Agora Financial is a privately held publishing company, based in Baltimore, Maryland, that produces print and email publications, books, and conferences directed toward providing financial advice, commentary, and marketing predictions.
Video Agora Financial
History and executive leadership
A subsidiary of The Agora network, Agora Financial was founded in 1979 by financial writer and essayist Bill Bonner, the author of Empire of Debt and Financial Reckoning Day. Bonner's co-author Addison Wiggin is the executive publisher of Agora Financial. Wiggin served as executive producer and co-writer on the 2008 feature-length documentary film I.O.U.S.A.. A film about the growth of the U.S. national debt, I.O.U.S.A. was based on Empire of Debt, and was financed by Agora Entertainment, another Agora, Inc. subsidiary.
The company publishes a number of financial newsletters focused on advising investors on making money in energy, metals, emerging technologies, and small-cap stocks, including the Daily Reckoning, Outstanding Investments, and Capital & Crisis. Agora financial also founded the Richebacher Society, a group focused on continuing the work of the late economist Kurt Richebacher.
Byron King, editor of two of Agora Financial's publications, Energy & Scarcity Investor and Outstanding Investments, has served as an oil industry analyst in the media, specifically in the wake of British Petroleum's oil spill in the Gulf of Mexico. Other members of the Agora Financial staff have provided analysis for CNBC, Fox Business News, and Bloomberg. In March 2011, Agora Financial acquired Laissez Faire Books, a libertarian bookseller based in New York. Established in 1972, the bookseller publishes and distributes libertarian books, with a focus on economics and finance. Jeffrey Tucker, author of Bourbon for Breakfast: Living Outside the Statist Quo, and It's a Jetsons World: Private Miracles and Public Crimes, as well as former editorial vice president of the Ludwig von Mises Institute, was hired as Laissez Faire's executive editor.
Maps Agora Financial
Agora financial publications
- Breakthrough Technology Alert - Edited by Ray Blanco, looks for investment opportunities in new technologies.
- Capital & Crisis - Edited by Chris Mayer, this newsletter explores the topic of global value investing.
- Daily Reckoning - The publisher's flagship newsletter, the daily publication discusses economic issues, investment ideas, and market analysis.
- Daily Resource Hunter - Edited by Matt Insley, focuses on investment opportunities in metals and natural resources.
- Energy & Scarcity Investor - Edited by Byron King, focuses on companies exploring new areas of resource development.
- Lifetime Income Report - Edited by Neil George, the newsletter is focused on dividend growth.
- Mayer's Special Situations - Edited by Chris Mayer, the monthly publication discusses unique small-cap investment opportunities.
- Options Hotline - Edited by Steve Sarnoff, the publication looks for potential investment opportunities in the stock market.
- Outstanding Investments - Edited by Byron King, the publication focuses on investments in energy, mining, and precious metals. The publication was ranked #1 in overall return from 2000-2010 by Hulbert Financial Digest.
- Penny Sleuth - A daily newsletter edited by Jonas Elmerraji, with commentary and analysis on small-cap stocks.
- Penny Stock Fortunes - Co-edited by Jonas Elmerraji and Greg Guenthner, advises on investing in penny stocks.
- STORM Signals - Co-edited by Jonas Elmerraji and Greg Guenthner, it makes recommendations on using market volatility for investment opportunities.
- Strategic Short Report - Edited by Dan Amoss, discusses investment strategy based on predictions of the directions various companies are headed.
- Technology Profits Confidential - Edited by Ray Blanco, discusses investment opportunities in emerging technologies.
- Total Income Alert - Edited by Neil George, discusses varied investment opportunities as an income source.
Complaints about Agora Financial
There are dozens of complaints and articles warning about Agora Financial and their various publications. Many people have complained that Agora refuses to give promised refunds and false claims about how much money you can make using their systems.
Better Business Bureau review of Agora Financial LLC
Better Business Bureau of Baltimore has this on their website about Agora Financial LLC:
PATTERN OF COMPLAINTS As of May 2017, BBB files indicate that this business has a pattern of complaints concerning:
- Advertising Issues (Consumers were not aware that they were signing up for a subscription)
- Customer Service Issues (Consumers tried to cancel or did cancel the subscription but were subsequently still charged for said subscription.)
- Billing or collection Issues (Consumers were not aware of the negative option automatic renewal feature of the subscription.)
The Baltimore Better Business Bureau has received 77 comments about Agoria Financial LLC and 67 of those comments are negative giving Agora Financial LLC a 87% negative rating.
Yelp Reviews of Agora Financial
Every reviewer of Agora Financial in Yelp has given this company a one star rating out of five. Comments include:
Primary method of marketing is is HARASSING PROSPECTS. This company has contacted me 34 times since June 26. I have never made contact with them or asked that they contact me.To their credit they have managed to achieve a solid 2 star google review (based on 28 reviews). One client even gave them a 5-star review because Agora refunded his money when he notified them that they charged him for a newsletter he didn't subscribe to.
the worst company i've ever dealt with in my 70 years. I asked a question that should have been easily answered as it is their business. Did not get an answer. I was inundated with advertisements to purchase more publications after it was stated that I was a lifetime member for all their information. True it was their parent company sending me more information, but it was on the same subjects I thought I purchased already. I get so many emails for purchasing other things that I can't read and sort through them to see what they are before I get another. I am too busy for their BS money grabbing ads.
Better Business Bureau review of Bonner and Associates
Better Business Bureau review of Bonner and Associates by Delray Beach BBB. Bonner and Associates has a two star rating out of five stars.
Agora Financial Investment Symposium
Since 1999, the company has hosted the annual Agora Financial Investment Symposium. Held in Vancouver, British Columbia, the conference is Agora Financial's largest event of the year. The conference brings together a large number of speakers discussing emerging financial trends, as well as panels and debates. Past speakers have included Steve Forbes, Jim Rogers, Doug Casey, Nassim Nicholas Taleb, and James Howard Kunstler. Each year, the conference is built around a central theme, with "A Tale of Two Americas" the theme selected for 2013.
Options Hotline and 9/11
In the investigations following 9/11, the SEC determined that an unusual number of investors had purchased put options on American Airlines immediately prior to September 11, 2001. Further investigation found Agora's Options Hotline newsletter and its editor Steve Sarnoff as responsible for faxing some 2,000 subscribers the recommendation to buy put options on American Airlines on September 9, 2001. Sarnoff was investigated for insider trading with the SEC eventually concluding "all suspicious trades were checked out, and the SEC satisfied itself that the traders had no advance knowledge of 9/ll."
References
Source of article : Wikipedia