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yellowcanine

(35,699 posts)
Wed Nov 21, 2012, 03:15 PM Nov 2012

Ever hear of Porter Stansberry? He is the investment version of Harold Camping.

Stansberry previously famously predicted the collapse of America in 2011. He was charged by the SEC with defrauding investors in 2003 and ordered to pay restitution and fines of $1.5 million by a district court in 2007. He also predicted that Germany would leave the EU by August 2012. Along the way he tried to sell various investments and convince people to put as much as 50% of their assets in gold. http://en.wikipedia.org/wiki/Porter_Stansberry

Now, in a curious turnabout, he is predicting an oil and gas boom in the U.S. which will bring incredible wealth to the U.S. and propel Obama to election to a third term in 2016, making Obama the greatest U.S. President. (Supposedly the 22nd amendment gets repealed). (He says he does not like Obama). He has an incredibly long video spelling this out with an investment pitch at the end - (supposedly, I could not watch it to the end).

http://stockgumshoe.com/reviews/porter-stansberrys-investment-advisory/obamas-third-term-stansberrys-secret-plan-to-retain-power-through-2020/

So if you run across investments being flacked by this guy - hang on to your wallets!

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Ever hear of Porter Stansberry? He is the investment version of Harold Camping. (Original Post) yellowcanine Nov 2012 OP
Is this the guy that advertises that free video on late night TV? Initech Nov 2012 #1

Initech

(100,079 posts)
1. Is this the guy that advertises that free video on late night TV?
Wed Nov 21, 2012, 04:07 PM
Nov 2012

You know the one that shows people worrying over bills and says "AN IMMINENT COLLAPSE WILL BRING DOWN THE UNITED STATES ECONOMY. THIS GUY PREDICTED IT SEVERAL YEARS AGO AND WAS PRAISED BY MULTIPLE PUBLICATIONS (Newsmax, natch... ). THIS FREE VIDEO WILL SHOW YOU HOW YOU CAN PREPARE NOW!!!"

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