Dear Daily Reckoning reader,

On June 1, 2006 we sent the following letter to members of our elite Agora Financial Reserve service, announcing among other items, a new membership drive, open at a special discount price from today until midnight July 30, 2006.

You'll be receiving additional information about the Reserve and its many benefits in the future. But, as you are already a reader, I thought it would be worth giving you a quick heads up. Please enjoy…

Letter From the Founder

Addison Wiggin
Agora Financial, LLC 
808 St. Paul Street
Baltimore, MD, 21201

Dear Agora Financial Reserve Member,

On September 1, 2005, a unique idea came to life.   Now it's time to take stock.

On that auspicious date, for the first time, we invited you, one of Agora Financial's  loyal subscribers, to join in what has turned out to be a unique and profitable experience. Congratulations, and thank you for participating thus far. If the following member comments are any indication, the Reserve has been a great success:

"I've enjoyed multiple offerings from Agora Financial to date… in the short seven months since joining … I have more than doubled my initial investments…Thanks to you and your "Crack Team" of investment strategists!
- J M. DeWolfe (and family)

 "Simply amazing. I have made back the entire cost of the Agora Financial Reserve in less than 6 weeks with a very conservative approach.  Awesome job, folks!" 
- J. Ward

"I am [already] extremely impressed. I was formerly a member of the Penny Stock Fortunes and was very happy with this service… after joining [Agora Financial Reserve] I quickly made far more than the subscription fee. This current asset is potentially one of the most valuable I can image. 
- J. J. Sigler, Sr.

Like these gentlemen, by joining Agora Financial Reserve, you were granted access to all of our best insights, analysis and recommendations. Every newsletter, book and trading advisory was yours to explore… and if you followed our advice, you had a chance to rake in some hefty gains:

• 210% with FedEx puts in 19 days from Options Hotline…
• 400% with silver calls in just 34 days from Resource Trader Alert…
• 115% on Foundation Coal Holdings in less than a year from Outstanding Investments…
• 116% with Technology Research Corp in four months from Small Cap Strategy Report…
• 118% on Compannia Paranarnse with Capital & Crisis.

That's to name just a few…

You've had the opportunity to hear about and review our newest services and features before we presented them to the general public. That meant a chance to profit from our latest ideas before anyone else… and your feedback was vital to making sure we delivered the best advice possible.

Of course, Agora Financial Reserve isn't just about making money. It's about making a better life for yourself. As a Reserve Member, you have a link to opportunities and ideas you can't find anywhere else. Whether you want to enjoy your retirement to its fullest… dream of owning property in a tropical paradise… or just want to surround yourself with intelligent people, the Reserve is your gateway.

And we look forward to welcoming you to our first AF Reserve Summit, this July 27^th as we gather at the Agora Financial Wealth Symposium in Vancouver. More on that in a moment.

But first let me show you how far we've come… where we're going and our plans for making the Reserve ever stronger.

You are in great company!

Initial response to our Membership drives last fall was overwhelmingly positive. As of May 31, 2006, we had nearly 3,000 members. That's a strong number of active and intelligent investors. But we're just getting started.

Because the Reserve has been such a phenomenal success for the members and for Agora Financial, we plan to open up membership once again, from today until the end of this month. We're offering another round of exclusive pricing. At the end of which, the Reserve will be closed to all new applicants until our next membership drive.

Your Agora Financial Reserve Membership includes subscriptions to nearly a dozen investment newsletters and trading advisories. As of May 31, 2006, you are eligible to benefit from the following services:

Resource Trader Alert (Retail value; $995 a year): With "Maniac Trader" and MarketWatch columnist Kevin Kerr at the helm, Resource Trader Alert boasts one of our best portfolios to date. No one knows more about commodities than Kevin, and his futures options recommendations are the best way to play commodities… whether they're going up or down.

Hopefully you had a chance to cash in on Kevin's recent wins like 100% on cocoa calls in two weeks… 70% on corn calls in four months… or his stunning 400% gain on silver calls in just 34 days!

Options Hotline (Retail value: $995 year): This is one of the oldest options services in America… and editor Steve Sarnoff is among the best in the business. The son of the legendary Paul Sarnoff, Steve uses his father's proven strategies and a few tricks he's developed on his own to uncover the best stock option plays on the market.

We're pleased to offer Options Hotline as part of your Agora Financial Reserve Service. And we hope you're happy with the profit opportunities you've received: 153% with SPY puts in 66 days… 210% with FedEx puts in 19 days… 113% with DIA puts in 10 days…

Strategic Investment (Retail value: $49 year):  Soon to be in the capable hands of Dan Amoss - a designated Chartered Financial Analyst - Strategic Investment scours the world to bring you the most independent macro-based investment advice in the industry.

With Strategic Investment's advice, you could be seeing 53% gains with the Singapore Index Fund… 71% with the Dow Jones U.S. Energy Sector Index… and 144% with Companhia Vale Do Rio Doce. And it's only going to get better. Dan Amoss has been busy assembling a crack team of geopolitical and financial analysts to exploit new opportunities at the nexus between money and politics! We're very excited about developments in this arena…

Outstanding Investments (Retail value: $49): Our crown jewel, Outstanding Investments, was recently rated the number #1 newsletter over the past fives years by Hulbert's. And it's not hard to see why. Editors Justice Litle and Kevin Kerr both know the commodities game inside and out. Kevin, of course, also runs Resource Trader Alert. And Oxford graduate Justin Litle earned a name for himself by developing sophisticated trading and hedging strategies for a broad cross section of clients including soybean farmers, cattle ranchers, currency hedgers, energy consultants, scrap metal dealers and everything in between.

With Kevin and Justice's advice, Outstanding Investments readers have had a front-row seat for riding the global hunger for raw materials: 83% with Placer Dome, 542% with Valero… 77% with GoldCorp and115% on Foundation Coal Holdings…. And more!

Capital & Crisis (Retail Value $59 per year) - Chris Mayer's reputation as a knowledgeable, independent financial thinker has landed his essays in prestigious forums like The Mises Institute, the Freeman, GoldEagle.com, LewRockwell.com, FiendBear.com, PrudentBear.com, Grant's Investor and Individual Investor Magazine. It also made him a natural choice to take the reigns of The Fleet Street Letter, recently rechristened Capital & Crisis.

Chris's conservative approach has given his readers a chance to see 67% with Intrawest Corp… 64% with Agrium… and 99% with Imperial Sugar…

Small Cap Strategy Report (Retail Value $59) - In May editor James Boric re-launched his Penny Stock Fortunes with a new attitude and an even better path to profits. After meeting legendary value investor Joel Greenblatt at a New York investment conference, James launched Small-Cap Strategy Report to put Greenblatt's ideas to use in the small-cap market.

Mr. Boric's "Million-Dollar Portfolio" is designed to find the best small-cap stocks in the market. In fact, he's certain it will surpass the amazing results his readers have already had a chance to see, like 80% with Safeguard Scientifics… 116% with Technology Research Corp… and 100% with Matritech.

Emerging Capital Report (Retail Value $995 per year) - Jonathan Kolber's 20 years of technology enthusiasm really shines through in his Emerging Capital Report. He sniffs around like a true venture capitalist, scanning for the least-known opportunities before they take off, visiting their CEOs and drilling down to the most exciting - and potentially, the most profitable - opportunities. 

In the process, he's given you a chance for some truly once-in-a-lifetime profits: ScanSoft, up 119% today… China Education Resources, up 71% since March… and Nuclear Solutions, up a mind-blowing 717% since Jonathan's first recommendation in 2004.

MST Trader (Retail value: $1000 a year): Led by Mark Bail - a former Trader and Chief Technical Analyst at a respected financial company in Florida - MST Trader uses three of the most powerful technical indicators to deliver buy-and-hold type gains in as little as 5 days. 

His recent winners include 85% with Kodak calls in a week… 12% with Eaton Vance puts in 10 days… and an incredible 29% with Sigma Design puts in a single day.

Over the past nine months, we've proven our commitment to you by making some big changes to the services you already enjoy.

Agora Financial Reserve Monthly Newsletter - When we planned the Reserve, we decided to send you a quarterly update with news and our favorite stock picks. But we quickly realized that you'd want more than that. So each month you receive an exclusive letter from me. Each issue brings you special news and special offers we've uncovered.

This is also where you'll find the Agora Financial Reserve Focus List - a list of our editor's favorite stock picks. Of all the recommendations you receive, these 20 or so stocks are the cream of the crop - your best chance for big profits over the next 12 months. The Focus List is presented every three months, so you always know what to buy now.

And we've given you a sneak preview of some of our upcoming blockbusters…

Macro Trader (Not Yet Available to the Public) - Justice Litle is expanding his reach to the trading markets - and right now, his recommendation are exclusively available to Agora Financial Reserve members. 

That means you're one of the few people in the world benefiting from Justice's trading advice. And today, all of Justice's recommendations are in the black - with an average gain of 29% since March!

The Global Profit Hunter: Our emerging markets expert, Sala Kannan, originally designed a series of quarterly reports to highlight the best investment ideas around the globe. But after spending time in India, South Africa and Zimbabwe, she realized that there were just too many opportunities to cover in such a limited format. So she took the helm of Global Profit Hunter - a monthly look at international investments. And as a Reserve member, you're along for the ride - absolutely free.

Mayer's Special Situation Report - Get ready for Chris Mayer's focused look at fast-breaking market opportunities. Branching beyond the deep value analysis of Capital & Crisis, Chris uses his years of analytical experience to zero in on stocks on the verge of big moves.

The Survival Report - Mike "Mish" Shedlock and Brian McAuley are about to take their Whiskey & Gunpowder spin-off to a private audience - including you. Each issue will feature a complete look at the global economy and recommendations for cashing in on the trends they see. Expect to see news and advice on Treasuries, housing, precious metals, energy, foreign government bonds, currencies and major market indices worldwide. And the profits you could rack up are just enormous.

When you joined the Reserve, you also received a complimentary copy of Seeds of Wealth - a program for teaching your kids the joys of saving and investing. With its help your children could be millionaires by the time they're 30! This exclusive guide isn't available in bookstores.

But we did have a stellar year with the books that did make their way to the stores. Both Demise of the Dollar and Empire of Debt became NY Times bestsellers. More importantly, Empire of Debt seems to have struck a real chord with the public. Both books are still highly ranked on Amazon.com and other highly visible national outlets.

The books have gained international exposure for Agora Financial's stellar stable of analysts. Tomorrow, in fact, you'll be able to catch Chris Mayer on Forbes on Fox, his second appearance on their Maker's & Breakers segment. Kevin Kerr has been invited to be a regular on CNBC's Kudlow & Co. as their commodities guru. Justice Litle has done some impressive tours around the country by radio… and your humbler founder has found himself on nationally broadcast show like CBS Sunday Morning and ABC World News. The exposure has been excellent and should only provide all of us with an ever widening circle of influence and opportunity.

In the meantime, we have other books in the pipeline. Kevin Kerr plans a retrospective on his life as the 'Maniac Trader'; Justice Litle is hard at work on an in-depth exploration of Gold: The Once and Future Money; Chris Mayer is outlining his value investing strategies in an easily digestible tome. And this summer, we're ready to work with Dr. Kurt Richebächer to bring his along-awaited book onto bookshelves. 

Of course, Agora Financial Reserve Members will have the very first chance to read these books - absolutely free.

We're also in talks with a Hollywood production company to get Empire of Debt made into a feature length documentary. Should we manage to pull than off, we'll arrange a private screening exclusively for Agora Financial Reserve members. We'll keep you posted…

Our Goal Is Continuous Improvement - Tell Us What You Think!

As you know, our goal is to provide you the best investment advice and recommendations - which means we're always refining our services. Sometimes that means discontinuing a service so our editors can focus on refining their ideas or on their core services. As we're sure you're aware we have discontinued the following services:.Strategic Options Alert; The Bull Hunter; and Crisis Point Trader.

Each day we receive an overwhelming number of calls and e-mails from AFR members. Ashley Hackel, your personal AFR representative, has quickly addressed any questions, problems, even complaints. Those are few and far between, however. In fact, we're happy to hear how many people we've touched.

"I had $60,000 in my investment account at the time I wrote a check from this account to pay for your service.  It is now 3 months later and not only have I regained the $60,000, I have reached the $63,000 mark…  I am extremely pleased to be a member of this elite group that should keep me making double-digit returns for the foreseeable future." 
- D. Downing, St. Louis, Mo.

"Since I have joined the reserve I have enjoyed reading the past year's worth of reports from Outstanding Investments, Strategic Investments and Fleet Street Letter.  They have all been fantastic and I have no doubt that for the insights presented in all your newsletters alone that this Reserve will be well worth it." 
- D. Matteini

"Thank you Addison, and the rest of the Team. I'm looking forward to the ride. I've made a few $$ already and I am counting on your help to look back on the 'entry fee' as a small price to pay. Let the future begin! 
- Kimpton

If you have any questions or comments about anything in this letter, please let me know via Ashley Hackel at 1-800-708-1020 or by writing to Ashley at reserve@agorafinancial.com.

Because the Reserve has been such a success, we've decided to offer another round of membership. Since closing the Reserve to new members, we have received many requests to allow new members to join. And after careful consideration, we have decided we should bolster our ranks with a limited-time membership drive.

The decision was not an easy one. We value our Charter members greatly and worried that more members might dilute the quality of the Reserve. But after careful consideration, we realize that more members will be a benefit. More members means more feedback - and a potential source of new investment ideas we can pass along to you.

Our qualifications will remain stringent, however. Membership will be limited to the most dedicated Agora Financial members only… at a special discounted price. And it will only be available for a limited time.

This year the Agora Financial Wealth Symposium returning to the Vancouver Fairmont, July 25-29, 2006. It's our seventh annual AF Wealth Symposium, but this year is by far the most exciting. The theme of this year's event: INVESTING IN THE AGE OF EMPIRE.

As you know, the investment landscape is rapidly changing. We've invited some of the world's most influential and experienced investment analysts to join us in Vancouver for a high-level discussion of the best ways to turn crisis into opportunity. You'll have a chance to hear from Steve Forbes, Bill Bonner, Dr. Mark Skousen, Doug Casey, Dennis Gartmann, Frank Holmes, Dr. Steve Sjuggerud; Rick Rule; Karim Rahemtulla; Alex Green and a host of other luminaries. This is not an event to be missed.

And luckily, as a Reserve Member, you won't have to. You're invited to join absolutely free. You'll enjoy entrance to all meetings and the exhibit hall, the welcome cocktail reception, continental breakfast each morning, 2 lunches, coffee breaks, in-class course materials and take-home reference materials. 

In addition, you're also invited to our exclusive Agora Financial Summit. On July 27, you'll have a chance to meet your fellow Reserve members on a mystery adventure. That's right… we have something extra-special planned for the Reserve Summit, and it won't cost you a dime. 

Once again, thank you for your loyal support. You'll hear from me again soon.

Best regards,

Addison Wiggin
Founder, Agora Financial Reserve

P.S. The new membership drive will be open at the special discount price of $4997 (plus a modest $149 annual maintenance fee) from today June 1, 2006 until Midnight July 30, 2006. That's a significant savings rate of almost 30%.

Given the amount of incredible opportunities we're beginning to muster - that's a great deal, indeed. If you're at all interested in becoming a member of the Agora Financial Reserve, now would be a great time for to join. Become a member today, click here.

Copyright 2006, Agora Financial, LLC and The Daily Reckoning, 808 St. Paul St., Baltimore, MD 21201
All rights reserved. No part of this report may be reproduced or placed on any electronic medium without written permission from the publisher. Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed.