First, we want to say that we thank them and their web site is www.StansberryResearch.com. Now for some of the recent musings: "Our favorite commodities pundit, Jim Rogers, gave an interview to Bloomberg this morning, and his story's largely unchanged... Jim is still short all investment banks through an ETF. He's specifically short Citibank and Fannie Mae."

"Rogers doesn't believe there's a commodity bubble. He cited nickel, zinc, lead, silver, cotton, and sugar all being double-digit percentages off of their recent highs. His most recent purchase is more agriculture. Rogers is still long oil, "The world has a serious oil problem." Rogers says the bull market in oil has years to go, but the price may drop 50% or more in the near term. He believes "the world is running out of known oil reserves."

Rogers also announced he purchased airlines today. His reason... "Everybody's very bearish." He said flights are full, fares are increasing, and if you ordered a new plane today, you couldn't get it for several years due to problems at manufacturers. Also, 24 airlines have declared bankruptcy and "bankruptcies are signs of bottoms, not signs of tops." [We at ChecktheMarkets.com like Alaska Air (NYSE:ALK) and Southwest Airlines (NYSE:LUV)].

Deutsche Bank analyst Mike Mayo is going long Lehman (NYSE:LEH). He slapped a buy rating on the bank and said prices already reflect "worst-case scenarios... We are buyers of the stock on the assumption that Chief Executive Officer Dick Fuld will steady the Lehman ship and, with greater stability, the stock will appreciate." [Personally, I think that investment idea is nuts!]

With about 10% of the homes built since 2000 sitting vacant, with delinquencies and defaults still rising, and with the real problem – people voluntarily giving up their homes – beginning to kick in, we think Mike Mayo is dead wrong. We don't think the real crisis has even begun. [We certainly agree, and think the real nasty next phase won't even begin till later this year when resets on variable rates begin to soar].

Porter Stansberry writes, "Not only are we experiencing global warming, but it's going to cost us $45 trillion, according to the International Energy Agency. Paris-based IEA said the world needs to spend $45 trillion to build 1,400 nuclear power plants and expand wind power in order to halve greenhouse gas emissions by 2050. Someone tell OBAMA! – here's the perfect reason to raise all of our taxes. It's better than a war, no one has to die, and it's four times more expensive."

Stansberry and Ferris have had some dynamite stock picks with Humboldt Wedag (NYSE:KHD) being Dan's recent best. It is up 459% since August 2003 when he recommended it to his readers of Extreme Value. Encana (NYSE:ECA) came in second, up 372% since May of 2004. That's not quite as impressive as Steve Sjuggerud's choice of Seabridge Gold (NYSE:SA), up a whopping 790% since he recommended it to his readers in July 2005.

Yes siree, Porter Stansberry has a tip-top crew of editors and stock pickers at Stansberry Research . Our kudos and a word to the wise; check out their newsletters if you want some very promising investment ideas.