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, June 20, 2011

Bob Chapman - The Power Hour - June 20. 2011

Bob Chapman : The Stock Market may not rebound , the market has been kept at its current level by QE1 and QE2 and stimulus 1 and 2 otherwise it will be lower , there will be no stimulus 3 because the congress is going through the motion supposedly of austerity cutting things , but the FED will be purchasing treasury paper otherwise there is nobody else to do that , the market will probably go lower , if you are in the market the value of your portfolio will drop by around 20 percent , the longer term in the stocks is down the longer term in gold and silver is up , the shorter term in the Dollar is up says bob Chapman of the International forecaster


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