When this bubble bursts there will be hell to pay, plus a look at how to protect yourself.
The post When This Bubble Bursts There Will Be Hell To Pay, Plus A Look At How To Protect Yourself appeared first on King World News.
People across the globe are struggling with the curse of inflation, and soon they will witness the rise of gold.
The post The Curse Of Inflation And The Rise Of Gold appeared first on King World News.
from Kerry Lutz's Financial Survival Network
Are you looking to dive into the housing market? If so, mortgage expert Debbie Bloyd advises you to buy now, as rates could go up more in the next year. Currently we are seeing more people buying at increased rates—surpassing asking prices. As families and the lives of many are changing, the housing market is changing as well. It’s time to get informed on what you need to do in order to enter the market and find what you’re looking for. Tune in to get useful pointers from an expert on what is happening in the industry, and what we can expect in the next few months.
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Hurricane Ida barrelled into the Louisiana coast on Aug. 29, bringing 150 mph (230 kph) wind gusts, torrential rain, and widespread power outages to New Orleans and the surrounding region. It also brought all shipping traffic through the mouth of the Mississippi River to a grinding halt, snarling supply chains at the start of a crucial period for US grain exports.
The US Coast Guard closed the Mississippi to barge traffic ahead of the storm on Aug. 28, and the New Orleans International Airport shut down passenger and cargo traffic on Aug. 29. The Port of New Orleans closed its container shipping terminals on Aug. 30 and stopped all “breakbulk operations,” which refers to moving cargo from large ocean freighters to smaller barges for transport up the Mississippi River.
OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference.
Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of the quickest meetings in recent memory and a stark contrast to the drawn-out negotiations seen in July.
The Danish nuclear reactor company Seaborg Technologies is currently completing important experiments in collaboration with both experts from Neutron and Muon Source (ISIS) at Oxford (UK) and European Spallation Source (ESS) research centre in Lund in Sweden. The goal is to understand how neutrons in modern reactors behave. The new knowledge should allow Seaborg to optimise their reactor design. The company is aiming for 2025 for having its first reactor online. Seaborg is developing compact thorium-based Molten Salt Reactors (MSRs).
To reiterate my basic position, I think we face a future of high climate, water and land/soil stress, lower energy and capital availability, and socioeconomic/political turbulence and contraction. In these circumstances, I think farm societies will emerge that are strongly based on smallholder households devoting much or most of their attention to the intensive cultivation of small land areas for meeting their own food and fibre needs.
Madagascar is being hit by one of the modern world’s first climate change-induced famines—a disaster that underscores the profound unfairness of a planet heated up by carbon emissions.
The famine, caused by a devastating, four-year drought, is placing at least 30,000 people in the most extreme stage of food insecurity: a level five famine, as defined by the World Food Programme (WFP). At least 1.1 million are in some kind of severe food insecurity, the United Nations has said. “People have had to resort to desperate survival measures, such as eating locusts, raw red cactus fruits, or wild leaves,” Amer Daoudi, a senior director at WFP, told the UN earlier this year.
FDA has denied a request by a U.S. senator to hold a hearing regarding an ingredient widely sold in dietary supplements.
U.S. Sen. Michael Lee (R-Utah) requested FDA schedule a public hearing to clarify its position on the use of N-acetyl-L-cysteine (NAC) in supplements.
The post Daily Digest 9/2 — Hurricane Ida Shows Fragility of Agricultural Supply Chains; OPEC+ Agrees to Stick to Existing Oil Output Hikes… appeared first on Peak Prosperity.
from Kerry Lutz's Financial Survival Network
It’s an exciting time for our sponsor Aurcana Silver (Tickers – OTCQX: AUNFF – TSX.V: AUN) and it’s CEO Kevin Drover, as well as its shareholders (including us). For the first time in ages, a new American silver mine has started producing silver. It’s been a challenge, but they’ve beaten the odds. Drover expects positive cash flow starting in October. Initial expectations are for approximately 270 tons per day of rock going through the mill and then rising soon to 500 tons per day. Due to inflation, cost per ounce is somewhat above the original estimate of $8, however the initial ore grades are coming in much higher than expected. If it continues this way, annual mine production and profit could increase substantially.
Getting the Texas based Shafter mine into production is next on Drover’s list. When all is said and done, Aurcana could eventually be producing 8-9 million silver ounces per year, which would put it firmly in the mid-tier producer camp. He’s also exploring a nearby acquisition candidate that includes another 500 ton per day mill. It’s just a short distance from the now producing Revenue Virginius mine.
The company has made the transition to silver production. Now it’s a matter of leveraging its current position to make sound acquisitions and to get the Shafter mine working. Aurcana’s future has never looked brighter.
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In this roundtable discussion three full-time, self-supporting investors/traders share their paths to independence and success. Listen to Brian Leni of JuniorStockReview.com who left his engineering career behind in 2016 after he took 2/3 of his home’s equity and tripled it via junior mining stocks. Hear from Alan Rizer, a trader/investor based out of Puerto Rico, who after years of working for a trading firm launched out on his own in 2018 and has been successfully investing and trading on his own since then. Learn from Michael Queller, a trader based out of Miami, who went full-time as a self-directed trader in 2018 after working for a trading firm since 2004. All three gentlemen share their stories which are seasoned with sage advice and pertinent warnings to aspiring full-time investors or traders.
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Brian Leni’s website: http://www.juniorstockreview.com/
Alan’s Twitter: https://twitter.com/Algarete_PR
Michael’s Linkedin: https://www.linkedin.com/in/michael-queller-000b1120
from Kerry Lutz's Financial Survival Network
Mickey Fulp returns… For the month of August, the stock market was generally up with dips in a few areas. Dow was up 1.2% 35361 and S&P 500 added 2.9% to 4523, Nasdaq was up 4.7%. Russell 2000 was up 2.1% to 2273, TSX added 1.5%, and TSX.V slammed for 3.1% decline. VIX dropped to 16.5. The Dollar went up 0.5% to 92.66 and the Euro went down 0.5%. 10 Year yield went up 4% to 1.3. Bitcoin recovered 13.5% to 46957. Gold stayed right at 1814. Silver was off 6.1% to 23.9. Pt off 3.4% to 1008. Pd was down 7.4% for the month to 2406. Copper rose 4.29% to $4.29. WTI down 7% to 68.50. Brent down 4.2% to 72.88. Natgas shot up again adding 7.9% to bring it to 4.38. Uranium rose 6.8% to $34.63, again extending the up trend. Ratios: Au:Ag rose to 75.9, Pt:Au .56, Pt:Pd .42. BRT:WTI 1.06, WTI:HH 15.6, and AU:WTI 26.5.
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Look at these fascinating charts of gold, silver, the Nasdaq and real estate.
The post Look At These Fascinating Charts Of Gold, Silver, The Nasdaq And Real Estate appeared first on King World News.
from Kerry Lutz's Financial Survival Network
In the mining industry, it takes a solid vision and drive to revisit and revive an abandoned project. Stephen Stewart, CEO of QC Copper and Gold (Tickers : OTCQB : QCCUF – TSXV : QCCU) joined us to discuss the latest developments at the company’s Opemiska Copper Mine Complex, and why the project is on the fast track to success. Production ended back in 1991, as the copper price made it uneconomical to continue. Now, higher copper and gold prices along with new technology is breathing new life into Opemiska. In one drill hole alone, QC found 18 g/t gold over 9 meters and 100 meters of .5% copper eq. Stephen expressed surprise at the gold discovery, since the project had never produced gold at this grade before.
He is confident that production could begin during the current bull market cycle that has seen copper hitting all time highs. (currently trading at US $4.32). Capex will be low compared to comparable new projects. The onsite infrastructure is quite good, with an onsite power station and close by access to highway and rail.
All things considered, Stephen’s business model of using the latest technology to revive and eventually reopen shuttered mines is set to pay big dividends.
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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.
Today:
1. This is the first day of September. Markets are trading mixed to start the day. Often, the markets will see some money come in to begin the month. At this time, I simply expect light volume into the end of the week as we go into the Labor Day holiday.
2. The ADP private payroll report was released earlier today. They reported just 374K new jobs, This was a big miss as the expectation was for 600K. This Friday, the BLS will report the non-farm payroll report for August. We shall see how the market reacts to the number. Generally, a hot number will spark the taper talk up by the Federal Reserve. As you know by now, I only care about the market’s reaction to the news.
3. Silver is showing better strength than gold today. Silver staged a strong move on August 28th and we are starting to see it rally higher today after a two day pause. I expect more near term upside for the metal. (Full disclosure: I own SLV shares)
4. Bitcoin hodling steady.
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from Kerry Lutz's Financial Survival Network
How do you get your digitally marketed business to stand out amongst thousands of others? Today, Kris Reid comes on the podcast to give us some strategies that utilize web dynamics and SEO optimization—ensuring your website will take off with the right approach. It is crucial to choose your market audience widely, and identify a valuable niche that makes your services stand out. Tune in today to get indispensable advice from Reid about marketing in the digital age, and how you can utilize these tools more effectively.
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Here is a look at a mega-trend of the future, plus the key to the gold bull market.
The post Here Is A Look At A Future Mega-Trend! Plus The Key To The Gold Bull Market appeared first on King World News.
During COVID, almost all kids were homeschooled. After trying it out, a lot of parents decided not to send their kids back to public or even private schools. With many parents still working from home and sometimes setting more of their schedule, homeschooling is a more realistic possibility for many families than it once was.
Socialization may take more effort if kids are homeschooled, but there is no reason to assume that kids who don’t attend public school are missing out. Homeschool kids can still play Little League sports, attend various clubs, etc. There are homeschool groups that meet up for events too. I also have to point out that the type of socialization that many kids experience in public school is not necessarily healthy. Some kids have a harder time socializing in a school setting than they do in their community.
There was a time when homeschooling was not looked at as kindly by some colleges. I would say those days are over. Even back in 2001, when I started college, a lot of schools were fine with homeschoolers. I wrote a good essay showing how I spent my time running a small farm business and working in town while completing my studies. I received a lot of scholarships and grants that allowed me to attend a private 4-year college. It would not have been affordable otherwise. I did have to take the ACT and achieve a minimum score as well. Back then, everyone had to take the SAT or ACT.
I do think it is a good idea if you are homeschooled to go the extra mile and show that you are doing more than just completing some school work. This shows initiative and helps dispel any lingering doubts that a few institutions may still harbor.
Also, remember that a lot of colleges are actually in financial trouble or having a hard time filling classrooms, so they cannot afford to be as picky as they once were.
You are capable. In many states, the main requirement is that the parent must have at least a high school diploma or equivalent. Homeschooling does take some time out of your day, but remember that if your child likes to work independently, it may not be as much time as you think. There are so many good educational tools out there that parents have easy access to. Homeschooling used to be a lot harder, more expensive, and take even more planning. A lot of parents don’t realize just how much it has changed and improved.
Photo by Jessica Lewis on Unsplash
I was homeschooled from 7th-12th grade. Honestly, the reason for this was that school was getting to be cumbersome and tedious for me. The drama of bullies and cliques was tiring at best. Public school is not a place where kids can excel without facing the consequences. It is a lot easier to take a C grade than do better and get hassled for it. Although I enjoyed learning, it seemed like a lot of my time was being wasted. Running from one classroom to the next, having to wait to do things because someone was acting out, being forced to watch health videos about things we already knew, and setting through lessons on topics I had already study on my own.
By the time I was 16, I had moved to the mountains of North Carolina with my Dad. I was living on the old family land. This is where my homeschool experience really took a turn for the better. I started out my farm business with one $20 nanny goat and saved my Christmas money up to purchase a male Great Pyrenees puppy. With some help from my Dad and Uncle, I fenced off a few acres for my goats. By the time I went to college at 18, I managed 8-10 nanny goats and raised my first litter of Great Pyrenees puppies. I also worked various fast food jobs in town and helped my Dad and Uncle with other farm work like putting up hay, raising a lot of chickens, and helping out with the cattle herd.
I read a lot of classic books to supplement the through the mail curriculum that I completed for my high school diploma.
My college essay came complete with photos of my farm projects. The admissions office people said they passed my essay around. My work experience while homeschooled played a large role in my getting into my first choice college and gaining some scholarships and financial aid that made it possible for me to attend a private college that cost a lot more than the family income per year.
My farm projects helped pay for my books some semesters. In 2001, $400 per semester seemed like a lot of money for books, so anything I could do to help take the bite out of that made a big difference.
There is no room in large public and private schools for kids to be allowed a customized learning experience that considers their strengths and weaknesses.
I don’t buy into the idea that everyone is the same. People are good at or at least more interested in different things. This is good. We need people that have different skills and interests to make the world a decent place to live.
The time spent transporting kids to and from school really adds up. Bus rides for kids in rural areas can add up to hours per day.
Transportation to public and private schools can take a long time. It took 30 minutes to get to my school.
Below are just a few of the ready-to-use homeschool curriculums out there. I have made a note below each link to let you know in advance if a curriculum is Christian-based or Secular so you can more easily decide which are of interest to your family.
Photo by Joshua Hoehne on Unsplash
Curriculums are free to use unless otherwise noted. Most sites do kindly ask for donations to pay for necessary expenses.
Christian Based
This homeschool program came into creation via Lee Giles. In 2011 she started putting her children’s homeschool assignments online so they could work independently. The curriculum includes 180 days’ worth of assignments for each grade level.
The link above will take you to the main site for grades K-8. If you are interested in high school-level assignments, here is the link.
Although Easy Peasy is 100% free, the site does take donations to cover operating costs.
Khan Academy is a not-for-profit online homeschool that offers many course options for students from Kindergarten through 12th grade. They do politely ask you to donate $10 per month to cover operation costs, but there is no obligation to do so. They even offer AP courses for high schoolers.
This site offers free online public homeschool programs taught by state-certified teachers.
K12 also offers some private programs that require tuition. Summer school and stand-alone course offerings are also available.
Even if you choose to use another homeschool program, it may be worth it to check out K12 and take advantage of their extensive online free library that includes more than 21,000 ebooks!
If you would like a curriculum based heavily on science and math, you should consider CK12. This site is free to use but appreciates donations of any amount. They do offer some common core courses if you want to go that route. I am not familiar with common core since I have never had a kid in public school.
This is a great program for ages 2-8. They also offer Adventure Academy for ages 8-13. For a mere $10 per month, you get access to 850 lessons that teach language arts, math, science, and more. The comprehensive learning to reach system is highly rated by parents.
At the time of this writing, you can get a full year of ABCMouse for $60.
While there may be mandatory tests that kids have to pass in your state, the rest is up to you. It is possible to design your own curriculum using a variety of materials. Consider the following materials:
In school, they always stressed that kids not write in books. For homeschooling, I can see the value in getting inexpensive copies of books and allowing kids to highlight or write in the margins when they have a thought. Of course, they can use a separate notebook, but you may find that they are more likely to take note of something if they can just use the book in front of them. Thriftbooks, Better World Books, and eBay are all great sources for used books.
E-readers have a feature that allows for highlighting and note-taking. Sometimes an electronic version makes sense, especially when a lot of the classics are available for free. Your local public library likely has a digital book lending service available too. Libraries often offer access to digital archives and research tools that are great for homeschool use.
Sure, you can design your own worksheets and print them off at home, or you can use a service that gives you access to thousands of worksheets on almost any subject. Some sites offer free printables, while others charge a fee. A few offer some free sheets but charge a small fee for access to more premium sheets and a much larger selection. Besides that, you just need is the materials to print. With some books and a worksheet subscription, you could design a wonderful core curriculum for your kids. The links below are just a few of the sites that offer thousands of worksheets for a ton of different subjects.
This site features a ton of free printable worksheets that are nicely organized based on subject matter. This is a great resource for every type of worksheet, including coloring and arts and crafts!
I love how well organized this site is. Education.com features more than 30,000 worksheets and online digital resources. Although the basic site is free to use, for $60 per year or $8 per month, you can gain premium access to even more educational games, activities, worksheets, and a progress tracker. I definitely plan on using this site some when my son is old enough!
Although this site offers a complete online curriculum, they also have a ton of printable worksheets that you can use for free no matter what core curriculum you choose.
Books, paper, and electronic learning are great, but kids need some hands-on activities for a well-rounded education. Crafts, cooking, helping build something, etc., are just a few options available. There are many kits and even monthly subscription boxes that send you hands-on educational activities with instructions. Here are a few that I have found:
Kids need outdoor time. If more kids spent some time outside, I am confident that we would see a huge reduction in behavioral issues. Plenty of outdoor activities can be educational and fun at the same time!
Photo by Juliane Liebermann on Unsplash
If you want your child to have the homeschool or small classroom experience but are not sure about teaching them daily, then consider finding some other like-minded parents that want to split teaching duties. You could teach a group of kids on Mondays, for example, while someone from one of the other families could teach on Tuesday. Although it would take some planning, this type of system does have potential. The problem, of course, is work schedules.
Some parents have gone so far as pooling money to hire a teacher to just teach all their kids full time. If ten kids get taught by one teacher, for example, and each parent chips in $500 per month, then suddenly the teacher makes $60K gross per year and only teaches ten kids rather than the 30 they may have at a public school. Not a bad deal for some.
Most states have few rules and restrictions on homeschooling. Here is a link to an interactive map that will show you the homeschooling laws and rules in your state.
Will homeschooling remain an option for parents?
With more and more parents choosing to homeschool, brick-and-mortar public schools are facing some challenges. Funding is often based on enrollment numbers. I would not be surprised to see some people try to make it harder for people to homeschool so that more money flows into the public schools in their area. I know of at least a few schools in my region that have closed because there are simply not enough kids attending for them to remain open.
I cannot help mentioning that some do not like the freedom that homeschooling offers parents. When you teach your child at home, you get to pick and choose what moral lessons and values are taught. You also get to decide what age you talk to your child about some topics. When it comes to subjects like history, so much is ignored. I look forward to teaching my child real history. There are plenty of reprehensible things that happened in the past. Learning about them from different perspectives is good because it helps one not make the same mistakes. Trying to erase history is not helpful.
On July 17, 2021, our son Bailey was born. Matt and I plan on homeschooling our son from K-12. There is so much for him to learn on the farm, and since I work from home full time, it is possible. I cannot in good conscience send my child into a public school environment when I know that I have the time and ability to provide him with an education at home. I know I have years until he is school-age, but I see a lot of parents pulling their kids out of public school due to the heavy amounts of propaganda and teaching of topics that had no place in public schools just a few years ago. The no-tolerance policies have also created an environment where kids cannot defend themselves against bullies without getting into trouble themselves.
I find it unfortunate that so many great teachers are not allowed to teach in a way that is most beneficial to the students. I have known plenty of teachers over the years that were great at what they did but over the years they increasingly had to put aside their own teaching methods and go by a “one size fits all approach”.
I realize that “the system” is set up where working parents have little choice about sending their children to public schools. I cannot think of any good solution for this.
I acknowledge that the more people pull their kids from public schools, the harder it is for the school to do better for the kids that have to keep attending. These are some deep problems that are hard to solve when you have big government agencies calling the shots.
Can you think of any solutions that might work for a country that is divided? Do you think public schools will last, or will all students just complete studies online at whatever person or place is providing childcare?
The post Homeschooling Myths, Realities, and Resources appeared first on Peak Prosperity.
Social Security’s trust funds will become unable to pay full benefits starting in 2034, one year earlier than estimated last year, its trustees projected Tuesday, as the COVID-19 pandemic forces a reassessment of the giant federal program’s finances.
The U.S. government also said Medicare’s hospital insurance fund will be depleted by 2026, or at the same time as predicted in 2020. It issued annual trustees reports on both programs Tuesday.
“The pandemic and its economic impact have had an effect on Social Security’s Trust Funds, and the future course of the pandemic is still uncertain,” said the Social Security Administration’s acting commissioner, Kilolo Kijakazi, in a statement.
Hurricane Ida’s destructive winds are wreaking havoc on a vital export shipping vein, as grain elevators and barge traffics continue to be tangled from the impacts of the hurricane this week.
Monday, reports surfaced that Hurricane Ida damaged a Louisiana grain export elevator owned by Cargill Inc. It was said to have “sustained significant damage.” Ken Erickson, senior vice president of agribusiness with IHS market, focuses on transportation and infrastructure. He says as the destruction continues to surface, it’s apparent that the U.S. export program could run into some serious delays as the area works to recovery from the impacts of Hurricane Ida.
In El Salvador, “chivo” is slang for “cool.” It’s also the name of a new bitcoin wallet app, which president Nayib Bukele plans to launch on Sept. 7, the day the nation becomes the first in the world to adopt bitcoin as one of its national currencies.
But Bukele, the tech-savvy 40-year-old who has made bitcoin adoption happen, ought to know that coolness can’t be forced. In recent days, some citizens and economists who question the wisdom of Bukele’s bold plan are making that much clear with street protests.
Leaded petrol has been eliminated after the world’s last remaining stocks were used up last month, the U.N.’s Environment Programme (UNEP) said on Monday, after heading a 19-year campaign to end use of the poisonous substance that poses major health and environment risks.
Algeria, the only country still pumping leaded petrol into vehicles, exhausted its final stocks in July, UNEP said.
The agency said the petrol contaminates air, soil and drinking water and can cause heart disease, stroke and cancer. Some studies have shown it harms brain development, especially in children.
Information about potential environmental threats caused by Hurricane Ida have been slow in coming, but initial reports to the Coast Guard’s National Response Center and the state Department of Environmental Quality confirm there were releases of crude oil, fuel oils and a variety of chemicals in numerous locations in southeastern Louisiana on the day before and the day of the storm.
The information that’s available is not complete or comprehensive, consisting of initial call-in or emailed reports by company officials or others to the two agencies. They include releases of different chemicals by refineries and chemical plants when flares were extinguished by Ida’s winds, as well as the possible release of sewage and wastewater in numerous locations in Jefferson Parish when power was lost, knocking out 95% of the parish pump stations that move waste through underground pipes.
A growing number of states are rolling out digital credentials commonly known as vaccine passports and taking on an initiative the Biden administration signaled this spring that it would own by issuing nationwide standards.
The rise of the Delta variant and a surge of counterfeit vaccination cards have added urgency to an effort that could speed the reopening of the country but has been a flashpoint for critics on the right, who view use of the credentials for certain activities as government overreach with possible privacy concerns.
The post Daily Digest 9/1 — Logistical Nightmare Unfolds from Hurricane Ida; El Salvador About To Make Bitcoin Legal Tender… appeared first on Peak Prosperity.
from Kerry Lutz's Financial Survival Network
We sat down with Osino Resources’ CEO Heye Daun for a sponsor update. Recent drill results, like those that came before, have been encouraging and the company recently released a highly anticipated updated PEA, showing a pre-tax Net Present Value of $579 million and an after-tax NPV of $377 million (5% discount rate) with a 2.3 year payback and an internal rate of return of 38% (based on $1700 gold).
Daun emphasized that during the current sector downturn, Osino has been focused on execution and delivery. He’s been committed to building a top-notch team, keeping the company well-financed and pushing forward as the company grows and develops. With an aggressive drill program, the Twin Hills Project keeps getting bigger and bigger. This will eventually lead to a large shareholder payday (we own shares).
With its recent upgrade to the OTCQX, Osino should be well positioned to capture more investor attention and a higher valuation once the sector regains favor. And with all that’s going on in the world and increasing financial instability, that should be sooner rather than later. Tune in to hear Heye Daun discuss Osino’s potential.
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