Dear CIGAs,

The following MP3 is an instrumental my son in law Giancarlo Volo compiled after my return from my recent China trip.

Click here to open the MP3…

The following MP3 is Bill Carleton’s "That’s Why (Mining Gold)"

Click here to open the MP3…

S&P 500, USDX, and US Long Bond
by Eric 8/11/09

Stocks and US Dollar Index relationship: Stocks and the U.S. Dollar Index have moved inversely since 2000. The correlation has tightened after each up/down iteration.

Strong dollar policy:  Spin.

US Long Bond:  The limiting factor to U.S. Equity and U.S. dollar index relationship is the US Long Bonds. Once the 1981 trendline fails, the policy of benign neglect won’t be so easy to execute.

Jim,

When will GM and the like have to tell the truth on their new super gasoline efficient vehicles like the Volt? The inefficient battery powered electric engine consumes energy well above the 230 MPG gasoline usage. I was reading the other day the new improved HDTV’s we are all scrambling to obtain are actually using 33% more energy – enough to drain all the power from a nuclear power plant. How many nuclear/cool/natural gas burning electric plants must we add to satisfy the upcoming need? How much do we have to upgrade our transmission lines? Or have we lost so much of our manufacturing demand that we now have over capacity to meet our needs for a long time?

All I know is I am adding uranium, cool, natural gas and energy providers to my gold and gold producer shopping list.

Thanks for keeping us so well informed

CIGA Fred

Fred,

Unfortunately, truth has died.

Regards,
Jim

Hi All,

The finding below (Missing Notary Acknowledgment) should also be true of situations where the Plaintiff in a foreclosure case fails to name the specific trust fund into which the subject loan was allegedly deposited i.e., one essential party to the matter remains unidentified.

I am also attaching a recent decision sent to me by Philip Althouse, a legal aid attorney par excellence in Elyria, Ohio, which is probably the best, most succinct memorandum of law that I have seen on what is required to prove that a Note and Mortgage have been properly negotiated and assigned to the foreclosing party.

I am going to use this and several other recent decisions (including the Massachusetts Land Court cases) to map out a checklist, flow chart and timeline that will become part of my curriculum for a workshop to train Judges how to spot fraud upon the court.

All best,
CIGA Marie

Marie McDonnell
Truth In Lending Audit & Recovery Services, LLC
Mortgage Fraud and Forensic Analysts
Marie.McDonnell@truthinlending.net

30 Main Street, Rear
P.O. Box 2760
Orleans, MA 02653
Tel. (508) 255-8829
Cell (508) 292-5555
Fax (508) 255-9626

Click here to view the recent decision sent by Phil Althouse

Name Missing in Notary Acknowledgment Means Bad Mortgage In Massachusetts
Posted: 10 Aug 2009 06:00 AM PDT

Money moves electronically, but papers move at human speed.  People make mistakes when rushed.  A name might not appear in a notary public’s acknowledgement, the place where the notary public identifies whose signature is being verified.  In Massachusetts, such a document may not be enforced against parties not signing the document.

The recent case of Agin v MERS (In re Giroux)  2009 WL 1458173 (Bkrtcy.D.Mass. May 21, 2009) made this point quite clear, when it ruled that a mortgage was not enforceable against a Chapter 7 trustee if the borrower’s name was left blank in the acknowledgment.  The trustee took over the mortgage under operation of bankruptcy law, and the mortgagee was left with an unsecured claim no different from that of a credit card issuer.

This decision was based on Massachusetts statutes, and it noted that other states’ laws might lead to a different ruling.  However, there may well be other statutes in your own state which give rise to rights not available in Massachusetts.  Look hard, and then look again.

More…