"Something Very Bad Is Looming" BOB CHAPMAN "You Have Been Warned"

[peaceandlove]

Right, we all know that...

THE PLOT THICKENS !!!

Accept or Reject...

Delusion or Illusion...

Pick your Preference

CONUNDRUMS ABOUND



Gold To Stand Against Big Devaluations

Posted: May 30 2009
Bob Chapman

threats of devaluation and harder times are to be considered seriously, big players have reasons to acquire more gold, Large gold holdings have a history of their own, China caught in a dollar trap, Russia in an oil trap, America in a debt trap

What we are about to tell you may be the most important information that we have imparted in almost 50 years. something very bad is looming – we don’t know the exact configuration yet, but we think the key is the collapse of the dollar, which will send gold and silver to considerably higher prices. These events could unfold over the next 2 to 4 months. There could be devaluation and default of the US dollar and American debt. You must have at least a 6-month supply of freeze dried and dehydrated foods, a water filter for brackish water, and assault weapons with plenty of ammo and clips. You should put as much of your wealth as you can in gold and silver coins and shares. You should not own any stocks in the stock market except gold and silver shares, you should not own bonds the exception being Canadian government securities, you should not own CDs, cash value life insurance policies and annuities. And, needless to say, except for your home you should be totally out of real estate, residential and commercial because it will remain illiquid for many years to come. Continue to pay your normal debts down because we do not know how they will be treated when we arrive at devaluation and default. We certainly don’t want to have to tell you this, but the way things are shaping up it doesn’t look good. As we write this the dollar is breaking 80 on the USDX. Interest rates are climbing, and have broken out to the upside. Gold and silver are poised to break into new high territory and the stock market is preparing to retest 6,600 on the Dow. You have been warned, act accordingly.

The Chinese and Russians are the laughing stock of the US and European Illuminists at the G-20 meetings concerning talk about a new world reserve currency to supplant the dollar.

Continues: http://theinternationalforecaster.co...g_Devaluations

SEE AUDIT AND END THE FED HR1207 THREAD, SEE WHO NEEDS TO BE URGED TO SIGN THE BILL, POSTED TODAY ~ POST #57: http://projectavalon.net/forum/showt...t=11766&page=3

[14 Chakras]

nice...

[Myplanet2]

That's a very interesting article. He's talking about a LOT of gold there.

It makes me wonder if anyone has managed to ferret out any sort of a history of all these moves and outright thefts of large quantities of gold?

those PTB's have a lot to answer for.

[greenelephant]

I have a few statements to make here. When the 'BIG' collapse happens and gold and silver prices adjust here the scenario I see.

For me to liquidate my 10kg of gold lets say. Someone or some organisation is going to have to accept liability for the gold which at that time will be a very high price.

What im saying is I imagine there are a lot of people out there who are seeing the same solution in regards to gold and are hoarding it. well once the collapse happens someone or some organisation will have to accept and 'pay' for the gold.

So my question is then ... 'Who's going to buy it?'

I fear you may have a high price commodity when the time comes that you cant do anything with

Am I getting or missing the point here? Are you talking about how to make a good return on gold or simply have it as a bartering tool once collapse occurs?

[Jonathon]

Depends on whether the market is still open and intact. If it is, then selling will be no problem... just make sure you do it on the way up. If you hypothesize that the market may vanish altogether (complete collapse) never to return, then you are better off with common commodities you can trade like liquor, cigarettes, food, water, fuel, feminine hygiene and deodorant/soap =)

[peaceandlove]

from BOB CHAPMAN

Profits Privatized and Losses Socialized

Posted: June 13 2009

How much longer for USD as world currency? moral abdication enables collapse of dollar, hyperinflation, china to be in a currency war, more money being created out of thin air, experts have reasons for their pessimism, default swaps were never understood by regulators,

The big question is how long can the dollar last as the world’s reserve currency? Needless to say, that is not an easy question to answer. We recently called the top on the dollar at 89.50 on the USDX. The USDX is six currencies versus the dollar on a weighted basis. More than a year ago the dollar hit a low on the USDX at 71.18. A phenomenal rally ensued from that level expedited by de-leveraging and the closing out positions within the carry trade. A good example of the carry trade was when a bank in NYC borrowed yen. At ½% interest, sold the yen for dollars and bought dollar denominated securities.

All of that is now history as the dollar comes under increasing pressure. We believe the dollar could test 71.18 this year. We also believe the dollar could break down to 40 to 55 over the next few years. The collapse of the dollar is certain. The Treasury and the Fed have committed the American taxpayer to $13.8 trillion of debt and before the dollar goes where it is ultimately going that figure could reach $30 trillion.

In modern times such fiscal and monetary irresponsibility is unparalleled. This abdication of moral responsibility has already begun the process of dollar deterioration and rising interest rates. The result will soon be hyperinflation.

The collapse may be disastrous for all countries, but it is going to be equally disastrous for the corrupt who have brought us to this sad situation. Hopefully as painful as it will be it could create many new opportunities for some. One thing we see as certain is that the elitists will find themselves targets of civil and criminal charges and targets of contempt and derision. The new world order they so arrogantly and confidentially predicted with one world government will again have been a failure.

Continues: http://theinternationalforecaster.co...ses_Socialized

[oldpaganfreak]

i don't know of bob chapman. does anyone know his credentials?

[Dantheman62]

Here it is, if this is the same Bob Chapman.....................

Mr. Chapman is 72 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.

From 1962 through 1976 he specialized in South African gold shares. He and his family lived in Salisbury, Rhodesia (now Harare, Zimbabwe) and Johannesburg, South Africa from 1970 to 1973. During that time he did a great deal of further study into the South African mining industry.

Mr. Chapman belonged to The Traders Association for 25 years. He did all his own trading. During his South African years some was done directly through Johannesburg, but 95% was done through London brokerage firms. Hence, he has extensive contacts, both in London and on the Continent.

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 1976, after the Soweto riots, Mr. Chapman began buying North American shares exclusively for his clients. Up to that point only a handful of American and Canadian issues interested him, due to the high dividends the South African shares had paid out over the years. Between 1976 and 1988 his business surged from 1,000 to 6,000 clients, so the bulk of his business ended up being Vancouver Stock Exchange issues. For this reason he is very conversant with the quality of management, geologists, properties and traders on today’s North American scene. He is well known.

From 1976 to present he has spoke and given workshops at over 200 business conferences worldwide, and has been on radio and TV hundreds of times. Until his retirement he was always judged by the attendees to be one of the top three speakers and never once was lower than first in workshops due to his vast knowledge of the mining business and his grasp of worldwide financial markets and political scenes.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.

http://www.theinternationalforecaster.com/Bob_Chapman

[peaceandlove]

The Fed The Ultimate Zombie

Posted: June 24 2009
Bob Chapman

Mistakes of and good intentions of Lincoln and Kennedy, As the Fed absorbs the toxic waste of its friends, it becomes a zombie bank in its own right, the perils of printing the dollar, the deliberate march to the destruction of the dollar,

This idea of a non-bank currency issued directly by a government free of any interest burden is along the lines of what Presidents Lincoln and Kennedy did, and tried to do, respectively, for the US. Their boldness in promoting the welfare of US citizens cost them their lives. They did not want to become interest slaves to a private national bank, and chose to issue our own official currency directly from our Treasury Department free of the interest burden imposed by a privately owned, debt-based, European-style fractional reserve banking system, which is what our Founding Fathers fought a war to free themselves, and their posterity, from.

Excerpt:

The Fed will continue to absorb the toxic waste of its member banks, setting itself up as the ultimate too-big-to-fail zombie financial institution which is now helpless to stop the oncoming hyperinflationary freight train because all its assets are unmarketable cess pools of toxic waste that no one in their right mind would purchase for more the 10 cents on the dollar. Thus, the Fed has been intentionally disabled from fighting against the inflationary consequences that will result from the rampant spending and bailouts that are now ongoing right before your eyes. The Fed has been hamstrung so that hyperinflation can be assured. They can no longer suck money out of the system because the value of their assets is laughable.

Continues: http://theinternationalforecaster.co...ltimate_Zombie

[peaceandlove]

Fed And Treasury Exposed To Economic Upheavals

Posted: July 11 2009
Bob Chapman

Declines the story of recent months, Treasury runs short of covering its deficit, government says one thing and does another, Shrinkage in the economy met with excess supply in retail, credit standards now tightening, monetization not providing expected results

The latest Treasury auction of $19 billion of 10-year notes was at a yield of 3.365%. The bid to cover was 3.28 to 1, the highest ever. This was the third of four sales this week totaling $73 billion.

Consumer credit fell $3.23 billion in May, as credit fell 1.5% to $2.5196 trillion from $2.522 trillion in April. Four monthly declines matches June-December of 1991. Big loans fell $400 million, or 0.3%. Revolving credit fell $2.9 billion, or at a 3.7% rate.

We are now almost six months into the depression approaching a 1932 scenario. America is now the world’s biggest debtor. The US has had a fiat currency for 38 years and major trade deficits for more than 30 years. Is it any wonder we are in depression? Is it any wonder the dollar is under pressure even though our government supports it at every turn in the market?

The world is looking aghast at the dollar as the Treasury runs short of money to fund its deficit beyond revenues of $1 to $3 trillion and as the Fed monetizes trillions of dollars. What would you think if you had 64.5% of your foreign exchange in US dollars? That is almost $1.8 trillion. Some of these buyers have ceased buying and if that continues interest rates will head higher and the cost of carrying such debt will increase. As a result the dollar, of course, would move lower.

Higher yields on 10-year T-bills translate into higher mortgage rates as real estate inventory continues to grow, a terrible formula for the economy.

Continues: http://theinternationalforecaster.co...omic_Upheavals


Obama Presiding Over The Bankruptcy Of The United States

Posted: July 8 2009
Bob Chapman

Fed won't say what it is paying for CDOs, Bankruptcy growth, investigators start down Madoff Money trail and discover they are in Austria, pace of the economy continues to slow, Greenspan talks smack about the economy and little else, Revenues fall while spending increases

The Obama administration may start its program to spur purchases of mortgage-backed securities from banks with about $20 billion in public and private money, down from as much as $100 billion when the effort was announced in March, sources said. The Treasury Department will pro vide about $1.1 billion in capital to eight to 10 money managers it will select for its Public-Private Investment Program.

[It is interesting that no mention is made of the fact that the Fed is creating (monetization) $3 trillion to purchase US Treasuries, Fannie Mae and Freddie Mac bonds and CDO toxic waste from banks. The Fed will not tell us what they are paying for the CDOs and part of the game is that the banks rotate the money into Treasuries, a sweet little daisy chain. As you can see, the Treasury might get an additional $20 billion into CDOs. We don’t see it happening. The private interests don’t want to get involved. Bob]

US consumers made 675,351 bankruptcy filings in the first half of 2009, a 36.5 percent increase from a year ago, according to the American Bankruptcy Institute. June filings by consumers totaled 116,365, up 40.6 percent from the same period in 2008, the ABI said.

Continues: http://theinternationalforecaster.co..._United_States

I turned off after the suggestion of buying gold "paper" that is the worst advice I've heard. Does the term manipulation of the market mean anything to people anymore. Holding of actual gold and coiins is a risk but probably safer than any other form of investment.