An excerpt from Eric Wade's new book... Get familiar with Laborism... America is not working for Americans... Get the book now... Also, introducing Diamond's Edge... Exclusive insight from Greg Diamond... [Stansberry Research Logo]
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[Stansberry Digest] An excerpt from Eric Wade's new book... Get familiar with Laborism... America is not working for Americans... [Get the book now](... Also, introducing Diamond's Edge... Exclusive insight from Greg Diamond... --------------------------------------------------------------- Editor's note: If you're familiar with Stansberry Research senior analyst Eric Wade's work, you know that he believes America is not working for everyday Americans. From the largest "wealth gap" in U.S. history to the constant devaluation of the dollar and more emerging concerns, Eric says it's all evidence that capitalism is broken... We need a new system, Eric says, to fix these seemingly intractable problems. It's a system built around people rather than capital, in which the greatest commodity isn't cash, but work... and a system in which Americans at every level of society and government are working together. Eric calls this idea American Laborism... and he has written an entire book, America vs. Americans – which launched today – that presents the broad concept and his detailed, step-by-step plan to put it into action. In short, Eric believes America can implement this new economic system. And he presents a compelling case that includes an asset-backed currency, a smaller government that works for everyone, and the kind of innovative technologies Eric covers for Stansberry Research subscribers in Crypto Capital and Stansberry Innovations Report. Today, to celebrate the debut of Eric's book, we're sharing an excerpt from America vs. Americans that introduces his ideas... And, if you're interested in learning more, we encourage you to grab a copy for yourself. The book is [available for purchase on Amazon here]( and at many other booksellers. It's already earning positive reviews, like from Kirkus Reviews magazine, which described it as "an enticing look at government reformation that manages to bring something new to the table." --------------------------------------------------------------- This is a conversation about American Laborism... This has nothing to do with the Labor Movement, organized labor, the British Labour Party, or going into labor. American Laborism is a new economic system for managing the entire U.S. and therefore a replacement for capitalism. American Laborism respects labor in the way that capitalism respects capital. Labor is in turn respectful of the individual in ways that capital never could be. Capitalism may seem American but is clearly not in the best interest of all Americans. Capitalism has its merits. But it also has shortcomings, which most obviously led to where we are today, with the largest wealth inequality gap in American history. It is the goal of American Laborism to fix that... Therefore, this book is for workable, low-tax capitalism for those who want it and a dignified, healthy, happy, and fulfilled life for everyone at the very least. I hope to introduce you to an economic system that may sometimes feel familiar and yet also challenges you to believe it is still a dream that could be possible. I predict that the readers of this book will almost immediately self-segregate into two camps: those who are sure this is an impossible, silly, overly simplistic economic dream, and those who see common sense and perhaps merit in these pages, along with hope for a fair, prosperous, and peaceful future. Even though this book is meant as an introduction to a new economic framework (which ordinarily would be expected to appeal to a highly educated audience), in this case the ideas are more geared for readers with little to no formal economic background or education. Readers, however, who do have common sense. That's simply because American Laborism, as you'll see, is a simple, unassuming, uncomplicated framework that any society could immediately implement. In fact, it's so simple that I've laid out everything you need to know in chapter 1. It is this chapter that will make sense to ordinary people. Who are these ordinary people?... Folks who know the value of their own labor and are willing to accept that everyone else's labor has value too. However, ordinary people are no longer able to influence policy or determine what rules they'll live under, and they are woefully unlikely to regain these luxuries any time soon. Therefore it's necessary to expend numerous further chapters rebutting the "intelligent" arguments undoubtedly held by people who will bemoan the unfairness, poverty, and inequality inherent in our present system while simultaneously adding power to that same system. It is those people, the most powerful and the best educated, who will, I'm certain, require seventy thousand words to understand what ordinary people will grasp in fewer than two thousand words of chapter 1. In other words, this book will make sense to people who have common sense... and it will anger, annoy, and befuddle people who believe themselves to have uncommon sense. So be it. Read this book with a mind willing to accept that we, as Americans, can have everything we want, while simultaneously ensuring that we all – even the least among us – live dignified, meaningful lives. The answer is here. It's not just possible; it's easy. Before I present the succinct explanation of American Laborism and the longer explanation for those who can't accept how simple it is, I feel it's important to make something clear. I'll explain American Laborism in the context of life in the United States of America... This is simply because I believe America can do this, and frankly, I believe America desperately needs it. If a sufficiently brave politician stepped forth to lead America through the transition to American Laborism, it could be achieved as quickly as laws could be written and regulations changed. As of now, America is not working for Americans. Sadly, reducing regulations is not something that America can implement immediately without a monumental change like American Laborism, as we are a country that has lately begun to favor bloated laws and immense numbers of regulations. But when I say Laborism could be implemented quickly, I believe it really could be. After America adopts Laborism, there is no reason that the rest of the world wouldn't immediately follow. And frankly, I would expect that to be extremely rapid, because as you'll see, Laborism would make America so much more efficient, competitive, educated, militarily strong, and low-taxed that no country in the world could compete with it. Their only hope to retain their best, brightest, and hardest-working citizens would be to switch to Laborism themselves. That is not an outrageous claim! American Laborism will soon provide the following benefits: - Low taxes
- Unlimited, lifelong education
- A strong military
- Zero involuntary homelessness, starvation, or malnutrition
- A sound currency, backed by assets such as gold Most importantly, Laborism will enjoy enthusiastic participation by all citizens of America, be they rich or poor, young or old, liberal or conservative. American Laborism isn't just a replacement for capitalism. It's an upgrade... Every human has the right to live a life of dignity, to contribute, and to ensure that their basic needs are respected by their society. I've made a great living under capitalism... but it has failed us. American Laborism, however, can improve the lives of every member of our society by bringing upward the least among us without bringing down anyone else. And when I say that, I mean it locally, nationally, and globally. I'll go into more detail in later chapters. And again, if you find all this impossible to believe, I think chapters 2 to 15 can convince you. [Click here to grab a copy of the book with all the details](. Diamond's Edge: Be Ready for a Top Today, we're also debuting a new feature that you'll see each week in the Digest – Diamond's Edge, an exclusive market analysis from Ten Stock Trader editor Greg Diamond. We've heard from subscribers. You want to hear more from Greg... Well, he has agreed to oblige. Each week, Greg will share an update on a part of the market that's on his mind and give insight into how he puts his technical analysis to work on making trades in his Ten Stock Trader service. Up first, Greg is looking for a "topping-out process" to start in stocks, and he explains why... [Click here to watch or listen]( to this brand-new video from Greg right now. For more free video content, [subscribe to our Stansberry Research YouTube channel](... and don't forget to follow us on [Facebook]( [Instagram]( [LinkedIn]( and [X, the platform formerly known as Twitter](. --------------------------------------------------------------- Recommended Links: ['This Is How I'd Invest $1 Million']( "This is how I'd invest $1 million right now," says legendary investor Whitney Tilson. He's posting a new portfolio of stock picks for 2024. He isn't buying the Magnificent Seven... or putting an equal amount of cash into each. Instead, he's using the Monte Carlo Method to see which of 4,817 stocks could double your money. [Click here for the full details](.
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--------------------------------------------------------------- New 52-week highs (as of 2/5/24): AbbVie (ABBV), ASML (ASML), Berkshire Hathaway (BRK-B), Ciena (CIEN), Costco Wholesale (COST), Salesforce (CRM), Intuitive Surgical (ISRG), Eli Lilly (LLY), Novo Nordisk (NVO), O'Reilly Automotive (ORLY), Phillips 66 (PSX), VanEck Semiconductor Fund (SMH), Spotify Technology (SPOT), Stryker (SYK), ProShares Ultra Semiconductors (USD), and Health Care Select Sector SPDR Fund (XLV). In today's mailbag, thoughts on what the Federal Reserve might be up to, which we wrote about [in yesterday's edition](... As always, send your comments and questions to feedback@stansberryresearch.com. "Is accelerating increases in federal borrowing inflationary? "The first third of Fiscal 2024 ended 31 January with debt now a handful of billions of dollars above $34 trillion, a cool increase of a handful of billions above $1 trillion, a borrowing rate accelerating to over $3 trillion for this fiscal year. That's a cool $36 Trillion DEBT balance right before election day. "I think the Fed has been reading the Treasury DTS [[Daily Treasury Statement]( which summarizes cash and debt operations of the federal government] just like I have. They could well be considering a rate INCREASE to cool the economy down... about early fall maybe? Also, [quantitative tightening] continues I believe." – Subscriber Dana G. "My opinion won't change Fed policy but it seems that with global GDP coming in near or below the IMF's forecasts and with inflation trending down the Fed could have begun cutting rates by at least .25 percent based on the macro trends. Keeping rates at this level might force a recession to materialize and future cuts will be viewed as trying to revive the economy just as China is struggling to do. "Pressure of higher rates on smaller companies and with layoffs from larger companies to maintain margins is not beneficial for America. The impact on government debt interest service is a huge problem being made worse by higher rates. The entire real estate sector is being put at even higher risk which we've seen turn into a crisis in China... "We should try to understand how the pandemic was a 'black swan' type of event that we should not try to fix using rates so aggressively. There are many companies which are able to ignore these rate hikes while many other companies are being forced into bankruptcy. "With this said, [cuts later] will be done for a far different desperate motive rather than rate cuts now while our economy remains resilient. Our markets are basically back to the levels before the hikes. That's why dovish policy now would be a positive step without creating overblown economic concerns. We just saw bond traders creating what it would look like had the Fed cut rates. The market is clearly sending a message to our Fed! Just my humble opinion." – Subscriber Rodger G. Good investing, Eric Wade
Los Angeles, California
February 6, 2024 --------------------------------------------------------------- Stansberry Research Top 10 Open Recommendations Top 10 highest-returning open positions across all Stansberry Research portfolios Stock Buy Date Return Publication Analyst
MSFT
Microsoft 11/11/10 1,343.2% Retirement Millionaire Doc
MSFT
Microsoft 02/10/12 1,285.4% Stansberry's Investment Advisory Porter
wstETH
Wrapped Staked Ethereum 02/21/20 1,011.3% Stansberry Innovations Report Wade
ADP
Automatic Data Processing 10/09/08 895.6% Extreme Value Ferris
WRB
W.R. Berkley 03/16/12 741.4% Stansberry's Investment Advisory Porter
BRK.B
Berkshire Hathaway 04/01/09 592.8% Retirement Millionaire Doc
HSY
Hershey 12/07/07 478.7% Stansberry's Investment Advisory Porter
FLUT
Flutter Entertainment 08/01/19 437.8% Stansberry's Investment Advisory Gula
AFG
American Financial 10/12/12 414.2% Stansberry's Investment Advisory Porter
BTC/USD
Bitcoin 01/16/20 374.2% Stansberry Innovations Report Wade Please note: Securities appearing in the Top 10 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the model portfolio of any Stansberry Research publication. The buy date reflects when the editor recommended the investment in the listed publication, and the return shows its performance since that date. To learn if a security is still a recommended buy today, you must be a subscriber to that publication and refer to the most recent portfolio. --------------------------------------------------------------- Top 10 Totals
5 Stansberry's Investment Advisory Gula/Porter
2 Retirement Millionaire Doc
2 Stansberry Innovations Report Wade
1 Extreme Value Ferris --------------------------------------------------------------- Top 5 Crypto Capital Open Recommendations Top 5 highest-returning open positions in the Crypto Capital model portfolio Stock Buy Date Return Publication Analyst
wstETH
Wrapped Staked Ethereum 12/07/18 2,053.7% Crypto Capital Wade
ONE/USD
Harmony 12/16/19 1,092.4% Crypto Capital Wade
POLYX/USD
Polymesh 05/19/20 1,037.8% Crypto Capital Wade
BTC/USD
Bitcoin 11/27/18 1,031.5% Crypto Capital Wade
MATIC/USD
Polygon 02/25/21 829.4% Crypto Capital Wade Please note: Securities appearing in the Top 5 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the Crypto Capital model portfolio. The buy date reflects when the recommendation was made, and the return shows its performance since that date. To learn if it's still a recommended buy today, you must be a subscriber and refer to the most recent portfolio. --------------------------------------------------------------- Stansberry Research Hall of Fame Top 10 all-time, highest-returning closed positions across all Stansberry portfolios Investment Symbol Duration Gain Publication Analyst
Nvidia^* NVDA 5.96 years 1,466% Venture Tech. Lashmet
Microsoft^ MSFT 12.74 years 1,185% Retirement Millionaire Doc
Band Protocol crypto 0.32 years 1,169% Crypto Capital Wade
Terra crypto 0.41 years 1,164% Crypto Capital Wade
Inovio Pharma.^ INO 1.01 years 1,139% Venture Tech. Lashmet
Seabridge Gold^ SA 4.20 years 995% Sjug Conf. Sjuggerud
Frontier crypto 0.08 years 978% Crypto Capital Wade
Binance Coin crypto 1.78 years 963% Crypto Capital Wade
Nvidia^* NVDA 4.12 years 777% Venture Tech. Lashmet
Intellia Therapeutics NTLA 1.95 years 775% Amer. Moonshots Root ^ These gains occurred with a partial position in the respective stocks.
* The two partial positions in Nvidia were part of a single recommendation. Editor Dave Lashmet closed the first leg of the position in November 2016 for a gain of about 108%. Then, he closed the second leg in July 2020 for a 777% return. And finally, in May 2022, he booked a 1,466% return on the final leg. Subscribers who followed his advice on Nvidia could've recorded a total weighted average gain of more than 600%. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest [click here](. Published by Stansberry Research. Youâre receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.