Danielle had an interesting article on her site written by CNBC anchor Steve Sedgwick. He explores the concept of the Spend Now, Pay Never attitude that has swept the UK (and the US as well). Millions have leased shiny new cars and will never own them. They'll never be paid off. This is a symptom of declining savings rates in many countries. Interesting turn of events. 

This story closely correlates with the fact that most of us concerning our personal finance, as in life, are our own worst enemies. We engage in long-term destructive behaviors for the sake of a short pleasure. In addition, we then look to correct a life time of failed financial planning by upping our appetite for risk, while being cheered on by the financial industry. A recipe for disaster. 

Direct download: Danielle_Park_14.Sep.17.mp3
Category:general -- posted at: 7:13pm EDT

Peter Schiff joined us to discuss the latest developments in the economic landscape. Contrary to MSM opinion, the crash of 2008 was only a precursor to what's coming next. And unlike Hurricanes Harvey and Irma, there's no hiding from it. When it hits, not if, the devastation to the financial system will be the equivalent of a Cat 5 making a direct hit on Wall Street. Time to prepare now before it's too late. Gold, silver but not Bitcoin as it's not worth the paper it's not printed on. 

Direct download: Peter_Schiff_14.Sep.17.mp3
Category:general -- posted at: 4:10pm EDT

Things are getting back to normal in storm ravaged Florida. Lights are back on. It's amazing how you can take something for granted like electric and the modern conveniences of life and then all of a sudden they're gone. Try driving through a major intersection with no traffic lights if you don't believe me. We all need to be more appreciative and thankful for the gifts we've been given. Fortunately Florida has followed the Houston model instead of the New Orleans example. There's mass looting, people haven't gone native, even in the worse neighborhoods. Government to its credit has done a good job of keeping things together. But this is a short term disaster and by the end of the week will just be a memory. Look at it as an opportunity to test out your prepping plan. 

Gold is holding strong. Silver down a little. We're getting close to Eric Hadik's golden year 2018. 

Comrade de Blasio set to win reelection despite being universally despised for his stupidity and complete lack of self-awareness. 

Direct download: TLR_430.mp3
Category:general -- posted at: 11:33am EDT

Andrew Hoffman joined us today! He's back! He's started his own website www.CryptoGold.com. It's subscription based but with Andy's constant stream of content you'll never be sorry. Bitcoin "crashed" down to $3900. It keeps going up and then having these mini-crashes. Gold is still under attack as usual. Will there be a tax deal? And how could it be bad for gold anyway. If the price goes up then it will keep going up. Gold is going up as Bitcoin goes up, it's not a coincidence. 

We wish Andy the best in his new endeavor!

Direct download: Andy_Hoffman_13Sep.17.mp3
Category:general -- posted at: 2:31pm EDT

There's a lesson to be learned from the recent Hurricanes Harvey and Irma. The attitude is don't worry, the government will take care of you. This attitude is prevalent in the economic world as well. Don't worry about your bank the government has got your back. Until they don't. And then what? 

Direct download: John_Rubino_13.Sep.17.mp3
Category:general -- posted at: 1:15pm EDT

Mark Falter says that Bitcoin is here to stay. There is a lot of hype and there is a bubble formulating in this area but certain types of this type of currency will be around and worth a lot more in 10 years. There are numerous types of cryptocurrency available , Bitcoin was one of if not the first.

Mark has heavy concerns about some of the other forms of currency. They can be a major venue for money laundering. Very much like the .com companies in the late 90s, over priced over valued , but there were a lot of people made a lot of money on them and many of those .com’s are still around today (Yahoo, Amazon etc, eBay).


The major problem we have with cryptocurrency is it is inviting a “Den of thieves” and is something that someone doesn’t want to go into blindly. The “Blockchain concept” makes in nearly uncrackable, and if done right can be very safe. One pf Mark's major concerns is it's all very unregulated, the SEC can regulate the sale of this fund but Cryptocurrency itself they can not.


Full Disclosure , Mark owns Bitcoins. 

Direct download: Mark_Falter_13.Sep.17.mp3
Category:general -- posted at: 12:46pm EDT

Gold is showing new life. Just wait till the Cryptos crash, especially Bitcoin. Then anything bullion related will zoom higher. Let's see what happens next. It's going to retest $1300 and then go higher. Hurricane blues are setting in. It's not going to be a net plus to the economy. And keep your eye on the dollar. 

Direct download: Woody_OBrien_13.Sep.17.mp3
Category:general -- posted at: 11:34am EDT

There were moments when I wasn't sure what was going to happen, but we made it! I made the mistake of taking the last hotel room on the internet at the Relax Inn in Kissimmee Florida just outside of Orlando. It turned out to be a welfare hotel. There were guys with prison tattoos checking me out and planning to rob me. Got in the room, barricaded the door and put my Glock on the table. Then the forecast changed and the storm was supposed to be a Cat 3 direct hit on Orlando. It occurred to me that this crappy little motel wasn't gonna survive it, so I desperately looked for another. Found a Holiday Inn Express right by the airport. Stayed there and was safe. Eventually the power went out. It was a bit windy and some trees got uprooted, but otherwise nothing too serious. We lived to do another Triple Lutz Report. Back to our normal schedule tomorrow. Hope all my Floridians are safe and your homes were spared. 

Direct download: TLR_429.mp3
Category:general -- posted at: 12:41pm EDT

We've been connecting with Eric Hadik now since 2015. During that time his market calls in precious metals have been on the money. Earlier this year he called that gold/silver prices would be in check until the 3rd quarter of 2017. Now's he's calling for 2018 to be a truly golden year with prices heading much higher.

Oil is in a bottoming process and could also be heading higher in the next few years. Pessimism rules. Eric sees confirmation in the recent moves in unleaded gasoline and heating oil. Let's see what happens next. 

Stock Market The Dow Transports and Russell 2000 both peaked several months ago. They were early indicators of what's to come. The Dow and S&P both rebounded but are just below their peak. 10 year cycles indicate a market sell-off on the way. There's almost certainly a long term decline coming soon. 

USD has been in a two year trading range and is now starting to break down. Inflation and other factors will lead to a more accelerated move. Expect a possible dead cat bounce but it has likely turned the corner and starting what could be a multi-year downturn. Fundamental events will continue their own momentum until there's a climactic movement and then the trend will become obvious. And let's not forget, Republican administrations have been bad for dollar for at least the past 30 years. 

Direct download: Eric_Hadik_07.Sep.17.mp3
Category:general -- posted at: 10:42am EDT

Stanley Fischer is gone. Does this mark the triumph of the Good Guys? Let's see. Treasury Secretary visited the gold supposedly being stored at Fort Knox in Kentucky. Bix believes there's way more gold out there than anyone can imagine. The Marcos's gold haul will come to the market soon. And who knows what else is out there. Will we actually return to a gold standard? Listen to Bix and see. 

Direct download: Bix_Weir_06.Sep.17.mp3
Category:general -- posted at: 3:26pm EDT

August was quite a month! Major stock markets in the US continued their ascent. Same with emerging markets. TSX was down, TSX-V was up. The real action was in Bitcoin; it was up 66%. Metals were all up over the month, Gold was up 4%. Pt and Pd each up 6%. Copper up nearly 7%. Energy took a hit, WTI down 8.4%, Brent down 3.5%. Natgas was up after 3 down months. Uranium was flat. Currencies saw the Greenback decline slightly and the Euro up slightly. Rate on the 10 year T Bond plunged to 2.12. And again Bitcoin was up 66%. in the world of ratios Gold/Silver is still over 75.3. See you next month!

Direct download: Mickey_Fulp_06.Sep.17.mp3
Category:general -- posted at: 12:19pm EDT

Looks like we're not gonna dodge a bullet on this one. Hurricane Irma is headed straight for FL. Where it goes from there is anyone's guess. It's got the potential to become a CAT 5 storm, the worst possible. I'm debating whether to go or to stay. Not sure what to do. What would you do? I'm 11 miles from the ocean, but it won't be far enough.

Welfare state in NY is buzzing along as expected. Now Legal Aid is suing the City trying to get rights for homeless tenants who's rent is being paid for by the taxpayers. They want them to be protected by rent stabilization, a right that's thus far only been enjoyed by paying tenants. Whatever happened to beggars can't be choosers? 

Finally gold keeps going up. $1376 is the magic number/resistance point. Where will it go from there?

Direct download: TLR_428.mp3
Category:general -- posted at: 2:18pm EDT

Author Jim Mosquera joined us. He's got a new book out: Escaping Oz: An Observer’s Reflections which is a companion book to the rest of the Escaping Oz series. In today's economic and political climate, protecting yourself means asking the right questions. You can't ask the right questions if your mind's encumbered by what you think you may understand. Who's the man behind the curtain? What's this thing we call money? It's not what you think. Is there really such a thing as a trillion dollar coin? And interesting interview. 

Direct download: Jim_Mosquera_05.Sep.17.mp3
Category:general -- posted at: 1:50pm EDT

First it was Hurricane Harvey, now we're looking at Hurricane Irma. Then there's North Korea in the background threatening a global conflagration. What can the US do about it? Are we getting to the point where events are rapidly cascading out of control? Has it become obvious that markets and Mother Nature are way more powerful than the desires of man? Let's see what happens next.

Direct download: John_Rubino_05.Sep.17.mp3
Category:general -- posted at: 1:32pm EDT

Ned Schmidt joined us today. He's bullish on precious metals. Due to Hurricane Harvey and the upcoming disaster of Hurricane Irma, the Fed will be printing money non-stop for years to come. You see it in the sudden rise of the Looney and Aussie Dollar. He's not too enthused about my concept of the tulip backed crypto-currency. Try buying a beer or a cup of coffee with one and see what happens. In other matters, Hurricane Irma's path could lead it to do widespread crop damage right at the harvest. No one knows where it goes after Florida. Agricultural commodities were on a tear before the hurricanes, but have taken a breather. Let's see what happens next. 

Direct download: Ned_Schmidt_05.Sep.17.mp3
Category:general -- posted at: 11:50am EDT

China's supposedly coming out with an oil contract that can be settled in gold. Let's see if it really happens. Gold is up nearly 10 bucks the ounce today at $1334 and Silver is getting closer and closer to 18 bucks the ounce. 

Comrade deBlasio (whom we are extremely grateful to for his endless contributions to the show) has done it again. Governor Cuomo has come out against his efforts to take down the statue of Christopher Columbus in Columbus Square (I know it's round) in NYC. The moron Comrade has ignited a fire storm of controversy over this non-issue. It's all a smoke screen for a party that has no message and a proven inability to lead. 

Is North Korea for real or is it just a province of China? Kim gets his marching orders from Beijing, plain and simple. And he's dancing to their tune. Trump has threatened to cut off trade to all countries trading with the Norks. This would send the world into a global depression, the likes of which would make the 1930's a walk in the park. Let's hope it never happens, because then a war could very well become inevitable. 

Will cooler heads prevail? 

Direct download: TLR_427.mp3
Category:general -- posted at: 5:45pm EDT

The final tally from Hurricane Harvey has yet to be counted, but the state's governor is throwing around numbers of around $180 billion. Houston is vital to the US economy and Congress loves to throw money around, so figure that they'll get it. And there's no other way than for the Feds to get involved. Private will be vital, but nobody writes checks like Uncle Same. 

Gold is trading around $1325 the ounce and Silver is getting close to the $18 mark. Sure there's a lot of fear and loathing with North Korea, but there's a hidden cycle at work. Eric Hadek has been forecasting this price movement since 2015, and here we are. 

Andy Hoffman will be back on the show September 12th or 13th. Keep a look out for him. He's got a lot to say. 

And as always there's lots more. 

Direct download: TLR_426.mp3
Category:general -- posted at: 5:39pm EDT

Kerry Lutz, Founder and host of The Financial Survival Network, returns to Reluctant Preppers to offer his perspectives on the direction and major upcoming triggers we need to prepare for in the financial world that WILL impact our economic lives!

Surrounding the Lehmans Brothers collapse of 2008, the managers of our financial world were, in their own words, "standing on the precipice and staring into the abyss," and narrowly evaded a total economic collapse. After almost a decade of unprecedented stop-gaps: zero and negative interest rates, exchange stabilization, and plunge protection, how does today's risk stack up? Are your retirement accounts any safer now than during the largest bank bailout of all time, or is your nest-egg truly in much greater peril?

 

 

Direct download: Kerry_Lutz_-_Reluctant_Preppers.mp3
Category:general -- posted at: 10:26am EDT

Nationalism is a buzzword pulled straight from today’s headlines. But did you know that a large part of the Reformation was driven by nationalism? Find out how in The Reformation 500 Years Later: 12 Things You Need To Know (releases August 28th.)

500 years after Martin Luther allegedly nailed his 95 Theses on the door of Wittenburg Castle Church, popular historian Benjamin Wiker PhD reveals 12 little known facts about the historical event that impacts every last one of us.

In The Reformation 500 Years Later: 12 Things You Need to Know, Professor Wiker reveals:

Why Islam and secularism, major threats to Christianity today, were also major factors influencing the Reformation

How Luther inspired radical reformers whom he actually despised

How bad popes were even worse than you think

Why nationalism was as much a force in the Reformation as religious reform was

How the Catholic Church was in dire need of reform—and how it had benefited from continual reform over the course of its then 1,500-year history

How the invention of the printing press both helped and harmed the Reformation

Why another Reformation is inevitable—and what course it might take

Direct download: Benjamin_Wiker_30.Aug.17.mp3
Category:general -- posted at: 2:50pm EDT

Bob Hoye joined us to talk about markets. He believes there's a contraction coming. The current bull markets in stocks and unfortunately the pro-business Trump admin won't be enough to rescue markets, both stock and credit. We're on the path that leads to a contraction. While there's no guarantee that markets will follow the past, there's no guarantee they won't. So it's safer to follow the tried and true path. When the contraction comes, the price of gold will move up. Stocks may take a temporary hit as the greater market contracts. Lot's more. Have a list of the gold stocks you want to buy because you'll probably have an opportunity in November to buy them at a substantial discount. 

Direct download: Bob_Hoye_30.Aug.17.mp3
Category:general -- posted at: 1:29pm EDT

Things in Houston are far worse than the media is letting on. The damage has been devastating and has effected millions of people. Most of them are un/under-insured. Get ready for helicopter money. But have we finally encountered a situation that we may be unable to print our way of. And let's see how those dams hold up. More havoc could be on the way. 

Direct download: Chris_Martenson_30.Aug.17.mp3
Category:general -- posted at: 1:08pm EDT

David Morgan's been following precious metals markets for 40 years. During this time he's seen a lot. He thinks that the current rally which broke through $1300 without breaking a sweat will soon be over. The silver to gold ratio is not narrowing and that's a negative sign. There's a lot more problems out there than anyone politician wants to admit. Eventually those problems will percolate to the surface making the crash of 2008-09 appear as a minor blip. Are you ready? 

Direct download: David_Morgan_29.Aug.17.mp3
Category:general -- posted at: 2:13pm EDT

Antifa and Black Lives Matter are out of control. The police have been told to stand down in the face of repeated attacks by these groups. We discuss with George Matheis, our all around self-defense expert, how to avoid triggering these thugs. It might be a good idea to put your MAGA hat away and avoid putting certain bumper stickers on your vehicle. 

George has a new business. He's training service dogs and loving every minute of it. He had a bad case of PTSD and has found that his service dog has always got his back. Dogs are also ideal for home defense, more sensitive than even the best alarm system. 

Direct download: George_Matheis_29.Aug.17.mp3
Category:general -- posted at: 2:10pm EDT

A clandestine war is being waged against the Trump administration by rogue elements of the intelligence community, with the collusion of the media and liberal establishment. It amounts to an intelligence coup against the Trump presidency. In ROGUE SPOOKS: The Intelligence War on Donald Trump, bestselling author Dick Morris uncovers the facts behind allegations of foreign meddling in the 2016 presidential election.

This groundbreaking expose will leave readers questioning the motives of U.S. Intelligence agencies, leftover partisans within our government, and members of the mainstream press.

Donald Trump's first 100 days in office were roiled by allegations of treasonous contacts between his campaign team and the Kremlin to rig the election. These outrageous charges first surfaced in the notorious “Trump Dossier,” an unverified document of suspect provenance, full of wild and salacious accusations.

This dossier—filled with little more than gossip, rumor, and innuendo––was compiled by Christopher Steele, a former British intelligence operative who teamed up with the FBI and anti-Trump partisans. Hillary Clinton supporters paid for Steele’s work.

When no news media would publish the unverified dossier, the ex-spook enlisted the help of a former UK ambassador to Russia, who arranged in turn for a former U.S. Assistant Secretary of State to get the document to Senator John McCain, in the hope that he would then bring it to FBI Director James Comey’s attention. McCain did just that.

Comey himself played a critical role in the dossier ultimately going public, giving a confidential summary to President Obama and Congressional leaders. It was immediately leaked by rogue spooks in order to demean, destabilize, and destroy Donald Trump’s nascent presidency.

The dossier and this mythical intelligence are the basis for the phony claims about a Russia/Trump collusion to steal the election. No proof was found. No substantiation uncovered. Even Comey told Trump he was not under investigation for the Russian meddling charges. But that didn’t end the leaks or the allegations. Working in concert with liberal news outlets, these rogue spooks have formed a new intel/media complex that threatens our democracy. ROGUE SPOOKS will reveal how it works.

The many questions Dick Morris answers in ROGUE SPOOKS:

Was Russia the only nation meddling in the presidential election, or were the Brits at it too?
Are there still Obama moles burrowed into the FBI, CIA and the White House, sabotaging the Trump administration?
Did the FBI offer to pay the author of the infamous “Trump Dossier” $50,000 of taxpayer money to verify the dossier’s allegations, while he was also being paid by Clinton supporters?
What are the likely next moves of the leaders of the coup, and how can Trump defeat them?

In ROGUE SPOOKS, readers will be shocked to learn the truth about the false accusations against President Trump in the flawed dossier. They’ll be interested to know how leaks to the media fueled the phony scandal, and how intelligence agencies will try to use the newly appointed special prosecutor to oust President Trump. They will also learn what we can do—specifically—to stop them.

Direct download: Dick_Morris_28.Aug.17.mp3
Category:general -- posted at: 2:46pm EDT

Today gold broke $1300 per oz. Is it hallelujah time? Let's see what happens. Gold's price behavior has changed markedly over the past 3 months. We're seeing higher highs and higher lows. Sounds like a trend change to the uninitiated. However, we do have the overhang of a very negative COT report. This probably means that we're going to see a reversal, but it might very well be shortly lived. Exciting times. 

Direct download: John_Rubino_28.Aug.17.mp3
Category:general -- posted at: 12:20pm EDT



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