Kerry Lutz's--Financial Survival Network

Kerry Lutz and Mindy McIntosh discussed the implications of the 1.6% annual GDP growth in the first quarter, including the potential effects of rate cuts on mortgage interest rates and CD rates. They also highlighted the importance of consumers having a well-diversified financial plan to combat the erosion of purchasing power due to inflation. The discussion also touched on concerns about the sustainability of the current economic path and the need for a wake-up call to pull back from the brink. In a separate discussion, they talked about the long-term implications of AI on the economy, emphasizing the need for thoughtful investment strategies and caution against knee-jerk reactions. They also discussed the potential impact of AI on personal interactions and communities, while highlighting the importance of maintaining a balance between technological advancements and human-driven experiences.

Kerry Lutz and Jim Welsh discussed the recent inflation surge and its potential impact on the anticipated Fed rate cuts. They highlighted concerns about the challenges in achieving the inflation target and the potential limitations of traditional monetary and fiscal policies. The conversation also touched on the historical evolution of Fed policy and its potential implications for future economic growth and unemployment rates. Jim Welsh presented a thorough analysis of the market, addressing the potential consequences of social security and deficit spending on treasury bonds and the bond market. He predicted a new secular bear market in the bond market, signaling a shift in market trends. Welsh also anticipated slower economic growth with higher treasury yields, providing insights into TLT, GDP, the yield curve, the dollar, and gold. Find Jim here: MacroTides.com Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and financial expert Brad Williams discussed the current economic climate and its potential impact on individuals' financial well-being. They explored the signs of a looming recession, the hidden effects of inflation on consumer behavior, and the growing interest in alternative investments such as gold and Bitcoin. The conversation also highlighted the risks associated with government spending and monetary policies, emphasizing the need for a balanced and diversified financial approach, particularly for retirees. The speakers also discussed the importance of fiscal responsibility, political decisions on the economy, and the need for informed voting. They concluded by reminding attendees to sign up for a free newsletter and providing contact information for financial advice. Find Brad here: askbradwilliams Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and Dennis Tubbergen discussed various economic challenges and potential responses from the Federal Reserve. They explored the concept of stagflation and its potential presence in the current economic environment, as well as the need for significant budget cuts to address economic challenges. The speakers also expressed concern about the potential downturn in the housing market and the challenges facing the commercial real estate market, including high interest rate resets on loans and the exodus of companies from urban areas. They also touched on the broader implications of failing states and cities, leading to a discussion about potential secession movements and political realignment in the United States. The conversation also delved into the implications of currency devaluation and the potential impact of printing money. Tubbergen advocated for tangible assets like silver, gold, and agricultural real estate as a safeguard against currency fluctuations. The speakers also discussed the potential introduction of central bank digital currencies and the challenges of transitioning to a cashless economy. The section concluded with Tubbergen sharing information about his book and Lutz providing contact details for further inquiries. Overall, the meeting provided a comprehensive discussion of various economic challenges and potential responses, with a focus on the impact of Federal Reserve policies on the economy and financial markets. Find Dennis here: revenuesourcingbook Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and David Stryzewski discussed various economic topics, including the recent Bitcoin halving and its effects on the market, the potential application of halving to address U.S. debt and inflation, the current economic climate, and the potential of U.S. oil production. They highlighted the need for patience and a focus on supply and demand dynamics, as well as the potential regulatory hurdles and geopolitical risks that could impact the market in the long term. The discussion underscored the need for a strategic and proactive approach to navigating the complex economic challenges ahead, advocating for responsible policies to support sustainable growth. Find David here: myspg.com Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and Nader Shariff discussed the investment potential of Detroit real estate, highlighting the city's low entry price point, strong rental returns, and ongoing redevelopment efforts. They also addressed the risks involved in investing in Detroit, such as dealing with nonpaying tenants and the challenges of maintaining older properties. The conversation also touched on the potential for further price increases and the current opportunities for investors to enter the market. Additionally, they discussed the unemployment situation and the growth of new businesses in Detroit, particularly highlighting the impact of companies like Rocket Mortgage in providing employment opportunities. Overall, they expressed hope for the city's resurgence and encouraged engagement with their organization. Find Nader here: investinupside Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and David Marra discussed the impact of AI on quantitative investing and the financial industry. They explored the use of generative AI to handle vast amounts of data and extract valuable insights, highlighting the remarkable implications and rapid evolution of the AI revolution. The conversation also touched on the sustainability implications of AI processors for electrical infrastructure, expressing concerns about the substantial energy requirements of data centers and the potential need for additional power sources. Additionally, they discussed the implications for discretionary and systematic managers, emphasizing the importance of staying abreast of technological changes to remain competitive in the finance industry. Find David here: markinfunds.com Find Kerry here: FSN and here: inflation.cafe

We met with West Red Lake Gold’s (🇺🇸WRLGF -- 🇨🇦WRLG new sponsor), CEO and President, Shane Williams. He is a true mine builder, having brought 5 prior mines online. He highlighted his action-oriented approach and the strategic decision to join WRLG, attracted by its incredible potential. Shane revealed the latest drill results from the Madsen mine’s South Austin Zone, intersecting 68.36 g/t Au over 1.1m and 13.83 g/t Au over 3.95m. He has assembled one of the most solid teams in his experience, explaining how these moves have given WRLG the ability to start producing in Q4 ‘25. Discussing the primary focus on the Madsen mine, once valued at $1 billion, Shane provided insights into the timetable for restarting production and the steps he’s taken to mitigate inflation impacts on project costs. He’s still surprised by the company’s good fortune in acquiring the existing mill and infrastructure (for just pennies on the dollar) noting that replacement costs are north of $700mm. Following the previous management's inability to acquire profitability, he’s busy capitalizing upon this once in a lifetime opportunity. He commented on the continued excellent drill results, the strategic challenges ahead, and the catalysts for success. With current gold prices holding strong, Shane is excited by the positive impact on WRLG’s economics as well as the broader industry. Highlighting recent successful funding efforts, Shane contrasted WRLG’s position with peers who have struggled to survive, underscoring key strategies for maintaining operational momentum. For these reasons we have taken a position in WRLG. Visit the company’s website @ https://westredlakegold.com and sign up to receive updates of for the exciting developments in the coming months.

Kerry and John Grace discussed the changing role of utilities in the context of electric vehicles and artificial intelligence trends. The speakers emphasized the need for increased stations and the limitations of solar and wind power. They also explored the potential of battery power to stabilize the grid and address the challenges faced by millennial first-time homebuyers. The conversation provided insights into the changing landscape of utilities and real estate, shedding light on the implications for both industries in the current market. John and Kerry also discussed the significance of consumer age in shaping buying and selling behavior, drawing attention to the historical trends in home purchasing and the age at which individuals typically make significant property investments. The speakers highlighted the impact of life expectancy on housing market dynamics, emphasizing the need for forward-looking asset management strategies. The discussion also delved into the challenges of selling a property that has doubled in price, with considerations for relocation and the financial implications. Overall, the conversation emphasized the importance of being prepared for market fluctuations and making strategic decisions to safeguard assets. Find John here: Financial Advisors Find Kerry here: FSN and here: inflation.cafe

Eric Mangold and Kerry Lutz discussed the importance of reevaluating the traditional retirement age of 65 and having a clear plan for life after work. They explored the reasons behind the shift in retirement trends and the impact of increased life expectancy on retirement decisions. The conversation also delved into the significance of staying mentally and physically active during retirement to avoid depression, and the role of caregiving in providing purpose and activity for retirees. Additionally, they highlighted the importance of avoiding excessive news consumption and maintaining a healthy lifestyle during retirement. Find Eric here: Argosy Wealth Management Find Kerry here: FSN and here: Inflaton.Cafe

The meeting covered a range of financial topics, including declining credit scores, evolving pricing strategies of retail stores, student loan debt, housing market concerns, psychological and societal factors in financial decision-making, budgeting for groceries, and debt repayment and financial planning. Speakers emphasized the need for individuals to take control of their financial situation by cutting expenses, accelerating debt elimination, seeking help from financial planners, and making deliberate financial choices. They also highlighted the importance of addressing high-interest credit card debt, conducting an insurance protection audit, and creating a household budget to mitigate the challenges posed by the changing economic landscape. The speakers underscored the pervasive influence of societal pressures, such as advertising and social media, on consumer behavior, and the emotional allure of luxury purchases. They emphasized the need for individuals to confront the reality of their financial limitations and make conscious, disciplined choices about spending. The discussion also touched on the significance of setting and adhering to a budget as a means of maintaining fiscal responsibility in the face of external pressures. Overall, the meeting provided practical insights and actionable advice for improving financial well-being and taking control of one's finances.

Kerry Lutz and Ed Siddell discussed the recent inflation and PPI numbers, expressing skepticism about the government's narrative of a healthy economy and the Federal Reserve's ability to address economic challenges. They also touched on the growing disparity between Main Street and Wall Street, the potential impact of future rate adjustments by the Federal Reserve, and the need for prudent investment decisions. The conversation also explored the potential of commodities such as gold and silver as safe havens, the impact of the halving event on Bitcoin, and the emergence of new investment opportunities in the global market. The discussion briefly touched on the news of OJ Simpson's death, before delving into a detailed analysis of treasury rates and the inverted yield curve. Finally, they discussed the evolving perception of the government and the importance of staying informed through various platforms.

Kerry Lutz and Christopher Willis discussed the various options available for Americans seeking alternative citizenship and residency overseas. They explored the factors driving individuals to consider these options, the differences between residency and citizenship, and the practical implications of holding a second passport, particularly in light of travel restrictions during the pandemic. Willis provided insights into the cost and paperwork involved in obtaining Caribbean and European citizenship, highlighting the trade-offs between cost and speed of acquisition. The conversation also touched on the opportunities and challenges in different regions, the impact of political changes on immigration programs, and the significance of obtaining citizenship in a different jurisdiction for freedom and flexibility. Overall, the discussion emphasized the evolving necessity for the wealthy elite to consider these alternatives as a form of non-traditional insurance or a plan B in uncertain times. Find Chris here: latitudeworld.com Find Kerry here: FSN and here: Inflaton.Cafe

Kerry Lutz and Mandi Ellefson discussed the challenges faced by successful CEOs in growing their businesses. Mandi, the founder of Hands Off CEO, emphasized the need for CEOs to remove themselves from day-to-day operations and focus on higher-impact activities to double profitability. She suggested that CEOs should solve higher quality problems, charge more for services, and build the right systems and processes to achieve business growth and profitability. Mandi also provided practical advice on reallocating time, generating more profit per client, and building effective teams to help CEOs transition their businesses to run and grow without their direct involvement. Find Mandi here: handsoffceo.com Find Kerry here: FSN and here: Inflaton.Cafe

We sat down with Shawn Khunkhun, CEO of Dolly Varden Silver, (🇺🇸DOLLF -- 🇨🇦DV new sponsor) and dove into its unique strategy and recent successes. DV has been hitting high-grade gold and silver, most recently 79.4 g/t gold over 12.35 meters. The results have well exceeded Shawn’s optimistic expectations. The 2024 drilling season is getting off to the earliest start in many years, due to the lack of snow fall in British Columbia. The company will have 3 drills turning and plans for an updated resource estimate at in the future. It has an attractive capital structure, with a public float of just 8 percent. Interest expressed by major miners and large financial institutions has been increasing together with the price of gold and silver. The company recently raised C$15 million and has enough cash on-hand to meet its obligations for the next two years. While “Silver” is part of DV’s moniker, Shawn discussed the company’s substantial gold resources, which now equal its silver resources. He believes that Eric Sprott’s $300 silver is a real possibility. With the company selling at just $1 per ounce in the ground, a substantial discount to historic levels of similar companies, that price could increase substantially, which is why we own shares. Company Website: https://DollyVardenSilver.com

Kerry Lutz and Ted Thatcher discussed various topics related to the economy and financial markets. They analyzed the latest jobs report and its potential impact on inflation, unemployment, and the stock market, as well as its significance for the upcoming election, the banking sector, and the Fed's future actions. They also discussed the reliability of statistics, expressing doubts about the accuracy of the current job numbers and reflecting on the history of revisions in job and inflation figures. In addition, they explored the impact of the Florida economy on the real estate market, focusing on both commercial and residential building sectors, and the influence of mortgage rates on the market. They provided insights into the seasonal trends in Florida and the significance of connecting with Ted's website for further information. Find Ted here: brightlakewealth.com Find Kerry here: FSN and here: Inflaton.Cafe

Kerry Lutz and Michael Pento discussed various economic issues, including inflation, interest rates, and the stability of the US dollar. Pento expressed skepticism about the possibility of inflation going below 2% and argued that a recession or depression might be the only way to achieve that. He also highlighted the increasing strength of gold trading, with central bankers buying gold due to their lack of trust in the US dollar and bond market. The discussion also touched on the potential consequences of interest rate cuts, monetizing debt, and the challenges faced by households, corporations, and the government in handling current interest rates. Overall, the conversation emphasized the need for a viable and functioning middle class in the country. Find Michael here: Pentoport Find Kerry here: FSN and here: Inflaton.Cafe

Kerry Lutz and John Rubino discussed a range of topics including the current state of the economy, the precious metals market, geopolitical tensions, the potential consequences of increasing interest rates on regional and community banks, the problem of squatters taking over homes, and the challenges of reaching a wider audience on digital platforms. They explored the impact of deficit spending, immigration, and the surge in tech stocks on the economy, while also expressing apprehension about potential terrorist threats and the role of the U.S. financial system in a failing global system. They also provided an in-depth analysis of the current state of the precious metals market, emphasizing the significant rise in gold and silver prices and the positive performance of junior and major miners. The conversation touched on the potential consequences of increasing interest rates on regional and community banks, speculating on the likelihood of a banking crisis that could favor larger banks and elites. They also discussed the widespread problem of squatters taking over homes, highlighting Florida's legislative response to address this issue. Additionally, they delved into a speculative discussion about the market cap of Trump Media and Technology Group, pondering the possibility of its value increasing significantly despite lacking fundamental support. The discussion also explored the challenges of reaching a wider audience on digital platforms and the potential of alternative platforms like Rumble and Substack for expanding their reach and engaging with their audience. Find John here: rubino.substack.com Find Kerry here: FSN and here: Inflaton.Cafe

We sat down with Martin Turenne, CEO of FPX Nickel (🇺🇸FPOCF -- 🇨🇦FPX) to discuss the company’s financial state and its numerous strategic advancements. FPX has an impressive cash hoard, recently increasing from $30 million to $45 million, leaving the company fully funded for the next 2 years. This is the result of transformative investments from large strategic corporate investors like Sumitomo Metal Mining, a Japanese leader. He also delves into FPX’s innovative and collaborative approach to develop the Baptiste nickel project in British Columbia. Martin has been forming important partnerships with major entities like Sumitomo, JOGMEC (a Japanese Government entity) and Prime Planet Energy and Solutions (a joint venture of Toyota and Panasonic), showcasing FPX Nickel’s integration into the Japanese battery metals ecosystem. The cost of admission to this exclusive club is increasing, requiring equity investment at a substantial premium to market. He emphasizes the innovative nature of FPX's mining projects, including exploiting novel Awaruite nickel deposits in Canada and eventually elsewhere. The company's commitment to environmental stewardship is key to its collaborative community engagement. The broader market dynamics of nickel and copper prices were covered, providing insights into the industry's financial landscape. Martin made the case that the company’s superior financial position and prospectivity is not reflected in the company’s current market undervaluation. As things move ahead, he’s confident that this will change greatly. Company website: https://FPXNickel.com

Summary: The meeting covered a range of topics, including the global economy, Bitcoin, and artificial intelligence (AI). Kerry Lutz and Darryl reflected on the 14-year journey of economic uncertainty, the struggles of central bankers to restore stability, and the impact of the COVID-19 pandemic on the global economy. They also discussed the potential implications for China's economy, the psychology of market participants, and the role of gold as a barometer of systemic distress. The conversation then shifted to Bitcoin, with Lutz discussing the institutional adoption of the cryptocurrency and suggesting that institutions are being sold debt and IOUs. He expressed skepticism about the motives behind institutional investment in Bitcoin, portraying it as a way for the fast boys to profit at the expense of the slow boys. The meeting also covered the potential impact of AI, with participants expressing concerns about the environmental and societal implications of AI technology, as well as the ethical and philosophical aspects of AI development. They discussed the potential negative consequences of creating machines that mimic human actions and the dangers of creating machines that are similar to humans but lack the ability to make ethical decisions. Find Darryl here: drschoon.com Find Kerry here: FSN and here: Inflaton.Cafe