Monday, June 20, 2011

Bob Chapman - The Power Hour - June 20. 2011

Bob Chapman : The Stock Market may not rebound , the market has been kept at its current level by QE1 and QE2 and stimulus 1 and 2 otherwise it will be lower , there will be no stimulus 3 because the congress is going through the motion supposedly of austerity cutting things , but the FED will be purchasing treasury paper otherwise there is nobody else to do that , the market will probably go lower , if you are in the market the value of your portfolio will drop by around 20 percent , the longer term in the stocks is down the longer term in gold and silver is up , the shorter term in the Dollar is up says bob Chapman of the International forecaster


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