Is Wall Street Just another Las Vegas?
By Mark Skousen Editor, Forecasts & Strategies |
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“Wall
Street is a gambling house peopled with dealers, croupiers and touts on
one side, and with winners and suckers on the other.”
–Nicholas Darvas, “Wall Street: The Other Las Vegas”
I am in Las Vegas for FreedomFest, “the world’s largest gathering of
free minds.” Among our hundred-plus speakers and several thousand
attendees are wealthy investors and top-performing money managers and
investment writers, including Donald Smith, Alexander Green, Peter
Schiff, Bert Dohmen, Chris Versace, David Norcom, Jack Reed and Adrian
Day.–Nicholas Darvas, “Wall Street: The Other Las Vegas”
One important rule every gambler learns is that the longer you play, the more likely you are to lose, or to see a winning hand turn into a losing bet. The odds are against you continuing to win. The casinos weren’t built with winners’ money.
While no other traders on Earth have figured this system out, he has already used this technique to help his subscribers score 144 triple-digit wins! But there is one catch… since these sectors of the market can be very sensitive to large inflows of capital, this service can only be opened to the first 500 respondents. Click here now to claim both your spot and your triple-digit profits. |
As Dick Davis said, “The best way to put odds in your favor is to invest long-term.”
Casinos represent the leisure consumer industry. Based on the rise in casino stocks such as Wynn Resorts, Las Vegas Sands and MGM Resorts, that industry is booming. But most of the stock market is in manufacturing, mining, technology and finance – all part of the capital markets.
In case you missed it, I encourage you to read my e-letter column from last week on Eagle Daily Investor about Benjamin Franklin’s Independence Day warning. I also invite you to comment in the space provided below my Eagle Daily Investor commentary.
One company I’ve been researching not only operates in this growing stock market, but its earnings have grown 16% year after year. And the best part? It’s still far enough under the radar that shares are within the price range of almost any investor! Click here now for your opportunity to score up to 470% gains with my best emerging market stock pick! |
San Francisco MoneyShow, Hilton Union Square, Aug. 21-23: I’ll be speaking at the Alumni Breakfast on Friday morning, Aug. 22. I was at the first San Francisco MoneyShow in 1978, and I am the only speaker among the group still standing! Other speakers at this year’s event include Rich Karlgaard (publisher, Forbes), Roger Conrad, Elliot Gue, Doug Fabian and John Ransom. Admission is complimentary to my subscribers, but you must register: For details, call the Money Show at 800-970-4355 and mention priority code 035962.
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Mark Skousen
Presidential Fellow, Chapman University
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