Monday, July 16, 2012

Bob Chapman : Inflation is around 7%

Bob Chapman : Anywhere between 5% and 8.25%. I would say around 7%. This went on 2.5 years ago when the government said that inflation was 5.5%, when in fact it was over 14%. It's two different worlds. The proof of that is when you see gold and silver run up like they did 2.5 years ago before deleveraging took place. These days gold and silver are again poking around new highs. That's a reflection of what buyers of gold and silver see coming. They're anticipating that there will be inflation, which is problematic because it steals purchasing power from the public.- in aureport

Sunday, July 15, 2012

Bob Chapman : The FED will buy back the toxic securities they bought from Banks

Bob Chapman : Well, we had an $868 billion stimulus package. The Federal Reserve then created enough money and credit to bring that package assistance up to somewhere between $2.3 and $2.5 trillion. For that, we had approximately 16 months of attempted recovery. During that period of time, five quarters averaged growth between 3% and 3.25%. I feel that was a very, very high price to pay for a relatively sideways movement in the economy. Now we're back to square one. The recovery is not continuing. The Federal Reserve is talking about more quantitative easing. They're talking about buying back the toxic securities they bought from banks at a price they won't disclose. That move essentially cleared up the banks' books but at the same time encumbered the Fed's books, which they're now going to unburden by selling the bonds back to the same people they bought them from. Now, we don't know what the loss factor is because they won't tell us, so we have to ballpark it. Out of this money that's coming and going they have to come up with a figure somewhere in the vicinity of $1.2 trillion. That's what they're going to use for this quantitative easing. - in theaurreport

Saturday, July 14, 2012

Bob Chapman : a lot of people dont know how to properly invest or trade

Bob Chapman : First of all, I found as a broker that a lot of people don't know how to properly invest or trade. Often brokers would have them trade; however it's not something average people normally do because they're not professionally trained. There are not a lot of people who can effectively trade and make money in the market. Perhaps 5% are successful. But I ran into a lot of people who wanted to trade, and I discouraged them unless they had years of experience. I said you've got to pick a trend. For example, we are now in a long-term bull market in gold and silver. I tell people to get in with a trend and stay with it as long as possible. People were losing money in the market because they weren't doing that. Consequently, I've been helping people set long-term investment goals. - in the aureport

Friday, July 13, 2012

Bob Chapman : The International Forecaster has been in production for over 20 years

Bob Chapman : The International Forecaster has been in production for over 20 years. It came about because I retired at 52 and being a "Type A" personality I found I couldn't live life without doing something with my mind. Playing golf and tennis everyday was a bore, so I started The International Forecaster. I had spent 28 years as a broker and owned my own firm for many years. I was probably the largest gold/silver stockbroker in the United States, perhaps even the world. We had 6,000 clients when we sold the company. I really enjoy writing and doing radio. Occasionally I'll do television. It really fits me. I should've been in journalism. But then again, what would've happened is that I wouldn't have had the background to be a good journalist. - in the aureport

Thursday, July 12, 2012

Bob Chapman : Preserve Your Capital with Gold, Silver

Bob Chapman : First of all, I found as a broker that a lot of people don't know how to properly invest or trade. Often brokers would have them trade; however it's not something average people normally do because they're not professionally trained. There are not a lot of people who can effectively trade and make money in the market. Perhaps 5% are successful. But I ran into a lot of people who wanted to trade, and I discouraged them unless they had years of experience. I said you've got to pick a trend. For example, we are now in a long-term bull market in gold and silver. I tell people to get in with a trend and stay with it as long as possible. People were losing money in the market because they weren't doing that. Consequently, I've been helping people set long-term investment goals. - in the aureport

Friday, July 6, 2012

Barclay Scandal Ultra Bullish For Gold Prices

Jeff Dunphy - Gold Radio Cafe - July 6, 2012 Barkley scandal added to more Quantitative Easing will boost the gold prices higher and higher

Financial SCANDAL: Bob Diamond CEO of Barclay, too old for PRISON? In this episode,Jeff Dunphy on Gold Radio Cafe discuss 'scandals' for the big guys, 'crimes' for the small fry and they also examine the worst businessman of the century.The interest rate rigging scandal at Barclay's, has led to a resignation of Chairman Marcus Agius, in an attempt to take the heat off of Bob Diamond, the companies CEO. The interest rate rigging scandal, has dealt a huge blow to Barclay's reputation and it is most likely, that other institutions, that were involved in the rigging process, will have to undergo scrutiny by the authorities. Barclays has officially admitted, that some of its traders have been manipulating the LIBOR rate, which is the benchmark for prices, on about $350 trillion of derivatives and other financial products. This new scandal is certainly not helping the banking industry, to redeem its reputation in our eyes, and investigations will continue into other major banks, such as Citigroup, HSBC, UBS and RBS.

Monday, July 2, 2012

In Memory of Bob Chapman

In Memory of Bob Chapman

Bob Chapman Passed Away this June 4th 2012 : Robert “Bob” John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker. Bob is survived by his wife, of 47 years, Judith “Judy” Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren. Committal services are Wednesday, June 6, 2012 at 1:00pm at Glen Abbey Memorial Gardens, Auburndale, FL

Saturday, June 23, 2012

Alfred Adask - Financial Survival - June 22, 2012

Melody & Alfred - Financial Survival - June 22, 2012 :

so it's Confirmed! NO QE3 yet! Operation Twist Extended.. Now what? The money supply can be expanded in a few other ways, so now while everyone is over here watching the QE sock puppet dance around to your left, the real show is happening on the right with all of the machinations I described below. Instead of a liquidity flood, its a steady trickle. Do we really want metals prices that have future money printing expectations priced into them? I think not. I think most metals holders really want a slow steady rise. I know that is what I want.

Gold Outlook after the FOMC Meeting by Puru Saxena

Puru Saxena of PuruSaxena Wealth Management & Chris Waltzek - June 21, 2012.

The Federal Open Market Committee (FOMC) is the policy-making arm of the Federal Reserve. It determines short-term interest rates in the U.S. when it decides the overnight rate that banks pay each other for borrowing reserves when a bank has a shortfall in required reserves. This rate is the fed funds rate. The FOMC also determines whether the Fed should add or subtract liquidity in credit markets separately from that related to changes in the fed funds rate. The Fed announces its policy decision (typically whether to change the fed funds target rate) at the end of each FOMC meeting. This is the FOMC announcement. The announcement also includes brief comments on the FOMC's views on the economy and how many FOMC members voted for and how many voted against the policy decision.

Sunday, June 17, 2012

Stephen Lendman Remembering Bob Chapman - June 7, 2012

Stephen Lendman of the Progressive News Hour Remembering Bob Chapman - June 7, 2012

Bob Chapman Passed Away this June 4th 2012 : Robert “Bob” John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker. Bob is survived by his wife, of 47 years, Judith “Judy” Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren. Committal services are Wednesday, June 6, 2012 at 1:00pm at Glen Abbey Memorial Gardens, Auburndale, FL. Share on facebook Share on twitter Share on email Share on print