The Whole System is coming Down says Bob Chapman

The Dow is below 10000 , gold is rising up again , The PIIGs are dring the Euro zone and the Euro down the tube , The US Dollar is not in a better shape , The German surplus is diluted in the wider Eurozone area , The European union is in danger

Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.

Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.

Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..

Debt fears drag Dow below 10,000

NEW YORK (CNNMoney.com) -- The Dow closed below 10,000 Monday for the first time in three months, with financial shares leading the way, as worries about the U.S. economy and European debt weighed on investor sentiment.

The Dow Jones industrial average (INDU) tumbled 104 points, or 1%, ending at 9,908.39. The last time the Dow finished below 10,000 was Nov. 4, when it closed at 9802.14.
The S&P 500 index (SPX) ended just below break-even. The Nasdaq composite (COMP) shed 15 points, or 0.7%. Neither closed at notable lows.
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Bristow of Randgold Sees Gold in $1,000-$1,200 Range

Randgold's Bristow Sees Gold in $1,000-$1,200 Range

Mark Bristow, chief executive officer of Randgold Resources Ltd, talks about fourth-quarter profit and the outlook for gold prices. Bristow speaks with Bloomberg's Maryam Nemazee and Rishaad Salamat in London