Stand with the women of Texas right now -- and join this fight today

Tuesday night was something special. All across the country, hundreds of thousands of people were loudly standing up with Wendy Davis, the Texas state senator who spoke for 11 hours to filibuster a dangerous bill that would have closed dozens of health clinics that provide services to women across the state. It was a rare -- and if the other side has their way, temporary -- victory in that fight. Texas Governor Rick Perry has already scheduled a special legislative session so they can bring it up again next week. Here's OFA's message for them: We're still standing with Wendy, and we're not backing down. If you're standing up for women in Texas and across the country, it's your turn to say it -- add your name today. This isn't just a symbolic show of support. This is about keeping the spotlight on what these legislators are trying to do in Texas, and starting to shine that light on some of the equally disturbing attacks on women that are making their way through state legislatures across the country. Because of one powerful woman's voice -- and the thousands of people who had her back -- it didn't go Governor Perry's way on Tuesday night. He called it a "breakdown of decorum and decency" -- and what he's describing was the women of Texas, who literally had to scream to be heard to defend their rights from being stripped away by extremists. OFA's fearless Texas State Coordinator Lauren Coffee has been on the ground with our organizers, working with our allies, and making damn sure that this fight isn't over. Governor Perry and these extreme Texas legislators might eventually force their bill through. But even they know that what happened on Tuesday was just the start. Across the country, hundreds of thousands of people tuned in to witness the ugly efforts to strip women's rights away. No matter where these extreme measures pop up, OFA is going to be there, fighting for women. Stand with the women of Texas right now -- and join this fight today: http://my.barackobama.com/Stand-Up-For-Women Thanks -- more soon, Lindsay Lindsay Siler National Director of Issue Campaigns Organizing for Action ---------------- A movement of millions elected President Obama. Let's keep fighting for change. Chip in $14 to support Organizing for Action today. Because you've saved your payment information, your donation will go through immediately: QUICK DONATE: $14 // $35 // $50 // $100 // $250 // Or donate another amount.

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Bet Against Big Pharma

Some will call this “magic”
Others will see “hope”
Still others “dollar signs”
What do you see?

Dear Curious Reader,

If you are like me, you look at this image and you’re almost hypnotized by it. What is it, you wonder? And what is it doing here, in an investment newsletter?

Please let me answer these questions with one long question!

Will you join me on a visit to a private laboratory to meet some scientists who believe they have done the impossible – they may have figured out how to cure every disease known to man (YES, EVERY DISEASE!) and then decide if you want to invest in their disease-ending discovery—for what could surely be the greatest financial gain of your lifetime?

If you are interested, then let’s begin with an introduction and an explanation.

My name is Addison Wiggin. I run a financial investigation service in Baltimore. And for weeks now, I’ve been all but hypnotized by that image above. So what is it?

Take a look at the underside of your arm. Now imagine that you’re looking through a microscope and you can see one of the cells on your arm. It would look something like this

It would just sit there and do what arms cells do.

Now imagine that very same cell being transformed into a beating heart cell! And imagine it being used to repair a damaged heart, or a blood vessel. This used to be the stuff of science fiction, right?

No longer.

It’s about to happen for real. And the very first patient for this “futuristic surgery” just happens to be our top investigator here at Technology Profits Confidential. He’s “patient zero.” He’s putting his own heart on the line.

You’re about to see how the aged and worn heart of a 60-year-old can be made vibrant and strong as a 29 year old again. Just as importantly…

You’re about to see how much money could be made by investing in this “magic”

You’ll also hear about a breakthrough in Alzheimer’s . . . and an announcement that could turn one tiny company with a funny name into the breakout story of 2013.

Make no mistake, the men and women we’ll meet today are one ambitious lot. They’re aiming to change our world in ways we can hardly imagine.

They want to completely replace some of
today’s most-popular medical technologies.

They plan to overthrow the status quo just as brutally as the Industrial Revolution once blew away family farms and creekside mills…

Yes, I’m suggesting that we are
once again on the edge of “revolution”

Because of the people we’ll meet today, our world is about to turn a very big corner. What we might discover around that corner is still largely unknown. Only one thing can be certain:

Today’s big economic headlines
and financial worry will be replaced
by an entirely new set of headlines.

Because of the people we’re about to meet.

We’ll see things today that are so futuristic, they’ll be dumbfounding to some — as if putting a fancy new smartphone into the hands of a Roman centurion.

But the guy holding that smartphone? And that Roman soldier? They’d both understand how much wealth has been ripped out of people’s hands in the last few years, and how quickly that wealth could all be gained back…

If you’ve followed our investigations in The Daily Reckoning over the years . . . you might be surprised by what we’re about to reveal. Frankly, we’re surprised ourselves. But also very pleased…

Because for many years, we wondered if this day would ever come.

We wondered when the next great revolution would finally burst out of the labs and change our lives in ways that have been long on promise, but short on delivery.

Now, it is within sight. And we want you to fully understand its potential for you—in your personal life, and in your financial life. Beginning right now. Because the clock is ticking—literally.

So our team here at Technology Profits Confidential has written a strategy paper that you can download right away. But before you do, take a look at this big chart:

This is a 200+ year view of investing, and it tells a big story. We can see in the first 3 gray bars how history’s big economic

revolutions unfolded:

The explosion of big farming in the 1840s. Industrial upheaval in the early 1900s. Computers taking over in the last 40 years…

Focusing on those gray bars, we see how that was the best time to be investing:

• An Agricultural Revolution upset the old world of hunting and gathering . . . made big winners of Union Pacific Railroad and the Bank of the United States . . . and delivered 332% net gains to smart investors
• An Industrial Revolution beat down the old craftsmen and hardened them into tradesmen, turning U.S. Steel and Standard Oil into the very icons of 20th-century hegemony . . . while delivering 423% net gains to smart investors
• A Digital Revolution unleashed a new wave of creative destruction, taking out the old corner store and elevating companies like Microsoft and Apple . . . this time delivering incredible 1,654% gains to smartest investors

Was it great to be an investor at the start of these revolutions? You bet it was! Are we there again? Let’s look closer at these last few years, and see…

Over the past decade, our economy has suffered huge upheavals. One after another. And the cause of these upheavals gets a whole lot clearer when we think about them as “stages” in a revolution…

The first stage, what we call the “Great Delusion,” was a period when just about everyone bought into the idea of a bigger and bigger pie. The old laws of economics no longer applied. Housing prices could rise and rise forever. Money could be made and made like candy. This delusional thinking went right to the top…

Washington came to think of itself as the source of all prosperity. To me, that’s like saying the tick is keeping the dog alive. It’s delusional.

So the markets had to impose some order on things. And they did, with an iron hand. The “Great Correction” wiped out seven trillion dollars of investor wealth in a single year.

With the economy in shambles, a bunch of bad actors then rushed into the economic vacuum and grabbed for whatever they could. It was the “Great Plunder.”

Some of these bad actors operate at the highest levels in politics and think of themselves as good Americans. Others operate in the financial centers and think of themselves as good capitalists. But they’re con artists, all of them.

They’ve gotten rich off the misery of others. They’ve taken an economy that was on its knees and kicked it to the ground. But as in all things, there is a natural cycle and now we are entering the fourth stage – which we call the “Great Reboot.”

This is when all systems have flatlined… When the economy is in shambles… When there is no longer anywhere to go, but up. This is when the system reboots, and fires back up again. When a new economy, a very different economy, rises up phoenix-like from the old.

We see this reboot as the beginning of the next revolution – the Synthetic Revolution.

And if this revolution is only as profitable as the three prior . . . IF IT’S ONLY AS GOOD AS AVERAGE . . . then we could see as much as a 800% leap forward in investment returns for smart investors.

That’s why we’re so excited . . . and inviting you to join us.

If this fourth revolution is as profitable as the three prior, smart investors could grow as much as 800% wealthier — that’s what I’m inviting you to join!

I’ve been watching this next great revolution unfold for some time now. It started kicking into high gear when computers got crazy fast. When those computers started turning raw data into something very valuable. This process, known as analytics, really cranked the gears. Every industry was affected. Computers began chewing up one industry after another, spitting out the old…

• In retail sales, it was Amazon and eBay chewing it up
• In banking, it was ATMs and online services changing everything
• In entertainment, it was downloads and Web streaming

The old mantra of “innovate or die” was replaced with “crunch data or die.”

Some of these companies used computers to study every footstep, hand motion and eye movement of a retail store’s shoppers for an entire year. Now they’re using that data to optimize the shopping experience and become more competitive, rewarding investors…

Other companies used computers to study every street, alley and back road traveled by EMT vehicles in order to shave response times, cover more territory and, again, reward investors…

Then there are the companies that interest us most — the companies that are analyzing all three billion base pairs in the human genome and…

Promising cures for every known illness
(because they are creating life itself)

These are the companies using analytics to figure out genetics and then create synthetic cures. In short, they are creating synthetic body parts. Soon ending the Alzheimer’s. Dissolving the tumors. Restoring memory to age 17 again…

This is no longer tomorrow’s story.

This revolution is now unfolding in laboratories tucked away in plain-looking business parks. For the most part, the media have been kept away. Most of this has been top secret, out of necessity.

We have a way in.

But before we can go into these “clean labs” and look under the microscopes…

And before we can talk seriously about the companies that’ll become the biggest names of our investing tomorrow…

I want you to feel comfortable with me as your “tour guide.” So a little history is in order:

I first got started with Bill Bonner back in early 1990s when — through the Daily Reckoning.com — we pretty much built the digital financial newsletter business. Back then, Wall Street’s commissioned salesmen ruled the financial roost. And they were experts at turning their clients’ money into their own…

So Bill and I decided to go head-to-head with Wall Street. We offered readers something entirely new: INDEPENDENT RECOMMENDATIONS. No products to move, no advertisers to please, no monkey business. We would stand or fall on the basis of our recommendations. Pure and simple (and, at the time, unique).

Wall Street went postal on us for busting up
their monopoly on “advice giving”

Back in the 1990s, we published our little black-and-white newsletter and told a handful of “pioneering” readers that the only way they could hope to protect themselves from the inflation that was ravaging the economy . . . was by buying gold.

As I said, Wall Street went postal on us for recommending something they couldn’t make a commission on. Of course, gold has climbed from $280 an ounce to $1,900 while Wall Street has been trying to discredit us.

And two decades and three best-selling books later, the value of INDEPENDENT RECOMMENDATIONS has been proven out again and again.

My favorite attack on us came in 2007. The financial media had been heaping abuse. Time magazine called me clueless, a member of “the Armageddon gang.” And how did the distinguished editors of Time arrive at this conclusion?

Because I was publicly calling the U.S. economy “a house of cards” and said “it’s about to collapse” and “here’s what you need to do.”

Recall that in 2007, the Dow had roared above 14,000 and nobody wanted the party to stop. But frankly, I wasn’t buying it.

I put my name on the line, and urged readers to first be careful in the real estate markets, and then to get out of the stock markets.

Not many listened, though. And I grew frustrated. So frustrated, in fact, that I went out and made a documentary movie to try to shake some sense into people.

Our movie, I.O.U.S.A., was so well received and so persuasive that it was shortlisted for an Oscar. But all of our warnings fell on deaf ears.

And just a few months later, the housing market crashed and stocks followed — wiping out $7 trillion in investor wealth. We had seen it coming, but to little avail.

Since so many other analysts had also “claimed” to have called the crash, CNBC’s Brian Sullivan did a story to see who actually got it right

Newsletter watchdog Mark Hulbert also investigated, and concluded:

“These guys have been warning about debt crises for years… they've certainly earned their bona fides.”

In all, there were six crucial calls that investment analysts should have made over the last 12 years. I am proud to say that I’m on record as having called all six, spot on. But that didn’t make me a happy man. I had tried to warn millions of people, using the tools of mass media. And I had failed…

So I decided to form an elite group on a limited distribution basis. The idea was to give just a small group of “clear headed” readers the high-level intelligence that’s so crucial to success in investing.And today I am issuing my seventh big-picture call about the investment markets:

We’re now entering the “Fourth Great Revolution” and early investors could be rewarded with as much as 800%+ gains.

So let’s get right to it. Let’s go visit a place I call “the valley of the exponential.”

This is a place where the entrepreneurs don’t think from Point A to Point B. They think from Point 1 to Point 1. It’s this kind of exponential thinking that distinguishes a “going nowhere” investment from a “I can’t stop bragging to the boys at the club” performance…

ADDISON WIGGIN’S BIG-PICTURE CALLS

1. Bursting of tech bubble
2. Meltdown of housing market
3. Collapse of Fannie Mae
4. Fall of Lehman Brothers
5. Demise of the dollar
6. Rise of precious metals
7. TO BE MADE TODAY

You can’t overestimate the power of the exponential. Let’s have some fun seeing why. Let’s pick an impossible task, say, draining the entire ocean with a 10-gallon bucket.

Impossible, right?

Well, let’s stipulate that (1) you’re strong, (2) you can bail fast all day long and (3) you double your output every day—that is, you work exponentially. How long will it take you to drain the ocean?

Just fifty days!

Oh, you won’t notice much difference in ocean depth until day 45, but then the exponential magic kicks in!

That’s the kind of magic we’ll be seeing in the fourth great revolution, and nowhere more than in the valley of the exponential – San Diego…

There are some 550 companies in San Diego working with synthetic biology. We’ve nicknamed them “SynBio” firms. They’ve already brought to market 25 products and have another 300 in the pipeline…

And the leader of this SynBio future is a man named Craig Venter. He’s the guy who told the government to go fly a kite in the ‘90s and then went off and sequenced the human genome in about 50 years less time than the government would have taken…

His company in San Diego is called Synthetic Genomics. He could be days away from making a major announcement about a product he’s been working on, in total secret. We’ve received some advance intel on this announcement, and I’ll share it with you shortly. But it’s critical that you’re on board with our thinking here.

Craig Venter Founder, Synthetic Genomics Inc. On the cusp of a breakthrough so large and world-changing, great things are possible:

• Company better known than Intel
• Products used by more people than Pfizer
• Market cap bigger than Chevron
• Investors enjoy sweetest ride since Apple

You have to believe, as we do, that now is the ideal time to be investing in this new revolution…

Knowing when to move is so important. You don’t want to be too early, or too late.

There was certainly a lot of hype in past few years about the sequencing of the human genome. A lot of companies got into the game early, and now have arrows in their backs to prove it. But let’s see how far we’ve advanced from those frontier days.

A man who knows how far we’ve come is Juan Enriquez. He’s one of the most successful venture capitalists working today. He’s made many millions betting on start-ups. This is what Juan told me about the state of the industry recently:

“We can now begin to say to a little tiny cell, I want you to produce the equivalent of gasoline. I want you to produce the equivalent of this specific medicine. I want you to produce a specific vaccine . . . It’s gonna be the ability to program life—the single biggest driver of the global economy going forward over the next two or three decades.”

Now I know that the very idea of “programming life” is prickly to some. There’s this Frankenstein notion that we’ll create some kind of monster life-form…

And no doubt something will escape from the lab, and maybe even reproduce. When scientists insist they’ve got it under control, we’re reminded of the Jurassic Park film when Dr. Malcolm warns, “Life finds a way.”

But science will march on. It always has.

Scientists will learn to control their creations, as they have in the past. So we are less concerned with that . . . and more interested in knowing which products will be coming out of these labs, and whether people will pay for them.

We’re also interested in knowing if big companies will be stepping in, swallowing up the little guys for a fast pop for investors…

And one look at the SynBio market right now tells us that things are popping.

Deals are being made left and right. Big Pharma is hot on an acquisition binge — forced into spending big bucks on little company products in hopes of refilling their dying pipelines. So there’s quick money that could be made right now. According to industry analysts, a lot of money…

Since SynBio is a new market, it’s still small. Only about $2 billion in sales logged last year. But SynBio is growing nearly 46% year over year. No other market is growing nearly as fast…

This chart comes from a number of sources, all brought together to confirm for us that 10x growth in SynBio is in store for the next three years alone. That’s exponential growth kicking in…

Which makes now the perfect time to pick up certain companies for 1/10^th of their expected market premium…

Two companies top our list. They’ve both created REAL products that are sailing through testing and have the potential to actually reverse and cure major diseases…

The first company, which we’ve code named SynBio 1, is an “umbrella” company. They’ve snapped up a bunch of companies so that can control the life-creation puzzle from start to finish. They are on track to make TEN blockbuster announcements in the months ahead…

They’ve got promising breakthroughs for…

• Eye diseases — including macular degeneration
• Neurological disorders — including Parkinson’s and multiple sclerosis
• Coronary diseases and heart failure
• Cancers — including breast, lung, bladder, uterus, stomach, colon

These breakthroughs are so promising, they have attracted the attention of a former FDA chief. Dr. Andrew von Eschenbach has signed on with SynBio 1 to help them finalize products, and get to market fast. Nobody’s going to be better at that than an FDA chief!

They’ve also cut a deal with Teva, the world’s largest generic drug maker, giving them a sales channel to take their products onto every continent…

And they’ve got a subsidiary in China, giving SynBio 1 a huge advantage in the world’s biggest market.

And how did we learn about this gem of a company?

We learned about it from Patrick Cox, our in-house expert on biotech. You already know Patrick by his skin cells. That arm cell? The one that was turned into a beating heart cell?

It belongs to Patrick Cox. He is, in fact, “patient zero” in the synthetic revolution. His heart is being rebuilt to be as strong as it was when he was 29…

Back in his twenties, Patrick was a software developer at the start of the digital revolution. And at the heart of it. He helped launch Netscape – the first real internet company. His analysis has appeared in InfoWorld, The Wall Street Journal, Los Angeles Times and Reason magazine. Patrick has gone on Nightline and Crossfire to brief on his discoveries.

On our last visit to the labs at SynBio 1, Patrick met with the man who may someday be known as the father of regenerative medicine. Today he is known to our subscribers as Dr. West…

I want to share a partial transcript of their recent meeting:

DR. WEST
We’ll begin by taking cells from the body that are aged cells and putting them in the dish and starting a culture. Once we have those cells, we’ve captured them forever, so the cells can be frozen and thawed and used. And we will use them today in a reprogramming experiment to take the cells back in time, like in a time machine.

MR. COX
So without major surgery, with a simple procedure, I’ll have a rebuilt heart. It will be functionally the same as the clean beating heart of a 29-year-old. I don’t know of ANY technologies as transformational as this. The ability to repair or replace worn-out body parts, from hearts to brains, will totally change our world, change our lives. It will also yield profits unmatched since the last great revolution.

DR. WEST
The good news is that the science is speeding along at a rate that even the most optimistic of us didn’t foresee…

Dr. West is truly changing the way we’ll live. But more than that. His company is already delivering products that require fewer approvals from the regulators.

SynBio 1‘s first big product is all the rage at the plastic surgery conferences.

You see, the plastic surgeons’ biggest problem has always been the hit-or-miss nature of their work. They go in and harvest some fat, spin it around and then squirt it back in someplace else. Interesting business. Except when the fat doesn’t cooperate.

So along comes SynBio 1 and their new hydrogel compound. This “hydrogel” of theirs has the consistency of molding clay. A modern Michelangelo can form exactly the right look — nothing toxic, no side effects.

Those who’ve used it love it, and our interest in it can be summed up in 4 lines:

• Plastic surgeons could be guaranteed the perfect sculpting experience
• Price is no issue in this high-margin business — people will pay
• Global marketplace for plastic surgery is $40 billion a year
• Revolutionary product, exponential potential

And this is only one of SynBio 1’s products. They have identified more than 200 different cell types that they can synthetically reproduce. Which is why universities across the country are testing them out…

• UCLA —testing on stroke victims
• Cedars-Sinai Medical Center — repairing early-stage degenerative disc disease
• University of Wisconsin — fixing damaged vocal cords
• And dozens more

The studies are stacking up. I want you to see one of these studies up close. This one has probably captured the most interest in the scientific community. It’s titled:

“Functional Performance of Human Cardiosphere-Derived Cells Delivered in an in Situ Polymerizable Hyaluronan-Gelatin Hydrogel”

Doctors with us today know from the title that we’re talking about game-changing research for heart patients…

According to the study, the procedure’s effectiveness “was increased by nearly an order of magnitude… and exhibited superior benefits.”

This is obviously huge because, as you know, coronary disease is the leading cause of death. One in three of us will die from it. Having a solution that changes that — changes it dramatically — now that’s the definition of a blockbuster…

Plus SynBio 1 has this space sealed up. They haven’t just cracked the DNA code, they’ve got the “rights” to the SP100 gene. This is the crucial gene at the nexus of cellular regeneration. If you want to rebuild a heart, or any other vital organ, you need the SP100 gene solution.

SynBio 1 owns the patents to this gene’s use, and as I said, they’ve identified more than 200 different cell types they can use it on.

That’s like giving them the keys to a kingdom…
they could OWN regenerative medicine.

Either they’ll be lead developer for an entire line of medical solutions that people want… or they’ll be licensing their patented therapies to other companies. It’s a win/win position to be in.

And we are expecting SynBio 1’s stock to go wild on each new announcement.

If you’re ready, we can show you:

1. How to acquire shares of SynBio 1 at the best possible time
2. And how to hold for the longest run of growth possible.

Or, first take a look at what subscribers to our research have said about past recommendations from our firm:

Prelude to Currency Wars

The Daily Reckoning Presents
Prelude to Currency Wars
by James Rickards
On August 15, 1971, a quiet Sunday evening, President Richard Nixon took to the airwaves, preempting the most popular television show in America, to announce his New Economic Policy. The government was imposing national price controls and a steep surtax on foreign imports and banning the conversion of dollars into gold. The country was in the midst of a crisis, the result of an ongoing currency war that had destroyed faith in the U.S. dollar, and the president had determined that extreme measures were necessary. Today we are engaged in a new currency war, and another crisis of confidence in the dollar is on its way. This time the consequences will be far worse than those confronting Nixon. The growth in globalization, derivatives and leverage over the past forty years have made financial panic and contagion all but impossible to contain. The new crisis will likely begin in the currency markets and spread quickly to stocks, bonds and commodities. When the dollar collapses, the dollar-denominated markets will collapse too. Panic will quickly spread throughout the world. As a result, another U.S. president, possibly President Obama, will take to the airwaves and cyberspace to announce a radical plan of intervention to save the dollar from complete collapse, invoking legal authority already in place today. This new plan may even involve a return to the gold standard. If gold is used, it will be at a dramatically higher price in order to support the bloated money supply with the fixed quantity of gold available. Americans who had invested in gold earlier will be confronted with a 90% "windfall profits" tax on their newfound wealth, imposed in the name of fairness. European and Japanese gold presently stored in New York will be confiscated and converted to use in the service of the New Dollar Policy. No doubt the Europeans and Japanese will be given receipts for their former gold, convertible into New Dollars at a new, higher price. Alternatively, the president may eschew a return to gold and use an array of capital controls and global IMF money creation to reliquify and stabilize the situation. This IMF global bailout will not be in old, nonconvertible dollars but in a newly printed global currency called the SDR. Life will go on but the international monetary system will never be the same. This isn't far-fetched speculation. It has all happened before. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated and capital controls have been imposed. The United States has not been immune to these acts; in fact, America has been a leading advocate of dollar debasement from the 1770s to the 1970s, through the Revolution, the Civil War, the Great Depression and Carter-era hyperinflation. The fact that a currency collapse has not happened in a generation just implies that the next crash is overdue. This is not a matter of guesswork -- the preconditions are already in place. Today, The U.S. Federal Reserve, under the guidance of Chairman Ben Bernanke, is engaged in the greatest gamble in the history of finance. Beginning in 2007, the Fed fought off economic collapse by cutting short-term interest rates and lending freely. Eventually rates reached zero, and the Fed appeared to be out of bullets. Then, in 2008, the Fed found a new bullet: quantitative easing. While the Fed describes the program as an easing of financial conditions through the lowering of long-term interest rates, this is essentially a program of printing money to spur growth. The Fed is attempting to inflate asset prices, commodity prices and consumer prices to offset the natural deflation that follows a crash. It is basically engaged in a game of tug-of-war against the deflation that normally accompanies a depression. As in a typical tug-of-war, not much happens at first. The teams are evenly matched and there is no motion for a while, just lots of tension on the rope. Eventually one side will collapse, and the other side will drag the losers over the line to claim victory. This is the essence of the Fed's gamble. It must cause inflation before deflation prevails; it must win the tug-of-war. In a tug-of-war, the rope is the channel through which stress is conveyed from one side to the other. In the contest between inflation and deflation, the rope is the dollar. The dollar bears all the stress of the opposing forces and sends that stress around the world. The value of the dollar is the way to tell who is winning the tug-of-war. This particular tug-of-war is actually a full-on currency war, and it is not really a game but an attack on the value of every stock, bond and commodity in the world.
In the best of all possible worlds for the Fed, asset values are propped up, banks get healthier, government debt melts away and no one seems to notice. Yet, by printing money on an unprecedented scale, Bernanke has become a twenty-first-century Pangloss, hoping for the best and quite unprepared for the worst. There is a very real danger that the Fed's money printing could suddenly morph into hyperinflation. Even if inflation does not affect consumer prices, it can show up in asset prices leading to bubbles in stocks, commodities, land and other hard assets -- bubbles that are prone to burst like tech stocks in 2000 or housing in 2007. The Fed claims to have the tools needed to avert these outcomes, but those tools have never been tried in these circumstances or on such a large scale. The Fed's remedies -- higher rates and tight money -- are likely to lead straight to the kind of depression the Fed set out to avoid in the first place. The U.S. economy is resting on a knife's edge between depression and hyperinflation. Millions of investors, business owners and workers wonder how much longer the Fed can balance the knife. Worse yet, none of this happens in a vacuum. If the Fed's policy manipulations were limited to the U.S. economy, that would be one thing, but they are not. The effects of printing dollars are global; by engaging in quantitative easing, the Fed has effectively declared currency war on the world. Many of the feared effects of Fed policy in the United States are already appearing overseas. Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S. debt is devalued so foreign creditors get paid back in cheaper dollars. The devaluation means higher unemployment in developing economies as their exports become more expensive for Americans. The resulting inflation also means higher prices for inputs needed in developing economies like copper, corn, oil and wheat. Foreign countries have begun to fight back against U.S.-caused inflation through subsidies, tariffs and capital controls; the currency war is expanding fast. While Fed money printing on a trillion-dollar scale may be new, currency wars are not. Currency wars have been fought before -- twice in the twentieth century alone -- and they always end badly. At best, currency wars offer the sorry spectacle of countries stealing growth from trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation and actual violence as the scramble for resources leads to invasion and war. The historical precedents are sobering enough, but the dangers today are even greater, exponentially increased by the scale and complexity of financial linkages throughout the world. Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The economists' latest solutions -- such as the global currency called the SDR -- present hidden new dangers while resolving none of the current dilemmas. Among the new dangers are threats not just to America's economic well-being but to our national security as well. As national security experts examine currency issues traditionally left to the Treasury, new threats continually come into focus, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the ultimate danger of the collapse of the dollar itself. Senior military and intelligence officials have now come to the realization that America's unique military predominance can be maintained only with an equally unique and predominant role for the dollar. If the dollar falls, America's national security falls with it. While the outcome of the current currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Regards, James Rickards for The Daily Reckoning Excerpt from the book Currency Wars, published here. [A Special Note from Addison Wiggin: In a few short weeks, Jim Rickards will be speaking at this year's Agora Financial Investment Symposium in Vancouver, British Columbia. He joins an all-star lineup of speakers, including Symposium favorites Barry Ritholtz, Rick Rule, Doug Casey and Chris Mayer, to name just a few. The event is fast approaching, and with its perennial list of world-class presenters, it's not uncommon for it to sell out. And this year's theme, A Tale of Two Americas, is sure to attract a record crowd. Secure your seat now, while spots are still available.]
	James G. Rickards is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. He is a writer and is a regular commentator on finance. Rickards advised clients of an impending financial collapse, of a decline in the dollar and a sharp rise in the price of gold, all years in advance. Rickards is the author of The New York Times bestseller Currency Wars, published in 2011.
BE SURE TO ADD dr@dailyreckoning.com to your address book.
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Addison Wiggin contemplating the market's reaction to the Fed (after a long nap)...

Yesterday, we drank coffee and waited... To pass the time, you'll recall, we muddled through an Edinburgh University study of former Fed chair Alan Greenspan's confidence level and whether it could be used to forecast movements in the gold price. Now we know the answer to a slightly different question. The lack of confidence others have in current Fed chair Ben Bernanke's statements can certainly move the gold price... and the price of everything else, too. Down. "Pick your poison," chimed in The Rude Awakening's Greg Guenthner this morning. "Bonds. Stocks. Emerging markets. Commodities. Wherever you decide to turn this morning, you'll see red on your screen." No kidding... Crimson Shades of '08 Ouch. Where does all that money go? "Money heaven..." Dave Gonigam, our compatriot at The 5 Min. Forecast, suggests. What comes "out of thin air"... returns from whence it came. "American investors have taken out more margin loans than ever before," observes Floyd Norris in The New York Times. When the stock market hits consecutive highs, as it has for the past 6 months, individual investors pile in... and are willing to borrow money to speculate. "Speculative investing has grown among retail investors," Norris continues, "reaching levels that in the past indicated the market was getting to unsustainable levels and might be in for a fall." Floyd offers U.S. margin debt as a percentage of U.S. GDP as a guide: "The first time in recent decades that total margin debt exceeded 2.25% of GDP came at the end of 1999, amid the technology stock bubble. Margin debt fell after that bubble burst, but began to rise again during the housing boom -- when anecdotal evidence said some investors were using their investments to secure loans that went for down payments on homes. "That boom in margin loans also ended badly." Will this time end badly? We don't know... but we're willing to hazard a guess. "The rising level of debt is seen as a measure of investor confidence," says Alexandra Scaggs in today's Wall Street Journal, "as investors are more willing to take out debt against investments when shares are rising and they have more value in their portfolios to borrow against. "The latest rise has been fueled by low interest rates and a 16% year-to-date stock market rally." Summary: The Fed pumps hot money into the banking system. Excess reserves beget margin loans. Margin loans, by definition, fuel speculation. Then, poof. "In my opinion," writes one contemplative reader following our investment thesis with some skepticism, "trying to use gold, tulips or any substance to control bankers and politicians is a cop-out. It's like using burqas in Islam to prevent men from getting bothered by attractive women... [these speculative rallies] are part of our nature." Indeed, the easy money works great... until it doesn't work anymore. "I am sure politicians," the reader goes on, "if really interested in devaluing the dollar with gold as a backup could figure a way to manipulate the price of gold for their own use. Isn't this what politicians do best?" Perhaps they ought to try it. Just a little... Alas, devaluing the dollar, sans gold, is part and parcel of the Fed's currency war against other deflating fiat currencies. James Rickards, author of Currency Wars and today's guest essay for The Daily Reckoning, knows all too well. In today's episode, Mr. Rickards shows how you're stuck in the middle of the Fed's tug-of-war match with the forces of deflation... [Ed. Note. Mr. Rickards will be joining us as a speaker at this year's Investment Symposium at the Fairmont Hotel in Vancouver, British Columbia, July 23-26, 2013. There are fewer than 200 seats left. If you'd like to attend, hurry up and reserve yours, here.]

Android's Biggest Security Threat: OS Fragmentation

• Mar 08, 2013 11:11 AM EST

By Fahmida Y. Rashid

Unless you bought the phone or tablet recently, odds are high that your Android device is running an outdated version of the operating system, exposing you to serious security risks.
The latest data from Google shows that 44 percent of Android users are still on "Gingerbread," or versions 2.3.3 through 2.3.7, which was released two years ago. Gingerbread has a number of security vulnerabilities which have been fixed in later versions. The OS breakdown data is based on statistics collected from Android devices connecting to Google Play from Feb. 22 to March 4.
Just 16 percent of Android devices are running version 4.1 or 4.2 of the mobile operating system, according to Google. Also known as "Jelly Bean," the latest Android version was released six months ago, but a majority of Android users have not been able to upgrade to the new OS because the process is tightly controlled by the carriers.
"The problem with Android is that most people have old versions on their phone," Collin Mulliner, a postdoctoral researcher with the SECLAB at Northeastern University in Boston, said during a mobile security panel discussion at last month's RSA Conference.
At our SecurityWatch Summit last fall, Dan Guido, CEO and co-founder of Trail of Bits, noted that the majority of iOS devices are updated within weeks, it not days, of Apple releasing the new operating system.
Mobile Carriers Lag on Updates
"One of the most important things in software security today is the ability to remotely update," Mulliner said on the panel. While users can initiate the operating system update on their own for iPhones and iPads, Android, mobile carriers control the entire process for Android devices. At the moment, their collective record for pushing out updates for users is absolutely dismal.
The problem is that Android's open platform allows device manufacturers and carriers to tweak the operating system to bundle extra software and set certain configuration settings. Whenever Google releases an operating system update, both the vendor and carriers have to test the changes against their homebrew systems before rolling out the latest version. The carriers claim this is a slow process, but many security experts believe carriers are prioritizing profit over security.
Some phones just don't get the latest Android update because they are being phased out or are older models, Chris Soghoian, a privacy researcher and activist, said at a different event earlier this year. Manufacturers focus their efforts on devices currently for sale and coming to the market, and wireless carriers "only care about you once every two years" when the user contract is up for renewal, Soghoian said. For example, an LG Android smartphone didn't get its first OS update for 16 months, and many phones never even get that first update, let alone a second one.
Considering that Google has pushed out a new version approximately every six months, it's easy to see how quickly users can become out-of-date.
A drive-by attack, where the user is compromised just by visiting a malicious site, is not the biggest threat facing Android users, Charlie Miller, a researcher well-known for his work on iOS and Android security, said during the same panel at the RSA Conference.
"People think that drive-by is a big threat, but in real life they just don't happen," Miller said. When it comes to Android, the biggest risk facing users is the fact that their devices are running outdated and un-patched versions of the operating system, he said. The latest versions of Android have security patches and improved exploit mitigations.
Cyber-criminals know users are running vulnerable operating systems. All criminals have to do is release a malicious app exploiting a vulnerability in an old version of Android, and hit a significant chunk of the user base.
As Soghoian pointed out earlier, "You don't need a zero-day to attack most Android devices if consumers are running 13-month-old software."
Unfortunately, this situation is not likely to change unless carriers start taking security seriously, or Google wrests control of the update process away from the carriers. The most secure Android device around is the Nexus 4 smartphone from Google, as the company has full control over the updates.

• Categories:
• Android,
• Mobile Security,
• Software Patches

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• automatic updates,
• software update,
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• Android

The Hidden Deficiency Zapping Your Energy and Brainpower

Did You Know...

... that olive oil infused with ozone is a remarkable anti-bacterial ointment that not only heals serious skin disorders, but also beautifies and hydrates your skin?

     What do penicillin, cookies, and popsicles have in common?  They were all discovered accidentally, as were ozonated oils, all-natural ointments that heal everything from cellulite to insect bites.

     In the 1900s, doctors administering tuberculosis treatments found that when ozone is repeatedly breathed through oil, it converts the oil into ozone-infused gels.  Ozonated oils evolved into a popular healing therapy until the mid-1900s, when pharmaceutical companies launched a campaign against natural medicines.  All it took was some strong-arming from the FDA, and ozonated oils disappeared from doctors' shelves.

     More than 60 years later, ozonated oils are making a comeback.  Doctors in over 20 countries depend on the healing properties of these gels to help accelerate postoperative recovery.  Ozonated oils boost blood flow, reduce inflammation and alleviate pain after surgery.

     Ozonated oils are used to treat:

• Acne • Eczema • Psoriasis • Diaper Rash • Insect/Spider Bites • Wrinkles • Athlete's Foot • Cuts/Wounds/Bed Sores • Bacterial Infections

• Ring Worm • Herpes Simplex • Shingles • Burns/Sunburns • Impetigo • Gingivitis • Age Spots • Hemorrhoids • And much, much more!

Ozonated Olive Oil

Olive oil ranks as the most popular ozonated oil on the market.  Manufacturers start with pure, organic, cold-pressed, extra-virgin olive oil.  Ozone is a highly reactive gas, but when passed through the oil for an extended period of time, the gas becomes more and more stable, and the oil transforms into a paste, or gel.  Processing equipment, however, varies.

     If olive oil is ozonated in a cheap coronal discharge generator it becomes vulnerable to contamination.  Make sure the ozonated oil you purchase has been converted in a cold plasma oil generator for purity and potency.

Paste or Oil?

Made with no artificial chemicals, ozonated paste has greater healing properties than ozonated liquid does.  The difference lies in the amount of saturated oxygen and ozone they contain.  Ozonated olive oil paste is the winner, with a 50% concentration compared to the 10% concentration found in ozonated olive oil liquid.  Ozonated paste also has a built-in, time-release formula, protecting skin for more than 12 hours after application.

     Ozonated olive oil can last up to 10 years when refrigerated, and a good year when stored at room temperature.  The ultimate anti-bacterial salve, it destroys harmful bacteria, viruses, parasites, fungi, venom and poisons with no adverse side effects.  Plus, ozonated olive oil is an antibiotic that does not stop working.  That's because since toxins and pathogens do not become resistant, it's as effective on the thousandth treatment as it is on the first.

     Applied topically, ozonated oil seeps into the skin, pushing toxins through the pores and out of the body.  As it crosses the skin barrier, ozonated olive oil helps stimulate new cell production, thereby healing even the most chronic skin conditions while rejuvenating a healthy outer layer of skin.

Other Ozonated Oils

Hemp, avocado, coconut?  The options for ozonated oils are steadily growing.  Ozonated jojoba oil is becoming increasingly popular, especially as a skin cream.  Because the chemical makeup of jojoba oil is remarkably similar in composition to human sebum, ozonated jojoba helps deeply hydrate and heal sensitive skins.

     Ozonated sunflower oil is also growing in popularity due to its availability and cost-effectiveness.  If you aren't a fan of the gel-like consistency of the pastes, then opt for ozonated sunflower oil, which converts to a viscous liquid when processed.

     Whether or not you add ozonated oils to your skin care regimen, you may want to at least consider keeping some

= = = = = = = = = = =

Featured Article:

The Hidden Deficiency Zapping Your
Energy and Brainpower

Sadly, this affects 1 in 2 older adults.  Are you one of them?

Unfortunately, many of us are familiar with the hallmark signs of aging: declining strength and energy, brain fog and "senior moments," irritability, difficulty sleeping, hearing and vision loss...the list goes on.  Most people attribute these symptoms to "getting older," but the truth is that none of these problems are actually related to normal, healthy aging.

     More often than not, there's an easily remedied vitamin deficiency underlying many of these symptoms, making you feel older than you are!  Yet tragically, this deficiency is rarely detected by doctors... until it manifests as a severe neurological disorder, dementia, mental illness, chronic fatigue, cardiovascular disease, cancer...or worse.

     I'm referring to vitamin B12 deficiency, which sadly, affects nearly 50% of older adults.  If you've experienced any of the symptoms described above, it's imperative that you take action before irreversible damage occurs.  The good news is that B12 deficiency can be remedied easily, quickly and inexpensively.  But it's crucial that you take the right kind of B12.

SIGNS YOU HAVE A B12 DEFINCIENCY

Low energy and weakness Memory problems Confusion or "fuzziness" Irritability and mood swings Persistent sleep problems

Dizziness or lightheadedness Digestive problems Weak immunity Hearing and vision loss Tingling in the extremities

What You Need to Know About B12

Vitamin B12 is essential to the very foundation of life itself.  It's one of the building blocks your body uses to produce DNA.  It keeps your immune system functioning optimally, regulates mood and sleep cycles, and is crucial to energy production, which is why it's known as the "energy vitamin."

     Vitamin B12 also protects your brain and nervous system by keeping nerves healthy and communicating in an optimal manner.  And emerging research is showing that B12 helps to lower levels of the stress hormone homocysteine, making it a vital player in maintaining heart and brain health.

How B12 Protects Your Brain

     Cognitive decline is a serious concern for most of us as we age.  The statistics are grim: If you live to be 80, your chances of suffering from severe loss of cognitive function are 1 in 2.  That means every other person will suffer measurable loss of brain function!  The good news is that getting enough B12 can drastically cut your risk.

     Scientists now understand that age-related cognitive decline is linked to a process in the body that involves a decrease in brain mass.  Your brain actually shrinks as you age.  This reduction in brain mass is directly correlated with loss of memory and cognitive function.

     Emerging research shows that B12 deficiency puts your brain in serious danger.  Recently, a landmark study showed vitamin B12 supplementation slows the accelerated rate of brain shrinkage and declining cognitive scores in older individuals.  Another study showed that older individuals with higher levels of B12 in their blood had less shrinkage of the brain than counterparts with lower levels.  Those with higher B12 blood levels and increased brain size even scored higher on memory and cognitive tests.

B12 Deficiency: The Silent Epidemic

Recent studies have shown that nearly 1 in 2 older adults have dangerously low levels of B12.  The older you are, the higher your risk, but younger people aren't exempt from harm.  In a shocking recent Tufts University study, researchers found that nearly 1 in 4 people over age 26 are at least borderline deficient in B12 and may already be experiencing symptoms as a result.

     The worst part is that doctors typically misdiagnose B12 deficiency symptoms.  They then prescribe drugs that do nothing to address the problem, but instead, have plenty of destructive side effects.  You can and must avoid falling into that trap.

Why Are So Many People B12 Deficient?

The reason that the vast majority of people end up B12 deficient has nothing to do with their B12 intake, but rather, their ability to absorb B12 from food.

     Over the years, the lining of your stomach gradually loses its ability to produce hydrochloric acid, which you need to absorb B12 from food.  The use of certain drugs can also lower your stomach acid secretion, further hampering B12 absorption.  This is why with B12 supplements, a sublingual (under the tongue) delivery system—which ensures the B12 goes directly into your bloodstream, bypassing your digestive tract—is absolutely essential.

B12 Deficiency Can Strike Anyone But You Are at Higher Risk if You... → Are over the age of 45 → Take acid-blocking medications → Are a vegan or vegetarian → Are or have ever been anemic → Suffer from digestive problems → Have low stomach acid → Take certain diabetes drugs → Drink alcoholic beverages

WARNING: Some B12 Supplements Contain Cyanide

The form of B12 that you'll find in most B12 products is cyanocobalamin, which is comprised of a cyanide molecule attached to a cobalamin (B12) molecule.  Cyanide is a toxic poison that the body cannot metabolize, and over time, it can accumulate in brain tissues with disastrous results.

     Far too many B12 supplements on the market today are made with this virtually worthless form of B12.  This is a classic example of companies cutting corners to save money at the expense of your health, which is truly a shame.

What Makes a Safe, Effective, and Powerful B12 Supplement?

First, you must have the right form of B12.  Research has shown the safest and most effective form of B12 to be methylcobalamin.

     Second, you need the methylcobalamin form of B12 in the right delivery system.  Insist on a sublingual (under the tongue) delivery system instead of a pill.  Sublingual delivery ensures absorption directly into the bloodstream, bypassing the digestive tract, which makes it effective even for those who can't absorb B12 from food.  With a sublingual B12, you'll experience immediate boosts in your energy, mental clarity and mood.

     Third, you need the right dosage.  Most experts recommend 1,000 mcg a day of sublingual methylcobalamin.  Up to 15,000 mcg per day is sometimes required to bring levels back up to an optimal level and to restore energy, mental function, and mood balance.  B12 has no known drug interactions and has never shown any adverse or toxic effects in humans, even when given in very large doses.

     Finally, you must ensure that your B12 formula is made in the USA in an FDA inspected facility using only 100% pure methylcobalamin, the form of B12 that has been shown in research studies to be the safest and most effective form for everyday use.

Feel the Difference in 1 to 3 Days

Virtually no B12 supplements on the market meet these requirements, except for one!  Joshua Corn, the highly regarded creator of the Live in the Now natural health newsletter and owner of Stop Aging Now, has been formulating premium-grade dietary supplements for over 15 years.  Working with the Stop Aging Now Scientific Advisory Board he created a convenient vitamin B12 formula that is simply superior to anything else out there, and it has become one of Stop Aging Now's best-selling products.  But this superior B12 is not available in stores.

     Click here to discover the B12 formula that delivers on all these counts and more.  Within 1 to 3 days you'll experience... more energy throughout the day... enhanced cognitive function... fewer "senior moments"... more balanced moods... deeper, more restful sleep... better digestion... and stronger immune system.  You don't have to be a statistic.  Click here and protect yourself and your loved ones right now.


If the links above aren't working, just copy & paste the following
website address onto your Internet browser:
http://www.stopagingnow.com/energy129

Sign the letter urging President Obama to reject Keystone XL

Tell Rep. Markey: Sign the letter urging President Obama to reject Keystone XL

The petition to Rep. Markey reads: The Keystone XL pipeline is not in our national interest. Please co-sign Rep. Grijalva's letter urging President Obama to reject Keystone XL. Automatically add your name:

Republicans in the House are gearing up for yet another symbolic vote to force approval of Keystone XL. Of course, Keystone XL is President Obama’s decision – not the climate deniers who make up a majority of our Congress – but we know that he is sensitive to pressure from Congress as he considers his decision. Now we have an important opportunity to build pressure on the President from those in Congress who actually accept science. Arizona Rep. Raul Grijalva has just written a great letter asking President Obama to reject Keystone XL. (Full text below.) The more representatives we can get to add their names before it gets sent to the President, the more pressure the president will feel. Tell your member of Congress, Rep. Markey, to co-sign the Grijalva letter urging President Obama to reject Keystone XL. Click here to automatically sign the petition. President Obama recognizes that a majority in Congress deny the science of climate change. His Organizing for Action has made calling out climate denial a major focus of its messaging. But calling out climate denial is not enough – President Obama needs to show that he is committed to action. The first, easiest thing he can do is reject Keystone XL. The President’s efforts to call out members of congress for ignoring scientists will be meaningless if his own administration does the very same thing -- deny the scientists who are unequivocally clear on the need to keep carbon in the ground – when it comes to his decision on the Keystone XL pipeline. If enough Representatives sign Rep. Grijalva’s letter, it could make a big impression on the president. But for that to happen, Rep. Markey needs to hear from you. Click here to automatically sign the petition: http://act.credoaction.com/go/546?t=4&akid=7939.4923402.rDsc85 Thanks for fighting Keystone XL. Elijah Zarlin, Campaign Manager CREDO Action from Working Assets Automatically add your name: Learn more about this campaign REP. GRIJALVA'S LETTER TO PRESIDENT OBAMA: Dear President Obama, We stand with millions of Americans concerned about the strength of our economy, gas prices, and the safety of our water supply in urging you to reject the Keystone XL pipeline. When you strip away the rhetoric, the facts are clear: Keystone XL will export Canadian oil through our country – not to our country. As an export pipeline, Keystone XL does not reduce our dependence on foreign oil. It does not protect American families from increasing gas prices or price spikes on the global market. The history of tar sands pipelines is full of failed promises, difficult cleanups and environmental damage. Tar sands crude is both more toxic and more difficult to clean up than conventional oil. A 2010 spill involving tar sands crude on the Kalamazoo River has still not been remedied. The climate impacts are perhaps even greater than the immediate damage to water sources, and will be felt by every American for decades to come. The State Department’s conclusion that we might as well approve Keystone XL because the tar sands will inevitably be burned is not only untrue, it is a stunning breach of our national security. Secretary of Defense Leon Panetta is hardly alone in the military community in declaring that climate change “has a dramatic impact on national security.” Keystone XL will increase global demand for tar sands, which produce far more climate-heating emissions than conventional oil. There is a better way forward, and we call on you to continue leading the way. The only way to reduce high gas prices is to use less fuel. We applaud your administration’s historic efforts to increase vehicle fuel efficiency, your investments in sustainable technologies, and your inspiring call in the State of the Union Address to fund research to move our vehicles away from oil altogether. Rejecting Keystone XL should be another part of your positive environmental legacy. Efforts already under way are saving Americans money at the pump and creating new engineering and manufacturing jobs. Approving Keystone would put many of these advances in jeopardy. It would mean a return to the dirty economy of the past rather than a step toward the clean economy of the future. The costs of approving Keystone XL far outweigh any benefits. The American people are depending on your leadership. This dirty pipeline is not in our national interest, and we urge you to reject it. Sincerely, Raúl M. Grijalva Member of Congress

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