GLOBAL STOCK INVESTOR HOTLINE UPDATE 18

Our Global Stock Investor portfolio has recovered strongly from last week’s sell off just prior to the July 4 holiday. Those of you who bought our current recommendations on last week’s pull back are already sitting on some nice profits.

As a word of caution, it is worth remembering that July historically begins the weakest four months for global markets — right before the traditional strong Q4 rally. So let’s enjoy the strong weeks when we have them — and feel confident in buying those dips when such opportunities present themselves.

PORTFOLIO UPDATE

Thanks to a 27% surge in the share price of America Movil (AMX) between March and June, Mexican tycoon Carlos Slim is now the world’s richest man. He has overtaken Microsoft founder Bill Gates. Worth an estimated $67.8 billion, Slim now is close to $8.6 billion wealthier than Gates. It was only in April that Forbes magazine reported that Slim had overtaken billionaire investor Warren Buffett for the No. 2 spot in the world’s richest stakes. Our bet alongside this billionaire Slim has been our strongest performer to date. With the stock up 33% and back near record highs, it remains a STRONG BUY.

Mining group Anglo American (AAUK) found its footing and resumed its upward trajectory. I just returned from a lunch with the CEO of a possible acquisition target of Anglo American. That CEO believes that the commodities super cycle is set to go until 2020. Anglo American remains a STRONG BUY.

Home Inns (HMIN) is showing signs of life. The stock is slowly moving upward, in part due to French investment bank BNP Paribas raising its 12-month target price on the company from $39.20 to $41.37 Monday. We’ll keep the stock at a HOLD.

Indian banking play ICICI (IBN) just broke the $50 barrier for the first time. The Indian stock market benchmark Sensex surged to a record high of 14,664.26 yesterday, based on hectic buying by funds in blue-chips led by cement and capital goods stocks. India’s Citibank is up 19.43% since our initial recommendation, and remains a BUY at these levels.

Global cell phone operator Millicom International (MICC) is also hitting record highs, and is now within striking range of $100. Let’s keep riding the wave on this growth story. Millicom is a STRONG BUY.

Shares in global steel giant Arcelor Mittal (MT) announced that it is looking for a strategic tie up with Korean rival Posco. Arcelor Mittal is the firm most often rumored as a suitor for Posco, which began life as a state-owned firm but now floats freely as a public company. Posco’s lack of insider ownership makes it exceptionally vulnerable to a foreign takeover. And Arcelor Mittal is the most acquisitive steel company on earth. Posco is seeing the writing on the wall. Stay tuned. This is one to BUY on the dips.

The London terror threats and pressure on the U.K. retail sector has weighed on Tesco’s share price in recent weeks. Tesco (TSCDY) is known for its market-beating prices that few rivals can match. This now applies to Tesco’s stock, as well. A bet on the fourth-biggest retailer in the world offers solid, blue chip growth at a reasonable price. Tesco is a BUY.

The Swedish ETF (EWD) is hitting a record high as I write this report. The stock price is supported by a strengthening Euro against the dollar. Our bet on Swedish reforms — up a safe and solid 15.10% since our initial recommendation — is a BUY.

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I personally invite you to sign up for this year’s Money Show, July 26-28, 2007, at the San Francisco Marriott located in the heart of the city’s picturesque downtown. Join over 50 of the country’s premier policy analysts, advisors, and money managers who will share their best strategies for taking advantage of economic, political, and market opportunities to grow your investment assets. You can choose from over 150 educational workshops and 15 panel presentations. The show also features a state-of-the-art exhibit hall with more than 125 of the finest financial companies in the country displaying their cutting-edge products and services. For complete details or to register for free admission, call 800.970.4355 (be sure to mention priority code #008564), or visit: The Money Show San Francisco’s Home Page to register today!