Kerry Lutz's--Financial Survival Network Kerry Lutz

Kerry Lutz and Wolf Richter discussed various topics related to the evolving landscape of different industries. They analyzed the challenges faced by office buildings in major cities due to remote work and the potential for repurposing suburban office buildings into residential developments. They also explored the impact of de-globalization on intellectual property concerns and the challenges faced by manufacturers operating in China. Additionally, they discussed the resilience of electric vehicle sales and the evolving landscape of the automotive industry.
Furthermore, the speakers emphasized the potential benefits for utilities from the increasing adoption of EVs and the role of battery installations in managing electricity demand and supply. They also expressed concerns about the energy consumption of AI data centers and the implications for the electrical grid. Overall, the discussion highlighted the complex and far-reaching implications of technological advancements and societal changes on various sectors of the economy.
Find Wolf here: wolfstreet.com
Find Kerry here: FSN and here: inflation.cafe 

Kerry Lutz and Mark Skousen discuss the upcoming Freedom Fest event in Las Vegas, highlighting the growing appeal of libertarianism and the shift away from traditional left-right politics. They emphasize the diverse lineup of keynote speakers, including Javier Miele, Ice-T, and Rob Snyder, and the various events and activities planned for the conference, such as the presidential debate and the Anthem Film Festival. The conversation also touches on Las Vegas as a libertarian paradise, discussing its evolution from a gambling-centric destination to a multifaceted hub of entertainment, museums, and events.
The discussion also delves into the stock market's performance, emphasizing the influence of gridlock, tax cuts, and the Federal Reserve's actions. They express apprehension about deficit spending and the potential for a boom-bust cycle due to a shift in monetary policy. Additionally, they highlight the upcoming financial conference's focus on managing permanent inflation and the potential need for a return to a gold standard.
The conversation also touches on the government's narrative regarding inflation and the upcoming FreedomFest event, with details on hotel arrangements and contact information for attendees. Overall, the meeting highlights the excitement and anticipation surrounding the upcoming Freedom Fest event and the diverse range of topics and speakers that will be featured.
For the FSN community members who will be at Freedom Fest, email me at kl@kerrylutz.com and if we have enough people I will do a meetup with drinks and appetizers.
Visit FreedomFest here: freedomfest.com
Find Kerry here: FSN and here: inflation.cafe

Kerry Lutz and Carl Gould discussed the impact of Target's recent price reductions on consumer behavior and the retail industry, as well as the potential implications for the economy and the upcoming election. They also highlighted the fragility of the supply chain due to shortages in the housing market and truck drivers, as well as incidents like the Suez Canal blockage and the drought at the Panama Canal. They suggested that small to mid-sized businesses may need to adapt by diversifying their sourcing to de-risk their supply chain. Finally, they explored the potential impact of AI and automation on various industries, including the challenges of autonomous driving in urban areas and the potential for job displacement.
Find Carl here: carlgould.com
Find Kerry here: FSN   and here: inflation.cafe 

Kerry Lutz and Mindy McIntosh discussed the importance of a well-diversified investment strategy during periods of low volatility, and the impact of inflation and interest rates on consumer behavior, particularly in the housing and bond markets. They also addressed the shift in market sentiment from expectations of a soft landing and transitory inflation to a more permanent and impactful economic landscape, signaling the need for careful consideration of investment and retirement planning strategies. Mindy provided insights into the impact of interest rates, national debt, legislative risk, and taxation on retirement planning, while Kerry emphasized the importance of caution and personalized financial planning based on individual timelines and circumstances. They also discussed the need to anticipate and navigate potential economic changes, and the importance of diversification and income planning for seniors, particularly in the context of long-term care.
Find Mindy here: wealthmichigan.com
Find Kerry here:  FSN    and here: inflation.cafe 
 

We sat down with Gwen Preston, newly named VP of Investor Relations at West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG), for a sponsor update. Formerly known as the Resource Maven, Gwen shared her decision to transition from a decade-long leading resource newsletter publisher to her recent appointment to the WRLG management team. After a visit to the Madsen mine, her reservations about the company quickly turned to extreme optimism . She witnessed firsthand CEO Shane Williams’s highly capable team and their efforts to correct and profit from Madsen’s past owner’s miscalculations.
The key is WLRG's focus on the "golden runway" of production by mid-2025. 2024 will lay the ground work for the mid-2025 mine restart.
In a recent oversubscribed offering, WRLG raised C$33 million and now has the financial wherewithal to implement its plan. In addition, Gwen shared a big surprise, they found thousands of gold ounces hidden in the mill’s nooks and crannies, due to prior management's practices. While the restart is priority one, WRLG continues its drill program and recent results have only reaffirmed their initial purchase decision. If drill results continue their trend, Madsen will be producing for many years ahead.
Company website https://WestRedLakeGold.com
Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.

Financial professional Chad Olivier discussed his optimistic outlook on market trends, emphasizing the importance of sound financial planning and investing in companies with high growth and low debt. He addressed concerns about inflation, commercial real estate shifts, and the banking crisis, highlighting the need for clients to understand their risk tolerance and adjust their portfolios accordingly. The conversation also delved into the Federal Reserve's strategy regarding rate adjustments and its potential effects on the market, as well as the potential risks and benefits of long-term CDs, AI stocks, cryptocurrencies, and precious metals as a hedge in investment portfolios. They also discussed the potential impact of the upcoming election on the financial markets and provided information on how to connect with financial planning services.
Find Chad here: oliviergroup.com
Find Kerry here: FSN and here: inflation.cafe