Stansberry Investor Hour

One big announcement... That's all it took to boost one dying old company from $2.10 on a Friday... To as high as $60 on a Wednesday. On this week's episode I'll examine some of the foul play surrounding the $765 million Kodak deal that was just announced last week. It looks so bad that the SEC is already involved. I also interview Simon Mikhailovich, founder of The Bullion Reserve, a full service gold solution for accredited investors. We talk about what makes gold better than many other investments, as well as where we see the price going in the upcoming years.

Dan's been ranting about excess in the stock market for ages. And today, he's found the perfect example... when earlier this week one of the least innovative businesses in recent memory soared over 1,400% thanks to some surprising news. Then on this week's interview, Dan welcomes guest Amity Shlaes on to the show. Amity chairs the Board at the Calvin Coolidge Presidential Foundation, famous for sponsoring the Coolidge Scholarship, a full academic scholarship for academic merit. Amity has written five books, four of which are New York Times Best Sellers, including The Great Society: A New History, The Forgotten Man, Coolidge, and The Greedy Hand. Dan and Amity discuss several of her books and how the historical episodes she writes about are instructive for investors today. And finally on the mailbag, one listener asks Dan... what's going on with silver? And another listener asks, Dan, you've been right on so many calls... why aren't you more aggressive?

When stocks are soaring and sports bloggers like Dave Portnoy of Barstool Sports and talking about how easy it is to make money in the stock market, it might be time to worry. Dan opens this week's episode by reminding listeners, "this is exactly what it sounds like at the top." Then on this week's interview, Dan welcomes guest William Cohan on to the show. Will started his career as an investigative reporter for the Raleigh Times before eventually setting his sights on Wall Street. He quickly began a successful career as a mergers and acquisitions banker, eventually becoming a managing director at JPMorgan Chase. Will and Dan discuss a wide range of topics including Will's latest book, The Last Tycoons: The Secret History of Lazard Frères & Co. Will says, "That's why I wanted to write this book... to share with people what it was like to work at this firm, which had this soaring reputation and was filled with, as you pointed out directly, Great Men but was utterly dysfunctional, utterly chaotic." Will gives Dan all of the fascinating details about what goes on behind the scenes at some of Wall Street's biggest firms. And finally on the mailbag, one listener asks Dan... if inflation occurs and interest rates rise, could we see a period where real estate prices suffer? And another listener asks some in depth questions about asset swaps at the Fed. Dan gives the listener a long and detailed answer here on this week's episode.

On today's episode of the Stansberry Investor Hour, Dan rants about one of the funniest and most ridiculous news stories you'll see in 2020. No, really. He also takes time to warn listeners about the herd of new day traders buying Tesla shares by the thousands. "I think it's 1998 all over again!" Then on this week's interview, Dan welcomes guest Peter Pham on to the show. Peter is the founder and chairman of Phoenix Capital, a bespoke advisory firm offering analysis, strategies and insights on investment and finance. Peter's analysis has been featured on a variety of publications including The Motley Fool, Seeking Alpha, CNN Money, Bloomberg, and many more. Peter has a different way of looking at finance and the markets than many others. During the interview, Peter teaches Dan about some relatively new ideas in the world of finance like the omega point how it could signal the end of a nation's lifecycle. They both share a bleak view, but Peter says there are things you can do to protect yourself today. And finally on the mailbag, one listener asks Dan to clarify the best way to track and implement your trailing stops. Another asks if Dan thinks it's time to pull your money out of bank stocks. And if an investor believed commodities were severely undervalued, what would be the simplest most effective way to take advantage of that situation? Listen to Dan's response to these questions and more on this week's episode.

On this week's episode of the Stansberry Investor Hour, Dan opens the show ranting about The Heroes Act passed by the House of Representatives... a stimulus package with a $3 trillion price tag. Both sides of the aisle have agreed to print money like it's going out of style. Dan also shares an interesting silver trade that was brought to his attention from one of Stansberry's top traders. Then on this week's interview, Dan welcomes guest Cullen Roche on to the show. Cullen is the founder of Orcam Financial Group, which is a financial services firm offering research, personal advisory, institutional consulting, and educational services. Before founding his own business, Cullen oversaw $500 million in AUM with Merrill Lynch Global Wealth Management. During the interview, Cullen explains in detail why the Fed usually takes all the heat when it comes to irresponsible fiscal policy, but the Treasury often gets overlooked. "The entity that is much more powerful in terms of money printing prowess is the US Treasury." Cullen also presents a grim view on the bond and equity markets going forward but gives sound advice on how to protect yourself. And finally on the mailbag, one repeat listener asks Dan if he thinks taxes will be raised going forward. Will the governments of the world even attempt to pay back all this debt? And another dedicated listener presents his own research on how trailing stops may affect your returns.

Dan opens this week's show ranting about good thinking versus bad thinking. And then he goes off on a listener who emailed in with some bad thinking. Then on this week's interview, Dan welcomes guest Aaron Edelheit on to the show. Aaron is an author, value investor, and the CEO and Founder of Mindset Capital. Aaron is a repeat guest to the podcast who has been featured and quoted in the Wall Street Journal, the New York Times, Bloomberg, CNBC, among many others. During the interview, Aaron does a deep dive into one of his favorite value stocks that has been beaten down for several years. It's a household name that everyone has heard of, it has a massive base of millions of engaged users, and dozens of ways to monetize that base going forward. Could a new incoming management team be all it takes to send this stock soaring? And finally on the mailbag, several listeners have questions about alternatives to Bitcoin or possible Bitcoin copycats. Dan reads a response from Eric Wade, Stansberry's biggest crypto expert, to help address these concerns. Plus, one physician writes in to tell Dan that he cringes every time Dan talks about coronavirus. Listen to Dan's response here on this week's episode.

On this week's episode, Dan turns to Dr. David Eifrig for his thoughts on the Coronavirus. Now that we know 80-90% of people who are infected with Coronavirus have with no problems, Doc says it's time to re-open America. Then on this week's interview, Dan welcomes Rupal Bhansali on to the show. Rupal is Chief Investment Officer and Portfolio Manager at Ariel Investments, where she manages over $6 billion in portfolios for both institutional and retail clients. During the interview, Rupal shares her fascinating story of growing up in India and working her way up Dulal Street, the Indian version of Wall Street, where she learned the fundamentals of investing for several years before coming to America and trading her first stock. Rupal also tells Dan about the biggest lesson she learned from George Soros during her time at Soros Fund Management. Later, Rupal also explains to Dan why an extremely popular stock found in many of the listeners portfolios is extremely overvalued. Plus she mentions a long-forgotten stock that she thinks could be a massive winner. You won't want to miss it. And finally Dan answers questions from listeners in another mailbag. One listener asks, what's the best way to invest in Chinese equities and ETFs? Another listener asks, is it even possible to fight the Fed when they just keep pumping money into the market? And finally, what are your top must-read books for newer investors just getting started? Dan answers these questions and more on this week's episode.

Dan starts off this week's rant focusing on some crazy news the Fed just announced. Could we see a sideways market over the next five years? If you think it's impossible, just know it's happened before. Plus, Dan takes a look at Hertz's insane new prospectus and highlights some of the gems. The company readily concedes that these shares will end up worthless, yet millions of shares are still being bought to this day. Then on this week's interview, Dan brings 19-time-Emmy-winner and winner of 5 awards from the National Press Club, John Stossel, onto the podcast. John has been one of the biggest names in TV consumer reporting over his incredible 50 year career, working for both ABC News and Fox Business Channel. John also has written several books, most recently, No They Can't! Why Government Fails but Individuals Succeed. During their interview, John tells Dan why he has left the mainstream media circle and created StosselTV on www.JohnStossel.com. They also discuss other hot button topics like the nanny state, trouble with policing in America, and the Coronavirus. You won't want to miss this interview. On this week's episode of the mailbag one listener asks Dan, what happens to the crypto network when miners no longer receive compensation for their work? Also, are there any specific parallels from the Dot Com crash to today's market environment? And why do some bankrupt companies actually stay above zero? Dan answers these questions and more on this week's episode.

On this week's episode Dan discusses several news stories popping up of brand new retail investors making incredibly risky bets gambling on stocks like Hertz and J.C. Penney.... Could we be nearing the top again? Plus, Dan discusses some extremely controversial steps being taken in Minneapolis, after their City Council announced plans to disband the police department. Could is actually succeed or is it destined for disaster? Then, Dan bring special guest, Dr. Jeff Ross, onto the podcast for this week's interview. Jeff is the Founder and Managing Director at Vailshire Capital Management, an investment advisory service, and Vailshire Partners, a hedge fund that is beating the market this year by a wide margin. During their conversation, Jeff and Dan talk about the protests and riots across the country, including the shifting perceptions on the black lives matter movement. Jeff also shares what he thinks will be the best investment of the next decade and one of his favorite stocks. Finally, Dan gets a little heated answering questions from the mailbag... Dan, what's with your opinion? Just give me the facts... Is there actually rioting in the streets? How can a few thousand millennials on Robinhood cause a Melt Up? What happens if a law is passed and Chinese companies are de-listed from US exchanges? And why is the bond market considered a leading economic indicator? Dan answers these questions and more here on this week's episode.

Dan opens up this week's episode discussing the tragic death of George Floyd and the riots and protests that have erupted across the nation as a result. Dan discusses the factors that make this situation feel different and the implications it could have on the market's recovery. He also shares how this could have huge potential investmenet implications for investors down the road. Then, Dan bring special guest, Jesse Felder, onto the podcast for this week's interview. Jesse started his career at Bear Stearns & Co. and has professionally managed money for over 20 years. Since moving to Bend, OR and founding The Felder Report, Jesse's writing and research have been featured in major publications and websites such as Barron's, The Wall Street Journal, Yahoo Finance, Business Insider, Real Vision, and more. During their conversation, Jesse shares his insights with Dan into where he thinks the market is headed. He also shares the name of a really undervalued stock that he's been trading lately... Jesse says this company has no debt, over $1 billion in cash reserves, and is trading way below its liquidation value. Then Dan answers questions from listeners during this week's Mailbag. Why is it that those who claim fiat currency is collapsing want us to buy gold from them using US dollars? Wouldn't they want gold over dollars? What would a long deflationary cycle do to the price of real estate, gold and Bitcoin?