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Topic: The guy who predicted the 2008 economic collapse..< Next Oldest | Next Newest >
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GORDON Search for posts by this member.
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PostIcon Posted on: May 20 2013,06:31  Skip to the next post in this topic. Ignore posts   QUOTE
.... says a worse one is coming, and the economy is going to shut down completely.  Soon.

http://pro.stansberryresearch.com/1303EOASALYN/PPSIP3ZP/

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TPRJones Search for posts by this member.
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PostIcon Posted on: May 20 2013,07:00 Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
That's what he was saying in 2011.  But then:

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In 2012, however, he predicted that, beginning in 2015, there would be "a new age of American prosperity, the likes of which we haven't seen in decades", due to a petroleum and natural gas boom. He added that one effect of this prosperity would be that Barack Obama would be able to obtain a third term as President of the United States either directly, although the Twenty-second Amendment sets a two-term limit, or by having his wife get elected.

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Malcolm Search for posts by this member.
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PostIcon Posted on: May 20 2013,07:19 Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

(GORDON @ May 20 2013,08:31)
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.... says a worse one is coming, and the economy is going to shut down completely.  Soon.

http://pro.stansberryresearch.com/1303EOASALYN/PPSIP3ZP/

I bet he sells way more literature and books way more lecture talks than if he predicted something less harsh.

EDIT: Also indicted for fraud.
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In 2007, he and his investment firm, then called "Pirate Investor," were ordered by a U.S. District Court to pay $1.5 million in restitution and civil penalties. The court rejected Stansberry’s argument that his speech was protected by the 1st Amendment, stating "Stansberry's conduct undoubtedly involved deliberate fraud, making statements that he knew to be false."

Edited by Malcolm on May 20 2013,07:25

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PostIcon Posted on: May 20 2013,07:51 Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
Dont read the crazy.

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PostIcon Posted on: May 20 2013,09:41 Skip to the previous post in this topic.  Ignore posts   QUOTE
I see this ad below articles on websites like FoxNews: "BILLIONAIRE PREDICTS END OF WORLD - BUY GOLD!!"

Edited by Troy on May 20 2013,09:42
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