Hopefully, after having read Part 1 and Part 2, you now realize that gold certainly isn’t a hedge against inflation; quite the opposite. Accordingly, a buy-and-hold approach is the worst possible investment strategy for the use of gold; that is, unless you happen to get in at during the early stages of a gold bull market. Similar to deflationary periods, major crises are short-term events. In contrast, modest inflation is a universal law. Therefore, gold should only be bought during times of crisis (ideally before). BUT you should NOT hold gold indefinitely. You need to trade it like major financial institutions do. Otherwise you could get crushed (depending upon where along the spike you bought it). Remember, the price of gold is ONLY driven by supply-d...
I have documented some of Max Keiser's biggest scams since the financial crisis as a way to warn those who would be his suckers. In this article, I present a brief review of some of these scams followed by his latest attempt to fool those who are foolish enough to think they will receive accurate reporting from him and RT. REMEMBER, birds of the same feather ALWAYS FLOCK TOGETHER.
For nearly three years we have been discussing important global macroeconomic trends in order to assess the progress and risks of what has been labeled a global economic “recovery.” The illusion accounting for these improvements was created by a global release of trillions of dollars. One of the most prominent characteristics of this “recovery” is that it has been lop-sided, with advanced nations showing very little progress on many fronts. While Australia and Canada have fared relatively well, the U.S., U.K., Japan and Europe have continued to stall, despite claims made by officials and the media that a recovery is in progress. In contrast, emerging nations have performed particularly well. Asia and much of Latin America experienced a recession of short duration. Brazil spent the...
(Updated on December 14, 2010) I hate to waste time on useless scumbag liars and profiteers. However, if you want to be a great investor, you have to be able to recognize trash in order to avoid it. I want to alert you to the latest scam being led by the biggest opportunities, liars and censoring scumbags in the world today. As a manner by which to boost their own swollen bank accounts, disinfo agents Alex Jones and Max Keiser have been promoting a campaign get sheep across the globe to buy silver with the (ridiculous) intent to crush JP Morgan. Their reasoning is as follows. Since the bank has a large short position in silver, if people buy it in hoards it will drive up the price causing them to sell at a big loss. Furthermore, since JP Morgan's short position is (alleged...
Below we have created a video demonstrating how once again, Mike Stathis has accurately nailed the trade in gold and silver. Remember, physical gold and silver is for SUCKERS. The ONLY people who will make money from physical gold and silver are the dealers. This is why they have created a huge wave of lies. The smart money trades the precious metals ETFs. They are very liquid and they have very low fees, unlike the situation with physical precious metals. If you want to elevate your investment IQ to that of a REAL investor instead of being taken for a fool by con men, subscribe to our research today, or you can begin as a Member. The con men are relying on you to remain clueless because this is how they make money. Please keep in mind that we do NOT always notify t......
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 position. Upon closer examination, you will note that nine of the top ten holdings consist of precious metals mining stocks; so much for diversification. BUT, the total percent of these nine positions comes to less than 3% of the portfolio.
Have you ever wondered why most people get screwed in the stock market? Most who lose their ass in the stock market rarely blame the real culprits. So who are the real culprits? Well, if you pay attention to the financial media, then you have your answer.
Question of the Month: Is there a bigger con man in America today than Robert Kiyosaki? That's a good question because he certainly has a great deal of competition. Even before beginning to tackle this question one must first list the various genres known to be loaded with con artists and go from there. For instance, Kiyosaki considers himself a consumer finance, real estate and self-help guy. These are three genres consisting of nothing other than scam artists because they were created by scam artists. So if we view Kiyosaki as a consumer finance guy then Suze Orman and Dave Ramsey are obvious candidates for the top spot. If we view Kiyosaki as a real estate guy, the list of candidates who might qualify to take the top spot is too lengthy to mention.&n...
Many of you know where I stand on gold. Despite having forecast gold to rise to very high prices in America's Financial Apocalypse, the fact is the gold bugs have fooled many to believe gold is a hedge against inflation. They have also tried to scare people by insisting the U.S. will undergo hyperinflation as a way to pump gold further. As I have shown in previous articles, these claims are not true. I wanted to show you an example of the kind of propaganda being spread about the gold and silver.
Over the past decade I have exposed most of the biggest gold-pumping, fear-mongering con artists in the world. In fact, I have been the only financial professional to have done so (check this site for many hundreds of exclusive articles and videos). Think about that. It deserves a good amount of thought and discussion. And it should point to the fact that the financial industry is largely comprised of a self-serving army of hucksters and parasites that seeks to extract money from the public based on lies and manipulation. After having exposed the majority of fear-mongering kingpins, it sometimes gets old when I run across someone I've not previously profiled because their song and dance is essentially the same as the others I've been exposing for more than a decade. I figure e...
Many of you are aware of my forecasts about the economy, real estate, the stock market, gold, oil, etc. from my books, articles and newsletter.
In the past I haven't posted much if anything about Charles Nenner in part because I believe it's pretty obvious that he’s not someone who should be taken seriously after hearing him speak of cycles and other nonsense. Just listen to the guy. He's a complete clown! Similar to most failures in the financial industry, Nenner aligned himself with the gold pumping syndicate many years ago as his market collapse "forecasts" failed to pan out.
Let me be clear about a few things. First, regardless who wins the upcoming presidential election, there will be no real change in America. In order to really understand why you have to know what is goin...
NAR Chief Economist Lawrence Yun continues to prove he's lost in the woods. I'm sure most of you who have followed the real estate market recall his long list of ridiculous predictions. Do you remember when he claimed house prices would rebound in 2007? His quotes continue to supply stand-up comedians with new material. One could reasonably argue that Yun is committing consumer fraud by trying to entice people to buy into a market that is poised to fall further. I suppose he thinks his ridiculous predictions will restore confidence in the real estate market. If in fact his role is to spread optimism, the NAR should be legally required to post an appropriate disclaimer stating their real purpose.
Similar to the previous "bond king" Bill Gross, the performance of the media's new "bond king" Jeff Gundlach is not what you've been led to believe by the financial media. However, Gundlach's performance is much worse than that of Bill Gross. Incidentally, if you're thinking Bill Gross had "amazing" performance as the media claims, that implies two things. First, you trust the media (a poor decision). Second, you haven't examined the details for yourself (another poor decision). Bill Gross' performance is a topic I may go into another time. Always remember this. Never trust the financial media or anyone associated with it or promoted by it. The media lies on a daily basis in order to achieve its dishonest objectives. In addition to having been over...
If you clicked this article thinking I was serious, then I strongly advise you to take notes as you read through this piece. The title of this article, is, never has been and never will be something I will claim to teach you because as much as I know about business and investments, I can tell you there are no secrets, unless you consider hard work a secret. Rather than the title to my own article, this title is the common theme used by the investment gurus; you know, the marketing clowns plastered all over TV and the Internet, preying on the desperate and broke. In the past, I've discussed cheeseball marketers. These are the guys who lie, deceive and use other tactics to make the sheep think they will lead you to easy riches. /article_details-279.html Note that D...
As many of you know, the media black-balled me and continues to today for a very good reason. They are protecting the agendas of their financial sponsors – the financial industry and corporate America, despite the fact that there are not even five individuals who collectively can match my track record. In the future, I will continue to provide examples of just how reckless the media hacks are. It should be a criminal offense for the media to air some of these guys, especially when the media positions them as experts.
These doomsday, broken clock charlatans all seem to spread the same message and that message never changes, does it? The reason for their obsessive repetition is due to the fact that they know that people will tend to believe even the wildest, most ridiculous claims as long as these claims are repeated over and over again, especially if a large pool of individuals repeats the same message. This is basic psychology and it is used as a common tactic by modern day con men. As we have explained many times in the past, modern day con men use a network or syndicate in order to flood their victims with the message they are trying to pitch. As you listen to Mike expose the facts in the video, you should keep in mind that every other gold-pumping doomsday moron has been saying th......
Opening Statement from the April 2018 Intelligent Investor Originally published on April 5, 2018 (pre-market release) As expected, on March 21 newly appointed Federal Reserve Chairman Powell announced that the Fed voted to raise short-term interest rates by 25 basis points, pushing rates up to the 1.50% to 1.75% range. During the March meeting the Fed raised its 2019 estimate to three 25 basis point rate hikes, but kept the current three 25 basis point estimate for 2018 unchanged. This was a prudent move since it’s too early to know whether the economy will be strong enough to need four rate hikes in 2018. We continue to believe short-term interest rates will be raised by at least 75 basis points in 2018 and at least by 50 basis points in 2019. Two Stages of t...
Searching for Sanity Wall Street’s business model is broken. The high stakes game of Russian roulette which Wall Street never seemed to lose, is taking them down one by one. Commercial banks aren’t in much better shape either. In fact, the business model of the entire financial system is broken. And the pain is only going to get worse. Facing pressure from the Federal Reserve and the SEC, in July the Financial Accounting Standards Board withdrew a newly passed rule requiring banks to book their assets at current market value. Why was this rule rapidly withdrawn? Quite frankly, because it would have made every major bank insolvent.