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Old 01-06-2011, 12:01 PM
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Join Date: Dec 2007
Posts: 2,069
Re: Interesting Video on Dollar Decline

I have no confidence in Porter Stansbury of Baltimore Md. I subscribed to his newletter. Had I followed all of his advice, I would be stone broke. As it is, I lost money by following his advice anyway.

Following his advice, I bought into stocks of home builders. I lost a good deal of money in 2008. He was suppose to advise when to get out. He did not, he kept urging his readers to get into it.

Had I followed his advice, I would have gotten into Icelandic bonds and currency around the same time. He was using his father's Ever-Bank to funnel the money of the investors. Shortly afterward, Iceland went broke, making both the Krone and their bonds worthless. Ha! I'm glad I didn't listen.
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