Dive into an insightful discussion with Kerry Lutz and Claudia Moncarz about the IRS's recent funding surge and the role of AI in transforming tax collection and enforcement. In this episode: 

IRS Enforcement Boost: AI, Audits, and Compliance Strategies -- Claudia Moncarz #5966

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Kerry Lutz and Andrew Einhorn of LevelFields discussed the impact of AI on investment practices, highlighting the system's ability to track and analyze events from thousands of documents per minute to provide forecasts and alerts. The conversation also covers the system's insights on Tesla and the broader perspective it provides for investors. Andrew emphasizes the importance of recognizing discrepancies in prices and earnings to identify opportunities in the market, using examples from the coal and fertilizer industries, defense contracting, and undervalued companies like Giga Cloud and Celsius. He provides an overview of the LevelFields platform, emphasizing its user-friendly approach to investing and the potential for short-term and long-term gains through different investment strategies. Visit their site @ https://www.levelfields.ai/

Turbo Charge Your Returns with AI - Andrew Einhorn #6061

Kerry Lutz and John Rubino delve into pressing economic issues, predicting a looming crisis driven by rising mortgage rates and increasing retail store closures. They argue the necessity for significant government intervention, similar to the pandemic-era stimulus measures, to mitigate the economic downturn. The conversation also explores the unique challenges facing retailers, especially in California, where lax laws on shoplifting complicate business operations. Additionally, they discuss the controversial "weaponization" of the criminal justice system, suggesting its impact on social order and business environment. Rubino and Lutz propose radical ideas for government restructuring, such as firing government employees in alphabetical order and maintaining only essential workers during crises. They emphasize the importance of essential services, including police, road maintenance, and waste management, referencing similar strategies from Argentina and El Salvador. Political dynamics also take center stage as they speculate on potential vice presidential candidates for Donald Trump, particularly focusing on Ron DeSantis. They consider how political issues, notably abortion, could influence upcoming elections. Find John's work here: Rubino.Substack.com Find Kerry here: FSN and here: inflation.cafe

2024: Year of the Bank Run with John Rubino #6060

Kerry Lutz was joined by CEO Ivan Bebek of Coppernico Metals for a dive deep into the company's ambitious exploration project. From raising over $100 million to the strategic preparations for drilling, Ivan shares the challenges and milestones of Coppernico's journey. It’s been years in the making but the company has achieved the required community support and now has the necessary permits to begin aggressive drilling at the Sombrero project. As Ivan states, community support must be earned, and the company’s initiatives will carry on long after mining has finished. There were numerous hurdles along the way, not the least of which were the pandemic related shutdowns. But Coppernico persevered and now drilling and a coveted TSX listing will be happening soon. Ivan also introduced Tim Kingsley, VP of Exploration, highlighting the team's expertise along with the strong funding from major miners. Clearly this is a case of playing the long game, staying focused upon the ultimate goal and never giving up. Coppernico’s prospectivity is impressive and we hold shares in the company. Company website: https://coppernicometals.com

Coppernico Metals to  Receive TSX Listing and Start Drilling Sombrero with CEO Ivan Bebek

Kerry Lutz and Elliot Kallen discussed a range of topics, including the influence of AI on businesses, the economic cycle and its potential impact on interest rates, and the potential ramifications of autonomous vehicles on various sectors. They explored the potential disruptions and job losses that AI could bring, particularly in the transportation and writing industries, while also highlighting the positive aspects of AI, such as increased efficiency and convenience. They also discussed the potential impact of AI and Bitcoin mining on energy consumption, emphasizing the significance of these factors for the future of energy utilities.      Kallen presented a contrarian viewpoint on the economic cycle, expressing skepticism about the likelihood of a recession and the anticipated decrease in interest rates. He referenced his previous predictions and suggested that bond prices may experience only a minor softening. The conversation also touched on the potential future of US mail delivery, with Kallen expressing skepticism about the long-term sustainability of the US Postal Service and advocating for government downsizing. Overall, the conversation delved into the uncertainty surrounding the current economic climate and its potential implications for interest rates and bond prices, as well as the potential impact of AI and autonomous vehicles on various sectors. Find Elliot here: ProsperityFinancialGroup  Find Kerry here: FSN and here: inflation.cafe    

The AI Effect: How Robots are Shaping Economics, Interest Rates and Industry Evolution -  Elliot Kallen #6059

Kerry Lutz and Aaron Clements discussed the digital nomad lifestyle, highlighting its advantages and challenges. They talked about the freedom and independence it offers, as well as the potential loneliness and need for adaptability. Aaron provided valuable advice for those considering this lifestyle, emphasizing the importance of pursuing work that aligns with their passions and understanding their essential needs while traveling. He also promoted his book, "From Desk to Destination," which provides a comprehensive guide for transitioning to the digital nomad lifestyle, including practical tips, mindset strategies, and insights on maximizing resources and opportunities. Find Aarons book here:  From Desk to Destination Find Kerry here: FSN and here: inflation.cafe

IRS Enforcement Boost: AI, Audits, and Compliance Strategies -- Claudia Moncarz #5966

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