Thanks for sharing your results with the rest of the HSM community Bigcat. I encourage other HSM members that are subscribed to please post your testimonials on HSM at your earliest convenience
Now I am a poor sales man, that I admit, so I am not going to harp on how great my system is and how you are going to become an instant millionaire (in fact this will be my last post on this thread because some of the information I post from time to time on this thread is some of the same information I hand out to my subscribers, so as a service to my clients, I have decided that this is going to be the last post on this thread. If people are interested in the system I am confident that they will subscribe without me having to promote the site every now and then). Far from it, instead, what I can tell you that is that if you give my system a shot, I can guarantee that you will consistently grow your investments and in the process become a much savvier investor. Try my system for a month and you'll start to see the results tickle down.
Now, the commentary I am about to share with you I had reserved for this week's weekly newsletter but because I think it is such an important topic that all of you should be aware of, I've decided to post it on this thread. Keep in mind that this is just part of the commentary that I will offer in this week's weekly newsletter. In my daily and weekly newsletters I am much more thorough and offer other commentary on an array of subjects, all pertaining to the economy and market of course.So if you are interested in more unbiased commentary, excellent stock and option picks and reliable market predictions, visit smartstocks.org
70% Success Rate!
The system was geared to help you navigate the markets, it is not a system that I am going to make millions of, so give it a shot.
Originally Posted by Bigcat
I want to give a big THANK YOU to Bigbull for helping me have the second most profitable year in the stock market I've ever had. Hard to compete with the market profits from 1999(and I've only been on Bigbulls newsletter for 2.5 months) but got dang close with Bigbull's help.
Keep up the good work Bigbull. You have always been a help to people here at HSM. Hope you have a great 2011.
We now want shift the topic of conversation and talk about the big misconception that the public has regarding GDP. According to the BEA (Bureau of Economic Analysis) real GDP grew at an annual 2.6% rate in the third quarter of 2010. Now at first glance it might seem that the U.S economy is moving along just fine well, especially with inflation remaining stubbornly below at 1.0% (on the producer side). Having that said, when you start to dissect the GDP figure and start to analyze each component, you’d see a completely different story. When you look at transfer receipts (or payments), you’ll notice that personal income has not increased much and are in fact down 4.5% from the previous peak. Now before we delve into the intracices of this point, let us define the term transfer receipts. As defined by the BEA, personal current transfer receipts are benefits received by persons for which no current services are performed. They are payments by governments and businesses to individuals and nonprofit institutions serving individuals. That means that personal transfer payments are not included in the GDP figure but since the recipients of those funds spend that money (i.e. it is recycled back in the economy), we can make assumptions on how it affects GDP since GDP is defined as the total volume of dollars that the economy produces in nay given year. With that being said, let’s move to the interesting part, the numbers. Personal income (which is directly tied to GDP) has surpassed pre-recession levels, implying that people have be spending more. Now, when we factor minus transfer payments, personal income is 4.5% below the previous peak (i.e. below prerecession levels). Transfer payments appear to be about $250 billion greater (in annualized terms) than what they would have been if the pre-recession trajectory had been maintained. What does this mean? It means that GDP has increased over the last two years in part because of the transfer payments that has taken place between the government and the unemployed or other groups that do not perform a service to the economy (i.e. that do not add any monetary value to the economy), and not because of increased consumption. Now, let us be clear. People are spending more than they did before, certainly more than in 2008 at the apex of the financial crisis, but the increase in GDP has not been solely fueled by the increased consumption, it has been mainly fueled by the increase in transfer payments between the government and the unemployed. Without the transfer payments, GDP would have been about $250B less in 3Q/2010 and for most of 2010 and the second half of 2009. There was a small increase in 1Q/2010 to about $270B and a spike in transfer payments in 2Q/2009 to about $300B above the trend line. In 1Q/2009 the GDP got a boost of about $150B of "extra" transfer payments. All the above are annualized amounts - the accumulated "extra" personal transfer payment receipts for 2008 estimated through year-end 2010 is approximately $569B. This comes from $87B in 2008, $226Bin 2009 and $256B in 2010.........