iamned.com

EWZ continues to surge …the ‘new era’ is here

Last week in my ‘Are you stupid?’ column I recommended that my readers consider purchasing some EWZ shares at $72. As of 2/1/07 EWZ has closed at nearly $78-a gain of nearly 8% percent in just a few days. In that same period the stock market has surged nearly four percent-in spite of the usual pessimism over so called ‘recession’ and the imaginary ‘credit crisis’ and ‘liquidity crisis’.

EWZ 2 month chart showing a sharp rebound at the $65 level:

Just today some economic numbers were released showing weakening payroll numbers but the markets ignored it, rallying one percent for the day. Why? Cause just like the loser housing numbers it wasn’t a big deal. There is NO problems whatsoever. No major slowdowns in the economy and no shortage of growth. We have massive consumer spending and massive overseas growth. We have a huge web 2.0 internet boom. We’re STILL in a new era of hyper capitalism and spendism. My predictions for 2008 WILL come to fruition.

The stock market will easily make historic highs later this year, and the web 2.0 boom will continue. All the overpaid moronic pundits on TV and the newspapers who were predicting doom and gloom and ‘increased volatility’ and ‘downside risk’ will be proven wrong as they have been since this bull market began in October of 2002. All the web 2.0 bubble heads who mislead people into believing the myth that web 2.0 is just a repeat of the 90’s dotcom bubble will be wrong- just as they were in 2005, 2006, and 2007.

To reiterate, we’re in a global economic boom and emerging markets such as India, China, Brazil, and Russia are at the forefront. This explains why EWZ, a multi-billion dollar index fund of Brazilian stocks, is doing so well. To profit off this revolution you must therefore buy EWZ.

If facebook went public I would immediately sell my EWZ and load up on facebook, but there are no plans as of yet for facebok to go public. Should facebook decide to go public it wouldn’t be too unreasonable to assume that the stock would surge on its IPO, and possibly end the year up 1,000% percent or more, based on its huge revenue growth and web 2.0 hype. However, the closest investment to facebook with regards to the new era which we’re in is EWZ. True, EWZ isn’t an internet company, but the growth of facebook, web 2.0, emerging markets, and EWZ is inextricable.

McCain or Romney will win the election because we’re in a new era lead by the smarties of the new world order. In order for the ’smarties’ who are vested in commodities to continue to make money as they have since the Iraq war began, it is imperative that republican be elected in 2008 so that the Iraq occupation will continue, and oil and other commodity prices will continue to rise. To profit off this inevitability I have been recommending buying the energy select spider, XLE. As the occupation drags on through eight more years of republicanism you can at least be able to profit off the relentless rise in gold and oil prices, even if you oppose the administration.

Americans will elect another republican because family church values are still very important, as well as national and international security. The democrats don’t have such a strong, unifying platform, which is why Bush and Reagan had such successful terms and have encountered weak resistance from the democrats. Contrary to the boo hoo hoo media, the majority of Americans are enjoying a comfortable lifestyle, with easy, plentiful credit. Consumers are still racking up tons of credit card debt and spending exorbitant amounts of money (a term I call spendism) despite the negativity doom and gloom of the media and democrats. We’re in an era of perpetual consumerism, spendism, and materialism.