Porter Stansberry Debate with Bob

You ask if I have made money. Answer is yes, but not as much as in the past.
You ask if I invest in a manner which coincides or opposes Stansberry. Answer is that I am
not sure that he isn't simply pulling magic tricks.

I am a member of two magic clubs and suggest that you may want to join some clubs as well.
Why? Because these clubs study human perceptual weaknesses and show you how to take
advantage of them. Since this is precisely what Stansberry does, it would allow you to see
that he is simply a magician who tricks humans for money.

If you like the information that Stansberry delivers, why not read the original literature? All
Porter does is to subscribe to letterwriters such as Doug Casey and repackage the material
using his high-pressure end-of-the-world pessimist-inspired marketing techniques.

donbot

You ask if I have made money. Answer is yes, but not as much as in the past.
You ask if I invest in a manner which coincides or opposes Stansberry. Answer is that I am not sure that
he isn't simply pulling magic tricks.

I am a member of two magic clubs and suggest that you may want to join some clubs as well. Why?
Because these clubs study human perceptual weaknesses and show you how to take advantage of
them. Since this is precisely what Stansberry does, it would allow you to see that he is simply a magician
who tricks humans for money.

Take the recent letter that I received from him. It contains the following:

At Stansberry & Associates, we're always on the lookout for other deals that might interest you. We think
this one may be of interest to our readers.

Dear Reader,

Everybody knows the tragic events that transpired on September 11, 2001…

But what you probably don’t know is that five months prior to this historic tragedy, one man from
Colorado predicted this event in detail and documented his findings in a 12-page letter.

This wasn’t a fluke incident either…

For the past 30 years this “financial prophet” -- who has been hired to consult several world leaders--
has predicted over a dozen major economic and market events, making him one of the wealthiest men in
America…

Just since the market crash of 2008 (which he predicted), this man’s predictions have led to financial
gains like 1,852%, 994%, 850%, 730% and 553%.

As soon as I read the sequence of percentages, I know that someone is using selective reporting of
facts. Why? Because anyone who can actually deliver such gains on a consistent basis would be taking
his own advice and not selling the advice to others. He would be the richest man in the world. Fact is
that some entrepreneur has seen the magic tricks that others like Stansberry can pull with the English
language and has decided to try to make a bundle of money for himself by selling Doug Casey. Don't
get me wrong. Doug Casey is very successful and own homes in New Zealand, Argentina and the US.
But the question I have is how did he make his money? Did he make it by taking his own advice or by
selling his advice to others via his newsletter and books?  I didn't sell my advice and I averaged over
50% between 1996 and 2003 when I quit because I didn't enjoy the stress and wanted to do other
things. Stress at my age can easily lead to cancer and I want to avoid that if possible. Nevertheless, my
age keeps advancing.

Doug Casey and Porter Stansberry have emphasized the advantages of selling opinions rather than
keeping them to yourself. In fact, the main difference between Doug and Porter is their style of
marketing. I would be embarrassed to be marketing my opinions like Porter does. He is so incredibly
cheap and sleazy that he resembles a cheap huckster at the carnival. So be it. It seems like Porter may
simply be subscribing to Doug Casey and remarketing his ideas using the carnival sleaze techniques we
know so well.

The fellow who is selling Doug Casey above is using these sleaze techniques to sell what perhaps is the
source of Porter's information. My question is "Why doesn't Bob Russell do something like that?" I can't
do it simply because I cannot stand the stench. But you don't seem to mind the odor and you have a
facility with the language. Why not take a simple idea and spin it into an hour dirge like the fellow did to
"Doug Casey"? You could take Obamacare and show how it will bankrupt the US. Make sure you insert
sufficient teasers to get the reader to keep listening to your diatribe. Insert some of the sleaze ads for
other diatribes. You can get the average Joe listening to such crap for hours and make money doing it.

donbot



On Tue, Dec 20, 2011 at 6:17 PM, Bob Russell <bobqrussell@yahoo.com> wrote:
Hello.
.
Thanks for the reminder of this assertion and its partial public performance
that you have introduced into earlier discussions.
.
Q.: Do you believe German voters would wish to abandon the Euro
zone if that means they must support the 'Club Med' countries' budgets?
A1: Likely yes.
A2: Rumor is that the German Bundesbank has already lent 500M euros
to the European Central Bank to perform just such a financial procedure!
Oops!
Someones annual performance review may have troubles later!
.
In other circumstances such a large intervention might be considered
a technical default. Say, for example, from any of the three-to-five highly
publicized bond rating agencies. Let me suggest that a 'negative outlook'
exists for the Euro countries.
.
A3: Rumor is that the US Federal Reserve Board has also participated
in background conditions for similar outcomes to A2.
Q.: How does your implicit participation feel for this support?
... just wondering ... as the 'Club Med' countries may thank you ... again.
.
H'mm.
.
Q.: Donbot, if your opinions have been so strong for this topic and its
associated actions, how did your investment commitments succeed in
opposition to Stanberry's positions?  
A1: I didn't take a specific position to counter his firm's positions.
A2: I made money.
A3: I lost money.
.
Thanks.


From: Donald Martin <donbot23@gmail.com>
To: Robert A. Russell <bobqrussell@yahoo.com>
Sent: Tuesday, December 20, 2011 6:50 PM
Subject: Porter Stansberry

"I believe Germany will leave the euro before the end of this year, triggering a massive devaluation in
all the euro's remaining members. I'll state again: The euro is toast."

I guess we should do a countdown for Porter Stansberry. The end of the year is coming very soon.

donbot



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