Stephen Leeb is out with a new teaser pitch for his Real World Investing, and it’s pretty typical of the “high end” letters — he promises access to a secret stock that has an extraordinary asset that no one knows about… and he’ll give you the info for your $1,495 subscription payment. With no refunds, even if you find the newsletter worthless (remember, you know nothing about this letter… only that he’s promising one idea that is making you drool with greed) — the only guarantee is one that is all-too-typical these days: if he doesn’t make you buckets of money, he’ll “work for free” and give you another year… which I like to call the “If you don’t like it, I’ll give you more of it!” guarantee.
This time, the tantalizing stock is this “Hero Company” that Leeb says is going to make a fortune because it can produce critical strategic metals here in the United States… so let’s get a taste of the ad:
“The Surprising Secret Behind the Hidden Bull Market Most Politicians Don’t Want You to Know
“Over the decades, the U.S. government has allowed us to become more and more dependent upon countries like China and Russia for the materials we need for our very survival.
“That’s right, we rely upon our greatest rivals for our supplies of rare earth elements as well as a host of other materials, including Catalyst 27-29.”
Huh? Catalyst 27-29? What the heck is that? Here, again, we have a secret to be revealed only to those who shell out their $1,495 (or, of course, those who keep reading here for a couple more minutes).
More from the spiel:
“… this company is on the verge of becoming a ‘hero’ to many industries… making its rare resources even more valuable….
“We import massive quantities of materials essential to the development of our defense industry, alternative energies, computers, cell phones, and other electronic devices.
“Tech companies like Apple, Amazon, Microsoft, and Google…
“Along with U.S. defense contractors that build our nation’s weaponry…
“Practically have to go hat in hand begging China and other nations for the rare resources we need to keep our country going strong.”
OK, that’s a common refrain when people talk about natural resources — particularly things like rare earth metals or cobalt or the rarer stuff, but also pretty much anything except oil and natural gas, where US supplies are abundant and production high.
So what exactly is this “Catalyst 27-29?” We get some more clues:
“Catalyst 27-29 is a critical building block for the military. Just look at where it’s used:
“Because it resists corrosion, it’s used to make aircrafts, naval vessels, and Coast Guard ships.
“Because it’s flexible and withstands impact, it’s used in the body armor that protects our troops.
“Because it’s durable, it’s perfect for applications that require high performance and the ability to withstand extremes in temperature. It’s used in aircraft components, tank bodies, armored vehicles, rockets, missile guidance equipment, communications, and satellite systems.”
Huh, so… that doesn’t narrow it down to anything particularly exotic, at least as far as a non-expert like me can determine. Another track, let’s look for the company he’s teasing first, then that’ll tell us what Catalyst 27-29 is.
“… imagine my excitement when the tiny company I’ve been telling you about recently announced it’s able to find and mine deposits of many of these critical materials within the United States’ borders…”
Leeb shows part of a map of this company’s deposits… and goes on to talk about the resources they’ve found:
“Our company’s primary project has a broad combination of incredibly valuable commodities — gold, silver, zinc, and lead.Are you getting our free Daily Update
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