Financial Survival Network

Kerry Lutz sits down with Dr. Steve Bonta to discuss the growing intersection of geopolitics, artificial intelligence, and economic change. They examine rising tensions with Iran, potential disruptions to global energy markets, and instability in Venezuela and Cuba. The conversation then shifts to AI's rapid evolution, comparing today's technology boom to the early days of the internet. Bonta explains how AI is already transforming industries ranging from law and government to medicine and scientific research, while also creating new challenges involving fraud, surveillance, and regulation. They also explore the infrastructure demands of AI, including the growing need for energy, water, and advanced computing power. While both see enormous potential for innovation and productivity, they caution that the technology's long-term impact will depend on how society manages its risks and opportunities. Find Steve here: https://thenewamerican.com/author/steve-bonta/  Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and Mike Manwell of Rethinking the Dollar examine the Federal Reserve's next move, rising macroeconomic risks, and the growing strain of U.S. debt markets. The discussion focuses on the Fed's "great decision" as inflation remains elevated while roughly $10 trillion in Treasury debt comes due. They explore whether policymakers will lean toward rate cuts and renewed monetary accommodation to ease fiscal pressure, and what that could mean for the dollar, markets, and global financial stability. The conversation also covers geopolitical tensions, de-dollarization risks, and the potential for major global events to accelerate emergency policy responses. Throughout the episode, they stress the importance of understanding monetary systems and preparing for increased uncertainty. Gold and silver are highlighted as key hedges, with emphasis on physical ownership, market structure concerns, and long-term purchasing power. The episode closes with practical insights on navigating an increasingly fragile economic and geopolitical environment. Find Mike here: RethinkingTheDollar Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this episode of the Financial Survival Network, Kerry Lutz and Bill Walton examine the major political, economic, and geopolitical forces shaping America and the global investment landscape. They discuss rising tensions with Iran and the complexities of military outcomes in the region, the uncertain future of Cuba after decades of economic stagnation, and broader efforts across Latin America to counter Chinese influence. The conversation also highlights how domestic economic concerns continue to outweigh foreign policy for most voters. A major focus of the discussion is the accelerating wave of capital flowing into the United States. From airports and highways to rail and infrastructure development, they explore why investors are increasingly viewing America as the most attractive destination for long-term capital compared to Europe and China. The episode also covers urban challenges and revitalization efforts in major U.S. cities, including issues around governance, homelessness, and infrastructure renewal in places like Los Angeles and Washington, D.C. Finally, they address concerns over federal spending inefficiencies and the potential scale of waste reduction if accountability measures were meaningfully enforced. A wide-ranging conversation on geopolitics, investment flows, infrastructure growth, and America's economic trajectory as it approaches its 250th anniversary. Find Bill here: https://thebillwaltonshow.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and Susan Porsky of Phoenix Capital Group break down what the latest employment data is really telling us about the economy, the markets, and retirement planning. While job numbers came in slightly better than expected, Susan explains that both hiring and firing have slowed dramatically, creating a labor market that appears stable on the surface but may be signaling deeper changes underneath. The discussion then turns to retirement planning and the growing importance of protecting against sequence-of-returns risk. With higher yields now available for the first time in years, investors and retirees may need to rethink old strategies and consider a more conservative approach to preserving wealth while still participating in market gains. Susan also shares her thoughts on opportunities beyond the headline AI stocks. Rather than chasing the biggest names, she points to the infrastructure powering the AI boom, including data centers, utilities, energy providers, and related ETFs. The conversation also covers SpaceX, IPO hype, and alternative ways to gain exposure without taking unnecessary risks. A timely discussion on retirement security, changing market conditions, and where smart investors may be looking next. Find Susan here: https://phx.financial  Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Are your current investments quietly evaporating? In this episode of the Financial Survival Network, host Kerry Lutz sits down with Kim Isken from Tuttle Capital Management to help you avoid the stocks melting ice cube trap. They dive into a groundbreaking new approach to investing in a rapidly changing economy. As a massive structural shift occurs in the markets, traditional "value" stocks risk becoming melting ice cubes, while companies anchored by massive physical footprints are poised to thrive. Tune in to discover why old market plays are failing and how to protect your portfolio today. Key Takeaways from the Episode: The "Halo" Thesis: If human cognition and intelligence become virtually free, what survives? The answer lies in heavy, tangible assets that cannot be replicated by an AI chatbot. Industries Impervious to Disruption: Why industrials, energy producers, utilities, railways, and consumer durables (like Oreos!) hold competitive moats that cannot be breached. The Downstream Beneficiaries: How heavy asset sectors double as critical infrastructure providers—because data centers don't run without massive power grids and energy. The Death of Traditional Value Investing: Why hunting for "cheap" stocks based on old metrics is increasingly dangerous, as many of these firms are facing structural declines. Find Kim here: https://www.tuttlecap.com/ Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this episode of the Financial Survival Network, host Kerry Lutz sits down with long-time market analyst Jerry Robinson from followthemoney.com to break down the highly unconventional state of the 2026 global economy. Despite rising inflation indicators, a looming shift in Federal Reserve leadership, and escalating geopolitical tensions, the stock market continues to hit all-time highs. Robinson shares exclusive charts to reveal how strong underlying earnings in big tech are propping up the market, creating a massive divergence from what traditional economic models would predict. The duo unpacks the critical tension between rising treasury yields and Wall Street's inflation anxieties, while exploring how commodities like gold, silver, and oil are navigating these turbulent cycles. The conversation then shifts to the powerful, disruptive wave of artificial intelligence and its physical manifestation through the massive boom in data centers. Lutz and Robinson discuss the immense resource strain these data centers place on power grid infrastructure, emphasizing that the U.S. must adopt an "all-of-the-above" energy strategy to stay competitive in the global AI arms race against China. From Tesla's full self-driving capabilities to the transformation of the corporate workforce and the elimination of workplace drudgery, they view AI not as a threat, but as an unprecedented tool for human productivity. Wrap your head around the rapidly approaching future, hear an update on Kerry's latest legal battles against data-harvesting apps, and discover why the world may look completely unrecognizable in the next 18 months. Find Jerry here: https://followthemoney.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Ever found yourself pacing your living room, aggressively shouting "REPRESENTATIVE!" into your phone, only for a cheerful robot to say, "I'm sorry, I didn't quite get that?" You aren't alone, and it's not just a minor annoyance—it's an "infinite loop architecture" by design. In this deep dive, we unpack a groundbreaking legal battle launched by Florida citizen Kerry Lutz, who has filed emergency petitions with both the FCC and the Florida Public Service Commission to demand a Live Agent Access Requirement. In this episode, we expose how corporations financially profit as "deflected calls" when frustrated customers hang up, and we detail Lutz's proposed regulatory "fire escape"—a rule forcing telecom and utility monopolies to provide a human option within 60 seconds without mandatory automated screening. We also dive into the dystopian reality of the "hidden biometric toll," explaining how modern AI menus secretly harvest voice prints and analyze your stress levels, exploiting a massive regulatory gap left by laws stuck in the "press 1 for billing" era. Finally, we tackle the ultimate philosophical question: if AI eventually becomes flawless and perfectly mimics human empathy, will we even care about talking to a real person anymore? If you've ever been held hostage by an automated phone tree, this episode is the validation—and the legal breakdown—you've been waiting for. Tune in to learn how one regular citizen is taking on the entire utility and telecom industry to save us all from the automated doom loop. Find Kerry here: https://kerrylutz.com

A review of Kerry Lutz v. Town of Palm Beach challenging QR-code parking stickers and municipal compliance with traffic-device standards. • Case filed April 23 in S.D. Fla. • Plaintiff moved to take judicial notice of sticker facts • MUTCD adopted into Florida law governs device specs • Plaintiff cites 2004 AG opinion and June 2025 FDOT memo • Evidence includes municipal websites and street photos • Vendor ecosystem centered on One Parking is fragmented • Data-privacy and vendor-accountability concerns raised • Issue: privatization of notice and enforcement     Find Kerry Here: https://kerrylutz.com Get the book here:  No Parking    

  The meeting reviewed Kerry Lutz's five administrative petitions challenging app-directed parking signage and vendor practices across Florida and explained the legal and procedural theory underlying the campaign. Presenters described substantive claims, statutory remedies, procedural deadlines, and potential statewide compliance risks tied to federal funding and the MUTCD. Substantive legal theory: Lutz alleges many app-directed parking signs lack required regulatory text and display commercial logos, violating the Manual on Uniform Traffic Control Devices and Florida traffic statutes; noncompliant signs are characterized as public nuisances and therefore legally unenforceable and removable. The petitions also assert that app-based vendor practices siphon municipal funds through revenue splits and convenience fees, and seek rules capping vendor compensation at actual interchange costs and banning per-ticket private compensation or privatized citation issuance. Procedural strategy and leverage: The filings are Chapter 120 administrative petitions—declaratory statements (90‑day response) and rulemaking petitions (30‑day response)—designed to force timely agency action rather than prolonged inaction. Presenters emphasized that a 2018 constitutional change eliminated judicial deference, requiring de novo review by administrative law judges, which increases the likelihood agencies will be reversed on appeal if orders conflict with plain statutory or MUTCD text. Privacy and minors: Petitions raise privacy and parental-consent concerns, arguing that requiring drivers, including 16–17‑year‑old minors, to accept app terms and surrender location/payment data may bind minors without verified parental consent; the petitions request verifiable parental-consent mechanisms in the apps. Regulatory and funding implications: Presenters tied the sign noncompliance to a Florida Department of Transportation memo and federal highway funding rules to argue a potential statewide federal‑compliance risk. The approach was framed as a low‑cost procedural blueprint leveraging existing statutes to compel transparency and administrative change as municipal parking systems become more digital and automated. Find Kerry Here: https://kerrylutz.com Get the book here:  No Parking    

Kerry Lutz and Gregory Mannarino discuss why they believe the financial, political, and media systems are rapidly breaking down — and what individuals can still do to protect themselves before the next major crisis hits. From currency debasement and market manipulation to AI surveillance, stablecoins, and centralized control, they warn that the system is becoming increasingly rigged against the average person. The conversation covers perpetual war, Federal Reserve policy, asset inflation, and the growing transfer of wealth away from the middle class. Greg and Kerry explain why higher interest rates, hard assets, financial independence, and emotional discipline may become critical in the years ahead. Kerry also details ongoing legal and regulatory efforts, including federal lawsuits, petitions with Florida regulators, and a Public Service Commission hearing focused on forcing utility companies to provide access to real customer service representatives instead of endless automation. They also discuss media manipulation, censorship, independent media platforms like Substack, and why grassroots action and personal responsibility may be the only path left to restoring economic freedom. Find Greg here: https://substack.com/@gregorymannarino Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this high-intensity episode, Kerry Lutz and John Rubino dive into the "world gone insane." From the shifting geopolitical sands in Iran and Cuba to the death of judicial deference in Florida, we explore how the "average citizen" is finally gaining the tools to fight back against a predatory bureaucracy. We break down the mathematical inevitability of triple-digit silver, the impact of the 2026 "Panic Cycle," and why the government's reliance on "digital shakedowns" (like app-based parking) is about to hit a massive legal wall. Key Discussion Points: Geopolitics & The Election: Why the 2026 midterms are forcing the administration's hand in Iran and Cuba. The Administrative "Shot Clock": How Florida's Chapter 120 is being used to corner state agencies. The End of Deference: Why judges are no longer allowed to "grade the agency's own homework." Commodity Super-Cycle: Why silver at $100/oz is a realistic milestone in the face of currency debasement. The "Privateer" Problem: Exposing the revenue-share models that turn municipal parking into digital bounty hunting. Find John here: https://Rubino.substack.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz goes live with Gerald Celente for a powerful conversation on the growing global chaos reshaping markets, economies, technology and society itself. From the escalating Iran-Israel conflict and fears of wider war, to soaring oil prices, gold's breakout move and the accelerating rise of artificial intelligence, Celente warns the world is entering a dangerous new era of instability. Gerald explains why he believes geopolitical tensions are far from over, why the global economy is already starting to crack under pressure, and why gold continues attracting safe-haven demand as uncertainty spreads worldwide. He also shares his outlook on China's rapid technological rise, the future impact of AI on jobs and society, and why he believes the cultural and economic foundations of the West are being fundamentally transformed. This wide-ranging interview connects the dots between war, markets, inflation, technology and global power shifts in a way few analysts are willing to discuss openly. Find Gerald here: https://trendsjournal.com  Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz was joined by precious metals expert Andy Schectman and a powerhouse panel discussion covering the growing stress fractures inside the global financial system, the silver market, and the accelerating shift away from dollar dominance. The conversation dives deep into unusual activity inside COMEX, massive physical silver deliveries, warehouse drawdowns, rising questions about market trust, and why some believe the silver market is approaching a breaking point. The panel also examines China's growing role in precious metals, BRICS payment systems, gold-convertible trade settlements, and the global push toward a multipolar financial order. They discuss mounting debt pressure, rising interest rates, and forecasts for a potential panic cycle that could dramatically reshape markets over the next several years. The group also explores geopolitical realignment, changing energy trade routes, and what these developments could mean for the future of the U.S. dollar and precious metals prices. In the second half, Kerry outlines an aggressive Florida-based legal and regulatory campaign targeting municipal parking enforcement, utility customer service policies, and state compliance issues — while sharing plans for upcoming investor events and future coordination efforts. Find Andy here: https://milesfranklin.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and Dale Smothers break down the Fed's latest decision to hold rates and what it really signals beneath the surface. With inflation still sticky, oil prices elevated, and the labor market holding strong, they explain why the Fed may be stuck—and what that means going forward. From there, the conversation shifts global. Rising geopolitical tensions and energy dynamics are reframing America's position, with a growing focus on domestic production, nuclear expansion, and long-term energy security. They also dig into the strain from AI-driven data center demand and the surprising infrastructure challenges starting to emerge. On the investment side, Dale lays out a clear strategy—leaning into consumer strength, favoring tech and utilities, and balancing portfolios between risk-on and defensive positioning. He also shares how options can be used right now to generate income and protect against near-term volatility. This is a forward-looking conversation connecting Fed policy, global power shifts, and market strategy—giving you a clearer picture of where things may be heading next. Find Dale here: https://rdsmotherswealth.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

The Iran flashpoint isn't just regional—it's the front line of a much bigger global strategy. What looks like isolated tension is part of a coordinated push shaping power, trade, and influence worldwide. Kerry Lutz sits down with Todd Sheets to break down why Iran sits at the center of U.S. focus, how control of critical waterways like the Strait of Hormuz factors into the equation, and why this moment signals a more aggressive projection of power. The conversation connects Middle East escalation to broader geopolitical moves, including pressure points tied to global commerce and rival superpowers. They also dig into the domestic side—how shifting presidential authority and political dynamics are influencing decisions both abroad and at home. This isn't just about conflict. It's about control, leverage, and what comes next. Find Todd here: https://toddsheetswriter.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz sits down with Jay Mehta to break down a stronger-than-expected consumer confidence report—but the story beneath the surface is far more complicated. Mehta explains why confidence is rising, pointing to a still-resilient labor market and households that continue to spend. But despite the upbeat data, the bigger question is how long this strength can actually last. Rising energy costs are starting to creep back into the picture, and they hit lower-income households the hardest—threatening to squeeze discretionary spending and shift the trajectory of the broader economy. So far, sentiment hasn't cracked… but the pressure is building. Mehta explains why investors shouldn't react emotionally to short-term shocks, how to stay positioned with a long-term strategy, and why the energy sector is one to watch closely in the months ahead. The consumer may look strong today—but the risks are quietly stacking up. Find Jay here: https://verazadvisors.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Peter Schiff breaks down why the dollar is in real trouble—and why gold may be the only way out. Kerry Lutz sits down with Peter Schiff to unpack mounting pressure on the U.S. dollar and the growing risk of a sovereign debt crisis. Schiff explains why foreign demand for Treasuries is fading, how the Fed is effectively monetizing debt, and why repeated fiscal "kicks" may be pushing the system toward a breaking point. He lays out his strategy—reducing dollar exposure in favor of foreign dividend-paying stocks and gold—and why that approach has been outperforming. The discussion also covers gold and silver trends, mining valuations, and new developments in gold-backed financial products. Bottom line: the risks are rising—and the window to act may be closing. Find Peter here: https://www.schiffgold.com  Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

This interview dives into warnings of a major economic collapse already in motion. Kerry sits down with Darryl Schoon to break down what's happening beneath the surface—where inflation is crushing affordability, while deflation quietly destroys money through debt defaults and contraction. They unpack how credit creation, loan failures, and central bank intervention are colliding in real time. Quantitative easing since 2009 may have kept the system alive—but at a cost. Money velocity has collapsed to Great Depression levels, while liquidity has been funneled into financial assets and housing, pushing prices out of reach. The conversation turns to real-world warning signs: frozen private equity funds, tightening credit, rising repossessions, and corporations buying up housing—only to drive rents higher. What looks stable on the surface is showing serious cracks underneath. They also explore the bigger picture—war, central banking, and decades of offshoring accelerating the instability—while questioning whether any real solutions remain. Find Darryl here:  https://drschoon.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry sits down with Dennis Tubergen to break down a rapidly shifting economic landscape—and the warning signs are getting louder. Tubergen argues stagflation is no longer theoretical. With inflation rising and GDP expectations falling, he warns that higher energy prices could fuel a prolonged and painful cycle just as growth slows. The focus then shifts to gold and silver, where recent pullbacks look more like consolidation than weakness. With physical supply deficits and potential delivery stress, the setup—especially for silver—could be explosive. They also examine central banks accumulating gold, raising deeper concerns about long-term confidence in fiat currencies, while questioning the durability of cryptocurrencies. The conversation wraps with capital migration trends across the U.S., as high-income earners and corporations relocate to more favorable tax environments—highlighting growing structural and policy pressures. Find Dennis here: https://dennistubbergen.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Recorded live on Substack on April 8, Kerry Lutz sits down with John Rubino to break down how escalating war tensions are shaking global markets, precious metals, and the broader financial system in real time. Gold and silver's initial drop—and sharp rebound—are unpacked, with insights into margin calls, central bank activity, and why prolonged conflict could ultimately fuel inflation and drive metals higher. The conversation moves into deeper territory, exposing growing risks inside private credit and shadow banking. Opaque structures, rising leverage, and AI-driven vendor financing are flashing warning signs, with unsettling parallels to the early stages of the 2008 financial crisis. Silver's strategic importance also takes center stage, including Mexico's outsized role in global supply and what that could mean for future pricing. The discussion wraps with a look at geopolitical strategy, historical comparisons, and why limited interventions—not full-scale wars—may define the next phase of global conflict in an increasingly fragile financial system. Find John here: https://Rubino.substack.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and David Erfle break down silver's violent move—was the breakout a fakeout, or the setup for something bigger? After a parabolic run, both gold and silver saw sharp reversals, with gold briefly testing its 200-day moving average and silver correcting roughly 50%. They argue the selloff was driven more by margin calls and forced deleveraging than any real change in fundamentals. The bigger picture still leans bullish. Silver remains in a multi-year structural deficit, with most supply coming as a by-product, while physical demand—especially from Asia—stays strong. They also touch on macro pressure points, including Fed policy constraints, rising debt, and upcoming economic data that could shift market direction. Key levels to watch include GDX and GDXJ around their 200-day and 18-week moving averages, with GDX near 95 as a signal for a potential bottom. The conversation ties it all together: extreme volatility now, but a larger move could be right around the corner. Find David here: https://www.juniorminerjunky.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

This interview was recorded live, and it begins mid-conversation as Kerry realizes they're already on air—before diving straight into the real story. Kerry sits down with Craig Hemke to break down the recent gold and silver selloff—and why it may be misleading the market. After a strong run through February, both metals reversed sharply as rate expectations rose, the dollar strengthened, and sovereign selling added pressure. Craig explains why the Fed is likely to prioritize growth over inflation, setting the stage for more money creation and long-term dollar weakness. That shift, he argues, could be the real driver behind gold's next major move. They also dig into silver's evolving role as both an industrial metal and a monetary asset, along with deeper structural issues like derivatives, leverage, and the gold-silver ratio. From Chinese export controls to unusually low COMEX open interest, this wasn't a typical spike—and it may signal something bigger. The conversation wraps with a look at physical demand, central bank buying, and new mechanisms pulling supply off the market, all while algorithmic trading and technical levels continue to shape short-term price action. What looks like a breakdown… may actually be the setup. Find Craig here: https://www.tfmetalsreport.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this interview, Kerry Lutz speaks with Bill Walton about the rapidly escalating conflict involving the U.S., Israel, and Iran—and the high-stakes decisions driving it. Walton reveals how Israeli intelligence penetrated Iran's surveillance systems and why the timing of recent operations may have created a rare opportunity to target the regime's leadership. The discussion explores how those moves may be pulling the U.S. deeper into a widening conflict. They also break down the political divide at home, questioning whether opposition stems from anti-war principles or resistance to executive action without Congress—and how libertarians and Trump critics are reacting. The conversation then turns to risk. Iran's ability to strike asymmetrically, threaten critical infrastructure, and prolong the fight raises serious concerns, even as recent U.S. actions may have weakened its military capacity. With no clear path to regime change, the focus shifts to what comes next: negotiation, escalation, or a prolonged and dangerous standoff. Find Bill here:  https://billwaltonshow.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5  

In this episode, Kerry Lutz talks with Patrick Mueller about how recent central bank policy, commodity swings, and geopolitical tensions are shaping inflation and safe-haven assets. They discuss the Fed's slow pace on rate cuts — now likely pushed into the fall — and what that means for markets. The conversation then turns to precious metals: Kerry and Patrick describe recent gold and silver pullbacks as normal corrections after a strong rally, noting renewed interest is expected as industrial demand and global uncertainty persist. They also examine how soaring oil prices and disruptions to shipping routes are feeding through to consumer inflation, and review U.S. foreign policy moves in Panama, Venezuela, and Cuba, plus the pressure on China and shifting alliances that could reshape global energy flows. Find Patrick here:  https://bellaadvisors.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Markets are under pressure, and cracks are starting to show. In this live discussion, Kerry Lutz and Adam Taggart dive into the forces quietly stressing the system—from soaring oil prices to hidden strains in private credit. Mid‑sized "zombie" firms may be most at risk, and opaque securitization practices are leaking risk into public markets. They break down precious metals, debating whether silver's sharp moves undermine the long-term bullish case. Adam argues that unprecedented physical demand, central bank purchases, and industrial needs set this cycle apart from 1980 and 2011, while also highlighting selective entry opportunities amid volatility. The conversation closes on AI, where rapid deployment across government and industry is exposing inefficiencies and threatening white-collar jobs faster than repurposing paths can catch up. Listeners get a clear picture of the intersecting risks shaping markets today—and why the system may be more fragile than it appears. Tune in to see why these forces could shake markets—and what you can do now. Find Adam here: https://thoughtfulmoney.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this episode, Kerry Lutz sits down with retirement expert Joe Schmitz, who introduces his niche client segment he calls the "2% Club", and reveals the hidden rules his top clients follow — retirees who have both a pension and $1 million or more in savings. The name reflects the intersection of fewer than 20% of retirees holding pensions and fewer than 10% reaching millionaire status. Typical members include retired military, federal and state employees, police officers, and firefighters. Schmitz explores the unique planning challenges this cohort faces, from pressures on public pension systems due to increased life expectancy to concerns about pension solvency. He highlights practical strategies such as electing lump-sum pension payouts when available and tax-aware planning. He also provides insights into the mindset of his clients, describing them as diligent, frugal savers often hesitant to increase spending, and points listeners to additional resources including PeakRetirementPlanning.com, his book Midwestern Millionaire, and other related tax-planning tools. This discussion offers valuable guidance for high-net-worth retirees and those approaching retirement who want to protect their savings and make informed decisions in a changing financial landscape. Find Joe here: https://peakretirementplanning.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and Jim Welsh discuss how sustained high oil prices could impact the global economy, noting that the duration of elevated prices matters far more than short-term spikes. They examine recent market reactions to oil moves, regional supply risks such as Qatar's natural gas force majeure, and why stronger U.S. production today may provide more economic insulation than during the 2008 energy shock. The conversation also places current energy prices in historical context, explaining why a true 1970s-style crisis would require dramatically higher oil prices. They then turn to precious metals, where Jim outlines gold's recent parabolic rally and sharp correction. While the pullback may continue in the short term, he believes it could ultimately set the stage for the next leg higher in the longer-term bull market. The discussion closes with a look at AI and market structure risks. Massive hyperscale spending on artificial intelligence is expected to boost GDP this year, but it may also distort market psychology and push equity valuations higher than fundamentals justify. At the same time, that spending could reduce corporate buybacks as companies redirect cash flow toward AI infrastructure. With technical cracks appearing in the S&P, the group notes that downside risks for equities may be building. Find Jim here: https://www.macrotides.com/ Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5  

In this episode, Kerry Lutz talks with Matthew Tuttle as he shares his contrarian investing philosophy and explains why traditional hedges often fail. They discuss how human emotion, AI, and ubiquitous data are reshaping markets, and outline real ways investors can protect their portfolios. Tuttle also previews his new "no-bleed" tail-risk ETF, ONO, and other innovative ETFs coming soon. Find Matthew here: https://www.tuttlecap.com/ Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this episode, Kerry Lutz chats with Charles Nenner about the return of long-term war cycles and rising global tensions. They break down the Russia–Ukraine conflict, NATO's role, and historical promises to the Soviets, while warning the war could persist unless stances change. Nenner also flags China–Taiwan as the next major flashpoint and outlines the tough choices the U.S. may face around intervention. Markets are next on the radar. Nenner explains why cycles often drive price moves more than headlines, predicts a major downturn around 2026, and highlights potential rebounds in gold and energy. He also discusses short-term weakness in precious metals, a potential bottom in natural gas, and the broader risks of overvalued markets. Along the way, they touch on media influence, AI analysis errors, and personal experiences that underscore just how unpredictable these times can be. It's a high-stakes look at what's coming — for the world and your portfolio. Find Charles here: https://charlesnenner.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this interview, Kerry Lutz speaks with Mark J. Quann about recent market performance and why US stocks have lagged global markets despite what he views as a still-strong economy. He points to rising wages and increasing energy independence as key factors supporting long-term growth. Quann outlines the "buy, borrow, die" strategy — a tax-focused approach built on owning assets like stocks, ETFs, real estate, crypto, life insurance, and precious metals. Instead of selling assets and triggering taxes, he explains how borrowing against a portfolio can provide access to cash while keeping investments intact. He also shares practical steps for getting started, including small automated contributions and using margin loans through platforms like M1 Finance. Covered-call and commodity ETFs are discussed as potential income and inflation hedges, along with the long-term tax advantages of holding appreciating assets. Find Mark here: https://www.theperfectportfolio.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this interview, Kerry Lutz speaks with Rick Rule about why he sold 80% of his physical silver — and why the move isn't bearish. Rick explains that once silver stopped being a "hated" asset, the opportunity changed, leading him to redeploy capital into high-quality silver equities with strong upside if prices remain steady. Rick discusses the nature of precious metals bull markets, where sharp rallies are often followed by steep corrections. He explains why volatility shakes out unprepared investors and why popular silver narratives — including claims about large shorts like JPMorgan Chase — often distract from the basic arithmetic that ultimately drives markets. The conversation also looks at the bigger monetary picture. Rick believes the U.S. dollar could lose significant purchasing power over the next decade, with conditions similar to the 1970s. Precious metals may continue to appreciate over time, but investors should expect a volatile path with multiple corrections along the way. Rick also introduces the upcoming Living the Silver-Backed Lifestyle Report, which focuses on measuring purchasing power instead of price — showing what silver has bought in the past, what it buys today, and how precious metals have helped preserve wealth through inflationary cycles. Find Rick here: https://www.ruleinvestmentmedia.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this interview, Kerry Lutz speaks with Michael Pento about how liquidity may already be expanding by as much as $20 billion per week, quietly pushing the Federal Reserve's balance sheet back toward $7 trillion — despite continued claims of tight policy. He warns that the next recession could bring massive deficits in the $4–6 trillion range, potentially forcing the Fed to become the primary buyer of U.S. debt once again. If that happens, inflation may not be accidental — it could be the result of outright monetization. Pento also points to historically extreme valuations in stocks and housing, suggesting markets may need a significant reset to return to long-term norms. He believes gold remains in a long-term bull market and could accelerate higher as recession pressures mount and monetary expansion increases. Pento outlines a defensive approach that includes holding physical gold, adjusting liquidity as conditions change, and watching credit markets for early signs of stress. These long-term cycles are explored in The Armstrong Economic Code— and understanding them may help investors prepare for what comes next. Find Michael here: https://pentoport.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Gold is testing the $5,000 barrier — and the charts are flashing warning signs. Kerry Lutz and Jerry Robinson dive into gold and silver as markets test extreme levels. A rising 50-day moving average offers support, but long weekly wicks show momentum could be slowing. Will it break through, or pause first? Speculation around Kevin Warsh and shifting Fed expectations may be driving the pullback. If the hawkish premium fades, rates could ease — and gold reacts. Silver just went vertical — then crashed back. Volatility is insane. Yet the fundamentals remain rock-solid: industrial demand from solar and data centers is still building. The lesson is clear: don't panic. Diversify. Dollar-cost average. See spikes as opportunity, not fear. Strategy also matters. Substack is winning over WordPress for publishing, mailing, and monetization. Kerry shares early paid-subscriber traction, teases Living the Silverback Lifestyle, and outlines a new parking-enforcement book paired with litigation and a public campaign under the National Association of American Defrauded Parkers. Markets are wild. Policy is shifting. Psychology is stretched. Smart investors stay steady — and strike when others hesitate. Find Jerry here: https://followthemoney.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5  

Mortgage rates tripled. The crash never came. In this Episode Kerry Lutz and Jason Hartman break down why U.S. housing didn't collapse when borrowing costs exploded. Nearly 25% of homeowners hold mortgages at or below 3%. About 65% are at 4% or less. That "lock-in effect" crushed supply and froze mobility. Fewer than 800,000 homes are listed nationwide — under 0.6% of America's 140 million housing units. Owners won't give up cheap debt. Inventory stays tight. Hartman believes this imbalance could persist into 2032–2033. Scarcity and utility continue driving prices — even after the rate shock. The conversation then shifts to immigration and rental housing. Hartman argues most undocumented migrants occupy lower-tier rentals, meaning enforcement shifts would likely hit C-class properties first. They also discuss Sun Belt migration trends and investor tools like PropertyTracker and Empowered Investor for sourcing income-producing properties. If you've been waiting for a housing crash, Kerry and Jason explain why it hasn't happened — and what could finally change the equation. Find Jason here: https://www.jasonhartman.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

In this conversation, Kerry Lutz is joined by Josh Hammer to break down why immigration enforcement has quietly reshaped crime trends, voter behavior, and the political landscape — often in ways the media refuses to acknowledge. They examine how Trump's enforcement-first messaging changed the national conversation, contributed to declining crime rates, and helped drive unexpected voter shifts, including among Hispanic voters in key states like Texas and Florida. Josh explains why open-border policies clash with a large welfare state, how cultural assimilation and enforcement intersect, and why past GOP immigration strategies failed where Trump's approach succeeded. The discussion also explores foreign policy, public safety, and state vs. federal authority, challenging the narratives shaping today's political debate — and why the voter shift may only be getting started. Find Josh here: https://x.com/josh_hammer Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Gold and silver just made a violent move — and it wasn't random. Kerry Lutz sits down with Edward Siddell to break down the parabolic surge, the sharp pullback, and what it really signals beneath the surface. Siddell explains how panic buying, inflation pressure, and volume spikes collided in the metals markets — and why the pullback wasn't weakness, but a warning. At the center of the move: central banks. Siddell outlines why gold reserves are rising as U.S. Treasuries quietly lose favor, and how growing debt levels increase long-term dollar risk. The conversation turns to silver, where supply constraints, historical ratios, and rising industrial demand — including AI and data centers — are setting the stage for outsized moves. Siddell closes with his 12–24 month outlook for gold and silver and what to watch as markets head toward a potentially volatile 2026. Find Ed here:  https://EGSIFinancial.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Inflation is breaking more than wallets — it's breaking credit, and the damage is spreading fast. Kerry Lutz and Paul Oster break down the growing stress on consumer finances as post-holiday debt collides with stubborn inflation and a weakening job market. Rising credit card and auto delinquencies signal that many households are running out of financial breathing room. Paul warns that Buy Now, Pay Later programs — especially when used for essentials like rent — are quietly damaging credit scores, particularly among younger consumers. He draws parallels to the student loan crisis, where roughly 25% of borrowers remain in long-term delinquency or default, underscoring a broader lack of financial planning. As everyday costs rise, even small credit missteps can sharply lower credit scores. Once scores fall below roughly 700, borrowing costs increase and mortgage access can disappear altogether. Kerry and Paul stress proactive credit monitoring, discipline, and planning as key defenses when life events like job loss or health issues strike.

Kerry Lutz and David Stryzewski explain why silver is being forced into a new pricing regime as industrial demand accelerates. David outlines how AI, solar, and advanced technologies are driving a structural shift in silver demand, pushing prices sharply higher while the silver-to-gold ratio remains deeply distorted. Kerry highlights growing supply pressures tied to geopolitics, including export restrictions from China and Venezuela and the strategic importance of mineral-rich resource corridors. The discussion widens to systemic risks, from Federal Reserve policy and commercial real estate refinancing to a national debt nearing $40 trillion. David stresses the importance of strong balance sheets as the system comes under strain. The episode closes with a look at blockchain, AI, and emerging opportunities forming as silver and hard assets reprice the system. Find David here: http://myspg.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Gold and silver were hit hard, sentiment flipped fast, and confusion followed almost immediately. When volatility spikes, most commentary explains what happened. This conversation explains why. Kerry Lutz speaks with legendary forecaster Martin Armstrong about the forces behind the sudden move in gold and silver, separating real market mechanics from narrative noise and placing the action within its broader cycle context. Armstrong explains the role of positioning, short covering, and confidence — and why the decline was not driven by a breakdown in long-term fundamentals. The discussion then moves into deeper territory: structural weaknesses in the global metals market, stress in physical supply chains, pressure on refiners and wholesalers, and what could happen if paper markets begin to lose credibility. They also examine how geopolitics, currencies, and bond markets could trigger sharp price moves — and when Armstrong believes the next leg higher may begin. This is system-level analysis, not headline speculation. Find Martin here: https://www.armstrongeconomics.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz sits down with precious metals analyst David Erfle to break down the latest moves in silver and gold, and why recent price action is being driven by structural forces rather than short-term speculation. They trace decades of paper-market intervention — from 1960s silver controls to the Hunt Brothers episode — explaining how regulatory and exchange actions have repeatedly distorted price discovery. This time, however, physical shortages are forcing a widening disconnect between paper prices and real-world supply. The discussion ties precious metals strength to a sovereign debt spiral, currency devaluation, and shifting institutional demand, while also covering refinery inventory stress, margin hikes, intraday reversals, and their impact on mining equities. David explains why he has capped subscriptions to his newsletter due to liquidity risks in junior miners and shares candid views on select opportunities and flawed capital structures. Find David here: https://JuniorMinerJunky.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and Bruce de Torres call out California's $20+ minimum wage for crushing small businesses, accelerating closures, and wiping out jobs — while large corporations adapt and smaller operators are left with no escape route. Bruce explains why the minimum wage fight is only a symptom of decades of failed policy and education, and how those pressures have steadily marginalized independent businesses across the country. The conversation then shifts to federal procurement, where Bruce exposes how the Small Business Administration consistently falls short of its 23% contracting goal, allowing large firms to capture work meant to create jobs through small businesses. Find Bruce here: https://asbl.com and here: https://www.dontcheatwomen.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5  

Trump's rhetoric is shaking headlines — and driving markets higher. Kerry Lutz and Dale explain why extreme political positioning can translate into real upside for investors. The AI boom remains the engine. As profitability comes into focus, both see the S&P 500 and NASDAQ pushing toward new highs if Trump's economic vision begins to take shape. Gold and silver are flashing warning signs. Rising prices reflect global instability and growing demand, with Kerry cautioning that government intervention becomes more likely as metals climb. Geopolitical pressure is building. Russia and China continue challenging the dollar's dominance, while the U.S. accelerates its push toward domestic self-sufficiency. Looking ahead, Dale sees AI as truly transformative, with clearer winners emerging by 2026. Discipline and timing may matter more than ever as opportunities expand. Find Dale here: https://rdsmotherswealth.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz and Jim Welsh dig into why the U.S. economy looks stable on the surface, with growth near 2.5%, but may be far less balanced underneath. Jim warns that government spending is masking a widening divide, where the top 10% of earners drive consumption while lower-income households feel increasing pressure. Despite recent market weakness, Jim notes that internal indicators like the advance-decline line remain firm, historically limiting the depth of market corrections. This helps explain why markets continue to hold together even as risks quietly build. They also discuss President Trump's global negotiating strategy, including Greenland, and how climate change is reshaping geopolitical priorities. Both agree Trump's provocative rhetoric is often calculated and effective. Jim closes with insights on the dollar's recent decline, suggesting crowded short positions could fuel a rally. He expects gold and silver pullbacks before rebounding, cautions against long-term bonds at current prices, and anticipates rising volatility as money rotates across markets and political pressure builds ahead of midterm elections. Find Jim here: https://www.macrotides.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Silver prices are surging as a multi-year supply deficit collides with shrinking above-ground inventories. Rob Kientz explains why years of underproduction, rising mining costs, and long development timelines are creating a physical silver squeeze that's becoming impossible to ignore. Despite higher prices, U.S. retail investors remain largely disengaged, distracted by tech stocks and crypto. Meanwhile, governments and institutional buyers are quietly positioning for shortages, even as some individuals are forced to sell precious metals out of financial necessity — a pressure that hasn't slowed silver's upward trend. Kientz breaks down the growing disconnect between paper markets and physical demand, arguing that silver could follow gold's trajectory if the gold-to-silver ratio continues to narrow. He also explores the historical role of silver coinage and the U.S. Mint's production challenges as profit priorities shift away from bullion. Looking ahead, Kientz outlines why silver prices could reach $150 by 2026, while cautioning listeners about volatility, market corrections, and the importance of disciplined strategies like dollar-cost averaging — especially for those focused on owning physical metal. Find Robert here:  Robert Kientz Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Markets are sending shockwaves: silver soars while Bitcoin stumbles under pressure. Kerry Lutz and Dan Novaes break down a market in upheaval, explaining what's driving the divergence and why it matters for anyone holding wealth today. Dan exposes the forces behind crypto's shakeups — from drawdowns and regulatory shifts to corporate treasuries quietly stacking Bitcoin. He explains why volatility is normal, long-term trends still matter, and how millennials are redefining what "safe haven" really means. The discussion also dives into gold, Ethereum, and smart crypto strategies, including ETFs, dollar-cost averaging, and avoiding beginner traps. They close with a hard look at security: why keeping assets on exchanges is risky, and how offline storage and proper planning can protect serious holdings. Find Dan here: https://www.modemobile.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Silver is no longer just a precious metal — it may be becoming a strategic necessity. Kerry Lutz sits down with silver expert Michael Arries to break down why silver demand is accelerating, driven by electronics, AI, and critical industrial use. With sustained physical buying pressure, Michael explains why traditional paper market manipulation is losing its grip. As supply tightens, the conversation turns serious. Michael warns that future government and national defense actions could dramatically impact availability, limiting investor access just as demand surges. He outlines a bold price outlook, suggesting silver could reach $200–$300, while also sharing why trading some silver for gold may be a smart way to lock in gains amid rising volatility. Kerry echoes the urgency, cautioning that opportunities like this may not last if government intervention steps in. This is a timely conversation for investors trying to stay ahead of what could be a historic shift in the silver market. Find Michael here: http://www.mcalvany.com/ Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Gerald Celente joins Kerry Lutz to break down the accelerating economic and geopolitical crisis unfolding worldwide. As governments prioritize military spending during economic downturns, Celente warns that consumers — not economies — are being sacrificed. Gold and silver are surging as safe-haven assets, signaling rising fear beneath the surface. The Trends Research team argues this shift reflects growing expectations of a much larger global conflict. The discussion covers Europe's leadership failures, U.S. foreign policy, and escalating tensions in Ukraine, Israel, and Iran, exposing the widening gap between peace rhetoric and military reality. They also examine Gen Z's political awakening, growing disillusionment, and pushback against an expanding "nanny state" as opportunities shrink and debt piles up. Find Gerald here: https://trendsjournal.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5

Mark Shaw takes listeners deep into the dark, hidden side of history, exposing how power, organized crime, and corruption shaped the fates of JFK, RFK, and those who dared to uncover the truth. From his days as a criminal defense lawyer to becoming a bestselling author, Shaw reveals shocking FBI files, mafia confessions, and the untold story of journalist Dorothy Kilgallen—whose fearless investigation into the JFK assassination may have cost her life. Shaw uncovers patterns of manipulation, overlooked evidence, and dangerous cover-ups, arguing that Sirhan Sirhan was a pawn in a larger conspiracy. This conversation challenges everything you thought you knew about history, showing why independent research is crucial and how the echoes of these deadly lies still matter today. Find Mark here: https://markshawbooks.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe    Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon!  Get your copy here:   https://a.co/d/bvYbZOz  "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5