ACTG... 010001110001110...
Does that sound like a bunch of gobbledygook?
Or does it sound like the simple codes that let humans dominate the earth...?
It's the latter. Weird, eh?
And what about the fact that your DNA is a mere 1.23% different than a chimpanzee's?
Or that bioengineered goats now produce milk that battles cancer. Or that a woman fully regrew her own trachea after a horrific bout of cancer?
Or that this litte salamander holds the key to allowing American soldiers to regrow lost limbs:
So said Juan Enriquez, the Chairman of Biotechonomy during his speech yesterday at the Agora Financial Investment Symposium. He's an early- stage venture capitalist in these world-changing industries.
He claims that those lines of seemingly random numbers and letters define both the biological and technological power of mankind. Let me explain.
You see, those numbers - zero and one - form the binary language that powers modern computing. And those letters A, C, T and G describe the pieces of your genetic code.
So those 6 letters and numbers gave you life and make your day-to-day existence possible. Amazingly simple, yes?
And even more, Juan claims that these fields - modern computing and emerging genetic biotechnology - will make early investors extremely rich.
Imagine getting in on the ground floor of the medical technology that can help humans regrow their own arms. Or powerful supercomputers that can fit in your coat pocket? Or the most effective cancer treatment yet known...
We're talking historic, life-changing profits from the science that promises to help humanity live better, healthier, more complete lives.
As interesting, helpful and compelling as Juan's emerging technology ideas are, another, more familiar theme popped up in no less than 4 different speeches today: resource investing.
Agora Financial Symposium famed stand-bys Chris Mayer, Eric Fry, Rick Rule, Frank Holmes and Dr. Marc Faber all hit different angles of commodity investing.
Here's where the day took a decidedly macro - um, gloomy bent. But gloom begets opportunity, right?
Let's start with the good Doc Marc Faber, editor of the pleasantly- titled Gloom Boom and Doom Report...who I met last night at the bar and shared in some hilarious, bawdy banter.
First I must laud Marc's light-speed Swiss-accented speech. It slams out the most ideas in the least time. However, he rifled it out so quickly that understanding it all proved a strong test of my attention.
He started with a discussion on the FED and how it discourages you from sound action such as saving money due it's foolhardy interest rate policy. He then went on to state that higher inflation is inevitable. And that the yuan should double versus the U.S. dollar over the next ten years.
Dr. Faber then offered a list of sectors to take advantage of:
Then he gave more general, overarching advice: Grab some actual commodities and hold them someplace other than the U.S. And move your money out of America...
Of course, rather than listen to my summary of his speech, you can grab the full audio recording of Doc Faber's Symposium presentation on your copy of the 2009 audio recordings. More on that in just a second...
After the Dr. presented, Rick Rule, perennial Symposium favorite and Founder of Global Resources Investment, Ltd took the stage...
Now, The Daily Reckoning's Bill Bonner has referred to Rick as "the Best Resource Investor I know." And resource investing's what he spoke about today...
He said that there are only two types of commodity stock investors: contrarians and victims. Obviously, you don't want to be a victim.
Rick said that "the only cure for high prices is high prices. And the only antidote for low prices is low prices." So that means that you must be a contrarian - you must buy when prices blow to rock bottom - you must sell when prices rocket to Mars - to successfully play the resource markets.
Rick had a little formula you can use to find these madly low-priced resource stocks:
And then Rick insisted that, despite the recent blow back in commodity stock companies, we're still in the first leg of a resource superbull market. He pointed to the inevitable rise of emerging economies like China and India. When those people get wealthier, they buy more and more actual stuff like refridgerators and food. Stuff that relies on raw resources. So he sees a huge rise in demand for these resources.
He then pointed to specific sectors that promise some good runs in the near future.
First, he spoke of Canadian small and microcap oil and gas plays. He called these the "ugly step sister" to alternative energy plays.
Rick sees the alternative energy sphere as the next great bull market. Because, with such fervent gov't support, even the "stupid stuff" like biofuels get your tax money thrown around...You can't stop this huge wave of governmental and social support.
Here are the specific alt. energy sectors he mentioned:
Next up was Chris Mayer, Agora Financial's Managing Editor and editor of Capital & Crisis and Mayer's Special Situations. He presented a speech called "the Coming Agriculture Breaking Point..."
Chris detailed an impending global resource crisis that Americans tend to ignore: the food crisis. You see, the world's farmland has a nasty double pinch right now: skyrocketing global demand and a topsoil and freshwater shortage.
First, the demand picture. The global population has boomed over the past decade, adding 600 million people to the picture. That's basically 2 Americas in terms of new people on the globe.
And, the massive populations in China, India, and other countries only grow wealthier. And as they grow wealthier, they eat more and better stuff. In China alone, demand for fruits, vegetables, and meats has shot up. Chinese people spend as much as 70-80% of their income on food. Chinese kids have actually started to get taller and fatter. And once these eating habits become the norm, there's no rolling them back.
You add that rampant demand growth with the nasty supply factors of disappearing topsoil and crushing droughts and we have a recipe for a global agriculture boom. Topsoil disappears with each crop. One bushel of wheat uses two bushels of soil. And soil naturally replenishes on a slow scale of decades. Add the desertification of large previously arable landmasses and the late, skimpy monsoons and general drought conditions around the world and you get both a short-term future and long term food crisis.
And Chris mentioned 2 companies uniquely positioned to take advantage of this coming bull market:
Then Frank Holmes, CEO and CIO of U.S. Global Investors, Inc took the stage to give a rousing talk about everyone's favorite store of real wealth - GOLD!
Specifically - Frank unpacked the complex matrix of issues that force gold's up, up and up.
First, you have government policy.
Government policy drives, you guessed it - everyone's favorite meaningless concept - "CHANGE".
Sometimes, as you know, that change is good. And sometimes, it's downright rotten.
Rotten for your tax basis. For your personal safety.
But GOOD for the price of gold.
Now, government economic policy comes in two basic forms - monetary, or fiscal.
Are interest rates up or down? Is the overall money supply up or down? That's monetary policy.
Are taxes up or down? Is gov't spending up or down? That's fiscal policy.
Spin them all together (plus other factors too) into a matrix as Frank described, and you get some strong predictive powers for what future gold prices look like...
But thus far, Frank had only included domestic factors in his talk - it was time to step back - and look at the GLOBAL picture.
Like what to make of demand for gold and overall growth in...the E7.
You know - the 7 countries that the "experts" on TV say will one day rule the world...I'm talking about Indonesia, Mexico, Russia, Pakistan, India, China, and Brazil...
In fact, places like India suck up more gold than you might think.
See, it's incredibly fashionable there to "wear your wealth" - more so even here in the U.S....
And as Frank described in brilliant detail, the changing fortunes of the E7 are just one part of the geopolitical gold picture...
So since I'm running out of space, I'll sum up the rest of Frank's comments in shorthand - gold (and silver, actually) run higher when the dollar breaks down...
And the U.S. government is stuck. China's complaining about our long- term credit-worthiness. Eventually, monetary and fiscal policy will converge and begin a great push toward steep inflation.
As these events unfold, folks holding gold will get filthy rich.
Oh - and - Frank also has the key to the universe figured out. Here it is...
The higher the percentage of lawyers who hold office, generally, the more decrepit a financial system you have.
Frank's crunched all the numbers on it.
But you'll have to get the complete audio set to learn the details on this one...
Another reason to think about the audio set - in either MP3 or CD format - is that Frank also covered a shockingly simple but potentially very lucrative "matrix" idea for how to compare gold stocks...and pick the best ones.
You know what that means.
More winners. BIGGER WINNERS.
We're offering a special discount off the price of the set until next Monday...so it's in your interest to act NOW!
Don't leave me now, though - I still have more to cover!
Rude Awakening Editor Eric Fry then took the stage, wearing a tuxedo - and danced toward the mic to the silky beat of a 1959 crooner's voice...
I couldn't recognize the song...
Because the laughter was so loud.
I even think I missed Eric's first few lines. As soon as that mirth died down - Eric cut to the quick as only he can.
He opened with a quote from his 2008 AF Investment Symposium talk.
The paraphrase is this: "America's overleveraged. We must de-leverage. We gotta rein this puppy in. Banks must sell whatever they can - even parts of themselves. People will sell homes. It'll hurt like hell. And a "new normal" will emerge."
But what's this "new normal" look like?
We're living in it right now. And it basically, well, sucks.
In fact, the economy is still de-leveraging. It's the hurricane wind of all headwinds in today's market.
And the so called policy response has thus far addressing only what Eric called "cosmetic issues."
So Eric offered a solution: his "Permanent Portfolio".
One that provides great returns in headwinds, tailwinds, crosswinds...even in no wind.
1. Stay long commodities (including, of course, GOLD)
2. Gain exposure to emerging market stocks - specifically, BIC stocks - that's Brazil, India, and China. (Eric's not a Russia fan. Good for him, I say.)
3. Generally, grab value stocks worldwide.
PLUS - Eric also specifically mentioned two funds that deserve a look for anyone looking to set up their own "permanent portfolio".
1. XXX International
2. FPA XXX Fund (XXXXX ) *
[Note: These fund symbols were redacted in this report to reserve them for Audio Set listeners only.]
Finally - Eric suggested to the rapt audience a "volatility dampener" component to a "permanent portfolio" - including a vehicle like CDs - something that allows you to ride along in periods of high volatility without being completely exposed to that terrific headwind.
I'll tell you this much for sure - the pens were flying and the notebooks were humming while Eric disclosed the details of his "permanent portfolio".
He closed with a quote - albeit a famous one - from none other than Warren Buffet.
"Risk comes from not knowing what you're doing."
And if you want to know what you're doing as you set up your own "permanent portfolio" - you need the names of those two funds Eric mentioned in his talk.
If his presentation ends up being anywhere near as prophetic as last year's was, you could certainly be sitting on a pile of profits when Vancouver 2010 rolls around.
So - once again I must say - I think you need the complete audio set.
So you can listen (in your car, at home, at work, at the gym - heck, wherever you like) and learn.
So you can be here - without actually being in Vancouver for the AF Investment Symposium.
That's the best of both worlds, right there.
The picks. The access. The moneymaking power. Right at your fingertips.
WITHOUT EVER LEAVING HOME!
And again, this set is available to all who order during this year's coverage of the event (the 2009 Symposium coverage runs through this Monday, 7/27) for only $99 for MP3 files - and just $149 for the CDs...
Remember, after this year's conference ends, the price will go up to $199 for the MP3 version only - and up to $249 for the CDs (or the dual-media package).
So to learn more about the special offer we've got going for the COMPLETE 2009 AF Investment Symposium audio set - simply visit this link.
I know today's update presented you with a good deal of info. From Juan Enriquez' emerging technology ideas to 6 different and unique commodities speeches. But I simply had to relay it all to you so you don't miss anything.
..And I'll have more tomorrow...I'm stone tired and want to go listen to the Mixed Business Trio rock some tunes for the opening banquet.
Does that sound like a bunch of gobbledygook?
Or does it sound like the simple codes that let humans dominate the earth...?
It's the latter. Weird, eh?
And what about the fact that your DNA is a mere 1.23% different than a chimpanzee's?
Or that bioengineered goats now produce milk that battles cancer. Or that a woman fully regrew her own trachea after a horrific bout of cancer?
Or that this litte salamander holds the key to allowing American soldiers to regrow lost limbs:
 |
So said Juan Enriquez, the Chairman of Biotechonomy during his speech yesterday at the Agora Financial Investment Symposium. He's an early- stage venture capitalist in these world-changing industries.
He claims that those lines of seemingly random numbers and letters define both the biological and technological power of mankind. Let me explain.
You see, those numbers - zero and one - form the binary language that powers modern computing. And those letters A, C, T and G describe the pieces of your genetic code.
So those 6 letters and numbers gave you life and make your day-to-day existence possible. Amazingly simple, yes?
And even more, Juan claims that these fields - modern computing and emerging genetic biotechnology - will make early investors extremely rich.
Imagine getting in on the ground floor of the medical technology that can help humans regrow their own arms. Or powerful supercomputers that can fit in your coat pocket? Or the most effective cancer treatment yet known...
We're talking historic, life-changing profits from the science that promises to help humanity live better, healthier, more complete lives.
As interesting, helpful and compelling as Juan's emerging technology ideas are, another, more familiar theme popped up in no less than 4 different speeches today: resource investing.
| 5 Speakers Offered Opportunities in this One Sector, |
| So You Ought to Listen... |
Agora Financial Symposium famed stand-bys Chris Mayer, Eric Fry, Rick Rule, Frank Holmes and Dr. Marc Faber all hit different angles of commodity investing.
Here's where the day took a decidedly macro - um, gloomy bent. But gloom begets opportunity, right?
Let's start with the good Doc Marc Faber, editor of the pleasantly- titled Gloom Boom and Doom Report...who I met last night at the bar and shared in some hilarious, bawdy banter.
First I must laud Marc's light-speed Swiss-accented speech. It slams out the most ideas in the least time. However, he rifled it out so quickly that understanding it all proved a strong test of my attention.
He started with a discussion on the FED and how it discourages you from sound action such as saving money due it's foolhardy interest rate policy. He then went on to state that higher inflation is inevitable. And that the yuan should double versus the U.S. dollar over the next ten years.
| "Robert Mugabe is Bernanke's mentor." |
| - Dr. Marc Faber |
Dr. Faber then offered a list of sectors to take advantage of:
| He thinks you should short US gov't bonds... | |
| | Go long Gold... |
| | Look to go long select Asian equities with beefy 6-7% dividends... |
| | Look for Asian stocks at 20 year lows... |
| | And avoid real estate in financial areas... |
Then he gave more general, overarching advice: Grab some actual commodities and hold them someplace other than the U.S. And move your money out of America...
Of course, rather than listen to my summary of his speech, you can grab the full audio recording of Doc Faber's Symposium presentation on your copy of the 2009 audio recordings. More on that in just a second...
After the Dr. presented, Rick Rule, perennial Symposium favorite and Founder of Global Resources Investment, Ltd took the stage...
Now, The Daily Reckoning's Bill Bonner has referred to Rick as "the Best Resource Investor I know." And resource investing's what he spoke about today...
He said that there are only two types of commodity stock investors: contrarians and victims. Obviously, you don't want to be a victim.
Rick said that "the only cure for high prices is high prices. And the only antidote for low prices is low prices." So that means that you must be a contrarian - you must buy when prices blow to rock bottom - you must sell when prices rocket to Mars - to successfully play the resource markets.
Rick had a little formula you can use to find these madly low-priced resource stocks:
1) Find a commodity with steady demand presently priced below how much it costs to dig it up
2) Find a lousy business that produces that commodity and buy it at liquidation prices
| "When you get confident you might consider selling. When you feel terrified, you might consider buying." |
| - Rick Rule |
And then Rick insisted that, despite the recent blow back in commodity stock companies, we're still in the first leg of a resource superbull market. He pointed to the inevitable rise of emerging economies like China and India. When those people get wealthier, they buy more and more actual stuff like refridgerators and food. Stuff that relies on raw resources. So he sees a huge rise in demand for these resources.
He then pointed to specific sectors that promise some good runs in the near future.
First, he spoke of Canadian small and microcap oil and gas plays. He called these the "ugly step sister" to alternative energy plays.
Rick sees the alternative energy sphere as the next great bull market. Because, with such fervent gov't support, even the "stupid stuff" like biofuels get your tax money thrown around...You can't stop this huge wave of governmental and social support.
Here are the specific alt. energy sectors he mentioned:
1) geothermal energyRick then went on to explain his two FAVORITE sectors. Each one is a no brainer way for you to double your money in the coming years. But out of respect for the conference attendees, it wouldn't be fair if I gave you everything for free here. Instead, you'll have to grab your own copy of the audio recordings to find Rick's two favorites.
2) small-scale hydro
3) solar
4) wind
5) uranium
Next up was Chris Mayer, Agora Financial's Managing Editor and editor of Capital & Crisis and Mayer's Special Situations. He presented a speech called "the Coming Agriculture Breaking Point..."
Chris detailed an impending global resource crisis that Americans tend to ignore: the food crisis. You see, the world's farmland has a nasty double pinch right now: skyrocketing global demand and a topsoil and freshwater shortage.
First, the demand picture. The global population has boomed over the past decade, adding 600 million people to the picture. That's basically 2 Americas in terms of new people on the globe.
And, the massive populations in China, India, and other countries only grow wealthier. And as they grow wealthier, they eat more and better stuff. In China alone, demand for fruits, vegetables, and meats has shot up. Chinese people spend as much as 70-80% of their income on food. Chinese kids have actually started to get taller and fatter. And once these eating habits become the norm, there's no rolling them back.
You add that rampant demand growth with the nasty supply factors of disappearing topsoil and crushing droughts and we have a recipe for a global agriculture boom. Topsoil disappears with each crop. One bushel of wheat uses two bushels of soil. And soil naturally replenishes on a slow scale of decades. Add the desertification of large previously arable landmasses and the late, skimpy monsoons and general drought conditions around the world and you get both a short-term future and long term food crisis.
And Chris mentioned 2 companies uniquely positioned to take advantage of this coming bull market:
1) Potash Corp (POT : NYSE)[Note: This company is too small to give away here. To learn the name,simply secure your copy of the 2009 Symposium recordings. If not, you can still use Chris' research on Potash Corp. to your advantage if you'd like.]
2) XXX Irrigation Specialist Company *
Then Frank Holmes, CEO and CIO of U.S. Global Investors, Inc took the stage to give a rousing talk about everyone's favorite store of real wealth - GOLD!
Specifically - Frank unpacked the complex matrix of issues that force gold's up, up and up.
First, you have government policy.
Government policy drives, you guessed it - everyone's favorite meaningless concept - "CHANGE".
Sometimes, as you know, that change is good. And sometimes, it's downright rotten.
Rotten for your tax basis. For your personal safety.
But GOOD for the price of gold.
Now, government economic policy comes in two basic forms - monetary, or fiscal.
Are interest rates up or down? Is the overall money supply up or down? That's monetary policy.
Are taxes up or down? Is gov't spending up or down? That's fiscal policy.
Spin them all together (plus other factors too) into a matrix as Frank described, and you get some strong predictive powers for what future gold prices look like...
But thus far, Frank had only included domestic factors in his talk - it was time to step back - and look at the GLOBAL picture.
Like what to make of demand for gold and overall growth in...the E7.
You know - the 7 countries that the "experts" on TV say will one day rule the world...I'm talking about Indonesia, Mexico, Russia, Pakistan, India, China, and Brazil...
In fact, places like India suck up more gold than you might think.
See, it's incredibly fashionable there to "wear your wealth" - more so even here in the U.S....
And as Frank described in brilliant detail, the changing fortunes of the E7 are just one part of the geopolitical gold picture...
So since I'm running out of space, I'll sum up the rest of Frank's comments in shorthand - gold (and silver, actually) run higher when the dollar breaks down...
And the U.S. government is stuck. China's complaining about our long- term credit-worthiness. Eventually, monetary and fiscal policy will converge and begin a great push toward steep inflation.
As these events unfold, folks holding gold will get filthy rich.
Oh - and - Frank also has the key to the universe figured out. Here it is...
The higher the percentage of lawyers who hold office, generally, the more decrepit a financial system you have.
Frank's crunched all the numbers on it.
But you'll have to get the complete audio set to learn the details on this one...
Another reason to think about the audio set - in either MP3 or CD format - is that Frank also covered a shockingly simple but potentially very lucrative "matrix" idea for how to compare gold stocks...and pick the best ones.
You know what that means.
More winners. BIGGER WINNERS.
We're offering a special discount off the price of the set until next Monday...so it's in your interest to act NOW!
Don't leave me now, though - I still have more to cover!
Rude Awakening Editor Eric Fry then took the stage, wearing a tuxedo - and danced toward the mic to the silky beat of a 1959 crooner's voice...
I couldn't recognize the song...
Because the laughter was so loud.
I even think I missed Eric's first few lines. As soon as that mirth died down - Eric cut to the quick as only he can.
He opened with a quote from his 2008 AF Investment Symposium talk.
The paraphrase is this: "America's overleveraged. We must de-leverage. We gotta rein this puppy in. Banks must sell whatever they can - even parts of themselves. People will sell homes. It'll hurt like hell. And a "new normal" will emerge."
But what's this "new normal" look like?
We're living in it right now. And it basically, well, sucks.
In fact, the economy is still de-leveraging. It's the hurricane wind of all headwinds in today's market.
And the so called policy response has thus far addressing only what Eric called "cosmetic issues."
So Eric offered a solution: his "Permanent Portfolio".
One that provides great returns in headwinds, tailwinds, crosswinds...even in no wind.
| The Permanent Portfolio Revealed: |
1. Stay long commodities (including, of course, GOLD)
2. Gain exposure to emerging market stocks - specifically, BIC stocks - that's Brazil, India, and China. (Eric's not a Russia fan. Good for him, I say.)
3. Generally, grab value stocks worldwide.
PLUS - Eric also specifically mentioned two funds that deserve a look for anyone looking to set up their own "permanent portfolio".
1. XXX International
2. FPA XXX Fund (XXXXX ) *
[Note: These fund symbols were redacted in this report to reserve them for Audio Set listeners only.]
Finally - Eric suggested to the rapt audience a "volatility dampener" component to a "permanent portfolio" - including a vehicle like CDs - something that allows you to ride along in periods of high volatility without being completely exposed to that terrific headwind.
I'll tell you this much for sure - the pens were flying and the notebooks were humming while Eric disclosed the details of his "permanent portfolio".
He closed with a quote - albeit a famous one - from none other than Warren Buffet.
"Risk comes from not knowing what you're doing."
And if you want to know what you're doing as you set up your own "permanent portfolio" - you need the names of those two funds Eric mentioned in his talk.
If his presentation ends up being anywhere near as prophetic as last year's was, you could certainly be sitting on a pile of profits when Vancouver 2010 rolls around.
So - once again I must say - I think you need the complete audio set.
So you can listen (in your car, at home, at work, at the gym - heck, wherever you like) and learn.
So you can be here - without actually being in Vancouver for the AF Investment Symposium.
That's the best of both worlds, right there.
The picks. The access. The moneymaking power. Right at your fingertips.
WITHOUT EVER LEAVING HOME!
And again, this set is available to all who order during this year's coverage of the event (the 2009 Symposium coverage runs through this Monday, 7/27) for only $99 for MP3 files - and just $149 for the CDs...
| Or Both CDs AND MP3s for Just $149 |
Remember, after this year's conference ends, the price will go up to $199 for the MP3 version only - and up to $249 for the CDs (or the dual-media package).
So to learn more about the special offer we've got going for the COMPLETE 2009 AF Investment Symposium audio set - simply visit this link.
I know today's update presented you with a good deal of info. From Juan Enriquez' emerging technology ideas to 6 different and unique commodities speeches. But I simply had to relay it all to you so you don't miss anything.
..And I'll have more tomorrow...I'm stone tired and want to go listen to the Mixed Business Trio rock some tunes for the opening banquet.
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