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When I first founded Weiss Research back in 1971, my vision was to provide investors like you the most reliable advice on where and how to invest your wealth in any market imaginable —Â booms, busts, recessions, or depressions. Even in a world gone mad.
And, unfortunately, a world gone mad is precisely what we have today: A Dow that bows to China’s stock market crashes. A government baffled by the whims of ISIS terrorists. Big oil stocks beaten to a pulp by Saudi Arabia and the worst price collapse of the century.
As a result, we have …
A stock market that ended the year flat-lined; stock volatility that makes your head spin; and stock market dangers that keep you up at night. Truly frightening times.
But my team and I have found an alternative: CURRENCIES, the most liquid market on the planet and a wonderful opportunity to truly diversify to a world that’s far removed from stocks.
Moreover, we have found two of the world’s most successful currency experts to help guide you.
I am pleased to announce the two newest members of the Money and Markets team: Kathy Lien and Boris Schlossberg.
You may recognize Boris and Kathy from CNBC’s Squawk Box, among other programs. They are two of Wall Street’s leading experts on global currency trading, or Forex.
Forex markets are open 24 hours a day, 6 days a week, all around the world. That means there’s almost always a market open, and profits to be made; both in the short and long term.
In fact, currency trading can be the ultimate investment vehicle in a world gone mad.
Here’s the key: For stocks, major trends like a global downturn or the spread of terrorists are fundamentally bad.
But for currencies, there’s really no such thing as “good” or “bad.” Any global event — whether tremendously beneficial or horribly catastrophic — is simply and purely a market force that invariably makes some currencies go up and others go down; that generates trends and profit opportunities.
You could see a great bear market in stocks. You could see ISIS reaching its tentacles around the world. You could see the splintering of the European Union or the utter collapse of the energy sector.
All of these events would be shocks to average investors. But none of them affects, by one iota, the profit opportunities in currencies.
One reason is simply that currencies always trade in pairs. Every currency is invariably measured against another currency. Like opposite sides of the same see-saw, when one goes down, the other must go up.
In that sense, currencies are unique — in a world of their own.
Currencies are the only investment vehicles that continually offer profit opportunities regardless of anything else that might be happening in the world.
Moreover, market volatility — including all the frightening things we see in today’s headlines — is always GOOD for currencies.
In fact, that volatility ensures that the value of currencies will rise and fall against each other and that those moves can be enormously profitable.
It helps ensure that there will almost ALWAYS be a strong bull market in currencies, even when stock and bond markets are falling, even if we see another crisis like 2008-2009, when nearly everything (except some major currencies) fell in value.
For currencies, Kathy Lien and Boris Schlossberg are, in my view, the best. They are the Managing Partners of Wall Street’s BK Asset Management. In 2015, they won 93 out of 114 Forex trades, an unparalleled 81.6% success rate.
We’re delighted to have them on board, and their credentials truly speak for themselves:
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Kathy Lien is a leading currency expert with more than 15 years of Forex market experience. Frequently called a trading prodigy, Ms. Lien graduated NYU Stern School of Business at just 18 and immediately started working on the Forex desk at JPMorgan.
She started the #1 Forex news site, DailyFX.com. She’s now a regular contributor to CNBC’s Squawk Box. And she was formerly a host of CNBC’s Forex show, Money in Motion.
Her internationally-published bestselling book, Day Trading and Swing Trading the Currency Market is now in its third edition. And her extensive experience in developing trading strategies using cross-market analysis has earned her worldwide recognition.
Kathy has taught Forex to thousands of traders and is invited to Asia and Europe multiple times a year to conduct beginner and advanced workshops.
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Boris Schlossberg is a weekly contributor to CNBC’s Squawk Box plus a regular commentator for CNBC Asia and CNBC Europe.
His daily currency research is quoted by Reuters, Dow Jones, Bloomberg and Agence France-Presse newswires and appears in numerous business publications and newspapers worldwide.
He has written for SFO Magazine, Active Trader and Technical Analysis of Stocks and Commodities.
Plus, he is the author of Technical Analysis of the Currency Market and Millionaire Traders: How Everyday People Beat Wall Street at its Own Game, published by John Wiley & Sons.
Boris’ extensive experience in trading and developing trading techniques provide the foundation for BKForex’s strategies.
I think of them as two beacons in a world gone mad.
In the coming days, the Money and Markets team and I will be discussing all of the profit opportunities available in Forex trading, and why now is the optimal time to begin. So be sure to check your inbox tomorrow, for a special message from Boris and Kathy. It could prove to be the most important thing you read all year.
Good luck and God bless!
Martin
Dr. Weiss founded Weiss Research in 1971 and has dedicated his entire career to helping millions of average investors find truly safe havens and investments. He is Chairman of the Weiss Group, which includes Weiss Research and Weiss Ratings, the nation’s leading independent rating agency accepting no fees from rated companies. His last three books have all been New York Times Bestsellers and his most recent title is The Ultimate Money Guide for Bubbles, Busts, Recession and Depression.
{ 43 comments }
Thank you for providing direction in this world of such upheaval.
Is FOREX currency trading for a small non- expert investor in what? What currencies in the world are limited by the issuing countries valuables dedicated to and backing up their currencies and MORE importantly limiting the ability to issue UNBACKED up currency such as the U.S.
Currencies are a waste of $$ so far. My Singapore $$ went down, the USD is too strong, I should’ve sold the Singapore dollar. Currencies are better left to experts
Denise,
One errant trade doesnt mean quit. If you understood the missal above, they were accurate 81% of the time. Conversely, they then had to be in error 19%. That is just under 20% or 1 in 5. So, for example, you goal is to get a similiar ratio, resulting in $500 per day, then you would have to factor in a risk plan that allows for the 1 in 5 loss. Also, just alittle word of advice…stick to the major currencies ie eur/usd, gbp/usd, usd/jpy, aud/usd, etc. Hope this helped.
Paul
I did that with the last “expert” they recommended and lost so much money I was devastated. And the “expert” gave out exact instructions of what trade to do, when to get in and when to get out and they were all trades with the major currencies (USD, JPY, EUR, GBP and AUS). Her advice was a HUGE disappointment. This was also in 2008 and 2009 when there were more clear trends for stocks AND currencies and I would have thought she would be much better than she was. If you’re a small investor and can’t afford big losses, don’t get involved in FOREX no matter who the “expert” is. This other lady supposedly had a better track record than these two. Wish I could remember her name.
Interesting stuff for you /joe
FOREX trading is fascinating and I have found it to be extremely lucrative – to the other side of my trades. I have lost more money in FOREX than anywhere, anything else. So I look forward to seeing what you will have to say on the subject.
I have read Currency Wars by Jim Rickards and this war has been going on since 2010. This War is a race to the bottom in terms of governments devaluing their currencies to boost exports and lessen their respective countries debts. These wars can go on for years and the winner of a Battle ( recent devaluing) does not enjoy any long term benefits and the benefits gained come at the expense of the other countries. Moreover, the BRICS and Shanghai Cooperation countries are trying to distance themselves from dollar reserve Trading. I would think this would be a volatile area of Trade.
Hmmmmmmmm: how do you short a currency trade?
Hmmmmm: maybe we need to know how to short a currency trade.
Just go long the opposite way — instead of AB, BA. If you’re using a currency ETs, short it, or find an inverse cousin.
Diane,
If the first currency is say eur as in eur/usd, then when you take your position, you would click on sell which would indicate you are buying the 2nd currency and selling the 1st,,ex eurusd…selling means you are selling eur dollars and buying us dollars. The opposite is also true,,,when you click buy, then you are buying eurs and selling usd.
Having a service from these two would be totally awesome. Been almost 4 years since Weiss had a forex service and Kathy and Boris is a great choice today.
Martin,
Let me get his straight. Over the years I have subscribed to Safe Money & Real Wealth Report. Over those years every week in the articles there are comments that you, Mike, Larry, & others have stated about the ‘pundits’. Statements like ‘don’t believe what Wall Street is telling you – they are flat out wrong’. Or “don’t believe what the main stream media (CNBC & others) are telling you – they are wrong”. Now you are hiring them?
You’re absolutely right Razor45. Read my comment below if it doesn’t get deleted.
Might be a good addition to Weiss. Although at this point all that seems to be happening is the USD going up. Guess you have to make your money on short term wiggles in the price. Do I smell options? Do I smell another $1700 Weiss trading service? Still, their expertise could be a good thing.
“When blood runs in the streets, buy land.”-Cesare Borgia.
The Borgia brothers of Renaissance-era Florence, figured out how to rig the gold market. In peacetime, gold coins got melted down to create beautiful jewelry and art objects to decorate the home or the church. When war broke out, the demand for coins jumped. Golden jewelry was usually diluted with a little copper to make it strong, and only a gold dealer who owned a smelting plant that could purify gold, would take the art objects in trade. This created a reversal in price. Anyone wiling to hold the jewelry, dissolve it in aqua regia, and recover pure gold, could get a lot of impure gold, by exchanging it for a few gold coins.
Why were the gold coins important in wartime?
Because refugees fleeing the fighting, wanted to buy land somewhere safe, and start life over again. In 1500, the only practical way to carry enough value around, that would buy a few acres of land, was to have a small sack of gold coins.
The Borgia brothers built themselves a small private army of hired thugs, waited for rioting to break out, then used some of the thugs to guard their gold coin stash, Folks fleeing Florence signed over their property and all their jewelry, to get a few gold coins, leave Florence, and move in, anywhere they could buy a house with the coins.
After the rioting had concentrated all the wealth in the hands of the Borgia brothers, rioters who tried to rob them, got killed. Fear of the Borgias’ goons, ended the rioting. The Borgia brothers owned the land and rented it out, and the rioters hsd to go to work and pay rent, or get cut up with a sword if they refused,
That’s how a pairs trade works, when there’s instability. The winner provides something that people need.
Today, we’d all like to put some savings aside, buy something that pays us an income, and retire on the income. The something, usually shares of stock that pay a dividend or sovereign bonds that pay interest, is publicly traded on an exchange, for currency. Just like in 1500’s Florence, when the Borgia brothers were trading, somebody will always be paid to provide liquidity, to folks who are preparing to flee from instability.
We already are pawns in central bankers’ currency business. No matter what nation we live in, we’re mandated to acquire some currency and pay it to our nation’s government as a tax. Staying aware of the currency trading business is a smart move to protect your assets…so why not make some money doing it?
Thanks, Martin, for bringing us Kathy and Boris.
Several years ago you recommended another so-called currency expert with an expensive program, leading readers to believe they could do very well in FOREX. You promoted her as being “the best”. So I signed up for it and lost over $10,000 very quickly following her instructions to the letter before I quit. And since then I’ve never heard another word about her from your company. I’m disappointed you would again promote FOREX to readers without some stern warnings and cautions for small investors like me who really have NO business trading in this very volatile and risky market. I have always respected you, Martin. Honestly, I’m disappointed now.
And what happened to that much-touted German about three years ago — he seems to have disappeared without trace. Martin was putting his own million dollars into something or other — it was all very showy — but what happened to the million? Clearly it didn’t do well otherwise its success would be being shouted from the Weiss rooftops.
I suppose in this business you accentuate the positive (if there is any) and sweep the negative under the very high rug.
Martin seems to have retired from the pundit business but Larry’s still trying it
That’s how it seems anyway.
Yeah, that was the guy who was going to run a Contrarian Subscription and it didn’t do well after inception. Martin questioned him about it but after that there has been absolute silence. You’re right. I’m wondering if all these experts make their “real” money selling their advice and less from their actual investments cause my own results after following for around 10 years now are meager at best, albeit I’m a small investor. Larry sold me last summer on a GLD option put. It was a winner. So when he recommended a new one along the same lines, I took out a slightly stronger position. It failed. No one is perfect, I realize that, but I would appreciate more balance when they do report instead of wild claims to fame giving only the positive side based on a pretend account, not a real one. I also think they should give different advice for subscribers based on when they got into a position and not a one-size-fits-all reco. If you bought GLD when it was $300 you should get different advice to hold than if you bought GLD when it was $1000 or $1200. I would have gladly exited and waited rather than see my positions go negative while following Larry’s advice so faithfully. It would be nice if he and others would qualify their “holds” based on the entry prices (or a range of entries) rather than offer just one based on when it was first recommended. I think that’s where most new subscribers get the shaft because it’s rare to get in at a lower price than when first recommended. That’s more work for them but they would have happier subscribers if the advice was more tailored to old subscribers AND newer subs.
Barb,
a few years ago Martin Weiss appeared in Germany with “Sicheres Geld” (Safe Money). These letter had been based on the failing of the Euro recommending gold, silver and shorts on industries, banks,and insurances, DAX and ETFs. Losses grew and grew (2011,2012,2013).But Martin wrote his readers to cut the shorts half way instead of selling them.So losses went on. Then he wrote, he was sure getting his money back.. Weiss kept on dreaming of s.th. that was never to happen until today. One of his readers wrote in the net: Time has come, that Martin should apologize for his injustifiable conduct..
Today there is still “Sicheres Geld” which claims to be a conservative way of keeping and earning money with nearly no risk because of the oncoming crisis . But Martin disappeared, and so did his assistent Claus Vogt, Munich). Sicheres Geld is now run by other persons. Looking back one can really be disappointed. Reading Martin Weiss before, I respected him. But while his readers lost a lot of money, he did a long lasting profitable job. Now, as wew all know, FOREX is something else. It seems to me that Weiss recommends whatever gives him a chance to.
I hope he will read my comment, too.
Martin !
From my experience I learned the hard way that a small investor/trader does not stand a chance competing with the mega financial traders armed with their super fast computers.
If Kathy and Boris are so successful already, what would tempt them to come to Weiss?
Grag, Very Good point, Ive have looked at these 2 people before I think they have been giving out advise and working for many other people in the Past ? What i have seen from some of there Advice its RUBBISH! It dont work and they move on< I hope people keep in mind that 98% of all people end up loseing there money in FOREX Tradeing in the end ( FACT ) Check it out,
Me I spent 10 years learning this and its far from easy to do or make money because the Banks about 9 of them move the markets for there own ends. Thats why they take the 98% of peoples MONEY,
Do i want to teach anybody NO But I will tell you this i took somebodys account from 32k to 118k today in last 3 weeks over xmas and new year with very little going on in the Forex markets ,
Do i think this is a good move for Weiss ? NO I do not. It will make me be very carefull about anything I read on here from now on. Thats for sure with these 2 giving any Advice at all ? Better of with a lucky dip box I think
Guys … Get your mind around this… Its dead simple… there are millions to be made in FX… so why do these corporate bunnies have to go cap in hand to Weiss and co for a hand out to pay the bills.. as my old Mother used to say..”if you cant do it Teach it” true statements .. Weiss used to be a man to follow.. This is just another nail in the coffin of credibility for me and others..
Hi Martin
There’s a declining level of trust in risky currencies and volatile markets. As investors many retirees families are forced into higher risk because of these low interest rate returns. Most don’t understand the depths of the risks they are taking and have become risk averse preferring to sit it out on the sidelines. The problem is trust Martin. We don’t trust central banks who manipulate currencies by just printing money out of thin air. Someone is going to be left holding a lousy position and that makes many a little more fearful.
Another take on currency plays could be to look at foreign market accounts. This morning I bought some BHP stock in Australia for $15.88 Aussie per share. That gives a further bonus on the exchange rate of about A$0.3 to the US$.
Hi Martin, I am very happy to hear you are bringing on board 2 FOREX experts. I am presently learning to trade the FOREX market and at present am working on stratagey. Its like learning to play a game of cards; you can learn to play(trade) but to be successful you must learn how to trade and make money.(follow rules and be patient waiting for results)
Living overseas I am aware of what governments can and can not do to their own currency and to that of other countries to make things very volatile at times, the recent disconnect of the Swiss Franc from the Euro being just one of many recent examples; not to mention actions by the FED and the IMF to contend with. I should think that Ms. Lien and Mr. Schlossberg will have their jobs cut out for them, and wish them and their readers the very best of success over the coming years. Personally, I will read what I can but not be active in Forex as I am not prone to sitting at the computer 24/7. I do agree with Howard’s comments regarding the AXE, but only for long term holdings and if you feel that the Australian Dollar will strengthen over time. If you buy today and sell tomorrow any potential exchange benefits will most likely be negated.
Well for simpletons like me the answer seems to be to just sit in dollars as i have been since August
Hi Martin,
I think it’s a very good move. First, these 2 are very known expert in the matter. Secondly, Forex or Future in currencies are the only way to edge mixed portfolio. If someone has only $ it doesn’t matter until the dollar tumble, and perhaps they need the $ after abroad. In today word, we can’t just think about $. Just being exposed in USA$ , AUS$ and euro pose a big question, and from the next year we have also the Chinese Yuan. If we think what happened to the Swiss franc, can happened to any currencies, it depends only what
the central banks will do ! For the moment, I’m just curious to see what they have to say !
Yea/Currency moves not very accurate at Weiss in the past >>
Prediction that US Dollar and Euro to reach parity well off the mark..
The collapse of Europe well off the mark.
Good idea id Weiss instigated look backs after a prediction failure?Outline why and how the analyst got it wrong >>
The policy at Weiss seems to be to move on to a new prediction and never mention the failure again>
I expect that we will hear from these experts in near future on their take on the currencies.Dont wait too long !!
John
I agree completely that currencies CAN provide good returns. I changed £20K into dollars in November for the purpose of buying US stocks; I am up a couple of hundred pounds on the stocks, but I am up almost £1K on the currency movement. However, serious FOREX trading needs guidance, I believe
Hi Folks…I would not recommend diving into the FX market…it takes years to gain the experience, years of losing money before you can nail it…I have been trading FX since 2002…I scalp using the 1 minute chart…something else that sounds exciting…it is, and it can be frightening too…again, not before you have a few years of experience…the first Friday of the month is the NFP figures (non farm payroll figures)…if you want to see how frightening FX trading can be…tune in on February 5th at 08:30 eastern time..and on the Wednesday preceding for the AFP numbers, you’ll find both on Forexfactory.com/calendar……..movements are violent and only for the experienced trader….I can make 4 figures most nights…most…sometimes I make 5 figures…but don’t be fooled…it takes years of pain to get to this stage..I usually double my pot every couple of days…then get too cocky and lose a chunk…I’m stupid, I break the rules..cant help myself…and that is fatal as any experienced FX trader will tell you…but I’m 78…and enjoy the buzz…lol…if I really did control my trading I could double my pot every week at least..gradually increasing the number of lots, a rough guide is 1 lot for every $1k…but that is boring…I like to double my position 2-3-4 times in a trade…of course if I didn’t do that, I wouldn’t lose as much, but it wouldn’t be as much fun…hehehe…if you are into position trading…(Talk about boring) you might use another position going the opposite way (A hedge) instead of a stop….then when the move has exhausted its self..exit the hedge and scoop the profit …this is where you would have mitigated most of the loss against your original trade…..you then wait for your original trade to recover…this again is for the experienced FX trader …but it will come…you just have to make a start…bye the way..if you double your pot every week, starting with $1k…after 12 weeks…well, you work it out….Over the years I have developed a method of trading that is almost fool proof….sometimes it feels like taking candy off a child, well…someone has to lose for me to make a profit, so keep it up folks…..if you have the discipline…you will make far more than I do..but you wont have as much fun…cheers
Thank you for your honesty. Like options, FOREX is extremely risky. One also has to consider one’s age and income from other sources and arrive at a risk/tolerance level that makes sense for them. At my age I probably shouldn’t be in the market at all because every poor trade is more dangerous for me at 71 than for a young person with a career and many years to recover. So I hope readers factor these cautions into their planning as we’re only going to hear a bright, rosy story on these experts and it’s easy to get caught up in the “hype” without ever seeing the downside potential.
I have no comment, because the fore- going comments say it all.
If the experts are so good why do they need to sell their services? following their own advice they could be millionaires in a short time.
Exactly A.J.Close…Kathy and Boris are the real deal…but I know of many people in a club that I started 15 years ago…they wasted thousands on courses…I’m afraid that it is something that you either have it or you don’t…learning what not to do is the most difficult one to master…I still make stupid mistakes..time after time…you would think I would learn…lol…………cheers
True that the FOREX market is the most liquid and largest, also easiest to trade and strategically provided one has a good grasp of “technical analysis†along with some sound understanding of “fundamental analysis†as it relates to currency pairs and geopolitical forces that create greed and fear and the role certain resource commodities and benchmark currencies play in shaping the currency price patterns and “pairing-off “ and trending at any given time in the market place.
However, despite having the potential to create good returns for a savvy trader, all instruments traded OTC especially FOREX are exposed to extreme counter-party risks as being the darkest side of currency trading unless you are trading currency futures or Options off an exchange/ exchanges.
So I am sure many of us are eager and looking forward to what advice Kathy and Boris have to give us on this elephant in the room; “counter-party risks”, insolvency, chapter 11 bankruptcy we see often associated with misuse of customer funds (trading float) meant to be kept in “segregated accounts” but most often without the strict oversight present when trading off major exchanges and “market maker†vigilance. Yes’ and one might argue that there are market regulators but unfortunately all OTC transactions often seem to be off the radar and even when alarm bells go off, the regulators sometimes seem to abandon their fiduciary duty and look the other way putting the blame squarely back on the individual trader and investor for risking their money, when in fact the trader is trading diligently and being responsible at maintaining their own account liquidity and safety???
Hence why many of us despite the awareness of the opportunity of liquidity that exists in the FOREX market, tend to gravitate back to more strictly regulated “major exchanges” trading and instruments which are mostly Stocks, ETFs, Equities, some options, etc etc.
I noticed on the stocks with the largest gains had very close to the same fields of success.
1. Low PEG, 2.High [over 20%] expected long term growth, 3. Low D/C, 4. Products that were innovative, 5. Good Margin and not the big Co’s like J&J, MSFT. but Co’s like AAPL.
These seams to be what the market is keying in on.
I noticed that a lot of health care [especially Pharm’s] were taking a hit today.
I am looking for about 15% of the stocks to carry the market this year and about 85% witn no gain or loss for the year. The key is to be sure that that the right 15% or chosen.
Best Regards,
WARREN BEELER
I tried forex trading for 9 years and even went to a “course ” in London if you can call it that to learn.
I have used various indicators touted by the guy in London who said he had worked for a large international bank before.
Spent a lot of money and the takeaway is this.
If you are not prepared to lose money in forex, than you will never win..
Some of the most effective traders lose more than they win but the wins are big and the losses small. This is much easier said than done.
For me, I just stay out.
Yeah that’s what I was taught. Meanwhile the “expert” kept building up the losses – and more losses – and the gains didn’t even begin to exceed the losses. It’s not for small investors, for sure. Wish they had made FULL disclosures before sucking us in.
What is the annual fee of the newsletter
Hi Martin
W. E. Donoghue & Co., Inc. (WEDCO) has $1.6 billion under management mostly in three mutual funds sold mostly on a no-load basis through investment advisors mostly in a defensive position (mostly cash) we took six months ago.
As you know I was a part of your father’s Sound Dollar Committee and started advising institutional investors as early as 1970 and have been publishing investment newsletters since 1978.
Bill Donoghue
If we can help, please