Categories: Stock Market
Topics: Inflation Stocks

Watch Out — You Could Be Getting Outdated Stock Advice

 
I got a newsletter promotion from Stansberry Research last week.

You might be familiar with them. They're one of the larger financial publishers in the country.

They're even publicly traded now under the masthead MarketWise (NASDAQ: MKTW).

All newsletters — even us — send out sales promotions to get people to sign up to our services and our premium research.

I normally archive them and move on.

But the promotion I got from Stansberry last week... I drilled into a little bit deeper because it struck me as eerily familiar.

I started reading this promotion from Stansberry and it was all about the future of energy and how energy was going to be traded in the future and how it was going to be all electric and how basically things like virtual power plants were going to solve the intermittency issue as everything became electric.
 
It even said:
 
 
 
"See this? It might look like any app you'd pull up on your smartphone or iPad, but this is how you'll get electricity in the future because energy is finally entering the digital age. It will be a tradable good. Like a product you buy off Amazon." 
 
This struck me as very familiar...

Eerily familiar almost.

Look at that image again that they are using.
 
Then look at the image below of me, many months ago, back in March or April, with a similar promotion about how the grid was going electric, and there would be virtual power plants controlling it.
 

And you might even be able to buy and sell energy in Amazon-like fashion.

In fact, I called it the Amazon of Energy.
 
So little old me here in my office in Spokane — multi-millionaire investor, speculator, publisher — but small publisher, albeit, compared to Stansberry, whose public equity is valued at $550 million.

Clearly I’m coming up with the ideas here months and months and months ahead of time.

And so if Stansberry purports to be a leading publisher, giving their readers the ideas first, the best ideas at the leading edge of the investment curve...

It struck me as rather curious that their promotion —  this information I put out four or five months ago — is now “new” information from Stansberry. 
 
 
Ego's aside and stealing copy aside, the takeaway should be for you as the reader, because my ideas came to you months and months ahead of theirs.

And therefore you were months and months ahead of the herd, which is what you're trying to be ahead of in the investment game.

So I think that Stansberry is a bit delayed here. And that’s not a good look for them or their members.

And I also think I'm hearing a bit of doublespeak come from them because a couple of months ago it was all about the meltdown, right? Things were going to “melt down” to hear them tell it back in March.

But stocks continue to hit new all-time highs.
 
So now Mr. Sjuggerud is writing about why you shouldn't fear inflation, even though his buddy is selling his daughter's used car for 100% more than he bought it for. And even though someone is buying houses in his neighborhood for $3 million, and then putting $1 million into rehabbing them. “You shouldn't worry about inflation.” is the narrative now coming out of Stansberry.

And like they were late on the virtual power plants and like they were wrong about the meltdown while I was telling you that stocks were inflating to new highs alongside other commodities. Now they're wrong about the inflation.

I've picked on other people for being wrong about inflation. But now I'm going to pick on Stansberry and Dr. Sjuggerud because telling people that inflation is not something they should worry about is dangerous and not very… market wise... especially when your average reader — and certainly the average American —  is not buying $3 million homes in South Florida.

They're being priced out of homes in their suburban American neighborhoods. Those are the people I deliver my ideas to first (The ideas that you steal and deliver later.)

I think that you should continue to be worried about inflation. And in fact, the CRB Index continues to hit decade highs and things that you use every day — like coffee and gas — are rising precipitously.

Now it's trickling over into services. Men's $20 haircuts are now $25 haircuts. A $5 beard trim is now an $8 beard trim. People are cutting meat out of their family's diet because they literally can’t afford it.

And of course that inequality — that wealth inequality — is being exacerbated by the government and federal reserve, which is something I comment about here all the time. 
 
 
For the past six or eight months I was telling you that it was bond yields up, inflation up, gold down, and that inflation was manifesting in other places

That inflation is manifested and continues to manifest everywhere.

Literally in everything. Talk to any business owner. Any neighbor. You know the conversations that are going on.

They just started a pool project at my house this week that was supposed to commence back in May. Can't get materials. Prices have risen for almost everything. Labor shortages as well as workers demand higher (inflated!) wages.

That's all under the banner of inflation.

It's certainly not something not to worry about, Dr. Sjuggerud.

So what I'm here to tell you about today is gold. I think that this inflation is something to worry about. I think that bond yields have started to move downward from their upward direction that they commenced late last year.

And I think that money is going to start coming back into gold for fear of this inflation that's manifested in all these other commodities now.

But now it’s going to start coming into the precious metals because of bond yields going down.

The volatility you are seeing around gold this week is indicative of a turning of the cycle.

I've been telling you about the gold stocks I’m buying.

Premium members have certainly been guided into the appropriate names.

Maybe in four or five months... you'll hear Stansberry telling you to buy gold stocks.
 
 

Call it like you see it, 

Nick Hodge
Editor, Daily Profit Cycle

Nick Hodge is the co-owner and publisher of Daily Profit Cycle and Resource Stock Digest. He's also the founder of Hodge Family Office, the umbrella organization for his three premium services: Foundational Profits, Family Office Advantage, and Hodge Family Office . He specializes in private placements and speculations in early stage ventures, and has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy Investing for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world.
*Follow Nick on Twitter.