Real Wealth Report by Larry Edelson.

By bcplatt, May 7, 2012

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

I just finished watching a video by Larry Edelson. He is selling a newsletter called the “Real Wealth Report”. He claims that the US and China are working together to devalue the dollar so the US doesn’t have to go bankrupt. He wants us to shift or investments to natural resources and food because that is what China will purchase. The website for the video is: http://finance.uncommonwisdomdaily.com/reports/RWR/DEC-VSP/dec-vsp-49.php?ccode=&em=&sc=AGORC&ec=4955103

What do you think of his predictions and recommendations?

Ben

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11 Comments on " Real Wealth Report by Larry Edelson."

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Joe Nathan
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Joe Nathan
May 11, 2012 5:31 pm

What do you think of the report Ben? I would like to hear your opinion as well…

Gary B
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Gary B
May 18, 2012 1:39 am
I think Larry might be right on to claim China will soon be the new economic power and leader, and the Yuan will soon be a reserve currency. But, i see a problem with the devalueing the US Dollar scenario. Now i am no expert but wouldn’t intentionally devalueing the Dollar mean that people’s buying power will go down with higher inflation, which would cause GDP to fall (people will buy less with less Dollars) , which would cause higher unemployment, which will cause less tax revenue, which will cause an end result in less Dollars to pay back the… Read more »
Jaycephus
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Jaycephus
June 11, 2012 11:25 am
Gary, I don’t mean to be insulting, so don’t take it that way. Devaluing the dollar causing a reduced purchasing power, which leads to price inflation, is exactly right. BUT, that also means all prices go up. We’d have the DOW at 20,000, Gold at 20,000, and GDP (before inflation adjustment) through the roof. BUT, the government would continue to grossly under-report inflation. It might be at 17% and they would claim 10%. THEN, GDP would be adjusted down by this smaller inflation rate before the inflation-adjusted, official GDP figure would be reported. Thus, rather than buying ‘less with fewer… Read more »
Nynetguy
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Nynetguy
August 18, 2012 5:21 pm
“I think Larry might be right on to claim China will soon be the new economic power and leader, and the Yuan will soon be a reserve currency. ” Pure and utter hogwash. The value of the yuan is continually altered by the Chinese govt. There is no way that any industrial nation would use such volatile currency as a reserve. So long as the Chinese govt maintains capital controls on the conversion of the yuan this currency will remain unattractive to central banks. China would need to develop a strong open bond market before it could ever become a… Read more »
timodoz
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timodoz
May 12, 2012 12:03 pm
Well I call it the invest in commodities with yield and yield in commodities currencies. themes. One of those themes is “The 8on3r” portfolio so dubbed as per the Farm Lobby’s tool from the heart of the corn belt, the Congressman from the OH-8th. Early on in the Presidential primaries he was outed by Tim Pawlenty for having snuck an increase in, in the farm subsidies program called VEETC. The Volumetric Ethanol Efficiency TAX CREDIT from 38 to 45cents, into the tax compromise on extending the DUMYA/DUMBO tax cuts. Caught with his hand in the cookie jar during a campaign… Read more »
timodoz
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timodoz
May 12, 2012 2:06 pm
The Nat resources is a very much bigger theme to cover. Right now we are seeing an increased interest on Nat Gas on a valuation scenario. But with the price in North america now recovered to $2.40 from <$2.00 majors investment news letters are starting to add the theme. One this last week urged his income investors to buy SJT. Now I don't know maybe he does shave that many subscribers but SJT got a pretty good pop at the end of the week. Personally I do not like the Issues with SJT on the depletions. I am a buyer… Read more »
msbetz
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msbetz
June 22, 2012 6:30 pm

Demand the reinstatement of the GLASS-STEAGALL ACT after removing the Obama money manipulators.
It is not our debt, it belongs to the banks that illegally gamble with trillions of $$. They are intentionally bring down the dollar, attempting to redistribute wealth and power to other nations (not locally but nationally) a financial Coup d’Etat. Remove Obama.

Douglas Gray
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Douglas Gray
July 1, 2012 7:03 pm

No person has commented on the Biggest Plan from Washington and the NeoCons. If you want to learn the truth try by watching Youtube Interview of Aaron Russo (Reflections and Warnings) done by Alex Jones. Yes, I know you might think Alex Jones is a nutcase, BUT WATCH THE VIDEO ! About 1 hour 30 minutes. It will be the best time you ever spent.

d watts
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d watts
July 21, 2012 12:59 pm
The whole story is very misleading. The overall picture is one of the US falling into decline, and while we have problems in this country – primarily debt, lets not go overboard. Yes, the chinese have more workers but their 810 M workers are 81% of their (estimated) working age population. the US has 160 M workers that are 72% of the working age population. Not as big a difference as the number seems to be. At a wage ratio of 6.5 to 1 the Chinese labor force adds $810 M directly to their GDP, the US workers add $1.04… Read more »
Nancy D
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Nancy D
August 5, 2012 7:05 am
I want to make a comment here about his recent Power Portfolio, because I joined that in the very beginning and regret it. The service was not cheap at $2K for 1 year or $3K for 2 years, and its past the 30-day money back period. So far every closed trade was a stop loss. The portfolio went from an opening value of $200K, down to $193K in a couple months. There were roughly 5 or 6 stop losses which caused the $7K loss, and now there are only a few open positions in the account of which half of… Read more »
Gerald Wilds
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Gerald Wilds
August 25, 2012 10:40 am

Larry

I am a subscriber to real wealth report. Why do I not receive the pubs you are ofering to new sign ups?
Al the 30% 53% and 73% stock gains were not called out in real wealth as BUYS this past year. All you have repeatedly said was HOLD.

Regards,

Jerry

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