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Friday, July 31, 2009
Bob Chapman on Alex Jones Tv They're Really Doing It !
Thursday, July 30, 2009
The Benefits of Owning Tangible Gold
Gold Gold and Gold
-There is a remarkable change of sentiment surrounding owning gold.
-Warren Buffet suggests to diversify your holdings by owning gold.
-What's the best buy when it comes to gold? coins? bars?
-What's to say the government won't confiscate our gold?
Listeners are always welcome to receive a free gold investment guide by going to http://www.safeasgold.com/goldinvestm... or call 1(800)510-9594.
If you'd like to listen to the rest of the show, you can do so via The Gold Show with Jonathan Rose podcast. Go to the following link to subscribe to the podcast. http://itunes.apple.com/WebObjects/MZ...
Category: News & Politics
Tags:
gold bullion coins investing retirement stock market price investment Canadian Maple leafs IRA Krugerrand
Wednesday, July 29, 2009
Bob Chapman bullish on gold and Silver Bearish on the US economy in general
Bob Chapman on RBN Radio 28 July 2009
The system is doomed there a 2.4 quadrillion black hole Bob Chapman the international forecaster gives it 3 to 5 years before the whole system collapses buy silver and gold bullion to save your belongings
Tuesday, July 28, 2009
Analyzing the Risks of Investing in Gold
Weighing the Risks of Investing in Gold
While investors turn to gold as a safe haven, they aren't necessarily choosing the right investment vehicle, Stephan Mueller from Julius Baer Physical Gold Fund said. Go into gold for reducing your portfolio risk overall, but watch out as the metal has no additional returns, he warnedMonday, July 27, 2009
The rise in automobile sales pushes prices of Palladium and other precious metals up
Platinum gained the most in seven weeks after Anglo Platinum Ltd. forecast a rally in prices as demand increases for the metal used in jewelry and pollution control devices in cars. Palladium and rhodium also gained.Bob Chapman will as usual talk about gold and Silver prices global economics and politics
Sunday, July 26, 2009
Saturday, July 25, 2009
Extreme short positions in Silver Ed Steer of Casey Research
http://www.gata.org/node/7583
Chilton stresses position limits for silver
Category: News & Politics
Tags:
gold silver ed steer gata ted butler cftc jim rogers hyperinflation inflation fed audit ponzi jp morgan goldman sachs max keiser bill murphy position limit
Friday, July 24, 2009
Bob Chapman on Alex Jones Tv What's in Your Vaccine?
http://theinternationalfore...
http://prisonplanet.tv/
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Category: Education
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Bob Chapman Internationial Forecaster Swine Flu H1N1 n1n5 bird avian flu who Alex Jones Tv alexjones
Wednesday, July 22, 2009
SECRETS to Buying Silver Bullion
The American silver eagle is the official bullion coin of the united states, and was first minted by the united states mint in 1986. It is minted only in 1 troy oz (ounce) .999 fine silver rounds, Silver eagles are in very high demand in these uncertain economic times so start your silver snowball rolling today to start receiving your very own residual income of silver eagle coins, Don't wait until it's to late - get in while silver is still affordable!
Category: Education
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my silver collection robert kiyosaki mike maloney rich dad poor Buying Silver eagle coin coins mrsilversnowball snowball Buy eagles buying bullion investing bars in michael inflation hyper hyperinflation hyper-inflation buy peter schiff jim rogers new world order visionvictory theomagaman barack obama canadian maple leaf
Tuesday, July 21, 2009
Why Gold should be part of your portfolio
gold bullion commercial
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gold bullion hyperinflation inflation fox news business economic armageddon obamageddon 2012 peter schiff gerald celente marc faber ron paul end the fed federal reserve dollar collapse
Monday, July 20, 2009
Bob Chapman gold at $2000 and Dollar devalued by two third
Own a House for hundred bucks !!!
House raffled off for $100 a ticket
a bad housing market forced a man to get creative , this is the most unuusal fund rase but could turn out to be a win win solution
House raffled off for $100 a ticket « Less
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Business, housing house sale Local News, News, Real Estate, Real Estate, Shopping & Commerce
Position limits on Silver will trigger a price explosion Ted Butler
Silver Manipulation Might Be Coming To An End Ted Butler
Ted Butler on the weekly metals wrap on King World News dated July 17th, 2009. Ted Butler talks about how the CFTC and it's new chairman Gary Gensler is seriously investigating the manipulation in the silver markets.Teds work is followed by many institutions, such as Sprott Asset Management and PFS Group. He has researched the commodity markets actively for 3 decades. Internationally well known for his writings on silver, gold, commodities and the COT (commitment of traders) report. In this interview Ted discusses the gold and silver markets and the underlying commitment of traders report.
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gold silver bullion investment precious metals store coinsted butler market manipulation CTFC peter schiff King world news jim rogers ron paul gerald celente economy depression recession dollar devaluation commodities stock crash federal reserve silver gold ted butler manipulation gata cftc jp morgan goldman sachs max keiser chapman hyperinflation inflation fed audit ron paul peter schiff
Sunday, July 19, 2009
Bob Chapman on GoldMan Sachs Massive Profits
Goldman Sachs Raking in Massive Profits
Bob Chapman
Market Review
Sunday, July 19, 2009
Due to the fact that Goldman Sachs is currently the favorite of Washington they are raking in massive profits during a time when most banks and brokerage firms are struggling for survival.
Due to a very successful second quarter, Goldman has set aside $226,156 per employee in compensation – a 75% increase per employee. That means annualized compensation could be $1 million per employee for the year. We find this of great interest inasmuch as the recently converted bank received a $10 billion taxpayer bailout via Goldman’s connections in Washington. They also received a myriad of benefits from several other government schemes over the past two years. It is nice to know that in part American taxpayers made this possible while unemployment is running on a U6 basis at 20.5%, and Americans are losing their homes by the millions.
Pay surged 75% in the second quarter and compensation and benefits costs were $6.65 billion, up 37% from the equivalent quarter in 2008.
The immense profits of 33% were mainly due to trading profits of $2.7 billion. Goldman made up 24% of the Black Box program. Program trading made up 73% of all NYSE trading.
Gold Rush - The Gold Conspiracy
The value of gold is kept low to keep the value of the dollar high. Traditionally the value of a currency is measured in gold. Current economic policy (Monetarism) advices to infuse new money into the economy to stimulate economic growth. For the last few years money growth in the US has been over 10 percent, much higher than the growth of the economy (GDP). This does stimulate the economy, but the dollar also looses it's value (inflation). New money (credit) is not given to economic participants but lend to them. By now the American consumer is deep into debt (mortgage) and the US government too (bonds). Total debt in the US is over 40 trillion dollars. Total debt is 330 percent of GDP, in 1929 just before the Great Depression it was 270 percent of GDP. Foreign banks and foreign investors are stuck with trillions of dollars worth of bonds and other investements they cannot be sell, because otherwise the dollar would collapse.
The US goverment needs to borrow over 2 billion dollars per day to make ends meet (deficit). Foreign investors are loosing appetite for the dollar, because it is obvious these loans to America can and will not be paid back (with real money). The US goverment has run up a debt of 8,5 trillion dollars and is effectively bankrupt.
The current financial system is kept from collapsing by massive manipulative intervention by the US goverment, the Federal Reserve and banks, such a J.P. Morgan. Such as manipulation of the gold price. However... they are running out of gold to dump on the market!
The Greater Depression
======================
When the housing market collapses even further in 2007 the US economy will go into recession and investors will sell dollar denominted investments and invest in Asia. Dollars will flood the market that already has too many dollars. In addition, the US goverment will only be able to pay investers that sell US goverment bonds by printing massive amounts of dollars (monetizing the debt). The dollar will go into hyper inflation and become worthless.
US banks will go bankrupt, because of fractional reserve banking. Fractional Reserve banking means that the bank does not actually hold the money of it depositors, but lends it out. If borrowers go bankrupt the banks cannot pay the depositors. The bank is bankrupt and the depositor has lost his savings. Depositor's Insurance (FDIC) will not help, because depositors will be paid with money that has much less value. Banks will topple like domino stones: a systemic banking crisis.
Because rampent credit creation, gold and silver will go up in value. They are the only true money, they cannot be debased. As the very profound and structural problems with the dollar becomes more apparent to people, these people will move their wealth into something that is safe: gold and silver. However, there is by far (and I really mean by far!) not enough gold and silver to absorbe all the paper money out there. They value of gold and silver will go astronomical.
Saturday, July 18, 2009
Bob Chapman on Bank Holidays dollar devaluation Gold and Silver Market
Bob Chapman on Alex Jones Tv Jason Bermas and Bob Dacy
Bermas with the International forcaster bob Chapman on Bank holidays Gold and Silver the government eugenics the dollar devaluation the new global currency shown at the G8 by Russian president Medvedev and much much more.... Alex is not here today Jason Burmas talks with investigative journalist, author, syndicated columnist, and former communications security analyst with the NSA, Wayne Madsen. Additional guests include Dr. Michael Coffman, CEO of Sovereignty International, who appears in Alex's Endgame: Blueprint For Global Enslavement, and Wisconsin resident and Iraq war veteran Vito Congine Jr. who had a flag confiscated by police because he dared fly it upside down.
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Jason Bermas Bob Dacy Chapman The International Forecaster deteriorating economy Facebook SWAT Teamed
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Thursday, July 16, 2009
Silver to become extinct by 2020 it will outperform Gold
Extremely Bullish on Silver :
Silver is well below its equilibrium price now it is about $16 but it will eventually move up , Silver is ready to move better and stronger than Gold , Silver will outperform gold quite dramatically before even Gold will reach the $1000 , there is very little left of Silver in the planet , The US geological society said just a couple of years ago that Silver will be the first in the periodical table that will become extinct by 2020, that news got almost buried on page 20 of the Wall Street Journal . Silver is more rare than gold , it will certainly reach the price of gold before year 2020 when it will become distinct , The silver gold ratio will go from the actual 14 to bellow 1 ...silver cannot be recycled from land fields it will become extinct the same way what happened to Rhodium which went from $300 to $10 000 an ounce
It has been widely published in scientific circles that silver will be the first element from the periodic table to become extinct. Adrian Douglas builds a strong case for why silver must eventually sell for many multiples of its current price.
Listen to the Interview Below
Bob Chapman on Real News RBN Radio 14 July 2009
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Bob Chapman former stockbroker editor International Forecaster Newsletter gold silver bullion price economic storm financial crisis Red Dawn Endgame The Obama Deception Alex Jones Tv Satanic Illuminati Conspiracy Bush Obama symbolism dollar pyramid eye Lucifer Clinton reverse speech new world order alex jones 9/11 Satan symbols led zepplin Conspiritus JFK assassination
Wednesday, July 15, 2009
Bob Chapman on Discount Gold and Silver 15 July 09
Gold investor Boy are you LUCKY Robert Ian on Gold Seek Radio
Gold and silver will be your best investments
in the coming decade.
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Robert Ian of ConquerChange.com is a regular guest
on Chris Waltzeks weekly goldshow http://radio.goldseek.com
excerpt from the show on july 4th
Intro and outro by Ce Ce Peneston : Finally
Tags:
gold silver price predictions Robert Ian Chris Waltzek Marc Faber Max Keiser Bob Chapman Peter Schiff Ron Paul Doug Casey David Morgan Jim Puplava James Turk Jason Hommel VisionVictory InflationUS Stellaconcepts Myspacesecrets Davincij15 goldtothemoon Rogers Sinclair Ted Butler Bill Murphy Goldsilver.com Financial Sense Gold Seek Radio Karmabanqueradio Al Korelin Howestreet.com Alex Jones Steve Quayle
Tuesday, July 14, 2009
Purchasing Gold As The Dollar Shrinks
Gold as a Safe Heaven
Today's Talking Points:
- The Recession is driving the price of gold
- Citibank and Merrill Lynch are currently buying large amounts of gold
- Gold minted before 1933 is not confiscatable and has a higher intrinsic value
- There likely will be more shortages of gold from the U.S. Mint
- Warren Buffet bought the two largest gold manufacturing companies in the U.S.
Today's Talking Points:
- The Recession is driving the price of gold
- Citibank and Merrill Lynch are currently buying large amounts of gold
- Gold minted before 1933 is not confiscable and has a higher intrinsic value
- There likely will be more shortages of gold from the U.S. Mint
- Warren Buffet bought the two largest gold manufacturing companies in the U.S.
Category: News & Politics
Tags:
gold bullion coins investing retirement stock market price investment Canadian Maple leafs IRA Krugerrand
Monday, July 13, 2009
Gold Rises as Dollar Weakens
Investing in Gold - Analysis and Discussion with Patrick Chidley of Barnard Jacobs Mellet USA (Bloomberg News)
Category: News & Politics
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NASDAQ:RGLD NYSE:HMY NYSE:NEM Law Legal Issues Personal Finance Business Economy International Careers Occupation mining Editors Pick
Sunday, July 12, 2009
Cash 4 Gold Not Following Through With Changes
Investigators say the company has not followed through in preventing a problem that brought hundreds of complaints.
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Business, Government & Politics, Local News, Municipality, News, Small Business
The Coming Bond Collapse Bob Chapman
“The Fed and the Treasury had hundreds of billions of dollars for banking, Wall Street and insurance companies, but they couldn’t allow borrowers, facing foreclosure, a break. That would have staved off two million foreclosures and preserved $300 billion in equity. Congress couldn’t help average Americans, only the rich. We are in the greatest financial crisis since the early 1870s or the 1930s. These people have ravaged the financial and economic world and they are still in complete control of the system. That is because they have bought Congress and they have created a revolving door between NYC and Washington. Last year, banking, securities and investment firms gave $154.9 million in political payoffs. Real estate interests stuffed $136.7 million into politician’s pockets; commercial banks gave $37.1 million and hedge funds $16.7 million, for a total of $345.4 million. This is why campaign contributions have to end along with lobbying. When are Americans going to wake up to what is being done to them?
It is only a matter of when before there will be insufficient buyers of Treasuries to fund bond issues. We believe this has previously happened from time to time and that buying by the Fed from offshore accounts has held the market up. This we believe is why the Fed doesn’t want an audit. When foreign central banks stop buying, the Fed will monetize more and more as they are currently doing. They will be buying $3 trillion worth of Treasuries, Agencies and CDO toxic waste from banks over the next three months.
On June 5th, we saw the 2-year and 10-year Treasury yields spike as the Fed lost control of the market. We noted the actions at that time. It won’t be long before most long dated paper, that is over 5 years, will have to be monetized in a very big way. That also means interest rates will continue to move higher. We believe the treasury will be in the market for $1.2 to $1.5 trillion. That means the Fed may have to buy $600 billion to $1 trillion in Treasuries. They have already committed for $300 billion. It is hard to know exactly what this private corporation is up to because much of what they do is in secret. As rates rise it becomes very difficult to finance mortgages. At a 5.5% mortgage rate, 80% of pending and future mortgages cannot be consummated.”
Saturday, July 11, 2009
How To Buy Real Gold and Silver Coins
Buy Gold and Silver coins Bob Chapman
BOB CHAPMAN ON ALEX JONES 10 JULY 2009 :
Bob Chapman was back on Alex Jones Show talking about global economics politics , jobless numbers credit cards defaults car debt home debt economic collapse the carbon tax , corporate personal and governmental debts always on the rise ...and the government wants people to spend !! ! birth death ratio unemployment numbers manipulation , the FBI arrested an ex Goldman Sachs who is allegedly stole a coded program that allows to read the market , this program originate from the government , the New York Stock Exchange has another program that pays the market makers to manipulate the market ...Goldman Sachs admits that this algorithms allow you to read the markets , a timing mechanism between trades which allows you to pick a penny here and there and make millions at the end of the day , this is called "Salami Slicing " amongst the insiders ..Gold and Silver is your best hedge to save your earned savings, that's your only salvation said Bob Chapman ....Tags:
bob chapman alex jones ron paul rand paul obama g8 politics news new world order jim rogers max keiser marc faber gerald celente peter schiff conspiracy cheney wayne madsen russia medvedev afghanistan wall street stock market bailout stimulus tea party russia today bernanke paulson federal reserve economy depression recession inflation hyperinflation lew rockwell tom woods
Friday, July 10, 2009
The Currency Report - U.S. Dollar, Japanese Yen
Seeking Safety in Dollars and Yen (Bloomberg News)
Category: News & Politics
Tags: Personal Finance Business Economy International Government Politics Science Technology Energy Oil Editors Pick
Oil Price Volatile
Oil closed 2008 at $44.60 after falling from $147 nearly a year ago. Crude then surged from below $35 in March in part on investor concern that massive U.S. fiscal stimulus spending will eventually spark high inflation. Investors often buy commodities such as crude as a hedge against a weakening dollar and inflation.
Category: News & Politics
Tags: Law Legal Issues Business Economy Energy International Government Politics Science Technology Oil Natural Gas Editors Pick
The Euro Under Pressure
The fall below $ 1.4080, as expected, resulted in a further weakening of the single European currency, now trading around $ 1.4065, to find some support in the area of $ 1.4045. Dealers, however, pay attention to the fact that the news about lowering the credit rating of Ireland was not helped to improve an already negative mood, and a foot below the $ 1.4045 to be in jeopardy. Currency strategists BNP Paribas, meanwhile, also saw the risk of continuing in the direction of the fall of the euro to $ 1.4000, while it should be noted that in the area of the figure is страйк major option and, while small orders for the purchase of stored near $ 1.4020, testing support at the $ 1.4000 is very likely.
Tags: Personal Finance Business Economy International Banking Government Politics Editors Pick
Role of housing in economic recovery
“The economy will not recover until housing prices stabilize. Housing affects not just American families but banks, credit markets and construction business and jobs. Economics editor David Wessel explains.”
Thursday, July 9, 2009
Gold needs to go to $15,000 Mike Maloney
Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and Silver, Mike Maloney, explains why gold and silver are vital investments for todays economy.
Category: News & Politics
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Gold Silver FED FIAT Mike Maloney Rich Dad Robert Kiyosaki gata inflation hyperinflation schiff rogers bernanke obama deception fraud jp morgan ctfc butler
Oil Speculators Under Fire
Policy makers on both sides of the Atlantic launched an effort to crack down on what they called speculation in oil markets. The CFTC said it is considering tougher regulation of oil-futures markets and the U.K.’s Brown and France’s Sarkozy are calling for international action to curb volatility.
Wednesday, July 8, 2009
Gold and Silver Coin Sales Explode
according to the Wall street Journal the Sales of gold and silver bullion coins surged sharply in the first half of 2009, when dealers were citing strong physical demand amid worries about other investments.Bullion coins are meant to protect investors portfolio against a coming inflation , the crash of the dollar under the pressure of printing presses of the Federal Reserve which have been rolling ar full speed lately
Read more here :
Monday, July 6, 2009
Bob Chapman on Power Hour 06 July 2009
Bob Chapman on Power Hour 06 July 2009
Bob Chapman is back from vacation , the topics he touches today is California being broke and issuing IOUs the illegal aliens problem in Cali , a state that is used to spend like there is no tomorrow , the USA Russia tense relations despite the appearances , India joining the countries calling for an alternative to the dollar , and BOB Chapman explains how it is difficult for these countries Russia China India Brazil to get out of the dollar because they have devaluated their own currencies in order to export to the American market while building during the years large amounts of US dollars reserves in the trillions so in deep these countries do not want the dollar to collapse because this will mean a collapse of their savings as well , Cynthia McKinney imprisoned in Israel for trying to bring help to Gaza ......and as always Bob Chapman will talk about the gold silver prices stocks wall street and much much moreNatural Gas prices continue to fall
In-Depth Look - Cheap Natural Gas - Bloomberg
Strange Days for Natural Gas - Winter Cheaper Than Summer (Bloomberg News)
Category: News & Politics
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Law Legal Issues Personal Finance Business Economy Energy Science Technology Oil Natural Gas Editors Pick
Foreclosure Fraud
In my backyard garden talking about the courts threatening to allow the banks to unlawfully hijack my family legacy and they usually use a Sheriff, ,,, (who are supposed to protect ordinary folks from big corporate criminals who steal our family's labor, and sell our childrens futures to foreign entities who are impersonating a de-jure representative government of the unanimous majority,,,, or was that only 51% of them telling the other 49 that
they can steal your land if the 'majority' feels like it, thats called "Mob Rule" .. people need to understand their own personal sovereignty, before this gangster bankster game will ever end, people will have to be responsible for themselves, and revert to simpler ways, clean ways of life, and what is free, money is what got us into9 this mess and getting rid of it will get us out, but we ALL need to walk out from under the pyramid, not just a few, but MILLIONS need to all STOP using their monopoly money
Category: Nonprofits & Activism
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foreclosure fraud banksters banks bailout GMAC Mortgageit Inc united vision financial courts clerks judges corruption criminal government rico
Sunday, July 5, 2009
The dollar goes up and the gold goes down
Mundell says “The US Federal Reserve system and the Secretary of the Treasury made two big mistakes last fall. They allowed the dollar to soar in the third quarter last year – the dollar went up by 30% – and this was damaging to the US and … all those countries that were tied to the dollar, they had bad stock markets over that period. This was due to tight money, which you could prove by the appreciation of the dollar and also the falling price of gold, which went down by about $250 in that period. When those two things come together – the dollar goes up and the gold goes down a lot – then you know that there’s some tightness in the monetary system.”
Shell looks to LNG boost from Russia
Shell looks to LNG boost from Russia
Russia has invited Royal Dutch Shell to take part in the Sakhalin-3 and Sakhalin-4 oil and gas projects in Russia's Far East.
Prime Minister Vladimir Putin made the offer at a meeting with the company on Saturday. Putin said the projects will require Shell's experience in deep offshore extraction.
The company has been active in exploring Russia's Far East since the Sakhalin-2 project in the 1990's. Together with Gazprom, Shell is building Russia's first Liquefied Natural Gas plant, with Putin saying he supported Shell's plans to increase production.
“We know about your plans to expand the LNG plant to increase the output. This will ensure supplies for the domestic market and the Asia – Pacific region.”
Shell has also signed a deal with Russian shipbuilder Sovcomflot, which will provide it with LNG tankers. Several days before the meeting, Shell's vice-president Chris Finlayson spoke on perspectives of LNG use exclusively to RT.
“LNG is certainly the way forward. It’s the dominant form of delivering gas in the Pacific basin, which Sakhalin is uniquely positioned to serve – its only 2 and a half days sailing time to Tokyo. Gas flows from as far away as the Middle East to Japan, so you can see the advantage that exists there. Pricing is based on oil, in that Pacific basin market, and also it’s very well positioned for delivering into the United States, and to Southern California and into Mexico where there are also contracts that both ourselves and Gazprom global LNG trading have. It’s a profitable way, an effective way of delivering a premium fuel. That’s why of course, in Europe, many countries are building LNG terminals as well. There will be clearly competition between pipeline gas, LNG gas, and LNG gas has to be competitive to grow in those markets too. So I think it is very much a fuel where we see significant growth, not just for a few years but for the next few decades, both because of the lower carbon content but also because of the efficacy and the ability to deliver that fuel to any destination worldwide.”
RT: How do Shell’s activities in Russia differ from those in other emerging markets, particularly the other BRIC countries?
CF: “We have operations in all of the other BRIC countries indeed. I don’t think that I would say that our approach varies greatly between the countries. In all of the countries we work together with the state companies in the upstream sector. And in all the countries we see downstream entries, and Russia has been somewhere where we have put a lot of effort into – we are the largest foreign lubricant seller in Russia, we are the only foreign company that does refueling of aircraft in Russia.”
Housing construction withers in the wait for funding
Russia's housing construction sector has been hit hard with the mortgage market needing new sources of capitalization before it can become affordable enough to boost building.
Residential construction in Russia has slumped, with developers mired in debt, and state funding for new housing facing cuts. President Medvedev stressed that even the 4% growth in new real estate placed on the market, represents last year's construction. The sector needs subsidies and renewed demand in order to take off. That's unlikely to come from the mortgage market.
Home loans fell more than six-fold in the first three months of this year, as interest rates rose and banks slashed lending and tightened loan requirements. Sergey Polonsky, head of real estate developers, Mirax, says current loan rates of around 20% are unaffordable for most people.
"The programme for subsiding loan rate is still not in place, so not a single rouble has reached the construction firms so far. According to our research, people are only ready to buy at 7% interest rate,"
The government is trying to stimulate construction. The state mortgage agency is getting $6.5 billion to refinance long-term mortgages given to borrowers by private banks, according to Oleg Repchenko head of analysis centre, IRN.ru.
"The reserves or pension fund money might be used in order to make the loans cheaper. It is possible to subsidise the loan rate relatively quickly. Construction of the real estate will take much longer. Last year showed that there is more movement toward lowering rates, but construction was slowing down at the same time,"
President Medvedev has called upon banks to lower mortgage rates, but that will be possible only if the government provides "cheap" money injections or it succeeds in lowering inflation which will naturally cut interest rates .
Friday, July 3, 2009
Korea Braces for a Credit Card-Less Society
Korea is bracing for a ``credit card-less'' society but legal and technical barriers are still lingering.
Mobile phones are already masquerading as televisions and Internet devices, providing stock info, news alerts, games and video cameras. But next, handsets are expected to replace plastic credit cards.
Mobile phone carriers said the intriguing possibility is near at hand. Ideally, wireless users will be able to pay phone bills, taxes, shopping expenses, transport fees and hospital bills with their handsets. This would make plastic cards or paper money almost obsolete.
SK Telecom and KT said users of data-enabled, third-generation (3G) handsets are now capable of doing a limited range of financial services with microchips inserted into the phones.
SK Telecom has more than 10 million users with handsets that are embedded with universal subscriber identity module (USIM) chips, or smart cards that contain user information and process data.
``The very goal of inserting USIM cards was to enable financial services, and credit card capabilities are the last frontier,'' said an industry watcher.
``Currently, mobile operators are merely the middlemen connecting consumers with conventional financial service firms, but they are exploring the possibilities of establishing their own financial service units.''
Telecommunications operators have high hopes for the Lee Myung-bak government's efforts to ease the cross-ownership restrictions between financial and non-financial services.
The National Assembly is currently reviewing the possibility of allowing non-financial companies to own financial units, such as credit card and securities firms.
Should the restrictions be lifted, SK Telecom is moving to acquire Hana Card.
Legal issues aren't the only obstacles to the mobile wallet. An SK Telecom executive said that the conventional ``combi-type'' USIM cards, which can store data up to 144 kilobytes, wouldn't be powerful enough to support the expanding range of transactions services.
And unlike plastic credit cards, which users can take with them all over the world, geography still matters in mobile payment.
A new technology called near field communications (NFC) could provide a solution to both of the problems.
NFC is similar to radio frequency identification (RFID) technology and is considered crucial for the mobile wallet as the chips inside the phones store personal information and act as credit cards.
If NFC is adopted as a global standard, users will eventually be able to take their handsets abroad and pay for hotel rooms and souvenirs.
KT, the country's biggest telephone company and No. 2 wireless carrier, plans to release an NFC-enabled USIM chip with 256 kilobyte storage early next year and also develop a 1-gigabyte USIM. SK Telecom is also developing NFC-based USIM chips.
Source :
Bob Chapman on A Marines Disquisition July 2009
and of course BOB talks about the Gold and silver wall street the stock markets manipulations and much much more...
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Rothschild NWO EU Russia Global Strike Economy Ice Warming Bombs Bilderberg Iraq Girls Rockefeller 9/11 NAU Gold Silver Alex Jones Politics Bob Chapman
Buying and Investing in Silver Bullion, Save yourself from Inflation
Silver snowball is the easiest way to get vast amounts of silver eagle coins. My first month with silver snowball I received 3 bonus silver eagle coins just by introducing other people to silver snowball. My second month hasn't even finished yet my I'm already up to 6 bonus silver eagle coins.
The American silver eagle is the official bullion coin of the united states, and was first minted by the united states mint in 1986. It is minted only in 1 troy oz (ounce) .999 fine silver rounds, Silver eagles are in very high demand in these uncertain economic times so start your silver snowball rolling today to start receiving your very own residual income of silver eagle coins, Don't wait until it's to late - get in while silver is still affordable!
Tags:
Buying silver Silver eagle Silver eagle coin Silver eagle coins Buy silver eagles Buy silver eagle coins buying silver silver bullion silver investing silver snowball silver eagles silver silver bars silver coins investing in silver mike maloney michael maloney inflation hyper inflation hyperinflation hyper-inflation eagle buy Silver snowball is the easiest way to get vast amounts of silver eagle coins. My first month with silver snowball I received 3 bonus silver eagle coins just by introducing other people to silver snowball. My second month hasn't even finished yet my I'm already up to 6 bonus silver eagle coins.
The American silver eagle is the official bullion coin of the united states, and was first minted by the united states mint in 1986. It is minted only in 1 troy oz (ounce) .999 fine silver rounds, Silver eagles are in very high demand in these uncertain economic times so start your silver snowball rolling today to start receiving your very own residual income of silver eagle coins, Don't wait until it's to late - get in while silver is still affordable!
Thursday, July 2, 2009
Bob Chapman exposes CNBC cheerleaders denying the existence of the 'Plunge Protection Team'
Category: News & Politics
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CNBC Bob Chapman economic collapse depression CIA Michael Jackson unemployment Mad Money
Wednesday, July 1, 2009
Fiat Currency versus The Liberty Dollar
Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae
The Banking Failures are because of the Housing Crisis, which was caused by mortgage lenders handing out bad loans and the biggest offenders: Fannie Mae and Freddie Mac
The Democrats have been taking PAYOFFS from Fannie and Freddie to look the other way FOR DECADES!
NOW VIDEO FOUND of the CEO of Fannie Mae in 2005 explaining the "FAMILY" connection with Democrats
And specifically Barack Obama and the Congressional Black Caucus