Friday, July 11, 2014

Is Wall Street Just another Las Vegas?

Is Wall Street Just another Las Vegas?

By Mark Skousen
Editor, Forecasts & Strategies
“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.

10 Stocks That Will Lead the Market in 2014

A New Band Of Market Leaders Is Emerging — Get on Board Before They Take Off. FREE report reveals the top 10 stocks to buy today. These companies are leading the way in some of the hottest sectors of the market — and they’re perfectly positioned for a record-breaking run in the months ahead (and pay fat juicy dividends to boot)! Download your FREE copy here.
Members of the media often portray investing in the stock market as a gamble, like playing roulette, blackjack or poker in Las Vegas. While there are some similarities – top investors are often good poker players – there are plenty of differences.

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.

Only 500 People Will Get the Chance to Use These Lucrative “Pulleys”

One analyst, seasoned with 35 years of market experience, has discovered an entirely new phenomenon that’s moving prices decisively in certain segments of the stock market. What’s even more impressive is that he’s developed a way of predicting these share-price moves that could make you very rich, very fast.

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.

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But in the stock market, if you invest in a fundamentally sound company, the longer you hold on, the more likely you are to make money. Sometimes you buy a solid company and it goes down in price, but if you stick with it, it will eventually recover and give you a profit.

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.

What to Buy in the Hottest Stock Market on Earth

May 19, 2014, might have seemed like just another day for most people. But what happened that day could very well have given one emerging market the boost it needed to truly skyrocket. Its economy is already up over 11% year to date, and investors are starting to take notice.

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!

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Upcoming Appearance

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.
You Blew It! Why the Roads are So Shoddy in America
By Mark Skousen

“For a country where everyone drives, America has shoddy roads.” --The Economist, June 28, 2014
The latest issue of the Economist discusses one of the consequences of Keynesian economics: America’s crumbling infrastructure. By stressing consumer spending as the driver of the economy, the government has failed to maintain its capital investment. As a percentage of gross domestic product (GDP), the United States is way behind most other industrial countries in terms of investment in roads. We spend only 0.5% of GDP on roads. Even Russia spends more, percentage-wise.

I’ve traveled the world, and I can tell you that Asia and Europe have much better roads than we do. I defy anyone to find any pot holes in the United Kingdom or Europe.

Meanwhile, back in the United States, our state governments hire only the lowest bidder and only for one year, making it difficult to invest for the long term in roads and highways. In many ways, our highways and airports are “third world.”

The Federal Highway Trust Fund, which funds a quarter of spending by states on infrastructure, is running on empty. As the Government Accountability Office reported, “The problem with the trust fund is that it’s not funded and you can’t trust it.”

Now is the time to rebuild our transportation system. Otherwise, we are going to be left behind. We have great shopping malls, but getting there can be a headache.
Good Investing, AEIOU,


Mark Skousen
Presidential Fellow, Chapman University
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