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Why the Media Are Wrong on Stem Cells… Again

As I predicted, the Obama administration is moving forward with policies that will directly benefit stem cell and thorium nuclear power top stocks.

The administration's health care summit takes place this week. It is widely expected that the president will make official his pledge to lift the limitations on embryonic stem cell (eSC) research. Last week, Democratic Sen. Tom Harkin and Republican Sen. Arlen Specter introduced a bill that would make it illegal for any future president to impose such limits.

Once again, the media are getting the stem cell story wrong. This change will have little impact on companies working on SC therapies. As I've said many times, the ability to create induced pluripotent stem (iPS) cells from adult cells has changed everything. The use of embryonic cells in future therapies is now unnecessary, if not foolish.

This is not to say, though, that lifting the ban on the use of federal funding will not produce winners. The reason is that stem cells have important uses beyond therapies that were stifled by the funding ban.

Theoretically, it was possible to privately fund research on unapproved eSC lines under the Bush ban. To do so, though, researchers would have had to cut themselves off from any other work involving federal grant monies. In most cases, disconnecting from the intricate network of federally funded research was a practical impossibility. You would be hard pressed to find a university or big pharmaceutical company that does not accept government grants in some form. The impact of the ban was, therefore, enormous.

The field of research that suffered most was genetic disease drug discovery. Specifically, it was research aimed at finding cures for the inherited genetic diseases that afflict millions of Americans alone. What scientists have long wanted is access to stem cells that carry the diseases they want to treat. With an unlimited number of disease-carrying cells, potential treatments could be tested and analyzed with far greater efficiency.

Now, let's move to the thorium front…

I previously told you about the Thorium Energy Independence and Security Act of 2008. Sponsored by Senate Majority Leader Harry Reid and Republican Sen. Orrin Hatch, this bill is designed in large part to produce an alternative solution to the problem of nuclear wastes. Thorium reactor technologies fit that bill for two reasons. Not only do they produce fewer byproducts, they can be used to burn the wastes produced by other nuclear technologies.

Last week, President Obama dramatically moved the thorium industry forward. He announced that he would kill the Yucca Mountain nuclear waste depository project. This is despite the $9 billion already spent on the project.

Reid, of course, is bragging about his role in the decision. So where does this leave us? The Yucca Mountain project, located in Reid's home state of Nevada, was considered critical to the future of nuclear power generation in America. Since Obama, Reid and Pelosi all promote nuclear power, this significantly increases the likelihood that thorium reactor technologies will be fast-tracked.

Peak Oil Stock: The Collapse of Banking

What next? Isn't that a question, though...
     
The Peak Oil story was never about running out of oil. It was about the collapse of complex systems in a world economy faced by the prospect of no further oil-fueled growth. It was something of a shock to many that the first complex system to fail would be banking, but the process is obvious: no more growth means no more ability to pay interest on credit... end of story, as Tony Soprano used to say.

    
There was a popular theory among Peak Oilers the last decade that the world would enter a "bumpy plateau" period when the global economy would get beaten down by peak oil, would then revive as "demand destruction" drove down oil prices, and would be beaten down again as oil prices shot up in response ― with serial repetitions of the cycle, each beat-down taking economies lower ― the only imaginable outcome being some sort of quiet homeostasis. This scenario did not play out as expected. It was predicated on a mistaken assumption that all systems would retain some kind of operational resilience while ratcheting down. Anyway, the banking system was mortally wounded in the first go-round and the behemoth is dying hard.
    
The last desperate act of the banking system in the face of Peak Oil's no-more-growth equation was to engineer species of tradable securities that could produce wealth out of thin air rather than productive activity. This was the alphabet soup of algorithm-derived frauds with vague and confounding names such as credit default swaps (CDSs), collateralized debt obligations (CDOs), structured investment vehicles (SIVs), and, of course, the basic filler, mortgage backed securities. The banking system is now choking to death on these delicacies.
    
The trouble is that the EMT squad brought in to rescue the banking system ― that is, governments ― can't remove these obstructions from the patient's craw. They don't want to drown in a mighty upchuck of the alphabet soup.
    
The collapse of complex systems is actually predicated on the idea that the systems would mutually reinforce each other's failures. This is now plain to see as the collapse of banking (that is, of both lending and debt service), has led to the collapse of commerce and manufacturing. The next systems to go will probably be farming, transportation, and the oil markets themselves (which constitute the system for allocating and distributing world energy resources). As these things seize up, the final system to go will be governance, at least at the highest levels.
    
If we're really lucky, human affairs will eventually reorganize at a lower scale of activity, governance, civility, and economy. Every week, the failure to recognize the nature of our predicament thrusts us further into the uncharted territory of hardship. The task of government right now is not to prop up doomed systems at their current scales of failure, but to prepare the public to rebuild our systems at smaller scales.
    
The net effect of the failures in banking is that a lot of people have less money than they expected they would have a year ago. This is bad enough, given our habits and practices of modern life. But what happens when farming collapses? The prospect for that is closer than most of us might realize. The way we produce our food has been organized at a scale that has ruinous consequences, not least its addiction to capital. Now that banking is in collapse, capital will be extremely scarce. Nobody in the cities reads farm news, or listens to farm reports on the radio. Guess what, though: we are entering the planting season. It will be interesting to learn how many farmers "out there" in the Cheez Doodle belt are not able to secure loans for this year's crop.

     
My guess is that the disorder in agriculture will be pretty severe this year, especially since some of the world's most productive places ― California, northern China, Argentina, the Australian grain belt ― are caught in extremes of drought on top of capital shortages. If the US government is going to try to make remedial policy for anything, it better start with agriculture, to promote local, smaller-scaled farming using methods that are much less dependent on oil byproducts and capital injections.
     
This will, of course, require a re-allocation of lands suitable for growing food. Our real estate market mechanisms could conceivably enable this to happen, but not without a coherent consensus that it is imperative to do so. If agri-business as currently practiced doesn't founder on capital shortages, it will surely collapse on disruptions in the oil markets. President Obama at least made a start in the right direction by proposing to eliminate further subsidies to farmers above the $250,000 level. But the situation is really more acute. Surely the US Department of Agriculture already knows about it, but the public may not be interested until the shelves in the Piggly-Wiggly are bare ― and then, of course, they'll go apeshit.
    
The recent huge drop in oil prices has left the public once again convinced that the world is drowning in oil ― if only the scoundrelly oil companies were forced to deliver it at reasonable prices. The public has been consistently deluded about this for decades. What's missing so far is for the president of the US to lay out the reality of the situation in a dedicated TV address. I know a lot of you think that Jimmy Carter already tried this and failed to make an impression (and ruined his presidency in the process). I guarantee you that Mr. Obama will have to do this sometime in the next few years whether he likes or not, and he'd be well-advised to get it done sooner rather than later. And by this I don't mean just vague allusions to "energy independence" or "renewables" in speeches devoted to many other issues. I mean telling the public the plain truth that we'll never offset oil depletion and the intelligent response i s to do everything possible to transition to walkable towns and public transit, not to sustain the unsustainable.
     
The alternatives ― i.e. what we're trying now ― is to further delude ourselves into thinking that we can run WalMart and the suburbs by some other means than oil. Despite all our investments in these things, we won't be able to run them by other means, and the news about this had better get out before enormous disappointment turns into titanic rage. If Americans think they've been grifted by Goldman Sachs and Bernie Madoff, wait until they find out what a swindle the so-called "American Dream" of suburban life turns out to be.

    
On this blizzardy Monday in the power centers of America, attention is fixed on the never-ending fiasco of AIG ― a company whose main product turned out to be credit default swaps, and is now choking on them. Kibitzers on the sidelines of finance are forecasting a king-hell bear market suckers' rally in the stock markets followed by a belly flop to Dow 4000 or lower. I myself called for Dow 4000 two years ago ― and was obviously a bit off on my timing. All this is surely trouble enough. But while your attention is focused on Rick Santelli in the Chicago trader's pit, or Larry Kudlow desperately seeking "mustard seeds" of new growth in financials, try to let one eye stray to the horizon where these other complex systems are working out their next moves. Farming. The oil markets. These are the coming theaters of alarm and distress.

"How can two obviously intelligent guys like yourselves find anything to value in Sarah Palin? I read your essay, Don, and found it somewhat insightful, the points obvious for those of us who consider the economy and its effects (but still your points are valid) and I'm sure news to some.

"But then you state that Sarah's your gal? And Gary, you also state some support for Palin. I'm at my wits end.

"That woman is such an obvious fraud that it became painful to watch her embarrass herself. If she has any intellect capable of understanding anything beyond the immediately obvious to any dog or cat, she wins an Academy Award for her ability to hide it. When she opened her mouth to speak it was painfully obvious that she fails to understand the simplest rationale, and she honestly believed she made points instead by employing colloquialisms, further defining her shallow, narrow understanding of most anything.

"As far as any knowledge of societies, economies, history, governing philosophies, or even our government, she proved to possess little knowledge. Electing people like Palin to governing positions because they're popular, or considered good communicators, is exactly how we've arrived at our current predicament. It's past time for voters to do an infinitely better job of selecting electing representatives and then following their actions and demanding accountability, while diluting the influence of special interests and their paid, professional lobbyists. Failing to do so will surely eliminate our right to vote at all.

"Surely you two are pulling my leg about the Sarah thing."

I do not dare speak for Don, but I agree with your assessment of Sarah…but when did I say anything about voting her into office? I just wish she'd return my phone calls.

Another Shooter seemed to know where I was coming from and warned: "God will damn you to hell for the lust in your heart." I assure you, Shooter, that my intentions are honorable.
 
And here is some angry protest from the Marxists who insist on reading our letters…

"Dear writer of the article: Gary Gibson?

"This article is an insult to my intelligence! You cater to fear [and] ignorance, and you propound borderline conspiracy-doomsday theories of the most banal ilk. Your beloved unregulated capitalism has sent the world economy into a tailspin of epic proportions. Even Allen Greenspan an avatar (Ayn Rand devotee and all) of the free enterprise system said his core working assumptions are now in doubt! Added insult to this rant is your mention of Sarah Palin as a serious candidate for our nation's highest office. Even John McCain's aides were appalled at her ignorance and leaked negative information. I spent ten years being a high school social studies teacher; you do a disservice to our country by these Jeremiads, which are not even half-truths, but one-eighth truths at best! Please remove me from this email list!

"A recovering ex-Republican, conservative and Ayn Rand devotee

"P.S. I would love to debate this point further with you. How about the thesis: unregulated free markets caused the sub-prime mess and brought us into a recession? How do you logically refute this?"

We spend a couple thousand words each business day trying to explain that the fiat money, fractional reserve banking, government-regulated thing that is destroying all your lives is not a free market based on sound money.

If you don't understand this or simply refuse to, then I'm not sure why you were receiving our newsletter in the first place. If you don't know the difference between our modern day Alan Greenspan and the dashing young Randian he replaced, then nothing you read in this newsletter can help you anyway.

That a statist and proponent of centralized planning such as you taught "social studies" in high school wouldn't surprise me, especially if you did so in a public school…but it still saddens me.

The Washington Post reports: "The government needs to continue moving aggressively to combat the recession and financial crisis, even as it takes steps to rein in the budget deficit in the longer term, Federal Reserve Chairman Ben S. Bernanke said this morning."

With an entire planet of people clamoring for more government management and bailouts ― and with the government happily obliging ― you may want to consider bailing yourself out.

Making Home Affordable: The Kickoff Begins

Help is coming for nine million overtaxed, indebted sods - so goes the jingle from our newest president of these United States.

That's a little more than those who are drowning right now.

One in five U.S. mortgage-payers is underwater. That's over eight million of us. In times like this I cross myself and thank God I'm a renter.

Home values plunged a collective $2.4 trillion last year.

California, Texas, Nevada, Virginia and Florida form the primary wastelands.

However, according to First American ― who tracks mortgages from California's ground zero ― should housing prices drop another 5%, another 2.2 million will get dragged under the swift current of decline. 

That takes the tally up to 10.2 million ― no surplus to be found in this "new" program.

President Barack Obama proposed $275 billion plan makes use of refinancing or restructuring America's home loans. All you need: most recent tax return and two pay stubs…oh, and also an "affidavit of financial hardship."

About $75 billion (good until 2012) would be used to rescue homeowners by paying lenders to alter troubled mortgages ― inducing the lender to reduce borrowers interest rates as low as two percent.

The catch: you can only modify once. And if you bought after Jan. 1, 2009, you're outta luck. Also, if you were mad enough to try for property worth over $729,750…call your relatives and hand the keys to the bank. (If you're lucky, they'll want to make a reality TV show about your "hardship." I hear one of the latest TV pilot shows is an ex-Wall Streeter who has to move back home with mom and dad.)

About five million folks fall under the aegis of Fannie or Freddie, and they've got until 2010 to rework these rotten loans to temporarily sweeter terms.

Now here's what's rotten in the state of Washington D.C. ― this currently un-legislated and unfunded plan looks pretty similar to its circa 2005-2006 cousin…the brainchild of one Neel Kashkari, interim head of our Office of Financial Stability. (Yes, created by that first "bailout bill" ― code name: Break the Glass.) 

This fellow from Akron, Ohio, who advanced in life to Hank Paulson minion, took this hallowed fiscal post on Oct. 6, 2008. Before that, he was a V.P. of Goldman Sachs in San Francisco, where they nicknamed him "the Borg." Then, Kashkari approached Mr. Paulson for that solid government job in 2006 ― great timing! He worked shoulder to shoulder with Hank in bailing out Fannie, Freddie and our perennial problem with the gambling addiction AIG.

In the years between making money for Goldman and overseeing money for Goldman-times-Politics-squared, Mr. Kashkari dabbled in the housing market. Fat surprise that!

To get to any useful information on his 2006-2008 years in service of our government, one has to sift through all sorts of gush, childhood stories, college professor praise, and even "sexiest man alive" references. 

Finally, after typing "Kashkari 2006" into my search engine, I found blogger Angry Bear, corroborating my recollection of forays I conducted just after Paulson tapped this "wet-behind-the-ears" pipsqueak for this interim post.

"HOPE NOW"  ― The John the Forerunner of "Making Home Affordable"

Kashkari was the genius behind Bush's HOPE NOW Alliance in 2007. (Again, it was already far too late to do much).  HOPE NOW looks like Obama's plan of today, only it "encouraged" mortgage lenders to restructure subprime loans voluntarily. Hank announced it in Oct. 2008 ― just after the takeover of Fannie and Freddie.

Like a McDonald's sign, the HOPE NOW slogan is "Over 1 Million Helped" ― when in fact, it just seems that they mailed letters about HOPE NOW to 1 million delinquent homeowners. 

Ha! How many subprime borrowers even live at the address? I hear story after story of mortgage lenders who convinced folks to take funds for homes they couldn't afford, then arranging a deal where they could buy a second home!

Ultimately, what HOPE NOW boils down to is a trademarked Hotline: 808-995-HOPE.  The number of calls fielded is what goes into the press release ― 1.2 million in 2008 ― not the number of workouts.

With today's new plan, we're stuck with dollar-for-dollar matching to encourage lenders to notch down their lending rates. Guess that's how the government can put its money where its mouth is.

We applaud Kashkari's immense ability to lobby a mere six years' work in finance to such a high position, and hope the Senate won't be asked to confirm him anytime soon.

How About Holding Someone Accountable?

Now, a chum of mine, who worked at Fannie circa early 2000, since retired in disgust. Why? Because he saw how pervasive the federally-mandated home ownership tyranny had become. It sickened him. Physically…seeing the heads of Fannie conduct their pep-talks and flash pocket-of-the-government comments. (I'll warn ya, we're getting him to write you a "chock-full-of-numbers" shot soon!)

Now, I'm all for buying a chunk of good land, planting a garden, and having a home of one's own. But I don't have my own house yet. Because the kind of house my income affords is in a neighborhood I can't walk unmolested in. Facts of life. I swallowed them.

I use my credit card for what I can pay off at the end of the month. And I resist the urge to "hope for better times" and shoulder a nice, hearty "American Dream" mortgage. Now if only about five million or so (giving cushion for those surprised by lost jobs, etc.) had been as grown up as me.

I presume the same toxic shenanigans my friend describes at Fannie were happening over at Countrywide…and we know how that one blew! 

So let's play a little round of "Where Are They Now?" before Gary pours our parting shot.

See What Countrywide's Iago Does Today: PennyMac

Fannie, Freddie, AIG, are just like blokes foisting a tin cup in our faces… And they've got just as many sob stories up their sleeves as you find in the savvy street bum ― the one you know is faking it.

Here's how it runs: 

"Got here on the bus, see. And I went to the hospital here (flashes ubiquitous pink or orange plastic bracelet). I'm trying to get back to the hospital, and I need some money for the bus.

"(We wait another minute to point out that said hospital is only 10 blocks down the street.) Now is when he trots out the wife or child in the background, hanging in the shadows on the street corner. "Me and insert name, we've just come all the way up from West Virginia…")"

Here's someone who's not holding out the cup ― because he's working the system instead ― and better than an welfare check recipient we know of. Stanford Kurland. And he now stands to mint millions from this home mortgage mess.

Don't know him? Mr. Kurland played Iago to Mr. Mozilo over at Countrywide Financial. His bag of tricks?

With the more than $200 million he netted from selling his Countrywide stock, and hundreds of millions raised from private equity giants like Blackrock, he's buying up the delinquent home mortgages that the government was forced to takeover from the likes of Fannie and Freddie ― we're talking for pennies on the dollar here.

So how's that for private enterprise making lemonade from lemons? I see it as reprocessing lemonade to shape something that looks, tastes, and smells like a lemon ― but ain't.

He's got this nice, glass-walled boardroom in L.A. for an outfit called PennyMac. 

Yes, PennyMac. The irony of the name makes my stomach lurch.

Can we say nothing about their abusive lending processes that gave some trash-compactor firm like PennyMac a raison d'ĂȘtre in the first place? And I can't help but want to stalk Mr. Kurland when I fly out to West next week and ask him about the proliferation of low-rate "teaser" loans at Countrywide starting back in 2003.

But he'll blame Mozilo, of course, and say it all went to pot in 2006. Yes, yes, businesses regulate themselves ― when those disgusted by bad business practice defect to create new businesses.

How's that for "growth?"

Of course our government will abet Stanford and friends' modus operandi. What choice does it have?

I leave you with this lovely quote from Depression-hardened investor Leon Levy:

"Business people who often sound like libertarians when markets are going up suddenly sound like socialists and beg for bailouts and protection from governments when the economy heads south."

500% Profit From the Media-Ignored Bull Stocks Market

"Don't get too used to cheap oil prices. They won't be around for long."

That's the warning we first shared with you three weeks ago -- when oil traded for $35 a barrel.

Since then, while virtually every media outlet exclusively focused on our financial crisis, oil prices quietly surged an astounding 28%.

And it's just getting started.

The truth is, our team of researchers recently confirmed that we're now in the early stages of another massive bottleneck in supply... one so large that we're realistically looking at $100+ oil -- within the next few months.

But as you'll see in your free report below, we also uncovered a rare investment tool that could pay you as much as 500% as it happens.

In fact, in the past two weeks alone, investors using this powerful tool already gained 34%.

In a market this gut-wrenching, you can't afford to pass this virtually-guaranteed money-making opportunity up.

Every November, the International Energy Agency (IEA) releases its World Energy Outlook report.

The 578-page document blueprints exactly where our future energy sources will come from and when - for leaders and elite investors around the world.

And they read it for good reason...

Since its inception, the findings within the pages have been so accurate that the annual report reigns as "the authority of energy analysis and projections."

In fact, many people today trust their report without question.

I just finished pouring through my copy.

It was handed to me after a fellow geologist, with first-hand experience in the Canadian oil sands, pointed out a shocking error - one that guarantees an imminent spike in the price of oil.

In short, the report claims that:

"Thanks to ever-dwindling supplies in the Middle East, the world will rely on Canada as the largest oil producing country by 2010."

It's been their same projection since 2006.

But there's just one problem.

The World Energy Outlook forgot the other half of the story...

You see, what you won't read in the report is that many of those companies we will rely on have already halted production in scores of their fields.

They were forced to postpone production as the price of oil crashed into the unfeasible $30 range.

Many projects, projects that were expected to seamlessly come online within weeks, are now months - even years - behind.

It's a supply and demand bottleneck we can't stop. And it's guaranteed to once again launch the price of oil violently back to the $140 plus range... very soon.

That's a 250% increase from what we're paying today. And that's a conservative estimate.

The good news is that we also, very recently, uncovered a secret investment - which most Americans know nothing about - that could hand you 500% gains as this spike hits.

And the best part is that it's not related to risky exploration or production companies, either. Instead, it's directly - dollar for dollar - related to the price of oil. Only this gem pays you DOUBLE the gains!

In fact, investors using this blockbuster already pocketed 34% gains - in the last seven days as oil popped 17%!

I've written this letter to give you every last detail on exactly how it works. But first, let me quickly remind you...

How The Smallest Supply Crunch Could Make You Filthy Rich

As you know, four years ago, a pair of hurricanes blitzed our Gulf Coast's oil and gas refineries, forcing our production to a crawl.

That instant, Americans witnessed the unthinkable... oil prices launch from $50 to over $70 per barrel.

It was the first lesson in a cold, hard truth... and what should have been the investment eye-opener of a lifetime.

We learned first-hand exactly how sensitive we were to the tiniest interruption - or even threat of interruption - in our supply.

And it broadsided almost everyone.

In fact, month after month, most so-called experts all over TV, from the CNBC analysts to Dick Cheney... even most Americans foolishly believed everything was fine. And that the price would soon tumble back down.

They were so confident that everything would immediately pan out that they did nothing. And it cost them - quite possibly the opportunity of a lifetime.

Do you remember where you were when gas suddenly hit $4.13?

Most of us sat back in shock and awe as daily gas prices became so painfully expensive that we were forced to cancel holiday and summer vacations... Going out on weekends turned into USA Channel reruns of Monk on the couch... And we only filled-up our tanks just enough to make it to and from work.

But not everyone...

You see, one small group of investors saw it coming from the start. They knew exactly how to play this "bottleneck."

And they played it for everything it was worth... churning winning trade after winning trade.

I'm talking about everyday investors - people like you and me, working long hours just to pay the bills - who saw it coming, suddenly found themselves collecting dozens of massive payouts, the likes of 33% in three months... 156% in 9 months... 611% in 6 months... 1,014% in 17 months... etc.

People like Norman Wilson, an insurance salesman and father of four, who turned a small $10,000 into $61,900 on just three plays during the bottleneck.

And then there's Bill Walker, a machine worker. He used this amazing opportunity to rapidly spin $15,000 into $65,400.

Even school teachers like Lee Davis took advantage of this opportunity and raked in a cool $12,500 profit - in a single week.

They didn't just take the safe - and highly profitable - road by investing in oil futures either... they took advantage of the scores of oil companies, spreading like wildfire, to our northern borders.

And their timing was perfect. Shortly after their positions were already secured:

Canada.com declared - "Energy Stocks Drive TSX Higher"

Fortune Magazine printed - "Canada's oil sands remain alluring as a future source of crude. Suncor (Research), the pioneer of Alberta's booming industry, has returned 142 percent since we recommended it."

Forbes noticed - "Gurus Fill Up With Oil And Gas Stocks"

Bloomberg reported - "Canadian Stocks Headed For Best Weekly Advance In Three Months... Led by materials and energy producers"

And with an estimated 1.5 trillion barrels locked under their soil, and oil prices skyrocketing faster by the day, Canada's low-priced outfits suddenly became the hottest investments since Exxon.

Investors in companies like Suncor, Grey Wolf, UTS, Conacher and many more - companies sitting on oil resources that we desperately need to come online as early as 2010 - easily raked in 200%, 300%, even 1,000% gains in a matter of months, as oil prices skyrocketed beyond $147 per barrel!

But By The Time The Easiest Money Was Made, Most Americans Catching On Found Themselves S.O.L.

Sadly, it took oil prices to break over $100 a barrel before most investors started realizing that they could have made an absolute fortune.

They missed the boat.

And those earlier investors - the ones who caught the first stages of a run - the ones who knew where the profits would be juiciest, started cashing out at the peak, just as our banking and economic crisis cranked into high-gear.

Then, of course, the weakened world-wide economy acted as the final bulldozer that toppled July's high of $147 all the way down to $33 a barrel by December 17th.

And while the average American rejoiced that - at the very least - gasoline was "affordable" again... something much more tragic - and much more profitable quietly unfolded.

You see, thanks to prices becoming too low, many of Canada's oil companies - resources that would supply crucially needed oil for the U.S. and rest of the world in a few months - couldn't stay in business.

And we need that oil, like a junkie needs his fix.

In fact, the U.S. depends on AND imports more oil from Canada than from Saudi Arabia, Kuwait, Libya, and Iraq - combined.

But one by one, we started finding major oil projects temporarily closing up shop. Drilling and refining stopped. Exploration and testing lost all capital. And their share prices ultimately plummeted.

Just to name a few examples:

StatoilHydro recently yanked the rug from under a $12 billion project in Canada's Peace River.

Both Nexen Inc and Opti Canada Inc were forced to halt advancement on major projects in Alberta.

Suncor, Canada's oldest oil sands operator, was forced to cut its spending by 33%, thanks to lack of profitablility with the current extremely low prices.

Oil giant Dutch Royal Shell's stopped work on several of their Canadian projects until prices regain strength.

The major partners in the proposed $24 billion Fort Hills oil-sands project in northern Alberta - Petro-Canada, Teck Cominco and UTS Energy - announced they may defer a decision to build an upgrading refinery northeast of Edmonton.

The list goes on.

As I mentioned earlier, within months, precious deposits of oil - even locations that were set to come online within weeks - are now months behind.

Some are trading now for a 90% discount.

But ironically, these outfits just created a powerful, self-fulfilling prophecy... an unstoppable bottleneck guaranteed to launch oil prices - very soon - through the roof.

And it's already started.

Your Second Chance To Ride One Of The Most Profitable Bull Markets In History

Don't let oil's current low price fool you this time.

Thanks to an already guaranteed shortage -- just around the corner -- these low prices won't be around for long.

Here are just a few more of the critical points from their latest report:

Global oil demand is projected to expand 2.2% a year, on average, reaching 95.8 million barrels a day by 2012, up from 86.13 million barrels a day this year. The forecast is based on global economic growth of about 4.5% annually. Oil demand is expected to increase most rapidly in Asia and the Middle East.

OPEC, which supplies more than 40% of the world's daily oil needs, will have little spare capacity left by 2012.

Increases from non-OPEC oil producers and biofuel producers should start flagging after 2009.

Natural gas markets will also be tight because of inadequate supply increases, limiting the ability of consumers to switch between oil and natural gas.

And that's just the beginning of the coming bottleneck. Here's what CNN recently reported:

And very soon, when word of the shortage hits, the exact same scenario that the hurricanes caused will already have started unfolding... only this time, the gains will hit much, much faster.

The smart money's already placing their bets.

They're already preparing to collect a fortune!

And if you're prepared, as I'll show you, step by step, in just one moment, you'll soon find that many of the very same companies that surged before will rapidly once again start compounding your wealth.

And here's the kicker:

This time, they won't need nearly as much capital to get started! Most of their infrastructure is already ready to go - and they're trading for just pennies on the dollar.

And if you think that's a juicy opportunity, let me show you how you could...

Collect Twice The Gains Of NYMEX Oil Traders... with One Simple, Yet Little-known Play

Listen...

We know oil prices are about to skyrocket. We know they're just around the corner. And we know that those slick traders playing NYMEX futures - guys who need hundreds of thousands of dollars just to get started - somehow always come out ahead.

But here's what you might not know...

Very recently, we've uncovered a rare investment that could pay you gains just as astonishing as any jackpot oil resource company out there - but without the risk!

Here's how it works.

You see, this special investment, which most investors know absolutely nothing about, doesn't even follow oil producers or risky exploration companies... it strictly follows the physical oil market.

And get this:

Thanks to the unique nature of this investment, you can actually get paid double the gains that oil makes!

In other words, a 10% gain pays you 20%... 20% gain pays you 40%... 100% rise in oil prices pays you 200%

That means, if oil shoots 50% this year, which is our gross-underestimate, you double your money!

If oil shoots up to the $70 range... every $5,000 invested suddenly turns into a $10,000 payday!

With oil trading in the upper $30-range, this unique opportunity doesn't get any easier.

Just imagine how much money you'll be sitting on when oil prices plow through the $140 a barrel mark!

I'm not talking about several years down the line either. We could realistically find ourselves staring right down the throat of $100 before January... $140 by next April... even $200 a barrel by the end of 2010!

Every last detail is spelled out for you in our latest report. It's called, Hotter Gains Than NYMEX Traders Could Ever Make. And I want you to have it for FREE.

All you have to do is test out our top-performing trading advisory, The Pure Energy Trader.

But before I divulge all the details about how to get started collecting a fortune in this Bottleneck Bull-Market, let me introduce myself and my team...

Introducing... The Pure Energy Trader

My name is Brian Hicks.

I'm the president of the investment research company Angel Publishing Investment Research. I've spent my entire investment career, going on two decades now, uncovering the market's best moneymaking trends and showing investors like you how to profit from the most undervalued opportunities in the world.

I've taken investment junkets all over the world... to historic oil boomtowns like Desdemona, Texas, to the Powder River Basin in Wyoming to Kiev, Ukraine. We've been to the heart of the oil sands industry, Fort McMurray in Alberta, Canada. I've been blown away by a wind park in Palm Springs, California. And I've seen first-hand the natural gas boom in the Barnett Shale.

My investment insights and ideas have landed me frequent spots on financial shows like CNBC, Bloomberg, Fox, CNN, Fox Business, and, most recently, C-SPAN... where I spoke on the energy markets and the U.S. dollar.

I'm not telling you this to be a showboat. But I want you to understand that it's this dedication and never-ending persistence that has allowed me to develop friendships and contacts with some of the best financial minds and industry insiders around the world.

And recently, it's allowed me to acquire a man who could easily be considered, with well over 1,153 successful trades under his belt, one of the best traders on the planet today.

His name is Ian Cooper.

And to get a better handle on why I cherry-picked Ian over any other research analyst out there, look no further than his track record...

120% on Royal Caribbean 

194.12% on QQQ

269.52% on On2 Technologies

270% on ONT

268% on CYD

206.33% on VTSS

246% on IPIX

233% on TLTCJ

515.38% on MQJSB

225% on ETGP

302.15% on ASTM

And that's just to name a few. Had I shown you all of his winning trades just for the past 2 years, it would be five pages long.

His off-the-charts accuracy for reliably reading the markets, matched with his winner-after-winner track record, have plastered his sought-after advice on the pages of numerous publications. He's filled columns from Investor's Business Daily all the way to Forbes.

He's also frequently appeared on investment shows such as Money Matters with Barry Armstrong and On the Money with Mike Stein.

In other words, Ian is the real deal.

In the past few months, I'm willing to bet that you've gained valuable wisdom just from Ian's dead-on articles in Wealth Daily or Energy and Capital.

He's spotted scores of blockbuster buy and hold opportunities. But it's his knack for finding rapid, explosive trades - just like the one that could pay you double the gains oil makes - that brought him to the Pure Energy Trader team. After all, he's constantly...

Picking The Best Trades... Trade After Trade

Since starting our hottest trading advisory, The Pure Energy Trader we've already initiated and closed 91 trades.

85% of them closed for massive gains! In fact, each trade - winners and losers - is averaging +24%.

In other words, you're more than doubling your money every four trades!

Even more amazing is that his tight-knit group of investors (of which I'll show you how to become a part of) only holds each one of these trades for about 24 days.

Sometimes it's a matter of hours.

That means, on average, you're doubling your money every four months!

I can't think of a single other investment opportunity on the planet that could deliver those gains... especially in today's unpredictable market.

And according to Ian, with energy prices about to launch sky-high, he's lining up more and more knock-em down winners that he's already set to alert you to the moment the time's right.

Now, I could go on all day detailing the fast-moving trades Ian has been making and the ones he can't wait to share with you soon. But here's what I want you to walk away with...

All of our winners have a couple of very important things in common...

They're all energy top stocks with enormous potential...

And they're all companies that our team of researchers closely follows on a daily basis.

And with a track record like that, even in today's market, investors are begging for more recommendations. Problem is for some investors, these recommendations, unlike the ones in many of our other services, aren't buy and holds, which may take up to three years to reach full value.

We're after the fast money. And with Ian following and executing the trades, the fast money is turning into the easy money.

And just to be clear...

"I just joined and the SPF puts are my very first trade using your services. Bought at 0.85 and it's now trading at 1.90... and 121% gain in 3 days... very nice." - NZ

No one is complaining at all about the track record for any of our buy and hold services. Nothing will ever change the fact that investors can make good, solid returns by maintaining a portfolio filled with top stocks we like for the long term.

But... the reality is you could make a lot more.

In some cases, over 300% more!

By not having a pure trading service - where we can get in and out quickly with 25 to 50 percent profits in just a few days - we're missing out on some easy money.

Just take a look at this scenario:

How Loosely Following Ian's Trading Research Turned $5,000 Into $58,913.14... In 6 Months

This is why you also need to be trading top stocks instead of strictly investing in "buy and holds." You see, with the right trades...

You don't need to start with a lot of money to make a fortune in the market... You don't need to have all your savings tied up in multiple investments for several years, either... You don't even need to find dozens of trades every year.

"You did a great job for me. Thank you very much. I made about $35,000 on IPIX but continue to hold on for another few weeks." - Nhan N.

In fact, all you needed to make more than 10-times your initial investment was to loosely follow seven of them.

Take the following scenario, for example:

On November 30th, 2007, Ian alerted his investors to an amazing situation in the solar market. A leading company, LDK Solar, announced the ground-breaking of their latest polysilicon plant - news of which, he knew would soon cause the share price to surge.

Because of his timely alert, his traders secured an entry price of $29.55.

And just five days later, on December 5th, he recommended they sell half of their position for a 49% gain. Two days later, the other half sold for a 41% gain - turning an initial stake of $5,000 into $7,250.

Then, just 12 days later, on December 19th, he showed them another explosive opportunity: An options call on China Sunergy, after news of an amazing deal struck with a German manufacturing company. 

Much like with LDK, readers took gains of 204% on the first half of their shares within six trading days. The second half claimed 141% after six more.

Suddenly, their $7,250 compounded into $19,756. It didn't end there, either.

On February 19th, 2008, he struck gold again. He alerted readers to what Ian called a "no brainer" with U.S. Natural Gas.

Like clockwork, two weeks later, his readers were sitting on an easy 80% gain as the first half sold... 140% gains on the second half, just a week later.

Within three weeks, your $19,759 turned into $41,488.13.

And then, on April 22nd, they were alerted to one of the many tiny oil and gas companies flocking to the riches within the Bakken oil formation.

Three weeks later, on May 15th, these hit-and-run traders sold their shares for an incredible 42% gain.

Today, that initial $5,000 investment - using just those seven alerts and reinvesting profits - is now worth $58,913.14! $10,000 would be $117,826.30 - all within six months!

That's the rapid-fire power trading offers you.

And I haven't even accounted for taking gains from the multiple other trades that Ian issued to his readers during that time... gains like 33% from Hoku Scientific in five days... 119% from Cree Inc. in six days... 118% from PetroQuest in 15 days... to name a few

Just imagine how quickly you can compound your wealth with gains that large - gains that fast - again and again.

That's the sort of hit-and-run excitement you should expect by joining Pure Energy Trader. You can make a fortune from several rapid trades.

You see, when you sign onto Pure Energy Trader, you're enrolling into...

An Exclusive Trader's Club Unlike Any Other

Unfortunately, the number of investors who can sign up for our Pure Energy Trader is strictly limited.

In order to make sure every one of our subscribers has the ability to get maximum value out of each recommendation, membership will be strictly limited to 2,000 seats.

... most of which are already spoken for.

The first time we opened this window, nearly half of those seats were gobbled up by our premium, profit-hungry readers in the span of a weekend.

So it's important that you act quickly if you'd like to get in.

"I am doing great in about the two weeks I have been following your trades. So far I have made the following: LEN: 52%, HOV: 41%, SPF, 131.25%, XLF: 88.8%, IMB: 37% and TOL: 100%" - BS

You see, we don't want 5,000... 10,000 people buying the best stock. If we allowed an unlimited number to join, we could easily push the best stock up several hundred percent. That would be a disaster.

But if getting rich doesn't bother you, and you're ready to follow Ian as he shows you the secrets to landing dead-on hit and run trades in this market, I urge you to join right now.

Get Ready

Another point I want to discuss is how the trades will be delivered to you. The trades will be sent via e-mail. No Faxes. That's because we want everybody to receive the trade at approximately the same time.

And just so that you don't have to recheck your email 10 times a day, we're also offering Pure Energy Trader updated VIA live RSS feeds - so you can get the alerts the split second they're available!

If you're comfortable with what I've said so far, I urge you to consider joining.

Again, I know this style of trading isn't for everybody. But by signing up for the Pure Energy Trader, you're elevating yourself into the top tier of the trading community. If you have second thoughts on the price or the frequency of recommendations, stop reading now... the service isn't for you.

If you're interested, welcome aboard. Let's get to work.

Now Listen Carefully

When you fill out the membership form (assuming there are remaining slots), you'll immediately receive a confirmation and a welcome letter, as well as a link to the Pure Energy Trader site where you'll be able to access every single one of the trades Ian issues 24 hours a day. We'll give you full instructions.

And that's not all!

You'll also learn about a secret investment that actually pays double the gains of any oil futures trader. All those details are in your free report, Hotter Gains Than NYMEX Traders Could Ever Make - just for trying us out. 

Plus, by signing on today, I'll also rush you a free copy of my latest book, titled Profit From the Peak.

In short, Profit from the Peak is a roadmap that shows you how to profit from the rise of oil prices.

In the book, my colleague, Chris Nelder, and I go into full detail on tackling the world's energy problems... and how investors can maintain financial security in the process. I can say with confidence that Chris and I know a little more about today's energy markets than your average "oil expert."

You see, Chris is a well-regarded energy expert who has designed and built dozens of solar energy projects. This is a guy who understands the energy market inside and out... from energy's worst problems to its brightest solutions. And for the last decade, Chris and I have preached that investing is key to solving the world's energy challenges... Investments in a multitude of energy practices and technologies that will wean us away from our dependence on oil.

But we're also quick to point out that this blueprint for success also includes the economic harvesting of remaining and unconventional oil sources.

And again, in addition to full access to our web site, along with your free copy of Profit From the Peak, the moment a new trade is bought or sold you'll immediately be sent an email and, if you elect it, the RSS feed (We'll show you how to quickly and painlessly set up your RSS feed). The reason we're doing this is - we want everybody to be on equal footing. Our trades could arrive any time of the day, from 9am to 8pm.

So it's imperative you follow the instructions. This way you'll get the trade... and you'll have ample time to execute it.

By now, I'm sure you're wondering...

How Much Does Pure Energy Trader Cost?

Truth is, this level of service is highly specialized. And the countless hours it takes Ian to find, study, and recommend just one of the trades he uncovers - as you can imagine - takes a lot of time, expertise, and resources.

He doesn't draw top stocks from a hat. He's not paid by other companies to recommend one over the other. His secret is that he's an insomniac, sleeping just three hours a night.

The rest of the time, when other traders and researchers rest, spend time with their family, and take vacations, he's intently focusing on the latest news, studying the markets, and developing high-ranking contacts.

That is, however, precisely what it takes in order to hold a track record as clean as Ian's... a portfolio that scores investors like you the greatest energy trades the market has to offer.

Now, I've seen other "experts" billing themselves out for several thousand dollars a day - and their trading advice can't tread water next to the winners Ian shows you on a weekly basis.

That being said, I wouldn't feel the least big guilty for charging as high as $5,000 a year for a membership to his advisory.

But I'm not going to go anywhere near that.

In fact, the normal membership price is $1,500 a year.

Pure Energy Trader's Bottleneck Bull-Market Special Pricing

If you sign on to the Pure Energy Trader today, you can save a full 33%, and join for just $999 this year.

I know for many of you $999 is a big lump of money to take down, even considering that many of you have made hundreds of thousands of dollars following our advice.

So here's the deal. We're also offering a quarterly bill program. If you choose that method, you'll be charged $275 every three months.

It's as easy as we can make it to get you on board.

Please keep in mind - we're capping Pure Energy Trader at 2,000 investors.

In addition, we want to make sure you're 100% satisfied. So, if for any reason you're unhappy with Pure Energy Trader, you can get a full refund at any time before the end of the first month of your membership.

After that, the refund is prorated.

But you have to act now. We fully expect every last seat to be taken in the next few days!

So if you're committed to capturing the rebounding energy sector's biggest profits, please do so quickly.

Guaranteeing The Best Stock Investment Opportunity

If you're one of Ian Cooper's readers, you could very easily be sitting on a boatload of new gains... as most others watch their losses pile up.

It's no secret Ian's been targeting financials and insurance companies, among others. And the profits he's helping his readers collect as a result... is simply astounding.

But his newest play is even bigger. Some would even call it unthinkable.

It takes full advantage of the banking and financial fears draining the markets right now.

We're calling it the "Armageddon Trade."

And we're looking at double- to triple-digit short-term gains... on both sides of this historic event.

Most investors, of course, are completely overlooking the opportunity to profit from this event.

But then again, Ian's readers aren't your normal investors.

Just wealthy ones.

Everything you need to know is in the new report he's compiled below.

All you have to do is read it, follow Ian's simple instructions, then sit back and watch...

When it comes to legendary American investors, Julian Robertson might be the least known.

But he's a titan.

Founder of the investment firm Tiger Management, Julian turned $8 million in start-up capital in 1980 into $22 billion by the late 1990s.

His current net worth? It's estimated at $1.8 billion.

And last week on CNBC, Julian revealed what he considers to be the single best moneymaking trade for the next few years... a trade that could easily return 927%.

He called it the "Armageddon trade," because this investment will soar in value as the U.S. economy falls deeper into the recession.

It's all based on the huge bubble forming in government debt. In fact, President Obama practically guarantees it... stating on January 6 that Americans should expect massive deficits for "years to come."

He goes on to say…

"We're already looking at [this year] a trillion-dollar budget deficit or close to a trillion-dollar budget deficit. Potentially we've got trillion-dollar deficits for years to come, even with the economic recovery that we are working on at this point."

Make no mistake - this is a bubble, infinitely bigger than the credit and housing bubbles before it. And it's already popping. When it bursts, it's going to burst wide open.

But if you get into Ian's trade today, you will make a killing.

How much?

Comparing the Bubbles

There's no denying it.

The U.S. Treasury bubble is on the verge of bursting at any minute.

When it does - I'm sorry to say - millions of investors who thought their money was safe are going to suffer.

But at the same time, one group of investors - led by Ian Cooper, will not only avoid this catastrophe... they'll be raking in triple-digit profits along the way.

And as the Treasury bubble explodes, Ian and his small but wildly successful group of investors will be getting rich... by effectively shorting the U.S. Government... taking lightning-fast profits on the order of 86%... 138%... 140%... and 220%.

Here's how it's going down:

As you know, Ben Bernanke, Henry Paulson and the boys at the Fed and Treasury are flooding the financial system with cash. They're slashing interest rates... and they're bailing out seemingly every big corporation that raises a hand.

It's almost as if Bernanke and Paulson are openly begging for inflation.

Take a look at another chart - this time showing what has happened to the U.S. Money Supply over the last two years...

The chart makes one fact very clear: The value of the U.S. dollar is about to take a very serious beating.

But hold on - we're just getting started.

This U.S. money supply chart includes only the very beginning of the more than $7.2 trillion worth of federal bailout money our government has committed to.

And it includes none of the proposed $775 billion stimulus package being pushed by President Barack Obama.

The simple fact is: The U.S. Government - at this very moment - is teetering on the brink of bankruptcy. And with each new federal bailout, we move one step closer to the potential downgrading of the U.S. credit rating!

And when that happens, you need to make absolutely certain that you have your investments properly protected. And at the same time, you want to make sure you're acting on Ian Cooper's laser-sharp trading recommendations... trades that have already brought his readers 2-month gains of 927% - in the face of a historic bear market!

On January 4, Ian Cooper released the first set of instructions to his readers outlining how they could profit from this enormous bubble in the Treasury.

And there's still time - if you act right now - for you to take advantage of Ian's advice.

This is an opportunity that Ian has been watching like a hawk for months. And he has told me privately that the opportunity exists for double- or triple-digit short-term gains... on both sides of this event.

In just a moment, I'll tell you how you can receive immediate access to Ian's most recent bulletin on this U.S. Treasury Bubble opportunity... and I'll also tell you how you can get Ian's advice with no risk whatsoever.

But listen - don't just take my word for it...

The U.S. Treasury Bubble Is Not Only Real... It's on the Verge of Collapsing at Any Time!

In the past few months, investors have raced away from top stocks, corporate bonds and commodities... and while scrambling for safety they've created an enormous bubble in U.S. Treasuries.

So much so, they drove the 3-month Treasury bill rate to negative territory for the first time since 1929, creating an over-inflated bubble set for failure.

And for once, it seems, the major media outlets seem to agree...

On December 15, the Wall Street Journal proclaimed: "In the wake of popped best stock, housing and commodity bubbles, some see a fourth bubble building - in Treasury bonds."
On December 12, a Dallas Morning News headline confirmed that "Treasury bonds have reached bubble stage."
On December 26, no less an authority than Bill Gross - a man the New York Times calls The Nation's Most Prominent Bond Investor - said that, "Treasuries have some bubble characteristics, certainly the Treasury bill does."

To be sure, here's how crazy the activity's been in the Treasury market:

On the very same day - December 9, 2008 - in which the rates on 3-month Treasury bills turned negative for the first time... the U.S. still sold $30 billion worth of 4-week T-bills at a zero percent rate.

Listen - you and I both know... that money is not going to stay parked in U.S. Treasuries forever.

At some point - most likely within the next few weeks - that money will begin pulling out of Treasuries... and back into equities.

And when that begins to happen...


 

POP!

Amazingly... millions of U.S. investors either don't see the coming danger - or they simply choose to ignore it.

But when this bubble bursts - and it's only a matter of time until it does - those very same investors who thought they were investing in a safe, secure investment vehicle are going to be wiped out.

So here's what's most important to you right now:

It's absolutely critical that you prepare yourself today for the imminent explosion of the U.S. Treasury Bubble.

Even better - there's one simple step you can take right now to put Ian Cooper's simple method for cashing in on the Treasury Bubble to work for you... and begin taking average short-term profits of 90% or more along the way.

How to Protect Yourself - and Profit - To the Tune of 90% Gains... as America's Next Great Bubble Explodes!

Now I understand - the idea of collecting short-term gains of 138%, 140% or 220% in this economy sounds, well... outrageous.

But it's not.

Investment guru Ian Cooper has been absolutely crushing the markets over the past six months - helping his readers turn the tides on the financial crisis.

And now, on the eve of the next - and potentially largest - U.S. financial bubble explosion...

Ian Cooper has just begun to release a series of URGENT short-term trade recommendations... trades that Ian insists have even greater profit potential than the triple-digit winners they've been taking to the bank over the past 6 months. Winners like...

3-day profits of 57% on an easy-to-execute energy trade...

138% gains - in just over 2 weeks - while the NASDAQ was tanking this past November...

156% gains in just 11 days as an emerging markets ETF plummeted...

140% gains in just 23 days on a natural gas play...

And 220% gains - in less than 2 weeks - while shorting the financial sector.

But those gains are just a small sample...

"Bought 3 contracts on the XXXX puts at 3.80, and exited at 15.70 - a 313% gainer. Not bad for an
18-day holding period." - GS

"Sold half at $9.20 for a 114% gain in 1 day on XXX." - NM

"I held on to your XXX trade for a 500%+ gain. Nice!" - EO

I'll tell you how you can receive Ian's latest Treasury Bubble trade recommendation below. But as I mentioned above, that's only the first half of our profit play. So allow me to tell you how the bursting of the U.S. Treasury Bubble will provide...

A Second Wave of U.S. Treasury Bubble Profits,Beginning in April 2009

How Ian Cooper's Readers Will Strike it Rich From This Bubble- Not Once... But TWICE!

Here's the beauty of the enormous bubble in U.S. Treasuries.

It means not one - but TWO - blockbuster profit opportunities for Ian Cooper and his readers.

Here's what I mean:

The enormous bubble in U.S. Treasuries is on the verge of bursting at any moment. And the very minute it does... Ian Cooper and his readers will begin collecting double- and triple-digit profits thanks to the first set of trade instructions Ian's just released.

The explosion of this next great bubble is inevitable:

As investors will begin selling their treasury holdings on news of a rebounding economy... they'll quickly pull their money out of treasuries and re-enter the stock market...

And once that happens, the recommendations Ian issued to his readers will begin skyrocketing!

 

Ian has alerted me that this explosion could produce returns even greater than the 927% he racked up in just 2 months as the financial and insurance companies began crumbling last fall.

But there's still time for you to act - and profit from what's only the first phase of this 2-part profit opportunity.

The second phase? It's simple: The party in US top stocks won't last long.

Because even though investors will burst the Treasury Bubble and race into stocks... they'll soon be sent reeling by the next, massive wave of the mortgage crisis.

Beginning in April, as roughly $500 billion worth of Option ARM loans begin resetting... we'll see a staggering rate of defaults.

It won't be pretty. Millions of U.S. homeowners will face foreclosure... and the potential damage could add up to another $1.5 trillion before all is said and done.

For investors, it means another steep decline in the Dow - potentially as low as 6,000 - and another race to the sidelines in search of safety.

And investors will look to Treasuries once again. When they do, Ian will be waiting for them, having kicked in part 2 of his two-pronged strategy for playing the 2009 U.S. Treasury bubble.

It's an opportunity to make triple-digit gains--on both sides of the bubble!

But you'll need to hurry - there isn't much time left before Phase 1 will have already passed us by.

Right now - as I write this letter - the clock is ticking down to another "trigger" that will set up the second phase of Ian Cooper's U.S. Treasury Bubble play... beginning in April 2009.

So why is April - just a few months away - so important?

That's when we'll witness the beginning of a nosedive that will send the DOW to 6,500... 6,000... or lower!

Just like the U.S. Treasury Bubble itself... the event that will begin in April 2009 is one that everyone should be able to see coming a mile away.

Now... by the time April rolls around, the U.S. Treasury Bubble will have already burst, as investors begin moving their money out of treasuries back into the equity markets.

Because of Ian's short-term focus, the double- and triple-digit gains from the bursting of the U.S. Treasury Bubble will already be in the bank by that time... and Ian will then position his readers for the second wave of this once-in-a-lifetime profit opportunity.

"The Next Real Estate Crisis"

"By April 2009, hundreds of thousands of option ARM mortgages will begin resetting, bringing on a fresh wave of foreclosures."

- Business Week, June 5, 2008

Here's what will happen:

Beginning in April 2009, hundreds of thousands of U.S. homeowners who took out "option adjustable-rate mortgages" (ARMs) will start to see their monthly payments skyrocket as those interest rates begin to reset.

You see - at this very moment, there are roughly $500 billion worth of option ARM loans outstanding in the U.S. These loans were especially popular during the height of the real estate boom, as they allowed buyers to enjoy low initial payments that would then "adjust" after several years.

But, hey, at the height of the real estate bubble, everyone assumed that home values would continue climbing, so there was nothing to worry about, right?

Wrong.

The real estate boom hit its peak in April 2004... and the majority of option ARM loans are due to begin resetting after five years. In other words... in April 2009.

In December 2008, investment fund manager Whitney Tilson told the 60 Minutes television program that he expected as many as 70% of these loans to default.

He also predicted that over the next four years, more than 8 million Americans will lose their homes to foreclosure.

And he estimated that the total damage from the collapse of the sub-prime lending market is already approaching $1 trillion... but the coming collapse of the Option ARMs and Alt-A loans (which were made to borrowers with low credit scores) could mean another $1.5 trillion in damage.

Let me put that another way...

We're already $1 trillion in the hole... and we're still not even halfway through this disaster

And it all begins to unravel in April 2009 - just a few weeks from now - when those Option ARM loans begin resetting.

Because here's what will happen:

* As we've seen consistently over the last year... the U.S. Government will step in and attempt to "bail out" the U.S. homeowner and prevent the onslaught of massive foreclosures...

* In order to do this, the government will be forced to throw even more money into the system... in what could end up being the most costly bailout to date...

* Once this begins, the stock market will take a nosedive - with the Dow heading to 6,000 or lower...

* Finally - and most incredibly - this latest huge increase in the U.S. money supply will put the United States in danger of having its own credit rating slashed!

"Here's how I did with your last two trades: AXPMQ, bought 11/12 for $2.50, sold 11/13 for $4.20 for a 68% one day gain. XJZMM, bought 11/11 for $1.56, sold 11/13 for $2.43 for a 56% gain in two days… Take care, Ryan..."

In fact, Moody's warned in January 2008 that "the U.S. is at risk of losing its top-notch triple-A credit rating."

And in August, The Kiplinger Letter reported, "The idea of the U.S. losing its AAA debt rating isn't far-fetched anymore. Standard & Poor's credit rating agency says the U.S. is taking on a huge risk."

A downgrade of the U.S. credit rating would spell immediate financial disaster - instantly crippling the new administration's ability to revive the economy...

And not to mention - the overall financial chaos created will help send investors fleeing from hot stocks once again and back into "safe havens" such as U.S. Treasuries.

So here's everything you need to know...

The Simple Steps You Can Take - Right Now - to Protect Yourself

Crisis? Try an Avg Gain of 58%!

One day, historians will refer to it as The Great Financial Crisis of 2008.

But even as we enter 2009, Ian Cooper and his Options Trading Pit readers are still cashing in on this crisis... making a mint... playing both long and short sides of the market.

It's the surest way to profit amidst the chaos.

And it's already paid off in a big, big way. In fact, over the past few months, readers have closed 39 wins out of 49 trades... enjoying average gains of 58%, even as the major indices whipsawed hundreds of points... including:

Lehman Brothers January 2009 10 put: 95% in a day

Lehman Brothers January 2009 10 put: 49% in a day

CurrencyShares British Pound 177 put: 26% in six days

Lehman Bros. Jan. 2009 10 put: 208% and 135% in four days

Morgan Stanley January 2009 25 put: 71% and 10% in two days

AIG January 2009 5 call: 125% and 100% in 12 days

iShares Emerging Markets 32 put: 71% and 157% in six days

Rest assured, Options Trading Pit will always play both sides of the market. It's the only way to win big. Whether it's another big corporation about to go down, or one on the verge of a breakout, Ian Cooper will find them. And you'll profit.

Simply follow Ian's lead and he'll show you exactly what to do, when to do it, and how to come out on top.

Within the past few days, Ian Cooper has written to me - and to his readers - spelling out precisely how he sees this nightmare financial scenario unfolding.

Simply put: the short-term future of the U.S. economy is dire.

But at the same time... Ian has also completed his due diligence on a method of profiting from the events that are about to unfold...

And he thinks the potential exists for even greater gains than the average 90% winners he's raked in over the past seven months.

By using one easy - yet powerful - "tool"... you can cash in as the U.S. Treasury Bubble explodes... and the U.S. Government continues its inevitable march toward bankruptcy.

This new method for profiting at the expense of the government's folly is remarkably simple to take advantage of - in fact, it can be executed with just a few clicks of the mouse or a simple phone call.

And I'm writing you today to tell you how you can get started right away.

In just a moment, I'll tell you how you can join Ian Cooper's amazingly successful group of investors - and begin raking in some extraordinary gains.

You see, even though the U.S. Treasury Bubble hasn't yet burst... Ian and his readers have already started banking plenty of double- and triple-digit short-term winners by cashing in on the demise of some of Wall Street's greediest companies.

In fact, over the past few weeks, Ian Cooper has been on fire - racking up triple-digit gains in just a matter of days with trade after trade...

That's why I love trading options...

And that's the beauty of Ian Cooper's Options Trading Pit.

Ian helps his readers play both sides of the market... and make an absolute mint in the process.

Would You Like to Double Your Money Twelve Times in Just Five Months?

Six Easy Trades... 927% Profits � in Just Two Months! #1 - On September 8, 2008 Ian Cooper saw the danger that still existed for Lehman Brothers and recommended buying put options on LEH. Just three days later, Ian cashed out half of his position with a 95.3% profit... and four days after that he cashed out the rest for gains of 207.8%!

#2 � On September 9, Ian recommended even more put options on LEH. Two days later, Ian cashed out half of this position with a 48.85% gain... and four days after that he cashed out the rest for gains of 134.5%! That means an initial investment of $10,000 � spread out evenly among Ian's two LEH put option recommendations � would have turned into $22,161 in just seven days... a total gain of 121.6%!

#3 � On September 16, Ian told subscribers: "Morgan Stanley could easily be one of the next to fall" - and he recommended buying put options on MS. The very next day, Ian told readers to cash out half of their position for 70.97% gains... and one day later he cashed out the remainder for an additional 12.9%. That's a 41.9% gain in just two days as Morgan Stanley got crushed!

#4 - On September 17, Ian correctly forecast a bailout of global insurance firm AIG and recommended call options on AIG. Just 15 days later, Ian recommended his subscribers exit half of the position and pocket their 125% gains... and four days after that, Ian cashed out the remainder for another 100%.

#5 � On November 11, Ian wrote to Options Trading Pit subscribers that "more (banks) will fall and fall hard" and recommended buying put options on the Financial Select Sector ETF (XLF). Just two days later, Ian wrote his subscribers again and instructed them to pocket their two-day profits of 62.16%.

#6 � On November 12, Ian recommended put options on American Express (AXP). The very next day, Ian advised readers to exit half their position... and putting their one-day gains of 70% in their pocket!

That adds up to cumulative gains of 927.48% � in just 66 days. And it happened during a stretch when the Dow Jones Industrial Average plummeted a whopping 31.8% � down from 11,600 all the way under 8,000 at one point!

Twelve different times over the last five months.

That's how many times Ian Cooper and his Options Trading Pit subscribers have doubled their money.

You read that correctly - in the face of one of the most frightening economic collapses this nation has ever seen... Ian Cooper and his followers have doubled their money a dozen times in the last five months.

In fact, here's what one member shared on a trade that just closed, in under 2 days:

"Ian - Great call on XXX my friend. My position in your recommendation has doubled overnight. In at $2.10, and the Jan 15 XXX calls now trade at $4.20. Well done, sir. I have a standing sell order for 2/3 of my position at 5 unless I hear from you earlier." - Todd S.

And since the launch of Ian's breakthrough trading service, he has delivered winners in 39 of 49 trades - a batting average of .58!

Even better - the average gain of those 39 winning trades is an eye-popping 90%!

But those gains - impressive as they are - are really just the tip of the iceberg.

Here's why: Ian Cooper has spent the better part of the past decade perfecting the art of trading options for triple-digit gains.

Over that time, he's shown thousands of investors exactly how to exploit carefully targeted market sectors for lightning-fast short-term gains... gains that prove to be several times larger than simply buying hot stocks alone.

It's his phenomenal track record of triple-digit, short-term winners that put Ian in such high demand from mainstream outlets such as Investor's Business Daily and Forbes... and on investment shows such as Money Matters with Barry Armstrong and On the Money with Mike Stein.

Truth is, people who follow Ian Cooper's advice make an immediate killing almost every time he alerts them!

And while millions of Americans have been in an absolute panic over our current financial crisis... Ian and his readers have been consistently raking in some amazing gains.

In fact, since May 28, 2008 he's led his own tight-knit group of investors to gains of 2,740% - and he's done it in a market that has been absolutely turned upside down.

"You have made me a ton of money over the last 5 years than any one else has. Following your every word, including stop losses, you've helped me turn $10,000.00 into more than $450,000." - B.A.

You see... the volatility we've seen in the markets over the past twelve months is actually perfect for options traders like Ian. It "turbocharges" the profit opportunities and delivers winners much faster than in the "old days" of two years ago or more.

The beauty of it all is that Ian's readers are just everyday Americans like you and me who have refused to become victims of the U.S. financial crisis... and have decided to take their investment future into their own hands.

People like Neil M., who recently used one of Ian Cooper's recommendations to collect $4,195 after a single trading day...

Or Bruce H., who collected an extra $5,000 inside 13 days by following Ian's advice...

Or Brian A., who, after months of following Ian's recommendations, turned an initial $10,000 into an astonishing $450,000!

Not a Single Recommendation Is Released Unless It Has the Potential for Short-Term Gains of 100% or More

So what is Ian Cooper's "secret" to making a killing for his readers with carefully selected options trades?

The truth is... there is no secret - just some good, old-fashioned, roll-up-the-sleeves research and analysis.

And fortunately for you - Ian handles all of the heavy lifting.

He sifts through general market analysis. He looks at the bigger picture. He finds what sectors will benefit from any situation. Then he scrutinizes hundreds of potential opportunities for his readers to invest in.

Once the initial analysis is complete, Ian then incorporates four specific indicators, including Bollinger Bands, W%R, candlesticks, and the news. Using just these four, Ian can call for tops and bottoms on indices, as well as individual stocks.

But that's just the beginning.

He then applies each one before ever making a decision. Every one of them has to align on a best stock in order for it to be considered for recommendation.

And even if all of Ian's indicators line up properly... he still won't recommend a single play unless he firmly believes it has the ability to return in excess of at least 100% gains - and in short order.

Obviously I've simplified things quite a bit here. But let's be honest - it wouldn't be fair for me to give away Ian's entire methodology in letter.

The simple truth is this: After sorting through hundreds of opportunities each week, Ian identifies the "best of the best" using his time-tested methods of analysis. Then... Ian goes one step further, insisting on providing his readers with only those opportunities that have the potential for explosive growth.

Imagine - instead of only pulling in marginal gains on stocks market that do well, say an 18% gain in 23 days, you could be sitting on 140% gains on the same stock during the same period!

All thanks to the "magic" of options trading.

And as we prepare for the inevitable bursting of the U.S. Treasury bubble, Ian and his readers will be right there to cash in on triple-digit gains the entire way.

That's why so many investors are right now craving Ian's advice. They know that, at this very moment, his options trades are the easiest - if not the only - way an investor can fight through these difficult times and come out on top.

In fact, just since May 28th, when he launched his Options Trading Pit service, Ian's portfolio has returned gains in excess of 2,740%.

I know. Options investing still might seem a little complicated... but it's actually much easier than you might think. And Ian goes to great lengths to explain to his readers every step of every trade.

And to make certain you know exactly how everything works, Ian has prepared a report with easy to understand explanations of all of his jargon so you can follow along with everything he might alert you to.

It's called Understanding Options for Maximum Gains. And it's yours absolutely free - the moment you decide to join Ian and his wildly successful group of investors as they make fortune after fortune in his hottest service, Options Trading Pit.

Make no mistake - the timing of this chance to join Ian and the Options Trading Pit couldn't be better. With the enormous U.S. Treasury Bubble set to burst on or before April 2009... there's a once-in-a-lifetime profit opportunity out there for those who know how to cash in.

But you'll only be able to cash in if you join us today...

Profiting From Government Intervention and Ineptitude to the Tune of 2,740%!

"Another excellent call. Can't wait for next week to see what the plans are. Options are the way to make a fortune if you have good advice." - JL

Now, before I get too far ahead of myself, let me emphasize one more time... We're after the fast money.

And with Ian following and executing his U.S. Treasury Bubble-related trades... the fast money is rapidly turning into the easy money.

That's why we launched this exciting service in the first place.

By not having a pure options service, especially in this crazy market - where we can get in and out quickly with 50% to 207% profits in just a few days - we'd be missing out on some easy money.

In some cases, over 300% rapid gains on stocks market alone!

But like I mentioned a moment ago - as a result of this incredible market we're in right now - Ian is issuing alerts rapidly... and as you've seen, sometimes they're only open for a day or two.

So it's imperative that you're able to act fast to get the quickest gains.

In and out. Take the profit and run. That's precisely the game plan that's made this service an incredible success.

Of course, if the number of trades bothers you, then this service simply isn't for you.

But if getting rich doesn't bother you, I urge you to join right now.

Lightning-Fast Profit Alerts

One more thing: your trading alerts will be sent to you via e-mail directly from Ian Cooper.

Options Trading Pit is not a fax service - instead, Ian uses e-mail because we want everybody to receive the trade at approximately the same time.

And just so that you don't have to recheck your email 10 times a day, we're also offering Options Trading Pit updates VIA live RSS feeds - so you can get the alerts the split second they're available! (We'll even give you simple, detailed instructions on how to set up and use your RSS feed within a matter of minutes.)

If you're comfortable with what I've shared so far, then I urge you to join us today.

Again, I know this style of trading isn't for everybody. But by signing up for the Options Trading Pit, you're elevating yourself into the top tier of the trading community - light years beyond what most unfortunate American investors can handle.

So if you're interested, welcome aboard.

How to Get Ian Cooper's Recommendations Sent Directly to You - Starting Today!

When you fill out the membership form, you'll immediately receive a confirmation and a welcome letter, as well as a link to the Options Trading Pit site, where you'll be able to access every single one of the positions Ian issues... 24 hours a day. We'll also rush you Ian's latest report, Understanding Options for Maximum Gains. We'll give you full instructions.

And that's not all!

By signing on today, I'll also rush you a free copy of my latest book, titled Profit From the Peak.

In short, Profit from the Peak is a roadmap that shows you how to profit from the rise of oil prices.

In the book, my colleague Chris Nelder and I go into full detail on tackling the world's energy problems... and how investors can maintain financial security in the process. I can say with confidence that Chris and I know a little more about today's energy markets than your average "oil expert."

"I started with $14,200. I paid for the service and 13 days later I earned the subscription fee back... and using your strategies I'm at $19,200..." - B.H.

You see, Chris is a well-regarded energy expert who has designed and built dozens of solar energy projects. This is a guy who understands the energy market inside and out... from energy's worst problems to its brightest solutions. And for the last decade, Chris and I have preached that investing is key to solving the world's energy challenges... Investments in a multitude of energy practices and technologies that will wean us away from our dependence on oil.

But we're also quick to point out that this blueprint for success also includes the economic harvesting of remaining and unconventional oil sources.

So to recap - once you sign up, you'll get immediate access to the Options Trading Pit web site... Ian's latest report... and a copy of Profit from the Peak.

And, of course, you'll be placed on the e-mail distribution list so you can begin receiving Ian's trade alerts - which can arrive any time of the day, from 9 a.m. to 8 p.m.

Now at this point, I'm sure you're wondering - with the explosive, triple-digit profit potential of every trade recommendation... access to Ian's complete trading history with Options Trading Pit... plus his latest report and a copy of Profit from the Peak...

How Could You Possibly Afford a Subscription to Ian Cooper's Options Trading Pit?

Let me be very clear.

This level of service is highly specialized. And the countless hours it takes Ian to find, study, and recommend just one of the calls or puts he uncovers - as you can imagine - takes a lot of time, expertise, and resources.

He doesn't draw top stocks from a hat. He's not paid by other companies to recommend one over the other.

His secret is that he's an insomniac, sleeping just three hours a night.

The rest of the time, when other traders and researchers rest, spend time with their family, and take vacations, he's intently focusing on the latest news, studying the markets, and developing high-ranking contacts.

That is, however, precisely what it takes in order to hold a track record as clean as Ian's... a portfolio that scores investors like you the greatest option trades the market has to offer.

After all, I can't think of a single other trader on the planet who's collected cumulative gains of 2,740% since May!

And with just one of Ian's most recent trades, you could have turned $10,000 into $22,161 in just seven days. Again... that's just with one trade!

That being said, I've seen other "experts" billing themselves out for several thousand dollars a day - and their trading advice can't tread water next to the winners Ian shows you on a weekly basis.

So I wouldn't feel the least bit guilty charging as high as $5,000 a year for a membership to his advisory.

But I'm not going to go anywhere near that.

In fact, the normal membership price is only $999 a year - only I'm going to make you an even better deal than that.

Our Lowest Price Ever - and I'll Assume ALL of the Risk For Your Subscription Cost

If you enroll in the Options Trading Pit today, you can save a full 20%, and join for just $799 this year!

I know for many of you $799 is a big lump of money to take down, even considering that many of you have made hundreds of thousands of dollars following our advice.

So here's the deal. We're also offering a quarterly bill program. If you choose that method, you'll be charged just $250 every three months.

It's as easy as we can make it to get you on board.

"I kept my stops in place and was closed out at 4.90. I had bought them for 1.75. 100 contracts... a respectable 30 plus thousand gain." - DF

In addition, we want to make sure you're 100% satisfied. So, if for any reason you're unhappy with Options Trading Pit, you can get a full refund at any time before the end of the first month of your membership.

After that, the refund is prorated.

But I know you'll be more than satisfied with the returns you'll be able to collect from Ian's deadly-accurate, short-term trading recommendations.

By taking this one simple step - and signing up for a risk-free subscription to Options Trading Pit - you'll be taking an important safeguard to protect yourself in advance of the catastrophe that lies ahead.

But also... with just a few easy-to-follow recommendations, Ian Cooper will personally show you how to take advantage of the impending explosion of the U.S. Treasury Bubble - and how to start profiting to the tune of double- and triple-digit gains as our next great financial bubble finally bursts.

Gain Profits From 2009 Top Stocks With Zero Stock Solution

I'll never forget what my dad told me on that cool autumn walk in 1976.

I was young and hardly knew anything about money... but it didn't matter. The secret was just that simple.

In easy, gentle words, he told me the secret that eventually could have made as much as $1 million in just five years. And nearly $2 million in under 10 years...

You could do that, he told me, without "buy and hold"... without waiting for the stock market to "wake up."

Years later, I saw his private method make vast sums of lasting wealth without buying a single stock.

That's why he called it the "Zero Stock Solution." And he taught it to me, all those years ago, on that brisk afternoon.

I had no idea how earth shattering his "Zero Stock" secret was until many, many years later.

But really, who would believe you could make multiple millions in the market without touching one share of the best stock?

Especially since he told me that you could fully harness the "Zero Stock Solution" to do it in ― get this ― about three minutes a day.

If this was a "job," it'd have hourly wage of about $10,400 an hour!

So you can see why I was skeptical... until I saw it work for myself.

The success I've found from dad's advice has shielded my family from great financial misfortune, and given us a life more comfortable than I'd ever dreamed of.

It can do the same for you, too. And I'll tell you how...

Dad Could Do It, But What About You and Me?

I always knew Dad could conquer the markets for outsized gains.

Ever since I was a kid, I saw him use the Zero Stock Solution to make fortunes for a small circle of private clients.

Take the Zero Stock Solution seminar he gave in the '50's; he charged $25 for three hours of information in a packed and stuffy hotel room.

A total of 22 people showed up.

Just 5 weeks later, some of the ones who followed his advice were as much as $50,000 richer!

That's over $300,000 in today's money. And as much as a 199,900% return on the attendee's $25 seminar fee just five weeks later.

Sure, I'd seen Dad achieve all of that.

But he was a genius. One of a kind.

That's why when Dad passed away ten years ago, some people thought no one could fill his shoes.

BUT... I plugged away at the Zero Stock Solution he entrusted to me. I had worked closely with him since 1995, and when he suddenly passed away, I knew I was prepared to step in and continue his service.

And you know what? The family secret worked, and then some. To the tune of $1,898,052 in just under 10 years.

I'll show you exactly how in a minute...But first let me make this clear:

"I tell you all this because Dad changed my life with the Zero Stock Solution.

He changed an awful lot of people's lives.

And as long as I can keep flesh and bone together, I'll keep that legacy of teaching people how to become millionaires going strong."

So (if you choose) I'm going to show you what's happened since I took over Dad's groundbreaking Zero Stock Solution.

Back on that walk in 1976 I never imagined this could happen.

But fast forward 33 years and here are the Zero Stock Solution gains I've found for readers. Unbelievable success for ordinary people, just like you...

How Dad's Secret Led to Success ― For Me and Hundreds Of Lucky Friends Around the Country

I took over the Zero Stock Solution in late 1999 ― right around the tech crash.

You remember those brutal days in the market ― and even though I'd been managing my own research company for nearly a decade, it was enough to give anyone pause...

But I took Dad's old family secret and plugged away at it.

And look what happened!

If you had put just $5,000 into every one of my Zero Stock picks since I took over from my dad, and rode it to its highest possible point, this is what you'd be sitting on...

In just the last three months of 1999, I recommended my first nine Zero Stock trades. Eight of them shot up. With just $5,000, you'd be up an extra $87,000 just 12 weeks later

In 2000, following my simple Zero Stock picks could have grossed you another $173,215, bringing your cash horde to $260,215

By the end of 2001, you could have nearly doubled your take again, packing on another $216,164 for a total of $476,379

And then for 2002, you could have tossed another $205,101 onto that pile of cash. You'd now be at $681,480

In 2003, you could have socked away another $189,463. That would take your Zero Stock portfolio to $870,943 in cool profits

In 2004, we hit the million-dollar mark. You could have used my picks to add ANOTHER $221,300 to your total, in a single year. You'd have a cool million dollars, plus ― for an added bonus ― $92,243 and change.

Not bad for a few years' haul, with barely three minutes of work each day... $1.09 million.

Yes, $1.09 million in pure cash profits.

Who would've thought I could do that, even with the power of the Zero Stock Solution?

Certainly not me... but I guess the old man thought different.

Yes, there were some huge individual Zero Stock high points that helped us get those big numbers. Like 1,011%... 898%... 1,202%... 472%... 858%... 589%... 838%...

We also had plenty of smaller, faster gains.

And sure, a few losers too.

But overall, even though about 15% of the Zero Stock plays I recommended didn't work out during that period... over 85% of them did, well enough to give us an average high point per play of 104%... well enough to turn your initial investment of $5,000 into as much as $1.09 million.

But it didn't stop there. I didn't think it could get any better, but it did ― in spades. Again, by putting $5,000 into each of my recommendations and riding each one to the highest possible point, here's how you would have fared:

In 2005, you could have followed my recommendations for $217,524... bringing your total to $1,309,767 by year's end

In 2006 there was another $150,375 haul by years' end, taking you all the way to a comfortable $1,460,142

In 2007 you could have reeled in another $202,635 profit from this easy Zero Stock strategy. That brings your portfolio to $1,662,777

And, for just the first four months of 2008, add a $235,276 cherry on top of that stash. That takes us to $1,898,052 total.

Since it would take incredible timing and phenomenal luck to get out at the best exit price every time, you would have realistically logged profits shy of these recorded best gains.

But even if you did only half as well... that's still an amazing $949,026 in the bank!

So, you see, the old man was spot-on with his Zero Stock Solution.

And if I can do it ― anyone can do it.

In fact, "anyone" does do it nearly every week of the year.

Here's how this no-hassle secret works for real people, all over the world...

How These Stellar Zero Stock Solution Returns Change the Lives of Real People

I can barely keep up with the letters I get about my readers who use dad's Zero Stock Solution.

Take this one for example: I used to think letters like this came once in a lifetime...

But now I know better.

Now, I get letters like that all the time ― from ordinary investors from all over the country.

Just look: they're seeing their money multiply two, three, even eight times or more.

If I didn't open the letters myself I'd hardly believe life-changing profits they report...

Hard cash returns for people just like you. Imagine what gains like this would mean for your lifestyle. If you started with a small $5,000 position...

Jim H.'s bold 300% gain means a new deck, a hot tub, a walk-in humidor, or your membership in a luxury golf course

A fat 92% return like Bill P. from California made more than covers your subscription with enough left over for a five-star weekend getaway

Or take Eddie L.'s amazing 750%...that huge cash profit could be your down-payment on a sparkling-new dream home for retirement.

You can buy all that stuff and more.

Or, you can save it for retirement, your kid's education... or use it as a base of wealth that could last for generations.

You could do all that and not even break a sweat. Just three minutes of your time each day.

I think that's why so many readers call this "the best decision they ever made."
And it's not just my readers. Take a look at what Wall Street experts and respected journalists say about that old Zero Stock family secret...

Why This Old Family Secret Has Stumped the Experts

Even before I made this knowledge available to ordinary readers, my time-tested strategy garnered praise from some of the top professionals in the industry.

For years Michael Green of Market Talk talked to all of Wall Street's top analysts and traders.

He was looking for something special. The strategy that really worked. The guru who really had the goods ― the most accurate guy on the Street.

What did he find? The answer might surprise you...

"Over the past few years on 'Market Talk' I've had the opportunity to interview Wall Street's major investment letter writers. Steve Sarnoff has emerged as the most accurate. He has truly made some astounding calls."

And it doesn't stop there... Richard Russell, editor of Dow Theory Letters and an old hand at best stock analysis, praised my technical research as "constitut[ing] an extremely valuable lesson."

It's not just journalists, either. The pros in the trading pits ― guys who could depend on my recommendations to feed their families ― tell us the same thing.

Bernard Savaiko, Senior Futures Analyst at PaineWebber, says I provide "a dispassionate approach to markets, with amazingly accurate results ― a must for traders."

The testimonials from Michael Green, Richard Russell and Bernie Savaiko are all from when I was starting out with my research company (prior to Options Hotline), and the kind words of those professionals helped give me the confidence to succeed.

I wish I could claim all the credit but I can't. I owe most of it to dad. But I'm proud to carry the torch, giving lucky readers the chance to become millionaires by using his Zero Stock Solution...

So just what was that secret he told me in 1976, and how is it that all these ordinary people have turned it into spectacular gains?

Now Here's Where I'm Supposed to Tell You the "Secret" Behind the Zero Stock Solution. . .

But you won't find it here in this letter.

That's not a sales come-on. I won't tell you even if you pay me big money.

You could pay me all the money in the world. You could shock me with an electrified cattle prod.

I'm not telling. Anyone. Ever.

But here's why you can reap all the benefit anyway...

Dad felt strongly ― I feel strongly ― that regular people should have the chance to profit from what we've been blessed with.

So, I use my proprietary "Zero Stock" method (combining the best of Western technical analysis with ancient Japanese charting techniques)... and send out specific plays for you to have a chance to gain your own million.

I hope you find that fair. Because you don't need to know how the Zero Stock Solution works to use it. In fact, using it is so simple it could take you only three minutes a day!

That's why every week I send out one Zero Stock play based on that secret dad told me 33 years ago.

I do all the work; you take all the profits...

Take a look for yourself: Here's my uncut track record since I took over from dad a few years ago...

*Occasionally, a recommendation moves out of range before it is published. In those rare cases, when recommendations are not "triggered," we exclude them from this track record. This service recommends opening positions and gives a general strategy to help readers determine a good closing point. The size of the potential gain is calculated using the highest possible exit point that option reached after the buy recommendation was issued.

**Gains and losses calculated based on a $5,000 initial investment in each play.

You're reading those numbers right: an average of 104% on every play. And that's over a total of 342 plays. For almost a full decade! I doubt you can find another analyst that has such a long term, profitable track record...

Now, how is it we can claim such a stellar achievement?

Simple. It takes just two steps...

1) I recommend that you buy a Zero Stock position

2) I give you a general strategy to help you determine a good closing point to take your Zero Stock profits

You use your own judgment in exiting a position.

That way, you're completely in control of your position and your risk.

You can make the most informed decision on when to take the best profits that personally suit you...

Because of this personalized exit strategy, I calculate my Zero Stock Solution track record based on the highest possible point the play hits after I alert our readers.

If you had the incredible luck and timing it would have taken to sell every one of these picks at that point since 1999, you would have cleared $1 million in only five years, like I showed you above.

Today, you would be up $1.89 million.

That's an average $15,817 in extra income every month.

Or $520 every single day of the year.

Since it's up to you to decide when to sell and you might choose to take a more conservative exit strategy, you'll almost certainly log sell prices shy of the highest possible gain.

But even if you were to do only half as well... $949,026 ― or $7,908 per month, or $260 per day ― still isn't bad. And those stellar numbers become even more shocking when you realize that it takes only three minutes a day to do all this...

There's only one investment that can deliver such enormous gains in so little time, and by now you may have guessed it: options.

That's why I call it the "Zero Stock Solution" - because you never need to buy stock shares to make consistent triple-digits gains!

Now, you've probably heard that options carry risks. And it's true ― any investment does. But options also let you do something most investments don't:

Here's exactly what that means: if the underlying stock moves 5% or 10%, the related options contract could easily shoot up 200%, 300%, even 500% or 600%.

If the best stock fails to move the right way, you merely write off the small amount you paid for each option (often pennies on the dollar) and that's it.

Your upside is many times your original investment. Your downside is never a surprise.

That's why it's quite possibly the best way to build lasting wealth with limited risk.

It's why it was so important for my dad to pass it on to me.

Now let's dig around in some actual trades to see how it's done in practice. I'll show you four specific Zero Stock plays I've sent to my readers at Options Hotline, the research advisory service my dad started and I've continued.

Here's a great example of the "Zero Stock Solution" at work: a pick that soared while the rest of the market was getting hammered...

"Zero Stock Wealth Strategy" #1: "Recommend Plays That Go Up Even When the Market Goes Down"

One great advantage of my system is it can make huge Zero Stock gains whether the market goes up or down.

When I predict a best stock will tank, I recommend you buy a put option on it.

The put option goes up in value as the stock's price goes down, so you win while the other guys lose ― all without the risk and hassle of selling short.

A few months ago, my proprietary forecasting method told me UPS was about to go down the drain.

That UPS option could have pulled in 1,011% for readers who followed my buy recommendation and got out at the best possible time.

Can you imagine making more than 10 times your money on a single play?

$5,000 would turn into $50,550!

And best of all, winning big Zero Stock gains when a company goes down is just as easy as when it goes up: the same three minutes of work each day. It's that simple.

Here are some more examples of maximum potential gains from an individual stock's falling price:

1,202% on GM puts

257% on Newmont Mining puts

210% on FedEx puts

168% on Caterpillar puts

87.5% on eBay puts

55% on Ingersoll-Rand puts

52% on Texas Instruments puts

And here are some puts on entire stock indexes that profit when the general market goes down:

189%, 45% on S&P index puts

253%, 25%, 135% on Dow Jones index puts

335%, 258%, 54%, 50% on long-term bond index puts

27% on Nasdaq index puts

This way, you can take advantage of every move ― up or down.

And you could still take outsized triple-digit profits in a market downturn.

In fact, here's how we did in two of the most challenging years in recent memory...

While the Dow, Nasdaq and S&P 500 All Lost Money in 2002. . . Our Biggest Winners Gained 170%. . . 186%. . . 212%. . . 292%. . . 360%. . . 858%. . . and 898%. . .

Remember America and the markets in 2002?

I sure do.

Enron was on trial. Global Crossing, ImClone and Adelphia were all under investigation.

Argentina's banks had just collapsed. A bomb had just gone off in Bali...and this whole mess in Iraq had just then started looming darkly on the horizon.

Not exactly the most stimulating times for stock investors.

But as tough as it might have looked for everyone else, you could have done extremely well that year... just following the options strategy I'm laying out for you today.

How well?

In fact, out of our 40 plays that year, 31 were winners... with an average highest possible gain of 103%.

By investing $5,000 in each of these plays and riding each one to the highest possible point, you could have ended the year ― one of the toughest in recent memory for regular investors ― UP by as much as $205,101!

In 2001, 37 out of 46 Winning Plays. . . And an Extra $216,164 for Your Portfolio

Even back in 2001, the same year as one heck of a lot of gut-wrenching news in the world... plus some very rattled stock markets... you could have turned an initial $5,000 investment into as much as $216,164... in a single year of trading. We made 46 plays total that year, 37 of them came up roses.

With an average maximum possible gain, on each and every play (with the few losers included in the calculation), of 94%.

Can you imagine if you averaged 94% gains on every play you made?

Thirty-five of those plays were double-digit winners... more than half of those plays returned better-than-50% gains... 16 of those plays were money-doublers or better... and at least five of those plays all returned better than 200%.

Just $5,000 invested in the General Motors put options play alone, the day after I recommended it to my Options Hotline readers, could have given you as much as a $60,100 windfall.

And quickly, too.

Now that the markets are tanking again, I expect you could have a field day with put options. And those would protect your downside.

Here's why: During the record-setting year of 2007, my average best possible gain was 113%. That's good. But in 2008 that record was 130%.

In other words, I did 17 points better in the biggest crash since '29 than I did when the Dow was at 14,000.

In both cases, my readers saw the opportunity for gains of better than double their money.

Up markets. Down markets. It doesn't matter: Because I'm not recommending a single share of top stocks.

Now, even with the incredible Zero Stock knowledge my dad passed on to me, once in a while a play doesn't pan out as expected. That's why the second thing my Dad told me is so important...

"Zero Stock Strategy" #2:"Your Gains Overpower Your Losses"

The second secret is the most important one.

And it's simple: Your gains overpower your losses.

You aim for a 60%-40% win-loss ratio.

You aim for bigger gains than losses.

Told you it was simple...but it's VERY important.

So let's drill down to some recent specifics...

Like I said, it's up to you to decide when to exit your play, and those numbers just represent the highest possible exit point. I send you the picks and give you general guidelines for making successful trades.

And with a record like that, you can win 60% of the time, lose 40% of the time, and still come out way ahead.

But if you do far, far better than that, like I have been giving my readers the opportunity to do for years with this time tested family profit key...well, that's just icing on the cake!

88%. . . 92%. . . and Now 100%   Win Record

A few months ago, I got a shocking call from my publishers.

They'd just checked their records, and found my picks had averaged 104% maximum gains since I took over from my dad in 1999.

Even more shockingly, my win record suddenly climbed from an already stupefying 92% in 2006 ― to a stunning 100% perfect record since the start of 2007. They were stunned.

But we checked the records and not a single pick had failed to gain value, or at least break even, at some point after I recommended them and before they expired...

I bet you won't find a record like that in the entire world of financial publishing.

Because of that I've been driven to get results like these:

92% wins against 8% losses, like I did in 2006...

78% wins against 12% losses, like I did in my least accurate year, 2001...

Or even an incredible 100% win record and no losses whatsoever, like I did in 2005, 2007, and in 2008...

That's why I say your potential gains could overpower your losses ― it's the secret behind the Zero Stock Solution.

And it's a secret that could be yours for no money whatsoever if I don't pass some pretty demanding thresholds. I'll explain that in a moment...

But that's not all ― not by a long shot. Here's another piece of father-son wisdom I need to tell you about.

"Zero Stock Strategy" #3:"Recommend Only Plays That Have a Good Chance of Doubling"

I will only send you options plays that I feel have a chance to double ― or more.

If I dig up something that promises to go up only 15% or 25%, I trash that play and look for something else.

Now, a gain is a gain. And I see nothing wrong with double-digit gainers.

It's just that I feel the risk in playing options is justified only if your potential gain is in the triple digits or higher.

The upside must clearly crush the downside.

How does it work in practice? Let's take a quick, specific look at one recent play...

In November 2006, I sent out this clear recommendation to my readers: "Buy the Bristol-Myers Squibb March 2007 $25 call for $115 or less."

As you probably know, a call option goes up in price if the best stock it's based on goes up. It's really that simple.

But the great thing about options is that the option shoots up far, far higher than the best stock does. That simple fact hugely increases your profit potential.

"Just how much profit potential?" you may ask...

Take a look. Here's what happened with Bristol-Myers Squibb after my specific recommendation:

The stock market went up a bit. But the call option exploded. That's the sheer power of the Zero Stock Solution.

It hit a high of 300% in just two months. That's enough to turn $5,000 into $20,000 ― with $15,000 pure profits in practically no time at all. Now you see how I give members the opportunity to make a great deal of money very quickly...

In fact, since 1999, I've pumped out 112 plays that topped out at a maximum of 100% or more.

So you've seen the power of options trading and how I used it to produce an average maximum gain of 104% over nine years.

Can you imagine the wealth you could make if every play you made more than doubled in value?

Well, now you can join a research service that has done just that for almost a decade!

That long-term consistency is why I'm so comfortable guaranteeing your money back if I don't surpass the very high bar I've set for myself. (Yes, I'll get to that very soon!)

And finally, let's go over the very last "Sarnoff Wealth Strategy":

"Zero Stock Strategy" #4:
"Be Consistent: Recommend Only One Play per Week"

This one's pretty simple ― but it's also important.

I constantly scan each one of the nearly 15,000 hot stocks on the U.S. markets all week long.

I crank away, batting around the numbers and boiling down the massive list of top stocks and indexes to a short list of the ones that seem poised to make a strong move up or down.

Then, I take this short list and apply my analysis to each possibility... cutting the list down until we have one single opportunity that I think will double or better.

So from the entire universe of stocks and indexes ― and options you can play on them ― I drill down to just one pick per week. I then send you an e-mail on Sunday night telling you exactly what the play is. That way, you have the time to look it over and place the order before the market opens on Monday morning.

And all that could be yours entirely risk-free.

That's how little you have to risk, and how much you have to gain.

Don't you think it's time to get in on the action?

Start Making Your Own Million-Dollar Plays Right Now: Consistent, Hefty Gains Over the Long Term: Options Hotline's   Performance Laid out Year by Year

Before we finish up, let's see just how the Zero Stock Solution my dad taught me has performed over my entire nine-year tenure with Options Hotline...

*Occasionally, a recommendation moves out of range before it is published. In those rare cases, when recommendations are not "triggered," we exclude them from this track record. This service recommends opening positions and gives a general strategy to help readers determine a good closing point. The size of the potential gain is calculated using the highest possible exit point that option reached after the buy recommendation was issued.

**Gains and losses calculated based on a $5,000 initial investment in each play.

Wouldn't you like to grab some of those gains for yourself?

You can! And it's easy.

One recommendation per week, one call to your broker on Monday morning, and then just three minutes per day tracking your positions.

Let's get down to the details of what you'll receive with your membership to Options Hotline:

Options Hotline Delivered Sunday Night via E-Mail

This is the very heart of the service, when I send you my specific play for the week.

Your one-page Options Hotline Alert is delivered Sunday evening in plenty of time for you to read it, digest the information and phone your broker first thing Monday morning if you want to get in on the action.

You'll find my recommendation of the week, written out exactly in words you could say to your broker, to ensure accuracy.

Midweek Updates on Open Positions

Since options can move fast, I also send out midweek update alerts every Wednesday so you can review again where you are on all of your open positions.

I'll talk about the direction of the option price, the underlying stock price, resistance and support levels (concepts thoroughly explained in your THREE FREE BONUS REPORTS), and where I see it all trending.

Important Bonus! Exclusive Free 24/7 Access to the Subscribers-Only Web Site

You get unlimited access to the Options Hotline Web site 24 hours a day, seven days a week. This password-protected members-only access is FREE with your subscription.

Here you can download the latest recommendations, midweek updates, and frequent alerts.

It's a valuable offer that can put you on the road to the next million dollars in options profit.

Look what Options Hotline has done for Randy Norton: "My first trade made me $6,540 in profits. You are the first newsletter I have tried out of hundreds that actually delivers what it promises." But wait ― there's more:

Subscribe now and I'll also give you...

3 BONUS GIFTS That Are Your  Crash Course on Options!

In addition to the comprehensive source of information you will find on our subscribers-only Web site, I'm offering you three FREE handbooks that will help you use the Options Hotline research service to its fullest.

Start your options education today with these easy-to-read guidebooks, both written in everyday English, so you're up to speed on options in no time:

1. The Options Buyer's Handbook

Click the subscribe button below to join and download this FREE handbook immediately. Inside its pages, you'll discover just what you need to know about buying options.

Learn the basics of options, how they work, when to buy and sell, and what it all means in this informative handbook... FREE and instantly available with your subscription.

2. Secrets of a Master Trader: Tips and Strategies for Making a Fortune in Options

The secret to winning at options is to keep playing. Options are not like the lottery or the luck of the draw (especially since I'm recommending what to buy each week).

To really succeed, you need a plan of action. And Secrets of a Master Trader is your playbook. It contains the secrets of two of the best options analysts the business has ever known...my dad, options genius Paul Sarnoff, and me, Steve Sarnoff.

3. The Options Hall of Fame

Of course, there's no better way to learn something than by doing it yourself. Second only to that is seeing what others have done in the past. And this is exactly what you'll find in this third FREE gift report.

I'll walk you through some of the biggest and best options plays ever made. Together, we'll take them apart, down to the nuts and bolts. Then I'll show you how they work by putting everything back together, step by step. You'll see unmistakable patterns of profit.

You can't get secrets like this at any bookstore or Web site or "learn to trade options" weekend seminar. They're reserved only for subscribers to Options Hotline. You'll receive these exclusive Secrets via e-mail the moment I hear from you.

Please don't pass up this chance to profit on the unlimited potential (but limited risk) of options trading with your subscription to Options Hotline.

Put briefly, here are the key benefits Options Hotline can offer you:

A chance to grow your money into as much as $1.71 million in
less than 9 years

More-than-double-your-money average maximum gain on
every single play

A chance for as much as 6 figures in pure profits every year.

How could you pass that up?

Especially when you can get your membership 100% RISK-FREE, my compliments...

Now, how can I offer this valuable information RISK-FREE?

Easy: If I don't give you at least one "doubler" every single month, you pay nothing.

Just check my recommended portfolio. After the first six months of your membership, if at least one of my recommendations per month hasn't shot up 100% at some point after I recommended it and before it expired, I'll refund every penny of your subscription.

I take on all the risk ― and I feel comfortable doing that as I look at our incredible long-term track record.

So how much is this unique offer worth?

You'd expect to pay $5,500... $7,500... even $10,500 a year to get options plays with million dollar profit potential like I just showed you. But you won't pay anywhere near that. Simply click the "Order NOW" button below to see your insanely low price for a guaranteed doubler every month ― starting right now.

So if you want a chance to hit the next million-dollar milestone... if you want to join the "Zero Stock" research service that averages maximum gains of over 100% per play... if you want the opportunity to see as much as six figures in profits per year... now's your time.

Baltimore Redux

Want to save money? Sell your house. Move to Detroit. The median house in the Motor City sold for $7,500 in December. How about that, dear reader? You can buy a house for the same price as the Dow stocks. A little low on cash? Put it on your credit card.

Of course, then you've got to live in Detroit. The papers report that life in the city is so grim 1,000 people move out every month.

We've never been to Detroit. Out of curiosity, we offered to take Elizabeth for a romantic getaway to Detroit for her birthday. Our offer drew this reply:

"Are you out of your mind?"

Poor Detroit. No one goes to the city for a holiday. Not even students. As near as we can tell people only go there if they have to. And then, they get out as soon as they can.

We can imagine what it is like. We lived in the Baltimore ghetto for nearly 10 years. If you want to know what it is like, there's a TV show that chronicles life there ― The Wire.

Was it disagreeable living in the inner city? No, it would have to undergo major improvements to be disagreeable. It was Hell. Drug dealers on the street corners. Trash in the alleys. Everybody with a pistol in his pants and a chip on his shoulder.

Elizabeth was once on the phone with her brother.

"What's that noise in the background?" he asked. "It sounds like popcorn popping."

"Oh, that's just someone shooting in the alley," Elizabeth replied. "I think they're trying to settle an argument."

We'd been there too long. Elizabeth hadn't even noticed the gunfire.

But it shows what government can do when it tries to fix a problem. In the case of Detroit and Baltimore, the government provided massive bailouts. Education standards collapsed...so the government provided money to the local education bureaucracy. Jobs disappeared (largely because people couldn't read or write)...so the government provided massive bailouts in many different bureaucracies ― training centers, welfare, food stamps. Pretty soon, the only industry left was the welfare bureaucracy.

We don't know how it works now, but when we lived in the ghetto a girl's best career path was promiscuity. She got more money with each child she had...provided, of course, that the father didn't take responsibility for it. Then, the child grew up...took drugs and stole cars...until he got sent to prison. One problem led to another ― but it could all be traced to the government's giveaways. They had the same effect in Baltimore as they had in Burkina Faso. The political elite took the money and lined their pockets...the masses become more miserable than before. And the worse conditions got, the more money the cities received from federal bailout programs.

Baltimore is still in business. But from what we read, Detroit sounds like it has become a kind of Port-au-Prince with snowdrifts. The whole city sounds like a hellhole without the warm fires.

And now Obama is proposing to make things worse. More bailouts...more giveaways...more programs...more bureaucrats... Already, the "rich" support whole sections of the population. Obama says he will raise taxes on "the rich," creating even more parasites. Of course, who cares if the rich have less money? They will still live in their leafy suburbs and send their children to private schools. But pity the poor parasites.

Neither Mr. Obama nor none of the candidates for Mayor of Detroit (the last mayor is doing time in a federal penitentiary) has asked for our advice. We will give it anyway. Want to save Detroit? Here's how:

Abolish all welfare of all sorts...no unemployment insurance...no child tax credits...no welfare...no foods tamps...no nothing, except privately-sponsored charities. Close the public schools. Kick out all the bureaucrats and all federal and state employees. Abolish all rules concerning employment ― no minimum wages, no overtime, discriminate all you want. Require all residents to say please and thank you...dress properly...and sneer at people who don't seem to be gainfully employed or polite. Declare the city an Open City and Free Trade Zone. In exchange for cutting all federal aid programs, eliminate federal and state taxes for people living in the city. Allow unlimited immigration into the city...giving all immigrants a U.S. passport after five years of residency. Levy a flat 10% tax to pay for basic services. Eliminate elections...have the city controlled by a town council composed of 1 0 citizens chosen at random.

Within five years, Detroit would be the most dynamic city in the nation.

 The Whiskey Bar borrowed this article from our friends over at the Daily Reckoning, whom we enthusiastically recommend.

I addressed this very theme in one of my first articles for Whiskey. I blamed the government, too, but that should come as no surprise to any of you Shooters. I got some e-mail responses to that one that insisted Baltimore's problems ran a bit deeper ― on a genetic level. 

"Look at the ethnic majority in the most blighted cities," they said. "Notice anything?"

Correlation is never causality, though it may leave lingering suspicions. I'm sure dependency and criminality can be bred, but I suspect they're much easier simply to encourage…with the right sort of government inducements. The state will nurture the sort of iniquity in the human soul that even wanton and cruel Nature won't.

A Shooter asks:

"What are your thoughts about the risk of physical gold and silver being confiscated by the US government? Do you have suggestions as to how to best purchase in a manner that is not so trackable? Appreciate the perspective as always."

Excellent question. You could just ask your any prospective sellers whom they inform of any transactions and how much detail they give, and then take them at their word. Then act accordingly.

The entire point of saving in gold and silver is to avoid the stealth tax of inflation. Yet the feds have the nerve to call that sort of thing a "capital gain" and insist on taxing you for not letting them leach away your purchasing power. Sometimes, they just insist that you hand them the gold and silver outright.

No good can come of bowing to tyranny, of allowing the state into your home and private affairs…like which substances you put into your body or how much money you make. But that ship sailed a long time ago.

So when they come for our gold and silver, will anyone resist? What about when they assign us all housing and tell us where and when to report to work?

See you on the farm, Comrade.

Worried About the Economy?

Are you concerned about your financial future? Or maybe you're worried that the world just isn't safe anymore…

If so, you're not the only one. In fact, people across the country are feeding their fears by purchasing firearms…

Take Florida, for example. Floridians are applying for concealed weapons permits in record numbers ― and the state government is buckling under the weight of a massive backlog of concealed weapons permits, according to the St. Petersburg Times. The state has even been forced to hire more than 60 temporary workers to deal with the flood of applications.

But it doesn't seem as if law enforcement is interesting in quelling the panic. "Once the economy gets bad, crime always goes up," a police officer told the St. Pete Times, "People get desperate whenever things are not going the way they feel like they should be going, and they'll do things they normally wouldn't do."

Crime isn't the only factor driving sales. In several news accounts, gun buyers have said they're buying now because they fear stricter gun laws are inevitable under the new administration. 

This gun craze is especially interesting since firearms have long occupied a relatively stagnant market space. Take rifle production, for example. From 1973-2005, the number of rifles produced each year decreased on average 3.8%. Shotgun production dropped on average 2.9% for the same period.

Revolvers have seen their production numbers dropping at an average of 4.6% a year. The only segment of the U.S. firearms industry that's actually growing is pistols. Its growth is a 1.9% average each year. Not much to get excited about here…

However, sentiment is rapidly changing. And we think you should seriously consider firearms. No, we're not advocating the purchase of guns… Instead, you should check out a couple of small-cap gun makers. These companies have withstood the test of time. Now, they're enjoying more publicity and rising share prices…

First up is Smith & Wesson Holding Corp. (SWHC: NASDAQ). This company has been making guns longer than any of us have been on the planet. It's also a trusted brand that has expanded its offerings over the past few years…

After a tumultuous few years, the best stock has posted a strong 2009. Shares are up about 80% since Jan.1.

The gun maker has big plans. Smith & Wesson has moved into the rifle market and wants to take full advantage of this expansion. In February, the gun maker announced it plans to nearly double its annual revenue and improve margins and market share over the next few years.

Sturm, Ruger & Co. (RGR: NYSE) shares have enjoyed similar success this year. As of this morning, the best stock is up more than 80%. The firearms makers reported huge increases in revenue and backlog during Q4, and several analysts have upgraded the best stock to a strong buy.

Ruger stock might even be too hot to handle right now. It's posted most of its gains in just a few weeks. Short-term technicals show the best stock is way overbought, so it might be best to wait for a pullback before jumping in…

Top Stocks Pay You Income Legally…

If you're not using this one simple move to multiply normal dividend payments by as much as seven times over, you're missing out…

You could've used this move on Wal-Mart for example.

They'd have paid you a total of 95 cents per share in dividends over the year.

So owning 1,000 shares would have made you $950 — or $79 per month.

In a downward market, that's not bad...

But it's not enough for you and your family to live on.

By making the one simple move that I'll tell you about in this letter, you could have used your 1,000 Wal-Mart shares to pay you:

An extra $550 on February 4th

An extra $1,430 on May 1st

And an extra $3,850 on July 8th

That's a total of $5,830.

Add that to the normal dividends and you're up to an average of $565 a month worth of work-free income — a whopping seven times more than the normal shareholders were paid!

Owning 2,000 shares of Wal-Mart and applying this "income on demand" move would have paid you an average of $1,130 per month… for the past 12 months.

And let me be clear — this additional income has nothing to do with selling your stocks, buying bonds, or even buying stock options.

Even better, this one simple move lets YOU decide how much stocks could pay you in work-free income. And lets YOU decide when you get paid.

In fact, this income secret is so powerful that I've recently decided to publish a new high-end research service dedicated on showing you how to apply this one simple income-multiplying move.

And I'm not the only one who likes this strategy…

The New York Times says, "this is an excellent strategy to use in up, down and sideways markets. This is a strategy used to reduce risk and generate income...

Smart Money Magazine agrees, too. Saying, "[This strategy is] a way to have your cake and eat it..."

CBS Marketwatch claims, "One interesting twist on [this strategy] is that it can turn a non-dividend-paying stock into a dividend-payer…"

Come the beginning of January, readers will pay $1,495 a year for this new "Income on Demand" research service.

But as long as you're one of the first 428 people to respond to this letter you'll receive a free subscription to our new "Income on Demand" service… for life.

Before I tell you how to claim your spot, let me show you another example…

How to Force Any Stock To Legally Pay You Income…

Even if they Never Pay a Dividend!

Apple Inc. doesn't pay a dividend.

Yet by owning 1,000 shares of Apple and applying this "income on demand" move you could have legally:

Gotten paid a nice $2,690 "On Demand" payment on April 7th

Demanded a massive $14,600 payment on April 25th

And pulled in a whopping $13,700 work-free income check on October 20th

That's a total of $30,900 of income from the Apple stock.

Or an average of $2,582 a month.

All while normal shareholders received not one cent.

That's the best part.

Even if a stock has been recently forced to cut its dividend, you could use Income on Demand to make sure you get paid a monthly check.

Better yet, even if a stock has never paid a dividend, Income on Demand will show you how to legally force any stock to help pay your monthly bills.

And best of all, even if you find those rare recession proof stocks that won't have to cut its dividends, you can use Income on Demand's strategy to multiply their income payments seven times over.

So how did I discover this secret to generating income?

Seven Months After Hiring Our Newest Options Guru…He Showed This Income Secret To Me In A Private Meeting

You may already be familiar with options guru Wayne Burritt…

As editor of our Easy Money Options newsletter he's shown subscribers gains of 37% on Financial Select Puts, 89% on Proctor & Gamble calls, and a nice 169% by playing S&P 500 puts.

All in the short 7 1/2 months that we've been publishing his service.

But what most people don't know is that Wayne's been working behind the scenes to launch a new, work-free high-end service designed to show you how to multiply a normal monthly portfolio income by up to seven fold — simply by making one easy move when you get in on a stock.

And while other readers will pay $1,495 a year for Wayne's new research service, you can receive "Income on Demand" for free, for life.

What's the catch?

To claim your free subscription, you have to be one of the first 428 readers to respond to this letter. I'll explain everything in just a moment.

But you'll have to hurry…

Over 884,360 people will receive this letter. That means that less than a tenth of one percent will be able to claim a free subscription.

And that's just one of the two new high-priced research services I'm giving away to the first people who respond to this offer.

Here's the second…

Master FX Options Trader  : The Easiest Way to Hop Aboard The World's Largest and Fastest Money Train

Hidden behind the daily gyrations of the stock market is a financial mammoth: the Foreign Exchange currency market.

Just under $4 trillion dollars a day switches hands in the FOREX markets.

That's 40 times bigger than the U.S. stock market.

And today marks your chance to hop on board this money train!

But before we go any further, please allow me to be very frank — currency trading isn't for everyone.

Currency traders talk an entirely different trading language... they stay up all night paying attention to overnight markets... and they have to be willing to trade four, five, even 10 times a day.

I suspect that that's not the type of life for you.

That's why we've spent the past five months perfecting a much easier currency options strategy that could let you make money from the FOREX market while still sleeping easy at night.

We're calling the service Master FX Options Trader.

Consider it the "everyday Joe's" way of getting your slice of the currency market pie.

Our analyst extraordinaire at the helm of this strategy, Bill Jenkins, has already shown his beta testers how to play Euro puts for 23% gains, British Pound calls for 33% gains and Pound calls again for 100% gains in just 24 hours!

All without ever having to learn the complicated terminology behind the FOREX market.

And the ease of the system is already showing — the glowing testimonials from beta testers have been pouring in:

Thanks for another great option call! I got my position on Wednesday at $3 even, per contract, and sold in the last 30 minutes of trading yesterday for $3.90.

30% in 48 hours - nice!

— J. M.

P.S.: I am interested in the FOREX spot market, but that takes some attention that I am not always able to give. The [FOREX] option trades have been easier to handle.

I sold the two Euro $129 puts at $3.80 for a profit of $208.00! Keep this option train going!

— P. G.

I made 27% on my first currency option trade. Even though I kept the size of this first transaction small to gauge your service, I made $325 which was a psychological boost in this current bear market.

— M. M.

When we launch Master FX Options Trader later this month, your fellow readers will pay $1,495 per year.

But as long as you're one of the first 428 readers who respond to this letter, you'll also receive this service for free, for life.

Why am I willing to give away these brand new services for free? And why to only the first 428 people who respond?

Allow me to introduce the Agora Financial Reserve.

A Hushed and Private Invitation FOR YOUR EYES ONLY. . .

The Agora Financial Reserve is the most intimate, elite inner circle out of our 135,000 paid subscribers.

The Reserve is simple: You get every single newsletter, "VIP" stock research service, and fast acting options research service Agora Financial currently publishes for as long as we publish them.*

You also get almost every single product we launch in the future. You get almost every single special research report we write. For as long as we publish them — or for as long as you want.

*With the exception of Bulletin Board Elite and The RichebÀcher Letter.

And you get all of that — for life — for less than the cost of one year of all of those services.

What newsletters and research services am I talking about?

You'll receive these investment research newsletters: the world-famous Outstanding Investments, Capital & Crisis, Easy Money Options, Penny Stock Fortunes, and our soon to be launched Lifetime Income Report.

On top of that you'll get our high-end VIP "special opportunity" monthly stock research services: Energy & Scarcity Investor, Mayer's Special Situations and Breakthrough Technology Alert.

You'll get our fast-paced, intensely profitable option research services delivered direct to your e-mail inbox: Resource Trader Alert, Options Hotline, Gold & Options Trader, Strategic Short Report…

And you get both of the brand new, high priced services I just told you about: Master FOREX Options Trader and Income on Demand.

That's not all, of course — Agora Financial has unveiled some insanely beneficial services exclusively for Reserve Members...

First and foremost, we have created the "World Travel to Profits" program. We scour our worldwide network of insider contacts looking for under-the-radar investment opportunities, in everything from local stocks to real estate. Up until now, whenever our analysts came across one of these deals, we had to sweep it under the rug. They were just too small to share them with a large audience.

Those tiny, yet possibly highly profitable opportunities, were some of our main motivations for creating the Reserve service — so sophisticated individuals could take advantage of the same microscopic, under-the-radar international opportunities that we always found intriguing, but never had a small, intimate enough forum to release them to...

And there's one benefit to the Reserve that's entirely new to the independent financial publishing industry... a benefit all of our editors agreed on when we formulated the Reserve.

This advantage is called the Legacy Program — but before I tell you more, let me make it perfectly clear why I'm honored to invite you to become an Agora Financial Reserve Member today.

THIS INVITATION WILL NOT BE SENT TO THE PUBLIC

There are two strict reasons why we will send this invitation only to loyal readers like you.

First, because I can reward only people who are already familiar with our research with these two brand new $1,495 services.

Second, because there are so few Reserve Memberships available, the invitation can go to only a dedicated Agora Financial reader like yourself.

For that reason, I respectfully ask that you do not forward this e-mail to anyone else.

But exactly how few Reserve Members can we accept?

** Invitation Limited to the First 1% of Existing Readers**

Only one in 100 of existing Agora Financial readers may join... If all of our readers knocked on the door, 99% of them would have to be turned away!

It's not that we're being snooty or unfair. We simply know that some of the profit opportunities that we will research and present to you are too small and sensitive for too many people to know about.

That's why we picked the 1% threshold — we want to see what will happen when a small group of serious individuals gets hold of nearly every single profit opportunity that we know of.

Exclusive Benefits That 99% of Our Readers Cannot — and Will Not — Ever Profit From

We must limit the available seats in the Reserve to 1% of our readership. Membership is first come, first served.

If we do eventually permit more folks into the Reserve, the price could go up by as much as $2,000.

And, that's a BIG "if." We may never extend another invitation. It depends 100% on how the Reserve Members' interest affects these infinitesimal underground opportunities...

There are two unbreachable limits placed on this invitation.

I just told you about the 1% limit. But we also have a limit in time.

This application period for new Agora Financial Reserve Members expires immediately on midnight, Jan. 1, 2009.

We were compelled to do that so we have a clear cutoff point to see how these new services perform with so many new members.

But please don't make the mistake of thinking you can wait until Jan. 1.

I fully expect to fill our 1% limit long before that day rolls around. But let's quickly return to that lifetime research that I want to send you...

A Lifetime of Profitable Research. . . For Less Than the Cost of Just One Year!

You'll have a lifetime of our fast-paced trading research services, stock recommendation newsletters and other independent research — on top of the various new services and reports that we will unveil in the future — for far less than the normal price you'd pay for one single year.

You'll benefit from far more than our world-class newsletters and trading research services, though.

You'll be the first potential beneficiary of the exclusive "hush-hush" opportunities that, before now, were far too small and sophisticated to share with a large group of people. That's one of the main reasons we decided to hit the ground running on the Agora Financial Reserve — we want to introduce you to tiny, unknown opportunities.

Opportunities that we hear whispered from our extensive network of insiders. Previously invisible opportunities that we unearth with our own research.

(The invitation I'm extending, however, can last for far longer than a lifetime, as I will show you in one moment.)

First, I'd like to introduce you to some of the specific benefits entitled to Reserve Members:

You Get All of Option Plays for Free for Life. . .

When you accept this charter invitation to the Reserve, you will immediately lock into each and every one of our aggressive and profitable option trading research services.

Services that have recently brought in these gains: 100% on British Pound calls in less than 48 hours, 195% from sugar calls in only 20 days, 173% in 104 days on Systemax puts, 1,011% on UPS calls after holding for just over four weeks and 611% in three months from Newmont Mining...

Resource Trader Alert: 15 of 17 in 2008, Average 2008 Gain is 91%!

Resource Trader Alert uses our addiction to commodities to help you benefit from the world of commodity options.

And the publication has one of the best records that I've seen after 18 years of independent investment research publishing.

Since 2005, 82% of the total number of closed commodity options recommended in Resource Trader Alert ended up winners. And over that same time we've averaged 63% per recommended play, including losers.

That's one heckuva streak, and it shows signs of only continuing...

So far in 2008 we're 15 of 17... with an amazing average gain of 91%!

Here are some of the recent gains from Resource Trader Alert's commodity options recommendations:

108% on Feb. 12 2008, from sugar calls

195% on Feb. 26 2008, from sugar calls

220% on Feb. 28 2008, from a silver spread

107% on April 17 2008, from a gold spread

114% on June 25 2008, from a soybean spread

189% on June 26 2008, from a corn spread

107% on July 14 2008, from a gold spread

186% on Sept. 22 2008, from the short leg of a bull gold call spread.

You know that oil and gasoline prices have shot steadily up. And you can be sure Resource Trader Alert will be there to deliver on some aggressive gains on crude and gas options. In the past, our readers have seen:

Crude oil calls held for 20 days, for 119%

Unleaded gas calls held for one month, for 17%

Crude oil puts held for three weeks, for 39%

Crude oil spread held for just over three weeks, for 27%.

Resource Trader Alert's record shines just as impressively outside of the oil and gas market, though.

We rode corn straight up in late '07, when our recommended corn call soared 74% skyward in 19 days. Even at this obscene level of gain, we still thought corn would shoot up some more — so we recommended that our readers sell just half of their position.

Exactly 49 days later, we recommended that our readers sell the second half. Lucky them, bagging 219% on that second half of their corn calls in just over two months.

Please wait. Here are some more:

400% on silver calls

241% on wheat calls

270% in 30 days from a simple coffee call

120% from live cattle (yup, that's right — from options on 1,000
head of cattle!)

154% in 34 days from an easy-to-follow cotton call.

Resource Trader Alert is your way to learn how to play the quick, strong price changes in commodities. And — it's easy. You can do it from home, with a multitude of brokers, just like buying stocks.

I bought 3 silver spreads...My calculations show a gain of about 1500% from my initial price. My two best current holdings...are cocoa, up 335% and wheat, up 320%.

So here's a brief history. I subscribed to RTA in Dec '05 and opened a brokerage acct with $15,000. I had absolutely no knowledge about commodities... Since opening the acct I've withdrawn $30,000 and the account value as of today is over $123,000. So as of now I'm up over 10x. Money isn't everything, but all things being equal, I'd rather have some than not. I really appreciate the guidance you given me. I hope this note puts a smile on your face. Thanks.

— Greg

Hi,

I opened my RTA account with $2000... Added $5000 more... Account value today is ~$34,000.

— Pete

89 of 107 plays positive since 2005

63% average gain over all plays, including losers

Normally, Resource Trader Alert subscribers pay $1,495 per year. As a Reserve Member, you pay nothing.

Options Hotline:  How a Humble Options Master Crushed the Million Dollar Milestone

Options Hotline is one of the oldest options services in America. 2009 marks the 20th anniversary of Paul Sarnoff creating the service.

A friend of the legendary Hunt brothers, Paul became famous as one of the first to teach investors how to use stock options in the '60s. In 1989, Paul launched Options Hotline, delivering his subscribers gains for 10 years...

In October 1999, Steve Sarnoff took the service over from his father and mentor. Steve studied options analysis alongside his dad for over a decade — and gave the system a couple of proprietary tweaks of his own.

Here's how it works...

Each week — on Sunday night — Steve sends out the single best option play for the week. It takes less than five minutes to read his entire e-mail. And his recommendations could make you a heap of dough...

Just how much?

I'll let his track record explain... please just take a look at his performance over the last nine years... and how you could've broken the million-dollar milestone with him. (Please remember that average gain accounts for winners AND losers...)

Now how is it that Steve can claim such a stellar achievement? Simple. Steve recommends opening positions and gives a general strategy to help readers determine a good closing point, but readers must use their own judgment in exiting a position. Because of this, we calculate Steve's previous track record based on the highest point each of his actionable recommendations hits after he alerts his readers.

That stellar long-term track record makes it easier to see how Steve's the only one I know who has broken the coveted "Million-Dollar Gains Milestone."

After Steve recommended UPS calls that could have made as much as 1,011% gains for his readers, he broke right through the million-dollar mark.

If you had plugged $5,000 into Steve's first trade when he took over from his father... plugged that same amount into every single one of his recommendation since that time, and ridden each one to its highest possible point, you would have over a million dollars in profits! That's unbeatable — passing the million-dollar milestone in a little over five years...

Bought SMH LH... Closed today up 75% in a week. Good Call. Appreciate it.

— Jim Mahoney

I wanted to drop you a quick note of "thanks" for using the power of options helping me pay for Christmas this year. Let me explain...

I am an Agora Financial Reserve Member and used Steve Sarnoff's recommendation this week to net $900 in about in 3 hours with less than 5 minutes of my time...Not bad for 5 minutes of "work."

Thanks again for the great services you provide and have a very happy Holiday season!!!

— Warmest regards,
Paul G.

Normally, Options Hotline subscribers pay $995 per year. As a Reserve Member, you pay nothing.

Strategic Short Report:  Your Way to Profit As the Real Estate Bubble Implodes

Now, you know that the markets related to housing — specifically, subprime mortgages — shoot lower every day.

And Dan Amoss has taken advantage of that trend by playing put options on subprime mortgage insurer MGIC.

Let's take a look at a company Dan had his eye on. Here's the chart for MGIC's stock price:

71% seems like a big drop for MGIC stock over just nine months, doesn't it? But even that 71% move paled in comparison with the move that an option play on that same stock made...

Brave investors who got in and out at the right time could've swiped 336% gains from a play that used put options as leverage.

That works out to a profitable move of almost four times the negative move the share price suffered. Nice little way to make some lemonade while avoiding the lemon!

But Dan doesn't focus in on just housing stocks. He also wrote up a Whiskey & Gunpowder article that pointed out the problems with Hansen, the hyped energy drink and soda company.

He said that intrepid readers should short Hansen. And they could've made as much as 27.4% in six days...

"27.4% in 6 days...Thanks, Dan!"

Many thanks for Dan Amoss' June 26 analysis and discussion of Hansen Natural. I felt the market was trending down, and the stock was inflated...Based on this and Dan's analysis, I shorted the stock Aug. 1 at $45.50 and covered the short sale [on Aug. 7] at $33.

Thanks so much!

— R. R.

Dan's got a knack for finding companies that sell for far more than what they're worth. So he decided to take his expertise in playing put options and shorting stocks to launch a small research service called Strategic Short Report.

And in just the few months that we've been publishing the service, Dan's readers have had the chance to see some nice gains...

Like the 173% that they could have made after Dan recommended put options on Systemax — an overly hyped online retailer of computer hardware and off-brand PCs...

The 97% they booked in a few short months with put options on TCF Financial — a troubled Midwestern mortgage-heavy bank...

Or the whopping 461% they could have made by following Dan's recommendation to buy and sell put options on Lehman Brothers!

All in all Dan's averaging 92% across all of his 16 closed positions. And that includes the rare losing play.

But what about open positions?

All five of his current open positions are positive. And he's sitting on an average gain of 58%.

No wonder his subscribers have written in to say:

I just sold 10 contracts of LESMH for $26.45 which I purchased for $4.47 for a total gain $21,980!! This is very exciting stuff...keep em coming like that if you can. I really appreciate your hard work, in depth research and thorough detailed coverage. Awesome trade Dan! You are the man!

— D. Y.

I just wanted to thank Dan Amoss for the Strategic Short Report letter. After recently closing out my second half of the Lehman put, I have a scored a personal rate of return of 342%!!!! This is in addition to the average of 72% so far on his other recommendations.

Thanks so much, Dan. This one newsletter has actually paid for my entire membership fee for the reserve membership.

If you are ever in Medford, Oregon. Look me up. Dinner is on me.

— P. B., MD

As a Lehman Alumni I was hesitant to put this one on... a cool $200,000 profit later I am a Strategic Short Report disciple!

Spectacular call on Lehman. Keep 'em coming

— Wil

13 of 16 plays in 2008

92% average gain over all plays, including losers

Dan's stellar performance was precisely the reason behind my recent decision to double the price of his research service.

Strategic Short Report subscribers used to pay $995 per year for Dan's research...

... But now they're paying $1,995.

As a Reserve Member, you pay nothing for life.

Gold & Options Trader:  How to Protect Your Wealth From the Dollar's Coming Collapse. . . and Ride the Historic Gold Bull Market for Obscene Profit Potential

You know that gold's been on an absolute tear over the last few years. In fact, it shot from $300 to its recent high of $1,033. That's a climb of 244%.

And the reasons behind gold's run-up seem obvious:

Rampant government money printing (especially in the U.S.)

Global strife boosts fear and uncertainty

Worldwide demand for real commodity wealth, not credit or phantom finance profits.

It's no wonder gold — the only trusted, true haven for wealth and future prosperity — has become more desired. And it will become only more dearer as the years pass.

This inescapable fact has led us to launch a new research service dedicated specifically to gold gains.

Now, members of many of our services have had the opportunity to take great gold gains. Specifically, readers of Outstanding Investments. And our options services Resource Trader Alert and Options Hotline have played many gold futures and stocks options for more speculative gains.

But the historic gold bull has compelled us to devote an entire newsletter to gold...it's titled the Gold & Options Trader.

Gold & Options Trader has two simple missions.

First, it seeks to show you gains on the best gold stocks in the world. You might get a recommendation on a junior mining company or a microcap exploration and production company.

And second, Gold & Options Trader will play options on gold stocks. That way you can apply leverage to normal moves in share price. This can give you a quicker, larger, more speculative winner.

You'll be profiting from gold's long trend upward, and simultaneously, learn how to hedge your portfolio against short-term corrections...

And we couldn't have found a better guy to man Gold & Options Trader than Ed Bugos. Ed comes straight from the Wall Street of the gold market — Vancouver's Howe Street.

During the nasty commodity bear market in the '90s, Ed still guided his clients to gold profits in Argentina Gold and Arequipa. The massive Barrick Gold ended up buying both companies.

He also founded the Bugos Gold Stock Index, which included no more than 10 stocks anytime. From Dec. 2001-May 2006, his index gained 200%, averaging 30% compounded annual gains.

And he's showing no signs of slowing down that incredible pace.

Normally, Gold & Options Trader subscribers pay $1,495 per year. As a Reserve Member, you pay nothing for life.

You'll also get both new services I told you about earlier: Income on Demand and Master FX Options Trader.

As an Agora Financial Reserve Member, you'll receive the six option trading research services we just discussed for free. Added up, those six services are worth $8,970 per year.

You'll Get our "VIP" Stock Research Services, Too

So you've heard about how you can use our wide variety of speculative option plays to boost your wealth...

But what about the explosive stock gains that happen from mergers, buyouts, special dividends, spinoffs, and "special opportunity" stocks that are too small to recommend to tens of thousands of readers?

Well, we've got those covered, too.

As an Agora Financial Reserve Member you're guaranteed to receive these high-end, VIP "special opportunity" monthly stock research services:

Mayer's Special Situations:  Small Explosive "Special Situation" Plays

Each month Agora Financial's managing editor, Chris Mayer, applies his due diligence to small "special situation" companies.

In this way, you can combine strictly lowered risk with speculative opportunities.

Chris sends these "safe speculations" out to a small circle of readers with his new research service, Mayer's Special Situations.

Let's take a quick snapshot of the two-year-old service's track record:

13 out of the 21 closed positions have gone up.

The average gain over those closed positions was 38%, including the losers.

Biggest gainers: 194% on T-3 Energy Services... 177% on Titan Intl....122% on Gorman-Rupp Co.... and 100% on Lindsay Manufacturing.

And, as far as open gains go, as of November 19 his readers are up:

28% from a tiny pharmaceutical spin-off

36% on a company that's helping China solve its water crisis

54% on water pump manufacture.

This excellent short-term track record has made some of Mayer's Special Situations readers quite happy:

Your Libbey recommendation alone just paid for my Acapulco vacation. THANKS! :-) Your reports are very professional without being stuffy. I look forward to your e-mail!

— E. Culpepper

I joined the Agora Financial Reserve when it was very first launched.

I manage my own accounts and my father's very large IRA for him. I have purchased about 90% of the stocks you have recommended in MSS and couldn't be happier with the returns.

I love your strategy and reasons for picking a stock and plan to stick with you as long as possible. I only hope you stay for many years to come. I hate the thought of finding out you left to do something else.

Thanks so much for your excellent research and the great job you are doing. My experience with MSS has been exactly what I was hoping for when I joined the Reserve.

— Brad B.

Normally, Mayer's Special Situations subscribers pay $995 per year. As a Reserve Member, you pay nothing for life.

Energy & Scarcity Investor:  How You Can Harness "Slow Volcano Power" to Ride California's Government-Mandated Green Power Boom

Byron King lives and breathes natural resources.

Each month his contacts and research come up with dozens of overlooked opportunities. Some of these finds make their way into the pages of Byron's Outstanding Investments. But the ones with the best profit potential are micro caps — just too speculative to send out to a wide audience.

That's why Byron launched an elite research service called Energy & Scarcity Investor, that taps into these tiny resource opportunities. For proof of the concept behind this new service, here are some previous winners in the realm of tiny resource stocks just like the ones Energy & Scarcity Investor focuses on:

214% on Pan Orient Energy

211% on Ur Energy

1,062% on Virginia Mines

958% on Seabridge Gold

1,076% on Minefinders

732% on Pan American Silver

208% on Compass Minerals

2,568% on Silvercorp

700% on Almaden Resources

450% on Antares Minerals

1,258% on Bear Creek Mining

4,500% on Brett Resources

1,236% on Dynasty Metals

2,860% on Denison Mines

428% on Cirrus Energy

1,376% on Enexco.

But now Byron has found an exciting discovery that could make those gains seem like small potatoes.

You see, California's Senate has mandated that the state must derive 20% of its electricity from renewable sources by December 2010.

Byron says that "Slow Volcano Power" is the renewable energy source best suited to provide California's huge population with electricity.

And he's recommended five of the smallest pure plays completely devoted to the little-known green energy source "Slow Volcano Power."

You can immediately get all the information you need on those five stellar "Slow Volcano Power" plays when you accept your Reserve invitation.

Normally, Energy & Scarcity Investor subscribers pay $1,495 per year. As a Reserve Member, you pay nothing for life.

Breakthrough Technology Alert: Thinking — and Profiting — Like a Venture Capitalist

Imagine buying into Microsoft at the venture capitalist stage... before it unveiled Windows. Imagine getting into Google on the bottom floor, with the first round of investors.

Those two companies' innovations changed the world, and Patrick Cox continually digs for the next revolutionary companies — the Googles and Microsofts of tomorrow.

Breakthrough Technology Alert uncovers the small, unknown companies on the verge of such transformational discoveries.

Patrick sniffs around like a true venture capitalist, scanning for the least-known opportunities before they take off, talking with their CEOs and drilling down the most exciting — and potentially, most profitable — opportunities.

In the past, we've taken gains like 371% on PowerChannel Inc., 288% on Cray Inc., 244% on Nuance Communications and 321% on Anatolia Minerals.

I am a new subscriber and I like the approach you take and the companies you follow. It's refreshing being out of the mainstream stocks with their massive float. Knock on wood - the investments I've made with your picks are beyond what I had hoped for...Again, thanks for your help and your insight into these companies.

— J. Parker

When I first subscribed I was not an experienced investor, but on the past four months' journey, [Breakthrough Technology Alert] has helped me to widen my exposure to different forms of investing. I'm also impressed with your due diligence on new stocks you recommend.

— M. Sorensen

Normally, Breakthrough Technology Alert subscribers pay $995 per year. As a Reserve Member, you pay nothing.

Once again, as an Agora Financial Reserve Member, you'll receive these three "VIP" Special Opportunities Stock Research services for free. Added up, those three services are worth $3,485 per year.

Your one-time Reserve entrance fee and miniscule annual maintenance fee will secure all of those stellar services for life.

And I repeat — you get a lifetime of super-profitable options recommendations as well for less than a one-year subscription at their regular price. That alone makes the Agora Financial Reserve a good bargain.

On top of all this, as a Reserve Member, you will receive a free lifetime subscription to each one of our five profitable research newsletters.

You Get All of Our Finest Stock Research Newsletters for Free. . . for Life. . .

Your status as a Reserve Member will deliver you these benefits:

Outstanding Investments: The #1 Ranked Newsletter Over THREE Five-Year Periods

Byron King's Outstanding Investments was independently rated by Mark Hulbert as the top-performing newsletter in the world.

That's an amazingly high honor, considering that as of last year Hulbert tracks 127 different investment newsletters.

Devoted to natural resource stocks since its inception, Outstanding Investments has delivered some gains that might make you bashful if you told anyone that you grabbed them...

And as you know, oil and oil related stocks have been on a huge tear lately. So have coal, steel, uranium, timber, shipping and natural gas companies. And readers of Outstanding Investments had a front-row seat for riding the global hunger for raw materials.

Like these recent winners: 182% from Talisman Energy, 332% from Glamis Gold, 118% on Anglo-American PLC, 174% on PetroChina, 147% on BG Group, 177% on Coeur d'Alene Mines, and 228% on Niko Resources.

Catching hold of the massive global energy bull, this year, Outstanding Investments has returned an average of 25% on its closed positions.

And this isn't a fluke, either. Last year, Outstanding Investments averaged 79% gains from its closed resource stock recommendations.

And as for open positions, we have 272% on Suncor, 194% on American Century Global Gold, 103% on Valero, and 143% on EnCana.

I almost "bailed out" awhile ago when gold and oil took a dip, but followed your recommendation and stayed with it. I'm up 28% with only your recommendations in my portfolio. Keep up the good work.

— W. Burger

You have to hand it to...Outstanding Investments. I have subscribed to many investment and trading services and dropped a lot of the poorly performing ones. But not RTA or OI...Perhaps a Nobel Prize for Resource Trading should be awarded.

— D. Davidson

2008 closed positions average including losers: 25%

Normally, Outstanding Investments subscribers pay $99 per year. As a Reserve Member, you pay nothing for life.

Capital & Crisis: 36% From the Safest Stocks on the Street

Chris Mayer's unswerving devotion to conservative value investing has led him to recommend 29 out of 38 winners in Capital & Crisis. That's right — he's batting a nearly perfect 76%.

What's his secret? Simple. He'll buy a stock for only less than it's worth. And that seems to work just fine since — over the course of 38 closed recommendations — his positions gained 36% on average.

What about his open positions?

44% on an Asian telecommunications company.

12% on a leading manufacturer of welded steel pipes.

With Capital & Crisis, you can draw in some nice gains from the safest stocks on the Street...

Yes - very good gains, such as: Horizon — $4,109... Chiquita Brands — $5,400... Agrium - $5,900... Ameriprise - $6,100... Intrawest - $10,000. I am currently using the proceeds to build up the retirement fund. I think Capital & Crisis is the best investment advisory that I have either read about or used. My only recommendation — don't do anything different.

— W. McMillan

Chris, you're just about the best writer there is, a great analyst while still enjoyable to read. It's a treat for my retirement portfolio to watch your theories play out. I can't give you a specific number but it's approximately 20%, after investing 5K in each selection. I'm still recovering from the tech meltdown 2000-2002, thank you so much for helping to make it happen.

— D. Ricci

Normally, Capital & Crisis subscribers pay $99 per year. As a Reserve Member, you pay nothing.

Penny Stock Fortunes: Imagine Getting Rich

The largest, quickest gains on Wall Street usually come from the unknown and sometimes feared segment of stocks priced under $10...The infamous "penny stocks."

But, as Greg Guenthner, editor of Penny Stock Fortunes explains, "Some of the biggest names in Wall Street history, like Tweedy, Browne; Ben Graham and John Templeton made their massive fortunes in the penny stocks arena. You won't read much about these under-the-radar opportunities in The Wall Street Journal, Investor's Business Daily or Barron's."

But you will read about them in Penny Stock Fortunes.

Here are some past gains from closed-out Penny Stock Fortunes recommendations: 82% in only 48 days from First Cash Financial, 109% from Vallco Energy, and 103% from Forward Industries.

Normally, Penny Stock Fortunes subscribers pay $59 per year. As a Reserve Member, you pay nothing.

Easy Money Options: How to Receive an MBA-style Stock Option Education. . . for FREE

You've already seen how options can quickly bring your portfolio 100–500% profits...

But what if you've never used options before and don't know how to get started? I've got the perfect solution for you...

In Wayne Burritt's letter, Easy Money Options, he'll deliver you an options education that you can't get anywhere else.

Each month, he'll teach you an "inside tip." Then he'll simply and easily provide you with directions on how to take advantage of the best options plays on the market right now.

And although the service is just under a year old, I'm proud to announce that Wayne's already scored gains of 89% on Proctor & Gamble calls and an explosive 150% and 169% on S&P 500 Depository Receipts November 2008 puts.

Here's what his subscribers have already written in to say:

As a novice to the option world, you have taught me a good deal. All your instructions are very clear and easy to follow. In each issue you set out the topics to be covered and then show us step by step on how to research different options... most important of all the newsletters contained a wealth of information!

— D. L.

Easiest money I have ever made! Over 85% gains in just 5 trading days! You lay everything out and make it simple. I have tried other options services before, but they usually did not provide sell signals so you were left to the whims of the market and sometimes lost gains. I prefer your conservative approach to take gains off the table. Keep up the good work!

— Thanks,
G. S.

Today I sold the XLFXR for $1446.51 for a profit of $555.01. I sold SWGXQ for $2502.51 for a profit of $1599.01. So my profit in a week from these two transactions was $2154.02.

I am ever so grateful for your excellent recommendations!

— Yours truly
C. C.

Through this service, you'll quickly learn how fun and profitable stock options can be!

Easy Money Options normally costs $99 per year. As a Reserve Member, it's yours FREE for life.

Lifetime Income Report:  How to Let the World's Best Companies Fund Your Retirement

Imagine having one of the world's top companies fund your retirement even though you never worked for them a day in your life...

Now imagine that your retirement income isn't limited to just that one company.

You can have five, six, even 10 of the world's best companies pay you weekly checks.

Without working a single second for them.

How?

Buy buying shares in companies that have been proven to send out growing dividend payments.

And that's exactly what editor Jim Nelson will show you how to do in his new research service, the Lifetime Income Report.

Each month he'll focus on finding you the best income paying stock on the market. After a year, you could be receiving weekly checks of $2,243, $5,465, or $11,000. That's the best part. You decide how much you want to be paid.

When we launch Lifetime Income Report later this month, new subscribers will have to pay $99 per year. As a Reserve Member, it's yours FREE for life.

Added up, all five of Agora Financial's world-class, independent and profitable newsletters cost $455 per year.

But if you do what's best — by accepting this invitation to the Reserve — you'll get those newsletters for free for the rest of your life. As a Reserve Member, you'll save $455 per year from the newsletters alone. That comes out to $2,275 in savings every five years... and $4,550 saved over the next decade...

If you are serious and quick enough to be that one in a 100 that can enter the Reserve... if you decide to become a member in time, you will get all of those newsletters for free for life.

But that's not nearly the last in the heap of benefits your Reserve status will confer upon you...

Introducing the Agora Financial Focus List: Exclusively for Reserve Members

We've created something solely for Reserve Members that may be the most valuable benefit we've discussed yet... it's called the Agora Financial Focus List.

As you can see, Agora Financial publishes a steep deluge of investment ideas. Ideas that cover the entire spectrum of stock investment possibilities...from value investing to resources and hard assets to emerging technology companies to penny stocks...

You might be wondering: "That could end up being too many stock plays. If I don't want to go for all of them, how would I pick the best ones?"

We realize that it may be difficult to thoroughly go over and familiarize yourself with every single recommendation we offer you.

That's why each of our editors will handpick a small portion of their recommended stock plays to add to the Agora Financial Focus List. This portfolio will never have more than 20 stocks in it at one time, so it will be a breeze to use and understand.

The Focus List's recommendations will come from across all of the newsletters, directly from the editors themselves. Here's how it works:

Once per quarter, the editors will personally take a look at their contributions to the Focus List portfolio.

They will distill the absolute best stocks from their already superlative track records — and, essentially, manage a unique, world-class portfolio for a small group of elite Reserve Members. That's pretty remarkable, don't you think?

We've conservatively valued this unique benefit at $995 per year.

As a Reserve Member, you get the Focus List for free for life.

Announcing the Legacy Program. . . and Your Free "Enduring Wealth Library"

We're not content to "merely" publish the most independent — and highly profitable — stock research newsletters and options services in the industry. Agora Financial has decided to jump right into the hitherto unknown world of book publishing.

You may know of The New York Times and Amazon.com best-sellers written by
long-time Agora Financial contributors like Chris Mayer, Bill Bonner, and me.

As a Reserve Member, you're entitled to copies of these books just after they're released... for free, of course.

All you do is give us a call or shoot us an e-mail and we'll FedEx you a copy.

As I said, you can find those books at any bookseller — but we'll send them to you FREE of charge. I call this series of books the "Enduring Wealth Library."

And there's one other special addition to this series. It's called Seeds of Wealth...

Seeds of Wealth is probably the most unique — and valuable — book I have seen come across my desk in my 18 years in financial publishing.

Seeds of Wealth is a wealth-building manual that helps you help your children become wealthy. Wealthy by their own efforts... It's actually quite easy for your child (or grandchild) to build a whopping $250,000 war chest by age 18 just with rigorous saving and the power of compound interest.

And as the Agora Financial editors and I thought about the benefits to your children and grandchildren that the Seeds of Wealth program can bestow, we came up with what could be the most powerful benefit to your Reserve Membership — the Agora Financial Legacy Program...

You Can Pass Your Reserve Membership on to Any Family Member of Your Choice!

As the Agora Financial team put the last round of updates into the Seeds of Wealth program a flash of brilliance struck someone — "Hey, if we're trying to help future generations build a life of comfortable affluence with Seeds of Wealth, shouldn't we allow our Reserve Members to pass on their Reserve Member status to their children?"

We all agreed that it was a great idea. So we instituted the Agora Financial Legacy Program, which allows a Reserve Member to pass membership over to a family member.

Of course, that family member is entitled to free receipt of every single Reserve service, newsletter, conference, book, and special report that the Reserve ever publishes...

But there's plenty more to the Reserve Membership benefits than all of the newsletters, options services, the Enduring Wealth Library and Legacy Program. In fact, we've come to what may very well be my personal favorite part of the Reserve...

Only for Reserve Members: Free Lifetime Enrollment in the Agora Financial "World Travel to Profits" Program

We fully realize that some sophisticated and successful investors want to do more with their time than steadily and aggressively grow their wealth.

At Agora Financial, we strive to provide you with the most thorough independent research that you can get. This thoroughness leads us to travel around the globe to find the next explosive opportunity. And since we have footholds and affiliate offices around the world, we often travel abroad to visit the companies and countries we research.

After a while, we developed a love for travel itself, without regard to the value it adds to our research. So when we came together and created the Reserve, we wanted to share the value that international (and domestic) travel has, for its own sake...

Let me quickly explain...

Your Personal Invitation to the Annual Agora Financial Reserve Summit. . .

As a Reserve Member, you will be exclusively invited to attend the yearly Summit meeting. The Summit is a private conference open only to Reserve Members.

Our editors will play host to you. They will speak to Reserve Members on the most exclusive of opportunities — those strictly limited to small groups. Intriguing, fun, and sometimes out-of-the-ordinary opportunities that can yield impressive gains.

And it's all included FREE with your Reserve Membership.

All you have to do is make it out to the Summit site and pay for lodging. We'll cover the conference, refreshments and meals.

In the past we've held our Reserve Summits in beautiful Vancouver, British Columbia.

And future Summits could take place anywhere around the world where Agora Financial has a firm foothold — places like Paris; London; Waterford, Ireland; the Pacific coast of Nicaragua; Madrid; Melbourne; Milan; Johannesburg; Bonn; Baltimore; and Delray Beach, Fl.... or some other equally beautiful locale.

We conservatively value the Reserve Summit at $1,000 per year. As a Member, you get an exclusive invitation to each Reserve Summit every year, for free for life.

But, in addition to free admission to the Reserve-only Summit meetings, you will have free lifetime admission to Agora Financial Investment Symposium.

Here's Your Ever-Renewed and 100% Free Ticket to the Annual Agora Financial Investment Symposium

You may know that the annual Agora Financial Investment Symposium takes place every summer in Vancouver...

It's always a superb time, held in the historic Fairmont Hotel right in middle of my favorite North American city's lush, gorgeous downtown district...

The Investment Symposium is a comfortable, intimate multi-day conference at which all the Agora Financial editors give speeches and workshops on their proprietary research on stocks and options. In addition to the stately roster of Agora Financial editors, we handpick affiliated experts to speak at each of these conferences.

In the past we've welcomed Steve Forbes, Bill Bonner, Jim Rogers and Doug Casey.

The Investment Symposium generally costs $899. But, as a Reserve Member, you get "Always free, Always VIP" access to our public event of the year.

Please keep reading, though: That's not the final benefit bundled into your free lifetime enrollment in the Agora Financial Reserve's "World Travel to Profits" program...

The most unique, under-the-radar travel/investment opportunity we know about, though, could be this one:

Only for Reserve Members: Your Guide to Utterly Exclusive, Ground-Floor Deals on Rock-Bottom Real Estate in Formerly Downtrodden South American Countries

As a Reserve Member, you have the unique ability to get in early on some truly amazing real estate deals in forgotten countries like Nicaragua.

If the Reserve had existed and you had been a member at the time of our affiliate's first foray into Nicaragua... this could have happened:

For next to nothing, you could have bought a sizeable chunk of land sitting right on the rocky bluffs and pink beaches of the Pacific coast of Nicaragua. You might have built a palatial Spanish-style house for less than a third of what it would cost in the U.S. You could have lived in that home. You could've used it as a vacation getaway. Or you could've bought multiple lots and built multiple homes to sell at some future date...

Yes, it's obvious that such opportunities aren't for everyone.

We know that buying international real estate isn't the most convenient way of taking some decent gains. But, we figured that a small group of elite individuals like the Reserve Members would want every possibility open to it, from the ordinary to the exotic.

And if the possible real estate deals in paradisiacal locales weren't enough, we come to the final benefit of the Reserve's "World Travel to Profits" program... this final benefit is so sensitive that even Reserve Members must meet certain requirements to obtain an invitation... but once those requirements are met, you can act like a venture capitalist and get in on this type of hush-hush, closed-door opportunities.

The total yearly value of enrollment in the Agora Financial "World Travel to Profits" program: at least $2,690 per year.

Your Benefits Added Up: Save at Least $122,162

Lifetime subscriptions to all of our research newsletters...
value: $455 per year

Lifetime membership to all of our "VIP" stock research services...
value: $3,495 per year

Lifetime membership to all of our option trading services...
value: $8,970 per year

Lifetime receipt of the Agora Financial Focus List portfolio ...
value: $995 per year

Lifetime free enrollment in the "World Travel to Profits" program ...
value: $2,690 per year

Free Lifetime subscriptions to every single research newsletter and options service that the Reserve is able to publish in the future...
value: unknown, but massive.

The right to use the Legacy Program to pass your lifetime Reserve Membership to a member of your family...
value: priceless.

So, as you can see, the total measurable yearly value of a Reserve Membership is $16,605. And that yearly value will increase at a steady rate as we launch new research newsletters and options services.

That means... five years of Reserve benefits is conservatively valued at $83,025... and a full decade of stellar profits, travel, and research is worth $166,050, at the very least.

That's why you might think I'm crazy to offer the Reserve for a one-time $10,000 price for a lifetime of membership.

That's a savings of $6,605 in the first year alone... and you receive almost everything Agora Financial publishes for free for life! Over the next decade, you'll save a whopping $156,050... but wait — because I'm not going to charge anywhere near $10,000 for you to join the Reserve.

Why You Really Ought to Act Right Now. . .

For this invitation to the Reserve, I've also decided to slash the price another 35%, to only $6,497.

That's a small one-time payment for you to receive such a lifetime of research and gains.

That's all you'll ever pay, except for a small annual maintenance fee of $149 to cover the ever-rising print and postage costs — conveniently charged directly to your credit card each year.

Without this small maintenance fee, we wouldn't be able to offer the Reserve at such a low price — a price that could save you at least $158,212 over the next decade.

Please remember, though, that this offer is strictly limited.

When we hit our 1% enrollment limit or when Jan. 1 rolls around — whichever comes first — you may never see this special offer again. In fact, you may never see another Reserve Membership at any price.

If we offer Reserve Membership invitations again — and that's a pretty big "if" — the price could be $7,000 or higher. (The price may go even higher than that, depending upon how many new services we launch...)

So accept this invitation to make absolutely sure you can take advantage of the unique benefits reserved solely for Reserve Members.

After all, when we hit our 1%, we're going to carefully study how Reserve Members take advantage of the hush-hush and tiny, thinly traded opportunities open only to them. If we see that the Reserve's microscopic benefits can't handle any more exposure to serious investors, we will be forced to forever close the doors of the Reserve.

We'll simply have to shut it down, in that case, to protect the interests of Reserve members... so I recommend that you act immediately to ensure you grab your spot. And here's why you won't have a doubt about joining the Reserve right now:

Your Complete "Satisfied and Wealthy" Guarantee: Get the Reserve Free for 30 Full Days

Since the Reserve is the most uniquely beneficial service that Agora Financial has ever unveiled, it also has the most unwavering guarantee.

You get one full month to decide if the Reserve fits your needs and profit targets. If not, you can get a complete refund. You heard that right: If you let 30 days pass and call us on that last day of the month, we will immediately and cheerfully refund 100% of your membership price, no questions asked.

You keep every service and newsletter we provide you with over that month... so we're essentially offering you a free 30 days of our best research, along with the travel Summits and other services closed off to non-Reserve Members.

Why the heck would we do something like that?

You see, we want to make absolutely sure each and every Reserve Member is 100% satisfied with the pinnacle of Agora Financial service.

We want you to read our newsletters and take respectable, market-pummeling gains from the stocks recommended therein. We want you to take monstrous, sometimes triple-digit gains in short time frames from our aggressively profitable options research services.

We want you to attend each and every one of our public conferences and Private Reserve Summits, to meet us personally and take advantage of the smaller hush-hush opportunities that can only be shared with small groups.

We want you to love — and profit from — the Reserve so much that you look forward to passing it onto your most loved family member through our Legacy Program.

If you're unsatisfied with even one aspect listed above, we don't want you to have to spent your hard-earned money on the Reserve.

That's why we insist on this guarantee that puts Agora Financial at considerable risk if you find yourself the least bit unsatisfied with the Reserve — because, after all, if the service is as good as we intend it to be, Agora Financial has no risk at all, because you'll be ecstatic with the benefits you derive from your Reserve Membership and you'll stay with us for the long haul.

Why It Might Be Unwise to Wait Until Midnight, Jan. 1. . .

I cannot stress this enough: We're going to close the Reserve Membership (perhaps for good) at the stroke of midnight on Jan. 1, 2009.

But I'm firmly convinced that we'll be forced to cut off memberships long before then. That's because I'm personally convinced that we'll hit our limit of 1% of existing Agora Financial readers very quickly.

The 20-Year Solar Panel Stocks Market Guarantee

Solar panel stocks are at a major crossing point.
In 2008, record oil prices caused a big push for clean energy. Demand for polysilicon drove prices up and producers' share prices went along with them. Those who controlled the bulk of the supply chain and buffered themselves against price spikes were able to make the most out of the panel-price runup.

Then oil and the global economy fell off a cliff.

Now, solar panels are down from $4.20 per watt to just over $3... a 30% drop.
The Silicon Key for Solar Market Success

Computer sales are abysmal and could get weaker deep in the worldwide recession, and the virtual halt in microchip production means silicon is far into oversupply.
The gears of consolidation are turning, though, with the recession putting semiconductor manufacturers out of business and leaving industrial-grade silicon in the hands of fewer and fewer firms.
"When this recession ends," The New York Times's Bits blog forecasts, "the chip industry that emerges on the other side will look rather different than it did heading into this thing."
We don't have to wait for the recession to end for that transformation...
The government of Taiwan just announced on March 5 that it will set up an island-wide Taiwan Memory Company, which will crank out DRAM chips for phones and household gadgets, under the auspices of the country's economic ministry. 
If Taiwan Memory Company can kickstart global semiconductor production (as the nation is disproportionately powerful on the international semi scene), which will then flow into a stimulated computer market, silicon prices could go back up quickly.
In that scenario, companies that used their vertical integration strategies to pick up lower-priced silicon will watch their competitors get squeezed in the spot market.
Oil prices are creeping back up, and major government incentives mean that solar panels are doubly attractive―costing a third less and heavily subsidized as part of various countries' stimulus packages.

We may be near a bottom in polysilicon and oil at the same time, and solar panel prices are set to recover fast.
The 20 Year Solar Panel Market Guarantee

Expectations have been tempered across the global equity market, with earnings and forecasts settling deeper into a prolonged funk. Caution is the key for both lenders and project heads.

Yet we're hearing about credit loosening up for renewable energy projects in Europe, where the state development bank of Germany, KfW, is stimulating solar production through '09.
The only catch is, the solar panels used to reach Germany's expected 2+ GW of installed capacity in 2009 will have to last 20 years or more...

Fine by us! Top producers like Q-Cells issue standard warranties of 20 years or more, with panels operating at greater than 3/4 capacity throughout that time.

Tight lending has forced Q-Cells and other producers to get their industrial bona fides in order. The ones who can't prove their cost advantage and come up with solid payback plans simply won't get loans, and their blueprints will get snapped up by the survivors... if those plans are deemed worthy of continuation by the remaining larger, more creditworthy firms.

At its root, a warranty is a pledge from producer to consumer.

In 2009, though, a warranty as much a handshake between creditor and debtor as it is anything... think of all the fright surrounding Detroit automakers and whether the Pontiac you buy today will be free to fix if GM goes under. GM can't sell cars because it can't stand behind them, and lending to GM is too speculative if new sales aren't picking up. 
It's not a vicious circle―it's a vortex. And it's sucking in company after company, in nearly every industry.
No one wants a shoddy solar panel either... Not utilities like Germany's E.ON, who want to buy excess capacity from companies and households with installations, and certainly not the home and business owners who are tapping investment tax credits and want energy savings to put them at parity with coal or gas-generated electricity.

For us investors, though, it's even more important to know there's a two-decade time horizon for quality clean energy stocks.

That's the warranty you need, even if you don't think a single solar panel will ever sit on your rooftop.
And if you're looking for solar stocks that pass the 20-year test, take a look at some of the Green Chip International portfolio stocks we've picked precisely because they've got the goods to make it through this recession and beyond.

Top Stocks Market: 6 Reasons to be Bullish in 2009

Nuts.

That's what I was thinking on the morning of October 10th. After falling nearly 20% in just seven days, the markets were at it again. For the seventh straight session, the markets were dropping like a stone.

But unlike most investors on that nasty morning, I wasn't selling top stocks. I was buying them.

That's because, in my opinion, the markets weren't just oversold, they were forecasting something else entirely. They were pricing in a depression that just wasn't going to happen. To me that was kind of crazy.

Now, of course, I was well aware that there were problems—big problems. I had been writing about them for years.  I just didn't believe they were big enough to bring back the ghost of Tom Joad.

A grinding recession? Absolutely. 

But apples and cardboard boxes to sell them in? Not a chance.

So instead of selling into the panic, we went long that morning, buying up blue chip stocks at a major discount.

Now, some three months of sleepless nights later, it is beginning to look like the October stock market bottom is finally going to hold.

That's why now is the time to take another serious look at the markets, as we head into a year likely to be much better than the last.

6 Reasons to be Bullish in 2009

Here's why.

I call them my six reasons to be bullish in 2009.  And while not one of them is enough to turn it all around individually, taken together they add up to a stock market bottom.

They are:

1. The Fed Is Now All In

If you've heard it once, you've heard it a thousand times by now: You can't fight the Fed. And with the Fed's latest policy statement released on Tuesday, it is now clear to the markets that Helicopter Ben has finally arrived.

On Tuesday, the Fed not only lowered rates to near zero but also stated that they would hold them there for basically as long as it takes. Moreover, the Fed also went out of the box by promising to use its balance sheet to become part of the market itself.

As a result, it is now quite apparent that the Fed will do whatever it takes to prop up the economy. The Fed hopes the end result will be increased borrowing to purchase higher-risk financial assets. This could restart the securities markets inside the United States as well as finance higher levels of consumer spending and business investment.

Will it work? That's the $64,000 question. However, it is a net positive for the markets in the meantime.

2. The Obama Stimulus Package

Agree with it or not, a giant-sized stimulus package is just weeks away. With the change in administration, an economic recovery plan will likely be the first thing out of the box.

In fact, just this morning President-elect Barack Obama announced he is putting together the groundwork for a giant economic stimulus package, possibly as high as $850 billion over the next two years. In truth, it could end up over $1 trillion.

The President-elect is promoting a recovery plan that would feature spending on infrastructure projects, renewable energy, renovating schools, and technology spending.

There also could be some form of tax relief with tax cuts aimed at middle- and lower-income taxpayers, according to the Obama team.

The result is an economic money bomb that, when combined with the Fed's actions, should be enough to kick start the economy in 2009. 

Of course, how it all plays out in the last two years of an Obama administration may be another story. But, for today at least, the future is now. 

3. Mortgage Rates Are Falling

The Fed recently announced that it plans to buy up to $500 billion of mortgages guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae, plus another $100 billion of the corporate debt of government agencies. This news has sent interest rates on 30-year mortgages tumbling.

In fact, as of today, the average 30-yr. fixed rate is a paltry 5.08%. That's roughly where it was in June 2003, when the mortgage mess began. That will not only give families a chance to refinance but also help unlock the frozen credit markets.

And while it wouldn't be enough to put a permanent floor under housing, it could be enough to generate a massive do-over in the mortgage world. To me, that would be a net positive (provided they managed to get it right this time).

That's because as home owners everywhere — and I do mean everywhere — refinanced to lower rates, the number of good loans would go up while the number of bad loans would fall right off those troubled bank balance sheets. 

And after watching the yields on 10-yr. notes absolutely fall off the table in the last two weeks, the idea may not be as crazy as it sounds.

Here's why...

Historically, 30-yr. mortgage rates have been priced about 175 basis points (bps) above 10-yr. note yields. But those spreads widened with the credit crisis to well over 200 bps. — keeping rates higher than normal.

However, those same spreads fell back to 175bps last week. That means now that 10-yr. yields have also fallen, Hank Paulson's 4.5% mortgage rate is actually in range.

In fact, as of today, 10 yr. yields are a paltry 2.10%.  And if the Fed's "quantitative" easing can keep them there or push them lower, a 4.5% rate could easily become a reality.

4. Volatility Is Becoming Less Volatile

For the VIX indicator it has been something of a banner year, as fear overran the markets. But as fearful as markets have been lately, the VIX is actually now in a downtrend, trading well below its 50-day moving average.

In fact, for the first time since Sept. 29, the VIX traded below 60 for all five trading sessions last week, ending up at 54.28. Today, it has fallen even further to a low of nearly 46.

That's an early indicator that hedge funds and other investors have nearly finished liquidating their holdings for the year. The falling dollar is another, but that's another story.

It also confirms an increasingly bullish sentiment toward equities. As the American Association of Individual Investors recently reported, bullish sentiment among respondents to its survey rose to a four-week high of 38% this week, up from 27% last week. Meanwhile, bearish sentiment fell to a five-week low of 40% this week, down from 48% last week.

That only underscores the recent uptrend, since both the S&P 500 and the Dow Jones industrial average have climbed 12 of last 18 trading sessions. And perhaps more significantly, the stock market has actually risen on days when the news has been awful.

That's bullish.

5. The Recession Is Twelve Months Old

According to the National Bureau of Economic Research, the U.S. economy slipped into recession one year ago, which means we have been in the thick of it for 12 months now.

The bigger question now is how long it will last.

To some extent, it pays to look at the historical record. History doesn't repeat itself, but it does tend to rhyme.

Here is a look at the durations of fourteen previous recessions, all of which we survived.  They are:

1926-27....13 months

1929-33 ....43 months

1937-38... 13 months

1945.........8 months

1948-49....11 months

1953-54....10 months

1957-58....8 months

1960-61...10 months

1970........11 months

1973-75...16 months

1980.........6 months

1981-82....16 months

1990-91....8 months

2001.........8 months

As you can see, there have been many of them, and that is a lesson in and of itself.  As bad as it may feel, recessions do happen. The good news is that the world doesn't come to an end, and neither do the markets.

Moreover, the median length of a recession has been 11 months. From a historical perspective that means we are likely getting closer to the end. And if we assume that this one will go as long as 24 months, now is actually the time when you would begin to see the signs of a stock market recovery.

And finally.....

6. Stocks Are Cheap

Believe it or not, this one is true. Unfortunately, it took a 40%+ drop in the broader markets to get there. That's because the earning projections for 2009 were completely out of line with reality, since those figures were over $100.  

The question now, though, is how far they will actually fall. My guess is to $60 a share, which could end up being conservative. If that is true that puts the markets completely in line with their historical averages.

In fact, for the S&P 500, the average price per $1 dollar of earnings paid at market bottoms has been 13.8 times since 1957. That means when you take that 13.8 and multiply it by $60, you get a value of 828 for the S&P 500. That is above the 752-point low we hit on November 20th.

That makes top stocks relatively cheap as we head into the new year.

So as I've been discussing now for weeks, it's actually time to buy top stocks these days—not sell them. After all, the stock market bottoms long before the overall economy does.

And if you don't have the stomach for it, I completely understand. However, if you can see the day that all of this turmoil ends, now is the time take Wayne Gretzky's advice...

"Skate to where the puck is going to be," he said, "not to where it has been."

Here's betting that it is much higher from here.

Stocks: 6 Reasons to be Bullish in 2009

That's what I was thinking on the morning of October 10th. After falling nearly 20% in just seven days, the markets were at it again. For the seventh straight session, the markets were dropping like a stone.

But unlike most investors on that nasty morning, I wasn't selling stocks. I was buying them.

That's because, in my opinion, the markets weren't just oversold, they were forecasting something else entirely. They were pricing in a depression that just wasn't going to happen. To me that was kind of crazy.

Now, of course, I was well aware that there were problems—big problems. I had been writing about them for years.  I just didn't believe they were big enough to bring back the ghost of Tom Joad.

A grinding recession? Absolutely. 

But apples and cardboard boxes to sell them in? Not a chance.

So instead of selling into the panic, we went long that morning, buying up blue chip stocks at a major discount.

Now, some three months of sleepless nights later, it is beginning to look like the October stock market bottom is finally going to hold.

That's why now is the time to take another serious look at the markets, as we head into a year likely to be much better than the last.

6 Reasons to be Bullish in 2009

Here's why.

I call them my six reasons to be bullish in 2009.  And while not one of them is enough to turn it all around individually, taken together they add up to a stock market bottom.

They are:

1. The Fed Is Now All In

If you've heard it once, you've heard it a thousand times by now: You can't fight the Fed. And with the Fed's latest policy statement released on Tuesday, it is now clear to the markets that Helicopter Ben has finally arrived.

On Tuesday, the Fed not only lowered rates to near zero but also stated that they would hold them there for basically as long as it takes. Moreover, the Fed also went out of the box by promising to use its balance sheet to become part of the market itself.

As a result, it is now quite apparent that the Fed will do whatever it takes to prop up the economy. The Fed hopes the end result will be increased borrowing to purchase higher-risk financial assets. This could restart the securities markets inside the United States as well as finance higher levels of consumer spending and business investment.

Will it work? That's the $64,000 question. However, it is a net positive for the markets in the meantime.

2. The Obama Stimulus Package

Agree with it or not, a giant-sized stimulus package is just weeks away. With the change in administration, an economic recovery plan will likely be the first thing out of the box.

In fact, just this morning President-elect Barack Obama announced he is putting together the groundwork for a giant economic stimulus package, possibly as high as $850 billion over the next two years. In truth, it could end up over $1 trillion.

The President-elect is promoting a recovery plan that would feature spending on infrastructure projects, renewable energy, renovating schools, and technology spending.

There also could be some form of tax relief with tax cuts aimed at middle- and lower-income taxpayers, according to the Obama team.

The result is an economic money bomb that, when combined with the Fed's actions, should be enough to kick start the economy in 2009. 

Of course, how it all plays out in the last two years of an Obama administration may be another story. But, for today at least, the future is now. 

3. Mortgage Rates Are Falling

The Fed recently announced that it plans to buy up to $500 billion of mortgages guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae, plus another $100 billion of the corporate debt of government agencies. This news has sent interest rates on 30-year mortgages tumbling.

In fact, as of today, the average 30-yr. fixed rate is a paltry 5.08%. That's roughly where it was in June 2003, when the mortgage mess began. That will not only give families a chance to refinance but also help unlock the frozen credit markets.

And while it wouldn't be enough to put a permanent floor under housing, it could be enough to generate a massive do-over in the mortgage world. To me, that would be a net positive (provided they managed to get it right this time).

That's because as home owners everywhere — and I do mean everywhere — refinanced to lower rates, the number of good loans would go up while the number of bad loans would fall right off those troubled bank balance sheets. 

And after watching the yields on 10-yr. notes absolutely fall off the table in the last two weeks, the idea may not be as crazy as it sounds.

Here's why...

Historically, 30-yr. mortgage rates have been priced about 175 basis points (bps) above 10-yr. note yields. But those spreads widened with the credit crisis to well over 200 bps. — keeping rates higher than normal.

However, those same spreads fell back to 175bps last week. That means now that 10-yr. yields have also fallen, Hank Paulson's 4.5% mortgage rate is actually in range.

In fact, as of today, 10 yr. yields are a paltry 2.10%.  And if the Fed's "quantitative" easing can keep them there or push them lower, a 4.5% rate could easily become a reality.

4. Volatility Is Becoming Less Volatile

For the VIX indicator it has been something of a banner year, as fear overran the markets. But as fearful as markets have been lately, the VIX is actually now in a downtrend, trading well below its 50-day moving average.

In fact, for the first time since Sept. 29, the VIX traded below 60 for all five trading sessions last week, ending up at 54.28. Today, it has fallen even further to a low of nearly 46.

That's an early indicator that hedge funds and other investors have nearly finished liquidating their holdings for the year. The falling dollar is another, but that's another story.

It also confirms an increasingly bullish sentiment toward equities. As the American Association of Individual Investors recently reported, bullish sentiment among respondents to its survey rose to a four-week high of 38% this week, up from 27% last week. Meanwhile, bearish sentiment fell to a five-week low of 40% this week, down from 48% last week.

That only underscores the recent uptrend, since both the S&P 500 and the Dow Jones industrial average have climbed 12 of last 18 trading sessions. And perhaps more significantly, the stock market has actually risen on days when the news has been awful.

That's bullish.

5. The Recession Is Twelve Months Old

According to the National Bureau of Economic Research, the U.S. economy slipped into recession one year ago, which means we have been in the thick of it for 12 months now.

The bigger question now is how long it will last.

To some extent, it pays to look at the historical record. History doesn't repeat itself, but it does tend to rhyme.

Here is a look at the durations of fourteen previous recessions, all of which we survived.  They are:

1926-27....13 months

1929-33 ....43 months

1937-38... 13 months

1945.........8 months

1948-49....11 months

1953-54....10 months

1957-58....8 months

1960-61...10 months

1970........11 months

1973-75...16 months

1980.........6 months

1981-82....16 months

1990-91....8 months

2001.........8 months

As you can see, there have been many of them, and that is a lesson in and of itself.  As bad as it may feel, recessions do happen. The good news is that the world doesn't come to an end, and neither do the markets.

Moreover, the median length of a recession has been 11 months. From a historical perspective that means we are likely getting closer to the end. And if we assume that this one will go as long as 24 months, now is actually the time when you would begin to see the signs of a stock market recovery.

And finally.....

6. Stocks Are Cheap

Believe it or not, this one is true. Unfortunately, it took a 40%+ drop in the broader markets to get there. That's because the earning projections for 2009 were completely out of line with reality, since those figures were over $100.  

The question now, though, is how far they will actually fall. My guess is to $60 a share, which could end up being conservative. If that is true that puts the markets completely in line with their historical averages.

In fact, for the S&P 500, the average price per $1 dollar of earnings paid at market bottoms has been 13.8 times since 1957. That means when you take that 13.8 and multiply it by $60, you get a value of 828 for the S&P 500. That is above the 752-point low we hit on November 20th.

That makes top stocks relatively cheap as we head into the new year.

So as I've been discussing now for weeks, it's actually time to buy hot stocks these days—not sell them. After all, the stock market bottoms long before the overall economy does.

And if you don't have the stomach for it, I completely understand. However, if you can see the day that all of this turmoil ends, now is the time take Wayne Gretzky's advice...

"Skate to where the puck is going to be," he said, "not to where it has been."

Here's betting that it is much higher from here.

Something New Just in Time for Christmas

You have less than 24 hours to act on what I'm about to reveal.

So I'll get straight to the point:

When the Fed cut rates just this past Tuesday, you could have made $27,300 or more in pure profit.

How?

By making the six simple Forex moves that I'll show you in this letter — moves that could have made you:

$6,800 playing the Swiss franc

$4,950 betting on the euro

$4,450 going "long" the Aussie dollar

$3,850 buying the Canadian dollar

$2,000 venturing on the Japanese yen

$5,250 riding the British pound up

That's a quick total of $27,300 in pure profits.

Sounds crazy. I know.

But here's proof…

Flash Forex Move #1: Buy the Swiss Franc For A Quick $6,800

On Tuesday morning the Fed cut interest rates, instantly smashing the dollar down.

But did you profit directly from the dollar's slide?

If not, here's how you could have…

You could've made this simple Swiss franc move at 9:30 A.M. Monday morning and…

… you could've more than doubled your dough with pure gains of $6,800.

In just about 72 hours.

Risk: $5,000
72-Hour Total Pure Profit: $6,800

But the Swiss franc wasn't the only world currency that gained ground against the dollar when the Fed lowered rates…

The euro took off, too.

And here's the second move you could have made on Monday morning…

Flash Forex Move #2:Go "Long" Euros for $4,950 in Pure Profit

If you had gone "long" the euro, with only $5,000 at risk, you could have cashed out of that move for a nice $4,950 in pure profits.

In just about three days.

And if you think that Forex trading carries "unlimited" risk, I'll show you how you could make these moves without losing one wink of sleep.

Shoot, you don't even have to open a different brokerage account if you already have one. In less than 45 seconds I'll show you how you could make these plays just as easily as you could buy or sell a best stock.

But first let me show you the next Forex play you could've made…

Risk: $5,000
72-Hour Total Pure Profit: $11,750

Flash Forex Move #3: Aussie Dollar Move Plants $4,450 in Your Pocket

I'm sure you see a trend here…

If you had gone long the Aussie dollar on Monday — using this simple Forex move I'll show you in a second — you could've made a short-term profit of a sweet $4,450.

That's nearly a doubler in just days…all from an extremely simple Forex move that you could've played in less than five minutes…

Risk: $5,000
72-Hour Total Pure Profit: $16,200

Three moves — each taking only five minutes — adding up to a total of $16,200 in pure profit into your bank account.

And — we're only halfway through.

Before I show you how the final three moves could have made you $27,300 total, let me quickly reveal the secret behind these urgent profit plays…

How To Grab YOUR SHARE of the $4 Trillion Currency Market

Five months of research…late night phone calls… $54,836 spent…

And Agora Financial has finally figured out the perfect strategy for you to play the currency markets.

You see, nearly $4 trillion changes hands in the currency markets EVERY DAY.

That's over 40 times larger than the stock market.

So we knew extreme profits were being made… but we didn't know the right guy to help you make them.

Until we met Bill Jenkins.

Bill's a currency day trading expert, inside and out.

In fact, in our first meeting he told us that he hasn't bought a best stock in over 10 years. He makes all of his trading money from the foreign exchange market.

And he showed us a much easier currency options strategy that could let you make money from the FOREX market while still sleeping easy at night.

He calls it the "everyday Joe's" way of getting your slice of the currency market pie.

And the results from our 664 person live beta-test have been nothing short of amazing.

By using this little known currency options strategy, Bill's already shown his beta testers how to play euro puts for 23% gains, British pound calls for 33% gains and pound calls again for 100% gains in just 24 hours!

Bill's quick gain filled track record is precisely the reason we've decided to launch a brand new research service around his Forex options strategy called Master FX Options Trader.

Come tomorrow at 6 P.M., EST we're going live with Master FX Options Trader.

Readers will pay $1,495 for one year of this new research service…

But for the next 24 hours you'll be able to claim your subscription 100% free… before others will pay thousands of dollars.

I'll explain the details of this offer in a second.

But first let's quickly return to the rest of that $27,300 you could've made using these simple Forex options…

Flash Forex Move #4: In at 13… Out at 23… The Canadian Dollar Could Have Paid You $3,850 in Pure Gains

Next, you could've turned to Canada for a couple thousand dollars more…

You see, buying a call option on the Canadian dollar gives you highly leveraged gains with strictly known risk.

And by doing the exact same thing — going "long" the Canadian dollar with simple call options any broker can place for you — you could've gotten a swift payout of $3,850.

Risk: $5,000
72-Hour Total Pure Profit: $20,050

Flash Forex Move #5: How to Use the Yen to Make $2,000… in 72 hours!

It's the same with using call options on the yen. You could've swiped an effortless $2,000 in just three days.

That brings your 72-hour Forex profits tally to a total of $22,050…but wait, there's still one more…

Let's turn to the final play you could've made earlier this week…

Flash Forex Move #6: You'd Have Seen an Extra $5,250 Playing the Pound

Yup, even the pound could've more than doubled your stake in less than a week.

To be precise, the pound calls could've paid out a tidy $5,250. I don't know about you, but that's a pretty fine profit for such a short amount of time…

I know it sounds astonishing, but YES, you could've made AT LEAST $27,300 in less than 72 hours with Forex options…

And you could've done that with a simple piece of information that you knew anyway — that the dollar would tank after the Fed slashed rates.

Risk: $5,000
72-Hour Total Pure Profit: $27,300

You just needed the right options plays on the right currencies…

And you could've done that with strictly known, strictly controlled risk…you could've even placed those trades in five minutes or less!

The quick, explosive profit potential is the reason why we decided to launch Master FX Options Trader.

The lucky 664 people who've been beta testing the service the past five months have written in to say:

Thanks for another great option call! I got my position on Wednesday at $3 even, per contract, and sold in the last 30 minutes of trading yesterday for $3.90.

30% in 48 hours - nice!

— J. M.

P.S.: I am interested in the FOREX spot market, but that takes some attention that I am not always able to give. The [FOREX] option trades have been easier to handle.

I sold the two Euro $129 puts at $3.80 for a profit of $208.00! Keep this option train going!

— P. G.

I made 27% on my first currency option trade. Even though I kept the size of this first transaction small to gauge your service, I made $325 which was a psychological boost in this current bear market.

— M. M.

When we go live Master FX Options Trader tomorrow at 6 P.M., EST, your fellow readers will be forced to pay $1,495 per year.

But if you respond to this letter quickly enough, it's just one of the of two new research services I'm ready to give away for free. I'll explain how you can get them in just a moment.

Here's the second…

Income on Demand: How to Generate Instant Income From Stocks You Already Own

If you're like most readers, you probably want additional ways to generate regular work-free income...

And with Income on Demand, Wayne Burritt's ready to show you how.

With over 28 years of experience navigating through the options market, Wayne's developed a little known option strategy that you could use to:

Safely and immediately boost your regular income — using top stocks you already own.

Generate "dividends" on demand from almost any stock.

Significantly reduce your downside on top stocks that are falling.

This option strategy is one of my personal favorites.

And even better — I've heard stories about readers who could have used similar strategies to generate up to $200,000 a month in extra work-free income.

For example, you could use this strategy right now to generate an immediate 16.8% "dividend" on demand from Apple.

With this one tiny, five-minute step you could buy 1,000 shares of Apple stock and demand an immediate $15,200 "dividend."

Most investors never use this strategy.

But you'll have the chance for "dividends" on demand with Wayne's soon-to-be-launched Income on Demand.

When we launch Income on Demand later this month, subscribers most likely will have to pay $1,495 per year.

But as long as you're one of the first readers who respond to this letter, you'll also receive this service for free, for life.

Why am I willing to give away these brand new services for free? And why to only the first people who respond?

Allow me to introduce the Agora Financial Reserve.

A Hushed and Private Invitation FOR YOUR EYES ONLY. . .

The Agora Financial Reserve is the most intimate, elite inner circle out of our 135,000 paid subscribers.

The Reserve is simple: You get every single newsletter, "VIP" stock research service, and fast acting options research service Agora Financial currently publishes for as long as we publish them.*

You also get almost every single product we launch in the future. You get almost every single special research report we write. For as long as we publish them — or for as long as you want.

*With the exception of Bulletin Board Elite and The RichebÀcher Letter.

And you get all of that — for life — for less than the cost of one year of all of those services.

What newsletters and research services am I talking about?

You'll receive these investment research newsletters: the world-famous Outstanding Investments, Capital & Crisis, Easy Money Options, Penny Stock Fortunes, and our soon to be launched Lifetime Income Report.

On top of that you'll get our high-end VIP "special opportunity" monthly best stock research services: Energy & Scarcity Investor, Mayer's Special Situations and Breakthrough Technology Alert.

You'll get our fast-paced, intensely profitable option research services delivered direct to your e-mail inbox: Resource Trader Alert, Options Hotline, Gold & Options Trader, Strategic Short Report…

And you get both of the brand new, high priced services I just told you about: Master FX Options Trader and Income on Demand.

That's not all, of course — Agora Financial has unveiled some insanely beneficial services exclusively for Reserve Members...

First and foremost, we have created the "World Travel to Profits" program. We scour our worldwide network of insider contacts looking for under-the-radar investment opportunities, in everything from local stocks to real estate. Up until now, whenever our analysts came across one of these deals, we had to sweep it under the rug. They were just too small to share them with a large audience.

Those tiny, yet possibly highly profitable opportunities, were some of our main motivations for creating the Reserve service — so sophisticated individuals could take advantage of the same microscopic, under-the-radar international opportunities that we always found intriguing, but never had a small, intimate enough forum to release them to...

And there's one benefit to the Reserve that's entirely new to the independent financial publishing industry... a benefit all of our editors agreed on when we formulated the Reserve.

This advantage is called the Legacy Program — but before I tell you more, let me make it perfectly clear why I'm honored to invite you to become an Agora Financial Reserve Member today.

THIS INVITATION WILL NOT BE SENT TO THE PUBLIC

There are two strict reasons why we will send this invitation only to loyal readers like you.

First, because I can reward only people who are already familiar with our research with these two brand new $1,495 services.

Second, because there are so few Reserve Memberships available, the invitation can go to only a dedicated Agora Financial reader like yourself.

For that reason, I respectfully ask that you do not forward this e-mail to anyone else.

But exactly how few Reserve Members can we accept?

** Invitation Limited to the First 1% of Existing Readers**

Only one in 100 of existing Agora Financial readers may join... If all of our readers knocked on the door, 99% of them would have to be turned away!

It's not that we're being snooty or unfair. We simply know that some of the profit opportunities that we will research and present to you are too small and sensitive for too many people to know about.

That's why we picked the 1% threshold — we want to see what will happen when a small group of serious individuals gets hold of nearly every single profit opportunity that we know of.

Exclusive Benefits That 99% of Our Readers Cannot — and Will Not — Ever Profit From

We must limit the available seats in the Reserve to 1% of our readership. Membership is first come, first served.

If we do eventually permit more folks into the Reserve, the price could go up by as much as $2,000.

And, that's a BIG "if." We may never extend another invitation. It depends 100% on how the Reserve Members' interest affects these infinitesimal underground opportunities...

There are two unbreachable limits placed on this invitation.

I just told you about the 1% limit. But we also have a limit in time.

This application period for new Agora Financial Reserve Members expires immediately on midnight, Jan. 1, 2009.

We were compelled to do that so we have a clear cutoff point to see how these new services perform with so many new members.

But please don't make the mistake of thinking you can wait until Jan. 1.

I fully expect to fill our 1% limit long before that day rolls around. But let's quickly return to that lifetime research that I want to send you...

A Lifetime of Profitable Research. . . For Less Than the Cost of Just One Year!

You'll have a lifetime of our fast-paced trading research services, stock recommendation newsletters and other independent research — on top of the various new services and reports that we will unveil in the future — for far less than the normal price you'd pay for one single year.

You'll benefit from far more than our world-class newsletters and trading research services, though.

You'll be the first potential beneficiary of the exclusive "hush-hush" opportunities that, before now, were far too small and sophisticated to share with a large group of people. That's one of the main reasons we decided to hit the ground running on the Agora Financial Reserve — we want to introduce you to tiny, unknown opportunities.

Opportunities that we hear whispered from our extensive network of insiders. Previously invisible opportunities that we unearth with our own research.

(The invitation I'm extending, however, can last for far longer than a lifetime, as I will show you in one moment.)

First, I'd like to introduce you to some of the specific benefits entitled to Reserve Members:

You Get All of Option Plays for Free for Life. . .

When you accept this charter invitation to the Reserve, you will immediately lock into each and every one of our aggressive and profitable option trading research services.

Services that have recently brought in these gains: 100% on British Pound calls in less than 48 hours, 195% from sugar calls in only 20 days, 173% in 104 days on Systemax puts, 1,011% on UPS calls after holding for just over four weeks and 611% in three months from Newmont Mining...

Resource Trader Alert: 15 of 17 in 2008, Average 2008 Gain is 91%!

Resource Trader Alert uses our addiction to commodities to help you benefit from the world of commodity options.

And the publication has one of the best records that I've seen after 18 years of independent investment research publishing.

Since 2005, 82% of the total number of closed commodity options recommended in Resource Trader Alert ended up winners. And over that same time we've averaged 63% per recommended play, including losers.

That's one heckuva streak, and it shows signs of only continuing...

So far in 2008 we're 15 of 17... with an amazing average gain of 91%!

Here are some of the recent gains from Resource Trader Alert's commodity options recommendations:

108% on Feb. 12 2008, from sugar calls

195% on Feb. 26 2008, from sugar calls

220% on Feb. 28 2008, from a silver spread

107% on April 17 2008, from a gold spread

114% on June 25 2008, from a soybean spread

189% on June 26 2008, from a corn spread

107% on July 14 2008, from a gold spread

186% on Sept. 22 2008, from the short leg of a bull gold call spread.

You know that oil and gasoline prices have shot steadily up. And you can be sure Resource Trader Alert will be there to deliver on some aggressive gains on crude and gas options. In the past, our readers have seen:

Crude oil calls held for 20 days, for 119%

Unleaded gas calls held for one month, for 17%

Crude oil puts held for three weeks, for 39%

Crude oil spread held for just over three weeks, for 27%.

Resource Trader Alert's record shines just as impressively outside of the oil and gas market, though.

We rode corn straight up in late '07, when our recommended corn call soared 74% skyward in 19 days. Even at this obscene level of gain, we still thought corn would shoot up some more — so we recommended that our readers sell just half of their position.

Exactly 49 days later, we recommended that our readers sell the second half. Lucky them, bagging 219% on that second half of their corn calls in just over two months.

Please wait. Here are some more:

400% on silver calls

241% on wheat calls

270% in 30 days from a simple coffee call

120% from live cattle (yup, that's right — from options on 1,000
head of cattle!)

154% in 34 days from an easy-to-follow cotton call.

Resource Trader Alert is your way to learn how to play the quick, strong price changes in commodities. And — it's easy. You can do it from home, with a multitude of brokers, just like buying top stocks.

I bought 3 silver spreads...My calculations show a gain of about 1500% from my initial price. My two best current holdings...are cocoa, up 335% and wheat, up 320%.

So here's a brief history. I subscribed to RTA in Dec '05 and opened a brokerage acct with $15,000. I had absolutely no knowledge about commodities... Since opening the acct I've withdrawn $30,000 and the account value as of today is over $123,000. So as of now I'm up over 10x. Money isn't everything, but all things being equal, I'd rather have some than not. I really appreciate the guidance you given me. I hope this note puts a smile on your face. Thanks.

— Greg

Hi,

I opened my RTA account with $2000... Added $5000 more... Account value today is ~$34,000.

— Pete

89 of 107 plays positive since 2005

63% average gain over all plays, including losers

Normally, Resource Trader Alert subscribers pay $1,495 per year. As a Reserve Member, you pay nothing.

Options Hotline:  How a Humble Options Master Crushed the Million Dollar Milestone

Options Hotline is one of the oldest options services in America. 2009 marks the 20th anniversary of Paul Sarnoff creating the service.

A friend of the legendary Hunt brothers, Paul became famous as one of the first to teach investors how to use best stock options in the '60s. In 1989, Paul launched Options Hotline, delivering his subscribers gains for 10 years...

In October 1999, Steve Sarnoff took the service over from his father and mentor. Steve studied options analysis alongside his dad for over a decade — and gave the system a couple of proprietary tweaks of his own.

Here's how it works...

Each week — on Sunday night — Steve sends out the single best option play for the week. It takes less than five minutes to read his entire e-mail. And his recommendations could make you a heap of dough...

Just how much?

I'll let his track record explain... please just take a look at his performance over the last nine years... and how you could've broken the million-dollar milestone with him. (Please remember that average gain accounts for winners AND losers...)

Now how is it that Steve can claim such a stellar achievement? Simple. Steve recommends opening positions and gives a general strategy to help readers determine a good closing point, but readers must use their own judgment in exiting a position. Because of this, we calculate Steve's previous track record based on the highest point each of his actionable recommendations hits after he alerts his readers.

That stellar long-term track record makes it easier to see how Steve's the only one I know who has broken the coveted "Million-Dollar Gains Milestone."

After Steve recommended UPS calls that could have made as much as 1,011% gains for his readers, he broke right through the million-dollar mark.

If you had plugged $5,000 into Steve's first trade when he took over from his father... plugged that same amount into every single one of his recommendation since that time, and ridden each one to its highest possible point, you would have over a million dollars in profits! That's unbeatable — passing the million-dollar milestone in a little over five years...

Bought SMH LH... Closed today up 75% in a week. Good Call. Appreciate it.

— Jim Mahoney

I wanted to drop you a quick note of "thanks" for using the power of options helping me pay for Christmas this year. Let me explain...

I am an Agora Financial Reserve Member and used Steve Sarnoff's recommendation this week to net $900 in about in 3 hours with less than 5 minutes of my time...Not bad for 5 minutes of "work."

Thanks again for the great services you provide and have a very happy Holiday season!!!

— Warmest regards,
Paul G.

Normally, Options Hotline subscribers pay $995 per year. As a Reserve Member, you pay nothing.

Strategic Short Report:  Your Way to Profit As the Real Estate Bubble Implodes

Now, you know that the markets related to housing — specifically, subprime mortgages — shoot lower every day.

And Dan Amoss has taken advantage of that trend by playing put options on subprime mortgage insurer MGIC.

Let's take a look at a company Dan had his eye on. Here's the chart for MGIC's stock price:

71% seems like a big drop for MGIC stock over just nine months, doesn't it? But even that 71% move paled in comparison with the move that an option play on that same stock made...

Brave investors who got in and out at the right time could've swiped 336% gains from a play that used put options as leverage.

That works out to a profitable move of almost four times the negative move the share price suffered. Nice little way to make some lemonade while avoiding the lemon!

But Dan doesn't focus in on just housing top stocks. He also wrote up a Whiskey & Gunpowder article that pointed out the problems with Hansen, the hyped energy drink and soda company.

He said that intrepid readers should short Hansen. And they could've made as much as 27.4% in six days...

"27.4% in 6 days...Thanks, Dan!"

Many thanks for Dan Amoss' June 26 analysis and discussion of Hansen Natural. I felt the market was trending down, and the stock was inflated...Based on this and Dan's analysis, I shorted the stock Aug. 1 at $45.50 and covered the short sale [on Aug. 7] at $33.

Thanks so much!

— R. R.

Dan's got a knack for finding companies that sell for far more than what they're worth. So he decided to take his expertise in playing put options and shorting stocks to launch a small research service called Strategic Short Report.

And in just the few months that we've been publishing the service, Dan's readers have had the chance to see some nice gains...

Like the 173% that they could have made after Dan recommended put options on Systemax — an overly hyped online retailer of computer hardware and off-brand PCs...

The 97% they booked in a few short months with put options on TCF Financial — a troubled Midwestern mortgage-heavy bank...

Or the whopping 461% they could have made by following Dan's recommendation to buy and sell put options on Lehman Brothers!

All in all Dan's averaging 92% across all of his 16 closed positions. And that includes the rare losing play.

But what about open positions?

All five of his current open positions are positive. And he's sitting on an average gain of 58%.

No wonder his subscribers have written in to say:

I just sold 10 contracts of LESMH for $26.45 which I purchased for $4.47 for a total gain $21,980!! This is very exciting stuff...keep em coming like that if you can. I really appreciate your hard work, in depth research and thorough detailed coverage. Awesome trade Dan! You are the man!

— D. Y.

I just wanted to thank Dan Amoss for the Strategic Short Report letter. After recently closing out my second half of the Lehman put, I have a scored a personal rate of return of 342%!!!! This is in addition to the average of 72% so far on his other recommendations.

Thanks so much, Dan. This one newsletter has actually paid for my entire membership fee for the reserve membership.

If you are ever in Medford, Oregon. Look me up. Dinner is on me.

— P. B., MD

As a Lehman Alumni I was hesitant to put this one on... a cool $200,000 profit later I am a Strategic Short Report disciple!

Spectacular call on Lehman. Keep 'em coming

— Wil

13 of 16 plays in 2008

92% average gain over all plays, including losers

Dan's stellar performance was precisely the reason behind my recent decision to double the price of his research service.

Strategic Short Report subscribers used to pay $995 per year for Dan's research...

... But now they're paying $1,995.

As a Reserve Member, you pay nothing for life.

Gold & Options Trader:  How to Protect Your Wealth From the Dollar's Coming Collapse. . . and Ride the Historic Gold Bull Market for Obscene Profit Potential

You know that gold's been on an absolute tear over the last few years. In fact, it shot from $300 to its recent high of $1,033. That's a climb of 244%.

And the reasons behind gold's run-up seem obvious:

Rampant government money printing (especially in the U.S.)

Global strife boosts fear and uncertainty

Worldwide demand for real commodity wealth, not credit or phantom finance profits.

It's no wonder gold — the only trusted, true haven for wealth and future prosperity — has become more desired. And it will become only more dearer as the years pass.

This inescapable fact has led us to launch a new research service dedicated specifically to gold gains.

Now, members of many of our services have had the opportunity to take great gold gains. Specifically, readers of Outstanding Investments. And our options services Resource Trader Alert and Options Hotline have played many gold futures and top stocks options for more speculative gains.

But the historic gold bull has compelled us to devote an entire newsletter to gold...it's titled the Gold & Options Trader.

Gold & Options Trader has two simple missions.

First, it seeks to show you gains on the best gold stocks in the world. You might get a recommendation on a junior mining company or a microcap exploration and production company.

And second, Gold & Options Trader will play options on gold stocks. That way you can apply leverage to normal moves in share price. This can give you a quicker, larger, more speculative winner.

You'll be profiting from gold's long trend upward, and simultaneously, learn how to hedge your portfolio against short-term corrections...

And we couldn't have found a better guy to man Gold & Options Trader than Ed Bugos. Ed comes straight from the Wall Street of the gold market — Vancouver's Howe Street.

During the nasty commodity bear market in the '90s, Ed still guided his clients to gold profits in Argentina Gold and Arequipa. The massive Barrick Gold ended up buying both companies.

He also founded the Bugos Gold Stock Index, which included no more than 10 stocks anytime. From Dec. 2001-May 2006, his index gained 200%, averaging 30% compounded annual gains.

And he's showing no signs of slowing down that incredible pace.

Normally, Gold & Options Trader subscribers pay $1,495 per year. As a Reserve Member, you pay nothing for life.

You'll also get both new services I told you about earlier: Income on Demand and Master FX Options Trader.

As an Agora Financial Reserve Member, you'll receive the six option trading research services we just discussed for free. Added up, those six services are worth $8,970 per year.

You'll Get our "VIP" Stock Research Services, Too

So you've heard about how you can use our wide variety of speculative option plays to boost your wealth...

But what about the explosive stock gains that happen from mergers, buyouts, special dividends, spinoffs, and "special opportunity" stocks that are too small to recommend to tens of thousands of readers?

Well, we've got those covered, too.

As an Agora Financial Reserve Member you're guaranteed to receive these high-end, VIP "special opportunity" monthly best stock research services:

Mayer's Special Situations:  Small Explosive "Special Situation" Plays

Each month Agora Financial's managing editor, Chris Mayer, applies his due diligence to small "special situation" companies.

In this way, you can combine strictly lowered risk with speculative opportunities.

Chris sends these "safe speculations" out to a small circle of readers with his new research service, Mayer's Special Situations.

Let's take a quick snapshot of the two-year-old service's track record:

13 out of the 21 closed positions have gone up.

The average gain over those closed positions was 38%, including the losers.

Biggest gainers: 194% on T-3 Energy Services... 177% on Titan Intl....122% on Gorman-Rupp Co.... and 100% on Lindsay Manufacturing.

And, as far as open gains go, as of November 19 his readers are up:

28% from a tiny pharmaceutical spin-off

36% on a company that's helping China solve its water crisis

54% on water pump manufacture.

This excellent short-term track record has made some of Mayer's Special Situations readers quite happy:

Your Libbey recommendation alone just paid for my Acapulco vacation. THANKS! :-) Your reports are very professional without being stuffy. I look forward to your e-mail!

— E. Culpepper

I joined the Agora Financial Reserve when it was very first launched.

I manage my own accounts and my father's very large IRA for him. I have purchased about 90% of the top stocks you have recommended in MSS and couldn't be happier with the returns.

I love your strategy and reasons for picking a best stock and plan to stick with you as long as possible. I only hope you stay for many years to come. I hate the thought of finding out you left to do something else.

Thanks so much for your excellent research and the great job you are doing. My experience with MSS has been exactly what I was hoping for when I joined the Reserve.

— Brad B.

Normally, Mayer's Special Situations subscribers pay $995 per year. As a Reserve Member, you pay nothing for life.

Energy & Scarcity Investor:  How You Can Harness "Slow Volcano Power" to Ride California's Government-Mandated Green Power Boom

Byron King lives and breathes natural resources.

Each month his contacts and research come up with dozens of overlooked opportunities. Some of these finds make their way into the pages of Byron's Outstanding Investments. But the ones with the best profit potential are micro caps — just too speculative to send out to a wide audience.

That's why Byron launched an elite research service called Energy & Scarcity Investor, that taps into these tiny resource opportunities. For proof of the concept behind this new service, here are some previous winners in the realm of tiny resource stocks just like the ones Energy & Scarcity Investor focuses on:

214% on Pan Orient Energy

211% on Ur Energy

1,062% on Virginia Mines

958% on Seabridge Gold

1,076% on Minefinders

732% on Pan American Silver

208% on Compass Minerals

2,568% on Silvercorp

700% on Almaden Resources

450% on Antares Minerals

1,258% on Bear Creek Mining

4,500% on Brett Resources

1,236% on Dynasty Metals

2,860% on Denison Mines

428% on Cirrus Energy

1,376% on Enexco.

But now Byron has found an exciting discovery that could make those gains seem like small potatoes.

You see, California's Senate has mandated that the state must derive 20% of its electricity from renewable sources by December 2010.

Byron says that "Slow Volcano Power" is the renewable energy source best suited to provide California's huge population with electricity.

And he's recommended five of the smallest pure plays completely devoted to the little-known green energy source "Slow Volcano Power."

You can immediately get all the information you need on those five stellar "Slow Volcano Power" plays when you accept your Reserve invitation.

Normally, Energy & Scarcity Investor subscribers pay $1,495 per year. As a Reserve Member, you pay nothing for life.

Breakthrough Technology Alert: Thinking — and Profiting — Like a Venture Capitalist

Imagine buying into Microsoft at the venture capitalist stage... before it unveiled Windows. Imagine getting into Google on the bottom floor, with the first round of investors.

Those two companies' innovations changed the world, and Patrick Cox continually digs for the next revolutionary companies — the Googles and Microsofts of tomorrow.

Breakthrough Technology Alert uncovers the small, unknown companies on the verge of such transformational discoveries.

Patrick sniffs around like a true venture capitalist, scanning for the least-known opportunities before they take off, talking with their CEOs and drilling down the most exciting — and potentially, most profitable — opportunities.

In the past, we've taken gains like 371% on PowerChannel Inc., 288% on Cray Inc., 244% on Nuance Communications and 321% on Anatolia Minerals.

I am a new subscriber and I like the approach you take and the companies you follow. It's refreshing being out of the mainstream stocks with their massive float. Knock on wood - the investments I've made with your picks are beyond what I had hoped for...Again, thanks for your help and your insight into these companies.

— J. Parker

When I first subscribed I was not an experienced investor, but on the past four months' journey, [Breakthrough Technology Alert] has helped me to widen my exposure to different forms of investing. I'm also impressed with your due diligence on top stocks you recommend.

— M. Sorensen

Normally, Breakthrough Technology Alert subscribers pay $995 per year. As a Reserve Member, you pay nothing.

Once again, as an Agora Financial Reserve Member, you'll receive these three "VIP" Special Opportunities Stock Research services for free. Added up, those three services are worth $3,485 per year.

Your one-time Reserve entrance fee and miniscule annual maintenance fee will secure all of those stellar services for life.

And I repeat — you get a lifetime of super-profitable options recommendations as well for less than a one-year subscription at their regular price. That alone makes the Agora Financial Reserve a good bargain.

On top of all this, as a Reserve Member, you will receive a free lifetime subscription to each one of our five profitable research newsletters.

You Get All of Our Finest Stock Research Newsletters for Free. . . for Life. . .

Your status as a Reserve Member will deliver you these benefits:

Outstanding Investments: The #1 Ranked Newsletter Over THREE Five-Year Periods

Byron King's Outstanding Investments was independently rated by Mark Hulbert as the top-performing newsletter in the world.

That's an amazingly high honor, considering that as of last year Hulbert tracks 127 different investment newsletters.

Devoted to natural resource stocks since its inception, Outstanding Investments has delivered some gains that might make you bashful if you told anyone that you grabbed them...

And as you know, oil and oil related top stocks have been on a huge tear lately. So have coal, steel, uranium, timber, shipping and natural gas companies. And readers of Outstanding Investments had a front-row seat for riding the global hunger for raw materials.

Like these recent winners: 182% from Talisman Energy, 332% from Glamis Gold, 118% on Anglo-American PLC, 174% on PetroChina, 147% on BG Group, 177% on Coeur d'Alene Mines, and 228% on Niko Resources.

Catching hold of the massive global energy bull, this year, Outstanding Investments has returned an average of 25% on its closed positions.

And this isn't a fluke, either. Last year, Outstanding Investments averaged 79% gains from its closed resource stock recommendations.

And as for open positions, we have 272% on Suncor, 194% on American Century Global Gold, 103% on Valero, and 143% on EnCana.

I almost "bailed out" awhile ago when gold and oil took a dip, but followed your recommendation and stayed with it. I'm up 28% with only your recommendations in my portfolio. Keep up the good work.

— W. Burger

You have to hand it to...Outstanding Investments. I have subscribed to many investment and trading services and dropped a lot of the poorly performing ones. But not RTA or OI...Perhaps a Nobel Prize for Resource Trading should be awarded.

— D. Davidson

2008 closed positions average including losers: 25%

Normally, Outstanding Investments subscribers pay $99 per year. As a Reserve Member, you pay nothing for life.

Capital & Crisis: 36% From the Safest Stocks on the Street

Chris Mayer's unswerving devotion to conservative value investing has led him to recommend 29 out of 38 winners in Capital & Crisis. That's right — he's batting a nearly perfect 76%.

What's his secret? Simple. He'll buy a best stock for only less than it's worth. And that seems to work just fine since — over the course of 38 closed recommendations — his positions gained 36% on average.

What about his open positions?

44% on an Asian telecommunications company.

12% on a leading manufacturer of welded steel pipes.

With Capital & Crisis, you can draw in some nice gains from the safest stocks on the Street...

Yes - very good gains, such as: Horizon — $4,109... Chiquita Brands — $5,400... Agrium - $5,900... Ameriprise - $6,100... Intrawest - $10,000. I am currently using the proceeds to build up the retirement fund. I think Capital & Crisis is the best investment advisory that I have either read about or used. My only recommendation — don't do anything different.

— W. McMillan

Chris, you're just about the best writer there is, a great analyst while still enjoyable to read. It's a treat for my retirement portfolio to watch your theories play out. I can't give you a specific number but it's approximately 20%, after investing 5K in each selection. I'm still recovering from the tech meltdown 2000-2002, thank you so much for helping to make it happen.

— D. Ricci

Normally, Capital & Crisis subscribers pay $99 per year. As a Reserve Member, you pay nothing.

Penny Stock Fortunes: Imagine Getting Rich

The largest, quickest gains on Wall Street usually come from the unknown and sometimes feared segment of stocks priced under $10...The infamous "penny stocks."

But, as Greg Guenthner, editor of Penny Stock Fortunes explains, "Some of the biggest names in Wall Street history, like Tweedy, Browne; Ben Graham and John Templeton made their massive fortunes in the penny stocks arena. You won't read much about these under-the-radar opportunities in The Wall Street Journal, Investor's Business Daily or Barron's."

But you will read about them in Penny Stock Fortunes.

Here are some past gains from closed-out Penny Stock Fortunes recommendations: 82% in only 48 days from First Cash Financial, 109% from Vallco Energy, and 103% from Forward Industries.

Normally, Penny Stock Fortunes subscribers pay $59 per year. As a Reserve Member, you pay nothing.

Easy Money Options: How to Receive an MBA-style Stock Option Education. . . for FREE

You've already seen how options can quickly bring your portfolio 100–500% profits...

But what if you've never used options before and don't know how to get started? I've got the perfect solution for you...

In Wayne Burritt's letter, Easy Money Options, he'll deliver you an options education that you can't get anywhere else.

Each month, he'll teach you an "inside tip." Then he'll simply and easily provide you with directions on how to take advantage of the best options plays on the market right now.

And although the service is just under a year old, I'm proud to announce that Wayne's already scored gains of 89% on Proctor & Gamble calls and an explosive 150% and 169% on S&P 500 Depository Receipts November 2008 puts.

Here's what his subscribers have already written in to say:

As a novice to the option world, you have taught me a good deal. All your instructions are very clear and easy to follow. In each issue you set out the topics to be covered and then show us step by step on how to research different options... most important of all the newsletters contained a wealth of information!

— D. L.

Easiest money I have ever made! Over 85% gains in just 5 trading days! You lay everything out and make it simple. I have tried other options services before, but they usually did not provide sell signals so you were left to the whims of the market and sometimes lost gains. I prefer your conservative approach to take gains off the table. Keep up the good work!

— Thanks,
G. S.

Today I sold the XLFXR for $1446.51 for a profit of $555.01. I sold SWGXQ for $2502.51 for a profit of $1599.01. So my profit in a week from these two transactions was $2154.02.

I am ever so grateful for your excellent recommendations!

— Yours truly
C. C.

Through this service, you'll quickly learn how fun and profitable stock options can be!

Easy Money Options normally costs $99 per year. As a Reserve Member, it's yours FREE for life.

Lifetime Income Report:  How to Let the World's Best Companies Fund Your Retirement

Imagine having one of the world's top companies fund your retirement even though you never worked for them a day in your life...

Now imagine that your retirement income isn't limited to just that one company.

You can have five, six, even 10 of the world's best companies pay you weekly checks.

Without working a single second for them.

How?

Buy buying shares in companies that have been proven to send out growing dividend payments.

And that's exactly what editor Jim Nelson will show you how to do in his new research service, the Lifetime Income Report.

Each month he'll focus on finding you the best income paying stock on the market. After a year, you could be receiving weekly checks of $2,243, $5,465, or $11,000. That's the best part. You decide how much you want to be paid.

When we launch Lifetime Income Report later this month, new subscribers will have to pay $99 per year. As a Reserve Member, it's yours FREE for life.

Added up, all five of Agora Financial's world-class, independent and profitable newsletters cost $455 per year.

But if you do what's best — by accepting this invitation to the Reserve — you'll get those newsletters for free for the rest of your life. As a Reserve Member, you'll save $455 per year from the newsletters alone. That comes out to $2,275 in savings every five years... and $4,550 saved over the next decade...

If you are serious and quick enough to be that one in a 100 that can enter the Reserve... if you decide to become a member in time, you will get all of those newsletters for free for life.

But that's not nearly the last in the heap of benefits your Reserve status will confer upon you...

Introducing the Agora Financial Focus List: Exclusively for Reserve Members

We've created something solely for Reserve Members that may be the most valuable benefit we've discussed yet... it's called the Agora Financial Focus List.

As you can see, Agora Financial publishes a steep deluge of investment ideas. Ideas that cover the entire spectrum of stock investment possibilities...from value investing to resources and hard assets to emerging technology companies to penny stocks...

You might be wondering: "That could end up being too many stock plays. If I don't want to go for all of them, how would I pick the best ones?"

We realize that it may be difficult to thoroughly go over and familiarize yourself with every single recommendation we offer you.

That's why each of our editors will handpick a small portion of their recommended stock plays to add to the Agora Financial Focus List. This portfolio will never have more than 20 top stocks in it at one time, so it will be a breeze to use and understand.

The Focus List's recommendations will come from across all of the newsletters, directly from the editors themselves. Here's how it works:

Once per quarter, the editors will personally take a look at their contributions to the Focus List portfolio.

They will distill the absolute best stocks from their already superlative track records — and, essentially, manage a unique, world-class portfolio for a small group of elite Reserve Members. That's pretty remarkable, don't you think?

We've conservatively valued this unique benefit at $995 per year.

As a Reserve Member, you get the Focus List for free for life.

Announcing the Legacy Program. . . and Your Free "Enduring Wealth Library"

We're not content to "merely" publish the most independent — and highly profitable — stock research newsletters and options services in the industry. Agora Financial has decided to jump right into the hitherto unknown world of book publishing.

You may know of The New York Times and Amazon.com best-sellers written by
long-time Agora Financial contributors like Chris Mayer, Bill Bonner, and me.

As a Reserve Member, you're entitled to copies of these books just after they're released... for free, of course.

All you do is give us a call or shoot us an e-mail and we'll FedEx you a copy.

As I said, you can find those books at any bookseller — but we'll send them to you FREE of charge. I call this series of books the "Enduring Wealth Library."

And there's one other special addition to this series. It's called Seeds of Wealth...

Seeds of Wealth is probably the most unique — and valuable — book I have seen come across my desk in my 18 years in financial publishing.

Seeds of Wealth is a wealth-building manual that helps you help your children become wealthy. Wealthy by their own efforts... It's actually quite easy for your child (or grandchild) to build a whopping $250,000 war chest by age 18 just with rigorous saving and the power of compound interest.

And as the Agora Financial editors and I thought about the benefits to your children and grandchildren that the Seeds of Wealth program can bestow, we came up with what could be the most powerful benefit to your Reserve Membership — the Agora Financial Legacy Program...

You Can Pass Your Reserve Membership on to Any Family Member of Your Choice!

As the Agora Financial team put the last round of updates into the Seeds of Wealth program a flash of brilliance struck someone — "Hey, if we're trying to help future generations build a life of comfortable affluence with Seeds of Wealth, shouldn't we allow our Reserve Members to pass on their Reserve Member status to their children?"

We all agreed that it was a great idea. So we instituted the Agora Financial Legacy Program, which allows a Reserve Member to pass membership over to a family member.

Of course, that family member is entitled to free receipt of every single Reserve service, newsletter, conference, book, and special report that the Reserve ever publishes...

But there's plenty more to the Reserve Membership benefits than all of the newsletters, options services, the Enduring Wealth Library and Legacy Program. In fact, we've come to what may very well be my personal favorite part of the Reserve...

Only for Reserve Members: Free Lifetime Enrollment in the Agora Financial "World Travel to Profits" Program

We fully realize that some sophisticated and successful investors want to do more with their time than steadily and aggressively grow their wealth.

At Agora Financial, we strive to provide you with the most thorough independent research that you can get. This thoroughness leads us to travel around the globe to find the next explosive opportunity. And since we have footholds and affiliate offices around the world, we often travel abroad to visit the companies and countries we research.

After a while, we developed a love for travel itself, without regard to the value it adds to our research. So when we came together and created the Reserve, we wanted to share the value that international (and domestic) travel has, for its own sake...

Let me quickly explain...

Your Personal Invitation to the Annual Agora Financial Reserve Summit. . .

As a Reserve Member, you will be exclusively invited to attend the yearly Summit meeting. The Summit is a private conference open only to Reserve Members.

Our editors will play host to you. They will speak to Reserve Members on the most exclusive of opportunities — those strictly limited to small groups. Intriguing, fun, and sometimes out-of-the-ordinary opportunities that can yield impressive gains.

And it's all included FREE with your Reserve Membership.

All you have to do is make it out to the Summit site and pay for lodging. We'll cover the conference, refreshments and meals.

In the past we've held our Reserve Summits in beautiful Vancouver, British Columbia.

And future Summits could take place anywhere around the world where Agora Financial has a firm foothold — places like Paris; London; Waterford, Ireland; the Pacific coast of Nicaragua; Madrid; Melbourne; Milan; Johannesburg; Bonn; Baltimore; and Delray Beach, Fl.... or some other equally beautiful locale.

We conservatively value the Reserve Summit at $1,000 per year. As a Member, you get an exclusive invitation to each Reserve Summit every year, for free for life.

But, in addition to free admission to the Reserve-only Summit meetings, you will have free lifetime admission to Agora Financial Investment Symposium.

Here's Your Ever-Renewed and 100% Free Ticket to the Annual Agora Financial Investment Symposium

You may know that the annual Agora Financial Investment Symposium takes place every summer in Vancouver...

It's always a superb time, held in the historic Fairmont Hotel right in middle of my favorite North American city's lush, gorgeous downtown district...

The Investment Symposium is a comfortable, intimate multi-day conference at which all the Agora Financial editors give speeches and workshops on their proprietary research on stocks and options. In addition to the stately roster of Agora Financial editors, we handpick affiliated experts to speak at each of these conferences.

In the past we've welcomed Steve Forbes, Bill Bonner, Jim Rogers and Doug Casey.

The Investment Symposium generally costs $899. But, as a Reserve Member, you get "Always free, Always VIP" access to our public event of the year.

Please keep reading, though: That's not the final benefit bundled into your free lifetime enrollment in the Agora Financial Reserve's "World Travel to Profits" program...

The most unique, under-the-radar travel/investment opportunity we know about, though, could be this one:

Only for Reserve Members: Your Guide to Utterly Exclusive, Ground-Floor Deals on Rock-Bottom Real Estate in Formerly Downtrodden South American Countries

As a Reserve Member, you have the unique ability to get in early on some truly amazing real estate deals in forgotten countries like Nicaragua.

If the Reserve had existed and you had been a member at the time of our affiliate's first foray into Nicaragua... this could have happened:

For next to nothing, you could have bought a sizeable chunk of land sitting right on the rocky bluffs and pink beaches of the Pacific coast of Nicaragua. You might have built a palatial Spanish-style house for less than a third of what it would cost in the U.S. You could have lived in that home. You could've used it as a vacation getaway. Or you could've bought multiple lots and built multiple homes to sell at some future date...

Yes, it's obvious that such opportunities aren't for everyone.

We know that buying international real estate isn't the most convenient way of taking some decent gains. But, we figured that a small group of elite individuals like the Reserve Members would want every possibility open to it, from the ordinary to the exotic.

And if the possible real estate deals in paradisiacal locales weren't enough, we come to the final benefit of the Reserve's "World Travel to Profits" program... this final benefit is so sensitive that even Reserve Members must meet certain requirements to obtain an invitation... but once those requirements are met, you can act like a venture capitalist and get in on this type of hush-hush, closed-door opportunities.

The total yearly value of enrollment in the Agora Financial "World Travel to Profits" program: at least $2,690 per year.

Your Benefits Added Up: Save at Least $122,162

Lifetime subscriptions to all of our research newsletters...
value: $455 per year

Lifetime membership to all of our "VIP" stock research services...
value: $3,495 per year

Lifetime membership to all of our option trading services...
value: $8,970 per year

Lifetime receipt of the Agora Financial Focus List portfolio ...
value: $995 per year

Lifetime free enrollment in the "World Travel to Profits" program ...
value: $2,690 per year

Free Lifetime subscriptions to every single research newsletter and options service that the Reserve is able to publish in the future...
value: unknown, but massive.

The right to use the Legacy Program to pass your lifetime Reserve Membership to a member of your family...
value: priceless.

So, as you can see, the total measurable yearly value of a Reserve Membership is $16,605. And that yearly value will increase at a steady rate as we launch new research newsletters and options services.

That means... five years of Reserve benefits is conservatively valued at $83,025... and a full decade of stellar profits, travel, and research is worth $166,050, at the very least.

That's why you might think I'm crazy to offer the Reserve for a one-time $10,000 price for a lifetime of membership.

That's a savings of $6,605 in the first year alone... and you receive almost everything Agora Financial publishes for free for life! Over the next decade, you'll save a whopping $156,050... but wait — because I'm not going to charge anywhere near $10,000 for you to join the Reserve.

Why You Really Ought to Act Right Now. . .

For this invitation to the Reserve, I've also decided to slash the price another 35%, to only $6,497.

That's a small one-time payment for you to receive such a lifetime of research and gains.

That's all you'll ever pay, except for a small annual maintenance fee of $149 to cover the ever-rising print and postage costs — conveniently charged directly to your credit card each year.

Without this small maintenance fee, we wouldn't be able to offer the Reserve at such a low price — a price that could save you at least $158,212 over the next decade.

Please remember, though, that this offer is strictly limited.

When we hit our 1% enrollment limit or when Jan. 1 rolls around — whichever comes first — you may never see this special offer again. In fact, you may never see another Reserve Membership at any price.

If we offer Reserve Membership invitations again — and that's a pretty big "if" — the price could be $7,000 or higher. (The price may go even higher than that, depending upon how many new services we launch...)

So accept this invitation to make absolutely sure you can take advantage of the unique benefits reserved solely for Reserve Members.

After all, when we hit our 1%, we're going to carefully study how Reserve Members take advantage of the hush-hush and tiny, thinly traded opportunities open only to them. If we see that the Reserve's microscopic benefits can't handle any more exposure to serious investors, we will be forced to forever close the doors of the Reserve.

We'll simply have to shut it down, in that case, to protect the interests of Reserve members... so I recommend that you act immediately to ensure you grab your spot. And here's why you won't have a doubt about joining the Reserve right now:

Your Complete "Satisfied and Wealthy" Guarantee: Get the Reserve Free for 30 Full Days

Since the Reserve is the most uniquely beneficial service that Agora Financial has ever unveiled, it also has the most unwavering guarantee.

You get one full month to decide if the Reserve fits your needs and profit targets. If not, you can get a complete refund. You heard that right: If you let 30 days pass and call us on that last day of the month, we will immediately and cheerfully refund 100% of your membership price, no questions asked.

You keep every service and newsletter we provide you with over that month... so we're essentially offering you a free 30 days of our best research, along with the travel Summits and other services closed off to non-Reserve Members.

Why the heck would we do something like that?

You see, we want to make absolutely sure each and every Reserve Member is 100% satisfied with the pinnacle of Agora Financial service.

We want you to read our newsletters and take respectable, market-pummeling gains from the stocks recommended therein. We want you to take monstrous, sometimes triple-digit gains in short time frames from our aggressively profitable options research services.

We want you to attend each and every one of our public conferences and Private Reserve Summits, to meet us personally and take advantage of the smaller hush-hush opportunities that can only be shared with small groups.

We want you to love — and profit from — the Reserve so much that you look forward to passing it onto your most loved family member through our Legacy Program.

If you're unsatisfied with even one aspect listed above, we don't want you to have to spent your hard-earned money on the Reserve.

That's why we insist on this guarantee that puts Agora Financial at considerable risk if you find yourself the least bit unsatisfied with the Reserve — because, after all, if the service is as good as we intend it to be, Agora Financial has no risk at all, because you'll be ecstatic with the benefits you derive from your Reserve Membership and you'll stay with us for the long haul.

Why It Might Be Unwise to Wait Until Midnight, Jan. 1. . .

I cannot stress this enough: We're going to close the Reserve Membership (perhaps for good) at the stroke of midnight on Jan. 1, 2009.

But I'm firmly convinced that we'll be forced to cut off memberships long before then. That's because I'm personally convinced that we'll hit our limit of 1% of existing Agora Financial readers very quickly.

China: The Hope of the World Economy?

Sweden to GM/Saab: Drop Dead!

Finally, a nation with a little backbone...a little integrity...a little good sense. And guess what, it's that dreary socialist refrigerator - Sweden. Asked to bailout its GM-owned automaker, Saab, the country's Prime Minister just said 'no.' Good for him...

"Voters did not pick me to buy loss-making car factories," he explained.

But it's a time of contradictions, paradoxes and oxymorons. Up is down. Right is left. In is out. Good is bad.

The socialists are the only ones protecting the free market, now. Americans are scuttling it with every chance they get. The stocks of capitalist companies are going up in communist China...but in America, they're going down. Since November, the Shanghai index has outperformed the S&P by 75%.

And back in the United States, projects that were considered too marginal to justify spending money a year ago are now thought to be indispensable. And the IOUs of the biggest spendthrift on the planet are the hottest item on the market. Ten-year Treasury notes are now priced to yield only 2.99% - just as the Obama administration announces a $1.75 trillion budget deficit.

Even crooks and criminals are flummoxed. A guy walks into a big downtown bank. He points a gun at the teller and says: "Give me all your money."

The teller replies calmly: "You don't understand. This is a bank. We don't have any money."

The only people with money now are the people who never earned any...the people who print the stuff.

But back to China:

All the things that used to convince pundits that China was hopeless now persuade them that it's the hope of the entire world. "China's autocrats can announce a stimulus - and get on with it," writes John Authers, admiringly, in the Financial Times. They don't have to beg and bicker with the dunderheads in Congress. They can just do it.

And China's banks are more solid, too. "China's are in good health, with both loans and deposits rising. American counterparts are not."

But our irony cup runneth over when we read Auther's next comparison:

"Finally, there is confidence in officialdom." The markets have lost confidence in Tim Geithner and the rest of the feds, he says. "Meanwhile, hope...is pinned on the audacity of Chinese officialdom and is ability somehow to keep their economy on course."

Everything is so topsy-turvy, dear reader, we think we're going to throw up.

The whole world now turns its weary eyes...not to that bastion of free- market leadership, the United States of America, but to a country that has only had a quasi-free-market in goods and services for less than a quarter century...a country still run by Maoists. It is to them that we supposedly look to save the world economy!

What a great time to be alive! Practically every headline makes us want to reach for a drink. And we're finally getting to see something that we only read about in the history books...yes, we're going to find out what makes a depression so great.

Bankruptcy filings in the United States were up 37% in February, over the year before. House sales plunge, say the papers. Auto sales plunge, say the websites. Joblessness soars, says this morning's news. Corporate America laid off 158% more workers this February, as compared to a year ago. Since the beginning of the year, layoffs are running 191% ahead of the same period in 2008. Almost a half a million people have lost their jobs so far this year...and there are 10 months left to go.

The Dow gained 149 points yesterday. Our "Crash Alert" flag is still flying...but the Dow is probably going to rally for the next few days.

Gold, meanwhile, continues its correction. It fell to $906 yesterday. Goldbugs, don't despair. Have faith. The commies aren't going to pull the world economy out of its tailspin. The bailouts and boondoggles in the West aren't going to do it either. Buying gold is still the smartest long-term decision that you can make for your portfolio...and we suggest you take advantage of this correction. Buy some while the price is low - and even better, you can get the yellow metal for just a penny per ounce. Get yours now.

Remember, this is a depression, not a recession. Both America and Chinese economies have lived in a grand, symbiotic delusion for the last 10 years. America believed it could let the Chinese do all the sweating and saving. China believed it could make money by selling to people who couldn't afford to buy. Now, both economies need perestroika. Both need to be refocused. China will turn its economy towards domestic consumption...and military spending, no doubt. America will have to accept a lower standard of living with fewer imports.

These adjustments take time. The last time the world went through a depression was in the '30s. Every major economy - except Britain - fell backwards...all of them losing more than 20% of GDP. It took three years before they hit the bottom. Then, some bounced back quickly - Germany and Japan - thanks to military spending. Others - the United States and France - barely bounced at all.

*** More bubbles ready to burst. In the United States, public pension systems are under-funded by about $1 trillion. Firemen, teachers, policemen, municipal workers...state bureaucrats. Every one of them is looking to the feds for a bailout.

Oh...and AIG is getting its FOURTH go-round of rescue money. The fifth one will come around soon enough. And there's Detroit...California...student loans...commercial loans...the banks...the homeowners...the unemployed...the sick...the halt...the lame...the blind...the plain stupid.

Where will the feds get the money?

They'll continue to borrow it. Then, when lenders get tired of lending, they'll print it. That's when gold will really fly...but that might not be for another few years.

For the moment, lenders like buying U.S. government IOUs. It's the only thing they feel they can trust. One way or another, they're sure Uncle Sam will make his payments.

But, as we've been saying, we live in an upside down world. If and when the fear subsides, investors are going to look elsewhere for yield. Prices will begin to rise again. So will yields. So, the U.S. government will have to pay more to borrow. Thus, as things get better for the economy...they will get worse for the U.S. Treasury. It will find itself with higher and higher interest costs...and no way to pay them.

What will they do? Throw up their hands and admit they can't make their payments? Or print money? We've already made our guess; they will do the wrong thing.

*** What is the right thing to do?

"Leave it to time to affect a permanent cure by the slow process of adapting the structure of production..." said Friedrich Hayek.

"Depressions are not simply evils, which we might attempt to suppress," added Schumpeter, "but forms of something which has to be done, namely, adjustment to change."

The economy needs to be restructured. The dead wood needs to be burnt off. But the feds are trying to stop the fire.

Alas, said Schumpeter, "most of what would be effective in remedying a depression would be equally effective in preventing this adjustment."

Bradford Delong explains:

"...certain investments should not have been made. The best that can be done in such circumstances is to shut down those production processes that turned out to have been based on assumptions about future demands that did not come to pass. The liquidation of such investments and businesses releases factors of production from unprofitable uses; they can then be redeployed in other sectors of the technologically dynamic economy. Without the initial liquidation the redeployment cannot take place. And, said Hayek, depressions are this process of liquidation and preparation for the redeployment of resources.

"As Schumpeter put it, policy does not allow a choice between depression and no depression, but between depression now and a worse depression later: 'inflation pushed far enough [would] undoubtedly turn depression into the sham prosperity so familiar from European postwar experience, [and]... would, in the end, lead to a collapse worse than the one it was called in to remedy.' For 'recovery is sound only if it does come of itself. For any revival which is merely due to artificial stimulus leaves part of the work of depressions undone and adds, to an undigested remnant of maladjustment, new maladjustment of its own which has to be liquidated in turn, thus threatening business with another [worse] crisis ahead.'

*** We got on the Paris metro this morning. In the car, there were two fellows...bums...in worn-out jackets...scuffed-out shoes, without socks. They didn't seem drunk or drugged, just very tired. One bent over with is his head on his knees. The other was bent over too but uncomfortable...swaying, as if he was about to be sick. Both had an eastern European ...or Turkish look. Maybe they were gypsies...dark complexions, but European features...rough, course...with thick hands and dirty fingernails. Occasionally, they exchanged words in a language we didn't understand. The older one seemed less well than the younger man, who was probably in his 40s. As they tried to sleep, the younger one fell off his seat. Catching himself...he put his head back on his knees...and then, a minute later, he fell off again...this time right onto his head. Then, he picked himself up and sat down...and dozed off again.

Isn't that a question, though...

The Peak Oil story was never about running out of oil. It was about the collapse of complex systems in a world economy faced by the prospect of no further oil-fueled growth. It was something of a shock to many that the first complex system to fail would be banking, but the process is obvious: no more growth means no more ability to pay interest on credit... end of story, as Tony Soprano used to say.

There was a popular theory among Peak Oilers the last decade that the world would enter a "bumpy plateau" period when the global economy would get beaten down by Peak Oil, would then revive as "demand destruction" drove down oil prices, and would be beaten down again as oil prices shot up in response - with serial repetitions of the cycle, each beat-down taking economies lower - the only imaginable outcome being some sort of quiet homeostasis. This scenario did not play out as expected. It was predicated on a mistaken assumption that all systems would retain some kind of operational resilience while ratcheting down. Anyway, the banking system was mortally wounded in the first go-round and the behemoth is dying hard.

The last desperate act of the banking system in the face of Peak Oil's no-more-growth equation was to engineer species of tradable securities that could produce wealth out of thin air rather than productive activity. This was the alphabet soup of algorithm-derived frauds with vague and confounding names such as credit default swaps (CDSs), collateralized debt obligations (CDOs), structured investment vehicles (SIVs), and, of course, the basic filler, mortgage backed securities. The banking system is now choking to death on these delicacies.

The trouble is that the EMT squad brought in to rescue the banking system - that is, governments - can't remove these obstructions from the patient's craw. They don't want to drown in a mighty upchuck of the alphabet soup.

The collapse of complex systems is actually predicated on the idea that the systems would mutually reinforce each other's failures. This is now plain to see as the collapse of banking (that is, of both lending and debt service), has led to the collapse of commerce and manufacturing. The next systems to go will probably be farming, transportation, and the oil markets themselves (which constitute the system for allocating and distributing world energy resources). As these things seize up, the final system to go will be governance, at least at the highest levels.

If we're really lucky, human affairs will eventually reorganize at a lower scale of activity, governance, civility, and economy. Every week, the failure to recognize the nature of our predicament thrusts us further into the uncharted territory of hardship. The task of government right now is not to prop up doomed systems at their current scales of failure, but to prepare the public to rebuild our systems at smaller scales.

The net effect of the failures in banking is that a lot of people have less money than they expected they would have a year ago. This is bad enough, given our habits and practices of modern life. But what happens when farming collapses? The prospect for that is closer than most of us might realize. The way we produce our food has been organized at a scale that has ruinous consequences, not least its addiction to capital. Now that banking is in collapse, capital will be extremely scarce. Nobody in the cities reads farm news, or listens to farm reports on the radio. Guess what, though: we are entering the planting season. It will be interesting to learn how many farmers "out there" in the Cheeze Doodle belt are not able to secure loans for this year's crop.

My guess is that the disorder in agriculture will be pretty severe this year, especially since some of the world's most productive places - California, northern China, Argentina, the Australian grain belt - are caught in extremes of drought on top of capital shortages. If the U.S. government is going to try to make remedial policy for anything, it better start with agriculture, to promote local, smaller-scaled farming using methods that are much less dependent on oil byproducts and capital injections.

This will, of course, require a re-allocation of lands suitable for growing food. Our real estate market mechanisms could conceivably enable this to happen, but not without a coherent consensus that it is imperative to do so. If agribusiness as currently practiced doesn't founder on capital shortages, it will surely collapse on disruptions in the oil markets. President Obama at least made a start in the right direction by proposing to eliminate further subsidies to farmers above the $250,000 level. But the situation is really more acute. Surely the US Department of Agriculture already knows about it, but the public may not be interested until the shelves in the Piggly-Wiggly are bare - and then, of course, they'll go crazy.

The recent huge drop in oil prices has left the public once again convinced that the world is drowning in oil - if only the scoundrelly oil companies were forced to deliver it at reasonable prices. The public has been consistently deluded about this for decades. What's missing so far is for the president of the United States to lay out the reality of the situation in a dedicated TV address. I know a lot of you think that Jimmy Carter already tried this and failed to make an impression (and ruined his presidency in the process). I guarantee you that Mr. Obama will have to do this sometime in the next few years whether he likes or not, and he'd be well-advised to get it done sooner rather than later. And by this I don't mean just vague allusions to "energy independence" or "renewables" in speeches devoted to many other issues. I mean telling the public the plain truth that we'll never offset oil depletion and the intelligent response is to do everything possible to transition to walkable towns and public transit, not to sustain the unsustainable.

The alternatives - i.e. what we're trying now - is to further delude ourselves into thinking that we can run Wal-Mart and the suburbs by some other means than oil. Despite all our investments in these things, we won't be able to run them by other means, and the news about this had better get out before enormous disappointment turns into titanic rage. If Americans think they've been grifted by Goldman Sachs and Bernie Madoff, wait until they find out what a swindle the so-called "American Dream" of suburban life turns out to be.

This week, in the power centers of America, attention is fixed on the never-ending fiasco of AIG - a company whose main product turned out to be credit default swaps, and is now choking on them. Kibitzers on the sidelines of finance are forecasting a king-hell bear market suckers' rally in the stock markets followed by a belly flop to Dow 4000 or lower. I myself called for Dow 4000 two years ago - and was obviously a bit off on my timing. All this is surely trouble enough. But while your attention is focused on Rick Santelli in the Chicago trader's pit, or Larry Kudlow desperately seeking "mustard seeds" of new growth in financials, try to let one eye stray to the horizon where these other complex systems are working out their next moves. Farming. The oil markets. These are the coming theaters of alarm and distress.

 

What the "Fear Gauge" Is Telling Us Now

Don't look now, but the administration that swore it was ignoring the daily gyrations of the stocks markets has suddenly turned bullish.

While Wall Street tumbled earlier in the week, President Obama remarked, "What you're now seeing is profit-and-earning ratios are starting to get to the point where buying top stocks is a potentially good deal if you've got a long-term perspective on it."

And while the long-term view has been the bedrock pitch of fund managers everywhere for decades now, the market simply wasn't buying it―even from the new President.

In fact, since the new administration grabbed the wheel of this burning bus, the S&P 500 has dropped another 15% for a total decline of 52% over the last 52 weeks.

Hope, it seems, has turned back into fear.

That has every trader on Wall Street fixated on the VIX fear gauge as a window into the market's next move.

You see, the VIX is one of the so-called contrarian indicators. That is, it tells you whether or not the markets have reached an  extremely high level of fear. If so, that tends to be a sure sign the markets are about to stage a reversal.

The idea here is if the wide majority of traders believe the world is coming to an end, the market is usually ready to turn the other way.

Of course, "the crowd" hardly ever gets it right. (So much for the rational market theory.) So, the smart money simply uses the VIX indicator as a sign to bet against them all.

There is only one small problem with this time-tested strategy... But, first, it's important to understand how the VIX works because, in a sense, we're not in Kansas anymore.

So, What Is the VIX Indicator?

Developed by the Chicago Board Options Exchange in 1993, the CBOE Volatility Index (Chicago Options: ^VIX) is one of the Street's most widely accepted methods of gauging stock market volatility.

Using short-term near-the-money call and put options, the index measures the implied volatility of S&P 500 index options over the next 30 day period.

But because it is basically a derivative of a derivative, it acts more like a market thermometer than anything else.

And like a thermometer, there are specific numbers that tell the market's story.

A level below 20 is generally considered to be bearish, indicating that investors have become overly complacent. Meanwhile, a reading of greater than 30 implies a high level of investor fear, which is bullish from a contrarian point of view.

In fact, the old saying with the VIX is, "When the VIX is high, it's time to buy." That's because when volatility is high and rising, it means the crowd is scared. And when the crowd is scared they sell, and stock prices fall dramatically, leaving bargains for money-making traders.

What the VIX "Fear Gauge" Is Telling Us Now

Unfortunately, given the depth and breadth of the current bear market, what has worked in the past with the VIX indicator has been largely tossed out the window.

That's because the combined forces of the credit contraction and the economic downturn have pushed the fear levels well beyond those time-worn figures.

In fact, at the height of the market meltdowns in October 1998 and August 2002, the VIX failed to go above 50. However, in today's tumultuous markets, the VIX routinely trades above 50, while a reading of 30 would be something of a welcome sight.

Take a look the VIX's new look:

vix2

As you can see, the old 20-30 routine has been left completely in the dust. So as a market thermometer, the VIX readings of old have lost their meaning completely.

Instead, what the current readings on the VIX are telling us is something that's not exactly news: that this current crisis is like nothing the markets have ever seen before, especially when compared to more recent experiences. As the markets go "off the charts," so has the VIX indicator.

As a result, options investors are essentially paying twice the ten-year average on the VIX to insure stocks against losses well into the future.

In fact, according to Bloomberg, "Contracts to protect against a decline in the Standard & Poor's 500 Index for two years cost $15,160 on the Chicago Board Options Exchange at the end of last week, compared with $6,875 in 2007."

That's a signal that investors in these contracts see the current bear market extending into 2011.

"There's a real panic in the markets, with some people wanting to buy long-term insurance at any price," fund manager Peter Sorrentino told Bloomberg. "People have lost hope."

So, while President Obama now believes that top stocks have become cheap, the options activity in puts has headed in the opposite direction.

The key, of course, will be watching to see if and when the VIX returns to "normal." That will be a clue that investor confidence has finally been restored.

Until then, it looks like this bear market still has some room the downside.

Forget the Stock Market, Here's Your Gratis Currency Service

Forget the damned stock market. Who knows what's gonna happen?

But don't forget about making some clean, quick double-digit gains with currency options. Like these:

Just two days ago, long time DR reader and options slinger Bill Jenkins took a clean 20% on a bet against the euro.

And, Bill's yen play jumped up 13% in just 24 hours.

What's more, both of these double-digit moves happened this week!

Today Bill wants to comp your account to receive 6 free months of his quick-moving currency options plays.

But for today only...because this sweet deal ends right at midnight tonight.

How would you like six free months of our newest, aggressive options trading research service?

No kidding.

With gains like 100% overnight,23.4% in 48 hours, and 70% in just 4 days already in the books ― six full free months could make you wealthy. And who knows? Six full free months could even put six figures in the bank.

What you're about to read is that important.

In fact, I expect my number of readers to double.

Hundreds have already jumped on board with what I'm about to show you.

You can join them � and start getting the chance at gains like 100% in one day, 33.24% in just a week, and 70% in only 4 days.

I'll explain exactly how you can claim your six free months at the end of this letter.

Nobody gives anything away for six months, especially if it's going to make me bunches of money. I bet that's what you're thinking.

I understand how you feel. What I'm about to reveal might shock you…it also stands to make you very, very rich this year.

Give me just three minutes of your time, and I'll show you why I'm actually thrilled to give you 6 full months of options picks for FREE.

The Forex Strategy The Pros Use � Yours FREE For Six Months � Quick, Safe, Fast Gains For The Taking

The best Forex (FX) traders make huge gains no matter if the markets are up or down.

In just a moment, I'll show you how I've recently enjoyed tremendous success and produced gains like ―

33.24% in a week
23.4% in 48 hours
Even 100% in one day

Those profit plays were among a handful that went to a select group of test readers. If you act today, you can join them risk-free.

How's that sound?

I'll even introduce you to folks just like you who receive my step-by-step recommendations.

They aren't FX experts. They aren't Wall Street pros.

They're everyday people who're making repeatable and huge gains.

And what I'm about to show you is safe. It's fast. It's fun. And it's easy.

However I have to warn you, if you're interested in what I'm about to reveal, I must hear from you before midnight Thursday, March 5. Because I'm offering 6 FULL MONTHS…for FREE. All you have to do is claim it at the end of this letter…

First though, I should give you the background info. Including how easy it could be, with the right FX plays, to start making your own fast, repeatable profits.

Here's How YOU Could Make Easy Forex Profits

On Monday, Oct. 27, 2008 ― at 1:17 P.M., I sent a short email to my select group of testers. In this email, I recommended one simple FX trade.

If they wanted to take advantage of my recommendation, my testers didn't need any special knowledge. They never even had to look at a chart.

I laid out my case slowly and simply ― in a few words.

Even better, my testers don't need a special trading account. And they don't need to go through some complex brokerage to execute the recommended trades.

So how did my select group of testers fare with my simple recommendation?

I gave the sell alert via another simple, easy-to-follow email.

All I do is open up the world of FX trading to anyone who wants to take part ― and see some fast gains.

In fact, I've been perfecting my methods for over 15 years.

So rather than getting started with the FX markets by spending money for some course you see on TV, you could be making money with specific plays just days from today.

I'll prove it to you in just a second.

By now you're probably wondering how I made 100% in just over a day.

My secret is simple. And it could change your life forever...

Safe FX OPTIONS Maximize Profits

You know how with regular stocks you can buy a call option if you think the price will go up? Or buy a put if you think the price will go down?

I can safely and easily play lucrative options on six major world currencies ― the British pound, the yen, the euro, the Swiss franc, the Australian dollar and the Canadian dollar.

These currency options I recommend trade on the Philadelphia Stock Exchange. You can play FX options just like an option on a normal old stock.

Options are a great way to trade FX with strict minimum risk and very little starting capital.

Now here's the best part...

Even if everything I just said is Greek to you ― you can still get started with FX options.

And you could start raking in some serious money in a hurry.

How?

It all goes back to my simple strategy ― just like I described in the emails I send to my testers.

Here's my philosophy on FX options in a nutshell: I do all the work. I tell you what I think the best play is. You decide whether to execute that play for maximum profits. That's all there is to it!

In just a moment, I'll even show you my entire strategy for picking the best FX options plays ― from start to finish.

I'll introduce you to my group of testers. They've been receiving my simple emails and raking in huge gains in just days...

And I have more exciting plays in store ― plays I want to share with you, starting today.

Remember though, if you're interested in what I'll show in the next few minutes, you must take action today. I can only offer 6 FULL MONTHS FOR FREE until midnight Thursday, March 5 ― because I'm staking a lot just to send you this letter today. I'll give you the specifics in a moment.

To help you reach a decision, let me show you more about how I make such impressive FX options gains so fast...

FX Options Let You Control Your Profit Potential

On Nov. 4, 2008, I sent another one of my simple emails to my testers.

I recommended Eurodollar puts.

It was a bet against the value of the euro versus the U.S. dollar.

I told them exactly what they should pay for each option contract, and exactly the steps they needed to take if they wanted to put the trade into place.

Then, on Nov. 6 ― just two days later ― I sent another of my simple email alerts, complete with a specific recommendation to exit the position.

My readers could've walked away with up to 23.39% in gains. In just two days.

Gains like this are much faster and easier than what you could get with regular stocks.

Sadly, most people only invest in stocks.

I'm sure you know how that's turned out this year...

The Dow Jones Industrial Average is down about 40% since its highs in Oct. 2007.

It's not uncommon nowadays to see volatile swings of 4-5% or more...in a single day.

Faced with all the current pain on Wall Street...

...11.65% per day ― for a total of 23.39% in two days ― well, it looks pretty good, right?

Of course it does. FX options give you a chance to make money no matter what's happening on Wall Street. In fact, FX options can actually become more lucrative as stocks fall!

That brings me to what could be the biggest benefit of FX options.

Why I Haven't Bought a Single Stock in The Last Ten Years

I haven't bought a single stock in over 10 years. Why?

I can make huge gains, sometimes 100% or more in a day, with safe, simple FX options plays.

FX options let you remove yourself from the world of earnings reports and CEO hype you see in the stock market.

FX options return gains to you because of "big picture" trends anyone can understand. You just have to know how to choose the best options...

For example, say I buy a stock. I hold that stock and it goes up. Sometimes, I have to wait years for the stock to go up so much that I can actually make a nice profit by selling it.

Or...the stock could go down. Which is essentially the same as flushing hard-earned money down the drain. Because all sorts of things have to happen for the stock to start going up again.

That's pretty much it for stocks. Two basic outcomes.

OR...I could completely remove myself from the nastiness on Wall Street.

I could scoop up all my money and leave the table. Walk right out of their game and never look back.

That's exactly what I did a few years ago. I'll tell you my whole story in just a moment...including why I LOVE the fact I haven't bought a stock in over 10 years.

See, what I did is turned to something safer, even more liquid, and a lot faster to make the gains I want.

And it's exactly the power I want to share with you today.

Because people who buy and hold stocks ― you know they're getting hurt pretty badly right now.

Retirements are on the line. Pensions are being destroyed. People's lives and futures hang in the balance.

I feel badly for those folks. I truly do.

Because it doesn't have to be that way.

There's a safer way ― a way to make 100% in one day, or 23.39% in just two days, as I've shown.

And it's simple. It's not tricky. You don't have to be a "pro." You don't have to look at one single chart. You can simply follow my specific recommendation and wait for the gains to roll into your account.

I believe with everything I am that FX options are a way for regular people like you and me to see big money, sometimes overnight, in the largest and most lucrative market on the planet.

The FX market.

So far I've shown how I make my big gains, where I make them, and why they're the best type of gains in the markets today.

But I'm just getting started with the benefits to FX options plays.

I have so much more to show you.

Including the feedback I've recently received from some of my test readers.

In a moment, I'm even going to give you the chance to join them. But I can only keep my group open for a short time.

Why?

So if you're interested, you're going to have to act fast.

But that's later...because I want to share with you a bit of my personal philosophy. If it doesn't prove why FX options are the best place to make big gains, I don't know what will.

Buy-and-Hold Stock Strategies Are Risky and Outdated ― My FX Options Plays Give "Quick-Strike" Gains

On Oct. 27, 2008, I sent another of my short notes to my testers.

In my note, I explained why the November British pound 1.58 calls were a solid play.

I also told my readers exactly what to do.

One week. 33.24% gains.

That's a quick strike gain while the rest of Wall Street stumbles around, looking for the next piece of bad news that will send markets plummeting.

By now you're probably wondering, what is it about foreign currency options that make these quick strike gains possible over and over again?

The FX market is the most liquid in the world. There's a lot of cash floating around. In fact...

Over $4 trillion changes hands in FX trades...each day. Some days, that means up to 40 times more money is floating around in FX markets than in all the stock markets around the world...

All that money ― all that sloshing liquidity ― means one thing:

Positions change, are bought and sold, and MOVE more than in any other market on earth.

Here's the catch, and why you're in such special shape today...

Simply Rack Up Gains and Forget All The FX Hype You Hear

To trade FX professionally, I know analysts who use up to four huge computer monitors and are literally tied to their desks for up to 18 hours a day.

With all that cash floating around, the big guys have to be careful.

A position can go against them and erase fortunes in a hurry.

These "pro" traders ― the type of guys you see selling FX programs on late-night TV, aren't just in it for the money.

They trade FX to prove how tough they are. How much "pressure" they can take.

That's madness if you ask me.

I don't do it that way. I found a better way. Less stress. Less risk. Less effort.

All I do is take advantage of the best quick strike FX options moves of the moment and write short, detailed, specific emails to my testers.

Those other guys can keep the chest-beating and fancy suits. They can sit at their computer for hours on end, ignoring everything else in their lives.

I make money ― and I can make money for you too ― by sidestepping all that craziness.

And still give you a chance at awesome, quick strike profits like 100% in a day, 23.39% in two days, or 33.24% in just a week.

You can join them, and start collecting your own fast, easy FX options profits ― but only if I hear from you before midnight Thursday, March 5. My shocking offer for 6 FREE months, must end strictly at that time.

Now, I promised I'd show you what my testers have to say about my picks.

I always welcome feedback from my readers ― and here's what they've been saying.

No Fancy Gimmicks ― No Smoke and Mirrors, Just the Straight Story From My Test Readers

Now I know I've said this before, but trading FX options isn't hard.

You just need the right information and the right picks.

The fast, easy gains are there for the taking.

In fact, some of my testers didn't know a thing about the FX markets before they started receiving my simple trading emails.

Even without a bunch of fancy charts or complex technical indicators ― here's how they've been doing following my recommendations:

"Nice call! In at 3, out at 3.80, 22% in 24 hours. Thank you!"

Adam Thomas,
Syracuse NY

Here's another reader email...

"Thanks for another great option call! I got my position on Wednesday at $3 even, per contract, and sold yesterday for $3.90. 30% in 48 hours - nice!"

John Martin,
Omaha NE

With quick strike FX gains like these, you can choose never to go back to the choppy stock markets...

"This is my first trade using this new service. 33% in 2 days!"

Doug,
Sante Fe NM

"I made 27% on my first currency option trade."

Michelle,
Allentown PA

"I made a very, very nice profit on 12 options."

Andrew Victor,
Colorado Springs CO

It really is this easy.

I send you trading emails right from my desk. You read them and decide whether to act.

Over and over again.

By now you're probably wondering who I am exactly, and how I do what I do.

My story might surprise you.

I Tried Half a Dozen FX Strategies ― All Useless Then I Built My Own ― And Started An Incredible String of Huge Successes

My name is Bill Jenkins. I run an elite trading research service called Master FX Options Trader. How I came to helm it is a story worth telling...

Years ago, while working as a minister, a friend told me the stock market was a great place to make money.

What this friend failed to tell me was that stocks were a great way to lose money too.
He probably assumed I'd figure that part out on my own.

And I did. Big time.

See, I grew up in a working-class family and have six brothers.

Since we never had much of it, money always interested me.

My father worked very hard to put his seven sons through school ― and he saw to it that I received a top-grade seminary education.

But minister's salaries being what they were, and since I had my own rapidly growing family at the time ― I needed to turn somewhere else to make extra money.

I didn't start out with "speculation" money. I needed extra money to feed my family and keep the lights on.

That's when my friend suggested stocks.

And boy, did I lose a bundle.

See a pattern emerging here?

Then, in 1993, I stumbled on currency options.

It was a Eurodollar call that started it all.

I made $1,000.

That might not seem like a lot to you ― but it meant the world to me.

Of course, after making that first $1,000 I was hungry for the next $1,000.

You know how this works.

How I Simplified FX Options Gains For You

I collected every book on currencies and currency options I could find.

I bought into all the complex systems those guys were offering.

I bought into all their noise.

And my FX fortunes turned. For the worse.

I've never revealed to anyone exactly how much money I lost in those early years. Only my wife knows the number.

But I'll tell you this ― I lost more than most people make in a year, but less than the cost of an advanced degree from Harvard Business School.

An advanced degree in FX options is essentially what I ended up with.

Because I learned that in the world of FX, all those hotshots were selling the same warmed-over garbage and calling it a filet mignon.

I learned how to trade FX the hard way.

The expensive way. Through 15 years of tweaking and relentlessly perfecting my methods.

I'm happy to say I have perfected my methods for quick-strike FX gains. That's exactly why I'm writing to you today...

And it might sound crazy, but I found that if I simply reversed what all the "experts" said to do, I'd be in a better position to see gains.

For example, the conventional wisdom says that to trade FX well, you need to leverage yourself to the hilt and bank on tiny moves.

That wisdom, as you might guess, is conventional.

And wrong. And potentially disastrous to your money.

By reversing their advice, I forced myself to study each and every building block of trading.

I learned the entire world of FX options one step at a time, one piece at a time, from the ground up.

And I perfected my own strategy. A personal, proprietary strategy that's been working like gangbusters for a select group of testers.

I'll show you how my strategy works in just a second.

And, as I've said before, I'll give you a shot at joining my test group in only a few minutes.

To do so however, you must act today. In a moment, I'm going to show you how to get everything I know for six months, for FREE ― but I must hear from you today if you're interested. This shocking offer expires in just a few days...

But before we get there ― I also promised I'd show you an example of exactly how I guide my testers to huge quick strike FX options gains.

Well, as you'll come to see, I'm a man of my word. Here's the scoop on how my trading alerts work...

Act Right Now And Start Getting Potentially Profitable Alerts. . .Like This One

Here's the alert I sent on Oct. 27 to my testers. This recommendation ended up a 100% winner in just over 24 hours.

That's it. That's how easy it is.

I lay out my case for the current FX recommendation in just a few words, tell you exactly what the best play of the moment is, and a normal brokerage account can do the rest.

All you have to do is make a phone call ― and collect the profits.

Just like my testers could have done with these British pound calls.

In fact, here's the "RECOMMENDATION" line of my sell email. You won't believe how simple it was.

Now, I also promised I'd show you how my strategy works ― how I find the best FX options gains.

I promise, in fact you have my word ― my alert emails will NEVER be as "complex" as the stuff you're about to see.

In the interest of honesty and full disclosure though, I know I must show you HOW I find the best FX options winners.

All You Do Is Watch the Gains Roll In ― But Here's How I Pick the Best FX Options Plays

I know this might be a risk.

What I'm about to show you is the heart and soul of my FX options-picking strategy.

In fact, I'll lay out my thinking for you step by step.

Because I know 6 FREE months of profitable FX options picks is important � but even more important is proving to you that what I send has the ability to make you serious gains…

That's the most important thing.

And I learned what I'm about to show you through years of hard experience. No one ever "handed" me gains. I lost my own money to learn how to trade FX options for maximum profits.

If you act right now, I can start putting this experience to work for you.

In no time, you could be raking in gains like...

33.24% in a week
23.4% in 48 hours
Even 100% in one day

So here's exactly how I scour the FX markets to find those gains...

What you're about to see is what I used to hit the 100% homerun in one day you just read about above. The charts you'll see show the British pound relative to the U.S. dollar.

That's what I do. I crunch the technicals. I study the fundamentals. So you don't have to.

I mash all my information together and pick winning FX options plays.

Over and over again.

And I can start picking winning moves for YOU starting today.

Who knows, one of my picks might even end up returning massive gains like...

FX Options Can Explode to Huge Gains In Virtually No Time at All

FX options can sometimes even explode to huge gains at a lightning pace.

Recently, there's been some tremendous activity with euro calls.

Here's just a sample of the huge gains that have popped up...

On Nov. 24, by 10:02 A.M. ― just a half hour after the markets opened ― a pair of euro calls were up 400% and 2,960% each.

Then, on the 25th, at 1:14 P.M., two others were showing gains for the day of 76% and 228% each.

This means on back to back days, traders who got in and out at the perfect time could've profited from simple moves and seen gains of...

Just think of the safe, reliable FX options money you could be raking in starting today.

And now that I've shown you some of my excellent track record, shown you what my testers have to say, and shown you how I make my winning FX options picks, all that's left is for you to join my group of readers and start seeing your own gains!

Master FX Options Trader  Gives You GAINS and TOTAL Protection

I've said it several times already, but I have to say it again. If you're interested in the offer I'm about to make to you, I must hear from you today. Right now.

But before we get to that, let me tell you what you'll receive from me as soon as you join Master FX Options Trader.

A full year of new trading recommendations straight from my desk:
I scour the FX markets for the best play, crunch the charts and the numbers, then send you an easy to follow email with a specific recommendation just like you've seen

Flash updates when positions change:
If a move is swinging in our favor and it's time to cash out our gains, I'll send you a quick email and give you all the details. You'll never be on the wrong side of a move

Weekly "State of the Markets" Trading Wrap-ups:
I'll break down all the latest market news and tell you the latest on each of our recommended positions in these compact, info-filled weekly email wrap-ups

Full Master FX Options Trader Website Access:
As soon as you sign up, you'll receive a unique ID and Password for the members-only Master FX Options Trader website. Here, you can read all my past alerts, check out our model portfolio, and send me feedback on your successes

FREE "The Easy Way to Trade Currency Options" Special Report:
I do all the work. I lay out exactly what you need to do in each trading email I send. But I want you to have the full story on how FX options work too. So I'm prepared to include this report just for you. Read it over, and you'll know all you need to know to trade FX options like a champ

FREE "First-Read" Status For All Future Special Reports:
Who knows, the euro might turn into a hot play for an extended period of time, and I might feel the need to write a special report on how I play the euro over and over again for the biggest gains. Rather than weigh down one of my quick strike alerts to you, I'll wrap all you need to know into a new report ― and make sure you're among the first to read it. In short, you're totally protected ― for as long as you're a member of Master FX Options Trader

FREE Membership to the Agora Financial Executive Series:
You'll receive the Rude Awakening and 5 Min. Forecast daily e-letters. They'll give you the inside scoop on the latest news from Wall Street and Washington ― and help keep your FX options positions ahead of the game.

In no time, you could be raking in huge FX options profits that beat anything you could find in some book or some crazy course.

Just like I've already shown how my test traders racked up wins like...

33.24% in a week
23.4% in 48 hours
Even 100% in one day

...but those are just the start. There's no telling what huge gains could be on the horizon for Master FX Options Trader.

All you have to do is respond right now and begin reading my recommendations. It couldn't be easier to profit from FX options.

Now, here's my offer to you...

How to Start Trading FX Options Today. . .With My Money

If you've ever researched FX options, you've probably seen packages or courses that sell for $5,000-10,000.

Some of the expensive ones even try to get you to come to a hotel conference room and waste a Saturday afternoon. Then they hit you with "inside" info and ask for a huge deposit.

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And it doesn't cost anywhere near $10,000 to start making this simple money.

It doesn't even cost $5,000.

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Read my alerts. Read the free report. Make FX options plays based on my recos if you'd like.

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But I know you won't cancel. Not with the huge FX options profits you could be making in no time.

So there it is. FX options profits made easy. No matter what the stock markets are doing. All you do is read the emails and place simple phone calls.

The work is gone for you. Only the potential for profits remains!

Silver Sales are WAY UP!

Last week, we could barely sell 1000 ounces of silver per day.  On Monday, we sold 2000.  Tuesday, 4900 oz.!  I was very happy to be able to provide that silver, "on a dip", now that I have procedures in place to replace it, and make more!  So tonight, we will offer at least 7500 oz. for sale, which is about our top capacity, and would be 150,000 oz./month!

Our silver is up for auction at www.seekbullion.com

As the market churns through our silver, the most popular stuff will go first.  But that's ok, as we will use your preferences to teach us to always produce more of the best sellers.

Tuesday was a big day for silver:

1.  It was our first day honoring the Lord with our hard hitting overtly Christian rounds that ask "Do you Love God?".  It continues and says, "God says to use Honest Weights and Measures"  "This is 1 troy oz. .999 fine silver", and quotes Leviticus 19:35 on the back:  "Ye shall do no unrighteousness in judgment, in metyard, in weight or in measure".

http://www.seekbullion.com/auction_details.php?name=100-ounces--100-x-1-troy-oz-Silver-Rounds-LOVE-GOD-Last-Hour-Reserve--US-from-Jason-Hommel-1C-of-1C&auction_id=102585

I have a little story behind this round.  About 9 years ago now I attended a large Presbyterian Church in Menlo Park, California.  Every week, the message was "Jesus Loves You".   I began to feel bad about that, because I felt like that was half the gospel.  It's our response that matters.  I began crying, literal tears on my cheeks, in Church, as I was silently praying fervently for the Lord to send his angels to do something.  I felt like I could not communicate my concern to the Church, because "Who would listen to me?" as I was an outsider.  I felt like I was in the Laodician Church of the lukewarm.  It was disturbing to me, and I didn't know what to do but pray and leave it in God's hands.  But in a few weeks, my prayer was answered.  The pastor spoke as if he felt a message came from God pressing on his heart, and he preached the same message; that he felt as if his Church was too much like the lukewarm Church of Revelation 3, and he preached this very message, "How much do you love the Lord"?  It was a great sermon, and I suppose it's taken me this long to find my voice for the same message.  It's a powerful message. 


2.  Yesterday was the first day after our TV ad ran at Bloomberg on national TV, 4 times during the day.
http://www.youtube.com/watch?v=AiwNMJFrSnI

3.  Silver Manipulation and CFTC incompetence hits Prime Time:
http://cosmos.bcst.yahoo.com/up/player/popup/index.php?cl=12283291
http://www.thestreet.com/video/10466919/35-silver-in-2-years.html

Get the CFTC "appreciation" medallions to commemorate the news coverage of this historic incompetence.

http://www.seekbullion.com/auction_details.php?name=100-ounces--100-x-1-troy-oz-Silver-Rounds-CFTC-Last-Hour-Reserve--US-from-Jason-Hommel-1B-of-1B&auction_id=102584

4.  Also, Jim Cramer from Mad Money said "buy silver".  Admittedly, his timing is better than mine, as I was 9 years too early, but he's so late to the party that his actual advice can be catastrophic.

From:
Silver Shimmers in Otherwise Dark Market
http://www.cnbc.com/id/29490970

Quote:  Cramer likes the iShares Silver Trust  as the best silver investment.

Quote:  Coins often get marked up 15% to 30%, but people compelled to buy them should look to the Canadian Maple Leaf and U.S. American Eagle, sold at these countries' respective Mints.

I replied to the show: MadMoneyReplies@NBCUNI.COM, madmoney@cnbc.com, madcap@cnbc.com

Thank you for recommending SILVER.

Regarding the ETF.  I know all the top 5 silver experts in the U.S.:  Ted Butler, David Morgan, Sean Rakhimov, David Bond, Charlie Savoie, and about 5 more guys.  All of them note serious problems with the silver ETF, such as, they allow naked shorting of the ETF, which thwarts the theory of 100% silver backing.  J.P. Morgan is the key custodian of the silver for the ETF, and J.P. Morgan is the bank in the U.S. with the largest derivatives book about $80 trillion, which is hurting everyone, and J.P. Morgan has also been identified as the key bank that has a huge short position in COMEX silver futures, which is clearly a conflict of interest.

See more here:
Risks of Investing in GLD ETF
http://www.marketoracle.co.uk/Article9030.html

Regarding coins.  You are right that silver coinage costs up to 15-30% over the bullion price.  That's because silver is so cheap, so you are right to recommend silver.  In the depression in the 1930's, silver was 29 cents per oz., and the U.S. government turned 1 oz. of silver into 14 silver dimes, worth $1.40, which was a substantial markup, called seniorage, which was about 500%, which was much more than today, showing that today's markup is cheap by comparison.

I've actually minted over 300,000 oz. of silver in the last year.  The mints that charge 50 cents per oz. to mint it are backlogged, with bad excuses, and are likely charging too little, and floating on customer money, as they could not mint silver even after 8 weeks time.  Mints that charge $1.25/oz. over spot can mint on time.  Other costs are .20/oz. to acquire silver bars, .15 to ship to the customer, .20 for packaging and labor, .10 for auction site listing fees, .25 to cover price variations and/or be the profit, plus about .20 to design a coin and produce the dies, which brings the total price to about $2.55 over spot, which is cheaper than the U.S. Mint can mint silver.  I have to charge $2.75 in a rising or volatile market, to prevent losses in the event that silver moves up 25 cents per day.  Other risks are default by the person who sells the silver bars, default by the mints, loss in transit from the refiner to the mint, loss in transit from the mint to me, and loss in transit from me to the customer.  All of those default risks also add to the price by way of forcing me to earn "something" for the risk.

But the much bigger risk in the coin market is not the 15-30% premiums.  The big risk is ordering from customers and companies that are bankrupt, like the mint that cannot mint silver even after 8 weeks, or the coin dealer who says delivery is 4 months out from his supplier.

That's why you want silver, to protect against such defaults, or failure to deliver.

The ETF is not immune from such failures to deliver, and is technically not "silver". 

People may be wondering what machines it takes to make silver rounds these days:

Crucibles, extrusion machines or continuous casters, rolling mills, annealing ovens, punchers, rimmers, burnishers, stampers, wrappers, etc.  None of that includes the die making process, and machine shop machines needed to keep it all running.

See a 5 minute video on making silver rounds, here:

http://news.silverseek.com/SilverSeek/1236063000.php

Yesterday, many people alerted me to a virus in my email.  But my email was clean.

Here's what happened:

Ebay links are often "spoofed".  In other words, the scam is that you get an email pretending to be from ebay, and it's not ebay.  Or a link that appears to send you to ebay does not send you to ebay, but another site, where they create a "false" ebay site, to try to scam you.

My email provider tracks the clicks on the links, and thus, they "re-work" the links behind the scenes, using cookies. 

That was misinterpreted by many spam filters as a "Trojan" virus, aptly named, because what looks like something, is really something else.

But there is no virus.  My email provider is good, they are a public company, working with 100,000 or more email lists.

The trouble is with the virus detectors, they are "overzealous".  Nothing in my email can harm your computer.

As always, never click on attachments from "suspect" sources. 

Yesterday, I also mentioned that Chinese "fake" silver coins are silver.  Not always!  Some do not have silver, and it's generally obvious when they are not, because the size is different and the weight is off.

A more astute reader wrote:

     I recently purchased a "5 oz silver round" on EBay.  When it arrived it was not silver.  Not sure what it was, but its density seems to imply silver-plated zinc or nickel.  I got my money back, including all return postage costs and I reported the seller to EBAY, along with several other people whom I contacted.  We also reported him to USPSP for mail fraud.

However, there were a lot of people giving this guy (tikkara1) positive feedback on EBay with comments implying that they did not know what they were getting or think to weigh the bars and rounds. All the "silver" in question had Chinese character printed on it.

Counterfeit silver, or more accurately "bogus silver", is definitely being produced in China and is finding its way into the US market.  No experienced silver purchaser or vendor would be fooled (and that surely includes all your subscribers), but if silver takes off as we all expect then lots of neophytes will get in on it and some will be fooled.

It would not be a bad idea to publicize this so that other are aware of what happens and can alter their less experience acquaintances.

I just got the best bit of customer feedback, you can't make this stuff up:
http://www.seekbullion.com/user_reputation.php?user_id=100037

Date: Mar. 03, 2009 17:55:03 | Type: sale | From: poorpaul (1)  | Auction ID: 102158 | [ Details ]
I have bought a lot of silver lately. Everyone else has screwed me. One order of US Silver coins, I paid $13,800 for mercury dimes, and got Quarters instead, another dealer I ordered 250 OZ of Vienna philharmonics, ande received A-mark bullion coins after a 2 1/2 month wait, I ordered 250 oz of silver coins from another Bullion exchange, and got 50 coins and two 100 oz bricks instead. Jason Hommel delivered my 100 oz of Buffalo-Indian coins, shipped next day, at a great price, I am making it my business to write or visit all my friends to tell them about this beautiful small miracle.

I give this honor to the Lord, for teaching me what I needed to know about freedom and honesty first, over the course of many years, so that I could apply principles of honesty to my business.

Top Stocks Market Trouble In Tokyo

Tokyo reported terrible GDP numbers a few weeks back. The U.S. dollar was spurred by this report, moving 5 whole cents, from 93 and 1/2 to 98 and 3/4. But believe it or not, the news is still working magic in the market.

In short, it initiated a new change in currency relationships. Up until this point in the last several months, any time the U.S. dollar weakened against the pound or euro, it strengthened against the yen, and vice versa. Now the U.S. dollar is taking on all challengers. All three of the other majors weakened together, while the U.S. dollar went on to make new credit crisis highs.            Hot Stocks

However, on Friday of last week, it appeared that the old correlations may have been coming back. The end of the week brought U.S. dollar weakness against the yen, but strength against the euro and pound.

So let's look at the skinny on this dollar/yen relationship a bit more.

It wasn't just last week that brought about a revival in the yen's weakness. Since Jan. 21, the yen has lost 12% against the greenback. That's in only five weeks... a pretty substantial move. On the technical side we saw it put in the infamous double bottom formation. It has moved steadily in favor of the dollar ever since.

The question in my mind is this: While Japan's GDP number was deplorable, it wasn't entirely unexpected, was it? It came at the end of a long line of bad news. Consider that industrial output fell 8.5% in November, 9.8% in December and then 10% in January. Exports dropped a whopping 45% in the last year. Many pundits bemoan the U.S. plight of being a non-manufacturing economy, but Japan's numbers show that manufacturing economies are faring no better than service economies.

But in spite of all this bad news, how has Japan's currency continued its stellar rise, and why now does it appear to be reversing? Have the fundamentals become just too bad to ignore? Or is something else afoot?

Currencies do not rise and fall on the sheer strength or weakness inherent in them or in their economies. They rise and fall because of the factors of supply and demand. The yen was not appreciating because it was the strongest or the surest or the safest. It was driven to these levels simply because the money flows from the long-held carry trade absolutely overwhelmed the market's ability to distribute them quickly enough.         Best Stock Investing

In other words, for years, a popular trade was to borrow yen and use them to buy just about any other currency. Since the yen had an official interest rate of zero, traders could borrow them practically for free. Then they'd use the yen to buy a currency producing a higher rate of interest. The profit came from the appreciation of other currencies against the yen, as well as in the form of the interest rate differential. This is what is commonly called the yen carry, or the carry trade.

Its simplicity made it exceptionally valuable. How could you go wrong? If you can get something for free, and then sell it at any price, you will always make a profit.

But when the housing crisis began to unfold, followed by the credit crunch, traders began to worry that their high-paying interest rate differentials might be in serious trouble. What if the high-paying currency they were holding defaulted? What if the banks started cutting interest rates and they could no longer get that primo return? What if pigs started flying? What if? What if? What if?

And so, the panic began. and traders began "unwinding" (getting out of) their carry positions.

What did this do to the yen?

As you know, all currencies are traded in pairs. That is, you sell one currency then buy another. For the years of the successful carry trade, traders sold the yen to buy other money. In doing so, the yen became less and less valuable the more it was sold. Japan, as an exporting manufacturing economy, was perfectly content for it to be so, as it made their goods cheaper for the rest of the world to buy.

But when panic and fear gripped the market, and traders started to get out of their carry positions, it meant that they were selling everything else and buying back the yen. More buyers meant fewer yen. More demand on less yen meant higher prices. So the yen began appreciating like a rocket, especially against the dollar.

Was it fundamentally more sound? Was it an interest rate acceleration that propelled it? Not at all.

Just as there was no real reason for the U.S. dollar to be at 123.50 during the middle of 2007, there was also no economic rationale for the yen to be at 88.00 either.

As the world was flooded with euros, pounds, Aussies and kiwis, the yen was forced higher and higher. The money flows were essentially a one- way street, and the yen could only go in a single direction: up.           Top Stocks Market

But now that the vast majority of these trades are unwound, and the money flows are subsiding in this trade, the fundamentals are again reasserting themselves.

Japan's economic condition is considerably weaker than that of the United States, and it appears that there is little the country can do about it. Printing money has not worked in the past, and it is not likely to start working now. Perhaps world demand for their goods will increase. It is doubtful, but even so, there is nothing that they can do to alter that factor either. Finally, in a world where no one is buying, trying to change from a manufacturing/exporting economy to an economy that favors domestic consumption does not happen overnight.

The Downfall of the American Consumer

Angela Merkel to Eastern Europe: Drop Dead!

You remember that famous cover story of the New York Daily News? New York was nearly bankrupt in 1975. The city asked the feds for a bailout. To his everlasting credit, Gerald Ford had the backbone to just say 'no.'

Had he given the city a bailout, Ford might have won his race against Carter. He believes that that headline cost him the New York vote...and the election. Then again, had he given New York a bailout...the city might be more like Detroit.

The kindness of strangers is one of life's delights, but once you begin to count on getting something for nothing you are on the road to Hell. At least, that is our view here at The Daily Reckoning.

Welfare ruined the lives of millions of people. (More on that...below...)

Easy credit - coming largely from the Fed and the kindness of strangers in Asia - ruined the American consumer.

Bailouts, handouts, bribes and giveaways threaten to sink whole industries.

And now the whole world economy will be ruined by printing press currency - something-for-nothing money coming from the central banks.

But that will take time...maybe years. For the moment, we are enjoying the show...

Europe is plagued by debt too - just like the United States. Individual households are generally in better shape than those in America, but governments tend to have more debt than the United States. And in the fringe countries of Europe - Ireland, Spain, Greece, Italy, Poland, and the Ukraine - consumers borrowed far too much money to buy houses. Unemployment is soaring to 15% of the workforce in Spain. Irish banks are going under. And in Eastern Europe, the problems are worse. Typically, a man who wanted to buy a house found that he got a better interest rate if he took out a mortgage in euros than in his home currency. In Poland, for example, many homeowners must now make their mortgage payments in euros, while they earn their money in zlotys. As the financial crisis developed, the zloty fell against the stronger euro, by half. This leaves the Polish householder paying twice as much on his mortgage.

Not surprisingly, consumers are in trouble...so are the banks than lent them money...and so are the countries where they live. Nine of these nations - an Eastern European bloc - got together and asked the European governing council for help. They said they needed $380 billion to get through this crisis. Angela Merkel, speaking for the French and Germans, said no. She might have mentioned, too, that they had already spent $380 billion recapitalizing Europe's banks.

In America, the government is more accommodating. It is spending trillions to try to bailout the entire global economy. And by the look of things...it is failing.

O! Bama! Where is thy bounce? The whole world needs it.

The Dow did not bounce much yesterday. It was up only 31 points. A disappointing showing. Usually, you can count on a healthy bounce after a big drop, such as top stocks got on Monday. But this market has been short on bounces. After Obama got elected, we expected a big bounce. Instead, there was a feeble ricochet of about 15%...and then, top stocks headed down again. In the United States, they've lost 20% so far this year.

And the more the government tries to pump up the ball, the flatter it seems to get.

HSBC said it was cutting 6,100 jobs...closing offices all over America...and trying to earn back the $10 billion it lost in the US consumer finance business.

AIG is getting another $30+ billion - after burning through the last $133 billion. 'Can't let this insurance giant go under,' say the pundits, "or the whole insurance business will go down.'

AIG was "irresponsible," said Ben Bernanke in his little chat with Congress yesterday. He said they made speculative bets that they shouldn't have made.

But what did he expect? The Fed - under the leadership of Alan Greenspan - threw the biggest financial party in world history. What did they expect the pros to do...stay home and watch TV?

And now the IMF says the global banking system needs another $500 billion. The real figure is probably two to three times that amount. But who knows? We're still in a period of aggressive price discovery. Until we find out what's in their vaults...and what it is worth...we won't know how much it will cost to save them.

Ford and GM sales have been cut in half - sales fell to a 27-year low in February. Blockbuster is eyeing Chapter 11. And skilled immigrants are leaving the US.

*** Obama has, of course, announced his $3.6 trillion budget...and all that goes with it. Including a $1.7 trillion deficit. But his estimates were based on a recovery in the last part of this year. That seems increasingly unlikely. Our guess: the deficit will go over $2 trillion.

Congress has hunched over the numbers. The solemn chicanery of federal budgeting is underway, in other words, as politicians pretend to weigh the merits of the spending plan...

Of course, they are spending other peoples' money...and none forgets it. The idea is not to reduce spending, and certainly not to return it to its rightful owners, but to make sure it goes to the groups most important for re-election. Besides so much of this money is borrowed from future generations...and foreigners...and who-knows-whom...it is like money from Heaven.

As any system of government matures, more and more people are able to get a purchase on it. It could be a tax break...a licensing requirement that keeps out competitors...a tariff...a subsidy...a job...free food or a welfare check. And as more and more people get something from the government, more and more have a stake in making sure the government stays in business. This phenomenon contributes to the stability of the institution in the short run...in the long run, it guarantees its failure. For each little hustle is a cost...like a leech on the back of a water buffalo. The animal may be strong and fit; but put enough leeches on him and he'll wither like a dried up grape.

Of course, after a while, the beast begins to stagger and people notice something is wrong. Then, the reformers come out...promising change. But change is just what people don't want and just what the system won't permit. There are too many leeches - and the leeches vote.

Obama's new budget is the biggest bag of leeches to come along since the Roosevelt Administration. We have not seen it in detail. But from what we've gathered from the press reports, it has something in it for almost every bloodsucker.

The raw numbers are breathtaking. Whereas the feds have taken about 21% of the nation's income in recent years, now they're going to take 28%. The deficit alone will equal more than 12% of total GDP.

Put the feds together with state and local hacks, altogether they will consume 40% of the nation's total output. Whoa...that's put it close to the levels of such free-market bastions as Zimbabwe and Algeria, both with 43% of spending done by government...and Hugo Chavez's Venezuela, where the government spends 41% of GDP.

By contrast, in France, that socialistic, bureaucrat-saturated country with the croissants, 53% of GDP is spent by the government. But wait...in France healthcare is a government industry and so is the passenger train system. In America, 17% of GDP is spent on healthcare. As for the passenger trains...forget it...in America, we scarcely have any. So, if you add the 17% spent on private healthcare to the 40% you actually get a total higher than that of France. Ooh la la...the age of big government is back!

Who pays?

Ah...that's an interesting subject in itself. Obama says he's going to soak the rich. But the rich are already pretty well marinated. Reagan's tax cuts freed them to earn more money - and pay more taxes. Now, the top 5% pays 60% of the costs of government. The bottom 40% pay no taxes at all. They get all government 'services'...which is to say their boondoggles...for free.

Government Handouts and Easy Profits From Infrastructure Stocks

Energy infrastructure stocks, as an investment category, is hard to define.

It encompasses everything from high-tech software companies that are enabling the smart grid to construction companies-turned-wind-farm-builders―and everything in between.

As such, energy infrastructure stocks are the backbone of the renewable energy industry. They're the tie that binds, no matter how the energy is being produced. And they have a big role in efficiency as well.

These are the top stocks responsible for a clean energy future. And as investors, you have to face the fact that they're being singled out for success by Congress and the President.

It's not the market we're used to, and it hasn't been for quite some time. But that doesn't mean you can't harness the government's market meddling for some serious profits, especially if you know who the winners will be.

Energy Infrastructure Stocks: Congress' Love-Thing

On the front end of energy infrastructure are the heavy-lifters, the companies putting steel and wire in the ground and in the air, and the companies that make sure it all happens smoothly.

This sector is slated to receive special treatment from our current legislative powers, guaranteeing business for the companies that operate here and profits for your portfolio at the same time.

Here's what I mean. . .

The recently-passed stimulus contained $11 billion for advanced clean energy transmission technologies. But that was only the beginning of the Congressional love affair.

Since that bill passed, Senate Majority Leader Harry Reid has said he'll "introduce legislation this week to speed approvals of transmission lines that send renewable power across the U.S.," according to Bloomberg.

Under that plan, the federal government would designate renewable energy zones in strategic areas of the country to "maximize the use of that renewable potential by building new transmission capacity."

According to Bloomberg, "The measure would give the federal government, through the Federal Energy Regulatory Commission (FERC), eminent domain authority to site power lines if the states are unable to get plans approved."

This is a "Big Government" idea that gained traction under the Bush administration in 2005, when it granted the FERC authority to permit new lines in congested areas if state regulators failed to act.

You see, federal paving of cleantech's road to profit began long ago. It's time you take advantage and harness some of those favors for your portfolio.

Energy Infrastructure Stocks: The Affair Continues

The Congressional love affair with cleantech has gone to far to conceal. Their only option now is to go public with it and forge on, so the relationship can blossom.

And blossom it shall, with your portfolio riding shotgun.

On top of Reid's expanding clean energy transmission―and profits―by force, a number of other senators―and even the President―have called for additional incentives for the industry.

Obama has committed to building 3,000 miles of new transmission lines by 2012. He's promised to double our use of renewable energy in the same time.

And Senator Jeff Bingaman―who has clout as the chairman of the Energy and Natural Resources Committee―has promised to have broad energy legislation, complete with national renewable energy mandates, through that committee in "four to six weeks."

The time is now to jump on the energy infrastructure stocks that will benefit.

That's exactly what readers of my Alternative Energy Speculator are doing. Take a look at this snippet from a market update I sent them yesterday:

I also wanted to alert you to the falling share price of American Superconductor (NASDAQ: AMSC). I think anything under $18.00 for this top stock is a gross discount given its mounting exposure to wind and green infrastructure markets.

The stock market is currently trading around $12.11. Let's double down on this one. That will ensure nice gains as the market rebounds, and as the company takes advantage of stimulus-related benefits.

And look what happened in early trading of American Superconductor today:

chart of wind company american superconductor (nasdaq: amsc)

The best stock shot up more than 15%, from a previous close of $12.94 to $14.98.

Gains like this, on a wide variety of energy infrastructure stocks, will be commonplace as money from the stimulus starts being doled out and other favorable legislation makes its way through Congress.

In fact, we closed out a 13% gain on JA Solar just this morning. We only held the best stock for one day.

And many more cleantech profits will stem from the companies outlined in my recent report, Infrastructure Investing: Sky-High Underground Profits. Thousands of investors have already read and acted on that report's advice. You can learn how to join them today by clicking here.

But the 10 green infrastructure stocks included in that report are only the beginning of years of easy cleantech profits. Membership to Alternative Energy Speculator also includes numerous other reports that outline specific profit paths for individual sectors, like solar and wind energy.

Plus, you get instant alerts whenever the market deems them necessary. . . like the one yesterday that led to quick 13% on JA Solar.

Those instant alerts are also where I tell subscribers my thoughts on upcoming plays, like how I think Tetra Tech (NASDAQ: TTEK) is ripe for the picking after its recent four-day slide.

We're profiting from these government hand-outs one by one.

Quick 55% Run for Top Stocks

Hello, I'm Ian Wyatt. I'm the publisher of Big Idea Investor. In addition, I publish three highly successful monthly newsletters Growth Report, Rising Star Stocks and Top Stock Insights.

I know I'm throwing a lot of names at you. And don't worry, my head is swimming a little bit, too. I started writing investment advice 11 years ago. Even a year ago, I had just three employees. Now, I've got 17 people on my staff in full-time positions and many more contributing to the stock research and analysis we're known for.

Our growth has been staggering, and I have loyal readers like you to thank. So thank you very much for your support.

As you might guess, running a growing, successful business is more than a full time job. Sometimes it feels like I'm being pulled in 6 different directions at once. As it became clear that I wanted to expand the research and coverage of the stocks and investments that readers have come to rely on I knew I needed a top-notch analyst. For that position I hired a former investment banker and hedge fund analyst: Benson George.

Benson and his wunderkind protégé Jason Cimpl are the best in the business. They do an amazing job digging through tens of thousands of stocks to find the absolute best investment opportunities for my readers.

I still act as the Chief Investment Strategist for all of my publications. I still review the quality of stocks that we're putting out there. But quite honestly, I sometimes feel like I've been out of touch with my readers. And that's why I'm writing to you today.

In fact, it's why I will be writing to you every week in the future. You see, I'm getting back to my roots. And I couldn't be more excited about it.

Every week, you'll find me right here in Big Idea Investor. I'll be bringing you a taste of the investments that Benson and Jason dig up. I'll be sharing investment ideas, strategies and my take on what's going on here in the U.S. and around the world. I'll help you not only weather these rough days in the market, but actually find the profit opportunities that are out there, if you know where to look.

As you may know, the Fed gave the markets a gift yesterday by extending emergency loans to help some of these lenders who are holding non-performing assets. I don't have to tell you that stocks of all kinds have beaten around pretty badly since the start of the year. And the main culprit has been the re-packaging of bad loans made during the hey-day of the housing bubble.

At Big Idea Investor, we're not going to look a gift horse in the mouth. The Fed has given the stock market just what it needs. And with the market's credit-crunch fears easing, right now appears to be a perfect time to buy stocks.

So I'm going to kick off what should be the start of return to the bull market with a stock that first appeared in the January issue of Growth Report.

Growth Report's approach is pretty simple � every month we bring you two small cap stocks that are entering their "sweet spot." These companies are just starting to see revenues and earnings really ramp up. The company I'll share with you today just posted 135% yearly revenue growth and 145% earnings growth.

But the best part is, the stock is virtually unknown on Wall Street. However, a couple more quarters of this type of growth and Wall Street will get on board.

China's Agricultural Miracle

We hear about China's economic miracle all the time. The country's growth rate averaged above 9% per year from 1978 to date. China has now overtaken Japan and is the second-largest economy in the world.

In terms of manufacturing, China is already even with the United States (PRC at $2.717 trillion versus US at $2.70 trillion). Add to this the fact that China's urban population is projected to grow to 900 million by 2020 from today's 500 million people, and you begin to appreciate why China's growth is far from over.

Needless to say, we at Growth Report keep Chinese stocks in a prominent position on our radar. Today, I'd like to share one of our Chinese investment ideas with you.

Economic miracles aside, China is also performing an agricultural miracle. China is feeding a population that's 4.5 times that of the United States. And it's doing it with 25% less arable land.

Clearly, China has to get the highest yield possible from the crops it grows. This lead to a heavy reliance on fertilizers.

China is the world leader in agricultural output. It also uses more fertilizer than any other country. Now, we've all heard about tainted food and other problems with Chinese exports. But the simple fact remains, China has to grow as much food as possible. And fertilizers will continue to be a part of that formula.

Fertile Ground

Hanfeng Evergreens Company (TSX:HF), headquartered in Toronto, is China's leading manufacturer of fertilizers for agriculture. Hanfeng's products are designed to meet China's unique agricultural needs: increased yields, reduced labor costs, improved plant growth, and reduced pollution (runoff).

The company's focus is on slow-release fertilizers, which help increase yields and reduce labor inputs. Hanfeng's primary products include slow-release sulfur-coated urea (SCU) and premium nitrogen, phosphate and potassium (NPK) granules.

Hanfeng Evergreen currently produces 650,000 metric tons of various engineered fertilizers annually. Annual production is expected to increase to 800,000 metric tons by 2009 (in case you hadn't noticed, that's a 23% increase in one year). It is accomplishing this growth organically and through strategic partnerships with other fertilizer makers with established distribution systems.

Hanfeng is focused on maintaining a strategic edge in technology through acquisition. It has acquired an exclusive license for slow-release and premium NPK production technology and has established the country's first private R&D center for value-added fertilizers.

The company is also well-positioned geographically in China's two prime agricultural regions: the China East region (Jiangsu, Shandong, Anhui and Zhejiang provinces and Shanghai) and the Northeast China region (Heilongjiang, Jilin and Liaoning provinces and the Inner Mongolia Autonomous Region). These names may not mean a lot to you, but they represent some of the most fertile agricultural regions in China. They are to China what the Midwest and Central Valley of California are to the U.S.

Hanfeng is currently working with Dr. Yuan Longping, known as "the father of hybrid rice." In 2006, Hanfeng began field trials of SCU slow-release fertilizer in association with Dr. Longping, who is the director of the China National Hybrid Rice R&D Center. The effort will measure the effectiveness of SCU fertilizer in increasing rice crop yield and the quality of the center's "super rice" hybrid. Pending a favorable outcome, Hanfeng's SCU will be marketed as the preferred fertilizer to use with the "super rice."

Hanfeng Evergreen's performance has been striking, and the company is, we believe, entering a strong growth period. For fiscal 2007, revenues were $141.3 million, versus $59.8 million for all of 2006. Revenue estimates for 2008 and 2009 are $176.2 and $268.4 million, respectively. Per-share earnings were $0.34 in 2007, and expected to be $0.55 and $0.74 in 2008 and 2009, respectively.

Clearly, this company has some serious growth coming. And with $43 million in cash, Hanfeng should be able to add capacity as needed to continue that growth organically.

Growth Report gives Hanfeng Evergreens Company a "buy" rating based on strong product demand and revenue growth. Based on an upwardly revised FY2008 EPS estimate of $0.63, Hanfeng would be currently trading at a forward P/E of 21. Revenues will continue to grow and costs will be reduced due to economies of scale. We believe a forward P/E of 26 is more appropriate for Hanfeng. Our target price of $20 is based on a forward P/E of 26 times 2009 EPS of $0.87.

3 Stocks to Play in a Down Market

The snow fell hard yesterday, but not as hard as the Dow.

We finally broke below 7,000, and even more panic set in.

But let's be honest. Did we really think it was over? 

Looking back on yesterday, did anyone really expect AIG not to post record-breaking losses? And better yet, did we really think another government bailout (this time to the tune of $30 billion) wasn't inevitable?

And how many more are going to get bailed out throughout the course of this year?

It's too painful to even guess.

And have we hit bottom? Are we close?

Who the hell knows?

Data is so difficult to measure at this point. Especially when you throw government actions into the mix.

Now, I'm not necessarily taking a side on the government's response, but as my colleague Steve Christ pointed out the other day, government actions aren't providing any near-term stability. Essentially, Wall Street can't price the future actions of the current government. And the market does not like these types of unknowns.

But one thing we do know is there are now a number of top stocks that are simply not valued appropriately.

Yes, overall market conditions must be taken into consideration here. But when it comes to renewable energy, you simply cannot dismiss...

The $43 billion for renewable energy and energy efficiency in the stimulus package.

The $150 billion that's about to get pumped into renewable energy and infrastructure development

The inevitable cap and trade legislation that's going to add even more value to clean energy generation.

Right now, the market cannot possibly value this stuff, as most of it only exists on paper. This is why you didn't see solar and wind top stocks soar after the stimulus was passed.

Truth is, the market can only accurately assess the impact of the stimulus spending, as well as the additional subsidies and legislation coming down the pike, after it happens.

Renewable Energy Investments: Accumulating Cheap Shares

The $150 billion promised by the Obama administration will not come in one lump sum, but rather spread out over time. And we may not see cap and trade actually kick in until late 2010.

That $43 billion, however - well, we should start to see the impact of that around summertime. And likely, by Q3 and Q4, earnings will begin to tell the story so many renewable energy investors have been waiting to hear.

So now, while renewables stumble along like everything else, we're accumulating cheap shares of the solid players in anticipation of a steady climb later in the year. It's almost as if we're now able to go back to 2004, when no one was paying attention to renewables, and begin to load up.

The first time around, we pulled in double and triple-baggers left and right.

And now we're going to do it again with 3 specific hot stocks we believe will be able to weather the storm in the near-term and deliver those big gains over the long-term.

The first is Itron, Inc. (NASDAQ:ITRI). Itron is an infrastructure play that takes advantage of smart grid momentum.

Over the next five years, U.S. utilities will spend as much as $75 billion on automated metering infrastructure (AMI). While Itron maintains a diversified portfolio of products and services for both the water and energy industries, the company is a well-recognized leader in AMI.

Now it should be noted Itron has indicated weak Q1 revenue, though we believe, at current levels, this is already figured into the price. The stock market currently trades around $42 a share. Our 12-month price target is $81.50.

The second is SunPower Corporation (NASDAQ:SPWRA). Certainly, plenty of investors are skeptical of solar right now, as tight credit has severely impacted operations in this sector. Moreover, Q1 is not expected to deliver robust results.

However, as the solar sector begins to pick up steam later in the year (as a direct result of stimulus spending), SunPower is likely the best positioned to reap the benefits.

The company is the manufacturer of choice for most installers, its utility-scale projects are still on track, and the company has about 1 GW in the pipeline. It's also important to note that the company's systems still boast the highest efficiencies in the marketplace, giving the company a significant competitive advantage.

The stock market currently trades around $25 a share. Our 12-month price target is $43.

The third is Ormat Technologies (NYSE:ORA). Ormat Technologies is one of the biggest geothermal players in the market. Vertically-integrated, the company designs, owns and operates a number of geothermal power plants and recovered energy systems across the globe.

Ormat recently announced revenues increased 35.2% in Q4 and 16.5% for fiscal 2008. Net income also increased 31.3% for the quarter and 82% for the year.

The stock market currently trades around $23 a share. Our 12-month price target is $41.

There's also another geothermal stock we're extremely bullish on right now. It's not as big as Ormat, so the risk is certainly greater. But as far as geothermal hot stocks go, this one could certainly give you more bang for your buck.

Ian's Next Profit Stocks... Don't Miss This One.

What Skyrockets On No News... Must Come Down!

It was early last month when a tiny biotech company began its big move, doubling in value in just two short weeks.

And novice investors from coast to coast took the bait.

Truth to told, the top stock was running too early, its share price ascending on news that's not expected until the last week of March 2009.

Bulls didn't care... They continued to buy, despite our repeated warnings of a fall.

We knew once that top stock reached its upper Bollinger Band ― again, on no news ― it was only a matter of time before profit takers took the best stock to more sustainable, lower levels. So it wasn't a big surprise when UBS agreed, downgrading the best stock a day later, based on risks for negative outcome in late March.

My team and I watched intently as bullish investors jumped the gun, sending shares of this small cap stock up more than 100% in mere days. But as I said, once it touched the upper Bollinger Band, it was all over.

It was the right play at the right time... and our readers cashed in. 

You see, the best stock swan dived like we predicted, leaving our readers with gains of more than 28% in days.

chart022709

But we'd be foolish not to play the long side of this gem, too... as we head into March 30 Phase III news that could catapult this top stock to $10 in short order... seeing just how explosive its market really is.

You see, at any given time, it's estimated that 70 million Americans are trying to lose weight, and spending billions to do so. Imagine if this $480 million company were to tap that market? It'd never see the single-digits again.

Sure, there are three obesity drugs on market right now. But none of them are blockbuster drug-worthy and carry severe side effects. Xenical, for one, may block fat absorption, but carries severe gastro side effects. There's also Meridia, but it can't be prescribed to those with hypertension or a heart problem, conditions which effect obese individuals.

There was also the pulled Redux/Phen-Fen, which was removed from market because of associations with cardiovascular problems, "worked by non-selective stimulation of both central and peripheral 5-HT2B receptors."

But now we have this new drug which works by stimulating the hypothalamus which affects "fullness" (or satiety) and metabolic rate. Its goal: to produce a minimum 5% loss of body weight for patients taking the drug.

Naturally, any oral drug that can help people shed unwanted weight and have minimal side effects is going to be huge. The opportunity for the company could easily be worth more than $5 billion to $10 billion a year in sales... easily.

"Looks like Cooper was right," commented one reader in an investor forum my colleague, Steve Christ, sent me this morning.

Of course, we're not done with this one yet... but we're already on to the next one.

And we're going big with this one. In fact, if you act before March 31, you could be looking at a double-play jackpot.

Here's what I'm getting at...

We recently released a twin-trade play to our Small Cap Trading Pit readers... one that could produce an easy double... even triple the return.

It centers on legislation passed in late 2006 that was supposed to put the clamps on online gambling in the U.S. (by prohibiting businesses from accepting funds tied to unlawful Internet gambling).

Of course, they got the Unlawful Internet Gambling Enforcement Act (UIGEA) all wrong... and now there's some serious momentum behind overturning it, immediately.

Why? Because by reversing this three-year-old ban on internet gambling, the U.S. government could raise nearly $52 billion in revenue over the next 10 years, according to a PricewaterhouseCoopers study.

And the two companies that stand to profit the most are already locked into our Small Cap Trading Pit portfolio.

The rise in Internet gambling over the last few years almost assures this trade's success.

Ban It, and They Will Come

In fact, the study's latest $52 billion estimate on U.S. tax revenue from internet gambling is a full 22% higher than its estimate in 2007... based entirely on the rapid growth in U.S. online gambling―despite the ban!

...Which is why House Financial Services Committee Chairman Barney Frank is about to reintroduce this bill, effectively countering the UIGEA. (It's a revised version of Franks' 2007 Internet Gambling Regulation & Enforcement Act, which failed to make it to the House despite attracting support for the measure.)

According to the Financial Times, Frank wants to "reintroduce a bill in the next few weeks to establish a licensing and regulatory framework for online gambling operators." 

Here's more from the Financial Times:

"...The tide has shifted: this year is set to mark the moment when gambling online reaches a measure of acceptance and respectability its detractors on both sides of the Atlantic have long fought to prevent." 

And, according to Poker News, Franks expressed belief to the Financial Times that the "chances for the new legislation to become law to be much better than had been the case for the IGREA, both because of the change in administration as well as 'because public opinion [is] demanding the right to gamble online.'"

And that's why the time to buy these two top stocks is now.

Once Frank introduces the bill, speculation could at least double these hot stocks in short order. Just imagine what could happen if a counter UIGEA bill was successful.

We'll be publishing a full report on this new development next week. But if you're ready to jump on these two trades before the herd gets ahold of them.

 

$592 Trillion Phantom Economy Finally Ignites

I was shocked. And if you've read my irreverent commentaries on the madness of today's markets in the popular e-zine The Daily Reckoning, you'll know it takes a lot to do that.

I've known, and worked with (and even published) hundreds of financial analysts and economists over the past few decades. And I've been fortunate (mostly anyway) to be privy to a lot of diverse, unconventional and original financial ideas, radical predictions, and unusual investment styles in that time.

But recently one unique and private group of like-minded libertarian global investors has surprised me.

I've been reading financial reports from them for a number of years. And though I was impressed by their prestigious and extensive advisory team who were collected from all corners of the financial globe, and boasted everyone from Swiss bankers to asset protection masters, currency traders to commodity experts, I ignored their direst financial warning…

There was one special report that was originally sent out over four years ago that was truly remarkable. And there is certified evidence by the U.S. Post Office that this report was mailed to investors and influential decision makers in the U.S. and overseas.

You can bet it made its way to the corridors of financial and political powers in Washington and New York. Yet its message and urgent warnings were derided as "fear mongering" by people like the Fed Chief at the time.

Yet this report…published long before the word "derivatives" ever hit the front page… predicted with uncanny accuracy the global financial meltdown stemming from the untamable and unregulated growth of the now $592 trillion global derivatives market―a shadow market they called "the Phantom Economy."

This report warned of hidden financial time bombs, which were lying in America's banks, and which they believed could detonate at any time…setting off a devastating chain of events that would end up causing the greatest financial meltdown since the Great Depression.

The world now knows these financial time bombs as derivatives. And this rare group of global investors (call them financial shamans or money mystics if you like) were indeed right. For their apocalyptic prediction is of course what we are now bearing witness to on Wall Street and global markets today.

Just below is an updated copy of the original report. It's to warn you of the next great shocks that are about to rock the markets…and show you how to shield your wealth and turn disaster into opportunity in the continued fallout. 

You might have been one of those investors who received the original report, and maybe you'll recognize it. For they have been sending updated versions of this ominous market warning over the past four years. In fact, even well after this summer when many of Wall Street's so-called "best and brightest" money managers were telling investors that the worst was over, this group was warning that on the contrary - the worst was yet to come.

They couldn't have been more terrifyingly right.

As I watched in disbelief at the unprecedented chain of devastating financial events that unfolded weekly, sometimes even daily, in these past months, I remembered that contrarian global investment group. I remembered their warnings. While the world sat in shock and awe, unable to believe what was unfolding on Wall Street, watching their retirement portfolios go up in smoke, along with their credit and faith in the American economy, this group were not even surprised.

On the contrary, they were very well prepared for these financial shocks…and they've watched their investment recommendations fly in the face of falling markets everywhere. Their contrarian global approach, their trust in alternative assets, and in investments that lie far off the Wall Street radar, have rewarded them greatly.

And now investors have started to huddle at the gate of this private investment group. As one reader, John Shook, wrote:

"I used to subscribe to this service several years ago. I also used to get emails…that always warned of bank failures and the derivatives issue that would cause this. I cancelled my subscription back then because it seemed like too much boogie man stuff…well apparently it was all true. I am now watching my brokerage account dwindle away each day feeling very stupid and powerless… I should have listened back then and got my money the hell out a few years ago.  Im afraid most of my financial advice comes from my advisor who just wants me to leave it with him and ride this out forever….if u can send me a link to some sound advice Id appreciate it…" � John Shook, Arlington, VA

Your Invitation to Join One of the World's Most Contrarian (and Effective) Investment Groups

Below is the latest issue of their private investment letter, which is a special edition on the global financial crisis…including their latest predictions for where they see it going next. They urge you (as do I) NOT to listen to the Wall Street and Washington rhetoric…that no matter what kind of false sense of financial security they might be pedaling, the crisis is far from over.

But they also reveal a number of alternative investments that are poised to fly when almost everything else comes crashing to the ground…including one of the most depressed investments of the last generation, which they believe will return 2 to 10 times your money in the volatile years to come. Have a read of this contrarian group's advice, and if you find yourself nodding in agreement, then why not try a no-risk introductory membership to this organization? It might change the way you invest forever, as it's evidently done for thousands of others!

It is estimated that over 700 banks (with trillions of dollars in assets) will come crashing to the ground.  Hundreds of hedge funds will collapse, along with a number of major private equity firms. Corporate bankruptcies will soar. And another $20 Trillion will be wiped off Global stock markets. And no amount of Fat-Chance Packages or Bailout Band-aids from the Fed will help this time.

But this one bombed-out investment (that's been trading at depression level prices for 18 years now) could soar two to ten fold as the world comes undone.

The nightmare scenario has begun.

We've been warning people about it for over 4 years now. And while the powers at be would love you to think that they've got everything under control, you'll soon see that once the next wave of the global derivatives disaster hits, no amount of Fed fiddling will be able to contain the crisis this time.

While we originally warned that JP Morgan might be ground zero for the global derivatives disaster, Jamie Dimon (who's been called the world's greatest banker) was soon employed to unwind their giant derivatives portfolio and reduce their exposure and risk.

Although he managed to do this with some success, other players took up the slack and the derivatives bubble continued to grow unchecked and unregulated.

We later sent out warnings of a new demon derivative that had begun to proliferate like wildfire…which threatened to take down banks like Wachovia, Merrill Lynch, Morgan Stanley, Deustche Bank, and hundreds of other hedge funds and financial institutions.

Bill Gross, the legendary bond investor, called this particular type of derivative one of the banks' most "egregious concoctions" to date! It's the now infamous investment, which goes by the name of the Subprime CDO (Collateralized Debt Obligation). The investment derives its value from the subprime mortgage markets.

These investments were basically bets on whether or not the average American homeowner with a poor credit rating could make his monthly mortgage payment on his inflated home.

For bankers and mortgage brokers, loan applicants who previously would have been considered bad risks suddenly became great clients. That's because the higher risk these borrowers represented, meant ultimately the lender could charge higher rates and fees…and then quickly sell the loan off to unsuspecting institutions.

And in a world of low interest rates, low inflation and easy credit they were a gloriously effortless way for banks and hedge funds to reach for yield. The risk was low and the reward high…at least until everything started to go wrong…and these miracle bets began to rapidly unwind…

Pop Goes the Largest Leveraged Asset and Credit Bubble in History 

You see, as we mentioned before, these derivative bets are bought on an enormous amount of leverage.

For example, any wealthy individual can go to a broker these days and put down $1 million, and then leverage this amount 3 times. The resulting $4 million ($1 million equity, $3 million debt) can be invested in a fund of funds that will in turn leverage this $4 million another 3 or 4 times and invest them in a hedge fund; then the hedge fund will take these funds and leverage them another 3 or 4 times and buy derivatives like subprime CDOs, which are often themselves leveraged 9 or 10 times!

At the end of this long credit chain, the initial $1 million of equity can become a $100 million investment, out of which $99 million is debt (leverage) and only $1 million is equity. So we get an overall leverage ratio of 100 to 1.

It was this kind of new Super-Leverage which helped create the largest asset and credit bubbles in the history of humanity, including a global real estate bubble, a mortgage bubble, a bond bubble, a credit bubble, a commodity bubble, a private equity bubble, a hedge fund bubble and the mother of all economic bubbles: the global derivatives bubble.

It's how global stock markets grew from $25 trillion to $50 trillion in just 5 years, and how the global derivatives market leapt from $100 trillion to almost $600 trillion. In economic terms, these bubbles grew in the blink of an eye.

And now they've all begun to bust at the same time―plunging us into the deepest de-leveraging since the Great Depression.

You see, when you have this kind of monstrous amount of leverage built into the system, a mere 1% fall in the price of the final investment (the CDO) can wipe out the initial equity, and create a chain of margin calls.

And here's where the real problem lies: The one we've been warning investors about for over four years now…the one at the very core of the credit crisis. 

The amount all these traders have to put down in order to place their derivative bets is based upon their credit rating. The stronger their credit rating, the less they have to put down.

Now if their credit rating is downgraded, they have to put up more money to cover the bet. In order to do that, the bank, hedge fund, money market fund, private equity fund, etc. must sell its investments. Problem is, it's unable to sell many of its investments (like CDOs) - because nobody wants them, so it has to sell its good investments (like its top stocks). And naturally when things sell, prices drop, which causes further selling, and further downgrades and so on…

And that's what we are seeing in global markets right now. It's why stocks investments and markets that seem far removed from the subprime mortgage meltdown are being affected by it.

But the worst is yet to come.

The Catalog of Crises

It's not only that we have a financial crisis, we also have a banking crisis, a credit crisis, a food crisis, an energy crisis and a commodity crisis.

We've already seen $10 trillion wiped off global stock exchanges in just a month. And that was after trillions of dollars had been injected into the system from central banks the globe over…

And now the next demon derivative is about to whip down Wall Street and wipe a further $20 trillion off global exchanges, spinning the world into what might end up being a global deflationary collapse.

We'll tell you about this demon derivative in this Special Crisis and Opportunity Issue on the derivatives time bomb…and we'll show you how you can not only protect yourself from it, but multiply your wealth many times over by buying the small clutch of alternative investments, which are poised to leap 2-10 fold when the derivatives bubble finally blows. 

We'll tell you about the countries that leveraged the most, and those that leveraged the least, and we'll show little-known ways to make money off them all…more money than you may have ever made in your life.

We'll introduce you to radical new financial innovations that can give you access to exotic currencies, booming markets and opportunities that were once reserved only for the world's richest investors. We'll show you how to invest more like the world's best-performing university endowments, but for no more than it would cost you to purchase a best stock or mutual fund on American markets.

But before we do, let me first tell you why no amount of fed fiddling, bailout band-aids or fat-chance packages will save the markets this time.

Wall Street's Next Demon Derivative Delivers Final Blow

You've heard of the subprime CDO (the derivative at the core of the current crisis). Now another kind of demon derivative is about to take the spotlight. It's called the CDS (Credit Default Swap). And you'll soon understand why, no matter what central banks do, it will deal the final blow to the global financial system. 

At its very simplest a CDS is an insurance contract. And it's made between two parties, one of whom is giving insurance to the other in hopes that he will be paid in the event that a financial institution or corporation, fails. However, Wall Street big-wigs have been very careful not to call this investment an insurance contract because if it were insurance, it would be regulated. So instead they use a magic substitute word called a 'swap,' which by virtue of federal law is deregulated.

And this is where we run into trouble. Because what was originally intended as insurance has now often become once again a highly leveraged speculative bet. Now in a typical CDS deal, a hedge fund will sell protection to a bank, which will then resell the same protection to another bank, and such dealing will continue, sometimes in a circle. And this practice has the potential to put investors into webs of relationships which are not transparent.

Since the U.S. Treasury has not classified these derivatives as "insurance," they trade free of any government regulations. Because of that, the firm selling the CDS is not required to set aside any reserves from the premiums received to insure against possible future loss claims.

This obviously makes the sale of the Credit Default Swaps potentially very profitable. But if the bet goes sour, and the company defaults or goes bankrupt, then that small bet can get very expensive.

So what was essentially supposed to be a safe insurance contract is now a series of highly leveraged dangerous bets. And in the past seven years trading in this market has leapt a mind-boggling hundred-fold.

This new CDS market now stands at a size larger than the entire capitalization of all the world's stock markets combined.  

And since these bets are all based on the future credit worthiness of a country, company or consumer (basically a bet on the ability of a party to repay his debts), they're all about to go horribly wrong.

In a global economy made up of thousands of corporations and institutions, many of which borrowed 10-100 times their capital in the past few years, most will be un able to repay their future debts � meaning these new demon derivates are going to unwind at a rapid rate…with fall-out so large it will dwarf the current damage caused by the crisis so far. 

Why Bailout Band-Aids Won't Save the System

Central banks around the globe have already injected trillions of dollars into the system. And while these bailout band-aids have helped, the problem is too big now. A band-aid might be good to cover a blemish or an abrasion, but we now have a gaping hole in the financial system: One that is growing larger every day.

Plus the government's ability to deal with a crisis of this magnitude is unfortunately limited. Over 700 banks are already in critical condition…150 of them (with a trillion dollars in assets alone) have Texas Ratios of 1:1. (A Texas ratio is a measure of the banks' credit troubles. And historically when banks have reached 1:1, they fail.)   

While the Fed does have the ability to bail out banks, how many more will they have to bail out before investors start to lose faith in the whole American financial system. But even if they were to take the unlikely action of bailing out every bank, it still wouldn't be enough.

They'd need to bail out the hundreds of non-banking institutions too, including all the hedge funds, money market funds and private equity funds that are also on the brink. And they'd need to bail out the thousands of crashing corporations and the millions of already bankrupt mortgage holders. That's what is needed to save the system…to prevent a tsunami of foreclosures, an implosion of the corporate sector, not to mention the coming torrent of defaults on credit cards, auto loans and student loans.

And the tragic reality is it can't be done. These kind of non-banking bailouts lie beyond the abilities of the Fed.

In fact, in another urgent investment bulletin we sent out to investors in the summer of 2007 entitled "Gluttons at the Gate" we warned about the coming bursting of the Private Equity bubble. Ten of the biggest Private Equity outfits (Ex-president's clubs, as we called them), were busily buying up hundreds of companies on extravagant amounts of leverage. And they weren't just buying up small firms, they were buying up some of America's most iconic brands, including: Hertz, Dunkin' Donuts, Baskin-Robbins, Metro-Goldwyn-Mayer, Warner Music, Neiman Marcus, J Crew and Toys "R" Us.

They de-listed these companies from the public exchanges, stripped them down, cut their costs and their workforces, loaded them up with debt, charged them questionable fees and rushed them back to public markets at warp speed.

To quote industry insiders, they "bought them, stripped them and flipped them."

But the success of this buyout binge hinged on one very important factor: a booming economy.

You see Private Equity firms use the rising sales of the companies they acquire to pay back their enormous debt loads. But in a recession when sales tumble, they will be unable to make the crippling repayments. They will default. This is what we're starting to see happen. Since they bought up trillions of dollars worth of companies (a significant swath of the global economy) the impact will be enormous. Corporate bankruptcies will soar. Private Equity firms will be unable to launch them back onto public exchanges. They'll be stuck owning ailing assets. And many will get crushed under the burden of their huge debt loads.

Global Stock Market's Next $20 Trillion Culling

Corporate default rates were a mere 0.6% in 2006 and 2007. But in a typical U.S. recession these rates surge above 10%. In a severe recession they'll soar even higher. 

And once the tsunami of corporate bankruptcies start to flood the market, it is then that we will bear witness once again to the devastating power that these demon derivatives carry. For the intricate web of relationships, including all the banks, hedge funds, money market funds and investors that bought insurance on these faltering companies, will want to be paid. Problem is, many won't have the funds to pay up. They'll go bankrupt.

It's why AIG � the world's biggest insurance company― fell and had to be bailed out by the banks.

And it's why Lehman Brothers also went bankrupt. And even if the Fed had saved them it would've only slowed down the meltdown. It wouldn't have stopped it. Because this time, the bets have been too big, and they've burrowed too deep into the global financial system…

Nothing will be able to stop the coming catastrophic implosion of the Credit Default Swap market. Even if the Fed could inject funds into every hedge fund, money-market fund and corporation (which they can't), the sums would need to be so large that it would destroy the very fabric of the American financial system anyway. 

Once the CDS marker starts to implode, there will be a run on the banks…and a run on stocks. And expect the coming CDS―driven global stock market crash to dwarf the last crash, which saw $10 trillion wiped off global exchanges in a matter of weeks, as investors priced in a global recession. This time they'll be pricing in a severe recession and maybe a depression. Expect a further $20 trillion to get wiped off. And because of the lack of transparency in the CDS market, everyone will hoard cash, making the credit crunch even worse…leading to a complete systemic financial collapse. The curtain will have finally fallen on the Wall Street era.

In this time there will only be a few profitable money havens left: A small clutch of markets who were not built on phantom finance…whose stock, real-estate and bond markets were not pumped up on super-leverage and hot financial air…whose governments support massive surpluses NOT crippling deficits…and whose citizens rank among the world's greatest savers, not the world's greatest spenders. Some of these economies are also awash in natural resources, others are sitting on trillions of dollars in cash. Their banks are among the best capitalized in the world. They barely dipped their toes into the risky subprime CDO and CDS markets. They are thus far better equipped to weather the coming financial storm than most other bubble economies.

And thanks to The Sovereign Society, and their vast array of global contacts, you'll be able to access them more easily and cheaply than ever before, including:

"The One Investment that ALWAYS Flies When Almost Everything Else Falls!"

The world's biggest credit and asset bubbles ever created in the history of humanity are all starting to burst at the same time. So where do you go for safety and profits?

I'll tell you where: The one investment on Earth that didn't get pumped up on cheap credit and phantom finance…the one investment that didn't boom when almost everything else did…the one investment that went nowhere in the last 18 years, only enjoying brief booms when the rest of the world started falling apart � like in 1998 after the collapse of LTCM, 9/11, etc.

This investment thrives on chaos…flies when everything else falls…dances when everything else dies…

I'm talking about the Japanese yen. Ironically it was the yen (and the Bank of Japan) that was also the single biggest source of cheap money, which helped fuel the recent and unprecedented bull markets in top stocks, real estate and commodities. But it didn't do it to inflate global asset bubbles. It did it in hopes of jump-starting its own depressed economy. So it offered investors the globe over the cheapest source of financing on the planet…loans at near 0% interest. It was basically FREE money. And so irresistible was it, that investors came from everywhere to dip their toes into the deep waters of this enchanted money pool. Everyone from Private Equity firms to hedge funds…from money market funds to Japanese housewives dived in.

These firms and investors borrowed up every cent they could � some estimates say the sums reached as high as $2 trillion.

Problem was, instead of plowing this money back into Japan's depressed market, as the authorities had hoped, the bet back-fired. Instead these investors took the cheap money and plowed it into greener financial pastures, which largely was anything that could offer them a bigger yield than 1%. They piled into New Zealand and Australian dollar currency CDs, Chinese, Brazilian, Russian and Indian stocks, emerging market bonds, Eastern European banks, oil, gas, copper, corn, Google, global real estate, DOW stocks and a whole lot more.

And why not? If you can borrow money at near 0% interest, then deposit it elsewhere and reap 3, 10 even 20% annual returns, it's a license to print money. And for a long time it was.

The market has a name for this kind of fairy-tale bet.

It's called a carry trade.

Problem is this carry trade is coming to a tragic end.

Make 2-10 Times Your Money as the World's Biggest Bet Unwinds

You see in order for the Japanese yen carry trade to continue, it depends on one very important factor.

Japan and the yen have to stay depressed.

Japan in effect has to sacrifice itself in order to save everyone else. For if its market and currency start to take off, so too could its interest rates, which would be catastrophic for the thousands of betters who borrowed these cheap Japanese yen loans. Their loan payments would quickly soar.

All those who become unable to make their higher monthly payments would have to start to cash out of the investments they bought with the loan. Many would start to panic too, in fear that their interest rate would continue to climb and the yen would continue to strengthen, making their payments increasingly harder to make.

This would lead to a massive global sell-off of all these high-yielding bubble assets, and money would flood back to Japan, which would in turn enforce the trend even more. And the cycle would feed on itself.

The world's biggest bet would rapidly unwind, deflating asset bubbles the globe over, but it would also finally turn one of the world's worst-performing investments (the long-depressed Japanese yen) into one of the world's best.

And that's what we're seeing happening in global markets right now. But it's only just beginning. When the Credit Default Swaps market implodes, it will spin the world into deeper chaos, and more and more money will flood back to Japan, setting off a yen currency rally like the world has never known. 

The yen is the ultimate crisis-proof investment.

And we'll show you the best ways to play it, including revolutionary new financial instruments that can allow you to invest in the yen currency just as easy and as cheaply as you would a DOW stock. Plus we'll show you little-known ways to magnify the returns on this currency play 10, 20 - even 30 times. That means every 10% that the yen appreciates against other major currencies, you could make up to 300%.  

You'll learn all about it in a special investment alert we'll send you absolutely FREE when you sign up for a risk-free trial membership to The Sovereign Society. It's called The Great Unwind: How to Make 100-1000% on the Collapse of the Carry Trade.

And that's just one of the many extraordinary benefits you'll receive as a member of The Sovereign Society.

Easy Profits on the "Recession Currency" When the DOW Goes Down, the YEN Goes Up

(You see, whenever the DOW takes a hit, the yen rallies. Few investors know this: but the yen has been an almost fail-proof hedge against sputtering stock markets. This isn't some random coincidence. In truth, Japan is the "black market" of credit that funds the DOW - to a very large degree. And when that credit becomes more expensive, the world's biggest investors have no choice― they MUST sell off assets and repay their loans. This cycle feeds on itself: As yen loans are repaid, the value of the yen rises― pushing other debtors' interest rates higher. And as more and more debtors sell off investments to repay their ballooning loans― a massive deflationary effect spreads across the world.  Cash becomes scarcer... Nearly everything is worth less. Except the Japanese yen. It flies! 

The Harder the Crash the Bigger Your Yen Currency Gains Will Be

In the last 21 years, three major market crashes were coupled with huge rises in the yen's value.

The One Investment that May Even Trump Japan's Juggernaut

In times of crisis, people grasp for tangible investments, things like gold and silver, and other essential commodities that the global economy simply can't do without.

In the last commodities bull market, gold went up a staggering 23-fold. That was through the inflationary '70s � one of the worst periods for U.S. stocks in economic history. In times of uncertainty, investors rush to gold. And in the oil-credit-confidence and commodity-shocked-times ahead, gold will shoot to the stars.

This won't be like the gold bull market in the '70s. It will be much bigger. For we now have a lot of new players on the global stage. And as energy shocks, commodity crunches and derivatives disasters continue to rock global markets, these new players will get very hungry for the immortal metal. The 2.3 billion Chinese and Indians have already begun to show their voracious appetite for the metal. But this is only the beginning. When gold lust spreads from the contrarians to mainstream investors to the general public, then you'll truly see that there is no rush like a great global gold rush.

What's more, there hasn't been a big gold discovery for many years. And despite soaring global demand, the World Gold Council expects gold production to stay flat or even decline over the next few years. The infrastructure is already woefully inadequate to meet current demand. But once demand really heats up, a massive supply gap will open up, causing the price of gold to skyrocket.

The argument for gold today is so compelling, there really is few greater investments for the volatile times ahead. In a special investment alert we'll rush you when you sign up for a risk-free trial membership to the Sovereign Society you'll learn all about some of the best ways to invest in this precious metal. It's called: Dirt Diggers: 7 Great Ways to Profit from $2500 Gold and $75 Silver!

Plus, in the special private monthly bulletins and daily e-letters we'll send you when you join, you'll also learn about many more little-known ways to profit safely from gold, silver, silver bullion coins, precious metal mining stocks and mutual funds, platinum, rare coins, colored diamonds and other commodities…

4 More Depression-Proof Investments!

Sign up for a 2-year membership to The Sovereign Society and we'll also send you another investment alert called Four Steps to Depression-Proof Wealth.

In it you'll learn about:

The European telecom giant that is about to explode into the emerging energy empires of the East.

The world's most cash-rich, debt-free, lowest-cost mining company.

How to trade one of the world's greatest investors entire portfolio with one simple investment!

The World's Most Explosive Exotic Currency Play. The Chinese yuan is still not traded on foreign exchange markets. Retail investors, hungry for a piece of what they're confident is sure to be an historic currency play, have no clue how to get in on this amazing investment opportunity. Most think it's only for billionaires like Buffet and Soros. But anyone with even as little as a few hundred dollars can play the meteoric rise of the Chinese yuan. Just like the yen rose to a stunning degree against the dollar as it leapt from an economic backwater to the center of global commerce, so too will the yuan enjoy a similar rise, but the yuan's will be even bigger, faster and stronger. And we'll introduce you to a little-known way to get in on it way before the crowd � even before the yuan officially hits the Forex market. 

Join the World's Most Powerful Private Investment Research Alliance

As a member of The Sovereign Society you'll get access to information from our unrivalled team of over 30 financial and professional researchers, many of whom are masters in asset preservation. They will show you what to look out for…and help steer you through the volatile times ahead…

You're probably thinking that access to these experts' research is going to cost you a small fortune. But don't worry. It's not.

Through the Society's special monthly research advisory letter (The Sovereign Individual) and the daily e-letter (The Offshore A-Letter) you'll learn from this unrivalled team of financial and professional researchers. In The Sovereign Individual and The A-Letter you'll find out the latest updates from banking and financial insiders about what's unfolding in the global derivatives markets. Plus you'll learn how best to prepare for it, including specific investment recommendations in global gold stocks, offshore funds, emerging market investments, foreign currency plays and precious metal investments.

You'll also find out about private banking strategies, computer privacy techniques, offshore tax management, second passports, global business opportunities, offshore e-commerce strategies, asset protection techniques and many other things that can help protect you…your capital…your business…and your investments in the volatile times ahead. And offshore investment research is just one part of The Sovereign Society. The Society's global network of contacts scour the globe each month for the finest opportunities the world can offer you…opportunities that can make your life richer, safer and better.

YOURS FREE: 4 Crisis-Proof Investment Alerts!

In addition to The Sovereign Individual, The Offshore A-Letter and your offshore bank introductions, you'll also get four revolutionary investment reports.

The Derivatives Time Bomb: How to Turn the Coming Mega-Catastrophe into Explosive Profits. This special report details the series of events that are about to unfold…that will burst the greatest economic bubble in history. It clears up many of the greatest mysteries and myths that surround these controversial financial instruments. It will help you understand why derivatives are the most important and dangerous financial development of the past decade. But above everything this special hot-off-the-press exposĂ© will show you how you could turn the mega-catastrophe into explosive profits. Through offshore bank accounts, foreign annuity policies, special types of funds, commodity investments and foreign currency investments you'll be able to ride safely through what could be the most cataclysmic period in economic history. You could come out of it richer than before.  

The Great Unwind: How to Make 100%-1,000% on the Collapse of the Carry Trade. This report will introduce you to radical new ways to cash in the rise of the yen― one investment that always thrives in the midst of global chaos.

The Dirt Digger: 7 Great Ways to Profit from $75 Silver and $2500 Gold ! In this special report, Eric Roseman, one of the world's leading commodity experts, will tell you why gold and silver are headed to the stratosphere. Plus he'll let you in on 7 of the best ways to play these two precious crisis-proof metals! 

The Offshore Convenient Account. When the banks go belly-up…and the Dow is in free-fall…and millions of Americans are trapped in American markets…your assets can be safely invested in some of the world's strongest private European banks…enjoying unrestricted access to markets and investments that will soar when almost everything else comes crashing down. One of the major benefits you'll receive when you join the Society is the opportunity to open up a private offshore bank account in Austria, Denmark and/or Switzerland. Opening a bank account in a leading offshore haven usually requires introductions and references...but as a member of The Sovereign Society we will make the introduction for you. In fact, these accounts are already waiting for you at some of Europe's oldest and strongest financial institutions. And this report will tell you all about your exclusive offshore banking options. You'll learn about the powerful banks and the leading financial havens where your accounts are being held...plus you'll learn how to use your account legally and efficiently. Your offshore bank account is your gateway to a whole new world of investment opportunities.

The Best $49 Investment You'll Ever Make!

For just $49 � you'll get access to all of these extraordinary benefits, including:

Regular and reliable investment intelligence from an unrivalled team of more than 30 financial and professional experts. (A single consultation with just one of our experts would be upwards of $700 an hour � plus airfares and flying time! But you'll get access to all of their knowledge � as a benefit of membership).

The Sovereign Individual. Your monthly exclusive research advisory letter � packed with alternative investment opportunities and strategies that you won't find on the pages of Wall Street Journal or Barron's…plus asset protection techniques, privacy strategies, offshore retirement havens, e-commerce opportunities, tax strategies and much more!

The opportunity to open offshore bank accounts at one or more top European banks…where your money can be safer…and you can gain unrestricted access to investment opportunities everywhere.

The Sovereign Society Offshore A-Letter. The world's most popular offshore e-letter with more than 154,000 readers worldwide, it will keep you in touch with global events that can affect your wealth and safety.

Plus your 4 FREE online reports:

The Derivatives Time Bomb: How to Turn the Coming Mega-Catastrophe into Explosive Profits (a special report on the global derivatives disaster).

The Great Unwind: How to Make 100%-1,000% on the Collapse of the Carry Trade.

The Dirt Diggers: 7 Great Ways to Profit from $75 Silver and $2500 gold.

The Offshore Convenient Account (includes everything you need to know about getting the most out of offshore bank accounts).

I'm sure you'll agree this is an unbelievable bargain.

Powerful Financial Secrets � at No Cost!

For an even better deal, sign up for two years for just $98 and we'll send you two more free investment reports, including 4 Ways to Depression-Proof Wealth (which will introduce you to revolutionary new ways to invest in the Chinese yuan, gold, undervalued commodities and the world's best mining companies) AND Forbidden Knowledge � the ultimate report on how to survive and thrive through the volatile years ahead.

Forbidden Knowledge combines many of the greatest secrets The Sovereign Society and our prestigious international researchers have revealed over the years. In it you'll learn about secret banking techniques …the perfect sleep at night investment strategy…how you can legally live in paradise almost tax-free…and offshore retirement programs the government doesn't want you to know about. This report is the ultimate roadmap for your financial future…and it's yours FREE with a 2-year membership!

Respond Within 7 Days � and Save a Fortune in Tax!

To help you protect your wealth even further � I'm going to offer you an enormous tax secret of the super rich � absolutely free.

Respond within 7 days, and I will also send you a special free report � that will show you how to invest in many of the opportunities I've mentioned in this letter � without getting killed by taxes! And believe it or not � it's all perfectly legal! It's a special offshore retirement plan…that's only available from some of the world's strongest financial havens. It's actually one of the safest and most powerful offshore investment vehicles available today. It's been used by kings, sheiks and the world's wealthiest families for decades to protect and boost their wealth. But these days, they come with even more benefits � currency management options, access to the world's top money managers and the ability to compound your profits privately and safely! And there has never been a more critical time to employ this powerful investment vehicle…

I'll make sure you get this special report on this dynamic, wealth-preserving investment vehicle � so you can not only rack up enormous gains offshore � but also learn to further enhance them by legally sheltering them from excessive taxes. Just click below or for even faster service, call toll-free NOW on 1-888-856-1403. Your membership will be activated immediately and a whole new world of financial possibilities will be opened to you.

Don't Risk a Penny � Until You Are Convinced!

I'm hoping our track record alone - has more than convinced you to join us. But just in case you have any doubts, I want to give you a unique opportunity to take a risk-free look at us. In other words � you won't have to risk a penny until you are convinced that a Sovereign Society membership is right for you. If at any time you decide The Sovereign Society is not for you � just cancel your subscription � and we will give you a pro-rated refund on your fees (with full money back within the first 30 days). No questions asked. But you can still keep your free reports � whatever you decide. That's our guarantee to you.

Over 30 of the world's leading financial
and professional experts on your side…

You may be wondering how the Sovereign Society has managed to maintain such an impressive track record in the midst of all this market mayhem. As I said, we've merely paid homage to history…and taken advantage of major new economic mega-trends. However, our unrivalled financial team of more than 30 international experts has had something to do with it. This is your unique opportunity today to learn from them…and to start profiting from their wisdom. My colleagues and friends will help guide you through the volatile times ahead…and help you pick up gains of 1,794%…797% … 150% …when world markets crash around us!

Society's Chairman and Economic Forecaster, John A. Pugsley. I have written many books and reports on economics, investing and politics.My first book, Common Sense Economics (1974) accurately predicted the inflationary explosion that followed the final abandonment of the gold standard in the early 1970s. In 1980, my second book, The Alpha Strategy, accurately warned that the United States would experience "the largest deficits in the history of the nation in the next five years" and showed investors how to protect themselves. I am now honored to sit as the Chairman of The Sovereign Society � one of the world's most powerful private financial publ