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Porter Stansberry: "You could actually see a 50% correction in stock prices”

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by Porter and Company
Thursday, Nov 14, 2024 - 16:52

"It’s time to be conservative... You could actually see a 50% correction in stock prices," warns investment analyst and Porter & Co. CEO Porter Stansberry in a must-watch interview with Daniela Cambone from ITM Trading. Porter shares insights on navigating inflation by investing in resilient brands with strong pricing power, like Hershey, and discusses AI’s transformative potential, likening it to "railroad part two." He also sees gold as a hedge against severe economic downturns. “Homestake Mine was the best-performing stock of the 1930s,” he says. “If we end up in a real currency crisis, a real economic disaster, you're going to want to own gold.”

Click here to watch the full interview.

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