Tag Archive | "Politics"

Ecuador Politics Next


What Ecuador politics next?

There is a lot we can learn about Ecuadorian politics and reality from the recent one day upheaval during the Ecuador police unrest.

If you missed our previous two reports on the benefits of the Ecuador police strike and immediate recovery, please see Ecuador Police Unrest and International Investment Opportunity in Turmoil.

Will the current Ecuador politics lead to this?

ecuador-politics

or is this the more likely result of Ecuador politics?

ecuador-politics

See below a batch pf Ecuador pictures and why I lean towards the politics of dancers in Ecuador.  First some words about Ecuador politics.

I was talking with our attorney (who does not like Correa) about Ecuador political realities and he feels that Correa mismanaged the situation.  He also felt that Correa took advantage of his error and made the situation look worse than it was.

There is a great article in the Wall Street Journal about last week’s disturbance, entitled  “What Really Happened in Ecuador” by Mary Anastasia O’Grady that confirms this.

Here is an excerpt from this Wall Street Journal article:   Eyewitnesses deny police kidnapped the president, and there’s no evidence a coup was in the making.

Aída Zaldumbide was recuperating from heart surgery at the police hospital in Quito Thursday when Ecuadoran President Rafael Correa arrived there, asking to see a doctor.  Mr. Correa says that, once inside the hospital, the police “kidnapped” him for 10 hours, in what he is calling an attempted coup d’état.

Not so, says Ms. Zaldumbide, at least one other patient, and two doctors and a nurse who were on duty at the time. They say Mr. Correa retained all his presidential privileges and was never without the protection of his security team.

They also say he was offered an armed escort to leave but refused it. Ecuador’s minister of internal and external security has also said that the president was never detained.

Nevertheless, at 9 p.m. Mr. Correa, who was doing telephone interviews with the state-controlled media during the time he was supposedly “kidnapped,” ordered 500 army troops to the hospital. The soldiers arrived with tanks and submachine guns and opened fire on the police. A fierce gun battle lasted 40 minutes, took the lives of two men, and terrified hospital staff and patients.

The trouble started on Thursday morning when the police announced a strike to protest cuts in their compensation. Mr. Correa responded by going to the barracks to confront the cops. Once inside the building he went to a window, tore open his shirt, and shouted, “If you want to kill the president, kill him!”

If the goal was taking out the president, that provocation provided the moment to do it. But it is unlikely that the police had any such thing in mind.

This is because, despite feeble management of the economy, most polls give the populist demagogue an approval rating of better than 50%. Recent history suggests that Ecuadoran governments topple only after their public approval falls first. Without popular support to remove Mr. Correa, a coup—by all accounts there was no leader—was not going to happen.

After the shootout was over, Ms. Zaldumbide told the Ecuadoran daily Expreso this: “It is unjust what happened. The press here is talking about him being kidnapped but it wasn’t that way. The special forces made a cordon for him to be able to leave but he did not want to. We told him to leave, to put our lives first, but he did not want to.” Ms. Zaldumbide went on to say that Mr. Correa “insisted on having [his movement known as Alianza Pais] come to escort him out because he had to leave with his head held high.”

Dr. Fernando Vargas, who was working at the hospital, posted similar testimony online at ecuadorenvivo.com: Mr. Correa “was never kidnapped, was attended to by hospital personnel,” and “the minister of the interior was in permanent contact with him.” The police prepared an armed escort for him and waited two hours for him to make use of it. Instead, there was “a savage military assault on this hospital,” where, the doctor pointed out, there were women, children and old people.

Diego Chimborazo, a police officer who was in the hospital for knee surgery, and another doctor gave similar accounts to Expreso of the senseless military strike.

Mr. Correa had little trouble managing the story. In the morning he closed down independent television reporting, limiting Ecuadorans to his version of the day’s events. Curiously, when he arrived at the plaza in front of the presidential palace—shortly after he left the hospital—to celebrate his triumph over the “coup,” giant TV screens and a sound system were already in place.

There is some evidence that the military, which will also bear Mr. Correa’s austerity measures, sympathized with the police strike. It did not move to police city streets when lawlessness broke out, and the air force closed some airports. Yet throughout the day the top brass remained loyal to the president.

One thing is certain: Mr. Correa is not going to let the crisis go to waste. Since Thursday he has been seizing the airwaves to broadcast his version of the narrative, which implicates his political opponents in what increasingly looks like a coup that never happened.

My comment is, “Correa is a politician. Is there a surprise here”?

What politician… after making numerous blunders does not try to make him or herself look good?

My attorney then went on to agree with me that few politicians… anywhere… meet all our expectations, but overall Correa has done a lot of good.   As mentioned, my attorney does not like Correa much… but says “he has done more than all other presidents in the past 15 years”.

The former Presidents in Ecuador have been bad for the entire 15 years Merri and I have been here. This has made little difference to day to day life.  Go to Garyascott.com and type Correa in the search engine as I have written many messages about him.  He is the best I have seen so far.

I believe that many of his policies are incorrect but he is smart. He remains popular.  He has been providing free housing for the poor.

They are little 240 square feet affairs.

Ecuador-political-scene

given free.

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These little houses are everywhere on the coast.

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He has helped build many more roads in Ecuador.

ecuador-beach-jama

Road expansion on Ecuador’s coast.

The bridge from Bahia to San Vicente is being worked on 24 hours a day. Correa as the president said that it is the 2nd most important project in Ecuador for tourisum after the new airport in Quito.

san vicente-pedernales-real estate

The road from San Vicente to Pederanales is presently being widened to four lanes.  A new highway from Quito to Pederanales is 45% complete. This highway will cut  the travel time from Quito to Pedernales in half….to three and a half  hours. This will make Pedernales the closest beach to Quito.

san vicente-pedernales-real estate

New highway under construction from San Vicente to Canoa.

Let me be clear about Correa. I do not like many of the things he has been doing… but then again I do not like many things that Obama is doing either.

Obama and Correa have much in common… youth… energy and inexperience.

Anyone looking for a place to live where the country has only good politicians may be in for quite a search.

Let me also be clear about my position regarding the USA.

A reader recently asked:

Gary, Just curious – if you love Ecuador so much – why is legal address in NC, USA.   Why a non-profit entity in the US!

My reply kind of says it all.

Does one have to dislike one country because they love another?

We have lived in Hong Kong,  England, Europe, The US, Ecuador, Dominican Republic and have enjoyed them all.    If there is one key theme in the thousands of messages we have sent to our tens of thousands of readers about global living is that diversification, people and value are keys aspects in our beliefs.

We love Ecuador and live part time here. We also love North Carolina and live part time there.  We are Florida residents and make no bones about our love for America and how we live more there than in Ecuador.

We reported in 2009 our shift back to Smalltown USA and agriculture in Florida. and why we see value in Smalltown USA as well as Ecuador.  Why we love the people and why  we diversify.

Those three themes… value… people… diversification are our politics.

This is our North Carolina home.

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This is our Florida home.

mt-dora

This, Inn Land of the Sun is our Ecuador home. Note how the US and Ecuadorian flag freely fly, side by side, with those of many other nations.

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Each makes the other better!

We do not get much into politics here in Ecuador (or in the USA).  We just enjoy the life… the sweet people… the warm weather… the good food and low cost living and let the politicians and the newscasters play their games. They have very little effect on our lives as we spend our time figuring out how we can be better rather than how to make the politicians look worse.

In fact bad Ecuador politics in many ways make life better for retirees here.  Bad politics screw up the economy leaving people poor and keeping the cost of living low.

I hope that changes. I would like to see more people in Ecuador prosper but that probably will not happen soon.

Low oil prices are expected this winter.  This and Ecuador’s debt will challenge Correa over the months ahead.

The bad economics will put Correa under pressure and he’ll make mistakes. He may even come off as a brash hot head.  Does this make him a dictator? Not that I have seen.  Will it make any difference in my life or the other gringo’s living here. Probably not.

In fact if there is anyone to fear it is the NEWS that misleads you and tries with its spin to lock you into a narrow point of view. Life is good in Ecuador and in Smalltown USA… make no mistake about this.

While many are living with the crowds and stress and snow and high prices… thinking there is danger here… a growing number of are enjoying the sun… low stress… low cost and a good life without big brother.

Here are more comments about Ecuador politics from readers who were in Ecuador during the one day police strike.

An American living on the coast wrote: Gary, We all had a good time. We arrived yesterday in Bahia and got the scoop of what went on here during the problems with police and president.

Here on the coast and specifically Bahia, Jama and Canoa. There were no problems at all. Everyone just watched the TV and waited for it to be over and got back to normal life the following day. That is pretty much how the coast handles what is happening in these situations in the big city. It is just an unwanted disruption here.  I hope that this explains it a little for your readers.  Regards,

An American living in Quito wrote: Hi Gary, I am an American Citizen 61 years of age, living in Ecuador and an avid reader of yours.  I came here 10 years ago to establish a business here, with plans to return to California in 3 to 4 weeks, but here I am still.  I re-married here 6 years ago and now have a beautiful 3 year old daughter.  I say all this to let you know that I am not new to the Ecuadorian scene and wish to stand up and be counted as an American in Support of “Correa”.

I have had exposure to previous governments of this beautiful country and this one is different.  The government of President Rafael Correa is truly making a difference, they have put people in the Ministries, etc. that are well educated and dedicated to what they are doing and trying to put things in order.  But you know the opposition does not like that.

We have to take what the media says with a grain of salt.  Especially since channel 4 is about to change hands, as a bank, they can´t own TV Stations under the law.  This morning in watching channel 4 and 8, I was disgusted by their description of the events of the past days.  Last night on channel 10 on the “la Television” show with Ellers, they showed and described clearly the events of Thursday.

My wife and I went to Plaza Grande on Thursday and the people were emotional but very peacefully voicing their support for their President.  People crying for fear that their President was in such dire danger.  It was part of that same group that went to the Police Hospital where the President and his staff were enclosed.  They marched peacefully only to encounter violence, rocks, bullets and police batons, by this rogue group.

Thank you for your ongoing efforts to describe this as a peaceful country, (the majority of the people are good and loving)  of opportunity and beauty.

An American living near Guayaquil wrote: I agree with you about the media drama.  Watching live footage last night we saw the “Violent Rescue of President Correa.”  The gunfire sounded pretty impressive until the reporter finally let on that they were firing dummy bullets.  This morning the headline was “Bloody Rescue of President Correa,” although there haven’t been any images of bloodshed to back that up.

It brings to mind hurricane coverage in Florida, when even in cases where the storm (luckily) never came ashore, they always managed to find a shot of a ficus tree that had tipped over on someone’s house to illustrate “the storm damage.”

There you have it.

correa

Correa does like to play it up for the crowds as this photo I took shows.  He immerses himself in the people.

None of us are worry much about this leading to dictators and rule by soldiers like…

ecuador-politics

this officer on Correas protection ujnit.

This is more what we think of when in Ecuador you say “police”.

ecuador-police

However, you should come take a look, see and feel for yourself.

Gary

Read the entire article What Really Happened in Ecuador

Learn Spanish in Three Days ONLINE

The “Learn Spanish in Three Day Course” is now available online.

Learn Spanish in a day, or a week, month or any time frame that works for you.

I’m Gary Scott.  Over fifty years ago I started a business that has helped hundreds of thousands of subscribers learn about investing in Hong Kong (1960s and 1970s), Switzerland, London, Isle of Man (1970s and 1980s) and across Europe.  In the 1990s we took investors to Panama, Mexico and Ecuador.  That’s when we realized an incredible need for an easy way to learn Spanish.

See below how my wife Merri was able to create a program that allowed students to be speaking and understanding Spanish in just three days.

Thousands of subscribers have learned Spanish at our three day Super Spanish course.  These courses have been taught across the US, in Canada, Panama, Mexico, Ecuador, Uruguay and Spain.

spanish

A Super Spanish course in Florida.

Read below to see how and why we are now offering our Super Spanish course ONLINE for the first time.

Speaking Spanish as a second language has huge benefits.

You can become one of the rare North Americans who can get along in Spanish speaking countries.  You can be one of the special people who can communicate with 10 million non-English speakers in the USA.  Spanish is the second most used language in the USA.  There are more Spanish speakers than speakers of Chinese, French, German, Italian, Hawaiian, and the Native American languages combined.  According to the Census Bureau, Spanish is the primary language of nearly 50 million people in the US.  This is the largest Spanish-speaking community outside of Mexico. Only half of these speakers also speak English “very well,” and 19% do not speak English at all.

You become one of a leading few when you speak Spanish.  Yet there are more benefits.

An article in England’s leading newspaper, the Telegraph, entitled “Why learn a foreign language? Benefits of bilingualism” (1) sum up the biggest benefit of learning a second language and increased intelligence.  The article says (bolds are mine): “Learning a foreign language is more than just a boost to your CV or handy for traveling. 

It will make you smarter, more decisive and even better at English. 

Physiological studies have found that speaking two or more languages is a great asset to the cognitive process.  The brains of bilingual people operate differently than single language speakers, and these differences offer several mental benefits.”

The article then explains studies that show seven cognitive advantages gained from learning a foreign language.

#1:  You become smarter
#2:  You build multitasking skills
#3:  You stave off Alzheimer’s and dementia
#4:  Your memory improves
#5:  You become more perceptive
#6:  Your decision-making skills improve
#7:  You improve your English

Does it sound impossible to learn Spanish in three days?  Yes, it is impossible when you try to learn Spanish in the old, traditional way.

You may choose to take more time using the ONLINE course to learn Spanish, but thousands of our readers have learned to speak Spanish in only three days at our Spanish courses.

There is a scientific method of learning… proven and described in numerous best selling books that create educational jumps by making education natural, easy and fun.   This course works because it is education without stress!

A special method of learning (called Super Learning) was created and refined by the Bulgarian educational master, Georgi Lozanov.   Lozanov transformed the entire Soviet educational system to such a degree that this third world country beat the USA into space.

My wife Merri was lucky to be one of a handful of students outside of Bulgaria who were allowed to be taught this system in the early 1970s.  She practiced this unique and remarkable form of education for  four decades. It was a delight!

Merri and I began integrating these techniques with other shamanic and educational tactics we had gained in our global travels and then applied them to teach Spanish in three days.

The course has been proven again and again by the thousands who have used this system.  You can read a few of the many raves we have received from students who have learned from the Super Thinking Spanish course we created.

Here are a few quotes from delegates of the course.

One delegate from St. Louis wrote:  Hi Gary,  Just ended forty-five years in dentistry last week, and I’m on to a new career.  What is my new career?  Still formulating, but the eye -opening,mind expanding Super-Spanish course last weekend in St. Louis surely shows me the opportunity exists to expand my horizons.

Besides having a lot of nice people to learn our new language; the methods Merri and you developed proved to be just what you said they would be.  We all and I in particular relaxed our way to new learning.  I feel so very comfortable with the basis of my new language skills that I know I will be spitting out great Spanish sentences by the time I reach Ecuador in October.  Last year I spent six weeks in Ecuador and now I plan on conversing with the people.

Today’s excerpt of your newsletter really hit home. You do what you say you will. There are no surprises or hidden sales tricks. The only tricks are beneficial to our learning.  Thank you for a wonderful experience that I was quite unable to grasp how you would pull it off.  You did, however, and I look forward to other courses that you offer, and I have absolutely no doubt they also will work beneficially.  Best regards, Denis Molloy.

Another wrote about the Super Spanish course:   Buenos Dias, here is a testimonial for Super Thinking-Super Spanish.  Please feel free to use all or part in promotions for the course.  In addition, you may give my email address to any prospect “on the fence” about enrolling.  Yesterday, in Cotacachi, Ecuador, I finished Super Spanish.  I had high expectations for the course and they were exceeded.

After three days, I can speak Spanish in complete sentences. In simple conversations, such as buying groceries or ordering a meal, I can make myself understood. I think that’s incredible!

Although I am far from the competence level of a native speaker, I feel I’ve taken a giant step forward in learning Spanish so that I can experience the people and culture of Ecuador.  The foregoing benefits would have more than justified the time and money I invested in Super Spanish.  And learning some Spanish was not the most important benefit I got from the course.

Prior to leaving the USA, I had felt for some time that the pace of life there was unhealthy for me (and for most people) and I did nothing about it.

I’ve thought about the pace issue during the course.  One of the key elements Merri Scott designed into Super Spanish is placing the student in the optimal state for learning.  In class, the past three days, I’ve been re-introduced to guided journeys and introduced to the calming effects of Baroque music (www.sundaybaroque.org).  What a blessing! I’m inclined to make one or both a daily part of my life.   Rob Christi.  Cotacachi, Ecuador

Another attendee from a course wrote:   “I took this incredible class a few weeks ago, and I would like to tell anyone that is interested, that it is an amazing three days of learning with lots of laughs included. You leave everyday wanting to learn more and are so excited to do so.

“Other Spanish classes and tutoring made us feel like it would take forever to get to the point where we could put it into practice, but this method gave us a more fluent use for everyday life almost immediately AND the confidence to use it.  It is a fantastic way to show people how much they know and give confidence to learn and use Spanish creating a momentum.

“They made learning Spanish easy and fun in a very relaxed, comfortable atmosphere.  I would definitely recommend this course.  Even if you know some Spanish, this helps make it easier because of the less stress that no verb conjugations gives you.  This gives you more confidence in yourself to try and speak it more.

 “The stress free atmosphere and tons of interaction and participation were very conducive to learning.  The relaxation techniques alone are worth the price.  The fact that I can now feel more comfortable conversing in Spanish with my new friends and neighbors is priceless.  Muchas, muchas gracias.”

“I loved the relaxed environment.  I picked up quite a lot of new vocabulary.  I found this course very informative about how the language works, how I can make sentences and understand others better!  Muchas Gracias!  I had a call from Telcel (the local phone company) after our second class and I was able to speak and understand them for the first time. Despacio (meaning slowly) … a great word!  Everyone should take this course before they pick up bad habits.”

“I liked how simply the course was organized and the positive attitude about learning.  Thank you so much for helping me to learn Spanish!”

“I liked the laid back yet professional approach.  I highly recommend this new, relaxing method of learning Spanish,  I feel a lot more confident in the delivery of my words and sentences. It was taught in an excellent and very professional way.

“It was a very enjoyable class.”

How The Course Works

The first tactic is to use Baroque music to create Relaxed Concentration in the learning process.  At least three best selling books, “Superlearning”, the “Mozart Effect” and “Superlearning 2000” have revealed insights about how to learn and think more powerfully based on systems drawn from the Bulgarian educational master, Dr. Georgi Lozanov.  

Merri was among just a few who learned directly from Lozanov.

gary scott super thinking session

Super Spanish relaxed concentration session.

You gain six valuable ONLINE Relaxed Concentration sessions in the online course that is delivered via the internet.

The second tactic uses 17 unique lessons to provide Spanish fluency in a short time.   Let me prove to you how this tactic works by teaching you hundreds of Spanish words in less than 30 seconds.

Here is the proof.

“Most words in English that end in ION are almost identical, just pronounced differently.  For example action is accion, education-educacion, manipulation- manipulacion, etc.”

There you have it.  How long did it take you to read the sentence?  You now know hundreds of Spanish words that you will never forget.

See examples of the words you already know below.

How long would have taken you to memorize all those words?  How soon would you have forgotten them?

This is just one of seventeen Spanish lessons in the course.

The next lesson teaches how to pronounce each of the nouns.

Then, the third lesson teaches almost as many verbs, almost as quickly.

The fourth lesson shows how to avoid conjugating verbs by sticking with the infinitive (far easier than it sounds).  This simple lesson leaves a person sounding like a Spanish professor without ever conjugating a verb.

Lesson five shows how to sound infinitely polite and yet get almost anything desired in Spanish.

Lesson six gives valuable connectors and the seventh lesson triples the Spanish capacity with three words for “yesterday,” “now” and “tomorrow”.

By the end of three days you feel comfortable speaking Spanish.

Plus the system is Impro-Dynamic.  This means your Spanish keeps getting better even though you do not seem to be studying… practicing… or speaking Spanish.

I was amazed by this as I traveled back and forth from the USA to Ecuador.  The longer I was away from Ecuador… the better my Spanish became.  My second language was automatically improving The self improving feature comes because you learn to create Spanish sentences rather than remember them.  The portion of the brain that creates is more powerful than the portion that recalls.  When your mind creates something… it owns it!  You do not have to remember .

During the course you learn 4005 Spanish words that you already know.   This eliminates the need to memorize 99% of Spanish words.

You then learn how to create Spanish sentences from these words.

Throughout the course you learn how to pronounce the sentences you create.

When the course ends… the mind keeps working… and creating… so next time you begin to speak Spanish you’ll be surprised .  You improve even though you have not actively worked on your lingual skill.

Due to the difficulty of getting groups together to learn this valuable technique, we created an online program for subscribers to use the Super Spanish course at home.   The normal three day course fee is $499 ($749 for a couple).

The ONLINE course is available at the highly reduced price of $79.

I’ll be in touch personally via email with each person who signs up for this course to see how it works or what is required to make it better.  Once this test is complete, we plan to offer the program on a larger scale and at a much higher price.

The ONLINE course has our, full satisfaction or money back, guarantee.  Try Super Spanish for 60 days.  If not fully satisfied, simply let us know for a full refund.

Learn Spanish online $79

Here are more testimonials from previous Super Spanish Courses.

Maggie wrote: It didn’t really seem possible that we would be speaking and understanding Spanish in only 3 days but the course made it happen in a very supportive learning environment.  I would highly recommend this course for anyone wishing to learn “practical Spanish”.  The teaching methods, use of relaxation, the use of native Spanish speakers for pronunciation and the teachers themselves who were approachable and helpful and always positive made this a very valuable class.

This course improved my self confidence in my ability to learn and retain a language.  It was presented with genuine enthusiasm, great energy and the style of learning is very effective. Gracias!  It was a great experience.

Nadine wrote: “Just spent the last 3 days in the most wonderful learning environment learning Spanish.  What an amazing learning experience!!  First day out of class and I could not stop thinking in Spanish WOW!!  I am amazed by how much I learned, retained and how much more is showing up now that I am out of class.  And the best part is THERE WAS NO STUDYING!! Indeed this is Super Thinking!!!  I would highly recommend this to anyone that has ever had a desire to learn another language or learn anything in record time.

And a few days after that ….  As I went through my day, just hanging out with my son, I could see myself starting to think in Spanish.  At first I thought it was amusing but as it continued and increased I thought “My goodness this is really remarkable amazing” It was really an effortless unfolding.  I wasn’t at any point “trying” to think in Spanish, just words I knew would fly across the screen in my mind.  And then this afternoon, my son cuddled up on the couch to watch some cartoons on his ipad and was watching Peppa Pig in Spanish…hmm coincidence?  I think not, I’m radiating Spanish so much that my son is being influenced!  Thanks a million again.  This weekend the best learning experience of my life!!

If you have ever had a desire to learn Spanish this is the way to do it!  By the end of the first day I had more confidence and more practical ability than I had from any previous courses I had taken.  It was fun and relaxed and full of laughter.  You will leave this class excited to use what you have learned.  Rather than leaving overwhelmed with how much you have yet to learn and master, you are equipped with the knowledge and know how to go out and communicate as well as the excitement to do it!”

Gary noted:  “The whole approach is positive and conducive to learning at a level that benefits ALL participants.  It is not intimidating and does not set up a pass/fail atmosphere.  The presenters are terrific and the results unbelievable.  It was relaxed, informal, friendly and effective.”

Twila said:  “This class provided a very refreshing and relaxed way of learning.  The atmosphere felt very safe to say the words you were practicing.  I learned a lot in a way that will make it easy to apply.  Starting with conversation is way more fun.  How quickly you can learn!  It was a great group, great instructors and great stories.

The atmosphere in the classroom was so relaxed that learning Spanish felt like a breeze and not like a painful task.  The relaxation exercises are really conducive to language learning.  We learned A LOT in a short time and it was fun and the environment was non-threatening.”

Brigitte sent this:  “Buenos Dias, Suzanne. su clase de espanol es excelente! Muchas Gracias!  
I have already done what you suggested and went into the program listening to the music and going over the lessons.  I know: Repetition……reinforcement…..thinking in the new language….it’s all part of it.  I loved your course and will certainly recommend it to friends.  Who knows….I might feel the urge and have the opportunity to repeat it at your beautiful place in Puerto Aventuras…..Quien sabe? Hasta otro dia y saludos a su familia.”

Marie wrote:  “I would highly recommend this course.  The amount covered in 3 days is amazing!  All with no stress.  The correlation lessons and pronunciation practice has greatly reduced my anxiety to go out and use my Spanish.  I really enjoyed the whole process and thank you for the take away tools.”

Learn Spanish online $79

Here is the English translation of a few of the many Spanish words you now know and will never forget.  How long would it have taken you to memorize them?  How soon would you forget?

“Most words in English that end in ION are almost identical, just pronounced differently.  For example, action is accion, education-educacion, manipulation- manipulacion, etc.”

Some more of these words:  Combination, Attrition, Education, Vacation, Petition, Lotion, Motion, Construction, Abduction, Pronunciation, Concentration and a ton of others!

Learn Young or Old

Most Super Spanish students are all ages ,

Gary-scott-spanish-course

Super Spanish students at this course ranged from nine to over eighty years old.

Become a Spanish translator!

The wife of one couple who attended explained how after just three days her husband ended up as an accidental translator.

She wrote:  Gary,  I have sent Merri a couple of messages, and  a story of Mike being able to translate yesterday for a Spanish person  who couldn’t understand what a man was trying to tell him!

Does it sound impossible to learn Spanish in three days?  Yes, it is impossible when you try to learn Spanish in the old, traditional way.

The video below shows a super fast way to gain the basics so you can communicate in Spanish in just three days.

Gary-scott-super-spanish

Click here for FREE Super Spanish video.

Still can’t believe you can learn Spanish in a short time?

You have nothing to lose but to try.

The ONLINE Super Spanish course has our, full satisfaction or money back, guarantee. 

Try Super Spanish for 60 days.  If not fully satisfied, simply let us know for a full refund.

Learn Spanish online $79

(1) www.telegraph.co.uk Benefits-of-bilingualism.html

International Investment Opportunity in Turmoil


There is international investment opportunity in turmoil.

Everything in Ecuador was back to normal by last Saturday.

Shall we score one for El Presidente… or…

ecuador-president

not?   Here is a photo I was able to take of President Correa.  He is a great politician so I (and plenty of others)… were able to get close.

Was last Friday’s flareup just Correa  (see below that many believe so) or something deeper and real?

At the end of my comments are

On July 13, 2010 I wrote in a message entitled Ecuador Political Tension “I predict that the remainder of the summer will be hot and tense for Correa.”

Was I ever proven correct when Ecuadorian turmoil went beyond hot and boiled over last Friday!

Though our note to readers about the Ecuador police strike was among the first sent to the west, my thinking was… “There is a silver lining”.

google-rank

Last Friday, our story on Ecuador’s unrest was ranked third at Google right behind Reuters and NPR.

I have been a risk taking investor for many years and have learned that once in awhile when things get hot, fingers get burned… but overall when events heat up, so to does opportunity.

There is profit to be made in turmoil and disaster.

How?

First, recognize the difference between turmoil and disaster.

The earthquake in Haiti was a disaster. Yet this will be an opportunity for some. Contractors who rebuild will profit. Employment will pick up.  New political systems will form.   All of this creates long term opportunity for a few.

Turmoil is far different. Turmoil is an event with little real impact that most investors treat as disaster. Such turmoil can create short term opportunity for the many who are willing to accept risk.

There are several areas of turmoil where I see opportunity now. Ecuador is one. See more below.

First…. Ecuador.  When Merri and I first arrived in Ecuador in 1996, I saw that the country had started to boom along with the rest of Latin America.

Then a war (more like a prolonged argument with a bit of battle) between Ecuador and Peru and various other problems (droughts… electricity shortages) devastated Ecuador’s economy.

I felt the country was fundamentally sound and would pull through its problems so bought shares in the cement company and two of the largest banks (Pacifico and Previsora), plus put money on deposit (in US dollars paying 10% in the most profitable bank in the country (Progresso).

I was right. The market did boom and in the next 18 months prices almost doubled. At this stage I sold (and recommended that readers do the same) half my shares and pulled the original capital out of the country.

This is one of a good risk management systems… Pull back capital once profits are doubled in high risk deals. From that point on, whatever happens I have only my profits at risk. The downside to this system is that it dramatically reduces profits on the really big winners. Less conservative risk takers will let their capital and profits roll. Others will even increase their positions (something I rarely do).

In the case of Ecuador my risk management really paid off. Everything that could go wrong, did.

First, the country made such a disastrous choice in electing their President.  Abdala Bucaram (called El Loco – The Crazy One)  lasted as president only from 10 August 1996 to 6 February 1997.

ecuador-president

The country had to impeach him.  The new temporary President was also bad.

Finally,  a really good man was voted in to run the country but were hit by a series of natural disasters. El Nino and La Nina flooded the country for two years, ruined roads, washed away bridges and destroyed crops. An earthquake rocked the coast and trade was hurt by the European banana (Ecuador’s biggest crop) war and the shrimp crop (Ecuador’s second biggest export) was infected with white spot. Banks started to collapse.

Then two of the country’s volcanos (which had not erupted in almost 600 years) started erupting and covered the capital of Quito with ash, shut the airport down and again created all types of havoc in general. The fourth largest city (Ambato) was evacuated and one of the largest spas (Banos) has been shut down.

My deposit (with Progresso) was frozen for a year, then the bank went bust and was taken over by the government. This led to a series of other bank collapses and now both the shares of Pacifico and Previsora plummeted to almost nothing. The government also defaulted on its Brady Bond obligations which squeezed the country even more. In short all the investments in banks went to zero.

The bank account was frozen over a year before we were paid back 60% of the deposit via a Ecuador government guarantee.

So a lot of the extra profits I made were given back. With my risk management system at least my capital was still at work and we  began buying Ecuador real estate in 2000 when there was the worst chaos and turmoil in Ecuador.

Property could be bought at 10 cents on the dollar and we continued to accumulate Ecuador real estate Then prices rose so high in Ecuador that I began taking profits as and buying real estate in Florida where there had been a horrible crash.

In Florida there was (and still is) turmoil and disaster.

Now with this acceleration of Ecuador political tension, I am looking for Ecuador real estate again as well.

ecuador-politics

Indigenous gathering for…

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Correa’s election campaign in…

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2009.

ecuador-politics .

Merri and I believe in adapting… turning lemons into lemonade.

Our experience suggests that these ongoing political machinations will have little impact on most gringos in Ecuador…

When Merri and I first visited Ecuador almost 15 years ago and watched the 1996 election when Abdala Bucaram used indigenous support to become president.  In less than six months,when he lost the support of the indigenous, he was removed from office.

Since that time we have watched a series of presidents, come and go.

In May 1997, Interim President Fabián Alarcón, came and went and a National Assembly wrote a new Constitution.  On the same day Ecuador’s new constitution began Jamil Mahuad assumed the presidency.

Mahuad, lasted only till January 2000 when the Ecuadorian National Congress, with the support of indigenous organizations, replaced him with Gustavo Noboa Bejarano, Mahuad’s vice-president. In 2002 Lúcio Gutiérrez, a former army Colonel who had a hand in kicking out Mahuad, with the support of indigenous organizations, was elected.

In April, 2005, Gutiérrez, due in part to his loss of support of indigenous organizations, was removed from the presidency.  Dr. Alfredo Palacios, who completed Gutiérrez’ term until Rafael Correa, with the support of indigenous organizations, was elected president.

None of this political upheaval affected our lives or those of any expats that I know of.

There have been a few days of inconvenience due to roads being closed… but we have easily adapted to this.  Overall Ecuador politics are non events for the gringos in Ecuador…  unless they let the process upset them.

Plus just like life in Canada and the USA or wherever you live… we adapt as events unfold.  There is plenty about US politics… big business…. government…. that I do not like.  Yet little I can do but adapt.

Spotting strong economic trends in investing… in business…. in life go well  beyond our logic.

This is why a major theme in our investing and business courses is, “There are always things we cannot know”.

This is why this quote is framed and sits on my desk… “Action is thy Duty… Reward not thy Concern”.

This is why we recommend  to make sure that  “the search to serve” is involved in every investment and business decision.

This is because the use of logic should only be a small part of our decision making process.

“Intentions”… at their deepest levels are as… or even more important…. than logic.

All our decisions… our businesses and investments are also impacted by the footprints of all those who have previously passed.

When we step out with a genuine intention to serve… combined with our intuition, experience and logic… the decision making process combined with the laws of nature maximize the chances for a positive outcome.

Tension in Ecuador politics may remain for now.  However Ecuador’s indigenous live by the code… AMA KILLA, AMA LLULLA, AMA SHUA, (Don’t steal, don’t lie, don’t be lazy). That is a great foundation for peaceful living.

I do not see how this Ecuador political tension will impact expats living in Ecuador… especially those who have learned to integrate and serve the community in some or in many ways.

There are several reason why this tension in Ecuador could be profitable.

Ecuador’s tension is low compared to elsewhere.  This photo of last week’s riot is not in Ecuador but is in…

spanish-riots

Spain. Photo from Guardian Madrid, Spain: Demonstrators try to prevent buses leaving the Madrid transport bus company car park (linked at bottom this message)

An excerpt from last week’s USA Today article by David Lynch says:  Protests over austerity moves swept Europe’s major capitals Wednesday, as the fallout from chronic debt concerns spread from trading desks to the streets.

The European crisis once centered upon Greece has landed in Ireland, where the government today is expected to announce a new infusion of aid for Anglo Irish Bank, the lender at the center of its costly credit bubble.

“We’re at potentially a crossroads,” said Marc Chandler, global head of currency strategy for Brown Bros. Harriman in New York, who worries that markets could next turn on Spain or even Belgium.
Moody’s is expected as soon as today to downgrade Spain’s Aaa credit rating by at least one notch.
Ireland last year won investor raves for enacting savage budgets, including double-digit cuts in government workers’ pensions. But the ever-increasing cost of repairing its ruined banks is swamping efforts to control public spending.

“Ireland is the only country in Europe that had a complete collapse of its housing market and a complete collapse of its banking system,” he said. “So it’s not surprising that they’re in deeper trouble than elsewhere.”

A Guardian article “European strikes and protests” says:  Strikes and demonstrations take place across Europe against austerity measures aimed at tackling state budget deficits.

“Europe Hit by Widespread Strikes” Voice of America News says:  Strikes took place across Europe Wednesday in protest against government austerity measures. Unions say over 20 million jobs have been lost across Europe since the economic downturn began.

Workers from across Europe took to the streets of Brussels on Wednesday in protest against European austerity measures.  Police say most of the protesters marched on the headquarters of the European Union.

Union leaders hoped up to 100,000 people from 30 different countries would join the protest.

Belgium wasn’t the only European country hit by protests Wednesday.

In Spain, unions, representing hundreds of thousands of workers, launched the country’s first general strike in eight years.

Some strikers reportedly scuffled with police and bags of garbage were left uncollected on the streets; protesters stopped trucks from delivering basic groceries and airlines were forced to cancel some flights.

Elsewhere in Europe, Greek transport workers and hospital doctors walked off the job.

General Secretary of the Greek General Confederation of Labor Vangelis Bouzoulas said the people of Europe are protesting against high prices and increased unemployment. He said they are asking for better times and more work.

Protests also took place Wednesday in a number of other European countries, including Poland, Portugal, Ireland, and Italy.

Strikes are only one part of the risk picture. Sunday’s New York Times News Alert says:

U.S. Issues Terrorism Alert for Travel to Europe.  The State Department issued an alert on Sunday urging Americans traveling to Europe to be vigilant about possible terrorist attacks.

The decision to caution travelers comes as counterterrorism officials in Europe and the United States are assessing intelligence about possible plots originating in Pakistan and North Africa aimed at Britain, France and Germany.

So what does one do?

There are ways to protect against and gain from turmoil. 

Gary

Unedited comments from readers in Ecuador

American Mother Raising a family in  in Cuenca

Thanks for this info…geez, you are better than the US Consulate Wardens…advising us of what’s going on…I guess they just wait for emergency situations to provide assistance in evacuations!  Appreciate your information, Gary!  Here in Cuenca, there seems to be an alert for commercial centers to be careful of theft, since there was no security and I also here that schools will be suspended, FYI.  Saludos from Cuenca!

Ecuadorian Attorney from Manta

I saw your reports about Ecuador. We are so lucky to have someone like you writing about Ecuador.
Regarding what happen with Correa besides any political analysis Ecuador once again has demonstrated that has this ability to come back to normal life in one day, by Friday everything was the same.

I have seen several emails from foreign people living all over Ecuador that has support the country and they have comment that more or less is been very quiet and pacific in their places.

Ecuadorian Businessman

Well I hope nothing happens to President Correa. He has been the only president in Ecuador who has done  something to stop la corrupcion y por eso esque estan en huelga la policia nacional del ecuador es la mas corrupta q puede haber.. pero que correa sepa q el pueblo esta con el “dale correa dale.. estamos contigo.

American Living in Cuenca

Hi Gary:

I am in Quito at the moment and most of the people gathered at the palace seem to be supporters of Correa and so far the military continues to support him as well. Unfortunately many people are taking advantage of the chaos and there is looting going on. Leanna tells me that the police in Cuenca are still working so it’s almost business as usual there.

The head of the bus and taxi syndicate is also being opportunistic by threatening to strike unless Correa raises fares.

Most of the main roads in Quito are blocked although buses are still running where they can get through.

Ecuadorian Businessman

More news.

The President had the brilliant idea of be defiant and “trash” the police, when the police actually is in charge of his security. So after he talked to them he had to leave and was hit and his personal safety was in danger. He managed to escape and now is at the same police hospital being treated (but he is fine). The police surrounds the hospital and he is not allowed to leave.

Now we are waiting for the law to be repealed and for everything to be normal. What makes things volatile is that the military is in charge now and the police has no power, which means that some friction could occur.

I personally feel that this is Correa’s fault, for two reasons:

1- He thinks he can run the country without caring of what the rest thinks. The Asamblea sends a law, he says in public he doesn’t care about it, veto the law, and the law passes enraging the population. Now no one cares to negotiate because they believe that in the end he will do whatever he wants regarding the agreement reached.
2- He goes and threatens the police and insults them and tells them that they must obey and he won’t negotiate with them. You may be really dumb to think that is the way to negotiate. Now the population is divided, the country makes headlines again for being a “mess” and our negotiation to renew the ATPDA with the american congress look not good.

Banks are closed, the airport is closed, streets are closed and the president was disrespected, this will cause that the other major laws that passed will face the same opposition and he may not have leverage to pass any other measure that he wants.

) to finance the deficit, that is illegal, so we have been suffering from a government that is on the wrong path. BUT we shouldn’t overthrown a government elected by the people, even when it is failing to comply to the very laws that it redacts.

WE ARE ONLY watching news from the GOVERNMENT, all channels are transmitting from the official TV station. We can’t watch our own information, SHAME on you.

Correa should be respected and he must be our president until his period ends, but THIS type of violence over our right to be informed by independent news organizations doesn’t help his cause.

LET’S hope that we end up learning something from this, let’s hope that the outcome is what we need from a democracy.

Developer in Vilcabamba

Hi Gary,

Always good to hear from you.

Here’s my take on what happened.

A number of mistakes were made that resulted in the chaos.

1. The police initiated a protest that was likely politically motivated and organized by former president Lucio Gutierrez and his supporters. This was the cause (not the new laws that affect police pay which could be negotiated).

2. Correa went into the streets (probably a mistake) to talk with the police demonstrators.

3. The police lobbed tear gas and injured the president (big mistake). At that point the protest transitioned from a typical Ecuadorian protest to one of far greater scale and intensity.

4. Correa ended up in a hospital which (unfortunately) was the police hospital.

5. The military charged the hospital to rescue Correa.

The upside is that the people rallied around the president and the concept of Democracy (versus mob rule). I think things are pretty much back to normal now albeit there are clean-up issues. This is in stark contrast to the situation in Honduras that went on for a long time.

Those responsible for this uprising will likely be brought to trial and punished severely. They deserve that.

This was a test for Ecuador. Presidents have been overthrown here with relative ease in the past. Not this time. It may be interpreted, ironically, as a sign of growing stability. That would be a good thing for the country and its future.

Coastal Hotel Owner

Gary, The general opinion is that this is very sad..but that the democracy may be strengthened due to the fact that the army stood behind the president..Let´s see what happens next..never a dull moment in a country like Ecuador..

Single woman living in Cotacachi

Hi everybody:  The attached news article was sent to me from my sister in Canada.  Yes, there is some violence going on especially in Quito and Guyaquil due to the President, in an effort to balance the budget, denied the police a raise and bonus.

Some friends and I went to Ibarra yesterday morning, unaware of anything going on, to Super Maxi to do our shopping for the weekend.  Our cab driver explained that there were no police working; hence, the banks were all closed.  We left Super Maxi with our groceries, and later learned that it was closed shortly thereafter.  Also we were stopped on the road by military police, but it was uneventful.  This morning, I heard loudspeakers about 6:00 am and apparently all the schools were closed for the day.  Myra, my cleaning girl, explained that her two daughters were not allowed to go to school today.

However, little Cotacachi is doing just fine; the bank was closed yesterday but I was able to do a withdrawal.  When I go to town today, I will carry just a little money, just in case, but really I feel perfectly safe.  I would not, however, attempt to go to Otavalo or Iberra as there are roadblocks.

How do you like a President who stands behind his word and says, Kill me if you want to!

Believe me, Cotacachi is a very, very safe town and nothing is happening here.

Today is a lovely, sunny day; no doubt, it will reach the high 70’s.  We are all just fine, not to worry.

Ecuadorian Tour Guide
Sir Gary,

My very personal comment about the events of yesterday. Began very early in the morning, were some more police troops, who were demonstrating their incomformidad to the approval of the law passed by the National Assembly, then more police were joining his incomformidad that they want to take away their privileges, which is not so, it is better they have obtained better wages.
I think it was insubordination of the troops and misinformation of the law, since they knew nothing about the act.

The chaos was increased when the President was to speak in St. peace with the cops, but they were very upset and started lagrimogenas pump problems, which affected the President came out and his companions.

The problem of all this led to national chaos, began the rampage, and had no control of anything, and that caused by the Police.

I wonder where was the gift of command of superiors? Since they may have comversations with the Minister of Interior Security, and then with the same President of the Republic, but did not, they wanted to make their own way and who achieved a emfrentamiento sibling of the same country. I expect this attitude of the National Police, and we as citizens, we are too wounded in our hearts to see how they acted the day yesterday, I hope the reflection both of the Politicians, Governments, Armed Forces and National Police, to this town always be at peace and to continue making the right decisions on welfare.

But do you really had a coup in Ecuador? I suppose not, that to speak of a coup should have been, at least, the clear attempt to overthrow President to replace him by someone. And in the case on all day yesterday that there was a deplorable and unjustifiable act of insubordination to the police who felt, rightly or wrongly, affected in their rights.

Politician Living in Imbabura

Dear Gary,

The problems are overcome now, I’m pretty sure about that rebellion or Strike whatever you want to named its only a strategy for our President to increase his popularity. Obviously this kind of news affects the good reputation of Ecuador. Please be patience and we will see better news very fast.

If you want or have an specific question about tha problem just let me know and I’ll find more information.

American Living in Salinas

Hi Gary,

I agree with you about the media drama.  Watching live footage last night we saw the “Violent Rescue of President Correa.”  The gunfire sounded pretty impressive until the reporter finally let on that they were firing dummy bullets.  This morning the headline was “Bloody Rescue of President Correa,” although there haven’t been any images of bloodshed to back that up.

It brings to mind hurricane coverage in Florida, when even in cases where the storm (luckily) never came ashore, they always managed to find a shot of a ficus tree that had tipped over on someone’s house to illustrate “the storm damage.”

American Stranded at Quito Airport

Hello to friends and family:

You’ve all read the news about Ecuador in the press.  I’d like to share our experiences here on the ground.

My wife and I were at the Quito airport on Thursday morning, awaiting our AA flight to Miami.  On the television near the gate the local news stations were broadcasting the demonstrations at the Quito Police Headquarters, where there was a strike in progress to protest the denial of salaries and other benefits.  Correa himself drove out to the Police HQ to confront the strikers and to convince them to peaceably go back to work.  (You have to admire his courage for doing that!)  Things quickly got out of hand; speechmaking turned into insults and shoving, then teargas.  Someone produced a gas mask for Correa and escorted him, limping badly due to recent knee operation, into the nearby Police Hospital.  Correa made his way to the nearest window and made his defiant speech, in front of the police force, a dozen television cameras, and the whole nation.

AA then told us that the airport had been completely closed down and that they had “no information” on the next flights out.  Maria Helena and I grabbed taxi back to the hotel where we promptly turned on the TV and stayed glued to it for the better part of the day.  Meantime the whole city shut down.  Stores and shops closed, banks closed, no traffic anywhere except at the Plaza Grande where the crowds were mobilizing to support Correa. It was a real good time and stay indoors and off the streets, especially for foreigners.  The army besieged the hospital and rescued Correa (2 dead, 44 wounded), all broadcast live by some very gutsy TV reporters.  Correa returned to the Presidential Palace where he gave a rousing speech to the faithful.  The whole show was over about 11 PM.

All of the local TV stations are effectively supporters of Correa (the opposition media was shut down a couple of years ago), so they all broadcast the exact same material.  The message was uniformly pro-Correa.  Not a word about the way he has manipulated Congress, the press, and the judges to suit his own agenda.  In the middle of the afternoon the main door of the TV studio was broken down by university students (all broadcast live; the police could hardly start bashing heads).  One young woman grabbed the microphone and spoke for maybe five minutes.  She introduced herself as a law student, and spoke very articulately about the lack of freedom of press and freedom of political dialogue in the country.  Then the network switched over to a live feed from Guayaquil and that was then end of the “dialogue”.  For the rest of the day we heard not one word from the opposition.

The rank and file police had a legitimate complaint about benefits, but this activity was clearly orchestrated by highers-up with a broader agenda and who stayed out of the public view.  About the same time that the strike began (~9 AM), the major bridge in and out of Guayaquil was shut down by the police, all airports were shut down by the air force, the main road to the North was blocked, and the border crossings to Peru and Colombia were closed.  That took a lot of planning and a lot of coordination.  Correa publically blames his predecessor, Lucio Guttierez, for an attempted coup.  Guttierez has said not a word.  A lot of people on the center/right despise Correa and his manipulation of public institutions.  A lot of people on the left, including most workers and farmers, like him for his legitimate attempts to alleviate poverty.

My opinion:  Like him or not, Correa was duly elected via the democratic process, and he should be allowed to finish his constitutional term of office.  Voters still have the vote, and they can throw him out in 2013.  To throw him out now would set this beautiful country back many years in terms of its social and political development.

Cheers to all,

 

Ecuador Businessman in Quito

Police strike, although a serious error by this institution’s troops – highly reproachable -, could probably and should have been resolved through other channels, such as through the country’s Minister of the Interior, who is in charge of the country’s internal security, and the higher police authorities.

It was a mistake for President Correa to try to micromanage the police situation by confronting and taunting the striking police in person.  This caused the troops’ reactions and the unfortunate events that followed and that resulted ultimately in the death of police and military officers.

As you mention, drama sells and as a populist, Correa likes to sell his image.  This was not a coup attempt: the police never demanded Correa’s resignation or his ousting; no opposition politician tried to take advantage of the situation by seizing power.  It was a situation that escalated out of control, and that resulted in the President being held up in a Police Hospital, surrounded by Police troops demanding the reinstatement of the pay benefits that were taken away the night before by the passing of a new public service law.  None of this would have taken place if Correa had stayed at his Presidential Palace and managed the situation through the proper channels.

Regards,

American Living Near Guayaquil

Gary, one other note.  As of this morning they are reporting that unfortunately 13 people have died.  More than half of those as a result of looting in Guayaquil.  It appears that the looting in Guayaquil was in neighborhoods where I don’t feel safe even on a day without political unrest.

Retired American Living in Quito

Living in Quito, Carolina,  life returned to normal the very next morning.  City and National Police were at their posts as usual.  I did see a truck with soldiers on the back drive by, once.  Being an ex-military man, I could tell that they were bored.  For me, it is back to enjoying a wonderful life in Ecuador.

Indigenous shop owner in Cotacachi

Regards Sr. Gary

Believe yesterday was not any drama, provably what you where hearing in the news was not the half that was happend here in the country specially in Quito, in the end there was a big confromtation betewn a police group and the military group with firearms, oficially three persons died in that confrontation

Nobody expects this in their worst dreams was going to happen, Thursday was another normal day and just in a couple of hours was a chaos in all the coutry. I not sure if this like coutry show us good in the way than in few hours it was counteracted a seun coup or show us as very insecure country that in couple hour of nothing all the country was with out any policial secure, Every body say that behind this was the ex president Gutierrez.

The only one who get more admiration and power is Correa.

American Architect Living in Cotacachi

As for the ‘troubles’ yesterday’: I started out the morning went to the bank then took the bus to Ibarra for the echo gram and the Doctors appointment. All was normal. After having the echo gram I went to the Supermaxi mall to wait for the Doctor’s appointment at 4:00 p.m. All seemed pretty normal accepting the stores were closed. I thought it was just the afternoon siesta time. I went to the food court and it seemed odd that most of the vendors were closed except a couple. I had lunch and went down to the lower level cafe to have a Cappuccino. Then I asked the waiter when the stores would open. A man who overheard who spoke English told me that the police were on strike and there was a state of emergency and it would probably be over in a few hours. I sat in the cafe and watched the TV screen there as the head of the Military came on and assured that the country was safe.

All seemed relatively unconcerned.

After my appointment I took a taxi into Ibarra to meet a friend. Most all the shops were closed. Everything was peaceful. My friend and I went to the old traditional heladan  (homemade ice cream) shop (Maria Suarez?) which was open. Again everyone seemed unconcerned.

I was assured that taking a bus was safe, but, the bus terminal was closed, however, the buses were still running. My taxi driver took me to a stop were he said a Cotacachi bus would be arriving. I waited for about 10 minutes for the bus. Everyone was going about their business as normal it seemed. While waiting there I saw a military person with what looked like a police officer in riot gear. It seemed they were on patrol.

Pretty uneventful there anyway it seemed.

Don’t know what’s happening today or exactly the severity of the situation, but, understand a police strike is unprecedented in recent history and the violence.

That’s it from this area. Sure you/Gary are monitoring things closely.

Ecuador Businessman in Quito

Today is a sad day… we saw again how vulnerable our democracy is, how irresponsible our leaders are, how polarized our country feels.

No so many years ago Lucio Gutierrez conspired to be president, few years later he was overthrown by other conspirators and today when we thought peace was finally here, he is been accused of trying to conspire again.

Other leaders are coming out to say “I told you so” screaming that democracy is a precious thing. SHAME on you as stupidity will allow you to distort reality, as people on the streets will believe your lies.

We don’t want more violence, more presidents, more chaos. But we don’t want more lies, more brain washing, more ignorance.

Correa may get away claiming that this was all planned to take him out of power, but that big lie will only cope with the shrinking majority that – blinded by idiocy – could believe whatever he says.
Albeit of the tragic outcome of yesterday’s successes, we now wake up with the feeling of betrayal, a sense that Correa sullied our country with a big sad party that lasted for many hours, while shotguns were shoot just minutes earlier.

We demur at the suggestion that this was an act put together by infected politicians. We all saw how this started, we saw how Correa – defiant of common sense – run like a coward looking for safety, he said before and later that he doesn’t mine dying for a great cause, but we didn’t see that, he run and hide… later protected by elite police at the hospital. How stupid you think we are?
Correa vetoes a law stating the he doesn’t care what the opposition says, sends the law with major changes back to Congress and hopes that it passes without a vote. He has done this on several occasions enraging the country, creating the sense that this is no democracy.

Now he has done it again, as we shudder with repulsion last night, we can’t help to think that we ought to fight too. Things were obviously out of control, but who in its right mind will go to provoke angry policeman?

After he blatantly went to provoke confrontation – when he should have reached for an agreement – an effete Correa tried to jump to the hospital, which is behind the police headquarters, and then after he collapsed and was taken to the emergency room, where he later claimed was taken hostage, the whole country was already in deep distress.
If an obdurate Correa did not go to the police headquarters to attack protesters, would this be considered an attempt to overthrown him?

Correa thought that his character might be a deterrent to the policeman protesting the law. He treated them like idiots, insulted them and left, so the country was besmirched by the violence last night. The president with a surprising lack of security was insulted and hit by this monstrous policeman that – altered by rage – infamously depicted our President.
But this is what happens when duress is thought to be the way to lead. I cling to democracy, respect the elected president and hope that Ecuador keeps being a peaceful place.  But if I respect the law, shouldn’t the president do the same?

This is where things get blur. While the president swoon after he was cowardly attacked by the police, the riot outside was getting bigger and completely out of hand. What we now know was a pratfall by both sides of the equation, is being distorted to look as if it was a well-planned conspiracy against our democratic government.

That is why I feel sad today, the cri de coeur that was once heard at the opposition now must be louder and stronger. I feel that we lost everything yesterday, not only the life of our president was in real danger, but our democracy was destroyed. I do not mean by him taken hostage only, but by the government taking us hostage as well. For many hours the only news that we saw where from the government, meaning that its version of the events where the only ones being shot at our brains.
Correa and his crass political allies kidnapped our liberty, they were victims of their own hatred and despair, now we all pay the price for their mistakes.

Democracy is no cinch; it must be earned at all levels, built and nurtured, but it is not panacea we must accomplish success by other means as well.
What happened yesterday was tragic…pensive…sad. We woke up hurt by the insurgency of our police, the unnecessary rick that our president took and the military intervention to recue him that end up injuring several people and resulted in the dead of two.

We lost something that we may never get back. We must stand behind a president that threatens our very existence by being a semi-dictator, we must defend our democracy by standing down, we must obey our laws that are illegally enacted, we must wait for a right cause to unite us all. It is funny how the international community is quick to defend the so call democratic governments, but quite and slow when the common citizen loses the liberty that those same democratic governments ought to defend.

SHAME on everybody who let what happened yesterday to be forgotten and distorted. Correa is right, the opposition must win in the polls, but as we learned from the outcome of the elections in Venezuela, winning in the polls may not be enough…

There you have it what people on the ground had to say about last week’s Ecuador turmoil.

Gary

Join us this Thursday and see more on Ecuador and global opportunity.

USA Today:“Financial crisis sinks claws deeper into European nations – Irish bank may get more aid; Spain credit rating may sink

Voice of America: Read more on current widespread European strikes here.

Guardian: Strikes and demonstrations take place across Europe against austerity measures aimed at tackling state budget deficits

New York Times: October 3 2010 Terrorism Alert

Power of Image & Spin


There has been some confusion about Ecuador’s president Dale Correa. See below how this confusion can help us learn how to make, keep and enjoy wealth wherever we live.

A recent article looked at some of Dale Correa’s problems and Ecuador’s political tension.

world-view
Here is a photo I took of Correa in Cotacachi.  He stayed at our hotel Inn Land of the Sun (Formerly Meson de las flores).  Imagine if I… an ordinary citizen  tried to get could get this close to photo the president of the USA!
In reply to the political tension article a reader replied to this note:

Hi Gary,  I don’t know how that typo came into being (Ralph or Raul would have been more understandable!) but somehow El Presidente has been renamed Dale! This typo is in two places. See below in the summary of the Political Tension article (I changed it to red so you can find it easily), as well as on page three of your article. Best wishes,  Jennifer

My reply to the reader below helps clarify Correa’s name.

Please excuse my lack of clarity.  Rafael Vicente Correa Delgado is President of Ecuador and often referred to in Ecuador as called Dale Correa.

The words Dale Correa represents the idea to “give them the leather belt.”   Correa used this concept and play on words when running for President sayings that he was going to give the old order the belt and drive them out.

Here is what the Spanish translation literally says:

Spanish translation

Spanish translation

Hence the emergence of a Dale joke in Ecuador.  These might be similar to Bama jokes about the President of the USA.

I should have been aware that those who are not involved in daily Ecuador life and who do not know Spanish would know these facts and could be confused and worried. I hope you did not let this minutiae cause you to miss the theme of the message.  Regards.

A recent message New Sucre in Ecuador shared an important political fact… Correa… like President Obama came to office with a strong  mandate because he promised to bring great change to the system… “Dale Correa.” Now many Ecuadorians have lost their confidence or hope (like in America) as the politics seem to remain the same.

An excerpt in the Wall Street Journal entitled: “Ecuador Government Fails To Pass Monetary Law, For Now” by Mercedes Alvaro shows how Correa has not be so good at throwing out the old order and unifying a new order.  This article says:  Ecuadorean President Rafael Correa’s party failed to garner enough votes in Congress to pass a controversial monetary reform bill that would give the central bank the use of deposits to fund investment projects, but it hasn’t given up on the plan.

Correa’s party, Alianza Pais, secured only 59 votes Tuesday, four short of the 63 needed to pass laws in the 124-seat legislature. The failure is Correa’s second recent congressional defeat, after the party was unable to get enough votes in May for a bill to overhaul water usage. He is also struggling to find sufficient backing for communications and education bills.

The president of the legislature, Fernando Cordero, a member of the government party, plans to present the monetary policy reform bill again next week for another vote, since the opposition also lacked sufficient votes to bury it. Some analysts fear the bill, if passed, could compromise the country’s financial stability.  The proposed law suggests the central bank could invest directly in state-owned banks, and would also be allowed to provide liquidity to institutions “with some questionable lending policies and high non-performing loan ratios,” Crespo said. The reforms would also allow the central bank to invest directly in debt issued by local companies, debt that wouldn’t have to be listed on a stock exchange.

Correa’s administration has been rattled by the recent protests against several of its proposed laws, including proposals on hydrocarbons reform, communications, and university education. On Wednesday, Cordero suspended a session to vote on the universities bill amid protests by opposition lawmakers.

Perhaps we are returning to the old system Merri and I were familiar with for the first decade plus we were in Ecuador… where the people rejected presidents quite often.

There are important messages about making, keeping and enjoying wealth we can learn from observing the Ecuadorian political system.

The first is that the nature of politics… especially in big countries… is framed by sound and image bytes.  What we know is slanted by spin.  Most of our politics… are affected by hidden agendas.  In Correa”s case he used the play on his name to suggest that he was going to toss all the old boys out and change the system.  Promises are normally made (to get into office) that cannot be kept.

Then the new administration uses secrets and spins to hide the real facts.

A Time magazine article “Defending the Leaks: Q&A with WikiLeaks’ Julian Assange” by Eban Harrel shows that technology may help solve this problem. It  says:

Q: There’s a collection of newspapers with your picture on the front page. Who is Julian Assange?

I am a journalist and publisher and inventor. In the case of WikiLeaks, I have tried to create a system which solves the problem of censorship of the press and censorship of whistle-blowers across the whole world. As a public spokesman for the organization, I take all the heat and get all the credit. (See the top 10 leaks.)

Do you believe in total transparency? Should governments and individuals be allowed to hold secrets, or should we put everything out there?

Of course there are legitimate secrets. But we must make the default assumption that each individual has the right to communicate knowledge to other individuals. We call up our grandmother, and the government doesn’t listen in. Your mail can be sent, and the government doesn’t open it up. That is our default assumption. There is a community assumption that we can talk to one another freely and that it is right to exchange knowledge about what is happening in the world. Those assumptions are embodied in good jurisprudence.

What we see coming out of the U.S. First Amendment is that Congress shall make no law in relating to restriction of freedom of speech or press. It doesn’t say Congress should make a law to protect the press. It takes the function of political debate and exchange of ideas outside the legislature. There’s a very good reason for that. It was the Federalist papers and the swapping of information that led to the U.S. Constitution and in an ongoing sense to the social structure that creates laws and legislation. It is the communication of information that regulates politics and the legislature, the judiciary and the behavior of the police. It’s quite important to have the default assumption that the free exchange of information should not be regulated except in specific and clear circumstances.

This evolution towards access to the truth away from spin is likely to take time but can offer ways to make money from it.

The reason we are shifting towards transparency is the shift from broadcast to broadband so investments in broad band technology  make sense.

This is a huge filed way beyond description here, but a place to watch… to see the types of technology that is coing online is the “One Economy Corporation” a Washington, D.C. based, global, nonprofit organization that leverages the power of technology to connect underserved, low-income communities around the world to vital online information and resources.

In the long run… the big advances in global communications will be the cuddly interface…  ways to make computer power and communication easier to use.

One economy focuses in this way… founded in 2000 with a mission to ensure that everyone, regardless of income or location, can maximize the power of technology to improve the quality of his or her life and enter the economic mainstream.

One Economy brings broadband into the homes of low-income people, employs youth to train community members to use technology effectively, and provides public-purpose media properties that offer information on education, jobs, health care, and other vital issues.

These initiatives target three barriers to sustained Internet use: affordability, accessibility, and lack of relevant content.

In April 2010, One Economy, in partnership with the Broadband Opportunity Coalition (BBOC), was awarded $28.5 million through the Broadband Technology Opportunities Program, run by the U.S. Department of Commerce’s National Telecommunications and Information Administration. One Economy and the BBOC are supplementing this grant with $23 million of private sector matching support so this organization has some  money to spend that might lead to new broad innovations uses of the internet.

Those who spot and invest in these innovations may well see extra profit as the world moves from image and spin to authenticity.

Gary

How We Can Serve You

How to Have Real Safety

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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.

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

This is why the core Pi model portfolio (that forms the bulk of my own equity portfolio) consists of 19 shares and this position has not changed in over two years.  During these two years we have been steadily accumulating the same 19 shares and have not traded once.

The portfolio has done well in 2017, up 22.6%, better than the DJI Index.

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However one or even two year’s performance is not enough data to create a safe strategy.

The good value portfolio above is based entirely on good value financial information and mathematically based safety programs developed around models that date back 91 and 24 years.

The Pifolio is a theoretical portfolio of MSCI Country Benchmark Index ETFs that cover all the good value markets developed combining my 50 years of investing experience with study of the mathematical market value analysis of Keppler Asset Management and the mathematical trend analysis of Tradestops.com.

In my opinion, Keppler is one of the best market statisticians in the world.  Numerous very large fund managers, such as State Street Global Advisers, use his analysis to manage over $2.5 billion of funds.

The Pifolio analysis begins with Keppler who continually researches international major 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.  He compares each major stock market’s history.

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Michael Kepler CEO Keppler Asset Management.

Michael is a brilliant mathematician.  We have tracked his analysis for over 20 years.   He continually researches international major 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.  He compares each stock market’s history.  From this, he develops his Good Value Stock Market Strategy and rates each market as a Buy, Neutral or Sell market.  His 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 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 stock in that country is an attractive investment, so you do not have to spend 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 use.

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

The Pifolio consists of iShares ETFs that invested 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.

Pi uses math to reveal the best value markets then protects its positions using more math created by Richard Smith founder and CEO of Tradestops.com to track each share’s trend.

We use Smith’s  algorithms that calculate momentum of the good value markets.

dr richard smith

The Stock State Indicators at Tradestops.com act as a full life-cycle measure that indicates the health of each stock. They are designed to tell you at a glance exactly where any stock stands relative to Dr. Smith’s proprietary algorithms.

Kepppler’s analysis shows the value of markets.  The SSI signal indicates the current trend of each stock (performing well, or in a period of correction, or stopped out).

The SSI tells you one of five things:

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Akey component of the Stock State Indicator (SSI) system is momentum based on the latest 521 days of trading.  A stock changes from red to green in the SSI system only after it has already gone up a healthy amount and has started a solid uptrend.

How SSI Alerts Are Triggered

If the position has already moved more than its Volatility Quotient below a recent high, the SSI Stop Loss will trigger.  This is an indicator that the position has corrected more than what is normal for this stock.  It means to take caution.

Below is an example of how SSIs work.  This example shows the Developed Market Pifolio that we track at Tradestops.com.

tradestops

Equal Weight Good Value Developed Market Pifolio.

At the time this example was copied, all the ETFs in the Developed Market Pifolio (above) currently had a green SSI.

We do not know when the US market will fall.  We only do know that it will.  We also do not know if, when the US market corrects, global markets will follow or rise instead.

The fact that the Pifilios are invested in good value markets reduces long term risk.

Additional protection is added by using trailing stops based on the 521 day momentum of each stock in the Pifolio.

Take for example the graph below from our Tradestops account that shows the iShares MSCI United Kingdom ETF.  This ETF had a green SSI and a Volatility Index (VQ) of 13.26%.  This means the share can move 13.26% before there is a trend shift.

tradestops

iShares MSCI United Kingdom ETF (Symbol EWU)

Pi purchased the share at$31.26 and in this example the share was $34.43 and rising.  Tradestop’s algorithms suggested that if the price drops to $31.69 its momentum would have stopped and it would have shifted into trading sideways.   The stop loss price is currently $29.86.  If EWU continues to rise, both the yellow warning and the stop loss price will rise as well.

When the US stock market bull ends, know one knows for sure how long or how severe the correction will be.

When the bear arrives, what will happen to global and especially good value markets?

No  one knows the answer to this question.

What we do know is that the equally weighted, good value market Pifolios have the greatest potential long term and that math based trailing stops can be used to protect against a secular global stock market correction when it comes.

My fifty years of global investing experience helps take advantage of numerous long term cycles that are part of the universal math that affects all investments.

What you get 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 Platinum Dip 2018” 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 Dip Strategy with platinum.   The “Platinum Dip 2018” 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 “Platinum Dip 2018” 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.

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

In 2018 I celebrate my 52nd anniversary in the investing business and 50th year 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.

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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.

keppler asset management chart

This chart based on 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%.

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.

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 2017” 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 “Platinum 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.

Gary

Read the article Defending the Leaks: Q&A with WikiLeaks’ Julian Assange

Link to more data on  One Economy Corporation is a Washington, D.C.