The Rude Awakening
Paris, France
Saturday, December 9, 2006 - Every dollar has a gold lining - how to avoid the fate of a floundering greenback,
- Taking the "locals know best" approach to your
investing, - Eating your way around Paris one egg at a time, Wall Street's
dirty little secrets exposed and much more…
***Rude Investment of the Week*** One of the first things you learn when dining out in foreign countries is to look for the restaurants that are packed…packed with locals, that is. These locals know where to get the best food at the best prices. They have eaten at places with poor service and sub-par food…and they choose to avoid these places in the future. When investing it is often helpful to adopt a "locals know best" approach. Consider a company whose CEO bets 22% (22%!) of his salary that his company's stock will rise 74% over the next 11 months. Then consider that his CFO agrees and wages 31% of her salary. Nobody knows a company like its "locals" and for this reason, it is often helpful to know where they are placing their bets. For the inside track on this company you'll want to get to know their locals right here: James Boric's Small-Cap Insider ------------------------- Moet and Mulled Wine
by Joel Bowman A Croque Madame is a toasted ham and cheese sandwich with a fried egg on top. They are cheap. They are nutritious. They are served at any one of a thousand or so corner side bistros and cafes all around Paris. We have been working our way through them one egg at a time. As you may have read this week, the only thing falling faster than the value of the flailing American dollar is the amount of them in your junior editor's bank account. It is for this reason that we have chosen a more "romantic" perspective from which to experience the City of Lights. Rather than couture shopping on the Champs Elysees we opted for an evening meandering through the winding streets of the Latin Quarter. Instead of purchasing rare original art from one of the city's many boutiques, we chose a Renoir postcard to send home. In lieu of shacking up, rockstar style, in Le Hotel Meurice on the pricey rue de Rivoli, we went for the more modest comforts of the Hotel Muncey in the in the "artsy" Montmarte. Instead of skimming the ballroom floor of a fanciful French soiree, we chose to skim stones along St. Martin's canal. Yes, Rude reader, this is a city where even the poodles are more stylishly (and expensively) attired than a walkabout editor. But there is plenty of time to enjoy the caviar and Moet moments of life later…For now it is mulled wine and croquet Madames. Because your dollars are more important than mine, and because you undoubtedly have more of them to protect, Eric and the rest of the Rude crew have banded together this week with some insightful commentary on the floundering dollar's slide. Read on below for all you need to ensure your greenback stash doesn't suffer the same fate as mine. You can settle for mulled wine, it's true, but don't you deserve Moet? --- Urgent Election News Update --- 3,000-5,000% gains are all but certain for savvy investors who act now and grab this tiny company I've found that will lead the way as barriers against stem cell-based medicine come crashing down. This stock may truly become "The Stock Heard 'Round The World"…and reap huge profits for you… Read on for details… ------------------------------------ And the Week's Rude Reading… What's a Dollar?
By Bill Bonner Investors, businessmen, bankers, and consumers all have to communicate. The consumer has to state his preferences. Investors have to give their judgments and guesses. Businessmen have to listen carefully and respond. The world of finance speaks in the language of dollars. An ounce of gold is worth so many dollars.
Ingot We Trust
By Eric Fry
Seven years ago, the U.S. dollar had become the world's "it" currency. Meanwhile, gold's global esteem had plummeted to a pitiable estate. You could still find the stuff lying around in grimy rare coin shops…and in a few basements in Montana. But Western central banks could not wait to unload the vestigial gold reserves that still cluttered their vaults. And sophisticated individual investors would never go near the stuff, except when donning their Rolex watches.
A Reasonable Speculation
By Chris Mayer
Anytime the price of anything drops two-thirds in a matter of months, it is worth checking out the story. Financial train wrecks like these can make interesting reading over boiled eggs and coffee - as long as your dollars weren't riding on the train. For investors, though, it's more than something to digest over breakfast. It's the sign of possible new investment ideas on sale.
A Healthy Glow
By Justice Litle
Cigar Lake, in Canada's Saskatchewan province, is home to one of the richest uranium ore bodies on the planet. At 232 million pounds of proven and probable reserves, the economic value of the find is nearly $14 billion at today's prices.
--- Fresh Of The Rude Press ---
Exposed! Wall Street, Washington, and Big Media's Dirty Little Secrets The secrets that THREATEN your income, your investments, your wealth…and your financial security - read for the first time the lies that could cost you everything. Secrets like how our "healthy" economy is secretly set to implode, while the Fed fiddles with your future wealth security. You can benefit NOW from FIVE potentially lucrative solutions and pump money back into your pocket. Click here to learn more. ---------------------------- Joel's Endnote: In an attempt to stretch our severely contracting balance sheet, you junior editor will journey to Thailand on Tuesday and trade his remaining Euros in for Thai Bahts. If you have any comments to make about this week's columns or suggestions about places to visit in Thailand, write to your protein-rich junior editor at aussiejoel@the-rude-awakening.com. We'll be back with the Monday Mailbag and more insights from Eric and the crew next week. Until then, enjoy your weekend and keep it Rude. Cheers, jOEL | 
