Bob Chapman - Discount Gold Silver Trading 1st July 2011
Bob Chapman : ...Monday is a Holiday and so is your government they started early at 2 o'clock this morning bombarding Gold and Silver says Bob Chapman of the International Forecaster because they knew the market is going to be very thin and they wanted to and they wanted to get a head start into the US market , in Monday it will probably move higher on the Asian and European markets and then on Tuesday it will move back up again (when the American market reopens) what we are looking at here is deliberate manipulation of the market and the IMF allows them to carry the gold and the box as if they still have it ( the banks ) so every gold position by a central bank could be bogus because we do not know what was leased and sold , China and Russia do not report their position to the IMF or anybody else , when they want to they report to the public ....the big hitters in the Gold market are china Russia India Iran Brazil and even Mexico , in Silver where the silver ETF SLV has a record short position that has to be covered sooner or later and when that happen it will be very bullish for silver , the market manipulators know that they cannot win the war they only can win battles says Bob Chapman , Gold is worth $8000 dollars an ounce right now and Silver around 350 to 400 dollars based on inflation alone and those are conservative figures , what will happen inflation will continue to rise not the official inflation , the unofficial inflation and we will see 14 percent this year it is around 10 and half right now ...there will be a QE3 but they won't call it that says Bob Chapman , the Tea party was co opted by the neo-cons , the game is over says Bob Chapman ,
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