Million-Dollar Contrarian Portfolio

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Axclr8
Guest
Axclr8

Gold has TOPPED: Clauss loves it ….

http://www.moneyandmarkets.com/gold-breaks-1000-an-ounce-what%e2%80%99s-next-%e2%80%a6-3-35386

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Goldbug
Guest
Goldbug

Of course. Claus is happy when the markets go his unflexible ways. At least Larry is willing to see a pullback. The world according to Martin or Claus is a world in which stocks are always down because the Leading Economic Indicators says it’s down. Well the stock markets can care less about the LEI!! They want to make money even when the markets are down. Trading stocks is their bread and butter and they won’t stop just because the LEI is down. Fundamentalist trader are losers.

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Portfolio Man
Guest
Portfolio Man

All,

Just curious if Claus is still sitting on his ETFs from June when I left (SEF, PSQ, etc..). What a disaster if he has. They have to be down about 50%+ if he does.

Mooolah
Guest
Mooolah

That’s interesting Me3tv because when I was doing my digging I came across their Hemiwedge Valve. It sounded so good that I suspected Shumate (SHMT) as well. Low volume today so watchout the sales job may not be working.

disgruntal
Guest
disgruntal

PortfolioMan…
You forgot to ask about his terrible choice of AAN and FDO?!!!!

Portfolio Man
Guest
Portfolio Man

disgruntal,

Oh yeah, I guess Martin and Claus forgot rule 1 of their 11 rules which was PRESERVE CAPITAL/KEEP YOUR MONEY SAFE!!!! 50% down on their calls in 5 months WTF!!! That is what happens when he has no strategy and/or stop losses. These guys are terrible traders. they need to shut down their service.

Dave
Guest
Dave

Surely Claus is out of the inverses by now………..right? He’s belatedly reinvented himself as a bull. The two consumer stocks are sort of neutral, and the gold-related stocks are up rather nicely. And the other ~half of the portfolio was not invested as of when I got my refund. Overall, not doing that badly if we ignore the missed March-June rally.

disgruntal
Guest
disgruntal

Dave…. I agree he is doing much better because of gold but the 2 consumer stocks are down 20%.. so not that great.
Wonder about the inverse….
May be now that he is a bull, he has fund a series of stocks that have make up for all the loses…

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IanA
Guest
IanA

Two retailers/ #1 = -23% the other #2 = -18.82% Short ETF = -18.37% Gold stocks up, but what gold stock isn’t? Remember they are only 2.5% of the portfolio so the portfolio losses are still much greater than the gain in gold. The three loosing positions represent over 30% on the equity money invested. There’s no money being made when all looses and gains(gains, what a joke that is) are added together. 🙁 The latest pick is a Blue Chip that even a 10 year older would know is probably a good company to own for 15 years or… Read more »

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IanA
Guest
IanA

Here’s the link to http://www.martinweiss.com, it shows the performance of the recommendations (with disclaimers and modifiers)of the publishing services offered by Weiss LLC. It’s funny they list the performance of The Foundation Alliance but not the MDCP. Maybe the SEC and FINRA might be interested in this “oversight”. I’ll call the local SEC office in Miami tomorrow and inquire. I hope for his sake he’s not making a 2006 for himself all over again. Here’s the link:

http://www.martinweiss.com/publications/performancehistory.asp

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Ginvestor
Guest
Ginvestor

I stuck with this service for 5 months hoping that the returns would start to go positive but finally I decided enough was enough. The timing on shorting the market was terrible and the war rooms were addressing questions that were for the most part neutral. I had only part of one of my questions answered. From the blog comments I read most subscribers questions were ignored. Claus seems to be good at analyzing the market but he is a lousy stock picker in my opinion. It is too bad that so many put trust in this program only to… Read more »

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cj
Guest
cj

I think you might have a look at China Agritech (CAGC.OB). I’ve been watching this one for some time, and it seems to me that since China already has a problem with water volume devoted to agriculture as well as all other needs, a liquid fertilizer is made to order. It could start working almost instantly.

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Dave
Guest
Dave

Thanks, Ian. I am surprised that there is still an inverse holding. Sorry to hear about the new lame pick—Claus seems to have a real knack. Re the performance page, it is odd that they exclude the MCP. Larry E’s Real Wealth service is also not there…must be the nature of the connection with Weiss Inc. FA is doing somewhat better than reported there, due to current metal gains. Performance is non-impressive so far.

cj
Guest
cj

This is my problem with Scottrade. One can get the latest info. on any Canadian ticker, but the trade costs $27.00. This is very uncompetitive, so I am thinking I need a new broker.

disgruntal
Guest
disgruntal

Ian… so, he is still holding his loser retailers… interesting… hopefully, they will stage a come back soon.

If you check the performance of all their services… ALL LOSERS.. all of them… urghhhh. They only post what they have sold… may be they are holding tons of winners <>

I don’t think we see Larry’s Real wealth or “Unsafe Money” because they are not full blown services…. just a guess

Portfolio Man
Guest
Portfolio Man

disgruntal, They don’t disclosure the newsletter performances. Also, I kept Real Wealth and his first reco was short gold. Another great call when I first join the service. I really don’t think these guys know how to trade (including Larry to a degree). Lucky he was long because no matter what you owned, you were up. I still cannot believe there are members on MCP. I am sure FA will be a as well. Martin doesn’t really have any succesful trading services, just good marketing hype. I hope people read this and stay away!!

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Gravity Switch
Admin
👍11

Certainly true — I’ve been known to linger on far too long, myself, out of stubbornness and/or confidence in what the long term will bring for particular companies. Often my stubbornness is rewarded in the long term, but definitely not always.

IanA
Guest
IanA

What a waste of time today’s War Room was. The acting was like that seen in a middle school play as done by 12 year alders. Tom, Weiss’s damage control dim whit and Claus, no Dr. Chicken Little at today’s show. Everyday our 2 retailers are down. A went from $36 where we bought it to $26 today and F went from $35 where we bought it to $25 today. both down around 20% and he still likes them! Claus I will buy das glasses for you to see what you are doing to my money. Our latest pick Joan… Read more »

Portfolio Man
Guest
Portfolio Man

IanA, I am sorry to hear. Weiss is toxic and thier marketing hype cannot live up to any performance standards. At some point, you need to leave Weiss and start to make money again. It took me a good month to de-tox myself because I thought the market was a bear market rally which it has been more like a bull run. I am not saying go hog wild on the long side but I think the market going down 50% last year from the peak was overdone and right now is about the right level (around Dow 10K). Good… Read more »

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Tadp
Guest
Tadp

I have done nothing but lose $$ with the 3 services I subscribed to. They are snake oil sales people – shame on me for falling for their marketing the second and third time.

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Axclr8
Guest
Axclr8

OK … here he goes again:
http://www.moneyandmarkets.com/is-this-the-time-to-be-a-contrarian-35534

Does anyone know if he still has inverse funds?

WTF is all I have to say ….

Elmer Fundd
Guest
Elmer Fundd

FROM DEFLATION TO INFLATION !!! says Martin.
I don’t believe it!
Time to dash out another book – How to survive an inflationary depression?
I’m going back to reading tea leaves.

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Portfolio Man
Guest
Portfolio Man

Axclr8, I agree. I kept asking on his website/MCP blog why were weren’t contrarian in the “Million Dollar Contrarian” portfolio. For example, at Dow 7K (after falling 7K points), he started to load up on inverse funds (that was not contrarian). As for his gold picks, gold has been in a 7 year uptrend already (once again not contrarian). Than he purchased SEF after the banks already got crushed by 80% off their peaks, once again not contrarian and SEF was a 50% loser in the portfolio. And just before I left he purchased AAN and FDO after they both… Read more »

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Portfolio Man
Guest
Portfolio Man

Elmer Fundd,

All he does is write books about something that already happened. If you read his last depression book, you would have sold all of your stocks and bonds at S&P 666, sold your house, and any/all hard tangible asset to raise cash. So far, you would have been crushed because the stock market is up 50% from the bottom and house prices stabilized. Martin is very reckless and unethical to use fear as a selling/marketing tatic.

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Axclr8
Guest
Axclr8

@Portfolio Man: And now they are so bearish on the USD. To me these guys are the perfect contrariran indicators to do exactly the opposite of what you should be doing! Yep, they make you feel like they were on top of it and you need to follow them again with OMFG … a NEW SERVICE THAT HAS A 90 DAY MONEY BACK guarantee!! OH WOW!!!! I can’t go wrong with this one!! I feel so SAFE (sic) knowing that if I follow their recommendations I will MAKE MONEY. In the investing world … 90% of people lose 50% or… Read more »

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Portfolio Man
Guest
Portfolio Man

Axclr8, I couldn’t agree more with your analogy. Last year, everyone knocked Warren Buffet but he has done very well with buy and hold strategy. Heck, he bought GS at $120 with warrants and a 10% perpetual dividend. He also did the same for GE around $12. Warren always bought quality companies at a bargain. I guess we try to find the quick profit but most newsletters are just guessing with our money (especially Weiss). Weiss waits until all of the events happen and than trade with the momemtum, hence, a losing strategy everytime. I am just surprised he is… Read more »

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mizzouguy
Guest
mizzouguy

September 25—I was inclined to subscribe to the Contrarian Portfolio. Then I received an urgent e-mail from Weiss saying I had to hurry to be included since more than 5000 had already subscribed. A quick math exercise told me that 5000 at $1500 was $7,500,000. Who wouldn’t risk $1,000,000 for that kind of return? Even if 4000 of the subscribers opted out and got their money back and even if he lost his total investment he would be $500,000 ahead. Not joining was the best investment I ever made.

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Elmer Fundd
Guest
Elmer Fundd

MONEY AND MARKETS – TODAY

DID YOU MISS THE 62% RUN UP IN THE STOCK MARKET?

YES – BECAUSE I LISTENED TO……….

NEED ANYONE SAY ANY MORE?

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Portfolio Man
Guest
Portfolio Man

Elmer Fundd, I just opened that now: “DID YOU MISS THE 62% RUN UP IN THE STOCK MARKET?” YES – BECAUSE I LISTENED TO MARTIN WEISS & CO (INCLUDING MONEY AND MARKETS, CRISIS ETF TRADER, SAFE MONEY AND MCP). WEISS LOST PEOPLE TONS OF MONEY!!! WTF with a stupid statement like that. Martin and his team should all be holding their heads down after reading that tag line because they missed the whole entire move up while recommending and holding inverse funds as an additional kick in the a** to subscribers for this high paid crap!!! Stuff like this fires… Read more »

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Goldbug
Guest
Goldbug

Claus uses a useless indicator called the Lead Economic Indicator (LEI) to base his trades. Any expert would know that the market ignores this indicator because it just tells what just happened rather than what may happen in the future. The stock market is more interested in the latter and trades accordingly. With the Plunge Protection team spinning bad news into good news with their green shoots and team FED inflating prices (historically good for the stock market but bad for cash), of course the direction of the stock market will run up, thus ignoring the Lead Economic Indicator of… Read more »

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Portfolio Man
Guest
Portfolio Man

Goldbug, I agree. I saw on a couple of large fund managers on CNBC 2 months ago and they clearly said if you wait for the LEI’s to turn positive, you will have missed the entire market move to the upside. On MCP’s blog back in April and May I had asked Claus this same topic and he said he needed confirmation (ie LEI are positive and above the 200 day moving average). To get to the 200 day moving average was a 35% rise in the market and another 15% at the time the LEI’s improved. This was a… Read more »

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Gravity Switch
Admin
👍11

Yep, 5% is nothing for a bank these days, eh?

I’m out West today to give a talk — I don’t think I can extrapolate on what this means for any potential recession, but a Monday night in Las Vegas in late July can certainly be awfully quiet … I didn’t see anyone throwing down the deed to their house on the blackjack table, but I did see Pete Rose looking just a little bit pathetic. Sad.

Axclr8
Guest
Axclr8

Basically Martin & Co. are following the same modus operandi as previous fraudsters … if the lie is REALLY Big … most people will believe it as face value … simple. Ex- Madoff .. Once again I am getting bombarded with their standard e-mails … the USD is Falling etc … Guess what … they are the perfect indicator of contrairism … these people have no soul .. I mean public c’mon? One look at them should be enough to tell you that they are a bunch of manipulators … The “Sell Job” in America is what everyone always falls… Read more »

Portfolio Man
Guest
Portfolio Man

Well it is Monday and the world is falling apart again according to Weiss Group. Yesterday Larry said “World Bank and IMF join global attack on the dollar” and today Martin is talking about Doomsday again (what a shocker). I think they get more subscribers by marketing with fear tatics since they cannot point to any track records with trading successes. Also, Martin is using Larry Edelson for his credibility. At this point, I am starting to turn sour on Larry as well pumping up this scare tatic bs and unethical marketing.. I hope people do not listen to this… Read more »

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Dave
Guest
Dave

PMan, I noticed the same thing–Martin stepping out of the limelight for a few weeks and Larry taking over the MC role. Maybe Martin was just on vacation? In any event, it would not surprise me if Martin were ultimately correct about the overall economic picture in the USA, which is looking pretty grim.

Elmer Fundd
Guest
Elmer Fundd

I have unsubscribed from all Weiss publications – Free at last. I have found a few sites that are very helpful and free. Analysts are often poor traders and advisers are often only good at Russian Roulette. I am now following Robert Prechters 5 rules on trading – which are just plain common sense. Don’t fight the market and have the patience to wait for the higher probability opportunities. Good luck all.

Goldbug
Guest
Goldbug

Has anyone tried their All-Weatherproof portfolio fund? They supposed to invest your money for you and it supposed to adjust according to the market up or downturn. To me, you are still relinquishing control to a third party trader and also the minumum investment is prohibitive $100,000. They hope you will roll over your IRA into this fund and they take a fee of $2000 a year. But what if they lose like Martin???

Portfolio Man
Guest
Portfolio Man

Dave, I think he was on a 2 or 3 week vacation since he was so quiet. I think Martin is the worst case scenario. You have to remember, even though he shows you 1 page of a 144 government report, he is only highlighting 1 thing (not helpful if you don’t have the full picture). There is a lot of value in this country and he only points out the bad things and provide no real solution other than scaring you. My question to Martin, what are our options??? He doesn’t offer anything other than sell everything you have… Read more »

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Goldbug
Guest
Goldbug

Thanks Portfolioman. I’m glad I hoarded metals with my IRA from my last job instead of rolling it into the All-Weatherproof Management fund. It was a 401K but was converted then sold for cash to buy metals. Martin from his last book contradicted himself and said we should buy short term US treasury bonds denominated in US dollars and backed by the full faith of the US government. His co worker Larry Edelson kept contradicting him while one of his other guys Jack Crooks and Brian Rich tells people to invest in the US dollar. I did not believe Martin… Read more »

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Portfolio Man
Guest
Portfolio Man

Goldbug, You were one of the lucky ones and/or made a better call than most (congrats). I also subsribed and cancelled in the following order as well: ETF crisis opportunity, Currenct Options Trading, MCP and Safe Money. YOu are 100% correct on your chronology above. For Martin to send out a posting like the dollar is crashing and its timely is BS. Martin and Claus have been saying to buy US T-Bills all year, Jack Crooks and Byran had a watershed event earlier this year to buy the dollar and short the euro. I also subscribe to Larry as well… Read more »

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FormerMCP
Guest
FormerMCP

Like most of the rest of the reviews, I lost money on the recommendations. Cancelled that, joined the Foundation Alliance, lost more money. Cancelled that. Have made back about 1/2 my losses from my own picks, from reading Chris Weber, and other far less costly services. The only upside is that you can get your money back.

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Portfolio Man
Guest
Portfolio Man

FormerMCP, Congrats for leaving MCP (the losing side) and making a profit somewhere else. I left MCP and Safe Money in late June and have made profits ever since. All Martin Weiss products are garbage and money losers!!!! The only thing in their favor is great customer service when you sign up and cancel with no hassles but that is not a reason to stay with anyone when they lose you money like that. All, I just noticed that Larry is the poster child for all new picks and the latest Weiss teasers. Martin will drag him down with the… Read more »

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Axclr8
Guest
Axclr8

OK, Good’ol Claus says OIL is going higher, time to short it!

http://www.moneyandmarkets.com/another-important-market-has-given-a-clear-buying-signal-%e2%80%a6-2-36072

Useless pucker is what he is …

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Gravity Switch
Admin
👍11

I don’t know OptionsUniversity personally (perhaps other readers do), but I would always recommend a thorough review of the free resources first. There are many, I like to suggest that folks start with the CBOE’s “Options Institute”:
http://www.cboe.com/LearnCenter/Tutorials.aspx

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spreadtrader
Guest
spreadtrader

I’m with the Gumshoe. I like learning to trade for FREE. While the CBOE tutorials are good, I have a comprehesive 3 part options course I’ll GIVE you (I’ll even give it to the Gumshoe). It’s the best FREE resource on options I’ve ever seen. Beyond that, there are books on options too numerous to list. I’ve read a number of them, but I get them for free at my local university business library (great resource). If you come into the forum and find a post with my name on it, whisper me your email address and I’ll send you… Read more »

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Axclr8
Guest
Axclr8

HEADS UP: Charter Enrollment for Resource Windfall Trader CLOSES FOREVER in just 9 hours! This is the last time I’ll be able to remind you, (name withheld) Charter Enrollment for my Resource Windfall Trader closes at midnight tonight — just 9, short hours from now. And when it does, your opportunity to save $2,100 on your membership will have expired. Permanently! –> SO IF YOU WANT AN EASY WAY FOR TAX WRITE OFF (LOSS), PLEASE SIGN UP SOON!!! –> BUT DON’T WORRY, WE WILL BE OFFERING NEW SERVICES SOON IN THE NEXT MARKETING CAMPAIN WHEN WE COME UP WITH THE… Read more »

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Axclr8
Guest
Axclr8

Does anyone know if MDC is still active?

Dave
Guest
Dave

I’d assume it’s still alive if not exactly kicking. Any reason to think that it isn’t? The website is still there: http://contrarianportfolio.com/

Portfolio Man
Guest
Portfolio Man

Axclr8, You are 100% correct about his advertisements and “enrollment is closed forever” SCAMS!!! MCP re-opened enrollment 3 times within a short period of time because it sucked so bad. It appears the Foundation Alliance is no better off. They are tossing Larry Edelson’s name on everything at the moment because no one else has credibility within the Martin Weiss Group. I also cancelled Real Wealth by Larry because I think this is all BS and I do not want to give Martin anymore of my money. All of his services are terrible and money losers!!!! STAY AWAY!!!

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Gravity Switch
Admin
👍11

Hi Questionit — haven’t looked at this one yet but it’s on my list, I’m sure it’s not as sexy as it sounds but don’t know the details yet. I clipped your comment just because it was so long.

Thanks,
SG

Portfolio Man
Guest
Portfolio Man

All, The real joke is when Martin Weiss and group issue “Watershed recos” and/or “Emergency Ground Breaking Recos that will change your wealt”, they are DEAD WRONG AND LOSE YOU TON OF MONEY!!! I have been getting tons of emails from them regarding the USD $ is sinking now, oil is sky rocketing, and gold to the moon, at by midnight tonight for these once in a lifetime great calls. It like the old story once everyone knows something (especially Martin Weiss) or talks about it, we are most likely at a short-term top. Well look at oil, gold and… Read more »