Please read carefully…
- You deserve the best
- What are we talking about?
- Too much advice?
- No…we’re not going broke
- What now?
- Back to the Dark Ages
Today, a change in pace.
After the market summary, you’ll read a message. I’ll admit up front that it’s a sales message — but one with a difference.
If you’re sick of sales messages, I get that. But I urge you to read on. This is the last time you’ll get to see this particular message for perhaps another year.
And while you may view sales messages as benefiting the seller and not the buyer, I can assure you that in no way does that apply here.
Because this isn’t just about us selling you something. This is also about us ‘gifting’ you something — something that you deserve. Something that your family deserves.
And by the way, even though I say it’s a sales message, there is actually nothing in this message for you to buy. There are no clickable links, no ‘call to action’. Nothing.
It’s simply a message explaining how we would like to serve you better, and letting you know how you’ll be able to take advantage of it. (And as an aside, how you can rid yourself of all sales messages in the future!)
Read on for details…
Over the weekend, the Dow Jones Industrial Average fell 35.89 points, or 0.19%.
The S&P 500 fell 5.22 points, or 0.24%.
In Europe, the Euro Stoxx 50 index fell 20.96 points, for a 0.69% fall. Meanwhile, the FTSE 100 fell 0.28%, and Germany’s DAX index lost 0.2%.
In Asian markets, Japan’s Nikkei 225 index is up 133.42 points, or 0.74%. China’s CSI 300 is up 0.86%.
In Australia, the S&P/ASX 200 is down 8.10 points, or 0.15%.
On the commodities markets, West Texas Intermediate crude oil is trading for US$46.31 per barrel. Brent crude is US$47.51 per barrel.
Gold is US$1,211.46 (AU$1,653.79) per troy ounce. Silver is US$16.67 (AU$22.76) per troy ounce.
The Aussie dollar is worth 73.25 US cents.
You deserve the best
A new BMW 740i costs $190,000.
A new Mercedes-Benz C Class costs $90,000.
A 2016 Range Rover Sport costs $150,000.
A 2015 Volkswagen Passat costs $35,000.
Over the past two weeks, a number of folks from our American parent company have been in town. While here, they were impressed at the number of expensive European cars in the area around our Albert Park office.
We explained Albert Park wasn’t necessarily representative of the whole of Australia.
Even so, it got us thinking. Most Aussies think nothing of spending tens of thousands of dollars (sometimes hundreds of thousands of dollars) on flashy, depreciating assets like cars.
And we’re not just talking about so-called ‘rich’ folks. The long era of easy credit and rampant at-all-costs consumerism means that middle and working class folks think nothing of spending tens of thousands of dollars on cars and other ‘big ticket’ items.
Not to mention the hundreds of thousands borrowed to spend on expensive Aussie housing. Not to mention the ease with which folks will spend $1,000, or $5,000, or $10,000 on home entertainment systems.
Yet, while many won’t think twice about making such purchases, there’s one thing that most people will think twice (or more) about. And after thinking about it, they usually decide not to ‘buy’ or ‘invest’ in this specific area.
What are we talking about?
We’re talking about making an investment in improving their financial knowledge.
Now, as someone who’s already part of the Port Phillip Publishing ‘family’, it’s pretty safe to say that you probably don’t think that way.
You’ve already begun to make an investment in improving your financial knowledge.
You’ve sought advice. You’ve sought to improve your knowledge. You’ve sought answers to questions — and received answers; or in some cases, you now understand there are no answers.
We’re the first to admit that, even though we try to provide you with as much insight as possible, we know that we don’t have the answers to everything. We aren’t all-knowing.
But what we do know is that it’s important for individuals to learn as much as they can about investing.
That’s why we’re here — to help.
We do that regardless of the type of investment you’re looking for, your stage of life, or your investment goals.
If you’re looking for growth, we have a wide range of growth advisories.
Australian Small-Cap Investigator and Resource Speculator are our two longest-running and most popular entry-level services.
If you’re looking for growth with a ‘bit of bite’, then Revolutionary Tech Investor could be the service for you. Or there are our other growth investment services, such as the entry-level Crisis & Opportunity, and premium trading service, Gold Stock Trader.
But it’s not just growth. There’s income too. Matt Hibbard runs our entry-level income advisory, Total Income, and our advanced income service, Options Trader.
These are services for investors looking to supplement growth with income. Matt shows investors how to create and build regular income streams — sometimes without even owning a stock.
We also offer macro and strategic investment advisories, with The Gowdie Letter, Jim Rickards’ Strategic Intelligence, Currency Wars Trader, and Gowdie Family Wealth.
Not forgetting the services that rely on the input and guidance of controversial economist Phil Anderson. These are Cycles, Trends & Forecasts, Money Morning Trader, and Time Trader.
Too much advice?
That’s a lot of investment advice. In some ways, it’s more than any individual investor could use at one time.
But that’s the thing. The purpose of providing multiple services isn’t to bombard you with a ton of information all at once. The purpose of providing multiple services is because we know investors are at different stages of their investing lives.
Let’s suppose we only published a small-cap service, or maybe even just two or three small-cap services. That would be great for investors who love investing in small-caps.
But where would it leave the investors who want income…or who want to trade options…or who are looking for a macroeconomic approach to protect their investments from the ravages of central bank meddling.
Or let’s suppose we only published a number of trading services, which would give you the opportunity to make rapid-fire gains, or which required an understanding of technical analysis.
That’s fine. But it wouldn’t be of much use to investors who aren’t interested in trading in and out of the market, and who instead prefer to make investments with the long-term in mind.
Even more than that, by understanding that there are different approaches to investing, we also understand that investor needs change over time.
You may only want small-cap and growth opportunities right now, but, in four or five years, advanced trading services may take your interest. Then, five years after that, the prospect of earning an income may appeal to you the most — whether that’s earning an income from stocks or earning an income from options strategies.
Throughout all that, you may also realise that, regardless of what goes on at an investor level, or even at a company level, it’s also important to pay close attention to what goes on at the macroeconomic level.
That’s where our ‘big picture’ investment services come into play.
Now perhaps you can see how it works.
The thing is, running an investment publishing business isn’t cheap. It costs us more than eight figures per year to put all our investment research together and then deliver it to you.
And because running an investment publishing business isn’t cheap, we can’t be cheap about the pricing of all of our services, either.
Sure, we offer entry-level advisories, from as little as $49 per year, but our premium trading and investing services can cost $1,999 a year, or more.
That’s a lot of money. In our (biased) view, that premium cost is well justified, considering the advice given.
The conundrum for us, then, was always how we could make our investment services available to as many investors as possible, at a reasonable price, while still making sure our business runs at a profit.
Yes, we don’t shy away from admitting that. We run a profitable business. We hope that pleases you. It should. Because if we’re not profitable, we won’t be around to provide you with the quality investment advice you’ve grown to appreciate.
So, three years ago, we discovered exactly how to make it a win-win situation for both sides. We could provide a service that still allowed our business to run at a profit, but, more importantly, it would grant you a way to access our most popular investment research for a fraction of what it would cost over a lifetime of membership.
The result was the Port Phillip Publishing Alliance program.
No…we’re not going broke
When we first launched the Alliance in 2013, we received several letters saying that we must be desperate…that maybe the company was on the verge of going broke!
At first, to us, it was laughable. But on reflection, we could see why folks may feel that way. We were allowing our subscribers to get access to some of our best investment research for life, just by paying a once-off upfront fee, and a small (and I do mean small) ongoing maintenance fee.
It hadn’t occurred to us that many people would be sceptical. But then we realised that no other financial publisher in Australia offered anything like the Alliance program.
And the good news is that, after three years, both the company and the Alliance program continues to grow, and is now stronger and better than ever.
When we first released the Alliance program, it only covered half a dozen investment advisories. Today, the latest iteration of the Alliance program covers 15 services and advisories.
And by this time next year, we expect that number to grow even further. To be honest, based on the projects in development right now, the Alliance could easily comprise 20 services or more by December 2017.
What’s more, folks who join the highest available level of the Alliance program will get automatic access to each of those services for no extra charge (just the same small maintenance fee).
That’s right, for no extra charge.
One of the services planned for next year is based on finding key short-selling opportunities. This service will likely retail for $1,999 or more. But those who join the top Alliance level will get access to it for no extra charge.
The same goes for the latest addition to the Jim Rickards’ franchise of macro investment advisories. It may retail for $1,499 or more. But for those who join the highest available Alliance membership, they’ll get it for no extra charge.
There are two other premium trading services (at least) planned for next year. One is based on the investment philosophy of long-time colleague Greg Canavan.
Hopefully, you’re starting to get a feel for the benefits of the Alliance program. Over 1,800 Aussie investors are already part of it. They’ve seen the benefits, and many consider joining the Alliance to be the best investment decision of their lives.
So, how does the Alliance work, and how can you become a part of it?
Well, it’s not often that we make new memberships available. The last time we accepted an intake of members was in December last year.
But starting this Wednesday, and until 30 November only, we’re accepting new members. Be aware; this is a strictly limited time new membership window.
Once we close access to new memberships on 30 November, there’s no certainty about when we’ll next allow folks to join. As I say, the last time we accepted members was in December 2015. It may be another year before we open memberships again.
And because we’ll likely have added three, four, or five new premium services to the highest available Alliance membership, it’s likely we’ll have to charge a much higher price to join.
I can’t tell you today. But I can assure you that a lifetime membership to the Port Phillip Publishing Alliance program is much, much, much less than you probably think — especially when you consider that subscribing to each of our services individually would cost you over $16,000 per year.
In fact, when I discussed the pricing for this year’s membership intake with my Financial Controller, neither of us could believe we were offering it at such a reasonable price.
We briefly considered doubling the asking price. But we didn’t. That’s because we want to make sure our services are available to as wide a cross-section of the Australian investment community as possible.
I’m not just saying that, either. We believe it. Look at the price of many of our entry-level services. Now compare those prices to our competitors. You can drive a truck between the price differences.
We want to make sure as many Aussies as possible have access to our entry-level research. To achieve this, we strive to provide the lowest prices possible.
Well, starting three years ago, we decided to bring that philosophy to the rest of our business. But we couldn’t charge rock-bottom prices for our premium services, for a number of reasons. The cost of providing the service is one reason. The liquidity of many of the recommended stocks is another.
So we came up with a compromise. And I think it’s a compromise you’ll like. You’ll find out the full details this coming Wednesday.
But as I say, the current Alliance membership intake is strictly time-limited. We can’t accept new members after 30 November. Once we close access, it will be the last time anyone will be able to join this year.
And there’s no telling when we’ll next make new memberships available.
If you like what we do, and you want to get access to almost all of it for life, make sure you’re glued to your email inbox this Wednesday afternoon.
The 2016 intake begins then, but it will remain open only until 30 November. I’m not kidding: If you miss the chance to join by 30 November, I can’t tell you when we’ll next admit new members.
Don’t miss out. Watch your email inbox this Wednesday for details.
Back to the Dark Ages
If you listen to the mainstream, and the trendy liberals who dominate the Aussie media, climate change scientists are caring souls who want the best for the world.
Listen to the mainstream and the liberals, and you’ll come to think that the science is ‘settled’, and that we must do whatever it takes to combat climate change.
In a similar vein, we’ve received a number of letters from subscribers telling us to effectively ‘button it’ when it comes to arguing against the concept of climate change.
Take this letter from subscriber Ian B:
‘Whilst I respect your knowledge when it comes to the stockmarket, until you get your physics degrees, you really should keep your thoughts on climate change to yourselves.
‘You really make yourselves look like absolute d***-heads with those ridiculous assertions.
‘As a physics graduate myself, unlike you, I understand the actual science behind the argument for global warming, and there is no doubt that humans are responsible for the rapid increase in global carbon dioxide levels, and in turn there is no doubt that this will lead to higher global temperatures in the future.
‘Of course there can be off-setting effects on a local or short term basis, which no-one denies.
‘Only idiots would use those as a basis for an argument that we can do whatever we want and it’ll all work out OK.
‘To put it simply, what happens, when those short-term effects (like a reduction in sunspots) start turning around again?
‘I know it’s useless trying to use logic to convince you, but will you still be spouting that garbage when our temperatures are 3, 4 or 5 degrees warmer?’
We always like the emails from scientists and science graduates who tell us they know more than the rest of us. Our simple response to that is: Thalidomide.
Yep, scientists don’t always get it right. It pays to be sceptical.
Or this, from subscriber John:
‘Sorry Kris; climate change is real. I really don’t care what you think about it, except in the sense that, now that you’ve made me aware of you blindside on this, I can evaluate your market logic accordingly.
‘How do I know that climate change is real? The fish of the sea are telling me. You see, I farm them for a living, and they’re the canaries down the mine of climate change. I won’t bore you with the science, I can see you’re not of that bent, but the average Winter water temperatures around the salmon pens are 2C warmer than the long term average, and the pH is trending downwards. It’s the Winter temperatures that are the give away here. The Summer temps are driven by season governing events such as El Ninos, and spike all over the shop. It’s in Winter’s long icy grip that we are given the stability measure.
‘I don’t write this to change your mind. You have no influence other than what shares people punt on. But one thing’s for sure though Kris, as the environment lets go, and social upheaval such as Brexit and Trump – pause for a good slug of shiraz — morph into something more widespread than just The Arab Spring, gold will become a basic trading commodity. You’ve at least got that right.
‘More strength to your arm.’
Unfortunately, the fanaticism on climate change has fooled many into believing that we’re all about to fry…or that the Earth will soon come to resemble Mars or Venus.
But before you fall for the fanaticism, just remember that climate change scientists aren’t the warm and fuzzy creatures the mainstream would have you believe.
Take, for instance, this report from the University of Oxford, as spotted by the website, Wattsupwiththat.com:
‘Taxing greenhouse gas emissions from food production could save more emissions than are currently generated by global aviation, and lead to half a million fewer deaths from chronic diseases, according to a new study published in Nature Climate Change.
‘The study, conducted by a team of researchers from the Oxford Martin Programme on the Future of Food at the University of Oxford and the International Food Policy Research Institute in Washington DC, is the first global analysis to estimate the impacts that levying emissions prices on food could have on greenhouse gas emissions and human health…
‘Much of the emissions reduction would stem from higher prices and lower consumption of animal products, as their emissions are particularly high. The researchers found that beef would have to be 40% more expensive globally to pay for the climate change caused by its production. The price of milk and other meats would need to increase by up to 20%, and the price of vegetable oils would also increase significantly. The researchers estimate that such price increases would result in around 10% lower consumption of food items that are high in emissions. “If you’d have to pay 40% more for your steak, you might choose to have it once a week instead of twice,” said Dr Springmann.’
This is exactly what we mean when we talk about the fanaticism of climate change. It’s social engineering at its worst.
Be under no doubt: If the climate change fanatics get their way, they’ll only succeed in throwing Western civilisation back to the Dark Ages.
It’s a known fact that a ‘meaty’ diet directly corresponds with developed economies. It’s not difficult to figure out why. In less developed countries, they barely have the technology and resources to feed themselves, let alone to feed livestock.
But in developed countries, technology and ingenuity have allowed these economies to develop agriculture and horticulture. That means people can grow crops both for human and livestock consumption.
The consequence is that farmers can keep and breed herds of livestock. As this has happened, human health and life expectancy has improved markedly over the past 1,000 years.
But if the climate change fanatics have anything to do with it, that trend is set to change. Get ready for higher food prices. Get ready for a less varied diet. Get ready for a poorer, regressive, less healthy and, ultimately, smaller population.
Of course, as always, the rich and the globalist elites will be fine in their modern day ‘castles’. They’ll still get their meat and milk.
While the middle and working classes will suffer dearly, making do with their bread and water.
The social engineers’ work will be done.
Be clear on this: The science of climate change is more than a bunch of friendly scientists with beards that are concerned about the environment.
The science of climate change is a dangerous and fanatical lobby group. It’s intent on turning civilisation back to the Dark Ages.
Don’t fall for it.