I’ve known this has been a problem for quite some time but have just chosen to mostly ignore it. I think it’s now time to address the problem of subscribers forwarding the nightly reports.
Realistically there’s no way to police this kind of theft, and if you just want to forward one or two reports to a friend so they can sample the SMT I have no problem with that.
I do have a problem when someone copies the report and forwards it to 20 of his investing buddies though.
I think we can all agree that the price of the newsletter is chump change, especially compared to the profits we made last year or even so far this year for that matter.
I’ve kept the cost of a subscription down to a reasonable level to where virtually anyone can easily afford a yearly subscription. So price really shouldn’t be an issue.
So here’s what I’m going to do. I’m going to give everyone an incentive not to pass on the reports freely. I’m going to rebate $50 for every friend or associate you send to the SMT that signs up for a yearly membership.
If you sign up 4 people your membership for the year is free. If you sign up 8 people not only is your membership free but you will make $200 (go buy some silver Eagles).
They have to sign up for a year. They will need to tell me at the time who referred them and give me your email address so I can deposit the funds in your Paypal account.
There will be no limit to how many people you can refer but I’m not going to try and keep track of this on a yearly basis and I’m not going to do retro rebates. The program will begin today. It’s just going to be a one time rebate of $50 whenever you refer a new subscriber for a yearly membership.
Hopefully this will be enough incentive to cure this problem.