Citibank and Goldman Sachs are shorting gold to see far it will go down , problems in Greece and Spain , gold coins with UN logo , future world currency dollar devaluation , debt settlement between nations , TARP , next stimulus package , many states California and Michigan on top of the list are running out of unemployment money and forced to borrow it ...and many more topics
Many of European PIGS countries may default , the PIGS stands for Portugal Italy Spain and Greece , these two last are in the very worst shape , Greece may eventuality leave the Euro in a couple of months , Bob Chapman inform us that all the paper currencies will lose value against Gold , people buy Gold because they have lost faith in the financial system...the whole thing will implode and we will have a hyperinflation Bob Chapman the International Forecaster added...The bad guys lost but they are not going to give up....Merry Christmas to all
In this episode Bob Chapman the International forecaster responds to Nouriel Roubini and all those who believe that the Gold is a bubble , then he touches a wide range of topics going from the global warming , / cooling , Goldman Sachs market manipulation , the usual Gold and silver prices and much much more....Bob confirms that it is going to blow up next year we are gonna see $3000 to $4000 an ounce for gold , then he explains how the doillar rally happened ....
Editor and publisher of The International Forecaster, Robert Chapman, talked about the latest developments in the economy as well as what may be coming in the future. Despite signs in the mainstream media that the economy is improving, Chapman had a darker vision of things to come. "The number of banks that we are being told, by the FDIC, that are in imminent danger are 552," he said, "my information is it's over 2,000." He speculated that in the next 18 months, the FDIC will "no longer exist." He put forth the idea that the financial crisis was caused not just by greed, but also the desire to weaken the United States and Europe to facilitate and implement a world government. (source Coast to Coast AM website)
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there will be no gold confiscation reassures Bob Chapman , the Gold should go back again after the manipulations from JP Morgan Chase , Bob Chapman questions that the IMF had any gold at all ,
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Alex talks with regular guest Bob Chapman about the economy. Chapman is the publisher of the International Forecaster, a former stockbroker and former editor and writer of the Gary Allen Report.
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Bob Chapman comes on the show for a short segment, and talks to jason about the coming boom in gold.Bob also outlines the future value of the dollar, and how this will push gold to it's $3,000 plateau.
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Bob Chapman explains the changes that are coming to banks in regard to mark-to-market rules. As of now, 11-24-09, mark-to-model rules are being used for reporting, which means banks can say a property is worth whatever they think it's worth, misleading investors and the public of their true worth. Chapman explains that in 2010 these rules are changing back to mark-to-market accounting, which means the "true" value will be revealed on their books since it is a "current" value of the assets.
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