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    Hey Carol

    investigator
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    Posts : 231
    Join date : 2010-05-31

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    Post  investigator Sun Jan 23, 2011 12:50 pm

    I remembered that you subscribed to Porter Stansberry's service in the past, and I found this information regarding him. I agree with Porters long term stance, and I think he means well, but I don't think he is completely trustworthy. For example he tells his subscribers to invest in pharmaceutical companies, when he knows pharmaceuticals are highly toxic, and useless, etc, while he uses alternative therapies like megadose vitamin c.

    Not everyone, from the Austrian School of Economics is trustworthy imho, for example Doug French the vice president of Mises Institute, took on a lot of risky real estate deals, even though pretty much everyone in Austrian Economics, knew real estate was a bubble years in advance. His shareholders, and many of his depositors at Silver State Bank lost everything http://edition.cnn.com/2009/US/01/26/siu.bank.failure/index.html and http://www.propublica.org/article/the-rise-and-fall-of-silver-state-bank .

    Here is a quote from famous commodities trader Kevin Kerr (hit ctrl f then type in kevin kerr, and you can find his quote at 66 weeks)

    source http://stockgumshoe.com/2008/04/guest-pass-to-the-millionaires-market.html
    Very interesting. I have never seen this site before now. I thank all of you who left nice comments and also bad. I will let you know for the record that I resigned from Agora after this marketing came out, I was adamantly against it. I HATE THIS KIND of marketing. I held my nose for much of it but never wrote any of it, and as my readers know, i often was critical of it even when Agora urged me not to be. I left in August of 2008 and got hooked up with another scummy publisher, then finally broke away from that and am self publishing, the way it should be. www.kerrcommoditieswatch.com I have been contacted by the CFTC and SEC, NFA and others to testify against Agora and provide information about their practices and I am more then willing to help. Steve Sarnoff, Porter Stansberry and others are absolutely absurd liars in my opinion. Unfortunately, excellent editors and traders like Chris Mayer and Byron King are wrapped up in the Agora marketing animal like I was. I hope they get out before they all go to jail. If you want a better type of honest trading newsletter at a very reasonable price...visit me at kerrcommoditieswatch.com


    Vaxgen fraud link
    http://briandeer.com/vaxgen/stansberry-fraud.htm


    Link of Porter featuring a naturopath on his dailycrux website http://www.thedailycrux.com/content/6697/Health_Tips/rss
    I take some (notably vitamin C)


    Last edited by investigator on Sun Jan 23, 2011 1:07 pm; edited 1 time in total
    Carol
    Carol
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    Posts : 31733
    Join date : 2010-04-07
    Location : Hawaii

    Hey Carol Empty Re: Hey Carol

    Post  Carol Sun Jan 23, 2011 1:00 pm

    Thank you for the information investigator. Any investing I do these days is in tangible assets (coins, seeds and currency). I get all our vitamins from Swansons. Given gardening is becoming the primary focus of interest on this end, my new goal is on how to make decent fertilizer and be more involved with permaculture gardening. lol!


    _________________
    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.

    With deepest respect ~ Aloha & Mahalo, Carol
    investigator
    investigator


    Posts : 231
    Join date : 2010-05-31

    Hey Carol Empty Re: Hey Carol

    Post  investigator Sat May 28, 2011 7:56 pm

    LOL Peter Schiff just laid down the smack-talk on Porter Stansberry. He was accusing Stansberry of not making his clients money during the 2008 crisis. Ironically, Schiff did not make any money for his clients during 2008 too hahaha. I guess the real question is who lost more money for their clients. Both of them probably made money for their clients after the fed started quantitative easing though, but anyone could have done that, so it's nothing special imho. Honestly, I think a lot of these "funds" are not going to outperform bullion by 2015-2020. Plain old gold and silver bullion is going to outperform most of these funds due to a hyperinflationary environment. It is amusing to watch them try to justify their existence though, when most people simply should not be investing with them. Investing in newsletters, hedge funds, etc, is simply not suitable for the average person in this kind of an environment. It is only useful when those funds give returns that exceed the rate of inflation and bullion, allowing people to acquire more bullion, before a new currency is issued, backed by commodities. I would say these funds and newsletters, are a-okay to play with after that currency is issued, but not before.

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