Kerry Lutz's--Financial Survival Network

Sure enough we came back from the Labor Day Weekend Holiday and gold was down, but then it did an upside reversal and it's up nearly $12 per ounce. Just like Craig Hemke said it would. And the reasons are quite clear, real interests rate which have been negative are getting even more negative, with no end in sight. But according to Craig, if you're a precious metals investor or mining stock investor, the best is yet to come. (It's up again on Wednesday $15+)

What passes for wisdom in Washington DC and the halls of government is always subject to question. The establishment has taken on President Trump and has absolutely no idea what they're up against. From his relentless war on corruption and wasteful government spending, to his success at realigning trade deals and military alliances, Washington has never seen a president like him before and probably never will again. And, after nearly four years, he shows no signs of letting up. Doug Wead masterfully gives us the true story of the Trump Whitehouse in his book, Inside Trump's Whitehouse: The Real Story of his Presidency. 

According to noted columnist Star Parker, there's nothing as racist as the current welfare system. It embeds low expectations for blacks and encourages absentee fathers and the destruction of the black family. Ms. Parker believes that doing away with welfare will do away with most of the ills that plague the black community across America. It's not the racism of the right that is keep them down, it's the racism of the left. 

Joy Villa was leading a typical Hollywood story. Successful, popular and hopelessly liberal. And then she had an epiphany. She came to understand that things weren’t as they as they seemed. President Trump, rather than being the anti-Christ racist he was claimed to be, had actually done more for blacks than any president before him. This led to a number of pro-Trump displays including Trump dresses at the Grammys, which inevitably led to her ostracism by Hollywood. But Joy is undaunted and says there are many more like her in Hollywood; But they need to remain silent to protect their careers. 

The Dems have blown it, regardless what the fraudulent polls may say. Who would ever believe that mass rioting could be the key to the Whitehouse? Instead they’ve alienated the working class and we’re starting to see mass defections among minorities, who were the Dems most loyal voters. This will inevitably lead to Trump’s re-election and 4 more years. And don’t forget, when the pollster calls you, lie to them. This will help destroy the fraudulent science of polling, which is now used to help determine the outcome, rather than reflect it. 

Debbie Bloyd reports: After new- and existing-home-sales soared in July, analysts expected the rebound in pending-home-sales to slow dramatically, and while it did, it beat expectations - rising 5.9% MoM (vs +2.0% expectations).

This leaves pending home sales up a stunning 15.4% YoY...the biggest annual jump since Oct 2012

This is the highest level for the pending home sales index since Oct 2005...

Source: Bloomberg

“We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement.

Anecdotally, agents are saying that “scarce inventory remains a problem,” Yun said.

Pending home sales rose 25.2% in the Northeast and 6.8% in the West. Gains were smaller in other regions, with a 3.3% increase in the Midwest and 0.9% in the South.

The numbers: The index of pending home sales rose 5.9% in July as compared with June, the National Association of Realtors reported Thursday.

It is the third consecutive month in which the level of Americans signing contracts to purchase homes has risen. Home sellers are going under contract in record time, the trade group reported.

Extensive discuss with Craig Hemke a/k/a Turd Ferguson. It's all about negative real interest rates. The Fed can under no means allow interest rates to rise. This means that as inflation kicks up, real interest rates will turn decidedly negative, maybe by as much as 300 to 400 basis points. When was the last time we saw anything like that? In the late 1970's-1980's, when gold hit it's then all time of $850 per ounce. Craig thinks we could very well be heading there soon. So look out above, higher precious metals prices are just around the corner. And there's very little resistance above $2080, so this move could be epic.

Stock markets were up again: Dow up 27.6%, S&P 500 up 7% Nasdaq finished at at record 11774, up 9.6%, but TSX.V up again 4.2%percent. VIX at a still above average at 26.40. Dollar was down another 1.3% and Euro gained 1.3%.  10 Year yield was up 30.9%. Bitcoin rose 3.5% during the month. Gold was near flat at -0.3% to 1976. Silver rose another meteoric 15.4% to 28.14. Even PT was up 3.1%. PD ended up 7.9% for the month. Copper rose 4.8% to $3.03 . WTI up 5.9%. Brent 4.4%. Natgas rose 5.3% to 1.80 per mm. Uranium was flat at 32.95

Ratios: Au/Ag 69.9 - Pt/Au .47 - Pt/Pd .43 - BRT/WTI 1.06 WT/HH 16.2 and AU/WTI 46.2. 

The tragic shooting of Jacob Blake in Kenosha, Wisconsin has led to several nights of looting, firebombing and violence which has now forced that city to issue a curfew. But how much of the violence and looting was triggered by legitimate anger over the shooting and how much of it is being led by outside agitators?

"Unfortunately we are seeing more and more protesters not connected to the community taking advantage of an unfortunate situation to cause destruction," says Law Enforcement, Intelligence & Counter Terrorism Expert Brian Boyd (see short bio below).

Kenosha Sheriff David Beth said social media is attracting demonstrators -- and he believes they are rebels without a cause  - calling them professional agitators who come from other places and don't care. 

Rusten Sheskey, a seven-year veteran of the Kenosha Police Department, has been charged with shooting Blake in the back seven times. The Department of Justice also confirms it has opened a civil rights investigation into the incident. Blake admitted to investigators he had a knife at the time. It was recovered from his vehicle but no other weapons were found.

So what's the truth?

Virus not as dangerous as thought

https://www.worldtribune.com/unreported-cdc-numbers-only-6-percent-of-153504-virus-deaths-were-solely-from-covid/

Video of Warren Buffett totally confused by negative interest rates

https://www.dollarcollapse.com/warren-buffett-doesnt-understand/

Ohio police and firefighter pension fund to allocate 5% to gold      http://www.gata.org/node/20447   

Simon buying up busted retailers

https://www.washingtonpost.com/business/2020/08/26/simon-property-group-malls/

Is the robo-apocalypse getting closer? 

AI piloted plane beats top gun pilot in dogfight

https://www.wired.com/story/dogfight-renews-concerns-ai-lethal-potential/

Noted radio show host Joe Messina joined us for a convention review. The RNC appears to have hit a home run, while the DNC fouled out. The RNC cast America in a positive light, where as the DNC was a scene out of Cat On A Hot Tin Roof.

Is it time to start shooting violent looters and rioters? White Antifa and BLM rioters are burning down black businesses. Makes sense right? Did you say there’s rioting going on? I’m shocked. 

How Madeleine Westerhout,  Got Her Dream Job at the White House, Lost It, and What She Learned

DONALD TRUMP's ON TWITTER!

“Great new book by former Director of Oval Office Operations, Madeleine Westerhout, entitled “Off the Record”. When I look at all of the Fake Books and garbage written about me, it’s really nice to see a very smart and already wise young woman write an honest depiction of what went on at the White House during some extremely interesting and important times. So many good stories by someone who, unlike most other so called writers, was actually there, and a part of the action - of which there was plenty. Go buy this book, a job well done!”

Madeline Westerhout was executive assistant to President Donald Trump from 2017 to 2019, and the Director of Oval Office Operations at the White House from February to August 2019.
 
TRUMP FORGIVES PERSONAL ASSISTANT ON TWITTER
 
Madeleine Westerhout, the former "gatekeeper" of the Trump White House, writes about her relationship with the president, and tells the story of the terrible mistake that led to her losing her job.

From the first day President Trump stepped into the White House, Madeleine Westerhout was by his side, first as his executive assistant, then as the Director of Oval Office Operations. From her desk outside the Oval, she saw everyone who came in to see the president. She placed his phone calls, and was in the room for several historic moments. During her time working with President Trump at the White House, Camp David, Mar a Lago, and Bedminster, she grew to love her job and admire the president.
 
Then, in an unguarded moment during a dinner with reporters, she made a terrible mistake.
 
In Off the Record, Westerhout tells the full story of this dinner for the first time, revealing the circumstances that led to her fateful mistake. She also writes about her relationship with President Trump -- all the lessons she learned working with him, and why she believes he is a much different man than the one the media portrays every day. Westerhout describes President Trump as a kind and generous boss who continues to be a great leader for our country.
 
Order the book here...
 
READ: www.axios.com/madeleine-westerhout-memoir-6ece687e-1115-4bd4-bdc0-78508f2a1bac.html
 
LINKEDIN: www.linkedin.com/in/madeleine-westerhout-93b445192/
 
FACEBOOK: www.facebook.com/OffTheRecordBook/

Kathy Barnette is a conservative, Black, mother, and wife. She is a veteran, a former adjunct Professor of Corporate Finance, a conference speaker, and a Conservative political commentator. She served her country proudly for ten years in the Armed Forces Reserves, where she was accepted into Officer Candidacy School. Her corporate career includes working with two major financial institutions and in corporate America. Kathy sat on the Board of a pregnancy crisis center for five years. 

We discuss the two party conventions that just took place. The contrast couldn't be greater, one is a grim picture of America, the other an example of hope and greatness. The Dems didn't mention one word about the riots, why is that? America is truly at a crossroads.

 
WEBSITE: kathybarnette.com
 
WEBSITE: kathybarnetteforcongress.com

DURHAM STARTS THE SCALPINGS
'You don't win the game in the first inning,' say former federal prosecutor Ex-FBI lawyer Clinesmith pleads guilty to falsifying email in Russia probe in Durham's first case.

John Durham to Interviewed  Former CIA Director John Brennan.
 
LEGAL ANALYST/AUTHOR: John O'Connor, Postgate: How the Washington Post Betrayed Deep Throat, Covered Up Watergate, and Began Today's Partisan Advocacy Journalism He served as an Assistant U.S. Attorney in Northern California representing the United States in both criminal and civil cases.

Former FBI lawyer Kevin Clinesmith pleaded guilty Wednesday to falsifying an email used to support the surveillance of President Donald Trump's former campaign aide Carter Page.

The case against Clinesmith is the first to be brought by federal prosecutor John Durham, appointed last year by Attorney General William Barr to review the origins of the FBI's investigation into Russia's interference in the 2016 election.

Clinesmith, who worked at the FBI for four years, is accused of altering an email in 2017 that investigators relied on to justify an application to wiretap Page, according to court records. The altered email indicated that Page was "not a source" for the Central Intelligence Agency. The original email from the CIA indicated otherwise.

During a brief court appearance via telephone Wednesday, Clinesmith admitted that he altered the email but said he believed at the time that the information he added was accurate.

Matthew Sullivan has found a better way to draw down equity in your home. Rather than loan you the money, he'll buy a piece of your home and won't charge you any interest or require any monthly payments. He'll take his cut when you sell your home or you buy him out. Which could be a very good way to quickly get some needed cash. You won't need to fill out a credit app or go begging your banker. It's all very straight forward and easy. It's worth checking out if you have equity in your home. 

By all rights, Terrance K. Williams probably should have wound up in prison or dead. One of nine black children born to a crack addicted mother, Terrance went from one foster home to another. When he wasn't in a foster home he was in a juvenile shelter. Somehow, it only made him stronger. An unshakable belief in God and in himself helped get him through it all. Now he's a Trump Supporter and has visited the Whitehouse and can personally attest to the fact that President Trump is not a racist. It's an incredible story of indomitable will and the drive make something of himself, which he most certainly has. 

Karen Kataline has had enough. She's tired of the riots, tired of the loss of liberty and especially tired of wearing a mask that has no scientific backing behind it. She's tired of the Dems and their anti-social rioting and she's tired of them trying to turn the US into a third world Banana Republic. And we all should be. 

This week Fed Chair Powell gives a speech on the Fed’s new inflation policy.

Gulf Coast about to be hit by two big storms, the second a hurricane. Gasoline price impact? Segue into inflation...

https://www.cnn.com/2020/08/23/weather/marco-laura-gulf-coast-weather-forecast-sunday/index.html

Big high tax cities continue to implode

https://www.zerohedge.com/economics/slammed-nyc-movers-turning-away-business-residents-flee-city

Market breadth is at catastrophic levels – let’s spend some time on this

Related to market breadth:  Tesla shorts get crushed

https://www.zerohedge.com/markets/tesla-shorts-have-lost-more-25-billion-year-alone

If we have time…

Now there’s ‘virtual truancy’

https://libertarianinstitute.org/articles/as-more-children-learn-from-home-the-state-is-cracking-down-on-virtual-truancy/

When we last spoke with Trilogy Metals CEO Tony Giardini, the company was anxiously awaiting US Government approval of its 120 mile road connecting its Ambler Mining District with the famed Dawson Highway. That approval was the only thing standing between Trilogy and developing this huge mining district. And finally, after numerous delays, the approval came through and the project was green-lighted. 

The recently released feasibility study gives a glimpse of what's in store. 

• Pre-tax Net Present Value (“NPV”)_8% of $1.6 Billion and an Internal Rate of Return (“IRR”) of 31% for the base case.
• After-tax NPV_8% of $1.1 Billion and after-tax IRR of 27% for the base case.
• At current spot metals prices of $2.94/lb copper, $1.09/lb zinc, $0.89/lb lead, $2,001/oz gold and $28.89/oz silver, the pre-tax NPV_8% is $1.8 Billion and IRR is 33.8% and after-tax NPV_8% is $1.3 Billion and IRR is 29.6%.

As shown above there's billions in copper, zinc, lead, silver and gold just waiting to be realized. And that's without taking the massive exploration potential into account. With $145 million in the bank and global partner South 32, the road ahead is indeed paved with riches. 

Trilogy Website

Ticker symbol TMQ on the TSX and NYSE

The pandemic will end, but what happens to economic fallout? The most important thing is that gold has hit multiple record highs. We had a slight retracement last week. Investors were buying the dip. GLD has had the highest volume on record. Silver has tripled since March, but it hasn’t hit the $50 levels of its past peaks. Gold could be ending the year in the $2200-$2300 range. Gary was predicting $2060 gold for now in April. Silver will challenge and break $30. If gold keeps moving, silver will hit the $40-$50 range and perhaps above. The Fed’s bailouts have no upper limits. They’ll keep buying bonds as long as it takes. No economic recovery on the horizon. Dollar could decline to 88 before all is said and done. Precious metals will continue to have intrinsic value as money printing continues unabated. It’s a race to zero. Mines were closed for several months and the US Mint ran out of silver rounds. $34 on this leg of the rally and on the next it could go well over $47.

Watch The Fallout After The Pandemic Interview here

When we last spoke with Andy he warned of a looming precious metals shortage in the fall, due to the near global mine shutdown caused by Covid 19. “We are at roughly 8 times normal sales at Miles Franklin.” Federal indictments against JP Morgan metal traders in March make Andy believe that it’s changed landscape. Silver went from around $12 to nearly $30. Gold went to $2000. Bottom line is that prices were supressed. Andy has been accumulating metals from any available source. He’s got a large selection of gold and islver. Jump quickly. Premiums are high. There’s not enough supply. It’s a challenge to get product. US and Canadian mints are only running at 50 percent capacity. The time to buy is now! Write to andy@milesfranklin.com.

Crowdfunding and Capital Raising Consultant | Publisher of “Accredited Investor Journal” | Author of the best selling books “Trade Like a Pro” and “Winning the Trading Game” |18k+ Followers on LinkedIn Noble A. DraKoln has been involved in multiple tech startups as a consultant, investor and director. In the early days of the conversion from paging to full digital cellular networks, from TDMA to CDMA, he successfully ran a venture that made mergers and acquisitions in the 900mHz, 150mHz, and 450mHz spectrum’s. At the introduction of DVDs he successfully ran and sold off a VHS to DVD conversion studio, and he has been a part of guiding, consulting, and assisting in financing internet startups in both Web 1.0 and Web 2.0 phases. Mr. Drakoln started out as a futures/commodities broker at the age of nineteen trading the E-mini S&P, gold futures contracts, and treasury bond strips. Since that time he has authored the Wiley & Sons published best-selling books Winning the Trading Game and Trade Like a Pro. Over the span of his twenty year career he has traded S & P 500 contracts, various options, and futures for himself and clients. His books have been translated into multiple languages, he has been a keynote speaker around the world, contributing writer to Forbes, Futures Magazine, along with dozens of other financial magazines, and a radio and T.V. financial commentator on Bloomberg and Fox Business News.

The insanity strategy. U.S. Attorney General William Barr is taking action. Realizing that the Left is now full on Communist, willing to burn the entire country down to get its way, and pulling out all the stops to take down the Trump Administration, Barr appears to be making this month as the critical nexus of his legal activity to restore law and order at all levels in our nation. If Barr does not act this week, the Conservative Treehouse has information that it has compiled over several months, that if released will make it impossible for the DOJ to not act. I am contacting CTH to join the effort to bring America back from the brink of destruction.

We also discuss H--C--Q and how you can get it. 

John makes a return appearance and discusses going from $200k in student loan debt to 240k in retirment savings. He’s written The Wealthy Gardner as a way to help his children and others to escape the debt trap. While the Law of Attraction is alive and well, you still need to execute. You have to work! Time to go to school to learn how to fix Electric Vehicles?