Meet Porter Stansberry, the fraudster behind ominous ‘NewAmerica3′ ads

bobbyw24

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Meet Porter Stansberry, the fraudster behind ominous ‘NewAmerica3′ ads

Many television viewers encounter strange, disjointed ads promoting NewAmerica3.com. The ads plead with viewers to visit the website, where the narrator promises a Nostradamus-like offering of dire prophecies for the future.

What most viewers don’t know is that the man behind the ad has been found liable in the past for defrauding investors.

Meet Frank Porter Stansberry. In 2003 the Securities and Exchange Commission filed a complaint against him for peddling false information to subscribers of his financial newsletter. The name of his company at the time was Pirate Investor.

According to the SEC, Stansberry told email subscribers that if they paid $1,000, he would provide a hot investment tip based on inside information from a “senior executive inside the company.” He encouraged customers to purchase stock, promising they would “make a fortune.”

The man who supposedly provided Stansberry with the information denied ever doing so, and many investors lost thousands of dollars by acting on the fabricated information.

Read more: http://dailycaller.com/2011/11/08/m...behind-ominous-newamerica3-ads/#ixzz1dDbRd500
 
Schiff went after Stansberry recently, too.

The Casey Research people have been featuring Stansberry at some of their events, which makes me think a little less of Doug Casey and Co.
 
He's just another doom peddler. Look, any of us can peddle doom and gloom predictions and throw up some tidbits of factual information pirated from any news or research site.

If the market ends up tanking, we look like a sage. If it doesn't, we are just "early" in our prediction but the end is NIGH.

You don't need to pay anyone to tell you what you already know.
 
I wonder if AJ will do narration for anybody willing to pay?

Jones is narrating for a commercial for the documentary, End of America which can be viewed for free.

Porter Stansberry Research - The End of America

 
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I've seen the video before and AJ even interviewed the guy. While I would never purchase a subscription or pay for any of his services, I do think the video provides enough information for those looking for possible causes to our problems as well as possible solutions in the scenario provided. Problems about the FED, inflation, holding physical assets etc. If anyone is willing to follow everything the video says without researching on their is going to get whats coming to them. Investing is never risk-free.
 
freebie : anybody who watched his intro video, the last thing he talks about "what keeps a family rich when all else fails" the answer was "family farm"
 
He's much less of a scammer than the government and bankers that are inflating the currency through their reckless spending, that's for sure.

I disagree, government and bankers do not claim to not inflate the currency, do not claim to take your money to make you money. They are crooks, but not scammers. Nobody among bankers and government promises to do anything but to screw you, therefore are not scammers and they do not prey on your fear.
 
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