Bob Chapman on Erskine Overnight 20 June 2009
Bob Chapman The International forecaster says we got to get rid of the FED hopefully RON Paul's bill will pass soon , he then touches several topics such as GOLD and Silver prices on which he is a renown expert , the Real estate Market the dozens of neighborhoods that the government wants to bulldozer , the housing market won't stand on its feet before 2012 says Bob Chapman houses prices are likely to drop by a 40% ..., Inflation the credit crisis , credit cards default on the rise credit cards companies will continue their losses , the Unemployment , we will see higher interest rates probably around 6% ..this will create inflation...food prices are going up , food will become scarcer ...price inflation on food is around 12% ..China is headed for a certain collapse , US and China are both on the ride for a Revolution says Bob Chapman ...all G20 countries stimulus packages are working temporarily then inflation will hit them all , especially China which is totally dependent on American Imports Many countries will see Revolutions...this is no more a capitalist system , no more free market , the FED and US treasury manipulate every single market in the world , they want gold and silver prices to go down ...
No comments:
Post a Comment