From the desk of:
Porter Stansberry

Some Conversations
Will Always Remain
Behind Closed Doors...


I'd like to let you listen in on a private conversation
with one of my attorneys, and one of the most
"dangerous" men in America.

However, this invitation is only open for the next 72 hours.


Dear Reader,

I'd like to let you listen in on a conversation – a very private conversation.

But, there are a few catches...

First, you must be willing to listen in on this conversation with an open mind. The ideas we discuss are controversial. We will be talking about ideas that most people do not discuss in public.

Second, you must agree to keep the conversation to yourself, for reasons that will become obvious.

If those "catches" seem fair enough to you, then here's the deal...

As I have been describing in my newsletter for about the past two years, I believe things in America are coming unraveled, and I believe we are headed for a major currency crisis.

Never before has there been a paper currency so widely accepted around the world... which only one government is allowed to print. This unchecked power will inevitably lead to a major crisis in the U.S. dollar. We are seeing it take place today before our very eyes.

Now, I know that many people don't believe these things will happen. But history has shown that the majority of people never anticipate or prepare for the biggest and most important societal changes.

For instance, had you lived in Europe in the summer of 1900 you'd have been living in the most prosperous, most peaceful place on the planet... but just 20 years later, Europe found itself torn apart by war.

And throughout the remainder of the 20th century, we saw a major geopolitical shift about every 20 years...

The rise and fall of Germany... the rise and fall of the Soviet empire... the shift from America to China as a manufacturing Mecca... the shift from Cold War to the War on Terror after 9/11... and most recently a global financial meltdown.

The point is, at the beginning of these events, it was almost impossible for the average citizen to imagine such dramatic changes. And while the exact times and events could never be forecast... the probability that these events would occur were clear to anyone who was paying close attention.

But I'm not writing today to talk about history

I want to talk to you about what is happening in America today...

And specifically, I want to talk about protecting your assets, and your family. Things we have so far been unable to discuss in public.

It's not that these ideas and strategies are illegal or even immoral...

No... the real reason we have not discussed these things is because most people are simply not ready for the ideas I recently discussed with a select group of experts and subscribers.

What's more, the information we covered must continue to be strictly controlled. The more people who know about, use, or even talk about these strategies, the less effective they become.

But because these are the strategies I'm following with my own money... and because I think this is THE MOST IMPORTANT TOPIC for anyone in America who is concerned about his family's future, I want to give you the opportunity to listen in on this conversation, which we have never held before, and likely will never hold again.

So what exactly are we covering?

For one, we'll be talking about how to protect your privacy, your family, and your assets... both inside and outside the borders of the United States.

Many people don't think they have enough money to worry about protecting. But the irony is... these are the people who should be the most concerned. The very wealthy already have at their disposal a cadre of lawyers and options. The average American doesn't, and will likely be the hardest hit.

My point is, it doesn't matter whether you have millions in financial assets or very little in savings... there are some very simple things I believe you should do... immediately.

Now believe me, I know this is a touchy subject.

But let me assure you, nothing we discussed is in any way illegal. It is, however, far removed from what most Americans have been exposed to up to this point in their life.

We'll be behind closed doors with one of the world's leading international asset protection attorneys.

The man you'd probably never
meet any other way

J.N. is one of the world's best connected lawyers.

I met him at a Caribbean tax haven ten years ago, where I'd been booked as an investment speaker at a major financial conference. We've been good friends since that day -- I even invited him to my wedding.

J.N.'s specialty is helping wealthy people from all over the world move assets to safer places -- whether that's into an international trust, a foreign bank account, or a Swiss Vault.

No one I know has helped more people accomplish total asset security over the last decade than J.N. He knows what structures are legal. He knows which firms are trustworthy. And, in countries around the world, he knows ways of getting things accomplished for people like me, who have an interest in maintaining my personal sovereignty.

When it comes to these matters, J.N. is the only guy I trust. Believe me, there are lots of people out there who will tell you they can help you manage estate tax problems or protect you from political risks, but, at the end of the day, they simply can't deliver. I'm confident J.N. can.

But... don't worry about relying on my endorsement. As you'll see for yourself, J.N. is simply the best in the world at what he does. No one else comes close.

He's a former Fulbright Scholar. He served in the Office of the Chief Counsel for International Commerce of the U.S. Department of Commerce. And he worked for the Commission of the European Communities in Brussels, Directorate-General's Office for Competition.

He built his own law firm, then left it to work by himself - one client at a time. He generally only takes on new clients that have a multi-million dollar net worth, folks like Wall Street CEOs and very successful entrepreneurs.

But, as a favor to me, he's agreed to participate in our conference call and let my subscribers listen in on everything he knows about how to best protect assets -- whether you're working with $100,000 or $1 million or $10 million.

Before I show you how, let me tell you about the second member of our conversation...

The guy you want on your side when...

Around here, we call him S.B., the "International Man of Mystery."

You already know him as Simon Black.

But I want to remind you of something Simon said recently...
"I do not have a home or a fixed base. I am constantly roaming around the world in search of profitable opportunities, meeting fantastic people, and finding ways to maximize my freedom.

To give you an example, in 2009 I spent time in Slovakia, Switzerland, Italy, Dubai, Abu Dhabi, Spain, Argentina, Chile, New Zealand, Hong Kong, the Philippines, Palau, Taiwan, Thailand, Panama, Finland, Lithuania, Poland, Hungary, Croatia, Slovenia, Austria, Colombia, and China.

I did business with a President, met with diplomats, trained with professional Thai boxers, briefed sovereign fund managers, flew an aerobatic stunt plane, lectured on entrepreneurship in Eastern Europe, met with bank presidents in Switzerland and Singapore, and provided venture capital to new startups.

I'm a student of the world, and I believe that travel is the greatest teacher. My knowledge is practical, and hopefully of significant use to you; off the top of my head I could quote you the price of beachfront property in Croatia, where to bank in Dubai, the best place to store gold in Singapore, which cities in Mexico are the safest, which hospitals in Asia are the most cost effective, and how to find condo foreclosure listings in Panama.

I believe that in order to achieve true freedom, you have to be able to make money, control your time, and eliminate the mindset that you are subject to a corrupt government that is bent on degrading your personal liberty."
Now, you may not want to live the life S.B. lives.... But believe me, this is a guy you want on your side when the proverbial s**t hits the fan in America.

Some folks consider S.B. and the ideas he discusses "dangerous." I believe you are absolutely crazy if you don't learn his techniques for protecting your money.

I can't reveal the specifics about what J.N. and S.B. will discuss on this call.

But I can tell you it is information that would cost you tens of thousands of dollars to obtain on your own. And I truly believe that it is the most important financial information you can acquire right now... certainly much more important than any stock, bond, mutual fund, or gold mining recommendation.

I will be joining this conversation as well, along with Brian Hunt, our managing editor. In short, I will be sharing with you what I am doing to protect my assets... and I will be peppering these guys to reveal the techniques and strategies we believe are most important to protect your family and your money, in a very dangerous world.

It goes without saying that this is information you're not likely to find in any mainstream publication... or from any print publication for that matter.

In fact, if you were to try to arrange a consultation on your own with S.B. and J.N., it would cost you several thousand dollars... if you could make it happen at all.

But we've arranged a very unique way for you to essentially be "behind closed doors" with both S.B. and J.N.

And once you let me know you'd like to listen in on our conversation, I'll send you exclusive access details and you can join us without ever leaving your desk or even your favorite chair.

Here's how it will all work...

Your personal invitation to try our newest service for the next 90 days

We're inviting you to this conversation as part of our newest investment research service: OFF THE RECORD.

OFF THE RECORD is not just another new newsletter or trading service. It has nothing to do with books, websites, or videos.

In short, we host a conference call, typically on the fourth Monday of each month, in which the lead analysts in our business... as well as our best contacts in the industry... discuss the most important stories in the investment world and their favorite investment ideas at the moment.

We call this service S&A OFF THE RECORD, because the information, opportunities, and ideas you'll hear about on these calls will often not be published in any of our ordinary research advisories.

On our first call, held in December, for example, we covered:
  • Frank Curzio reveals America's "best $1 stock"

    Frank Curzio, our newest analyst, is widely considered one of the best Penny Stock analysts in America... and we spent a small fortune to retain him. Frank used to work for one of the country's best-known hedge fund managers, and has recently signed an exclusive deal with us at Stansberry Research.

    Get this: Frank's track record for 2009 was absolutely perfect– not a single loser. And remember: he's been picking in the most volatile market.

    On our first OFF THE RECORD conference call, Frank described two of his favorite stocks under $10 right now, both of which he thinks are extremely safe, and will likely benefit from new government programs.

    In fact, one of these stocks is so small it will likely NEVER be written about in any S&A newsletter... but you can get the full details in the next few minutes, free of charge... simply by listening to our inaugural conference call.


  • I explained how to make 850% in five years

    I talked about one of my favorite investment ideas in the world right now. If you've been reading my work recently, you know that I believe the United States is in for major, major problems with our currency.

    I believe there are 2 prudent things you should be doing with your money, immediately. And I believe that one of these investments gives you a realistic chance to make 850% or more over the next few years.


  • How to make 1,900% with "Tax Certificates"

    Dr. Steve Sjuggerud talked about a unique way to make a lot of money right now, using what are known as "Tax Certificates." This has nothing to do with stocks or bonds.

    In the past few weeks, he has probably done more work investigating this opportunity than anyone in America. In fact, Dr. Sjuggerud describes how he recently made an investment in this opportunity personally, and expects to make a minimum of 20-times his money (that's 1,900%).

    Please keep in mind: Dr. Sjuggerud is as conservative as they come... and he does not make this claim lightly. But when you see the details of the situation, you'll see why a gain of nearly 2,000% is entirely possible.


  • Could the most controversial energy stock of the year make you 1,000% Gains?

    In January, we held another controversial call. With experts weighing in on both sides of this volatile stock story.

    The experts included...
    A major insider at the obscure Houston company that made this incredible discovery.

    One of the biggest venture capitalists in the resource industry... a multi-millionaire who has been investing in discovery-stage companies for more than 3 decades.

    A Texas "wildcatter" who has spent his entire life exploring for oil and gas, and knows exactly how to spot the profit potential in a new energy discovery.

    One of the world's biggest short sellers, who also happens to be a church pastor and is in the business of discovering financial frauds. This man has a significant "short" interest in this energy stock.

    And Matt Badiali, our in-house geologist, who recently traveled 40 hours across 9 different time zones to visit the site of this energy find... and evaluate the project first hand.
    As you can imagine, when a huge multibillion-dollar discovery is made, there's always a fair amount of skepticism among industry experts.

    Tiny resource companies have been known to fabricate data and even "pay off" analysts at major investment banks to write rosy reports.

    But folks who are "in the know"... who take the time and have the connections to investigate the situation early and thoroughly (like our in-house geologist, for instance)... can help you make an absolute fortune. We gathered a panel of 7 experts to give you the details on this situation... on an exclusive S&A members-only conference call.

    And, this play is still an opportunity you should consider.
What's great is, you can listen to these recent OFF THE RECORD calls... along with our newest call about protecting your assets and your privacy – which will only be open to new subscribers for the next 72 hours...

Let me explain...

Our best ideas... delivered immediately

On the fourth Monday of each month, we gather the best analysts at Stansberry Research, plus the best "outside" analysts in the business (people like Rick Rule, Chris Weber, Doug Casey, and more), to discuss the most pressing financial questions of the day... and the best current investment opportunities.

Our next OFF THE RECORD call will discuss how to protect your assets, your family and your way of life.

Why exactly are we producing OFF THE RECORD?

Well, over the years, we've realized that many of our best insights, ideas, and recommendations come about when we get a group of analysts together in the same room, to talk about our favorite ideas.

For example, for years now, we've gotten all of our analysts together each spring, for a private meeting.

Last May, for example, we got together all of our staffers with a group of the best minds in the investment world at a private setting on Maryland's Eastern Shore.

We met for three days at The Inn at Perry Cabin, probably the nicest resort within 150 miles. We held a series of closed-door meetings... not open to the public... in which we freely discussed our best ideas.

In addition to the entire Stansberry Research team, we invited more than a dozen outside experts, including one of the top asset protection attorneys in the world (whom you'll meet on this upcoming call)... one of the most well-respected gold analysts (John Doody)... one of the most successful mining investors of the past two decades (Doug Casey)... an ex-CIA officer (he prefers not to be named)... and the world's #1 seller of rare coins and other collectibles (Van Simmons)... just to name a few.

Over the course of several days, J.N. (the attorney) told us about several assets you can own right now that you do not have to report to the government.

John Doody (the gold mining expert) told us about a gold stock that was the only gold company to go up in value in 2008... which he is predicting could gain at least 100% more from today's price.

Doug Casey told us his secrets of getting a great deal on very small stocks. For example, early shareholders on one company he followed in the mining sector could have seen gains as high as 4,900%!

And our own Matt Badiali told us about a tiny mining company, which is the largest silver producer in China. Since Matt's discussion, shares are currently up over 120%.

The point is: When we get a lot of smart financial experts together for a conversation, very useful and potentially profitable ideas emerge. And that's the theory behind OFF THE RECORD.

Instead of keeping these conversations private, and doing them just once a year... we're going to hold them once a month, and record them over the phone, so you can have the chance to benefit in "real time," from the opportunities we discuss.

Plus, OFF THE RECORD allows us to bring you many of our best ideas... more quickly and efficiently than producing a newsletter, or special report. We can easily deliver all of our best ideas to you... in approximately 30 minutes.

(We also produce a transcript of each call, and post that on the website too... in case you'd rather read the conversation on the printed page. Also, you can go back and listen to each OFF THE RECORD call as often as you wish.)

So how can you listen to the latest call?

How To Get Access To the complete
OFF THE RECORD Archives

The truth is, we've never seen any other service like this either.

We believe it could be the most valuable research service we've ever produced.

We don't know of any other service that brings you up to speed on the most important financial issues of the day, and also provides the best investment ideas to take advantage of whatever the current situation may be.

Over the course of the next year, OFF THE RECORD will give you access to not only ALL of the analysts at Stansberry Research, but also dozens of other experts from the world of currencies, commodities, international real estate, asset protection, and more.

In short, you get what we believe are the best and most important ideas in the investment world... delivered to you once a month, via a 30-minute conference call.

We'd love for you to subscribe to this unique monthly research service, and take advantage of the opportunities we present. That's how we stay in business, after all.

But we think that instead of telling you how good this new service will be, it makes a lot more sense for you to simply see for yourself.

That's why, for the next 90 days, you'll be able to listen to our exclusive conference calls, that's three complete calls for you to try us out.

Take the next 90 days to review the service. Listen to our latest call – which you will have access to immediately – and see for yourself if this type of research is right for you.

We hope that after your 90-day preview, you'll want to continue subscribing to OFF THE RECORD. But there's no commitment necessary on your part.

If you decide it's not for you, just let us know and you'll get a refund (minus a 10% standard refund fee).

And, if you choose to stick with OFF THE RECORD, you'll have full access to every call for the next year (12 in all), which will typically be held on the fourth Monday of every month (we'll send you an e-mail notice well in advance of each call).

Bottom line: When you sign up to listen to our next call, you will have 90 days to try OFF THE RECORD have a full 90 days just to see if OFF THE RECORD is for you.

In other words, you're agreeing just to TRY this service. And you won't be obligated to stick with the service, if you decide it's not for you.

So how much does a year of OFF THE RECORD cost?

Before I give you the details and explain how to start your 90 day preview, let me tell you about one more thing I'd like to send you as part of this offer...

FREE: The Gold Investor's Bible

It's no secret that gold is one of the only "buy and hold" investments in the world right now.

In the past year, it has soared in value by more than 50%... and is the only investment in the world we know of that has gone up every year for the past 8 straight years.

The incredible thing is, the smartest and most experienced analysts we know believe gold will be worth much, much more in a few years. How high it will go, of course, nobody knows.

One thing is for sure, however: You want to own a significant amount of gold in your portfolio right now. But here's the amazing thing about gold...

Because gold has been out of favor for so long (remember the last real gold bull market was 20 years ago), and because it is not regulated in the same way as stocks and bonds... or written about much in the mainstream press... most Americans (including 99% of financial advisors) are clueless about how the gold markets work.

In short: Over the past few years, we have found dozens of little-known "inefficiencies" and secrets in the gold market. If you understand these things, you can potentially pocket thousands of extra dollars over the course of the next few years.

For example...
  • Do you know that there's a way to pay as little as 2% markup on gold bullion... or even ZERO dealer mark-up for real, hold-in-your-hand gold? It's possible through what is probably the most reputable gold market in America, located in New York City.


  • Also... did you know that some gold investments could allow you to get paid 15% a year 'interest' on your gold bullion holdings? This unique benefit allows you to safely hold a large chunk of your savings in bullion... and still have the opportunity to make a significant amount of income every year. Potentially much more than you could get from any bank or money market account.


  • Or how about a way you could legally cut in HALF the taxes you pay on gold investments. If you buy the right type of gold and follow certain steps, it could mean thousands of extra dollars in your pocket. Barron's wrote about this secret, in a recent issue.
All of these secrets, and much more, are included in our newest publication, called: The S&A Gold Investor's Bible. You'll also learn:
  • The little-known way to potentially buy gold at 20% less than current prices.


  • How to "store" your gold in a private Swiss Bank vault, practically for free... and more...
When you give OFF THE RECORD a try, you'll receive a copy of The S&A Gold Investor's Bible, absolutely free. And you'll be among the first to get it!

So, here's how to get started...

OFFER EXPIRES IN 72 HOURS

A full year of OFF THE RECORD costs $1,000 a year.

I think that is an absolute steal... and it is by far the most affordable way to get all of our best ideas at Stansberry Research.

Consider, to get the information you'll receive in the first conference call alone, you'd have to pay well over $5,000 worth of consulting fees... to get the details on all the opportunities we covered in this conversation.

And for a limited time, you can get an even better deal...
Because we want you to listen to our most recent call – which could be the most important call of 2010 – you have an opportunity to get OFF THE RECORD at significant discount.

And because you are already a subscriber of Sovereign Man…

For a limited time – the next 72 hours – you will pay just $800 for a year of OFF THE RECORD calls.
This includes access to 12 Conference Calls, typically held on the fourth Monday of each month. It also includes full access to a complete transcript of every call, which will be posted on the subscribers-only site, within 48 hours.

And of course, you'll also receive a free copy of The S&A Gold Investor's Bible.

To sum up:
1. You can try OFF THE RECORD, and listen to our most recent call with Simon and J.N. (We'll send you the details by e-mail in just a few minutes.)

If you decide at any time within the next 90 days that OFF THE RECORD is not for you, simply let us know and we will return your money (minus a standard 10% refund fee).

2. Even after your 90-day preview period is over, if you decide OFF THE RECORD is not for you, give us a call. We'll give you a prorated refund for the time remaining on your subscription.

3. In addition to a year of OFF THE RECORD calls, you will receive a free copy of The S&A Gold Investor's Bible.
Remember, much of the information, opportunities, and ideas you'll hear about on these calls will never be published in any of our ordinary research advisories.

I hope to hear from you right away.

I think this is the most exciting service we have produced in a long time, and I hope you take advantage of the opportunity to try it out.

Sincerely,



Porter Stansberry
Founder, S&A Investment Research
April 2010

P.S. I am very excited about our latestcall. We cover the details of what I believe is by far one of the most important topics for 2010 and beyond. As governments and individuals become more dependent on the success of fewer and fewer citizens, protection of your assets becomes as important as growing your assets.

Among others, you'll hear from J. N., one of the world's leading asset protection attorneys... and "international consultant" and Man of Mystery, Simon. Normally you'd have to spend thousands of dollars for information like this but you'll have a chance to hear both S.B. and J.N. for a fraction of that.

P.P.S. Remember, by taking advantage of this offer right now, you will lock in a significant discount for a one-year subscription to OFF THE RECORD. But this offer will only remain open for the next 72 hours.

To start your trial, simply click the "Subscribe Now" button below.


Subscribe Now

LEGAL DISCLAIMER: This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. Stansberry & Associates Investment Research expressly forbids its writers from having a financial interest in any security they recommend to our subscribers. And all Stansberry & Associates Investment Research (and affiliated companies), employees, and agents must wait 24 hours after an initial trade recommendation is published on the Internet, or 72 hours after a direct mail publication is sent, before acting on that recommendation.

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