Saw this video sometime ago. I'm not as smart as alot of you guys, but tell me what I should take out of it. www.endofamerica15.com
Interesting. Has anyone requested the other materials? I'm guessing the referenced No. 1 asset is a bowtech bow. And, that's a DOOZY of an anticipation ad! (Calm down...I'm kidding)
What a load of dribble. I can't believe I just wasted 45 minutes listening to this crap.It all leads up to him "giving" you a book on buying gold "free of charge". I can't believe I fell for this sales pitch. The whole thing was stinking of something all the way through anyway, full of vague examples and half truths. Don't waste your time with this. It's all a sales pitch for gold and silver.
The only problem with that way of thinking is......I can buy gold and silver from MANY places (and cut him out). There's (IMO) a lot of truths in that PSA. When you really stop and think about how bad it could get, it's scary. Can you imagine having......and trying to protect what you have? I can't imagine it being that bad. But, it's scary. I watched a movie recently, called 'The Road'. It's a grim, post-apocalyptic insight. People walk by monetary goods (cash; jewels; etc...). They're no good to a hungry man. Food is gold (in that scenario). Shelter is silver. Clothes; shoes; etc... are sacred commodities. Hope it doesn't come to that. But, I do store more food than I used to.
Only took a few moments to find this and more. another link: http://briandeer.com/vaxgen/stansberry-fraud.htm http://greenlaserreviews.com/2010/12/03/stansberry-review/ Green Laser Recommendation: Stansberry & Ass.’s copywriting team excels at the creation of what we at Green Laser Reviews call “Snipe-Hunt” promos, i.e., hoaxes in which prospects are introduced to a novel-sounding type of security or strategy (“Mainz Revenues Stream,” “Thermogenic Oil,” etc.) for existing equities. As no information on these terms is obtainable outside the publisher’s instant “information monopoly,” readers are motivated to pay up to $5,000 for an annual subscription to a service, which then will divulge the “Snipe Hunt” security. If you seriously consider becoming a subscriber to one or several Stansberry & Ass. products, we recommend you purchase a copy of the group’s copywriting “bible,” compiled by S&A copy director Mike Palmer and Florida-based “Michael Masterson” (Copy Logic! The New Science of Producing Breakthrough Copy (Without Criticism)), which provides an excellent insider view on the persuasive techniques plied by the Stansberry copy team. Exercise due diligence: Before purchasing any Stansberry & Ass. product, insist the company provide you with the publication’s detailed track record for the previous year, and a list of all year-to-date closed positions. Don’t count on receiving a reply to your requests after your first try, but stay on the ball. Although Mr. Stansberry takes pride in “grading” the performance of his editors each year, the results (not the individual spreadsheets) are made available only to paid-up customers. Of course, actual performance of a hotly touted service is of much greater interest to prospective buyers. Hence, we’re mildly amused at Mr. Stansberry’s posturing in the S$A Digest of Jan. 31, 2009: “It has been my observation – after 13 years in the financial newsletter business – most publishers will resort to any and all kinds of subterfuge, fraud, or misdirection to avoid producing an honest and complete track record. There are all kinds of ways to make a bad track record look good. But most publishers take the simple path, the one of least resistance: They just never publish any track record at all.” Ahem, we say… Beware of products whose promos contain an extra-ordinary amount of detailed information that would invalidate the “information monopoly” of the promo writer, especially when the stock discussed is a single penny share. Apply LSAT-grade diligence to the reading of claims and promises! (See “14 Easy-as-Pie Steps to Find Out if a Newsletter Promo is Legit”.) The company does not provide free access to their services’ performance and this way makes it impossible for third parties or prospects to compare promo claims with a fact-based assessment of the quality of their products. * Since the 2003 SEC Investigation and the 2010 confirmation of the Federal Courts of Appeals 2009 judgment, we’re not aware of any new or present SEC or FTC investigations.
I knew it was a sales pitch for something. Admittedly, I closed it out when he started on that stuff. It's the info before it that startles me a bit if even SOME of it is true or accurate.
IMO, it is. Can't imagine what exactly will "fix" the path our country is on (no I'm not turning this political as both sides are historically guilty) financially.
One thing he cited as being proof that we were "done for"....is when he said ....even if we were to take each US citizens' paychecks at 100%, we wouldn't have enough to pay off the debt. Well damn, Einstein.....if you added up a LOT of husband/wife's salaries....they wouldn't have enough to pay off their debt, either. Thank God the banks recognize something called "terms". Right now, we (US) still have (at least) the reputation that we can make good on our debts. As long as this holds true, the dollar will be the foundation of international currency.
He lost me when he said we are on the verge of not being able to make our interest payments. I know our payments are high but we are nowhere near defaulting. He also left out some important considerations - first, that much of our debt is in treasury bonds. Meaning that the holders of these bonds need the US dollar to remain strong in order for these bonds to be worth anything. Secondly, countries exporting to the US need their currency to be valued less than the US in order to keep the prices of their products low. China is a prime example of a country artificially keeping their currency low in order to continue to export to the US. If their currency were even close to the value of the US dollar, all their exports would just be crap instead of cheap crap. Also, gold right now is artificially inflated. It's feeding on fears on the economy - people are buying gold because they don't trust anything else. It makes them feel better that they are buying a physical object (or they think they are), this video plays that like a fiddle. The problem is once the economy starts to become strong again - gold will likely come down significantly as people will start to sell off.
