Tuesday, August 9, 2011

Bob Chapman : they are preparing for a major World War III

Bob Chapman : Gold is doing what it should do , you can see they intervened between 1715 and 1750 dollars to try to keep it down I do not think they are going to be successful , Silver is another story , HSBC are as short as they have ever been now they are going to be shorter than they have ever been before , people got to understand that you are dealing with a criminal syndicate these people are worse than the mafia much worse , we are looking at QE3 , the inflation by the end of this year would be probably in the vicinity of 14 percent next year because of QE2 and Stimulus 2 because it takes that long to go into the system it would be probably 25 to 30 percent if they do Qe3 they have do about 2.3 trillion and if I am right about that you are looking about 50 percent , that's Hyperinflation , they will take it as far as they could until people will stop accepting money and they will start trading in gold and silver bullion and I think that what it will come to . , I think they are preparing for a major World War III , Only 8th tenth of one percent of Americans own Gold and Silver coins shares and bullion , that figure will reach about 15 percent like it did in 1980 , it will come to a situation where the tender will be gold and silver bullion ,

Monday, August 8, 2011

Gold is the only Money - $1723/oz and rising

Gold is up 40.9% from this date last year.investors and central banks all around the world are becoming aware of the evidence that Gold and Gold is MONEY , Gold is not an investment it is MONEY the one and only money , Gold so far is way way undervalued when everybody realizes that the king has no clothes that the fiat money is just paper with ink , trillions of dollars will be rushing into Gold and Silver , the prices of gold and Silver will explode in a way that nobody can imagine we might see Gold at $80K an ounce if not more , this is not a bubble , it is just the world is starting to wake up from decades long delusion that paper is money ....you are still in time to go change your pile of worthless cash for some gold coins you will be glad you did in a year from now ....


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - The Financial Survival - 08 Aug 2011

Bob Chapman : one of the reasons they are doing this besides getting the correction out of the way before the election ,they want a justification to have a QE3 , the gold and silver shares are way way under priced , I will be buying gold coins bullion and shares even when gold will be at $3000 an ounce
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