Three Smart "Nuclear" Investments To Invest In Today
Rob Mackrill - Mon 12 Feb, 2007
The following is not intended as investment advice. Your capital is at risk when you invest in shares – you can lose you some or all of your money, so never risk more than you can afford to lose. Figures in this promotion refer to the past and past performance is not a reliable indicator of future results. Always seek personal advice if you are unsure about the suitability of any investment.
~~ An Exclusive Fleet Street Letter Investigation ~~
At 9pm on October 10th 2007, the door was shut on the nuclear debate. Today, a Top Secret 50-page government document reveals...
"Britain WILL go nuclear — and phase 2 has already begun"
The price of uranium has increased over 700% in 5 years. But our analysts have identified 3 even better ways you could profit from the nuclear revival - and these white-hot investments are sitting right under your nose...
Dear Friend,
After 20 years of unofficial ban, Britain is likely to start building nuclear power stations again.
The consultations are over. The 'New Nuclear Epoch' has already started...whether you like it or not.
A highly confidential 50-page government document all but proves it.
Attempts by Greenpeace to make these revelations public under freedom of information rules have been repeatedly blocked. Until now. . .
Thanks to a landmark court ruling, the Government has been forced to release this top secret report.
And the true extent of their nuclear ambitions is startling:
Plans for a "new generation of plants"... with replacement reactors for up to 19 "existing or redundant civil and military nuclear power stations".
"Nuclear makeovers" for 14 old coal and gas-fired power stations "in the Midlands, the south coast near Brighton, and near Bristol".
Plans for over 12 stations to be constructed on "completely new Greenfield sites".
All in all, as many as 8 brand new nuclear power stations could be erected from scratch in the next 15 years, at a cost of £1 billion each.
Nuclear power isn't just back on the energy agenda - it's the ONLY agenda!
Nothing can stop it. Not the environmental campaigners. Not the threat of terrorism. Not left-wing opposition. Not even the oil companies.
I believe the only thing YOU can do is prepare your investments for a nuclear United Kingdom.
Which is why I'm writing to you now.
I'd like to introduce you to three simple investments we believe will do very well indeed as the new generation of British nuclear power begins.
One of these opportunities - an obscure, UK-listed nuclear play - has the potential to return 24% in 12 months.
This figure is a forecast, forecasts are not a reliable indicator of future performance.
For this reason, I'd like to rush you each of these opportunities in my just-published report, Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future. Inside you'll get all of the details behind each of these three plays - including how much you should invest and at what price, and most importantly, how much you stand to make.
It's yours, absolutely free.
But I've jumped ahead of myself. First I'll quickly give you the background...
The Bad Boy of Energy Makes a Comeback
There was a time when we loved nuclear power.
It was October 17, 1956. On that day, several thousand excited onlookers watched in awe as the Queen pulled the lever on the world's first full-scale nuclear power station at Calder Hall in Cumberland.
Lord Privy Seal, Richard Butler, called it: "Epoch-making. It may be that after 1965 every new power station being built will be an atomic power station."
As you know, that didn't quite turn out to be the case.
Public opinion soon turned nasty for nuclear.
A meltdown at Three Mile Island in Pennsylvania... the Chernobyl disaster... concern over clusters of leukaemia found near stations... lack of safe ways to store radioactive waste...
By the 1990s, what had been billed as a clean, cheap, and limitless energy source had become too hot to handle.
Fast-forward to 2007.
Record-high oil prices, the situation in the Middle East and the lack of new oil fields being discovered have given nuclear a new-found popularity worldwide.
What's more, the UK government has a couple of serious problems on its hands.
First, it's pledged to cut carbon emissions to 20% below 1997 levels, and by a massive 60% by 2050. Second, one third of our current electricity generation is due to close within 20 years.
To solve these dilemmas, you're going to have to resort to unpopular measures.
And the green light has been given to the most unpopular measure of all...
Back in 2005, Tony Blair announced that he wanted a new energy review, including a fresh look at the issue of nuclear power. The decision to go nuclear would only be made after all parties had engaged in an open and fair discussion.
At least, that's what you were led to believe...
The Secret Chequers Meeting Where the Nuclear Decision was Made for You
The truth is the discussion would be anything but "fair and open".
According to the Guardian, Blair convened a secret meeting at Chequers back in 2002. Many informed sources believe this was where nuclear was given the go-ahead.
After that Blair made his nuclear leanings well-known:
"Neither renewable energy nor greater energy efficiency can provide the complete solution to the shortfall we face." Britain must build a new generation of nuclear stations, which would "yield economic benefits in terms of carbon reduction and security of supply".
What you may not know is that new Prime Minister Gordon Brown is an even bigger fan of uranium-based power.
In May 2007, The Observer reported:
"The Prime Minister-elect will give the green light to the plans that will show that he is backing Tony Blair's support of the nuclear industry".
In his first prime minister's questions on July 4th, when former Liberal Democrat leader Sir Menzies Campbell asked whether Brown would abandon the "headlong rush" to new nuclear, Brown responded: "...the security of our energy supply is best safeguarded by building a new generation of nuclear power stations."
It seems the whole "consultation" process has been an elaborate charade. And, finally, the proof has come out...
Welcome to Britain's 'New Nuclear Epoch'
The Department of Trade and Industry (DTI) was forced to release a highly-confidential 50-page research dossier - commissioned from leading energy analysts Jackson Consulting.
And the extent of the DTI's plans has shocked even pro-nuclear campaigners...
The document revealed a "new generation of plants" would be built on any of 14 "sites of old coal and gas-fired stations in the Midlands, the south coast near Brighton, and near Bristol". Each would cost well in excess of £1.5bn.
But the government's nuclear ambitions don't stop there. . .
Areas around the Wash, Midlands and Yorkshire have also been highlighted as "key opportunities for nuclear development."
They also plan extensive nuclear upgrades "at existing or redundant civil and military nuclear power stations."
Four existing nuclear stations are the frontrunners - at Hinkley Point, near Bristol, Sizewell in Suffolk, Bradwell in Essex and Dungeness in Kent.
A further option would be to develop stations at "completely new greenfield sites".
So... the cat is well and truly out of the bag.
And the amazing thing is these plans were drawn up while the public was still being "consulted"!
The High Court has ruled that these advanced preparations showed that the consultation has been "unlawful, misleading, seriously flawed, manifestly inadequate and procedurally unfair".
Damning words. But they won't be enough stop the Government attempting to forge ahead. In fact,
The UK's Nuclear 'Renaissance' Has Already Begun!
Despite the fact it's a charade, Alastair Darling has grown impatient was his so-called "fair and open" discussion.
"This is a really urgent problem," he said in May. "When deciding the future energy mix, we've got to come to a decision one way or another this year."
Final submissions to the government on the nuclear issue needed to be made by 9pm, October 10th 2007.
The door is now shut on the 'fullest public consultation' promised by Brown and Darling.
Nuclear Britain: Phase 2 is about to begin...
You're about to witness a vast expansion of our current 24-reactor nuclear capacity.
After years of half-truths, secret meetings and spin, the next generation of nuclear power looks about to kick off...
But what's all this got to do with YOU?
I'm writing to you today because vast profits can be made from Britain's return to nuclear power...
...By a select group of well-positioned companies... And the smart private investors who choose to back them now.
If you follow this story closely - and make the right moves today - you could get there before 99.9% of the investing public.
But don't take my word for it. Let me rush you a copy of my newest groundbreaking report, called Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future. Remember, this report is yours free.
There's no charge. All you have to do to send for it is follow the easy steps at the end of this letter. Do that and you'll gain fast access to what I believe will be three of the best 'new energy' investments you will ever make. Starting with:
A Secret 'Quick Profit Play' on Britain's Nuclear Rebuild Programme
Invest soon and you coupld see 24% returned in 12 months
As an astute follower of the markets, you're probably already familiar with the astounding bull market in uranium that's occurred in recent years.
From a low of $7.10 a pound in 2000, the uranium price has soared to as $123. No other commodity has come close to matching these gains.
Oil has hogged all the headlines. But U-308 "yellowcake" has quietly outstripped crude's performance by well over 2:1.
The uranium bull can't be ignored. And I'll tell you about a perfect 'backdoor' way to capitalise on it in just a moment.
But there's a deeper, more immediate profit opportunity you need to know about first...
I'd like to introduce you to a little-known UK- listed uranium stock that could benefit greatly from the UK's nuclear rebuild programme.
In fact...
As soon the first pound is spent on the rejuvenation of Britain's nuclear power plants, I expect this one stock to blow sky high!
Here's why. . .
Everyone knows nuclear reactors need uranium to make energy. A little-known fact, however, is that a brand new reactor requires between 17 million and 22 million pounds of uranium before start up.
That's a HUGE amount of uranium that has to come from somewhere before a station can produce even one watt of electricity.
To put this start-up requirement in perspective, this same reactor will only require 500,000 pounds of uranium every year after that to function.
Now here's the thing. . .
According to Sprott Securities: "For the fuel rods to be fully fabricated and tooled for use, the uranium must be purchased/mined, converted, enriched and fabricated."
This process takes up to 3 years.
In other words...
If Britain has any hope at all of stockpiling enough uranium to get even ONE new atomic power station online (let alone 8) they need to start now.
Problem is:
EVERYONE Wants More Uranium
According to the World Nuclear Association, 158 nuclear reactors were proposed around the world in 2007 - with 28 currently being built and 64 expected to begin construction this year. This is on top of the 435 reactors already operating.
Japan intends to add 11 by 2010
China hopes to add as many as 30 by 2020
India wants to build up to 20 more
Russia's energy goals call for at least 42 new nuclear reactors...perhaps as many as 58!
My point is this - each one of new stations requires up to 22 million pounds of new uranium, just to get started! And they need it immediately.
But where, exactly, will they get it?
Currently, production from world uranium mines now supplies only 62% of the ongoing requirements of nuclear power utilities. The rest is made up from rapidly dwindling stockpiles, mainly old Russian nuclear warheads that are converted to material for power plants. This agreement, between Russia and America, expires in 2013. It won't be renewed, since the Russians have a very ambitious nuclear program of their own.
In the U.S. alone, utility consumption of uranium outpaces uranium production by more than 20-to-1.
On top of this, recent supply disruptions mean uranium will be VERY hard to come by in 2008... a year where dozens of countries will be looking for more and more of it.
The uranium market was struck a catastrophic blow when the Cigar Lake mine in Canada flooded last October. This mine was going to bring 18 million pounds onto the market annually.
Keep in mind, 18 million pounds is more than a tenth of last year's total global demand of 171 million pounds. That's like the global oil market losing Saudi Arabia's production!
In 2008, uranium demand was already expected to exceed supply by 25 million pounds. With the re-opening of Cigar Lake seriously delayed, that gap will be 32 million pounds. Put another way - the shortfall in uranium looks set to soar by 30% just in 2008.
Yes, Cigar Lake should be brought back into production eventually. But Britain (not to mention the rest of the world) needs vast quantities of uranium NOW.
Which is exactly where the crafty, UK-listed outfit I want to tell you about comes in...
Buy this Secret Uranium Stockpiler NOW!
This company has seen a shortage in uranium coming for some time.
So they've been quietly buying and warehousing vast quantities of the glow-in-the-dark metal, in order to take maximum advantage of the coming supply crunch.
By 31 December 2006, these stockpilers held 2.3m pounds of U308, at a purchase cost of around $47.10 per pound. Assuming the price of uranium rises to $150 by year end - as Uranium One CEO Neil Froneman and we at The Fleet Street Letter believe - this 2.3m llbs will be worth $345m
As demand for uranium mounts in the coming months - both here and abroad - we expect the share price of this company to rocket.
If our calculations are correct, an investment made soon could potentially return 24% in 12 months.
But that's not all...
Due to the substantial supplies it has quietly acquired in the last two years, this company is an attractive takeover target to a larger uranium mining group or to a private equity interest.
If that happens next year - when the real supply crunch should start to bite - who knows how high this stock could climb?
This is one of the most promising short-term profit opportunities we've identified in quite a while. I can't tell you more about it here.
In my free report, you'll find out why this company is ideally positioned to take short-term advantage of the squeeze in uranium supplies. Why it's previously gone unnoticed by investors. And why it's one of the cheapest stocks in its field, with outstanding financials... which I'll reveal when you claim your FREE copy of Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future.
I'll tell you how to get your hands on it shortly. Alternatively if you would like to join The Fleet Street Letter right away click here.
Let me make some quick introductions...
70 Years of Wealth-Building and Wise Council
My name is Rob Mackrill. I'm the Managing Editor of the UK's oldest independent investment advisor, The Fleet Street Letter.
It's hard to believe the Letter is about to celebrate its 70th year. When it started, nuclear power wasn't an investment story. It was the subject of science fiction novels!
In 1938, our inaugural year, we weren't warning investors about Peak Oil, the rise of the Chinese Dragon and global property bubble. Instead The Fleet Street Letter cautioned its readers that the appeasement policy of the British government would end in failure... and a Second World War.
Britain's impending swing back to nuclear is just the latest in a long history of predictions that have helped our readers protect their wealth and profit.
Please note: past performance is not a guide to the future.
Let me give you a brief history:
The collapse of communism. Our Editor-in-Chief, Lord Rees Mogg, predicted the collapse of communism before anyone had even heard of Gorbachev. While the fall of the Berlin Wall and the revolutionary changes sweeping across Europe shocked the world, they didn't surprise our readers. We also told them how to profit from these momentous events.
The 80's property boom. In the early 1980's, The Fleet Street Letter predicted an unprecedented and sustained surge in property prices. We urged our readers to buy smartly but aggressively. In June 1988, we saw the wheels coming off the UK property boom... warning members (correctly) that house prices were about to tumble.
Black Monday, 1987. It was a dark time for most investors. But not readers of The Fleet Street Letter. In September we warned: "Hold some cash and get into gold... we are almost certainly about to see a period of significant correction." On 10 October we told readers more plainly: "Time to be out!" By 19 October the FTSE had begun its biggest decline in recorded history... plummeting 26.9% in a fortnight.
Gains on Taiwanese shares. In March 1996, we recommended buying Taiwanese shares after a panic about Chinese invasion made the market drop to a low of 5,000. We weren't afraid to invest where others were not. The Taiwanese market more than doubled in 18 months - hitting a new high of 10,117 in August 1997.
When the Dotcom bubble popped. In September 1999 we warned: "CRASH IMMINENT! Take tech stock profits now". Investors who had followed our tech tips closed out and surfed their way through whilst all around them were sinking.
The rise of Islamic fundamentalism. In spring 2000, 18 months before September 11, The Fleet Street Letter predicted that the rise of Islamic fundamentalism in the Middle East would trigger a world oil crisis. The price of oil then leapt from $34 to over $70.
Here at The Fleet Street Letter, we value independent, intelligent analysis. Above all, we respect truthfulness - a rare commodity in this age of political spin.
As an independent advisory, we do not court approval. In fact, our views are often considered by the herd to be unfashionable.
Unfashionable they may be. But they are well-researched, sensibly considered and authentic. They also have the potential to make our members wealthy.
Take the next nuclear recommendation I want to send you, free of charge...
How You Could Profit from 'Generation III' Nuclear
The plant-builders who're taking British nuclear into the 21st century
As you've seen, the UK government - whether it's openly admitting it or not - looks to have already given the go-ahead to a rejuvenated nuclear power programme.
But which companies will profit from the development of new nuclear facilities in Britain?
What's required is a completely new generation of nuclear power plants: dubbed 'Generation III'.
The UK's current fleet of Magnox and Advanced Gas Cooled Reactors (AGRs) are Generation I and Generation II designs, the vast majority of which are fast approaching the end of their 40-year operating lives.
The new power plants that could replace them are Generation III+ reactors. These reactors will:
Run more efficiently: Years of experience operating reactors has allowed engineers to simplify designs and cut generation costs.
Run more safely: In the event of a "severe accident", safety systems will use natural forces such as gravity, circulation and evaporation, to minimise problems.
Produce FAR less waste: Industry experts say the new reactors will generate only 10% of the waste the UK's entire nuclear sector has produced to date!
The drawback is we're talking about ENORMOUS projects here... in terms of time, work and money involved.
Construction costs alone are around £1bn per reactor. It can take up to 10 years to commission and build just one plant. The earliest date at which new nuclear capacity, built from scratch, can be added in the UK is around 2016.
But that doesn't make this a long-term profit opportunity. Construction on these 'next-gen' reactors will commence very shortly... and so will opportunities to make sizeable year-on-year investment returns.
We've identified one company we believe will do particularly well in this area.
This company is heavily involved in both the construction of new stations, as well as plans to extend the life of two existing stations: Hinkley Point B and Hunterston B, both of which are nearest to their closure dates.
We believe this stock is perfect exposure to the medium-term UK nuclear energy story.
I'd love to tell you more about it, as well as the other two white-hot nuclear plays we've uncovered. But I can't. We believe if you come across a promising investment opportunity, you don't go shouting about it from the rooftops.
And it also wouldn't be fair to our readers if we broadcast this information too loudly.
But listen: I've arranged a way for you to get the whole report, Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future, free of charge.
All you have to do is accept this invitation to take a trial look at The Fleet Street Letter. No strings. No obligations.
If you don't like what you see, we'll refund your subscription immediately - and you can KEEP our nuclear report.
But if you've read this far, I believe you're someone who will benefit greatly from our unique, no-frills brand of investment commentary.
As reader ML wrote to us recently: "You say what you have to say, then you shut up. Not everyone has mastered this valuable skill."
The Fleet Street Letter sets itself apart from mainstream media. We bring you intelligent thought and advice based on careful analysis. Our sole aim is to help you profit - no matter what transpires.
At times you may find our articles provocative. We make no apologies. Above all, when it comes to investment, we believe the best course of action is often the least popular.
A perfect example is the third and final investment recommendation you'll find in your free report, Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future.
Prepare for Uranium $500
And stake your claim in a 20-year bull market with this one beaten-down stock
Take a look at the chart below...
As you can see, uranium has had a remarkable time of late. Since the radioactive metal bottomed out at $7.10 per pound in 2000, it's put on well over 1,500% in just seven years.
Recently, however, the uranium spot price dropped back to $110 a pound. It was the first time in six years that the uranium price dropped.
The reaction of the finance press was predictable: "Uranium bull OVER!"
But we think that's absurd. No bull market travels in a straight line. A correction was inevitable... in fact it's amazing it hadn't happened sooner. We're talking about an almost 200% increase since July last year!
Our view is very clear...
Uranium's spot price today is only a fraction of what it will be in the next ten years. And even then it could have much further to climb.
At The Fleet Street Letter, we believe the coming supply crunch points to $200 uranium in as little as 6 months. $500 uranium by the end of the decade is not just possible, but probable. In fact, if you really study the fundamentals, a spot price at $2,000 per pound in the medium term really isn't out of the question.
Of course, such a statement needs back-up.
You'll receive a detailed breakdown of the long-term uranium bull... and why many experts believe it will run for the next 20 years... in your FREE report Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future.
But first, let me just give you a brief glimpse of why this is the ONE bull market you'll want to be in for the next two decades. . .
4 Drivers of the Great 2007-2030 Uranium Bull
I've already shown you why uranium prices are high right now. Let me now give you a more long-term view of the market. . .
SHORTAGE, SHORTAGE, SHORTAGE! It's simple economics. By 2050, scientists estimate the world will need about 900 more nuclear power plants to keep up with growing energy requirements. As a result, the undeniable reality is that demand for uranium will continue to outstrip supply. Right now, mines are supplying around 102 million pounds of uranium per year. And yet the world is consuming 171 m illion pounds a year. That's a 68.5 million pound gap - at current levels. And as more new nuclear power plants come online, that demand will grow MASSIVELY. For this reason, Sprott Securities expects uranium prices "to continue to strengthen for the next 20 years".
China, the uranium-devouring MONSTER! China is a driver on its own. Chinese demand has been a driving force behind uranium's price rise since 2000. At the moment, China produces 3% of its electricity from nuclear power. According to energyandcapital.com, China's goal is to produce 100% of its electricity through nuclear power. Just think how much uranium that will require!
Nuclear sensitivities will hamper production INDEFINATELY. The basic economics of commodities are that prices go up... then it becomes more profitable for producers to ramp up production... then more supply comes online... and prices stabilise. Uranium is different. Because it can be used to make nuclear weapons, uranium's production and trade is subject to tight regulation. This means new uranium production ventures are often blocked or hampered. And with nuclear proliferation rearing its ugly head again, we at The Fleet Street Letter don't see these regulations being softened anytime soon.
Finally and probably most importantly...
Nuclear opposition will soon go the way of the dodo! Although nuclear power has long faced strong opposition because of its perceived risks, that opposition is eroding worldwide. Climate change hysteria, the high costs of fossil fuels, and design efficiencies have each made nuclear power a commercially attractive alternative to almost every other major energy source.
Even Greenpeace founder Patrick Moore now says: "Nuclear energy is the only non-greenhouse gas-emitting power source that can effectively replace fossil fuels and satisfy global demand." Nuclear power also reduces dependence on imported oil and gas, as uranium is a small proportion of total costs (about 7%), and most of it comes from politically "safe" countries - Canada, Australia, the US. Let's face it... Getting into uranium is a no-brainer. How you get into it, though, is a different matter...
Buy this Bargain Stock Before the Second Phase of the Uranium Bull Begins...
In Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future you'll read all about the one investment we believe can help you make maximum potential gains from the long-term uranium bull.
They're an offshore uranium miner with well over 200m pounds of uranium oxide in reserve. What's more, while many other producers are stagnant, they estimate their uranium production to RISE every year between now and 2011.
But what makes this such an urgent buy is the fact that this stock has had a rough time of late. Production delays and the recent dip in uranium have unfairly hammered the share price.
That means the time to get into this long term uranium play is RIGHT NOW.
We believe this company could reward you with a potential gain of 24% in 12 months. In the long-term, the potential gains are MUCH greater.
This figure is a forecast, forecasts are not a reliable indicator of future performance.
In fact, adding this stock to your portfolio now could quite literally be like buying shares in British Petroleum when it first listed.
You'll get everything you need to know about it in your free report, Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future.
To claim it, all you have to do is take a no-obligation look at one of the UK's best-kept investment secrets. . .
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Two Extra FREE GIFTS to Help You Prosper Over the Next 12 Months
As a gift for trying us out, I will rush you our report: Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future.
But that's not all.
As soon as we receive your trial membership form, we'll dispatch to you two more FREE reports specifically designed to help you survive and prosper during this time of risk and uncertainty:
The Fleet Street Letter's 3 Exceptional Stocks to buy for 2008 details THE three shares The Fleet Street Letter recommends you buy today as a hedge against the threats we're facing... as a way to exploit the most powerful investing trends of our times... and to help you land potentially massive profits.
The Secrets of The World's Contrarian Investors - packed with the investment experience and insights of Warren Buffett... the late James Goldsmith... Sir John Templeton... this report reveals the secrets and strategies of some of the world's leading investors.
These gifts are yours to keep, whatever decision you make about The Fleet Street Letter. But please, don't delay...
The Time to Stake Your Claim in a New Nuclear Britain is NOW
Time is of the essence here.
As energy minister Malcolm Wicks stated on 19 July: "No one wants the lights to be going out in 20 years time. I'm not saying they will. They won't. But they won't because of the decisions we will be taking over the rest of the year."
On October 10th 2007, the 'public debate' on Britain's new nuclear future ceased.
According to anybody who is anybody, the decision is made.
From then on, countless billions of pounds will be invested in Britain's new era of nuclear power.
The companies that soak up this cash - and the investors who have the foresight to back them now - stand to make an absolute fortune.
Britain aside, nuclear is - undeniably - a long-term global investment theme that can't be ignored. And you'll receive our three very best picks when you send for Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future.
Here's all you need to do.
Simply click on the link below to subscribe by direct debit or credit card. As soon as we receive your request we'll post you the latest issue of The Fleet Street Letter, Britain Beyond Oil: 3 Smart Investments for a New Nuclear Future, plus your two other free gifts.
And remember that you'll be getting a full year of The Fleet Street Letter at half price. That includes a 3 month no-obligation trial period, 2 full issues of The Fleet Street Letter every month and updates by email every week.
With so much opportunity to profit... what have you got to lose by at least taking a look?
Yours sincerely,
Rob Mackrill, Managing Editor
The Fleet Street Letter
P.S. If you reply now you'll ALSO receive this crucial Fleet Street Letter report: The One Asset We Think You MUST Own, Whatever Happens to the Stock Market. This report will tell you everything you need to know about what we think is an essential asset to own in 2007 AND the best ways to invest in it. Whatever happens in the world and the UK economy, holding a portion of your wealth in this key asset - especially in the ways we recommend - is one of the shrewdest moves you could possibly make with your money today.
But remember, this is a limited offer - please join without delay to qualify for this extra gift and the special half-price rate. I look forward to receiving your reply...
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Your capital is at risk when you invest in shares – you can lose you some or all of your money, so never risk more than you can afford to lose. Shares recommended by The Fleet Street Letter may be small company shares. These can be relatively illiquid and hard to trade making them riskier than other investments. Some shares recommended may be denominated in a currency other than sterling. The return from these may increase or decrease as a result of currency fluctuations. Always seek personal advice if you are unsure about the suitability of any investment.
Since 01/01/99, when the service began, and 31/3/08, the average overall performance of The Fleet Street Letter’s open and closed positions was 20%. In the 12 month periods ending 31/3/04, 31/3/05, 31/3/06, 31/3/07 and 31/3/08, the overall performance of shares closed during that period were 23.73%, 29.46%, 19.81%, 26.84% and 20.71% respectively. Figures are calculated using the closing mid-prices on the date on which shares are first recommended, they do not take into account subsequent re-recommendations at a different price. All gains are gross, and returns will be affected by dividend payments, dealing costs and taxes. All portfolio figures are based on virtual performance. A full portfolio is available on request. These figures refer to the past and past performance is not a reliable indicator of future results. The promotion contains forecasts. Forecasts are not a reliable indicator of future performance.
Profits from share dealing are a form of income and subject to taxation. Tax treatment depends on individual circumstances and may be subject to change in the future. Editors or contributors may have an interest in shares recommended. Special first year price offers are only available to those who have not previously subscribed and are limited to one subscription per household. Fleet Street Publications is a member of the Financial Ombudsman Service compensation scheme. Full details of our complaints procedure are available on request and can be found on our website, www.fspinvest.co.uk. Fleet Street Publications treats all clients as retail clients.
The Fleet Street Letter is issued by Fleet Street Publications Ltd. Registered office 7th Floor, Sea Containers House, Upper Ground, London SE1 9JD. Customer services: 020 7633 3600. Registered in England and Wales No 1937374. VAT No GB629 7287 94. FSA No 115234. www.fsa.gov.uk/register. Fleet Street Publications is authorised and regulated by the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.
© 2008 Fleet Street Publications Ltd.




