Tracking Gold and Silver ,Investment banks wall street The economy the dollar gold silver coins bullion shares and stocks
Bob Chapman: Many US, UK and European Banks are Insolvent.... Greece is the experiment. They're gonna see how much shit those people can eat, then they're gonna liberate them with a loan when they turn to cannibalism and witchcraft - just short of them becoming self-sufficient.The AIG bailout was a pass through to those who bought credit default swaps (bets against the US housing market). The top 3 counterparties (beneficiaries of our tax money) of the AIG bailout were Goldman Sachs, Societe Generale, and Deutsche Bank. Also, Treasury Secretary, Hank Paulson, was former CEO of Goldman Sachs and sold $500 million in Goldman stock tax free when he took the job. He pushed the AIG bailout that went to Goldman Sachs' bets against our housing market and we paid for it.
The Chinese oligarchy is terrified of a revolution , it is a communist economy all the people who belong to the communist party have the best jobs and all the rest have not , China has its own problems as any other country for some strange reason people expect that China is immune from problems Bob Chapman explains .....the political class are a bunch of crooks regardless of their political affiliation
Bob Chapman : the long term problems plus the European debt problem have not even started to go away , they just have wasted 6 months doing nothing ....that what happens when you have piles of bureaucrats getting paid half a million dollars a year and the bankers who own them , the bankers who own the politicians in Europe and that's the kind of results you get , sooner or later the Euro is going to collapse ....so it is very bad for the DOW with the exception of gold and silver shares , you do not want to be in the stock market....
1/2 Bob Chapman - Talk to Solomon - 10.25.11 from Conservative Political Network on Vimeo.
John Stadtmiller, one of America's true radio trailblazers with his early creation of "Republic International" later renamed "Genesis Communications Network" and now the "Republic Broadcasting Network", the fastest growing truth radio station in the country. John's "National Intel Report" is hard hitting and to the point with information you won't find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the "National Intel Report" for the best guests, news and information!
Bob Chapman interviewed by Goldseek Radio on a weekly basis , to talk about the dire economic situation in many american states and cities , where homelessness and joblessness are exploding and people are stealing power copper cables everywhere , unemployment rates in some cities are as high as 40 percent , the American middle class is ben thrown to the dogs says bob Chapman and the political class has done nothing all they saved are the institutions the government and the banks
Bob Chapman : they are chasing their own tails , they keep on throwing money at the problems without solving them ....the inflation and jobless rates are higher than what the government admits , Social Security is not an entitlement people paid for it , instead of occupy Wall Street we should instead Occupy the FED , the people who finded Occupy Wall street are George Soros their solution looks like it was written by Karl Marx....
America is the most corrupt country in the world says Bob Chapman , most coin dealers have no business background they are only good salesmen ...
Bob Chapman : the British banks have the same problems as the rest of the European banks they are all bailed out that's why you have riots in there , JPM Chase and HSBC have already covered their shorts in silver , so except the silver price to shhot to the moon ...
Gold and Silver are pretty solid today , they know if the market goes down their goose is cooked , every risk to be taken they took it and look at the results , Dexia Bank just passed a stress test 2-3 months ago it shows you how valid theses tress tests are it is just another scam , a month from now Greece will be out of money , people in Greece may decide to not pay anymore taxes , The American Banks are on the hook to the losses in the European Banks for about 670 billion dollars , we are looking at a very very bad situation
