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The 2011 MUFON Symposium in Irvine, CA featured a number of well known speakers in the UFO circuit. One of the most intriguing was Joseph McMoneagle. McMoneagle served in the United States Army and was eventually recruited for a start-up program designed to test whether psi could be utilized for intelligence purposes. The project continued for a number of years until it was finally closed in 1995.
McMoneagle took the stage and offered fascinating tales regarding his inadvertent remote viewing of a UFO, his thoughts on extraterrestrial contact, and even some advice on where SETI should be listening in our galaxy. At the conclusion of his lecture, he took questions from the audience. One audience member asked if it was possible to utilize remote viewing to make money on the stock market. His reply was that not only was it possible, but he and a group of others at Stanford Research Institute had already done it. One of the scientists at SRI, Russel Targ, said,
"In 1982, nine remote viewing forecasts were made four days in advance for changes in the price of silver futures on the COMEX commodity exchange, and all nine were correct."
The viewings made a profit of $120,000. When asked why they quit when it was clearly successful, McMoneagle said the investor pulled out because, while the viewers were correct nine out of nine times, he did not think they could be right 10 out of 10 times.
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