Busting a Big Bank Myth

Busting a Big Bank Myth

Mutual Fund companies and brokerage firms are famous for touting their market beating returns. The assumption is that you, the investor, are a static investor who just buys and holds every fund or stock that they recommend and hold through the good times, the bad times and also reinvests dividends. The reality could not be […]

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Know How Your Stocks Behave

Know How Your Stocks Behave

KNOW YOUR CUSTOMER RULE: Everyone in the asset management business should know FINRA’s Know Your Customer (“KYC”) Rule – Here. The rule basically states that it is the portfolio manager’s responsibility to pick investments that are suitable for each client (that is why it is necessary to know your client). I also apply this rule […]

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The monster in the market’s closet

The monster in the market’s closet

I’ve made it my mission to keep my readers profitable, but above all, safe. I don’t want you to ever be blindsided by an event like the 2008 crisis again. The signs were all there for the shrewd analyst to see, many months before the crash started in earnest. Bears follow bulls sure as winter […]

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The Main Driver Behind Growth in Oil and Natural Gas Production

The Main Driver Behind Growth in Oil and Natural Gas Production

At first glance, the average investor might think the main driver behind increased hydrocarbon production from unconventional shale deposits would simply be more wells in production. But that’s not the biggest factor. It turns out the productivity of horizontal oil and natural gas wells are steadily increasing. It all has to do with the increasing […]

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The Whisper On Wall Street

The Whisper On Wall Street

Sometimes, actually quite often, stocks act irrationally on Wall Street. The notion of a ration approach to picking stocks has been disproven over an over again whether through illegal inside information, select calls to analysts, channel checks of merchandise revealed to those “in the know” or out and out fraud. One of the most perplexing […]

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Use a Three-Pronged Approach to Analyze Stocks

Use a Three-Pronged Approach to Analyze Stocks

Being that I am a new contributor to The Midas Legacy, I wanted to take the time to introduce myself and my investment philosophy. I have been in the financial arena for more than 25 years now with the last 14 being in financial publishing. I have been studying, trading and writing about the stock […]

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This could cost you dear

This could cost you dear

We’ve added a new tool to the website. You’ll now notice that we have long term and short term market trend alerts. We added this so you can keep things in perspective- the underlying and longer term trend can be up (green thumb up) while the shorter term trend can be correcting/down (red thumb down). […]

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How to make a lot from a little

How to make a lot from a little

Make BIG Money With Options: Exponential Returns Options trading is a very lucrative way to make money in the stock market. Unfortunately, most people do not understand how to properly use them and end up blowing up. So instead of trying to understand how to make money with options, they put their head in the […]

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Is Your Portfolio Fragile?

Is Your Portfolio Fragile?

With high-flying stocks like Tesla and Twitter running into turbulence, worries about a China implosion, the Ukraine fiasco, and political stalemate in Washington, it might be a good time to schedule a stress test. I mean for your portfolio. Seriously, just how would your portfolio perform under the pressure of a market sell off of […]

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Playing the correction

Playing the correction

Is this market correction for real? I certainly hope so and you should be hoping so as well. The VIX or Volatility indicator is picking up steam, hitting 18 last week. That number is still indicating bullish sentiment but it’s starting to tilt in the direction of bears. It’s the bears that are putting fear […]

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‘Robo-Cop’ stocks set to fly

‘Robo-Cop’ stocks set to fly

Data security has been one of the hottest areas in technology since late 2012 when the New York Times discovered suspicious network activity and called in Mandiant to investigate and halt the attacks. This attack coincided with the timing of an investigation into the business activities of China’s Prime Minister, Wen Jiabao. The paper had […]

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Power follows wealth

Power follows wealth

Many years ago, Legendary Investor Jim Rogers told me that Power follows Wealth. A brief look at history confirms his thesis. We all know that empires were built when massive fortunes were accumulated and eventually collapsed when their inevitable economic dominance ended. Over time, capital begins to flow away from one area of the globe […]

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A Black Market for Stocks?

A Black Market for Stocks?

There exists a kind of ‘underground’ stock auction, used by the Wall Street elite… Think of a stock, maybe s stock you’d like to own. Go and get a quote for it from your broker. You’ll then have the choice to buy it, and hopefully make money from it. That’s the regular way of stock […]

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Why Food Stocks are Rising

Why Food Stocks are Rising

Food represents a reasonable 14% of American consumer spending, but in emerging market countries it ranges between 30% and 70%. In India, where 75% of the population lives on $2 a day and 40% of children are malnourished, 48% of income is spent on food. The world’s population recently exceeded seven billion, and adds 200,000 […]

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High Frequency Fraud?

High Frequency Fraud?

Last week I alerted you to the shenanigans in the exchanges caused by high frequency traders. They have the ability, thanks to technology to legally “front run” your order by selling you shares that they just bought at a discount milliseconds before your order hit the market. The technology they use is information sent over […]

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The Fed’s Monster

The Fed’s Monster

We live in strange times when hundreds of thousands of new jobs are added to the economy and the market tanks as a result. The (perverse) thinking being: “if the economy is doing well that means that The Fed will stop throwing money into the system. Oh no, sell!” The Fed has created a monster. […]

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Real estate investing without the hassle

Real estate investing without the hassle

I’ve noticed that a great many of the world’s richest people created their wealth not through investing in stocks but through real estate. Real estate experts will tell you to buy property in your neighborhood, which is good advice, but the truth is that most of us do not want to deal with all the […]

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The 3 letters that supercharge your income

The 3 letters that supercharge your income

Investors have become attracted to pipeline MLPs over the past several years. With the rapid build out of infrastructure to support the exploding growth in the oil and gas sector, MLPs are becoming more prevalent. The attractiveness stems from high yields, and in many cases, growth in unit prices as well. Unfortunately, as retail investors […]

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The big banking scam

The big banking scam

As a young child in the 1970s (before the comforts of today’s youths), I remember feeling ecstatic as the carnival rolled into my town. Oblivious to the mysterious rise of burglaries in the town that week, I counted down to the day that the rides and stalls would be set up by these quirky travelling […]

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How to Stop the Bankers from Ripping You Off

How to Stop the Bankers from Ripping You Off

The advent of high speed trading has been a boon for the bankers. Because of the insanely high computing power available today, these bankers have trade systems that can spot your trade coming in milliseconds, fast enough that they can buy shares before you do and then sell those shares to you making pennies or […]

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