Porter Stansberry


wealthymattersHere’s what wikipedia says about Porter Stansberry:

Frank Porter Stansberry, is an American conservative subscription-based investment advisor and the creator of the 2011 online video and infomercial entitled “End of America”.In 1999 he founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland. He is currently the editor of Agora Inc.’s internet financial newsletter ‘Porter Stansberry’s Investment Advisory’, and the weekly trading service, ‘Porter Stansberry’s Put Strategy Report’.

Stansberry is critical of the performance of President Barack Obama. He estimates national debt at 56 trillion dollars, and accuses Obama of exacerbating the situation with reckless spending. He predicts financial ruin for America and states that at that point even Obama’s proponents will reconsider their past support.

In an August 2011 online debate with James Altucher, Stansberry predicted that Europe’s debt crisis will only intensify in the coming year, with Italy’s Unicredit being “the next big domino to fall.”Stansberry predicts that once Unicredit falls, Germany will not bail them out, and that in fact Germany will leave the European Union within the next twelve months (by August 2012). Additionally, Stansberry predicts that the U.S. Dollar will lose its reserve status and the U.S Treasury “bubble” will burst.As a result of these oncoming financial calamities, Stansberry recommends that investors convert their assets to 50% gold and 50% cash, if they’re not willing (or able) to actively short stocks.

Personally I don’t know anything about Porter or his record.In fact I had to look him up in wikipedia after tumbling onto his website.Here is the link: http://www.stansberryresearch.com/. I can’t recommend buying any of his reports as I have no experience of them.But It’s well worth your time clicking the links on his website to read some pretty interesting articles even if they have a conservative slant and are often solicitations for trade.Some or probably a lot of the scenarios predicted may never come true.But reading them will give you ideas and insights into how some things may pan out.I have spent a whole evening reading articles on this website and  I got to know a lot about the state of the economy in places as disparate as Brazil,China,Italy,Greece,Australia and the US.Such news rarely makes it to the Indian newspapers.I have added the website to my blogroll to be certain to revisit it at frequent intervals.

PS:for all those concerned about the SEC action against Porter,I think here is an article that will set your mind at rest:http://www.nytimes.com/2010/07/04/opinion/04sun3.html

About Keerthika Singaravel
Engineer,Investor,Businessperson

7 Responses to Porter Stansberry

  1. Pingback: Surprise! Doom and Gloom Sells | TheMoneyGeek Unplugged

  2. Nichole says:

    I have been browsing on-line more than three hours today, yet I didn’t find any attention-grabbing article like yours.It is good value for me. In my opinion,if all website owners and bloggers made just right content as you do, the net will likely be a lot more useful than ever before.

  3. Stansberry CS says:

    If you have any questions about Stansberry and Associates, please do not hesitate to call customer service at 1-888-261-2693. We would be happy to assist you. We are open Monday – Friday 9-5 EST.
    If you are interested in more information about the SEC lawsuit, please visit this website:
    http://www.stansberrysecinfo.com

  4. Ebony Faulhaber says:

    Neat blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple adjustments would really make my blog stand out. Please let me know where you got your theme. Thanks a lot

  5. Jude says:

    Please let me know if you’re looking for a writer for your site. You have some really good posts and I believe I would be a good asset. If you ever want to take some of the load off, I’d absolutely love to write some articles for your blog in exchange for a link back to mine. Please send me an email if interested. Thanks!

  6. Marc says:

    With having so much content do you ever run into any problems of plagiarism or copyright violation? My blog has a lot of exclusive content I’ve either created myself or outsourced but it appears a lot of it is popping it up all over the web without my agreement. Do you know any techniques to help reduce content from being stolen? I’d really appreciate it.

Please Leave Me Your Comments!I Love Reading Them!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: