Breaking Down a Biotech Winner

Posted on December 18, 2012 by MN Gordon

Breaking Down a Biotech Winner
By Alex Daley, Casey Extraordinary Technology

Traditional cancer treatment options are little more than a crude mix of “slash, burn, and poison” – that is surgery, radiation, and chemotherapy.  There are radical new treatments in labs and trials all over the world that promise to throw out this trifecta; no other disease has received more of the research interest and funding that have defined modern biotechnology over the past three decades.

I’m not going to tell you about any of those here.  Sure, many of them will be wildly successful and make many investors fabulously wealthy over the next few decades.  But most will fail.  And those that don’t will take a long time to turn a profit for investors.

Yet, there is one small company whose unique twist on cancer treatment is proving to be a major upgrade.  We profiled this company in a recent edition of Casey Extraordinary Technology, and it turned in a gain of over 167 percent for subscribers in just six months’ time.  It may yet make billions more still for investors. Continue reading →

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Blowing Gas

Posted on December 14, 2012 by MN Gordon

Things sure do change.  Several years ago the personnel working the freeway off ramps in Long Beach, California, were immigrants from Mexico.  They were selling oranges and roses to working stiffs on the way home from their cubicle jobs.

These days you’ll find recent college graduates, who haven’t broken into the professional world, strumming guitars for pocket change.  Obviously, it’s plain bad luck to graduate from college, with a bunch of student loan debt, at the very moment a 60 year economic expansion runs out of gas.  But if the economy sputters long enough, people will take to doing strange and dangerous things for money.

About a decade ago, while visiting several in laws – and outlaws – in Mexico City, we witnessed some remarkable street corner performances.  While at a stop light, for example, one shirtless lunatic wandered out in front of the car with broken glass wrapped in a towel.  He then quickly laid the towel and the broken glass on the asphalt street and rolled around on it. Continue reading →

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The Malady of the Federal Reserve

Posted on December 11, 2012 by MN Gordon

Ben Bernanke and his pals at the Federal Reserve are meeting today to come up with their next plan for manipulating credit markets.  Tomorrow they’ll let us know their grand designs for monkeying with the money supply and interest rates.  Of course, you can count on more money at cheaper prices…it’s what they always do.

If only more money equaled more wealth.  Then we’d all be rich.  After all, the Federal Reserve’s added $2 trillion dollars to its balance sheet and pushed the federal funds rate to practically zero since mid-2008.

Unfortunately, more money does not automatically equal more wealth.  Sometimes more money equals less wealth.  In fact, the typical American family’s net worth fell 39 percent between 2007 and 2010.  What gives?

The fact of the matter is more money, by way of cheaper credit, does not equal more wealth.  It equals more debt.  More debt, especially when used for consumption, equals the exact opposite of more wealth; it equals less wealth. Continue reading →

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Are You Ready?

Posted on December 7, 2012 by MN Gordon

There are fantastic abnormalities taking place in front of our very eyes.  The 10-Year Treasury Note is yielding just 1.58 percent and gold, despite a recent pullback, stubbornly sits above $1,700 per ounce.  In other words, people are simultaneously expecting deflation and inflation.

Then there’s the stock market.  One “analyst” says it’s poised for a fall.  Another says it’s consolidating for its next great run up.  Both are right – and wrong – as far as we can tell.

The S&P 500, if you hadn’t noticed, is below where it was at the turn of the millennium.  Back then everyone knew that, over the long run, stocks always go up.  But these days the long run is understood to be much longer than it was back then.  But how long is the long run?

Over in Japan, for instance, they’re exploring just how long the long run really is.  On January 29, 1989, almost 23-years ago, the NIKKEI 225 closed at 38,916.  Yesterday it closed at 9,545…down over 75-percent after all this time. Continue reading →

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