Kerry Lutz's--Financial Survival Network

Bix joined us for another mind bending interview. It's coming, you can be certain of that. Just how much chaos is humanity capable of withstanding? We'll know the answer soon enough. Will it shift us all to a higher state of consciousness? We can only hope. Bix believes that it's probably going to happen after Trump is in inaugurated. Mnuchin, incoming Treasury Sec is just a sacrificial lamb. It's gonna get interesting real fast! Buckle you seat belts!

What's Happening Wednesdays with Andrew Hoffman:

Today's article, "2017, the Year of Money Printing"; 
Italian referendum ramifications;
ECB tomorrow, Fed next week;
Massive disparity in East/West physical prices, as demand surges;
Yesterday's article, "silver fundamentals versus the base metal bubble."

Danielle joined us for a discussion of the world's debt ills today. BMW was just slammed in Australia for the equivalent of predatory lending. In the US the trillion dollar college debt bubble is teetering. And US subprime auto lending isn't doing to well either. No doubt there's plenty of other debt bubbles just waiting their turn, or perhaps they'll all go at once. One thing is for certain, no one is addressing the problem and today's lax lending standards are just compounding the problem. At some point the debt edifice is going to come crashing down. 

Mark W. Shaw has just written his 25th book, The Reporter Who Knew Too Much. It deals with the mysterious death of investigative reporter Dorothy Kilgallen. She was hot on the trail of the JFK Assassination story, having interviewed Jack Ruby (Lee Harvey Oswald's Killer) twice. Then she turned up dead in her hotel room, the victim of an alcohol and drug overdose. However, new evidence shows that she had three different types of barbiturates in her blood stream. A cover-up seems apparent. Mark believes that it's time for the truth to come out. 

Mark Podolsky was trapped in a job he really hated. He was barely making ends meet and was fighting with his wife about the price of baby food. That was over a decade ago. Then he discovered land investing and everything has changed. 5000 deals later, now he's teaching others to do what he's done. It's easier than flipping houses, you don't have to worry about termites, tenants and toilets. Just find the property, buy it and sell it! It's that easy, if you know the right system. And now he's become the Loan Geek! It's an amazing story. 

Ned joined us today. The Trump rally has taken $100 off the price of gold. It's an irrational reaction to his election. He's not driving it down much more than that. The dollar's rally has probably has gone as far as it can. How much more can it possibly go? The ratio of gold to the S&P has hit a major low point. This isn't a time indicator, but rather a value indicator. At some point it will correct and correlate. The coming rate hike is baked into the price of gold so don't expect a major reaction on December 14, 2016 when the Fed meets. 

New bull market in agricultural commodities is coming. Average gain for ag commodities from their lows is 22%. A good indicator. Worth keeping an eye on. 

Noted financial advisor Jeffrey Small believes that the Trump Rally is real. The policies that he intends to put in place are already showing results in higher consumer confidence. Jeff expects this trend to continue after the inauguration. However, he sees the best investments in fixed income, fixed yield investments. While the economy may do better, it won't necessarily kick into high gear. Time to be safe rather than sorry. 

John notices that whenever anything happens that should kill the stock markets and increase the price of gold, the opposite happens. The Italians reject a pro-EU measure and the Euro goes up. Is there a method to this madness? Perhaps the Gods really are crazy. 

What is Doctor Copper trying to tell us? It was up 20% for the month. Energy rose as well with WTI up 5.4% and Henry Hub up 8.6%. Stock markets were all up with the exception of TSX.V and the Emerging Markets. The Russell 2000 led the way with an 11% gain. USD was up 3.1% and EU was down 3.4%. The dollar is king for now. Bitcoin was up again 6.4%. Uranium hit the skids down 5%. And finally, interests rates on the 10 year were way up to 2.37%, blame it all on Trump!