The “Prince of Doom”

James Dale Davidson has been called the “Prince of Doom” because of his unfashionable view on the flimsy nature of the U.S. economy.

Along with former editor of the The Times newspaper Lord William Rees-Mogg, he wrote Blood in the Streets: Investment Profits in a World Gone Mad (1988), The Great Reckoning: Protecting Yourself in the Coming Depression (1994) and The Sovereign Individual: Mastering the Transition to the Information Age (1999).

But he is not a typical doom and gloomer. He’s a far-seeing crisis investor and an activist against big government.

He’s also the founder and Chairman Emeritus of the National Tax Payers Union, the largest and oldest grassroots taxpayer organization in the nation, with 362,000 members nationwide.

Since then, he’s helped investors protect their wealth and profit by accurately forecasting some of the most earth-shattering financial events of our time, such as:

- The fall of Communism and the death of the Soviet Union

- The October 1987 stock market crash

- The sub-prime mortgage crisis

- The rise of Islamic terrorism (and an attack on the World Trade Center)

- The Japanese crash at the end of the 1980s

- The collapse of the U.S. housing market

- The current government bailouts and the nationalization of U.S. banks

His forecasts have earned him frequent invitations on programs like Good Morning America , The Tonight Show and MacNeil-Lehrer

And beyond just predicting events, he gave specific recommendations of how to take advantage of them.

He started publishing a bulletin for investors back in 1984. And over the years, he has helped readers protect themselves and see big gains time and time again.

* In 1989, when the Nikkei Dow was at 39,000, Jim predicted an imminent plunge and allowed readers to profit handsomely

* He nearly tripled his readers’ money on AMDL, the developer of a new technology for the monitoring and early detection of cancer.

* He bagged readers gains of 405% on Philip Morris by accurately predicting a bounce in the stock following president Bill Clinton’s anti-tobacco legislation

* His oil trading predictions pointed the way to 900% profits for readers

* He told readers of a 100% legal way to save $138,000 in taxes

* He gave subscribers an opportunity to turn a quick 617% profit on the devaluation of the British pound. (Each $4,050 became $25,000 in just two months.)

And he has given his readers many, many more opportunities for abnormal returns over the years…

Davidson made $10 million for himself by exploiting the global denationalization of resources that followed the collapse of the Soviet Union. (Some of the former Soviet republics later invited Jim to work as an official economic advisor.)

He later seized a “blood in the streets” opportunity in Argentina. He invested in the Banco Comafi just a few months after Argentina’s currency collapse in 2001. Banco Comafi has since grown 20-fold and has emerged as one of the leading private banks in Argentina.

About 15 years ago, he invested in seven miles of prime oceanfront property in New Zealand. At the time, New Zealand was an undiscovered backwater. But Jim realized the value of the beautiful land and snatched it up for pennies on the dollar. (He now owns an award-wining winery nearby.)

And during dot-com bubble, he profited as an early investor in Newsmax.com, currently one of the most successful conservative news websites on the internet.

He recently remarried to a former Miss Brazil, which has given him (beyond just a beautiful wife) valuable connections within the upper echelons of Brazilian business and real estate. (He shares attractive Brazilian opportunities (but not his wife) with readers of his new letter.)

In September 1989, he testified before the House Ways and Means Committee about the dangers of government sponsored enterprises (GSEs) such a Freddie Mac and Fannie Mae in one of the first oversight hearing on GSEs since their inception.

At the time he noted, “One of the unfortunate lessons of the Savings and Loan debacle is that off-budget activities, loan guarantees and quasi-government functions can have a tremendous impact on the federal budget … Should a similar fiscal catastrophe hit GSEs, bailout costs could multiply to levels that would not currently seem credible.”

Amid assurances from GSE executives that their entities were well capitalized (and, not coincidentally, amid multimillion-dollar GSE lobbying operations) the house committee ignored his warning.

Had Congress heeded Davidson’s warning the recent sub-prime debacle may have been averted.

Unlike so many armchair investment gurus out there, Jim has been in the trenches making money for three decades. There could be no one better to guide you through the dangerous market we are currently facing.