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Jun 27, 2009

Catch a Ride on the Fiber Technology Wave

The biggest risk to the American middle class isn't the rising cost of oil or the increasing scarcity of credit. As real as those potential problems may be, they've got one saving grace in common: Everyone knows about them. We can see them coming on CNN or in the pages of The Wall Street Journal. Experts are working around-the-clock to make sure that they don't get worse.

But while Congress and the watchdog groups focus on solving those giant conundrums, a sleeping problem is creeping up from behind — bandwidth scarcity.

While you may be paying dearly for that blazingly fast Internet connection, industry insiders are flustered about the projected cost raises that will be necessary to meet the sky-high demand for data. Already, the information networks that carry your television programs, phone calls and e-mails are nearing capacity…and without investment today, AT&T expects the Web to reach full capacity by 2010.

And that's nothing — we're already projecting bandwidth needs to increase 100-fold by 2015…

These important deadlines are creeping up on everyone involved in the bandwidth biz. But does it mean that you'll be paying $7,000 per month for cable Internet and digital television services? Thankfully, no…

Today, commerce relies absolutely on the flow of data from the Internet. Hundreds of billions of dollars trade hands online each year — therefore, it's in the best interest of the utilities and our government to keep it that way. That's why giants like AT&T and Verizon are prepared to lay down mountains of money to increase Internet capacity across the country.

Unlike a decade ago, they won't be doing it by laying traditional metal wires. The future is in fiber optics. And we've found an undervalued penny stock that's ready to take advantage of this powerful trend…

Fiber Optics: Your Hidden Profit Generator

Fiber optics are superior in nearly every way to the metal wires that likely feed data to your home. Fiber-optic cables carry more data than traditional cables, and they do so farther, at a lower cost and with less interference.

Instead of running electrical signals through a metal wire, fiber optics work by carrying pulses of light through flexible glass or plastic fibers. Though that may seem like a technology out of the latest Star Trek film, it's not. Companies are adopting fiber-optic technologies in a big way — most notably with Verizon's FiOS service, the first of its kind to deliver TV, Internet and phone service directly to consumers on a 100% fiber network.

Of course, the transition to fiber optics isn't cheap. Verizon's footing a $23 billion installation bill for the cable required to connect 18 million homes to its service by 2010.

This money is going to a few very tiny fiber optic companies. These companies manufacture and sell components and integrated modules necessary to run fiber cables to consumers. It's this infrastructure-building phase where the big profits come in. In fact, we found one $38 million microcap that's actually posting profits. This is unheard of for a company this size, but it's because of its lucrative contracts with Verizon and other future fiber optic providers.

Unfortunately, this company is too small for a list this large. That's why I created Bulletin Board Elite. As you may already know, BBE is an exclusive members-only club — very limited in size. This let's me recommend small companies like the one mentioned above.

I am furiously working on something very special for early next week. I saw that since our limit was reached last month, a few spaces opened up. I talked my publisher into a special, Penny Sleuth-only deal.

I can't give you the full details yet, but I'll be sending you the full scoop at 6:00 p.m. today. I know it's Friday, but you'll want to check your e-mail at that time. I promise it'll be worth your while.

Waiting for the Next Big Wave in Precious Metals Mining Stocks

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The current situation in the junior mining stock sector reminds me of times when I enjoyed surfing as a young man.

While there were moments of shear exhilaration as the waves would suddenly come alive, there were also moments of monotonous boredom, waiting for the next big set of waves to arrive. In the process, the number of surfers in the water would dramatically change with the circumstances.

The parallels between surfing and investing in junior mining stocks at the moment seem applicable. We are definitely in the boring, monotonous phase where many investors get tossed off this bull's back.

It was always fun, however, to be in the water or near the beach (market) when the waves suddenly kicked back into gear. Many times those who waited patiently got the greatest reward and enjoyed the best surfing (market action) with the least amount of surfers (investors). As the crowd of surfers/investors who were not near the water (market) would get word that the surf was up and head for the beach, the best action had already passed.

For now, we are just bobbing up and down with the gently rolling swells and positioning ourselves for the next big wave. The wave action is very volatile and can change very quickly just as our commodity and junior resource top stocks 2010 have recently shown. But one thing is clear in my mind, the next big set of waves are on their way!

Bullish Outlook for Precious Metals and Junior Miners

The market is building a foundation for the next major wave higher in both the precious metals and junior mining stocks. Things may remain quiet with the junior sector for the balance of the summer, but I believe we are seeing the spot prices solidify because the fundamentals for this super bull market are not only alive and well but getting better by the week. Just look at the facts...

The U.S. dollar is in a major bear market, the US Government debt levels are completely unsustainable, and the geopolitical front looks tenuous at best.

On top of that, demand for gold is very strong. It's being sought as a monetary asset, and as more central banks of the world add gold to their reserves. This trend will continue to grow.

Identifiable investment demand for gold was up almost 250% during the first quarter of this year, compared to the first quarter of 2008.

Meanwhile, gold supply is not increasing but looks very stagnant. Mining companies cut exploration and development budgets as a result of the global recession, which has now put them behind the supply/demand curve. And it always takes a long time to bring new supply to the market.

Overall, gold mine production was only up 3% in the first quarter of 2009 compared to the same period last year. And demand is expected to outstrip supply for at least another five years, probably longer. These factors will push gold up for years to come.

We continue to bob in the swells looking for value and exercise patience knowing that the next big wave for the precious metals and junior mining stocks will soon be on its way!

Where the Bailout Money is Really Going

Pity the rich. Pity the CEOs. Pity the capitalists.

Poor Warren. He's down to his last $25 billion. And Bill Gates can barely hold his head up; his pile has shrunk to barely $18 billion.

And do a Google search of "AIG outrage" and you will get 621,000 hits.

Alas, being rich isn't as easy or as much fun as it used to be.

The rally paused yesterday. The Dow lost 7 points. It could be over. More likely, it will run for a few months. Gradually, people will come to think that this is the real thing. They'll begin to imagine that it is 2003 all over again. Of course, it's not...this market has nothing in common with the Great Rebound of 2003-2007. (More below...)

Oil traded at $47 yesterday; it is slipping toward the $50 level. And the dollar is slipping around too - it is losing ground against the euro, now trading at $1.29/$. But it is mostly steady against gold, which seems to like the $900-$950 range...for now. We have a feeling it's going to go much, much higher before all this is over. See here.

AIG is today's main story. Everyone is appalled, outraged...or apoplectic about it. First, we under-reported the amount in bonuses paid out. The real amount is $450 million, says the Wall Street Journal...and one member of Congress charges that many bonuses were disguised as other things...and that the real total is more like $1 billion.

The average lumpenvoter has no idea how bailouts work. He was willing to believe that giving Wall Street hundreds of billions in taxpayer money would somehow make his house go up in price, but now that he sees how it really operates, he is ticked off about it. He may not understand macroeconomics, but he knows chicanery when he sees it.

Under pressure, AIG revealed what it did with the bailout money. It came as no shock to us to discover Goldman Sachs at the top of the list of recipients. Goldman's main man was in the room with the feds - the only representative of Wall Street - when the decision was made to rescue AIG. What's more, the feds' main man at the time - Hank Paulson - also used to be the top honcho at Goldman. So the fix was in. The government gave money to AIG and AIG gave it to a long list of speculators - including Goldman.

This seems perfectly natural to us. If we'd been in on the fix we would have steered some of the loot our way. But the politicians are feigning shock and horror. Senator Grassley even said AIG management should "resign or commit suicide." He later calmed down and said he didn't mean it.

But we would have simply edited his remarks, giving the schmucks at AIG a last chance to exit with honor: "Resign AND commit suicide, in that order."

Barney Frank added that "maybe it's time to fire some people." Why not? The feds own 80% of the insurance giant now. Go ahead; fire all the people you want. That's about the only pleasure a real capitalist has left to him. Reach out...and fire someone today!

Elsewhere in the news, the economy continues to deteriorate. Industrial production fell 1.4% in February. And credit card defaults are at a 20- year high.

Misters Smoot and Hawley seem to still be on the federal payroll. The news this morning is that they began a trade war with Mexico and the Mexicans have already retaliated. That's all we know about it...

But back to the tribulations of the rich...

First, Mr. Market is downsizing fortunes - fast. In the last 12 months, the average rich person has probably lost half his wealth. Not only did he own millions worth of top stocks and real estate...he was also among the privileged few to get into good deals on derivatives, SIVs, hedge funds and private equity. Many of those complicated and conflicted assets have been wiped out completely. Or, maybe he was unlucky enough to count Bernie Madoff as a friend.

Second, what Mr. Market doesn't take, Mr. Politician is looking at. All over the world, plans are afoot to increase his taxes...and close down his tax havens. President Obama has already revealed his plans to soak the rich. Every other group will come out even...or better...from Obama's tax proposals. But the rich are going to be saturated...marinated...soaked to the bone.

And third, the poor rich guy has become a pariah. He doesn't get invited to charity events anymore - or even to join the guys after work for a beer. Europeans have always distrusted rich people. But in America, a rich man used to be respected - just because he was rich. People asked his opinion on politics...on fashion...on art. He was presumed to be an authority on all things and was generally treated with respect...even deference.

But now rich are seen as chumps, losers, incompetents and malefactors. Even Americans look at rich people and think they must be either stupid or corrupt.

"Le secret des grandes fortunes sans cause apparente est un crime oubli , parce qu' il a t proprement fait." said Balzac. Which has been paraphrased to "Behind every great fortune lies a great crime." Of course, he was referring to France, where it is has probably always been true. Money is dirty in France. But in America, money was supposed to be clean...innocent...honest and forthright. The richest man in town always sat in the front pew in church and stood for election to local office.

But come the depression and even the rich suffer. And unlike the starving urchins, unlucky widows and innocent orphans, no one cries a tear for the rich. Here at The Daily Reckoning we always take the side of the underdog...and always support the lost cause. So when we think of the rich...those darling people with their Italian suits...German cars...and Swiss bank accounts...our cheek gets a little moist. For we - and we alone - still admire and respect the rich. Of course, the rich are human beings too - just like the rest of us. And yes, dear reader...we still despise them as much as anyone else. When it comes to intelligence or moral rectitude, they are probably no better than the lower classes, though probably no worse. But we still admire and respect their money. Their money is no better either - but they have more of it.

Now over to Baltimore, where Addison at The 5 Min. Forecast gives a St. Patty's Day look at the Emerald Isle:

"What's the difference between Iceland and Ireland? 'one letter and six months,' or so goes a joke making its way around the Internet," writes Addison.

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"Aye, on this St. Patty's day the Emerald Isle is suffering the mother of all hangovers; the embodiment of a boom gone bust.

"With official unemployment now over 10%, GDP shrinking at a 6.5% clip, a proper housing crash and a 10% federal budget shortfall, Ireland has seen it's glory days crumble into one of the Eurozone's most beaten down economies.

"Ratings agencies are on the verge of downgrading Ireland's sovereign debt, which will assuredly make the whole matter even grimmer.

"The opening joke is so pointed," Addison continues, "Irish Finance Minister Brian Lenihan is now on a global PR tour to help rekindle the world's love of shamrocks and Guinness. Despite Lenihan's denials, many expect the IMF to swoop in and become Ireland's banker of last resort."

Addison writes every day for The 5 Min Forecast, an executive series e- letter that provides a quick and dirty analysis of daily economic and financial developments - in five minutes or less. It's a free service available only to subscribers of Agora Financial's paid publications, such as Options Hotline, which has had an astonishing run lately: in the past two and-a-half years, each of the recommendations have been winners. See the track record for yourself here.

Back to Bill in Paris...

It's NOT 2003. Just in case you had any doubts.

You remember 2003? After a phony recession in '01-'02 came a phony boom in '03-'07. Top stocks had driven into a ditch following the crash of the NASDAQ. The Dow had fallen down to about 7500. And then, when it looked like they were going nowhere for a long time...along came Alan Greenspan's friendly towing service. In a jiffy, he winched the economy back onto the road...and it was soon flying along at the fastest speeds every recorded. The Dow went all the way to 14,000 and beyond...before crashing into a stone wall.

And now the financial media is on "bottom watch." No, we're not talking about the kind of bottom watching you do on a Brazilian beach...we're talking about looking for the end of this bear market.

"Are hot stocks and oil bottoming," asks a headline at Seeking Alpha.

"How will we know..." when we hit the bottom? Asks the New York Times.

The answer: we will know when we no longer want to know.

For the moment, we believe we are beginning a classic rebound. The news seems to have turned positive...along with the weather. It's sunny and warm in Europe this morning. And investors are focusing on the positive.

"IMF poised to print billions in global quantitative easing," says a headline in London's Telegraph.

All over the world, the feds are working the pumps. And investors are watching their little boats begin to rock. If history is any guide, this rebound will recover 20% to 50% of what was lost. Then, the bottom - so recently spotted and revered - will fall out.

This is not 2003. In 2003, there was no collapse of the financial sector...banks didn't fail...major companies didn't face bankruptcy...consumer spending didn't fall...house prices didn't collapse...savings rates didn't go up...capitalism wasn't called into question...there were no tax rebates...there were no bailouts...not even a stimulus plan (though the feds did spend much more money...and the Fed did cut rates to 1%).

This time it's different. This is not a recession. Not even a phony recession. It's a very real Depression with a capital D...and all that goes with it - including whole industries that go broke, a credit crunch, a big drop in consumer spending, a huge political shift toward socialism, interest rates at zero, falling prices, and widespread bankruptcies - both of households and companies.

In 2003, a quick cut in interest rates - along with a boost in federal spending - produced a fast turnaround. Within months, prices were rising again. Consumers didn't even pause...they kept spending and borrowing all the time. This time, the world has never seen stimulus efforts of such huge magnitude - and still no real uptick. This time, consumers are running scared...they're losing their jobs and closing their wallets. This is the real thing. It won't end quickly...or easily.

Here's a calculation for you. The amount of excess debt in the United States is about $20 trillion. That's the difference between the usual level debt - about 150% of GDP - and today's level - about 350%. That $20 trillion in surplus debt probably has to disappear before a true growth cycle can begin again. The best way is simply to let nature take her course. Much of it would be written off in a few months. But the feds won't let that happen. They're doing all they can to prevent assets from getting marked down...and to prevent debt from getting written off. So far, they've committed $11.7 trillion to the fight against debt deflation.

So instead of writing it off, it will have to paid off...or ultimately, inflated off.

Currently savings rates have risen from zero to about 3% of GDP. That's about $420 billion per year put to paying down the debt. Let's see, at that rate, how long will it take to erase the $20 trillion in excess debt? Hmm....about 47 years!

make you a fortune during this crisis!

It's been around for the last 20 years.

And even though the U.S. Government won't officially acknowledge its existence, it's about to make you an absolute fortune.

It's called the Plunge Protection Team -- and the secretive committee's primary responsibility is to manipulate the U.S. financial markets and prevent devastating collapses.

But here's the critical part:

The Plunge Protection Team - at this very moment - is pushing the U.S. market artificially higher... but not for much longer.

You see - they've exhausted nearly every trick they know just to push the Dow back toward 9000... in search of a solution for an imminent market collapse that could have a devastating effect on the U.S. economy.

But the fundamental collapse of one market in particular is as close to a sure thing as there can be.

It's the Commercial Real Estate Market. And there's nothing anyone in Washington can do to prevent its complete demise.

The potential exists for not only $1 trillion worth of damage and defaults - but also a collapse of the banking system... a stock market crash... and soaring unemployment rates.

The cracks in the foundation of the commercial real estate market are simply too deep for anyone - including the famous "Plunge Protection Team" - to prevent a total disaster.

I've got the numbers and scary details to prove it. But I also want to make one thing abundantly clear...

This crisis doesn't have to wipe YOU out. As a matter of fact - as long as you see it coming and take a few simple steps - you'll actually see it as one of the biggest profit opportunities of your lifetime.

How is it possible for you to actually make a fortune as a direct result of a historic market collapse?

The answer lies in a special type of investment that has been in existence for 372 years. It's a simple investment that allows you to not only survive a market disaster - but also collect double- and triple-digit profits all along the way.

I've just put the finishing touches on four new research reports that spells out exactly how you can take advantage of this centuries-old investment to capitalize on...

I'll show you how you can claim your copy of these reports - FREE of charge - in just a moment.

First, though, I need to tell you why...

The Commercial Real Estate Collapse Could Cripple the Markets

Listen - I'm no doom-and-gloomer. Not by any stretch. I love a roaring economy and a fast-moving bull market in top stocks as much as anyone.

But I have to call things the way I see them.

And there's nothing that can prevent the commercial real estate market from an historic collapse. You see, the potential damage of a catastrophic drop in commercial real estate values could total more than $1 trillion.

At best, we're a few months away from this market explosion. At worst, it could be happening even as you read this letter.

But don't just take my word for it. Here's what one of the most respected commercial real estate strategists in the U.S. said on national television recently...

"When you talk about the banking sector, we're talking about a major impact, another blow to the belly of the banking sector when commercial real estate really hits. We've just seen the tip of the iceberg so far." - Phillip F. Blumberg, chairman and CEO of Blumberg Capital Partners on CNBC 5/14/09

It's vitally important that you take the steps needed to prepare yourself now.

Failure to prepare for this coming disaster could lead to devastating losses in the stock market or your retirement account.

But by taking a few simple steps - which I'll tell you all about below - you can position yourself to receive large payouts while the commercial real estate market nosedives. Best of all... these payouts are 100% legal and potentially unlimited in size and number.

Here's what I mean...

Because of a lethal combination of soaring vacancies... declining property values... and an inability to refinance - commercial property owners are in deep, deep trouble.

And with a commercial real estate market currently valued at more than $6.5 trillion - it's easy to see why the U.S. Government is highly motivated to prevent a collapse.

A collapse of the commercial real estate market would serve as a final "death" blow to the nation's banking system (which has nearly $2 trillion worth of exposure)... crash the U.S. stock market... and effectively cripple the operating capacity of the Obama administration.

They've done a fair job of holding things together for the moment... but that's about to all come crashing down in a huge way.

Why the Commercial Real Estate Market is a Ticking Time Bomb

At this very moment, there are three critical elements to this crisis - and they're all bad news.

1. Commercial property values are in a free-fall - In fact, according to the Wall Street Journal, four years worth of gains in value have been wiped out since the beginning of 2008. And it's possible that property values could fall by as much as 50% from their peak when all is said and done. Take a look:

20090611 chart 2

2. Vacancies are soaring! - You don't even need me to tell you about this truth. Just take a look around your local mall, shopping plaza or office complex. In many cases, it's like an absolute ghost town.

In fact, according to the Wall Street Journal, "The value of offices, apartments, hotels, warehouses and malls has fallen to March 2005 levels."

Below I've listed some truly shocking numbers. According to research firm Reis Inc., delinquency and default rates for securitized commercial real estate loans are expected to continue soaring at an astonishing rate.

3. Refinancing is NOT an option - The vast majority of commercial real estate mortgages are designed differently than the mortgage you might typically use to buy a home. In most cases, commercial mortgages are actually designed to be refinanced after a period of 5 to 10 years.

But because of the recession, banks have made the underwriting standards much more difficult these days.

So in some cases, even the best refinancing candidates are having trouble getting new loans as their old loans come due for refinancing.

Here's what I mean:

Bank lending for commercial projects in the first half of 2009 is on a pace to reach about $25 billion. And that sounds like a big number.

But consider this - at the height of the market, bank lending was at $33 billion per quarter for commercial projects.

And as for securitized commercial mortgages? Forget it - as this graph proves... that game is over.

So with roughly $530 billion in commercial mortgages coming due for refinancing in 2009-2011 - and some estimates showing that as many as 68% of loans maturing during that time will FAIL TO QUALIFY for refinancing, I must ask the question...

Why Hasn't This Market Already Exploded?

The truth of the matter is... this bomb likely should have detonated by now.

But thanks to the actions of the Plunge Protection Team... disaster has been postponed - for the time being.

The government is desperate to keep the "other shoe" - commercial real estate - from dropping like a lead balloon. Because they know just how extensive the damage will be.

Before I go any further - let me clarify...

The Plunge Protection Team is not some urban myth or Oliver Stone-style conspiracy theory.

It's real - even though the U.S. Government still refuses to own up to its existence.

But my new research reports - which I'd like to give you FREE of charge - gives you everything you need to know about the Plunge Protection Team, its impact on this crisis, and how you can profit -- handsomely -- from this information.

In the meantime, here's the "Cliff's Notes" version...

The Plunge Protection Team - Interfering With YOUR Financial Markets Since 1988
 
The Plunge Protection Team has been in existence for more than 20 years - it was created by the Reagan administration in response to the stock market crash of October 1987.
The secret standing committee is made up of a mixture of government agencies, stock exchanges, and large, influential Wall Street firms.
The Team's primary role is to prevent catastrophic market downturns - or, as a 1997 Washington Post article put it, "the group aims to prevent the smoothly running global financial machine from locking up."

Sounds good, so far, right? After all - who wouldn't be in favor of preventing a devastating stock market collapse or a "locking up" of the financial system?

Well, there's more...

In spite of the fact that a former top advisor to the President of the United States acknowledged the existence of the Plunge Protection Team on national television... the U.S. Government still adamantly refuses to acknowledge its presence.
In some cases, the Plunge Protection Team responds to a crisis by "gently persuading" large banks to buy best stock index futures - thus stopping the bleeding in a fast-moving bear market.
In other cases, though, the Plunge Protection Team has been accused of going even further - using government dollars to buy stocks or stock index futures.
And more recently - in April 2009 - a number of observers noticed some unusual patterns in the "program trading" of the New York Stock Exchange - a pattern that suggested someone may indeed be working to "prop up" the market with large amounts of buying.
Even more suspicious in that frenzy of April 2009 buying was the fact that the largest trader - with a volume five times higher than the second-largest trader - was none other than Goldman Sachs.

I don't even have to remind you about Goldman Sachs' extraordinarily "cozy" relationship with the U.S. Government.

Again - I'll spell all of this out in more detail in the research reports I'd like you to have right away.

But here's the important thing for you to know: There's a mountain of evidence that shows that the U.S. stock market has been propped up by the government - and the firms it is "friendliest" with - over the past 12 months.

You see, the powers-that-be have strong motive to cut in and manipulate our markets, and you'd better believe they have the means to effect these changes.

But all this artificial "propping up" is about to come to a sudden - and devastating - end.

Because this time, the crisis is simply too large. At best, the Plunge Protection Team can call in more favors - and use its remaining clout - to keep the market from collapsing for a few more weeks.

But when the staggering number of commercial real estate defaults begins to pile up, there will be absolutely nothing the boys in Washington - or on Wall Street, for that matter - can do to prevent the explosion.

Fortunately, though, there is still something that you and I can do about this collapse. No - we won't be able to prevent it... but we can prevent it from devastating our retirement accounts.

In fact, with one simple phone call - and by taking advantage of a simple technique that has been used for more than 370 years - you can position yourself perfectly for a succession of double- and triple-digit profits as the commercial real estate market collapses.

How the Great Commercial Real Estate Collapse Will Unfold

Truth be told... the fuse has already been lit.

The history books will show that the Great Commercial Real Estate Collapse of 2009 actually began on April 16.

That's the day that General Growth Properties, Inc. (GGP) - the second largest mall owner in the United States - filed for bankruptcy.

With that one filing, a company with more than 200 properties filed the biggest real estate bankruptcy in U.S. history.

But here's the problem - General Growth Properties was just the beginning...

Thousands of commercial mortgages - totaling roughly $530 billion - coming due for refinancing in 2009-2011.

But - as I showed earlier - the lending market has almost completely dried up.

In fact, some estimates show that as many as 68% of loans maturing during that time will FAIL TO QUALIFY for refinancing.

And if those commercial buildings can't be refinanced, prices will plunge rapidly... and we'll soon see a bust just like we've seen in the housing market.

Listen... there's a reason why the imminent collapse of the commercial real estate market has been the top priority of the Plunge Protection Team for months.

They know that once the commercial real estate market begins to collapse... the banking system is in grave danger.

All of that hard work - and all those billions of dollars - to help stabilize the banking industry?

Out the window. All of it. And as soon as they're hit with massive commercial real estate defaults - the U.S. banking system will be devastated.

But that's only the beginning. Because bad news from commercial real estate - and the banking sector - will almost certainly cause the stock market to crash... and who knows how low it will go this time.

Couple all of that with the fact that thousands of construction, real estate and other jobs are sure to be lost as a result of this crisis... and you've got a financial crisis of the highest order on your hands.

This is an urgent matter - and it requires your immediate attention. But as I've said... it's possible for you to avoid being wiped out as a result of this collapse. In fact, I've spelled out - in clear detail - in my new reports just how you can...

Protect Yourself from this Disaster - and Make Obscene Amounts of Money along the Way

It might sound a bit crazy - but it's possible to collect regular, substantial payouts in the midst of a historic market collapse.

In fact, it's not only possible... it's actually rather easy.

The key to collecting these payouts is actually a centuries-old investing strategy that was specifically designed to take advantage of crisis situations just like this one. Truth is... this powerful strategy sets up perfectly for this scenario.

The first known instance of this strategy being used came all the way back in 1637. And while it may not be the most popular - or the "sexiest" - investing technique you've ever heard of... it figures to pay off in a huge way over the next several months.

All it takes is one simple phone call to your broker to put this strategy to work for you. And here's the best part - in my new research reports I'll tell you exactly what to say when you call your broker in order to make sure you take full advantage of the profit potential.

I've spent the better part of the past two years examining the real estate market as a whole - and the commercial real estate "nightmare scenario" is the first thing I investigate each morning.

In this letter, I've spelled out some of the details as to how this scenario will unfold in the months ahead... but the truth of the matter is - I haven't done all of this research because I enjoy the "doom and gloom."

Simply put - I want to make money. Lots of it.

And I've discovered a handful of unique investments that will allow us to take full advantage of what figures to be a historic market event.

In my research report - titled Commercial Real Estate: How to Profit When the Other Shoe Drops - I'll show you exactly which investments I think will provide the biggest potential payoff.

And I'll tell you everything you need to know in order to take full advantage.

Introducing... The Wealth Advisory

Before I go any further... I should introduce myself. My name is Steve Christ. Since 2006, I've served as managing editor of Wealth Daily. I'm also the Investment Director of The Wealth Advisory.

I developed The Wealth Advisory as a vehicle for investors like you to capitalize on situations just like the one we're facing right now with the imminent collapse of the commercial real estate market.

With each "Big-Picture" opportunity comes a chance to employ a carefully-selected investment - like the 372-year-old strategy we're using in this case - and get in ahead of the masses.

Let's be honest - the market eats naïve investors for breakfast... especially in turbulent times like those we're living in right now.

That's why it's so important you have an appropriate, rock-solid investment philosophy... as well as sound research and advice.

And that's where The Wealth Advisory comes into play.

You see... The Wealth Advisory goes far beyond winning stock picks. We don't just deliver investment recommendations that can help members build a lifetime of wealth.

Net Cumulative Gains of 648% in the Midst of the Worst Bear Market in Decades

We launched The Wealth Advisory in January 2008.

During the ten months we've been making recommendations, the Dow has dropped 31.9%... the NASDAQ has dropped 25.2%... and the S&P500 is down 36.8%.

How have Wealth Advisory subscribers done during this difficult time?

We've posted a cumulative net gain of 648% on our closed positions... with more gains still to come.

Here's a peek at just a few of those closed positions so you can see for yourself just what kind of gains are possible - no matter what kind of market we're in...

Adobe Systems Inc. (ADBE:NASDAQ) closed with a 32.28% gain in 11 weeks.
Converted Organics Inc. (COIN:NASDAQ) closed with a 42.11% gain in two weeks.
FXP UltraShort FTSE/Xinhua China 25 Proshare (FXP:AMEX) closed with a 27.23% gain in four weeks.
Morgan Stanley China - SHORT POSITION (CAF:NYSE) a 32.51% gain in four weeks.
PowerShares DB Commodity Idx Trking Fund (DBC:AMEX) a 14.26% gain in eight weeks.
PowerShares DB Energy (DBE:AMEX) a 15% gain in nine weeks.
VMware Inc. (VMW:NASDAQ) a 44.44% gain in eight weeks.
Chesapeake Energy (CHK:NYSE) a 15.4% gain in 6 weeks.
UltraShort QQQ ProShares (QID:NASDAQ) an 11% gain 4 weeks.
PowerShares DB Oil (DBO:AMEX) a 49% gain in 5 months.
UltraShort FTSE/Xinhua China25 Proshare (FXP:AMEX) a 16.45% gain in 2 days.
UltraShort MSCI Emerging Markets Proshare (EEV:AMEX) a 19.6% gain in 2 days.
W.R. Grace & Co. (GRA:NYSE) a 72.12% gain in under 3 weeks!

Again... that's a cumulative gain of 727.7% vs losses of only 79.7% or a net gain of 648%!

Not bad for a bear market.


Here's How You Can Get Started Today

The coming collapse in the commercial real estate market will have a potentially life-altering impact on your money. That's why you need to take action now in order to safeguard your wealth - and profit - by taking advantage of a 372-year-old investing technique that is perfect for this very situation.

So here's all you need to do in order to get started right now...

Step One - Sign up for a risk-free, trial subscription to The Wealth Advisory. The minute you sign up, you'll be granted immediate access to my four new reports:

Commercial Real Estate: How to Profit When the Other Shoe Drops
The Secrets of the Plunge Protection Team
The 376-Year Old Investment Technique That Never Fails in a Down Market
Safe Harbor Savings Account - How to Sit Back and Become a Millionaire

Step Two - Read over the reports as soon as you can... and simply follow the step-by-step instructions I've provided. Once you're armed with the information in my reports, one simple call to your broker should do the trick.

After you've taken advantage of the information in my up-to-the-minute research reports, I encourage you to take a look around our members-only web site. While you're there you'll have full access to The Wealth Advisory archives as well as our complete portfolio.

The one-year subscription price for The Wealth Advisory is an absolute steal at just $79.

For roughly $1.50 per week, you'll get my FREE research reports... and access to a portfolio that has produced a cumulative net gain of 648% in the past 18 months alone.

And remember - you're protected at all times by my...

100% Iron-Clad Guarantee

I'm so confident that you'll be more than satisfied with the research and recommendations found in The Wealth Advisory that I'm willing to assume all of the risk for your subscription.

Here's what I mean...

If, for any reason, you're not completely satisfied with The Wealth Advisory, the 2010 top stocks in it, or the level of research presented, simply let me know within your first 30 days and I'll personally refund every penny. No questions asked.

Plus, you can keep my four special reports. It's my gift to you.

And after your first 30 days, if you decide to cancel - again... for any reason - just let me know and I'll issue an immediate refund for the pro-rated amount of your remaining subscription. And again... the FREE reports are yours to keep.

Remember... all the risk for your subscription cost is on my shoulders - so there's no reason for you NOT to take a moment to claim your FREE reports.

Weekend Market Report

There is no bottom for housing. . . at least not near term.

But there is somewhat of a silver lining.

You see, when it comes to an "improving" housing market, you can just about ignore the mainstream press and Wall Street hot shots who would have you believing in a bottom or the illusion of strength.

Jim Cramer, who has constantly called for housing bottoms since the market topped out in 2005 and continues to declare that "Housing Has Officially Bottomed," should be ignored. Heck, his August 2008 prediction of a Q3 2009 bottom is still laughable.

Alan Greenspan is wrong, too... having alerted us that the decline in the U.S. housing market "may be bottoming" and that it's "very easy to see" financial markets continuing to improve.

But what they fail to see is the very thing Brian Hicks, publisher of Wealth Daily, mentioned this week: "The U.S. economy can't bottom until banks and financials bottom. . . and banks and financials can't bottom until housing prices bottom." And with home prices expected to fall another 14%, according to Deutsche, recovery is a ways off.

Worse, according to Steve Christ this week, 22% of all Americans are underwater on their mortgages. And, "according to Fitch, home prices will fall an additional 12.5% nationally and 36% in California, with home prices not exhibiting stability until the second half of 2010. . ."

But 2010 may be a bit too optimistic, in my opinion. Resets don't level off until September 2012, at best. 
option arm resets 2009

Tell me, where's the economic recovery going to come from, as ARMs reset over the next 24 months, and higher unemployment results in surging prime mortgage defaults? The only things we'll see more of are foreclosures and declining home values. And that doesn't sound like bottoming to me.

Just as we've been warning, the next phase of the real estate disaster is upon us. It's only shifted from subprime, to Alt-A, to prime. And with many economists predicting unemployment will rise into the double digits from 8.9%, foreclosures will only accelerate, which will add to bank losses, which will add pressure to the financial system and broader economy.

"Things have gotten so bad in the housing market that the S&P has lowered its ratings on 102 classes from 33 U.S. prime jumbo residential mortgage-backed securities issued from 1998 to 2004. That's notable because these securities were previously thought to be safe, due to when they originated," said Steve.

But as I said, there is a silver lining. It'll take some patience, though, as it's about three to four years off.

But as soon as resets begin to level off, then we can call that housing bottom. Any predictions from the Street before that are just guesses. Patience, though, will be rewarded.

You're looking at the golden opportunity of a generation

People usually buy gold because it's a hedge against inflation - and a hedge against the falling dollar. These are fine reasons to pad your portfolio with the yellow metal...but they won't make you rich.

If you use gold as a hedge, it means (under the best case scenario) that gold only lets you hold onto your purchasing power.

If you want to get rich - really rich - with gold, now's your chance. The gold market is handing us a once-in-a-lifetime opportunity - you just need the guts to take it.

The last players working this unique move saw a 15,090% gain in less than two years.

Do you think you can handle that? If so, we urge you to read on.

You've taken an awful lot of crap over the years.

You know what I mean — your friends and neighbors who thought you were bats**t crazy for talking up gold.

Or maybe you never even brought it up. Because you knew how they'd react.

Of course, everything that's happened over the last ten years has proven you right.

From $252 then to over $900 now. A 257% increase. Up every year the last nine years. While top stocks of 2010 lost out big-time. And that's before inflation.

You were right.

But there they are. Those SOBs. They still laugh.

Doesn't matter their 401(k)s are trashed. Doesn't matter they're planning to work another five years to get to retirement. If they're lucky.

They still think you're a schmuck for being a gold bull.

Wouldn't you love to stick it to them? Once and for all?

Now's your chance.

Even if you don't like flaunting your wealth imagine doing it just once. Just to show them one last time that you were right. Because you made one ballsy move this month.

I think that's the kind of opportunity the gold market is handing us right now.

This is a turning point in market history.

But I'll warn you right now. If you thought buying gold was an act of courage, brother, you haven't even begun to be tested yet.

One Step to Getting Rich - And Only One Man in 100 Has the Guts to Do It

In fact, not one man in 100 has the guts to do what I'm about to show you.

And I don't want you to do it either.

Not if

You're going to feel guilty driving a better car living in a bigger house or thinking the champagne your friends serve tastes like swill

Don't do this if you have any hang-ups about money or being wealthy.

Because if that's the case, this ain't the letter for you.

Don't do this, either, if you don't have guts. Or you don't like hitting home runs. Or you don't have an intense, overwhelming desire to pile up riches.

In short this letter isn't for wimps.

In fact, it isn't for the mainstream in any way at all.

I want only a few people. A handful. And only the right ones.

Everyone else, for all I care, can take a flying leap.

Still with me? Good.

Because that's exactly what I guessed about you which is why I'm writing you in the first place.

But before I go any further, I'll ask you a question. It's going to sound really dumb. But I don't care.

What Got You Interested in Gold in the First Place?

Seriously, why?

I bet the first thing that comes out of your mouth is this: "It's a hedge against inflation." Or, "It's a hedge against a falling dollar."

And you're absolutely right.

And it's why you'll never get truly wealthy unless you listen up to what I'm saying — because physical gold will never make you rich.

I mean, think about it: What's the essence of the word hedge? Just look at a thesaurus. What do you see there for synonyms? Equivocate, dodge, sidestep, pussyfoot.

In other words, you buy gold to cover your ass in case the world goes to hell in a handbag.

Now don't get me wrong. That's an excellent reason to buy gold.

But it won't make you rich.

After all, if gold is a "hedge" against inflation or a falling dollar, that means under the best-case scenario, gold only lets you hang on to your purchasing power. It won't give you a shot at getting rich.

You want to get rich. Really rich? Where you can throw it back in the face of all the people who laughed when you talked up gold?

All you have to do is take one simple action this month. If you think you can handle it.

Last Time, This Move Paid Out 15,090% in Less Than Two Years

The last time anyone did what I'm about to show you, players working the move saw a 15,090% gain in less than two years.

Just before that, the same move paid out over 13,025% in 22 months.

It could easily do as well or better today.

But I want to make this very clear: To accept this invitation you want to make absolutely sure your mind is ready to accept the recommendation I'll send you in a special report.

You have the steel to handle a little criticism. Or maybe a lot. Become a player in this market and the people closest to you might think you're out of your mind.

Your wife will try to talk you out of it.

But if this pays off she'll thank you for the new diamond necklace you can buy with a tiny fraction of your profits.

Your friends won't understand even if you explain it ten times.

But if this pays off they'll be hitting you up for loans.

Can't handle that? Might have to get new friends.

And your new friends might not be up to your new standards.

Their champagne? Not good enough, compared to yours.

Their private jets? Not fast enough, compared to yours.

The mountain air at their retreats? Not sweet enough, compared to yours.

You wouldn't just be rich. You'd be "Miserable Rich."

Think you're up for that? Great. But the players who do this right? They have more than this steel I just described.

You also have the stomach to sit on a paper loss. Here's how this works. It's very simple. All you have to do is follow through on some basic recommendations I'll email you as soon as you tell me to.

You place a phone call if you want to execute the recommendations.

Fair warning. Some of these positions, you might see them fall 50, 60, even 70%.

That's when you should want them more.

Sounds crazy, I know. But that's what successful players in this market do. In fact, you'll actually start to look forward to the times when these positions pull back.

It just means you have a chance to pick up more bargains. It's like a gift from the market gods. It could put you in an even better spot if it all pays off.

By now, I think you get the idea:

No Wimps Need Apply

See, this invitation isn't for conservative investors. But it's not for traders or speculators, either. 

This is for a tiny minority willing to learn about one simple action that — if you have the guts and the patience — could leave you set for life.

Before I reveal the secret, let me make sure you don't get the wrong idea. Let me tell you what I'm not inviting you to do.

See, I'm not just inviting you to subscribe to an investment newsletter.

This isn't only about monthly stock picks.

This is all about an adventure.

And if I'm right and you get "Miserable Rich" you won't need another stock pick ever again.

I'm going to issue eight recommendations as soon as you give me the word. You can decide whether to follow each one, and then call a broker.

Then sit on them until you get a moon shot. I'll make a few adjustments now and then, and I will never leave you in the dark. 

But because you have the guts and patience to be a player in this market, you'll accept that at least half of the positions we take will go nowhere, or maybe go to zero. Most of the rest? They could deliver triple-digit gains. 

And one of them could make you "Miserable Rich."

I'm not inviting you to join a trading service. 

This isn't about weekly options picks. I won't flood your inbox with more recommendations than you have time to play. You won't have to keep a window open on your computer all day to track your positions.

When you receive these eight recommendations, all you need to do if you want in is call a broker and carry out my recommendations.

It's that simple. A half-hour of easy reading as soon as you tell me you want the report, and a 15-minute phone call to a broker. No special accounts to set up, no special skills needed.

And then you wait. We might be waiting six months, we might be waiting a year, two years, three years. I don't know.

See, players in this market don't trade in and out. "Buy and hold" might be a killer in the conventional stock market these days. But in the sector I'm talking about, it's the only way to get "Miserable Rich."

I'm not inviting you to buy a "program." 

This isn't some sort of "system" or "course."

You won't get a three-ring binder filled with hundreds of pages of gibberish that are supposed to show you the way to riches if you can follow instructions so obscure they'd confuse a nuclear physicist.

Players in this market keep it simple.

There's going to be one simple set of recommendations that arrives in your email inbox as soon as you tell me you want them.

So there you go. I'm not pitching you a trading service or a "system." 

And again, this isn't about investing, or trading, or speculating. 

This is about having a chance to transform your life, your existence, your wealth — beyond your wildest dreams.

OK, enough about you. By now you're probably wondering who the hell I am. Or actually, who am I to be talking like this?

How Real People Get "Miserable Rich" — And You Can Too

My name is Byron King.

You probably already know me from my monthly research advisory Outstanding Investments. It's been named the #1 performing newsletter over a five-year period by Hulbert Financial Digest in 2005, 2006, and 2007.

So chances are you already know about my background as an oilfield geologist, Navy pilot, lawyer, and armchair historian.

But you might not know this. From an early age, I've been fascinated by people who got "Miserable Rich."

Growing up in Pittsburgh, you can't help it. School kids learn all about the legendary fortunes that got their start there. Carnegie with steel. Frick with coal.  The Mellons with banking, and later, aluminum, oil, and other hard assets.

That was America's golden era of industrial growth.

And beneath it all lay a foundation of hard money. 

Gold and silver.

Of course, school kids don't learn about that part.

But still I knew instinctively there's only a handful of ways to build real wealth.  You grow it. You mine it. Or you manufacture it.

That's a big reason I chose geology for my major when I went off to Harvard. I wanted to study the science of pulling scarce resources out of the ground. And I filled out my course load with economics classes.

It was the 1970s. President Nixon had cut the dollar's last remaining tie to gold.  It set off a decade of inflation that crippled the U.S. economy. It was also a decade of rapidly-rising gold prices.

The econ professors at Harvard all thought Nixon did the right thing. Gold was a "barbarous relic," they said.

That didn't quite make sense to me. Gold was part of the human economy for 5,000 years or more. What's so different now?

And it made even less sense when I went on to law school. I studied old cases like the ones that came up after President Franklin Roosevelt seized the gold of U.S. citizens in 1933.

Mind you, by 1980 I saw gold making a run past $800 an ounce.

That was amazing enough. The performance of tiny gold miners was even more stunning.

Players in that wild and wooly market got "Miserable Rich."

13,025% in Just 22 Months!

A little company called Copper Lake Exploration made a moon shot. A breathtaking 13,025% in just 22 months.

$10,000 could have become $1,302,500. That's the sort of play that makes you "Miserable Rich."

You know what happened next. After 1980, gold sank into a 20-year bear market. 

But gold never left my mind. I kept on watching and reading and talking with people in the know.

I served in the Navy in the 1980s and stayed in the Naval Reserve during the 1990s. And I made frequent trips to the Persian Gulf region. Bahrain, Qatar, Kuwait. Huge new fortunes were being built on a foundation of oil wealth. I mean, entire cities built from scratch. Sort of like Pittsburgh back in the good old days.

And here's what else struck me about Middle Eastern cultures. People there are hyper-focused on gold. Have been for thousands of years.

Women throughout the region wear gold jewelry. Gold markets called souks are a common sight.

And every time I went over there, I brought home a little gold. I knew that gold wouldn't stay stuck in a bear market forever.

Besides, even in those years, a handful of players still made huge gains from tiny gold stocks. Like one called Arequipa Resources. It blasted up 2,600% in a year before it was bought out.

$10,000 could have become $260,000. That's the sort of play that makes you "Miserable Rich."

Soon, the 1990s passed into the 2000s.  And I started reading The Daily Reckoning — Bill Bonner's daily e-letter.

What drew me in? I thought he was right on with his "Trade of the Decade." Sell stocks, buy gold.

You have to remember how gutsy that was at the time. No wonder when I got the chance to join the industry-leading analysts of Agora Financial, I leapt at it.

Bill's call was dead right. Gold zoomed up from $252 in 2001 to more than $900 today.

And that whole time, readers of my monthly research advisory Outstanding Investments racked up even more impressive gains in precious metals stocks.

A phenomenal track record, right? There's just one little problem.

Of course, gains like these are terrific. But they won't make you "Miserable Rich."

You want to be "Miserable Rich?" Then you have to get into the "junior" gold companies. 

These are the up-and-coming outfits. They explore for gold deposits. Build mines from scratch. Bring new mines into production.

Like Copper Lake Exploration in 1978. Or Arequipa Resources in 1996.

15,900% Gains in Less Than Two Years!

Here's the hitch. Companies with that potential that are tiny. Microcaps, really.  So small, I won't dare recommend them.

Not to the readers of Outstanding Investments. Imagine tens of thousands of them piling into such tiny stocks. That would artificially jack up the prices. Then they'd come crashing back to earth. Not good. Terrible, actually!

In fact, a typical gold stock I recommend in Outstanding Investments has a market cap 447 times the kind of juniors I'm talking about.

Now, that bigger stock is already up nearly 100% since I recommended it. If the "big boys" can do that well, imagine what these tiny juniors could do.

So there I was in 2006. Aurelian Resources made the biggest gold discovery in decades. Players in the junior market rode it from 25 cents a share to over 40 dollars.

And my hands were tied.

But still, you see the potential

$10,000 could have become $1,590,000. That's the sort of play that makes you "Miserable Rich."

And there are so many other examples I could cite

But I wanted to do something to give people like you the opportunity to become a player in this market. To give you a chance of getting "Miserable Rich" off the next Aurelian.

Now after nearly two years of research, I've hit on the solution.

It's a one-time opportunity. Something I've never done before. And that's why I'm writing you today about the recommendations I'll e-mail you as soon as you tell me to if you have the courage.

Because as I said before, this could be the golden opportunity of a generation.  Or several generations. Or a lifetime. Yours to seize now and become "Miserable Rich."

So listen up and listen good. Because this isn't just your chance for me to make you boatloads of money. I'm talking whole cargo ships full of money. Now's the time. I mean, right now, this instant.

Only 356 of These Reports Remain Available

See, as soon as you give me the word, I'll e-mail you a special report. It's called Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

It will contain eight "junior" mining picks. These are the small-cap, even microcap, companies that explore for gold and develop mines before they're ready for production.

That was the story of Copper Lake Exploration, which leaped 13,025% in 22 months. And Aurelian Resources — up 15,900% in 2006-07.

Look back across the decades: A development or exploration company that hits the big-time can return you 15 to 20 times more than holding bullion.

Today, many of these companies are cheap as dirt after the beating certain gold stocks took in 2008. Many have already had those 50, 60, and 70 percent drops I told you about. That means they're more than ready for a moon shot.

Now you can grab 300 shares of all of them for less than $10,000.

You can be a master in this market — you can give yourself a shot at becoming "Miserable Rich" — for an insanely low admission price.

But you need to know I have only a limited number of these special reports I can issue. As of right now, that number is 356. So if you want in on this, you need to move quickly.

Besides, the sooner you act, the sooner you get into the junior gold market at a historic turning point. 

Why the limited number of reports? Well, as I just pointed out, these are small companies. Too many people buy into them all at once, and the share prices start to get ahead of themselves… only to correct sharply later. We don't want that.

But fair warning. I've said it before: At least half of these will probably go nowhere. But the rest could deliver triple-digit gains that could more than cover whatever losses you have from the turkeys.

And one of them could make you "Miserable Rich."

I don't know which one that's going to be. If I did, I'd recommend only that one. 

But let me tell you about one of the most likely candidates. After you see what this company's up to, I bet you'll agree.

This Guy Built the World's Most Profitable Gold Miner From Scratchand He's About to Do It Again!

Let me tell you about a guy who got "Miserable Rich" in the gold business.

He started rebuilding a struggling junior gold miner in 1993. It was worth about $50 million.

Today it's worth $8 billion. It's one of the world's top three producers.

A $1.62 share price became $51.06. An eye-popping gain of 3,052%.

And a compounded annual growth rate of 32%. An average 32% a year — year after year.

So he turned a lot of heads a few years ago. He up and left this powerhouse he built. and took over a struggling junior miner few people ever heard of.

"What, is he crazy?" people asked. "Does he think he can do it all over again?"

Yes, he does. And I think he's going to pull it off.

His company's now sitting on a patch of desert that could yield one of the Western Hemisphere's biggest gold finds. It could rival a famous gold field nearby that's home to 180 million ounces.

And don't get the idea this company is some sort of post-retirement playground for this guy. He owns 23% of the firm. He means business. He wants to get "Miserable, MISERABLE Rich!"

And, he's already made many insightful investors "Miserable Rich."

If you missed out the first time, here's your second chance.

You can learn the name of this company in the special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. You can secure access to your copy right now. I'll tell you how at the end of this letter.

Right now, let me tell you about another junior with ridiculous "Miserable Rich" potential that you'll find in that report.

Buy This Stock and Make Up to 20 Times Your Money

In May of 2008, this company hit the jackpot. I mean, serious "Miserable Rich" potential.

Only no one outside the company realized it at the time.

Word's just now starting to get out. So let me explain before it becomes common knowledge. 

This company found a deposit of 4.5 million ounces of gold.

At $900 an ounce, that's $4 billion of gold!

Say it costs $450 to get the gold out of the ground. That's $2 billion in profit.

Compare that to the market cap of this tiny dynamo. Less than $100 million.

We're talking a company that could go from $100 million to $2 billion in the next three years — a 20-bagger!

What's the catch, you ask?

None. In fact, the upside could be even bigger. This deposit lies a half-hour drive away from the marquee project of a major gold producer. 

So there's probably a lot more gold still to be found. Drilling results indicate this company is sitting on five other deposits nearby that could have even more gold than the one already discovered.

So a 20-bagger could be just the beginning.

The details are yours in the special report.

It's also where you'll find the skinny on this potential 50-bagger.

This Guy Made Millions on Gold in the 70s.  Now He's Following a Gold Strategy Proven to Turn Every $1 into $50

Here's the story of another guy who got "Miserable Rich" in the gold business.  Only he did it during gold's big run-up in the 1970s. When gold was $150, he was predicting $900. 

The day after gold hit its $850 high in January 1980, he sold his position. His profit? More than $15 million.

Then he got out. He said the gold bull market was over.

Of course, he was right.

Most guys of his generation are retired or dead now. Not this one. 

In fact, he's on the verge of his biggest triumph yet.

He got back into gold at just the right time. In 2001, when gold was near its bear-market lows of $252, he told Forbes it was going to $440. And he's ridden it higher ever since.

So what's he doing now?

He's running a tiny company sitting on huge chunks of land in the Southern Hemisphere proven to be swimming with gold deposits. Geologists have turned up 40 million ounces in the region over the last 15 years.

And he doesn't plan to develop any of it.

What?! Is he crazy?

Yeah, like a fox. See, his strategy is to farm out the hard work to other companies. They're the ones who'll develop the sites and bring them into production.

And his little firm? No equipment expenses, no vast payroll to meet. Just sit back and collect a healthy cut of the profits. Royalties.

That's exactly the strategy a gold company called Franco-Nevada used earlier this decade. It popped from a few bucks a share to $180. Early investors made 50 times their money.

Don't miss out on this veteran gold guru's last and greatest act. Get the details in the special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. You can secure your copy right now But heads up… Only 356 copies remain.

Inside your special report, you'll also learn about these fantastic opportunities

These guys did the 14 years of hard work. You could collect the payoff.

This company fought one obstacle after another for 14 long years to open a gold mine in one of the most promising locations in the Americas. The first gold and silver came out of the ground in November 2008.

Over the next 15 years, this single mine should generate 1.7 million ounces of gold, and 64 million ounces of silver.

An easy ten-bagger.

Big profits five years ago. MASSIVE profits now.

Geologists who studied this company's biggest project in 2004 figured it would make big profits with gold at $400 and silver at $6.50. Now gold is $900 and silver $12.60. And this is just the beginning. This firm's gold production is set to grow 42% in the next three years, and silver production 69%.

All the right numbers, all going in the right direction.

You can get into this stock on the heels of some great news. Its geologists have just concluded the company's sitting on 21% more gold than previous estimates. That's a total of 2.05 million ounces this firm is bringing into production. Quarterly production numbers? Up 38% in a year. And estimates of its future gold resources just grew 129%. This one's got a whole lot of room to run

One mine up and running four more to go!

I've found a terrific play on that other "money metal" — silver. One mine is already in production, with four more in the pipeline. This company's sitting on as much as $4.9 billion of silver. (And gold, lead, and zinc.)

Its geologists keep finding more and more. Its potential metal holdings have grown 18-fold in the last four years! It could easily double your money in the next six months, and maybe 18-fold over the next four years!

And I have one more silver play with the potential to make you "Miserable Rich."

How This Company Could Collect $250 Million in Silver From the Canadian Government — FREE

Think of the words "gold rush." Chances are you think of California in 1849 or Canada's Klondike in 1898.

But that's all history, right? Your chance to cash in was over long before you were born.

Think again. You can still get "Miserable Rich" off the Klondike more than a century later.

There's a minimum 20 million ounces of silver in the Klondike still to be had — free, courtesy of the Canadian government.

Here's a quick history lesson. The Klondike gold rush lasted just seven years.  The amateurs panning for gold? They were gone by 1905. 

The professionals remained. They built mines and hauled out gold and silver for decades. But even they ended up bailing in the 1980s. Not because they ran out of metal, but because they ran out of money. They thought those record prices of the 70s would last forever. They got burned.

So what about that 20 million ounces of silver, you ask? That's what one of the companies left behind in 1989 in just one mining district in northern Canada. Once abandoned, the site became the Canadian government's property.

A good deal for Canada? No, it was an expensive mess. See, the old company left behind a toxic stew of chemicals from decades of sloppy mining techniques.

But in April 2006, the Canadian government hit on a solution. It signed a deal to pay a small environmental company $50 million to clean up the mines and the company gets to keep all the silver it can dig up, absolutely free.

This company's CEO is confident his people will find 20 million ounces of silver in just one part of this vast complex.

Now, let's assume the worst. Assume that mine cleanup eats every dollar the Canadian government gives this company.

That still leaves minimum 20 million ounces of free silver.

At current prices, that's $250 million. This company's current market cap? Just $50 million. You could make five times your money.

And again, that's assuming the worst. That's assuming only this one part of the region still has silver to be found. This company's geologists are hard at work at 35 other sites nearby.

Your price of entry? Less than $2 a share.

Again, all of this is spelled out for you in great detail in the special report you can access right now — Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

You'll get the names and ticker symbols of all these stocks. Most of them are under $3 a share, and not a one costs more than $9, so you can load up on 'em.  In fact, you can pick up 300 shares of each for under $10,000.

I'll say it one more time. At least half of these will probably go nowhere. The rest could deliver as much as triple-digit gains. 

And one could make you "Miserable Rich."

But don't take my word about why this approach can be such a wealth-maker.  Take the word of one of the most successful gold mining executives out there.  I'm talking about a big-time player in this market — a guy who built his company from "junior" to "major" in less than five years.

Why Is the CEO of One of the Major Gold Producers Selling Shares of His Company to Buy Juniors?

If you know anything about gold stocks for 2010, you know about the phenomenal story behind Yamana Gold.

Peter Marrone founded the company in 2003.

It sold for less than $2 a share at the time.

Early on, willing buyers approached him several times and asked if he wanted to sell the company to them. Each time, he said no.

They thought he was nuts to walk away.

But he knew something they didn't. He knew gold was heading into a long-term bull market. And he could make far more money over time building his company than selling out for a fast buck.

Today Yamana ranks among the world's biggest gold miners. Its shares zoomed up to nearly $20 in just five years — a classic ten-bagger. 

Point is, Marrone knows his stuff.

So why in the world is he selling off shares of his own stock and buying shares of junior gold miners?

He says don't get the wrong idea. He still believes in his company and he's heavily invested in it.

But it's not what's going to deliver big gains in the short term. It's not what'll make him even more "Miserable Rich" than his own firm made him. As he puts it, "Sometimes it's not a bad idea to take a little bit of money and come into [juniors] at the right time."

In other words: Marrone's already done the hard work of building a world-changing company in just five years. And growing it ten-fold.

Now he wants to put some of his hard-earned wealth into other companies with the same ten-bagger potential. Like the ones I've been telling you about.

Imagine piling a ten-bagger on top of a ten-bagger!

This gets to the core of what I'm talking about.

If the CEO of one of the world's best-run gold producers is putting his money into juniors shouldn't you be doing the same?

I'll show you exactly how you can do it. Become a player in this market. Become "Miserable Rich."

But since it's my aim to make you boatloads of money, I need to do something else first. I need to lay out one more simple, brutal fact to make sure you're up for what we're starting.

URGENT WARNING:Whatever You Do, Don't Try This at Home

OK, you've stayed with me this far. Now I have to tell you the most important thing you need to know. And this applies whether or not you accept my invitation.

I'm deadly serious. I've already told you I'm looking for only the right courageous people to follow through on this opportunity. 

See, it's not enough to be jacked up on the idea of juniors. You need to know what you're doing. Because let me tell you what's about to happen. 

Some reckless folk are going to stop reading this letter and start searching for information about junior gold miners. They'll figure they can identify what juniors to invest in on their own.

And they will get eaten alive. They will destroy whatever wealth they invest in the sector.

See, there are about 5,000 juniors out there. And only about 250 of them will ever pull a speck of gold out of the ground. The rest will go to zero. Zip, zilch, nothing. 

What's more, most of the 250 that do produce gold won't produce enough to ever make a profit. Or only a modest gain.

Only a handful of these juniors — 15 at the most — have the potential to make you "Miserable Rich."

Even if these go-it-alone people do all their homework, they'll still destroy their wealth. Even if they study a company's press releases and annual reports. Even if they call the company's CEO. Even if they know what questions to ask the CEO — and they don't.

Heck, even many of the so-called "experts" in this field don't know what questions to ask. They just take a bunch of companies' balance sheets. Then they see which companies have the highest number of ounces.

Then they buy. And they get slaughtered. Worse, their clients get slaughtered.

You know why? Because the balance sheet doesn't tell you whether it's feasible to pull those ounces out of the ground. Or whether it's profitable.

I know I'm getting a little worked up here. But that's because I know — from personal experience — the junior gold sector is a minefield.

Let me tell you, the ups and downs on the way to the big money can be gut-wrenching. And not every junior pick of mine has been a winner. No one can pick juniors and come out a winner every time.

I've said it before. Buy a bunch of juniors, knowing that at least half will go nowhere or even go down. The rest could deliver triple-digit gains. And one could make you "Miserable Rich."

So please, don't try this at home. Get some expert guidance. Whether it's me or someone else.  Don't go it alone.

So let's talk about how you can get a helping hand. There are three ways. And two of them are lousy.

Three Ways to Invest in Juniors (And Two of Them Are Lousy)

Bad Bet #1: You could invest in a mutual fund that specializes in gold juniors.  The fund manager does the heavy lifting, and the management fees are actually pretty reasonable.

But there's only a handful of these funds to choose from. And all of them are larded down with big positions in the majors — or even bullion. Sort of defeats the purpose, huh?

Bad Bet #2: You could invest with a brokerage firm that makes the picks for you.  But that could cost thousands upon thousands of dollars. Besides, brokers are all about making money for their firm, not their clients.

Yes, there are a few honest and intelligent brokers who specialize in juniors. I have a lot of respect for them. But often they own large equity stakes in the juniors they happen to like. They might even sit on the board of directors of these companies. I'm not comfortable with that sort of conflict of interest.

The right choice: I'm not a fund manager. I'm not a broker. I just want to help people like you make boatloads of money.  

I'm not pitching you a trading service, or a course. I'm offering an adventure for people who are ready to take that once-in-a-lifetime shot at getting "Miserable Rich." To achieve the wealth you thought you could never have but know you deserve.

And I can't think of a better way to get started than with the eight juniors I lay out for you in Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.  You can have a copy emailed to you as soon as you're done reading this letter.

Oh, I'd better mention one more thing while I'm thinking about it: Your broker needs access to the Canadian exchanges to buy many of these top stocks to buy. If you have one, just talk to him about it. Many of the online discount brokerages can handle it too. I'll even tell you who in another special report. 

This one's called Junior Gold Shares: An Owner's Manual. 

Think of it as an introduction to the world of junior mining shares. It builds on everything you're reading right here. You get it at the same time you get Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

Along with those two reports, I'm going to throw in something else. And there's no extra cost to you.

A Year's Worth of Regular Updates on These Stocks And 12 More Micro-Cap Resource Picks Absolutely FREE

Look, I've told you how this is a moment you need to seize right now. If you want in, all you have to do is buy positions in these eight stocks, then hang on for dear life. 

At some point, probably when gold reaches $3,000 an ounce, maybe sooner, we'll have our moon shot. You could be "Miserable Rich."

That's it.

Of course, once you get a taste of the junior gold sector, you might decide being "Miserable Rich" isn't enough for you. You want more.

I can deliver more.

I can throw in — absolutely free — a one-year subscription to my premium research service called Energy & Scarcity Investor.

You'll get at least 12 top-of-the-line micro-cap picks in the resource sector — whether it's precious metals, energy, or agriculture.

Energy & Scarcity Investor is a high-end, premium service. After all, stocks like gold juniors are thinly traded. We can't have tens of thousands of readers juicing the share prices artificially. 

Besides, you know by now it takes someone really ballsy to be "Miserable Rich."  Not everyone can handle it. Maybe only 1 in 1,000 people. So my publisher charges a lot for membership. That way we know the people who join up are really serious.

But you can have a year's worth of membership absolutely RISK-FREE with no obligation along with your copy of Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

Seize the Moment Start Your Road to "Miserable Rich" RISK-FREE

OK, I see you've stuck with me up to this point of the letter. Congratulations!  You're the kind of person who's cut out for the chance to turn $10,000 into $260,000 like with Arequipa Resources. Or $1,302,500 like Copper Lake Exploration. Or $1,509,000 like Aurelian.

You're already very clear about what we're doing. You want to learn about the one simple move that could leave you set for life.

So here's how it works.

As soon you give me the go-ahead, I will send you my special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. It will contain eight recommendations that could leave you set for life.
Also at that same time, you will receive Junior Gold Shares: An Owner's Manual. This will be your plain-English introduction to the only sector of the gold market that can leave you set for life.
Each month, I will e-mail you a micro-cap resource recommendation in your issue of Energy & Scarcity Investor. You can act on this new recommendation if you choose. This one-year subscription is yours FREE.
Every Friday, I will e-mail you a weekly Energy & Scarcity Investor update on the status of your recommended gold positions and the resource markets. Again, this is part of your FREE one-year membership in this premium research service.
Whenever the opportunity strikes, I will e-mail you a Flash Buy Alert on a resource stock that's just too good to wait for the monthly issue. This could happen once every few months, or a couple of times in a week. It all depends on how the market goes. But don't feel you have to obsessively check your inbox for these recommendations. As long as you check your e-mail once a day, you'll be fine. Again, I want to keep it simple. And again, this comes with the membership in Energy & Scarcity Investor, yours FREE for one year.

Now how much would all this be worth to you?

I've said it before. I'll say it again. I'm not a fund manager looking for fees. I'm not a broker looking for commissions.

All I want to do is give people like you a chance to make boatloads of money. It's all I've ever wanted to do. 

And with juniors priced at incredible bargains, now's the perfect time to jump in.  All the stars are aligned.

The price of admission for the adventure we're starting is $395.

That's just $395 to start your subscription to Energy and Scarcity, plus access to eight junior picks, at least one of which could deliver a moon shot by the time gold reaches $3,000. Or sooner. Maybe even an Aurelian that can turn every $1 into $150. 

If that happens, you could be "Miserable Rich." The champagne your friends serve won't be good enough. The jets they fly won't be fast enough. The sand at their beachfront resorts won't be white enough.

But you'd be set for life.

And on top of the special reports, you get your membership in Energy & Scarcity Investor. That will give you 12 more micro-cap resource recommendations you could stuff in your portfolio. Plus weekly updates on your current recommended junior holdings.

There's nothing else like this out there, in the fund business, the brokerage business, or financial publishing. Nothing. 

Ready to get started? Great!

My Iron-Clad "Cold-Feet" Guarantee

Now Just in case you're still not 100% with me on this, let me make you a guarantee. And it's not the kind of guarantee I'd ordinarily make.

See, if you really buy into everything I've been describing here, I don't even need to make you a guarantee. You have guts and you have desire. So that should be enough to carry you through the stomach-churning ups and downs on your way to getting "Miserable Rich."

But I'm going to make you a guarantee anyway. In fact, I'm going to put my reputation on the line. I call this my Iron-Clad "Cold-Feet" Guarantee.

It works like this: Collect your special report Set for Life: Eight Keys to Getting "Miserable Rich" with Gold along with Junior Gold Shares: An Owner's Manual. Then review your first two monthly issues of Energy & Scarcity Investor. Follow the weekly Energy & Scarcity Investor updates. Log on to the members-only Energy & Scarcity Investor website to review archived issues.

Study all of this for up to 60 days. If any time during those 60 days you get cold feet, you decide you're not up to being a player in this market, you're not prepared for what it takes to get "Miserable Rich" just call a toll-free number to cancel. I'll include the number in our first correspondence.  No hard feelings. I'll refund every penny of your subscription price. And you can keep everything I've sent to you.

So you bear no risk. Except the risk of getting so wealthy you'll lose your friends. But I'm absolutely sure you'll never have to take me up on this solid promise. Because I'm absolutely sure that at least one of these picks has the potential to make you "Miserable Rich."

I've said it before, and I'll say it again: Not everybody is cut out for this. 

So I have no idea how many people will still be with me once your moon shot materializes. I don't know how many people will get "Miserable Rich." I don't know how many people feel they deserve to be set for life.

But if you hang with me, I can tell you this. Once the adventure is over, you'll be saying what I'll be saying: "What a ride! It was worth every moment!"

P.S. I mean it when I say this: It makes no difference to me how many people choose to seize this moment. One in 100 people reading this? One in 1,000? I couldn't care less.

All I care is that I have the right people. People who believe they deserve wealth.  People who have the steel to seize the moment, ride the gut-wrenching ups and downs — and when it's all over, they could be set for life.

Why wouldn't you want to be one of them?

P.P.S.  Even I'm amazed by how simple it could be to get "Miserable Rich." And all you need to do is follow some very basic recommendations. Nothing complicated. No "system" to follow. No trading in and out. Just one simple action that could deliver you so much wealth, you'll hate me for making you so successful.

Look, the market gods have handed you a gift. The opportunity to get "Miserable Rich." It will never come again. Why in the world would you turn it down?

P.P.P.S. As I write this, only 356 copies remain of my special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. Very few people will have the spine to actually follow through on its recommendations… and seize the potential to turn every $1 invested into $150.

But if you really are one of those people, I don't want to see you miss out.

The Bubble of All Bubbles

When the government intervenes into the financial system, it disrupts the supply-and-demand balance, but eventually, true market forces can win out. Months ago, a plan to use $300 billion to buy long-term bonds shocked the market like a cattle prod…sorry, I'm always a commodities guy.

Remember back in March when the Federal Open Market Committee made a surprise announcement that it would spend Treasury funds to support long-term government bonds?

This announcement rocked the world. The 30-year Treasury bond futures jumped almost 8 full basis points ($8,000 per contract), sending rates crashing lower with the yield on the widely followed 10-year note down to 2.5%, from over 3% in one day. As a direct result, the dollar was smacked down nearly 500 pips ($5,000 per contract), versus the euro currency.

This last-gasp financial plan to purchase and support the Treasury market was and is, at best, a short-term fix to prevent the bubble of all bubbles from bursting.

If we flash back to last fall, the stock market panic was driving some investors to guarantee a negative return on their money for the safety of the full faith and credit of the Federal Reserve.

That same money that ran to bonds in order to escape equities is in danger of unwinding and going on the move again – after all, money goes where it is treated best.

Don't believe me? Just ask Warren Buffett.

In his 2008 letter to shareholders Warren Buffet described the situation this way, "When the financial history of this decade is written, it will surely speak of the Internet bubble of the late 1990s and the housing bubble of the early 2000s. But the US Treasury bond bubble of late 2008 may be regarded as almost equally extraordinary."

The Fed's action follows similar tactics used by the Bank of England, which pledged up to 150 billion pounds toward buying its government bonds. This quantitative easing of buying debt with newly printed money expands the deficit and, most importantly, is the match lighting for inflation.

According to Edward Chancellor's skeptical commentary in the Financial Times:

There is no question that a determined central bank can get rid of deflation. It is simply a question of printing enough money. Economists have another term to describe the monetization of government debt. The history of "seigniorage" goes back to the debasement of the coinage under the Roman emperors. Seigniorage is really a tax on holders of money and government debt which is paid via inflation. When carried to excess, it leads to hyperinflation.

This leads to the eventual sale of accumulated bondholding by the government and the impending pop of the bubble, leaving greater financial issues in the long run. Unnatural forces at work in the market can only serve to exacerbate the problem.

As witnessed by the market action in May, restless investors are searching for higher returns on their money than the pittance they chose to accept last fall for safety.

At that time, the dollar and Treasuries sold down to lows not previously seen in the last six months. More selling is in the cards as an appetitive need for risk increases with general global market confidence.

Human nature will lead some to move money out of safety and chase higher returns in the fear of missing out on a stock market turnaround. Emotion can be a great detrimental force and can disrupt a sound disciplined investment plan. Don't miss this flow of funds! How? By positioning yourselves in hard assets.

The unprecedented movement of funds into Treasuries was and is a concern – but it's also a huge opportunity when that money comes back into the market. The numbers will be staggering. The gold market moved over 40% with just the spillover money seeking safety in the financial chaos.

When even a small portion of that moves into hard assets, the commodities bulls will be on the stampede again…for oil, gold, soybeans, silver, wheat, coffee, and more.

People will continue to drive, heat, eat, produce goods and services, and put the "consume" in "consumer." Conspicuous consumption may be out, but pent-up demand for goods we need has only been delayed, occasionally to extreme consequences. Consider this example from the Associated Press:

Store Owner Gives Would-be Robber Bread and $40

SHIRLEY, N.Y. (AP) – A Long Island convenience store owner who was confronted by a bat-wielding would-be robber has shown mercy on the man by giving him a loaf of bread and $40. Convenience store owner Mohammad Sohail pulled a rifle to defend himself against the would-be thief, who then dropped to his knees and begged for forgiveness.

The man explained that he was battling economic hardship and was just trying to feed his family. Sohail put down the rifle and gave the man $40 and a loaf of bread.

Another sign of economic transition was the jump in short-term rates a week ago, pricing in a quarter-point rate hike down the road. In Agora Financial's Resource Trader Alert we've been concentrating on the bond sell-off described above, and have been doing quite well with the Treasury unwinding. However, the market is now acknowledging that rising rates are also something worth watching closely.

Keep an eye on movements in the dollar. The dollar index weakness down to the December lows at 78 was not calmed by a rise in long-term yields. The inevitability of the Fed eventually raising rates to address inflation fears strengthened the greenback back above 81.

Stocks continued to extend their upward run 11 out of the last 13 weeks. The major indices have been in the positive for 2009. Some consolidation and profit taking will likely take place after these new relative highs.

This next step forward will include some global demand rebound as life continues on for the billions around the world who are not money managers, bankers, or insurance executives mired by overleveraged portfolios and bad bets.

Commodities and things of real value should do very well. This new upward phase in the asset market is taking place after a bottoming from the recent and unnatural price depression of vital resources that are consumed every day.

It all comes back to commodities.

Chinese Laughter the Sound of US Stupidity

The winner of the Mogambo Award For Most Imbecilic Statement Of The Month (MAFMISOTM) comes from a Financial Times article where we read that Tim Geithner, whom I ungraciously call (with a sneer and a voice dripping with a tone of Pure Mogambo Contempt (PMC)), the "rat-like Treasury Secretary of the United States," tried to convince China that "the US would do what was necessary to bring its budget under control." Hahahaha!

Now, there are many ways to define "do what is necessary," and after the fiasco of the United States now being known as a country that tortures people, the sky's the limit on that, I guess, and as it turns out, I was right!

Listen to this: Geithner, the rat-like Treasury Secretary of the United States, told the Chinese that after a long period of grotesque, Banana-Republic style fiscal excesses for the next decade or so, we would "do what is necessary" to somehow, some day, at some time in the unforeseeable future, nobody knows how, or when, the government of the USA will bring down "the fiscal deficit to about 3 per cent of gross domestic product"! Hahahahahaha!

The long string of the repetitious use of the word "ha" is my clever way of communicating in prose the sheer degree of disrespectful laughter that this ludicrous crap deserves! Hahahahaha!

The reason for my scornful laughter is mostly because I have already been drinking heavily to toast my success in getting through another day without screaming my guts out that we are all doomed from the effects of this monetary and fiscal insanity and how much I hate everybody connected with it, and so it somehow strikes me as funny that this federal spending deficit of 3% of GDP is the point where it starts getting bad! Hahaha!

And this (hahahaha!) is the goal? Hahaha! We're going to bring the fiscal deficit down to the point where (hahahaha!) history says that we have to do something to reduce the fiscal deficit? Hahahahaha!

By this time I am laughing so hard that I am sorry that I ate all that pizza for lunch, and with gasping, rasping breath I am coughing up bits of lung tissue, along with pieces of sausage with tomato sauce, while trying to say, "Stop! Stop! Hahahaha! My stomach is hurting from all this laughter! Hahaha!"

Oddly, enough, this is NOT the place in the speech where the Chinese students laughed in the face of the rat-like Treasury Secretary of the United States, although I am sure that there was a of tittering and indecipherable muttering that sounded like "Ho how chang won hong chow?" which is difficult to translate literally, but means, "What in the hell is wrong with this idiot? Did he really say that the long-term goal of these American lowlifes is to bring their fiscal deficit to 'about 3 percent of gross domestic product,' when the goal is actually to have a balanced budget, no debt, and with the government tax rake-off being as small as possible?"

I can see where they would not laugh at such insufferable stupidity, considering the consequences. Instead, they laughed, according to Financial Times, when he said that "Chinese assets are very safe," which actually may have been a joke on the infamously corrupt Chinese government, which routinely takes property from citizens, actually killing millions of them in the recent Cultural Revolution, and continues its thieving ways even now by also creating lots of money and credit so that it is constantly stealing the buying power of the money that people hold! Hahaha!

On the other hand, maybe they laughed because Chinese students know that with a fiat currency like the dollar and a spendthrift, redistributionist, commie-think Leftist government like the American Congress causing the over-creation of more money and credit, the dollar is doomed, and so the idea of dollar-denominated assets as being safe is totally ridiculous.

The Financial Times came to another conclusion, and said that while the comment of the rat-like Treasury Secretary of the United States "drew loud laugher from his student audience," it was "a reflection of skepticism among many Chinese about the wisdom of building up large foreign reserves." Hahaha!

Now I am laughing too, especially since this puts them miles ahead of us Americans, who think nothing of putting all our money, and all our retirement hopes and dreams, into dollar-denominated assets! Hahaha!

The Chinese have expressed their skepticism by starting to accumulate some gold and commodities. We should do the same.

And while we are at it, accumulate some silver and oil, too, an investing decision made so easy by the astounding fiscal and monetary stupidities of government that it makes you giggle with glee, "Whee! This investing stuff is easy!"

Why I'll Overnight You a $1,500 Check

Our friends at The Oxford Club have never done anything like this before. So as soon as we heard about this special invitation, we had to forward it to you immediately...

They've agreed to overnight a $1,500 check to anyone who agrees to take part in an intriguing "45-day challenge."

I have to confess…

Our accounting department is not happy with me right now.

I've just informed them that very soon we'll overnight hundreds of $1,500 checks to certain Oxford Club members who request one in time… yourself included.

You must follow the instructions in this letter and then ignore all of the "talking heads" on CNBC for the next 45 days.

If you agree to this, I'll send you an actual check for $1,500 via Fed Ex.

In total, I estimate this could cost us $750,000. A huge undertaking… something we've never done before and I doubt we'll ever do again.

So why are we doing it now? Because of an intriguing new development presented to me just days ago by our Investment Director Alexander Green.

And thanks to this unique opportunity, your no-strings check will be merely the beginning.

Take member, Sam B., for instance. He wrote us to tell us he made $27,000 in profits because of this special situation.

Or member John T. who wrote to inform us he's made "tens of thousands of dollars."

Bottom line: Alex has uncovered the perfect way to make money right now. And we're taking a big risk, financially, just to get you to try his winning formula.

We'll just need you to confirm your interest and full address below and then turn off CNBC for the next 45 days to receive your $1,500 check. And let me be perfectly clear… This money is yours to keep. You'll never have to pay it back.

But of course this situation can't last forever. We're only setting aside one day to cut these checks so we must hear from you as soon as possible.

Let me give you all the details…

We'll Pay You Not to Make This Mistake

The sad fact is most investors are making a horrible mistake right now � a mistake we'll pay you NOT to make.

They panic and pile into cash when Squawk Box reports that "Global Recovery Still a Long Way off."

And then days later when Jim Cramer declares, "This rally isn't over," they blindly dive back into the markets.

But as Alex Green likes to say, "Watching CNBC will make you dumber and poorer." Why?

Because � although these experts are all well educated and smart (for the most part) � the underlying premise of these networks is that there is constant breaking news that you need to react to immediately.

But in truth, it's nothing but a bunch of noise distracting you from the business of getting richer!

That's why we're willing to pay you $1,500 if you agree to tune it all out.

But like I said, that's just the tip of the iceberg...

Turning $5,000 into $62,968

The key to Alex's success, of course, isn't just ignoring CNBC. The real secret is to stop reacting to any kind of sensationalized news � good or bad. That's how he's helping a small group of people get a whole lot richer.

Following his recommendations…

From March 9 to March 17, 2009 � one week � you could have tripled your money…

And from January 20 to May 5, 2009, you could have turned just $5,000 into $62,968.

As you can see, the $1,500 check we'll send you will be a pittance compared to how much you could be making in the coming weeks!

But how exactly is Alex uncovering winner after winner... especially under conditions that are less than ideal? Here's the whole story…

Bull... Bear... Who Cares?

Instead of obsessing over the news or fixating on the fluctuations of the stock market, Alex uses a technique he perfected based on over 107 years worth of data.

It allows him to pinpoint which individual stock is set to blast off next � regardless of what's going on in the world. He calls it the Single Stock Rally.

And as a 2008 study out of London Business School notes, these Single Stock Rallies have no correlation to the broad markets. Consider…

On February 9, 2009 the Wall Street Journal ran an article titled "IMF Chief Says Nations in 'Depression.'" In it, chief Dominique Strauss-Kahn stated that the "worst cannot be ruled out."

The investing herd reacted accordingly with the Dow shedding another 875 points in the next five weeks.

Undeterred, Alex Green locked on to an opportunity for 197% gains during that same period...

CERN Daily

Alex knew that the tanking markets and gloomy news were nothing more than a distraction. By removing all of the useless clamor from the equation, he was able to focus on what really matters when you want to make money…

And I'm about to reveal to you exactly what that is. (Don't be surprised to find it isn't like anything you may have learned about top stocks before.) More importantly, I'll tell you how you can use it to turn $10,000 into $160,000 on just two trades.

But before I do, I want to make something perfectly clear…

This isn't for everybody.

If you're strictly a buy-and-hold investor, willing to settle for 5% gains a year off of boring blue chips, then you can stop reading here. This strategy would most likely be a total waste of your time and money.

But if you have the type of nerves and the discipline required to follow a strategy that regularly uncovers gains like 296% in three weeks... 162% in one week... 334% in only four weeks (all actual winners pulled directly from Alex's track record)... then this may be perfect for you.

How to Know When a Stock is about to Blast Off

Of course, a ton of due diligence and analysis goes into uncovering the next big Single Stock Rally. And as you've seen it has absolutely nothing to do with the breaking news of the day.

In fact, you MUST not act on anything you hear on CNBC for 45 days to make this strategy work. And you must follow these instructions precisely. Think of it this way…

If Alex makes a recommendation, but you don't make your move just because CNBC is reporting doom and gloom on that particular day, you could miss a 50% run-up.

On the other hand, if Alex recommends a "sell", but the upbeat news of the day convinces you to hang on, that could wind up costing you even more.

The thing is, in all of his years in the business, Alex has found that there's only one place to start. And it has nothing to do with the latest headlines or urgent news alerts.

Even better, he's not the only expert who swears by this predictive data…

According to study conducted by William O'Neil, founder of Investor's Business Daily and author of the national bestseller How to Make Money in Top Stocks For 2010, every single top winning stock from 1952 to 2001 shared one common characteristic.

It's the "secret" behind almost every great stock story… information analyzed directly from company transcripts.

Agricultural giant Monsanto released this data on February 2, 2003. From there, the company shot practically straight up 1,648% in the next five years.

This information was enough to send shares of UAL Corporation soaring 68% on July 22, 2008 � one day!

More recently, on April 29, 2009, Human Genome Sciences made a similar announcement, and its stock immediately shot up 57%.

It's no wonder that SmartMoney reports that "[this data] is the most important factor driving stock prices." Or that Investor's Business Daily agrees that this "is the most important factor" that sets apart winning stocks.

So what exactly is this "dead-on" indicator? And how is Alex Green using it to help people get rich? Here's the answer…

Ignoring the Talking Heads for 363% Gains?

Let's take a look at February 23 as an example...

Once again, if you'd gotten caught up in the headlines of the day, you would have missed this opportunity completely. On that day, the mainstream media obsessed over the idea of bank nationalization.

Bloomberg, Charlie Rose, CNBC all jumped on this story - sending shock waves through the market and pushing the S&P 500 down 26 points in one session.

But Alex wasn't spooked in the least. He focused on a much more important (but far more obscure) piece of data…

One under-the-radar company called Aarons, Inc. had just disclosed some pertinent information. Everyone else missed it. But once Alex analyzed the information and spotted the telltale pattern, he knew that this was the sign that its stock was about to pop.

Immediately, he sent out an alert to his group of subscribers. And look what happened…

AAN Daily

Acting on Alex's recommendation, on April 13th, they could have closed out a 73% gain. And then on May 5th, they could have scored another 363%!

Alex's Secret… Revealed

So what was the "secret" behind this company's startling run-up? What did Alex know that almost everyone else missed?

It's simple. A unique earnings-related trigger that practically guarantees a stock is about to jump by double, triple or even quadruple-digits… and then it pinpoints when that will happen.

You see, while most companies struggled to stay in the black, Aaron's, Inc. saw a 39% increase in earnings in the fourth quarter of 2008 compared to the same period in 2007. And from there, earnings continued climbing in the precise pattern Alex was looking for…

Earnings Soar Along with Profits

But of course this is just one piece of the puzzle. Identifying winning stocks is not quite that easy.

Over the years, Alex has perfected a highly specific strategy for making money... one that could help you turn $10,000 into $160,000 in just a few short months.

Here's how he did it…

A Guru Who Doesn't Give a Damn What Everyone Else Says (and is Making a Killing Because of it)

As a senior analyst with Merrill Lynch, Alex honed his skills and learned � from the inside � what really moves stock prices. (In fact, he still has many of the top decision-makers on speed dial, providing unique "backstage access" to his subscribers.)

But it's the work he's done since then that should be of particular interest to you…

For years, Alex has been using this very market-beating strategy to help a small group of people book solid gains in both up and down markets through his Momentum Alert research service.

He regularly uncovers winners like 433% on Teva Pharmaceuticals... 520% on Career Education... 245% on Armor Holdings... 173% on Vista Print... 268% on Warnaco... 308% on Ultra Petroleum... 244% on Coach... to name only a few. $1,000 into each of these plays would have made you $17,580 in pure profits.

And so far in 2009, his total cumulative gains (winners and losers) are an astounding 2,197%!

At this very moment, 5 of 6 open stock positions in the Momentum Alert portfolio are all winners. But that's not all...

Alex has just called me with some important news.

He's just locked on to the biggest string of potential winners he's ever seen in his twenty-plus year career. I can't reveal the identity of these companies now. It wouldn't be fair to Alex's VIP subscribers.

But for the first time ever, we'll pay you to put your name on this VIP list. After the 45-day "no CNBC" agreement period is up � on August 20th to be exact � we'll send out your $1,500 check via Fed Ex to help you on your way to some very nice gains.

Just consider how incredibly hot this system is right now…

Weeks ago, Alex's system located the next company poised for a Single Stock Rally � Inverness Medical. Yes, earnings for this company had been heading only straight up...

Earnings Have Been on a Tear!

But as you may have already guessed, Alex's proprietary earnings indicator isn't the only tool he uses to uncover top stocks market that can hand you the type of rapid-fire gains that can change your retirement plans for the better…

Cashing in on the "Great Paradox"

It contradicts everything you've probably heard about investing…

But the truth is, buying low and selling high simply doesn't work. So what does?

Buying high and selling… even higher! Think about it…

Most investors were too afraid to buy Dell Computers when it hit an all-time high in June of 1990. But if you had invested in the company on that very day and then held on for the ride, you would have made 40,887%.

That's enough to turn $10,000 into more than $4 million!

This is why Alex only looks for the very best of the best � companies trading above their 50-day moving average… companies that are among the top 10% of the market in price action… companies that are absolute leaders within the industry… companies like Inverness Medical.

Inverness had been on an upward trend since November. Fourth-quarter earnings beat expectations as the company swung to a profit on a 60% increase in revenue. In short, it had all the makings of another big Momentum Alert winner.

So on March 3rd, Alex sent out a "buy" alert. (The same day that market pessimism was renewed with the S&P warning that 2009 will have the sharpest dividend cuts since 1938!)

14 Days Later: Subscribers sold half the position for a 93.79% gain…

5 Weeks Later: Sold half the remaining positions for a 179% gain…

8 Weeks Later: Sold half the remaining positions for an additional 272% gain…

By locking in gains as the company continued to soar, Momentum Alert subscribers systematically lowered their risk while practically guaranteeing gains.

And every single play � like the one above � is based on a scientific combination of criteria. Alex's tracking strategy covers earnings, price action and a host of separate factors…thirteen in total… to determine the next big Single Stock Rally (see sidebar).

You see, when these factors hit certain thresholds… and they hit in specific combinations… it's like "guaranteed" money in your pocket.

Can a Single Stock Make You REALLY Rich?

The University of Virginia released a study recently verifying that stocks meeting certain combinations of Alex's thirteen factors "earn large abnormal returns over a six- to twelve-month horizon." (Like I said, this isn't a buy-and-hold strategy.)

A separate study published in the Review of Financial Studies also concluded that buying these stocks "generates positive returns for horizons out to about one year."

Imagine the money you could have made by investing in companies that exhibit these qualities. Take a look at some examples...

900% in 12 months on Houston Oil & Minerals

1,233% in 27 months on Computervision Corp.

262% in 4 months on Reebok International

1,100% in 56 months on Waste Management, Inc.

1,486% in 16 months on Accustaff Inc.

1,385% in 13 months on ARM Holdings

8,958% in 24 months on CMG Information Services

482% in 6 months on America Online

2,543% in 15 months on VeriSign, Inc.

679% in 20 months on Levitz Furniture

503% in 11 months on Teva Pharmaceutical

And when you're buying companies like these as part of the Momentum Alert, one after another, the gains can add up very fast. Here's what I mean…

How to Turn $10,000 into $160,000 on Just Two Trades

Alex's subscribers have enjoyed numerous opportunities to turn a small grubstake into a fortune.

During a recent eighteen-month period, they could have turned $10,000 into $2.3 million on just six winning plays.

And then just this year, they had the opportunity to watch $10,000 balloon into $160,000 in a matter of months. Here's how it went down…

Phase 1: Turn $10,000 into $20,800

On January 20th 2009, Alex rushed an alert to his circle of subscribers recommending an under-the-radar company called Myriad Genetics.

It didn't matter that the Dow dropped another 332 points due to Inauguration Day jitters… or that Jim Cramer warned, "People are hiding, and it's scary." (Remember, we'll pay you $1,500 to tune out this kind of distracting noise!) Alex knew that this company was firing on all cylinders and was poised to stage a Single Stock Rally.

It had just introduced an innovative product to the market (Factor 6), propelling sales upward (Factor 5). Its stock price pushed higher and higher (Factor 2, 3 &4). And earnings were steadily increasing (Factor 1).

Sure enough, two weeks later � on February 3rd,2009 � he closed out a 108% winner.

So $10,000 here could have quickly turned into $20,800.

But he was just getting warmed up…

And by simply taking these winnings and rolling them into the next play, subscribers had the very real opportunity to make enough money to buy a brand new condo!

Phase 2: Turn $20,800 into $160,000

Days later, on February 9, 2009 Alex recommended a play on Cerner Corp.

Third-quarter earnings rose 24% (Factor 1) on a 13% increase in revenue (Factor 5). Plus, the company ended the quarter with a backlog of $3.4 billion, up 9%. In other words, shares were about to surge.

And surge, they did…

Just three months later � on this past May 5th � subscribers had the opportunity to close out a 669% gain.

That's enough to turn that $20,800 into $160,000!

Not bad for just a few months of "work," is it? In fact, it's more than most families make in an entire year. But you could be doing this on a regular basis.

And you don't even have to take my word for it…

"Best Investment I Ever Made" � Subscriber A.T.

Our in-box is constantly flooded with emails from subscribers enjoying great success. Take a look…

The Hands-Down Best Service Ever!
"This service is the absolute best I have seen in 25 years of investing!"
� M.W.

Already Recouped My Membership!
"Since I became a member one month ago I have recouped the investment I made to become a member, and in market conditions that are still difficult. Please keep on with what you are doing. Your insight and advice is really beneficial."
� P.M.

Can't Wait for the Next Recommendation!
"I am very impressed with your information and your recommendations. I decided to act on your GRMN recommendation and am very happy that I did. I can hardly wait for your next recommendation. I have $10,000 and well intend to grow it to $1,000,000 acting on your recommendations…"
� A.M.

Excellent Returns the Very First Week!
"I decided to try my first time investing in securities with LLL and made an excellent return during the first week… I will continue to subscribe to your service, as the majority of them are solid winners. Keep up the great work. Thanks.
� G.S.

This is just a sampling of what we've recently received. No doubt, when Alex unveils the next string of big winners in the coming weeks there will be a deluge of similar letters… Perhaps even one from you once you've witnessed the money making power of this strategy firsthand.

So how much could such a profit-generating research service cost? You may be shocked to find out…

Serious Profits… Serious Value

As you can see, identifying these Single Stock Rallies is no easy task. You need the contacts, the technology, and the know-how to make a killing. And now one of the world's top investing minds will deliver it all to you on a silver platter.

We normally charge $4,995 for the elite research you'll find in the Momentum Alert. It's a great deal considering that just this year subscribers had the opportunity to turn every $10,000 into $160,000 in only four months… And considering that some of the world's biggest firms pay $36,000 per year to access similar research.

That's why the Momentum Alert is superior to any strategy of its kind in my opinion, and well worth the price.

But here's the thing. Alex has just locked on to what could be the hottest winning streak of his career. And he's anxious to get as many Oxford Club members on board as possible.

So through a special arrangement he and I have made, you can now receive an entire year's worth of Momentum Alert for only $2,495. That's HALF OFF our normal price. Think about it…

If you'd just invested $830 in the last 3 trades (for a total investment of $2,495), you'd be sitting on $9,100 in pure profits right now.

And don't forget…

Where Shall I Mail Your Check?

Because I'm so confident in Alex and his VIP research, we're also going to pay you $1,500 to get on board. So when it's all said and done, you're really only paying $995. That breaks down to only $83 a month! Less than what you're probably paying the cable company to access the "talking heads."

However, this is a lot of money in guaranteed pay outs, so this will be a limited time offer.

Just make sure you provide your full address and I'll overnight you a check � via Fed Ex � on August 20 (no P.O. Boxes please). By then, we expect that you'll have made up your entire subscription cost anyway.

But if for some reason you haven't… or if you simply decide that Momentum Alert isn't for you � for any reason at all � contact us within the next 45 days for a FULL refund. No questions asked.

Although I seriously doubt it will come to that.

How to Get Started Today

Here's what you'll receive once you decide you're ready to make money following Alex's expert lead:

A password to access members-only Momentum Alert information online. Here you'll find archives of the Momentum Alert, where you can review past recommendations and track the performance of the current portfolio listed at the bottom of each alert.

Fast recommendations. In all, Alex's subscribers enjoy approximately 50 new recommendations per year. But bear in mind, the window of opportunity for cashing in on these fast-moving plays is usually small. That's why each alert will be rushed to you by e-mail or fax, whichever you prefer.

Expert stock analysis. Each recommendation is based on a scientifically proven strategy, backed by 107 years worth of data. Alex puts each company through a rigorous thirteen-factor screener to identify the next big Single Stock Rally. Plus, he has the software… the experience… the contacts… and the knowledge to unearth only the opportunities with the biggest profit potential.

Profit protection with Trailing Stops. Whether you're paper trading, or playing for real, trailing stops help you lock in your gains and minimize losses. You'll never, ever have to lose sleep over your investments again. For example, after Alex led subscribers to a fast gain on Warnaco Group, Inc., he recommended selling. Three weeks later, the best stock was down more than 16%... a pitfall Momentum Alert subscribers easily sidestepped.

An investment research service with a truly extraordinary track record. Since 2005, the advisory service has generated an audited 4,650% cumulative gain… including losers!

Your personal check for $1,500. Once you agree to ignore the media pundits for the next 45 days and try Alex's research, we'll Federal Express your $1,500 check on August 20th. As I'm sure you can understand, once we've sent your check, we cannot refund you.

We do need to hear from you right away though if you're interested in the kinds of opportunities I've been talking about.

Simply click here to accept your special members-only check. And to get in on the next two plays that could help you turn $10,000 into $160,000. Or if you'd prefer, you can call our Member Services Department at 888.570.9830 or 410.454.0498 and mention Priority Code: MMALK614 and we'll process your order person-to-person.

The Actual Money Supply

On February 17, 2000, then Federal Reserve Board Chairman, Alan Greenspan, was answering a question from Congressman Ron Paul during a House of Representatives Committee on Financial Services hearing, when the following exchange took place.

Mr. Greenspan: "Let me suggest to you that the monetary aggregates as we measure them are getting increasingly complex and difficult to integrate into a set of forecasts.

"The problem we have is not that money is unimportant, but how we define it. By definition, all prices are indeed the ratio of exchange of a good for money. And what we seek is what that is. Our problem is, we used M1 at one point as the proxy for money, and it turned out to be very difficult as an indicator of any financial state. We then went to M2 and had a similar problem. We have never done it with M3 per se, because it largely reflects the extent of the expansion of the banking industry, and when, in effect, banks expand, in and of itself it doesn't tell you terribly much about what the real money is.

"So our problem is not that we do not believe in sound money; we do. We very much believe that if you have a debased currency that you will have a debased economy. The difficulty is in defining what part of our liquidity structure is truly money. We have had trouble ferreting out proxies for that for a number of years. And the standard we employ is whether it gives us a good forward indicator of the direction of finance and the economy. Regrettably none of those that we have been able to develop, including MZM, have done that. That does not mean that we think that money is irrelevant; it means that we think that our measures of money have been inadequate and as a consequence of that we, as I have mentioned previously, have downgraded the use of the monetary aggregates for monetary policy purposes until we are able to find a more stable proxy for what we believe is the underlying money in the economy."

Dr. Paul: "So it is hard to manage something you can't define."

Mr. Greenspan: "It is not possible to manage something you cannot define."

Here we have possibly the most influential and powerful banker in the world, who is in charge of managing the most widely used money in the world – the U.S. dollar – telling us not only that he doesn't know what money is, or how to measure how much of it there is, but admitting that it's impossible to manage the money supply precisely because they have not yet figured out what it is or how to measure how much of it there is.

For something we use every day and that is an integral part of our lives, it is remarkable how little we know about money.

When the money supply increases (inflation) money loses value (prices rise). Because the money supply is almost always increasing (inflation), and therefore decreasing the value of money, it means that our standard of living is eroded over time if our income is fixed, or not rising as fast as the inflation rate (the rate of increase in the money supply). Yet there is no credible measure of the inflation rate. I have been searching for an answer to the actual inflation rate for more than a decade and there was none that I felt was accurate enough, so I had to design my own.

Actual Money Supply (AMS) is a tool that I created to measure the money supply in the United States and therefore the actual monetary inflation rate. The chart below is always the most recent one I have and is updated as data becomes available.

phpMxg4QA

Because the monthly, year-over-year data depicted in the chart is so volatile I added a rolling 12-month average of the Actual Inflation Rate to the chart. The rolling 12-month average inflation rate is itself still quite volatile, but much less so than the actual monthly data.

It is interesting to note that the average rolling 12-month inflation rate averages 8.25% for the past 15 months. To put that in context, the average inflation rate from 1970 to 1979 was 8.32%. We are, absolutely, in a highly inflationary environment. Deflation is not only unlikely given the structure of the US banking system, but nowhere to be seen in the data either.

Demand destruction has had a severe impact on the prices of many goods and services, but that should not be confused with deflation. Inflation and deflation are monetary phenomena and the recent decline in prices has only lead to confusion and further obfuscation of what is really going on.

Monetary inflation is currently mitigating the price declines we are witnessing, meaning those prices that are declining would have declined much more were it not for the inflation, and will eventually cause prices to start rising again. Our greatest concern should not be with the current falling prices of goods and services, but with the rate at which they will rise in the future vis-à-vis our capital and income. I suspect there are very few people out there whose income and stock investments are keeping up with the inflation rate, which means their wealth is eroding in real terms.

I have also been aggregating and calculating similar money supply and inflation data for Canada and found that the Canadian dollar's inflation rates for 2007 and 2008 were much higher than the inflation rates of US dollar. However, the average inflation rates for 2009 thus far are exactly the opposite. Canada's inflation rate is falling while that of the US is remaining steady above 8%.

Year US CAD
2007 7.93% 9.55%
2008 8.31% 10.23%
2009 8.48% 6.89%

For those interested in gold, my fair value of gold for 2008 was $763 an ounce. Using the average of 2008 and 2009's inflation rates for the U.S. dollar, and gold's inflation rate for 2008, I come up with an approximate average value for gold of $815 for 2009. Please note that this is an estimate of the average value for the year, and not a year-end estimate.

Clearly the gold price is well above $815 an ounce, and has been so for quite some time. The macro economic environment has probably never been so obviously in favor of gold and it is my belief that the market has already priced much of this into the gold price. While I fully recognize gold's lure at these times, and the probability that the gold price could still increase quite substantially, I remain cautious about gold. Recall that stock investors who bought gold when it was grossly over-priced during 1979 and 1980 and then forgot to sell, suffered severe losses.

I would personally prefer gold to sell down to around $800 an ounce, where I know it represents good value, than buy gold at over-valued prices and hope that it keeps going up.

Jun 26, 2009

Looking for SP500 to Fall

Stocks Market Summary (continued)

Friday the market bounced, but it was a bounce that did not change anything. Indeed, Wednesday through Friday the market bounced and it did not change anything either. The prior Thursday SP500 tried to break through its January peak. It did, but then it failed and rolled over. Since then, the market sold off back to next support level and mid-week it tried to bounce. That bounce did not change the market character or our outlook on what will happen next.

There was not a whole lot of news Friday. RIMM announced its earnings on Thursday night and they were a bit disappointing, but as usual they impacted RIMM the most - the rest of the market was relatively immune. AAPL, its main competitor, actually enjoyed a good day as it released its next generation of faster iPhones.

Iran said no to the vote. It put its foot down and said the vote is going to stand as it is, and we will see what happens in the streets. Early on that news helped bump oil higher, but by the end of the day, even with Nigerian rebels attacking once more, oil closed down below $70 after hitting over $72 during the week. Oil closed at $69.64, down $1.73. It was expiration Friday and there was some volatility on the session, and certainly volume was up just as you would expect on a good, solid, quadruple expiration day. All in all, an ordinary expiration session.

POT (Potash Corp.)
Company Profile
After showing us a great upside setup making us a lot of money on the upside on its May breakout and run higher (336% on our options, 40% on our stock), POT started showing classic signs of topping. In late May it peaked and gapped lower. It recovered, but after clearing the high on some very low volume it reversed intraday and then gave up the high with another gap lower. A low volume high, a reversal, an inability to hold the high. With that set up we were looking to enter on any further weakness.

We put it on the report, and as POT weakened again at $114 we moved in with some July $115 strike put options at $10.60. Pricey, but POT had surged and with this classic toppy pattern we were looking at a pretty big drop.

Well, POT did not drop right away. Instead of just a double top it held the 18 day EMA and bounced once more. It did not clear the prior second peak in this pattern, however, and thus we let the position work for us. Our mistake in the play was not buying MORE puts when POT showed a doji below the second peak, a triple top.

On 6-15 POT did make the break, gapping lower for the third time in the topping pattern. This time it did not recover at the 18 day EMA and the bottom of the lateral move. It sold $4.16 on to $107. It gapped massively lower the next session, falling $11.50 to close at $95.59. The decision at that point was whether to take gain, to take all the gain, or take part of the gain. A stock that gaps sharply lower tends to continue that move. You have to look, however, whether it gaps THROUGH key support. If so, it is going to continue in the direction of the gap. If not it could find support and bounce.

POT did not gap through key support. Indeed it gapped lower to the early May consolidation range after breaking out from a 3 month base. That is pretty good support. Given that, we decided to sell half our option position. We sold the options for $19.40, banking $8.80 per option or 83%. We moved our stop because with the support at this level we had to watch to see if it was going to bounce on us. The next session it showed a doji, an indication it might try to bounce, but it still closed a bit lower. Friday POT gapped higher but rolled over to lose $2.30 and close at $92.72. A bit closer to the tops in the February to April base. Lowered the stops again, but not so close that IF POT does not rebound sharply but breaks below those peaks we are still in our position and able to make some really impressive gains. That is why we keep part of our positions working for us after taking initial profits; that is where the really big money is made, not just the 'fast money' that often gets people into trouble as they don't let their profits run.

STOCK SPLIT PLAY

Playing best stock splits can be very profitable, but it takes know-how. Our stock split service focuses on three main types of plays:

1) pre-announcement (where we forecast an upcoming split prior to the company making the announcement); 2) pre-split (these plays are made in the days leading up to the actual split day); and 3) post-split plays (plays made after the actual stock split where the stock is showing continued or renewed strength).

For post-splits, we can play them as we would pre-splits (very short term), but we prefer to stretch our horizons, playing the trend. When playing options, we look further out, 2 or more months at least. We let the trend carry us along if there is one, but we will also take profits if the technical pattern degenerates, e.g., breaks a trendline. The main difference between post-splits and pre-splits plays is that we really have to like the pattern. Pre-splits can run right before their splits even with poor technical indicators. For post-splits, we are looking at the stocks from more of a longer term "would I buy this stock at this juncture?" position. Now there are times when a hot stock splits and investors pile in to get in while the stock is 'cheaper.' We play those, but with more of a short-term, pre-splits mentality in that we will be ready to get out fast if the momentum fades.

Remember, everything we do has to pass muster with the market that day ... don't fight the market on these plays.

MD (Mednax Inc.--$41.05; -0.66; optionable): Neonatal, pediatric, etc. services
Company Profile
After Hours: $41.05
EARNINGS: 05/07/2009
STATUS: Double bottom w/handle. A pair of low lows, one in November and one in March set the foundation for this 10 month base. Rallied into May and then shot higher on its earnings. It is now testing, coming back to bottom this week at the 50 day EMA (38.87), bouncing Thursday and Friday though it could not hold the Friday move. Nice test, setting up a good opportunity for us this week if MD can hold and turn back up.
Volume: 764.034K Avg Volume: 348.803K
BUY POINT: $41.56 Volume=523K Target=$49.95 Stop=$38.65
POSITION: MD KH - Nov. $40c (52 delta, wide spread) &/or Stock

ARAY (Accuray Inc.--$7.51; -0.13; optionable): Medical appliances
Company Profile
After Hours: $7.50
EARNINGS: 05/05/2009
STATUS: Flag. Medical appliances and equipment are where some serious money is heading. ARAY surged higher to start June, breaking out from a 4 month ascending base. Nice strong first surge then a nice easy test last week, coming back to the 10 day EMA (7.39) and holding nicely. Hitting on all cylinders with surging money flow and excellent upside volume. May take a couple more days to test, but when it starts higher we will be ready to step in.
Volume: 443.698K Avg Volume: 324.374K
BUY POINT: $7.69 Volume=487K Target=$9.95 Stop=$7.15
POSITION: QVY IU - Sept. $7.50c (52 delta) &/or Stock

Wake Up and Smell the Indicators!

Although there are a great many that believe the economy remains in the throws of recession and is likely to stay that way for a while, we've got some advice for them: Wake up and smell the indicators!

While we recognize that most people would rank digging through economic data right up there with watching paint dry, the bottom line is that this market is all about the turn in the economy, which means that the economic data is vitally important during this phase. In short, the good news is we continue to see signs of improvement on the economic front. And while everything isn't peachy keen, there was some very good news this week.

For example, the Conference Board announced that its index of leading economic indicators, or LEI (an index designed to forecast economic activity in the coming 3-6 months) rose by a record 1.2%, which marked the first positive growth since April 2007. The increase was the most since March of 2004 and triggered an expansion signal for the economy.

What is important about this particular indicator is it has an almost perfect track record of calling the end of recessions! In addition, seven of the index's ten categories rose in the month of May, including consumer expectations, stock prices, money supply, building permits, and vendor supply deliveries.

Beyond the LEI, there were several other bits of positive news announced. For starters, the Philadelphia Fed General Business Index soared Thursday by 20.4 points to a reading of -2.2 which not only was the highest reading since September, but also well above the consensus reading of -17.0. And don't look now, but over the past year, this index is actually UP 15.5 points, the biggest year-over-year increase since 2004.

Moreover, manufacturers in the Philly region are increasingly optimistic about activity six months from now. The Future Activity Index rose 12.6 points, its third straight monthly increase, to 60.1, its highest level since September 2003. The improvement was broad-based, as all components advanced into positive territory with the exception of inventories. The sustained improvement in the future activity index suggests that manufacturing will pick up over the next several months.

Next up was the latest report regarding 30-year mortgage rates. The average rate fell from 5.59% to 5.38%, the first decline in weeks. This is good news for home buyers as it makes housing more affordable and helps toward stabilizing prices.

The Labor Department also announced good news on Thursday. The total number of people filing for unemployment insurance dropped by roughly 148,000 in the first week of June, marking the largest fall in over seven years. The figure also shattered a 19 straight record-high streak.

Though Thursday offered some positive news, worries over the future of the economy still weigh heavy on market players. Some economists offer that the unemployment rate, which reached a 25-year high of 9.4% in May, may reach double digits by the end of the year. Other worries lie in the nature of the recovery. Some economists project the recovery to be "jobless" - employers remain reluctant to hire while their businesses continue to improve. One of the most pertinent concerns economists share is the enormous debt incurred in an attempt to save our financial system.

But the good news is that our indicators suggest the end of the recession is near. So, while there is plenty of bad news out there, we felt obligated to share some good news as well.

For post-splits, we can play them as we would pre-splits (very short term), but we prefer to stretch our horizons, playing the trend. When playing options, we look further out, 2 or more months at least. We let the trend carry us along if there is one, but we will also take profits if the technical pattern degenerates, e.g., breaks a trendline. The main difference between post-splits and pre-splits plays is that we really have to like the pattern. Pre-splits can run right before their splits even with poor technical indicators. For post-splits, we are looking at the top stocks for 2010 from more of a longer term "would I buy this stock at this juncture?" position. Now there are times when a hot stock splits and investors pile in to get in while the stock is 'cheaper.' We play those, but with more of a short-term, pre-splits mentality in that we will be ready to get out fast if the momentum fades.

Remember, everything we do has to pass muster with the market that day ... don't fight the market on these plays.

Listen to Stock Split Report Editor Jon Johnson's
stock split interview on CNBC-TV

Recommended Top Stocks This Week

MD (Mednax Inc.--$41.05; -0.66; optionable): Neonatal, pediatric, etc. services
After Hours: $41.05
EARNINGS: 05/07/2009
STATUS: Double bottom w/handle. A pair of low lows, one in November and one in March set the foundation for this 10 month base. Rallied into May and then shot higher on its earnings. It is now testing, coming back to bottom this week at the 50 day EMA (38.87), bouncing Thursday and Friday though it could not hold the Friday move. Nice test, setting up a good opportunity for us this week if MD can hold and turn back up.
Volume: 764.034K Avg Volume: 348.803K
BUY POINT: $41.56 Volume=523K Target=$49.95 Stop=$38.65
POSITION: MD KH - Nov. $40c (52 delta, wide spread) &/or Stock

TLB (The Talbots Inc.)

TLB has made a very strong move over the last couple of trading days and has gone a little too far too fast for me to enter, but it looks like it definitely is worth continued watching perhaps to catch an entry on an upturn from a dip.

POT (Potash Corp.)
After showing us a great upside setup making us a lot of money on the upside on its May breakout and run higher (336% on our options, 40% on our stock), POT started showing classic signs of topping. In late May it peaked and gapped lower. It recovered, but after clearing the high on some very low volume it reversed intraday and then gave up the high with another gap lower. A low volume high, a reversal, an inability to hold the high. With that set up we were looking to enter on any further weakness.

We put it on the report, and as POT weakened again at $114 we moved in with some July $115 strike put options at $10.60. Pricey, but POT had surged and with this classic toppy pattern we were looking at a pretty big drop.

Well, POT did not drop right away. Instead of just a double top it held the 18 day EMA and bounced once more. It did not clear the prior second peak in this pattern, however, and thus we let the position work for us. Our mistake in the play was not buying MORE puts when POT showed a doji below the second peak, a triple top.

On 6-15 POT did make the break, gapping lower for the third time in the topping pattern. This time it did not recover at the 18 day EMA and the bottom of the lateral move. It sold $4.16 on to $107. It gapped massively lower the next session, falling $11.50 to close at $95.59. The decision at that point was whether to take gain, to take all the gain, or take part of the gain. A best stock that gaps sharply lower tends to continue that move. You have to look, however, whether it gaps THROUGH key support. If so, it is going to continue in the direction of the gap. If not it could find support and bounce.

POT did not gap through key support. Indeed it gapped lower to the early May consolidation range after breaking out from a 3 month base. That is pretty good support. Given that, we decided to sell half our option position. We sold the options for $19.40, banking $8.80 per option or 83%. We moved our stop because with the support at this level we had to watch to see if it was going to bounce on us. The next session it showed a doji, an indication it might try to bounce, but it still closed a bit lower. Friday POT gapped higher but rolled over to lose $2.30 and close at $92.72. A bit closer to the tops in the February to April base. Lowered the stops again, but not so close that IF POT does not rebound sharply but breaks below those peaks we are still in our position and able to make some really impressive gains. That is why we keep part of our positions working for us after taking initial profits; that is where the really big money is made, not just the 'fast money' that often gets people into trouble as they don't let their profits run.

FAS (Direxion Daily Financial Bull 3X Shares)
This past week, Option Trader closed a debit spread on FAS for a before commission gain of 76% in just under three months. Thereafter, a new debit spread was entered using slightly different strikes. For those with an interest in financials, FAS is an interesting vehicle.

CI - CIGNA Corp. is currently trading at $25.24. The July $25.00 Calls (CIGE) are trading at $1.75. That provides a return of about 6% if CI is above $25.00 on expiration Friday in July.

Too Stupid to Survive

Coming home from the annual meet-up of the New Urbanists, I was already agitated from the shenanigans of United Airlines — two-hour delay, blown connection — when I waded into this week's New York Times Sunday Magazine for further evidence that our ruling elites are too stupid to survive (and perhaps the US with them).  Exhibit A was the magazine's lead article about California's proposed high-speed rail project by Jon Gertner.

The article began with a description of California's current rail service between the Bay Area and Los Angeles. A commission of nine-year-olds in a place like Germany could run a better system, of course. It's never on schedule. The equipment breaks down incessantly. A substantial leg of the trip requires a transfer to a bus (along with everybody's luggage) with no working toilet.  You get the picture: Kazakhstan without the basic competence.

The proposed solution to this is the most expensive public works program in the history of the world, at a time when both the state of California and the US federal government are effectively bankrupt.  By the way, I wouldn't argue that California shouldn't have high-speed rail.  It might have been nice if, say, in the late 20th century, some far-seeing governor had noticed what was going on in France, Germany, and Spain but, alas....  It would have been nice, too, if the doltish George W. Bush, when addressing extreme airport congestion in 2003, had considered serious upgrades in normal train service between the many US cities 500 miles or so apart. The idea never entered his walnut brain.

The sad truth is it's too late now.  But the additional sad truth, at this point, is that Californians (and US public in general) would benefit tremendously from normal rail service on a par with the standards of 1927, when speeds of 100 miles-per-hour were common and the trains ran absolutely on time (and frequently, too) without computers (imagine that!). The tracks are still there, waiting to be fixed.  In our current condition of psychotic techno-grandiosity, this is all too hopelessly quaint, not cutting edge enough, pathetically un-"hot." The fact that it is not even considered by the editors of The New York Times, not to mention the governor of California, the President of the United States, and all the agency heads and departmental chiefs and think tank gurus and university engineering professors, is something that will have historians of the future rolling their ey es.  But for the moment all it shows is that we are collectively too stupid to survive as an advanced society.

Ironically (if you go for gallows irony) a sidebar in the same issue of The NY Times Sunday Magazine featured the latest architect's wet dream of an airport-of-the-future (p.35). Note to the editors and architects: commercial aviation is toast (we just don't know it yet). We're back in the $70-plus a barrel-of-oil aviation death-zone for airlines.

Also ironically proving that America is not alone in techno-triumphalist mental illness was another big article in the same magazine featuring French President Nicolas Sarkozy's neo-Modernist fantasies for vast new construction projects in Paris.  Note to Sarko: the developed world's metroplexes are headed for shocking contraction, not further expansion. I know this is counter-intuitive, but a little applied prayerful research will bear it out.  And, by the way, the last thing any city on earth needs is more skyscrapers — i.e. buildings that have no chance of ever being renovated when they reach the senility stage of their design-life.  For really mind-blowing statements, this one from that article is a standout: "Paris's current problems as a city can be traced to the very thing that makes it most delightful — its beauty."  Right.   So, the solution will be to make it more like Houston.

Actually, I doubt the French people consider these schemes anymore plausible than ur-Modernist Le Corbusier's 1924 proposal to bulldoze half of the Right Bank and replace it with dozens of identical skyscrapers. The French people laughed at Corbu, and put their vertical slums outside the city center, but notice that we Americans actually did it, replacing our old human-scaled center cities with priapic arrays of glass-and-steel tubes surrounded by parking lagoons. Anyway, nobody in the OECD world will have the energy to carry out anything like this again, not even France with its nuke plants.

Which brings me back to the New Urbanist annual meet-up last week in Denver. Given the gathering conditions of what I variously call The Long Emergency or the economic clusterf**k, they have had to shift their focus starkly. For years, their stock-in-trade was the greenfield New Town or Traditional Neighborhood Development (TND), a severe reform of conventional suburban development.  That sort of reform work was only possible when 1.) the continued expansion of suburbia seemed utterly inevitable, requiring heroic mitigation and 2.) when they could team up with the production home-builders to get their TND projects built.  To the group's credit, they realize that these conditions are no more. Suburbia is now craterin g, both as a re pository of wealth in real estate and as a practical matter of everyday existence.  They get that the energy crisis and all its implications are real and that our response to it had better be deft.  They understand that the capital resources we thought we had for Big Projects are flying into a black hole at the speed of light. Mostly they see that he time for "cutting edge" fashionista techno-triumphalist grandiosity is over.

To put it bluntly, the Congress for the New Urbanism (CNU) is perhaps the only surviving collective intelligence left in the United States that is producing ideas consistent with the reality.  They recognize that our survival depends on downscaling and re-localization. They recognize the crisis we will soon face in food production, and the desperate need to reactivate the relationship between the way we inhabit the landscape and the way we feed ourselves. They recognize that the solution to the liquid fuels crisis is not cars that can run by other means but walkable towns and cities connected by public transit.

This is exactly what you will not find in the pages of The New York Times or the political corridors of power.  Oh, by the way, the Obama administration contacted one of the leading lights of the New Urbanism in the weeks after the inauguration.  He never heard back from the White House.  I guess they're not interested

 Top Stocks To Buy

Allow me to remind you that James Howard Kunstler will be joining us on the Whiskey Bar panel in Vancouver. It's Ten Years of Reckoning, Shooters, and our flagship newsletter The Daily Reckoning is the belle of the ball…but your Whiskey crew still plans to make our discussion the highlight of the event. Hope you'll be there to join us. Just click here to read more.

The reader who fired off those vicious emails about our silver promotion sent me one more gem of an e-mail…

Professor Gary,

Thanks for the English lesson. Grammar was never my thing but then I don't write for a living.

I guess you didn't receive the letter SPLITTING HAIR.  I sent it to the above address and to the AGORA address .I think you will find my sources in that letter more to the point of fact.

 If you are angry with me, you are misdirecting your emotion. If you research my Splitting Hairs letter you may understand what and why I wrote the first two letters. You seem to find pleasure in belittling (putting people down and humiliating them) .Why is that? I guess a previous writer from New Jersey was not completely wrong of his opinion about black, oops, afro-Americans who find themselves in positions of so-called power. It is easy to judge people as I am sure you have discovered. You may proclaim your Whiskey & Gunpowder to represent the everyday person on the street. I personally think my title for you and what you think and write is Champagne & Babypowder.

Once again thanks for the grammar and spelling lessons, but mostly thanks for revealing your TRUE NATURE.

Oy, every time with the references to my race. Would these words be easier to take coming from a white man? Does it bother you that a Negro would get so uppity?

I suppose it's just human nature to lash out at someone's otherness when they've pissed you off. (After all, what do we all yell when someone of a different race cuts us off in traffic? Be honest…)

And I don't care why you wrote your first two letters because you were challenging and insulting. You get as you give.

As for my true nature: I'm a bit of a misanthropic, curmudgeonly loner who honestly believes that nine out of every 10 bipeds on this planet are a waste of space, but I adore dogs and babies. Most of the one out of 10 who are worth my time are probably reading this newsletter.

Now I have to thank all of you who lent your support when that (former) reader questioned our silver coin promotion and my integrity…

Top Stocks Market of 2010

Gary,
 
I just had to respond concerning the "reader" who attacked you about the "Silver Eagle Coin'. (While you were sitting, minding your own business, at the bar)

Don't you wish that a few more of your readers were literate? I'm sure that it would make your job so much more pleasant. If this "reader" doesn't know the difference between 'uncirculated', MS69, and MS70, he should keep it to himself. I too am a coin collector and have purchased coins from the major dealers including First Federal.

No I am not a 'shill' for, or an employee of First Federal. I have, however, found their prices to be competitive.
 
Note to the "reader": Two words- Rosetta Stone (English version)
 
Note to Gary: When sitting at the bar, don't have your back to the door; sneak attacks will happen!
 
P.S.: 'Angora' is a rabbit. We raised them on the farm when I was a kid.
 
I enjoy your work, Gary. Keep it up!

Thank you very much. And I'm a big fan of rabbits. The bunny is my totem animal. Like your editor, bunnies are cuddly but surprisingly violent.

...Just finished reading your reply to the grumbling idiot about the Silver Eagles, MS-70 ratings, etc. They walk among us. Distrustful skeptics, always expecting to get 'prime' for free, without having to sift through the necessary 'fluff' extras that allow 'free' to even exist. Can't simply pass on an offer; they have to spout off when someone's perceived to be screwing people over, in the name of lucre. My response would be: "You tell them, diaper."

Same type who get defensive about opposing political rants, and union labor policies that effect business economics. Your comebacks to the email criticisms are usually right on the mark. (Big: "Yeah!" with a fist thrust into the air above me.) BTW, I live in a suburb of Detroit, with a brother in the union at GM. I formerly worked with a supplier to the auto plants. So, I don't agree with some of the cold harsh realities, but am infinitely better prepared for an uncertain future, as a result of reading Agora and other publishers, and acting on some of the nuggets of wisdom that can be found in your publications.

Personally, I love W&G, the wide variety of topics and writers, and the education so generously provided, free of charge.

Keep up the good work, and don't let the bastards get you down. You've even taught me the fine art of making a strong counterpoint to an argument, by backing it up with sound facts. Bravo.

Thank you. How boring would it be if we agreed on every little thing? Perfect agreement sounds an awful lot like hell or the hive-mind state about which the nannies and meddlers dream.  I just hope today's missive from James Howard Kunstler concerning the future of the car doesn't have you pounding the "unsubscribe" button.

Based on today's comments from a disgruntled reader I took the time to look into the silver coin offer and wound up buying 5 for myself.
 
I got acquainted with Bob Allison and talked for 30 minutes. I like his approach and plan to buy gold coins from him. His association with Agora and your organization gives him and his firm credibility.
 
So relax, because if the disgruntled reader hadn't written his diatribe I probably would not have proceeded with my plan to buy coins.

Well, we didn't see that one coming! Thanks and I'm thrilled to hear it.

First and foremost the Whiskey Bar is a place for folks like us to gather and exchange ideas. At least, that's what I've been trying to make it. We're fellow travelers here, bound by ideas about self-determination and the right not to be meddled with or coerced…not by the voting booth and not by government guns.

The bar needs to make a buck, 'tis true, but any advertisements that appear herein will be on the up-and-up. I want you to keep coming back because I really enjoy the conversation.

Speaking of which, I would love to see your responses to Mr. Kunstler's latest missive. Allow me to reiterate a point I think a lot of otherwise sensible people aren't getting: "…the solution to the liquid fuels crisis is not cars that can run by other means but walkable towns and cities connected by public transit."

Top Stocks For 2010

It galls me that all those socialists in Europe get to have all those beautiful, pedestrian-oriented towns and cities linked by efficient rail. It makes it seem as if they actually did something right…and I won't stand for it!

Built environments catering to the pedestrian are the most pleasant places on earth. We are losing nothing by being forced by circumstances to return to them. We stand to lose a lot if we cling to the tyranny of the automobile-centric model. I'm not saying the automobile doesn't have its place; we ought just to rethink how much we've been catering to the damned thing.

I await your howls of protest and thoughtful rebuttals.

Trends in the Post-Bubble Era

Let us begin with a chart, which was sent to us by Dr. Eberhardt Unger:

phpbVyHF2

Savings are going up. Spending is going down. That is the fundamental economic trend of the post-Bubble Epoque era.

"Without a genuine return of the tendency of households to consume," says Dr. Unger, taking the words out of our mouth, "there can't be, in the United States, a durable economic recovery. Manufacturing is still in sharp decline. It's only the presence of a large volume of liquidity that permits Wall Street to fantasize about a new phase of economic growth."

Forget the rally; it's fake. And forget the 'green shoots.' They'll soon shrivel up in the hot summer sun. There ain't going to be any real recovery in the immediate future until the mistakes of the recent past are corrected. And that, as we keep saying, takes time.

Yesterday, the Dow rose 58 points. Oil and bonds both stayed put. Gold lost a dollar. And the dollar itself is back to $1.38 per euro.

Nothing very exciting.

But what's this? It's the end of the housing decline! For the first time in two years, property prices in Southern California went up last month. Is that good news, or what?

But wait…they only went up because more expensive houses were sold. Apparently, the mortgage market has loosened up enough to permit larger houses to find buyers. Good news for people who want to buy or sell a house for more than $500,000. But we're not sure it is any indication of a strengthening housing sector. Half the houses sold had been foreclosed.

It's hard to imagine people bidding up house prices when their savings rates are going up and their spending rates are doing down. The three just don't go together. Like a top hat, morning coat, and a pair of sneakers. Like Moe, Larry, and Omar…or the father, the sun and the holy tomato. Nah…not likely. Prices should stabilize…but they're not likely to rise.

And here's a new forecast from Deutsche Bank that says house prices in the New York area will drop by 40%. All real estate is local, of course. There are bound to be some areas where property prices fall more. And some areas where price declines have already overshot the equilibrium points. These latter areas may experience gains in the bounce-back…but don't expect any broad recovery in the housing market any time soon.

Meanwhile, stock investors take comfort from the employment figures too.

"Fall in jobless claims raises hopes," says an item in the Financial Times.

Continuing claims dropped off in the first week in June, the report explained. But each week still brings more claims. What, exactly, is happening, we don't know. But we doubt that there is any significant increase in employment in the works. The U.S. economy is still in a downward trend…and this summer, we predict, it will get worse.

Take another look at the chart. If this is really the deflationary/depressionary trend we think it is – lower consumer spending with higher consumer saving – there is no way that businesses are going to increase their production or their payrolls.

Producer prices are falling faster than they have for five decades – at a 5% rate. Capacity utilization is at an all-time low. Factory output is falling faster than at any time since the shut-down following WWII. The price of labor, the major cost for most businesses, is falling. Ergo, businesses have no pricing power…and no way to increase margins. So, don't expect consumer price inflation…or a business cycle upswing…any time soon.

Of special interest to us is whether or not Mr. Market will be given the time to correct his errors and mend his ways. Except for our heroine, Angela Merkel, practically every major world leader is against him. They're spending trillions to try to make sure that what should happen doesn't.

And they have extravagant hypotheses and bumptious pretensions. What they don't have is any experience or proven theory that justifies their trillion-dollar interventions.

Above, we said that you shouldn't expect inflation. Well, we take that back. 'Normally,' we should add, you shouldn't expect inflation under these circumstances. But there's not much normal about these times…

Shadow Statistics' John Williams explains why inflation, even hyperinflation, lies ahead:

"The Fed's efforts at U.S. dollar debasement have been instrumental in recent dollar weakness, which in turn has contributed to the upside pressure on dollar-denominated oil prices. Irrespective of near-term currency market gyrations and central bank intervention, the dollar ultimately is headed much lower against the major currencies. Such helps to generate inflationary pressures in the United States that are not reflective of strong economic activity.

"While the excessive growth in the monetary base (100%-plus year-to-year) only has begun to trickle slowly into the broader money measures, the flow can accelerate sharply and quickly. The weakening dollar and Fed activity aimed at dollar debasement have contributed to declining demand for U.S. Treasuries. With low fundamental stocks investor demand for Treasury securities, the Fed increasingly will have to monetize U.S. Treasury borrowings, whether directly or by stealth (such as Federal Reserve largesse flowing to the Treasury through banks now obligated to and/or controlled by the government), despite official protestations to the contrary.

"As non-demand-driven inflation and money growth begin to pick-up, so too should the velocity of money (see Money Supply Special Report at www.shadowstats.com) and inflation. Risks never have been higher for the onset of a U.S. hyperinflation within a one-year period. While my timing forecast for such an event remains in the range of 2009 to 2014, given where we sit on the calendar, early 2010 looks increasingly dangerous."

We search the history books looking for case studies. How many times before have economies walked in front of a bus? What happened to them afterwards?

We have already looked at Japan in the '90s…and the United States in the '30s. Today, our weary eyes turn to the pampas, where they seem to step in front of busses every day.

At the beginning of the last century, Argentina was roughly comparable to Europe and America in terms of its industrial growth and wealth. Britain was still considered the richest nation; but an Argentine worker earned almost as much as his British confrere. Argentina had a growing middle class, a democratic government, the world's grandest opera house and its widest boulevard.

"As rich as an Argentine," was a popular expression in England at the time. Argentine planters did the shopping in London and Paris…and took their vacations on the Cote d'Azur. New York was a bustling metropolis, just like Buenos Aires. But New York was grimy. Buenos Aires was beautiful…with grand buildings in the Belle Epoque style and mild weather.

But something went very wrong on the pampas. A Wikipedia search brings up this:

"Argentina went through steady inflation from 1975 to 1991. At the beginning of 1975, the highest denomination was 1,000 pesos. In late 1976, the highest denomination was 5,000 pesos. In early 1979, the highest denomination was 10,000 pesos. By the end of 1981, the highest denomination was 1,000,000 pesos. In the 1983 currency reform, 1 Peso argentino was exchanged for 10,000 pesos. In the 1985 currency reform, 1 austral was exchanged for 1,000 pesos argentinos. In the 1992 currency reform, 1 new peso was exchanged for 10,000 australes. The overall impact of hyperinflation: 1 (1992) peso = 100,000,000,000 pre-1983 pesos."

What happened?

We'll have to look at that on Monday…we're out of time for today.

You're Rich and You Don’t Know It

Today you are richer than 99% of the people who ever walked the earth.

That's true even if you're out of work, flat broke, your credit cards are maxed out, your car's been repossessed and a sheriff's deputy has already served your eviction notice.

I'm about to explain why – and share the best three words of advice you'll ever get …

According to a recent CBS News/New York Times poll, Americans' views on the general state of the country have hit an all-time low, with 81% saying the nation is on the "wrong track" – the worst-ever number for this barometer.

Some will say this simply reflects The Great Recession and the inevitable pain and suffering it has wrought.

But that's not the whole story. Increasing numbers have been saying this – not just for years but for decades, with large majorities claiming that the country is going downhill, life is getting tougher, our children face a declining future and the world in general is going to hell in a hand basket.

Exactly why is pretty obvious…

We face the twin specters of terrorism and nuclear proliferation. American troops are bogged down in Iraq and Afghanistan. TV programming is trash. Taxes are high. The federal deficit is ballooning, home prices are falling, the currency is weak, food and fuel prices have jumped, credit is tight, and the stock market just experienced its worst year since 1931.

Of course, the national media delivers the world through a highly distorted lens. It does this to attract attention. It takes viewers to sell advertising.

And you don't draw a crowd talking about buildings that don't burn, planes that don't crash, or companies that are hiring instead of laying off.

Yet despite all the negative news, our general lot is getting better, not worse. As Greg Easterbrook of the Brookings Institution recently wrote in The Wall Street Journal, "Living standards are the highest they have ever been, including the living standards for the middle class and the poor. All forms of pollution other than greenhouse gases are in decline; cancer, heart disease and stroke incidence are declining; crime is in a long-term cycle of significant decline, education levels are at all-time highs."

Our ancestors just a few generations removed would marvel at life today. In the first half of the 20th century, for instance, most people earned a subsistence living through long hours of backbreaking work in forestry, mining, farms or factories.

Today we work roughly half as many hours, physical toil has ended for most wage earners, and we have more purchasing power with far more leisure.

In the first half of our nation's history, most Americans lived and died within a few miles of where they were born. Nothing – neither people nor news – traveled faster than a horse. And, as far as we knew, nothing ever would. Today we have instantaneous global communication, 24-hour broadband Internet access and same-day travel to distant cities.

Formal discrimination against women and minorities has ended. There is mass home ownership, with central heat and air-conditioning – and endless labor-saving devices: stoves, ovens, refrigerators, dishwashers, microwaves, cell phones and computers.

Medicine was almost non-existent 80 years ago. In 1927, for example, President Calvin Coolidge's sixteen-year old son Calvin Jr. developed a blister playing tennis without socks. It became infected. Five days later, he died. Before the advent of antibiotics, tragedies like this were routine.

Advances in drugs and technology have eliminated most of history's plagues. There has been a stunning reduction in infectious diseases.

We complain about the rising cost of health care. But that's only because we live long enough to need more of it. The average American lifespan has almost doubled over the past century.

We have low-cost access to information, art and literature. We have almost every imaginable political and economic freedom.

True, the federal government is a sprawling, metastasizing leviathan that needs to be beat back with a stick. But compare it to most governments in most countries down through the ages.

In short, we enjoy economic and political freedoms that millions throughout history have risked theirs lives for. We live a long time, in comfortable circumstances, and enjoy goods and services in almost limitless supply. By almost any measure, we are living better than 99% of the people who have come before us.

Yet Americans routinely tell pollsters that life is hard and things are getting worse. In short, we risk becoming the moping caricature that comedian Steve Martin creates when he grumbles, "the only joy I know is a dishwashing liquid."

Seldom do we take a moment to appreciate our incredible good fortune being alive.

As Oxford biologist Richard Dawkins writes:

We are going to die, and that makes us the lucky ones. Most people are never going to die because they are never going to be born. The potential people who could have been here in my place but who will in fact never see the light of day outnumber the sand grains of Sahara. Certainly those unborn ghosts include greater poets than Keats, scientists greater than Newton. We know this because the set of possible people allowed by our DNA so massively outnumbers the set of actual people. In the teeth of these stupefying odds it is you and I, in our ordinariness, that are here…

And none of us knows how long he's going to be here.

Take Eugene O'Kelly, former Chairman and CEO of accounting giant KPMG, for example.

Four years ago, he was diagnosed with inoperable, late-stage brain cancer. He was told he had three to six months to live. He was 53.

Suddenly, the life of this rich, powerful and privileged man, whose days were filled with executive meetings and business appointments, became something very different.

He was left with less than 100 days to live.

Top Stocks Market in 2010

"No more living in the future," he wrote in his memoir. "(Or the past, for that matter – a problem for many people, although a lesser one for me.) I needed to stop living two months, a week, even a few hours ahead. Even a few minutes ahead. Sixty seconds from now is, in its way, as elusive as sixty years from now, and always will be. It is – was – exhausting to live in a world that never exists. Also kind of silly, since we happen to be blessed with such a fascinating one right here, right now. I felt that if I could learn to stay in the present moment, to be fully conscious of my surroundings, I would buy myself lots of time that had never been available to me, not in all the years I was healthy…"

With the clock counting down, O'Kelly made a list of his closest friends and colleagues and planned a final encounter with each one:

"I stopped at each name and made myself recall, in the closest detail possible, all the moments the two of us had enjoyed together. How we met. What made us become friends in the first place. The qualities in them I particularly appreciated. The lessons I learned by knowing them. The ways in which having met him or her had made me a better person."

His friends were touched – usually overwhelmed – to know how much they had meant to him. "Enjoy every sandwich," he writes.

Most of us promise ourselves that one day – not too long from now – we'll slow down. We'll spend more time with our family. Enjoy a lazy day out with friends. Or just take a walk alone in the woods or on the seashore. Some day…

If – like me – you're one of the millions who has often deluded himself this way, O'Kelly has three words of advice: "Move it up."

The Collapse of Big Cities, Big Government and Subsidies

First of all, I really believe that we have another FDR on our hands.  Obama is a superb orator.  With those teleprompters at hand, he is an absolute master.  He has a deep, resonant voice, is extremely intelligent, and can read those speeches with total ease and composure.  His speech Tuesday night was masterful in its delivery and composition. Exactly like all the great orators in the past, who said nothing with great aplomb.  Obama told America and the world that he was going to cut the deficit in half, all the while proposing more and more spending and bureaucracy.  In his campaign speeches, he said that he was going to not allow earmarks, but the spending bill before him has 8600 earmarks in it.  His speech was an incredible exposition of pure BS.  The Republican rebuttal was so pitiful as to be embarrassing.  Bobby Jindal may be smart, but he isn&rsqu o;t an attractive man, is a terrible speaker, and even with coaching, he would never be able to compete with Obama's oratory.  If he is going to be the "up and coming" Republican man, I'm re-registering independent.  Sarah's my gal.

I am not trying to be an alarmist, but I am worried about a lot of things.  I just have to imagine what the chain reaction of the current downhill slide of the world's economies can bring.  Here's what I imagine can happen in years to come:

Pensions will go bankrupt or be a shadow of what they were before, causing millions of retirees to be broke and maybe even hungry, with no recourse.  Top stocks and gold will probably cross at about 3,000.  Robberies of banks and citizens will increase many fold, and make the streets of big cities dangerous.  The danger will cause movie theatres, night clubs and restaurants to do poor business because of citizen fears of venturing out at night.  Cars not in garages or in some way protected, will be subject to theft, break ins or stolen tires and parts, especially in big cities.

With the populace unable to pay millions of mortgages, arson and fires of foreclosed or about to be foreclosed homes will be rampant.  Many of the elderly may resort to arson, in an attempt to become solvent enough to rent an apartment till they die.  Fire and police departments, especially in big cities, will be run ragged.  Insurance companies may refuse to renew in large cities or in certain neighborhoods, as they have done in Florida and New Orleans already, due to the hurricane damage possibilities.  Remember; an insurance company will never insure unless there is little chance of having to pay.

Mexican illegals will continue to go back home, since they will be unable to find work here.  Broke Americans, rather than starving, will gladly do any sort of work in fields or other places, to eat and stay alive.  Unions will find their memberships declining drastically, and many will simply cease to exist.  Travel and tourism will decline to the extent that many attractions, cruise lines, and amusement parks may become bankrupt or cease to exist.  Citizens will arm themselves and not hesitate to shoot robbers breaking into their homes.

Many will grow their own vegetables in home gardens, to save valuable dollars.  Oil consumption will stay low, and maybe even go lower, due to the lack of travel.  Church attendance and offerings will decline, due to the poverty of memberships.  Service club membership, such as Kiwanis, Lions, and Rotary will decline, and many individual clubs will cease to exist.  Travel agents will close their doors by the thousands, as will restaurants, clothing stores, auto dealerships, and chain stores of many things, because of their requiring a percentage of the operator's gross.  Why pay 7% or 10% of a store's gross, just to be able to use the parent company's name?

The big cities, with their large numbers of out of work minorities, will become extremely dangerous places to live, and there will be an exodus to safer, small towns, by those who are able, even if it means selling a big city home at a sacrifice price, just to be safe.  The infrastructure and utility providers in big cities may become insolvent or fraught with vandalism.  Out of work minorities won't be able to pay utility bills.  Without electricity, gas, or water, even for a short time, life can be extremely difficult, and especially in a high-rise building or multi-storey apartment.

Government size will grow, and grow, and grow.  More and more departments will be formed and bureaucrats hired, in a feeble attempt to "fix" the depression.  It's doubtful that most will realize that it was government that got us here, and the majority will wrongly think that more government will fix things, rather than make them worse.

How did government get us here?  It didn't start with George Bush, LBJ, Jimmy Carter, or even Ronnie Reagan.  Lovable Ronnie did his best, but while doing his job, he quadrupled the national debt.  The trouble began with Woodrow Wilson, when he got us into World War One.  It was about over, when Wilson and Colonel House decided to get America involved.  But it was FDR who really started the road to ruin.  I've been over this with you readers many times, but when a government begins to subsidize anything, be it farmers, old people, poor people, cold people, minority people, sick people, or any people, business, or other entity, the end is in sight.  The subsidies, no matter how innocent they may seem to be at the beginning, will grow like a cancer, till the entire economy and national life style is destroyed.  Governmental subsidies and handouts, are indeed like a cancer, eating and spreading out of control, and most especially at the federal level.  Once a citizen gets a check from D.C., they are 100% going to depend on their continuance.  Public housing residents are several generations old now, and each subsequent generation is more worthless than the previous.  Public housing occupants believe it is their actual right to have free housing.  All recipients of subsidies and handouts actually come not only to depend on them, but begin to believe they have an unconditional right to them.  The first public housing, Social Security, and various other handouts, are now over seventy years old, and have grown like weeds in springtime. 

As each year has passed, more and more handouts and bureaucracies who hand them out have been formed and populated.  Each succeeding handout, such as food stamps, Medicare, and Medicaid, brings more and more on the dole, and more and more think it is their right to have it. Each handout and subsidy destroys a part of our free economy, substituting the marketplace, which is self-regulating, and gives highest quality and lowest prices, with wasteful, expensive, totalitarian bureaucracy.  Obviously, the national debt has grown like Topsy, because there are never enough taxes collected to pay for the handouts.  Taxes have grown thousands of percentages since FDR, and taxes are levied on every single thing a human uses, consumes, produces, or buys, thereby destroying freedom and the marketplace.

Candidates for public office, realizing that they can't get elected unless they promise more handouts and largess from the public treasury, always do as they promised.  Now, as we are in another deep depression, the spending and handouts will grow more and more, as will the government.  Donald Trump, this morning on Fox News said, "It's 1929 all over again." Panic and paranoia will grow, and millions more will buy guns and ammunition to protect themselves.  They should, because I believe that in the big cities, riots will break out, with much physical damage and loss of life.  The jobless, hungry, and homeless, will multiply in big cities, and riots will be the logical result.

With currencies failing around the world, it will become obvious to more and more people, that saving in them is futile, and sure road to bankruptcy.  More and more shysters will be discovered who had been running Ponzi schemes, defrauding millions of people out of billions of dollars.  (Gold and silver require no trust of anyone or anything.) Former wealthy people and families will discover that their former wealth in dollars, has bought less and less, to a point where annuities, and whole life policies will become virtually worthless, as all tangible prices go sky high in currencies, as has always happened with hyper-inflation throughout history.

Government will also become paranoid and attempt to legislate away the Second Amendment under the ruse that it is to "protect people," or other nonsense.  In reality, millions of guns in the hands of the citizenry will protect them from crooks, robbers, and rapists, but also from government, if it all comes down to that, and it might.  Will American soldiers shoot their own citizens, if ordered to do so by government, under some sort of phony charge?  If a citizen writes or talks against government actions and policies, will they be prosecuted?  Will it be seditious to speak one's opinion?

Here's today's quote from Atlas Shrugged, page 995, and everyone PLEASE buy, read, and pass this book on to your kids.  "The wads of worthless paper money were growing heavier in the pockets of the nation, but there was less and less for that money to buy.  In September, a bushel of wheat had cost eleven dollars; it had cost thirty dollars in November; it had cost one hundred in December; and it was now approaching two hundred, while the printing presses of the government treasury were running a race with starvation, and losing.

"When the workers of a factory beat up their foreman and wrecked the machinery in a fit of despair, no action could be taken against them.  Arrests were futile, the jails were full, the arresting officers winked at their prisoners and let them escape on their way to prison.  Men were going through the motions of the moment, with no thought of the moment to follow.  No action could be taken when mobs of starving people attacked warehouses on the outskirts of the cities."  Whet your imagination?  I hope so.  If you've ever read a book that seemed to come true, this is it.

As a grotesque finale of FDR's feeble attempts to get America out of the great depression, contrary to his campaign promises, he virtually forced Japan to bomb Pearl Harbor, and we were in a World War, which of course got us out of the depression.  Will a "false flag" attack or some other specious happening, eventually get America into WW III?  We seem to be following FDR in most other ways.  Protect yourself, and buy and read Atlas Shrugged.

You're looking at the golden opportunity of a generation


People usually buy gold because it's a hedge against inflation - and a hedge against the falling dollar. These are fine reasons to pad your portfolio with the yellow metal...but they won't make you rich.

If you use gold as a hedge, it means (under the best case scenario) that gold only lets you hold onto your purchasing power.

If you want to get rich - really rich - with gold, now's your chance. The gold market is handing us a once-in-a-lifetime opportunity - you just need the guts to take it.

The last players working this unique move saw a 15,090% gain in less than two years.

Do you think you can handle that? If so, we urge you to read on.

You've taken an awful lot of crap over the years.

You know what I mean — your friends and neighbors who thought you were bats**t crazy for talking up gold.

Or maybe you never even brought it up. Because you knew how they'd react.

Of course, everything that's happened over the last ten years has proven you right.

From $252 then to over $900 now. A 257% increase. Up every year the last nine years. While top stocks of 2010 lost out big-time. And that's before inflation.

You were right.

But there they are. Those SOBs. They still laugh.

Doesn't matter their 401(k)s are trashed. Doesn't matter they're planning to work another five years to get to retirement. If they're lucky.

They still think you're a schmuck for being a gold bull.

Wouldn't you love to stick it to them? Once and for all?

Now's your chance.

Even if you don't like flaunting your wealth… imagine doing it just once. Just to show them one last time that you were right. Because you made one ballsy move this month.

I think that's the kind of opportunity the gold market is handing us right now.

This is a turning point in market history.

But I'll warn you right now. If you thought buying gold was an act of courage, brother, you haven't even begun to be tested yet.

One Step to Getting Rich - And Only One Man in 100 Has the Guts to Do It

In fact, not one man in 100 has the guts to do what I'm about to show you.

And I don't want you to do it either.

Not if…

You're going to feel guilty driving a better car… living in a bigger house… or thinking the champagne your friends serve tastes like swill…

Don't do this if you have any hang-ups about money or being wealthy.

Because if that's the case, this ain't the letter for you.

Don't do this, either, if you don't have guts. Or you don't like hitting home runs. Or you don't have an intense, overwhelming desire to pile up riches.

In short… this letter isn't for wimps.

In fact, it isn't for the mainstream in any way at all.

I want only a few people. A handful. And only the right ones.

Everyone else, for all I care, can take a flying leap.

Still with me? Good.

Because that's exactly what I guessed about you… which is why I'm writing you in the first place.

But before I go any further, I'll ask you a question. It's going to sound really dumb. But I don't care.

What Got You Interested in Gold in the First Place?

Seriously, why?

I bet the first thing that comes out of your mouth is this: "It's a hedge against inflation." Or, "It's a hedge against a falling dollar."

And you're absolutely right.

And it's why you'll never get truly wealthy unless you listen up to what I'm saying — because physical gold will never make you rich.

I mean, think about it: What's the essence of the word hedge? Just look at a thesaurus. What do you see there for synonyms? Equivocate, dodge, sidestep, pussyfoot.

In other words, you buy gold to cover your ass in case the world goes to hell in a handbag.

Now don't get me wrong. That's an excellent reason to buy gold.

But it won't make you rich.

After all, if gold is a "hedge" against inflation or a falling dollar, that means under the best-case scenario, gold only lets you hang on to your purchasing power. It won't give you a shot at getting rich.

You want to get rich. Really rich? Where you can throw it back in the face of all the people who laughed when you talked up gold?

All you have to do is take one simple action this month. If you think you can handle it.

Last Time, This Move Paid Out 15,090% in Less Than Two Years

The last time anyone did what I'm about to show you, players working the move saw a 15,090% gain in less than two years.

Just before that, the same move paid out over 13,025%… in 22 months.

It could easily do as well… or better… today.

But I want to make this very clear: To accept this invitation… you want to make absolutely sure your mind is ready to accept the recommendation I'll send you in a special report.

You have the steel to handle a little criticism. Or maybe a lot. Become a player in this market and the people closest to you might think you're out of your mind.

Your wife will try to talk you out of it.

But if this pays off… she'll thank you for the new diamond necklace you can buy with a tiny fraction of your profits.

Your friends won't understand even if you explain it ten times.

But if this pays off… they'll be hitting you up for loans.

Can't handle that? Might have to get new friends.

And your new friends might not be up to your new standards.

Their champagne? Not good enough, compared to yours.

Their private jets? Not fast enough, compared to yours.

The mountain air at their retreats? Not sweet enough, compared to yours.

You wouldn't just be rich. You'd be "Miserable Rich."

Think you're up for that? Great. But the players who do this right? They have more than this steel I just described.

You also have the stomach to sit on a paper loss. Here's how this works. It's very simple. All you have to do is follow through on some basic recommendations I'll email you as soon as you tell me to.

You place a phone call if you want to execute the recommendations.

Fair warning. Some of these positions, you might see them fall 50, 60, even 70%.

That's when you should want them more.

Sounds crazy, I know. But that's what successful players in this market do. In fact, you'll actually start to look forward to the times when these positions pull back.

It just means you have a chance to pick up more bargains. It's like a gift from the market gods. It could put you in an even better spot if it all pays off.

By now, I think you get the idea:

No Wimps Need Apply

See, this invitation isn't for conservative investors. But it's not for traders or speculators, either. 

This is for a tiny minority willing to learn about one simple action that — if you have the guts and the patience — could leave you set for life.

Before I reveal the secret, let me make sure you don't get the wrong idea. Let me tell you what I'm not inviting you to do.

See, I'm not just inviting you to subscribe to an investment newsletter.

This isn't only about monthly stock picks.

This is all about an adventure.

And if I'm right… and you get "Miserable Rich"… you won't need another stock pick ever again.

I'm going to issue eight recommendations as soon as you give me the word. You can decide whether to follow each one, and then call a broker.

Then sit on them until you get a moon shot. I'll make a few adjustments now and then, and I will never leave you in the dark. 

But because you have the guts and patience to be a player in this market, you'll accept that at least half of the positions we take will go nowhere, or maybe go to zero. Most of the rest? They could deliver triple-digit gains. 

And one of them could make you "Miserable Rich."

I'm not inviting you to join a trading service. 

This isn't about weekly options picks. I won't flood your inbox with more recommendations than you have time to play. You won't have to keep a window open on your computer all day to track your positions.

When you receive these eight recommendations, all you need to do if you want in is call a broker and carry out my recommendations.

It's that simple. A half-hour of easy reading as soon as you tell me you want the report, and a 15-minute phone call to a broker. No special accounts to set up, no special skills needed.

And then you wait. We might be waiting six months, we might be waiting a year, two years, three years. I don't know.

See, players in this market don't trade in and out. "Buy and hold" might be a killer in the conventional stock market these days. But in the sector I'm talking about, it's the only way to get "Miserable Rich."

I'm not inviting you to buy a "program." 

This isn't some sort of "system" or "course."

You won't get a three-ring binder filled with hundreds of pages of gibberish that are supposed to show you the way to riches… if you can follow instructions so obscure they'd confuse a nuclear physicist.

Players in this market keep it simple.

There's going to be one simple set of recommendations that arrives in your email inbox as soon as you tell me you want them.

So there you go. I'm not pitching you a trading service or a "system." 

And again, this isn't about investing, or trading, or speculating. 

This is about having a chance to transform your life, your existence, your wealth — beyond your wildest dreams.

OK, enough about you. By now you're probably wondering who the hell I am. Or actually, who am I to be talking like this?

How Real People Get "Miserable Rich" — And You Can Too

My name is Byron King.

You probably already know me from my monthly research advisory Outstanding Investments. It's been named the #1 performing newsletter over a five-year period by Hulbert Financial Digest in 2005, 2006, and 2007.

So chances are you already know about my background as an oilfield geologist, Navy pilot, lawyer, and armchair historian.

But you might not know this. From an early age, I've been fascinated by people who got "Miserable Rich."

Growing up in Pittsburgh, you can't help it. School kids learn all about the legendary fortunes that got their start there. Carnegie with steel. Frick with coal.  The Mellons with banking, and later, aluminum, oil, and other hard assets.

That was America's golden era of industrial growth.

And beneath it all lay a foundation of hard money. 

Gold and silver.

Of course, school kids don't learn about that part.

But still… I knew instinctively there's only a handful of ways to build real wealth.  You grow it. You mine it. Or you manufacture it.

That's a big reason I chose geology for my major when I went off to Harvard. I wanted to study the science of pulling scarce resources out of the ground. And I filled out my course load with economics classes.

It was the 1970s. President Nixon had cut the dollar's last remaining tie to gold.  It set off a decade of inflation that crippled the U.S. economy. It was also a decade of rapidly-rising gold prices.

The econ professors at Harvard all thought Nixon did the right thing. Gold was a "barbarous relic," they said.

That didn't quite make sense to me. Gold was part of the human economy for 5,000 years or more. What's so different now?

And it made even less sense when I went on to law school. I studied old cases like the ones that came up after President Franklin Roosevelt seized the gold of U.S. citizens in 1933.

Mind you, by 1980 I saw gold making a run past $800 an ounce.

That was amazing enough. The performance of tiny gold miners was even more stunning.

Players in that wild and wooly market got "Miserable Rich."

13,025% in Just 22 Months!

A little company called Copper Lake Exploration made a moon shot. A breathtaking 13,025% in just 22 months.

$10,000 could have become $1,302,500. That's the sort of play that makes you "Miserable Rich."

You know what happened next. After 1980, gold sank into a 20-year bear market. 

But gold never left my mind. I kept on watching and reading and talking with people in the know.

I served in the Navy in the 1980s and stayed in the Naval Reserve during the 1990s. And I made frequent trips to the Persian Gulf region. Bahrain, Qatar, Kuwait. Huge new fortunes were being built on a foundation of oil wealth. I mean, entire cities built from scratch. Sort of like Pittsburgh back in the good old days.

And here's what else struck me about Middle Eastern cultures. People there are hyper-focused on gold. Have been for thousands of years.

Women throughout the region wear gold jewelry. Gold markets called souks are a common sight.

And every time I went over there, I brought home a little gold. I knew that gold wouldn't stay stuck in a bear market forever.

Besides, even in those years, a handful of players still made huge gains from tiny gold stocks. Like one called Arequipa Resources. It blasted up 2,600% in a year before it was bought out.

$10,000 could have become $260,000. That's the sort of play that makes you "Miserable Rich."

Soon, the 1990s passed into the 2000s.  And I started reading The Daily Reckoning — Bill Bonner's daily e-letter.

What drew me in? I thought he was right on with his "Trade of the Decade." Sell stocks, buy gold.

You have to remember how gutsy that was at the time. No wonder when I got the chance to join the industry-leading analysts of Agora Financial, I leapt at it.

Bill's call was dead right. Gold zoomed up from $252 in 2001 to more than $900 today.

And that whole time, readers of my monthly research advisory Outstanding Investments racked up even more impressive gains in precious metals stocks.

A phenomenal track record, right? There's just one little problem.

Of course, gains like these are terrific. But they won't make you "Miserable Rich."

You want to be "Miserable Rich?" Then you have to get into the "junior" gold companies. 

These are the up-and-coming outfits. They explore for gold deposits. Build mines from scratch. Bring new mines into production.

Like Copper Lake Exploration in 1978. Or Arequipa Resources in 1996.

15,900% Gains in Less Than Two Years!

Here's the hitch. Companies with that potential that are tiny. Microcaps, really.  So small, I won't dare recommend them.

Not to the readers of Outstanding Investments. Imagine tens of thousands of them piling into such tiny stocks. That would artificially jack up the prices. Then they'd come crashing back to earth. Not good. Terrible, actually!

In fact, a typical gold stock I recommend in Outstanding Investments has a market cap 447 times the kind of juniors I'm talking about.

Now, that bigger stock is already up nearly 100% since I recommended it. If the "big boys" can do that well, imagine what these tiny juniors could do.

So there I was in 2006. Aurelian Resources made the biggest gold discovery in decades. Players in the junior market rode it from 25 cents a share… to over 40 dollars.

And my hands were tied.

But still, you see the potential…

$10,000 could have become $1,590,000. That's the sort of play that makes you "Miserable Rich."

And there are so many other examples I could cite…

But I wanted to do something to give people like you the opportunity to become a player in this market. To give you a chance of getting "Miserable Rich" off the next Aurelian.

Now… after nearly two years of research, I've hit on the solution.

It's a one-time opportunity. Something I've never done before. And that's why I'm writing you today about the recommendations I'll e-mail you as soon as you tell me to… if you have the courage.

Because as I said before, this could be the golden opportunity of a generation.  Or several generations. Or a lifetime. Yours to seize now and become "Miserable Rich."

So listen up and listen good. Because this isn't just your chance for me to make you boatloads of money. I'm talking whole cargo ships full of money. Now's the time. I mean, right now, this instant.

Only 356 of These Reports Remain Available

See, as soon as you give me the word, I'll e-mail you a special report. It's called Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

It will contain eight "junior" mining picks. These are the small-cap, even microcap, companies that explore for gold and develop mines before they're ready for production.

That was the story of Copper Lake Exploration, which leaped 13,025% in 22 months. And Aurelian Resources — up 15,900% in 2006-07.

Look back across the decades: A development or exploration company that hits the big-time can return you 15 to 20 times more than holding bullion.

Today, many of these companies are cheap as dirt after the beating certain gold stocks took in 2008. Many have already had those 50, 60, and 70 percent drops I told you about. That means they're more than ready for a moon shot.

Now you can grab 300 shares of all of them for less than $10,000.

You can be a master in this market — you can give yourself a shot at becoming "Miserable Rich" — for an insanely low admission price.

But you need to know I have only a limited number of these special reports I can issue. As of right now, that number is 356. So if you want in on this, you need to move quickly.

Besides, the sooner you act, the sooner you get into the junior gold market at a historic turning point. 

Why the limited number of reports? Well, as I just pointed out, these are small companies. Too many people buy into them all at once, and the share prices start to get ahead of themselves… only to correct sharply later. We don't want that.

But fair warning. I've said it before: At least half of these will probably go nowhere. But the rest could deliver triple-digit gains that could more than cover whatever losses you have from the turkeys.

And one of them could make you "Miserable Rich."

I don't know which one that's going to be. If I did, I'd recommend only that one. 

But let me tell you about one of the most likely candidates. After you see what this company's up to, I bet you'll agree.

This Guy Built the World's Most Profitable Gold Miner From Scratch…and He's About to Do It Again!

Let me tell you about a guy who got "Miserable Rich" in the gold business.

He started rebuilding a struggling junior gold miner in 1993. It was worth about $50 million.

Today it's worth $8 billion. It's one of the world's top three producers.

A $1.62 share price became $51.06. An eye-popping gain of 3,052%.

And a compounded annual growth rate of 32%. An average 32% a year — year after year.

So he turned a lot of heads a few years ago. He up and left this powerhouse he built.… and took over a struggling junior miner few people ever heard of.

"What, is he crazy?" people asked. "Does he think he can do it all over again?"

Yes, he does. And I think he's going to pull it off.

His company's now sitting on a patch of desert that could yield one of the Western Hemisphere's biggest gold finds. It could rival a famous gold field nearby that's home to 180 million ounces.

And don't get the idea this company is some sort of post-retirement playground for this guy. He owns 23% of the firm. He means business. He wants to get "Miserable, MISERABLE Rich!"

And, he's already made many insightful investors "Miserable Rich."

If you missed out the first time, here's your second chance.

You can learn the name of this company in the special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. You can secure access to your copy right now. I'll tell you how at the end of this letter.

Right now, let me tell you about another junior with ridiculous "Miserable Rich" potential that you'll find in that report.

Buy This Stock and Make Up to 20 Times Your Money

In May of 2008, this company hit the jackpot. I mean, serious "Miserable Rich" potential.

Only no one outside the company realized it at the time.

Word's just now starting to get out. So let me explain before it becomes common knowledge. 

This company found a deposit of 4.5 million ounces of gold.

At $900 an ounce, that's $4 billion of gold!

Say it costs $450 to get the gold out of the ground. That's $2 billion in profit.

Compare that to the market cap of this tiny dynamo. Less than $100 million.

We're talking a company that could go from $100 million to $2 billion in the next three years — a 20-bagger!

What's the catch, you ask?

None. In fact, the upside could be even bigger. This deposit lies a half-hour drive away from the marquee project of a major gold producer. 

So there's probably a lot more gold still to be found. Drilling results indicate this company is sitting on five other deposits nearby that could have even more gold than the one already discovered.

So a 20-bagger could be just the beginning.

The details are yours in the special report.

It's also where you'll find the skinny on this potential 50-bagger.

This Guy Made Millions on Gold in the 70s.  Now He's Following a Gold Strategy Proven to Turn Every $1 into $50

Here's the story of another guy who got "Miserable Rich" in the gold business.  Only he did it during gold's big run-up in the 1970s. When gold was $150, he was predicting $900. 

The day after gold hit its $850 high in January 1980, he sold his position. His profit? More than $15 million.

Then he got out. He said the gold bull market was over.

Of course, he was right.

Most guys of his generation are retired or dead now. Not this one. 

In fact, he's on the verge of his biggest triumph yet.

He got back into gold at just the right time. In 2001, when gold was near its bear-market lows of $252, he told Forbes it was going to $440. And he's ridden it higher ever since.

So what's he doing now?

He's running a tiny company sitting on huge chunks of land in the Southern Hemisphere proven to be swimming with gold deposits. Geologists have turned up 40 million ounces in the region over the last 15 years.

And he doesn't plan to develop any of it.

What?! Is he crazy?

Yeah, like a fox. See, his strategy is to farm out the hard work to other companies. They're the ones who'll develop the sites and bring them into production.

And his little firm? No equipment expenses, no vast payroll to meet. Just sit back and collect a healthy cut of the profits. Royalties.

That's exactly the strategy a gold company called Franco-Nevada used earlier this decade. It popped from a few bucks a share to $180. Early investors made 50 times their money.

Don't miss out on this veteran gold guru's last and greatest act. Get the details in the special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. You can secure your copy right now… But heads up… Only 356 copies remain.

Inside your special report, you'll also learn about these fantastic opportunities…

These guys did the 14 years of hard work. You could collect the payoff.

This company fought one obstacle after another for 14 long years to open a gold mine in one of the most promising locations in the Americas. The first gold and silver came out of the ground in November 2008.

Over the next 15 years, this single mine should generate 1.7 million ounces of gold, and 64 million ounces of silver.

An easy ten-bagger.

Big profits five years ago. MASSIVE profits now.

Geologists who studied this company's biggest project in 2004 figured it would make big profits with gold at $400 and silver at $6.50. Now gold is $900 and silver $12.60. And this is just the beginning. This firm's gold production is set to grow 42% in the next three years, and silver production 69%.

All the right numbers, all going in the right direction.

You can get into this stock on the heels of some great news. Its geologists have just concluded the company's sitting on 21% more gold than previous estimates. That's a total of 2.05 million ounces this firm is bringing into production. Quarterly production numbers? Up 38% in a year. And estimates of its future gold resources just grew 129%. This one's got a whole lot of room to run…

One mine up and running… four more to go!

I've found a terrific play on that other "money metal" — silver. One mine is already in production, with four more in the pipeline. This company's sitting on as much as $4.9 billion of silver. (And gold, lead, and zinc.)

Its geologists keep finding more and more. Its potential metal holdings have grown 18-fold in the last four years! It could easily double your money in the next six months, and maybe 18-fold over the next four years!

And I have one more silver play with the potential to make you "Miserable Rich."

How This Company Could Collect $250 Million in Silver From the Canadian Government — FREE

Think of the words "gold rush." Chances are you think of California in 1849… or Canada's Klondike in 1898.

But that's all history, right? Your chance to cash in was over long before you were born.

Think again. You can still get "Miserable Rich" off the Klondike more than a century later.

There's a minimum 20 million ounces of silver in the Klondike still to be had — free, courtesy of the Canadian government.

Here's a quick history lesson. The Klondike gold rush lasted just seven years.  The amateurs panning for gold? They were gone by 1905. 

The professionals remained. They built mines and hauled out gold and silver for decades. But even they ended up bailing in the 1980s. Not because they ran out of metal, but because they ran out of money. They thought those record prices of the 70s would last forever. They got burned.

So what about that 20 million ounces of silver, you ask? That's what one of the companies left behind in 1989 in just one mining district in northern Canada. Once abandoned, the site became the Canadian government's property.

A good deal for Canada? No, it was an expensive mess. See, the old company left behind a toxic stew of chemicals from decades of sloppy mining techniques.

But in April 2006, the Canadian government hit on a solution. It signed a deal to pay a small environmental company $50 million to clean up the mines… and the company gets to keep all the silver it can dig up, absolutely free.

This company's CEO is confident his people will find 20 million ounces of silver in just one part of this vast complex.

Now, let's assume the worst. Assume that mine cleanup eats every dollar the Canadian government gives this company.

That still leaves minimum 20 million ounces of free silver.

At current prices, that's $250 million. This company's current market cap? Just $50 million. You could make five times your money.

And again, that's assuming the worst. That's assuming only this one part of the region still has silver to be found. This company's geologists are hard at work at 35 other sites nearby.

Your price of entry? Less than $2 a share.

Again, all of this is spelled out for you in great detail in the special report you can access right now — Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

You'll get the names and ticker symbols of all these stocks. Most of them are under $3 a share, and not a one costs more than $9, so you can load up on 'em.  In fact, you can pick up 300 shares of each for under $10,000.

I'll say it one more time. At least half of these will probably go nowhere. The rest could deliver as much as triple-digit gains. 

And one could make you "Miserable Rich."

But don't take my word about why this approach can be such a wealth-maker.  Take the word of one of the most successful gold mining executives out there.  I'm talking about a big-time player in this market — a guy who built his company from "junior" to "major" in less than five years.

Why Is the CEO of One of the Major Gold Producers Selling Shares of His Company to Buy Juniors?

If you know anything about gold stocks for 2010, you know about the phenomenal story behind Yamana Gold.

Peter Marrone founded the company in 2003.

It sold for less than $2 a share at the time.

Early on, willing buyers approached him several times and asked if he wanted to sell the company to them. Each time, he said no.

They thought he was nuts to walk away.

But he knew something they didn't. He knew gold was heading into a long-term bull market. And he could make far more money over time building his company than selling out for a fast buck.

Today Yamana ranks among the world's biggest gold miners. Its shares zoomed up to nearly $20 in just five years — a classic ten-bagger. 

Point is, Marrone knows his stuff.

So why in the world is he selling off shares of his own stock and buying shares of junior gold miners?

He says don't get the wrong idea. He still believes in his company and he's heavily invested in it.

But it's not what's going to deliver big gains in the short term. It's not what'll make him even more "Miserable Rich" than his own firm made him. As he puts it, "Sometimes it's not a bad idea to take a little bit of money and come into [juniors] at the right time."

In other words: Marrone's already done the hard work of building a world-changing company in just five years. And growing it ten-fold.

Now he wants to put some of his hard-earned wealth into other companies with the same ten-bagger potential. Like the ones I've been telling you about.

Imagine piling a ten-bagger on top of a ten-bagger!

This gets to the core of what I'm talking about.

If the CEO of one of the world's best-run gold producers is putting his money into juniors… shouldn't you be doing the same?

I'll show you exactly how you can do it. Become a player in this market. Become "Miserable Rich."

But since it's my aim to make you boatloads of money, I need to do something else first. I need to lay out one more simple, brutal fact to make sure you're up for what we're starting.

URGENT WARNING:Whatever You Do, Don't Try This at Home

OK, you've stayed with me this far. Now I have to tell you the most important thing you need to know. And this applies whether or not you accept my invitation.

I'm deadly serious. I've already told you I'm looking for only the right courageous people to follow through on this opportunity. 

See, it's not enough to be jacked up on the idea of juniors. You need to know what you're doing. Because let me tell you what's about to happen. 

Some reckless folk are going to stop reading this letter and start searching for information about junior gold miners. They'll figure they can identify what juniors to invest in on their own.

And they will get eaten alive. They will destroy whatever wealth they invest in the sector.

See, there are about 5,000 juniors out there. And only about 250 of them will ever pull a speck of gold out of the ground. The rest will go to zero. Zip, zilch, nothing. 

What's more, most of the 250 that do produce gold won't produce enough to ever make a profit. Or only a modest gain.

Only a handful of these juniors — 15 at the most — have the potential to make you "Miserable Rich."

Even if these go-it-alone people do all their homework, they'll still destroy their wealth. Even if they study a company's press releases and annual reports. Even if they call the company's CEO. Even if they know what questions to ask the CEO — and they don't.

Heck, even many of the so-called "experts" in this field don't know what questions to ask. They just take a bunch of companies' balance sheets. Then they see which companies have the highest number of ounces.

Then they buy. And they get slaughtered. Worse, their clients get slaughtered.

You know why? Because the balance sheet doesn't tell you whether it's feasible to pull those ounces out of the ground. Or whether it's profitable.

I know I'm getting a little worked up here. But that's because I know — from personal experience — the junior gold sector is a minefield.

Let me tell you, the ups and downs on the way to the big money can be gut-wrenching. And not every junior pick of mine has been a winner. No one can pick juniors and come out a winner every time.

I've said it before. Buy a bunch of juniors, knowing that at least half will go nowhere or even go down. The rest could deliver triple-digit gains. And one could make you "Miserable Rich."

So please, don't try this at home. Get some expert guidance. Whether it's me or someone else.  Don't go it alone.

So let's talk about how you can get a helping hand. There are three ways. And two of them are lousy.

Three Ways to Invest in Juniors (And Two of Them Are Lousy)

Bad Bet #1: You could invest in a mutual fund that specializes in gold juniors.  The fund manager does the heavy lifting, and the management fees are actually pretty reasonable.

But there's only a handful of these funds to choose from. And all of them are larded down with big positions in the majors — or even bullion. Sort of defeats the purpose, huh?

Bad Bet #2: You could invest with a brokerage firm that makes the picks for you.  But that could cost thousands upon thousands of dollars. Besides, brokers are all about making money for their firm, not their clients.

Yes, there are a few honest and intelligent brokers who specialize in juniors. I have a lot of respect for them. But often they own large equity stakes in the juniors they happen to like. They might even sit on the board of directors of these companies. I'm not comfortable with that sort of conflict of interest.

The right choice: I'm not a fund manager. I'm not a broker. I just want to help people like you make boatloads of money.  

I'm not pitching you a trading service, or a course. I'm offering an adventure for people who are ready to take that once-in-a-lifetime shot at getting "Miserable Rich." To achieve the wealth you thought you could never have but know you deserve.

And I can't think of a better way to get started than with the eight juniors I lay out for you in Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.  You can have a copy emailed to you as soon as you're done reading this letter.

Oh, I'd better mention one more thing while I'm thinking about it: Your broker needs access to the Canadian exchanges to buy many of these top stocks to buy. If you have one, just talk to him about it. Many of the online discount brokerages can handle it too. I'll even tell you who in another special report. 

This one's called Junior Gold Shares: An Owner's Manual. 

Think of it as an introduction to the world of junior mining shares. It builds on everything you're reading right here. You get it at the same time you get Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

Along with those two reports, I'm going to throw in something else. And there's no extra cost to you.

A Year's Worth of Regular Updates on These Stocks… And 12 More Micro-Cap Resource Picks Absolutely FREE

Look, I've told you how this is a moment you need to seize right now. If you want in, all you have to do is buy positions in these eight stocks, then hang on for dear life. 

At some point, probably when gold reaches $3,000 an ounce, maybe sooner, we'll have our moon shot. You could be "Miserable Rich."

That's it.

Of course, once you get a taste of the junior gold sector, you might decide being "Miserable Rich" isn't enough for you. You want more.

I can deliver more.

I can throw in — absolutely free — a one-year subscription to my premium research service called Energy & Scarcity Investor.

You'll get at least 12 top-of-the-line micro-cap picks in the resource sector — whether it's precious metals, energy, or agriculture.

Energy & Scarcity Investor is a high-end, premium service. After all, stocks like gold juniors are thinly traded. We can't have tens of thousands of readers juicing the share prices artificially. 

Besides, you know by now it takes someone really ballsy to be "Miserable Rich."  Not everyone can handle it. Maybe only 1 in 1,000 people. So my publisher charges a lot for membership. That way we know the people who join up are really serious.

But you can have a year's worth of membership absolutely RISK-FREE… with no obligation… along with your copy of Set for Life: Eight Keys to Getting "Miserable Rich" with Gold.

Seize the Moment… Start Your Road to "Miserable Rich"… RISK-FREE

OK, I see you've stuck with me up to this point of the letter. Congratulations!  You're the kind of person who's cut out for the chance to turn $10,000 into $260,000… like with Arequipa Resources. Or $1,302,500 like Copper Lake Exploration. Or $1,509,000 like Aurelian.

You're already very clear about what we're doing. You want to learn about the one simple move that could leave you set for life.

So here's how it works.

As soon you give me the go-ahead, I will send you my special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. It will contain eight recommendations that could leave you set for life.
Also at that same time, you will receive Junior Gold Shares: An Owner's Manual. This will be your plain-English introduction to the only sector of the gold market that can leave you set for life.
Each month, I will e-mail you a micro-cap resource recommendation in your issue of Energy & Scarcity Investor. You can act on this new recommendation if you choose. This one-year subscription is yours FREE.
Every Friday, I will e-mail you a weekly Energy & Scarcity Investor update on the status of your recommended gold positions and the resource markets. Again, this is part of your FREE one-year membership in this premium research service.
Whenever the opportunity strikes, I will e-mail you a Flash Buy Alert on a resource stock that's just too good to wait for the monthly issue. This could happen once every few months, or a couple of times in a week. It all depends on how the market goes. But don't feel you have to obsessively check your inbox for these recommendations. As long as you check your e-mail once a day, you'll be fine. Again, I want to keep it simple. And again, this comes with the membership in Energy & Scarcity Investor, yours FREE for one year.

Now… how much would all this be worth to you?

I've said it before. I'll say it again. I'm not a fund manager looking for fees. I'm not a broker looking for commissions.

All I want to do is give people like you a chance to make boatloads of money. It's all I've ever wanted to do. 

And with juniors priced at incredible bargains, now's the perfect time to jump in.  All the stars are aligned.

The price of admission for the adventure we're starting is $395.

That's just $395 to start your subscription to Energy and Scarcity, plus access to eight junior picks, at least one of which could deliver a moon shot by the time gold reaches $3,000. Or sooner. Maybe even an Aurelian that can turn every $1 into $150. 

If that happens, you could be "Miserable Rich." The champagne your friends serve won't be good enough. The jets they fly won't be fast enough. The sand at their beachfront resorts won't be white enough.

But you'd be set for life.

And on top of the special reports, you get your membership in Energy & Scarcity Investor. That will give you 12 more micro-cap resource recommendations you could stuff in your portfolio. Plus weekly updates on your current recommended junior holdings.

There's nothing else like this out there, in the fund business, the brokerage business, or financial publishing. Nothing. 

Ready to get started? Great!

My Iron-Clad "Cold-Feet" Guarantee

Now… Just in case you're still not 100% with me on this, let me make you a guarantee. And it's not the kind of guarantee I'd ordinarily make.

See, if you really buy into everything I've been describing here, I don't even need to make you a guarantee. You have guts and you have desire. So that should be enough to carry you through the stomach-churning ups and downs on your way to getting "Miserable Rich."

But I'm going to make you a guarantee anyway. In fact, I'm going to put my reputation on the line. I call this my Iron-Clad "Cold-Feet" Guarantee.

It works like this: Collect your special report Set for Life: Eight Keys to Getting "Miserable Rich" with Gold along with Junior Gold Shares: An Owner's Manual. Then review your first two monthly issues of Energy & Scarcity Investor. Follow the weekly Energy & Scarcity Investor updates. Log on to the members-only Energy & Scarcity Investor website to review archived issues.

Study all of this for up to 60 days. If any time during those 60 days you get cold feet, you decide you're not up to being a player in this market, you're not prepared for what it takes to get "Miserable Rich" … just call a toll-free number to cancel. I'll include the number in our first correspondence.  No hard feelings. I'll refund every penny of your subscription price. And you can keep everything I've sent to you.

So you bear no risk. Except the risk of getting so wealthy you'll lose your friends. But I'm absolutely sure you'll never have to take me up on this solid promise. Because I'm absolutely sure that at least one of these picks has the potential to make you "Miserable Rich."

I've said it before, and I'll say it again: Not everybody is cut out for this. 

So I have no idea how many people will still be with me once your moon shot materializes. I don't know how many people will get "Miserable Rich." I don't know how many people feel they deserve to be set for life.

But if you hang with me, I can tell you this. Once the adventure is over, you'll be saying what I'll be saying: "What a ride! It was worth every moment!"

P.S. I mean it when I say this: It makes no difference to me how many people choose to seize this moment. One in 100 people reading this? One in 1,000? I couldn't care less.

All I care is that I have the right people. People who believe they deserve wealth.  People who have the steel to seize the moment, ride the gut-wrenching ups and downs — and when it's all over, they could be set for life.

Why wouldn't you want to be one of them?

P.P.S.  Even I'm amazed by how simple it could be to get "Miserable Rich." And all you need to do is follow some very basic recommendations. Nothing complicated. No "system" to follow. No trading in and out. Just one simple action that could deliver you so much wealth, you'll hate me for making you so successful.

Look, the market gods have handed you a gift. The opportunity to get "Miserable Rich." It will never come again. Why in the world would you turn it down?

P.P.P.S. As I write this, only 356 copies remain of my special report, Set for Life: Eight Keys to Getting "Miserable Rich" with Gold. Very few people will have the spine to actually follow through on its recommendations… and seize the potential to turn every $1 invested into $150.

But if you really are one of those people, I don't want to see you miss out.

Wealth Recovery in Stocks Market - At Your Fingertips

For the past couple of weeks, every time you flip on the television or open the newspaper, it's someone from Washington or Wall Street expounding on the economic "recovery"..."green shoots"...or calling a "bottom."

But we know you, dear reader - you know better than to believe them. The United States has a ways to go yet before we reach a recovery...and most Americans are going to take a pounding in this crisis, because they aren't sufficiently prepared.

Luckily, you have the brand new "Wealth Recovery Program" at your disposal - to cover every base, expose every risk - and reveal every opportunity.

And the best part? The program is free. Keep reading for all the details

From Now Until the End of "Great Depression 2.0"
My Brand New
Wealth Recovery Program
Is Yours FREE

I'm so worried about the millions of Americans who have gotten slammed by this worldwide market crisis... I'd like to give you my entire new "Wealth Recovery Program" absolutely free.

Including...

An unlimited stream of my new frontline "Crisis Recovery Reports" that show you how to steer clear of more risk while still safely multiplying your money

A totally new and targeted portfolio of the six secret recovery top stocks to buy that could as much as triple your wealth, even over the turbulent months ahead

Plus, my own in-depth exposé on how secret "stealth millionaires" make fortunes in bad markets... my report on how to lock in safe stock market income... and a free copy of my 240-page book.

And it's all yours to use and keep for as long as it takes the world markets to fully recover, no questions asked.

Is there a catch? Absolutely. And it's one that's also designed to make you surprisingly rich ― guaranteed.

I understand why millions of Americans are worried.

And believe me, I'm the first to tell you that when Wall Street and Washington say they've "fixed the problem" ― don't believe them. Because in a lot of ways, we've got a long way to go from here.

But please hear at least this much, if you take away nothing else from this letter...

Doing just what I'm about to show you, you could still end up looking back on this as the richest moment of opportunity in your lifetime. Easily the best in over 77 years.

How so?

That's why I'm writing you today.

Because, see, I'm worried.

Not for me. And not for my readers.

We're ready and we know what to do next.

But millions of Americans have taken a pounding in this crisis. And now they're absolutely baffled about what to do next. Not to mention terrified about making the wrong choices.

That's why I've created a completely new "Wealth Recovery Program" to help them answer every one of their questions. To cover every base, expose every risk and reveal every opportunity.

Here's something else.

I've asked my publisher not to "sell" this program.

It's not going to be available at any price at all.

Unless, of course, that price is... "free."

Guaranteed Wealth Recovery, Yours Free

You're reading that correctly.

After over 19 years of studying, working around and writing about money and the markets... and watching how much a part of peoples' lives these financial decisions can be... I've put the full-court press on both my publisher and my lawyer to simply let me give away my new "Wealth Recovery Program" free.

Is there a catch? Yes there is. Absolutely.

(I'd be a loon if there weren't).

But here's the good news ― even the catch itself is something that could make you extremely rich in your lifetime, starting with six powerful money moves that could start tripling your wealth as early as the end of this year.

In fact, if you accept the free reserved slot in the "Wealth Recovery Program," I can release a full research library of reports ― also free, of course ― that show you all six of these moves immediately.

Including...

How to make up to 33.9% average returns, in up or down markets... on a stock that's done exactly that from 1978 to 2007. I call it the "poor man's Berkshire." This could easily be the single best stock for you to own right now

Plus, you'll find out how to make an "impossible" 25% yield... on two more top stocks for 2010 that should boom as billions of bailout dollars pour into infrastructure. I consider this an easy way to triple your returns, between now and when the world economy finally comes up for air

And finally, how one of the secret "stealth millionaires" I just told you about lost almost everything during the last great crash, and then used this single secret to go ahead and build himself a $30 million investment fortune anyway. I spell out his formula for you in detail.

Plus more.

And as I said, you get this library of reports to keep. In fact, your entire participation in my "Wealth Recovery Program" is unlimited. It's yours for as long as you need it.

You'll also get, should you let me welcome you into the program, an unlimited free subscription to a brand-new service unlike anything I've ever done or seen before.

I call it the "Crisis Recovery Report."

And it's going to give you access to a steady stream of stock market bulletins that I'll be writing myself ― directly tied to whatever is happening in the markets.

As the events happen, I'll sit down with some of the world's sharpest financial minds... from former fund managers and policy wonks to best-selling financial authors, stock and option experts, gold and energy experts... and more.

If it impacts your money, you'll read about it in the "Crisis Recovery Report" bulletins.

This is also yours at no charge, as soon as you accept your reserved slot in my new "Wealth Recovery Program." You'll get issues as often as every week ― if not more often ― for as long as it takes for this market to recover.

Let me repeat that...

My new "Crisis Recovery Report" bulletins ― as well as the rest of my new "Wealth Recovery Program" ― are yours free for as long as you need help navigating this financial meltdown, no questions asked and for not a nickel extra.

I don't care if it takes six more months... a year... two years. Your "Crisis Recovery Report" bulletins will keep coming. And the full "Wealth Recovery Library" will remain yours to keep.

Plus, as part of my brand-new "Wealth Recovery Program," you can also get...

Free access to my regular audio and video updates on the market

Up to 12 months free of my regular advisory letter, Capital & Crisis

And a free copy of my 240-page book, Invest Like a Dealmaker: Secrets From a Former Banking Insider (don't worry, I'll also eat the cost of the shipping).

As I said, there's a catch ― one that could also make you much richer over the earthshaking, history-making years ahead. But before I show you how, let me just give you a glimpse of what I mean about what you can expect over the months ahead...

The Shocking Future Still Ahead

Look, as much as I see a lot of undiscovered opportunity ahead...

And as much as I have faith you and I can get out of this richer than when it started...

I still see a lot more risk and mayhem on the horizon.

Risks no D.C. media blitz or Wall Street puffery can explain away. And it would be just plain wrong for me to try to shield you from those facts.

Just for example...

Forget the pounding retirement portfolios have taken, for a moment. You personally are on the hook for $36,658 and climbing ― your share of the now $11.2 trillion national debt

Washington says we'll need an "extra" $1.8 trillion to cover the 2009 deficit ― the amount spent over the amount we'll take in. That's a new record

You know there's no free lunch ― we'll either have to borrow that money from the Chinese, steal it from our retirees and the unborn or print it

Today, nearly half of all the money we borrow comes from countries you'd never trust with our future ― China, Japan, Saudi Arabia, Venezuela, Russia, even Iran and Iraq!

Housing values are still down and foreclosure rates are still soaring

Meanwhile, more Americans owe more credit card debt than anytime in history... nearly $1 trillion overall

Is the worst in housing behind us? No. So-called "Alt A" loans are set to hit a reset peak this year, just as subprime loans did in 2008

We've got 2 million more homes headed for foreclosure this year. And with offices and strip malls closing and warehouses emptying out, commercial property is headed for trouble too

Under current rules, the Social Security trust alone will run out of money in less than 10 years from right now. And Medicare and Medicaid? Don't even think about it

The overall markets are still 40% off their 2008 highs, even if ― so far ― we're looking positive for 2009.

I tell you that because I know you respect the truth.

But also because I know you realize we can't fix what went wrong... without some idea of where we stand in the first place. At the same time, as bad as this is...

I firmly believe millions of Americans will look back on this moment and kick themselves twice over for missing out on some of the great wealth-creation opportunities I'm seeing out there right now. Opportunities I'd love the chance to simply give you today.

Look, even as grim as things look when you've got your eyes open, you've got to remember ― it's been worse. A lot worse. And yet we still managed to get better...

Keep in mind, for instance, that as bad as even last year's market was ― the Dow fell 33.8% over all of 2008 ― it wasn't the worst year on record. That would be 1931, when the Dow fell 52.7%

In 2008, the S&P 500 was off 38.5%. But in 1931, it was down 47.1% in a single year... with some top stocks 90% below their peaks... and dividends down by 56%!

U.S. mines, factories and utilities slashed production by half in just four years, from 1929 to 1933 ― pumping the American unemployment rate up to 25%, compared with 10.8% unemployment in the early '80s and just under 9% unemployment today

Total money paid out in salaries dropped 40% in four years. Americans' disposable income fell by 28%. In South Carolina, cotton mills paid $8.25 a week. And only $3.10 a week for children under 16

Meanwhile taxes soared to 63% under Hoover and as high as 90% under Roosevelt. By 1941, FDR talked about hiking that rate to 99.5% for all incomes over $100,000!

Yet for all those chaotic times ― much deeper than even what we're seeing today ― Americans went on to enjoy one of the most prosperous and productive centuries in any nation's history!

In fact, many made incredible fortunes ― right in the middle of the worst financial crisis in American history ― and I believe several smart Americans are going to make fortunes all over again. Just by following a very simple formula I'll show you when you accept a spot in my new "Wealth Recovery Program."

It's easy to both follow and understand. And it starts with the six self-financing survivor opportunities I name for you in the free "Wealth Recovery Library" we talked about.

What's a Self-Financing Survivor?

Look, it's pretty clear.

Financing is still tight worldwide. Companies that can't grow without it are only looking at even more layoffs, write-offs, and shutdowns ahead.

But that's not the case for what I call "self-financing survivors."

Self-financing survivors are companies with hard assets that throw off lots of cash ― and hoard piles of cash in reserves ― plus rock-solid balance sheets and reliable, time-tested management teams... lots of reassuring insider ownership...

These are exactly the kinds of companies that have helped handfuls of other smart individuals recover and even grow huge fortunes in the past. And they're the one kind of company you want to watch right now.

Not just because they have cash.

But because they got here by not taking the dumb risks or making a lot of the stupid mistakes troubled giants like GM, Ford, Citicorp and Bank of America have made in recent years.

Here's the best part.

These companies now have wide-open opportunities to leap ahead of crippled competitors. And the odds of you finding one of these moves right now are actually a lot better ― thanks to this battered, beaten, busted market ― than at any time in living memory.

And I'm going to help you find them ― if you'll let me ― starting immediately...

Introducing Your "Slugger Stock" Recovery Portfolio

If you've ever read a history book, I'm sure you remember the 1930s as the low point of the Great Depression. And how could you not? After all, it created a generation that to this day saves string and rinses off bits of tinfoil.

But do you also remember that it was during the financial bust of the 1930s that nuclear energy first came together? Or that it was a great age of rocketry and aviation?

Radio, radar and even television ― they all matured and took off even as the world economy bottomed out. And anyone who could have known that then could have made a fortune.

And how about the Hoover Dam? It was the world's largest power-generating station and concrete structure of its time... and it was started in 1931 and completed in 1936, even with much of the rest of the world frozen at a standstill.

Scotch tape, canned beer and the ballpoint pen all came out of the '30s too. Not to mention the first advances toward a polio vaccine, the first clinical trials of penicillin and military advances that ultimately helped lock up a victory for the Allies in World War II.

I'm just telling you this to show you that, sure, it's easy to remember the destruction of wealth. But what's easy to forget is that wealth destruction also opens up new paths toward wealth creation. Few see it while it's happening, but those who do can make fortunes.

That was true then. Is it true now?

You can forget about a radical rebound in some top stocks, sure. But just ask yourself. What is it that the post-crash world still can't do without? Oil stocks, for instance, have gotten stomped. But will oil ever come back?

Of course it will. Oil isn't Wachovia or Lehman Bros.

It's REAL, and it's SCARCE. It's also needed.

So not only will it come back. But even at $50, I see oil doubling again in the years ahead.

And the same for gold too.

At $900, it's about half where I see it landing once the coming inflation locks into place.

Of course, I see lots of other sector stocks coming back too. But I don't want to just give you the bird's-eye view... I want to give you specific plays that harness these global moves.

Accept my special invitation. I give you the full details at the end of this letter. Let me include you in my brand-new "Wealth Recovery Program"... and let me send you an unlimited free subscription to the included Crisis Recovery Report and Crisis Recovery Library.

I'll show you exactly which companies fit this scarcity and security profile right now... companies with assets the real world cannot do with out... and with the cash enough to get those assets out in front of the markets that need them.

In fact, here's a glimpse at the first of those three special opportunities, which you'll find in one of the first reports you'll get with the "Wealth Recovery Program," called The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis...

Wealth Recovery Play #1: 138% on the Next Surprise Energy Shock

Just like no recovery happens without easy access to credit, it can't happen without access to energy. And right now, that energy is oil. It's coal and nuclear. And it's natural gas.

And this second "slugger stock" move is exactly that ― a little-known super energy conglomerate with a big focus on natural gas.

Wait a second. How could I recommend a natural gas company right now... right after natural gas prices have taken a nose dive?

I wouldn't blame you for wondering.

But consider: Back when energy prices soared, the U.S. drilled lots of new wells. Now that energy prices have scraped bottom, hundreds of those wells are shutting down. How long will excess natural gas supplies last? Not as long as you might think.

And here's something else most Americans don't know. Natural gas production, like production in oil, slammed into a "peak" back in 1973. Today, we produce half the gas we produced then.

And even those new wells today fall off faster than ever before. Within a year, average output drops by a third. Within two years, it's half as low.

The more of today's reserves we burn off, the sooner that turnaround in gas prices starts. And the sooner you could start seeing gains if you're holding the right gas company shares.

A Cash Pile That Could Triple Within The Year

Of course, even with this, not all natural gas producers are great buys... or even good ones.

But this first company I name for you in The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis is one that I've looked at from every possible angle.

And I don't see any way it doesn't at least double in share price.

Possibly within the year.

I show you why inside your free special report. But I can easily give you the bottom line right here. See, this company gets natural gas out of the ground at around $2.18.

Even with worldwide gas at $3.50, that's incoming cash right there.

But suppose gas recovers to just $5. At that price and with this company's already working properties, that's an extra $10 million in free cash flow every month.

Meanwhile, this company has zero debt. And $122 million more in cash, just sitting in reserves. Plus, lots of properties that heavily produce rich stores of natural gas. Think about that.

For a company valued around $766 million, you're looking at getting shares at only six times cash. That's an incredible bargain. There's a good chance you'll never see a price that low again. Or another company with an owner as smart as this one has.

How smart?

How to Turn Every $1 Into $34

When the manager of this company bought a liquefied natural gas (LNG) project for this company, he paid $2 million ― then sold it off for $68 million.

That's like turning every $1 into $34, or a 3,300% gain.

When this same manager bought shale gas acreage, he shelled out $38 million ― then sold it for a $300 million gain, at a price of $338 million.

That's like making another 789% return.

In fact, all in all, this manager has turned a $50 million stake in this company into over $766 million in shareholder value. That's a 1,432% return. And he did that in less than 10 years.

Imagine having someone like that looking out for your money too.

Or better, compare that stellar performance to the Wall Street fat cats who WIPED OUT billions... and then rewarded themselves with multimillion-dollar bonuses for doing it!

I already know whom I'd trust with my money.

What I also like is that this company's manager isn't afraid to put his money where his mouth is, either. He already personally owns 24% of the company shares.

And he's ordered the company to buy back more. That's confidence. And well warranted, given all gas-rich new projects it's got in the pipeline.

As I write, you can get in at around $40. I see this as an easy double within months after gas prices start to rise. And if there's a buyout, I see it happening at least around $95 per share. That adds up to a gain of 138%. And I still feel that's playing it conservative.

You can see why when you accept my "Wealth Recovery Program" special invitation and let me rush you a free copy of The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis.

And then there's more...

Wealth Recovery Play #2:Even if You HATE Gold, You'll LOVE This Gold Stock

For the first time in a couple of decades, some of the richest market makers and shakers in America are buying gold.

Guys like David Einhorn, the hedge fund manager who called the crash of Lehman Bros. And John Paulson, who made billions foreseeing the credit crisis.

Says Peter Munk, founder of Barrick Gold, "I've had more phone calls in the past six months than ever before... I'm not saying George Soros, but people of that caliber have told me they are buying gold."

You no longer have to be a gold bug to see why.

Gold is just doubt turning into action. And with the new government's spending, faith in our dollar looks about as unsteady as a one-legged man on Rollerblades.

In fact, even last year, gold held up great. It's already hit new highs in just about every currency apart from the U.S. dollar and Japanese yen.

Take a look at the following chart...

Now imagine comparing that with the S&P or the Dow or General Motors or any number of stocks that tanked lately. Compare it with the many stocks that have stayed flat.

This move up puts those shares to shame. And for good reason!

Meanwhile, foreign federal banks are piling in. China alone has already doubled its gold reserves. U.S. pension funds and endowments could be next.

And that alone could send the gold price soaring toward $2,000 an ounce.

As long as President Obama, Fed Chief Bernanke and their pals treat the dollar like confetti, gold should continue to gather force. And certain gold stocks should do even better.

Not everybody likes holding bullion. Just like not everyone likes limiting themselves to gold ETFs or taking risks by poking around in the juniors.

But I can show you a gold stock right now that I'm already following for my regular readers. It's still well within my recommended buy range ― so you can jump on it right now. And it's easily the one gold stock you can love, even if you couldn't care less about the yellow metal.

Shares are just under $9 as I write. But every way I play with the numbers, this share is easily worth almost double that. Even if the gold price doesn't budge a nickel.

And of course, the gains get even better with gold rising.

I show you how it all adds up in your free copy of The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis.

I like when companies have cash, and this one does. Over $300 million. Plus zero long-term debt. That gives them plenty of resources to self-finance and even snap up more great assets, with or without the credit crunch.

I also love when managers believe enough in their own companies to eat their own cooking. And this company's management does. The founder and chairman, one of the best managers in the industry, is also the largest stockholder, with nearly 7 million shares.

And that should spell huge gold gains for anyone holding the right shares!

You can start with this second company that I name for you in your copy of The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis.

Here's one more you'll find inside...

Wealth Recovery Play #3: Spend $20, Get Back $60

This third company in your free copy of The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis could turn every $20 into $60. In fact, it's already off and running in that direction.

But there's still room left in this play.

First off, because it's a mini-conglomerate with hands in three diverse buckets, with piles of cash and investments, a water company and ― the part I like best ― a huge holding of water rights.

I don't care how bad it gets, you're never not going to need water. That's true for everybody, even if the world markets flat line for another decade. And it's held true, with the water rights values going up steadily year after year.

I'm sure you've even heard, for instance, how Texas oil tycoon T. Boone Pickens just socked $100 million into water rights. And he expects to make that back tenfold.

What you might not know, though, is the safest and smartest way to move on the water supply-demand gap right now, while the markets are still struggling their way toward a turnaround.

For instance, there are already water-based ETFs. And all kinds of water stocks, from pipeline and pump makers to utilities and sewage services and seawater desalinizers.

But by far, the best way I can show you is to own the rights to the water itself. And that's where the third "slugger stock" in your free special report comes into play...

Making 10% Each Year, Standing Still

You don't need to build it, package it or even market it to make money on water.

It just goes up in value sitting there.

Historically, by 7-10% per year.

To give you some idea, water-rights land sold for as little as $35 per acre-foot within living memory. An acre-foot is the amount of water it takes to cover an acre of land one foot deep.

Today it goes for about $7,500 per acre-foot in Coyote and Kane Springs, Nevada.... and $10,000 per acre-foot in Harquahala Valley, Arizona. Near Carson City and Fish Springs, Nev.... it goes for $45,000 per acre-foot.

This company I'm telling you about owns 13,000 acre-feet of the water rights near Fish Springs. Plus, hoards of water rights in other territories I just mentioned.

That's why, when I priced out the shares in your free copy of The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis, I didn't even bother to count the other parts of this company.

Because on water rights alone, this is easily a stock that could triple very quickly.

It's already started to move, shooting up nearly $8 since I first shared this company with my regular readers back in early March. But I see it going much higher.

I only hope you'll move on it quickly, while there's still time.

Just accept your free spot in my new "Wealth Recovery Program" and I'll show you how.

Within minutes, I'll show you how to download the full "Wealth Recovery Library," which includes The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis.

And then, there's much more included with the "Wealth Recovery Program" I hope you'll let me send. You won't pay an extra dime for it. And it's yours for as long as you like.

But before I show you how to get started...

Confessions of a Guy Who Quit His Cushy Job

I should introduce myself.

My name is Chris Mayer. You might know me from my appearances on some of the financial shows like Fox's Bulls & Bears or Forbes on Fox and CNBC.

Maybe you've even seen my work with the Mises Institute, The Daily Reckoning or LewRockwell.com and Gold-Eagle.com.

If that's all you know about me, then what you don't know is my deep, dark secret.

And yes, I feel like I've got to whisper so the guy sitting on the next bar stool won't overhear...

See, a few years ago... I was...

Yep... a banker.

In fact, after I got my MBA, I spent a decade on the inside at one of the nation's oldest and most prestigious banks. And I did pretty well there too.

By age 30, I was the bank's youngest vice president. And I was managing a $250 million loan portfolio, making calls on deals that could make or break companies worth up to $400 million.

I was one of the bank's key analysts, writing and delivering the research to the top brass on who should ― or shouldn't ― get multimillion-dollar lending deals

I even wrote a book about it, called Invest Like a Dealmaker: Secrets From a Former Banking Insider. I loved the responsibility. And I loved the deep analysis I had to do.

Digging deep into numbers... exposing hidden liabilities... blowing past the smoke-and-mirrors to find the real deals. And in all that time, thanks to that careful analysis, the bank never lost money on any of my deals. Not one slim nickel.

I can even send you a copy of my book ― also free and without shipping costs ― when you sign on for my new "Wealth Recovery Program." As I said, you can get all the details on how to get started just minutes from now, at the end of this letter.

Point is, I had it all in that job ― stock options, a pension, a shot up the ladder and lots of respectability. But one day, I decided I had had enough.

And I walked. Why?

The New Four-Letter Word

It just kills me how everyone in the financial world right now acts like the collapse of Citibank and Bank of America... and the total demise of Lehman Bros. and Wachovia is such a surprise.

In fact, given what I saw even during my own career, it's just astounding to me that "bank" is the new four-letter word. Why?

Look, you can barely flip over a slab of Sheetrock these days without finding yet another slimy banking exec who gorged himself on shareholder profits... helped bury "secret" billion-dollar losses... and then greedily snapped up government bailouts, moments after getting caught with his pants down.

But don't think for a New York second this is something new.

And don't think either that a handful of rich jerks in banking boardrooms JUST NOW started cooking up ways to fatten themselves and their wallets by plundering the future financial security of ma and pa retiree!

This was no accident. It was no fluke. And frankly, it's been happening much longer and behind many more closed doors in the financial industry than anybody cares to admit.

I know this because... as I said... I was inside and seeing this whole trend toward financial irresponsibility taking shape many years before the public suspected a thing!

The "Crazy Move" I Had to Make

When I jumped ship, the top brass thought I was crazy.

See, banks are bureaucracies.

If you stick around for 20 years, you can get kicked upstairs whether you've got talent or not. All you have to do is stick it out. And say yes to stupid decisions, no matter what.

I had no interest in doing that.

For instance, at my own bank, the insiders had already started making the same kinds of stupid decisions that would sink the bigger banks like Citicorp and Bank of America years later.

I didn't like it and that's when I told them I wanted out.

They wanted to go with the flow. I wanted to make things happen.

And I wanted them to happen the right way. That's when I jumped ship. Maybe you think that's crazy too. Yet sure enough, soon after I left the bank, its stock tanked from $36 down to $5.

My stock options would have been worthless.

Meanwhile, I had something from my decade in the trenches much more valuable. I had learned how to take apart a company's books with tens and even hundreds of millions of dollars on the line. I could uncover key financial details so deep it would make an IRS agent blush.

On top of that, I started my own kind of historical analysis. I plunged full time into economics, markets and the history of making money. And I was able to pour everything I studied ... along with every formula and technique I'd perfected after years of deep asset analysis... into financial research for myself.

Pretty soon, others wanted in. So I started a new private research service.

In the beginning, not everybody had access. I sent it only to like-minded analysts, wealthy individuals and high-up Wall Street players. But it wasn't long before word spread even further.

That's around when I met New York Times best-selling financial writer Addison Wiggin.

Addison heads a $30 million international financial network. And he was so impressed with my Capital & Crisis research service, he urged me to let him start publishing issues for me.

I agreed and that's how we got here today. With over 57,000 readers and a long track record filled with money-doubling gains like 145%, 109%, 100.3%, 115% and 109%. With plenty more to come.

Of course, I can tell you more about Capital & Crisis a little later.

In fact, I'll show you how to get up to 12 months of Capital & Crisis free.

In addition to everything else we've talked about so far in the "Wealth Recovery Program." But before you move ahead, here's another glimpse of what you could be getting...

Secrets of the Stealth Millionaires:How to Turn a Crash Into a Fortune

Think you can't get rich in a downturn?

Think again.

Because many have.

And not just a little rich... but very rich.

Simply by following the same simple formula I unveil in detail in your second "Wealth Recovery Library" free report. It's called The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart.

Here's just a sample of the real-life stories and success secrets you'll find inside...

The Toothpaste Salesman Who Built an Empire: By the time stocks scraped bottom in 1931, Alvin Brush was selling toothpaste. By 1935, and thanks to some luck and a string of buyouts, Brush took over an aspirin company that was doing $2 million in sales.

Shares had just collapsed from $86 to $25. And the company was in trouble. What did Brush do? He launched into a Depression-era buying spree, snapping up value wherever he could. Floor wax companies. Coffee producers. Oil companies. Baby food makers. The insecticide brand Black Flag. Penicillin and vaccines. The sunburn cream that became Preparation H.

The company, American Home Products, became an empire.

Sales soared to $80 million (nearly $985.6 million in today's dollars). And shareholders made a fortune, as AHP stock roared back to $60 over the next eight years. AHP even paid out dividends for the decade totaling $34.35 per share.

All because one man realized it's less important to buy popular stocks when everyone else is buying... and more valuable just to own good assets when they're selling for less than what they're worth. It was really that simple.

Of course, Brush wasn't the only one to tap into this discovery...

The Secret Life of a Celebrity Economist: You probably know John Maynard Keynes for being the snooty British economist behind FDR's New Deal. But he was also a filthy rich investor. Though, he almost didn't end up that way.

See, during the Roaring '20s, Keynes never beat the market. And the '29 crash wiped out 80% of his money. It wasn't until 1931 that Keynes saw the light and starting getting rich. How?

He stopped speculating and ― like Alvin Brush ― started hunting instead for a few good companies selling at cheap prices. Again, simple. Not a hoard of shares. Rather, just a few good ideas. And it made a fortune.

In a single year with this strategy ― 1934 ― he tripled his net worth. Over the next several years, he cranked out a tenfold return. Even though the market had gone nowhere. Can you imagine doing that right now? Others waiting for a recovery, while you're building a fortune.

And you don't have to be a Cambridge man to figure out this secret, either...

The Greenhorn Who Turned $39,000 Into $100 Million: Floyd Odlum had no Wall Street training. He grew up the youngest of five, the son of a poor minister. And spent his teen years picking berries, digging graves and even selling celery door-to-door, just to make a living.

Even after getting to Wall Street and starting to make money, Odlum said reading ticker tapes confused him. And he hated boardrooms. During deals he would prop his feet on the desk, chain-smoke and look bored. When he got rich enough, he moved his board meetings ― and did most of his investing ― while floating in his swimming pool.

But Odlum's secret was simple too. From the start, he invested only in deeply undervalued companies... where he could get the assets for much less than they were worth. That helped him turn a $39,000 stake into a $100 million empire. That's $1.5 billion in today's dollars.

And he did it all in less than 15 years.

Then there's Phil Carret, who launched his extreme value mutual fund in 1932 ― and gave shareholders an average 13% compounded return every year for the next 50 years.

Or Bernard Baruch, who also made a fortune after the '29 crash. And Ben Graham, who wrote his history-changing book on investing in 1934 ― the depths of the Depression ― which helped inspire Warren Buffett, the greatest investor in history.

Their stories are all different. But in each case, what they did to get rich during the worst financial drought in world history is very much the same.

They followed a very simple formula. A secret that let them find and load up on high-value stock market assets ― at a bargain price ― that allowed them to survive the financial turmoil.

It's a timeless discovery. And it could make you very rich.

I show you how in your free copy of The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart, included in "Wealth Recovery Library."

Of course, you'll get more than just their personal stories.

Because I've also included modern-day opportunities that fit perfectly with their wealth-making formula. Let me just give you a glimpse so you can see for yourself...

Wealth Recovery Play #4: A 783% Gain, Thanks to Wall Street's Best Kept Secret

This first little company may be the most secretive little wealth-making "club" on Wall Street. Only it's not a club, it's a huge conglomerate ― probably the biggest one you've never heard of.

And the rich family behind it loves to keep a very low profile.

They don't give newspaper interviews. They don't show up on financial talk shows, pushing their company name. As far as anybody knows, they don't even go to local Chamber of Commerce meetings.

Yet over the last 90 years, they've made themselves and their few lucky shareholders ― the family owns nearly three-quarters of the outstanding shares ― a fortune.

The Worldwide Empire You Never Knew Existed

Its head office in Kansas has one small sign hanging on the door.

You'd never guess that behind the sign was a massive moneymaking network with $2.6 billion in annual sales... operations on four continents with over 10,000 employees... and a hand in every kind of business you can imagine.

From making electricity and running cargo shipping lines... to warehouses and ports... down to raising chickens, harvesting shrimp and salmon, and making flour and wine... they've done it all. And in the same way as the "stealth millionaires" we talked about, snapping up as many undervalued companies as they can... steadily over time.

That same strategy kept this company very healthy during the last Great Depression.

And it's still working extremely well for them right now.

Who Wouldn't Want 2.5 Times More Wealth by This Time Next Year?

From 2001-2006, counting dividends, this company's shares shot up 783%.

Compare that with the S&P 500, which actually lost ground over the same period. Yet I fully expect this move to soar again over the coming year to two years, despite today's downturn.

Right now, it trades for an extremely cheap 8 times earnings and less then 90% of real book value. So you're getting a 10% discount on the assets right there.

By my calculations, if this company just kisses it's pre-market crash high, you'll see a gain of 150%. That's 2.5 times the current share price. And it could easily go a lot higher.

I show you exactly why I'm so confident in your copy of The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart.

Here's another one you'll find inside this second FREE report...

Wealth Recovery Play #5:How to Get the World's Two Best Investors to Manage Your Money

Imagine getting a better average return on your money every year than the best investor in stock market history. Now imagine doing that for the next 31 years.

Warren Buffett, history's best investor, has locked in an incredible average gain of 20.3% since 1965. That's enough to turn every $10,000 into over $23,504,789.

So how come you haven't heard yet about the two college classmates who since 1978 have beaten that incredible average ― with an annual 33.9% return ― every year since the late 1970s?

Simple.

They started with less. And they haven't done it as long.

Just the same, their performance could have turned every $10,000 into $63,594,171 ― despite four major U.S. market crashes, seven international downturns and five U.S. recessions!

How did they do it?

The strategy they've quietly used is a lot like the one Alvin Brush used to multiply revenue for his conglomerate 16 times over. This little company moves in on deep-value assets, rebuilds them and either hangs or resells for a fortune.

Again, so far, they've averaged 33.9% per year!

And their stock has soared. Just in the short time I've tracked this, my readers and I have already seen a double. And now that the market's down again, we're using that as a reason to load up again.

Right now, you can get it at only 75% of what it's actually worth ― for a share that usually trades three times that level. That's a potential threefold return, right there.

The Single Best "Set and Forget" Stock You'll Ever Come Across

The pair that's chasing the all-time performance record owns over a quarter of the holding company I'm telling you about. And they're both billionaires for it.

And like the "stealth millionaires" of the '30s... Alvin Brush's American Home Products... and the other cash- and asset-rich "stealth wealth" creators I like to share with my readers... they've done it sticking to the same simple formula... buying good value at great prices.

Just owning this one share gets you a stake in some of the best recession-proof and rebound-ready companies in the world. From energy projects and timberland... to wineries... oil, gas and iron... and plenty more.

The same as with almost every stock, they did take hits during last year's epic bust.

But that hasn't hit their knockout average gains for the last three decades straight. And a team that can do that, frankly, is not going to turn stupid overnight.

This is easily my single favorite "set and forget" stock.

And you can read all about it just minutes from right now.

Just accept the special "Wealth Recovery Program" offer at the end of this letter and I'll send you a free copy of The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart and your other free reports immediately.

Here's more of what you'll find inside...

Wealth Recovery Play #6:The Cash War Chest You Buy Into... Even If You Haven't Piled up Lots of Cash Yourself

Who wouldn't want to have a lot of cash on hand right now?

Anybody who was "all in" when stocks went south last year knows exactly what I'm talking about. And anybody who had the savvy to hang back knows what I'm saying too.

Cash right now doesn't just mean you steered clear of lots of last year's losses... it also means you're primed to move on the epic buying opportunities piling up on the horizon.

The third "stealth wealth" creator I'll show you in your free copy of The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart is in exactly that position.

Almost all thanks to the 43-year-old genius at the helm.

This is another stock that gives you a strong spread of high-quality assets ― from timberland to power generation to a stake in the most coveted office buildings in Manhattan.

Yep, it owns property in one of the worst property markets in living memory. But where strip malls and box stores have gone empty across America, this company owns only long-term, high-quality leases with a 97% occupancy.

And that's on top of huge cash income from across the rest of its widespread portfolio, including one of the largest and lowest-cost electricity producers in North America (which, at the end of 2008, posted its best annual cash flow ever).

But it's the cash "war chest" itself that's the real deal here.

As you'll see in your free report, the company only likes to buy with a 100-year horizon on value. Which means, despite nearly $90 billion under management, it hasn't made any big investments for the last three years straight.

It just didn't look safe enough.

Meanwhile cash poured in at around $1.5 billion per year. And now the company's ready to snap up bargains as they come along, with the view that the "next 24-36 months will be one of the best investment periods ever."

When you accept your free "Wealth Recovery Program" invitation, I'll rush you a copy of The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart.

You'll see exactly what this brilliant long-term market player is gearing up to buy ― then I'll show you how to easily tap into this company's "cash war chest" advantage yourself.

You'll also get a third free report, CODE: My Proven Four-Step Formula for Getting Rich in Any Market. It shows you how my readers and I use these same "stealth millionaire" secrets even now. Plus, how you can use them too, to get rich in even down markets.

This third free report is also yours to keep, as part of the free "Wealth Recovery Library." And the timing for knowing these secrets couldn't be better, frankly, than right now...

How Everything You Know About Stocks Just Changed

Look, I know that even when the good times roll, it's not easy for everybody to make money in 2010 top stocks. Because just too many spend too much time chasing the wrong things.

It was that way for famous economist John Keynes, for example, in the rollicking good years leading up to the Great Crash of '29.

Even though the market was roaring, Keynes couldn't seem to make a dime.

He even lost nearly 80% of his wealth when the market fell apart.

But then he changed what he was doing.

And even though he started doing it in one of the worst market years of the Great Depression, he still managed to quickly pile up a personal fortune worth over $30 million in today's dollars.

What I want to show you is that the legacies of wealth created then... and in other historical market collapses... used all the same secrets you can apply to the crisis situation today.

I lay it all out for you when you sign on for the complete "Wealth Recovery Program" we've talked about. All the resources you'll receive are yours to keep, for as long as you need them.

And the program itself is yours free.

The bottom line is that it takes only a few small changes to see some spectacular gains, even in this kind of market ― and in fact, right now may be the best opportunity in a few generations to give this a try.

That's why I hope you'll take me up on this invitation now, while there's still time.

This is your chance to forget the buckaroo hedge fund managers and unscrupulous bankers who got us here... forget the bureaucrats who want to buy your votes... forget the pump-and-dump brokers and fat cat CEOs with "golden" parachute escape plans... to escape from this financial quagmire and get rich doing it.

It's really that simple. I can start showing you how with all the resources you'll get free in my new "Wealth Recovery Program."

First you'll get all six opportunities we talked about and all the free reports in the included "Wealth Recovery Library."

Then you'll immediately start getting free regular "Crisis Recovery Report" bulletins, to keep you up-to-the-minute on all the new risks and opportunities in the modern marketplace.

You'll also have free and unlimited access to my frequent audio and video market updates and reports.

Plus, you'll have peace of mind knowing that all this is yours to use and keep for as long as you like... and as long as you need these resources to help you navigate today's dangerous markets.

But then there's one more advantage I urge you to consider.

It's simply this. I'd like you to try my regular paid research letter, Capital & Crisis. And I'd like you to try it for up to a full year of monthly issues... also free.

Of course, there's also something in this for me.

See, I love having the opportunity to give you everything in the "Wealth Recovery Program" we talked about. But it's only in Capital & Crisis where I can spread out and really take the time to lead you deep into the opportunities I'm sharing right now with my other paid-up subscribers.

It's here that I'll get to show you many more of these saver and innovator companies... the cash-and-asset rich industry leaders... and companies with a road map for profits.

And here that I can talk to you much more candidly about the top management of the companies we'll follow... and about all secrets, good and bad, that I find when I scour their private books.

These are the opportunities my paid-up readers and I study in my regular monthly issues... these are the ones I could be writing to you about every week in Capital & Crisis subscriber-only updates... and these are the ones you can check in on whenever you want, using the members-only Capital & Crisis Web site.

I know you'll want to look over the other resources we've talked about in the free "Wealth Recovery Program" we've talked about too. So again, those are yours to keep regardless. But I'm going to urge you to try up to 12 months free of Capital & Crisis too.

I know you'll find it valuable. And you don't have to take my word on that either.

Just listen to what some of my 57,000 Capital & Crisis readers have to say...

The Best Newsletter I've Found So Far "I just want to say that I have subscribed to quite a few investment newsletters before, and this is the best one that I have found so far. You have turned me from a trader into an investor with your investment insights. I would just like to thank you for this newsletter. Keep up the good work." ― R.D.

Chris Has Grown My Investment by Fivefold in a Month "You recommended a short sale of Japanese bonds through Chris Foster at Friedberg Mercantile in Toronto. I followed your recommendation, and through careful and constant attention, my small $5,000 investment has grown by over fivefold in a month... I enjoy and look forward to your monthly communiquÈs. Keep up the good work!" ― J. Redmond

I Will Be a Long-Term Subscriber "I just subscribed to Capital & Crisis this month. I've been reading through the back issues of your newsletter, and I just wanted to tell you how impressed I am with your writing style and content (and your track record too, of course). Reading through the archives is like getting a university-level education on sound investing principles. I am very much impressed with your letter and think it is very likely I will be a long-term subscriber." ― L. Prokop

I Wish I Had Been Reading Such Thoughtful Analysis 24 Years Ago "After spending 24 years in the investment business (and building assets under management to $350 million), your insights are probably the best I have seen. Your study of the great money managers, past and present, and your ability to succinctly distill, explain and relate their philosophies to your specific recommendations is a true talent. I only wish I had been reading such thoughtful analysis 24 years ago." ― S. Ostlund

It's Probably the Smartest Letter I've Ever Seen "I'm quite a new subscriber, but I must say that I really love it. It's probably the smartest letter I've ever seen, and believe me, I've seen a lot of them in more than 10 years. Congratulations for the good job." ― M. Dejolier

And if that's not enough, just take a look at how we do with our readers-only recommendations, which you'll gain full access to once you agree ― along with the rest of your free "Wealth Recovery Program" ― to give Capital & Crisis a try...

Look, I don't pretend to have a crystal ball.

And I'm not someone who watches the nightly financial news with a cell phone in my hand. But that's exactly why I've written you today. Because I believe you're not that kind of person either.

I believe instead that you're more like me... that you appreciate value and have a much better nose than most for a very good deal. And of course, you also know that the best deals become available in times like right now.

Sure, it's not easy finding them. Especially if you're going alone.

All I'm saying is that with the combination of my "Wealth Recovery Program" and up to 12 months free of Capital & Crisis, I can help you find those great opportunities.

I'd hate to see you miss out. And I'd hate see you turn away just as things get interesting.

Which is why I've gotten my publisher to agree that when you get started with my new free "Wealth Recovery Program"... you'll also automatically qualify to get up to 12 months free of Capital & Crisis so you can see for yourself.

So let's just run through everything one more time...

Wealth Recovery Program Benefit #1: An Entire FREE Wealth Recovery Library Including 6 "Recovery" Money Moves You Can Make Right Now

The moment you accept your reserved slot in my new "Wealth Recovery Program," you'll gain immediate access to the included "Wealth Recovery Library."

This library contains a full set of brand-new research reports, specially prepared for you... to show you how to optimize gains, even now.

The first report in your free library is The "Slugger Stock" Recovery Portfolio: Three Easy Ways to Double Your Money as We Emerge From This Crisis.

And inside, you'll find three cash-rich, secure and sensible market moves that I fully believe ― in today's completely unusual market situation ― could easily double and triple your money over the next several volatile months ahead.

Your second free report from the "Wealth Recovery Library" is The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart.

And inside, you'll not only see my own research, going back to the Great Depression itself, on how some of the world's smartest market navigators built massive fortunes... even during what seemed like impossible financial times...

I'll give you three more precise stock recommendations that fit the modern-day version of the "stealth wealth" formula used by our latter-day titans of Wall Street.

The bottom line is that even now, you can still get rich with top stocks 2010. And this second special report, The Stealth Millionaires Club: Secrets of the Elite and How They Make Fortunes as Markets Fall Apart, shows you how.

Including...

How to average 33.9% year after year in any market... how to triple your wealth over the next couple years... and how a single secret helped one "bad" investor turn his game around, adding millions of dollars in stock market gains to his portfolio ― in a nearly FLAT market!

It's all yours free in this second report.

And then I've also added a valuable third report that I just mentioned. It's called CODE: My Proven Four-Step Formula for Getting Rich in Any Market.

Inside, you'll find the tight and simple four-part formula that's proven hugely successful for me and my readers... with a long list of money-doublers, to the tune of 145%, 109%, 100.3%, 115%, 109% and more.

And deep research shows that the very same parameters of this simple, formulaic approach could just as consistently be applied to some of the smartest market moves in history... by some of the world's most successful investors... in both up and down markets.

I truly believe we've got an unequaled opportunity to get very rich sitting right in front of us. If you're willing to see it. And the formula you'll discover in this third FREE report shows you how.

And then there's still more...

Wealth Recovery Program Benefit #2:Unlimited Crisis Recovery Reports to Guide You for as Long as the Crisis Lasts ― Guaranteed

These are also yours free.

And for as long as you need this service or until the world markets have recovered.

In short, there's no limit on the length of this special "Crisis Recovery Report" subscription, except that I'll keep on producing it and sending it to you for as long as you like and as long as this crisis lasts... and for as long as I know I can produce it in a way that's valuable to you.

Six more months... a year... two years... or longer.

It's yours, for as long as the market's as chaotic as it's been... and as long as I'm capable of writing each issue. Mind you, this is entirely new. It's a kind of resource I've never offered before. And certainly not for free.

But it's yours for as long as you need it.

I'm going to tie every alert to vital turning points, dangers and opportunities in the market... as they come up... so there's no way to tell you exactly when your next alert will arrive.

The schedule is totally dictated by market events.

Inside, I'll tap a powerful worldwide network of experts that I already have lined up to give you their analysis and recommendations. If another bank fails... if the Dow tanks or takes off... if Obama or the Fed makes a big move... you'll hear about it.

More important, I'll show you real things you can do to benefit from it... while shutting down your exposure to the new and complex risks of today's once-in-a-lifetime marketplace.

And then, of course...

Wealth Recovery Program Benefit #3:Full Video Interviews and Transcripts for When You Need an Even Faster Update on Market Events

In 2008, my publisher introduced a valuable "Crisis Recovery Series" of video interviews with financial experts. Economists, former fund managers and analysts, commodity experts, options experts. It was a big success and extremely popular.

So now I've talked him into letting me expand the series to give you even more of these quick and engaging video reports, watchable online, over the months ahead.

I'll tap the same global network of financial experts. Some reports will go in depth. Others will run quick and deliver the key facts with a one-two punch. Some may even be just audio, so we can get the key information out to you as fast as possible.

This won't be polished "news network" bull.

What we don't set up in a recording studio, you might hear only phoned via cell phone from an airport. Or filmed with a camera balanced on a water glass during a closed-door meeting, if that's what we have to do.

I'll arrange to get transcripts done for the key interviews too, so you can read along or just soak up later the things you don't have time right now to listen to.

This entire series of "Wealth Recovery Program" video and audio will also be yours free, no questions asked. Along with transcripts, for when you want to follow along or review later.

All of this is yours to start using right away. And will remain yours no matter what, for as long as you need it and as long as this crisis lasts. A year, two years or even longer if that's necessary.

At no extra charge.

Now here's the "catch" I told you about earlier. But don't worry, because it's going to give you ways to make a lot of money over the months and years ahead...

Wealth Recovery Program Benefit #4:Up to 12 Extra Months of Wealth-Rebuilding Opportunities, Also Yours Free

I genuinely think we're at a turning point in history.

That's why I created the "Wealth Recovery Program."

That's also why I'm happy to give it to you free.

But let's face it.

If you were to just take that step... if you were only to send for all the things we've talked about as part of my "Wealth Recovery Program"... I'd be giving you much less than you deserve.

And I'd be doing myself a disservice, besides.

See, for years now, I've been giving paid-up readers of my Capital & Crisis monthly advisory letter so much more than we've already talked about above.

And with results both my readers and I are proud of...

Like our 100% gain on Grupo Aeroportuario del Sureste... 72% gains on Intrawest... 109% gains on Leucadia National... 115% gains on Brookfield Asset Management... 121% gains on Companhia Paranaense... and 232% gains on Agrium, just to name a few.

I'd love the chance to share these same kinds of opportunities with you.

And in this market, at this historical moment, I see many more of them ahead. I've already shared many of them with my Capital & Crisis readers.

Of course, I can't just give away the hard-earned research that my own subscribers pay to receive. But what I can do is give you a chance to sample the same discoveries yourself.

Risk free and for up to 12 months, at no additional charge.

See, the usual price for a two-year (24 issue) subscription to Capital & Crisis is $318.

But as part of the deal I've worked out with my publisher, he's going to let us offer you two years of Capital & Crisis ― that's two years of issues ― for better than half off... or just $129.

You win, because that's like getting an entire 12 months of issues free. And I win because I know I'll have double the time to share my research with you to win you over to our way of making money more safely and more reliably.

By the way, just to sweeten that deal, I'm going to give you a copy of my 240-page book, Invest Like a Dealmaker: Secrets From a Former Banking Insider too ― I'll even cover the shipping.

If you only want six free months of Capital & Crisis, then you can try it for one year but at better than half off the usual $159 annual fee ― or only $79.

That's still a win for you, because you're essentially getting six of those months free. And of course, every subscriber immediately gets a password to the subscribers-only Web site... plus weekly updates on everything in the subscribers-only portfolio.

This is all above and beyond the entire "Wealth Recovery Program" you get to keep regardless, for as long as you like and at no extra charge whatsoever. And did I mention even if you change your mind, you're completely protected...

All Guaranteed For a Full Year

I know these are tough times. And I know you're thinking a lot more carefully when you make decisions. Even with a win-win situation like this one.

And believe me, as an ex-banker and analyst who wishes a heck of a lot more companies on Wall Street would follow your example... I certainly respect your position.

So on top of everything, tell you what else we can do to make this even easier.

I'm going to twist my publisher's arm ― and take the phone off the hook so my lawyer can't get through ― and back my whole invitation with a powerful "full year" guarantee.

That is, I'm going to see to it that your full satisfaction is guaranteed for the entire first year of your subscription ― no strings attached and no questions asked.

In other words, go ahead and try Capital & Crisis for two years or one year... and enjoy the full benefit of the half-off deal. If at any time in that full first year, you decide it just isn't working out for you... for any reason at all... just write or call me at the number I'll provide and ask for a refund. I'll see to it you get a check to cover the entire amount of your subscription ― 100%.

All your money back.

No questions asked.

And you keep everything.

Naturally, that means the entire "Wealth Recovery Program" benefits too. Including all three reports in the "Wealth Recovery Library"... your open access to the regular video and audio updates and transcripts... and even your unlimited "Crisis Recovery Report" bulletins.

Even if you decide to cancel Capital & Crisis itself after just one or two issues.

Am I nuts? Yes, I know that's a huge gamble for me. But it's one I'm willing to take.

Because frankly, if you're as smart and independently minded as I already know you are... you'll enjoy everything Capital & Crisis helps you discover. You may even sign on for more after your trial subscription runs out. Just as so many of my other 57,000 prefer to do.

And if I'm wrong, no big deal.

Just take me up on my full 12-month satisfaction guarantee and you'll get a complete refund... plus, a lot of free analysis and research besides. You really couldn't ask for a better or timelier deal.

Only 63 People Know Exactly Why

In my 25 years of research and study, I've learned of 63 people who know what I'm about to show you.

These 63 are Nobel Prize winners, venture capitalists, famous researchers, and CEOs.

They each control a different piece of the amazing story I'll share with you today…

Today, I'll show you everything. So you may be number 64 in the world to know this staggering secret…

What's more, even the 63 select, in-the-know folks are staggered by this idea's world-changing potential…

Why? Because a chance like this comes along once every few lifetimes.

If you're lucky.

And you are lucky. Very lucky, in fact.

Because you're about to see what only a handful of people know.

What you learn could make you ultra-wealthy ― and it could also change the world.

See, I've interviewed some of these 63 folks who get it.

And I'm convinced that years from now, mankind could remember them as responsible for the most important development in human history.

By then, their ideas could have made you ultra-wealthy.

That's one reason why I'm so excited to write to you today…

Because you're minutes away from what could be your best shot ever at a different life… the ultra-wealthy life.

Your One Chance at Ultra-Wealth From a World-Changing Idea Whose Time Has Come…

I believe there's no force stronger than an idea that won't wait for people to notice before it changes the world.

That's the simple reason why I'm writing to you today.

You see, I've found what I believe is the most shocking and profitable idea of our era.

And I'll show you my complete research. All my interviews.

First ― let's be clear on something right from the start ― here's what I mean when I say you could be on the verge of "ultra-wealth"…

"Ultra-wealth" is you having endless piles of cash....

Money you can use however you choose.

Money that thrives no matter what happens in the markets. Money that works for you ― easy, less money.

Money that finances your dreams, your children's dreams, and your grandchildren's lives and dreams… that's Ultra-Wealth.

Today, I'll introduce you to the people who can make it happen ― for you.

Let's get started…

You're Seconds Away From Your Shot at Life-Changing Ultra-Wealth

Changing lives. Raking in huge fortunes.

It's a lot to handle. I know. So first, let me put all this in context.

Because you may be only #64 in the world to know… it's important you get this right. Why?

Time is critical here… parts of what I'll show you are extremely time-sensitive.

So critical, in fact, that your immediate reply is absolutely essential.

I'll give you the details on why in just a second. 

Just a hint: One of the 63 broke some incredible news on the international scene just a few days ago… it's news that could easily put your ultra-wealth in motion.

But first, here's some real-world implications of what I'm about to tell you…

What you're about to read is the product of my years of research into the shocking technologies that will soon change our lives. In fact, some of what you'll read today is already changing lives… and fortunes.

My readers understand this. So when I say only "63 people in the world know why…" the six tiny companies I'll reveal will change the world, of course I'm leaving some people out. The 63 people I'm referring to are executives at each of these six companies ― the ones who are in the absolute best position to know exactly how much potential their companies have.

But consider this ― I've had CEOs and CFOs go on the record with me ― and they've so much as admitted that they deeply understand the work their own company is doing, but they're completely in the dark as to what other companies in their field may be up to.

My job gives me unique access to talk to ALL these CEOs and CFOs ― all the research people ― so I can wrap up all their work in reports like this one…

So while it may be more than "63" folks currently "in-the-know" ― it's no overstatement to say that only a critical few understand the full implications, and profit potential, of what you'll read today. It may actually be 100 people, or 250 people, or maybe more. Today, you can join them ― and begin to build ultra-wealth from these incredible ideas.

Imagine How Different Your Life Would Be If…

Imagine how different your life would be if you could step back in time…

And take a seat alongside Thomas Edison in 1879 at his Menlo Park lab.

How your life, and fortunes would be drastically different…

Here's my point: You wouldn't have had to invent the light bulb.

It would've been enough to simply soak in the ideas. And then to take decisive action and invest as the world-changing ideas you'd learned about changed humanity…

That's exactly the power you have today ― the power to make a FORTUNE.

Whether you jump on right now or not ― this world-changing idea will sweep the world. 

So why not jump on at the earliest stages and maximize your life-changing profits? It's an easy choice when you consider the potential. Potential like…

Sitting in on meetings with IBM computer brass in late 1961 ― months before the company went public.

How much was their "inside" scoop worth? … Billions.

Or NASA scientists in the mid-60s. What if you knew who would supply the parts to send men to the moon, well ahead of time… how rich would that have made you?

I confess ― what you're about to see today is just as shocking, and potentially more lucrative, than going to the moon.

The 63 brilliant minds you're about to meet ― they're on to something BIGGER than electricity.

More lucrative than early computers. And more shocking than going to the moon.

You see, this idea has the power to directly benefit every single man, woman and child in the world. 

Not just the lucky, the rich, or the citizens of certain countries. 

What you're going to know in six seconds will put you in exclusive company in the history of mankind....

Yes, work that will change the world is underway ― right now.

Opportunities like the one I'm about to uncover come along once every few lifetimes…

Prepare yourself for the ultimate profit revelation…

Here's What the 63 With the Real Story Already Know ― and Why It Could Make You Ultra-Wealthy

The revolutionary change you're about to see is already well under way.

It has the power to change every life on the planet ― and make a select-few folks like you incredibly rich. Now here it is…

Scientists are close to figuring out how to make the body heal itself.

I'm talking about making the body heal itself quickly, painlessly, and naturally ― harnessing the potential stored deep inside each of us…

It's the power to cure disease. The power to PREVENT disease. And the power to eliminate aging…

In fact, much of what I'll show you today is already in testing. Plus, six companies I'll share with you today control some of the most important breakthroughs…

Some of this work is about to hit the market. Today I'll tell you all about it…

Someday very soon, if a person has a heart attack, that person could be able to receive a simple, painless shot that rebuilds his heart.

So it's good like new. Clean, YOUNG, healthy, and strong. As good as a new heart.

Now here's the shocking part…

Scientists could be able to build the shot that repairs and rebuilds hearts by taking a small blood sample.

Or lifting a few pieces of hair from a person's head. But that's still not the best part…

One day, the process could be as easy as going out to get a cup of coffee.

A machine will take a patient's small blood or hair sample.

A few seconds later, the machine could spit out a formula into a syringe ― and inside the syringe could be the cellular tools to repair and rebuild any number of organs…

The liver. Kidneys. Lungs. Heart. Brain… you name it.

The science can rebuild skin. Cartilage. Tendons.

I'm talking about practical immortality. I'm talking about the potential for radically increased lifespan ― making 75 the new 40.

Life Extension Magazine called Dr. Sanjay Gupta "the most famous and listened to doctor on the planet…"

"Our recent medical progress is astonishing. There's something known as Moore's Law, which means that we basically double our scientific knowledge every few years… I do believe that in our lifetime we will see the promise of… [regenerative medicine cures]. All of these technologies are going to serve a large purpose toward making us live longer and healthier…" Gupta quoted in Life Extension Magazine.

The promise he describes above is about to change lives, and fortunes, forever. Will you be among those who become Ultra-Rich?

Imagine the market… imagine the profits.

Imagine how this technology will change medicine. Forever.

It's a new frontier of cures ― completely personalized to each patient. 

Keep in mind too ― what I'll show you today isn't just to help repair and rebuild organs damaged by disease ― it's to make the old person's body truly young again.

It isn't crazy. It isn't far-fetched. It's the market story of the century…

…and it's already underway.

The implications of this science are as far-reaching as anything mankind has ever discovered.

That's because every living human could potentially take advantage of it. 

There is no one alive that this technology can't help.

That's why it's bigger than the light bulb.

It's going to be more lucrative than computers.

And it's more shocking than America placing a man on the moon… and six tiny companies are behind it all… companies I want to share with you TODAY.

True, you're going to have to move fast, because what's happening right now in "life-extension sciences" is bigger and more important that any political boundary…

…More revolutionary than any short-term market story. More life and world-changing than any story in history…

Not only can this technology cure disease ― it has the potential to WIPE OUT many of the problems associated with aging… like high cholesterol, memory loss… the list is endless, inescapable… revolutionary…

The profit windup is just getting started… and in fact it's already received a recent boost. This company is changing lives and raking in fortunes AS I WRITE TO YOU TODAY... I'll tell you all about it…

First, here's why it's so important that you're on the inside of this ticket to ultra-wealth…

Revealed: The Most Important ― And Profitable  ― Scientific Breakthrough In History

So how does it feel to be on the inside?

More importantly, are you ready to get rich?

The implications of what I'm describing are as huge as anything mankind has ever seen… and six tiny companies control all the most important technology…

Today, I will tell you all about these six companies. I will show you everything I know ― all my research ― all my interviews.

In fact, if you respond right now ― I'll send you my newest report 6 World-Changing Companies To Deliver Your Ultra-Wealth where you'll learn all the details on this breakthrough ― such as…

 

Which amazing company is led by a man who was awarded a Nobel Prize just a few years ago…

 

Which company just received a huge, $4.7 million grant to further refine their research and testing

 

Plus all the details on yet another company that just signed a lucrative agreement with a big pharma firm that could be worth billions.

I'll give you all the details on why you must reply TODAY and how you can get your own copy of 6 World-Changing Companies To Deliver Your Ultra-Wealth in just a moment…

See… all this news is coming together so fast ― I have so much more I have to show you right now…

Now here's the scientific background ―

You know that our bodies are incredibly complex.

It's not an overstatement to say how our bodies work is as complex as the forces that keep the stars in the sky…

And all throughout human history, we've fought to understand more about ourselves.  About what makes our bodies work.

For millennia, progress was slow… we made breakthroughs in fits and starts.

Vaccine technology ― like for Polio in 1952, was just the tip of the iceberg.

Decades later, imaging technology began to allow doctors and scientists to peer deeper and deeper into our bodies.

And what was once done by hand ― such as heart surgery ― only first pioneered in November 1944 ― began to receive the help of technology…

Today ― with ultra-advanced microscopes and what's called "molecularly precise" manufacturing, scientists are close to figuring out how to use our own cells to cure us of disease.

So rather than relying on some outside treatment ― the future of medicine will be in figuring out how to make your body heal itself…

And rejuvenate itself. Without surgery or any invasive procedure… Now here's my confession…

Costs at market for what I'll show you will be incredible at first. Only rich people will be able to afford them. (I'll introduce you to some of these folks in just a minute…)

Eventually, if the technology becomes widespread, the costs will come down.

Everyone could get the cures they need.

The world will change.

People might not die from the most deadly diseases we know today…

THINK ABOUT THE INVESTMENT POTENTIAL…

That's how you could become rich. Because you're in on it early. Before the crowd.

You have a chance to make the bulk of your profits while margins are incredibly high…

And progress will only continue to build… FASTER and FASTER.

It's called Moore's Law. Progress accelerates. Miracles develop seemingly overnight. 

Just like you saw in that tiny, over-simplified timeline of medical advances I just showed you…

That's what's happening right now. Progress is building…faster and faster.

In fact, I'm convinced this is the most exciting time EVER to be alive.

And to get very, very rich. How?

By taking a small stake in the six companies I reveal to you in 6 World-Changing Companies To Deliver Your Ultra-Wealth.

That's the full potential you have TODAY by being on the inside…

But, again ― if you're interested in ultra-wealth ― I must hear from you right now. The news these tiny companies are generating AS I WRITE is like a ticking clock on your chance at ultra-wealth.  

Before I give you more shocking details, however, let's step back for a second and look at just one part of the body ― and the enormous potential these cures have to change our world… very soon…

How One Part of the Body Dominates Medicine ― And Your Chance At Ultra-Wealth

At this very moment ― 30% of all worldwide deaths are because of heart attacks or some other heart problem.

The technology I'm describing could give 70-year olds strong, healthy, robust, young hearts.

Imagine being 70. And having the heart of a 29-year-old.

Yes, I'm talking about rebuilding hearts ― after heart attacks.

PLUS ― the power to make sure younger folk never have heart attacks in the first place.

All from a simple, painless shot.

That's the deep promise behind the science I'm revealing today…

Imagine the full potential… Children born with heart defects? Not anymore.

Young folks cut down in the prime of their life due to a heart valve malfunction. Not anymore.

Older folks living in fear of heart attacks, cholesterol, stroke… not anymore.

It's closer than you think… in fact, the hidden story is that it's coming together so fast it could change the face of investing forever…

FACT: The Birth of Computer Technology Can't Hold a Candle to This Amazing Promise…

You remember the early days of the computer. 

In the 60's and 70's, you'd see huge computers the size of an entire room, requiring entire teams of highly trained people to constantly feed them data. 

And now, the tiny computer you're using to read this letter is far more powerful than that massive hunk of metal and wires…

The technology I'm describing today will build FASTER than computers did. In fact, it's happening even today… for example…

Another company I want to tell you all about in 6 World-Changing Companies To Deliver Your Ultra-Wealth has a revolutionary psoriasis drug that just hit the market in Canada.

This company has 40 other drugs currently in testing.

Another company holds all the most important patents on pill delivery for what could develop into the best way to cure the body of its most terrible diseases…

Cancer. Alzheimer's. Parkinson's. Diabetes. MS ― you name it.

The potential is unlimited.

Now, I admit, I'm only giving you the quick-hit "bullet point" version of the story here.

To get ticker symbols, full details on each company's groundbreaking work ― and how you could start seeing your ultra-wealth profits very soon ― I want you to agree to receive 6 World-Changing Companies To Deliver Your Ultra-Wealth.

Because ― when you break down the implications one-by-one ― the potential is so shocking…

Imagine CURING Alzheimer's with a pill. Or DESTROYING diabetes with a pill.

Or take the example from above ― just imagine the profits from a radical new way to treat psoriasis. How much does that cost each year? In creams, treatments ― diagnosis costs ― you name it.

Imagine it all going away. And everyone who suffers from it being totally healthy.

TENS OF BILLIONS… in profits for people just like you.

The profits for those on board from the start could be astounding. The profits could change lives…

My point is this ― these 63 folks with the inside scoop…

There's amazing work going on. Life-saving potential like humankind has never seen before…

YES ― we're close to eliminating almost every disease ― without drugs as we know them today, without side-effects…

PLUS ― reversing aging, restoring youth… lengthening life spans…

And you're in on the ground floor. Because you're reading this note from me today…

I've talked to the CEOs and the head researchers. I've cross-checked their statements with my network of industry insiders…

I've traveled thousands of miles over the past several years to get all the major players to sit down with me…

I've talked to more scientists "in-the-know" than most researchers ever meet in their life…

And I have to admit ― what I'm going to show you today… it reaches to the very top.

Roche, Novartis, Merck, Pfizer, AstraZeneca, GlaxoSmithKline ― they're all involved.

So is the White House and some of the most famous investors in the world…

And I've done the digging ― inside some of the minds of the 63 with the full story ― and I'm breaking it all open for you today. Plus I want you to have the full story on how your profits could begin ― which I'll gladly GIVE YOU ― so long as you respond to this note RIGHT NOW… and claim your exclusive copy of 6 World-Changing Companies To Deliver Your Ultra-Wealth.

I'll tell you the profitable recipe behind that date in just a moment… but right now, there's so much more I have to show you.

Like how this amazing profit wind-up is ALREADY UNDERWAY…

At This Very Moment, the World Is Changing ― So Don't Let Time Run Out on Your Huge Gains…

We could very well be 24 months (or less) away from offshore availability of some of these cures…

This could happen whether or not the FDA gets on board and pushes these cures through testing and approval.

The force that's gathering right now…

It's bigger than any government. It's stronger than any objection. It's more powerful and lucrative than any fear…

In fact, on the morning of Monday, April 27, 2009 ― President Barack Obama pledged to spend fully 3% of U.S. GDP on science and innovation… he said:

The question is, will you be a part of it? Will you be in position to grab the ultra-wealth this science promises?

I've already shown that it can't be stopped. This progress is so needed, so universal, that it's only a matter of time before it sweeps over the entire world. 

So that's why it's so urgent that you get in while it's still unknown and behind the curtain. 

Acting today is the difference between buying Microsoft in 1986 and turning $5,000 into over $1 million, or buying today ― when it's already a mature company. That's how important this letter is to your financial future…

Act today, and you won't miss your chance for profits. You won't miss your shot at ultra-wealth.

Because you're now on the inside ― and you're reading the most important letter you've ever read. This one.

For a chance to make the biggest profits, however, you must reply TODAY ― RIGHT NOW.  Because after a recent announcement (I'll tell you all about it) ― this story is on the verge, right on the cusp, of being blown wide open…

Very soon, millions could know about this. It might be too late for you to get in for the largest gains. That's why you must run with it while you can…

I'll give you all the details on what recently took place in just a second. But first…

I have information that some rich Russians (including certain key politicians) ― already look and feel like they have stopped aging.

They have received advanced, secretive shots using the science I'm describing.

Now ― who knows if what they got is the right thing or if it'll really work…

Point is ― people are USING the science I'll reveal, today… right now…

"[Pfizer's new division called] Pfizer Regenerative Medicine, will include a fair bit of deal making ― always interesting when you're talking about a company sitting on billions of dollars in cash. Other Big Pharma shops are moving in a similar direction. GlaxoSmithKline, Johnson & Johnson, Roche and Novartis have launched partnerships or invested in companies developing [cures]".
The Wall Street Journal

With the super-strong technology controlled by these tiny companies ― it's only a matter of time until Big Pharma must pay up to access this potential! It could only build faster Ultra-Wealth for you…

This Story Is Bigger Than Government ― But Here's How the Gov't Benefits Your Profits

Now here's your key to profits… Patents.

Patents make it possible to pursue an idea ― and if it pans out, the inventor gets paid.

Patents are protection. They're security.

The six companies I want to tell you all about today ― they're patent RICH.

Development. Manufacturing platforms. Cure delivery. These companies control it all.

Yes, these could be some of the strongest patent-controlling companies, ever. Which only makes the technology they control that much more important.

Someday soon, Pfizer or Roche or Merck will come calling to these tiny, unknown companies in 6 World-Changing Companies To Deliver Your Ultra-Wealth and want to use their technology…

What are these tiny companies going to say?

PAY UP. Which could only make you EVEN RICHER!

Patents, patents, patents. Hundreds of patents between all the involved companies.

It's amazing. And in 6 World-Changing Companies To Deliver Your Ultra-Wealth, you'll see just how big this story really is…

Then you'll grasp just how lucrative your chance is today… and why being on the inside is your key to unstoppable ultra-wealth…

Now here's exactly how you can play these patent-rich little companies to rack up huge gains… right alongside the brilliant 63 folks on the inside…

The Ultra-Wealth Preparation Pack ― The Most Lucrative Reading You'll Ever Do… But You Must Respond RIGHT NOW 

I've wrapped all my research ― all my interviews ― every bit of information I've gathered in what I call The Ultra-Wealth Preparation Pack… it comes in two volumes…

VOLUME I is the report I already mentioned ― 6 World-Changing Companies To Deliver Your Ultra-Wealth where I go over patent details ― full business reports ― painstaking facts and figures on the businesses of the six companies that stand ready to change the world.

You get 6 World-Changing Companies To Deliver Your Ultra-Wealth IMMEDIATELY ― just as soon as you reply to this note from me.

No waiting around. No delays ― you get it all ― all the power for ultra-wealth ― the moment you reply to me today.

PLUS… I have something else you simply must read today…

Interviews With A Few of the Brilliant 63 ― Where you can read a direct transcript of my most recent interviews with a few of the folks behind the revolutionary technologies I'm describing today.

The quick-hit breakdown of just SOME of the potential you get with these tickers in your hand is staggering…

 

Nobel prize winning minds behind these companies

 

Huge recent grants for key research

 

Potential cures in testing as I write today

 

Promise that could some day eliminate nearly any disease ― plus essentially REVERSE aging…

 

The potential to repair and rebuild hearts, lungs, tendons, and cartilage…

There's more… there's a ton more. I'm just getting started…

See ― The Ultra-Wealth Preparation Pack is more than just these two reports…

I'll reveal it all in a minute…

Right now, I have to press on, and get deeper inside this story. Get to the heart of the matter… and remember ―

If you're interested in what I'm revealing, you must reply today.

A recent announcement has really forced my hand ― pressured me to get this information to you quickly… it's no overstatement to say your chance at ultra-wealth is slipping away…

Here's the scoop on that recent announcement ― for your eyes only ― since you're on the inside…

How You Could Start Raking in Life-Changing Gains TODAY…

The CEO of the company with the power to potentially rebuild hearts gave a presentation on the evening of Thursday, May 14.

This CEO's company appears in 6 World-Changing Companies To Deliver Your Ultra-Wealth…

Plus ― if you respond now ― you can also read an interview I conducted with him… in Interviews With A Few of the Brilliant 63.

The conference this brilliant CEO spoke at ― it's the largest and most respected gathering of scientists in the entire industry…

IT'S A BIG DEAL… sort of a Hall of Fame meeting of scientists…

Roche, Pfizer, Merck… were all there. So was the press. And analysts…

The CEO I'll tell you all about made an important announcement about his work.

What was the announcement?
 
Cells he's working show the potential to re-grow cartilage.

Just think for a second what that could mean for folks with arthritis.

I'm talking about BILLIONS of dollars per year, currently lost to the painful and debilitating effects of arthritis…

Now imagine all that healthcare spending going away. All those lost work hours disappearing. All that pain and suffering and missing out on life ― simply going away.

A select few people could become VERY rich off this technology.

And you could be in position to be one of them.
 
You see, this CEO's company, (as well as the other five in 6 World-Changing Companies To Deliver Your Ultra-Wealth) are so small ― these cures so new ― that news like what you just read above can start a flood of interest. Most of that interest, sadly, is from poorly trained and undisciplined investors. 

By preparing you properly with the news, implications, and potential behind this amazing technology in The Ultra-Wealth Preparation Pack ― I'm taking every step possible to help you make the REAL profits ― the kind of profits that deliver ultra-wealth… these are the profits reserved for the smart, insightful individuals ― the profits that truly could change lives.

Consider this point too…

This famous CEO's release ―  in front of every major player in the industry, could all by itself, be enough to propel his company to new heights.

Keep in mind ― the days before and after his presentation ― his company's stock shot up.

The profits, as I said, are already rolling in.
 
Why?

Well, over 60 all-stars presented at this conference. From major pharma players ― to award-winning research facilities…

And this brilliant researcher closed out the entire conference.

Keep in mind ― he was the final speaker because he's a star among stars ― some call him the "father" of this industry. I'll show you how strong his work is in just a moment.

The offer to speak last ― to have the "last word" in front of the entire industry ― was a sign of respect from his peers. And he used this amazing platform to break major news.

News that could light up Wall Street. News that could soon be in every major financial newspaper ― on all the shows.

It's only a matter of time until the media finally does catch on to these unprecedented disease-slaying and life-extending potential cures…

Point is ― it's news that could put you on your path to incredible, life-changing gains.

Fast. For the potential to see the biggest profits, I need to hear from you today… RIGHT NOW… you simply cannot miss another day of profits … 

Yes, I want you to be ready to grab the biggest early profits…

First here's just a taste of what I know about this brilliant researcher…

A History of Groundbreaking Work… The Promise of Life-Changing Ultra-Wealth

Patents turn promise into profits. You know this.

Here's some of the details on this one researcher in particular, and how strong his patent library is.

I estimate the value of his patents today, right now, to be worth somewhere between $200 million and $1 billion.

They could be worth many, many times $1 billion ― that's just a conservative estimate.

How much did he pay to grab these patents?

$1.2 million. He personally controls a patent library so large ― the sky's the limit.

The heart shots I told you about? The exclusive process by which normal cells taken from your hair or skin become cells powerful enough to potentially cure disease?

Patents are in the works for each and every one of these breakthroughs.

Patents turn promise into profits. And his remarks on the evening of May 14 started a wave of interest that could begin your incredible ultra-wealth…

Speaking of promise, as I write to you today ― just $345 buys 100 shares of his revolutionary company PLUS 100 shares of the ANOTHER revolutionary company I'll tell you all about in just a moment…

I give you  the full details in 6 World-Changing Companies To Deliver Your Ultra-Wealth.

That's your bottom line, right there. Just $345 today could start a stream of ultra-wealth for you and your family ― wealth that lasts for decades, for generations…

To get your hands on 6 World-Changing Companies To Deliver Your Ultra-Wealth PLUS my exclusive Interviews With A Few of the Brilliant 63 and be in position to see the biggest gains ― I must hear from you today…

First, however… I know I have to tell you all about myself…

I've Built My Career On Being "In Front of the Story" ― For Over 25 Years

My name is Patrick Cox. I'm Editor of a cutting-edge technology research service called Breakthrough Technology Alert.

Maybe you've seen me on ABC's Nightline or CNN's Crossfire. Or maybe you've read my articles in The Wall Street Journal, or The Los Angeles Times.

I'm one of the most sought-after technology writers in America.

For example, I've written over 200 editorials for USA Today.

Now, I'm not trying to brag. In fact, besides writing about "in front of the story" ideas for over 25 years, I've also been in on the ground floor of quite a few.

My results? Well... you be the judge.

As publisher and editor of PC-SIG Magazine I wrote about topics like open-source and user-supported software, in 1987.

Most people outside the industry didn't even know what "software" was at the time.

Today, Microsoft alone makes $78 billion per year selling software. The industry overall sells hundreds of billions each year.

Later, I wrote presentations and speeches for the CEO of Netscape in the mid-1990s.

This was when Netscape was revolutionizing what it meant to "search the web".

And in 2000 and 2001, I wrote for an early example of what we now call "blogs."

This was for a site called Tom's Hardware Guide ― the second-most visited PC hardware review site.

In just the last eight years, blogging has become it's own billion dollar industry.

By the time I moved on, my section of Tom's Hardware Guide had over one million visitors every day.

I helped increase annual revenues for the site by 500% ― more than doubling traffic during my time there.

I've also consulted for countless other companies through the years ― on topics ranging from Technology Development to Public Relations and Governmental Affairs.

I've seen a lot of money change hands. I've met many interesting people.

And I've made a nice living by being inside these trends of extreme wealth creation.

What I'm telling you today could be more lucrative than anything I've ever written about.

And you can get the full story just minutes from now when you accept your complete Ultra-Wealth Preparation Pack and put yourself in position for what could be three lifetimes of gains.

These are companies with the knowledge to potentially cure disease and rebuild organs ― companies that could easily help make 70 the new 40.

Companies that could make you wealthier ― could make your children and grandchildren wealthier ― than you ever dreamed possible…

But remember ― things could really take off at ANY MOMENT ― when the brilliant researcher behind one of our key companies closed the exclusive conference with his release of news… the profits were already flooding the markets…

So you must act quickly. There's no time to waste…

Simply agree to receive your Ultra-Wealth Preparation Pack from me at the end of this letter, and you'll be ahead of 99.9% of the rest of the world as the next great wealth creation gets underway…

NOW IS THE TIME to take full advantage of your unique position in the know…

Now, I promised I'd get right back to explaining the hard science behind these cures… "I told people PCs would change the world when top consultants were saying the future was room-filling mainframes ― and that people would never own personal computers.

Years later, I was a consultant in Silicon Valley at the dawn of the Internet age and told people that the Web would change the way we shopped plus utterly destroy old media.

Then, I predicted that search engines were the future and that all entertainment and literature would eventually come through your computers. I even quit my research work to help Netscape make it happen.

If you'd listened to me then and invested accordingly, you could be a multimillionaire now. So… it's your choice.

I invite you to look with me into the near future where modern medical miracles are going to blow away entire industries and make dreams you've never admitted come true."
Patrick Cox,
Editor ― Breakthrough Technology Alert

Your One Simple Step Toward Ultra-Wealth

Your opportunity to turn these tiny companies into incredible wealth is running out of time.

I fully expect that before this calendar year is out ― mainstream awareness of this work could have reached a new level. And then, as they say, the investment cat will have jumped right out of the bag…

The comments by the respected researcher I've described ― taking place at the close of the all-star conference the night of May 14 ― could all by themselves set you on a path to true ultra-wealth. That's how important his release of new was. 

And the markets may have taken notice already. But it's just the start…

You could see triple-digit gains in the short-term… maybe even quadruple-digit gains…

But those triple and quadruple-digit gains are nothing compared to the life-changing gains you could make if you act today.

There's no time to spare. One simple call to a broker, or a few clicks of the mouse from the comfort of your home computer… and you could be set.

Set for ultra-wealth. Set to take advantage of what years from now, history will remember as the story of our era.

This is your one shot ― your one opportunity ― to take part in a new world. A better world. A world filled with tremendous profits. And youthful, long, healthy lives. Wealth and health for you and your family.

Simply agree to receive your Ultra-Wealth Preparation Pack ― and do it today… and you're on your way.

But before we get to the shocking offer I want to share with you today ― there's one more thing I must cover…

Massive Potential ― TODAY ― In What Will Become the Market Story of Our Era…

One company I'll tell you about in 6 World-Changing Companies To Deliver Your Ultra-Wealth is actually starting really small…

Right now, this company has a spray in a bottle that could reduce wrinkles.

Plus a potential way to help slow one of the leading causes of blindness.

This company has created a "toolbox" of cure technology with nearly limitless potential… It's shocking just how many diseases and ailments stand to fall by the wayside due to this technology…

Their "toolbox" of technology could be worth tens of billions, actually.

When you consider the current market cap of this company is less than $100 million ― we're talking about the potential for AT LEAST 25x gains as the company rockets into history…

And that's wildly conservative…

See, the CFO of this company is another one of the 63 people I've been telling you about…

Now, you haven't heard about this company. As of now, it's completely unknown. It's not in the news.

But you can read all about his company in 6 World-Changing Companies To Deliver Your Ultra-Wealth …

PLUS…

Read my direct interview with him in Interviews With A Few of the Brilliant 63…

So you can judge his work and reputation for YOURSELF. And make your own decision…

In the meantime ― consider this ― how big will the market be for this wrinkle-destroying breakthrough?

The sky's the limit… in fact, I know a few folks (including the wife of a famous political figure)… who already use this spray.

So rather than paying thousands of dollars for painful, error-prone and scarring cosmetic surgery… a person could spend far less and get the same effect from a spray bottle…

So why's the company doing spray on face-lifts, when it's working on the technology to cure disease?

It's simple. They're demonstrating the principles behind their work. Demonstrating the market. And showcasing the power of their technology.

That's the key here…

These companies are just demonstrating their potential…

And very, very soon the story could start picking up serious steam.

Yes, you're in a once-in-a-lifetime position right now, because so few understand it all.

But this secrecy won't last long. It could all break wide open at any moment…

What I'm describing here will change the world. And so it must change the markets.

The avalanche of money could change lives… especially yours, since you're one of the very few people to understand the weight of this breakthrough…

See, now you're on the inside ― same as if you could step back in time and get the inside scoop on revolutionary computer technology ― before it became public knowledge…

Here's just a little bit more for you… to witness how overwhelming this potential really is…

Dendreon Corporation (DNDN: Nasdaq) recently received positive test results for their prostate cancer drug called Provenge. And investors jumped on the news…

For example, as recently as the first week of March 2009, Dendreon traded at $2.57. After the results release on April 29, the company sat as high as $25.

That's an almost 900% gain in less than two months. Sounds great, right?

Well, I hope Dendreon's drug works. I really do. But those best stock gains? They're absolute peanuts compared to the potential you have in front of you today with the Ultra-Wealth Preparation Pack.

You Get LIMITLESS Profit Potential ― Here's Why…

SAVING LIVES, EXTENDING LIVES… EXTENDING YOUTH ― crafting a better life for each person on the planet ― that's what's really potentially at work here…

Imagine if everyone was healthy… if every worker was healthier and happier…

If life after 70 was just the beginning…

Starting to see how it all comes together?

What I'm describing here today will change the world.

Just like the light bulb did. Like computers did. Like how the railroad and how automobiles changed the landscape of life, forever…

Keep in mind ― only a few who are in front of the game are going to get very rich.

Folks like you could get incredibly rich if I hear from you RIGHT NOW…

Being in the know means you'll be ready to make the truly life-changing money.

The money that builds ultra-wealth. And it all starts today…

Your Complete Ultra-Wealth Preparation Pack ― In Your Hands In 60 Seconds, 100% RISK-FREE

At the end of this letter, simply click on the link, and you'll be just seconds away from reading your complete copy of the Ultra-Wealth Preparation Pack.

With the tickers of the six companies I've been telling you about in your hands, you'll be ready to grab your shares and start raking in the profits, starting right now...

Then, you could be well on your way to building a never-ending stream of ultra-wealth.

PLUS ― you'll also start receiving monthly issues and weekly trading alerts from me ― straight from my desk at Breakthrough Technology Alert headquarters.

Inside these issues and alerts, I tell you all the latest news about our model portfolio and give you the latest scoop on the top stocks for 2010 we're tracking.

But that's not all you get. Here's the full breakdown of what you receive...

  FREE ― The Complete Ultra-Wealth Preparation Pack― sent right to your inbox, mere minutes after you join Breakthrough Technology Alert. Here's the complete rundown of all your FREE reports…

  • 6 World-Changing Companies To Deliver Your Ultra-Wealth ― Patent details, the full story on cures and technology currently in testing. You get all the most important info you need to begin raking in ultra-wealth…

  • Interviews With A Few of the Brilliant 63 ― You get a glimpse inside the minds of the revolutionary researchers who are changing our world. This report is a direct transcript of my most recent interviews.
 

Monthly Issues of Breakthrough Technology Alert ― Each month, you'll receive a profit-packed issue from me, guaranteed to have at least one new pick.

 

FREE ― Weekly AND "FLASH" Email Alerts Directly From Me ― If news breaks about one of our recommendations, I tell you everything I know. In short, I'll always keep you "in front of the story" with every pick I make. You get one email update each week, guaranteed. PLUS exclusive round-the-clock "FLASH" Alerts when you need to know something RIGHT AWAY.

 

FIRST-READ Status For All Future Reports ― Any special report I ever issue at any time in the future, you get a first look, before anyone else in the world has a chance to read it. Now that's some "in front of the story" profit potential.

 

FREE, FULL Breakthrough Technology Alert Website Access ― As soon as you sign up, you'll receive a unique and exclusive Username and Password for the private Breakthrough Technology Alert website. You can look at all my past issues and alerts. You can track the model portfolio. You can read all my special reports.

After all this, you might be wondering what it costs to start receiving Breakthrough Technology Alert and get your hands on your Ultra-Wealth Preparation Pack.

Well, here's my best offer ― good only for a very limited-time…

Here's My Best Offer ―  Use it to Begin Your Stream of Ultra Wealth…

The fact is, the profit-potential is so massive ― these six companies and their cures could be so revolutionary ― that I could easily charge $5,000 or more for you to get your hands on the Ultra-Wealth Preparation Pack…

$5,000 is nothing compared to what you could soon see in life-changing gains ― but you must respond RIGHT NOW. 

$5,000 is a drop in the bucket for the millions you could easily make ― the millions you could pass on to future generations of your family.

But it doesn't take $5,000. Not today. Not for you.

Nowhere even near that, however...

My publisher is convinced the price for a full year is way too cheap. He's thinking about raising the price to $1,995.

But I convinced him that now is not the time to raise the price.

We have a tiger by the tail here, and forward thinking fast movers like you deserve the opportunity to come on board at the best possible price available…

Which leads me to this…

For a limited time, just $895 signs up you for Breakthrough Technology Alert and gets you your Ultra-Wealth Preparation Pack.

And remember how just $345 can buy you 100 shares each of two key companies ― one of which has the CEO who made the massive announcement on Thurs, May 14?

The over $1,000 you save by joining me at Breakthrough Technology Alert right now could make you ultra-wealthy ― all by itself… just by putting $345 to work for your ultra-wealth today…  

That's the most urgent way I can tell you how critical your reply is right now…

You could use your savings to buy 100 shares each in two of the most urgent companies you'll read about in 6 World-Changing Companies To Deliver Your Ultra-Wealth ― and still have most of your immense savings left over…

All that potential. Millions upon millions of dollars in potential. For such a small price…

Act today, and you get the Ultra-Wealth Preparation Pack, the alerts, the issues, the full year of picks ― EVERYTHING ― for just $895.

Just $895. For a chance to become ultra-wealthy. But that's still not all you get…

I Know What Kind of Thinker You Are ― I Know What You Want ― So Here You Go…

I think I know what kind of thinker you are.

You're smart and successful already. If you weren't ― chances are you wouldn't still be reading this report from me today.

So I know you buy for VALUE more than you buy on PRICE.

You're looking for potential. For upside. For the chance at life-changing gains.

And since the urgency for you to claim your spot RIGHT NOW is so strong ― I know I must provide you with even more VALUE…

Which leads me to this…

See, right now you can get your Ultra-Wealth Preparation Pack, read it, and read my monthly issues and weekly alerts ― all 100% risk-free.

That's right. I'll even give you 60 full days to see if I'm right. Guaranteed. Even if you're sitting on huge profits in that time, just from the companies I want to tell you all about.

If I'm wrong and you're not happy with the opportunities I can bring you, you can cancel up to midnight on the 60th day of your subscription to Breakthrough Technology Alert and get your entire subscription price back.

No questions asked and you keep everything I've sent you, with my compliments!

But I'm sure you won't ever cancel. Because I'm not just delivering value to you today ― I deliver value week in and week out ― all year long.

I deliver the chance at life-changing ultra-wealth.

It's risk-free. You can join Breakthrough Technology Alert and read the complete Ultra-Wealth Preparation Pack with no obligation whatsoever. 

So there's absolutely no time to lose. No time to hesitate…

It's the market story of the century ― and to see the biggest profits, I absolutely must hear from you right now ― because there's no telling when the next piece of news will send these revolutionary companies rocketing even higher… There's no time to spare…

Claim your position on the inside today for a chance to become ultra-wealthy from what could soon develop into the most important industry in the history of mankind.

What's the Purpose of a Correction?; Dan Amoss on Unsustainable Economic Activity

The purpose of a man is to love a woman...
And the purpose of a woman is to love a man...

Remember that hit from the '60s?

How about this?

To everything there is a season
And a time for every purpose under Heaven...

That is a line from Ecclesiastes that The Byrds turned into another hit song...

Well, what's the purpose of a correction? It's to destroy the illusions of the previous bubble period.

How's this one doing?

Progress is mixed. US consumers seem to have straightened up pretty fast. After the crash, they went into therapy and rediscovered their inner squirrel. Now, according to news and anecdotal reports, they're saving all the cash they can. Savings rates, which had been near zero, are now bouncing up towards 5%. When they aren't stashing nuts, they are becoming more independent. Reports tell us that they are planting backyard gardens...and putting in their own power plants. (Yesterday, we came across a website for people who wanted to generate their own power.) They're said to be cutting their own hair...and their own grass, driving less, cooking their own meals, and so forth.

They are prone to backsliding at any moment, of course. And with the feds waving the bottle under their noses every day, many are bound to fall off the wagon. But on the whole...consumers seem to be breaking free of the illusion that they can get rich by spending money.

The property bubble illusion seems to have been given a good whack too. Few are those in the United States of America or Britain who would say today, 'houses always go up in price.' Or that 'you can't lose in property.' People know it doesn't work like that. Many speculators and homeowners alike have lost big. They'll remember it.

Still, while the lesson has been taught...it probably has not been thoroughly learned. Many people still look for the bottom of the property bear market. They think the bottom will come soon...and that they will be able to profit from another big move up. This is not the sort of thinking you get at the real bottom. It's the sort of thinking you get at false bottoms on the way down. It's the sort of illusion that needs to beaten out of people by successive waves of disappointment.

Here's what will happen. Prices will seem to stabilize. Hopeful speculators will begin to buy property again, counting on capital gains. Then, either property prices will fall again...or go nowhere. Eventually, the illusion will disappear. People will cease looking at houses as anything more than very durable consumer items, which cost money to maintain and never reward their owners with anything more than a roof over their heads and a place to keep their collections of Playboy magazines and Cabbage Patch dolls.

But in top stocks market - and in economics - the illusions of the bubble era have barely been dented. Okay...top stocks to buy were involved in a major fender- bender a few months ago. Investors realized that profits weren't guaranteed...and weren't steady. But they knew that already. That was the lesson of the downturn in 2001-2002. What they took from that earlier experience was that even though stocks go down - and may go down sharply - if you keep your nerve you can still do quite well. We can't remember the figures exactly, but it seems to us that if you had bought at the bottom in '02 and held for the next 5 years you could have almost doubled your money. And if you had been lucky enough to buy Google (we advised against it...) you could have done far better.

So stock market investors know there is some risk. But they still believe that you can make money by buying the dips...even the big dips. This strategy works in a bull market. It is murder in a bear market. In a major bear market, the investor comes back into the market after a dip...only to find himself in a bigger dip later on. He does this a few times and finally realizes that he is the biggest dip of all. Then, when stocks have gotten down to their major lows - at price to earnings ratios of about 5 or 8 - he is fed up. His illusions have all died in the bear traps. He's ready to give up on stocks altogether.

Of course, that was the infamous message of the BusinessWeek cover of August 1982, which proclaimed "The Death of Equities." BW, speaking for the great mass of disillusioned investors, had thrown in the towel.

We are far from there now. No major journal has run an obituary of the stock market. Instead, the question is 'how much further will this rally last?' Some think it is already exhausted. Others think it will last forever. But everyone's thinking about it - and it's not the sort of thinking that happens at a real bottom. At a real bottom, people have given up thinking about stocks. The illusion that stocks always go up over the long term is replaced by a new illusion - that they never go up at all!

But is it in the economic area where the illusions are most intact. Miraculously, or perhaps just stupidly, people still have faith in the economics profession...and in the economists who steer the world's major economies. It doesn't seem to bother them that these are the same people who failed the critical test. When the tsunami approached in the spring of '07...these lookouts didn't see it.

More on this below...but first, take a look at our special report that shows you how you can avoid the stock market all together - but still not take yourself out of the game. Get it here.

Now, some news from The 5 Min. Forecast:

"Despite all the data out this week - new and existing home sales, GDP, jobless claims - only one has given the Street a jolt: Durable goods," writes Ian Mathias in today's issue of The 5 Min. Forecast.

"Orders for items meant to last a few years increased 1.8% from April to May, smashing Wall Street's expected 0.4% growth. Never mind that orders in the first five months of 2009 are down 27% compared to 2008... May's number is another green shoot! Hooray!"

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"'I get figures on 70-odd businesses, a lot of them daily,' said Warren Buffett yesterday. 'Everything that I see about the economy is that we've had no bounce. The financial system was really where the crisis was last September and October, and that's been surmounted and that's enormously important. But in terms of the economy coming back, it takes a while. There were a lot of excesses to be wrung out and that process is still underway and it looks to me like it will be underway for quite a while. In the [Berkshire Hathaway] annual report, I said the economy would be in a shambles this year and probably well beyond. I'm afraid that's true...

"'I had a cataract operation on my left eye about a month ago and I thought maybe now I'll be able to see green shoots. We're not seeing them. Whether it's retailing, manufacturing, wherever. We have a big utility operation. Industrial demand is down like we've never seen it for a simple thing like electricity. So it hasn't happened yet. It will happen. I want to emphasize that. But it hasn't happened yet.'"

Wanna make sure you get The 5 - in its entirety - sent to your inbox, every Monday through Friday? You can...by becoming a subscriber to one of Agora Financial's paid publications, such as Penny Stock Fortunes. Their latest special report details the easiest way to make money in this market - by focusing on stocks most investors overlook. Read all about it here.

And more on the end of illusions:

Not much to say about the markets yesterday. The Dow dropped a few points. Oil held steady at $68. The dollar gained a little on the euro. The 10-year note remained parked where it was. And gold rose almost $8 - to $934.

Our intrepid correspondent Byron King offers his two cents: "The price of gold has also pulled back, from the high $900s to about $930 or so. Silver has pulled back in tandem. I'm not concerned. I'm happy to buy gold and silver cheaper. Long term, gold and silver prices are going higher. Really, where else can they go? Lower? With the current monetary madness that's infecting the world's central bankers?

"Precious metals prices won't fall very far unless governments worldwide stop spending funds they don't have. (OK, China is spending money it DOES have. Everybody else? No way.) Will governments stop spending? Doubtful. So with excess spending, we'll see the accompanying monetary expansion from the central banks. That'll give us more inflation.

"And the only effective defense against inflation is gold and silver."

Get your inflation protection here.

Back to the illusions of the Bubble Epoque...

The public still has faith in economists.

The whole world economy is underwater and the same economists who failed the critical test are manning the pumps. What makes anyone think they know what they are doing? On the surface of it their plan is absurd. Commerce, industry and households drown in a sea of debt; these fellows throw them a bucket of water. Asked to explain themselves, they resort to voodoo economics. "If we give Wall Street a lot of taxpayer money they will feel more like lending to households. That will bring a recovery," they say. "And oh yes, we'll give money to automakers who couldn't make it on their own, too."

The feds are spending trillions - buying up trillions worth of Wall Street's mistakes...bailing out failed banks, insurance firms and even automobile companies...subsidizing borrowers...and realizing their own boondoggle projects.

If Ben Bernanke were a teenaged girl, his name would be written on every public bathroom wall in town.

"Where does the money come from?" we ask.

"Oh...it comes from lenders..." say the fed economists, "and if we don't get enough from lenders, we will print up the rest. The important thing is that business has enough money to keep doing what it is doing."

"Isn't it losing money?"

"Well...yes...but only because people aren't buying enough."

"Aren't they saving rather than buying because they saw what happened the last time you told them they didn't need to save? "

"Well...maybe...but now they are gumming up the economy by sitting on idle capital. We need to put it to use."

"Is that what you call paying bankers' bonuses?"

"Look, if we don't support the banks, they will collapse...and then the whole financial system will come down on our heads."

"But isn't a mismanaged bank supposed to collapse?"

As you can see as well as we can, this conversation is a waste of time. The cornerstone illusion is never even addressed. And people never even question it.

The meddlers claim that their central planning will do a better job of directing the economy than free people will do on their own. Instead of letting honest lenders and borrowers set interest rates, for example, the interveners set them - much lower than they would otherwise probably be (we don't really know...we never get a chance to find out)... Rather than let companies fail in the open market, the feds prop them up. "They're too big to fail," they say. And rather than let people spend their own money according to their own preferences, the feds borrow trillions of it - on the pretext that only Treasury bonds are safe - while simultaneously undermining the value of the dollar through excess debt and excess currency creation.

The illusion is so big we scarcely see it - that an economy...even one involving more than a billion participants, speaking hundreds of different languages in more than a hundred different countries and 24 different time zones...can be successfully 'managed' by a group of mountebanks who missed the biggest financial event in history.

That illusion will take a long time to be crushed. It will be an entertaining show for us...

That is our purpose here at The Daily Reckoning. We point and laugh at the pretensions and illusions around us. For most people, however, the end of the Grand Illusion...that economists can direct the economy better than people can do on their own...will probably be a miserable, frustrating time.

Jun 25, 2009

Next Top Stocks You Should Buy

Almost no one in the mainstream media is talking about it....

Most investors haven't even heard about it...

But our friend and colleague Porter Stansberry is on to something big, and we thought you should know about it.

In as little as 15 days, one of America's biggest corporations is likely to file for Chapter 11 bankruptcy; and in this exclusive report from Stansberry & Associates (S&A) Investment Research, you will find out the name and complete details of the corporation that's about to go bust.
 
Just outside of Philadelphia... in the suburbs of Bucks County, Pennsylvania... lies the township of Bensalem.

There's nothing remarkable about Bensalem, except this small town is home to the Neshaminy Mall � one of the first malls ever constructed in the U.S., back in 1968.

With 120 shops, 3 big department stores, a huge AMC theater, and dozens of eateries, this mall � like more than 1,500 malls across America � employs thousands of local people...

People like Bob Meeks, the owner of a small portrait studio located in the mall. Bob is representative of every small business owner in America operating under corporate ownership.

But what if on April 30th the Neshaminy Mall shut down � overnight?

Imagine if every single store in the mall went dark. Small business owners like Bob... as well as hundreds of ordinary hard-working Americans employed as sales clerks, hair dressers, security guards, waiters, and ushers would be crushed.

Yet, none of these folks has a clue how close they are to living this nightmare scenario right now.

You see, the looming bankruptcy I'm talking about involves one of the biggest organizations in America � the owner of more than 200 malls in 44 states.

About 12 months ago, while combing through Securities and Exchange Commission (SEC) documents, I discovered a suspicious discrepancy in the books of this powerful organization.

Since then, I have spent my spare time... roughly 20 hours per week on average, including weekends... digging deeper into what I now believe will be one of the biggest bankruptcies in U.S. history, involving hundreds of malls and the lives of more than 110,000 people.

Why should you care about this situation?

Put simply, in the past, ordinary Americans have received big payouts for successfully identifying corporate failures. Thanks to a 1938 government ruling, if you make one simple phone call to put out a "warning" in the market about such situations, you could receive large payouts from SEC-regulated funds.

For example...
** Gordon Bishop, a 51-year-old father of 3 from Milwaukee, made a single phone call to "alert" the market about the Enron fraud in 2000-2001. According to public estimates, he received a payout of more than $95,000 for his efforts.
 
He later commented to The Wall Street Journal that his payout came "in outsized amounts..."

** When 49-year-old Dallas native Dave Triplehorn discovered "accounting intrigue" at Tyco International a few years ago, he made a 5-minute phone call to put out a "warning" in the market. Public records show that he got a payout of more than $80,500.

** Dana Liu, a resident of Ithaca, NY, heard about non-transparent accounting practices at Lehman Brothers last year. She picked up the phone to send a "warning" to the market. By September, she collected an estimated $57,000 payout.
The point is, if you "alert" investors about this potential bankruptcy, you could collect thousands of dollars in extra cash this year.

Don't worry, you won't have to call hundreds of people... sign petitions... or join any class-action law suits.

All you have to do is make one 5-minute phone call within the next few days (I'll tell you exactly whom to call and what to say)... and you could receive cash payouts of up to $50,000 this year.

Let me give you the full details...

The powerful mall owner I'm talking about is a company called General Growth Properties.

You may not have heard of this gigantic organization, but you've almost certainly gone shopping in one of their malls across 44 states.

A few months ago, I began scrutinizing the balance sheets, income and cash flow statements, 10-Ks, 10-Qs, 13-Fs, and Form 4 documents filed by this mall owner. Within minutes, I noticed something odd...

In July 2008, a group of bankers transferred $1.5 BILLION in funds to General Growth:
** Then, just two months later, on September 19th... the CFO of General Growth wire transferred $22 million in company funds into his personal bank account.

On September 23rd... he wire transferred another $21 million. On September 25th... an additional $6.7 million.
Why did these transactions seem suspicious to me?

Well, here's the problem: The company as a whole earned just $26 million in 2008. But within the span of one week, this insider transferred about $50 million into his personal bank account. The numbers simply didn't add up.

And he wasn't the only insider with suspicious transactions...
** On August 5th... the President of General Growth wire transferred $18.9 million in cash into his personal account. On September 25th... he transferred an additional $3.2 million.

** On September 17th... another officer in the company transferred $10.2 million in company funds into his personal account. On September 23rd... he transferred $4.3 million.
Something wasn't right: Bankers lent the company $1.5 billion in funds... millions of dollars ended up in the personal accounts of insiders... and less than 2% of that money showed up in the company's bottom line.

The incredible thing is, no one on Wall Street seemed to care. Government regulators didn't notice. And worst of all, thousands of ordinary Americans who depend on jobs provided by the company's malls had no idea what was going on.

But I wasn't the only one who suspected something was wrong.
Mike Sheldon, an asset manager and economic analyst based in Washington, noticed this glaring discrepancy as well. He commented on his well-respected financial forum:

"In 2002 Bernie Ebbers turned $1 billion in WorldCom stock into bankruptcy via margin, greed, and fraud... [The transactions at General Growth] triggered a memory of WorldCom."

An Associated Press financial journalist "cautioned" that this situation is "likely to become the next economic crisis"; ABC News quoted an industry insider saying, "We've just never seen anything as bad as this."

And Ashley Heher, a retail industry expert, publicly wrote that the events at this powerful mall owner could start "a domino effect that could ultimately cause some of the nation's favorite hangouts to go dark."

You see, the suspicious events at General Growth boil down to one simple thing: A crushing mountain of debt.

Company insiders � the perpetrators of this looming bankruptcy � were simply borrowing billions of dollars from banks every year... and wire transferring millions into their own accounts.

For example, in 2007, they borrowed $2.5 BILLION. In 2006, they borrowed $2.85 BILLION.

The company had no hope of EVER repaying this debt... considering that their profits for an entire year barely covered even 2% of the interest on this debt.

Think about that... It's like borrowing $2 million to buy a house, even if you only earn $40,000 in income after taxes! It's completely unsustainable... a recipe for total disaster...

But the bankers continued lending General Growth and its executives money, because... guess what... they got huge fees simply for making big loans.

For example, a recent Bloomberg article on commercial property developers revealed that "many of the loans... earned the bank millions of dollars in fees." Bankers could earn as much as "$7.74 million in fees from [one] loan alone..."

And at the end of the day, General Growth's clever accountants used ingenious techniques to make all their debt look like real assets.

Bottom line: I'm not sure of too many things in the financial world right now, but I'm VERY sure that this company is about to go bankrupt.

The sad part is, the perpetrators of this bankruptcy are most likely going to walk away from it with millions in the bank. Meanwhile, shareholders and hardworking folks at hundreds of malls around the country would be ruined.
Worst of all, it's all going to happen a lot sooner than people think. The entire debt scheme will begin to unravel in a big way on or about April 30th.

Why this date?

Quite simply, the banks are collapsing. And they want their money back. General Growth has a $200 million loan due on April 30th... and it has no hope of meeting this payment deadline.

I suspect that's the breaking point. But the truth is, General Growth could go belly up at any moment. The company couldn't repay a $395 million loan that was due on March 16, and it has $4 billion due in total this year.

In fact, state courts have already seized 4 of General Growth's malls: two in Texas, one in Louisiana, and one in California.

I expect General Growth to declare bankruptcy on or around April 30th. But even if it survives that deadline, it can't avoid the hangman's gallows forever...

"We do not have sufficient liquidity to pay these debts as they become due," the company admitted in fine print... buried in its 166-page SEC filing.
 
Here's what this means for you: If you make one simple phone call within the next few days... you could be eligible to receive payouts of up to $50,000 this year.
Let me show you how this is possible...
 
Gov't-monitored "Investor Alert System" could pay you $50,000

Nobody is talking about this mall crisis right now. The mainstream press is too caught up in the Obama "stimulus plan"... real estate troubles... and the collapsing financial system.

But when thousands of Americans across the country begin losing their jobs OVERNIGHT � I can just about guarantee this story will be front-page news on every major paper in America.

In fact, it's precisely for situations like these that the U.S. government set up what I refer to as an "Investor Alert System" back in 1938, just 4 years after the SEC was formed.

Simply put, they created a mechanism through which ordinary American citizens could be rewarded for keeping tabs on private corporations.

Here's how it works:

The "Investor Alert System" ensures that you can study the books of any publicly-listed corporation. If you find any discrepancies, all you have to do is make one simple phone call.

The phone call enters you into a special trade (it has nothing to do with options or any other complicated investment strategy) that sends a signal to the market indicating something is wrong with the corporation.

Then, as soon as other investors recognize the discrepancies or outright fraud in a corporation's books...you receive a large payout from SEC-regulated funds as a reward for your efforts.

In this way, the markets are constantly patrolled by private citizens like you and me.

As The New York Times said, these private vigilantes "play an important role in the market, acting as contrarian voices amid all the Wall Street puffery, and serving as early warning signals for investors."

Over the years, thousands of ordinary Americans have made generous profits by identifying corporate failures and entering into this special trade to "warn" others about it. For example...
** Drug fraud: $66,000 payout
Manny Rodriguez, a Cuban refugee who grew up in Brooklyn, made a sizeable profit for "alerting" the market about a Philadelphia-based pharmaceutical company that was allegedly developing a fraudulent drug. According to publicly available data, his payout was more than $66,000.

** Fannie Mae: $53,500 payout
Annabelle Ross, a 66-year-old retiree from Demopolis, Alabama, collected an estimated $53,500 last year for entering a special trade to "warn" the market about the bankruptcy of government-backed mortgage giant Fannie Mae.

** Subprime lenders: $29,000 payout
In 2007, dozens of folks including Brian Bash from Fort Mill, SC, got large payouts for putting out a "warning" in the market about subprime lenders like NovaStar Financial and New Century Financial. Public records show that they each received $29,000 or more for their efforts.
So, how exactly can you enter into this special trade to "alert" people about the looming bankruptcy of General Growth Properties � the powerful mall owner I've been telling you about?

Well, before I answer that, there is one thing you need to know...

Entering into this special trade can be extremely profitable. But I knew early on in my investigation that I could get in big trouble for predicting the bankruptcy of a large corporation � if I turned out to be wrong. I needed solid evidence to prove my case.

And that's exactly what I set out to find.

One of the first things I did to make sure I was on the right track was arrange a meeting with one of my most powerful contacts in the world...
 
What I learned at a high-security meeting in New York City

This man is a former partner of legendary investor George Soros... and happens to be one of the savviest and wealthiest men in the world.

I set up an appointment with him at the Intercontinental on Lexington Avenue in New York City. At the hotel, security was tight. All the doors were sealed, covered by police and tall, silent men wearing long coats and sunglasses.

After about 20 minutes, my friend appeared. Despite his immense wealth, he is as humble and friendly as your favorite grandfather. He never mentioned the security. We caught up on the usual stuff � kids, families, investments.

Then, he pulled out a notebook with detailed charts and numbers � with a full analysis of almost every large mall owner in the country.
I was shocked. My friend, who is 10 TIMES more experienced than I am, had found a way to collect large payouts... not just from General Growth... but almost every large mall owner in America.

You see, there are about half a dozen large organizations that own almost all the malls in America... and all of them are running the same unsustainable debt scheme.
As my friend explained, General Growth is simply one of the largest and most heavily indebted mall owners. But when it collapses � as early as April 30th � the rest will likely fall apart like a house of cards... as investors realize that none of the other big mall owners can repay their debts either:
** California-based mall owner: These guys own around 100 regional and community shopping centers. But they owe more than $6 BILLION to bankers, and can barely cover even half the interest payments on this debt. Yet, insiders have been paying themselves millions of dollars every year.

** Indiana-based mall owner: They own 320 malls and shopping centers across 41 states, but owe more than $18 BILLION to bankers. These guys can also barely cover half the interest on their debt every year. But incredibly, one insider wire transferred $25 million into his bank account last September � during the worst week in recent stock market history.

** Michigan-based mall owner: These guys own shopping centers in 11 states. They owe $3 BILLION to bankers. But get this... they can't pay any interest on it � because they made a $80 million loss last year.

** Ohio-based mall owner: This company owns 460 shopping centers. They owe $6 BILLION to bankers... and also have no hope of every repaying it, considering they made a $100 million loss last year. But once again, insiders recently wire transferred more than $25 million into their personal accounts within the span of one week.
The point is, it's apparent to me that these mall owners will begin to collapse as soon as General Growth Properties declares bankruptcy.

Signaling investors about General Growth could make you a few thousand dollars as early as April 30th. But you could collect a lot more money if you send out an "alert" about every one of these 5 mall owners...

A $5,000 stake in each of these 5 trades could make you $25,000 in profits. Start with $10,000 in each, and you could collect payouts of up to $50,000 this year.

But just to be certain of our analysis, my powerful friend agreed to travel with me to Hong Kong in order to meet one of the world's foremost commercial property experts. (A few weeks later, we met with this expert at the Four Seasons in central Hong Kong... to corroborate our numbers and make our case even stronger.)

Like I said, predicting corporate bankruptcies is serious business. I had to be dead certain I was right.And now, after finishing my 12-month investigation, I've never been more certain of anything in my life.

So, here's how you can take advantage of this situation... and safely collect up to $50,000 in payouts this year.

To help you understand this situation more thoroughly, I've put together a report that explains � step by step � exactly how to collect the money... what to tell your broker... and when to expect your payouts.

The report is called: America's Next Big Bankruptcy.

And I'd like to give you immediate access to this report, absolutely FREE...
 
"I bagged a quick $20,000..."

My name, by the way, is Porter Stansberry.

For the past decade, I've been running an independent financial research firm called Stansberry & Associates Investment Research. We work out of a restored 18th-century railroad baron's mansion in the historic Mt. Vernon district of Baltimore, Maryland.

I started this business in 1999 with a small savings stake and the help of 3 good friends. Today, we're one of the biggest financial publishing firms in the country, with over 2 dozen analysts and researchers... and loyal readers in over 130 countries.

Our analysts are regularly profiled and quoted in media outlets like Barron's, MarketWatch, and FOX Business News. One of the reasons I believe we've done so well is that we've been consistently right about what's going on in the markets.

Take the recent global financial crisis, for example...

Back in February 2007, I warned my readers that the stock market could collapse soon... and I told them exactly how to prepare for it:
"I think we're close to an important top in equity prices... It's important to know that we might be entering a period of poor stock returns. For long-term investors, I think it makes sense to buy a little insurance. You can do this by buying a put option on a broad index of stocks."
Since then, the markets have plummeted more than 50%. But some of our readers have made a killing buying put options (betting on the collapse of stocks).

Like a fellow named Chris Landing from Ft. Lauderdale who sent us this note:"Amazing. Bought the July 20 puts... Now looking at a 1,500%-2,000% return in four weeks. That's a killing! Porter, I owe ya!"

Another reader, Mike Suazo, told us: "Did I make money last month? Yeah, I made a ton of money, and it was on a single trade. I listened to what you had to say, Porter... I was stopped out after four days for a 525% gain! I'm ecstatic."

One of the strategies we focus on in my monthly research service, Porter Stansberry's Investment Advisory, is taking advantage of the government-monitored "Investor Alert System."

Every month, we identify publicly-listed enterprises that are surefire failures... These companies have taken on so much debt, their profits aren't enough to cover even a small fraction of the interest payments every year.
Imagine someone who maxes out his Visa card... but doesn't earn enough to cover even 1% of the minimum payment every month...

That's the same situation these companies are in. Company insiders took on billions of dollars in debt knowing full well they'd never be able to pay it back. When times were good, their deceit didn't matter. Their businesses were growing. But as soon as the credit markets froze, these debt payments became a noose around their necks.

The shareholders of these heavily indebted companies will surely get wiped out...

But in the mean time, I've been advising my readers to enter into a special trade to send out an "alert" in the market... and collect large payouts from SEC-regulated funds.

We've had great success with this strategy so far...

** For example, in June 2008, I predicted: "Fannie Mae and Freddie Mac, the two largest and most leveraged owners of U.S. mortgages are sure to go bankrupt in the next 12 months."

I knew their debt levels were unsustainable in the current market. Sure enough, 3 months later, both enterprises essentially went bankrupt and had to be bailed out by the government.

I encouraged my readers to take advantage of the "Investor Alert System"... A fellow named Steve Caufield from Indiana wrote in to say: "I bagged a quick $20,000... One helluva call."

** Another reader, Martin Tolker, collected a payout of $200,000. He followed my advice about a highly leveraged company called SL Green. It took him less than 5-minutes to call his broker and enter into the special trade.

** Last September, I also predicted that Gannett Co. � the publisher of USA Today and other papers � was going bankrupt for similar reasons. Several readers, like Hiroshi Takari, took my advice and more than DOUBLED their money. "Great call on Gannett," Takari later wrote.

My newest investigative report involves General Growth Properties and 4 of the biggest mall owners in the country. These mall owners are almost certainly about to collapse � starting as early as April 30th.

But there's a simple and easy way you can help "warn" investors about this major bankruptcy... and collect a large reward for your efforts.

All you have to do is make one simple phone call to your broker.

But I must caution you: If you're not comfortable bringing negligent companies and corporate executives to justice, then this opportunity is not for you.

In other words, the "Investor Alert System" is not for passive people who simply like to buy and hold securities.

If you're interested in collecting payouts of up to $50,000 this year, I'd like to give you immediate access to my in-depth research report on this situation: America's Next Big Bankruptcy.

This will be the first thing I send you when you give my monthly research letter, Porter Stansberry Investment Advisory, a no-obligation look.

Is my research and investment philosophy the right fit for your needs?

Well, to be honest, I don't know. The only way you'll know for sure is if you give it a try. And the best I can do is to let you see my research at absolutely no risk or expense to you.

To help you decide, there's one more resource I'd like to give you, my compliments...
 
Collect $500 gov't-backed dividend checks every 3 months

I'm sure you've heard that big corporations have been slashing their dividend payments lately because of the economy.

For example, Wells Fargo recently cut its dividend... as did BMW, GE, NY Times, and Pfizer.

But there's one unique enterprise that has actually DOUBLED its dividend payments in 2008. 

It's one of the safest, most profitable businesses in the world... And there's a simple reason for this: The assets this enterprise owns are 100% guaranteed by the U.S. government, thanks to an act of Congress and Public Law 110-289.

In other words, this organization is subject to very little stock market risk.
They have continued paying dividends � without fail � every 3 months since 1998. Recently, as the rest of the market is trying to downsize and cut costs, they've started paying out more money to shareholders than ever before. And as the economic recession continues, they will likely continue to pay out more and more money.

Currently, for every 500 shares you own, you're set to receive a $250 check every 3 months. With 1,000 shares, you're likely to get a steady $500 check in the mail � every March, June, September, and December.

Even The Wall Street Journal noted in wonder: "The dividends [they] pay out... have risen in recent months."

Ben Holmes, publisher of the research site Morningnotes.com, is astonished: "They're raising staggering amounts of cash."

The best part is, this organization is listed on the New York Stock Exchange. It's as easy to buy as any regular security.

But keep in mind, nothing about their business model is ordinary. They don't have any products; they don't offer any services. They simply own assets that are backed by the U.S. government. (And I'm not talking about U.S. treasury bills either.)

Let me put this opportunity in the strongest possible language: If you don't own shares in this organization, you're missing out on the easiest and safest moneymaking opportunity in the world.

If you're interested in taking a 12-month trial subscription to Porter Stansberry's Investment Advisory, I'd like to give you complimentary access to my special report detailing this incredible opportunity. It's called: Government-Backed Dividends.

You'll get this special report in addition to America's Next Big Bankruptcy, which reveals a way to collect $50,000 payouts this year as America's biggest mall owners collapse.

To help you understand my investment philosophy, let me tell you a little bit more about my research service...
 
Why Barron's profiled us in a front-page story

Unlike typical Wall Street firms, we don't publish our research to attract big banking business... or cash in on advertising deals with the companies we recommend.

The only way we stay in business is by offering you our best investment ideas � which could safely make you a lot of money.

In fact, one of these ideas recently got us profiled on the front page of Barron's.

My work on Fannie Mae and Freddie Mac was considered so spot on that financial reporter Alan Abelson wrote about Stansberry & Associates in his popular "Up and Down Wall Street" column a few months ago. He called my analysis "remarkably prescient... Nothing, as far we can see, has happened to contradict his dire prophecy."

Typically, every month, I focus on 3 types of moneymaking opportunities in my Investment Advisory:

1) Special trades involving major corporate failures (like the impending collapse of the mall owners I've been telling you about)...

2) 'No Risk' plays that can make you safe, steady profits (like the government-backed dividend opportunity I mentioned)...

3) 'Next Boom' plays that have the potential to skyrocket 100%... 200%... 500% or more in a short period of time, regardless of what's happening in the rest of the markets.

For example, in 2003 and 2004, I recommended a small company called Elan, which had developed what promised to be two of the best-selling prescription drugs of the next decade. Some of my readers saw gains as high as 800% after I wrote about it.
I was also one of the first analysts to recognize the potential of new fiber optic technologies. I recommended JDS Uniphase, the leading manufacturer of high bandwidth technologies... and my readers had the chance to see gains upwards of 592% in less than two years.

Of course, anyone can cherry pick a few winners. What matters is how consistently you've been able to make outsized gains.

As I write this (March 2009), there are 18 recommendations in my model portfolio.

The largest gain is 142%. The average gain on all 18 plays is 25%. That's pretty incredible when you think about it. I don't know of another analyst who's AVERAGING 25% gains in the market we're in right now.

But what I'm most proud of is how this research has helped our readers. Here are just a handful out of hundreds of letters we've received recently...
'Thanks from a great-grandfather'
"I was really 'down' with the market and feeling a bit blue since I am supporting two grand kids through college. Then you burst out with [this opportunity]... it went through the roof in one day... I believe the kids education is now secure. Thanks from a grandfather and a great-grandfather."
                            ~ Buzz Albright, 85, Grand Junction, CO
'Up 300% in two months'
"Porter is becoming a sort of prophet on my trading desk... I'm up almost 300% in two months! What a call..."
                            ~ John R., Madison, WI
'My portfolio has tripled'
"I have traded stocks for 27 years. I opened my first brokerage account when I was 18. I am very thrilled with what you have done for my net worth. My portfolio has roughly tripled after going with Porter's picks. Thank you."
                            ~ Brian Bartram, Winter Park, FL
'Up an incredible 129%'
"Porter, I just want to thank you for your recent advice... To date (7-7-08) I am up an incredible 129% and still going. Thanks Much!!!"
                            ~ Liz Buchanan
 
The point is, I believe the research my colleagues and I produce is better than 99% of the investment advice out there. But I understand that it's not for everyone. That's why I'd like you to decide for yourself if it's right for you.

Take a 12-month trial subscription to my Investment Advisory today... Keep the two FREE special reports I mentioned... Browse through my entire archive of research. You'll have the next six (6) months to decide if my work is right for you.

If you decide it's not for you for any reason within the first 6 months, contact my office. I'll make sure you get a full refund, for every penny you've paid.

So, how much does one full year of my research cost?

Well, private portfolio managers and hedge funds often charge upwards of $10,000 a year for their services. On top of that, these guys insist on taking a 20% cut out of any profits you make. (No wonder many of them are going bust now...)

My Investment Advisory doesn't cost nearly as much... And the truth is, we've probably outperformed 90% of these 'professional' money managers.

But before I get into the details, there's one more thing I'd like to give you if you decide to join our group...
 
A chance to see 10-fold gains, thanks to 'cap and trade'

Everyone knows certain sectors of the market will make huge gains, thanks to the Obama administration's new economic agenda... regardless of whether you agree with it or not.

The most touted sectors are infrastructure and renewable energy. But almost no one is talking about one sector � and one stock in particular � that Obama's plans will likely send skyrocketing.

You see, as part of his plans to curb 'global warming,' the President and his advisors have decided to institute a 'cap and trade system' that will essentially impose a huge tax on coal. Now, coal as you know is what America uses to produce cheap electricity. A logical consequence of this tax is that electricity prices will increase.

While this situation is bad for coal producers, there's one company that's poised to generate windfall profits thanks to an increase in electricity prices. (Hint: It has nothing to do with wind, solar, or any other bogus energy.)

In fact, already... despite a weakening economy... this company's revenues grew 25% in 2008. And over the coming years, it's one of the few resource stocks that's set to soar.

There are no sure things in this market right now... but this has to be one of the best, safest opportunities I've ever seen in my career.
 
This stock could easily show you 10-fold gains... the first such opportunity I've seen since I recommended JDS Uniphase, a high-tech stock that offered my readers as much as 1,000% gains.

I've detailed this situation in a new special report called: How 'Cap and Trade' Could Make You 10-Times Your Money. And I'd like you to have it, at no additional cost.

Just let me know you're interested, and I'll give you immediate access (within the next 15 minutes) to this report... as well as all the other reports I've mentioned.

So, here's everything you'll receive with your subscription:
12 Issues of Porter Stansberry's Investment Advisory: On the first Friday of every month, I'll share with you what I think is the best moneymaking opportunity in the world right now. You'll receive immediate advice... with full details on how to execute the play. I'll also keep you updated on each open recommendation... with precise instructions on when to BUY, HOLD, and SELL.
 
You'll get access to the following 3 research reports, absolutely free:
Research Report: America's Next Big Bankruptcy
Research Report: How 'Cap and Trade' Could Make You 10-Times Your Money
 
Every weekday, you'll also get a subscribers-only e-letter called The S&A Digest. The Digest essentially brings you into the S&A family. You'll know what my colleagues and I are working on... what we're reading... where we're traveling... details on what we believe are the best investments in the world... and much more. I also personally answer subscriber feedback 3 days a week.

By the way, my Investment Advisory costs just $99 for one year of research.

You'll have the next 6 months to have a closer look at our business... and my research in particular. Take your time deciding if it's the right fit for you.

If you're unhappy for any reason, just let us know within 6 months of subscribing. You'll get a 100% refund. No questions asked.

However, I suspect you'll be more than satisfied with the quality of research you'll receive � and for so little money. Take a look at what other readers have said in the past:
'Best stock newsletter'
"I have been investing since the 1960s... along the way I have subscribed to dozens of newsletters... most were a waste of time. Let me say I am totally delighted with your newsletter. I will go further and say it is absolutely the best stock newsletter I have ever subscribed to. Keep up the great work."
                       ~ Dr. Alfred Milano, Washington, D.C.
'Made 400% in 30 days'
"Porter, I bought [into this situation] after reading your analysis. Sold one third of the position after I made 400% in 30 days!!! Riding the rest. Man, you made my summer."
                       ~ Ivan Roderick
'Mandatory reading for anyone in Washington'
"Your investment ideas and commentary should be mandatory reading for anyone in Washington involved with the current debacle, as well as the morons on Wall Street whose overleveraged house of cards has now collapsed. Thanks for all you do for us."
                      ~ Bernard Torbin
'I have netted $134,000'
"I entrusted my rather small retirement money with a financial planner who ended up losing me $10,000. So, I subscribed to your letter and with your recommendations, I have netted $134,000. I wish to thank you very much for an outstanding newsletter."
                            ~ Louis Charles, Chula Vista, CA
 
As I mentioned, one full year of my research costs just $99. That's about $8 a month.

It would cost you more than that to get just one hour with a financial planner. And I believe the gains you could see from just one of the ideas I've mentioned in this letter could easily pay for your subscription � many times over.

But don't take my word for it. I encourage you to give my Investment Advisory a risk-free try and judge the results for yourself.
 

30-Day Retirement Plan Pensions B

If you chose to retire just 30 days from right now, how much money would you need?

$5 million? 

$15 million?

Or maybe just $1 million?

Whatever your answer is, I'll show you how you could get there.

Imagine reaching your retirement money goal in as little as one month. Starting with just $500.

That's right. I'll show you below how in only 30 days ― you could have retired rich by any measure you can imagine.

Heck, you could have even started with $250, instead of $500.

It might have just meant you ended up with $4 million, instead of $8 million. Or $6.5 million, instead of $13 million.

It doesn't matter how much money you need to retire. You can get there in less time than you ever imagined with "Flash Action" market moves.

And it's very easy to pull off.

Unbelievable wealth could be yours with a simple, yet unknown investment strategy that's not much different than buying common, big-name stocks.

I'll explain exactly how it works in a few moments. For now, I assure you this:

What I'm about to show you is 100% legal. It's safe. It's cheap.

And it's easy.

You need only three small things to get started.

Three Simple Steps to a "30-Day Retirement"

First, you need a tiny amount of cash

Second, you need a bit of knowledge ― which is what I will share with you today

Third, you need excellent timing ― and a fair amount of luck.

First, I should warn you that what I'm about to show you is not for everyone. No one can predict the future, and every string of success ends with a loser. So there is significant risk involved, but the potential for profits is limitless. And I would never recommend rolling all money invested from one play to another ― as you'll see in just a moment.

The best thing is to take out part of your winnings as you go and continue with only some of the profits. That way, you keep most of your gains safe and play with the rest.

To show you how this could be possible, here's a recent example of how $500 could have turned into millions in under one month...

How 3 Simple "Flash Action" Moves Could Have Funded the "30-Day Retirement Plan"

When the markets opened Friday, Sept. 5, 2008, just $500 would've bought you 2,500 shares of Paradigm.

At the open, Paradigm traded at 20 cents per share.

By 11:22 a.m. that morning, Paradigm traded at 70 cents per share.

Had you sold at 70 cents ― you would've been sitting on a 250% gain before lunchtime.

That 250% turned your $500 into $1,750...that's $875 per hour!

Not a bad two hours, right?

You make one easy move in the morning, and then sell before lunch and grab $1,750 in profits!

It's the first "flash action" step to turning $500 into millions.

Yes, this is real ― and in just two more stock moves, I'll show you how you could've turned $500 into millions with the "30-Day Retirement Plan"!

"30-Day Retirement Plan" Step 2

On Thursday morning, Sept. 11, 2008, let's say you put your $1,750 in gains from Friday back into the market.

Concord Ventures had such a great morning that it could've turned your $1,750 into $175,000. All by 12:27 p.m.

That's a gain of 9,900%!


Just like with Paradigm, the move with Concord Ventures started first thing in the morning and ended by lunchtime.

And in just two simple market moves, $500 could've turned into $175,000 ― in less than a week.

Now, I know what you're thinking ― $175,000 is great, but it's not millions.

But just wait until you see what happens in step three of this amazing "flash action" path to easy riches!

Success! Here's How $500 Explodes Into MILLIONS for the "30-Day Retirement Plan". . .

On Friday, Sept. 12, 2008, shares of Abviva rose an astounding 7,900%.

If you got in and out at the right time, the $175,000 from your earlier "30-Day Retirement" play could've exploded into $14,000,000.

Here's how this recent "30-Day Retirement Plan" worked...

PDGO on Friday, Sept. 5

CCVR on Thursday, the 11th

And ABVV on Friday, the 12th.

Yes, with timing and the right moves, it is possible to turn just $500 into millions.

In this example, all the action took place in one week with three simple "flash action" moves.

A week could change your life forever.

What Would You Do With $14 Million?

Maybe you'd quit your job and retire right away.

Or maybe you'd keep working.

You could do whatever you wanted.

Buy a house. Or pay off your current home.

Buy a fancy car. Or three. Or seven.

Travel the world. Dine in all the best restaurants.

After you were done with all that, you could even give money to family members in need ― or to your favorite charities.

Sock away a ton of money for retirement or unforeseen future medical expenses.

It would be completely up to you. Because with a huge influx of cash would come something even more valuable.

Freedom.

Freedom from worry about what might happen tomorrow or next year. Freedom from ever running out of money. Freedom from whatever shackled you to a lifestyle you might not like.

Freedom to do exactly what you want, whenever you wanted to.

Now imagine the chance to start putting all your grandest plans, all your biggest dreams, into motion beginning with as little as just $500.

Moves like these can happen. They have happened.

They'll happen again. The question is ― will this happen to you?

I've already shown how just three of what I call "flash action" market moves could change your life.

But I'm just getting started! Here are some more examples... 

You really don't even need $500 to become rich with these amazing little stocks.

Heck, you could start with just $250 if you wanted to.

The key is you have to look in the right place.

Now, the gains I'm showing you don't come from the NYSE or the Nasdaq.

But that doesn't mean you have to miss out on the profit potential of these "flash action" gainers!

In about five minutes, you could get started working toward your own version of the "30-Day Retirement"!

Yep, just $250 could start you on the path to retirement riches. Simply, legally and very, very quickly.

Here's what I mean.

Your Investment of $250 Plus One Move = The "30-Day Retirement Plan" Pays You $21,871 in Just 4 Hours

On Thursday, Sept. 4, 2008, Genesis Pharma went from 24 cents per share all the way up to $21 by 1:24 p.m.

Had you grabbed shares at the open, just $500 would've bought 2,083 shares of GNPH.

At $21 per share on Thursday afternoon ― you would've been sitting on $43,243 in total profits.

This is less than 24 hours ― heck, it's less than half a work day, and over $21,600 in easy possible "flash action" profits with just $250 to start!

Gains like this one happen every single day. But you have to look in the right place.

As I mentioned earlier, you'll never find these gains on the big exchanges.

The reason gains like GNPH go missed day after day might make you scratch your head.

See, most stock watchers would rather put money in blue chip stocks and hope for small gains year over year that barely beat inflation.

These people are working on a 50-year retirement plan.

Good for them. History has shown it works.

But those people are losing out big-time!

Because they're missing all the best gains ― quick, aggressive gains that are right under their nose every single trading day.

And once you start grabbing these hidden gains, you could be well on your way to "30-Day Retirement."

Which would you choose? In as little as 30 days, "flash action" stocks like the ones I'm showing you could put you on easy street for the rest of your life.

You can forget waiting. Hoping. Trying to beat inflation.

Because the smallest, most hidden stocks out there can also be the most lucrative.

Here's why...

"Flash Action" Stocks = "30-Day Retirement" Stocks

All the amazing "flash action" gains you've seen so far come from Bulletin Board stocks.

They're the smallest of the small.

They're even smaller than your normal penny stock.

That's TINY.

But some of the companies trading on the Bulletin Board listing services are the Microsofts, IBMs, Intels and Amgens of tomorrow.

Bulletin Board stocks are the household-name stocks of the next decade.

These are the kinds of stocks that could fund an entire retirement in just 30 days. Stocks that can make an incredible $10,000 or more per hour.

And you can begin chasing your own "30-Day Retirement" with these tiny stocks today.

To get you started, I want you to accept an exclusive "flash action" trading alert I'm set to send right to you.

Inside, I'll tell you the name of my latest "30-Day Retirement Plan" target.

You need this alert so you can start on the road to "flash action" profits as soon as the markets open tomorrow.

I'll tell you all about this e-mail alert in just a minute.

But before I jump into how I hunt for huge gains from these small stocks, there are a few things I need to point out.

Bulletin Board stocks sometimes trade only a few thousand shares per day.

Big companies like Microsoft, for example, trade around 84 million shares per day.

And Intel usually trades around 70 million shares per day.

All that trading and all those available shares mean share prices really don't move very much in a given day.

But a ton of activity in a tiny stock can sometimes send the share price jumping all over the place ― up and down. That's why...

I will teach you exactly how to safely build and monitor positions in "flash action" stocks.


You also need to sort out which companies are real and which ones are lame and empty.

You need to dig around. Find out all there is to know. Get the inside scoop on profit margins, costs and growth.

This is exactly what I do. I scour the Bulletin Boards for potential "flash action" companies ― the strong, solid, growing companies. I'll even give you all my information on some of the best Bulletin Board stocks today

I'll tell you exactly what potential "flash action" shares I think you should buy, when and for how much. And when the time comes, I'll tell you exactly when to sell...

Using my recommendations, you could profit from "flash action" moves

Simply agree to receive my next alert and you'll be ready to hit the ground running the next morning when the markets open!

I break these potential "flash action" stocks down to their atoms, show you how they work and how you could potentially make them pay for your own "30-Day Retirement."

Along the way, you could make huge amounts of easy money, sometimes overnight.

You've probably already figured it out ― but that's why I call these amazing little stocks "flash action" movers.

Before you know it, just a tiny bit of cash could jump up to hundreds of thousands, even millions of dollars!

Sometimes, huge "flash action" gains pile up in the markets one day to the next!

For example, here's an even FASTER "flash action" bonanza that occurred in the markets recently...

Turn $500 Into $336,500 in 2 Days ― Faster "Flash Action" Gains!

On the morning of Sept. 15, 2008, shares of China Biopharma rose an astounding 9,900% ― in just three hours!

That's enough to turn $500 into $50,000!

Then ― the next day ― First Quantum Ventures shot up 573%.

That's enough to have turned $50,000 into $336,500!

Imagine that... Starting with just $500 one morning and sitting on up to $336,500 the next afternoon!

That's FAST "flash action" market moves at work.

See how easy it could be to fund your entire retirement off just 30 days of playing the right "flash action" market moves at the right time?

These moves happen all the time. Every day!

So are you ready to start grabbing your share of these incredible gains?

It's so cheap to get started, as I've shown, that it's a shame everyone who ever bought a share of stock isn't grabbing these impressive "flash action" movers!

That begs the question...so why isn't everyone doing this?

It all boils down to Home runs versus strikeouts.

Here's what I mean...

"Flash Action" Home Runs Are So Massive, They Easily Make up for the Strikeouts

Famous baseball star Hank Aaron hit 755 home runs during his illustrious 23-year career.

But do you know how many times he struck out? 1,383 times.

That's almost two strikeouts for every single home run.

For every major success, he averaged two failures.

And that's pretty much how the stocks I'm writing about to you today work too.

You should expect some strikeouts. The best investors expect them.

This means you should never put money down on these impressive little stocks that you need to pay the mortgage or keep the lights on.

I'm not trying to steal my own thunder here ― I'm simply talking reality.

But when just $500 could start you on the path to incredible wealth, the risk is limited.

And the home runs could more than make up for the strikeouts. Many, many times over.

Yes, it's true that you need precisely targeted moves to take advantage of the right three "flash action" moves to make millions.

And it's also true that amazing timing is a factor too.

It's my job to alert you to the best "flash action" opportunities ― exactly the ones that could put you on your way to your own "30-Day Retirement."

See, even with all the caveats about "flash action" stocks taken into account, I cannot ignore the fact that there's money out there ― money literally floating around the markets each day ― that with the right information and a little determination you could grab and use to fund your dreams ― maybe even use to fund a $10,000 per hour 30-Day Retirement!

Simply agree to receive my next alert, and you could start making some serious gains...FAST!

How much you could make is really up to you.

Because "30-Day Retirement" money is there for the taking!

You just have to know how to grab it!

Here's another example of the kind of money I'm talking about ― and this one's the fastest gain yet!

So far, I've shown you how a savvy investor could have made $14,000,000 in a week. Then I showed how an investor could have made $336,500 in two days!

If you thought those gains were great ― this one will knock you out! It's just another example of HUGE cash that can be made from hidden, "flash action" moves in the market.

1,400% Gain in 30 Minutes ― Lightning Quick "Flash Action" Profit

By 10:00 a.m. Thursday, Sept. 18, 2008 ― shares of USR Technology Inc. had risen 1,400% since the 9:30 open.

1,400% in half an hour ― easy as pie.

That's $500 into $7,500 all before mid-morning coffee time.


It's safe. It's easy. It's cheap.

All you need is the right stocks at the right time.

And I'll tell you how to start today.

But before I tell you how to get my next alert and start your own "flash action" gains, I should introduce myself.

54,900 Members Read My Profit Alerts ― But Here's Why They Can't Act On What I'm Offering Today

My name is Greg Guenthner.

I began my career years ago as a government reporter.

After years of traveling the east coast of the U.S. and spending time in dozens of newsrooms, I started to read the investment classics.

I quickly learned that I had a real knack for picking winning stock ideas.

It wasn't long before I ended up working for a respected financial publishing firm in downtown Baltimore, Maryland.

Today, I lead the revolutionary small stocks newsletter, Penny Stock Fortunes.

With over 54,900 monthly readers, I've pointed the way to gains like 45% in just one day and 100% in just a few months so far in 2008.

Now I don't mean to brag, I'm just telling you so you know I know what I'm doing.

I also know you're probably a market-watcher who demands gains even bigger than the comparatively small profits possible with penny stocks ― even though they can sometimes rise 250% or more in days.

I know there are people out there who want to swing for the fences.

I know you exist. I know what you want.

And for too long, because I have so many readers, I had to let the "flash action" stock ideas that cross my desk slip away.

Like I mentioned before, these tiny "flash action" stocks sometimes trade very few shares per day.

If I released a "flash action" stock ticker to my 54,900 readers ― the stock could go nuts. All heck could break loose. The price might even go up artificially.

And that's no good. Still, I couldn't possibly let lucrative "30-Day Retirement Plan" ideas get away.

So I recently started an elite, for-serious-readers-only letter called Bulletin Board Elite.

So far in 2008, Bulletin Board Elite Has Returned Gains of...

100% in just four months

And 45% in just ONE DAY

And as of Dec. 10, Open Positions Include...

243% gains on an alternative energy company in a little over three months

Now, those gains aren't bad. I'm proud of them ― especially in our current market environment.

But these in-the-books gains pale in comparison to the "30-Day Retirement" opportunities I'm ready to release to you.

I want you to receive my latest alert.

In fact, you simply MUST HAVE IT to start building your own "flash action" wealth.

I'll even show you an example of how my alerts work...so you can charge right into your own "flash action" plays with all the ammunition you need.

The Countdown to My Next Flash Action Alert ― Your First Step in the "30-Day Retirement Plan"

As soon as you sign up for Bulletin Board Elite you'll receive an urgent "flash action" trading alert straight from my desk.

It'll look very similar to this ― a recent alert ― which out of fairness to current subscribers, I have cut down to not reveal the name of the recommended company.

It's that simple. I send you the e-mail and lay out my case. You use the information I send you to decide whether to get in on the play ― and possibly begin your own version of the "30-Day Retirement Plan."

Starting first thing tomorrow, you could have the power at your fingertips to begin your own "flash action" chain of staggering gains.

Remember, this is exactly the system of research and analysis that's so far this year led to 45% gains in one day and 100% gains in only a few months.

And what I'm offering you today could blow the doors off anything I've released so far this year...

Remember too: I tell you what the best current play is, and why, in every alert.

I keep you up to date. If a recommendation changes, I tell you.

If it's time to sell and cash out gains, I tell you.

Bulletin Board Elite is like a friendly guide to your own "30-Day Retirement Plan."

I show you the way to gains. Simply. Honestly. So you can make your own decision and get involved however is best for you and your situation.

In just days, you could even be racking up "30-Day Retirement" work-free "hourly wages" like...

And you never know... my next alert, the one I want you to have today, might even point the way to an enormous gain like...

"Flash Action" Hall of Fame:  $4,760 Turned Into $639,500. . . Then $1.52 MILLION

Hansen Natural's a giant in fruit and energy drinks.

4,000 shares of HANS on Aug. 18, 1995 meant a total outlay of $4,760.

By July 2005, HANS traded at $92.40 a share.

Had you sold at $92.40, your $4,760 would've been worth $369,600! That's good for a gain of 7,650%!

Then, by June 2006, HANS traded at $190.37 a share after a 2-for-1 split.

8,000 shares were now worth $1,522,010.

That's more than $1.5 million from $4,760, or a lifetime gain of an absolutely staggering 31,875%.

You've now seen "flash action" moves at work. You've seen how just a few hundred dollars to start could turn into incredible sums.

I've shown you how to make $14 million in a week, $336,500 in two days, even 1,400% gains in 30 minutes!

And now you've seen how a "buy and hold" play like HANS could make you a millionaire too! The opportunities here are overwhelming!

So you know the stocks I target. You know the blueprint for gains.

Now it's time for you to cash in on these little "30-Day Retirement" gems for yourself...starting with my next elite, members-only alert.

Don't Miss This Rare Chance to Join The Ranks of Bulletin Board Elite

I admit up front, I simply cannot offer Bulletin Board Elite to a wide audience.

The opportunities I uncover are just too sensitive for more than a handful of people to know about. But, as you've seen, they can be incredibly lucrative.

Membership is first come, first served. So you must hurry to join at the limited-time price I'll reveal in just a minute.

But first I need to issue my warning, one more time...

Tiny "flash action" securities can be extremely volatile. Some of these stocks trade for just pocket change, and too many buyers can send the price up triple digits.

Now, to show you gains the right way, I must go wherever the stock-stories lead me, day or night, to uncover only those plays that stand to make you the biggest (and safest) "flash action" profits.

So, to be your "inside man", dedicated to digging up the "flash action" moves that safely and properly make you rich, I need to know you're committed to starting your own path to profits.

And to get you started as soon as you receive my latest alert, I'm prepared to throw in SEVEN other gifts.

Your Gifts Just For Trying The "30-Day Retirement Plan"

My Latest Flash Action Alert I've told you all about ― complete with the name and ticker symbol of my latest "flash action" recommendation. Respond to this note today, and you'll get it ― guaranteed. Your shot at a 30-Day Retirement starts the moment it hits your inbox! You might even make a mint in just the first week!

You'll also immediately receive my "flash action" stock report 3 Hidden Alt-Energy Plays for a Decade of Growth. Packed with "flash action" picks in battery technology, uranium exploration, and geothermal power, this report features my best analysis to date. 3 Hidden Alt-Energy Plays for a Decade of Growth is valued at $995.

You'll also immediately get 3 Diverse Stocks, One Goal: 10-fold Gains or More. One company specializes in unique beverages ― and is growing a legion of fans ― just like Hansen Natural did! This report's another $995 in stand-alone "flash action" value.

The hot-off-the-presses Stock Profits That JUMP: Scoring Big off the Bulletin Boards. I teach you how to buy "flash action" plays, how to SAFELY build positions, and how to set strict limits on risked trading capital. I also show you how to find a low-cost broker who offers exactly the service you need.

Now, I suspect you're an advanced market watcher. If you weren't, you probably wouldn't still be reading my letter.

But I urge you not to dismiss this report when you receive FREE access to it.

It's filled with "30-Day Retirement Plan" tips and tricks you can use to play "flash action" movers even better, so you could see repeatable "30-Day Retirement" style profits!

Alone, I could sell Stock Profits That JUMP: Scoring Big off the Bulletin Boards for $395 and make a nice living. But you get it FREE, just for starting your own path to riches with "flash action" movers!

It comes to $2,385 in reports. But I'm not even asking for my break-even price.

And I still haven't even told you everything else you get!

Total Protection with Flash-Action Email Alerts: You get time-sensitive e-mail alerts to keep you on top of what my latest research and analysis show. I tell you what to sell, and what "flash action" positions you should increase. Basically, if you need to know something FAST...these alerts will keep you in-the-know. A $495 value.

Monthly Bulletin Board Elite Issues: Guaranteed to contain at least one new "flash action" pick, each month you'll get an email issue directly from me, giving you the scoop on my latest "30-Day Retirement Plan" pick, updating you on existing picks, and analyzing the trends impacting our portfolio. $795.

Full Bulletin Board Elite Website Access 24/7: You can follow the model portfolio, read through the flash alerts and issues archive, read and print your special reports. $495.

As soon as you sign up, you're given a unique membership ID and Password. Use it to scour the Bulletin Board Elite website and take advantage of all the for-your-eyes-only info it has to offer.

Also, as a paid member of Bulletin Board Elite you'll receive a FREE subscription to the Agora Financial Executive Series...two daily e-letters that will give you a rare insider's view of our editorial room.

You'll receive the groundbreaking Rude Awakening, which uncovers the latest big-picture trends in politics and in the markets, as well as the 5 Min. Forecast ― a daily snapshot of what our revolutionary editors are saying right now.

You'll also receive a FREE subscription to the Penny Sleuth daily e-letter. This insightful small-cap letter is brought to you each weekday from some of the best small-cap minds in the country.

To ask $2,000 for all this information, access, and profit potential is a steal. After all, with "30-Day Retirement Plan" potential like you saw from Paradigm, Concord Ventures, Abviva and Genesis Pharma ― which could have made savvy investors as much as $875, $57,750, $43,240, EVEN $2,126,023 PER HOUR!

Now, I've seen services like Bulletin Board Elite sell for $10,000 or more. There are "analysts" on Wall Street who pay thousands for these limited-audience alerts.

Some of these analysts work in hidden niches of the market, making millions per year to research tiny stocks. To them, services like mine are a leg up on the competition.

$2,000 is a fraction of the cost some "professionals" pay for potential like this.

You're Minutes Away From The Chance At Huge "30-Day Retirement" Gains!

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$9,554 in Benefits — Your Gift From Parachute Portfolio Library

Here's your chance to join an esteemed group of thinkers.

You can join the world's greatest contrarian investment minds…and let them help you grow your wealth despite the ongoing economic collapse.

Membership is by choice and therefore this invitation is limited.

When the San Francisco earthquake sucked insurance companies dry in 1906... and share dumping sheered nearly 9% from the Dow that next spring...

Four wealthy New York businessmen and a Boston economist decided to form a "secret" financial club that went on to include presidents and prime ministers, scientists, entrepreneurs, and billionaires.

Then there was famous economist John Maynard Keynes, who lost a bundle — nearly three-quarters of everything he owned — in the great Crash of '29.

He went on to form his own little cult of economic ideology, become a living celebrity, and went on to build personal investing wealth of nearly $30 million.

In 1947 and in the wake of World War II recovery, economic giants Friedrich von Hayek, Ludwig von Mises, and Milton Friedman quietly pulled "people with money" together again... in a small mountain town near Montreaux, Switzerland.

The influential group still meets today.

And as stagflation sapped the strength of the U.S. economy in 1978, another "secret" society formed. It was strictly limited to the top 30 investors, entrepreneurs, and economists of the day.

They call themselves the "Group of Thirty" and of course, they still meet today, headed up by none other than Fed Chairman and start economist Paul Volcker.

I'm guessing already that you had no idea some of these "secret" societies even existed.

In the past, they included some of the richest and most elite money minds of a generation... not just to help members rebuild and grow their personal fortunes... but with the goal of changing the course of history.

And I have the same ambition for the "secret society" I'm about invite you to join today.

Let me explain...

Your Chance To Get Rich While Making History

What I'm about to tell you about has been almost two years in the making... and I've already invested over $532,171 to make sure this day arrived. But now it's finally ready.

Introducing a new alliance of high-end "Big Picture" thinkers. People who not only seek ways to heal the damage this market has done, but who can appreciate a much larger, more intelligent approach to figuring out exactly what's going on in the markets today.

I'd like to invite you to join this new alliance.

And here's the thing: I'd like to invite you to join free for a full year.

That's right. I'll simply waive your membership dues... and send you everything full members in this new society will receive, at no charge for a full 12 months.

You'll find out how in just a moment.

First, here's a glimpse of what you'll receive if you accept my invitation...

You'll start immediately with what I call our Parachute Portfolio Library, a double-pronged wealth protection resource centered around the only two kinds of market moves you should consider making over the next 12 to 16 months ahead

Then you'll also get a copy of my 218-page book, The Demise of the Dollar and Why It's Great For Your Investments, which you'll want to read before the inevitable greenback implosion ahead

You'll start receiving published updates every single week... plus additional members-only briefings every month... both with updates on everything in the recommended portfolio plus advanced private research on the markets, the world economy and — of course — this unfolding crisis

Plus an immediate private conference call that shares insights and answers vital questions about the evolving state of this market

Access to more of these live conference calls every single financial quarter, featuring one of the two most experienced and intelligent working economists I've met in the last nearly two decades of market research

Online and personal networking opportunities where you can interact with your fellow society members, both to exchange more market insights and to build the bonds that can be so vital to your financial survival in turbulent times like these

Access to a precious archive of nearly 18 years of research from one of the greatest financial minds of our generation — and worth nearly $6,947 — yours free

Plus, you'll also be entitled, as the newest member of our elite new wealth-protection society, to help nominate recipients of a prestigious new award in economics... as well as a memorial scholarship, dedicated to teaching the next generation to help us steer clear from these kinds of debacles in the future.

Again...

All of this — worth an estimated $9,554 — can be yours free for a full year.

But I need to hear back from you before Tuesday, April 21 at 5 P.M.

Accept by that deadline and all the above can be yours at no cost for a full 12 months. I'll simply waive a year's worth of membership dues and you'll start getting everything I just mentioned.

"On me."

I'll explain it all at the end of this letter.

Now why on earth would I want to do that?

Before you scroll down to find out, just give me a moment and I'll explain. Starting with the story of the great man who inspired this me to write this letter to you today in the first place...

The Smartest Investor You'll Never Meet

He was a friend. He was a legend.

He was also one of the smartest — and richest — investors I've ever met. In fact, he was so successful, I happen to know he twice paid cash for luxury apartments on the French Riviera.

He collected valuable antiques... drove a classic Mercedes well into his 80s... and carried an ornate silver-tipped cane with him everywhere he went. He was a character you don't forget.

When he spoke, everyone listened. He dominated every room he ever entered.

Once, in my office, he borrowed the phone... and in four minutes chattering away in German to his broker... made a trade that, by our best estimate, netted him around $8 million.

How? It was a hedge on a slide in the U.S. dollar.

"That," he said as he hung up the phone, "was for my grandchildren..."

And then we went to lunch, to talk economics over thyme-roasted chicken and bottle of French Bordeaux. Not your average day for most people. But no surprise for this gentleman.

His name was Dr. Kurt Richebächer.

You may already know his story. Or maybe you don't.

A survivor of Nazi Germany... the former chief economist of the Dresdener Bank... and so controversial, former German Chancellor Helmut Schmidt once tried to silence him.

By the time we'd first met, Kurt had already advised billionaires, financial ministers, and market makers. Former Fed Chief Paul Volcker had been a big fan and personal friend. So was the late, great economist Murray Rothbard.

Bill Fleckenstein, a regular columnist for CNBC and MSN Money, regularly recommended Dr. Richebächer's research to other investors. Other gurus lined up to praise him too, including the legendary Richard Russell... plus best-selling authors Doug Casey and William Bonner...

Along with Barron's contributor James Grant... CNBC's David Tice... famous analysts Dr. Martin Weiss, Doug Noland, Dr. Marc Faber, and Michael Belkin... and a host of other market "luminaries."

During his lifetime, some had even compared Dr. Kurt Richebächer to visionary financial geniuses like John Templeton, Stephen Roach, Ben Graham, Charles Dow, Robert Prechter, and Benoit Mandelbrot.

Sadly, We Lost Kurt In 2007

Sadly, we lost Dr. Richebächer at the fiery age of 88.

But not before he managed to publicly and forcefully predict almost every detail of today's mess... before it even began to unfold... and certainly not before he'd already dedicated a lifetime — a full and fascinating 67-year career — to studying markets in a way that no green sub-40-year-old Wall Street lackey could even begin to imagine.

In the 67 years Dr. Richebächer researched and reported on markets, money, and economies, not only had he witnessed the booms of the 1980s and '90s...

But he'd also seen — and survived — the '73-74 market bust... the '87 "Black Monday" collapse... the massive S&L crisis of 1989 and '90... and the infamous junk bond blowout and early '90s recession...

Not to mention, the 1997 Asian and Russian currency collapses... Internet-mania and the Dotcom Bomb... and, of course, 9/11 and the subsequent stock market aftermath.

Kurt had been through it all. He's seen it all. And he's survived it, financially speaking, with huge personal success... even while others saw their accounts flattened.

But of course, in his monumental career, Kurt had ALSO served as analyst and living witness to the "Go-Go" fund jockey wipeout of 1969...

He had even seen and survived the world-flattening recession of 1958... and had lived in the middle of the post-war financial chaos in Europe just after WW II...

He was even around long enough to have living memory of the '29 crash itself, and the near-decade of stagnant years that followed.

I don't know about you, but I can't think of a SINGLE Wall Street analyst or grinning TV commentator that could ever produce anything even close to that kind of pedigree.

Yet there was "Dr. Kurt," as we loved to call him, not just seeing us through it all... but drawing out the details and making forecasts even about this current economic catastrophe...

Right up to when he left us, in August 2007.

A Timely Warning Only a Few Had the Sense to Follow

A few of us were lucky.

We got the chance to hear Kurt's warnings in time. We also had the chance to take steps to protect ourselves. Had you been with us, you would have had that chance too.

See, not long after Dr. Richebächer and I met in Paris that afternoon, I pushed my team to put together and send out a special report. It looked a lot like the one you're reading now. It was early 2006 and, inside that report, Dr. Richebächer repeated for our readers what he'd told me...

"I am dismayed at the low level of U.S. economic thinking. Elementary insights into economic processes that have been accepted by all schools of thought for more than 200 years are unknown, discarded or even put on their head. The facts are that you have serious structural problems that exclude any possibility of a sustained economic recovery... A profits decline, a record savings shortfall, a capital spending collapse, an unprecedented consumer borrowing and spending binge, a massive current account deficit, ravaged balance sheets and record high debt levels."

I'm sure you'll remember, that's when Americans still believed property would always go up. The Dow had just hit 11,000 too. And the Gross National Debt? It was high... but nobody then even dreamed it would rocket nearly $3 trillion higher by today.

For his readers, Kurt went on to warn that the ultimate "credit trap was about to spring shut"... and that the U.S. economy was headed for an imminent and enormous "fundamental breakdown."

Of course, that's exactly what happened.

Said the report...

"The U.S. consumer... the U.S. government... in fact, the entire U.S. economy... is living on borrowed time. The credit trap is about to snap shut. The wall holding back a tidal wave of financial pressure is about to collapse."

Could General Motors go broke, we asked in the 2006 forecast report. Could Fannie Mae and Freddie Mac survive, saddled by $4 trillion in loans to questionable borrowers?

Of course, those events sounded impossible to most people then. But Kurt warned us that it could happen more easily than anybody imagined. And he remains right about that too.

Back then, experts at the Fed talked about "positive inflation" as a tool to fight off an economic collapse. Kurt warned against it. Yet today, the Fed is actively doing it... dumping trillions into a black hole.

Kurt warned too about the insane debt leverage we were handing over to China and other foreign lenders... today, our government has ignored his warnings and we're in deeper than ever before.

Of course, Dr. Richebächer — a rich investor himself — was too much of a gentleman to reveal what he did with his own money. He wasn't just an advisor. Kurt was a serious economist with a "big picture" view no penny-ante Wall Street broker or hot-tip jockey could match. A class act.

His circle of readers and admirers were happy enough just to hear his analysis.

But knowing that he was forecasting a major economic crisis... and that Dr. Richebächer himself wouldn't be with us much longer... I arranged for Eric Fry, one of our best analysts, to travel to the Riviera (a dream assignment) and interview Dr. Richebächer in person.

Days later, Eric came back with Kurt's famous "Last Interview"... and five powerful, simple wealth-fortifying strategies were grounded on what Kurt had revealed...

In one visionary detail after another, Kurt laid out his map of the now infamous credit bust... from the deadly dangers of "zero-money-down" mortgages... and the billions that would disappear from banks and property values... to the rising risk of shameless U.S. debt and evaporating U.S. industry... and how, in Kurt's convictions, the treasured American way of life was surely on the brink of extinction.

Just as importantly, we discovered how to turn that vision into opportunity. As I'll show you, in ways that could have made a few individuals very rich.

For instance, the 46% his readers could have made in just 13 months playing Eurodollar puts... or the 96% in six weeks they could have piled up with puts on the dollar... Plus another money-doubling U.S. dollar spread in just 10 weeks not long thereafter. Then there's another 292% in three months, again with puts on the dollar... and 425% in just eight weeks on brilliant euro calls... the list could go on.

Of course, the window on those opportunities has since closed. However, Dr. Richebächer's stunning "last" forecast continues to unfold, almost to the letter of what he told Eric in that six-hour interview back in 2006.

Perhaps even more amazing, is that what he revealed offers you — even now — another chance to avert or even recover from these later stages of financial catastrophe.

How? Allow me to explain...

A Second Chance to Escape Even Today's Market Collapse

See, I'm so certain now of both the value and timing of the deeper kinds of insights