To: Peter S. Goodman, New York Times The following email (I no longer have the previous email) was in response to Peter Goodman asking me if I have proof that Washington Mutual was not insolvent and was seized inappropriately. I had previously emailed him with information about the illegal seizure of Washington Mutual. Background reading materials The Biggest Banking Heist in World History: Washington Mutual Illegal Seizure of Washington Mutual (complaint to SEC) Blast from the Past: Mike Predicts Demise of Washington Mutual and Lehman Evidence the SEC Ignored WaMu's Request to be SAVED WaMu: One Year Later and Still No Indictments WaMu Insider Trading & Naked Short Selling Ignorance of Main Street Best Seen in WaMu Shareholders WaMu Coverup: Email to Dan Wilchins Re...
As a result of Stathis' accurate interest rate forecasts, his institutional clients and others who might have access to interest rate swaps and other dervivatives linked to interest rate changes have been able to make a killing.
If I hired a full-time staff of 100 financial professionals specifically dedicated to the task of calling out all of the media’s so-called financial experts (largely comprised of lifelong snake oil salesmen and Wall Street hacks), pointing to their miserable track records, while setting the record straight on their exaggerations, drama-filled statements, bias, agendas, cheerleading and apocalyptic predictions, we would be unable to address even one-tenth of the propaganda that continues to invade the minds of Americans.
While I do agree with Congressman Ron Paul's position on the Federal Reserve, this by no means should be used as a blanket endorsement of his political and economic views; and certainly not his views on healthcare. The Federal Reserve mafia has been in control of America since inception. This cartel has worked particularly hard over the past two decades to gain control over the global banking system. So, you had better believe they aren't going away, nor is their control. They’re too powerful now, and they won’t allow anyone to get in their way. They control Washington. They control the media. They control economists. They control your lives. As we have recently witnessed, President Obama has been instructed by his puppet masters to grant the Fed even more power....
Who is Chris Martenson? Is He Legit? And is He on Your Side? In this 3-year investigation of Martenson, we lay out the details of how this snake has elbowed his way into the gold charlatan network in this 60-page report. We issued a warning about Martenson a while back, knowing well what he was up to, but we just did not have the time to do the investigation and write-up required to present a bullet-proof analysis. Click here to read our previous warning. More recently, we exposed what a complete clown Martenson is by showing his predictions on commodities and the US stock market. Click here and here to view Parts 1 & 2 of this video presentation, respectively. The full report on Chris Martenson can be found in our famous Encyclopedia of Bozos,...
Despite the strong closing bounce off the new intraday low of around 7400 reached on Friday, it’s likely the Dow has further downside. These lows may not occur for another 12-18 months.
Here, Mike provides a video introduction to the vast network of con artists who have been pumping gold and doom. The full analysis is contained in the ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes, as well as in related articles. Combined, Mike has written more than 2000 pages and produced more than 50 videos exposing these clowns. We continue to add to this massive resource. Always remember that if you want to make money, the very first thing you need to do is determine how to avoid losing money. The best way to lose money is to listen to the guys contained in our ENCYCLOPEDIA.
The following piece reinforces what I have been stating countless times over the past several years. Anyone who wastes time watching or reading anything CNBC, Bloomberg, the Wall Street journal, Barron's FOX, or any other Jewish-run media firm is naive and will surely get screwed. The same applies to websites that claim to provide investment research but in reality are part of the copywriting industry (Zach's, Motley Fool, Seeking Alpha, etc.). Failed hedge fund manager Whitney Tilson spent many years partnering with Jewish-run media platforms such as CNBC and Bloomberg attempting to lure naive suckers into his trades in order to deliver positive investment performance. Lining up to deliver a pitch to suckers who watch these scam networks is a very common "investment strat...
Once again, Mike Stathis nailed the most recent market sell off in April.
According to Paul, healthcare should be run like mobile phone providers! Okay let's see. Mobile phone carriers tie you into legally-binding service contracts with extortionist penalties for breaking the contract even when they fail to render services, etc. In fact, America's healthcare is already run like mobile phone providers. That's one reason why healthcare has become such a problem. See here When the interviewer in the above video (Aaron Task) mentions that most consumers are dissatisfied with their phone carriers, Paul counters with his typical generic reply - "there's too many government regulations on [phone] carriers." Wrong again Congressman. It's been selective government regulations (lobbied for by the big industry leaders) that...
Max Keiser has been in the business of creating fake news for well over a decade, but not by accident nor due to ignorance. Keiser is in the fake news business. Keiser entered the into the business of fake news well over a decade again in order to promote money-making scams for him and his gang of Jewish shysters. If you want an idea who these shysters are, simply examine the guests Keiser has featured on his low-budget fake news show, The Keiser Report which is broadcast by one of the titans of fake news, Russia Today. For several years now Max Keiser has reinforced a barrage of myths and disinformation created by the gold pumping syndicate of Jewish scam artists. He has also pulled the same kinds of campaigns promoting cryptocurrencies. Even if you're fo...
In this article, I'm going to blow the lid off of the commodities and futures markets. After I expose this widespread fraud, I am likely to face numerous repercussions by those in the industry who are upset that I have exposed this fraud that no one ever discusses. I'm also going to tell you the secret to making money in the capital markets.
As someone who has been an active participant in the capital markets for nearly two decades, as well as a watchdog for Main Street exposing media spin and deception, consumer fraud, and securities manipulation, perhaps the single most important thing I have learned is the following:
In the November 2010 issue of the Intelligent Investor newsletter, our Chief Investment and Trading Strategist, Mike Stathis added Atheros Communications (ATHR) to his recommended list. At that time, shares were selling for around $32. In December, Mike reiterated his bullish sentiment for ATHR. Most investors hadn’t heard much about ATHR. This is a company that managed to keep a relatively low profile over the years, although it had quickly emerged as a leader in Wi-Fi devices. Mike had been following ATHR for over five years and knew the company well. During that period, he had traded in and out of the stock. In November 2010, Mike made the call to get back in again. The following month, Qualcomm (QCOM) announced an all-cash buyout, valuing ATHR at just under......
While some would consider Cramer a “stock pumper,” others would consider him their savior. I would consider him the “Dr. Phil” of Wall Street because, similar to Phil, he designs shows based on resolving some controversial issue with the intended goal of helping lost souls. I find it of no surprise that Cramer has made appearances on Dr. Phil. Both are in the same line of work – cheeseball marketing. At the end of each show both Dr. Phil and Cramer emerge as some sort of “Superman.” In short, both of these shows are more about entertainment than anything else and they create an illusion of “value” for their misguided viewers. While this approach isn't really damaging for the Dr. Phil Show, it can be highly damaging for a show b...
Approximately three months weeks ago the U.S. markets began to correct. We warned about this first correction in the May issue of our firms paid research publications.
I exposed Ron Paul as a huge scam artist many years ago when he was fooling the masses with his complete pointless and distracting "End the Fed" message. Why is the "End the Fed" rant pointless and distracting? Because one should focus on things they might possibly affect change rather than obsessing on things that they have no chance whatsoever in changing. Focusing on things that stand zero chance of changing actually serves to distract from real issues that matter and that might be changed. For instance, Ron Paul could have focused on the constant failures of securities regulators to prosecute billionaire criminals who commit various forms of securities fraud. He could also focus his attention on the fact that the hedge fund and private equities industries are stealing ma...
Ever since (finally) acknowledging the problems within the real estate and banking industries, several historic actions have been taken by Washington, Wall Street, the Federal Reserve and the U.S. Treasury – all in desperation.
As many of you may know, on March 27, 2008, Ford (F) completed negotiations to sell its Jaguar and Land Rover divisions to Tata Motors (TTM), a division of the Indian conglomerate Tata Group. The deal went for a reported $2.3 billion, despite Ford’s original cost of $5.2 billion for the duo ($2.5 billion for Jaguar in 1989 and $2.7 billion for Land Rover in 2000). However, after Ford pays $600 million into the pension funds of these companies, the deal will only net them $1.7 billion. But with total losses exceeding $15 billion in just the past two years alone, Ford was clearly desperate. It had no choice. It needed cash, and fast. This article was originally written in 2008 as a followup to the material I first wrote about pertaining to US trade policy in my banned 2006 book,...