U.S. Foreclosure Filings Surpass 300,000 for 11th Month

Feb. 11 (Bloomberg) -- U.S. foreclosure filings rose 15 percent in January from a year earlier and exceeded 300,000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, RealtyTrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)

Mortgage Investment, Industrial REIT Stocks

Thursday Midday Sector Laggards: Mortgage Investment, Industrial REIT Stocks

In midday trading Thursday, Mortgage Investment shares were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Hatteras Financial (HTS), off about 4.4% and shares of Brt Realty Trust (BRT) off about 4.2% on the day.

Stocks Soar on Greece Bailout and Jobless Claims falling

Stocks in U.S. Advance on EU Pledge to Help Greece

Feb. 11 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose to the highest level in a week after European leaders pledged to aid Greece and Philip Morris International Inc. announced a $12 billion share buyback. (Source: Bloomberg)

Scrap Gold Ohio Gold and Silver Refinery on CBS

Ohio Gold and Silver Refinery Thurs. Morning Interview for 02/11/10

Scrap Gold Ohio Gold and Silver Refinery on CBS

Ohio Gold and Silver Refinery Thurs. Morning Interview for 02/11/10

Richard Branson : The Oil crisis could be as bad as The financial crisis

Oil crisis could be as bad as financial crisis

The world is hurtling towards an oil crunch which will be as bad as the financial crisis unless urgent action is taken. That's the warning from business leaders in London, including Sir Richard Branson

China Oil Copper Demand Rise in Second Half

Feb. 11 (Bloomberg) -- Colin Fenton, chief executive officer of Curium Capital Advisors LLC, talks with Bloomberg's Betty Liu about factors affecting energy and metals markets, including China's demand for oil and copper. (Source: Bloomberg)

Bob Chapman After Greece Chaos wars totalitarian regimes and World Government , everything was carefully planed

Bob Chapman The International Forecaster is back on The Sovereign Economist to discuss the world economy , financial forecast and politics , In particular Bob Chapman will discuss the Greece bailout , why and how , Bob in particular points out that Greece was not brought on its knees by chance it is planed by very smart elite who know what they are doing , Greece is just the first domino , their goal is to bring the world into chaos and wars so that totalitarian regimes will take over and pave the way for a world government where everybody becomes a slave for the elite ....

Mr. 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.

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..

The Inflationary Depression By Bob Chapman

The Inflationary Depression

By Bob Chapman

February 10, 2010 "International Forecaster" -- The inflationary depression still dominates and probably will continue to do so. In time the stimulus will fail to work and the world will slip into total insolvency and deflationary depression. The old M3 is about 3%, but we still have $23.7 trillion floating around. Not only is the US bankrupt, but also so is the rest of the world. It is now only a question of when the dominos will fall. It looks like the first wave in the collapse of the bear market rally is underway. Bonds will follow with higher interest rates and eventually commodities will be hit. Only gold and silver will survive, as the bankers and Wall Street complete their destruction of the world economy.

Holding currencies is also a loser. Eventually the best will fall to gold and silver. There is no possibility that quantitative easing can be curtailed and that means debt will continue to grow exponentially. By way of example in 2007 public debt as a percentage of GDP was 62% and this year it will be 94%; in England 44% to 82%; in the G-20 62% to 85%; in Europe an average of 63% to 85%, excepting Italy at 104% to 120%, and in Japan 188% to 227%. Over the next two years some of these nations are going to default, never mind Ireland, Greece, Portugal, Spain and Eastern Baltic Europe, which are well on the way to being basket cases. Due to current economic conditions these nations cannot generate revenue sufficient to even pay the service on the debt. Revenues are off 11% in the US and they are headed lower. In the President’s budget $100 billion is earmarked for incentives for job creation and $25 billion for the states that are generally incapable of even paying unemployment compensation. Forty states are on the edge of bankruptcy. The President wants to double the aid to education in a totally failed system. Governmental debt is growing at a rate of more than 20%. Then we can pencil in the bailout programs and the bankruptcy of Fannie Mae, Freddie Mac, Ginnie Mae, FHA, AIG and GM. The 19 major banks are still insolvent. They are all keeping two sets of books and mark-to- model, not to market. That means their assets are worth what they say they are. The collapse of the credit crisis is still underway. All the kings’ horses and all the kings’ men cannot put America back together again.
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