For Some Strange Reason

Larry Edelson

For some strange reason, most investors I talk to think the world is doing just fine. They say the U.S. economy is growing. They say Europe is not collapsing as so many experts have feared. That Canada is fine and that Australia, too, has a bright future. And that the Middle East and terrorism are to be expected, ever since 9/11.

And for most investors, China’s recent troubles are not surprising, nor should they harm the global economy.

Let me be perfectly clear: I totally disagree. The world is a mess, spiraling lower into what will prove to be the worst financial crisis and global depression since at least the 1930s.

I don’t say that lightly. Nor to scare you. I simply speak the truth. Nor am I a pessimist. For after we pass through this crisis over the next several years, I actually see a far better, brighter world and global economy than ever before.

But let’s open our eyes now, if they are not already, and take a look around the world at the major problems. There are oodles of them.

The markets are on the cusp of a Category 5 hurricane.

Europe: Already technically in a depression based on GDP and unemployment. Sovereign debt to GDP at astronomical levels. Negative interest rates failing to stimulate economic growth. A record rise in anti-Semitism. Neo-Nazi groups gaining power.

Massive cultural rifts and splits developing between countries. Some due to the Syrian refugee crisis. Some due to old European conflicts brought back to the forefront due to the brain-dead euro experiment.

Catalonia ready to secede from Spain. Scotland preparing another attempt to secede from Great Britain. Northern Italy desiring to separate from southern Italy.

Spain, Portugal, Greece, Italy, even France — all technically bankrupt.

Capital controls now in place. Bail-ins now legal throughout the EU. Should a bank fail, you’re at risk of losing a major portion of your deposits.

Russia: Devastated by crashing oil prices and Western sanctions. GDP plunging 4.1% in the third quarter alone (latest available data). The Russian stock market down a whopping 32.6% just since last May. Down 65.5% since its 2011 peak.

China: Slowing, but still the brightest part of the world. Stock market panics scaring the pants off investors worldwide. The yuan, instead of strengthening as so many had expected, now sliding.

Southeast Asia: Slowing, but like China, very bright long-term. Stock markets falling. Currencies depreciating. Investors, nervous.

Latin America: Mexico, slowing. Argentina, a mess. Venezuela in shambles. Brazil’s GDP shrinking, its currency plummeting.

United States: Yes, brighter than all but China, but being propped up by capital inflows from abroad. Stock markets, fractured and vulnerable to collapse. Government bond market starting to implode. Deflation picking up steam. Unemployment figures, jerry-rigged. Real incomes, flat for nearly 15 years.

Some $18.87 trillion of official debt, equal to $59,100 for every man, woman and child. Total debt, household, business, state and local governments, financial institutions and the federal government: $64.57 TRILLION. Over $200,000 for every man, woman and child.

Total U.S. unfunded liabilities, not including any of the above: As much as another $200 trillion.

And all that is just surveying the obvious. For hidden beneath it all in at least three corners of the globe are broken governments, inept leaders, wasting decrepit bureaucracies, heavily socialist policies that will do nothing more than destroy modern civilization as we know it …

At least until the people of the world rise up, rebel and shout from the rooftops that they won’t take it anymore.

That time is coming and it will build in momentum over the next several years. You can see it right here in the U.S. where Donald Trump’s popularity is telling you — in no uncertain terms — that the American people are fed up with the status quo in Washington.

So what about the markets right now?
The worst start of a new year for the S&P 500 ever?

It’s a harbinger of what is to come this year. A rollercoaster ride through hell. Mark my words: This year will be as volatile and crazy as they come. As volatile as 2008 — 2009. Or 1987. Or the Panic of 1907.

Take your pick. We are on the cusp of the back wall of a giant, Category 5 hurricane and it’s going to be with us for years.

In last week’s column, I gave you three sneak peaks at what lies ahead for this year.

The most exciting one is already starting to come into place: A rolling thunder of bottoms and new bull markets in commodities.

An area where more money will be made in the next few years than any other asset class out there.

Stay tuned and stay safe,


P.S. We are on the cusp of the most profitable bull market of our lifetime. Stocks will be driven higher by powerful global undercurrents that Wall Street will either ignore or fail to understand. As the Dow doubles, some stocks will see explosive gains of 300%, 400%, 500% and more. Savvy investors who make the right moves will become very rich!

Click here for my free report and to find out how it could make you rich beyond your dreams.

Larry Edelson, one of the world’s foremost experts on gold and precious metals, is the editor of Real Wealth Report and Supercycle Trader. Larry has called the ups and downs in the gold market time and again. As a result, he is often called upon by the media for his investing views. Larry has been featured on Bloomberg, Reuters and CNBC as well as The New York Times and New York Sun.

Comments 107

Edward January 13, 2016

How does Harry dent see the complete opposite ? Dow to 3000...Gold to 300?

nitram January 13, 2016

My money is on Larry.

matt January 13, 2016


will January 13, 2016

my money is on harry!

ian January 13, 2016

Toss your coin,Larry or Harry,forget both just follow the charts and best of luck

hadja adama bah January 14, 2016

my dear larry Edelson. how are you? i need you help me money milplier, i need you to come to guinea ok please big kiss

UDO January 14, 2016

Edward I can't believe people still read Harry Dent's stuff . The guy never hit it once and makes money of people who have no clue either . And he always finds new ones . Amazing . You should try this - write some b. s. and sell it .

Will January 14, 2016

I see there is a comment under Will "my money is on Harry"; this is not from me. Harry Dent is the one who has it wrong. The world is like a rodeo, a three ring circus and WWW Smack Down all in the same arena at at the same time, which in my book spells crisis; and crisis spells gold. Harry has it wrong in that he thinks that gold is only good in times of inflation and not in times of deflation, while all the time ignoring that both can end in crisis. I think that both Harry and Larry stretch and shrink cycles to their liking; but at least Larry knows the correct direction things are going even though his timing forecasts are pufs of smoke stretched and shrunken by ill begotten cycles in my opinion. Good on both of them for telling people that everything is not all hunky dory like CNBC and most of the media would have us believe. The rodeo, circus smack down is just starting.

Bill January 13, 2016

What's a "truthful opinion?" It's still your opinion...for whatever it's worth. Or perhaps you have some untruthful opinions as well.

john January 13, 2016

With all due respect, Larry, it appears you're talking out of both sides of your mouth - "Category 5 Hurricane" and "31,000 Dow by 2017". What the...? Look at a long term chart of the S&P 500 or the Dow. There is a broadening top that suggests that sometime soon there will be a lower low than 2008-9. That would be a 70-80% drop, and it looks like the highs are already in.

Dai January 13, 2016

Agreed, Both sides of the mouth is a good call. Timing is everything. Don't be calling a 31k Dow when there is a canyon in between.

Doug January 13, 2016

John open your mind and listen to what Larry is saying.......because a Category 5 hurricane is hitting the financial markets money from all over the globe will come to the safest most liquid market on Earth. So our market will most likely have a good correction and then will explode even when all the fundamentals will be screaming that the market should be imploding. You obviously are not a subscriber to Larry's services therefore you are confused. I wish you luck.

David January 13, 2016

John- you need more info before you speak. Subscribers know otherwise. A little learning is a dangerous thing.

samm January 13, 2016

WELL SAID...way easier to double talk

Doug January 13, 2016 sounds like double talk because you are not hearing everything he is saying.

Bill January 16, 2016

That is exactly what he said so I hope that you can wrap your head around it. It will go way down....and then will climb to double. If you don't ride the big down, then get back in at the low and ride the big climb, you will be better off than losing over half what you have in the market by letting it ride. He is first predicting a crash, but he sees past that to where it will go all the way to 31,000. Got it now? Look at his track record...and yours. He didn't get caught in the crash in 2007-2008, and in fact tired to warn people....people like you who ignored and ridiculed him, just as you do now. Funny how history repeats itself for those who won't learn from their mistakes.

Harry P. Meier January 13, 2016

Dear Larry, I'm a subscriber to the “Supercycle Trader”. Recently I received an invitation to subscribe to your “Real Wealth” report. In the meantime the Supercycle Trader program is sending regular emails. It looks like the same emails are being sent to both kinds of subscriptions. If the same information goes to both, why should I subscribe to both. As a matter of fact, I should probably replace my subscription to the Supercycle Trader with the Real Wealth report, because that one is a lot cheaper. I would appreciate a clarification and suggestion on how to proceed. Thank you,

David S. January 13, 2016

Those e-mails (and this blog) are not trading instructions. The latter is what you're paying for in Supercycle Trader.

UDO January 14, 2016

Harry I make you a bet you will NOT hear from him - maybe in 6 month but that is early - good luck .

leeuwenburg January 13, 2016

Yes, yes...wonderful !!! uh... call the ambulance !

Willie January 13, 2016

Great article! What is your view on Africa?

Steve January 13, 2016

Larry, Your recommendation of FCX has done beyond terrible! This stock is down almost 50 percent in a couple of weeks. Maybe your timing chart need to be fine tuned since they are apparently not working!!!

Michael January 13, 2016

You have to remember that FCX is a LONG-term recommendation. With stocks dropping like crazy the first few weeks, it is only to be expected that FCX would also be hit hard. You can't expect to double your money in a month or two. You've got to be patient. Give it a year or so, and I think you will find FCX profits quite nicely.

Dan January 13, 2016

FCX is a long term recommendation. Larry said buy at $7 in December. It is now at $3.99. He says sell at $3.49 stop loss. Very close to a short term 50% loss by my math.

AL January 13, 2016

Larry, I sold off FCX to book tax losses .in 2015.. Is it now an evev better buy at $4 and change or hold off until the dust settles? Is oil going to snap back those UCO April calls +from 2.41--today .97 cents

Judy January 13, 2016

FCX with an Eps of -10.51? Yikes!!! If this one makes it will probably be longer than a year

eagle January 13, 2016

long-term? then why would you put a stop on it?

craig January 13, 2016

Look, Larry already has your money so quit complaining!

John January 16, 2016

I gave Larry's prediction of immediate U.S dollar and U.S. stock market crash three years time. Still waiting, while having lost half of my stake. Of course, it's my stupidity to believe in his investing horoscope. Nobody's fault by mine.

Phil January 13, 2016

Generally a bit disappointed with constantly gloomy commentary but few decent money making tips and much equivocation.

dave January 13, 2016

The market is all smoke an mirrors. Of course GM announced that it beat expectations and also raised it's earnings per share guidance for 2016 BECAUSE there are fewer shares trading due to their $5b repurchase program which was just increased by another $9b. With less shares outstanding you have more earnings per share. Peal back the onion on this stock as well as Alcoa's earnings report yesterday and you will see their revenues are down and their forecast is anemic growth. How is this good news for the economy and the market. Just like in 2008, Lehman and the others all had an A+ rating right up till the day they went under. Someone, somewhere in the main stream media needs to follow and report this as it is and then people need to be held accountable for blowing smoke.

dave January 13, 2016

typo - increase is another $4b not 9

Walt Pistor January 13, 2016

I've been following you for 8 months. The biggest obstacle in investing with your service is your past reputation; I.E. what people say who have invested with you on line. Gumshoe is a good example. What evidence can you provide me of past performance to show me differently? Thanks, Walt

Sohail January 13, 2016

Harry, The information in both publications is broadly the same. Supercycle trader is for speculative money and short term trades. Real wealth does not give you these opportunities it is for cor wealth not speculative trading.

Dan January 13, 2016

There is a section in "Real Wealth" called "The Speculator".

David S. January 13, 2016

Yes, but it's a small piece of the Real-Wealth pie.

Rich January 13, 2016

A lot of good questions, above. Why does Dent see a near total collapse, while Larry sees, after a market pullback, a huge bull market to a 31,000 Dow? Is Dent correct? Is Larry? Larry's War Cycles have been solid, as has his grasp of gold and silver. But is he correct on gold and silver bottoming soon and then skyrocketing? Above, all comments are solid. Larry should answer all of these questions very clearly. It is very important, Larry, to establish trust.

Bud Wood January 13, 2016

We have been profitably following Edelson. I have a lot of confidence in Edelson's suggestions. I do not in Harry Dent's.

Malcolm Jensen January 13, 2016

Why did you feel that you had to label your opinion as "truthful opinion?"

Don Allman January 13, 2016

What sector do you recommend now - anyone to avoid?

151 January 13, 2016

Cash - Stocks.

John January 13, 2016

As far as I can tell he doesn't claim to be a short term stock picker per se but provides what he calls longer term recommendations as stated in the Real Wealth emails to his subscribers. Perhaps that is where the criticisms come from when the timing has not been right and money is lost. Stock prices are more volatile subject to what individual investors do so why expect him to be making the right calls unless he is specializing in those stocks. Don't buy a subscription for one reason and expect it to do something else for you.

Dan January 13, 2016

I bought my Real Wealth subscription for exactly the reasons given by Larry. I'm down a bundle.

David January 13, 2016

Dan, Larry has been correct in Real Wealth to wait to buy Gold and Silver and especially Miners, he has been wrong so far on several positions, FPL, FCX and a couple of others but his advice was for very small allocations, for example 3 % of the 20% in one of his five categories; so yes he has losses but they should be small. He does have some winners in ZSL and EPV. Not fun to lose money but so far he is still being extremely conservative and apart from his holdings of Gold and Silver bought years ago Real Wealth is mainly in cash.

Ted F January 13, 2016

Anti-Semitism is old hat in Europe. During the Crusades in Germany the Crusaders went on Jew killings sprees on their way to the Holy Land. The Jews were at one time or another barred from every European country. During the events leading up to Waterloo the British were forced to remove anti-semitic legislation because only the Rothschilds were willing to buy British war bonds. The blood lies (That the Jews drain the blood from some small boy for the passover matzos, matzos only contain water and matzo) were so bad in Prussia Frederick Barbarossa had the threaten to execute any one spreading them. Strangely enough until the last century Jews were better off in Muslim lands. Why Netanyahu reminds us Israel is the home of every Jew.

151 January 13, 2016

Anti-Semitism is now occurring big time on our liberal American campuses. Many students are very afraid to wear identifying jewelry or garb.

joe January 13, 2016

Well ... the bad ones were/are really wicked and evil. We weren't there back in the history pages, but the current Wall Street/Corporate characters tell us something about the wicked and evil ones. Unfortunately, there are no neat, clear-cut excision ... the many good ones pay the price along the intended evil ones.

Johanna January 13, 2016

I doubt there is much "anti-semitism" on Univ. campuses. There probably is a lot of anti-Israeli sentiment but that is qute a different thing. A great many of us doubt very seriously that Israel has the right to exist just because 3500 years ago God gave Palestine and the Palestinians to the Jews. By the way, since when are Arabs not semites?

Truth seeker January 13, 2016

"Unfortunately, there are no neat, clear-cut excision … the many good ones pay the price along the intended evil ones." Yes, just like good Catholic Priests vs the pedophiles and other miscreants. Martin Luther (the apostate Augustinian priest) made the same error with his so called "reformation" more accurately called the revolution. Anyway, I digress and my intention is not to insult Protestants per se, but to state truth (not opinion) the Catholic Church is the the true Church Divinely instituted by Christ... There is a human element in it that can fail, but the Catholic Church can never fail. As for antisemitism, remember all the Blessed Virgin Mary and Our Lord and Saviour Jesus Christ were of the Jewish race. Larry's long term doomsday forecasts are correct. All would do well to study information at the site (especially Catholics)... this is a spiritual battle - money in itself will not help you for what is coming. The entire world has become Sodom and Gomorah - open your hearts people and find the truth - your very souls depend on it. J.M.J.

Ted F January 13, 2016

Johanna 3500 years ago the Palestinians were not there. They started to come in as various peoples in the second century CE under the Romans. They were eventually recognized as "Palestinian Arabs" by the Ottoman Empire a couple of centuries ago. And Jews have lived in what is now Israel and the area east of the Jordan River for those 3500 years. And they lived all over the Roman Empire which included what is now North Africa and the Middle East for over a thousand years before Mohammed was ever born, until 1948 when nearly a million Jews were run out of the Muslim countries and more than one in six died in the deserts trying to get to Israel or the US. The Ottoman Empire for centuries settled Jews in Israel. In 1920 the British agreed to divide Palestine which included what is now both Jordan and Israel into a Jewish country west of the Jordan River and as Arab country east of the river. At first everybody agreed to the idea which included Christian Lebanon in the French held areas, that is until the Arabs were established in the Trans-Jordan then backed out of the agreement and launched a civil war that lasted two years and killed tens of thousands. Jerusalem was to be under international control which today parts are. The Dome of the Rock is under Jordanian control and the Church of the Sepulchre under Catholic and Eastern Orthodox in alternate years. The various populations were to immigrate to their respective areas. In other words the Palestinians agreed not to be in Israel and the Jews agreed to not to be in the Trans-Jordan. There are no Jews in Jordan.

D2 January 13, 2016

I wonder how those same students would feel about living under Sharia Law? Go ahead dummies, support Antisemitism. BUT, don't complain when you find out the hard way that Islam isn't what you were expecting (especially you women).

CGP January 13, 2016

With all due respect read the book of Revolation and then Daniel ch 11 12 and look at the situation and you will see that things are unfolding just as prophisied. Things are not going to improve and God in His own time will shut things down

Elias Wittenberg January 14, 2016

Martin Luther (1483-1546) (Lutheran): “Luther … proved, by the revelations of Daniel and St. John, by the epistles of St. Paul, St. Peter, and St. Jude, that the reign of Antichrist, predicted and described in the Bible, was the Papacy … And all the people did say, Amen! A holy terror seized their souls. It was Antichrist whom they beheld seated on the pontifical throne. This new idea, which derived greater strength from the prophetic descriptions launched forth by Luther into the midst of his contemporaries, inflicted the most terrible blow on Rome.” Taken from J. H. Merle D'aubigne's History of the Reformation of the Sixteen Century, book vi, chapter xii, p. 215. Based on prophetic studies, Martin Luther finally declared, “We here are of the conviction that the papacy is the seat of the true and real Antichrist.” (Aug. 18, 1520). — The Prophetic Faith of Our Fathers, by LeRoy Froom. Vol. 2., pg. 121. John Wycliffe: “When the western church was divided for about 40 years between two rival popes, one in Rome and the other in Avigon, France, each pope called the other pope antichrist - and John Wycliffe is reputed to have regarded them as both being right: “two halves of Antichrist, making up the perfect Man of Sin between them.” — Ibid. John Wesley (1703-1791) (Methodist): Speaking of the Papacy, John Wesley wrote, “He is in an emphatical sense, the Man of Sin, as he increases all manner of sin above measure. And he is, too, properly styled the Son of Perdition, as he has caused the death of numberless multitudes, both of his opposers and followers… He it is…that exalteth himself above all that is called God, or that is worshipped…claiming the highest power, and highest honour…claiming the prerogatives which belong to God alone.” — Antichrist and His Ten Kingdoms, by John Wesley, pg. 110. Thomas Cranmer (1489-1556) (Anglican): “Whereof it followeth Rome to be the seat of antichrist, and the pope to be very antichrist himself. I could prove the same by many other scriptures, old writers, and strong reasons.” (Referring to prophecies in Revelation and Daniel.) — Works by Cranmer, Vol. 1, pp. 6-7. John Knox (1505-1572) (Scotch Presbyterian): John Knox sought to counteract “that tyranny which the pope himself has for so many ages exercised over the church.” As with Luther, he finally concluded that the Papacy was “the very antichrist, and son of perdition, of whom Paul speaks.” — The Zurich Letters, by John Knox, pg. 199. John Calvin (1509-1564) (Presbyterian): “Some persons think us too severe and censorious when we call the Roman pontiff Antichrist. But those who are of this opinion do not consider that they bring the same charge of presumption against Paul himself, after whom we speak and whose language we adopt… I shall briefly show that (Paul's words in II Thess. 2) are not capable of any other interpretation than that which applies them to the Papacy.” — Institutes of the Christian Religion, by John Calvin. Roger Williams (1603-1683) (First Baptist Pastor in America): Pastor Williams spoke of the Pope as “the pretended Vicar of Christ on earth, who sits as God over the Temple of God, exalting himself not only above all that is called God, but over the souls and consciences of all his vassals, yea over the Spirit of Christ, over the Holy Spirit, yea, and God himself…speaking against the God of heaven, thinking to change times and laws; but he is the son of perdition (II Thess. 2).” — The Prophetic Faith of Our Fathers, by Froom, Vol. 3, pg. 52. Cotton Mather (1663-1728) (Congregational Theologian): “The oracles of God foretold the rising of an Antichrist in the Christian Church: and in the Pope of Rome, all the characteristics of that Antichrist are so marvelously answered that if any who read the Scriptures do not see it, there is a marvelous blindness upon them.” — The Fall of Babylon by Cotton Mather in Froom's book, The Prophetic Faith of Our Fathers, Vol. 3, pg. 113.

Al McNal January 13, 2016

Couldn't say it better Larry.

Anton Braun January 13, 2016

just want to know a lot more about your plans

joseph deka January 13, 2016

Although Larry's way of thinking does make a lot of sense and are directional OK, in timing he is a disaster. It cost me a lot of money. It is again a proof that financial forecasting is a fools game (even for the Motley Fool). Furthermore there are huge internal contradictions within Weiss Research. Larson and Edelson do differ quite a lot. Confusing. Same with Stansberry, all contradicting. Jeff Clark being te biggest disaster of all. So for me never any paid service anymore. Even Navellier is CRAP. Even more that that. All the investors/sheeple buying shares with his "up to price level" are in very deep negative territory. But hey, stupid investor, you should realize it is for the "LONG TERM". All discussions closed. Stupid me.Cherio

David January 13, 2016

Joseph, I am a Stansberry Flex Alliance subscriber and you are correct their advice has been a disaster for the last 12/24 months, three of their Premium Services, Extreme Value, True Wealth Systems and Jeff Clark's Pro Trader , all cost several $1000's a year and are examples. I put together a spread sheet on True Wealth Systems in 2014 and 2013 to show that if you only bought the current monthly recommendation you would have lost money, not including commissions and the cost of the service. Stansberry was trumpeting the wonderful record. When I sent in an email to ask how they could claim profits when True Wealth's M.O is to buy what is cheap, hated and in an uptrend, I received no answer. The only reason that True Wealth Systems was profitable was because of positions bought years ago that were no longer cheap or hated and that any new subscribers would not be in these if they followed Steve's "rules". I asked the same questions to Stansberry in 2013 and 2014 but never received an answer or even an acknowledgment. This is not to criticize Stansberry especially but to agree with you that even expensive Newsletters have been wrong. By the way True Wealth Systems just recommended a new short position.

Denny January 13, 2016

Thank you, David. I'm a reader of Daily Wealth I always felt I was missing something by not being a subscriber to True Wealth as Steve always brag about double and triple digit gains.

craig January 13, 2016

It's like going to the market, they have everything. So the owner of the market makes money no matter what you buy. If they don't have what you want, they sell you what they have. It's your choice whether to buy it or not. Due diligence and a watchful eye is always required.

151 January 13, 2016

I suggest you try the Urantia Book.

Bette ISRAEL January 13, 2016


david January 13, 2016

Have to think that the most people you are hearing that the world is just fine from are saying so because they have no interest in forecasting the world markets. A difficult task. India is not on the list. We touch on this before imagine the standard of living in Iran ( by the way saw the movie 13 last night, it is excellentthe true story on Bengahzi, opens Fri.) opportunity to be trained in terrorism by the govt. as a future? Etc....Remember until 9/11 there hadnt been war on U.S. homeland in over 200 yrs.

Dave January 13, 2016

Us folks who live in Alaska have a somewhat better memory than you do. As do the folks in Hawaii.

Al January 13, 2016

I certainly agree with Larry regarding the fact that people are fed up with "insider" Washington, D.C. ... If we ever have the chance to impose "term limits" on elected officials, the nation as a whole would benefit. ... I suggest 4 year terms for both U.S. Representatives and U.S. Senators whereby half of each side of the isle runs for election every two years. ... Term limits for all would be 12 years. ... There certainly are enough qualified (and less self interested) people to be in a pipeline for elected office, and folks like Ted Kennedy who stay in office 'till they pass away would not be an issue.

Ron January 13, 2016

Larry , how do you feel about investments in Russia, the economy is based on oil sales and price and with all the wars this would look to be a good bet. I see wheat , soy beans and corn are starting to rally, is it time to start looking at soft commodities ?

Tony Gault January 13, 2016

Some investment groups are saying that there is a product that will replace oil in the near future because it can be produced at a very low price. Is it true and if so what is it.

david January 13, 2016

Tony Its breaking the chemical structure of nat apart and reconstructing it as gas.Siluria is teaming with saudi aramco on it among others cvx opened a plant recently.

craig January 13, 2016


Rich January 13, 2016

All the people complaining need to realize that each person is responsible for their money. I don't care what subscription a person has, ultimate responsibility lies with each investor/trader. I am willing to pay for any subscription that gives me added insight or perspective. No one should take any recommendation as gospel truth. Gather information, make up your own mind, take action, & then take responsibility for your action. If you don't determine ahead what size of a loss is acceptable & you are not ready to accept that loss, then DO NOT put your money at risk.

David S. January 13, 2016


Noel January 13, 2016

Larry. You've called the market correctly again. What a man in our hour of need. I had a boss many years ago and he used to say to us "I am trying to save you from yourselves". You are doing that also. Noel.

Bill January 13, 2016

Hello Larry, In regards to FCX, you recommended to buy at $ 7.00 and to sell at $ 3.49. That result's in a loss of $ 3.51 per share plus fees. I waited and waited until the price dropped below $ 4.00 and bought a small position yesterday at $ 3.83 including fees. So if the price drops to zero my loss is not much greater than someone buying at $ 7.00 ??? My question is if FCX has enough cash flow to cover the next 2 years or 3 years of cost , should a person who bought at $ 7.00 double down and buy a another small position of FCX at below $ 4.00 per share ??? Bill

Mick January 13, 2016

Be prudent and hedge with FXY and SDS

Bill January 13, 2016

We are on the cusp of the back wall of a giant, Category 5 hurricane and it’s going to be with us for years P.S. We are on the cusp of the most profitable bull market of our lifetime.

David S. January 13, 2016

NO ONE plays the fear and greed cards as deftly as Weiss, Inc does. Gotta hand it to 'em.

George January 13, 2016

Stick to your guns Larry. You are the one with the War Cycles. They may be off from time to time but they eventually prove you correct. Nobody can be perfectly accurate. If readers want perfection, then they are whistling past a grave yard.

Ileana January 13, 2016

I have been a reader of Weiss reports for several years. I find them interesting, but do not follow them. If you look at independent assessments, their predictions are not better than the average. Unless you like to "play" or "gamble" with your money, why put so many resources and trust your future to mere speculation? Some predictions seem right. I believe that commodity prices will go up simply because Asia is prospering, has a huge population and not enough land/ resources. So, they will import what they need and more, what they want and do not consume much now, such as expensive beef, etc. Alternatives to oil will keep developing, so will technology, space travel and war for sure. I wonder: who really cares about nations' debt? Who is going to come and tell the US to pay? Or to European countries? (when Germany discontinues being Europe's cop?), or China in the future? When debts become generally unpayable, they will probably cease to exist. We could create such scenarios as we wish, some will probably be right. I think most people would be better off fighting to keep and improve on Social Security, Pension Plans and some controlled investing firms.

craig January 13, 2016

Don't forget central banks are privately owned so they care if governments can pay.

Bill January 13, 2016

ALL, repeat ALL commodities and gold and oil, and EVERYTHING is a long term BUY !! But will you live long enough to see the results of that LONG TERM.....?? Listening to all these guys.......sheeesh....

The Larry Slayer January 13, 2016

As usual Larry as confused as ever. Not a clue as to what's going on and using all sorts of names and creating frivolous posts. Pure charlatan. But hey in several years when he's wrong - who will remember. Lather rinse repeat those subscribers.

LeadZep January 13, 2016

I like to read Larry's opinions as well as Mike Larson's and History Lessons from Martin Weiss... I also like commentary from Jim (James) Rickards.

Michael January 13, 2016

It's great to read so much commentary and thanks Larry for that opportunity. Personally, there can be a lot of confusion and not enough corroboration between the various reports and commentaries that inspires confidence to make a suggested trade. Maybe that's me being conservative, but hell, it's the money that counts. Your primary message is clear though - commodities, gold and silver. Now it's timing. As for governments and management of debt, the human race is full of creative people. What's the next rabbit to be pulled out of the hat Michael B

craig January 13, 2016

As far as timing foes, there was a blond female analyst (can't forget her face but don't remember her name) predicted that the market would not be buyable until banks were selling for 3 x PE. That was as the meltdown was happening and before they came with QE to pump up the markets. Just a matter of timing as you say and I beliveve she may turn out to be right.

Mark January 13, 2016

My question is not of a financial matter but of a regulatory matter. With HFT (High Frequency Trading) becoming the accepted norm of the big Boys on Wall Street how can you as an individual feel comfortable and invest in a money making scheme your not part of? Wall Street and Banking regulatores have been asleep at the wheel so long the very system they're sworn and paid to protect is crumbeling due to their lack of a backbone to do their jobs and enforce the law. Larry points out that cooruption has played a big part of this next collapse just like in 2008. The financial system is as broken now as it's ever been and even though we know it's broken no one is standing on the roof tops shouting for justice. As long as we continue down the road we've been down and keep allowing Wall Street and the Banksters to manipulate the game, I'll have no part of playing a rigged game.

D2 January 13, 2016

Mark, I totally agree. If all individual investors pulled their money OUT of the rigged markets (and banks for that matter), we might have an influence. But right now, we don't have a chance. No one cares if we lose money. Its stupid to invest in a rigged market. Period.

John January 13, 2016


Geo January 13, 2016

Well Larry, disappointed w/ U as did mention that we're going to 31K and what happened NOW. Yes, girls/guys..... look at the charts

Richard January 13, 2016

no wonder your failing in stocks. you don't know the difference in stocks and religine. buy and sell stocks and go to church if you want to talk religion.

Rubit January 13, 2016

Do you think Larry is in the same category as Harry Dent?

UDO January 14, 2016

Rubit YES YES YES YES but he shouldn't be - he reads Armstrong

Rubit January 13, 2016

Do you think Larry is in the same category as Harry Dent with less emotion?

MAP January 13, 2016

You left out India, which is the brightest spot for both short-term and long-term, because of its size and demographics.

Gordon MacNiel January 13, 2016

Well Larry, I guess it shows how ignorant most investors really are about the current status of the world, AND, how valuable your service is to those of us who joined. For those who are whining about not seeing Dow 31,000 yet, don't be ridiculous, we have to go down to build up the energy to slingshot up or accomplish the phase transition. Magnitude is easier to calculate than timing. In Larry's intro to SC Trader , he mentioned we may have 7 out of 10 losers, but the 3 winners will make more than the losers, as we are using stops based on support levels in the underlying security, or commodity; and forget fundamental analysis, as most governments are full of BS in their numbers reporting. Technicals do not lie. Yeah, like we trade on the US BS employment figs, what a laugh. Personally, I am loving your service and at year end was up 23% , having started in early August, about 61% annuallized, and the fall (autumn) was somewhat slow in trading. This return is somewhat enhanced by trading in a US account having funded with Cdn $ in Aug My Dad is happy with getting 6%. Lol. Looking forward to a stimulating and profitable 2016. Thank you Larry for your guidance, and your Q & A sessions for education Gord

Scott January 14, 2016

I just closed a 2 month trial subscription to Weiss Research Natural Resource Options. I did a spreadsheet of all their recommendations, as well as downloaded the history of all their recommendation services on their website (which they make available for all their services for the past year - pretty ballsy, given the results). The only one that seemed profitable that I could see (which greatly surprised me) was Edelson's Supercycle Trader. Every other service is a loser, or at best, a churning break even. So, this tells you 2 things. All of these "services" that recommend options are pretty much doomed to be losers overall. This is because of the built-in nature of options. The people who sell options (mostly market professionals) are very smart, and price them to cover most of their risk. It's easy to look at a chart or indicator and see a pending trend change. But you can't tell when it's going to be, or how big a move it's going to be. So, buying options, while low risk, is totally at the mercy of the time factor and the size of the move. Therefore, the majority of these option recommendations are doomed to decay in value, often expiring worthless, because the awaited for trend change didn't happen in time to make the intrinsic value of the option greater than the time value that you're paying for at the beginning. As mentioned, Jeff Clark's trading service, which I also looked at, was a disaster. Now Jeff seems to be a fairly decent short term trader, in terms of his commentary. But his recommended option trades were just about all disastrous, because the move didn't happen in time, or the move wasn't big enough to raise the value of the option enough to be profitable. Now, if you were to take the other side of these trades, you could be quite profitable, particularly if you put a stop loss of 100% on the sale of options, just in case an option triples or more (pretty much the same as buying an option and letting it expire worthless - a loss of 100%). The 2 problems with that are, you have to have a lot more margin to sell naked options than to buy them, and things can happen overnight that will blow your stop out of the water, and give you a potential unlimited loss. The other problem is that all of Weiss services, and "analysts", are just a naked attempt to get your money. They make their money on getting yours, simple as that. A professional trading friend and author of mine was invited to come work for them, and he rejected them after doing some research and finding what a pit it was. They exist solely to write glowing and breathless advertising copy, designed to suck you in for easy riches. They generally have no clue as to actually analyze the market, let alone come up with winning trades. I've trialed a number of their services over the years (thank goodness never spent any money past the 2 months or so it took to check out their scam), and none seemed to be profitable. One of their biggest "experts", Mike Larson of the Interest Rate Speculator, vaunted to be such a guru of interest rates, had 100% losing trades in the period that I looked at his service. Unfortunately, I did take some of those trades (because the rationale sounded good, and the charts seemed to back them up), and lost a few thousand. And these guys have no sense of remorse at all about taking your money, and then losing more of it with their lousy trades. Consider also that these writers and "analysts" HAVE to come up with a trade every week or more. I think many times, there's just not that many low risk, high reward trades out there. But they have to come up with SOMETHING to justify charging you those high subscription fees. So they pump up some story that sounds plausible, and stick it out there, probably knowing that the odds of having a winning option trade on it are fairly negligible. The only thing to do is to ignore all the hucksters, and also ignore all market news, "analysis" and commentary, and rely on the charts and indicators. The indicators I use (Boomerang, WaveTrend and Bullseye) showed clearly and unequivocally that the broad market (S&P, SPY) entered a monthly sell mode in April 2015. In appearance, this signal was virtually identical to those made by the Euro, by gold and silver, and by crude oil as all of them began declines of 40-70%. Now, I made the mistake of not following the sell signals in gold and silver, because I listened to gold bug morons. Now I follow only the signals. I got out of all long stock market positions between May and June, and even took some shorts. Very happy now that I did that. The way the market stayed up as long as it did, into August and then back into Dec, was certainly a gift for anyone who wanted to exit or build up a short position. The handwriting was on the wall, it was just a matter of time before what's happened since Jan. 1 happened. Anyone still long in the market (especially in individual stocks, many of which have already plummeted 25-50%) deserves what they get, as there was plenty of signals to book their gains, exit, get short, hedge, whatever. Now, there's a small possibility that foreign money may flock to our market and get prices back up. But unless the signals change, the indicators are saying in no uncertain terms that this is a downward trending market, that you sell rallies, don't buy dips, and that the downtrend has a LONG way to go, barring some miraculous turnaround with very low odds. One final note - it is possible to use options and long term indicators to make a lot of profit. But it doesn't come around that often, and it takes a long time. Case in point - the Euro gave a monthly sell signal at around 1.38 in May 2014. I bought some 1.20 put options, that were 8 and 20 months out, for very little money ($50-100 each). In early 2015, when the Euro had crashed to 1.10 area, those options were worth $1100 or more each. A 10:1 to 20:1 return. But it took at least 8 months for that to happen. I'm sure there were crude, gold and silver put options that had similar returns, given the huge moves down they had. But it took a lot of time and patience to get those returns. A newsletter subscription is not going to be able to survive by limiting itself to those kind of recommendations, because people want trading action. They want to see a recommendation a week or more. But as described, those are pretty hard to come across on a consistently profitable basis. Therefore, lots of losers (which aren't mentioned), plus a few winners that are highly touted.

Alex Mills January 19, 2016

Thank you Scott for your well researched warnings! You have just saved me a small fortune, I am cancelling all my Financial news letters as a 2016 resolution and going to cash in MY investments. Will take a back seat and relax, waiting for The Charts to indicate buying gold and silver. Once again many thanks for this golden nugget of advice. Alex in Norway.

Susan January 14, 2016

I'm very impressed with your knowledge, Scott. Personally I'm tired of following advice from newsletters and am more interested in doing my own research. Thanks for the tip on the indicators that you use.

Pam January 14, 2016

Larry, why do you keep describing the European Union as a brain dead experiment. Isn't a United Europe a more formidable world power than it would be as a single country, like France or Germany alone? The EU definitely has problems---an ill conceived common currency without federal backing, laws that are unilaterally disregarded like the Dublin Treaty, Shengen being suspended in several member states and the rise of right wing parties in the face of millions of refugees entering Europe and fear of terrorism, insolvent Greece which increases the debt burden. Despite all these problems, Germany's GDP grew by 1.7% and Shauble announced a budget surplus because of higher employment levels. Why would Europe be better off if it were not a union?

Jim January 14, 2016

The only two long term investment trends you can count on are War and currency debasement. Jim

Richard January 14, 2016

Europe reminds me of the nice old man that died and no one has the heart totell him.

David January 15, 2016

See Kirby analytics...Ron Kirby talks of SPECIFIC,not general BS you spew Larry.The ESF,the dark side of the treasury with off balance sheet assets of trillions is buying USA securities,dollars ,treasuries dumped by International community.Hugo Salinas Price stated that a net selling of USA dollars occurred in the last 9 months or so by Global entities.ESF is gobbling up the selling,allowing the exporting of inflation on emerging markets,and helping Venezuela,Argentina, starve.The dollar ,you ,Larry say is so strong,is so because the ESF,worth 10's of trillions of dollars is soaking up the repudiated dollar denominated assets(liabilities)Go to youtube and write in Ron Kirby...the end is near interviewed by Greg Hunter of USA will get details FREE.Not generalizations to sell newsletters.

polywan January 15, 2016

willing travel around the world

AMEN!!! January 15, 2016

What happened to the October 7th CRASH????????????????????????

Denis January 15, 2016

Read all of the previous responses----opinions,opinions,and more opinions.My decisions are made by myself--based on factual information.(not opinions)

Bernie January 17, 2016

Larry is a very amusing fellow, indeed.

LD January 17, 2016

Looks like Scott told Mike Larson like it is. Weiss runs a scam and the subscibers are tired of it.

Roger January 17, 2016

Which service is the least scam?

Dum DUm March 4, 2016

OMG I just want to take another selfie