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Speaker 1: So we're going to see a very different world that

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as he you know, is getting his team ready. What's

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pretty amazing though, is that most of his team are

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independently wealthy people that don't need to be here, do

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not need to be doing it, but I think kind

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of feel like they have a calling on their life

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for the moment that we find ourselves in. And so

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what's interesting is if you think about, you know, this

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transition team and what's coming together, I think that they

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are going to have to look at quite a number

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of things. We have a spending that is that is

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out of control right now. You know, when President Trump

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left office, we were sitting at about, oh, I don't know,

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twenty four trillion dollars.

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Speaker 2: You were listening to Carrie. Let's his Financial Survival Network

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else to thrive in today's trying times. You need the

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Financial Survival Network.

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Speaker 1: Now more than ever.

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Speaker 2: Go to Financial Survivalnetwork dot com and get your free

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news letter in gift Financial Survival Network now more than.

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Speaker 3: Ever, And welcome you are listening to and watching the

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Financial Survival Network. I'm your host, Carrie Lutz. Well, elections

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come and go. But the bureaucracy Washington, d C. The

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swamp is forever. Well, what the effect is it going

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to have on the markets, your investments, the dollar, interest rates?

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Going ahead? David Struzowski, well known financial expert with US now, David,

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welcome back. So election came worked out pretty much exactly

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the way I was anticipating. And here we are the

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next day, new sheriff in town.

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Speaker 1: Yeah, we do have a new sheriff. That's I think

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a good way to put it. You know. So because

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of the very drastic difference between the two campaigns and

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the two candidates, you know, it was going to go

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one way if we had a Harris presidency in another

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way if we have a Trump presidency. And what's amazing

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is watching what the markets are doing right now. I

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mean this is this is the stock market is going

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off the off the charts, and the crypto market is

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going through the roof right now. Although metals have have

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have pulled back. This is very positive for oil, This

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is very positive for the United States and UH. And

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ultimately I think that there's a new revaluation UH that's

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going to be coming to various asset classes as we

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continue to progress forward here, uh, into the future, So you.

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Speaker 3: Think it really changes that much, But we still have

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a huge deficit. We've got astronomically increasing debt, geometrically increasing,

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you know, we've got wars breaking out or ready to

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break out all over the place.

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Speaker 1: Uh.

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Speaker 3: Trump the one to bring sanity to what is quite

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obviously an insane world.

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Speaker 1: Well, I think that his track record last time was

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that he neutralized even what was going on in North Korea,

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and he did it with some unconventional ways, including when

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people were even coming over the border from Mexico. He

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did the Remain in Mexico program and said, hey, sorry, Mexico,

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if you keep sending people, we're going to actually just

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cut off our aid to you going forward, and oh

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the flow stopped. So we're going to see a very

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different world that as he you know, is getting his

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team ready. But what's pretty amazing though, is that most

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of his team are independently wealthy people that don't need

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to be here, do not need to be doing it,

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but I think kind of feel like they have a

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calling on their life for the moment that we find

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ourselves in. And so what's interesting is if you think about,

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you know this trains team and what's coming together. I

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think that they are going to have to look at

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quite a number of things. We have a spending that

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is out of control right now. You know, when President

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Trump left office, we were sitting at about, oh, I

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don't know, twenty four trillion dollars. I was concerned about

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it back then. Back it took us two hundred and

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fifty years as a nation to get that money to

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rack up that debt, and since then we've added twelve

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trillion dollars four years. This is a runaway freight train.

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It's got to be stopped. We're at risk right now

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of Moody's, which is the third rating agency, downgrading the

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United States from triple A rated to double A rated

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because of political stalemate and GDP issues. We're at the

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same levels of debt to GDP as we were at

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the end of World War Two, but it seems like

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we're literally at the beginning of a WW three, and

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so we'll see what President Trump and his team have

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the ability to do. I believe probably negotiations and things

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are taking place now now trying to de escalate. But

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this is something that the Biden and Harris administration where

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I'm willing to even have a conversation about and that

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was peace, and so they would rather just fight a war,

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I guess, and you know, send our sons and daughters

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off to another Afghanistan and hopefully that turns out to

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better next time. That's the definition of insanity. Hey.

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Speaker 3: It reminds me of that book by p. J. O'Rourke

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called Give War a Chance, which was in case you

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didn't know, of course you know, but you listening in

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case you didn't know, that is actually a little bit

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of a satire. That was PJ. O'ororic's mastery, his ability

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to bring satire out the most distressing topics imaginable.

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Speaker 1: Right, and here we are, huh Well, I'd say, you know,

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having a little bit of humor in some of the

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painful places is a way that we can nowabigate it.

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I think it's important to actually talk about something, even

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if you do it in a humorous way, it kind

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of makes a spoonful of sugar, makes the medicine go down.

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So there are a number of ways of doing things

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like that that as leaders, you then bring people along

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with you. I'll just say one other thing that that

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I think is just really positive about where we are.

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You know, this is an America first president, and so

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what we're going to see is the United States get

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back to manufacturing again. I'm very excited about this because

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this is jobs that we desperately need. Are these are

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jobs that are going to be reshoring, friend shoring, and

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you know, the United States is a place that we

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end up manufacturing things cleaner and safer than anywhere in

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the world. But we've not been able to do it cheaper.

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Here's the good news. We've been developing and I've been

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actually having conversations with with engineers that have actually successfully

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taken companies from China reshored them back Indian States for

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the same cost, in the same pricing. How in the

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world were they able to do that. They've developed more

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efficient ways of doing the assembly line, They've developed more

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efficient ways of getting things done and accomplished in a

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Chinese type of a system. They are not as interested in, uh,

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you know, being as fast, and the people are just

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kind of you know, there for a very low wage.

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This is not something that they're doing out of a passion.

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Here in the United States, we have a different motivation.

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We we we earn money, we get a house, we

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have a family. You can be your own king of

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your own castle. Here in the United States, a very

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different idea. And so what I think is going to

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happen is you're going to see America begin to get

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strong again. We're going to see, you know, some of

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these permits open up and we're going to do We're

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going to see more oil. We're going to see uh,

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you know, more more uh lithium and metals that are

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very important, like gold and silver to be to be

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mined here in the United States or in the North

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America continent. So you're going to see also the world

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do some tariffs. Now the United States is leading in

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those tariffs. My one concern is this is that the

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rest of the world looks at the US dollar. If

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we don't get this under control, going back to your point,

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if we don't get to the under control that the

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world says, hey, you know what, We're going to create

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our own system. Putin announced it a couple of weeks ago,

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talking about this bricks dollar, and they're going to have

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it backed up by forty percent gold, sixty percent what

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their GDP is, and that they trade amongst one another,

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and they would then they're looking to d dollarize and

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no longer use the US dollar. Why because our answer

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to all of life's problems is quantitative easy. I believe

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that there's a banking challenge coming. I think that we've

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we've got a lot of issues here for this administration

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to be figuring out, and they're going to have to

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do it really fast because the brakes could be hit

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and the data all shows up at one moment. And

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so if these bricks nations come out, they got their

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own version of a dollar, and the US has to print, print, print, print, print, well,

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that's a very inflationary moment that we would find ourselves in.

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And I think that that's the world's response to our

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sanctioning them. Well, they sanction our money, they say, because

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it's not backed by something. So this is my fear.

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So I'm giving you a speculation here and something to

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be thinking forward. The good news is that President Trump

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is a great negotiator, and people just don't understand them.

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They think because he makes extreme statements that he's such

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an extreme person, he's just trying to get you off

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your number. You have to understand the art of negotiation.

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But the Tax Cuts and Jobs Act were a massive

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win for corporations, and they would have been a massive

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negative going away in two years. Now that he's in

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he's going to extend the Tax Cuts and Jobs Act.

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And I said this in twenty eighteen. I'm going to

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say this again. This is the single greatest opportunity in

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any of our adult lifetimes to reduce or eliminate taxes

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on our retirement dollars. What am I meaning? Standard deductions

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have doubled. So as long as you got a pulse

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and can fog a mire, you don't need to itemize,

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and the amount that you pay zero on is double.

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These ordinary brackets are reduced in significant ways. But here's

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the point that was going to go away in two years. Sure,

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we have to affect these things like our wroth conversions

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by the end of a calendar year. So here we

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are on November sixth, and we've got just a little

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over a month and a half to do this. And

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most of these organizations aren't going to take that trade

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to the very end. So you got to affect these things. Now,

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there's one hundred and one different ways to do it.

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People need math and science. I want to encourage them.

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The tail that wags the dog in the future is

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taxes because of this deficit spending. It's out of control.

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And if we want to protect ourselves, I'm just saying,

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grab a life fest right now. Make make your plans

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here today. This is the one area of planning tax

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diversification that most people have never paid attention to.

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Speaker 3: Hey, so what about his concept of doing away with

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the income tax altogether.

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Speaker 1: And going with like a flat tax or something, or a.

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Speaker 3: Consumption tax or tariffs at a consumption tax. Is this

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is he to be able to do this?

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Speaker 1: I don't know. You know, it sends to be that

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when you get into two moments of political races, that

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a lot of promises are made, a lot of ideas

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are brought out. The ones that have that that that

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catch the most, you know, you end up trying to implement.

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I don't know how you take and scrap a tax

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code and I got it. It's it's about this tick.

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And these books are heavy and big, yeah, and gives

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an attorney, you know, And you know, when you've got

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so many attorneys that have written all these laws, how

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easy is it to undo all those laws from all

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those legal angles. It's pretty challenging. I wouldn't think that

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they're going to get that done. I think that you're

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going to just find efficiencies. You're going to see Elon

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Musk come in and he's going to be, you know,

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the finding efficiencies in the government. I mean, for the

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first time we're actually conversation about that. And what an't important?

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Right because here he took X and he's he's running

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it with about a third of the staff as before,

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and he's doing more than X has ever done. And

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so you know what an awesome way of innovating, bringing

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AI and doing the right stuff the point here in

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the United States cleaner and safer. But hey, we need

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to get our prices down, so we're going to do

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it cheaper. But it's it's it's going to be a

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more expensive world going forward. But those who have assets

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right now, I think that this is a great time

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because you're gonna be able to capitalize in a wonderful way.

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Just be careful, be careful, be careful about getting just

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too heavy and over concentration on tech. I I just

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feel like that is a a flaw. And I'm looking

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for opportunities to be buying in on things like metal miners,

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and if I'm looking at metals, here today carry that

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is a gift. Silver right now is at a three

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percent discount to it's all time high of fifty dollars. Well,

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gold is just sitting near it's all time high eighty

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five to one ratio today. I mean, I'm spitting so

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many things that you because here's the role of information

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that's all coming at us, and then we need to

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interpret it all at once. But eighty five ounces of

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silver for one ounce of gold. The mining it is

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nine to one, and so I personally believe that silver

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is the most undervalued asset in the world. It's about

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to be revalued. It's going to go through the roof.

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And I have heard you say it several times. There's

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a monster box or five hundred ounces worth of silver

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inside of a tomahawk. Miss whether you're talking about war,

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whether you're talking about solar panels, whether you're talking about

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the need to make nuclear plants, or just connect you know,

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the chip on your phone. To make electronics work, you

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need silver to connect the dots. It's got to commerce

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rtual function that is necessary for our future. The world's

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going to need it. It's going to go up significantly. Yeah,

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no doubt, you are correct. I totally agree with you

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on that. Uh, but what about the broader market? I

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know tech you say beware of, but what other stocks

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are gonna benefit from the next Trump regime. Well, you know,

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a lot of the organizations that have overregulated and maybe

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have have potentially played for the other side a little

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bit too much in prior elections, they may not do

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as well with with some of the lawsuits that we've

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seen Europe even assigned to them based upon their conduct,

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and so, you know, it'd be interesting. I think that

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as you're as you're looking at the world of AI

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and you're looking at the world of big tech, some

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of the big players are for sure going to win.

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I don't think Microsoft's going anywhere. I don't think Apple's

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going anywhere. But you know, i'd say pay attention to

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people like Warren Buffett who right now are stacking their

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chips and they have more cash right now than ever before.

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I believe in buying when things go on sale, and

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so I believe that there's going to be crisis. I

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feel like yesterday kind of went too smooth, went too easy.

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I feel like there's probably something else coming before the

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January twenty five transition. Yes, I've heard little whispers of

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pundits on television saying, we can't allow a felon to

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be president on January sixth, twenty twenty five. January six

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has a day in our history. And you know what,

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there has been a serious weaponization of days and times

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and different things. Yeah, I know, but he spoke, and

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that judge who run who ran his campaign on putting

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this guy in jail. Yes, that's you judged a situation

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before you ever showed up for trial. We understand what

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this looks like. It's not going to be it's going

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to be overturned earned. Those were silly ideas.

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Speaker 3: Yeah, yeah, well I just don't see really any way

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to stop them from going in there. It's just never

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going to happen. Well, the only other ride all they like,

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but it's never going to happen.

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Speaker 1: Right. The only thing that's a factor right now that

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I think that we've not necessarily played in we have

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about ten million plus people that have recently crossed the border.

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These are not just newcomers news, that's right. And one

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in four to my understanding, are Chinese military aged men

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that have a completely different camp and a completely different

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way of getting there, and they don't want to communicate

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with you about what they're doing here and why where

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everyone else is like, we're fleeing because of inflation, no jobs, poverty,

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et cetera. And so we could have ourselves an infestation

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instead of terrorist attacks, it could be invested stuff. We

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could have cartels that are serious murderers and terrible people

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attacking police stations and terrible things. I just think back

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to the summer of twenty twenty. I'm just wondering when

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does that violent part start, because it seems like it's

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probably getting pretty close, especially of deportations for those who

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are especially not doing the right things show up all.

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Speaker 3: Right, Well, there's definitely cause for concern for sure, Like

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nobody ever explained why they all.

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Speaker 1: Wanted to be here.

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Speaker 3: But we're just going to have to see what happens,

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what's going to happen next. But like everything else, it's

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danger and opportunity. David tell us, where do we find you?

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Speaker 1: How do we connect with you? On the web? Yeah,

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So my company is called Sound Planning Group, where we're

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trying to help people make sound planning decisions. My SPG

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dot COMISPG dot com and on there we've got a

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number of resources and things, and Carrie, in this new

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year twenty five, I'm going to be coming out with

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what does the Tax Cuts and Jobs Act mean to

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you now that it's extended. I'm going to be coming

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out with big things that are changing right now in

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medicareway twenty five is the best change that we've in

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medicare I've been in the industry. And then we're going

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to be talking about how do we allocate inside of

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our portfolio today, how do we arrived and tame bears

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the seventy eight percent being were missing seventy eighty percent

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of the pain. So on the world's changing, and there's

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a lot of folks out there that just don't know

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where to go what to do. Yeah, so true.

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Speaker 3: All right, Well, hey, appreciate as always you coming on,

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David sharing your knowledge with us. And link is in

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the show notes to this interview to David's site, And

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while you're there at Financial Survival Network dot com, sign

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00:18:55,400 --> 00:18:59,960
up for your free newsletter like fifty thousand other FSN

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00:19:00,559 --> 00:19:04,279
community members, and we will get you a good info

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00:19:04,319 --> 00:19:08,000
out there like this. So David, I hope you're right.

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We will talk to you again soon. Thanks for stopping by.

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Speaker 2: Appreciate you, Gerry, thank you thanks for listening to carry

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Letz's Financial Survival Network, your solution to today's trying times.

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For the latest, go to Financial Survivalnetwork dot com. Financial

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Survival Network

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Speaker 1: Now more than ever,