Financial Survival Network

Financial Survival Network

By Kerry Lutz

A show about how to thrive in the New Economy. It's All About What's Next!


Inside Uranium and the Nuclear Future - Justin Huhn #5769

Summary: The raging bull on uranium since the introduction of the ETF has been a catalyst for driving uranium prices higher. Here to talk specifically on this sector is Justin Huhn, the Proprietor of Uranium Insider, who comes on the show to discuss where things are headed. Justin describes learning about the Uranium thesis through a podcast back in 2016; he was intrigued by the performance of the previous bull market and investors’ success, and more significantly, the prospect of something like this happening again. What happened next was the transition from a simple supply and demand story to a nuclear renaissance of sorts, with the gradual re-introduction of nuclear reactors occurring in several parts of the world. Justin explains how this trend will likely expand, and how our energy philosophy is developing as a result. Tune in for more valuable insight.  Useful Links: Financial Survival Network Uranium Insider
29/03/23·15m 29s

Trading 101: A Professional Stock Market Trader & Investor’s Career Journey - Anmol Singh #5768

Summary: How do you make money in today’s markets? Is there a particular trading methodology or system that you can use to outperform the markets? This episode follows the journey of Anmol Singh through his career as a trader as he recalls what is what like starting out in the markets, and how he got to where he is today. He was struggling in the search for a job/internship towards the end of his undergraduate career, and began educating himself on trading—reading literature, watching videos, and eventually seeking out a mentor that he went to work for. His prop firm experience allowed him to make mistakes early on; with good risk parameters in place and smaller amounts of money to trade, Anmol had about 2-3 years of real trial and error before he was able to start making a living off of trading. He has now been trading for 13 years, and founded Live Traders to inform aspiring traders and provide them with the tools for success. We cover some trading fails, what makes a good Live Traders student, and the importance of well defined systems for trading. Tune in for more great insight.  Useful Links: Financial Survival Network Live Traders Anmol Singh Instagram
28/03/23·13m 5s

Fed Talks the Talk - Dennis Miller #5767

Summary: Retirement mentor Dennis Miller joins us in this episode with a message targeted towards those who may be wondering how and if they can retire in these conditions. He traces back to late 1999 when banks and brokerage firms merged, and how the great consolidation of banking has continued to affect the economy to this day. With a extra money in the system and rampant inflation, many have had to reconsider their future plans for retirement, and many already-retired individuals have re-joined the workforce. In the face of economic uncertainty and constant change, there are a few ways to preserve your buying power and protect yourself from inflation, and Dennis provides some insight on this. Tune in for more retirement strategy tips that account for where the economy is headed.  Useful Links: Financial Survival Network Miller On The Money
27/03/23·15m 36s

Tax Planning on Steroids with the Tax Goddess - Shauna Wekherlien #5766

Summary: Tax time is rapidly approaching and we’re all looking for ways to keep more of our money. Thankfully, this episode’s guest is an expert in this and is here to talk about some of the best tax strategies in the game. Shauna Wekherlien, known as the Tax Goddess to her clients, is part of the 1% of CPAs in the country that is certified in tax strategy, meaning that she is the person to talk to if you want to save big money. Shauna says that there are a couple of avoidable mistakes people make when trying to cut down their taxes: they may consult a CPA that does not have the required strategic expertise, or they consult an expert about strategy after the year is over. 98% of the most effective strategies need to be performed within the year, so it’s crucial to speak to the right individual early on. Shauna shares some of her favorite strategies and explains how/why they work; she also dives into some methods that you may have not considered or did not think feasible. Be sure to tune into this episode for more fascinating insight.  Useful Links: Financial Survival Network Tax Goddess
24/03/23·25m 18s

Oil Shale Era Coming to an End - Grant Norwood #5765

Summary: Grant Norwood comes on the show to give his take on the state of the oil patch, and it looks like the shale era is coming to an end—for oil, at least. We discuss the progression towards an electrified fuel economy that has everyone wondering how long the transition would take, and if this could sustain future energy needs. Grant talks about the current difficulties with acquiring funding for reserves, and says that we would need to take at least half the cars off the road that use fossil fuels to position ourselves for a better future. We also discuss where oil prices are headed, and Grant provides predictions based on government policy, the lack of new supply and companies shutting down. Tune in for more valuable insight.  Useful Links: Financial Survival Network Norwood Energy
24/03/23·22m 4s

Make the Fed Work for You - Dr. Larry Marsh #5764

Summary: How do you make the Fed work for you instead of against you? Dr. Larry Marsh, professor of Economics at the University of Notre Dame, appears in this episode to discuss this topic. Drawing from the subject matter of his latest book, Optimal Money Flow, Dr. Marsh emphasizes the importance of being a long time player in the stock market—explaining how average yearly stock market growth factors into the profitability of ETFs over many years. Moreover, a mentality of frugality allows one to secure future financial stability rather than fleeting wins. Dr. Marsh highlights multiple key takeaways from his book, such as the appropriate level of government involvement within the broader economy and how to gauge investment decisions based on the circumstances. Tune in for more valuable insight, and use the link below to purchase a copy of Optimal Money Flow. Useful Links: Financial Survival Network Optimal Money Flow
23/03/23·30m 58s

Time to Sell Your Mortgage - Abby Shemesh #5763

Summary: The secondary market for mortgages is gaining a lot of attention, and Abby Shemesh, the Co-Founder and Chief Acquisitions Officer of Amerinote Xchange, joins us in this episode to discuss note buying and the opportunities in this sector with relevance to the current economy. Abby started his career in originations—the primary mortgage market—and learned about the secondary market as the company he was with started to expand across the East coast. He made the full transition to this market in 2006, founding Amerinote Xchange, and hasn’t looked back since. This market became saturated in 2008 when more people started to discover secondary strategy; today, Abby says that they are now experiencing tremendous activity that they haven’t seen in 14 years. They expect to see increased owner financing—accounting for the lag from the time that interest rates go up—and predict that a lot of the notes created in 2023 will hit the market around this time next year. Furthermore, Abby dives into the note buying/selling process, touching on the criteria for selling a mortgage, the benefits of seller financing, and what determines the attractiveness of a note. Tune in for more useful insight on the secondary market. Useful Links: Financial Survival Network Amerinote Xchange
23/03/23·28m 14s

Storage Investment Wars - Travis Baucom #5762

Summary: There are a lot of different ways to invest in real estate, and previous guests on FSN have elaborated upon the storage industry as it becomes more prominent. Travis Baucom appears in this episode to talk about his experience within storage, and it started a few years back when he decided he wanted to increase his wealth and invest in something less risky and less involved. After years of buying foreclosures and flipping hundreds of properties, he was ready for a different niche within real estate: storage facilities. After doing some research, it quickly became clear that self storage had some of the best cash flow in comparison to other asset classes. Travis and another broker ended up purchasing a facility together, and have been operating a very successful business since then. Travis touches on some of the variables that contribute to cost minimization, as well as the future of self storage business models. Tune in for more insight.  Useful Links: Financial Survival Network Balcomie Capital
22/03/23·21m 31s

What You Can Learn from Great Aunt Edna - Mac McNeil #5761

Summary: All successful leaders have one thing in common: a Great Aunt Edna. Mac McNeil— an author, former Military Intelligence Analyst, and leader in business—appears in this episode to talk about the ‘E.D.N.A.’ philosophy and why it is foundational to leadership. Mac was, in fact, inspired by his real Aunt Edna, but the acronym symbolizes a Leadership culture of Excellence, Doing Things the Right Way, No Shortcuts, and Accountability. The purpose of EDNA is to make people think about the culture they are fostering when managing others. As a leader, you may have moments where you are “in the wilderness,” or alone in your pursuit, but these moments can help you solidify your ‘why’ and grow stronger. Mac highlights how it looks to have an opportunity mindset—positioning clients for a successful future—and discusses the spirit of excellence that himself and his colleagues uphold. Tune in for more amazing insight from a key thought leader, and use the link below to pre-order Mac’s book.  Useful Links: Financial Survival Network My Great Aunt Edna Book
22/03/23·20m 2s

Decode Your Financial Blueprint - Judy Wilkins-Smith #5760

Summary: What do we do about the the negative mindset surrounding money and bad spending habits we inherit from previous generations? Bestselling author, coach, and mentor to numerous Fortune 500 executives—Judy Wilkins-Smith—appears in this episode to address breaking free from financial patterns that weave throughout families and society at large. When you begin to look at your thoughts, feelings, and actions around money, and the events in your life that have influenced your concept of personal finances, you can understand some of the unresolved patterns that are blocking you from reaching your goals. Not only do our personal lives and familial perceptions of money influence these thoughts; global events can also trigger meta-patterns that control how we act and react around money. Judy emphasizes that money isn’t a commodity; it’s a relationship, and a positive relationship with money can enable us to serve humanity in a valuable way and experience true freedom. Tune in for more insight.  Useful Links: Financial Survival Network Judy Wilkins-Smith Decoding Your Emotional Blueprint
21/03/23·21m 38s

All-Too-Familiar Systemic Risk - Lobo Tiggre #5759

Summary: The war, the breakdown of international supply chains, and de-globalization coupled with the lasting effects of the pandemic shutdowns have made for a complex financial reality. Here to discuss this is precious metals analyst and speculator Lobo Tiggre, who emphasizes the value of the precious metals amid the downfall of dollar supremacy. Underneath the guise of optimism and reassurance is the bitter truth that, no matter how careful you are about the bank you use, there is always inherent currency risk. Is there any method that guarantees the safety of your money? Tune in to find out.  Useful Links: Financial Survival Network Independent Speculator
21/03/23·31m 5s

IRA and 401k Hacks - Craig Wear #5758

Summary: If you have a large balance in your IRA account, Craig Wear is the person you want to hear from. He joins us in this episode to talk about how he got into retirement investing, and the important lessons he learned about Roth conversions that he uses to guide IRA millionaires through their finances. He emphasizes that timing is key, and that one must get to a higher tax bracket, convert over a smaller period of time, and convert in greater dollar amounts than they are likely comfortable with in order to get the real tax benefits. Since this is not a one-size-fits-all strategy, it’s important to work with someone who is specialized in this niche are of tax advising to determine your personal needs and the most effective approach. Tune in for more information, and use the link below to download Craig’s free ebook.  Useful Links: Financial Survival Network Free Seminar from Craig Wear Craig Wear
20/03/23·15m 25s

Prepare for the Fed’s Inflation Retreat - James Locke #5757

Summary: The CPI report, interest rate hikes and cuts, and the banking crisis are all at the forefront of our attention. With these factors at play and the odds of a recession increasing, what can we expect for the near future of inflation? James Locke comes on the show to talk about this, and emphasizes that the Federal Reserve’s desired soft landing will be hard to come by. Based on the Producer Price Index, the Fed is bringing inflation down, but there are still a number of things that need to take place in order for the situation to improve. Tune in for more expert insight.  Useful Links: Financial Survival Network Poole Locke Associates
20/03/23·23m 35s

Banking Black Swans Descending - John Rubino #5756

Summary: John Rubino joins us in this episode to unpack the emerging banking crisis, which has become extremely prevalent recently. Last month, Jim Cramer said that Silicon Valley Bank was the pick of the decade, and this week, it ceases to exist. The same is true for Signature Bank, which was the only other bank that went bankrupt this week—making that two failed picks from Jim Cramer in the span of a year. It seems that the banks’ delayed reactions to yield curve inversion have created confusion and misleading outlooks on the economy. The yield curve inversion did not hurt the banks immediately, but we are now at the point of inversion where it does start to hurt the banks. Furthermore, even if a capitulation comes sooner rather than later, we will still see a recession this year—dissolving the illusion that we’ve been living under for so long. Tune in for more insight.  Useful Links: Financial Survival Network John Rubino Substack
17/03/23·29m 5s

Torq Resources Seeks to Expand Santa Cecilia Copper-Gold Discovery

Torq Resources’(🇺🇸TRBMF -- 🇨🇦TORQ) CEO and Chair Shawn Wallace joined us for a sponsor update. Fresh off a C$6.26 financing, the company is flush with cash. A fully funded 15,000 meter drill program focused on their Santa Cecilia Project has commenced. The project has been progressing rapidly. Challenges have arisen, ” … mostly external to the project. In a normal world, which we certainly aren't right now … we could have done it more quickly, but you can't really speed up the science and the process to make good decisions”, CEO Wallace stated. In the face of these challenges, the company’s Chilean team picked up the baton and ran with it. According to Wallace, they are equal to or superior to any talent he’s worked with. While it’s been over a decade since the discovery was made, he observes that, “We have the privilege of following up on historical work that defined 1.5 km of continuous vertical mineralization, starting at surface in an epithermal gold system and then transitioned into copper porphyry mineralization. There are multiple porphyry centers on this project, so this is only the beginning of a significant drill campaign...” The first two drill holes will take place in the Cerro del Medio target, which is centrally located on the project. Torq has strong local community backing. Chile is stable. The Chilean People made their voice heard during the recent referendum. Now it’s a matter of waiting for the drill results, which should prove that Torq is extremely undervalued. Other companies are watching the project closely. With end users around the world stepping up to insure reliable sources of EV metals, Torq’s market position could get very interesting very quickly. Company Website:
17/03/23·15m 22s

Watch Out for the Big Banks - Avi Gilburt #5755

Summary: Banks blowing up have made for a crazy last couple of days on Wall Street. How are these circumstances going to affect the broader market? Avi Gilburt comes on the show to talk about what is happening with regard to the bank situation; last week, the market gave us a nice setup for a decline to the 3800 region, and things could go in multiple directions. The banking sector has been looking unhealthy for a few years now, and Avi predicts that a lot of banks are going to continue to face major problems—especially the bigger ones. How we handle the floor and resistance in the next week will give us some more insight about how the market is going to react over the coming weeks and months, so stay tuned for what’s to come.  Useful Links: Financial Survival Network Elliott Wave Trader
17/03/23·14m 8s

Finding Turnarounds - John Paul Mendocha #5754

Summary: Working with turnarounds can be one of the most profitable and satisfying activities, and a major proponent of turnaround opportunities comes on the show to speak in depth about how this process works. During the pandemic, John Paul Mendocha decided to use his experience in the turnaround business to start teaching individuals about this pursuit. His company, Turnaround Engine Network, helps entrepreneurial-minded individuals learn how to find turnaround opportunities and implement strategies to execute on these opportunities. They are creating a network of people that know what to look for and how to look for it, and more importantly, are willing to put in the work that it takes to successfully rescue/revamp a business. Tune in for more insight.  Useful Links: Financial Survival Network Turnaround Engine Network John Paul Mendocha
15/03/23·16m 35s

Investing in Wine/Spirits for Fun and Profit - Maxwell Nee #5753

Summary: On FSN, we’re always interested in hearing about investing alternatives, and the focal point for this episode is wine and spirits. Fine wines have historically out-performed many indices over the years, and the last few years have been no exception—yielding returns in the double digits. OenoGroup’s Managing Partner, Maxwell Nee, comes on the show to talk about this sector and how he came to realize the potential within it. Learning about the pricing of spirits and how wine and whisky appreciate with age drove Maxwell to enter the business, and he helps other people invest in this sector. We discuss financial models, the best up and coming markets for wines, and factors that have significant control over a wine/spirit’s price. Tune in for more insight on this fascinating investing opportunity from an expert in the field.  Useful Links: Financial Survival Network Maxwell Nee OenoGroup
15/03/23·20m 13s

Make Returns on Real Estate Investment in 2023 - James Dainard #5752

Summary: Interest rates continue to go up, and the Fed is promising another 50 basis point hike. How is this affecting the real estate market, and is real estate still the place to be? Here to tackle this topic is Real Estate Investor James Dainard, who sheds light on the ways that the Fed rate hikes have impacted real estate in the Pacific Northwest. Higher interest rates have slowed down the disposition, creating more expenses, and have greatly affected the value of flipped homes—especially in the beginning. James says that, although we have yet to see the end of rate increases, there is always a way to make a return in real estate. Transitions in the market unveil opportunities in different places, and James discusses some of these. Tune in for more insight.  Useful Links: Financial Survival Network James Dainard
14/03/23·14m 23s

Are You Ready for the Crash of '23? Michael Markowski #5751

Summary: Is there a financial crash in our future? Michael Markowski has predicted all three major crashes since 2007, and appears in this episode to tell us why we’re on the road to another. He makes a couple of significant predictions: a 69% decline from the peak to the trough for the S&P 500 and a third US Great Depression that will set in by the end of the year. Michael describes some of the ways in which the S&P 500 can go down by a minimum of 45% (which is required for a depression to occur) and that this decline can be anticipated by understanding investor psychology. Secular markets in particular condition investors to be either fearful or greedy, shifting attitudes towards risk. Michael discusses his company, AlphaTack, and their algorithm-backed strategies that introduce investors to hedge funds with the goal of “growing assets against the wind.” He explains how they integrate in-depth research and market data to provide solutions to investors, and names some sectors and allocation targets they’re working with. Tune in to this episode for expert insight on the crash, and tips on how to prepare.  Useful Links: Financial Survival Network AlphaTack Link to Michael Markowski's presentation slides
14/03/23·42m 25s

Recessions are Transitory - Anthony Saccaro #5749

Summary: As the Fed prepares to raise interest rates at least 50 points higher, everyone is wondering what lies in store for housing, the economy, and our portfolios. Here to discuss this is Anthony Saccaro, financial expert and founder of Providence Financial & Insurance Services. The plan to continually hike up interest rates is designed to lower inflation to 2% or 3%, but this will inevitably fuel a recession. The length and depth of this recession ultimately depends on how much longer the battle for inflation goes, and low unemployment seems to be keeping inflation high. Tough times ahead imply that it is essential to reconsider investing strategies, and Anthony assures us that we can count on interest and dividends for now. Tune in for more information on what’s to come. Useful Links: Financial Survival Network Anthony Saccaro
13/03/23·20m 56s

Why You Should Diversify Into Southeast Asia - Reid Kirchenbauer #5750

Summary: If you’re looking for a great way to boost your portfolio, it’s worth learning about investing in international markets as a method of diversification. Invest Asian’s Managing Partner, Reid Kirchenbauer, comes on the show to talk about his experience navigating business in Southeast Asia, and what drove him to invest in this market. Relocating to Thailand at 18 years old, Reid earned his degree from one of the top universities in the area and entered the real estate market. He started out with buying a condo in Thailand, which he rented out, and later bought apartments in Cambodia and other countries throughout the region. Reid sees the growth potential within the Asian economy, and started Invest Asian to help foreign investors diversify into this region. Tune in to this episode for more insight. Useful Links: Financial Survival Network Invest Asian
10/03/23·12m 35s

Ukraine War and Continued Power Struggle - Carl Delfeld #5748

Summary: Carl Delfeld joins us in this episode to discuss the ramifications of the Ukraine war to the US, Russia, and China, and its role in the ongoing struggle for power. The situation at hand has allowed China to rise up even more, and Carl contends that it will be easy for them to dominate Eurasia, as they are already a superpower in Asia to some degree. They are still facing their own challenges, however, specifically with the real estate market and accumulation of debt. Moreover, Carl says that the biggest mistake would be for the US to become complacent, and emphasizes the need for smart diplomacy moving forward. Tune in for more insight.  Useful Links: Financial Survival Network Power Rivals: America and China's Superpower Struggle
09/03/23·15m 37s

Strategies for Retiring Right - Brad Barrett #5747

Summary: Is there a universal formula for retirement planning? Brad Barrett comes on the show to talk about tailoring your retirement plan to your interests and goals, which is the premise of his recent book, Retire Right: Secure the Right Path to Your Retirement. Retirement planning entails considerations that are subjective amongst individuals, and Brad finds it helpful to start by assessing a client’s long term vision and behavioral financial DNA, or the psychology behind their finances. Furthermore, he explains that income and assets are a married concept, and highlights the importance of assets earning for you relative to your distribution rate. Tune in for more useful information about preparing for retirement.  Useful Links: Financial Survival Network Retire Right Book
09/03/23·21m 56s

The World According Martin Armstrong Part 3, The Rise of the Neocons #5746

Summary: Martin Armstrong joins us in this episode to give his perspective on what’s happening in the world—addressing topics like the war in Ukraine, gold, central bank currencies, cryptocurrency, and more. We discuss what’s in store for the war and whether there is an end in sight, noting the US’ tendency to get involved in endless wars with no strategic defense. Furthermore, Russell emphasizes that the market will eventually break to the upside, and that capital will move from the bond markets and into the private sector. Tune in to this episode for more expert insight.  Useful Links: Financial Survival Network The Rise of the Neocons / Armstrong Economics
08/03/23·36m 12s

Interest Rates Will Never Go Down - Russell Stone #5745

Summary: We received the latest Purchasing Managers’ Index report on Friday—which was anything but inspiring. Russell Stone comes on the show to talk about where these numbers come from and the motivation behind them.A deeper look into each of the economic trends makes it apparent that they are skewed towards optimism and distort the reality the situation. Russell points out that a lot of focus is placed on the sectors that are performing well, while the struggling sectors are somewhat ignored. This creates misdirection, and fails to shed light on the real problems at hand. With debt skyrocketing and nothing to back the US dollar, more and more countries pull away from our national currency. A precarious future awaits…Tune in for more insight.  Useful Links: Financial Survival Network Scranton Financial Group
07/03/23·21m 7s

Will War Break the Dollar’s Back? - Robert Kientz #5744

Summary: Robert Keintz from Gold Silver Pros joins us in this episode to discuss to inflation, forged numbers, the war in Europe, and the numerous other factors contributing to the economic decline we’re currently facing. We’re in a short term economic deflationary cycle that is becoming visible in multiple areas, but housing affordability in the US is at an all-time low nonetheless. We’re headed into a recession sometime this year, which will wake people up to a lot of the problems that have persisted for over a decade and are finally coming to light. Meanwhile, the rest of the world is strengthening their own systems and currencies to prepare for what’s to come in the US economy. Tune in for more insight.  Useful Links: Financial Survival Network Gold Silver Pros
07/03/23·23m 25s

Latest Look at Uncertain Markets - Michael Moor #5743

Summary: I sit down and chat with Michael Moor to address the uncertainty of the markets—which have been all over the place recently. We go over a series of charts, starting with energy; Natgas hit a bottom and is now heading up. And it looks as if oil could be heading lower for a while. Michael points out the three different time frames of biases, and explains why the bearish bias is on a hold at the moment. We should receive clarity on the direction of the trend within the next couple of weeks, and it’s important to be aware of what the cracks are doing. Furthermore, Michael offers some strategies for gold, and he advises picking certain spots to buy against and pay for your trade. Ultimately, looking at the market on a daily/weekly basis is the only way to to truly understand where your risk is. Tune in for more insight.  Useful Links: Financial Survival Network Moor Analytics
06/03/23·28m 50s

More of the Same from Central Banks - Marco Dondi #5742

Summary: Marco Dondi appeared on the show a year ago to discuss his book, Outgrowing Capitalism, which suggests a re-consideration of the financial system and money allocation for smoother transitions within the global economy. Since we last spoke to him, a lot has taken place, but there has been very little change with regard to how monetary policy is conducted. We have officially hit the ceiling of money creation that our economy can sustain, and one burning question determines what comes next: How do we pull back? Tune in to this episode to find out.  Useful Links: Financial Survival Network Outgrowing Capitalism Outgrowing Capitalism Book
03/03/23·19m 38s

New Recession Coming in June - Gordon T. Long #5741

Summary: Despite news about about mass layoffs and declining job numbers, we still saw a stellar labor report last month. What can we gather from these manipulated statistics? Gordon T. Long joins us in this episode to shed some light on the confusing circumstances—consisting of employment numbers so large that feelings about whether or not the Fed was going to pivot (and how soon) reversed entirely. It’s clear that they’re pushing a false narrative, and despite big goals to lower inflation, we will be lucky to get it down to 4%. Furthermore, economic factors such as globalization, financialization, and mercantilism have all endured massive changes—priming us for an era of stagnation. Tune in for more expert insight.  Useful Links: Financial Survival Network MATASII MATASII Newsletter for This Week MATASII Free Newsletter Sign-Up MATASII 2023 Thesis Paper
02/03/23·28m 21s

Low Risk Real Estate Investing - Jon Jasniak #5740

Summary: If you’re looking for a great real estate investment opportunity, this episode’s guest is worth checking out. Jon Jasniak is a successful land investor and entrepreneur that buys, sells, and flips land for a profit. He is based in Texas and primarily does it himself, but he has students all over and offers numerous resources to educate people on land investing. Even in the current market, Jon notes the great demand for raw land outside city limits, and sources an abundance of deals online. Tune in to hear more about this profitable venture and Jon’s real estate insight.  Useful Links: Financial Survival Network Jon Jasniak
01/03/23·18m 56s

Trump Eggs and Trump Water are Coming - John Rubino #5739

Summary: Is the inflation scare over, or has the true scare yet to come? John Rubino joins me in this episode to discuss numerous factors that allude to the worsening of inflation before anything remotely positive takes place. The economy needs to roll over in order for the Fed to go back to easing; in this case, a good jobs report and housing report promote further tightening. This is bad news all across the board because we’ve already tightened enough to trigger a recession—with the effects are showing in the housing industry, automotive industry, and many other areas. Will we ever escape the feedback loop that ends in disaster? Tune in to find out.  Useful Links: Financial Survival Network John Rubino Substack
01/03/23·33m 5s

Counterproductive Solutions for Inflation - Eddy Gifford #5738

Summary: Does the government want to solve the inflation problem, or do they need it to stay this way for a bit? Eddy Gifford comes on the show to discuss this topic, and points out the contradictory effects in place. Powell has stated that their primary goal is to fix inflation, but interest rates keep going up. This means that the stock market could roll over and push up the cost of housing—which is one of the primary indicators in the CPI. Interest rates are ultimately defeating ht purpose of what they’re trying to accomplish, and thus, it’s important to protect yourself during this time. Eddy recommends having a proactive investment strategy and paying off debts. In addition, investors should look towards treasuries and annuities to prioritize liquidity in particular. Tune in for more expert insight.  Useful Links: Financial Survival Network Tactive Wealth - Eddy Gifford
28/02/23·17m 57s

You Need to Revenue Source Your Retirement - Dennis Tubbergen #5737

Summary: Dennis Tubbergen—and Austrian School of Economics Devotee, Retirement Planner, and prolific Author—joins us in this episode to discuss why planning for retirement today is different than it was during your parents’ generation. Changes in the economy over many years demand a strategic shift, and Dennis came up with revenue sourcing to reflect patterns within currency and the broader economy. He suggests designing an income map that accounts for how much you’ll need during retirement, and owning a bucket of assets linked to something tangible that will perform well in an inflationary environment. Tune in for more information on effectively planning your retirement.  Useful Links: Financial Survival Network Retirement Lifestyle Advocates Revenue Sourcing Book
27/02/23·20m 7s

Preparing for Gold’s Next Big Move - David Erfle #5736

Summary: Where are precious metals prices heading, and will they have any effect on the junior mining sector? David Erfle comes on the show to talk about the current frustration in the sector, which is unsurprising when we account for past, present, and future factors shaping the metals industry. Gold price went up $350 in 3 months after a false breakdown, and made a 55% move over 4 months in the stocks. In addition, we’re seeing merging and acquisition as well as the return to gold amid destruction of the global economic system. It seems that gold always does what it should, but never when we expect it to, so it’s crucial to be ready when the correction finally comes to an end. Tune in for more insight.  Useful Links: Financial Survival Network Junior Miner Junky
24/02/23·24m 4s

Top Cuban Spy Released from Prison - Chris Simmons #5735

Summary: Not more than two weeks after we last spoke with Chris Simmons, the author of Castro’s Nemesis, one of the Cuban spies he helped catch was released from prison. After serving 20 years, the Pentagon and Justice Department were focused on getting this spy a plea agreement, and she pled guilty to one count of conspiracy to commit espionage. Cooperation was difficult to foster in the early stages of interrogation, but through various strategies, their expert team was able to gradually gather information. Furthermore, Chris talks about international relations, and differing views amongst nations regarding what espionage comprises. Tune in for more insight from a master spycatcher.  Useful Links: Financial Survival Network Castro's Nemesis Book
23/02/23·18m 8s

Gold Stocks to Reach New Bull Market Highs - Bob Hoye #5734

Summary: The shifting markets have caused many to closely evaluate their portfolio strategies for the year. Why should you keep buying mining stocks? Economic historian Bob Hoye appears in this episode to discuss the potential in the mining sector in light of a study evaluating the gold divided by commodity index and declining mining costs. Bob emphasizes that, with a bear market, it’s best to clear out declining stocks and wait for opportunities to come—and it looks like there are great opportunities ahead for gold. Tune in for more valuable insight.  Useful Links: Financial Survival Network Charts and Markets
23/02/23·30m 46s

Interest Rates Ready to Top Out - Chris Vermeulen #5733

Summary: Will the January effect carry through to February? It looks like the trend has run its course, but Chris Vermeulen comes on the show to talk about what’s in store for the rest of the year—including a possible rebound in the coming months. Growth stocks are performing better with a significant amount of money flowing into them, and we’re seeing what Chris calls a “complacency rally.” There’s been a lot of pressure on gold, silver, and miners as the US dollar starts to rally, and growth stocks are holding up despite fear in the market. Interest rate hikes will continue, but Chris says that we could see everything come full circle by the end of the year. If we can survive the dip and avoid panicking at the.bottom, we might just have a decent year. Tune in for more insight.  Useful Links: Financial Survival Network The Technical Traders
22/02/23·22m 34s

Passive Investing for Success - Whitney Elkins-Hutten #5732

Summary: Are you looking for a passive investing opportunity with lots of advantages and few risks? If so, you’ll definitely want to tune in to this episode featuring Whitney Elkins-Hutten, the director of investor education at Whitney defines passive investing as investing in assets that produce a stabilized monthly/quarterly cash flow and provide diversification to the portfolio. In essence, you’re not trading time for cash flow; you make the investment once and monitor it from there—which is why passive investing is a great opportunity for busier individuals that want to generate another stream of income. Since 2018, Whitney’s team has exited 8 multi-family deals, and their distributions get paid out monthly or quarterly. She explains that are some risks at play—with the potential to lose capital or suspend cash flow—but they have strategies to mitigate this risk and ensure great returns on your investment. Tune in for more information.  Useful Links: Financial Survival Network - Whitney Elkins-Hutten
21/02/23·22m 16s

You Need to Become a Creator - Eddie Yoon #5731

Summary: We’re seeing a lot of trends in the economy with specific regard to employment—as more companies announce mass layoffs, there seems to be a larger factor at play. Eddie Yoon joins me in this episode to talk about the grand shift that is taking place in the professional sphere, fueled by the transition from a knowledge-based economy to a creator-based economy. What this means is that the qualifications that were once absolutely necessary for white collar careers (i.e. college education or higher training/certifications) are becoming less valuable for particular roles; subsequently, some of the roles themselves are now obsolete. We’re seeing a major decrease in roles where one’s responsibilities would entail managing other knowledge workers, which is massively impacting the job market as a whole. Furthermore, Eddie and I discuss other future innovations, such as artificial intelligence, that are already shifting things within the economy and the employment sphere. Listen in for more information and insight.  Useful Links: Financial Survival Network Eddie Would Grow
20/02/23·32m 13s

Trillion Energy's Cash Flow to Double in Coming Weeks

We were joined by Trillion Energy’s (TCF 🇨🇦: TRLEF 🇺🇸: Z62 🇩🇪) CEO Arthur Halleran for a sponsor update. First, Art dispelled all concerns of a possible equity raise. He explained that the ongoing drill program well-funded, with materials and consumables for the first 7 wells currently being warehoused at their onshore facility. The company has ample cash on hand, and as additional wells come on-stream, cash flow will only increase. They received a $6.9 million cash call from their partner and another $7 million is expected in March. Art emphasized that he is not looking to dilute his shareholdings any further. To date, Trillion has drilled 4 wells to completion. Two are producing, and the other two are awaiting equipment to finish perforation and production. The equipment has been delayed slightly due to the recent earthquake. Art explains, this is nothing out of the ordinary. When you’re drilling in water, logistics issues always arise. One of these wells is quite prolific, with 73 meters of measured pay. Once production ramps up, Art expects cash flow to double from its present level. He had more good news; SASB reserves are going up substantially. As the company drills more wells and produces ever more gas, reserves are soaring. Trillion’s reserve valuation, a net present value basis, is way higher. And the increase will continue as more wells come on-stream, at least 13 for 2023 and even more for 2024. With more wells, comes more cash flow. At some point, the market will make a startling discovery that Trillion is selling at a huge discount. Once perception equals reality, shareholders like us will see huge returns on their investment.
19/02/23·14m 21s

The Oil Patch Isn’t Going Anywhere - Dee Carter #5730

Summary: Energy prices are heading up, but the CPI isn’t. What’s really happening in the energy sector, and how is it being affected by the economy at large? Dee Carter appears on the show to provide us with some insight, and emphasizes that the real concern exists in the oil/petroleum department. We’re not consuming as much right now because we had a relatively icy winter—causing people to drive less—but ultimately prices will go back up as consumption returns to normal. Although we’ve seen majo advocacy for green energy in the political space, everything that we’re doing is built around the petroleum industry, so it’s not disappearing anytime soon. With five major refineries working at 100% capacity, there is a large supply of oil that has yet to become available for use. Dee suggests that we need to be an exporter of products in order to bring the CPI down once again, and says that it is necessary to reconsider investment strategies for income going forward. Tune in for more information.  Useful Links: Financial Survival Network Carter Financial
17/02/23·15m 12s

FURY Targets New Gold Discovery Opportunities with CEO Tim Clark

We were joined for a sponsor update by Fury Gold Mines’ CEO Tim Clark and Exploration SVP Bryan Atkinson ( FURY). The good news keeps on coming. 2022’s last three drill holes were recently released. Multiple zones of high-grade gold were drilled at the Hinge Target, including 22.77 g/t Gold over 1.5 meters. So far, they hit gold in 55% of the Hinge drill holes. In addition, they just defined six targets along the Cannard Deformation Zone at Lac Clarkie. CEO Clark was quite pleased with these results. 2022 marked a year of transformation for Fury. Among the highlights were the sale of Homestake Ridge project to Dolly Varden Silver for cash and shares, and the disposition of C$6.8 from a partial sale of their position. Closing of a C$11 million private placement that brought on a Canadian corporate investor and a well-know US institutional investor. Consolidation of the Éléonore South Joint Venture with Newmont, thus facilitating the JV’s drilling. 25% extension of mineralization at West Eau Claire along with multiple stacked zones of gold mineralization at the Hinge Target. Finally, the completion of their Eau Claire 17,700m drill program. And of the course the stock rebounded well off its 2022 low. With all these accomplishments, CEO Clarke avers that Fury is a different company today than it was prior to his taking the helm. 2023 promises to be an even more pivotal year. SVP Atkinson is currently analyzing the data and results and is in the process of setting up the 2023 program, for which the cash is in the bank. With so many choices this is no easy task. He stated that at least part of the program will be directed towards the new Cannard targets. As Clark promised, the news flow has quickened as have the results. We’re holding tight with our position. Company Website: Ticker Symbols: NYSE/TSX: FURY
16/02/23·19m 2s

The Aliens are Attacking, Interstellar War is Coming - John Rubino #5729

Summary: With all the talk of Chinese balloons and the prospect of interstellar war, you’d think that our sci-fi nightmares are coming to life. John Rubino comes on the show to touch on a number of things—extending far beyond financial matters—that the government has been getting away with. We discuss strange phenomena amongst other recent and relevant topics, namely the promising future of Uranium stocks—with many countries developing nuclear power plants. We also cover the housing implosion with specific regard to Miami condominiums and new government requirements. Tune in for more insight.  Housing Chart Useful Links: Financial Survival Network John Rubino Substack
16/02/23·34m 30s

Dudley Baker’s Top 6 Stock and Warrant Picks - Dudley Baker #5728

Summary: Data for common stock warrants can be hard to find, but our guest in this episode is dedicated to making this data accessible as well as recommending stocks. Dudley Baker started Precious Metals Warrants back in 2005 to provide information on the precious metals sector, and later expanded this database to all warrants trading in the US and Canada. Now called Common Stock Warrants, the site is a go-to resource for any stock/warrant inquiries, and Dudley recommends six picks that he is currently investing in. Some of these companies are trading at about as cheap as you’ll ever find, but have great relative value and the potential for high profits.  1. Mega Uranium 2. Land Copper and Gold 3. Aris Gold 4. Silver Spruce Resources 5. Riverside Resources 6. First Mining Gold Useful Links: Financial Survival Network Common Stock Warrants
16/02/23·33m 40s

Economists Have Predicted 6 of the Last 3 Recessions - Mark Falter #5727

Summary: As consumer sentiment numbers take a plunge, many are wondering how to interpret these numbers and where the economy is heading. 40-year financial expert Mark Falter comes on the show to talk about the implications of consumer sentiment, which indicates how motivated Americans are about the economy. As a lagging indicator, a negative report translates to an economy that is already on its way down—and has been for a while. This decline is largely attributed to widespread fear of a recession, which is a fair concern in light of the Fed’s notoriously not-so-soft landings. Will they be able to pull it off this time? Tune in for more details.  ChatGPT Professional Description of Mark Falter: Mark Falter is an accomplished entrepreneur and business leader known for his innovative approach to the financial industry. With a background in finance and a passion for helping others achieve financial success, Mark has built a reputation as one of the top voices in the field. Mark's career began in finance, where he quickly rose through the ranks to become a successful portfolio manager and investment advisor. However, it was his deep commitment to helping ordinary people achieve financial independence that led him to launch Income Hour, a revolutionary platform that provides a comprehensive and accessible approach to financial planning and investment management. Under Mark's leadership, Income Hour has grown into a thriving business, helping thousands of people across the country achieve their financial goals. Mark's innovative approach to financial planning, combined with his engaging and relatable personality, has made him a popular speaker and thought leader in the industry. When he's not leading the charge at Income Hour, Mark is a dedicated philanthropist and advocate for financial literacy. He has used his platform and success to give back to the community, supporting a range of causes and organizations dedicated to empowering people to take control of their financial futures. With his deep expertise and commitment to helping others, Mark Falter is a leading voice in the financial industry and a true visionary in the world of business. Whether you're just starting out on your financial journey or you're looking to take your investments to the next level, Mark and Income Hour are here to help you succeed. Consumer Sentiment Overview: The latest consumer sentiment numbers have been released, and they offer a glimpse into the state of the economy and what to expect in terms of inflation. Consumer sentiment is a measure of how consumers feel about the current and future state of the economy, and it is considered a key indicator of consumer spending and economic growth. The latest numbers show a slight increase in consumer sentiment, indicating that consumers are feeling more confident about the economy and their personal financial situation. This increase in consumer sentiment is a positive sign for the economy, as it suggests that consumers are more likely to spend money, which drives economic growth and job creation. Higher consumer spending can also lead to increased demand for goods and services, which can cause prices to rise. However, the increase in consumer sentiment must be viewed in the context of other economic indicators, such as the rate of inflation. Inflation is a measure of the overall increase in prices for goods and services in an economy, and it can have a significant impact on consumer spending and the overall health of the economy. The latest consumer sentiment numbers suggest that inflation could be a concern in the near future, as higher consumer spending and increased demand for goods and services could drive up prices. This could result in a decrease in consumer spending and a slowdown in economic growth, as consumers become less confident in their personal financial situation. In conclusion, the latest consumer sentiment numbers are a mixed bag, offering both positive and negative indicators for the economy. While the increase in consumer sentiment is a positive sign, it must be viewed in the context of other economic indicators, such as inflation, in order to understand its full impact. As always, it is important to stay informed about the latest economic trends and to make informed decisions about your finances. Consumer Sentiment Charts:  Useful Links: Financial Survival Network The Retirement Income Hour
15/02/23·16m 4s

Making Good Money in 2023 - Derrick Kinney #5726

Summary: Is there such a thing as “good” and “bad” money? How can you successfully reach your income goals and feel good about them? Bestselling author Derrick Kinney comes on the show to talk about this, highlighting some tips that he shares in his recent book, Good Money Revolution. Derrick says that if you can connect purpose to profits, then you have a greater cause driving you to get up and run your business, which is ultimately a good thing. Furthermore, if you want 2023 to be a better year financially, it’s important to assess how you can add value to your existing role and prioritize productivity. There’s a great chance that you can find the revenue increase you’re looking for within the career you already have—it just requires some creative thinking. Tune in for more of Derrick’s expertise, and use the link below to access the first five chapters of his book for free. Useful Links: Financial Survival Network Good Money Revolution Book Derrick Kinney
14/02/23·18m 46s

Tackling the Consumer Credit Crisis - Matthew Johnson #5725

Summary: The most recent consumer credit read was announced, and the number is quite interesting. What is going on exactly, and what is the Fed going to do about it? Matthew Johnson, President and CEO of Johnson Wealth and Income Management, comes on the show to discuss this topic and strategies for addressing the credit problem. Consumer debt started to fall off in December of 2022, yielding $7.3 billion. This signaled the start of a cut in spending, wherein consumers are beginning to feel the pinch of high costs and re-evaluate their expenses. Unfortunately, the average consumer is not in a position where their wages can support their buying needs, causing an increase in credit card debt. We should expect at least two more rate hikes before the Fed decides to halt, and it’s crucial to start planning for the challenges that lay ahead. Tune in to find out how you can start preparing now.  Useful Links: Financial Survival Network Johnson Wealth and Income Management
14/02/23·21m 36s

Declining Inflation is Transitory - Peter Schiff #5724

Summary: Financial survival is the name of the game. What can we do now in order to end up on the survivor side when the financial bubble eventually pops? Peter Schiff joins us in this episode to address the core problems of today’s dysfunctional economy, and things to consider in preparation for the downfall of the dollar. Inaccurate inflation measurements, enormous trade deficits, and close proximity to a sovereign debt crisis allude to a looming disaster that we set ourselves up for in various ways. Furthermore, Peter and I discuss ways to stay protected and structure portfolios in anticipation of yet another inflationary spike. As it turns out, there are worse things to be than a gold bug. Tune in for more expert insight. ‘Gold Bugs’ According to OpenAI’s ChatGPT: “‘Gold bugs’ are individuals or groups who are strong advocates for investing in gold. Some of the most well-known gold bugs include: Peter Schiff: A financial commentator and investor who is a strong advocate for gold as a store of value. Jim Rickards: An economist and author who has written extensively about the benefits of investing in gold. Mike Maloney: A precious metals advisor and author who advocates for investing in gold as a hedge against economic instability. David Morgan: A precious metals analyst and investment advisor who has been advocating for gold as a long-term investment for over two decades. Glenn Beck: A political commentator and radio host who has talked about the benefits of investing in gold on his show. These individuals have become prominent voices in the gold bug community and their opinions and advice are widely followed by people who are interested in investing in precious metals.” Useful Links: Financial Survival Network Peter Schiff Twitter
13/02/23·49m 0s

Credit is Crashing - Paul Oster #5723

Summary: Consumer credit appears to be crashing, and the rate of increase on credit card debt is slowing down, which means that there has never been a more opportune time to pay off your credit cards than now. Paul Oster, the CEO of Better Qualified, comes on the show to unpack what’s happening with consumer credit, and why it is sinking at this particular time. Paul describes all of the pressures of the economy that are pushing the consumers under water; with providers raising prices left and right, driving costs up, it’s getting difficult to tread water. Ultimately, we must change our behavior if we want a brighter, debt-less future. These changes can start with small savings, such as eliminating various monthly subscriptions. Paul says that consumers are often surprised to find that they have more money than they think, and have merely been spending it in the wrong places. Tune in for more insight.  Useful Links: Financial Survival Network Better Qualified
10/02/23·15m 52s

Make Your Offers Sound Too Good To Be True - David Valentine #5722

Summary: This wouldn’t be the Financial Survival Network if we didn’t talk about how to prosper and thrive in a less than ideal economy. Thankfully, Dave Valentine appears in this episode to provide a unique perspective on how to do this—offering solutions you may have neglected to consider until now. Dave owns seven businesses that collectively generate over $1 billion for major clients and, in short, he knows a thing or two about growing a business. In the age of social media and digital marketing, we often dismiss “old-school” methods of communication (i.e. direct mail), but Dave claims that the resurgence of some of these tactics has yielded much success. Revisiting tried and true marketing strategies with an irresistible offer for clients could just save your business in this economy. Tune in for more details. Useful Links: Financial Survival Network Dave Valentine
10/02/23·24m 34s

Consider a Franchise - Jon Ostenson #5721

Summary: If you’re in search of a sound business investment, franchising could be the way to go. Franchise expert Jon Ostenson comes on the show to discuss the benefits of owning a franchise—allowing entrepreneurs from various occupations and backgrounds to generate another stream of income and operate a business. His consulting firm assesses clients’ desired level of involvement in the business and shares case studies with them in order to determine what companies would be best suited to them. While many of his clients are doctors, lawyers, and other highly educated individuals, Jon says that the most successful among them understand and adhere to the system. Tune in for more information about franchising and how you can get involved.  Useful Links:
09/02/23·13m 53s

The Elites Still Rule - Doug Casey #5720

Summary: Thought leader Doug Casey joins us in this episode to discuss the endangerment of critical thinking, posing major risks for global politics and the economic future alike. Doug attributes the root of the problem to increased support for organized coercion—a system that only looks attractive when economics and history are excluded from the equation. This lack of background knowledge and reasoning is already giving way to major difficulties (i.e. trade and food supply chain) and we’re subsequently seeing the dissolution of the globalist model. The government’s survival mode tactics may adversely affect the survival of its people, and it’s only a matter of time before this becomes even more clear. Tune in for more insight. Chat GPT Article on Doug Casey: “Doug Casey is a well-known investor, author, and entrepreneur in the world of finance. He is a strong advocate for gold and has been investing in the precious metal for over four decades. Casey is the founder and chairman of Casey Research, a company that provides investment analysis and research to its clients. Through his company, he has been a vocal advocate for gold, arguing that it is one of the best long-term investments an individual can make. Casey believes that gold is a safe haven for investors in uncertain times, as it holds its value regardless of the state of the economy. He also argues that gold is a hedge against inflation, as its value has historically risen in response to inflationary pressures. In addition to his investment in gold, Casey is also known for his advocacy of individual liberty and free-market capitalism. He has written several books on these topics, including "Crisis Investing" and "The International Man." Casey is a strong believer in the importance of diversifying one's investments, both in terms of asset classes and geography. He argues that investors should have a portion of their portfolios in physical gold, held in a secure location outside of their home country. Despite his strong views on gold and investing, Casey is also known for his contrarian outlook. He often takes positions that run counter to the prevailing wisdom in the investment world, and has been successful in his investments as a result. In conclusion, Doug Casey is a prominent figure in the world of finance and investing, known for his advocacy of gold and individual liberty. He is the founder and chairman of Casey Research, and has written several books on the topics of investing and personal freedom. His contrarian outlook and strong beliefs have made him a respected voice in the investment community.” Useful Links: Financial Survival Network Doug Casey's International Man Doug Casey's Take
09/02/23·29m 38s

January Job Report: How Did We Get Here? - Brad Williams #5719

Summary: While we had hoped that the latest job report would provide useful figures, it seems to be bogus. Brad Williams sits down with me to take a deeper look into the report and talk about how/why the employment situation has evolved in the way that it has. The job market remains strong in some locations due to large quantities of people moving to those places, but this is not the situation in every region. With the interest rate rise, the housing market has slowed significantly, and there is a direct relationship between increases in interest rates and the amount of money needed to service the national debt. As the rate of increases diminishes, Brad advises investing conservatively, and to pay close attention as we transition. Tune in for more insight.  Useful Links:
08/02/23·16m 3s

January Jobs Report is Too Good to be True - David Stryzewski #5719

Summary: In last week’s report, the job numbers came out surprisingly high, but is it too good to be true? David Stryzewski comes on the show to discuss these numbers and the way they have been purposefully distorted over the last few months. The high number of jobs is a product of seasonal adjustment—in which 3 million jobs were added in order to come up with the most recent figure. If we look back at November and December, 2.4 million jobs were subtracted to subsequently come up with these numbers. We should not invest our attention in these reports since they do not reflect accuracy; rather, we should anticipate a future that is somewhere between what the Fed thinks and what the market actually believes. David outlines five unwavering indicators that depict what’s to come, so be sure to tune in for more information.  Useful Links:
07/02/23·18m 9s

2023 Gold Outlook With Andy Schectman #5717

Summary: Metals prices are getting slammed, sending gold and silver down. Andy Schectman comes on the show to talk about the circumstances of precious metals which, while frustrating, do not discredit the value of these assets during this time. Volatile conditions and the possibility of the London Metals Exchange running out of silver in 2023 speak to the fragility of the system. Gold and silver are not commodities; rather, they are the barometer for the health of the dollar and the US economy. Furthermore, Andy emphasizes that the valuation of gold and silver are not subject to counterpart liability, which will make the precious metals even more attractive as the effects of interest rate hikes sink in. Tune in for more expert insight. Useful Links: Financial Survival Network Miles Franklin
06/02/23·17m 31s

FPX Nickel Proves Low-Cost Clean Nickel Mining Process with CEO Martin Turenne

FPX Nickel’s (OTC: FPOCF — TSX-V: FPX) CEO Martin Turenne joined us for a much-awaited sponsor update. The Baptiste Project pilot plant’s results are in, and they are quite positive. The novel environmentally clean process of extracting nickel from lower grade deposits, without toxic smelting, has exceeded all expectations. The end product yielded a 65% nickel concentrate, with an impressive 85+% recovery rate. Martin is confident that a commercial-scale plant will produce 100 million pounds per annum. With nickel at $13 per pound, and costs of $3 per pound, there’s a huge profit margin. Even at $10 nickel the profits are enormous.The naysayers who doubted FPX’s ability to profitably produce high-grade nickel from low grade deposits have all been proven wrong. FPX recently announced a $12 million investment by a corporate strategic investor means that the pieces are falling into place. (The well-known company requested confidentiality for now.) FPX’s current stock price of CAD$.43 means that the market hasn’t yet to factor in these important developments. The company’s Preliminary Feasibility Study (PFS) is expected in September. FPX is sitting on CAD$18 million and is fully funded for the foreseeable future. The Van Project discovery promises to be larger than Baptiste but is currently on the back burner. It is also not reflected in the share price. Both are among the largest undeveloped nickel deposits in the world. The nickel market’s demand characteristics are highly positive. The rushed conversion to Electric Vehicles, coupled with a lack of environmentally friendly sources, means that FPX’s project will come into production at exactly the right time. Upstream users such as Tesla, Ford and GM have been rushing to secure battery metals sources and gone directly to the producers. GM’s recent $650 million investment in Lithium America is but one example. The US Inflation Recovery Act (IRA) is adding even more fuel to the fire. Its generous subsidies and favorable pro-development policies are highly positive for both the Canadian battery metals and FPX. Martin is moving quickly to secure these benefits for FPX. The stars are aligning for FPX. Martin is quite clear that these projects will require a major company to take over to fully exploit these reserves. News flow has been brisk and will increase in anticipation of FPX’s PFS. This bodes well for shareholders and the end users who are anxious to work with companies such as FPX. Company website: Ticker symbols: OTC: FPOCF — TSX-V: FPX
04/02/23·24m 22s

It’s All about What You Do With Your Income - Tracy Miller #5716

Summary: As we encounter another basis point hike, you may be wondering what this will mean for the real estate market. How can we continue to prosper in uncertain times? Oftentimes, successful outcomes start as unfavorable situations transformed by dedication and hard work, and Tracy Miller comes on the show to talk about this. Tracy came from what she describes as an ordinary, middle class background. Learning to juggle being a single mom, continuing her education, and climbing the corporate ladder, Tracy was motivated to find a career that would enable her freedom and to utilize her people/business skills. This led her to real estate, and she is now a successful speaker, coach, entrepreneur, and investor—to name a few pursuits she has taken on over the years. Now focused on educating and sharing the information she has learned in her life and career, Tracy is eager to help others transform what they have into something great. Tune in for more insight. Useful Links: Financial Survival Network Tracy Miller Consulting
03/02/23·16m 53s

Re-zoning for Revenue - Michael Liebman #5715

Summary: If you’re interested in commercial and residential real estate development, you’ll definitely want to tune in to this episode. Michael Liebman comes on the show to shed some light on his area of expertise within real estate, which encompasses buying land and re-zoning it to generate a profit. We’ve featured his father, Sam Liebman, on the show before, and they use their knowledge base to manage WealthWay Equity Group. Michael talks about what’s happening in New York with commercial areas being re-zoned, and how the politicians may not grasp the importance of the situation. Tune in for more expert insight. Useful Links: Financial Survival Network WealthWay Equity Group
02/02/23·19m 3s

Tier One Silver Identifies Copper Porphyry Targets with CEO Peter Dembicki

Tier One Silver’s (TSXV: TSLV, OTCQB: TSLVF) CEO Peter Dembicki and Exploration SVP Christian Rios provided us with a sponsor update. Extensive CSAMT surveying has identified two promising copper porphyry targets. Drill targets are currently being defined. This will be a focus of their Q2 ’23 5000-meter drill program. CEO Dembicki explains that “While silver remains the focus at Curibaya, we have a fantastic potential porphyry target … that can’t be ignored. We’re on a prolific copper porphyry belt in Southern Peru with many giant mines, all within 100 kilometers of us to the north and south. We just happen to be in a fortunate situation where we have a preserved precious metals epithermal system and then residing below is this potential copper porphyry target.” SVP Rios said, “We believe the targets we’ve identified could be associated with a porphyry copper system at depth, particularly considering the absolute dating results, which indicate the mineralization to be from the Paleocene era. This provides further evidence that we are in the correct regional environment as the similar Paleocene-aged giant porphyry copper deposits nearby. We look forward to testing these strong targets in our next drill campaign.” CEO Dembicki reflected that while metals’ prices have come roaring back ($24 silver and $4 copper) and Tier One’s share price is up 50%, it’s still very early in the cycle and he’s expecting a major move ahead. Once the next drill program commences, Tier One will become the tier one choice for sector investors, which is why we’re maintaining our position. Visit the company’s website at
01/02/23·17m 14s

How to Enhance Your Security in 2023 - Robert Siciliano #5714

Summary: As fraud crimes become more prevalent, it’s crucial to adapt and have a strategy in place to protect all of your assets. Cyber security expert Robert Siciliano comes on the show to talk about how you can stay protected and why you should—explaining how it’s one of the simplest and smarted decisions you can make. Security measures are not for the paranoid; rather, simple security systems allow any person to be a more difficult target, and to maintain an attitude of vigilance and determination. Robert talks about options for home security and the variety of cameras and products available based on your preferences. We also discuss financial asset protection, and Robert names some free tools that can assist you in protecting your credit and identity. Tune in for more information about how to stay secure. Useful Links: Financial Survival Network Protect Now
01/02/23·31m 34s

A Big Week Ahead - John Rubino #5713

Summary: We have a big week ahead—with the potential for lots of turmoil—and John Rubino joins us in this episode to discuss what we can expect out of it. Three big central banks are having meetings this week and are supposed to raise interest rates. This implies the potential for surprise, and to induce one of two outcomes: sending the markets into a relief rally or sending stocks crashing. With uncertainty of what the outcome of these meetings will bring, there has undoubtedly been a shrinkage of trust amongst individuals. People are growing hesitant to trust larger systems, seeking out ways to attain food, education, and healthcare not mandated by the government and large corporations. With money being one of the largest systems of all, many are investigating alternatives to help secure their capital in the event that the system fails us. Tune in for more insight. Useful Links: Financial Survival Network John Rubino Substack
01/02/23·39m 11s

Your Next Investment Opportunity is in Storage - Fernando Angelucci #5712

Summary: If you’re looking for an investment with huge returns, you’re going to want to listen to this episode. Self Storage Syndicated Equities CEO, Fernando Angelucci, comes on the show to talk about investing in storage facilities—a venture he has been profiting from since 2018. Fernando had been in real estate for many years, and about six years ago he noticed difficulties surfacing for landlords. In search of change, he decided to move single family homes and multi family properties out of his portfolio and start purchasing self storage facilities. Fernando slowly scaled up from there, and now builds facilities that are between 80,000 and 120,000 square feet. With the number of people using storage facilities increasing year over year, it’s the perfect time to look into this investment opportunity. Tune in for more information. Useful Links: Financial Survival Network Self Storage Syndicated Equities
31/01/23·15m 29s

How to Stay on the Right Side of the Cycle - Michael Pento #5711

Summary: The markets are on a bounce, and yet, layoffs are more plentiful than ever. This is not the beginning of a bull market or an upward shift in economic growth; rather, inflation is disguising the inevitable recession ahead. Here to dispel the confusion and discuss what’s truly happening is Michael Pento, President and Founder of Pinto Portfolio Strategies. Michael emphasizes that real economic growth is shrinking while GDP is going up. While the Bureau of Labor Statistics came out with a better-than-expected number of unemployed individuals, this provides little hope amidst the large-scale layoffs at big corporations. Moreover, the death of inflation has been grossly exaggerated, with the monetization of debt being the root cause of our inflationary circumstance. We still have a long way to go before the Fed pivots, and it’s essential to be on the right side of the cycle for what’s to come. Tune in for more insight. Useful Links: Financial Survival Network Pento Portfolio Strategies
30/01/23·40m 50s

Returning to the Workplace - Carl Gould #5710

Summary: Businesses are pushing for their employees to return to the workplace, which has generated a lot of push back amongst workers in numerous fields. Here to discuss this is Carl Gould, who is not surprised at the collective reluctance to go back to the office. For the last two years, people have adjusted to the ‘new normal,’ and the thought of transitioning back can be daunting. Under certain roles and circumstances, some professionals have thrived in the remote atmosphere, but the truth is that company culture is difficult to foster when employees are isolated in their homes. Amidst these difficulties, Carl is hopeful that we will come out of this stronger and better than before, and encourages employers/employees to be transparent with one another about their concerns. Listen in for the full conversation on the future of the workplace. Useful Links: Financial Survival Network Carl Gould
30/01/23·19m 49s

The Age of Financialization - Emmanuel Daniel #5709

Summary: Alongside the attempt to digitize everything in sight, a similar trend is taking place in the global economy: financialization. Here to discuss this is Emmanuel Daniel, a global thought leader in the future of finance. He describes the latest instances of data commodification as just one example of businesses seeking to financialize everything, and these trends are becoming extremely prevalent. Moreover, as people begin to gravitate towards alternative assets, it’s crucial to bear in mind that they subscribe to the same rules of the market and can be more volatile in early stages. Looking ahead, the US and other major economies will continue to generate debt, causing investors to question long term sustainability and where to put their trust. Useful Links: Financial Survival Network Emmanuel Daniel
27/01/23·23m 2s

Don’t Outlive Your Money Supply - Anthony Saccaro #5708

Summary: Most working individuals want to retire at some point. In fact, we spend the entirety of our careers contributing to (most likely) the most expensive purchase that we’ll ever make: a retirement fund. How does one make sure that they set aside the right amount of money for retirement, generating enough income to survive off of during the final phase of life? Anthony Saccaro has been a retirement advisor for 23 years, and appears in this episode to talk about what you may not know about preparing for retirement—so that you don’t get hurt later on. He contends that the biggest mistake you can make is not being invested appropriately for the phase of life you’re in. A lot of people neglect to shift their portfolio when they transition phases, and this adjustment can have a massive affect on your retirement fund. Furthermore, it’s important to enlist the help of an advisor that is an income specialist, and to build a fund that is sustainable in any scenario. Useful Links: Financial Survival Network More Life Than Money
26/01/23·16m 0s

The Buyers are Back - Debbie Bloyd #5707

Summary: Changes in the economy bring about subsequent changes in the housing market, which have been more prominent than ever in the post-pandemic world. Is it possible that we’ve seen the lows and housing is making a comeback? Texas-based mortgage broker Debbie Bloyd comes on the show to talk about what she is observing in real estate, and it looks as if people are returning to the markets in search of their future home. Interest rate fluctuations and intense bidding wars last year caused many people to put their home purchase on hold, and rent rather than buy. As these leases come to an end, buyers are circling back to the housing market in hopes of finding the property they want at a more reasonable price. Whether or not prices are coming down, however, is still relatively dependent upon the seller. While some need to sell more urgently, others are riding out the storm, set on a very specific price. Tune in for more information on what’s to come in housing. Useful Links: Financial Survival Network DLB Mortgage Services
26/01/23·18m 0s

This ETF Puts Performance Over Politics - Adam Curran #5706

Summary: We talked about the God Bless America ETF back in October 2022 and it has performed extremely well since—beating a lot of the major indices. In this episode I sit down with Adam Curran, the creator of the ETF, who has been dreaming of this moment ever since he first visited the New York Stock Exchange as a child. Adam attributes the success of the fund to his somewhat aberrant strategy: focusing on businesses that put profit over politics. As many big corporations get tied up with every political conversation, Adam believes that it is critical for businesses to stay focused on performance, and looks for these sort of companies when investing. Tune in to learn more about some of the sectors the God Bless America ETF is involved with, and things to watch for in this year’s market. Useful Links: Financial Survival Network God Bless America ETF
25/01/23·19m 14s

Moving Towards a Secular Bear Market - Jim Welsh #5705

Summary: As we quickly approach the end of January, many are wondering what is in store for the rest of 2023 with regard to inflation rates and the markets. Is the Fed going to follow through on lowering inflation, and how will this affect the rest of the economy? Jim Welsh comes on the show to talk about some of the things that will take place this year, and assures us that the Fed is very intent on sticking to their guns—meaning that we can expect inflation to make its way down to 3%. Although Wall Street is skeptical, Jim reminds us that getting inflation to 3% is doable; on the other hand, taking inflation below 3% will be the tricky endeavor. Jim, among a number of experts, expects that we will see a recession this year and that the effort of globalization will unwind. Furthermore, a combination of factors will result in a secular bear market, which Jim elaborates on in his latest piece. Tune in to this episode for more insight. Useful Links: Financial Survival Network Macro Tides
24/01/23·28m 34s

Five Pitfalls to Avoid When Planning Your Exit Strategy - Violetta Terpeluk #5704

Summary: An exit may mark your final moments with your business, but it’s something you need to start thinking about at the beginning stages. Violetta Terpeluk joins me in this episode to talk about pitfalls to avoid when planning an exit, and stresses that the planning process starts right when you begin to grow your business. Rather than a one time event, the exit strategy should be viewed as part of larger process—influencing the specific approach to business growth. It’s critical to have a core team collaborating on decisions, and to evaluate emotional readiness, personal financial readiness, and business readiness in regard to the exit strategy. Listen in for more valuable insight. Useful Links: Financial Survival Network IndigoFlow Financial Group
23/01/23·17m 7s

Seeking Refuge in the Blockchain - Matt Leising #5703

Summary: We’re already in the second half of January, and many are wondering what’s in store for crypto this year. Are we going to see more decentralized finance, or is the system going to reclaim its power? Here to discuss this is former Bloomberg reporter, Matt Leising, who discusses some of the implications of currency decentralization—the most impactful one being that the middle man is eliminated. Matt explains why this is such a game changer, and how smart contracts speed up the transaction process; additionally, crypto helps to eliminate Western Union fees and allows for the seamless transport of money to/from places with fewer banks. Matt emphasizes that crypto is not an attempt to replace the current monetary system, but that it offers a viable alternative for those wanting to protect their capital against inflation and unforeseen obstacles in the economy. Useful Links: Financial Survival Network DeCential Matt Leising Twitter
20/01/23·23m 42s

Crisis and Capitulation Is the Story of 2023 - John Rubino #5702

Summary: It’s only the beginning of the new year, but so much has happened already. John Rubino comes on the show to discuss some of the latest and most interesting news, and we kick off this episode with some of the recent happenings in gold. With Ghana using gold to purchase oil and Russia and Iran looking into setting up their own gold stable coin, this signifies the start of gold being used as money again. Volatility, however, is ever-present, and charts demonstrate the first decrease after 30-40 years of steady increases. We’re in for a year of crisis and capitulation, and there are many factors at play. Tune in to this episode for more of John’s perspective on what’s to come. Useful Links: Financial Survival Network John Rubino Substack
19/01/23·30m 59s

The Power of Planning - Chuck Knabusch #5701

Summary: You can’t control everything that happens in life, which makes having a backup plan that much more important. Here to talk about the significance of planning is Chuck Knabusch, a bestselling author and leadership expert helping to guide other leaders through the planning and execution process. Chuck discusses strategies for planning within a business—suggesting that it is best to plan for the unexpected and run through scenarios that haven’t occurred yet. Attaining outside perspective is also a key component of this process so that you can be sure to consider all possibilities and prepare yourself. Listen in for more tips so that you and your business can be ready for whatever comes your way. Useful Links: Financial Survival Network 13Ten Hope Is Not A Business Strategy: How To Take Control Of Your Business So It Won't Take Control Of You
18/01/23·13m 53s

Happy Days Are Here, but for How Long? - Ed Siddell #5700

Summary: We’re halfway through the first month of 2023 and consumer sentiment is better than expected. Will the January effect continue, and are good times here to stay? Edward Siddell comes on the show to talk about this, and is unsurprised by consumer sentiment given everything else going on. With rising inflation comes a subsequent rise in credit, meaning that people’s spending ability was unaffected during the holiday season. Nonetheless, we should brace ourselves for the inevitable—which will entail a bad earning season and many jobs lost, according to Edward. We should expect another round of quantitative easing, as well as a recession of unknown depths in the near future. Tune in to find out more. Useful Links: Financial Survival Network EGSI Financial
17/01/23·15m 3s

Dollar Dependency and More 2023 Predictions - Eric Hadik #5699

Summary: I sit down and chat with Eric Hadik to get some insight on 2023—with specific regard to trends and cycles taking precedence in the global economy. Eric suggests that we are going to see the extreme side of some trends, and the reversal of others. As global supply chain disruptions continue and the Euro gets hammered, we’re preparing for a seismic shift in the Dollar’s strength that will take place over time. We can expect more volatility in the oil sector, as well as a potential down wave in stocks in late 2023. Tune in for a closer look at what’s to come over the course of the year. Useful Links: Financial Survival Network INSIIDE Track Trading
16/01/23·35m 23s

The Most Significant Breakout in 50 Years - Jordan Roy-Byrne #5698

Summary: Recently, the precious metals have displayed positive upside. Does this allude to prosperity for the sector in 2023? Jordan Roy-Byrne comes on the show to provide some information to be excited about regarding the precious metals—namely that gold will likely have its most significant breakout in 50 years. Jordan’s optimism about the metals comes from a few key indicators of strength; gold is outperforming other asset classes and exhibiting sustainability despite what it has endured over the last year. Furthermore, Jordan predicts that gold will outperform silver, and also talks about the types of companies to seek out for future investments. Tune in for more expert knowledge on the future of precious metals. Useful Links: Financial Survival Network The Daily Gold
13/01/23·27m 33s

Regenx Tech -- The Future of Precious Metals Recovery with CEO Greg Pendura

We sat down with, sponsor Regenx Tech's (TSX-V: RGX - OTCQB: RGXTF) CEO Greg Pendura and their US division's President Rick Purdy. The company is engaged in economically recovering large amounts of platinum and palladium from discarded diesel catalytic converters, most of which were headed for the landfill. They have first mover advantage. Purdy's commitment to the company led him and his family's move to the US. Impressed with the technology, we invested in shares. Last summer we visited the company's newly perfected pilot plant, while it was planning an industrial scale facility. Regenx's oversubscribed rights offering enabled it to begin building its Tennessee plant. The situs was no accident; it's located in close proximity to one of the Southeast's leading recycling companies, thereby insuring a near endless supply of discarded diesel converters. Regenx has a huge advantage over potential competitors, who would need to build a raw material supply chain from scratch. Regenx's proprietary process is an example of a green technology that is ready for primetime. In an eco-friendly manner, It recovers 90+% of platinum/palladium embedded in a diesel catalytic converter. Before Regenx, the choice was to smelt the metal out in a very dirty and uneconomical process. As a result over 2/3 of diesel catalytic converters presently find their way to landfills. That's all about to change, with plant completion expected in Q1, production is slated for Q2 of 2023. The cash flow potential is enormous as is the scalability. We could eventually see Regenx plants pop up around the globe. Company Website: www.Regenx.Tech Ticker Symbols: TSX-V: RGX - OTCQB: RGXTF
13/01/23·21m 8s

Investing Tips for a Happy New Year - James Locke #5697

Summary: I invite James Locke on the show to discuss 2023 in regard to the markets: where are the markets and interest rates headed, and will it be a happy new year for investors? James emphasizes that market behavior will ultimately rely on the Federal Reserve. Amongst other uncertainties, we should keep an eye out for predictability, which reduces volatility in any case. The war in Russia will have a major impact on energy and food—an unforeseen obstacle prior to last year. The US seems to be ahead of the curve on a number of important things, but it not immune to the shift in the global economy. Tune in to hear tips for investing that take into consideration what’s to come in 2023. Useful Links: Financial Survival Network Poole Locke Associates
12/01/23·21m 56s

The Word of the Year Is ‘Hyper-Hiking’ - Craig Hemke #5696

Summary: In this episode, Craig Hemke and I review some predictions he made in 2022, using these outcomes as a guideline for the year ahead. The Fed is going to have to decide if they want to continue to hike rates, and with history as a trustworthy guide, Craig suggests that we have seen this narrative before. A pivot is to be expected later in the year, and negative reports will ultimately cause the Federal Reserve to cut rates. Will they have any credibility left by the end of the year? Tune in to find out what’s to come. Useful Links: Financial Survival Network TF Metals Report
11/01/23·25m 42s

How to Succeed in a Downturn - Robert Napolitano #5695

Summary: Is traditional investing serving you, or is it time to search for alternative approaches? Robert Napolitano comes on the show to discuss what he learned from the ’08 crash, and how he re-structured his investing strategies to align with the modern financial economy. Following in his parents’ footsteps, Robert got into real estate investing about 20 years back, which was smooth sailing until the economy took a turn for the worse. Robert realized that all along he had neglected to prepare for a possible downturn, and this made him re-think his approach to investing. After filing for bankruptcy, attending law school, starting a family, and finally returning to the business, Robert now possesses critical insight that is worth hearing. Tune in to learn about re-evaluating your investing methods for success in today’s economy. Useful Links: Financial Survival Network Capturing Tomorrow
10/01/23·19m 28s

Easing is Inevitable: Looking Ahead in 2023 - John Rubino #5694

Summary: To kick off the new year, John Rubino and I sit down and chat about expectations for 2023—specifically in regard to the state of the economy. One of the Fed branches announced that we are in a recession, which is a fair assessment given all of the recessionary indicators that can be observed. We’ve been seeing slowed growth for quite some time now, and should expect to see even more of decline going forward. The Fed is ultimately going to have to keep tightening until something (in this case, large cap stocks) breaks, and they will eventually be forced to ease again. Tune in for more insight and predictions from myself and John. Useful Links: Financial Survival Network John Rubino Substack
09/01/23·21m 15s

A Shortcut to Success in Real Estate Investing - Peter Vekselman #5693

Summary: Looking for a shortcut into real estate investing? Peter Vekselman comes on the show to talk about how to enter the real estate business—and the best part is that you don’t have to do it alone. Peter’s company, Partner Driven, is made up of knowledgable real estate partners that provide coaching and support throughout the investing process and help you secure funds. It’s a great way to get into real estate investing with guidance from individuals that understand the industry and can help you navigate deals. Tune in to learn more. Useful Links: Financial Survival Network Partner Driven
06/01/23·13m 45s

12 Ways to Use Networking to Your Advantage - Robert Bendetti #5692

Summary: If you’re a wage earner or small business owner looking to enhance your career in 2023, you won’t want to miss this episode. Global CFO Council’s President and Founder, Robert Bendetti, appears in this episode to provide strategies that will open up a multitude of career opportunities. Robert stresses the importance of networking; he emphasizes that 99% of your success comes from talking to friends, family, and business contacts—expressing your interest in new business opportunities. He also mentions numerous online resources that provide direct leads to open positions, such as the Inc. 5000 Fastest-Growing Private Companies in America. Tune in for more useful networking tips and career resources. Useful Links: Financial Survival Network Global CFO Council
05/01/23·27m 6s

Increase Your Active Income This Year - Jerry Fetta #5691

Summary: With the start of 2023, it’s time to start thinking about the year ahead. Is there a way to make money this year? If not, is there a way to hold on to what you already have? Jerry Fetta comes on the show to talk about how you can continue to make money in times of rampant inflation and heightened interest rates. It’s more costly to borrow money at the moment, so it’s wise to focus on investments that will not be easily impacted by interest rates. Furthermore, Jerry advises individuals to increase their active income. This does not necessarily imply adding income streams into the equation; rather, consolidation and taking advantage of what you already have are the keys to success. Tune in for more valuable insight. Useful Links: Financial Survival Network Wealth DynamX
04/01/23·25m 18s

Getting Street Smart with Dr. Rock & John Positano #5690

Summary: One of the predominant topics on Financial Survival Network is the importance of street smarts. We’re always looking for ways to grow this knowledge, and John and Rock Positano come on the show to share some of their insight with us. Their latest book, Street Smart: The Primer for Success in the New World, is a guide to spotting, seizing, and exploiting a lucky break. They talk about their early life in Brooklyn, and share some life experiences that allowed them to learn and grow. Street smarts—according to John and Rock—are vital to being a valuable and involved citizen, so be sure to tune into this episode to learn more. Useful Links: Financial Survival Network Street Smart: The Primer for Success in the New World
03/01/23·28m 22s

The Age of the Solo-preneur - Eddie Yoon #5689

Summary: Tough times are ahead as we approach the new year. Should we expect a white collar recession, or is the recession going to hit all parts of the economy equally? Eddie Yoon appears in this episode to discuss which industries are being impacted the most by the current economic conditions. Looking at employment, enormous cuts have been made in the realm of corporate staff. Recent instances of mass layoffs have demonstrated that management roles—especially those managing knowledge workers—are being omitted and will be at major risk in 2023. Thus, as corporations eliminate middle men, it looks as if we are truly entering the age of the solo-preneur. Tune in to this episode to find out what’s to come. Useful Links: Financial Survival Network Eddie Would Grow Eddie Yoon Twitter
02/01/23·22m 15s

The Best Global Investment Strategies - Darrin Erickson #5688

Summary: If you’ve given up on the stock market, it might be time to think again. Global portfolio manager and author Darrin Erickson comes on the show to discuss the financial opportunities still available, with special attention towards investing for the long term. Luckily, the contractionary market phase we are in creates opportunities, and Darrin identifies some key indicators of businesses that will yield strong results. Industries to keep an eye on include essential goods, some emerging markets, and various companies with attractive dividends. Furthermore, Darrin provides useful tips for investing in foreign companies, and factors to consider when deciding which move is right for you. Tune in for great insight and tips. Useful Links: Financial Survival Network Global Investing: A Practical Guide to the World's Best Financial Opportunities
30/12/22·26m 47s

Recession in 2023 is Unavoidable - John Rubino #5687

Summary: What’s in store when the holiday season is over? We’re fairly certain it’s a recession, and John Rubino appears in this episode to talk about what we can expect in 2023. The near future of the economy isn’t something to get too excited about; we’ve had negative growth for decades, paving the way for a currency collapse as the end result. John and I discuss the bad stats across the board—especially in consideration of interest rates—as well as recent leadership shifts that have left us questioning what the future holds. Tune in for more insight. Useful Links: Financial Survival Network Dollar Collapse
29/12/22·32m 7s

Be an Educated Investor - Drew Pelton #5686

Summary: Drew Pelton makes a guest appearance in this episode to discuss the Fed’s posturing, what to expect down the road, and how to position yourself in order to soften the blow of their next moves. When we analyze inflation overall, the percentage has come down a bit, but we are still at a whopping 7%. Even more worrisome is Jerome Powell’s talk of tightening, which is not what will motivate the economy at this point in time. With these things in mind, where should you put your money? Drew describes some investing strategies you can implement during these times—advising people to assess their conservativeness, the percentage of money they’re willing to put in the stock market, and individual predictions. Tune in for more useful insight from Drew on making educated investments. Useful Links: Financial Survival Network Drew Pelton
28/12/22·18m 58s

The Chances of a Soft Landing are Low - Darryl Schoon #5685

Summary: Darryl Schoon comes on the show to highlight some of the points from his latest book, Docking at the Mothership: Notes on Going Home. Darryl was able to predict the economic crash a year before it happened, reflecting on the Fed’s decision to raise interest rates in 2006. Darryl watches these trends closely to develop his philosophy, and explains how a credit based structure largely determines the state economy. Will our financial system recover? Tune in to find out, and check out Darryl’s book using the link below. Useful Links: Financial Survival Network Docking at the Mothership
27/12/22·33m 21s

Keep Your Eye on Junior Mining in 2023 - David Erfle #5684

Summary: Will gold finally have its day? Junior stock mining analyst David Erfle comes on the show to discuss what’s happening to gold with regard to the markets and global economy. All numbers that are coming out point to a recession, and the stock market is beginning to roll over. As people realize that the central banks do not have a handle on the situation, heads are starting to turn towards the precious metals. David talks about the future of the sector, with chances for appreciation and big returns in quality juniors. Tune in to hear more about the prosperous year in store for this sector, and what to expect in 2023. Useful Links: Financial Survival Network Junior Miner Junky
23/12/22·23m 1s

Libertarian Words of Wisdown - Murray Sabrin #5683

Summary: Murray Sabrin comes on this episode of Financial Survival Network to provide some expert libertarian perspective. Murray’s chief aim is to educate as many people as possible about economics, identifying teaching as one of the major highlights of his career. We discuss how an understanding of economics influences daily decisions—such as protecting oneself from inflation as a consumer. Furthermore, we talk about the prevalence of technology and its implications for authoritarian government tendencies. Tune in to hear more of Murray’s enlightening economic perspective. Useful Links: Financial Survival Network Murray Sabrian Substack
22/12/22·24m 48s

Demystifying Cryptocurrency - Chuck Palm #5682

Summary: It’s mid-December and Bitcoin is trading upwards of $18k. Cryptocurrency is gaining popularity and, if you are curious about how and why it works, then you will definitely want to tune in to this episode. I sit down and chat with Chuck Palm, the author of Demystifying Cryptocurrency, and we discuss his motivations for educating others on cryptocurrency as well as his personal view on crypto. Chuck addresses questions of stability, longevity, and acceptance of cryptocurrency within the global economy, as well as its overall utility. Tune in for more insight. Useful Links: Financial Survival Network Demystifying Cryptocurrency Book
21/12/22·15m 24s

Sound Money Will Save Us - David Stockman #5681

Summary: In turbulent economic circumstances, we’ve been asking one question: why is today’s inflation so different from the inflation back in the 1980s? David Stockman comes on the show to provide some direct perspective; as Ronald Reagan’s budget director and a former Michigan congressman, he pinpoints some of the factors that make our modern situation inherently different. Some of the contributors include bad policy, outsourcing a large share of the industrial economy, and the Fed misinterpreting data for decades. All of these things have led up to the monetization of debt, which traps us within a vicious cycle. Where does it end? Tune in to hear David’s thoughts on how this all happened and how we’ll (hopefully) get out of it. Useful Links: Financial Survival Network The Great Money Bubble: Protect Yourself from the Coming Inflation Storm
20/12/22·32m 32s

Building a Culture of Cybersecurity - Bryant Tow #5680

Summary: Now is the time to be the most vigilant and think ahead about how you secure your personal data. Security expert Bryant Tow comes on the show to inform us about this. Oftentimes, people go as long as 100 days without knowing that an account of theirs has been hacked. How does this happen? Bryant explains the difference between open and closed operating systems and the risks to be aware of, but adequate cyber safety boils down to understanding what phishing looks like, looking for security measures (i.e. Captcha), and avoiding password reuse. Tune in for more insight from Bryant on how to protect your data. Highlights: -How do you know if you’re being hacked? It can take over a hundred days to even realize that you’ve been hacked -Most adversaries establish command and control, and patch the vulnerability so that it will no longer show up in a scan but remain in your system -The Mac OS is closed, meaning you have to go through the company to get your application out on their store -Android is open, so anyone can develop an application. Adversaries are more likely to target these devices because it is easier -Bryant talks about the importance of empowering users rather than treating them as the weakest link -Even if all technical aspects are perfect, half of the attack surface is still open -Technology can only function as well as your process. We have to build a culture of security and make it something that people think about on a day to day basis -Bryant’s business offers training for phishing awareness—measuring how susceptible individuals are to phishing tactics -Bryant discusses several types of phishing methods used by adversaries -The most common hacking method is achieved through password reuse -Online shopping sites report that 60% of people will abandon their cart if their are no security measures on the site (i.e. captcha) Useful Links: Financial Survival Network
19/12/22·24m 36s

Where Did the Silver Go? - Andy Schectman #5679

Summary: Where has all the silver gone? Andy Schectman comes on the show to talk about what’s happening in precious metals, specifically regarding the decrease in inventory. This is happening both in the COMEX and the London Metals Exchange, and inventory is down almost four million ounces for the week. 673 tons have been shipped out of the COMEX this year—the highest yearly total since 1967—and liquidity is being stripped away as a result. Andy recommends starting to accumulate gold and silver now to set yourself up for future investments, expenses, and the unexpected. Highlights: -Where has all the silver gone? -This is happening in the COMEX and the London Metals Exchange. The inventory is down almost 4 million ounces for the week -We’ve lost 100 million ounces in 18 months that have been delivered away from COMEX, which strips away their liquidity from an industrial perspective -We’ve seen 673 tons shipped out of the COMEX—which is higher than any yearly total since 1967 -Metals are moving eastward, and not coming back -For the -Gold has risen by $200 in the last few months and the commercial banks that typically short it have not joined in -Andy believes the banks have set a trap -The best thing to do right now is get out of debt as much as possible, and to prepare yourself for the future -Own silver because it is the most under-valued commodity right now, and will offer protection -Andy suggests 1oz of gold and silver coins that are widely accepted as a starting point Useful Links: Financial Survival Network Miles Franklin
16/12/22·21m 24s

Your Next Best Real Estate Investment Could Be in Canada - Matthew Ablakan #5678

Summary: Looking for your next investment opportunity? Whether you live within or outside Canada, there is a Canadian based investment opportunity with high potential for profit, and Matthew Ablakan comes on the show to inform us about it. Matthew exhibited an entrepreneurial spirit growing up, and bought his first pre-construction property at just 19 years old. This launched him into a full time career as an entrepreneur, and he created the Millennial’s Choice Group to assist clients with real estate, mortgages, insurance, and education. Although interest rates are rising in the U.S. and Canada, Matthew highlights the profitability of investing in pre-construction properties in Ontario, especially given that interest can be written off. Listen in to hear more about the business that Matthew has built, and to learn how he is generating cash flow from every unit. Highlights: -There is a deal available for Americans looking to invest in a Canadian product that has high potential for profit -Matthew was very entrepreneurial as a teenager. He attended university to study law, and bought his first pre-construction condo at 19 years old -Matthew recommends a backwards approach, bringing an education-based strategy to sales -US interest rates and Canadian interest rates are going up. Will this impact sales? With the way that the tax structure is set up, you write off your interest as an investor. -In Ontario, a lot of land is under the conservation authority—meaning it cannot be developed. -The cost of construction keeps rising, and Ontario has invested millions of dollars towards new trades, and will be welcoming more immigrants in the next few years. Big developers are holding out to launch projects. This still limits supply, and it’s best to position yourself now -All of Matthews expenses are being paid, and he is still generating cash flow from every unit Useful Links: Financial Survival Network Millennial's Choice Free E-book
15/12/22·16m 56s

Plan for the Worst and Hope for the Best - Dave Scranton #5677

Summary: The stock market may be going up, but we’re worried about the Fed making a misstep. Dave Scranton comes on the show to unpack the current interest rate situation, explaining why they shot up sporadically and what needs to happen going forward. Ultimately, the Fed started this process too late and reacted too drastically, resulting in an undesirable outcome for everyone. Dave suggests that we need congressional support, with business friendly and pro supply chain policies to properly manage inflation. Tune in for more insight, and for expert advice on how to protect your finances in the meantime. Highlights: -They’re not getting a lot of legislative help in regard to managing inflation, and their only available tool is raising rates -What will happen if the Fed arises 75 basis points? The markets will react negatively, because we’re starting to see inflation getting more tame. Ultimately, the Fed started late and reacted too drastically -We need Congressional support. With inflation, we can squash down demand, but this could kill the economy before it kills inflation -This situation requires smart policies coming out of D.C. that are business friendly and pro supply chain -Dave likes to focus on what we can control within our personal finances. Plan for everything up until the catastrophic worst -Evaluate what you can do/provide that people actually need -The only way to protect yourself is to put your money into things that generate enough money and dividends so that you are not worried about daily principal fluctuations Useful Links: Financial Survival Network Sound Income Group
14/12/22·18m 9s

Howard Yaruss is Making Economics Understandable - Howard Yaruss #5676

Summary: Understanding the economy is a lot easier than you think, and Howard Yaruss comes on this episode to prove it. His newest book, Understandable Economics, fosters a comprehensive understanding of the spectrum of markets—outlining clear justifications for government intervention and the creation and allocation of goods/services. Rather than labelling some markets ‘free’ and others ‘controlled,’ it is more helpful to explore the degrees to which each market utilizes both characteristics. Tune in to hear us discuss the most useful fundamentals of the economy, and be sure to check out Howard’s book for a fruitful source of concepts and explanations. Highlights: -Howard Yaruss discusses his new book, Understandable Economics -Howard is an attorney, author, business man, and professor at NYU -Howard believes that economics is not readily understandable because it is frequently not taught correctly. You may leave an economics course with even more confusion about how the economy works -Economics is not a science; it’s about producing and dividing up all of the goods and services that govern our world -His book is not economics for dummies; rather, it is an effort to explain economics as it should be explained -Markets exist on a spectrum. Every nation has some government control—even North Korea has some element of free markets -Free markets are like a highway. They are a great system of transportation, but if there were no rules, they wouldn’t work. -There should always be a clear justification for government intervention, but when they overreach, they create a negative view of the government -People need to get involved and understand what is going on in the economy, and Howard’s book contributes to this. -If the market isn’t working, then it is acceptable for the government to get involved in funding the progress of innovations like EVs. -You can’t dictate a transition just because the market isn’t ready for it yet. It’s important to let the markets work it out -A lot of people believe that the government is the spender of last resorts -We shouldn’t be for or against regulation. It’s all about coming to an agreement on what regulations are necessary and helpful Useful Links: Financial Survival Network Understandable Economics
13/12/22·28m 16s

You Can’t Run the World on Debt - Russell Stone #5675

Summary: I invite Russell Stone on the show to talk about what’s really happening with the employment numbers, because the data put out is often manipulated—failing to account for several criteria. Although it seems that jobs have gone up, Russell suggests that this could be attributed to old jobs resurfacing rather than organic growth. Furthermore, we discuss the underlying problem of the US dollar, which is that we are backed by credit that is eventually going to run out. For more insight and tips for how to prepare for the bumpy ride ahead, be sure to tune in to this episode. Highlights: -You can’t always take what you’re given from government sources because there is a lot of manipulation within these numbers -No one talks about the birth to death ratio, which alters the job numbers quite a bit -The trend over the last three months has been stagnant -Are these new jobs being created, or old jobs that people were laid off from? Russell believes it might be the latter option rather than organic growth -Wages went up 5.1%, but the real inflation number is close to 15% -They used to include fuel, food, energy, and housing when calculating inflation, but they no longer account for these factors. -History tells us that we’re ready for a large correction -There is no easy solution for this, and we should prepare ourselves for a bottom -The production value of oil is ten times greater than any other commodity -Countries are pulling away from purchasing our oil because of the fear that we can’t support our dollar -We have to change the way we interact globally, which is going to come at the price of the dollar -You can’t run the world on debt, and the governments can’t beat the economy -Russell tells his clients to put a percentage of their money into silver -Silver has the greatest upside over gold -Stay away from the markets until they reach the bottom. Focus on cash-flow investments right now, and the things that are bringing you money -Check the ratings of your banks and insurance companies to make sure that you’re prepared for what’s to come Useful Links: Financial Survival Network Scranton Financial Group
12/12/22·19m 34s

The Future According to Charts and Cycles - Charles Nenner #5674

Summary: What’s in store for inflation and the markets? Charles Nenner comes on the show to discuss some financial charts and explain how cycles work. We’re in an inflationary cycle that could go on for the greater part of a decade, and we can expect low inflation until February of next year. This cycle correlates with the prices of things like food and energy, and will determine how the Fed feels at any given moment. Tune in for more analytical insight from Charles. Highlights: -We’re in an inflationary cycle that could go on for quite a while—as long as a decade -We can expect low inflation until February of next year -This cycle is going to correlate with food prices and energy prices -Understanding these cycles makes investing more low risk because you can determine when it’s going up/down -Is the Fed going to be strict? It depends on how we feel at the moment, and cycles determine these feelings -Energy prices are headed lower until the end of the year -We are in the thick of the war cycle, and we have a new one coming in the middle of next year -There is a dominant hundred year cycle tied to war Useful Links: Financial Survival Network Charles Nenner
09/12/22·21m 44s

Inside the Mind of a Spy - Chris S. Simmons #5673

Summary: Recognizing red flags is helpful within personal relationships, but it can also help investigators unravel complex crimes. Chris S. Simmons, the author of Castro’s Nemesis, is extremely familiar with these behavioral analyses. He talks about discovering a subject that happened to be someone he already worked with—which was a surreal experience. Tune in for fascinating glimpses inside the mind of a spy, and be sure to check out Chris’s book linked below. Highlights: -After three years of working with a few puzzle pieces, they narrowed it down to 10,000 people in the US working in an intelligence community. From there, they narrowed it down to 50 people, and three weeks later they found their subject -Chris describes finding the subject surreal, especially because they knew her personally -A big life lesson Chris learned was to follow people’s actions and behaviors rather than their words -If you’re leading a double life, they will eventually coincide -How do you train people to recognize red flags? To train people, Chris commonly sends people to restaurants or other public places to try and read the people in the environment and their situations -We are emotional creatures. Every decision you will make in life is based on emotion, but we use logic to reinforce that we made the right decision. -Considering our personal biases, you have a 50% chance of gauging someone’s body language correctly Useful Links: Financial Survival Network Castro's Nemesis: True Stories of a Master Spy-Catcher
08/12/22·19m 52s

The Cure Is Worse than the Disease - Jim Welsh #5672

Summary: As rates continue to increase, it is difficult to pinpoint the Fed’s plan for the year ahead. I sit down and chat with Jim Welsh, who explains the thinking behind the rate increases and how to plan ahead using this information. Jim predicts that the Fed is going to keep the funds rate and monetary policy tighter for a longer period of time. Ultimately, we’re going to have to address problems that have been building up for decades, and although inflation will be reduced, it’s still going to hold above 3% for a while. Tune in for more valuable insight from Jim. Highlights: -Back in March/April, no one thought they were going to raise the Fed funds rate. By summer, people started to panic about rates going up -Rates increasing by 50 basis points does not represent a pivot -They are going to hold the funds rate at a high level for all of next year -Rather than jamming on the breaks to ease, they’re aiming to do it in a gradual manner—which will probably lead to a recession -We don’t have enough people to fill the jobs that are open, which is problematic -Energy prices will probably stay at a higher plateau -Globalization helped to bring costs down over the last 20 years -We’re going to see a reduction of inflation, but it’s probably going to hold above 3%. From there, we will see what the Fed decides to do. -We’re still seeing supply chain issues, commodity shortages, and high deficit -Either we’ve already started a bear market in the stock market, or we are about to -We’re going to have to address problems that have been building up for decades -Buy and hold isn’t working because the market isn’t buying higher highs -Every secular bull market has been followed by a secular bear market -China has used real estate residential development to power the economy -Real estate, however, will not continue to support the demographic it has -The risk of China going after Taiwan is rising -The secular bear market affects a lot of things -Rather than buying and holding, focus on being tactical Useful Links: Financial Survival Network Macro Tides
07/12/22·20m 53s

Victims of Our Own Success - Edward Siddell #5671

Summary: As we start the final month of the year, sentiment is not looking great. The market is indecisive, and employment, confidence, and decisiveness are all intertwined, Edward Siddell comes on the show to discuss what’s in store for 2023, starting with the fact that we are a victim of our own success. We’ve pushed inflation all the way around the world, and the enlarging debt bubble has to pop eventually. Edward advises us to be cautiously optimistic during this time—being meticulous and adopting strategies for the year ahead. Amongst other market uncertainties, one should pay special attention to the energy sector as a solid area of investment for 2023. Tune in for more insight Highlights: -They’re not shedding jobs at a record rate yet, but this could change within the first month of the new year -There were close to 150,000 layoffs last month -We’re becoming a victim of our own success. We pushed inflation all the way around the world—importing goods and spreading the devaluing dollar -The debt bubble is inevitably going to pop -There is a correlation between the race to liquidity and all other consumer debt -The 22 million jobs we lost over COVID are getting filled in again, so next year we will probably see this number go down -You need to be cautiously optimistic in times like this. It’s important to be meticulous and have a thorough understanding of what is going on -Real estate prices are going higher, with lots of regional variation within the US -People can’t afford the houses that are out there right now, so renting is the more popular option -Edward suggests investing in the energy sector. Our oil reserves are at the lowest they’ve been since the 80s. As the reserve begins to dwindle, Edward estimates that prices will skyrocket next winter. Useful Links: Financial Survival Network EGSI Financial
06/12/22·18m 3s

It’s a Good Time to Not be ‘Interested’ in Credit - Matthew Johnson #5670

Summary: Between Black Friday and Cyber Monday there were over 61 million transactions, but not because inflation is getting better. I sit down and chat with Matthew Johnson, who points out that, as businesses make it increasingly easy to pay using credit, interest on these lines of credit is simultaneously skyrocketing. Credit card companies are taking full advantage of higher interest rates, and the problem isn’t being resolved any time soon. Tune in to hear more on this topic and to learn how you can be financially defensive in these circumstances. Highlights: -The items that had the biggest purchase increase under buy now and pay later were food and beverage related -We are up tremendously in debt, and credit card companies are taking full advantage of higher interest rates -The average interest rate on a new credit line opened today is over 22% -We have grown to expect that the government is always going to come to the rescue -Both people who have and don’t have money are spending -We need to be careful with how we are spending are money because interest rates are not done going up quite yet -There is a lot of potential pain to come between now and the new year Useful Links: Financial Survival Network Johnson Wealth and Income Management
05/12/22·17m 16s

Torq's Gold--Copper Discovery Defines an 800m Strike at Margarita Project

We received a further sponsor update from Torq Resources' (OTCQX:TRBMF -- TSX.V: TORQ) CEO/Chair Shawn Wallace and Chief Geological Officer Michael Henrichsen. There's been a steady stream of positive news and the pace is accelerating. The company announced that it has defined a gold--copper mineralized system over an impressive 800 meter strike length at the Falla 13 discovery (in its Margarita project). Most notable among the results: 64 m of 0.63 g/t gold (Au) and 0.63% copper (Cu) in 22MAR-017R, 130 m of 0.36 g/t Au and 0.28% Cu (including 30 m of 1.02 g/t Au and 0.57% Cu) in 22MAR-023R, and 62 m of 0.51 g/t Au and 0.38% Cu (including 16 m of 1.6 g/t Au and 0.98% Cu), in 22MAR-024R.'' CEO Wallace stated, "The successful completion of the second drill program at Margarita marks an important milestone for the project and the Company. It is incredible that less than one year ago, Margarita was a prospect without a single drill hole." Chief Geological Officer Henrichsen concurred, "With our second phase of drilling complete at the Margarita project we have been able to delineate a mineralized body over an 800m strike length in a short amount of time. Over the next several months we will refine our targets through additional soil sampling with an emphasis on gold, additional induced polarization (IP) lines in the northern region of the project and continued geologic mapping. We look forward to outlining our third phase drill program for the project.” The inaugural drill program at the Santa Cecilia project is next on the agenda. Torq expects major results here as well. CEO Wallace says: "I've never been more excited in my career...I cannot wait for this drill program. I'm giddy about it...The rarity of being able to go work on something like this...It's a dream come true." As Henrichsen said, "Torq is tracking in the right direction." Major progress is being made on its projects and investors will eventually realize the rewards of Torq's aggressive strategy. Company Website: Ticker Symbols: OTCQX:TRBMF -- TSX.V: TORQ
04/12/22·18m 11s

Sanctuaries of the Downside - Kyle O’Dell #5669

Summary: Kyle O’Dell has a long history in the financial sector, and comes on the show to give his take on the latest GDP numbers. Although the 2.9% GDP headline looks promising, Kyle suggests that there is a lot more to it. Other variables such as increasing credit card balances, lower income levels, and lower savings indicate that the reality is less positive than we may be led to think. Kyle outlines some investing opportunities that provide safety within the downside, and we discuss the future implications of what is happening right now. Tune in for more insight. Highlights: -The employment numbers are looking weak and GDP is looking better -The reality isn’t quite as encouraging as the 2.9% GDP headline; Kyle suggests that there is a lot more to it -Credit card balances are going up, income is down, and savings are down. We’re also seeing sluggish business investments and a slowing housing market -The reality is that the 2.9% is not as positive as it looks on the surface -The reasons to stay away from the market or be cautious change every year -Over time, a well diversified portfolio plays out, but you need to be careful about where you’re investing in -Fixed index annuity has no downside at all, and this is a great place to draw from when the markets are down -You have to have a plan and implement it before the market takes a step back -As interest rates go up, the value of bonds decreases -Productivity is down and supply and demand are decreasing -Rising interest rates hurt business and the consumer -We want to see strong GDP with lower inflation -Banks sitting on money is going to hurt all sides of the economy -The United States being more energy dependent is the best option -Consumer sentiment reached its lowest point in June 2022 -We need to stop using a blunt object to solve all problems Useful Links: Financial Survival Network Edgerock Wealth
02/12/22·18m 48s

China’s Perfect Storm - Carl Delfeld #5668

Summary: With all the recent social unrest and demonstrations are taking place in China, it is important to gather perspectives from those that have insight on the entire situation. Asia & Emerging Markets Strategist Carl Delfeld comes on the show to discuss why everything unfolding in this way, emphasizing that China’s primary goal is to preserve the Communist party and reunite Taiwan with their mother country. The overarching concern for America right now is preserving our dynamic stability, and Carl outlines some things to watch out for in the near future. Highlights: -Carl Delfeld has a long history in this part of the world -Growth has been slowing and there is discontent among the private sector in China -Their healthcare infrastructure is nowhere close to what it needs to be for how densely populated it is -They have to put the rebellion down before they change the policy -Everything happening right now is the perfect storm for the communist party -Their ultimate goal is the preservation of the Communist party -It’s highly probable that they will tighten rather than loosen -It could be smart for them to open capital to the private sector; this could be the spark that gets the economy to the 5-6% growth rate that they need -Reuniting Taiwan with the mother country is a large priority for China. Carl predicts this will happen around 2024 or 2025 -China's leverage over Russia is now almost total, and Russia is going to rely on China to get through this period. Carl believes that China’s real goal is to dominate Eurasia -We need to take the right steps and preserve America’s dynamic stability Useful Links: Financial Survival Network Power Rivals: America and China's Superpower Struggle
01/12/22·24m 52s

Protect Your Wealth - Clint Coons #5667

Summary: As we start to think about tax planning, it’s important to plan for asset protection. How do you hold on to your wealth and establish protection? Clint Coons comes on the show to talk about how you can position your assets so that, in the event of a lawsuit, you won’t lose everything. Clint explains how you can use structures and trusts to keep your name hidden from the assets that you own if a creditor runs a search on you. Tune in for more insight and tips from Clint. Highlights: -There are lots of attorneys out there, and they bring in revenue by picking up clients with peculiar cases -Many of Clint’s clients have faced shakedown losses -Clint shows investors how to position their assets so that, if they get sued, they don’t lose everything. -If someone is going to come after you -People are typically focused on high value targets, which are people that have assets -If someone runs an asset search on you, it’s good to make sure that nothing found puts you at higher risk. You can set up structures and trusts to do this, and to make sure that your structure isn’t attached to your name. Discover what a creditor can see, and take steps to remove your personal information from that database -When you convert real property to personal property, you no longer have a homestay -Trust planning makes a lot of sense for privacy and personal protection Useful Links: Financial Survival Network Anderson Advisors
01/12/22·16m 2s

No Easy Way Out - Eddy Gifford #5666

Summary: This Black Friday didn’t look quite like last year’s, so I sit down and chat with Eddy Gifford to discuss the shift in shopping habits. Given the adjusted inflation numbers, online sales are not up in the way that businesses want us to think they are. As foot traffic declines, we’re starting to see the destruction of demand, which also means that employment will start to go up. Ultimately, things are going to get worse before they get better. Tune to get a glimpse of what’s to come in 2023. Highlights: -Black Friday is not what it used to be; the retail sector has spread out Black Friday promotions -Online sales are not actually up given the adjusted inflation numbers -We’re not seeing the same foot traffic we used to in stores -We’re seeing the destruction of demand, which means employment is going to start going up -Treasuries have started to retreat -The first/second quarter of next year are probably going to be ugly -We probably haven’t seen a bottom occur yet, and. things are going to get worse before they get better -The economy may have impacted the election in terms of Democrats attacking Roe v. Wade -The idea of the Fed easing at the perfect time may not be feasible Useful Links: Financial Survival Network Tactive
30/11/22·12m 49s

How to Win in This Economy - Carl Gould #5664

Summary: We saw the average price of a Thanksgiving meal go up this year as a direct result of inflation. How much longer will we see these trends, and can you experience financial wins despite volatility? Business transformation expert Carl Gould comes on the show to talk about this topic, and proposes a few different strategies for investing during this time. Furthermore, we discuss what is going to happen with employment, and things to be mindful of within your career or business. Tune in for more insight. Highlights: -The average cost of a Thanksgiving meal is up, which is directly indicative of inflation -Some retailers are rolling back their prices for Thanksgiving food items -We should expect higher than normal prices for the next 3-6 months -You want to look for industries that are low now and on the rise (i.e. real estate) -Invest and then participate in all of the up gains -The Federal Reserve is being careful not to stall the economy while raising rates -The job situation hasn’t deteriorated yet, but we can envision this happening -Salaries will probably come down, and an unemployment correction won’t happen for a while -When hiring, be cautious of those that have been moving around and may back out during tough times -The average tenure of an employee is now three years -Performance based pay is also very valuable -One of the top strategies in a volatile economy is to bundle products/services together. This eliminates the cost of client acquisition Useful Links: Financial Survival Network Carl Gould
30/11/22·20m 49s

Critical Regulations for Cryptocurrency - David Ackerman #5665

Summary: Unsurprisingly, the crypto space has been imploding. I have David Ackerman on the show to gain some perspective on the recent fraud that occurred, and how we can avoid these situations in the future. David talks about the importance of protecting information, says that clarity of regulation will ensure the safety and prosperity of cryptocurrency going forward. Tune in for more insight. Highlights: -The crypto space has been imploding, which is not surprising -David Ackerman comes on the show to give us a unique perspective on how the recent fraud occurred -At a high level, we’re seeing a lot of information being condensed into a few players -In the crypto world, you don’t have protections about what information can/can’t be shared -One of the flags that David missed was people not performing the same work across the board -If you don’t understand what cryptocurrency does or what makes it valuable, it’s best to stay away from it until you gain that understanding -Look inward and understand your own financial assets, get educated, and decide how much risk you are able to take -This exemplifies why we need to put some guardrails around the digital currency industry -Better clarity of regulation will prevent future crises with crypto -David reassures us that many people in the industry are looking out for others and trying to make cryptocurrency more secure Useful Links: Financial Survival Network MobileCoin
29/11/22·26m 35s

Get Beyond Your 401k - John Michailidis #5663

Summary: Author, international real estate expert, and Austrian economics devotee John Michailidis comes on the show to discuss strategic planning and investing, which happens to be part of the title of his latest book. Many people lean on their 401k as their primary retirement plan, but John aims to enlighten people about the world of investment opportunities that exists. Take charge of your future and invest in areas that interest you, putting your money into assets that you believe in. Tune in for more expert knowledge. Highlights: -John’s book is designated to be a series of tastes -A lot of people consider their 401k from their job to be their entire retirement plan -Wall Street intends to maximize their own returns -Is putting your money into the company 401k the best plan? Investing is more than just putting your money into something. There is a whole world of investing opportunity that the average person could know about -The book is not meant to make you an expert, but to provide a general survey of investment opportunities and a list of resources that will guide you in the right direction -With a 401k, funds are taken out of each paycheck and go towards a company that doesn’t necessarily have any allegiance towards you -You need advisors that look out for your best interest -You can self direct, but you need to research what that means. Investing is ultimately a team sport, and a solid collection of individuals will set you up for success -Understand the fundamentals of the things you are investing in -Go to conferences about what you want to invest in -A lot of money was created in the last two years, and this money shows up in price increases -Finances shouldn’t run your life, but they should be an important focus in life Useful Links: Financial Survival Network John Michailidis
23/11/22·21m 39s

Dumping Dollars: This is Just the Beginning - John Rubino #5662

Summary: China and Japan are dumping dollars, and many countries that borrowed in dollars have had their expectations of US currency being cheaper turned upside down. I sit down and chat with John Rubino to discuss this phenomenon, and he contends that extreme volatility is going to make its way from the financial markets to the currency markets. Furthermore, the prospect of a technological totalitarian state is no longer a distant theory, and direct actions are being taken to get us there. Tune in for more valuable insight. Highlights: -China and Japan are dumping dollars. Their currencies are tanking due to massive inflation, and they’re running through foreign exchange reserves to prop their currency up -They’re selling US treasury paper -How long will this last? You eventually run out of dollars -The problem is that many countries borrowed in dollars because they expected for it to be cheaper and for the dollar to go down -We can expect extreme volatility making its way from the financial markets to the currency markets -We’re still in the early innings -The US is giving billions of dollars to Ukraine, and they invested this money in a big crypto exchange The people running this crypto exchange were donating a lot of it to democrat politicians -The prospect of vaccine passports is more likely, building a technological totalitarian state in front of our eyes -The housing bubble has burst -With today’s mortgage rates/prices, you need to make $120k annually to afford a median priced home -Sales are crashing and home inventory is spiking; a recession looks unavoidable Useful Links: Financial Survival Network Dollar Collapse
22/11/22·31m 39s

Trillion Energy NatGas Producer Setup for Parabolic Profit Rise with CEO Arthur Halleran

Art Halleran, CEO of rising star natgas producer Trillion Energy (OTCQB: TRLEF – CSE: TCF) joined us for a sponsor company update. To date, two wells have been recompleted and immediately began selling production. The first payment is due December 20, 2022. These wells alone will be generating US$3 million per month or as much as $36 million per annum. Revenue could potentially go higher as the operator seeks to optimize production and stabilize pipeline gas pressure. Halleran has done the near impossible, he has taken a moth-balled gas field that was given up for dead and turned it into a potential billion-dollar asset. More importantly, while there are many new gas projects on the drawing board, under the best of circumstances they will take several years to come online. Europe needs the gas now! Trillion’s wells go from completion to revenue production in a matter of hours. This is due to some $600 million in off the books infrastructure that enables the company to rapidly connect new wells to its existing pipeline and gas processing system. And the best is yet to come. 15 more wells are due to be drilled in two programs, 5 more in program A and 8 in program B. A new well should be coming on approximately every 45 days. (At $3 million per month added cash flow). You do the math, we're talking hundreds of millions before the company drills an exploration hole. The company has many drill targets within its current block, as well as the ability to expand to other promising adjoining blocks. It has the seismic data and the infrastructure to rapidly tap into the most promising prospects. Trillion's huge potential upside has not yet been perceived by the market. In his low-key style, Halleran sums it up best, “We are very pleased that our multi-well drilling program is off to a very strong start. We are “Two for Two” so far with both South Akcakoca-2 and Akcakoca-3 wells now successfully producing gas. Each well additionally has 10s of meters of identified gas sands ready for perforation and production in the future to keep production levels up. This is a desirable situation for the Company to be in.” As well as shareholders like us. Company website:
22/11/22·25m 30s

The Right Place and Right Time for Energy Transitions - Dee Carter #5661

Summary: Inflation continues on, despite the efforts of the federal reserve and the government to make us believe that it is abating. With latent uncertainty and a long ride ahead, which sectors should we invest in right now? I sit down and chat with Dee Carter to recap what’s been happening in the markets—specifically in the energy sector. People are hesitant to invest in oil companies because of the push for renewable energy; on the other hand, fossil fuels are still an integral component of production. For general investing, Dee advises his clients to evaluate which sectors fit their particular situation, and mentions some things to consider in the current economy. Highlights: -We’re in a situation where we really don’t know what is going to take place over the next couple of months -The senate is still 50/50 -We’re in for a long, tough ride that will probably last beyond January -The problem right now is that no one wants to invest in energy—especially in oil companies -No one wants to invest in something that may not be around 5-10 years from now -Oil companies are receiving mixed directions in regard to production -You can’t get away from fossil fuels because of how many products they are tied to -We are perhaps entering the electrical situation a bit too early -Right now, it is not feasible for all cars to run on electricity. It’s too early to do away with fossil fuels; we have to take it one step at a time -Historically, energy transitions have been market driven—not government driven. The government needs to back down and let the markets do their work -Energy is the place to invest. There are still some companies drilling, but some refineries have reached capacity -We need to invest in the refinery process -Surprisingly, consumer buying has not slowed down. We’re also still looking at pharmaceuticals and other health related sectors -Look at sectors that fit your particular situation Useful Links: Financial Survival Network Carter Financial
21/11/22·17m 9s

Learn to Think Like an Entrepreneur - Steve Rozenberg #5660

Summary: Your job is never 100% secure, and this is why you need to learn how to think like an entrepreneur—no matter what career you are currently in. Steve Rozenberg comes on the show to talk about how he was forced to do this when he lost his job as a pilot back in 2001. As he reflects on this critical moment in his life, he wishes that he would have adopted this entrepreneurial mindset sooner. Losing his job was extremely difficult, but he gained the opportunity to invest in real estate and build a successful business. He is committed to helping others control their destinies and build wealth, and provides useful tips for adopting entrepreneurial skills and strategies. Highlights: -Steve Rozenberg was a pilot for a major airline for a long time, and was laid off after 9/11. This was a humbling moment for him, because he was solely focused on being a pilot up until this point -Even if you think your job is safe and secure, it is important to remember that your position could be affected at any point. -If you’re an employee, you still need to think like an entrepreneur. -How do you get secure workers to think like entrepreneurs? -Steve’s decision to invest in real estate was motivated by getting laid off; he was in survival mode. It’s difficult to have this mindset until you have a reality check -Motivation is like a battery. It drains over time, and your “why” is what will carry you through—even as you use your battery. -Taking action is the only thing that will propel you forward. Even as you encounter failures along the way, having a solid vision and reason for your action will allow you to keep going -Act as if a disaster is going to happen tomorrow, and start making changes now -Steve is still a pilot now, but he does it because he loves it—not because he needs to do it -The more you can put yourself in uncomfortable positions, these things won’t be a shock when they actually happen -In order to get to the next level in life, you must do something different -Surround yourself with people that have different patterns, or have already achieved goals that you are working towards -Create a date for when your business could run without you, or be a sellable asset Useful Links: Financial Survival Network Steve Rozenberg
21/11/22·18m 18s

What Comes After Capitalism? - Marco Dondi #5659

Summary: We outgrow many things over the course of our lives, financial systems included. Is it time to move beyond capitalism? Marco Dondi, the author of Outgrowing Capitalism: Rethinking Money to Reshape Society and Pursue Purpose, comes on the show to propose how we can rethink capitalism to build a better future. His book sheds light on how the financial system and money operate; furthermore, Marco fosters understanding about how money can be allocated to ensure smooth transitions within the global economy. Proposing more of an equal balance between freedom and government intervention, Marco unveils some solutions for the problems and inequalities that stem from capitalism. Highlights: -Is it time to move beyond capitalism? What’s the difference between capitalism and free markets? -Marco Dondi is the author of Outgrowing Capitalism: Rethinking Money to Reshape Society and Pursue Purpose -We are starting to outgrow capitalism—especially in developed economies -Capitalism has created many useful things, but it has also created many problems (i.e. inequality, environmental problems) -Lots of people today think that the government should intervene whenever they see fit -Capitalism entails a balance of freedom and government regulation -Marco proposes that some things can be designed to be much more free -Energy transitions have never been done by the government; they’ve taken place within markets -Hefty investments needed to bring new technology to a level of efficiency -There are times when the government needs to get involved, but sometimes they can do more harm than good (i.e. the energy crisis) -Is a carbon free world worth it considering the turbulent path required to get there? -The transition will not happen without new global regulations and countries that are willing to take the lead -We need to decide to what extent we can cause pain; some countries are in a better spot to make this transition -With climate change, there needs to be more strategic direction. -The constraint continues to be that money is limited. It’s important to understand where the financial system is putting this money, and how it can be allocated in a better way Useful Links: Financial Survival Network Outgrowing Capitalism
18/11/22·27m 23s

Stagflation Survival Network: How to Navigate Through Fluctuating Markets - David Stryzewski #5658

Summary: There’s talk of inflation, stagflation, and rates going up—is it too little too late? David Stryzewski joins us in this episode to discuss why this time will not be different, emphasizing that the true cause of our current economic turmoil stems from supply issues. With this in mind, currency continues to spiral downward, and the next crisis will come as a result of adjustments on the earnings side of things. Nonetheless, there are a few investment opportunities to take advantage of in fluctuating markets—fixed index annuities being particularly opportunistic right now. Listen in as David shares information that is relevant to the current situation and strategies to pull you through uncertain times. Highlights: -A lot of what policy has been doing is actually making inflation worse -Affording life is becoming a lot more expensive -The consumer is 70% of our economy today -41 and a half years account for a full cycle. The Fed cannot continue to raise rates like this -Inflation comes from spending, but how did we not see the problem earlier? We didn’t see it because these dollars went into the banks, and banks were lending out money for mortgages -More millionaires have been made in real estate over the years than any other industry -These dollars got out into society, and the catalyst for inflation going through the roof was Biden’s administration -When the Fed raises rates, the goal is that the consumer can borrow less and has less purchasing power -As much as we believe “this time will be different,” this is rarely the case -Analysts today are looking at earnings and noting that companies are making the same amount of money as they were in previous years. This is merely because prices are so high -What we’re going through right now has always been a supply crisis -The Fed essentially doubled mortgage rates, which has created a huge challenge. Rates have gone up about 4% -Who affects supply? Right now, no steps are being taken to fix the supply issue -Migration changes within the US are probably going to slow down -Builders are in a very difficult spot today; it has been extremely expensive to acquire property to build, and to get the assets needed to build. Approvals have also become more troublesome to get -Corporations are borrowing -In regard to pensions, it’s going to be the American consumer that feels the pain of this -We’re about to see the earnings side of things get adjusted, which is what the next crisis will stem from -Hedging is known as taking a long position but having some defense in the event that things don’t work out -You can make money in down markets; you just have to know where to go. You have to learn to understand cash, protected assets, and risk assets -Bonds can lose money in five major ways -Fixed Indexed Annuities have the ability to give you upsides when markets are going up, down, and sideways. They provide more certainty, and there has never been a better time to own these -Utilize an asset class that doesn’t follow the same rules to reduce risk and increase returns -Protected assets have less liquidity -In the short term, we’re seeing a bit of a relief rally Useful Links: Financial Survival Network Sound Planning Group
17/11/22·27m 6s

Brace Yourself for the Worst - Debbie Bloyd #5657

Summary: Printing money during the pandemic has unsurprisingly caught up with us. What does this mean for interest rates, real estate, and our everyday finances? Debbie Bloyd comes on the show to talk about some of the most pressing consequences of inflation—the shift in the psychology of the housing market being a major one. Since rates today are nearly double what they were last year, buyers have lowered their budgets and accepted that this is the new normal. There is not much that we can do to change these circumstances, but Debbie talks about the things we can control, such as leveraging the money you already have and looking to buy rather than rent when possible. Tune in for more great insights from Debbie. Highlights: -The decisions being made in D.C. have major consequences. We printed a lot of money to help people during the pandemic, but the effects of this catch up with us at some point -It is costing people to live more now than ever before -A lot of people on fixed income are struggling -Rates today are 7.7%—almost double what they were last year -People that wanted to buy houses last year decided to wait it out, but have now lowered their budget due to the increase in rates -On the flip side, home prices have gone down a bit -There aren’t going to be people buying homes unless they have the money to spare -People are waiting for prices to drop, but we have to accept that this is the new normal -The people that are going to move are the people that need to move, and the housing market is going to calm down. Debbie predicts that people are going to sit still for the next few years -Leverage the money that you have. When it sits in the equity of your home, it doesn’t gain anything -Put your money into an investment that makes more than your mortgage -If you’re moving from somewhere that has more expensive real estate, prices in states like Florida seem like a bargain. It’s important to remember that real estate is relative -The Fed won’t pivot for a while, according to Debbie. They will raise rates again one more time next year; the situation isn’t changing for the next 6-8 months -Home buying is still a better option than renting from a landlord Useful Links: Financial Survival Network Money Strategies with Debbie
17/11/22·19m 8s

When Is It Safe to Go Back to Crypto? - Joe Robert #5656

Summary: The crypto space is melting down, and we’re looking at a potential laundering scheme with donation funds. The Founder of Robert Ventures,Joe Robert, comes on the show to talk about the current state of cryptocurrency, and outlines some important things that he has learned over the last year. The crypto movement is ultimately about taking custody of your own assets, and it’s crucial to assess sustainability in the long term when it comes to digital assets. Joe recommends a few solid cryptocurrencies to invest in right now, and provides expert knowledge on holding digital currency. Highlights: -Many theories are circling, but we don’t have the full picture yet -When you have money that can be easily made, a lot of people show up on the scene and problems can arise. People try to take advantage of the situation -The loudest players end up being the people that get in trouble -Robert has learned that the ethos around the crypto movement is taking custody of your own assets so that no one can put them at risk -In any market, if the yield seems unreasonable, it typically always is. It isn’t sustainable over a long period of time -In a bad economy, you’re more concerned about return of investment rather than return on investment -When will it be time to get back into crypto? Bitcoin and Ethereum are safe bets at the moment -Anytime data integrity is necessary, the blockchain is going to be involved -Even as tens of billions of dollars have been invested, there are still busted trades Useful Links: Financial Survival Network Robert Ventures
16/11/22·18m 7s

Tier One Silver Finds More High-Grade Silver, Copper & Nickel with CEO Peter Dembicki

CEO Peter Dembicki and Exploration SVP Christian Rios gave us a sponsor update on Tier One Silver (OTCQB: TSLVF – TSX-V: TSLV). The latest channel sampling results from the Magdalena Target at Hurricane were reviewed. While the ultimate proof is delivered by the drill bit, these results show that Tier One is likely on to something big. They found 1 meter of 852.5 g/t silver, 1.54% copper, 0.34% lead and 0.23% zinc: 1 m of 522.5 g/t Ag, 1.15% Cu, 0.18% Pb and 0.18% Zn and 2 m of 232.5 g/t Ag, 0.37% Cu, 1.06% Pb and 1.78% Zn. Mineralization at Magdalena has been extended by 500 meters. So far 4 kilometers of vein corridors have been identified.  SVP Rios related, “It’s exciting to see the Magdalena target significantly expand after just 15 days of field work. Mineralization is present across horizontal and vertical extents with more than 150 m in vertical exposure and two levels of historical underground workings. Additionally, we are seeing anomalies that are consistent with an intrusive related system and the mineralization remains open in all directions, making this area a strong exploration priority of the 13 targets in the Hurricane district.” Previously, SVP Rios’s efforts helped to reach a social agreement, which was rapidly approved by the communities adjoining Hurricane. Tier One took advantage and quickly started work, thus further dispelling many of the myths of dealing in Peru.   CEO Dembicki relates that there could be a copper-nickel deposit present that may rival some of these huge deposits found in Russia and Brazil. Upon confirmation of the sampling, Tier One’s optionality will increase greatly.   Peter gave us his take on the junior miner sector’s current state. He noted that silver has recently bounced back to nearly $22 and appears to be going higher. He further observed the paradox of increasing institutional investor interest, while the retail interest in the sector has been lackluster. Looking ahead to 2023, he thinks that investors will again start focusing on drill results, ore grades and other important data as they pour into miners again. Prospective drill programs are now being refined and in early 2023 they will re-commence. It’s an exciting time for Tier One and for us as shareholders. Website:   Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV
15/11/22·15m 22s

Income Focused Investing to Help You Retire - James Locke #5655

Summary: Will your investments keep up with inflation so that you can retire, or will you have to work forever? This episode’s guest, James Locke, provides some information on how you can invest to prepare for retirement, tailoring strategies to your personal portfolio and needs. He says that it is critical to shift to income focused investing, and to always consider how you can invest some of your current income back into future income. Moreover, be sure to work with someone who will listen to your needs and help you create a sustainable plan for retirement. Tune in for more insight. Highlights: -A lot of James’ clients have left the options world -The number one question James gets is “Can I retire?” -There aren’t as many pensions anymore. People start to wonder if their money supply will last longer than them -What do you want to base your retirement on? What you know, or what you hope? -Shift from growth focused investing to income focused investing -Bonds, dividend stocks, and preferred stocks are good things to look into -If you invest a little of your income back into income, you can grow it over time -Look at your portfolio/retirement as if it were a house. Even if it’s worth more at a specific time, that doesn’t mean you can spend more -Stocks won’t go up until people are confident that rate hikes have stopped -It’s good to collect a number of perspectives. Make sure you’re working with an income specialist who will listen to your needs rather than telling you what you need Useful Links: Financial Survival Network Poole Locke Associates
15/11/22·17m 43s

Passively Invest in Short Term Rentals - Sabrina Guler #5654

Summary: With the arrival of elections, many people are voting with economic issues in mind. Here to talk about the economic side of real estate is Sabrina Guler, the Co-Founder of Techvestor. Techvestor is a company that allows you to passively invest in short term rental investment properties, and has raised $21 million in the past 12 months. It runs through Airbnb and VRBO currently has 61 funds in total, over half of which are already active. Sabrina talks about the process of scaling Techvestor and maintaining short-term rentals to ensure the best experience possible. Tune in for more information on some of the exciting things Techvestor is doing, and to learn about the opportunity that lies in short term rental investments. Highlights: -Techvestor is primarily on Airbnb and VRBO -They have 61 funds right now, 30 of which are under contract and in the process of getting launched. They currently have 31 active listings up -They are primarily leveraged -When they started, they set a bar for the types of homes they would be buying—which is important within investment -They focus on larger homes with more amenities -It’s important to have good people on the ground that know the house very well, and understand your expectations -It’s the little things that contribute to a positive experience for guests across the board -As they scaled the business, they were able to move into new markets -They don’t have their own platform for direct bookings, but they plan to think more about this in the future -A lot of people (in Florida at least) get tripped up on sales tax, resort fees, etc. This makes accounting all the more important, Sabrina’s company performs this very thoroughly—taking location specifics into consideration Useful Links: Financial Survival Network Techvestor
14/11/22·16m 47s

Low-Risk Gold Stock with Realistic 5-Bagger Potential -- Osino Resources' CEO Heye Daun

Heye Daun, CEO of Osino Resources joined us for a sponsor update. Osino is developing the Twin Hills Gold District in Namibia; he’s moving rapidly to build a mine. Daun a native Namibian mining engineer has built several successful companies, which were successfully acquired. He cashed up Osino around 18 months ago, raising $19 million through a private placement and warrant exercise. Osino has been racing ahead ever since. It recently secured a non-dilutive $10 million credit facility to hasten the mine building process. Earlier in the year Osino acquired the nearby Ondundu project from B2Gold, adding nearly 1 million more gold ounces to the resource. Now it’s just a shade under 4 million ounces, Daun is confident that the company can push it over 5-million-ounce mark. He is undaunted by the junior sector’s current woes. While he’s open to Osino acquisition by an appropriate suitor, he’s very content to build this mine. Improving the lives of his countrymen is extremely important to him. Namibia is a very stable country that is openly supportive of the mining industry. When combined with the project’s economics the story is quite compelling. Based on $1700 per ounce gold, the company will be generating substantial cash flows upon mine completion, which Daun expects in 2025. Higher gold prices and enhanced exploration potential will make the project that much more profitable. Everything is looking up for Daun and Osino Resources and so is the share price. It seems that word has gotten out among well-heeled Namibian investors, they have been buying up shares at an impressive rate. Company website: Ticker Symbols: OTC:OSIIF  TSXV:OSI  FSE:R2R1
11/11/22·18m 22s

FPX Nickel’s Pilot Plant Producing High Grade Nickel with CEO Martin Turenne

We sat down for a sponsor update with FPX Nickel’s CEO Martin Turenne. Interest in FPX has increased greatly as major nickel customers line up to secure future deliveries. In addition, FPX built a pilot production plant to prove the efficacy of its nickel sulfate refining process and its ability to produce high-grade metal, without the need for smelting. Results from the first 18 tons of material are expected before year end (or early January) and Martin says the metallurgical results are huge and could be just the catalyst FPX needs for a revaluation of its shares. Nickel has been hot. A March short squeeze sent it soaring and it has since come back down to earth, but it was still trading at a healthy $11 per pound the day we spoke. That’s a level Martin is very comfortable with. He’s extremely bullish and for good reason. The recently passed US Inflation Reduction Act has many benefits for the battery metal sector and FPX in particular. The Act provides a $7500 tax credit to EV purchasers, provided that the batteries contained therein were produced in the US with materials from the US, Canada and Australia. This has led to a surge of companies seeking to build battery factories in the US. Additionally, the Act provides $750 million to junior companies to help them perform the requisite studies and compliance requirements needed to fast-track their production. This is a tremendous boost to smaller companies seeking ever more scarce capital. Step-out drilling continues at the Van Deposit. Results will be forthcoming shortly. An updated mineral resource estimate is on the way for the Baptiste Deposit. Therefore, all the steps are in place for FPX to advance its projects and ultimately realize its true value. Company website: Ticker symbols: OTC: FPOCF — TSX-V: FPX
11/11/22·17m 15s

Escape the Economy and Embrace Rural Life - Aaron Clarey #5653

Summary: An undeniable paradigm shift taking place lies in the move towards self sufficiency. This is a major component of the rural lifestyle, and Aaron Clarey comes on the show to talk about some of the things he noticed when transitioning out of urban life in his move to South Dakota. Aaron describes many of these changes as psychological. Leaving a big city means getting used to a slower pace of living, with less hustle and bustle and establishments that shut down earlier. He has found himself less concerned with the US/global economy, and has an interesting perspective on these things in relation to his life in a rural community. Tune in for more insight. Highlights: -There are paradigm shifts taking place, and a major trend taking place is the move towards self sufficiency -Many people experience a shock when they go to less urbanized areas -Aaron has adapted to the rural lifestyle, having lived in South Dakota for a while now -One of the biggest adjustments is going from the hustle and bustle of traffic and constant activity to the slower life or rural communities. It’s a psychological adaptation -Establishments have fewer employees, and thus close down earlier -Higher end amenities are few and far between -There is a greater sense of community in more rural areas, which comes with heightened accountability—but this is good thing -Aaron feels somewhat divorced with the US/global economy, but this comes from his job. He considers himself a contrarian investor -Aaron is also a minimalist; he doesn’t have many expenses -It’s good to pay attention to politics and economics, but responding with anger doesn’t accomplish anything. -Accept what you do and do not control, and don’t let the negative things that aren’t in your control bring you down Useful Links: Financial Survival Network Captain Capitalism Aaron's Consulting Company
11/11/22·30m 48s

Polls and Prices: Real Estate in November 2022 - Andrew Ragusa #5652

Summary: Are home values and securities/investments going to implode? I sit down and chat with New York real estate expert Andrew Ragusa to get the latest insight on what’s happening in real estate, especially in light of the economy and politics. Speaking from his experience in the industry, Andrew reports that many people are leaving New York City and settling in the suburbs, and this is largely influenced by crime. He also notes that, although people don’t have as much buying power as they once did, people are still buying and there is a lot of inventory on the market. Tune in for more information on what is happening and what is to come in real estate. Highlights: -Everyone is concerned about inflation, the price of food, and the prices of homes -People are headed to the ballots with financial issues in mind -People are upset with how much money is being spent -New leadership in Congress could help put some sort of check in place -Homeowners in NY are also thinking about crime -Lots of people are leaving the city and relocating to the suburbs -We’ve seen a 5-6 point increase in a year, and prices have still not budged very much -New York State could very well shift political views, with many voters going red this time around -The bidding wars with properties are no longer as drastic -People don’t have the same buying power they used to, but they are still buying nonetheless. There’s also a decent amount of inventory on the market. Beforehand, many people were settling for a home rather than finding one that fit all of their criteria Useful Links: Financial Survival Network Andrew Ragusa Instagram Andrew Ragusa Website
10/11/22·14m 57s

Join the 1%: Keep a Daily Ledger - J.D. Frost #5651

Summary: How do you reach your goals in difficult times? J.D. Frost has asked himself this question, and is coming out with a new book called The Life Ledger to help you make progress and work towards what you want. J.D. believes that writing down your goals and reviewing them each day is essential to reaching your desired life, wealth, and accomplishments. In his book, he introduces the daily ledger practice, which is a way for you to write down your targets and affirmations and track progress towards your goal. If you want to be in the 1%, be sure to tune in to this episode and pre-order J.D.’s book, which is linked below. Highlights: -J.D. Frost has a new book coming out called The Life Ledger, and talks about how he has prevailed in difficult times -The way you spend your time each day dictates how you spend your money. Additionally, your intentionality with your time is a lead indicator of your wealth -Every 30 minutes, take account of what you are doing -Ask yourself: is what you are doing an asset or liability -Time management alone won’t lead you to success. Writing down your goals every day and reviewing them will help you get to where you want to be -To stay in the coveted “1%,” you have to always keep in mind that the tasks you do every single day contribute to your situation. Daily effort is required to reach your goal -The daily ledger: write down your targets, which are short term daily confirmations that you can achieve your goal -We spend a lot of time thinking that we’re busy rather than being productive or focused -Define what wealth is for you, and determine what you really want -Intentionality and focus are crucial to create the wealth that you desire -Find somebody that has done it before you, and use them as a benchmark of where your focus should be. Seek mentors in people that want the same things as you and are working towards similar goals -Affirmations are also part of the daily ledger -If it’s not working yet, keep doing it Useful Links: Financial Survival Network The Life Ledger: How to Build a System to Reach Your Goals J.D. Frost
09/11/22·15m 30s

Multi-Bubble Popping Economy with John Rubino #5650

Maturing debt in a higher interest rate environment is spiking everyone's debt-carrying cost. US now spends more on interest than defense.  Meta is firing thousands of employees this week. Lots of other tech companies doing the same on a smaller scale.  Mortgage rates at 7.5%, mortgage demand plunging. The housing bubble has definitely burst.  Huge shift in stock market leadership from tech to energy. Twitter take over by Musk and the fallout.  Gold and silver had a massive up day on Friday.  Meanwhile, central banks are buying gold at a record pace, some of them in secret.  Can we talk about the Atlantic "covid amnesty" article and the response to it? Is a Red Wave coming on Tuesday?
08/11/22·34m 19s

Start Now With Startups - Adam Tank #5649

Summary: Looking for a breath of fresh air outside the corporate world? A startup company or small business environment might just be exactly what you need. I have Adam Tank on the show to undertake this topic, and he points out some of the benefits of this transition, which he made in his own career. After working in the corporate world, Adam made the decision to bet on himself and hasn’t looked back. He encourages people to create a product or service that lends itself to the skills they already have, and to target the more resilient/essential industries. Highlights: -When you look at what’s happening in real estate and the markets in general, it’s a bit disappointing. Perhaps you need to become a startup junkie -Adam used to work in the corporate world. His primary goal was to get paid every two weeks and earn benefits, and rely on big companies rather than himself -He wishes that he would have bet on himself a lot sooner. There is a lot of risk management that happens when you bet on yourself -We’re now seeing massive rounds of layoffs within tech companies -Create a product or service that lends itself to the skills that you already have as a creator -Look at industries that are resilient (i.e. water, power, etc.) -Is college still worth it? -Go out and do things; rather than just absorbing information, involve yourself in projects and gain real world experience -Adam wishes he would have transitioned to the small business environment or started his own business sooner -The best time to be greedy is now; its’s buying/investment season -We’re probably going to see a lot of new startups cropping up in the next year Useful Links: Financial Survival Network Adam Tank
08/11/22·15m 52s

Stock Market Gains Wiped Out, is Gold Next to Collapse? - Gary Wagner #5648

Summary: Gold has been lagging, but recently showed a bit of life. To get the proper gold forecast, I invite Gary Wagner to come and discuss this topic with me. There are multiple factors influencing the price of gold, a crucial one being dollar weakness. This weakness was the preemptive force in moving gold prices, but future gold prices will be largely determined by other reports, including third quarter GDP. Tune in for more insight. Highlights: -Dollar weakness was the preemptive force moving gold prices -The question becomes: how much have the intense rate hikes impacted inflation? -The third quarter GDP is going to be key -Will this be the last raise, or are we near the end? -Putin is not just fighting Ukraine, he is fighting the West -$17 in gold price were attributed to dollar weakness -We’re seeing resistance at 16.80 Useful Links: Financial Survival Network The Gold Forecast The Gold Forecast YouTube
07/11/22·21m 24s

The Long Road to Stopping Inflation - Phillip Streible #5647

Summary: How much lower can markets go? Perhaps the answer is in the futures market. To better understand the trends being exhibited in futures, I sit down and chat with Phillip Strieble, the Chief Market Strategist of Blue Line Futures. He explains that the Fed and central banks are not going to stop tightening any time soon, and these decisions are made retrospectively. Using data of the past to pave the way for the future is not always successful, and we can expect to see rates rise until late 2023/early 2024. Tune in for more insight. Highlights: -We are still in the midst of a tightening cycle; the Fed and central banks will continue to over-tighten into the new year -Things are essentially going to go from bad to worse -The GDP increased by 2.6%, but this data is in the rearview -The Fed bases their decisions with raising rates on the past -The unemployment rate is going to continue to tick up -Will the Fed be successful in bringing down inflation? -Energy costs in the UK will be up in the winter; in turn, the costs of other goods have to go up -The last quarter of 2023/first quarter of 2024 is when the Fed is expected to finally cut rates -There are a lot of things we can do to get oil prices lower -With the environment, we’re not going to see real change unless other countries around the world are involved as well Useful Links: Financial Survival Network Blue Line Futures
04/11/22·17m 48s

Now is the Time to Join Commercial Real Estate - Jennings Smith #5646

Summary: Economic growth is slowing, and with all of the economic instability, it’s necessary to rethink your plan for success. Jennings Smith comes on the show to talk about how you can do this with real estate—specifically the commercial realm. Real estate is one of the best ways to protect yourself from inflation because you can use debt as a lever; cash left sitting around is going to inevitably erode. Jennings provides some information on what’s happening in the commercial real estate industry, and gives tips on how to establish yourself whether you’re new to commercial real estate or already involved. Listen in for expert insight. Highlights: -We’re seeing rising inventory in real estate, and rents are peaking in many markets -He has built up a real estate portfolio of over $60M -Rents are peaking and even dropping. Is this a good time to invest in real estate? -Jennings primarily focuses on commercial real estate. Real estate is one of the best ways to protect ourselves from inflation because you can use debt to lever yourself -This is a great time to get into multi-family real estate; if you leave your cash sitting around, it is going to erode -Prices have cooled off a little bit in the commercial space, but we haven’t seen the drastic “fall off the cliff” we saw back in 2010 -Don’t sit around waiting; actively look for creative/non-retail price deals -Many people are not incentivized to sell right now -There is a lot more inventory flooding the market with multi-family real estate, but Jennings has not witnessed massive motivation -Many sellers are not willing to take a cheaper price unless they have to -More sellers are open to seller financing and other options -If you don’t have a track record, you should probably start with a single family home -Building your reputation amongst brokers can help you generate more deals -If you see a property in your town that is overgrown, this indicates that someone is not happy with their property. Calling the number on the sign and talking to the owner is a great start to sealing a potential deal Useful Links: Financial Survival Network Jennings Smith
03/11/22·21m 58s

The Rally Isn't Over Yet - Avi Gilburt #5645

Summary: -In spite of lower earnings, we’re getting a market bounce. Avi Gilbert comes on the show to give us an idea of what’s going to happen. Moving in the opposite direction of what was expected, we’re seeing a rally that could last a few more weeks. During a time like this, it’s easy to get swayed by the news, but Avi asserts that following charts and markets can help you pinpoint the highs/lows. Tune in for more insight on what’s to come. Highlights: -We’ve done the opposite of what everyone expected, and we could rally for a few more weeks -Avi is watching how the rally takes shape in order to determine if we’ll see a higher high over 4800 or not -Tune out of the news and listen to the charts and markets -It’s the interpretation of the market participants that will drive what happens -Silver possibly has a lesser potential for already hitting its low -With energy, Avi is questioning if the low has already been struck -Avi doesn’t believe that bonds are completely dead right now, but this is subject to change Useful Links: Financial Survival Network Elliot Wave Trader
02/11/22·20m 39s

Category Five Economic Storm Continues - Adrian Reid #5644

Summary: How much longer will we have to endure the treacherous economic waters? Adrian Reid comes on the show to give us some insight on the how these trends will play out in the near future, reminding us of some of the factors that contribute to a bear market. It’s more important than ever to study market history and know what the markets are capable of in these conditions. Tune in for more knowledge and tips from Adrian. Highlights: -We’re in a category five economic storm around the globe, creating treacherous waters for investors -How much longer will this trend continue? -If we don’t get inflation under control, bad things are going to happen -The biggest up days and strongest rallies occur in bear markets. It’s important not to be fooled; be wary of jumping on board -Many traders/investors lack patience, which is their biggest downfall. In the markets, you have to adopt a long-term view\ -Look for long-term change in a trend and lower volatility -Market volatility remains high, but we’re not in a bull market -Knowledge of market history is crucial. It’s important to look at charts (i.e. DOW, S&P) and study them at a granular level -Eventually, we’re going to have to start looking for a bottom, but it’s important to be patient Useful Links: Financial Survival Network Enlightened Stock Trading
01/11/22·16m 21s

Inflation Isn't Going Away Anytime Soon - Lobo Tiggre #5643

Summary: Inflation is here to stay, and Lobo Tiggre comes on the show to talk about why this is the case. Countries like China are paying the price for their totalitarian form of governing, as well as countries/states that were more strict during the pandemic. Additionally, we are in the midst of a bear market that is a product of the Fed raising rates, and the US consumer is still spending in hopes that the Fed will beat inflation. Tune in For more insight. Highlights: -Things look bad right now, but fear not—we’ve been here before, and we’ve gotten out of it -China is now paying the price for having totalitarian power; they are still struggling as a result of the lockdowns -The states that were more ‘free’ during the pandemic are doing better now -We’re in the midst of a bear market that is a reaction to the Fed’s raising of rates -In the US, the consumer is still spending -The average person still things the fed is going to beat inflation -Triple digit oil prices are probably going to be the new normal -If you don’t like the price of gasoline, buy some oil companies and profit on the upside -Utilities are regarded as a safe investment, but they don’t have control over their pricing—they’re governed by politics -In regard to currency, the dollar will be the last man standing Useful Links: Financial Survival Network Independent Speculator
31/10/22·30m 16s

Flipping Homes and Fortunes - Glenn and Amber Schworm #5642

Summary: If you’re interested in real estate and/or home flipping, you’ll want to tune in to this episode. Glenn and Amber Schworm have done a thousand home flips and brought in thousands of dollars of revenue from this business venture. They come from humble beginnings, entering the industry with no money but a surplus of determination and drive. They are passionate about helping everyday people create wealth through real estate investing, and you can hear more of their story and ambitions in this episode. Highlights: -Glenn started his first company at 19, and him and Amber were in networking/marketing companies -They were in debt and had to decide what professions to undertake -They went to a real estate seminar, and the speaker made them consider the concept of flipping homes -The first flip is always the hardest. Glenn and Amber used a bank loan to buy the house, and credit cards to do all of the flips. After they flipped it, they brought in $17k -In 2008, they lost all of their funding for their houses under contract, and started utilizing private lenders Useful Links: Financial Survival Network Glenn & Amber Schworm
28/10/22·14m 2s

Fury Gold Mines Expands High-Grade Gold Deposit with CEO Tim Clark and SVP Bryan Atkinson

We sat down for a sponsor update with Fury Gold Mines’ CEO Tim Clark and SVP of Exploration Brian Atkinson. The company recently concluded an 18,000 meter drill program and has received half of the results to date. Drill results from two holes came in particularly strong, with the first (drill hole 22EC-055) intercepting eight zones of mineralization across 290m, including 4.0m of 5.75 g/t gold, 1.0m of 9.81 g/t gold and 3.0m of 1.93 g/t gold and with the second (drill hole 22EC-049) intercepting six zones of gold mineralization across 350m including 1.0m of 21.40 g/t gold and 4.50m of 1.09 g/t gold, at the Hinge Target. This resulted in mineralization being extended by nearly 25%. SVP Atkinson explained, “We have now stepped out over 450m from the defined Eau Claire Resource and have yet to find the limits of the mineralized system…further drilling may potentially lead to a substantial increase in defined gold ounce resources. The goal is to find 2 million ounces.” CEO Clark added that he is very pleased with the results and the company is looking forward to next year’s drill program. The recent partial sale of Fury’s shares in Dolly Varden Silver, together with other earlier transactions has left Fury with C$13 million in the treasury. Thus next year's drill program is in the bank. The company's stability continues to attract additional institutional investors and interest from major producers. While many of its peers have had to put things on hold, Fury continues ahead unabated. The junior mining sector finds itself in a paradox. Institutions are following the sector closely, while individual investors are all but ignoring it. Quite clearly there is a disconnect and this could be the pathway to large profits, which is why we own shares in Fury and are committed to the sector. Company website  Ticker Symbol: TSX/NYSE American: FURY
27/10/22·20m 21s

Mitigate Risk and Maximize Cash Flow - Russ Morgan #5641

Summary: What can you do to accomplish your goals and lower your risk within the current economic environment? Russ Morgan from Wealth Without Wall Street comes on the show to talk about how you can make sound investments in uncertain times, and ultimately mitigate your risk. Russ emphasizes the importance of monthly cash flow investments, and recommends the non-typical investments. Tune in to hear more about how you can manage your risk and make wise decisions in uncertain economic circumstances. Highlights: -Inflation is showing no signs of letting up, everything is getting more costly, and we’re seeing heightened geopolitical risks -You can’t live off of fixed income without it being impacted whenever the government makes changes -You can’t eliminate the effects of inflation, but you can creatively mitigate your risk in a few ways -Russ has been investing for cash flow very heavily over the last 2-3 years -Passive income greater than monthly expenses is financial freedom -Rents in the real estate are going up rather than down -It’s helpful to invest in multiple cash flow sectors—especially non-typical investments -Russ recommends The Art of Passive Income Podcast if you’re curious about land investments -How long is this down cycle going to last? -Interest rates will probably raise for the next 12-18 months, and then come down sharply -This makes sense if you consider that the commercial banks own the Federal Reserve -Find investment opportunities that make cash flow on a monthly basis. Everything can lose money, but making cash monthly puts you in a more secure position -Investing for rate of return and not understanding what you’re investing in are some of the greatest mistakes, according to Russ -Many people invest in things that they can’t touch, with no access to their cash flow Useful Links: Financial Survival Network Wealth Without Wall Street
27/10/22·20m 6s

Currency, Geopolitics, and Voting Are in Flux - John Rubino #5640

Summary: Could the Yen be the currency to collapse and set off a domino effect? I sit down and chat with John Rubino about all of the economic factors that are contributing to the state of flux we are in. At the most basic level, it is a problem of currency and inflation, but extends to relations with Russia, the prospect of war, and the major mindset shift that is taking place. We are in a time of immense change, and numerous issues are contributing to this change. Tune in for more insight. Highlights: -What’s going on with the Yen? It’s all the talk right now -For the past 30 years, the Japanese has been borrowing large amounts of money and using it to finance infrastructure programs -For a long time, this worked, and they could take debt at extremely low interest rates. Now, they are facing large inflation, and are struggling to support the currency -Could the Yen be the currency to collapse and set off a domino effect? Time will tell -China is the only major economy that is cutting rates, but their currency is falling as well -Previous bubbles have been sector specific, but this one is centered around money -Europe is stocking up on natural gas in preparation for the Russian cutoff -There is zero inflation in the commodity space -Used cars and home sales are also down -The people in charge right now seem to want a war -Elections are coming up as well, and we’re seeing people settling for candidates they may not normally prefer -States have changed their political alignments, with generational shifts. We may be on the verge of one now -These things change for a number of reasons. It looks as if we are now focused on things like crime and the declining country -The Republicans have shifted their rhetoric to appeal to working people rather than corporate CEOs -Groups such as Latinos have shifted their alignment -There is a shift in the voter profile that is taking place. This is a necessary shift; we should be focused on class issues and increasing the wealth of the working people Useful Links: Financial Survival Network Dollar Collapse
25/10/22·29m 12s

You Need Home Security--Now More Than Ever - Robert Siciliano #5639

Summary: If given the choice, why wouldn’t you reduce the risk of your home getting broken into? Thankfully, you DO have the choice, and Robert Siciliano comes on the show to talk about how this type of risk reduction is massively underutilized. We live in a society where people are preoccupied with information security measures, and yet, these same people neglect to install security systems in their own homes. These extra measures are not synonymous with paranoia; rather, they instill preparation for the criminal activity that can occur anywhere—no matter how safe you perceive your neighborhood to be. Tune in to hear more about why home security is especially important now, and to learn about how you can start taking extra measures. Highlights: -We’re in a post-pandemic inflationary environment. How do you survive and thrive in this world? -Lots of people are resorting to violence and theft. Throughout the pandemic we’ve seen increases in substance abuse, domestic violence, and more division than we’ve ever seen -There has been an increase in crime all across the board -Taking extra security measures is especially important right now -Security begins with the person; you need to understand personal security practices -15-20 million homes are going to be burglarized in the next decade -Most people don’t have a home security system because they believe they live in a “safe neighborhood.” Safe is an absolute; there is no such thing as a 100% safe neighborhood -Crime may be less frequent in certain locations, but it still occurs -People often perceive those that engage in extra security practices as paranoid -Most people are in denial about the level of risk they expose themselves to -It’s crucial to understand your risk and put various levels of security in place. When you do this, you are a much more difficult target -We know that the “it can’t happen to me” mentality is unrealistic, and this is why we take precautions in everyday life (i.e. putting on a seatbelt in a motor vehicle) -The people that are preoccupied with information security are the same individuals that don’t have home security systems -If you could cut your odds of being burglarized, why wouldn’t you? -Security is ongoing, and it is a process you need to be engaged in -As humans, we trust by default, and this trust is necessary for our society to function. But it is important to recognize risk Useful Links: Financial Survival Network Protect Now
25/10/22·31m 27s

Putting the Inflationary Genie Back in the Bottle - Mark Skousen #5638

Summary: The inflationary genie is out of the bottle…will we ever be able to get it back in? Here to weigh in on this is Mark Skousen, infamous economist and producer of FreedomFest. In regard to inflation, we are seeing some of the expected effects based on past inflationary periods, but some unexpected conditions for the dollar and gold. It is becoming more clear that, while our current circumstances resemble the 1970s, things are different this time around. We also discuss the global implications of the dollar, and look to the future of digital currency as our other currencies become increasingly unstable. Tune in for more insight from Mark. Highlights: -Inflation and interest rates are never neutral; they affect certain sectors more than others -The Fed’s hands are full, and we are in a time of instability -A recession in the stock market was inevitable -Inflation is not going away any time soon, but it will go down as the Fed tightens. Money supply growth is also down to 5-6% a year -The Fed is serious about fighting inflation -In the 70s, the dollar was weak and gold was going through the roof. We are currently seeing the opposite of this situation -This is having global effects; everything is priced in dollars -With high inflation, you would think that gold would be higher -Supply chains have been disrupted -There has been a slowdown in China, and real estate has been in turmoil as well. People are refusing to pay mortgages -They are also experiencing a population growth collapse -It’s easier to call a top in Bitcoin because they are obvious. The bottoms, on the other hand, are more sublime -It still doesn’t fall into the definition of a currency -They need to eliminate the tax disadvantages tied to digital currency transactions Useful Links: Financial Survival Network Mark Skousen FreedomFest Memphis 2023
24/10/22·25m 28s

Don't Let Rates Hold You Back - Alejandro Szita #5637

Summary: Alejandro Szita comes on the show to give us the latest insight on what’s happening with real estate. He touches on the confusion in the real estate market right now, and stresses that it is better to not focus so much on rates; rather, it’s important to get your mortgage to a point where you can live with the monthly payment. Listen in for more useful insight from Alejandro. Highlights: -There is a lot of confusion in the real estate market right now; many people still need a place to live, and lots of people are still trying to sell -There is a lot of pressure on the housing market—especially sellers -People are focusing on rates rather than their goals -You need to bid aggressively and take advantage of the market -Since rates will probably go higher, now is the time to negotiate -It’s not about what the Fed can or cannot do; the inflation in place is for the scarcity of goods -Holding a physical asset can get you through a situation like this -Get your mortgage to a point where you can live with the monthly payment, and stop worrying so much about the rate Useful Links: Financial Survival Network Prosperity Lending
24/10/22·22m 40s

Don't Go Down the Credit Rabbit Hole - Paul Oster #5636

Summary: Property values are going down, interest rates are increasing, and it looks as if a recession is around the corner. What does this mean for your credit? I sit down and chat with Paul Oster about strategies for managing your credit during times like this; he emphasizes that it’s crucial now to budget and lower your expenses. He recommends a few online tools that you can utilize to pay your bills on time and manage everything in one place, and you’ll find that keeping your credit under control may be easier than you imagined. Tune in for more information. Highlights: -Hopefully this doesn’t last long, but there’s no doubt we’re headed down a rabbit hole—if not a recession, a slow-down -In this environment, it is that much more important for people to pay attention to their credit score -Banks and creditors can use whatever score model they want to use -Focus on paying high interest credit cards off now -The only solution is to budget and lower your expenses; you need to run your household like a small business -Now is the time to change your behavior—you can’t keep doing the same thing and expect different results -Put your bills on autopay -He recommends which puts all of your bills in one place and gives you alerts/spending analysis is also a good resource Useful Links: Financial Survival Network Better Qualified
21/10/22·17m 0s

A New Era for Crypto - Collin O'Brien #5635

Summary: It’s a new era for crypto, and I sit down and chat with Collin O’Brien to get the latest insight on digital asset prices, regulation, and long term feasibility when competing with other sovereign currencies. The company Collin works for, Rubic, is assisting with cryptocurrency transactions and making digital trading more fit for everyday use. He is helping to build the future of cryptocurrency, so be sure to tune in and hear some of his expert knowledge. Highlights: -What can you say about cryptos that you can’t say about other investment bubbles? Cryptos always go up, but it’s a new era -At the end of the day, it’s just a market -Collin looked at Bitcoin when it was priced around a dollar -He wanted to buy a thousand at $1.79, and everyone told him it was a waste of money -Six years later, the industry peaked his interest again -Bitcoin is a bit of a libertarian construct paradise -In terms of regulation, the authorities are behind the curve -We need the people in charge of writing crypto legislation to be very involved and tech savvy -Can independent cryptos compete with sovereign currencies? We don’t know if this will be the case in the long term -If you have credits for an application on one network, it is extremely complicated to use them on another network -Collin’s business is removing the middle men from the process of moving credits over
-Rubic makes the process of moving values amongst blockchains easier Useful Links: Financial Survival Network Rubic
21/10/22·24m 14s

Economics Dictated by Demographics - Eddie Yoon #5634

Summary: Inflation numbers are coming out at 30 year highs, and CPI isn’t going down any time soon. What indicators should we analyze in order to explain the current economic circumstances? I sit down and chat with Eddie Yoon, who attributes some of the trends in labor force participation and unemployment to an unusual number of baby boomers working for decades and now retiring. We are trying to solve for something systemic by implementing short term solutions, and businesses ultimately have to shift gears to cater to one two two person households rather than the nuclear family. Tune in for more insightful remarks from Eddie. Highlights: -Inflation numbers are coming out at 30 year record highs -Unemployment numbers look good, but these are lagging indicators -CPI is not going down; is this good or bad? This is also a lagging indicator -We are causing inflation in order to fight inflation with interest rates -Consumer sentiment is trending up, which is a good sign -The number of travelers is still trending upwards -Labor force participation is low in comparison to the last 40 years -If unemployment was higher, the Fed may back off -There may be something simpler going on that explains what is going on -Baby boomers retiring may play into labor participation -It’s not that things are problematic in the near term, it’s that we had an unusually large work force for about three decades, and these people are now retiring and leaving -We’re solving for something systemic with short term solutions, which is going to cause more damage -The businesses that are going to do better will be less volume dependent and more premium oriented -Companies designed around the nuclear family will struggle, while businesses designed for one to two person households will be more successful Useful Links: Financial Survival Network Eddie Would Grow
20/10/22·19m 8s

A World of Trouble Ahead - Gordon T. Long #5633

Summary: When is the capitulation going to come by the central banks? Gordon T. Long comes on this episode to talk about our current economic problems—including energy, central bank issues, and the progression of inflation. There’s no easy way out of the current inflationary environment, and it looks as if the Fed is going to have to hold rates up longer than we want in order to reach capitulation. Tune in for Gordon’s analytic perspective and more information on what’s to come. Highlights: -We’re nowhere close to solving the energy problem, and now it has become a geopolitical issue -The implementation plan for green energy in the US makes no sense -Energy in Europe is a massive issue, and we are in a cycle -Pushing green energy without the market being ready/able would push us back to brown energy at this rate -Force feeding creates bad policies -We’re seeing central banks with serious problems that spring out of gyration that accompanies inflation -Too many people have their eyes on the Fed -The only way to get inflation under control is to hold up rates longer than people want and to get the capitulation to happen -The current situation is unique because, as things are breaking, the treasury is taking actions -If inflation pivots too quickly, people will turn against the Federal Reserve in a massive way -How do you make money in these circumstances? Sometimes it just takes patience; you have to establish the trends Useful Links: Financial Survival Network MATASII
20/10/22·18m 27s

Up Your Income Through Irrationality -- Dan Ariely & Kristof Gleich #5632

Dan Ariely is a Founding Partner of Irrational Capital and a leading behavioural economist, author, entrepreneur, and a James B. Duke Professor of Psychology and Behavioral Economics at Duke University. He is also a founding member of the Center for Advanced Hindsight.  Dan’s groundbreaking work in behavioural economics has led to the publication of several New York Times bestselling publications including Predictably Irrational: The Hidden Forces that Shape Our Decisions. Irrational Capital is an investment research and development firm that applies workplace behavioural science, financial acumen and data science to capture the powerful connection between human capital and financial outcomes.   Kristof Gleich is the president and CIO of Harbor Capital Advisors, Inc. Kristof oversees all Investment, Distribution & Marketing and Executive Office functions at Harbor.  He provides insight while helping lead Harbor’s strategic growth plan. Outside of work, Kristof is kept busy chasing around after his three sons.  Prior to joining Harbor, Kristof was a managing director and global head of manager selection at JP Morgan Chase & Co. He received a B.S. in Physics from the University of Bristol. Kristof is a CFA® charter holder and is FINRA Series 7 and 63 licensed.
19/10/22·30m 44s

Precious Metals Defying Logic - Andy Schectman #5628

Summary: Where are the precious metals markets going? Furthermore, why are they going down, and how is the dollar going up? Andy Schectman comes on the show to break down what has been happening in the metals markets, which are defying logic in many respects. We’re seeing more silver being drained at the top, and massive withdrawals of gold from the exchange—with deliveries to China. Tune in to hear about what to expect from the precious metals as we continue to struggle with supply, increasing rates, and uncertain conditions. Highlights: -Precious metals are defying logic in many respects. Andy says he’s never seen a market quite like this in his career -Over the last five months, almost 550 tons of gold have been removed from the metals exchange and have seen four year high in exports to China. Essentially, we’re seeing massive withdrawals and deliveries -Silver is trading at triple the premium it normally does in India, and India is importing large amounts of silver -At the very top, we see more silver being drained -Supply is as stressed and as strained as 2008 -It is getting increasingly hard to maintain a flow of product -It’s better right now to be early than late -Even with high rates, it is extremely difficult to get inflation back under control -The cost in rolling bonds over has become exponentially more expensive Useful Links: Financial Survival Network
19/10/22·19m 43s

CPI Blast-Off Should Come as No Surprise -- Matthew Johnson #5630

In all actuality is not a huge surprise that PPI increased.  When you consider the economy as a large heavy car, (think 1976 Lincoln Continental) this thing was completely stalled blocking the middle of the road in 2020.  That’s good for no one, so the motivation is “do something!”   The government starting pushing on the car to get it moving.  They print a lot of money, flooding the economy with plenty of liquidity, then interest rates get lowered to 0%, this incentivizes and stimulates spending…little by little the car begins moving but then it really gets moving.   Now the car is travelling too fast and it’s time to pump the brakes…they’re failing.  People start running in front of the car, pushing on it, trying to slow it down but remember it’s a big heavy car…there’s a lot of mass behind it and it’s hard. We can’t expect what’s happening right now to put an immediate stop to the rise in costs and demand.  There’s lag and lots of it. At the same time, what the Fed is doing is dangerous.  It’s adding to inflation and it’s only treating the symptom in my opinion not the illness (supply.)
18/10/22·20m 21s

The Bear Market You’re in is Always the Worst - Bob Hoye #5629

Summary: We’re in a post bubble contraction, and Bob Hoye comes on the show to break this down for us. Bob specifically studies financial bubbles, and notes a few features that are indicative of these bubbles—such as the decline of real long interest rates. Furthermore, we talk about gold stocks in relation to the bubble, and Bob shares some information about what to expect in the near future. Useful Links: Financial Survival Network Charts and Markets
14/10/22·41m 29s

Meet Tony Award Winning Real Estate Investor - Matt Picheny #5627

Summary: Can a career in production yield a successful real estate investing career? In Matt Picheny’s case, it absolutely can. Matt moved to NYC years ago to pursue acting, and then found himself in a digital marketing career that eventually transitioned to real estate. He has discovered the importance of persistence in each of his career paths—especially real estate investing—and emphasizes the significance of fostering good relationships. Tune in to hear Matt Picheny’s unique perspective about investing in real estate, and to hear tips on how anyone can get involved. Highlights: -How did this skill set Matt up for being a real estate investor? A number of events/skills let to Matt becoming a real estate investor -He moved to NYC and was a professional actor for 5 years. For 18 years, he had a digital marketing career and then transitioned to real estate -Persistence has allowed him to succeed, and this skill always prevails in the long run -Success is a rollercoaster -Everything is life and business is about relationships, so it is important to develop these -As things become more digital, how do you bridge this divide? How do you allow technology to help you rather than block you from creating new relationships? -Use technology to foster relationships -You can facilitate deals without putting down money -One suggestion for someone wanting to get in the business is education: get in a classroom, read books, or listen to podcasts -It’s also important to take action. Don’t fall into paralysis analysis -Fear of the future is often worse than the future itself Useful Links Financial Survival Network Picheny
13/10/22·18m 26s

Global Turmoil Deepens - John Rubino #5626

Summary: Global turmoil is deepening, and the Russia/Ukraine war is escalating. How are these problems going to affect commodities/markets? John Rubino comes on the show to unpack this. Energy and food are going up while housing and used cars continue to go down. Additionally, we have a crucial election coming up that could yield a very divided government. There is a lot to discuss, so be sure to tune in to this episode! Highlights: -Global turmoil is deepening; the Russia/Ukraine war is escalating -The best time to be a defense contractor is during war -PayPal is penalizing subscribers $2500 if they say something that contradicts the official line of the government -We are seeing energy and food going up, while housing and used cars go down -In the short run, food and energy will give us inflation above the 2% target -Midterm elections are going to possibly be very serious—especially in consideration of crime and inflation -We will potentially have a divided government for the next couple years; both sides will have different opinions about how to fix things -Keynesianism doesn’t recognize debt as part of its model, which has implications for government thinking -Gold and silver protect you in the long run with a crazy world Useful Links: Financial Survival Network Dollar Collapse
13/10/22·37m 11s

Powell Pivot, Now or Never - Edward Siddell #5625

Summary: Job numbers appear to be strong; are they a lagging indicator or a leading indicator? Edward Siddell, CEO of EGSI Financial, comes on the show to warn us of the recession we are in. Rather than moving towards recovery, we are approaching a tough year; we will probably see one more rate raise in March of 2023, and other subsequent shifts. Tune in for more information on what’s to come. Highlights: -Edward’s firm is at the forefront of retirement planning -Rather than approaching recovery, Edward says we are in a recession -2023 is going to be a tough year—we’ll probably see one more raise in March -No one wants to take the risk calling Powell’s bluff -The worse the economy gets, the faster the pivot downward is going to go -We’re not going to see changes until the dollar weakens -Is this recession going to be similar to or different from all the others? Time will tell -Be cautiously optimistic -We’re seeing a raise to liquidity - The Fed doesn’t have much other choice than to print money Useful Links: Financial Survival Network EGSI Financial
12/10/22·18m 51s

Category 5 Economic Storm is Upon Us - Michael Pento #5623

Summary: You may have escaped the recent hurricane on the East coast of the US, but everyone is going to get hit by the economic storm taking place. Here to talk about this is Michael Pento, who predicted the record high inflation that has been rampant throughout 2022. He explains some of the culprits of the most pressing economic problems today—to which demand destruction and rising nominal interest rates have affected various markets. Tune in to hear more about what’s in store and to get Michael’s firsthand perspective. Highlights: -The economic storm taking place is a category 5 and no one seems to be aware of it -Back in 2021, Michael predicted record high inflation for 2022 and the Fed slamming on the brakes in an extremely weak economy -The Federal reserve has only raised interest rates by 400-500 points a year twice -Something in the credit markets is going to have to break for the Fed to come to the rescue -We have added $3 trillion to household debt to GDP; it is significantly higher than it was in the past -We’re already above the rate Powell was threatening to take us to -It’s not just the dollar that’s hurting us; it’s demand destruction -All bank loans have gone up exponentially, and all debt is hurting the consumer -With deflation, the real price of gold could go up while the nominal price goes down -Rising nominal interest rates lead to rising real interest rates -When real interest rates are rising, you don’t want to go near gold -Michael doesn’t think energy prices will go down in the short term, but that demand destruction will become so acute in 2023 that prices could go down -2023 has a huge recession in store -You stay in power by giving people things for free, but this creates problems Useful Links: Financial Survival Network Pento Portfolio Strategies
11/10/22·37m 38s

Chance Finucane is Cashed Up on the Sidelines Waiting - Chance Finucane #5624

Summary: These are dangerous times in global markets, stock markets, and commodities. Can you make money in a market like this? Chance Finucane comes on the show to discuss this topic; based on past long term bear markets, there’s still a way to go before you should consider hopping back in. Inflation has already peaked, but it is not going to decelerate in the way that the Fed hopes. There are many factors at play in regard to the current market, so tun in for the latest insights. Highlights: -What sort of strategy do you implement in this market? The focus is much more on preservation of capital; Chance doesn’t mind increasing liquidity -Chance might not hop back into the market until sometime next year. Based on analyses of past long term bear markets, there is still a bit of a way to go -Chance’s company typically invests on behalf of former business owners, and they try to manage the downside so that bonds/portfolios don’t go down too much -Inflation peaked in June when it got to around 9% -Inflation is going to decelerate, and will probably stay in the mid-single digit area for longer than you would expect -There are lots of external factors, especially with oil -Chance’s company likes the pipeline businesses -Usually this recessionary environment isn’t good for commodity prices -We’ve started to see some home price decreases -People aren’t willing to leave their current home if they own one Useful Links Financial Survival Network Oxbow Advisors
11/10/22·15m 24s

Real Estate Going, Going, Gone? - Naresh Vissa #5622

Summary: Real estate is the big question on everyone’s mind: can you stay in real estate or should you sell? I have real estate expert Naresh Vissa on this episode to talk about this, and we are facing precarious market conditions. However, this doesn’t mean you shouldn’t keep your eye on real estate over the next few months. Naresh advises investors to wait until interest rates peak, and look into possibly getting in the market around December/January. Tune in for more advice on navigating the current real estate market. Highlights: -How do you make money with 7% 30 year fixed rate mortgages? -Unless you’re working in the space, you probably don’t fully understand the real estate market -Home values are going down -We’re seeing a 1% decrease per month on home values -The Federal Reserve is raising interest rates; it looks as if they’re trying to change course and do a soft landing -It’s not a bad idea to wait another 2-3 months as interest rates peak and then get in around December/January -Look at where declines have been, which places are offering discounts, etc. -As you have fewer buyers, rent prices are continuing to climb Useful Links: Financial Survival Network
10/10/22·13m 47s

Shred Your Debt - Adam Carroll #5621

Summary: Looking to rid yourself of your debt? If so, you don’t want to miss this episode. Adam Carroll’s business implements what he calls “The Shred Method” in order to get people out of debt in 3-5 years. This is done through home equity lines of credit that move in tandem with where rates are going. Using a special software, the algorithm adapts to someone’s specific income, equity, and debt, and allocates money accordingly. Tune in for more information on The Shred Method and tips on how to re-think your debt. Highlights: -Adam uses what he called “The Shred Method,” or home equity lines of credit -The line of credit moves in tandem with where rates are going -By next summer, we could see 8% mortgage rates -Income begins to cycle through the HELOC -Interest is charged on the ending daily balance -The Shred Method involves working with a coach because everyone has a certain risk profile -Adam’s team likes to analyze income, equity, and the consistency/predictability of these things -You can save a large amount of money in interest, and earn back more of your income -Local banks/credit union are still open to doing lines of credit -There’s little risk involved if you follow the model closely -We’re finding the normalization point in the curve -Shred is a behavior modification tool—constant reminders of what to do and when Useful Links: Financial Survival Network The Shred Method
07/10/22·19m 14s

Economy is Going Down - Michael Busler #5620

Summary: What’s going on in the markets? Stockton University Professor of Finance, Michael Busler, comes on the show to talk about why markets are behaving in the way that they are. The stock market and investors are ultimately telling us that the recession we’ve been talking about is real, and and it is going to continue to get worse over the next year. Additionally, multiple sectors such as energy and agriculture (i.e. grain) have been greatly impacted by the war on Ukraine, and have caused further geopolitical conflict. Tune in for more insight on what’s to come. Highlights: -Professor at Stockton University -The total wealth of the stock market has declined by almost $9 trillion -The price you’re willing to pay for a stock depends on your expectation of future earnings -If you believe a recession is coming and corporate profit is going to go down, then the price of your stock is going to go down -The stock market/investors are telling us that this recession is real and is going to get worse over the next year -The war on fossil fuels is driving prices up and supplies down -The war has resulted in the shutoff of Russia’s natural gas -The Biden administration has wanted us to leave fossil fuels since day 1, but not every American is convinced of the validity of this idea -Reducing the supply of fossil fuels has driven up the prices of energy, which have also been affected by inflation -The entire energy policy has caused much of the inflation we have today as well as geopolitical problems -10% of the world’s grains come from Russia and Ukraine, which have been shut off. Food prices are going to go up even more. This will have a significant impact less developed countries Useful Links: Financial Survival Network Michael Busler Twitter Funding Democracy Facebook
06/10/22·19m 28s

The Law of Attraction Isn’t Enough - Ken Burke #5619

Summary: We love having guests on Financial Survival Network that can help you bring your entrepreneur game to the next level. Ken Burke comes on this episode to tell you about how you can combine your idea for a business with action to supercharge your entrepreneurial career. Ken discusses multiple strategies for getting your business out there; it’s important to not only manifest your goals, but to take action and put in the time/work to grow your business. Rather than imagining failure and looking for obstacles, start learning and get feedback from other entrepreneurs to make the necessary improvements. Highlights: -Ken is all about teaching people to embed growth in their businesses -Entrepreneurship is a learned skill; it is a passion to create something out of nothing -How do you know when your passion/business idea is legitimate? If you have an idea, remember that action creates momentum -Google competitors and other products/services to take steps towards your idea -A great entrepreneurial skill is patience and perseverance; you have to be in the game to win the game -Remember that things don’t necessarily work on YOUR timeline -Make sure your idea is financially feasible. If you can’t make money with your idea, you can’t grow it or create meaningful impact -The law of attraction is helpful for clarity and directing your energy towards something that can manifest/produce itself. On the flip side, it doesn’t provide the action that is needed to create something; you have to do this! -Fear of failure stops entrepreneurs from actually pursuing their idea because they fall into analysis paralysis -We are ultimately all hear to learn, grow, and develop; failure is impossible because these feats always teach us something and allow us to get better -The stronger the problem an entrepreneur is solving, the bigger the opportunity -Get feedback from other entrepreneurs and your target market. Your idea may need refinement so that people can understand it -People want to know that they can get out of your product; focus on the emotional output of your product Useful Links: Financial Survival Network Prosper: Five Steps to Thriving in Business and in Life EntrepreneurNOW
05/10/22·23m 22s

Wall Street’s Watchdog Speaks - Chris Markowski #5618

Summary: Chris Markowski—AKA Wall Street’s Watchdog—has some criticism for the Fed, and comes on the show to talk about what they’re doing wrong at the moment. A lot of the conventional wisdom that is being taught about the Fed needs to be re-evaluated; there are a myriad of solutions for the current economic problems that go beyond our conventional perception of the Fed’s role/power. Nonetheless, there is a lot to be taken advantage of right now from an investing standpoint, and Chris names some assets and ventures to keep your eye on. Highlights: -Inflation is not transitory. Additionally, the Fed had raised rates slightly last year or cut back on bond buying, the situation could be different -Markets got crunched this year -The concept that the Fed is going to be able to solve this is just one part of the solution—things can be fixed in a myriad of ways -We don’t have enough resources for things like alternative energy -A lot of this inflation is self inflicted -Many recessions in the past haven’t been named recessions until later, but we’re currently seeing slowed economic activity on numerous fronts -As an investor, there’s a lot you can take advantage of -Chris gets nervous when markets are rapidly going up -It’s all about quality and companies that pay you to own them -Uranium and lithium need to be part of your portfolio -Many commodities across the board are starting to come down Useful Links: Financial Survival Network Watchdog on Wall Street
04/10/22·13m 24s

Easily Raise Real Estate Capital - Dave Dubeau #5617

Summary: Looking to raise capital as a real estate investor? Dave Dubeau has some useful strategies to share. Even with interest rates going up and rampant inflation, Dave says that this can actually work to your advantage with raising capital for real estate investing. Comparatively, these ventures look more promising than other investments. Tune in for more information. Highlights: -Even with interest rates going up, we’re big on real estate because of the housing shortages -We’re bullish on real estate, but the biggest obstacle you’re going to encounter in real estate is raising capital -Dave discusses strategies for getting the money for the initial costs/down payment -If possible, use your own cash/credit for your first deal -Get in the game and learn what’s going on with the deal -Be actively involved in the after-purchase part of the process -Focus on a type of real estate investment that makes sense long term -With interest rates going up, it can actually help to raise capital and bring investors on board because your can compare/contrast what they’ll be getting with your real estate deal vs. other investments -Focus on where your strengths are; it depends on what you’re doing and what deals you’re looking for Useful Links: Financial Survival Network Raise Capital 101 Show
04/10/22·23m 44s

Hold on to Your Cryptos - Gregory Johnson #5616

Summary: There’s so much happening in crypto with the bear market, so Gregory Johnson comes on the show to tell us how cryptocurrencies are going to behave in light of the financial world. As the CEO/Founder of Rubicon Crypto, Gregory’s mission is to provide investment solutions and understanding within the crypto space. He explains that regulation is actually going to drive the next bull run, and stresses the importance of having the longest term view when investing in crypto. Tune in for more expert insight. Highlights: -There’s a lot going on in crypto; bear market and Bitcoin is with us -We have been trading mildly under the resistance point in the last few days -A lot of the crypto behavior is going to depend on what’s happening in the financial world. We’ve seen interest rates going up, but this shouldn’t deter the optimism and excitement for the timeline investors should be thinking about in terms of digital assets -Ethereum is the largest cryptocurrency in terms of network usage and integration -The dollar is hitting record levels on the DXY index -With cryptos, there’s all sorts of ETFs and futures contracts -We need to be mindful of celebrity investing culture -Regulation is going to drive the next bull run -Early adopters will benefit from increased structure, from a regulatory perspective -If you are involved in digital assets, you have to have the longest term view. Useful Links: Financial Survival Network Rubicon Crypto
03/10/22·17m 17s

Europe’s Implosion Gaining Steam - John Rubino #5615

Summary: An election took place in Italy that could change things, and the Euro has been sinking like a stone…What’s in store for Europe? I sit down and chat with John Rubino to discuss the European economy. Their energy system has taken a turn for the worse, and their currency problems cannot be fixed with with monetary policy. They will inevitably have to tighten, as inflation and broken supply chains cannot be fixed with easy money. Tune in for more insight on what’s to come for Europe. Highlights: -The dollar is strong—which is the flip-side of this situation -Europe has screwed up their energy system and is trying to run a modern economy on ancient energy resources -There was a major drop in Pound Sterling -There’s not obvious end to this. They have to borrow money to cut taxes, as well—which means creating more currency -The Euro is below the dollar now -Europe’s mistakes cannot be fixed with monetary policy, but they’re going to have to tighten -Inflation and broken supply chains cannot be fixed with easy money, so the central banks are stuck -With alternative energy (especially electric cars) there are many considerations that come with transitioning to these sources -Houses were very inexpensive 2 years ago, and now they’re unaffordable. If nobody can afford houses, nobody can buy houses. We will probably see a big crash in home sales -Tightening is going to have to go on longer, but most places you look, inflation has dissolved -Many effects of inflation are going to be with us for years -Tens of trillions of dollars are evaporating from the portfolios of the billionaire class -In the end, the system works for the people with the money -The federal reserve wasn’t just set up by the banks; it is owned by the banks Useful Links: Financial Survival Network Dollar Collapse
30/09/22·26m 27s

Buy Gold and Silver and Don’t Worry - Todd “Bubba” Horwitz #5614

Summary: Gold and silver prices have gotten beaten up in the last few days/months. What is the reason for this? Todd “Bubba” Horwitz comes on the show to bring us up to speed with the precious metals, and emphasizes that we are not in the idea situation for gold at the moment. He advises buying it—but not with leveraged money. Moreover, it’s most crucial to focus on your own portfolio right now rather than getting lost in what’s happening with the rest of the markets. Tune in for more insight. Highlights: -Most investors try to make a winner out of a loser -We have dramatic inflation and the dollar is exploding, but this isn’t the idea situation for gold -It’s important, however, to focus on your own portfolio/finances. Not being a loser makes you a winner -We’re coming into a major food shortage in the U.S. There are already food riots in the Middle East -Food shortage has been underplayed/underreported in China. They now can’t buy enough food -Todd believes in buying physical gold—as long as you’re not buying it with leveraged money -Everyone should own a portion of precious metals—but not paper ones -You lose your freedom if you become a victim of market volatility Useful Links: Financial Survival Network Bubba Trading
29/09/22·19m 6s

What’s Really Going On in Europe - Octavio Marenzi #5613

Summary: he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come. Highlights: -Things look normal so far, but change is lurking on the horizon -Europe is going through a major energy crisis, however -Octavio’s gas bill just doubled -A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies -The woman who running for Prime Minister in Italy looks a bit like a right-wing populist -There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them -Russian gas flow has been mostly cut off to Europe -The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time Summary: he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come. Highlights: -Things look normal so far, but change is lurking on the horizon -Europe is going through a major energy crisis, however -Octavio’s gas bill just doubled -A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies -The woman who running for Prime Minister in Italy looks a bit like a right-wing populist -There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them -Russian gas flow has been mostly cut off to Europe -The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time Useful Links: Financial Survival Network Opimas
28/09/22·22m 15s

The Worst Case Scenario - Chris Vermeulen #5612

Summary: Where are the markets heading? Chris Vermeulen comes on the show to talk stock markets, precious metals, oil, and the other industries we’ve kept our eye on. The predominant theme right now is panic selling; people are eager to get out of the stock market, but with this selling comes strong rallies. Gold is hanging on by a thread, and needs to show more consistency in order for it to look promising. We are also seeing the energy sector struggle; Chris points out that all assets follow the broad market, and advises not to get overly confident in this circumstance. Ultimately, capital preservation is the most important thing right now—with an emphasis on low risk investments. Highlights: -We’ve were seeing a rally over the last few weeks, but now we’re experiencing panic selling; people want to just get out of the markets -We’re in a strong down-trend. Bonds and equities are selling out; however, this could give us a bottom for a tradable bounce -With panic selling comes strong rallies -Downward price action will bring the stock market down into a major support zone. From here we could see a 5-10% bounce in the market -Gold is hanging onto a thread; if it breaks, it could go back to 1300 -There’s going to be a lot of volatility/pain for those who don’t have a plan to get out of the precious metals -The market is trying to suck people in to get traders excited -It needs to hold 21 for more than a day to actually be interesting -The energy sector is struggling Useful Links: Financial Survival Network The Technical Traders
27/09/22·23m 34s

Back to the Office with Carl Gould #5611

27/09/22·16m 51s

Dollar Stays High Till 2023 - Eric Hadik #5609

Summary: Commodity prices have gone down and interest rates have gone up, but what else is going on? Is inflation peaking? Erik Hadik comes on the show to talk about this, and reports that multiple gauges for inflation indicate that it is most likely at its peak. Erik urges us, however, to not read too far into these cycles—pointing out that cycle highs don’t necessitate an immediate down trend to follow. Tune in for more expert insight. Highlights: -Erik Hadik said inflation was going to peak in Q3; is this true? Commodity prices have gone down and interest rates have gone up, but what else is going on? -There are many gauges for inflation -Each indicator/cycle gives you a certain amount of information or data, but don’t read into it too much. When you’re in an up trend, it could top at ten in one month and then pull back to eight—trading between these -A cycle high doesn’t tell you that there is a down trend to immediately follow -The dollar is making highs and was trading above par with the dollar; it looks like things are coming up -This could be the terminal rally in the dollar leading to a multi-year rally starting next year -We still have a few months left and a few rate hikes -The trajectory of rate hikes isn’t going to stay the same, or even remain as intense -Oil has remained below the significant cycle high -There’s a good chance for cryptocurrency to see a run=up in the coming months Useful Links: Financial Survival Network INSIIDE Track Trading
23/09/22·30m 6s

Make Money in this Market By Shortening Your Time Frame - Dutch Masters #5608

Summary: What do you do when markets get volatile? Dutch Masters, the CEO of Carnivore Traders, sits down and chats with me about some of the trading strategies they use within his group to combat the effects of this volatility. Tune in to learn about what types of stocks to watch in this market, and to get knowledgable expertise from Dutch. Highlights: -We’ve been long, short, long/short at the same time…when the markets get volatile like this, it’s difficult to find a trend either way -To combat this, they shorten their trading time frame -In a bull market, they go after SAS companies—stocks that are very volatile and move many points a day -Many people don’t understand the dynamics of the stock market, which is crucial in comprehending how individual stock prices move Useful Links: Financial Survival Network Carnivore Trading
23/09/22·23m 40s

Powell’s will Pivot but When - Craig Hemke #5607

Summary: Craig Hemke comes on the show to give a comprehensive update on precious metals—which have been sinking. Craig says that it’s remarkable that they’re not even more down based on interest rates, the stock market, and the Fed’s recent decisions. There seems to be a sense of complacency with the Fed, but it’s time to acknowledge that they can’t fix everything, and many of their recent moves have worsened the problems we’re currently facing. Listen in for more insight from myself and Craig. Highlights: -Precious metals have been sinking -Gold and silver are down, but it’s remarkable that they’re not down more in consideration of interest rates, the stock market, and the Fed’s moves -Silver is closer to/has already seen its lows -Craig is more worried about gold, running its stops -The Fed needs to make a choice between letting the dollar go to nothing, or killing the economy/stock market -People are viewing the Fed as an omnipotent force with full control over currency -There is complacency across the markets, but this is not a sustainable way of thinking Useful Links: Financial Survival Network TF Metals Report
22/09/22·25m 48s

God Bless America ETF (YALL) - Adam Curran #5606

Summary: Adam Curran comes on the show to share his investment philosophy—influenced by his upbringing and exposure to middle class life. Adam’s view of the economy is largely shaped by the people he advises; in his career he quickly learned that much of his Wall Street knowledge was useless. Rather, kitchen table financial planning taught him a lot about how everyday finances work, and what’s really important within the markets. Tune in for more information. Highlights: -Adam grew up helping him answer his Mom’s business calls. His Dad was an engineer so he also became skilled with numbers/math -Certain communities have lost touch with the challenges and concerns that people have on main street kitchen tables -Adam started his company after having conversations with these people and learning about their struggles -Kitchen table financial planning taught him that what he learned on Wall Street was meaningless—especially for families trying to calculate their expenses -How low can the current markets go? There is a lot of capital on the sidelines that Wall Street analysts are hiding—with the perception that it’s going to go away soon
-Adam could see the market dropping another 20% -Adam’s advice: Take a chunk of your portfolio and put it in something predictable/dependable, have a heavy emphasis on stocks that pay dividends, and don’t turn your back on the market. -There’s no asset class quite as good as income producing real estate; it’s best to sit on the sidelines and catch certain deals. It’s not about the home’s value, it’s about having a tenant in that home Useful Links: Financial Survival Network
22/09/22·26m 7s

God Bless America ETF (YALL) - Adam Curran #5606

Summary: Adam Curran comes on the show to share his investment philosophy—influenced by his upbringing and exposure to middle class life. Adam’s view of the economy is largely shaped by the people he advises; in his career he quickly learned that much of his Wall Street knowledge was useless. Rather, kitchen table financial planning taught him a lot about how everyday finances work, and what’s really important within the markets. Tune in for more information. Highlights: -Adam grew up helping him answer his Mom’s business calls. His Dad was an engineer so he also became skilled with numbers/math -Certain communities have lost touch with the challenges and concerns that people have on main street kitchen tables -Adam started his company after having conversations with these people and learning about their struggles -Kitchen table financial planning taught him that what he learned on Wall Street was meaningless—especially for families trying to calculate their expenses -How low can the current markets go? There is a lot of capital on the sidelines that Wall Street analysts are hiding—with the perception that it’s going to go away soon
-Adam could see the market dropping another 20% - Adam’s advice: Take a chunk of your portfolio and put it in something predictable/dependable, have a heavy emphasis on stocks that pay dividends, and don’t turn your back on the market. -There’s no asset class quite as good as income producing real estate; it’s best to sit on the sidelines and catch certain deals. It’s not about the home’s value, it’s about having a tenant in that home Useful Links: Financial Survival Network
22/09/22·26m 7s

Peak China - John D. Kuhns #5605

Summary: John D. Kuhns sits down and chats with me about Chinese infrastructure—which is lacking in strength and often misrepresented by the media. John provides an insider perspective; as someone who is working to save Bougainville, he notices a lot of the corrupt methodologies of the Chinese when it comes to building and infrastructure. He also predicts that China is at its peak as a commercial enterprise. Tune in for more insight. Highlights: -In addition to being a novelist, John D. Kuhns has extensive experience working overseas and in various fields -He’s handled various hydro-projects and electric projects in China -John thinks China is probably right at its peak as a commercial enterprise due to a few reasons, one being demographic trends -Additionally, the no-COVID policy has slowed the country down -Lastly, most economists estimate that the pervasive fraud takes about 20% of the cash out of the system manually, which isn’t sustainable -There are quality issues with the Three Gorges Dam -They have no interest in doing rudimentary, basic maintenance. They simply want to get it built rather than focusing on its infrastructure -The dam is built on two earthquake faults; we’re seeing cracking and draughts -John D. Kuhns has also been making efforts to save Bougainville -If the mine there was rejuvenated today, it would be one of the top ten silver/copper suppliers in the world -His latest book They Call Me Ishmael, is about the current president of Bougainville; there hasn’t been much literature on Bougainville due to the crisis Useful Links: Financial Survival Network John D. Kuhns
21/09/22·21m 44s

According to Daniel Matalon, There is Definitely Enough - Daniel T. Matalon #5604

Summary: Are we going to face perpetual shortages? Daniel T. Matalon comes on the show to assure us that the shortage of resources is not our fate. Daniel points out that there has never been a point in human history that we didn’t replace a resource that ran out with a better one. Furthermore, Daniel discusses how we measure wealth, and the way that communication and agreement allows us to produce more access to wealth. Tune in for more insight. Highlights: -Are we going to face perpetual shortages? It comes down to survival economics -When discussing human impact investors, Daniel looks to the question of how we can raise $3.5T in what we need for human infrastructure spending -Is there enough energy in California? If you’re in Europe, the answer is also know. Energy prices in Europe are 17x higher than they are in the United States -We are proponents of the world game -Have we ever run out of a resource in human history that we didn’t replace with a better one? Up until now, we haven’t -Human beings are more providers than they are consumers -Our ledger of wealth is survival over time -Wealth is produced by agreement; if we could become more capable of agreement, we would create more access to wealth -Daniel is about making the world work for 100% of humanity -At the end of the day, regardless of our partisan positions, we have to figure out what we’re going to do about it regarding if there are enough resources -Liberals and conservatives both value fairness, but their partisan backgrounds influence their interpretation of fairness Useful Links: Financial Survival Network #IsThereEnough
20/09/22·21m 9s

Tier One Silver Targets Potential Large-Scale Copper Mineralization with CEO Peter Dembicki

We met up with Tier One Silver’s CEO Peter Dembicki for a sponsor update. We were attending the Precious Metals Summit in Beaver Creek, CO, as you can see the mountains in the background. Peter is very pleased with the company's direction. Their silver targets for the next drill program are lined up. They have a pretty good fix on where they need to be. But Peter is really focused on pursuing the copper porphyry deposit that has every sign of being present. He related, “The CSAMT geophysical survey is a key component to learning more about potential copper porphyry mineralization, which we saw indications for in our first phase of exploration at Curibaya. This is an exciting development for the Company toward unlocking the large opportunity of a potential copper porphyry deposit alongside the epithermal silver system that we’ve already identified, and we look forward to defining these targets for our next drill program.” Once the survey is completed and final targeting is locked in, the company plans to begin drilling to uncover the potential porphyry system. A channel sampling program has been conducted to further refine targets within the newly permitted Cambaya target area. Things are looking up for Tier One. We hold shares. Ticker Symbols OTCQB: TSLVF – TSX-V: TSLV
19/09/22·12m 0s

How Much Longer Can Europe As We Know it Survive with John Rubino #5603

Europe is falling into an "inflationary depression".  Trillion-dollar bailouts of European energy and manufacturing companies are in the works.  How will that affect the euro?  How much longer can the Fed tighten into all this chaos? Everyone is restarting or building nuclear plants. Does that make uranium the best commodity play?  Gold and silver are still weak in USD terms but are moving into positive technical and seasonal territory. Will the next six months be better than the last six? Some are predicting a silver short squeeze. Is this possible? Zero Hedge has an article about how the fiat currency countries need to engineer a commodities crash to prevent the emergence of commodity currencies like what Putin is talking about. Does this mean higher interest rates for longer?   Russian retreat underway in Ukraine, fallout?
16/09/22·19m 2s

Explore the Shadow Job Market with Anish Majumdar #5602

Anish thrives on empowering jobseekers to take ownership now and live up to their potential. As an expert in the Hidden Job Market, he shares the 5-Step System to successfully land dream roles 75-85% faster than average, and negotiate career-best offers and outcomes.
15/09/22·21m 14s

Invest in Energy for High Dividends - Dee Carter #5601

Summary: The market has been up and down but it’s far below its peak. Is it going lower? Dee Carter comes on the show to talk about this, and he hones in on the energy sector. He explains that the fourth quarter won’t be quite as high as previously thought, and Natgas is particularly high right now. Tune in for more insight. Highlights: -The energy sector presents much value to Dee’s clientele -Look for things that pay high dividends, and the assets you can invest in comfortably -Devon industry has done well in the last few months -The fourth quarter won’t be as high as we anticipated -High dividend stocks are good under the assumption that companies are going to keep paying high dividends -Natgas is so high in the US because of exporting -Other sectors are in trouble, but energy looks positive Useful Links: Financial Survival Network Carter Financial Group
14/09/22·11m 22s

Capitulation in the Gold Market - Jordan Roy-Byrne #5600

Summary: Volatility is up and energy prices are going crazy—especially in Europe. Are precious metals poised for major advance? Technical analyst Jordan Roy-Byrne comes on the show to discuss what’s happening with precious metals, and points out the cyclical similarities between precious metals today and their behavior back in the early 70s. It seems that peaks in precious metals are followed by recessionary conditions a couple years later, and their behavior is directly linked to the Fed hiking rates. Tune in for more interesting insight. Highlights: -Volatility is up and energy prices are going crazy. European energy prices are at crisis level -Are precious metals poised for a major advance? -There are a lot of cyclical similarities between what’s going on today and what happened between 1969 and 1971 with the recession and metals prices -This was when inflation first became a problem and the Fed had to tighten -Everything in precious metals peaked two years ago, and now we are seeing a recessionary environment and extreme inflation -The best moves in the precious metals were in the 70s and 2000s -We had a technical recession in the first half of this year and we will probably see growth in this quarter -It’s just a matter of time before the stock market moves lower, and the Fed will be done hiking rates -A new precious metals bull market will most likely begin -You’re not in a real bull market when the stock market is still going higher -On a near-term basis, there is a concern that gold could come down a fair bit -The market is going to trend higher over the next 15 years -In the bigger picture, Jordan is not concerned -Sentiment is really negative at the moment -We’re in good shape because we’re nearing the point where the Fed is going to have to stop hiking -Fundamentally, for precious metals, it comes down to when they’re going to stop hiking. This is going to launch [recious metals through a really good rebound -The dollar is impacting what’s going on in the bond market -Foreign central banks/governments are selling their treasury bonds to get dollars (they have dollar dominated debts) -The Fed follows the market; ignore all this talk, and pay attention to what’s happening in the market Useful Links: Financial Survival Network The Daily Gold
12/09/22·23m 5s

Major Producer Gold Fields Invests C$15 Million in Torq Resources

We were very pleased to get a sponsor update from Torq Resources' CEO/Chair Shawn Wallace and Chief Geologist Michael Henrichsen. A lot of news has been coming out of Chile and Torq. First we covered the recent Chilean constitutional referendum, which was defeated by a large voter margin. CEO Wallace was never too concerned as the media’s perception didn’t reflect Torq’s experience there on the ground. Next we discussed Gold Fields’ (NYSE: GFI) recent C$15 million dollar investment in Torq (at a 23% premium to market) which marks a major milestone. Gold Fields is a major 1+ million ounce annual producer and has been conducting a very aggressive investment and acquisition strategy to keep its reserves stable. As a result, Torq is now better funded than many of its peers; its projects are progressing very quickly. Chief Geologist Hernichsen gave us an overview of the recent the Margarita project discovery. As a veteran of numerous discoveries, he still loves the thrill of a new major discovery. The grades were extremely high with 90 meters of .94% copper and .84 g/t gold. Henrichsen was quite surprised by the gold component, as it was completely unexpected. And it could be just the tip of the iceberg, as more drilling may reveal even better results. Flush with cash, drilling is continuing at a break-neck pace. Like everywhere in the world, assay lab results are trickling in. Both Wallace and Henrichsen acknowledged the contribution of their world-class Chilean team; it was instrumental in the find and the team is really hitting its stride. Wallace mentioned that Torq is blessed with an “abundance of riches.” Most companies would be content with just one of these potential “company-maker”world-class projects, but Torq has two! Despite the negative macro economic outlook and geopolitical ills, things have never looked better. The copper supply situation is rapidly tightening and there’s a race to find new supplies. Torq’s unique and improved position means that its projects are expected to lead to large future shareholder gains. Company Website: Ticker symbols OTCQX: TRBMF — TSX.V : TORQ
10/09/22·19m 26s

Cash Isn’t Trash - David Stryzewski #5599

Summary: What can you do in this environment to protect your wealth? David Stryzewski comes on the show to talk about this. For the last 50 years, things have been stable, but now it looks as if we’re headed into a hurricane while flying autopilot. This is because we’re not fully internalizing what is taking place, and all of the information we get from the Federal Reserve is in hindsight. In order to make real, valuable, change, we need to look to the future. Tune in to find out how you can do so. Highlights: -The market is really iffy right now; if it breaks through here, we could see a major decline -The dollar is at record highs -We’ve seen major turmoil and disruptions throughout history, but for the last 50 years, things have been stable -When something like a hurricane comes, we have time to anticipate it and prepare -Right now, we’re seeing the convergence of many cross winds—things coming together at a unique time in history -We need to analyze and internalize what’s actually taking place if we want to do something that will make a difference for our circumstances -Inflation is a real thing that is affecting everyone—it’s supposedly going down, but food and energy have been fueling this and have been tapering back -Interest rates are the other part of this equation, and they’re changing. This is a problem for people buying a home and businesses trying to metabolize -The Federal Reserve can focus on the demand portion, but they can’t affect the supply side -It’s important right now to pay attention to corporate earnings; they’re going to have to come down -All of the information (i.e. CPI) is in hindsight -Geopolitical components are significant, and are changing rapidly -We’re seeing a time frame where everything is changing; there is a hurricane in the distance, and we’re flying into it on autopilot. We need a ‘pilot’ that understands what’s happening, and can help us navigate through this situation -David is not excited about corporate bonds, and doesn’t want to own a big mutual fund that has a little bit of everything - this means it has the good and the bad -There has never been a better time to own a fixed index annuity -Silver actually gets used more -Miners have an opportunity to do some wonderful things Useful Links: Financial Survival Network Sound Planning Group
09/09/22·20m 3s

Stay on the Sidelines - Angela Sloan #5598

Summary: There was a big pullback in the markets right before the holiday, and it seems as if the best move right now is to try and protects ourselves. Angela Sloan, Founder/CEO of Sloan Financial, comes on the show to explain the Fed’s next moves. Rates keep rising by more points than ideal, and inflation continues to affect everyone involved. Tune in for more insight on what’s to come. Highlights: -We saw a big pullback in the markets right before the holiday -All we can do right now is try to protect ourselves -The Fed is probably going to raise rates another three quarters of a point—which is their only defense against inflation. It is a domino effect, however. -Energy prices have gone down, but not enough. What happens when the reserves run out? -Inflation affects everyone, and especially those on the lower end of the financial spectrum -Look at your big company value stocks, and if it’s at a good value, it may be the time to buy in -The market is over 400 points today, so there are people buying right now Useful Links: Finanaical Survival Network Sloan FInancial
08/09/22·14m 46s

Puts and Calls for DUmmies - David Jaffee #5597

Summary: Wondering how to deal with volatility and protect your gains defensively? David Jaffee comes on the show to discuss some strategies for trading based on how the market is progressing. He suggests that people hedge and take the opposite side, and also recommends buying elongated put options. This, in addition to taking the contrarian standpoint when investing, can help to reduce your portfolio volatility. Tune in for more insight. Highlights: -How do you deal with volatility? Should you put everything into cash or look for alternative strategies? -What is a poor investor to do, and how do you protect your gains from the last few decades defensively? -People need to make sure that they hedge and take the opposite side -It’s wise to end up buying puts -You can buy elongated put options that are two years in duration, which will reduce your portfolio volatility -It’s good to be a contrarian. When everyone is scared, it could be a good time to buy shares -Similarly, when the stock market goes up and people are euphoric, disciplined investors are buying protection because the market goes down a lot faster than it goes up -As long as you don’t trade too big, you’re safe -When the market is oversold, it’s better to buy elongated call options -In this moment, the risk-reward is favorable for buying elongated call options Useful Links: Financial Survival Network Best Stock Strategy
07/09/22·15m 13s

Lessons from Budapest and Buffalo - Elliot Fixler #5596

Summary: Elliot Fixler comes on the show to share his story and discuss his book, Full Circle, where he talks through the journey of finding his identity. Oftentimes we don’t ask questions about history—specifically our own pasts—and this can be very hindering. Elliot explains his grapple with this emerging from a family that lived during the holocaust, and his story is incredibly moving. Tune in for more information. Highlights: -People try to erase, cancel, and ignore history -When you understand history, you can learn something from it -Elliottis a recovering attorney from New York, and comes from a fascinating background. Born in 1944, World War II was winding down as Elliott came into the world -Elliot and his Mother eventually got out of Budapest and relocated to Buffalo, New York -One of his motivations for writing the book was that he didn’t ask a lot of questions about his origins/his mothers origins, and he wishes that he would have -Elliot grew up thinking that his step-father was his biological father, but this was not true -His real Father died in the holocaust, or at least this is the account he was told, but he never asked any questions -Attorneys learn to analyze everything, which needs to be taught more in this day in age Useful Links: Financial Survival Network Full Circle
05/09/22·18m 24s

A Penny Saved in Taxes is Better than a Penny Earned - Douglas Eze #5595

Summary: If you’re looking to close the holes in your financial bucket, you’ve come to the right place. Douglas Eze comes on the show to talk about some of the ways he helps business owners acquire the guidance/education to achieve financial success. Although our concept of “financial success” has changed over time, people want to collectively protect their income and keep more of their money whenever possible. Tune in for great advice from Douglas. Highlights: -Douglas’ goal is to provide business owners the guidance/education to achieve financial freedom -Our working definition of financial freedom has changed -Douglas aims to help people close the holes in their financial bucket—analyzing each area of their finances and determining what people are doing wrong -He frequently sees issues arise with paying mortgage -Taxes are generally your biggest expense. If you can find a way to spend less of your earned money on taxes, then you can improve your finances -Postponing taxes doesn’t help either -You have to adopt a different mindset of viewing your income/finances -You have to think outside the box; what used to work doesn’t work anymore. People have lost lots of money in their 401k. The key is being able to protect your money Useful Links: Financial Survival Network Largo Financial Services Have Money Forever
02/09/22·18m 30s

The Energy Bull has Legs - Grant Norwood #5594

Summary: High natgas prices are directly related to what’s happening in Europe. With $10 natgas and the potential for even more surges in price, it’s helpful to get an insider perspective on what’s happening. Grant Norwood, Founder of Norwood Energy, is at the forefront of these energy problems and explains some of the variables that make this energy market different from anything we’ve ever seen before. Tune in for expert insight. Highlights: -The high price of natgas right now is directly related to what’s happening in Europe -We’re seeingt $10 natgas and could potentially go a lot higher than that -Grant’s company, Norwood Energy, is at the forefront of all of this -Why is this different than any other energy market we’ve seen in this country before? -There are many shortages in other countries, and we’re exporting a lot of natural gas. We had a warm summer with 2 devastating winters, and a lack of investment in drilling and exploration over the last couple of years -The labor shortage for drilling oil and inflated cost to drill a well are also contributing to this problem -We’re probably headed back to where we were in the middle of the second quarter -Oil is a boom and bust business Useful Links: Financial Survival Network Norwood Energy
01/09/22·17m 50s

Nature Doesn’t Care About Rate Increases with John Rubino #5593

Powell's Friday speech: Tightening will continue longer than the markets expected. Stocks tank.  Housing is rolling over big time.  Europe's energy crisis is shutting down big parts of its economy. Austria's largest energy supplier, is insolvent — requires 1.7 billion euros to remain liquid, according to local media. The raid on Trump's house was either brilliant or stupid, depending on the objective.  Gold and silver are languishing while all of the above gets sorted out. Lots of bargains in the mining space. Meanwhile, tons of bullion is being taken off the market by central banks and investors.   Uranium is taking off as everyone restarts their mothballed plants.
31/08/22·32m 5s

Bitcoin is Not a Non-Correlated Asset - Eddie Yoon #5592

Summary: As the stock market has corrected, we’ve found that crypto is not the safe haven that many investors assumed it to be. Here to talk about this is Eddie Yoon, specializing in business growth strategy, and he explains the relationship between cryptocurrency and the rest of the market. While gold and real estate may not move in sync with the stock market, Bitcoin is a different story. Tune in for more insight. Highlights: -Inflation numbers are a little less devastating than they were last month, but they’re still going up while consumer sentiment goes down -Cryptos and Bitcoin are at a high, but overall, the charts look negative -The job market still appears to be holding fast and strong; is the consumer sentiment wrong? Or is there more going on beneath the surface -Eddie says that more than one thing can be true at the same time -Things like travel have helped keep the economy going 
-Inflation should be coming down towards the end of the year -A lot of this is the Fed over-responding (i.e. temporary supply chain shocks) -The consumer has figured out that trusting large institutions is a risk -We’re going to see a dramatic shift away from classical employment -With cryptocurrency, the major consideration is whether you want to put your trust in the US government or not -The native digital lifestyle has become extremely prevalent, and we’re likely to trends that reflect in where people choose to live -People have recently discovered that cryptocurrencies aren’t necessarily a non-correlated asset -When the stock market goes down, things like gold or real estate might not go down with it -As the stock market has corrected, crypto has as well. It is not the safe haven that people thought it was -Those who had invested in crypto from a diversification theory had a rude awakening -Cryptocurrency has not proved to be functionally useful yet because of its volatility, but we’re still in early innings Useful Links: Financial Survival Network Eddie Would Grow
30/08/22·21m 20s

A New Gold Market is Coming - Andy Schectman #5591

Summary: Inflation continues unabated in the US and abroad with no signs of it coming under control, and this is very prominent in the gold market. The owner/President of Miles Franklin Precious Metals, Andy Schectman, comes on the show to give his perspective regarding what is next for gold in light of increasing rates and fluctuating currency. We’re entering a system dominated by commodities, and this has many implications for the future of gold and the economy. Highlights: -Gold took a bit of a hit, and inflation is going up -The ideal of every nation is being able to print as much money as needed while keeping inflation down; this inevitably requires dishonesty -Politicians always choose inflation over austerity -GDP has contracted two quarters in a row, and if it weren’t for the lying statistics, the numbers would look a lot different -The relationship between the supply/demand of the East and West is breaking down -We’re entering a system dominated by commodities Useful Links: Financial Survival Network Miles Franklin
29/08/22·21m 26s

Housing Slow Down Continues, Even in Texas - Debbie Bloyd #5590

Summary: How much further are rate increases going to go, and what effect is this phenomenon having on housing? Mortgage expert Debbie Bloyd comes on the show to talk about this topic, and amidst the shifting conditions of the market, she is still seeing many successful closings and business growth. The market has become a bit more tame, which means that we can expect to return to a pace that we’re used to. The current circumstances have caused buyers to re-evaluate what they can buy, however, with many being less qualified to afford higher priced homes. Tune in for more information. Highlights: -Rates are up and going higher -When Jerome Powell speaks, markets listen, and markets take notice of the rate increases as well -How much further is it going to go, and what effect is it having on housing now -There is a lot of movement still out there, despite rates bouncing around -The market is more tame now, and we’re probably going to return to a pace that we’re used to -Less people are qualified to afford the homes they want, and people are changing what they can buy -We’re seeing exoduses out of certain states -The building of a house is going to take six months to a year and a half now; we still have shortages of labor, but we’re gradually gaining the surplus back -Demand is high at the moment, and people are waiting for prices to come down—which is not going to happen any time soon -It’s important to be able to make adjustments and buy what you can afford Useful Links: Financial Survival Network DLB Mortgage Services
29/08/22·20m 4s

The Transition is Here - Ben Jeffreys #5589

Summary: Have you given thought to the digitization of carbon markets? Ben Jeffreys, the CEO of ATEC comes on the show to discuss carbon credits and how this concept contributes to the renewable energy transition. ATEC’s mission to decarbonize cooking is just one of the strategies that can aid in offsetting emissions, and the results of these moves towards renewable energy could be seen as early as 2040. Tune in for more information. Highlights: -What do we think of digitization and carbon markets? -Carbon credits underscores a lot of what we don’t actually know about carbon emissions and digitization -Carbon credit is essentially the ability of offset your emissions and pay for that privilege -We’re trying to transition our entire energy structure, which is no small feat -Most energy transitions, historically, have been taken care of by the market -Is it worth bankrupting the world to go about this transition, or do we let the market take care of it? -If you look at what is happening now, the market is already taking care of this transition -How do you make money off of this? Many companies have committed to the energy transition to renewable resources -What does a carbon credit go for? It fluctuates, but it’s sitting around $9-$10 per ton -2040 is probably a realistic goal for when this transition will come to fruition -Globally, we are trying to bring universal access to energy -The transition is not coming because of government policies, but in spite of government policies Useful Links: Financial Survival Network ATEC
26/08/22·15m 48s

Will the Fed Succeed - Jim Welsh #5588

Summary: Rates are going up for the foreseeable future. What does this mean for unemployment, the forthcoming recession, and our economic well being? Jim Welsh has conducted thorough research on rate increases and unemployment, and comes on the show to share his finds. Using data trends that span back to the 1950s, Jim projects what the near future will look like—with a recession guaranteed in 2023—and notes some of the looming indications of this global recession. Highlights: -Jim starts at the year 1950, looking at inflation rates and increase in unemployment rates -The fed funds rate went up 90% from where it started from -The stock market is not cut out for an unemployment rate above 5% -The risk of recession has been high, and now that the Fed is above neutral, we’ll see a recession in 2023 -Most of the people with savings are those in the upper 50% of earners—we’re seeing unbalanced consumers -There are some real stress areas in the economy, but those are the reasons why a recession starting this year wasn’t likely. Rather, we will see one next year -Europe’s energy prices are extremely indicative of a recession taking place next year Useful Links: Financial Survival Network Macro Tides
26/08/22·21m 10s

Higher Rates Create New Investor Opportunities - Chris Prefontaine #5587

Summary: Mortgage rates are up to 6%, which has doubled the cost of owning a home if you’re not buying with cash. How does this affect the opportunities that are out there? Chris Prefontaine, known in the industry as The Smart Real Estate Coach, sits down and chats with me about the most profitable strategies in real estate currently, and how you can generate cash flow/wealth in ANY market. It’s important to know which groups to target during certain periods in the market (i.e. for sale by owner) and this allows you to make money no matter what economic circumstances we’re facing. Tune in for more insight. Highlights: -Are interest rates positive, negative, or meaningless? -Chris says that this is the best thing that has happened in a long time; the demand for the creative real estate space is huge. What people could once afford in terms of housing is no longer affordable. People can’t buy/sell the way that they used to -When you can help buyers and sellers, you can create wealth -You need to know where to fish—what sellers to speak with, and how to use crashes to create profitable strategies -One group to “fish” in entails for sale by owner -It’s important to be cautious about how you respond to the media. You need to be able to structure deals in ANY market—this is what creates cash flow/wealth -You don’t need cash to buy property -There is not one massive market, but many pockets of the market Useful Links: Financial Survival Network Smart Real Estate Coach
25/08/22·18m 30s

Higher Returns from Alternative Investing - Joe Robert #5586

Summary: As rates and dividends yields are going up, it is increasingly difficult to find higher returns in the current market. Joe Robert comes on the show to share his perceptions of the market right now, addressing real estate, digital assets, and various classes that are all being affected in the current economy. It’s important to change your investing strategy and adapt in light of the bear market we’re situated within. Joe also touches on his fund— the Robert Ventures Fund—which is in place to help you leverage opportunities in alternative asset classes. Tune in for more insight. Highlights: -We’re experiencing a slow-down/pullback -Prices in the real estate sector will possibly come down by a few percent -Some would argue we’re in a bear market, so you have to change your strategy and adapt -When in doubt, don’t over-leverage, and be sure to have substantial cash reserves to jump on opportunity that presents itself and cover your debt service -Leverage can be risky proposition; all loans should be at lower levels -The real estate market will probably take 12-24 months to experience a price decline -Crypto/stocks will probably see more of a ‘crab market’ for the next year—where things move less uniformly -How do you know when to get back into the digital asset markets? Joe thinks that we have seen the bottom or will soon see the bottom -With digital assets, there is no fundamental market. They trade off of emotion many times, and are based on which direction the market is moving in as a whole -Is regulation in the digital asset market welcome or unwelcome? Some laws could definitely be put in place to create a better environment for everybody -The US government is stepping in and can force exchanges to comply -Joe has been a heavy real estate investor over the last ten years, and is in the process of setting up a fund that will offer excellent returns -This is a straight yield fund Useful Links: Financial Survival Network Robert Ventures
25/08/22·16m 41s

Cash Flow is King - Mark Falter #5585

Summary: In these days of declining markets, volatile prices, and elusive capital gains, you need to be thinking about cash flow—especially if you want to retire in the distant future. Mark Falter—founder and President of Mid-American Wealth Advisory Group—has been in this industry for almost 4 decades and shares some insightful advice. In this episode he explains how to spot good opportunities, and the process of creating tolerable risk profiles for clients based on account values and different market variables. Tune in for more of Mark’s informative perspective. Highlights: -Mark runs Mid American Wealth Advisory Group and has been in this industry for a long time -How does he guide people to pick the right cash-flowing opportunities? -Mark explains that there are lots of good opportunities, which are characterized by good/consistent dividends and good credit strength -Interest rates will probably not reflect the 0.75 we’ve been seeing -Inflation is cyclical and tends to carry on for a while -Prices are going down, and people are changing many habits such as driving frequency -Natgas hit a high at 998, and pulled back a little bit -Natgas is showing no signs of backing off any time soon -Costs for products such as pavement have gone up per square foot due to petroleum -We discuss how to come up with a tolerable risk profile for a client. It’s important to judge the client’s temperament—paying close attention to their account values -The key is to get yourself in a position where you don’t necessarily have to sell something when it’s down -Rates cannot stay at their current level with real estate prices also staying the same Useful Links: Financial Survival Network Mid American Wealth Advisory
24/08/22·18m 57s

Make Inflation Go Away - Gordon Stein #5584

Summary: Wondering how you can cut back on costs and decrease the effects of inflation on your day-to-day life? In this episode, Gordon Stein and I talk about some methods for doing exactly that. Gordon comes on the show to talk about his recent book, The Cash Flow Cookbook, and discusses how he went from cutting smaller costs (such as car washes) to making a career teaching others about this topic. Inflation in the US economy affects the cost of many necessities, but by mindfully spending and strategizing, you can minimize the effects of these price increases. Tune in for more insight. Highlights: -Every month, consumer credit goes up and consumers are in the hole -The Cash Flow Cookbook can help you -Gordon Stein was inspired to write the book when he found a way to get car washes for free; it was an effortless matter. He found the way to cut the costs of a few things, and make a list of these ideas. He eventually made a spreadsheet, book, and a speaking career about it -When people think about saving money, they assume they have to give something up. The purpose of the book is to evaluate how you can save with minimal effort -Your credit score can change the interest cost of your loan, your insurance cost, etc. by a large percentage -We end up buying a lot of things we don’t use rather than shopping mindfully—especially when it comes to clothing -Gordon helps clients free up cash to grow their relationship with their advisor -It’s never too late to implement these strategies. If you start earlier, you can see your growth over time. Someone in their twenties can add a lot of wealth to their investing/retirement -You can unwind the effects of inflation by cutting down on certain expenses -It’s better to spend money on things you enjoy than spend more money than necessary on things you need Useful Links: Financial Survival Network Cashflow Cookbook
23/08/22·18m 55s

Keep Your Eye on Inflation - Matthew Johnson #5583

Summary: With the appearance of inflation getting better and prices going down, is it a safe time for investors? Furthermore, what should you be investing in right now? Matthew Johnson from Johnson Wealth and Income Management comes on the show to talk about this. Growing up with a Father that ran a business himself, Matthew has always been attentive to things like interest, and has noted the way that inflationary effects have shifted over the years. Matthew debunks various misconceptions about the root of the problems, and addresses some of the things to be attentive to going forward. Highlights: -The CPI only rose at 8.5%, gas prices are going down…is it a safe time for investors? -Why is this inflation different from the last? -Johnson’s Father was a business manager, and he recalls learning about interest at a young age. He has been able to observe the way in which things have changed -Inflation is not as transitory as people believe. One of the biggest misconceptions about inflation is the Fed being able to drive down demand. In reality, demand is not the problem; there has been little investment in the supply chain, which has been the real culprit of many problems -There are so many areas besides gasoline that need to be addressed -Stimulus checks increased the money supply, and the current issues we’re seeing are purely economic -Matthew works to help people use the money they’ve worked hard to save as income Useful Links: Financial Survival Network Johnson Wealth and Income Management
22/08/22·28m 39s

Fury Gold’s Increased Newmont JV Clears Way for Éléonore Project with CEO Tim Clark

We were joined by Fury Gold Mines’ CEO Tim Clark and SVP of Exploration Bryan Atkinson for a sponsor update. News has picking up in the past month and CEO Clark assured us that more is on the way. Dolly Varden Silver's recent strike further underpins the thinking behind Fury’s recent sale of its Homestake project DVS. Fury became a 1/3 owner of Dolly Varden and is poised to benefit greatly from future developments there. Fury in concert with Newmont upped their respective stakes in the Éléonore joint venture, buying out their partner Azimut’s interest in the project. The Éléonore South JV is located in an area of prolific gold mineralization and is 11km to the north of Newmont’s Éléonore Mine. According to CEO Clark, “The consolidation of the property ESJV is a key transactional milestone for Fury and a positive outcome for all parties. We see a tremendous amount of exploration upside in the joint venture and are thrilled to have a great working relationship with Newmont.” It was Exploration SVP Bryan Atkinson's first time on the show. He reviewed the significance of this month’s drill results. Further drilling in the Hinge is yielding impressive results. Atkinson remarked that, “The Hinge Target is taking shape with an over 20% plus increase to the mineralized footprint of the Eau Claire deposit… As we have started to gain a better understanding of the geometry of the Hinge Target and narrow in on the sweet spot of gold mineralization, we are planning continued aggressive drilling.” Multiple zones of high grade and broad widths of moderate grade, intercepts included: 3.50m of 4.79 g/t gold, 1.00m of 14.19 g/t gold, 3.50m of 5.86 g/t gold, 1.00m of 20.6 g/t gold and 17.50m of 1.29 g/t Au. This year's drilling is about 2/3 complete. Assay labs remain backed up, but more results are due in shortly. CEO Clark is rightfully pleased with Fury’s accomplishments during the past year. With C$10 million in the treasury, there's no need to raise capital at current share prices. He’s convinced that a massive metals bull market is rapidly approaching and is quite satisfied with Fury’s vantage point and its unique position to capitalize upon it. Seasonality favors a run-up in the sector, come Q4 ’22 and Q1 ’23 and Fury is a likely beneficiary, which is why we’re holding our position. Company website: Ticker Symbol TSX and NYSE: FURY
19/08/22·18m 23s

Happy Days Aren’t Here Again - Drew Pelton #5582

Summary: Can we start celebrating the “end of inflation?” Furthermore, do you have a plan for the changes inflation has brought about, and how these are going to affect your retirement plans? Drew Pelton comes on the show to talk about these things, and it’s extremely crucial—now more than ever—to consider whether your money will last through your retirement or not. There are multiple investing strategies you can look into if you want to focus on planning ahead, and Drew shares some of these in this episode. Tune in for more. Highlights: -Is it too early to celebrate the “end of inflation?” Political figures are claiming that we have hit 0% inflation -Prices are still going up, and the issue remains. We may be seeing a lull in inflation with commodity prices taking a dip, but it is still happening -Recently, the confidence index fell as consumer view of the situation weakened -Other reports have showed consumer confidence being higher; people get excited when they’re missing the big picture -Another important factor to consider with inflation is how to make one’s money last through retirement -Drew’s firm emphasizes investing for dividends -Will the economy revert to low interest rates/easy money? If the Fed is going to be smarter than they have been before, they will be smarter relative to the upcoming election. They’ll probably make more reasonable decisions -84% of Americans do not have a formal retirement plan, which reflects within people’s financial planning. Some people don’t get as organized as they need to for the best results Useful Links: Financial Survival Network Drew Pelton
19/08/22·23m 53s

Take Advantage of the Free £200 Billion in Loans Available to Small Businesses - Stephen Sacks #5581

Summary: What are some of the alternatives to small business financing? Stephen Sacks comes on the show to talk about some of the alternative methods for funding your business; luckily, there are many you can take advantage of if you’re willing to look. In the UK, there is £200bn in business and startup grants that is waiting to be allocated to companies. Tune in to this episode for advice from Stephen, and to learn how you can better fund your business. Highlights: -In business, it’s all about cash flow. Sometimes you have to arrange financing/equity in other ways, and there is a whole world of financial sources to master -It’s good to surround yourself with people who are going to be honest with you and tell you the situation as it is -It’s important to acknowledge what you don’t know, and take it upon yourself to learn or find someone who is an expert -Stephen proposes a method for businesses to retain all of their equity and maintain ownership of business Useful Links: Financial Survival Network Funding Nav
18/08/22·15m 35s

Real Estate Market Isn’t Dead Yet — Debbie Bloyd #5580

Summary: The Fed increased the funds rate by 75 points, as they promised. How does this affect your portfolio? Mortgage expert and financial advisor Debbie Bloyd comes on the show to talk about where the housing market is headed with the shift in interest rates, and mentions various factors to consider if you’re looking to get in the market any time soon. It’s very important to be attentive to the current market and speak with experts that understand what real estate is like now, and it’s absolutely crucial to have a solid plan for this sector. Tune in for more insight. Highlights: -Debbie specializes in mortgages, and says that this will make it harder for people to buy the homes that they want -People sometimes neglect to realize how good things are (i.e. lower rates) until they go away -No one is going to relocate if they don’t have to because it will inevitably cost more -The quality of the home you’re going to get with your money decreases as well -When you buy down a rate, your buying power becomes stronger -It can be frustrating because we want more than we can afford -A lot of first time buyers are much older now—listening to advice from people who haven’t bought a home in 20+ years are are misinformed on the current industry -If you’re in a state where many people are leaving, real estate prices aren’t going to increase as much due to lower demand. You can also get better deals on homes in these places -Durable goods are getting more expensive; your house is going to be twice as expensive before you sell it -It’s crucial to be intentional and have a plan Useful Links: Financial Survival Network DLB Mortgage Services
18/08/22·23m 19s

Investors Need to Play the Numbers Game and Win - Pranay Parikh #5579

Summary: What is going to happen in real estate as a result of the recession? I sit down and chat with Pranay Parikh in this episode, and we discuss the presence of high interest rates and housing shortages that are having major effects on the entire industry. We’ve already seen a 5-10% drop across the board, and it seems that successful real estate investing is a game of numbers. Tune in to hear more about what sectors of real estate to pay attention to, and what’s to come in the near future. Highlights: -How are you going to get through the recession? -We talk about real estate, high interest rates, and what’s forecasted for this industry given the housing shortage across the US
-There has already been a 5-10% drop across the board -What you pay a month is determined by your mortgage interest rate and the purchase price -Could we go into a prolonged real estate bear market? The market is huge, and we have to be specific. When most people think about real estate, they things of single family homes -Over the past 5-8 years, people have gotten into short and adjustable mortgages -A lot of homebuyers and investors have a better idea of what they can afford -The people on the sidelines who have been saving for years to buy a house are the ones that are going to get hurt -Cap rates are going higher because cash flow is going down -It’s all a numbers game -Keep your eye on the sunbelt, because people are relocating there Useful Links: Financial Survival Network Ascent Equity Group
17/08/22·14m 31s

Are Happy Days Here Again? - Andrew Arons #5578

Summary: Is the market still going up, or is it going to fall away? I have Andrew Arons on the show to address this topic, in which he is quite optimistic about the future of the markets. This optimism stems from a number of things we can observe right now; earnings are pretty good, and earnings inflation may have peaked. Looking forward, the market could possibly move higher in the next six months, and there are a few key stocks related to rampant consumerism that you should keep your eye on. Tune in for more insight! Highlights: -In May, Andrew was calling for a rally—which is happening now. How long is this going to continue? -Earnings are pretty good; the market was scared about rising interest rates and inflation -Earnings inflation may have peaked, and all of this is looking good for the market -The market could also recover from the lows in June -We’re looking out and seeing where things could be six months from now -The market could possibly move higher -There will be some volatility and resistance as we retrace -Andrew likes stocks such as Amazon, Boeing, and other companies that thrive from lots of consumer spending (i.e. Disney) -Overall, Andrew is optimistic Useful Links: Financial Survival Network Synergy Advisory Management Group
16/08/22·15m 33s

Are You Ready for the Big Economic Roll-Over with John Rubino #5577

Summary: We’re seeing huge signs that the economy is about to roll over—especially with the current commodity prices. John Rubino comes on the show to talk about this, and explains some of the trends that allude to the forthcoming recession. If oil and housing move in a particular direction, then the rest of the economy has to go in this direction as well. People are changing the way that they interact with the market, staying on the cautious side and feeling more inclined to sell. To hear more on what’s to come, be sure to tune in to this episode. Highlights: -There is a decent chance that the current quarter is negative, and this will carry us through to the election -People are starting to save less money with alternative energy (i.e. electric cars) -We’re in a transition that needs to be managed -We’re headed into a time of very slow growth, which leads to people being nervous in the market. We could see a lot of big cap being sold, bringing it back down to fair valuation -Some people would like to see the country divided—people are moving to other states because of their beliefs -There’s lots of civil unrest in multiple European countries because of farmers being targeted. -Things are too crazy right now for rational participation Useful Links: Financial Survival Network Dollar Collapse
16/08/22·27m 44s

Don’t Fall in Love With Bear Market Rallies - Simon Ree #5576

Summary: Why are the next five years going to be different from the last five years on Wall Street? During the last five years, it was easy to make money, but Simon Ree thinks that the next five years (2022-2027) are going to be a lot different. According to Simon, the Fed has two options—which will either result in the stunting of economic growth or a repeat of the 1970s. His advice to people is to maintain a growth mindset, determining how and when to expose money to risk. Use the link below to check out Simon’s book on options trading, and tune in to this episode to hear some amazing market advice from Simon. Highlights: -In the previous 15 years, stocks have had a massive tailwind -The balance sheet expansion has gone in reverse -We’re experiencing inflation for the first time in four decades -In the next five years, the Fed will either stick to their guns—having dramatic effects on economic growth—or rate hikes will stop and the 1970s conditions will come back to life -Stocks are down, bonds are down, cryptos are down, but cash isn’t down -Simon encourages people to approach things with a growth mindset: how and when do I expose my money to risk? -Simon’s preferred method is to use technical analysis to pick out the best assets -Monthly compounding is a better strategy for some, achieved through short term trading -There is a shortage of residential housing, and this market is also going to be affected by rates -The residential real estate market will not necessarily crash, but prices could come down 10%-20% -If the fed maintains tightening, this could filter into unemployment -His book on options trading is to help people become successful, independent traders -He wrote the book to engage readers and simplify concepts in options trading -In a bear market, you can’t ignore the counter-trend moves -We’re in a structural down-trend, but don’t fall in love with bear market rallies and think that the worst is over Useful Links: Financial Survival Network Tao of Trading
10/08/22·22m 29s

Sound Passive Real Estate Investing - Pranay Parikh #5575

Summary: Many people go into one career but feel unfulfilled, and go on to find their calling in a different profession. This was the case for Pranay Parikh, who was once strictly involved in the medical field and decided to expand his career to real estate. He addresses how this dual career allows you to shape your medical profession in the way that you want—making passive money through real estate to avoid overworking yourself. Pranay has an equity group devoted to helping physicians earn passive income, so be sure to listen to this episode and check out his website to find out how you can get involved. Highlights: -If you’re able to make money outside of medicine, you can craft your medical career into what you want. Most people think that they need to be either all in or all out, which means that a lot of doctors in the industry are overworked -The nature of practicing medicine in the US has changed dramatically over the last 30 years—it has become very de-personalized, which is a systems issue -If you make passive money in real estate, you can spend more time with your clients without being concerned about not making money for that extra time -Doing real estate passively and working with people that help you manage your investments can help you save time while being involved in the industry -Many factors are influencing this passive income and the industry. A lot of people want to buy a house but are getting priced out Useful Links: Financial Survival Network Ascent Equity Group
09/08/22·18m 48s

Junior Miners Down But Not Out - Dudley Baker #5574

Summary: The markets are at the mercy of the federal reserve right now. What do you do about it? Dudley Baker has been through many downturns and bull markets, and gives his take on the volatility in the markets. The mining sector has taken some hits, and many investors have endured losses because of this. Dudley is confident, however, that the mining sector will take off in the near future. This is not a sector where you can get in and out; rather, it’s going to require patience and a lot of focus on its movements. Tune in to hear more insight from Dudley. Highlights: -It’s important to have trusted individuals to look to as mentors during this time -There are a lot of companies right now with stock warranties that are trading -On a good day, the mining sector is terrible—there is no long term growth, and it is a cyclical environment -There is no confidence that upside moves in mining will last -Dudley is confident that the mining sector will take off at some point in the near future -If you’re a trader trying to get in and out, the mining sector is probably not for you -The one year chart is far below its one year low -The focus is very much on uranium—there’s going to be a winner for the twenty cent range -When uranium spikes, there’s no saying how high it could go -This sector will have its day in the sun one more time Useful Links: Financial Survival Network Common Stock Warrants
08/08/22·31m 12s

Lowest Cost Way to Invest in Real Estate - Grace Mills #5573

Summary: If you’re wondering how exactly to get into real estate, you may want to consider the world of wholesaling. I sit down and chat with Grace Mills, who has coached over 300 people on making profits in wholesale real estate. To get into this area of real estate, it’s important to take inventory of your current resources and understanding, and decide what your overall goal is. She also talks about different marketing methods—especially the ones that are overlooked—and which ones can be the most effective. Tune in to hear more of Grace’s knowledge on wholesale real estate. Highlights: -We’ve been bullish about real estate. Even though it’s a market like any other, there are housing shortages, demographic trends, and other factors that are unique to real estate -This episode focuses on wholesale real estate -Grace initially got into this industry in efforts to pay off some of her student loans -She started working full time for a real estate investment company -She had an opportunity to transition into acquisitions, but was more intrigued by helping other people making money -If you want to get into wholesale real estate, first pinpoint your end goal. Then, consider where you would want to do wholesaling. You can do it in the market you’re in, or do wholesales virtually in a market you’re not in. Third, take inventory of your current understanding and resources -The best marketing channel is an inbound strategy -Utilize a marketing channel that has always been out there. A surprisingly effective medium can be the radio -Direct mailing is still a bit over-saturated -If you’re always in business to solve a problem, you will stay in business -Pay attention to the market and pain points that drive people’s decisions -You need to use marketing to first attract the seller and pitch them a plan for how you will help them. The other piece of your marketing is the disposition—moving the property to an actual buyer -There are lots of Facebook groups for real estate investors, and these are great places to introduce yourself -Build a flyer to give people information about a property Useful Links: Financial Survival Network Wholesaling Inc. - REI Radio Program with Grace Mills
03/08/22·19m 50s

Why is This Recession Different Than All the Others? - John Rubino #5572

Summary: When is a recession not a recession? This seems to be our current positions as people try to redefine what a recession is, and John Rubino discusses this with me in this episode. A recession has always been two consecutive quarters of negative GDP growth—which we’ve been seeing. The government is reluctant to call our current circumstance a recession, and people are being accused of spreading misinformation. Deeper analyses show that we are not where the government says we are economically, and we must consider many pieces of data to assess our current situation. Tune in to hear more of John’s perspective. Highlights: -We’re getting serious negative indicators right now that will contribute to a decline in growth -Inflation can be used to mask what is happening, and growth has been slower than what they are reporting -There is a problem with how we’ve traditionally defined recession with how we’ve calculated GDP -It’s important to look at GDP - government debt to see what’s actually happening -A depression is a much more realistic assessment of where we are -A lot of charts show that we have not been a growing economy for decades -The war could potentially be a tool for distraction -Interest rates are not spiking in Europe; the bond market is calling a recession -Everyone is piling into what they see as the most risk free asset: treasury bonds -Commodity prices spiked six months ago and have been trending downward ever since -Home prices haven’t done what we would expect—especially in California Useful Links: Financial Survival Network Dollar Collapse
02/08/22·24m 46s

Recession Ahead - Dee Carter #5571

Summary: The Fed rate hike is expected shortly, and we’re anticipating and increase of 75-100 basis points. How much of an impact will this have on you and your retirement? I chat with Dee Carter, the President of Carter Financial Group, and he shares his knowledge on what is coming in terms of rate increases and the recession we’re experiencing. The most important thing to do right now is put your money in a place where you can take advantage of the downside when the market moves back up again. Listen in for more tips on how to prepare for the future. Highlights: -We’re experiencing a dichotomy: there are some things that indicate a strong recession, but on the flip-side, there are earnings that are up a bit -All of the numbers point to the fact that we need to tighten up a bit -How long will al of this last? A lot will be determined by what happens in the November election -Once we get past the election, we will see a change in the final quarter. But it could be nine months to a year until we get out of the recession we’re in -It doesn’t look like we’ll see rate decreases in the third quarter -Interest rates are going up, which means you’ll pay more for your home -Nationwide, we could see real estate dropping as much as 10% across the country -Demand is going down a bit, but supply is still down -If you’re considering an electric vehicle, Florida is a great place for EVs. But this isn’t a convenient option everywhere -Put your money in a place where you can take advantage of the downside when the market moves back up again Useful Links: Financial Survival Network Carter Financial
01/08/22·14m 25s

FPX Nickel Strategically Poised to Meet Coming EV Nickel Shortage with CEO Martin Turenne

We were joined by FPX Nickel’s CEO Martin Turenne for a much awaited sponsor update. A major paradigm shift has taken place in the battery metal space. Automakers around the globe have been in a state of near panic, racing to line up reliable and “friendly” sources of copper, lithium, nickel and other metals required to produce electric vehicles. As Martin said, “... talking about the global supply chain, the demand of auto makers, now we've seen a race. … All of these companies are snapping up or attempting to snap up supplies of crucial metals, because … if they don't get these metals it's game over, [due to] the shift to EVs.” If they don’t secure supplies, they won’t survive. March 2022 witnessed a major nickel short-squeeze took place, with prices jumping 5-fold in just 48 hours. Now it has settled back into the $9-10 per pound level, a level at which FPX will see high profits and substantial cash-flow. However, Martin believes that nickel prices will continue to increase, as there is just not enough supply to satisfy the burgeoning EV demand. FPX is uniquely situated to profit from these trends. Its Baptiste and Van projects are some of the largest undeveloped sources of nickel on the planet. Due to their composition, these deposits are environmentally friendly, thus they’re able to forgo the costly/polluting smelting process. Martin hinted that outside interest in the company’s projects is high and he will provide more information at the appropriate time. But one thing is for certain, nickel is essential to global adoption of EV’s and its future demand insures higher prices and the need to increase production at rates far higher than today’s levels. This leaves FPX Nickel in an extremely advantageous position with the likelihood of extraordinary returns to shareholders. Company website: Ticker symbols: OTC: FPOCF — TSX-V: FPX
30/07/22·16m 34s

Crypto Tax Mitigation - Micah Fraim #5570

Summary: You’ve made money in crypto and managed to sell it for a profit; however, there is still an important question to answer. What are the strategies for minimizing tax burden with crypto, and can you use the losses to offset other gains? Micah Fraim, a bestselling author and CPA of an accounting firm, comes on the show to explain how you can lower your crypto taxes by the legal means available. Many people don’t understand this component when investing in digital assets, and Micah’s mission is to help people successfully manage these new age investments. Tune in for more insight. Highlights: -If you’ve made money in crypto and you managed to sell it for a profit, you have to figure out strategies for minimizing tax burden with crypto, or try and use the losses to offset other gains -The average crypto investor has three main categories of income (i.e. trading, capital gains, staking income) -If you’re trading and holding for more than a year, you get the same treatment as long term capital gains -With crypto, you can sell your whole portfolio and buy it back, but you realize the loss -After 30 days you can buy a stock back but with crypto you don’t have to worry about waiting -The IRS has only issued guidance on five or six things in crypto -With the things that are ubiquitous, there is no guidance -Your duty as a citizen is to minimize your taxable incomes through whatever legal means are available -It’s going to take multiple iterations of regulations to close the loopholes/gray areas that exist right now -Micah bought some crypto back in 2017. When the market recovered, Micah got involved in a project with cryptocurrency, and realized that no one understood the tax side of digital assets Useful Links: Financial Survival Network Fraim, Cawley & Company, CPAs
29/07/22·14m 19s

Making Money in the Coming Recession - Eddy Gifford #5569

Summary: With inflation, the war in Ukraine, and supply chain disruptions, the most pressing problems in the nation right now are clear. To get some perspective on solutions, I talk to Eddy Gifford—whose job as a wealth advisor is to critically think through these problems and help others subsequently implement investing strategies. Interacting with the market during inflationary, uncertain times requires identifying what type of market we’re in and thinking through all of the possible outcomes. This is what Eddy refers to as being proactive with investing methodology, and you can learn more about it during this episode. Highlights: -Eddy Gifford is a wealth advisor who is also into alternative investments -Cryptos have gotten slammed—Bitcoin is down two thirds and could go lower -The one alternative investment holding on so far is real estate, but it has an inverse relationship with interest rates. Property costs have doubled -When you’re dealing with something like cryptocurrency, it’s not a buy and hold situation -Traditional diversification doesn’t work in bear markets—it’s more about diversification of strategy. We need to be proactive with our methodology—analyzing why one would buy or sell something -It’s important to pinpoint what your mass loss is -So how do you approach the market? First, you should identify whether the market is a bull market or bear market and the appropriate strategies based on which one you’re dealing with -Once you own, have targets in place -Buying everything for the sake of buying everything is not a recipe for success -Just because we’re going to be positive over the next few months does not mean this is indicative of recovery -We could end up in a situation where some of the big names have poor earnings\ -It’s okay to have some cash on the sideline right now—it’s not a bad thing to be sitting in cash when the market is down -If you’re going to go all in, it’s good to have some sort of hedge in place -Commodities are more volatile in general than the stock market as a whole -The inflation we’re dealing with now is a three headed monster—some of these things can’t be fixed with interest rates -A word of advice - focus on what you control. Focus on paying off credit cards to reduce debt, plan your day to be efficient with fuel/time, Useful Links: Financial Survival Network Tactive - Eddy Gifford
28/07/22·18m 31s

Cryptos are Down But Hardly Out - Gregory Johnson #5568

Summary: Bitcoin is down in the low twenty thousands, and cryptos are in the dumps. Is it your chance to buy, or is this a good time to flee? Gregory Johnson—Co-Founder and CEO of Rubicon Crypto—appears in this episode to help us imagine the future of crypto and how to wisely invest. One entering the industry has to be mindful of its volatility, and maintain a long term perspective in order to strategize. Gregory gives excellent advice about digital assets, which will become even more prevalent as time goes on. Tune in to hear more. Highlights: -People need to take a step back and use common sense when it comes down to crypto—regardless of which side of the industry you’re coming into -People need to think about how dependent we’re going to be on technology in the future, and how much of this technological development will be digital -There is no absolute guarantee that crypto is going to do things differently than other equity assets people have in their portfolios -Anyone entering the space should not just be prepared for volatility, but the most extreme volatility they’ve seen when investing -You have to have a very long term perspective -It’s important to know the difference between a currency and an asset; assets aren’t divisible or portable, and can’t be spent in the way that currency can -The evolution of these technologies is only going to continue -Future reward programs will have a tokenized NFT aspect -There is a new economy that will involve blockchains, and this is already being implemented with larger corporations Useful Links: Financial Survival Network Rubicon Crypto
27/07/22·18m 6s

Raging Inflation and Recession are Here - Nathan Cox #5567

Summary: Is inflation going to continue, and what effect does this have on your retirement? Retirement expert Nathan Cox comes on the show to talk about how to adjust your strategy for investing/retirement in light of what we’re experiencing in the current economy. Indications of a recession mean that we must re-think our investments, which includes being more selective and making sure that your income is generated naturally. Tune in to this episode to hear Nathan’s advice on setting yourself up for success. Highlights: -Inflation was running a bit over expectations and came out around 9.1% -What we do largely depends on what the Fed decides to do in response to inflation -They can increase interest rates, but they don’t have any control over the supply chain issue -People remember the 2008 recession, which was an immediate effect -Our current situation is progressing much more slowly -Unemployment is the lagging indicator -We could be in the recessionary position very quickly, and by the formal definition of recession we are technically already there -The Fed is probably going to have to continue raising rates through 2023 rather than raising and then backing off -Supply chain issues and the war in Ukraine are making things more complex -The majority of Americans were relying on things like the 401k, but it’s smart to be more selective with your investment strategy—focusing on quality and dividends -What investments are more protected from inflation? Make sure your income is being generated naturally; don’t exclusively rely on growth and capital appreciation Useful Links: Financial Survival Network Retirement Income Solutions
26/07/22·12m 0s

Inflation Coming Down for Now - Charles Nenner #5567

Summary: Markets are going crazy, and we’re seeing a bit of a crash/pullback in commodities. Charles Nenner comes on the show to present how we can understand this phenomenon in terms of cycles. Charles has been known for using cycle analysis to predict future market moves, and in this episode, he explains some of the logic behind cycles in commodities, gold, and the prevalent markets in these circumstances. Tune in for more insight. Highlights: -You can calculate how high/low moves go, and when they happen -The news isn’t necessarily important; it’s more useful to look at cycles and patterns in the markets -You can only get a bounce when cycles bottom -When cycles aren’t in sync, it’s not as easy -Charles’ rule of thumb is don’t go against the cycle -We’re looking at a bit of a bounce on Bitcoin -Cycles are generally ahead of fundamentals Useful Links: Financial Survival Network Charles Nenner Research Center
25/07/22·17m 23s

The Present Dictates the Future - Jerry Robinson #5566

Summary: The world is bankrupt. How does the impending global bankruptcy affect you? This episode’s guest chats with me about how we got to where we are economically, and what we can expect in the coming years. Jerry Robinson’s saying is “Follow the Money,” but in order to do so, we have to consult past decisions and events to understand the economic effects that come into play years later. This is especially relevant to the pandemic and the policy responses back in 2020 that produced the inflationary situation of 2022. Similarly, what happens in this year will dictate our financial situation in the next 2-3 years, which will hopefully look better as rates adjust and balance is restored. Tune in for expert insight from Jerry. Highlights: -We’re in a problematic time of our own making; we’ve depended upon a system that clearly is leading us to a place where people cannot afford basic sustenance in many places -We’re in a very unprecedented time, monetarily speaking. People are realizing that something is very wrong with the US and global economy -2022 is a function of the policy responses we had in 2020. We discuss this particularly in reference to COVID and the response of the federal reserve -Subsequent years will be functions of what happens in 2022 -We don’t know how long the insanity will go, but we do know that we can’t expect to have unprecedented intervention in the economy without unprecedented consequences -You can’t just follow the money now, you have to go back in history and pinpoint where things start -They can’t lower interest rates now because policy drove them to this situation -The fed will reach a place where they increase interest rates, and inflation will then start to settle -Everything is down across the globe, and it’s coinciding with rate increases -The initial inflation rate has already come down in some ways (i.e. oil, copper, gold, etc.) -When input costs come down, the inflation figures will come down -We may not go back to 2% inflation any time soon, but the fed is managing expectations -A decrease in inflation, even if it isn’t extreme, will feel like a victory -When things get somewhat better, this is where a lot of money is made -When pessimism is rampant, investors look for high quality, dividend paying companies Useful Links: Financial Survival Network Follow the Money
25/07/22·27m 49s

The World According to Martin Armstrong - Martin Armstrong #5565

Summary: We’re seeing oil price shocks, commodity booms and busts, and various factors that are threatening to de-throne the US dollar. Why is this happening, and what does this mean for the global economy? I have Martin Armstrong on the show to discuss this, and he explains the various changes that have occurred—such as sanctions in Russia and countries opting to not borrow in dollars—that put the dollar at risk. Not only is the dollar in danger in these conditions—this shift in currency use greatly affects the world economy. Tune in for more information. Highlights: -The dollar has been the one currency that anyone can write a bond in -So many emerging markets issue debt in dollars so that they can sell to American investors without the foreign exchange risk -The dollar has had less restrictions globally, which has made it the reserve currency -The sanctions imposed upon Russia are devastating to the global economy, and have ultimately split it in half -The world economy has functioned by the free movement of capital, but these sanctions have essentially sent off a warning to the entire world related to getting assets confiscated -When sanctions are put on individuals, the situation worsens -The dollar has been weaponized effectively -This issue will probably become more serious after 2024 -This is not worth destroying the entire world economy over -Russia seems to have been provoked into this war -We’re going to have high energy prices in Europe and Asia no matter what happens -2023 is going to be a massive turning point; it looks as though it can’t possibly get any better, and it’s probably going to cascade into chaos -A lot of the real estate has been European buying -As the dollar goes up, Japan and China are selling their bonds -We’re in a complex situation; there isn’t just one factor that is contributing to the economic turmoil -Chinese real estate is the largest asset class in the world, and it appears to be imploding -China warned banks years ago not to borrow in dollars Useful Links: Financial Survival Network Armstrong Economics
22/07/22·27m 27s

Rising Delinquencies and Repos - Wolf Richter #5564

Summary: Has the housing bubble popped? Is it in the process of popping right now? Here to give us the latest news on this is Wolf Richter. The housing market is going through a major shift as stocks decline and mortgage rates go up. Even though we can’t see the progress of this in real time, we can note how the underlying dynamics are changing dramatically. To find out what’s to come, be sure to tune in and hear what Wolf has to say. Highlights: -The momentum is draining out and housing stocks are down -The housing market nationwide is going through a “come to Jesus" moment because of the mortgage rate -Layers of buyers are going to be moved out of the market -We see widespread drops in asking prices and volume is dropping as well -This isn’t like watching a crypto chart; we can’t see the progress in real time, but we can look at the underlying dynamics which are changing dramatically -Foreclosures are up, but they’re still near historic record lows. This is due to home prices spiking—people can sell their home rather than paying it off -Formerly, people were using stimulus to catch up on loans -Many delinquencies were cured last year, and now they’re going up -We’re probably going to see somewhat of a return to normal levels Useful Links: Financial Survival Network Wolf Street
21/07/22·21m 47s

The 4 “L’s” - Robert Bendetti #5563

Summary: You can never invest too much in human capital. But what are the specific steps you can take to effectively invest in yourself and others? Robert Bendetti comes on the show to provide specific direction regarding this, and talks about learning, leading, listening, and leaving—the 4 L’s of investing in human capital. Robert emphasizes the importance of continually educating yourself as you advance in your career, and taking time to listen and understand others. The tips he gives are applicable to one’s career, but also apply to many other areas of life. Listen in for more insight from Robert. Highlights: -You can never invest too much in human capital. Every time you invest in yourself, the benefits and return on investment are at least 10x. -The four key concepts presented by Robert are learning, leading, listening, and leaving -These can apply to individuals as well as teams/businesses -Learning is lifelong. Wherever you are in your career, there is still more to learn. There is formal training, which is extremely important (i.e. higher education or professional certification) and then there is subject learning—acquiring knowledge of the latest happenings in your field -It’s important to give back in the aspect of learning, and you can do this by being a mentor to others and sharing your experiences. You can also seek out a mentor for yourself. -You can offer to volunteer in cross-functional teams and learn about the other positions in your field -If you’re an entrepreneur, you need to look for the client that is in the worst situation. You can often learn the most by taking on the harder tasks -Remember that you are not the smartest person in the room. Listening to others can be very powerful and presents the opportunity to hear other perspectives -Talk to your customers and listen. It’s important to take time to listen to your team members as well -How do you get yourself focused? -Leaving implies that there are some things that you need to eventually stop doing. This can include too much media consumption. This will free up time for you to listen and learn -Things you may also need to leave include a job, negative habits, a negative mindset, or toxic people -Now may be the time to speak or write on what you know; there are many websites that facilitate in getting your voice heard -Nutrition, exercise, and sleep are things that people often take for granted, which is something that you can change in your own life today Useful Links: Financial Survival Network Robert Bendetti LinkedIn
20/07/22·17m 40s

Germany Plays Stupid Games and Wins Stupid Prizes - John Rubino #5562

Summary: Germany has been capable of making well reasoned decisions over the years, but recent events have indicated quite the opposite. John Rubino comes on the show to talk about the chaos occurring with Germany’s lack of gas, and the lack of faith in the euro. With civil unrest and the inevitable need for the European central bank to tighten, unfortunate outcomes are in store for Germany—and the future of Europe. Listen in for more information. Highlights: -A few years back, Germany decided to cut deals with Russia for natural gas—which would make Russia a primary supplier for their natural gas -They put a hostile military alliance right on their border, and now Russia isn’t exporting natural gas to Germany -Germany is currently setting up warming stations -Energy is crucial to Germany’s economy, and now they’re running a trade deficit -The only reason the euro was a viable currency was because everyone perceived the euro to be a new version of German currency. They also thought of the other outstanding debt as being German debt -Nothing is propping up the euro, which is why there is now chaos -People are losing faith in the euro and Germany. The only solution would be taking back the sanctions and trying to make peace with Russia—but it’s also not in Russia’s best interest to do this -There is a lot of civil unrest taking place -Damage is being done to agriculture; all of the farmers in the EU are rebelling -The European central bank has no other choice but to tighten Useful Links: Financial Survival Network Dollar Collapse
19/07/22·20m 5s

Rising Dollar, Rising Rates, Rising Instability - Andy Schectman #5561

Summary: When the price of gasoline doubles and the overall CPI goes up 9.1%, something seems to be wrong. Everything is doubling and tripling, and the Fed has yet to tackle the true root of inflation. Andy Schectman sits down with me to talk about this, and we compare today’s inflation to that of the 80s. If it were measured in the same way as it previously was, we would see an inflation rate of about 13.6%. The entire system is experiencing major fragility, and the effects of this have only just begun. Tune in for more expert insight from Andy. Highlights: -When was the last time you saw the price of something go down? Andy did see $4.85 gas, so it has gone down slightly, but prices are steadily rising for the most part -The originally reported core CPI in 1980 was 13.8% -Our 9.1% inflation rate measured the way it used to be measured would be 13.6% -In 2020, we had a rate of 1.4%, so the current inflation is 6.5 times more intense than it was two years ago -The federal funds rate has risen, but we’re not getting tough on inflation -Thanks to low interest rates and easy money, assets have become extremely distorted (stocks, bonds, real estate) -If they raised rates to 9%, you would see the immediate implosion of the markets -The dollar is trading at a premium to the euro and yen -With a debt based currency, everything is going to unravel -The real manipulation has always centered around interest rates -With low interest rates, companies and consumers take risks that they wouldn’t otherwise take -We’re seeing a move away from the dollar hegemony because other countries are wondering if they are next Useful Links: Financial Survival Network Miles Franklin
19/07/22·30m 17s

China Debt Jubilee Underway, US Next? - David Stryzewski #5559

Summary: A storm is brewing as people stop paying their mortgages, realizing that the system is rigged and things are bound to change. Here to discuss this is David Stryzewski, and he unpacks some of the inflationary phenomena taking place as well as how to strategize in these tumultuous times. You won’t want to miss David’s useful tips, so be sure to tune in to this episode. Highlights: -A storm is brewing—millions of people have realized that the system is rigged, and have stopped paying their mortgages as a result -This phenomenon is happening in China -If 20-30 million stop paying their mortgage, the legal system grinds to a halt -We have inflation and mass defaults, which go hand in hand -We’re seeing inflation, record high prices, and supply chain issues -We’re probably going to see different dimensions of these issues -The new CPI came out at 9.1% -If we raise rates too high, we kill business activity. If we don’t raise them enough, we kill the dollar -We must analyze the velocity of the situation—or what the actual cost to the consumer is -The Fed is going to be more aggressive, and rates need to go up about another 1.5% by September -The destruction of debt leads to the destruction of money -Everybody’s debt is somebody else’s asset -If debt doesn’t get paid, banks will go down the toilet and have to be re-capitalized again -This time’s housing bubble is different -They may want to do debt consolidation, but the existing laws could trigger a potentially catastrophic event -You need to make sure you have a plan and mitigate risk; budget is something that you CAN control -Have cash ready to deploy -Invest in yourself. If you want to learn how to do your trade more effectively, take the time to acquire those skills Useful Links: Financial Survival Network Sound Planning Group
18/07/22·22m 6s

Your Success is in Your Hands - Ash Cash #5560

Summary: Some people overachieve despite a difficult upbringing, and this is the case for this episode’s guest speaker, Ash Cash Exantus. Growing up in the projects of Manhattan, Ash had the cards stacked against him. Nonetheless, he worked his way up and is now one of the best financial advisors in the country. Ash is committed to working hard to reach his highest potential, while consistently reminding others of his humble beginnings and where he came from. He hopes to inspire others to pursue their dreams, upholding the idea that anything is attainable if you’re focused on the right things and have a solid model to follow. Tune in for more incredible advice from Ash. Highlights: -Some people overachieve despite a difficult upbringing -Ash Cash grew up in the projects of Manhattan and became an entrepreneur at the age of 8 -Ash Cash is now one of the best financial advisors in the country, and is the author of 13 books -If he can beat the odds, so can others. He aims to help other people find greatness rather than making excuses due to their obstacles -By 24, he was a VP for one of the top financial institutions in the world -If you’re focused on the right things and have a model to follow, you can achieve anything you desire -You will only get as far as your belief system. If you believe you will not move forward and be successful, this will be your reality -Instead of trying to lower to someone else’s level to convince them to succeed, Ash believes in continuing to rise up while reminding people where you came from -If you constantly look at negative news, you won’t be able to focus on the positive aspects of life and the opportunities available -His latest book, From the Block to the Bank, recounts his life story to emphasize that regardless of your background, you can maximize your full potential. He outlines 40 key ideas/principles to fulfill this Useful Links: Financial Survival Network Ash Cash From the Block to the Bank
18/07/22·18m 16s

Don’t Let College Break the Bank - Brad Baldridge #5558

Summary: College can be a great investment for anyone’s human capital, but you have to do it right. Here to discuss how individuals and families can plan for college and minimize debt is Brad Baldridge, a certified financial planner that specifically deals with college planning. It is a process that is different for each individual because there are so many moving factors, so it’s important to take into account all of the ways that one can save money ahead of time and eliminate extra costs. Brad gives a lot of great advice that can help young adults and families prepare for this milestone, so be sure to tune in. Highlights: -It’s a twofold process—picking an are of expertise that will give you a return on your investment, and using all of the hacks/tips that will minimize your future debt -College planning is not a cookie cutter process. There are a lot of moving factors that differ for each individual -Start planning sooner than you think you need to; there is early stage planning and late stage planning -Late stage happens when you’re dealing with the admissions process, testing, etc. -The early stage happens when people are younger and not at the end of their high school career -For some, Brad advises not to attend college immediately after high school -Once you get a serious job, it’s difficult to go back to school -Some people take longer to get their degree, and face more debt later -There are many professionals that help students figure out what they want to eventually do, and what college major will help them funnel into their desired career -College is paid for by income, savings/investments, financial aid, scholarships, and reductions/other expenses -Becoming more efficient is half the battle, and it’s important to be aware of the resources that are available to you Useful Links: Financial Survival Network Baldridge College Solutions
15/07/22·20m 14s

It’s the Time of the Vulture - Darryl Schoon #5557

Summary: We’re experiencing financial, societal, and global insanity that has been a long time coming. In this episode, I speak with Darryl Schoon, who predicted our current situation many years ago when he wrote The Time of the Vulture. Darryl notes the way that the money supply has increased and subsequently lost any value it had. Join us for this episode to hear some of Darryl’s knowledge, and to get an idea of what’s to come. Highlights: -Darryl Schoon saw all of this coming many years ago -Darryl talks about the concept of the ‘vulture,’ who feeds on blind ignorance and denial -His book predicts the event that we are in now -Individuals and corporations will go bankrupt before the government -After the Federal Reserve took control of the money supply, money no longer had the same value -If all debt was paid, money would disappear; in a capitalist society, there is debt based currency Useful Links: Financial Survival Network Darryl Schoon
14/07/22·36m 48s

You Need Ann Garcia if Your Children are Going to College - Ann Garcia #5556

Summary: Student debt is higher than ever. Many young adults applying for universities, scholarships, and student loans don’t always know what they’re getting into in terms of financial commitment. Here to talk about this is Ann Garcia, who recently wrote a book called How to Pay for College. Ann stresses that a great education can come from universities that aren’t as costly or exclusive, and we discuss multiple tips for saving money when preparing to apply for college. Tune in for more amazing insight from Ann, and be sure to check out the links below if you want to purchase her book or browse her online resources. Highlights: -There is over a trillion dollars in student loan debt -It’s important for students to understand the reverse mortgage they are taking out when they enroll in an institution -If you’re signing up for six figures worth of college debt, it’s important to look at the return on this investment -The collateral is the student’s future -People often equate cost and exclusivity with quality, assuming that only the most high caliber universities produce the most successful people -When Rhodes scholars are announced, more than half of them usually come from public universities with higher acceptance rates -The factor that will really impact a young adult’s life is the amount of debt that they face after they complete their degree -Transferring institutions and spending more years enrolled can add on to your debt immensely -It’s good to talk with your children about how to set up savings and grow them over time -You can often save money by taking Advanced Placement or IB courses during your high school career, or enrolling in prerequisite courses at a local community college -It is important to keep in mind, however, that not all universities accept these courses. Taking these classes needs to be part of your research on what university to attend -It’s also crucial to focus on having a high GPA; if you’re going to take AP or IB courses, make sure that you will still be able to perform well in these classes -Dual enrollment is also a great option that many schools offer; you can experience the four year college experience without the high price tag -What you see on your FAFSA is not necessarily what college will cost you in total -Students whose families that have saved some money for their education are more likely to graduate -Read the fine print on your financial aid letter Useful Links: Financial Survival Network How to Pay for College Ann Garcia's Book
13/07/22·24m 28s

Powell Pivot Just Months Away - Michael Pento #5555

Summary: A major concern in the economy is preventing recession, but it looks as if we are already in one. I sit down and chat with Michael Pento, the President and Founder of Pento Portfolio Strategies, and he has been accurately predicting the Fed’s moves for quite some time. People are losing their jobs, home prices are about to tank, and we are experiencing the direct effects of a recession. Tune in for more insight from Michael. Highlights: -Michael Pento has been predicting the Fed’s moves very accurately -Powell is saying that there is no recession in sight, but we seem to be in one now -A recession is two consecutive quarters of negative GDP growth -The Fed is forced to hike into a recession because they have no other choice -They keep raising and the dollar is going higher, which is killing manufacturing and exports -If they want to get to neutral, they have to be restrictive -They’re just now starting to flight inflation, but we’re already in a recession -With a deflationary collapse in the economy, we would need cash -Employment fell last month -The household survey shows that 315,000 people lost their jobs -The banks are the big winners on inflation; they get -When lending begins again, that’s when the banks take off Useful Links: Financial Survival Network Pento Portfolio Strategies
12/07/22·31m 8s

Self Storage Real Estate is Booming - Drew Dolan #5554

Summary: While all asset classes are experiencing volatility, the self storage sector of real estate has a lot of promise. Drew Dolan comes on the show to discuss some of the advantages of investing in self storage. As the Principal and Fund Manager of DXD Capital, he is extremely knowledgable on this sector, and explains how it has flourished in recently years. If you want to know more about self storage and the logic behind investing in it, be sure to tune in to this episode. Highlights: -Real estate is up in the air, and virtually every asset class is going through tremendous volatility -Self storage is a sector of real estate that may become a beneficiary of this uncertainty -It’s extremely efficient from an operational standpoint -Picking location matters the most in self storage, and you can look at a lot of data before making investment decisions -Even though interest rates and constructions costs are up, there are still many great deals available in self storage -In development, it’s riskier and requires more effort -In the last fifteen years, the utilization of self storage has doubled -The pandemic was good for self storage; there were a lot of new users Useful Links: Financial Survival Network DXD Capital
11/07/22·15m 36s

The Greatest Financial Bubble of 2022 - Bob Hoye #5553

Summary: With the dollar going higher and precious metals going lower, the markets are crazy. Here to analyze this is Bob Hoye, who uses historical trends in financial markets to evaluate what is happening in the contemporary economy. The current patterns within precious metals and interest rates are indicative of a great financial bubble. Tune in to hear Bob’s perspective, and data driven predictions on what’s to come. Highlights: -The markets are crazy; the dollar is going higher and precious metals are going lower -Bob has looked at extensive history on financial markets, and over time we’ve seen patterns with financial bubbles -With the conclusion of a great bubble, copper’s real price goes up and gold’s real price goes down -In July 2020, the precious metals sector got completely overbought -In a financial bubble, gold deflated goes down; then it stabilizes and goes up -Bob has been specifically looking at the rise of gold’s real price in relation to the CPI -If you’re in the mining business, get out of base metals and into the gold business -Gold, base metals, and real long interest rates have done what they are supposed to—indicating that the bubble is over -The Fed has tried to inflate in previous crashes -The dollar is going to keep going up -In China, base metal mining and gold mining have soared -High prices for metals build capacity Useful Links: Financial Survival Network Charts and Markets
11/07/22·43m 39s

Jay Powell is a Lousy Poker Player - Octavio Marenzi #5552

Summary: Markets are in turmoil, commodities are crashing, and instability seems to be the overarching theme. Here to talk more in depth about this is Octavior Marenzi, CEO/co-founder of Opimas. The fundamental issues and problems have not changed, as central banks pump huge amounts of money into the markets. Once these inflationary waves start, they’re extremely difficult to suppress. Is there hope for the future? Tune in to find out. Highlights: -Wars are continuing—perhaps with more on the way -It’s a hazardous minefield you have to navigate through to protect your wealth -It’s better to lose to inflation than to lose in the markets or in bonds -Is this decline/bear market different than the previous ones? -The deciding factor in this market is what the Fed does—and Jay Powell seems to be playing a poker game -The fundamental issues and problems have not changed—central banks pump a huge amount of money into the markets -There may be expectation that they will drain liquidity out of the markets in the future -When inflationary waves start, they’re hard to suppress and become intractable -People want to trade their cash for items that they believe will be more valuable -There isn’t a clear strategy to pursue right now -Bitcoin is looking weak, and the housing market looks shaky as well Useful Links: Financial Survival Network Opimas
08/07/22·21m 29s

The World is a Mess with No Way Out - John Rubino #5551

Summary: Have we already reached a recession? As the economy slows down and people begin to stop purchasing, it seems as if this is the case. Here to discuss this is John Rubino from Dollar Collapse, and he unpacks the current decline of the global economy—expanding beyond the US and touching all markets. Things are only going to get messier, so tune in to hear what to expect in the near future. Highlights: -Gold and silver are getting decimated, and everything else seems to be getting decimated worse—such as oil -The economy is slowing down; people are buying less stuff because prices have increased astronomically -We are possibly in a recession already -The dollar is going up relative to other currencies; the European bank was forced to tighten, and yields started to go up -Their plan was to tighten German bonds, and they are going to keep financing deficits -Investors have to figure out how to allocate their money based on what the economy of the world is going to do going forward -By the end of this year, there is a chance that we will be back in easing mode -This is just like what has happened the last three/four times around, but on a bigger scale -In many areas of the world, we’re seeing food riots -Things are going to continue to get very messy -A lot more people are probably going to come out and vote in this midterm election Useful Links: Financial Survival Network Dollar Collapse
07/07/22·31m 12s

Your Entrepreneurial Success - Kevin Stansfield #5550

Summary: Many people are leaving their corporate jobs to become entrepreneurs. This can be good move in many circumstances, but it’s important to know what you’re getting into. Business coach Kevin Stansfield comes on the show to talk about how you can minimize your risk when purchasing or starting a business, and there are a number of factors to keep in mind with both. You must have a clear vision of where you want the business to be in the future, and it’s crucial to get advice to someone who has bought or started a business before. Tune in for more insight. Highlights: -Many people are leaving their jobs to become entrepreneurs -There is a big difference, however, between starting a business and buying one -Kevin has been coaching businesses now for about 16 years -Kevin’s Dad had a difficult experience buying/owning a business -Kevin got into business coaching for business owners like his Dad who are passionate about what they do -Try to find the business that is going to be the next big thing—what Kevin calls the ‘unicorn.’ A lot of luck is involved -It’s also important to ensure that you can get paid forever -The biggest mistake people make is that they don’t have clarity about where they want the business to be in the next 5-10 years -You must master your brand, which entails sales, advertising, marketing, and all of the factors involved -A lot of learning happens through trial and error -Get advice from someone who has bought a business before. To mitigate your risk, you can buy a franchise -When you start a business from scratch, there are no systems in place, and you have to build them from the ground-up yourself Useful Links: Financial Survival Network Kevin Stansfield LinkedIn ABC - ActionCOACH The Big Dipper Book
07/07/22·29m 32s

Time to Retire the Idea of Retirement? - Randy Sevcik #5549

Summary: If you don’t change the way you’re doing things, you may have to retire the idea of retirement. Thankfully, Randy Sevcik has great advice about how to better plan/manage your retirement. In order to plan for the future, it’s important to consider the psychology behind what has brought us to the current point in the economy. Randy helps clients build timelines by looking at each individual investment, and then creating a strategic plan for balancing income and growth as someone gets closer to retirement. Tune in for more insight. Highlights: -There has been madness in the markets; we knew this was coming, but it still has a large impact on us -You have to look into the psychology of what has brought us to this point -Roughly 10,000 citizens are retiring every day, and it will stay like this for the next 8-9 years -For the first time, half of our population will be at or in retirement -This isn’t going to be your typical recessionary or inflation period because the psychology behind it is different -Most of the money in the market comes from people aged 55 and older -Randy builds timelines by looking at every single investment someone is going to do. As you move closer to retirement, you have to become more conservative and be okay with missing out on potential growth -Some people are going to panic and purchase things that they shouldn’t -Look at market sectors based on what’s going on with the overall economy (i.e. energy) -To get through the emotional part of it, it’s important to trust the math and map out your plan quantitatively -It’s also crucial to balance income and growth -The people fixing the problem must admit there’s a problem Useful Links: Financial Survival Network Elite Group Retirement Services
06/07/22·18m 8s

Market Madness - Mark Singer #5548

Summary: Is the madness coming to an end, or is there more in store? More importantly, what does this mean for your wealth, portfolio, and retirement? I have Mark Singer on the show to talk about the current state of the markets, and why the mayhem is any different this time around. Markets go through cycles, and the way we perceive the fluctuations is influenced by personal perspective and how we time our own financial decisions. Tune in for more insight. Highlights: -The markets always go through cycles, so nothing has necessarily changed in that regard -Bear markets happen every 3.5 years, so what has changed? -For most, the current markets don’t have a true impact on their long term lives unless they are highly dependent upon portfolio income -This time being different than last time in regard to the markets going down has to do with perspective -The markets overreact on the upside and downside -The real problem that people face in planning their retirement is timing -The fixed income markets have been disastrous -When consumer sentiment is at a low, markets rebound strongly -The biggest mistake you can make right now is to overreact Useful Links: Financial Survival Network Mark Singer
05/07/22·23m 58s

Gold Bear Market Firmly in Place - David Erfle #5547

Summary: Previously, we were seeing the potential for a new cycle in commodities with metal prices going up. 90 days later, the Federal Reserve is trying to fix what they created in the first place. Gold and stocks have somewhat of an inverse relationship, with worsening bear markets for stocks creating better conditions for gold stocks. With the lingering question of what the Fed is going to do, and where the markets are headed, there is a lot to cover. You don’t want to miss anything, so be sure to tune in to this episode. Highlights: -Everybody is wondering when/if the Fed is going to pivot -Congress’ first order of business is to get re-elected -If you’re leveraged or over-leveraged right now, it’s not a good feeling -The worse the bear markets get in stocks, the better it is for gold stocks -Gold price always bounces back and goes a lot lower than one would expect -Values/fundamentals don’t mean anything—the only thing that matters is the cash and leverage you can acquire in these instances -While everybody is selling, you’ll have cash and will be able to make rational decisions -The Federal Reserve was initially there as a backup -The goal of the Fed then shifted to keeping prices and employment stable. Finally, they decided they needed to keep stock prices going up permanently -We may have had a bottom because two days ago there was a rally -The stock market is ridiculously oversold and due for a bear market rally Useful Links: Financial Survival Network Junior Miner Junky
02/07/22·27m 48s

Bitcoin Going Much Lower - Michael Moor #5546

Summary: Michael Moor comes on the show to talk about the S&P and the overall market. He’s predicting that we’ll see some choppy, downward movement in the next few weeks. With gold, we’re also experiencing consolidation, and Bitcoin is on a trajectory to potentially go into negative territory. Tune in for a comprehensive, analytical overview of the markets from Michael. Highlights: -Markets are volatile; many people have suffered losses -With the S&P, we are now in a bearish corrections -We’ll probably see some choppy, consolidated, downward movement -You should always know where you want to get out if you’re down -We’re heading towards $10 Natgas; it’s broken above significant levels over the last ten years -Gold is in consolidation—testing a bearish pattern down below -We had broken below a significant number, but then traveled beneath that number and couldn’t move up -We’re sitting on a bearish formation -Bitcoin is below a significant bearish formation -Bitcoin could go into negative territory -We could be in the last stretch -The market can turn in four different ways Useful Links: Financial Survival Network Moor Analytics
01/07/22·20m 40s

Trillion Energy Ready to Drill SASB Gas Field with CEO Arthur Halleran

Trillion Energy’s CEO Arthur Halleran joined us for a much-anticipated sponsor update. The company is fresh from a C$22.5 million massively oversubscribed offering and how has the cash to start spudding wells. Halleran recently visited Turkey to accelerate the project and expects the first wells to be spudded later this summer.  A lot has happened in the past 18 months. Turkish natural gas prices have more than tripled to $21 mcf and the expectation is that they will go higher still in the months ahead. There’s no end in sight to the Ukraine war and Russia has drastically curtailed European gas sales. A cold winter could lead to dramatically higher prices and Trillion is poised to profit from it. The plan is to eventually have at least 17 producing wells. While the SASB field was a prodigious producer in the past, new technology and drilling methods should lead to record production for many years ahead. Best of all capex will be low as existing infrastructure replacement according to Halleran is over C$500 million. The company’s Bulgarian project was on the backburner till recently due to the global pandemic. It has worked to Trillion’s advantage. The company now has optionality, it can use SASB cash flow to finance production, or it can bring on a production partner. The profit potential is clear with gas now trading at $22 per mcf and Russian induced shortages are prevalent.  We’re still extremely bullish about Trillion and continue to hold shares.  Company Website:  Ticker Symbols: OTC: TRLEF -- CSE:TCF – Frankfurt Z62
30/06/22·15m 43s

You Need to Get Out of Debt - Paul Oster #5545

Summary: Credit repair expert Paul Oster comes on FSN to talk about the importance of paying off your debt—especially in our current economy. Since stimulus checks are no longer being issued, it’s time to re-acclimate and formulate a plan for debt free living. As rates go up, it will take people more money and a longer period of time to pay off debt. Once you create a plan to get out of debt, you’ll wish you had started sooner. Tune in for more insight from Paul, and visit his website for credit repair resources and coaching. Highlights: -The stimulus has run out, and defaults on housing are going up -Early on in a down-turn, we see 30-day lates with payments -We have to give people a chance to re-acclimate to reality -Consumers need to pay attention to their household budget -Middle to lower income families are the ones who are going to get hit the hardest -This is not a housing crisis at all—many factors have had a tremendous impact on all markets -The demand in housing is so high that it is driving prices through the roof -Most people in debt are not in a position to pay their current bills on time, and need to meet with a financial advisor -If we’re going to get out of debt, where is the money coming from? It ultimately comes from cutting expenses Useful Links: Financial Survival Network Better Qualified
30/06/22·13m 46s

Tier One Silver Begins 2022 Work at its High-Grade Silver Projects with CEO Peter Dembicki

We were joined by Tier One Silver’s CEO/President Peter Dembicki and SVP of Exploration Christian Rios for a sponsor update. The company is resuming its exploration program as the Peruvian rainy season has ended. The Phase one results at the Curibaya project were quite impressive. CEO Dembicki observed that, “… the company is at the start of a major silver discovery.” The company hit bonanza and high-grade silver in a number of drill holes. Exciting as these discoveries were, there’s every indication that a large copper porphyry deposit is lurking. To aid its efforts, the company brought in two world-class consultants to review the drill results and set the course for Phase two of the program. SVP Rios has laid out a strategy of doing more surface sampling to better develop future drill targets.   The company is also moving forward with its Hurricane Silver project and will be conducting geochemical and geophysical surveys at the Magdalena target area, where five mineralized vein corridors were identified with recent channel sampling results including 6 m of 239 g/t Ag, 1.21% Cu, 0.34% Pb, 0.15% Zn and 1 m of 605 g/t Ag, 0.26% Cu, 5.79% Pb, 0.21% Zn. A social access agreement was recently obtained here. It’s hard to believe that Tier One was formed a little more than a year ago. The results to date have been impressive, but the company is picking up the pace and more positive news is expected. Fresh from a C$6 million capital raise, the company is well-funded. It’s noteworthy that even in the depressed junior sector, investors enthusiastically ponied up additional funds to advance the company. With a world-class team and the proven ability to get the job done, Tier One’s future looks bright, and we’re among the company’s shareholders looking for a large return from our patience. Company Website:   Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV
29/06/22·17m 31s

The Comeback of Reddy Kilowatt - Jeff Petrash #5544

Summary: Energy prices have skyrocketed. Who is to blame, and are they going to improve? Jeff Petrash, a lifelong participant in the energy system, chats with me in this episode about natural gas and its centrality to today’s energy usage. Current natural gas prices are the product of multiple factors, including the pandemic and the war in Ukraine. This energy source must be understood from the perspective of supply and demand, and its infrastructure. Tune in for more expert insight. Highlights: -Natural gas has been doing nothing but going up, and is in the midst of a parabolic move—having a profound effect on the economy -Natural gas has become more important to the economy over the past 20-30 years than petroleum -Current natural gas prices are attributed to the war in Ukraine and the pandemic -During the pandemic, demand for natural gas lowered, so production was decreased -The demand has come back, but production cannot ramp up again quickly -The economist will say that the cure to high prices is high prices -We’re seeing double digit gas prices in Europe, and they’re going to want to cut back on their dependency on Russia as much as possible -ESG bandwagon has tried to divert investments away from fossil fuels -Does it make sense to build an infrastructure that won’t be needed in the next 40 years? -We have a relatively basic industry, but it’s not fully understood Useful Links: Financial Survival Network Jeff Petrash LinkedIn
29/06/22·30m 20s

Commercial Real Estate is Imploding - Sam Liebman #5543

Summary: New York Times bestselling author Sam Liebman sits down and chats with me about real estate; specifically, the we discuss the valuation of office buildings, which is rapidly decreasing. This is largely attributed to the pandemic. Many tenants stopped paying rent, and Sam predicts that valuation of office buildings will soon be lower than mortgage. With less people going back to work, this sector of real estate is looking barren. Tune in for more information. Highlights: -Interest rates have gone through the roof -The real problem is the technology regarding the effects on office buildings and retail -You don’t have to live in the city to do business in the city anymore -Manhattan office buildings are only 40% occupied—which is terrible for the valuation of real estate -During the pandemic, tenants were not paying rent -Soon, valuation will be lower than mortgage -We are probably going to see an avalanche of foreclosures. -Rents are going up, but so are operating expenses (i.e. insurance) -Governance has fallen victim to politics -Remote work is still very attractive to people considering employment options -Florida wants to cap the amount you can increase rents to 15% -If Florida doesn’t have an income tax, where is the money going to come from to build? It needs more infrastructure Useful Links: Financial Survival Network Sam Liebman
28/06/22·30m 27s

China Ready to Grab World’s Largest Copper/Gold Mine - John D. Kuhns #5542

Summary: Author John D. Kuhns, an expert on Bougainville and the mining aspect, comes on the show to discuss the next big conflict that the US will have to face with China. Bougainville is going to become the newest nation, and its mining reserves approximate $100 million. In order to re-develop the mine, they’re going to need help financially and technologically. Tune in to hear what’s to come with Bougainville, the US and China, and the mining sector. Additionally, if you’re interested in John D. Kuhns’ They Call Me Ishmael, you can find it via the link to Amazon below. Highlights: -Bouganville is on the front line of what is expected to be the predominant conflict the US will face over the next decade—the conflict with China -Its reserves approximate $100 million -There is a lot of mining, but also a lot of poverty in this area -Bougainville is going to become the newest nation -Their constitution differs from that of Papa New Guinea -Bougainville’s mining/resource rules parallel the ones in the US -They need help financially and technologically to re-develop the mine -They Call Me Ishmael is John’s novel that discusses this topic -China is upgrading to a military involvement -A big problem is coming and we need to be financially/militarily prepared -China doesn’t always deal with their land properly or assess risk Useful Links: Financial Survival Network John D. Kuhns Wikipedia They Call Me Ishmael
28/06/22·19m 57s

You Can Profit from the Global Financial Storm - Mariusz Skonieczny #5541

Summary: There’s a major storm hitting financial markets across the globe. How do you use this as an opportunity rather than fearing it? I sit down and chat with Mariusz Skonieczny, and we focus on the destruction that needs to happen in order for the economy to ever be able to heal. Trying to indefinitely put off economic pain never works. At the end of the day, we have to face things like recession to move forward, which entails fixing the supply chain and lowering prices. Tune in for more insight. Highlights: -This looks like a genuine bear market—many people out there investing have never experienced a bear -It’s a matter of who is going to survive the storm -We’re experiencing creative destruction; recessions often cleanse the economy, allowing it to heal -Trying to put off economic pain indefinitely never works -As the economy has progressed, there seems to be a belief that we can prevent recessions, but these are inevitable -Look for