Bob Chapman - National Intel Report - 04-19-2011 [Excerpts]

Bob Chapman - National Intel Report - 04-19-2011



Bo Chapman : ....everything you see in the middle east have been in the making for the last 30 years they know exactly what they gonna do because they (The elite) need that destruction and they also need that turmoil in that region of the world ..."
.."The most radical change came in Europe in 1303 when the crusaders who were running the money operations in Europe at that time they became the kings and princes of that time and the Vatican and they took over the financial system ever since then it is a nightmare after another , and everything you see today are all game that have been played before over and over again and that's why I am able to project Hey this is what these guys are going to do next because they have been doing it thirteen times ..."

Silver Will Outperform Gold by 400% in 2011 ?

So far silver is outperforming gold by a large margin , Silver has been the best-performing precious metal in 2011 so far  rising up 40 percent since January. The secret is Silver is not just a precious metal it is also an industrial metal , the best conductor of electricity amongst all metals , Industrial companies are buying silver by the tons , today about 40% of silver is used industrially - in solar batteries, water purification systems, computers ,cellphones, circuit boards, plasma TVs and also RFIDs  radio frequency identification devices .By 2015, it's estimated that global industrial demand for silver ,mostly  driven by China and India  will increase by 36%, from 487 million ounces in 2010, to 666 million ounces.  add this to the shortage in supply and you have an idea how high the silver prices will go . Eric Sprott is right in saying " Silver is The Investment of this decade " Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade

SILVER $44.02 GOLD $1496.80

Silver was quoted at $43.11 an ounce against $42.99, having earlier touched a new 31-year high at $44.02 an ounce. Silver has been the best-performing precious metal so far this year, up 40 percent since January.


Spot Gold prices rallied toward record highs approaching the $1,500 an ounce mark today amidst inflation concerns in China the dollar decline, rising crude oil prices unrest in the middle east , worries about sovereign debt problems in Europe and the Standard & Poor's downgrading its credit outlook for the United States Gold hits an all-time high of $1498.9 At the New York market.While In London, prices are stable at $1493.9 .Gold is still far below its all-time inflation-adjusted high, estimated at almost $2,500 an ounce, Many experts see Gold hitting the $2000 mark before the end of this year