Add billionaire "Bond King" founder of Pimco, Bill Gross, to the nearly 1 million people who have watched NIA's critically acclaimed documentary 'College Conspiracy'! In Gross' brand new July newsletter that he released today, he focused entirely on a college education in America being a waste and featured many of the facts, statistics, and viewpoints that NIA was the first to expose to the world in 'College Conspiracy'.
It is not a coincidence that before the release of 'College Conspiracy' 5 weeks ago, almost nobody in the U.S. was calling college education a scam. Since the release of 'College Conspiracy', in a period of just 5 weeks there have been literally hundreds of articles and stories in the mainstream media about how college is a scam and why American students are much better off avoiding college all together.
We would like to thank all NIA members who worked tirelessly to spread the word about 'College Conspiracy'. When we all work together to spread the facts and truth about the U.S. economy and inflation, our message is able to reach nearly every single American across the country!
We just posted Gross' July newsletter to our blog for you to see: http://inflation.us/blog/2011/06/bill-gross-appears-to-have-watched-college-conspiracy/
We have been receiving many emails over the past week asking us to comment on Kitco, which is one of the companies in our online gold and silver sellers review. We had previously given Kitco an overall rating of 3 1/2 stars out of 5 stars.
About a week ago, Kitco's offices were raided by Canadian authorities as part of an investigation into if Kitco has been paying all of their sales taxes owed. Kitco has allegedly avoided paying $150 million in sales taxes on $1.8 billion in transactions. Although we must presume Kitco to be innocent until these allegations are proven, we are going to temporarily lower Kitco's overall rating to 1 star and issue a warning on our site until this matter is resolved.
The Kitco situation proves just how valuable NIA's 'NIAnswers' have been for NIA members. Note: 'NIAnswers' is currently offline as we finish programming the final version of our software, but will be back online very soon with much improved functionality and many new features.
A few months ago, an NIA member submitted the following question on 'NIAnswers': "I am going to purchase silver from Kitco. I'm wondering would you recommend or consider a pool account more advantageous over delivering and physically owning the silver?"
NIA's response to this question on 'NIAnswers' was: "If you purchase silver through a pool account with Kitco, your silver is unallocated and therefore you are at risk of losing the silver in the event of the firm's insolvency. Basically, by owning unallocated silver in a pool account, you are a general creditor of the firm. We suggest staying away from Kitco pool accounts and only purchasing physical silver from them."
NIA's response to this question could have saved this NIA member and possibly others from losing their silver. If it is proven that Kitco owes this $150 million in Canadian taxes, Kitco will likely become insolvent and the Canadian government will go after all assets owned by Kitco, including unallocated gold and silver that Kitco's customers have in pool accounts. The Canadian government will have priority over other Kitco creditors, and there is a strong likelihood that those who purchased unallocated gold and silver through Kitco and were storing it in a Kitco pool account, will lose everything!
Hopefully, NIA's response on 'NIAnswers' was enough to convince this member and other NIA members not to buy unallocated gold and silver in a pool account with Kitco or any other firm!
NIA will soon be updating its unbiased reviews of online sellers of gold and silver bullion. If you would like us to review a company that isn't already in our review, please send an email to reviews@inflation.us and we will review that company next month in our latest review update. The company must allow you to purchase gold and silver entirely online. It can't be a company that requires you to call them on the phone to place your order.
NIA's President sold his Moody's (MCO) put options at the perfect time. On May 23rd, NIA's President purchased 150 MCO November 2011 $35 put options at $1.98 for a bet of $29,700 that MCO would decline in value, and NIA immediately sent out an alert suggesting this option. On June 17th, MCO declined by as much as $3.14 down to $35.13 per share and NIA's President sold his options at $3.45, earning a gross profit of $22,050 on a percentage gain of 74% in less than one month! NIA alerted you to his sale immediately afterwards. MCO has bounced in recent days back up to $37.84.
NIA has had 4 options suggestions so far, with 3 of them or 75% of them being huge winners! NIA's 3 winning options suggestions gained by 1,002%, 276%, and 74% at their highs, with NIA's 1 losing options suggestion expiring worthless and losing 100% of its value. Most stock options expire worthless, so to be right 75% of the time is like a baseball player batting .750 for the season.
Because only a small number of NIA members have the knowledge, experience, and sophistication necessary to successfully trade options, we will no longer be sending out options suggestions to our main email list. If you would like to learn about NIA's top options suggestions for the second half of 2011, please go to http://inflation.us/optionssuggestions.html and submit your email address to be added onto our special email list.
It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us
Posted via email from cash-gifts-gifting-generosity's posterous
