Oil Speculators Under Fire

Oil Speculators Under Fire


Policy makers on both sides of the Atlantic launched an effort to crack down on what they called speculation in oil markets. The CFTC said it is considering tougher regulation of oil-futures markets and the U.K.’s Brown and France’s Sarkozy are calling for international action to curb volatility.

Gold and Silver Coin Sales Explode

according to the Wall street Journal the Sales of gold and silver bullion coins surged sharply in the first half of 2009, when dealers were citing strong physical demand amid worries about other investments.Bullion coins are meant to protect investors portfolio against a coming inflation , the crash of the dollar under the pressure of printing presses of the Federal Reserve which have been rolling ar full speed lately
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Bob Chapman on Power Hour 06 July 2009

Bob Chapman is back from vacation , the topics he touches today is California being broke and issuing IOUs the illegal aliens problem in Cali , a state that is used to spend like there is no tomorrow , the USA Russia tense relations despite the appearances , India joining the countries calling for an alternative to the dollar , and BOB Chapman explains how it is difficult for these countries Russia China India Brazil to get out of the dollar because they have devaluated their own currencies in order to export to the American market while building during the years large amounts of US dollars reserves in the trillions so in deep these countries do not want the dollar to collapse because this will mean a collapse of their savings as well , Cynthia McKinney imprisoned in Israel for trying to bring help to Gaza ......and as always Bob Chapman will talk about the gold silver prices stocks wall street and much much more

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