Friday, July 13, 2012

Bob Chapman : The International Forecaster has been in production for over 20 years

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 the aureport

Thursday, July 12, 2012

Bob Chapman : Preserve Your Capital with Gold, Silver

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 the aureport

Wednesday, July 11, 2012

Gold May Have Been Manipulated Like Libor - Ned Naylor-Leyland

"It is effectively an intervention in two ways; one would be the fact that for central banks gold and silver going up doesn't make their currency look any good and secondly a number of the big commercial banks have very large short positions which they like to manage and make easy money from," Ned Naylor-Leyland, investment director at Cheviot, told CNBC.

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