Capture $4 Billion in Real Estate with the Help of ALEX

Pocket Double-Digit Gains Without Shelling Out Big Bucks...... Page 4

THE OXFORD CLUB EXECUTIVE COMMITTEE JAMES BOXLEY COOKE Honorary Chairman Baltimore, Maryland JULIA GUTH GREAT PROFITS IN THE COMPANY OF GOOD FRIENDS Executive Director Club News Edition APRIL 15, 2006, VOLUME 19, NO. 7 ALEXANDER GREEN Investment Director MICHAEL WARD Editorial Director RUTH LYONS Member Recruitment Director Capture $4 Billion in Real BRIAN YORK Director of E-Commerce KRISTIN KEENEY & STEVEN KING Estate With the Help of ALEX Co-Directors,World Financial Meetings & Seminars KATE MURPHY Member Services Manager Dear Member, THE OXFORD INVESTMENT PANEL Last month at the 8th Annual Investment University Conference, I chal- MARY ANNE ADEN PAMELA ADEN lenged the attendees in my workshop to do two things when it comes to LOUIS BASS HORACIO MÁRQUEZ investing – two simple things that can do more than anything to ensure wealth in the markets: WEALTH PROTECTION ADVISORY PANEL ✔ Rule #1: Stick to what you know. ROBERT BAUMAN MICHAEL CHECKAN ✔ Rule #2: Always seek to buy undervalued assets. Louis Bass WAYNE LELAND Of course, I don’t begin to claim these seasoned gems of wisdom as my creation. For CANADIAN decades the likes of Benjamin Graham, Peter Lynch, John Templeton and Warren Buffett have INVESTMENT PANEL been telling investors the very same thing. But here’s the rub: BRENT AMEY DAVID MELNIK ERIC ROSEMAN As with most advice, we just have a hard time following it.

INVESTMENT U In today’s market, I see it happening more and more with real estate. Encouraged by a DR. MARK SKOUSEN Chairman & Editor huge run-up in prices, investors are still clamoring to own the one investment “that can only

ADVISORY PANELISTS go up.” DR. STEVE SJUGGERUD DR.VAN K.THARP I can’t tell you how many times I’ve heard that exact utterance in the past two years at WAYNE ELLIS cocktail parties, dinners, graduations, birthdays, you name it. And it’s just foolish. The only Managing Director hope for continually soaring prices is a steady supply of even more foolish investors – known MT. VERNON more prevalently as “the greater fool” theory. OPTIONS CLUB KARIM RAHEMTULLA Chairman & Editor Just consider the widespread adoption of “creative” financing schemes and “interest-only” ADVISORY PANELISTS loans, both of which carry considerable risks: and also point to an overwhelming problem: D.R. BARTON, JR. Rule #1 and Rule #2 have gotten a little dusty from lack of use. LEE LOWELL STEVE MCDONALD JIM STANTON Yet, here’s the thing: This month, we’re going to use these two invaluable investing rules to our benefit, and we’re going to make some sizeable returns in the real estate boom. But we’re going to do it safely and cheaply. In fact, I’m going to show you how to buy up prime ALSO IN THIS ISSUE... Hawaiian real estate at a steep discount to current market values. • Oxford Portfolios...... 7 And before you object that you don’t know anything about Hawaiian real estate or that • Oxfordian Property Exchange...... 9 there’s no way we can possibly buy land there cheaply, think again. This may be one of the • Members’ Exchange...... 11 best ways possible to add an undervalued $4 billion asset to your portfolio. Let me explain…

Over, please... P ROFIT P ICK

Go “Sweet” For An Easy Double out. Selling “raw” land also leaves a lot of money on the table. Right now, owning shares of Alexander & Baldwin, Inc. (Nasdaq: ALEX) is all it takes to capital- That’s why the company pursues joint ventures, ize on perhaps one of the most undervalued real estate maximizing profits by developing attractive properties, assets in the world. like its master-planned luxury residential venture in Kauai. More importantly though, the company rein- ALEX is a Hawaiian-based company that began vests a sizeable portion of its earnings to secure future operations in the late 1800s. At first, it had no interest sources of income. Let me show you what I mean: in selling real estate. Instead, the company’s primary operation was as a sugar cane plantation. As such, it In 2003, ALEX purchased 270 fully zoned, undevel- amassed a land portfolio of roughly 90,000 acres. oped acres at the renowned Wailea resort. The purchase, by the company’s own account, has helped Of course, times changed. And so did ALEX’s deliver “tremendous profits.” But more importantly, the business. While the company still accounts for 76% of acquisition provides a long-term pipeline for residential Hawaii’s sugar production, its primary attention has development. turned to real estate. And it’s easy to understand why. And more recently, it bolstered an already impres- The firm is carrying its real estate holdings on the sive income-producing portfolio by acquiring $57 books at a cost of roughly $1,500 per acre. As you million in prime commercial property in Arizona and might imagine, the going rate for land on the islands of Hawaii is considerably higher. The Oxford Club, LLC provides its members with unique For agricultural land it’s close to $20,000 per acre. opportunities to build and protect wealth, globally, under all market conditions. The executive staff, research department And based on 2005 comparable sales, each developable and editors who contribute to the Club’s recommendations acre is reasonably worth a whopping $550,000. Of the are proud of the reputation The Oxford Club has built since its inception in 1984. We believe the advice presented to its company’s 90,000 acres, roughly 10% fall into the members in our published resources and at our meetings and seminars is the best and most useful available to global investors today. The recomm-enda- developable category. tions and analysis presented to members is for the exclusive use of members. Copying or disseminating any of the information published by The Oxford The end result is a balance sheet that grossly Club, electronic or otherwise, is strictly prohibited. understates the company’s true market value. By con- © 2006, The Oxford Club, LLC 105 W. Monument St., Baltimore, MD 21201 servative estimates, ALEX’s assets are worth at least $4 Publisher Julia Guth Research Associate Chris Matthai billion, roughly double the amount currently reflected Investment Director Alexander Green Sr. Graphic Designer Kathy Osborne Editorial Director Michael Ward Graphic Designer Jennifer Hupfeld on its balance sheet. And by any analysis, purchasing Managing Editor Alex Williams Advertising Director Wayne Ellis real estate for 50% off is a bargain. Copyeditor Jennifer Shayne Director of Brian York Member Services Mgr. Kate Murphy E-Commerce Of course, that figure gets a whole lot bigger if Members should be aware that investment markets have inherent risks ALEX is able to rezone additional acres – something and there can be no guarantee of future profits. Likewise, past performance does not secure future results. Recommendations are subject to the company’s already been doing successfully. change at any time, and so members are encouraged to check our website www.oxfordclub.com regularly and pay special attention to the “Oxford The only trick to making it work to our advantage Portfolio Review” section of the Communiqué to get the most value from our investment analysis. The publishers, editors, employees or agents are is demonstrating some patience. Because as Buffett et not responsible for errors and/or omissions. al also advised, once you purchase an undervalued The Oxford Club expressly forbids its writers from having a financial interest in any security recommended to its readers. And all Oxford Club employees asset, you have to wait for the market to realize its fair and agents must wait 24 hours after an Internet publication prior to follow- value. ing an initial recommendation, and 72 hours after publication is mailed and is only in writing. The Oxford Club does not act as a personalized investment advisor. Investments recommended in this newsletter should be made only And even a fraction of its fair value puts us in line after consulting with your investment advisor and only after reviewing the for an easy double… prospectus or financial statements of the company. Basic dues for membership in The Oxford Club are $149 a year. Membership includes the Communiqué (USPS 008-575), which is published twice monthly on the first and third weeks of each month by The Oxford Club, LLC, 105 W. Monument Street, Baltimore, MD Much More Than Just a Land Grab… 21201. Non-U.S. dues are higher and vary from country to country. Periodicals’ Postage Paid at Baltimore, MD and additional mailing offices. POSTMASTER: Send address changes to Better yet, there’s more to ALEX’s appeal than The Oxford Club Communiqué, 105 W. Monument Street, Baltimore, MD 21201. For ques- flipping parcels of land for sizeable profits. And that’s tions regarding the status of your membership call Member Account Services at 410.223.2643 or fax to 410.223.2650. Our website is: www.oxfordclub.com Please send any important to note. Selling land in chunks would mean investment questions or suggestions in writing to The Oxford Club Research Department, 105 W. Monument Street, Baltimore, MD 21201, USA. eventually the supply (and in turn profits) would run

2 P ROFIT P ICK

California. Given the company’s success in managing 26 properties in Hawaii, with occupancy rates above 90%, we expect similar results here.

But again, there’s more to ALEX than just sugar and real estate… Rounding Out the Business Mix... Another major revenue source for ALEX comes from its transportation services. In fact, the company’s shipping division, Matson, is the leading shipper of goods between the U.S. mainland and Hawaii.

Business from this segment accounts for more than reason to believe 2006 will be any different. $1.3 billion in revenue each year (or roughly half the company’s operating profit). And with new plans to Just consider: Operating profits jumped 25%. expand operations to include routes to China, ALEX’s Margins remained at healthy double-digit levels. And transportation services should easily deliver double- the company maintained its “A-” rating from Standard digit revenue growth over the next five years. & Poor’s (a good indication that business prospects remain stable and that the company is in a strong What makes this segment of its operations even financial position to capitalize on them). more attractive is the lack of considerable competition. Thanks to the Jones Act of 1920, only U.S. ships, with In all, Alexander & Baldwin might represent one of U.S. crews, owned by U.S. companies, can be used to the last smart real estate investments. And given man- ship goods directly between Hawaii and the mainland. agement’s history of returning 70% of aggregate profits In the end, the act effectively keeps new competitors to shareholders (either via dividends or share repur- out of the market and ALEX’s dominant market share chases) in the past 10 years, we’d be foolish not to intact. capitalize on the opportunity at such bargain prices. Action to Take: Buy Alexander & Baldwin, Inc. Expect Strong Steady Growth Ahead (Nasdaq: ALEX) at market. And use a 25% trailing While I certainly don’t expect ALEX to deliver stop to protect your profit and your principal. OC lightning-fast appreciation, the fundamentals (and the company’s past successes) suggest a future of steady Investment Advisory Panelist Louis Bass is also the editor of the Hot growth and appreciation. In fact, over the last three IPO Trader,and the TakeOver Trader (which recently closed out a years shares have logged an impressive average 183.3% winner).He spent years with one of the country’s leading annual gain of 32%. investment and brokerage firms as a top analyst and trading expert, specializing in corporate takeovers and IPOs that lead to large profit Based on the most recent performance, there’s no opportunities for investors. If You Make Over $100,000 a Year, Uncle Sam Wants You… To Personally Bail Out America When He Sends the IRS to Collect, Here’s How You Can Legally Tell Him, “Go Pound Sand.” With its new $500 million mandate member you have access to perhaps • ID 5 “Red Flags” the IRS looks for on to step up “enforcement” efforts – the the most powerful wealth defense Schedule C returns – and avoid them IRS is set to shake down approxi- resource ever created in the battle • Master 3 Techniques to turn the tables mately 1 out of every 20 taxpayers against the IRS. It’s called An during an IRS audit who make $100,000 or more a year. Insider’s Guide to Surviving the And based on the IRS’ own past Audit Process. For a fraction of what To order An Insider’s Guide to collection data, these face-to-face you’d pay your attorney to deal with Surviving the Audit Process, contact audits could result in a high-net- an audit, An Insider’s Guide will Member Services at 800.992.0205 or worth citizen depositing an extra show you how to… 410.223.2643. Regular Members pay $27,000 directly into the U.S. just $39.95 (plus S&H), Lifetime Treasury. • Use 9 Often Over-Looked Strategies to Members pay $29.95 (plus S&H) and dramatically reduce the chances of Chairman’s Circle Members, just $10 Fortunately as an Oxford Club being audited or paying audit taxes (ask for code P3AUG401).

3 S MART O PTIONS

Pocket Double-Digit Gains – Without Shelling Out Big Bucks

by Karim Rahemtulla, Investment Advisory Panelist

Last July, Karim Rahemtulla, former that buy-and-hold investing is dead. What are the Investment Director and current options advantages of options and why are they putting the specialist for The Oxford Club launched “old way” of investing out of style? the Accelerated Profits Report. It’s a Karim: Investors are too scared to buy and hold monthly report for serious investors something for five or 10 years. With all the scandals looking for sizeable gains trading on Wall Street – from Enron to Refco – people want options, ETFs and now stocks, too. their money to be less exposed to non-market Karim Rahemtulla Subscribers have recently chalked up vagaries. The only way I know to do this is to use some tidy returns, including 80% on Lexar Media, options. They allow you to put less money at risk. 84% on Goldcorp, and even 55% on Microsoft in the Period. past few weeks. (Stock buyers, by comparison, made $2.61 a share on Mr. Softie, or 10% in the same time The new investor is more likely to be a trader – someone who buys and sells within weeks or months, frame.) a couple of years at most. With this in mind, you can Many investors are clearly looking to options to use options that have expirations as much as two and make leveraged gains. In fact, in 2005, 1.5 billion con- three years out. These options require about 10% to tracts changed hands, more than 6 million a day, 15% of the investment required to control the same according to the Options Clearing Corporation. That’s number of shares. This gives the investor three a 27% increase over 2004… distinct advantages:

We recently spoke to Karim to find out what’s First, the most you can lose with an option is behind this surging trend, and how investors can take what you paid. Would you rather have 10% at risk advantage of these leveraged gains… with an option or 100% with a stock? Second, if you employ a conservative 20% stop loss with a stock, OC: Why are options gaining so much popularity? you would still lose more than you would with no Karim: There are several reasons. People are stop loss in an option trade. And finally, with an looking for ways to benefit from the moves in stocks option you get a much larger bang for your buck if and stock indexes without having to shell out big you are right about the movement of the underlying bucks to own a stock and take an expensive risk for shares. being wrong. Investors are also much more educated about options, which used to be called the “boogey- OC: Last month, subscribers made 80% in Lexar man” of investing. Media, and so far this year, they’ve closed a 55% gain on Microsoft and an 84% gain on Goldcorp. Why are Like everything else, once you learn about some- these kinds of fast double-digit gains possible using thing you can make a better decision than when options? you’re flying blind. Options are also more available and more competitively priced, thanks to the number Karim: You start with a lower base. And with the of exchanges that trade them. Finally, the cost of leverage associated with options, it does not take trading options – commissions – are now very low, much of a move in share prices to make that option and this makes for higher net returns. rocket higher. For example, if you bought an option with a $20 strike that cost you $1, you would invest OC: You often say in the Accelerated Profits Report about $1,000 for 10 contracts (the right to control

4 S MART O PTIONS

1,000 shares). If that stock went up to $25, you OC: You frequently mention that while options do would make about $5,000 on the shares, or 25%. carry a degree of risk, like any investment, they are With the option, you would make $4,000 net profit actually one way to reduce your overall risk. How do on a $1,000 investment… That’s a 300% gain. options lower your risk?

OC: The Accelerated Profits Report has obviously Karim: A simple way to look at the risk of been generating substantial gains for subscribers. investing in options versus investing in stocks is by What was your motivation behind launching the comparing dollars at risk and the holding period. If newsletter? you buy a stock and trade out of it within two to three years, it’s critical to consider LEAPS (long-term Karim: I want people to know that options, equity anticipation securities) options as well, which when used properly as part of an overall portfolio, expire in two to three years. Why? Well, why invest can significantly boost returns and lower risk. I want $50,000 in a stock when you can invest $5,000 in an investors to understand that using options to profit is option? different than “playing” options and hoping for a pop. That’s not what we do. If that stock goes to $70 over two years, you made $20,000 on your stock – a great trade. If the We also give our readers stock investments when market heads south and you use a 25% stop loss, they make sense (if there are no appropriate options you lost $12,500 – not so good. available), options plays for short- and long-term gains, commodities plays, and plays on exchange- With the option, if the shares hit $70, you made traded funds. $15,000 on your $5,000 investment. If the market heads south, the most you can lose is $5,000. Mean- It’s truly a newsletter that exposes our readers to while, the $45,000 you did not invest is making you every type of investment available. Our goal is 5% in a CD paying you $4,500 in interest over two quality and profits regardless of the investment years, bringing the cost of your option down to $500. vehicle. Most importantly, we know that not all You tell me, what would you rather be doing when readers know about every type of investment. That is you go to sleep? Worry about $50,000 in a stock, or why we have assembled a crack team of profession- $500? als who have worked in the market, in the pits, and in the industry. With their expertise we accomplish OC: Thanks, Karim, for sharing this strategy with two things. First, we explain in easy-to-understand members… language “how to do it.” Then we explain what not to do. We remove the fluff and get to the heart of For more information about the Accelerated Profits the matter… all focused on making money. Report, visit www.mtvernonoptionsclub.com OC

Meet the Options Experts

Karim Rahemtulla D.R. Barton, Jr. Lee Lowell Steve McDonald Jim Stanton Chairman, Mt. Advisory Panelist: Advisory Panelist: Advisory Panelist: Advisory Panelist: Vernon Options Club Technical and Commodity Futures Straddle/Strangle Trading Technical Analysis Editor, The LEAPS Sentiment Analysis Former Market Editor, Penny Option Author, Award- Option Trader and Trader, Co-Author, Maker, New York Profit System Winning Trader The Income Trader: A New York Times Mercantile Exchange Covered Call Strategy Bestseller,Safe Strategies for Financial Freedom J For complete background of the Accelerated Profits Report team, please visit www.smartoptionsreport.com

5 Talk of theCLUB ... TOP PICKS FROM INVESTMENT U The eighth annual Investment U just wrapped up, some big moves. with more attendees, more speakers and investing ideas The only problem is than ever before. In case you missed the conference, figuring out which way it will go. here are just a few of the highlights: But as Steve McDonald, editor of the Penny Option • Can you actually make money by pleading igno- Profit System, demonstrated, if you’re employing the rance of the markets? Investment Director Alexander right technique, it doesn’t matter. Straddles and stran- Green says a resounding “Yes” – with a 100% win rate gles play both sides of the trade, by buying puts and in The Oxford Club Trading Portfolio earlier this year to calls, and deliver fast returns. Steve outlined the six prove it. “Since no one can tell me with any certainty variables to screen for – and profit from – the best how the economy will perform, what inflation will be, where interest rates will go, or what the stock or bond stocks for these trades. markets will do,” says Alex, “the sophisticated investor • Can you time the S&P’s next big run? Or what your constantly asks the question: ‘how should I run my favorite stock’s closing price will be in 40 days? investment portfolio?’ This sounds like a confession of Unlikely. LEAPS options (Long-Term Equity Anticipation ignorance, but in reality it is the beginning of invest- Securities) are one of the best ways to profit from ment wisdom.” Alex detailed his strategy that embraces longer-term trends in the stocks you like, or the ones uncertainty, showing how it works, and how investors you think will tank. LEAPS let you control the underly- can begin using it immediately. ing shares for up to two years – without paying full • Are we in for a real estate burst... a leak... or more price for the actual stock – letting you ride out the growth? John Schaub, real estate entrepreneur and bumps on the way to stronger long-term growth. author of Building Wealth One House At A Time, says to Mt. Vernon Options Club Chairman Karim Rahemtulla examine your local market to determine whether prices detailed the formula for making any LEAPS buying are too high. Are new families flocking to your neigh- decision and revealed two trading secrets he uses in his borhood? What’s the area’s job situation? Are current personal account. residents trying to prevent new growth? John explained what to do with your real estate if and when prices For these and more insights, as well as the latest rec- flatten out. And he also revealed the #1 most liquid ommendations, order the 8th Annual Investment U non-REIT real estate investment. Conference CDs and DVDs, for just $149 (plus S&H). • Straddles and strangles are two of the most prof- Lifetime Members pay $129 (plus S&H), and Chairman’s itable options strategies around. When a company is Circle Members pay $10 (plus S&H). For ordering infor- heading into a near-term “event,” such as a highly mation, call Member Services toll-free at 800.992.0205, anticipated earnings announcement, its stock braces for or 410.223.2643, and mention code P316G401.

New Properties – Costa Rica and Kiawah Island Looking for an escape? Two new properties have We’ve also listed a four-bedroom house on Kiawah been listed on the Oxfordian Property Exchange! Island, SC – relax on the beach, or hit the island’s An all-inclusive villa in Costa Rica boasts views of the five world-class golf courses. For a complete listing Pacific Ocean and Bay of Papagayo, and includes of properties, log into www.oxfordclub.com, and three meals a day, a full open bar and a staff – a under the “Members Only” menu, select “Oxfordian cook, maid and houseboy. Property Exchange.” Or just turn to page 9.

6 THE OXFORD INVESTMENT PORTFOLIO OXFORD TRADING PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP ABB Ltd. NYSE: ABB Jul-04 $5.41 $11.87 Buy $9.39 Alexander & Baldwin NASDAQ: ALEX Dec-02 $23.54 $47.93 Buy $41.55 AngloGold NYSE: AU Jan-05 $36.50 $48.43 Buy $39.77 Baker Hughes NYSE: BHI Feb-06 $74.43 $66.51 Buy $57.98 BHP Billiton NYSE: BHP Oct-02 $10.15 $36.98 Buy $29.71 Boston Properties NYSE: BXP Dec-00 $41.44 $92.75 Buy $72.02 Canon NYSE: CAJ Jan-06 $59.54 $65.93 Buy $50.02 CB Richard Ellis NYSE: CBG Aug-05 $42.61 $75.35 Buy $56.89 Celgene Corp. NASDAQ: CELG Dec-03 $11.40 $41.31 Buy $31.83 Cummins, Inc. NYSE: CMI Oct-04 $72.45 $104.77 Buy $81.99 DaVita NYSE: DVA May-04 $33.74 $58.64 Buy $45.20 Dentsply NASDAQ: XRAY Jan-02 $33.53 $57.34 Hold $43.40 Diageo PLC NYSE: DEO Dec-05 $58.58 $63.62 Buy $49.06 HSBC Holdings NYSE: HBC Dec-02 $56.40 $84.35 Buy $65.87 Int’l Securities Exchange NYSE: ISE May-05 $22.00 $42.12 Buy $38.99 Kinder Morgan Energy Part. NYSE: KMP Apr-02 $33.10 $47.56 Hold $40.64 Korea Electric Power NYSE: KEP Oct-05 $17.22 $22.06 Buy $17.17 Lockheed Martin NYSE: LMT Jul-04 $51.97 $75.97 Hold $57.55 Millipore NYSE: MIL Sep-05 $62.78 $72.43 Buy $55.28 Motorola NYSE: MOT Nov-05 $20.94 $22.03 Buy $18.58 MSCI Japan Index Fund AMEX: EWJ July-03 $7.25 $13.91 Buy $10.70 Netflix NASDAQ: NFLX Feb-06 $27.82 $28.29 Buy $21.26 Newmont Mining NYSE: NEM Sept-02 $27.08 $49.24 Buy $40.27** Novartis NYSE: NVS Mar-04 $44.15 $55.45 Buy $42.13 PetroChina NYSE: PTR Jun-05 $64.11 $103.47 Buy $76.35 Psychiatric Solutions NASDAQ: PSYS Mar-05 $19.91 $31.68 Buy $25.51 Rayonier NYSE: RYN May-04 $26.86 $44.65 Buy $33.60 Raytheon NYSE: RTN Jun-04 $33.36 $44.90 Buy $34.49 Royal Bank of Canada NYSE: RY Aug-04 $45.23 $86.85 Hold $64.75 Skechers NYSE: SKX Apr-06 $21.60 $21.75 Buy $16.31 Tektronix NYSE: TEK Jul-05 $22.96 $35.08 Buy $27.53 3Com Corp. NASDAQ: COMS Jul-05 $3.64 $5.11 Buy $3.85 Teva Pharmaceuticals NASDAQ: TEVA Mar-06 $42.80 $41.90 Buy $32.56 Tidewater NYSE: TDW Sep-04 $28.43 $52.50 Buy $43.81 Wal-Mart de Mexico OTC: WMMVF Oct-01 $0.90 $2.82 Buy $1.94** YUM! Brands NYSE: YUM Sep-04 $40.29 $48.78 Buy $39.99 OXFORD INCOME PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP Aberdeen Asia-Pacific AMEX: FAX Sep-00 $4.12 $6.09 Buy None. CY+ 6.91% Debt Strategies Fund NYSE: DSU Jan-01 $6.32 $6.58 Buy None. CY 9.82% Inflation-Indexed Treas. abbreviated TIPS Apr-00 $100.00 $131.50 Buy None. CY 2.15% ING Clarion Global AMEX: IGR May-05 $14.67 $18.23 Buy None. CY 7.66% Real Estate Income Fund Vanguard High-Yield NASDAQ: VWEHX Jan-03 $5.96 $6.18 Hold None. CY 6.49%

+ = Current Yield | ** = 35% TS | Prices as of 3/23/06 | Note: For the absolute latest updates on all of the Club’s portfolios – including the Trading, Income, All-Star, Anti-Terror and Gone Fishin’ – visit our website at www.oxfordclub.com THE OXFORD INVESTMENT PORTFOLIO

OXFORD ALL-STAR PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP Berkshire Hathaway B Shares NYSE: BRKB Jan-01 $2295.00 $2,996.00 Buy None Equity Office Properties NYSE: EOP Jun-01 $31.35 $33.54 Buy None Equity Residential Properties NYSE: EQR Jun-01 $28.05 $46.01 Buy None Managers Fremont Bond Fd. MBDFX Jun-02 $10.22 $10.28 Buy None Legg Mason Value Trust LMVTX Feb-05 $62.19 $68.85 Buy None Templeton Emerg. Mkts. Fd. NYSE: EMF Jan-02 $8.80 $19.93 Buy None Templeton Dragon Fund NYSE: TDF May-02 $9.20 $21.56 Buy None

OXFORD ANTI-TERROR PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP BHP Billiton NYSE: BHP Feb-03 $10.74 $36.98 Buy $29.71 Equity Residential Properties NYSE: EQR Feb-03 $23.38 $46.01 Buy $35.03 Inflation-Protected Treas. TIPS Feb-03 $131.50 $131.50 Buy None ING Global Real Estate Inc. Fd. AMEX: IGR May-05 $14.67 $18.23 Buy None L-3 Communications NYSE: LLL Feb-03 $38.85 $86.72 Buy $65.09 Nestle OTC: NSRGY.PK Feb-03 $50.00 $73.80 Buy $58.88 Newmont Mining NYSE: NEM Feb-03 $27.73 $49.24 Buy $40.27** Utilities Select SPDR Fund AMEX: XLU Feb-03 $17.45 $31.55 Buy $25.49

GONE FISHIN’ PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP Amer. Century Glob. Gold BGEIX Apr-03 $7.59 $16.42 Buy None Vanguard Emerg. Mkt. Index VEIEX Apr-03 $7.34 $20.81 Buy None Vanguard Europ. Stock Index VEURX Apr-03 $15.01 $30.85 Buy None Vanguard High Yield Corp. Fund VWEHX Apr-03 $6.01 $6.18 Buy None Vanguard Inflation-Protected VIPSX Apr-03 $12.02 $12.00 Buy None Securities Fund Vanguard Pacific Stock Index VPACX Apr-03 $5.66 $11.91 Buy None Vanguard REIT Index VGSIX Apr-03 $11.92 $22.42 Buy None Vanguard Short Term Corp. VFSTX Apr-03 $10.80 $10.48 Buy None Vanguard Small Cap Index NAESX Apr-03 $15.12 $31.34 Buy None Vanguard Total Stock Mkt. Index VTSMX Apr-03 $19.69 $31.51 Buy None

8 THE OXFORDIAN PROPERTY EXCHANGE is a place where fellow members can place their upscale resort properties for rent around the world. And, when you stay at these private homes and villas, you are afforded special discounts and amenities befitting your status as a fellow Oxfordian. If you have a luxury property you’d like to include in our program, or questions, contact our Property Exchange Manager Melissa Ordanza at 800.992.0205 (fax 410.223.2650), or [email protected]

THE LITTLE WHITE HOUSE, the airport and of Retiro (at the DELRAY BEACH, FL available year- corner of 9th of July Set across from round. Private and and Avenida Travel Holiday’s #1- secure, the villa’s Arroyo), one of the rated beach in the amenities include a liveliest and most South East, The pool, Jacuzzi, gourmet kitchen, elegant districts in B.A. There are 3 Little White House outdoor stocked honor bar, big screen bedrooms and 2.5 baths, to accommo- is perfect for a romantic getaway or TV, Internet and cable. Separate date six guests. The apartment is the perfect family vacation. Built in quarters house a maid and caretaker. within walking distance of the 1929 and renovated in 1996, it boasts For more information, visit www.Best- shopping street of Florida and the luxurious bedroom suites, a gourmet CaribbeanVilla.com For guest testimo- boutiques of the Recoleta. $320 per kitchen, Jacuzzi, available maid and nials or a virtual tour, e-mail: night, $1,600 per week, $4,730 per concierge. For information, call Ann [email protected] Owned by member month. [email protected]. Philip B. of Naples, FL. at 561.243.4880, or fax 561.243. 8694. RUE DE LA HUCHETTE, Short-term rentals are available year- WINDSWEPT, PARIS, FRANCE round. Owned by longtime member GUALALA, CA The apartment in Mark F. of Delray Beach, FL. Overlooking the Paris is located in RANCHO SANTANA, Pacific Ocean, our the 5th arrondisse- PACIFIC COAST, NICARAGUA 3BR (soon to be ment, literally a Just off the 4BR) 2.5 BA ocean- block from Notre Pacific coast of front home in Dame. The building in which the Gualala, CA will accomodate up to Nicaragua, 1,700- apartment is located was built during eight adults and is just a 2.5 hour acre Rancho the Regency period (approx. 1720). drive north of San Francisco (and 1.5 Santana is a tropical The apartment has a king-size bed, a hours from Napa Valley). Amenities paradise. With its three distinct, soft comfortable sleeper sofa and two include a spectacular ocean view from sand beaches, Rancho Santana is home futons. The recently renovated apart- every bedroom; two cozy fireplaces to The Oxford Clubhouse, with four ment, with large windows overlooking with unlimited firewood; accessible bedrooms, a stocked kitchen and dining the lively street below, has been fully beaches within 15 minutes; walk-to sound-proofed to ensure a good night’s room, library, a pool with a glorious shopping, galleries and eateries; sleep. $185 per night. Phone use not Pacific view and a large patio and bar gourmet kitchen; jacuzzi tub; BBQ; included. $40 cleaning fee. Contact: area. Rancho Santana also has horse nearby private airport and 18-hole golf [email protected] for availabili- stables, tennis courts, wireless Internet course within a 5-minute drive. Oxford ty of this apartment or our other and a cell phone tower. To make a Club members receive a 40% discount apartment on Rue Mazarine. rental reservation or learn more about for a nightly rental of $250, plus $90 owning your own home here, call cleaning fee per vacation stay. For CASA REMON 877.6164 ~ country code 505. Several more information, contact member CASCO VIEJO, PANAMA CITY Chairman’s Circle Members have built Peter J. Wolk, MD at 530.894.5757 or This two-bedroom apartment is houses in this area. [email protected] located in Casa Remon, a French-style VILLA DAFFODIL, colonial building dating from the ST. MAARTEN, CALLE ARROYO 999, early 1700s, situated just off the corner DUTCH VIRGIN ISLANDS BUENOS AIRES, GO TO WWW.OXFORDCLUB.COM Considered by many to be St. ARGENTINA FOR ADDITIONAL PICTURES Maarten’s finest villa, 3-5 bedroom This penthouse apartment in AND INFORMATION. Villa Daffodil is just 10 minutes from Buenos Aires is located at the edge

9 of the central Casco parking spaces and direct access to a Activities are nearly limitless: deep sea Viejo Plaza. From sand beach, an 18-hole golf course, fishing, scuba diving, snorkeling, golf, the apartment’s and community-only tennis courts, horseback riding, whitewater rafting, balconies, you have sauna, club and more. The premises volcano tours, even a sunset cruise. views of the square are fully furnished, ready for occupan- Rates: November-April- and, in the opposite direction, the cy and feature an immaculate 270 sq. $179/person/day. May-October- harbor and the Panama City skyline ft. living room with chimney and over- $159/person/day. Christmas and New beyond. It’s recently been completely sized terrace, bringing the total size of Year’s weeks are $200/person/day. renovated, with an eye to restoring the property to 1500 sq. ft. The and preserving the original architec- summer rate is $145 USD/day, but We occasionally list specials on our tural features and details. You can Oxfordians pay just $130 USD/day. website at www.costaricanrentals.com walk out your door any time of the Contact José de la Maza. E-mail: And we offer a 10% discount to day or night and go just a few blocks [email protected]. Phone: 56-32- lifetime Oxford Club members. to find good restaurants, entertain- 812914. Mobil: 56-9-2754511. Mailing: For more information, contact ment and shopping, and you’re but a P.O. Box 7084 Concon 2519100 Chile member Geoff Sherwood or Heather quick cab ride from the heart of WHISTLER, BRITISH Mahaffey at reserve@costarican- downtown Panama City. 1-Bedroom: rentals.com or 800.569.2688. $80 per night. 2-Bedroom: $125 per COLUMBIA night. 3-Bedroom: $180 This 4,400 sq. ft. KIAWAH ISLAND, SC per night. Contact: nharris@ Whistler, British This lovely four- Internationalliving.com Columbia mansion bedroom house is on has it all: five beautiful Kiawah VILLA CONTADORA, bedrooms, five Island, SC, which ISLA CONTADORA, bathrooms and four fireplaces, all offers five world-class REP.OF PANAMA comfortably overlooking the Whistler golf courses and world-class clay court On Isla Contadora, Golf Course. Located just four minutes tennis facilities. The adjacent 10-mile the most developed by car from the Whistler ski lifts, this stretch of beach is hard-packed enough of the Islas Perlas sports-package is a skier’s dream. that you can even ride a bike on it. archipelago, only a Rental price depends on the season, Additional features include walking 20-minute flight but rates start at $1,500 per night in paths, bike trails (25 miles of them), and from Panama City, we have a 2- the winter and $800 per night in the fishing (both deepwater-ocean fishing bedroom villa overlooking the island’s summer. Oxford members get a 10% and in local ponds for youngsters). best beach. Fish and snorkel... rent a discount off normal rates. Whistler Rates: May 1 through October 31, wave-runner... take a boat to explore has consistently been rated the #1 ski nearby islands... or relax on the beach resort in North America. But it also (Saturday to Saturday rentals): with a book. The two resort hotels on boasts three championship golf May 1 to June 18: Weekly – $4,000; the island offer a golf course, restau- courses, some of the most beautiful in Monthly – $12,000. the world. Feel free to contact me with rants, and small open-air bars June 18 to September 10, Weekly – any questions or comments. Dale beneath thatched roofs. The real world $5,500, Monthly – $16,000 is far away indeed on this little-discov- Geringer. E-mail: [email protected] September 10 – October 31, Weekly – ered tropical outpost of sunshine and VILLA ALLAMANDA, palm trees. $170 Per night. $4,000, Monthly – $12,000 COSTA RICA [email protected] 10% discount for Oxford Club Villa Allamanda, Lifetime Members. SANTA AUGUSTA, CHILE located in the Gua- “Santa Augusta” nacaste Province of For more information, please contact sits on a small bay Costa Rica, is a lux- Member Earl Carrara at 843.768.9604 on the Pacific, urious 5-bedroom, from November 1 to April 30, and at nestled between the 5-bath private villa with an infinity 828.743.9720 from May 1 until Viña del Mar and pool and amazing views overlooking November 1. Otherwise, contact Valparaiso regions of Chile – affording the Pacific Ocean and Bay of Papagayo. Debbie and Roger Glasbrenner by quiet, spectacular sights. Your beauti- The villa is all-inclusive: 3 meals a day, phone at 973.857.8917 or via e-mail ful 4-bedroom, 3-bath getaway (plus a full open bar and a staff consisting of at [email protected], or visit service accommodations) includes 2 a cook, maid and houseboy. our website at carraraproperties.com

10 PRIVACY, PROSPERITY & TRADITION Members’E xchange REAL ESTATE Beat the hurricanes or the FREE copy of The Tax Advantages snow! Live on 11,500-acre Lake of Oil & Natural Gas Exploration Nicaragua. The Costa Rica of Greenwood in northwest South or to contact Member Don this Decade? No longer a secret Carolina. 565’ of peninsula Hosmer, Royale Energy, please to Oxford Club members. The frontage with 270-degree water call 800.447.8505 or email first profit wave has passed, now vistas and gentle slope to water. [email protected] Royale Energy, Inc. it’s time to get ready for the next 1.75 heavily treed hardwood is a leading, NASDAQ listed, inde- wave, which could easily be acres. Best bass fishing in the pendent producer of oil and bigger. This may be the last Southeast. Perk approved. 200K. natural gas. Ticker symbol: ROYL. chance to score BIG profits in Contact Member Gary Gendron at This is not an offer to sell or Nicaragua. Spectacular view lots, 864.278.0512. solicitation of an offer to buy. Villas, Condos, and raw land Offers are only made through the opportunities that could turn the Naples, Florida condominium. private placement memorandum. money you would spend on a On Lake, in gated community, luxury SUV into a million dollars with 38 tennis courts, large pool Triple Net (NNN) and TIC prop- or more. Take your U.S. real and exercise center, few miles erties available nationwide. estate profits now, while you can, from beach, 40 golf courses in Single & multi-tenant with long and catch this market while it’s vicinity. 2-BD, 2-BA in excellent term leases. Can be used for 1031 still early in its upward trend. Cel- condition. Beautiful area, great exchange or trusts. All major ebrating our 5th year in San Juan restaurants and shopping. 2 week franchises including: Walgreen’s, del Sur. Contact Member Alex minimum, rates vary by season TGI Friday’s, Advance Auto, etc. Wilson, 949.495.4142. Email from $2,000-$4,000 monthly. Build wealth securely. Contact [email protected] Contact member Bob Ferst at 239- Member Tim Gulla at 215.453. m www.pacificcoastparadise.com 353-6863; e-mail: 8097 or [email protected] for [email protected]. Timeshare For Sale. Located at consultation to discuss needs Marriott Beach Club, Kauai, analysis or list a property for sale. Hawaii. Contact Member Miriam INVESTMENT OIL AND GAS INVESTMENTS. Roth at 630.325.7305 for details. OPPORTUNITIES Be a direct owner of natural gas Waterfront Condo for Sale. Gulf Start Your 2006 Tax Planning wells in the Big Sandy Gas Field. Breeze, FL. End unit 1,950+ sq Now... Do you have high income, Developmental drilling; infill loca- ft, 3-BD, 2 1/2 BA, Lg 2-car real estate capital gains, stock tions. Multi-well programs. Garage. Includes Boat Slip – market capital gains or mandato- Develop an existing gas field. water access to Gulf & Inter- ry IRA withdraws? An investment 100% one-to-one active write-off costals WW. $650K. Contact with Royale Energy can help you against ordinary income. Accredit- Member Richard Norwood at reduce your Federal & State ed investors need apply for future [email protected] income taxes for 2006. For a programs based on availability.

EDITOR’S NOTE: All free listings are accepted on a first-come, first-served basis. The Oxford Club reserves the right to disqualify any listings it deems unsuitable, including MLMs. The Member must be mentioned as the primary contact in the listing. The Oxford Club does not endorse these organiza- tions or their respective products, services, and programs. In addition, The Oxford Club shall not be liable for any and all liability, including negligence, that may arise from a members’ use of the following advertise-ments. “Caveat Emptor” applies—let the buyer beware.

Important: Any listing to be placed in the “For Your Information,” “Funding Available,” “Business Opportunities” or “Investment Opportunities” sections must be sent to The Oxford Club accompanied by a detailed prospectus or brochure.

11 M EMBERS’ EXCHANGE

This communication should not be considered an offer to sell or the Investing 1,2,3 – Become an solicitation of an offer to buy. Nor shall there be any sale of these Expert by Mastering the securities in any jurisdiction in Basics and Beyond which such offer, solicitation or sale would be unlawful. Offers to sell The investment world is one that thrives on insider terms and talk. Covered calls, derivatives, trailing stops, selling securities may be made by private short, closed funds, P/E ratios, basis points and LEAPS memorandum only. Contact are just some of the terms bandied about. Member Ron Walblay, Owner, Blue Flame Energy Corporation, 14N679 You’re not alone if you’d like to learn more about basic investment styles and strategies. To help all Route 25, Suite C, East Dundee, IL members become masters of Wall Street (and not the 60118. Phone 800.728.8303. Visit other way around!) the Club’s Research Team has just website www.blueflameenergy.com updated The Oxford Club Guide to Navigating Wall E-mail: Street. This comprehensive guide will take you from [email protected] making basic trades to using complex and advanced services. Get Paid To Go Vacation. Invest- The guide is $29 plus $4.95 S&H ($19 plus $4.95 S&H for ment Property In Costa Rica. Lifetime Fellowship and $10 S&H for Chairman’s Circle). Call www.terrabalandcompany.com, Member Services at 800.992.0205 or 410.223.2643 – order today! E-mail: [email protected], Ask for code P3OWG101. contact Member Tony Agius, 561.697.5237. Wouldn’t it be great if you could opportunity to retire within 90 days. Teak–The Commodity that Keeps earn thousands every month with Projected to be a world wide Growing! Invest in an established no selling, no following up, no business opportunity. Contact Teak Plantation in Costa Rica, the closing and no speaking to Member James Manear, Switzerland of Central America. prospects because the company www.myadcalls.com/8723 Secure Ownership through an does it all for you, and you American LLC. Eight years experi- receive up to $3,000 on every sale. FOR YOUR INFORMATION ence. Strong local management. Contact Member Jeffrey Hull. Visit: http://www.AutomatedPassiveIn- Life Insurance. Have you had diffi- Head office in California. Contact culty obtaining life insurance? Oxford Club Member Martin comes.com or call Net Business Research at: 310.626.4398. Perhaps we can help. (Also ask Engelman, 877.216.6598. about competitive smoker rates.) Immediate and unlimited. Capital Contact Member Warren Winnick, BUSINESS available for all legal, viable, com- C.L.U. at 888.235.2525. OPPORTUNITIES mercial projects on a global basis minimum US$2 million/no Classic furniture for less. Buy Earn $10,000 monthly within 2 maximum! Lawyers, Accountants, classic masterpieces at manufactur- months. This is realistic and easy Deal Makers invited and protected. er’s price from renowned European to do. We show you how with a Must provide us with your Business manufacturer (Guiness fully automated marketing system Plan or other form of complete, record)–Imperial dining room, Louis and with wealth building strategies. written, documentation for consid- XV office, Louis XVI lounge, solid No selling, not MLM. Solid, stable mahogany or walnut with fine eration. Contact Member Paul company marketing financial and veneer marquetry, bronze, marble. Tomasi. USA Voice # 843.682.3570. real estate education. Rapid returns Visit Space Master Interiors on-line with very high profits. Contact New technology allows businesses www.sminteriors.net Contact Member Jessica Fergus at a way to offer customers free Member Stan Zhekov at 800.995.0796, ext 2792. phone services. This gives you an [email protected]

12 M EMBERS’ EXCHANGE

Save on prescriptions worldwide HOW TO LEGALLY PROTECT appreciation 30%+. Contact or become an affiliate. Check this YOUR ASSETS. Oxford Club Wealth Member Clint Steiner at out! Contact Member Dr. Glenn Advisory Panel Member, Interna- [email protected] Popp, www.bandgdiscountrx.com tional Attorney, past Adjunct-Pro- Increase fuel mileage to 10% to fessor of Law, former judge, retired 35% or better with Bio Perfor- My business is looking to buy and trial litigator, and author, David mance. Contact Member Maurice sell new or used OEM TV, DVD Tanzer. Book and Video shows how Schufford.Get smart! Go to audio remotes. Copies of OEM to protect your assets using state- www.mygasstationincome.mybpblz.com/ originals will buy. Universal side and offshore planning tech- remotes will buy if they are brand niques. www.DavidTanzer.com or names only. Will buy broken home 800.220.6777 to order. FUNDING AVAILABLE stereo receivers too. Contact Commercial venture and factoring Member Steve Kral at 773.586.3847 Disputes? Owed money? Been capital available. $50,000 and up. or [email protected] taken advantage on investment or Also buy Mortgages. Contact business deals? Take action, be Member Ray Oukrop at PROFESSIONAL SERVICES compensated! No cost unless we 512.349.9895 or email: get results! Contact Member Jack [email protected] OFFSHORE SERVICES by licensed Baugher at 509.966.0359. Practitioner * Formation & Admin- Immediate/Unlimited Capital Invest in Emerging Markets. We istration of IBCs * Establishment of Commercial, “offshore” private are Real Estate Portfolio Planners Trust & Trustee Services * Mail For- capital available for all legal, and invest in affordable Emerging warding Services * BUYERS viable projects. $500K Minimum; Markets. We have a proprietary AGENT REAL ESTATE * Formation NO Maximum – worldwide. system that helps us determine of Local Corporation and BEST Brokers and other Deal-Makers are when to get in and out of a market. invited, with fees protected. Contact RETIREE INVESTOR PROGRAM. Monitor 7000+ cities. Average Member D.J. Callender at Contact Member Santiago Gomez: International Services Ltd., P. O. Box 2284, 16 Albert Hoy Oil & Gas Ave.,Belama Phase 1, Belize City, Belize * USA Tel: 1.954.323.8314 Returns can be 50% and greater p.a *UK Tel 44.141.416.0954* Belize Tel: 011.501.223.2077* Email: Did you know if you invest in Oil or Gas drilling, the [email protected] Web: www.belizeoffshoreinvestors.com payoff potential is huge and you can write off up to 100% of your investment against ordinary income? Get out from mortgage payments! We get mortgage debts legally HOWEVER you could lose 100% forgiven! Contact Lifetime Fellow Member Rich Reinhold at of your investment 760.434.3698. Due Diligence reduces risk Overtaxed? 60% of small business- BENEFIT FROM OUR RESEARCH! es, self-employed, and high-income individuals are. Free 2nd opinion Member – Chris Thompson tax review. No refund, no fee! Stonehenge Capital Research Inc. Contact Lifetime Member Mike [email protected] Brescia at 800.931.6531 or Toll Free 1.888.926.4942 www.itaxback.com/mbresc.

13 M EMBERS’ EXCHANGE

301.494.3800, [email protected] or Gemological Sciences: Offers above Prevent Cancer, Diabetes and visit: www.immediatecapital.com US$18,000. Contact Member Keith other Diseases for $4 a day. Langston at Patented natural food based Gly- FOR SALE [email protected] conutrients products, protect and develop new stem cell growth, pro- Here’s a way to own the rights to NASA’s classroom experiment viding optimum health. Find out stay at luxury Condos. (Without determines space exposure effect why one million people use these the restrictions of normal time- on tomato seeds placed in orbit products daily. Contact Member shares) Cheaper, larger, more ameni- 1984. Space Shuttle Challenger Jacques Cartier. Please contact: ties than a hotel. For sale: Vacation retrieved 1990 Shuttle Columbia. Bruce Gilchrist, mention Oxford Club Membership, low weekly rates. Original materials intact. NASA’s Member. Tel:1.877.445.7756. E-mail: Asking $9,000 USD.Good for introductory letter, space seeds, [email protected], www.yourbody.ca 45years. Visit earth based seeds, LDEF pictures www.eresortvillas.com Contact and teacher’s manuals. Contact Member Paul McGowan at TRAVEL OPPORTUNITIES Member Mary Hefferman at 705.549.6186 or [email protected] 805.348.9095 Delray Beach, FL. Quaint ocean- Natural Diamond. .75ct, Round front house. 3-BD, 2-BA recently Brilliant cut, 6.04 x 5.96 x 3.48mm, HEALTH SERVICES restored 1929 home located in Depth 58%, Table Diameter 59%. historic Delray Beach. Exquisitely Finish Grade: Good. 3 Certificates. So unique it’s patented. Eliminates furnished. Hot tub and breathtaking Color Grade: Flawless, 397, F. artery blocking plaque nutritionally. views. Many delighted amenities. Clarity: 1+(F), 7, IF. European Contact Member Ira Marxe at Seasonal rates: US$2,700/wk. For Gemological Laboratory : Diamond 888.824.3745 or E-mail: more information contact Ann at Grading Laboratories: Dept of [email protected] or www.aalex.biz 561.243.0630.

Placing an Ad in Free Offer Oh Yeah? The Members’ Exchange Is it possible that the newfound power of the Feds Classified Ads — First Listing FREE! monetary printing press caused the rapid economic growth of the roaring 1920’s? Could the depression Members with a Premiere membership or of the 1930’s been a direct result of this excessive higher are entitled to one free ad (printed & time? Some economists argue that the prosperity of online) per membership up to 45 words the 1990’s was fueled by a public and private credit including name and contact info. binge. Could we be repeating some of the mistakes Rates: of the 1920’s? How can we take advantage of the • Premiere Members: US$4.75/word wisdom of past generations? • Director’s Circle: US$4.05/word • Chairman’s Circle: US$3.69/word • Shading or Border: US$20 Midas Resources Inc. is excited to offer the historical book OH YEAH? • Boldface or ALL CAPITALS: 50¢/word • Hyperlinks: $50 OH YEAH? Is an historical accumulation of quotes, speeches, and publica- tions from the likes of Presidents Hoover, Coolidge, business professionals Display Ads: John D Rockefeller Sr., Henry Ford, Charles M. Schwab and much more. Membership Level 1/4 1/8 Premiere members $899 $469 Midas Resources Inc. would like to help get you started on your way to Director’s Circle $849 $429 making informed investment decisions by giving you a free copy of OH Chairman’s Circle $779 $400 YEAH? This is a limited offer one per household. The Members’ Exchange Don’t risk your hard earned money, learn from the mistakes of our for-fathers Melissa Ordanza and turn their losses into your profits. Take advantage of this offer by 105 W. Monument St., Baltimore, MD 21201 calling Member Ted Anderson at 877.877.4201. Tel: 410.223.2643 or 800.992.0205 Fax: 410.223.2650; E-mail: [email protected]

14 CCalendaralendar ooff EEventsvents

MAY From May 17-20, the newest and surely one of the most talked about financial events of the year will take place at the 5-star InterContinental Playa Bonita THE TOTAL Resort & Spa, just 25 minutes outside of Panama City, Panama. Our friends at WEALTH SYMPOSIUM The Sovereign Society have invited 21 leading asset protection and global invest- May 17-20, 2006 ment experts to share with you their best ideas for profiting and protecting your Panama City, Panama wealth in 2006 and beyond. The Oxford Club’s Horacio Márquez will reveal where the smart capital is moving and highlight the massive gains that a InterContinental Playa handful of international “blue chip” stocks returned, plus he’ll also fill you in on Bonita Resort & Spa his Money Map system – which uses 28 proprietary variables to track where money is flowing overseas and how to get in for the ultimate profit play. Important Note – Chairman’s Circle and Lifetime Fellowship members receive special discounts. For more information, please call Sovereign Society’s David Newman today at 561.272.0413 ext.118 or e-mail him at [email protected] TRUE WEALTH GOLD Former Investment Director of The Oxford Club, Dr. Steve Sjuggerud,would like CONFERENCE to invite you to an important – and private – meeting. At this meeting, you’ll May 31, 2006 discover why this particular investment is still one of the cheapest and most Hyatt Regency, Long Beach, CA undervalued around... and why it could bring you triple-digit profits by the end of this year. The fact is, most people simply don’t know the great investment options available in this sector... including a few innovative new ways to invest (one of which will be presented for the first time anywhere at this private meeting). Special Guest Speakers will include Mt. Vernon Options Club editor Lee Lowell and The Oxford Club’s Horacio Márquez. Please note: Dr. Sjuggerud’s meeting is not open to the public. For more information please call Event Manager Kristen Kossuth at [email protected] or 410.864.1717. Don’t forget to mention you are an Oxford Club member. JULY The biggest, most informative investor event of the year is approaching... And this time around, it’s bigger than ever. Join The Oxford Club and the Mt. Vernon Options THE AGORA FINANCIAL Club at this year’s Agora Financial Wealth Symposium, July 25-29, at the WEALTH SYMPOSIUM luxurious Fairmont Vancouver in Canada. The list of top-notch speakers will July 25-29, 2006 include Steve Forbes, Rick Rule, Alexander Green, Karim Rahemtulla, Vancouver, BC Dr. Mark Skousen, Louis Bass, Horacio Márquez, Bill Bonner, the Fairmont Hotel legendary Doug Casey... plus many more. You’ll also get top strategies from a wide range of specialists. It’s the safest and easiest way to explore what’s new in value stocks, emerging markets, personal freedom, commodities... and even small- cap stocks. Don’t risk missing a single moment of this star-studded event. And for a limited time, discount tickets are still available to Chairman’s Circle and Lifetime Fellowship members. Call Agora Travel at 800.926.6575 or 561.243.6276 for all the details. NOVEMBER If you want a complete immersion in the art of smart investing (along with a great networking opportunity), I encourage you to check out the New Orleans THE NEW ORLEANS Investment Conference, scheduled for November 15-19, 2006 at the Marriott INVESTMENT CONFERENCE Hotel in beautiful downtown New Orleans... only blocks from the French Quarter. November 15-19, 2006 The event’s going to feature an entire day of Oxford Club, Mt. Vernon Options Club New Orleans Marriott and Agora Financial speakers... including top speakers like Alexander Green, Mark Skousen, Karim Rahemtulla, Addison Wiggin, Louis Bass, Steve McDonald and Bill Bonner. Other fantastic headliners will also be on hand. For information, contact Kristin Keeney at 410.223.2658, or 800.992.0205 or e-mail her at [email protected] MEET THE OXFORD CLUB TEAM IN A TOWN NEAR YOU Learn the Secrets of Wealth-Building from America’s Top Financial Experts Belonging to The Oxford Club has many advantages, but none so rewarding as being able to attend the Regional Chapter Meetings. If you haven’t been to one – it’s a must! You’ll hear expert speakers discussing the hottest trends in the investment world, and how they affect your future. And, you get to mingle with other investors who live in your community, forging profitable, lifelong relationships.

CHAPTER MEETING DALLAS SAN ANTONIO SCHEDULE TEXAS TEXAS ~2006~ “Penny Options: “Penny Options: Look below for upcoming 2006 Profiting from Strangles Profiting from Strangles chapter meetings close to you, and Straddles” and Straddles” and don’t forget to register… WHEN WHEN IT’S FREE! April 19, 2006 April 21, 2006 WHO WHO JUNE 27 SAN FRANCISCO Mt. Vernon Options Club Advisor Mt. Vernon Options Club Advisor Steve McDonald is a former broker, Steve McDonald is a former broker, JUNE 29 PORTLAND and a regular contributor to the and a regular contributor to the Smart Options E-Report and the Smart Options E-Report and the JULY 31 CALGARY monthly Accelerated Profits Report. monthly Accelerated Profits Report.

WHERE WHERE AUGUST 2 TORONTO Omni Mandalay Hotel at Las Colinas San Antonio Marriott Northwest 221 East Las Colinas Blvd. 3233 NW Loop 410 SEPTEMBER 14 ANNAPOLIS Irving, TX 75039 San Antonio, TX 78213

RSVP by April 14, 2006 RSVP by April 14, 2006 OCTOBER 19 DETROIT

ADDITIONAL SPEAKERS: ADDITIONAL SPEAKERS: Jeff Taylor, Don Hosmer Jeff Taylor, Don Hosmer NOVEMBER 9 NEW YORK and Barry Potekin and Barry Potekin

ADDITIONAL SPEAKER INFORMATION FREE REGIONAL CHAPTER MEETINGS DON HOSMER, CEO, President & Director | Royale Energy, Inc. 12:30PM – Registration 7676 Hazard Center Drive | Suite 1500 | San Diego, CA 92108 1:00-5:30PM – Presentations / Program 619.881.2800 | fax 619.881.2899 | [email protected] | www.royl.com *Cost: FREE BARRY POTEKIN, VP of Public Relations / The RMB Group, A Divison of Man Financial | 141 W. Jackson Blvd. | Suite 180C TO REGISTER Chicago, IL 60604 | 888.281.9570 | [email protected] Space on all days is limited. Reserve your place before JOE GANDOLFO, PH.D. | Joe Gandolfo, Ph.D. & Associates the R.S.V.P. date by phoning Member Services at P.O. Box 6989 | Lakeland, FL 33807-6989 | 800.553.1008 fax 863.646.4840 | [email protected] 800.992.0205 or 410.223.2643 *Professional attire is kindly requested for all OC events. DAVID MELNIK, Q.C., Wealth Protection Advisor, The Oxford Club, 350 Lonsdale Rd, Suite 311, Toronto, Ontario, Canada M5P 1R6 416.488.7918, fax 905.877.7751 | [email protected] For More Information, Please Visit Our JEFF TAYLOR, VIP Trading Specialist, The Oxford Club Website at www.OxfordClub.com 866.364.8582 | fax 410.783.8464 | [email protected]