Kerry Lutz's--Financial Survival Network

We review Michael Connelly's, the master detective novelist, latest effort The Drop, another Harry Bosch novel. Michael has been writing detective novels for twenty years. His portrayal of Harry Bosch, the rebellious, brilliant and tough as nails LAPD Homicide Detective is always riveting. When Bosch is on the scent, he will leave no stone unturned to find the responsible party and see that they wind up spending the rest of their life behind bars or six feet under.

Connelly works with many LAPD insiders in painting a scene of police politics and intrigue, that Bosch is somehow always able to surmount and solve the case,  despite unwarranted interference and meddling from the Brass. Harry's credo is "Everyone counts or nobody counts." Murder victims from the lowliest element of society to the upper echelons of the ruling class receive Harry's undivided attention and unrestrained efforts to close the case. And no one stands in Harry's way.

Whether you get the audio book or the printed edition, Bosch novels always keep you at the edge of your seat and the endings are always unpredictable.

Please send your questions to kl@kerrylutz.com or call us at 347-460-LUTZ.

Millionaire taxes wind up costing everyone more. Jay Hancock of the Baltimore Sun cannot understand why the State of Maryland is rapidly becoming devoid of the dreaded Millionaire. He can't fathom why a little thing like a 25% increase in Millionaire income taxes could possibly encourage wealthy citizens to flee the State for more Millionaire friendly climes. And Hancock is part of the problem. He, like his state's leadership, doesn't understand that self-employed high networth citizens are fleeing high tax jurisdictions all over the country.

California, New York, New Jersey, Massachussets, Connecticut, Rhode Island, Illinois are all seeing these people depart for friendlier low/no income tax states such as Texas, Florida, Tennesse, Washington State and New Hampshire. Whatever your preference for climate, location or quality of life, there's a lower tax state inviting you to flee. It will evenutally get to the point where the only people left in these high tax states will be those who can't get out.

In the past decade, lower taxing states have far outgrown high tax states, both in population and economic performance. The last state to impose an income tax, Connecticut, has seen job growth fall to dead last of the 50 states. There must be a reason!

Please send your questions to kl@kerrylutz.com or call us at 347-460-LUTZ.

David A. Banister of www.ActiveTradingPartners.com and www.TheMarketTrendForecast.com  joins us for a lively discussion on why gold and silver are now as low as they're ever going to be, and why it's a good time to buy--for many reasons. David is a student of history and understands that while bubbles come and go, the market is the market. One of his favorite titles is Extraordinary Popular Delusions and the Madness of Crowds,  first written by Chalres Mckay in 1841.

David uses a number of different technical analytical methods, but they are all firmly grounded in fundamental reality. Most importantly, David has called virtually all of the major market trend points during gold's lengthy bull market. He's calling for $2300 gold very shortly, which has the main stream financial outlets in a frenzy.

We discuss the new meme on the mainstream financial media outlets, which is the so-called Risk Trade. As someone who's been in the markets for many years, there's no such thing as a trade that doesn't come with some measure of risk. Right now, there are people who consider being invested in cash and bonds as among the riskiest trades out there.

Please send your questions to kl@kerrylutz.com or call us at 347-460-LUTZ.