Confidence Surge… But Trouble Ahead - Jay Mehta #6388

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