Stansberry Research
 | |
| Company type | Private |
|---|---|
| Industry | Publishing |
| Founded | 1999 (as Stansberry & Associates Investment Research) |
| Headquarters | Baltimore, Maryland, U.S. |
Key people | Porter Stansberry |
Stansberry Research is a privately owned American publishing company founded by Frank Porter Stansberry. The company is headquartered in Baltimore, Maryland, with additional offices in Florida, Oregon, and California.[1] The company specializes in investment research with an information services product line consisting primarily of monthly and bi-monthly advisory newsletters written by a variety of financial editors.[1][2] Topics include natural resource, power, oil and mining company investments, as well as health care and biotechnology.[1] Value, corporate bond and alternative investing are also featured. The company claims its newsletter has subscribers in over one hundred countries.[1]
History
[edit]Stansberry Research (previously Stansberry & Associates Investment Research) was founded in 1999 as an independent investment research firm.[1] In addition to his editorial duties, company founder, Frank Porter Stansberry, writes opinion pieces in a variety of financial publications discussing diverse and controversial issues ranging from the auto bailout to the European financial panic, among others. Other Stansberry public information efforts include production of a 2011 infomercial entitled "The End of America," as well as the founding of "The Project to Restore America," a 2012 endeavor aimed at restructuring American governance.[3][4] He has also been recorded using racist and homophobic slurs on his premium radio program.[5]
In 2014, Snopes.com investigated the firm's claim that United States currency will "collapse", and found this claim to be false. Snopes.com alleged him to be anti-nationalist and working against USA government due to his analysis of dollar's future collapse.[6] Stansberry advertising and social media messages often contain highly inflammatory and alarmist messages warning of impending financial disaster, with an extreme anti-government stance.[7][8][9] Stansberry has also been described as "simply an umbrella website that draws internet traffic to a single site and then sells subscriptions for a variety of people who use them for publishing purposes."[10]
Analysts
[edit]Porter Stansberry is the founder of Stansberry Research and the editor of Stansberry’s Investment Advisory.[11] Steve Sjuggerud is the founder and editor of the Stansberry Research publication True Wealth, launched in 2001.[11] He is also a co-author of a book on investment strategies called Safe Strategies for Financial Freedom.[citation needed] David Eifrig is the editor of Retirement Millionaire and is a regular contributor to the Stansberry Research publication Daily Wealth.[12] Eifrig is the author of two books, The Doctor’s Protocol Field Manual, and High Income Retirement: How to Safely Earn 12% to 20% Income Streams to Your Savings.[citation needed] Matt Badiali is the editor of S&A Resource Report, which focuses on natural resources, metals, energy, and investments. He joined Stansberry Research in 2005 and has a BS in Earth Sciences from Penn State University and a Masters in Geology from Florida Atlantic University.[13] Dan Ferris has been the editor of Extreme Value, a newsletter that concentrates on safe stocks, good businesses, and steep discounts, since 2002. Stansberry Research published Ferris’ book World Dominating Dividend Growers: Income Streams that Never Go Down in July 2014.[14]
Fraud accusation and conviction
[edit]In November 2003, the Securities and Exchange Commission accused Stansberry of fraud committed while he edited various newsletters published under the umbrella of Agora, Inc. and Agora subsidiary, Pirate Investors LLC.[15][16] In August 2007, the court found Stansberry guilty with the U.S. Fourth Circuit Court of Appeals and subsequently denied a 2009 appeal.[17][18]
References
[edit]- ^ a b c d e "Company Overview of Stansberry & Associates Investment Research, LLC". BusinessWeek. Archived from the original on October 23, 2014. Retrieved October 31, 2012.
- ^ "StansberryResearch.com Reviews – Legit or Scam?". Reviewopedia.com. Retrieved October 31, 2012.
- ^ "AFP Podcast & Article: Help Audit the Fed, Now!". AmericanFreePress. October 5, 2012. Retrieved October 31, 2012.
- ^ "Porter Stansberry Research – The End of America". HeavyHometownNewWave -Youtube account. December 14, 2010. Retrieved November 1, 2012.
- ^ "Right-Wing Financial Huckster Uses Racist And Anti-Gay Slurs Because He's "Not The Least Bit Bigoted"". Media Matters. August 13, 2013. Retrieved July 7, 2020.
- ^ Mikkelson, Barbara (April 14, 2014). "Currency Collpse". Snopes.com. Retrieved August 7, 2014.
- ^ "Brink of Totalitarianism; Get Out of the Banks, Own Physical Assets". Twitter. Retrieved 21 October 2021.
- ^ "Banks to Seize Your Money in Coming Financial Crisis Warns David Morgan". YouTube. Stansberry Research. Retrieved 21 October 2021.
- ^ "Shift Your Mindset to a Major Crash, The Economy Is Coming Apart Like Never Before". YouTube. Stansberry Research. Retrieved 21 October 2021.
- ^ "Stansberry Research Reviews". Reviewopedia. Retrieved 21 October 2021.
- ^ a b "Gold News". Bullion Vault. Retrieved 30 September 2014.
- ^ "Articles from Dr. David Eifrig, Daily Wealth". Top Stock Analysts. Retrieved 30 September 2014.
- ^ "About Matt Badiali". Mainzincome. Retrieved 30 September 2014.
- ^ Ferris, Dan (2014). World Dominating Dividend Growers: Income Streams that Never Go Down. ISBN 978-0991513055.
- ^ "Securities and Exchange Commission, Plaintiff, v. AGORA, INC., PIRATE INVESTOR, LLC and FRANK PORTER STANSBERRY Defendants". U.S. Securities and Exchange Commission. November 14, 2003. Retrieved November 1, 2012.
- ^ Adam Liptak (August 3, 2003). "E-Mail Stock Tip Tests Limits of Securities Laws". the New York Times. Retrieved November 1, 2012.
- ^ Brian Deer (October 11, 2007). "Porter Stansberry scam nailed in SEC investment fraud lawsuit". BrianDeer.com. Retrieved November 1, 2012.
- ^ Tricia Bishop (August 10, 2007). "$1.5 million payback ordered in SEC suit". The Baltimore Sun. Retrieved November 1, 2012.