NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Sunday, February 28, 2010
New Credit Card Pitfalls to watch out for
Argentina UK Tensions over The Control of The Falkland Islands Oil
British oil ambitions fuel fresh row over Falklands
Tensions are mounting over British plans to start oil production near the Falkland Islands. London says drilling will start on Sunday despite Argentina's vehement opposition.
(Bloomberg) -- Bloomberg's John Cookson reports on the search for oil off the Falkland Islands and the dispute between the U.K. and Argentina over the territory.
Bob Chapman - 16 Countries will go Bankrupt
Bob Chapman to Alex Jones The elite are bringing the system down Feb 26 2010
Bob Chapman the international forecaster named the following countries to be in danger of bankruptcy US :
UK USA Greece Italy Portugal Ireland Spain Kazakhstan Ukraine Latvia Lithuania Estonia Hungry Romania Poland and we can throw in Japan Argentina also said Bob Chapman , Bob also believes that Asia and Latin America will do relatively well because they do not have the leverage loans that the west have ,many buy their houses for cash rather than taking a loan in those countries .On The other hand the following countries will do reasonably well under the circumstances Australia , Canada Norway and Switzerland , Bob Chapman also warns of a global deflationary tsunami , with which the elites are trying to bring the system down , Bob Chapman also said that he agrees with what Max Keiser says
Alex talks with Bob Chapman of the international forecaster about the International Bailout scam going on in the EU, and the further collapse of Greece, and Spain.Alex & Bob also discuss the latest internet censorship by Microsoft, and how most corporations are spying on you on behalf of the Gov!
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Saturday, February 27, 2010
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Bob Chapman on the Sovereign Economist
Bob Chapman : Expect Gold Price to shoot upMr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Friday, February 26, 2010
Home Sales Falling Down
Why Aren't Homes Selling?
Paul Bishop, VP of Research at the National Association of Realtors, on why closings have fallen for the second month in a row.
U.S. Stocks Advance as GDP Expansion Beats Estimates
Thursday, February 25, 2010
Lindsey Williams : OPEC Countries will go Bankrupt one after the other
Lindsey Williams is back on the Alex Jones with some fresh insights on the crude oil price the OPEC Dubai etc...
Alex welcomes back Lindsey Williams, who has fresh infos , the ordained Baptist minister and Alaskan missionary who has brought to light revelations of the plan by the global elite to sabotage the economy and destroy America. Williams is the author of The Energy Non-Crisis. Alex also covers the latest news and takes your calls.
Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Trans-Alaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners," he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company.
Because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in this book.
After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.
Because of the outstanding public response that has been generated by this book, Lindsey Williams is in great demand for speaking engagements, radio, and TV shows.
Bob Chapman The European Union is an unnatural bond of people doomed to implode , All European countries will eventually go bankrupt
After Greece Italy will default and the rest of the European Union with it says Bob Chapman
The whole European union is unnatural , it is doomed to implode , the first country to default is Greece the others will follow, explains Bob Chapman the International Forecaster...In real estate Bob Chapman advise that you better be a renter not an owner or a buyers , Bob Chapman also advices the buy Gold and silver besides gold and silver Bob Chapman advises to hold canadian and swiss treasuries....
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
What you should know about the New Credit Card Act
New Credit-Card Rules Will Protect Consumers ?
Feb. 22 (Bloomberg) -- Richard Shane, an analyst at Jefferies & Co., talks with Bloomberg's Julie Hyman and Mark Crumpton about the possible impact of new U.S. credit-card rules that take effect today on card issuers and consumers. (Source: Bloomberg)
Wednesday, February 24, 2010
Spain and not Greece is the Biggest threat to the Euro says Eichengreen
Eichengreen Says Expect more weakeness for the Euro
Feb. 24 (Bloomberg) -- Barry Eichengreen, an economics professor at the University of California at Berkeley, says Europe must come together to help Greece get its deficit under control. Bloomberg's Sara Eisen reports. (Source: Bloomberg)
U.S. New Home Sales Drop 11.2%
February 24, 2010
U.S. new-home sales unexpectedly fell in January, setting a record low and erasing all gains made in the market during the past year as the economy recovers from recession.
Demand for single-family homes fell 11.2% from the previous month to a seasonally adjusted annual rate of 309,000, the Commerce Department said Wednesday.
Economists surveyed by Dow Jones Newswires had estimated sales would rise 3.8%, to 355,000.
Tuesday, February 23, 2010
Credit Card interest rates hit a 12-year high
NICK MCDERMOTT
Daily Mail
February 16, 2010
Credit card interest rates have climbed to a 12-year high, leaving millions facing crippling repayments on their debts.
Despite historically low Bank of England base rates, the average interest charged on a credit card has soared to 18.8 per cent – the highest level since 1998.
Some consumers now paying more than 40 per cent on the cash they have borrowed.
This means that credit card borrowers with a debt of £5,000 on their card – who make only the minimum repayment each month – will now repay an additional £2,289 over the life of the debt compared with what they would have paid four years ago.
Will New Credit Card Laws Help Consumers?
Bob Chapman : in a year and half over thousand Banks will go under
Bob Chapman on Radio Liberty Feb 22 2010
Bob Chapman the Crisis is centered in Europe and America the rest of the world is almost untouched
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
Monday, February 22, 2010
Iran Problems could shoot the Oil Price to $200 a Barrel
Iran's Impact on Oil
Fmr. FERC Commissioner Branco Terzic argues higher demand and political tensions in Iran could make oil prices spike.
Gold Survived 3 shocks : China Greece and Obama says investor Takai of Sumitomo Corp.
Sumitomo's Takai Discusses Gold Price, U.S. Dollar
Feb. 22 (Bloomberg) -- Bob Takai, the general manager of financial services at Sumitomo Corp., talks with Bloomberg's Susan Li about the outlook for gold market and the U.S. dollar. (This is an excerpt of the full interview. Source: Bloomberg)
New Credit-Card Rules May Mean Lost Revenue for Banks
Credit Cards New Rules Take Effect
DBS Group still bearish on The US dollar despite the recent appreciation against the Euro
Wee Sees Dollar Rising to $1.50 Against Euro in 2010
Feb. 22 (Bloomberg) -- Philip Wee, a senior currency economist at DBS Group Holdings Ltd., talks with Bloomberg's Susan Li about his forecast for the U.S. dollar and euro. Wee, speaking from Singapore, also discusses the propsects for China to appreciate the yuan, the outlook for the Thai economy and the baht. (Source: Bloomberg)Bob Chapman The Euro will Collapse and many Countries will go Bankrupt
Bob Chapman on The Mortgage Crisis Goldseek radio Feb 2010
Bob Chapman was on Goldseekradio.com as every week , he spoke mainly about the foreclosure and housing crisis ,
the problem is that people saw the houses as an investment not as a place to live explains Bob Chapman the international Forecaster , more than 10 million Americans are in dangher of losing their homes ...
Sunday, February 21, 2010
Gold is The Real Reserve Currency : Michael Levy
Saturday, February 20, 2010
Bob Chapman : It is Time to Buy gold now , we are heading towards a new Gold Rally
Bob Chapman on The Alex Jones 19 February 2010
Bob Chapman is back with Alex Jones speaking about the recent Austin IRS attack , and its repercussions on the Tea Party movement and the patriots movement , bob chapman also speaks about the global economic and politic situation in the world and in the united States in particular , and the recent gold price surge , Bob Chapman expects a new gold price surge for the next week
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
Friday, February 19, 2010
Privacy Policy
Update April 2009 - Privacy Policy
This blog uses third-party advertising companies to serve ads when visiting this site. These third parties may collect and use information (but not your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, you can visit Google's Advertising and Privacy page.
If you wish to opt out of Advertising companies tracking and tailoring advertisements to your surfing patterns you may do so at Network Advertising Initiative.
Google uses the Doubleclick DART cookie to serve ads across it's Adsense network and you can get further information regarding the DART cookie at Doubleclick as well as opt out options at Google's Privacy Center
Privacy
I respect your privacy and I am committed to safeguarding your privacy while online at this site http://economycollapse.blogspot.com The following discloses how I gather and disseminate information for this Blog.
RSS Feeds and Email Updates
If a user wishes to subscribe to my RSS Feeds or Email Updates (powered by Feedburner), I ask for contact information such as name and email address. Users may opt-out of these communications at any time. Your personal information will never be sold or given to a third party. (You will never be spammed by me - ever)
Log Files and Stats
Like most blogging platforms I use log files, in this case Statcounter. This stores information such as internet protocol (IP) addresses, browser type, internet service provider (ISP), referring, exit and visited pages, platform used, date/time stamp, track user’s movement in the whole, and gather broad demographic information for aggregate use. IP addresses etc. are not linked to personally identifiable information.
Cookies
A cookie is a piece of data stored on the user’s computer tied to information about the user. This blog doesn't use cookies. However, some of my business partners use cookies on this site (for example - advertisers). I can't access or control these cookies once the advertisers have set them.
Links
This Blog contains links to other sites. Please be aware that I am not responsible for the privacy practices of these other sites. I suggest my users to be aware of this when they leave this blog and to read the privacy statements of each and every site that collects personally identifiable information. This privacy statement applies solely to information collected by this Blog.
Advertisers
I use outside ad companies to display ads on this blog. These ads may contain cookies and are collected by the advertising companies and I do not have access to this information. I work with the following advertising companies: Google Adsense. Please check the advertisers websites for respective privacy policies.
Contact Information
If you have any questions or concerns please contact me at vtc.com@gmail.com This privacy policy updated February 2008
Dollar Rises on IMF Gold Sales, Fed Exit Strategy
Dollar Spikes, Euro Sinks Amid Fed Discount-Rate Move
Thursday, February 18, 2010
Bob Chapman : The Elite want to reduce the world population by up to 80%
Bob Chapman : we need to get rid of Campaign contributions , lobbying and executive orders together with the FED , otherwise America will slip into chaos and civil war
Bob Chapman on the sovereign economist 17 February 2010
Bob Chapman The International forecaster in this episode will speak amongst other things about the Greece economic crisis , its consequences for Europe and the Euro Zone , Bob Chapman explains the elites plans for a world government and a world currency and how they want to achieve that by bringing down all the known countries and nations we have on the map today ...The elite says Bob Chapman are planning a meeting like the one the Smithsonian in the early seventies currencies will all revalue and devalue against each other and they will attempt to form an international trading union ....the world elite have some nasty plans for the planet , and they won't hesitate to get rid of 60% to 80% of world population through manufactured viruses diseases and wars , warns Bob Chapman.....Greece and Dubai affairs are precursors to some big changes unfolding in the coming few years...
Wednesday, February 17, 2010
David Icke on One Radio Network - February 9th 2010
David Icke is an English writer and public speaker who has devoted himself since 1990 to researching what he calls "who and what is really controlling the world." David has written 16 books explaining his views, characterized as New Age conspiracism, and has attracted a substantial following across the political spectrum. His books have been translated into eight languages, he runs a website that receives 600,000 hits a week, and his lecture tours, during which he speaks for up to eight hours at a time, attracted audiences of 30,000 between 2000 and 2006.His 533-page The Biggest Secret has been called the conspiracy theorist's Rosetta Stone.
Listen to David as he explains what our reality is and how its distorted and some super info on how we can focus and see things for what they are not what 'they' have allowed us to see or how they have projected things they want us to see. The genie is led out of the box! David also offers a teaser about the immanent release of his new book which is going to be a big one!
Cohen of Goldman Sachs says Stock Market Likely Undervalued
Bob Chapman : 40 US States on the verge of collapse
The elite want to control the internet
The elite are trying to bring down countries and nations one after the other , and in the process get rid of some of what they call "useless eaters " , California's debt problems are even worse than those of Greece , California together with New Jersey and Michigan are bankrupt others will follow , all economies are coming down and in the same time we will have the elite going to attack Iran , , there is an escalation , the elite are escalating their war on people so that they can have their world government , now they are trying to shut down the Internet and impose a mandatory license for everyone who wants to access the internet....
Obama pushes nuclear power plan
Obama pushes nuclear power plan
The US President has announced funding for the country's first nuclear power plants in nearly three decades.Barack Obama is promoting nuclear power as part of his clean energy initiative.
He is offering federal loan guarantees for building two new reactors in the southern state of Georgia.
Al Jazeera's John Terrett reports. (Feb 17, 2010)
Tuesday, February 16, 2010
Euro Plunge Could Lead to Eurozone Break-Up
Euro's Recent Plunge Could Lead to Euro-Region Break-Up
Feb. 16 (Bloomberg) -- Bloomberg's Sara Eisen reports on the outlook for the euro. (Source: Bloomberg)Bob Chapman : The are Bringing down sovereign nations by bankrupting the , in order to establish the World Government
Monday, February 15, 2010
Indonesian rupiah will perform well says head of treasury at PT Bank Central Asia
Falklands Oil Search May Stir U.K.-Argentina Tensions
Bob Chapman : The Eurozone will breakup The Germans are tired of having to always bailout The PIIGS
Bob Chapman on the Gold and Silver Trading 12 February 2010
Bob Chapman The International Forecaster explains that The Eurozone will breakup it is not a question of if but of when , the Germans are tired of having to always bailout the rest of Europe while their economy itself is having problems ....., the only strong currency in Europe will be the German DM the Swedish and Norwegian coronas and the Swiss frank all the rest will have problems and slide in front of the dollar and gold
Mr. Bob Chapman , also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
Expect a Busy Week on Wall Street
US Dollar on the bull run specifically against the Euro and the Yen
Saturday, February 13, 2010
Australian Dollar Oversold Against Yen says Woolfolk
Friday, February 12, 2010
Bob Chapman : Southern California is going to turn into a zoo , with an unemployment of 30% armed gangs and illegal aliens
Bob Chapman Commercial Real Estate Crisis is just starting
Bob Chapman The International Forecaster will speak today about what's happening in the world in particular the real estate crisis in southern Spain and Portugal , Bob Chapman says that soon you will be able to purchase that Marbella villa that used to sell for half million dollar for around $100K cause the crisis is so deep and the Spanish banks like Banco Santander have flooded the country with debt since 30 years when Spain became a democracy after the Franco era , pretty much the same thing happened in Portugal and Greece ...
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
Silver Price to skyrocket Because of Its Shortage and multiple Industrial Uses
Money manager predicts the price of silver to skyrocket on industrial growth.
Tremendous Forex Opportunity in Shorting Euros
Betting against the euro on debt worries
The most popular trade at the moment is betting against the Euro , The Euro Yen Chart is a key to understanding world markets...Thursday, February 11, 2010
U.S. Foreclosure Filings Surpass 300,000 for 11th Month
Mortgage Investment, Industrial REIT Stocks
Thursday Midday Sector Laggards: Mortgage Investment, Industrial REIT Stocks
In midday trading Thursday, Mortgage Investment shares were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Hatteras Financial (HTS), off about 4.4% and shares of Brt Realty Trust (BRT) off about 4.2% on the day.
Stocks Soar on Greece Bailout and Jobless Claims falling
Stocks in U.S. Advance on EU Pledge to Help Greece
Feb. 11 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose to the highest level in a week after European leaders pledged to aid Greece and Philip Morris International Inc. announced a $12 billion share buyback. (Source: Bloomberg)
Scrap Gold Ohio Gold and Silver Refinery on CBS
Scrap Gold Ohio Gold and Silver Refinery on CBS
Richard Branson : The Oil crisis could be as bad as The financial crisis
Oil crisis could be as bad as financial crisis
The world is hurtling towards an oil crunch which will be as bad as the financial crisis unless urgent action is taken. That's the warning from business leaders in London, including Sir Richard BransonChina Oil Copper Demand Rise in Second Half
Bob Chapman After Greece Chaos wars totalitarian regimes and World Government , everything was carefully planed
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster..
The Inflationary Depression By Bob Chapman
The Inflationary Depression
By Bob Chapman
February 10, 2010 "International Forecaster" -- The inflationary depression still dominates and probably will continue to do so. In time the stimulus will fail to work and the world will slip into total insolvency and deflationary depression. The old M3 is about 3%, but we still have $23.7 trillion floating around. Not only is the US bankrupt, but also so is the rest of the world. It is now only a question of when the dominos will fall. It looks like the first wave in the collapse of the bear market rally is underway. Bonds will follow with higher interest rates and eventually commodities will be hit. Only gold and silver will survive, as the bankers and Wall Street complete their destruction of the world economy.
Holding currencies is also a loser. Eventually the best will fall to gold and silver. There is no possibility that quantitative easing can be curtailed and that means debt will continue to grow exponentially. By way of example in 2007 public debt as a percentage of GDP was 62% and this year it will be 94%; in England 44% to 82%; in the G-20 62% to 85%; in Europe an average of 63% to 85%, excepting Italy at 104% to 120%, and in Japan 188% to 227%. Over the next two years some of these nations are going to default, never mind Ireland, Greece, Portugal, Spain and Eastern Baltic Europe, which are well on the way to being basket cases. Due to current economic conditions these nations cannot generate revenue sufficient to even pay the service on the debt. Revenues are off 11% in the US and they are headed lower. In the President’s budget $100 billion is earmarked for incentives for job creation and $25 billion for the states that are generally incapable of even paying unemployment compensation. Forty states are on the edge of bankruptcy. The President wants to double the aid to education in a totally failed system. Governmental debt is growing at a rate of more than 20%. Then we can pencil in the bailout programs and the bankruptcy of Fannie Mae, Freddie Mac, Ginnie Mae, FHA, AIG and GM. The 19 major banks are still insolvent. They are all keeping two sets of books and mark-to- model, not to market. That means their assets are worth what they say they are. The collapse of the credit crisis is still underway. All the kings’ horses and all the kings’ men cannot put America back together again.
Read More