7 Jan 2014
If you’re like me and millions of others, you’re fed up with the status quo and how it’s destroyed the ability of ordinary people to live independently and thrive on their own.
In today’s environment of too-big-to-jail banks and the corrupt politicians that enable them, there’s more and more evidence every day that you have to be in their Insider Club to prosper.
From broken Social Security and disappearing pensions to manipulated commodity prices and constant devaluing of your dollars by the Federal Reserve…
A war has been waged on your ability to get ahead by those who walk the halls of Wall Street and Congress.
They are the Establishment.
And it gets worse…
Not only have they handcuffed your ability to financially flourish, they’re also waging war on your liberty and independence.
Warrantless wiretapping, drones, militarized police. I’ve seen senior citizens arrested for speaking at Town Hall meetings. I’ve seen families fined for growing gardens on their own property.
They have two goals:
- To control the world’s money supply, and
- To control you in the process.
This isn’t Left versus Right or Conservative versus Liberal. It’s Establishment vs. Anti-Establishment.
It’s Us vs. Them.
I’m sure you’ve noticed these things going on around you.
If so, you’re part of the Anti-Establishment.
You’re a part of a growing movement of like-minded people who see the writing on the wall. You don’t like it, and you don’t want to be a part of it.
You’re an Outsider.
If you fear for the disappearance of liberty… you’re an Outsider. If you can’t get off the rat wheel, despite doing everything you’ve been told to do… you’re an Outsider. If you can’t understand why America jails more people than any other country, but fails to prosecute politicians and bankers for their crimes… you’re an Outsider.
If you’re one of:
- the 50% of Americans who can’t afford to save for retirement, or
- the 58% of private workers with no pension coverage, or
- the 60% of workers with savings and investments worth less than $25,000, or
- the 77% who believe we should cut defense spending, or
- the majority of Americans with “little or no confidence” in U.S. banks, or
- the 86% who disprove of the current Congress, or
- the 75% of Americans who want Congressional term limits, or
- the 52% who believe government should not favor any particular set of values, or
- the 50% of Americans who think today’s youth will be worse off than their parents…
You’re an Outsider.
I am, too.
That’s why I founded the Outsider Club.
Our financial success and the continued existence of our personal freedoms depend on the coming together of like-minded people and the awakening of the herd. A movement — an awakening — is upon us.
Outsider Club is the place for that. A forum to call out the Establishment and the things they’re doing, and to learn how to get ahead on your own.
It will show you how to exist independent of the system, to plan your own finances and manage your own investments. It will give you the tools you need to create a real-world financial skill set.
Outsider Club will present information about how to thrive as an Outsider:
- Knowing your rights
- Minimizing taxes, debt, and expenses
- Managing your own finances
- Being more self-reliant
- Accomplishing what you want to accomplish
The awakening is just getting started.
Again, welcome to the Outsider Club.
Your free report is below. It details the first of many great wealth-building and liberty-protecting ideas.
You’ll start receiving regular updates over the next few days. I guarantee you’ll find something of great value in each and every issue.
And it’s all free.
In the meantime, check out our website to get familiar with the experts and their insights into global markets and how the world really works.
Make sure you whitelist us in your email address book so you don’t miss an issue.
And shoot us an email at email@example.com if you have any questions, feedback, or would just like to introduce yourself.
Thanks for joining Outsider Club. Because you’ll never be on the Inside…
Call it like you see it,
Nick Hodge Founder & President, Outsider Club
In this Update we include the latest Updates on the Economy and how it is continuing its slide into oblivion…
These days, it feels like most mainstream investors are sugarcoating this so-called economic recovery.
Yes, the DOW was off to quite a start this year… but we’ve seen this too many times to take such bullishness at face value.
So while the mainstream financial press is all sunshine and rainbows, there is a core group of gloom-and-doom economists, financial gurus, and soothsayers that have scoffed at such feel-good banter.
And if you’ve been bold enough to venture down the rabbit hole with them, you’ve probably done pretty well for yourself. If you haven’t, it’s never too late to join in “the Prophets (and profits!) of Doom.”
That said, let’s take a look at today’s most prominent gloom-and-doomers — and what they can tell us about the future of wealth in America.
“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.”
He famously broke a Guinness World Record by driving his motorcycle across the globe to check out far-flung economies like China, Uruguay, and Mongolia.
These travels have made Rogers very bullish on the long-term economic prospects of China and Asia.
As central banks around the world try to print their way out of the holes they’ve dug, the value of their currencies will be damaged by inflation. That should boost the prices of real assets — and Rogers is “generally short global equities and owns real assets and producing agricultural land.”
“I’m now selling long-term U.S. government bonds short. That’s the last bubble I can find in the U.S.,” he told CNN.
“I cannot imagine why anybody would give money to the U.S. government for 30 years for less than a 4% yield. I certainly wouldn’t. There are going to be gigantic amounts of bonds coming to the market, and inflation will be coming back.”
Rules to Invest By (from Capital Ideas)
1. Do your own work. Don’t be afraid of being a loner.
“I learned early in my career that if you read the annual reports, you’ve done more than 90% of the people on Wall Street. If you read the notes to the annual report, you’ve done more than 95% of the people on Wall Street, and if you actually sit down and do a spread sheet, you’ve done more than 98% of the people on Wall Street.”
2. Good investors need a historical perspective.
3. Think conceptually about the world.
4. Don’t buy stocks at high multiples.
“I don’t buy them because, by the time they reach a high multiple, it’s probably about time for it to come to an end. Wall Street and politicians are the last to catch on to anything.”
5. Be selective in your investing and look for one good idea.
“The most important trick for getting rich on Wall Street is not to lose money. There are many guys who do well for two years and then get creamed. Wait until you have a winner and are sure. In the meantime, keep your money in treasury bills. Professional money managers feel that they have to do something all the time and are the worst at following this advice.”
“Even if you only have one play every ten years, you’re going to do a lot better than most people.”
6. Every investment should be considered a commodity that will be affected by supply and demand changes; it’s just a question of when.
“Everything has its own supply and demand cycle, which may be a twenty-, thirty-, or fifty-year cycle, and everything is basically a commodity in the end.”
7. Every investor should lose some money, because it teaches you about yourself.
“What I object to the current government intervention in so-called ‘solving the crisis,’ they haven’t solved anything. They’ve just postponed it.”
The original “Dr. Doom,” Faber has been at the forefront of the Austrian economic school.
Faber’s Doom, Gloom and Boom report has been the bible for millions of contrarian investors worldwide. As the London Times wrote: “One does not go to see Marc Faber, Hong Kong’s iconoclastic share pundit, in the expectation of good news. But after listening to him, no investor could claim he had not been warned. For Faber says the things nobody wants to hear…” Nobody but his clients, that is.
In 1987 he warned his clients to cash out before Black Monday in Wall Street and went on to make them handsome profits by calling the burst in the Japanese bubble in 1990. He also predicted the collapse of U.S. gaming stocks in 1993 and the Asia-Pacific financial crisis of 1997.
Rules to Invest By (from Gloom, Boom and Doom)
1. There is no investment rule that always works.
“If there was one single rule that always worked, everybody would in time follow it, and therefore, everybody would be rich. But the only constant in history is the shape of the wealth pyramid, with few rich people at the top and many poor at the bottom. Thus, even the best rules do change from time to time.”
2. Stocks always go up in the long term?
“This is a myth. Far more companies have failed than succeeded. Far more countries’ stock markets went to zero than markets, which have survived… just think of Russia in 1918, all the Eastern European stock markets after 1945, Shanghai after 1949, and Egypt in 1954.”
3. Real estate always goes up in the long term?
“While it is true that real estate has a tendency to appreciate in the long run, partly because of population growth, there is a problem with ownership and property rights. Real estate in London was a good investment over the last 1,000 years, but not for America’s Red Indians, Mexico’s Aztecs, Peru’s Incas, and people living in countries that became communists in the 20th century. All these people lost their real estate and usually their lives along with it.”
4. Buy low and sell high.
“The problem with this rule is that we never know exactly what is low and what is high. Frequently what is low will go even lower, and what is high will continue to rise.”
5. Buy a basket of high-quality stocks — and hold.
“Another highly-dangerous rule! Today’s leaders may not be tomorrow’s leaders. Don’t forget that Xerox, Polaroid, Memorex, Digital Equipment, Burroughs, and Control Data were the leaders in 1973… Where are they today? Either out of business — or their stocks are far lower than they were in 1973!”
6. Buy when there is blood in the street.
“It is true that very often, bad news provide an interesting entry point — at least as a trading opportunity — into a market. However, a better long-term strategy may be to buy on bad news that has been preceded by a long string of bad news. When then the market no longer declines, there is a chance that the very worst has been fully discounted.”
7. Don’t trust anyone.
“Everybody is out to sell you something. Corporate executives either lie knowingly — or because they don’t know the true state of their business and the entire investment community makes money on you buying or selling something.”
8. The best investments are frequently the ones you did not make.
“To make a really good investment (which will in time appreciate by 100 times or more) is like finding a needle in a haystack. Most ‘hot tips’ and ‘must-buy’ or ‘great opportunities’ turn out to be disasters… Thus, only make investment decisions you have carefully analyzed and thought about in terms of risk and potential reward.”
9. Invest where you have an edge.
“If you live in a small town you may know the local real estate market, but little about Cisco, Yahoo and Oracle. Stick with your investments in assets about which you may have a knowledge edge.”
10. Invest in yourself.
“Today’s society is obsessed with money. But the best investments for you may be in your own education, in the quality of the time you spend with the ones you love, on your own job, and on books, which will open new ideas to you and let you see things from many different perspectives.”
“Prices are going up. Unemployment will continue to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.”
The Libertarian-minded congressman from Texas has never been shy about his distrust of American monetary system or his fondness for gold, as indicated by the titles of his best-selling books: End the Fed and The Case for Gold.
While some have written Paul off as paranoid, he has predicted almost every geopolitical event of the last ten years. From the Arab Spring to the financial crisis… from exploding deficits to the expansion of the Fed… from record gold prices to the current Iranian oil skirmish… Paul warned about all of them in a single speech from 2002.
“I have no timetable for these predictions, but just in case keep them around and look at them in five or ten years,” Paul somberly notes as he ends his speech.
Watch his speech on YouTube here
It’s been a decade since that speech. Paul was spot-on.
While a typical Congressional portfolio has an average of 10% in cash, 10% in bonds or bond funds, 20% in real estate, and 60% in stocks or stock funds, Paul is no typical congressman. He has about 20% of his holdings in real estate and 14% in cash.
But that’s where the similarities end. Paul owns NO bonds at all. But he owns a lot of gold and silver mining stocks — a whopping 64% of his portfolio. This led one analyst to proclaim that ”this portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds.”
Well, over the last decade, Paul’s doomsday portfolio has outperformed the average “stocks and bonds” held by congress by a factor of 5 to 10 times.
Can you say, crazy like a fox?
“If you want to get into a good entrepreneurial business, guillotines may be in fashion.”
While Celente is not a financial advisor, per se, he is an expert at recognizing trends. As the founder of Trends Research Institute, Celente has made predictions that would make Nostradamus blush like a teenage girl.
Here’s a quick roundup of some of his most prescient predictions:
- 1987 Stock Market Crash (Jan. 1987)
- Rise of Social Networking (1993)
- “Occupy Wall Street” (1997)
- Dot-com Bust (1999)
- Gold Bull Run to Begin (2001)
- Real Estate Peak, Decline (2004)
- Total Financial Meltdown (2007)
- Global spread of rebellions (2010)
The list goes on and on…
So, what does Celente see in his crystal ball today?
Here are some of his increasingly dire predictions for the near future (from DisInfo):
- Economic Martial Law: Given the current economic and geopolitical conditions, the central banks and world governments already have plans in place to declare economic martial law… with the possibility of military martial law to follow.
- Battlefield America: With a stroke of the presidential pen, language was removed from an earlier version of the National Defense Authorization Act granting the president authority to act as judge, jury, and executioner. Citizens, welcome to “Battlefield America.”
- Technocrat Takeover: “Democracy is Dead; Long Live the Technocrat!” A pair of lightning-quick financial coup d’états in Greece and Italy have installed two unelected figures as head of state. No one yet in the mainstream media is calling this merger of state and corporate powers by its proper name — fascism — nor are they calling these “technocrats” by their proper name: bankers. Can a rudderless ship be saved because a technocrat is at the helm?
- Safe Havens: As the signs of imminent economic and social collapse become more pronounced, legions of New Millennium survivalists are (or will be) thinking about looking for methods to escape the resulting turmoil. Those “on trend” have already taken measure to implement Gerald Celente’s 3 G’s: Gold, Guns, and a Getaway plan. Where to go? What to do? Top Trends 2012 will guide the way.
- Big Brother Internet: The coming year will be the beginning of the end of Internet Freedom, a battle between the governments and the people. Governments will propose legislation for a new “authentication technology,” requiring Internet users to present the equivalent of a driver’s license and/or bill of health to navigate cyberspace. For the general population, this will represent yet another curtailing of freedom and a new level of governmental control.
“The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the U.S. taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown.”
There’s room for more than one Dr. Doom on this list.
Nouriel Roubini’s dour demeanor and frequently bearish outlooks have earned him the same moniker as Marc Faber. Roubini really exploded on the media scene after successfully predicting the sub-prime housing meltdown and subsequent collapse.
From Fortune: “In 2005 Roubini said home prices were riding a speculative wave that would soon sink the economy. Back then the professor was called a Cassandra. Now he’s a sage.”
He currently chairs the Roubini Global Economics consulting firm and teaches at the Stern School of Business at NYU. He has been previously employed by the IMF, the World Bank, and the Federal Reserve, and has acted as an advisor to Treasury Secretary Timothy Geither (but try not to hold that against him).
How Roubini Invests
“I regularly save about 30% of my income. Apart from my mortgage, I don’t have any other debts. The credit crunch hasn’t affected me much…I’ve always lived within my means and, luckily, have never been out of work.”
On spending habits:
“I would say I’m a frugal person — I don’t have very expensive tastes… You don’t need to spend a lot to enjoy things.”
On having his finger on the pulse of the people:
“If I arrive in a country, the first thing I do is ask the cab driver how the economy is doing or what he thinks about their government. When I’m in the hotel, I ask the same questions, or I walk around and go to the local shopping center. You know, I try to get a sense. And when I’m in a country I also try to talk to people who are not necessarily purely the elite.”
Does Roubini seem more rain clouds ahead?
He took to Twitter to tell his followers that 2013 will be a “perfect storm.” He predicts four factors will lead to a “train wreck” next year:
- The Eurozone will begin breaking up
- The U.S. will fall back into recession
- A military conflict with Iran will bubble over
- Emerging markets like China will begin to slow
“I am not going to say I told you so… but I did.” Peter Schiff
“The economy can restructure and recover quickly as long as government gets out of the way, but as long as the government is in the way there will never be a recovery.”
Peter Schiff is a respected financial commentator and the CEO and chief global strategist for EuroPacificCapital. He was also an economic advisor to Ron Paul’s presidential campaign in 2008.
In his bestselling 2007 book Crash Proof, Schiff predicted the coming housing bubble and subsequent economic crash:
“The United States economy is like the Titanic and I am here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.”
On December 31, 2006, Schiff forecast that “what’s going to happen in 2007 is that real estate prices are going to come crashing back down to Earth.”
And boy, was he right…
Schiff’s Guide for Investing
“It’s important to know what types of investments to avoid. Treasuries, or in fact any dollar denominated debt needs to be avoided because again, either you are not going to be paid back or you are going to be paid back in money that doesn’t buy much. So, either way you are losing. So you have to protect yourself; gold/silver, commodities in general, stocks are a way to go although I like foreign stocks better than most domestic stocks, and emerging markets.”
Be sure to stay tuned to the Outsider Club as we bring you the news that’ll help you profit like these prophets of doom each and every day of the week… You’ll get the latest from Jim Rogers, Marc Faber, Ron Paul, Gerald Celente, Nouriel Robini, and Peter Schiff — plus more gloomers, doomers, and permabears that you may not have ever heard from before.
Thanks for subscribing to the Outsider Club. We’ll continue to find ways to boost your portfolio with flexible and safe investments that will help you break free of the traditional trading advantages, traps, and pitfalls financial institutions use to siphon off your wealth…
The Outsider Club Research Team