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Consumer Confidence Hasn’t Gotten the Memo with Russell Stone

from Kerry Lutz's Financial Survival Network

Russell Stone is back. On the slate in this installment… The consumer resilience that is reflected in some of the data that is meaningful doesn’t line up with what I see in person with conversations while traveling to main street America. The consumer is just starting to feel the reality as the cost of inflation and higher interest rates is hitting home. The dwindling savings of both the consumer and commercial savings accounts is seen in the data but is just starting to be felt. The Fed can’t be the buyer of last resort of al unsold treasuries very much longer. January/ February of 2024 should be interesting for all involved. Expect the consumer confidence to begin a sharp reversal beginning in late December and accelerating through the first quarter as the data lines up with the markets and reality.

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“Right Now is When You Can Make 5x-10x Your Money Just Catching the Cycle” Says $FURY CEO Tim Clark

from Mining Stock Education

“Right Now is When You Can Make 5x-10x Your Money Just Catching the Cycle” says Fury Gold CEO Tim Clark. “The problem here is the market. The problem is the lack of liquidity in the junior space. But that will change. And I think my message to investors now is: I’m not asking you to go out and buy a huge chunk of $FURY. But I think you’d be prudent to buy some. Because once this market moves, because of a lack of liquidity, you’ll have a hard time getting in at a reasonable price and you’ll be sitting there doubting yourself as it is up 50% wondering if it is going to go up 100%. And if it goes up 100% you are going to be killing yourself that you did not get in.”

Currently $FURY has a C$78m market cap with a $61m treasury in $DV.v shares ($53m) and cash ($8m). So unlike most gold explorers now, the company does not have financing risk. Functionally, $FURY is currently a call option on Dolly Varden Silver ($DV.v).

SVP Exploration Bryan Atkinson reviews the just-released positive infill drill results from the Hinge Target at the high-grade Eau Claire gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The Hinge Target infill program has increased confidence in the geological model and potential for expansion of the Eau Claire resource to the west. Drilling continues to intercept multiple zones of gold mineralization including 5.5 metres (m) of 4.52g/t gold and 3.0m of 3.34g/t gold from 23EC-069; 1.0m of 20.20g/t gold and 3.5m of 3.51g/t gold from 23EC-070; 1.0m of 19.55g/t gold from 23EC-066; and 3.5m of 3.82g/t gold from 23EC-067.

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Hire a Fractional CFO with Matt Putra

from Kerry Lutz's Financial Survival Network

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.

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Gold, Gold, Gold with Nick Santiago (Ep #545)

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.


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.

This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4295686/advertisement

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Uncovering the Truth About JFK’s Assassination and Dorothy Kilgallen’s Mysterious Death with Mark Shaw

from Kerry Lutz's Financial Survival Network

In this riveting interview, Kerry sits down with Mark Shaw, a prominent JFK assassination investigator, to delve into his groundbreaking research that challenges the official narrative of the JFK assassination and sheds light on the enigmatic death of journalist Dorothy Kilgallen.

1. Dorothy Kilgallen’s Career and Involvement:
Mark Shaw provides a comprehensive overview of Dorothy Kilgallen’s illustrious career as a journalist and her significant role in investigating JFK’s assassination. Kilgallen’s relentless pursuit of the truth led her into a complex web of conspiracy and intrigue.

2. New Revelations and Corruption within the Warren Commission:
Shaw exposes startling new revelations and government corruption surrounding the Warren Commission’s investigation into JFK’s assassination. He uncovers how key commission members were handpicked by President Lyndon B. Johnson and FBI Director J. Edgar Hoover to support the conclusion that Lee Harvey Oswald acted alone. Dissenting opinions were systematically ignored and destroyed.

3. Dorothy Kilgallen’s Connection to Carlos Marcello:
Shaw delves into Kilgallen’s investigation into JFK’s assassination and her connection to Carlos Marcello, a powerful mafia figure with a motive to eliminate JFK due to his brother Bobby Kennedy’s relentless pursuit of organized crime. The interview unveils new information from Morris Wolfe, who knew Kilgallen, providing further evidence that her knowledge may have cost her life.

4. Government Cover-Up and Destruction of Evidence:
Shaw discusses the alarming concerns of Senator Richard Russell and Senator John Sherman Cooper, both disturbed by the cover-up and destruction of crucial evidence during the Warren Commission’s investigation. The interview underscores the extent of government corruption that plagued the probe.

5. Reopening the Case of Dorothy Kilgallen:
In a thought-provoking conclusion, Lutz and Shaw ponder the possibility of reopening the case of Dorothy Kilgallen, believing that her untimely demise was a result of her relentless pursuit of the truth surrounding JFK’s assassination. This discussion leaves viewers with haunting questions about the hidden depths of this enduring mystery.

Mark Shaw’s research challenges the official narrative of JFK’s assassination and brings to light a dark world of government corruption and intrigue. This interview is a must-watch for anyone interested in uncovering the truth behind one of the most significant events in American history and the mysterious death of Dorothy Kilgallen.

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Environmental Missteps: Carbon Policies, EV’s, and Net Zero with Steve Goreham

from Kerry Lutz's Financial Survival Network

Steve Goreham returns to discuss:

Misguided Focus on Carbon Dioxide: Goreham challenges the prevailing view of carbon dioxide as a pollutant, questioning its classification and impact on climate change.

Net Zero by 2050 – A Flawed Goal: The conversation explores why aiming for net zero emissions by 2050 might not be the most effective approach for addressing environmental concerns.

Electric Vehicle Market Challenges: An in-depth look at the obstacles facing the electric vehicle industry, including technological, infrastructural, and economic barriers.

Renewable Energy Transition Complexities: Goreham and Lutz discuss the difficulties in transitioning to renewable energy sources, highlighting the limitations and realities of current technologies.

Subsidies for Green Initiatives: Examination of the role of subsidies in promoting electric vehicles and renewable energy, and whether these incentives are truly beneficial.

Critique of Current Environmental Policies: A critical analysis of measures like banning plastic straws and demonizing carbon dioxide, questioning their effectiveness and impact.

Microgrids as a Potential Solution: The episode delves into how microgrids could offer a solution for stabilizing unstable grids and storing alternative energy, presenting a different angle on energy management.

‘Green Breakdown’ Book Information: Details on how to obtain Steve Goreham’s book, “Green Breakdown,” including purchasing options and additional resources for readers.

Lutz and Goreham wrap up the discussion by emphasizing the need for a more nuanced and practical approach to environmental policy, urging listeners to consider the broader implications of current strategies and to explore alternative solutions.

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Smart Holiday Spending: Mastering Budgets & Avoiding Debt with Paul Oster

from Kerry Lutz's Financial Survival Network

Paul Oster from BetterCredit.com advises listeners to use prepaid gift cards to manage holiday spending and avoid credit card debt. He emphasizes the importance of having a plan and budget in place, paying off new balances within 90 days, and being disciplined to avoid financial stress. Oster also warns against cyber security threats and identity theft when shopping online, recommending the use of gift cards instead of debit cards and caution when clicking on links and ads. Kerry questions how many people will follow this advice, but Paul stresses the need for a change in behavior due to the current economic situation. They also discuss the serious consequences of credit card debt and provide practical advice on managing debt and improving credit scores, including contacting Better Qualified for a free consultation and analysis.

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Tackling Recession Fears & Retirement Strategies in Volatile Markets with Anthony Saccarro

from Kerry Lutz's Financial Survival Network

Kerry and Anthony Saccaro discussed the state of the economy, with a focus on the potential for a recession and the impact it could have on investors. They debated whether a recession is inevitable or if there could be a soft landing, and discussed the mental game of a recession and how it can become a self-fulfilling prophecy. They also discussed retirement planning and the importance of being careful in the current market, with Saccaro warning investors who are about to retire in the next three to five years to be very careful and advising people to start shoring up now to make sure that they can retire regardless of what happens in the market. Saccaro emphasized the need to invest for income in retirement, focusing on high-quality income-producing investments, such as value stocks with high dividend yields, to ensure a successful retirement. Order his book here.

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The White House Goes Rogue: Secret Surveillance Program Breaks All the Laws

by John W. Whitehead and Nisha Whitehead
The Rutherford Institute

“We are rapidly entering the age of no privacy, where everyone is open to surveillance at all times; where there are no secrets from government.” – William O. Douglas, dissenting in Osborn v. United States (1966)

The government wants us to believe that we have nothing to fear from its mass spying programs as long as we’ve done nothing wrong.

Don’t believe it.

It doesn’t matter whether you obey every law. The government’s definition of a “bad” guy is extraordinarily broad, and it results in the warrantless surveillance of innocent, law-abiding Americans on a staggering scale.

Continue Reading at Rutherford.org…

“Unrealized Losses” On Securities Held by Banks Jump by 22% to $684 Billion in Q3, Oh Lordy

by Wolf Richter
Wolf Street

They amount to 32% of Tier 1 capital and don’t matter, until they suddenly do.

“Unrealized losses” on securities – mostly Treasury securities and government-guaranteed MBS – at FDIC-insured commercial banks at the end of Q3 jumped by $126 billion (or by 22%) from the prior quarter, to $684 billion, according to the FDIC’s quarterly bank data release on Wednesday.

These unrealized losses were spread over the two accounting methods:

Continue Reading at WolfStreet.com…

No, Gold Market Manipulation Didn’t End in 2008

by Chris Powell

Dear Friend of GATA and Gold:

Gold advocate John Rubino writes this month that the gold market used to be manipulated by Wall Street traders “spoofing” the futures market, by commercial fabricators trying to trick hedge funds and other speculators in the futures market, and by Western central banks lending gold to bullion banks so they would sell it into the market to depress the price and thereby defend government currencies against competition from the monetary metal.

Only the latter manipulation has long-term impact, Rubino writes, and it ended in 2008 when other central banks turned from net sellers of gold to net buyers. If there is any manipulation left in the gold market, Rubino contends, it is now manipulation up:

Continue Reading at GATA.org…

Our Public Health Agencies Are Still Up to Their Old Tricks

by W.A. Eliot
American Thinker

Maybe you thought our public health agencies would undergo some contrite introspection after blowing it on basically every major COVID-19 policy (masks, lockdowns, school closings, vaccine safety, and efficacy, therapeutics, etc.). Yeah, sure. They did it all on purpose, their only regret being they didn’t do it to us gooder and harder. (Shortly before stepping down, CDC Director Rochelle Walensky said she regretted the messaging, not getting the policies wrong. Masks forever, boosters galore, follow the teachers’ union science, as long as the messaging is clear and forceful.) And they’re still at it.

From Newsmax, this about Dr. Jeffrey Sachs, an economist at Columbia University, regarding NIH:

A prominent “lifelong Democrat” scholar and economist who chaired a COVID-19 commission blasted Dr. Anthony Fauci and others for promoting “massive government lying” regarding the coronavirus, and accused Senate Democrats of refusing to investigate the virus’ origins…

Continue Reading at AmericanThinker.com…

Yes, Heavy Regulation Hurts the Economy. Just Look at France.

We’re often told European countries are better off thanks to big government policies. So why is the U.S. beating France in many important ways?

by Veronique de Rugy

It’s fashionable to claim that the free market ideas of Nobel laureate economist Milton Friedman have failed the country, and that it’s time for new policies. Campaigning in 2020, Joe Biden declared that “Milton Friedman isn’t running the show anymore.” More recently, New York Times columnist David Leonhardt noted that people like Friedman promised that the free market “would bring prosperity for all. It has not.”

This is nonsense. For one thing, I wish we lived in a world fashioned more fully by Friedman’s ideas. Sadly, while his insights have indeed influenced some U.S. economic policies, particularly during former President Ronald Reagan’s administration, the extent of their implementation has been quite limited.

Continue Reading at Reason.com…

Federal Judge Orders FBI to Finally Release Seth Rich’s Laptop

from Zero Hedge

The murder of Seth Rich has long been one of the stones left unturned since the fall out following the 2016 presidential election. Rich, a 27-year old staffer for the Democratic National Committee was shot twice in the back on July 10th, 2016 while walking back to his home in Washington DC. He was not robbed, yet his death was ruled nothing more than a botched robbery.

Although his murder would occur months before the election of Donald Trump, Rich’s name would become inextricably tied to the build up that culminated in that populist victory.

Continue Reading at ZeroHedge.com…

The U.S. Treasury’s Financial Crisis Warning Bell Didn’t Ring Before the Repo Crisis of 2019 or This Year’s Bank Runs

by Pam Martens and Russ Martens
Wall Street on Parade

The Office of Financial Research (OFR) is a unit of the U.S. Treasury Department. OFR was created as part of the Dodd-Frank financial reform legislation of 2010 to keep the Financial Stability Oversight Council (F-SOC) informed about emerging threats that have the potential to spread contagion throughout the U.S. financial system — as occurred in 2008 in the worst financial crash since the Great Depression.

Janet Yellen, the U.S. Treasury Secretary, chairs F-SOC. Its members include the heads of every federal banking and Wall Street regulator, who meet regularly to assess any threats on the horizon that could lead to financial instability in the U.S.

One of the data charts that OFR makes available both to F-SOC and the public to assess accelerating financial problems is its Financial Stress Index. OFR describes that index as follows:

Continue Reading at WallStreetOnParade.com…

“It’s a Powder Keg”: Steve Bannon Warns Tucker Ireland’s Post-Stabbing Anti-Immigration Crisis is “Coming Here, at Scale”

from The Burning Platform

Via ZeroHedge

Tucker Carlson sat down with Steve Bannon to discuss last week’s terrorist incident in Ireland – where an Algerian immigrant went on a stabbing spree in downtown Dublin, attacking five people – including three children. Following the stabbing, anti-immigrant riots broke out across the country over the government’s general pro-immigrant policies.

“Several days ago, a man in his 50s for reasons that are still not clear stabbed five people outside a school in Dublin, Ireland, including three children, and then almost immediately after, parts of that City erupted into rioting,” said Carlson, adding “The Washington Post stepped in helpfully to explain, here’s the Tweet The Washington Post sent out quote ‘online rumors claimed the perpetrator of a stabbing attack was an immigrant’.”

Continue Reading at TheBurningPlatform.com…

Inflationary Expectations Do Not Cause Inflation

by Frank Shostak

Many economists believe that inflationary expectations cause general increases in prices. For instance, if there is a sharp increase in oil prices, people will form higher inflationary expectations that set in motion general increases in the prices of other goods and services. According to the former Federal Reserve chairman Ben Bernanke, “Undoubtedly, the state of inflation expectations greatly influences actual inflation and thus the central bank’s ability to achieve price stability.”

Economists believe that if expectations could be made less responsive to various shocks, then over time this would mitigate the effects of these shocks on the momentum of the prices of goods and services. Many economic commentators think that central bank policies can bring inflationary expectations to a state of equilibrium in which expectations will be anchored or not sensitive to changes in economic data.

Continue Reading at Mises.org…

Doug Casey On How Milei Could Make Argentina a Beacon of Freedom and Prosperity

by Doug Casey
International Man

International Man: Javier Milei made history by becoming the world’s first anarcho-capitalist president.

What is the historical significance of his victory? Are you optimistic?

Doug Casey: Milei’s election is a big deal—potentially a very, very big deal. He’s the first declared anarcho-capitalist in history to head any country. And not by stealth. He, all the while, said that the State is the enemy and should be abolished. Anarcho-capitalists believe that society can run itself without a State, which is a formalized instrument of coercion.

It’s unprecedented for somebody to be elected to run a State that he wants to abolish. And propose that if it continues to exist, it should only have the police, military, and the courts. And even those should be privatized.

Continue Reading at InternationalMan.com…

Price of Gold Analysis with Brent Johnson

by Craig Hemke
Sprott Money

In this episode of “Monthly Wrap Up” hosted by Craig Hemke, guest Brent Johnson discusses:

  • How did the markets perform in November, and what were the key factors influencing the movements in interest rates, equities, gold, and silver?
  • What are the expectations for the market in December and possibly beyond, considering the recent actions and statements from the Federal Reserve?
  • How does Brent Johnson view gold as a long-term investment, and what strategies does he suggest for investors, particularly in terms of accumulating gold during pullbacks and preparing for potential market downturns?

Watch or listen to the full podcast below.

Continue Reading at SprottMoney.com…

Simon Michaux: The Green Energy Myth

Green energy, it turns out, is something of a myth. And, given all that’s at stake, a rather dangerous myth. Welcome to this Off The Cuff podcast with Professor Simon Michaux

by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity

There is no topic more important than today’s. Everything hinges on “us” getting it right. And by us I mean the entire global population.

That topic is energy. Specifically, the energy transition away from fossil fuels generally but oil most urgently. Why? Because oil is central to everything about our current way of life. The capital markets only function while expanding, literally millions of distinct products find the headwaters of their genesis in building blocks derived from oil. 95% of everything moves from point A to point B moves because of oil.

Heck, you eat oil in the form of oil-extracted or produced fertilizers, tractor activity, pesticides, and herbicides, and the fact that the average calorie you eat first traveled 1,500 miles before landing on your plate, every mile of that enabled by oil.

Continue Reading at PeakProsperity.com…

Yale Public Health Dean Megan Ranney Suggests Greening Vacant Lots Could Curb Chicago Shootings

[Ed. Note: People with ACTUAL shit-for-brains would come up with better ideas.]

by Awr Hawkins

Yale School of Public Health dean Dr. Megan Ranney (pictured) gave congressional testimony Tuesday in which she responded to questions about Chicago gun violence by pointing to studies suggesting that repairing urban buildings could reduce shootings.

Ranney made the remark during an exchange with Sen. John Kennedy (R-LA), who had asked her about the raging gun violence in Chicago.

Kennedy said, “Why do you think Chicago has become America’s largest outdoor shooting range?”

Ranney responded by saying, “Mississippi, Louisiana, and Missouri actually have higher firearm death rates.”

Continue Reading at Breitbart.com…

A Century of Barbarism is Upon Us

by Dr. Paul Craig Roberts

Those of us who were around for the Vietnam War remember the photo of Phan Thi Kim Phuc– “the napalm girl”– the naked, badly burned 9 year old girl fleeing the advancing bombing.

Today, thanks to “the only democracy in the Middle East” and Israel’s Washington enabler, we watch on TV, in Pepe Escobar’s words, “the wanton killing of women and children, the carpet bombing of hospitals, schools and mosques.”

And nothing is done. Washington sends more bombs, more money. European politicians speak of wanton murder of civilians as “Israel’s right of self-defense.” We are descending into darkness and losing our souls.

Continue Reading at PaulCraigRoberts.org…