Kerry Lutz's--Financial Survival Network

The days of mining diamonds from the Earth may soon be coming to an end. There's a lab in Singapore that actually grows investment grade diamonds in their laboratory. And they can't be told from their natural brethren. Will diamonds become so plentiful that they become worthless, or will they be able to keep the lid on the production and keep supplies limited. TJ believes they can and will. What do you think? 

Well known Wall Street Journal Editorial Board member has written a new book about the Fracking revolution. A war has been taking place in the US and around the world. Fracking, whereby previously unobtainable oil is now produced in amazing quantities has revolutionized energy production. However, there's a segment of the country that believes that Green Energy is the way to go. Unfortunately, at the present time it's just not viable. That's why all of Obama's Green Initiatives have failed miserably. What's next? The world's appetite for energy is increasing, although more slowly as a result of the poor economy. But eventually the US will be a major energy exporter and Stephen Moore believes it's the best thing for the US and the economy.

Greece is cooked. They're getting their payments stretched out and deferred nearly into the next century. But where's the growth going to come from. Greece is in a full scale depression. Austerity is killing Greece, 10k businesses shut down so far this year and 250k since the crisis started. And have you seen Venezuela lately. Lines to get everything, people going Mad Max to eat. What's a socialist to do? Answer, look to free markets and true capitalism. 

Where's it all going Wednesdays with Andrew Hoffman:

China devalues Yuan below August lows last night

Ongoing economic deterioration worldwide, and now currencies declining anew

Major upcoming events:  June 2nd OPEC meeting, June 15th FOMC meeting, June 23rd BrExit Referendum, etc.