You see this in the oil industry time and time again. Fears that we've found the last oil, that we're going to run out, pop up constantly. And soon afterward, because the price goes up, huge new reservoirs are discovered. — Porter Stansberry Copy Share Image
Measuring the oil industry in dollars gives you a very warped view. Pick a sound currency such as Swiss francs or gold grams and look at the oil business through that lens. — Porter Stansberry Copy Share Image
There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary… — Porter Stansberry Copy Share Image
I didn't understand anything about fracking or horizontal drilling until about 2010, when I first learned about the Eagle Ford. — Porter Stansberry Copy Share Image
You wouldn't want to underestimate the perfidy of the government. I have no doubt that the government will need to increase revenues substantially to… — Porter Stansberry Copy Share Image
The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there… — Porter Stansberry Copy Share Image
The yuan is actually a very attractive currency and will prove to be very reliable-much more so than the U.S. dollar. — Porter Stansberry Copy Share Image
As you know, the United States has been a net debtor to the world each year since 1976, I believe. We've put a huge… — Porter Stansberry Copy Share Image
I'm happy to make returns of 4% to 6% a year on my real estate portfolio. If inflation comes along I'll be able to… — Porter Stansberry Copy Share Image
You see this in the oil industry time and time again. Fears that we've found the last oil, that we're going to run out,… — Porter Stansberry Copy Share Image
There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for… — Porter Stansberry Copy Share Image
And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment. — Porter Stansberry Copy Share Image
I was very bearish on natural gas for many years, pretty much from 2006 on. There was a tremendous natural gas bubble in the… — Porter Stansberry Copy Share Image
Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by… — Porter Stansberry Copy Share Image
There is a tremendous amount of oil in Iraq and it's still very, very cheap due to all the political uncertainty. So if you… — Porter Stansberry Copy Share Image
There is a belief, at least on the part of the American people, that they can borrow money forever without consequence. — Porter Stansberry Copy Share Image
You can survive your income falling if it's not dramatic. Your income can decrease for a long time before you start living beyond your… — Porter Stansberry Copy Share Image
