December 24, 2008 
Hello my dear readers and visitors. I’d like to take a moment to wish you all a:
Cheers,
Alan
http://alansmoneyblog.com
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December 23, 2008 
Attention ClickBank affiliates! I’ve got news for you. ClickBank has added 3 more countries to their direct deposit payments supported list. Here is the official news release:
2008-12-16
ClickBank is pleased to extend direct deposit (XACH) payments to new countries for eligible clients:
- Hong Kong
- India
- Singapore
Direct deposit is such a wonderful thing! I absolutely love it as I no longer have to walk/drive to my bank to deposit commission checks. Call me lazy if you will, but I just love the convenience this service provides - it also saves trees too!
Anyways folks, I’ve alwasy recommended ClickBank as an excellent affiliate system which can stand to make you a LOT of money if you’re diligent at it and are successful in your marketing efforts. Give ClickBank a try and grab a piece of the action too.
Best of luck to you all,
Alan
http://alansmoneyblog.com
Originally posted here.
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December 23, 2008 
Billions of dollars were recently lost in the collapse of Bernie Madoff’s self-described Ponzi scheme, in which too-good-to-be-true returns on investments were not really returns at all, but the funds of defrauded new investors. The pyramid scheme collapsed dramatically when too many clients called in their accounts, and not enough new victims could be found to support these withdrawals. Bernie Madoff was running a blatant fraud operation. Fraud is already illegal, and he will be facing criminal consequences, which is as it should be, and should act as an appropriate deterrent to potential future criminals. But it seems every time someone breaks the law, politicians and pundits decide we need more laws, even though lack of laws was not the problem.
The government itself runs a fraud much bigger than Madoff’s. Our Social Security system is the very definition of a Ponzi, or pyramid scheme. If the government truly had an interest in protecting people’s savings, they would allow people to opt out of Social Security altogether. We would cut wasteful spending, such as our overseas empire, to honor current obligations to seniors, and eventually phase the program out. Instead, as with Enron and Sarbanes Oxley, I expect new, unrelated legislation to be proposed that further damages freedom in the name of protecting us, amidst loud proclamations that they have made the world safe.
Merely passing a law does not fix any problems, just as throwing paper at a recession does not stop it. How can a government so complicit in mandatory public fraud effectively pre-empt private fraud? I see no reason to believe that any new law, or regulatory agency will solve anything. But I do see liberty slipping away every time Congress decides to “do something”. We already have an oversight agency, the SEC, which did a poor job overseeing and preventing this, but does a great job hamstringing honest, productive businesses and driving them overseas.
Total trust in government solutions only creates moral hazard, and amplifies risky behavior. Trust in government got us here. We trusted government to eliminate risk, but it just made risk more creative and dangerous. We trusted the Federal Reserve, a supra-governmental cabal of private banks, to know better than the free market what interest rates should be, and how to stabilize the business cycle, but like a spinning top that loses its balance, it has instead spun the business cycle and the economy wildly out of control.
No governmental activity can negate market forces or nullify the cardinal rule of caveat emptor. Government can however, use our fears against us and promise unrealistic outcomes as a means to consolidate power and erode our liberties. Liberty comes with risk. This is a fact of life. But life without liberty is not much of a life at all.
The only way the American people will get through these difficult times is through our own resilience and ingenuity. At best, the government is irrelevant in finding prosperity again. At worst, government can present a massive obstacle for the economy to overcome. If we do not wise up and rein government back in to its Constitutional limitations, bloated government could be a cumbersome unnecessary weight the economy will continually have to support to stay afloat
Brought to you by Alan’s Money Blog:
http://alansmoneyblog.com
Originally posted here.
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December 19, 2008 
Editor’s Note: This article has been excerpted from a free issue of Robert Prechter’s monthly market letter, The Elliott Wave Theorist.
The full 10-page market letter, Be One of the Few The Government Hasn’t Fooled, can be downloaded free from Elliott Wave International.
By Robert Prechter, CMT
“Who Will Benefit From The Housing Act?”
This question is an actual headline from a national daily paper. The real answer is: mortgage lending corporations, developers, real estate agents, speculators and politicians. The government is also pledging tax money to providers of “financial counseling” and grants for speculators who want to “buy and renovate foreclosed housing”; in other words, it will hand tax money to charlatans and unfunded wheeler-dealers. But a far better headline would have been, “Whom Will the Housing Act Hurt?” The answer to that question is: (1) prudent people, i.e. savers, earners, renters and people who have waited to buy a house at a reasonable price; and (2) innocent people, i.e. taxpayers.
Government action (unless it is aimed at destruction) always causes the opposite of its stated effect. If taxpayers ultimately have to shoulder the burden for all the bad mortgage debt, those who are on the edge of being able to make their mortgage payments will be forced over the edge, causing more missed mortgage payments and more foreclosures.
There is never any need for a law granting privilege except when the goal is to reward the undeserving and to punish the innocent. If the goal were otherwise, there would be no need for a statutory law, because the natural laws of economics, when unencumbered, serve to reward the deserving and punish the imprudent and the guilty. Populists loudly challenge this idea, but they are wrong.
I thought the Fed was created to “help manage the economy.”
After a secret meeting on Jekyll Island (GA), Congress and a handful of bankers created the Federal Reserve System for two purposes. The first one was to allow the government to counterfeit money, thereby letting it steal value from savers through inflation. The second was to allow bankers to make profits through debt creation, also at the expense of savers. Any other claim is a smokescreen.
So shouldn’t we blame the Fed for the country’s financial problems?
That’s like blaming the collapse of your house on the biggest termite. The Fed is only one of the monsters that Congress has created. In the financial realm, others include Fannie Mae, Freddie Mac, Ginnie Mae, Sallie Mae, the FDIC, the FHA, the FHLBs and the income tax. But there are also a hundred other havoc-wreaking agencies of the federal government. Congress is to blame for ruining America. The Fed is only one of the mechanisms it created along the way. It’s a big one, and it’s fine to campaign against it, but to blame it for everything is to give its creator a free pass.
This is an important distinction, because many people seem to think that abolishing the Fed will cure America’s money woes. They seem to think that once the Fed is abolished, Congress will behave responsibly. One website even calls for abolishing the Fed in favor of giving money-printing power directly to the federal government! Abolishing the Fed is a worthy goal, but Congress will work tirelessly to create one disastrous institution after another, because that’s what campaign donors pay for.
Originally posted here.
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December 18, 2008 
How did a dead mathematician pinpoint the downturn in the market?
In my new video, I will show you how a mathematician who has been dead for
several hundred years, pinpointed the recent downturn in the market (12/1/08).
I think that you’ll find this short video informative, educational and above
all practical.
http://www.ino.com/info/265/CD3336/&dp=0&l=0&campaignid=3
With the 2008 trading year rapidly coming to an end, we think it’s diligent
to look forward at what and how you’re going to approach the markets in
2009.
As I’ve said before in our blog, there is going to be some fabulous
opportunities to make money in the New Year. However, it’s going to take
discipline and a structured approach to take advantage of those
opportunities.
Enjoy the video, and let us know if you found it helpful.
http://www.ino.com/info/265/CD3336/&dp=0&l=0&campaignid=3
Adam Hewison
President, INO.com
Co-creator MarketClub
Originally posted here.
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December 17, 2008 
A few posts back (this one to be precise) I told you about the new Forex Income Engine
forex trading course created by the popular forex educator Bill Poulos of Profits Run Inc.
Well, if you’ve checked the website lately, then you know
that only 15 copies of the course remain and the enrollment
page will be expiring on TUESDAY (TODAY), December 16th, at 11:59pm
eastern time.
See the latest inventory count here:
http://www.forexonyourterms.com/y/?i=773362&u=2&l=f18
WHY IT MAKES COMPLETE SENSE
If you’re still struggling with the Forex markets, or are just
sick and tired of all the confusing, conflicting, and needlessly
complex information out there about Forex…
…then I really encourage you to take 30+ year market veteran
Bill Poulos’s Forex Income Engine for a test drive.
Why? Well, I was thinking about what specifically it is that I
like the best about this course and what sets it above most of
the other methods and courses I’ve seen. Here’s what I came up
with:
** COMPLETE — This is one of the most complete Forex trading
courses I’ve ever seen. Period. There’s material to get
beginners going quickly, and it’s structured in such a way that
more experienced traders can jump right into the “meat” of the
methods.
Further, it’s a multimedia powerhouse — from the screen capture
CD-ROM videos to the full color reference manual to the detailed
“trading blueprints”. It’s designed to make sure you really
understand all the concepts quickly and effectively.
** CLEAR — Bill’s teaching style is among the best I’ve ever
seen. He speaks in a clear, nurturing way that steps you through
all the material. It’s very apparent why so many traders keep
coming back to Bill’s courses.
** CONSTANT — I think of this as the “surprise” of the course.
Bill constantly follows-up with his students after they get his
course. He mentions this on his open letter, but I really
believe this is the true value of his course. His students
receive regular new bonus video lessons, and Bill is fanatical
about offering concise, thoughtful answers to his students’
questions.
So that’s what stands out for me about the Forex Income Engine.
And frankly, I’ll even go out on a limb and say that if you
can’t succeed in the Forex markets with Bill’s course, then you
probably never will. That’s how powerful his method is.
FAIR WARNING
I cannot promise that copies of the Forex Income Engine will be
available when you visit the web page - it may already be
completely sold out.
If that’s the case, please put your name on the waiting list.
Bill may release more copies in the future, after the initial
“spurt” of student support inquiries slows down, but I can’t say
when that may be.
If any copies are left, you can claim one here:
http://www.forexonyourterms.com/y/?i=773362&u=2&l=f18
Good Trading!
p.s. I just checked Bill’s real-time inventory counter before
sending this email to you and it now reads 15 copies available.
Time is running out. You can check it here:
http://www.forexonyourterms.com/y/?i=773362&u=2&l=f18
Originally posted here.
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December 17, 2008 
The freedom to fail is an essential part of freedom. Government- provided financial security necessitates relinquishing the very essence of freedom. Last week, the big 3 American automakers came back to Capitol Hill with their hands out to the government. Congress spent this past week debating how much money to give them and what strings should be attached. Though the bailout plan for the auto industry has suffered what I would call a temporary setback in the Senate, other avenues for public funding are being explored through the Federal Reserve and the Treasury Department. I am afraid the American auto industry will soon learn that having billions rain down from Washington will not be the blessing one might expect.
The government, after it subsidizes an industry, tends to become a very demanding benefactor. Politicians may not have any real idea about how to build a car, run a bank, educate a child, heal the sick or build a road, but they are quite adept at using carrots and sticks to manipulate and threaten those who do. Most of the federal control over education, roads, healthcare, and now banking and soon auto manufacturing, is done through money, mandates and conditions. The bailout proposal we were considering would force automobile manufacturers to submit their business plans for the approval of a new federal “car czar.” This bureaucrat would have the authority to approve the automakers’ restructuring plan, monitor implementation of the plan, and even stop certain transactions he determines are inconsistent with the companies’ long-term viability.
One could argue that if billions of taxpayer dollars are going to flow into a failing industry, then representatives of those taxpayers have “bought” a say in how that industry is run – which is precisely why bailouts are such a bad idea for both the industry and the taxpayers. The federal government has neither the competence nor the Constitutional authority to tell private companies, such as automakers, how to run their businesses. I would have thought that failed experiments with central planning and government control of business that caused so much harm in the last century would have taught my colleagues the folly of making businesses obey politicians and bureaucrats instead of heeding the wishes of consumers, employees, and stockholders. But the auto industry is in danger of learning for themselves one of the oldest lessons in politics: he who pays the fiddler calls the tune.
It is not the job of government to sustain business. The government should get out of the way, and instead examine excessive regulations, tax policy and red tape that have been hostile to manufacturing in this country. We should get back on a sustainable economic course in this country, or we are doomed to collapse, as the Soviets did, under the crushing burden of big government and a strangled economy that can no longer pay for it.
Ron Paul
Brought to you by Alan’s Money Blog
Originally posted here.
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December 15, 2008 
Dear visitor
(Be sure to read this short note because this email gives
you access to a brand new Forex method that ‘flip flops’ the
approach most people take…
…and shows you how select groups of traders can get in on
the huge volatility in the Forex markets RIGHT NOW that’s
being created by the problems in the other global markets)
Here’s what’s up…
In the past week, nearly 77,000 traders got exclusive access
to 30+ trader Bill Poulos’s complimentary 3-part “Flexible
Forex” training videos…
-these videos revealed his recent Forex discovery that shows
you how to manage risk first when placing a trade, and THEN
look for a profit as quickly as possible (and as many times
a day as possible) all according to YOUR schedule.
So if you have ANY interest in discovering how to finally
become an INDEPENDENT trader in the Forex markets, where you
always know what to do, no matter what happens… keep
reading and GET READY…
A TURNING POINT IN FOREX TRADING?
Bill released a few copies of his new trading method to a
few groups of “beta testers” last month, and from the early
feedback he’s been receiving, it looks like this may be a
turning point in Forex trading.
Why?
Because Bill does everything in his power to give you the
“keys to the kingdom” where you understand EXACTLY what to
do when you go to place a trade. There’s never any second
guessing or wondering.
CAUTION: This is NOT for “systems junkies”, or individuals
who like to let others make their trading decisions.
==> But it IS for traders who like to have FULL CONTROL of
their destiny in the markets.
IT’S ALL ABOUT YOU!
Bill designed this new method with YOU and YOUR schedule in
mind. It’s all about giving you the flexibility you need in
your busy day to trade in as little as 20 minutes… or even
all day long if that’s what you have time for…
-but he’s only planning on releasing 250 copies in the next
week that show you how to find trade setups quickly, protect
your position with a sort of “risk shield”, and then look
for profit as fast as possible so you can move on to the
next trade.
So if you want to…
* Triple your profit potential by simultaneously looking at
the short, intermediate, and longer-term trends and then
automatically using the dominant trend to virtually ensure
your edge and give you the best chance for a successful
trade…
* Get started quickly and place your first trade with as
little as a $500 trading account when you use “mini lots”…
* Trade in as little as 20 minutes, or all day long, by
customizing your daily trading plan with the timeframes of
your choice to fit your changing schedule. Also choose a
conservative or aggressive approach to profit-taking on
every trade consistent with your trading style and
personality…
* Enjoy frequent and fast trades from start to finish by
quickly identifying only the highest-probability, lowest-
risk trades…
* Practically “rub out” account-crippling losses by using
simple yet profoundly powerful risk management rules. It’s
like having a Forex “Risk Shield” so you’re protected at all
times…
* Become an independent trader and stop relying on so-called
gurus, black box systems, or other gimmicks. Be totally
confident when you know what to do every time, no matter
what happens in the markets…
…then check out the open letter Bill wrote for you that
describes all the details:
http://www.fxonyourterms.com/y/?i=773362&u=2&l=f14
I hope you’re as excited as I am about this.
Good Trading!
p.s. I’ve seen this developer’s trading courses disappear in
a matter of days in the past, and it’s a near certainty it
will happen again… so IF YOU VALUE YOUR TIME, I really
urge you to check out his letter here, and then ask yourself
how what he has to say stacks up against how YOU currently
trade:
http://www.fxonyourterms.com/y/?i=773362&u=2&l=f14
Originally posted here.
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December 14, 2008 What if the Government went back on a Gold Standard?
Do do that, they would need to use their gold to pay off all their debt.
That would give a price of gold if the U.S. Government backed the dollar with gold.
We only need to know two numbers, and do a simple problem of division.
First number: The national debt.
http://www.treasurydirect.gov/NP/BPDLogin?application=np
The government tells us this is:
$10,656,119,227,403
That’s 10.6 trillion dollars.
Second number: The U.S. Gold stock.
http://www.fms.treas.gov/gold/current.html
The government tells us this is:
261,498,899 ounces of gold
That’s 261 million ounces of gold.
So $10,656,119,227,403 divided by 261,498,899 = $40,750/oz. of gold.
In theory, if the U.S. government had the restraint to stop issuing any kind of new debt, and if there was a runaway hyperinflation, the government could credibly stop any sort of runaway gold price by offering gold at a price of $40,750/oz.
That’s the price that could cap the gold market if the U.S. government sold all their gold to all their bond holders. At that point, all new taxes would have to be levied in gold, not dollars.
It’s important to realize that any effort by the government to sell gold below that price will ultimately fail, and will eventually cause the gold price to go even higher than that price, as that would only deplete their limited stock of gold at inappropriate price levels.
The main point is that T-Bills, which are perceived as the safest haven around, are not safe. They are only backed up by gold at a rate of $40,750 per oz. With gold trading today at around $800/oz., the U.S. gold backs less than 2% of the value of the issued bonds, or stated another way, $800 is 2% of the price of $40,750. Gold, at today’s prices, is clearly a far superior safe haven.
And silver, which is in short supply, due to relentless industrial demand that has consumed nearly all world silver supplies, is even safer.
Clearly, the government cannot offer gold at $40,750 per oz. today. There would be no buyers. But, over time, the gold price may rise to such levels, and beyond, as a generation of people slowly wake up to the monetary fraud of the last 29 to 95 years, depending on whether you count from 1980 or 1913.
I am not an advocate of a return to a gold standard, where gold backs up paper money. I’m in favor of a return to using silver and gold coins and bars as money, as measured by weight, and traded at their intrinsic value according to the price in an open and free market place.
Sincerely,
Jason Hommel
www.seekbullion.com
www.silverstockreport.com
Brough to you by Alan’s Money Blog:
Originally posted here.
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December 10, 2008 
Hello fellow forex traders. I was chatting with one of the developers of the wildly popular FapTurbo expert advisor and found out that they are planning to increase the price of the product sometime today (Dec 10, 08) or tomorrow (Dec 11, 08)
The price is now at $149, but it will be increased to roughly around $399!
I’d recommend you grab a copy of FapTurbo ASAP! Why pay $399 when you can get it for less!
See the link below:
Once you’ve got your copy I also recommend you drop on by my “Forex Autopilot & FapTurbo Forum” There you’ll get FREE support and custom settings. Plus you can chat with other forex traders. We’re all friendly and helpful, so don’t worry, we won’t bite. Here is the link:
http://www.forexautopilotforum.com
Also stay tuned to this blog as I will soon be posting my performance results. Suffice it to say I’m riding that money both on live and demo accounts :)
Here is a sample for yesterday:
132705574 2008.12.09 00:13 sell 3.00 eurgbpm 0.8689 0.8850 0.8635 2008.12.09 00:31 0.8683 0.00 0.00 0.00 26.79
132707458 2008.12.09 00:29 sell 3.00 eurchfm 1.5587 1.5741 1.5529 2008.12.09 00:57 1.5581 0.00 0.00 0.00 14.92
132707838 2008.12.09 00:31 sell 3.00 gbpchfm 1.7954 1.8120 1.7905 2008.12.09 01:51 1.7944 0.00 0.00 0.00 24.82
132893593 2008.12.09 21:00 buy 2.97 gbpchfm 1.7769 1.7616 1.7815 2008.12.09 21:25 1.7779 0.00 0.00 0.00 24.63
132894109 2008.12.09 21:00 sell 2.92 eurgbpm 0.8764 0.8927 0.8715 2008.12.09 22:04 0.8759 0.00 0.00 -2.60 21.56
132894217 2008.12.09 21:00 buy 2.88 eurchfm 1.5571 1.5405 1.5613 2008.12.09 21:34 1.5576 0.00 0.00 0.00 11.95
132894826 2008.12.09 21:06 sell 2.85 usdcadm 1.2655 1.2810 1.2597 2008.12.09 21:37 1.2645 0.00 0.00 0.00 22.54
132896925 2008.12.09 21:37 buy 2.98 usdcadm 1.2642 1.2490 1.2682 2008.12.09 21:46 1.2653 0.00 0.00 0.00 25.91
132897294 2008.12.09 21:41 sell 2.94 eurchfm 1.5578 1.5747 1.5531 2008.12.10 01:07 1.5578 0.00 0.00 -5.29 0.00
132900893 2008.12.09 22:14 sell 2.98 eurgbpm 0.8765 0.8931 0.8719 2008.12.09 22:40 0.8758 0.00 0.00 0.00 30.80
132907723 2008.12.10 00:06 buy 2.98 usdcadm 1.2592 1.2425 1.2648 2008.12.10 01:28 1.2604 0.00 0.00 0.00 28.37
132909216 2008.12.10 00:15 sell 2.93 gbpchfm 1.7798 1.7949 1.7740 2008.12.10 00:55 1.7788 0.00 0.00 0.00 24.31
0.00 0.00 -13.83 1 082.69
Closed P/L: 1 068.86
Cheers, and I wish you all happy trading.
Alan
http://alansmoneyblog.com
Originally posted here.
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