Goldsmith comment: Porter is taking a week's vacation with his family in Miami. I'm sure he'll take his boat for a spin. And I'm sure the Coast Guard will detain him... again. If you're not familiar with Porter's luck navigating the waters around Miami, you can catch up here.
Porter will be back in the driver's seat next Monday.
"Gentlemen and Ladies, Have a very Happy Thanksgiving. I wish to thank you for all the great information and tactical advice you have provided me over the years. I can't tell you how happy I am that I finally became an Alliance member this past year. Anyone who hasn't yet signed on, I believe is just plain foolish. It's the best value out in the investment advice world, bar none!!" – Paid-up subscriber Attila Kerekes
We chose to start today's Digest with a mailbag submission. It's an unusual submission (it's complimentary). But it shares one of the best investments you could ever make for your financial health... The S&A Alliance. The Alliance is Stansberry & Associates' lifetime membership. When you join, you receive everything Stansberry publishes – and everything we publish in the future – for life (except for our Phase 1 Investor service). Plus, every quarter, we send you a model portfolio built with our 16 favorite stock picks (across four different categories) from our analysts' portfolios. We call this the S&A 16.
Alliance members are also invited to our annual conference. There, you'll have face time with the Stansberry analysts and gain access to exclusive, private investments. This year, on Kiawah Island, an Indian hedge-fund manager (who Steve Sjuggerud dubs the "future Warren Buffett of India") gave Alliance members the chance to invest in his private fund. The fund returned 70% last year. He's up big again this year. I know Steve is personally invested in this fund and has made a small fortune.
When we launched the Alliance in 2003, we charged $2,900. At that point, we only published three letters: PSIA, True Wealth, and Extreme Value. Our inaugural members took a leap of faith investing in a fledgling publishing company with no guarantee its "lifetime" would be longer than a few years. But the investment paid off.
Alliance members now receive 13 publications. Several of them cost more on an annual basis than our inaugural members paid for their memberships. And the cost of membership has increased every year since then to account for all of the new products. But it's still a great investment...
This year, we're charging $10,000 for the Alliance. Why the high price tag? Simply put, the Alliance is worth it. You won't find another financial publisher charging so little for so much quality advice... We've seen some research outfits charge $10,000 for a single report. Others charge $25,000 or even $50,000 for one annual subscription.
We're offering a lifetime subscription to 13 services... And we're adding five new services this year (look for the details in The Digest this week). Just one year's subscription to every service we publish (including the five new products) would cost $23,544.
The new service we're most excited about is called Off the Record – a monthly conference call with our top analysts.
Off the Record will allow us to give you a "real time" update on the opportunities and risks we see in the market – both short term and long term. In any given call, we'll feature four to five analysts... each discussing his take on current market conditions and recommendations.
Where is the best place to park safe cash and still earn a good yield? What is the single best trade you can make each month? What is the biggest risk to your financial freedom? We plan to cover all of these topics during each month's Off The Record.
Our first call takes place today. Porter, Sjuggerud, Rob Fannon (editor of Phase 1 Investor), and Frank Curzio (editor of still-in-beta service Penny Stock Specialist) will host the call at 5:30 p.m. Eastern time. If you're an Alliance member and miss the call, don't worry. We're making a replay available on the Stansberry website.
Among the topics they'll discuss tonight:
- Is the current stock market rally in danger?
- Will the Dubai debt crisis spark a huge wave of selling in the market?
- What is your No. 1 favorite investment idea right now?
We're also giving Porter the floor to discuss his latest prediction... the inevitable bankruptcy of the United States. In his most recent PSIA, Porter said the dollar will collapse in the next 18 months according to a little-known financial ratio, the Greenspan–Guidotti rule. This could be the single-most important prediction Porter has ever made – even bigger than his bearish warnings for General Motors, Fannie Mae, and Freddie Mac.
To access the conference call, Alliance members can click here.
This conference call service is a first for S&A. We've never offered so much access to our analysts. If you're an Alliance member, we'd love your feedback on the first call... feedback@stansberryresearch.com.
Stocks are approaching new highs while the dollar plummets to new lows. The chart of the S&P 500 looks toppy while the chart of the dollar displays a bottoming process. Both assets are ready to reverse trends, but it's too early to bet aggressively on that happening just now... It is, however, a good time for a small speculation. – Jeff Clark in the November 25, 2009, S&A Short Report
The day before we closed our offices for Thanksgiving, Jeff Clark sent the above update to S&A Short Report subscribers. He recommended buying December 11 calls on the Direxion Small Cap Triple Bear ETF. The fund is designed to return 300% of the inverse daily performance of the Russell 2000 Index of small-cap stocks.
The Dubai debt scare and weak holiday retail sales pushed the market down today, and Jeff's calls soared. Readers made as much as 100% in two trading days. And, just as Jeff predicted, the dollar also rallied. To learn more about the S&A Short Report, which is part of the S&A Alliance, click here...
New highs: Vanguard Inflation Protected Securities (VIPSX), Kinder Morgan Energy Partners (KMP), Keyera Facilities (KEY-UN.TO), 3SBio (SSRX), Jinshan (JIN.TO).
How have you benefited from your Alliance membership? Let us know... feedback@stansberryresearch.com.
"Thanks to Dr. Eifrig for his timely article. As an emergency physician I see the care, or lack there of, daily in my practice. There have been many changes to nursing home practices that I think need some further discussion however.
"There was a time when nursing homes (and their physicians and families) tried their best to keep patients out of the ER and hospitals. Now they often get sent to the ER for an 'evaluation.' I suspect the reasons are many but can be summarized by the following. 1) Liability – no one wants grandma who fell and hit her head to end up dying from a traumatic brain injury. Lawsuits (or fear of) are a prime motivation to send patients to the hospital. This is a hugely expensive endeavor, often yielding little.
"If something is found they get admitted, an operation, or multiple tests and procedures. 2) Physicians don't know their patients anymore because many are just the 'nursing home doctor,' and see the patient once per month. Medicare only reimburses for one visit per month. 3) The skill of nursing home staff has deteriorated over the years so their diagnostic and procedural abilities are far below what they were 20 years ago. 4) Families these days want everything done it seems, even though the benefit to the patient may be nil. There are days that I feel my ER is the 'constipation center of excellence' for the region (a problem all too common that used to be managed in the nursing home).
"If I could emphasize the most important aspect of your message it would be that a detailed discussion and agreement, far in advance of a problem, is the best solution. Keep up the good work." – Paid-up subscriber T. Chaffin, M.D.
Regards,
Sean Goldsmith
Baltimore, Maryland
November 30, 2009Will the U.S. government detain Porter again?... "The best value in the investment advice world, bar none!"... S&A introduces Off the Record, a monthly conference call with our top analysts...