Hello everybody — I’d just like to bring to your attention a new widget on the website that allows you to see the results of our automated trading robot with the click of a button.
On the right of the pages you will see a little grey box with a graph on it.
Gain: Total gain since tracking began June 4, 2010
Drawdown: Difference between the account’s highest point and lowest point. Drawdown is important to know, because it tells us how big (or small) of a roller-coaster it takes to get the return. If trading produces 25% return with a 100% drawdown, that means that at one point the entire account was wiped out in the midst of trading. However, if we see a 10% return with a 1% drawdown, that means the account only ever went down 1% off the peak during the entire course of trading.
Daily: Average daily return (total divided by number of days tracked)
That’s incredible! (Buy Gold) That’s $1 Trillion more debt in 6 months! (Buy Gold) That’s $1T newly printed money since Nov 2009! (Buy Gold) That’s a 15% increase in 6 months! (Buy Gold) That’s 30% per year! (Buy Gold) Inflation should be going through the roof once this saturates into the economy!
(Buy Gold)
It is as if you were playing monopoly board game, and you were the banker… and you could just give yourself money whenever you wanted to…
Lately I’ve been seeing a lot of visitors to my site after googling the terms “League Assets REIT”, or “Adam Gant”, or “Emanuel Arruda”. I have a League REIT review posted on my blog, so I get a lot of these hits.
Perhaps these people have seen the ads for League’s investment products, in a newspaper or on Google ads, with returns ranging from 7% to 10% or higher, and they are wondering “Is this League thing for real? I mean…. 10% on my money, c’mon!! And what is with being private? Aren’t all REIT publicly held companies??”
I will set aside for now the fact that 10% is actually quite an achievable return, and this level of investment return can be achieved in many ways, as well as the private vs. public debate. I want to focus on the “doubt” that some people may have about the private REIT concept, which is really just a matter of being misinformed, sometimes to the point where some people wonder if this private REIT may even be a scam (which it is not — Not only are these guys amazingly intelligent well mannered, and just plain nice – they are in fact INSURED not to be scam artists.)
I’ll say that again. They have scam insurance.
Take a look at a recent press release from League and on the wires, and you will see they hired AON Reed to examine League and submit requests to insurance companies for coverage. No surprise, they were approved for coverage from Econ and Liberty insurance, two insurance companies.
So, hopefully at the same time you do a google search for anything like “is League for real?” you also follow up your skepticism with a healthy dose of getting to know who is behind this company, and opening your mind to higher and ethical returns.
In 2009, the US Dollar Debt hit a whopping $12 Trillion.
These days, it’s about $12.8 Trillion. Soon it will be $13 Trillion.
Lately, the US Government has been adding about $100 Billion per week to the debt. Can you imagine spending $100 Billion per week? Obama can. The graph looks like this:
US Debt April 2010
And it’s not going to stop there. How do I know? Because, in the U.S., Congress must approve the limit of how much debt the US can accumulate. Typically Congress only approves “small”, incremental increases every now and then to keep the debt in check. However, check out the latest limit increase:
Wow! That last increase is a little larger than usual, isn’t it? Now, do you think Congress approved such a large increase out of laziness to save themselves a few voting sessions, or did they approve such an increase because they plan on spending the money (printing more money). Gotta print it to spend it.
This is why the US Dollar is toast. Printing that much more money is like adding water to soup… it makes the quality of the soup worse and worse. Anything that is priced in US Dollars (like gold, oil, and other currencies such as the Canadian Dollar) should appreciate against the dollar into the future (assuming all else being equal). This has many propagating effects, which I’ll save for a future blog.
I just wanted to share that limit increase, as I couldn’t believe it myself.
Please note the time change for the Founder’s Tour meeting in Halifax on April 15 — the event will now start at 6 p.m. sharp!
Halifax
Thursday, April 15
Founders’ Tour
Co-founders Adam Gant and Emanuel Arruda are going across Canada to talk to Member-Partners and their guests. The two visionaries will look at current League investment opportunities, what lies ahead, and more about investing wisely in Canadian real estate.
To register, email Darlene@league.ca or call toll-free 1-877-772-8836 ext. 326.
Event Details:
Marriott Harbourfront
1919 Upper James St.
Halifax, Nova Scotia
Time: 6-8 p.m.
Refreshments will be served
League is presenting an exciting event in Nova Scotia on April 15, 2010, and you’re invited to be there! If you cannot be attendance, forward this to people you know in the Halifax area and invite them to come!
Halifax
Thursday, April 15
Founders’ Tour
Co-founders Adam Gant and Emanuel Arruda are going across Canada to talk to Member-Partners and their guests. The two visionaries will look at current League investment opportunities, what lies ahead, and more about investing wisely in Canadian real estate.
To register, email Darlene @ league.ca or call toll-free 1-877-772-8836 ext. 326.
Event Details:
Marriott Harbourfront
1919 Upper James St.
Halifax, Nova Scotia
Time: 5-7 p.m.
Two IRS spooks descended on Harv’s Metro Car Wash in midtown Sacramento to collect on a four-cent debt. “They were deadly serious, very aggressive, very condescending,” the owner of Harv’s said.
The debt was from 2006. Somehow with penalties and taxes it had risen to $202.35. For his part, the owner can’t figure out what’s going because he says he’s never owed any taxes or gotten any late-payment fees.
The IRS refused to comment, citing, “privacy and disclosure laws.”
Ah yes, the ol’ 4-cent car wash tax haven scam. Glad they’re finally shutting that one down.
Leverage is all about accelerating your results. Whether it is moving a rock or moving your income, the principle is the same. We help you find levers.
