Friday, September 16, 2011
Europe default may send Gold to $6000/oz
CNBC is now reporting that Gold may top $6000 an ounce along with silver at $600/oz in the near future caused by the banks failures and the default that are on the horizon in Europe , investment capital will continue to flock into safe heaven assets like gold and silver if these banks continue to default
Bob Chapman - De Deagle Show - Sept 16 2011
Bob Chapman : My prophecy of two years ago that Greece would and should go under is coming true , would that be next month of September when they will have their meeting I do not know would it be next month I do not know I just know it is going to happen , do what you are supposed to do to get ready for it this is going to be far worse than what we saw three years ago during the credit crisis and then the crisis that will come after that in New York City and London is going to be even worse because you got all these money market funds and the pension funds they have been buying bonds in these nations that are in trouble Greece Portugal Ireland etc....reaching for yields reaching for interest income
Bob Chapman - The Sovereign Economist 15 September 2011
Bob Chapman : this is the beginning of the end , how long would it take , 3 or 4 years may be , but it is going to come they are going to destroy society they are going to make the third world countries stronger and the first world countries weaker so that they can force them on their knees to accept a world government and that's what all this is all about ....
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David Morgan : we may see some softness in Gold before we see strength
David Morgan : we broke out of a traditional triangle pattern , I get emails saying that technical analysis does not work , first of all technical analysis dopes work some of the time , it is a tool but it is helpful , and we broke through the bottom side of this symmetrical triangle which normally is bearish for gold and as I said few weeks ago there is gap at the 1670 level I am not rolling that out longer term , I still believe that we are still going to see a a bit of a tough sliding for gold
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Bob Chapman : they are getting ready to steal the IRAs and 401Ks
Bob Chapman - FREEDOMIZER RADIO - September 13, 2011
Bob Chapman : they are getting ready to take the IRAs and 401Ks they are going to stick it to the old people and the people who have been saving who are not old , and I have been telling people for two years and a half 'get out' they are going to steal what's you've got and that's what they are afterthey are going to chop it up the social security as well , it is a murder absolute murder , these people who are living on social security they do not have money to live they do not have money to pay for prescription drugs , they are going to die .....
Bob Chapman - A Marines Disquisition - 14 Sept 2011
Bob Chapman : the FIAT currencies are being devalued and Gold and Silver are being re-valued we do have the United States government in the market from time to time manipulating it but gold and silver always come back , so if they manipulate it down it gives you a chance to buy cheaper , this has been going on for a long time , once the price of gold and silver break out the gains will be monumental and it is going to happen absolutely no question , we have seen in 11 and a half years one of the biggest bull markets in history and we are not through yet we got another 5 to 10 years to go and so if you want your money safe that's where you put it ....the very essence of gold and silver related assets is that in deflation you hold your value and in inflation through the appreciation of those metals you retain your wealth , retaining whatever wealth you have is all what this is about if you worked your whole life and you are worth ten million dollars then you do not want to lose it to inflation or something else and so that's the ay you do it and it has been going on for centuries , nothing new
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