Saturday, November 19, 2011

Bob Chapman on the MF Global debacle

Bob Chapman on the MF Global debacle : Bob Chapman reveals that he is getting over a thousand emails a day regarding what happened to Gerald Celente with MF Global , commodity account is done by contracts , the contract is not worth the paper it is written on says bob Chapman , and the reason for that is that COMEX likes to screw everybody it's as simple as that he added , and the CME which owns the COMEX likes to do the same thing , and they change the rules all the time , and so you have no protection in the commodity market whatsoever and anybody in there should know that ... I have told people for years never to use margins under any circumstances , well some people do and unfortunatly sometimes they'll regret it .....

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