Real Wealth Report

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Portfolio Man
Guest
Portfolio Man
August 6, 2010 8:35 am

Yeah, his timing is just as bad as the rest of the clowns at MAM. Back when the Euro hit below 1.1900 a couple of months ago and Europe was going to fall into the never ending black hole, MAM including Larry said death to the Euro and the next leg is around the corner get out now, HURRY!!!!! Well just like clockwork, the Euro is almost 10% higher since that watershed call they had. If you would have sold your FXE position, you would have sold at the absolute low. These guys are terrible. However, if you want to make extreme profits from them, just do the exact opposite. They are really that bad and I am surprised they are still in business!!!

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Ian Shearer
Irregular
Ian Shearer
September 14, 2010 3:10 pm

Somehow I stumbled upon the Weiss group and Agora and get Larry in Uncommon Wisdom from the former and Steve MacDonald’s weekly wrap from the latter emailed to me free, no subscription. Both are entertaining and informative. So at that price I am going to give Larry five stars for value. I am not tempted to the Real Wealth report, the tax situation and opportunities are different in UK to US. I think his analysis of economies and currencies is quite good and he did put me into US MLP’s in March 09 – what a bargain that has proved to be! Larry has not been picking many stocks in 2010, preferring to recommend gold. In that he has been much more right than wrong.

I live in the UK and prior to retiring was a Forex Trader. The biggest clown (over my 2 year review) in the Weiss group is Bryan Rich, the perpetual dollar bull. Follow his timing and in the short term you will get a haircut even when he is long term correct. For anyone interested in predicting forex here is a lifetime of experience in one sentence. “Use daily candlestick graphs with Bollingers at 10:2 10:1.5.” You will soon see what are trends and what are jitters.

Claus Vogt at Weiss has been wrong so far, but the tide may be turning in his favour. But I wonder how much of the million dollars he has left in his contrarian portfolio? Weiss group have been quiet about it recently so I guess the seventh digit is redundant.

Following my hit today on Stock Gumshoe I shall be interested to track those pundits with higher ratings than Larry.
Keep up the good work.

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nj_hou
Irregular
September 21, 2010 7:35 am

I completely agree with E.Matt. I’ve had a subscription to Safe Money since 2001 and then Larry Edelson was part of the speculative group. His picks have been absolutely great and I have made quite a bit of money even to trippling (is that a word) my Roth. Only part i do is buy and sell if there are dips which i’m not sure he recommends although he does put stops on, I simply use stop loss %. the Martin Weiss part is the perma bear section I read but don’t go with if contraray to either Edelson or …. Anyway the price is minimal and if i had time to trade options I’d subscribe to his other services.

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Goldbug
Guest
Goldbug
September 23, 2010 11:14 am

Larry is the only one I kept and trust in the Weiss group. He also wisely renamed his free newsletter Uncommon Wisdom and no longer writes under the Money and Market which I unsubscribed to after losing much money with Claus’ Million Dollar Portfolio (now should be renamed Million penny portfolio after many losing picks), and Jack Crook’s World Currency Options and World Currency ETFs. Often Larry disagrees with Weiss as to the direction of the markets. Weiss constantly says the market will tank but it never does. Larry called the March 2009 rally but Weiss still said the market will go to 4000 and stocks were overvalued at 6000. I should have chosen Larry over Weiss back then but lost with Claus. Now with metals, I have gained. Larry also accurately predicted the small drop in stocks and the fall rally.

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Kathy
Member
Kathy
February 21, 2011 9:34 pm

Following Weiss group advice was a bad decision. I lost money.

Finally, I realized that the only good adviser of the group is Larry Edelson.

I no longer listen to the others’ advice.

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Nate
Guest
Nate
February 28, 2011 3:29 pm

Very cutting edge & educational. Larry backs up his theories with history & facts.

He recommends natural resource/contra dollar investments and uses stop losses & portfolio allocation to reduce risk. Based on $100K, Larry recommends how many shares of a security to purchase.

He uses his own proprietary software for market timing. Although short term timing is more difficult, his intermediate & longer term timing seems more reliable. He correctly called the crash of 2008 & had subscribers into cash. He sends out Flash Alerts when needed.

I feel confident having Larry help navigate me through this treacherous market.

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Dex
Guest
Dex
April 24, 2011 9:23 pm

He believes in his systems but in the case of precious metals, the historical timelines he uses do not factor in random events. These include contagion in the Middle East and N. Africa, and a short squeeze in silver that has led to physical shortages. Frankly, six weeks ago he didn’t even take silver seriously. Larry spins his predictions to imply success but he is not the market timer (DOW 9600 declared a year ago)that he thinks he is.

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