I like Alex, but even his own website rightly warns:
There's a war on for your mind.
Keep that in mind whenever someone tries to scare you or instill fear in you. Even when it's Alex himself.
The latest and loudest fear-based PR campaign concerns the US dollar and inflation. The end of the dollar is now the most widely telegraphed event in the world. Everyone knows it's going down . . . its death is on the cover of magazines . . . pundits rail about it in the news. Now there's a film about it.
Here's where it gets interesting.
When I checked the website for the film, sure enough, it was a good ol' Porter Stansberry production.
Porter Stansberry promotes Stansberry & Associates Investment Research as an independent investment research firm, with subscribers in more than 100 different countries. The key word is subscribers.
Porter Stansberry sells newsletters.
. . . . .
We publish more than a dozen research services, on everything from value investing, income investing, and biotech research... to corporate bonds, natural resources, and alternative investments. Below you'll find a full list of the research services we offer. Click the "Subscribe" button to start a trial subscription immediately. You will have full access to this research in less than 30 minutes.
Publication Price Term
True Wealth $99.00 12 Months SUBSCRIBE
Stansberry's Investment Advisory $99.00 12 Months SUBSCRIBE
The S&A Resource Report $99.00 12 Months SUBSCRIBE
The 12% Letter $99.00 12 Months SUBSCRIBE
Retirement Millionaire $99.00 12 Months SUBSCRIBE
Inside Strategist $99.00 12 Months SUBSCRIBE
Penny Stock Specialist $199.00 12 Months SUBSCRIBE
Extreme Value $1,000.00 12 Months SUBSCRIBE
Advanced Income $1,000.00 12 Months SUBSCRIBE
S&A Off The Record $1,000.00 12 Months SUBSCRIBE
Penny Trends $2,000.00 52 Weeks SUBSCRIBE
True Income $2,400.00 12 Months SUBSCRIBE
Retirement Trader $2,500.00 12 Months SUBSCRIBE
S&A Short Report $4,000.00 52 Weeks SUBSCRIBE
Phase 1 Investor $5,000.00 12 Months SUBSCRIBE
. . . . .
Porter seems like a nice guy. He kindly warns you before watching his film.
WARNING: THE FOLLOWING PRESENTATION
IS CONTROVERSIAL AND MAY BE
OFFENSIVE TO SOME AUDIENCES.
Viewer discretion is advised.
If you decide to leave the site, the website checks to make sure you're not making a mistake. Try it. They really seem to want you there. So you can buy their important information from them.
Are you sure you want to navigate away from this page?
***************************************
W A I T B E F O R E Y O U G O !
CLICK THE *CANCEL* BUTTON RIGHT NOW
TO STAY ON THE CURRENT PAGE.
In the coming months, Americans will experience a crisis that affects your home... your bank account... your family... and your future. I am as certain about this as I’ve ever been about anything before. Please stay on this page and at least skim this report so that you will be prepared.
***************************************
Press OK to continue, or Cancel to stay on the current page.
Porter says that the dollar is toast because oil is not going to be priced in dollars anymore because the dollar is toast.
Prior to launching Stansberry & Associates Research, Porter was the first American editor of the Fleet Street Letter, the oldest English-language financial newsletter.
So basically Porter has a lot of experience writing newsletters.
I first heard of Porter and his newsletter company from Simon Black, the guy who runs Sovereign Man. Simon says we should listen to Porter. Just like Porter, Simon says the dollar is going to be destroyed. Simon also sells newsletters for $395 a year.
And it's amazing how close his voice sounds to Porter's. I mean, it's incredible. Really.
Simon says that in the last 18 months, he has visited over 60 countries, and did business with a President and an ambassador, met with several diplomats, briefed sovereign fund managers, flew an aerobatic stunt plane, started several companies, hitchhiked in Bogota, trained with professional Thai boxers, took a train across the Orient, and made several lucrative, invitation-only private investments.
Wow. Now that's a pretty cool life. Yet Simon never shares any photographs of this James Bond-lifestyle. So we have to take him at his word.
Simon also says that prior to becoming an entrepreneur and investor, he was a West Point graduate and an Army Intelligence Officer.
So when Simon says the dollar is toast, you know he knows his FX stuff because he was in the military.
95% of traders agree with Simon and Porter and think the dollar is toast. And there is the largest short position in the dollar ever in the FX market. Only 5% of traders are bullish on the dollar. So it's gotta go down, right?
Maybe. But just remember one thing:
There's a war on for your mind.
No comments:
Post a Comment