Tuesday, March 9, 2010

Bob Chapman the futures Market cannot deliver they use derivatives and one day it will collapse it is a Ponzi Scheme

Bob Chapman the International Forecaster on Gold and Silver Trading 08 March 2010


Bob Chapman the futures Market cannot deliver they use derivatives and one day it will collapse that's what happened to AIG , Lehman Brothers they could not deliver says Bob Chapman , it is a Ponzi Scheme




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.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt

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Richard Suttmeier of ValuEngine.com breaks down why the current rally will not last.



Gasoline May Reach $7 a Gallon by 2020

Morrow Says Gasoline May Reach $7 a Gallon by 2020

March 9 (Bloomberg) -- Ross Morrow, a professor at Iowa State University, talks with Bloomberg's Lori Rothman about the possible impact of U.S. climate-change legislation on gasoline prices. Morrow also discusses the implications of higher prices for the U.S. economy. (Source: Bloomberg)



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