Kerry Lutz's--Financial Survival Network

Like so many other things in life, selling your home is a process. Real estate expert and author Brett Furman suggests that rather than waiting to do the work when you actually list your home, get a head start. It also often pays to bring in a home inspector to evaluate what work needs to be done and how much it will cost to have it completed. That way, you'll know exactly what you're up against and be able to avoid the last minute scramble to get it done. 

Craig Hemke says the Fed works for the banks, not for the people. Therefore, if they determine that it's in the banks' best interest to raise rates they will do it. Forget the burgeoning national debt and the fragile world economy, the only thing that matters to the Fed is the well being of their masters, the Banks, especially the Too Big To Fails. If that seems irrational, it shouldn't. The Fed's real purpose is to protect and to help the Banks flourish. And that's exactly what it's done throughout it's history. 

As usual the numbers don't lie. Gordon T. Long and I predicted over a year ago that the Great News coming out of Detroit was more about easy credit than about solid fundamentals. Fast forward a year and now the truth is beginning to become obvious. Auto leasing is way up and the supply of cars about to come off-lease is going sky high, thus driving used and new car prices down. Around the globe auto makers are going to take a major hit. From China, to Germany, to Mexico, to the good old USofA, the story is the same. Markets artificially goosed up by easy credit. But the day of reckoning is getting closer. 

What's Not Imploding Now Wednesdays With Andrew Hoffman:

Pre-FOMC meeting

-why the Fed would consider a rate hike, when it would be such a suicidally stupid move

-"the only financial event that could be as cataclysmic as a signficant Yuan devaluation"

Exploding global PM demand

-u.s, china, india

collapsing supply

-retail, comex, shanghai, etc.

yesterday's article re: PMs, "the best ever fundamentals, and the worst-ever prices"; and the day before's "story of 2016," as PM supply/inventories/miners vanish

According to Ned Schmidt, there's a complete absence of precious metals in the portfolios of virtually any major fund in the world. Prices are incredibly cheap. At the same time, stock markets are tanking around the world. No one wants to show any gold stocks in their portfolio as they show their year end statements. But come next year, then the move will be on. The technical outlook doesn't get any better. Ned says, "January will be the month!"

Crista Huff is a retired Vice President of Morgan Stanley. She can now be found at  Goodfellow LLC. She combines fundamental and technical analysis to select stocks, with the goal of outperforming the stock market averages, while lowering risk.  Her strict stock selection criteria include strong future earnings growth, low/fair price/earnings ratios, and low/fair debt ratios.  Then, she waits for the charts to turn bullish before she’ll give the stocks buy ratings.

Automotive Expert Pam Oakes explains the importance of using a maintenance schedule to keep track of all your automobile’s needs.

The Fall Season is always an opportune time to get the car washed and tuned up form a horrid winter season. Regularly washing and waxing your vehicle will protect the paint and body.

Making sure to keep your vehicle on schedule for all maintenance needs is another important step in ensuring it is ready to ride the road for many years to come

Jason K. Roberts says that anyone can get rich in real estate. The key is buying middle class homes at reasonable price and to not expect to get rich in a hurry. Most importantly, start early and have a plan. After 10 years you'll have a number of homes that will be generating a substantial cash flow that will enable you to keep buying more and more homes. Before you know it, you'll be retired and living the good life. Of course it's not quite that easy, but as you've heard here before, it does work. 

Alan Newman has been a stock market guy for over 50 years, although you wouldn't know it to hear him now. He's really down on the market. He believes it's a place where the little guy no longer has an even chance at making money. With crony capitalism, manipulation, high frequency trading, stock buybacks and all sorts of sordid behavior, it's become a den of iniquity. He is bullish on certain high quality mining stocks and precious metals. It just requires patience and an understanding of economic trends. 

The Keynsians are at their wits ends. The world economy has fallen and it can't get back up. Never mind the fact that it's broken because of the Keynsians and Progressives in the first place. So take their advice with a grain. War on cash, negative interest rates, refusal to redeem cash, these are just a few of their off the wall ideas to get the economy going. Of course they'll all meet with the same fate as their other ideas. 

This is the week when the Fed is supposed to raise rates. While unemployment may appear to be lower, in reality work force participation is at levels that haven't been seen since the 1970's. Consumer spending is depressed. Are we about to make the same mistakes that were made during the 1930's? Bill thinks yes and that's why he thinks interest rates aren't going higher. 

Danielle Park was back with us. Amazing news about the state of modern corporate finance. The IRS has been allowing tax-free stock buybacks in contravention of the US tax code, since 1976. This will eventually lead to massive economic damage, when the economy and the stock market turn down. We also talked about the "new" Justice Department policy of holding invididual corporate wrong doers responsible for the criminal acts of their businesses. What a novel concept that only goes back hundreds of years. 

Abe is re-elected. The triumph of hope of disasterous experience. It reminds one of Einstein's old saying about the definition of the word insanity. If massive QE and stock market intervention doesn't work, keep on keepin' on. Well re-elect the bum of course. They've tried every Keynsian trick in the book and nothing seems to work. Is there a limit to the debt? How about a tax holiday for everyone in the world and we just print the difference? 

Victora Shtainer is a top flight New York City Real Estate Specialist. She see the floodgates of Chinese flight capital opening up shortly. While the Chinese currency continues to de-value, Chinese individuals are also being actively encouraged to buy abroad by their government. While many thought this volatility would cease foreign buying, the exact opposite is happening whereby the rich are accelerating their need for investment outside of China. Until now, Chinese individuals have been allowed to convert $50,000 into other currencies annually though there are ways to skirt the regulation. That is about to change, with the Chinese government readying the launch of the Qualified Domestic Individual Investor Program, an overseas-investment scheme that would allow Chinese citizens to invest overseas directly. Those with at least $160,000 in financial assets qualify. The program is likely to launch this year and will bolster overseas real-estate purchases. Its possible we have only seen the tip of the iceberg of Chinese buyers in New York City.

Dale Bellis is truly a healthcare visionary. While others saw disaster after the passage of Obamacare, Dale saw opportunity. He reorganized his group's health cost sharing organization and Liberty HealthShare was born. Now there are over 25,000 people enrolled and it's growing rapidly. I am personally saving $950 per month in premiums alone, and that's before copayments and coinsurance. Dale is on a mission to change the way everyone thinks about their health and about how it gets paid for. Join him now. 

My recent trip to Argentina ended up with my passport being stolen and having to deal with the tourist police and the American Embassy. While it wasn't a fun episode, it made glad to return home to the good old US of A. The food was great and we had a great trip in spite of the negative event. 

We also discuss the advent of Liberty HealthShare and medical cost sharing, which is starting to sweep the country. And much more. 

Charles Nenner is one of the world's pre-eminent cylcle forecasters. We've been following him for years. Recently he called selling oil at $97 the barrel and we all know what happened next. He's seeing a market bottom within two weeks. Then the market will be in a trading range until 2017 and then it's Dow 5000. Forget about the world's banks and insurance. Your best bet is owning small apartments and homes. Precious metals have another down year ahead, but then will pick up. And those emerging markets, they've got a long while before they really emerge. Many more interesting insights from this market master. 

This Can't Be Happening Thursdays With Andrew Hoffman:

Collapsing silver and gold inventories

-coming end of COMEX

Exploding, near record silver demand

-coming 2008 shortage

FOMC meeting next week, and coming end of belief in Central banks

Commodity/currency crash ramifications

DEATH OF THE BRICS

-Brazil downgraded to junk

-China all-in on riggging, as economy collapses

Jason Hartman believes that when push comes to shove and stock markets around the globe start retreating, investors will go to the world's proven asset class, residential real estate. Everyone needs a roof over their heads and that means that residential real estate isn't a luxury, but rather a necessity. The risks are low if you know what you're doing, so eventually large numbers of investors will wind up here yet again. 

Susan Antilla of TheStreet.com exposed lax online security at Vanguard, the world's largest mutual fund company. It seems that they're not phased by the recent wave of hacks and data breaches that have beset many of the world's largest companies and banks. Like many large companies, hard security is just too much trouble, until the inevitable hack happens, in which case it will be too late. 

What's Not Imploding Now with Andrew Hoffman:

"manipulators last stand," as markets collapse (equities, commodities, currencies)

lunacy of 9/17 FOMC rate hike discussions

China! And rest of world economic collapse

podcast with Andy from Thursday re: vanishing silver supply

John writes, "Now it’s not just Europe where formerly-fringe candidates are suddenly vying for power. The US presidential primaries, which were supposed to be coronations for the latest Bush/Clinton snoozfest, have turned interesting and in some cases surreal, as Donald Trump, who a few short months ago was viewed as a kind of circus clown by most Republicans, and Bernie Sanders, an honest, straight-shooting avowed socialist, are drawing the biggest crowds and creating the most excitement. But far from being a surprise, this is exactly the kind of thing an over-indebted and therefore ungovernable society should expect."

Wayne Allyn Root, hot off his latest hit, The Power of Relentless, joined us to discuss why Donald Trump is the ultimate embodiment of the power of relentless. Fear of criticism, getting others upset and being perceived as not a nice person, has defeated more people than anything else imaginable. Not so The Donald, he sticks to his goals and lets nothing stand in his way, let along criticism from others. Relentlessness may very well carry him into the White House and it can do amazing things for you in your life if you apply it and live it!

Mark Dannenberg (http://www.optionsmoneymaker.com/) has been trading personally for over 30 years and has been teaching traders since 2006. After spending 26 years as a senior executive at ADP and hobby trading, Mark quit his job and converted his hobby into a business focused on helping people learn the Art of Trading. Mark helps people achieve financial liberation and lifestyle freedom through options trading.

Frank Candido and Michael Dehn have a vision for Golden Hope Mines. They believe they have taken the right steps and have assured a place for their company. They completely restructured their debt and are now ready to pursue opportunities in this beat-up industry. Times like these require the ability to survive and leave to fight another day. The Company is carefully conserving cash, has streamlined their capital structure and is well poised for the future. The only thing missing is higher metal prices, but they're able to wait.