Kerry Lutz's--Financial Survival Network

1. Markets keep going up and the valuation of equities is over 177% of GDP. 
2. Dollar going down
3. Gold going up - Warren Buffett buys Barrack and sells all his shares Goldman Sacks. He’s selling banks and buying gold stocks. Late to the game. Long term rates coming down and short term rates are near zero. Inflation target above 2%. Banks can’t make money. 
4. Silver going up. It will become the best investment in the world. 
5. All we need is a vaccine and we can get back to normal. Wrong. Everytime the Fed raised rates the markets choked. Then the repo market seized up. Economy was headed down before Covid 19. The debt we’ve added and the falsification of assets and fake rates. 
6. World Economy is rapidly declining. There's no way out!

Last week I made the decision to start taking Hydroxychloquine (HCQ). I'm not a doctor or other healthcare professional and I'm certainly not recommending for you to take HCQ. I'm only relaying to you, what went into my thought process in deciding to start an HCQ/Zinc regimen. I'm 63 years old, have slightly high blood pressure and am pre-diabetic. Although both conditions are treated and well under control, this puts me in a higher risk category than many in my age group. While still my chances of dying from Covid-19 are well under 1 percent, I felt I didn't want to wait around to get infected. The literature and studies appear to indicate the HCQ/Zinc may have a prophylactic effect with, contrary to mainstream media induced hysteria, very little risk. So in consultation with my doctor I made the decision. So far, zero side effects other than Zinc upsetting my stomach slightly. By the way, Zinc is essential to a healthy functioning immune system. So let me know what you think. 

Warren Buffett Buys Gold and so Should You

Food prices rising:

"From February to June, meat and poultry prices rose nearly 11%, with beef and veal prices seeing the highest rise, spiking 20%. For pork the increase was about 8.5%. People are paying more for other staples, too: During the same time period, egg prices shot up 10%, and shoppers shelled out 4% more for cereals and fresh vegetables."

California on verge of passing wealth tax and is considering big increase in income tax– would raise top income tax rate to 16%

Are Chicago and NYC over? Chicago shutting its downtown at 9pm each night, NYC sees massive increase in shootings, subway system going bankrupt, apartments empty, people moving out in droves.  

Sound money caucus forms in Congress -- better late than never

https://www.moneymetals.com/news/2020/08/14/sound-money-caucus-capitol-hill-002104

Fedex and UPS says can’t handle nationwide mail-in balloting

https://thehill.com/homenews/campaign/512146-ups-fedex-shut-down-calls-to-handle-mail-in-ballots-warn-of-significant

Who said riots are good for the Dems? 

https://www.zerohedge.com/political/cnn-poll-bidens-lead-trump-tumbles-10-points-after-two-months-rioting

COVID-19 ECONOMIC IMPACT ANALYST: David Sussman, is the founder and CEO of VALCOR Worldwide, and a nationally recognized small business advocate and consultant.
 
President Trump issued 4 executive orders that  unilaterally impose a stimulus plan, including a suspension of the payroll tax, an extension of federal unemployment benefits, an eviction moratorium and another round of individual stimulus checks.
 
The constitutionality of such a move in unclear. And some people tell FOX Business Trump may be using this as a negotiating tactic to bring Democrats to the table and hammer out a compromise. Either way, Trump did it and he's sent the Democrat's leaders Pelosi and Schumer reeling. 

Michael D. Farkas is the Founder, Executive Chairman and CEO of Blink Charging, an owner/operator in electric vehicle (EV) charging stations in the United States. Since 2009 Michael has led Blink as a driving force in the EV industry paving the way for growth and adoption of electric vehicles.  Prior to founding Blink, Michael has established a track record as a successful principal investor across a variety of industries including automotive, retail, telecommunications, agriculture, and aerospace.

As the automobile industry experiences a significant shift to embrace alternative fuels and electric vehicles, an opportunity presents itself for business owners and operators to incorporate charging infrastructure at their properties. Michael outlines the EV market landscape conditions and expectations and discusses the advantages of various business models used when deploying EV infrastructure.

But in the end, the question is, "Can Blink and other charging networks make money?" And that remains to be seen 

Joe Bell, founder of Legacy Beyond Listings, Real Estate & Wealth Expert Coach and author of the book “Assets, Acquisitions, & Abundance: A Guide To Building True Wealth & Legacy Through Real Estate.
Joe is an expert at helping Real Estate professionals build legacy, retirement, and wealth.

Back in 2006, Joe was brand new to the real estate game. He was young and had no money, couldn’t keep up on a mortgage and was facing foreclosure. Everything changed in 2009 when he purchased his first investment property and hit a home run. Since then, Joe has owned many companies, has a real estate firm and is now an experienced broker and investor himself.
He would love to explain how a 40 year old agent landed a profitable investment in a weekend without using his own money.

Joe has been named in the “Top 40 Under 40” in Alaska, and has been featured in places such as ABC, NBC, Digital Journal, Investor Place, and more

Since we met David Erfle several years ago, he was convinced that the key to future wealth was in mining stocks. He runs one of the most transparent and interactive newsletters around. Fast forward to now and we see that David was correct. His stocks are way way up and they're barely getting started. To David, the recent pull back is welcome news. We don't want to see a parabolic rise as that inevitably ends in sorrow. Even more over-sized gains are on the horizon. 

n the early days of the coronavirus crisis, President Donald Trump was flanked in the White House briefing room by a team of public health experts in a seeming portrait of unity to confront the disease that was ravaging the globe.
 
But as the crisis has spread to all reaches of the country, with escalating deaths and little sense of endgame, a chasm has widened between the president and the experts. The result: daily delivery of a mixed message to the public at a moment when coherence is most needed. 

Trump and his political advisers insist that the United States has no rival in its response to the pandemic. They point to the fact that the U.S. has administered more virus tests than any other nation and that the percentage of deaths among those infected is among the lowest.

As Steve reports, "The latest Rasmussen poll has trump at 51 percent approval, 7 points higher than Obama at this point in his presidency. Such poll numbers are all the more remarkable given the radically and absurdly negative coverage Trump receives on an hourly basis from the mainstream media. In fact, the Media Research Center conducted a study that found that 92 percent of the media’s coverage of President Trump was decisively negative, the mirror opposite of the fawning coverage that daily accompanied the Obama presidency. But Rasmussen isn't an outlier. The latest Democracy Institute poll has Trump beating Biden by a margin of 48 percent to 46 percent, with Trump leading by a healthy five points in crucial swing states like Florida, Iowa, Michigan, and Pennsylvania."

n the August 1st piece on Politico by Jean Guerrero entitled "The Man Who Made Stephen Miller," they claim that almost 20 years ago I cultivated an angry high-school student named Stephen Miller and that now his ideas are coming to life in the Trump administration. I never claimed to have "made" Stephen Miller. He was a brilliant young man when I met him. Stephen and I are what a reasonable person would call "classical liberals" - we both have written thousands if not hundreds of thousands of words to make clear our positions. But the author of this article is determined to smear us both as racists. This is the fascist mentality of the left. If you disagree with someone, they must be racists. Being against illegal immigration and being for merit immigration, as we both are, is not "anti-immigrant" as this article maliciously claims. To call Stephen or me "hatemongers" and to insinuate that we are racists is just to pull a page out of the slimiest smear site in the country, but it's par for the course for leftists. Identity politics is racism. The Democrat Party trades in racist attacks on a daily basis. I have written three books on race - all of them organized around Martin Luther King's vision of a world in which people are judged on their character, not on their skin color. Of course, being a leftist and supporting a Democrat Party Guerrero wouldn't understand that. Shame on Politico for reprinting this.

Can Trump Just Order the Treasury to Give Us Money? John Rubino  

Can Trump just give us money via executive order?

Seattle pro-cop rally, Portland police union office fire, Chicago bridges raised: misdirection by 1% (see next entry)

Meanwhile: Fed is preparing to officially shoot for higher than 2% inflation

One-fifth of all mail-in ballots disqualified in NYC primary – chaos coming in November. US Postal Service meltdown -2.2 billion in the last few months. Major service cut backs just in time for elections. 

Was THAT the gold/silver correction??

Miners reporting killer Q2 numbers

Robinhood stops reporting trading data

https://www.foxbusiness.com/markets/robinhood-app-robbing-amateurs-dotcom-era

Social media imposing modern-day Hays Code on political speech

Cyclical credit contraction. Stock market is vulernable to a downturn that no one sees coming. Going into the fall you can have a much more severe correction, especially the NY Market. Don’t use the Wuhan Flu to make any investing decisions, both long or short. The liquidity events could be very severe and substantial. Where we’re getting huge excesses in Silver, we’re getting very high excesses in the US Dollar’s decline. We’re in a very lengthy expansion and bull market in metals which will raise prices of majors, medium sized companies and explorers. When a discovery is made, you’re rapidly building an asset. But be prepared for the inevitable pullback, so take so money off the table and get ready for the next upside move. 

When it comes to junior miners, nothing succeeds like success. While Marcio Fonseca was an executive at SilverCrest Mines, spin-off company SilverCrest Metals saw a 130-fold share price rise. Mining is in Marcio’s blood and he’s looking for an encore performance. In 2018 he founded and took public GR Silver Mining (sponsor).

By this time in 2021 he’s hoping to double or even triple GR’s reserves (from 40 million to as high as 120 million silver ounces). That’s quite an accomplishment in any market, but with silver recently vaulting through the key $25 per ounce mark, and well on its way to $30 and perhaps even higher, this could result in a veritable windfall for shareholders and management alike(Marcio and management have major skin in the game owning over 10%). The market seems to be catching on to Marcio as GR’s share price has recently hit new highs.  

Experience matters and Marcio has over 20 years of it in finance and all other phases of mining. His team is seasoned and well connected. Currently, First Majestic Silver is its largest shareholder. The Sprott Group also has expressed great confidence in the form of a large GR position as well. With all this going for it, GR Silver Mining has amazing future potential for outsized gains and major shareholder enrichment. 

Ticker: TSXV: GRSL     OTC:GRSLF     FRA:GPE

Learn more about GR Silver Mining: https://grsilvermining.com/

Latest GR Silver Mining presentation: https://grsilvermining.com/wp-content/uploads/2020/07/GRSLCorpPresentation_July2020.pdf 

When the lead starts flying, you want a vehicle that can take a licking and keep on ticking, and that means the Tesla Pickup Truck. With bullet-proof glass, a solid stainless steel body, this baby will soon be battle tested on the streets of Portland and Seattle. Bad guys better watch out, because this truck isn't stopping for anyone or anything. We also discussed the fact that tomorrow's wealth will be measured in gold, silver, guns & ammo and charged batteries. When the grid goes down and gasoline is all but impossible to obtain, you'll be glad you stocked up on a warehouse of Tesla Battery Brick Walls. They will keep you in energy for years to come.

And we both hate gender-switch movies. It's great to have female hero characters, we both had a major crush on Linda Carter/Wonder Woman. Just don't do it at the expense of male ego or diminishment. 

At this point it is quite clear to all rational beings that Covid 19 isn't a serious threat to 95 plus percent of the population. Oh wait, the media has helped unleash a fear pandemic upon the populace. If you ask the average millennial what their chances of dying from Covid 19 were, their answer would be somewhere between 90 to 100 percent. Why is that? How can the American Public be so misinformed? Perhaps the dumbing down of America might have something to do with. Ya think? 

A shocking exposé of the Bill Clinton pardons and commutations issued after Hillary Clinton made it known she was running for the US Senate.

Bill Clinton’s abrupt departure from long-standing precedent was an astonishing abuse of the Justice Department processes and underscored the shady wheeling and dealing that was common in the Clinton orbit. Bill, Hillary, and brothers Roger Clinton, Hugh Rodham, and Tony Rodham all profited financially or politically from hustling dozens of pardons to some of history’s most undeserving recipients. These ranged from worldwide pariah Marc Rich, to a cocaine trafficking kingpin, to murderous terrorists who hadn’t even requested executive clemency.

A third of the final-day pardons bypassed Justice Department review and went straight to Bill for approval. Dozens of recipients hadn’t even filed a petition. In the final hours of Bill Clinton’s last day in office, the pardon attorney was frantically preparing paperwork for recipients whose names were misspelled or whose addresses were unknown. It was a free-for-all.

The brothers were paid hundreds of thousands of dollars to privately lobby Bill for pardons, some of which never materialized. But the brothers were still paid. Hillary collected political and financial IOUs she later cashed in when she sought political office. For most of his presidency, Bill was one of the stingiest presidents of all time when it came to the awarding official forgiveness to felons, but the pardon floodgates opened when Hillary began her run for the US Senate.

It was the selling of pardons for money and influence that launched the Clintons’ nearly two-decade pay-for-play scheme—a scheme that not only amassed billions of dollars for the Clinton Foundation and hundreds of millions of dollars for the Clintons, but also catapulted Hillary into a presidential front-runner. Pardongate reveals details of the Clinton machine that will leave even the most informed citizens appalled.
 
 www.amazon.com/Pardongate-Hillary-Clinton-Brothers-Profited/dp/1642936286/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr=

"I promised then that we would restore City Hall Park to the beauty that it had in the 19th century, so that it could symbolize the regeneration, the rebirth, the reinvention of the city of New York," Giuliani said, calling it a "a final gift from the 20th century to New Yorkers of the 21st." Now, garbage and filth are spread out everywhere, along with posters of George Floyd and BLM graffiti. The gift has been rejected by the radicals and racists who have taken over New York and hate beauty. The sidewalks have been defaced, everything is covered in graffiti, and the sacred ground over which the grass lies is littered with tents, sleeping bags, and soiled with worse things by Occupy City Hall. The walls of the beautiful Surrogate's Courthouse's building, a Beaux Arts confection inspired by the Paris Opera, have been covered in hateful Black Lives Matter slogans, including "Kill Pigs," and if you stop by at the right time, you can see a dummy in a police uniform and a pig mask being hung.

Right now Greg Crowe and SilverOne Resources (sponsor) are sitting pretty. Silver has rocketed back from its sub $12 March low, to a close last Friday of $24.47. The company's recently completed over-subscribed financing has left it with a large cash position (C$13-$14mm). It's starting the process of updating its 43-101 resource estimate and is moving past its Covid induced delay. However, it was able to keep working on its Arizona-based Silver Phoenix project, site of an amazing find, a 417 pound sample containing 70% silver. Its Cherokee project is also moving forward, with people getting ready to get back to work. With all this going on, it probably won't be long before SilverOne achieves its goal of becoming a premiere silver-focused exploration and development company. 

Bitcoin created a new generation of goldbugs

Making the case for bitcoin is also making the case for gold, so cryptos have created a whole new crop of potential goldbugs

How is real estate still booming??? Even house flipping is hot. Totally unprecedented in a recession.

https://www.inquirer.com/real-estate/housing/housing-inventory-philadelphia-sales-buyer-pandemic-20200801.html

Rental rates plummet in NYC

https://www.cnbc.com/2020/08/02/retail-rents-plummet-across-new-york-city-a-warning-for-other-areas.html

 Negative interest rates impoverish pensioners

Irish central bank now charging negative rate on pension funds

https://www.irishtimes.com/business/financial-services/pensions-to-be-hit-as-bank-of-ireland-charges-negative-interest-on-cash-1.4318748

Pandemic corruption

Covid vaccine companies will be exempt from liability for damage done.

Kodak gets massive loan from the US

https://www.cnbc.com/2020/08/01/eastman-kodaks-top-executive-reportedly-got-trump-deal-windfall-on-an-understanding.html

UFOs false flag or biggest event in human history?

The government is apparently ready to admit that UFOs are real and that we have pieces of spaceships.

False flag?

Distraction from something else?

Good or bad for gold?

Maxwell documents released

Clinton is in there … what else?

LAW AND ORDER BREAKS DOWN

https://xtown.la/2020/07/20/stolen-car-covid-19-los-angeles/

Shootings in NY and Chicago soar

Seattle proposes to cut police funding in half

Minneapolis residents are patrolling their own neighborhoods

https://www.dailywire.com/news/armed-minneapolis-residents-are-patrolling-their-own-neighborhoods-as-city-moves-to-defund-police

Big protests in Germany against masks, lockdown

https://www.zerohedge.com/political/protesting-germans-revolt-against-muzzle-facemasks-and-pandemic-restrictions

Is Trump benefitting from the incoherence of big city mayors?

Also, Australia's new lockdown. In the announcement "Wherever you slept last night, that's where you'll sleep for the next six weeks"

In this interview, co-hosted by Kerry Lutz of the Financial Survival Network and Bill Powers of Mining Stock Education, Auryn Resources’ executive chairman Ivan Bebek explains the transformative merger with Eastmain Resources.  This merger was announced on July 29th and will result in a new company Fury Gold Mines.  Fury Gold Mines will seek to advance its several gold projects with initial emphasis given to Eastmain’s Eau Claire high-grade gold project.  The stated goal is to have Fury Gold develop into a Canada-focused, growth-oriented producer.  As part of this transaction, Auryn will spin-out its Peruvian assets into two separate companies. One company will hold the Sombrero copper projects while the other will hold the Curibaya silver and gold projects.  Regarding the three companies resulting from this transaction, Ivan shared: “we want to deliver $10-20 share prices per asset [company].”

Ivan also introduced the incoming CEO of Fury Gold Mines, Michael Timmins, a seasoned executive who's built mines in a number of jurisdictions and spent 11 years with Agnico Eagle. It seems to be a match made in heaven and we're forward to more exciting developments from our soon to be former sponsor Auryn Resources. 

Ticker: AUG

www.AurynResources.com

Sign up for Auryn’s email list: https://aurynresources.com/subscribe/

In the January 28, 2020 edition of the Trends Journal, Gerald explains exactly what’s going on. It’s been a boon for CNN and MSNBC. The Media has hyped the pandemic to increase their failing ratings. CNN ratings are up 128% since they unleashed the pandemic. Where’s the DOJ? The list of criminals going unprosecuted is shocking.

Gerald had a July 4th rally in Kingston, NY. He called out Cuomo to try and stop it. The presstitutes bow down to #KillerCuomo. It’s bigger than NY, bigger than the USA, it’s global. Italy shutdown first. It’s all over the world. Australia had 176 deaths and shut down again. We are in an economic collapse unequaled in history. What’s going to happen to all those businesses and malls that rely upon people coming into the cities. Tourism is dead around the globe. We are in an unimaginable collapse around. Current war, trade war, WWII. Greatest Depression, WWIII.

There is hope on the horizon. Occupy Peace and Restore Freedom. A new third party. The platform is: 1. Anti-vax 2. Anti-tax, 3. Anti-mask.

How can people be so stupid to follow Hitler and they’re doing the same thing now? It’s so easy to take people to war. Korea, Vietnam, Iraq 1, Afghanistan, Iraq 2. People need to start taking responsibility for their government and their country. We have to fight for it. We have freaks destroying us. Time to rise up. Gutless cowards are already beyond redemption. People who believe in the Constitution need to rise up. It only takes 10 percent as in the Revolutionary War. The violence that’s facing us is daunting. It's no wonder why gold and silver prices are rapidly increasing. The whole world is going down. That’s why war is becoming inevitable. 

Matt Nye is worried. Like so many Americans, he witnessed the pandemic, the insane reaction to it and the resulting global economic collapse. Now we're witnessing the erasure of American history and have seen the far-out loony left disparage all of our great patriots and all of the people who make the country work. Is there a way back, will we wind up in a full-blown civil war? Matt answers these questions and more. He's also running for the Florida Legislature. If you're in Florida in his district, please support him. 

When it comes to finance Lobo Tiggre the rockstar formally known as Louis James has always been a forward thinker. He developed 

We sat down with mining legend Ross Beaty. After 15 winning companies, why is he still at it? The simple reason, because it's fun. All the financial success, company building, creating opportunities for others and returning billions in profits to investors is okay, but in the end it all boils down to personal satisfaction and just plain fun. Perhaps Ross's idea of fun is a little more sublime than teens playing video games, obviously the stakes are higher and the rewards greater. But we came away believing that in the end Ross has achieved a certain level of personal satisfaction and enjoyment that has kept him going to the office all these years. 

Ross says that Equinox Gold will be his last venture. He started with another Equinox so it's fitting end to an incredible career. Upon retirement, he will dedicate himself to giving away his vast fortune to various causes, centered on ecological improvement and planet sustainability. We wonder if it will be more fun giving it away than it was making it in the first place. Time will tell. 

According to Chris Gold will be in the 1967-2000 in the next week or so. Then a pause and pullback. Silver is leading the way. It will hit the $100 mark within a year. Silver will have the biggest financial gain. Next upside target is $44. Currently at a fibonacci number which is resistance. 

Bitcoin sold off with the crash and has now recovered and ready for a breakout. Chart is pointing to $14000, with quite a way to go on the upside. Especially now that the dollar is sliding. 

Stocks Bad news is good news for stocks. Chris thinks market is on its last leg. Everything right now is pointing to a decline. Less and less stocks are leading. The exect same set up as in February. When things are screaming this loud, you have to pay attention. Put call ratio in dangerous territory. Huge sidways move or a major bear market decline. If things get worse more stimulous and higher stocker. We’re at maximum risk. 

Dollar will be under pressure for a while. If there’s market panic, the dollar will rally. The same should happen, which will top off metals and miners. This time around there’s way more stimulous. 

Interest rates are low and locked in and no longer a free market. Not good the USD. Quite a bit of upside in bonds. There’s a limit to how much they can move under the circumstances. 

Crude is looking good as a short play. It’s losing momentum. It’s on the verge of a drop, on economic weakness. $44 and then a reversal to the downside. Let’s see if jobless claims rising. We have to wait for the pattern set up. 

Lot’s more in this extensive interview.