How to Think Clearly

"Never argue with stupid people. They will drag you down to their level and then beat you with experience." –Mark Twain

If you want to fully understand and appreciate the work of Mike Stathis, from his market forecasts and securities analysis to his political and economic analyses, you will need to learn how to think clearly if you already lack this vital skill.

For many, this will be a cleansing process that could take quite a long time to complete depending on each individual.

The best way to begin clearing your mind is to move forward with this series of steps:

1. GET RID OF YOUR TV SET, AND ONLY USE STREAMING SERVICES SPARINGLY.

2. REFUSE TO USE YOUR PHONE TO TEXT.

3. DO NOT USE A "SMART (DUMB) PHONE" (or at least do not use your phone to browse the Internet unless absolutely necessary).

4. STAY AWAY FROM SOCIAL MEDIA (Facebook, Instagram, Whatsapp, Snap, Twitter, Tik Tok unless it is to spread links to this site). 

5. STAY OFF JEWTUBE.

6. AVOID ALL MEDIA (as much as possible).

The cleansing process will take time but you can hasten the process by being proactive in exercising your mind.

You should also be aware of a very common behavior exhibited by humans who have been exposed to the various aspects of modern society. This behavior occurs when an individual overestimates his abilities and knowledge, while underestimating his weaknesses and lack of understanding. This behavior has been coined the "Dunning-Kruger Effect" after two sociologists who described it in a research publication. See here.

Many people today think they are virtual experts on every topic they place importance on. The reason for this illusory behavior is because these individuals typically allow themselves to become brainwashed by various media outlets and bogus online sources. The more information these individuals obtain on these topics, the more qualified they feel they are to share their views with others without realizing the media is not a valid source with which to use for understanding something. The media always has bias and can never be relied on to represent the full truth. Furthermore, online sources are even more dangerous for misinformation, especially due to the fact that search algorithms have been designed to create confirmation bias. 

A perfect example of the Dunning-Kruger Effect can be seen with many individuals who listen to talk radio shows. These shows are often politically biased and consist of individuals who resemble used car salesmen more than intellectuals. These talking heads brainwash their audience with cherry-picked facts, misstatements, and lies regarding relevant issues such as healthcare, immigration, Social Security, Medicaid, economics, science, and so forth. They also select guests to interview based on the agendas they wish to fulfill with their advertisers rather than interviewing unbiased experts who might share different viewpoints than the host.

Once the audience has been indoctrinated by these propagandists, they feel qualified to discuss these topics on the same level as a real authority, without realizing that they obtained their understanding from individuals who are employed as professional liars and manipulators by the media. 

Another good example of the Dunning-Kruger Effect can be seen upon examination of political pundits, stock market and economic analysts on TV.  They talk a good game because they are professional speakers. But once you examine their track record, it is clear that these individuals are largely wrong. But they have developed confidence in speaking about these topics due to an inflated sense of expertise in topics for which they continuously demonstrate their incompetence.

One of the most insightful analogies created to explain how things are often not what you see was Plato's Allegory of the Cave, from Book 7 of the Republic.

We highly recommend that you study this masterpiece in great detail so that you are better able to use logic and reason.  From there, we recommend other classics from Greek philosophers. After all, ancient Greek philosophers like Plato and Socrates created critical thinking.   

If you can learn how to think like a philosopher, ideally one of the great ancient Greek philosophers, it is highly unlikely that you will ever be fooled by con artists like those who make ridiculous and unfounded claims in order to pump gold and silver, the typical get-rich-quick, or multi-level marketing (MLM) crowd.





STOP Being Taken

If you want to do well as an investor, you must first understand how various forces are seeking to deceive you. 

Most people understand that Wall Street is looking to take their money.

But do they really understand the means by which Wall Street achieves these objectives? 

Once you understand the various tricks and scams practiced by Wall Street you will be better able to avoid being taken. 

Perhaps an even greater threat to investors is the financial media.

The single most important thing investors must do if they aim to become successful is to stay clear of all media.

That includes social media and other online platforms with investment content such as YouTube and Facebook, which are one million times worse than the financial media.

The various resources found within this website address these two issues and much more. 

Remember, you can have access to the best investment research in the world. But without adequate judgment, you will not do well as an investor.

You must also understand how the Wall Street and financial media parasites operate in order to do well as an investor. 

It is important to understand how the Jewish mafia operates so that you can beat them at their own game.

The Jewish mafia runs both Wall Street and the media. This cabal also runs many other industries.

We devote a great deal of effort exposing the Jewish mafia in order to position investors with a higher success rate in achieving their investment goals.

Always remember the following quotes as they apply to the various charlatans positioned by the media as experts and business leaders.   

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.” - King James Bible - Matthew 7:15

"It's easier to fool people than to convince them that they have been fooled." –Mark Twain

It's also very important to remember this FACT.  All Viewpoints Are Not Created Equal.

Just because something is published in print, online, or aired in broadcast media does not make it accurate. 

More often than not, the larger the audience, the more likely the content is either inaccurate or slanted. 

The next time you read something about economics or investments, you should ask the following question in order to determine the credibility of the source.

Is the source biased in any way?  

That is, does the source have any agendas which would provide some kind of benefit accounting for conclusions that were made? 

Most individuals who operate websites or blogs sell ads or merchandise of some kind. In particular, websites that sell precious metals are not credible sources of information because the views published on these sites are biased and cannot be relied upon.

The following question is one of the first things you should ask before trusting anyone who is positioned as an expert. 

Is the person truly credible?  

Most people associate credibility with name-recognition. But more often than not, name-recognition serves as a predictor of bias if not lack of credibility because the more a name is recognized, the more the individual has been plastered in the media. 

Most individuals who have been provided with media exposure are either naive or clueless. The media positions these types of individuals as “credible experts” in order to please its financial sponsors; those who buy advertisements. 

In the case of the financial genre, instead of name-recognition or media celebrity status, you must determine whether your source has relevant experience on Wall Street as opposed to being self-taught. But this is just a basic hurdle that in itself by no means ensures the source is competent or credible.

It's much more important to carefully examine the track record of your source in depth, looking for accuracy and specific forecasts rather than open-ended statements. You must also look for timing since a broken clock is always right once a day.  Finally, make sure they do not cherry-pick their best calls. Always examine their entire track record. 

Don't ever believe the claims made by the source or the host interviewing the source regarding their track record. 

Always verify their track record yourself. 

The above question requires only slight modification for use in determining the credibility of sources that discuss other topics, such as politics, healthcare, etc.

We have compiled the most extensive publication exposing hundreds of con men pertaining to the financial publishing and securities industry, although we also cover numerous con men in the media and other front groups since they are all associated in some way with each other.

There is perhaps no one else in the world capable of shedding the full light on these con men other than Mike Stathis.

Mike has been a professional in the financial industry for nearly three decades. 

Alhough he publishes numerous articles and videos addressing the dark side of the industry, the core collection can be found in our ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes

Also, the Image Library contains nearly 8,000 images, most of which are annotated.


At AVA Investment Analytics, we don't pump gold, silver, or equities because we are not promoters or marketers.

We actually expose precious metals pumpers, while revealing their motives, means, and methods.

We do not sell advertisements.

We actually go to great lengths to expose the ad-based content scam that's so pervasive in the world today. 

We do not receive any compensation from our content, other than from our investment research, which is not located on this website. 

We provide individual investors, financial advisers, analysts and fund managers with world-class research and unique insight.







Media Lies

If you listen to the media, most likely at minimum it's going to cost you hundreds of thousands of dollars over the course of your life time.

The deceit, lies, and useless guidance from the financial media is certainly a large contributor of these losses.

But a good deal of lost wealth comes in the form of excessive consumerism which the media encourages and even imposes upon its audience.

You aren’t going to know that you’re being brainwashed, or that you have lost $1 million or $2 million over your life time due to the media.

But I can guarantee you that with rare exception this will become the reality for those who are naïve enough to waste time on media.

It gets worse.

By listening to the media you are likely to also suffer ill health effects through excessive consumption of prescription drugs, and/or as a result of watching ridiculous medical shows, all of which are supportive of the medical-industrial complex.

And if you seek out the so-called "alternative media" as a means by which to escape the toxic nature of the "mainstream" media, you might make the mistake of relying on con men like Kevin Trudeau, Alex Jones, Joe Rogan, and many others.

This could be a deadly decision. As bad as the so-called "mainstream" media is, the so-called "alternative media" is even worse.

There are countless con artists spread throughout the media who operate in the same manner. They pretend to be on your side as they "expose" the "evil" government and corporations.

Their aim is to scare you into buying their alternatives.  This addresses the nutritional supplements industry which has become a huge scam.  

 

Why Does the Media Air Liars and Con Men?

The goal of the media is NOT to serve its audience because the audience does NOT pay its bills.

The goal of the media is to please its sponsors, or the companies that spend huge dollars buying advertisements.

And in order for companies to justify these expenses, they need the media to represent their cause.

The media does this by airing idiots and con artists who mislead and confuse the audience.

By engaging in "journalistic fraud," the media steers its audience into the arms of its advertisers because the audience is now misled and confused.

The financial media sets up the audience so that they become needy after having lost large amounts of money listening to their "experts." Desperate for professional help, the audience contacts Wall Street brokerage firms, mutual funds, insurance companies, and precious metals dealers that are aired on financial networks. This is why these firms pay big money for adverting slots in the financial media.

We see the same thing on a more obvious note in the so-called "alternative media," which is really a remanufactured version of the "mainstream media." Do not be fooled. There is no such thing as the "alternative media."  It really all the same. 

In order to be considered "media" you must have content that has widespread channels of distribution. Thus, all "media" is widely distributed.

And the same powers that control the distribution of the so-called "mainstream media" also control distribution of the so-called "alternative media."

The claim that there is an "alternative media" is merely a sales pitch designed to capture the audience that has since given up on the "mainstream media."  

The tactic is a very common one used by con men.

The same tactic is used by Washington to convince naive voters that there are meaningful differences between the nation's two political parties.

In reality, both parties are essentially the same when it comes to issues that matter most (e.g. trade policy and healthcare) because all U.S. politicians are controlled by corporate America. Anyone who tells you anything different simply isn't thinking straight.

On this site, we expose the lies and the liars in the media.

We discuss and reveal the motives and track record of the media’s hand-selected charlatans with a focus on the financial media.  




 

Why Stathis Was Banned

To date, we know of no one who has established a more accurate track record in the investment markets since 2006 than Mike Stathis.  

Yet, the financial media wants nothing to do with Stathis.  

This has been the case from day one when he was black-balled by the publishing industry after having written his landmark 2006 book, America's Financial Apocalypse

From that point on, he was black-balled throughout all so-called mainstream media and then even the so-called alternative media. 

With very rare exception, you aren't even going to hear him on the radio or anywhere else being interviewed.  

Ask yourself why. 

You aren't going to see him mentioned on any websites either, unless its by people whom he has exposed.  

You aren't likely to ever read or hear of his remarkable investment research track record anywhere, unless you read about it on this website.

You should be wondering why this might be.

Some of you already know the answer.

The media banned Mike Stathis because the trick used by the media is to promote cons and clowns so that the audience will be steered into the hands of the media's financial sponsors - Wall Street, gold dealers, etc. 

Because the media is run by the Jewish mafia and because most Jews practice a severe form of tribalism, the media will only promote Jews and gentiles who represent Jewish businesses.  

And as for radio shows and websites that either don't know about Stathis or don't care to hear what he has to say, the fact is that they are so ignorant that they assume those who are plastered throughout media are credible.

And because they haven't heard Stathis anywhere in the media, even if they come across him, they automatically assume he's a nobody in the investment world simply because he has no media exposure.  And they are too lazy to go through his work because they realize they are too stupid to understand the accuracy and relevance of his research. 

Top investment professionals who know about Mike Stathis' track record have a much different view of him. But they cannot say so in public because Stathis is now considered a "controversial" figure due to his stance on the Jewish mafia. 

Most people are in it for themselves. Thus, they only care about pitching what’s deemed as the “hot” topic because this sells ads in terms of more site visits or reads.

This is why you come across so many websites based on doom and conspiratorial horse shit run by con artists.

We have donated countless hours and huge sums of money towards the pursuit of exposing the con men, lies, and fraud.

We have been banned by virtually every media platform in the U.S and every website prior to writing about the Jewish mafia.

Mike Stathis was banned by all media early on because he exposed the realities of the United States.

The Jewish mafia has declared war on us because we have exposed the realities of the U.S. government, Wall Street, corporate America, free trade, U.S. healthcare, and much more.

Stathis has also been banned by alternative media because he exposed the truth about gold and silver. 

We have even been banned from use of email marketing providers as a way to cripple our abilities to expand our reach. 

You can talk about the Italian Mafia, and Jewish Hollywood can make 100s of movies about it.

BUT YOU CANNOT TALK ABOUT THE JEWISH MAFIA.

Because Mr. Stathis exposed so much in his 2006 book America's Financial Apocalypse, he was banned.

He was banned for writing about the following topics in detail: political correctness, illegal immigration, affirmative action, as well as the economic realities behind America's disastrous healthcare system, the destructive impact of free trade, and many other topics. He also exposed Wall Street fraud and the mortgage derivatives scam that would end of catalyzing the worst global crisis in history. 

It's critical to note that the widespread ban on Mr. Stathis began well before he mentioned the Jewish mafia or even Jewish control of any kind.

It was in fact his ban that led him to realize precisely what was going on.

We only began discussing the role of the criminality of the Jewish mafia by late-2009, three years AFTER we had been black-listed by the media.

Therefore, no one can say that our criticism of the Jewish mafia led to Mike being black-listed (not that it would even be acceptable).  

If you dare to expose Jewish control or anything under Jewish control, you will be black-balled by all media so the masses will never hear the truth.

Just remember this. Mike does not have to do what he is doing. 

Instead, he could do what everyone else does and focus on making money. 

He has already sacrificed a huge fortune to speak the truth hoping to help people steer clear of fraudsters and to educate people as to the realities in order to prevent the complete enslavement of world citizenry. 

  

Rules to Remember

Rule #1: Those With Significant Exposure Are NOT on Your Side.  

No one who has significant exposure should ever be trusted. Such individuals should be assumed to be gatekeepers until proven otherwise.  I have never found an exception to this rule.

Understand that those responsible for permitting or even facilitating exposure have given exposure to specific individuals for a very good reason. And that reason does not serve your best interests. 

In short, I have significant empirical evidence to conclude that everyone who has a significant amount of exposure has been bought off (in some way) by those seeking to distort reality and control the masses. This is not a difficult concept to grasp. It's propaganda 101.   

Rule #2: Con Artists Like to Form Syndicates.

Before the Internet was created, con artists were largely on their own. Once the Internet was released to the civilian population, con artists realized that digital connectivity could amplify their reach, and thus the effectiveness of their mind control tactics. This meant digital connectivity could amplify the money con artists extract from their victims by forming alliances with other con artists.

Teaming up with con artists leads to a significantly greater volume of content and distraction, such that victims of these con artists are more likely to remain trapped within the web of deceit, as well as being more convinced that their favorite con artist is legit. 

Whenever you wish to know whether someone can be trusted, always remember this golden rule..."a man is judged by the company he keeps." This is a very important rule to remember because con men almost always belong to the same network.  You will see the same con artists interviewing each other,referencing each other, (e.g. a hat tip) on the same blog rolls, attending the same conferences, mentioning their con artist peers, and so forth.

Rule #3: There's NO Free Lunch.  

Whenever something is marketed as being "free" you can bet the item or service is either useless or else the ultimate price you'll pay will be much greater than if you had paid money for it in the beginning. 

You should always seek to establish a monetary relationship with all vendors because this establishes a financial link between you the customer and the vendor. Therefore, the vendor will tend to serve and protect your best interests because you pay his bills. 

Those who use the goods and services from vendors who offer their products for free will treated not as customers, but as products, because these vendors will exploit users who are obtaining  their products for free in order to generate income.   

Use of free emails, free social media, free content is all complete garbage designed to obtain your data and sell it to digital marketing firms.

From there you will be brainwashed with cleverly designed ads. You will be monitored and your identity wil eventually be stolen. 

Fraudsters often pitch the "free" line in order to lure greedy people who think they can get something for free. 

Perhaps now you understand why the system of globalized trade was named "free trade." 

As you might appreciate, free trade has been a complete disaster and scam designed to enrich the wealthy at the expense of the poor. 

There are too many examples of goods and services positioned as being free, when in reality, the customers get screwed.  

Rule #4: Beware of Manipulation Using Word Games. 

When manipulators want to get the masses to side with their propaganda and ditch more legitimate alternatives they often select psychologically relevant labels to indicate positive or negative impressions.

For instance, the financial parasites running America's medical-industrial complex have designated the term "socialized medicine" to replace the original, more accurate term, "universal healthcare." This play on words has been done to sway the masses from so much as even investigating universal healthcare, because the criminals want to keep defrauding people with their so-called "market-based" healthcare scam, which has accounted for the number one cause of personal bankruptcies in the USA for many years.  

When Wall Street wanted to convince the American people to go along with NAFTA, they used the term "free trade" to describe the current system of trade which has devastated the U.S. labor force.

In reality, free trade is unfair trade and only benefits the wealthy and large corporations.

There are many examples on this play on words such as the "sharing economy" and so on.  

Rule #5: Whenever Someone Promotes Something that Offers to Empower You, It's Usually a Scam.

This applies to the life coaches, self-help nonsense, libertarian pitches, FIRE movement, and so on.

If it sounds too good to be true, it usually is.

Unlike what the corporate fascists claim, we DO need government.

And no, you can NOT become financially independent and retire early unless you sell this con game to suckers.  

Rule #6: "Never argue with stupid people. They will drag you down to their level and then beat you with experience." –Mark Twain

Following this rule is forcing the small and dewindling group of intelligent people left in the world to cease interacting with people. 

You might need to get accustomed to being alone if you're intelligent and would rather not waste your time arguing with someone who is so ignorant, that they have no chance to realize what's really going in this world. 

It would seem that Dunning-Kruger has engulfed much of the population, especially in the West.     

Start Here

Mutual Fund Disasters: Harry Dent the Fund Manager

I continue this series on Harry Dent from two previous articles, here and here.

Seizing upon his media “celebriy,” (which essentially means you have sheep lining up for your perceived expertise, created solely by being seen on television) Dent formed an ETF in 2009 called the Dent Tactical ETF (DENT). This is one of those actively managed ETFs you may have heard about.

The fundamental problem with actively managed ETFs is that they absolutely defeat the purpose of ETFs; low fees. Actively managed ETFs charge higher fees for management of the holdings.

Although most actively managed ETFs still have lower fees than non-index mutual funds, if given the choice between the two you’re better off paying higher fees and buying mutual funds. Of course that assumes you were only given those two choices, as I am not a fan of mutual funds, especially during bear market periods.

If you don't already know why, click here.

Target date funds offer another false epiphany. Click here to see why.

The logic behind actively managed ETFs is nearly as flawed as active management of mutual funds (like Fidelity’s widely advertised and I should add completely useless program). You cannot provide any real value using either approach. In each case you are paying higher fees in exchange for some decision-maker to essentially throw darts.

When the actively managed ETF holds several ETFs, as is the case with DENT, it’s an even worse situation. Active management is best utilized for managing individual securities because you are able to base your decisions on the fundamental and technical data of each security.

Just by reading the description, it’s obvious to me the Dent Tactical ETF (DENT) is a completely useless investment vehicle, unless your goal is to have fees deducted from your account while losing money.

The objective of DENT is long-term growth of capital. It invests in other exchange-traded funds, and shares of certain exchange-traded products, including but not limited to, exchange-traded notes, exchange-traded currency trusts and exchange-traded commodity pools. It also invests across several assets such as domestic and foreign equities, domestic or foreign fixed-income or commodities.

Let’s have a closer look at the Dent Tactical ETF (DENT). As the chart below shows, since inception, DENT has delivered miserable returns when compared to the Dow, Nasdaq and S&P 500. In addition, after deducting the 1.5% annual expense ratio, you’d end up with a nice annual loss.

 
 
 
 
 
 
 
 
Take a look at the turnover ratio, at over 500%. A high turnover ratio means the funds asset base is being bought and sold many times over the course of a year. With that much activity, how can Dent’s fund have such terrible returns?
The answer is simple. The fund manager appears to be confused.
Below is a list of DENT’s holdings. As you can see, rather than individual securities, it holds other ETFs.
 
 
 
 
Why would DENT hold different ETFs rather than individual securities?
When you cannot decipher fundamentals and technicals of individual securities in a manner that leads to investment gains, you might decide to revert to a macroeconomic approach in order to determine broad trends. This is the basis behind sector funds or sector allocation. In general, this strategy is largely useless. The problem with the sector-rotation approach is that there is often a disconnect between investment gains and macroeconomics, both in time and correlation.
Furthermore, by rotating in and out of sectors, you miss out on the upside offered by strong fundamentals and/or price momentum of individual securities within the sector. Thus, this approach is utilized by individuals with no ability to distinguish between the fundamental and technical merits of individual securities.
Okay, so the previous chart demonstrated how DENT has been a complete failure. But let’s have a look at the individual ETFs the fund manages and see how each has performed versus DENT. The performance should be fairly close, right? 
Theoretically, if you can add value by actively managing a basket of ETFs, you should be able to outperform the ETFs you are managing by an amount greater than the annual expense ratio, right? Otherwise, why would you pay higher fees?
The first chart below shows the performance of DENT versus the first five ETFs in the list above. The second chart shows the performance versus the second five ETFs.
Are you ready to get blown away? 
Have a close look at the performance of DENT versus the first five of the March 3, 2011 EFT holdings since inception of DENT. 
 
 
 
Now let’s look at the same chart over the 1-year and 6-month time frames.
 
 
 
As you can see, you could have just bought and held any one of these ETFs since inception of DENT over the past year or 6-months and you would have blown away the performance of DENT. This demonstrates the value of DENT’s active management. It’s clearly been destructive. 
Okay, well maybe DENT outperformed the second five ETFs managed by the DENT fund. Let’s have a look at the same time periods (inception, 1-year and 6-month).
 
  
 
  
 
 
 
That’s right. You are reading the charts correctly. Every single ETF listed in DENT as of March 3, 2011 has trounced the performance of the DENT ETF!
Not only does DENT significantly underperform each of the ETFs it invests in, the sheep who own DENT are actually paying 1.5% of their investment each year for DENT to mismanage these individual ETFs to the extent that they have offered essentially no net investment gains (after deducting compounded annual fees) after two years. This is shocking.
In other words, if you had bought and held any one of the ETFs “actively managed” by DENT, you would have made anywhere from decent to a good deal of money depending on which ETF you chose. Furthermore, all you needed to do was to use a buy and hold strategy! 
Finally, if you had purchased any one or these funds (or even a basket of your own) your fees would have been significantly lower.
Now, the ETFs held by DENT as of March 3, 2011 may very well be different than the ones DENT has held in the past. But that really doesn’t matter. All that matters is that DENT has been a complete disaster.
Below is the most recent list of ETFs held by DENT.
 
 
 
 
I never thought I would ever come across anyone who would challenge Martin Weiss’ disastrous performance, but DENT has.
Dent’s Mutual Fund Disaster
The miserable performance of Dent’s ETF is just another chapter in his career of spin, massive marketing, Monday morning quarterbacking, and miserable investment advice. But his terrible track record didn’t stop him from reigning in even more sheep. After Dent became a media whore for CNBC and the fund industry in the late 1990s, he started a mutual fund through AIM called the AIM Dent Demographic Trends Fund (ADDAX). This was a mutual fund ascribing to the Dent “path to riches.”
You see, mutual funds are primarily marketing machines, so AIM wanted to leverage the “brand” name of Dent after he had made countless appearances on CNBC. This also accounts for reason why virtually every one of the so-called experts interviewed by the financial media are all sell-outs, virtually all with terrible track records (I have noticed a strong positive correlation between the frequency of media appearances and the inaccuracy of track records).
These “Wall Street gurus,” “hedge fund managers,” “market mavens” and real estate “experts” realize that the easiest road to riches is to take the path blazed by Donald Trump, Robert Kiyosaki, David Bach and several others; cheese ball branding.
When it comes to mutual funds, it’s all about marketing. The fact is that unless you don’t have much money at all, equity mutual funds are essentially useless due to high fees (which add up over time), lack of risk management, and other disadvantages which assure the fund will be fully invested when the stock market collapses.
See here if you want to learn the truth about mutual funds.
Perhaps the most important thing investors must understand is that CNBC and the rest of the financial media (FBN, Bloomberg, Wall Street Journal, Barron’s, Financial Times, Forbes, Fortune, etc.) interview hacks and/or naïve clowns. And they position them as experts, despite the contrary. The media industry engages in this fraudulent behavior because its objective is to serve those who buy the ads; Wall Street and corporate America.
Thus, the media’s objective is NOT to provide its audience with credible experts with good track records who will guide you. That is merely the perception created by the media. The real objective is to confuse, frighten and mislead its audience such that Wall Street and corporate America are better positioned to take in more money from its naïve audience, whether it comes in the form of steering its audience towards the wrong side of the trade, encouraging more frequent trading activity, or buying into their mutual funds and insurance products.  
Here are some examples.
1. Confusion and excitement as delivered by the trash aired on CNBC creates more trading for online brokers who spend huge sums of money advertising in the financial media.
2. Spin, exaggeration, poor guidance leads to more dumb money entering the wrong side of the trade compliments of the media’s audience (the sheep). Wall Street is always on the right side of the trade, but the media makes you think Wall Street is telling you the right side of the trade when in fact they aren’t.
3. Analysts and fund managers are interviewed by the media where they discuss their favorite stocks, etc. After the sheep audience buys them and pushes up the price, the Wall Street firms or fund managers dump them causing the price to drop. Wall Street also helps lure in the sheep through timely block purchases of these securities shortly before, during or after the segment has aired.
The clowns interviewed by the media know that if they give the media what they want, they will receive more interviews which translates into millions of dollars in free marketing. With media exposure you can sell a very large number of books, even if they are useless for investment purposes.
The list of useless investment-related books published over the past few years alone easily exceeds the one thousand mark. And if it’s a best-seller, you can be certain that it’s useless because that means it’s been well-received by the Main Street, which is largely unsophisticated when it comes to the investment process (at the very least).  
You can also start a mutual fund that delivers miserable performance and sell it for a few $100 million, like David Tice has done with the Prudent Bear Fund.
It’s puzzling why so many investors would remain in a fund that has a short strategy, yet has delivered no net investment gains over the past 15 years despite the fact that the stock market suffered from two of the most severe implosions since the Great Depression.
In the near future I will go over Federated's Prudent Bear Fund. As you will see, the returns have been bearish since inception.
You should note that Tice, Schiff and the rest of the dog-and pony show are all colleagues. The ways one can become wealthy by serving as a media whore are endless.
Financial marketers understand that the real key to riches isn’t by having a good understanding of what’s going on in the investment markets. The key to riches for these guys is getting as much media exposure as they can because this lures in the sheep who will line up to buy any book, newsletter or fund these guys pitch. It’s amazingly sad that so many people are so lazy, naïve and plain stupid not to do the required due diligence on these clowns. 
How did Dent’s mutual fund do?
After raising over $1 billion from CNBC sheep, the fund collapsed due to the implosion of overvalued dotcoms which became dotbombs. The fact is that if Dent had picked some better dotcoms the fund would still be around today.
It should be crystal clear that Dent is no different than others who have been embraced by the media as credible experts - Peter Schiff, Martin Weiss, Robert Prechter, Nouriel Roubini, Robert Kiyosaki and other professional marketers and salesmen. But their track record paints a very different picture.
Perhaps Dent’s greatest achievement has been his entry into the financial media club despite the fact that he is not Jewish. Perhaps his wife is. Most likely, he has some type of connecting into the Jewish media monopoly. As many of you know by now, if you are Jewish you are guaranteed media exposure, regardless how miserable your track record is.
And if you are not Jewish and you don’t have a long list of Jews that you bow down to, you will be completely ignored by the financial media. This is a statement of fact that I myself know firsthand, and I challenge anyone attempt to disprove it. 
The problem is that by banning me, the media takes away not only my livelihood, but they dampen my track record because the media serves as official documentation of predictions. Moreover, without an audience I cannot justify the time and expense of publishing books; not useless motivational or generic books, as is the case with the vast majority of investment books published, but books with unique insight.
In the end, I become a voice heard by very few. This too serves to withhold revenues I would have otherwise received. This impacts the cost of services offered by my firm, diminishes the chance of me every being able to write anymore books, and ultimately serves to position Main Street in front of the Wall Street vultures. In the end, Main Street gets screwed. In the end, Main Street deserves being taken by the media, Wall Street and the snake oil sales men because Main Street never wises up to this con game.  
If I had just one wish, it would be to have 15 minutes of nationwide airtime to expose the crimes of the media; CNBC and FBN, Bloomberg, the Associated Press, Reuters, The New York Times, the Washington Post and the rest of the Jewish-run media monopoly.
Then I’d like another 15 minutes of live nationwide airtime to confront Harry Dent, Martin Weiss, Peter Schiff, Barry Ritholtz, Marc Faber, Robert Prechter, Jim Cramer, Larry Kudlow, and the rest of the clowns who serve as much better contrarian indicators than anything else.
But of course, this is never going to happen because I would expose the truth. And that would end their reign as snake oil salesmen. I can guarantee you each of them would run for the hills rather than to confront me, because they don’t want to get into an argument they know they cannot win.
From the words of an unknown critic regarding Dent…
“There should be no doubt in any reader's mind the dubious nature of Dent's methodology and therefore his projections. More than anything, Dent is an expert marketer of Harry Dent, genius, forecaster extraordinaire.”
If Dent were to write a book about how to prosper by making the best seller list by publishing books that make people believe you have the answers, he might actually help some people make some money for a change. This is his best money-making skill.
Aren’t you sick and tired of being led into the slaughterhouse by guys the media claims are experts when the fact is they only expertise they have is in marketing and spinning their miserable track record whenever they are confronted?
 

If you enjoyed this article, you will LOVE our special portal called the ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes. 

View Mike Stathis' Track Record here, herehere, here, here, here and here.

 

Membership Resources

 


 

__________________________________________________________________________________________________________________

Mike Stathis holds the best investment forecasting track record in the world since 2006.

View Mike Stathis' Track Record here, herehere, here, here, here and here.

 

 

This is the chapter that shows where Mike recommended shorting Fannie, Freddie, sub-primes, homebuilders, GM, GE, etc.

 

 

 


So why does the media continue to BAN Stathis? 

 

Why does the media constantly air con men who have lousy track records?

These are critical questions to be answered.

You need to confront the media with these questions. 

Watch the following videos and you will learn the answer to these questions:

You Will Lose Your Ass If You Listen To The Media

 

  

 

 

  

__________________________________________________________________________________________________________________

 

It is a massive collection consisting of thousands of pages and hundreds of videos exposing hundreds of con men, liars and idiots.

See here for more information.

 

Remember that Mike is not getting paid to save people from the lies about gold, silver and the economy that continue to be spread by the countless number of charlatans who are always in the media.

He does not sell precious metals and he does not sell securities.

He does not even sell advertisements.

That means he has NO AGENDAS.

In fact, he is losing a great deal of money for speaking the truth and trying to save Main Street.

How often do you hear someone spend so much time at work fighting to get the truth out when they should be focusing on sales? With the exception of Mike’s efforts, it NEVER happens.

But let's not also forget that NO ONE has been more accurate forecasting so many different things over the past several years than Mike Stathis. And his track record is in print.

Many have been fooled by snake oil salesmen to think they are on your side, when they are really looking to hook you into their sales pitch.

Mike could focus on producing videos that always highlight his amazing track record in order to generate sales, but he doesn’t.

Instead, he spends a great deal of time exposing the liars and con men out there who are duping millions of people with their gold-pumping, doomsday delusions, even though these efforts are costing Mike a great deal of lost sales.

Just remember this down the road once you look back at this period as a huge fraud perpetrated not only by Wall Street, but also by thousands of doomsday, gold-pumping charlatans. If you do not already realize they are scam artists, you will eventually if you take their advice. That is a guarantee.

Mike Stathis remains the lone voice of reason and wisdom for Main Street.

 

 

  

 

 
 

Print article

Restrictions Against Reproduction: No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the copyright owner and the Publisher.

These articles and commentaries cannot be reposted or used in any publications for which there is any revenue generated directly or indirectly. These articles cannot be used to enhance the viewer appeal of any website, including any ad revenue on the website, other than those sites for which specific written permission has been granted. Any such violations are unlawful and violators will be prosecuted in accordance with these laws.

Article 19 of the United Nations' Universal Declaration of Human Rights: Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers.

This publication (written, audio and video) represents the commentary and/or criticisms from Mike Stathis or other individuals affiliated with Mike Stathis or AVA Investment Analytics (referred to hereafter as the “author”). Therefore, the commentary and/or criticisms only serve as an opinion and therefore should not be taken to be factual representations, regardless of what might be stated in these commentaries/criticisms. There is always a possibility that the author has made one or more unintentional errors, misspoke, misinterpreted information, and/or excluded information which might have altered the commentary and/or criticisms. Hence, you are advised to conduct your own independent investigations so that you can form your own conclusions. We encourage the public to contact us if we have made any errors in statements or assumptions. We also encourage the public to contact us if we have left out relevant information which might alter our conclusions. We cannot promise a response, but we will consider all valid information.


Mutual Fund Disasters (Part 3)

Part 1 (Overview) Part 2  

Mutual Fund Disasters (Part 2)

Previously, we summarized some important pieces published on mutual funds a few years ago. See here. Here, we continue with an in-depth look at how some kid hoodwinked Main Street into sending him...

Mutual Fund Disasters: An Overview

Check below for Part 2. ...

A Look at Harry Dent's Track Record

Update on Dent (April 25, 2015): Check out this new video on Dent, showing his terrible track record Broken Clock Moron Of The Month: Harry Dent   Update on Dent May 3, 2015: M...

Target-Date Funds: Another Dangerous Investment Epiphany

You may have heard of one of the newer (marketing) "innovations" developed by the mutual fund industry called target-date funds. They were launched a few years ago as a way to ensure investo...

More Useless Trash From the Financial Media (Part 2)

Continuing from Part 1 Contrary to the claim that Federated’s Prudent Bear Fund holds more short than long stock positions, if you check the current top holdings, you won't see a single short p...

More Useless Trash from the Financial Media (Part 1)

As I sat at home on this early Saturday morning doing some research, I ran across an article I wanted to bring to your attention.  First, I want you to notice the title. ...

Mutual Fund Disasters: The Rise and Fall of Bill Miller

From 1991 through 2005, Legg Mason’s Bill Miller was the only mutual fund manager to have beaten the S&P 500 Index each year for that 15-year period. That should have been a warning sig...

Why Mutual Funds are the WORST Investments During Bear Markets (Part 2)

As I continue from Part 1, let me explain further why mutual funds can get killed during bear markets. A down market is the best way to lower the cost basis of the fund’s securities positio...

Why Mutual Funds are the WORST Investment During Bear Markets (Part 1)

This article was modified from a portion of the The Wall Street Investment Bible. That’s right. This material is contained with the appendix of the book; not the body. Mike saved even more...

0:00
0:00