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

Summary:
I invite James Locke on the show to discuss 2023 in regard to the markets: where are the markets and interest rates headed, and will it be a happy new year for investors? James emphasizes that market behavior will ultimately rely on the Federal Reserve. Amongst other uncertainties, we should keep an eye out for predictability, which reduces volatility in any case. The war in Russia will have a major impact on energy and food—an unforeseen obstacle prior to last year. The US seems to be ahead of the curve on a number of important things, but it not immune to the shift in the global economy. Tune in to hear tips for investing that take into consideration what’s to come in 2023.

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Financial Survival Network
Poole Locke Associates

Summary:
In this episode, Craig Hemke and I review some predictions he made in 2022, using these outcomes as a guideline for the year ahead. The Fed is going to have to decide if they want to continue to hike rates, and with history as a trustworthy guide, Craig suggests that we have seen this narrative before. A pivot is to be expected later in the year, and negative reports will ultimately cause the Federal Reserve to cut rates. Will they have any credibility left by the end of the year? Tune in to find out what’s to come.

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Financial Survival Network
TF Metals Report

Summary:
Is traditional investing serving you, or is it time to search for alternative approaches? Robert Napolitano comes on the show to discuss what he learned from the ’08 crash, and how he re-structured his investing strategies to align with the modern financial economy. Following in his parents’ footsteps, Robert got into real estate investing about 20 years back, which was smooth sailing until the economy took a turn for the worse. Robert realized that all along he had neglected to prepare for a possible downturn, and this made him re-think his approach to investing. After filing for bankruptcy, attending law school, starting a family, and finally returning to the business, Robert now possesses critical insight that is worth hearing. Tune in to learn about re-evaluating your investing methods for success in today’s economy.

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Financial Survival Network
Capturing Tomorrow
brilliant@capturetomorrow.com

Summary:
To kick off the new year, John Rubino and I sit down and chat about expectations for 2023—specifically in regard to the state of the economy. One of the Fed branches announced that we are in a recession, which is a fair assessment given all of the recessionary indicators that can be observed. We’ve been seeing slowed growth for quite some time now, and should expect to see even more of decline going forward. The Fed is ultimately going to have to keep tightening until something (in this case, large cap stocks) breaks, and they will eventually be forced to ease again. Tune in for more insight and predictions from myself and John.

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Financial Survival Network
John Rubino Substack

Summary:
Looking for a shortcut into real estate investing? Peter Vekselman comes on the show to talk about how to enter the real estate business—and the best part is that you don’t have to do it alone. Peter’s company, Partner Driven, is made up of knowledgable real estate partners that provide coaching and support throughout the investing process and help you secure funds. It’s a great way to get into real estate investing with guidance from individuals that understand the industry and can help you navigate deals. Tune in to learn more.

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Financial Survival Network
Partner Driven

Summary:
If you’re a wage earner or small business owner looking to enhance your career in 2023, you won’t want to miss this episode. Global CFO Council’s President and Founder, Robert Bendetti, appears in this episode to provide strategies that will open up a multitude of career opportunities. Robert stresses the importance of networking; he emphasizes that 99% of your success comes from talking to friends, family, and business contacts—expressing your interest in new business opportunities. He also mentions numerous online resources that provide direct leads to open positions, such as the Inc. 5000 Fastest-Growing Private Companies in America. Tune in for more useful networking tips and career resources.

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Financial Survival Network
Global CFO Council

Summary:
With the start of 2023, it’s time to start thinking about the year ahead. Is there a way to make money this year? If not, is there a way to hold on to what you already have? Jerry Fetta comes on the show to talk about how you can continue to make money in times of rampant inflation and heightened interest rates. It’s more costly to borrow money at the moment, so it’s wise to focus on investments that will not be easily impacted by interest rates. Furthermore, Jerry advises individuals to increase their active income. This does not necessarily imply adding income streams into the equation; rather, consolidation and taking advantage of what you already have are the keys to success. Tune in for more valuable insight.

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Financial Survival Network
Wealth DynamX

Summary:
One of the predominant topics on Financial Survival Network is the importance of street smarts. We’re always looking for ways to grow this knowledge, and John and Rock Positano come on the show to share some of their insight with us. Their latest book, Street Smart: The Primer for Success in the New World, is a guide to spotting, seizing, and exploiting a lucky break. They talk about their early life in Brooklyn, and share some life experiences that allowed them to learn and grow. Street smarts—according to John and Rock—are vital to being a valuable and involved citizen, so be sure to tune into this episode to learn more.

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Financial Survival Network
Street Smart: The Primer for Success in the New World

Summary:
Tough times are ahead as we approach the new year. Should we expect a white collar recession, or is the recession going to hit all parts of the economy equally? Eddie Yoon appears in this episode to discuss which industries are being impacted the most by the current economic conditions. Looking at employment, enormous cuts have been made in the realm of corporate staff. Recent instances of mass layoffs have demonstrated that management roles—especially those managing knowledge workers—are being omitted and will be at major risk in 2023. Thus, as corporations eliminate middle men, it looks as if we are truly entering the age of the solo-preneur. Tune in to this episode to find out what’s to come.

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Financial Survival Network
Eddie Would Grow
Eddie Yoon Twitter

Summary:
If you’ve given up on the stock market, it might be time to think again. Global portfolio manager and author Darrin Erickson comes on the show to discuss the financial opportunities still available, with special attention towards investing for the long term. Luckily, the contractionary market phase we are in creates opportunities, and Darrin identifies some key indicators of businesses that will yield strong results. Industries to keep an eye on include essential goods, some emerging markets, and various companies with attractive dividends. Furthermore, Darrin provides useful tips for investing in foreign companies, and factors to consider when deciding which move is right for you. Tune in for great insight and tips.

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Financial Survival Network
Global Investing: A Practical Guide to the World's Best Financial Opportunities

Summary:
What’s in store when the holiday season is over? We’re fairly certain it’s a recession, and John Rubino appears in this episode to talk about what we can expect in 2023. The near future of the economy isn’t something to get too excited about; we’ve had negative growth for decades, paving the way for a currency collapse as the end result. John and I discuss the bad stats across the board—especially in consideration of interest rates—as well as recent leadership shifts that have left us questioning what the future holds. Tune in for more insight.

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Financial Survival Network
Dollar Collapse

Summary:
Drew Pelton makes a guest appearance in this episode to discuss the Fed’s posturing, what to expect down the road, and how to position yourself in order to soften the blow of their next moves. When we analyze inflation overall, the percentage has come down a bit, but we are still at a whopping 7%. Even more worrisome is Jerome Powell’s talk of tightening, which is not what will motivate the economy at this point in time. With these things in mind, where should you put your money? Drew describes some investing strategies you can implement during these times—advising people to assess their conservativeness, the percentage of money they’re willing to put in the stock market, and individual predictions. Tune in for more useful insight from Drew on making educated investments.

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Financial Survival Network
Drew Pelton

Summary:
Darryl Schoon comes on the show to highlight some of the points from his latest book, Docking at the Mothership: Notes on Going Home. Darryl was able to predict the economic crash a year before it happened, reflecting on the Fed’s decision to raise interest rates in 2006. Darryl watches these trends closely to develop his philosophy, and explains how a credit based structure largely determines the state economy. Will our financial system recover? Tune in to find out, and check out Darryl’s book using the link below.

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Financial Survival Network
Docking at the Mothership

We received a sponsor update from Fury Gold Mines' (TSX/NYSE American: FURY) from CEO Tim Clark and Exploration SVP Bryan Atkinson, and it was a big one. Fury drilled 13.5 meters of 8.05 G/T Gold at the Percival Project. The grade went as high as 25.8 G/T at 3 meters. These outstanding results virtually insure that the company will grow substantially and shareholders such as us will profit greatly.

Clark mentioned that the company's Dolly Varden Silver shares have been performing well as of late and are now worth over CAD $50 million. The company is sitting on $10 million in cash, which means Fury has an enterprise value of just CAD$9 million. A paltry valuation like this for a junior with all of Fury's attributes seems to defy reason.

Atkinson observed that Fury still has 13 other high-grade targets at Percival and is marching quickly ahead on the Newmont joint venture project as well. Now it's just a matter of pinpointing the most promising targets.

We suspected that great news would be forthcoming from Fury, but we had no idea how positive it would be. With the backing of Newmont and Agnico Eagle, through their equity positions, Fury represents the best in breed of a challenged junior mining sector. No doubt, 2023 will be a major turning point for Fury and the sector as a whole, and we're looking forward to being part of it, while sharing in the upside potential.

Company Website: www.FuryGoldMines.com

Summary:
Will gold finally have its day? Junior stock mining analyst David Erfle comes on the show to discuss what’s happening to gold with regard to the markets and global economy. All numbers that are coming out point to a recession, and the stock market is beginning to roll over. As people realize that the central banks do not have a handle on the situation, heads are starting to turn towards the precious metals. David talks about the future of the sector, with chances for appreciation and big returns in quality juniors. Tune in to hear more about the prosperous year in store for this sector, and what to expect in 2023.

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Financial Survival Network
Junior Miner Junky

Summary:
Murray Sabrin comes on this episode of Financial Survival Network to provide some expert libertarian perspective. Murray’s chief aim is to educate as many people as possible about economics, identifying teaching as one of the major highlights of his career. We discuss how an understanding of economics influences daily decisions—such as protecting oneself from inflation as a consumer. Furthermore, we talk about the prevalence of technology and its implications for authoritarian government tendencies. Tune in to hear more of Murray’s enlightening economic perspective.

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Financial Survival Network
Murray Sabrian Substack

Summary:
It’s mid-December and Bitcoin is trading upwards of $18k. Cryptocurrency is gaining popularity and, if you are curious about how and why it works, then you will definitely want to tune in to this episode. I sit down and chat with Chuck Palm, the author of Demystifying Cryptocurrency, and we discuss his motivations for educating others on cryptocurrency as well as his personal view on crypto. Chuck addresses questions of stability, longevity, and acceptance of cryptocurrency within the global economy, as well as its overall utility. Tune in for more insight.

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Financial Survival Network
Demystifying Cryptocurrency Book

Summary:
In turbulent economic circumstances, we’ve been asking one question: why is today’s inflation so different from the inflation back in the 1980s? David Stockman comes on the show to provide some direct perspective; as Ronald Reagan’s budget director and a former Michigan congressman, he pinpoints some of the factors that make our modern situation inherently different. Some of the contributors include bad policy, outsourcing a large share of the industrial economy, and the Fed misinterpreting data for decades. All of these things have led up to the monetization of debt, which traps us within a vicious cycle. Where does it end? Tune in to hear David’s thoughts on how this all happened and how we’ll (hopefully) get out of it.

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Financial Survival Network
The Great Money Bubble: Protect Yourself from the Coming Inflation Storm

Summary:
Now is the time to be the most vigilant and think ahead about how you secure your personal data. Security expert Bryant Tow comes on the show to inform us about this. Oftentimes, people go as long as 100 days without knowing that an account of theirs has been hacked. How does this happen? Bryant explains the difference between open and closed operating systems and the risks to be aware of, but adequate cyber safety boils down to understanding what phishing looks like, looking for security measures (i.e. Captcha), and avoiding password reuse. Tune in for more insight from Bryant on how to protect your data.

Highlights:
-How do you know if you’re being hacked? It can take over a hundred days to even realize that you’ve been hacked
-Most adversaries establish command and control, and patch the vulnerability so that it will no longer show up in a scan but remain in your system
-The Mac OS is closed, meaning you have to go through the company to get your application out on their store
-Android is open, so anyone can develop an application. Adversaries are more likely to target these devices because it is easier
-Bryant talks about the importance of empowering users rather than treating them as the weakest link
-Even if all technical aspects are perfect, half of the attack surface is still open
-Technology can only function as well as your process. We have to build a culture of security and make it something that people think about on a day to day basis
-Bryant’s business offers training for phishing awareness—measuring how susceptible individuals are to phishing tactics
-Bryant discusses several types of phishing methods used by adversaries
-The most common hacking method is achieved through password reuse
-Online shopping sites report that 60% of people will abandon their cart if their are no security measures on the site (i.e. captcha)

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Financial Survival Network
bryant.tow@leapfrogservices.com

Summary:
Where has all the silver gone? Andy Schectman comes on the show to talk about what’s happening in precious metals, specifically regarding the decrease in inventory. This is happening both in the COMEX and the London Metals Exchange, and inventory is down almost four million ounces for the week. 673 tons have been shipped out of the COMEX this year—the highest yearly total since 1967—and liquidity is being stripped away as a result. Andy recommends starting to accumulate gold and silver now to set yourself up for future investments, expenses, and the unexpected.

Highlights:
-Where has all the silver gone?
-This is happening in the COMEX and the London Metals Exchange. The inventory is down almost 4 million ounces for the week
-We’ve lost 100 million ounces in 18 months that have been delivered away from COMEX, which strips away their liquidity from an industrial perspective
-We’ve seen 673 tons shipped out of the COMEX—which is higher than any yearly total since 1967
-Metals are moving eastward, and not coming back
-For the
-Gold has risen by $200 in the last few months and the commercial banks that typically short it have not joined in
-Andy believes the banks have set a trap
-The best thing to do right now is get out of debt as much as possible, and to prepare yourself for the future
-Own silver because it is the most under-valued commodity right now, and will offer protection
-Andy suggests 1oz of gold and silver coins that are widely accepted as a starting point

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Financial Survival Network
Miles Franklin
info@milesfranklin.com

Summary:
Looking for your next investment opportunity? Whether you live within or outside Canada, there is a Canadian based investment opportunity with high potential for profit, and Matthew Ablakan comes on the show to inform us about it. Matthew exhibited an entrepreneurial spirit growing up, and bought his first pre-construction property at just 19 years old. This launched him into a full time career as an entrepreneur, and he created the Millennial’s Choice Group to assist clients with real estate, mortgages, insurance, and education. Although interest rates are rising in the U.S. and Canada, Matthew highlights the profitability of investing in pre-construction properties in Ontario, especially given that interest can be written off. Listen in to hear more about the business that Matthew has built, and to learn how he is generating cash flow from every unit.

Highlights:
-There is a deal available for Americans looking to invest in a Canadian product that has high potential for profit
-Matthew was very entrepreneurial as a teenager. He attended university to study law, and bought his first pre-construction condo at 19 years old
-Matthew recommends a backwards approach, bringing an education-based strategy to sales
-US interest rates and Canadian interest rates are going up. Will this impact sales? With the way that the tax structure is set up, you write off your interest as an investor.
-In Ontario, a lot of land is under the conservation authority—meaning it cannot be developed.
-The cost of construction keeps rising, and Ontario has invested millions of dollars towards new trades, and will be welcoming more immigrants in the next few years. Big developers are holding out to launch projects. This still limits supply, and it’s best to position yourself now
-All of Matthews expenses are being paid, and he is still generating cash flow from every unit

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Financial Survival Network
Millennial's Choice
Free E-book

Summary:
The stock market may be going up, but we’re worried about the Fed making a misstep. Dave Scranton comes on the show to unpack the current interest rate situation, explaining why they shot up sporadically and what needs to happen going forward. Ultimately, the Fed started this process too late and reacted too drastically, resulting in an undesirable outcome for everyone. Dave suggests that we need congressional support, with business friendly and pro supply chain policies to properly manage inflation. Tune in for more insight, and for expert advice on how to protect your finances in the meantime.

Highlights:
-They’re not getting a lot of legislative help in regard to managing inflation, and their only available tool is raising rates
-What will happen if the Fed arises 75 basis points? The markets will react negatively, because we’re starting to see inflation getting more tame. Ultimately, the Fed started late and reacted too drastically
-We need Congressional support. With inflation, we can squash down demand, but this could kill the economy before it kills inflation
-This situation requires smart policies coming out of D.C. that are business friendly and pro supply chain
-Dave likes to focus on what we can control within our personal finances. Plan for everything up until the catastrophic worst
-Evaluate what you can do/provide that people actually need
-The only way to protect yourself is to put your money into things that generate enough money and dividends so that you are not worried about daily principal fluctuations

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Financial Survival Network
Sound Income Group

Summary:
Understanding the economy is a lot easier than you think, and Howard Yaruss comes on this episode to prove it. His newest book, Understandable Economics, fosters a comprehensive understanding of the spectrum of markets—outlining clear justifications for government intervention and the creation and allocation of goods/services. Rather than labelling some markets ‘free’ and others ‘controlled,’ it is more helpful to explore the degrees to which each market utilizes both characteristics. Tune in to hear us discuss the most useful fundamentals of the economy, and be sure to check out Howard’s book for a fruitful source of concepts and explanations.

Highlights:
-Howard Yaruss discusses his new book, Understandable Economics
-Howard is an attorney, author, business man, and professor at NYU
-Howard believes that economics is not readily understandable because it is frequently not taught correctly. You may leave an economics course with even more confusion about how the economy works
-Economics is not a science; it’s about producing and dividing up all of the goods and services that govern our world
-His book is not economics for dummies; rather, it is an effort to explain economics as it should be explained
-Markets exist on a spectrum. Every nation has some government control—even North Korea has some element of free markets
-Free markets are like a highway. They are a great system of transportation, but if there were no rules, they wouldn’t work.
-There should always be a clear justification for government intervention, but when they overreach, they create a negative view of the government
-People need to get involved and understand what is going on in the economy, and Howard’s book contributes to this.
-If the market isn’t working, then it is acceptable for the government to get involved in funding the progress of innovations like EVs.
-You can’t dictate a transition just because the market isn’t ready for it yet. It’s important to let the markets work it out
-A lot of people believe that the government is the spender of last resorts
-We shouldn’t be for or against regulation. It’s all about coming to an agreement on what regulations are necessary and helpful

Useful Links:
Financial Survival Network
Understandable Economics

Summary:
I invite Russell Stone on the show to talk about what’s really happening with the employment numbers, because the data put out is often manipulated—failing to account for several criteria. Although it seems that jobs have gone up, Russell suggests that this could be attributed to old jobs resurfacing rather than organic growth. Furthermore, we discuss the underlying problem of the US dollar, which is that we are backed by credit that is eventually going to run out. For more insight and tips for how to prepare for the bumpy ride ahead, be sure to tune in to this episode.

Highlights:
-You can’t always take what you’re given from government sources because there is a lot of manipulation within these numbers
-No one talks about the birth to death ratio, which alters the job numbers quite a bit
-The trend over the last three months has been stagnant
-Are these new jobs being created, or old jobs that people were laid off from? Russell believes it might be the latter option rather than organic growth
-Wages went up 5.1%, but the real inflation number is close to 15%
-They used to include fuel, food, energy, and housing when calculating inflation, but they no longer account for these factors.
-History tells us that we’re ready for a large correction
-There is no easy solution for this, and we should prepare ourselves for a bottom
-The production value of oil is ten times greater than any other commodity
-Countries are pulling away from purchasing our oil because of the fear that we can’t support our dollar
-We have to change the way we interact globally, which is going to come at the price of the dollar
-You can’t run the world on debt, and the governments can’t beat the economy
-Russell tells his clients to put a percentage of their money into silver
-Silver has the greatest upside over gold
-Stay away from the markets until they reach the bottom. Focus on cash-flow investments right now, and the things that are bringing you money
-Check the ratings of your banks and insurance companies to make sure that you’re prepared for what’s to come

Useful Links:
Financial Survival Network
Scranton Financial Group

Summary:
What’s in store for inflation and the markets? Charles Nenner comes on the show to discuss some financial charts and explain how cycles work. We’re in an inflationary cycle that could go on for the greater part of a decade, and we can expect low inflation until February of next year. This cycle correlates with the prices of things like food and energy, and will determine how the Fed feels at any given moment. Tune in for more analytical insight from Charles.

Highlights:
-We’re in an inflationary cycle that could go on for quite a while—as long as a decade
-We can expect low inflation until February of next year
-This cycle is going to correlate with food prices and energy prices
-Understanding these cycles makes investing more low risk because you can determine when it’s going up/down
-Is the Fed going to be strict? It depends on how we feel at the moment, and cycles determine these feelings
-Energy prices are headed lower until the end of the year
-We are in the thick of the war cycle, and we have a new one coming in the middle of next year
-There is a dominant hundred year cycle tied to war

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Download Charts discussed
Financial Survival Network
Charles Nenner