Editor's Rant

2006 has been an interesting year. With a change of leadership in Congress, we will need to monitor their policy initiatives since it will have profound effects for your wealth-building pursuits. Since I am not finished with my analysis of what to expect from the new Congress, I will hold off until more data comes in. My initial impression can be boiled down to a "net negative" so far. For more actionable information, stay tuned.

The year has gone by so fast. It is a pleasure to share with you some important points. Guess what was the top performing investment vehicle? Hint: we encouraged you to buy it early in the year. That's right. Silver! Here's how the major market barometers (along with gold & silver) stacked up as of the end of 2006:

In spite of the impressive gains of the Dow, Nasdaq and the S&P 500, two of our favorites bested them handily! I think that 2007 will show continued strong performances for precious metals and commodities in general. Again, stay tuned for more details that can have a profound effect on your prosperity.

Regards,
Paul Mladjenovic
201-585-0239
paul@mladjenovic.com

Last note from Paul

Feel free to pass this issue of the Prosperity Alert along to others. Encourage them to get their own free subscriptions at www.SuperMoneyLinks.com. The next issue should be out by early January. I will reveal some forecasts that may be very profitable for you. Stay tuned!

I WISH ALL OF YOU A FANTASTIC NEW YEAR. MAY IT BE SAFE, HAPPY & PROSPEROUS FOR ALL OF YOU

Prosperity Network's Advanced Options Workshop -- Saturday, January 13, 2006

My next advanced options workshop will occur on January 13, 2006. The last group of attendees got some powerful strategies to help them either protect or build wealth. I will share strategies that are low cost, low risk and high profit potential. For more details, feel free to contact me directly at 201-585-0239 or go to the following for more info:

Prosperity Network's Advanced Options Workshop

January 13, 2006. Full details & registration at...

http://advancedoptions.eventbrite.com/

You can also email me at paul@mladjenovic.com for more information. There is strictly limited space so register soon. I guarantee that you will see & hear powerful options strategies that others have paid thousands to learn! Attendees will also get a information-packed resource CD and my private wealth-building forecasts for 2007.

Potpourri of points, tips & quotes

* When you get a chance, go read the following article (hopefully the link will stay alive):

"Silver is the top pick for 2007 but trade carefully"

http://www.ameinfo.com/105584.html

The interesting point about the article is the audience that it is intended for. The website provides financial & economic commentary to the middle east. If only a fraction of that region's wealth poured into silver, how high could it go? As the world wakes up to your editor's current favorite metal, 2007 could witness some tremendous fireworks for silver that could possibly exceed it's 45% rise in 2006. it should be interesting to watch.

* The Korelin Economics Report (with Al Korelin and Paul Warren).

 If you want to hear some great commentary on commodities, financial markets, etc. Consider the weekly Internet radio program The Korelin Economics Report found at www.kereport.com. It is on MP3 and usually updated every weekend. Check out the Dec. 30 edition for a nice wrap-up of 2006. You'll also hear some great commentary by Roger Wiegand and Jay Taylor. Jay Taylor was the keynote speaker at Dec. 2^nd's Financial Vortex and he is featured on the newly released DVD (see next section).

Financial Vortex - the DVD!

The reviews are still coming in. Financial Vortex was an unqualified success! Fortunately, for those that couldn't attend, it is now on DVD. We have some of the best speakers in the country giving us some insight into their economic views & forecasts for 2007 and beyond. To hear and see the greats such as Jay Taylor, Peter Grandich, Noel Jameson, Charles Nedoss & David Corsi all in one source is indeed priceless. The Financial Vortex 2006 DVD has nearly four hours of valuable commentary. To get the DVD and the accompanying Financial Resource CD (a total of three information-packed Cds) Send a check for $100 (NJ residents please add $7 for sales tax) to: Prosperity Network, Box 1883, Fort Lee, NJ 07024.

For credit card orders, call us at 201-585-0239.

(to remind you what happened at that great conference, go to www.FinancialVortex.com)

Peter Schiff on the looming problem in the mortgage industry

Peter Schiff writes some great stuff and I've had the priviledge of running an occasional essay in past issues. This essay is reprinted with permission and it offers some food for thought for would-be real estate investors

Sub-Prime Disaster In The Making

By Peter Schiff

December 26, 2006

A report released this week by the Center for Responsible Lending, a Durham, N.C. based research group, predicted that 1 in 5 sub-prime mortgages originated in the past two years would end in foreclosure.  While most on Wall Street dismissed this survey as overly pessimistic, it actually represents a rather rosy outlook.

One of the report's deficiencies is that it fails to account for how the foreclosures it does expect will impact those loans that it regards as safe.  A 20% default rate would put millions of homes back on the market, and would also inflict severe losses on sub-prime lenders, causing them to pull in their horns and tighten their lending standards.  More inventory and higher rates will put more downward pressure on home prices.  Many over-stretched borrowers, who made little or no down payment, will find themselves struggling to make mortgage payments on properties with negative equity.  Higher rates and lower prices will also remove the cash out options that many borrowers expected would bail them out of ballooning adjustable rate payments.

Therefore, the secondary effects of the 1 in 5 sub-prime default rate will be a chain reaction of rising interest rates and falling home prices engendering still more defaults, with the added foreclosures causing the cycle to repeat.  In my opinion, when the cycle is fully played out we are more likely to see an 80% default rate rather than 20%.

The main problem is that the majority of these loans were made to people who really cannot afford to repay them and were collateralized by properties whose true values were but a fraction of the loan amounts.  Once the music stops and prices return to earth, borrowers who put little or no money down may decide to simply mail in their house keys rather than make additional mortgage payments.  Why would anyone stretch to spend 40% of his or her monthly income to service a $700,000 mortgage on a condo valued at $500,000, especially when there are plenty of comparable rentals that are far more affordable?

In addition, even those who can comfortably afford to pay may choose not too.  Basically, zero-down, non-recourse mortgages give borrowers a free put option should real estate prices decline.  The bigger the drop, the more incentive there is to exercise.  Rather than throwing good money after bad, borrowers could simply return their over-priced houses back to their lenders and buy one of their neighbor's deeply discounted foreclosures instead.

Also, the idea that sub-prime foreclosures will not affect the broader market is absurd.  These loans simply represent the weakest links in the mortgage/housing chain.  Once they break the entire chain falls apart.  The added demand from these marginal buyers helped produce and sustain the bubble.  Remove it and the bubble deflates.  Also, falling home prices and rising interest rates effect every homeowner, and the temptation to walk away from an upside down mortgage is not restricted to sub-prime borrowers. 

Don't wait for reality to set in.  Protect your wealth and preserve your purchasing power before it's too late.   Download my free research report on the powerful case for investing in foreign equities available at www.researchreportone.com , and subscribe to my free, on-line investment newsletter at http://www.europac.net/newsletter/newsletter.asp

Peter D. Schiff, President
Euro Pacific Capital, Inc.
10 Corbin Drive, Suite B
Darien, Ct. 06820
phone 203-662-9700
toll free 888-377-3722
email schiff@europac.net
web www.europac.net

Business Vortex - the DVD too!

The Business Vortex ran on December 3, 2006 and the folks loved it. Fortunately it was recorded and is made available on DVD. For anyone that wants to sincerely make money in a home business, part-time or full-time, then the Business Vortex is for you. If you want ideas or profitable strategies, then the Business Vortex conference really is for you! The presentations covered health & wellness, mortgages, real estate as well as marketing & sales. You'll hear Paul Mladjenovic, David Corsi, Ted Sudol, Dale Siegel, Dennis Bollier and Erik Luhrs. Full conference details can be read at www.FinancialVortex.com.

To get the DVD and the accompanying Business Resource CD (a total of three information-packed Cds) Send a check for $50 (NJ residents please add $3.50 for sales tax) to:

Prosperity Network, Box 1883, Fort Lee, NJ 07024.

For credit card orders, call us at 201-585-0239.

Essay from Roger Wiegand: Phase Two of the Great Gold and Silver Bull Cycle Begins

It was a great disappointment that a major snow storm kept one our scheduled Financial Vortex speakers from attending. Roger Wiegand. No one was more disappointed than Roger. He is a true professional that provides valuable insights. Roger gave me permission to reprint this essay. Find out more about Roger Wiegand at www.tradertracks.com.

PHASE TWO OF THE GREAT GOLD AND SILVER BULL CYCLE BEGINS

By Roger Wiegand

December 26, 2006

"Everything in the world may be endured except continual prosperity." - Johan von Goeth 1749-1832.

"Cycles and rhythms of life are normal and somewhat predictable. Prosperity, recession and periodic depressions are standard and necessary corrections adjusting for irrational exuberance occurring in each of these cycles. Those cycles are especially mandatory and visible in a capitalistic society.  Free market conditions will spill over and affect socialism and communism as well. Our latest cycle which marked the beginning of another 60-70 year K-Wave was temporarily blocked by Alan Greenspan using too easy credit for housing. When the Nasdaq crashed in 2000, all markets should have followed suit. They were not permitted to do so as the Federal Reserve washed a sea of cash over sinking markets in an astounding trillion dollar give-away to American consumers.  This bubble has burst, sales have stopped and the housing ATM is sinking with consumer borrowers who were used by it.   There are no more new bubbles for Benny Brenanke and Hank Paulson to create.  Now its correction time coming with a vengeance." --Traderrog

If we had infinite prosperity like Alan Greenspan, Ben Brenanke and our Federal Reserve would prefer to instigate, prices would rise forever and consumers would stop saving money. Standard procedure would be to spend it all now and working capital would soon be erased. The nasty conclusion is unpaid debts and no business growth for the future. Diluted fiat currencies feed this situation until finally consumer and business confidence wanes and then finally, all is lost.  The German example of this hyperinflation in the Weimar Republic during 1922-1923 was a famous economic historical event. Other more recent examples are Brazil, Argentina and other Latin American nations.

Bank reserves would have to be constantly replenished which is what we see today in the current borrow-and-spend environment. Americans are given easy or ridiculous credit terms and they immediately spend all the money.  Asia provides the stuff and we continue to buy it with both hands. On-going credit inflation now demands $2 Billion per day of new borrowed cash to keep this bankrupt SS United States afloat.  Consumer and business borrowing are added to these government debts. This does not even count the trillions of unfunded debt attributed to Social Security, Medicare, the Pension Reserve Trust and the future Act Two version of the Resolution Trust needed to save the 15,000 crashing banks taken down by lousy real estate loans. Last year we crossed a threshold of no return as our trade balance has exceeded the point where all traveling this road meet the identical ultimate fate-currency destruction by hyper-inflation.

As measured in current numbers no country or society has been able to regain its economic footing once the hole was dug this deep.  The cave-in is coming but no one knows the trigger or the when. This week Thailand's green-horn, 60 days on the job lady Treasury Secretary tried capital controls to block currency speculators. She did many billions of damage in 24 hours and immediately had to rescind parts of the proposed new capital controls. Just last week our wise colleague Jim Turk warned of this event coming in 2007. Seems like we got the early 2006 test example this year instead. Like Napoleon said in our letter last week, "In politics stupidity is not a handicap."

The United States has experienced several major depressions since its founding in 1776. The Revolutionary War was basically fought on a shoe string and the first Treasury Secretary of our nation used his own fortune and credit to help pay for that war and get our country on its first feeble monetary legs.  Most of these following recession-depression events appeared after wars which created destruction of all kinds.  The early depressive events in the 1800's through and including the Great Depression of the 1930's lasted from 7 to 11 years in length with the average being roughly 9.5 years.

The first one in the 1800's was just after the war of 1812 and lasted about two years. This time span doesn't fit the 7 to 11 year cycle but shortly after 1814 things appeared better only to be crunched again with a severe depression in 1819-1821.  The next one was officially 1837-1838 but the USA economy was in very poor shape from 1835 to nearly 1845.  There was a mini dip of scary intensity in 1857 and then a prolonged down period after the Civil War for most of the 1870's.  In the 1890's, the recession-depression lasted from 1892 through 1898. Smaller recessions were reported in 1914-1915 and 1920-1922.

Those 1800's events except the later Panic of 1906 appeared during periods following wars, minor conflicts and major turning points in commerce and business. These turning points coincided with new inventions, newer ways of doing business and the dawn of the industrial revolution in America.  The common thread was severe change somewhat like the advent of the internet in recent times. The panic of 1906 was in many respects an early example of what was to come in 1929-1940. This panic was a genuine Wall Street crash as liquidity had vanished in a cascade of stock selling after market confidence slid over the cliff.  This event was quickly repaired by J.P. Morgan and his banker friends as he forced them to re-liquefy the stock brokers thus saving the day.  This Panic was blamed by many for the birth of the notorious United States Federal Reserve which is not an official government entity as supposed by many, but a private cabal of USA bankers now holding the money power of God in our land pushing the cost and manufacture of dollars, bonds and notes wherever they choose.  So, in 1913 began the grand experiment in fiat money and the American inflation monster was born.

1920-1940 is Replicated by 1990-2010 - After 1922 commerce had recovered from WW I and its aftermath. Germany was not so lucky but the USA was insulated from them in the 1920's for the most part.  When America got moving in the early 1920's the growth came with a rush.  A goodly part of this new boom was being financed by a massive inflow of gold from abroad as our nation embarked upon the boom of the century.

A common theme in all of these negative economic events has been:

1. An excessive amount of loose capital being invested in fixed hard assets and illiquid paper assets. Cash was not king but owning lots of illiquid stuff was. 

2. Speculation in stocks, commodities, and real estate has been also a consistent market driver for excess gambling in all sorts of businesses as well as the Las Vegas traditional type.

3. Overall effect of these massive investments has been to tie-up real cash and liquidity causing participants to become asset-heavy and cash poor. Immense pressures of too much cash chasing too few good investments created historic inflation. The bell rings when the buying stops and all values begin to decline. There is no escape as there are no buyers for all this over-valued stuff.

4. Not so much in the 1920's but more common from 1812 through 1906 there were several dislocations in currencies somewhat comparative to Germany in the early 1920's. These create instability and are not cured over night.  

Before 1930 several untapped and very market rich opportunities opened with the railroads, modern machinery, development of natural resources, and sudden increases in new gold reserves which greatly expanded available credit. Time payments were not much of a business before the 1920's. A nice home in 1900 cost about $2,500 to $5,000 and home owners usually saved 100% of the money to buy before doing so. Twenty-five years later in the 1920's boom, buying on time was "the thing" and it spread like wildfire. This expansion of consumer credit was a contributor to the 1929 event but not a primary one.  

When big trouble arrived in 1929-1932, real estate speculation in Florida's land boom had been part of it as was the final Wall Street event which opened the crashing flood gates. 

Where are we in 2006?

1. We took the time to revisit this history to explain there is nothing really new today compared with those events preceding 1929.

2. Credit is way too free and easy.

3. Money seems to have less value each day.

4. Inflation while not of the hyper-variety is trending in that direction.

5. There is too much big cash liquidity sloshing around on the cheap for hedge funds and New York take-over artists to promulgate their trade.

6. There is a very wide disparity between a handful of very rich people and the poor with a vanishing middle class. This is common before major market corrections.

7. Trade wars and tariffs are on the table. These threats are uttered almost daily.

8. This is the usual "Me first" nationalistic mentality. Putin scared Europe with his gas shut-off and Ms. Pelosi our new Demo leader is threatening China with 27% tarrifs. The Middle Eastern gang threatens oil shut-offs and currency transfers out of the U.S. Dollar.

9. Business ethics have collapsed in the past few crazy years destroying entire companies and wrecking others with misplaced trading ideas.  Enron and a few early hedge fund failures are evidence. Those boys managing that $6 Billion natural gas fund debacle were just all re-hired by Goldman Sachs to have another go.  Others are Fannie Mae, Freddie Mac and the still hidden Farm Home Loan operations. The list goes on and on.

10. Then, we have the forever war in Iraq which appears to have degenerated into a worsened civil war threatening to destabilize the entire Middle East with Iranian and terrorist aggression. Crude oil will be used as a major weapon. Do not believe otherwise.

The stock market low from 1921 to the 1929 high was more than 500%. Interestingly, the percentage of increase is comparable to our modern day pre-crash rally of the Nasdaq.

We do technical analysis and are always looking for historical comparisons. In checking the 1928-1929 top, we discovered the preceding eight year rally run was so powerful it took nearly 18 months to form the technical top before it all dumped over. Usually these tops can form and sell in much less time. Today in 2006, our fellow colleagues and analysts have kept predicting the tip-over top and it keeps extending!  This was the big story before the 1930's major league event.

Another interesting situation was the large amount of foreign loans made by the USA (both public and private) for war restoration in Europe but also throughout several other nations as well. This was the first time big money in large amounts was loaned outside of the USA.  From 1919 to 1930 the total exceeded $15 Billion which was massive bucks in those days. Please note that over 1/2 of this money went into portfolio investments where there was zero American management of those funds. Sound like China?

Domestically, America by 1929 had discovered most of the newer investment frontiers and there were not enough new trading or investment ideas to swallow all the available capital that was being tossed around. Does this sound familiar? Today we have the same problem but it's probably 1,000% worse since Japan's carry trade and our dollar printing have escalated credit to legendary new heights.

Exactly 80 years ago in 1927, as in our forth-coming 2007, real estate and construction were and are in the soup followed by major inflation. At this cycle juncture people are getting tense with bad credits, lack of cash, higher prices, and failing installment sales of several kinds with questionable erratic stock markets.

Here comes the big one: In 1927 when it was obvious business and commerce was slowing dramatically, THE FEDERAL RESERVE BANKS BEGAN TO BUY GOVERNMENT SECURITIES. It seems there is nothing new in this world at all.

Also, in 1927, it was reported and generally believed by the American public that the Federal Reserve purchases were taken to PREVENT LARGE EXPORTS OF GOLD FROM THE BANK OF ENGLAND TO THE UNITED STATES.  INTEREST RATES IN ENGLAND WERE HIGHER AT THE TIME.  THIS RATE DIFFERENCE AND THOSE POTENTIAL GOLD SALES WERE CONSIDERED A THREAT TO UPSET THE TEA CART ON BOTH SIDES OF THE POND. Is this de-ja vu all over again or what?

In 1928 the Federal Reserve was openly trying to discourage speculation. In spite of their efforts stocks went on a wild buying spree in spring of 1927 which spilled over into 1928-1929. The markets kept advancing and as the "easy money" became common street talk, the explosive pinnacle appeared over the horizon.  This open craziness by the public at large surfaced in 1928 but in May of that year the market had a severe correction (Like May 2006 or will it be May, 2007?)

A common phrase in later 1928 was that the country was experiencing a "profitless prosperity."  Today Wall Street observers and players deem it a profit recession or a "Goldilocks Economy" somehow masking Goldilocks' terminal illness. The Federal Reserve tried to reassure the public in later 1928 that despite gold exports following a discount rate reduction in fall 1927, our nation still held gold worth over U.S$1 Billion. Period analysts checked for gold exports and found few if any and decided this announcement was public relations talk to reassure the Sheeple. We certainly know all about this today don't we?

In November of 1928 the stock exchange reported its first of five, six million share trading days. Watch for this kind of similar volume to precede the next blow-off top. From August of 1929 through the fall, this was the beginning of the end as speculation and gambling fever in the markets was virtually uncontrolled. The initial crash lasted two months and was followed by a rally of six more months into the spring of 1930. After that the markets sank into oblivion.

One largely unnoticed fact was the idea these markets had mostly recovered by 1936. This was not the case however, and those that had re-entered with fresh buying in 1934-1935 were smashed for a second time in 1937. That one had to be the mother of all "Dead cat bounces."  Is 1937 to be replicated in 2007?  The timing sure looks identical to us. During the past year or so, we have read several remarks from our colleagues that 1934-1936 closely resembles 2004-2006. Can this be true?  We have seen some overlay charts for both cycles and they are very close in appearance.

There is a strong uneasiness and undercurrent in the markets; especially among the older experienced traders and New York market guys. We could name some well known guys but are not allowed to do this.  For the most part they choose not to be negative as they don't want to scare the Sheeple or their investors.  In watching their body language accompanied by extraordinary semantic dancing we can tell these boys smell a rat and they are getting very, very nervous.

Traders should shorten their time horizons in our view as volumes and volatility increase. Use trading stops and do not over trade. Buy physical gold and silver and make yourself, your friends and family as secure and protected as possible by being independent of the system.  As we used to say in the Boy Scouts; Be Prepared! - Traderrog

Roger Wiegand is Editor of Trader Tracks recommending trades for gold, silver and energy markets using futures, commodities, stocks and options.

2007 - Here We Come! By David Vaughn

David Vaughn is a great writer. It is a pleasure to get his permission to reprint his recent essay on what he sees coming in 2007. Find out more about him and his expertise at www.goldletterdv.com.

Well, the year is drawing to a close so let's examine how gold has done for 2006. 

Gold for the year is up around 20%.  The Lipper Gold Mutual Fund Index is up around 33%.  Not bad I think.  And the serious gradual fall out for the US dollar has begun.  The real estate meltdown has begun and continues to gather momentum.  We have a new congress coming into office that will begin making changes that will contribute to higher long term gold prices.

The following article below came out in the past couple of weeks or so and many readers are asking for comments.  First of all let me state that I find the article to be ridiculous. The article asserts that we have something to fear from China.  This is first of all ridiculous because for 100 years I do not believe we have ever seen one aggressive act come from Asia against the interests of the United States. 

I believe I am correct in this. 

Asia is our friend and buddy and never have they in any way threatened or harmed a single American hair.  So why should we even begin to suspect that they would take advantage of us now simply because they hold a 1 trillion mortgage over our heads today?  Really, can you believe some folks?  These guys and gals like us and are our friends and want to help every single American boy and girl to prosper even at the expense of his or her Asian neighbor.  Anyway, below is the ridiculous article full of Asian slander I am referring to.  Read the article with the understanding that this could never contain an ounce of truth though.

"the Chinese government has informed visiting Bush Administration officials they intend to dump One TRILLION U.S. Dollars from China's Currency Reserves and convert those funds into Euros!" "China told the U.S. delegation they no longer have faith in U.S. Currency for several reasons:

1.       The Federal Reserve Bank ceased publishing "M3" data in March, making it nearly impossible for anyone to know how much cash is being printed. China said this act made it impossible to tell how much a Dollar is worth.

2.       The U.S. Dollar has lost upwards of thirty percent (30%) of its value against other foreign currencies in the recent past, meaning China has lost almost $300 Billion simply by holding U.S. Dollars in its reserves.

3.       The U.S. has no plans whatsoever to reduce deficit spending or [the] ability [to] pay down any of its existing debt without printing money to pay it off." "For these reasons China has decided to implement an aggressive sell-off of U.S. Dollars before the rest of the world does so. China reportedly told the US delegation; "we are the largest holder of U.S. Currency and if the rest of the world unloads theirs before we unload ours, we will lose our shirts." click

Anyway, the above article can simply have zero truth to it because the Chinese like us and would never desire to hurt us in any way.  It's simply ridiculous to assume that they are one day going to call in the mortgage they hold over this country.  The truth be told I am sure the Chinese folk are trembling in their boots.  The United States is economically invincible and will never fail.  Just can't.

"Uranium prices surging. $115 a pound predicted for 2007" "well-respected Australian based research organization Resource Capital Research, which specializes primarily in the uranium sector among other minerals resources, has predicted spot uranium oxide prices rising to $115 a pound during 2007. According to RCR's latest quarterly review of the market, analyst John Wilson states: "Forward indicators suggest the uranium price is heading to US$90/lb by mid 2007and US$115/lb by September 2008, an increase of 75% over the current spot price."  "The upward revisions are largely driven by the expected impact to the uranium market of delays at the Cigar Lake project (Cameco) in Canada." click

The following reader email below comes from Denmark with a very good question.

Dave,

"I'm trying to figure out what the US government will do with its current debt situation and future unfunded liabilities time-bomb" "Unfunded liabilities are now at about 44 tril.  How will the US eventually pay this, keeping in mind that amount grows significantly each year, much faster than receipts?  Will the government A) cancel these social programs altogether, or B) keep inflation high to erode the liabilities to zero (please see xls for some quick calcs - am I way off?), or C) just roll with it forever/until an major asteroid hits Earth?"  James M. Denmark

Well, I think we can answer James from Denmark with the following email comment from another reader below.

David,

"Once we were amused by inflation. It only happened to banana republics and the Germans of long ago." "Now we depend on inflation. It raises the stock market but we call it a bull market. It raises the price of a house but we call it wealth creation."  Tom N.

Tom, just answered what the long term solution to all US dollar problems will be.  More inflation.  It is simply the only way the US government will ever even hope to handle the escalating US dollar mess.  And higher inflation ultimately is what contributes best to a rising gold price.  Do you begin to see why gold bugs are so confident of long term rising gold prices?

Are readers making money investing in uranium stocks?  Read the following email from a happy reader and I will let you decide.

Good morning David,

I have enjoyed reading your articles, particularly with regards to Uranium over the last few months"  "In April 2005 I invested in a small Western Australian based Uranium company called"   "With the announcement of successful diamond drilling this week the split share price climbed as high as $2.16 making my investment now worth $13,000,000; (thirteen million dollars)."  "The initial 20 cent stock is now worth approx $6.48."  "this is just the beginning." "very few people understand what is going on with the Uranium price and have failed to take advantage of it.  WHAT ARE THEY WAITING FOR?" Michael V.

Good question to ask Michael, "What are people waiting for?"  But my experience is that most folk generally have this instinctive internal timing mechanism where by they wait for a market to top out and then they jump in.  Always happens that way and always will.  That is why those that prosper are always in the minority because they think outside the box and are willing to jump in and take worth while calculated risks when they present themselves.  The stupid just sit back like idiots and wait for the rain.

Hi David,

"just read your article as published on xxxx."  "your insistence on uranium made me buy a few of the companies out there and needless to say, I am seeing 20-30% in last few months and hope and expect a good deal more." "is uranium still so unknown by wall street people? I am surprised Mr. Kramer of TV fame has not been there pushing" TKS

Yes, yes, yes to the following question below!

"is uranium still so unknown by wall street people?"

And for the above reason is why uranium remains the buy of the century still.

Hi David

"I enjoy reading your articles and I share your views on subscribing to a few good newsletters."  "After watching and reading the opinions of many different newsletter and industry commentators I have singled out about four that I really trust.  They are: Paul Van Eeden, David Morgan, Doug Casey and Jim Dines." Cheers. Have a wonderful Christmas. Jason, Calgary, Alberta

Good choices, Jason.

"Uranium spot prices will continue to rise into the New Year, hitting $90 US per pound by mid-2007, according to a report by Resource Capital Research." "It projects the spot price could hit $115 US per pound by late 2008. Resource Capital said junior uranium miners are seeing strong interest from investors, with Canadian companies like"  "are forecast to continue to outperform the sector" click

Gold Letter emails reviews of undervalued gold, silver, uranium and other resource stocks that are under valued. 

Click here to order Gold Letter

Send me an email if you have time to write over the holidays.  Seriously!!!

David Vaughn
Gold Letter, Inc.
David4054@charter.net

http://www.amazon.com/gp/product/0764599038/qid=1138517977/sr=1-1/ref=sr_1_1/104-9137451-8175124?s=books&v=glance&n=283155

A new e-commerce web portal www.SuperMoneyLinks.com was developed by the great professionals at www.NexWEB.com. They are a top-notch team that I have joined forces with to bring Mladjenovic content to the web.

For those of you that need excellent point and click Internet services, please contact them directly through their website at www.NexWEB.com.
Tell them Paul sent ya!

---

Thank you for reading this issue of the Prosperity Alert. Feel free to pass this along to others (unchanged, of course) or encourage them to get their own free subscription at www.SuperMoneyLinks.com. The next issue will be in your email inbox sooner than you think.

Regards,

Paul Mladjenovic
Email: paul@mladjenovic.com
Tel: 201-585-0239