A New "Worthless" Theory... With a Perk

Dear Daily Reckoning Reader, Earlier this week, Bill Bonner continued his ongoing look into the worthlessness of “government theories.” Today I’d like to bring your attention to a (now) worthless “market” theory — one with which Wall Street attempts to accurately price oil. You see, their model used to work incredibly well. But now that it’s officially broken, money managers are scrambling to prevent billions in potential losses. It’s received little — if any — coverage. But this is a big story. And Dr. Kent Moors, our colleague at Money Map Press, tells it brilliantly. He’s one of the only people who can. Dr. Moors has been advising Big Energy — including six of the world’s top 10 oil producers — for more than 31 years. And he’s been warning them about this situation for months now. What he hasn’t given them, however, is the one thing they want most right now: His trades. They’ve offered him millions for these specific moves. But he refuses to give in. He’s decided to give them to readers like you, instead. Just go here to find out why. And take notes... Sincerely, Joseph Schriefer Publisher, Agora Financial The Daily Reckoning provides over half a million subscribers with literary economic perspective, global market analysis, and contrarian investment ideas. In short, The Daily Reckoning shows how to live well even in uncertain times. We sent this e-mail to IGNOBLE.EXPERIMENT@arconati.us because you or someone using your e-mail address subscribed to this service. Are you having trouble receiving your Daily Reckoning? You can ensure its arrival in your mailbox by: Whitelisting The Daily Reckoning. To end your Daily Reckoning e-mail subscription, click: Unsubscribe. Nothing in this e-mail should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2011 Agora Financial, LLC. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the World Wide Web), in whole or in part, is strictly prohibited without the express written permission of Agora Financial, LLC. 808 Saint Paul Street, Baltimore MD 21202.