Uploaded by SchiffReport on May 24, 2011
National Inflation Association co-founder George Hemminger (aka George4Title) exposes his former organization for the pump & dump scams it commits at the direction of its scandal-plagued leader, Jonathan Lebed. GO TO SCHIFFRADIO.COM to listen to the complete interview
Uploader Comments (SchiffReport)
I agree that NIA is pumping and dumping stocks. But they have had some great picks. Over a year ago they told people to buy Jan '11 $20 silver call options. They disclosed that they were buying and how much. I didn't buy but wish I did. Went up 1000%. That is not pump and dump. Just a great call. George also has a shady track record. He also has scammed a lot of people and made phony videos. Just search George4Title on YT and you'll see for yourself.
pweddy71 13 hours ago
@pweddy71 Yes they have recommended legitimate stocks in the past to build a foundation of trust so that NIA members would fall for the promoted pump and dump stocks as they would know know the difference between those stocks and the earlier picks that did so well. Since they started in early 2009, just after all gold and silver stocks collapsed about 70% in a few months, picking legitimate winners was a no-brainer
SchiffReport 12 hours ago 16