525% on the fall of Goldman Sachs

525% on the fall of Goldman Sachs

When the mortgage crisis started...
Every big bank in the world took big losses on their bad mortgage debt...
Everyone, that is, except Goldman Sachs.

So Porter took a closer look at the situation.

On October 30, 2007, he told readers: "What's most interesting to me about the whole mortgage mess? The share price of Goldman Sachs hit a new high yesterday. Which do you believe is more likely: The managing directors at Goldman Sachs are incredibly superior to every other investment bank in the world... or the firm simply hasn't come clean yet with the real value of its mortgage holdings?"

Once again, Porter was right on the money.

"There's no way GMcan survive..."

March 14, 2007:

Porter told his Investment Advisory readers:

"GM is now in a death spiral. Given the rapid decline of operations and revenue, I think it will be very lucky to survive 2008. There's no way GM can last through the end of 2009 without filing for bankruptcy."

April 19, 2009:

The Financial Times ran this story:

Markets on alert for GM bankruptcy: "A Chapter 11 filing by GM is inevitable..."

Five months after Porter wrote his initial report -- and after Goldman swore up and down that it did not have exposure to the mortgage mess -- Goldman announced it had lost $1 billion, thanks to the mortgage mess. Since then, I'm sure you know what happened...

Goldman's shareholders got killed. The stock crashed from $200 per share to around $50...
Meanwhile, you would have had the chance to make as much as 5 times your money on the Goldman Sachs situation, like Porter reader Mike Suazo did...

Mike told us: "I made a ton of money, and it was on a single trade. I listened to what you had to say, Porter, about Goldman... I was stopped out after four days for a 525% gain! I'm ecstatic." The truth is, Porter's readers have had some of the most profitable information in the entire financial research business during the mortgage crisis.

But no matter what's going on in the economy or the stock market, Porter has produced safe, consistent results.