Friday, July 30, 2010

Profiting From the Oil Spill

FBN's Gerri Willis on the industries and companies that are benefiting from BP's oil spill and the cleanup.

Bob Chapman - The Alex Jones show 30/07/10

Alex Jones talks with regular guest, Bob Chapman of the International Forecaster.




Mr. Robert Chapman also known as The International Forecaster is a 74 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.
Bob Chapman : you got to remove these people from the government
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.

John Stadtmiller - July 27 2010- Robby Noel, Bob Chapman- Roundtable


John Stadtmiller - July 27 2010- Robby Noel, Bob Chapman- Roundtable

John hosts a weekly financial round table with Robby Noel and Bob Chapman. Some have said this is the best two hours in radio.

Highlights:

6:22
Bob mentioned the Fed using fronts to buy treasury paper in the Cayman Islands and other areas...Countries that don't have money are buying outrageous amounts of treasury and England being one of them. The amount of treasuries being sold, are about double the amount of money that the administration needs.

Money created out of thin air being secretly funneled to like the Bank of England and other Central Banks. Bob thinks the injection of capitol will continue into the market. But members of Congress are reluctant to authorize another stimulus program between now and the election.

The Fed is going to create the greater part of the money out of thin air by the method Bob described, but the domestic economy will be fed from a different source. When the bank borrowed a lot of money from the Fed
at zero % interest...and then took the money and redeposited it at the Fed (book keeping entries) and they were being paid 2% for doing that.

The money that is in there is in a form that is not spent, just sitting there. Many of the banks are using this money to show that they are 'healthy'.  Bob thinks the Fed will stop paying interest on it...which is pure profit from the pockets of American taxpayers to try to help to make these banks solvent again. In the absence of stimulus...the banks are going to be lending to small businesses and could take unemployment from 22% down to 20%. It will also cause enormous inflation. It will "cost" 5 trillion dollars over the next to years...to'jack up' the economy.

12:28
John asks what are the businesses going to use the money for since the customers are not there. Bob gives some answers...and added that they are "not ready to pull the plug yet".

18:25
Robby mentioned that the CBO came out after the market closed and said the the U.S. long term debt situation was one of the world's worst and that by 2030 the debt will double to 146% of the GDP.

22:19
Robby answers caller's questions about the new 1099 reporting requirements on $600. Bob said there is legislation that might repeal it. Caller asks questions about the E.U.

31:17
John asks Bob what are the 20 countries on the verge and could go under....the number is really 22.

47:52
The neocons have taken over the Tea Party along with Sarah Palin and now they say "We are here for Israel" . John mentions what one congresswoman said about Israel.

More callers, comments, news and commentary. Good information this week..
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John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.

John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
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RBN has some of the best informative shows out there. Their archives are only $1.33 per month. I suggest supporting them and then you don't have to wait for their shows to be uploaded here.

Gulf oil spill exaggerated ?

BP says it has plugged the oil well in the Gulf of Mexico, but the controversy continues. There's a heated debate over just how bad the spill will affect the environment. Some scientists believe the aftermath will be felt for decades, while others say the oil's already rapidly dispersing. Michael Grunwald from Time Magazine says the problem's being exaggerated.

Agnico-Eagle Sean Boyd : Gold Not in Bubble. Could Hit $1,260 in 2010

July 29 (Bloomberg) -- Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd talks with Bloomberg's Lori Rothman about the outlook for gold. He said he "wouldn't write gold off yet" and that it could be trading at about $1,260 by the year's end. (Source: Bloomberg)

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