Showing posts with label BOB CHAPMAN. Show all posts
Showing posts with label BOB CHAPMAN. Show all posts
Thursday, June 16, 2011
Sunday, March 27, 2011
Monday, November 29, 2010
World At A Boil With War And Economic Crisis
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| Order Out of Chaos |
International Forecaster
There is no question that the world is at a boil. Germany is drawing anger; N. Korea has attacked S. Korea; flaying about the FED’s Mr. Bernanke blames China for America’s sad economic and financial dilemma; five suits, class action and RICO, have been filed against JPMorgan Chase and HSBC for having manipulated silver prices and class actions are rumored to be in process for naked shorting, which has been rampant in the market for years, a felony hedge fund investigation of insider trading, which the SEC has absolutely refused to pursue. The US is still occupying Iraq and has a war raging in Afghanistan to protect the opium and marijuana crops, the largest in the world, which generate $300 billion in profits a year. Socialists, having recently relinquished power in the US House of Representatives are calling Republicans an axis of depression. The socialist, what they cannot control, they attempt to destroy. It reminds us of Italy’s communists.
The New Fed policy of QE2 is considered by US detractors to be a step too far. The Fed has entered the inner sanctum of realm of no return. If QE 2 and a hidden QE3 don’t work, then the monetary game is over. The Fed is in a desperate position and instead of letting depression take its course, the groundwork of which was caused by the Fed, Wall Street and banking, it is again rolling the dice intent on extending and buying time. If the Fed and its owners refuse to bite the bullet great inflation will ensue dependent on the size of QE2. If it were to stay at $600 billion inflation would increase. If the Fed is forced to increase the injection to more than $2 trillion there will be far more inflation. Unfortunately, we cannot depend on government statistics because government has a track record and propensity for masking the truth. There are those that believe that this is a monetary experiment and that it is not. What we are seeing has been tried in different forms for centuries, quite unsuccessfully. As a result, to thinking people, the Fed and Mr. Bernanke have lost most of their credibility, and that view is justified. Mr. Bernanke’s recent reference to “rebalancing the global economy” is just another effort to justify current monetary policy. What Mr. Bernanke is really advocating is a world balancing where countries with surpluses use those funds to assist those with deficits. He wants a global village where interests of individual countries must reflect the interests of the global economy as a whole. Of course, nowhere to be found is sovereignty in this planned redistribution of assets.
This is the same goop Treasury Secretary Mr. Geithner fed us at the G-20 meeting. The concept of lets all of us go bankrupt together, utopianism at its finest. Fortunately in both cases the concept of global rebalancing went over like a lead balloon. Any honest economist knows this is a rehash of flawed policy. When government and the Fed abandoned the gold reserve standard on august 15, 1971, they knew where this would all end up, but they did it anyway in their march toward a world financial order and world government. After that historic date there would be no return to sound money until the system was totally purged. We have heard the call for almost 40 years of the amalgamation of nations for the interest of all. Individual countries must sacrifice their interests for the entire global economy. this is why the Fed has deliberately accommodated monetary excesses since then.
We have written about this embarrassment of planned destruction for 45 years and until recently our thoughts were ignored. Thanks to talk radio and the Internet, that reaches the entire world, we are finding that more and more people are waking up to the truth. Since the 1980s we have had one fiscal and monetary crisis – one after another. Now that the world is beginning to discover what Europe and the US have been up to for years these internationalists now find themselves in deep trouble. Their real problem is too many people now know what they are up to.
China just injected $2.3 trillion into their economy to spur domestic demand and create jobs. The result has been funds flowing into the stock market, real estate and the general financial sector, which has created a misallocation of funds and leaping inflation. Bank set asides were just raised, but that has happened a little too late to escape some major damage. Chinese are traveling to Hong Kong from the mainland to shop because the cost of goods is 10% to 95% cheaper. The Chinese obviously went along with US ideas to inflate domestic demand by stimulating their economy, so that consumption and imports would rise. Thus, we see China is having some of the same problems the US is having.
Leaving china behind for a moment we have to deal with corporate fascist Keynesianism, which believe it or not is being called radicalism even in mainstream circles of economic and monetary management. They are finally realizing that the Fed has inflated markets worldwide. In addition, it has long been a government and Fed policy to manipulate securities markets worldwide and provide finance as well. The insider trading the Justice Department is pursing is an example, as well as the JPMorgan Chase/HSBC silver manipulation cases. As we said, next comes naked shorting and front running. Let’s hope somehow we can bring these sociopath criminals to justice and at least for a time have an honest system.
As a result the financial world has turned to gold, which is up 24% and silver up 65% this year.
Investors believe that the rescue of Ireland is a done deal – not so fast. The Irish are really irate at having to bail out the bondholders. As we said before this is all about the banks being bailed out by the taxpayer.
In the US aggregate household net worth is $12.2 trillion lower today than it was three years ago at its pre-depression peak, a horrible decline of 18.5%, all in order to bring about the conditions to implement world government. That is about $100,000 per household. That money is never coming back nor is what was once known as the American dream and way of life. Baby boomers see it coming and denial is grudgingly becoming acceptance. The ratio of household net worth to disposable personal income has gone from 639% to 472% and it is still plunging. The savings rate, out of fear has risen from minus 0.5% to 5.5%, but still has to double from here to help get the economy going again. At the same time the Fed and Treasury are telling Americans to take on more debt. Homeowners equity has collapsed below $7 trillion from $13.5 trillion, making the situation worse – employment is off 7.5 million and full-time jobs are off 10 million, the worst numbers in 11 years. Real unemployment is 22-5/8%.
If QE2 is terminated at $600 billion watch out, because the economy will head straight into a great dark pit. All the numbers we see are signaling a strong need for more than $600 billion.
Ireland’s government has collapsed as front page headlines in Dublin blare we were lied too. We saw the same thing come out of Greece and next is Portugal and then Spain. Debt is being restructured and it won’t last. Who wants to live in depression for 30 to 50 years, while bankers get richer and more powerful?
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Monday, November 22, 2010
Crisis of Fiat Currencies: US Dollar Surpluses Converted into Gold
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| Dees Illustration |
Bob Chapman -- Global Research
Something is going on that your government does not want you to know about. Very few journalists have written about it and little or nothing has appeared in the mainstream media. The story could be one of major stories of our time.
Western powers have tried to destroy gold as a backing for currencies for many years. Presently the major media won’t touch the story and that is understandable.
Something we have been writing about for years is the Shanghai Cooperation Organization known as SCO. Few have been listening and few have been interested in what their mission is and what they have been up to.
Some of the members are large oil producers and some, like China, are large oil users. Some have very large US dollar surpluses. As well, some are large commodity and gold and silver buyers. In fact, members are in a great part responsible for driving these prices higher. It is debatable, but we believe there is a conscious effort to accumulate gold and silver, dump dollars and to back their currencies with gold.
China and Russia are both large gold producers and for a number of years have been buying up domestic gold and silver production, so that it never reaches the market and does not affect prices. If anything the absence of sales tends to push the markets higher. As a matter of fact Russia and India are visible buyers. Even Iran with its oil surplus recently announced that they had purchased 340 tons of gold. Their recent gold purchases are very significant as affiliate members, which have access to the present and ultimate direction of the group. You might say buying gold has been a protective effort to shield members and close observers from the problems generated by dollar policies. They are accumulating gold, as many have been worldwide, for the past ten years, but particularly over the past few years.
This buying, for protection, has served to thwart the efforts of US policymakers, the Treasury, other central banks in Europe and the Fed, from being able to continue the blatant suppression of both gold and silver prices. The malefactors, except for forays into derivatives and futures, which are transitory, have lost control and suppression of gold and silver prices, and it is only a matter of time before all visages of any control will be visible. Since 1988, in August when Present Reagan signed the Executive Order creating, “the President’s Group on Financial Markets” and the subsidiaries that have grown out of that policy, that the Treasury won many if not most of the battles. The SCO in part changed that and now they and the public are winning the war for a fair and free gold and silver market. The current class action lawsuits, including RICO, are a testament to the market manipulation in silver, which is finally coming to an end. HSBC and JPMorgan Chase, the latter that is the major owner of the Fed, are going to be finally prohibited from rigging these markets. Their officers all belong in jail, but elitists never go to jail; they pay fines, and keep right on robbing the public.
China and Russia are both large gold producers and for a number of years have been buying up domestic gold and silver production, so that it never reaches the market and does not affect prices. If anything the absence of sales tends to push the markets higher. As a matter of fact Russia and India are visible buyers. Even Iran with its oil surplus recently announced that they had purchased 340 tons of gold. Their recent gold purchases are very significant as affiliate members, which have access to the present and ultimate direction of the group. You might say buying gold has been a protective effort to shield members and close observers from the problems generated by dollar policies. They are accumulating gold, as many have been worldwide, for the past ten years, but particularly over the past few years.
This buying, for protection, has served to thwart the efforts of US policymakers, the Treasury, other central banks in Europe and the Fed, from being able to continue the blatant suppression of both gold and silver prices. The malefactors, except for forays into derivatives and futures, which are transitory, have lost control and suppression of gold and silver prices, and it is only a matter of time before all visages of any control will be visible. Since 1988, in August when Present Reagan signed the Executive Order creating, “the President’s Group on Financial Markets” and the subsidiaries that have grown out of that policy, that the Treasury won many if not most of the battles. The SCO in part changed that and now they and the public are winning the war for a fair and free gold and silver market. The current class action lawsuits, including RICO, are a testament to the market manipulation in silver, which is finally coming to an end. HSBC and JPMorgan Chase, the latter that is the major owner of the Fed, are going to be finally prohibited from rigging these markets. Their officers all belong in jail, but elitists never go to jail; they pay fines, and keep right on robbing the public.
Other SCO members and observers are accumulating gold as well, be it in smaller amounts. We might add that other nations observing Russia and China and their gold purchases are buying as well. These participants must believe that there could be a return to sound money; otherwise they wouldn’t be gold buyers. Buying gold is certainly preferable to holding US dollars, which have consistently fallen in value versus other currencies over the past ten years. Then again all currencies have fallen versus gold over that period, some 19.6% annually. It is nice to see nations are finally waking up to the reality that fiat currencies will all over time deteriorate versus gold. The temptation is enormous to deficit spend.
The most interesting aspect of the SCO is that they do not strive for political agreement such as the European Union. They are interested in economic stability and development and security. There is no overall binding laws. Nations retain their sovereignty, which is the exact opposite of what the elitists in the US and Europe desire, and that is world government. The SCO has provided great flexibility something that is non-existent in elitist controlled countries. Another interesting facet is that the SCO probably represents half of the world’ population, far more than the US and Europe. As these nations accumulate gold so does some of their citizens, which puts strong upward pressures on gold prices on a continuing basis.
In addition some of these nations, such as China, are spending dollars by buying natural resources and other things in other nations in an attempt to relieve themselves of excess dollars earned in trade. Both Russia and China fully realize that the US dollar is in serious trouble and has been for a number of years due to fiscal debt and the unbridled creation of money and credit by the Federal Reserve. They well know the dollar is in serious trouble and what the outcome will probably be.
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Friday, November 12, 2010
TODAY ON THE ALEX JONES SHOW 11/12/10
TODAY ON THE ALEX JONES SHOW
- Wayne Madsen
Alex talks with Washington, D.C.-based investigative journalist, author and columnist Wayne Madsen about the mysterious missile that appeared off the coast of California. Madsen is a U.S. Navy veteran. He worked for RCA as a government consultant on contracts for the National Security Agency and later worked for the Navy's Naval Data Automation Command as a civilian employee and at the State Department. Since 2005, he has worked as a freelance journalist and blogger and currently edits theWayne Madsen Report. Alex also talks with regular Friday guest Bob Chapman of the International Forecaster about the economy and other news items. Alex takes your calls and covers the latest news.
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Friday, November 5, 2010
TODAY ON THE ALEX JONES SHOW 11/05/10
TODAY ON THE ALEX JONES SHOW
- Gary Franchi
Alex welcomes back to the show Gary Franchi, producer of Enemy of the State: Camp FEMA Part 2
, the follow up to Williams Lewis' eye-opening documentary, Camp FEMA: American Lockdown
. Franchi is a Chicago-area native and host of The Reality Report. Gary helped Aaron Russo found Restore The Republic in 2007. Alex also talks with regular Friday guest Bob Chapman of the International Forecasterabout the economy and the Fed's decision to unleash QE2. Alex also covers the latest news and takes your calls.
, the follow up to Williams Lewis' eye-opening documentary, Camp FEMA: American Lockdown. Franchi is a Chicago-area native and host of The Reality Report. Gary helped Aaron Russo found Restore The Republic in 2007. Alex also talks with regular Friday guest Bob Chapman of the International Forecasterabout the economy and the Fed's decision to unleash QE2. Alex also covers the latest news and takes your calls.Fresh food that lasts from eFoods Direct (Ad)
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It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Friday, October 29, 2010
TODAY ON THE ALEX JONES SHOW 10/29/10
TODAY ON THE ALEX JONES SHOW
- Kevin Bracken
Alex talks with the Victorian Trades Hall president, Kevin Bracken, who has sparked controversy for his comments that the September 11, 2001, attacks were a conspiracy and not the result of terrorist activity on the part of Muslim cave-dwellers. Bracken is also the secretary of the Maritime Union of Australia. “In my mind the buildings were imploded," Bracken said during an appearance on the Jon Faine radio program earlier this month. Alex also talks with regular Friday guest Bob Chapman of theInternational Forecaster about the economy and related issues. Alex covers the news and takes your calls.
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It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Saturday, October 23, 2010
TODAY ON THE ALEX JONES SHOW
TODAY ON THE ALEX JONES SHOW
- Lt. Col.
Anthony Shaffer
Alex talks with intelligence officer Lt. Col. Anthony Shaffer who has says that the U.S. Defense Intelligence Agency failed to properly evaluate intelligence on supposed 9/11 hijacker Mohamed Atta. Shaffer's allegations subsequently became known as the Able Danger controversy. In September, it was reported that the Pentagon had destroyed 9,500 copies of Shaffer's book Operation Dark Heart
. Shaffer currently serves as the Reserve G6 Assistant Chief of Staff, Communications and Technology of an Army Reserve division. He received his B.A. in political science and environmental studies from Wright State University in 1986. Alex also talks to regular Friday guest Bob Chapman of the International Forecaster about the economy and other issues. Alex covers the latest news and takes your calls.
. Shaffer currently serves as the Reserve G6 Assistant Chief of Staff, Communications and Technology of an Army Reserve division. He received his B.A. in political science and environmental studies from Wright State University in 1986. Alex also talks to regular Friday guest Bob Chapman of the International Forecaster about the economy and other issues. Alex covers the latest news and takes your calls.Fresh food that lasts from eFoods Direct (Ad)
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It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Friday, October 1, 2010
TODAY ON THE ALEX JONES SHOW
TODAY ON THE ALEX JONES SHOW
- Mike Adams
Alex talks with the Health Ranger, Mike Adams, in-studio. Adams, a former high-powered software executive, began his mission as the Health Ranger in response to his own failing health. He is the founder of NaturalNews.com, an online news source covering all areas of personal and planetary wellness from nutrition to renewable energy. Mike has written thousands of articles and built a following of over 800,000 people across the globe. Adams also founded a non-profit organization, The Consumer Wellness Center, an online retail center, Better Life Goods, and the popular publishing company, Truth Publishing. Mike speaks frequently at national and local gatherings like the Amazon Herb Summit and the Raw Foods Challenge in Los Angeles. Alex also talks to regular guest Bob Chapman of the International Forecaster about the economy and related issues. Alex covers the latest news and takes your calls.
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It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Saturday, September 25, 2010
TODAY ON THE ALEX JONES SHOW
TODAY ON THE ALEX JONES SHOW
- Daryl Metcalfe
Alex talks with Daryl Metcalfe, member of the Pennsylvania House of Representatives, who demanded answers from the Rendell administration on why a taxpayer-financed bulletin produced by an Israeli company and intended to identify terror-related threats included two Second Amendment rallies he organized this year. The company, the Institute of Terrorism Research and Response, said militia groups planned to attend one of the rallies and police would need to use "crowd control" against the participants. Alex also talks with regular guest Bob Chapman of the International Forecaster about the economy and other issues. Alex covers the latest news and takes your calls.
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It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
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