Friday, May 11, 2012

Bob Chapman My Carrier as a Counterintelligence Agent

Bob Chapman :  Number one: I spent three years in counterintelligence for the United States government and worked with the National Security Agency as well as an adjunct agency to the Central Intelligence Agency in army counterintelligence against the Russians in Europe. The first thing I learned was that the Japanese diplomatic code had been broken in 1937. That was declassified in 1968. I found out that the United States government knew everything that the Japanese were doing. I wasn't very happy with that, so I started to think outside the box. I started to look jaundiced at things that were being done, especially because I was spying on the Russians. After I left government service, I maintained the same kind of attitude toward what government had to say. And it wasn't just the U.S. government. It's all governments. I had a different perspective than I had prior to being engaged in counterintelligence work. As far as the statistics that I think you're referring to, like the CPI (consumer price index) and the unemployment figures, John Williams (www.shadowstats.com) is another economist who does what I do and his figures come out the same as mine. Real unemployment is not 9.8%. If you put all of U6 together (the Bureau of Labor Statistics measures six types of unemployment, U1-U6) and removed the birth/death ratio, you're talking about 21.5% unemployment. So why doesn't the government tell the public all about U6? It's a good question. But the figures are all bogus. - in theaureport

Thursday, May 10, 2012

Bob Chapman : We are in a long-term bull market in gold and silver get in with the trend and stay with it as long as possible

Bob Chapman : First of all, I found as a broker that a lot of people don't know how to properly invest or trade. Often brokers would have them trade; however it's not something average people normally do because they're not professionally trained. There are not a lot of people who can effectively trade and make money in the market. Perhaps 5% are successful. But I ran into a lot of people who wanted to trade, and I discouraged them unless they had years of experience. I said you've got to pick a trend. For example, we are now in a long-term bull market in gold and silver. I tell people to get in with a trend and stay with it as long as possible. People were losing money in the market because they weren't doing that. Consequently, I've been helping people set long-term investment goals. - in theaureport

Wednesday, May 9, 2012

Bob Chapman : How I started The International Forecaster

Bob Chapman : The International Forecaster has been in production for over 20 years. It came about because I retired at 52 and being a "Type A" personality I found I couldn't live life without doing something with my mind. Playing golf and tennis everyday was a bore, so I started The International Forecaster. I had spent 28 years as a broker and owned my own firm for many years. I was probably the largest gold/silver stockbroker in the United States, perhaps even the world. We had 6,000 clients when we sold the company. I really enjoy writing and doing radio. Occasionally I'll do television. It really fits me. I should've been in journalism. But then again, what would've happened is that I wouldn't have had the background to be a good journalist. - in theaureport.com
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