Know your Dollar – Explore Porter Stansberry Ad


Dollar Crash like burning plane

 

John R. Houk

© March 30, 2013

 

Below is the 51 page text of the video that pitches a subscription to Stansberry’s Investment Advisory. When you get weary of the promoted video or actually watch it to its end then “X” out of the webpage then you will get the pop-up that asks to if you desire to leave the page or stay on the page. If you choose “stay” you are transferred to the text I wrote below.

 

Stansberry often advertises via Conservative websites with some kind of hook similar to the “WARNING” in the opening paragraph. I am not necessarily a promoter of Stansberry’s business opportunities however the pitch leading up to the product promoted is often informative. This is one of those cases.

 

This huge article is something that is very informative on a perspective of the U.S. Dollar’s future viability as the global currency. Of course the essential problem appears to be the Dollar is based on debt rather than precious metals such as gold, silver and etc.

 

I grasp history better than economics so a little of the terms in this sales pitch is something I had to look up to understand it. For example I was clueless on the significance of the International Monetary Fund’s (IMF) creation of a back-up monetary reserve that is not an actual currency but is based on the weight of value of major nations of which currently the USA is the primary nation. This IMF back-up monetary reserve is called Special Drawing Rights (SDR):

 

… defined on the IMF website as,

 

“…an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries.

 

The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: first, through the arrangement of voluntary exchanges between members; and second, by the IMF designating members with strong external positions to purchase SDRs from members with weak external positions. In addition to its role as a supplementary reserve asset, the SDR serves as the unit of account of the IMF and some other international organizations.” (Collapse of the Dollar – Only One “Party” can Speak the Truth; by Lee Cary; TeaParty911.com; 2/27/13 7:38 PM; READ ENTIRITY)

 

If you are like me you may desire a greater understanding of SDRs for it is a key component of the below essay. So for extra reading here are some links:

 

 

o   Gold Will Play A Key Role In Emerging Global Monetary Order

 

o   IMF calls for dollar alternative

 

o   Special Drawing Rights: The SDR Fact Sheet

 

o   Replacing the Dollar with Special Drawing Rights—Will It Work This Time?

 

 

JRH 3/30/13

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Stansberry’s Investment Advisory pitch. Porter Stansberry 2-2013

 

http://pro.stansberryresearch.com/1302PSIEOA1Y/LPSIP3JJ/

 

WARNING:

What you are about to read is controversial, and may be offensive to some audiences. Reader discretion is advised.

Hello. My name is Porter Stansberry.

Fourteen years ago, I founded Stansberry & Associates Investment Research. It has since become the largest firm of its kind in the world. We specialize in financial research, and serve hundreds of thousands of paid subscribers in more than 120 countries.

You may know of our firm because of the work we did over the last several years – helping investors avoid the big disasters associated with Wall Street’s collapse.

We warned people to avoid Fannie Mae and Freddie Mac, Lehman Brothers, General Motors and dozens of other companies that have since collapsed.

We even helped our subscribers find opportunities to profit from these moves by shorting stocks and buying put options. To my knowledge, no other research firm in the world can match our record of correctly predicting the catastrophe that occurred in 2008, and the rebound that has occurred since then.

The video presentation we created three years ago, to explain the financial crisis, and our thoughts on what would happen next, has become the most-watched on-line financial video in history, as far as we can tell.

But that’s not why I created this follow-up presentation.

I reference our success and experience with Wall Street’s latest crisis because we believe there is an even bigger crisis lurking –something that will shake the very foundation of America.

I know that to most people, the situation seems to be getting better. Stocks have recovered nearly all their losses. Real estate has rebounded. Unemployment and bankruptcies have dropped. But here’s the thing:

 

The unfortunate reality is that we are actually in a much more dangerous and precarious place today than we were five years ago.

 

 

And that is why I’ve spent a significant amount of time and money in the past few months preparing this presentation.

In short, I want to talk about a specific event that will take place in America’s very near future… which could actually bring our country and our way of life to a grinding halt.

This looming crisis is READ FROM THIS POINT AT SlantRight 2.0

Tony Newbill Conspiracy Theory Emails – 1/30/13 to 2/2/13


Sustainable Dialectic of Tyranny

Tony Newbill sends emails to me relating to what many would call Conspiracy Theory. Too often the thought of ‘Conspiracy Theory’ is thought of in the pejorative sense. Most of the data that Tony Newbill sends me is something I agree with. Ergo, in my book a better description is Conspiracy Fact. Even so predictive conclusions are still theories even if they are credible predictions. So I will stick to ‘Conspiracy Theory’ yet in a positive predictive sense rather than the typical pejorative sense that status quo thinkers grudgingly stick to.

 

With no further adieu here are a series of Tony Newbill emails that should give you pause in future planning. I may include expansive excerpts of some of the links and/or include some of my thoughts along the way.

 

(Yup, this is the same introduction to a similar Tony Newbill post on 3/13/13.)

 

JRH 3/16/13

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CIA and FACEBOOK Working Together – Listen to Frame 3:00

Sent: 1/21/2013 7:26 AM

 

http://www.youtube.com/watch?feature=player_embedded&v=5b82o3D0weQ

 

______________________

Here are some talking points…….

Sent: 1/30/2013 9:27 AM

 

Why are we sending Abrams tanks and F-16s to the Brotherhood when this is going on?

 

http://shoebat.com/2013/01/28/islam-and-cannibalism/

 

Islam and Cannibalism

 

In the future, the Egyptian Islamists will not only be conducting systematic violence, but cannibalism against Christians and moderates.

 

In a recent video interview, one Egyptian scholar exposed the high school curriculum coming from Al-Azhar University, the most reputable of all Islamic schools, showing that it condoned cannibalizing non-Muslims:

 

We allowed the eating of the flesh of dead humans… under necessary conditions. It [dead human flesh] must not be cooked or grilled to avoid Haram (wrongdoing) …and he can kill a murtadd (apostate) and eat him

 

The interviewer commented:

 

The book that is being taught to general high-school students mentions that those who don’t pray can be grilled & then eaten

 

VIDEO: Egypt Salafist University: It’s OK to kill unbelievers and eat them

 

Al-Azhar finds their support for cannibalism in Islamic authority According to Al-Shafie, who is considered to be the founder of Islamic jurisprudence:

 

One may eat the flesh of a human body. It is not allowed to kill a Muslim nor a free non-Muslim under Muslim rule (because he is useful for the society), nor a prisoner because he belongs to other Muslims. But you may kill an enemy fighter or an adulterer and eat his body (716 in volume 1, Al-Kortoby)

 

READ THE REST

 

Is The Housing recovery is a Great Big LIE?

 

Would the Housing sector be growing if the Inventory that is on the Books at Fanny and Freddy was back on the market?

 

http://wearethefanniefreddie99.tumblr.com/about

 

[SlantRight Editor: The above link no longer works. Below is the new about page to the website redirected toward – Homes For All]

 

http://homesforall.tumblr.com/about

 

WE HAVE A RIGHT TO RECLAIM, REMAIN IN AND REBUILD THE COMMUNITIES WE CALL HOME! WE REFUSE TO BE DISPLACED!

 

The recent and ongoing financial crisis has revealed millions of residents of the United States experience housing insecurity, many of them for years at a time. Yet, housing policy in recent decades, whether implemented by government, the corporate sector, or some combination of the two, has contributed to a loss of affordable housing and has often displaced the members of our communities in the name of de-concentrating poverty. At the same time, corporations have shifted enormous amounts of investment into our cities, but their interest in property speculation and maximizing quarterly profits undermines our interest in long-term neighborhood stability.

 

And when the crisis hit, they got bailed out and we got left out.

 

With the latest wave of REO (Real Estate Owned) to rental properties being snatched up as the newest gambling scheme for hedge funds and private enterprise, we are on the cusp of READ THE REST

 

http://www.righttothecity.org/index.php/resources/reports/item/116-fact-sheet-on-fannie-mae-and-freddie-mac

 

[SlantRight Editor: The above link is a page with a jpg of the 116 fact sheet on Fannie and Freddie which I will reproduce below.]

 

FACT SHEET ON FANNIE MAE AND FREDDIE MAC

 

 FACT SHEET ON FANNIE MAE AND FREDDIE MAC

 

Is this what will happen in the USA?

 

http://www.wnd.com/2013/01/troops-bulldoze-homes-leave-thousands-homeless/#Qm9JL4PpU2C7D764.99

 

Troops bulldoze homes, leave thousands homeless

Soldiers wearing U.N. logos evict whole towns in land grab

 

Thousands of poor Brazilian families are living in wretched conditions at make-shift refugee camps after being evicted from their homes at gunpoint by federal forces, some of whom were sporting United Nations logos, according to sources.

 

The massive operation, which left an estimated 7,500 or more people, including thousands of children, homeless was justified by authorities under the guise of creating an Indian reservation.

 

Towns literally have been wiped off the map, and no compensation was offered to the victims. About 400,000 acres of land were expropriated in the latest operation.

 

Residents in the Siua-Missu area in the state of Mato Grosso battled heavily armed federal police and military forces for weeks using sticks, rocks, Molotov cocktails and other crude weapons.

 

In the end, however, the powerful national government forces were overwhelming.

 

Virtually all of the residents have now been displaced, living in squalor, packed into school gymnasiums in nearby towns. Others are living on charity under plastic tarps propped up with sticks with no clean water or sewage services.

 

Leaders of the feeble resistance, meanwhile, are being hunted down by authorities for punishment.

 

It was in 1993, shortly after the first United Nations summit on sustainable development in Rio de Janeiro, when the scheme was proposed. The Brazilian government’s executive branch decreed that the land in question belonged to Indians.

 

READ THE REST (And trust me, you really want to read the rest)

 

[SlantRight Editor: Can you say UN Agenda 21? See HERE, HERE and HERE]

 

During the Clinton and Bush Years of regulators being told to look the other way on True Stock valuations of Corporations cooking the Books in their stock so what’s different this time?

 

http://www.nytimes.com/2013/01/31/business/economy/us-economy-unexpectedly-contracted-in-fourth-quarter.html?emc=na&_r=0

 

U.S. Economy Unexpectedly Contracted in Fourth Quarter

 

The federal government helped bring the economic recovery to a virtual halt late last year as cuts in military spending and other factors overwhelmed the Federal Reserve’s expanded campaign to stimulate growth.

 

Disappointing data released Wednesday underscore how tighter fiscal policy may continue to weigh on growth in the future as government spending, which increased steadily in recent decades and expanded hugely during the recession, plays a diminished role in the United States economy.

 

Significant federal spending cuts are scheduled to take effect March 1, and most Americans are also now paying higher payroll taxes with the expiration of a temporary cut in early January.

 

The economy contracted at an annual rate of 0.1 percent in the last three months of 2012, the worst quarter since the economy crawled out of the last recession, hampered by the lower military spending, fewer exports and smaller business stockpiles, preliminary government figures indicated on Wednesday. The Fed, in a separate appraisal, said READ THE REST

 

http://www.criticalwarningnow.com/

 

[SlantRight Editor: The above link is to one of those web page videos that if you try to X out a pop-up asks you if you want to leave the page. Below is the excerpt that occurs when you click “stay”.]

 

His first five predictions have already come true!

 

Critical Warning Number Six

 

Fail to heed this final warning at your own risk!

 

Dear Reader:

 

Something bigger and more devastating than the credit crisis of 2008 is headed our way.

 

For most people, it will hit them like a brick wall.

 

It will touch Americans harder and deeper than anything else we’ve seen since the Great Depression.

 

I feel so strongly about the critical warning I’m about to give you, I’ve decided to document it in this audio-video presentation. And I’ve labeled this a controversial video, because most people will not like what I have to say…they will find it hard to believe until they see all the facts as I present them.

 

My name is Michael Lombardi. You may have heard of me. Maybe you are one of the hundreds of thousand of investors who get my daily Profit Confidential column.

 

Or maybe you’ve heard of my company, Lombardi Publishing Corporation. I started it back in 1986. It’s served over one million customers in 141 countries since then.

 

Over the past decade, I’ve been widely recognized as the predictor of five major economic events.

 

Here they are for you in black and white:

 

In 2002, I started advising my readers to buy gold-related investments. Gold bullion sold for less than $300 an ounce back then. In fact, in 2002, I put all of my retirement money, and all of my wife’s, in gold-related investments. I’ve been pushing gold for almost 10 years now.

 

In 2006, I begged my readers to get out of the housing market. I have nothing to hide. This is the exact e-mail alert I sent to my readers on March 1, 2006:

 

The proof the party is over in the U.S. housing market could not be clearer to me. The price action of the new-home builder stocks is telling the true story—these stocks are falling in price daily and the media is not picking it up. The latecomers to the U.S. housing market may end up looking like the latecomers to the tech-stock rally that ended so abruptly in 1999.”

 

Remember, I wrote the above in 2006 when the last thing on people’s minds were declining real estate prices.

 

By the spring of 2007, I was giving dire warnings to my readers about the economy. On March 22, 2007, I sent this e-mail dispatch to my readers:

 

“Over the past few weeks I’ve written about subprime lenders and how their demise will hurt the U.S. housing market, the economy and the stock market. There’s no escaping the carnage headed our way because the housing market and subprime business are falling apart. The worst of our problems, because of the easy money made available to borrowers, which fueled the housing boom that peaked in 2005, have yet to arrive.”

 

I was warning about the severe global recession we experienced in 2008 and 2009 long before anyone else.

 

And I totally predicted the 2008 economic massacre that later become simply labeled the “credit crisis.” On November 29, 2007, I wrote my followers:

 

“The Dow Jones Industrial Average, the S&P 500 and the other major stock market indices finished yesterday with the best two-day showing since 2002. I’m looking at the market rally of the past two days as a classic stock market bear trap. As the economy gets closer to contraction, 2008 will likely be a most challenging economic year for Americans.”

 

Years after I wrote the above, it was widely recognized that October 2007 was the top for the stock market. And, yes, 2008 was the worst year for the U.S. economy since the Great Depression.

 

Finally, I correctly predicted the crash in the stock market of 2008 and early 2009. I even wrote an obituary on the stock market in the fall of 2008 that made me somewhat of a forecasting legend:

 

Here’s what I e-mail-blasted to over 100,000 people on October 6, 2008:

 

“A Stock Market’s Obituary: It is with great sadness that we announce the passing of the Dow Jones Industrial Average. After a strong and courageous battle, the Dow Jones fell victim to a credit crisis and finally succumbed on Friday, October 3, 2008, when it fell decisively below the mid-point between its 2002 low and its 2007 high.”

 

The Dow Jones Industrial fell approximately 40% after I wrote this now famous “Stock Market Obituary,” finally hitting bottom on March 9, 2009, when the Dow Jones Industrial Average hit 6,440.

 

Then…at the depth of the dark days of March 2009, I sent an e-mail alert to my thousands of readers and told them to basically jump into the stock market with both feet.

 

I turned bullish on stocks in March of 2009 and rode the bear market rally from 6,440 on March 9, 2009, to 13,437 on September 28, 2012—a gain of 109%.

 

To recap my big five predictions that all came true, I:

 

1.     Told my readers to get into gold in 2002;

 

2.     Told them to get out of the housing market in 2006;

 

3.     Predicted the recession of late 2007;

 

4.     Told my readers to get out of stocks in the fall of 2008; and

 

5.     Told my readers to get back into stocks in March of 2009.

 

I didn’t spend the last five minutes of your time telling you about my five key predictions so I could pat myself on READ THE REST (if you can figure out how to get with the link)

 

 

Is the Real Entitlement Class that does not want to give up their perks, our elected Officials???

 

http://mynorthwest.com/174/2187468/Tax-Dollars-to-Dry-Cleaning

 

OLYMPIA, Wash. (AP) – A few days after Washington lawmakers approved a budget deal to lower state spending last year, small-government Rep. Gary Alexander got $40.60 worth of dry cleaning done.

 

Then he made sure taxpayers paid the bill.

 

Alexander, the Republican budget writer in the state House, billed more than $500 worth of dry-cleaning fees to the state over the past two years, according to an Associated Press analysis of thousands of expense reimbursements. He wasn’t alone: Seven Democrats and 12 Republicans in the Legislature requested and received compensation totaling more than $5,600 for dry cleaning since the start of 2011.

 

Lawmakers are able to get taxpayer-covered compensation for what the Legislature deems legitimate business expenses tied to the job. That includes common costs of being a lawmaker, such as travel around the district to meet with constituents, parking fees for meetings, office supplies and rent for district offices.

 

It also includes a variety of expenses with less-explicit benefits for taxpayers, including iPhones, picture frames, artwork, expenses for meetings with lobbyists and dues to professional organizations like the conservative American Legislative Exchange Council.

 

 

After an AP reporter questioned him about how it aligns with a limited-government message, Alexander said he would explore ways to keep his expenses down.

 

READ THE REST

 

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What does this mean for the US Dollar as Worlds Reserve Currency????

Sent: 1/31/2013 12:24 PM

 

http://worldtruth.tv/china-launching-gold-backed-global-currency/

 

China Launching Gold Backed Global Currency

 

According to the article, China is recasting all of their gold reserves into small one kilo bars in order to issue a new “gold-backed” currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar.

 

There can be no doubt that the US dollar will soon be history. China is recasting all of their gold reserves into small one kilo bars in order to issue a new ‘gold backed’ global currency. This is surely a strategic part of their recent push to sign new trade agreements with Russia, Japan, Chile, Brazil, India, and Iran. The cat is now out of the bag, the US will be given the ‘bums rush’ by the largest trading nations in the world and the dollar will go down in flames. GATA now estimates that 80% of the gold that investors believe they have in allocated accounts is long gone, the majority of it probably wound up in China.

 

Here is an excerpt from Jim Willie’s ‘Hat Trick Letter’

 

Jims recent article starts out with…

 

Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena. But lately, they cannot dismiss the onslaught of evidence, a veritable plethora of ugly symptoms of conditions gone terribly wrong and solutions at best gone awry and at worst never intended in the first place.

 

CHINA RECASTS GOLD BARS

 

China is well along an ambitious plan to recast large gold bars into smaller 1-kg bars on a massive scale. A major event is brewing that will disrupt global trade and assuredly the global banking system. The big gold recast project points to the Chinese preparing for a new system of trade settlement. In the process they must be constructing a foundation for a possible new monetary system based in gold that supports the trade payments. Initally used for trade, it will later be used in banking. The USTBond will be shucked aside. Regard the Chinese project as preliminary to a collapse in the debt-based USDollar system. The Chinese are removing thousands of metric tons of gold bars from London, New York, and Switzerland. They are recasting the bars, no longer to bear weights in ounces, but rather kilograms. The larger Good Delivery bars are being READ THE REST

 

 

____________________

IRS Report and Look at what Healthcare Coverage will Cost

Sent: 2/2/2013 1:44 AM

 

Go to page 56 of this IRS Report  and look at what Healthcare coverage will cost a family of 4…..  How will the consumer driven economy react to this?

 

http://www.irs.gov/PUP/newsroom/REG-148500-12%20FR.pdf

____________________

© Tony Newbill

 

Edited by John R. Houk

Gold and Oil work for USA rather than Against


Petro_Gold

John R. Houk

© February 14, 2013

 

Not long ago I posted on how OPEC controls the global economy which of course affects the U.S. economy through a monopolizing bloc controlling oil. The theme of the post ran something like if the USA developed alternative fuels for motor vehicles it would eliminate the OPEC stranglehold on our economy. Here is a quote for thought:

 

If you follow our email alerts you know that last year we actively supported a bill called The Open Fuel Standard Act. Simply put, this bill would break up the liquid fuel monopoly that now exists. This monopoly guarantees that the only fuel you can buy for your car or truck is gasoline (or, at most, gasoline containing a small percentage of ethanol).

If we are to ever really break the back of the OPEC price-fixing cartel, we must break the gasoline monopoly. The first step is ensuring that cars can actually run on other fuels such as methanol, which can be made from natural gas, coal, even waste such as grass clippings.

Did you know that, with just a few minor alterations to your car, it’s possible to run it on methanol—at a significant savings over the cost of gas?

 

I was excited about this visionary thinking.

 

NOW I just finished reading an article about Russia and China hoarding gold as a medium of exchange by eliminating U.S. dollars as the global currency thus ending the power of petrodollars. You have to realize that Russia and China are friends with the OPEC giants.

 

The implication of the article is gold-currency will replace petrodollars thus placing a coffin nail in the U.S. economy.

 

I am just thinking out loud here. What if Russia and China succeed in replacing petro-gold for petrodollars? Essentially the fall of the dollar would again bring back a gold standard as the foundation of the global economy. I think that is a good thing.

 

Yes adjustments would have to be made for the U.S. dollar. A forced global gold standard could force America back to a gold standard because of the global oil economy. AND STILL the USA can use innovation to develop alternative fuels to at least end any American dependence of OPEC oil. Russia and China might succeed in supplanting the dollar with gold, but a transformed fuel economy free of fossil fuel from OPEC would also stimulate the U.S. economy. Suddenly America might become the exporter of alternative fuel competing with OPEC fossil fuel.

 

So here’s the thing. Gold replaces debt as the standard for the U.S. economy. A new industry involving alternative fuel for motor vehicles will effectively compete with OPEC but also place a huge crunch in their profits which in turn might actually drive down the price of fossil fuel again.

 

Essentially folks this is a win-win for the U.S. economy in placing the dollar back on a market economy rather than a debt economy while at the same time innovating a globally competitive industry again strengthening America as a financial giant.

 

Like I said I am just thinking out loud because I certainly am no economist. Nonetheless, grass roots Capitalism will benefit all Americans over the Eco-Marxism that fearless leader President Obama supports.

 

JRH 2/14/13

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