Summary:
No matter what, you can always turn your life around and become the best version of yourself. I chat with Randy Gage—who has battled addiction and financial problems, and has ultimately done a 180. He emphasizes the value of mindset, and says that when you start viewing yourself as a victor rather than a victim, you can come to terms with what it is that you want to change in your life. Tune in for an inspiring message from Gage, and for tips on how you can take steps toward change.

Highlights:
-There is always a chance for you to turn your life around and be the best version of yourself
-Randy Gage managed to turn his life around despite getting into a lot of trouble in his younger years
-The break he needed was having someone believe in him more than he believed in himself—one of his friend’s Father’s helped him out
-How do you make people believe in themselves and take advantage of a second chance? You can decide whether you are a victim or victor
-Gage started working on a restaurant and learned he cold play by the rules and still get far in life
-He ended up investing all of his money to start his own restaurant, and he lost it, but learned from this experience.
-People think the opposite of success is failure, but failure is part of the process of succeeding
-Gage tells his story at detention centers and halfway houses
-You have to be committed to working on yourself every day, analyzing what’s working and what’s not working
-It comes down to self-honesty, and you have to admit what needs to change within yourself
-The pandemic also allowed people to re-evaluate their life

Useful Links:
Financial Survival Network
Randy Gage

Direct download: Randy_Gage_28.Oct.21.mp3
Category:general -- posted at: 12:17pm EDT

Summary:
Student loan debt has been a pressing issue in our country for quite some time, with little progress in resolving it. I sit down and chat with Paul Oster to analyze some of the causes of this phenomenon, and possible ways out. It seems that we are in an endless cycle of finance companies lending out more money, causing institutions to up their prices. There needs to be more awareness around the implications of taking a loan, and the long-term financial commitment it entails.

Highlights:
-Student loan debt has been a pressing issue for quite some time
-There has been talk of forgiving student loan debt—which is great in theory—but isn’t necessarily feasible
-What sounds great can be difficult to execute
-We must consider who is going to help fund this
-Student loan debt is something we have to get ahold of immediately; finance companies are lending more, so institutions are charging more. It’s an endless cycle
-In order to forgive this absurdly large sum of money, something has to give
-The deferment period and relatively low interest rates make loans attractive
-There needs to be a more in-depth discussion of these things and adequate planning before loans are taken so that people understand the consequences
-Students don’t receive enough information on all of the obligations of a loan—it can affect the rest of your life and set you back financially.
-It is good for building credit, but only if all payments are made on time
-There are lots of negative consequences that can come about in the case of emergencies
-Income-based repayment entails paying back your loans based on what you can afford
-The government is trying to solve a problem that they created—which typically just makes it worse
-The opposite of financial education is financial ignorance, and at a younger age it’s harder to make a decision that can harm the rest of your life
-Your credit score is either going to save or cost you money every month

Useful Links:
BetterQualified
Financial Survival Network
"Millenials Messing Up with Too Little Credit?" with Paul Oster
"Threat of RansomWare is Quickly Spreading" with Paul Oster

Direct download: Paul_Oster_27.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Torq Resources’ Executive Chair Shawn Wallace and Chief Geologist Michael Henrichsen came on to discuss their recently acquired Chilean gold-copper Santa Cecilia project.

Wallace mentioned that Santa Cecilia was always their major goal. He had been hinting at something big during our last interview and now he’s delivered. At 32.5 square kilometers, it’s sitting on a major system in the world-class Maricunga belt. Some historical work had been done in the 1990’s, and then it inexplicably sat on ice for decades, ignored by all.

According to Henrichsen, “This is the real deal… The initial discovery has already been made…” Now they just have to identify the most promising targets. It’s an extremely unique place, which explains why the team spent the better part of two years on its acquisition. Henrichsen’s global mining network was instrumental in getting the deal done, especially in light of the global health concerns that made international travel all but impossible.

To sum it all up, Wallace says, “The Santa Cecilia gold-copper project represents the culmination of our acquisition strategy in Chile. It is our belief that exploration at a project of this magnitude will be transformative for Torq. Now that the project is in place, it’s time to start to realize its exploration potential.”

www.TorqResources.com

Ticker Symbols - TSX.V : TORQ OTCQX : TRBMF

 

Direct download: 041_Torq_Resources_FSN.mp3
Category:general -- posted at: 9:02pm EDT

Summary:
On this episode of FSN, I catch up with Chris Vermeulen on what’s happening with the metals, as well as other sectors subject to the effects of inflation and market trends. The metals have been struggling for the last year, and when you look at the miners, they’re starting to break to new highs. We’re looking for a pause/pull-back and then a surge higher to indicate that the sector is about to take off. Tune in for more information and predictions from myself and Vermeulen.

Highlights:
-Chris Vermeulen tells us what’s going on with metals
-The metals have been struggling for the last year
-When you look at the miners, they’re starting to break to new highs
-It’s frustrating to see the back and forth trend, but the miners are starting to show a bit of strength
-The market is at a nice run, and we may see a pull-back for a week or two
-Gold miners are bottoming from a technical standpoint
-Gold miners and precious metals could be shining by the end of the year
-Key indicators of the sector about to take off will be a pause/pull-back and then a surge higher
-During the pause, more money will pour into these sectors
-They haven’t committed to the turnaround yet—we need to see higher prices
-We just saw a year-long consolidation, so it just has to turn the corner
-Oil, energy, and natgas do not seem like they’re going to pull back at all
-Energy stocks have been leading the way higher, and this is a good sign
-FPL is getting a 3-4% increase—pretty much all of it is natgas
-Power generation has a lot of fixed costs, and doesn’t instantly correlate with higher electric prices—but they it eventually drive electric prices higher
-People are relying on Florida as a port—which seems to be at capacity
-This is an interesting time for investors and the stock market
-Transportation is leading the way
-The small cap sector is trading sideways in a tight range
-The stock market is probably starting a major run towards the upside
-We need to see if the Russell is going to break out—which could lead to a euphoric phase in the stock market
-Due to inflation, commodities are on fire and everything is up
-Real estate is on fire, but real estate agents are doing too well—there are a surplus of agents with a lack of people looking to sell homes
-Is this going to lead to prosperity? After every good rally, we see a pause or a rough patch
-The Russell 2000 has a really strong looking chart—it has a lot of upside
-This year has been dormant in terms of sectors
-Tech sectors are probably going to lead the way

Useful links:
Financial Survival Network
The Technical Traders
"Gold, Silver, U.S. Dollar, Canadian Dollar" with Chris Vermeulen
"Market Drop Following Last Fall's Pattern" with Chris Vermeulen

Direct download: Chris_Vermeulen_26.Oct.21.mp3
Category:general -- posted at: 8:01am EDT

Summary:
Are you or is someone you know looking to quit smoking cigarettes? On this episode of FSN, I sit down and chat with Setti Coscarella, the CEO of TAAT Global. TAAT is a cigarette replacement that is doesn’t contain nicotine, tobacco, or any of the other harmful ingredients in cigarettes. It still satisfies the taste of a cigarette, and contains CBD—which allows one to feel the calm sensation that a cigarette gives off. Tune in to hear more about this fascinating, healthier alternative to smoking that has the power to change the industry.

Highlights:
-We discuss a cigarette replacement that it made from hemp and doesn’t contain nicotine, tobacco, or the harmful ingredients in cigarettes
-It still satisfies the taste of a cigarette, and gives the calm sense that smokers traditionally enjoy from smoking
-All cigarette alternatives rely on the consumer being addicted to smoking/the product
-TAAT contains CBD, which operates as a calming property
-Smokers go about their life in a state of withdrawal, but with TAAT, you don’t have to face this effect
-It is designated to be a smoking replacement
-This gives consumers something they can enjoy as much—if not more—than a cigarette
-They are currently adding more states and countries to their market
-If you register with TAAT, they’ll send you your first pack for free

Useful Links:
Financial Survival Network
TAAT Global

Direct download: Setti_Coscarella_26.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
When it comes to investing, it’s a veritable minefield out there. I sit down and chat with Mariuscz Skonieczny, the creator of MicroCap Explosions, to get access to some of the advice he gives to current investors. Especially when competition is so fierce, it can be profitable to consider lesser exchanges with lower competition—this is where value abounds. Tune in to hear about Skonieczny’s strategy for finding companies to invest in so that you can take advantage of good opportunities.

Highlights:
-When it comes to investing, it is a veritable minefield
-Some people think resource investing is dangerous, but it can also be very profitable
-When you go to lesser exchanges, it seems that value abounds there
-The central concept is competition—this dictates most things in life
-With big exchanges, everyone is paying attention to them and there is a lot of competition
-It can be beneficial to go places with little competition, like with secondary exchanges
-Oracle Resource has a copper project in Mexico, and Skonieczny discovered this a few years back
-He started investigating this company and learned that they were involved in a legal battle over a title dispute
-How do we recognize these deals? There is no particular formula, but it’s important to have an open mind; look at all the moving parts and analyze what is happening
-Have someone within the company explain to you why you may be interested and what is going on with the company
-Success in investing is finding good opportunities and letting them play out
-Investing involves a lot of sitting and waiting—you have to be willing to be patient
-Go through every company on a particular exchange individually

Useful Links:
Financial Survival Network
MicroCap Explosions

 

Direct download: Mariusz_Skonieczny_25.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Tier One Silver CEO Peter Dembicki, joined us for a sponsor update. Recently, the company received additional high-grade channel sampling results from the Cambaya target, located at the flagship Curibaya project in Peru. These samples have defined a sizeable area, (exact size currently unknown) with grades as high as 1853 g/t of silver eq. As a result, the company applied for a 200-hole drill permit on up to 20 new drill platforms, thus greatly expanding the total number of drillable holes at Curibaya. The rainy season is fast approaching and Dembicki expects drilling to begin in Q2 of 2022, once the rains subside.

Dembicki stated that, “The Curibaya project has advanced considerably over the past six months and increased our confidence in the potential for a world-class silver discovery. The work we have done has resulted in a larger footprint of high-grade silver mineralization, seen in rock samples as well as the recent channel samples from the Cambaya target.”

Now, all Tier One Needs is for its assay lab to release their long-awaited drill results, which should help better define the scope of the discovery and make Tier One Silver even more attractive to investors. (We own shares).

Company Website: TierOneSilver.com 

Ticker Symbols: OTCQB: TSLVF – TSX.V: TSLV

Direct download: 040_Tier_One_Silver_FSN.mp3
Category:general -- posted at: 8:00am EDT

In this Triple Lutz Report, I focus on what has been an increasingly prevalent topic in today’s economy: non-transitory inflation. The fed has been telling us not to worry, but the current trends say otherwise. So many commodities have already shot up in price, and more are on their way up. Tune in to hear some analyses and predictions regarding the economy, and to get an idea of what to expect in the coming months and years.

Highlights:
-Non-transitory inflation is the subject: the fed has been telling us not to worry, but it looks as if the situation is not getting better
-Inflation never went away—we’ve had it since the federal reserve was created, after WWI, and after WWII
-In 2020, 38% of all NatGas used in the US went towards generating electricity
-We’re going to see higher electric prices soon
-Heat is also going to rise in price
-Your largest annual expenditure is taxes—especially with indirect taxes that are hidden from consumer view
-Costs of commodities are going to increase exponentially (i.e. appliances) and your choices are limited
-Food prices are also being driven higher—and the government excludes it from the consumer price index
-The fed will have to choose the economy or the currency
-Whoever has the gold makes the rules
-US sales of guns and ammunition have catapulted forward
-All of the low trends are coming to an end—it’s time to decide what you can do to protect yourself and your family

Useful Links:
Financial Survival Network

Direct download: TLR_488_20.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
David Morgan comes on the podcast to give us insight on the markets. We tackle inflation—which is not so transitory after all—the future of the dollar, the Chinese real estate debacle, and the precious metals market. A lot is changing and there will probably be many unintended consequences that our nation needs to prepare itself for. Tune in to find out more about what’s to come where the markets are headed.

Highlights:
-Inflation is not so transitory; what does this mean for the economy and your ability to accumulate wealth?
-By definition, inflation is an increase of the money supply. We’ve done this by about 20% since the new administration came into office—but it’s been this way for years
-The deficit keeps increasing
-If you don’t trust the dollar today, why would you trust the future dollar?
-When you control the price of money, you control everything
-If interest rates are near zero, this means that money has become less valuable
-There will probably be many unintended consequences with cryptocurrency and Chinese real estate
-The US market has not taken hold of these consequences yet
-Oil is reflecting what’s happening in the economy
-Platinum is going to go higher than Palladium
-The metals market in the worst of times will do well
-Must look at where the market is going with goods like electric cars
-China real estate is in big trouble

Useful Links:
Financial Survival Network
The Morgan Report

Direct download: David_Morgan_19.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
John Rubino and I catch up on all things in the economy starting with false information in the media—we are not receiving honest commentary on inflation, which could lead to other problems down the road. Furthermore, we discuss some of the effects of inflation in sectors such as energy, and discuss issues surrounding the Chinese real estate market and what could potentially happen.

Highlights:
-Is gold going to have its rally? When is it going to happen?
-Joe Rogan exposed CNN for giving false information to adhere to their own agenda
-The mainstream media is losing popularity and credibility
-Attention is shifting from corporate networks to independent journalists
-The media has lied about inflation—these lies can be fatal
-$80+ per barrel oil
-Heating bills in American homes are predicted to rise
-The whole energy complex is in an inflationary spiral
-How long does this have to continue before we see it as a psychological market shift?
-People are buying things in fear of not being able to get them later at a reasonable price
-You need to hold assets that are going to go up
-It’s better to be a debtor in an inflationary period
-Developing countries are terrified of inflation in ways that we are not
-Labor has the power to start clawing back some of the wealth taken from it
-Renting is going to be a really difficult thing to do—they will be set by people charging as much as possible
-The Chinese real estate market is the largest asset class
-Chinese real estate and US treasury seem connected

 

John Rubino 10-18-21
Rogan!

Americans’ heating bills to soar up to 50% this winter
Oil is over $80 a barrel.

Labor flexes its muscle as leverage tips from employers to workers   (wage inflation) Labor unrest is making a comeback in the USA. Wages going up is a really bad thing as far as the Fed is concerned.

Emerging market central banks raising rates because inflation is deadly there (this is big)

Potemkin store shelves  https://twitter.com/DonDurrett/status/1449865683324395526?s=20

Renters are getting squeezed. Hedge funds are buying up the available housing stock and will squeeze the renter class.

Chinese real estate bubble is bursting, perhaps the largest bubble in history and creation. 75% of household assets are wrapped up in real estate.

Useful Links:
Financial Survival Network
Dollar Collapse

Direct download: John_Rubino_18.Oct.21.mp3
Category:general -- posted at: 8:01am EDT

Summary:
Inflation is affecting many areas of the economy, so how do you ensure that it doesn’t affect your retirement plan? I interview Jim Sloan to discuss this topic so that you can live life your terms in these inflationary circumstances. It’s important to educate yourself on this topic and know the facts, and look into valuable retirement plans that will benefit you in the long run. Tune in to hear more from myself and Sloan on this topic.

Highlights:
-Will your retirement keep up with inflation? Even with a decent return, you may face problems
-How do you live life on your terms in inflationary circumstances? It’s important to become informed and make financial decisions based on logic and actual facts
-Many peoples’ incomes are not keeping up with inflationary factors
-Inflation will probably remain around 5% in most advanced economies
-We are having increased inflation, but people should not necessarily worry about hyper-inflation
-Old models cannot be used anymore
-Fixed annuities and index annuities are worth looking at
-Not many people want to plan their income based on a life insurance policy
-Almost every insurance policy is not designed or funded correctly
-Index annuity gives client the greater potential to earn the 5%
-This year, social security benefits are going up
-A lot of people don’t know the optimal age to take social security, and this is the most important component of social security

Useful Links:
Financial Survival Network
Jim Sloan

Direct download: Jim_Sloan_18.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
Are you trying to be successful in real estate? In this episode, Douglas Beck shares his insights into the real estate market and valuable experiences that are relevant to those looking to grow within this market. It’s a tough time to try and do wholesale flips and fixing, but buying and holding will allow you to invest and build your portfolio. Tune in to hear more from myself and Beck on how you can navigate real estate in the current economy

Highlights:
-Douglas Beck started out in corporate IT and procurement, and then got into real estate
-He was always looking for a way to exit the corporate world, because it didn’t align with the entrepreneurial spirit he grew up around and possessed himself
-We discuss how to make money in the current market—it’s hard to do wholesale flips right now
-Beck’s company primarily focuses on renovation projects right now
-Flipping and fixing is a business, but buying and holding is an investment
-It’s a good idea to build up a good portfolio if you want to be successful in real estate
-If you’re buying right now, inflation could help you; interest rates are low
-Hedge funds are buying all over the place
-Follow the surges in activity—especially companies buying in bulk


Useful Links:
Financial Survival Network
Douglas Beck

Direct download: Douglas_Beck_17.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
I sit down and chat with Mark Skousen about the Freedom Fest Conference as well as the economy and crypto to analyze the shifting market and what’s to come. The economy is picking up and we have been seeing an ongoing inflationary boom. The biggest anomaly, however, is that gold and silver haven’t moved. Could crypto and the digital currency revolution be a key player in the future of our economy? Tune in to find out more, and to hear about Freedom Fest and how you can get involved.

Highlights:
-Interest in Freedom Fest has increased significantly, especially since the pandemic has eased—they had a record crowd at the conference this year
-The economy is picking up
-There is an inflationary boom (labor shortages, supply chain problem, etc)
-Inflation is coming back with a vengeance
-Commodity prices are rising, shortages are developing, wages are going up, and people have more money in their pockets
-The biggest anomaly is that gold and silver haven’t moved
-The only thing that has changed is that crypto/Bitcoin have possibly replaced gold and silver
-Gold went up at the start of the pandemic, and now it’s retracing
-You can guess what is going to happen or when something is going to happen, but not both at once
-Can governments allow cryptos to remain unfettered? They’re probably here to stay
-You can’t eliminate deception and fraud in business, but you can minimize it
-There is regulation that’s coming with crypto because companies are coming out with ETFs and have to get approval

Useful Links:
Financial Survival Network
Mark Skousen

Direct download: Mark_Skousen_14.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
I sit down and chat with the masterminds behind Infinite Making to get an idea of what this company is and how you can financially benefit from their services. There’s a lot of turmoil in the markets and it’s crucial to think about how to grow your money. Infinite Wealth combines various teachings and incorporates a specially designed life insurance policy so that you can see valuable results. Tune in to find out more about this growing company.

Highlights:
-There’s lots of turmoil in the markets, and we need to think about where to put our money and how to make it grow
-Infinite Wealth combines various teachings and incorporates a specially designed life insurance policy
-The product will get you 20% of your results, and the process will give you 80% of your results
-This is designed for cash value, for people that need a place to put their money
-Their purpose is to have as much cash as the IRS will allow
-You pay the same premium, but typical financial advisors get 2.5 times more commission
-They value transparency

Useful Links:
Financial Survival Network
Infinite Wealth Consultants

Direct download: Anthony_Faso__Cameron_Christiansen_13.Oct.21.mp3
Category:general -- posted at: 8:01am EDT

Summary:
Central banks come and go; monetary systems go—but hopefully the US Dollar is forever…right? I sit down with Joseph Salerno to discuss some of the implications of federal spending—which has increased exponentially. It is ultimately essential that we take taxes off minor things in (gold, silver, bitcoin, etc.) just in case the Dollar does crash. Tune in to hear more insight about what’s to come with rates, inflation, and our currency.

Highlights:
-Central banks come and go; monetary systems go—hopefully the US dollar is forever, but we cannot be sure
-Federal spending is out of control—just in the last year, the fed has added $2.5 trillion dollars to the money supply
-This money doesn’t just drive up prices. It enters the economy and goes through Wall Street
-Interest rates are being pushed very low which allows the federal banks to run deficits
-Every time the alarms go off, we step back and don’t resist the tremendous increase in spending
-We need a competitive currency we can use in case the dollar collapses
-We need to take taxes off minor things (gold, silver, bitcoin)
-Congress debates are a rush for power, and economic issues have taken a backseat
-We’re in the midst of national emergency, so economics take a backseat
-The huge spending is hollowing out our economy, making it less productive in the future
-The government has shut down large parts of the production structure, and we are still seeing the effects of this
-If the fed raises interest rates in a serious way, we are going to have a collapse
-We have to stop increasing the money supply and bring spending down as much as possible
-The people who have been saving will benefit from this collapse, or the move back to more realistic pricing
-In this situation, you don’t know what’s happening until it’s too late

Useful Links:
Financial Survival Network
Mises Institute

Direct download: Joe_Salerno_13.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
The underlying theme of the current economic circumstance is that transitory inflation is not so transitory, and I sit down with Jim Welsh to chat about this ongoing phenomenon. It seems that inflation is either going to reach a higher level or plateau, and deflation is most likely going to be the even bigger risk at play. Listen in to hear more from myself and Welsh about what’s happening in the economy and what to expect during this tumultuous time.

Highlights:
-Transitory inflation seems to be yesterday’s meme or theme
-Now purported tapering and employment numbers have to fit within this
-It’s no coincidence that treasury yields are starting to head North
-People wanted to believe that inflation would be transitory
-Inflation is going to reach a higher level or plateau
-Deflation is probably the bigger risk—population growth and lack of productivity growth determine GDP
-We’re going to see a pop in the metals, and gold stocks will probably move higher in the next 3-5 weeks
-The economy at large is slowing
-People can’t spend their money because there is not enough supply to fulfill this

Useful Links:
Financial Survival Network
jimwelshmacro@gmail.com

 

Direct download: Jim_Welsh_12.Oct.21.mp3
Category:general -- posted at: 8:01am EDT

Summary:
It looks as if we had the shortest correction in history within the markets, and I sit down with financial expert Brad Williams to discuss some of these changes. Natural gas prices have gone up with the change in policy—and as a result we have seen increases in other areas as well. Williams advises that we look at the stock market from an investing standpoint rather than a trading standpoint and focus on things that generate income. Tune in to hear more useful tips and insights.

Highlights:
-It looks as if we had the shortest correction in history for the markets
-We are in for a tough winner with natural gas prices going up with the change in policy
-When fuel increases, the cost of everything else goes up
-Is the stock market just beginning to comprehend the disruptions?
-It seems like too many people are looking at the stock market from a trading standpoint and not an investing standpoint
-Un-sound economic policies have consequences
-It’s important to be defensive and look at things that generate income
-It’s hard to imagine what would happen if interest rates normalized at this point

Useful Links:
Financial Survival Network
Brad Williams Financial Services

Direct download: Brad_Williams_12.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
We are constantly wondering what’s next with crypto. I sit down and chat with Gabriele Musella to get some insights on where it’s headed, and some of the services available to allow you to have success with this market. Crypto is converging with the rest of the existing currencies, and is becoming increasingly prevalent as central banks reach the end of their primacy.

Highlights:
-What’s next with crypto? Bitcoin has jumped up to 57,000
-Crypto is heading towards natural convergence with the rest of the market
-Crypto will end up replacing other things within the market
-The US has decided to let the space flourish, whereas other places have been more wary
-Want balance between personal freedom and those that control currencies
-Central banks are perhaps coming to the end of their primacy, and we will see the democratization of currency

Useful Links:
Financial Survival Network
Coin Rule

Direct download: Gabriele_Musella_11.Oct.21.mp3
Category:general -- posted at: 8:01am EDT

Summary:
I sit down with Joel Skousen to discuss international affairs—in light of recent events, people are wondering if China will invade Taiwan, and the global implications of these issues. There is little knowledge around precisely how many warheads China has, which poses a bit of a threat to the US especially. Tune in to listen to myself and Skousen discuss potential future scenarios, and to learn how you can take precautions in the event of widespread controversy.

Highlights:
-Will China invade Taiwan?
-It seems that the US cannot be counted upon
-China has never had any arms control agreement with the West
-They keep saying they only have 375 warheads, but no one actually knows how many the Chinese have—which downplays Chinese threats
-There will most likely be a nuclear war
-Globalists have always used war to push into the goal of a militarized global government
-The US doesn’t have the best warhead advantage
-It might be smart to get out of Bitcoin for when the Internet does go out in a war situation
-The world will probably not knit back together in the same way
-Russia and China are intending to strike—and it will probably be ready towards the end of this decade

Useful Links:
Financial Survival Network
Joel Skousen
World Affairs Brief

Direct download: Joel_Skousen_11.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
Are we witnessing the shortest stock market correction in history, or is there more to come? I sit down with Avi Gilburt to discuss the correction as well as inflationary circumstances that have created a lot of economic speculation. We also talk about energy, which has had great returns, but is not necessarily indicative of the economic state. Tune in to hear more valuable insight on the economy and all of its happenings.

Highlights:
-Are we witnessing the shortest stock market correction in history? Or is there more to come? And what’s happening with inflation?
-We have hit the minimum target with the correction
-If the market doesn’t pull back correctively from the next high, this is going to put us back on track to looking at one more test before we try again
-A lot of this is speculation, and getting an edge
-Energy has had great returns
-We’re expecting more rally within energy
-The big energy issue lately has been natgas
-Some people think higher oil is indicative of the economy doing well, and others think the opposite
-The economy follows the market
-The stock market seems to have always been the leading indicator of the economy
-Inflation isn’t what everyone is making it out to be
-Prices are going up in certain aspects, but the purely economic definition of inflation says that all prices should be going up
-We have a large increase in the money supply, but no velocity of money
-We still have price displacement
-Disappointed with the action of gold
-The IWM is setting up to outperform again
-The dollar is going to be getting more of a rally

Useful Links:
Financial Survival Network
Elliott Wave Trader

Direct download: Avi_Gilbert_07.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
I sit down to chat with Brian Lundin, who will be joining me on October 19th at the 2021 New Orleans Investment Conference. We talk all things economy—addressing the precious metals, China, digital currency, and more. Tune in if you want some insightful updates as well as more information on the upcoming conference.

Highlights:
-October 19th is the New Orleans Investment Conference
-Precious metals don’t appear to be behaving rationally—in the inflationary environment, you would expect to see increases in gold and silver
-Either gold is unresponsive or hyper-responsive
-We’ve seen a typical correction in gold based on history—it’s not out of the ordinary
-The fed is constrained on a lot of fronts, and gold is in a holding pattern right now to see what it can do
-Central bank digital currencies are on the way as a tool to be used for efficiency
-A lot of China’s economy is insulated from the West; there are a lot of western investors
-We haven’t seen things this interwoven before, but China has spread a lot of their economic effects across the rest of the world
-We could have a slow-down in the Chinese economy and it would have an effect on commodities
-The conference will be in-person and it will be like a homecoming for investors around the world
-There’s going to be a blockbuster event with a multitude of top-thinkers in the market

Useful Links:
Financial Survival Network
New Orleans Conference

Direct download: Brien_Lundin_08.Oct.21.mp3
Category:general -- posted at: 7:30am EDT

Summary:
The markets have hit some rough patches today, but this is ultimately inevitable. I sit down and speak with ___ to discuss these issues as well as how we can address them in a realistic and efficient manner. The economy moves in cycles and it’s important to be cautiously optimistic. If you can maximize opportunities no matter what position you are in, then you will see a great payoff. We are all in the same boat in terms of predicting what the economy is going to do, and it’s important to keep a well-informed, level perspective.

Highlights:
-The markets have hit a couple of rough patches lately—is this the start of the long-awaited correction?
-When markets go one way for too long, they reverse eventually
-The economy moves in cycles, and we are cautiously optimistic—which is normal when you’re investing
-It’s about maximizing opportunities in whatever position you’re in
-People have been generally rewarded for taking more risks in the market and being more aggressive, even though there have been pullbacks
-No one has a crystal ball, and we have to read the signs as best as we can
-The system will never be perfectly efficient; there’s no singular algorithm
-It’s never all on or all off. You need to find the balance based on what’s going on
-The key to taking advantage of volatility is having more capital to put down on the market
-It’s hard to get in at the bottom, and it’s hard to get out at the top
-Measuring success in the distribution phase is subjective. You must ask yourself if you’re reaching your specific goals—it’s going to be different for everyone
-You need to continually update your plans

Useful Links:
Financial Survival Network
Stride Financial

Direct download: Sam_McElroy_06.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
A budget proposal was just put out by the government, and Michael Busler comes on the podcast to walk us through this proposal and some of the implications that accompany it. The federal government has spent trillions more than they received in tax revenue during the last two years, which has called for a major tax increase for higher income individuals. While this benefits lower income earners, it ultimately reduces capital formation which is vital within our economy. Tune in to hear more from myself and Busler about what the proposal means and to increase your awareness of this topic.

Highlights:
-A budget proposal was put out, and Michael Busler is going to walk us through this
-The federal government spent $3 trillion more than they received in tax revenue last year, and they will do the same this year
-The plan that Biden puts out takes income away from those that earned it, and gives it to people that have not
-They’re going to provide lower cost/free healthcare, free education, and other benefits that would go to lower income Americans
-Biden says he’s going to tax those that make over $400k per year, but this is only about 1% of Americans—the average American will also see rising taxes
-He states that these plans will not cost anything, nor will they add anything to the debt
-By over-taxing the highest income earners, you reduce capital formation
-With income, you pay taxes, and then with your disposable income you spend or save it
-Most people spend most of their disposable income
-Wealthy income owners still have much income leftover to save and invest, which becomes new capital for the economy (which we need in our economy)
-This tax increase thus takes away from this new capital. This could lead to a capital shortage, which means businesses would have to raise prices
-This only helps the lowest income earners, and everyone else will feel the negative impacts of this plan
-They need to raise the debt ceiling relatively soon
-It will replace individual responsibility with social responsibility
-America became so prosperous because it encouraged individual freedom/responsibility as well as low taxation, and government role was very limited
-Biden’s current plan goes against those values

Useful Links:
Financial Survival Network
Michael Busler - Facebook

Direct download: Michael_Busler_06.Oct.21.mp3
Category:general -- posted at: 8:00am EDT

Summary:
Todd Bubba Horowitz and I catch up on all things economy, and address some of the negative changes that have incurred over time. Essentials such as energy are going up in cost, and water is also seeing a major price increase. We are facing a currency crisis as a result of the inflationary circumstances, and debt is bound to accrue in light of this. Tune in to hear more from Horowitz and myself, and get up to speed on the economic situation.

Highlights:
-Most things you do to survive requires energy, and energy costs are going up
-We are in the infancy of this mess; it can be fixed easily, but it will not go this way
-Water is also going to go up in price—we’ve had water shortages and will have to de-salinize
-As an America it is your duty to minimize your tax burden; there’s a difference between tax evasion and tax avoidance
-Many Americans only focus on being able to make monthly payments—not the bigger picture
-Replace appliances when you can—you never know what will happen with the supply chain
-The more governments try to prevent crypto-space, the more powerful it will become
-Don’t take all your money and put it into one thing—it’s good to have diversity. Gold, however, is critical
-We have a debt-based currency - “buy now, pay never” plan

Useful Links:
Financial Survival Network
Bubba Trading

Direct download: Todd_Bubba_Horwitz_05.Oct.21.mp3
Category:general -- posted at: 8:01am EDT

Summary:
The supply chain has raised a lot of concerns, especially in consideration of the upcoming holiday season. Carl Gould comes on the podcast to talk about this, and to give advice on what we can do to compensate for these disruptions. If you see something that you know you’re going to need, it’s probably wise to get it now—especially if it’s trendy, or comes from a manufacturer overseas. Tune in to get advice on how to adjust to some of these changes in preparation for the coming months.

Highlights:
-The supply chain has been affecting all aspects of life lately—if you see something you want now, it’s best to go ahead and get it
-Especially in consideration of the holiday season, it’s important to start thinking about purchasing things soon since the supply chain is so far behind
-Popular and trendy items will be especially hard to get ahold of at this point
-The category of item will likely be available, but not the specific item itself
-We don’t have the labor force to load/unload ships and ships are leaving without being fully loaded
-Secondary markets are equally robust, and worth considering (i.e. Ebay, Facebook Marketplace, Poshmark, etc.)
-The supply chain disruption affects many areas of your life
-Anything coming from overseas, especially apparel, is going to require a long wait
-Europe is going to have disruptions as well
-It may be a good year to give things that are experiential rather than tangible

Useful Links:
Financial Survival Network
7 Stages Advisors

Direct download: Carl_Gould_05.Oct.21.mp3
Category:general -- posted at: 8:00am EDT



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