What's Happening Wednesdays with Andrew Hoffman:

European elections
Surging inflation
Flailing OPEC
Record PM demand, paper naked shorting
Historic financial bubbles
Technology rapidly destroying jobs
Exploding debt, everywhere!
Etc.

Direct download: Andy_Hoffman_15.Feb.17.mp3
Category:general -- posted at: 10:05am EST
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One of the Obama Admin's last parting shots was an attempt to take away the elderly's gun rights if they are simply unable to conduct their own financial affairs. If that's the litmus test for mental disability, then they have a whole lot of company. But now Congress is set to act and repeal this draconian measure under the Congressional Review Act (CRA), which gives them the authority to act on major regulations that are passed by governmental agencies. It can't come soon enough for those seniors wrongfully denied their Second Amendment rights. 

Direct download: John_R_Lott_14.Feb.17.mp3
Category:general -- posted at: 3:06pm EST
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Ivan Eland believes that banning immigration from certain Muslim countries won't make any of us safer and will only alienate our allies. The executive order was badly drafted and perhaps after revisions Trump will prevail. More importantly, what's up with ret. General Flynn, Trump and the Russians? Is there really a business connection that makes Trump vulnerable? Flynn is now history, is this the end of it all or is there more to come? And why can't the FBI and our intelligence agencies stop the attacks even when they know the identity of the future attackers, like they did on 9-11, the Boston Marathon Attack, the Fort Lauderdale Airport Attack, the Orlando Attack and San Bernadino? Why can't they stop it? Are they unable or unwilling? 

Direct download: Ivan_Eland_14.Feb.17.mp3
Category:general -- posted at: 3:02pm EST
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Americans are deep in the throes of a savings crisis, and the problem seems to be getting worse, not better. In 2015, a survey by GoBankingRates.com revealed that 62% of Americans had yet to amass $1,000 in savings. In 2016, that percentage climbed to 69%. Worse yet, the number of Americans with no savings at all jumped from 28% in 2015 to 34% in 2016. But that's not all. It's also estimated that one-third of Americans, many of whom are already in their 50s or older, have no retirement savings, either. And those who are saving aren't socking away enough.

According to a recent Transamerica study, the median amount saved for retirement among baby boomers -- those nearing retirement -- is just $147,000. It's not surprising, then, to learn that 60% of Baby Boomers are more afraid of running out of savings in retirement than dying.Even Gen Xers are far behind on their nest eggs despite having had access to retirement savings plans from the start of their careers. Transamerica reports that the median savings balance among Gen Xers is only $69,000. Meanwhile, only 12% are confident they'll manage to retire comfortably.

All of this might paint a pretty bleak picture, but there is some good news. If you follow one simple rule from this day on, you'll have a real opportunity to change your long-term financial picture: Pay yourself first.
Before you spend any money on bills, entertainment, or whatever other expenses come your way, put a portion of each paycheck into a savings account. If your emergency fund is lacking, complete it first. If you have enough short-term reserves, focus on retirement.

Ideally, you should aim to put 10% (or more) of each paycheck into savings, but if you can't hit that target just yet, do what you can. But no matter how little you sock away, make sure to save something before spending a dime. It's the only way to guarantee that you'll have money available when you really need it.

Get your priorities straight.Most of us know that it's important to save money in theory, but have a hard time doing so in practice. And it's understandable -- we all have bills to pay, and some of us are already working a second job just to get by.
But if you fail to follow this basic savings rule, you could easily get into trouble the moment an unexpected financial emergency strikes. Without ample savings, you may have no choice but to resort to debt if you lose your job or a whopper of a bill falls in your lap. Worse yet, you could even lose your vehicle or home. That's why it's important to stash three to six months' worth of living expenses in a savings account earmarked for emergency situations.

But it's not just emergencies you'll need money for. Once retirement rolls around, you'll face a world of expenses, from housing to healthcare, and if you don't save independently, you risk running out of money in your old age.
On the other hand, if you start prioritizing your nest egg, you stand a strong chance of retiring in comfort.

Direct download: Greg_Melia_13.Feb.17.mp3
Category:general -- posted at: 1:38pm EST
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The Reverend Jesse Lee Peterson is dedicated uniting Americans by telling the truth and showing people how to overcome anger through forgiveness. He shows how resentment affects politics, relationships, families, children, and the mind and thinking of virtually all people. His book "The Antidote: Healing America from the Poison of Hate, Blame and Victimhood" informs the spiritual issues behind the immigration war and has the power to alter the future of America. It's time to stop being a victim!

Direct download: Jesse_Lee_Peterson_13.Feb.17.mp3
Category:general -- posted at: 12:39pm EST
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Leave it to ZeroHedge to put things in perspective. It now takes the average worker over 100 hours to buy the S&P 500. Not that the average worker is buying into the stock market anyway. They're too busy with the real world and the real economy and trying to make ends meet. Which is why Trump is now President. And why Marine LePen is going to be leading France shortly and why we're heading for another economic crisis very shortly. So get ready and buckle your seat belt. 

Direct download: John_Rubino_13.Feb.17.mp3
Category:general -- posted at: 11:54am EST
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Crazy things are happening all over. Joe just released his new book Ramblings of a Right Wing, Bible Thumping, White Guy! Now a Cali Senator has admitted that half his family is here illegally and has used false documents and committed identity theft. Sounds like deportation begins at home. He wants to make California a sanctuary state. One can only wonder what's going to happen next. Nowadays you never know. 

 

Direct download: Joe_Messina_08.Feb.17.mp3
Category:general -- posted at: 3:00pm EST
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While the stock market has broken through the 20k technical barrier and there seems to be an air of Trumphoria, Andrew Zatlin believes that all that glitters is not Trump. There are some disturbing trends under the surface. While employment numbers might not be going down, there's no reason to expect them to go up meaningfully either. Retail is off and so are other sectors. In short, tough times are ahead. 

Direct download: Andrew_Zatlin_08.Feb.17.mp3
Category:general -- posted at: 2:19pm EST
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Now that the election is over Dr. Gerard Lameiro is optimistic over the Trump administration. He believes that Trump will take the actions necessary to put the economy back on a sound footing and to make America Great Again. There will be challenges as sometimes it seems that he's fighting the entire world, but that's to be expected as Trump is a disruptor and a transitional president. I guess we'll just have to see what happens next. 

Direct download: Gerard_Lameiro_08.Feb.17.mp3
Category:general -- posted at: 1:50pm EST
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What's Happening Wednesdays with Andrew Hoffman:

Today's must listen Audioblog, "name whatever's impossible..."

Unexpected Yuan devaluation - and Precious Metals/Bitcoin surge

Trump vs. the world, and America

Fraudulent OPEC deal on verge of collapse

Trumpflation meme dying

PMs approaching 200 DMAs

Upcoming catalysts - Yellen next week, Dutch elections, debt ceiling, etc.
2.5% 10 year yield - Nuff said!

Direct download: Andy_Hoffman_08.Feb.17.mp3
Category:general -- posted at: 9:45am EST
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Johnny Depp has made over $750 million during his storied career and yet now he's broke. But as any good American would do, he's suing his financial advisors. They've countered sued claiming that they've been warning him for years that his profligate spending would put him land him in the poorhouse. Looks like they were correct. While we're not shedding any tears for Johnny or Argentina, his tale of woe is instructive to all of us who have been living beyond our means for too long. It's an avoidable fate if you listen to Danielle and change your life accordingly.

Direct download: Danielle_Park_07.Feb.17.mp3
Category:general -- posted at: 3:04pm EST
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Mark Shaw came on the show the day his book was released in January of this year. His book reexamined the long forgotten suspicious death of journalist and star Dorothy Kilgallen. There were gaping holes in the investigation and she was likely murdered. Most interestingly, she was working on the JFK assassination and was writing a book that threatened to blow the lid off. She had twice interviewed Jack Ruby and apparently had the goods. Her manuscript was never found and neither were any notes. Now, the Manhattan District Attorney is reopening the case, so perhaps justice will finally be served.  

Direct download: Mark_Shaw_07.Feb.17.mp3
Category:general -- posted at: 2:32pm EST
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Nick Santiago saw the Trump victory long ago. He was short the markets on election night and couldn't quite unwind his position quickly enough. He sees the dollar going down a bit more but then regaining strength and going ever higher, larger due to the weakness of the Euro. Gold and silver will be going higher as well. Business conditions in the US will be improving due to Trump policies as well. Stock markets will continue to climbs as well. Let's see some much needed tax relief to complete the package. 

Direct download: Nick_Santiago_07.Feb.17.mp3
Category:general -- posted at: 1:56pm EST
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As Jordan expected, the Trump economic doctrine appears to be leading to higher interest rates and higher inflation. Therefore, you need to adjust your portfolio in anticipation of this outcome. Out with the bonds and fixed income investments. Real estate investing could get a real shot in the arm from the scaling back of Dodd-Frank. Other sectors of the economy could also get needed stimulus as well. Just understand what Trumponomics means for your investment portfolio. A weakening dollar is a real likelihood. 

Direct download: Jordan_Goodman_06.Feb.17.mp3
Category:general -- posted at: 2:08pm EST
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Gregor Gregersen is the Founder and CEO of Silver Bullion Pte Ltd and its subsidiary, the Safe House SG Pte Ltd. From Germany, he's lived all over Europe and US. He gets how the Western world has become dependent on money printing to fund otherwise unsustainable debts. It led him to seek permanent refuge in Singapore and to start Silver Bullion.

Gregor and his team ensure that all legal, jurisdictional, counter-party, insurance, authentication and physical security issues are addressed to provide bullion owners the world safest place to store silver and gold. That's his commitment to his clients and he's constantly striving to improve service and accountability. 

 

Direct download: Gregor_Gregersen_06.Feb.17.mp3
Category:general -- posted at: 2:05pm EST
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We've been working together with First Mining Finance since they started their acquisition plan. We never had any doubt that they were going to build a great company. Now President Patrick Donnelly brings us up to date on the latest developments. After acquiring 8 companies and 12 projects in less than a year, FFM isn't resting on its laurels. They've been doing some drilling at several sites and the initial results are quite encouraging. The idea is to show the potential to interested parties who will then take the ball and run with it. Pickle Crow was a working mine for 3 decades and still has plenty of gold as well as a mill. It's a great project for a mining company looking to get off the ground. Drilling is taking place elsewhere as well. And of course the company is always on the look out for promising acquisitions. While the stock price is well above its 52 week low, its also well below its 52 week high, which could mean that at around 81 cents Canadian, this is a great entry point for the next price run up. We'll have to see what the market has in store, but everything that President Trump is doing bodes well for precious metals. 

Direct download: Patrick_Donnelly_03.Feb.17.mp3
Category:general -- posted at: 3:27pm EST
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From recent FSN member feedback I realize that I've fallen into bad habits. I guess I'm not letting my guests speak enough. I've made a New Year's Resolution to cure this bad behavior. Seriously, I appreciate the criticism, we intended and am always looking to improve the show and my skills. If there's a guest you want me to invite on the show or anything we can do better, please let me know.

Next, we're getting workaholic government. Most of us would settle for government that just works, but with Trump in the Whitehouse, his group of executives are known for their outstanding work ethic. Most of them anyway. Let's see if their private sector skills can transfer over to the public sector. 

Finally, Trump's nominee for the Supreme Court, Judge Neil Gorsuch, seems extremely well qualified and completely unobjectionable. Leave it to the Dems to screw it all up. Do they really think they're gaining votes in the much needed rust belt by trying to obstruct his cabinet and his judge pick? Au contraire, this is going to destroy the party and insure that they won't get elected dog catcher. While they're at it, why not make anti-white anti-semite Keith Ellison party leader? Sounds like a great strategy for victory. 

Direct download: TLR_411.mp3
Category:general -- posted at: 4:09pm EST
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Stock markets hit new highs and pull back. Dollar hit new 14 year highs and pulled back. Precious metals all went up smartly and it looks to continue for a while. Copper is up big. Bitcoin up down up. Energy down slightly but Uranium hit bottom two months and looks to be starting a new bull market. Interesting times ahead.

Direct download: Mickey_Fulp_01.Feb.17.mp3
Category:general -- posted at: 8:00am EST
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Wayne Allyn Root is ecstatic. The liberals are in full meltdown mode. They don't understand Trump and they can't deal with him. They bring a pistol to the fight and Trump brings an anti-tank missile. No wonder they don't have a chance. Wayne's new show is going gang-busters in Vegas, soon to be spreading across the country. He was behind DJT from the beginning and it's paying off Bigly! He's half hoping that California breaks off from the union along with New York, Massachusetts, Illinois, Connecticut and a few other liberal states, we'd have heaven on earth. But don't count on it happening too soon, the libs would quickly run out of other people's money. And after all we are One Nation Under God!

Direct download: Wayne_Allyn_Root_02.Feb.17.mp3
Category:general -- posted at: 2:36pm EST
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6 in 10 Americans don't have $5000 in savings. Nearly six in 10 Americans don't have enough savings to cover a $500 or $1,000 unplanned expense, according to a new report from Bankrate. Only 41% of adults reported having enough in their savings account to cover a surprise bill of this magnitude. A little more than 20% said they would put it on a credit card, the report said, while 20% would cut their spending and 11% would turn to friends and family for financial assistance.


"This is a persistent American problem of how you should handle your finances and spending," said Jill Cornfield, retirement analyst for Bankrate. But at least the number has improved. Last year, only 37% of Americans reported having enough savings to cover an expense of $500 or more.

Millennials were the most financially prepared to handle monetary headwinds with 47% of those aged 18-29 saying they could dip into savings to cover an unplanned expense, a substantial increase from 33% in 2014. Personal finance experts tend to stress the importance of having an emergency fund to cover unanticipated expenses to avoid long-term financial damage.


"If you aren't set up to tap cash for something, it can derail you financially if you put it on credit card," said Cornfield. "The original expense can bloom because of interest." Almost half of the 1,003 adults surveyed reported they or a family member faced a major financial expenditure in the past year. "If you are human, have a pet, kids, a house or a place to live, something is going to happen that will cost you money," said Cornfield.

Direct download: Anthony_Saccaro_01.Feb.17.mp3
Category:general -- posted at: 12:07pm EST
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What's Happening Wednesdays with Andrew Hoffman:

The Terrifying, post-inauguration environment
End of the "strong dollar standard"
Imminent FrExit, GrExit
Collapsing economy, "saved" by fraudulent ADP report this morning
Today's must hear Audioblog, "All out trade and currency wars, and a shocking new world order!"

Direct download: Andy_Hoffman_01.Feb.17.mp3
Category:general -- posted at: 10:29am EST
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Hard to believe that Trump has been in office just 10 days. It's a whole new world. But what about his Treasury Secretary Mnuchin. He's Skull & Bones, Goldman through and through. His father was a Goldman director. Talk about someone from the belly of the beast. According to Bix he even ran the market rigging operation for the Vampire Squid. So why did Trump pick him? He had to know what the deal was. Was it just a matter of keeping your friends close and your enemies closer? Or is there more? Obviously you can't upset the entire monetary apple cart from day one, or then you'll really have pure chaos. Rather, things have to be done in stages. We're obviously in the first stage now. Trump is consolidating power. Once he's firmly in command his plan, whatever it maybe will start to unfold. Then we'll know if he's a good guy, or a not so good guy. Can't wait to find out. 

Direct download: Bix_Weir_31.Jan.17.mp3
Category:general -- posted at: 4:03pm EST
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Noah Kerner and Jennifer Barrett have come up with an ingenious app that helps Millennials save by rounding up their purchases and also kicking in a few bucks extra for affiliated merchants. A wise millennial can save $750 or more per annum in an ETF portfolio, which over time will really add up. I was so impressed by their innovativeness that I signed up myself, even though I'm a baby boomer. Hey, you can never save enough, right? 

Direct download: Noah__Jennifer_Acorns_31.Jan.17.mp3
Category:general -- posted at: 2:33pm EST
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Christopher Lochhead is co-author of Harper Collins’ best seller: Play Bigger: How Pirates, Dreamers, and Innovators Create and Dominate Markets and the co-host of the new Legends and Losers podcast. He also coaches CEOs and exec teams in category design and marketing from time to time. We discuss what the recent tech winners have in common and why entrepreneurism has taken a hit in the US recently, but why it's coming back now. 

 

Direct download: Christopher_Lochhead_31.Jan.17.mp3
Category:general -- posted at: 1:44pm EST
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Dow Hits 20,000 for the first time The Dow Jones Industrial Average last Wednesday hit the psychologically significant threshold of 20,000 in intraday trade, representing a milestone for the blue-chip gauge and highlighting a relatively speedy path higher for the stock market in the wake of Donald Trump’s election win in November.

The Dow DJIA, +0.49% is up about 9% since Trump’s Nov. 8 election victory, the S&P 500 index SPX, +0.47% has gained nearly 7%, while the Nasdaq Composite IndexCOMP, +0.65% has advanced roughly 8% during that period.

The equity rally is supported by expectations that Trump will unleash a raft of pro-business policies, including a rollback of regulations, tax cuts and fiscal spending. It remains to be seen if the Dow will close at 20,000. The gains for the Dow on Wednesday came after Trump signed executive orders on Tuesday to move forward with the construction of controversial infrastructure projects, Keystone XL and the Dakota Access pipelines, which offered a boost to stocks as it supported expectations that a ramp up in infrastructure spending—a boon for economic growth—would be one of the centerpieces of his administration.

Direct download: Eddie_Ghabour_30.Jan.17.mp3
Category:general -- posted at: 3:15pm EST
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