Friday, September 9, 2011

Bob Chapman : we could see a Revolution in Germany

Bob Chapman - The Sovereign Economist - 08 Sept 2011

Bob Chapman : The Germans do not get mad very often but when they get mad watch out , I lived in Germany for a long time I speak German I understand them very , groups do have their strong and weak points and Germans have theirs as well ....we could see a Revolution in Germany that's how mad are these people are , I would not be surprised if some of the politicians will me murdered , these people are really mad about this , they have been acting as a second party in Europe for years anything they were asked to do they did it , they have had it they are not going to give anymore , there is no guilt and there should not be because the people who grow up in the second world war are my age I mean in 1939 I was 5 years old

JULIAN PHILLIPS : Central Bank Gold Buying & China Role in the Gold Market

JULIAN PHILLIPS : as an investor in Gold mining shares I would tend to put a big circle around those countries able to take locally produced gold into their reserves those deposits will be far less vulnerable , not entirely without vulnerability but certainly far less vulnerable to such policies (Gold confiscation ) Europe is a classic example of a fixed currency system , you got a strong Germany which actually needs a strong Deutschmark , you got a weak Greece which needs a weak Drachma you put the two together under a one currency that's a fixed exchange rate and the end result you can possibly have is all the capital finds its way into northern Europe leaving Greek investors invested up north and not in their own economy , making sure that Greece remains a nice holiday resort period , so fixed exchange rate I think are a disaster for a range of economies worldwide


Thursday, September 8, 2011

Bob Chapman : Lloyd Blankfein may be indicted for fraud

Bob Chapman on Progressive Radio News Hour with Steve Lendman

Bob Chapman : The Banking community both here in the United Stats and in Europe have gone over the edge , they have gone too far , the design is burried in greed , they just could not make enough money ...that's why they are going to probably indict Lloyd Blankfein the CEO of Goldman Sachs for fraud

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