"There are two sorts of wealth-getting, as I have said; one is a part of household management, the other is retail trade: the former necessary and honorable, while that which consists in exchange is justly censured; for it is unnatural, and a mode by which men gain from one another. The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of modes of getting wealth this is the most unnatural."

- Politics, Aristotle, 350 B.C.

"The Jew alone regards his race as superior to humanity, and looks forward not to its ultimate union with other races, but to its triumph over them all and to its final ascendancy under the leadership of a tribal Messiah."

- Goldwin Smith, The Jewish Question, October 1881

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

- President Woodrow Wilson 1916

“We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”

- David Rockefeller, Baden-Baden, Germany 1991

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

- Henry Ford 

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson.”

- Franklin D. Roosevelt, letter to Col. House, November 21, l933

“One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order.”

- The National Educator, K.M. Heaton

"We Jews, we, the destroyers, will remain the destroyers for ever. Nothing that you will do will meet our needs and demands. We will for ever destroy because we need a world of our own, a God-world, which it is not in your nature to build."

- Maurice Samuels, You Gentiles, 1924

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

- David Rockefeller 

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.”

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

How to Think Clearly

"Never argue with stupid people. They will drag you down to their level and then beat you with experience." –Mark Twain

If you want to begin to understand and appreciate the work of Mike Stathis, from his market forecasts and securities analysis to his political and economic analysis, you will first need to learn how to think clearly. For many, this will be a cleansing process that could take quite a long time to complete depending on each individual.

The best way to begin to clear your mind is to first move forward with this series of steps:

1. GET RID OF YOUR TV SET (at least cancel your cable)


3. DO NOT USE A "SMART PHONE" (or at least do not use your phone to access the internet)


The cleansing process will take time but you can hasten the process by being proactive in exercising your mind.

You should also be aware of a very common behavior exhibited by humans who have been exposed to the various aspects of modern society. This behavior occurs when an individual overestimates his abilities and knowledge, while underestimating his weaknesses and lack of understanding. This behavior has been coined the "Dunning-Kruger Effect" after to sociologists who described it in a research publication. See here.

Many people today think they are virtual experts on every topic they regard with relevance. The reason for this illusory behavior is because these individuals typically allow themselves to become brainwashed by various media outlets. The more information these individuals obtain on these topics from the media, the more qualified they feel they are in these subjects, without realizing that the media is not a valid source with which to use for understanding something. The media always has bias and can never be relied on to represent the full truth.

A perfect example of the Dunning-Kruger Effect can be seen with many individuals who listen to talk radio shows. These shows are politically biased and consist of individuals who resemble used car salesmen more than intellectuals. These talking heads brainwash their audience with cherry-picked facts, misstatements and lies regarding relevant issues such as healthcare, immigration, Social Security, Medicaid, economics, science, and so forth. They also select guests for interview based on the agendas they wish to fulfill with their advertisers.

Once their audience has been indoctrinated by these propagandists, they feel qualified to discuss these topics on the same level as a real authority, without realizing that they obtained their understanding from individuals who are employed as professional liars and manipulators by the media.  Another good example of the Dunning-Kruger Effect can be seen upon examination of political pundits, stock market and economic analysts on TV.  They talk a good game because they are professional speakers. But once you examine their track record, it is clear that these individuals are largely wrong, but they have developed an inflated sense of expertise and knowledge on topics for which they continuously demonstrate their incompetence.

One of the most insightful analogies created to explain how things are often not what you see was Plato's Allegory of the Cave, from Book 7 of the Republic.

We highly recommend that you study this masterpiece in great detail so that you are better able to use logic and reason.Although we recommend you read and study The Allegory of the Cave, you can get a flavor for its meaning by watching the following video. 

If you can learn how to think like a philosopher, specifically one of the great ancient Greek philosophers, it is highly unlikely that you will ever be fooled by con artists like those who make ridiculous and unfounded claims in order to pump gold and silver, the typical get-rich-quick or multi-level marketing (MLM) crowd.

STOP Being Taken

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.”

King James Bible - Matthew 7:15

"It's easier to fool people than to convince them that they have been fooled." –Mark Twain

All Viewpoints Are Not Created Equal Just because something is published in print, online or aired in the broadcast media does not make it accurate.  In fact, more often than not the larger the audience, the more likely the content is either inaccurate or slanted. The next time you read something about economics or investments, you should ask two main questions in order to assess the credibility of the source. Is the source biased in any way?   That is, do they have any agendas which would provide any type of benefit accounting for their views? Most individuals either sell ads on their site or are dealers of precious metals or securities. That means their views are biased and cannot be relied upon.

Is your source is credible?  

Most people associate credibility with name-recognition. But more often than not, name-recognition serves as a predictor of bias if not lack of credibility because the more a name is recognized, the more the individual has been plastered in the media. And every intelligent person knows that individuals who have been provided with media exposure because they are either naive or clueless. The media positions these types of individuals as “credible experts” in order to please its financial sponsors; Wall Street. 

Instead of name-recognition or media celebrity status, you must determine whether your source has relevant experience on Wall Street as opposed to being self-taught. But this is just a basic hurdle that in itself by no means ensures the source is competent or credible. More important, always examine the track record of your source in depth, looking for accuracy and specific forecasts rather than open-ended statements. You must also look for timing since a broken clock is always right once a day.  Finally, make sure they do not cherry-pick their best calls. Always examine their entire track record. 

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.”

King James Bible - Matthew 7:15

The above questions require only slight modification for use in determining the credibility of sources that discuss other topics, such as politics, healthcare, etc.We have compiled the most extensive publication exposing hundreds of con men pertaining to the financial publishing and securities industry, although we also cover numerous con men in the media and other front groups since they are all associated in some way with each other. There is perhaps no one else in the world capable of shedding the full light on these con men other than Mike Stathis. Mike has been studying the indistry for well over a decade. Alhough he has published numerous articles and videos addressing this dark side of the industry, the entire collection can be found in our ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes
At AVA Investment Analytics, we don't try to pump gold, silver or equities like many others you see because we are not promoters or marketers. And we do not receive any compensation whatsoever (including from ads) from our content. We provide individual investors, financial advisers, analysts and fund managers with world-class research, education and unique insight.

Media Lies

If you listen to the media, most likely it is costing you hundreds of thousands of dollars in lost money at minimum over the course of your lifetime. The deceit, lies and useless guidance from the financial media certainly is a large contributor of these losses to the sheep you pay attention.

But a good deal of lost wealth comes in the form of excessive consumerism which the media seeks to impose on its audience. You aren’t going to know that you’re being brainwashed or that you have lost $1 million or $2 million over your life time due to the media, but I can guarantee you that with rare exception this is the reality for those who are naïve enough to waste time on the media.

It gets worse. By listening to the media, you are likely to also suffer ill health effects through the lack of timely coverage of toxic prescription drugs or through the ridiculous medical shows, all of which are supportive of the medical-industrial complex.

And if you seek out the so-called "alternative media" you might make the mistake of relying on con men like Kevin Trudeau or Alex Jones. This could be a deadly decision. As bad as traditional media is, the so-called "alternative media" is even worse.

Why Does the Media Air Liars and Con Men?

The goal of the media is NOT to serve its audience because the audience does NOT pay the bills.

The goal of the media is to please its sponsors, or the companies that spend huge dollars buying ads, and in order for companies to justify these expenses, they need the media to represent their cause. The media does this by airing idiots and con men who mislead and confuse their audience.

By engaging in "journalistic fraud," the media steers its audience into the arms of its advertisers because the audience is now misled and confused, so in the case of the financial media, it seeks the assistance of Wall Street brokerage firms, mutual funds, insurance companies, precious metals dealers. This is why advertisers pay big money to be promoted in the financial media.

We see the same thing on a more obvious note in the so-called "alternative media," which is really a remanufactured version of the so-called "mainstream media." Do not be fooled. There is no such thing as the "alternative media." 

In order to be considered "media" you must have content that has widespread channels of distribution. Thus, all "media" is widely distributed and the same powers that control the distribution of the so-called "mainstream media" also control the distribution of the so-called "alternative media."

The claim that there is an "alternative media" is merely a sales pitch designed to capture the audience that has since given up on the "mainstream media."  The tactic is a very common one used by con men.

The same tactic is used by Washington to convince naive voters that there are meaningful differences between the nation's two political parties. In reality, both parties are essentially the same when it comes to issues that matter most (trade policy, healthcare and war). Anyone who tells you anything different simply isn't thinking straight.

On this site, we expose the lies and the liars in the media. We discuss and reveal the motives and track record of the media’s hand-selected charlatans with a focus on the financial media.  

Why Stathis Was Banned

No one has generated a more accurate track record in the investment markets over the past several years than Mike Stathis. Yet, the financial media wants nothing to do with Stathis.

You aren't even going to hear him on the radio being interviewed.

You aren't going to see him mentioned on any websites either.

You won't read or hear of his remarkable track record unless you read about it on this website or read his books.

You should be wondering why this might be. Some of you already know the answer.

The media has banned Mike Stathis because the trick is to air clowns so that the audience will be steered into the hands of the media's financial sponsors - Wall Street and gold dealers.

And as for the radio shows and websites that either don't know about Stathis or don't care to hear what he has to say, the fact is that they are so stupid that they assume those who are plastered in the media are credible. And since they haven't seen or heard Stathis in the media, even if they come across him, they automatically assume he's a nobody in the investment world simply because he has no media exposure.

Well, if media exposure was a testament to knowledge, credibility and excellent track records, Peter Schiff's clients would be a lot happier when they looked at their account balance.

Others only care about pitching what’s deemed as the “hot” topic because this sells ads in terms of more site visits or reads. This is why you come across so many websites based on doom and conspiratorial horse shit run by con artists looking to cash in on ads.

We have donated countless hours and huge sums of money towards the pursuit of exposing the con men, lies and fraud. We continue this mission but we cannot continue it forever without your assistance.

We have been banned by virtually every media platform in the U.S and every website (mainly because we expose the truth about gold and silver).

We have been banned from use of email marketing providers.

The fact is that the Jewish Mafia has declared war on us because we have exposed the realities of the U.S. government, Wall Street and corporate America.

Note that we only began discussing the role of Jews in criminality by 2009, three years AFTER we had been black-listed by the media, so no one can say that our criticism of the Jewish Mafia has led to being black-listed, not that it would even be acceptable.

You can talk about the Italian Mafia, and Jewish Hollywood can make 100s of movies about it...


We rely on you to help spread the word about us. Just remember this. We don’t have to do what we are doing.

We could do as everyone else and focus on making money. We are doing sacrificing everything because in this day and age, unfortunately, the truth is revolutionary. It is also critical in order to prevent the complete enslavement of world citizenry.   

Rules to Remember

On Exposure: No one who has significant exposure can be trusted because those who are responsible for permitting such exposure have allowed it for a very good reason, and that reason does not serve your best interests.

On Spotting Frauds: Whenever you wish to know whether someone can be trusted, always remember this golden rule..."a man is judged by the company he keeps."

This is a very important rule to remember because con men almost always belong to the same network.

You will see the same con artists referencing each other, on blog rolls and so forth.

  • How to Think Clearly
  • STOP Being Taken
  • Media Lies
  • Why Stathis Was Banned
  • Rules to Remember
  • X close

Opening Statement from the December 2012 Intelligent Investor (Part 4)

It has been more than three years since leaders from the G20 gathered in London to discuss solutions to the financial crisis and global recession. This meeting also called on experts to devise ways to prevent this catastrophe from ever happening again. Since that time, we have not seen an end to the financial crisis or the recession. Indeed, we have seen no evidence to suggest that the financial system is substantially safer today than prior to the financial crisis.

While U.S. banks are in a somewhat safer position due to extensive deleveraging, largely with the assistance of taxpayers and the Federal Reserve, numerous links to the highly leveraged European banks exist.

Needless to say, there have been no significant changes made to the financial system to prevent such a historic collapse from happening again. At the heart of the matter of prevention is addressing the issue of moral hazard. The first step necessary to prevent fraud of this magnitude from ever happening again is to hold those most responsible for this financial apocalypse accountable for their actions.

Pervasive Wall Street greed and arrogance led to blatant fraud that has negatively impacted the lives of hundreds of millions of people. For this they should face the death penalty. We have seen too many scandals to list; scandals which continue to this day. Yet, not one single executive is even in prison.

The second step required to prevent another financial meltdown is to seal all avenues of fraud through proper legislature and regulatory guidance. Here too, individuals responsible for overseeing the securities markets should be held accountable for fraud, negligence and incompetence. If they are not willing to be held accountable for their actions, they are not qualified to hold the position of authority. Unfortunately, none of these requirements have been met. Wall Street reform was a huge disgrace and will prevent nothing.

IMF, OECD, World Bank and most Wall Street economists continue to revise 2012 and 2013 growth estimates downward, much as we predicted. Meanwhile, recently at the annual meetings of the IMF and World Bank, European officials pointed the finger at these banking organizations for causing the economic problems to become much worse as a result of their approach to austerity. We have been critical of the IMF’s misguided approach to austerity for nearly two years. 

During this meeting, the IMF took the opportunity to try and dig itself out of the ditch it created. IMF officials presented new “research” that counters its previous policy mandates; the same mandates that have destroyed the economy in Greece and Spain, and caused much of Europe to enter recession; namely that fiscal consolidation has a much sharper negative effect on growth than previously thought.

According to the IMF, since the global financial crisis, these so-called fiscal multipliers have been as much as three times larger than they were before 2009. In other words, the aggressive austerity measures laid forth by the IMF as required for funding may inflict deep economic wounds that make it harder for an economy to get out from under heavy debt burdens.

“It is sometimes better to have a bit more time,” IMF Managing Director Christine Lagarde said. “That is what we advocated for Portugal; this is what we advocated for Spain; and this is what we are advocating for Greece.”

This is one of the most obvious white washings we have witnessed from the IMF. The IMF was solely responsible for the aggressive austerity measures in each of these nations. Only after causing irreversible damage has it come in and provided officials with more time. Why is no in the media discussing this?

Due to excessive government debt levels and contingent liabilities, fiscal consolidation remains an essential priority in most advanced nations. However, as we have cautioned in previous publications, the proper balance between growth, sustainability and fiscal discipline must be emphasized. Nations must guard against excessive fiscal consolidation alongside private sector deleveraging, as this could reduce demand sufficiently to create a deflationary spiral. 

The need for households and banks to deleverage remains as important today as it was three years ago. Households must pay off debt and accumulate savings. Banks must sell off assets, build higher capital buffers, reduce bad loans and find more stable funding sources. At the same time, deleveraging must proceed in a manner that minimizes a reduction in demand. This is a particularly important goal in Europe because we feel that the region will face many years of deflation. The U.S. has the petrodollar so sustained deflationary periods are unlikely.

Recently the Federal Reserve initiated even more quantitative easing expected to last through early 2014. This would expand the Fed’s balance sheet from the current $2.9 trillion, to a whopping $4 trillion. Most of the purchases are expected to come from the mortgage market, making the U.S. government a near virtually sole player in holder of mortgage debt.

While the Fed’s “open-ended, target-centric” monetary easing schemes will certainly push mortgage rates and Treasury yields down even further, we do not expect banks to ease up on loan or refinancing criteria. That means only those who refinanced over the past couple of years or those with stellar credit, a stable job and a substantial amount of positive home equity will be able to refinance. Of course, these are the individuals who need refinancing the least. 

Additional easing is required in the euro zone, Japan and emerging markets. However, such unconventional means of easing carries downside risks. Moreover, this strategy is counterproductive to the deleveraging process. Thus far, with a few exceptions, inflation has been contained. It is thus vital to strike a delicate balance between growth stimuli, deleveraging and inflation containment. It’s all about optimizing growth at the lowest possible risk.

Growth in advanced nations is being hurt by a misguided approach to fiscal consolidation and a weak financial system. For most advanced nations, economic growth is too slow to decrease the unemployment rate significantly.


Growth is being helped by an unprecedented loose monetary policy. However, the financial system continues to receive a disproportionately high share of the benefits of this easing. Banks are deleveraging but continue to shy away from loans to consumers and small businesses. Even the record-low mortgage rates are not benefiting the general economy because lending standards have not been readjusted to account for the chronic economic problems.

Overall, the global economy has been weakening throughout most of the year. Now consumer confidence is weighing down on the economy. The confidence issue is vital right now. Consumers are becoming more pessimistic for economic factors alone. However, pessimism has continued to rise due to political gridlock. Since the financial crisis in 2008, the ineffectiveness of political leaders has been endemic throughout much of the globe.

Canadians are showing more vulnerability to a potential economic downturn due to the emphasis on real estate as their primary asset base. Household debt as a percentage of disposable income is now comparable to levels seen in the U.S. and U.K.

We surveyed the Canadian housing market approximately one year ago and concluded that it was overvalued and would correct. However, we would not see the type of correction as in the U.S. We also concluded that his correction would be likely to manifest after a period of weakness in the commodities and natural resource markets.

Recently, a research report stated that the average home price in Canada is around $360,000. This is twice the amount in the United States. Clearly, this disparity is not sustainable. Thus, the Canadian dollar must fall, U.S. home prices must increase, or Canadian home prices must decrease. We believe we will see a combination of all three of these scenarios, with a greater emphasis on a decline in Canadian home prices.

The slowdown seen in emerging economies is a reflection of the recession in Europe. Low growth and uncertainty in advanced nations is causing a decrease in exports from China, which is stunting this nation’s growth. Nations highly depending on China’s export trade are experiencing weakness, such as Germany, South Korea, Taiwan, Indonesia and others. Growing tensions between Japan, South Korea and China regarding territorial disputes are also adding to the problems.

Euro problems continue. Euro banks are also weak, but due to links with U.S. banks, there could be another financial crisis in the U.S. Government bond yields in Europe remain high in many EU nations due to bank solvency concerns. Moreover, high government debt ratios are also pressuring yields. Finally, investors and depositors fear a Greek exit would trigger an exit by Spain and Italy. Some even fear Germany will exit the euro. All of these scenarios are very possible.

Europe continues to push forward with a comprehensive banking union as well as fiscal integration. But resistance remains by many, as this would remove the last pillar of sovereignty of euro zone member nations.

We anticipate the recession in Europe to extend well into 2013. We expect unemployment to increase in the region. Much of the developments will depend on the path of austerity from here. Again, we believe the EU and EMU serves only the banks and corporations while robbing the people and nations of their sovereignty. Quite simply, no one wants to be left standing when the music stops.

In conclusion, nations running current account deficits must focus on fiscal consolidation, private sector deleveraging, and creating a sustainable roadmap to growth and an enhanced competitive stance. Nations with account surpluses should focus on boosting domestic demand through investment in infrastructure and other projects that will boost productivity. These nations should also enhance and expand their social safety nets.

Economies around the globe will need to work through the challenges of aging populations, increasing age-related spending, lower pension funding ratios, lower economic growth and high debt. Throughout this difficult period, asset price volatility will continue, as global risks remain elevated. In a couple of years, a new phase of challenges will surface, as interest rates begin to rise.

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