I Repeat… I continue to be amazed by so many out there, from the pundits with their agendas to the so-called experts who zoom in on every grain of short-term optimism with an electron microscope while explaining away the reality. Not much has changed since I last wrote. Let me repeat in case you haven’t been following me. We are going to see… - An earnings meltdown - Hundreds of bank failures over the next few years - Hundreds of hedge fund blow ups - Soaring corporate defaults (already beginning) - A huge junk bond market (soon to come) - A large oil correction which will rebound and make new highs down the road (in progress) - Real estate prices collapse by 30% (35% worst case scenario)
First, before you begin to read this typical example of subtle hack journalism, I want you to have a look at the ad for Ron Insana. Apparently, this former CNBC hack has teamed up with Cramer and thestreet.com for a new gig. I’ll discuss him in the near future. Next, have a look at the ad below. You’ll see a guy who looks like Kojac’s son; just another useless trading service with bogus claims, headed by dirt bags with no professional industry experience or insights. If you think I'm wrong, I invite you to fork over your money to this clown.
Amidst the biggest financial crisis since the Great Depression (if not ever) and the biggest Ponzi scheme ever, (the real estate-banking Ponzi scheme) not one of the 65 Pulitzer Prizes was awarded for coverage of the events surrounding the “financial crisis.” Ironically, the media has yet to identify this crisis as the biggest Ponzi scheme ever, confirming their incompetence. Disgraceful? Yes. Surprising? No. It’s all about content. It’s always been about content. Valuable content drives readers, listeners and viewers, which appeals to sponsors. Valuable content is highly treasured because it’s so rare today. This relationship generates healthy revenues for newspapers and more business for their sponsors. But media executives disagree. T...
For several years now, I have been doing my best to expose Wall Street criminals, the tactics of the criminal financial media and the doomsday gold charlatans. I have exposed how the Securities and Exchange Commission serves as a partner in crime with Wall Street. I have exposed various Wall Street scams. I have exposed various acts of insider trading as well as a long list of pump-and-dump schemes. I have exposed a very long list of con men, idiots and faux heroes. I provides more details about Maloney in the Members/Client section of this article. I have also debunked all of the ridiculous myths put out by precious metals charlatans regarding the economy, the stock and bond markets, gold and silver. I have published hundreds of ar...
Are you looking for a financial adviser? Well take a close look at Neil Gallagher, an Ivy League educated Ph.D., otherwise known as the "Money Doctor." Note: anyone who uses some kind of catchy name like the "Money Doctor" should always be suspected of being a con artist. Aside from his impressive "Ivy League" credentials (it's odd that he never discloses what his Ph.D. is in) Gallagher is likely to appeal to many folks due to his strong and vocal belief in Christianity. He's also a libertarian, so he's likely to lure many more suckers. I've previous exposed the fact that the libertarian pitch is a huge con designed to suck money from you while preaching "freedom and liberty." Perhaps you know of some other libertarian financial advisers.
While still working on Wall Street, I began recommending gold in late 2001 to my clients just when the bull market had commenced. As you might imagine, it was very difficult to convince older investors that gold was beginning to enter a bull market after it had done nothing for nearly two decades. By 2006, I felt this bull market was still in the early stages when my gold forecast was officially published in America’s Financial Apocalypse. A good portion of this forecast included the effect of propaganda on the price of gold as the collapse began. Up until the past couple of years there have been some real drivers of the gold bull market. In contrast, over the past couple of years the massive wave of propaganda delivered by an enormous network of gold hacks has been the primary...
I've been telling you that all of the alternatives to Wall Street, whether it's the online brokers like Charles Schwab or E-Trade, the financial pundits in the media, or the traditional investment newsletter guys - are all sleeping in the same bed together. Why might this be? because the best way to make the most money is to unite! Later on, you might want to refresh your memory how the media acts to screw you, by checking this list of media articles. Today, I provide another eye-opening look at the deep relations that all of the guys in the media club have with each other. First, let's go back a year when I wrote about Martin Weiss.
If you look around on the various gold bug web sites, you are likely to see the same crowd posting the same lines of hyperinflation and everything else they can conjure up in order to scare people into loading up on excessive amounts of physical gold. Note the emphasis on “physical gold” rather than gold ETFs.
Unfortunately, most people have forgotten how critical it is to know the credibility and reliability of the sources they choose to follow. Instead of checking credentials and track records, they go by the number of likes, fake comments, fake reviews, and hearsay from people they have no idea about. Those who are unfamiliar with me can find out more about my credentials, my background, as well as my investment research track record here, here, and here. Examine Mike Stathis' unmatched track record of predicting the 2008 financial crisis, enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, here, here, and here. ------------------------------------------------------------------...
Do you remember all of the forecasts and debates from the various jug heads in the media regarding when the Fed would raise interest rates in 2016? As you might recall, this circus show was even more ridiculous than the one that took place in 2015. The interest rate kosher drama of 2016 even featured absurd "predictions" and "forecasts" from several top Fed officials. For both 2015 and 2016, the overwhelming theme surrounding interest rate forecasts by the various "geniuses" promoted by the media was constant flip flopping after missing the mark over and over again. In contrast, Mike Stathis pointed to a single 25 basis point rate hike for 2015 and 2016 early on when everyone else was forecasting three, four and even more rate hikes each year. Furthermore, as our research cl......
Due to various time restrictions, this article will continue to be updated throughout August 25, 2014. Here we have a very weak attempt by a Jewish lady to distract attention away from the Jewish Mafia. According to Karen Hudes, the Vatican runs the world! [pause for intense laughter]
Although not yet official, the verdict is on the way. Bear Stearns led the death march a few months ago. Now, Lehman’s bankruptcy filing signals the halfway mark of what will end up being the death of Wall Street. Now Goldman Sachs stands alone as the sole remaining true Wall Street firm.
Jim Rogers has been praised as a top "commodities expert" by countless media outlets for several years. Indeed, Jim Rogers is a "legendary" investor according to the media. Despite the fact that Rogers has served as one of the best contrarian indicators in the world for the better part of the past two decades, the media continues to claim he is an investment "legend" without accurately discussing his track record. In addition, I have never seen any concrete evidence that Jim Rogers is even a decent investor. In fact, I've only seen evidence that indicates he's a terrible investor. Premise: Jim Rogers is an investment "legend" because he was involved with George Soros' Quantum fund, which allegedly returned 4200 percent in less than ten years. But I argue th...
With rare exception, investors should stay clear of traditional asset classes. If you haven’t already done so, you’d be wise to invest in commodities, gold, oil trusts, and foreign currencies (Yen and Swiss Franc). In addition, investors without short investment horizons should have some exposure in China and Latin America. Keeping cash on hand is also advised. When the market sells off, you may choose to buy in. But don’t expect it to last. Buying the U.S. market after sell offs and moving to cash after rebounds is the best way to navigate this storm. A buy-and-hold strategy will crush most investors.
This is just a reminder to those who don't know about me.
Continuing from PART 5 It seems like every day we hear about some guy making gold and silver price forecasts, and these forecasts are invariably ridiculously high. Some of these hacks insist that gold is headed to $5000; others say $10,000; some even say $20,000. I’ve even heard one clown “predict” $57,000! How about $1500 silver? Sure! Why not!? Maybe if I “forecast” $100,000 gold the media will line up to interview me. Because it is impossible to know in advance whether gold has peaked during its current bull market cycle, we advise gold investors to wait for conservative entry points and take profits according to the technicals, adjusted for fundamental events which are likely to affect gold pricing. ...This point is w...
In the same publication, Stathis warned that the Fannie/Freddie bailout would be only the beginning of many more to come. "The bailout buffet won’t end with Fannie and Freddie. There’s a lot more where that came from because the “Fed’s food court” remains open, as does that of the U.S. Treasury. In fact, the autos are in the process of being bailed out with $50 billion in ‘loans.’ I expect the airlines to also receive some form of a bailout as well." In the same September 11, 2008 publication, Stathis predicted that the long-term problems would be the focus down the road; problems he addressed in detail in America's Financial Apocalypse. In 2010, these longer-term problems finally surfaced as the main issues discussed. "Combined with the......
It seems as if the new trend in modern America is to use scare tactics as a way to sell the sheep. It worked for President Bush when he warned of Saddam’s WMDs. It also worked for Paulson when he shoved the unconstitutional banking and auto bailouts (TARP and other taxpayer funds) down the throats of U.S. taxpayers. (1) (2) (3) (4) Today, various individuals, from media clowns to investment pundits are using their own brand of scare tactics in order to get people to buy gold. As you shall see, this article addresses the controversy of these activities. Let me first begin with a reminder about the dangers of America’s media monopoly. Instead of presenting different perspectives in a manner which promotes an open forum of debate and inquiry, the media feeds its audien...
I began my mission helping investors steer clear of Wall Street because I learned firsthand how the game was played after having worked in the industry. Thereafter, I learned how the media helps Wall Street after I was black balled by all media in 2006 and thereafter for trying to warn main street about what would become an unprecedented financial crisis in 2008. My mission has been to help investors become more knowledgeable and successful by providing cutting-edge investment research as well as top-notch educational content. I think I've done quite well in that regard. As a part of this mission, I have also spent a great deal of time and effort exposing the criminal activities of the financial media, as it works with Wall Street to deceive and defraud main str...
I began my mission helping investors steer clear of Wall Street because I learned firsthand how the game was played after having worked in the industry. Thereafter, I learned how the media helps Wall Street after I was black balled by all media in 2006 and thereafter for trying to warn main street about what would become an unprecedented financial crisis in 2008. My mission has been to help investors become more knowledgeable and successful by providing cutting-edge investment research as well as top-notch educational content. I think I've done quite well in that regard. As a part of this mission, I have also spent a great deal of time and effort exposing the criminal activities of the financial media, as it works with Wall Street to deceive and defraud main str...