Subscribe to stay up to date with the latest videos ?-? https://www.sbry.co/suBiHEpisode 49 - How Gold Goes to $5,000What happens when 15% of the largest companies in America can no longer afford the interest on their debts? As the Federal Reserve pushes interest rates past 3%, Porter makes the case that we could see investors pulling out of the stocks to put money back into the safety of government bonds. Is this how the air comes out of the current bull market in equities?Extreme Value analyst and editor Dan Ferris joins the show to talk about how to spot the next "$6 Amazon Moment", how his value investing style has changed in an overheated market, and what could usher in the next "Golden Age of Value Investing." Porter asks Dan to explain the first thing he looks at when evaluating a beaten down stock and reveals a scenario for $5,000 gold that doesn't sound outlandish, at all.A listener writes in to tell Porter he's completely backwards when it comes to position sizing with bonds, and Buck tells everyone he's moving to "the swamp" in DC.Be sure to click here to never miss an episode ?+"GOOGLE PLAY MUSIC ?-? https://www.sbry.co/lkwhpITUNES ?-? https://www.sbry.co/7OQ79SOUNDCLOUD ?-? https://www.sbry.co/jHn5hSTITCHER ?-? https://www.sbry.co/tEkL5Check out NewsWire's Investors MarketCast ?+"GOOGLE PLAY MUSIC ?-? https://www.sbry.co/dzzKqAPPLE ITUNES ?-? https://www.sbry.co/GoCV0STITCHER ?-? https://www.sbry.co/s86p1------------Follow us on Twitter ?-? https://www.sbry.co/p11ihJoin our Facebook Community ?-? https://www.sbry.co/fMckKCheck out our website ?-? https://www.sbry.co/wUAyeCheck out Stansberry NewsWire ?-?https://www.sbry.co/IhNeWCheck out Health and Wealth Bulletin ?-? https://www.sbry.co/iHRmDCheck out Extreme Value ?-? https://www.sbry.co/EvIiH------------01:01 Porter announces Stansberry Research will be sponsoring a PGA golfer, and Buck teases his new career move. "I'm gonna be a swamp-dweller, officially."03:45 Buck announces this week's Stansberry Investor Hour guest: Extreme Value editor Dan Ferris, here to share his forecast of a new "Golden Age of Value Investing."06:09 Porter shares a grim finding he first revealed in last week's Stansberry Digest - that a big number of supposedly blue-chip companies don't even appear able to pay off the debt they've accrued. "What if 15% of the 1,500 largest countries in America can't pay the interest on their debt?"09:21 Rising interest rates will crush debt-ridden companies that can barely make interest payments even in this low-rate regime. Now Porter has a warning for people with large amounts in the stock market.11:02 Porter revisits his No. 1 prediction for 2018, that gold would outperform Bitcoin.15:17 Porter makes a big, bearish prediction about where stocks are headed this year. "There's no doubt in my mind that the stock market will fall by at least 20% this year."20:26 Buck introduces Dan Ferris, Stansberry's original research analyst who joined Porter in 2000 and has picked three of the top ten highest-performing stocks in the Stansberry Hall of Fame. Porter immediately quizzes him on Amazon's fundamentals.22:23 Porter shares the story of that time he bought Amazon stock in the late 1990s with "every penny he had saved in the world," what he spent the profits on two years later, and how, if he'd held those shares and done nothing at all with his life, he'd be far richer than he is now.27:18 Dan and Porter discuss the key to finding stocks like Amazon after they've been beaten up and left for dead. The key: You'll want to make your move not the first, but the second or third time they hit their lows.31:00 Dan explains why he's taking a hard look at a sector Porter can't fathom investing in: shipping. "You pour perfectly good capital into a gigantic machine that consumes fuel, and employees, and it rusts... and you try and make money off that?"41:06 Buck reaches into the mailbag to pull out a question from Joe M., who calls Porter "100% bass-ackwards" on his ideas on bond investing. But Porter gets the last say.44:57 James G. writes in to ask Porter about his American Jubilee thesis. What are his thoughts on the Federal Reserve, rather than our politicians, doing the honors for America's debt forgiveness?