Friday, June 12, 2009

Foreclosure numbers Explode in Michogan

Losing your home? Do something about it

In Michigan, one in every 326 homes is in foreclosure. On Thursday night, Grand Rapids-area residents had the chance to tell their stories and find help at a Wealthy Theater meeting.

Bob Chapman on The Alex Jones Show The Great Bank Heist of 2009

WHO IS BOB CHAPMAN? The International Forecaster
Mr. Chapman is 72 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.

From 1962 through 1976 he specialized in South African gold shares. He and his family lived in Salisbury, Rhodesia (now Harare, Zimbabwe) and Johannesburg, South Africa from 1970 to 1973. During that time he did a great deal of further study into the South African mining industry.

Mr. Chapman belonged to The Traders Association for 25 years. He did all his own trading. During his South African years some was done directly through Johannesburg, but 95% was done through London brokerage firms. Hence, he has extensive contacts, both in London and on the Continent.

Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.

In 1976, after the Soweto riots, Mr. Chapman began buying North American shares exclusively for his clients. Up to that point only a handful of American and Canadian issues interested him, due to the high dividends the South African shares had paid out over the years. Between 1976 and 1988 his business surged from 1,000 to 6,000 clients, so the bulk of his business ended up being Vancouver Stock Exchange issues. For this reason he is very conversant with the quality of management, geologists, properties and traders on todays North American scene. He is well known.

From 1976 to present he has spoke and given workshops at over 200 business conferences worldwide, and has been on radio and TV hundreds of times. Until his retirement he was always judged by the attendees to be one of the top three speakers and never once was lower than first in workshops due to his vast knowledge of the mining business and his grasp of worldwide financial markets and political scenes.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.

Learn Forex Trading Online- How to Trade Currencies

Up until quite recently only large banks and financial institutions were able to trade in the Forex market. Today, anyone with an Internet connection and a modest amount of capital can trade currencies from their home or office.

You can make a rough comparison between the behavior of the different currency pairs in the foreign exchange and the price movements of stocks. As the economies of countries around the world fluctuate, so do their currencies. The astute trader can take advantage of these fluctuations and make a profit by accurately projecting the direction in which they're heading.

Unlike the stock market, the FX is active twenty-four hours a day, five-and-a-half days a week.

Free Trading Platforms and Free Forex Software for Forex Trading Online

Most Forex brokers offer free Forex trading platforms that you can download and watch as the prices change in real time. Some of these platforms even include rather sophisticated software. Comparable software for trading stocks and commodities was sold for hundreds of dollars in the past

If you're not familiar with the Forex you can begin to learn how to trade currency online for little or no money. Most people start with a demo account so they can get a sense of trading without risking real money.

You can even begin your Forex education by searching the Internet for free trading information and, if you feel it's something you want to learn more about, there are plenty of eBooks and software you can buy before you risk any of your money trading.

The Forex market has been around for a long time and is not going anywhere, so there is no rush to gain a proper eduction before actually trading. You will be trading against some of the sharpest minds in the world. In order to be successful you must be prepared.

Some Forex traders trade the news, some base their trades on technical analysis, and others speculate based on a combination of the two. Some Forex firms will help new traders learn Forex trading online by offering free demos, courses, and news feeds along with their quotes.

How Much Money Do You Need to Trade the Forex?

Once you have a basic understanding of the market, a trading strategy and a money management plan, you can begin to trade with as little as several hundred dollars. It's not unusual to feel a bit uncomfortable at first, but within a few months you might feel like you're an old pro at trading.

Although it's possible to earn a lot of money trading the Forex you will have to risk your capital to make it happen.
Most professional traders recommend that when you first start trading you trade for minimal amounts of money. And, whatever your level of expertise, they'd stress that you risk a very small percentage of your capital on any given trade. Five percent is considered a large percentage. Many individual professional traders risk approximately two percent or less of their available trading capital per trade.

Next, for a very affordable beginners course, take a look at 10 Minute Forex Wealth Builder Review. And go to

Daily Gold market analysis using Ichimoku charts for June 10th 2009

Daily Gold market analysis using Ichimoku charts

FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009

Inter-market correlation pointed to a rally on the EUR/USD currency pair during the first 30 minutes of today's US equity market session. The rally broke a downtrend line, and a conservative long trade entry came in the form of a re-test of that former source of resistance. A 60-pip profit was the reward for those who closed the trade after the euro stalled near a psychological level as the London close approached. Those who held the trade through today's 30-year Treasury bond auction, then cashed out at the daily M4 pivot point, earned a greater prize of 120 pips.

Oil Price heads to $80 as Global Demand for Crude Oil Soars

The international energy Agency raised its forecast for global demand of crude oil , IEA says it sees signs the Recession is bottoming out
CBA's Moore expects oil prices to head to $80 a barrel over 2010.

Housing bubble a lot of Trouble !!!

Mortgage : A musical commentary on the current real estate situation in America
Tags : real estate housing bubble interest rates economy foreclosures remortgage real estate economy finance stock market liquidity speculative ARM

Bob Chapman the delinquency rate for bank-issued credit cards rose 11 percent

Financial Bailout Plan Keeps Zombie Banks Alive


Bob Chapman
International Forecaster
June 12, 2009
the following are a couple of snapshots from Bob Chapman's Newsletter
The biggest price swings in Treasury bonds this year are undermining Federal Reserve Chairman Ben S. Bernanke’s efforts to cap consumer borrowing rates and pull the economy out of the worst recession in five decades.

The yield on the benchmark 10-year Treasury note rose to 3.90 percent last week as volatility in government bonds hit a six-month high, according to Merrill Lynch & Co.’s MOVE Index of options prices. Thirty-year fixed-rate mortgages jumped to 5.45 percent from as low as 4.85 percent in April, according to Bankrate.com in North Palm Beach, Florida. Costs for homebuyers are now higher than in December.

Read Enrire Article here

Gold Declines as The U.S. Dollar Rises , Golden Opportunities NOW

The Strong dollar puts pressure on Gold , other precious metals drop to , Gold is seen as a safe heaven against the dollar fluctuations and the fear of inflation besides the increased liquidity in the system, Gold sells at around $950 this morning . a stronger dollar reduced demand for the metal as an alternative investment ...there are certainly a set of factors behind this drop of gold ...China has been lately stock piling in gold , which has reduced the availability of gold on the market , jewelry demand is soaring particularly out of India which is a big market for gold jewelry











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