Bob Chapman - THE POWER HOUR - Jan. 2, 2011 : 2012 is going to be a difficult year but it is going to be a little bit better than what people think says Bob Chapman of The International forecaster , the reason is the Federal Reserve is swapping a trillion dollar with the European central bank , it is illegal for them to loan money to each others but they pass this for a swap not a loan , this means that the recession that is going on in Europe will reverse and become growth explains Bob Chapman , which means this coming year the economies in Europe will grow positively ....
Monday, January 2, 2012
Bob Chapman - James Corbett Interview - Jan. 2, 2012
Bob Chapman - James Corbett Interview - Jan. 2, 2012 : Germany legally lent 600 billion dollars to the ECB and there is a swap agreement between the ECB and the Federal Reserve , and the reason they did that is because it is illegal for them to loan each other money so by doing the sway they were able to avoid that , and most people in Europe do not even know that says Bob Chapman , the FED is creating money out of thin air the ECB does the same thing with the Euros , they want to liquify sovereign governments and banks in Europe
Marc Faber : the risk today as an investor is not to own Gold
Marc Faber : ......All I can say, the risk today as an investor is not to own gold, but it’s not to own any gold. If you have no gold at all, I think you’re taking a risk. And my advice is simply every month you put some money aside and you buy a little bit of gold. Depending if you’re very rich, you buy every month a ton. If you’re very poor, you buy every month an ounce or whatever it is, or a gram. But every month, you accumulate. You don’t worry about the price. Look to it and you just buy every month a little bit. And your grandchildren will be very happy about that unless the US government takes it away. That is a possibility with Mr. Bernanke. You just look at him. He’s basically not a particularly honest character. - in The Financial Sense Newshour
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