Tag Archive | "forex"

Are Trillions Too Much?


Expect costs to rise and the US dollar to fall.

The US government has added trillions of dollars in debt and this is causing the US dollar to fall.

Our good value portfolio is gaining dramatically because all shares held are in non US dollar markets.

How much money can be dumped into a national (or the global) money supply before there is rampant, runaway inflation?

Answering this questions is perhaps the most important economic question we can face in the decade ahead.

The answer can help us prepare for either a deflationary or inflationary scenario.

NYT.com

A reader recently asked this question: Here’s a quick question I’ve been puzzling about… so we’re all very aware that the US, UK and many other governments have been borrowing literally TRILLIONS of dollars to support their economies during the pandemic – but where is that money all coming from? Who, even collectively has trillions sitting around waiting to be loaned? I cant imagine banks, investors, funds etc have that just waiting around to be loaned? So where does that come from ? Sorry if its a silly Q. I presume the answer is something along the lines that money just gets moved around and pulled out of lower return investments and loaned on better rates in bulk to governments. But then I wonder how they can do that so quickly. Presumably agreements in place mean they cant just pull trillions from one sources and reinvest it in another at the drop of a hat. But seemingly they can?  Thanks!

This is a good question and the answer is not one that’s much understood, partly because it seem so outrageous.

That money is created by the Federal Reserve Bank or the Bank of England or the EU central bank, mostly by the push of a button.

The US the government gets money in three ways; tax, borrow or print (ie push a button nowadays).

When it needs more than borrowers (such as Japanese, Chinese, Middle Eastern, US investors and governments) have available, they use a technique called “Fed Accommodation”.

In simple terms the Fed just increases its balance sheet by entering that fact into its computers. In other words it says… “we have more money”.

Then with this new money it created out of thin air, it buys the government bonds.

There is more sophistication to this as the Fed also creates money by lowering reserves that banks have to have or lending the banks money (again by simply entering into their computer that they have more money). The banks then lend this on to the public which increases the money supply.

This week’s Wall Street Journal article “Behind the Vast Market Rally: A Tumbling Dollar” (1) shows how this creating of many makes the US dollar fall.

Investors are ramping up wagers on the falling currency, believing the surge in coronavirus cases will hamper U.S. business activity and drive even more government spending.  The dollar has made a sharp U-turn this summer following a long rally, confounding many traders but potentially adding fuel to this year’s surprising stock-market rebound.

The ICE Dollar Index, which measures the dollar against a basket of other major currencies, in July notched its worst month in nearly a decade and recently hit a two-year low. The fall extended a reversal that began in late March, spurred lately by ballooning worries that mounting coronavirus cases will stall the U.S. economic rebound, even as growth accelerates in countries from China to Germany.

wsj.com

Big-name investors such as Ray Dalio and Jeffrey Gundlach have recently said publicly that the flood of U.S. government spending being injected into the financial system could eventually stoke inflation, eroding consumers’ purchasing power. Surging budget deficits tend to make investors less likely to hold a country’s currency. Fitch Ratings on Friday revised its credit rating outlook for the U.S. to negative from stable, though it maintained its top, triple-A rating.

At the same time, the currency’s slide is adding further support to the booming market rally, lifting stocks and commodities. A weaker dollar boosts multinational companies, which see their products get more competitive abroad and can more easily convert overseas profits into dollars. It also makes products and investments that are priced in the currency cheaper for overseas investors, supporting demand for a host of financial assets. U.S. stocks have climbed near five-month highs recently, while raw materials are paring much of their 2020 decline.

“These things are denominated in dollars, and the dollar is getting crushed,” said Christopher Stanton, chief investment officer of Sunrise Capital Partners. He expects the trend to continue and is directly wagering against the currency, betting on gains in the euro against the dollar and buying gold, which some investors are using as an alternative store of value. Gold recently climbed to all-time highs for the first time since 2011.

The US is a poor value market, so all of the investments in our Good Value portfolio are in NON US dollar markets.  This is adding extra profit, that’s safer because of the value and  because this portfolio pays a much higher average dividend than the US market.

Gary

Protect Your Wealth From a US Dollar Loss

Here are three steps to multi currency profits.   Seek value.  Cut losses.  Take profits.

Quotes from three great value investors support this thought.

Be fearful when others are greedy, and greedy when others are fearful.” Warren Buffett

“In the short run, the market is a voting machine, but in the long run it is a weighing machine.” Ben Graham

We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” Charlie Munger

We do not have to be brilliant to preserve and increase our wealth.  When it comes to investing, discipline can make you smarter than the smartest man in the world.

sir issac newton

Sir Isaac Newton is widely regarded as one of the most influential scientists of all time.  His role was key in the scientific revolution.

His book “Mathematical Principles of Natural Philosophy” laid the foundations for mechanics.

He supplied a foundation to optics.

He helped develop modern calculus.

Newton formulated the laws of motion and gravitation and confirmed the heliocentric model of the cosmos.

Newton built the first practical reflecting telescope.

His theories about color and cooling and the speed of sound were spring boards in physics.

In math, Newton contributed to the study of power series, the binomial theorem to non-integer exponents, and a method for approximating the roots of a function.

He is said to have been the greatest genius who ever lived!

But Sir Issac Newton also lost his shirt in the stock market.  His comment was “I can calculate the motions of the heavenly bodies but not the madness of the people.

Sir Issac forgot the intelligence of value. He ignored the fact that buying and selling discipline is more important than being smart.

How can we gain this discipline?  Discipline comes from simple math which is why the data we use in my Purposeful Investing Course (Pi) is created by  mathematicians not economists.

I am happy to introduce an investing math program that instills investment discipline so you can use math, not emotion to protect and increase your wealth.

There are time tested mathematical systems that can help you know when to take profits that maximizes gains and minimizes loss.

These systems help you seek value but also create disciplined exit strategies because one of the toughest decisions most of us have is to know when to sell a rising or falling share.

Human nature makes it harder to let winners run, than to cut loses.

To easily spot good value and stick to it, we use Keppler Asset Management  as our first source of data.

Keppler’s analysis begins with a continual researches of corporate information on thousands of shares in 46 major stock markets. Keppler compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.

Fwd: keppler

Michael Kepler CEO Keppler Asset Management.

Keppler explains why a Top Value Country Selection Strategy for equities is important and says in his analysis: Among the generally accepted reasons for taking a global perspective in investments is the historical fact that no nation can maintain economic and political pre-eminence ad infinitum.

Studies have shown that, regardless of the investor’s national market and currency, diversified global equity portfolios, over longer periods, offer higher returns at lower risk than investments in national markets.

Keppler Asset Management Inc. (KAM) was  founded by Michael Keppler in 1992.  KAM is an SEC–registered investment advisory firm dedicated to finding and exploiting investment opportunities in the global equity markets. Based in New York, they advise institutional investors worldwide and help manage published mutual funds with total assets exceeding two billion US dollars. Plus they advise many private pension funds by specializing in active quantitative portfolio strategies that aim to deliver superior long-term performance and seek to limit risk through a firm commitment to value.

Starting in 2009, KAM was named Best Fund Company in the Fund category, five years in a row, by Capital, a leading German business magazine.

That’s my simplicity secret for keeping track of where to invest.  Using Keppler’s data has served me well for 25 years.  This is an effective easy system that does not requires a lot of time and avoids being drowned in a sea of conflicting opinions about what investment to make next.

More good news is that Keppler does not manage individual accounts and though SEC registered and headquartered in New York, does not mange funds for US customers.  That means that not many US investors are tapped into the information we use.

That’s why I created our Purposeful Investing Course, one of the few, if not the only sources of Keppler analysis for individual investors.

Here is how to tap into this valuable information on a no risk basis right now.

The Purposeful Investing Course combines Keppler analysis with research on low cost, good value country ETFs.

This is why my core stock portfolio consists of 16 country ETFs, along with precious metals.   This is also why this position has hardly changed in the past five years. During this time we have been steadily accumulating the same 16 shares and have traded only six times.

This portfolio above is based on stock price-to-value analysis built around 91 years of stock market data.

The value analysis is used to create a portfolio of 16 country ETFs. Each ETF  covers  one of the stock markets that are undervalued.

This is an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

A BUY rating for an index does NOT imply that any one stock in that country is an attractive investment.  This eliminates the need for hours of research aimed at picking specific shares.  It is not appropriate or enough to instruct a stockbroker to simply select stocks in the BUY rated countries.  Investing in the index is like investing in all the shares in the index.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally hold now.

70% of the equities is diversified into iShares ETFs that represent Keppler’s nine good value (BUY rated) developed markets: Austria, Germany, Hong Kong, Italy, Japan, Norway, Singapore, Spain and the United Kingdom.

30% of the equities are invested in Keppler’s good value (BUY rated) emerging markets: Brazil, Chile, China, Colombia, Malaysia, Mexico and Taiwan.

iShares Country ETFs make it easy to invest in each of the MSCI indicies of the good value BUY markets.

For example, the iShares MSCI Australia (symbol EWA) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Australia Index which is composed mainly of large cap and small cap stocks traded primarily on the Australian Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Australia.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

The big bonus.  You get paid more now!

Current markets have turned economic history upside down.  Normally bonds pay the highest interest rates and add safety to a portfolio.  Not right now.

This chart from the New York Times article “The Mystery of High Stock Prices” (1) shows that equities pay a higher yield than bonds.

wsj.com

Most Important, Get Paid the Most Now!

Just because US stocks pay more than dollar denominated bonds, does not mean they offer the best income deal.  In fact the chart below shows that US shares pay one of the lousiest yields of the 46 stock markets we monitor around the world.

The US MSCI Index pays a modest 1.91%.  That’s a terrible yield, but better than the 1.6% you can get in AA rated corporate bonds.

Nine solid, top value stock markets (shown below) not only add diversification and the best long term profit potential, they pay 71% higher yield, 3.27% compared to the US yield of 1.91%.

This is why my core stock portfolio consists of a handful of top value share ETFs and this position has hardly changed in five years. 

This strategy adds safety, increases long term appreciation potential and pays almost double short term dividend income right now.

In a moment, I’ll show how to push that yield to 4.07% per annum without adding additional risk.

keppler62020

During the past five years, I have been steadily accumulating the same good value ETFs.  I have traded only three times, so my trading costs, my fuss, fiddle and time spent have been kept to an absolute minimum.

I have been investing in iShare country ETFs.  Each one invests in the MSCI Index of one of the top (or neutral in the case of Canada and Australia) value markets above.

My strategy protects against stock market volatility and yet has potential for the best gains long term from rising share prices by holding an equally weighted portfolio of the best value based country ETFs.

Value ETFs are Safer

The people who dominate stock markets include a pack of thieves.  This fact has always been true.  We were recently reminded of this fact when Wirecard AG, one of Europe’s most prestigious companies, listed on Germany’s premier stock-market index, the Dax 30 fooled everyone including its top grade, longtime auditor, Ernst & Young GMBH.

The shares in German fintech company Wirecard AG (symbol WDI fell 63.74% as it filed for insolvency proceedings, after revealing that more than $2 billion in cash missing from its balance sheet was all a fraud.  The company’s market value fell to less than €500 million from almost €13 billion in a week.

Investors have seen this type of rip off again and again, really big scams from Enron to Bernie Madoff and these are just the tip of the iceberg.

Shares in stock markets are manipulated all the time.  Stock markets (in fact almost all types of markets) are led by sharks plain and simple.  Count on this fact.  This is the nature of the beast and the number one goal of many big businesses is to take as much of your money as they can to line their pockets.

In the Wirecard AG example many  thousands of investors have seen their hard work, their thrift, their security and hopes for the future disappear, even though they seemingly did everything right by investing in a blue chip, new era, high tech company.

A study of 92 years of investment returns shows that, despite the fraud and cheating and deceit, stock markets are still a good way to make your money grow… if you invest long term and diversify.

keppler

Our Pi strategy makes it harder for cheaters to grab your wealth because it’s very hard to manipulate an entire stock market, much less a dozen or so stock markets around the world.

Manipulators have a hard time tricking an entire market, especially larger markets.  If you get the best value country ETFs, your chances of long term profits improve.

I am updating my plan to increase my average yield to as much as 4.07%.

My developed market portfolio has been diversified into eight developed markets: Germany, Hong Kong, Italy, Japan, Norway, Singapore, Spain and the United Kingdom.

iShares Country ETFs make it easy to invest in each of the good value markets.

The average yield of these nine markets combined was 3.27% as of June 2020.  By replacing the three lowest yielding markets, Austria (.64%), Germany (1.83%)  and Japan (2.51%)  with two better yielding neutral markets Australia (4.57%) and Canada (3.54%) the average annual yield on the entire portfolio rises to 4.07%.

4.07% is 154% higher than the 1.6% you can currently earn on AA rated corporate bonds!

The ETFs provide higher income and incredible diversification for safety, plus the highest long term profit potential.

Here’s how you can create your own good value strategy.

I would like to send you, on a no risk basis, a 130 page basic training course that teaches the good value strategy I use.  You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last two years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

You also receive a 100+ page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more of all 46 markets.

This year I will celebrate my 52nd anniversary of global investing and writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in the Pi course.

Subscribe to the first year of The Personal investing Course (Pi).  The annual fee is $299, but to introduce you to this online, course that is based on real time investing, I am knocking $124.50 off the subscription.

Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report and access to all the updates of the past two years, plus all new updates over the next year.

I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know in the first two months for a full no fuss full refund.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential. 

Due to the COVID-19 pandemic we have cut the subscription to $174.50.  You save $124.50!

Then because this global recovery from the pandemic is going to take years, we’ll maintain your subscription at just $99 a year rather than $299.  Your subscription will be autorenewed in 2021 at $99, though you can cancel at any time.

Click here to subscribe to Pi at the discounted rate of $174.50

Subscribe to Pi today and you get a year’s subscription to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, plus begin receiving regular Pifolio updates throughout the year.

Gary

(1) www.nytimes.com: mystery of high stock market prices

www.wsj.com: Behind the vast market rally a tumbling dollar

New Multi Currency Sandwich Tactics


In response to last moth’s message about speculating in a Norwegian kroner multi currency sandwich, a Pi subscriber asked this question.

The question was: I also wanted to know what Gary’s thoughts were on shorting the US dollar against the Norwegian kroner  instead of buying the IShares Norwegain ETF (symbol ENOR)? And does he still like the idea of the multi-currency sandwich now that rates are all low around the globe? I know I’m not getting paid much in terms of the carry but there might be some good price appreciation or deprecation for gains. I know this is probably more of a trading question even though I was thinking longer term short US dollar and long other currencies like Chinese yuan, Norwegain and, Swedish kroner.

I’m glad the reader asked because the answer to this question make a perfect Pi lesson that gets to the roots of the Pi strategy.

norway

Five year chart iShares MSCI Norway ETF (ENOR) ETF.  Light blue line is S&P 500.

First the basic answer for short term currency trading is… beware.  Short term currency trading for most of us is not a good idea.

The root benefit of Pi is to avoid the high costs of active trading… and to avoid getting in any arena where big companies with huge reserves, high tech and top trading skills can manipulate markets (such as the currency market).

Most important, Pi aims to reduce stress and protect ourselves from our natural risk aversion bias.

Short term currency trading has all three of the obstacles (trading costs – risk of ruthless big business manipulation and risk of quick, large loss).

Most of us should avoid this.

Long term currency trading (multi currency sandwich) uses currency values and looks for a strong currency with weak fundamentals and low interest rate (US dollar) to be borrowed and invested into a weak currency with strong fundamentals (Norwegian krone) WHEN the weak currency has a higher interest rate than the strong.

The differences in the interest creates “Positive Carry”,  a position where the investor makes a positive yield for taking the forex risk. If the dollar could be borrowed at 3% and invested in krone at 5% or 6% there would be a sandwich opportunity… for those who have time to let the currency fundamentals work themselves out.  They would earn 2% or 3% per annum while they wait for the currency distortion to adjust.

At this time,  the krone has a lower interest rate than the US dollar so the sandwich requirements are not met.

That’s why the message was about borrowing dollars to invest in good value Norwegian shares, not cash or bonds.  The investor gets a high value equity investment denominated in a fundamentally strong currency that is currently weak instead of getting higher interest rates.

Investors who invest in iShares MSCI Norway ETF (ENOR), an ETF that invests in the Norwegian stock market, gets a high value investment and a forex opportunity.

There is even greater opportunity if investors borrow US dollars and invest in ENOR, but this increases short term risk.  The added leverage should  only be used by investors who have  time (maybe years) for the value equity distortions and forex tensions to resolve.

Regards,

Gary

Coronavirus and the Stock Market Round One is Done

Coronavirus and the stock market.  Round Two is coming.

This virus and the market faced off in the spring.  The market won.  As the chart below shows, after a huge March 2020 collapse, by early June, the DJIA was back to its December 2019 level.

stock chart

The market’s back up, but history suggests that we’ll see volatility in the ten years ahead.

Here is a chart of the Dow Jones Index for the past three decades.  The .dotcom bubble burst just before the beginning of the 2000 decade.

microtrends.com

The market then went nowhere from 2000 to 2014.   Finally it started reaching new high levels.

Such decades long sideways movement after a severe correction is nothing new in the stock market.

So everything’s in order… except the pandemic.  The ravages of the coronavirus dramatically increase the unknown and this uncertainty is the greatest purveyor  of weakness that a stock market can have.

How do we maximize the return on your savings and investments during this extremely dangerous time?

For the past four and a half years, my strategy, to protect against the next stock market crash and yet gain income and appreciation from rising share prices is to invest in an equally weighted portfolio of the value based country ETFs.

We track 46 stock markets around the world in our Purposeful Investing Course to determine which markets offer the best value so we can be in a perfect position to take advantage of stock market corrections all over the world.

Since no one knows what the future will bring, investing in value makes the most long term sense.

Our Purposeful Investing Course (Pi) teaches an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

Sticking to math based stock market value and country ETFs eliminates the need for hours of research aimed at picking specific shares.   Investing in an index is like investing in all the major shares of the market.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

To achieve this goal of diversification the Pi portfolio consists of Country Index ETFs.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally held at the beginning of 2019.  Now I am updating my plan to decide when it’s best to invest more.

70% is diversified into developed markets: Austria, Canada, France, Germany, Hong Kong, Italy, Japan, Norway, Singapore, Spain and the United Kingdom.

30% of the Pifolio is invested in emerging markets: Brazil, Chile, China, Colombia, the Czech Republic, South Korea, Malaysia and Taiwan.

iShares Country ETFs make it easy to invest in each of the good value markets.

The ETFs provide incredible diversification for safety.  For example, the iShares MSCI  Japan (symbol EWJ) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Japan Index which is composed mainly of large cap and small cap stocks traded primarily on the Tokyo Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Japan so an investment in the ETF is an investment in hundreds of different Japanese shares.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

There is an iShares country ETF for almost every market.

You can create your own good value strategy.

I would like to send you, on a no risk basis, a 130 page basic training course that teaches the good value strategy I use.   I call this strategy Purposeful Investing (Pi).  You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

When you subscribe to Pi, you immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last two years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

You also receive a 100+ page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

This year I will celebrate my 52nd anniversary of global investing and writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

Those five decades of experience have taught me several incredibly valuable lessons.

The first lesson is that there is always something we do not know.

The second lesson is that stock market booms and busts always eventually return to value.

Third, the only sure way to succeed is to use time not timing.

Time is your friend when you use a good value strategy.  The longer you can hold onto a well balanced good value portfolio, the better the odds of outstanding success.

A 45 year portfolio study shows that holding a diversified good value portfolio (based on a  good value strategy) for 13 month’s time, increases the probability of out performance to 70%.  However those who can hold the portfolio for five years gain a 88% probability of beating the bellwether in the market and after ten years the probability increases to 97.5%.

Subscribe to the first year of The Personal investing Course (Pi).  The annual fee is $299, but during the pandemic to introduce you to this online course  I am knocking $124.50 off the subscription.

Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report and access to all the updates of the past two years.

I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy, diversified investing.

If you are not totally happy, simply let me know in the first two months for a full no fuss full refund.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential. 

Due to the COVID-19 pandemic we have cut the subscription to $174.50.  You save $124.50!

Then because this global recovery is going to take years, we’ll maintain your subscription at just $99 a year rather than $299.  Your subscription will be autorenewed in 2021 at $99, though you can cancel at any time.

Click here to subscribe to Pi at the discounted rate of $174.50

Subscribe to Pi today and you get a year’s subscription to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, plus begin receiving regular Pifolio updates throughout the year.

Gary

 

Silver Dip Reveiw


A recent lesson at our Purposeful Investing Course (Pi) reminded subscribers of several commodity relationships that we should watch as value investors.

Commodities have extra value now because most stocks and bonds are priced at or near all-time highs, but commodities are priced far below their highs which peaked more than a decade ago.  In 2019, the main commodity index was 61% below its all-time high hit in 2008.

silver-price-article

On top of this, the U.S. Dollar rose against other currencies for its ninth year in a row.  The greenback is overvalued and this offers special opportunity using dollars to leverage some commodities.

The question “is gold and silver a good value now?”

Here are excerpts from our “Silver Dip 2019” report:

The value indicator the “Silver Dip” used in the 1980s and 2015 and now is simple. The strategy is based on the gold-silver ratio as a main indicator that the price of silver is a good value.

The threshold we watch for is a spread of 80. When the price of gold is 80 times (or more) higher than the price of silver history this suggests that silver is undervalued to gold and will rise faster than gold.

Rarely has the ratio been as high as 80, only five times in 36 years as the chart below shows.

In 2017 Platinum was the best option for speculation and the platinum ETF PPLT was recommended for the first time due to its ideal speculative position in 2017. That idea gold platinum ratio position remained throughout 2018 (we’ll review it later in this report), but the price trend of platinum also remained negative (and PPLT was stopped out) for the entire year.

Gold at or below $1,350 is also likely a good deal and the foundation of the Value Dip strategy is that ideal conditions are best when gold is in this price range.

As a general rule, platinum is undervalued when it sells for less than gold. As the chart below shows, platinum costs more than gold much more often than not. The fundamental reasons for platinum’s high price, including platinum’s supply scarcity, support this.

Gold was at $1551.90 an ounce Thursday morning January 17, 2020.

Silver’s price at 17.90 an ounce is at a gold silver ratio of 86 and platinum at $1004.00 an ounce is priced way below the price of gold.

This suggest that both silver and platinum will rise faster than the price of gold, but gold price may be a bit high at this time.

We’ll reexamine gold’s valuation in the “Silver Dip” 2020 update.

Gary

If you are a Pi Subscriber access the “Silver Dip” free at your lesson introduction.

Buy Silver Dip 2019 now. Get Silver Dip 2020 Update Free

Why Leverage Silver ETFs

Turn $250 into $51,888… in Four Years or Less?

I first spotted an opportunity in 1986.   Two short term distortions (in the price of silver and the strength of the British pound) created potential for huge profits.  I wrote in a report (called the “Silver Dip”) that told how to borrow British pounds to speculate in silver and earn over $50,000 profit.  That’s the headline I used then in 1986, “Turn $250 into $51,888… in Four Years or Less”.

The report showed how to take borrow overpriced British pounds and invest the loan in under priced silver.   $250 was required to set up the loan.  No other cash was needed to borrow the pounds.

Readers who followed the report made $46,299 on the no cash investment in only one year

Then in 2015 I spotted the same distortion again.  The British pound was overvalued.  Silver was undervalued. 

I quickly issued a report… the “Silver Dip 2015” that looked at how similar conditions to 1986 had fallen into place.  The price of silver had reached a six year low.  The British pound strength was rising.  The dollar per pound rate was $1.55 per pound, exactly the same as in 1986 and the silver/gold ratio rose over 80 just as in 1986.

That report revealed the iShares Silver Trust, a silver ETF  and during the year after issuing this report, the share price rose from $13.57 per share to $19.60 in 2015.

The rise in the silver price created a nice profit.   The currency and leverage tactics within the strategy turned the nice profit into a very nice profit.

A $10,000 (6,451 British pounds) loan purchased 736 shares at $13.57.  In 2015 the shares rose to $19.60 and were worth $14,425 (up 44.25%).

Those profits were spectacular by any stretch of the imagination but turned out even better because the profits above excluded the forex profit.

In 2015-2016 , the British pound dropped almost exactly as it did 30 years ago!  The British pound fell from $1.55 per pound to $1.33 per pound.

At $1.33 per pound, the 6,451 pound loan only required $8,575 to pay back the loan.  This created an extra $1,425 forex profit.

When the opportunity appeared again last year, I updated the report to  “Silver Dip 2018”.

The 2018 report showed how the opportunity for this speculation was even better than it was in 2015.

Yet the profits have not yet arrived.  This allows me to make an amazing no-risk guaranteed offer to you.

Silver Dip 2019 includes profit calculations for 2019 and I offer you the report “Silver Dip 2019” with a year long guarantee.

“If the profits recommended in the report don’t arrive by the end of the year, I’ll give you a complete and full refund”.

That’s right if the tactic described in Silver Dip 2019 do not hit their target, you don’t have to pay a thing for the report.

Investing in silver ETFs leveraged with margin loans may create extraordinary profits in 2019.

The “Silver Dip 2019”  shows how to easily make an ideal speculation for almost any amount.   The report shows when and how to get margin loans in dollars, British pound, Japanese yen or euro.

In fact you learn how to borrow in 23 different currencies, even Russian rubles, so you can choose the weakest currency with the lowest interest rates.

Low Interest Loans

Interest on the loan won’t eat up profits.  The “Silver Dip 2019” shows how to borrow many currencies right now for less than 2%.

The Silver Dip is only exercised when conditions are absolutely ideal.  Value investors never push this rule.  Investment and speculative markets are full of rumor, conjecture (a lot of it false) and hidden agendas.  The Silver Dip relies instead on a really simple theory… that the price of gold should rise about the same rate as other basic goods and the rise and fall of silver’s price should maintain a parity with gold.  When that parity is out of balance (as it has been since August 2018) silver’s price is ready to explode.

The “Silver Dip 2019” explains how to speculate in silver ETFs plus outlines the following:

  • How to use the Silver Dip strategy without adding a penny of cash if you already have investments.
  • How to invest as little as a thousand dollars in silver if you do not have a current investment portfolio.
  • Why this is a speculation, not an investment:  who should and should not speculate and how to limit losses and take profits.
  • Three reasons why conditions are excellent for better for a Silver Dip now.
  • Three different ways to invest in the US or abroad.
  • How to buy gold and silver or platinum with or without dollar leverage margin accounts.

The “Silver Dip 2019” also contains four matrices that calculate profits and losses so investors can determine cut off positions in advance to protect profits and/or losses.  The report also looks at how to switch time horizons for greater safety.

Rising interest rates make the stock market highly dangerous in the short term. “The Silver Dip 2019” shows how to create a safe, diversified good value stock portfolio and use it to generate much higher returns with a little controlled speculation in silver.

Learn how to beware of certain brokers and trading platforms, how to choose a good bank or broker and how silver profits are taxed.

The report includes a complex comparison of silver’s price with other costs of living from 1942 to today to help determine its real value.

Finally, learn why and how to use advisers to manage profits from silver dips.

Current circumstances could cause the price of silver to rise rapidly at any time.  Do not delay reading this report.

The Silver Dip sold for $79 in 1986.  Due to savings created by online publishing (we have eliminated the cost f paper and postage), we are able to offer this report for $39.95.

Order now by clicking here.  Silver Dip 2019  $39.95

The benefit of 50 years experience in watching markets, metals, bonds, interest rates and currencies, I have learned many special pricing situations to watch for.

These special opportunities do not appear every day.  That’s why they are special.

Unless you have seen them come and go, it’s hard to see them coming again.

That is why I was willing to wait for years for silver to be in a special pricing position.

Our courses and reports are about finding good value and they have been helping astute readers find value investments, again and again for 50 years.

The “Silver Dip 2019” report shows a current huge opportunity.  I continuously watch for aberrations in currency and precious metal markets.   Sometimes a rare quirk, such as the currency distortions, low cost loans and low silver price  offer potential for profit, with very little risk of long term loss.

Investors who speculate on these aberrations at the correct time can make fortunes.

The time is now.

Success is almost guaranteed.  In fact an 89 year study showed a 99% change of success when sequence distortions are worked in a certain way.

We are stalking precious metal opportunity now.

The trap is set. We are waiting…

This opportunity is explained in the report “Silver Dip 2019”.

You can order the Silver Dip 2019 here for $39.95

Here is why there is no risk for you.  The report is 100% guaranteed.

I do not sell book, reports and courses.  I offer benefits.  If  the Silver Dip 2019 does not bring you the benefits you expect, just let me know any time in 2019 and I’ll send you a quick, no questions asked, full refund.

I can’t promise that silver’s price will rise in 2019 but  I can guarantee you’ll be fully satisfied with the report or… you can have your money back in full.

You can order the Silver Dip 2019 here for $39.95

Gary

Currency Value Gift


Here’s a way to earn extra profit with the Multicurrency Sandwich.

You can invest even small amounts in the under priced currency mentioned below.

I recently sent subscribers of the Purposeful Investing Course a lesson about hidden value built into the Norwegian kroner.

That lesson included a quote from the December 2019 Market Outlook (1) from ENR Asset Management, an SEC registered investment advisor that helps US investors hold investment accounts overseas.   The Outlook provides the currency clue in its section on the Multi Currency Sandwich when it says (bolds are mine):

The NOK or Norwegian krone in October hit a record intraday low of 10.31 to the EUR. Its decline is hard to decipher. The krone is undervalued by many common measures. Norway’s economic performance is solid while budget and trade balances are in surplus.

The Norges Bank is the only European central bank hiking rates four times this year. The NOK should be strengthening, not declining. Though the NOK has long been correlated to oil prices, the export-dependency on salmon has increased markedly over the last decade. Having almost doubled since 2008, salmon prices have plunged 20% this year. Ten years ago, Norway exported about 15 times more oil than fish but that ratio has narrowed considerably to just 3.5 times, according to Nordea Bankin Oslo.

The chart below from www.finance.yahoo.com shows how the US dollar has risen continually against the Norwegian economy since 2018.

yahoo.com

The chart below from Economist.com shows that despite a weakening currency, Norway’s currency fundamentals are among the strongest in the world.

economist.com

Norway’s current account balance at +7.1% of GDP (versus -2.4% for the US) is among the highest of all developed markets.

The Norwegian government’s budget balance at a +6.6 (versus -4.7% for the US) is by far the strongest.

The kroner interest rate on ten year government bonds at 1.1% is below the US rate of 1.7%, but if the krone appreciates versus the US, the real return could be higher.

Despite these strong currency fundamentals, the kroner has fallen 8.6% against the US dollar.

This distortion creates a speculative potential in the Norwegian stock market because according to Keppler Asset Management’s top market selection strategy Norway is one of the top value developed markets.

This is where a double speculation opportunity comes in.  The Norwegian Krone is under priced and the Norwegian market is a good value market.

This adds a potential extra forex profit to investments in the Norwegian stock market.

One way to capture this potential is with an investment in the iShares country MSCI Norway ETF (symbol ENOR) (2).

Investors can buy small amounts of this ETF, or large, on US stock markets.

yahoo.com

The chart above from www.finance.yahoo.com shows how the Norwegian stock market as evidenced via the iShares MSCI Norway ETF (symbol ENOR) performed in a similar pattern to the S&P500 from 2015 to 2018, but has lagged seriously behind after.  Yet profits, earnings and yields in Norwegian shares have grown.  This has added value in this market.

I am personally going to overweight my position in ENOR.

Gary

The Only 3 Reasons to Invest

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The stock market has always been the best place of places to protect and increase wealth over the long haul.   Yet it’s also been the worst place to lose money, a lot of it, quickly.

There are only three reasons why we should invest.  We invest for income.  We invest to resell our investments for more than we had invested.  We invest to make our world a better place.

The goal of investing should be to stabilize our security, bring feelings of comfort and elimination of stress!

We should not invest for fun, excitement or to get rich quickly. We should not divest in a panic due to market corrections.

This is why my core stock portfolio consists of 19 shares and this position has hardly changed in three years.  During this time we have been steadily accumulating the same 19 shares and have traded only three times.

motif

This portfolio is built around a strategy that’s taught in my Purposeful Investing Course (Pi).  I call these shares my Pifolio.

This portfolio more or less matched the S&P 500 until May 2018.  Then a stronger US dollar made the portfolio look like it was falling behind.   This currency illusion creates a special opportunity we’ll view in a moment.

This portfolio above is based on stock price to value analysis built around 91 years of stock market data.

The value analysis is used to create a portfolio of MSCI Country Benchmark Index ETFs that cover  stock markets that are undervalued.  I have combined my 50 years of investing experience with the study of the mathematical market value analysis of Michael Keppler, CEO of Keppler Asset Management.

In my opinion, Keppler is one of the best market statisticians in the world.  Numerous very large fund managers use his analysis to manage over $2.5 billion of funds.  However because Keppler’s roots are in Germany (though he lives and operates from New York) and most of his funds registered for the European Union, Americans cannot normally access his data.

I was lucky to have crossed paths with Michael about 25 years ago, so I am one of the few Americans who receive this data and you will not find his information readily available in the US.

In a moment you’ll see how to remedy this fact.

The Pifolio analysis begins with Keppler’s research that continually monitors 46 stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  Then Keppler takes market’s history into account.

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Michael Kepler CEO Keppler Asset Management.

Michael’s analysis is rational, mathematical and does not cause worry about short term ups and downs.  Keppler’s strategy is to diversify into an equally weighted portfolio of the MSCI Indices of each good value (BUY) market.

This is an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

A BUY rating for an index does NOT imply that any one stock in that country is an attractive investment.  This eliminates the need for hours of research aimed at picking specific shares.  It is not appropriate or enough to instruct a stockbroker to simply select stocks in the BUY rated countries.  Investing in the index is like investing in all the shares in the index.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

To achieve this goal of diversification the Pifolio consists of Country Index ETFs.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally held at the beginning of 2019.

70% is diversified into Keppler’s good value (BUY rated) developed markets: Australia, France, Germany, Hong Kong, Italy, Japan, Norway, Singapore, Spain and the United Kingdom.

30% of the Pifolio is invested in Keppler’s good value (BUY rated) emerging markets: Brazil, Chile, China, Colombia, the Czech Republic, South Korea, Malaysia and Taiwan.

iShares Country ETFs make it easy to invest in each of the MSCI indicies of the good value BUY markets.

For example, the iShares MSCI Australia (symbol EWA) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Australia Index which is composed mainly of large cap and small cap stocks traded primarily on the Australian Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Australia.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

There is an iShares country ETF for every market.

How you can create your own good value strategy.

I would like to send you, on a no risk basis, a 130 page basic training course that teaches the good value strategy I use.   I call this strategy Purposeful Investing (PI).  You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You get this course when you enroll in our Purposeful Investing program (Pi) with a triple guarantee.

Triple Guarantee

Enroll in Pi.  Get the 130 page basic training, a 46 stock market value report, access to all the updates I have sent in the past three years, two more reports on investing (described below) and an online Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

When you subscribe to Pi, you immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last two years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

Included in the basic training is an additional 120 page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

You also receive two special reports.

In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich.  Some of my readers made enough to retire.  Others picked up 50% currency gains.  Then the cycle ended.  Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview.  He said:  Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!

I did well then, but always thought, “I should have invested more!”  Now those circumstances have come together and I am investing in them again.

The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar.  The two conditions are in place again!

30 years ago, the US dollar rose along with Wall Street.  Profits came quickly over three years.  Then the dollar dropped like a stone, by 51%  in just two years.  A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.

This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I have created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but in this special offer, you receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you subscribe to Pi.

Plus get the $39.95 report “The Silver Dip 2019” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the last two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80, compared to a ratio of 230 only two years before.

In September 2015, I prepared a special report “Silver Dip 2015” about a silver speculation, leveraged with a British pound loan, that could increase the returns in a safe portfolio by as much as eight times.  The tactics described in that report generated 62.48% profit in just nine months.

I have updated this report and added how to use the Silver Dip Strategy with platinum.   The “Silver Dip 2019” report shares the latest in a series of long term lessons gained through 40 years of speculating and investing in precious metals.  I released the 2015 report, when the gold silver ratio slipped to 80.  The ratio has corrected and that profit has been taken and now a new precious metals dip has emerged.

I have prepared a new special report “Silver Dip 2019” about a leveraged speculation that can increase the returns in a safe portfolio by as much as eight times.

You also learn from the Value Investing Seminar, our premier course, that we have been conducting for over 30 years.  Tens of thousands of delegates have paid up to $999 to attend.  Now you can join the seminar online FREE in this special offer.

This three day course is available in sessions that are 10 to 20 minutes long for easy, convenient learning.   You can listen to each session any time and as often as you desire.

The sooner you hear what I have to say about current markets, the better you’ll be able to cash in on perhaps the best investing opportunity since 1982.

seminars

Tens of thousands have paid up to $999 to attend.

This year I celebrated my 51st anniversary of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

Stock and currency markets are cyclical.  These cycles create extra profit for value investors who invest when everyone else has the markets wrong.  One special seminar session looks at how to spot value from cycles.  Stocks rise from the cycle of war, productivity and demographics.  Cycles create recurring profits.  Economies and stock markets cycle up and down around every 15 to 20 years as shown in this graph.

stock-Charts

The effect of war cycles on the US Stock Market since 1906.

Bull and bear cycles are based on cycles of human interaction, war, technology and productivity.  Economic downturns can create war.

The chart above shows the war – stock market cycle.  Military struggles (like the Civil War, WWI, WWII and the Cold War: WW III) super charge inventiveness that creates new forms of productivity…the steam engine, the internal combustion engine,  production line processes, jet engines, TV, farming techniques, plastics, telephone, computer and lastly during the Cold War, the internet.  The military technology shifts to domestic use.  A boom is created that leads to excess.  Excess leads to correction. Correction creates an economic downturn and again to war.

Details in the online seminar include:

* How to easily buy global currencies, shares and bonds.

* Trading down and the benefits of investing in real estate in Small Town USA.  We will share why this breakout value is special and why we have been recommending good value real estate in this area since 2009.

* What’s up with gold and silver?  One session looks at my current position on gold and silver and asset protection.  We review the state of the precious metal markets and potential problems ahead for US dollars.  Learn how low interest rates eliminate  opportunity costs of diversification in precious metals and foreign currencies.

* How to improve safety and increase profit with leverage and staying power.  The seminar reveals Warren Buffett’s value investing strategy from research published at Yale University’s website.  This research shows that the stocks Buffet chooses are safe (with low beta and low volatility), cheap (value stocks with low price-to-book ratios), and high quality (stocks of companies that are profitable, stable, growing, and with high payout ratios). His big, extra profits come from leverage and staying power.  At times Buffet’s portfolio, as all value portfolios, has fallen, but he has been willing and able to wait long periods for the value to reveal itself and prices to recover.

Use time not timing.

Time is your friend when you use a good value strategy.  The longer you can hold onto a well balanced good value portfolio, the better the odds of outstanding success.

A 45 year portfolio study shows that holding a diversified good value portfolio (based on a  good value strategy) for 13 month’s time, increases the probability of out performance to 70%.  However those who can hold the portfolio for five years gain a 88% probability of beating the bellwether in the market and after ten years the probability increases to 97.5%.

Learn how much leverage to use.  Leverage is like medicine, the key is dose.  The best ratio is normally 1.6 to 1.  We’ll sum up the strategy; how to leverage cheap, safe, quality stocks and for what period of time based on the times and each individual’s circumstances.

Learn to plan in a way so you never run out of money.  The seminar also has a session on the importance of having and sticking to a plan.  See how success is dependent on conviction, wherewithal, and skill to operate with leverage and significant risk.  Learn a three point strategy based on my 50 years of investing experience combined with wisdom gained from some of the world’s best investment managers and economic mathematical scientists.

The online seminar also reveals  the results of a $80,000 share purchase cost test that found the least expensive way to invest in good value.  The keys to this portfolio are good value, low cost, minimal fuss and bother.  Plus a great savings of time.  Trading is minimal, usually not more than one or two shares are bought or sold in a year.  I wanted to find the very least expensive way to create and hold this portfolio so I performed this test.

I have good news about the cost of the seminar as well.   For almost three decades the seminar fee has been $799 for one or $999 for a couple. Tens of thousands paid this price, but online the seminar is $297.

In this special offer, you can get this online seminar FREE when you subscribe to our Personal investing Course.

Save $468.90 If You Act Now

Subscribe to the first year of The Personal investing Course (Pi).  The annual fee is $299, but to introduce you to this online, course that is based on real time investing, I am knocking $102 off the subscription.  Plus you receive FREE the $29.95 report “Three Currency Patterns for 50% Profits or More”, the $39.95 report “Silver Dip 2019” and our latest $297 online seminar for a total savings of $468.90.

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Triple Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report, access to all the updates of the past two years, the two reports and the Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

Subscribe to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, the “Silver Dip 2018” and “Three Currency Patterns For 50% Profits or More” reports, and value investment seminar, plus begin receiving regular Pifolio updates throughout the year.

Subscribe to a Pi annual subscription for $197 and receive all the above.

Your subscription will be charged $299 a year from now, but you can cancel at any time.

Gary

(1) Read the entire December edition of ENR Asset Management’s Market Outlook here.

If prompted for a username and password, please use the following case sensitive keywords:

Username: enr

Password: Montreal

(2) See full details about the ishares.com MSCI ETF

 

Profit From Fear Part III


Time is the greatest tool for dealing with fear.

See how to use time to profit from low interest rate fear.

pixabay.com

This part three of this report that shows how to profit from investing in a scenario that I don’t think we have ever stumbled across before.

Fear is pushing the US stock market higher.

Normally fear pulls markets down and greed pushes them up.  Normally fear based appreciation only comes via hoarding… when panic is the ruling emotion.

The low interest rates paid on most currencies are making the US dollar and US stock markets increasingly poor values.

You can read part one of this report Profit From Fear  – Part II here.

In 1915, when I realized that low interst rates might hang around for awhile, I created the Purposeful Investing Course (Pi) and set up my own portfolio based on the course.

From January 2016 to April 2018 my equity investing plan was simple and worked really well.

The strategy was to invest equally in ETFs that represented indices of good value, non US dollar equity markets.

The idea was based on the fact that the good value markets were selling at 1.35 times book and paid an average yield of 3.34% compared to the US market selling at 2.77 times book and paying a yield of only 2.15%.

Here were the market valuations in 2016.

keppler valuations

That strategy worked like magic through May 2018.  The logic was sound and the markets behaved as common sense said they should.  I was able to accumulate good value shares at bargain prices and have increasing capital gains potential because eventually, value always rules markets.  Plus I was being paid double the yield of the US market.

Beginning January 2018, the US dollar rose from 89 to 98 (10%) versus the US dollar Index.

enr asset management

The stronger US dollar, along with a host of other factors, attracted more demand to the US stock markets.

In 2018 markets everywhere sagged, but the rising greenback helped US markets recover more and faster at the expense of the  good value markets.

The chart of my personal Pifolio of good value markets shows that they have not recovered as well as the US market… yet.

The word YET is important and we’ll see why in a moment.

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The recovery and superb performance of the US market today is very different from the exuberance in the year 2000.

The 2000 market mania came from GREED attached to incredible increased productivity created by new technology.  The 2000 bubble was the DOTCOM bubble.  Investors paid too much for shares because they believed to strongly in the rise of internet commerce.  This was a typical overreaction to good news.

Today’s market highs are created by FEAR of low and negative returns in other forms of investment (such as bonds and CDs).

The US market and US dollar are overpriced because negative interest rates in other developed market currencies leave investors nowhere to go.

Our latest Purposeful Investing Course (Pi) lesson looked at how the collapse in global government bond yields since August 2019 is suggesting the world economy is sliding into recession over the next 12-24 months, if history is a guide.

The lesson featured the ENR Asset Management Advisory (1) that said:

An Upside-Down Sovereign Bond World

Many pundits claim the alarming trend of negative-yielding rates began in Japan. That’s not the case. The first country to sport a negative benchmark ten-year government bond yield was Switzerland back in January 2015. Japan followed in 2016, Germany and the Netherlands in the summer of 2016 and Denmark and Finland in the fall of that same year, according to David Rosenberg of Gluskin Sheff (Espresso with Dave, August 29). Eight other countries have followed since, including Ireland, Latvia, Slovenia, Slovakia, Belgium, Sweden, Austria and France. In the United States, benchmark 30-year Treasury bond have returned a stunning 27.6% total return in 2019 – the best calendar year since 2008 when it surged 34%.

ENR asset

An inverted yield curve, a phenomenon occurring when short-term bonds yield more than long-term bonds, has correctly predicted every recession since 1975.

Stocks can still rally amid an inversion, but eventually a bear market engulfs equities. The last such inversion occurred in 2005; by October 2007, the stock market peaked followed by a collapse in credit in mid-2008.

In late August, the 30-year Treasury bond yielded an all-time low of 1.95% — thirty basis points (0.30%) less than the Federal Funds rate. That’s unprecedented. As the dollar strengthens or at the very least, maintains its value vis-à-vis other currencies this year,
investors looking for a positive yield are heading to U.S. Treasury securities. Bonds aren’t cheap. But in a world where ‘breadcrumbs’ are the new normal for bond investors, T-bonds still look enticing compared to negative yields across most major government bond markets. In most major markets, negative-yielding bonds guarantee a capital loss at maturity as
investors pay for the privilege of lending to governments.

What are the lessons from Japan’s ultra-low bond yields since the 1990s and Switzerland more recently since 2015? The outcomes are dire. When Japanization or Swissification is shorthand for a sluggish business cycle, credit and equity investors should question the earnings outlook, recalling that Japanese stocks underperformed bonds for most of the country’s ‘lost decade.’ Combined with the ongoing yield curve inversion in the United States, investors should be wary of making bold risky bets.

In anticipation of an economic downturn, I  have moved an increasingly large share of my portfolio into US government bond ETFs.

The ENR Advisory reviews three such ETFs.

The Advisory says: Where to Find Safe Positive Yields

Outside of the global government bond market, investors still have opportunities to find a positive yield. Investment-grade corporate debt, high-yield bonds, convertible bonds and leveraged loans all continue to offer positive yields. However, with recession alarms sounding, we continue to recommend avoiding sub investment-grade securities or junk bonds. Credit spreads for riskier bonds have indeed risen over the last six weeks but still don’t provide enough yield coverage to compensate for rising credit downgrades – inevitable as this cycle ends. I’m frankly surprised we haven’t seen more credit downgrades this summer.

https://www.flickr.com/photos/garyascott/48698268422/in/dateposted-public/

Another factor to consider is duration risk. Duration risk measures bond interest rate sensitivity; for example, if your average duration is ten years and rates rise 1%, you can expect to lose about 10% on your bond. With long-term Treasury bonds recording their best
annual returns since 2008, I’d reduce duration risk for new money coming into the market at these super low yields. Instead, consider an average duration in bonds no greater than seven years. The big bucks have already been made in long-term bonds, at least for now.

Emerging market USD bonds offer about 200 basis points or 2% more in effective annual yield (about 5.4%) compared to dollar-denominated intermediate-term Treasury and corporates. I don’t think that extra yield is worth the risk at this late stage of the cycle. If there’s a recession coming, you don’t want to own emerging markets.

1. Vanguard Tax-Exempt Bond ETF (NYSE-VTEB). The first place to look for income is tax free, if possible. The less tax Uncle Sam and friends receive from you, the better. Vanguard does a super job with VTEB. The Fund holds over 4,200 tax exempt bonds
with an effective duration of 5.4 years. VTEB is up 7.4% this year. The expense ratio is just 0.08% per annum accompanied by a 2.34% trailing 12-month yield. With trailing 12-month U.S. CPI at 1.8%, this leaves the investor with a positive real return.

2. iShares 3-7 Year Treasury Bond ETF (NYSE-IEI). A safer avenue to Treasuries now is to buy a portfolio of intermediate-term securities. IEI sports an expense ratio of 0.15% per year and yields an effective 2.05%. The Fund is up 6.7% this year. The portfolio
owns 100% U.S. Treasuries harboring an effective duration of 4.45 years. This is a conservative investment for those investors looking for some income. The yield, at 2.05% currently, is now more than 90-day U.S. T-bills.

3. iShares Intermediate-Term Corporate Bond ETF (NYSE-CIU). U.S. and international corporations have near-record debt levels after binging on cheap credit over the past decade. Many U.S. companies have also borrowed to finance share buybacks. Despite
high debt levels, the largest corporations should be able to service debts in a recession.  This product provides wide diversification across U.S. investment-grade corporations with the Top Ten issuers including Bank of America, JP Morgan Chase & Co., Citigroup, Morgan Stanley and Apple, Inc. The annual expenses are just 0.06% accompanied by a trailing 12-month yield of 3.60%. The Fund’s effective duration is 6.21 years. In 2019, CIU has gained 13.6%.

Bonds are expensive. There’s no arguing this point. In the past, I’ve even pegged most fixed income securities as ‘bubble’ investments following tremendous gains since 1981. Most bonds since 2013 don’t provide real returns or cover the cost of annual inflation. But my tune changed late last year as signs of economic trouble loomed. Trade wars, credit inversions, expensive asset prices for U.S. stocks and bonds, and an ageing economic cycle all point to more volatility ahead.

Many commentators have dismissed the fall in yields and rise in negative-yielding debt as proof of a bond ‘bubble.’ But it’s not a reflection of investors’ irrational exuberance and instead, symptomatic of a wake-up call for politicians to act to prevent a deflationary global economic downturn. I’m not sure central banks can deflect trade wars and the resultant consequences of tariffs. Instead, it might be time for some countries, like Germany, for example, to cut taxes. Others might consider fiscal relaxation to delay the economic reckoning. These include Canada, France, the Nordic countries and others.

Here’s My Plan

The logic of value is undeniable… a fact of reality that applies to all things of nature.

Take a wild animal walking.  It will always move along the path that requires the lowest expenditure of energy.  The animal will naturally seek level paths and avoid tangles and brush.

If a rich food source appears the animal will move off the easy track… as long as the added energy from the food exceeds the output to get it.  The animal will, in greed, even reduce its caution… as many wild things attracted to a pile of bait put out by a hunter, have learned the hard way.

If attacked by a predator the animal will move, in panic, uphill through bracken, thorns and bramble, even though a lot more energy is required.

The animal in greed and fear will expend inefficient amounts of energy, but eventually the animal will return to the  most economical path.

This is nature and the simple words that apply are:  fear… greed… value…  timing… balance.

I see the divergence of good value markets versus the US market as an opportunity but don’t have a clue when the fear of plunging stock markets will overcome the fear of low yields.

My plan is to keep five years of liquidity in top rated bond ETFs, so I can accumulate all other funds in good value investments without having to sell a thing.

This allows me to wait out the timing in the markets without disrupting the balance between my liquidity needs and the need for my investments to outpace inflation.

Each of us has our own liquidity…income… capital… appreciation formula to workout.   The numbers are not always easy to make compatible, but if you keep the three basic factors in mind,  value…  timing… balance, you’ll have a much better chance of maintaining financial stability.

I hope you have a good time, creating time for your good value investments to work.

Gary

Investing Beyond the Boom

Warren Buffet once warned against the Cinderella effect.

He said “Don’t be fooled by that Cinderella feeling you get from great returns.  Nothing sedates rationality like large doses of effortless money.  After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.  They know the party must end but nevertheless hate to miss a single minute of what is one helluva party.  Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands.”

Cinderella may have lost a shoe when she fled the party to meet a midnight curfew.  We can lose much more when we rush from a crashing stock market.

Most investors face emotional dangers that build in rising markets.

Almost everyone feels good.

But the clock of economic reckoning is ticking.

No wants to see it.  Nothing rises forever and especially… not everything at the same time.

Yet no one wants to leave the party until the end.

But many edge closer to the door.

When the clock chimes there could be a stampede even though leaving in a hurry may be the worst way to go.

Here are seven steps that can help avoid this risk.

  • Choose investments based on markets instead of shares.
  • Diversify based on value.
  • Rely on financial information rather than economic news.
  • Keep investing simple.
  • Keep investing costs low.
  • Trade as little as possible.
  • Make the decision process during panics automatic.

One strategy is to invest in country ETFs that easily provide diversified, risk-controlled investments in countries with stock markets of good value.  These ETFs provide an easy, simple and effective approach to zeroing in on value.  Little management and less guesswork is required.  The expense ratios for most ETFs are lower than those of the average mutual funds.  Plus a single country ETF provides diversification equal to investing in dozens, even hundreds of shares.

A minimum of knowledge, time, management or guesswork are required.

The importance of…

easy…

transparent…

and inexpensive. 

Keeping investing simple is one of the most valuable, but least looked at, ways to avoid disaster.  Simple and easy investing saves time.  How much is your time worth?  Simple investing costs less and avoids fast decisions during stressful times in complex situations where we are most likely to get it wrong.

Fear, regret and greed are an investor’s chief problem.  Human nature causes  investors to sell winners too soon, and hold losers too long.

Easy to use, low cost, mathematically based habits and routines help protect against negative emotions and impulse investing.

Take control of your investing.  Make decisions based on data and discipline, not gut feelings.  The Purposeful investing Course (Pi) teaches math based, low cost ways to diversify in good value markets and in ETFs  that cover these markets.  This course is based on my 50 years of investing experience combined with wisdom gained from some of the world’s best investment managers and economic mathematical scientists.

Enjoy Repeated Wealth With Pi

Pi’s mission is to make it easy for anyone to have a strategy and tactics that continually maintain safety and turn market turmoil into extra profit.

One secret is to invest with a purpose beyond the immediate returns.  This helps create faith in a strategy that adds stickiness to the plan.

Another tactic is to invest with enough staying power so you’re never caught short.

Never have to sell depressed assets during periods of loss.

Lessons from Pi are based on the creation and management of Model Portfolios, called Pifolios.

The success of Pifolios is based on ignoring economic news (often created by someone with vested interests) and using financial math that reveals deeper economic truths.

One Pifolio covers all the good value developed markets.  Another covers the emerging good value markets.

The Pifolio analysis begins with a continual research of 46 major stock markets that compares their value based on:

#1:  Current book to price

#2:  Cash flow to price

#3:  Earnings to price

#4:  Average dividend yield

#5:  Return on equity

#6:  Cash flow return.

#7:  Market history

This is a complete and continual study of almost all the developed major and emerging stock markets.

This mathematical analysis forms the basis of a Good Value Stock Market Strategy.   The analysis is rational, mathematical and does not worry about short term ups and downs.

This strategy is easy for anyone to follow and use.  Pi reveals the best value markets and provides contacts to managers and analysts and Country Index ETFs so almost anyone can create and follow their own strategy.

Learn how to invest like a pro from the inside out.

At the beginning of 2019 my personal Pifolio is based on select ETFs in the Keppler Developed and Emerging markets.  My Pifolio is invested in Country ETFs that cover seven developed and three emerging markets:

Norway
Australia
Hong Kong
Germany
Japan
Singapore
United Kingdom
Taiwan
South Korea
China

Don’t give up profit to gain ease and safety!

Regardless of economic news, these markets represent good value and have been chosen based on four pillars of valuation.

  • Absolute Valuation
  • Relative Valuation
  • Current versus Historic Valuation
  • Current Relative versus Relative Historic Valuation

When you subscribe to Pi, you immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last two years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

Included in the basic training is an additional 120 page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

You also receive two special reports.

In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich.  Some of my readers made enough to retire.  Others picked up 50% currency gains.  Then the cycle ended.  Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview.  He said:  Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!

I did well then, but always thought, “I should have invested more!”  Now those circumstances have come together and I am investing in them again.

The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar.  The two conditions are in place again!

30 years ago, the US dollar rose along with Wall Street.  Profits came quickly over three years.  Then the dollar dropped like a stone, by 51%  in just two years.  A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.

This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I have created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but in this special offer, you receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you subscribe to Pi.

Plus get the $39.95 report “The Silver Dip” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the last two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80, compared to a ratio of 230 only two years before.

In September 2015, I prepared a special report “Silver Dip 2015” about a silver speculation, leveraged with a British pound loan, that could increase the returns in a safe portfolio by as much as eight times.  The tactics described in that report generated 62.48% profit in just nine months.

I have updated this report and added how to use the Silver Dip Strategy with platinum.   The “Silver Dip” report shares the latest in a series of long term lessons gained through 40 years of speculating and investing in precious metals.  I released the 2015 report, when the gold silver ratio slipped to 80.  The ratio has corrected and that profit has been taken and now a new precious metals dip has emerged.

I have prepared a new special report “Silver Dip” about a leveraged speculation that can increase the returns in a safe portfolio by as much as eight times.

You also learn from the Value Investing Seminar, our premier course, that we have been conducting for over 30 years.  Tens of thousands of delegates have paid up to $999 to attend.  Now you can join the seminar online FREE in this special offer.

This three day course is available in sessions that are 10 to 20 minutes long for easy, convenient learning.   You can listen to each session any time and as often as you desire.

The sooner you hear what I have to say about current markets, the better you’ll be able to cash in on perhaps the best investing opportunity since 1982.

seminars

Tens of thousands have paid up to $999 to attend.

This year I celebrated my 52nd anniversary of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

Stock and currency markets are cyclical.  These cycles create extra profit for value investors who invest when everyone else has the markets wrong.  One special seminar session looks at how to spot value from cycles.  Stocks rise from the cycle of war, productivity and demographics.  Cycles create recurring profits.  Economies and stock markets cycle up and down around every 15 to 20 years as shown in this graph.

stock-Charts

The effect of war cycles on the US Stock Market since 1906.

Bull and bear cycles are based on cycles of human interaction, war, technology and productivity.  Economic downturns can create war.

The chart above shows the war – stock market cycle.  Military struggles (like the Civil War, WWI, WWII and the Cold War: WW III) super charge inventiveness that creates new forms of productivity…the steam engine, the internal combustion engine,  production line processes, jet engines, TV, farming techniques, plastics, telephone, computer and lastly during the Cold War, the internet.  The military technology shifts to domestic use.  A boom is created that leads to excess.  Excess leads to correction. Correction creates an economic downturn and again to war.

Details in the online seminar include:

* How to easily buy global currencies, shares and bonds.

* Trading down and the benefits of investing in real estate in Small Town USA.  We will share why this breakout value is special and why we have been recommending good value real estate in this area since 2009.

* What’s up with gold and silver?  One session looks at my current position on gold and silver and asset protection.  We review the state of the precious metal markets and potential problems ahead for US dollars.  Learn how low interest rates eliminate  opportunity costs of diversification in precious metals and foreign currencies.

* How to improve safety and increase profit with leverage and staying power.  The seminar reveals Warren Buffett’s value investing strategy from research published at Yale University’s website.  This research shows that the stocks Buffet chooses are safe (with low beta and low volatility), cheap (value stocks with low price-to-book ratios), and high quality (stocks of companies that are profitable, stable, growing, and with high payout ratios). His big, extra profits come from leverage and staying power.  At times Buffet’s portfolio, as all value portfolios, has fallen, but he has been willing and able to wait long periods for the value to reveal itself and prices to recover.

Use time not timing.

Time is your friend when you use a good value strategy.  The longer you can hold onto a well balanced good value portfolio, the better the odds of outstanding success.

A 45 year portfolio study shows that holding a diversified good value portfolio (based on a  good value strategy) for 13 month’s time, increases the probability of out performance to 70%.  However those who can hold the portfolio for five years gain a 88% probability of beating the bellwether in the market and after ten years the probability increases to 97.5%.

Learn how much leverage to use.  Leverage is like medicine, the key is dose.  The best ratio is normally 1.6 to 1.  We’ll sum up the strategy; how to leverage cheap, safe, quality stocks and for what period of time based on the times and each individual’s circumstances.

Learn to plan in a way so you never run out of money.  The seminar also has a session on the importance of having and sticking to a plan.  See how success is dependent on conviction, wherewithal, and skill to operate with leverage and significant risk.  Learn a three point strategy based on my 50 years of investing experience combined with wisdom gained from some of the world’s best investment managers and economic mathematical scientists.

The online seminar also reveals  the results of a $80,000 share purchase cost test that found the least expensive way to invest in good value.  The keys to this portfolio are good value, low cost, minimal fuss and bother.  Plus a great savings of time.  Trading is minimal, usually not more than one or two shares are bought or sold in a year.  I wanted to find the very least expensive way to create and hold this portfolio so I performed this test.

I have good news about the cost of the seminar as well.   For almost three decades the seminar fee has been $799 for one or $999 for a couple. Tens of thousands paid this price, but online the seminar is $297.

In this special offer, you can get this online seminar FREE when you subscribe to our Personal investing Course.

Save $468.90 If You Act Now

Subscribe to the first year of The Personal investing Course (Pi).  The annual fee is $299, but to introduce you to this online, course that is based on real time investing, I am knocking $102 off the subscription.  Plus you receive FREE the $29.95 report “Three Currency Patterns for 50% Profits or More”, the $39.95 report “Silver Dip” and our latest $297 online seminar for a total savings of $468.90.

ecuador-seminar

Triple Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report, access to all the updates of the past two years, the two reports and the Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

Subscribe to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, the “Silver Dip” and “Three Currency Patterns For 50% Profits or More” reports, and value investment seminar, plus begin receiving regular Pifolio updates throughout the year.

Subscribe to a Pi annual subscription for $197 and receive all the above.

Your subscription will be charged $299 a year from now, but you can cancel at any time.

Gary

 

 

 

 

 

(1) ENRAssetManagement.com

 

Free Forex Course


I have provided a link for a FREE online forex course at the end of this message.

I am making this 150 page course (the course was $149 when we published it in print) FREE online because a rare investing opportunity has presented itself.

In 1986, I first spotted this opportunity, when the gold silver ratio rose above 80 (an ounce of gold costs 80 times as much as an ounce of silver).  When this ratio exceeds 80… the odds of silver’s price rising faster than gold are good.  Really good!

I describe below how seeing that ratio in 1986 helped me make such huge profits that I wrote a report (The Silver Dip) so subscribers could make substantial, quick profits as well.

But as mentioned, the opportunity is rare and did not occur again for another 29 years.  When the gold silver ratio rose to 80 again in 2015, I updated the report.

This ten year chart of the gold silver ratio shows how the silver ratio had only risen above 80 once in the past decade, in 2015.

SILVER

Then in September 2018 the ratio shot up to all-time highs and has remained above 80 for six months now.  This is exceedingly rare and creates a huge… and potentially immediate profit potential.

SILVER

Knowing about a fast rising silver price can create excellent, fast profits in certain conditions.

See how these conditions are described in the updated Silver Dip Report and why there is so much forex and trading opportunity right now.  Then at the end of this message there is a link to the FREE 150 page course “International Currencies Made EZ”.

Why Leverage Silver ETFs

Turn $250 into $51,888… in Four Years or Less?

I first spotted an opportunity in 1986.   Two short term distortions (in the price of silver and the strength of the British pound) created potential for huge profits.  I wrote in a report (called the “Silver Dip”) that told how to borrow British pounds to speculate in silver and earn over $50,000 profit.  That’s the headline I used then in 1986, “Turn $250 into $51,888… in Four Years or Less”.

The report showed how to take borrow overpriced British pounds and invest the loan in under priced silver.   $250 was required to set up the loan.  No other cash was needed to borrow the pounds.

Readers who followed the report made $46,299 on the no cash investment in only one year

Then in 2015 I spotted the same distortion again.  The British pound was overvalued.  Silver was undervalued. 

I quickly issued a report… the “Silver Dip 2015” that looked at how similar conditions to 1986 had fallen into place.  The price of silver had reached a six year low.  The British pound strength was rising.  The dollar per pound rate was $1.55 per pound, exactly the same as in 1986 and the silver/gold ratio rose over 80 just as in 1986.

That report revealed the iShares Silver Trust, a silver ETF  and during the year after issuing this report, the share price rose from $13.57 per share to $19.60 in 2015.

The rise in the silver price created a nice profit.   The currency and leverage tactics within the strategy turned the nice profit into a very nice profit.

A $10,000 (6,451 British pounds) loan purchased 736 shares at $13.57.  In 2015 the shares rose to $19.60 and were worth $14,425 (up 44.25%).

Those profits were spectacular by any stretch of the imagination but turned out even better because the profits above excluded the forex profit.

In 2015-2016 , the British pound dropped almost exactly as it did 30 years ago!  The British pound fell from $1.55 per pound to $1.33 per pound.

At $1.33 per pound, the 6,451 pound loan only required $8,575 to pay back the loan.  This created an extra $1,425 forex profit.

When the opportunity appeared again last year, I updated the report to  “Silver Dip 2018”.

The 2018 report showed how the opportunity for this speculation was even better than it was in 2015.

Yet the profits have not yet arrived.  This allows me to make an amazing no-risk guaranteed offer to you.

Silver Dip 2019 includes profit calculations for 2019 and I offer you the report “Silver Dip 2019” with a year long guarantee.

“If the profits recommended in the report don’t arrive by the end of the year, I’ll give you a complete and full refund”.

That’s right if the tactic described in Silver Dip 2019 do not hit their target, you don’t have to pay a thing for the report.

Investing in silver ETFs leveraged with margin loans may create extraordinary profits in 2019.

The “Silver Dip 2019”  shows how to easily make an ideal speculation for almost any amount.   The report shows when and how to get margin loans in dollars, British pound, Japanese yen or euro.

In fact you learn how to borrow in 23 different currencies, even Russian rubles, so you can choose the weakest currency with the lowest interest rates.

Low Interest Loans

Interest on the loan won’t eat up profits.  The “Silver Dip 2019” shows how to borrow many currencies right now for less than 2%.

The Silver Dip is only exercised when conditions are absolutely ideal.  Value investors never push this rule.  Investment and speculative markets are full of rumor, conjecture (a lot of it false) and hidden agendas.  The Silver Dip relies instead on a really simple theory… that the price of gold should rise about the same rate as other basic goods and the rise and fall of silver’s price should maintain a parity with gold.  When that parity is out of balance (as it has been since August 2018) silver’s price is ready to explode.

The “Silver Dip 2019” explains how to speculate in silver ETFs plus outlines the following:

  • How to use the Silver Dip strategy without adding a penny of cash if you already have investments.
  • How to invest as little as a thousand dollars in silver if you do not have a current investment portfolio.
  • Why this is a speculation, not an investment:  who should and should not speculate and how to limit losses and take profits.
  • Three reasons why conditions are excellent for better for a Silver Dip now.
  • Three different ways to invest in the US or abroad.
  • How to buy gold and silver or platinum with or without dollar leverage margin accounts.

The “Silver Dip 2019” also contains four matrices that calculate profits and losses so investors can determine cut off positions in advance to protect profits and/or losses.  The report also looks at how to switch time horizons for greater safety.

Rising interest rates make the stock market highly dangerous in the short term. “The Silver Dip 2019” shows how to create a safe, diversified good value stock portfolio and use it to generate much higher returns with a little controlled speculation in silver.

Learn how to beware of certain brokers and trading platforms, how to choose a good bank or broker and how silver profits are taxed.

The report includes a complex comparison of silver’s price with other costs of living from 1942 to today to help determine its real value.

Finally, learn why and how to use advisers to manage profits from silver dips.

Current circumstances could cause the price of silver to rise rapidly at any time.  Do not delay reading this report.

The Silver Dip sold for $79 in 1986.  Due to savings created by online publishing (we have eliminated the cost f paper and postage), we are able to offer this report for $39.95.

Order now by clicking here.  Silver Dip 2019  $39.95

The benefit of 50 years experience in watching markets, metals, bonds, interest rates and currencies, I have learned many special pricing situations to watch for.

These special opportunities do not appear every day.  That’s why they are special.

Unless you have seen them come and go, it’s hard to see them coming again.

That is why I was willing to wait for years for silver to be in a special pricing position.

Our courses and reports are about finding good value and they have been helping astute readers find value investments, again and again for 50 years.

The “Silver Dip 2019” report shows a current huge opportunity.  I continuously watch for aberrations in currency and precious metal markets.   Sometimes a rare quirk, such as the currency distortions, low cost loans and low silver price  offer potential for profit, with very little risk of long term loss.

Investors who speculate on these aberrations at the correct time can make fortunes.

The time is now.

Success is almost guaranteed.  In fact an 89 year study showed a 99% change of success when sequence distortions are worked in a certain way.

We are stalking precious metal opportunity now.

The trap is set. We are waiting…

This opportunity is explained in the report “Silver Dip 2019”.

You can order the Silver Dip 2019 here for $39.95

Here is why there is no risk for you.  The report is 100% guaranteed.

I do not sell book, reports and courses.  I offer benefits.  If  the Silver Dip 2019 does not bring you the benefits you expect, just let me know any time in 2019 and I’ll send you a quick, no questions asked, full refund.

I can’t promise that silver’s price will rise in 2019 but  I can guarantee you’ll be fully satisfied with the report or… you can have your money back in full.

You can order the Silver Dip 2019 here for $39.95

Gary

Here’s a free course on international currencies for you.

A reader recently sent this note:

Gary, I have been receiving your newsletters since 2013 and really appreciate your knowledge and advice.  Do you know where I can go (website) to find out about Forex (foreign exchange)?  Someone told me about it and I wanted to research it.  I know I can goggle it but not sure what website is reputable.  If you have your own opinions, that would be good.  I know you are very busy.  Thanks so much.

Jyske-bank

I worked on forex trading for decades with Jyske Bank, one of the largest currency trading banks in Europe.  This is their trading hall.

Jyske-bank

Here I am at the bank’s huge, modern trading hall in Denmark, so of course I could help this reader.

I immediately replied: We have a course on Forex entitled “International Currencies Made EZ”.

This 150 page course provides the basics of forex and is free online to my subscribers.

To take the course “International Currencies Made EZ” free, simply click on the link below

https://www.garyascott.com/currez/index.html

Gary

 

 

 

When the Pound is Pounded – Part III


Three Reasons to be Bold on Gold, & Silver- Part III

Over the past three decades one of three profit laden distortions have appeared… occasionally.

Each of these distortions have created outstanding… almost unbelievable profits.

Never… ever… have I seen all three distortions appear at once… until now.   Thus I am rushing a three part report that looks at each distortion and explains how to cash in one them via an investing tactic I named The Silver Dip, over three decades ago.

This first segment of this report looks at the price of gold as the cornerstone of the Silver Dip.  If you missed part one, see it here.

When gold’s price is good value and silver prices are too high or low versus gold, conditions become ideal for a silver speculation.

Part II looked at why silver offers even more potential than gold right nowIf you missed prat II see it here.

In part III of this report we look at the surging  British pound.

In 1986 when I first issued The Silver Dip report it recommended borrowing British pounds at a parity of 1.55 dollars per pound.   Every $10,000 borrowed netted US$15,500 to buy 3,195 ounces of silver at around US$4.85 an ounce.

Silver’s price skyrocketed to over $11 an ounce within a year.  3,195 ounces of silver became worth $35,145.

There was even more profit because the pound crashed to $1.40 dollars per pound.

The loan which had generated $15,500 could be paid off for only $14,000, immediately creating an additional $1,500 profit.

In total, the profit was $36,645 in just a year.

The amazing part is that investors who had a safe portfolio of good value shares did not have to put up one cent of extra cash to make that profit.  Some investors in 1986 borrowed 100,000 pounds and made almost a half million in profit in just a year.

In September 2015, similar conditions fell into place.

I wrote the Silver Dip 2015 because the price of silver had again reached a six year low.

The British pound rate was again $1.55 per pound, exactly the same as in 1986!

From July 15, 2015 to July 15, 2016 the British pound fell from $1.55 per pound to $1.33 per pound.   Huge profits were reaped in silver’s prcie rise  and the pound’s fall.

Now the British pound is surging upwards versus the US dollar again.

Last week’s Wall Street Journal April 19, 2018 article “Pound Hits Post-Brexit High as Dollar Falls” (1) says:

The brighter economic picture may push the Bank of England to raise interest rates again, which could help boost the pound further

The pound hit its highest level against the dollar Tuesday since Britain voted to leave the European Union, buoyed by a weak greenback and belief a Brexit may be less punishing than investors had feared.

The pound hit $1.4377 in early London trading, its strongest since June 24, 2016, one day after the Brexit referendum.

Sterling is also benefiting from a weak dollar, which is falling given fears that a global trade war could hurt the U.S. economy, among other factors.

The pound’s performance has been less impressive against the euro. It is still 11% lower than where it traded just ahead of the EU-membership referendum.

These distortions create a trifecta of profit potential right now.  Gold’s price is a good value.  Silver is priced at an even better value than gold and the pound is reaching a stage where pound loans to invest in silver offers extra profit potential.

I urge you to study the information below.  These distortions do not come often and I have never seen all three coincide as they are now.  Such a treasure house of potential will not last long.

Gary

Turn $250 into $51,888, Guaranteed

Turn $250 into $51,888… in Four Years or Less.

I first spotted an opportunity in 1986.   Two short term distortions (in the price of silver and the strength of the British pound) created potential for huge profits.  I wrote in a report (called the “Silver Dip”) that told how to borrow British pounds to speculate in silver and earn over $50,000 profit.  That’s the headline I used then in 1986, “Turn $250 into $51,888… in Four Years or Less”.

The report showed how to take borrow overpriced British pounds and invest the loan in under priced silver.   $250 was required to set up the loan.  No other cash was needed to borrow the pounds.

Readers who followed the report made $46,299 on the no cash investment in only one year

Then in 2015 I spotted the same distortion again.  The British pound was overvalued.  Silver was undervalued. 

I quickly issued a report… the “Silver Dip 2015” that looked at how similar conditions to 1986 had fallen into place.  The price of silver had reached a six year low.  The British pound strength was rising.  The dollar per pound rate was $1.55 per pound, exactly the same as in 1986 and the silver/gold ratio rose over 80 just as in 1986.

That report revealed the iShares Silver Trust, a silver ETF  and during the year after issuing this report, the share price rose from $13.57 per share to $19.60 in 2015.

The rise in the silver price created a nice profit.   The currency and leverage tactics within the strategy turned the nice profit into a very nice profit.

A $10,000 (6,451 British pounds) loan purchased 736 shares at $13.57.  In 2015 the shares rose to $19.60 and were worth $14,425 (up 44.25%).

Those profits were spectacular by any stretch of the imagination but turned out even better because the profits above excluded the forex profit.

In 2015-2016 , the British pound dropped almost exactly as it did 30 years ago!  The British pound fell from $1.55 per pound to $1.33 per pound.

At $1.33 per pound, the 6,451 pound loan only required $8,575 to pay back the loan.  This created an extra $1,425 forex profit.

When the opportunity appeared again last year, I updated the report to  “Silver Dip 2018”.

The 2018 report showed how the opportunity for this speculation was even better than it was in 2015.

Yet the profits have not yet arrived.  This allows me to make an amazing no-risk guaranteed offer to you.

Silver Dip 2019 includes profit calculations for 2019 and I offer you the report “Silver Dip 2019” with a year long guarantee.

“If the profits recommended in the report don’t arrive by the end of the year, I’ll give you a complete and full refund”.

That’s right if the tactic described in Silver Dip 2019 do not hit their target, you don’t have to pay a thing for the report.

Investing in silver ETFs leveraged with margin loans may create extraordinary profits in 2019.

The “Silver Dip 2019”  shows how to easily make an ideal speculation for almost any amount.   The report shows when and how to get margin loans in dollars, British pound, Japanese yen or euro.

In fact you learn how to borrow in 23 different currencies, even Russian rubles, so you can choose the weakest currency with the lowest interest rates.

Low Interest Loans

Interest on the loan won’t eat up profits.  The “Silver Dip 2019” shows how to borrow many currencies right now for less than 2%.

The Silver Dip is only exercised when conditions are absolutely ideal.  Value investors never push this rule.  Investment and speculative markets are full of rumor, conjecture (a lot of it false) and hidden agendas.  The Silver Dip relies instead on a really simple theory… that the price of gold should rise about the same rate as other basic goods and the rise and fall of silver’s price should maintain a parity with gold.  When that parity is out of balance (as it has been since August 2018) silver’s price is ready to explode.

The “Silver Dip 2019” explains how to speculate in silver ETFs plus outlines the following:

  • How to use the Silver Dip strategy without adding a penny of cash if you already have investments.
  • How to invest as little as a thousand dollars in silver if you do not have a current investment portfolio.
  • Why this is a speculation, not an investment:  who should and should not speculate and how to limit losses and take profits.
  • Three reasons why conditions are excellent for better for a Silver Dip now.
  • Three different ways to invest in the US or abroad.
  • How to buy gold and silver or platinum with or without dollar leverage margin accounts.

The “Silver Dip 2019” also contains four matrices that calculate profits and losses so investors can determine cut off positions in advance to protect profits and/or losses.  The report also looks at how to switch time horizons for greater safety.

Rising interest rates make the stock market highly dangerous in the short term. “The Silver Dip 2019” shows how to create a safe, diversified good value stock portfolio and use it to generate much higher returns with a little controlled speculation in silver.

Learn how to beware of certain brokers and trading platforms, how to choose a good bank or broker and how silver profits are taxed.

The report includes a complex comparison of silver’s price with other costs of living from 1942 to today to help determine its real value.

Finally, learn why and how to use advisers to manage profits from silver dips.

Current circumstances could cause the price of silver to rise rapidly at any time.  Do not delay reading this report.

The Silver Dip sold for $79 in 1986.  Due to savings created by online publishing (we have eliminated the cost f paper and postage), we are able to offer this report for $39.95.

Order now by clicking here.  Silver Dip 2019  $39.95

The benefit of 50 years experience in watching markets, metals, bonds, interest rates and currencies, I have learned many special pricing situations to watch for.

These special opportunities do not appear every day.  That’s why they are special.

Unless you have seen them come and go, it’s hard to see them coming again.

That is why I was willing to wait for years for silver to be in a special pricing position.

Our courses and reports are about finding good value and they have been helping astute readers find value investments, again and again for 50 years.

The “Silver Dip 2019” report shows a current huge opportunity.  I continuously watch for aberrations in currency and precious metal markets.   Sometimes a rare quirk, such as the currency distortions, low cost loans and low silver price  offer potential for profit, with very little risk of long term loss.

Investors who speculate on these aberrations at the correct time can make fortunes.

The time is now.

Success is almost guaranteed.  In fact an 89 year study showed a 99% change of success when sequence distortions are worked in a certain way.

We are stalking precious metal opportunity now.

The trap is set. We are waiting…

This opportunity is explained in the report “Silver Dip 2019”.

You can order the Silver Dip 2019 here for $39.95

Here is why there is no risk for you.  The report is 100% guaranteed.

I do not sell book, reports and courses.  I offer benefits.  If  the Silver Dip 2019 does not bring you the benefits you expect, just let me know any time in 2019 and I’ll send you a quick, no questions asked, full refund.

I can’t promise that silver’s price will rise in 2019 but  I can guarantee you’ll be fully satisfied with the report or… you can have your money back in full.

You can order the Silver Dip 2019 here for $39.95

Gary

(1) wsj.com: sterling hits highest against dollar since brexit vote

Turn $250 into $51,888


Spectacular profit potential has developed with short term distortions and trends in the price of silver and the parity of the British pound.

Turn $250 into $51,888… in Four Years or Less.

If someone offers you a deal like this, I would normally say “Run as fast as you can!

Yet in 1986, I spotted two short term distortions (in the price of silver and the strength of the British pound).  This is exactly what I wrote in a report (called “The Silver Dip”) that told how to borrow British pounds to buy silver.

I must admit.

I was wrong.

Readers who followed the report made nearly that amount ($46,299 to be exact) in only one year!

Then in 2015 I spotted the same distortion again.  Precious metal and British pound contrasts that had reaped huge rewards for me and many of my readers 30 years ago were repeating themselves.  I quickly issued a report… “The Silver Dip 2015”.

Now “The Silver Dip 2018” reveals that these trends have come into place again!

“The Silver Dip 2015” looked at potential profits in silver in 2015, similar conditions to 1986 fell into place. The price of silver had reached a six year low.  The British pound strength was rising.   The rate was $1.55 per pound, exactly the same as in 1986 and the silver/gold ratio rose over 80.  This ratio means that the price of silver is more likely to rise than the price of gold.

The report revealed the silver ETF, code named SLV, and it rose from $13.57 per share to $19.60 in less than a year.

This created a nice profit, but the currency and leverage tactics within the strategy turned the nice profit into a very nice profit.

$10,000 invested in shares at $13.57 purchased 736 shares (rounded down).  At $19.60 the 648 shares were worth $14,425 for a 44.25% rise in 1 year.

The report showed how the SLV speculation could be leveraged.  The leveraged performance was even better!

Take for example, an investment of $10,000 based on that report.  With no leverage, the $10,000 rose to $14,425 for a $4,425 profit or 44.25% gain on the original $10,000 invested.

One times leverage ($10,000 invested and $10,000 loan also invested) created $28,870 or a return of $18,544 after interest and loan payoff of $10,326 or 85.44% gain on the original $10,000 invested.

Two times leverage ($10,000 invested and $20,000 loan also invested) creates $43,316 or $22,664 after interest and loan payoff of $20,752 or 126.64% gain.

Three times leverage ($10,000 invested and $30,000 loan also invested) creates $57,761 or $26,783 profit after interest and loan payoff of $30,978 or 167.83% gain.

Those profits were spectacular by any stretch of the imagination but turned out even better because the profits above excluded the forex profit.

In 2015-2016 , the British pound dropped almost exactly as it did 30 years ago!  From July 15, 2015 to July 15, 2016 the British pound fell from $1.55 per pound to $1.33 per pound.

6,451 pounds borrowed in July 2015 at 1.55 converted to $10,000 to invest in SLV.

At 1.33 it only required $8,575 to pay back the loan.  This created an extra $1,425 forex profit.

Here are the profit figures of the Silver Dip from July 2015 to July 2016. (These calculations are approximate. The exact day a purchase or sale was made would change the profit or costs plus interest rates will have varied from lender to lender.  There would be also be trading costs that reduced the profits.  All are minor fluctuations compared to the profits.)

Gain on $10,000 invested.

 No leverage: $4,425 profit, a 44.25% gain.

With leverage $10,000 plus $10,000 loan invested created $9,969 profit, a 99.69% gain. 10,000 plus $20,000 loan invested created $15,514 or 155.14% gain.

10,000 plus $30,000 loan invested created $21,058 or 210.58% gain.

The Silver Dip  2018 update shows that the gold silver ratio is even higher now than it was in 2015.

Speculating in silver ETFs leveraged with British pound loans may create extraordinary profits this year.

The “Silver Dip 2018”  shows how to easily make an ideal speculation for almost any amount.  The report shows when and how to get a British pound loan.

Low Interest Loan

Interest on the loan won’t eat up profits.  The Silver Dip 2018 shows how to borrow British pounds right now for less than 2%.  The report shows another currency that can be borrowed for less than 1%.

Here is some history of the Silver Dip strategy.   “The Silver Dip” report of 1986 was the first specific investment report I ever published.  Silver had crashed in 1986, I mean really crashed, from $48 per ounce to $4.85 an ounce.  After I wrote that 1986 report, silver’s price skyrocketed to over $11 an ounce within a year.  The 1986 Silver Dip described how to turn a $12,000 ($18,600) British pound loan (investors only had to put up $250 and no other collateral) into $42,185.

Circumstances relating to precious metals in 2015 were similar to those of 1986.  In May 1986, the dollar pound rate was 1.55 dollars per pound.  The pound then crashed to 1.40 dollars per pound.   The loan could be paid off for $13,285 immediately creating an extra $5,314 profit or total profit of $47,499 in just a year.

Imagine how my interest was aroused when in 2015, silver was in a similar crashed position and the British pound was again worth $1.55.  Low priced silver (compared to gold) and a 1.55 dollar per pound forex parity created an ideal condition for a speculation in silver.

The Silver Dip is only exercised when conditions are absolutely ideal.  Value investors never push this rule.  Investment and speculative markets are full of rumor, conjecture (a lot of it false) and hidden agendas.  The Silver Dip relies instead on a really simple theory… gold should rise about the same rate as other basic goods and the rise and fall of silver’s price should maintain a parity with gold.

Gold is the cornerstone of the Silver Dip.  When silver prices are too high or low versus gold, then the conditions become ideal for a silver speculation, if gold’s price is stable or too low.

Yet gold is one of the hardest assets to value.  As a gold bug who has been investing in gold since the mid 1970s, I know this is true.  I have seen too many predictions over the decades that have been wrong, and I doubt that this will change in our lifetimes.

In the spring of 2018, the ideal conditions returned. I began updating the “Silver Dip 2018” report.

Gold fits the ideal criteria for speculation.  Gold is a good value now in 2018.

The “Silver Dip 2018” explains how to speculate in silver ETFs plus outlines the following:

  • How to use the Silver Dip strategy without adding a penny of cash if you already have investments.
  • How to invest as little as a thousand dollars in silver if you do not have a current investment portfolio.
  • Why this is a speculation, not an investment and who should and should not speculate and how to limit losses and take profits.
  • Three reasons why conditions are excellent for better for a Silver Dip now.
  • Three different ways to invest and speculate in gold, silver or platinum in the US or abroad.
  • How to buy gold and silver or platinum with or without dollar leverage margin accounts.

The “Silver Dip 2018” also contains four matrices that calculate profits and losses so investors can determine cut off positions in advance to protect profits and/or losses.  The report also looks at how to switch time horizons for greater safety.

Rising interest rates make the stock market highly dangerous in the short term. “The Silver Dip 2018” shows how to create a safe, diversified good value stock portfolio and use it to generate much higher returns with a little controlled speculation in silver.

Learn how to beware of  certain brokers and trading platforms, how to choose a good bank or broker and how silver profits are taxed.

The report includes a complex comparison of gold and silver with other costs of living from 1942 to today to help determine the real value of gold, silver and platinum.

Finally, learn why and how to use advisers to manage profits from the gold and silver dips.

Current circumstances could cause the price of platinum to rise rapidly at any time.  Do not delay reading this report.

The Silver Dip sold for $79 in 1986.  Due to savings created by online publishing (we have eliminated the cost f paper and postage), we are able to offer this report for $39.95.

The silver dip may be a good investment for you or not.  You should get the facts so you can decide so I extend my no fooling around guarantee.

Order Silver Dip 2018 now.

Study it for a month.

If this is an investment that can earn extra for you, great.   If this is not the type of investment for you, just let me know and I’ll give you a full refund… no questions asked.

Gary

Order now by clicking here.  Silver Dip 2018  $39.95

Gary

A Yen for Risk & Profit


Adventurous investors should consider a speculation in Japanese yen.   A forex lesson I learned 50 years ago can help you do this now.

Haneda Airport 1968.  I  was flying abroad for the first time from Portland, Oregon to Vancouver, Canada, then on to Hong Kong via Japan.  The plane touched down in Tokyo and I was wandering through the transit lounge.  There were so many sights and sounds that were strange to me.  Plastic samples of meals sit in the restaurant windows and I had never heard of the brands.  I stepped to the bar and was offered a Kirin beer or a Suntory whisky. “Are they good?,” I asked. “Of course,” was the reply. “How much do they cost?,”  “Just divide the price by 400 and you will have the dollar price,” I was told. “One dollar is 400 yen!”

Had I only known then that the yen would rise in value over the next 50 years to reach a high of 75 yen per dollar, I imagine I would have purchased as many yen as possible.   No one could have convinced me then, and worst still no one knew.

I hope I can convince you now because the US dollar is under pressure in many ways.

This chart from macrotrends.com shows is the 50 year history of the yen.  In 1968 a US dollar was worth 360 yen.  Today that same dollar is worth $110.  In 2011 the dollar’s parity to the yen dropped to an all time low of 75 yen per dollar.

yen

If you invested $1,000 dollars to buy yen in 1969, you received about 360,000 yen.   Before any investment returns, that yen is worth around $3,272 today.   In October 2011, those yen were worth $4,800.  That appreciation is pure forex gain.

Dollar Pressures

President Trumps suggestion that ‘trade wars are easy to win is not supported by history.   When President George W. Bush imposed steel tariffs from 2002 to 2004, the USD Index crashed 31% over that 24 month period.

Other downward pressures include:

* China’s launch of a crude futures oil contract on March 26, 2018.   China became the world’s largest consumer of crude oil in 2017.  Increased settlement contracts in yuan are a long-term threat to the US dollar.

* The German Bundesbank is now including the Chinese yuan in its reserves. This is the first time the German central bank will include the Chinese currency in its foreign-exchange mix.

* The International Monetary Fund’s Special Drawing Rights (SDR) basket – a collection of reserve currencies that serve as an alternative to the USD- added the yuan as its fifth currency in 2016.

One way to capitalize on this weakness is invest in the Japanese yen.

The Japanese yen ranked among the top-performing currencies against the dollar in February 2018, rising 2.3%.   Though the yen has rallied 6% in 2018, it has not discounted the growing likelihood of QE tapering at the Bank of Japan.  On March 2, the Bank of Japan suggested it could start moving away from ultra-loose monetary policy as early as next year.

Higher interest rates for the yen could cause its parity versus the greenback to soar.

If your broker allows margin accounts, one way to speculate is to add margin in US dollars to invest in yen based investments. 

An easy way to do this is to borrow US dollars and invest in the iShares MSCI Japan Country ETF (Symbol EWJ).

This ETF tracks the investment results of the MSCI Japan Index investing at least 90% of its assets in the securities of its underlying index traded primarily on the Tokyo Stock Exchange, including large, mid and small-capitalization companies.

This is a good value ETF that is invested in our Purposeful Investing Course model portfolio (and my personal portfolio).  Here is a www.finance.yahoo.com chart shows EWJ’s performance.

etf

Here is the type of potential that exists.

In 2014, when the yen was 122 yen per dollar and EWJ shares were $43.  These shares have risen to $60 per share which reflects both growth in the Japanese equity market and the rise of the yen.

July 2104 the dollar yen rate was 122 yen per dollar.   EWJ was $43.  Assume you invested $10,000 and borrowed $10,000 more to invest $20,000 in EWJ at $43 pr share.    You would have purchased $465 shares.  Today at $60 per share you investment would be $27,900.  Pay off the $10,000 loan and interest of around $500.  $7,400 is left or 74% profit in less than two years.

However   the yen at 110 yen per dollar is still 46% lower than its all time 2014 low of 75 yen per dollar.  There is still plenty of room for the yen to appreciate versus the greenback.

Plus the Japanese stock market currently offers really good value compared to the US market.

keppler

The Japanese P/E ratio is 16.1 compared to 24.4 for the US.  The price to book for the Japanese market is 1.38 versus 3.29 for the US.  Even the Japanese dividend yield at 2% is better than the US yield average of 1.86%

Borrowing US dollars to invest in the Japanese stock market is a good value idea with explosive profit potential.

If you prefer a straight speculation in the yen, there are two ETFs that speculate in yen.

The CurrencyShares Yen ETF (Symbol: FXY) seeks to replicate the performance of the Japanese Yen in U.S. Dollar terms (JPY/USD cross rate), before fees and expenses.

finance.yahoo.com yen

This ETF started in 2007 and is traded on the NYSE  and has a low expense ratio of 0.39%.

The Proshares Ultra Yen currency ETF (Symbol: YCL) is a higher risk, more volatile leveraged currency ETF.  This is a double long Yen ETF that seeks to replicate double (2x) the daily performance of the Japanese Yen in U.S. Dollar terms (JPY/USD cross rate), before fees and expenses.

finance.yahoo.com yen

It is important to note that when you double profit potential you also doubles the risk.   This fund has to roll its yen contracts periodically, so actual performance compared to the change in the price of the Japanese Yen may not be identical to a 200% move.  Due to its leveraged nature some stock brokers may impose higher margin requirements for this type of Yen Exchange Traded Fund.

The ProShares Ultra Yen Currency ETF (YCL) started in 2008 and is traded on the NYSE Arca and has a much higher (than FXY) expense ratio at 0.95%.

The US dollar has many downwards pressures now.  Investing in the yen offers excellent speculative potential.

Though the yen looks good and the Japanese stock market offers good value, the dollar could maintain strength for an extended period.  The Japanese stock market could fall.  Never borrow more than you can sustain and never leverage more than you can afford to lose.

The long term trend favors the yen.  $1,000 in yen in 1969, has been worth as much $4,800.  The yen appears under purchased now and the Japanese stock market is a good value market.  These factors make conservative, well managed US dollar loans to invest in yen or Japanese equities a sensible risk.

Gary

The Only 3 Reasons to Invest

garyheadshot

The stock market has always been the best place of places to protect and increase wealth over the long haul.   Yet it’s also been the worst place to lose money, a lot of it, quickly.

There are only three reasons why we should invest.  We invest for income.  We invest to resell our investments for more than we had invested.  We invest to make our world a better place.

The goal of investing should be to stabilize our security, bring feelings of comfort and elimination of stress!

We should not invest for fun, excitement or to get rich quickly. We should not divest in a panic due to market corrections.

This is why my core stock portfolio consists of 19 shares and this position has hardly changed in three years.  During this time we have been steadily accumulating the same 19 shares and have traded only three times.

motif

This portfolio is built around a strategy that’s taught in my Purposeful Investing Course (Pi).  I call these shares my Pifolio.

This portfolio more or less matched the S&P 500 until May 2018.  Then a stronger US dollar made the portfolio look like it was falling behind.   This currency illusion creates a special opportunity we’ll view in a moment.

This portfolio above is based on stock price to value analysis built around 91 years of stock market data.

The value analysis is used to create a portfolio of MSCI Country Benchmark Index ETFs that cover  stock markets that are undervalued.  I have combined my 50 years of investing experience with the study of the mathematical market value analysis of Michael Keppler, CEO of Keppler Asset Management.

In my opinion, Keppler is one of the best market statisticians in the world.  Numerous very large fund managers use his analysis to manage over $2.5 billion of funds.  However because Keppler’s roots are in Germany (though he lives and operates from New York) and most of his funds registered for the European Union, Americans cannot normally access his data.

I was lucky to have crossed paths with Michael about 25 years ago, so I am one of the few Americans who receive this data and you will not find his information readily available in the US.

In a moment you’ll see how to remedy this fact.

The Pifolio analysis begins with Keppler’s research that continually monitors 46 stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  Then Keppler takes market’s history into account.

Fwd: keppler

Michael Kepler CEO Keppler Asset Management.

Michael’s analysis is rational, mathematical and does not cause worry about short term ups and downs.  Keppler’s strategy is to diversify into an equally weighted portfolio of the MSCI Indices of each good value (BUY) market.

This is an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

A BUY rating for an index does NOT imply that any one stock in that country is an attractive investment.  This eliminates the need for hours of research aimed at picking specific shares.  It is not appropriate or enough to instruct a stockbroker to simply select stocks in the BUY rated countries.  Investing in the index is like investing in all the shares in the index.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

To achieve this goal of diversification the Pifolio consists of Country Index ETFs.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally held at the beginning of 2019.

70% is diversified into Keppler’s good value (BUY rated) developed markets: Australia, France, Germany, Hong Kong, Italy, Japan, Norway, Singapore, Spain and the United Kingdom.

30% of the Pifolio is invested in Keppler’s good value (BUY rated) emerging markets: Brazil, Chile, China, Colombia, the Czech Republic, South Korea, Malaysia and Taiwan.

iShares Country ETFs make it easy to invest in each of the MSCI indicies of the good value BUY markets.

For example, the iShares MSCI Australia (symbol EWA) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Australia Index which is composed mainly of large cap and small cap stocks traded primarily on the Australian Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Australia.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

There is an iShares country ETF for every market.

How you can create your own good value strategy.

I would like to send you, on a no risk basis, a 130 page basic training course that teaches the good value strategy I use.   I call this strategy Purposeful Investing (PI).  You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You get this course when you enroll in our Purposeful Investing program (Pi) with a triple guarantee.

Triple Guarantee

Enroll in Pi.  Get the 130 page basic training, a 46 stock market value report, access to all the updates I have sent in the past three years, two more reports on investing (described below) and an online Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

When you subscribe to Pi, you immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last two years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

Included in the basic training is an additional 120 page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

You also receive two special reports.

In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich.  Some of my readers made enough to retire.  Others picked up 50% currency gains.  Then the cycle ended.  Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview.  He said:  Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!

I did well then, but always thought, “I should have invested more!”  Now those circumstances have come together and I am investing in them again.

The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar.  The two conditions are in place again!

30 years ago, the US dollar rose along with Wall Street.  Profits came quickly over three years.  Then the dollar dropped like a stone, by 51%  in just two years.  A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.

This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I have created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but in this special offer, you receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you subscribe to Pi.

Plus get the $39.95 report “The Silver Dip 2019” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the last two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80, compared to a ratio of 230 only two years before.

In September 2015, I prepared a special report “Silver Dip 2015” about a silver speculation, leveraged with a British pound loan, that could increase the returns in a safe portfolio by as much as eight times.  The tactics described in that report generated 62.48% profit in just nine months.

I have updated this report and added how to use the Silver Dip Strategy with platinum.   The “Silver Dip 2019” report shares the latest in a series of long term lessons gained through 40 years of speculating and investing in precious metals.  I released the 2015 report, when the gold silver ratio slipped to 80.  The ratio has corrected and that profit has been taken and now a new precious metals dip has emerged.

I have prepared a new special report “Silver Dip 2019” about a leveraged speculation that can increase the returns in a safe portfolio by as much as eight times.

You also learn from the Value Investing Seminar, our premier course, that we have been conducting for over 30 years.  Tens of thousands of delegates have paid up to $999 to attend.  Now you can join the seminar online FREE in this special offer.

This three day course is available in sessions that are 10 to 20 minutes long for easy, convenient learning.   You can listen to each session any time and as often as you desire.

The sooner you hear what I have to say about current markets, the better you’ll be able to cash in on perhaps the best investing opportunity since 1982.

seminars

Tens of thousands have paid up to $999 to attend.

This year I celebrated my 51st anniversary of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

Stock and currency markets are cyclical.  These cycles create extra profit for value investors who invest when everyone else has the markets wrong.  One special seminar session looks at how to spot value from cycles.  Stocks rise from the cycle of war, productivity and demographics.  Cycles create recurring profits.  Economies and stock markets cycle up and down around every 15 to 20 years as shown in this graph.

stock-Charts

The effect of war cycles on the US Stock Market since 1906.

Bull and bear cycles are based on cycles of human interaction, war, technology and productivity.  Economic downturns can create war.

The chart above shows the war – stock market cycle.  Military struggles (like the Civil War, WWI, WWII and the Cold War: WW III) super charge inventiveness that creates new forms of productivity…the steam engine, the internal combustion engine,  production line processes, jet engines, TV, farming techniques, plastics, telephone, computer and lastly during the Cold War, the internet.  The military technology shifts to domestic use.  A boom is created that leads to excess.  Excess leads to correction. Correction creates an economic downturn and again to war.

Details in the online seminar include:

* How to easily buy global currencies, shares and bonds.

* Trading down and the benefits of investing in real estate in Small Town USA.  We will share why this breakout value is special and why we have been recommending good value real estate in this area since 2009.

* What’s up with gold and silver?  One session looks at my current position on gold and silver and asset protection.  We review the state of the precious metal markets and potential problems ahead for US dollars.  Learn how low interest rates eliminate  opportunity costs of diversification in precious metals and foreign currencies.

* How to improve safety and increase profit with leverage and staying power.  The seminar reveals Warren Buffett’s value investing strategy from research published at Yale University’s website.  This research shows that the stocks Buffet chooses are safe (with low beta and low volatility), cheap (value stocks with low price-to-book ratios), and high quality (stocks of companies that are profitable, stable, growing, and with high payout ratios). His big, extra profits come from leverage and staying power.  At times Buffet’s portfolio, as all value portfolios, has fallen, but he has been willing and able to wait long periods for the value to reveal itself and prices to recover.

Use time not timing.

Time is your friend when you use a good value strategy.  The longer you can hold onto a well balanced good value portfolio, the better the odds of outstanding success.

A 45 year portfolio study shows that holding a diversified good value portfolio (based on a  good value strategy) for 13 month’s time, increases the probability of out performance to 70%.  However those who can hold the portfolio for five years gain a 88% probability of beating the bellwether in the market and after ten years the probability increases to 97.5%.

Learn how much leverage to use.  Leverage is like medicine, the key is dose.  The best ratio is normally 1.6 to 1.  We’ll sum up the strategy; how to leverage cheap, safe, quality stocks and for what period of time based on the times and each individual’s circumstances.

Learn to plan in a way so you never run out of money.  The seminar also has a session on the importance of having and sticking to a plan.  See how success is dependent on conviction, wherewithal, and skill to operate with leverage and significant risk.  Learn a three point strategy based on my 50 years of investing experience combined with wisdom gained from some of the world’s best investment managers and economic mathematical scientists.

The online seminar also reveals  the results of a $80,000 share purchase cost test that found the least expensive way to invest in good value.  The keys to this portfolio are good value, low cost, minimal fuss and bother.  Plus a great savings of time.  Trading is minimal, usually not more than one or two shares are bought or sold in a year.  I wanted to find the very least expensive way to create and hold this portfolio so I performed this test.

I have good news about the cost of the seminar as well.   For almost three decades the seminar fee has been $799 for one or $999 for a couple. Tens of thousands paid this price, but online the seminar is $297.

In this special offer, you can get this online seminar FREE when you subscribe to our Personal investing Course.

Save $468.90 If You Act Now

Subscribe to the first year of The Personal investing Course (Pi).  The annual fee is $299, but to introduce you to this online, course that is based on real time investing, I am knocking $102 off the subscription.  Plus you receive FREE the $29.95 report “Three Currency Patterns for 50% Profits or More”, the $39.95 report “Silver Dip 2019” and our latest $297 online seminar for a total savings of $468.90.

ecuador-seminar

Triple Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report, access to all the updates of the past two years, the two reports and the Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

Subscribe to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, the “Silver Dip 2018” and “Three Currency Patterns For 50% Profits or More” reports, and value investment seminar, plus begin receiving regular Pifolio updates throughout the year.

Subscribe to a Pi annual subscription for $197 and receive all the above.

Your subscription will be charged $299 a year from now, but you can cancel at any time.

Gary

$645 billion here… $645 billion there


Forget about politics when it comes to health care.

The big battle over health care has one big problem at its root.

That problem is not political.  The problem is not ethical.  Nor is it availability of service or quality of facilities and skills.

The problem is…”Where is the money to pay for it?”

The cost of health care as the Western world envisions it is simply demographically unsound…. we are too many… too old.

A recent New York Times article “States Need $645 Billion to Pay Full Health-Care Costs” shows that the Federal health care problem is just the tip of the iceberg.

This article says:  States and cities around the country will soon book similar losses because of new, widely followed accounting guidelines that apply to most governments starting in fiscal 2018.

The new Governmental Accounting Standards Board principles urge officials to record all health care liabilities on their balance sheets instead of pushing a portion of the debt to footnotes.

The adjustments will show that U.S. states as a group have promised hundreds of billions more in retiree health benefits than they have saved up. The shortfall amounts to $645 billion, according to a new report from The Pew Charitable Trusts based on 2015 data. That is in addition to the $1.1 trillion states need to pay for future pension benefits, according to Pew.

The new level of transparency around retiree health expenses for public workers could lower municipal bond prices and force new decisions to reduce or scrap retiree health benefits as a way of coping with ballooning future costs, some analysts and researchers said.

Most states have almost no money saved up for future retiree health care costs and treat the benefits as an operating expense. States had just $48 billion in assets set aside as of 2015 as compared with $693 billion in liabilities, according to Pew.

This is a global problem:  counties, cities, states, nations.

All of these institutions have too much debt.

Recently Standard & Poor’s lowered China’s sovereign credit rating from AA- to A+ and revised its outlook to stable from negative.  The US credit rating was lowered from AAA to AA+ over five years ago.  The UK dropped to AA after Brexit.

S&P also lowered their rating on three foreign banks with large exposure in China, saying HSBC China, Hang Seng China and DBS Bank China Ltd. would be unlikely to avoid default should China default on its sovereign debt.

Standard & Poor’s warned that China has piled on too much debt and done it too quickly.  The steep rise in borrowing threatens to destabilize the country’s financial system.

China’s growth has been the single biggest driver of global growth for a decade.

There has been excessive borrowing by local Chinese governments and companies but China’s consumers, who were previously known for saving are now quickly taking on debt.

Chinese consumer debt has doubled since the start of 2016.  This borrowing is expected to grow higher: The International Monetary Fund expects Chinese personal debt as a percentage of its economic output to double by 2022.

This growing debt in the US and China, the world’s two largest economies, means we will certainly see the loss of the dollar’s and yuan’s purchasing power.  Inflation is the easiest way to reduce debt without really paying it back in full.

What to do?

There are several steps one can take to protect against such loss.

If you are investing in bonds, consider buying bonds denominated in the currencies of the 11 lucky countries that still have a AAA credit rating at the sovereign level.

Countries with AAA Sovereign rating: Australia – Canada – Denmark – Germany – Liechtenstein – Luxembourg – Netherlands – Norway – Singapore – Sweden – Switzerland.

Interest rates will be low… some even negative, but  the currencies will remain strong.

Second, if investing in equities consider shares in these countries if they are also good value markets.

Good value AAA rated equity markets: Australia – Canada – Germany – Norway – Singapore.

Learn more about these good value markets here.

Third, find low cost, but effective ways to look after your good health naturally.

Health and wealth are so connected that it’s hard to think about one without considering the other.  Human nature has a hard time with delaying gratification. Filling desires quickly with loans create innumerable social, economic and health problems that are all exacerbated by excessive debt.

We cannot change the world’s economy nor this fact of human nature, but we can change ourselves so we put more money into our health bank, than we take out.  We invest financially in low debt places that offer good value.

Gary

Save With Ecuador Shamanic Healthcare

Here’s why concepts from Ecuador shamanic healthcare is better than the hospital.

Few places can destroy health and ruin a lifetime of savings faster than a hospital.  We are at risk from pocketbook surgery and the incredibly dangerous “Secret Chargemaster”.   See below why chargemasters are normally kept secret and how to gain protection from their abuse.

Modern American health care is under pressure.  Despite horrendous costs, the system is faltering.  At times the care is more dangerous than the illness.  For example hospitals are the worst place to have a heart attack.  The University of North Carolina, did a study and found that 40% of the patients who had attacks in the hospital died before being discharged.  (The study compared that with only a 4% death rate for those who had heart attacks outside the hospital.)

Plus it was recently revealed that medical endoscopy scopes in hospitals were infecting patients with deadly drug-resistant bacteria.  The facts about this had not been previously disclosed.  The Centers for Disease Control and Prevention (CDC) estimate that hospital-acquired infections alone kill 99,000 people each year.  Here is an even worse hospital mortality fact.

CDC Stats

Click on image.

The image above shows a report from the Centers for Disease Control & Prevention. Hospital-acquired infections alone kill 57% more Americans every year than all car accidents and falls put together.

Often, what patients catch in the hospital is worse than what sent them there.  Governments and health care agencies agree  – antibiotic resistance is a “nightmare.”  An antibiotic-resistant bacteria may be spreading in more hospitals than patients know.  About one in every 25 hospitalized patients gets an infection and a 2013 report from the Journal of Patient Safety showed that medical errors are the third-leading cause of death in the country.

Along with the risk of hospital acquired illness and medical errors, the second huge threat to our well being… is health care costs, especially at hospitals.  This is because of the secrets in the Chargemaster and the people who do not want us to know how much hospital costs have risen .  Motivations beyond our good health, like corporate greed, want to keep us in the dark about health care cost.

hospital bill

The hospital bill above is part of a story about a $110,000 infection and why hospital “Chargemasters” are often secret.  This story tells how one person with resistant devastating infection ran up a $110,000 hospital bill only to find that Medicare would only pay $2,300 from treatment of infection.

Secret of the Chargemasters

Being in a hospital can kill as well as cure.  There are odds on that.  What is more certain is that hospitals can kill our finances.

The ‘average’ cost of hospital care is rising because the leading hospitals are front runners in figuring out how to amass market power so they can  raise prices and decrease competition.  A codeine pill that costs $20 at a hospital costs 50 cents at Rite-Aid or Walgreens.  Hospitals have “chargemasters” a price list created by each hospital, that typically has more than ten thousand entries, so almost nothing — even an aspirin, a bag of IV fluid, or a visit from a physical therapist to help a patient get out of bed — is free.  However, those lists are usually secret.

Hospital Failure

The Commonwealth Fund in its latest survey on overall health care ranked US healthcare dead last compared to 10 major countries.  Despite being worst, USA Today, Wall Street Journal, Forbes, New York Times have all warned about huge, increasingly costly, health care changes.  There are enormous problems in hospitals and chances are they are going to get worse.

When it comes to health care, we may well be on our own.  The very people, institutions and establishments that  we should rely on may actually hurt rather than help our health.  Shamanic Wisdom accumulated over the millennia can fill the gap.

The way to escape the dangers of the high cost deteriorating health care system, is to not need it.  Declare health independence… and create natural good health.  There are dozens of simple, really low costs steps that can improve health… eating, purification, exercise, even the way we think and don’t think when we sleep.

Ancient shamanic wisdom can help us reduce our risks of poor health care and help us fight the ever rising costs.

For nearly 50 years Merri and I have lived around the world and checked out just about every source on natural health care.  We have spent years living with natural health care insiders, and trying what they offered.

We took thousands of readers to Ecuador.  Many met the shamans there and we saw some health miracles take place (including a miracle with me!)

Since not everyone can go to Ecuador, we have created three Shamanic Natural Health Care Reports that can help improve our natural health.  They are concise and to the point.  In 15 minutes the first report shows exactly how to start preparing for better health and more energy.

We do not have to depend on the health care and health insurance monopolies for better natural health… or cave into a healthcare system that can put us at risk and charge outrageous prices at the same time.

Our shamanic health reports provide information on how to use ancient health care systems to become more healthy –  self sufficient – providing our own good health.

The first report is “Sunski”, the Andean word for good eating, for maximum nutrition and purification.

We started the series with eating because so many of our readers have found the Andean shamanic nutrition helps them kick start their health with weight trimming.  Here is what a few readers have written to us:

These are typical notes I have received from readers.  They all contains this common Ecuador weight loss refrain.

*  “Hi Merri,  things have worked out well.  I am healthier than I have ever been, lost 32 pounds since arriving in Sept.  Bought a house and have finished the first level.  What an amazing place you have found”.  Thanks Phil – Ecuador

*  “We’ve decided to change our eating patterns since we came home because we so enjoyed our meals at the farm and how we felt physically.  Thanks so much. With love” JJ New – Chicago

*  “After eating all that delicious food I gained 3 lbs but it must be in muscle weight as my pants fit loosely!”  R Vickers – New Mexico

*  “The food was so delicious and I thought I ate a lot, but during the week I lost six pounds!”  WB Australia.

Good eating is the first step towards natural health. The first rule of good health is getting the correct nutrition.  The second step is purification of toxins and eating to avoid getting impurities in our body in the first place!

Sunski is a way to eat that strengthens and purifies as it stops adding toxicity from eating.  Yet Sunski is a delicious, healthy “self defined” cleansing process.  One lesson in Sunski shows how to correct a simple mistake that most of the Western population makes which increases the chances of adding and retaining weight by 84%.

“Sunski” combines lessons about healthy eating that we learned from years of working with ayurvedic health masters and then living with an Ecuador Taita Yatchak and his apprentices.

We lived, worked, farmed, cooked and ate with this Taita Yatchak for years while learning “Sunski”.

shaman

The “Sunski” report has been 40 years and millions of miles of travel in the making.

We’ve invested thousands of hours into learning the skills of health self-reliance and resilience, identifying the best foods and combinations and sifted through loads of seeming contradictions to get to the facts about “do it yourself” longevity and natural health.

But that wasn’t enough – not when our good health is on the line.  So we consulted dozens of top professions who know a lot about natural health.  We spoke with holistic MDs chiropractors, Indian Vidyas, Andean Yatchaks, and other self-reliant natural health experts who live this way every day.

Don’t let the simplicity fool you…  years of research went into these reports.

And we only kept the best of the best: this system is complete – and FAST to learn – so you can get started immediately.

We all need to stay out of hospitals and reduce our exposure to modern medical risks and costs.

Why re-invent the wheel?  Especially when time is NOT on our side.  We’ve already done the hard work pulling together the information we all need to create better natural, good health.

Imagine… never worrying about what we eat ever again and reducing the risks of hospitalization and health care’s outrageous costs.

A few of the life balancing nutritional tips include how to:

#1: Eat a balance of fat, carbohydrates and protein.

#2: Eat combinations of food for ideal digestion.

#3: Eat clean organic food prepared and served by happy, joyful people.

#4: Eat in good spirits at the right times of day.

#5: Chew in the correct way.

#6: Eat purifying and satisfying meals.

#7:  Adapt eating habits that are suited to individual specific makeup and lifestyle and why such individualized nutrition is better than any specific set plan.

*  A complete list of EZ to use recipes that will immediately improve your short term energy… and your long term natural health – so that you never have to guess what foods you need (or rely on the health care establishment  to tell you the truth).

*  The single biggest constraint you’ll face in your eating habits  – and how you can eliminate it by adding two simple recipes to your Sunski system.

*  How to calculate exactly how much food you need so you don’t over or under build your nutritional plan.

*  A simple solution for making sure that your food delivers what your body needs when you need it.

*  What components you can choose for yourself and how to avoid mass diets that seem to work for every one except… you.

*  The best long term solution for avoiding sugar.

*  Use sweet spices to compensate for stress.

*  Specific types of unique spices that give you the biggest energy bang for your buck.

*  Spices that cleanse and purify.

*  Three changes in your fruit consumption that is a critical component for long term purificatioN.

*  The best times to eat specific foods.

*  How to direct different foods to different parts of the body.

*  Three teas that add a resilience to your natural health system that are easy to make and enjoy at home at a low cost.

*  Why it is good (in fact almost a requirement) to sometimes eat junk food.

The nutrition report also includes  23 special recipes of quick and easy but perfectly balanced meals and snacks.

quinoa pancakes

One of the recipes is for high protein Chocolate Quinoa Pancakes.

All of this information is in “Sunski” the first of three shamanic health reports.

Special and delicious, but fast and healthy recipes.

Merri received this note from a reader:   Merri, your wonderful cooking deserves very special thanksEverything was delicious. I’m now using close to your ingredients but I miss a lot in the result and long for a recipe or two.” Nancy H – Ireland

These recipes are easy to make, delicious to eat, inexpensive but balanced and healthy foods prepared in a shamanic way.

Learn how nutritional secrets can help keep you out of the hospital.

How the Hogberry Helps With COVID-19

Gain Amazing Health Benefits with the Hogberry

Research is showing that excess body fat can complicate the risks of COVID-19.

A recent article in USA Today, “As obesity’s link to COVID-19 grows, one family that lost 24-year-old daughter diets together” (1) tells the tale.

The article says:  The parents and two brothers of Silvia Deyanira Melendez, 24, are all in therapy after losing their daughter and sister to COVID-19 on March 28.  She weighed more than 300 pounds with a body mass index of 60, double the BMI considered obese. This most likely contributed heavily to her Type 2 diabetes, hypertension and a heart condition that required open-heart surgery two years ago.

The chronic conditions that increase the risk of serious illness and death of COVID-19 are now well known: diabetes, heart disease, hypertension and being older than 65. Obesity is less well known or understood. The Centers for Disease Control and Prevention groups “severe obesity,” defined as having a BMI of 40 or higher, with the other known “risk factors for serious illness” for COVID-19.

A growing number of studies and data on COVID-19 deaths confirm the link. The extra weight on people in the 40-plus BMI range who contract COVID-19 increases the chance they will require hospitalization, most likely in the intensive care unit. It also hampers the ability of physicians to treat them, especially with ventilators, doctors say.

Body fat complicates many health problems.   For example more than 100 studies have found that physical activity can lower cancer risk and even help cure cancer.  Fortunately researchers asked why and one answer became clear. Body fat.

Studies showed that reduced body fat creates  a 25% lower chance of developing cancer.

pixabay

Fortunately there is a little known way to reduce body fat that does not even require exercise.? I’ll share more on this secret in a moment.

First, body fat, COVID-19 and cancer? Let’s ask why?

Part of the answer is toxicity.

Healthy bodies naturally and regularly remove water-soluble toxins from the body. Our blood and kidneys flush them away.

Fat-soluble toxins such as metals, pesticides, preservatives, other pollutants are harder to flush out of the system. Fat-soluble toxins must become water-soluble before the body can get rid of them. The liver can do this conversion (bile emulsifies fat-souble toxins into water-soluble). This process requires healthy digestive and detox pathways. When they become imbalanced, fat-soluble toxins are stored in fat cells and brain cells instead. These toxins can remain for decades and create health problems.

The fat stored toxins cause oxidation (free radical damage) and degeneration as well as mutation. Toxins in the fatty tissue of the brain become neurotoxins that can cause cognitive problems and a host of mental and brain imbalances.

Burn Fat to Burn Toxins

When you burn fat you turn on the body’s detox fuel.  Fat metabolism is the body’s natural form of energy. Fat metabolism provides a more steady energy than glucose metabolism and flushes fat cells free of toxins. As the toxicity drops, the nervous system has reduced stress and will naturally burn fat instead of sugar.

This is why I have written a short report entitled “The FAST Way to Better Health” that features a special tea that can help reduce body fat.

The Key is in the Hogberry

I would like to send you a report “The FAST Way to Better Health” that reveals the secret of the Hogberry, FREE when you order my three Natural Health reports described below.

This reoort is only available with my three Natural Health Reports.

These three reports are about:

#1: Nutrition

#2: Purification

#3: Exercise

In this special offer I want to send you a special report on how you can gain better natural health with the hogberry along with three other reports that reveal secrets of health and longevity.

The Commonwealth Fund in its latest survey on overall health care ranked US healthcare dead last compared to 10 major countries.  Despite being worst, USA Today, Wall Street Journal, Forbes, New York Times have all warned about huge, increasingly costly, health care changes.  There are enormous problems in hospitals and chances are they are going to get worse, with the added complication of COVID-19.

When it comes to health care, we may well be on our own. The very people, institutions and establishments that we should rely on may actually hurt rather than help our health.

Ancient health wisdom accumulated around the world, over the millennia, can fill the gap.

The way to escape the dangers of high cost, deteriorating health care, is to not need it.  Declare health independence… and create natural good health. There are dozens of simple, really low costs steps that can improve health… eating, purification, exercise, even the way we think and don’t think when we sleep.

Ancient health wisdom from around the world can help us reduce our risks of poor health care and help us fight the ever rising costs.

For nearly 50 years my wife Merri and I have lived and worked around the world. During this time, we checked out just about every source on natural health care. We even  spent years living with natural health care insiders, and trying the lessons they offered.

We took thousands of readers to Ecuador, met with shamans in the Andes and Amazon. We helped other readers visit India and also learn great health care ideas from China and beyond.

Since not everyone can go to Ecuador or travel the world, we have created three Natural Health Reports that can help improve the power that your body has.  These reports are concise and to the point. In 15 minutes the first report shows exactly how to start preparing for better health and more energy.

We do not have to depend on the health care and health insurance monopolies for better natural health… or cave into a healthcare system that can put us at risk and charge outrageous prices at the same time.

Our health reports provide information on how to use ancient health care systems to become more healthy, self sufficient – providing our own good health.

The first report is “Sunski?”, the Andean word for good eating, for maximum nutrition and purification.

We started the series with eating because so many of our readers have found that a blend of Indian and Andean shamanic nutrition helped them kick start their health with weight trimming.

Good eating is the first step towards natural health. The first rule of good health is getting the correct nutrition.  The second step is purification of toxins and eating to avoid getting impurities in our body in the first place!

Sunski is a way to eat that strengthens and purifies as it stops adding toxicity from eating.  Yet Sunski is a delicious, healthy “self defined” cleansing process.  One chapter in Sunski shows how to correct a simple mistake that most of the Western population makes which increases the chances of adding and retaining weight by 84%.

Sunski combines lessons about healthy eating that we learned from years of working with all types of Western healers, ayurvedic health masters and then living with an Ecuador Taita Yatchak and his apprentices.

We lived, worked, farmed, cooked and ate with this Taita Yatchak for years while learning “Sunski”.

shaman

The “Sunski” report was 50 years and millions of miles of travel in the making.

We’ve invested thousands of hours into learning the skills of health self-reliance and resilience, identifying the best foods and combinations and sifted through loads of seeming contradictions to get to the facts about “do it yourself” longevity and natural health.

But that wasn’t enough – not when our good health was on the line. So we consulted dozens of top professions who know a lot about natural health. We spoke with holistic MDs, osteopaths, chiropractors, Indian vidyas, Andean yatchaks, and other self-reliant natural health experts who live a naturally healthy path every day.

Don’t let the simplicity fool you… years of research went into these reports.

And we only kept the best of the best: this system is complete – and FAST to learn – so you can get started immediately.

We all need to stay out of hospitals and reduce our exposure to modern medical risks and costs.

Why re-invent the wheel? Especially when time is NOT on our side.? We’ve already done the hard work for you pulling together the information so you can create better natural, good health.

Imagine… never worrying about what you eat and reducing the risks of hospitalization and health care’s outrageous costs.

A few of the life balancing nutritional tips include how to:

#1: Eat a balance of fat, carbohydrates and protein.

#2: Eat combinations of food for ideal digestion.

#3: Eat in good spirits at the right times of day while chewing in a special way.

This report includes a complete list of EZ to use recipes that will immediately improve your short term energy… and your long term natural health – so that you never have to guess what foods you need (or rely on the health care establishment).

quinoa pancakes

One of the recipes is for high protein Chocolate Quinoa Pancakes.

Recipes include:

  • Carrot Cake Quinoa Brownie with Stevia
  • Thermos Quinoa Kichiri
  • High Protein Veggie Almond Savory Cottage Pie
  • Mild Turmeric Curry
  • Low Carb Quinoa Tapioca Crumble
  • Merri’s Blackberry Crumble with Quinoa and Stevia
  • Merri’s Quinoa Strawberry Shortcake
  • Merri’s Quinoa Corn Bread
  • Merri’s Quinoa Corn Bread Dressing
  • Quinoa Risotto With Arugula and Parmesan
  • Timbal of Quinoa topped with Ginger or Parmesan Cheese
  • Quinoa Gazpacho With a Sherbert of Coriander
  • Quinoa Taboleh
  • Mango Quinoa Salad
  • Quinoa Avocado Curry

All of these recipes are in “Sunski” just one of the three natural health reports.

These recipes are easy to make, delicious to eat, inexpensive but balanced and healthy foods prepared in ways that provide nutrition and purification.

Learn how nutritional secrets can help keep you out of the hospital.

Here are a few facts and health tools you gain:

  • The single biggest constraint you’ll face in your eating habits? – and how you can eliminate it by adding two simple recipes to your Sunski system.
  • How to calculate exactly how much food you need so you don’t over or under build your nutritional plan.
  • A simple solution for making sure that your food delivers what your body needs when you need it.
  • What components you can choose for yourself and how to avoid mass diets that seem to work for every one except you.
  • The best long term solution for avoiding sugar.
  • Use sweet spices to compensate for stress.
  • Specific types of unique spices that give you the biggest energy bang for your buck.
  • Spices that cleanse and purify.
  • Three changes in your fruit consumption that is a critical component for long term purification.
  • The best times to eat specific foods.
  • How to direct different foods to different parts of the body.
  • Three teas that add a resilience to your natural health system that are easy to make and enjoy at home at a low cost.
  • Why it is good (in fact almost a requirement) to sometimes eat junk food.

All of this information is in “Sunski” the first of the three natural health reports.

These reports focus on how to have good natural health so you can remain independent and avoid costly medical care.

The second report shows you how to purify and detoxify existing poisons that have accumulated in your system.

The third report is about exercise… but not the type you would think.

Unlock the Mystery of Key Muscles

This third report unveils one exercise that energizes and coordinates the digestive system by exercising a set of key muscles, not while you are in a gym, but when you eat!  The body has a number of key muscles that regulate breathing, digestion, circulation, elimination and muscular motion.

The third report reveals an exercise you can do at the dinner table to energize these muscles which in turn coordinate every other muscle and organ in the body. Eating in this way for example (most of the modern world does not) energizes just one key muscle that regulates part of our ability to burn sugars and fat.

The report looks at oxygenation, coordination, purification, energy boosting, education, occupation and relaxation.

Healthy Eating Made EZ: Gain delicious, power packed weight reducing recipes from easy to obtain products from super market foods. Coddle Yourself Egg-High Protein Country Cottage Pie-Low Carb-Veggie Chile & Spaghetti- Weightless Bread-High Mountain Pure Protein Quinoa-Better Oatmeal of Steel- Several Soups for Super Strength-Berry Good Crunch Treat and Waist Less Apple Crumble are just a few.

Exercise for Strength and Better Health.  Medicine is dose. Too much exercise is as bad or worse as not enough. Learn how to let comfort be your exercise guide. Move with momentum-some exercises activate all muscles and provide the benefit of leverage, momentum and convenience so 12 minutes of exercise a day is enough. Blend body and mind-Alpha exercises take you into the zone so you win from the inside out.  Spin and bend-blend exercise secrets from India, the Andes and the East for easy and better health.? The Gentle Touch-if you have to breathe through the mouth you have done too much.

Here is what others have said about this information:

Though I ate more than ever, my weight dropped and I lost two inches off my waist.” – S.H. Oregon

The life path altering effects from the weekend with you and Merri continue. Thank you again. I have begun to change my diet. Bless you!” – D.B. Connecticut

You are indeed a spiritual pioneer, blending disciplines to create tools and resources for success in this new land of opportunity.  Anyone who thinks this is just all about money is missing the real message: This is about life in its most profound implications.” – W.P. Australia

I want to thank you for the wonderful time. I travailed from California to hear you convey your knowledge in the way you do so well, and I wasn’t disappointed.  The amount of information in the sessions was almost overwhelming, but it’s exactly what I went to hear.” – B.R. California

The technical information I gathered was most not new to me, but I like to compliment you for putting it all in the right perspective and to make it very understandable to all.  What was at our opinion one of the most important gaining of these 3 days is the opening of the new world, this new circle of what you call ‘normal’ people! (I call us ‘not normal’ as a matter of respect to the majority.)  But as we know, all is relative and depends at the point of view of each, His spiritual mind and his opinion about the senses of our being.” – E.V. Florida

People who, among other things, are active and productive and creative and resourceful, whose word can be counted upon; People who realize that spirituality DOES NOT mean sitting in a cave contemplating your navel and weaving baskets, nor does it equate in the Western culture with living in abject poverty.  People who realize that abundance is not a dirty word. People who understand that we are here to ENGAGE life, not to submit to circumstances out of fear and ignorance and apathy; People who don’t just use the most current ‘buzz words’ so they can feel like they are part of the group, but who actually DO something… Builders. Thank you for showing up in my life.” – E.W. Nevada

Good health is the most important asset in stressful times. Beyond the fact that modern health intervention (ie. hospital) can destroy one’s finances, being in good health brings the energy and balance required to make sound investing and business decisions.

When you order the three shamanic health reports that normally sell for $19.95 each, you save $19.95 plus get the report on the Hogberry free.

More important you learn how to feel better almost from the very first day.? Reduce stress, gain smooth steady energy without 10:30 am and 3:00 pm droops. Find out how to avoid being hungry right after you eat and how to make the cravings for sweets and junk food all but disappear.

I will send you this report “The FAST Way to Better Health” that reveals the secret of the Hogberry, FREE when you order my three Natural Health reports.

This is the only way to attain this report as it is not for sale or available to the general public.

As with all my reports and courses, satisfaction is guaranteed or your money back.  I want to be sure that the information in “The FAST Way to Better Health” works for you. The valuable knowledge you’ll gain in these reports works better when the nutrition, purification and exercise reports are combined so I have made this special offer.

Order all three Natural Health Reports worth $59.85 for $39.90 and save $19.95.

Order all three Natural Health Reports worth $59.85 for $39.90 and save $19.95.   Plus get the report “The Fast Way to Better Health” and our 60 day, full satisfaction or full, no questions asked, refund.

(1) www.usatoday.com/story/news/2020/05/23/obesity-makes-covid-19-risk-larger-hospitals-challenges-much-harder/5221600002/

 

 

 

(1) www.wsj.com:  States need 645 billion to pay for health care promises