Ben Bernanke says 2014 will be a good year for Stocks & U.S. Economy ?

. He said "excessively tight" budget policies had been counterproductive.

"With fiscal and monetary policy working in opposite directions, the recovery is weaker than it otherwise would be," Bernanke said.Federal Reserve Chairman Ben Bernanke on Friday predicted a stronger year for the U.S. economy in 2014, saying several factors that have held back growth appear to be abating

Bernanke also defended the central bank against critics who say the Fed's massive bond purchases have had little effect on jumpstarting the recovery.Fed decided last month to cut its asset-purchase program, known as quantitative easing, or QE, by $10 billion to $75 billion per month. It cited a stronger job market and economic growth in its landmark decision, which amounted to the beginning of the end of the largest monetary policy experiment ever.

"Economic growth might well have been considerably weaker, or even negative, without substantial monetary policy support," "Of course, if the experience of the past few years teaches us anything, it is that we should be cautious in our forecasts."Bernanke said. He noted economic research that supported the benefits of the Fed's bond purchases.

Top 2014 Penny Stocks to Buy ( $MJNA ) ( $UPZS ) ( $CVSL ) ( $ICBT )

Unique Pizza & Subs 0.0038 (UPZS)Price Target 2014 0.01 a Share
ABOUT: UPZS - CURRENTLY 12 FRANCHISE STORES WITH LOI FOR FROZEN PIZZA DISTRIBUTION IN CHINA
"We are working with Better Baked Foods to reproduce our top quality Pizza. They have a bakery on site that can produce our fresh quality dough and a manufacturing facility next door that can produce up to 100,000 pizzas per hour! We have a box company, Whalen Packaging, which will produce a microwave safe, fully custom Pizza Box. We will enter the China market through the grocery stores and then branch out to the mobile push carts and franchised locations."

JULY 2013 - LOI CHINA DISTRIBUTION FROZEN PIZZAS signed with wholly owned foreign entity from the Peoples Republic of China. This agreement will help facilitate the import, warehouse and distribution of Unique Pizza and Sub's custom made frozen pizza and other proprietary products to grocery and convenience stores and all future China based franchisees.

Unique Pizza and Subs Corporation (OTC Markets Groups Inc.: OTC Pink: UPZS) a Delaware Corporation, is pleased to announce it will begin the process of implementing a EB-5 Visa Program and has sources for potential investors in China, who will be non-U.S. residents as defined by the Regulation S offering exemption. Unique Pizza and Subs will use its best efforts to qualify and acquire potential investors and will help them, prepare, complete and file their USCIS EB-5 application petitions. China is now the dominant market for EB-5 investors.

James Vowler President and CEO of Unique Pizza and Subs Corporation said, "Thanks to their years of experience and numerous business connections in the Beijing area, we will be able to seamlessly import, warehouse and distribute our high quality Unique products throughout this region. We will utilize their connections to shelve our products in hundreds of locations as we enter the China market through the grocery stores and then branch out to the mobile push carts and franchised locations.

Cvsl Inc. .57 (QB) (CVSL) Price Target 2014 .99 a share
Richmont, which approached Avon before Coty Inc. withdrew a sweetened $10.7 billion bid May 14, is betting Avon would consider its proposal a friendlier alternative, said the people, who declined to be identified because the matter is private. As one option, Richmont may consider offering to buy a minority stake of 25 percent or more, the people said ,Well, tell me that $CVSL doesn't look like it will be multi-dollars in the near future. And, by the way, these articles and press releases are all up to date. And not to mention, we just took majority control in a $100million company...CVSL Inc., formerly Computer Vision System Laboratories Corp., incorporated on June 15, 2011, seeks to acquire companies primarily in the direct-selling business and companies potentially engaging in businesses related to direct-selling. The Longaberger Company is a direct-selling business based in Newark, Ohio that sells hand-crafted baskets and a line of products for the home, including pottery, cookware, wrought iron and other home decor products, through a nationwide network of independent sales representatives. The Company owns 100% of Happenings Communications Group, Inc (HCG). A private direct selling company can partner with the Company and its owners gain the opportunity to monetize a portion of their holdings if they wish, for estate planning or other purposes. On March 18, 2013, the Company acquired a controlling interest in The Longaberger Company (TLC).Mr. Rochon is the former chairman and CEO of Mary Kay Inc., a company he led through global expansion to 37 countries and a highly successful management-led leveraged buyout, as well as agressive innovation in the Internet technology to support the company's independent sales force. Mr. Rochon was also the largest shareholder of Avon. As a direct selling pioneer, he realized that the industry was ripe for a dramatic new step.


In September of 2012, Mr. Rochon acquired a publicly-reporting company whose stock traded over-the-counter, called Computer Vision Systems Laboratories. (The company originally had developed medical devices). Mr. Rochon named a new board of directors that included experts in direct selling and announced his stategy of making CVSL a holding company - as he also put it , a "docking station" - for acquiring multiple direct selling companies.


As part of CVSL, each company would keep its own unique identity, leadership, brand and culture. The product lines and sales force of the seperate CVSL companies would not be mixed. All companies would benefit from shared ideas and efficiencies in the "back of the house," such as finance, IT and supply chain.

An example of this model in another industry is LVMH (Louis Vuitton Moet Hennessey), a company where distinct brands operate seperately under one umbrella.

The first direct seller to become part of CVSL was the much-loved brand of American hand-crafted baskets and other home furnishings, The Longaberger Company, in March of 2013.
CVSL has made several high profile acquisitions in recent months, one of which has taken its annual revenues north of $140 MM and what we like about CVSL is that it shows to have a small float of roughly 15 MM shares.

Members sit and take note, because we're about dissect an opportunity that is perhaps the biggest to hit Wall Street and OTC markets in the last 10 years – yes, it is that big. We’re sure you’ve heard of Herbalife (NYSE: HLF), the company that is the heart of massive manoeuvrings on Wall Street between some of the investment world’s largest players – we’ll call them whales as they are known on the Street.

All the Herbalife manoeuvrings is connected to the more than $117 BB in annual sales in the direct selling industry. Thanks to the successful IPO of Herbalife, all the industry titans are lining up to add to their...Billion-dollar-fortunes.

One of these titans is John Rochon, a man who many on Wall Street consider a ‘whale’; the same man who engineered the successful turnaround of Mary Kay cosmetics, and was the largest shareholder in Avon (NYSE: AVP) – the direct selling giant that rose to a staggering $21 BB in value. The United States led global retail direct sales at $29.8 BB, with Japan ranking second at $23.8 BB. And there was growth—75.5 percent in Venezuela, 30.9 percent in Malaysia and 23 percent in Argentina.
“Statistically, in developing countries and some other markets in Asia, the direct selling industry is growing. In other markets, the sales may be flat, but the number of direct sellers is growing,” says Tamuna Gabilaia, Executive Director of WFDSA. “You can see an overall trend that direct selling is growing. You can see it in America and Asia. You look in Russia too, and it is growing at a very fast pace.”



Icbs, Ltd. (PN) 0.0004 (ICBT) Price Target .025
ICBS Ltd. is engaged in the development and enhancement of a family of all natural shrink-free, 100% cotton knit fabrics sold under the trademark Organik.
Canwealth Minerals Corp. and majority stockholder ICBS Ltd., (OTCPK: ICBT), announced today that Canwealth Minerals Corp., has been declared effective with its filing of the companies S-1 Registration. Formerly named USG1, Inc. ,Canwealth Minerals is now a fully reporting company under the Securities Exchange Act of 1934. Details on of the filings can be found at The Securities and Exchange Commission. The company is in the process of filing notice with FINRA and is now awaiting its trading symbol. Canwealth Minerals Corporation will trade on the OTCBB.
Garth McIntosh, President of Canwealth Minerals, said, "We are pleased that Canwealth Minerals is now a fully reporting US company. Canwealth has an enormous future, and we are excited about the company's future in the mining industry."
ICBS Ltd. Is a majority shareholder and owns 60.90% of the company's outstanding shares.
About Canwealth Minerals:
Canwealth Minerals Corporation - is a mineral exploration and mining company actively searching for gold, silver, PGE, base metal and REE mineral deposits in Quebec. At the present time the company holds 7 Mining properties (185 Claim cells) in Northern Quebec's Abitibi region and the James Bay basin including addition exploration camps in South Western Quebec for a total of 24,517 acres under management and is 100% owned by Canwealth Minerals Corp. The company's management team is made up of professionals with extensive exploration and production experience. Canwealth Minerals Corporation and majority shareholder, ICBS Ltd, announced that it has signed a letter of intent for a business combination or merger with USG1, Inc. USG1 is a public, blank check company, as defined by the U.S. Securities and Exchange Commission, with no prior trading history. The specifics of the merger are still being discussed and cannot be disclosed at this time, but both parties intend to consummate the deal as quickly as possible. Closing of the merger will be subject to satisfactory due diligence by both companies, as well as any necessary third-party, shareholder and government consent . ICBS Ltd(OTCMKTS:ICBT) managed to keep its gain at 20% on above-normal volume of 66.47M shares. The stock is at $0.0006, after floating in a range of $0.00 - 0.00. Its latest price has reached market capitalization of $3,990.00. Its 52-week range has been $0.00 - 0.00. ICBS Ltd. is engaged in the development and enhancement of a family of all natural shrink-free, 100% cotton knit fabrics sold under the trademark Organik . Garth McIntosh, President of Canwealth Minerals, said, "We are pleased that Canwealth Minerals is now a fully reporting US company. Canwealth has an enormous future, and we are excited about the company's future in the mining industry."
ICBS Ltd. Is a majority shareholder and owns 60.90% of the company's outstanding shares.


Medical Marijuana, Inc. 0.101 (MJNA)2014 Price Target .65 A Share
Medical Marijuana Inc. (MJNA) is the publicly held company vested in the medical marijuana and industrial hemp markets. It is comprised of a diversified portfolio of products, services, technology and businesses solely focused on the cannabis and hemp industries. These products range from patented and based cannabinoid products, to whole plant or isolated high value extracts specifically manufactured and formulated for the pharmaceutical, nutraceutical and cosmeceutical industries. The Company’s services are varied, ranging from medical clinic management to the capitalization and development of existing industry business and product leaders. Services include development of cannabinoid based health and wellness products, and the development of medical grade compounds. In March 2013, it sold certain equipment and inventory, web domain names, phone numbers, and all existing and pending agreements with hemp production and processing facilities to CannaVEST Corp.June letter right before the lawsuit was filed. The timing of everything sure makes it look like the SEC inquiry was triggered by Keber. MJNA disclosed the SEC inquiry in August, way after the fact. Two filings have gone out without any mention of this Dixie litigation. What is just as interesting is that June was when the price dropped down into the 0.02’s. Didn’t make any sense at the time as there was no news to cause it to drop that much that quickly.The following is a script from "Rocky Mountain High" which aired Dec. 22, 2013. Steve Kroft is the correspondent. Frank Devine, producer.
Twenty states have now legalized the medical use of marijuana for treatment of things like glaucoma, the effects of chemotherapy, and chronic pain; defying federal laws that still consider marijuana more dangerous than cocaine and methamphetamine. Last year, voters in two states, Washington and Colorado, went so far as to approve marijuana for recreational use too. On New Year's Day, legalized, regulated and heavily taxed recreational marijuana goes on sale in Colorado, which as we reported last year, has the most developed medical marijuana industry in the country As we first reported before that vote, if you want to know what legalized marijuana might look like, the place to go is Colorado, which has the most developed medical marijuana industry in the country.

In Denver, if you want to find a medical marijuana dispensary, just look for the green cross. You won't have to go far. There are 204 of them in the Mile High City -- that's roughly three times the number of Starbucks and McDonald's combined.

They come in all sizes and shapes. There is the health food store motif and 70s style head shops. There are storefronts pitching low cost weed, and boutiques offering gourmet ganja. No stems and seeds here, just walnut-sized buds freshly harvested in the cultivation room out back.

Matt Cook: When patients arrive, this is where they'll have to show their patient registry card and their driver's license to gain access to the actual marijuana center, itself ,What's the economic impact been?

Matt Cook: It's huge. There's over a million square feet of leased space in the Denver area. Look at all the electrical contractors, the HVAC contractors, a number of ancillary businesses. It's huge. Tax revenues exceeded-- I believe the last number I heard was in excess of $20 million. Perry coleman has to be long, he works for MJNA ?

But in spite of all the euphoria, there is a cloud hanging over the cannabis industry in Colorado, and it's not marijuana smoke. It's the federal Controlled Substances Act, which still lists marijuana as a Schedule One drug, every bit as dangerous as heroin, with no medical benefit. And the Justice Department is not happy with the wide-scale commercialization of Colorado cannabis. Sam Kamin is a law professor at the University of Denver, and one of the reigning experts on the subject.

Steve Kroft: In Colorado, you can grow it if you're licensed and you can sell it if you're licensed to people who have a card to buy it.

Our Top 2014 Stock to Buy NII Holdings Inc ( NIHD ) $NIHD #OTC

Our Top 2014 Stock to Buy stocks under 5 a share - NII Holdings Inc ( NIHD ) $NIHD

Nii Holdings, Inc. (NIHD)
2.375 ▲ 0.345 (17.00%)
Volume: 4,885,006 @ 12:42:53 PM ET
Bid

Ask

Day's Range
2.37

2.38

2.01 - 2.39

NII Holdings (NIHD) announced a deal to sell shares of its Nextel Peru indirect subsidiary for approximately $400 million. We previously quoted a rumored price of $500 million which may have included certain reimbursements of capital commitments and inventory on top of the share purchase. The deal importantly comes in at the top end of its range and shows the company's regained position of strength in negotiations to sell its non core operating territories and other assets. Perhaps more significant is the additional liquidity on NIHD'S balance sheet from this sale should enhance the value of the tower division which is in the process of being spun off presumably to a pure play tower operator such as American Tower (AMT) who late last year purchased a German tower package , BUY , BUY , Buy under $3 a share .............
"The transaction, which is structured as a purchase of the shares of NII's indirect subsidiary, Nextel del Peru S.A. ("Nextel Peru"), is being entered into as part of NII's announced strategy to focus its capital and other resources in Mexico and Brazil, its two largest markets. The proceeds received from this sale will provide additional liquidity as the Company continues to invest in the deployment of its next generation networks in Mexico and Brazil. NII's next generation networks will enable the Company to provide the highest quality wireless experience to high value customers in those markets." NIHD tower sales will generate gross proceeds of approximately $1 billion!

NII Holdings might sell other assets in Argentina and Chile, analysts say.

"New CEO Steve Shindler and CFO Juan Figueroa are re-establishing credibility with the Street," Macquarie Capital analyst Kevin Smithen said in a research note. "While this process is going to take many quarters and will need to include operational and financial improvements in Mexico and Brazil, today's announcement was the first bit of good news out of NIHD in over a year."



NII's U.S. shares have plunged 71% in the past 12 months, even with its big jump in the stock market today.
James Breen, an analyst at William Blair & Co., said in a report that the Peru sale "should help minimize some of the company's overall cash burn ... . With capital expenditures trending down, we believe this puts the company in position to generate free cash flow at the end of 2014."
Stifel Nicolaus analyst Christopher King also sees a stronger balance sheet. Currently it is trading around $2.20. The company provides digital wireless communication services in several Latin American markets, such as Mexico, Brazil, Argentina, Peru and Chile. NIHD has seen continuous erosion in its EPS due to continuous customer loss, weaker exchange rate, lower ARPU, higher operating expenses, and stiff competition from local players like America Movil (AMX) and Telefonica (TEF). However, the EPS is showing a rising trend since the first quarter of 2013, on the back of a healthy annual subscriber growth and a remarkable decline in costs per gross subscriber added. I believe there is a strong chance of a rebound in the stock price due to an improved outlook about the company's earnings growth

"The company now has cash on hand (assuming the Nextel Peru deal closes) of approximately $2.8 billion, with additional liquidity of approximately $500 million available through undrawn vendor financing," he wrote. "We continue to expect the company's pending tower sales process to be completed within the next 90 days or so, which we believe will generate gross proceeds of approximately $1 billion."


To the best of our knowledge, this is the first time the company has formally announced that it intends to focus only on Mexico and Brazil. We had assumed a $300 million sale for Peru in our bare bones valuation of the company and also believe that Mexico can be sold for a further premium as other operators need the bandwidth from the licensed frequencies NIHD's Nextel Mexico holds.

NIHD CEO Steven Schindler, who some employees call the "iron fist", is making good on his vision to streamline the company and focus on building value through subscriber growth and network upgrades. We now believe Schindler has strengthened his company's finances to the point where he can extract more value from his planned sale of assets. The acceleration of the Peru deal shows us he means business. We estimated that Nextel Mexico would yield $2.15 billion in a sale. This was conservative as it was 50% of the price to be paid on a deal that never was completed. With increased strength from the Peru sale, we think Schindler can command a higher price than $2.15 billion. A mere 10% increase would add another $215 million to the company's value, or $1.25 per share. We think this is achievable and therefore update our bare bones value for NIHD to $12.11. We look forward to seeing what next on Shindler's asset sale list. The main problem of NIHD was that its customer retention efforts were unsuccessful due to growing competition and rising operating expenses. However, the company has undertaken an aggressive strategy, termed as Project Accelerate, to quickly recover lost ground and put itself back on the path to profit growth. Project Accelerate comprises of five components, which are as follows


NII Holdings, Inc. (NII Holdings), incorporated on October 18, 2000, is a holding company for the operations of Nextel Communications, Inc. in selected International markets. The Company provides wireless communication services under the Nextel brand. It provides its services through operating companies located in Brazil, Mexico, Argentina, Peru and Chile, with its principal operations located in business centers and related transportation corridors of these countries. The Company’s networks utilize integrated digital enhanced network, or iDEN, technology developed by Motorola, Inc. to provide its mobile services on its 800 mega hertz spectrum holdings in all of its markets. As of December 31, 2012, its operating companies had a total of about 11.36 million handsets and other devices in commercial service. In August 2013, NII Holdings Inc announced it has completed sale of its Peruvian operations to Empresa Nacional De Telecomunicaciones SA. In November2013, NII Holdings, Inc sold 1,483 communications sites in Mexico to American Tower Corporation.


The services offered by the Company include mobile telephone service; Nextel Direct Connect and International Direct Connect service, which allows subscribers to talk to each other instantly, on a push-to-talk basis, for private one-to-one calls or group calls; value-added services, including text messaging services; mobile Internet services; e-mail services; location-based services, which include the use of Global Positioning System (GPS), technologies; digital media services; and a ranging set of applications available via content management system, as well as the Android open application market; business solutions, such as security, work force management, logistics support and other applications that help its business subscribers improve their productivity, and international roaming services.


The Company offers a range of wireless communications services and related subscriber equipment and a variety of service plans with different rate plan structures and bundles that are designed to meet the needs of its targeted customer groups. These services and equipment have been designed to provide features that meet those customers’ needs for fast and reliable voice and data communications that allow them to conduct business quickly and efficiently.


Voice Services


The Company’s mobile telephony services with calling features that include voicemail, call waiting, call forwarding and three-way calling. Its voice services also includes one of its key differentiators, Nextel Direct Connect, the long-range walkie-talkie service that allows communication at the touch of a button. The Nextel Direct Connect service gives its customers the ability to instantly set up a conference either privately (one-to-one) or with a group (one-to-many). In some of its markets, the Company also offers services that provide the subscribers on its iDEN networks with instant communication capabilities in a variety of other ways, including a push-to-email application that allows a user to send a streaming voice message from his or her handset to an email recipient using its Direct Connect feature, Direct Talk, a service available on certain handsets that enables off-network walkie-talkie communication, and Desktop Dispatch, a service that allows users to send Direct Connect messages between Nextel handsets and any Internet connected personal computer.


Wireless Data Services


The Company offers a variety of wireless data services and solutions that are designed to help its customers increase their productivity through the delivery of real-time information to mobile workers anytime and anywhere; it offers its customers always-on connectivity to the Internet directly from their device through mobile Internet access, which combines the resources of the Internet with convenient mobile content services; it offers a range of messaging services, including short messaging services (SMS), multimedia messaging services (MMS) and mobile email; the Company’s data solutions, which are accessible via wireless handsets, laptop computers and handheld computing devices, facilitate quick responses among workers in the field by streamlining operations through faster exchanges of information to support workforce mobility, and its handsets support Java, which provides a standards-based programming environment that can support a broad array of specialized and differentiated applications, and many of its handsets incorporate the Android operating system, which provides an open environment for the distribution and support of hundreds of thousands of business and consumer applications and digital media content to meet the needs of a broad set of subscribers.


Roaming and International Calling Services


The Company offer a number of traditional, as well as differentiated, international calling and roaming services communicate instantly across national borders to other Direct Connect subscribers in all of its markets. It also offer its subscribers with iDEN-based handsets the ability to roam in areas in other countries served by operating companies’ networks and by the iDEN networks operated by Sprint Nextel in the United States, TELUS in Canada and Intelfon in El Salvador. It offers subscribers using iDEN-based handsets the ability to roam on networks in other countries that operate using the global system for mobile communications, or GSM, standard and that operate using networks that are reverse compatible with global system for mobile communications (GSM), including WCDMA networks.


Wireless Devices


The Company offers its customers a array of wireless handsets, including smartphones and feature phones capable of supporting its Nextel Direct Connect service on both its iDEN and WCDMA networks. In addition, WCDMA handsets utilizes QChat technology, which will be able to communicate via push-to-talk service with customers on both iDEN and WCDMA networks. Its smartphone portfolio includes a variety of devices using both the Android and BlackBerry operating systems that enable subscribers to access the Internet on their handsets and include QWERTY keyboard and touch screen options. Additionally, the Company offers mobile broadband devices including data air cards and personal wireless fidelity (WiFi) access devices, or mobile wireless fidelity( MiFi), to subscribers in Mexico, Peru and Chile on WCDMA networks.



The Company competes with America Movil, Telefonica Moviles, Telemar’s Oi and Telecom Italia Mobile

Why DUTCH GOLD RESOURE ( $dgri ) stock will Soar Higher ! #pennystock #hot #DGRI

We've been following dgri (DUTCH GOLD RESOUR) recently as new information pours into our system. As with most stocks, it's important to follow your investments closely. DGRI is no exception and should be monitored very carefully.DGRI is all over twitter! Memo alert should be coming soon ..........Volume volume volume . Lot's of attention here! Like to see the week end up higher ,FBC Holding announces another Executed LOI with Dutch Gold Resources, Inc.(OTCQB: FBCD) FBC Holding, Inc. would like to update its shareholders on recent events.

FBC Holding announced today that the Company has executed a Letter of Intent with Dutch Gold Resources (OTC Pink: DGRI). Under terms of the agreement the parties will investigate several opportunities which DGRI has identified and developed preliminary business plans. These opportunities are all related to gold mining or gold mining services in Nicaragua. Frank Russo, CEO of FBCD said, "These opportunities appear to be very attractive and DGRI and their staff have completed a great deal of in-depth investigation of the opportunities and establishing the required relationships. We excited to be proceeding to the next step with this as well as our other opportunities."

"We have discovered multiple opportunities to develop in Nicaragua, some with short-term cash flow potential and some with long-range potentially large deposits. Given the extent of the multiple opportunities, we are pleased to bring in other financing sources and are pleased to announce this relationship with FBC Holding, Inc.," said Daniel Hollis, CEO of Dutch Gold.

Form 8-K for DUTCH GOLD RESOURCES INC


--------------------------------------------------------------------------------

17-Dec-2013

Other Events



Item 8.01 Other Events
Letter to Shareholders

On December 17, 2013, the Board of Directors has authorized the release of a Letter to Shareholders, a copy of which is attached hereto and made a part hereof.


Disclaimer and Release of Liability

The Company is advising readers that non-affiliate shareholders of the company, and the Company may, from time to time, engage the services of unaffiliated firms to provide investor relations and advertising services. These third party shareholders may own the Company's shares and plan to liquidate, which may negatively affect the stock price. All content in our releases is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. The Company does not purport to provide an analysis of any company's financial position, operations or prospects and this is not to be construed as a recommendation by the Company or an offer or solicitation to buy or sell any security. Neither the Company nor any of its members, officers, directors, debt-holders, contractors or employees are licensed broker-dealers, account representatives, market makers, investment bankers, registered investment advisors, analyst or underwriters. Readers should always consult with a licensed securities professional before purchasing or selling any securities of any company including our own. It is possible that a reader's entire investment may be lost or impaired due to the speculative nature of the investment.

Some of the content in this release may contain forward - looking information within the meaning of Section 27 A of the Securities Act of 1 9 9 3 and Section 21 E of the Securities Exchange Act of 1 9 3 4 including statements regarding expected continual growth of the Company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect a company's actual results of operation. A company's actual performance could greatly differ from those described in any forward - looking statements or announcements mentioned in this release. Factors that should be considered that could cause actual results to differ include: the size and growth of the market for the company's products; the company's ability to fund its capital requirements in the near term and in the long term; pricing pressures; unforeseen and/or unexpected circumstances in happenings; etc. and the risk factors and other factors set forth in the company's filings with the Securities and Exchange Commission. However, a company's past performance does not guarantee future results. May 7 2013 ......... old but most recent info ....

Remember, never invest in any security of a company unless you can afford to lost your entire investment. Also investing in micro-cap securities is highly speculative and carries and extremely high degree of risk

We encourage readers to invest carefully and read the investor issuer information available at the web sites of the SEC. The SEC has launched an investor-focused website to help you invest wisely and avoid fraud at www.investor.gov and filings made by public companies can be viewed at www.sec.gov


We are constantly updating, alerting, and releasing news on several key stocks including DGRI
Daniel W. Hollis
CEO and Chairman

Mr. Hollis brings thirty years of corporate finance and management experience to the Company. He is a seasoned entrepreneur with a background in venture capital, private and public company funding. His experience includes turn around situations, and development of fast growth management teams for special situations. He has served as an officer and adviser to numerous private and public growth companies. Mr. Hollis has been the CEO of Dutch Gold Resources, Inc. since January 2007.
Rauno Perttu
COO and Vice Chairman

Mr. Rauno Perttu, age 64, is the President and Chairman of the Company. Mr. Perttu is an Oregon-registered Engineering Geologist with almost 40 years of experience in the mining industry.
He has held senior positions with some of North America's leading resource companies. At Kennecott Corporation, he initially worked as a senior geologist, was later promoted to Coal Manager, and then to Director of Business Development. Before Kennecott, Mr. Perttu held senior geologist and management positions at Gulf Minerals, Resources International, and Pacific Power and Light Company.
For the last 20 years, he has worked as a consultant, initiating and managing exploration and development programs in North America, Chile, Columbia, and Venezuela. He has been involved in the discovery of gold and silver deposits in Montana, Utah, and Nevada. He has diverse experience in economic geology. He has evaluated companies for acquisition and commodities for diversification. He has worked internationally in all phases of mineral and metals exploration, evaluation, and development.
Mr. Perttu has managed modest-sized to major projects and programs from the initial conceptual stage through all the subsequent steps, including discovery, acquisition, and determination of economic feasibility, development and production. This background has given him experience both the technical and business aspects of the mineral industry. Company Information

Dutch Gold Resources, Inc.
3500 Lenox Road
Atlanta, GA 30326
Phone: 877-811-6699
Investor Relations

Daniel Hollis, CEO
3500 Lenox Road
Suite 1500
Atlanta, GA, 30326
Phone: 877-811-6699

why i'm buying (Public, PINK:DGRI) Dutch Gold Resources, Inc. , my best penny stock buy in 2011 , its a fewyears old but brings up good info about $DGRI See info here Mad Money Fund

here is the articale on DGRI[/tag]best penny stock buy in #2014 (Public, PINK:DGRI) Dutch Gold Resources, Inc… good read about DGRI Long term stocks

best penny stock buy in 2014 (Public, PINK:DGRI) Dutch Gold Resources, Inc #share $DGRI

why i'm buying (Public, PINK:DGRI) Dutch Gold Resources, Inc. , my best penny stock buy in 2011







(Public, PINK:DGRI) Dutch Gold Resources, Inc
Dutch Gold Resources, Inc. (Dutch Gold), incorporated on October 13, 1989, is a gold miner focused on developing its mining properties in North America and acquiring and developing new mines. The Company maintains two mining projects and a milling operation near Grants Pass, in southern Oregon. On December 31, 2009, the Company acquired Aultra Gold, Inc.Dutch Gold seeks to leverage its capital through strategic investments in other gold miners, with an intent of developing multiple sources of cash flow from its’ capital base.

Dutch Gold Resources believes that building value in the mining sector requires having exceptional people working on projects of significance, in keeping with the Company’s ability to bring financial discipline to the development and subsequent production of its portfolio properties.

To that end, Dutch Gold is proud the experience sets of the key members of its management team. Rauno Perttu, COO and Vice Chairman, has forty years of experience identifying and developing successful mining projects. The balance of the management consists of seasoned Merger & Acquisitions, and Corporate Finance professionals, with Dan Hollis serving as CEO and Steve Keaveney serving as CFO. Mr. Keaveny has been instrumental in the completion of two-dozen M&A assignments, along with providing over $500 million of financing to his companies. The team mission is to identify and finance opportunities to enhance the value for its shareholders.



The Company’s portfolio consists of three properties. Dutch Gold is focuses on its holdings of merit in Montana and Nevada. The Company is conducting advanced exploration and predevelopment of the large gold system at our Basin Gulch property in Montana. Our Jungo Project is a promising new discovery in Humboldt County, Nevada. The property is being actively explored and is located near the Sandman project. Dutch Gold has placed its Oregon properties into Care and Maintenance. The Company has an active acquisition pipeline.
Finding a Gold Stock in NanoCap is tricky because normally there are so many shareholders and it takes eons to value the metal they extract from the ground. Not to mention the underlying metal itself is volatile and many companies are dual listed and information is hard to keep up with. I found a company who will be reporting soon in the OTCBB in the US who is dual list and has a 2011 plan as strength in the underlying metal continues.The estimated gold mineralization volume for the discovery block is 633 million tons grading 0.012 ounce per ton (opt) gold, using a 0.0065opt cutoff, for a contained volume of approximately 7,600,000 ounces of gold. Within this mineralization is higher-grade volume of 108 million tons grading 0.026 opt gold, containing approximately 2,800,000 ounces of gold. The gold mineralization also contains locally significant associated silver mineralization that was not included in the estimates.


Additionally, based on numerous higher-grade gold intercepts that have not yet been evaluated, Dutch expects to define very significant areas of higher-grade mineralization with future drilling, both within the discovery zone and outside it. As step-out and fill-in drilling is conducted in the gold-mineralized areas intersected by the holes outside the discovery block, Dutch anticipates the discovery will grow

In March of 2010, Dutch Gold spun of an existing corporate structure, creating Shamika 2 Gold, Inc. (SHMX:OTCBB). Dutch Gold holds over 5,500,000 shares of SHMX. The transaction enhances the financial statements of Dutch Gold, and provides potential sources of cash flow for DGRI in the future. Management is pleased to have leveraged its capital base, and is evaluating other opportunities to strengthen its balance sheet and cash flow.
The Company is pleased to report that initial results appear to be favorable, and to announce the next steps in the interpretation of the data.

The Company is reviewing the drill core from its Jungo property in Humboldt County, Nevada. The hole was drilled at 60 degrees to the northwest to cross the southeast-dipping geology. Dutch Gold is pleased to announce that the drilling has intersected extensive breccia containing a wide variety of locally rounded clasts including volcanic fragments and locally extensive pyritic quartz clasts in a matrix of clay and apparent quartz sericite. This is interpreted to be the volcanic vent that was crossed almost perpendicularly from 92 feet to 280 feet in a 188-foot segment of a trench that overlies the drill hole a short distance to the south.

In the trench, the eastern twenty feet assayed 0.042 opt gold and more than 0.5 opt silver. A select 5-foot sample of the hot springs rock assayed 0.6 opt gold and 4.44 opt silver. Additionally, the western portion of the vent in the trench contained intervals that assayed better than 0.01 ounce per ton gold. The core is interpreted to be the upper level, lower temperature part of a gold system that could strengthen at depth.
Looking for Gold: The Modern Prospector's Handbook (Prospecting and Treasure Hunting)


The volcanic vent gold system is interpreted to be a younger, separate system from the gold and copper system that was the focus of the earlier exploration in the area. This newly identified system does not appear to contain copper.



Dutch Gold believes that a combination of the mineralization in the newly discovered system with the earlier identified gold and copper mineralization should be evaluated for its combined open-pit potential. Furthermore, the new system should be evaluated on its continuation to the north and at deeper levels.



"We will log the core in detail, cut it and submit it for assaying. First assay results are expected in about two weeks," said Rauno Perttu, Chief Operating Officer. "These early indications, along with the assay data, will guide the Company in further exploration and development planning for the Jungo project," added Mr. Perttu.
Jungo is located approximately 50 miles northwest of the town of Winnemucca, in northwestern Nevada.

The Jungo property lies between the historic Sleeper Mines and Allied Nevada Gold Corporation’s Hycroft Mine in Humboldt County, Nevada, and southwest of and across the valley from Newmont’s Sandman project. The Company has no direct association with any of these nearby mines.

The Hycroft Mine historically produced in excess of a million ounces of gold and recently announced that it plans to go back into production with the recent discovery of at least 5 million ounces of additional reserves.

Located in Granite County, Montana, the Basin Gulch Mine is a large, open-ended, gold and silver system. Discovered by the company's COO and world renowned geologist, Rauno Perttu, the property has been partially explored by 323 reverse circulation and core drill holes and approximately 17,000 feet of trenches. The system contains multiple areas of mineralization, and an open-ended defined resource of more than two million ounces of mostly low-grade disseminated gold and silver, with local shallow higher-grade breccias and inferred veins.



On February 11, 2011, Dutch Gold Resources acquired an exploratory license for its Basin Gulch Project. The permit facilitates exploratory drilling of the property which is said to contain $3 billion in gold and may contain one of the largest gold deposits ever in Western Montana

The Sleeper Mine produced approximately 1.7 million ounces of gold, much of it from very high-grade near-surface veins. Recent exploration is finding new areas of strong ore-grade mineralization below the historic mine pit and along newly identified mineral structures outside the historic exploration area.

The Jungo property contains extensive exposures of brecciaed and silicified Paleozoic sedimentary rocks in contact with Tertiary volcanic rocks to the north and east. Surface samples from the property were anomalous in gold and silver, with several samples assaying better than 0.1 opt gold, and one sample greater than 0.6 opt. The apparent southwestern end of a siliceous gold system was exposed in the northern of two surface trenches completed by Dutch in March of 2007. Very limited exposures suggest that the possible hot springs silica associated with a minimally eroded volcanic vent extends for at least 2,000 feet northeastward under shallow alluvial cover.

Three additional trenches were dug in 2010. Trench JTP-3 was sited 1020 feet north of the 2007 trenches and was dug in an easterly down-slope orientation to cut across the lower margin of the eastern hillside of the Jackson Mountains. This new trench exposed altered Pretertiary meta-sedimentary and meta-igneous rocks that have been locally intruded by younger sialic shallow igneous rocks. All of the rocks have been fundamentally shattered and sheared.


Gold Miner's Handbook
Trench JTP-3 exposed the apparent continuation of the silicic gold-bearing volcanic vent that was seen in the northern 2007 trench. The JTP-3 trench interval from 140 feet to 270 feet contained the apparent vent zone, with erratic blocks of altered older metamorphic rocks mixed with and locally dominated by younger highly silicic gassy volcanics. The vent is gold bearing. The trench interval from 200 to 210 feet assayed 0.048 opt gold and 0.5-ounce silver. The interval from 240 to 250 feet contained 0.076 opt gold and 2.6 ounces silver. The adjacent interval from 250 to 260 feet assayed 0.017 opt gold and a half-ounce silver.The Basin Gulch Mine is a large, open-ended, gold and silver system in Montana located in central Montana west of the historic mining towns of Philipsburg and Anaconda. It is important to note that Basin Gulch is not affected by the recent proposed political changes affecting the North Fork Flathead Area. This is an area with numerous historic mines, including the legendary mines at the historic town of Butte.

Recently, several conditions have changed to make Basin Gulch an exciting exploration target. Gold prices have increased. Attitudes toward mining have improved in central Montana. Discovery and development of very large and very profitable underground mines, primarily in Nevada, have made formerly disdained underground mines very attractive to mining companies. Dutch recognized that Basin Gulch has major mining potential under current Montana law and had the historic exploration information reviewed by an independent consulting geologist. The geological consultant completed an updated report in January 2010. The report showed a significant increase in the volume of mineralization, using data not previously reported in an area that was historically drilled on fifty and hundred-foot spacings





DGRI HAS secured a new license and seem ready to make a real run forward.






Earnings Per SharePeriods 2009 2010


March -0.01778 -0.01238

June -0.04102 -0.00361

September -0.03258 -0.00512

December -0.02406


DGRI.PK on PINK OTC MARKETS INC

0.02USD

18 Feb 2011 Price Change (% chg)

$-0.00 (-1.18%) Prev Close

$0.02

Open

-- Day's High

$0.02

Day's Low

$0.02 Volume

3,896,553

Avg. Vol

5,152,625 52-wk High

$0.11

52-wk Low

$0.00


As of December 31, 2009, the milling operating at Grants Pass, Oregon had capacity to produce 330 tons/day. The Company owns the Gold Bug mine at Silver State, Silver Dollar, Oregonian, Bimetallist and United States Lode Claims in Joseph County, Oregon. As of December 31, 2009, the Company had not produced or sold any gold from the Benton Mine.
SummaryName Age Since Current Position



Dienhart, Ewald Chairman of the Board


Hollis, Daniel 58 Chief Executive Officer, Director


Keaveney, Steve 46 2010 Chief Financial Officer, Director


Rosmarin, Lance 46 1996 Secretary, Director


Debor, Wilhelm Director

» Insider TradingBiographiesName Description


Dienhart, Ewald Mr. Ewald J. Dienhart has served as Executive Chairman of the Board of Dutch Gold Resources, Inc. Mr. Dienhart has experience in real estate development, corporate finance and mining development. His project developments in Germany since 1983 have been valued at over 2 Billion (DM). In North America, his real estate development projects include the construction of 22 factory outlets. His interest in mining is focused on the reactivation and financing of promising natural resource properties.


Hollis, Daniel Mr. Daniel W. Hollis has served as Director and Chief Executive Officer of Dutch Gold. He brings thirty years of corporate finance and management experience to the Company. He is a seasoned entrepreneur with a background in venture capital, private and public company funding. His experience includes turn around situations, and development of fast growth management teams for special situations. He has served as an officer and adviser to numerous private and public growth companies. Mr. Hollis served as Registered Principal of Investacorp, Inc., a NASD broker-dealer, where he had supervisory responsibilities for the State of Georgia. He is a member of the National Association of Investment Bankers.s


Keaveney, Steve Mr. Steve Keaveney, CPA is the Chief Financial Officer, Director of Dutch Gold Resources, Inc. He brings 24 years experience in finance and business development. Mr. Keaveney, a CPA, began his career as an auditor at Deloitte & Touche. He received a B.A. in Accounting from Villanova University and holds an M.B.A. from Pepperdine University. Early in his career, Mr. Keaveney built a cable television company in Ireland, beginning with one small system, eventually acquiring another 27 systems. In 1999, after ten years, the last of which were spent as CEO, Mr. Keaveney was able to sell the company to Liberty Media, Inc. for $100,000,000. He has subsequently acted as CFO or CEO or both for public and private companies.


Rosmarin, Lance Mr. Lance Rosmarin has served as Secretary and Director of Dutch Gold Resources, Inc since July 22, 1996. He has served as Secretary and a Director of the Company since July 22, 1996. He has held various executive positions with, and Board seats on public companies over the past fifteen years. Mr. Rosmarin received a Bachelor of Science Degree in Finance and Marketing from the University of Texas in 1985, and an MBA Degree in Finance from the University of Texas in 1988.


Debor, Wilhelm Dr. Wilhelm H. Debor has served as Director of Dutch Gold Resources, Inc. Dr. Debor is an accomplished attorney, with background in finance. Since the beginning of his career, Dr. Debor has held progressively more responsible positions with Swiss Bank Corporation and Chase Manhattan Bank. He was responsible for Credit for Commercial Real Estate with Deutsche Bank Group until 1990 when he joined DePfa Bank Group in Frankfurt, Germany where he served until 2000. Subsequently he has been the principal in Debor Consulting, advising on corporate and real estate transactions.


(Pink Sheets:DGRI) (the "Company") ( http://dutchgold.com ) today announced that it would begin the previously announced drilling program the week of February 21, 2011.



The Company received an authorization to proceed from State of Montana Department of Environmental Quality ( http://deq.mt.gov ) for its Basin Gulch project on Tuesday. The authorization to proceed follows the crediting of Company funds for a required reclamation bond by the State.
"We look forward to working with all of the stakeholders in the Basin Gulch area. Dutch Gold is committed to responsible operations. We are contracting with a highly skilled drilling team that has extensive knowledge of the area, and respect for the land," said Daniel Hollis, CEO.



Dutch Gold Resources, Inc. is engaged in the acquisition and development of gold properties in North America. The company's strategy is to focus on overlooked resources that can be brought into
production over two to three year timeframe. The Basin Gulch project in Montana, the Jungo property northwest of Winnemucca, Nevada, and the Gold Bug Mine in Oregon comprise the Company's current stock. The Dutch Gold Resources management team is composed of seasoned professionals with decades of experience in geology, and in mergers and acquisitions, as well as corporate finance.



Forward-Looking Statements


This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, (5 gm) .999 Fine Gold Bar - (With Assay Card)
"When we reported on the Basin Gulch resource earlier this year, Dutch Gold management believed that the market would find the size of the deposit to be of interest. With gold hovering near $1,400 per ounce, the project is attracting attention from large and small investors alike. Our expectation is that we can begin to unlock the value in Basin Gulch early in 2011, and that the components to grow the project may be available in the near future," observed Mr. Hollis. A copy of the Basin Gulch report can be found on the Company website.Dutch Gold Resources(ticker:DGRI) has quickly become number 1 on "top 15 active stock market forums.Investors have begun to take notice of undervalued gold stocks such as Dutch Gold Resources in light of the leverage to gold this company can provides for investors.


The company has recently updated their NI 43-101, a third party evaluation, on the 100% owned Basin Gulch property significantly raising resources. Third party evaluation has confirmed above average gold mineralization with data from the property.

"GEMCOM results... yielded a combined proven and probable gold and gold-equivalent silver resources... 2,803,970 ounces gold"

Also from the third party evaluation-

"because all drill holes and all the assays were not used for these calculations, and both estimates are open in all directions, these volume estimates SHOULD BE VIEWED AS THE LOW END OF THE TOTAL GOLD present on the site."fully explored to depth which could reveal even more gold. Basin Gulch, however, is not the only property Dutch Gold Resources has at their disposal for gold production. The company also has the 100% owned Jungo Property in northern Nevada, which is set for a completed NI 43-101 sometime early next year. A description from the company website-


"The Jungo property contains extensive exposures of brecciaed and silicified Paleozoic sedimentary rocks in contact with Tertiary volcanic rocks to the north and east. Surface samples from the property were anomalous in gold and silver, with several samples assaying better than 0.1 opt gold, and one sample greater than 0.6 opt. "

The companies' 100% owned 330 tons per day capacity mill, using the lower figure of .1 opt, could produce 33 ounces of gold per day at 330 tpd x .01 opt. If the mill is operated at 340 days per year, the company can bring in revenue of at least $14,586,000 per year and this estimate could be low as many wall street gurus such as Jim Rickards are calling for gold to steadily climb upwards possibly as high as $10,000 oz.

Dutch Gold Resources offers an amazing leverage to this gold rush by providing shareholders with a high number of ounces of gold in the ground per share. The company currently has only 198M shares outstanding with a very low float of 90M shares.

It's 100% owned properties give investors .014 ounces of gold in the ground per share, this equals $182 of gold per share at $1300 gold.

The current share price as of last Friday, November 12th is just less then 3 cents at .028. At this current price, the market values Dutch Gold Resources at only $4 million dollars. This is incredibly low given their proven and probable assets of 2,803,970 ounces gold and growing with new drill results coming in the first quarter of 2011.

2.8M oz. of gold at $1300 per oz.= $3,640,000,000

After expenses and taxes, this still gives the company a possible billion dollar profit from their gold holdings, and that could be low given the bullish future of gold! If the market valued this company at just 10% of their gold holdings, you could see share price reach as high as $1.50 in the coming months.

There have been companies recently, with 2-3 times as many outstanding shares, make 1000-2000% gains after being in a position similar to Dutch Gold Resources.This resource update significantly increased the size and quality of the Basin Gulch deposit. The gold resource remains open for Basin Gulch project in all directions. We are enthusiastic about the potential for future discovery, both in the discovery . There is a huge risk with this stock , however there is alot of promise and could make you mad money !doing a little research just came across this article.. shamika gold use to be AGDI and is now trading under SHMX. Trading at .39cent.. DGRI owns 5 million shares..


looked interesting.. Also seems like we should be getting results of the jungo project this month..•The company has taken steps to leverage its other assets with the spin-off of AGDI, retaining 5.5M shares of AGDI stock


•DGRI has increased the depth and caliber of its management team over the last twelve months, positioning the Company for rapid growth

Long Term Play - #Dow Jones 36,000 ? #Stocks to buy in #2014 ? $DJI

'

Long bull markets inevitably spawn outlandish predictions about the Dow Jones Industrials (DJINDICES: ^DJI ) . One of the most notorious came 14 years ago, when the book Dow 36,000 predicted that the bull market of the roaring 1990s would continue into the new millennium and cause the Dow to triple again from its highs even after already having almost tripled in just four years.Why Dow 36,000 could happen
Earlier this year, James Glassman, one of the coauthors of Dow 36,000, wrote an article for Bloomberg explaining his theory for how the stock market could rise to unprecedented heights. Essentially, his argument was mathematical: measuring the gains from the market bottom in early 2009, Glassman noted that a similar percentage rise from the then-record high that the Dow had just set would push the average close to the 36,000 level.

Updating that argument to now gets you past the 36,000 mark. From the March 2009 low of 6,547, the Dow's gains amount to 138.5%. Add on another 138.5% to the Dow's current level of 15,616, and you reach Dow 37,246 -- comfortably above the 36,000 target.Why Dow 36,000 could be a pipedream
The biggest problem with the Dow 36,000 argument is that the stock market isn't in the same condition as it was in the 1990s. Even as the Dow climbed from late 1987 to early 1995, corporate profits did a good job of keeping up, with the S&P 500 (SNPINDEX: ^GSPC ) posting only a modest rise from 14 to about 15 times earnings. That put the Dow in position to rise even further in the vast multiple expansion that came in the second half of the decade.

In one way, the earnings picture is even more impressive this time around than it was in the late 1980s and early 1990s, as corporate profits have boomed since their financial-crisis lows. But earnings multiples are quite a bit higher, approaching 19 times earnings for the S&P 500 and 18 times earnings for the Dow. As such, even if the Dow's price-to-earnings ratio soared to 30, it still wouldn't be enough to reach Dow 36,000 without further substantial growth in corporate profits.

Further earnings growth isn't impossible, but we've already seen companies take advantage of most of the easy ways to boost profits. Low interest rates reduced borrowing costs to a multi-decade low, and corporations have cut their costs to the bone. Further growth will likely have to come from higher sales, and revenue growth has been notoriously difficult to achieve recently.

In the long run, Dow 36,000 is inevitable
Of course, if you're not in a hurry, Dow 36,000 is a near-certainty in the long run. You just might not want to hold your breath expecting it in the next four or five years.


Before dismissing that argument out of hand, a look back at history proves that such arguments aren't completely far-fetched. The Dow has actually accomplished a similar feat before, rising from 1,766 just after the 1987 stock market crash to more than 4,200 by early 1995. Over the objections of many who said the bull market had run too far too fast, the Dow proceeded to jump over the 10,000 mark four years later
by : http://www.fool.com/investing/beginning/2013/11/03/dow-36000-can-you-count-on-it.aspx

Will Dow hit 20,000 or Dow 10,000 in 2014 ? #RT

The Dow Jones Industrial Average (DJINDICES: ^DJI ) closed the week at 15,570, less than 1% below its all-time record high. Yet as the fifth anniversary of the financial crisis is upon us, the question many investors are asking is whether the Dow 20,000 level will be the next major milestone to get breached, or whether a bear market will send stocks back to Dow 10,000 or even further downward into four-digit territory. Let's take a closer look at the arguments for both sides.


Universal symbol for the stock market elevator. Source: author.

Why Dow 20,000 isn't so far-fetched
Arguing for Dow 20,000 might seem like a symptom of the greed that so often surfaces near market tops. But when you look at the fundamental economic health of the Dow's components, Dow 20,000 doesn't seem nearly as much of a reach.

A simple earnings-multiple-based approach shows just how reasonable Dow 20,000 sounds. Right now, aggregate consensus operating earnings for the 30 Dow components adds up to just under $1,050 annually, equating to an earnings multiple at current levels of just under 15. That isn't ridiculously cheap, but it's far from the most expensive multiple the Dow has ever sported. Looking forward to 2014, analysts see earnings rising to about $1,135, putting the current Dow at less than 14 times forward earnings.

An immediate jump to Dow 20,000 would raise those multiples to around 19 and 17.6, respectively. Even those higher multiples don't represent records, and bulls could argue that low interest rates justify higher stock market valuations.

Moreover, if you look further out, you'd give Dow earnings even more time to grow. In that case, by the time we hit Dow 20,000, earnings might well have grown enough to make the then-prevailing earnings multiple look downright normal.

The road to Dow 10,000
On the other hand, many scared investors have far less trouble believing a potential drop to Dow 10,000. After all, that level would represent about a 36% drop -- almost the same as the stock market's plunge during the 2008 financial crisis.

What could cause a plunge to Dow 10,000? There are a couple of likely scenarios:
•Several high-priced Dow components, which have the greatest influence on the average, have relied on substantial growth to justify their rich multiples. Visa (NYSE: V ) trades at more than 25 times 2013 earnings estimates and is the highest-priced stock in the Dow. Boeing (NYSE: BA ) has climbed to more than 19 times 2013 forward earnings. Both Visa and Boeing have huge growth prospects, with Visa looking for its electronic-payments network to capture a greater percentage of worldwide transactional activity, while Boeing has identified a nearly $5 trillion opportunity to deliver aircraft to customers hungry for modernized fleets with greater efficiency. Any threat to those high-growth stocks could send their multiples back toward the Dow's overall level, and such a move in just those two stocks could take 1,000 points off the Dow.
•On the other side of the coin, several more of the Dow's highest-priced stocks are slow-growth giants under various threats of their own. Goldman Sachs (NYSE: GS ) has struggled with the recent damage to the bond market, and greater regulation threatens its long-term prospects. IBM has delivered disappointing revenue figures for several quarters now, and the sluggishness in its results could eventually prove too severe for IBM to overcome using share repurchases and other tactics to keep earnings-per-share figures rising. And in the oil sector, Chevron (NYSE: CVX ) faces the constant challenge of keeping production high. Failures from any of those stocks could cause earnings to erode quickly, which in turn would push share prices lower and pull the entire average down toward Dow 10,000.

Prepare for whatever comes
Knowing whether Dow 20,000 or Dow 10,000 will come first would require a crystal ball, but one thing is simple to understand: regardless of whether we see Dow 10,000 ever again, it's almost a given that whether it takes months, years, or decades, Dow 20,000 will eventually become reality

The Stock Market Will Crash in 2014 ?

Wall Street is optimistic about the prospects for the stock market in the coming years.

Today, the S&P 500 closed at 1676. The median 2014 year-end target for the index among Wall Street equity strategists, according to a poll by Bloomberg, is 1900 — 13% above today's levels.

Thus, a new report from Société Générale's asset allocation team — which calls for a 15% correction in the stock market in the first quarter of next year, followed by a multi-year journey back to where the index sits today — may come as a bit of a shock.

SocGen S&P 500 price targets
titled "S&P 500: -15% in sight, then the big sleep" — SocGen's global head of asset allocation, Alain Bokobza, explains how an unwind of easy money policies at the Federal Reserve and ongoing dysfunction in Washington will cause the stock market to languish.

"Strategically, we advise investors to switch into eurozone and Japanese equities, where economic policy is much clearer, monetary policy very loose and positioning is low," says Bokobza.

The strategist lays out the case in the report:

Between now and the end of the year, any decline in the S&P 500 is likely to be limited given that the Fed is still injecting liquidity. We expect the S&P to be at 1600 by year-end, in line with our technical analyst’s forecast (1560+/-10pts).

SG economists expect the January FOMC meeting to be the most likely timeframe for tapering. They look for the first move to be $20bn (instead of the $5-10bn previously expected by the market).

We expect the drop to accelerate at the start of 2014 as the market starts pricing in the end of asset purchases (i.e. well before the market’s Fed tapering expectation). The S&P 500 should dip to 1450 on our estimates, down c.15% from the peak.

Keep in mind the S&P 500 fell by -16% after QE1 stopped and by -17% after the end of QE2.

From Q2 2014, the S&P 500 should start to recover slowly after a technical rebound (c.+7%), as 'Growth' returns to the forefront. We see the S&P 500 at 1600 by the end of the year, so 2014 should be rather flat.

In the two to three years that follow, the U.S. equity index should remain relatively flat, burdened by higher yields (rate hikes in mid-2015), a higher U.S. dollar and limited earnings growth (Return on Equity is already high), but supported by better economic prospects and a new shareholder value cycle, staving off a bear market.

The SocGen report calls Fed tightening "a cap on the U.S. equity market," pointing to liquidity as "the main driver of U.S. equities since 2008."There is a massive wealth destruction coming warns Hong Kong economist Marc Faber, who predicts the Super-Rich may lose up to 50 percent of their total wealth.

Somewhere down the line we will have a massive wealth destruction and that usually happens either through very high inflation, through social unrest, through war or a credit-market collapse and things get worse before they get better.

Most stock markets peaked in May 2011 and we will experience further weakness in the second half of 2012. Corporate profits will continue to disappoint, stock markets are oversold, the U.S. government-bond market is overbought, the U.S. dollar is overbought and gold is oversold near term. Analysts are very negative about the outlook longer term, especially the 2013-2014 Stock Market — the world is heading toward a major crisis.

U.S. Treasury’s are earning only 1.6%, and the cost of living is increasing by about 5% a year around the world — you are getting a negative real return.


Simply put, stocks will not be able to handle higher interest rates.

" U.S. equities have been able to absorb the recent increase in the [10-year] bond yield without panic thanks to a high equity risk premium," says Bokobza. "The U.S. equity risk has dropped from 6.8% to 4.7% over the last 10 months. According to our proprietary risk premium model, U.S. equities can absorb only c.80 [basis points] more; i.e., a bond yield of around 3.4% (to normalise our risk premium at its long-term average)."

The surge in long-term interest rates that accompanied a big sell-off in the Treasury market this summer as investors anticipated a tapering of quantitative easing did not weigh much on the stock market, but the 10-year yield only made it to 3.0%.

global market valuations

Datastream, SG Cross Asset Research/Global Asset Allocation

Note: Red line = linear regression. Return on Equity = 12-month forward earnings/current book value

SocGen says the U.S. stock market — along with Switzerland's — is the most expensive in the entire world, as the chart at left illustrates.



"We continue to find some value in U.S. equities, but we particularly like financial sectors," writes Bokobza. "The rest of the market is now back to pre-crisis levels, trading at 3.2x book value. Over the last 30 years, the only period non-financial U.S. stocks traded higher was during the dot-com bubble (1997- 2001), when markets entered into a period of ' irrational exuberance'."

From a fundamental standpoint, SocGen argues that it's becoming increasingly difficult for companies to deliver on earnings expectations. the market may crash 20% or it may rise 20% or something in between or rise something greater than 20% or decline by more than 20 % , or it may be relatively flat, or slightly higher or slighly lower than basically flat.

"While the profitability of U.S. companies is already relatively high, earnings momentum remains in negative territory and is decreasing," says Bokobza. "It will be increasingly difficult for U.S. companies to beat consensus expectations. Last year earnings growth expectations for 2012 and 2013 were revised down sharply from the double-digit level. The consensus expects 10% earnings growth for 2014 and 2015."

But what about the Great Rotation?

"There is more money in U.S. equities now than in 2007 (not the case for European equities)," writes Bokobza. " Everyone has found good reasons to buy U.S. equities, even if some of those reasons are incompatible with one another: economic recovery, monetary stimulus, energy revolution, safe haven area or simply a lack of alternatives."

"After gaining 170% since March 2009, we believe that US equities are a tired and crowded asset now."

investors overweight equities

by - http://finance.yahoo.com/news/big-sleep-why-stock-market-203506941.html