Hi guys! Today as you might know is April Fool’s day and that’s exactly how I feel myself after spending 10 Euros on a very whimsical entrance to something called the National Leprechaun museum here in Ireland. And it’s no joke, just today I realized that the leprechauns really do exist, except it’s only to lift a tenner from my pocket for what’s almost certainly the all time worst tourist attraction I have ever come across in my life, lol. I guess it’s almost worth it just to see how hilariously bad it is! Good thing my spirits were lifted by a trip to the cinema later.

Anyway, not such good news for most HYIP investors either because LibertyReserve is still offline and it’s been down for around 36 hours now. This is something that will definitely affect the performance of many programs that either solely or mostly depend on LR deposits to pay the withdrawals. In fact it’s already happening. I’m talking about such programs as BestProfitInv, FundOfProfit and BankOfPanama. They offer one-day plans and I believe they won’t be able to survive this extended downtime, just because the well-functioning PerfectMoney which they also accept still only occupies a tiny share of the market and is not so popular among online investors as LR yet. BestProfitInv has been already moved to Problem status on MNO due to my payout to PerfectMoney being pending for over 24 hours. It looks like no payments have been processed today and that further validates moving it to Problem status. I don’t have any pending withdrawals from the programs with similar plans – BankOfPanama and FundOfProfit – but I would not be surprised if they stopped payouts soon. I cannot confirm that happened yet but judging by the stats on FundOfProfit it’s most probably true. Please let me know if you have any pending withdrawals from those programs and I will consider moving them to Problem status on MNO as well.

The consequences of LibertyReserve downtime show just how fragile the HYIP industry is and how such downtime can have a negative impact on many programs. LibertyReserve themselves have yet to commit themselves to an exact time when they will be fully functional again, so until then we can only cross our fingers and hope that it will be sooner rather than later. Every extra hour of downtime affects the industry pretty badly and shows that it is in urgent need of at least several viable alternatives to LibertyReserve that was (like it or not) considered a very stable payment processor before yesterday. It’s almost two years since LR downtime had such a widespread effect.

The latest LibertyReserve outage therefore prevails as the main subject of many updates sent today by HYIP admins who remain powerless to honor pending withdrawals until the site is back online. Some programs, like ExraIncome for instance (reviewed here) took some drastic measures and removed pending withdrawal requests, sending the money back to members accounts and urging them to redeposit the money instead of waiting for LibertyReserve to get back on track. In this case it really sounds like a reasonable idea because at the time you can’t get your money from ExtraIncome anyway. Whether you like it or not there’s nothing else they can do about it so it might just work for you and bring you profit on the following plans paying on expiry – 120% after 5 days, 145% after 10 days, and 170% after 15 days. Anyway, after having being monitored on MNO for over 10 weeks and achieving the #1 spot on my list ExtraIncome really commended itself paying instantly to AlertPay, LibertyReserve and PerfectMoney. Of course, now those who deposited via LibertyReserve might feel cheated but since we don’t know anything yet as to when the payment processor will be back online redepositing does not sound all that bad an option. At the same time, in the latest urgent newsletter from the admin of ExtraIncome Phil (interviewed here) mostly dedicated to LR issues he also emphasized that such issues will not affect PerfectMoney and AlertPay which will still be paid instantly. Here is the latest newsletter from ExtraIncome:

“Dear Members,
We are unable to process Liberty Reserve withdrawal requests as Liberty Reserve website is currently non-functional. The update on their website reads as follows:
——————————————————————————————————
Site is temporarily unavailable
Liberty Reserve is experiencing technical difficulties and will return as soon as our hosting provider’s backup routing equipment is powered and reconfigured.
We are sorry for this inconvenience.
——————————————————————————————————
Due to this, we have canceled Liberty Reserve withdrawal requests, and have returned the requested funds to the account balance. We ask those members who would like to request for their payments Liberty Reserve, to do so, after Liberty Reserve website becomes fully functional again.
On the other hand, it has been more than 24 hours now, since Liberty Reserve website has been non-functional, and they have not given any estimated time on their website, around which they will be fully functional again.
As a matter of fact, those who would like to save time, and would like to re-invest, may do so from their account balance. If you would like to re-invest from your account balance, please go to the Make Deposit section in your account, select the plan, enter the amount, and select the option “Spend funds from Account Balance Liberty Reserve”. This option will be available only if you have Liberty Reserve funds in your account balance.
Please note that deposits with, and withdrawals to the other accepted payment processors, Perfect Money and AlertPay will not be affected in anyway due to this issue.
Best Regards, Phil Whitaker. ExtraIncome”.

OilCapital (reviewed here) is yet another program which pays instantly to LibertyReserve, PerfectMoney and AlertPay on two main investment plans – 3%-4% for 50 days, and 120% after 10 days. So it was decided by the admin of the program Jack (you can read the second interview with him here) to actually cancel pending withdrawals requested to LibertyReserve and encourage members to make withdrawals once LR is back online to be paid instantly as usual. Of course, instead you can make a re-deposit into any of the plans and keep earning money but it’s your choice entirely. Here is the latest update from OilCapital:
“Dear Clients,
The website of Liberty Reserve is unavailable at the moment, and therefore, we are unable to process Liberty Reserve withdrawal requests. Hence, we have canceled all pending Liberty Reserve withdrawal requests, and moved the funds back to the account balances of the respective clients, We kindly request you to request for your Liberty Reserve withdrawals, after the website of Liberty Reserve becomes available again.
Warmest Regards, OilCapital Administration”.

Even more drastic measures were taken by the admin of Agromatica George who completely disabled LibertyReserve withdrawals but promised to re-enable them once they’re fully operational again. I have a deposit in Agromatica via LR but I guess other payments to different payment processors (PerfectMoney, GlobalDigitalPay, SolidTrustPay and AlertPay) are still processed fast to all the investment plans on offer – 0.5% for 15 days, 1% for 60 days, and 1.2% for 90 days with principal returned on expiry (please read more detailed description of Agromatica in my review of the program published here). This is the latest mass email to their members:
“This is brodcast e-mail to all members.
The LibertyReserve payout queue still on hold due to LibertyReserve outage. Please, be patient and don’t worry. The queue will be restarted as soon as LibertyReserve back to full operational.
Best regards, Agromatica Admin”.

The admin of BusinessVentureFunds Jonathan today personally contacted me and assured me that all LR withdrawals would be paid to his members as soon as LR is fully back online. He also mentioned that he will be requesting an interview on MNO blog and will probably even participate in a Live Chat session with MNO readers. So stay tuned for more information on that later. I remind you that BusinessVentureFunds pays 2.15%-2.85% for 120 business days with principal returned on expiry with only LR and PM accepted so far as payment processors. More information on BusinessVentureFunds is in my review of the program published here, but below is the latest update:
“Hello all,
Due to Liberty Reserve payment system being unavailable at the moment, we are unable to process the interest payments for today. Perfect Money interest payments have already been made. We will process the Liberty Reserve payments once they are back up and working.
Regards. Jonathan”.

The admin of SiliconValleyGroup which was reviewed on MNO only a week ago (read the full review here) also reported in the latest newsletter that he had cancelled all the pending withdrawals to LR but promised all members would be paid properly as soon as LibertyReserve site is back to normal. Another important story to address is the current accessibility issues experienced for the next few days due to changing their DNS servers and the time required for the site to propagate in all areas. Don’t worry though as it’s a pretty standard operation and even if you’re not able to connect to the site from your current location you can always use proxy-servers as a temporary move. I must confirm though that I still receive instant withdrawals from SiliconValleyGroup to PerfectMoney which I used for investing 1.8%-2.5% for 180 days plan offered by the program. I guess members using AlertPay were not affected either. Here is the latest news from SiliconValleyGroup:
“Hello, Today we have a two important news for our clients.
First, we changing our DNS servers. That means, our site will be unavailable for some time from few hours to 3 days max in some distant regions. If you want to get access to our site in a faster manner, try use proxy connection. It usually helps.
Second news is, as you may already know last 24 hours Liberty Reserve payment processor experiencing some difficulties. That means, we can not process withdraws in Liberty Reserve until they fix their site. All pending transaction are cancelled for the time being. You will need to login and withdraw your profit again. Please check http://www.libertyreserve.com first before asking for withdraws. For now, its loading fine but you can’t access your Liberty Reserve account.
SiliconValleyGroup team”.

The administration of one of the most popular low-ROI programs SafeDepositary (reviewed here) also addressed the LR issue in the latest update posted on their site. But the main subject of the update were the publication of the first ForEx trading reports which SafeDepositary uses now in their alleged investment activities trying to diversify more funds which according to them is in the stocks market. Be it one or the other you’re the one to judge the genuine level of trading charts posted by SafeDepositary which pays 1.6%-2.3% for 150 business days with principal returned on expiry on LR, PM, AP, STP and Bank wire deposits:
“First Forex trade report & Liberty Reserve withdrawals
Dear clients! As we previously announced, SafeDepositary formed Forex department. Currently we have three traders, each of them received a starting capital of $500,000. They have been working for last 2 weeks and gained nice results. We currently publish a trade report of the most successful trader of the day. Please keep in mind that our main field of investing is stock market but we plan to increase the volume on Forex market week by week. This trade report confirms over 4% interest gained for today’s trading session. SafeDepositary traders work themselves without using automated trading because it’s not safe so there is a small amount of daily transactions and only one currency pair is used for trading. Also we would like to add that Liberty Reserve website is still offline so we can’t process withdrawals all the day starting from 06.00 EST. Hopefully the issue will be fixed and of course all pending withdrawals will be processed right away as soon as Liberty Reserve is back online. Withdrawals to Perfect Money and AlertPay are processed instantly as usual. Enjoy our trading results by analyzing the trade report below: https://safedepositary.com/release/fxreport1“.

I have no idea if this offer is still applies by the time you read this but SolidTrustPay decided to make the first of April a the day without fees. And it’s no April Fool’s joke! This was a gesture made to compensate members for the inconvenience caused by the unfortunate downtime for almost two days in a row and I think it was wonderful because if every payment processor followed their example they would keep their clients for good regardless of any technical issues. Therefore this update posted today on the official STP blog today should be really appreciated by all its clients:
“FEES FREE FRIDAY !!
To show our appreciation for everyone’s patience during the recent upgrades, which took MUCH longer than expected, this Friday is a FEES FREE FRIDAY !!
On April 1 (and this is no joke) all member to member transfer fees will be completed at NO CHARGE. So on Friday, starting at 9:00am EST and for the next 24 hours, if you receive funds from another STPay member, it will be FEES FREE (trying saying THAT three times in a row).
No company can promise 100% perfection 100% of the time or promise that their website will be 100% available and working 100% flawlessly. But SolidTrust Pay CAN promise that it will do all it can to make things right and take care of the customer.
Tell all your friends about FEES FREE FRIDAY!”

Not every news story is connected to LibertyReserve downtime. Some admins keep their members updated just to remind them about the features and investment plans any particular program offers to investors. So the admin of SparkMetals Ashley in the latest weekend update reminded members about the investment plans offered by them – 2.5% for 120 days with principal back on expiry and 140% after 14 days. Except LibertyReserve SparkMetals also accepts PerfectMoney and AlertPay whose members were not affected by LR downtime in any way. More about SparkMetals can be read in my review published here or in the latest newsletter presented below:
“Hello. We wish to thank you all for joining SparkMetals and welcome all new members, as we work together in making SparkMetals a successful program. SparkMetals is now 24 days old and our membership base has continued to grow with confidence as well as upgrade.
Reasons why you should Join This Paying Program.
1. We offer individuals the opportunity to earn risk-free stable income in our profitable precious metal trading project
2. We pay our members 2.5% daily for 120 days (Principal Returned) withdrawal request is processed within minutes of requests. We have also added a new plan which pays 10% daily for 14 days (principal included) while cashout is at expiration. See FAQ for more details.
3. We pay our members 6% Referral commission directly to their SparkMetals account for every investor they refer to our project.
4. Compounding available.
5. Our site is much secured, we are hosted on a Staminus server with protection and support from Koddos, with a licensed goldcoder script.
Liberty Reserve is experiencing technical difficulties. This has been the major reason why we have been unable to process payment via liberty reserve users. All other payment processor payment have been processed and support tickets answered.
Once again, thank you all for your support and have a wonderful weekend with your families and friends.
Best Regards, Ashley Judd”.

The admin of the recently reviewed OrientProfit Barnett also didn’t waste any time in taking the opportunity to remind members about the investment plans offered by his program – 2.5% for 120 days with principal returned on expiry and 120% after 12 days. OrientProfit is still a very new program so the first payouts are yet to be processed. In daily plans the payments are processed quite fast to PerfectMoney and AlertPay and were processed also fast to LibertyReserve while the payment processor was available. Here is the latest news from OrientProfit the whole review of which you’re able to read clicking on this link:
“Hello. I wish to again welcome all our new members who have joined OrientProfit and more importantly thank those of our members with active upgrade for supporting our OrientProfit.
Our program is now 9 days old and our membership has continued to grow as well as upgrade. OrientProfit remains an honest and sustainable investment service provider paying its members in two investment plans.
The first plan pays 2.5% daily for 120 days (principal returned) daily cashout.
The second plan pays 10% daily for 12 days (principal included) cashout at expiry.
We also offer a 5% referral commission paid into your OrientProfit account.
Good stable plan for you but for you to earn, upgrade is required. Minimum Upgrade cost just $10.00 while the maximum upgrade cost $20000.
Here is what you have to do to benefit from OrientProfit.
Simply click on the link below and upgrade with minimum of $10 – OrientProfit.
All support tickets have been answered and all payment have been processed except for liberty reserve operators, this is as a result of maintenance being run by liberty reserve service provider. Liberty reserve payment will be made as soon the problem is rectified.
Thanks and have a blessed weekend.
Regards. Barnett Leon”.

Despite the fact that they’ve only been online since for a matter of weeks (about six weeks or so by now I think) one program that has continuously impressed me with a consistently well written, informed, insightful, yet always accessible and easy to read expose of the online economy and the wider offline macro economic issues that can dominate that world is ExoticFX. They’ve issued another update today which, at first glance to those not fully clued in to how ExoticFX works might not look all that relevant to the HYIP industry (or indeed until you study it a bit further even relevant to the program itself) it still proves to be a worthwhile read. Worthwhile if you are serious about joining what will most likely prove to be a tragically small number of people that can succeed in living self sufficient lives. People are intent on not just breaking but maybe altogether even avoiding the vicious and decreasing circles of recession, recovery, recession, and ultimately never going anywhere reality of life for too many people in the 21st century.
Enough is enough according to ExoticFX and its visionary manager Charles (interviewed here), it’s time for the shackles to come off. You can ponder most of the following newsletter from ExoticFX and ask yourself what it all has to do with you and your attempts to supplement your income online from the HYIP industry. The answer is, well, everything and nothing. The thing about this program is that while I always expected big things from them, the thing that’s really going to push them over the edge and once and for all establish them as one of the great internet based companies is their recent announcement that they are prepared to “hire” their some of their own investors – those up to a suitable standard and motivated enough to actually follow through with this – and turn them into sort of virtual apprentices where they can learn the ins and outs of online trading for themselves and make a real tangible difference in their lives. Not just throwing money at some anonymous online admins, crossing your fingers, and hoping for the best, ExoticFX offer the opportunity to get out there and start taking control of your own lives on your own terms. And I for one applaud that.
In the wider world of the general HYIP industry of course I also think this is hugely beneficial to all online players whether you are even a member of ExoticFX or not. Reason being I feel Charles and team can instil a sense of belief and confidence that’s been sorely lacking in the industry for far too long now. Something that others have singularly failed to do. More information on ExoticFX, which offers terms of 1% for 120 business days, 1.2% for 140 business days, 1.45% for 160 business days, 2% for 180 business days (principal back), 110% after 2 weeks, 125.6% after 4 weeks, 146.5% after 6 weeks, and 192% after 8 weeks can be found in my original review published here. This is the latest newsletter from ExoticFX:
“Following the Masses, Like Sheep to the Slaughter!
Every so often I take a trip to where I was raised to visit family and friends.
My relations there are all familiar with what I do for a living, so the conversations invariably turn to ‘Market talk.’ It certainly doesn’t bother me. Examining markets is not just my job — it’s my passion. So it’s always interesting to listen as they present me their opinions on stocks and currencies.
During my last trip home, I noticed something fascinating. All my friends and relatives were talking about the same thing. They were all thinking about buying stocks again!
But hang on … it gets even better …
When I got back home just a couple weeks ago, at Church all my friends were also talking about buying stocks for the first time since before the recession.
And honestly, their timing could not be worse…
Why the Masses Always Lose!
There is one thing I have learned for certain in all my years studying the markets … When “the masses” all are moving in the same direction, then they are all wrong together.
Why do I say this? Because the crowds always wait too long to make a move. They always wait for a long period of confirmation or strength before they feel comfortable taking any risk with their own money in the stock market.
They turn on their TVs and watch the financial news media talk about how stocks are going up. They read the releases of the self-proclaimed financial gurus over and over. And day after day they sit idle, waiting for the “perfect” moment to enter the market.
By the time the masses get past their fear and develop the confidence to enter the market once again, it is generally at the market top. (This is when the large professional investors are about to sell to claim their profits.)
This is exactly what’s about to happen now. We see and feel a major stock market correction coming very soon. Perhaps even a massive crash!
What I want to do is to share with you the Number ONE most substantial thing that will move stocks to their breaking point. It’s the same mechanism that should force stocks into a virtual freefall this very year.
… Oil prices.
Historically, the stock market will correct whenever oil prices rise to a certain point. Looking at the chart below you visibly see exactly what I am saying. (Oil prices are charted in blue and the S&P is reflected in red)
When Oil breaks $100, it is Too Much for Stocks to endure!
In this chart, I drew a black line at the $100 a barrel level. Once oil hit that level, stocks take a dive.
It’s not difficult at all to see why…
We Cannot Afford $100 Oil!
When oil prices rise, consumer goods, merchandise, well, everything just costs more to produce and transport.
Try to imagine the increased costs that FedEx and UPS must sustain when oil prices rise. Imagine the burden on giants like Wal-Mart with their vast system of 18-wheelers and the fuel cost they must pay to transport goods all over the country.
Now think about all the small businesses that are trying to keep their heads above water and maintain some level of profit. They are still in recovery mode from the last couple of turbulent years. When oil prices were at $33 a barrel, it lowered everyone’s fuel, production and shipping costs, and subsequently their overall expenses.
In less than two years, Oil prices have almost tripled. This has created a serious burden on everyone’s business through higher fuel costs.
Think about all the retail consumers who also have to pay more for fuel. They are just trying to live life and provide for their family’s every day needs. But with higher fuel costs they are spending $80 to $100 a week just to get to and from work and school (or up to $400 a month).
$100+ Oil Extracts Billions of Dollars Out of the Retail Market Each Month
Think about the “ripple effect.” When 100+ million U.S. workers have to take an extra $400 out of their paychecks each month just to pay for gas, it equates to billions of dollars less that is available to be spent in the retail market place for everything else.
So the “consumer driven” economy becomes almost stagnant as large corporations, small business owners, and even the retail consumer gets pounded by higher oil prices.
If oil prices remain at $100+ (and we are in a one year uptrend of almost 28%), it will put a huge deficit in consumer spending which could easily send us into another recession with the stocks freefalling to an all-time low.
Oil prices have mostly held above $100 a barrel for a month now. The chaos in the Middle East keeps causing oil prices to escalate. Unfortunately, it’s not just Libya either. Situations are heating up in Yemen, Oman, Syria, Bahrain, etc.
Oil making facilities have suffered damages from the wars. Many others have had to evacuate their oil workers for safety’s sake.
There doesn’t seem to be an easy solution to these problems, either. Even if the violence were to stop tomorrow … it would still be many months to a year before all oil production returned to normal.
So, let me ask you, what do you the think the chances are that oil prices will hold at these high levels for an extended period of time?
Personally, I feel they are about 99.9%!
So How Does This Affect Forex and Foreign Currencies?
Over the past two months as Oil prices have skyrocketed and held over the $100 a barrel mark, stocks in Japan, Europe and the U.S. have been suffering and all three of these countries are showing signs of weakness.
I believe this will certainly continue and is going to cause a severe stock correction and soon. When that happens, the currencies, like the Aussie dollar, that are sensitive to stock variances will also fall with the major stock indexes.
This is going to create some fantastic discounts in foreign currencies especially for trend following traders. Many of the traditionally strong currencies will be selling cheap.
So you need to be prepared to load up on foreign currencies at tremendous discounts when high priced oil punches the stock market square in the jaw.
If you’re buying and holding currencies for the long-run, the best thing you can do is invest in high-yielding currencies that will produce income as stocks continue to fall.
ExoticFX can assist you in developing a HIGH Monthly Interest and income strategy so you can benefit whether the market is up or down. You can diversify your portfolio and hedge yourself from the turmoil that is sure to follow.
Join ExoticFX today and protect your assets by diversifying outside your own currency.
It is not too late to protect yourself, your family and your very way of life.
At ExoticFX we strive to simplify the process by providing you with a Hands-off approach. We work diligently to research the Exotic currency pairs, stay on top of the Majors, determine the ETF trends and discover Emerging Market Opportunities. We participate in these markets every single day and provide you with a simple plug and play portal to this Multi-Billion dollar industry.
When you join ExoticFX you’ll immediately gain these five key advantages:
1. You earn a faster growing, independent income with less risk … with no need for day trading.
2. You can stay insulated from the Global debt crisis … and become diversified outside your own currency.
3. You’ll avoid costly errors and steep learning curves that reduce your confidence and can wipe out your bank balance.
4. You’ll enjoy a new financial status and confidence knowing strict risk management is used to maximize profits.
5. And you’ll get back in control of your money, minus costly brokers … and their profit-grabbing commissions.
ExoticFX could very well be your number one best chance to profit in 2011 and beyond.
Join ExoticFX Today and insulate yourself from this looming Global Financial disaster.
It couldn’t be simpler.
ExoticFX – More Than Just Profits!
A Private Asset Haven!
Revolutionary! Simple! Secure!”

Today I suddenly received a reply from the admin of InvestPlatforms that has been put to Problem status on MNO during the last couple of days. He told me that my account was credited with the missed interest which was not calculated properly for the last days. Unfortunately, I can’t move InvestPlatforms back to Paying status in MNO until the payout is actually processed and (most importantly!) until I receive a confirmation from my referrals that they were paid too. Due to obvious current issues with LR the payments in InvestPlatforms will take longer, but it’s really what has to be done by them as soon as possible if they want to at least create the appearance of their program being on the road to recovery.

Two new programs have been added to my monitor tonight. The first one is a brand new program called DreamRoi which was launched yesterday. Due to obvious issues with LibertyReserve currently you can only invest with PerfectMoney and AlertPay in the short-term plans offered by the program: 105%-129% after 1 day, 11%-174% after 2 days, 118%-199% after 3 days, and 300%-1900% after 29 days. The minimum to invest is $10 and basically the more you invest the higher profit you get. Withdrawals are promised to be paid instantly to all the payment processors and I will be able to confirm it tomorrow after I hope to get my first payment from the one day plan. DreamRoi is running off a licensed GoldCoders script and is hosted on a dedicated server by Dragonara which provides DDoS protection for the program. I hope to get into more details for DreamRoi in the upcoming review which I plan to publish on MNO tomorrow.

The second program which I have added to Premium listing today is called RebelFunds. Unlike the previous program RebelFunds which was launched just a couple of days ago is a low-ROI long-term program offering returns of 2.1%-2.7% for 50 days with the principal returned on expiry. Your potential earnins will depend on the amount you deposit with the program which can start from $5 and via LibertyReserve, PerfectMoney, GlobalDigitalPay and AlertPay. The program is based on an interesting script which looks like some kind of modified version of Neversay and is hosted on a dedicated DDoS protected server by BlackLotus. RebelFunds also features SSL encryption for secure transactions in your account. More on that in my coming review.

For the last 48 hours despite of LR downtime I was still paid to different payment processors by the following programs:
GulfReserve, ImperialFund, EurexTrade, GorgonProjectInvest, SiliconValleyGroup, ExtraIncome, FundOfProfit, PermanentProfit, MidasGoldFund, OilCapital, ExoticFX, DenXon and ReProFinance.

That’s about it for today everyone. Just remember to enjoy the weekend and don’t forget to tune in again tomorrow for more news and views from around the industry. See you all then!