Johm Stadtmiller and Bob Chapman, Intel Report .There is no doubt that national paper currencies are collapsing.It is a good idea to put some of your savings into both gold and silver. Most folk lack the information required to make a sound decision on buying Gold, You cannot afford to let this happen to you!
Bob Chapman wrote in the International Forecaster of the 27th November 2010 :"...If QE2 is terminated at $600 billion watch out, because the economy will head straight into a great dark pit. All the numbers we see are signaling a strong need for more than $600 billion...."
Showing posts with label QE2. Show all posts
Showing posts with label QE2. Show all posts
Wednesday, December 1, 2010
Tuesday, November 23, 2010
The Bottom 20% of America is in for a Cold, Hungry Winter
Some Economists are reporting that QE2 will top 1 Trillion Dollars. We are already seeing the effects of this unprecedented money printing in the price of Gold and Silver. With commodities surging expect food and energy to surge this winter. The lower middle income earners spend a higher percentage of their incomes on these basic items. Inflation and Hyperinflation will effect these individuals the most.
Sunday, November 14, 2010
Monetary Stalemate: Quantitative Easing Wont Work
by Bob Chapman via http://www.globalresearch.ca/index.php?context=va&aid=21893
Mr. B
ernanke is trying to avoid the Japanese experience of the past 20 years. Underlying deflation is being offset again, as it has been for the past eight years, by creating more money and credit. The only one lose to our prediction of mid-May of $5 trillion over two years is Keynesian economist Paul Krugman. He said the Fed would need $6 trillion. The Republicans seized the House and all that has really been accomplished is gridlock, the end of stimulus and a cut of perhaps $100 billion in debt.
Mr. Bernanke’s new round of debt buying has upset nations worldwide, yields in the US fell and the stock market rose, as did gold, silver and commodities.
The elections saw about 100 seats change hands. The Republicans now control the House and the Democrats the Senate. An unfortunate result because little can be accomplished at a time when the American economy and financial structure is in upheaval. Congress has to deal with criminal mortgage and bond fraud on a massive scale as the banks and Wall Street attempt to stay out of jail. America needs experienced evenhanded leadership and except for Ron Paul none is in sight. Still prevalent behind the scenes is the sea of bureaucrats from both parties that want world government and they are not going to disappear anytime soon. The rot is still controlling the system and we look for it to get progressively worse. Still, too many Americans have not awakened from their slumber. Banking reform is out of the question. There are still too many members of the House and Senate who have been totally compromised over the last 30 years. They would never vote for real bank reform or terminating the Federal Reserve. Democrats who voted for the house bill all knew votes would change when the Senate handled their side of the vote.
read more >>>>
Mr. B
ernanke is trying to avoid the Japanese experience of the past 20 years. Underlying deflation is being offset again, as it has been for the past eight years, by creating more money and credit. The only one lose to our prediction of mid-May of $5 trillion over two years is Keynesian economist Paul Krugman. He said the Fed would need $6 trillion. The Republicans seized the House and all that has really been accomplished is gridlock, the end of stimulus and a cut of perhaps $100 billion in debt.Mr. Bernanke’s new round of debt buying has upset nations worldwide, yields in the US fell and the stock market rose, as did gold, silver and commodities.
The elections saw about 100 seats change hands. The Republicans now control the House and the Democrats the Senate. An unfortunate result because little can be accomplished at a time when the American economy and financial structure is in upheaval. Congress has to deal with criminal mortgage and bond fraud on a massive scale as the banks and Wall Street attempt to stay out of jail. America needs experienced evenhanded leadership and except for Ron Paul none is in sight. Still prevalent behind the scenes is the sea of bureaucrats from both parties that want world government and they are not going to disappear anytime soon. The rot is still controlling the system and we look for it to get progressively worse. Still, too many Americans have not awakened from their slumber. Banking reform is out of the question. There are still too many members of the House and Senate who have been totally compromised over the last 30 years. They would never vote for real bank reform or terminating the Federal Reserve. Democrats who voted for the house bill all knew votes would change when the Senate handled their side of the vote.
read more >>>>
Thursday, November 4, 2010
Bob Chapman on Discount Gold and Silver Trading Mon 03 Nov 2010
Bob Chapman on Discount Gold and Silver Trading Mon 03 Nov 2010
Bob Chapman wrote in tgheInternational Forecaster of November 3rd 2010 ..."..Financial operations conducted by government and a privately owned Federal Reserve leads to the extended creation of money and credit exceeding revenues. That leads to inflation, perhaps hyperinflation, and some times eventually deflationary depression. This is especially true when currency is not backed by gold. Having a Federal Reserve makes sound money even more difficult, because it can create endless amounts of money and credit as we have witnessed since August 15, 1971. What the banks and the Federal Reserve have done is use the fractional banking system to steal and expropriate the wealth of dollar owners. Such a system by its very nature is unsound. There is no such thing as full faith and credit, because it is not worth the paper it is written on, whether it is issued by a Federal Reserve or by a government, especially if it’s fiat or unbacked by something such as gold. This money leads to servitude because as it carries less value perpetually and the discovery leads to war and totalitarian government...."
read more >>>>
Bob Chapman wrote in tgheInternational Forecaster of November 3rd 2010 ..."..Financial operations conducted by government and a privately owned Federal Reserve leads to the extended creation of money and credit exceeding revenues. That leads to inflation, perhaps hyperinflation, and some times eventually deflationary depression. This is especially true when currency is not backed by gold. Having a Federal Reserve makes sound money even more difficult, because it can create endless amounts of money and credit as we have witnessed since August 15, 1971. What the banks and the Federal Reserve have done is use the fractional banking system to steal and expropriate the wealth of dollar owners. Such a system by its very nature is unsound. There is no such thing as full faith and credit, because it is not worth the paper it is written on, whether it is issued by a Federal Reserve or by a government, especially if it’s fiat or unbacked by something such as gold. This money leads to servitude because as it carries less value perpetually and the discovery leads to war and totalitarian government...."
read more >>>>
Saturday, October 30, 2010
GOLD and QE2
Joseph Foster, a portfolio manager at Van Eck Associates in New York, talks about the potential impact of the Federal Reserve's quantitative easing on the gold market.
speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for gold stocks and investment strategy. (Source: Bloomberg)
speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for gold stocks and investment strategy. (Source: Bloomberg)
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