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Monday, August 29, 2011
Bob Chapman - The Financial Survival 29 Aug 2011
Bob Chapman : anybody who is trying to trade these markets that is not a professional is looking for trouble , just buy gold and silver assets every months despite the price , The Gold owning elite , they have gold because they know it is the ultimate money it is a hedge for them a lot more people in the world own a lot more gold than they do , I looked at this question for many years and I think if they got 20 percent they got a lot , you do not worry about what the next guy is doing you worry about yourself , you buy gold to save your assets
Gold trying to find its legs - we will see $2000 before thanksgiving
Gold is having v moves it is trying to find its legs and I believe its legs are well above 1800 says Anthony my prediction is by the 4th quarter the end of the 4th quarter thanksgiving actually we will see $2000 Gold he added , Europe is in trouble and needs its own Quantitative Easing , in the US QE3 is bullish for Gold as the FED will have to create more money
Bob Chapman - THE POWER HOUR - August 29, 2011
Bob Chapman : first of all we never had a recovery secondly the inflationary depression that we have been ion for almost 30 months is still going on , the real figure on inflation is 11.2 percent not 3.6 percent , we are headed into a very slow time we are going to have minus GDP we are going to have 14 percent inflation by the end of the year , business is going to get bad very bad we will have a replay of the 1930s ,
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Recovery
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