Bob Chapman - The FED started QE3 - The Power Hour - Nov 28, 2011

Bob Chapman - The Power Hour - November 28, 2011 : six weeks ago in this program I broke the information that QE3 was going to start in the next couple of months and how are they going to do it , the federal Reserve is going to create more money and credit and and zip over to brokerage firms and and the banks and insurance companies and buy a bunch of bonds which contain mortgages that are practically worthless ....

Bob Chapman : The Power Hour 01 Aug 2011

Bob Chapman : what this was really all about was the cutting of social security and medicare , now we have to see how much they will cut there , once the foot is in the door it will continue ... probably 75 percent of the people in America that are over 62 are living on social security if the husband and wife are still alive it probably runs around $2200 a month and of course when you lose one spouse it falls , try living on that ! on top of that the cuts that are going to come on medicare we do not know what they are , probably the cost of medicare will go up ...it's a hundred percent of nothing we are talking about a trillion here and a trillion there it's chicken feed , we have deficit as far as the eye can see of about 1.7 trillion dollars a year , they have not cut anything they are not going to cut anything except the things they are wanting to get rid of , and they were probably forced to cut defense spending ...the people on social security are not going to be able to buy the medicines that they need and AND WE GOING TO HAVE DEATH PANELS THEY ARE GOING TO TELL YOU TO GO HOME AND DIE (BECAUSE THEY DO NOT WANT TO SPEND MILLIONS ON YOU )

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