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bankruptcy-loan-modifications

bankruptcy-loan-modifications

With bankruptcies and foreclosures at all time highs, and with interest rates at all time lows, Now is the time to get your mortgage loan modification. A mortgage loan modification is simply a change in the terms of your original loan papers.  As people have lost their jobs or taken jobs paying a lot less many people have fallen behind in their mortgages and are losing their homes to foreclosures.  The banks are now bending over backwards to stop this flood of foreclosures so they are offering ways to help you get back on track with your payments so they won't have to take back so many houses.

A modification is not a new loan but a change in terms of your original loan therefore you do not have to qualify for a new mortgage.  Your credit history is NOT a factor.  There is no closing costs or appraisals.  You simply have to ask for a loan modification package and fill it out.

These changes can be:

1.  The principal amount of your loan.  If your loan was for $200,000 and you are $10,000 behind on your mortgage the mortgage company can add that $10,000 to your balance of $200,000 and make your loan now $210,000.  This will bring you current with your payments and you start making payments on the $210,000.

2.  Extend the years to pay off your loan.   If you loan was for 30 years the mortgage company can increase it to 40 years to make your payments lower.

3.  Reduce your interest rate.  The mortgage company can reduce your interest rate to make your payments lower.  If you have a $200,000 loan at 7% your payments will be approximately $1330 per month.  If the interest rate was reduced to 3% your payments will now be $750 per month.  The mortgage company will usually ask that this reduction be for a limited time such as 3 years.  You can negotiate a fixed rate for the life of the loan.  Everything is negotiable.  FAQ FOLLOW

  WHAT'S THE DIFFERENCE BETWEEN CHAPTER 13 BANKRUPTCY AND A LOAN MODIFICATION?  

A CHAPTER 13 bankruptcy forces the mortgage company to stop all legal actions such as a foreclosure and allows you time to catch up your back mortgage and car payments and you may be able to pay your unsecured debt back at pennies on the dollar.

The CHAPTER 13 cannot modify your interest rate or terms on a 1st mortgage.  If you have a second mortgage and no equity in your home after the 1st mortgage  a chapter 13 may be able to avoid or do away with the 2nd mortgage making it an unsecured loan which may be paid back at pennies on the dollar.

The LOAN MODIFICATION allows you to take your back payments and roll into your existing mortgage.  You may be able to have your interest reduced or the years extended to lower your overall payments.  It has no effect on your other debt.

You would consider the CHAPTER 13 if you already have a low interest loan and a lot of other debt.  You may even be able to reduce your car payments.  Even after you file you may still be able to do a modification for your mortgage.

You would consider the  LOAN MODIFICATION if you do not have much other debt and there is no foreclosure pending and you want a lower interest rate on your mortgage.

AM I ELIGIBLE FOR A MODIFICATION? The major requirement is that you now have sufficient income to make your MODIFIED mortgage payments. If your original house payment was $1500 but you are only capable of making a $1000 payment you may qualify for a loan modification making your payments $1000 per month.  

IS MY INCOME A FACTOR?  You also must show that your modified payment is not more than 31% of your total income.  In other words if you have a $1000 mortgage payment you must earn at least $3100 per month. You are allowed to use all income including part time work such as cutting grass, baby sitting, income from a roommate, child support or contribution from family members. 

IS MY PRESENT CREDIT SCORE A FACTOR?  NO.  The modification is a change in the existing mortgage.  You are not trying to get a new loan.  You are only changing the terms of the original mortgage.

HOW LONG DOES IT TAKE?  3 years ago it would take 6 months to a year to get final approval.  2 years ago it would usually take 3 to 6 months and now we have seen approvals done within 30 days. Most of the mortgage companies are now realizing that it is in everyone's best interest to get these modifications done and they are really trying.  

WHY ARE PEOPLE DENIED?  FRUSTRATION, FRUSTRATION, FRUSTRATION!!!!!

By far the biggest reason is that people get frustrated with all of the paper work and the loss of the paper work by the mortgage company.  Everyday we hear stories about how the mortgage company lost the paper work or claim they never got it.  2 years ago I was fussing at a lady that was working a loan mod at Countrywide.  She almost started crying and said that she was sorry but her office received 100,000 new applications a month.  Bank of America and Wells Fargo are 10 times that size.  We tell our clients to make copies of everything.  If you have 2 fax numbers send it to both numbers and then mail a copy.  Call in a day or two to make sure they have it.  If they don't,  do not get mad or frustrated just send it again and keep following up.

The next reason is follow up.  Because the mortgage companies get so many applications you have to call and follow up on a regular basis.  Remember the mortgage company goes by the squeaky  wheel rule.  The wheel that makes the most noise gets the oil.  Call on a regular basis.

WHAT DO I DO IF I AM DENIED?  First find out why you were denied.  Did you not send in all of the paper work?  Were you missing a bank statement or tax return?  Did you not show enough income. I had a lady that said she told the mortgage company her husband lost his job and they had 5 kids.  Her payment was $1500 per month and her husband was only getting $2500 in unemployment.  She said please help me because I have 5 kids.  The mortgage company denied her application.  The mortgage company is not in business to "HELP" you.  They are trying to reduce their losses and if the modification does that then that may be a help for you.  You still have to meet their minimum requirements. 

This lady asked for another application.  This time she showed that she was getting social security for 3 of the kids,  she babysit 2 kids during the week, that her husband received cash money for repairing cars and that her brother was living with them paying rent.  She was now approved for a 3% mortgage and all of her back payments were included in her modified loan.  We have seen people apply 3 and 4 times.

DOES FILING FOR BANKRUPTCY AFFECT MY MODIFICATION? If you file a chapter 7 you are discharging your mortgage contract.  Some mortgage companies will say that there is no existing mortgage to modify if you do a chapter 7.   Try to get your modification first before you file.  If you must file first get a written statement from your mortgage company as to their policy.  You may be able to file a chapter 13 first to stop the creditors and then get your modification.  You may then convert to a chapter 7. 

A chapter 13 is a repayment plan and most of the mortgage companies will continue to work with you  on your modification.  We have clients on a regular basis that have had their loans modified and all of their back payments rolled into a new low interest loan.  After the modification you can then remove the mortgage arrears from the chapter 13 plan (reducing your monthly payments to the chapter 13 trustee) and stay in your chapter 13 for the rest of the creditors possibly paying pennies on the dollar or you can dismiss your chapter 13 entirely or you may be able to convert to a chapter 7 bankruptcy.

DO I NEED TO HIRE A LAWYER OR MODIFICATION COMPANY?   NO!!!   the application process is fairly simple and most people can do it on their own.

The application usually consists of:
1.  Hardship letter the mortgage company wants you to tell them what caused the problem and why you are behind on your payments and why this modification will solve those problems.  They want you to tell them why you will now be successful in making your payments.
2.  Financial paperwork such as tax returns, pay-stubs for two months and bank statements.
3.  Monthly income and expense statement showing how much money you have left over after necessary expenses that can go to pay your mortgage.

These requirements are basic and straightforward.  Even if were to hire someone they will still need for you to get this information.  Many of these companies charge up to $3000 and there is no guarantee.  All they are doing is getting the paper work together and submitting it on your behalf.  These companies have no power to force the mortgage company to do anything that you can not ask for yourself.   As I said earlier the biggest reason people do not get approved is frustration.  Be prepared to send and resend paperwork and follow-up on a frequent and consistent  schedule.  If you do get denied you can then hire someone to resubmit or start a new application process.

Remember that if you have hired someone for your modification this will not stop a pending Foreclosure on your home.  We have clients on a regular basis that are calling for an emergency bankruptcy because their foreclosure is tomorrow morning and the modification company was not able to work out anything with the mortgage company.

Facebook Filing S-1 Tomorrow, Huge for BVSN!


Facebook is expected to file their S-1 for their IPO tomorrow. It is expected that Facebook will begin trading in May with a market cap of approximately $100 billion and they will likely raise around $10 billion in the IPO.
 
Already this evening in the financial mainstream media, the Facebook IPO is the #1 topic being discussed. As we approach the Facebook IPO, the media coverage of it will only increase and everybody in the world will be talking about it. We expect investors to soon begin searching for other publicly traded stocks that could benefit greatly from Facebook's IPO. NIA believes there is no publicly traded company that will benefit more from the Facebook IPO than BroadVision Inc. (BVSN).
 
BVSN had a huge day on Tuesday rising $2.91 or 14% to $23.94 on volume of 1,045,997 and in afterhours trading BVSN is up another $0.31 to $24.25. The enterprise social networking industry today is still in its infancy, just like the consumer social networking industry was three years ago when Facebook began its rapid growth. BVSN along with Jive Software (JIVE) are the only two publicly traded pure enterprise social plays that exist today.
 
BVSN just reported on Thursday evening that they signed 117 new Clearvale Enterprise customers in 2011, which was up 290% from the 30 Clearvale Enterprise customers BVSN signed in 2010. BVSN also reported that they signed 33 new customers in the 4Q of 2011 alone, which was more than the whole previous year.
 
BVSN's growth has now surpassed the industry leader JIVE. While BVSN signed 117 new customers last year, JIVE only grew by 113 new customers in the 12 months ending June 30th, 2011. We estimate that JIVE now has about 680 total customers, which is much more than BVSN's estimated total customer base of 147. However, JIVE has been offering their Engage platform for many years. BVSN's Clearvale Enterprise platform is newer, better, and cheaper. Over the long-term we strongly believe BVSN could grow to become much bigger than JIVE is today.
 
At BVSN's current price of $23.94 per share it has a market cap of only $108.09 million. Once you subtract BVSN's $54.4 million cash position and an additional $17 million for BVSN's old legacy products, BVSN's Clearvale platforms are being valued at only $36.69 million, which is absolutely nothing. For comparison purposes, JIVE currently has a market cap of $877.13 million and once you subtract their net cash position of $200.99 million, JIVE's Engage platform is being valued at $676.14 million.
 
JIVE's Engage is currently being valued 18.43 times higher than BVSN's Clearvale, when BVSN's Clearvale is now growing much faster! BVSN only has about 21.6% of JIVE's customers, but if BVSN's Clearvale was worth 21.6% of what JIVE's Engage is currently worth, Clearvale would be worth $146.05 million. Add to that BVSN's $54.4 million in cash and $17 million for BVSN's old legacy products and BVSN would trade at a market cap of $217.45 million and a price of $48.16 per share.
 
While JIVE's Engage platform is the market leader in terms of fully featured paid for enterprise social networks, Yammer is the current market leader in terms of limited featured free enterprise social networks. A story just came out today about how employees at Alcatel-Lucent setup their own Yammer network and after their employees had so much success using the free Yammer enterprise social platform, Alcatel-Lucent decided to deploy their own fully featured enterprise social network using JIVE: http://www.zdnet.com/blog/ hinchcliffe/enterprise-20- success-alcatel-lucent/1917
 
Although Yammer offers an upgraded version with more features that companies can pay for, it doesn't offer nearly as many features and functions as BVSN's Clearvale Enterprise and JIVE's Engage. Although JIVE's Engage is a very good top-tier platform, JIVE doesn't offer a free version like Yammer with the potential to go viral.
 
BVSN offers the best of both worlds! BVSN is now offering a free "Twitter like" enterprise social network called Enterprise Express that is better than Yammer and we expect it to soon go viral like Yammer. Any employee of a company can setup Clearvale Express for free at http://clearvale.com and begin communicating online with their co-workers immediately in a secure environment.
 
Once employees have huge success with Clearvale Express, BVSN offers a quick and easy way for a company to upgrade seamlessly to BVSN's fully featured top-tier Clearvale Enterprise platform. So while Yammer is losing the majority of their customers when their free users like Alcatel-Lucent finally decide to upgrade to a paid fully featured network, we believe BVSN will keep the majority of their Clearvale Express clients and we will see most of them upgrade to Clearvale Enterprise.
 
When Clearvale Express begins to go viral as thousands of people around the world learn it is a more useful free network with better features than Yammer, we believe BVSN will quickly catch up to JIVE in terms of total paid customers. JIVE does not offer a free version of their platform and therefore we believe BVSN's Clearvale Express gives BVSN a huge advantage over JIVE.
 
The biggest catalyst we see coming for BVSN in the near-future that will further set BVSN apart from JIVE is BVSN's upcoming Clearvale Nexus. This new platform being developed by BVSN will soon become a major game-changer in the industry. Clearvale Nexus will allow BVSN's Clearvale Enterprise users to access a directory of other Clearvale Enterprise users at different companies and through Clearvale Nexus businesses will be able to form new partnerships with other businesses and collaborate with them through Clearvale in a secure environment. This is something that no other enterprise social platform in the world does. Clearvale Nexus has not yet been officially announced by BVSN, but when it finally is we expect BVSN to become one of the biggest plays on Wall Street.
 
NIA believes the run BVSN recently made to $44.75 is small compared to the run BVSN could soon make in the months to come as we get closer to the Facebook IPO. The month of March is going to be absolutely huge for BVSN. We expect BVSN to receive massive international exposure at the Digital London Summit conference on March 13-14. Go to http://www.digitallon.com/ and look at what company logos are on the homepage. The main attractions of the Digital London Summit will be BVSN, Adobe, Microsoft, Cisco, and Juniper. These are all multi billion dollar companies that are going to be making their presence felt at the Digital London Summit along with BVSN. The Mayor of London is even going to be participating at the summit!
 
After the Digital London Summit, think about the massive worldwide media attention BVSN could potentially receive as we approach the Facebook IPO a short time afterwards. BVSN's CEO will be speaking there about How Social Networking will Change the Way We Work!
 
NIA loves how BVSN's CEO owns 36.7% of his own company. JIVE's CEO only owns 1.85% of his own company! Speaking of BVSN's CEO, check out this old BusinessWeek article: http://www.businessweek.com/1999/99_39/b3648002.htm
 
It is called "The e.biz 25: Masters of the Web Universe" and names the 25 Internet pioneers who are changing the competitive landscape of almost every industry in the world. On the right side of the page there is a vertical box displaying the names of BusinessWeek's Top 25 Masters of the Web Universe along with their company names. You will see such people as Jeff Bezos of Amazon, Meg Whitman of eBay, and as you continue down right underneath Louis Gerstner of IBM you will see Pehong Chen of BVSN! Interestingly, also on the list is Masayoshi Son of Softbank, a $31 billion Japanese company that is now reselling BVSN's Clearvale social platforms to their own partners and customers!
 
If you would like to receive NIA's exclusive Social Network Stocks 2012 Report, please go to: http://inflation.us/social2012.html
 
Disclaimer: NIA currently owns 146,000 shares of BVSN. NIA agreed to a 60 day holding period on its initial position of 122,000 shares starting from the date that NIA first suggested the company, but NIA intends to sell these 122,000 shares at some point in the future after the date of February 12th, 2012. NIA intends to sell its additional 24,000 shares of BVSN and can sell them at any time. NIA reserves the right to accumulate more shares of BVSN at any time. NIA's co-founders have also been referred business in the past from somebody who has filed as a large BVSN shareholder. Past performance is not an indicator of future returns.
 
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 BVSN in other media outlets.

Ron Paul Finishes 2nd in New Hampshire!


Ron Paul finished 2nd place tonight in New Hampshire. With 73% of the votes counted, Ron Paul has 39,773 votes or 24% of the vote, behind Mitt Romney who has 64,122 votes or 38% of the vote, and ahead of Jon Huntsman who finished 3rd with 28,244 votes or 17%.
 
When Ron Paul finished 3rd in Iowa's popular vote the other day, a countless number of people in the mainstream media along with political experts in Washington declared Ron Paul's finish a high watermark for his campaign during the GOP primary season. Just one week later, Paul has already proved them wrong with a 2nd place finish. NIA believes that once Americans learn the truth about Paul and what he represents compared to Romney who is a puppet of the Federal Reserve, Paul has a real chance of becoming the nominee to take on Obama.
 
After Iowa, the media declared Santorum the only candidate with the ability to defeat Romney, despite the fact that most Americans have never heard of Santorum and he doesn't have the infrastructure in place to win a nationwide campaign. NIA said that out of the three best performing candidates in Iowa, only Romney and Paul have the infrastructure in place to win the nomination on a nationwide level. The truth is, Paul tied Romney and Santorum in Iowa for first place, because they will each receive 7 delegates from the state. The delegates are what determines the winner of the GOP nomination.
 
After tonight's results in New Hampshire, Paul is now in second place alone behind Romney in terms of delegates. Santorum only received less than 10% of the votes in New Hampshire, about the same as Newt Gingrich. If Paul finishes strong in South Carolina on January 21st, it is likely that many of the other candidates will drop out and all of the attention will be on just Romney and Paul. NIA predicts that at that point, Romney will refuse to debate Paul.
 
NIA's new video 'The Romney Con' is receiving rave reviews and has already been viewed over 115,000 times in just 4 days. 'The Romney Con' exposes the truth about Mitt Romney and why America needs to support Ron Paul. The best way that we can support Ron Paul besides donating is spreading the word about 'The Romney Con' so that as many Americans watch the video as possible: http://inflation.us/videos.html
 
NIA's staff spent countless hours away from their families throughout the holiday season putting 'The Romney Con' together in order to help Ron Paul (even working on Christmas and New Years Eve). So that Romney supporters don't accuse us of bashing Romney's name to promote our organization, NIA doesn't discuss itself in the video except for its logo being displayed for half a second at the very end.

*****The Romney Con: Must See Video*****


NIA just posted its most important video that it has ever produced, 'The Romney Con'. Mitt Romney is a puppet of the Federal Reserve and Ben Bernanke. If Romney wins the GOP nomination, once again in the Presidential election just like four years ago, Americans will have a choice between two pro-inflation candidates who are exactly the same on all economic issues.
 
It is absolutely urgent that you spread the word about this video to every single person you know. The future of our country is at stake. The mainstream media has been manipulating Americans into supporting Mitt Romney, when if elected he will be exactly the same as Obama. Ron Paul is the only real candidate running for President. Ron Paul is our nation's only hope of surviving hyperinflation, but unless millions of people see this video, it will be very difficult for Ron Paul to defeat Mitt Romney.
 
'The Romney Con' is now available to watch on NIA's video page: http://inflation.us/videos.html
 
If millions of people see this video, NIA is confident that Ron Paul will win the GOP nomination and become our next President.

Ron Paul Raises Over $3.8 Million Today!


Ron Paul Raises Over $3.8 Million Today!

A "moneybomb" is being held for Ron Paul today and he has so far raised over $3.8 million. NIA's co-founders will be donating to Ron Paul's campaign this evening. Let's push his total for the day above $4 million! If you would like to also support his campaign by making a donation you can do so by going to: http://www.ronpaul2012.com
 
NIA just released a must see video showing why we support Ron Paul and believe he is the only candidate worthy of being elected as our next President. To watch NIA's Ron Paul video, please go to: http://www.inflation.us/videos.html
 
NIA's new economic documentary exposing the truth about Occupy Wall Street will be released very soon!

Ron Paul Has Real Chance of Becoming GOP Nominee



Ron Paul Has Real Chance of Becoming GOP Nominee 

 
NIA believes that the free market is the number one predictor of the future. We pay a lot of attention to the web site Intrade.com which allows investors to place bets on current events by buying shares on the outcome. Right now on Intrade for the cost of $4.69 you can buy shares that Mitt Romney will become the Republican Presidential Nominee. If Romney is victorious, your shares will become worth $10 and you will more than double your money. If Romney doesn't win the nomination, your shares will become worthless and you will lose your entire investment.
 
With shares in Romney costing $4.69 it means Romney has a 46.9% chance of winning. Back on November 14th shares in Romney cost $7.15 meaning he had a 71.5% chance of winning. In the last three weeks, Romney has gone from being an overwhelming favorite to no longer having a majority of support.
 
Along with Romney collapsing, so has Cain who dropped out of the race. Cain had a 9.5% chance of winning on October 15th, but now has only a 0.1% chance of winning. Meanwhile, Rick Perry was exposed as being the phony candidate from Texas. Perry's support has collapsed from 39.4% on September 3rd to only 2.1% today.
 
With Romney, Cain, and Perry collapsing, where has all of their support gone? Newt Gingrich's chances of winning have increased from a low of 0.8% on September 27th to 33.3% today. Ron Paul's chances of winning have increased from a low of 2.2% on November 8th to 7.4% today. Jon Huntsman's chances of winning have increased from a low of 2.1% on November 7th to 7% today.
 
Iowa is the first GOP caucus and widely recognized as the first step in becoming the Republican nominee. Intrade doesn't allow you to buy shares for the Iowa caucus, so we can only look at polling. A new PPP poll for the Iowa caucus just released on December 5th shows Gingrich in the lead with 27%, Paul in second with 18%, Romney in third with 16%, and Bachmann in fourth with 13%.
 
Rather than giving Ron Paul a serious chance of winning Iowa, the media is currently portraying Paul as a potential "spoiler". The Washington Examiner published an article this week with the headline, "Ron Paul could complicate GOP's two-horse race". Despite Paul currently polling second place in the most important primary state, many mainstream media news reports about the election have been mentioning Ron Paul's name before immediately saying, "who has no chance of winning the nomination."
 
History has shown that just like in a horse race, Presidential candidates who take a big lead early on almost never win the nomination. Those who think Romney will win the nomination also thought that Hillary Clinton and Rudy Giuliani were going to be the two nominees four years ago. If history is right and Romney doesn't win the nomination, the winner will likely be either Gingrich or Paul.
 
NIA considers Gingrich to be unelectable and predicts that his support will soon evaporate as soon as voters learn the truth about him. Gingrich might as well be a Democrat. He would have zero chance of winning an election against Obama because voters would choose to go with the real thing. In the last Presidential election, voters only had a choice between two candidates who supported the government's bailout of Wall Street. You would think that Americans today would only be supporting candidates who were strongly against the government's bailout of Wall Street. Gingrich stated in 2008 that he "reluctantly and sadly" was supporting the $700 billion bailout of Wall Street. If Gingrich was the nominee, it will be a disaster for America because it will show that nobody in the U.S. has learned a thing.
 
Gingrich claims to have never favored cap-and-trade, but in 2007 he said that he would "strongly support" cap-and-trade with “a tax-incentive program for investing in the solutions.” He went on to say in 2009 that he might still support cap-and-trade for “the 2,000 most polluting places,” if packaged with green energy incentives. Even more disturbing than Gingrich's support of cap-and-trade, Gingrich was paid $30,000 per month by Freddie Mac as a consultant during the subprime mortgage crisis up until it effectively became a government controlled entity. Gingrich received a total of $1.8 million from Freddie Mac as part of two contracts, one that lasted from mid-1999 to 2002 and another that lasted from 2006 until September of 2008.
 
NIA believes that Gingrich is largely responsible for skyrocketing health care inflation in the U.S. today. In 2003, Gingrich founded The Center for Health Transformation, which was paid dues of $200,000 per year from health insurance providers and other health care firms. Those dues would provide health care companies with “access to Newt Gingrich” and “direct Newt interaction”, which NIA looks at as bribes that were paid to Gingrich by these health care giants to pass regulations that pushed health care costs through the roof. Gingrich's organization advocated that “anyone who earns more than $50,000 a year must purchase health insurance or post a bond." NIA believes it is unconstitutional for the government to force Americans to buy anything. This type of distortion of the free market by Gingrich is what has helped fuel massive health care inflation for the past decade.
 
On September 27th when Gingrich's support was only 0.8%, Paul was beating him with support of 2.6%. Gingrich is the latest flavor of the month. We also saw huge spikes in support for Perry and Cain before their support collapsed back to below 2% as voters figured out the truth about them. Paul is the only candidate who has never been below 2% and has enjoyed a very large and solid support base that has been growing consistently. Paul is currently second in Iowa and third nationwide and when voters realize he is the only candidate who will implement the changes that need to be made to save America from hyperinflation, Paul will be the only candidate left standing to take on Obama.
 
The Pew Research Center's Project for Excellence in Journalism just released a study yesterday of 20 million tweets and it shows that Ron Paul is overwhelmingly viewed more positively on Twitter than all of the other Republican candidates:
 
 
After studying 20 million tweets, 55% of tweets about Ron Paul were positive while only 15% were negative. For every other Republican candidate, negative tweets outweighed positive tweets by two-to-one. The mainstream media loves Twitter and when Lindsay Lohan tweeted that she enjoyed NIA's latest documentary, there were dozens of stories in the media about it. However, there was very little media coverage yesterday about the Pew Research Center's findings.
 
Ron Paul also leads all of the other Republican candidates in Google searches. Paul is currently receiving 823,000 monthly searches on Google compared to Bachmann in second with 673,000 monthly searches and Perry in third with 550,000 monthly searches. Cain and Romney are both tied with only 246,000 monthly searches. Flavor of the month Gingrich who the media is now portraying as the potential new frontrunner has been receiving only 165,000 monthly searches, which shows that Gingrich really has no grassroots support and that his artificial support is being fueled by the mainstream media trying to manipulate the minds of voters.
 
Ron Paul in September won the California GOP Presidential straw poll, but it got almost no mention at all by the mainstream media. At around the same time, Herman Cain won the Florida GOP Presidential straw poll and it became the number one story on the news with the media declaring Cain a serious threat to win the nomination. If you search on Google for "Ron Paul" and "California straw poll winner" only 25,400 results appear. However, if you search on Google for "Herman Cain" and "Florida straw poll winner" you get 54,600 results.
 
Last night on FOX News, they kept airing commercials repeatedly for upcoming FOX News segments about Perry and what he is doing to get back into the race with Romney and Gingrich. Perry has no chance of recovering from his current support on Intrade of 2.1%. In a recent GOP debate, Perry copied both Ron Paul and NIA by talking about branches of the government that he claims he wants to eliminate. The only problem is, Perry forgot the branches of government. It became clear to all watching the debate that Perry is merely trying to recite lines that he has memorized and is not a real Presidential candidate. Paul has been talking about eliminating many branches of government for decades and when Paul speaks, you can tell he is a real genuine candidate who speaks for himself and means what he says. Perry is just a parrot and if he were elected, he would not follow through with anything he has been attempting to say.

If you would like your friends and family to be the first to see NIA's new upcoming 'Occupy Wall Street the Documentary', please tell them to become a member of NIA for free immediately at: http://inflation.us

Important Breaking Inflation News


The Federal Reserve along with the European Central Bank, Bank of Canada, Bank of Japan, Bank of England, and the Swiss National Bank are all lowering their U.S. dollar swap rates by 50 basis points! This is going to create massive worldwide monetary inflation and flood the world with U.S. dollars!

 The Fed claims that these coordinated actions will enhance their capacity to provide liquidity support to the global financial system in order to "ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity."

 It was also announced this morning that arrangements have been made to establish temporary bilateral liquidity swap arrangements so that liquidity can be provided in each jurisdiction in any of their currencies should market conditions so warrant. Although the Fed said, "there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar" at this time, the stage is now set to create massive worldwide monetary inflation in other fiat currencies as well. The whole entire global fiat currency system could soon come to an end. The only solution to the upcoming hyperinflationary crisis will be a global digital gold backed currency.

 NIA believes China will soon announce that they have dramatically increased their gold holdings to backup their rapidly growing foreign currency reserves, which have now reached $3.2 trillion. China's central bank just announced this morning that they are lowering their reserve requirement ratio by 50 basis points to 21% from 21.5%!

 NIA considers precious metal stocks to be extremely undervalued at this time and we believe they are set to outperform gains in gold and silver in the months ahead. We believe silver stocks have the most upside potential and that silver exploration stocks, although the most risky, could be the biggest silver gainers. NIA's latest stock suggestion Mines Management Inc. (MGN), at its current price of $2.10, has the lowest valuation out of all silver exploration stocks we are aware of with an enterprise value of only $39.89 million, which equals a valuation of only $0.173 per ounce of their estimated 230 million ounce silver resource base.

 NIA also sees huge upside potential in alternative energy stocks and sees the biggest potential in ocean energy, because the ocean makes up 71% of the earth's surface and the ocean energy industry is still in its infancy compared to solar and wind. NIA's second to latest stock suggestion Ocean Power Technologies Inc. (OPTT) has established itself as the leader in ocean energy with 41 issued U.S. patents and major partners around the world including the U.S. Navy, the U.S. Department of Energy, Lockheed Martin, Mitsui Engineering in Japan, Iberdrola in Spain, and Leighton Contractors in Australia! OPTT is currently trading for well below its net cash position of $4.10 per share.

 Disclaimer: NIA owns 108,200 shares of OPTT that it purchased at an average price of $3.1079 per share. NIA intends to sell its shares of OPTT in the future and can sell them at any time. NIA also reserves the right to accumulate additional shares of OPTT 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.

 Additional legal disclaimer information: http://inflation.us/legaldisclaimer.html

Agriculture Update


On October 30th, 2009, NIA released an article 'U.S. Inflation to Appear Next in Food and Agriculture' in which we said, "A massive rise in agriculture prices is just around the corner."
 
Since then, as a result of the Federal Reserve's money printing, agricultural commodities made their largest ever short-term gain. After dipping from their 2011 highs, we believe agricultural commodities are likely to soon resume their rally as the Fed prepares QE3. From their lows in 2010, we look for agricultural commodities to make the same percentage gains seen from their lows to highs in the 1970s by the year 2015, at the latest. We look for agricultural commodities to reach their 1970s highs adjusted for the real rate of price inflation by year 2020.
 
Here are the percentage gains that agricultural commodities made from their lows in 2010 to their highs in 2011:
 
Cotton +241%, Sugar +164%, Corn +146%, Coffee +142%, Wheat +110%, Orange Juice +63%, Soybeans +57%, Cocoa +49%. Average: +121.5%
 
After reaching their highs earlier this year, here are the percentages that each agricultural commodity has dipped based on their current prices:
 
Cotton -60%, Cocoa -37%, Sugar -35%, Wheat -33%, Corn -25%, Coffee -23% Soybeans -21%, Orange Juice -13%. Average: -31%
 
After dipping, here are their current gains from their lows in 2010 to their current prices:
 
Coffee +86%, Corn +84%, Sugar +71%, Orange Juice +43%, Wheat +40%, Cotton +37%, Soybeans +24%, Cocoa -6%. Average +47%
 
Here are the gains these agricultural commodities made from their lows to their highs during the 1970s inflation crisis:
 
Sugar +2,480%, Cocoa +1,095%, Orange Juice +588%, Coffee +525%, Soybeans +435%, Wheat +404%, Cotton +311%, Corn +265%. Average +763%
 
Gains these agricultural commodities need to make from current prices to reach the same percentage gains from the 1970s, beginning from their lows in 2010:
 
Sugar +1,412%, Cocoa +1,169%, Orange Juice +384%, Soybeans +330%, Wheat +260%, Coffee +236%, Cotton +200%, Corn +98%. Average +511%
 
Gains agricultural commodities need to make from current prices to reach their 1970s highs adjusted for inflation based on the CPI:
 
Sugar +1,126%, Cocoa +728%, Soybeans +473%, Cotton +443%, Coffee +441%, Wheat +420%, Orange Juice +348%, Corn +200%. Average +522%
 
Gains agricultural commodities need to make from current prices to reach their 1970s highs adjusted for inflation based on the real rate of price inflation:
 
Sugar +4,203%, Cocoa +2,810%, Soybeans +1,914%, Cotton +1,809%, Coffee +1,800%, Wheat +1,726%, Orange Juice +1,473%, Corn +954%. Average +2,086%
 
NIA will be releasing many additional extremely important agriculture updates in the weeks and months ahead.

Important NIA Update - correction



 

We would first like to quickly correct a small typo in our last alert. The third sentence in the eighth paragraph should have read, "It is amazing how absolutely nobody in the mainstream media is accusing Corzine of doing anything wrong, when $600 million in funds is still missing weeks after MF Global filed for bankruptcy." We mistakenly used the word "excusing", when we meant to say "accusing".
 
A major development took place today related to two of NIA's stock suggestions, including our latest stock suggestion Mines Management Inc. (MGN).
 
NIA's previous stock suggestion Revett Minerals Inc. (RVM) today announced that it has received an affirmative decision from the United States Court of Appeals for the Ninth Circuit relating to the Endangered Species Act (ESA) appeal filed by the Rock Creek Alliance and other environmental groups. The Court affirmed "the Fish and Wildlife Service's determination that the mine would entail "no adverse modification" to bull trout critical habitat and would result in "no jeopardy" to grizzly bears was not arbitrary, capricious, or in violation of the Endangered Species Act."
 
NIA first suggested RVM on March 22nd, 2010, at $1.9975 per share. In our initial report about RVM, we told you in regards to their Rock Creek project that "if the judge issues a negative decision, we could see a short-term sell off in the stock."
 
Just one week later on March 30th, 2010, RVM announced that "the Forest Service's decision to approve the Rock Creek Mine Project is vacated, and the 2003 Record of Decision and 2001 Final Environmental Impact Statement are set aside and remanded to the Forest Service for further action consistent with the Court's forthcoming opinion."
 
On March 30th, 2010 after this negative news, RVM dipped to a low of $1.50 per share, but we told you "the odds are in RVM's favor that the project will eventually proceed" and that RVM's temporary decline in share price was a "blessing in disguise for NIA members."
 
Today, after RVM's very positive court ruling, which makes it likely that their Rock Creek project will proceed like NIA predicted, RVM gained 26% to $5.35 per share. RVM reached a high today of $5.90 for a gain of 195% from NIA's suggestion price!
 
This news is also very significant for NIA's brand new stock suggestion Mines Management Inc. (MGN). In fact, MGN started to rally after RVM's announcement. MGN finished today up 11% to $2.13.
 
MGN's Montanore Project is located right next to RVM's Rock Creek project! If RVM is able to proceed with Rock Creek it makes it very likely that MGN will be able to proceed with their Montanore Project as well!
 
MGN's Montanore Project has a resource base of more than 230 million ounces of silver and nearly 2 billion pounds of copper! MGN, to the best of our knowledge, has the lowest valuation per ounce out of all publicly traded silver exploration companies in the world today!
 
MGN has $21.98 million in cash and no debt. With only 28.74 million shares outstanding, MGN's market cap at $2.13 is only $61.22 million. If you subtract MGN's cash from its market cap, MGN has an enterprise value of only $39.24 million.
 
With an enterprise value of only $39.24 million and a resource base of 230 million ounces of silver, that equals a valuation of only $0.17 per ounce! Silver is currently $34 per ounce, meaning that MGN's silver resource base is currently being valued at only 1/2 of 1% the price of silver! No other public silver company we are aware of has a silver resource valuation that is anywhere close to MGN's low valuation!
 
RVM gained from our suggestion price of $1.9975 to a high today of $5.90 for a gain of 195% and we believe MGN has the potential to make similar gains from our recent suggestion price of $1.92!
 
NIA's two most recent new stock suggestions before MGN were OPTT and MGP, and they made gains as high as 135% and 151% respectively from NIA's suggestion prices. NIA will not be releasing any new stock suggestions until MGN rises to substantially higher levels.
 
NIA's suggestion of MGN is completely unbiased. NIA does NOT own a stake in MGN. NIA is NOT being compensated in any way for its suggestion of MGN.
 
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.
 
Additional legal disclaimer information: http://inflation.us/ legaldisclaimer.html

MF Global Steals from NIA's Friend Gerald Celente



 

NIA's most popular guest who has been featured in many of NIA's previous documentaries is Gerald Celente, President of the Trends Research Institutute and editor of the Trends Journal, which you can subscribe to by going to http://www.trendsresearch.com. Celente has been bullish on gold for a long time and has been trading gold since 1978. His strategy is to accumulate gold futures until he owns enough to take delivery of the physical gold. He then holds on to the physical gold for the long-term in order to preserve the purchasing power of his savings.
 
Celente has a futures account with Lind-Waldock, a division of MF Global Inc. Celente had been accumulating December gold futures and was planning to take delivery of the physical gold next month. Last Monday, Celente received a call from his broker informing him that he had a margin call on his gold futures. Celente thought this was impossible because he knew that he had plenty of funds in his account to meet the margin maintenance requirements. His broker then told him that his money was with the Trustee now and unless he immediately sent over a large amount of cash, his positions would be liquidated.
 
The Trustee, in coordination with the CFTC, SIPC, and the CME, transferred over 17,000 customer accounts from MF Global to R.J. O'Brien. However, the Trustee only transferred about $1.55 billion or approximately 62% of the $2.5 billion in collateral that MF Global clients had. According to R.J. O'Brien, the accounts they received had only 75% of the margin maintenance requirements related to their accounts. This meant that every single MF Global client was now faced with a margin call and had to deposit additional funds to bring their accounts above R.J. O'Brien's initial margin requirement.
 
Many gold investors are buying gold to protect themselves from hyperinflation, which could hit the U.S. as soon as next year. Most of these people only keep enough of their wealth in U.S. dollars to pay their short-term bills and aren't in a position to wire over a huge amount of cash the next day. Therefore, most former MF Global clients have seen other people enter into their own personal accounts and sell their assets in recent days.
MF Global's CEO for the past two years was Jon Corzine, who made his fortune as CEO of Goldman Sachs and went on to become governor of New Jersey. Corzine should know a thing or two about taking major risks. After all, Corzine was one of the Wall Street CEOs that helped orchestrate the bailout of Long-Term Capital Management (LTCM) in 1998 after LTCM borrowed 97% of the money that they invested heavily into Russian sovereign debt that Russia defaulted on.
 
MF Global, with Corzine at the helm, invested $6.3 billion into the bonds of Italy, Spain, Belgium, Ireland, and Portugal. These bonds were set to mature next year and Corzine thought that as long as none of these countries defaulted on their debt, MF Global would make a large profit. Corzine apparently agreed with NIA's viewpoint that the ECB is likely to bailout any large eurozone countries and rescue them from default.
 
Unfortunately, Corzine made the same mistake LTCM did and used leverage of over 40 to 1. MF Global had over $40 billion in assets, but had less than $1 billion in equity. Last month after it was disclosed that FINRA forced MF Global to increase their net capital backing its European sovereign debt position, ratings agencies downgraded MF Global's debt, clients pulled funds from their accounts, and shareholders sold their positions, forcing the company to file for bankruptcy.
 
There is now $600 million missing from the accounts of MF Global clients. Any brokerage firm is legally required to segregate their funds from the personal funds of clients so that if the firm goes under, their clients' money is safe. It is amazing how absolutely nobody in the mainstream media is excusing Corzine of doing anything wrong, when $600 million in funds is still missing weeks after MF Global filed for bankruptcy. It is impossible for this to have been an honest accounting mistake. These funds are not just going to turn up anytime soon.
 
Obviously, there must have been some kind of criminal wrongdoing by Corzine. Most likely, this money was used by Corzine to back their European sovereign debt positions as money was flowing out of the firm in its final hours and more funds were needed to be put up to prevent forced liquidations. It is insane how after every news story about MF Global in the mainstream media, they almost always say, "Corzine hasn't been accused of any wrongdoing." You can bet if somebody like Ron Paul was CEO of MF Global, who is against the unconstitutional actions of the Federal Reserve, he would've already been arrested for using the funds of clients. However, if somebody like Ron Paul was CEO of MF Global, not only would he not have used clients' funds for corporate purposes, but his first step after taking over as CEO of MF Global would have been to reduce their leverage and get the firm out of debt.
 
Corzine is without a doubt directly responsible for the $600 million in missing funds, but because he regularly has $35,800 per plate fundraisers for Obama, he remains free while Celente and other MF Global clients are left wondering if they will ever see their money again. Interestingly, when MF Global had their latest bond offering, it said right in the prospectus that if Corzine was appointed by Obama to become Treasury Secretary and confirmed by Congress, those MF Global investors would receive 1% in extra interest on their bonds. The only good thing that will come out of MF Global's bankruptcy is that Corzine now has no chance of becoming Treasury Secretary and bankrupting our country in less than two years like he did to MF Global and almost did to the State of New Jersey. Unfortunately, the U.S. will likely experience hyperinflation in less than two years no matter who is Treasury Secretary, because we are at a point where our debt can only be paid back through monetization by the Federal Reserve.
 
If you would like your friends and family members to be among the first to see NIA's 'Occupy Wall Street the Documentary' coming soon, please tell them to become a member of NIA for free immediately at: http://inflation.us