Bob Chapman : England sold Chavezs Gold long time ago

Bob Chapman - RADIO LIBERTY - August 22, 2011

Bob Chapman : I think Mr Chavez is taken one more bite at the US tail , he is asking for 99 tons of Gold which is similar to what Mexico bought in February and March this year it is worth about probably 6 billion , now let me tell you what's going to happen here , first of all England does not have the gold they sold it long time ago and Chavez knows that so England will have to do one of two things they got to borrow the gold from another central bank that in fact has gold or they default so when they will do that I would think that Gold will jump a thousand may be fifteen hundred dollars in about two week period

Bob Chapman : this is just the beginning of phase 2 in Gold there will be phases 3 , 4 , 5

Bob Chapman : Gold is the new world reserve asset , and the cherry on the cake is the inflation and later on the hyperinflation , you got at least $8000 on gold and $400 on silver do not even think just go and buy gold and silver coins shares and bullion , I go fifty fifty  In Europe they finally realize that no matter what they do they cannot solve the problem and if they try they might bankrupt themselves . this is just the beginning of phase 2 in Gold there will be 3 , 4 , 5 phases , you got to get your money in gold and silver coins bullion and shares

Making Money from Silverware & Scrap Silver

This is a load of scrap silver that came in our store. Silverware sets, broken jewelry, cups, candle holders, all getting melted down and cashed in.