BNN host a 9 min discussion on the alleged manipulation of the silver market following Bart Chiltons comments
Friday, October 29, 2010
Bob Chapman on The Alex Jones Show - Fri 10.29.2010
Alex Jones talks with regular Friday guest Bob Chapman of the International Forecaster about the economy and related issues. Alex covers the news and takes your calls.
Bob Chapman wrote on the International Forecaster of the 27th Oct 2010 : "......Most people do not realize, unless they are victims that the first 50% and then 85% of Social Security benefits are subject to taxation. In 2000, just 22% were above that level. It is now 39%. In 50 years, 85% will be taxed. Where we ask is the tax revolt? By that time the age to collect SS will be 70. By that time taxes on the wealthy will rise from 39.6% to 36% for the top two brackets. In just ten years those in the 15% bracket will graduate into the 25% bracket. The 28% group will be in the 36% bracket. Is it any wonder there is an exodus of citizens from America to foreign places with more forgiving tax rates? Incidentally, they won’t be going to Europe where rates are 70%, if you include the VAT, the value added tax. That legislation holds, health care reform, 16-tax increase for those of you who were not paying attention......"
Bob Chapman wrote on the International Forecaster of the 27th Oct 2010 : "......Most people do not realize, unless they are victims that the first 50% and then 85% of Social Security benefits are subject to taxation. In 2000, just 22% were above that level. It is now 39%. In 50 years, 85% will be taxed. Where we ask is the tax revolt? By that time the age to collect SS will be 70. By that time taxes on the wealthy will rise from 39.6% to 36% for the top two brackets. In just ten years those in the 15% bracket will graduate into the 25% bracket. The 28% group will be in the 36% bracket. Is it any wonder there is an exodus of citizens from America to foreign places with more forgiving tax rates? Incidentally, they won’t be going to Europe where rates are 70%, if you include the VAT, the value added tax. That legislation holds, health care reform, 16-tax increase for those of you who were not paying attention......"
BBC Interviews Adrian Douglas
Bullion Bulls Canada this week did its first Internet radio interview -- with GATA board member Adrian Douglas, who explained how the London gold market each day sells net claims to far more gold than is available to meet those claims and how this creation of vast amounts of paper gold is the primary mechanism of gold price suppression.
Toon Van Beeck, Trading Gold Post-GDP
NEW YORK (TheStreet) -- Toon Van Beeck, senior analyst with IBISWorld, details the effect Friday's GDP report is having on gold prices and how to trade ahead of next week's FOMC meeting.
Bob Chapman the Bankers made outsized profits via fraud
Bob Chapman on A Marines disquisition, 28 oct 2010
Bob Chapman wrote in the International Forecaster of the 27th Oct 2010 ...."...Bankers made outsized profits via fraud. The question now is, who is going to jail? Government will jail the little guys as always and the big fish will swim away. Let’s hope this time it is different.
Even the NY Fed wants to financially pursue Bank of America and Fannie Mae and Freddie Mac want to pursue Wells Fargo for burying them with toxic waste known as CDOs, ABS and MBS. If many mortgages are forced back to the creators, that will force the banks into insolvency or another public bailout, we will call TARP2. This kind of action will send the public into spasms and it could lead to major demonstrations. They are sick and tired of the financial world being bailed out and the public getting nothing. ...."
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