Bob Chapman : all the hedge funds and others are using naked short selling

BOB CHAPMAN - A MARINES DISQUISITION - 11TH AUGUST 2011

Bob Chapman : they are using naked shorting and flash trading which is illegal , the crooks are running everything and they get away with everything ...all the hedge funds and others are using naked short selling and it is ruining the markets , if I was in Europe I would ban all derivative trading says Bob Chapman of the international forecaster

Bob Chapman : Gold is going to $10000 and higher

Bob Chapman - Kerry Lutz - August 11, 2011

Bob Chapman : Obama will become a dictator , , they want to destroy social security and medicare calling them entitlement even though we paid for them the money that was paid in was stolen ..... we are bankrupt most of the banks are bankrupt the only thing you can invest in is Gold and silver coins bullion and shares and that's it , Gold is going to go to $10000 may be even higher and they going to re-peg the dollar behind gold they have to otherwise the currency won't work , we will have a deflationary depression after e have our inflationary hyperinflation we are going to have a QE3 but not a stimulus 3

Consumer demand for Gold remains high

Drew Corbett, Head of Investment Strategy at BetaShares, thinks that investors should consider investing in Australian dollar hedged gold ETFs." supply is very weak while we are coming to September when historically demand from India and China spikes " the $2000 target is now within range for Gold " "consumer demand for Gold remains high " " we can get short term pull backs"

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)