The financial media always introduces Jim Rogers as some kind of investment superstar.
This pitch is made to lure a larger audience, which results in more advertisement revenues for the media firm regardless of whether its print, Internet or broadcast media.
But if you think Jim Rogers is a "great" investor, it's because you haven't checked his track record for yourself.
In other words, you trust the financial media.
This is a huge mistake.
The financial media is the enemy of individual investors.
The fact of the matter is that the financial media seeks to profit at the expense of its audience.
Once you understand how the financial media operates, you'll realize its objective is to make money while misleading you by promoting con artists, contrarian indicators, and morons as "experts."
You’re probably familiar with these “experts.”
Peter Schiff, Jim Rogers, Harry Dent, Jim Cramer, Jon and Pete Najarian, Josh Brown, Barry Ritholtz, Whitney Tilson, Meredith Whitney, Doug Kass, Dennie Gartman, David Stockman, to name a few.
You should note that Mike Stathis has spent several years exposing these and many other “experts” for what they really are.
How does the media make more money by promoting con artists, contrarian indicators, and morons as "experts"?
Promoting them as “experts” creates dumb money for the media's financial sponsors (Wall Street) to take.
And because the audience was foolish enough to listen to the financial media along with its “experts,” they will eventually lose large sums of money and will thus become desperate for professional assistance.
This professional assistance will be "conveniently" displayed on financial media networks in the form of advertisements.
Imagine how valuable these advertisements become when your audience consists of investors who have lost huge sums of money after having listened to the "experts" promoted in the media.
Thus, it’s a great return on investment to advertise with financial media because the audience has been unknowingly misled, so they will eventually seek professional assistance.
It’s the perfect business model for a crime syndicate, which is precisely what we’re talking about. Think about it.
So, is Jim Rogers a contrarian Indicator or a con artist?
Maybe he's neither, or maybe he's both.
Mike Stathis has done all the hard work for you and presents the results in the video below.
You decide for yourself.
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