Scams And Bailouts The Cause of World Depression ~ Bob Chapman

peaceandlove · 07-25-2009, 05:14 AM

Scams And Bailouts The Cause of World Depression

Bob Chapman
Posted: July 23 2009

economic destruction of America a real threat, debts too massive for paper to absorb, mysteries still surround Madoff, the Goldman scam, 57 banks have now gone under this year, families struggle to pay college bills, TARP a mystery to taxpayers, no stability at AIG, jobless benefits drying up for workers

The US Illuminists are gambling big. This is the most dangerous part of their strategy, namely, how to take down America and the dollar without destroying themselves in the process, both financially and politically. They are going to get smoked. Even now the stock, bond and commodities markets are spiraling out of their control, and their new outrageous salaries and bonuses are about to be debauched as they are left holding the bag with huge positions in dollar-denominated paper assets. They will try to dump this paper without sending gold and silver on a moon-shot, but they are doomed to failure. The amounts of paper assets and debt are simply too massive, and the commodities markets and other tangible assets are too small to absorb these gargantuan sums of money and credit without exploding to the upside. Just keep buying gold, silver and their related shares on the dips, and you just can't lose in the long term. The trend is your friend. Gold and silver are trending up, and stocks, bonds and derivatives are trending down - way down!!!

Continues: http://www.theinternationalforecaste...rld_Depression

peaceandlove · 07-30-2009, 08:54 PM

Causes of Depression Yet To Be Addressed

Bob Chapman
Posted: July 30 2009

More disruptions for the US dollar and UK Pound, international financial system too weak, GDP numbers are phony, more devaluation and default, Globalization a disaster, Purging the system still a good idea, Abolish the Fed, Gold and Silver your only safe haven, What can the market possibly do under such stress?....

As we enter August we are getting closer and closer to real disruptions with the US dollar, as well as problems with the British pound, as both economies feel the sting of rising inflation within a progressive depression. The stimulus package has exhausted itself for this year so the economy in the US can at best stay neutral at a minus 4% of GDP.

The causes of our depression have yet to be addressed as the Treasury and the Fed flood banking, Wall Street and insurance companies with funds to keep them afloat. The deterioration continues unabated as Wall Street and banking report higher earnings by laying off workers and by playing accounting games.

US debt is on it way to causing a retest of USDX to 71.18. The will cause higher interest rates. There will be a furious effort to re-liquefy the US economy causing ever more inflation. The entire international financial system is in no condition to meet such a challenge. The US Treasury is so busy trying to find buyers for Treasuries they have little time to solve anything, as unemployment at 20.5% throttles the nation. The economy is not going to recover by saving the anointed few in banking and Wall Street. Americans and Brits are no longer buying the ridiculous fairy tale of green shoots. People are catching on that the economy and the markets are being temporarily rigged. By the end of October we believe banks in the US, UK and Europe will be in serious trouble again. That should really knock markets and the world economy to new lows. It could also corrupt any improvement in GDP anywhere. The problems of 2007 and 2008 will return, because the facade of the public bailout of banking and Wall Street will crumble again. Further impoverishment is on the way. More and more will be laid off and they'll be no new jobs available. Savings will be exhausted and most homes that have been financed will be under water.

Continues: http://www.theinternationalforecaste...o_Be_Addressed

07-25-2009, 05:14 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Scams And Bailouts The Cause of World Depression ~ Bob Chapman Scams And Bailouts The Cause of World Depression Bob Chapman Posted: July 23 2009 economic destruction of America a real threat, debts too massive for paper to absorb, mysteries still surround Madoff, the Goldman scam, 57 banks have now gone under this year, families struggle to pay college bills, TARP a mystery to taxpayers, no stability at AIG, jobless benefits drying up for workers The US Illuminists are gambling big. This is the most dangerous part of their strategy, namely, how to take down America and the dollar without destroying themselves in the process, both financially and politically. They are going to get smoked. Even now the stock, bond and commodities markets are spiraling out of their control, and their new outrageous salaries and bonuses are about to be debauched as they are left holding the bag with huge positions in dollar-denominated paper assets. They will try to dump this paper without sending gold and silver on a moon-shot, but they are doomed to failure. The amounts of paper assets and debt are simply too massive, and the commodities markets and other tangible assets are too small to absorb these gargantuan sums of money and credit without exploding to the upside. Just keep buying gold, silver and their related shares on the dips, and you just can't lose in the long term. The trend is your friend. Gold and silver are trending up, and stocks, bonds and derivatives are trending down - way down!!! Continues: http://www.theinternationalforecaste...rld_Depression

07-30-2009, 08:54 PM	#2
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: Scams And Bailouts The Cause of World Depression ~ Bob Chapman Causes of Depression Yet To Be Addressed Bob Chapman Posted: July 30 2009 More disruptions for the US dollar and UK Pound, international financial system too weak, GDP numbers are phony, more devaluation and default, Globalization a disaster, Purging the system still a good idea, Abolish the Fed, Gold and Silver your only safe haven, What can the market possibly do under such stress?.... As we enter August we are getting closer and closer to real disruptions with the US dollar, as well as problems with the British pound, as both economies feel the sting of rising inflation within a progressive depression. The stimulus package has exhausted itself for this year so the economy in the US can at best stay neutral at a minus 4% of GDP. The causes of our depression have yet to be addressed as the Treasury and the Fed flood banking, Wall Street and insurance companies with funds to keep them afloat. The deterioration continues unabated as Wall Street and banking report higher earnings by laying off workers and by playing accounting games. US debt is on it way to causing a retest of USDX to 71.18. The will cause higher interest rates. There will be a furious effort to re-liquefy the US economy causing ever more inflation. The entire international financial system is in no condition to meet such a challenge. The US Treasury is so busy trying to find buyers for Treasuries they have little time to solve anything, as unemployment at 20.5% throttles the nation. The economy is not going to recover by saving the anointed few in banking and Wall Street. Americans and Brits are no longer buying the ridiculous fairy tale of green shoots. People are catching on that the economy and the markets are being temporarily rigged. By the end of October we believe banks in the US, UK and Europe will be in serious trouble again. That should really knock markets and the world economy to new lows. It could also corrupt any improvement in GDP anywhere. The problems of 2007 and 2008 will return, because the facade of the public bailout of banking and Wall Street will crumble again. Further impoverishment is on the way. More and more will be laid off and they'll be no new jobs available. Savings will be exhausted and most homes that have been financed will be under water. Continues: http://www.theinternationalforecaste...o_Be_Addressed