You are probably familiar with my colleague, Dr. Russell McDougal. He has been writing for Investor’s Daily Edge for more than two years, helping to alert our readers to the ongoing criminal activity of the “Axis of Weasels” in Washington. He has been sounding the alarm for years about the financial and monetary crisis that is now upon us. And for even longer, he has shouted from the rooftops about the ability of gold and silver to provide protection and profits in times like these.
But you might not know how he came to be involved with Investor’s Daily Edge and what his background and experience are. I want to share that with you today. And there is a very good reason why you should listen. I firmly believe he can lead you to 200% to 300% gains this year… and thousands of percent upside in the years ahead.
That’s a big promise in a very ugly market. So, how can I be so sure? Let’s begin by rewinding to early 2006.
24 Years Old and He Already Had a 10-Bagger
Our company had recently hired a young copywriter named Scott, and I was helping to mentor his development. One day we were talking stocks and he told me about several positions in his account that were up 400%... 600%... and one that had appreciated more than 1,000%.
Now, keep in mind this was a 24-year old kid. My immediate reaction was that he was full of it. But he showed me a statement and the gains were all there. I asked him how in the world he was picking these stocks. Here is what he told me…
“I just buy what my Dad recommends. In the last three years he has helped me turn my $5,000 savings into $35,000.”
I knew his Dad didn’t have a time machine, so I assumed he must be a professional investor… and a very good one. “Nope,” Scott told me. “He is a dentist. He has been in private practice for about 30 years. But his passion is investing.”
Wow! A dentist who was able to pick one mega-winning stock after another. I had to meet this man and hear his story. So I arranged to meet Dr. McDougal. It turns out that the gains in Scott’s account were nothing compared to the gains his Dad had achieved.
Between 2001 and 2006, Dr. McDougal closed out a couple dozen gains in the high triple-digits. He also closed out gains of 3,851%... 2,912%... 2,445%... and 1,671%... with even higher returns still open on the books.
He closed one position for a gain of over 9,900%. I saw the statements to prove it. Let me put that in perspective. That kind of gain would turn a $10,000 stake (the cost of a used car) into more than $1,000,000 (the cost of a slightly used corporate helicopter).
I wanted to know if Rusty (that is what he prefers to be called) would be willing to share with you exactly what he was doing and how he was doing it. I thought there was no way he would agree. After all, he didn’t need the money and why should he let the world know his secrets?
It turns out that he WAS interested. He was about to turn over his dental practice, so he had the time. He loves to write.
