Sunday, June 21, 2009

Bob Chapman on Obama's Financial Overhaul Plan

Bob Chapman on Erskine Overnight 20 June 2009
Bob Chapman The International forecaster says we got to get rid of the FED hopefully RON Paul's bill will pass soon , he then touches several topics such as GOLD and Silver prices on which he is a renown expert , the Real estate Market the dozens of neighborhoods that the government wants to bulldozer , the housing market won't stand on its feet before 2012 says Bob Chapman houses prices are likely to drop by a 40% ..., Inflation the credit crisis , credit cards default on the rise credit cards companies will continue their losses , the Unemployment , we will see higher interest rates probably around 6% ..this will create inflation...food prices are going up , food will become scarcer ...price inflation on food is around 12% ..China is headed for a certain collapse , US and China are both on the ride for a Revolution says Bob Chapman ...all G20 countries stimulus packages are working temporarily then inflation will hit them all , especially China which is totally dependent on American Imports Many countries will see Revolutions...this is no more a capitalist system , no more free market , the FED and US treasury manipulate every single market in the world , they want gold and silver prices to go down ...

Saturday, June 20, 2009

Bob Chapman on Alex Jones Tv End of A Republic

Bob Chapman is back to the Alex Jones TV as every Friday the topics range from the Obama announced new Federal Reserve dictatorship , the Ron Paul Audit the FED Bill in the Congress , the FED becoming a monster money Tsar , the establishment of a banking dictatorship , the control of the economy and money , Obama regulatory reform plan , the banks who caused the crisis will become the watch dogs over the economy and the market , the private offshore banks getting away of billions of bailouts , Bob says they will probably set up currency control or ban the cash and introduce some kind of chips for digital money ...Unemployment numbers exploding the housing market crashing ...
Bob Chapman is an ex intelligent officer formerly based in Germany a silver and gold trader and has a newsletter called the International Forecaster

Friday, June 19, 2009

How High Gold can go ?

Gold Gains on Weak Dollar , Silver Declines, Platinum Advances :
today Gold rose in New York as the dollar weakened, boosting demand for precious metals as hedge against Inflation . Gold rose to $935.25 in the afternoon still not reaching the $1,032.70 record of March 2008. Gold typically moves inversely to the U.S. dollar so expectations for the dollar of a strengthening dollar in the coming weeks are likely to cap gains in Gold. Silver fell to $14.20 an ounce in New York , Platinum rose to $246.15 an ounce , Palladium gained 1 percent to a record 319,451 ounces yesterday,













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