Daily Report

MasterCard, one of the largest electronic payments network said it will lose more than half of a $59 billion portfolio of U.S. debit card users after JP Morgan Chase & Co. switched to Visa Inc.,

Master Card collects fees to process payments between banks and merchants, held the portfolio since 2005, said the people, who declined to be identified because the switch hasn’t been officially announced. The customers had checking accounts at Seattle-based Washington Mutual Inc. until JPMorgan bought assets of the failed lender last year, the people said. Bidding for the accounts began in October, the people said.

Great play on NGHI over the last few weeks.

I have been doing some DD on a monster gold deal out of Montana. Will keep you updated

As summer comes the market becomes very thin. I would think you might want to consider to adding to cash for opportunity this fall or late summer


Cheers