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Posts Tagged ‘Bob Chapman’

Nothing More Than Inflation, Voodoo Finance And Smoke And Mirrors

Posted by truthpills on 2009/03/03

By Bob Chapman
Posted: February 28 2009

Inflation and voodoo finance, smoke and mirrors, what destroyed our industrial base, negative GDP the reality, our economy now has been sacrificed by elitist manipulation, the policy bubble has now busted, the days of open ended expansion are now over, the list of problem banks soars, gold remains as the only real currency

The so-called greatest economic boom in history, which supposedly took place in the United States from the end of the early 1980’s recession to 2007, was nothing but an exercise in inflation and voodoo finance. It was a smoke and mirrors bull market based on Alice in Wonderland economics. The air is now being let out of the balloon as the man behind the curtain, the Fed Chairmen of that era, mainly ardent Illuminist Paul Volcker, and especially Mr. Bubbles, bonehead Alan Greenspan, are now being revealed to us as the Great Oz, who in the fairytale movie turned out to be a carnival barker and balloon rider from Kansas. How utterly appropriate. So, how low will we now go? Will it be all the way down to the Dow 1,000 of the early 1970’s? Will we ride our way down to the Dow 2,000 of the late 1980’s? Or will it be down to the Dow 3,000 of the early 1990’s? Already, the past 12 years of gains has gone up in smoke, and this is just the beginning.

During this so-called boom period, our industrial base was destroyed by free trade, globalization, off-shoring, outsourcing, and both legal and illegal immigration, and we went from being the greatest creditor nation on earth to being the greatest debtor nation on earth during the Bush-Clinton-Bush triple whammy! By what definition is that a boom?! A mighty nuclear wind, generated by the thermonuclear explosion of fraudulent weapons of mass financial destruction devised by the Puppet Masters who own Wall Street, has blown away the smoke and shattered the mirrors, laying bare the fraud and deceit perpetrated against the American public and the people of the world, a boom based on snake oil salesmanship by our government marionettes, corporate sociopaths and megalomaniacal, satanic trillionaire psychopaths, the Illuminati, who are sacrificing our economy, and other developed and emerging nation-state economies around the globe, on the alter of world government.

The tide of economic tomfoolery has gone out, and the fraud and malfeasance of our government, Wall Street and corporate America have been laid bare.

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World Financial System In A State Of Insolvency

Posted by truthpills on 2009/02/24

Posted: February 21 2009

Gold now represents a flight to quality, banks being nationalizied, financial system in a tailspin, the depression we are now in is stage 2, inflation is a hidden tax, dollar stability being debauched, China wants out of the dollar, stability of EU at risk, Dow hiding its worst stocks from its index, Hosing bubble now burst puts prices back in line with incomes,

The tenor of the gold market has changed. Gold has decoupled from the dollar and at the moment it is not driven by fear of inflation or hyperinflation, but by a flight to quality. What else can be expected when the media reports that governments are deliberately creating inflation to offset deflation? Jewelry demand that normally makes up 80% of gold demand has dropped and investment demand is what is now driving buying. SPDR Gold Trust, the ETF GLD, has added 200 tons of gold over the past six weeks and 62,000 ounces last week alone. We are very skeptical regarding GLD’s gold purchases due to a tight market and no reports of their purchases. They may be using derivatives illegally and if they are and the derivatives fail the owners of the fund will be left with little of their investment.

The US dollar is no longer the premier safe haven, gold is. Gold is finally being recognized as wealth insurance. It has also decoupled from the influence of oil and other commodities. Even Russia in the face of terrible oil prices and one devaluation after another has purchased 90 tons of gold over the past 15 months.

Banks are being nationalized worldwide and people are becoming frightened and well they should be. The world is facing a major depression and banks are broke and being nationalized, and this is only the beginning.

The global financial system is in a tailspin and world leadership in Europe, china, Japan and the US act like the situation is some temporary breakdown. The system is beyond saving and the elitists planned it that way.

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No TARP Can Mend the Economy Now

Posted by truthpills on 2009/02/19

Posted: February 18 2009
By: Bob Chapman

credit barely available, watch the fabric of our nation disappear due to policy, More money for the wealthy, more debt for everyone else, long time now since the top of the market, a purge should be part of the financial solution. expect a metals breakout,the promised change has not arrived,the reality of the stock market today is grim, SEC continues to work for Wall street and play down criminality

The masters of the universe flashing their Ivy League degrees and their doctorates led us to believe that there was nothing they couldn’t handle. They told us they had the experience and academic qualifications to reflate any unfolding bust. The result over the past 20 months has left us further in the hole than when we started.

Credit is barely available to the vast majority of borrowers and at usurious rates considering what banks are paying the Fed to borrow funds. Financial, monetary and economic solutions have not worked. The policy is the Treasury and the Fed throw money and credit at the mess they’ve created. All they have done is bail out the banking, brokerage and insurance communities to the detriment of everyone else. How can we expect the people who caused the problem to solve it? This is the group that created the greatest policy blunders of all-time. They have proven they are not masters of the universe, but boneheads.

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America Has To Come To Grips With The Fact It Is Bankrupt

Posted by truthpills on 2009/02/16

Posted: February 14 2009
By: Bob Chapman

We have been making good market calls, end the tax havens, bankrupt America, no solution from the banks, we believe the bailouts wont work, no return to confidence in the markets, re-inflation may be what will keep it all going,

We have been fortunate enough to make some important calls over the past ten years. The top of the stock market in early April of 2000; the beginning of the gold bull market in June 2000; 9/11 in November ten months before it happened; the Iraq and Afghanistan Wars; the beginning of the real estate bubble; the top of that market in June of 2005; the beginning of the subprime fiasco in 2006 and the beginning of the commercial real estate freeze. We also forecast the terrible financial conditions facing states and the freezing up of insurance and the municipal bond market. We called the recession in February 2007 and told readers to get out of the market at 14,000. That’s with the exception of gold and silver and oil shares. The recession was right on schedule. The depression that began two weeks ago happened quicker than we had anticipated, but it is here and now.

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Along With Everything Else Taxpayers Stuck With Billions In Losses

Posted by truthpills on 2009/02/09

Posted: February 7 2009
Bob Chapman

Ponzi, plans, and plunder, no magic wand from the Fed, investigative ineptitude at the SEC, Fed wont reveal its holdings, credit delinquencies to record highs, jobless rates on the rise, massive budget imbalances, California worst off of all states,

Obama’s stimulus plan, aka the Political Payoff Plan or PPP, together with the second half of the TARP, aka the Paulson Ponzi Plunder Plan or PPPP, will deliver a shot in the arm to our economy that will be both brief and shallow, sending us careening on our way to hyperinflation, which will deepen the depression we are already in by sending interest rates skyrocketing and killing off what little business activity remains. Interest rate swaps, with notional principal in the hundreds of trillions, will also implode at that time, administering the coup de grace to the world economy and financial system from which the Illuminati hope to form their one-world government, economy, currency, feudal society and religion.

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Acts Of Insanity Are What Destroyed The Economy

Posted by truthpills on 2009/02/06

Bob Chapman

February 4th, 2009: Just more Keynsianism in the works, health of banks getting worse despite injections, Why not just let them fail and prosecute their officers for fraud? no end to the bailouts, insane acts of economics, Davos a bust, the world will eventually move away from the dollar.

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