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
I wonder how dynamic the math is on that 670 billion. If it does not account for the further devaluation of our dollar the number will be much higher.
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Very disappointed to hear of Greece. I send many people to reduce the gold and silver, and Bob Chapman SI newsletter. Really poor condition of Greece.
ReplyDeletewhere is the proof it's 670 billion? all i hear from Bob is conjecture, and lately, he is wrong about everything
ReplyDeleteThe Fed’s recent campaign to raise interest rates has certainty been supportive of the dollar. But one has to ask at this late stage: How much higher can the Fed raise rates without tipping the U.S. economy into a recession and can our economy handle a recession at this point in our history?
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