Are You on Wall Street’s “Loser List”?
Our team has been digging into the reasons behind Wall Street’s unbridled optimism…
And they’ve uncovered a disturbing trend.
It’s now clear that winners and losers are being chosen at the highest levels of power.
What’s worse — there’s a good chance you’re on the wrong side of that list.
I’ll have more details in a minute… including how you can turn the tables on the people who are trying to control your financial future.
First, though, as always, let’s look at our Top Stories and the Reader Forum.
Your Top Stories & Analysis of the Week:
- “This May Be Controversial, But…'' (Rich Retirement Letter, Zach Scheidt): Three years ago, Zach told readers to steer clear of a specific investment. But now it’s selling at a steep discount — giving you a chance for plenty of income and growth over the next few years. Despite some reservations, Zach is very confident it could be a great way to build your retirement wealth. He tells you everything you need to know.
- “World War AI” (Technology Profits Daily, James Altucher): Artificial intelligence (AI) continues to be one of the hottest trends on Wall Street. And James says there are vastly more investment opportunities than most people realize. But you shouldn’t throw money at just any company that’s working with the tech. In fact, James chides Goldman Sachs for highlighting a trio of AI names with dubious credentials. Discover who they are… and why you should think twice before adding them to your portfolio.
- "Your Wiretap: A Tale of Two U.S. Economies… Saudi Arabia Could Choose Our Next President… and More" (Omega Wealth Circle, Matt Insley): Here’s a very special treat! Our team is always sharing headlines, statistics, analysis and ideas in our meetings and internal chat programs. Every week, Publisher Matt Insley selects the top insights among them, then sends them to members of our highest level of service — the Omega Wealth Circle. This “peek behind the scenes” is easily our most exclusive service. But when readers called his recent edition “most valuable” as well as “crisp and meaty,” I knew I had to share it. So I secured special permission to unlock it for you.
Remember, we publish tens to HUNDREDS of stories. The write-ups above are our TOP ones for the week — including one that had been roped off from the public. If you want to stay ahead of the pack, make sure you’re caught up now.
And if you’d like to nominate any of our stories for next week’s “Top 3,” just let me know at concierge@paradigmpressgroup.com.
The Reader Forum:
Digging into our mailbag, we heard from brand-new Jim Rickards’ Strategic Intelligence member Chuck S.:
I was blown away by the quality of your work, the welcome package introducing all the features! You guys are doing great work for the average investor. Thank you Jim and the Paradigm team!
Welcome aboard, Chuck, and thank you for the incredible feedback! We work hard to guide readers through their first steps, so I’m very happy that you’ve found it helpful.
I look forward to sharing this with everyone at Paradigm.
Next, Income Alliance member Ja A. tells us:
Zach and the gang have made trading options so simple and fun. I follow everything that he says, and I've learned a lot since following his directives. Oh, and I've made money!
Great to hear, Ja! Options trading isn’t as difficult or as risky as many people make it out to be. I’m glad we’re guiding you to success. You can bet I’ll be forwarding this to Zach and his team.
Finally for today, while we’re encouraged by compliments, we grow and improve through your critique. So we’ll always listen when someone says we’ve fallen short of the mark.
For example, Mike R. had a strong reaction to the Altucher Confidential article from Chris Campbell we featured last week. He calls it “clownish,” adding:
I get that Jim avoids opining on Bitcoin, but having suckers avoid fear-of-missing-out in BTC by getting into sh!tcoins is absurd. Don't do your readers a disservice. Bitcoin has a place in every portfolio. Either avoid the topic of Bitcoin or give your readers factual information on the topic.
While I appreciate the comments, Mike, I think you misunderstood what Chris was trying to say.
Chris outright states, “I'm no Bitcoin bear — far from it.” Instead, he warns against rushing into Bitcoin just because of a recent court ruling.
“We’ve taken a step forward,” he says, “but it’s not time to start the moonwalk yet.”
Sure enough, Bitcoin prices have spiked and fallen back again since Chris’ article. If you got caught up in the hype and bought at the peak, you found yourself underwater just a few days later.
That’s what our team does. We collect facts, then offer our opinions on them. Anyone who listened saved money — and can now buy Bitcoin at a much better price.
I should also mention that his article doesn’t mention investing in alt-coins…
And for more proof that Chris isn’t anti-Bitcoin, check out this recent article. Sean Ring nominated it for this week’s Top 3 for good reason… and it narrowly missed out making our list.
But I hope that clears things up!
Remember, I’m always standing by for your emails at concierge@paradigmpressgroup.com.
Questions? I’ll get answers! Comments? Let me hear them! Problems? I’ll try to solve them!
This is YOUR forum!
(And remember, for customer service issues, please use our contact page.)
Now, here’s what’s happening around the water cooler this week…
The Water Cooler — Upcoming Events and More
Last week Goldman Sachs revised its economic outlook for the United States — saying the odds of a recession in the next 12 months are just 15%.
"The economy has continued to be pretty resilient," Chief Economist Jan Hatzius told Yahoo Finance.
But things probably look a lot different to you if you’re living in the real world.
As Paradigm Publisher Matt Insley points out in the Omega Wealth Circle Wiretap, household savings have dropped for 23 months in a row… while credit card default rates are higher than they were in 2008.
Monthly house payments… car payments… even rents are at all-time highs.
It’s exactly what you expect to see right before a recession. Yet there’s optimism all around.
Our team thinks there’s a very good reason for the discrepancy.
Thanks to the U.S. government’s policy of endless bailouts and asset inflation, the richest among us have gotten even wealthier.
These Americans haven’t been troubled by all the price increases we’ve seen. Their vast cash reserves haven’t been stung by inflation.
As our Dan Amoss puts it, we’re at a “point where the prices that businesses need to charge to generate a decent margin are only affordable to a small percentage of the population.”
These ultra-rich Americans aren’t shopping at dollar stores or discount retailers. They aren’t buying groceries at the local supermarket. And they certainly aren’t taking out loans from minor regional banks.
What they are doing is betting against these businesses… making trades that set themselves up for enormous rewards as more and more everyday Americans go broke.
They’re also investing in the businesses they’ve chosen should succeed. Big tech firms… luxury retailers… top-tier banks… and a handful of names in other industries.
Their narrow focus pushes the major stock indexes higher and ensures their favorites will thrive.
Meanwhile, their designated losers wither away.
The Biden administration and the Federal Reserve are involved, too.
In fact, our Jim Rickards has evidence that policymakers are engineering a crisis that will see dozens of mid-tier businesses disappear.
The next phase of their plan will enrich their buddies while giving them more control over the economy than ever before.
Expect an invitation to see Jim’s research and analysis soon.
For now, remember that any optimism in the markets is skewed in favor of the rich.
They have extra cash, so they don’t see any problems. And there’s no reason for them to care about what’s happening with everyone else.
The best thing you can do is try to join them — investing in the brands that the rich have chosen will succeed… or in things even they can’t do without, like oil and gas.