Kerry Lutz's--Financial Survival Network

We sat down with Shane Williams, CEO of West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG), for a significant update on the company’s journey to production and cash flow. Here's what we learned:

 🔑 Upcoming Production Milestone West Red Lake Gold is set to restart its high-grade Madsen Mine in mid-2025, positioning itself as one of the few Canadian gold projects entering production during a period of rising gold prices. With potential gold prices reaching $3,000/oz, the timing couldn’t be better.

💡 Key Developments & Exploration Success Significant progress on capital projects, including the innovative connection drift to unify operations for efficiency and exploration. Exciting exploration results from the Upper 8 Zone, showcasing high-grade intersects (21+ g/t) that promise to add value to the mine’s overall grade of 7–11 g/t. The company is targeting annual production of 70,000 ounces at an AISC of $1,400/oz, offering a near 50% profit margin at current gold prices. Shane believes that the market has not yet factored this into the company's share price.

Click here to go to WRLG's site and receive notifications of the latest developments on the company's path to production. 

**Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.

Kerry Lutz and John Rubino analyzed the recent election, expressing relief over the absence of civil unrest and discussing the potential for significant policy changes under Trump's leadership. They emphasized the need to address government inefficiencies and cut corporate welfare, while also highlighting the looming financial crisis driven by high government debt. Rubino suggested that the administration's approach to this crisis will be crucial for defining Trump's next term, and they explored the possibility of a currency reset and a return to a gold standard as a viable solution. The discussion also touched on the state of healthcare in the U.S., with Rubino criticizing the food and pharmaceutical industries for contributing to poor health outcomes and advocating for scientific investigation into rising health issues.

The conversation shifted to social media dynamics, with Lutz noting Elon Musk's impact on Twitter's ideological balance and Rubino mentioning the rise of Blue Sky amidst censorship challenges. They discussed the implications of Trump's political influence on social media moderation and the potential revival of the impoundment power to selectively withhold federal spending. Lutz and Rubino also explored the relationship between diet, exercise, and healthcare costs, advocating for a focus on preventive measures and nutrition education to improve public health.

They concluded by discussing Trump's monetary strategies, suggesting that a shift in approach could stabilize the dollar and prevent its weaponization, while Lutz announced his upcoming book on Martin Armstrong's insights and their platform's growth ambitions.

Read Johns work here: Rubino.Substack.com

Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe

Jefferson shared his journey in real estate investing, highlighting his initial accidental purchase of a rental property and his current average cash flow of $4,000 per month from his portfolio. He has shifted from single-family homes to multifamily properties, emphasizing the advantages of lower maintenance costs and reduced risk. His investment strategy involves creative financing and a strong focus on cash flow analysis. Additionally, Jefferson recommended house hacking as a viable option for new investors to lower living expenses while generating income.

Find Jefferson here: https://americanhomeconcepts.com

Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe

Cliff Nonnenmacher shared his entrepreneurial journey, detailing his transition from managing a portfolio at Morgan Stanley to investing in a remanufacturing company for toner cartridges. He discussed his experiences in franchising, scaling 36 units, and focusing on turning around failing businesses in Florida, highlighting the importance of discipline and due diligence in investing. Cliff now runs a consulting firm, Frenocity, to assist investors in navigating franchise opportunities, while also criticizing corporate culture and diversity initiatives for contributing to workforce dissatisfaction.

The discussion then focused on the significance of experience and training in aviation, with Cliff using the example of successful emergency landings to emphasize the need for reliable metrics. Kerry Lutz supported this by referencing a seasoned pilot, discussing the evolution of training quality. They agreed on the importance of learning from past experiences to achieve success across various fields, including franchising. Cliff outlined essential considerations for potential franchisees, such as proof of concept and alignment with personal skills.

Cliff expressed concerns about the impact of artificial intelligence on industries like accounting and legal services, predicting challenges for businesses relying on third-party call centers. He advocated for local home service providers as stable investments and shared a personal success story involving AI in a legal process. Kerry discussed his transition to using AI tools for podcast production, highlighting the cost efficiency and productivity benefits, while both acknowledged the transformative potential of AI in their respective fields.

The conversation also covered societal issues, including the lack of practical skills among young people and the need for vocational education. Cliff and Kerry identified four key investment categories, including physical trades and the aging population, and discussed the biohacking industry. Cliff provided insights into his client demographics, emphasizing the financial capacity of clients looking to invest in franchises. 

Find Cliff here: https://franocity.com 

Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe

Kerry Lutz and Steve Selengut discussed income independence coaching, emphasizing the importance of minimizing financial risk and diversifying investments. Steve outlined his investment philosophy, advocating for a portfolio strategy that includes high-quality investments and active management to capitalize on profit opportunities. He provided insights into closed-end funds, highlighting their income-generating potential, typical distribution rates around 10%, and the necessity for thorough research.

Dan Novaes, CEO of Immobile, expressed a positive forecast for Bitcoin, predicting it could reach $100K by year-end due to strong market trends and institutional interest, despite current retracement. He emphasized Ethereum's importance in the crypto ecosystem, noting its role in powering stablecoins and its growth potential as market liquidity increases. The need for regulatory clarity in the U.S. was highlighted to create a safer investment environment and address scams.

Kerry Lutz hosted Dr. Thierry Malleret to discuss his novel "Deaths at Davos," a geopolitical thriller that explores themes of geopolitical risk and environmental sustainability through the lens of a fictional Ukrainian protagonist promoting her Reconstruct Ukraine fund at the World Economic Forum. Malleret clarified that while the book draws inspiration from his experiences at the Forum, it does not directly represent it and addressed conspiracy theories by emphasizing the Forum's role as a networking hub for global leaders rather than a site for secretive decision-making.

The conversation shifted to the art of storytelling, with both Lutz and Malleret highlighting its importance in human nature and investment contexts, while also noting the challenges authors face in gaining recognition.

Kerry Lutz and Lark Davis discussed the recent surge in Bitcoin's price, which reached a new record of $85,000, attributing this increase to the Bitcoin halving that has reduced miner production and created a supply-demand imbalance, alongside significant purchases by Wall Street. They emphasized the emotional nature of Bitcoin trading, advising investors to act swiftly during market peaks while noting that buying during bear markets is more forgiving. The conversation also highlighted the cryptocurrency market's over 100% growth year-to-date, with a shift in interest towards newer coins and meme coins, despite the majority being scams.

Kerry Lutz and Jerry Robinson engaged in a comprehensive discussion reflecting on their experiences in the financial sector since 2010, while analyzing the current political landscape and its implications for investment strategies. Robinson cautioned against emotional reactions to political changes, advocating for a disciplined approach to investment that prioritizes long-term strategies over short-term political outcomes. They both acknowledged that while some market sectors may benefit from a new administration, fundamental investment principles remain constant, regardless of political shifts.

Kerry Lutz and Michael Arries engaged in a multifaceted discussion covering the recent election, economic trends, and government spending. They expressed surprise at the absence of post-election disputes, noting that the markets had anticipated a different outcome, which resulted in rising stock prices and falling metal prices. Despite this, Lutz humorously critiqued the idea that economic issues like inflation and debt have been resolved, while both agreed that the decline in gold and silver prices is likely a temporary phenomenon within a broader upward trend. They also highlighted the persistent fundamental economic problems, emphasizing the need for drastic measures to address government spending and national debt, including the potential sale of federal real estate.

In this interview, Kerry Lutz and Michael Pento delve into the pressing economic issues facing the U.S., covering everything from inflation to government spending. They break down how persistent inflation, a lack of liquidity in the bond market, and unchecked government spending are creating a potentially explosive financial situation. Pento criticizes the Federal Reserve's recent rate cuts despite high inflation, suggesting this decision favors Treasury solvency over middle-class stability. He warns that ongoing spending, regardless of political leadership, could lead to a bond market crisis and rising interest rates.

The conversation also highlights concerns about manipulated economic data and the vulnerability of the middle class, where wealth concentration in the top quintile could spark social unrest. Pento and Lutz discuss the broader impact of government policies, touching on controversial topics like potential food bans and Big Pharma’s influence on public health. They advocate for a return to the gold standard as a way to stabilize the economy and emphasize that true growth comes from productivity and innovation, not artificial interventions. 

The speakers conclude with a call to reduce the Federal Reserve’s control over the economy, proposing a shift toward market-driven authority to promote genuine economic freedom. This engaging discussion underlines the urgent need for reform to safeguard the financial well-being of the country. 

Find Michael here: https://PentoPort.com

Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe

Ryan Sudeck discussed his company's innovative strategy for tackling the affordable housing crisis by converting distressed motels into residential units, successfully expanding their portfolio from 1,100 to 2,500 units and planning to undertake 10 to 12 projects annually. He highlighted the challenges posed by zoning regulations, particularly in markets like Kissimmee, Florida, while noting supportive legislative changes in states like Washington. Sudeck emphasized the positive outcomes of their projects, such as crime reduction in areas like Tacoma's Hosmer district, and expressed confidence in their model's potential to alleviate the affordable housing shortage. Also, outlined the current real estate market challenges, including a decline in new developers due to high inflation and costs, and explained how their firm can outbid traditional hoteliers for properties.

Find Ryan here: https://sageinvestment.com 

Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe

We talked with show sponsor Shawn Khunkhun, CEO of Dolly Varden Silver (🇺🇸DOLLF -- 🇨🇦DV), about the company’s remarkable progress and the ongoing success of their exploration projects in British Columbia’s Golden Triangle. Khunkhun shares insights into Dolly Varden’s recent drilling results, which have consistently exceeded expectations and positioned the company as a leader in high-grade silver and silver-gold mineralization.

The discussion dives into Dolly Varden’s growth strategy, including the acquisition of the Homestake property and how this area has yielded some of the highest grades in the region, drawing comparisons to other successful mines like Newmont’s Brucejack.

The recent drill results have been exceptional, demonstrating both high-grade silver and gold mineralization. It found wide silver-rich intervals, with grades increasing at depth. Intercepts reached 1,000 grams per ton of silver. It found over an ounce per ton gold with multiple meter intervals suggesting high expansion potential. Khunkhun explains the challenges and excitement of setting high benchmarks each year, as Dolly Varden continues to unearth silver and gold deposits with increasing grade and continuity.

With C$34 million in the bank and impressive drilling results, Dolly Varden is fully funded for the upcoming exploration season.

We also reviewed the increasing demand for silver, fueled by its dual role as an industrial metal and a precious metal investment. Tight supply, declining production rates, and heightened interest from major investors, suggest a much high price is coming for silver.

As the silver market gains momentum, Khunkhun shares his belief in the potential for triple-digit silver prices, driven by increased demand in areas like solar technology and electric vehicles. With half of their drill results yet to be published, Dolly Varden’s future looks bright, as the company continues to uncover rich silver and gold resources, positioning itself as a major score to investors.

Visit the company’s website https://DollyVardenSilver.com

***Disclaimer This interview is sponsored by Dolly Varden Silver, and Financial Survival Network has received payment to conduct this interview. The information provided in this video is intended for informational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. While we strive to ensure the accuracy of the information presented, we make no guarantees or representations as to its completeness, accuracy, or reliability. Viewers are strongly advised to conduct their own research, carefully review the information presented, and consult with professional investment advisors and financial counselors before making any investment decisions. The insights shared in this video are based on the perspectives and opinions of the interview participants and should be used at your own risk.

Kerry Lutz and Ryan McCormick emphasized the importance of effective crisis communication in mitigating reputational damage from false allegations, highlighting the need for swift and strategic responses to serious accusations to avoid long-term harm. McCormick illustrated his points with real-life examples, advocating for a calm, factual approach rather than emotional reactions, which can exacerbate crises. He outlined strategies for identifying potential crises, such as monitoring employee sentiment and social media activity, and stressed the necessity of having a crisis communications plan and legal team in place.

Kerry Lutz and Martin Armstrong engaged in a comprehensive discussion analyzing the recent political landscape, particularly focusing on the implications of the recent election and the broader socio-economic context. Armstrong highlighted his prediction of Trump's victory based on economic models, criticizing the left's failure to accept the results due to their reliance on criminal charges against Trump. He drew historical parallels to significant events like the Great Depression and the fall of the Berlin Wall, warning of a potential collapse of socialism in the West and expressing concern over the psychological state of current political leaders.

Financial expert David Stryzewski, guided by Kerry Lutz, provided insights into the market's positive response to recent election results, particularly highlighting the stock and crypto markets' uptick. Stryzewski contrasted the economic strategies of the two candidates, expressing optimism about a potential shift under Trump's leadership while simultaneously voicing concerns about the escalating national debt and geopolitical tensions. He suggested that Trump's team, composed of wealthy individuals, might offer innovative solutions to these pressing issues, especially regarding peace negotiations. The discussion emphasized the critical need for the new administration to tackle the nation's financial and political challenges effectively.

Kerry Lutz hosted Thomas J. DiLorenzo to discuss the implications of China's economic strategies, as outlined in DiLorenzo's book, "Casino Economy." DiLorenzo expressed concerns that China's monetary injections are aimed at creating temporary economic booms, which often lead to significant downturns. Both speakers emphasized that such strategies prioritize short-term political gains over sustainable economic stability, arguing that true prosperity arises from saving, investing, and productive work rather than financialization. They also explored the potential for substantial cuts to the U.S. economy through the elimination of redundant government agencies, including proposals to abolish the income tax to foster a more prosperous society.

Kerry Lutz hosted Bill Walton for a discussion centered on the upcoming election and the current economic landscape, with Walton expressing optimism about Trump's potential return to office. He highlighted concerns among Democrats as indicative of possible shifts in political dynamics and advocated for significant policy changes, including the elimination of the income tax to enhance personal privacy and reduce government interference. Walton emphasized the role of tariffs in revitalizing American businesses and suggested a combination of tariffs and a national sales tax as a viable strategy. They also critiqued the proliferation of federal agencies, arguing that many are redundant and impede business growth, while referencing successful regulatory reductions from the Trump administration as a model for future reforms.

Kerry Lutz engaged in discussions with Moshe Popack and Dave Aizer about the current state and future prospects of Florida's real estate market, highlighting the challenges and opportunities arising from the post-COVID landscape. Popack reflected on his experiences during the foreclosure crisis and noted the struggles within commercial real estate, while expressing optimism due to the influx of new residents and the demand for office space from Fortune 500 companies. Aizer addressed the issues facing malls, advocating for innovative repurposing strategies under Florida's Live Local Act, which could transform abandoned properties into residential and community spaces.

Kerry Lutz welcomes Peter Dembicki, CEO of Tier One Silver ((🇺🇸TSLVF -- 🇨🇦TSLV) for an update on the company’s latest exploration progress and the potential for significant silver discoveries. Peter shares important results from recent channel sampling, including the discovery of nearly 9,000 grams per tonne of silver, over four grams of gold and the presence of arsenic—indicating promising precious metal deposits below the surface.

Peter provides insight into Tier One Silver’s aggressive exploration in Peru, where they’re targeting a massive, untapped silver deposit. He explains the geological significance of recent findings and the 500 meters of elevation where their best intercepts may lie.

Peter and Kerry discuss the current state of the silver market, with silver prices on the rise and poised for a potential surge. Peter anticipates silver catching up to gold's recent performance, driving investor interest in silver exploration and mining companies. Tier One Silver’s Future: With silver gaining momentum, Peter outlines the company’s plans to resume drilling and why their property’s unique elevation and geological factors offer tremendous upside potential. He emphasizes the company’s readiness to capitalize on market shifts once they secure the necessary capital. We own shares.

Company Website: https://TierOneSilver.com

During the meeting led by Kerry Lutz, Ed Sidell provided an analysis of the current economic landscape, highlighting the disparity between strong GDP figures and negative public sentiment driven by inflation from government spending, which has reached $6.75 trillion in fiscal year 2024. Concerns were raised about the national debt potentially reaching $36 trillion by election day, alongside a discussion of Trump's proposal to eliminate federal income tax, which Sidell deemed feasible if accompanied by a VAT, and the potential benefits of reducing the business tax from 21% to 15% to stimulate growth. The conversation also touched on market trends in anticipation of the upcoming election, with indications that the market may be pricing in a Trump victory, and concerns about inflation's impact on bond yields.

Kerry Lutz and Chris Markowski engaged in a comprehensive discussion about the current political and economic climate, highlighting concerns over rising bond yields and skepticism regarding China's economic stability, particularly its real estate challenges and ineffective stimulus measures. Markowski criticized the recent 50 basis point rate cut as unjustified, pointing out the alarming national debt situation where interest payments dominate the federal budget. He expressed worries about the commercial real estate market, suggesting it is in a worse state than during the Great Recession, and criticized the government's "extend and pretend" approach to debt management. The conversation also touched on taxation, with Markowski advocating for a national sales tax over income tax, emphasizing the need for a repeal of the income tax to avoid complications.

Find Chris here: watchdogonwallstreet.com

Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and Andrew Ragusa engaged in a comprehensive discussion about the New York real estate market, focusing on the effects of rising mortgage payments and inflation on home prices, noting that homes are selling for unexpectedly high prices despite needing repairs, as buyers are becoming less selective. Lutz expressed skepticism regarding the government's ability to effectively address these challenges, while Ragusa underscored the importance of property ownership amidst these difficulties. They also observed a trend of individuals returning to urban areas due to employer demands, which is influencing market dynamics.

Kerry Lutz and David Erfle engaged in a detailed discussion about the recent positive trends in the gold and silver markets, highlighting significant price movements and market dynamics. Silver has notably surpassed the $32.50 resistance level, reaching $35, while gold prices have also seen substantial gains. Erfle pointed out that miners are consolidating in a bullish flag pattern, breaking through key resistance levels, which has rekindled interest from retail investors after a decade of decline.

Kerry Lutz engaged with Dr. Jonathan Newman from the Mises Institute to discuss the organization's commitment to promoting Austrian economics and individual liberty. Jonathan articulated that the Mises Institute serves as an educational platform advocating for free market principles while critiquing government intervention in economic affairs. He emphasized that Austrian economics is rooted in the analysis of individual actions and market dynamics, which leads to a preference for minimal government involvement.