Home Blog

Stagflation: The Coming Economic Storm in the U.S. with Dennis Tubbergen

from Kerry Lutz's Financial Survival Network

Kerry 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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

Bitcoin Halving: Market Impact, Debt Solutions & Economic Outlook with David Stryzewski

from Kerry Lutz's Financial Survival Network

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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

Revitalized Detroit: Affordable, Lucrative, and Growing with Nader Shariff

from Kerry Lutz's Financial Survival Network

Kerry 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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

The Rise of Artificial Intelligence in Investment Finance with David Marra

from Kerry Lutz's Financial Survival Network

Kerry 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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

West Red Lake Gold: Primed for Near-Term Production with Top-Tier Team & Infrastructure

from Kerry Lutz's Financial Survival Network

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.

Sign up (on the right side) for the free weekly newsletter.

How Inflation Impacts Cash, Stock Markets, Investments and a Possible Housing Market Crash with John Grace

from Kerry Lutz's Financial Survival Network

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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

Rethinking Retirement: Planning for Life After 65 with Eric Mangold

from Kerry Lutz's Financial Survival Network

Eric Mangold and Kerry 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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

The Decline of Credit Scores: Buy Now, Cry Later with Paul Oster

from Kerry Lutz's Financial Survival Network

Kerry talks to Paul Oster about 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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

Questioning the Government’s Economic Narrative: A Critical Analysis of Inflation, PPI Numbers, and the Federal Reserve’s Response with Ed Siddell

from Kerry Lutz's Financial Survival Network

Kerry 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.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

Another Climate Folly: Carbon Capture and Storage

by Pete Colan
American Thinker

I’ve been hearing a lot of commercials on my favorite local conservative radio station from BP about their Carbon Capture and Storage (CCS) projects (CCUS for “underground” storage), so my natural curiosity got aroused and decided to investigate it.

The World Economic Forum reports: “While such technologies have been commercially available for decades, only 30 CCUS projects are currently in operation across the globe, according to the Global CCS Institute. Another 11 are in construction and 153 are in development (in 2022 alone, 61 new CCUS projects were initiated).”

What is CCS/CCUS? For now, these systems primarily operate on industries that emit CO2 as a byproduct of their operations.

Continue Reading at AmericanThinker.com…

Drag Queen Makes Tiny Kids Chant “Free Palestine”

by Steve Watson
Modernity News

Video has emerged of a drag queen leading children barely older than toddler age in chanting “Free Palestine” during a so called “Queer Storytime for Palestine” event in Massachusetts.

The event, featuring a drag queen going by the name of ‘Lil Miss Hot Mess’, took place earlier this month at the Northampton Center for the Arts.

The event was advertised by the organisers as “dancing, celebrating Palestine culture, learning about queer heroes and doing arts and crafts.”

According to the hosts, Valley Families for Palestine, profits from the event were donated to alQaws, a Palestinian organisation that is “working for queer liberation.”

Continue Reading at Modernity.News…

The U.S. is Facing a Catastrophic Situation, Plus Are They Going to Eliminate Private Property Rights in the United States?

from King World News

The United States is facing a catastrophic situation, plus are they going to eliminate private property rights in the US?

“Houston, we have a problem.”

April 25 (King World News) – Alasdair Macleod: Now that short-term funding through Treasury bills must be nearly exhausted, how will the US Treasury fund the budget deficit, running at well over $3 trillion this year?

According to the US Treasury, the two largest buyers of US Treasuries have been Japan and China. Japan is now the largest holder, but this reflects the interests of mainly pension funds, insurance companies, and a carry trade.

Continue Reading at KingWorldNews.com…

Is Something Starting to Break? Stocks Plummet and Bonds Go Nuts as Economic Data Disappoints

by Michael Snyder
The Economic Collapse Blog

Are the financial markets headed for trouble? There was quite a bit of panic on Wall Street on Thursday after more bad economic numbers were released. But honestly I simply do not understand why the financial markets responded with such surprise. By now it should be apparent to everyone that we have a “Weekend at Bernie’s economy” that is being propped up by unprecedented levels of government spending. If we actually tried to live within our means, we would immediately plunge into a depression. Our politicians definitely do not want that, and so about every one hundred days they are adding another trillion dollars to the national debt, and the vast majority of that borrowed money goes directly into the veins of the corpse that we call the U.S. economy.

Continue Reading at TheEconomicCollapseBlog.com…

Childhood Seizures, Myocarditis & Pericarditis Increase Post-Covid Injection – FDA Study

The Covid vaccination continues to prove itself as a lethal injection in study after study.

by Sean Miller
Info Wars

A study, published Wednesday in JAMA, was conducted as part of a Food and Drug Administration (FDA) public health surveillance mandate. It indicated that a number of serious ailments afflicted children following mRNA COVID-19 vaccination.

“Statistical signals were detected for myocarditis or pericarditis after BNT162b2 vaccination in children aged 12 to 17 years and seizure after vaccination with BNT162b2 and mRNA-1273 in children aged 2 to 4 or 5 years,” the study said.

The study investigated data from covid-injected adolescents aged 12-17 and discovered a ‘safety signal’ (myocarditis/pericarditis) after administration of the Pfizer inoculation. A signal that had already been previously identified before.

Continue Reading at InfoWars.com…

Making Sense of Our Troubling Times

Based on several requests from our subscribers, we are making this premium interview with Alan Booker public and reposting. | Humanity is busy degrading its chances of having a prosperous future. Technology won’t save us, and can’t in its current approaches because its underlying framework is out of alignment with the core principles of life. Sustainability is a dead concept. Being regenerative is nature’s lesson. To change this humans have to shift our stories and their underlying metaphors. If we don’t…

by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity

Welcome to this very special Off The Cuff with Alan Booker of the Regenerative Design Institute.

Alan came to the Honey Badger Gathering in 2023 at Evie’s and my wonderful homestead, and absolutely wowed an impromptu audience with his wisdom and discourse.

He discussed the disappearing insects, why education is failing us, how to actually farm regeneratively, how systems thinking is more critical than ever, the importance of grasping how nature reduces entropy, and why our way out of all this is our…stories and their underlying metaphors.

Awesome, I know right?

Continue Reading at PeakProsperity.com…

Doug Casey On the Failures of the Justice System and a Viable Solution

by Doug Casey
International Man

International Man: What is the role of a justice system in a society, and what should the State have to do with it?

Doug Casey: In my view, what really holds a society together isn’t the laws enacted by legislatures or dictators, but peer pressure, social opprobrium, and moral approbation. In general, society is pretty self-regulating. It’s why people pay their bills at restaurants even though there’s not a cop at the door. Criminals are the exception, not the rule—although, it must be said, they naturally gravitate towards the government.

When somebody commits a crime, there’s a trial to determine what harm has been done, who should be compensated, and so forth. Courts determine these things. But I would argue that the state is not a necessary part of any of this. Society, like markets, tends to be self-ordering.

Continue Reading at InternationalMan.com…

Settling the Gold Versus Crypto Debate

by James Hickman
Schiff Sovereign

In 1972, while excavating to build a factory on the Black Sea coast of Bulgaria, a backhoe operator noticed gold objects glimmering in the bucket of his machine.

The construction worker had accidentally discovered the Varna Necropolis.

Dating back to around 4500 BC, the jewelry found in this ancient burial site is the earliest evidence of the use of gold by humans, and archeologists believe that they were considered a status symbol in ancient burial rituals.

Thousands of years ago, gold was likely collected from the earth’s surface in the form of nuggets or river dust.

It wasn’t until about 3500 BC, on a hilltop located in the modern-day country of Georgia, that a group of people from the prehistoric Kura-Araxes dug the oldest known gold mine.

Continue Reading at SchiffSovereign.com…

The Myth of the MAGA Economy

by David Stockman
LewRockwell.com

The GOP primary season has come alive, and the state of play is abysmal. Front and center there is Donald Trump, while everyone else, including a few real Republicans and several neo-con fakers, stumble along far in the rear.

And that’s a terrible shame. America desperately needs a return to old-fashioned GOP governance, yet Donald Trump is not remotely a conservative, let alone even a half-assed Republican. As it is, he fluked into the Oval Office in November 2016 and pro- ceeded to wantonly abandon Republican economic doctrine and badly tarnish the brand. But rather than showing him the door, the floundering remnants of the Republican Party have rallied to the banner of one of the most bombastic, egomaniacal, unfit mountebanks ever to appear on the American political scene.

So, what are the good people of the GOP thinking?

Continue Reading at LewRockwell.com…

Global Taxation – Proposal to Fight Climate Change and Poverty

by Martin Armstrong
Armstrong Economics

Finance ministers from France and Brazil are urging the G20 to implement a minimum 2% tax on billionaires in an effort to fight climate change and poverty. Everyone cheers when the suggestion is to tax someone else, but feigns shock when the rules expand and everyone experiences rising taxation. Global collaborative efforts such as war go against the very problems government agencies claim to combatting. They are deliberately increasing the price of living while simultaneously increasing our taxes.

Brazil’s Fernando Haddad and France’s Bruno Le Maire believe that billionaires should see their wealth decline by 2% (at minimum) every year. “In a world where economic activities are increasingly transnational, we have to find new and creative ways to tax these activities [and] thus direct the revenues to common global endeavours such as ending hunger and poverty and fighting climate change,” said Haddad. Le Marie spoke of GLOBAL TAXATION efforts as “a matter of efficiency and a matter of justice.” “Everybody has to pay his fair share of taxation,” he added. Longtime career politician Bernie Sanders of the US is also in full support of the proposal.

Continue Reading at ArmstrongEconomics.com…

The Clock is Ticking….

by Karl Denninger
Market-Ticker.org

The insanity coming out of “financial media” on the GDP report is amusing — but not surprising.

Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent.

Here’s the basic problem in this report — the last three reports are a declining trend and the Q3 2023 number looks like a pull-forward rather than an acceleration in growth, as the overall trend from Q3 2022 looks like those two interim reports were people having “one last party.”

The increase in consumer spending reflected an increase in services that was partly offset by a decrease in goods. Within services, the increase primarily reflected increases in health care as well as financial services and insurance.

Health care and insurance are not discretionary purchases and this is extremely bad news economically as it wasn’t absorbed; it came out of everything else.

Oh, and as for inflation?

Continue Reading at Market-Ticker.org…

Oil Markets Put a Question Mark on the Soft Landing Expectations

by GoldMoney Staff
Gold Money

Oil prices have sold off meaningfully from their recent highs. Brent and WTI crude oil lost $4.51/bbl and $4.89/bbl, respectively, from $91.17/bbl and $86.91/bbl (see Exhibit 1) at the time of writing.

Exhibit 1: Oil prices corrected sharply from their peaks

[…] It wasn’t just oil flat prices that came under pressure. Time-spreads in both Brent and WTI are also sharply off their highs. For example, the 6-month Brent time-spread (June-December) is down to $3.59/bbl at the time of writing, after trading as high as $5.61/bbl just two weeks ago (see Exhibit 2). Oil time-spreads tend to reflect physical tightness in the market. When oil availability is tight, time-spreads tend to trade in backwardation, meaning prompt prices trade above forward prices. A market with ample supplies is trading in contango, where prompt prices trade below forward prices.

Continue Reading at GoldMoney.com…

Biggest Landlords Pile into “Build-to-Rent” Single-Family Houses, but Sell Older Houses into this Overpriced Market

by Wolf Richter
Wolf Street

American Homes 4 Rent and Invitation Homes sold over 3,000 older single-family houses in 2023.

Building professionally managed communities of single-family houses for rent, with their own leasing and maintenance office, is the hottest trend in new house construction.

“Build-to-rent” has attracted homebuilders, from the biggest on down. And it has attracted the biggest single-family landlords that, instead of buying houses scattered all over the place to be rented out, are buying entire build-to-rent communities from homebuilders; and some also have their own build-to-rent construction programs where they buy the land and build these communities and lease them out.

Continue Reading at WolfStreet.com…

GATA Correctly Shreds Jeffrey Christian’s Gold Commentary

by Dave Kranzler
Investment Research Dynamics

CPM Group’s Jeffrey Christian did a Youtube podcast in which he mocked the view that most if not all of the gold in “Ft Knox” has been used by the Fed and the U.S. Treasury to help control the price of gold since the late 1960’s (London Gold Pool). The best proof those of us who are convinced that the Treasury’s gold plus an unknown quantity of gold held of behalf of foreign Central Banks has been hypothecated in the Fed’s effort to suppress the gold price is two-fold: 1) Contrary to Christian’s claim, there has not been a bona fide, independent audit of the Fed’s gold holdings since Eisenhower was the President: 2) the U.S. flinched, embarrassingly, when Germany requested the repatriation of half of the gold the Fed has “safekept” for Germany since the end of WW2; the U.S. balked then eventually agree to return 300 tonnes of the custodied gold, or 20% over seven years. Why not in just a couple of months similar to Venezuela’s repatriation of 200 tonnes of gold the prior year?

With the sanctions imposed on Russia by the U.S., along with the U.S.’ confiscation of Russia’s assets held at western Central Banks, eastern hemisphere Central Banks have been repatriating gold held in London vaults as well as adding to their existing gold stock.

Continue Reading at InvestmentResearchDynamics.com…

“Something Will Have to Give”

by Brian Maher
Daily Reckoning

“Something will have to give.”

So the International Monetary Fund warns us.

Yet what must give? And why must it give?

These are the questions that seize our attention today. Reports Bloomberg:

The International Monetary Fund leveled an unusually direct criticism at U.S. policymakers Tuesday, saying the country’s recent standout performance among advanced economies was in part driven by an unsustainable fiscal policy.

Continue Reading at DailyReckoning.com…

Ukraine-Israel Aid Bill Includes ‘$3.5 Billion to Supercharge Mass Migration From the Middle East’

by Neil Munro
Breitbart.com

President Joe Biden’s pro-migration border chief is opening new processing centers for Muslim migrants, amid pro-HAMAS riots in U.S. cities and just after Congress granted $3.5 billion more for migration within the $95 billion aid package for Ukraine and Israel.

“Not only did the ‘Foreign Aid’ package do nothing to secure our own border, it included $3.5 Billion to supercharge mass migration from the Middle East,” said a tweet from Sen. Eric Schmitt (R-MO).

“The Biden-Harris administration set the refugee admissions ceiling for fiscal year 2024 at 125,000 refugees,” said an April 23 release from the Department of Homeland Security’s visa-granting agency, adding:

Continue Reading at Breitbart.com…