Stansberry Radio

What an Asia Real Estate Guru Looks For in an Investment...

2013-06-14T15:59:00

In yesterday’s Digest Premium, I (Porter) shared some of my recent interview with Asian-investment guru Peter Churchouse from a recent episode of Stansberry Radio Premium.

I asked Peter to join the show to discuss what makes Asia such an intriguing investment opportunity... and how he knows when to sell. Today, I wanted to offer some details he gave about how he values a property market.

When I look around the world at equities – when I do a top-down analysis – I’m looking for high real interest rates... low price-to-earnings multiples... and high dividend yields.

So I asked Peter what metrics he uses when he’s analyzing the property market...

Peter pointed out that in the U.S., real estate investment trusts (or REITs) make up an overwhelming majority of real estate stocks. That’s not the case in Asia, where Peter estimates it’s closer to 15% of the real estate market.

The REITs are similar to what you would look at in the U.S. You’re looking at dividend yields. The legal situation is very similar to the U.S. Asia’s kind of copied the U.S. model. And so, they trade in a similar way.

Peter and his son (and business partner) Tama also focus on leverage...

You find in mainland China a wide variation in the amount of leverage that these developers will take on. That is something you want to be compensated for. We err toward the conservative side, so we are typically looking at companies with lower degrees of leverage.

And a market like Hong Kong, for example is very lowly leveraged. They’ve learned from the mistakes they’ve made in previous cycles. Real-estate stocks in Hong Kong are probably the least leveraged of any major market in the world by a significant margin.

Average net-debt-to-equity ratios are probably in the range of 12%-17%. So they are very much lower than they are in the U.S. and most of the markets. That means they have a lot less financial risk when you’re looking at them as investments. So that to us is very important in this part of the world where the volatility tends to be high.

Every week, I host well-known guests like Jim Rogers, Peter Churchouse, and Doug Casey on my Stansberry Radio program. S&A editors, like Retirement Trader’s Dr. David Eifrig and Extreme Value’s Dan Ferris, are also frequent guests.

And as I mentioned yesterday, Peter appeared on the subscriber-only version – Stansberry Radio Premium, where I ask guests to share their top current investing ideas. To learn more about a subscription – and how to gain access to these episodes – click here.

– Porter Stansberry with Sean Goldsmith

Fixing This Mess Is Simple

2013-06-14T13:16:00

Porter Stansberry: The End of America has arrived

2013-06-12T14:12:00

From Porter Stansberry in The S&A Digest:

Friday, June 07, 2013

Bear with me...

Today’s Digest addresses what I believe is the core financial issue of our generation. These concerns are so important, they dwarf all other financial considerations.

Unfortunately, few journalists have any idea what these things mean. That means you likely haven’t heard of most of these things. So please... allow me a bit of basic reporting.

Last April... in a little-noticed move... Australia announced it was transferring 5% of its currency reserves from the U.S. dollar to the Chinese yuan. The deal was part of a broader currency agreement between the two countries that allows Australia’s leading banks to handle trade settlements between the two countries without the use of the U.S. dollar as a reserve currency.

As CBS Marketwatch explained, “The agreement does away with the need for companies and currency traders to first convert their Australian dollars or yuan into U.S. dollars.”

Similar direct-exchange agreements, swap lines, and bilateral trade agreements have now been established between China and virtually every major economy in the world: Japan, Brazil, Russia, India, Britain, and France – not to mention every economy in Asia. These agreements will allow China, the world’s dominant consumer of commodities, to completely avoid using the U.S. dollar in virtually all of its raw-material sourcing.

Similar “dollar exclusion” agreements have been formed by Russia with its major trading partners. London-based HSBC, one of the world’s largest banks, now predicts that by 2015, the Chinese yuan will equal the U.S. dollar and the euro in cross-border transaction volume.

In December 2008, I began warning about the risk that the U.S. could lose its “world reserve currency status,” something I termed the “End of America.” It’s worth looking at what I wrote almost five years ago because so much of what I feared would happen has come true...

To continue reading Porter’s entire essay, click here.

Social "Ponzi Scheme" Security

2013-05-31T15:50:00

A Sell Signal You Won't Hear About Anywhere Else

2013-05-30T13:56:00

It’s impossible to time exact market tops and bottoms. And even though it’s apparent to us that things are getting crazy, these price inflations can continue for a long time... sometimes months or even years longer than you would expect.

Back in 2006, we started warning of a market top through our frequent “signs of the top” ideas. These were current events, extreme stock valuations, or takeover deals that seemed absurd. But as we just said, it’s impossible to pinpoint market tops and bottoms... So these warnings weren’t a call to sell everything or short the market. They were simply a reminder that prices were no longer trading on fundamentals... Greed had taken hold of the markets. And today, that’s the position we’re in again.

Right now, one man controls the fate of the markets – Federal Reserve Chairman Ben Bernanke. He’s injected trillions of dollars into the market. And he continues to bolster markets with $85 billion a month in asset purchases.

If the market believes Bernanke will taper off his money-printing efforts (aka quantitative easing) early, it falls... The next day, if investors believe Bernanke will keep up the printing, the market rises. It’s pure speculation...

-Porter Stansberry with Sean Goldsmith - May 29, 2013

In April of 2009 I read a fantastic essay by one of our editors. After reading it I wrote him this note.

Jeff --

Some people will disagree with me, probably... but I think this is one of the top five essays I’ve ever read from a newsletter, up there with Bill’s essay about slaughtering a pig, Richard Russell’s essay on compound interest, Doug’s essays on how to privatize an entire country, etc.

If I didn’t know you personally, I would have never believed this story.

Thank you for this outstanding contribution to our business --

Porter

Click here to read that essay and I hope it’s as important to you as it was to me.

Other People's Other Money

2013-05-29T11:11:00

The Next Boom

2013-05-17T09:02:00

This morning on a nationally syndicated radio program there was a great episode you'll want to listen to.

"With supplies high and prices at historic lows, there's debate whether U.S. companies should be allowed to export the gas overseas for a higher price. Many energy companies have applied for government approval to ship liquefied natural gas worldwide. So far, only one company has gotten a license to do that in the past 30 years.."

But those of you who've been listening to Porter already knew about this company and if you followed his recommendations you should be sitting pretty.

If you want to stay ahead f the crowd I suggest joining Stansberry Radio Premium. For only $10 per month you'l be the one way out in front.

'One of the greatest intellectual frauds ever perpetrated'

2013-05-16T09:58:00

Our listeners know Porter has always argued "Peak Oil" – the idea that U.S. oil production was in permanent decline – is a farce… He's written more about it than any other analyst we know.

"I've written many times over the past decade that I consider Peak Oil to be one of the greatest intellectual frauds ever perpetrated."

So we're not surprised Forbes mentioned Porter's arguments in an article about Peak Oil. You can read the Forbes article here.

Stewart Destroys Obama Over IRS Scandal, “You’ve Vindicated Conspiracy Theorists”

2013-05-14T16:28:00

Jon Stewart mercilessly tore into the Obama administration tonight over the revelation that the Internal Revenue Service specifically targeted Tea Party groups for scrutiny.

Stewart slammed the government’s lack of “managerial competence” and said that thanks to this scandal, conspiracy theorists how have a level of vindication they’ve never had before.

Poor Henry: One Man's Devastating Loss... and How to Avoid It Yourself

2013-05-13T11:19:00

It's a carnival game. Everybody knows you're not supposed to win. Right? Well, no. Not everybody...

Enter 30-year-old Henry Gribbohm, a tough-looking, tattooed young man with a toddler to care for and $2,600 in cash burning holes in the pockets of his dusty work pants.

Don't miss an episode of the best investment advice and financial news available anywhere.

Click here to join Stansberry Radio Premium.

Robin Williams - On Wall Street Junkies

2013-05-10T15:10:00

If you’ve never seen this interview it’s worth the 3 minutes. This is from late 2009 but some things just never change.

Porter Stansberry Talks Gold With Glenn Beck

2013-05-08T09:25:00

If you don't know, Porter appeared on The Glenn Beck Radio Program last week, while Beck was in Houston broadcasting live from the NRA national convention. Porter and Beck discussed gold and reasons for holding it. You can hear a recording of the segment here.

Changing the Nature of Suffrage in the U.S.

2013-04-24T09:34:00

During last Thursday's Stansberry Radio podcast, Porter expanded on a subject he's been thinking a lot about recently.

We wanted to share it with you today as we believe it's one of the most important social issues of our time.

"You can't vote unless you have some measure of equity in society. You have to prove you have a vested interest in the outcome of our economic and political system."

Equity such as:

-Armed military service
-Owning a business and employing people
-Paying a certain threshold in taxes
-Owning real estate

"This has nothing to do with race or discrimination."

"Our Founding Fathers in America were terrified about unlimited democracy because they knew it was nothing more than mob rule and mob rule would never be stable. What we're getting now is the outcome of mob rule. We're getting people who never have to pay for any of the cost of government deciding on what the benefits of government ought to be. We're allowing these people who've never had a vested interest in our country deciding who's electable by designing the congressional districts."

Porter founded The Project to Restore America to limit government sovereignty and enhance individual sovereignty by pushing for three constitutional amendments. These would be for a balanced budget, sound money, and the right for every individual to keep 80% of his or her income.

Currently, the way The Project to Restore America can further fiscal responsibility is by demanding that our lawmakers pass a common sense, responsible budget based on REAL spending cuts, not tax hikes. Wendy Bidwell from The Project to Restore America has a special message for you and an opportunity for you to put pressure on our lawmakers…

We need to let our Congressmen hear this message loud and clear: It’s time to pass a responsible budget!

The Project has created a special one-click petition that will ensure your Congressman knows where you stand in the weeks ahead. If you are with me and share our concerns about the collapsing monetary system, then click here to sign our one-click petition.

As individuals we may be helpless to challenge the powers that be. But together we are strong enough to flood Washington with support for a return to fiscal sanity. - Wendy Bidwell, Director of The Project to Restore America

Regards,

Aaron Brabham
Co-host, Stansberry Radio

Bitcoins - Just Stop It!

2013-04-18T16:41:00

A few weeks ago Porter and Aaron had a discussion on The BitCoin. Like usual they called it exactly right.

This Bitcoin excerpt was taken from Stansberry Radio Episode 68 show where Porter sat down with Larry McDonald, a former leading Lehman Brother bond trader who worked on one of the toughest trading floors on earth.

Here’s a bit of that discussion…

Aaron Brabham: All right, Porter, I've ignored this long enough. But I've had enough feedback on it that we need to talk about it. Let's talk about the Bitcoin.

Porter Stansberry: Oh, God. Do we have to?

Aaron Brabham: Yes, this is to just please our – let's address the Bitcoin, which is the –

Porter Stansberry: So the last thing I saw like this was the Iraqi dinar.

Aaron Brabham: I'm guessing it didn't end well.

Porter Stansberry: It did not end well. So people thought, "Oh, you can get bags and bags and bags of old Iraqi money, and you pay nothing for it. And someday, sooner or later, it'll come back. Yeah, except for you were buying the expired dinar, not the new dinar.

Aaron Brabham: Fools.

Porter Stansberry: Because this is just such madness, I can't even talk about it, it's so crazy. So the Bitcoin is some digital currency run by whom?

Aaron Brabham: It was actually established by the guy, who now they can't find anywhere in the world, who has completely gone off the map. That's warning sign number one.

Porter Stansberry: So the guy you're investing in can't be found.

Aaron Brabham: Not good.

Porter Stansberry: Time to sell.

Aaron Brabham: Signs of the top. Bitcoin's going to end poorly, guarantee it.

Porter Stansberry: I want a real listener to e mail us or call us that has put actual money into Bitcoin. We want to talk about your experience. We want to know where your head is at. I promise to be polite and kind. I just want to know what the other side of the trade is thinking.

Aaron Brabham: All right, let's do that.

Porter Stansberry: And then we got to find a way to short it. [Laughter].

Aaron Brabham: Feedback@stansberryradio. That's what I'd like to know.

Porter Stansberry: But you can't 'cause it's nothing.

Today Aaron and Porter re-visit the Bitcoin fiasco after the cash.

Plus Porter’s gold update and if you’re interested in getting access to all our Premium Segments just click here for more information.

Regards,

Aaron Brabham, Co-Host

Stansberry Radio

The Best Guest Ever

2013-04-05T14:33:00

Dear Stansberry Radio Listener,

I hope you had a chance to listen to last week’s interview with one of our best guests ever on Stansberry Radio, James Altucher.

Porter and James have a lively discussion about the failings of our college education system. As you’ve probably heard, we believe most college degrees are a complete waste of money. James agrees.

If there’s one suggestion we can make to our younger listeners, it’s to learn how to sell... In case you missed the show, here’s an excerpt:

James Altucher: College is actually a travesty.

Porter Stansberry: I agree. I was always a bookworm. I actually liked college. I liked going to class. I liked learning, and what’s funny is that college is a terrible environment to do that, because you get surrounded by a bunch of kids that just want to drink and party, and, of course, that’s also fun, so it’s just a big distraction, whereas now, today, you can go to college online. Have you seen these new things like where Stanford was putting up their curriculum for free online? If you want to learn something, you can learn it for free.

Porter Stansberry: And James, I know you’ll agree with this. What do you think is more valuable in terms of its economic return? Do you think a degree in English literature is a good way to spend four years of your time? Again, if you’re interested in making money and if you want to educate yourself, I agree, you should. But, I’m saying in terms of return on your investment, is four years spent studying English literature worth more to you than four years learning how to sell shoes at Nordstrom’s?

James Altucher: Well, absolutely, selling is the most important skillset for making money, and it’s the one skillset that you never, ever learn in college. In fact, you learn it’s a bad word in college. It’s called “selling out” when you learn it in college. You don’t actually learn selling. You learn that selling is somehow some sort of sin if you learn how to do it.

Porter Stansberry: It’s crazy.

James Altucher: And English literature, if I’m interested in reading – which, by the way, I’m a bookworm as well; I read two or three hours a day at least – I don’t need to pay $200,000.00 for some bad teachers so that I could read. I could just go to the library for free and read. So again, I don’t know what the only purpose of college is the myth and scam of accreditation. Everybody thinks they need to be certified to do something of that they need to be chosen by someone else, but the reality is that in today’s economy, you have to choose yourself, because nobody else is willing to choose you. It’s every man for himself right now, for better or for worse. I’m not saying this is good or bad. I’m saying this is what you have to do.

Porter Stansberry: Out of the guys that you run around with in Manhattan, how many of these top hedge-fund guys have MBAs or Harvard MBAs? I mean, not many.

James Altucher: No, not many, hardly any. I’ll tell you what they’re good at. They’re good at poker. They’re good at selling their services,– they’re massive salesmen. They know how to sell themselves very well, and they know how to get a good deal for themselves. They know how to negotiate. They know how to hunt it out for bargains, and they’re not stupid.

James Altucher: Let me tell you a very quick story. So, my first job out of graduate school was doing computer programming at HBO, the television channel, so I went to undergrad for computer programming. I went to grad school for computer science. I get to the job and the first thing they had to do... they had to send me to a class for remedial programming because I had absolutely no skills, [laughter] but I had $70,000.00 in debt... .

Regards,

Aaron Brabham

Co-Host Stansberry Radio

Ps. If you’d missed this episode just click here to listen to the entire show. It’s bound to be a classic.

A Much Better Inflation Hedge Than Gold Stocks

2013-04-03T11:38:00

Dear Stansberry Radio Listener,

If you’ve been a Stansberry Radio listener for a while, you’ve heard terms like “capital efficient businesses” and “economic goodwill” used during our podcasts. But what do they actually mean? Porter explained these investment terms recently in Daily Wealth, one of our free daily e-letters.

Enjoy the article.

By Porter Stansberry

Wednesday, March 27, 2013

When it comes to managing inflation, most analysts (including some of mine) will tell you to buy gold stocks and other companies that own hard assets.

And yes, it’s true... those can be good stocks to own during periods of massive currency volatility. If you pick the right mining stock, you could do well over the next several years.

On the other hand, the greatest investor of the last inflationary cycle – Warren Buffett – has never bought a gold stock.

Instead, he has focused on an entirely different group of stocks...

Buffett figured out, long before anyone else I can name, that the best way to profit from inflation wasn’t by buying hard assets or the companies that produce them... Instead, you should buy companies that don’t require any additional capital at all (or require very little).

Buffett figured out that companies that don’t require much in ongoing capital investments can simply raise their prices to combat inflation. Then, they can pay out the excess returns to shareholders. The result? Higher dividends every year.

Buffett says these companies have “economic goodwill.” I call them “capital efficient.” But it’s the same idea...

---------------------------------------------------------------------------------------

Listen to Porter as he expands on the subject of “capital efficient” companies.

And he’ll give you an example of one well-run publicly traded insurance company you’ve probably never heard of that’s doing it right.

---------------------------------------------------------------------------------------------

Most of the extremely valuable, highly capital-efficient businesses produce simple, branded consumer products that are known for consistent quality and consumer loyalty... such as Heinz ketchup... Coca-Cola’s soft drinks... McDonald’s hamburgers... and Hershey chocolate.

P.S. Over the past three years, my staff and I have performed an enormous amount of research on the disastrous coming inflation here in the U.S., which I believe will be more devastating than almost anyone imagines. I’ve put together a presentation outlining exactly what I expect to happen, why it will happen, and how you can protect yourself from it. I encourage you to take at least a few minutes to check out the facts, as this story will probably affect you. You can see my presentation here.

Regards,

Aaron Brabham

Co-Host of Stansberry Radio

Carl Icahn Does Standup Comedy

2013-03-28T09:21:00

In yesterday's interview with James Altucher, Porter mentioned that Carl Icahn does great standup. James had never heard it and neither had I so immediately I googled it.

You’ve got to hear it...

Sjuggerud: Still buying at today's market levels

2013-03-19T09:42:00

In yesterday’s DailyWealth, Dr. Steve Sjuggerud explained why you should still be bullish at today’s levels:

Stocks are NOT near a peak now – far from it. Based on 100 years of history, instead of selling, you actually want to buy stocks now.

That’s because, after stocks have a good quarter, they normally have a fantastic NEXT 12 months.

The first quarter of this year has been fantastic. Stocks are up by double digits, percentage-wise – up 11% year-to-date. It is the best first quarter since the 11% gain in the first quarter of 1998 and the 11% gain in the first quarter of 1991.

Based on history, the next 12 months should be pretty darn good for stocks...

I used our True Wealth Systems database to look back at 100 years of data. Here’s what I found:

If you’d bought the stock market (the Dow) any time the index rose 10% or more in any quarter, stocks rose 9.4% over the NEXT 12 months. That crushes a buy-and-hold strategy, which only returned 5.5%. (These numbers don’t include dividends.)

And if you bought the Dow after a bad quarter, you would underperform over the next 12 months.

Steve used his True Wealth Systems proprietary model for this research. If you’re not familiar, Steve employed a team of mathematicians and computer programmers to build a comprehensive program to process incredible amounts of historical financial data... And he spent nearly $1 million putting this together.

As we explained in the February 20 Digest:

For years, Steve has been working with a Ph.D. in mathematics, Dr. Richard Smith, to develop a computer program to wrangle an almost unimaginable amount of market data into useful and profitable trading systems. The goal was to provide you, our reader, with the kind of technical, proprietary data analysis large hedge funds use to consistently beat the market.

These hedge funds spend millions, even tens of millions, of dollars on the brainpower and data behind their trading systems. And they go to great lengths to ensure nobody outside the firm (in some cases, even employees at the firm) know the strategies they’re using.

At S&A... we strive to make this kind of high-quality research and analysis available to everyone. We’ve spent nearly $1 million to build a sophisticated set of proprietary programs that quantify the strategies Steve developed over his career. (We spend $200,000 a year just on data.) These systems can now scan a vast array of market data and yield buy/sell signals.

The result is a service called True Wealth Systems – a high-end trading service based on decades of Steve’s financial knowledge and Dr. Smith’s mathematical prowess. And our system tells you EXACTLY when to get in and out of a trade.

The program looks for tradable systems that would have made money reliably over decades. So far, Steve’s found three dozen of these setups.

Last month, we put Steve and his team at True Wealth Systems to the test in the Digest... We asked them to run certain scenarios and investment beliefs through the program to see if they actually held up. They covered topics like whether it is better to invest in a good economy or bad economy... or how you can beat the market by trend following. We’d encourage you to go back and read that series.

Today, Steve has submitted another essay for the Digest... In it, he scrutinizes a popular tool you’ll hear analysts use to measure how expensive stocks are. He explains why that gauge is worthless today... and for the next six years. Don’t miss his analysis at the end of today’s edition.

In case you missed it, make sure to check out last week’s episode of our weekly podcast Stansberry Radio. Porter’s guest was Gene Epstein, economics editor of Barron’s.

Barron’s is one of our favorite investment journals not published by us. And Gene is one of the few widely published columnists who openly use terms like “Ponzi scheme” when analyzing the U.S. government’s vast social welfare programs.

Gene also uses terms like “the next Greece” when writing about America’s vulnerable financial situation. In other words, he’s one of the few mainstream writers with the guts to use the terms we’ve been using for many years. We’ve confidently stated dozens of times that Social Security is the biggest and most harmful Ponzi scheme in history.

Listen to Porter and Gene’s discussion... and then let us know what you think (at feedback@stansberryradio.com). At the very least, we guarantee you’ll come away with something to think about. You can access this Stansberry Radio episode for free, right here. (When the page opens, just click the “listen” button.)

More Work to Be Done...

2013-03-15T09:19:00

President Obama spoke to a collection of wealthy donors and activists Wednesday evening at a luxury hotel near the White House. The event is called the “Founders Summit,” and it is the second major donor meeting for the president’s new fund raising group, Organizing for Action (OFA). Reporters will not be permitted to attend the speech.

Giving or raising $500,000 or more puts donors on a national advisory board for Mr. Obama’s group and the privilege of attending quarterly meetings with the president, along with other meetings at the White House. Moreover, the new cash demands on Mr. Obama’s top donors and bundlers come as many of them are angling for appointments to administration jobs or ambassadorships.

“I actually just want to govern – at least for a couple of years,” Obama said

We thought you might enjoy this video

p.s. Porter recently published a presentation explaining why and how President Obama is likely to seek a third term. Critics say Stansberry doesn’t understand the 22nd Amendment.

But the truth is... there are simple ways around this prohibition... And leftist governments around the world have used these same maneuvers to hold power...

Of course, Porter has been attacked by the liberal media... An anonymous critic even said the presentation borders on treasonous libel.

See the facts for yourself by clicking here... and then make your own decision.

Detroit – A Ghost Town in the Making

2013-03-14T08:32:00

Recently, I was reading the latest out of Detroit...

Michigan governor Rick Snyder was debating whether or not to appoint an “emergency financial manager” for Detroit... The city has lost one-quarter of its population since 2000. Tax revenues are falling off a cliff. And it amassed a $326 million deficit in 2012.

Detroit was supposed to be the great shining example of the new socialist America. When Lyndon Johnson was president, he started the Great Society program. And part of that was a project called Model Cities. The federal government doled out big block grants to several cities – including Oakland, California... Camden, New Jersey... and Detroit... These cities were, of course, all led by democratic politicians. And these politicians were empowered to reorganize the cities. The first and largest expenditure was Detroit (about $100 million). The effort began in 1966.

The 1967 riots that destroyed the center of Detroit and resulted in the National Guard being deployed occurred right in the center of the “model city.” The first thing all this public money did was enable a bunch of people to stop working and stay up all night drinking and gambling... It turns out those folks don’t like their gambling parlors to be raided by the police. When the police did enter, it sparked a huge riot. Lots of people were killed and lots of businesses were burned down.

Even then, the politicians in Detroit were reluctant to do anything to stop it because they thought it would make things worse. So it burned out of control for around a week before the National Guard arrived.

This was the start of Detroit’s decline. And it just got worse from there. After the riots... the car companies put up another $400 million. And that money was also wasted...

Well today we just received some additional news on how bad it’s really gotten in Detroit

Detroit’s Former Democratic Mayor Convicted of Racketeering, Extortion...

From the Detroit Free Press – March 12, 2013

Former Detroit Mayor Kwame Kilpatrick and his longtime contractor friend Bobby Ferguson were convicted of racketeering and extortion Monday, marking an end to a more than decade-long public corruption investigation.

Kilpatrick was convicted on 24 of 30 counts, including five counts of extortion, racketeering, bribery and several mail, wire and tax fraud charges. On three counts, he was found not guilty, and on three no verdict was reached.

Ferguson was found guilty on nine of 11 counts, including racketeering and several counts of extortion. He was found not guilty on one count. No verdict was reached on another.

Bernard Kilpatrick, the former mayor’s father, was convicted on one of four counts -- a tax charge. There was no verdict for him on the racketeering charge, and he was found not guilty on two other charges:

The defendants were accused of, among other things, shaking down contractors and rigging bids to help steer lucrative contracts to Ferguson. Prosecutors said the philosophy of the enterprise was simple: If you wanted work in the City of Detroit, you either had to hire Ferguson or, in some cases, hire the mayor’s father as a consultant.

Detroit has been a dead man standing for at least 10 years. None of this is new, nor should it be news to anyone.

For more on Porter’s take on Detroit listen to his latest itunes podcast here

Dow Hits Record High - But That's Not The Real Story

2013-03-05T14:25:00

It took more than five years, but the Dow has finally hit a new interday high.Now we should really start to worry.

From our friends at Zerohedge...Take a look at some of these comparisons and "just make sure to sell ahead of everyone else".

October 11th 2007, the last time stocks were here...Dow Jones Industrial Average: Then 14164.5; Now 14164.5

Regular Gas Price: Then $2.75; Now $3.73
GDP Growth: Then +2.5%; Now +1.6%
Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
Americans On Food Stamps: Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
Consumer Confidence: Then 99.5; Now 69.6
10 Year Treasury Yield: Then 4.64%; Now 1.89%
Gold: Then $748; Now $1583
NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

The Insanity of Health Care Costs

2013-02-28T15:16:00

On the second Black Label Show Porter discusses the insanity of inconsistent costs of health care. This video was sent to us from a listener. We can only hope other doctors will follow suit.

2012 Stansberry Radio Scumbag Bracket

2012-12-27T10:47:00

Get your Scumbag of the Year bracket here.

Send your picks to feedback@stansberryradio.com!

Go After Former Fannie CEO

2012-11-25T14:40:00

Troubleshooting Stansberry Radio Premium

2012-11-16T17:06:00

We've received lots of feedback about our new Premium product. Here are the answers to some common questions we've been receiving:

How can I access the weekly Premium segments?

Let's use the latest episode with Robert Greene as an example. When you click that episode, you’ll be taken to the “Episode Page.” Click here to see a photo for how that page looks. Also make note of the circled “Premium” segment tab. Subscribers have to click that tab to listen to the Premium segment.

How come there are no Premium segments for older podcasts?

This is because we just launched the paid radio product last week. The only show with a Premium segment so far is “Ep 48: Following the Path to Mastery.” Every show moving forward will have a Premium segment.

When can I listen to the Bonus Monthly Episode and Black Label shows?

Here is a breakdown of the Stansberry Radio Premium schedule:

1) Every week, there is a Premium SEGMENT. People can access that through the regular weekly episode (explained above).

2) Once a month (starting in December), there will be a “Premium EPISODE” on a special business topic. You will see the first Premium EPISODE sometime in December.

3) Once a month (starting in January), there will be a Black Label EPISODE. You will see the first Black Label EPISODE sometime in January.

Listener Demands Apology from Porter on Cocaine

2012-11-16T14:39:00

STANSBERRY VS. GINGRICH: ABC News Has It All Mixed Up

2012-11-01T21:55:00

Porter Stansberry got some press after ABC News printed a piece saying a Stansberry & Associates Investment Research promotion was accidentally sent to a Newt Gingrich e-mail list.

One problem though: it wasn't an accident, as confirmed by the Director of Online Marketing at Stansberry Research. Porter and his firm have been grossly misrepresented by Human Events and ABC News. A formal press release will be coming soon to address this issue.

Listen to the Stansberry Radio podcast next week to hear Porter and Aaron's rebuttal!

Why There Are No New Jobs In America

2012-11-01T21:27:00

Porter's new video is out! Enjoy!!

Here's How You Can Download The Porter Stansberry Laughing Ringtone!

2012-10-28T19:09:00

The Porter Laughing ringtone is out! Here are instructions to

download it:

1) Must have an iPhone and have iTunes app.

2) Must be in North America, Asia, Australia, New Zealand, the UK, or EU

3) Go to the iTunes app on your iPhone

4) Search for Porter Stansberry

5) Scroll down to the Ringtone section

6) Download “Porter Stansberry’s Laugh”

7) Pay $1.29 via credit card

How to get a hot girl

2012-10-28T14:42:00

You Guys are Pansies

2012-10-18T14:43:00

Dr. Leonardo Maugeri's Oil Report

2012-10-18T13:52:00

You heard Dr. Leonardo Maugeri on this week's show... Click here to get his breakthrough oil report.

Beware of the Banker Girlfriends

2012-10-17T12:16:00

Two former girlfriends of an investment banker are accused of illegally trading on tips about an acquisition. The banker made sure to keep the women a secret from one another.

"Two girlfriends of former Mizuho International Plc investment banker Thomas Ammann reaped returns of more than 2 million pounds ($3.2 million) trading on illegal tips about Canon Inc. (7751)’s acquisition of OCE NV, prosecutors said. Christina Weckwerth took in nearly 2 million pounds after investing 1 million euros ($1.3 million) before the deal in 2009, Amanda Pinto, a lawyer for the U.K. Financial Services Authority, said in opening arguments at a London criminal court today. Jessica Mang, a British chiropractor, made 65,000 pounds on a 39,000-pound stake. These two women managed to almost double their money by trading on just one stock,” Pinto told the jury. “Each of the girlfriends considered Thomas Ammann to be their boyfriend, and neither knew of the other.” [Bloomberg]

Disrespected Paul Graig Roberts

2012-10-16T14:44:00

Youngster spreads the love

2012-10-15T14:45:00

Rich Dad, Bankrupt Dad

2012-10-11T10:05:00

Robert Kiyosaki, the creator of the Rich Dad series, has filed his company for bankruptcy in a strategic move to weather a lost lawsuit. Kiyosaki is personally worth more than $80 million and is not putting any personal assets toward the judgment.

Florida Mogul Urges Employees To Vote Romney So They Can Keep Their Jobs

2012-10-10T10:59:00

David Siegel isn't an Obama fan, and he's not shy in speaking publicly about it. The Westgate Resorts founder sent a letter to his employees, stating the impact the President has had on his business.

"Four years ago when Obama got elected we were doing a billion dollars a year in sales with 12,000 employees. As a result of the last four years, we are down to 7,000… We're still a viable company, but if they start taking money out of my pocket with higher taxes and ObamaCare, there's going to be less money to build resorts... I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about. Signed, your boss." [Orlando Sentinel]

Weiss Ratings Report On The Strongest Banks

2012-10-10T10:55:00

If you listened to Stansberry Radio last week, you heard Dr. Martin Weiss mention that he'd send our listeners a free report.

Our friends at Weiss Research followed through on their promise. You can now get the report here.

Romney Wants To Bring Down Sesame Street Before Reforming Wall Street

2012-10-10T09:53:00

The Obama camp is nitpicking now! And Sesame Street isn't too happy, already voicing their disapproval publicly. Here's the ad:

Bernanke Thinks Washington Should Take Notes From Its Baseball Team

2012-10-08T12:59:00

Ben Bernanke wrote an op-ed in the Wall Street Journal, saying that Washington should take notes from the Washington Nationals baseball team. Bernanke said the Nationals used advanced analytics to make personnel and playing decisions. [WSJ]

Child Rapper Turned Bankrupt Adult?

2012-10-08T12:55:00

Rapper Lil Bow Wow is little no more. The former child star went in front of a child support judge and said he makes only $4,000 a month. A creditor has been chasing him for years to get him to pay for a Ferrari he’s been leasing for four years. [FOX 23 Oklahoma]

Pablo Critiques Porter's Debating Style

2012-10-05T12:12:00

FROM PORTER STANSBERRY: A Few Words About Monsanto

2012-10-05T12:04:00

I'd like to take a moment to write about Monsanto... a stock recommended in my newsletter, Stansberry's Investment Advisory, and one that has a uniquely bad reputation among some of our readers.

For those of you new to the story, Monsanto is the world's leading producer of GMO seeds – genetically-modified organisms. The company speeds up the evolutionary process by applying genetic engineering to seeds. It says the resulting foods are better than their naturally occurring rivals in important ways.

When we recommended the stock back in November, we inadvertently kicked a big hornet's nest. A sizeable industry exists to oppose GMO seeds. Many people who wrote to us went so far as to suggest they believe Monsanto is intentionally poisoning the world's food supply in an attempt to engineer a massive holocaust.

I can't recall ever receiving so many angry – and even disturbed – e-mails about any other topic. (Not even when Dan insulted the Catholic priesthood...)

Here's a brief sample of the hundreds of angry letters we've received...

I have never been so angry and appalled... Monsanto is The most treacherous, selfish and ultimately without-scruples-or-morals corporation in America. Do you have any idea how many farmers they have ground into the dust and destroyed with their self-serving corporate policies? Are you a paid crony FOR Monsanto? This is VERY suspect. Your last email rebuttal against the person raising concerns about Monsanto sounds like it was written BY Monsanto. Lets see if you publish this! Farmers are not "flocking" to their products! They have been systematically FORCED to use there products or face lawsuits and loss of there family farms.

For the love of God pull your head out and take a look. Just go to you tube and take a look. The truth is there – you won't find it in the mainstream media or in Monsanto's PR bullshit. You of all groups should Know better. I am appalled. Standing up for Monsanto is no different than standing up for JP Morgan. Get a clue! Either publish a confession of the true and morbid facts about Monsanto, or some kind of retraction within the next 30 days or I will cancel my subscription. I know many, many others on my email list alone who would do the same.

GMO food is a crime against humanity! Jesse Ventura did a show on the Bilderberg group wanting to cut down on the world population. A friend told me he woke up one night in 1992 at 2am and that was the discussion being had on national TV. There are powerful people that want to cut down on the population as they feel we are putting to much pressure on the worlds resources...

Not all the people who wrote letters about Monsanto were full of piss and vinegar. Some thoughtful people sent sincere letters merely to caution us that our knowledge of the company's technology seemed incomplete. For example, paid-up subscriber Dr. Gregory Rodgers (MD) wrote:

I am a recent Alliance member and a long time subscriber. Your company, its writers and specifically you have influenced me greatly on investing and true free market principals. It was with much dismay that I saw your most recent recommendation was Monsanto in the most recent issue of your newsletter.

Reading your body of work over the past several years, I get a general sense of the man you are and the values you hold. To state it simply, you are a patriot and a freedom lover. So how in the hell do you justify having your subscribers buy Monsanto? It may be profitable but to support Monsanto with a BUY recommendation is like imaging Ron Paul on the board of IG Farben in the 1930s era. It just does not compute.

Now I recognize trading Monsanto stock, or derivatives of it, is likely to be profitable and that you have a duty to your clients to make research recommendations that will make them money. I also get that buying shares of Monsanto in the secondary market, no money goes directly to Monsanto, however the increased share demand does influence the share price and sends a message to the corporate leadership that the market tacitly approves of their attack on our food supply, our farmers and our health. I also get that a company is not and cannot be evil but only reflect the underlying characteristics of the men and women that steer the corporation.

We appreciate notes like these. As we are fond of saying, "God does not whisper in our ear." We do not know everything and are always willing to learn. So when we first saw these notes flooding our mailbox several weeks ago, we printed some of them and asked for Monsanto's critics to provide us with the data... We wanted to see scientific studies proving Monsanto's products are harmful or dangerous. By "scientific" we mean independently produced studies, conducted on a double-blind basis, that are repeatable. We didn't get any. Not one.

As Warren Buffett has mentioned over the years, when you tell people you're in the market for a poodle, people will send you lots of cocker spaniels. And so in reply to our request, we got dozens of references to the same three "scientific" sources: a website called Mercola, a book called Seeds of Destruction, and various YouTube videos by the author of Seeds of Destruction, Alex Smith, who seems to have built a successful promotional company around his thesis that Monsanto is evil.

All these materials suggest foods made from genetically-modified seeds or hormones are extremely dangerous and cause allergies, infertility, infant mortality, immune dysfunction, and even death. These are serious allegations, and we haven't ignored them. Let us be perfectly clear: We remain willing to review any evidence that these allegations are true. But to date, we've gotten only "cocker spaniels" – no poodles. We have yet to see any evidence that any of the anti-Monsanto allegations are true. That doesn't seem to matter to the anti-GMO crowd, which appears built around the promotion of fear in an effort to sell books and videos. (And yes, as publishers we certainly know a little about how that works...)

But what about the science? Well, Europe has banned most GMO foods and seeds. Various European governments have spent hundreds of millions of dollars on research, conducted by dozens and dozens of independently organized and managed scientists, most of which had a bias against Monsanto, as an American company. Surely the Europeans found something truly dangerous about GMO seeds?

In December, the European Commission, the executive branch of the European Union, published a book that collected and summarized ALL the GMO research commissioned by the European Union since 1982. The book presents 25 years of research, involving more than 500 independent research groups working on grants totaling more than $300 million. This is the most comprehensive publication ever produced on the safety of GMO foods. The most restrictive government in the world on GMO issues published it. And none of this funding came from Monsanto, which is widely hated in Europe. According to this book: There is, as of today, no scientific evidence associating GMOs with higher risks for the environment or for food and feed safety than conventional plants and organisms.

If you want to read the entire book, you can get a free copy. It's 268 pages long. Please read it before you send us another angry letter.

Does this mean Monsanto's products are definitively safe? No, of course not. They may yet be proven dangerous. New technologies always involve unknown risks. For example, even if Monsanto's seeds are safe, if every farmer begins to use Monsanto seeds, there could be a problem from the resulting lack of genetic diversity, which might cause our food supplies to be dangerously vulnerable to disease. These kinds of risk are still unknown. On the other hand, you can't forget the food supply faces known risks if we don't use high-tech seeds – like a worldwide food shortage if crop yields decrease.

Regardless of what we say on this matter, once someone has made up his mind about something as new and complex as genetically modified seeds, there's almost no chance additional facts are going to change his mind. On the other hand, we have always been compelled to compile evidence for our beliefs. We also have always been willing to change our minds when we encounter new evidence. We remain so on this issue. We hope that if you disagree with us, you'll at least respect our willingness to consider all of the information that becomes available.

One final note on this matter. You might wonder if we got any letters in support of Monsanto's products. We did... and from a surprising source – farmers. Yes, that's right. While hundreds of subscribers have claimed that Monsanto is evil and "enslaves" farmers, the farmers who read our newsletters wrote in to say nearly exactly the opposite. Two examples are below:

You are right on in your response to the criticism of GMO technology in crops and seed production. If we did not have the development of GMO, food prices would be much higher and starvation in the world would be much more widespread. I know many depict Monsanto as the "evil empire" and as I farmer, I do not like their over priced tech fees, but the reality is that they are the leading edge in preventing run-away food prices in the world. If all producers were forced to go "organic" we could not feed the world. I have organic farming neighbors, and know for a fact that their crops produce from 50% to 75% of what conventional farming produces next door. Reduce production by 25% and you would have world-wide rioting for food. Furthermore, no science has ever shown that GMO food performs or reacts any different in the human body than organic produced food. A lifelong agricultural producer and steward of the soil. – Paid-up subscriber Roger Aberle

I'm a farmer/rancher in Montana. I certainly agree with Porter Stansberry's position on Monsanto seeds. A major part of their seed offerings are "Roundup Ready" seeds. The desired plants that grow from their seeds can be sprayed with Roundup, without any damage, while the Roundup kills the weeds. If Roundup wasn't used in this kind of seeding, the farmer would likely use 3 or 4 other herbicides, and not end up with fields so clean. Much better product, easier to use, and increases desired crop production. Beyond that, Roundup is a systemic herbicide that must be taken up through the entire plant to kill that plant. Once it hits the ground, it's essentially an inert substance, harmless to anything, I do believe. – Paid-up subscriber TMC

Regards,

Porter Stansberry

A New And Easy Way To Get Rich Quickly

2012-10-05T11:39:00

Rat out your employer!

This week, more Wall Streeters netted hard cash from the IRS for turning in their bosses and revealing schemes.

"A tax whistleblower received a $2 million reward from the U.S. Internal Revenue Service for his role uncovering an alleged multimillion-dollar tax-avoidance scheme attempted by Illinois Tool Works Inc in the late 1990s... The informant, a Wall Street banker who remained anonymous to protect his career, previously received two other million-dollar payouts from the IRS..." [Huffington Post]

Want To Get Promoted? Go Bald

2012-10-04T10:31:00

Apparently being bare up top will get men what they want... and make them look younger!

"Men with shaved heads are perceived to be more masculine, dominant and, in some cases, to have greater leadership potential than those with longer locks or with thinning hair, according to a recent study out of the University of Pennsylvania's Wharton School." [WSJ]

Mitt Romney Style

2012-10-03T16:11:00

Last week we shared Samuel L. Jackson's ad for Obama. Here's another entertaining one on Romney! Enjoy!!!

CollegeHumor’s Favorite Funny Videos

Lottery Winner Who Used Food Stamps Dies Of Overdose

2012-10-01T11:54:00

Another story of how money corrupts. Despite winning nearly a million dollars, Amanda Clayton still collected $200 in food stamps.

"Police say a Detroit-area woman who collected welfare benefits despite winning a $735,000 lottery prize has died of a possible drug overdose." [Huffington Post]

Judge Says Scottie Pippen Was Not Defamed For Media Saying He Was Bankrupt

2012-10-01T11:15:00

Whether it was true or not, Scottie Pippen went after the media like he did chasing after six NBA rings... suing them for at least $1 million each, stating the he was not bankrupt.

Want to prove the critics wrong? Show the bank statements!

We hope Mitt Romney's paying attention. He could learn a lesson or two here.

"Scottie Pippen is not bankrupt -- but according to a federal judge, he cannot sue anyone that said he was. But a federal judge in Illinois dismissed the case this week, claiming the comments about Pippen's personal finances DO NOT count as defamation. As a result, Pippen was awarded nothing." [TMZ]

Quote of the Day

2012-10-01T10:11:00

http://saberpoint.blogspot.com/2012/08/thomas-sowell-on-greed.html

Obama Wants To Bring Down Bank of America Small Business Lending VP For His Bad Call On Monday Night Football

2012-09-28T12:06:00

Obama should be a Commissioner of sports...not President of the U.S.

Poor banker... maybe Bank of America should have more restrictions on their employees?

"Lance Easley, the National Football League referee at the center of a touchdown call criticized by President Barack Obama and others, is a vice president of small business banking at Bank of America Corp. in California, according to American Banker... Part of a group of replacement officials that the NFL is using during the lockout of its normal crews, Easley was in the end zone on Sept. 24 when Seattle Seahawks wide receiver Golden Tate was awarded a game-winning touchdown catch that appeared to be first intercepted by Green Bay Packers defensive back M.D. Jennings. Easley was the first to signal touchdown, which was upheld on video review...Obama, who labeled it a “terrible” decision, called for a settlement in the labor dispute between the league and Referees Association." [Bloomberg]

Samuel L. Jackson Comes Out With Witty And Humorous Obama Ad

2012-09-28T10:06:00

For all the Dr. Seuss lovers out there... Samuel L. tries his best play on words.

WARNING: There is profanity.

Listener Jane Blasts Porter!

2012-09-27T16:11:00

Shocking News About Corporations Taking Your Taxes!

2012-09-24T17:04:00

You won't want to miss out on this eye-opening report!

http://blogs.reuters.com/david-cay-johnston/2012/04/12/taxed-by-the-boss/

First Episode of Weekly Radio Crux

2012-09-24T10:26:00

The Stansberry Radio Network is creating a new product! Every week, the Weekly Radio Crux will synthesize all the hottest topics on the airwaves and bring them to you in a short audio report. If you love listening to financial podcasts but just can't find the time to listen to them all, the Weekly Radio Crux is for you.

This week's episode covers some "must-hear" insight on QE3, why Obama is singling out one big Wall Street bank, what's happening on Occupy Wall Street's first anniversary, some incredible facts about the iPhone 5, and more.

Click here to listen now.

Obama Has Been Stealing From The Middle Class, So Now Men Steal From Him

2012-09-24T10:06:00

Two men were charged with stealing $50,000 from President Barack Obama's campaign. [Chicago Sun Times]

Ann Coulter Thinks Dems Are Hurting Blacks for Hispanics

2012-09-24T09:58:00

Ann Coulter has evidence that Democrats have neglected the black population for Hispanics and Latinos. Coulter told ABC’s George Stephanopoulos that feminists, LGBT activists and immigrants are stealing the spotlight from blacks. [Bayou Buzz]

How Do The Rich Get Away With Not Paying Taxes?

2012-09-20T11:31:00

Mitt Romney takes a ton of heat for his offshore accounts... turns out, 7,000 millionaires didn't pay income taxes last year. Are you surprised by this number?

Mitt Romney Gave Up Billions To Be A Public Servant

2012-09-20T09:50:00

Love him or hate him, you can't argue with Romney for not having a heart. Would you have turned down the money for POLITICS?

"While private-equity peers Stephen Schwarzman, Henry Kravis and David Bonderman have each accrued a 10-figure net worth, the Republican presidential nominee missed out on his industry’s most lucrative era, a decade when he managed the Winter

Olympics, served as governor of Massachusetts and ran for president. Had he stayed at Bain Capital LLC, he’d be worth more than $1 billion, according to the Bloomberg Billionaires Index." [Bloomberg]

Bill Gates Back On Top As World's Richest Man

2012-09-20T09:44:00

Warren Buffett slipped a spot, and hedge fund manager John Paulson slipped several to number 28 with $11 billion. [Forbes]

Dr. Ron Leaves This Riveting Message on our Government

2012-09-17T13:14:00

Stansberry Radio Listeners Name Their Dog After Porter

2012-09-16T13:15:00

The Stansberry Radio team never thought it would say this, but Porter is a cutie!

Take a look at this loyal listener's dog. She and her husband named it after their favorite radio host, Porter Stansberry!!!

"We LOVE the show... so much that we named our new puppy after Porter. He is a mix of Australian Shepherd, German Shepherd and Border Collie... We thought about naming him Aaron, but it just didn't seem to fit. : )... We hope you take it as a compliment!" - Kim N. (who happens to be Arbitron #29)

Homeland Security Doesn't Have These Big Vehicles For No Reason

2012-09-13T13:14:00

Looks like the government is at it again...this time, with these insanely large vehicles.

What they could be used for?

Looks like Obama does have some business sense

2012-09-12T12:55:00

Interesting piece on how Obama accumulated his wealth:

"In his 2004 financial statements, President Obama indicated that he had three sources of income. One was an $80,287 salary from the Illinois Senate, where he was a state senator. The other was a $32,144 salary from the University of Chicago Law School, where he taught as a lecturer while he was in the statehouse. The third was Michelle Obama’s salary from the University of Chicago Hospitals, where she was an administrator. The Obamas had investments in three different assets in 2004: First was the Illinois State Senate Pension Fund, which Obama listed as worth something between $50,000 and $100,000, and the other two were investments in funds with Vanguard, the investment management company. President Obama evaluated his investments in Vanguard Wellington Fund to be worth between $100,000 and $200,000. The Wellington Fund consists of around 60 to 70 percent stocks and 30 percent to 40 percent bonds and is essentially a fundamental mutual fund. The Obamas also had $50,000 to $100,000 invested in the Vanguard Wellesley Fund. The Wellington Fund is more bond-heavy than most balanced funds, with exposure to around two-thirds bonds to one-third stocks."

Nobody's Watching Hockey These Days, So Maybe Private Equity Can Come to the Rescue!

2012-09-12T11:19:00

You should know by now that we love sports at Stansberry Radio. If you're a hockey fan and you have an opinion on this question, please feel free to call-in and leave us your thoughts at 1-855-SA-RADIO.

Read article here.

New iPhone could boost U.S. GDP by up to 0.5 percent

2012-09-11T12:23:00

"The next generation iPhone 5, which Apple Inc. plans to release this week, could not only boost the tech giant's bottom line - but could give a significant boost to the overall U.S. economy. Sales of the new iPhone could add between a quarter and a half percentage point to fourth quarter annualized growth in the U.S., according to J.P. Morgan's chief economist, Michael Feroli in a note to clients on Monday." [Reuters]

Stansberry Radio Supports This Young Man And His Video!!!

2012-09-11T10:20:00

"In another shocking example of how the federal government is repositioning itself as a secret police force to target political dissidents, a 16-year-old boy was questioned by FBI agents over a YouTube video he created for a school project which highlighted how America was slipping into a police state...The video touches on a number of issues, including the National Defense Authorization Act, evidence suggesting the Republican caucus in Maine was fixed to disenfranchise Ron Paul, the hacktivist group Anonymous, military drills taking place in American cities, as well as eviscerations of the right to free speech." [InfoWars]

Latest Stansberry Radio Episode Featured on Yahoo News!

2012-09-11T09:27:00

Read it here.

The Only Kudos Tim Geithner Will Get From Stansberry Radio

2012-09-10T17:39:00

He completed the triathlon. [NYT]

Listener Joe Calls Out Aaron!

2012-09-07T14:19:00

Tongue-Twisting Question

2012-09-07T14:14:00

Are Democrats Really This Stupid?

2012-09-06T16:58:00

Peter Schiff went undercover as an anti-business crusader, and he found a number of DNC delegates and attendees who support explicitly outlawing profitability.

You don't want to miss this video!

NFL Star Tells Blacks Not To Vote For Obama

2012-09-06T16:46:00

C.L. Bryant isn't the only African-American who's voting for Romney. Looks like this could be a trend in the making!

"'We are going to have to have black ministers stand up once again,' he said. 'Unfortunately, I have been a little disappointed that we have issues out there like traditional marriage, abortion, school education, and we have so much silence from the black community, from black preachers, because they understand first hand the impact of all that. We can no longer support those who are against the faith.'"

Owens said social welfare programs promoted by the Democratic Party have created a government dependency within black communities to the detriment of the family and economic progress. The progressive policies of the Democratic Party, he said, have created a culture of “defeat, breakdown, failure and collapse” in the African-American community, where abortion has taken the lives of 13 million black babies since 1973, an average of 325,000 deaths each year. Owens has rejected “War on Poverty” government dependency in favor of the principles of our Founding Fathers." [WND]

Famous Black Republicans

2012-09-06T12:09:00

You heard C.L. Bryant on Porter's show this week. C.L. is a renegade. A former President of an NAACP chapter, he's given up his liberal roots and now espouses the principles of freedom. Is he a Republican? We didn't ask, but he's definitely not a Democrat.

Here's a list of famous black Republicans.

Any names surprise you? We'd love to hear your thoughts via e-mail or by dialing 1-855-SA-RADIO.

Stansberry Radio Episode with Heritage Foundation's Ed Feulner Makes Yahoo Finance!

2012-09-04T20:24:00

Arbitron numbers just went up...Yahoo! Finance picked up on the show!

Read about it here: finance.yahoo.com/news/stansberry-radio-interviews-heritage-foundation-213906750.html

Making Movies on Wall Street Corruption is the New Fad

2012-09-04T12:08:00

Seems like there's one coming out every month. Here are reviews of the TWO latest.

PRESIDENT VS. FED: Who has more control over jobs?

2012-09-04T11:54:00

All this chatter about job creation...the New York Times breaks down who holds more influence over the economy. Click here to read, and let us know your thoughts via e-mail or dialing our hotline, 1-855-SA-RADIO.

Aaron Brabham at the Baltimore Grand Prix

2012-09-01T17:35:00

Here is your favorite host, standing next to our favorite car: the Chevy Volt! NOT!!!

Media Exec Announces Layoffs via Facebook

2012-08-29T09:53:00

"RealNetworks, an online media pioneer that is trying to turn itself around, told employees on Tuesday that it would lay off 14 percent of them, or about 160 people over the next seven months, starting with 80 right away. Instead of trying to keep his e-mail to the staff a secret, though, Rob Glaser, the founder of RealNetworks and its interim chief executive, cut and pasted it onto his Facebook page." [NY Times]

Is this the new normal?

Ann Coulter: "Single Women Look to the Government to Be Their Husbands"

2012-08-27T13:34:00

Ann Coulter recently told FOX News, "...single women look to the government to be their husbands and give them, you know, prenatal care, and preschool care, and kindergarten care, and school lunches. These are not programs designed to appeal to Bruce Willis.”

What do our loyal female listeners have to say about Coulter's comments? We'd love to hear your thoughts on our hotline: 1-855-SA-RADIO. That's 1-855-727-2346.

The Relationship between Banks and the Mob

2012-08-27T13:05:00

Great article in the New York Times on the history of mobs...and how corporations help them.

Heritage Foundation President Ed Feulner Joins Stansberry Radio This Week!

2012-08-27T11:30:00

The Heritage Foundation is one of the most prominent think tanks in the world. Tune in to hear Dr. Feulner's thoughts on the upcoming election!

Ex-Soldiers Ready to Put on Political Attacks on Obama

2012-08-24T16:39:00

A former Navy SEAL Team Six Commander said the recent Special Ops assault on Obama will lead to more. Read more here.

Romney's Business Experience Taught Him What To Do When Trouble Arises

2012-08-24T10:27:00

Romney writes in the Wall Street Journal, "I'm not sure Bain Capital could have grown or turned around some of the companies we invested in had we faced today's anti-business environment."

Will people buy Lebron's shoe despite it's outrageous $315 price tag?

2012-08-21T14:14:00

Any chance Footlocker takes EBT cards?

"As unemployment ravages the working class, our lower and higher education systems shudder in crisis, and murder decimates our forgotten urban poverty zones, Nike is rolling out its first $300+ sneaker. But mom, you don't understand—it's worth it." [Gawker via WSJ]

We'd love to hear your comments on this. Dial us at 1-855-SA-RADIO or feedback@stansberryradio.com

Obama Gaining Support of Hedge Fund Managers

2012-08-21T10:38:00

It's not just athletes...Obama still has support on Wall Street.

Female Financier Admitted to Augusta National

2012-08-21T10:29:00

For the first time in its 80-year history, the Augusta National Golf Club is admitting two women. [DealBook]

We all know Aaron is a golf lover...here his thoughts on this development on the next episode of Stansberry Radio!

NBA Athletes are Part of the 1%...but They're ALL Donating to Obama

2012-08-20T13:27:00

"NBA owners, players and coaches are taking sides in the 2012 U.S. presidential election, with players and coaches favoring incumbent Democrat Barack Obama and most owners supporting Republican challenger Mitt Romney." [SheridanHoops]

Click here for full list.

Congratulations, Guy Adami!

2012-08-20T11:07:00

CNBC Fast Money panelist and Wall Street trader Guy Adami became an "Ironman" this weekend! Guy will hopefully be joining S&A Investor Radio as a guest later this year. [NYT]

KEY TO WINNING ELECTIONS: Gaining the Trust of Billionaires

2012-08-20T10:04:00

Schmoozing billionaires is a great campaign strategy this year. President Barack Obama is recognizing - apparently with some reluctance - a fund-raising reality that has come to define modern-day campaigning. [New Yorker]

Executives Say Obama Better for World Economy

2012-08-17T11:30:00

Twice as many business executives around the world say the global economy will prosper better with President Barack Obama than with Mitt Romney, according to a poll out Friday. [CNBC]

Hall of Fame Football Coach Accused of Running Ponzi Scheme

2012-08-17T11:22:00

Federal regulators have accused a Hall of Fame college football coach of running a Ponzi scheme that defrauded fellow coaches and his former players. Jim Donnan, a head coach of Marshall University and the University of Georgia during the 1990s, is accused of working with an Ohio businessman to cheat investors out of $80 million...In court filings, the agency said victims included Barry Switzer, the former Dallas Cowboys coach; Kendrell Bell, the former Pittsburgh Steelers linebacker who played for Mr. Donnan at Georgia; and Billy Gillispie, the former University of Kentucky basketball coach. [DealBook]

Dave Can't Listen Because Porter Laughs Too Loud

2012-08-17T10:46:00

Listener Challenges Porter and Frank to Poker Match

2012-08-17T10:44:00

Stansberry Radio is Featured on MarketWatch and Reuters!

2012-08-17T10:18:00

Click links to see! Thanks for all the support!!!

Market Watch 8-10-2012

Reuters 8-10-2012

Lovely Kate Shows Us Some Love!

2012-08-17T10:13:00

Cullen Roche was the Worst Guest Ever!

2012-08-17T10:11:00

Our First Female Listener

2012-08-17T10:07:00

Porter Stansberry’s Top Investment Groups to Follow

2012-08-16T17:45:00

1. Marty Whitman (Third Avenue)

2. Berkshire Hathaway

3. Southeastern Asset Management

4. Tweedy Browne

5. Oakmark

6. Pimco

7. Royce

Porter Stansberry’s Most Important Concepts to Know

2012-08-16T17:44:00

1. Intrinsic value

2. Long term free cash flow

3. Liquidity

4. Net asset value

5. Goodwill

6. Time value of money

7. Inflation

8. Corporate structures: REITs, MLPs, C-Corps, S-Corps, LLCs

9. Off-balance sheet obligations

10. Black-Sholes options pricing

11. Risk premium

12. Zero coupon bonds

13. Correlation

14. Position sizing

15. Relative return / Absolute return

16. Hedging

17. Leverage

18. Bonds: duration, yield, real return, market size, market impact

19. Long term average returns

20. Asset classes

21. Proxy fights

22. Leveraged buyout (LBO)

23. Mortgage finance

24. Convertible bonds

25. Stock options pricing

26. Warrants

27. Indexes

28. Currencies: interest rate differential & purchasing power parity

29. Gold standard

30. Trade deficit / Current account deficit

31. Earnings

32. Equity valuation

33. Trailing stop losses

34. Market efficiency

35. Conventional wisdom / contrarian strategies

36. Market timing

Porter Stansberry’s Top Alternative Sources

2012-08-16T17:41:00

1. Gartman Letter

2. Richebacher

3. Gloom, Boom and Doom

4. Daily Reckoning

5. Chris Mayer's letter, Capital & Crisis

6. Grant's Interest Rate Observer

7. Outstanding Investor Digest

8. Dow Theory Letters

9. Weber Global Opportunity

10. Ned Davis

11. ISI Daily Fax

12. David Schiff's Insurance Observer

13. 321gold.com

14. sentimentrader.com

15. Hickey's High Tech Strategist

16. Prudentbear.com

17. Doug Casey / Kitcocasey

18. Gold Analyst (Doody)

Porter Stansberry’s Top Sources to Follow

2012-08-16T17:40:00

1. WSJ

2. Forbes

3. FT

4. Economist

5. Jim Cramer's Show on CNBC

6. Yahoo! Finance

7. Barron's

8. SmartMoney

9. ValueLine

10. MotleyFool.com

11. Fortune

12. Wired

13. Harper's

14. Vanity Fair

Porter Stansberry’s Top 40 Books

2012-08-16T17:31:00

1. The Intelligent Investor, Graham
2. Market Wizards I&II, Schwager
3. Trader Vic, Sperandeo
4. A Random Walk Down Wall Street, Malkiel
5. The Mind of Wall Street, Levy
6. Extraordinary Popular Delusions, Mackay
7. Wall Street Meat, Kessler
8. Liar's Poker, Lewis
9. Moneyball, Lewis
10. When Genius Failed, Lowenstein
11. Damn Right, Lowe
12. Bull!: A History of the Boom, Mahar
13. Reckoning Day, Bonner
14. Atlas Shrugged, Rand
15. The Making of Modern Economics, Skousen
16. Modern Times, Johnson
17. Stan Weinstein's Secrets for Profiting in Bull and Bear Markets
18. Options as a Strategic Investment
19. Winning on Wall Street, Zweig
20. Devil Take the Hindmost, Chancellor
21. Buffet's annual letters (www.berkshirehathaway.com)
22. Benjamin Graham on Value Investing, Lowe
23. The New Money Masters, Train
24. What Has Worked in Investing (Tweedy Browne)
25. Paper Money, Adam Smith
26. The Law, Bastiat
27. Adventure Capitalist, Rogers
28. The Prize, Yergin
29. Fooled By Randomness, Taleb
30. Trouble With Prosperity, James Grant
31. The Great Crash, Galbraith
32. America's Great Depression, Rothbard
33. Investment Biker, Rogers
34. Barbarians at the Gate
35. Predators Ball
36. Tomorrow's Gold
37. Contrarian Investment Strategies, David Dreman
38. Hedgehogging, Barton Biggs
39. Running Money, Kessler
40. Wall Street Meat, Kessler

Cartoon of the Week

2012-08-16T17:11:00

Enjoy!

Oil, the Next Revolution

2012-08-16T17:07:00

Leonardo Maugeri is a former oil industry executive and currently a Senior Fellow for Harvard’s Belfer Center's Geopolitics of Energy Project. Maugeri has hard evidence showing an unprecedented upsurge of oil production capacity.

Bank of America Committed to Green Energy?

2012-08-16T17:05:00

The large bank claims it will spend upward of $50 billion over the next 10 years to help fight “climate change.” We think B of A has a lot more to worry about than saving the environment. What are your thoughts?