Michael Lombardi, MBA

Michael Lombardi founded investor research firm Lombardi Publishing Corporation in 1986. Michael is also the founder of the popular daily e-letter, Profit Confidential, where readers get the benefit of Michael’s years of experience with the stock market, real estate, economic forecasting, precious metals, and various businesses. Michael believes in successful stock picking as an important wealth accumulation tool.

Michael has authored thousands of articles on investment and money management and is the author of several successful investing publications, including The Lombardi Letter for Wealth Preservation and Growth, Investing with Michael, and Lombardi’s Crisis Profit Alert.

Michael has been widely recognized as predicting five major economic events: In 2002, he told his followers to get into gold; he told them to get out of the housing market in 2006; he predicted the recession of late 2007; he warned readers to get out of stocks in the fall of 2007; and he advised readers to get back into stocks in March 2009.

Married with two children, Michael received his Chartered Financial Planner designation from the Financial Planners Standards Council of Canada and his MBA from the Graduate Business School, Heriot-Watt University, Edinburgh, Scotland.

Get to know Michael…

What was your very first investment?

I bought my first stock when I was just 17 years old. Unfortunately, I quickly saw my $2,000 of hard-earned savings from summer jobs dwindle down to $1,000. Needless to say, I was determined not to lose money on a stock again.

How did you come to be so successful in investing?

After losing half of my first investment at 17, I started researching the market intensely. There was no Internet back then, so I read every book I could find on the topic and took every course I could afford. It didn’t take long for me to start making money with stocks, and that led me to launch a newsletter on the stock market.

How did you come to write Profit Confidential?

Back in 2001, I started a daily e-letter on the economy and the stock market—that was Profit Confidential. At first, I would send my daily “rant” to my colleagues and customers of Lombardi Publishing Corporation. As the popularity of Profit Confidential grew, I brought in two senior investment analysts, George Leong, B.Comm., and Mitchell Clark, B.Comm., to expand the breadth of Profit Confidential, along with guest economic opinion pieces from analysts affiliated with Lombardi Publishing. Today, daily circulation of Profit Confidential is in excess of 400,000.

Michael Lombardi's Articles

Over the past few weeks, gold prices have been under pressure. If you are a gold investor, don’t let this discourage you. And if you are not already into gold, as I will explain below, a great opportunity might be developing for the yellow metal. I expect short-term…

You hear a lot today about tech stocks being in a bubble. I disagree with that statement. In fact, I’d like to give you five strong arguments as to why tech stocks could go a lot higher in price. Let’s start off by looking at this chart, which…

If you are a long-time reader of mine, you know I have only been pushing two types of stocks in recent years: tech stocks and gold stocks. Today, there is a lot of “noise” suggesting the bull run in tech stocks is over. I’d like to put that…

There’s one big factor that continues to be ignored by investors when looking at silver prices: many technology products need silver. Silver is used in smartphones, tablets, laptops, and many other home and business electronics. This may sound like a bold statement, but the technology sector could take…

The U.S. economy is stalling and a recession by late 2016 or early 2017 is a strong possibility. The Bureau of Economic Analysis (BEA) reports that the U.S. economy grew at an annual pace of 1.2% in the second quarter of 2016. At the same time that it…

For retirement savings that are invested in bonds or fixed-income securities, the devil is called “negative interest rate polices” (also known as “NIRPs”). Currently, there are five major world central banks that have fully implemented NIRPs. If you follow the financial markets closely, like I do, there isn’t…

Below you will find my three reasons why I believe a U.S. dollar collapse is a real possibility. There are two ways to look at this: A lower-valued U.S. dollar will increase the costs of goods consumers bring into this country. Since most of the stuff we buy…

With gold prices up 25% year-to-date, hands down, gold has been the best-performing asset class to own in 2016 and I believe there is plenty of upside left for the precious metal. While I started recommending gold as an investment in 2001, when the precious metal traded at…

Truth be told, there isn’t any economic growth in the U.S. economy and that’s because the average American is struggling to the extreme. In fact, according to a poll done by the Associated Press-NORC Center for Public Affairs, about 70% of Americans would have trouble coming up with…

If things weren’t bad enough for the stock market here in 2016, the Brexit could bring down the S&P 500 by 40%. Even before the Brexit, U.S. corporate earnings were outright collapsing. S&P 500 earnings have been declining for four consecutive quarters—since the second quarter of 2015. And…

Negative interest rates (which mean you are paying a bank or government to hold your money instead of them paying you) are coming to North America and with that, gold prices could soar. So far, 2016 has already been a banner year for gold prices. In fact, gold…

Three economic indicators I pay close attention to are all suggesting we are headed toward, or are already in, a recession. The first recession indicator is the employment data. For May, the Bureau of Labor Statistics reported that the U.S. economy added 38,000 jobs—the least amount of jobs…

The biggest buyer of stocks is now pulling back. I’m talking about public companies and their billion-dollar stock buyback programs. After years of record stock buybacks, companies are now pulling back on this controversial and artificial share price support system. This gives credence to my belief that a…

Dear reader, after 30 years of studying the stock market, I’ve rarely seen stocks at such high valuations in relation to the economic environment that prevails. As you will read below, corporate earnings have been collapsing for four (soon to be five) consecutive quarters and insiders are falling…

Yesterday, we learned the U.S. economy grew at only half a percent in the first quarter of this year—its worst performance in two years. Truth be told, dear reader, the U.S. economy is already in a recession with many economic indicators confirming this. Let’s start with a chart…

Silver has been one of the best-performing investments of the year, up a whopping 23.6% so far. Pay close attention to silver prices, dear reader. I believe the gray metal will continue to rise in price right through 2016. As the chart below of daily silver prices illustrates,…

Those still bearish on gold prices need to take the time to pause and reflect. That’s because the yellow metal could be setting up to reward investors big-time this year. Before going into details, please look at the daily gold price as depicted in the chart below. Pay…

A stock market crash occurs when the underlying fundamentals of the economy and corporate earnings are tormented at the same time. Unfortunately, that is what is happening right now. Starting with corporate earnings, in the first quarter of 2016, S&P 500 companies are expected to report a decline…