Apparently the media will put anything on the air for a price.
There’s lots of frauds like this guy running around. There’s an ad on the local radio for a guy who claims to have predicted every downturn since 1970, and “ANOTHER ONE IS JUST AROUND THE CORNER”. People who prey on fear to market their investment schemes are scum.
What makes him right-wing?
I consider him more "right off this planet and on one of his own".
Has any one here listended to the video?
I have, and it is pretty enlightening. It is full of factual info, that you can check on your own.
It is like Glenn Beck for finance.
YES IT IS A SALES AD FOR A SUBSCRIPTION TO HIS INVESTMENT NEWSLETTER - but it is still full of factual info - that you can check on your own.
I dont know if the guy is a fraud or not- I just know I did not hear anything I disagreed with. You should also look up Porter Stansbury online- he has some good as well as some bad comments associated with him and his busiiness
His predictive record is excellent: this is the guy who predicted that GM would go bankrupt and that the value of Fannie Mae and Freddie Mac would go to zero.
He was pilloried for those predictions - he was even called 'unpatriotic'. And guess what. He was perfectly correct.
Finally: his dire prognostications for what will happen when the USD finally loses reserve status are perfectly reasonable. I wouldn't like to bet against him.
The real financial expert is Andy Willoughby and his 3 Step Plan!