HomeMacro-Economic InvestingValue InvestingCommodity InvestingSmall-Cap InvestingOffshore InvestingOptions InvestingAgora Financial's Executive Series

Current Subscriber to an Agora Financial Product?
Member of The Agora Financial Reserve?
Customer Service Question? Click Here


James Turk of Goldmoney.com was nice enough to provide us with the sort of Ponzi scheme which have been alegedly propigated by e-gold. If you get an email like this, delete it.

"The media articles have noted, for example, how E-Gold is being used for ponzi schemes. For instance, here's an example of a typical HYIP spam I received recently. HYIP is an acronym for High Yield Investment Program a/k/a a ponzi scheme.

Welcome to the Electronic Commercial Contribution of Money!

ECCM-Invest is a high yield private loan program, backed up by Forex market trading. We have a team who are expert on their filed to manage the funds. Launched our website on February 12, 2007. Our professionals take advantage of currency price fluctuations to make profit for their clients by buying and selling major currencies and stocks.

Our mission is to provide our investors with a stable value investment opportunity for their capital,by investing in gold or gold futures electronically to gain a stable rate in return.

Online program that mainly focused on FOREX and securities exchange.
Before we put the investment programs onto the Internet, we have been on our business offline for several years. However, we are a group of professional experts with years of trading experience, so we are a great team that you can trust.

Here is what we offer:
• 7% Daily for life paid directly to e-gold
• Payments made every work day
• Minimum Spend: $1 USD
• Maximum Spend: $5000 USD
• Multiple spends allowed
• One month = 210%
• Referral bonus = 2% (E-Gold account number. To send on ours e-mail)
We don't make illusions and we don't promise sweet dreams.
We simply effectively perform the job.
The group of our experts works as one mechanism for achievement of the greatest possible result.

P.S. Please have in view of, that Forex works only in the working days.

ECCM-Invest © 2007. All Rights Reserved.

Now, to most people "7% daily for life" is obviously a scam, so it may be surprising to learn that there have multi-million dollar ponzi schemes promulgated through E-Gold, which as a result has provided an open invitation for the federal authorities to walk in and make E-Gold's life difficult.

GoldMoney has a zero tolerance policy to ponzis, and we will close any account being used in ponzis. E-Gold could also have had a zero tolerance policy to ponzis, but chose not to.

If E-Gold followed best business practices, they would have closed the account of the ponzi listed in the spam quoted above, as well as the accounts of what I suspect are thousands of other ponzis. But E-Gold apparently turns a blind-eye, allowing these scammers to operate. I think the federal indictments are therefore an inevitable consequence.

Regards,
James"

James and the Goldmoney crew seem to know a thing or two about profiting from the inhearant vaules of precious metals.  Learn more about them here.

• Back to Today's FREE 5 Min. Forecast Issue >>

Find Out More about Agora Financial's Executive Series >>


Agora Financial News

Six Secrets of a Master Trader by Steve Sarnoff | The Daily Reckoning 
Speculating can be a difficult game - one that many assume, requires throwing caution to the wind. But as Steve Sarnoff explains, there are a few proven ideas that can be very helpful along the way.

How to Make Money From the Big Picture by Steve Sarnoff | The Penny Sleuth
You can't find a better bet for the long-term direction of the market than these index funds. However, you can also rack up some nice short-term gains with them, too. That's because you can buy options on the index funds, just like with most other stocks. Index fund options behave the same way, too...giving you the power to use Superleverage on the entire market...

Retail Sales Bomb by Mike "Mish" Shedlock | Whiskey & Gunpowder
Greg Grillot's Note: Mish called me today talking about the disaster in retail sales. Sales were supposed to be weak because of the weather and an early Easter. "Weak" does not begin to describe what happened. Results were horrid pretty much across the board. Is this finally the start of a sustained pullback in consumer spending? If so the result will be ominous. Read on and find out.

 
Agora Financial News Blogs

The Daily Reckoning’s Desidooru Saloon
The Desidooru Saloon is a blog from us editors over at The Daily Reckoning. Not being technically savvy, it has taken us a while to get into this crazy blogosphere. But we figure this is a good way to have a more open and organic dialogue that readers can be a part of. As for the name, it has a lot of meaning behind it. We know it's not the easiest name, but we think you'll appreciate the name after reading the history behind it… Also, if you're so inclined…sign up for the “always FREE” Daily Reckoning newsletter.


The 8th Annual AGORA Financial Investment Symposium
July 24-27th: The One Event You Can't Afford to Miss!

Rim Of Fire: AF Investment SymposiumOnce again, Agora Financial is proud to host what will surely be one of the most heavily anticipated financial conferences of the year. The Agora Financial Wealth Symposium will grace beautiful Vancouver, British Columbia for the fourth year in a row. This year's theme, Rim of Fire: Crisis and Opportunity in the New Asian Era, will explore the incredible profit prospects of the booming Asian continent. Learn More >>

100% Accuracy… With Average Gains of 100%!
Your Chance to turn $5,000 Into $1 Million With the Hot Streak of the Decade

100% AccuracyIf you were one of this hotshot analyist’s loyal readers in 2005, you would have had a chance to make money on every single one of his recommendations. And not just small gains, either — the average return was 100%. Catch this streak while it’s still hot — and learn how quickly you could turn $5,000 into $1 million.

Click Here for More Information >>

How You Could Turn $200 Into $1.2 Million…Or More!
The CXS Money-Multiplier System finds the stocks that Wall Street ignores.

CXS Money MultiplierThose stocks -- handpicked and meticulously researched -- are then passed straight on to you. The profit potential is that simple. You’ll be kicking yourself if you miss this. It’s all upside -- and you must see it to believe it.

CXS Money-Multiplier System >>



Monday May 14, 2007
A Mine Resistant Vehicle in Every Soldier’s Garage...
Musharraf Has A Few Options, None Of Them Good...
Commodities Boom Extends To Minor Metals...
Friday May 11, 2007
Retail Sales Bomb — Among the Worst On Record...
Thursday May 10, 2007
Made In U.S.A.: Water Pipes...
Wednsday May 9, 2007
First Annual Drop Since 1968...

Agora Financial's 5 Min. Forecast — part of a premium e-mail bundle called Agora Financial's Executive Series. Along with the Rude Awakening, the 5 Minute Forecast is sent FREE to all Agora Financial subscribers. Read Today's Issue Free >


Media Spotlight

Kevin Kerr, Maniac TraderREVEALED AT LAST:
The Inside Secrets of One of the World's Most Exclusive Moneymaking Clubs
 
For decades, a small group of men and women have been making millions of dollars playing everything from politics to the weather. And until recently, the only way to join the fun was to know someone already inside...

Now, Kevin Kerr has dared to break the ranks — and he wants to share the inner workings of this elite group with you. With his help, you have a chance to turn everyday events into cold, hard cash... just like the pros do! Find Out More >>

……………………………………………………………

Kevin Kerr on Fox SAT MAY 5th, 10am ESTSat. May 5, 2007: Kevin Kerr was on Fox News Saturday, May 5th. The last time he was on, Kevin gave the nod to Novelis, which rose 60% in the three ensuing months. Read More about Kevin's interview. >>


Research Center
Enter Symbol: 
  
Research Tools

Investing In Water Report:
A Special Situations Report on Our Most Precious Resource Investing In Water

Water might be the precious commodity that determines the wealth of investment portfolios. That's why we conducted an intensive, months-long research effort to find the very best ways to invest in water. Our just-released water report highlights five stocks that we believe will reward investors over the years ahead. Investing In Water Report >>

Housing Bubble Report:
What the Numbers Tell UsHousing Bubble

Recent existing home sales data confirm the fact that the housing boom-boom is going bust-bust. Sales of existing homes fell 11.2% from a year earlier, while the absolute number of homes for sale jumped to a new record. Housing Bubble Report >>


Editor Spotlight
Bill Bonner
Addison Wiggin
Eric Fry
Dan Amoss
Kevin Kerr
Craig Walters
Greg Guenthner
Chuck Butler
Kate Incontrera
Chris Mayer
Steve Sarnoff

Mogambo Guru
Peronet Despeigne
Christopher Hancock
Dr. Richebächer
Jonathan Kolber
Byron King
Jim Amrhein
Mike Shedlock
Greg Grillot
Ian Mathias

Doug Casey
View All >>


CustomerService
Phone / Email:
1-800-326-1433
customerservice@agorafinancial.com
CustomerService

AFR
Options

Resource Trader Alert

Options Hotline

SpecialtyServices

Seeds of Wealth

The Secret Order of Jurojin

Agora Financial Books

Empire of Debt 

The Demise of the Dollar 

Financial Reckoning Day

Agora Book Publishing

Agora Financial Resources

Welcome to Squanderville

The Essentialist Glossary 

Essentialist Humor Files 

A DR Desiderata 

An Open Letter to Congress

The Revolution Of 1913

Econ&Politics

Strategic Investment

The Survival Report

The Richebacher Letter

Value&Income

Capital & Crisis

Mayer’s Special Situations

Gold Oil & Energy

Outstanding Investments

Resource Trader Alert

Growth, Tech & Med

Small-Cap Strategy Report

Small-Cap Insider

Penny Stock Fortunes

The Emerging Capital Report

Offshore & Intl

NEW: Global Real Estate Investor

Free Market Investor

Home  |  About Us  |  Whitelist Us  |  Contact Us  |  Privacy  |  Search | Customer Service

Copyright © 2007-2008 Agora Financial LLC. All Rights Reserved. The content of this site may not be redistributed
without the express written consent of Agora, Inc.