I Lead All Investment Writers in This Category

Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

As an investment newsletter editor, I probably lead all other writers in this one category: traveling and speaking. My subscribers constantly are amazed at how often I am away from home attending a conference or visiting a new country. I probably speak at two dozen economic and financial seminars each year. I’m almost constantly on the road.

I’ve been to 72 countries already. Next week, I will go to Warsaw, Poland, to deliver two addresses on economics and finance.

Why?

I firmly believe I’m a better economist and financial advisor as a result of my many travels and opportunities to find out first hand what’s going on and what is on the minds of investors and subscribers to my newsletter, Forecasts & Strategies (now in its 33rd year).

I learned the value of traveling from Sir John Templeton, the founder of the first foreign-based mutual funds. Templeton said he became a better investor and money manager by living in the Bahamas. I also lived in the Bahamas for two years, as well as London, England. It gave me a broader perspective.

Every year now, I put on my own international conference called FreedomFest, and it changes people’s lives. Thousands have changed their way of acting and thinking — one couple altered their estate and set up a “job-creating” foundation as a result of a session… a consultant landed a major contract with someone he met at our conference (he’s done it two years in a row now)… Investors bought a stock that doubled in a year… a man created a successful blog after following the advice of a speaker… a father brought his son, who converted to free-market economics at the end of the show. The son said, “Dad, promise me we’ll come back next year.” A group of five students from South Africa (who called themselves the “Vegas Five”) went home and created a whole new libertarian movement that has taken their country by storm… and one speaker made the cover of Forbes magazine because Steve Forbes heard him speak at a luncheon. Anything is possible. We’ve even had a couple go on their honeymoon at FreedomFest.

Exclusive  PowerTrend Brief: Feeling the Impact of Rising Gas Prices at the Pump and in the Pocket

Last week, Jeffrey Tucker, former vice president of the Mises Institute and new president of Laissez Faire Books, wrote that attending FreedomFest changed his life. He wrote: “The first time I attended was two years ago, and the whole experience blew my mind. I might even go further and say that it changed my outlook on life and the prospects for liberty in our time.”

Won’t you join us? Go to www.freedomfest.com or call Tami Holland at 1.866.266.5101.

Don Luskin will be addressing the “fiscal cliff” at the World Economic Summit, to be held the first day of FreedomFest, on Thursday, July 12, at the Bally’s Events Center. He will join our “All Star Prediction” panelists Bert Dohmen, Rick Rule and Ty Andros. Come join us by calling Tami Holland, 1-866/266-5101, or go to www.freedomfest.com. We are offering a free American eagle silver dollar (valued at $35 each) if you register this week.

Sharply higher taxes on investments raise the specter of another sell-off on Wall Street. How should you protect yourself? One way is to subscribe to my Forecasts & Strategies investment newsletter. I recently made a new recommendation that should do well, even with the market’s uncertainty.

You Blew It! Speculators Are to Blame for High Gas Prices?

In an April 17 White House speech, President Obama said, “We can’t afford a situation where speculators artificially manipulate the market by buying up oil, creating the perception of a shortage and driving prices higher, only to flip the oil for a quick profit.”

Blaming high gasoline prices on speculators is common in the press, among politicians and even with the general public.

Exclusive  Making Money Alert: A Bull in Sin City

But is it true? Recently, the Commodities Futures Trading Commission (CTFC) did a study on whether speculators caused oil prices to rise inordinately. The study included experts from the Agriculture, Energy and Treasury Departments, the Federal Reserve, the Federal Trade Commission and the Securities and Exchange Commission (SEC).

The findings showed that oil price increases were due to fundamental supply and demand factors, not speculators.

In fact, speculators provide a useful service — they increase liquidity, reduce bid-asked spreads, and help hedges protect themselves from volatile prices. A study once showed that futures markets actually reduce volatility in the market place.

Speculation is far from a zero-sum game. Yes, there are winners and losers when speculators bet on the direction of the markets, but they offer the chance for consumers to hedge against higher prices and for producers to hedge against lower prices. It can be a “win-win” situation.

Be sure to read my feature “You Blew It!” I’ll plan to have a new one for you every week. The purpose is to point out a bad decision, a foolish action or an ill-fated statement by a public official, business leader or investment guru. I have used the phrase within my family for years and they once printed t-shirts for a reunion with those exact words on each one. They learned to take my constructive criticism with a sense of humor and I hope you do, too. My intent is not to ridicule anyone but to point out a mistake that could be corrected, much as advice from a trainer or a coach can turn a faltering athlete into a world champion.

Exclusive  Oil, Metals Slide on Budget Standoff as Stocks Fluctuate

Yours for peace, prosperity, and liberty, AEIOU,

Mark Skousen, Ph.D.
Wikipedia
Newsletter and trading services
Personal website

 

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

High-yielding U.S. mortgage Real Estate Investment Trusts (REITs) have been among the market's top performers in 2012.
 
You already have exposure to this sector through Two Harbors Investment Corp. (TWO) -- which not only boasts a 15.5% dividend yield, but also has held up remarkably well during the recent  market correction.
 
This week's Dividend Pro recommendation ups your bet on the U.S. REIT sect

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

LEARN MORE HERE