Kerry Lutz's--Financial Survival Network

John Vespian says that more often than not, the desire to achieve ambitious goals immediately and easily is going to prove unrealistic. Important things, such as building your career, investments and personal relationships, demand substantial time and effort.

If you are feeling stressed because of your slow progress, remind yourself that it makes no sense to put pressure on the wrong places. Some things in life take as long as they take. The process of reaching ambitious goals is to be enjoyed day by day, not viewed as a waste of time.

Substantial skills, like learning a foreign language, require months or years of effort. Yet, the investment in effort, time and energy to pursue long-term goals is worth it. In life, you have plenty of time to find your own way. If you think that this is not the case, you may want to check your priorities.

"Some talents are innate, but others can only be acquired through practise," wrote Aristotle in twenty-five centuries ago. "The movement of animals is governed by the law of cause and effect, but the essential characteristic of human beings, rationality, can only be developed by choice." Are you aware of your choices and priorities? Are those rational and well-aligned with each other?

Trump has been president for nearly 18 months, and the effects of his economic program are being felt, bigly. GDP is way way up and so is employment. During the Obama years, GDP growth never got up over 3% and now it's getting close to 5%. But what about trade wars daddy? Well, Andrew believes that deals will be cut no later than October, just in time for the midterm elections. Let's what happens next. It's only money. 

Peter Grandich exited from the precious metals scene 5 years ago. And now he's back. He sees unparalleled value and the ultimate insurance policy. He's pessimistic about the course of the broader market and believes it's all going to come crashing down at some point in the next few years. It's just a matter of when. 

Sean of SGTReport woke up to an ugly reality yesterday. His YouTube channel was taken down with little or no explanation. It's 3 strikes and you're out! He supposedly violated community standards. What he violated these standards is a mystery to us all. This is truly war, a war on free speech. The Stasi Squad with the aid of the SPLC has helped closed him down. But Sean's not taking it lying down. He's fighting back. Tweet YouTube @TeamYouTube and voice your displeasure over this heinous act of censorship. YouTube does this all the time. YouTube is a public utility and a common carrier and need to be treated as such. This is pure evil. They are deleting history altogether. The day will come when they live to regret this action and their campaign against free speech. This is truly a day that will live in infamy!

Professor Walter E. Block of Loyola University in New Orleans joined the show. We bumped into each other at FreedomFest. Prof. Block is nothing if not controversial. He's reviled by the left and has been the subject of numerous smears. He believes that homeless is caused, at least partly, by government policies of zoning, minimum wage and unionism. The solutions rest with the private sector as we see that government has been wholly ineffective in dealing with this phenomena. Prof. Block believes all that's required is that it be allowed to function. But we'll probably never find out, as government only gets bigger as a result of its failures. 

Eddie says beware of Netflix and the Fangs. If you haven't taken profits already, then now might be a great time to do so. Rising rates will mean higher profits for financial companies. Once the trade war fears go away, the 10 year will break 3 percent and the US economy will stay strong. But time will tell, let's see what happens next. 

We spoke with author and financial expert Lorraine Ell. Her recent book Bozox Monsters and Whiz-Bangs - Bad Advice from Financial Advisors and How to Avoid It, is must reading. Lorraine helps her clients control emotional responses to market movements. It's hard but she's an expert in the topic. Avoid junk and go for quality. Diversify, both domestically and abroad and most importantly, don't panic!

John and I answer a number of your questions and then talk about the changing Commitment of Traders report. Usually the Speculators (hedge funds) are wrong and the Commercials (big banks) are right. If that's the case then it appears that the Commercials are less invested to the downside and the Specs are more committed to the downside. This could go on for a while. But it's looking better for the metals after the recent sell off. 

Martin Armstrong joined us for a talk about what's happening in Italy and the EU. Martin believes that all the EU bureaucrats care about is keeping their jobs and collecting taxes. People in Italy used their homes as savings vehicles because until recently there were no real estate taxes and no inheritance levies. All that is changing and Martin says the people will reach a no mas moment. It's coming. Back in the US, it's Trump versus the Deep State and the World. Who's going to win that one? What's a Deep Stater to do?

There's a major problem in San Francisco and other cities. Homelessness is rampant and it's affecting the quality of life - big time. From human excrement to used syringe's, filth and chaos are reigning. And it's time to reign it all in, before it's too late. We talk also about the fall of Las Vegas. Again homeless, abject neglect and a feeling that they've given up. Vegas once a value travel destination, is now a nickel and dimer's paradise. They charge you for everything and give little back in return. And where's Q anon? 

Jordan Roy Byrne has adjusted his forecast for precious metals. He believes that they’ll continue to be weak until the Fed starts cutting rates, which won’t be for a while. With the dollar headed higher, Jordan says there’s really nothing to move precious metals higher. Eventually they will take off, but not for now. 

There’s been lot’s or recent weakness in precious metals and commodities. Do we have more to look forward to or will we see a major turnaround in the resource sector. Dr. Copper is sending out warning signs. However the mood at the conference is still upbeat. This group of investors has seen it all before and is used to the periodic slam downs. To them it’s just a matter of time. 

Seasonal factors along with a strong US Dollar have led to a drop in most commodities, including gold and silver. It’s frustrating for those who believe that precious metals are a hedge against chaos, but it’s nothing we haven’t seen before. We’re heading to the 4th quarter, traditionally the strongest time of the year for precious metals prices. 70 percent of the time, prices go higher. In addition, we answer Arno’s question as to what happens when a country disposes of their US Treasury holdings. What can we expect if this becomes a trend. It could lead to serious issues with the Dollar and the US> 

According to noted financial expert Jim Woods, the world needs more renaissance men. And he thinks they might be about to make a come back. Not sure what a renaissance man looks like, take a look at the old Dos Equis commercials with the most interesting man in the world. He definitely fills the bill. And the more of them we have, the better!

What is Quintric, you may ask? Quite simply it's a gold backed crypto currency that it's founders believe will dramatically change what we call money. Each ounce of gold backs 1000 coins. Therefore, it should ensure that Quintric will be used as money, because it will be easy to use it as a currency. Let's see what happens next on this one. 

Cigar Break Asset Management's Craig Baker isn't much of a cigar smoker. Rather the name was picked out by a computer. The company is a hedge fund that finances hard money loans, purchases auto loan paper and they finance handicap accessible vehicles. Default rates are low and Craig has been involved in these lines for many years so he understands the performance aspects of the portfolios. Therefore, the returns are high and delinquencies are low. 

The demand for Medical Cannabis is burgeoning. It shows promise for reducing opioid dependence, pain management and a host of other medical conditions. Pure Global Cannabis is at the forefront of this movement. It's subsidiary Puresinse has obtained a rare license from  the Canadian government to produce and distribute medical cannabis and it has all the pieces in place to become a dominant international player. Most importantly is CEO Malay Panchal. A pharmacist by training, he has long been involved with major pharmaceutical companies, helping them to make full use of Internet technology. This opportunity came along and Malay jumped at it. How many times in life do you get the opportunity to be one of the first in an emerging industry? He's excited to be backed by major players in a brand new company that emerged on the scene via reverse merger. Pure Global Cannabis has just been listed on the TSX.V under the symbol PURE and FSN is thrilled to have a Pure sponsor. 

FutureMoneyTrends.com/Pure

Love Guv is a 5 part series was produced by the Independent Institute to show how government can screw up people's lives. The series deals with star crossed lovers Alexis and Guv. Guv seems to be very well intentioned, he really wants to help, but everything he does ends in disaster. From excessive college loans to helping Alexis buy a home, everything Guv touches turns into failure. Sound familiar?

Dr. Joel Wade has written books and taught courses on finding happiness. Of course all happiness derived must come from within. But the external world has a part to play in your happiness too. All too often we focus on the things that we cannot control and this leads to unhappiness and dissatisfaction. Better to concentrate on what we can influence and spend less time thinking about the things we have no impact upon. Things like politics and the news are pretty much obstacles to happiness, at least part of the time anyway. Time to focus on the things that matter. In so many areas of our lives, life has never been better and it keeps on getting better all the time. 

Joe isn’t someone I usually think of as a libertarian. But I think every American, no matter what their politics has a libertarian strain. While Joe doesn’t like the idea of hard drugs being legalized, especially because he doesn’t like the idea of having to pay for their health care or to subsidize their decline, he also sees the futility of prohibitions. In addition, he is extremely opposed to the left’s fascistic tendencies. So if it comes down to a choice between liberty and governmental control, Joe is always on the side of liberty. 

Sean Worthington has a PHD in computer science and has been working on crypto currencies before almost anyone. He believes that cloud kin solves all the problems of Bitcoin and has none of the limitations others suffer from. Sean says it can’t be hacked or stolen and used. And it can replace everything that’s out there now. Sound too good to be true? Listen and decide. 

Don Surber started out working in a factory, went to college and then became a newspaper man. After a long career, and with the dynamics of the newspaper industry in flux, he was shown the door. And his life has never been better. He writes his daily blog, www.DonSurber.BlogSpot.com and has several books to his credit, dealing with the Trump election and presidency. He sees the makings of a turnaround in his home state of West Virginia and is very hopeful. Read his work and let us know what you think.

Daniel McAdams is the executive director of the Ron Paul Institute. In that role they regularly review current news developments and comment accordingly. While many are excited by Trump's current supreme court nominee, the Institute takes a more worldly and grounded view. They're concerned about nominee Kavanaugh's ruling about mass data collection and his pro-state views. Where there's smoke...

The stock market hit its high in January of this year and doesn't seem able to budge. Millennials are near fully invested in this market and that can't be a good thing. At the same time gold is languishing, however the stocks are still performing well since February, with higher lows being made. Despite gold's current performance the GDX-J is still above its 200 day moving average. The GDX has performed similarly, but it's just below its 200 day moving average. 

I published an article about privatizing border security and enforcement. The feedback has been amazing. So here we are again. Let's put a bounty on all illegals of $500-1000, with a bonus for felons and illegal multiple crossers. Coyotes are tops at $2500 per head. In no time at all, our southern border will be secure. 

Gorsuch was a more more pivotal and important pick than Kavanaugh will ever be. He took the swing out of Kennedy's swing vote. The past 19 5-4 SCOTUS decisions saw Kennedy side with the conservative block 100% of the time, including the pivotal immigrant ban case and the groundbreaking Janus v. AFSCME case. 

A little known factoid, Gorsuch was Justice Kennedy's law clerk. The two men have a very tight bond. Evidently, the presence of Gorsuch on the court led to a stiffening of Kennedy's conservative backbone. Was there a deal? We can only speculate and hope that in return for Gorsuch's elevation to the court, Kennedy agreed to return to his conservative roots for the remainder of his tenure. 

New York City is becoming the San Francisco of the East. Broken windows policing works in reverse as well. When government allows disorder and chaos to happen on its streets, with no fear of retribution, it will inevitably get more of it, as witnessed by the demise of these two once great cities.