GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, October 10, 2011

The American Banks are on the hook to the losses in the European Banks for about 670 billion dollars

Bob Chapman - Financial Survival - 10 Oct 2011

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

Gold prices recovering thanks to physical demand from Asia

Gold prices recovering thanks to physical demand from Asia especially China and India and a declining US Dollar , many experts have predicted that Gold and Silver have found a bottom at this level and are ready for a new rally that may take the prices of gold to $2000- $2500 before the end of this year , are the fundamentals are bullish for gold and silver , so ladies and gentlemen tighten your belts and get ready for a nice shoot up that may take us to Jupiter , I hope you have loaded up during this dip you may never see these low prices ever again ....

Bob Chapman on The Total Collapse for October 2011 as predicted by Gerald Celente

Bob Chapman : everything that you said is correct the only thing I cannot answer is Gerald' prediction , it is dangerous , I do not know when it is going to happen but it surely going to happen , if Greece gets some money it ill tide them may be 3 month may be six months do not forget they are broke , whatever they are going to do it is just not going to work , I have been at this for too long to pick a date Gerald Celente is may be right , Gerald is a nice person he is great at doing trends , we get each others publications and we converse by email occasionally I think he tries to do a very good job , and I wish he had not picked a date ....it is very difficult but with all that said everything the gentleman wrote is correct .....

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