By now, you are getting to know the Taipan Group’s news junkie, Ian Cooper, quite well. He has written more than a few columns for Fear and Greed readers and is always willing to share his thoughts on the latest profit-making opportunities.
There’s no arguing with Ian when he feels strongly about an issue. And if his keen sense of media intricacies and their impact on the stock market are this spot on, what else is going on in that head of his that you should be aware of?
Last Friday, Ian, the chief editor at Extreme Volatility Speculator , told Fear and Greed readers: “Even after studying the behavioral tendencies of mass-media gatekeepers, I’m still shocked by their audacity, thinking we’re naive enough to believe in an August 22, 2006 apocalyptic event.
“But the fear -- implanted into the American psyche by the trusted media -- could help spike oil prices back to record highs. In fact, I would use this week's end of travel-season-induced oil pullback to buy into oil companies, and even alternative fuel companies, which stand to rebound on high oil. You can thank Islamic scholars for starting the media obsession with an apocalyptic event of August 22, which has deep roots in Quranic mythology.
“Reportedly, that date is ‘known in the Islamic calendar as the Night of the Sir'a and Miira'aj, the night Prophet Mohammad ascended to heaven from the Aqsa Mosque in Jerusalem on a Bourak...’
“The Night Journey ‘is central to Islam's claim to Jerusalem as an Islamic holy city,’ according to FrontPageMag.com. Expect for the media to play this up during the week of August 22 and parade so-called reliable sources through the American media outlets, driving fear through the heart of the American psyche and sending oil prices skyrocketing on fear alone.”
And wouldn’t you know it, Ian was right. The important date of August 22 is being touting across television screens, newspapers and airwaves across the world.
-----------------------advertisement-----------------------
***A Newly Created Investment Fund Has Just Gone Public!
This exclusive fund is offering investors the chance to pocket 80% a year for at least the next 12 years. It's all possible thanks to a growing consumer class spending billions every year on cars, houses, vacations and more. Now you can own three of their favorite emerging stocks.
Now is the time for you to meet The Money Class...
http://www.isecureonline.com/reports/DEN/EDENG802/
---------------------------------------------------------------
But Ian’s not one to toot his own horn. He simply tells me, “The media thinks we’re stupid. Add a bit of fear into the daily medley of media coverage, and a few million concerned citizens will show up at the media doorstep, trembling with anticipation of what’s to come. Fear sells, just as much as sex sells.”
Yesterday, the headline of DrudgeReport.com read, “Concern for Tomorrow.” The big, bold letters were linked to an ABC News story asking if Tuesday was Doomsday.
Even the markets were rattled by the date, which marks the deadline for Iran to give up its nuke plans. Oil rose close to $72, and gold ran up about $11 on the day, mostly because of fears over Iran’s possible actions.
What else is Ian hiding in that head of his? For one, Ian tells me he just uncovered a $4.50 stock that rivals Hansen before its record-shattering climb. I am sure he will be telling us all about it in the future.
For now, keep an eye on the headlines. Ian will be using them to make his Extreme Volatility Speculators some serious profits.
Enjoy your Tuesday.
Andrew Snyder
Executive Editor, Fear and Greed
Comments