A Message From Porter & Company

No one has told you about it or prepared you for it…

But America’s money is being replaced.

A dollar reset on this scale has happened just once before in our 250-year history.

That was back in 1974, with a secret deal struck in a Saudi desert that quietly determined the financial fate of an entire generation of Americans.

It created extraordinary wealth for some, while casting millions more into relative poverty.

Now, 52 years later, it's happening again.

And I’d like to show you how to prepare for it, while there’s still time.

My name is Porter Stansberry.

I'm the founder of one of the largest independent financial research firms in the world. Over the last 30 years we've helped hundreds of thousands of Americans navigate almost every major economic cycle.

We've been on the forefront of every big financial story – from the collapse of Fannie Mae and Freddie Mac to the rise of Bitcoin, the COVID inflation surge, and the artificial intelligence revolution.

But today, I need to expose a story the likes of which we haven't seen in half a century.

And as you'll see, the aftershock of this event could reset not just your personal wealth, but the entire foundation of the U.S. dollar.

How you save, how you invest, how you protect everything you've built… it's all being reshaped by what Fortune calls "the biggest change to the world's relationship with the dollar" in a generation.

Yet almost nobody is prepared for it.

So if you've been watching the chaos of the past year unfold, struggling to make sense of it all – you're about to get the answers you've been searching for.

Everything from the government taking direct equity stakes in tiny mining companies… to Trump's obsession with Greenland… his strange deals with Elon Musk, Jeff Bezos, Sam Altman, and Mark Zuckerberg… the re-opening of shuttered nuclear plants… and a $12 billion stockpile of obscure metals most Americans have never heard of…

It's all deeply and inexorably connected to an inescapable fact no one has prepared you for:

President Trump is replacing the dollar.

His shocking money reset has bypassed all conventional channels – enacted instead through a series of executive orders, bi-lateral deals, and a landmark treaty signed by 13 nations in December 2025 (barely reported in the press) called Pax Silica.

You need to know that the financial decisions you make in the face of Trump's New Dollar could dictate whether you're enriched, or quietly impoverished by the seismic shift already underway.

The stocks to buy. The assets to avoid. And the critical moves our research indicates you should make to ensure you and your family end up on the right side of this once-in-a-generation wealth divide…

It's all laid out here for you in my important new briefing.

Good investing,
Porter Stansberry

Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers

Author: Chris Markoch. Publication Date: 9/12/2026.

Markets have followed a predictable pattern since the United States-Iran conflict began: When the price of oil rises, stocks fall, and vice versa.

On Sept. 10, the price of crude oil crossed the psychologically important $100-per-barrel mark. That came just before investors received the latest reading on consumer price inflation (CPI), which was expected to reflect the impact of higher gas prices.

Adding fuel to the sell-off, the CME FedWatch tool put the odds of an interest rate hike in September at approximately 70%. That has significantly affected technology stocks, which are easy targets for investors seeking liquidity and looking to reduce risk.

But money isn’t leaving the market; it’s simply moving to take advantage of higher oil prices. That has benefited integrated oil companies such as ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX).

However, other investors are eyeing the widening crack spread (the profit margin refiners earn per barrel). That is creating an opportunity for oil refiners.

Phillips 66: The Buyback Signals Conviction

Phillips 66 (NYSE: PSX) fits the widening crack spread thesis cleanly. The company’s integrated refining and midstream footprint means it captures margin on both ends of the barrel.

That leverage showed up in its Q2 2026 earnings report. PSX posted $9.41 in earnings per share (EPS), compared with a $7.50 consensus estimate, on revenue of $52.04 billion versus the $43.60 billion Wall Street expected. That was roughly four times what the company earned in the same quarter a year ago.

The analyst forecasts on MarketBeat show that analysts are racing to raise their price targets. Of the 21 firms covering PSX, 15 give it a Buy rating, compared with six Holds. The consensus price target is near $222—about 15% below where shares have recently traded. That gap between the share price and the target reinforces the dynamic in which the market is pricing in margin strength faster than analysts are willing to incorporate it into their targets.

The company’s management is also giving the stock a bullish boost. The board authorized a $10 billion stock repurchase program in late July, enough to retire nearly 12% of outstanding shares. Buybacks of that size are typically interpreted as a statement that leadership sees the stock as undervalued relative to where the business is heading. That’s a direct rebuttal to the idea that this rally is sentiment-driven.

Valero: Institutional Money Is Already There

Valero Energy Corp. (NYSE: VLO) is the purest refining play of the three, with no integrated upstream business diluting its exposure to the crack spread. That focus is showing up in the numbers: $12.54 in EPS against a $10.11 estimate, while revenue rose 48.8% year over year to $44.48 billion.

The stock has been the standout performer of the group, trading near its 52-week high and up sharply from its 52-week low of roughly $155. The Valero analyst forecasts on MarketBeat show that 21 brokerages cover VLO, with 10 Buy ratings, including two Strong Buys, compared with eight Holds and a single Sell. That gives the stock a consensus Moderate Buy rating, with an average price target near $301. Like PSX, that price target trails the current share price.

What stands out with Valero is its positioning rather than sentiment: Institutional investors own nearly 79% of the float, and several large holders, including a state pension fund, dramatically increased their stakes last quarter. That’s a different signal than retail enthusiasm. It suggests that long-horizon capital is treating the refining-margin story as durable rather than as a short-term spike to be faded.

Marathon Petroleum: The Market Has Already Voted

Marathon Petroleum (NYSE: MPC) shows perhaps the starkest version of the gap between fundamentals and perception. The company reported $17.73 in EPS against a $14.27 estimate, with revenue climbing 53.5% year over year to $51.99 billion. That was one of the strongest beats among oil refiners this earnings season.

Seventeen analysts cover MPC, with a consensus Moderate Buy rating based on 12 Buy ratings, four Holds and one Sell rating. But the consensus price target of around $330 sits well below the stock’s recent trading level of nearly $400. Shares have gained more than 140% year to date, outpacing even bullish analyst models.

That disconnect, however, is worth watching rather than automatically treating as an opportunity. Wall Street isn’t broadly bearish on Marathon, but the stock’s fundamentals—driven in part by the same refining-margin strength tied to the oil-price shock—are moving faster than the analyst community can formally underwrite.

For investors watching the “perception versus fundamentals” framework play out in real time, that’s the tell. The move in refiner stocks isn’t a story of hype outrunning earnings. It’s about earnings outpacing the models built to price them.