Financial Survival Network

Dave Valentine is an entrepreneur and business owner who owns seven different companies. He believes in creating outrageous offers and focusing on marketing and sales ahead of time. He has created a program called the Dream Agency Quest to help other business owners scale their agencies. He advises to focus on one service or industry, prioritize lead generation, and enjoy the process. Dave Valentine Discusses Scaling Up an Agency and Prioritizing Lead Generation Got to Dave's site @ https://DaveValentine.co

We received an update on Prospera Energy (🇺🇸TRBMF -- 🇨🇦GXRFF) from CEO Samuel David along with some valuable feedback from White Tundra’s Shubham Garg. The recently released resource report shows that Prospera’s reserves grew 50 percent last year. Production held steady during the very cold months of winter at the company’s Alberta and Saskatchewan fields. CEO David believes that 2023 will be a transformative year and production could double if circumstances go in Prospera’s favor. That would be a near 50-fold increase from when David took over the company In addition, acquisitions are very much on the table and being actively pursued by the company. The 2023 drill program will get underway in the summer, with 18 wells being drilled. With the increasing reliance on tech to maximize recoveries, strict reservoir management is more important than ever. CEO David’s strategy is to bring new wells on stream gradually and increase output once the scope of the reservoir is fully understood. This patient process will ensure these new wells produce for decades at extremely low decline rates, all while seeing production costs decline and profits increase. Garg summed this up quite well stating, “Prospera is now in the escape velocity out of Earth and once you get into low orbit, it's a lot easier to get into high orbit from there. It is just the way physics and science works, and it applies to reservoirs as well.” And we as shareholders in Prospera agree that the merger of technology, reservoir management, new efficiencies and the utmost respect for the environment will see the company reach new heights in 2023. Company website https://prosperaenergy.com Shubham’s website https://whitetundra.ca

Johnny Wolff of www.livehomeroom.com discussed his business, which provides investors a means of renting out homes by the room rather than by the entire home. He explained that this can result in up to 50% more rent and that the average tenancy length is 16 months. He also discussed the key demographic of 18-35 year olds, who are looking for a more flexible and social way to live that is also more affordable. He also discussed the services they provide, such as roommate screening, judgment searches, evictions, and criminal record searches. Johnny's site: https://LiveHomeRoom.com

John Rubino explains that regional and local banks are still facing a banking crisis due to bonds on their balance sheets and commercial real estate losses. He also discusses how the experts have failed to manage the economy, leading to instability and mistrust. Finally, he suggests that markets should dictate policy instead of dictators. John Rubino and Kerry Lutz discussed the potential of a movie script featuring two presidential candidates running from prison, as well as the implications of Fox News firing Tucker Carlson, who was a popular truth-teller. They also discussed the possibility of Carlson leaving Fox to make more money and the potential of a three-letter agency being involved in JFK's assassination. Fox News made a risky decision that cost them billions of dollars, which suggests they had a compelling reason for doing so. Tucker Carlson is likely to leave Fox and start his own media empire, and RFK Jr. is running for president and is polling well. Tucker Carlson and Joe Rogan are more influential than mainstream media, and a debate between RFK Jr. and Donald Trump moderated by Tucker Carlson could be a pay-per-view event. John's site: https://rubino.substack.com Kerry's site: https://financialsurvivalnetwork.com

and the effects of quantitative easing on inflation. They also discussed the importance of liquidity and paying down debt, with a focus on low interest rate debt. Kerry Lutz and Edward Siddell discussed the potential benefits of investing in solar energy, as well as other strategies to save money, such as bulk shopping and buying from local farmers. They also discussed the potential pitfalls of fast food and processed foods. Eddie's site: https://EGSIFinancial.com FSNB: https://financialSurvivalnetwork.com

Tyler Nicholls created the Kudosy app to teach financial education to people of all ages. The app is designed to be fun and engaging, and to help families learn financial principles together. It has been in use for five years and has a perfect five star rating. It is available on the Apple App Store and will soon be available on Android. Tyler and Kerry discussed how the app can help families, and how it is a more effective way to learn financial principles than traditional methods. Links https://kudosy.com https://FinancialSurvivalNetwork.com

Kerry Lutz and James F Locke Jr discussed the banking sector and the Federal Reserve's role in it. They discussed the potential for a banking collapse and the implications of the Federal Reserve's decision to raise interest rates. They also discussed the potential for stagflation and the role of Congress in controlling spending. They concluded that the Federal Reserve will likely raise interest rates by a quarter point, but that the language used in the announcement will be important. They also discussed the possibility of the Federal Reserve cutting rates later in the year. https://poolelocke.com/about/our-team/ https://FinancialSurvivalNetwork.com

Esther Kuznetz and Kerry Lutz discussed financial health, which Esther defined as not having to worry about bills and having money in the bank for emergencies. They discussed how to measure financial health and how Esther helps her clients build their financial health. They also discussed how some people are in denial about their financial situation and how living beneath your means is the best way to build wealth. Esther Kuznetz advises her clients to live beneath their means and save money for the future. She also warns against taking money out of 401Ks and suggests investing in stocks and bonds. She recommends being careful when investing and to look out for banks that may be at risk of collapse. Finally, she invites listeners to visit her website for more information. https://StarFinancialSolutions.com https://FinancialSurvivalNetwork.com

Joryn Jenkins is an attorney who specializes in family law and matrimonial law. She works to change the traditional system of divorce, which can be financially devastating, by advocating for collaborative divorce. She recounts a story of a client who spent over $250,000 in five years on legal fees and appeals, and emphasizes the importance of settling disputes to avoid litigation. Joryn Jenkins and Kerry Lutz discussed the difficulties of litigation and the benefits of mediation and collaboration in resolving disputes. They also discussed the importance of finding a middle ground and the need for strong judges to help reduce the backlog of cases. They also discussed the importance of distressing people during the process and the need to remember happier times. Important Links: https://JorynJenkins.com https://openpalm.com https://FinancialSurvivalNetwork.com

Chris Vermeulen of Technical Trader Ltd. believes that the banking crisis is leading to dark times in the financial markets, with banking stocks collapsing and people moving their money into physical metals like gold and silver. He suggests that people invest in physical metals for long-term security, and that gold and silver could skyrocket if the banking system collapses and people lose trust in paper money. Technical Trader Ltd. believes that a stage four decline is coming soon, which could pull precious metals down, but if gold and silver break out of their current resistance levels, they could experience a multi-year rally with huge returns. He recommends having both gold and silver as part of an investment portfolio to maximize potential returns. Important Links: https://thetechnicaltraders.com https://FinancialSurvivalNetwork.com

Paul Oster and Kerry Lutz discussed new scams and a new rule implemented by the current administration that will penalize creditworthy home buyers and reward dead beats. They discussed skimmers, shimmers, and cameras that are used to steal data from credit cards. They also discussed a proposal that will penalize creditworthy borrowers who are seeking FHA or federally backed mortgages. Paul suggested building new accounts and paying down credit card debt to raise credit scores. Useful links https://betterqualified.com https://FinancialSurvivalNetwork.com

Summary: Kerry Lutz and Craig Hemke discuss the effects of central bank digital currency, the importance of real interest rates in driving gold prices, and the lack of interest in mining shares over the past decade. They explain that negative real interest rates are beneficial for gold, and that the Fed is likely to cut rates, which will cause gold prices to break out. They also discuss how the Fed's rate cuts may not lead to lower mortgage rates, and how the mining sector has been underperforming for the past 12 years. Key Links: https://TFMetalsReport.com https://FinancialSurvivalNetwork.com

Kerry Lutz and John Rubino discussed the current economic situation, which includes high unemployment, plunging lumber prices, and a shrinking money supply. They also discussed the possibility of a dollar shortage leading to deflation, and the potential for a cascade failure in the economy due to the tightening of monetary conditions. They also discussed the peculiar phenomenon of market crashes taking place during holidays. John Rubino and Kerry Lutz discussed the consequences of Germany's decisions to open their borders and invest in renewable energy, as well as China's Belt and Road Initiative, which is a form of capital flight. They also discussed the potential of Rfk Junior challenging Biden in the upcoming election and the implications of Tucker Carlson's firing from Fox News. More signs of a slowdown: — Lenders are still tightening lending standards (Capital One, CarMax) — CRE is tanking. Vornado Realty Trust stock at 27 year low — Pending home sales fell for the first time since November lumber prices crashing. — Layoffs all over the place Lyft, Disney, many more — Oil prices skid — M2 Money supply keeps going down ECB set to raise rates again in early May. — Rates are already way up. Italy 10 year yield is 4.3% — Is this a good time to short European stocks? Fed meets the same week. What happens if they both tighten? Silver swung to a massive deficit in 2022. Is that the same thing as a "shortage" and does it mean higher prices? RFK Jr is running against Biden, and has pretty good initial poll numbers. How will the Dems react? Does the Trump indictment guarantee him the nomination?

Dan Calandro suggests that anyone can make money on Wall Street without a broker by following his 15-stock portfolio strategy outlined in his book, "Lose Your Broker, Not Your Money". He explains that the portfolio is designed to outperform the market averages with less risk, and that it is comprised of stocks from the consumer staples and services industries. Dan Calandro discussed his investment strategy of making decisions based on personal preferences and his example of replacing Exxon with The Southern Company. He also discussed the benefits of investing in electric utilities, particularly in the Southeast and Southwest, and recommended his book "Lose Your Broker, Not Your Money" which can be downloaded at: Lose Your Broker

Kerry Lutz and Dennis Tubbergen discussed the upcoming recession and the implications of the Fed's actions. They concluded that the trend of inflation will likely lead to a deflationary collapse, and that people should prepare for both inflationary and deflationary environments by investing in tangible assets such as gold and silver, and highly rated corporate bonds. Kerry Lutz and Dennis Tubbergen discussed the effects of debt on prices and the potential for a harsh return to reality due to debt defaults. They also discussed the importance of taking control of one's own destiny and preparing for inflation and deflation. Lastly, they discussed the need to take precautions such as stocking up on food and silver coins in case of a financial system freeze up. To get Dennis's free book go to https://revenuesourcingbook.com Visit our site https://FinancialSurvivalNetwork.com

Dee Carter, an expert in the oil patch, discussed the current state of the oil and gas industry with Kerry Lutz. Oil prices have been fluctuating between $77 and $78 per barrel, and natural gas prices are in the low $2 range. There is a divergence between the two prices, and analysts are worried about the economic outlook and the demand for the summertime. Opec countries are scaling back production in May, which will lead to an undersupply of oil and an increase in prices. There is also a large refinery expansion taking place in Houston, which will help offset the downturn in production. Natural gas prices are low due to a warm winter and more people converting to natural gas. Fracking will still be a major factor in natural gas production, but other methods of extraction are being explored. Go to Dee's website at https://carterfinancial.com Our is www.FinancialSurvivalNetwork.com

Kerry Lutz and Debbie Bloyd discussed a new rule that would require reliable borrowers to pay a fee for dead beats. They both agreed that it was a stupid and socialistic idea. The rule takes place on May 1, 2023 and no one knows what the fee will be and how it will be used by the government. It's helping to further unsettle the real estate market. Real estate markets have changed over the past year, however, the public's perception and belief that they are entitled to a mortgage to purchase a home has not. Debbie is doing her best to educate the public but feels the message is just not getting through. Looking ahead she believes rates my come down slightly over the next year but that the economy will be in worse shape than it is now. Interesting times ahead. Find Debbie at: https://dlbmortgageservices.com

If you know where the Consumer is going, you will know where our economy is headed. US Consumer Confidence declined in April from 104 to 101. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—fell to 68.1 from 74.0. This type of reading points to Consumers spending less and saving more over the next year. IMO, the Consumer is very fearful right now and is starting to brace themselves for the next phase of this Recession… The last leg (Capitulation) is always the worst! Many are expecting a quick down market followed by a recovery over the course of a few quarters. I personally see a much different story developing. IMO, it would be a major mistake to believe that the Banking Crisis is over… we just finished the first month. 3 Primary Areas that Retirees need to focus on now. The point is that the World is Changing and this is not the time to be falling asleep at the wheel. Connect with David at https://myspg.com

We sat down with Holly Morphew to discuss her book, Simple Wealth, which is a guide to creating personal wealth and reaching early financial independence. Holly shared her own experience of going from living paycheck to paycheck to becoming financially independent in her thirties, and discussed her strategies for creating multiple streams of income, including investing in cash-flowing real estate. Holly Morphew and Kerry Lutz discussed the pros and cons of investing in short-term rental properties, as well as other ways to build wealth and create positive cash flow. They also discussed the impact of the pandemic on the short-term rental market and the need to find creative ways to incentivize cleaners. Holly's website: financialimpact.com Purchase her book at: Simple-Wealth-Practical-Transform-Relationship

Summary The Fed is trying to control inflation, but they don't have complete control. People are investing in gold and other precious metals as a safe haven. Diversification is key to success, and the Fdic may not be able to protect everyone in the event of a banking crisis. Johnson Wealth and Income Management discussed the importance of diversifying investments, the potential of a cashless society, and the role of AI in the next financial crisis. They also mentioned the importance of understanding the human element of investing and the need to make conservative, suitable decisions for one's money. Helpful Links: Johnson Wealth Management Financial Survival Network