The next in this series...
[Gilder's Daily Prophecy]
August 28, 2020
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Critical Request Before Sunday Night...
[Graham Summers]( a few seconds to find out about the world's #1 Scholar on the Fed's new research breakthrough…
I call them[“Lunchtime Trades”](... Because they give you the chance to place one simple trade after the market opens in the morning…
And potentially cash out for serious short-term gains by lunch…
My publisher is pulling the video offline this Sunday at midnight.
Please stop what you’re doing for a minute, and [click here now to watch this short clip.](
[Video Prophecy]
The Outsider Trading Scandal
[George Gilder]Dear Daily Prophecy Reader,
Today, I’d like to switch gears. I want to talk about one thing: the outsider trading scandal.
I discuss this topic a lot and it was even featured in a previous Video Prophecy. To see my original thoughts on this you can [go here,]( or simply click on the image below.
Keep scrolling to read more on this...
[click to play](
Onward and upward with the "Outsider Trading Scandal," whereby the Securities and Exchange Commission prohibits investment in anything you know about.
Since wealth is essentially knowledge, regulated information flows can stop wealth creationin its tracks.
Blocking public issues of stock is the pettifoggery of Sarbanes Oxley double accounting rules and Fair Disclosure Act information bans on normal communication. Going public became a festival of lawyers and litigation. Insiders cannot even speak specifically about their companies without elaborate and expensive counsel. The result is only insiders know anything much and an omerta prevails on the first amendment.
Thus, the initial public offering (IPO) route is available only for multi-billion dollar, lawyer-rich deals such as Airbnb and Uber.
The result has been the collapse of smaller tech initial public offerings, the rise of leviathan conglomerates such as Google's "Alphabet" and ultimately a more than 50% shrinkage in 20 years of the number of listed US public companies. There are three times more IPOs in Communist China than under the administrative state of free-market America.
However, it is hard to keep US entrepreneurs down. So now we have an outbreak of Special Purpose Acquisition Companies (SPACs).
These strange beasts circumvent the IPO circus by collecting a choir of venture capitalists, angels and other certified private investors, who join in an echoing "shell." No information leaks out of this vessel until a reverse merger with an entrepreneurial company, hopefully a multibillion unicorn, which receives the funds, captures the symbol, and lists on NASDAQ or other large exchange.
Alternatively, ventures that want to get a public valuation but do not need to raise money in the process can do a "direct listing." Most prominent are music streaming Spotify and Peter Thiel's Palantir, the security colossus.
I have several companies involved in various stages of this process, including some described in detail in Life After Google. I hope to introduce my subscribers to several in coming months.
Regards,
[George Gilder]
George Gilder
Editor, Gilder's Daily Prophecy
P.S. Stop whatever you’re doing and take a moment to watch my colleague Graham Summers on camera. Thousands have already watched this short video that is about his brand-new trading strategy called “2-hour profit windows.” This could have a BIG impact on your finances. [Click here to learn how to take advantage of this 2-hour window.](
The Reagan Video Clip All Americans Must Watch
[Reagan]( revealed his heroes of free enterprise...
One of them being the man who predicted the smartphone revolution.
That same hero is back with a shocking new prediction...
That you could use to your financial advantage.
Who is this legend and what's he predicting?
[Click this link to find out.](
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