-Caveat Lector-


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Om
--- Begin Message ---
-Caveat Lector-

"You may not like what he has to say, but ignore him at your own
peril."


Dear Daily Reckoning reader,

His reputation is sterling. His advice... priceless. And as one
reader suggests, you ignore him at your peril.

I'm speaking, of course, of Dr. Kurt Richebacher.

Apart from his insightful economic analysis, Dr. Kurt Richebacher
cuts quite a figure. He recently spent some time down in the
country with me. Despite being over 80 years old, on the day he
arrived, he came tearing into the drive at Ouzilly behind the
wheel of his own BMW, sporting an all-white suit and flowing
hair... he has a dramatic habit of emphasizing his points by
pounding a silver-tipped cane on the floor.

I bring the man to your attention today by way of introducing an
interview the team at The Daily Reckoning recently conducted with
him. We mentioned it briefly in yesterday's Daily Reckoning.
Today I'd like to call your attention to it... in full.

As you'll see from the interview, few people realize how far off
recovery in the U.S. economy really is. The Consumer Price
Index... the Producer Price Index... and other key economic
indicators are all "doctored up." The so-called "hedonic" price
inflator has skewed the economic picture beyond recognition. In
Dr. Richebacher's view, if you plan to rely on the government and
Wall Street statisticians to plan your affairs... you risk losing
everything.

But rather than suffer along with run-of-the-mill investors --
who are more than happy to eat up the dunderheaded blathering
that passes for financial analysis in today's media -- you can
use Dr. Richebacher's insights... and economic revelations... to
protect your wealth immediately.

Fact is, even while the global crisis is well under way, new
opportunities for investing are opening up as we speak. Who
better than a man with nearly 50 years' experience in the global
markets to help you seize them?

The good doctor began as an international economic reporter for a
leading German financial newspaper -- similar to The Wall Street
Journal -- right after WWII. He became rather famous in Germany
for his critical reporting of the post-war government economic
policies. His reputation eventually opened the doors for an even
more important position as the chief economist and managing
partner for the Dresdner Bank in Germany.

While managing the bank, he started writing an economic
newsletter to help inform their most important customers. Quickly
however, it became obvious his opinions were at odds with the
national economic policy. To save face, the bank encouraged him
to publish the letter under his own name, instead of theirs...
yet, it was so popular they continued to distribute it to their
wealthiest clients.

Today he's as bright, insightful and controversial as ever. As
the founder and CEO of Agora Publishing, I have the distinct
honor of publishing The Richebacher Letter. Of course, I can't
tell you who among the financial analysts, newsletter writers and
money managers subscribe to Dr. Kurt Richebacher's monthly
analysis, but I assure you that you would recognize dozens of
their names.  They are among the most respected names in the
financial industry.

>From his home office in Cannes, France, Dr. Richebacher works in
the tradition of such prominent economists as Carl Menger, Ludwig
von Mises and Nobel Prize winner Friedrich A. Hayek -- the
economic geniuses who created the Austrian School of economics. I
invite you to take a look at an interview recently conducted by
the team at The Daily Reckoning.

"Is there any chance of a financial recovery in 2002?"  we
asked...

Absolutely "ZERO!"  bellowed Dr. Richebacher. And that's just the
beginning. To read the most relevant and piercing excerpts of the
interview, click here:

The Bogus Recovery
http://www.agora-inc.com/reports/RCH/GuideToWealth

Your editor,

Bill Bonner
The Daily Reckoning

P.S. There's no doubt, Dr. Richebächer is a muckraker -- a
whistle-blower. As you'll read in this interview, he does his own
painstaking research and analysis. He exposes the issues that few
other economists will talk about. And gathers some high-level
critics in the process. "Sometimes I think it's the job of the
world's central bankers," says former Fed Chief Paul Volcker, "to
prove Kurt Richebacher wrong."

Meanwhile, thousands of Dr. Richebacher's readers are thankful
that due to his relentless research, they have completely avoided
the financial disasters pervading the investment atmosphere
today. Readers knew the truth about what was really going on well
ahead of time... and had ample opportunity to protect their
wealth. Click here for his current view on the so-called
"recovery" in the U.S. economy...

The Bogus Recovery
http://www.agora-inc.com/reports/RCH/GuideToWealth

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<A HREF="http://www.ctrl.org/";>www.ctrl.org</A>
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!  These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://peach.ease.lsoft.com/archives/ctrl.html
 <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of
[EMAIL PROTECTED]</A>

http:[EMAIL PROTECTED]/
 <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A>
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Om
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