Monday, August 1, 2011

Tom Cloud : Gold goes up 13 percent up each time the Dollar goes down 1 percent

Tom Cloud : If you look at going back from end of July 2001 to July 2011 Gold is going up 13 percent for every one percent the dollar is gone down , when the dollar goes back to 72 where it was in 2008 , Gold will be $2030 , if it drops to 70 Gold will be $2060 if the dollar drops to 68 it will be $3079 an ounce if it drops to 65 which a lot of economists are predicting by the end of next year Gold will be $4126 an ounce , I do not see why this relationship won't continues ....




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Bob Chapman - The Money Radio - 31 Aug 2011

Bob Chapman : what this is really all about from my point of view , there are people from both parties and the CFR Counsel on Foreign Relation and Trilateral Commission and the Rockefeller Foundation among many others who virtually demand the social security and medicare be cut , and that's what's holding this whole thing up , there are enough people in the house and senate who won't vote for that particularly because there are programs which were paid for by the people

Bob Chapman - Liberty Round Table - August 1, 2011

Bob Chapman : At the bottom of this whole thing , what are they after , they could have solved this thing in fifteen minutes , what they are after was getting the foot in the door on cutting social security and medicare particularly medicare , they seem to think they might have accomplished that if the bill is passed, 95 percent of these people are bought and paid for by the special interests behind the scenes .they do what they want to do they do not care about what the constitution says .....the money has already been spent the deficit is still there and the people has to pay for it ...

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