« porter stansberry

Porter stansberry posts

Svetlana
Alvaro Marino Aragon Quintero
New Obama Law (Bill "H.R. #2847") Could Usher in Collapse of U.S. Dollar On July 1st of this year, H.R. Bill #2847 went into effect. This bill has the potential to make millions of Americans poorer - overnight. Even some liberals have called it a " Read more ... nightmare and disaster." Get the facts to protect yourself here... Dear Fellow American, Hello. My name is Porter Stansberry. Fifteen years ago, I founded Stansberry & Associates Investment Research. It has since become the largest firm of its kind in the world. Today we have more paid subscribers than many of America's most popular newspapers, including Barron's and Investor's Business Daily. 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 four 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. And we believe it will accelerate at an extremely rapid pace, beginning in 2014, because of a devastating new law, that just went into effect this summer. Very shortly, I'll explain more about exactly what this new law does and why it could be harmful to every single American. I know that to most people, the situation seems to be getting better in America. Stocks have recovered 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 six 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. As I'll explain in a moment, the law that just went into effect could dramatically accelerate this process. This looming crisis is related to the financial crisis of 2008... but it is infinitely more dangerous, as I'll explain in this letter. As this problem comes to a head, I expect there will be a near-complete shut-down of the American economy. Life as we have known it for more than 40 years will essentially cease to exist. Our governments on both the Federal and State level will shut down. Banks will not open. Businesses will at least temporarily shutter their doors. I expect we'll see martial law, enforced by the U.S. military. Believe me, I don't make this prediction lightly and I have no interest in trying to scare you. I'm simply following my research to its logical conclusion. I did the same when I tracked Fannie Mae and Freddie Mac's accounting. Also with General Motors, Lehman Brothers and the rest. And when I began giving this warning in 2006 no one took me very seriously... not at first. Back then, most mainstream commentators just ignored me. And when I presented my case and exposed the facts at economic conferences, they got angry. They couldn't refute my research... but they weren't ready to accept the enormity of its conclusions either. That's why, before I go any further, I have to warn you... What I am going to say is controversial. It will offend many people... Democrats, Republicans, and Tea Partiers, alike. In fact, I've already received dozens of pieces of hate mail. And... the ideas and solutions I'm going to present might seem somewhat radical to you at first... perhaps even "un-American." My guess is that, as you read this letter... you'll say: "There's no way this could really happen... not here." But just remember: No one believed me four years ago when I said the world's largest mortgage bankers - Fannie Mae and Freddie Mac - would soon go bankrupt. And no one believed me when I said GM would soon be bankrupt as well... or that the same would happen to General Growth Properties (the biggest owner of mall property in America). But again, that's exactly what happened. No one believed me in 2011 when I said the crisis would cause "riots in the streets." Then came the protests in Wisconsin, and the Occupy Wall Street movement all over the country. And that brings us to today... The same financial problems I've been tracking from bank to bank and from company to company for the last six years have now found their way into the U.S. Treasury. I'll explain how this came to be. What it means is critically important to you and every American... The next phase in this crisis will threaten our very way of life. The savings of millions will be wiped out. This disaster will change your business and your work. It will dramatically affect your savings accounts, investments, and retirement. It will change everything about your normal way of life: where you vacation... where you send your kids or grandkids to school... how and where you shop... the way you protect your family and home. I'll explain how I know these events are about to happen. You can decide for yourself if I'm full of hot air. As for me, I'm more certain about this looming crisis than I've been about anything else in my life. I am literally afraid for my family's future, and I have taken drastic steps to prepare for what I know must inevitably happen next. I know that debts don't just disappear. I know that bailouts have big consequences. And, unlike most of the pundits on TV, I know a lot about finance and accounting. And this is all coming to a head much, much sooner than most Americans think. Of course, the most important part of this situation is not what is happening... but rather what you can do about it. In other words... Will you be prepared when the biggest financial crisis in America in more than 50 years, hits? Don't worry, I'm not organizing a rally or demonstration. And I've turned down every request to run for political office. Instead, I want to show you exactly what I'm doing personally, to protect my family, and to protect and perhaps even grow my money, and how you can prepare as well. You see, I can tell you with near 100% certainty that most Americans will not know what to do when commodity prices – things like milk, bread and gasoline – soar. They won't know what to do when banks close... and their credit cards stop working. Or when they're not allowed to buy gold or foreign currencies. Or when food stamps fail... or their Social Security checks come to a halt. In short, our way of life in America is about to change – I promise you. In this letter I'll show you exactly what is happening, and why it is inevitable. Again, you can challenge every single one of my facts and you'll find that I'm right about each allegation I make. Then, I hope you'll take action for yourself. Will you act now to protect yourself and your family from the catastrophe that's brewing right now in Washington D.C.? I hope so. And that's why I wrote this letter. I'm going to walk you through exactly what I am doing personally, and what you can do as well. I can't promise you'll emerge from this crisis completely unharmed – but I guarantee you'll be a lot better off than people who don't follow these simple steps. But I'm getting ahead of myself just a bit. Let me back up and show you in the simplest terms possible what is going on, why I am so concerned, what I believe will happen in the next 12 months, and exactly what is going to happen when this devastating new law takes effect, later this year... The Greatest Danger America Has Ever Faced? I believe that we as Americans are about to see a major, major collapse in our national monetary system, and our normal way of life. Basically, for many years now, our government has been borrowing so much money (very often using short-term loans), that very soon, we will no longer be able to afford even the interest on these loans. Again... I say these things as an expert in accounting and financial research. You may not think things are THAT BAD in the U.S. economy, or that our government spending is not "that bad," and I don't want to overwhelm you with numbers, but consider just one simple fact... Every single hour, of every single day, the U.S. government spends about $200 million that it doesn't have. Yes, that's every hour of every single day... 24 hours a day, seven days a week, including Sundays, Christmas, Thanksgiving, Easter, and every other holiday. For a point of reference, consider that in just two months, the government borrows more money than the combined annual profits of the 100 biggest publicly traded companies in America. That's absolutely incredible, isn't it? Again, every hour of every single day, we are spending $200 million we don't have. Does that sound sustainable to you? Yet, you'll rarely see this fact reported anywhere else. Like I said earlier: You can challenge every single one of my facts and you'll find that I'm right about each allegation I make. Before you do that, however, I recommend you take a look at just one simple chart... This will tell you all you need to know about the likelihood of massive changes in the very near future. This will tell you whether or not things are really "normal" in America today. The chart I'm about to show you shows you the simple, nominal, increase in the size of the United States' central bank's balance sheet. I'm talking, of course, about the Federal Reserve, which controls the money supply in America. This chart shows that what has taken place is something straight out of Weimar Germany... or the last 20 years in Zimbabwe. This kind of gross, out-of-control experiment with our money has never happened before. No one can predict the exact outcome. Not me. Not anyone else. But it sure as hell isn't "normal." And it's sure to be a disaster. Here's the chart I want to show you. Normally, I study these kinds of numbers when I'm looking at a business to invest in or to recommend to my readers. But lately I've spent most of my time looking into our national balance sheet, because as the banking system collapsed in 2008... all of the bad debts were absorbed by the world's governments. And it continues to this day. We began the year 2014 with a net public debt that has more than doubled since the year BEFORE Barack Obama took office. These overwhelming public financial obligations are completely unprecedented in the history of our country, outside of the two major global wars we fought in the 20th century. But even these incredible figures don't tell the real story. Or even half of it. Various other government agencies and private companies taken over by the government also have obligations of nearly another $5 trillion. We've already booked complete losses on $140 billion worth of these obligations. Yet they remain completely off the federal balance sheet. When you add these other, genuine, federal obligations that exist right now, today, you come up with a total debt figure that's much more than $20 trillion. Far more than half of these debts were assumed under President Obama. We don't know what the full burden of these new and existing debts will be in total, over time. That's because the Federal Reserves power to manipulate interest rates is unlimited—at least for now that's the case. We don't know how much of Fannie's and Freddie's bad debts will eventually be covered by the U.S. Treasury. (We do know they have an unlimited line of credit... so it's a safe bet that we haven't seen the last of these charges.) Finally, we have no idea what the eventual costs of the Federal Reserve's ongoing expansion of the monetary base will be over the long term. There is one thing that's certain, however: these debts will not be free. They will carry a burden. Today, we have more government debt than any country in the history of the world. We have more debt than every country in the European Union... combined. With each additional commitment we sink further and further into debt... closing in upon the moment that we can simply no longer afford even the interest payments on our obligations. And here is the part that really matters... the costs of maintaining our debts are about to skyrocket. Right now the Federal Reserve is manipulating interest rates down to almost zero. As a result, the interest rate at which our government can borrow money is at a record low level. In fact, the Federal Reserve has lowered its benchmark interest rate ten times since August 2007, from 5.25% to a zone between zero and 0.25%. Obviously, the current rate won't last forever. But what will happen if the average real interest rate ends up being just 4% annually, and we pay it off over 30 years like a mortgage? Incredibly, we'll spend $34.3 trillion to simply repay what we owe right now. If the rate ends up being 6%, we'll spend $43.1 trillion. Now, of course, our politicians believe that through policy and currency manipulation, they can simply avoid paying any of these costs. They can order the Federal Reserve to prevent interest rates from ever rising to a level that would cost the American people anything. They believe they can manage the economy, so the debts of Fannie and Freddie won't go bad. They believe (without any proof whatsoever) that they can stimulate the economy by even more deficit spending, so that it grows faster, allowing tax revenues to produce a surplus. Repaying these debts, they say, will be easy and painless. But you know better, my friend. You must know better. The wages of sin must be paid. And they will be paid. Just consider the plans of those who argue otherwise... Paul Krugman, one of the most widely read and respected "economists" in the country wrote about this incredibly naïve and ridiculous solution in a January 7th, 2013 New York Times column. He said: "There's a legal loophole allowing the Treasury to mint platinum coins in any denomination the secretary chooses. Yes, it was intended to allow commemorative collector's items – but that's not what the letter of the law says. And by minting a $1 trillion coin, then depositing it at the Fed, the Treasury could acquire enough cash to sidestep the debt ceiling – while doing no economic harm at all." Very few people, even our most influential economists, seem to remember that the utility of money and credit are based upon their soundness. Money allows people to exchange goods and services widely, greatly increasing the specialization of labor and facilitating the economic magic of competitive advantage. Money also plays the critical function of facilitating communications between and among many disparate actors. Price changes guide producers and consumers. But... when the money can't be trusted... this entire system breaks down. The price signals can't be relied upon. And it becomes harder and harder for people to exchange labor and capital. Likewise, credit enables an economy to grow by facilitating the growth of savings and capital investment through real interest rates. But very few people are willing to delay consumption and trust their savings in an economy that refuses to pay savers any return above inflation for their savings. And that's exactly where we are today. Although to most Americans everything seems calm... and that we are enjoying an economic recovery, I can promise you this: We are trapped. There is no way out. And nobody in Washington – not Republicans, not Democrats, and not even Tea Partiers – want you to realize how precarious our government's finances really are. They can't afford for you to understand this dilemma... or what it means. Because here's the thing... And this is the big secret the government hopes you never understand... According to even my most conservative calculations (again, using numbers provided by the Congressional Budget Office) a debt default by the U.S. government would be inevitable – were it not for one simple anomaly...the one thing that has saved the United States so far. I'm talking about our country's unique ability to simply print more money. You see, the U.S. government has one very important weapon to use in this crisis so far: We are the only debtor in the world that can legally print U.S. dollars. And the U.S. dollar is what's known as "the world's reserve currency." The dollar forms the basis of the world's financial system. It is what banks around the world hold in reserve against their loans. Again, that's a secret most politicians don't understand: As things stand now, the U.S. government can't go broke in any ordinary sense of the word because it can simply print dollars to pay for its bad debts. (It's been doing so since March of 2009.) That might sound pretty good at first. Since we can always just print more money, what is there to worry about...? Well, let me show you... Why Our Biggest Advantage Is About to Disappear You see, as things stand today, America is the only country in the world that doesn't have to pay for its imports in a foreign currency. Here's what I mean... Let's say you're a German and you want to buy oil from Saudi Arabia. You can't just pay for your oil in German marks (or euros), because the oil is priced in dollars. So you have to buy dollars first, then buy your oil. And that means the value of the German currency is of great importance to the German government. To maintain the value of its currency, Germans must produce at least as much as they consume from around the world...otherwise the value of its currency will begin to fall, causing prices to rise and its standard of living to decline. But in America...? We've been able to consume as much as we want without worrying about acquiring the money to pay for it, because our dollars are accepted everywhere around the world. In short, for decades now, we haven't had to produce anything or export anything to get all the dollars we needed to buy all the oil (and other goods) our country required. All we had to do was borrow and print more money. And boy did we. Take a look at this chart... Even as late as the 1970s, America was the world's largest creditor. But by the mid-1980s we'd become a debtor to the world. And since the late 1990s we've been the world's LARGEST debtor. Today, our government owes more money to more people than anyone else in the world. With all of these bad debts piling up, we've had to begin repaying our debts by printing trillions of new dollars. With QE3, the latest round of "quantitative easing," the Fed is printing $65 billion a month. That's nearly a trillion dollars a year. And now, finally, the impact of this is being felt in a big way. As our creditors figure out what's happening, we are beginning to have very, very big problems. I believe our creditors (which include foreign countries and other investors here and abroad) will either completely stop accepting dollars in repayment... or greatly discount the value of these new dollars. I'm sure you think that sounds crazy, but as I'll show you, it is already happening. In fact, Zha Xiaogang, a researcher at the Shanghai Institutes for International Studies, recently said: The shortcomings of the current international monetary system pose a big threat to China's economy." That's why China is now actively taking steps to phase out the U.S. dollar because of its frustration with the U.S. government's mismanagement of our currency. And how does our government respond? We have the audacity to label China a "currency manipulator!" Do you see the irony here? As a result of what our government is doing today, I'm confident we will soon see an end of the U.S. dollar standard. In fact, I'm 100% sure of it. It's not a matter of "if," but "when." And I think it's going to happen much, much sooner than most people think. In fact, I believe that the series of new laws, that went into effect on July 1st, 2014, are going to accelerate this trend... in very dramatic fashion. Even more importantly, these new regulations will make it nearly impossible for most Americans to legally protect their savings... so it's imperative that you get the facts, learn what you can do, and take action before that date. And I'm going to get to all of that in just a minute. Of course, I'm not the only one talking about the U.S. dollar losing its reserve currency status. Even some mainstream publications like the New York Post are recognizing the inevitability of this event. The Post recently reported that, "The US dollar is getting perilously close to losing its status as the world's reserve currency. Should it cross the line, the 2008 financial crisis could look like a summer storm." And billionaire Ray Dalio of Bridgewater Associates, the largest and best-performing hedge fund in the world, told CNBC that it is "inevitable that the dollar's role as the world's currency will diminish from the dominant world currency to one of a few." "It will fade probably fairly quickly, so the United States, which accounts for almost two-thirds of the reserves will probably go down to 50 percent of the world's reserves." Keep in mind, the U.S. dollar has been the world's reserve currency for decades now... so most Americans don't have a clue about what the repercussions are of losing this status. And maybe you think it could never happen... but the truth is, this is exactly what happens when countries get too far in debt or when they consume too much or produce too little. In fact, the same thing happened to Great Britain in the 1970s. First Britain… Now America Most people don't know this, but Britain's sterling was the reserve currency for most of the world for nearly 200 years... for most of the 18th and 19th centuries. It continued to play this role until after World War II, when America was forced to prop up Britain's economy with foreign aid –remember the famous Marshall Plan, when we gave billions to help European countries rebuild? Unfortunately though, Britain pursued a socialist national agenda. The government took over all of the major industries. Like Barack Obama, Britain's leaders wanted to "spread the wealth around." Pretty soon the country was flat broke. The final straw for Britain came in 1967, when things got so bad the Labour Party (the socialists) decided to "devalue" the British currency by 14%, overnight. They believed this would make it easier for people to afford their debts. In reality, what it did was make anyone holding British sterling 14% poorer, overnight, and it made everything in Britain, much, much more expensive in the coming years. And for the country as a whole, it ushered in one of the worst decades in modern British history. Most Americans don't know about Britain's "Winter of Discontent" in the late 1970s, when the government put a freeze on wages. There were continuous strikes in nearly every sector... grave diggers, trash collectors... even hospital workers. Things got so bad at one point that many hospitals were reduced to accepting only emergency patients. And mothers giving birth had to bring their own linens. In 1975, inflation in Britain skyrocketed 26.9%... in a single year! The government also imposed what was known as the "Three Day Week" in 1974. In short, businesses were limited to using electricity for only three specified consecutive days' each week and they were prohibited from working longer hours on those days. Television companies were required to cease broadcasting at 10:30pm... to save electricity. Just how bad were things, exactly? Well, here's a photo of the garbage that piled up because they didn't have enough money to pay trash collectors a fair wage... Imagine... Britain was a global superpower for 150 years. But when they started intentionally devaluing their currency, things went straight downhill. It's now obviously clear that the same thing that happened to Britain's sterling when it was the world's reserve currency, is now happening to the U.S. dollar. In fact, the exchange value of the U.S. dollar has fallen nearly 20% since mid-2003, according to data from the Federal Reserve itself. As the U.S. dollar continues to lose its position as the world's currency, gas, oil, and other commodities will continue to skyrocket. Almost EVERYTHING we consume will get dramatically more expensive. All the clothing, furniture, and household goods we import from China. All the food we get from Central and South America... all the electronics, televisions, computers, and cars we get from Asia and Europe. And when you look back over the past few years, the numbers are startling... The chart below shows how much a few key commodities have skyrocketed in price, just since the beginning of 2009... And the point here is simple... As we print more money, the price of the world's most essential commodities have soared. This is NOT a coincidence. Around the world, as we print, prices soar... citizens protest... governments get overthrown. And it's only going to get worse... Because here's the important fact you simply must understand about the United States right now: Our government can NOT stop printing money because there is no possible way for us to actually afford our existing debts. No one wants you to know this. No one. That's why, despite the obvious inflation going on all around the world, the Fed continues to say there's no inflation at all. And that's the scary part, to me. Just like in a Third World country, the government is radically devaluing the dollar and simply lying to everyone about what is really happening. Whether you realize it or not, there is already a "run" on the dollar. Many of our creditors, like the Chinese, are getting out of the dollar as fast as they can via strategic commodities, like copper, gold, and oil. That's partly why commodity prices are soaring. Unfortunately, skyrocketing commodity prices are just the beginning. There are other disastrous consequences to the U.S. dollar losing status as the world's currency... For example, as demand for U.S. dollars around the globe decreases, interest rates will skyrocket. Instead of getting a mortgage at today's incredibly low rates of around 3%, it might cost you 8%... or even 10%... or 15%. Imagine what that would do to housing prices! Stock prices could plummet by at least 40% in a matter of weeks. But believe me, it's going to get much, much worse from here. As investment banker and best-selling author James Rickards writes in his new book Currency Wars: "If the currency collapses, everything else goes with it... stocks, bonds, commodities, derivatives and other investments are all priced in a nation's currency. If you destroy the currency, you destroy all markets and the nation." That's the harsh reality we are facing. And it's what no politician will ever tell you. What's happened over the past few years is that investors are finally wising up to the mess that we are in. This is why countries like Germany are taking a vast amount of their gold stored around the world, and bringing it back home. They are worried. And they have every right to be. In the financial world, they refer to this as "capital flight." And what it means is, when people figure out that their savings in U.S. dollars are in jeopardy, they look for better and safer alternatives. And the really scary thing to me is, the U.S. government is trying to make protecting yourself all but impossible, with the new rules that just went into effect on July 1st. I'll get to the specifics in just a minute. This is why gold prices went up for 12 straight years before finally taking a break in 2013. They began skyrocketing at the start of 2014. It's happening because people want to protect their savings. As far as we are aware, no other asset has ever gone up for 12 straight years, in the history of our nation. This is why truly outlandish ideas like Bitcoin and other "cryptocurrencies" are now making the cover of mainstream magazines like Time and Bloomberg BusinessWeek. People are getting truly desperate to protect their savings. But remember, we are not the first to go through this... When Germans realized their currency was being destroyed in the 1920s, they got their money into Swiss francs and gold as quickly as possible. When Argentineans realized their currency was being destroyed in recent years, they did the same—by moving money as quickly and as quietly as possible into a safer currency and into "hard assets" like land and precious metals. And it's the same with the U.S. dollar right now. As it continues to lose its position as the world's reserve currency, it will cause a brutal downturn in our economy, which will be about 10-times worse than the mortgage crisis of 2008. Remember, we bailed ourselves out of the last crisis by simply printing trillions and trillions of new dollars. In a currency crisis, that's not possible. Printing money only makes the situation worse. Again, I'm not the only one saying this... As Barron's reported... "The demand for dollars from the rest of the world has been of inestimable benefit to the U.S. economy. It quite simply allows Americans to consume more than they produce and save less than they invest; in other words, to live beyond our means." And listen to what Sam Zell, one of the richest people in America according to Forbes magazine, said on a rare interview with CNBC. Zell said: "My single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country. I'm hoping against hope that ain't gonna happen, but you're already seeing things in the markets that are suggesting that confidence in the dollar is waning. I think you could see a 25% reduction in the standard of living in this country if the U.S. dollar was no longer the world's reserve currency. That's how valuable it is." You see, what will also happen as a result of this looming currency crisis, and the end of the U.S. dollar as the world's reserve currency, is a massive inflation in America, the likes of which we have never seen before. When everyone is trying to get rid of their U.S. dollars and our federal government just continues printing more, this crisis will reach epic proportions. Remember, we as Americans are not immune to the basic laws of economics and finance. Over the past 100 years, many other governments have tried to do what our government is doing today... that is, printing money to pay for insurmountable debts. And in the past 100 years, this type of inflation and debt crisis has reared its ugly head in Germany, Russia, Austria, Argentina, Brazil, Chile, Poland, the Ukraine, Japan, and China, just to name a few. Greece is falling apart. Italy, Ireland, Portugal and Spain are all in trouble. And now the same process is well underway in the United States. As Bill Gross, founder, managing director and co-CIO of PIMCO wrote recently: "The future price tag of printing six trillion dollars worth of checks comes in the form of inflation and devaluation of currencies..." And George Melloan of the Wall Street Journal echoed these sentiments when he said: "Indeed, it is unlikely that Americans themselves will escape the inflationary consequences of current Fed policy.... The Fed is financing a vast and rising federal deficit, following a practice that has been a surefire prescription for domestic inflation from time immemorial." It's painfully clear that we have a major, major problem on our hands. Perhaps we could right the ship if we could drastically reduce costs and cut spending. But that's the EXACT OPPOSITE of what our politicians are doing today. But our political leaders are now on a runaway, suicide course. They've come to believe that narrowing the tax base and printing billions and billions of dollars is the formula for prosperity. It has never worked, EVER, in human history, and it will never work now. Like I said, these theories have all been tried in many other places around the world – Zimbabwe, Argentina, Germany after World War I... and they never work. No nation in history ever became wealthier by going deeply into debt and then printing the money required to repay the loans. And despite what nearly all politicians seem to think... and what many pop-culture "economists" appear to believe, I 100% GUARANTEE it will not work here, either. Unfortunately, the success the Fed has enjoyed (so far) in expanding the monetary base and manipulating the Treasury bond market has greatly emboldened our politicians. But when you take a closer look, you realize that everything on the federal and state level is a complete and absolute mess, because our government has been living way beyond its means for so long... Is Your State as Broke as These Places? Did you know that according to the Center on Budget and Policy Priorities, a Washington, D.C.-based think-tank, some 31 states had to close $55 billion in shortfalls for the 2013 fiscal year? As the Center recently reported: "These gaps are all the more daunting because states' options for addressing them are fewer and more difficult than in recent years." And the Federal Reserve Bank of New York recently found that municipal bond defaults are in fact much greater than rating agencies have reported. Standard & Poor's reported 47 defaults between 1986 and 2011, but according to the New York Fed, there were in fact 2,366 -- FIFTY times more. Remember, unlike the federal government, states can't typically run a deficit, so they are taking drastic steps to cut back. For instance... ** A town in Ohio turned off 766 of the town's 5,200 streetlights – which will remain turned off for two years. They hope to save $185,000. ** Philadelphia announced it is closing 37 schools, because the district is "out of time and out of options," according to Superintendent William Hite. ** A 2014 study by Stanford University says the problem is much bigger in many states than people suspect, because states are currently permitted to treat borrowed funds as revenue and ignore the full cost of deferred compensation promises when reporting expenses. Those sorts of actions allow elected officials to report balanced budgets now when they are actually creating debts that must be paid off in the future. The report concluded that: "Without deep-seeded reform... the future health of America's communities and its economy are at great risk of another deterioration." New Jersey Governor Chris Christie, confirmed that state budget problems are going on all over the country... He told 60 Minutes... "It's not like you can avoid it forever, 'cause it's here now. And we all know it's here. And the federal government doesn't have the money to paper over it anymore, either, for the states. The day of reckoning has arrived. That's it. And it's gonna arrive everywhere. Timing will vary a little bit, depending upon which state you're in, but it's comin'. "We spent too much on everything. We spent too much. We spent money we didn't have. We borrowed money just crazily. The credit cards maxed out, and it's over. It's over." That's why Christie and other governors around the country are now introducing bills to slash pension benefits to government employees. As laughable as these steps are, at least they are taking steps in the right direction—making drastic and dramatic changes to save money. And although it's gone almost completely unreported in the mainstream press, six U.S. communities were actually forced to declare bankruptcy in 2010... and there were a slew of new municipal bankruptcies in 2011 as well, including Jefferson County, Alabama, which at the time was the largest municipal bankruptcy in U.S. history. Of course, that was topped in 2012, when three California municipalities declared bankruptcy in a matter of weeks, including the next "largest municipal bankruptcy in U.S. history"... Stockton, a city of 290,000 people east of San Francisco. And then we had the bankruptcy of Detroit in July of last year. Of course, I've been analyzing the problems in the Motor City for many years now. In fact, I wrote back in 2009 that: "there is no way to argue that what the government has done to Detroit is anything but a horrendous crime." I knew Detroit was going bankrupt years before it was announced. Just like I knew other big institutions like GM, Fannie Mae, and Freddie Mac would all go bankrupt too. It's simply a matter of understanding basic math. Just like the U.S. federal government right now, there was no way any of these institutions could hope to meet all of their future obligations. And getting back to the dire state of affairs on the local government level, keep this in mind: Only about half the states in the country (27 in all) allow municipalities to declare bankruptcy. If it were allowed everywhere, I'm sure we'd see twice as many bankruptcies as we're seeing today. But for most places where bankruptcy is not allowed... they just keep kicking the can down the road, rather than address the real problems. In Baltimore, for example, where my firm's offices are headquartered, the city can't legally declare bankruptcy. But that doesn't mean it isn't essentially bankrupt. An independent audit solicited by the mayor recently shows the city will be $2 billion short of the money it needs over the next decade. As one of local news station reported: the "City of Baltimore is on a path to financial ruin." And the truly amazing thing is that the U.S. federal government is in even worse shape than the local governments! The only reason we haven't seen the full brunt of this crisis yet on the federal level is because we've just continued to pile on more and more debt. The states can't print money... but the federal government can (at least for now). And for the moment, this is all that is preventing a currency collapse of unprecedented proportions. ** And this is the important point to remember: What most people don't realize is that the U.S. government can only continue printing dollars... as long as the U.S. dollar remains the world's reserve currency. I can't stress this enough: You need to act now in order to protect your assets, and grow your savings in the next few years. In the next few minutes, I'm going to show you exactly how I'm protecting my own money, and what I recommend you do. But first, let me show you what exactly is going on right now...
15 days ago
Burch Last month, the U.S. became the largest producer of oil and natural gas liquids (NGLs). According to the International Energy Agency (IEA), the U.S. surpassed Saudi Arabia for the top spot. The surge in production is due to the massive amounts of oi Read more ... l and gas being produced in the various U.S. shale plays, thanks to hydraulic fracturing. According to Bank of America, the U.S. is "very likely" to continue to hold that spot through this year. The U.S. produced more than 11 million barrels of oil and NGLs in the first quarter, making it the world's top producer. The IEA says U.S. production will hit 13.1 million barrels a day in 2019 before plateauing. And it believes we'll lose the top spot in 2030. For now, we largely have the oil boom to thank for our economic recovery… "There's a very strong linkage between oil production growth, economic growth, and wage growth across a range of U.S. states," Bank of America's head of commodities research, Francisco Blanch, told Bloomberg. He said annual investment in oil and gas reached a record $200 billion, hitting 20% of the country's total private fixed-structure spending for the first time. This development is nothing new for Stansberry's Investment Advisory subscribers… Porter and his team of research analysts have covered the shale boom for years. They've made subscribers a fortune: 200% on Targa Resources (TRGP), 81% on Energy Transfer Equity (ETE), 57% on Dominion Resources (D), and 37% on Devon Energy (DVN)… to name a few. Porter and his team primarily recommended oil producers, infrastructure firms, and some "picks and shovels" companies to profit from the oil boom. But they also recommended railroad company Union Pacific (UNP). (Shares are up 87% in two-and-a-half years.) Porter's argument was that we're producing so much oil, pipelines have reached capacity. So companies are shipping oil via trucks and rail. In 2010, rail transportation in North Dakota's Bakken Shale was used to ship out 8% of production. That grew to 28% of production in 2012. According to the Association of American Railroads, the amount of oil and other refined petroleum products transported by rail hit 356,000 carloads in the first half of 2013, up 48% over the same period in 2012. Rails are now hauling around 700,000 barrels of oil per day in the U.S. Companies are working to expand pipeline capacity, but it takes a long time. And according to the latest American Association of Railroads numbers, rail demand from the oil industry is still booming. In June, total weekly rail carloads averaged 294,414 – the highest average for June since 2008. And the carload growth in the quarter from March to June was the highest average for any four-month period since December 2010. The number of cars used for "petroleum and petroleum products" was 15,894 in the week ended June 28 – an 18.5% increase from 2013. The oil industry showed the biggest growth of any sector for the time period. Grain was next with a 12.9% increase.
15 days ago
David Richard Maybury and Porter Stansberry are two of THE most important people to pay attention to if you want to keep on top of what's happening in the world of economics, politics & social rest/unrest. … Maybury is more geared for Big Picture & Civil Read more ... ization level understandings. Stansberry is more at the level of day-to-day & year-to-year what's happening in economics & finance. There is a lot of overlap, so I am over-generalizing here, but please check these guys out.
Stansberry Radio Interview Series: What free-market master Richard Maybury is thinking now… | The Cr
fw.to
Welcome back to the Stansberry Radio Interview Series. As you know, every Saturday the Stansberry Radio Network brings you the most valuable ideas from the most intriguing guests from all of our shows. This week Porter Stansberry...
18 days ago
Denise Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth 07.01.2014 BY KELLY BROWN Free market economists are not going to be happy about this... A major financial news source just published shocking details about a r Read more ... esearch report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end. In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. In Argentina...citizens must pay an extra tax on vacations abroad. In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2007 he announced GM would go bankrupt and then he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen... not here... Stansberry believes new laws that just went into effect on July 1st of this year could dramatically accelerate this process. Now a currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. They are also offering to send you a free report explaining the #1 way to legally protect some of your money from the government. Get the facts and protect yourself here. SEE ALSO: The catastrophic events that just went live on July 1, 2014
18 days ago
Christy Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth 07.01.2014 BY KELLY BROWN Free market economists are not going to be happy about this... A major financial news source just published shocking details about a r Read more ... esearch report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end. In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. In Argentina...citizens must pay an extra tax on vacations abroad. In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2007 he announced GM would go bankrupt and then he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen... not here... Stansberry believes new laws that just went into effect on July 1st of this year could dramatically accelerate this process. Now a currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. They are also offering to send you a free report explaining the #1 way to legally protect some of your money from the government. Get the facts and protect yourself here. SEE ALSO: The catastrophic events that just went live on July 1, 2014
19 days ago
Leisa porter stansberry's "financial scarelore" http://www.snopes.com/politics/conspiracy/hr2847.asp
snopes.com: H.R. 2847 - July 1, 2014 the U.S. Dollar Will Officially Collapse
www.snopes.com
Will the U.S. dollar officially collapse after 1 July 2014 due to the implementation of H.R. 2847?
19 days ago
Dale DEMAND A GOLD STANDARD....Zionists around the world will shriek in agony! #bringdowntheillusionofmoney
Ep. 163 Richard Duncan – Get Ready For QE4
www.stansberryradio.com
This week, Richard Duncan, publisher of quarterly video newsletter Macro Watch, joins Stansberry Radio to talk about the future of the global credit nightmare.
19 days ago
Eccentricous Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Free market economists are not going to be happy about this... A major financial news source just published shocking details about a research report by two employees at the Federal Read more ... Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end. In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. In Argentina...citizens must pay an extra tax on vacations abroad. In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2007 he announced GM would go bankrupt and then he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen... not here... Stansberry believes new laws that just went into effect on July 1st of this year could dramatically accelerate this process. Now a currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. They are also offering to send you a free report explaining the #1 way to legally protect some of your money from the government. Get the facts and protect yourself here. 07.01.2014 BY KELLY BROWN SEE ALSO: The catastrophic events that just went live on July 1, 2014 http://www.wealthreporter.com/sa/fed-employees-trap-c.html?mvcode=212521
Wealth Reporter - The Golden Truth
www.wealthreporter.com
A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets.
21 days ago
Eduardo Vital Info: The One Thing I Got Wrong About the "End of America" http://www.dailywealth.com/2351/end-of-america-one-thing-wrong
Porter Stansberry: One Thing I Got Wrong About the "End of America"
www.dailywealth.com
In many ways, I would argue that my End of America warnings were right... and that this process is currently underway. But there was one way my prediction was wrong...
21 days ago
Vote
Stansberry: Alex Gives A Rousing Pro-Humanity Speech
Alex gives an Inspirational speech at the Stansberry Society conference in Dallas Texas on May 31st. He makes the point that free societies are prosperous so...
21 days ago
Sam MIDNIGHT LAST NIGHT IT TO OK AFFECT! ! 07.01.2014 Free market economists are not going to be happy about this... A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Ban Read more ... k. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end. In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. In Argentina...citizens must pay an extra tax on vacations abroad. In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2007 he announced GM would go bankrupt and then he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen... not here... Stansberry believes new laws that just went into effect on July 1st of this year could dramatically accelerate this process. Now a currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. They are also offering to send you a free report explaining the #1 way to legally protect some of your money from the government. Get the facts and protect yourself here. SEE ALSO: The catastrophic events that just went live on July 1, 2014
21 days ago
David Porter Stansberry clipped quote: The Greatest Danger America Has Ever Faced? I believe that we as Americans are about to see a major, major collapse in our national monetary system, and our normal way of life. Basically, for many years now, our gov Read more ... ernment has been borrowing so much money (very often using short-term loans), that very soon, we will no longer be able to afford even the interest on these loans. Again... I say these things as an expert in accounting and financial research. You may not think things are THAT BAD in the U.S. economy, or that our government spending is not "that bad," and I don't want to overwhelm you with numbers, but consider just one simple fact... Every single hour, of every single day, the U.S. government spends about $200 million that it doesn't have. Yes, that's every hour of every single day... 24 hours a day, seven days a week, including Sundays, Christmas, Thanksgiving, Easter, and every other holiday. For a point of reference, consider that in just two months, the government borrows more money than the combined annual profits of the 100 biggest publicly traded companies in America. That's absolutely incredible, isn't it? Again, every hour of every single day, we are spending $200 million we don't have. Does that sound sustainable to you? Dear Fellow American, Hello. My name is Porter Stansberry. Fifteen years ago, I founded Stansberry & Associates Investment Research. It has since become the largest firm of its kind in the world. Today we have more paid subscribers than many of America's most popular newspapers, including Barron's and Investor's Business Daily. We specialize in financial research, and serve hundreds of thousands of paid subscribers in more than 120 countries.Yet, you'll rarely see this fact reported anywhere else.
21 days ago
The
Center of the Universe Festival
Celebrate Summer with us! Ticket prices increase on July 12th. Purchase your tickets before the July 12th price increase and you'll receive your wristband in the mail. Plus, you'll be entered for a chance to win a Golden Ticket a/k/a FREE VIP UPGRAD Read more ... E! If you purchase tickets after July 12th you can pick your wristband up at Will Call desk at the festival. Wristbands will start going out this week, so be sure to keep an eye on your mailbox! Get your tickets here: www.CenteroftheUniverseFestival.com Tulsa World Tulsa World Scene Guthrie Green 97.5 KMOD BOK CenterBank of Oklahoma 92.1 The Beat Z104.5 The Edge George Kaiser Family Foundation Oklahoma Gazette Subkulture Lamar Advertising of Tulsa Signal Factory Deep Eddy Vodka Uber The Hunt Club The Vanguard Tulsa Cain's Ballroom The Yeti Chimera Bar46 Mason's Tulsa Laffa - Medi-Eastern Restaurant & Bar Club Majestic Tulsa The Brady Arts District Old Urban Trolley, Inc. Brady Theater #Tulsa #Oklahoma #Music #Supportlocalartist #Bradyartsdistrict Come and see: AWOLNATION Young the Giant Fitz & The Tantrums Capital Cities Cold War Kids twenty one pilots Z-Trip DJ Jazzy Jeff Greensky Bluegrass Yo Mama's Big Fat Booty Band Big D and the Kids Table Clear Plastic Masks Fly Golden Eagle Max Frost Space Capone Spoonfed Tribe DJ Moody Dante and the Hawks Fiawna Forté Horse Thief Matt Stansberry & The Romance Nuns Taddy Porter The Moai Broadcast Aaron Pierce ADMIRALS Afterlights AFTERMIDNIGHTt Alan Doyle Algebra All About A Bubble Allie Lauren And There Stand Empires Big Rahb Bison Witches Bitchcraft Brother Rabbit Captain Munch Carnegie Chateau Creepozoidz DEERPEOPLE Derrick Weber Music Desi and Cody Dovetaill EH3 (@Eric Eric Himan Band) FM Pilots Gogo Plumbay Guardant Hikes Honeylark I Heard A Lion I Said Stop! Ings Jason Ferguson Jason Swanson Music Jay Coop Music Josh Sallee Jumpship Astronaut Kawnarr Kelli Lynn and the Skillet Lickers Kids In The Street KiiD H4WK Klondike5 String Band La Lune Larry g(EE) Little Radar Lizard Police Magic Pageant Mexican Cartel Mighty Mountain Moongiant née Nicnos NØÎZMËKKÃ Oilhouse Otis the Destroyer Pageantry Paperscissor Pinkish Black Posh Maverick ft. Jake Wesley Rogers Radioactivity Red Wood Rising Roger Jaeger music Seven Story Fall Sick/Sea SocietySociety Stardeath and White Dwarfs Staying For The Weekend Steve Liddell Summit Tallows The Boogie The Bourgeois The Dusty Pearls Fabulous Minx The Happen-Ins The Loaded Dice The Rude Amps The Secret Postt The Wright Brothers Thick as Thieves Verse & The Vapors Warrbuckss We The Ghost Well Hung Heart Weston & The Outsiders Wyland Zeke Duhon
21 days ago
Okcate How cool is this?!? Also, if you are still looking to get in on the volunteer action, email me at okcate@tulsanity.com to find out how to be a part of Center of the Universe Festival 2014!
Center of the Universe Festival
Celebrate Summer with us! Ticket prices increase on July 12th. Purchase your tickets before the July 12th price increase and you'll receive your wristband in the mail. Plus, you'll be entered for a chance to win a Golden Ticket a/k/a FREE VIP UPGRAD Read more ... E! If you purchase tickets after July 12th you can pick your wristband up at Will Call desk at the festival. Wristbands will start going out this week, so be sure to keep an eye on your mailbox! Get your tickets here: www.CenteroftheUniverseFestival.com Tulsa World Tulsa World Scene Guthrie Green 97.5 KMOD BOK CenterBank of Oklahoma 92.1 The Beat Z104.5 The Edge George Kaiser Family Foundation Oklahoma Gazette Subkulture Lamar Advertising of Tulsa Signal Factory Deep Eddy Vodka Uber The Hunt Club The Vanguard Tulsa Cain's Ballroom The Yeti Chimera Bar46 Mason's Tulsa Laffa - Medi-Eastern Restaurant & Bar Club Majestic Tulsa The Brady Arts District Old Urban Trolley, Inc. Brady Theater #Tulsa #Oklahoma #Music #Supportlocalartist #Bradyartsdistrict Come and see: AWOLNATION Young the Giant Fitz & The Tantrums Capital Cities Cold War Kids twenty one pilots Z-Trip DJ Jazzy Jeff Greensky Bluegrass Yo Mama's Big Fat Booty Band Big D and the Kids Table Clear Plastic Masks Fly Golden Eagle Max Frost Space Capone Spoonfed Tribe DJ Moody Dante and the Hawks Fiawna Forté Horse Thief Matt Stansberry & The Romance Nuns Taddy Porter The Moai Broadcast Aaron Pierce ADMIRALS Afterlights AFTERMIDNIGHTt Alan Doyle Algebra All About A Bubble Allie Lauren And There Stand Empires Big Rahb Bison Witches Bitchcraft Brother Rabbit Captain Munch Carnegie Chateau Creepozoidz DEERPEOPLE Derrick Weber Music Desi and Cody Dovetaill EH3 (@Eric Eric Himan Band) FM Pilots Gogo Plumbay Guardant Hikes Honeylark I Heard A Lion I Said Stop! Ings Jason Ferguson Jason Swanson Music Jay Coop Music Josh Sallee Jumpship Astronaut Kawnarr Kelli Lynn and the Skillet Lickers Kids In The Street KiiD H4WK Klondike5 String Band La Lune Larry g(EE) Little Radar Lizard Police Magic Pageant Mexican Cartel Mighty Mountain Moongiant née Nicnos NØÎZMËKKÃ Oilhouse Otis the Destroyer Pageantry Paperscissor Pinkish Black Posh Maverick ft. Jake Wesley Rogers Radioactivity Red Wood Rising Roger Jaeger music Seven Story Fall Sick/Sea SocietySociety Stardeath and White Dwarfs Staying For The Weekend Steve Liddell Summit Tallows The Boogie The Bourgeois The Dusty Pearls Fabulous Minx The Happen-Ins The Loaded Dice The Rude Amps The Secret Postt The Wright Brothers Thick as Thieves Verse & The Vapors Warrbuckss We The Ghost Well Hung Heart Weston & The Outsiders Wyland Zeke Duhon
21 days ago
Debra Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth 07.01.2014 BY KELLY BROWN Free market economists are not going to be happy about this... A major financial news source just published shocking details about a res Read more ... earch report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end. In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. In Argentina...citizens must pay an extra tax on vacations abroad. In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2007 he announced GM would go bankrupt and then he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen... not here... Stansberry believes new laws that just went into effect on July 1st of this year could dramatically accelerate this process. Now a currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. They are also offering to send you a free report explaining the #1 way to legally protect some of your money from the government. Get the facts and protect yourself here. SEE ALSO: The catastrophic events that just went live on July 1, 2014
21 days ago
Nikki
Center of the Universe Festival
Celebrate Summer with us! Ticket prices increase on July 12th. Purchase your tickets before the July 12th price increase and you'll receive your wristband in the mail. Plus, you'll be entered for a chance to win a Golden Ticket a/k/a FREE VIP UPGRAD Read more ... E! If you purchase tickets after July 12th you can pick your wristband up at Will Call desk at the festival. Wristbands will start going out this week, so be sure to keep an eye on your mailbox! Get your tickets here: www.CenteroftheUniverseFestival.com Tulsa World Tulsa World Scene Guthrie Green 97.5 KMOD BOK CenterBank of Oklahoma 92.1 The Beat Z104.5 The Edge George Kaiser Family Foundation Oklahoma Gazette Subkulture Lamar Advertising of Tulsa Signal Factory Deep Eddy Vodka Uber The Hunt Club The Vanguard Tulsa Cain's Ballroom The Yeti Chimera Bar46 Mason's Tulsa Laffa - Medi-Eastern Restaurant & Bar Club Majestic Tulsa The Brady Arts District Old Urban Trolley, Inc. Brady Theater #Tulsa #Oklahoma #Music #Supportlocalartist #Bradyartsdistrict Come and see: AWOLNATION Young the Giant Fitz & The Tantrums Capital Cities Cold War Kids twenty one pilots Z-Trip DJ Jazzy Jeff Greensky Bluegrass Yo Mama's Big Fat Booty Band Big D and the Kids Table Clear Plastic Masks Fly Golden Eagle Max Frost Space Capone Spoonfed Tribe DJ Moody Dante and the Hawks Fiawna Forté Horse Thief Matt Stansberry & The Romance Nuns Taddy Porter The Moai Broadcast Aaron Pierce ADMIRALS Afterlights AFTERMIDNIGHTt Alan Doyle Algebra All About A Bubble Allie Lauren And There Stand Empires Big Rahb Bison Witches Bitchcraft Brother Rabbit Captain Munch Carnegie Chateau Creepozoidz DEERPEOPLE Derrick Weber Music Desi and Cody Dovetaill EH3 (@Eric Eric Himan Band) FM Pilots Gogo Plumbay Guardant Hikes Honeylark I Heard A Lion I Said Stop! Ings Jason Ferguson Jason Swanson Music Jay Coop Music Josh Sallee Jumpship Astronaut Kawnarr Kelli Lynn and the Skillet Lickers Kids In The Street KiiD H4WK Klondike5 String Band La Lune Larry g(EE) Little Radar Lizard Police Magic Pageant Mexican Cartel Mighty Mountain Moongiant née Nicnos NØÎZMËKKÃ Oilhouse Otis the Destroyer Pageantry Paperscissor Pinkish Black Posh Maverick ft. Jake Wesley Rogers Radioactivity Red Wood Rising Roger Jaeger music Seven Story Fall Sick/Sea SocietySociety Stardeath and White Dwarfs Staying For The Weekend Steve Liddell Summit Tallows The Boogie The Bourgeois The Dusty Pearls Fabulous Minx The Happen-Ins The Loaded Dice The Rude Amps The Secret Postt The Wright Brothers Thick as Thieves Verse & The Vapors Warrbuckss We The Ghost Well Hung Heart Weston & The Outsiders Wyland Zeke Duhon
22 days ago
Janice
Photos from Terry Benghazi Edgar's post in Stop The Treason
Must Read: Fed Employees Rollout A Bold Idea To Tr
22 days ago
Charles IN CASE YOU MISSED ANOTHER NEWS STORY THAT YOU NEVER HEARD ABOUT BECAUSE MSM DIDNT REPORT IT! Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth 07.01.2014 BY KELLY BROWN Free market economists are not going to b Read more ... e happy about this... A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and some are set to continue until year-end. In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. In Argentina...citizens must pay an extra tax on vacations abroad. In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2007 he announced GM would go bankrupt and then he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen... not here... Stansberry believes new laws that just went into effect on July 1st of this year could dramatically accelerate this process. Now a currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. They are also offering to send you a free report explaining the #1 way to legally protect some of your money from the government. Get the facts and protect yourself here.
22 days ago
Betsy Oh.... according to the far right crazies, Porter Stansberry's apocalyptic dream comes true tomorrow - Porter Stansberry can't WAIT for the US economy to collapse. Interesting that those "true patriots" are following his lead:
snopes.com: H.R. 2847 - July 1, 2014 the U.S. Dollar Will Officially Collapse
www.snopes.com
Will the U.S. dollar officially collapse on 1 July 2014 due to the implementation of H.R. 2847?
22 days ago
Center Celebrate Summer with us! Ticket prices increase on July 12th. Purchase your tickets before the July 12th price increase and you'll receive your wristband in the mail. Plus, you'll be entered for a chance to win a Golden Ticket a/k/a FREE VIP UPGRAD Read more ... E! If you purchase tickets after July 12th you can pick your wristband up at Will Call desk at the festival. Wristbands will start going out this week, so be sure to keep an eye on your mailbox! Get your tickets here: www.CenteroftheUniverseFestival.com Tulsa World Tulsa World Scene Guthrie Green 97.5 KMOD BOK CenterBank of Oklahoma 92.1 The Beat Z104.5 The Edge George Kaiser Family Foundation Oklahoma Gazette Subkulture Lamar Advertising of Tulsa Signal Factory Deep Eddy Vodka Uber The Hunt Club The Vanguard Tulsa Cain's Ballroom The Yeti Chimera Bar46 Mason's Tulsa Laffa - Medi-Eastern Restaurant & Bar Club Majestic Tulsa The Brady Arts District Old Urban Trolley, Inc. Brady Theater #Tulsa #Oklahoma #Music #Supportlocalartist #Bradyartsdistrict Come and see: AWOLNATION Young the Giant Fitz & The Tantrums Capital Cities Cold War Kids twenty one pilots Z-Trip DJ Jazzy Jeff Greensky Bluegrass Yo Mama's Big Fat Booty Band Big D and the Kids Table Clear Plastic Masks Fly Golden Eagle Max Frost Space Capone Spoonfed Tribe DJ Moody Dante and the Hawks Fiawna Forté Horse Thief Matt Stansberry & The Romance Nuns Taddy Porter The Moai Broadcast Aaron Pierce ADMIRALS Afterlights AFTERMIDNIGHTt Alan Doyle Algebra All About A Bubble Allie Lauren And There Stand Empires Big Rahb Bison Witches Bitchcraft Brother Rabbit Captain Munch Carnegie Chateau Creepozoidz DEERPEOPLE Derrick Weber Music Desi and Cody Dovetaill EH3 (@Eric Eric Himan Band) FM Pilots Gogo Plumbay Guardant Hikes Honeylark I Heard A Lion I Said Stop! Ings Jason Ferguson Jason Swanson Music Jay Coop Music Josh Sallee Jumpship Astronaut Kawnarr Kelli Lynn and the Skillet Lickers Kids In The Street KiiD H4WK Klondike5 String Band La Lune Larry g(EE) Little Radar Lizard Police Magic Pageant Mexican Cartel Mighty Mountain Moongiant née Nicnos NØÎZMËKKÃ Oilhouse Otis the Destroyer Pageantry Paperscissor Pinkish Black Posh Maverick ft. Jake Wesley Rogers Radioactivity Red Wood Rising Roger Jaeger music Seven Story Fall Sick/Sea SocietySociety Stardeath and White Dwarfs Staying For The Weekend Steve Liddell Summit Tallows The Boogie The Bourgeois The Dusty Pearls Fabulous Minx The Happen-Ins The Loaded Dice The Rude Amps The Secret Postt The Wright Brothers Thick as Thieves Verse & The Vapors Warrbuckss We The Ghost Well Hung Heart Weston & The Outsiders Wyland Zeke Duhon
22 days ago
Warrbuckss
Center of the Universe Festival
Celebrate Summer with us! Ticket prices increase on July 12th. Purchase your tickets before the July 12th price increase and you'll receive your wristband in the mail. Plus, you'll be entered for a chance to win a Golden Ticket a/k/a FREE VIP UPGRAD Read more ... E! If you purchase tickets after July 12th you can pick your wristband up at Will Call desk at the festival. Wristbands will start going out this week, so be sure to keep an eye on your mailbox! Get your tickets here: www.CenteroftheUniverseFestival.com Tulsa World Tulsa World Scene Guthrie Green 97.5 KMOD BOK CenterBank of Oklahoma 92.1 The Beat Z104.5 The Edge George Kaiser Family Foundation Oklahoma Gazette Subkulture Lamar Advertising of Tulsa Signal Factory Deep Eddy Vodka Uber The Hunt Club The Vanguard Tulsa Cain's Ballroom The Yeti Chimera Bar46 Mason's Tulsa Laffa - Medi-Eastern Restaurant & Bar Club Majestic Tulsa The Brady Arts District Old Urban Trolley, Inc. Brady Theater #Tulsa #Oklahoma #Music #Supportlocalartist #Bradyartsdistrict Come and see: AWOLNATION Young the Giant Fitz & The Tantrums Capital Cities Cold War Kids twenty one pilots Z-Trip DJ Jazzy Jeff Greensky Bluegrass Yo Mama's Big Fat Booty Band Big D and the Kids Table Clear Plastic Masks Fly Golden Eagle Max Frost Space Capone Spoonfed Tribe DJ Moody Dante and the Hawks Fiawna Forté Horse Thief Matt Stansberry & The Romance Nuns Taddy Porter The Moai Broadcast Aaron Pierce ADMIRALS Afterlights AFTERMIDNIGHTt Alan Doyle Algebra All About A Bubble Allie Lauren And There Stand Empires Big Rahb Bison Witches Bitchcraft Brother Rabbit Captain Munch Carnegie Chateau Creepozoidz DEERPEOPLE Derrick Weber Music Desi and Cody Dovetaill EH3 (@Eric Eric Himan Band) FM Pilots Gogo Plumbay Guardant Hikes Honeylark I Heard A Lion I Said Stop! Ings Jason Ferguson Jason Swanson Music Jay Coop Music Josh Sallee Jumpship Astronaut Kawnarr Kelli Lynn and the Skillet Lickers Kids In The Street KiiD H4WK Klondike5 String Band La Lune Larry g(EE) Little Radar Lizard Police Magic Pageant Mexican Cartel Mighty Mountain Moongiant née Nicnos NØÎZMËKKÃ Oilhouse Otis the Destroyer Pageantry Paperscissor Pinkish Black Posh Maverick ft. Jake Wesley Rogers Radioactivity Red Wood Rising Roger Jaeger music Seven Story Fall Sick/Sea SocietySociety Stardeath and White Dwarfs Staying For The Weekend Steve Liddell Summit Tallows The Boogie The Bourgeois The Dusty Pearls Fabulous Minx The Happen-Ins The Loaded Dice The Rude Amps The Secret Postt The Wright Brothers Thick as Thieves Verse & The Vapors Warrbuckss We The Ghost Well Hung Heart Weston & The Outsiders Wyland Zeke Duhon
22 days ago
Tee
Center of the Universe Festival
Celebrate Summer with us! Ticket prices increase on July 12th. Purchase your tickets before the July 12th price increase and you'll receive your wristband in the mail. Plus, you'll be entered for a chance to win a Golden Ticket a/k/a FREE VIP UPGRAD Read more ... E! If you purchase tickets after July 12th you can pick your wristband up at Will Call desk at the festival. Wristbands will start going out this week, so be sure to keep an eye on your mailbox! Get your tickets here: www.CenteroftheUniverseFestival.com Tulsa World Tulsa World Scene Guthrie Green 97.5 KMOD BOK CenterBank of Oklahoma 92.1 The Beat Z104.5 The Edge George Kaiser Family Foundation Oklahoma Gazette Subkulture Lamar Advertising of Tulsa Signal Factory Deep Eddy Vodka Uber The Hunt Club The Vanguard Tulsa Cain's Ballroom The Yeti Chimera Bar46 Mason's Tulsa Laffa - Medi-Eastern Restaurant & Bar Club Majestic Tulsa The Brady Arts District Old Urban Trolley, Inc. Brady Theater #Tulsa #Oklahoma #Music #Supportlocalartist #Bradyartsdistrict Come and see: AWOLNATION Young the Giant Fitz & The Tantrums Capital Cities Cold War Kids twenty one pilots Z-Trip DJ Jazzy Jeff Greensky Bluegrass Yo Mama's Big Fat Booty Band Big D and the Kids Table Clear Plastic Masks Fly Golden Eagle Max Frost Space Capone Spoonfed Tribe DJ Moody Dante and the Hawks Fiawna Forté Horse Thief Matt Stansberry & The Romance Nuns Taddy Porter The Moai Broadcast Aaron Pierce ADMIRALS Afterlights AFTERMIDNIGHTt Alan Doyle Algebra All About A Bubble Allie Lauren And There Stand Empires Big Rahb Bison Witches Bitchcraft Brother Rabbit Captain Munch Carnegie Chateau Creepozoidz DEERPEOPLE Derrick Weber Music Desi and Cody Dovetaill EH3 (@Eric Eric Himan Band) FM Pilots Gogo Plumbay Guardant Hikes Honeylark I Heard A Lion I Said Stop! Ings Jason Ferguson Jason Swanson Music Jay Coop Music Josh Sallee Jumpship Astronaut Kawnarr Kelli Lynn and the Skillet Lickers Kids In The Street KiiD H4WK Klondike5 String Band La Lune Larry g(EE) Little Radar Lizard Police Magic Pageant Mexican Cartel Mighty Mountain Moongiant née Nicnos NØÎZMËKKÃ Oilhouse Otis the Destroyer Pageantry Paperscissor Pinkish Black Posh Maverick ft. Jake Wesley Rogers Radioactivity Red Wood Rising Roger Jaeger music Seven Story Fall Sick/Sea SocietySociety Stardeath and White Dwarfs Staying For The Weekend Steve Liddell Summit Tallows The Boogie The Bourgeois The Dusty Pearls Fabulous Minx The Happen-Ins The Loaded Dice The Rude Amps The Secret Postt The Wright Brothers Thick as Thieves Verse & The Vapors Warrbuckss We The Ghost Well Hung Heart Weston & The Outsiders Wyland Zeke Duhon
22 days ago
Tiffany
JESUS CHRIST!!!! JUST CALL MY NAME AND I'LL COME RUNNIN!!!!!
Write Down This Date:July 1st, 2014 On this date, U.S. House of Representatives Bill “H.R. 2847” goes into effect. It will usher in the true collapse of the U.S. dollar, and will make millions of Americans poorer, overnight. You now have just Read more ... several months to prepare...   Dear Fellow American, Hello. My name is Porter Stansberry. Fifteen years ago, I founded Stansberry & Associates Investment Research. It has since become the largest firm of its kind in the world. Today we have more paid subscribers than many of America's most popular newspapers, including Barron'sand Investor's Business Daily. 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 four 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. And we believe it will accelerate at an extremely rapid pace, beginning in 2014, because of a devastating new law, about to go in effect. Very shortly, I'll explain more about the exact time and day this is all set to occur... and what it's all going to mean. I know that to most people, the situation seems to be getting better in America. Stocks have recovered 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 six 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 related to the financial crisis of 2008... but it is infinitely more dangerous, as I'll explain in this letter. As this problem comes to a head, I expect there will be a near-complete shut-down of the American economy. Life as we have known it for more than 40 years will essentially cease to exist. Our governments on both the Federal and State level will shut down. Banks will not open. Businesses will at least temporarily shutter their doors. I expect we'll see martial law, enforced by the U.S. military. Believe me, I don't make this prediction lightly and I have no interest in trying to scare you. I'm simply following my research to its logical conclusion. I did the same when I tracked Fannie Mae and Freddie Mac's accounting. Also with General Motors, Lehman Brothers and the rest. And when I began giving this warning in 2006 no one took me very seriously... not at first. Back then, most mainstream commentators just ignored me. http://pro.stansberryresearch.com/1404EOAJULY1/PPSIQ647/?h=true
23 days ago
Ricardo http://www.youtube.com/watch?v=nI-BIVWlc7A&NR=1&feature=fvwp
Porter Stansberry Research - The End of America
http://www.endofamerika.com This is from Stansberry Research I didn't create it. if you are new to this information and want to know more google "America Fre...
23 days ago
Terry Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth Free market economists are not going to be happy about this... A major financial news source just published shocking details about a research report by two employees Read more ... at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: •In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and are set to continue until year-end. •In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. •In Argentina...citizens must pay an extra tax on vacations abroad. •In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. For example, the U.S. government has plans to strong-arm some of the largest financial institutions in the world by imposing a 30% withholding tax on all transactions concerning U.S. securities. Most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2006 he announced GM would go bankrupt and in 2007 he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen… not here…Stansberry believes new laws set to go in place on July 1st 2014 will dramatically accelerate this process. A currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. Get the facts and protect yourself here. SEE ALSO: The catastrophic events planned for July 1, 2014 http://www.wealthreporter.com/sa/fed-employees-trap-c.html?mvcode=/211833/
23 days ago
Jenny
Jenny Ybarra
PLEASE READ THE ARTICLE OF PORTER STANSBERRY YOU WILL BE AMAZED........
29 days ago
Idalia are you reading this.....well you should Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth 06.02.2014 BY KELLY BROWN Free market economists are not going to be happy about this...A major financial news source ju Read more ... st published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets.If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy.Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets.If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis:In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and are set to continue until year-end.In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets.In Argentina...citizens must pay an extra tax on vacations abroad.In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period.You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says?Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements...Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis.According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.”SEE ALSO: Is your state as broke as these places?For more than 50 years, Americans have never really thought twice about the value of our currency.But times are rapidly changing. For example, the U.S. government has plans to strong-arm some of the largest financial institutions in the world by imposing a 30% withholding tax on all transactions concerning U.S. securities.Most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans.That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact.We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money.But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency.And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble.One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2006 he announced GM would go bankrupt and in 2007 he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition.WATCH: Learn more from Porter Stansberry, here.Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen… not here…Stansberry believes new laws set to go in place on July 1st 2014 will dramatically accelerate this process.A currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar.What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar?Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. Get the facts and protect yourself here.SEE ALSO: The catastrophic events planned for July 1, 2014
1 month ago
Hazel WEALTHREPORTER WEALTH REPORTER BLOG: THE GOLDEN TRUTH ADVERTORIAL Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth 06.02.2014 BY KELLY BROWN Free market economists are not going to be happy about this... A m Read more ... ajor financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and are set to continue until year-end.In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets....citizens must pay an extra tax on vacations abroad....recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. For example, the U.S. government has plans to strong-arm some of the largest financial institutions in the world by imposing a 30% withholding tax on all transactions concerning U.S. securities. Most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2006 he announced GM would go bankrupt and in 2007 he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen… not here…Stansberry believes new laws set to go in place on July 1st 2014 will dramatically accelerate this process. A currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. Get the facts and protect yourself here. SEE ALSO: The catastrophic events planned for July 1, 2014 Follow Our Blog Get direct access to everything published by DailyWealth.We respect your privacy. RECENT POSTS U.S. Dollar In Distress? Coming this July. Hold on to your checkbooks… America! [Devastating] Story here Learn More 3 Critical Survival Items What really killed 20 million in the 1918 flu epidemic? Protect yourself and get the answer here... Click Here The End of Obama White House Scandal? Shocking video reveals a white house scandal that could shut down the banks...Click Here $20 device could save your life in a crisis What's the most important thing you need in a crisis?Full Story Here The End Of American Stocks Soar – but some wealthy citizens are preparing for “The End of America”. Here's Why New Obama Law -- 1st Look New currency law goes into effect July 1st, 2014.[Devastating for Seniors] Learn More 2014 © Early To Rise Publishing, LLC
1 month ago
Jamie Please everybody do not ignore this . July first is only 8 days away.....
Porter Stansberry Research - The End of America
http://www.endofamerika.com This is from Stansberry Research I didn't create it. if you are new to this information and want to know more google "America Fre...
1 month ago
Ken Weekend Edition Porter Stansberry: Seven simple ways to beat the market... year after year Saturday, June 21, 2014 Today, a topic that I bet will surprise you... a review of the world's best exchange-traded funds (ETFs). I'm going to give you sev Read more ... en well-run ETFs that you can buy safely and enjoy their outstanding investment performance... even if you know absolutely nothing about investing and you have no desire to learn. This is for all of our readers who don't want to manage their own assets, but want better-than-reasonable returns on their savings. If you aren't familiar with ETFs, they're investment funds that can hold any of a variety of assets (like stocks, but also bonds or commodities). The key feature is their shares trade on public stock exchanges, so you can buy shares of them just as you would shares of an individual company's stock. What we're looking for in our list of the seven best ETFs isn't necessarily diversification or the cheapest possible fees... we're looking for funds that help investors succeed. We're looking for funds that are based on solid financial research and follow strategies that make sense to us. Most investors don't know this, but most of the money that goes into index funds and ETFs ends up being managed around the basis of the S&P 500 Index. That index, maintained by credit-rating giant Standard & Poor's, isn't designed to help investors. It's designed to help sell S&P's bond ratings to issuers – i.e. large public companies. The index is "weighted" toward the stocks with the largest market caps. Funds copying this index put most of their capital into the largest and most expensive stocks. That just doesn't make sense. They are literally deciding to "buy high" instead of trying to find smart ways to "buy low." Also, there's very little indication of the overall quality of the business. Bigger isn't necessarily better. Let's jump in... No. 1: Cambria Shareholder Yield Fund (SYLD) The basic idea here is simple... instead of buying the entire S&P 500, our friend, fund manager Meb Faber, has organized an ETF that owns nearly equal stakes in the top 100 highest "shareholder yield" stocks in the U.S. The list is determined by looking at the market cap (the value of all outstanding shares) and the combined value of the capital the company has returned to shareholders through dividends and share buybacks. Over time, this keeps investors' capital in the stocks that are treating their shareholders best and that are fairly priced. The result? Nearly guaranteed outperformance of the S&P 500 without lifting a finger. No. 2: WisdomTree Emerging Markets Equity Fund (DEM) The approach here is similar to Meb's SYLD, but instead of investing in large-cap U.S. stocks that treat shareholders well, DEM owns the top 100 highest-yielding emerging-market stocks. Its top holding today? Russia's huge natural gas company Gazprom (5.6% of the portfolio). Investing in emerging markets is hard because of the huge volatility, the poor disclosure, and the difficulty transacting in foreign markets. On the other hand, over most market cycles, emerging markets vastly outperform U.S. stocks. This fund allows you to own a huge basket of only the best emerging-market stocks. And it pays a large dividend (more than 4% currently) to reward you while you wait out the volatility. Companies in the index are weighted based on actual cash dividends paid. It's also currently a "buy" in Steve Sjuggerud's True Wealth. No. 3: U.S. Commodity Index Fund (USCI) You've got to be very careful when you buy a commodity fund – like the U.S. Oil Fund (USO) or the U.S. Natural Gas Fund (UNG). These ETFs sometimes do a terrible job of converting gains in commodity prices to profits for investors. That's because they invest in futures contracts on their specific commodity. So they have to roll their futures contracts forward. These markets are often in "contango" – meaning that the forward months' prices are much higher. In these situations, the cost of rolling their contracts forward eats up all (or most) of the profits. The U.S. Commodity Index Fund (USCI) overcomes that problem by investing in a range of different commodities – and only when their forward-pricing curves are in backwardation. That's the opposite of contango, and it allows the fund to make easy profits, even when commodity prices are flat. The fund invests the other half of its assets in commodities whose prices are moving higher at a rapid pace. By hopping on some of these trends, the fund can still make money (most of the time) despite the contango. There are a lot of moving parts here, as you can see, so for a full overview, I encourage you to read Steve's June 17 DailyWealth essay, where he published a full write-up on this unique commodity ETF. No. 4: Blackstone Mortgage Trust (BXMT) OK, this one is not really an ETF... it's a mortgage real estate investment trust (REIT), meaning it's a business that invests in mortgages. But it might as well be an ETF... It's managed by Blackstone, whose real-estate head (Jonathan Gray) is the most impressive Wall Street executive I've ever met. This is a leveraged fund that invests only in top-shelf commercial properties by owning their mortgages. It does so in a unique way that eliminates the big risks faced by most leveraged mortgage REITs. Unlike residential real estate, commercial property has very little pre-payment risk. So the fund is able to lock in its interest-rate spread by using both floating-rate financing and floating-rate mortgages. The fund is currently yielding more than 6%. No. 5: Market Vectors Unconventional Oil & Gas Fund (FRAK) Simple story here: The ongoing shale boom in the U.S. is going to get bigger – far bigger than anyone realizes, even now. We've recommended our favorites in our newsletters. But one ETF gives you immediate exposure to all of the leading shale-drilling firms – FRAK. Its top 10 holdings include most of our favorites: Anadarko, EOG, Devon, Pioneer, Noble, and Chesapeake. Careful... this will surely be a volatile ETF as it is focused on a booming sector that's very dependent on higher oil prices. Nevertheless, we think this is one of the best bets in the global markets right now. No. 6: PowerShares International Dividend Achievers (PID) This ETF owns 100 of the highest-yielding international stocks that have shares listed on one of the major global exchanges. It weights its fund into the highest-yielding stocks. (Two of its largest positions currently are units of Teekay Shipping, a company whose LNG shipping business has been a long favorite of my Investment Advisory newsletter). By sticking with only companies paying a good dividend and trading on major exchanges, a lot of the risk of buying foreign stocks has been removed. Also, by holding 100 companies, it offers plenty of diversification. The weighting toward higher dividends should help produce index-beating results over time. Lately, of course, this ETF has underperformed the U.S.-centric S&P... which might indicate it's a good time to buy. Certainly, this looks like a cheap index fund: The average price-to-earnings (P/E) ratio here is only 13 times earnings. And the average price-to-cash-flow ratio is a stunningly low 7 times. No. 7: SPDR Dow Jones International Real Estate (RWX) There's no really great international real estate ETF... yet. So in the meantime, I'd recommend just getting the broadest possible exposure to the best managers. This fund fits the bill. Here you're getting 100 of the biggest and best real estate firms in the world – Japan's Mitsui Fudosan, Canada's Brookfield Asset Management, Hong Kong's Link REIT, and the British Land Co. These are all legendary real estate firms... and you're getting all of them, from around the world. Over the past five years, the returns have been very good: 15% annually. Of course, that's the rebound from the global real estate crisis. But even so, I suspect the returns here will continue to be double-digit or better over the next 10 years at least. What you have here – with just six ETFs and one U.S.-based REIT – is a group of funds that offer you value, diversification, and smart investing strategies. What you'll pay for these funds is next to nothing. You don't need a broker. You don't need an asset planner. You don't even need to read our newsletters (although we hope you'll continue to do so anyway). Put equal parts of your portfolio into these seven investment vehicles, and you'll rarely have a down quarter. Year after year, you'll beat the international stock indexes. And in almost every year, you'll beat the S&P 500. Try to learn to allocate additional capital to this plan when other investors are panicking. But either way, learn to save something regularly – every month or every quarter at least. My advice? Just allocate funds to whichever has performed the worst over the previous three years. If you do this for 15-20 years, I have no doubt you will end up with far more money than you ever dreamed was possible. If you do this for 30-40 years (you've got to start early), you'll end up stupendously wealthy. There's no real trick to investing if you're disciplined enough to save, and if you only buy good assets and good companies at reasonable prices. These funds enable you to do that, and do it well, in what I consider to be all of the major areas of equity finance: U.S. stocks, foreign stocks, emerging-market stocks, U.S. real estate, global real estate, commodities, and energy. Regards, Porter Stansberry Editor's note: The Weekend Edition is pulled from the daily S&A Digest. The Digest comes free with a subscription to any of our premium products.
1 month ago
Ken
Stansberry: Alex Gives A Rousing Pro-Humanity Speech
Alex gives an Inspirational speech at the Stansberry Society conference in Dallas Texas on May 31st. He makes the point that free societies are prosperous so...
1 month ago
Tunde ETR “If you have made mistakes, even serious ones; there is always another chance for you. What we call failure is not the falling down but the staying down.” – Mary Pickford 10 Ways You May Waste Money When Starting a Business By Mark Morgan Read more ... Ford Here's just a short list of the misguided (and even ridiculous) business start-up advice I've read recently: Create an instant-impact message that describes the chief benefit of your business. Put it on business cards and brochures. Hand out hundreds of those business cards and brochures at business functions and meetings. Find a great office space and fill it with furniture. Take a field trip to discover how your product or service will satisfy people's desires. Protect your "great ideas" by registering your business name, logo, and slogan. Create a paper trail -- tracking all meeting dates, attendees, and discussions. Consult a lawyer and get his or her advice on how to set up the right legal structure for your business. Check with your municipality to make sure they permit you to operate a venture like yours out of your home. Buy business insurance and "talk to an accountant or attorney" to make sure you're not missing anything. Get a toll-free phone number (to give the impression that your business is much bigger than it really is). Don't miss these tools keeping you... If you do these things before you find out whether your product can sell... your business is practically guaranteed to fail. Entrepreneurship is based on selling. You test the market with a product you think will sell well. If it does, you keep selling. If it doesn't, you try something else. This approach lent its name to my most recent bestseller, Ready, Fire, Aim. The main point of the book is that to start and grow a small business, you must have a pragmatic, action-oriented mentality. Rather than spend too much time and money refining theoretical ideas, you develop a prototype quickly and then see if the market will buy it. As I said in the book, for every business that fails because of poor planning there are a dozen that never get off the ground because of too much planning. The Ready, Fire, Aim approach obviously doesn't apply to surgical procedures and rocket science. But it will be very useful for 90 percent of the new-business ideas you are likely to come up with. Want to start a business selling diamond-studded collars for kitty cats? Fine. There are two ways to go about that: You can spend most of your time and money designing and manufacturing a line of such collars -- and only after that is done, start to think about how you can sell them. You can make a single collar, go down to your local flea market or neighborhood pet shop, and see if you can find a customer for it. Most people start businesses the first way. That's why most businesses fail. But with the Ready, Fire, Aim approach, you devote 80 percent of your initial resources to discovering an efficient way to sell the product. Once you have done that, you have found the key to successfully market it. With that key in your pocket, you don't have to worry about all the other problems that will arise in the natural course of business. You won't have to worry, because you will be able to create the one thing that can solve almost every business problem: cash flow. Here, in a nutshell, is what I mean by Ready, Fire, Aim... Ready: Get your product idea ready. Make it good enough to sell. Don't worry about making it perfect. There will be time enough for that later. Fire: Start selling it. Sell it every way you can. Test different offers. Test different ad copy. Test different media. Keep testing until you discover something that works. This is what we refer to as your Optimum Selling Strategy (OSS). Aim: Expand your customer base by focusing on your OSS. As your customer base grows, develop business procedures to accommodate that growth. Hire the best people you can to manage your business. Discover, through "back-end" marketing tests, other products and services that your customers will buy. Use those discoveries to refine and perfect a fast-selling line. As this back-end business flushes cash into your company, invest a good deal of that cash into front-end marketing. Ready, Fire, Aim doesn't mean you are willing to be sloppy. Nor does it mean you are willing to sell second-rate products to your customers. On the contrary, Ready, Fire, Aim is the only truly practical way to find out what your market really wants from you. And for a small business, Ready, Fire, Aim is the best way to get from good to great. Think of it this way: When we say we have "a great new product idea," what do we really mean? When I say that, I mean I have a strong feeling that the product will sell well -- that it will be a big, commercial success. But the truth is, I have only a hunch about how well my idea will do. Experience has taught me that my hunches are often right... but not always. If I spend too much time and energy on a business based on conjecture, what happens if my assumptions don't pan out? What happens is that I'm left with nothing -- no money or materials or energy -- to start over again. The essence of entrepreneurship is the ability to try and fail and then try again. You can't do that if you blow your wad the first time you try. So nowadays when I get the feeling that I have a great idea, I figure out how I can test that idea as quickly and as cheaply as possible. Once I know the idea has "legs," I can roll out a sales program. And once a successful sales program is underway, I can refine and improve the product. The truth is, I can never perfect a product in isolation. I used to think I could, but, once again, experience has taught me the arrogance of that kind of thinking. To get from good to great, you need the help of superstar employees and, most of all, feedback from your customers. The best customer feedback comes not from surveys or focus groups but from marketing results. Find out what your customers want by selling things to them. This gets you back into the Ready, Fire, Aim loop. If I had to pick one thing -- one characteristic or quality of my work that is most responsible for the success I've had launching businesses -- I'd have to say it was this Ready, Fire, Aim mentality. It's something I believe in strongly. That's why I wince when I read the start-up advice of so many "experts" who advocate feel-good busywork over selling. Again, here's my advice for starting a business: 1. As soon as possible, get the product ready to test. 2. Test it as aggressively and creatively as you can. Spend 80 percent of your initial resources discovering the most cost-effective way to make the first sale (your Optimum Selling Strategy). 3. Refine and adjust your sales process as market conditions change. At the same time, gradually develop business procedures to service your customers and improve your products according to their buying preferences. share2.jpg facebook2.jpg twitter2.jpg Rate today's article star4.jpgstar4.jpgstar4.jpgstar4.jpgstar4.jpg [Ed Note: Mark Morgan Ford was the creator of Early To Rise. In 2011, Mark retired from ETR and now writes the Palm Beach Letter. His advice, in our opinion, continues to get better and better with every essay, particularly in the controversial ones we have shared today. We encourage you to read everything you can that has been written by Mark.] healthy.png HEALTHY Never Skip This Meal When You Are Sick Do you remember the old saying, "feed a cold, starve a fever"? Researchers from the Netherlands have recently discovered that the first half of this classic aphorism may in fact be true. Researchers analyzed the impact consuming a 1,200-calorie breakfast had on a man's immune system, versus eating nothing at all. They found that eating big and eating early increased blood levels of gamma interferon, a natural antiviral agent, by 450 percent. (Going hungry actually caused a 17 percent decrease.) If you're feeling a cold coming on, make sure you don't skip breakfast. Click here for more tips on how to fight colds this summer. wealthy2.png WEALTHY This 2-Step Plan Will Get You Hired Anywhere "If you ever want to get a job anywhere, you only need to do two things: No. 1: Come with something valuable to offer. That could be your resume, your contacts, your new business, even a very good idea. Whatever you have to offer, give it away freely for an opportunity merely to prove yourself. No. 2: Offer to work for free with no time off for a certain period of time to prove yourself. Few successful entrepreneurs would turn down that offer. And if you have enough talent, you'll end up with a great career 90% of the time. This is how I got my first job in financial research. I worked for free for two weeks, writing up stock recommendations in Latin America. To get the opportunity, I gave my first boss (Justin Ford) a manuscript I'd written in college. It was good. It proved I could write narratives. And then I worked, without a single day off, for four years. Most of that time, I lived on a sofa in Steve Sjuggerud's living room. Then I "graduated" to a $250-per-month walk up apartment in the most dangerous ghetto in Baltimore (North Avenue). This is also how we found our most valuable employee – our Editor in Chief, Brian Hunt. So don't tell me you can't do it. That's crap. I did it. And Hunt did it too." - Porter Stansberry wise2.png WISE Study Reveals the BEST Exercise to Relieve Your Anxiety Whether you have projects weighing on you at work or problems at home, researchers have found that the best way to cope with your anxiety is by writing your problems down. In one study, researchers observed students who were given the opportunity to write before an exam, those highest in test anxiety performed just as well as their less anxious classmates. “Writing about your worries for 10 minutes before an upcoming exam leveled the playing field such that those students who usually get most anxious during exams were able to overcome their fears and perform up to their potential,” Sian Beilock, University of Chicago said. Next time you're feeling anxious about work, write down all your worries before you leave the office. Whitelist Our Email | Customer Service We want your feedback! Let us know your thoughts on today's issue. Visit us at http://www.earlytorise.com/contact-us/ Copyright © 2014 Early to Rise, LLC. Early to Rise Publishing, LLC 14405 W Colfax Ave #309 Lakewood, Colorado 80401
1 month ago
Jenny PLEASE READ THE ARTICLE OF PORTER STANSBERRY YOU WILL BE AMAZED........
1 month ago
Matson According to Porter Stansberry's latest scare tactic ad, July 1st is the "true collapse" of the US dollar and the end of America... Catch our reaction here: http://ow.ly/ybkYS
Stansberry: End of America EP 256 06172014
Stansberry: End of America EP 256 06172014on Matson Money on Livestream - Watch live streaming Internet TV. Broadcast your own live streaming videos, like Matson Money in Widescreen HD. Livestream, Be There.
1 month ago
Vote Alex Jones speech in Dallas TX at the Porter Stansbury conference. Great comments on defeating the collective thought process.
Stansberry: Alex Gives A Rousing Pro-Humanity Speech
Alex gives an Inspirational speech at the Stansberry Society conference in Dallas Texas on May 31st. He makes the point that free societies are prosperous so...
1 month ago
Joy
Tunde Juwon Olotu
ETR “If you have made mistakes, even serious ones; there is always another chance for you. What we call failure is not the falling down but the staying down.” – Mary Pickford 10 Ways You May Waste Money When Starting a Business By Mark Morgan Read more ... Ford Here's just a short list of the misguided (and even ridiculous) business start-up advice I've read recently: Create an instant-impact message that describes the chief benefit of your business. Put it on business cards and brochures. Hand out hundreds of those business cards and brochures at business functions and meetings. Find a great office space and fill it with furniture. Take a field trip to discover how your product or service will satisfy people's desires. Protect your "great ideas" by registering your business name, logo, and slogan. Create a paper trail -- tracking all meeting dates, attendees, and discussions. Consult a lawyer and get his or her advice on how to set up the right legal structure for your business. Check with your municipality to make sure they permit you to operate a venture like yours out of your home. Buy business insurance and "talk to an accountant or attorney" to make sure you're not missing anything. Get a toll-free phone number (to give the impression that your business is much bigger than it really is). Don't miss these tools keeping you... If you do these things before you find out whether your product can sell... your business is practically guaranteed to fail. Entrepreneurship is based on selling. You test the market with a product you think will sell well. If it does, you keep selling. If it doesn't, you try something else. This approach lent its name to my most recent bestseller, Ready, Fire, Aim. The main point of the book is that to start and grow a small business, you must have a pragmatic, action-oriented mentality. Rather than spend too much time and money refining theoretical ideas, you develop a prototype quickly and then see if the market will buy it. As I said in the book, for every business that fails because of poor planning there are a dozen that never get off the ground because of too much planning. The Ready, Fire, Aim approach obviously doesn't apply to surgical procedures and rocket science. But it will be very useful for 90 percent of the new-business ideas you are likely to come up with. Want to start a business selling diamond-studded collars for kitty cats? Fine. There are two ways to go about that: You can spend most of your time and money designing and manufacturing a line of such collars -- and only after that is done, start to think about how you can sell them. You can make a single collar, go down to your local flea market or neighborhood pet shop, and see if you can find a customer for it. Most people start businesses the first way. That's why most businesses fail. But with the Ready, Fire, Aim approach, you devote 80 percent of your initial resources to discovering an efficient way to sell the product. Once you have done that, you have found the key to successfully market it. With that key in your pocket, you don't have to worry about all the other problems that will arise in the natural course of business. You won't have to worry, because you will be able to create the one thing that can solve almost every business problem: cash flow. Here, in a nutshell, is what I mean by Ready, Fire, Aim... Ready: Get your product idea ready. Make it good enough to sell. Don't worry about making it perfect. There will be time enough for that later. Fire: Start selling it. Sell it every way you can. Test different offers. Test different ad copy. Test different media. Keep testing until you discover something that works. This is what we refer to as your Optimum Selling Strategy (OSS). Aim: Expand your customer base by focusing on your OSS. As your customer base grows, develop business procedures to accommodate that growth. Hire the best people you can to manage your business. Discover, through "back-end" marketing tests, other products and services that your customers will buy. Use those discoveries to refine and perfect a fast-selling line. As this back-end business flushes cash into your company, invest a good deal of that cash into front-end marketing. Ready, Fire, Aim doesn't mean you are willing to be sloppy. Nor does it mean you are willing to sell second-rate products to your customers. On the contrary, Ready, Fire, Aim is the only truly practical way to find out what your market really wants from you. And for a small business, Ready, Fire, Aim is the best way to get from good to great. Think of it this way: When we say we have "a great new product idea," what do we really mean? When I say that, I mean I have a strong feeling that the product will sell well -- that it will be a big, commercial success. But the truth is, I have only a hunch about how well my idea will do. Experience has taught me that my hunches are often right... but not always. If I spend too much time and energy on a business based on conjecture, what happens if my assumptions don't pan out? What happens is that I'm left with nothing -- no money or materials or energy -- to start over again. The essence of entrepreneurship is the ability to try and fail and then try again. You can't do that if you blow your wad the first time you try. So nowadays when I get the feeling that I have a great idea, I figure out how I can test that idea as quickly and as cheaply as possible. Once I know the idea has "legs," I can roll out a sales program. And once a successful sales program is underway, I can refine and improve the product. The truth is, I can never perfect a product in isolation. I used to think I could, but, once again, experience has taught me the arrogance of that kind of thinking. To get from good to great, you need the help of superstar employees and, most of all, feedback from your customers. The best customer feedback comes not from surveys or focus groups but from marketing results. Find out what your customers want by selling things to them. This gets you back into the Ready, Fire, Aim loop. If I had to pick one thing -- one characteristic or quality of my work that is most responsible for the success I've had launching businesses -- I'd have to say it was this Ready, Fire, Aim mentality. It's something I believe in strongly. That's why I wince when I read the start-up advice of so many "experts" who advocate feel-good busywork over selling. Again, here's my advice for starting a business: 1. As soon as possible, get the product ready to test. 2. Test it as aggressively and creatively as you can. Spend 80 percent of your initial resources discovering the most cost-effective way to make the first sale (your Optimum Selling Strategy). 3. Refine and adjust your sales process as market conditions change. At the same time, gradually develop business procedures to service your customers and improve your products according to their buying preferences. share2.jpg facebook2.jpg twitter2.jpg Rate today's article star4.jpgstar4.jpgstar4.jpgstar4.jpgstar4.jpg [Ed Note: Mark Morgan Ford was the creator of Early To Rise. In 2011, Mark retired from ETR and now writes the Palm Beach Letter. His advice, in our opinion, continues to get better and better with every essay, particularly in the controversial ones we have shared today. We encourage you to read everything you can that has been written by Mark.] healthy.png HEALTHY Never Skip This Meal When You Are Sick Do you remember the old saying, "feed a cold, starve a fever"? Researchers from the Netherlands have recently discovered that the first half of this classic aphorism may in fact be true. Researchers analyzed the impact consuming a 1,200-calorie breakfast had on a man's immune system, versus eating nothing at all. They found that eating big and eating early increased blood levels of gamma interferon, a natural antiviral agent, by 450 percent. (Going hungry actually caused a 17 percent decrease.) If you're feeling a cold coming on, make sure you don't skip breakfast. Click here for more tips on how to fight colds this summer. wealthy2.png WEALTHY This 2-Step Plan Will Get You Hired Anywhere "If you ever want to get a job anywhere, you only need to do two things: No. 1: Come with something valuable to offer. That could be your resume, your contacts, your new business, even a very good idea. Whatever you have to offer, give it away freely for an opportunity merely to prove yourself. No. 2: Offer to work for free with no time off for a certain period of time to prove yourself. Few successful entrepreneurs would turn down that offer. And if you have enough talent, you'll end up with a great career 90% of the time. This is how I got my first job in financial research. I worked for free for two weeks, writing up stock recommendations in Latin America. To get the opportunity, I gave my first boss (Justin Ford) a manuscript I'd written in college. It was good. It proved I could write narratives. And then I worked, without a single day off, for four years. Most of that time, I lived on a sofa in Steve Sjuggerud's living room. Then I "graduated" to a $250-per-month walk up apartment in the most dangerous ghetto in Baltimore (North Avenue). This is also how we found our most valuable employee – our Editor in Chief, Brian Hunt. So don't tell me you can't do it. That's crap. I did it. And Hunt did it too." - Porter Stansberry wise2.png WISE Study Reveals the BEST Exercise to Relieve Your Anxiety Whether you have projects weighing on you at work or problems at home, researchers have found that the best way to cope with your anxiety is by writing your problems down. In one study, researchers observed students who were given the opportunity to write before an exam, those highest in test anxiety performed just as well as their less anxious classmates. “Writing about your worries for 10 minutes before an upcoming exam leveled the playing field such that those students who usually get most anxious during exams were able to overcome their fears and perform up to their potential,” Sian Beilock, University of Chicago said. Next time you're feeling anxious about work, write down all your worries before you leave the office. Whitelist Our Email | Customer Service We want your feedback! Let us know your thoughts on today's issue. Visit us at http://www.earlytorise.com/contact-us/ Copyright © 2014 Early to Rise, LLC. Early to Rise Publishing, LLC 14405 W Colfax Ave #309 Lakewood, Colorado 80401
1 month ago
Marilyn 06.02.2014 BY KELLY BROWN Free market economists are not going to be happy about this... A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report app Read more ... lauds the use of “capital controls” in global markets. If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy. Capital controls are simply laws that regulate and restrict what you are allowed to do with your money by regulating the flow of cash in and out of a national economy. The laws define such things as where you can invest your cash and how you can allocate your assets. If you take a look around the globe, you’ll see several recent examples—almost always from countries experiencing a currency crisis: •In Cyprus...some citizens cannot withdraw or write checks for more than €300 per day from their own accounts. These controls were put in place after the Greek debt crisis of 2012 and are set to continue until year-end. •In Iceland...capital controls imposed in 2008 have blockaded offshore investors from selling $7.2 billion in assets. •In Argentina...citizens must pay an extra tax on vacations abroad. •In the Ukraine...recent tensions sparked a series of capital controls. Ukrainians must wait six working days before making any type of foreign currency purchases. In addition, they cannot exchange more than the equivalent of $5,800 USD within a given time period. You might be wondering… how are these draconian laws “a useful tool for managing financial stability” as the recent Fed paper says? Well, the Fed research claims that capital controls would protect the U.S. dollar from the effects of rapid cash movements... Of course, the only countries that are worried about capital controls are those deeply worried about a currency crisis. According to Steve Hanke, a professor of applied economics at Johns Hopkins University in Baltimore, “Capital controls signal that a country is very worried about preserving its foreign exchange....That means bad things are in the wind.” SEE ALSO: Is your state as broke as these places? For more than 50 years, Americans have never really thought twice about the value of our currency. But times are rapidly changing. And most Americans don’t realize that the greatest weapon in our nation’s arsenal is not our military might or our education system, but the simple fact that the U.S. dollar is the world’s “reserve currency.” As such, our money forms the basis of the global financial system. And banks around the world hold our dollars in reserve against their loans. That’s why, for the past few decades, we have been able to print and borrow trillions of dollars, with no real negative impact. We are the only country in the world that does not have to pay for imports in a foreign currency. We can rack up enormous debts and then print more money. But this exorbitant privilege could soon expire, because many of the most powerful countries around the world (including China and Russia) are looking for a new world reserve currency. And when the U.S. dollar is no longer the world’s reserve currency… when we can no longer print money and borrow absurd sums without consequence– we are in trouble. One financial guru, Porter Stansberry, believes this currency collapse in America is actually going to happen much sooner than most people think. He says that’s how currency collapses happen… gradually… slowly… then all of a sudden. And Mr. Stansberry has an uncanny track record of predicting some of the biggest moves in the economy over the past decade. In 2006 he announced GM would go bankrupt and in 2007 he predicted Fannie Mae and Freddie Mac would also soon go bankrupt. Both of his predictions came to fruition. WATCH: Learn more from Porter Stansberry, here. Now Stansberry says the next big collapse could be America’s currency. And even though most Americans think this could never happen… not here…Stansberry believes new laws set to go in place on July 1st 2014 will dramatically accelerate this process. A currency crisis will be bad for all Americans. But it will be especially devastating to seniors, most of whom are no longer working, rely on the government for income and healthcare, and have not diversified any money out of the U.S. dollar. What is this law that was secretly passed by the Obama Administration… and how will it affect you, your money, and the U.S. dollar? Stansberry and his Baltimore-based research team have put together a free slide presentation that explains everything you need to know. Get the facts and protect yourself here. SEE ALSO: The catastrophic events planned for July 1, 2014 http://www.wealthreporter.com/sa/fed-employees-trap.html?prcode=PPSIQ452
Wealth Reporter - The Golden Truth
www.wealthreporter.com
A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets.
1 month ago
Roger S&A Digest - Porter Stansberry - Most people don't think about Starbucks as being a drug company, the company's DECAF coffee contains MORE caffeine than McDonald's regular coffee does. http://www.caffeineinformer.com/the-complete-guide-to-starbucks- Read more ... caffeine http://laughingsquid.com/chart-shows-how-much-caffeine-is-in-your-chain-brand-coffee/ http://laughingsquid.com/the-science-of-caffeine-the-worlds-most-popular-drug/
1 month ago
Harold "July 1st, 2014 On this date, U.S. House of Representatives Bill “H.R. 2847” goes into effect. It will usher in the true collapse of the U.S. dollar, and will make millions of Americans poorer, overnight." To say the least, this is going to be v Read more ... ery interesting! The quote above is from Porter Stansberry. Nobody believed him when he stated that Fannie Mae and Freddie Mac, General Motors and General Growth Properties would go bankrupt. He hit the nail on the head accurately and now let's see if he will once again be right on target.
1 month ago
Mark According to Porter Stansberry's latest scare tactic ad, July 1st is the "true collapse" of the US dollar and the end of America... Catch our reaction here: http://ow.ly/ybkYS
Stansberry: End of America EP 256 06172014
Stansberry: End of America EP 256 06172014on Matson Money on Livestream - Watch live streaming Internet TV. Broadcast your own live streaming videos, like Matson Money in Widescreen HD. Livestream, Be There.
1 month ago
Previous page >>