Financial Survival Network

Kerry Lutz and Eddy Gifford discussed the recent GDP report and market behavior. Gifford expressed skepticism about the report and warned of warning signs in intermarket relationships and small companies struggling. He also discussed the concentration of stocks in the S&P 500 and how it could lead to trouble if those stocks have a bad day or self-correct. Gifford advised having a disciplined strategy with predetermined reasons to get in and out of investments, holding cash, and taking profits as the market rises. He also warned of cracks under the surface of the market, including high consumer debt and government spending built on debt, and predicted a financial event in six to nine months. The conversation ended with a discussion of where to find Gifford and how to connect with him. Find Eddy here: tactive wealth Find Kerry here: FSN

Kerry Lutz interviewed Matt Putra, a fractional CFO, who provided an overview of how fractional CFOs work and the benefits of hiring them. Matt explained that fractional CFOs help companies save costs and improve their financial performance by providing a full finance team and a broader market view. He also discussed his process for financial forecasting and risk management for turnarounds and growth companies, which involves building a detailed financial forecast and working with the leadership team to create a risk register and prioritize areas to work on. Matt's company specializes in turnarounds, fundraising, and growth for e-commerce, SAS, and clean tech industries, and he advised companies to look for a fractional CFO with lived experience and successes in their industry. Matt's linkedin https://www.linkedin.com/in/mattputra/ His company's website is https://eightx.co

Source: https://www.spreaker.com/user/appeal2/nick-545-enhanced-90p 1.Markets are trading higher today after the . The catalyst for the move higher was from the second estimate for Q3 GDP showed real GDP increasing at an annual rate of 5.2%. This number was expected to be strong but was better than expected. Later today, the Fed's Beige Book will be released at 2pm ET. 2. The Russell 2000 Index (IWM) is the big winner so far today. As many of you know, when the small caps lead markets it tells us that risk is on. That is the case today. 3. Oil has been ticking up this week ahead of the OPEC meeting. Apparently, OPEC is looking for OPEC+ to cut production. We don't know if that is going to happen. Either way, the chart is telling me crude is going down to the $69-70 level. 4. Gold has been a powerhouse lately. Yesterday, the precious metal surged and today it is slightly higher. Please understand, gold has not broken out yet, but it is getting close. 5. Bitcoin is pulling back a little today, but it does not seem as if anything is wrong yet.The daily chart is fine and the short term trend is up. Visit Nick at: https://InTheMoneyStocks.com

In this insightful interview, financial expert David Wright of Wright Financial Group and author of "Bonfires of the Sanities," delves into the latest U.S. initial jobless claims, which have slightly exceeded forecasts at 217K, compared to the predicted 215K and the previous 220K. Wright highlights the significance of these figures in the context of the current high-interest-rate economy, warning of their potential impact on overall economic conditions as unemployment is on the rise. Further, Wright discusses the Federal Reserve's projection of the unemployment rate reaching 4.5% by the end of the year, underscoring the deviation from their target rate of 5% aimed at maintaining a 2% inflation rate. He reminds viewers of the Fed's primary objectives: ensuring steady employment and price stability, rather than supporting the stock market. Concluding the interview, Wright provides his perspective on the stock market's future, predicting a range-bound situation marked by volatility, with significant fluctuations expected over the next 24 months. This insightful discussion offers valuable insights for those looking to understand and navigate the complexities of the current economic landscape. Visit David here: Wright Financial Group Buy his book here: bonefireofthesanities.com Find Kerry here: FSN

Martin Turenne, CEO of FPX Nickel (🇺🇸FPOCF -- 🇨🇦FPX) provided us with a sponsor update. He shared details about the just filed Baptiste project’s preliminary feasibility study (PFS), which revealed an impressive 18%+ IRR and an NPV exceeding $2 billion US. These findings position Baptiste as a significant future nickel supplier that will “appeal to the world's leading mining companies.” Turenne also touched upon the collaboration between automotive giant Toyota and electronics leader Panasonic. Together, they've formed Prime Planet Energy and Solutions, which is set to become a major electric vehicle battery producer. He emphasized the growing demand for nickel, and the need for a secure supply chain. Nickel is a vital element in the manufacture of EV batteries. Lastly, the CEO provided insights into the potential of the Van mineral deposit. He also highlighted FPX Nickel's commitment to establishing and maintaining a respectful relationship with the First Nations tribes. He Recognizes their concerns about mineral exploration and mining development in their territories, Turenne underscored the company's unshakable commitment to responsible and sustainable mining practices. Visit the company’s website for the latest updates: https://FPXNickel.com

Introduction: Returning Guest: Adam Coffey, a familiar voice to the Financial Survival Network and a beacon of entrepreneurial success. Exciting News: Adam unveils his new book, Empire Builder: The Road to a Billion. Main Discussion Points: The Entrepreneurial Dream: From starting a business to imagining the zenith of a billion-dollar exit. Roadblocks to Success: Addressing the very tangible challenges business owners face when trying to scale and maintain profitability. Adam's personal journey: How he dreamt beyond the obvious hurdles. Navigating the trials and errors on his path to creating a billion-dollar empire. Lessons from "Empire Builder": Key takeaways for aspiring entrepreneurs and seasoned business veterans alike. Adam’s insights on resilience, strategy, and the art of business growth. Why Read "Empire Builder": Deciphering the secrets behind monumental success in business. Exploring strategies, mindset shifts, and actionable tools that propel businesses to unparalleled heights. Closing Thoughts: The importance of vision, ambition, and adaptability in the world of business. Inviting listeners to engage with Adam's new book and assimilate its insights. Connect with Us: For more conversations with pioneering business minds and insights into the world of finance and growth, tune into the Financial Survival Network. If Adam's journey resonates with you, don’t forget to check out Empire Builder: The Road to a Billion. Click here Empire Builder Visit Adam at AdamCoffey Visit Kerry at FSN

Introduction: Special Guest: Craig Cecilio, the dynamic Founder and CEO of DiversyFund. Vision: Crafting a world where the American Dream isn't a privilege but a right for all. Key Takeaways: DiversyFund’s Mission: Ensuring equal opportunities for everyone to build wealth, regardless of socioeconomic backgrounds. Craig Cecilio’s rich experience spanning over 25 years: Proficiency in capital raising and deal structuring. Successfully conducted over 1,000 transactions across varied verticals: residential, multifamily, and commercial asset classes. The Power of Distressed Multifamily Assets: Introduction to DiversyFund’s newest investment offering tailor-made for distressed multifamily assets. How economic downturns can be turned into growth opportunities by tapping into affordable pricing. Economic Turmoil = Wealth Transference: Historical evidence pointing to significant wealth shifts during challenging economic times. DiversyFund’s in-depth whitepaper dissecting this intriguing phenomenon. Resources: DiversyFund White Paper: A comprehensive study into the greatest transference of wealth during economic upheavals. Click here to download: https://bit.ly/4967nxG Closing Thoughts: The unmatched potential of strategic investments in multifamily properties. Your ticket to transform market lows into phenomenal growth is here. DiversyFund is excited and ready to guide you on this transformative wealth-building journey. Connect with Us: For more details, exclusive insights, and opportunities, visit Diversyfund

We sat down with Torq Resources’ CEO Shawn Wallace and Chief Geological Office Michael Henrichsen (🇨🇦 TORQ: 🇺🇸 TRBMF) for a sponsor update. Results were just announced from Torq’s Phase III drill program at the Margarita iron-oxide-copper-gold project. With 14 holes spanning 3,862 m, the program has expanded the Falla 13 discovery and uncovered yet more mineralized zones within Margarita. They intersected 42 m of 1.1 g/t Gold and 0.48% Copper Near Falla 13 and 132 m of 0.48% Copper at Cototuda. Broad copper oxide zones were also found at the previously drilled Margarita corridor. No doubt more good news is on the way, with results from seven more holes expected shortly. Wallace expressed excitement over the project's potential given its strategic location near Copiapo's city, with high-grade infrastructure, and favorable conditions for year-round drilling. He remarked on the considerable value these discoveries added to Torq's Stock/Margarita project, with 2024 shaping up to be an important year. Henrichsen emphasized the significance of the new findings. He highlighted the discovery of a parallel structure to the Falla 13 zone, and the promise shown by the Cototuda target. He stated that the Margarita's unfolding potential is a continuing story and hopes that it will become another shining star within Coastal Cordillera belt, which is already home to several large producers. Plans are underway to study the characteristics of both discoveries, and to explore the newly discovered zones near Falla 13 and the Cototuda corridor, alongside numerous other unexplored targets. Very exciting times for the Torq team. Visit the company’s website at https://torqresources.com/

Source: https://www.spreaker.com/user/appeal2/nick-536 1. The major indexes are starting out a bit on the weaker side today. Traders should remember this Friday is options expiration for October. Today is Whipsaw Wednesday, which is often the most choppy session of the week before the Friday expiration. Rallies will often be sold and sell-offs will usually see big bounces. Be ready for a market that can be all over the map today. 2. Crude oil is catching a decent bid today trading back to $88.00 a barrel. This move up is solely based on geopolitical fears out of the Middle East. Honestly, I have no choice but to remain neutral on crude with everything going on geopolitically. There are just too many uncertainties in that region. 3. Yields had a huge day yesterday. The 2-year note yield traded as high as 5.20%. Today, the 2-year is currently trading around 5.19%. It is very close to the current fed funds rate which is 5.25 to 5.50%. When the 2-year trades into the Fed funds rate territory that tells investors that the Fed needs to hike. Watch this closely, 4. Gold is on fire this morning again trading higher by 1.75%. Obviously, the geopolitical events are helping gold to catch a bid as a safe haven play. Its getting a little overbought on the daily chart, but it's been strong. If you own it you trail your stop loss, but in this environment I would not sell it if you own it. The same for silver. 5. Bitcoin futures are trading slightly lower on the day. Earlier this week, Bitcoin caught a bid after the SEC did not appeal an earlier court ruling regarding a bitcoin ETF. So that is some bullish news, but the chart pattern on the weekly chart is still bearish.

Kerry Lutz interviews Mark Raffan, the Negotiations Ninja, on the art of negotiation. They discuss the importance of preparation and strategy in negotiations, caution against making it your job to ensure the counterparty gets a win, and emphasize the importance of knowing what you want and breaking it down into negotiable items. Mark shares a real-life example of a negotiation that bombed due to getting stuck in the weeds and discusses the importance of understanding the total value of a deal over the lifetime of that deal. They also advise being direct in negotiations and visualizing the completed deal to have a clear vision of success. Find Mark here: negotiations.ninja Find Kerry here: FSN

Kerry Lutz interviews Kyle, the top realtor in the US in 2019, about the current state of the real estate market. Kyle explains that the market is currently in a stalemate, with demand tempering off, but prices and buyer demand not plummeting as expected. Rates are a big factor in the market, and if they were to be cut, there would be a massive influx of buyers. Kyle also advises buyers and sellers not to let interest rates become the be all and end all, as refinancing is always an option. They also discuss various trends and strategies in the real estate market, including the decline of commercial real estate and the potential for repurposing buildings, as well as the housing shortage in the Northeast. Kyle advises real estate investors to be long-term players and to factor in a contingency plan when looking at deals. Find Kyle here: Seyboth Team Homes Find Kerry here: FSN

Kerry Lutz and Brad Williams discussed the recent CPI numbers and the impact of inflation on investments and retirement planning. Brad recommended that retirees should consider alternative sources of investment that perform well during high inflation and allocate a portion of their assets to precious metals. They also emphasized the importance of de-risking and shifting towards income-oriented investments as retirement approaches. Brad advised that retirees should work with an advisor who understands the income phase of their life and consider guaranteed sources of income such as certain annuities. Additionally, they briefly touched on the geopolitical situation and its potential impact on interest rates. Find Brad at: Ask Brad Williams Find Kerry at: FSN

Kerry Lutz and David Stryzewski discussed various economic and political issues. They talked about the latest Cpi number and inflation, with David explaining that the Cpi is not reflective of the average individual's purchasing power and that the government's printing and spending is causing inflation. They also discussed the complex economic and political landscape, including the potential for a government shutdown, impeachment proceedings against President Biden, and the Fed's upcoming meeting. Additionally, they talked about the impact of rising interest rates on the real estate market and the banking industry, as well as the need for better approaches to address mental health and addiction issues. Finally, they discussed upcoming events that could have a significant impact on the economy and society, including the potential government shutdown and the threat of a national credit downgrade. Find David at: myspg.com Find Kerry at: FSN

Catherine B. Roy, a LinkedIn expert, shared her insights on how to use the platform to triple your business overnight. She discussed her success using LinkedIn during the pandemic and provided tips on how to position oneself as an industry leader on the platform. Catherine emphasized the importance of creating valuable content and using keywords and hashtags to increase visibility. She also highlighted the potential of LinkedIn and encouraged early adoption to reap the benefits of the platform. Visit her at: https://CatherineBRoy.com

Amid recent the recent stock decline, we had a sit-down with Arthur Halleran, CEO of (sponsor) Trillion Energy (TCF 🇨🇦: TRLED 🇺🇸) to gain insight into the situation. Here’s what we learned. • Natural Gas Production: Trillion’s natural gas output was below expectations due to technical glitches, including oversized gas lines and water intrusion into wells. • Solutions in Play: To address these issues, Trillion sought expertise from a top-tier consultant for a comprehensive review of the SASB field. Their swift recommendations include perforating the waterlogged wells to up the pressure and remove water. This economical solution provides Trillion a cushion to add pumps to each well and modify the line size. • Market Dynamics: The ongoing geopolitical events have been pushing gas prices upwards, a trend that Halleran expects to persist. • Company’s Viability: Addressing concerns, Halleran reassured that Trillion is not only profitable but is also targeting a daily production surge to 7.5 mcf by year-end. Furthermore, the company is set to drill 5 sidetrack wells in 2024, hinting at a significant production expansion. • Oil Venture: Trillion has initiated a seismic study of its new Cudi-Gabar oil farm-in. Nearby fields boast production rates of 10,000 and 100,000 bpd. With a neighboring well about to be drilled, just a kilometer away, Halleran sees an opportunity for a free firsthand look into Trillion’s own field dynamics. Trillion’s challenges will soon be in the rear view mirror. With strategies in place to optimize gas production and the advent of the sidetrack wells, the company's cash flow is poised to see a substantial rise. Cudi-Gabar has the potential to be a monster field. The company is effectively trading at the same price, when we first purchased shares in 2021, except it now has production and greater prospectivity, which is why we're giving serious thought to increasing our position. Visit Trillion’s Website: https://TrillionEnergy.com

Source: https://www.spreaker.com/user/appeal2/nick-535 1 Earnings season is underway. This morning JPM, WFC, BLK, PNC, UNH & PGR reported earnings. For the most part, JPM is having a great reaction to its numbers. The stock is trading higher by 4.0%. More earnings will pour in next week in other industry groups. 2. The major indexes were trading higher this morning but gave up their gains. They were looking to close out a positive week, despite lots of geopolitical events taking place. This is why we must use charts and not opinions. 3. Next Friday is options expiration for October. Please understand, that is often a week of institutional game playing. As I always say, stocks that are up in the stratosphere are usually due to pullback and stocks that are beaten up can often catch bids. 4. Gold and silver are both strong to start the day, gold up over $50 and silver nearly a dollar. So far, they have acted very well since October 5th. The next gold resistance level in play will be around the $1950 area. The next silver resistance level is around $23.75. 5. Oil is catching a bid this morning. Currently, crude is trading around $85.92 a barrel. I'm keeping a neutral stance on crude due to the geopolitical tension in the Middle East. 6. Bitcoin is upticking a little bit. The pattern on Bitcoin is still bearish according to the weekly chart. Visit Nick at httsp://InTheMoneyStocks.com

Kerry Lutz interviewed Tony Saliba about Liquid Mercury, a derivatives software platform that focuses on security, safety, and speed and handles multiple asset classes, primarily digital assets. Saliba discussed the platform's ability to deliver a number of legs in a spread and the Merk token, which has two main value propositions for institutional clients and a rewards program for personal use. He advised traders to take a class and get familiar with crypto and to look at second-tier tokens that have been on their butt since the F Tx admission. Saliba also expressed his enthusiasm for options on crypto and the upcoming zero days to exploration for equities. Visit Tony at: http://LiquidMercury.com

Kerry Lutz and Eddy Gifford discussed the recent PPI numbers and its impact on the market, with Eddy explaining that companies will pass on the increased costs to consumers who are already struggling with inflation. They also discussed the Fed's interest rate policy and the yield curve, and how it affects the market. Eddy advised investors to maintain flexibility and have a disciplined strategy that is rules-based, and to lean in when the trend is in their favor and cut their losses or implement stops and targets. They also delved into the complexities of the current global instability and its potential impact on the economy, expressing concern about the state of the world and the potential consequences for the economy and people's lives. Gifford emphasized the importance of refining and improving investment strategies and maintaining discipline, even in moments of pessimism, and highlighted the need for investors to have a plan that takes advantage of emotions in the market and to be prepared for market downturns. Visit Eddy at: https://tactivewealth.com

W. Craig "Bill" Reed, a bestselling author and executive consultant, shared his insights on the power of storytelling in corporate settings. He emphasized the importance of engaging the emotional and instinctual parts of the brain, using simplicity, structure, and emotional connection in storytelling. Reed also discussed how to apply these principles to presentations to large audiences or business-to-business accounts, and offered practical tips for crafting effective stories that resonate with customers. Additionally, he shared how Remotely Me helped Better Homes and Gardens Real Estate improve their sales and recruitment process using neuroscience, resulting in a reduction in onboarding costs, increased productivity, and less turnover. Overall, Reed's expertise provides valuable guidance for anyone looking to improve their communication skills in a corporate setting. Visit Bill at: WCraigReed.com

Source: https://www.spreaker.com/user/appeal2/nick-534_1 1. Market rally after a lower open on the back of the hotter than expected job report. PPI up %0.5, a little hotter than expected. Markets are testing a big head and should neck line. A lot of bumpiness ahead. 2. US Dollar index is falling and that is helping stocks. Dollar has had a good pullback. 3. Oil is pulling back and that is helping markets. 4. Nat gas is breaking out. 5. Gold has caught a big bid on the back of the weaker dollar. 6. Bitcoin is weaker. Daily chart is weak.

Kerry Lutz and Eddie Siddell discussed the US job report, inflation, and market volatility. Eddie expressed skepticism about the job report, citing that the majority of the jobs added were government and low-paying hospitality jobs. He believes that the economy is not out of the woods yet due to non-recourse commercial loans and overspending, which could lead to inflation. Both Kerry and Eddie predict volatility in the market due to political uncertainty and advise investors to be prudent and assess their financial situation. They both agree that the key to financial survival is to be prepared and protect one's assets. Find Eddie here: EGSI Financial. Find Kerry here: FSN

When it comes to investing, the trend is always your friend. sponsor Correlate Energy (CIPI) is benefitting from the largest trend ever: the shift clean energy alternatives, especially microgrids. Trillions of dollars are flowing into this sector and Correlate is starting to see revenues flow as a result. Here CEO Todd Michaels and VP Bill Shevlin discuss these trends and their plans for Correlate to emerge as a major player in the sector. Visit Correlate at: https://Correlate.Energy

Kerry Lutz interviewed Tom Reber, founder of The Contractor Fight, about his experience in the home improvement contracting sector and how he helps struggling businesses turn their operations around. Reber emphasized the importance of a mindset shift for contractors to focus on marketing and sales, and the significance of small daily disciplines in achieving success. They also discussed the challenges of understanding financials and setting prices, the need for effective marketing and branding efforts, and the importance of daily sales efforts to maintain a steady stream of revenue. Additionally, they talked about the challenges of entrepreneurship, including the emotional toll it can take, and provided three actionable tips for boosting business and income: taking care of oneself, committing to building one's brand, and learning how to communicate effectively. Find Tom at: https://thecontractorfight.com/ Visit Kerry at: https://FinancialSurvivalNetwork.com

* Israel adds to the sense that we're back in the 1970s. Will the US and Iran get involved? * The defense contractor stocks are up, of course. * Oil had given up $8/bbl of its big run, but this morning it took half of that back. * The yield curve is flattening. What does that mean? * The UAW strike is widening and Keiser Permenantehad a temporary strike that might resume if no deal is signed this week. * The weight loss pill story ... * Twitter is absolutely the only way to keep up with fast moving events like a war. * Biden is building Trump's wall as New Yorkers chant "Close the border!" * Chaos in the Republican party, or politics the way it should work? Visit John at https://Rubino.Substack.com

Source: https://www.spreaker.com/user/appeal2/nick-533 1. Oil is gaining after the Israel war. 2. Markets are lower this morning, burt they did have a big rally on Friday. The bond market is closed today due to the old Columbus Day holiday now called indigenous peoples day. In the past, when the bond market was closed the stock market would often rally. Remember the old saying, when the cats away the mice will play. 3. Gold is catching a strong bid trading higher by 1.0%. Gold rallied on friday as the US dollar pulled back and is seeing some interest today. Gold will often do well in times of uncertainty. Silver is also positive today, but gold is stronger right now. 4. Bitcoin is trading lower today by 1.4% to 27,500. Remember, there is a bearish weekly chart pattern on bitcoin that signals a move down to 22K.