Bob Chapman : They (the government ) want to cut social security and medicare because they want to use the money for more wars , the second reason is that they want to get rid of all the people the retired the disabled the useless eaters
Friday, July 29, 2011
Bob Chapman : Do not buy a Home , Rent
Bob Chapman - A Marines disquisition - 28TH JULY 2011
Bob Chapman : over the next 6 years about 10.8 million homes will be at risk of default ...it is terrible do not buy a home rent , US has a great problem in real estate, Canada will follow us to some degree...they want to destroy people on social security and use the money to start new wars , they want to ger rid of the elderly and the so called 'useless eaters' ....people will be dying like flies , so get ready either fight them or let them kill you says Bob Chapman .....Gold Prices to Climb Higher as investors continue to flee the U.S. dollar.
Gavin Wendt, Senior Resources Analyst at MineLife, expects gold to reach more record highs as investors continue to flee the U.S. dollar " If you have a look at Gold in inflation adjusted terms it is trading well below where it should be " "the gold rally is based on very very sound fundamentals it is has not been based on any leverage or borrowing which is typically what we see with regards to most bubbles , there a whole lot of leverage and borrowing involved " " we are looking at $2000/oz in the next 12 to 24 months "
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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