Learn more
Advanced Search

What I Read Every Day... Now It's All in One Place!

By Dr. Steve Sjuggerud
Saturday, February 14, 2009

Before this year, I started my mornings with a mish-mash of newspapers, newsletters, and magazines...
 
First thing, I'd bounce through the usual suspects, like the Wall Street Journal and Bloomberg.com. Then I'd read newsletters like the Gartman Letter from Dennis Gartman. These three sources are excellent... and worth the time it takes to go through them. But no matter the source, it always takes a while to shuffle through it all to get to what's useful.
 
As I've written before in DailyWealth, my No. 1 Secret to Wealthy Living isn't about having expensive cars, houses, or flat-screen TVs. It's about having the time to spend doing the things I love doing.
 
I don't have time to waste on what's useless to me. I'm always on the lookout for valuable things that save me time. I've often thought "Wouldn't it be fantastic if someone who knows what really works in investing went through all the information out there, whittled it down to what's important, and dropped it in my e-mail inbox or on a website every morning?" 
 
I assumed it wasn't possible... Guys that actually know what works don't waste their time doing this. But the folks at my publisher, Stansberry Research, thought it was possible... And they set about to create it. It's called The Daily Crux.
 
I'm biased here... because I was a small part of helping answer the questions"What's interesting? What's worth reading every day?" They were tough questions to answer... as most books or newspapers aren't worth the time it takes to read them.
 
I was also skeptical. I thought you couldn't get the right team to make this service what it should be. But the gang at The Daily Crux makes it work. It's already the first thing I go through in the morning.
 
In short, every day, the Crux team sifts through the top financial newspapers, magazines, newsletters, blogs, shareholder letters, and research reports. They also get ideas from the best investors we know, like Jim Rogers and Bill Gross.
 
After going through all this stuff, they select only the most valuable news, ideas, and opinions for inclusion on the Crux website. (And Crux "Home Delivery" puts it all in my inbox.)
 
It's a big goal... to be a great financial media digest. The mandate is to pass on "useful, interesting reading you may not have time to find yourself... reading you'll be able to use immediately to make smarter investments."
 
I think the Crux is accomplishing its goal... Outside of listening to a little CNBC on the drive to the office, the Crux is where I get my news in the morning. You hardly need to go through much else.
 
Like I said, I'm biased. I've played a part in its creation. But you have nothing to lose in trying it. It's free. And I think you'll like it.
 
Most importantly, you'll be using your time wisely... you'll save yourself hours per week of reading... AND you'll be a smarter investor.
 
Good investing,
 
Steve
 
P.S. Be on the lookout for our new Sunday edition of DailyWealth... It's brought to us by The Daily Crux. I'd say if you read nothing else during the week, reading the new Sunday edition will make you a more informed investor than just about anybody. 






A BULLISH RATIO FOR GOLD STOCKS

This week's chart is more emphasis on how good the economics of gold mining are today. It's the past eight years in the gold/oil ratio.

Over the past month or so, we've used the gold/oil ratio to make the bullish case for oil. As you can see from the chart, oil is extraordinarily cheap relative to gold right now.

But as our colleague Chris Mayer noted on Thursday, oil is a major cost for gold miners... so cheap oil and expensive gold is bullish for gold miner earnings.

We can't know how long this extreme will last. But for now, miners have the
"wind" of the gold/oil ratio at their backs.

– Brian Hunt

classics recent articles
  • The Best, Safe Investment of 2009 Pays 19% Interest
    By Dr. Steve Sjuggerud Friday, February 13, 2009
    Three months ago, I said you should "take advantage of this no-risk trade right now." I hope you took my advice then... because you'd be up about 10%, including your 4% quarterly dividend payment. If you didn't listen, you're in luck, because the opportunity is still huge...


  • One of the Few Assets That Will Make All-Time Highs in 2009
    By Chris Mayer Thursday, February 12, 2009
    The price of gold miners as a group is off more than 30% in the last year, even though the price of gold has held firm. Add to that mix falling mining costs in 2009, and you have a recipe for explosive earnings.


  • This 'Detroit' Strategy Turns $1,000 into $5,000
    By Tom Dyson Wednesday, February 11, 2009
    My Detroit friend is receiving cash flow. Even if his property fell in price – which it wouldn't – he wouldn't care. He's compounding the income, putting his cash in other cash-producing investments. I guarantee you, in 20 years, he'll be a very rich man.


  • Read This If You're Confused About What the Government Is Doing
    By Dr. Steve Sjuggerud Tuesday, February 10, 2009
    Whenever you get confused about what the government is up to, here's a little secret for you... Just take it back to the basics. Simply ask yourself this...


  • Are We at the Bottom? This Guy Knows the Answer...
    By Dr. Steve Sjuggerud Monday, February 9, 2009
    Many of Napier's indicators of a bottom look good now... He found that corporate bonds bottom first, then stocks bottom, then the price of copper bottoms. Well, corporate bonds bottomed in October. Then stocks bottomed in November. And copper bottomed in December.