Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
You Should Be Buying Gold Stocks Now - 6th Dec 19
The End of Apple Has Begun - 6th Dec 19
How Much Crude Oil Do You Unknowingly Eat? - 6th Dec 19
Labour vs Tory Manifesto Voter Bribes Impact on UK General Election Forecast - 6th Dec 19
Gold Price Forecast – Has the Recovery Finished? - 6th Dec 19
Precious Metals Ratio Charts - 6th Dec 19
Climate Emergency vs Labour Tree Felling Councils Reality - Sheffield General Election 2019 - 6th Dec 19
What Fake UK Unemployment Statistics Predict for General Election Result 2019 - 6th Dec 19
What UK CPI, RPI and REAL INFLATION Predict for General Election Result 2019 - 5th Dec 19
Supply Crunch Coming as Silver Miners Scale Back - 5th Dec 19
Gold Will Not Surpass Its 1980 Peak - 5th Dec 19
UK House Prices Most Accurate Predictor of UK General Elections - 2019 - 5th Dec 19
7 Year Cycles Can Be Powerful And Gold Just Started One - 5th Dec 19
Lib Dems Winning Election Leaflets War Against Labour - Sheffield Hallam 2019 - 5th Dec 19
Do you like to venture out? Test yourself and see what we propose for you - 5th Dec 19
Great Ways To Make Money Over Time - 5th Dec 19
Calculating Your Personal Cost If Stock, Bond and House Prices Return To Average - 4th Dec 19
Will Labour Government Plant More Tree's than Council's Like Sheffield Fell? - 4th Dec 19
What the UK Economy GDP Growth Rate Predicts for General Election 2019 - 4th Dec 19
Gold, Silver and Stock Market Big Picture: Seat Belts Tightened - 4th Dec 19
Online Presence: What You Need to Know About What Others Know About You - 4th Dec 19
New Company Tip: How To Turn Prospects into Customers with CRM Tech - 4th Dec 19
About To Relive The 2007 US Housing Market Real Estate Crash Again? - 3rd Dec 19
How Far Will Gold Reach Before the Upcoming Reversal? - 3rd Dec 19
Is The Current Stock Market Rally A True Valuation Rally or Euphoria? - 3rd Dec 19
Why Shale Oil Not Viable at $45WTI Anymore, OPEC Can Dictate Price Again - 3rd Dec 19
Lib Dem Election Dodgy Leaflets - Sheffield Hallam Battle General Election 2019 - 3rd Dec 19
Land Rover Discovery Sport Brake Pads Uneven Wear Dash Warning Message at 2mm Mark - 3rd Dec 19
The Rise and Evolution of Bitcoin - 3rd Dec 19
Virtual games and sport, which has one related to the other - 3rd Dec 19
The Narrative About Gold is Changing Again - 2nd Dec 19
Stock Market Liquidity & Volume Diminish – What Next? - 2nd Dec 19
A Complete Guide To Finding The Best CFD Broker - 2nd Dec 19
See You On The Dark Side Of The Moon - 2nd Dec 19
Will Lib Dems Win Sheffield Hallam From Labour? General Election 2019 - 2nd Dec 19
Stock Market Where Are We?  - 1st Dec 19
Will Labour's Insane Manifesto Spending Plans Bankrupt Britain? - 1st Dec 19
Labour vs Tory Manifesto Debt Fuelled Voter Bribes Impact on UK General Election - 30th Nov 19
Growing Inequality Unrest Threatens Mining Industry - 30th Nov 19
Conspiracy Theories Are Killing This Nation - 30th Nov 19
How to Clip a Budgies / Parakeets Wings, Cut / Trim Bird's Flight Feathers - 30th Nov 19
Hidden Failure of SIFI Banks - 29th Nov 19
Use the “Ferrari Pattern” to Predictably Make 431% with IPOs - 29th Nov 19
Tax-Loss Selling Drives Down Gold and Silver Junior Stock Prices - 29th Nov 19
We Are on the Brink of the Second Great Depression - 29th Nov 19
How to Spot REAL Amazon Black Friday Bargains and Avoid FAKE Sales - 29th Nov 19

Market Oracle FREE Newsletter

UK House prices predicting general election result

Financial Crash and TV Media Machines Perpetual Buy Recommendations

Stock-Markets / Financial Crash Oct 11, 2008 - 03:30 AM GMT

By: Mike_Stathis

Stock-Markets Diamond Rated - Best Financial Markets Analysis ArticleMaybe there's a good reason why CNBC has a show called Fast Money. If you follow the advice of these guys, your money is likely to evaporate very fast. Likewise, I'm beginning to see why Cramer's show is called Mad Money. You're likely to get mad if you follow his advice. Or maybe you have to be a mad man to watch it.


Is it just me, or do these guys look evil? “Watch TV, Get Rich?” In my opinion, that claim is in violation of SEC rules, not to mention that fact that it's a complete lie. In fact, the opposite is true… “Watch TV, Become Poor.” The only people getting rich when YOU watch TV are those behind CNBC, including the sponsors. Of course most of the shows on CNBC have the token “babe” there to offset some of the testosterone overload.

Do yourself a favor. Pick up the phone and call the SEC. Demand they remove this stock pumping network from the airwaves. If the SEC was doing its job, it would have shut CNBC down long ago and sent the stock manipulators to prison. Understand this. The SEC is partners with Wall Street just like the FDA is partners with big pharma. These government agencies aren't protecting you. http://www.reuters.com..

I actually ran into one of the guys on Fast Money, Pete Najarian at a Charles Schwab Active Trader forum back in March 2008. Since the Schwab event was only a mile away, I went to offer my insights to investors. Make no mistake. I don't watch CNBC. I don't even have cable since I have no time for trash. I only saw the show once when I was on a business trip, bored in my hotel room. That's the only reason I even knew who Pete was.

I handed Mr. Najarian a copy of my book, “ America 's Financial Apocalypse: How to Profit from the Next Great Depression.” I told him that we were seeing the very beginning of what will be the biggest crisis since the Great Depression. I asked him to take a look at the book and contact me if he or anyone else at CNBC would like to discuss the coming depression. He agreed. Of course, he was the speaker at the event and I'm sure he cleared a nice fee. He was a pleasant man and a good speaker, but he failed to address most of the questions the audience had about the economy.

You need to understand that anyone who makes a career being on television isn't going to know what's going on in the economy or stock market. You can't do both. You are either spending all of your time researching and analyzing the economy and stock market or you're in production rehearsing your show. In fact, even most “experts” on Wall Street have been clueless about the economy and stock market.

Why would Schwab have anyone else speak at this event other than a TV personality from their big marketing partner, CNBC? Because they want you to only have access to the “dog-and-pony” bull from CNBC. And they know that most people attach credibility to someone if they're a TV personality – a HUGE mistake.

The Schwab event was in early March 2008, the weekend before Bear Stearns was handed over to JP Morgan, compliments of taxpayers. As we all know, much has happened since then. Yet, despite contacting CNBC on numerous occasions before and since then, including Cramer's show, I have heard nothing.

In fact, I contacted Larry Kudlow's production crew in May 2007, as well as several times thereafter and heard nothing. Larry has my book, as do hundreds of other useless media clowns and shills. You need to ask these bozos why they ignored my attempts to warn the public as early as January 2007. Wait, I know why. By summer of 2007, Cramer was preaching Dow 15,000 and telling everyone to buy blindly, as was Kudlow and his clueless shills like Don Luskin – you know, the clown who still thinks the economy is fine. http://www.washingtonpost.com/...

Now I know how the media works, and it has nothing to do with broadcasting valuable insight and guidance. I've learned a very valuable lesson that will benefit me for the rest of my life. And now that I truly understand how America 's media machine works, I'm even more ahead of the curve. And when you find out what Schwab is up to you aren't going to be too happy if you're one of their customers because they too had a chance to warn their clients but passed it up. I'll get back to them in the future.

Notice on the Fast Money website http://www.cnbc.com/i.. how they throw in an endorsement from Oprah. She represents another danger to Americans.

CHECK OUT DYLAN ON OPRAH: Oprah Winfrey tells us she loves watching

Dylan on CNBC. But wait until you see the Commissioner on her show!”

In my opinion, if Oprah validates your investment show or any other show, that's a clear sign it's trash TV intended for sheep. The same goes for her book endorsements. That said, I'm willing to bet Jim Cramer has appeared on Oprah. Any takers?

Oprah has launched the careers of several mass marketers that claim to be investment experts like Robert Kiyosaki, David Bach and other self-proclaimed “experts” who really are no more than marketing machines without a conscious. But ever since they've received Oprah's “golden touch,” they've been welcomed with open arms by other networks. These men spend most of their time on various television networks trying to convince you they understand investments and real estate.

Has anyone ever bothered to check their track record? Do they have any previous professional investment experience? Did they work on Wall Street or did they work at a commercial real estate development firm? Have they ever been registered with the NASD to manage money? Do they really know what they're talking about? When it comes to sales pitches, they do. But put them up against any real investment expert and they'll run in fear of being exposed for who they really are. People, it's time to wake up. You need to stop empowering media hosts who do nothing but steer you down a blind alley. Oprah has proven over and over again that she is no different than the hacks on CNBC. Simply turn off the tube and let the ratings dictate their fate.

Hey Oprah, stop promoting cheese balls who sell desperate people empty dreams. Oprah, you need to start doing your due diligence before airing your guests because you've really proven to be very irresponsible. Instead, why don't you start promoting real experts who have the qualifications and those who truly care about helping people. In the end, it's the people who do and say as Oprah does and says who are to blame. In the end, you are the cause of your own destruction if you are gullible enough to buy into the trash television, and in many cases radio.

You see, it's all a club similar to boards of directors who serve on each others companies. You scratch my back I'll scratch yours. Oprah had you on her show? Oh well then FOX wants you on and so does ABC, NBC, CNBC and even PBS. And we want to have you on our radio shows too so people get flooded with the same trash no matter where they turn.

It's a game the media plays and they are taking you for one big ride, while laughing all the way to the bank. It's a form of censorship because they only give you what they want you to hear, and leave you with no alternative viewpoints. They control the distribution so they don't need valuable content. Valuable content rarely gets into the distribution chain.

I will be writing a book exposing the tricks and lies of America 's media machine and how they're hurting you in order to preserve their political and financial agendas. But you're going to have to be patient, as I have 3 other books I've been working on for a few years, all to be released in 2009. E-mail me if you want to be included on my book release list.

By Mike Stathis
mike@apexva.com

Copyright © 2008. All Rights Reserved. Mike Stathis.

Mike Stathis is the Managing Principal of Apex Venture Advisors , a business and investment intelligence firm serving the needs of venture firms, corporations and hedge funds on a variety of projects. Mike's work in the private markets includes valuation analysis, deal structuring, and business strategy. In the public markets he has assisted hedge funds with investment strategy, valuation analysis, market forecasting, risk management, and distressed securities analysis. Prior to Apex Advisors, Mike worked at UBS and Bear Stearns, focusing on asset management and merchant banking.

The accuracy of his predictions and insights detailed in the 2006 release of America's Financial Apocalypse and Cashing in on the Real Estate Bubble have positioned him as one of America's most insightful and creative financial minds. These books serve as proof that he remains well ahead of the curve, as he continues to position his clients with a unique competitive advantage. His first book, The Startup Company Bible for Entrepreneurs has become required reading for high-tech entrepreneurs, and is used in several business schools as a required text for completion of the MBA program.

Restrictions Against Reproduction: No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the copyright owner and the Publisher. These articles and commentaries cannot be reposted or used in any publications for which there is any revenue generated directly or indirectly. These articles cannot be used to enhance the viewer appeal of any website, including any ad revenue on the website, other than those sites for which specific written permission has been granted. Any such violations are unlawful and violators will be prosecuted in accordance with these laws.

Requests to the Publisher for permission or further information should be sent to info@apexva.com

Books Published
"America's Financial Apocalypse" (Condensed Version)  http://www.amazon.com/...

"Cashing in on the Real Estate Bubble"  http://www.amazon.com/...

"The Startup Company Bible for Entrepreneurs"   http://www.amazon.com...

Disclaimer: All investment commentaries and recommendations herein have been presented for educational purposes, are generic and not meant to serve as individual investment advice, and should not be taken as such. Readers should consult their registered financial representative to determine the suitability of all investment strategies discussed. Without a consideration of each investor's financial profile. The investment strategies herein do not apply to 401(k), IRA or any other tax-deferred retirement accounts due to the limitations of these investment vehicles.

Mike Stathis Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules