Kerry Lutz's--Financial Survival Network

Another Wednesday with Andrew Hoffman:

All-time high Bitcoin!

-2X hard fork 11/15

-CME announces Bitcoin futures contract

-“crypto-dividends” galore

-exploding Bitcoin dominance, as alt/ICO bubble deflates

-Inflation enveloping the Earth

                - my latest CryptoGoldCentral.com blogpost               

-Try a free 7-day trial subscription!

In his new book, The False Promise of Big Government:
How Washington Helps the Rich and Hurts the Poor Patrick Garry changes the debate by debunking progressives’ favorite myth about big government

The federal debt recently topped $20 trillion. So much for “the era of big government is over,” a statement famously made by a Democratic president two decades ago. What happened? Why has the crusade against big government failed? Because the advocates of limited government are making the wrong arguments.

Professor Garry shows why, and also reveals the right argument against big government. Progressives have created a massive and intrusive federal government by repeating this mantra: big government is necessary to help the “little guy” - the poor, working class, and middle class. There’s only one problem with progressives’ favorite claim: IT’S A MYTH!

The False Promise of Big Government reveals:

How big government hurts the very people it purports to help;
How big government is a tool of the elite, helping the rich, powerful, and politically connected;
Why America’s four richest counties are all suburbs of Washington, D.C.;
How the poor have been trapped in poverty by a federal War on Poverty that has cost THREE TIMES more than all of America's military wars combined
Why the two most common arguments against big government - about costs and constitutionality - don’t work;
Why big business loves big government and welcomes more federal regulations;
How big federal programs like Dodd-Frank and Obamacare spawn industry monopolization that hurts the average person; and
Why proponents of limited government aren’t heartless or mean-spirited - in fact, they’re trying to free the poor and vulnerable from government policies that harm them and hold them back.

In just 100 pages, The False Promise of Big Government lays out everything you need to know about why big government fails and how to overcome it at last.

The Founding Fathers were very wise in creating the Electoral College. This equalized the electoral power of small and large states. It wasn't a racial maneuver, but rather a means of forcing candidates to pursue the votes of large and small states. While there have been a number of close call elections, where the popular vote winner failed to win the presidency, overall it has prevented larger bouts of unrest from occurring. 

Growing up David Feinman was always different. That's why it was no surprise when at the age of 16 he became an entrepreneur. After doing several corporate video gigs he realized his passion. He pre-sold some work and his company was born. Now David shows companies how to use online video to crush their sales. And that's how a gig turned into a company. 

The corruption permeating our government and ruling class has bubbled to the surface. Paul Mannafort was indicted and there's more on the way. Now, it's spread to the other party. Where will it end? Let's see where it winds up. The bigger the government gets the less it can accomplish. And now it's accomplishing less than ever, which may be a good thing. At least according to Thoreaux and Jefferson. 

Noted author and Forbes writer John Tamny joined us today. He's not a raging Bitcoin bull to say the least. He believes that it's far too volatile to be a currency, along with other numerous limitations. How can people trust a currency that goes up 65% a month? 

We also discussed the decline of the NFL. He believes that there needs to be a mechanism to remove failing owners. It might just be too late to save it. 

There's something fundamentally wrong with the economy and the stock markets. Stocks keep going up even though revenues and earnings have been declining for years. It's all great until one day someone wakes and hits the sell button. Then it's look out below. And that day is certainly coming, even if we don't know when. Scary times ahead which is why bullion needs to be indispensable part of your strategy. 

It's all about the Cryptos. Bitcoin keeps going higher. Never a dull moment. Now there's news that Scotia-Mocata who Bix says is one of the major riggers is selling their enterprise. Is it good news for silver? Could this be the sign that the Comex is getting ready to disappear? 

Next, the release of the JFK Assassination files are getting released. This could be Bigly news. What will be in those files? Any damaging info left in there? Have they been completely sanitized?

Danielle joined us to discuss the burgeoning Canadian Household Debt. But it's not just our neighbors to the north. It's the US and the rest of the world too. How much longer can borrowing from the future keep the delusion of prosperity going? We don't know the answer yet, but we're going to find out soon enough. And only can we have true reform. 

Lane Kawaoka was working as a high paid professional in Corporate America and but was frustrated by the traditional wealth building dogma. He was compelled to inspire and mentor other working professionals on how to do real estate investing and build their own portfolios. Lane urges other working professionals to just get started saving the for the 20% down payment for a conventional loan to acquire a single family home rental. The Simple Passive Cashflow method is for buying investments with a healthy cashflow buffer that can withstand a market downturn. Lane has received much appreciation for his work via kind words from his audience. 

When it comes to investing in real estate, according to Alex Goldstein, planning is the key to success. You need to do a very in depth self-assessment to see that your purchase is actually in accord with your goals. Unfortunately, very few investors take the time to go through this exercise and that's how the problems begin. 

The world is falling apart. According to John Rubino, countries are literally falling apart. These elections come up and either the local variant of Donald Trump is elected or wanna be countries are voting for more autonomy. It's happening in Italy, Spain, Austria, and the Czech Republic. The Czechs elected their own Trump. What's the world to do? 

Michael Stumo joined us today to discuss the ongoing NAFTA negotiations with Canada and Mexico. The US is taking a much harder stance than Michael expected. Trade Representative Lightziger has drawn a line in the sand and Mexico and Canada are up in arms. How will it end? Let's see what happens next. 

Monday with Andrew Hoffman:

Bitcoin $6,000

• Why is this happening, and what to expect in 2018
• Tomorrow’s Bitcoin Gold fork, and next month’s SegWit 2X 

Bitcoin “dominance” at a four-month high, relative to other cryptos

Bitcoin’s indifference to financial markets

Historic dislocation of rigged traditional “markets” from reality

• Can it be sustained indefinitely?

The NFL ratings continue to implode along with network profits. CBS admits their NFL viewership is down 17 percent. The others are probably down a similar amount, but so far they haven't owned up to it. Trump is winning this battle and he will likely win the war as well. 

Our good friend Marc Faber made a big mistake. He mentioned something to the effect that he, "thank[s] God white people populated America, and not the blacks.” Not a very PC statement indeed. It has already earned him nearly 6 board membership firings and probably a lifetime ban on CNBC and the rest of the MSM. What he said was repugnant, but wasn't intended as a racist slur. As I get older, I notice that older people get tired of life's BS and refuse to go along with the program. They often say whatever's on their mind; the consequences be damned. 

Ivan believes that Trump is more playing to his base and cannot withdraw from the agreement. It won't play well with our allies as well as the Chinese and Russians. He's probably not going to get anywhere with his threats. Let's see what happens. 

Same with North Korea. Probably not much Trump can or will do to stop it and instead he must look to contain the damage. 

In her newly announced but already bestselling book, Fatwa: Hunted in America, the woman known as "the Joan of Arc of the counter-Jihad movement," Pamela Geller, tells the story of how she became one of the world’s foremost activists for freedom of speech and equality of rights for all.

Her critics have called her “the most dangerous woman in America,” “far-right hate queen,” and “the anti-Muslim movement’s most visible and flamboyant figurehead.” Her admirers say she is “the Joan of Arc of the counter-jihad movement,” “one of the top world experts in radical Islam and Sharia law and Islamic supremacism,” and “a wonderful fighter for liberty.”

Pamela Geller writes: “Any lover of freedom would have been tarred the same way I was, and many have been. I am but a proxy in this terrible long war; what has happened to me is what happens, in small and large ways, to every American who stands for freedom.”

Brian's newsletter The Gold Newsletter is the longest running such publication in the country. He has been dealing with important monetary issues since 1971. +

Jason observes that due to the worldwide increase in wealth over the past several decades, there is now a shortage of high quality assets. This was foreseen decades ago by the infamous Michael Milken. Now where is this shortage as pronounced as in US high quality single family housing. That's why the prices keep shooting up, until they eventually come down again. 

Wayne Allyn Root believes that Senate Leader McConnell is ready for a fall. The sooner the better. The Senate and House have been the enemies of the people for many years and now Trump has totally unmasked them. 

What really happened in the Las Vegas Massacre? Wayne believes that MGM systematically disarmed its security guards to save on insurance. As a result, the Mandalay Bay turned into a defacto gun free zone. He was in a nearby restaurant when the shooting started. It was unclear how many shooters there were and where the shots were coming from. Scary times!

Recently Heather was on Facebook, her first mistake and was friended by a young gentleman from New York, or so she thought. Actually, he was from Ghana and he had a deal for Heather. Just send him $6,000 and she could make over $100,000. Of course Heather recognized him for the fraudster he was. She strung him along for quite a while. Unfortunately the FBI wasn't interested unless she sent him money. Well that's where the story ended. Hopefully her case can help others to avoid getting scammed. 

John observes that the yield curve is flattening out. In the past this has been a sure sign of impending recession. Is this time different? Then we move to other ominous signs in Europe. Catalonian secession, a nationalist government elected in Austria and the Kurds march towards their own state. Not exactly a comforting picture of stability in the world. 

Monday with Andrew Hoffman:

Bitcoin’s massive breakout above $5,000

-nearly at the $100 billion market cap level where ALL global investors can participate

-equally massive Bitcoin dominance surge vs. other cryptos

-upcoming BGold (Oct 25) and S2X (Nov 19) hard forks, and second Bitcore (Oct 30) airdrop

Crypto-Ruble launch

-not a crypto, but Russia going cashless

 Chinese 19th National Congress this week

-major changes coming, all good for Bitcoin and gold

Veteran newsman Don Mazzella  sited a recent study showing that the U.S. Middle-Class Incomes have reached the highest level ever!


According to the Census Bureau, incomes of middle-class Americans rose last year to the highest level ever recorded. Poverty declined and the scars of the past decade’s Great Recession seemed to finally fade.

Median household income rose at a 3.2 percent clip based on the previous year and the second consecutive year of healthy gains, the Census Bureau reported Tuesday. What do the numbers mean? Is this a direct reflection on President Trump and his cabinet? Where does our economy currently stand?

What's happening Wednesdays with Andrew Hoffman:

Bitcoin price, nearly an a new all-time high yesterday

Surging Bitcoin “dominance,” as altcoin market weakens

Upcoming B-Gold and SegWit 2X hard forks

More Trump Administration Failures, as Tax Reform joins Obamacare Repeal in the dustbin

Resilient gold price, amidst dollar and stock market pump, and historically weak U.S. Mint sales

Etc.