In Part 5 of this series, I discussed how Don Luskin serves as one of the biggest Wall Street hacks on TV. This is specifically why Larry Kudlow has him on his pro-Wall Street, neo-conservatism show. I demonstrated just how dedicated Luskin is towards this mission by discussing his ever so timely op-ed in the Washington Post. So let me finish where I left off.   Mr. Luskin, congratulations. That op-ed will probably make history books someday as an example of why many U.S. newspapers went bankrupt. It certainly marks you as a fool. But don’t think of that piece as the clincher. You’ve had many appearances on Kudlow (your fellow hack buddy) that labeled you a fool and hack prior to that.

Is anyone surprised by this news? I'm certainly not.  I've been exposing Schiff for years as a deceitful money-hungry charlatan who will do anything to obtain money.  In fact when Schiff began marketing his offshore bank, I detected undertones in his rhetoric which led me to believe that the objective of the bank was to help clients hide money from their government. Although I hinted that this was a possibility, I didn't have any evidence to support my suspicions, so I didn't explicitly make any accusations.  It looks like I was right again. That's right folks. Mike Stathis was right, yet again.  Ask yourself why the U.S. media isn't covering this story.  Where's the Jewish pothead and moronic shill Joe Rogan now? Rogan lined up to promote Schiff an......

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, c...

Those who are unfamiliar with me can find out more about my credentials, my background, as well as my investment research track record here, here, and here. Examine Mike Stathis' unmatched track record of predicting the 2008 financial crisis, enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, here, here, and here. ------------------------------------------------------------------------------------------------------------------------------------- December 11, 2008 Rick Newman, Yahoo Finance The following email was in response to an email I received which was in response to my first email, in which I brought up having been black balled by all media for no reason other than to p...

Fact #5. Most of the Lost Jobs Will Not Return What no one seems to understand is the fact that these job losses are not temporary. Most of them simply aren’t coming back. I’ll guarantee it. The only jobs that will return are those that no one wants; the low-paying, no benefits, dead-end jobs. It’s the same situation that played out after the dotcom collapse. This is part of the reason why there’s been no real recovery since 2001. As I discussed in America’s Financial Apocalypse, it was all an illusion fueled by a real estate bubble. It was another one of Greenspan’s bubble.  

Have a look at Gross’ Total Return Fund’s top 10 holdings. Recall this is the world’s largest mutual fund.

Perhaps you remember Bill Miller. From 1991 through 2005, Legg Mason’s Bill Miller was (allegedly) the only mutual fund manager to have beaten the S&P 500 Index each year for that 15-year period (allegedly).

Perhaps you remember Bill Miller. From 1991 through 2005, Legg Mason’s Bill Miller was (allegedly) the only mutual fund manager to have beaten the S&P 500 Index each year for that 15-year period (allegedly).

I want to warn those of you who have accounts with Charles Schwab to close your accounts immediately. The situation involves errors in order entry for which Schwab refuses to acknowledge or correct.

Some of the world's biggest con artists went from first trashing cryptocurrencies early on when the market was small, to promoting them once they saw the audience of suckers explode to huge numbers.  Take the case of Tony Robbins, arguably the world's biggest con man...

The media is a criminal organization which seeks to deceive its audience for the benefit of its advertisers, who fund the media. The media doesn’t give a rat’s ass about you because you don’t pay them; advertisers do. Why do you think the financial media is filled with so many broken clocks, idiots and con men?

Below is a broef teaser for an article expected for release over the next several days. The article ties everything about cryptocurrencies together. It's likely to the be most informative and insightful article on the topic ever written.   ------------------------------------------------------------------------------------------------------------------------------- Don't Be Fooled. Gary Gensler is a Shill for the Cryptocurrency Industry. A few years after Gary Gensler left his position as head of the Commodities Futures Trading Commission (CFTC) in 2014, he began lecturing at MIT.  Immediately upon being appointed as a lecturer at the MIT Sloan School of Management, Gensler began promoting cryptocurrencies through the guise of blockchain technology. Cryptocurren......

From 1991 through 2005, Legg Mason’s Bill Miller was the only mutual fund manager to have beaten the S&P 500 Index each year for that 15-year period. That should have been a warning sign alone. Instead, everyone called him a genius. I suppose no one read When Genius Failed.

I wanted to see what Larry Kudlow was up to with his latest propaganda so I checked a site he recently began making posts on. Let’s have a look at Kudlow’s healthcare propaganda.

I have previous written a few posts about the so-called Tea Party Movement, discussing how many Americans have been fooled by this front for the Republican Party. Sure, of all of the Tea Parties across the nation, there were some that did not embrace the right-wing agendas - at least in the beginning.

I've previously shared my views on the insecure Zionist Jewish blabber mouth and self-proclaimed "Mr. Know-it-All," Mark Cuban.  In fact, I was the first person to publicly expose Cuban as a drunk in an audio back in 2015.  In that audio I also discussed some of the realities of how he obtained his money.   See here.   In addition to his obvious character flaws, it appears as if Cuban might also be a sexual deviant and molester. There's certainly good reason to consider this possibility. You see, according to a recent investigation Cuban was accused of sexual assault while drunk at a night club in Portland, Oregon a few years ago.  That's right folks. DRUNK at a NIGHT CLUB!  As you'll recall, in 2015 I specifically pointed out that Cu......

I previously talked about Charlie Munger's terrible investment in BABA. We have yet another "great investor" who promoted BABA as a great "value investment."    Perhaps you remember Bill Miller. From 1991 through 2005, Legg Mason’s Bill Miller was (allegedly) the only mutual fund manager to have beaten the S&P 500 Index each year for that 15-year period (allegedly). That should have been a warning sign alone. Instead, everyone called him a genius.  It turns out that Miller was no more of a genius than any of the hacks on CNBC. After the 2008 financial crisis, Miller’s fund collapsed into the bottom quintile in 1, 3, 5 and 10-year performance. Miller did little more than ride the coat tails of the bull market of the 1990s, while exposing inves......

Folks, if you are going to listen to individuals for your investment decisions, you had better damn well make sure they have an excellent track record and no bias.  Needless to say, Peter Schiff has a lousy track record and his views are loaded with bias.

I began my mission helping investors steer clear of Wall Street because I learned firsthand how the game was played after having worked in the industry.  Thereafter, I learned how the media helps Wall Street after I was black balled by all media in 2006 and thereafter for trying to warn main street about what would become an unprecedented financial crisis in 2008.  My mission has been to help investors become more knowledgeable and successful by providing cutting-edge investment research as well as top-notch educational content. I think I've done quite well in that regard.  As a part of this mission, I have also spent a great deal of time and effort exposing the criminal activities of the financial media, as it works with Wall Street to deceive and defraud main str...

As I continue from Part 1, let me explain further why mutual funds can get killed during bear markets. A down market is the best way to lower the cost basis of the fund’s securities positions.   But during a bear market, funds have very little cash because investors aren’t buying funds. As well, remember that fund managers can’t go to cash so they’re not able to lower the cost basis of their most undervalued positions.   But they have another, often bigger problem to contend with; net redemptions.