Porter Stansberry’s tease is to pay him $49.00 and you get all the answers.
Travis, have you seen this and if so, what’s your opinion?
Here’s the entire transcript, thanks for your input!
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: “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…”
20 years ago, I started my own company to capitalize on this huge new trend of wealth creation.
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.
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.
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…
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.”
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.
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