I've seen his videos, and I don't trust them. There's a lot of truth in them, but also a lot of hype and marketing techniques. I'm sure the guy is raking it in because he does seem to be a skilled marketing strategist. There's nothing wrong with that.
Yet, I don't like the fact that he's posing as yet another self-appointed guru with the ability to predict the future and tell people how to save themselves from the coming meltdown scenarios. Great information is available for free, and from sources that are cheaper than Mr. Stansberry's products and services.
No one knows where the market will go, and even real prophets like Ron Paul can only spot fundamental disasters eating through the whole system. They don't totally know how it will play out either. But then, Ron Paul doesn't pretend to know the specifics about how society and government may react, or offer secret advice for individuals (only macro-scale solutions). Stansberry does, and that's phony.