Weiss Ratings Reviews

According to Edelson's AI model, oil should be around $30 and Euro is less than 1 dollar now. None of them is true.

I have read Edelson's comments or predictions just as a pure entertainment. Never invested my money by his words. He claimed to be one of the few who know the secret of successful investment, but his record shows he is not.

For the last 10 years, people who just bought and held famous tech stocks (Amazon, Facebook, Apple, Google etc..) did far better than people who invested by Weiss's newsletters. I don't know how Weiss will continue SCT or RW after Edelson's death.

Real wealth has an average record.Supercycle trader is an unmitigated disaster.

They promise tomorrow will be a better day.They are excellent at marketing but poor on results.

The newsletters are interesting but they are unable to translate this into winning transactions.

Finally they consistently get the big calls wrong.

Larry missed the big hike in gold at the beginning of 2016 and then Loaded up just before Trump won

And the price of gold tanked.

Avoid.....

Weiss says today:

"Larry Edelson, a great man and dear friend of many years, has just passed away. All of us, including his wonderful family, my wife and I, plus his many devoted colleagues at Weiss Research, are in shock and in mourning."

WARNING: After reading the news letter a few times I decided it was not for me so I called for a refund of my subscription. It's now been three months and numerous calls to them just to get the run around every time. I still have never received my refund.

If they can't do a simple refund as promised then I would certainly not trust any advise given by them!

After watching Larry's "Stock Market Tsunami," I realized that I heard him once before

about 10 years back and saw him selling fearmongering so I walked away. You'll hear it

too if you do some verbal filtering. Then you can clearly hear Larrys

personal revision of an old wives tale known as "Chicken Little's Falling Sky!"

Be smart and walk on.

As a young man I made some money in the market and built up a portfolio.

All on my own.

In 1971 I started following Weiss.

And in recent years Larry.

Long story short -As of options expiration date January 20th 2017 and at 86 years old, I am broke !!

Condemned 2 living the rest of my life on Social Security.

Just 'joe'

Over the years I have subscribed to Safe Money, Real Wealth Report and Global Resources Hunter and all lost money. I see that Mike Larson has finally been removed from Safe Money after years of disaster.

At least once they did not continually bombard you with spam but now 90% of their emails are spam and the rest are mainly bad advice. I lost a lot when I sold some of the gold shares I held for years because of Larry's prediction of a collapse.

I have subscribed to a lot on non Weiss newsletters also and only one was any good, Forbes Special Situation Report. Although it has a few duds, it always comes out on top on the whole.

The way to sell something to someone is to SCARE them! The people at Weiss Safe Money Report know this very well. They have been beating the fear drum for ages. In 2011 when I was a subscriber, they were calling for "global recession" and "severe strains in the US economy" and predicting DOW 7,000. Fast forward to present and we are now at nearly 20,000.

The experts will tell you never to time the market. Stay diversified with index funds then calendar rebalance as needed. Don't pay anyone, whether an advisor or an author of a book or newsletter, to attempt to time the market. Remember the ole saying "economists have predicted 10 of the last 3 recessions".

I have been a member of the Real Weath Report for 6 months now. Larry’s presentations are pretty OK and his macro economy analyses on war cycles and stuff are interesting as well. His predictions are somtimes pretty accutare as well like; the ones on Brexit, Trump and sometime the turning points in goldprice in October.

Unfortunately above is not enough to predict markets in such a way you can earn money from it, as markets react different than Larry predicts; as markets rallied after Trump election and gold has gone down after the early October tempory increase and the Dow and S&P rallied more than 10% while Larry advised not to invest in this.

Above mis predictions on the markets made Larries portfolio yielding disappointing and many members raising critical questions. Larry defend himself by e.g. saying that the rise of the S&P is only caused by a minority of the stock; like you care if you have a S&P tracker !

So the bottom line is; nice reading and interesting high level macro economic stuff on cycles but;

DO NOT FOLLOW THE INVESTMENT ADVICES !!! AS YOU WILL LOSE MONEY GUARANTEED AS IT IS NOT INVESTING IT IS GAMBLING.

First of all -- 'Dietrichius' is not my real name.

I am well aware that Weiss has a dubious track history, but I've been a charter subscriber to "Gold Mining Millionaire" and have to say it's got a pretty decent track record so far.

Larry Edelson issued three limit buy orders shortly after its inception for KLDX, BTG, and MDRPF. I followed the limit order recommendations and added to them a little bit when they dipped a bit and I'm currently up on all three. KLDX has been a very good performer.

He then issued another "hedge" recommendation on JDST which ended up being a loser for me. I hit my usual 25% stop loss and bailed out.

He then issued another JDST recommendation. I actually added a bit to this after the initial recommendation when it dipped a bit. I closed this trade for about a 50% gain.

His latest recommendation has been TGD. I'm up (barely) just a little on this one.

My goal here is not to "spill the beans" on this expensive newsletter service but simply to provide an honest portrayal of what's been recommended so far and my own experiences with it. I do my own (mild) TA work and am a reasonably disciplined investor and you need to do at least a bit of disciplined work as well even when following these trading services. Overall, I have already made more than enough money to pay for my lifetime membership and I'm happy about this.

My general feeling is that if gold does resume its bull market, you're pretty much going to be able to just buy a decent tranche of junior miners, sit on them, and you'll do pretty well with all of them. That's my main goal with this service.

Again, I'm far from a Weiss Research "fanboy". I think they often cater to doom-peddling "pessimism porn" and I'm well aware of their track record. But, even the best traders get it right MAYBE 60% of the time. Overall Edelson has been doing a good job here and I can't complain. Just don't go in with wildly unrealistic expectations, expect to take a hit almost as often as you have a winner, don't overtrade, etc. and my guess is with the benefit of 3-5 years' hindsight you'll do quite well with this (unless gold actually ends up dipping back to $600 or so.)

Edelson is again promoting his "Super Cycle" at a "big discount".

He is repeating his useless predictions like Europe and Japan will crush and burn.....

Someday it may come true but he has to predict things in a certain time frame or people will just lose money by the option premiums.

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Normally, two years of my Supercycle Trader is $5,000. But because we’re friends, you can take advantage of the lowest rates available:

Until this Early Bird Enrollment Period ends on Friday, October 28, your two-year membership is only $2,097. You SAVE $2,903.

And I will pay for you to receive three additional years — a $7,500 value — FREE.

You save a total of $10,403 just for joining now!

Please read below. If you agree with him, be free to become his subscriber. I was a subscriber for Gold Mining Millionaire for about one week but was quickly unconvinced by his hype and forecasting and shady practice of taking your subscription money and not giving you any of his "money making junior miner stocks/symbols" because he expected the gold price to go down and he wanted us to get the stocks at a lower price. I was fortunate to get my money ( $2500.00 ) back, when I complained. Subscribers got their first 3 stocks 3 weeks after paying. He treats you like sheep and he is the Guru. Below is the biggest tripe I have come across, IMO.

Don’t waste your time …

Posted on September 20, 2016 by Larry Edelson

I learned long ago — in the first of my now 38 years in the markets — that the Federal Reserve controls absolutely nothing.

It doesn’t control the amount of credit in the economy. It doesn’t control the supply of money. And most importantly, it does not and never has and never will control interest rates.

The people, the free markets, control ALL of the above and more. All the Fed can do or hope for is to follow the free markets and hope some participants believe in the power of the Fed.

The same applies to every central bank on the planet. The only key exceptions, and even there it’s doubtful how much control they have, are the central banks of communist countries, like China.

You may not believe me and even passionately disagree with me. But I have studied practically every central bank interest-rate decision ever made in this country and every single one of them came after rates had already moved higher or lower in the free markets.

Put another way, the Fed follows the markets. The markets do not — and never have — followed the Fed. Only fools follow the Fed.

And most importantly, the Fed has never changed the major trend of any market. It cannot turn a bear market into a bull market, and vice versa. Only the people can do that. Only the free market forces, which you’ve come to know through my work, have their own unique cycles and waves.

Can a central bank temporarily interrupt a trend, or cause wild market swings? Sure. Happens a lot. But a central bank cannot and never has changed the major underlying trend.

Forgive me for rambling a bit, but since the entire world now seems focused on today and tomorrow’s Fed meeting and every word and breath that will be spoken about it at its press conference at 2 p.m. EST tomorrow …

I thought I’d just spout my experience with central banks and help you focus on the major trends right now …

Which per my AI models, remains down into early October.

Indeed, both gold and silver are on the edge of a cliff. If there’s another bounce due to Fed jawboning, that’s all it will be, a bounce. If the AI models are correct — and I believe they are — gold, silver and a whole bunch of other markets will slide into October, either from current levels or slightly higher …

Handing you an incredible series of opportunities to scoop up junior miners on the cheap.

Hold all positions and stay tuned …

Best wishes,

Larry

Edelson wrote last month that EU will soon get apart and many countries will get their own currencies back. He mentioned France, Italy and "Norway".

What! Edelson thinks Norway uses EURO? Norway is a part of EU? No way! Even some elementary school kids know Norway is NOT an EU country.

This shows how little Edelson and Weiss people know about the real world. No wonder their recommendations fail to deliver any meaningful returns to their customers.

My predictions:

1) EU will not get apart soon. Euro will stay around current level. Sorry for the people who bought Euro put options recommended by Edelson.

2) Gold and Silver will not correct very much. If you want to buy, buy them now.

3) Japanese Yen and bonds will not collapse. Edelson is dead wrong. In fact Yen is the strongest currency among G7 nations this year.

4) Chinese economy will not prosper. Holding Chinese stocks is a loser's game.

They have no idea what they are doing. they are an advertising agency.

A disgrace to investors.

They rob people with paper and pen.