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
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
This is a newsletter I subscribe to - this is what I got from them today, November 30th, 2011. They offer information on how to protect oneself (financially) from upcoming hyperinflation, stock suggestions, and lots more... please notice what they say here..... I've colored the important pieces dark red.. NIA has always been spot on... it's a free publication so subscribe yourself by going to their website (if you want, I've found it excellent as a subscriber of 2 years) I started buying silver due to their recommendations when it was $17.40 ounce.
Important - notice the phrase "digital gold backed currency" - THAT is what I believe the IQD will come out as, and if it does I may be keeping it in IQD... jmho - cheers, YSK
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Join date : 2011-06-29
Location : Canada
I smell a worse than 1928 depression coming!
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