Steve Sjuggerud is an investment guru who publishes his work via the publishing firm known as Stansberry Research.
He publishes a newsletter called True Wealth and contributes to a publication called Stansberry Digest. Sjuggerud has made quite a name for himself over the past few years as someone who makes big calls about the market.
In this piece, we take a look at Steve Sjuggerud’s predictions both in the short term and long term. But first, let’s take a look at his background.
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Steve Sjuggerud Predictions
Who is Dr. Steve Sjuggerud?
Dr. Steve Sjuggerud has been with Stansberry Research since 2001. He joined the firm and started publishing his work targeting investors with a conservative approach.
His schtick is that he finds super-safe, profitable investment ideas for his subscribers that the average investor never typically hears about until it’s too late and the money has already been made.
He edits True Wealth, an investment advisory that focuses on in safe, alternative investments overlooked by Wall Street. This approach is not unique to Steve though because we’ve seen other gurus at Stansberry Research like Dan Ferris and Matt McCall adopt it.
It abides by Steve’s principle that you don’t have to take big risks to make big returns.
Besides True Wealth, he is also the guy behind True Wealth Systems, Daily Wealth, True Wealth Opportunities: China (Chinese stocks), and True Wealth Real Estate.
Sjuggerud claims that his experience goes well beyond what you typically see with most gurus. He holds a doctorate in finance and has worked as a stockbroker, vice president of a $50 million global mutual fund, and a hedge-fund manager.
Over the years, as you will find out, Steve Sjuggerud has made some predictions and recommended to his followers what he’s deemed the best move in certain situations.
For example, Steve urged his True Wealth subscribers followers to buy gold back when it was trading around $320 an ounce. The people who took him seriously and invested may have made gains of 273%, 206%, and 182% in collectible gold coins, and 118% on Seabridge Gold.
He predicted an asset bubble (referring to it as the “Bernanke Asset Bubble”) after the Global Financial Crisis in 2008 because the then Federal Reserve Chairman, Ben Bernanke, promised to keep injecting more money into the economy to aid recovery.
“The asset bubbles he creates will cause some investments to go beyond what anyone can imagine in the next few years. These artificial asset bubbles will end badly – someday. In the meantime, you could make a ridiculous amount of money…“
He recommended investments that made money at the time. For example, True Wealth readers who followed his recommendations call could have seen gains of 419% in health care, 133% in technology, and 96% in biotech.
In another instance, Steve correctly called the bottom and recovery in the housing market, something few other analysts achieved. In predicting that, his readers would have been perfectly positioned for gains like 191% in the Blackstone Group and 82% in the U.S. Home Construction Fund.
He uses powerful computer software when publishing content for the newsletter, True Wealth System. This is the kind of software used at hedge funds and Wall Street banks to find the sectors that may return 100% or more.
The system allows him to test and maximize profits on any investment idea he can think of. Even a major financial research-industry insider called True Wealth Systems “the most in-depth research service ever developed.”
Steve has addressed a number of financial conferences in the U.S. and around the world, including at the New York Stock Exchange. He has appeared in the media, including the Wall Street Journal, Forbes, Bloomberg, and Fox Business News.
What Is Stansberry Research?
Stansberry Research is a research company in Baltimore, Maryland that publishes a vast collection of specialized research services and newsletters on its online platform.
Stansberry Research was founded in 1999 to provide retail investors with affordable research quickly that catapulted the company to the top.
Stansberry became an important voice in the investment research industry with the Stansberry Research editorial team having some big names in the business world among its ranks.
Prediction 1: Steve Sjuggerud’s No. 1 Prediction for the 2020s
On December 2021, Steve published an article for the Stansberry Digest where he issued his predictions for the coming decade.
Steve built his career on alternative investments and gold used to be one of them when no one fancied it. He has been a gold bug throughout his career but he said that he could give it up for a new investment that’s even better: Real Estate.
Steve has personally poured money into real estate over the past decade and it has done well. However, he thinks the biggest gains are on the way. He insists that it will act as a hedge against inflation.
Steve is recommending housing because he feels that the boom is not based on an irrational mania. He says that it’s all about supply and demand because there are many buyers entering the market and not nearly enough houses for them to buy.
COVID-19 has forced people around the country to make big changes to where they live and what they do for work.
On top of that, the millennial generation is becoming the largest generation of home buyers, according to the National Association of Realtors.
New home sales hit their highest level in 15 years in January of 2021:
As he was making that prediction, there was a decline in demand but new home sales were still up double digits compared with 2019 (before the pandemic). And they were up nearly 30% over the past four years.
Meanwhile, the number of homes available for sale had fallen dramatically over the same period…
Steve used those charts to explain why he thought the “housing mania” wasn’t a mania at all and was just an imbalance between supply and demand.
So, how does he think you should invest to take advantage of the boom?
The first option is to buy physical real estate but be ready to take on the risk in individual properties.
He says that physical real estate’s value will continue to soar in the coming years, just like we’ve seen over the past decade.
Alternatively, you can invest in the companies directly responsible for filling the gap in housing supply. That includes homebuilders and other companies that own physical real estate.
He claims that these companies will do well because high demand will mean plenty of work for homebuilders and those that already own physical real estate should see their asset prices go up.
Another option is to invest in the “picks and shovels” companies that will thrive as the housing boom continues. This includes businesses that sell supplies to homebuilders and contractors, and the companies that help get building done, whether through services or equipment.
Prediction 2: Why Stocks Could Nearly Double by 2024
Steve Sjuggerud wrote to his DailyWealth readers in February (2022) to urge them to invest in the stock market rather than panic.
That’s despite the pandemic, inflation that is at its highest level since the 1970s, and supply-chain problems.
A lot of traders have decided not to own stock assuming the bull market has ended and a recession is right around the corner to not risk their financial futures.
Sjuggerud says that instead of being fearful, you should invest in the stock market. It is his version of buying when there’s blood on the streets, a sentiment shared by Adam O Dell, Nick Giambruno, and Jim Rickards.
As he was writing the piece, he made a prediction that was later proven wrong. He said that the bull market would persist with the S&P 500 Index hitting 8,100 before the next bear market.
“But please understand… Bull markets do not die of old age. They die because the fundamentals change. And in our case, that hasn’t happened yet.
My friend, there’s plenty of upside left before the clock hits zero.”
When he wrote that article, investors were fleeing the market because they expected the Federal Reserve to hike interest rates several times in 2022 and they felt that a rate hike is bad for the market.
But Steve disagreed. He said that the good times do not end as soon as interest rates tick higher and felt that in fact, the opposite is true pointing out that the start of previous rate-hike frenzies led to gains in the S&P 500, not crashes.
For example, the Fed hiked rates 17 times from June 2004 to mid-2006. Yet the S&P 500 soared over that period… rallying 46% before its peak in 2007.
Stocks climbed even more from 2016 to 2020. The Fed hiked rates for years… But the S&P 500 still rallied 80%.
He concluded that stocks could soar while the rate hikes get underway. And it means you really want to own stocks despite the negative headlines.
Prediction 3: A Potential Oil Boom?
In a presentation promoting one of his newsletters Dr. Steve Sjuggerud and the team at Stansberry Research made a prediction about the energy markets.
Steve said that due to the political elite and specific actors on Wall Street, new investment in oil and other fossil fuels has stalled, even in light of high prices. He thinks that this will lead to energy shortages and unimaginable price hikes.
Therefore, we are in the very early stages of America’s greatest economic reckoning, when energy policies come to a head with the scientific reality that the world needs more, cheap, abundant energy, not less.
Steve Sjuggerud thinks U.S. companies could go on to make more money from the sale of American oil in the coming years than at any time in the 163-year history of the industry.
He has identified the companies most likely to profit over the next 12 months as the world wakes up to this new reality and we will highlight them in just a moment.
Prediction 4: A 2022 “Melt Up”
This one echoes what we saw before with the prediction that the stock market could nearly double by 2024. Steve Sjuggerud claimed we are in the “greatest stock market bubble in history,” and it could devastate many people when it bursts.
At the same time, he also believes we could witness a melt up. A melt up is a term that refers to a sudden and persistent price rises in the market due to investors getting into stocks based on sentiment rather than fundamentals.
A melt-up is typically the “final, furious stage of a bull market.” Many market bubbles end the same way – with a melt-up and a huge crash, with the biggest gains typically occurring in the final year or so.
While experts are concerned about the bear market (some predict a recession in 2023), Steve Sjuggerud thinks we should be more optimistic of a rising market:
“Think of it like a Fourth of July fireworks show…
As the show goes on, do the explosions get smaller and softer?
Of course not. They keep getting bigger and louder… all the way up to the final moments when you get the biggest, loudest booms of all to close things out.
That’s where I believe we are right now with this bull market.
The ‘grand finale’… with huge gain after huge gain popping off across the market constantly.”
He is careful to mention that “the bull market can’t and won’t last forever” but he sees an opportunity to earn game-changing profits. He says that with the right moves such as the ones he has in his “melt up blueprint”, you can double or triple the size of your retirement account.
“With the 2022 Melt Up Blueprint by your side, I’m confident you’ll be able to take advantage of this bull market’s grand finale.
Just the trade recommendations you’ll receive inside could help double, or even triple, your retirement account.”
Why is he so confident about a Melt-up? Sjuggerud says that although broad indexes like the S&P 500 had a good year in 2021, there was still a lot of bearish sentiment in the market.
Therefore, he concluded that the market wasn’t being driven by wild speculation but instead on strong fundamentals. He said that although some of the most successful investors were bearish, stocks rocketing higher all around was the norm.
“So, then why does that mean that the Melt Down ISN’T right around the corner?
Because this is not what you’d expect to see at the peak of a Melt Up… right before a devastating bear market takes hold.
And look, I’m a contrarian. So, to me that’s incredibly telling.
It means that this bull market ISN’T being driven by wild speculation.
There isn’t some irrational catalyst like what we saw a year ago with a bunch of kids pouring money into GameStop and AMC.
That mania has worn off.
Right now, stocks are soaring the old-fashioned way – on strong fundamentals.”
He also said that interest rate hikes signify the beginning of a melt-up rather than a crash. He said that previous rate-hike frenzies have led to fantastic gains.
Therefore, the market will rally despite bearish sentiment, high inflation, and interest rate hikes.
To make the most of the situation, he suggests you make “smart investments.” That means finding stocks that aren’t overvalued that will do well in a recession and the next bull market. He has his stock picks inside his “2022 Melt Up Blueprint.”
It has Steve Sjuggerud’s prediction of exactly where the market could start to see a melt-down and when the market hits that number, he will urge you to sell. I did not do an America’s Nightmare Winter review because most of what’s discussed in that pitch is close to what he talked about in this one.
What is True Wealth?
Steve Sjuggerud’s True Wealth is a monthly newsletter that provides members with stock market analysis. It is published by Stansberry Research.
It is focused on value investments. The investment philosophy is conservative whereby you buy stocks that are undervalued and sell later when they can fetch a better price. The stock picks typically have a one-year holding period.
It is ideal for investors who want to grow their capital in the long term.
Stansberry Research’s True Wealth team recommends you invest at least $1,000 when getting started.
Steve Sjuggerud, says that the service will not only help you maximize profit during the “Melt Up” he’s predicting, but also it could also prepare you for what comes next.
Although it may not double or triple your retirement account in 12-to-18 months True Wealth is a legitimate and long-running service.
Steve started the service in 2002 and it has a strong track record in that time. He and his team have closed out 153 winning trade recommendations since it began. It has a lot of positive feedback from subscribers on third-party sites too.
What’s included in True Wealth?
Here’s what you get when you join:
The main feature of the True Wealth service is the monthly newsletters. Each issue has Steve Sjuggerud’s latest recommendations, market analysis, and updates.
True Wealth Archives
You get access to a collection of educational videos and other investing resources. There are in-depth research reports and other special content.
Bonner Private Research
Led by Bill Bonner, the service closely follows the financial disaster currently unfolding in the American economy.
Each monthly issue keeps you updated on the latest market-moving happenings with monthly reports featuring the latest news and expert analysis.
It covers ways to grow and protect your money against the coming chaos, including both stocks and alternative assets.
True Wealth Portfolio
The True Wealth portfolio has a selection of stocks, ETFs, and other investment assets. The portfolio typically has about 25 open positions at any given time but the number can vary.
Although the investments are from multiple industries and sectors, but you could trade most of the assets from a standard brokerage account.
Aside from that, you get access to the following research reports:
- The 2022 Melt Up Blueprint. This report has Sjuggerud’s melt-up trade recommendations.
- Two Triple Digit Opportunities from the Oil and Commodity Booms. This report covers two stocks, one in the energy sector to capitalize on the “red-hot oil market” and another commodity-related.
- The Secret Currency: How to Make 500% from the U.S. Government’s Second Currency. It is about a “form of gold and silver that has nothing to do with mining stocks, mutual funds, options, futures, or bullion.”
- Buy the Best Assets Now Soaring in Value. In this report, Steve Sjuggerud talks about a booming sector that he wants you to get into before the big meltdown hits the market. In the past, his picks in this sector have soared as high as 134% in recent months.
- A Unique Way to Protect Your Wealth. This report features details a secret approach that can offer you the best way to operate outside the US dollar, to avoid inflation and higher taxes.
- The Secret Currency – How to Make 500% from the U.S. Govt’s Second CurrencyThis report has details on a unique way to buy gold and silver that has nothing to do with owning physical metals or trading stocks. This investment vehicle is an ideal alternative to gold, silver, and other cumbersome safe harbor assets yet it ranked #1 over a 20-year span with an annual return of 17.3%.
- The Art of Speculation. In this report, Bonner shares ideas from a famous contrarian investor from Britain called Tom Dyson. He recently recommended eight shipping stocks that went on to produce average gains of 114%. This report is meant to help you master the same techniques that made Dyson a legend among contrarian investors.
How Much Does True Wealth Cost?
You’ll pay $49 for the subscription in your first year. Then every year after that, you will pay $199.
Sjuggerud’s True Wealth Money-Back Guarantee
Your subscription comes with a 30-day money-back guarantee and after you get your full refund, you get to keep the newsletters and research reports. That being said, read the terms and conditions first.
Is True Wealth Legit?
True Wealth is a legit newsletter service that provides genuine stock market insights. With an experienced investment guru like Steve Sjuggerud leading it, you know that you’re getting quality research.
However, its legitimacy does not mean that you will be assured of profits when you follow Steve’s recommendations. You can still lose money following his advice.
Is Steve Sjuggerud Legit?
Dr. Steve Sjuggerud is legit having built a name for himself by providing comprehensive insights into the markets.
Steve has an extensive background in the investing world and education in finance that qualify him to be writing about the stock market. He is a former Wall Street hedge fund manager and stockbroker who holds a doctorate in finance.
While he’s had a good track record, it does not mean that his predictions or stock picks will make money.
Ultimately, I think Steve Sjuggerud is a genuine investment expert.
Dr. Steve Sjuggerud Stock Picks
Dr. Sjuggerud makes recommendations in stocks, ETFs, real estate trusts, and alternative investments like gold.
You get a new stock recommendation every month as a member of True Wealth.
That’s one way of accessing his stock picks. The other way is through the reports he writes when he releases a presentation. Let’s take a look at some investment recommendations he’s made through his special reports.
Let’s begin with the The 2022 Oil Boom Portfolio he released when he was talking about investing in the oil industry. Then we’ll take a look at the stock he recommends for the Melt Up.
Oil Stock #1
It is a company that he refers to as the “Royal Gold” of oil and gas. As the demand for oil rises, so could this company’s profits.
Unlike most companies involved with the exploration and drilling for oil owns the royalties to the oil. Therefore, it doesn’t require any capital expenditure because they don’t drill. They lease drilling rights.
Oil Stock #2
The second recommendation has soared as much as 440% in previous oil booms. It is a crucial player when it comes to helping other companies get oil out of the ground. It builds, operates, and maintains all kinds of rigs in over 100 countries.
As demand for oil rises these rigs will inevitably need more servicing and repairs. As that happens, Dr. Steve Sjuggerud expects this company to do well because it doesn’t matter who needs the oil or where, this company will get their piece of the pie.
Oil Stock #3
This stock has seen returns of up to 5x during past booms. It manufactures one of the most important parts of an oil rig and the parts need to be replaced frequently and the demand for them goes sky high as drillers race to take advantage of high prices.
Oil Stock #4
The fourth company is his favorite independent oil company. Unlike other smaller oil drilling companies, it doesn’t need oil prices to be over $100 a barrel to turn in a profit. It has tripled in value during past booms and if Dr. Steve Sjuggerud’s predictions about the future of oil are correct it could do well.
Oil Stock #5
It’s one of the largest pipeline companies in the United States. Its share price has increased by more than 250% in past booms. it has a high 7.5% dividend, a boon for income investors. It’s been growing its dividend for the past 24 years and shows no sign of stopping.
The Top “Melt Up” Stock
Dr. Steve Sjuggerud recommends Gilead Sciences (GILD), a California-based biopharmaceutical company that researches and develops antiviral drugs.
It was founded in 1987, and back then, it was called Oligogen. It was set up with the mission to create a healthier world for everyone.
Why is Steve Sjuggerud recommending this company?
First, the biotech sector has tended to do well during past melt-ups. During the presentation, he said that the Nasdaq Biotechnology Index rallied almost 500% during the 1990s melt-up before the dot-com crash.
“But when biotech booms, it really booms. And that’s exactly what happened during the late ‘90s Melt Up.
The Nasdaq Biotechnology Index soared an astounding 494%… far outpacing the overall market.”
On top of that, Steve Sjuggerud is recommending Gilead Sciences because it is a “rock-solid industry leader.” It has outperformed the Nasdaq Biotech Index by 25% over the last year.
“Over the last year, Gilead has outperformed the Nasdaq Biotech Index by 25 percentage points.
It’s a rock-solid industry leader that’s been around for 35 years and its stock has shown continuous growth ever since going public in 1992.”
Steve Sjuggerud believes that “Gilead’s potential for triple-digit gains here is clear.”
Sjuggerud mentions other companies he thinks could benefit from the melt-up in “The 2022 Melt Up Blueprint,” but you have to sign up for True Wealth for $49.
Steve Sjuggerud has made a few big predictions in the past two years but the most eye-catching one is his “Melt Up” prediction based on his belief that the market will keep rallying higher and potentially as we head into 2023.
Since he is known for a conservative investment it came as a surprise that he’s suggesting investors “should be ‘all-in’ on the markets in 2022.” That was bold and it will be interesting to see how it plays out.
He recommends Gilead Sciences from the biotech space and a few others in the energy sector. All his recommendations can be accessed if you sign up for his newsletters, particularly True Wealth.
The way the market works, nobody can predict what will happen in the future, so you can potentially lose money by jumping into these investments. Steve Sjuggerud makes a compelling case as to why his prediction could work out but that is based on what has taken place before, and that does not guarantee anything.
Before you leave
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It’s helped me earn over $300,000 in the last 12 months alone:
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