from Kerry Lutz's Financial Survival Network
Kerry and Elliot Kallen discussed the current economic climate, emphasizing the disconnect between official inflation statistics and the real experiences of consumers. Kallen highlighted significant price increases in essential goods, such as food and wine, arguing that reported inflation figures do not reflect the reality faced by average consumers. They also addressed the economic impact of California’s wildfires, suggesting that these events could have broader implications. The conversation shifted to the U.S. national debt, with Kallen warning that it could become unmanageable, affecting the Treasury market and inflation rates. Lutz stressed the importance of fiscal discipline and the potential need for government spending cuts, while both acknowledged the challenges of achieving budget reforms in a politically charged environment. In terms of investment strategies, Kallen recommended a cautious approach, favoring short and mid-term corporate bonds and selective technology investments, while advising against long-term bonds and the electric car industry. He expressed optimism about the U.S. Defense sector and oil-related investments, while also discussing the real estate market’s potential recovery as interest rates decline. Kallen provided insights on the cryptocurrency landscape, indicating that a crypto dollar could change demand dynamics for Bitcoin, and he advised caution regarding precious metals unless geopolitical events drive demand. They also speculated on Tesla’s future, with Kallen forecasting a sale to a consortium within three years, while Lutz contended that Elon Musk would retain control. The discussion concluded with a focus on the implications of self-driving technology for jobs and unions, and both expressed interest in future conversations.
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With the exception of the presidential election last November, no period will be more full of political headlines than the weeks just past and the few weeks ahead. The transition from one administration to another on Inauguration Day, January 20, 2025, was both politically momentous and historic. This is especially true when the two political parties are handing over power from one to the other.
QUESTION: You said that Biden’s pardons are probably unconstitutional. Please explain this since nobody in the press has taken that position. Thank you for your insight.
Herbert Hoover was an unstoppable force in 1928.
A great many people laud traditional values and lifestyles, but they leave out the hard part: it take a heck of a lot of work, effort and sacrifice.
Well, the Donald surely did hit the ground thundering, and some right good noise it was— starting with the 1500 + pardons of the J6 offenders. That promise-kept was crucial because it was one big presidential middle finger rebuke to the Giant Lie that the Washington establishment and MSM have been egregiously peddling for the last four years.
The Trump administration has cancelled all flights on refugees who were slated to enter the United States in the coming days, according to an internal memo obtained by CNN.
Within hours of President Donald Trump’s inauguration on Monday, Chinese and Russian leaders Xi Jinping and Vladimir Putin held a 90-minute telephone conference to “deepen strategic coordination” and look out for each other’s interests in the “current global situation.”
“Sustainability” investments became popular a few years back.
The new year began with some trepidation regarding silver after it failed to finish 2024 with a new annual high close. However, the silver price has begun 2025 on solid footing, and now with the U.S. dollar looking like it might turn lower, perhaps we can start looking forward to a new breakout?
Trump keeps doing the right things. The Reagan administration certainly could have used this ability to keep a Democrat civil service from sandbagging its policies.
We have reached such a pivotal moment in world history. During his time in the White House, Joe Biden brought us closer to nuclear war with Russia than ever before. If Kamala Harris had won the election, I am convinced that a nuclear war with Russia would have almost certainly happened during her term. But Donald Trump won the election instead, and now he has a historic opportunity. He can end the conflict in Ukraine and avoid a nuclear war with Russia. If he is able to do that, he will save countless lives. However, if he handles this situation with Russia badly and nuclear missiles start flying back and forth, it will be the end of America as we know it today.