National Inflation Association Issues Warning: Empty Store Shelves Coming To A Town Near You

Hi burntheships. I registered and began receiving weekly NIA newsletters in the Spring of 09 when the "association" was first formed. After a week or two, I became suspicious when their stock recommendations began arriving in my email. I did a bit of research and discovered that the founder is a controversial youtube character named "george4title". I also discovered that george4title and the NIA are associated with none other than Jonathan Lebed. If that name doesn't ring a bell, Lebed is the youngest person ever to be charged with stock fraud by the US Securities and Exchange Commission. The charges were related to a penny stock pump & dump scam. Here's Lebed's Wiki.

Can a leopard change it's spots ? Maybe....I guess.

Initially I was attracted by the authoritative label; The National Inflation Association. Sounds so official, almost governmental...but so does The Federal Reserve...a private, for profit banking cabal.

I'm convinced that severe inflation is a looming probability, just listen to Gold...and food shortages would be a given in a hyperinflationary environment, but I also believe that the smoothest operators play on our genuine concerns, and our most rational fears.

Old timers with legacy like Harry Schultz, James Turk, John Williams, Jim Sinclair and many other credible sources have been pounding the table on precious metals, inflation, hyperinflation, market manipulation and similar themes for decades....where was the NIA 10yrs ago ? Stop to think about it, what does the NIA have to offer that other more seasoned, legitimate resources don't...except their stock recommendations ?

While I agree with a-lot of the information they provide...I can get it all elsewhere. I cancelled my NIA newsletter subscription a long time ago...only read them when I see 'em on the boards, and never C&P their links.

Anyway, here's the full monte on george4title, Jonothan Lebed, and the National Inflation Association....



GL burntheships, and apologies for the off-topic post.

reply to post by OBE1


OBE1,

Wow...thank you for that enlightenment. Hey, if I cant trust you then who can i trust.
I did think that the first video was a bit sensational, but posted it anyways. Its really really interesting
to learn of your first hand experience with them, and the associations they have.

Off to watch the video, and again, thanks for posting the info!
bts~

OBE1,

Hey your right on there. I had no idea this NIA was touting stock reccomendations. My bad.
Very interesting is it not? Thats a little conspiracy in itself!

Great expose that video did, and again, thanks for posting!
Inflation, yes. I will buy that, but nothing else.

Originally posted by Lil Drummerboy
......also even if this were to be true,.. just what would you be able to do about it except stock pile food?
the average citizen is just too dumb to the idea of preparation for anything

Well..........some would consider me 'an average citizen', but I have been aware for awhile now. I just do not have the resources to stockpile much of anything!!! For many, it is not about being 'too dumb' because some of us are living - barely - from pay check to pay check.

I had to quit working when my Mom was diagnosed with Pancreatic Cancer (actually several momths before they figured out what it was) because she needs a full time caretaker. We live off of her SS and the little amount I have been able to start bringing in since July. Caring for her ties up all the financial resources we have - period!! Not much left to buy weeks of extra food, but I try to do what I can.

So, please, do NOT assume everyone - who is not able to stockpile - is dumb!! For many, it is kinda hard to prepare when the funds are just not there!!

reply to post by burntheships


Hi BTS. Ya know, I still see NIA material posted on a few of the more popular financial websites, and quoted by some pretty well known analysts who apparently don't take the time to source-check when the information in question happens to support their particular thesis

These NIA guys are day traders, not economists. I believe they gather their information from the same popular online sources you and I use...package it in a glossy video production or a well composed fear based missive, and attach a few stock recommendations. Exploitation for profit is no bueno.

How 'bout those precious metals by the way ? Congratulations on your Gold/Silver success bts. As usual, I've been patting myself on the back all week.

That often means we're due for a pullback

Lets see what happens.

reply to post by OBE1


OBE1,
Interesting that they have gone largely under the radar then. Hey, they should have stuck with trades, instead of aspiring to be ecomomists! NIA indeed!

Yes, hey how about those precious metals! And congratulations to you as well!

It has been fun, yes hold on for the next ride!

It's good to see someone with weight in the investment community finally pull the covers on this outfit...and in a very public format.

Message from Peter Schiff today:



I already posted my personal feelings on the National Inflation Association at the beginning of this page. If you've ever lost money in a pump and dump, it's pretty easy to sniff out the scammers regardless of how sophisticated the operation.

Some of the more respected financial boards like itulip have been on to these guys for over a year, but from time to time, I stilI see NIA material promoted on otherwise reputable media sources.

Cringe-worthy

reply to post by OBE1


OBE1,

Thanks for the update!

Since you brought this to my attention, I have seen many videos from these guys, and
I think of you and your comments from a while back.

Its good to see someone expose them!
Others had to wait ...we...had OBE1.

reply to post by burntheships

Hi BTS! Really, you're too kind. I just had the misfortune of being skinned a couple of times back in the day...still kinda po'd about it I guess.

Anyway, check out the action on that NIA stock pic. This miner was in a sustained 5 month decline, "staring into the abyss"...then suddenly staged a miraculous high volume recovery on 18th, +70% out of nowhere...on zero news No positive drill results, no resource upgrades, no JV announcement,...nada! Well, nada with the exception of that NIA buy rec which went out on the 18th.

Link

I wonder who was off-loading shares into that spike

GL-BTS

reply to post by OBE1


now thats some serious recovery.
I am left wondering where these guys......?

reply to post by burntheships


You might want to check out the following thread. NIA or inflation.us is coming to an end thanks to Peter Schiff

www.abovetopsecret.com...

But it seems there were those who were warning us about NIA quite a while before this

CheckMate George4title, Inflation us, Jonathan Lebed, Lebed biz

www.youtube.com...

reply to post by soleprobe


Thanks, good info!
I have noticed that these dudes tend to publish sensationalistic stuff,
lots of opinon and little fact.

Originally posted by burntheships
wow: now thats some serious recovery.
I am left wondering where these guys......?

There must be at least 3,000 Jr exploration companies listed on the venture exchange, and maybe 5 to 7% of those companies will ultimately prove up and define a viable, mine-able resource body. The rest of these "mines" are sometimes referred to "holes in the ground surrounded liars"

Appropriate...no ?

GL

The NIA has just been called out by Peter Schiff on one of his youtube videos as pump and dump penny stock scam artists. They basically take others information without giving due credit and create fear. Once you sign up for there newsletter they send you information on the penny stocks they are pumping and dumping. Here is a link to Peter Schiffs video.

www.youtube.com...

reply to post by burntheships


Dont count NIA out yet, they have fired back:

For the past two years, NIA has built one of the world's most impressive track records of free stock suggestions. Not including NIA's latest stock suggestion Mega Precious Metals, NIA has released 27 stock suggestions and they have made an average gain at their highs of 196% from NIA's profile prices.

NIA has always made it very clear that we are not investment advisors and our stock suggestions have been just that, suggestions. NIA has never recommended to its members that they buy or sell any stock. NIA's stock suggestions have been 100% completely unbiased. NIA has NEVER once sold a single share in any of its stock suggestions. Let us repeat, NIA has NEVER once sold a single share in any of its stock suggestions.

There is a certain well-known traditional old-fashioned stock broker who has recently been losing a lot of his business and believes NIA is partially responsible for his company's decline. NIA used to have a lot of respect for this person and we still agree with many of his economic viewpoints. Unfortunately, his brokerage firm will most likely no longer exist in a few years and it has nothing to do with the success of NIA.

We are not going to mention this person's name and give his brokerage firm any publicity. The truth is, this firm charges very large commissions of approximately 3.5% every time one of its clients buy or sell any stock. NIA for the past two years has been suggesting to its members that they open up online brokerage accounts with firms such as Etrade, Ameritrade, and Scottrade, where they can buy or sell any stock for approximately $10 per trade.

There is no reason why any investor should have to see a 7% gain in a stock that they purchase before making a profit. With an online brokerage account, if you invest $25,000 into a stock and it rises 5%, you would make $1,230 if you sold it. If you invested $25,000 into that same stock using a traditional old-fashioned broker and you sold it after it gained 5%, you would lose $543.75.

NIA would like to take this opportunity to make it perfectly clear that neither our organization, anybody who works for our organization, or anybody affiliated with our organization owns a single share of Mega Precious Metals (TSX Venture: MGP) or has ever owned a single share of MGP. We are shocked that this traditional old-fashioned stock broker who we used to have so much respect for would outright lie and say that NIA "pumped and dumped" this stock without presenting a shred of evidence.

It is impossible for someone to "pump and dump" a stock if they never bought or sold a share of it. Even somebody with no stock market experience can look at a chart of MGP and see that it has been falling straight down for months on almost no volume. It would have been impossible for anybody to have accumulated even a modest sized position in the company before NIA's profile. NIA profiled it right at the bottom.

NIA has the most intelligent membership base in the world. This old-fashioned broker is obviously extremely jealous of the success of NIA members who no longer have to pay brokers like him 7% per round-trip trade, more than the commission to sell a house. Yes, some of NIA's stock suggestions like MGP are risky and speculative. NIA made it very clear that MGP's gold resource base is an inferred resource and not a proven reserve.

The truth is, if you want to outperform the rest of the market, you sometimes need to take risks. The best performing mining stocks will be companies with inferred resource bases that turn them into proven reserves. If you invest solely into companies that already have proven reserves, their stocks are most likely fully valued with limited upside potential. NIA hopes that the rest of this old-fashioned broker's remaining clients soon wake up and realize they are paying 7% round-trip commissions for no reason at all.

NIA's track record speaks for itself. Let's see where MGP is trading at the end of 2011. NIA is extremely confident it will become a huge winner. In fact, we bet our reputation that it will become a huge winner from its current price of $0.47 over the long-term. Although NIA hasn't purchased a position in MGP yet, it is possible that NIA's President will begin accumulating a position soon.

If any investor wants exposure to many different well-known established mining companies with proven reserves that have already been discovered by the investment community, all one has to do is purchase the ETF Market Vectors Gold Miners ETF (GDX). With any online brokerage account for only a single $10 trade, you can purchase GDX, which is well-diversified into many of the largest most established miners. There is absolutely no point for anybody to have a brokerage account with a brokerage firm that provides no value for the large commissions that they charge.

Since NIA was formed in February of 2009, NIA has released 28 public stock suggestions. Only on 1 occasion has NIA ever owned a stock suggestion in advance before profiling the company to the public. That company was Garibaldi Resources Corp (TSX Venture: GGI). Not only did NIA's President Gerard Adams fully disclose his ownership of 183,000 shares, but he agreed to hold his shares for 90 days so that in no way would he benefit from any attention NIA's profile generated for the company. Our original profile of GGI was released on December 28th, 2010, and still to this day, Mr. Adams holds his entire position.

All other positions held by Mr. Adams in NIA's stock suggestions were purchased well after our profiles were made public. This means, except for GGI, NIA members always had the opportunity to purchase NIA's stock suggestions before NIA's management did. All positions held by Mr. Adams are fully disclosed at the bottom of our profiles on Inflation.us. Mr. Adams is a long-term investor and has never once sold a single share purchased in any of NIA's stock suggestions. Besides Mr. Adams, nobody else who works for NIA or has any affiliation with NIA has ever bought or sold a single share in any of NIA's stock suggestions.

There is a reason why Glenn Beck calls NIA a very credible organization, yet no longer invites this stock broker on the air. There is a reason why NIA's membership base is growing by leaps and bounds and far exceeds this stock broker. NIA's President spends 12 hours per day studying the economy and researching stocks. His number one goal in life is not making money for himself, but is preparing Americans for hyperinflation and helping as many Americans as possible survive and prosper during the currency crisis that is ahead.

Here is a list of all of NIA's past public stock suggestions along with their percentage gains at their highs:

Newmont Mining (NEM)
Suggested on February 26th, 2009, at: $40.68
High on September 22nd, 2010, of $65.50 +61%

Barrick Gold (ABX)
Suggested on February 26th, 2009, at: $31.34
High on April 21st, 2011, of $55.74 +78%

Silver Wheaton Corp (SLW)
Suggested on February 26th, 2009, at: $6.74
High on April 8th, 2011, of $47.60 +606%

Potash Corp of Saskatchewan (POT)
Suggested on March 4th, 2009, at: $24.88
High on February 14th, 2011, of $63.97 +157%

GoldCorp Inc (GG)
Suggested on March 11th, 2009, at: $28.05
High on April 28th, 2011, of $56.20 +100%

Royal Gold Inc (RGLD)
Suggested on March 18th, 2009, at: $42.21
High on April 28th, 2011, of $62.01 +47%

Eldorado Gold Corp (EGO)
Suggested on April 1st, 2009, at: $9.14
High on September 15th, 2010, of $20.23 +121%

Zhongpin Inc (HOGS)
Suggested on April 1st, 2009, at: $9.16
High on November 5th, 2010, of $25 +173%

Yamana Gold Inc (AUY)
Suggested on April 8th, 2009, at: $8.17
High on December 2nd, 2009, of $14:37 +76%

Ivanhoe Mines Ltd (IVN)
Suggested on April 15th, 2009, at: $5.84
High on December 7th, 2010, of $30.03 +414%

Hecla Mining Co (HL)
Suggested on April 30th, 2009, at: $2.47
High on January 3rd, 2011, of $11.56 +368%

First Majestic Silver Corp (TSX: FR)
Suggested on June 2nd, 2009, at: $2.72
High on April 6th, 2011, of $25.79 +847%

Endeavour Silver Corp (EXK)
Suggested on June 17th, 2009, at: $1.66
High on April 8th, 2011, of $12.75 +668%

Entrée Gold Inc (EGI)
Suggested on July 9th, 2009, at: $1.39
High on January 3rd, 2011, of $3.52 +153%

Capital Gold Corp (CGC)
Suggested on August 5th, 2009, at: $2.48
High on April 8th, 2011, of $6.57 +165%

DRDGOLD Ltd. (DROOY)
Suggested on October 18th, 2009, at: $7.20
High on January 15th, 2010, of $7.90 +10%

AgFeed Industries, Inc. (FEED)
Suggested on November 3rd, 2009, at: $4.60
High on January 7th, 2010, of $5.69 +24%

China Sun Group High-Tech Co. (CSGH)
Suggested on December 14th, 2009, at: $1.61
High on January 8th, 2010, of $2.35 +44%

NGAS Resources Inc. (NGAS)
Suggested on February 11th, 2010, at: $1.38
High in 2010, of $2.14 +55%

Revett Minerals Inc. (RVM)
Suggested on March 22nd, 2010, at: $1.9975
High on April 6th, 2011, of $6.32 +216%

Coeur d'Alene Mines Corporation (CDE)
Suggested on May 3rd, 2010, at: $17.92
High on April 6th, 2011, of $37.59 +110%

Pyramid Oil Company (PDO)
Suggested on June 15th, 2010, at: $4.39
High on February 24th, 2011, of $9.40 +114%

Canadian Zinc Corp (TSX: CZN)
Suggested on July 28th, 2010, at: $0.37
High on February 22nd, 2011, of $1.56 +322%

U.S. Silver Corporation (TSX Venture: USA)
Suggested on September 20th, 2010, at: $0.28
High on November 9th, 2010, of $0.83 +196%

Garibaldi Resources Corp (TSX Venture: GGI)
Suggested on December 28th, 2010, at: $0.295
High on February 23rd, 2011, of $0.56 +90%

PC Gold (TSX: PKL)
Suggested on March 7th, 2011, at: $0.83
High on March 7th, 2011, of $1.16 +40%

Nautilus Minerals Inc. (TSX: NUS)
Suggested on April 13th, 2011, at: $2.59
High on April 14th, 2011, of $3.51 +36%

NIA's President owns 183,000 shares of GGI, 3,500 shares of CDE, 10,000 shares of RVM, 20,000 shares of CSGH, 7,400 shares of DROOY, 36,500 shares of EGI, 5,950 shares of EXK, 10,000 shares of HL, 2,700 shares of IVN, 2,300 shares of AUY, and 600 shares of NEM, and could sell any of these shares at any time. The exact gains above may have been difficult or impossible to achieve. Past performance is no indication of future returns.

Our Legal Disclaimer: inflation.us...

NIA and Peter Schiff are two of my favs I wish they would just get along lol. Inever buy stock I dont do my own research on, so I have never been "pumped & dumped" ( if that is that NIA is doing, they make a very strong case against it

reply to post by Skerrako


Schiff responded to a similar, although much more condensed, comment on george4title video reply on youtube but george4title has pulled both of his reply vids. In short Schiff said they recommend legit stocks to sucker the unsuspecting into the pump and dump.

In george4title response vids he didn't address a single point Schiff made. The damage to NIA is irreparable.

reply to post by soleprobe


I love a good poo-throwing contest

Second

I have this youtube channel sub'd. But keep in mind this video was made over a year ago.

reply to post by Anttyk47


So was this thread lol, were talking about a different subject

It's ok I thought the same thing when I saw this thread

reply to post by Skerrako


:O ! I will check out the op with more detail, thanks

Originally posted by Skerrako
I love a good poo-throwing contest

This is not a poo throwing contest… Schiff simply exposed the poo stocks NIA was trying to unload onto their subscribers.

Here’s Schiff’s youtube comment that addresses the NIA response in your earlier post:

“You keep missing the point. The legitimate recommendations are there as a set up for the pump and dump recommendations. They hope their members will not be able to differentiate between the legitimate stocks and the scam stocks NIA is paid to promote. That's how a con works. First you gain the victims confidence (which good recommendations of legitimate stocks) then you hit them with the pump and dump for the big sting.”