James Turk says another Lehman Brothers is coming before the end of the year just like in 2008 , but this time around the sell offs are more driven by fears investors are making sure their assets are safe rather than any liquidity concerns and this kind of environment James Turk expects Gold and Silver to do the opposite of what they did in 2008 when they got sold with everything else , the collapse of MF global is still playing out in the paper market but the people what are accumulating gold and silver and have been accumulating gold and silver for the past decade they do not really care of what's going on in the paper markets ...regarding Europe James Turk says he expects it to breakup in the next few years in some form he just do not see how it could work ....The European politicians made a mistake with Greece when they decided that it could not go bankrupt what that did it essentially opened the Pandora box ...Europe generally will continue to spin out of control , the Euro is very problematic it just cannot survive from the longer time perspective , there are too many fragile breakpoints that could cause it to fall apart ....right now we are in a 'managed retreat for Gold' , every bull market has three stages the first stage is apathy and neglect no one is paying attention and that what happened before gold broke to $1000/oz , we are now in stage two , the big dramatic moves won't come until we got into stage three that;'s when the speculators start jumping in and and your neighbor start telling you to buy gold you know that kind of thing , that's down the road that's 2013 - 2015 , the interesting thing about silver is that it is still at stage one it won't get to stage two until it breaks the $50/oz that's probably going to happen in the first half of the next year ....
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Wednesday, November 23, 2011
Tuesday, November 22, 2011
Bob Chapman The Banks in Europe & in the US are broke
Bob Chapman - The National Intel Report - 2011.11.22
Bob Chapman The International Forecaster with Robby Noel to talk about MF Global Fallout Continues, Illuminati Perpetrators Walk Free, Bioweapons Are Deployed , the Gold marke, t forecast , Around Christmas Europe is in vacation says Bob Chapman nothing is going to get done in this period of time forget about it and the IMF knows it , The IMF is just kicking the can down the road , it is absolutely impossible to save these countries (The PIIGS nation) says the International forecasterGermany have lost its sovereignty to International Bodies
Bob Chapman on Radio Liberty 3rd Hour - 21 Nov 2011 explains that Germany will give up its sovereignty to international bodies ,the elite will never lose the opportunity of a crisis to pass their agenda the Euro will continue to deteriorate , The PIIGS nations will accept the diktat from the bureaucrats in Brussels , out of chaos here comes the NWO Bob Chapman and Dr. Stan explain , Europe is under the bankers and the bureaucrats occupation the Europeans have lost their sovereignty they can no more decide their fiscal policies just like the Americans with the Federal Reserve .....
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