Bob Chapman : 5 banks control 94 percent of all derivatives most of them are CDS Credit Default Swaps , but out of that total 85 percent or 80 percent is owned by JPM , If he derivative market goes down JPM is history easily , the whole thing is a scam absolute scam even the options market is a scam , anybody that goes into options is out their mind , there is no way you could be a winner , do not trade the market I was a professional trader for 25 years listen to me you are going to lose you do not stand a chance , markets are not scientific
Thursday, September 29, 2011
Wednesday, September 28, 2011
Bob Chapman - Discount Gold & Silver Trading - 28 Sept 2011
Bob Chapman : despite the ferocious attack against gold and silver market , they were not as effective as they wanted to be cause there are so many physical buyers out there , physical gold and silver is extremely difficult to find worldwide , I got this report the other day from Singapore yesterday I got a report from Lima Peru a big silver producing country : No Silver around
What they did in the market tells me that there may not be a deal in the Bundestag tomorrow , that's what happened today and it is not going to work ,
7 million ounces of Silver found 300 miles offshore of Ireland
Ship carrying 7 million ounces of Silver was found 300 miles offshore of Ireland that is around 200 tons of silver which is worth around 220 Million Dollars at today's market prices , the ship is setting 3 miles deep in the ocean , it will take the company that found the ship 60 to 90 days to recover the cargo
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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