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Win in the 7th Year! Joel Osteen’s Positive Gospel Message to Investors
“I believe you are coming into one of your seventh years. The seventh year is when you break free from any limitations that are holding you back.” — Joel Osteen Yesterday I met Joel Osteen, the prosperity preacher and TV evangelist from Houston’s Lakewood Church. My wife introduced me to him but I had enjoyed his sermons […]
Wall Street Teaches Economists a Lesson
“Gross Output, long advocated by Mark Skousen, will have a profound and manifestly positive impact on economic policy and politics. He deserves the Nobel Prize for his work!” — Steve Forbes J. Paul Getty, America’s first oil baron, insisted that the key to successful investing was to “buy into companies and industries that burgeon as […]
Newt Gingrich on #1 Lesson for Investors
In 1999, I met Newt Gingrich, the most influential Speaker of the House in the 20th century, for the first time. At the invitation of friends in Palm Beach, Florida, my wife and I spent a weekend with Newt and several other political leaders, including Rush Limbaugh and former Vice President Dan Quayle. Newt was […]
The Biggest Economic Time Bomb
“When it comes to roads, bridges, and airports, America is a Third World country.” — Jim Rogers, “Street Smarts” The August 29, 2015, issue of The Economist lambasted the West, and the United States in particular, for failing to address a ticking time bomb — rebuilding its roads, bridges, airports and other infrastructure when interest […]
Meeting with Donald Trump and Learning His Formula to Get Rich
“Stay with the winners… Invest simply… Be your own financial advisor.” — Donald Trump, “How to Get Rich” On July 11 in Las Vegas, I met up with Donald Trump, the front-runner in the Republican presidential race. He spoke at my big show, FreedomFest, before 2,500 attendees — a record turnout. For both of us, it was our lucky day […]
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My China Prediction Comes True — Now What?
“A Chinese stock market crash could set off a chain reaction around the world.” (August issue, Forecasts & Strategies, p. 4). Recently, I watched the film “Fast and Furious.” I thought it was a perfect description of the first serious sell-off since the financial crisis of 2008. I felt it coming, and I have warned my subscribers […]
Which is Best for Income: Real Estate or Stocks?
Over the years, I’ve met quite a few friends and relatives who need regular income but are afraid of the stock market, especially when it plunges from time to time (like it did on Monday). They prefer to invest in income-producing real estate. Several years ago, one of my relatives sold his business for several million […]
How Can Stocks Tumble When Consumer Spending is Strong?
“Consumer spending represents about two-thirds of the U.S. economy.” — Mitch Zacks, Zacks Financial Services (August) Financial guru Mitch Zacks, president of the popular financial site, opined this week that there was nothing to worry about in the stock market. Never mind that the economy is slowing dramatically in China and the Chinese stock market has […]
Is America Becoming a Third World Nation?
“America is becoming a third world country when it comes to its roads, bridges, and airports.” — Jimmy Rogers I currently am working on a paper for Australian economics professor Steven Kates, who is editing a volume called “What’s Wrong with Keynesian Economics?” The answer is “plenty.” One of the biggest problems with Keynesian economics […]
Oil Price Hits Super Bargain — Is Now the Time to Buy?
“Buy when blood is running in the streets.” — Baron Rothschild Oil, along with gold and other commodities, is going through a selling panic due to the strong dollar (most commodities are quoted in dollars) and a slowdown in China and most of the global economies. The pending nuclear deal with Iran means millions more […]
