October 10, 2011
Extremely Important NIA Update
Gold futures are up $30.50 this morning to $1,666.30 per ounce and silver futures are up $1.257 this morning to $32.25 per ounce!
We would like to wish Canadian NIA Members a very Happy Thanksgiving! The Canadian markets are closed today, but NIA just posted a major update on our second to latest stock suggestion Mega Precious Metals (TSX Venture: MGP), which gained 45% over the last three trading days: click here.
The American markets are open today and we expect our brand new stock suggestion Ocean Power Technologies (NASDAQ: OPTT) to soon rise well above its net cash position of $4.11 per share. If you missed our brand new report on OPTT, you can read it now by going to: click here.
NIA will be releasing a very important new article later today! Later this week, NIA will be releasing all of the details about its upcoming new economic documentary, which will be NIA's best and most important movie ever released in our organization's history! The release of our new life-changing documentary will coincide with the launch of the long-awaited new and much approved 'NIAnswers' and our updated unbiased 'Gold and Silver Seller Reviews', which will review all of the online sellers of gold and silver bullion that were submitted to us by NIA members.
'College Conspiracy' is now up to over 2.3 million views in 4 months and we thank all NIA members who helped spread the word about the movie to all of their friends and family members! We must all work hard to spread the word about our new economic documentary if we are going to help as many Americans as possible survive hyperinflation! We by far spent more time and money producing our new documentary than any of our previous documentaries!
NIA has been receiving thousands of emails this month in regards to the recent 'Occupy Wall Street' protests that started out in New York City and are now growing nationwide. We predicted in December of 2009 that we were only a year or two away from seeing large 'End the Fed' protests nationwide. NIA is currently exploring ways for our organization to either become a major part of 'Occupy Wall Street' or start our own protests targeted directly at the Federal Reserve.
Although we believe the 'Occupy Wall Street' protests are a very positive sign, Wall Street is not the problem. The Federal Reserve and their policies of creating massive monetary inflation are the root cause of all our economic problems, including the destruction of the middle class. Having a prosperous Wall Street is important for the future of the U.S. economy. American entrepreneurs need to be able to access our capital markets in order to raise money to build the next Apple.
If it wasn't for the Federal Reserve's unconstitutional actions and the moral hazards they create, instead of having massive assets bubbles that constantly blow up to overvalued levels and then burst to insanely undervalued levels, stocks would trade based on their true fundamentals. Companies that took reckless risks like Goldman, Citigroup, and Bank of America, would be out of business.
Stocks like OPTT that are currently $3.45 per share despite having a net cash position of $4.11 per share along with 41 issued U.S. patents and deals with the U.S. Department of Energy and Lockheed Martin (LMT), would instead be trading for $6 to $12 per share where they belong. Right now, with OPTT's market cap below its net cash position, their patents and technology are receiving no value at all. OPTT is the only publicly traded ocean energy play and the leader of the ocean energy industry! It is insane for Wall Street to be giving OPTT an enterprise value of less than zero! (We are counting OPTT's Treasuries and CDs as cash. OPTT used their cash to buy Treasuries and CDs in order to earn a higher interest rate.)
The Federal Reserve's boom and bust cycles have made Americans afraid to own stocks at this time. The Fed, by leaving interest rates near zero for 34 months, is now trying to debase the dollar in order to force Americans to buy stocks and Real Estate. Of course, we believe smart investors who buy stocks that are trading for far below cash when investors are fearful, will make a fortune in the short-term. However, over the long-term, investors will shy away from stocks and with Real Estate prices still not done deflating, the only alternative out there is gold and silver.
The recent short-term wash out in gold and silver was not surprising to us at all, because too many people had become bullish. When too many investors start to understand the truth and pile on to one side of the trade, the asset will always overshoot in one direction and need to sharply correct at some point. Now that investors are afraid to own gold and silver, but are piling into U.S. Treasuries, by far the riskiest asset of all, it tells us that the next big move to the upside for precious metals is just around the corner.
Disclaimer: NIA owns 177,000 shares of OPTT that it purchased at an average price of $3.267 per share. NIA intends to sell its shares of OPTT in the future and can sell them at any time. NIA owns 27,000 shares of MGP that it purchased at an average price of $0.468 per share. NIA intends to sell its shares of MGP in the future and can sell them at any time. NIA also reserves the right to accumulate additional shares of OPTT and/or MGP at any time.
NIA is not an investment advisor. This email is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This email is meant for informational and educational purposes only and does not provide investment advice. NIA's co-founders have previously disseminated information about OPTT in other media outlets.
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