Bob Chapman : They will use the Oil spill to pass The cap and trade

Bob Chapman on Discount Gold and Silver Trading 16 June 2010

Extract from the International Forecaster of 16 June 2010:"Our fiat currency (paper or digital “money” without gold or silver backing that is intrinsically worthless) was originally promoted as a device by means of which “liquidity” could be managed by the government and/or Federal Reserve. The object was to avoid slumps in the business cycle and increase the efficiency of our economy. That rationale sounds great, but the consequence of being able to spin an endless supply of fiat dollars into circulation has been the creation of a governmental and private debt that’s too great to ever be repaid. Increased monetary efficiency has increased our vulnerability to an economic collapse. "



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.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt