economic outlook
(Page 3 of 6)
March/April 1980
By the Mother Earth News editors
We will now pause while I ask: Just how much money did you and your friends"helped" as you were by all those instantaneous radio and television and satellite and telephone news flashes from all those "experts" and "leaders" who were "looking out for your best interests"—actually make off the events of the last 10 years?
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I mean, with all that activity . . . with all that action ... how much did you really make? Hummm. That bad, huh?
Look. Did you even hold your own against inflation and the increased taxes that all those Washington politicians and bureaucrats created and dumped on you during the 70's? All right! All right! I'm sorry I asked.
Let me tell you again about C.V. Myers.
There's this 67-year-old guy, see, who grew up somewhere out on the plains of Saskatchewan. Somehow he got into publishing by founding a Canadian oil and gas journal back around 1940. Well, he sold that—in, I guess, the early 60's—and after a few years began to get bored, so he started a little eight-page newsletter called Myers' Finance & Energy.
It's an interesting newsletter. Damn interesting. Because during the past ten years—while the Richard Nixons and the Jimmy Carters and the U.S. Congressmen of the world were looting your pockets with one printing-press-financed idiotic scheme after another . . . while their hired "economists" were frantically spewing out apologist theory after apologist theory to "prove" that you weren't really being robbed after all . . . and while even most of the "alternative" financial advisors were dropping the ball (how could, say, Harry Browne and Howard Ruff possibly lose as much money for their clients as they've recently lost if they really believed in what they've said they believe in?)—wise old Vern Myers has called every single major turn on the single most lucrative and safest investment of the decade. And he's called those turns so accurately (despite his rather leisurely twice-a-month publishing schedule) that those who've listened to his advice now have twenty dollars for every one they started with ten years ago.
Not only that, but folks who began taking Vern's advice only three or four or five years ago have done almost as well.
Not only that, but C.V. Myers also predicted the last few months' "silver corner" (which has made one heck of a lot of other people f ilthy rich) a full decade ago.
Not only that, but Mr. Myers more or less casually recommended the purchase of coal company stocks not too long ago, then kind of forgot all about the recommendation . . . until a subscriber surprised him by noting that he (the subscriber) was already $50,000 ahead on that one analysis alone!
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