About America 2020
Brought to you by Porter Stansberry, America 2020 is claimed to be a 107-page “survival blueprint” that details the exact steps you can take to prepare you and your family for the “inevitable” financial crisis coming to America. According to Porter, America 2020 contains dozens of ideas and real-world—yet completely legal—tips that can simply, cheaply, and easily help you take the necessary steps to be ready, including:
- The 3 assets you legally do not have to report to the government.
- The #1 best strategy to “get out of any jam” during the next crisis.
- How to safely and legally move money out of the US (and the US dollar), without having to report it to the US government.
- A “radical technique” used by New Orleans residents to pull through unscathed after Hurricane Katrina.
- How to get real silver in your hands for less than $3.
- The most valuable asset in a time of crisis that can help protect you and your family from the chaos.
- The world’s 3 safest currencies.
- Porter’s favorite gold storage facility in America.
- Where to go during a US crisis.
- A simple way to organize all your financial documents.
- How to quickly open a foreign bank account online.
- …and much more.
If you decided to sit through the whole America 2020 video presentation, you likely have a lot of questions, the least of which is “is this worth my time and money?” To answer your questions, consider the following:
What Is America 2020 Really?
When it comes down to it, it’s our opinion that America 2020 is likely just a marketing tool that’s intended to 1) gather your email address and contact information (known as a lead), and 2) to convince you to sign up for the company’s monthly fee-based newsletter.
This is because in our experience, these “sales generation” e-books generally contain much more vague information than their promotional videos might make you believe, or contain basic information you could find for free online, through your tax accountant, or a trusted financial planner. In other words, they’re often intended to pique your interest and cause you to purchase additional material in order to gain all the necessary information.
With this in mind, let’s take a quick look at 3 of America 2020’s specific claims, and provide you with some real insight you can put to use.
Which 3 Assets Don’t Have to Be Reported to the Government?
Although the America 2020 video claims there are 3 assets that don’t have to be reported, it doesn’t provide any additional information about the topic. To find out for ourselves though, after searching online for “assets that don’t have to be reported to the government,” we learned that we should:
- Open a foreign bank account with less than $10K in it.
- Buy some foreign land.
- Create an offshore trust.
- Store your gold offshore.
In other words, learning this information was extraordinarily easy, although implementing this information and putting into action will almost always require the services of a financial professional. This is likely where the company will attempt to hook you for higher-paid services.
How Do You Move Your Money Outside the US?
When searching for this term online, we encountered dozens of “the-sky-is-falling” websites and promotional videos that mirror the feel of America 2020’s content. In other words, it seems like they’re attempting to scare you instead of legitimately inform you.
With this in mind, although America 2020 makes it seem easy and uncomplicated, the reality is that moving money outside of the US can be complicated depending on hundreds (or perhaps even thousands) of different factors, including how much money you’re moving, which country you’re moving it to, and more. On top of this, according to a 2013 Forbes article, in order to move your money outside the US:
You generally must prove 5 years of tax compliance in the U.S. Plus, if you have a net worth greater than $2 million or have average annual net income tax for the 5 previous years of $155,000 or more (that’s tax, not income), you pay an exit tax.
In other words, as we mentioned above, it’s always best to have a financial professional walk you through these matters.
Who Is Porter Stansberry?
According to the America 2020 promotional video, Porter Stansberry is the founder of Stansberry & Associates Investment Research, a “subscription-based publisher of financial information and software, serving millions of investors around the world.”
In other words, Porter Stansberry and his company make money by selling subscriptions to their newsletters, which are claimed to provide insider information about financial markets.
Are Customers Finding America 2020 to be Useful?
Overall, most of the online customer reviews we uncovered for America 2020 during our research were found on message boards, and appeared to be negative. A user on USMessageBoard.com stated that “Stansberry has been predicting economic armageddon for a long time, as have many others,” while a reader on MrMoneyMustache.com noted “Most of us around here don't believe in the doomers' fear-mongering. The world is not going to end, despite the calls that it will for the last few years, decades, centuries, and even millennium. In other words, yes, it is a scam.”
Finally, a USPoliticsOnline.com user noted, “The video and book are bait to get you to open your wallet. He's convicted of SEC violations and has been selling on financial doomsday tales for years now” (more about this next).
Reviews About Porter Stansberry
Regarding Porter Stansberry specifically, it appears he’s encountered legal trouble in the past, when “the U.S. Securities and Exchange Commission brought a case against Stansberry for a "scheme to defraud public investors by disseminating false information in several Internet newsletters. A federal court, upheld on appeal, found that Stansberry had sent out a newsletter to subscribers, predicting one company's stock was about to soar. Stansberry maintains that his information came from a company executive; the court found that he fabricated the source.”
Then, in 2007, “he and his investment firm, then called "Pirate Investor," were ordered by a U.S. District Court to pay $1.5 million in restitution and civil penalties. The court rejected Stansberry’s 1st Amendment defense, saying "Stansberry's conduct undoubtedly involved deliberate fraud, making statements that he knew to be false.”
Reviews About Stansberry & Associates Investment Research
From a company perspective, Stansberry & Associates Investment Research held an A+ rating with the Better Business Bureau based on 43 closed complaints (as of 3/27/14), the most common of which cited unauthorized recurring newsletter charges, despite multiple attempts to cancel subscriptions.
InvestorJunkie also gave Stansberry Research a 2.5-star rating (out of 5) based on predictions that didn’t come true, and on the company’s run-ins with the SEC. The author also noted that, “while Stansberry’s monthly newsletters are very good, the free special reports he offers [such as America 2020] are, in my opinion, complete garbage.”
America 2020 Pricing & Refund Policy
America 2020 is priced at $5 to cover S&H charges, for which you’ll receive an electronic copy immediately, as well as a hard copy later in the mail.
On top of this, Porter claims you’ll also receive 3 additional bonus reports:
- The Tax-Free Way to Make 500% in America Today
- The Gold Investor’s Manual
- The 100% Secret
… in addition to a 30-day trial subscription to the monthly research report titled Stansberry’s Investment Advisory. Important note: If you fail to cancel your trial within 30 days of placing your order, you’ll then be billed $99 for a full 1-year subscription.
According to the America 2020 promotional video, the material comes with a 100% money back guarantee, although there isn’t any additional information provided about the guarantee, or a method to contact the company if you’re dissatisfied.
Can America 2020 Help Protect You in a Crisis?
When it comes down to it, based on the lack of details about what’s contained in America 2020, the company’s poor reputation (at least with its promotional materials), and Stansberry Research’s multiple run-ins with the SEC, it’s our opinion that your $5 will be used to build the company’s email list, and hopefully to convert you into a paying customer for their wealth management and retirement services.
In other words, America 2020 simply appears to be a promotional tool, and is very likely to not provide you with all the information you’ll need in order to make a decision without subscribing to the firm’s other services.
92 out 103 people found this review helpful
I've been researching this myself for years, what's happening is the oldest financial trick in the book.
Before you read this long entry, I just want to tell you to stick with it, even though it's long. It's very eye opening, informative and most importantly, factually accurate! People in doubt of the currency crisis (the global crash, for example, is only global because our currency is the world reserve currency, and almost every nation relies upon our dollar being strong and worth the wealth) will prove themselves wrong if they did just a little bit of research into the actual facts.
The wealth of our nation is controlled by private interests (aka entities, aka people) who know how to steal the nation's wealth and leave that nation rich in worthless paper currency.
First of all, whoever says that the above statement is misleading and exacerbates the problem, has NO fundamental understanding of how currency literally controls a nation. As Mayer Rothschild said, "Give me control of a nation's money supply, and I care not who makes the laws." In other words, if a private entity owns a nation's currency rights (such as printing, issuing and setting interest rates), then that private entity has absolute control over the country. The main lie is that the ownership of the nation's central bank is private. Ours is called the Federal Reserve Bank, yet there is NOTHING in it connected to our government. The same analogy would be that just because Federal Express has the word "federal" in its name, doesn't mean it is owned by the government. As long as the people living within the lie, operate by the rules of the lie, while the lie is believed, they will make money. Once the lie can either no longer sustain itself, or it's understood by the nation's people, it won't work anymore. And thus the rules of the lie won't work anymore, and the people who were making millions are suddenly making nothing (well, they'll still have their millions, but it'll be worth almost nothing).
Argentina is a perfect example. It used to be considered the jewel of South America, because it was so well off and had so many wealthy people making oodles of money. The one thing almost all of those millionaires didn't understand, was that their currency was controlled by private entities masquerading as a government entity, aka the nation's central bank. Once that lie was unable to sustain itself, everything unraveled, and all of those millionaires suddenly became poor. This was because their ignorance and normalcy bias told them to keep believing the lie, that it would eventually work out, and they'll be wealthy again. Yet, by the time they faced reality and understood what happened, the currency they had was nearly worthless, and there was no way to make their wealth back.
This is the oldest financial trick in the book! Nations have been falling for it for centuries, or they had corrupt politicians who sold their people out for the promise of a lavish life, even after the country crashed. The most recent (within the last century) examples are Germany, The Soviet Union, Zimbabwe, Argentina, etc.
They all suffered from the same trap, they just had a different way of bringing about the destruction of their currency. A good way to look at it is this. A .223 bullet can be fired from different guns, but we'll use the AR-15 and Mini 14 for this example. That bullet will do the same amount of damage, no matter what gun it's fired from. The setup of the guns are different, the mechanics are different, the weights are different, yet the bullet cartridge gets hit in the same primer, same spot of the primer, and fires out of the guns identically. The bullet does the same damage to the target no matter what gun it was fired from. This analogy is the same as the central bank being owned by private entities and having the same result every time, with the currency being worth nothing, no matter how it's set up and triggered.
And as a final note, regarding the private entity owning a country through controlling that nation's currency (through the nation's central bank and lying to the people making them think it's a government entity), that private entities controls the central bank's printing and issuing. On top of that, it sets the interest rate of the currency, holding the country hostage. They tell the politicians that they will crash the country by stopping the flow of currency, and that can be done multiple ways. Do you believe that?
Look up the video on YouTube called Rep. Brad Sherman Martial Law. It should be the first one, or one of the tops ones, and should be like 49 seconds long. The people behind the closed doors that talked to the congress people and told them that they'd crash the markets, are the private entities who control our currency.
Everything they put in these America 2020 books is historical and current fact. The same lie has been peddled for centuries. Our founding fathers not only spoke about and warned our ancestors of this exact thing, they also kicked out and prevented this exact thing from happening to our county at least three times! Andrew Jackson kicked these private entities out twice, with the "First National Bank" and then the "Second National Bank". The elitist entities couldn't do it then, so they had to wait and try again. That's when Abraham Lincoln kicked them out and warned the people of America about what happened. The elitist entities couldn't get any of their lies passed, by trying to bribe congressmen to pass laws making them in control of our currency, for many decades yet again. The elitists finally succeeded in 1913, but they had to do it in secret, which is documented and detailed in the book "The Creature from Jekyll Island". It documents the elitists involved in the creation and passage of the "The Federal Reserve Act", talking and bragging about what they did later in various publications.
Go ahead, research everything I've typed. And don't just look for someone's ignorant opinion, who is just saying what they think, and has no idea what the difference between a private central bank and a public central bank is. When the central bank is public, it is owned and controlled by the people of the country. We wouldn't want to kill our nation, so we let the free market set the rules, interest rates and issuance of our currency. But when it's private, the wealth of the nation is controlled by private interests.
Bottom Line: Yes, I would recommend this to a friend
41 out 54 people found this review helpful
To think of Porter Stansberry as a crackpot would be a mistake.
I have been a client of Stansberry Research for many years. I have profited greatly from this association. America 2020 is a well researched and presented book. I personally will take heed of the warnings, many of which coincide with my own judgment. You should too. They are pretty scary. Porter Stansberry's predictions in the past have come to be.
Bottom Line: Yes, I would recommend this to a friend
82 out 89 people found this review helpful
Nonsense for Normal Hard Working People
I would have been really angry if I had paid anything for it. Unless you have more money than common sense don't waste your money. This guy talks about carrying $100,000.00 in case of emergency in another country and buying real estate and precious metals in other countries. When we have a global financial collapse those investments would be taken by the respective governments and businesses in those countries, of which this guy is part of.
Bottom Line: No, I would not recommend this to a friend
37 out 75 people found this review helpful
100% legitimate, gives there best ideas for how to prepare
Though the message is scary, I would not consider this fear mongering. The situation our government has placed us in is what it is, people should know about it instead of ignoring it. Definitely worth your time.
Bottom Line: Yes, I would recommend this to a friend
157 out 167 people found this review helpful
Not free like it says.
I signed up to get the book a few days ago and it said it was free but I just had to pay $5 for the shipping and handling. Well they charged my bank $55 plus that $5 for the handling.
Bottom Line: No, I would not recommend this to a friend