written by reader Is Stansberry joining Casey a good thing?

By mjj777, May 31, 2015

I would love to hear anyone’s thoughts on this. I subscribe to a few of Casey’s newsletters. I fear that he might bring more hype to these letters. I am comfortable taking some speculative risks for longer term gain which is why I got into these letters. I am long FNV, SLW, FSM, and RBY as some of my largest positions.

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hendrixnuzzles
5 years ago

I like Casey a lot but doubt that his content and thinking will be changed because of Stansberry’s marketing. Casey, right or wrong, doesn’t care what anybody says or thinks.
Let’s face it, Stansberry is a hell of a marketer and Casey must see this. In the end, wider distribution of Casey’s ideas have to be good for those who are long his recommendations.
The potential negatives are higher prices for the services and more overblown rhetoric on the pitches.

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hendrixnuzzles
5 years ago
Reply to  hendrixnuzzles

Oops forgot…Long $SLW $RGLD $PVG $ABX $NEM $CGOOF

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modernrock
5 years ago

Who is joining who? Casey going to Stansberry or the other way around?

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Travis Johnson, Stock Gumshoe
Reply to  modernrock

Stansberry bought Casey’s newsletter publishing business.

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v4t1n4
5 years ago

No wonder Katusa’s left!

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Travis Johnson, Stock Gumshoe
Reply to  v4t1n4

Yes, in an interview he said he and Porter didn’t come up with a new working strategy that worked for both of them (or something like that) so he moved on, though these guys seem mostly to be friendly with each other anyway — most of the newsletter “families” have revolving doors and people move around a lot. Katusa says he’s going off on his own to write for free for a while then start a new fund in a couple years, so far many of his free research pieces are worth reading at katusaresearch.com

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modernrock
5 years ago

He bought the newsletter list for the subscriber list most likely. They make a pretty penny renting them out.

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Travis Johnson, Stock Gumshoe
Reply to  modernrock

Yes, the subscriber lists are the major asset of all of these guys — though Casey has a few pundits who will stick around, too, and Doug Casey is certainly a “brand name” among a large swathe of investors. I suspect there’s a huge amount of overlap among their businesses, actually, since Porter and Doug espouse a lot of the same neo-libertarian ideas and appeal to the same kind of investors, but I’m sure none of them will be missing any meals anytime soon. Will be interesting to see how the first year goes and if it changes their marketing machine(s).

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modernrock
5 years ago

Casey hasn’t moved markets like Stansberry even with similar approaches.

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Travis Johnson, Stock Gumshoe
Reply to  modernrock

Much smaller organization, I imagine — Agora has access to probably at least 4 million investor email addresses and isn’t afraid to use them — but Casey was a pioneer with his bestselling book Crisis Investing and his libertarian ideology 35 years ago. My impression is that Porter was inspired by (and mentored by) Casey and others, but took it another step beyond in courting controversy and realizing that creating a larger-than-life marketing push was well worth any reputational risk — he’s a much better salesman than Casey, but not as interesting as a ideological figure.

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modernrock
5 years ago

Thanks Travis. They have always been a little connected at the hip.

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jrlundy
jrlundy
5 years ago

Ha! Ha! Ha!
People never learn. I heard Doug “Crazy” at the Stansberry seminar at the Whilsire Ebell
in 2014. I also heard him discourse on the 5000$ future price of gold in 1981. Just goes to show when you look out into the future after you have put your head up the proverbial arse your eyes and brain are covered in the brown stuff. The guy is a pure promoter (though even promoters can flip a coin and get it right—keep flipping Doug on the Gold market:-)))).
Now D-“Crazy” touts anti-American and anti military (one million secret and top secret clearances to the praetorian guards of the military) spiels to back up his fall of America
and rise of Gold. Its sort of in voque in Washington; the shame with the former prestige of America and the need to transfer our wealth back to the folks we supposedly stole it from or worked to death to achieve it.
I confronted him out in the hall way conferring with his groupies. One of them challenged me in the lunch line.
I put down my plate and squarely aligned with him but like most liberals he turned tail and run when he realized his big mouth was no replacement for real live patriotic action:-)))

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