disclosure: I do not subscribe nor promote this writer
Mike Swanson has been around for a while and he does use some well known Canadian advisors. I get his emails but have not bought any subscription from his websites.
This is a cut an paste of an email I received yesterday. Seems to be bullish on gold and not so much on the stock market. Draw what you wish from his comments and by all means do your own due dilligence and make smart choices
Trash
About three weeks ago I did my summer membership opening for WSW Power Investor.
The last time I opened it up was in the spring.
When I did this summer opening I was not planning on doing another one until the Fall.
Usually I do an opening every three months or every quarter.
However with everything that is happening in the financial markets and gold I decided to open it up again this week in an "emergency opening."
I want to make sure people are able to get in before gold stocks take off completely before the Fall and the market volatility in the stock market begins.
It looks like the latter is starting to happen.
Yes I know the stock market is down big today and the mining stocks are back near their support low of the past few weeks, but I still think they are going to take off soon.
If you look at the charts you'll see that mining stocks are clearly still acting better than gold and are now even acting better than the US stock market.
I believe what we are seeing is a slow shift take place in which commodities and gold will outperform the S&P 500 and the US stock market.
Well, it's already been happening, because the last I checked a few days ago the S&P 500 was up 7% year to date and the GDX gold stock ETF was up over 22%.
I expect this outperformance to continue, which means a membership group that focuses on commodities and gold will simply crush the market and rule over the next few years.
I know there are a lot of people telling you this isn't true.
No matter what CNBC will tell you that regular US stocks are better than gold and mining stocks.
It doesn't matter to them when the stock market gets shaky. They told people to keep buying into the 2008 market crash and will do the same when the next bear market really hits.
And no matter what the Elliot Wave lunatics, market manipulators, and short-sellers will try to scare you away from gold.
I believe these people are all wrong and will be proven wrong again in the coming weeks.
Maybe you believe them and not me. If so then Power Investor is certainly not for you. That's fine.
If you want to be told that the US stock market is going to go up forever for you so you will never have to make a decision with your money again then all you need to do is watch CNBC every day to hear that message.
However, if you believe like I do that successful investing means making periodic adjustments with your money and focusing on the best potential sectors and asset classes then you should join the Power Investor group today, because this offer will go down for good tonight at 10PM EST:
https://clicks.aweber.com/y/ct/?l=CTCvA&m=JAcrlwkZUDKM7z&b=bgEZ3hQcBuKZEzuRXJXiTQ
After tonight I am not going to open this up again like this until way in the Fall. This will be it. Besides, you either want this or not and I do not want to send you constant email sales messages if you do not.
Also after tonight I'm going to spend a lot of time with the people who join getting them up to speed and teaching them so you will not see as many emails from me going out on this free email list for awhile.
We'll still have the podcasts, but you will not get as many emails and video updates, because I will be too busy for awhile to put out so much free stuff.
On top of the time I will have to spend with the new members I am still working on a new book on gold investing I plan on releasing in the next few weeks and I hope to take a vacation sometime this summer before the Fall comes for a week or so.
So anyway just want you to know what is going on. If you want to join Power Investor just go here:
https://clicks.aweber.com/y/ct/?l=CTCvA&m=JAcrlwkZUDKM7z&b=bgEZ3hQcBuKZEzuRXJXiTQ
-Mike
Michael Swanson
PO BOX 11658
DANVILLE VA 24543-5028