Kerry Lutz's--Financial Survival Network

Think wind, solar, and batteries can replace the hydrocarbon fuels that power our modern industrialized society? Green Breakdownshows why the Net Zero agenda―a forced transition to renewable energy―is costly, dangerous, and destined for failure. Using science, economics, and in-depth analysis, Steve Goreham exposes the weaknesses in the planned green energy transition and predicts a coming renewable energy failure.

Steve Goreham's Green Breakdown is a complete discussion of all facets of the proposed green energy transition, including hydrocarbon and renewable energy, biofuels, power plants, home appliances, electric vehicles, ships, airlines, heavy industry, carbon capture and storage, and the hydrogen economy. Goreham uses color charts and graphs, and references to numerous studies to support his arguments. At the same time, his large collection of cartoons, colorful images, and quotes grabs the reader's interest.

Green Breakdown is essential reading for anyone wishing to understand the truth about energy production, energy use, and policies related to climate change.

Order the book here: Green Breakdown

Visit Us at: https://FinancialSurvivalNetwork.com

Kerry Lutz interviewed Clint Turner about his experience investing in land in Texas. Clint shared his journey from trying to graduate college to becoming a successful land investor. He explained the benefits of investing in land in Texas, including the ability to side-step the zoning process and the potential for high returns. Clint also provided advice for those looking to get started in the business, including the importance of having capital and understanding the local market.

Visit Clint at: https://learn.land/

Visit us at: https://FinancialSurvivalNetwork.com

We sat down with renowned cycle investor Charles Nenner for an update. He sees the BRICS currency taking off and the dollar going much lower over time. He's negative on stock markets but concedes there could be another bounce. Gold/Silver are looking at lows but will rebound and gain ground by years end. Much, much more to this long awaited interview. 

Visit Charles at: https://CharlesNenner.com

Visit us at: https://FInancialSurvivalNetwork.com

Kerry Lutz discuss the reasons behind China's economic implosion, including huge borrowing, debt bubbles, malinvestment, and an exploitative mercantilist model. They also touch on corruption in China and how it affects business practices, as well as the unreliability of Chinese statistics. Lutz provides a detailed critique of China's infrastructure and response to natural disasters, including the lack of warning and destruction of property.

Andy joins us for a wide ranging discussion of the current downward pattern of the world's reserve currency, the US Dollar. The Brics nations are moving forward with a so-called gold-backed currency. Do they have what it takes to supplant the mighty Buck? Andy thinks yes, what's your opinion?

Visit Andy at: Miles Franklin

Visit us at: FSN

Kerry Lutz interviewed Judy Wilkins-Smith about her book, Decoding Your Emotional Blueprint, which explores the idea of emotional and financial DNA. Judy explained that people inherit patterns of thoughts, feelings, and actions around money, which can limit them. She suggested identifying and disentangling these patterns to create a healthier money DNA, and offered a four-day event in November to help people do so. The interview covered topics such as the importance of identifying outdated beliefs, the need to create a bigger want than the current situation, and the ongoing work required to maintain a healthy money DNA.

Visit Judy's site: https://judywilkins-smith.com/

Visit FSN at: https://FinancialSurvivalNetwork.com

Kerry Lutz and Robert Siciliano discussed various types of scams that property owners and investors should be aware of. They talked about land scams, vacant land scams, and wire fraud scams in mortgage closings, and emphasized the importance of taking precautions such as signing up for fraud alerts and monitoring property records. They also discussed the importance of title insurance in protecting property owners from potential claims that may arise after purchasing a property.

Kerry Lutz interviewed Mauricio Di Bartolomeo, CEO of Leadin Private Wealth, about their flagship product of issuing dollar loans backed by bitcoin collateral and their other offerings in the crypto space. Mauricio explained the benefits of their product, including maintaining ownership of bitcoin while getting the dollars needed without creating a taxable event. He also discussed the transparency measures Leadin takes to ensure the safety of client assets and the ease of setting up an account.

Visit Lend at https://ledn.io/

Visit FSN at https://FinancialSurvivalNetwork.com

In the meeting, Kerry Lutz interviews Brent Bowers about his successful land investment business, which involves buying and selling land, improving the process, and offering seller financing. Brent shares his investment strategies, including going after bigger and more expensive parcels and building passive income through seller financing. They discuss the impact of interest rates on the business and how it has created more opportunities for them.

When we talk about debt and its impact on our economy, we almost always mean “government debt.” However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In this iconoclastic book, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both financial crises and spiraling inequality―but also, paradoxically, economic growth―is ever rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability unless it is periodically deleveraged―and that is very hard to do. It can, however, be carefully managed, and Vague ends the book by showing how to do so in policy areas ranging from trade and housing to financial policy and student debt. Underpinned by pioneering data analysis and the author’s lifetime of experience in the financial world, this book is essential for anyone who wants to understand the deep, underlying dynamics of the American economy. 

Get Richard's Book: https://www.amazon.com/Paradox-Debt-Prosperity-Without-Crisis/dp/1512825328

Visit FSN https://FinancialSurvivalNetwork.com

Kerry Lutz interviewed Dr. Kuni Beasley about the value of college education and how it has changed over the years. They discussed the rising cost of college and strategies for taking the pinch out of the cost of college, including finding scholarships and grants. They also talked about the importance of choosing the right school and degree program, and how college may not be necessary for everyone, especially for those who are entrepreneurial.

Kerry Lutz introduced Dan Barrett, an expert in helping investors find sellers in a short inventory market. Dan shared his journey from being a high school history teacher to focusing on a particular type of client. He explained how his agency focuses on online methods to find sellers and shared some of the strategies they use. Dan provided an overview of the two main online marketing strategies, the shotgun approach and the sniper approach, and emphasized that there is no one-size-fits-all approach to online marketing.

In this meeting, Kerry Lutz and John Rubino discussed a range of topics, including the impact of rising student loan debt on credit card balances, the benefits and risks of writing covered calls on certain stocks, and the consequences of San Francisco and California's experiment with legalizing crime and camping on the streets. They also discussed the severity of China's real estate crisis, the ongoing Russia-Ukraine war, the recent wildfire in Hawaii, the changing nature of rebellion and protest art, and the recent lawsuits against Facebook for censorship.

Kerry Lutz and Josefine Campbell discussed the concept of managing personal energy levels for business success using the imaginary tool called the power barometer. They emphasized the importance of taking responsibility for one's energy levels and how it can affect team performance. They also talked about the personal nature of business and how owning one's energy levels is crucial. The discussion also touched on the importance of sleep and healthy sleep patterns, as well as practical steps to boost energy levels such as doing activities that give energy and self-care practices like meditation and exercise.

Visit Josephine at: https://JosephineCampbell.com

Visit us at https://FinancialSurvivalNetwork.com

Kerry Lutz and Dudley Baker discussed the current state of the resource sector and the potential for high returns in the future. Baker mentioned a service he subscribes to that predicts a cycle low in precious metal stocks, which could be causing the current down pressure on gold and mining shares. He believes that once these cycle lows have passed, there should be a big up move in the gold and mining shares, potentially leading to ten baggers or even x one thousand percent returns for investors.

Kerry Lutz and Robert Kientz discussed the banking crisis and deposit gap caused by the Federal Reserve raising interest rates, leading to an outflow of almost a trillion dollars from large commercial banks and several hundred billions from small commercial banks. They expressed concerns about the potential for wholesale defaults and policymakers' ability to recognize the issue and take action to help shore up the banks' balance sheets. The speakers also discussed the possibility of bailouts taking place behind the scenes and the challenges of the FDIC's limited coverage for deposits. They questioned whether the policy-making tools will be strong enough to prevent a downward spiral and maintain consumer confidence, and expressed uncertainty about the future of the banking system.

Doug Casey and Kerry Lutz discussed various topics including the potential dangers that could lead to the collapse of civilization, the decline of DIY repairs due to modern technology, the role of government and its usefulness, and the challenges of sustainable energy sources. They emphasized the importance of individual freedom and free markets in solving the problems facing the world. They also discussed the misconceptions about Russia and the benefits of nuclear power as a safe, clean, and cheap form of mass power generation. 

Visit Doug at: https://InternationalMan.com

Visit us at: https://FinancialSurvivalNetwork.com

Kerry Lutz and Russell Stone provided a comprehensive analysis of the current state of the market, discussing the impact of external factors such as China's economy and Europe's slowdown. They also delved into the value of precious metals and the strength of the dollar, and how these factors may affect the market in the future. The speakers also discussed the role of the Federal Reserve and interest rates, and how these may impact the bond and fixed income markets.

We were very fortunate to sit down with an our close friend and associate Dunagun Kaiser at the recent Rick Rule Symposium. We go way and we reminisced about old time and spoke about where the world is heading. 

While the situation is always hopeless we prove quite conclusively that it is never serious. We talk about the value of children, family and communities in helping you to prepare for an uncertain future. 

Visit FSN at: https://FinancialSurvialNetwork.com

Visit Dunagun at: https://www.libertyandfinance.com/

We sat down for a sponsor update from Fury Gold Mines’ (FURY 🇨🇦: FURY 🇺🇸) CEO Tim Clark and Exploration SVP Bryan Atkinson ( FURY). Drill results are in for the first 3 holes for 2023. Multiple zones of high-grade gold were intercepted at the Hinge Target. Gold mineralization was present in each drill hole including 5.0 meters of 3.6 g/t Au, 6.5m of 2.66 g/t Au, 6.0m of 2.77 g/t Au and 1.0m of 10.35 g/t Au. Atkinson says things are going exactly to plan with good continuity and results.

CEO Clark explains that a revised resource estimate is expected later in the year. His hope is for 2 million ounces. With drills continuing to turn on Hinge and Percival, this is not too far a stretch. While the Quebec wildfires delayed drilling for four weeks, the crews have returned with renewed vigor and they’re making up for lost time. The good news is that assay labs are back in full operation and have been rapidly returning results.

Fury started the year with an impressive C$12 million in the treasury and expects to finish with C$6 million. In addition, they are still a 25% holder of Dolly Varden Silver shares so adequate funds will be available beyond 2023.

Fury has also taken on a new chair – Brian Christie, who reigned for a decade as Investor Relations dynamo at Agnico Eagle. This will facilitate the company’s efforts to broaden its investor appeal, which is one of the many reasons we are staying invested.

Company Website: https://furygoldmines.com

We sat down with Trillion Energy’s (TCF 🇨🇦: TRLEF 🇺🇸: Z62 🇩🇪) CEO Arthur Halleran for a sponsor update. The company is refocusing its efforts. After successfully drilling 6 natural gas wells, Trillion is seeking to maximize daily production and cash flow.

Underwater wells are complex and Trillion is working to balance production in an effort to insure optimal cash flow. Art informed us that the company will begin drilling again in 2024, after completing a major 3D seismic study on its existing and adjoining blocks. While becoming an established natural gas producer, it has entered into a farm-in agreement with Derkim Poliüretan Sanayi ve Ticaret A.S. to earn a 50% working & revenue interest in three oil exploration blocks comprised of 151,484 hectares (374,325 acres) within the newly defined Cudi-Gabar petroleum province in Southeastern Turkiye. Art said that, “[This is] the Best Oil Property I’ve Come Across in My Career.” The site is in close proximity to several recent major discoveries. As part of the deal, Trillion will complete 2d seismic on the site and drill 4 wells in 2024.

Art reflected that Trillion is now a natural gas producer, realizing over $2mm per month in net cash flow and is applying the funds to building out the company by making major investments in Turkiye booming energy sector.

The company has come a long way in the past two years. With its latest moves, it is building upon its prior successes and preparing the way for much larger gains in the future. Trillion remains a major holding in our portfolio.

Company website: https://trillionenergy.com

Kerry Lutz interviewed Martin Armstrong about his new book on De-Dollarization and its potential impact on global financial markets. Armstrong argued that the US dollar's dominance is backed by deep financial markets and that the creation of a BRICS currency is unlikely to replace it. He also discussed the geopolitical factors at play, including the Biden administration's removal of Russia from Swift and the impact on globalization. Armstrong suggested that the de-dollarization trend is driven by geopolitical factors rather than deficits, and that the US cannot continue to threaten China and Russia while expecting them to lend money to buy bullets to shoot them.

Kerry Lutz and Patrick Elsner discussed the potential of investing in franchise opportunities and the benefits of technology for franchise brands. They also talked about the startup costs for a Massage Envy franchise and the differences between medicinal and spa-like environments for massage franchises. Additionally, Elsner shared insights on franchise financing and success stories, highlighting that while financing can be costlier due to interest rate spikes, self-funding is common among high-level executives.

Japan capitulates again, interest rates spike, yen falls.

Fed is getting frustrated that the markets don't think it's serious. 

Under the headlines, the economy is still slowing.      

--manufacturing indexes are in contraction

-- commercial real estate is falling

-- housing is frozen, stocks hit new highs and are cutting prices.

There’s a shortage of housing due to 3% mortgages. Baby boomers can’t downsize. 

Niger coup roils the uranium market. Why political risk is a real thing.

The BRICS meeting is this month, expect lots of chatter leading up to it. 

Is Elon Musk the most powerful person on earth?

Drones and AI are taking over warfare. 

The Cold War was scam.

Now the rearmament cycle begins anew. 

Visit John at: https://Rubino.Substack.com

Visit us at: https://FinancialSurvivalNetwork.com

PMI Report (Manufacturing Purchasing Managers' Index)

measures the activity level of purchasing managers in the manufacturing sector

Past few months we have seen the numbers in line or under expectations
Last week it was above for the first time since April
Another number will be reported tomorrow
ALL values are still negative, even if they are not as negative as initially thought.

Everyone is Bullish and it is scary!

Morgan Stanley strategist Mike Wilson finally capitulated and apologized for getting the market wrong the last nine months. (He is a huge bear mkt guy) from 3500-4400

When the Street’s most bearish strategist turns bullish, does that mean the market is due for a correction? YES!

Time to get short.

Last year people were adding on to TBill positions.
This Year, everyone YOLOed into tech stock and out of TBills
Right on market highs.
You could not have scripted this any better.

Between strategists apologizing and people YOLOing into tech stocks, I think it’s time to book whatever gains we have and move to the sidelines.

Lets put a baseline correction of 10-12% And it could get worse.

All I know is that all the conditions are in place for a correction of some magnitude. And it will take a lot of people by surprise, as these things usually do.

Word of advice: sell when you can, not when you have to.
Never confuse brains with a bull market. When we start to hear of plumbers quitting their jobs and getting into day trading… again. They made a lot of money off TSLA and think that is a repeatable strategy. Here we go again.  We all remember that in the 90s, but I guess not everyone does.

We can talk about how interest rates are over 5%, how there is a war in Europe, how there is the persistent threat of inflation, how richly valued the stock market is—none of it matters. These are the sorts of things that people like us talk about on media shows.  People may hear us, but are they listening?

You want to know where the market is going? Don’t follow the smart money; follow the dumb money. – I use that term loosely, because the pain will be real.

Inflation is 3%

The tomb is sealed, and we don’t even realize it yet.

Bottoms are made on panic. Tops are made on euphoria. In October, we were fearing hyperinflation. Now there is open discussion about deflation.

The truth is always somewhere in between.

We went from believing that inflation was undefeated to defeated in nine months. Over that time, the stock market has rallied over 20%. There is a lot of complacency out there. It’s the summer, people are having a good time, and they don’t see the need to hedge. People aren’t doing a lot of thinking about how to insure against a downturn.

Mind you, I’m not talking about a crash—I would never call for a crash—I’m just saying that a sharp correction is highly likely, and it is going to catch a lot of people offside.

Visit James at: PooleLocke.com

Visit FSN at: FinancialSurvivalNetwork.com