From the No. 1 Ranked Research Advisory Letter of the Last 5 Years,
Our Most Shocking Exposé in a Decade... 

BETTER THAN ETHANOL...

Wall Street Claims These 2 Ethanol Stocks Are the Best Energy Investments You Can Buy TODAY... I Say They're Both Duds! But Over the Next 3 Years, These 3 REAL ALTERNATIVE Energy Companies Are Nearly Certain to Soar...

PLUS, discovered in the depths of the landfill...

The power equivalent of 16 million barrels of oil per year... and climbing! That's right...

This unconventional $3.2 billion energy company is literally turning trash into cash for its shareholders. You'll find out just how it does it in this letter. What you learn could net you as much as three times your money.

If this dominant company nails a lucrative contract deal with the city of New York, expect to rake in those money-tripling profits - in as little as nine months!

I'll also share with you TWO more technologies that are positioned to keep churning out profits even as the ethanol industry winds down to a trickle...

• The "stealth" energy solution... promises 40% better fuel economy. It could easily make you a 50% return this year. It's already dominating Europe with its clean-power technology - and America's next

• This breakout energy company just locked in a deal with the entire state of California to provide it with the one fast-growing energy technology that's inevitable for the rest of this century... and that's just one of the mega-deals that's going to send these shares soaring.

Dear Quick Witted Reader,

I know you've heard the hype: Ethanol will replace gasoline.

And that's supposed to make shareholders in any of the many ethanol companies rich. But guess what? If you knew the shocking truth, you'd see that ethanol is NOT a good long-term investment for you... for the rest of Wall Street... or for our country.

Just ONE event, which I'll reveal to you, could change the ethanol industry forever and send the stocks reeling to recover. I'll prove this to you in the paragraphs that follow.

You'll see what Wall Street, Washington and the corn-growers' lobby don't want you to see - that ethanol will prove a disaster for the U.S. economy, that only one or two major ethanol refiners will pull through, and that most plants will close, sucking down millions of investment dollars with them... just like they did at the end of the last great gas crisis and ethanol "craze," in the late 1970s and early 1980s.

In fact, the whole chain of events that will lead to the demise of the ethanol industry has already begun. I'm going to urge you, with the proof that follows, to get your money out of the way - before it's too late.

Let me show you these charts.

There's a pretty clear pattern here...

See what's happening?

The chart above shows Archer Daniels Midland Co. These guys have been in the corn biz the longest. Supplying the food industry was their specialty. Right now, they've switched the focus from feeding you to feeding your gas tank... dominating 50% of the ethanol market.

If this is what being the BIG FISH looks like - a 28% drop - I'd hate to be the small fry!

Even the so-called "hot" small-fry ethanol stocks took it on the chin. This summer was supposed to be the hottest one of all for ethanol. It was like the dot-com boom all over again, as young companies raced to go public.

The most promising IPO, Aventine Renewable Energy Inc., shot out of the starting gate at $40 a share. But as you can see from the above chart on the right, this stock took a 49% dive, down to only $20.41 a share.

Again, this is supposed to be a safe place for your money?

Why, in the year following Bush's Energy Policy Act of 2005 - which was plump with ethanol subsidies - were the "best" stocks of the ethanol industry in a tailspin?

And why now, in 2007, as Bush pushes the ethanol "solution" in his State of the Union address... are other economies, and even our own experts, running from ethanol?

The Hidden Risk Premium Ethanol Mythmakers Don't Want You to Hear About

Ask yourself this: China, we know, also needs gas. It also grows corn - it's the No. 2 producer in the world. So why isn't China ALSO jumping on the ethanol train?

In fact, China is already the world's third largest ethanol producer.

But guess what?

While Washington ramps UP the draw on our corn supply for fuel here in the U.S., China is actually cutting back.

Yes, that's right. Beijing just nixed all new corn ethanol projects.

Xinhua news reports that the National Development and Reform Commission told local governments to STOP approving corn "industrial" projects. Because China just read the writing on the wall... and with the soaring impact on corn prices... it's placing its bets on FOOD SECURITY instead.

The Grain Price Watch Has Begun...

Here's what The Wall Street Journal had to say just days after Bush touted the powers of ethanol in his address on the State of the Union:

The percentage of the U.S. corn crop devoted to ethanol has risen to 20% from 3% in just five years... reaching the president's target of 35 billion gallons... at present corn yields... would require the entire U.S. corn harvest. No wonder the price of corn rose nearly 80% in 2006 alone...

For a decade, corn prices barely budged. Now they're nearly double what they were just a year ago. What good are slightly lower energy prices... if food prices soar?

Corn goes into your breakfast cereal. It's what farmers feed to hogs and chickens. It goes into the corn syrup that sweetens your soda, ice cream, and even cough syrup.

Says a study from UC Berkeley professor Michael Pollan, as reported in The Wall Street Journal, 52% of the content of your average McDonald's cheeseburger starts out as corn.

It's just plain common sense: We - and every country in the world - need corn first for food.

The competition between the two markets, plus other factors that already make the world corn price extremely volatile, make ethanol as an energy solution almost as dangerous as sticking with oil alone.

Think about it.

Already, grain prices in China recently climbed 4.7% - so fast, Beijing is shutting ethanol plants and canceling ethanol projects.

In Mexico, where most of the country's poor live off corn tortillas, prices have soared 30%.

And like I said, here in the U.S., corn futures are up a whopping 81%, hitting a 10-year high of $3.95 a bushel. Cattle and other meat producers are in a panic. Anyone who makes food that requires corn is terrified.

Even the Department of Labor's own bean counters say food costs, for average Americans, are already nearly double what they pay yearly for energy. Could a coming corn "crunch" force those costs even higher?

What happens if that trend continues... or even stays at a high price plateau?

You guessed it. The "safe" ethanol alternative is done for, overnight. And so are the share prices of dozens of new ethanol-based stocks.

Even worse, the ethanol stock slaughter is already happening.

Take the case of all those promising new ethanol companies going public. Many have been simply pulled off the market.

Hawkeye Holdings, the leader of the pack, planned to start selling shares at $24. This company, acquired just three months earlier by a private equity firm, was to "set the land speed record" for an initial public offering.

Looks like it wasn't fast enough!

In November, an increasingly tough corn market forced this crew to hit the pause button, before deciding "unfavorable market conditions" required them to nix the plan altogether.

After what you saw in the chart above, can you blame them? But here's what you have to ask yourself...

If these guys aren't putting themselves on the line, why should you?

NOW Is NOT the Time to Invest in Ethanol

Why am I telling you all this?

Before I explain all of that, I ought to introduce myself. My name is Addison Wiggin.

You may know me. I've worked in financial analysis and publishing for nearly 15 years. For the past six, I've also been the executive editor for the widely read Daily Reckoning.

Plus, I recently co-authored a New York Times best-seller called Financial Reckoning Day. And even more recently, I followed it up with another No. 1 best-seller, called Empire of Debt.

So you can be sure I travel in circles where exactly these kinds of opportunities get analyzed and talked about. At a level not open to everybody. For instance, just the other day I was just in a closed-door meeting with a guy named Kevin Kerr.

Maybe you've heard of him too.

He's one of the best commodities traders in the biz. You may have read his column in MarketWatch. And he's been on every major news network in the U.S. And when CNBC wants to talk about OPEC, Kevin gets an "emergency call" to go on air.

Those who follow his recommendations have had the chance to make fortunes on ethanol-related commodities like corn and sugar over the years. So what's Kevin saying now?

Kevin Predicts That 2007 Is NOT the Year for Corn... or Ethanol...

"If we've got corn at $4 and oil at $60..." He just shook his head.

Another analyst chimed in: "You can kiss your subsidy goodbye!"

That's right.

Remember those ghost towns in California and Nevada... abandoned after all the easily-gotten gold was gone? When recovery operations incurred more costs, the mine owners gave the West the shaft.

Those ethanol plants may be booming now - but at $4 corn, they'll shut down operations and close up shop in a heartbeat. That's no distant scenario. Even as I write these words, I'm looking at a report that corn closed out 2006 at $3.94 per bushel... and experts like Kevin are saying it could go as high as $5 over the next two years!

That's without pressure, by the way, from falling oil prices.

Falling oil makes it even harder to make a dime in the ethanol industry. With oil dipping down to $50, expect carnage over the next 12 months ahead.

Does the ethanol problem and the possible continued slide of oil prices mean all energy investments are a bust in 2007?

Not at all...

The Single Best Energy Stock for This Year

While the rest of Wall Street rubs their hands over ethanol, I've just read a shocking report on a completely different kind of energy investment that should clean up in 2007.

And when I say "clean up," I'm talking literally.

Let me explain. See, one of the really big problems my fellow investing colleagues and I have with ethanol - and it's so basic, I'm surprised even those empty noggins in Congress didn't realize it - is this:

The whole ethanol industry is tragically flawed.

First of all, there's a good chance your car can't even burn ethanol-based fuel yet. Only a fraction of cars on U.S. roads can. Besides, even if your car could, good luck trying to find a place that sells ethanol.

Because it's an alcohol, ethanol can't be shipped in conventional pipelines or stored in conventional fuel tanks at your local gasoline station. So right now, only about 6% of the gas stations in the U.S. can even offer you ethanol blends from the pump.

But here's the No. 1 reason why ethanol CANNOT live up to all the "perfect" energy-solution hype the "ethanolics" and Wall Street fan boys are peddling...

The Ethanol Hoax: Energy IN  Waste OUT David Pimentel, a professor at Cornell University who has studied grain alcohol for 20 years, and Tad Patzek, an engineering professor at UC Berkeley, worked out just how much energy we get from ethanol: Making ethanol requires 29% MORE energy than the fuel actually contains! Here's the thing: Ethanol can't be the answer to all of America's energy problems... if it's less efficient than the costly fuel we're trying to get away from. And it can't possibly be a long-term solution for energy investors, either. In fact, you can't even get ethanol without burning more fossil fuel - from the diesel that goes into the farmer's tractor to the natural gas to make the nitrogen fertilizer. Plus, consider this... Archer Daniels Midland's plants use COAL to power the refining process. You can add this up for yourself. The first thing that's clear: Ethanol-dependent stocks like ADM top the list of stocks for 2007 to AVOID. Meanwhile, the "other" alternative energy company I've just learned about may very well be the smartest alternative energy investment my analysts have ever put on the table. Read on for the details...

While the corn ethanol MYTH falls apart... dragging down the hopes and dreams of ethanol stockholders on Wall Street...

What if you could own another much safer and more predictably profitable energy stock that should soar no matter what happens to the price of corn... or even the prices of oil and gasoline?

The company I want to share with you right now is about to do exactly that...

New Power Revolution Solution No. 1 :
An Endless Energy Resource That Could Finally Put America Back on Top!

Unlike ethanol, the company I want to show you is already cranking out reliable, safe and efficient energy... equivalent to about 16 million barrels of oil per year...

And unlike the ethanol stocks I showed you, this company won't go down because corn prices go up. This company isn't really impacted by the costs of foreign oil, either.

And by the way, this company already dominates the $10 billion market for the energy alternative opportunity it helped create.

What is it?

It's power derived from the one practically endless resource America is far and away a world leader in producing: trash. Yes, you read that right.

Imagine if you could take 80 out of every 100 pounds of your typical household garbage... and instead of dumping that into a landfill, turn it into energy. Specifically, turn it into valuable electricity - which is just as vital and in danger of short supply as gasoline.

What about coal?

You're right, of course - most of the world's electricity utilities ARE coal-driven. And that's actually good news, too. America has about 300 years' worth of coal still ready to burn.

But there's one problem with coal: Nobody likes it.

Coal is dirty... it's smelly...and it's unevenly distributed geographically. Just to distribute the coal, you've got to burn fuel transporting it from one place to another.

The company I want to show you, however, has a whole new technology that's using trash - the stuff we can't help producing tons of every hour in our major cities - to produce electricity that's just as good at keeping your porch light burning as conventional power already in use.

In fact, you may not know it, but there's a good chance you're burning "trash-power" electricity in your home right now.

Here's how it works:

Imagine a plant located just 656 feet from a residential area. Swallows nest in the dunes and seabirds swim offshore. Yet several hundred thousand tons of waste per year produce both heat and electricity for the nearby residents.

The main control room is like the bridge from Star Trek. The operator sits in a chair as comfy as Capt. Kirk's. He controls the waste going into the incinerator with a joystick. No noise. No smells.

This "bridge" is armed with a full network of computer-controlled monitors that take air samples from the furnace, exhaust system and smokestack. Instead of photon torpedoes, there is an array of methods for handling and containing potential pollutants.

One device sprays the exhaust with ammonia - breaking up harmful nitrogen oxide into just oxygen and plain-old water. In fact, total exhaust is 98% water. A giant vacuum with hundreds of fabric filter bags is 99% effective in capturing even the smallest particles.

The facility I just described is in Malmö - Sweden's third largest city. Residents are now getting 50-60% of their power and steam heat from trash-to-energy.

Sound too European?

Get this - the American company I'm telling you about ALREADY operates more than 31 such facilities right here in the USA. In fact, in America alone, this $10 billion industry is already taking over the power demands across the country. And this $3.2 billion player - one of the world's largest - is a dominant force with rich promise for Wall Street shareholders. Especially now that it's just about to score the hottest territory in the trash-rich, landfill-poor Northeast...

Getting New York to "Go Garbage" and How to Get Rich in the Process

A "clincher" deal is about to cement this company's position in the biggest metropolis in the energy-hungry Northeast. But first, let's start with the background.

The Technology That Puts the Cost of Landfilling BACK Into the City's Pocket... and "Keeps the Change" ** The average American throws away 4.5 pounds of trash a day - that's over twice what it was in 1960. That's 2 times more per person for cities to collect. Take one year's worth of just one person's trash, convert it to energy, and you get as much energy as burning 410 pounds of coal ** Paper waste doesn't biodegrade. Dig up a 1970s layer of landfill and you can still read the comics. But with this company's new technology in place, a city could churn out enough juice to power at least 40,000 homes ** Since 1978, the U.S. has shut down 14,000 landfills, leaving only 6,000 in operation... so you've got to transport trash a lot farther than you used to. With these new waste-to-power plants, though, the trash disposal issue disappears ** In New York, it costs an unprecedented $125 per ton to take trash to the dump. What a waste... why not make money with that trash, rather than spend money to dump it? You can turn garbage into dough - because converting that same ton of trash gets you as much energy as a $70 barrel of oil, which is exactly what this company I'm telling you about has the technology to accomplish.

You'll read about this breakthrough technology in a FREE report I want to send you. It's called Trash Into CASH: Alternative Energy Profits by the Bargeload. Inside, it reveals the name of this stock... the whole story behind the technology... and how you can get in now for the early rewards.

Let me just give you a peek at what this FREE report reveals...

NEW YORK CITY HAS NO TIME TO WASTE

New York City uses a lot of electricity. It also produces a lot of trash. What if it could turn all that garbage into kilowatts? With this company's technology, it's about to.

See, right now, New York City alone produces 46,000 tons of trash a day. At the Fresh Kills landfill, waste piles as high as 315 feet - higher than the Statue of Liberty! Meanwhile, the whole of New York state has only 10 years of landfill capacity left. That's a big problem.

Fortunately, this company I'm telling you about - the one revealed in your FREE report - is working on a monster deal right now with New York to convert the city's massive waste output into much-needed electricity!

Imagine.

Not only could this technology reduce New York City's trash disposal volume by 90%... but also, each ton of trash this company's plants burn can yield the equivalent of 500 pounds of coal energy!

Why this company and not another? This power-producing mega-star is the largest waste-to-energy owner and operator in the United States.

This is the real deal, taking shape as you read this. The company I'm telling you about is about to have NYC's huge waste-to-energy market locked up!

Already, this company has a long-term conversion-plant contract right across the river, in Brooklyn. This company also scored another 25-year contract deal just across the Hudson - in Essex County, N.J. And now it's zeroing in on Gotham City itself. The potential for shareholders to profit is enormous.

This company's Essex County facility currently processes 2,750 tons of municipal waste per day, round the clock, turning it into precious electricity. The bid it's got under consideration would bump up that contract to 6,000 tons per day... over the next 20 years.

Once Wall Street gets wind of this deal, you'll see a big bump in the stock.

I'm going to rush you the FREE report we talked about - Trash Into CASH: Alternative Energy Profits by the Bargeload - so you'll know everything you'll need to know before this happens.

And this is just where this gets started. How so?

2 Birds With 1 Stone: Cleaning up the City by Lighting Lamps With Trash  

Every municipality in the country has two key problems - surging electricity demands and soaring waste disposal issues.

When other markets see this company solving NYC's waste-energy dilemma - by turning piles of once-useless waste into very useable electricity - it's only inevitable for other cities to line up for the same bump in electricity-producing, waste-reducing services.

Again, this is no "green" fantasy investment.

This is the real deal. This company already generates over 10% of the renewable energy in the U.S. - that's enough to power all the homes in a city the size of Philadelphia and outlying areas. We're talking a population of over 15 million people.