image missing
Date: 2024-07-14 Page is: DBtxt003.php txt00018621

An investment mindset .. from Stansberry Research

A terrifying new trend is creating thousands of new millionaires (Barron’s estimates 20,000 to 200,000 so far) while at the same time destroying the financial future for many others...

I do not agree with all the logic of this investment newsletter from Stansberry Research but it is interesting and important to note and understand what people like Porter Stansberry are saying. From my perspective, many of the ideas described in the Stansberry analysis are based on a flawed view of how the economy needs to work. Much of what is being described in this newsletter have serious negative consequences when all the linkages are taken into account. Thinking through the idea of progress using TVM concepts, it seems likely that most of the accumulation of wealth arising for the clients of Stansberry Research are not a result of actual real wealth creation ... that is valueadd ... but arise because of the transfer of wealth from those that are truly producing valuadd to those that are able to harvest the valuadd created by others. Very little in this newsletter addresses the challenge of sustainable valuadd and the underlying role of market transactions and the need for transaction mechanisms in support of that. This newsletter builds on the (to my mind) flawed economic idea that I describe as financialization.
Peter Burgess
This bankruptcy will hit close to home

Stansberry Research Unsubscribe 12:01 PM (2 hours ago) to me

Stansberry Research

This bankruptcy will hit close to home...

Dear Reader,

The Wall Street Journal reported this week that bankruptcies are expected to soar in the coming months, because of the way our economy has been completely disrupted since late March.

Yes, this is a shocking turn for our economy—it's a pandemic that is causing massive suffering.

But we believe this virus will eventually pass... and that there's an even bigger long-term story that's going to have a massive impact on you and your money over the next few years.

In short: It's a terrifying (for some) new trend that is creating thousands of new millionaires (Barron's estimates 20,000 to 200,000 so far) while at the same time destroying the financial future for many others.

The good news is, no one in America can do a better job of outlining what is happening—and more importantly, what you can do about it—than the founder of our research firm, Porter Stansberry.

No one believed Porter years ago when he said the world's largest mortgage bankers (Fannie Mae and Freddie Mac) would soon go bankrupt.

And no one believed him when he said GM would fall apart... or that the same would happen to General Growth Properties (America's biggest mall owner)... or that oil would fall from over $100 per barrel to less than $40 a barrel.

But in each case, that's exactly what happened.

And now, Porter says something new and even bigger is quietly unfolding in America (watch his video clip here):

This trend involves an entirely new financial technology that's about to change everything.

And this breakthrough has nothing to do with the 'hot' new technologies the mainstream media is obsessed with these days, like electric cars, artificial intelligence, 5G, or robotics.

It's actually much, much bigger.

According to Stansberry: 'This is not simply another evolutionary step in technology... it's a 'hard fork' — a change that happens, which can never be undone... which permanently changes entire societies.'

And Stansberry says it's going to cause tens of millions of people to lose their jobs... and at the same time make millions of others rich.

Don't get left behind. Get the facts for yourself here.

Porter went on camera for 10 minutes from our corporate headquarters to explain the full story, including the 3 steps he believes you should take right now.

You can see exactly what Porter is saying on our website, right here...


Mike Palmer
Managing Partner, Stansberry Research

P.S. Porter is not one to mince words. In just the first few minutes, he talks about one of the most 'politically incorrect' subjects in America today. Don't watch if you are easily offended.
Will You Be Left Behind?

2 Nobel Prize Economists Predicted This Once-in-a-Generation Wealth Shift... WILL YOU BE LEFT BEHIND?

A terrifying new trend is creating thousands of new millionaires (Barron’s estimates 20,000 to 200,000 so far) while at the same time destroying the financial future for many others... scroll down

Dear Reader,

In regular places all over America, the “lights” are going out.

No, I don’t mean the street lights or any other kind of electrical gizmo.

I’m talking about a vastly more important kind of light... the kind that comes from within. I’m talking about how, all over the country, Americans are losing hope in our most basic social agreement.

I’ve never seen this discussed in any other publication or financial research paper, but it’s this change that worries me most about our country today.

And I know if you think about it, and look closely at what’s happening, you’ll agree.

This kind of light is developed from living with a purpose, learning how hard work leads to success, believing you are being treated fairly, and from knowing that success, at least on some level, is possible for everyone in America.

This is the light that comes from a productive career... a sense of accomplishment and independence... a happy family life.

And this light, which should be inside us all, is disappearing across America.

It’s being replaced with a kind of animosity we haven’t seen in our country in almost 100 years.

I’m sure you’ve noticed all the angry political rhetoric...

Alexanrda Ocasio Cortez

Socialism is soaring in popularity — but few Americans know why. What’s coming next will be an even bigger surprise... full story below…

Which includes socialism’s soaring popularity, and one crackpot scheme after another to take money from others — like direct payments from the government to all citizens (universal basic income), totally free health care (Medicare for all), and most shockingly, demands for slavery reparations from Democratic leaders.

Pardon me for saying something “politically incorrect,” but I don’t think anyone alive today was ever a slave or a slaveholder. And, if you think we owe the descendants of slaves lots of money, imagine the bill Native Americans will soon present!

Likewise, have you ever known anyone who received health care at a VA hospital or strictly from Medicare? It’s a complete disaster. But that’s what a government monopoly in health care looks like. Why would anyone want that?

These ideas are all the result of the “lights” going out, all around the country.

And there’s a reason it’s happening, which very few understand.

There’s a reason so many Americans are losing hope — losing their sense of independence and their dignity. There’s a reason so many people are turning to the failed plans of socialism.

It’s because most Americans are being left behind... in a way we’ve never, ever seen before.

The gap between the rich and the poor has always existed. But never, ever, on this level. And never with this speed.

Every day, thousands and thousands of Americans are ascending into an entire new level of wealth — something even beyond what millionaires could afford a decade ago. And, instead of plateauing, these changes are continuing to power this new class higher... turning millionaires into billionaires.

I know... because I’m one of them.

On and on it goes... for the few who understand what’s happening.

But what about everyone else?

Well, that’s why I’ve produced this analysis.

All over our country, more and more people are giving up. They don’t understand what’s happening... or why. And no one on either side of the political aisle will explain it — probably because they don’t fully understand it, either.

Most Americans only know that even though they work harder every year, they end up with less and less. And more debt.

But I know exactly how it’s happening, and why.

I’ve spent parts of my life on both sides of this equation. And I want to make sure you are on the right side going forward... because it’s about to get much, much worse.

The End of Capitalism As We Know It?

My name is Porter Stansberry.

I grew up in a 3-bedroom, middle-class home, outside Orlando, Florida.

I wasn’t given anything special.

I went to public schools. And I’ve worked all my life. As a lifeguard at Walt Disney World to help finance my college education, and then, later, as an elite investment analyst for one of the wealthiest men in the world, who now owns hundreds of thousands of acres of real estate in Central America, South America, the U.S., and Europe.

I first saw what was happening about 20 years ago, and I took a big chance.

Porter Stansberry

Porter Stansberry: 'I’m terrified of what this new trend is doing to our country. I can’t fix it, but I can show you how to prepare and prosper in the years to come...'

I started my own company to capitalize on this huge new trend of wealth creation. Over the past 20 years, I’ve built a firm now worth at least $500 million, according to our bankers.

I’ve created huge amounts of wealth for my family, our clients, and for many of my partners and employees — all by understanding exactly why the lights are going out all across America.

Now look, I want to make it clear: I don’t think any of this is fair.

Yes, it has been good for me... but I’m sad and terrified for what this massive new wealth trend is doing to our country. And I know it’s going to continue to accelerate... to get more powerful... to become even more disruptive.

You see...

While millions of Americans have been left behind so far, tens of millions more will be left behind in the coming decade if they don’t take the critical steps now.

Meanwhile, anyone who understands what lies at the root of these trends can have a chance to profit in a big way. It’s not hard — if you truly understand what’s happening.

I’m going to explain it all right now — and I promise you’ve never read about this concept, anywhere else before.

The good news is, you don’t have to become one of my customers to take advantage of it — all you have to do is get a handle on the concepts I’m about to outline.

We don’t need socialism in America. We need a better understanding of how this new economy works... so that more and more people can benefit, and the United States can continue to be the greatest place for anyone to rise up and make their own way.

Believe me, the more people who understand these trends, the better for all of us.

And that includes you.

No, it’s not too late.

But it is getting close. All these trends are beginning to converge into a new, even more powerful wave of innovation and disruption. This new wave of change is already impacting huge companies and even the political system in America... but it’s just beginning to gain traction.

In another year or two, anyone who doesn’t fully understand this new wave will be left behind.

IMAGE newspapers

Many people have gotten rich as technology disrupted industries like telecommunications and newspapers — but what’s coming next will dwarf these recent changes...

We’ve seen hundreds of billionaires created as technology roiled huge existing industries like telecommunications and newspapers, sending millions of Americans out of work.

But what comes next will dwarf all of these changes.

You see, technology is about to upend capitalism itself.

These changes, by the way, were all predicted as long ago as the 1930s, by a Nobel Prize Winning economist. It’s scary how accurate his predictions have been so far... and what they say about our future. You’ll see exactly what I mean in a minute.

What we’re ultimately looking at here will be the biggest transfer of wealth in the history of mankind — bigger than any political revolution by a huge margin.

And it won’t just be the middle class that gets left behind.

All across America, millions and millions of lights are about to go out — lives destroyed by changes only a handful of Americans understand right now.

Even wealthy people will be shocked at how quickly their money disappears. (I’ve just published a list of companies that our research shows are going to be decimated, including favorites, such as Harley Davidson and AT&T).

On the other hand, some people are going to make a fortune. In fact, it’s already started...

According to Barron’s, at least 20,000 (perhaps as many as 200,000) people have already become millionaires, because of this shift.

The crazy thing is, roughly 90% of the entire U.S. population isn’t taking advantage of what’s going on, and is getting left behind, according to the latest survey.

What we’re talking about is the equivalent in computer science to Einstein’s theory of relativity in physics.

I know that doesn’t mean much to you right now... but let me spell out exactly what is happening, and how to ensure you are on the right side of this seismic shift...

America's Huge Wealth Shift, Explained...

The lights are going out, all over America, because of what I call: “The Transition.”
  • Amazon has taken over retail.
  • Uber has taken over cabs.
  • Apple and Spotify have taken over music.
  • Netflix has taken over movies and TV.
  • Google has taken over data.
  • LinkedIn and others have taken over job searching and hiring.
  • Expedia and TripAdvisor have taken over the travel industry.
  • The list goes on and on.
In short, for many years now, we have been transitioning from the industrial age... to the computer age.

We have moved from a paper-based analog world... to a digital society.


In 2019 an estimated 12,000 retail stores in America will close and thousands will lose their jobs. But others are getting rich — Will you be one of them or will you be left behind?

For some, the transition has been devastating. In 2019 alone, an estimated 12,000 more retail stores will close.

You’re probably familiar with closings at places like Sears, JC Penney, Kmart, Best Buy, and Macy’s, but did you know 390 Family Dollar stores will close this year... 650 Dressbarn stores will close... and 2,100 Payless ShoesSource stores will also close?

The Gap is now shutting down 230 stores, Walgreens is shutting down 200 stores, Pier 1 is closing 145 stores... and even Walmart is shutting down 17 stores this year.

Thousands and thousands of people are losing their jobs as a result.

Investment bank UBS estimates another 75,000 retail stores across America could be lost by 2026.

Meanwhile, the money that’s been made by those who have capitalized on this digital trend has been remarkable.

$100 invested in the very early days of Amazon (which I first recommended my customers buy back in 1999) would now be worth more than $130,000. The same amount in Apple would now be worth more than $45,000. In Netflix, $34,000.

Personal wealth has shifted dramatically too...

Jeff Bezos is now much richer than Warren Buffett. The “cloud computing” software kings at Salesforce just built the tallest building west of the Mississippi. The hottest real estate market in America is now, get this: Tacoma, Washington.


Because the previous hottest real estate market, Seattle — home to digital companies like Microsoft, Amazon, Tableau, and Expedia — became unaffordable to all but the very wealthy.

When you look at the 10 richest Americans according to the most recent full-year ranking, this shift becomes obvious...
  • Jeff Bezos
  • Bill Gates
  • Warren Buffett
  • Mark Zuckerberg
  • Larry Ellison
  • Larry Page
  • Charles Koch
  • David Koch
  • Sergey Brin
  • Michael Bloomberg
Only Warren Buffett and the Koch brothers made their fortunes outside this shift from an analog world to a digital society.

I call this new class of digital millionaires and billionaires the “Digerati.” And after figuring out this trend years ago, I’m now one of them.

Today I want to introduce you to our world, because something big... really big... is coming next.

And the truth is, while those who understand this trend are getting rich, those who don’t (which includes the vast majority of America) are getting left far, far behind.

Consider this simple example of what’s about to come, which is only the tip of the iceberg, but is easy for everyone to understand... and as a result has been widely reported on in the mainstream press...

3 Million Americans Soon Out of Work?

Did you know that there are about 3.5 million truck drivers in America today... and that driving a truck is the most popular job in more than half of U.S. states (29 in all)?

Today, the technology to completely replace 90% or more of these jobs is already available.


Self-driving trucks will cause millions more to lose their jobs — but that’s nothing compared to an entire new technology that’s about to change everything. Full story below...

Self-driving trucks started making successful deliveries in Nevada and Colorado as early as 2015. The mining company Rio Tinto has 73 autonomous trucks hauling iron ore 24 hours a day in Australia. The U.S. Postal Service just started testing self-driving trucks on a 1,000-mile mail run between Phoenix and Dallas.

Just this month, Wired Magazine ran a story titled: “Self-Driving Trucks Are Ready to Do Business in Texas.”

Wired Magazine

Now look... rolling out all these self-driving trucks will take time, maybe 3 to 5 years or more. But self-driving trucks will be here way before self-driving cars, because highway driving is 90% of what truckers do, and the economic incentives for self-driving trucks is enormous... much higher than self-driving cars.

But think about what will happen to our country when 3.5 million hard-working, middle class truckers (who can earn up to $100k per year or more) are suddenly out of work... or see their wages collapse because highly skilled drivers are no longer needed?

These families probably represent 10 million people in total, and they are the economic foundation of thousands of small, rural communities — they're the heart of America.

What will happen when these people lose hope...

When they see that by killing their jobs, Uber, Google, or trucking companies are able to reap billions of extra profit — sucking every penny out of America's heartland and pouring it into still more expensive housing in places like Seattle and San Francisco...

That's how the lights are going out... and that's just the start of how this wealth shift is going to get worse.

There's no question that GPS, 5G wireless, LIDAR technology, and other innovations will soon put millions and millions of truckers out of work. And as those lights go out, the consequences to America's political union will be perilous.

But that's not even the most important change that's happening.

You see, self-driving cars and trucks, robotics for warehouses and manufacturing, and artificial intelligence (AI) to replace human interactions are 'normal' innovations.

They're the result of engineers getting more out of technology that's been around for a long time. GPS, for example, was first used by the Department of Defense in the late 1970s, and was available for civilian use in the 1980s. Professors at Dartmouth were developing AI computer programs as far back as the late 1950s.

While I know that self-driving vehicles will have a massive impact on truckers (and car manufacturers and taxis, just to name a few)... robotics will destroy millions of manufacturing jobs... and AI will eliminate the need for millions of customer service jobs... all of these changes are relatively minor compared to the 'Tidal Wave' that's coming.

That’s because there's an entirely new technology that's about to change everything.

And this breakthrough has nothing to do with the “hot” new technologies the mainstream media is obsessed with these days, like electric cars, artificial intelligence, 5G, or robotics.

It’s actually much, much bigger.

It’s the next huge leap forward for the Digerati... the people who have been getting rich while most Americans are left far behind...

Why We Will Never Forget October 31st...

Throughout history, there have always been periods in time when new innovations changed everything about how human societies functioned.

For example, it's not commonly appreciated, but the invention of the cotton gin (an engine applied to farming) radically altered not only the textile industry, but led directly to the eradication of slavery because it made labor vastly more efficient.

IMAGE Cotton Gin

Most people don’t understand how certain innovations — like the cotton gin pictured above — transform societies, until it’s too late. One of these moments occurred recently, on October 31st, 2008...

This one innovation created massive amounts of wealth — but it also set the American South on the path to war. While humanity gained enormously, many, many people were left behind in the American South, where deep poverty remains even to this day.

Or, consider what's happened since the invention of the integrated circuit and transistors around 1950...

Very few people realized how transistors and the ability to combine electricity with logic gates would empower computing in ways no one could have even begun to imagine.

But unless you understood this trend (commonly known as Moore's Law), and unless you could see how vastly more power and vastly cheaper computers were going to change everything in the modern economy, it's very likely you never participated in the biggest creation of wealth so far in human history.

Even Warren Buffett — the best investor who ever lived (and Bill Gates’ best friend) — never bought Microsoft because he never really understood how Moore's Law would impact the software industry and enable Microsoft's massive, almost unbelievable ascent.

Most people don’t remember this, but in the late 1990s, Microsoft grew so wealthy, powerful, and dominant, the U.S. government intervened to break up the firm. Without the government’s intervention, many argue Google would not even exist today.

That’s the type of power and wealth major technological breakthroughs can generate.

You see, there are these seminal moments in history...

Like when Einstein published his Theory of Relativity... or when Genentech first used genetic engineering to produce human insulin with bacteria... or when Claude Shannon wrote The Mathematical Theory of Communication (which launched the modern optical networking revolution)... that truly change everything.

But, unfortunately, most people never understand what's happening... until it’s too late.

They don't see or understand the hidden forces that are growing, just under the surface... which, like a tidal wave, are going to completely overwhelm everything that stands in their way.

One of those moments occurred recently — on October 31, 2008.

You probably remember that period in time...


You probably remember 2008 as the year of the U.S. mortgage crisis — but something else happened that year, which is now creating thousands of new millionaires.

There was a global financial crisis and Americans were defaulting on almost 20% of the mortgages in the country.

But... in another 20 or 30 years... that financial crisis will be completely forgotten.

I know that probably sounds hard to believe today. But the truth is, that period of time will forever be known as the moment when a new technology emerged that changed absolutely everything about the way money, banking, commerce, and property rights are managed.

You see, on October 31, 2008, an anonymous computer scientist laid out, in precise detail, a new method of linking the power of computers and fiber optic networks to money. He created a money that will gain in value in direct relation to the power of computing, globally.

And, everything — absolutely everything — is going to change as a result.

If you think technology is leaving most Americans behind now, what's coming next should terrify you.

The group I call the Digerati (the huge network of Americans who have been developing new technologies for decades, and growing ever richer as a result)... has built their own currency.

And it lies completely outside the control of any government.

This group and their new money are soon going to leave everyone behind. Every last person in this country... and every other country... in the entire world.

This breakthrough represents a critically important new way for humans and machines to communicate and cooperate. And there’s no doubt it will result in a radical reset of our financial system.

You see, this new wave means an entirely new kind of money and an entirely new kind of ownership structure, for virtually every important asset in the world.

This is much bigger than a simple evolutionary step in technology... it's a 'hard fork' — a change that happens, which can never be undone... which permanently changes entire societies.

The thing is, because this change is still in its infancy, many people don’t yet see the potential or future impact this breakthrough will bring.

But the Digerati — the richest and most well-connected people in the business world today — most certainly do...

Billionaire tech venture capitalist Marc Andreessen says:
“The consequences of this breakthrough are hard to overstate. We’re quite confident that when we’re sitting here in 20 years, we’ll be talking about [this technology] the way we talk about the Internet today.”
Bill Gates said something similar in a recent video:
“Innovations like vaccines and high yielding crops have changed the future for billions of people. We’re on the cusp of another breakthrough innovation.”
Jack Ma is the founder of China’s biggest tech company (Alibaba), and he says:
“[This technology] could change our world more than people imagine.”
American broadcaster and film maker Max Keiser even said that if this technology would have been around sooner, “9/11 would never have happened.”

This is why the richest and most competitive companies in the world are now quietly implementing this new monetary technology, although it’s not making headlines yet in the mainstream press...

Amazon began using it in May 2018.

The makers of Budweiser beer began quietly using it in March of last year — around the same time Google began using it too. Visa and Mastercard were among the first big companies to try out this new invention, back in 2016. And Starbucks first gave it a try just a few months ago, in May of this year.

The smartest and richest people and companies in the world are learning everything they can and testing this new technology, because it represents a critically important new way for humans and machines to communicate, cooperate, and do business.

But again... because it’s still in its infancy, most people don’t yet fully recognize what’s happening...

The sad thing is, as the lights go out for so much of America, everyone who has been left behind will turn on each other, creating a global crisis unlike anything the world has ever seen before.

It won't be a war of nationalism — between countries and big armies. It will be a war of the 'Digerati' — between people who understand how to use this new technology, and everyone else.

This battle has already begun.

Please, heed my warnings, and help others understand it too.

Because this is a seminal moment, which will determine your family’s fate for many years to come.

Which Side Will You Be On?

Just like Amazon took over retail... and just as Uber has taken over cabs, digital technology is now taking over our money — how we use it, save it, spend it, and enter into deals and contracts to earn it, lend it, and invest it.

I promise you that, in only a few years...

Governments will discover that the majority of the world’s economic power has fled to digital money — a new form of money that can’t be seized, can’t be taken by force, and that only retains its value where property and privacy are respected.

We’ve known this was coming for years...

Back in 1999, Nobel Prize Winning Economist Milton Friedman explained how this would happen. He wrote:
“One thing that’s missing but will soon be developed is a reliable e-cash, a method whereby on the internet you can transfer funds from A to B without A knowing B or B knowing A — the way I can take a $20 bill and hand it over to you, and you may get that without knowing who I am.”
Why is this inevitable?

Several reasons...

First, as I’m sure you probably know, our entire financial system as it exists today is a mirage — based on unlimited paper money, and endless credit — created by the government.

Federal Reserve

Our financial system today is a mirage. Today, every wealthy person I know is desperately seeking a way out of our corrupt and bankrupt global financial system. I’ll show you how they’re doing it...

Today, our government prints billions of dollars, literally out of thin air. Did you know that again this year, the U.S. government is set to spend another trillion dollars more than we take in, in revenue?

Even more disturbing, 25% of the government debt issued around the world now has negative interest rates.

Negative interest rates, by the way, mean you have to pay the government to lend them your money! In Switzerland, some banks have announced they will begin to charge clients 0.75% per year for large deposits.

Yes, you read that correctly — banks want you to pay them to hold onto your money.

History will look back on this period with disbelief... that so many people could have been fooled, for so long, into thinking that this was a good idea.

These distortions of our monetary system have caused prices for our most critical needs, like health care, housing, and education, to soar to levels beyond the reach of the middle class.

It’s why the rich get richer, while everyone else falls behind.

The rich have access to assets that benefit from all this money creation, like stocks, real estate, art, and private businesses.

Meanwhile... the lights continue to go out for most Americans, as they go deeper and deeper into debt, falling farther behind.

Today American companies and families are deeper in debt than ever in history. Students owe $1.5 trillion in college debt. We owe over $1 trillion on our credit cards. We owe more than $1 trillion for car loans.

Sure, this current system has been great for the wealthy, but we all know it simply cannot last. The financial promises we’ve made simply can’t be kept much longer. The debts we’ve accrued cannot possibly be repaid.

Even worse, anyone holding traditional currencies like dollars, euros or yen — is losing wealth, every single day.

Even if your bank is not yet charging you to hold your money, the worthless currencies issued by today’s governments lose roughly half their purchasing power, roughly each decade!

Look at this chart that shows how much your saved dollars lose value over the years...

Purchasing Power

And if all of that weren’t bad enough...

With the permission of our government, the banks, credit card firms, and other money institutions now get away with ripping off the public at every turn...

Banks pay you nothing in interest... yet charge you $3 or more just to get your own money out of an ATM machine... or $50 to send a bank wire.

Credit card companies get away with charging 20% interest on late payments... but if the credit card company allows someone to fraudulently open up a new credit card in your name, they call it “identity theft” and it’s somehow your fault!

Credit card companies charge businesses 2% to 3% of every purchase made. Trust me... many businesses, including mine, will soon never, ever accept a credit card that charges my company 3% of every sale.

It should be so obvious to anyone who bothers to take a careful look... today’s entire financial system is corrupt, broken, and simply will not last.

The good news is, a new system of money has emerged — and it’s going to radically change our world over the next few years.

And believe me, if you miss out on this development, you are going to regret it for the rest of your life.

Today, nearly every member of the Digerati I know is desperately seeking a way out of our current highly regulated, public, and bankrupt global financial system.

They are getting rid of dollars and moving their money into other assets, including not only gold, but also digital “tokens” and digital currencies, like Bitcoin.

Now look... I know what you are probably thinking...

For years, I was extremely skeptical about Bitcoin, too — because I didn't understand the software.

But let me show some things about Bitcoin that I can guarantee the general public doesn’t understand...

The Bitcoin Secret That Can Make You Rich

Most people watched Bitcoin soar to almost $20,000, only to fall back to around half that value today... and they have been completely baffled by this huge creation of wealth.

It’s been compared to the Dutch “tulip mania” of the 1600s, when an entire nation was swept into a frenzy... and the price for a single tulip bulb soared to 10 times the annual earnings of a skilled laborer.

But it wasn’t until I invited a man named Brendan Blumer to my office that I began to fully grasp what is now happening.

Brendan is one of the world’s foremost authorities on digital currencies, and a member of the Digerati.

He flew to my office on his private jet, and at the age of 32, is worth hundreds of millions of dollars, because of a powerful digital platform he’s built.

During our conversation, I began to figure it all out...

At first, it made no sense to me that Bitcoin’s computer code could be mined or that such a system could be devised to link rising computer productivity to the cost of producing the secure blocks.

But the code, when you finally understand it, is a breakthrough of historic proportions.

Like I said: It is the equivalent in computer science to Einstein's theory of relativity in physics.

It represents a critically important new way for humans and machines to communicate and cooperate.

And I'm certain the things I've learned about Bitcoin recently will shock you — even if you think you know a lot about it already. Or even if you’ve never considered buying it before.

For one, there's something very important about Bitcoin that even the world's experts haven't figured out yet.

You see, most people think that Bitcoin is 'finite' — that the last Bitcoin will be mined at a certain date in the future, around 2140.

But they're wrong.

Bitcoin isn't finite at all, not in an economically meaningful way. The last Bitcoin will never be mined, no more than the last barrel of oil will ever pumped out of Texas. I’ll explain to you why this matters, and why it’s such a big deal.

And this new understanding of Bitcoin also portends a huge move higher in its price. Bitcoin could soon trade well above $100,000 per coin. And then well above $1 million per coin... all within the next decade or so.

Another argument people make is that Bitcoin has no real value.

But that’s not true at all... because the quality of money matters.

How well money serves as a unit of exchange and as a store of value has huge implications in whether or not it will succeed and be adopted.

One thing all the critics get wrong about Bitcoin, for example, is that they don’t understand why it’s the perfect form of money for our digital, computer-driven world.

The truth is, Bitcoin will continue to be one of the world’s most favored currencies — for a very, very long time.

And this is not just my theory.

You see, unlike most journalists and investors, I’m also a student of economic history.

And one of the most powerful forces of economics and human behavior proves this fact, over thousands of years...

Gresham's Law

Gresham’s Law explains what happens, throughout history, when there are two or more different types of money (of different values) in an economy — like the dollar and Bitcoin today.

Gresham’s Law says that inevitably, people spend the “bad” money, of lesser value... and hoard the “good” money (as savings), because it will be worth much more in the future.

Take, for example, the U.S. government’s decision to stop using real silver in our coins back in the 1960s...

The U.S. government passed the “Coinage Act” of 1965, eliminating real silver from the production of dimes and quarters.

What happened next?

silver dollars

Gresham’s Law explains why you can no longer find U.S. coins that contain real silver. And most Americans are not at all prepared for what’s coming next.

Just like Gresham’s Law described, the “bad” money (without any real silver) drove the “good” money (with silver) out of circulation.

People took all the pre-1965 coins out of circulation and have hoarded them away. (That’s why you never find one in daily use today.)

As Gresham’s law says: “Bad money chases out good.”

And it’s happening again today...

Around the world, people are desperately seeking a way out of our highly regulated, public, and bankrupt global financial system. They are getting rid of dollars and moving their money into gold and cryptocurrencies.

It’s funny...

People today make accusations about how Bitcoin and digital currencies are used mainly for criminal activities... but mark my words, in a few years, they will be saying the exact opposite!

In the very near future, cash will be the only currency for criminals, because Bitcoin is pseudonymous, not anonymous.

What I mean by that is, your name isn’t attached to your Bitcoin account, but every Bitcoin transaction is tracked and recorded... forever, in a permanent record, where everyone can see it.

That means police and the FBI can track Bitcoin a lot easier than cash, gold, jewelry, or art.

The truth is, the dollar, the euro, and all other fiat currencies are the “bad money” today... while Bitcoin and gold are the “good money” savvy individuals are beginning to hoard.

In many ways... Bitcoin is the “new gold.”

It’s the new way for savvy investors to get their money out of collapsing fiat currencies... and into something that will hold its value in the years to come.

Think of it this way...

Like Gold — Only Better...

For many centuries, humans, acting in their own best interest, realized immediately that gold had special properties — of which I’m sure you know.

But the really special property of gold was that it was both scarce and inexhaustible.

Gold isn't consumed. Thus, the stock of gold grows and continues to grow, at roughly the same scale as human ingenuity.

There's a strong correlation between total supply of gold and total installed horsepower.

As humans became able to dominate the physical world through 'motive' technology — engines of various types — mining gold grew progressively easier and thus more and more gold was produced.

However, the more people looked for gold... and the more gold was mined... the harder and harder it became to find. So, while the total stockpile of gold always grew, the value of each additional ounce remained relatively constant in real terms.

And think about how important that is in the global computer network of today!

Just like gold kept up with our mechanical abilities in the industrial age to improve horsepower efficiency... Bitcoin will continue to appreciate at the same pace as Moore's Law (which basically says that the capability of our computers doubles every two years).

No, it won’t happen in a straight line, but over time, it will follow that trend.

For the internet to reach its full potential, for it to unleash the incredible power of global cooperation on a much, much larger scale, there needs to be a truly stable exchange of value mechanism whose purchasing power won't be massively impacted by the resulting increase to human productivity.

How do you do that?

How do you build a measuring stick that won't be impacted by artificial intelligence?

Certainly not with the dollar or any other currency that can be printed out of thin air.

Even gold is very likely to become cheaper in real terms in the years to come, because scientists will eventually figure out how to break the supply barrier by mining asteroids... or sea water... or some other radical innovation.

What can possibly keep pace with the incredible gains in productivity predicted and realized by Moore's Law?

The answer is Bitcoin. That's exactly what it was designed to do.

And just as gold was the perfect 'proof of work' for the age of ever-increasing locomotive power of the industrial age, Bitcoin is the perfect currency and the best stable 'proof of work' (and money) for the computer age.

The important thing for you to know right now, of course, is this:

In the near future, Bitcoin will not be worth the $7,000 to $10,000 range it’s trading in today... it will be worth at least 10 times that amount.

As the billionaire venture capitalist Tim Draper says: “Bitcoin is to the dollar as the internet is to paper.” Draper says a single Bitcoin will be worth $250,000, as soon as 2022.

From here on out, Bitcoin will continue to be one of the world’s most favored currencies — and it will stay that way for a very long time.

Another thing few people understand about Bitcoin is that unlike fiat currencies, each Bitcoin is divisible to eight decimal places.

That’s .00000001.

And each .00000001 unit of Bitcoin (which is called a “Satoshi”) is worth about 1/100th of a penny in today’s dollars.

In other words, even as Bitcoin rises in value, it’s still easy and possible for anyone to shift as little or as much money as they want into this digital currency.

And here’s the really critical point you must understand today:

What so many people get wrong about Bitcoin is, because we consider ourselves and our age to be 'modern,' we think we can dictate and predict what has and holds value over time.

But the exact opposite is true...

What has and holds value changes radically as technology develops.

Washington Monument Capstone

What has and holds value changes radically as technology develops. Aluminum, for example, was once worth more than gold (which is why the Washington Monument’s capstone is aluminum) until a tech breakthrough sent aluminum prices plummeting 98%. Our new Research Report explains what is going up 100X in value next.

Did you know, for example, that aluminum was once one of the most valuable metals in the world... more valuable than gold?

Napoleon famously honored his guests by setting their places with aluminum silverware, instead of gold. The Washington Monument’s six-pound capstone (set in 1884) was seen as the most extravagant finishing touch possible.

Aluminum was once so valuable because despite the fact that it is the most common metal found in our planet’s crust, it’s usually found bound tightly to other elements.

And it wasn’t until the late 19th century that scientists figured out a way to isolate it.

But when they did, prices plummeted 98% between 1880 and the 1930s.

The point is: What we consider valuable and what holds its value changes radically with new technological developments.

And it’s already happening...

Did you know that today an estimated 90% of the younger generation prefers owning digital currencies to gold, according to Bloomberg?

You may not like the sound of that, but it’s today’s reality, and you better get used to it if you hope to protect and grow your money in the future.

The vast and ever-growing power of the internet, of cloud computing, of artificial intelligence... these things are going to reshape our world in ways we can't possibly imagine, and at an ever-increasing pace that's likewise impossible grasp.

Faster and faster, with ever increasing rates of change — so fast that the human mind can't comprehend it.

What will hold its value tomorrow?

What will survive the coming massive, permanent, and lasting deflation of the post-industrial age?

Yes, I believe gold will still be valuable, but it’s simply not going to keep pace with Bitcoin.

And I haven’t even told you the most important part.

Yes, it’s obvious that Bitcoin will supplant both the U.S. dollar and gold as the most desirable form of reserve currency.

That's been clear for several years.

But what really matters is its impact on the world's existing political and economic order.

It’s these other changes that should really concern you — especially if you've decided you will never buy Bitcoin.

The truth is, Bitcoin isn’t merely a currency that will compete with the dollar and with gold.

What we are talking about here is not just a new form of money, but an entirely new way of organizing society.

Let me show you what is happening...

Bigger Than the Internet?

The technology behind Bitcoin is a software innovation called “blockchain.”

One way to think about blockchain is that it’s like an “Internet of Transactions.”

As Venture Capitalist Marc Andreessen described it in The New York Times:
“For the first time, a way for one internet user to transfer a unique piece of digital property to another internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate... It is a way to exchange money or assets between parties with no pre-existing trust.”
But — and here’s the critical thing — instead of being run by a company or a government, it runs on a “distributed network” of computers. In other words, basically a collection of all the computers that are using it.

Bitcoin is a way of “keeping score” and exchanging value on the blockchain, just like the dollar is a way of keeping score and exchanging value in business and transactions today.

And I promise you this: The blockchain will entirely transform our financial system.

If you don’t believe me... that’s fine... but please listen to what one of the most powerful people on Wall Street is saying...

Blythe Masters built JP Morgan’s derivatives and commodities desk into a global juggernaut and pioneered the derivatives market. She knows the inner workings of Wall Street better than just about anyone.

And today Masters says:
“I would take it [blockchain technology] about as seriously as you should have taken the concept of the internet in the 1990s. It’s a big deal and it is going to change the way our financial world operates.”
Believe me, the insiders see what’s coming...

Buried deep in one of JP Morgan’s annual reports, the bank finally admitted:
“Both financial institutions and their non-banking competitors face the risk that payment processing and other services could be disrupted by technologies, such as cryptocurrencies, that require no intermediation.”
The blockchain offers the possibility of not only a new form of money, but also new ways to simply and safely construct legal contracts and agreements, which will power an incredible revolution in human ingenuity and freedom, allowing people to do things with money that was never before possible.

You see, with the invention of the blockchain, there are a huge number of financial innovations just over the horizon, things like “smart contracts,” and new ways of transferring value around the world, whole new platforms that enable individuals to connect in new ways... ways that were impossible before the advent of blockchain technologies like Bitcoin.

Yes, this is all very new... and changing incredibly fast.

But the truth is, it was all predicted by a Nobel Prize winning economist, many years ago...

The End of Uber, Lyft, Airbnb, and More?

I told you about one Nobel Prize winning economist already... Milton Friedman, who predicted the concept of Bitcoin back in 1999.

But Friedman is not the only Nobel Prize winning economist to predict this incredible shift now happening in our economy...

Ronald Coase won the Nobel prize for Economics in 1991, and his prediction is from a paper he wrote way back in 1937, called: The Nature of the Firm.

Coase explained how companies (firms) exist because they reduce transaction costs and reduce all kinds of inefficiencies — compared to people doing all kinds of work on their own.

But — Coase said — the firm would no longer be needed in the same way if these inefficiencies were removed, and property rights were easier and cheaper to track and enforce.

And that’s exactly what the blockchain does.

I’m sure that all sounds a little confusing, so let me show you just one quick example about how blockchain and Coase’s Nobel Prize winning prediction will radically change the economy over the next few years...

Think about Uber, the car service company...

Uber, as you know, destroyed taxi cabs.

The company made it easier, cheaper, and way more convenient to get a ride wherever you want to go.

But here’s the thing...

Bitcoin and the blockchain, according to Ronald Coase’s Nobel Prize winning prediction and the most innovative blockchain developers, will soon destroy Uber.

Here’s what I mean...

Very soon... sooner than most people think... the blockchain will make Uber — the company and their fees — completely irrelevant and unnecessary.

You see, there will soon be a simple blockchain platform for anyone who needs a ride and anyone who wants to provide that service.

You will no longer have to trust that Uber has found you a safe driver.

Instead, on the taxi-riding blockchain platform, you’ll be able to see all available drivers near you... and in much more detail than Uber could ever provide.

You’ll see not only a potential driver’s first name, rating, and the type of car (which is all you can see on Uber right now), but also a full driving record, credit score, full written reviews, a detailed list other jobs they hold, insurance information and records, car service and inspection details, registered complaints, number of rides safely completed, and much more.

You as a rider will choose this blockchain platform over Uber because it is far more transparent, trustworthy... and it will be a lot cheaper!

Drivers will choose it because they no longer have to give Uber 25%+ of every fare.

And presto... just like that... the need for Uber as a business (and hundreds of other “middleman” businesses like this) will completely disappear.

A man named Vitalik Buterin is worth hundreds of millions of dollars.

IMAGE Vitalik Buterin

Vitalik Buterin (who is now worth hundreds of millions of dollars) explains why companies like Uber and Airbnb could soon be irrelevant.

He created a blockchain platform called Ethereum, which allows people and businesses to figure out how to incorporate blockchain technology into their business.

Buterin says: “Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.”

Buterin’s platform, by the way, is now being used by: Amazon, Anheuser-Busch, MetLife, Google, Microsoft, Comcast, IBM, Mastercard and Visa, Cisco, British Petroleum (BP), Samsung, Walmart, Starbucks, Fidelity, Northern Trust, Citigroup... and so many more.

These companies are getting involved right now with blockchain technology — because they are (rightly) terrified of being left behind.

Remember: The coming war won't be a war of nationalism — between countries and big armies. It will be a war of the 'Digerati' — between people who understand how to use this blockchain technology, and everyone else.

If you remember just one thing from my talk today... please remember this:

What Bitcoin and blockchain essentially do is allow regular people like you and me to have new ways of conducting commerce, which route AROUND large companies and big governments — because those entities are expensive, and simply can’t be trusted.

Soon, hundreds and hundreds of the large institutions we rely on as “middlemen” in our commercial transactions, will be virtually powerless. It won’t happen overnight, but it is 100% inevitable.

And, trust me, big corporations are terrified.

This is why Facebook is trying to co-opt the technology by launching its own digital “coin.” But the value of this coin will be linked to the failing currencies of the world’s central banks and controlled, ultimately, by Facebook’s servers.

A phony cryptocurrency like this will only introduce more and more people to the technology, which will, as soon as they understand it, drive millions and tens of millions and hundreds of millions of people toward Bitcoin.

Again: The critical point you must understand is this:

What we are talking about is not just a transition of our current money system (it’s not just about cryptocurrencies), it’s also a complete change in how we exchange money... how we agree to do work and get paid for it... how we make legal agreements involving money... how we buy and own stocks, houses, cars... and more.

This change, like all the others we’ve discussed so far, is inevitable and can't be stopped. It’s already underway.

Governments that try to stop it will be like governments that tried to stop newspapers. Or the internet. Or cars. They will doom their societies to poverty.

Americans could be left behind...

Americans who ignore this new will at the very least miss out on extraordinary gains. At worst, they could lose nearly everything...

People who ignore this transition will, at the very least, miss out on extraordinary gains. At worst, they could ultimately lose nearly everything, as people flee fiat currencies like the euro and U.S. dollar.

Now is the time to act.

You need to get the facts for yourself and learn the small, simple steps you can take.

This is a whole new kind of wealth... a whole new kind of economic power... and it's like nothing you have ever seen before.

If you think technology has changed our world so far, just imagine how much faster huge new amounts of wealth will be created and how much new power will be aggregated via this new digital currency.

The simple truth is that the world has never seen a tool that’s unlocking so much economic value, so quickly, for so many people all around the world.

And once you understand the even greater implications of Bitcoin and the blockchain, you will realize how transformative this will all be.

The blockchain allows far more direct interaction between free and private individuals and they remove the need for virtually all of the functions of the state and the corporation.

It's all happening right now, probably even to people you know well. And you are being left behind.

So, what should you do?

Take These Three Steps Immediately

Understanding this transition from the analog world to the digital one has transformed my life and my business...

In addition to building a company worth somewhere around $1 billion, I continually get invited to take advantage of incredible deals that I never could have imagined being part of, growing up as a middle class, public school kid outside of Orlando.

Recently, for example, I was invited to invest in a new digital currency “miner” at just $0.02 per share. I also bought more stock in a subsequent round of funding that closed at $0.30 per share.

Within a few weeks this stock was trading at $7.00 — earning me millions in potential profits.

Trust me... there is so much money to be made here. And it’s still all just getting started.

But you’ve got to get a grasp on what’s going on... what’s coming next, and how it will affect our economy.

So here’s what I recommend you do first...

Step #1: Own This Now

Bitcoin, as you probably know, has already soared hundreds of thousands of percent. A single Bitcoin is worth more than $7,000 today.

But it’s going much higher from here, and will be extremely volatile... making higher highs, and lower lows along the way.

Today, I want you to think about it this way...

I want you to think about the best to place to invest or park your cash since Bitcoin has come into existence...

It’s no contest. Look at this table...
  • Bitcoin vs. Asset Classes
  • Total Return Since 2010
  • Bitcoin 18,124,817%
  • Stocks 221%
  • REITs 175%
  • Bonds 36%
  • Gold 26%
And the full story is even more dramatic.

Get this...

Since 2010 (when we had robust enough trading data for Bloomberg to verify and track), there has never been a four-year holding period for Bitcoin when it wasn’t the best-performing asset in the world (among major asset classes).

I repeat: There is not a single other asset, over any four-year period (starting and ending during any day of the year) in which Bitcoin wasn’t the best place to park your money.

And the numbers are staggering...

The AVERAGE 4-year holding period generated returns of 48,284%;

The greatest 4-year holding period generated returns of 1,172,620% (note, this is from a low of $0.05 per Bitcoin, not the infinitesimally low prices before Bitcoin was more robustly exchanged).

Even if you cherry-picked the single-worst day to buy Bitcoin, the worst 4-year holding period after that day generated a return of 414% (from 4/9/13 to 4/9/17).

During that time, the S&P 500 stock market index generated a nice total return of 63% (assuming reinvested dividends)... but it still came nowhere close to Bitcoin.

Now are you beginning to see what I mean?

Do you see why the Digerati are beginning to flee dollars and other assets for Bitcoin and the Blockchain?

In fact there are entire businesses now that simply cater to the wealthy... helping them get their money into Bitcoin. Forbes ran a story a few months back that detailed how the ultra-rich are doing it. The story was called: How the Super-Rich Are Buying Up Bitcoin.


So yes, Step #1 is to learn how and when to buy Bitcoin. And I’ll show you the secrets of how the wealthy are doing it, and regular folks too.

I’m going to show you by far the best and safest way... and exactly when I recommend you buy it. The timing is critical.

There’s a very simple formula that will help you figure out exactly when to buy it and when to spend it.

Stansberry Research Bitcoin and Blockchain Quick-Start Guide

Everything you need to know is in our brand-new volume called, the Stansberry Research Bitcoin and Blockchain Quick-Start Guide.

It’s just 24 pages, but it might be the most valuable resource in America for anyone who cares about their future...

Here you’ll learn:

Why the last Bitcoin will never be mined... and why this is so important to the success of this new currency.

How to own the best companies developing new blockchain applications right now.

How to own the most important cryptocurrencies and other forms of digital money... with step-by-step instructions that walk you through the process.

How to avoid the ticking time-bombs in the investment world today. You do NOT want to own these companies... these banks... and these industries.

Back in 1999 when I knew internet technology was going to upend our economy, I published a list of 5 doomed companies: Kodak, JC Penney, Bethlehem Steel, America Online, and AT&T... EVERY SINGLE company on that list lost tons of money for shareholders.

Now I’ve just published a new Doomed Company list in 2019 — and it’s all here in this report.

But learning how to buy Bitcoin, when to buy it... how to hold it... that’s just the beginning. There’s much more you need to know.

These are the first two things I want to discuss when you take a no-risk trial subscription to my firm’s top-rated technology research, called The Stansberry Innovations Report.

To produce this work, I’ve hired the only guy I know of who’s worked with or been seeded by the three most famous hedge fund managers in America (Steve Cohen of SAC Capital, George Soros, and Julian Robertson.)

I’ve hired a bioinformatics and scientific computing expert who in his spare time conducts seminars for the federal government’s U.S. Centers for Disease Control and Prevention.

I’ve hired a guy who used to work at one of the world’s biggest pharmaceutical companies... and I hired a former executive at one of America’s best technology companies, who has a better track record at spotting the next big technology payoff than anyone else I’ve ever seen in my career.

Normally, to get access to this team’s work (we publish 12 investment recommendation reports each year — one per month), it costs $199 per year.

And even at that price, it’s a steal, compared to the millions of dollars we put into our research each year, and the returns we’ve been able to help our customers see.

But today you can try our work totally risk free and at a huge discount to the normal price.

Before I give you the specifics, however, there’s one more brand-new and critical resource I want to send you too...

Step #2: The Block-Wave Investor's Guide

To really make a fortune in the years to come, you need to understand how this technology will disrupt our current economy.

Think about it...

The great innovators of recent years were always outsiders.

For example: Netflix wasn’t invented by Blockbuster. Amazon wasn’t invented by Barnes & Noble. TV networks did not come up with YouTube, Visa didn’t create PayPal, and hotel chains did not come up with Airbnb.

That’s why I want to send another very important resource too...

The Block-Wave Investors Guide

It’s called: The Block-Wave Investor's Guide.

And it contains everything you need to know right now to invest in new blockchain innovations.

For example, there’s a publicly traded company that owns a big group of blockchain companies – they're like a blockchain incubation firm. Even better, it’s a profitable business, with virtually zero debt. We'll show how to buy it and potentially make a fortune in the years to come.

There's a public company keeping a significant portion of its cash in Bitcoin. When you buy the stock, you own this bitcoin too. The share price has doubled in the past two years, and we think it’s going much, much higher. We’ll tell you about the company and exactly how to buy it immediately.

We’ll tell you about the tiny company we guarantee you’ve never heard of, which has made 19 different blockchain investments since 2012 — that’s more than Google.

We’ll tell you about four blockchain ETFs — and show you which one is our absolute favorite, giving you ownership of more than a dozen innovators in this space. This fund is already up more than 25% in 2019 — the best returns of any of the blockchain ETFs we analyzed.

And much more...

In this report, you’ll also get the details on our first ever Bitcoin Investors Forum, early next year, where we will introduce you to our best contacts in the space and meet with us in person.

Best of all, you can access all of this work totally risk-free and at a 75% discount off the normal rate. You’ll get:

Our next 12 monthly investment recommendations in Stansberry Innovations Report.

The Bitcoin and Blockchain Quick Start Guide

Plus our brand new Block-Wave Investor’s Guide

And you’ll pay just $49

Why so cheap?

It’s simple...

We are on a dangerous path in America. We don’t need socialism. We need a better understanding of how this new economy works... so that more and more people can benefit from it.

I think my independent financial research firm, called Stansberry Research, can do a better job of this than anyone else on the planet.

We’ve been in this business for 20 years, and today we have more than 70,000 customers who have benefitted from our work in such a dramatic way that they’ve decided to become “lifetime” subscribers.

I think that’s the best endorsement any business can get.

I know my firm’s work can help you — and believe me, the more people who understand these trends, the better for all of us.

That’s why I want to send you our Quick-Start Guide to Bitcoin and Blockchain, our Block-Wave Investor's Guide... plus, the next year of our Stansberry's Innovations Report reserach for just $49 (You can click here to get started right away).

There’s simply no better deal in the investment world — where you’ll find this quality of research at such a bargain basement price.

With all this information in hand, you’ll understand what this technology is... where it’s going... and how to take advantage of the massive wealth it’s going to create over the next few years. My I hope is that you’ll want to do more business with us in the future, but if not, no problem.

You see, this is what my company does best...

I was there in early 1990s when my tech friends first started using computers to make telephone calls. That’s how I knew the original AT&T (the long-distance telephone company) and the other major telecom companies were doomed.

In fact, here’s the “doomed company” list I first published back in 1999:
  • 'Victim' Stocks Symbol Ref. Date* Ref. Price Recent Description Action
  • Kodak EK Jul-98 $86.00 $73.52 Obsolete imaging Short
  • Sears S Sep-98 $45.00 $33.00 Outdated retail Short
  • J.C. Penney JCP Oct-98 $45.00 $36.50 Outdated retail Short
  • Bethlehem Steel BS Jul-99 $8.00 $7.75 Overpriced steel Short
  • America Online AOL May-99 $135.00 $92.00 'Obsolete Online' Short
  • AT&T T Sep-99 $46.00 $46.00 Long distance laggard Short
That was my first major financial prediction.

And that information (published almost exactly 20 years ago today), helped lead customers who followed my recommendation to make more than 500% gains in the shares of a company called JDS Uniphase, whose new lasers were enabling virtually limitless global bandwidth, thus dropping the cost of long-distance telephone calls to zero.


I first recommended Amazon back in 1999, too — back when it was $59 a share. Today, it’s around 30 times that price.

I was there in 2002, when PayPal first allowed people to send money to each other, online. I wrote that PayPal was “the new standard for making payments via the internet.”

Back then, the company had only about 13 million customers. Today it has 277 million! And anyone who bought PayPal when I first recommended it and held all the way through the buyouts of recent years to today... has made over 800% gains.

I was there when gene sequencing first became possible and we recommended a company called Illumina, for around $6 a share. Today it sells for nearly 60 times that price.

I was there in 2004 when the first robotic doctors were developed at Intuitive Surgical. The stock has gone up over 3,500% since we first brought it to the attention of our readers.

And now there’s a new technology that will change our money and the world, more than all of the above technologies, combined.

The real contest between money, freedom, and privacy... and the world’s largest governments and corporations is only getting started.

Keep in mind: We are still early in this seismic shift to our economy, but the time to get in is now.

According to the most recent polls in July of 2019, only 37% of the American population really knows what Bitcoin is. And only 11% of Americans own it!

Now is the time to get the facts for yourself.

And I’ve made it very easy and ridiculously cheap.

You absolutely must understand this in order to protect and grow your wealth in the years to come.

Remember: Governments didn’t grant gold its power or its utility as a form of money. Instead, governments took gold — they fought to own it and battled to control it — to gain its power.

They will do the same with Bitcoin and the blockchain.

Soon, in only a few years, governments will discover that all the world’s economic power has fled into Bitcoin, a form of money that can’t be seized, can’t be taken by force, and that only retains its value where property and privacy are respected.

What will happen to the world then?

Those are the questions that led me to buy Bitcoin, and to make all of these new resources available. You’ll pay just $49 to receive everything I’ve described. And if you don’t agree with me that this is the absolute best deal in the financial world, simply let my Maryland-based customer service team know in the first 30 days, and they’ll refund your $49 payment.

If you care at all about your financial future, this information is critical.

Yes, there are risks. Any investment and anything you do with your money involves risks.

But we are living in a very dangerous financial time. I think the much bigger risk is doing nothing... and relying on the current bankrupt financial system.

There’s no doubt we are now living in one of the riskiest financial climates in history — and that is true no matter what you do with your money, even just holding it in the bank, or stuffing it under the mattress.

So yes, Bitcoin will remain extremely volatile, especially in the short term. But I believe we’ll continue to see higher highs... and higher lows.

Please: For yourself and your family, get the facts. It will cost you just $49. Learn how to take advantage of this trend so you are not left behind.

The coming monetary shift is inevitable and can't be stopped. Governments that try to stop it will be like governments that tried to stop newspapers. Or the internet. Or cars. They will doom their people to poverty.

Paper money is going to be forced out — Gresham's Law proves it over centuries of history. It can't be stopped.

The only question is, will you be ready?

Click the “Order Now” button below, which will take you to a Secure Order form, where you can review and complete your purchase. You’ll get access to all of our critical Research Reports in a matter of minutes.

Order Now!


Porter Stansberry Porter Stansberry
Founder, Stansberry Research October 2019

Legal Notices: Here is our Disclosures and Details page. DISCLOSURES ABOUT OUR BUSINESS contains critical information that will help you use our work appropriately and give you a far better understanding of how our business works - both the benefits it might offer you and the inevitable limitations of our products. Although this is not a part of our 'Disclosures and Details' page, you can view our company's privacy policy here.

© 2020 Stansberry Research
SITE COUNT Amazing and shiny stats
Copyright © 2005-2021 Peter Burgess. All rights reserved. This material may only be used for limited low profit purposes: e.g. socio-enviro-economic performance analysis, education and training.