Kerry Lutz's--Financial Survival Network (general)

FBI WARNS OF FOREIGN ELECTION INTERFERENCE 

Government agencies say this evening that Iran and Russia have taken actions to influence public opinion in the run up to the U-S presidential election.

The director of National Intelligence says some voter registration information was obtained by both countries while they believe Iran has sent out emails designed to intimidate voters.

But it appears that Facebook and Twitter are far more dangerous. Their behavior is the exact thing that happened in Venezuela. Failing to cover the Biden corruption stories, which detail legendary corruption by the Biden Crime Family, could be construed as an act of treason.

Long term politicians can't help but be criminals in their careers. Some states are worse than others, but Delaware has always been corruption central. 

Trump's release of transcripts during the Ukrainian brought Barisma to the public's attention and paved the way for the Biden Scandal. 

FBI refusal to pursue the laptop was completely corrupt. Wray is a passive leader and he clearly has no control. The FBI had it and he had an obligation to disclose it to AG Barr. 

The censorship backlash created a firestorm and are now going to be held to account. The debate truly did air the dirty laundry. It was truly a turning point. Anyone watching had to know that Trump was the winner. 

Now on to the election. 

Go back to summer of 2017. The German Bundesbank announced a 2020 deadline to repatriate all of their overseas gold. This was followed by a number of other European Countries. They appeared to be in a rush. At this point CB’s were net sellers of gold. In 2018 the CB’s became buyers. In 2019 Basel 3 came into play, reclassifying Gold as a Tier 1 asset on bank balance sheets. On the Comex there is a designation of “others” all of whom are standing for delivery. Highly unusual. One week ago we see the IMF calling for a new Bretton Woods. The Great Reset meeting is coming in Davos. Federal Reserve issues new rules to protect against the collapse of large banks. The call for a new system is here. We are entering a period of time where we must ask how much longer will the dollar last. We’re approaching the end.

We could see Election Day chaos. If ransomware gets into any of the swing state’s computer system, the results could be disastrous. Every cyber security expert is focused on the election and are not sleeping soundly. If access to voter data get restricted via ransomeware, it will cast doubt into the election results or even worse. Many swing states in the last election were won by less than one percent. Microsoft and the DHS worked together to shut down a botnet recently. The network was spewing out malware and capturing peoples’s data on a mass scale. The election system across the country is composed of thousands of different systems of various age and quality. It’s documented and that information is available to hackers and other bad actors. This enables Russia and China to target vulnerabilities and possibly sabotage the results. Should this happen, we might need a do over. Back to paper ballots? It’s all about planning. Has the government planned adequately. You need to plan ahead. Just think of paper towel and toilet papers shortages that we saw from Covid, on steroids. Prepare, prepare, prepare…

Junior Miner Junky's David Erfle joined us for a precious metals market review. David is seeing a repeat performance of the 2016 election pattern in precious metals. Be prepared to be underwhelmed by the movement. He's seeing more of a pullback, possibly down to the 1750-1800 level. Gold is like Natgas, just when you think you have it figured out, that's when everything goes to hell. Right now, the stocks are lagging the metals and this is the opposite of what you want to see for higher metals prices. But  there is hope, David believes that when this consolidation is over, we'll seen even higher metals prices and possibly record high prices. Sometime after the election when things get back to normal.

1. 1. Markets down big on the back of 2nd European Covid Wave. Markets are down 2.5 % except for Nasdaq 1.7%, S&P 500 down over 2%. Hospitalizations are up. Caution going into the election. All election induced. How long with the post-election chaos last for? Probably the most divided time for our country since the Civil War. Hopefully people will wake up. Biden’s campaign is flagging. He’s unintelligible. He’s been on the take for decades. The laptop disclosures have been shocking. Word is getting out, despite efforts to supress the story. Trump supporter caravans are breaking out all over. 5th Avenue in New York.

    

   2. Anti-covid riots cropping up all over Europe. People are done with this. They want to get on with their lives. Will they be able to lockdown everything again. 

    

   3.Earnings are coming but they are taking a back seat to the election and Covid. Highest number of reports coming this week. SAP, huge German company getting absolutely slaughtered, down 24%. 

    

   4. Election outcome, you can speculate on your own. 

    

   5. Gold is up slightly. Silver down about 1%.

Might not be a stimulus bill before the election, which means before January. Major economic disruption if so... let’s go through some of the things that would happen.The game is still ongoing and there’s a number for how low the stock market goes until they see reason. 

It’s earnings season, and the biggest bright spot will be the gold miners. Record number of Zombie companies who’s interest expenses are greater than their profits. Stimulus is coming. 

Commercial real estate is tanking: NYC hotel occupancy rates now around 10%, San Fran office vacancies surge, apartment rents plunge.

The real story of the Biden laptop is the censorship by Twitter and Facebook (and WaPo)

Post-election violence is baked in the cake. 

http://www.financialsurvivalnetwork.com/2020/10/escape-from-new-york-and-blue-cities-while-theres-still-time/

Gordon T. Long joined us for a very insightful look at the markets and precious metals. Gordon is super-bullish on gold and silver. Based upon what's happening in the US and abroad he sees a very bullish movement ahead. Stocks may keep on going up as a result of all the liquidity that the Fed keeps pumping into the market and we will see this strategy continuing onward indefinitely. In the end, this is what will see precious metals go ever higher. So get ready!

Election day is coming, and with it more civil unrest seems extremely likely. The New York Police Department is preparing for it. A close friend who’s a NY City Seargant has been told she’ll be working 12 hour shifts and must be on call 24/7. The New York Post has been reporting on a major exodus from the City in anticipation of the event (see here). It’s clear that NY’s governor (#KillerCuomo) and the City’s mayor (#ComradediBlasio) will do little, if anything to stop the impending riots. Heck, they’ve welcome the riots with open arms and couldn’t be more thrilled. Comrades daughter was even arrested while attacking the police. Where was the National Guard and NYC’s mounted police when they were needed most? This scenario is likely to be repeated in cities, large and small, throughout the nation. Of course Blue cities and states provide a more conducive environment to civil unrest than Red Cities and States, but no place will be exempt. During the summer riots, many Red cities in Texas, Florida, Alabama, Oklahoma and elsewhere were briefly the site of looting and rioting. Red Governors acted quickly to restore order, but the damage was done. As it becomes more and more likely, at least in my opinion, that President Trump will be re-elected, the potential for violence increases exponentially. This violence is leftist inspired and both supported and encouraged by the wealthy globalists. It has been pre-planned and orchestrated, just like during the summer. If you think there’s any validity to the suspicions above, than now is the time to prepare. You must plan and practice, so if and when the actual event occurs, you’ll be less likely to panic and make potentially grave errors. If possible, it’s advisable to flee cities where the highest levels of violence occurred during the summer, Portland, Seattle, New York, Philadelphia, Cleveland, Washington DC, etc. If you can’t get out, then be prepared. An ample supply of food (14 dqys), water, household goods, first aid and pharmaceuticals, medical products and some cash, would be the minimum required to ride out the storm. Self-defense items should be obtained, trained on and ample ammo should be acquired. You should analize your daily patterns to insure that you can avoid potential hotspots and places where violence is most likely to be centered. Police stations, city halls, retail shops are all likely to be targets. You should avoid going out at night and avoid routes in your car that could be subject to blockage. If you wind up in the middle of a violent crowd while in your vehicle, do not under any circumstances stop moving or flee your vehicle. A moving target is always harder to attack than a stationary one. Try to slowy move through the crowd, but if you’re attacked, do not hesitate to floor the acceleartor and get out of danger. Your life and those of your family mean nothing to these people. Next week, I plan to never leave my home unarmed. Whatever your means of self-defense, plan to have it on your person until at least one week after the election. We’re dealing with an organized and determined plot to destroy the country. The interesting part is that the country has been doing its best to self-immolate for decades. If the left had simply waited patiently, eventually they would have had their way. But now, they’ve antagonized and outraged the normies. And the normies are not going to sit around waiting to be attacked or eliminated. Remember forewarned is forearmed. Hopefully, I’m all wrong and none of this comes to pass. But based upon recent history, it’s certainly wise to prepare and plan. And that’s all I’m asking you to do.

Christian Allen the Founder and CEO of the strategic planning firm Money Insights. His team specializes in helping clients understand and implement alternative wealth-building strategies centered around life insurance (and not the type of life insurance you get when you go to your local agent). He’s passionate about making it easier for his clients to build and protect their wealth, and he is here today to share some insight into his strategies.

• What makes Christian’s core strategies, The Investment Optimizer and The Retirement Accelerator, so impactful? 

• How to invest the same dollar in two different places at the same time 

• The four stages of the Money Insights Method: Discovery and education, Strategic design, Implementation, and Collaboration 

While the economy continues to go down hill, stock markets and real estate have been going gangbusters. The flood of money has created winners and losers. Income that was previously spent on travel is going into savings and other purchases. The Chinese travel market has stopped further hitting the international tourist market. People are being more cautious in spending their money. Used car sales have been on the rise.  

A lot the bankruptcies that we have seen are companies that were struggling badly even before Covid. Look at JCPenny – when is the last time they made a profit – a really meager gain in 2017, but other than that huge losses back as far as the eye can see. Finally folded in May 2020. This is more of an act of mercy than anything else. Ascena is another example, the parent of Ann Taylor and Dressbarn. These are all brands that had been struggling.

Selection of Retail Bankruptcies in 2020

·         Century 21 

·         Stein Mart 

·         Tailored Brands 

·         Lord & Taylor 

·         Ascena 

·         The Paper Store 

·         RTW Retailwinds 

·         Muji USA 

·         Sur La Table 

·         Brooks Brothers 

·         G-Star Raw 

·         Lucky Brand 

·         GNC 

·         Tuesday Morning 

·         Centric Brands 

·         J.C. Penney 

·         Stage Stores 

·         Aldo 

·         Neiman Marcus 

·         J. Crew 

·         Roots USA 

·         True Religion 

·         Modell's Sporting Goods 

·         Art Van Furniture 

·         Bluestem Brands 

·         Pier 1 

·         SFP Franchise Corp 

The largest US retailers are getting bigger, and their latest quarter figures are very encouraging in terms of revenue growth:

2.  What about gold? Is it out for the count? Gold has been pushed forward by uncertainty and reached a high point in early August at just over $2,000/oz. This has been a phenomenal run from one year ago, when the metal was trading at only $1,500/oz. It has retrenched somewhat since August and is at just under $1,900/oz now. A couple of factors speak in gold’s favour-monetary policy is likely to remain very loose and investors afraid of price inflation will be drawn to gold. However, gold has also been a safe haven in times of political uncertainty, and this presidential election has the opportunity to offer that in spades, which I do not think is reflected in the price of gold currently. It looks like we may well have a contested election result, and the legal fighting back and forth we saw in 2000 between Gore and Bush is likely to be a walk in the park compared to the upheaval we will see with a hung election in a few weeks.

I sat down with Bill Powers (Mining Stock Education) and Keven Drover CEO of Aurcana Silver Corp., (sponsor) which owns arguably the world’s highest-grade silver mine in Colorado. All permits are in place. With the announcement of a secured a debt facility to cover costs needed to achieve production, the final hurdle to production has been cleared. Drover believes it can happen in as little as six month. A lesser known part of the story is the exploration upside. Initially they'll be mining a relatively small portion of their land package. Assuming that favorable silver prices stay with us, and this mine could be producing for many years to come. And that could mean big gains for those who got in early. 

(Disclosure we are shareholders)

The U.S. dollar has joined other major currencies in a race to zero value as central banks are failing, unable to preserve purchasing power in fiat currency that has lost 100% of its value since the U.S. went completely off of the gold standard under President Nixon in 1971. The U.S. dollar, along with other major currencies around the globe, has lost over 90 percent of its value since 1971. The sad truth in this same time frame, U.S. national debt has on the average doubled every 8 years since Reagan assumed the presidency in 1981. Even more alarming, the Congressional Budget Organization (CBO) published a study last month that reported the national debt will rise to nearly twice the U.S. total economic output in 2050, an increase from less than 80 percent since last year. The last thing you want to do is give politicians a printing press, it's a surefire prescription for disaster. 

A note about the election. We discussed the latest October surprise with drug addicted Hunter Biden's notebook and all the damning information contained therein. Complete with details of the Biden Crime Family, direct pay-offs to the Vice President and his family members. This is why the Mafia whacks drug addicted members because they can't be trusted and might rat them out to the Feds. Fortunately for Hunter, politics is a little bit different. 

One of our favorite guests, Dr. Steve Turley came on to give us the latest election update. Seems that rumors of Trump's demise could be greatly exaggerated. There's a number of things taking place that virtually insure his  reelection. From primary vote tallies, to emerging Biden crime family scandals, to a number of other relevant issues, it's beginning to look a lot like a major Trump blow-out. And there's nothing that can stop it. 

Chris Craddock shares with us where to find real estate investor partners and how his team builds relationships with rehabbers and wholesalers. He explains how to get investor referrals and how to turn trash into cash and earn outsized returns. Chris provides insight on positioning yourself as a problem-solver, and how to leverage investor referrals! Whether you're a real estate agent or a real estate investor, Chris's methods can really help you succeed in the coming distressed asset boom market. 

On electoral votes Trump should win again. Turnout will be at least 55% or even 61%. The model has never been wrong. It also shows that this election will be the most corrupt election in history, with Big Tech conspiracies and mail fraud and who knows? It may take 2 weeks to know who actually won. Hard to say because it’s so rigged and they are so desperate to toss out Trump, in furtherance of their international agenda. 

Biden’s crime family is doing what all political crime families in DC do. This is how the corruption takes place. It’s not just Biden, it’s all of Congress. Report your income and that of your spouse but not the rest of the family, like son Hunter and brother James. 

Martin believes that a 2/3 majority should be required to change tax and economic policy. Shouldn’t be taxing worldwide income. This why companies move, to avoid confiscatory taxation. 

Long term pandemic economic affect, according to Martin the economy won’t bottom until 2022. All man made and unecessary. Masks are useless. In France get caught 3 times and go to prison. Clearly there’s another agenda at work here. According to a memo that Martin has seen, the lockdowns have been a success and they’re going to use them to help implement Climate Change policy. What does the WHO have to do with Climate Change and why are they involved? 

Socialists, climate change people and eungencists all working together to force their agenda upon the world. Digital currency may be coming to Europe 1/1/2021. They want to get a piece of every transaction in the world. 

What do Joe SixPack and Steve Chardonnay do? Normally there would be a two year correction, but this time is different. A blue wave will be awful for the markets and the economy. If Trump wins the stock market goes up due to capital flight from the rest of the world. Capital is running around the world looking for safe haven. The market can go up and peak in 13 years. Between 2022 and 2024, commodities will be rising. Bad weather and commodities cycle, caused by a shortages. Economically we’re down in 2022. From there scarcity driven markets. Major political change in 2022. 

California is on the way down. They’re having rolling blackouts and they’re passing EV mandates for 2034. Totally irrational. Part of the lockdown has been to stop people from driving and ending the work commute. 

Unemployment globally has exceeded 300 million. Why have politicians signed on to the agenda. Monetary crisis and sovereign debt crisis coming together in 2021. Zero and negative interest rates have failed. They can’t raise rates because that will crash the economies. Perpetual bonds are in the offing. Responsible people in governments all over the world are quitting. The monetary system can not go on in its current form much longer. Europe and Japan have destroyed their bond markets. They can’t sell it any more. 

Civil unrest after the electio will a major increase after the election. What started as BLM has been usurped by anarchists. All of it is designed to overthrow our democracy. This is what they’re pushing for. In order to do climate change it mush go through the UN. Biden is fully on board. 

World Economic Conference December 4 & 5. https://www.armstrongeconomics.com/conferences/. Join us!

WHAT FINANCIAL NEWS IS REAL? 

THIS…

Investors Turn Skeptical of Democratic ‘Blue Wave’ Victory in U.S. Elections

OR THIS?

US INVESTORS PIVOT TO “BLUE WAVE” AS ODDS FAVOR BIDEN

FINANCIAL MEDIA ANALYST: Dan Ferris, is the Editor of the Extreme Value, a monthly investment advisory that focuses on some of the safest and yet most profitable stocks in the market. His is also the host of the Stansberry Investor Hour podcast.
 
The constant media narrative of what investors are doing for X reason is really a huge fraud. The financial media is as broken as the rest of it, and feels the need to establish a fake urgency to get eyeballs.  So they wind up being like sports commentators, opining on what's happening this minute... then this minute... ad infinitum.  

Too much financial media is to investors what narcotics are to the human body: feels good for a minute but long run it's poison.  

Hunter Biden saga (laptop, incriminating emails and pics, Twitter banning everyone in sight). Quote from Bannon: If the FBI had acted on this when it first got the laptop Bernie Sanders would be the Dems' nominee"

How can there be a recovery if the new unemployment claims are still elevated and stimulus checks have stopped coming? The math doesn’t seem to work.

Rick Rule says gold mining stocks are overbought

Will gold seasonality matter this time around in light of pandemic, election, etc?

www.zerohedge.com/medical/uk-bans-sex-risk-couples  In UK, people in hard hit areas who are dating but don’t live together are banned from indoor sex (outdoor should be okay).

Only 11 percent of student loan borrowers are still making their payments during Covid. Click here...

Ivan Bebek joined us to provide an update on the completed Auryn Resources transaction (sponsor). Here's how it worked. Auryn acquired Eastmain Resources and became Fury Gold Mines. At the same time it spun off its Peruvian assets into two new companies, Sombrero Resources and Tier One Metals.

Shareholders of Auryn (on the record date) now own 1 share in each of the 3 new companies. Fury began trading last week. Sombrero and Tier One will begin trading in early 2021. Valuation is tentative, because Sombrero and Tier One are currently private companies and for now have no market listings. (Due to US tax considerations). Several analysts are following the company and have issued price targets as high as $5 per share for Fury alone, well above it's current price. 

Not to worry. All the companies are well capitalized and moving quickly ahead with their business plans. Fury has a fully funded 50,000 meter drill program soon to commence. Ivan is quite confident that the program will yield big results and this should mean big profits to shareholders. News will be flowing shortly. 

Once the Peruvian companies start trading, the true value of the transaction will become apparent to all. It's a case of the parts being worth far more than the whole. As shareholders, we couldn't be happier with the way things are progressing. 

www.FuryGoldMines.com 

www.sombreroresources.com 

www.tieronemetals.com

Ticker Symbol on the NYSE and TSX - FURY

You are truly on your own. Medical supplies, stock up on OTC Meds and Prescription Meds. Food and water should be acquired now before it’s too late. Guns and ammo are in short supply. It’s probably easiest to obtain a 12 guage shotgun. Vehicle tactics 101 just start moving through the crowd slowly. If assaults start, speed up and survive. Always leave yourself a way out. Look for driveable terrain. SUV’s are better for this than regular cars. It’s fight or flight, your first instinct should always be flight. You need to get out of Dodge. 

First take a tactical medical course. Learn how to care for the injured. Then a tactical pistol course. How to actually react in these threatening situations. Do a lot of gun handling drills and shooting drills with a non-threatening Blue practice gun. And practice.

When driving always check your route and make sure you’re equipped for anything when you leave the house. Unless there’s a credible threat, be prepared and live your life the best you can. 

According to Mish, the market has followed the exact pattern she was anticipating. Election outcome won’t have a major impact upon on the market. Covid vax is weighing upon the market. Fires are raging but it’s not affecting the market, yet. Is Robinhood a bad thing with young traders pumping their stimulus checks into the market? It’s kind of like the old days where traders ran from pit to pit following the latest trend. Understand one really big lesson, no matter how good things look, with burgeoning debt and stimulus, there could be a bubble. The market doesn’t always come back. Every investment you make should be started with how much of a loss you can stand. Before using options, you need to understand them. Write her at  mish@marketguage.com

It's amazing how Americans and people around the world accept the same line of garbage; the cure to the economic crisis is actually the disease. Ever escalating debt is what got us into this mess in the first place. And as usual, the powers that be solution is ever more debt at an ever accelerating pace. Does that even remotely make any sense?

Intractable inflation, a bond death spiral, constant monetization will eventually result in Fed not being able money to print our way out of it. Right now, Apple’s 10 year bonds yield is below the 10 year Treasury. Jerome Powell wants higher inflation, perhaps double digit and with the cooperation of the Congress and the President he will get it. Paying people to lay fallow and not produce is clearly not the path to prosperity. And that's where we find ourselves now. 

We spoke with Republican Liberty Caucus head Matt Nye. If enthusiasm is any indicator then it's Trump all the way. He's got every major power group working against him, big tech, the media, the swamp and yet he carries on, against all odds. Will 2020 be a carbon copy of 2016? What are your thoughts?

 Avery is the CEO and founder of the Short Term Shop, a real estate team that helps investors acquire short term rental properties in the most recession-resistant markets, and trains them on the methods that led her out of the corporate rat race and into financial freedom. Avery would love to share how she turned her first property into a million-dollar business! Avery gives the things to look for in a property and the things to avoid. Airbnb's that can survive a pandemic

Gold Terra Corp's CFO, Mark T. Brown joined us for an update on Gold Terra’s Yellowknife project (sponsor). After raising C$7 million in a recent oversubscribed capital raise, the company is aggressively moving forward. Mark is the right person at the right time, as he formerly oversaw finances at Miramar Mining for the highly profitable adjacent Yellowknife Con Mine.

Drill results have been delayed due to COVID and increased mining activity, but will be out shortly. The Company is extremely optimistic about them. CEO Gerald Panneton of Detour Gold fame, said "...this project is more exciting than Detour Lake." And considering that Detour was acquired by Kirkland Lake for nearly $5 billion, that means a lot. With all this going for it, Gold Terra is certainly worth a look. 

www.GoldTerraCorp.com

Ticker Symbols:  OTC - YGTFF  TSX.V - YGT

From October 30th to November 3rd, the market is likely to be done. If the market goes to the highest levels then it’s time to short. Calling Trump to win even after Covid. Gold will be climbing no matter who wins come November and December. Right now markets are rallying, if they take out their highs, it’s time to short. Pre-Covid it almost certain Trump would win. In any case, cash, gold and silver are preferred. Time to protect your assets. Covid will be over in the coming year. Oil will be up next year $40-$50 a barrel. The next 20 years will see decentralized living. Entertainment is going to be big in the coming year. Safety and security is looking up. Healthcare is up after the election. Computer tech is already high, but China’s coming ills could affect the Apples of the world. China is in for a very challenging time. Expect them to be bellicose and belligerent.