Interesting Report ...
posted on
Oct 18, 2011 12:09AM
We may not make much money, but we sure have a lot of fun!
By Jim Amrhein
It’s 8:20 in the morning, and there’s bacon grease all over my keyboard.
I’m typing this as I shovel chunks of a plate-sized sausage/ham/tomato/pepper-jack omelet into my face. And it’s my second course...
The first full course came at 8:00 sharp, the instant the four-star breakfast was unveiled at this Agora Financial Reserve Safety & Survival Summit.
That first plate was nothing but meat — heaps of fresh shaved roast beef and thin-cut Genoa salami, thumb-sized spicy sausage links, and brown-sugar glazed bacon.
Like the cave troll that I really am underneath my pressed shirt and khakis, I ate that entire first plate of food with my hands (even the links), hence the greasy keys...
Gimme a break. It was early. And hardly anybody was looking.
But for the sake of the refined and cultured Agora Financial Reservists that are steadily filing in now, I’m actually using silverware for this second helping.
The Foyer of the Grand Ballroom here at the Waterfront Marriott is filling up — and lots of folks within earshot are discussing last night’s advance screening of AF’s newest documentary film, Risk!
For years, I fantasized about a career in the movie biz. Not in front of the camera, of course. I’ve got a face for radio — and a voice tailor-made for silent movies, as anyone who’s heard me speak can attest.
No, I’d wanted to do things like review films, write screenplays, or direct hard-hitting documentaries. So it’s ironic to me that, although I didn’t pursue any of those things formally...
I find myself in close proximity to them anyway, as part of the Agora Financial extended family.
As you may know, “Chief” Addison Wiggin and his staff are making quite a name for themselves as documentarians. Surely, you’ve seen AF’s groundbreaking I.O.U.S.A. documentary from 2008 — about the mounting U.S. debt crisis...
But you may not yet know about Risk!, their soon-to-be-released follow-up film.
Last night, I had the distinct privilege of attending a special, Reserve-members-only screening of the latest cut of this exceptional new film.
In my opinion, the mark of a truly well made documentary is that it’s open to numerous interpretations. And to me, Risk! is that kind of movie...
Some would say it’s about the hell-bent-for-leather spirit of the die-hard entrepreneur in pursuit of success, despite myriad adversities.
Some would say it’s about how wealth and jobs area really created — through private enterprise risking private capital (not through government).
And they’d all be correct, from their own point of view.
However, in absorbing the film’s stories of two particular American firms that have become pioneering global innovators in world- changing industries...
While facing incredible opposition — bordering on outright sabotage, in fact — at the hands of the U.S. government...
I believe that Risk! is fundamentally about the liabilities America’s entrepreneurs now face from a bureaucracy that’s all of a sudden hostile to capitalism.
“There’s not going to be any support for entrepreneurial activity in the near future,” adds Addison Wiggin in the opening remarks of this Safety & Survival Summit.
That was one of the reasons he decided to hold this event. So that like-minded people who are concerned about their ability to make and keep money in a changed America could hammer out a wealth plan independent of the typical paths.
According to Addison, Americans can no longer expect a decent rate of return by investing in excellence and innovation in business and enterprise.
The current regulatory and political climate throws too many wrenches into the works for investors to be able to count on the traditional engine of American greatness: Entrepreneurship.
They need alternatives.
Things that’ll make them money consistently in choppy and volatile markets. Things that’ll hold and increase value against a falling buck...
That’s the whole point of this conference today.
Says Wiggin to the standing-room-only crowd, “You have one day... I think you’ll find that if you put a little effort into it, the wealth of experience in this room alone will pay off for a lifetime.”
So let’s get started doing exactly that.
Now, I’ll only be able to relate to you the barest fraction of what’ll be revealed at this intensive 8-hour event. I’ll be furiously scribbling notes in real time here — and I’ll only be able to hit the high spots for you...
To get all the tips, perspectives, and revelations, you’ll need to do what I’m going to do: Get the downloadable MP3 digital recordings of this summit (details here).
My bad ears (I’m in the back of the room), slow typing, and mediocre note-taking skills aren’t going to give you a proper summary of these proceedings.
But I can give you the gist of it. So let’s get started right now. First up is Agora Financial’s Investment Director, Eric Fry...
Fry: “A revolution is under way — of sorts”
Eric, in typically lively style, opened his presentation with several blaring bars of The Beatles’ Revolution...
He’s not talking about a literal revolution, with bullets and bayonets. But a revolution of trust in the fundamental rightness of the U.S. government.
Using as a backdrop the recent, dubiously justified armed raid on the Gibson Guitar Company for alleged exotic wood importation violations...
Fry elaborates on the central theme of Risk! — The notion that it may no longer be an American truism that we can always count on our government not to sabotage our success unjustly.
“There is no government guarantee that’s worth anything,” says Fry.
“For my entire life, I’ve put my faith in the reliability of things from the U.S. government — treasury bonds, the dollar, Social Security...” he adds. “You could trust those things.”
But that blind confidence is wavering among the American people, Fry notes. And rightly so — especially on the money front...
For the first time since 1958, a large number of U.S.-based international companies now pay more in dividends than investors can make in bonds!
Fry even names four American Blue Chips that pay more in dividends than even the 30-year U.S. Treasury note. That’s a first in the nation’s history.
Again, I’m only hitting the high spots here (his full 45-minute presentation is only available on the MP3 recordings) — but this isn’t even the real story, Eric says.
The real crux is that the combination of today’s outrageous bureaucratic assault on enterprise AND the rapid erosion of trust in the righteousness of government...
Threatens to render American greatness as nothing more than a footnote to history.
Hammering that point home even further is the next speaker in the queue.
Pento: “America is balancing on a very narrow tightrope”
Veteran trader and economic mind of the highest order Michael Pento is Agora Financial’s newest editor...
And his aptly named service, Survive and Thrive, is sure to be a huge asset to those Reserve Members in attendance at this event.
I’ll tell you right now, numbers are clearly Michael’s thing. Sure, he waxes philosophical with the best of them...
But if his presentation’s any indication of how his newsletter will read, you’re in for lots of hard-numbers proof for anything he says.
Right out of the gate, Pento laid out a rapid-fire series of charts and graphs showing:
What’s it all add up to?
According to Michael, we’re “on a tightrope between a deflationary depression and intractable, runaway inflation.”
What’s the solution to all this economic malaise, you’re wondering?
Michael’s got lots of suggestions, actually — starting with strengthening and stabilizing the U.S. dollar...
“What’s wrong with having the purchasing power of your currency appreciate?” Pento wonders aloud, in stark contrast to America’s current weak-dollar policy.
“Is there any country in the history of the entire Earth that has depreciated their currency into prosperity?”
The answer is NO. So why does the U.S. think it can get away with it now?
Pento’s other suggested reforms to get America back on a track to greatness cover the gamut from taxation to free trade — even education...
In fact, the formula he laid out in his 40 minutes on stage made more sense than any plan coming out of either party in the run-up to the coming election.
It started making me wish for a “President Pento” run.
You can decide for yourself if what he says makes sense — when you get all the details from the horse’s mouth.
They’re all in the MP3 digital recordings Agora Financial’s going to be offering of this event...
But they’ll only be available for a limited time (details here).
And speaking of limited time, Agora Financial’s next guru is going to show you how to live pain free for the not-so-limited time you may have left on this Earth.
Cox: “Every generation has been waiting for this moment”
Breakthrough Technology Alert and Technology Profits Confidential editor Patrick Cox always gets the crowd’s juices flowing.
And not just because his presentations include pictures of beautiful, scantily clad ladies like Angelina Jolie, Salma Hayek, and Natalie Portman...
But because the things he says are so damned mind-blowing. Yet they’re completely plausible and persuasive — almost obvious, really.
His presentation began, as befitting a man of science, with a high- minded discussion of the concept of “creative destruction,” courtesy of classic economic philosophers Shumpeter, Aristotle, and others.
The gist of it is that although free markets can be vicious — they’re the only completely pure, unbiased engine of wealth and economic growth in existence...
When they’re left alone by governments.
Patrick’s perfect case in point: The now-ubiquitous Kindle.
Its rise — and the rise of similar, tablet-type devices like it — has made innumerable people wealthy, in both the entrepreneurial and investment capacities.
However, it has also fundamentally transformed the bookselling business as we’ve known it for the last 15 years. Borders Books has been one of the casualties.
But what began in the ether of ideas, Cox quickly brings down to Earth, as he reveals what he believes will be the most incredible engine of wealth in the history of money...
Life sciences.
“Where is the growth?” Cox asks us, rhetorically. “The growth is in the preservation of human life. The demand for life is infinite...”
And boy, did he bring the steak to go with all that scientific sizzle. In the remainder of his hour-plus presentation, Cox reveals no less than TEN specific companies on the cutting edge of the life- sciences frontier.
Yes, they’re clearly articulated in full detail in the MP3 recordings of this event (get them here)...
These firms have already made tremendous strides in the treatment and cure of:
According to Patrick, these and other life science and biotech companies are your number one defense against wealth depreciation in the coming months and years...
In his opinion, literally nothing besides unprecedented government intervention can stop them from becoming runaway investment success stories.
And speaking of those kinds of moneymakers — there are lots more to come from the last two Agora editors of the day...
Mayer: “It could be a 2008 scenario for Europe”
Remember in The Graduate, when Mr. McGuire says to Benjamin Braddock (Hoffman), “I want to say just one word to you... plastics.”
Well, the one and only Chris Mayer of Capital & Crisis and Mayer’s Special Situations has a word for the future of our money today: “Snowplows.”
Actually, he has lots of words for our wealthy future in this unique interview-format discussion with Eric Fry — snowplows being only one of them.
Others include “water heaters” and “Mongolia” (yes, you read those right).
Seriously, you simply won’t believe what he says unless you hear it for yourself, along with Mayer’s compelling rationales for all of it...
Like what he says about:
You’ll also listen with great interest to the NINE specific investment plays he’s recommending for anyone who’s interested in safety and survival.
Again, the details are in your MP3 summit recordings — available right now for a limited time.
So are the details on another Agora staple’s prime picks for future wealth...
King: “Is this a great country or what?”
You gotta love the permanently bullish-on-America Byron King, Editor of Agora’s Outstanding Investments and Energy and Scarcity Investor...
Listening to his unabashed love of the red-white-and-blue makes me want to go out and buy cowboy boots.
But hearing what he has to say about the future of gold, yttrium, and carbon allotropes (remember, Byron’s a geologist), made me want to go out and buy stocks.
Shares of three companies in particular, in fact.
They’re all North American, easy to buy — and to hear Byron tell it, poised for incredible success in three related, but divergent slivers of the minerals sector...
‘Rare Earth’ elements, precious metals, and graphite, of all things.
You simply must hear what King says about how this under-the-radar material that’s more or less high-grade coal could soon radically change all of our lives.
And our portfolios, if we move fast.
As with the editors above, all the details on these three “buy now” stocks are yours for the taking — if you move fast to get your own copy of this Summit’s recordings.
Beyond simply the hot picks, you’ve just got to hear what he says about how ‘rare Earths’ were formed from the galactic ether (think “Big Bang”)...
How only a few dozen people on Earth really know what they’re doing when it comes to extracting and working with them...
And how just a handful of firms will have a stranglehold on the market forever.
This information alone is worth twice the $69 price of the MP3 digital event recordings we’re making available to you now with the click of a mouse.
But when you add it together with all the other specific picks, market insights, economic perspectives, and political/governmental revelations Agora’s full stable of editors brought to this event...
PLUS all the stuff I didn’t even get a chance to mention to you here — like editor Abe Cofnas’ presentation on the awesome power of “binary option” trading...
AND the lively, informative round table “Safety and Survival” panel discussion with all of Agora Financial’s editors weighing in on your wealth at the same time...
These event recordings are easily worth ten times the $69 Agora’s charging for them. But there’s a catch:
They’re only going to be available to you for a few more hours — until midnight tomorrow, in fact.
Once again, just $69 gets you the entire Safety & Survival Summit event on downloadable digital MP3 audio files.
You can keep them on your computer, your iPod — even burn them onto a disc, so you can pop them in your car or home stereo...
Your fast and easy ordering information is right here.
Again, it’s been my great pleasure to serve as your roving reporter for yet another incredible Agora Financial event.
Snowplows (and wealth) to You,
Jim Amrhein
Roving Reporter, Agora Financial