Monday, March 2, 2009

What Exactly is Normal?

In case you didn't notice, emotions have been running a little high in the stock market lately as the Dow has plunged to a new bear market low. Maybe it has been the excitement in the banks or all the talk about nationalization that has gotten people all riled up. Or maybe it was the goings on in Washington that has people speaking their minds about what the new kids on the block are doing/planning. But to be sure, the situation appears to be reaching a fever pitch.

For example, we recently got a first rate rant on CNBC about the administration's housing bailout plan from Chicagoan Rick Santelli. And while Mr. Santelli isn't known for holding his tongue, he obviously struck a nerve in the White House as he received a very unusual and very public tongue lashing from Press Secretary Ron Gibbs, the likes of which we haven't seen since Nixon attacked CBS's Dan Rather.

Are Stocks Finally Cheap Enough?

But it wasn't just the commentators on the so-called "cable shows" that were a little emotional. (And by the way, since the new administration doesn't seem to be terribly familiar with the way Wall Street works, I wonder if Mr. Gibbs knows that the little cable TV station he referred to - aka CNBC - is seen all over the world. This isn't exactly public programming in Omaha! But, oops, I might just be ranting a little myself here.) Former Fed Chairman and Obama economic advisor Paul Volcker also got into the act of inciting emotions by stating that this was the fastest plunge in global economic activity ever. And yes, that includes the Great Depression.

So, with the stock market declining on a daily basis and in the process, revisiting levels not seen since 1997, as well as the minor revolt over what is perceived as the government bailing out anybody and everybody to make up for the money the government put into Wall Street, we thought it might be a good idea this weekend to step back from the emotion of the moment and take a look at one of the keys to the stock market - valuations.

Emotions In Motion

It has been said that the stock market is itself a study of emotions in motion. The idea here is that investors will buy or sell the future revenue stream of a company based on how they feel at the time. If times are good, an investor might be more than happy to pay 30 or 40 times next year's earnings (think 1999 here) because they probably expect earnings to accelerate. However, when times are bad, stocks experience what is called "multiple contraction," which, in simple terms, means investors won't pay as much for the future earnings because the growth rate of the company's earnings may be in jeopardy.

Relative or Absolute?

Getting to the topic at hand, if you want to start an argument amongst financial analysts, simply start talking about market valuations as there are a myriad of ways to try to put a fair value on a company or index. But, let's give it a shot anyway as Market Valuation is one of the key drivers to stock prices over the long term.

There are basically two ways to look at valuations: Relative and Absolute. The first approach looks at stock prices in relation to competing interest-bearing investments such as bonds and T-Bills. And if we look at things such as earnings yields, dividend yields, bond yields, etc, we can argue that the S&P 500 is the most undervalued it has been at any time in the last 50 years. And as the bulls will tell you, this is a big-picture positive.

However, another way to look at valuation is what companies are paying in terms of dividends. The reason we like this approach is dividends represent cold hard cash that companies are willing to part with. Thus, it can be argued that dividend payments reflect the current level of confidence a company has about its future.

Let's contrast this approach to the more popular valuation measure based on earnings - aka the P/E ratio. In short, the problem with the P/E ratio is the "E." Since there are so many ways to manage, massage, or "engineer" the earnings numbers these days, it is tough to get a handle on a company's real "E."

The only real way to fairly and consistently measure the "E" is via the use of GAAP accounting. But unfortunately, you don't get GAAP earnings when a company reports their quarterly results. And often times you only get a company's "operating earnings," which usually excludes anything bad that occurred during the quarter.

So, if you insist on using a P/E ratio as your market valuation measure, please be sure to use GAAP earnings in your formula. But unless you are willing to create the numbers yourself (which could require digging through each company's earnings report) - good luck with that. (For the record, Ned Davis Research tells us the current S&P 500 P/E based on GAAP earnings is 29.83, which is considered very high given the average since 1926 has been 16.03.)

Getting back on track, while the relative valuation measure using current interest rates suggests that top stocks are VERY cheap right now (mainly because interest rates are at generational lows), our more objective valuation measure using dividends suggests that the S&P 500 is just now getting back to the historical norm.

What Exactly is Normal?

The last word in the last paragraph also poses a bit of a problem. You see, comparing today's business practices to those of the 1920's doesn't exactly make a lot of sense. And while the concept of paying dividends hasn't changed, the business climate, and as such, the expectations of dividend payments, does change from time to time.

Therefore, it is probably not a great idea to simply look back at the average Price to Dividend Ratio of the S&P 500 since 1925 and draw a conclusion. The current Price to Dividend Ratio for the S&P 500 as of 1/31/09 is 29.1. If we go back to 1925, we see that the average has been 27.0 and that levels over 35 would be considered "expensive" while readings under 18 would make the market "cheap."

However, over the past 50 years the average P/D ratio has been 37.7, over the past 25 years, the ratio has been 47.5 and since 1990, the average has been in the vicinity of 60.

Pick Your Poison

So, are stocks cheap here? To answer the question, you must first pick your time horizon. From 1925, valuations are merely neutral. Over the past 50 years, you can argue that valuations are on the low end of neutral and maybe even at the high end of cheap. And if you are looking out over the past 15-25 years, it is safe to say that hot stocks are indeed approaching bargain levels.

The bottom line is that stock valuations are not expensive at the present time, which is a good thing if you are looking long-term. However, if your time horizon is something more like the start of Spring Break, then you'd best keep your eyes on the banks and what Mr. Geithner may or may not say on the topic.

Wishing you all the best for a profitable week ahead,

ProShares Ultra QQQ ( QLD)
Date Purchased: This is a new purchase
Purchase Price: NA
Buy Strategy: We're looking to add a position here or on any near-term weakness
Active Trader Stop: $22.19

Current Strategy:
It was a relatively quiet week as we've decided to "do less" again in this environment. We did close one winning trade during the week as we sold our recently purchased position in the China ETF (FXI) for a gain of +5.57% in just 3 days. In addition, we cut our position in health care (VRX) in a timely fashion as we managed to avoid a much bigger drop in the best stock (VRX fell an additional -12% after we sold it) in response to Obama's stance on health care was announced. Turning to new trades, we beleive we're setting up for a nice bounce higher and would use any further weakness to start nibbling at the leaders.

STOCK SPLIT REPORT -- by StockSplits.net Editor Jon Johnson

For post-splits, we can play them as we would pre-splits (very short term), but we prefer to stretch our horizons, playing the trend. When playing options, we look further out, 2 or more months at least. We let the trend carry us along if there is one, but we will also take profits if the technical pattern degenerates, e.g., breaks a trendline. The main difference between post-splits and pre-splits plays is that we really have to like the pattern. Pre-splits can run right before their splits even with poor technical indicators. For post-splits, we are looking at the stocks from more of a longer term "would I buy this stock at this juncture?" position. Now there are times when a hot stock splits and investors pile in to get in while the stock is 'cheaper.' We play those, but with more of a short-term, pre-splits mentality in that we will be ready to get out fast if the momentum fades.

Remember, everything we do has to pass muster with the market that day ... don't fight the market on these plays.

Listen to Stock Split Report Editor Jon Johnson's
stock split interview on CNBC-TV [ Broadband Dial-up ]

Here's a post-split play and our current analysis.

Chart by StockCharts.com

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RIG (Transocean--$59.77; +0.01; optionable): Drilling rigs for offshore oil work.
Company Profile
After Hours: $60.04
STATUS: Flat base. After the selloff RIG put in an 8 week bottoming patter, and broke higher the first week of February, clearing that initial base. It rallied up to the 90 day SMA (59.47) and has slide laterally in a rather flat trading range on low volume. The past two sessions it moved through the 90 day but could not hold the move, closing just below that level. Looking for a breakout on strong volume to show us it is time to buy.
Volume: 8.893M Avg Volume: 10.865M
BUY POINT: $61.65 Volume=13M Target=$69.94 Stop=$57.77
POSITION: RKJ EL - May $60c (52 delta) &/or Stock

Chart by StockCharts.com

Please turn on your ability to receive graphics. We are providing you with a detailed chart of this stock. If you are unable to turn on graphics, please CLICK HERE or on the *Read Our Weekend Report Online* link above.

BIDU (Baidu Inc.)
Company Profile
There were many quality stocks in position to lead the market, higher, but the selling over the past three weeks on the lack of a clear bank bailout plan and the rumor becomes fact about the stimulus bill took the majority of those stocks out of their upside patterns. The Chinese stocks, however, given the Chinese stimulus plan that is perceived to be much more effective than that in the US, continued to hold good upside patterns.

BIDU had our attention. It broke higher on 2/9/09, breaking higher from a 7 week reverse head and shoulders pattern on excellent volume. We watched for a pullback to move in and on 2/11/09 it showed a candlestick chart doji right at the 50 day EMA and we put it on the report. Our play is a rebound off of that test. BIDU kept slipping, however. It did not break up its pattern, so we simply adjusted our buy point. On 2/20/09 BIDU gapped higher, clearing the 50 day EMA on a return to above average volume. We didn't chase that gap, but the next session it tested that gap and started back up. That is when we moved into the play with some stock positions at $136.15 and some June $135 strike call options at $23.60 per option. A high price but BIDU runs like the wind and pumps those values up.

BIDU was ready to move after this test. Over the next four sessions BIDU fought the overall market direction, moving up to $153 on the Thursday high. That move took BIDU through next resistance at the 90 day SMA, and it is always nice to clear such a key resistance level. It started to reverse off the high, and with a solid run over the prior six sessions and the poor overall market performance, it was time to take some of the gain off the table. We sold some stock at $151, not at the session high but it banked us a 10.9% gain and beat the closing price at $145.94. We also sold some of our options at $32.40, netting $8.80 per option or 37%. Great upside leadership in a weaker market.

BIDU hung tough, posted a gain back up to $148.32 on Friday after running up close to the Thursday high intraday. We will see how it tests and if it holds that 90 day SMA we will be looking to add some positions on BIDU. The US plan may not work but the Chinese plan is perceived to be working, and as long as it does there will be Chinese stocks such as BIDU, SOHU, ASIA for those wanting to play the upside in a weak overall market.

Let the Scrip of Governments Build Real Wealth for You

We like to laugh along with you about the ultimate fate of the dollar and all other paper currencies…

But the truth is, there's tremendous opportunity right now for you to make money as these currencies jostle about.

In fact, our currencies expert, Bill Jenkins, is so excited about future profit opportunities that he wants to give you six months of his FOREX options service for free.

He tells me that once you get your hands on this information, you may never want to buy best stock again.

How would you like six free months of our newest, aggressive options trading research service?

No kidding.

With gains like 100% overnight,23.4% in 48 hours, and 70% in just 4 days already in the books ― six full free months could make you wealthy. And who knows? Six full free months could even put six figures in the bank.

What you're about to read is that important.

In fact, I expect my number of readers to double.

Hundreds have already jumped on board with what I'm about to show you.

You can join them � and start getting the chance at gains like 100% in one day, 33.24% in just a week, and 70% in only 4 days.

I'll explain exactly how you can claim your six free months at the end of this letter.

Nobody gives anything away for six months, especially if it's going to make me bunches of money. I bet that's what you're thinking.

I understand how you feel. What I'm about to reveal might shock you…it also stands to make you very, very rich this year.

Give me just three minutes of your time, and I'll show you why I'm actually thrilled to give you 6 full months of options picks for FREE.

The Forex Strategy The Pros Use � Yours FREE For Six Months � Quick, Safe, Fast Gains For The Taking

The best Forex (FX) traders make huge gains no matter if the markets are up or down.

In just a moment, I'll show you how I've recently enjoyed tremendous success and produced gains like ―

33.24% in a week

23.4% in 48 hours

Even 100% in one day

Those profit plays were among a handful that went to a select group of test readers. If you act today, you can join them risk-free.

How's that sound?

I'll even introduce you to folks just like you who receive my step-by-step recommendations.

They aren't FX experts. They aren't Wall Street pros.

They're everyday people who're making repeatable and huge gains.

And what I'm about to show you is safe. It's fast. It's fun. And it's easy.

However I have to warn you, if you're interested in what I'm about to reveal, I must hear from you today. Because I'm offering 6 FULL MONTHS…for FREE. I'll explain how in a moment. All you have to do is claim it at the end of this letter…

First though, I should give you the background info. Including how easy it could be, with the right FX plays, to start making your own fast, repeatable profits.

Here's How YOU Could Make Easy Forex Profits

On Monday, Oct. 27, 2008 ― at 1:17 P.M., I sent a short email to my select group of testers. In this email, I recommended one simple FX trade.

If they wanted to take advantage of my recommendation, my testers didn't need any special knowledge. They never even had to look at a chart.

I laid out my case slowly and simply ― in a few words.

Even better, my testers don't need a special trading account. And they don't need to go through some complex brokerage to execute the recommended trades.

So how did my select group of testers fare with my simple recommendation?

I gave the sell alert via another simple, easy-to-follow email.

All I do is open up the world of FX trading to anyone who wants to take part ― and see some fast gains.

In fact, I've been perfecting my methods for over 15 years.

So rather than getting started with the FX markets by spending money for some course you see on TV, you could be making money with specific plays just days from today.

I'll prove it to you in just a second.

By now you're probably wondering how I made 100% in just over a day.

My secret is simple. And it could change your life forever...

Safe FX OPTIONS Maximize Profits

You know how with top stocks you can buy a call option if you think the price will go up? Or buy a put if you think the price will go down?

I can safely and easily play lucrative options on six major world currencies ― the British pound, the yen, the euro, the Swiss franc, the Australian dollar and the Canadian dollar.

These currency options I recommend trade on the Philadelphia Stock Exchange. You can play FX options just like an option on a normal old stock.

Options are a great way to trade FX with strict minimum risk and very little starting capital.

Now here's the best part...

Even if everything I just said is Greek to you ― you can still get started with FX options.

And you could start raking in some serious money in a hurry.

How?

It all goes back to my simple strategy ― just like I described in the emails I send to my testers.

Here's my philosophy on FX options in a nutshell: I do all the work. I tell you what I think the best play is. You decide whether to execute that play for maximum profits. That's all there is to it!

In just a moment, I'll even show you my entire strategy for picking the best FX options plays ― from start to finish.

I'll introduce you to my group of testers. They've been receiving my simple emails and raking in huge gains in just days...

And I have more exciting plays in store ― plays I want to share with you, starting today.

Remember though, if you're interested in what I'll show in the next few minutes, you must take action today. I can only offer 6 FULL MONTHS FOR FREE for a short period of time ― because I'm staking a lot just to send you this letter today. I'll give you the specifics in a moment.

To help you reach a decision, let me show you more about how I make such impressive FX options gains so fast...

FX Options Let You Control Your Profit Potential

On Nov. 4, 2008, I sent another one of my simple emails to my testers.

I recommended Eurodollar puts.

It was a bet against the value of the euro versus the U.S. dollar.

I told them exactly what they should pay for each option contract, and exactly the steps they needed to take if they wanted to put the trade into place.

Then, on Nov. 6 ― just two days later ― I sent another of my simple email alerts, complete with a specific recommendation to exit the position.

My readers could've walked away with up to 23.39% in gains. In just two days.

Gains like this are much faster and easier than what you could get with regular stocks.

Sadly, most people only invest in hot stocks. I'm sure you know how that's turned out this year...

The Dow Jones Industrial Average is down about 40% since its highs in Oct. 2007.

It's not uncommon nowadays to see volatile swings of 4-5% or more...in a single day.

Faced with all the current pain on Wall Street...

...11.65% per day ― for a total of 23.39% in two days ― well, it looks pretty good, right?

Of course it does. FX options give you a chance to make money no matter what's happening on Wall Street. In fact, FX options can actually become more lucrative as stocks price fall!

That brings me to what could be the biggest benefit of FX options.

Why I Haven't Bought a Single Stock in The Last Ten Years

I haven't bought a single stock in over 10 years. Why?

I can make huge gains, sometimes 100% or more in a day, with safe, simple FX options plays.

FX options let you remove yourself from the world of earnings reports and CEO hype you see in the stock market.

FX options return gains to you because of "big picture" trends anyone can understand. You just have to know how to choose the best options...

For example, say I buy a stock. I hold that stock and it goes up. Sometimes, I have to wait years for the stock to go up so much that I can actually make a nice profit by selling it.

Or...the top stocks could go down. Which is essentially the same as flushing hard-earned money down the drain. Because all sorts of things have to happen for the stock to start going up again.

That's pretty much it for stocks. Two basic outcomes.

OR...I could completely remove myself from the nastiness on Wall Street.

I could scoop up all my money and leave the table. Walk right out of their game and never look back.

That's exactly what I did a few years ago. I'll tell you my whole story in just a moment...including why I LOVE the fact I haven't bought a stock in over 10 years.

See, what I did is turned to something safer, even more liquid, and a lot faster to make the gains I want.

And it's exactly the power I want to share with you today.

Because people who buy and hold top stocks ― you know they're getting hurt pretty badly right now.

Retirements are on the line. Pensions are being destroyed. People's lives and futures hang in the balance.

I feel badly for those folks. I truly do.

Because it doesn't have to be that way.

There's a safer way ― a way to make 100% in one day, or 23.39% in just two days, as I've shown.

And it's simple. It's not tricky. You don't have to be a "pro." You don't have to look at one single chart. You can simply follow my specific recommendation and wait for the gains to roll into your account.

I believe with everything I am that FX options are a way for regular people like you and me to see big money, sometimes overnight, in the largest and most lucrative market on the planet.

The FX market.

So far I've shown how I make my big gains, where I make them, and why they're the best type of gains in the markets today.

But I'm just getting started with the benefits to FX options plays.

I have so much more to show you.

Including the feedback I've recently received from some of my test readers.

In a moment, I'm even going to give you the chance to join them. But I can only keep my group open for a short time.

Why?

So if you're interested, you're going to have to act fast.

But that's later...because I want to share with you a bit of my personal philosophy. If it doesn't prove why FX options are the best place to make big gains, I don't know what will.

Buy-and-Hold Stock Strategies Are Risky and Outdated ― My FX Options Plays Give "Quick-Strike" Gains

On Oct. 27, 2008, I sent another of my short notes to my testers.

In my note, I explained why the November British pound 1.58 calls were a solid play.

I also told my readers exactly what to do.

One week. 33.24% gains.

That's a quick strike gain while the rest of Wall Street stumbles around, looking for the next piece of bad news that will send markets plummeting.

By now you're probably wondering, what is it about foreign currency options that make these quick strike gains possible over and over again?

The FX market is the most liquid in the world. There's a lot of cash floating around. In fact...

Over $4 trillion changes hands in FX trades...each day. Some days, that means up to 40 times more money is floating around in FX markets than in all the stock markets around the world...

All that money ― all that sloshing liquidity ― means one thing:

Positions change, are bought and sold, and MOVE more than in any other market on earth.

Here's the catch, and why you're in such special shape today...

Simply Rack Up Gains and Forget All The FX Hype You Hear

To trade FX professionally, I know analysts who use up to four huge computer monitors and are literally tied to their desks for up to 18 hours a day.

With all that cash floating around, the big guys have to be careful.

A position can go against them and erase fortunes in a hurry.

These "pro" traders ― the type of guys you see selling FX programs on late-night TV, aren't just in it for the money.

They trade FX to prove how tough they are. How much "pressure" they can take.

That's madness if you ask me.

I don't do it that way. I found a better way. Less stress. Less risk. Less effort.

All I do is take advantage of the best quick strike FX options moves of the moment and write short, detailed, specific emails to my testers.

Those other guys can keep the chest-beating and fancy suits. They can sit at their computer for hours on end, ignoring everything else in their lives.

I make money ― and I can make money for you too ― by sidestepping all that craziness.

And still give you a chance at awesome, quick strike profits like 100% in a day, 23.39% in two days, or 33.24% in just a week.

You can join them, and start collecting your own fast, easy FX options profits ― but only if I hear from you today. My shocking offer for 6 FREE months, you'll see in just a minute simply cannot be open for very long.

Now, I promised I'd show you what my testers have to say about my picks.

I always welcome feedback from my readers ― and here's what they've been saying.

No Fancy Gimmicks ― No Smoke and Mirrors, Just the Straight Story From My Test Readers

Now I know I've said this before, but trading FX options isn't hard.

You just need the right information and the right picks.

The fast, easy gains are there for the taking.

In fact, some of my testers didn't know a thing about the FX markets before they started receiving my simple trading emails.

Even without a bunch of fancy charts or complex technical indicators ― here's how they've been doing following my recommendations:

"Nice call! In at 3, out at 3.80, 22% in 24 hours. Thank you!"

Adam Thomas,
Syracuse NY

Here's another reader email...

"Thanks for another great option call! I got my position on Wednesday at $3 even, per contract, and sold yesterday for $3.90. 30% in 48 hours - nice!"

John Martin,
Omaha NE

With quick strike FX gains like these, you can choose never to go back to the choppy stock markets...

"This is my first trade using this new service. 33% in 2 days!"

Doug,
Sante Fe NM

"I made 27% on my first currency option trade."

Michelle,
Allentown PA

"I made a very, very nice profit on 12 options."

Andrew Victor,
Colorado Springs CO

It really is this easy.

I send you trading emails right from my desk. You read them and decide whether to act.

Over and over again.

By now you're probably wondering who I am exactly, and how I do what I do.

My story might surprise you.

I Tried Half a Dozen FX Strategies ― All Useless Then I Built My Own ― And Started An Incredible String of Huge Successes

My name is Bill Jenkins. I run an elite trading research service called Master FX Options Trader. How I came to helm it is a story worth telling...

Years ago, while working as a minister, a friend told me the stock market was a great place to make money.

What this friend failed to tell me was that stocks were a great way to lose money too.
He probably assumed I'd figure that part out on my own.

And I did. Big time.

See, I grew up in a working-class family and have six brothers.

Since we never had much of it, money always interested me.

My father worked very hard to put his seven sons through school ― and he saw to it that I received a top-grade seminary education.

But minister's salaries being what they were, and since I had my own rapidly growing family at the time ― I needed to turn somewhere else to make extra money.

I didn't start out with "speculation" money. I needed extra money to feed my family and keep the lights on.

That's when my friend suggested top stocks.

And boy, did I lose a bundle.

See a pattern emerging here?

Then, in 1993, I stumbled on currency options.

It was a Eurodollar call that started it all.

I made $1,000.

That might not seem like a lot to you ― but it meant the world to me.

Of course, after making that first $1,000 I was hungry for the next $1,000.

You know how this works.

How I Simplified FX Options Gains For You

I collected every book on currencies and currency options I could find.

I bought into all the complex systems those guys were offering.

I bought into all their noise.

And my FX fortunes turned. For the worse.

I've never revealed to anyone exactly how much money I lost in those early years. Only my wife knows the number.

But I'll tell you this ― I lost more than most people make in a year, but less than the cost of an advanced degree from Harvard Business School.

An advanced degree in FX options is essentially what I ended up with.

Because I learned that in the world of FX, all those hotshots were selling the same warmed-over garbage and calling it a filet mignon.

I learned how to trade FX the hard way.

The expensive way. Through 15 years of tweaking and relentlessly perfecting my methods.

I'm happy to say I have perfected my methods for quick-strike FX gains. That's exactly why I'm writing to you today...

And it might sound crazy, but I found that if I simply reversed what all the "experts" said to do, I'd be in a better position to see gains.

For example, the conventional wisdom says that to trade FX well, you need to leverage yourself to the hilt and bank on tiny moves.

That wisdom, as you might guess, is conventional.

And wrong. And potentially disastrous to your money.

By reversing their advice, I forced myself to study each and every building block of trading.

I learned the entire world of FX options one step at a time, one piece at a time, from the ground up.

And I perfected my own strategy. A personal, proprietary strategy that's been working like gangbusters for a select group of testers.

I'll show you how my strategy works in just a second.

And, as I've said before, I'll give you a shot at joining my test group in only a few minutes.

To do so however, you must act today. In a moment, I'm going to show you how to get everything I know for six months, for FREE ― but I won't be able to do this for long.

But before we get there ― I also promised I'd show you an example of exactly how I guide my testers to huge quick strike FX options gains.

Well, as you'll come to see, I'm a man of my word. Here's the scoop on how my trading alerts work...

Cortado working on business solutions for the Apple iPhone

Cortado announced that it is working to port its business solutions to the Apple (NSDQ: AAPL) iPhone. As a result, iPhone-equipped users of their service will be able to perform such functions such as printing, faxing, access to corporate networks, scanning and copying, database access and much more.

Exact details are unknown at this stage - all we have are Cortado's Dirk Löwenberg, who said: "Within the next six months, we will be offering a series of business applications through the Apple AppStore, and are expecting to have the 'Cortado Corporate Server for the iPhone' ready by summer. At the moment, the iPhone is developing into our second most important platform, just after BlackBerry (NSDQ: RIMM) smartphones."

And that's about all we know at this stage. Guess, Cortado will provide us with more information soon. Stay tuned, in the meantime…

So You Have Two Choices

The day has finally come.

Whether you agree with it or not, the $787 billion stimulus is now law, and will spend no less than $104 billion on clean technology.

So you have two choices.

You can oppose it, probably with little, if any, success. Or you can accept it and choose to profit.

It seems like an easy enough decision to make.

You see, the stimulus will guarantee demand for all types of renewable energy and related infrastructure by creating billions of dollars worth of tax breaks and incentives for the industry.

It's all on the taxpayers' dime anyway, so why not use the outcome of the stimulus to send a few dollars back your way?

The sectors from which you can reap profits are many, as billions are slated for solar, wind, energy efficiency, transmission, and even clean water.

And to get the most out of this rare opportunity for government-backed profits you should take a stake in each of those sectors.

The strategy outlined in the report below will help you do just that. It outlines 10 companies -- across the entire cleantech spectrum -- that investors will flock to when the stimulus money starts flowing.

That could be as soon as March 3rd, when federal agencies must begin reporting how they'll use the stimulus funds.

You'll want to establish your positions before then, when the rest of the Wall Street masses rush to take part in this easy profit taking.

America is - quite literally - falling apart.

Consider this recent example - one that could've come straight from a Hollywood disaster flick:

On December 23, 2008 at about 8 a.m., a 60-inch water main burst along a major road in Bethesda, MD, hurtling 135 million gallons of water per minute over streets and lawns.

Without a second to prepare, drivers in this sprawling D.C. suburb were stricken with terror as a 5-foot wave of icy water - 60 feet wide in some areas - barreled down, trapping them in their cars...

Boulders, trees, and even cars were suddenly swept up in the flood. Cell phone calls from panicked motorists overwhelmed even the 911 dispatchers.

The street called River Road turned into an actual river.

But here's what's truly horrific...

This was just one of 1,357 water main breaks in Montgomery County, Maryland in 2008 (down from 2007's record 2,129 breaks)... In many of these cases, homeowners were left without water or electricity.

In fact, another pipe recently burst there, closing over 800 restaurants and leaving tens of thousands of people hunting for water clean enough to drink.

And water main breaks just like the ones above attack roughly 255,500 locations every single year across the U.S.

What if the same road you've driven thousands of times over... was the next one to cave in?

Truth is, it's all part of...

The Only Media Company with 40% Upside

The Philadelphia Inquirer officially buckled this weekend when it filed for bankruptcy...

And a friend of mine in the online advertising field says big East Coast newspaper titans are paying through the nose for subscriptions they get through web ads. They're in a deep hole, desperate to get out.

A few media companies, though, played smart and stayed ahead of the new media curve.

South Africa's Naspers Ltd. is one of them, and it looks set not only to survive, but even to be one of the world's top stocks between now and 2011.

Naspers Isn't Married to Newsprint

Naspers started out as a newspaper nearly a century ago...

But within just a few years the founders branched out into books and magazines.

By the 1980s, it and a few other South African media companies started a pay-TV company.

In 2001, Naspers picked up nearly half of Tencent Holdings, a Chinese instant messaging company. That gave Naspers a foothold in China's recent economic boom as well as a best stock with technology used by hundreds of millions of web surfers around the world.

Hong-Kong shares of Tencent (HK:0700) turned out to be a blockbuster pickup for Naspers, gaining over 1200% since 2004.

Other ventures outside the home market put Naspers in Greece, Brazil, Russia, India, and even the U.S.

Now, with the 2010 World Cup coming to South Africa (tickets went on sale Feb. 20), soccer seems to be helping Naspers achieve its profit goals in more ways than one.

Sponsored Links:

Kicking Off Profits for Years to Come

A subsidiary of Naspers just won the rights to broadcast English Premier League games to satellite TV customers across sub-Saharan Africa.

As the world's biggest sporting event approaches and Naspers gets ready for prime ad placement that will reach billions, the company's balance sheet will be boosted by hordes of new customers.

Tapping the Premier League's worldwide fan base and signing African soccer nuts up for satellite service packages is enough to give Naspers a 40% upside boost over the next 2 years, David Shapiro of Johannesburg's Sasfin Holdings said recently. "The Africa kicker makes a big difference," Shapiro added (pun probably intended).

And Naspers is just one part of a broader trend of South African companies extending their reach and business model across the continent.

The iShares MSCI South Africa Index ETF (NYSE:EZA) and SPDR S&P Emerging Middle East & Africa ETF (AMEX:GAF) both count Naspers as a top holding.

So even though Naspers shares trade over the counter here in the U.S. (OTC:NPSNY), it's better to pick them up as a package of South African hot stocks that will benefit from the World Cup's exposure and southern Africa's expected 5% growth through the developed world's downturn.

David Shapiro says the Johannesburg Stock Exchange All Share Index should pop by just over 10% in 2009, versus what will almost certainly be a losing year for the Dow.

No wonder African stocks market may be the best gainers, as satellite TV and mobile phones make up the base of a "leapfrog" economy where people are brought into the 21st century economy directly, without retrofitting old infrastructure.

As far as media stocks are concerned, companies that still gear their business model to how many words fit on a page, or how many newspapers one city buys, simply won't be around much longer.

There's a new model for international business, and the best strategies are increasingly coming from outside the U.S.

Look for a new crop of global growth top stocks like Naspers to emerge out of this recession.

Are Stocks Finally Cheap Enough?

In case you didn't notice, emotions have been running a little high in the stock market lately as the Dow has plunged to a new bear market low. Maybe it has been the excitement in the banks or all the talk about nationalization that has gotten people all riled up. Or maybe it was the goings on in Washington that has people speaking their minds about what the new kids on the block are doing/planning. But to be sure, the situation appears to be reaching a fever pitch.

For example, we recently got a first rate rant on CNBC about the administration's housing bailout plan from Chicagoan Rick Santelli. And while Mr. Santelli isn't known for holding his tongue, he obviously struck a nerve in the White House as he received a very unusual and very public tongue lashing from Press Secretary Ron Gibbs, the likes of which we haven't seen since Nixon attacked CBS's Dan Rather.

But it wasn't just the commentators on the so-called "cable shows" that were a little emotional. (And by the way, since the new administration doesn't seem to be terribly familiar with the way Wall Street works, I wonder if Mr. Gibbs knows that the little cable TV station he referred to - aka CNBC - is seen all over the world. This isn't exactly public programming in Omaha! But, oops, I might just be ranting a little myself here.) Former Fed Chairman and Obama economic advisor Paul Volcker also got into the act of inciting emotions by stating that this was the fastest plunge in global economic activity ever. And yes, that includes the Great Depression.

So, with the stock market declining on a daily basis and in the process, revisiting levels not seen since 1997, as well as the minor revolt over what is perceived as the government bailing out anybody and everybody to make up for the money the government put into Wall Street, we thought it might be a good idea this weekend to step back from the emotion of the moment and take a look at one of the keys to the stock market - valuations.

Why You Shouldn't Move to Bonds

Most investors like to put their money in something that has done well. Most don't put their money in something that has done poorly. The last 10 years gives us a stark portrait of what's done well and what hasn't. And we're starting to see a major psychological shift in where investors want to put their money as a result.

In short, people seem to have had enough of stocks. They're moving into bonds. Oddly, and as strange as it sounds, this inflection point just might be the turning point for stocks. Put another way, investors as a group just got the last 10 years wrong. Thinking in contrary fashion, they may get the next 10 years wrong as well.

Stocks, as a group, have not done well now for 10 years. As of yesterday, if you had put $10,000 in the S&P 500 10 years ago, you would now have about $6,200 ― a loss of 38%. And it's worse than that considering the effects of inflation.

If you look at bonds, they've done much better. The Merrill Lynch U.S. Corporate Master index, a measure of high-grade debt, for instance, has gained 58% in the last 10 years.

You can hear the gears turning. Stocks have not done well, investors reason, and bonds have done much better. Therefore, buy bonds.

That's what they are doing in large numbers. Here are some telling quotes from a recent Wall Street Journal article. From a manager of $185 million in individual accounts:"I think a lot of investors have just had it with the equity markets… The baby boomers are saying, 'I'm too old to make up these losses… I'm not going to risk it."

Another, who has $414 million in assets under management:"The credit markets are the market, and the stock market is a sideshow, period."

One more, from a money manager of $900 million in assets:

"The debt markets seem pretty well understood, while the outlook for equities is still murky."

Even the Journal itself waxes on about the simplicities of bonds. You only have to figure out if the company can meet the minimum payments of the bonds. You don't have to worry about figuring out growth rates or what earnings per share may be. "With no end to the recession in sight," the Journal sighs, "logic for buying equities is wavering."

(If you're like me, you're probably suspicious of someone who repeatedly says "equities" when the plain-old word "stocks" suffices.)

So the stock market has been cut in half…and NOW these advisers are all cheerleaders for the bond market. Already this year, bond funds have added some $15 billion to their assets. Last year, investors took out nearly $200 billion from their stock mutual funds.

Going with what's worked well in the past sounds reasonable, but investing is an odd thing. It's not like many other areas of life.

If you get a bad haircut after going to the same barber for a few times, you stop going to that barber and find another. You don't stick with bad barbers and you don't go looking for bad barbers.

And if you get a good meal at a restaurant, you keep going back. You don't worry about the restaurant getting too popular. You don't look for a dive where hardly anyone goes, thinking you'll get a better meal.

Investing is almost the exact opposite ― which is one of the things that make it so hard. The best way to make a lot of money in stocks is to buy something good that few people seem to want. Then you sit on it, and when people get excited about buying it again, you gladly sell at a premium price and make some multiple on your initial investment.

All the greats made most of their hay in just this fashion ― John Templeton buying up small-cap stocks in the Great Depression… Warren Buffett picking up The Washington Post and adding shares of GEICO in the depths after the 1973 market tank…and on and on…

The best deals become available during times like now. That much is a fact. I'm not saying it's easy. I'm not saying all stocks will rise. Some of them are going to go to zero. Some of them are never going to come back. But some of them are great businesses and have great assets that will certainly come back at some point.

I know it can be tough when stocks you own are down so much. But looking ahead, I can't help but be more optimistic…

Here Come the Commies

A quote ascribed to Karl Marx has been popping up a lot lately:

"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism."

― Karl Marx, 1867, Das Kapital

That quote is almost assuredly bogus. We haven't tormented ourselves by re-reading sections of Das Kapital. Once in college was enough. This quote, though, has been making the rounds on the Internet, as if Marx and his minions somehow knew all this was coming.

Whether the analysis is accurate is a separate question from whether Marx ever wrote it. German is a torturous language to read in translation, full of compound sentences and words. And it's highly unlikely, writing in the late 19th century, that Marx would have referred to the working class buying houses and technology. The horseless carriage hadn't even been invented yet, much less the iPod, the BlueRay, or the George Foreman grill.

Nope. This is a clever bit of revisionism by some unemployed Marxist student or tenured professor trying to discredit the free market while rehabilitating the Marxist playbook. Marx did indeed say capitalism would eventually evolve into socialism and finally communism. He claimed it was riddled by contradictions which made the system inherently unstable.

But his theory was evolutionary, based on his views of human nature and a rational "homo economicus." Like Adam Smith, Marx was a materialist who defined wealth in terms of physical goods. Thus, his view of human nature is rather material too, which explains his atheism.

In any event, the Austrians (especially Rothbard) would point out that the boom-bust feature of capitalist economies is not inherent in the system, but is actually a product of the government's manipulation of interest rates. This changes the price of money and causes risk-taking entrepreneurs to miscalculate the underlying demand for their production.

Thus, you get a massive, credit-induced production bubble, global in scale with resources devoted to supplying a fictional demand. It happened with residential real estate in the U.S. and Europe. It's happened with commercial real estate in China. And it probably happened all along the commodity supply chain, as raw material demand increased for the production of finished goods made in China for Americans who bought on credit.

That isn't to say you wouldn't have normal cycles of growth and recession in an economy with natural interest rates. But in an economy with natural interest rates, the cost of capital would go up during a recession. Bankers would get more prudent with their lending as the market place sorted out which lending resulted in productive new enterprise and which businesses failed.

The bad investments would be written down and eventually new demand for capital from entrepreneurs would resume. At least, that's how the Austrians drew it up. Today, of course, we are engaged in the great global project of trying to prop up investments gone bad, whether they be in residential American real estate or the collateralised bonds based on that real estate that currently reside like dead weight on balance sheets all over the globe.

No amount of rearranging is going to improve the quality of those debts. But that won't keep political busy bodies from trying ― and wasting even more time and capital.

Stocks market in the U.S. were up overnight. Here in Australia, the blind are following where the deaf boldly lead. But is anyone listening? Or is everyone too busy hoping?

What we're talking about are Ben Bernanke's comments. The news headlines read that he predicted the recession will end later this year and the American economy will recover in 2010. But that's not exactly what he said.

Here exactly is what he said, "If actions taken by the Administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stabilityand only if that is the case, in my viewthere is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery."

If you wanted to put it another way, it might go like this: If our plan is successful to solve all the problems, then all the problems will have been successfully solved according to the plan.

How inspiring is that? Does it give you confidence that these guys have any idea what they're doing?

What the system needs is more instability, not less. That is, prices and asset values need to fall to their real level to restore confidence. In this sense, a proper recession is the cure for uncertainty and instability.

Yes, we know this is in direct contradiction to what elected officials are telling you. But think for a moment of a man who's done nothing but eat greasy and fatty foods for a year. He's on his deathbed. His arteries are clogged with fat and cholesterol.

Now you couldn't improve the man's health by telling him to feel better about himself. "C'mon big fella. Buck up! Have another cheeseburger. With bacon. And avocado. This whole being morbidly obese and killing yourself thing is all in your head. You gotta get your mind right!"

You could tell him all that. But it would be bad medical advice. In the same way, our financial mal-practitioners have mis-diagnosed the economy. Confidence is not the problem. Bad credits and loans are the problem.

You restore confidence when you directly address the problem. Investors get out of cash and back into shares or property when they have demonstrable proof that the banks aren't hiding/lying any longer.

Or, as Murray Rothbard puts it in America's Great Depression, "The completion of liquidation removes the uncertainties of impending bankruptcy and ends the borrowers' scramble for cash. A rapid unhampered fall in prices, both in general, and particularly in goods of higher orders (adjusting to the mal-investments of the boom) will speedily end the realignment processes and remove expectations of further declines."

But instead of realigning with economic reality, our policy makers are acting as if it is possible to sustain all the bad investments made during the credit boom. They want to save homeowners, shareholders, bondholders, and pretty much anyone who stands to lose from the risks gone bad.

That is not possible. Someone has to pay for the bad bets made in subprime loans, Eastern Europe, or the developing world. That someone is probably a) the guy who took out the mortgage he can't repay, b) the bank who made the loan to the guy who took out the mortgage he can't repay, c) the investor who bought the bond sold by the bank who made the loan to the guy who took out the mortgage he can't repay.

Evading responsibility for one's actions doesn't solve anything. Making other people pay for them doesn't help much either. Of course we're all going to pay for it one way or another, through more bailouts or the general contraction in credit and growth that has to come during the "realignment process."

But those appear to be the two choices: allow failure, which allocates resources from the bad debts and losers to those who can produce real wealth. Or, try to "stabilize" any inherently unstable situation (perpetuating asset values after the credit spigot has been turned off).

Not that we're absolving market institutions for getting us into the problem. The credit ratings agencies essentially sold investment grade ratings on issues they didn't or couldn't understand. AIG sold default insurance on CDOs to make an easy buck. It's now become a black hole for taxpayer capital.

But that is fictitious financial capitalism at work, or at waste if you prefer. That kind of financial capitalism is dead, and good riddance. But don't mistake that episode of mismanagement and theft for conclusive proof that "capitalism" has failed. That would be a big mistake.

The Collapse of Big Cities, Big Government and Subsidies

First of all, I really believe that we have another FDR on our hands. Obama is a superb orator. With those teleprompters at hand, he is an absolute master. He has a deep, resonant voice, is extremely intelligent, and can read those speeches with total ease and composure. His speech Tuesday night was masterful in its delivery and composition. Exactly like all the great orators in the past, who said nothing with great aplomb. Obama told America and the world that he was going to cut the deficit in half, all the while proposing more and more spending and bureaucracy. In his campaign speeches, he said that he was going to not allow earmarks, but the spending bill before him has 8600 earmarks in it. His speech was an incredible exposition of pure BS. The Republican rebuttal was so pitiful as to be embarrassing. Bobby Jindal may be smart, but he isn&rsqu o;t an attractive man, is a terrible speaker, and even with coaching, he would never be able to compete with Obama's oratory. If he is going to be the "up and coming" Republican man, I'm re-registering independent. Sarah's my gal.

I am not trying to be an alarmist, but I am worried about a lot of things. I just have to imagine what the chain reaction of the current downhill slide of the world's economies can bring. Here's what I imagine can happen in years to come:

Pensions will go bankrupt or be a shadow of what they were before, causing millions of retirees to be broke and maybe even hungry, with no recourse. Top stocks and gold will probably cross at about 3,000. Robberies of banks and citizens will increase many fold, and make the streets of big cities dangerous. The danger will cause movie theatres, night clubs and restaurants to do poor business because of citizen fears of venturing out at night. Cars not in garages or in some way protected, will be subject to theft, break ins or stolen tires and parts, especially in big cities.

With the populace unable to pay millions of mortgages, arson and fires of foreclosed or about to be foreclosed homes will be rampant. Many of the elderly may resort to arson, in an attempt to become solvent enough to rent an apartment till they die. Fire and police departments, especially in big cities, will be run ragged. Insurance companies may refuse to renew in large cities or in certain neighborhoods, as they have done in Florida and New Orleans already, due to the hurricane damage possibilities. Remember; an insurance company will never insure unless there is little chance of having to pay.

Mexican illegals will continue to go back home, since they will be unable to find work here. Broke Americans, rather than starving, will gladly do any sort of work in fields or other places, to eat and stay alive. Unions will find their memberships declining drastically, and many will simply cease to exist. Travel and tourism will decline to the extent that many attractions, cruise lines, and amusement parks may become bankrupt or cease to exist. Citizens will arm themselves and not hesitate to shoot robbers breaking into their homes.

Many will grow their own vegetables in home gardens, to save valuable dollars. Oil consumption will stay low, and maybe even go lower, due to the lack of travel. Church attendance and offerings will decline, due to the poverty of memberships. Service club membership, such as Kiwanis, Lions, and Rotary will decline, and many individual clubs will cease to exist. Travel agents will close their doors by the thousands, as will restaurants, clothing stores, auto dealerships, and chain stores of many things, because of their requiring a percentage of the operator's gross. Why pay 7% or 10% of a store's gross, just to be able to use the parent company's name?

The big cities, with their large numbers of out of work minorities, will become extremely dangerous places to live, and there will be an exodus to safer, small towns, by those who are able, even if it means selling a big city home at a sacrifice price, just to be safe. The infrastructure and utility providers in big cities may become insolvent or fraught with vandalism. Out of work minorities won't be able to pay utility bills. Without electricity, gas, or water, even for a short time, life can be extremely difficult, and especially in a high-rise building or multi-storey apartment.

Before You Trade FOREX, Read This Best Stocks Report For 2009

Some resourceful traders are finding ways to make between 23.4% and 100% a week ― without ever buying or selling stocks.

What are they doing?

Put simply, they're making a fortune trading FOREX options.

And as a loyal Penny Sleuth reader, we'd like to help you get into the game. To help you get started, we've found a way to get you in on six free months of a new, aggressive FOREX options trading research service…

How would you like six free months of our newest, aggressive options trading research service?

No kidding.

With gains like 100% overnight,23.4% in 48 hours, and 70% in just 4 days already in the books ― six full free months could make you wealthy. And who knows? Six full free months could even put six figures in the bank.

What you're about to read is that important.

In fact, I expect my number of readers to double.

Hundreds have already jumped on board with what I'm about to show you.

You can join them � and start getting the chance at gains like 100% in one day, 33.24% in just a week, and 70% in only 4 days.

I'll explain exactly how you can claim your six free months at the end of this letter.

Nobody gives anything away for six months, especially if it's going to make me bunches of money. I bet that's what you're thinking.

I understand how you feel. What I'm about to reveal might shock you…it also stands to make you very, very rich this year.

Give me just three minutes of your time, and I'll show you why I'm actually thrilled to give you 6 full months of options picks for FREE.

The Forex Strategy The Pros Use � Yours FREE For Six Months � Quick, Safe, Fast Gains For The Taking

The best Forex (FX) traders make huge gains no matter if the markets are up or down.

In just a moment, I'll show you how I've recently enjoyed tremendous success and produced gains like ―

33.24% in a week

23.4% in 48 hours

Even 100% in one day

Those profit plays were among a handful that went to a select group of test readers. If you act today, you can join them risk-free.

How's that sound?

I'll even introduce you to folks just like you who receive my step-by-step recommendations.

They aren't FX experts. They aren't Wall Street pros.

They're everyday people who're making repeatable and huge gains.

And what I'm about to show you is safe. It's fast. It's fun. And it's easy.

However I have to warn you, if you're interested in what I'm about to reveal, I must hear from you today. Because I'm offering 6 FULL MONTHS…for FREE. I'll explain how in a moment. All you have to do is claim it at the end of this letter…

First though, I should give you the background info. Including how easy it could be, with the right FX plays, to start making your own fast, repeatable profits.

Here's How YOU Could Make Easy Forex Profits

On Monday, Oct. 27, 2008 ― at 1:17 P.M., I sent a short email to my select group of testers. In this email, I recommended one simple FX trade.

If they wanted to take advantage of my recommendation, my testers didn't need any special knowledge. They never even had to look at a chart.

I laid out my case slowly and simply ― in a few words.

Even better, my testers don't need a special trading account. And they don't need to go through some complex brokerage to execute the recommended trades.

So how did my select group of testers fare with my simple recommendation?

I gave the sell alert via another simple, easy-to-follow email.

All I do is open up the world of FX trading to anyone who wants to take part ― and see some fast gains.

In fact, I've been perfecting my methods for over 15 years.

So rather than getting started with the FX markets by spending money for some course you see on TV, you could be making money with specific plays just days from today.

I'll prove it to you in just a second.

By now you're probably wondering how I made 100% in just over a day.

My secret is simple. And it could change your life forever...

Safe FX OPTIONS Maximize Profits

You know how with top stocks you can buy a call option if you think the price will go up? Or buy a put if you think the price will go down?

I can safely and easily play lucrative options on six major world currencies ― the British pound, the yen, the euro, the Swiss franc, the Australian dollar and the Canadian dollar.

These currency options I recommend trade on the Philadelphia Stock Exchange. You can play FX options just like an option on a normal old stock.

Options are a great way to trade FX with strict minimum risk and very little starting capital.

Now here's the best part...

Even if everything I just said is Greek to you ― you can still get started with FX options.

And you could start raking in some serious money in a hurry.

How?

It all goes back to my simple strategy ― just like I described in the emails I send to my testers.

Here's my philosophy on FX options in a nutshell: I do all the work. I tell you what I think the best play is. You decide whether to execute that play for maximum profits. That's all there is to it!

In just a moment, I'll even show you my entire strategy for picking the best FX options plays ― from start to finish.

I'll introduce you to my group of testers. They've been receiving my simple emails and raking in huge gains in just days...

And I have more exciting plays in store ― plays I want to share with you, starting today.

Remember though, if you're interested in what I'll show in the next few minutes, you must take action today. I can only offer 6 FULL MONTHS FOR FREE for a short period of time ― because I'm staking a lot just to send you this letter today. I'll give you the specifics in a moment.

To help you reach a decision, let me show you more about how I make such impressive FX options gains so fast...

FX Options Let You Control Your Profit Potential

On Nov. 4, 2008, I sent another one of my simple emails to my testers.

I recommended Eurodollar puts.

It was a bet against the value of the euro versus the U.S. dollar.

I told them exactly what they should pay for each option contract, and exactly the steps they needed to take if they wanted to put the trade into place.

Then, on Nov. 6 ― just two days later ― I sent another of my simple email alerts, complete with a specific recommendation to exit the position.

My readers could've walked away with up to 23.39% in gains. In just two days.

Gains like this are much faster and easier than what you could get with hot stocks.

Sadly, most people only invest in stocks.

I'm sure you know how that's turned out this year...

The Dow Jones Industrial Average is down about 40% since its highs in Oct. 2007.

It's not uncommon nowadays to see volatile swings of 4-5% or more...in a single day.

Faced with all the current pain on Wall Street...

...11.65% per day ― for a total of 23.39% in two days ― well, it looks pretty good, right?

Of course it does. FX options give you a chance to make money no matter what's happening on Wall Street. In fact, FX options can actually become more lucrative as stocks price fall!

That brings me to what could be the biggest benefit of FX options.

Why I Haven't Bought a Single Best Stock in The Last Ten Years

I haven't bought a single best stock in over 10 years. Why?

I can make huge gains, sometimes 100% or more in a day, with safe, simple FX options plays.

FX options let you remove yourself from the world of earnings reports and CEO hype you see in the stock market.

FX options return gains to you because of "big picture" trends anyone can understand. You just have to know how to choose the best options...

For example, say I buy a stock. I hold that stock and it goes up. Sometimes, I have to wait years for the stock to go up so much that I can actually make a nice profit by selling it.

Or...the stock could go down. Which is essentially the same as flushing hard-earned money down the drain. Because all sorts of things have to happen for the stock to start going up again.

That's pretty much it for stocks. Two basic outcomes.

OR...I could completely remove myself from the nastiness on Wall Street.

I could scoop up all my money and leave the table. Walk right out of their game and never look back.

That's exactly what I did a few years ago. I'll tell you my whole story in just a moment...including why I LOVE the fact I haven't bought a stock in over 10 years.

See, what I did is turned to something safer, even more liquid, and a lot faster to make the gains I want.

And it's exactly the power I want to share with you today.

Because people who buy and hold stocks ― you know they're getting hurt pretty badly right now.

Retirements are on the line. Pensions are being destroyed. People's lives and futures hang in the balance.

I feel badly for those folks. I truly do.

Because it doesn't have to be that way.

There's a safer way ― a way to make 100% in one day, or 23.39% in just two days, as I've shown.

And it's simple. It's not tricky. You don't have to be a "pro." You don't have to look at one single chart. You can simply follow my specific recommendation and wait for the gains to roll into your account.

I believe with everything I am that FX options are a way for regular people like you and me to see big money, sometimes overnight, in the largest and most lucrative market on the planet.

The FX market.

So far I've shown how I make my big gains, where I make them, and why they're the best type of gains in the markets today.

But I'm just getting started with the benefits to FX options plays.

I have so much more to show you.

Including the feedback I've recently received from some of my test readers.

In a moment, I'm even going to give you the chance to join them. But I can only keep my group open for a short time.

Why?

So if you're interested, you're going to have to act fast.

But that's later...because I want to share with you a bit of my personal philosophy. If it doesn't prove why FX options are the best place to make big gains, I don't know what will.

Plan B Pension Programs

If you've been paying any attention, you know that world we knew is unraveling. Despite the government's efforts to convince you otherwise, you know that the weight of all the bad decisions can no longer be borne.

The world is becoming a scarier place, especially in terms of your financial survival and hence your physical comfort and security.

But it doesn't have to be that way. You owe it to yourself — and to those who count on you — to guarantee a source of income, no matter what happens to the value of your assets or to your job.

As you know, we don't like dependency around these parts. We don't think anyone should rely on governments, nor the corporations that conspire with them.

If you think that maybe you shouldn't be counting on Social Security or your 401(k)...and you think that guaranteeing a your retirement income is your own responsibility...

Suppose you could collect up to $120,000 in work-free 'paychecks' every single year.

Even if you're retired. At any age. And for as long as you like.

What I'll show you is that, thanks to a few little-publicized opportunities, now you can.

What's more, you can even pass this steady stream of annual cash that I'll introduce you to... to your spouse, to your children, even to your grandchildren.

In fact, many of America's richest families count on these "plans" to do exactly that for their own loved ones. What exactly are we talking about?

This technique goes by many names. I call it the "Plan B Pension."

As I said, this strategy rarely grabs the big headlines.

Even though it's the best "little-talked-about" retirement secret I've ever come across.

I'll show you how it works over the next five minutes. I'll also reveal why right now, in the midst of the greatest market shakeout since the 1930s, this may be the best time in history for you to take a closer look at this secret.

Why? For one thing, "Plan B Pensions" have a proven track record over time.

They can easily outclass classic fixed-benefit pensions on reliability.

They can nearly double your market performance.

And "Plan B Pensions" give you many, many times more options for rebalancing your portfolio in a shifting market than you'll see in either the classic plans or more modern versions, like the 401(k) approach.

What's more, unlike those better-known approaches, with a "Plan B Pension," you'll never butt your head against age limits, withdrawal penalties or participation restrictions.

As long as you enroll, you can participate.

You don't have to work for anybody to get in.

You don't have to give away a piece of your paycheck every month either.

Once you set up your "Plan B Pension," it starts running itself.

You can start getting checks issued in your name every 12 days, on average. And getting this ball rolling can be as easy as opening a savings account.

In fact, I'll show you six different "Plan B Pension" programs you're invited to join right now. I'm not personally affiliated with any of them. But after a lot of research and analysis ― all of which I'll share with you ― these six moves are easily the best "Plan B" opportunities you'll find on the market today.

The report that details each of these six moves is yours to send for, at no charge. You can download it right after you read this or I can mail it to you. I show you how to set that up at the end of this letter.

And by the way, you don't need a lot of money to get started.

You can get into some of these "Plan B Pension" programs with as little as $10.

And once you're set up, you could be collecting as many as 38 "Plan B Pension paychecks" each year... with your first in this lifelong stream of cash windfalls arriving in as little as two weeks from today.

Like a classic fixed-benefit pension, these checks can keep coming for as long as you need them... and long after you retire. And like a 401(k), with "Plan B Pensions," you can also get "matched" gains... where the "plan" owner actually kicks in some extra cash with each payout, just to reward you for participating in the "plan."

This chart shows how "Plan B Pensions" compare...

In some of these "plans," you even get the chance to own shares in the best stock investment you've chosen at a fat discount to what others pay on the open market. That's like getting an instant gain, the day you buy shares. It's also a special "perk" reserved only for members of these "plans."

What's more...

You Can Collect "Plan B Pension" Checks as Often as Every 12 Days

Even if you just stick with the six "Plan B Pension" opportunities I'll reveal to you... over the next five minutes... that alone could start you off with checks as frequent as every 12 days.

Let me show you more of these opportunities and you could start collecting even more often... and with even greater results. I'm ready to give you my research right now.

In fact, I'll send you the details on the six "Plan B Pension" moves I just mentioned at no charge. Just as soon as you give me your permission. Details on that in just a moment.

But first, let's take an even closer look at how doing this ― using a "Plan B Pension" ― can give anyone an advantage of the much more common moves most of us are used to.

Take, for instance, the classic "defined-benefit" pension plan.

You know how these work. Or at least, you do if you've got a good memory. Because, you see, these same classic company pensions ― given out like golden parachutes to parents and grandparents ― have all but disappeared today.

In just the 10 years from 1994�2004, the total number of defined-benefit pension plans fell by half ― from 59,000 to just 28,000. Today that number is even lower, with more old-school pensions set to get wiped out over the rest of 2009.

The idea of getting a "fixed-benefit" check for life was great. But a benefit that disappears when you need it is no benefit at all! Anyone who worked years for the promise of a classic pension got rooked. And now a lot of these people face hard times ahead.

The same is true if you were "duped" into accepting the modern-day alternative, the so-called 401(k). You know these plans all too well, I'm sure.

About 30 years ago, companies came up with 401(k) plans because they seemed like a great way to slash exposure to classic pension obligations... while giving employees a chance to manage their own retirements.

Guess what happened.

Today, top economists are calling 401(k) plans a "failed experiment." And The Wall Street Journal recently reported that today's credit crunch has already wiped out over $2 trillion in these 401(k) accounts alone ― with more big slippage to come!

Over 60% of Americans depend on 401(k) plans for retirement. Many have seen them lopped in half, with little time left to make up the lost ground.

What's more, with these more common kinds of plans, you can easily get stuck putting your eggs in only one basket, if you've worked with only one employer. Or two or three, at the most, if you've put in the years at more than one job.

Best Preferred Stocks of Energy To Invest

Don't get too comfortable with oil's low price.
It won't be around for long.
You see, I recently polished off the IEA's 578-page World Energy Outlook.
The annual report details all things energy:
How much we used
Where it came from
How much we're expected to use over 1, 5, 10, 20 years
From which countries and how much from each, and much more
You get the point. It's extremely thorough.
But as I show you in our new report below, it's not what they included that's terrifying. It's what they omitted.
And that glaring error could easily turn into the greatest investment opportunity of the decade.
In fact, investors already pocketed 34% gains within a week - using the same information I'm sharing with you.
Trust me. You don't want to miss this one.
Every November, the International Energy Agency (IEA) releases its World Energy Outlook report.
The 578-page document blueprints exactly where our future energy sources will come from and when - for leaders and elite investors around the world.
And they read it for good reason...
Since its inception, the findings within the pages have been so accurate that the annual report reigns as "the authority of energy analysis and projections."
In fact, many people today trust their report without question.
I just finished pouring through my copy.
It was handed to me after a fellow geologist, with first-hand experience in the Canadian oil sands, pointed out a shocking error - one that guarantees an imminent spike in the price of oil.
In short, the report claims that:
"Thanks to ever-dwindling supplies in the Middle East, the world will rely on Canada as the largest oil producing country by 2010."
It's been their same projection since 2006.
But there's just one problem.
The World Energy Outlook forgot the other half of the story...
You see, what you won't read in the report is that many of those companies we will rely on have already halted production in scores of their fields.
They were forced to postpone production as the price of oil crashed into the unfeasible $30 range.
Many projects, projects that were expected to seamlessly come online within weeks, are now months - even years - behind.
It's a supply and demand bottleneck we can't stop. And it's guaranteed to once again launch the price of oil violently back to the $140 plus range... very soon.
That's a 250% increase from what we're paying today. And that's a conservative estimate.
The good news is that we also, very recently, uncovered a secret investment - which most Americans know nothing about - that could hand you 500% gains as this spike hits.
And the best part is that it's not related to risky exploration or production companies, either. Instead, it's directly - dollar for dollar - related to the price of oil. Only this gem pays you DOUBLE the gains!
In fact, investors using this blockbuster already pocketed 34% gains - in the last seven days as oil popped 17%!
I've written this letter to give you every last detail on exactly how it works. But first, let me quickly remind you...
How The Smallest Supply Crunch Could Make You Filthy Rich
As you know, four years ago, a pair of hurricanes blitzed our Gulf Coast's oil and gas refineries, forcing our production to a crawl.
That instant, Americans witnessed the unthinkable... oil prices launch from $50 to over $70 per barrel.
It was the first lesson in a cold, hard truth... and what should have been the investment eye-opener of a lifetime.
We learned first-hand exactly how sensitive we were to the tiniest interruption - or even threat of interruption - in our supply.
And it broadsided almost everyone.
In fact, month after month, most so-called experts all over TV, from the CNBC analysts to Dick Cheney... even most Americans foolishly believed everything was fine. And that the price would soon tumble back down.
They were so confident that everything would immediately pan out that they did nothing. And it cost them - quite possibly the opportunity of a lifetime.
Do you remember where you were when gas suddenly hit $4.13?
Most of us sat back in shock and awe as daily gas prices became so painfully expensive that we were forced to cancel holiday and summer vacations... Going out on weekends turned into USA Channel reruns of Monk on the couch... And we only filled-up our tanks just enough to make it to and from work.
But not everyone...
You see, one small group of investors saw it coming from the start. They knew exactly how to play this "bottleneck."
And they played it for everything it was worth... churning winning trade after winning trade.
I'm talking about everyday investors - people like you and me, working long hours just to pay the bills - who saw it coming, suddenly found themselves collecting dozens of massive payouts, the likes of 33% in three months... 156% in 9 months... 611% in 6 months... 1,014% in 17 months... etc.
People like Norman Wilson, an insurance salesman and father of four, who turned a small $10,000 into $61,900 on just three plays during the bottleneck.
And then there's Bill Walker, a machine worker. He used this amazing opportunity to rapidly spin $15,000 into $65,400.
Even school teachers like Lee Davis took advantage of this opportunity and raked in a cool $12,500 profit - in a single week.
They didn't just take the safe - and highly profitable - road by investing in oil futures either... they took advantage of the scores of oil companies, spreading like wildfire, to our northern borders.
And their timing was perfect. Shortly after their positions were already secured:
Canada.com declared - "Energy Stocks Drive TSX Higher"
Fortune Magazine printed - "Canada's oil sands remain alluring as a future source of crude. Suncor (Research), the pioneer of Alberta's booming industry, has returned 142 percent since we recommended it."
Forbes noticed - "Gurus Fill Up With Oil And Gas Stocks"
Bloomberg reported - "Canadian Top Stocks Headed For Best Weekly Advance In Three Months... Led by materials and energy producers"
And with an estimated 1.5 trillion barrels locked under their soil, and oil prices skyrocketing faster by the day, Canada's low-priced outfits suddenly became the hottest investments since Exxon.
Investors in companies like Suncor, Grey Wolf, UTS, Conacher and many more - companies sitting on oil resources that we desperately need to come online as early as 2010 - easily raked in 200%, 300%, even 1,000% gains in a matter of months, as oil prices skyrocketed beyond $147 per barrel!
But By The Time The Easiest Money Was Made, Most Americans Catching On Found Themselves S.O.L.
Sadly, it took oil prices to break over $100 a barrel before most investors started realizing that they could have made an absolute fortune.
They missed the boat.
And those earlier investors - the ones who caught the first stages of a run - the ones who knew where the profits would be juiciest, started cashing out at the peak, just as our banking and economic crisis cranked into high-gear.
Then, of course, the weakened world-wide economy acted as the final bulldozer that toppled July's high of $147 all the way down to $33 a barrel by December 17th.
And while the average American rejoiced that - at the very least - gasoline was "affordable" again... something much more tragic - and much more profitable quietly unfolded.
You see, thanks to prices becoming too low, many of Canada's oil companies - resources that would supply crucially needed oil for the U.S. and rest of the world in a few months - couldn't stay in business.
And we need that oil, like a junkie needs his fix.
In fact, the U.S. depends on AND imports more oil from Canada than from Saudi Arabia, Kuwait, Libya, and Iraq - combined.
But one by one, we started finding major oil projects temporarily closing up shop. Drilling and refining stopped. Exploration and testing lost all capital. And their share prices ultimately plummeted.
Just to name a few examples:
StatoilHydro recently yanked the rug from under a $12 billion project in Canada's Peace River.
Both Nexen Inc and Opti Canada Inc were forced to halt advancement on major projects in Alberta.
Suncor, Canada's oldest oil sands operator, was forced to cut its spending by 33%, thanks to lack of profitablility with the current extremely low prices.
Oil giant Dutch Royal Shell's stopped work on several of their Canadian projects until prices regain strength.
The major partners in the proposed $24 billion Fort Hills oil-sands project in northern Alberta - Petro-Canada, Teck Cominco and UTS Energy - announced they may defer a decision to build an upgrading refinery northeast of Edmonton.
The list goes on.
As I mentioned earlier, within months, precious deposits of oil - even locations that were set to come online within weeks - are now months behind.
Some are trading now for a 90% discount.
But ironically, these outfits just created a powerful, self-fulfilling prophecy... an unstoppable bottleneck guaranteed to launch oil prices - very soon - through the roof.
And it's already started.
Your Second Chance To Ride One Of The Most Profitable Bull Markets In History
Don't let oil's current low price fool you this time.
Thanks to an already guaranteed shortage -- just around the corner -- these low prices won't be around for long.

Get Rich on Chaffee Royalty Programs

Doing nothing while collecting royalties has to be one of the best ― and easiest ― ways to get rich. For instance, David Sengstack does nothing and collects royalty paychecks of $2 million per year... just because his dad was smart enough to buy the commercial rights to a song you've sung a hundred times, "Happy Birthday to You."

Michael Jackson does nothing and collects royalties every time a Beatles song plays on the radio (he bought the rights years ago). But Paul McCartney ― now a billionaire ― does nothing and collects even more on the 3,000 song rights from other artists that he owns.

Paul Newman made plenty acting. But licensing his name piles up even more donations for his favorite charities ― over $200 million so far ― from royalties on the Newman's Own food line.

Even boxer George Foreman does better doing nothing than he did fighting in the ring, thanks to the $137 million royalty checks he gets for lending his name to a grill.

No wonder the world's richest investor calls collecting royalties the best business in the world. It's literally one of the easiest ways to do nothing and "make money while you sleep."

What might shock you is that there actually IS a way for anybody to tap into a pool of growing royalties... wealth that piles up by itself... that, ultimately, could be worth more than the entire Beatles catalog, all the commercial rights to "Happy Birthday," and the total value of the top 25 most expensive works of art in the world... combined.

And you can set it up in less than five minutes.

I call it the "Chaffee Royalty" program, after a former schoolteacher and wealthy American millionaire, Jerome B. Chaffee. Just like people who make a living collecting royalty checks, you don't need to do anything once you've tapped into the program.

You just sit back and watch the money pile up.

8 Americans Who Just Cashed in on "Chaffee Royalties"

Even though I'm almost positive you've never heard of "Chaffee Royalties," some of America's wealthiest families have ― though by another name. In fact, it's a secret that's made more than a few Americans exceedingly rich.

Robert Friedland made millions of dollars when his "Chaffee Royalty" holdings jumped in value from $4 to $167 in just two years

George Hearst borrowed the $3,000 he used to buy his way into "Chaffee Royalties" in Nevada. Within months, his stake had grown to $91,000 ― money he used to buy even more royalty rights, which ultimately launched his empire

Jim Fair, a former Illinois farmer, got so rich with his "Chaffee Royalties" he was able to hand his daughter a $1 million check as a wedding present

William O'Brien earned enough from his "Chaffee Royalties" to make him one of the 100 richest Americans of all time

Former California carpenter John Mackay scraped together $500 to buy his first share in a "Chaffee Royalty" program. He made enough to build a mansion surrounded by 70 acres of land and formal gardens for his son

E.J. "Lucky" Baldwin parked his last $800 in "Chaffee Royalties" while living in Virginia City, Nev. By the time he was through, he'd piled up royalty wealth worth over $5 million

James Flood, who came to the U.S. with next to nothing, got so rich on "Chaffee Royalties" he was able to build a beautiful sandstone home on top of San Francisco's famous Nob Hill. It's still there today

Then there's Stanley Dempsey. A lawyer who quit law and put his money into "Chaffee Royalty" contracts now makes his living collecting on 23 different streams of royalty income. Forbes even featured Dempsey and called his fortune "virtual gold," since he barely has to do or run anything to keep the money rolling in.

But there's no reason you can't collect anytime you like.

In fact, now that these "Chaffee Royalty" programs trade directly on the stock exchange, you can get in anytime you like. And with the right timing, you can get in at a very good price. And then start seeing gains from "Chaffee Royalties" immediately.

This is the situation we're in right now.

Which is why I'm writing you today.

See, in 2002, one of the most impressive "Chaffee Royalty" opportunities of all time closed its doors to new funds, just after delivering a 50-to-1 payoff for its earliest "members."

Today, that opportunity is back.

And for reasons I'll share, the timing now is better than ever.

What's more, today, there's more than one way to lock into "Chaffee Royalties." And one of those options, according to research that took me nine months to pull together, could pay out even better than what was once the most profitable "Chaffee Royalty" opportunity of all time.

We'll get to those details.

But first, let's start at the beginning...

The "Chaffee Royalty Program" That Changed America

Jerome B. Chaffee didn't make enough as a schoolteacher. So he took a job as a sales clerk in a dry goods store. Then he took that money and started a dry goods store of his own.

When that wasn't enough, he packed his bags and went to Colorado in 1860.

See, Colorado then ― as right now ― was mineral rich. And even though Chaffee knew next to nothing about mining, he saw the possibilities. And started snapping up the "royalty rights" on as many gold and silver claims as he could afford.

Every time one started to pay off, he bought more. Until he had a business making between $300,000�500,000 per year ― or as much as $17.3 million today.

Suddenly the ex-schoolteacher was very rich. And powerful.

Chaffee took up politics, pushing for laws that would lock in the same kinds of opportunities for everybody. He even went to Washington and became a senator ― and a friend of the president, Ulysses S. Grant.

Chaffee's own daughter even married the president's son, Ulysses S. Grant Jr.!

In 1872, Grant expanded on protecting the resource rights that Chaffee championed by signing the General Mining Act, a law that still safeguards mineral rights today... has already created countless American millionaires... and helped blow open the gateway to the American West.

"Chaffee Royalties" let you tap into rich mineral rights more easily than so many others did years ago. You don't need a lot to get started. In fact, you do practically nothing. Even as the rich resource wealth piles up.

I've done all the legwork already. It's written up in my newest research report, Big Mining Money Without the Big Risks: How to Build Resource Royalty Wealth While You Sleep.

You cannot buy this report anywhere. However, at the end of this letter, I can show you how to download your own copy very easily. Inside, you'll find details on why now is easily the best time in history to make money tapping into "Chaffee Royalties."

I then go ahead and name for you my top five favorite ways to get started, including the No. 1 "Chaffee Royalty" opportunity available today.

And getting in right now won't cost you more than about $6 per share.

Almost Nothing to Get Started. . .Provided You Act on This Quickly

The better known these "Chaffee Royalty" opportunities become, the faster the entry price goes up. That's just the way they work. Simply because new capital lets them add even more rich royalty streams, increasing the value of the program for shareholders.

For instance, in my report, I tell you about one royalty-collecting group that let in new "members" for just $3 per share as recently as June 2005. But as royalty assets grew, so did the cost of entry ― up to $19 per share today.

That's a 530% return if you got in early. I see it going still higher, but the longer you wait, the more of these gains you'll miss out on in the future.

Then there's another one of these unique "Chaffee Royalty" opportunities I name in the report that first hit the open market at just $1.10. As of this writing, it's already asking new "members" for $32 per share. That's a solid 2,809% return so far ― turning every $5,000 into well over $140,000.

While I see still more ahead, this, too, is far from the best gain I expect you to have the opportunity to make. In fact, one of the most famous "Chaffee Royalty" plays of all time ― which I'll tell you about in detail in just a second ― soared from just a few dollars per share to more than $180 per share before it was through.

Anyone with the luck to get in early had the chance to make as much as $50 for every $1 invested ― or $250,000 for every $5,000. And then, in 2002, this particular "Chaffee Royalty" miracle closed its doors to new investors.

As you'll see, it's back again. And already piling up new royalty stream income for the new wave of shareholders. You can easily move on this right now. But before you do, let me show you a way I believe you can do even better than by revisiting any of these already time-tested "Chaffee Royalty" moves.

Again, it's all in my new report, Big Mining Money Without the Big Risks: How to Build Resource Royalty Wealth While You Sleep.

So why haven't you heard of "Chaffee Royalties" before?

Because most mainstream headlines don't look deep enough into the deals to discover them. At least, not until the early opportunities are long gone.

As an ex-commercial banker who used to handle $400 million contracts for breakfast, looking deep behind the scenes... for Special Situations like this... is my specialty.

That's what first got me looking into "Chaffee Royalties" as a unique new way for investors to get very rich. It's also what has me convinced, along with some very smart and very rich investors, that this may be one of the best undiscovered ways to "make money while you sleep" available today.

But there's something else...

Because today, with the massive global credit crisis... soaring energy costs... and the systematic destruction of your dollar-denominated savings... this is also the best market ever to start looking at these "Chaffee Royalty" programs as a way to build wealth.

Why? I lay it all out for you in my new report, Big Mining Money Without the Big Risks: How to Build Resource Royalty Wealth While You Sleep, which can act as a valuable "primer" on exactly how to tap into this new wave of royalty-backed riches.

Here's a glimpse of what you'll find...

Big Mining Gains Without the Usual Big Risks

All the value in "Chaffee Royalties" is backed by real resource wealth.

Oil. Gas. Gold and silver. Copper. Nickel. Diamonds.

But the beauty of these royalty streams isn't just the hard asset value that's behind them.

Instead, it's the fact that... as you watch the wealth pile up... you do it with none of the major risks that most mineral and hard asset investors face.

How so?

That's the unique opportunity with "Chaffee Royalties."

They're designed to deliver all the upside of the world's rich mineral wealth. But without passing on any of the major exploration, management or environmental costs of mining or drilling to the end shareholders.

Imagine, for instance, if you could own a "piece" of Apple's iPod sales... without paying a nickel toward the operating costs, research or advertising.

Imagine if you could collect Google's ad sales... or Exxon Mobil's oil revenue... without forking over for employee salaries, building and maintaining headquarters, or any of those other costs that typically nickel-and-dime shareholders out of gains.

"Chaffee Royalties" let you do that, backed by pure gains on some of the most valuable mineral and other raw resource deposits in the world.

No Better Time Than NOW to Take Advantage of "Chaffee Royalties"

Right now, resource companies are lining up to swap some of their gross profits for these royalty programs. Why would they do that?

It's simple.

See, right now, the global credit crunch is just one of the forces destroying the U.S. dollar. And that, plus unstoppable Asian demand, has sent the value of gold... silver... copper... nickel... zinc... lead... and just about every other mineral asset you can name... soaring.

That's great for anyone who produces or sells those resources.

Trouble is, as energy prices go up, so do the operating and production costs for the miners. So if they want to expand to capitalize on the resource boom, they need money.

Usually, that money comes from the banks. But the banks don 't want to make any new loans today. And the resource companies themselves ― like Barrick Gold and Newmont Mining ― just don't have the cash flow to take up the slack.

So they turn to the royalty companies instead, trading big loans for future profits on the huge piles of resources they're drawing out of the ground.

As long as the minerals keep coming up... and the market keeps begging for more... these royalty companies and their program "members" get rich, without ever owning an inch of dirt or worrying about running the actual mining business.

It's that simple. And right now may be the best time in history to be a part of the "Chaffee Royalty" trend. Even the Financial Post recently reported:

"Today, the last thing many investors want is operating control. Mining companies are fighting staggering capital cost increases due to soaring demand for labor and equipment, as well as fuel and power. The beauty of the royalty model is that it gives investors all the exposure on the revenue side and none on the cost side."

The Financial Post went on to say, "[Chaffee Royalties] are the low-risk way to play the mining game" and the "ideal way to get lower-risk exposure" to gold, energy and other resource wealth.

No work. No major worries. No management.

Just royalty riches.

Green Chip Stocks: New Buy Recommendation

It was about 3 PM on July 28th, 2006 when I touched down in Boise, Idaho.

After I checked into the Marriott, dropped off my luggage and freshened up, I was escorted to downtown Boise, where I was to meet the top brass of my latest blockbuster renewable energy play.

I met them at the Basque restaurant Leku Ona, which means "good place."

I was pretty excited to meet the officers of the company because single-handedly these guys sealed the deal to construct and operate the first-ever geothermal power plant in the state of Idaho. This is huge considering the DOE ranks Idaho 3rd in the nation in potential geothermal energy capacity. Only California and Oregon are bigger.

So I knew these guys were top-shelf, all the way.

As an aside, if you're ever in Boise, go to Leku Ona. It's one of the best restaurants in the city. Be sure to try the paella. It's served in a metal skillet, where saffron-spiked rice mingled with tender pieces of rabbit, chicken breast, small pork ribs, sliced chorizo and sweet bell pepper. Delicious.

Now, the next day - on Saturday, July 29, I attended the groundbreaking ceremony at the site of the new power plant, which is situated in a town known as Raft River.

Raft River is the most unlikely place to find the early stages of the American geothermal revolution. It's a jerkwater outpost that's a 3-hour drive from Boise. When I say "jerkwater" I mean this place is isolated from civilization. I counted only 6 residential homes and just one diner on our way in.

But I couldn't have cared less. This was an historic day for the state of Idaho and for the entire geothermal energy market.

You see, the geothermal power plant at Raft River would soon become the only geothermal power plant in the state of Idaho. So this tiny $0.80 company had a virtual stranglehold on the Gem state.

And this was huge. Why?

Because according to the U.S. Department of Energy, the Raft River region has an estimated capacity as high as 1,000 MW.

That's enough to provide for roughly 1 million households!

Ironically, according to U.S. Census data, there are only about 370,000 single-family homes in the entire state.

So Raft River could potentially provide for nearly three times as many single-family homes in the entire state of Idaho!

And were talking about a mountain of cash in return. This one single project has a potential worth of about $140 million in annual revenue!

Now here's the best part...

At the time, this thing was so far below the radar, hardly anyone even realized it existed. Sure, top institutional investment firms sent representatives to the ceremony, including one from Goldman Sachs.

But that was it. And I wasn't surprised. Not many over-fed, spoiled Wall Street analysts are willing to take an 8-hour flight to Boise, Idaho and then drive 3 hours to no-man's land to check out a bunch of geothermal wells.

But I did. And I loved every minute of it.

Because the pay off was massive...

I recommended this geothermal stock to my readers on July 25, 2006, when it was trading for around $0.80 a share. By October 31, 2007, the stock hit $4.78 a share - delivering Green Chip investors a 497% gain - in less than 14 months.

Take a look...

geothermal

Now given the state of today's market, gains like that seem almost incomprehensible. After all, Wall Street has been in an absolute tailspin since last year. In fact, that little geothermal stock that made us so much money is now trading back at levels we haven't seen since 2006!

And that's why I'm writing you today.

Less than 3 years ago, this company had no operational power plants, no revenue stream, and only one other property besides the one in Idaho.

That's when we first got in and watched it soar nearly 500%.

Today however, in 2009, the company has 2 operational power plants, a consistent revenue stream, and another property that it's currently developing.

But it's trading at $0.80 a share again!

You see, after its meteoric rise in 2007, the stock plummeted in 2008 - during one of the worst market implosions in U.S. History. But the fact is, it's actually worth more today than it was three years ago - before the company started selling power to the utilities and generating revenue.

Bottom line: This is perhaps the greatest, and most ignored bargain on Wall Street.

And while you may not have been around to join us in the 497% gain we witnessed in 2007 - you can certainly join us this time around, as we load up on these excessively cheap shares for a second time - and ride it right back up for another triple bagger.

In fact, I've outlined all the juicy details about this geothermal stock in our special report: Another Round of Geothermal Profits. And it's yours - absolutely free - when you accept our no-risk charter membership to Green Chip Stocks.

Plus, as soon as you join us, you'll also receive a username and password for the Green Chip Stocks web site. This will give you unlimited access to our current and upcoming recommendations, past issues, and our library of research reports...

...Including our latest: 5 Bargain Renewable Energy Stocks to Own NOW.

Our favorite geothermal play wasn't the only stock to get hammered in 2008. In fact, there are a handful of other solid renewable energy stocks now trading at exceptionally low levels.

5 Bargain Renewable Energy Stocks to Own NOW highlights 5 specific stocks that we believe will deliver the biggest gains in 2009 as the market rebounds from such a tough year.

And listen, because this is a charter membership, I also want to offer you a special, one-time deal...

For a limited time, you can join Green Chip Stocks for just $99 a year!

That's a full $100 off the regular annual price - and you still get...

Membership to Green Chip Stocks

Our special report: Another Round of Geothermal Profits

Our latest research report: 5 Bargain Renewable Energy Stocks to Own NOW

Weeklky updates and recommendations

And...

Just to sweeten the deal, I'll even throw in a free copy of my latest book, Investing in Renewable Energy: Making Money on Green Chip Stocks (a $27.95 value).

All for just $99 a year if you accept this offer today!

And here's my promise to you...

I will give you 30 days to examine our top-notch research and investment philosophy. If you decide that Green Chip Stocks is not for you at any time during this trial period, simply let me know in the first 30 days, and I'll completely reimburse you every penny. That's right - evey penny.

You can even keep the book. It's my gift to you.

So if you're ready to join the thousands of other Green Chip investors - who already saw our favorite geothermal stock deliver gains in excess of 490% the first time around

The Best Energy Stocks Market Report

Don't get too comfortable with oil's low price.
It won't be around for long.
You see, I recently polished off the IEA's 578-page World Energy Outlook.
The annual report details all things energy:
How much we used
Where it came from
How much we're expected to use over 1, 5, 10, 20 years
From which countries and how much from each, and much more
You get the point. It's extremely thorough.
But as I show you in our new report below, it's not what they included that's terrifying. It's what they omitted.
And that glaring error could easily turn into the greatest investment opportunity of the decade.
In fact, investors already pocketed 34% gains within a week - using the same information I'm sharing with you.
Trust me. You don't want to miss this one.
Every November, the International Energy Agency (IEA) releases its World Energy Outlook report.
The 578-page document blueprints exactly where our future energy sources will come from and when - for leaders and elite investors around the world.
And they read it for good reason...
Since its inception, the findings within the pages have been so accurate that the annual report reigns as "the authority of energy analysis and projections."
In fact, many people today trust their report without question.
I just finished pouring through my copy.
It was handed to me after a fellow geologist, with first-hand experience in the Canadian oil sands, pointed out a shocking error - one that guarantees an imminent spike in the price of oil.
In short, the report claims that:
"Thanks to ever-dwindling supplies in the Middle East, the world will rely on Canada as the largest oil producing country by 2010."
It's been their same projection since 2006.
But there's just one problem.
The World Energy Outlook forgot the other half of the story...
You see, what you won't read in the report is that many of those companies we will rely on have already halted production in scores of their fields.
They were forced to postpone production as the price of oil crashed into the unfeasible $30 range.
Many projects, projects that were expected to seamlessly come online within weeks, are now months - even years - behind.
It's a supply and demand bottleneck we can't stop. And it's guaranteed to once again launch the price of oil violently back to the $140 plus range... very soon.
That's a 250% increase from what we're paying today. And that's a conservative estimate.
The good news is that we also, very recently, uncovered a secret investment - which most Americans know nothing about - that could hand you 500% gains as this spike hits.
And the best part is that it's not related to risky exploration or production companies, either. Instead, it's directly - dollar for dollar - related to the price of oil. Only this gem pays you DOUBLE the gains!
In fact, investors using this blockbuster already pocketed 34% gains - in the last seven days as oil popped 17%!
I've written this letter to give you every last detail on exactly how it works. But first, let me quickly remind you...
How The Smallest Supply Crunch Could Make You Filthy Rich
As you know, four years ago, a pair of hurricanes blitzed our Gulf Coast's oil and gas refineries, forcing our production to a crawl.
That instant, Americans witnessed the unthinkable... oil prices launch from $50 to over $70 per barrel.
It was the first lesson in a cold, hard truth... and what should have been the investment eye-opener of a lifetime.
We learned first-hand exactly how sensitive we were to the tiniest interruption - or even threat of interruption - in our supply.
And it broadsided almost everyone.
In fact, month after month, most so-called experts all over TV, from the CNBC analysts to Dick Cheney... even most Americans foolishly believed everything was fine. And that the price would soon tumble back down.
They were so confident that everything would immediately pan out that they did nothing. And it cost them - quite possibly the opportunity of a lifetime.
Do you remember where you were when gas suddenly hit $4.13?
Most of us sat back in shock and awe as daily gas prices became so painfully expensive that we were forced to cancel holiday and summer vacations... Going out on weekends turned into USA Channel reruns of Monk on the couch... And we only filled-up our tanks just enough to make it to and from work.
But not everyone...
You see, one small group of investors saw it coming from the start. They knew exactly how to play this "bottleneck."
And they played it for everything it was worth... churning winning trade after winning trade.
I'm talking about everyday investors - people like you and me, working long hours just to pay the bills - who saw it coming, suddenly found themselves collecting dozens of massive payouts, the likes of 33% in three months... 156% in 9 months... 611% in 6 months... 1,014% in 17 months... etc.
People like Norman Wilson, an insurance salesman and father of four, who turned a small $10,000 into $61,900 on just three plays during the bottleneck.
And then there's Bill Walker, a machine worker. He used this amazing opportunity to rapidly spin $15,000 into $65,400.
Even school teachers like Lee Davis took advantage of this opportunity and raked in a cool $12,500 profit - in a single week.
They didn't just take the safe - and highly profitable - road by investing in oil futures either... they took advantage of the scores of oil companies, spreading like wildfire, to our northern borders.
And their timing was perfect. Shortly after their positions were already secured:
Canada.com declared - "Energy Stocks Drive TSX Higher"
Fortune Magazine printed - "Canada's oil sands remain alluring as a future source of crude. Suncor (Research), the pioneer of Alberta's booming industry, has returned 142 percent since we recommended it."
Forbes noticed - "Gurus Fill Up With Oil And Gas Stocks"
Bloomberg reported - "Canadian Top Stocks Headed For Best Weekly Advance In Three Months... Led by materials and energy producers"
And with an estimated 1.5 trillion barrels locked under their soil, and oil prices skyrocketing faster by the day, Canada's low-priced outfits suddenly became the hottest investments since Exxon.
Investors in companies like Suncor, Grey Wolf, UTS, Conacher and many more - companies sitting on oil resources that we desperately need to come online as early as 2010 - easily raked in 200%, 300%, even 1,000% gains in a matter of months, as oil prices skyrocketed beyond $147 per barrel!
But By The Time The Easiest Money Was Made, Most Americans Catching On Found Themselves S.O.L.
Sadly, it took oil prices to break over $100 a barrel before most investors started realizing that they could have made an absolute fortune.
They missed the boat.
And those earlier investors - the ones who caught the first stages of a run - the ones who knew where the profits would be juiciest, started cashing out at the peak, just as our banking and economic crisis cranked into high-gear.
Then, of course, the weakened world-wide economy acted as the final bulldozer that toppled July's high of $147 all the way down to $33 a barrel by December 17th.
And while the average American rejoiced that - at the very least - gasoline was "affordable" again... something much more tragic - and much more profitable quietly unfolded.
You see, thanks to prices becoming too low, many of Canada's oil companies - resources that would supply crucially needed oil for the U.S. and rest of the world in a few months - couldn't stay in business.
And we need that oil, like a junkie needs his fix.
In fact, the U.S. depends on AND imports more oil from Canada than from Saudi Arabia, Kuwait, Libya, and Iraq - combined.
But one by one, we started finding major oil projects temporarily closing up shop. Drilling and refining stopped. Exploration and testing lost all capital. And their share prices ultimately plummeted.
Just to name a few examples:
StatoilHydro recently yanked the rug from under a $12 billion project in Canada's Peace River.
Both Nexen Inc and Opti Canada Inc were forced to halt advancement on major projects in Alberta.
Suncor, Canada's oldest oil sands operator, was forced to cut its spending by 33%, thanks to lack of profitablility with the current extremely low prices.
Oil giant Dutch Royal Shell's stopped work on several of their Canadian projects until prices regain strength.
The major partners in the proposed $24 billion Fort Hills oil-sands project in northern Alberta - Petro-Canada, Teck Cominco and UTS Energy - announced they may defer a decision to build an upgrading refinery northeast of Edmonton.
The list goes on.
As I mentioned earlier, within months, precious deposits of oil - even locations that were set to come online within weeks - are now months behind.
Some are trading now for a 90% discount.
But ironically, these outfits just created a powerful, self-fulfilling prophecy... an unstoppable bottleneck guaranteed to launch oil prices - very soon - through the roof.
And it's already started.
Your Second Chance To Ride One Of The Most Profitable Bull Markets In History
Don't let oil's current low price fool you this time.
Thanks to an already guaranteed shortage -- just around the corner -- these low prices won't be around for long.
Here are just a few more of the critical points from their latest report:
Global oil demand is projected to expand 2.2% a year, on average, reaching 95.8 million barrels a day by 2012, up from 86.13 million barrels a day this year. The forecast is based on global economic growth of about 4.5% annually. Oil demand is expected to increase most rapidly in Asia and the Middle East.
OPEC, which supplies more than 40% of the world's daily oil needs, will have little spare capacity left by 2012.
Increases from non-OPEC oil producers and biofuel producers should start flagging after 2009.
Natural gas markets will also be tight because of inadequate supply increases, limiting the ability of consumers to switch between oil and natural gas.
And that's just the beginning of the coming bottleneck. Here's what CNN recently reported:
And very soon, when word of the shortage hits, the exact same scenario that the hurricanes caused will already have started unfolding... only this time, the gains will hit much, much faster.
The smart money's already placing their bets.
They're already preparing to collect a fortune!
And if you're prepared, as I'll show you, step by step, in just one moment, you'll soon find that many of the very same companies that surged before will rapidly once again start compounding your wealth.
And here's the kicker:
This time, they won't need nearly as much capital to get started! Most of their infrastructure is already ready to go - and they're trading for just pennies on the dollar.
And if you think that's a juicy opportunity, let me show you how you could...
Collect Twice The Gains Of NYMEX Oil Traders... with One Simple, Yet Little-known Play
Listen...
We know oil prices are about to skyrocket. We know they're just around the corner. And we know that those slick traders playing NYMEX futures - guys who need hundreds of thousands of dollars just to get started - somehow always come out ahead.
But here's what you might not know...
Very recently, we've uncovered a rare investment that could pay you gains just as astonishing as any jackpot oil resource company out there - but without the risk!
Here's how it works.
You see, this special investment, which most investors know absolutely nothing about, doesn't even follow oil producers or risky exploration companies... it strictly follows the physical oil market.
And get this:
Thanks to the unique nature of this investment, you can actually get paid double the gains that oil makes!
In other words, a 10% gain pays you 20%... 20% gain pays you 40%... 100% rise in oil prices pays you 200%
That means, if oil shoots 50% this year, which is our gross-underestimate, you double your money!

The Best Forex (FX) Stocks Traders Make Huge Gains

We'd like to offer our dear readers a unique opportunity � one which could help you rake in amazing gains � without ever having to touch a best stock.

Our newest, most aggressive options trading service already has incredible gains on their books (100% overnight, for example), and you could join the ranks of these very satisfied subscribers.

In fact, you can "test drive" this service � free of charge � for six months.

How would you like six free months of our newest, aggressive options trading research service?

No kidding.

With gains like 100% overnight,23.4% in 48 hours, and 70% in just 4 days already in the books ― six full free months could make you wealthy. And who knows? Six full free months could even put six figures in the bank.

What you're about to read is that important.

In fact, I expect my number of readers to double.

Hundreds have already jumped on board with what I'm about to show you.

You can join them � and start getting the chance at gains like 100% in one day, 33.24% in just a week, and 70% in only 4 days.

I'll explain exactly how you can claim your six free months at the end of this letter.

Nobody gives anything away for six months, especially if it's going to make me bunches of money. I bet that's what you're thinking.

I understand how you feel. What I'm about to reveal might shock you…it also stands to make you very, very rich this year.

Give me just three minutes of your time, and I'll show you why I'm actually thrilled to give you 6 full months of options picks for FREE.

The Forex Strategy The Pros Use � Yours FREE For Six Months � Quick, Safe, Fast Gains For The Taking

The best Forex (FX) traders make huge gains no matter if the markets are up or down.

In just a moment, I'll show you how I've recently enjoyed tremendous success and produced gains like ―

33.24% in a week

23.4% in 48 hours

Even 100% in one day

Those profit plays were among a handful that went to a select group of test readers. If you act today, you can join them risk-free.

How's that sound?

I'll even introduce you to folks just like you who receive my step-by-step recommendations.

They aren't FX experts. They aren't Wall Street pros.

They're everyday people who're making repeatable and huge gains.

And what I'm about to show you is safe. It's fast. It's fun. And it's easy.

However I have to warn you, if you're interested in what I'm about to reveal, I must hear from you today. Because I'm offering 6 FULL MONTHS…for FREE. I'll explain how in a moment. All you have to do is claim it at the end of this letter…

First though, I should give you the background info. Including how easy it could be, with the right FX plays, to start making your own fast, repeatable profits.

Here's How YOU Could Make Easy Forex Profits

On Monday, Oct. 27, 2008 ― at 1:17 P.M., I sent a short email to my select group of testers. In this email, I recommended one simple FX trade.

If they wanted to take advantage of my recommendation, my testers didn't need any special knowledge. They never even had to look at a chart.

I laid out my case slowly and simply ― in a few words.

Even better, my testers don't need a special trading account. And they don't need to go through some complex brokerage to execute the recommended trades.

So how did my select group of testers fare with my simple recommendation?

I gave the sell alert via another simple, easy-to-follow email.

All I do is open up the world of FX trading to anyone who wants to take part ― and see some fast gains.

In fact, I've been perfecting my methods for over 15 years.

So rather than getting started with the FX markets by spending money for some course you see on TV, you could be making money with specific plays just days from today.

I'll prove it to you in just a second.

By now you're probably wondering how I made 100% in just over a day.

My secret is simple. And it could change your life forever...

Safe FX OPTIONS Maximize Profits

You know how with regular top stocks you can buy a call option if you think the price will go up? Or buy a put if you think the price will go down?

I can safely and easily play lucrative options on six major world currencies ― the British pound, the yen, the euro, the Swiss franc, the Australian dollar and the Canadian dollar.

These currency options I recommend trade on the Philadelphia Stock Exchange. You can play FX options just like an option on a normal old stock.

Options are a great way to trade FX with strict minimum risk and very little starting capital.

Now here's the best part...

Even if everything I just said is Greek to you ― you can still get started with FX options.

And you could start raking in some serious money in a hurry.

How?

It all goes back to my simple strategy ― just like I described in the emails I send to my testers.

Here's my philosophy on FX options in a nutshell: I do all the work. I tell you what I think the best play is. You decide whether to execute that play for maximum profits. That's all there is to it!

In just a moment, I'll even show you my entire strategy for picking the best FX options plays ― from start to finish.

I'll introduce you to my group of testers. They've been receiving my simple emails and raking in huge gains in just days...

And I have more exciting plays in store ― plays I want to share with you, starting today.

Remember though, if you're interested in what I'll show in the next few minutes, you must take action today. I can only offer 6 FULL MONTHS FOR FREE for a short period of time ― because I'm staking a lot just to send you this letter today. I'll give you the specifics in a moment.

To help you reach a decision, let me show you more about how I make such impressive FX options gains so fast...

FX Options Let You Control Your Profit Potential

On Nov. 4, 2008, I sent another one of my simple emails to my testers.

I recommended Eurodollar puts.

It was a bet against the value of the euro versus the U.S. dollar.

I told them exactly what they should pay for each option contract, and exactly the steps they needed to take if they wanted to put the trade into place.

Then, on Nov. 6 ― just two days later ― I sent another of my simple email alerts, complete with a specific recommendation to exit the position.

My readers could've walked away with up to 23.39% in gains. In just two days.

Gains like this are much faster and easier than what you could get with regular hot stocks.

Sadly, most people only invest in stocks.

I'm sure you know how that's turned out this year...

The Dow Jones Industrial Average is down about 40% since its highs in Oct. 2007.

It's not uncommon nowadays to see volatile swings of 4-5% or more...in a single day.

Faced with all the current pain on Wall Street...

...11.65% per day ― for a total of 23.39% in two days ― well, it looks pretty good, right?

Of course it does. FX options give you a chance to make money no matter what's happening on Wall Street. In fact, FX options can actually become more lucrative as stocks market fall!

That brings me to what could be the biggest benefit of FX options.

Why I Haven't Bought a Single Stock in The Last Ten Years

I haven't bought a single stock in over 10 years. Why?

I can make huge gains, sometimes 100% or more in a day, with safe, simple FX options plays.

FX options let you remove yourself from the world of earnings reports and CEO hype you see in the stock market.

FX options return gains to you because of "big picture" trends anyone can understand. You just have to know how to choose the best options...

Tips on How to Wear Blouses & Shirts

Plain blouses, ruffled blouses, plaid blouses, purple and red blouses and even ; see through blouses. There are so many, we cannot even touch on all of them. Then, we have baseball shirts, sweat shirts, t-shirts, tank tops, stringed spaghetti strap shirts, long beach shirts and through all these waves of cover ups, there is something we know without any shred of doubt. We absolutely must wear them. In fact, we've probably been wearing blouses and shirts ever since most of us can remember. The blouses and shirts have ever been with us, and ever been on us. It's just part of our garb that we don't think anything about, but look in your closet or drawer and we become immediately smitten and drawn to our favorite old faded shirt we sort of slum around the house with and some of us will wear this old shirt until it is in rags; because we just cannot handle the prospect of giving our old friend up for good. Even when we gain a little bit of weight, there are those of us who fold up our friend and put it away in storage until that faithful day comes when we've lost that poundage and we become united once again with our old comfortable hero. Unfortunately, for most of us, our hero stays in storage or eventually gets passed on to someone else to enjoy. Amid all the tears we finally give up the ghost, and reach for a potato chip; which is what got us into this mess in the first place. Some of us, then go on a shopping trip to find something that will take the place of our late friend. If we are a people person, we go with our girlfriends and go from rack to rack picking up the various colored larger blouses and holding them against us to see how it would look on us, then, asking for their honest opinion. As you well know, they are more than glad to give it, whether it be good or bad. Keep smiling, we can be thankful for friends like that, can't we.

Tips on How to Wear Blouses & Shirts

Plain blouses, ruffled blouses, plaid blouses, purple and red blouses and even ; see through blouses. There are so many, we cannot even touch on all of them. Then, we have baseball shirts, sweat shirts, t-shirts, tank tops, stringed spaghetti strap shirts, long beach shirts and through all these waves of cover ups, there is something we know without any shred of doubt. We absolutely must wear them. In fact, we've probably been wearing blouses and shirts ever since most of us can remember. The blouses and shirts have ever been with us, and ever been on us. It's just part of our garb that we don't think anything about, but look in your closet or drawer and we become immediately smitten and drawn to our favorite old faded shirt we sort of slum around the house with and some of us will wear this old shirt until it is in rags; because we just cannot handle the prospect of giving our old friend up for good. Even when we gain a little bit of weight, there are those of us who fold up our friend and put it away in storage until that faithful day comes when we've lost that poundage and we become united once again with our old comfortable hero. Unfortunately, for most of us, our hero stays in storage or eventually gets passed on to someone else to enjoy. Amid all the tears we finally give up the ghost, and reach for a potato chip; which is what got us into this mess in the first place. Some of us, then go on a shopping trip to find something that will take the place of our late friend. If we are a people person, we go with our girlfriends and go from rack to rack picking up the various colored larger blouses and holding them against us to see how it would look on us, then, asking for their honest opinion. As you well know, they are more than glad to give it, whether it be good or bad. Keep smiling, we can be thankful for friends like that, can't we.

Looking Good from the Waist Up

I'm often asked the question, "Why doesn't this blouse (or dress) look good on me?" Nine times out of ten the offending garment has the wrong style of neckline for the person in question. Wearing a garment with the wrong neckline can ruin the entire look you are trying to achieve.

Fortunately there are some simple rules that will allow you to make good choices for flattering necklines. The type of neckline you need is based on a number of different factors: face shape, body type, and bust size. But before we get into the rules, let's take a look at the options out there and how to identify the different neckline styles.

Different Neckline Styles:
For our purposes, we've broken down the various neckline styles into three categories: Conservative (Formal), Revealing (Formal), and Casual necklines. They are obviously grouped by common themes. The Conservative (Formal) and Revealing (Formal) are all styles commonly found on formal gowns and fancier dresses, while the Casual necklines are just that, neckline styles commonly found on casual wear. The Conservative and Revealing categories reflect how low these necklines plunge.

The Only Media Company with 40% Upside

The Philadelphia Inquirer officially buckled this weekend when it filed for bankruptcy...

And a friend of mine in the online advertising field says big East Coast newspaper titans are paying through the nose for subscriptions they get through web ads. They're in a deep hole, desperate to get out.

A few media companies, though, played smart and stayed ahead of the new media curve.

South Africa's Naspers Ltd. is one of them, and it looks set not only to survive, but even to be one of the world's top stocks between now and 2011.

Naspers Isn't Married to Newsprint

Naspers started out as a newspaper nearly a century ago...

But within just a few years the founders branched out into books and magazines.

By the 1980s, it and a few other South African media companies started a pay-TV company.

In 2001, Naspers picked up nearly half of Tencent Holdings, a Chinese instant messaging company. That gave Naspers a foothold in China's recent economic boom as well as a best stock with technology used by hundreds of millions of web surfers around the world.

Hong-Kong shares of Tencent (HK:0700) turned out to be a blockbuster pickup for Naspers, gaining over 1200% since 2004.

Other ventures outside the home market put Naspers in Greece, Brazil, Russia, India, and even the U.S.

Now, with the 2010 World Cup coming to South Africa (tickets went on sale Feb. 20), soccer seems to be helping Naspers achieve its profit goals in more ways than one.

Sponsored Links:

Kicking Off Profits for Years to Come

A subsidiary of Naspers just won the rights to broadcast English Premier League games to satellite TV customers across sub-Saharan Africa.

As the world's biggest sporting event approaches and Naspers gets ready for prime ad placement that will reach billions, the company's balance sheet will be boosted by hordes of new customers.

Tapping the Premier League's worldwide fan base and signing African soccer nuts up for satellite service packages is enough to give Naspers a 40% upside boost over the next 2 years, David Shapiro of Johannesburg's Sasfin Holdings said recently. "The Africa kicker makes a big difference," Shapiro added (pun probably intended).

And Naspers is just one part of a broader trend of South African companies extending their reach and business model across the continent.

The iShares MSCI South Africa Index ETF (NYSE:EZA) and SPDR S&P Emerging Middle East & Africa ETF (AMEX:GAF) both count Naspers as a top holding.

So even though Naspers shares trade over the counter here in the U.S. (OTC:NPSNY), it's better to pick them up as a package of South African hot stocks that will benefit from the World Cup's exposure and southern Africa's expected 5% growth through the developed world's downturn.

David Shapiro says the Johannesburg Stock Exchange All Share Index should pop by just over 10% in 2009, versus what will almost certainly be a losing year for the Dow.

No wonder African stocks market may be the best gainers, as satellite TV and mobile phones make up the base of a "leapfrog" economy where people are brought into the 21st century economy directly, without retrofitting old infrastructure.

As far as media stocks are concerned, companies that still gear their business model to how many words fit on a page, or how many newspapers one city buys, simply won't be around much longer.

There's a new model for international business, and the best strategies are increasingly coming from outside the U.S.

Look for a new crop of global growth top stocks like Naspers to emerge out of this recession.

Let the Scrip of Governments Build Real Wealth for You

We like to laugh along with you about the ultimate fate of the dollar and all other paper currencies…

But the truth is, there's tremendous opportunity right now for you to make money as these currencies jostle about.

In fact, our currencies expert, Bill Jenkins, is so excited about future profit opportunities that he wants to give you six months of his FOREX options service for free.

He tells me that once you get your hands on this information, you may never want to buy best stock again.

How would you like six free months of our newest, aggressive options trading research service?

No kidding.

With gains like 100% overnight,23.4% in 48 hours, and 70% in just 4 days already in the books ― six full free months could make you wealthy. And who knows? Six full free months could even put six figures in the bank.

What you're about to read is that important.

In fact, I expect my number of readers to double.

Hundreds have already jumped on board with what I'm about to show you.

You can join them � and start getting the chance at gains like 100% in one day, 33.24% in just a week, and 70% in only 4 days.

I'll explain exactly how you can claim your six free months at the end of this letter.

Nobody gives anything away for six months, especially if it's going to make me bunches of money. I bet that's what you're thinking.

I understand how you feel. What I'm about to reveal might shock you…it also stands to make you very, very rich this year.

Give me just three minutes of your time, and I'll show you why I'm actually thrilled to give you 6 full months of options picks for FREE.

The Forex Strategy The Pros Use � Yours FREE For Six Months � Quick, Safe, Fast Gains For The Taking

The best Forex (FX) traders make huge gains no matter if the markets are up or down.

In just a moment, I'll show you how I've recently enjoyed tremendous success and produced gains like ―

33.24% in a week

23.4% in 48 hours

Even 100% in one day

Those profit plays were among a handful that went to a select group of test readers. If you act today, you can join them risk-free.

How's that sound?

I'll even introduce you to folks just like you who receive my step-by-step recommendations.

They aren't FX experts. They aren't Wall Street pros.

They're everyday people who're making repeatable and huge gains.

And what I'm about to show you is safe. It's fast. It's fun. And it's easy.

However I have to warn you, if you're interested in what I'm about to reveal, I must hear from you today. Because I'm offering 6 FULL MONTHS…for FREE. I'll explain how in a moment. All you have to do is claim it at the end of this letter…

First though, I should give you the background info. Including how easy it could be, with the right FX plays, to start making your own fast, repeatable profits.

Here's How YOU Could Make Easy Forex Profits

On Monday, Oct. 27, 2008 ― at 1:17 P.M., I sent a short email to my select group of testers. In this email, I recommended one simple FX trade.

If they wanted to take advantage of my recommendation, my testers didn't need any special knowledge. They never even had to look at a chart.

I laid out my case slowly and simply ― in a few words.

Even better, my testers don't need a special trading account. And they don't need to go through some complex brokerage to execute the recommended trades.

So how did my select group of testers fare with my simple recommendation?

I gave the sell alert via another simple, easy-to-follow email.

All I do is open up the world of FX trading to anyone who wants to take part ― and see some fast gains.

In fact, I've been perfecting my methods for over 15 years.

So rather than getting started with the FX markets by spending money for some course you see on TV, you could be making money with specific plays just days from today.

I'll prove it to you in just a second.

By now you're probably wondering how I made 100% in just over a day.

My secret is simple. And it could change your life forever...

Safe FX OPTIONS Maximize Profits

You know how with top stocks you can buy a call option if you think the price will go up? Or buy a put if you think the price will go down?

I can safely and easily play lucrative options on six major world currencies ― the British pound, the yen, the euro, the Swiss franc, the Australian dollar and the Canadian dollar.

These currency options I recommend trade on the Philadelphia Stock Exchange. You can play FX options just like an option on a normal old stock.

Options are a great way to trade FX with strict minimum risk and very little starting capital.

Now here's the best part...

Here Come the Commies

A quote ascribed to Karl Marx has been popping up a lot lately:

"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism."

― Karl Marx, 1867, Das Kapital

That quote is almost assuredly bogus. We haven't tormented ourselves by re-reading sections of Das Kapital. Once in college was enough. This quote, though, has been making the rounds on the Internet, as if Marx and his minions somehow knew all this was coming.

Whether the analysis is accurate is a separate question from whether Marx ever wrote it. German is a torturous language to read in translation, full of compound sentences and words. And it's highly unlikely, writing in the late 19th century, that Marx would have referred to the working class buying houses and technology. The horseless carriage hadn't even been invented yet, much less the iPod, the BlueRay, or the George Foreman grill.

Nope. This is a clever bit of revisionism by some unemployed Marxist student or tenured professor trying to discredit the free market while rehabilitating the Marxist playbook. Marx did indeed say capitalism would eventually evolve into socialism and finally communism. He claimed it was riddled by contradictions which made the system inherently unstable.

But his theory was evolutionary, based on his views of human nature and a rational "homo economicus." Like Adam Smith, Marx was a materialist who defined wealth in terms of physical goods. Thus, his view of human nature is rather material too, which explains his atheism.

In any event, the Austrians (especially Rothbard) would point out that the boom-bust feature of capitalist economies is not inherent in the system, but is actually a product of the government's manipulation of interest rates. This changes the price of money and causes risk-taking entrepreneurs to miscalculate the underlying demand for their production.

Thus, you get a massive, credit-induced production bubble, global in scale with resources devoted to supplying a fictional demand. It happened with residential real estate in the U.S. and Europe. It's happened with commercial real estate in China. And it probably happened all along the commodity supply chain, as raw material demand increased for the production of finished goods made in China for Americans who bought on credit.

That isn't to say you wouldn't have normal cycles of growth and recession in an economy with natural interest rates. But in an economy with natural interest rates, the cost of capital would go up during a recession. Bankers would get more prudent with their lending as the market place sorted out which lending resulted in productive new enterprise and which businesses failed.

The bad investments would be written down and eventually new demand for capital from entrepreneurs would resume. At least, that's how the Austrians drew it up. Today, of course, we are engaged in the great global project of trying to prop up investments gone bad, whether they be in residential American real estate or the collateralised bonds based on that real estate that currently reside like dead weight on balance sheets all over the globe.

No amount of rearranging is going to improve the quality of those debts. But that won't keep political busy bodies from trying ― and wasting even more time and capital.

Stocks market in the U.S. were up overnight. Here in Australia, the blind are following where the deaf boldly lead. But is anyone listening? Or is everyone too busy hoping?

What we're talking about are Ben Bernanke's comments. The news headlines read that he predicted the recession will end later this year and the American economy will recover in 2010. But that's not exactly what he said.

Here exactly is what he said, "If actions taken by the Administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stabilityand only if that is the case, in my viewthere is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery."

If you wanted to put it another way, it might go like this: If our plan is successful to solve all the problems, then all the problems will have been successfully solved according to the plan.

How inspiring is that? Does it give you confidence that these guys have any idea what they're doing?

What the system needs is more instability, not less. That is, prices and asset values need to fall to their real level to restore confidence. In this sense, a proper recession is the cure for uncertainty and instability.

Yes, we know this is in direct contradiction to what elected officials are telling you. But think for a moment of a man who's done nothing but eat greasy and fatty foods for a year. He's on his deathbed. His arteries are clogged with fat and cholesterol.

Now you couldn't improve the man's health by telling him to feel better about himself. "C'mon big fella. Buck up! Have another cheeseburger. With bacon. And avocado. This whole being morbidly obese and killing yourself thing is all in your head. You gotta get your mind right!"

You could tell him all that. But it would be bad medical advice. In the same way, our financial mal-practitioners have mis-diagnosed the economy. Confidence is not the problem. Bad credits and loans are the problem.

You restore confidence when you directly address the problem. Investors get out of cash and back into shares or property when they have demonstrable proof that the banks aren't hiding/lying any longer.

Or, as Murray Rothbard puts it in America's Great Depression, "The completion of liquidation removes the uncertainties of impending bankruptcy and ends the borrowers' scramble for cash. A rapid unhampered fall in prices, both in general, and particularly in goods of higher orders (adjusting to the mal-investments of the boom) will speedily end the realignment processes and remove expectations of further declines."

The Only Media Company with 40% Upside

The Philadelphia Inquirer officially buckled this weekend when it filed for bankruptcy...

And a friend of mine in the online advertising field says big East Coast newspaper titans are paying through the nose for subscriptions they get through web ads. They're in a deep hole, desperate to get out.

A few media companies, though, played smart and stayed ahead of the new media curve.

South Africa's Naspers Ltd. is one of them, and it looks set not only to survive, but even to be one of the world's top stocks between now and 2011.

Naspers Isn't Married to Newsprint

Naspers started out as a newspaper nearly a century ago...

But within just a few years the founders branched out into books and magazines.

By the 1980s, it and a few other South African media companies started a pay-TV company.

In 2001, Naspers picked up nearly half of Tencent Holdings, a Chinese instant messaging company. That gave Naspers a foothold in China's recent economic boom as well as a best stock with technology used by hundreds of millions of web surfers around the world.

Hong-Kong shares of Tencent (HK:0700) turned out to be a blockbuster pickup for Naspers, gaining over 1200% since 2004.

Other ventures outside the home market put Naspers in Greece, Brazil, Russia, India, and even the U.S.

Now, with the 2010 World Cup coming to South Africa (tickets went on sale Feb. 20), soccer seems to be helping Naspers achieve its profit goals in more ways than one.

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Kicking Off Profits for Years to Come

A subsidiary of Naspers just won the rights to broadcast English Premier League games to satellite TV customers across sub-Saharan Africa.

As the world's biggest sporting event approaches and Naspers gets ready for prime ad placement that will reach billions, the company's balance sheet will be boosted by hordes of new customers.

Tapping the Premier League's worldwide fan base and signing African soccer nuts up for satellite service packages is enough to give Naspers a 40% upside boost over the next 2 years, David Shapiro of Johannesburg's Sasfin Holdings said recently. "The Africa kicker makes a big difference," Shapiro added (pun probably intended).

And Naspers is just one part of a broader trend of South African companies extending their reach and business model across the continent.

The iShares MSCI South Africa Index ETF (NYSE:EZA) and SPDR S&P Emerging Middle East & Africa ETF (AMEX:GAF) both count Naspers as a top holding.

So even though Naspers shares trade over the counter here in the U.S. (OTC:NPSNY), it's better to pick them up as a package of South African hot stocks that will benefit from the World Cup's exposure and southern Africa's expected 5% growth through the developed world's downturn.

David Shapiro says the Johannesburg Stock Exchange All Share Index should pop by just over 10% in 2009, versus what will almost certainly be a losing year for the Dow.

No wonder African stocks market may be the best gainers, as satellite TV and mobile phones make up the base of a "leapfrog" economy where people are brought into the 21st century economy directly, without retrofitting old infrastructure.

As far as media stocks are concerned, companies that still gear their business model to how many words fit on a page, or how many newspapers one city buys, simply won't be around much longer.

There's a new model for international business, and the best strategies are increasingly coming from outside the U.S.

Look for a new crop of global growth top stocks like Naspers to emerge out of this recession.


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