TFN eNews 09/30/2009: Better than stocks? Safer than gold?
Published via e-mail broadcast on September 30, 2009
In today’s TFN eNews:
* Gains taken on this state-of-the-art telecom stock add up to over 75%!
* Method to our madness
* Is this the beginning of the environmental media blitz?
Dear TFN eNews reader,
Is it swine flu? The common flu? Or just the well-deserved reward of a rained-out weekend camping on the C&O Railroad Canal with the Boy Scouts?
I don’t know and I don’t care. But instead of entertaining the TFN team with old-man coughing noises and feverish rants, I’m enjoying the relative quiet of my house, the soft snoring of the dog, and a one-man matinee of Clint Eastwood’s Unforgiven on the DVD player.
My absence from the daily duties at the office had no negative effects on the team. TFN’s Laura Cadden apparently found it liberating enough to pull the trigger on Hot Stock Confidential double-digit gainer #64. She wrote:
“The share price for this state-of-the-art communications provider is surging on the news that they’ve signed an agreement with AT&T to bring to market its fully integrated satellite cellular smartphone. Those that got in under our recommended entry price of $1.70 are up by over 50%.
“I recommend you sell half of your shares and retain the rest for the potential triple-digits (or MORE!) to come!”
By the time we received our control emails, the stock was up 75.3%!
That ups the average gains on our 77 closed stock positions up to 23.1%. The “cumulative” gains — a favorite talking point of newsletter marketers — are up to 1,781.7%.
Coincidence? Not with 64 double-baggers! There’s method to our madness!
*** “Clean technology has for the first time become the top category in U.S. venture capital investment, eclipsing biotech and software, as private money follows the government’s lead,” Reuters.com’s Felix Salmon wrote today.
“Solar was the leading category in $1.59 billion invested worldwide in 134 companies that make items such as electric cars, advanced batteries, green buildings, energy efficient building materials and renewable fuels and chemicals.”
$1.6 billion invested in 134 companies doesn’t quite knock my socks off. But over the last couple of days, I’ve predicted that politics will do its darndest to shift public attention from health care to world-saving environmental legislation.
Which will produce a bullish push for green technology stocks as media stories — such as this Reuters piece — follow the lead.
*** “If you think gold’s been on a good run, check out platinum,” says TFN’s Andrew Snyder today. “Its potential to make you rich is undeniable, no matter what the markets do over the next six months.
“To say the markets are getting nervous is an understatement. Traders are flat out shaking at the knees! Report show the housing sector remains weak. Manufacturing activity is slowing. Consumer sentiment is on the decline. Smart investors are cashing in their gains and running back to safety.
“That means assets like gold and Treasury Bills are hot commodities. As I write, the value of an ounce of gold is once again at the critical thousand-dollar mark, proving that investors are moving away from risk-filled equities and diving into tangible value.
“But if you think the run in the gold market has been noteworthy, dig a bit deeper through the commodities quotes and check out the action of the ultra-rare metals, like platinum and its cousin palladium. Whoa, Nelly!
“While gold moved ahead by just over 10% in recent months,platinum and palladium have surged 40% and over 55%, respectively.
“One of the chief causes is our good trading partner, China. With the greenback buying less than it used to these days (the dollar is down again today), China is stockpiling every hard asset it can find. Beijing particularly likes platinum and palladium because of their vast industrial uses, increasing its August imports by more than 90% and 60%, respectively.
“While some of the added importation can be attributed to economic growth, there is no doubt stockpiling is a major source of demand growth. This is a trend that will continue over the next 12 to 24 months as China’s economy rebounds and America determines its fiscal future.”
What’s in it for investors like you and I? Let Andrew tell you right here:
http://www.todaysfinancialnews.com/gold-and-resources/better-than-stocks-safer-than-gold-10099.html
*** The 3 Best Stocks under $3 to buy Now!
We expect these new recommendations to bring in gains of perhaps 145%… 55%… 67%. Better yet, I think we can take some of those gains before Christmas. But you have to act immediately!
Quote of the Day:
“In an age when facts seem to carry less weight than the visions of brilliant and charismatic leaders, it is more important than ever to look at the actual track records of those brilliant and charismatic leaders.”
– Thomas Sowell, Creators.com
Recommended Reading:
No bailout needed: Good news from the rags
Q4 Update: TFN Complete Guide to Stem Cell Stocks under $10
The 3 Best Stocks under $3 to Buy NOW!
Today’s Top 3 Financial News Stories:
TheMoscowTimes.com – Central Bank Makes Surprise Cut in Key Rates “The Central Bank announced a surprise 50 basis point cut of its key rates Tuesday, saying that while inflation was under control and the risk of ruble devaluation had faded, stalling credit growth and falling industrial output were placing economic recovery in jeopardy. The bank cut its refinancing rate to 10 percent from 10.5 percent and lowered the repurchase rate to 9 percent from 9.5 percent, it said in a statement posted on its web site. The rate cut is the bank’s seventh since April 24.”
Reuters.com — U.S. Q2 GDP decline eases; manufacturing still weak “The U.S. economy contracted in the second quarter more slowly than initially thought, but negative news on jobs and on manufacturing activity in the country’s Midwest region in September pointed to a patchy recovery from recession.”
Bloomberg.com — Greenspan Sees Growth Slowing as Stocks ‘Flatten Out’ “Former Federal Reserve Chairman Alan Greenspan said he sees the U.S. economy slowing next year as the surge in stocks comes to an end.”
Cordially yours,
J. Christoph Amberger
Executive Publisher, TodaysFinancialNews.com
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