In the past I haven't posted much if anything about Charles Nenner in part because I believe it's pretty obvious that he’s not someone who should be taken seriously after hearing him speak of cycles and other nonsense. Just listen to the guy. He's a complete clown! Similar to most failures in the financial industry, Nenner aligned himself with the gold pumping syndicate many years ago as his market collapse "forecasts" failed to pan out.
(see related audio and video below) Copyediting scams like the one above featuring Jim Rickards (published by Porter Stansberry and Agora Financial) are the types of nonsense you should think of when someone mentions the Money Show. A while back I released a piece on the Money Show. See Money Show Con Men As you might recall, I discussed my conclusion that the Money Show serves as the largest collection of the biggest losers and con men in the world today. Most of the sheep that attend the Money Show are elderly. Thus, the Money Show is exploiting senior citizens. To continue with this article and to watch the video, please sign into your account. For the most comprehensive list and details regarding investment con men, gold pumpers, i...
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......
Most Americans have been fooled into thinking one party has the solutions to the nation’s problems, when the facts paint a much different picture. You need to understand that both parties are the same. As history shows, you get the same result regardless who resides over the White House and Congress.
I ran across a link to an article from Forbes and I got so upset I wanted to share it with you so you could see how low the financial media stoops to brainwash people, creating a new generation of sheep, while promoting their financial sponsors. The reason why I became so upset at this advertisement (disguised as an article) is because it targets kids and brainwashes parents to think that kids should be spending their online time "more wisely" by learning about investments. "Your children already spend way too much time on the Web. Why not start them on some fund Web sites that teach them sound investment principals." Yea! Great idea! NOT. What a manipulative, dirty, filthy ad. The "author" is such a HACK.
Unfortunately, most people have forgotten how critical it is to know the credibility and reliability of the sources they choose to follow. Instead of checking credentials and track records, they go by the number of likes, fake comments, fake reviews, and hearsay from people they have no idea about. Those who are unfamiliar with me can find out more about my credentials, my background, as well as my investment research track record here, here, and here. Examine Mike Stathis' unmatched track record of predicting the 2008 financial crisis, enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, here, here, and here. ------------------------------------------------------------------...
Check the image library for dozens of additional annotated images which illustrate what a liar, idiot and fraud Kiyosaki is. Click the empty box below and wait for the video to load Why Robert Kiyosaki is a Fraud (Bullet Points) The following is a quick list off the top of my head and some added when I was watching a couple of videos (cited below). This list will be expanded upon in the future. If you have points to add please email us and include a link to the source. He claims 401ks are a scam (this is part of his ploy to convince people to get into real estate in order to buy his books and attend his cash flow, real estate, wealth seminar scams, as well as to make money as a paid speaker to pump gold and silver). He claims having a job i......
Gold Bugs and Conspiracy Nuts... There are so many silly statements being made by gold bugs that it would take me a very long time to debunk them all. Most of them are not even worth my time to debunk, as they are so ridiculous. Perhaps the most ludicrous thing about these gold bugs is that they accept anything they read or hear about gold without bothering to analyze the accuracy of the claims, as long as it favors higher prices for gold and silver. Such individuals lack the ability to understand and control their psyche. Without this ability, investors stand to lose.
Where did Alex Jones ever get the idea that Schiff "manages billions" of dollars? If it was a one-time error, okay. But it wasn't. Jones made this claim dozens of times over the span of several years. From memory, I believe Euro Pacific's assets under management (AUM) surpassed $1.5 billion for a few months. If I'm wrong, I'm sure Schiff will reach out to me. And if I'm wrong I will publish a correction/retraction. Obviously I do not believe I'm wrong or I wouldn't bother wasting my time on this topic. But this was not long after the financial crisis and before people began to realize Schiff didn't really predict anything, and is nothing other than a broken clock, gold peddler. Once people began to realize Schiff is nothing more than......
Today marks the three-year anniversary since the market bottomed on March 9, 2009. Since that time, the market is up by around 100%.
Have you ever wondered why most people get screwed in the stock market? Most who lose their ass in the stock market rarely blame the real culprits. So who are the real culprits? Well, if you pay attention to the financial media, then you have your answer. (video is below) Send this video to Aaron Task altask@yahoo.com __________________________________________________________________________________________________________________ Mike Stathis holds the best investment forecasting track record in the world since 2006. View Mike Stathis' Track Record here, here, here and here. Check here to download Chapter 12 of Cashing in on the Real Estate Bubble. This is the chapter that shows where Mike recommended shorting Fan...
In my last piece, I think I made it clear that the vast majority of economists are not only clueless, but very dangerous to your financial health. Make no mistake. At best they are broadcasters not forecasters. They’re better equipped working with historians to document events after they’ve happened. Yet, the media keeps them in the spotlight when reporting what to expect, even after history has shown they always fail to deliver.
In the past I have discussed ridiculous inaccuracy of Robert Prechter's track record. Once you become as familiar with the entire investment copyediting industry, you will realize that all of these guys have track records as bad as Robert Prechter.
First he got involved with casinos. He just happened to pick the wrong spot (Atlantic City). Of course, everyone knows in real estate, the most important thing is "location, location, location." Yet, Trump claims to be a real estate expert. Next, he got involved with the Miss Universe Organization, owned also by NBC. As a result, Trump makes certain to create drama with the Miss Universe, Miss USA, and Miss Teen USA events as much as he can. Next, it was the Apprentice. And now it's wrestling.
Shortly after the earthquake and tsunami struck Japan, government and Wall Street economists downplayed the impact on Japan’s economic growth as well as that of the rest of the world. Next, the nuclear reactor meltdown began to worsen and still, these same economists minimized the economic impact of these events. In the Intelligent Investor newsletter, I discussed that these estimates had been significantly downplayed. My view was that the combined impact of the catastrophes in Japan would add a significant component to what I had already forecast as a slowdown in the global economy in the second half of the year. I even wrote a follow-up on the site several months later confirming this reality. See here. At the time, there was not even m...
At some point you are likely to regret…not buying a security after watching it continue to move up day after day; selling a security prematurely as you watch it continue to climb higher, or even soar to new highs; failing to sell a security only after it has collapsed in price; or even staying out of the stock market for a period of time only to see it soar. Even the best investors make mistakes and have regrets. In fact, the best investors make many more mistakes more than you might think because the media most often focuses on how great and wise they are rather than what they have done wrong.
For those of you who are not yet familiar with who I am, my name is Mike Stathis. I am the world's top investment strategist and investment forecaster and I have the published track record to prove it. This is a fact that remains unchallenged despite backing it with a $100,000 prize (recently raised to a wager of $500,000 with 2-to-1 odds so that if you win, you receive $1,000,000; details forthcoming) for the person who can prove otherwise (see the end of this article for some of my track record). Naysayers who are not familiar with me or my published track record might be thinking that it seems impossible that they have never heard of someone who claims to be the world's the leading investment strategist. Those who are familiar with me realize that I was banned long ago by...
I haven't made any comments about these so-called stress tests for the banks because it was obvious (to me anyway) it was just the latest PR scam devised by Larry Summers (carried out by his puppet, Geithner) to exaggerate the financial health of the banking system. While I was confident the results of these “tests” would be ludicrous, I wanted to hold off until they were released so I could deliver the knockout punch. In short, it's clear these "stress tests" weren't so stressful, as I had suspected. Before examining the results, let’s begin by looking at some of the brainwashing journalism involved in this PR campaign.
Examine Mike Stathis' unmatched track record of predicting the 2008 financial crisis, enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, here, here, and here. Michael Burry is a fund manager who got lucky after making what was actually a pretty easy bet against the sub-prime mortgages back in 2006. Incidentally, if you don't understand why his bet was an easy one to make, you have much to learn. If Burry really knew what was going in 2006, he would have gone to the media and told them about his bets against the sub-primes instead of hiding his bet and waiting to see if it panned out. Moreover, if Burry really understood what was going on he would have also: 1) Be......
Mike has been targeted by WikiLeaks because of his highly successful proprietary trading methodologies which have successfully predicted and timed the stock market collapse down to a few hundred points, the collapse and bailout of Fannie and Freddie even before the real estate bubble popped, and many other forecasts that have made his readers a boat load of money.