In 2006, Ron Insana’s “popularity” with the sheep viewers of CNBC led to his resignation in order to start a fund of hedge funds (FoF). I don’t know the details of this arrangement, but I’d say he was approached by some guys who had some access to investment capital, and they wanted to leverage Insana’s “popularity” on CNBC as a way to raise more capital.
Meredith Whitney is back after nearly ten years of hiding from the public eye. Most of you probably don't know or even remember Whitney. She became one the financial media's so-called experts after making a basic prediction in October 2007 that Citigroup would need to cut its dividend. Her reasoning was based on the notion that the bank's profits would not be able to cover the dividend. Given that she was referring to the common stock, it's important to note that dividend cuts are quite common and do not necessarily point to deep issues within the firm. At the time Whitney was working as a banking analyst for Oppenheimer. From this very basic prediction by Whitney, the media later credited her as having predicted the collapse of the banks during t......
Due to various time restrictions, this article will continue to be updated throughout August 25, 2014. Here we have a very weak attempt by a Jewish lady to distract attention away from the Jewish Mafia. According to Karen Hudes, the Vatican runs the world! [pause for intense laughter]
In the past, I have addressed the errors made by Peter Schiff's analysis of the economy and healthcare. For those of you who are still behind the curve and actually think Schiff knows what he is talking about, (i.e. being more right than wrong) you should question how a man who has no expertise in healthcare thinks he knows how to fix the problems.
It seems as if the new trend in modern America is to use scare tactics as a way to sell the sheep. It worked for President Bush when he warned of Saddam’s WMDs. It also worked for Paulson when he shoved the unconstitutional banking and auto bailouts (TARP and other taxpayer funds) down the throats of U.S. taxpayers. (1) (2) (3) (4) Today, various individuals, from media clowns to investment pundits are using their own brand of scare tactics in order to get people to buy gold. As you shall see, this article addresses the controversy of these activities. Let me first begin with a reminder about the dangers of America’s media monopoly. Instead of presenting different perspectives in a manner which promotes an open forum of debate and inquiry, the media feeds its audien...
As many of you know, the media black-balled me and continues to today for a very good reason. They are protecting the agendas of their financial sponsors – the financial industry and corporate America, despite the fact that there are not even five individuals who collectively can match my track record. In the future, I will continue to provide examples of just how reckless the media hacks are. It should be a criminal offense for the media to air some of these guys, especially when the media positions them as experts.
Note: We are no longer releasing regular excerpts of Mike's Market Forecasting to the general public. We may release some excerpts to the public in the future if we have time and if we so decide to do so. Paying Members of the website will have access to some of the market forecasting videos (in full or part) on a delayed basis starting in 2015. From these videos, Members will be able to learn a great deal. The following article will be amended as needed over the next several days as we add charts and more content. We are releasing it now in rough draft format with the understanding that the final publishing date may not be for a few days. _____________________________________________________________________________________________________ ______________......
With a good deal of help from traditional media, the social media fad has grown into a worldwide phenomenon for millions who seem to have too much time on their hands. Many claim they use these sites to keep up with friends and relatives. But level-headed individuals use more direct means to keep up with loved ones. Many others are looking for love, or just an easy way to get sex, from whatever form it may come. Others claim to use these sites for “networking.” To those of you who insist these sites help advance your business or job prospects, I say this. Get up off of your ass and make something happen yourself instead of looking for easy ways to succeed, because success has no shortcuts. The social media fad is not much different than its trash TV counterpart, w...
As someone who has been an active participant in the capital markets for nearly two decades, as well as a watchdog for Main Street exposing media spin and deception, consumer fraud, and securities manipulation, perhaps the single most important thing I have learned is the following:
I have said this is the past many times, and now I am going to say it with a bit more conviction. If you really believe there are two distinct political parties in America, you are a complete fool. Those of you who have fallen for Obama’s “American Idol” presidency, with all of the bells and whistles one would expect from a Hollywood production are just as ignorant as those who believe the lies and misinformation from talking head idiots like Rush Limbaugh, Bill O’Reilly, Mark Levine, Sean Hannity, and the rest of that idiotic neo-con, racist crew who piggybacks onto their propaganda as a way to profit – you know, like Michelle Malkin and Ann Coulter – some of the bigger idiots on the airwaves. These clowns are all part of the political media...
Here, we provide readers with a glimpse of our market forecasts between February and April 2012 demonstrating once again that we are the best market forecasters in the world. As many of you recall, our Chief Investment Strategist, Mike Stathis accurately forecast a bottom in the Dow Jones Industrial Average to around 6500 in his 2006 landmark book, America’s Financial Apocalypse.
Added to the growing list of accurate forecasts made by our chief investment strategist, Mike Stathis is the prediction of the correction in the commodities bubble. As subscribers to the Intelligent Investor know, Mike Stathis first warned of a correction in the commodities bubble in the February 2011 issue of the Intelligent Investor.
The Facebook pump-and-dump scam has played out just as I predicted. After only a couple of months, naive shareholders who feel for this scam have already lost nearly $45 billion as the result of a collapse in the share price of more than 50% from the IPO high of $45. But this $45 billion hasn't been a loss for those on the other side of the trade. Short sellers aside, the fact is that the Facebook scam has created several billionaires overnight, namely the executives of Facebook, not to mention the huge payday for the private equity and venture capital funds which capitalized on the pump-and-dump scam orchestrated by both the financial industry and the media. And who do you think purchased the vast majority of shares? Fund managers of course; mainly mutual fund and pension fund managers...
Among his other amazing forecasts, Mike Stathis is the ONLY financial professional in the world to have timed the gold and silver bull and bear market, starting with recommendations to clients to buy select gold stocks in late 2001, as well as his recommendation to buy gold and silver ETFs in his landmark 2006 book, America's Financial Apocalypse, to his warnings about a gold bubble that would rise to 1500 to 2000 and then burst and continue a downward trend for many years. View Mike Stathis' Track Record here, here, here, here, here and here Check here to download Chapter 12 of Cashing in on the Real Estate Bubble. Note that Mike Stathis does NOT make any money selling precious metals, precious metals ads, securities, or ads of any kind. He is a tr...
Who is Chris Martenson? Is He Legit? And is He on Your Side? In this 3-year investigation of Martenson, we lay out the details of how this snake has elbowed his way into the gold charlatan network in this 60-page report. We issued a warning about Martenson a while back, knowing well what he was up to, but we just did not have the time to do the investigation and write-up required to present a bullet-proof analysis. Click here to read our previous warning. More recently, we exposed what a complete clown Martenson is by showing his predictions on commodities and the US stock market. Click here and here to view Parts 1 & 2 of this video presentation, respectively. The full report on Chris Martenson can be found in our famous Encyclopedia of Bozos,...
In the audio below, Mike tells it like it is in his typical animated, unrehearsed way (warning: if you do not like cursing, please do not listen to this audio). The full version of this article (including the audio commentary) is available only to active Members and Clients. For some strange reason, over the past couple of years we have received quite a few emails by individuals asking us Mike’s opinion on Martin Armstrong. Before we begin, you might want to check on the case by the SEC against Mr Armstrong. Anyone who even has to ask us about Armstrong has NO idea about Mike’s track record, much less Armstrong's. We highly doubt they've even read a single one of Mike's highly informative and very educational books, which most likely accounts for the re...
Continuing where I left off from last time... Rather than huge manufacturing industries reminiscent of America’s “Old Economy,” the “New Economy” is characterized by high-tech firms large and small. Much of America’s formerly world-leading manufacturing industry has either relocated overseas or has been sold to foreigners. This article was originally written in 2010 as a followup to the material I first wrote about pertaining to US trade policy in my banned 2006 book, America's Financial Apocalypse. This book was not only the ONLY book in the world to have accuractely forecast nearly every major event related to the blow up of the real estate bubble and stock market, but also detailed numerous wide ranging topics that promised to...
If you look around on the various gold bug web sites, you are likely to see the same crowd posting the same lines of hyperinflation and everything else they can conjure up in order to scare people into loading up on excessive amounts of physical gold. Note the emphasis on “physical gold” rather than gold ETFs.
If you lost money in gold, silver or precious metals stocks (including the so-called junior miners) you really need to read this article and listen to the recorded conversation I had with a Sprott employee. I guarantee you it's going to be very revealing. I'm not going to disclose much about this presentation to the public. Only Members and Clients will get full access to the results of my investigation into Sprott Asset Management and Eric Sprott. All I will say is that my research confirmed what I already knew. This 30-page article continues below for Members and Clients. Mike Stathis holds the leading investment forecasting track record in the world since 2006. In fact, he is the only person we know of to have ever attached a $100,000 reward a...
I began my mission helping investors steer clear of Wall Street because I learned firsthand how the game was played after having worked in the industry. Thereafter, I learned how the media helps Wall Street after I was black balled by all media in 2006 and thereafter for trying to warn main street about what would become an unprecedented financial crisis in 2008. My mission has been to help investors become more knowledgeable and successful by providing cutting-edge investment research as well as top-notch educational content. I think I've done quite well in that regard. As a part of this mission, I have also spent a great deal of time and effort exposing the criminal activities of the financial media, as it works with Wall Street to deceive and defraud main str...