This week's Stansberry Investor Hour episode features multiple guests... And they're you, our listeners. You see, we've been reading every e-mail and listening to every voicemail as they've come in. So for today's episode, we're opening the floodgates and sharing as many of your mailbag missives as we can cram into the show's hour. We'll share your feedback – both good and bad – and questions that run the gamut from... What is the most interesting buy-and-hold opportunity considering the crisis in Europe? To... Is Dan about to pass away? Dan and his co-host Corey McLaughlin tackle all your comments and questions. You'll also hear... Dan and Corey's picks for "the most interesting buy-and-hold opportunity" The duo's take on Big Tech's layoffs What made one listener say, "It's the equivalent of Dan getting married and not telling us who this new person is" Why Stansberry Research values conflicting opinions The next "sleeper" crisis that's lurking for the U.S., according to Corey Dan's vote for the "dumbest thing in the world" Market bearishness and what Dan thinks is "baloney" about it Get ready for today's special episode... As Dan says, "There's a lot to unpack."

This week's Stansberry Investor Hour guest is hailed by Dan Ferris as "the blueprint for a great guest." And co-host Corey McLaughlin says, "I get excited when I know he's going to be talking somewhere." Rick Rule is back for his fourth appearance. For our newer listeners, Rick is one of the most accomplished natural resource investors on the planet. He began his financial career in the securities business in 1974 and has been principally involved with natural resource securities ever since. And over his long career, Rick has originated and participated in hundreds of debt and equity transactions with private, pre-public, and public companies. Even after a decade of serving as Sprott U.S. president and CEO, he's still spending his retirement years in the markets as founder and CEO of Rule Investment Media. After opening with "the most entertaining [news] item" on their minds this week and an in-depth discussion on natural resource stocks, last week's latest Consumer Price Index report, Big Tech layoffs, and unemployment numbers... the duo chat with Rick about how to navigate the market these days. The get-rich-quick fads – like meme stocks, cryptocurrencies, Cathie Wood's ARK universe, and SPACs (that's "special purpose acquisition companies") – are all "over and done," according to Dan. And success now requires some elbow grease... All that easy money that was a narrative plus a chart that goes up to the right... it's all done. Now, you have to be a bargain hunter. You need to do the bottom-up work. As Rick Rule likes to say, "You need to do the arithmetic." And for people who do the arithmetic and do the work, this is their time to shine. Rick touches on the fundamental analysis behind it all, untangling the complex interplay between the oil industry and politics for listeners. And Dan, who has been itching to know what Rick has to say about investing in natural resources, gets his answer... There's a very good intermediate-term play in the oil and gas sector. Ironically, that's almost guaranteed by our government. [... ] If you are willing to subject yourself to government stupidity both in the United States and Canada – which is to say, if you are willing to subject your purse to the twin threats of Biden and Trudeau – then the opportunities become truly staggering. While Rick doesn't shy away from natural resource investments that carry "complex political risk" and require some arithmetic legwork, he understands listeners might hesitate to do the same. If you're eyeing oil and gas stocks, he suggests Big Oil could hold the key for some great intermediate-term returns. So, whether it's hunting for the latest investment opportunities in uranium, natural gas, or precious metals... or poking fun at a few world leaders... Rick covers it all in this week's episode.

If anyone can make Dan exclaim, "If you don't get the hell away from your microphone, I'm going to keep you here all day," it's today's Stansberry Investor Hour guest: geopolitical strategist and New York Times bestselling author Peter Zeihan. But first, Dan and his co-host Corey McLaughlin kick off the show by dissecting the conflicting – and confusing – news headlines on the direction of stocks and housing into 2023. The duo also evaluates ARK Investment Management founder Cathie Wood's latest Twitter ramblings (and why she sounds like a certain founder of a certain defunct cryptocurrency exchange). Circling back to today's guest, Peter is also the founder of his own firm, Zeihan on Geopolitics, where he provides his expert analysis to clients that include Fortune 500 companies, trade associations, policymakers, and government agencies of all levels. His first three books – The Absent Superpower, The Accidental Superpower, and Disunited Nations – have been recommended by U.S. Senator Mitt Romney, political scientist Ian Bremmer, and CNN anchor Fareed Zakaria. His fourth book, The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, was published in June 2022 and is a New York Times bestseller. And in this week's episode, he and Dan start by diving into the topic of deglobalization. Peter says the pace of deglobalization has accelerated since the start of the current decade – fueled by declining birth rates and an aging population. Additional kindling has come in the form of the COVID-19 pandemic, Chinese President Xi Jinping's narcissistic "cult of personality," and the Russia-Ukraine war. Global economies are in for some grim times... And as Peter puts it, "We are looking at the end of the world that we understand – probably in the next 36 months."

We're kicking off this week with a special Stansberry Investor Hour episode on all things cryptocurrency... and it's a roundtable talk. Dan Ferris and co-host Corey McLaughlin sit down with the perfect guest for today's show: Stansberry's in-house crypto guru Eric Wade. Eric is the editor of Crypto Capital, Crypto Cashflow, and the Stansberry Innovations Report at Stansberry Research. He got his start in cryptos by mining bitcoin and Ethereum and quickly moved on to building and programming his own miners... before going on to rack up big gains in crypto investments. Despite the drama the FTX crash has caused, Eric says there's something afoot right now that's "much bigger news in the long run." As for the rest of this week's roundtable, Dan, Eric, and Corey discuss the future of crypto regulations... how "Brazil is the middle-class taxpayer of America"... and some challenging questions on bitcoin as a currency (posed by the ever-skeptical Dan). Plus, the trio examines last week's New York Times interview with disgraced founder Sam "I've Had a Really Bad Month" Bankman-Fried – one that was equal parts bizarre, awkward, and, as Corey describes, riveting.

Even though stocks finished the week higher, investors have several new reasons to snap out of the holiday-weekend lull as economic and market uncertainties still loom ahead... like the geopolitical risks surrounding Taiwan's elections, a stateside natural disaster, and the latest in struggling world economies. But, as Dan says, instead of worrying about how the world's problems will be solved, you should focus on ensuring the best defense for your portfolio. That's why he has brought on an expert in risk management, James St. Aubin, the chief investment officer of Sierra Investment Management.

This week's Stansberry Investor Hour episode features one of the most accomplished financial journalists today. He's a returning guest, and his latest book couldn't have come out at a better time... But first, Dan and Stansberry Digest editor Corey McLaughlin start off the episode's "opening rant" by taking on a recent headline-maker: the FTX debacle. The world is watching rapt as global authorities comb through the wreckage left by the collapse of this prominent cryptocurrency exchange... only to discover that "it's worse than we initially thought." Among other "scandals and wonderful things that crashed and burned," as Dan puts it, no one can forget the shocking downfall of another market monolith: General Electric (GE). This company gave us life-changing innovations like the light bulb, radio broadcasts, fluorescent lamps, X-ray machines, jet engines, and more... before it went into a dramatic tailspin starting two decades ago. That's why today, award-winning author William D. Cohan joins us for his second appearance to cover this spectacular corporate meltdown in depth. His latest book, Power Failure: The Rise and Fall of an American Icon, features rare interviews with key figures from GE (like former CEO Jack Welch). Published just a week ago, it has already drawn scores of praise. William's prolific career includes several other books – three of which are New York Times bestsellers – and writings for numerous financial publications like Fortune, Barron's, and the Financial Times, to name a few. Plus, he has 17 years of experience in mergers and acquisitions (M&A) banking at some of Wall Street's biggest firms like Lazard, Merrill Lynch, and JPMorgan Chase. Dan picks William's brain about the writing process for his book... There's a dead body on the floor, and how did it get there? I'm doing the autopsy. I'm doing a corporate autopsy. How did GE go from being the valuable, most respected company in the world to irrelevant, being broken up, being a fraction of both what it was worth and the respect people had for it? The two discuss GE's beleaguered history... and then William shares his No. 1 qualitative factor in fundamental analysis that investors should always consider while researching a stock.

This week, Stansberry Investor Hour listeners are in for a treat... Dan has brought back Empire Financial Research's own (and listener favorite) Enrique Abeyta, editor of Empire Elite Trader, a short-term trading service that draws from a pool of mid- to large-cap stocks. Dan and Enrique launch into a spirited discussion about the belief that a stock's value directly correlates to the company's value. And Enrique warns about the danger of believing that this is 100% true... He explains what Dan calls "a more inclusive, superior mental model for someone who wants to trade stocks for less than five years"... and discusses how sentiment and positioning matter more for stocks over the short term, with fundamentals and macroeconomics becoming the main drivers over the long term. Enrique also explains the power of "positive psychology" and keeping a disciplined approach for investing success. Plus, he reminds listeners that there's a silver lining in rough markets like today's and that these are truths rooted in history...

Last month, your Stansberry Investor Hour host and Extreme Value editor Dan presented at the 20th annual Stansberry Conference alongside dozens of exceptional speakers. And today, he's giving his listeners a special peek into one of the panels he participated in with fellow editors. This wasn't your typical roundtable discussion... Instead, moderator and Stansberry Research's Director of Research Matt Weinschenk had gathered some of Stansberry's "more outspoken and colorful personalities" for a lively game of "Bull, Bear, or B.S." Dan is joined by his colleagues: the Retirement franchise's Dr. David "Doc" Eifrig, Crypto Capital and Crypto Cashflow's Eric Wade, and Matt McCall of The McCall Report and Matt McCall's MegaTrend Investor. The four must each choose whether they're bullish or bearish – or calling B.S. – on some of the most controversial topics in finance today. They also share their viewpoints on the current stock market valuation in terms of the CAPE Shiller P/E (that's cyclically adjusted price-to-earnings) ratio. You'll also hear each editor's take on the future of the housing market, consumer spending, energy stocks, bitcoin, and the metaverse – including Dan's hot take on well-known companies like gaming pioneer Atari grabbing up virtual real estate... You can also click here to watch a video of the panel on YouTube.

In this week's episode, Dan welcomes back four-time Stansberry Investor Hour veteran Marko Papic. Currently, the geopolitics and macroeconomics specialist serves as a partner and the chief strategist of asset manager Clocktower Group. Before that, Marko was the senior vice president and chief strategist on geopolitical strategy at global investment research firm BCA Research for nearly a decade. He has also worked at Stratfor, one of the world's top geopolitical-intelligence platforms. Marko last joined us in late January, shortly before the Russia-Ukraine war exploded. Today, he's turning his attention to someone "much more relevant and powerful than Vlad[imir Putin]"... chairman of the U.S. Federal Reserve, Jerome Powell. We realize the topic of our central bank's next steps might seem worn out. After all, it has been splashed across the top news headlines daily for most of 2022. But the Fed's actions are massively influencing the global financial system right now. As Marko says... Literally everything that is going on in the world is kind of irrelevant if J. Powell continues to be very hawkish. When the Fed decides it has had enough, everything else can start mattering again. Until then, it's really just all about them. Marko explains the Fed setup that could set off "the most calamitous recession in the history of the United States," and he shares his preferred indicators for a recession. He also discusses the Paul Volcker versus Arthur Burns debate... two former Fed chairmen who defined their careers by tackling inflation. Will Powell follow in Burns' dovish footsteps or take a more uncompromising stance like Volcker did? Finally, Marko highlights a future threat to the markets: the 2024 presidential election. As for which side he's on, he elicits some chuckles from Dan with his candor... I don't care, right or left... I bathe myself in nihilist indifference. My job is to forecast. It doesn't matter.

We're excited to have a brand-new guest for this week's Stansberry Investor Hour episode. And Dan has long admired him for his keen macroeconomic insights...   David Cervantes, the founder of New York's Pine Brook Capital Management, joins us today. Before establishing his firm in 2015, David already had roughly two decades of experience in the financial industry with Wall Street heavyweights like Wells Fargo, JPMorgan Chase, UBS, Bank of America, and Morgan Stanley.   Given the carnage in the markets, an uptick in inflation and volatility, and sky-high mortgage rates, Dan says, "We're on another planet versus a year ago." It's a big moment for macroeconomics... and that's exactly why Dan brought David on this week. He shares his expertise in understanding and explaining large-scale economic factors and gives his take on what's next for the markets. David also covers the debate between a cyclical versus secular bear market, the Federal Reserve's No. 1 fear, and whether he's in the soft-landing camp. As for his take on the future, it's one heavily colored by the Fed's true nature...