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Post by unlawflcombatnt on Dec 9, 2006 15:22:39 GMT -6
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Post by xtra on Dec 24, 2006 20:09:09 GMT -6
I subscribed for years 5 years ago and my friend subscribed for years 25 years ago. (you can also listen to him on different shortwave and internet shows like RBN)
The only problem was Robert was saying the same thing 25 and 5 years ago and now.
The question is "when is the sky gonna fall."
If you predict it every year your eventually gonna get it right sooner or later.
Are we gonna go another 25 years before the bottom falls out.
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Post by unlawflcombatnt on Dec 27, 2006 1:31:28 GMT -6
I don't know how Chapman's forecasts have fared in the past. But his December 16th forecast, Train Wreck of the Week seems right on target. Below is a partial quote of the article: " Train Wreck of the Week
By Bob Chapman
December 16 2006
George W. Bush...[viewed] by the majority as an arrogant, incompetent lout.... George W. Bush has sold out Americans for the corporatist fascists behind the scenes who now control our country. This is the man who signed legislation for building a fence across our southern border and has absolutely no intention of building that fence. He intends to assist Republicans and Democrats to grant amnesty to more than 20 million illegal aliens knowing that 80% of Americans oppose amnesty....
George W. Bush has been instrumental in millions of Americans losing good paying jobs to offshoring and outsourcing, a process that guarantees us status as a Second Class Nation. We are also being stripped of industrial ability to engage in major warfare. Once the machine tool industry is gone, it’s over....
Recently the stock market averages have been acting unnaturally vaulting higher without so much as any correction. This has been triggered by a mysterious reduction in margin requirements for an already over-margined hedge fund community that has cranked up the markets since October. It is purely mystical why every time the equity markets look like they are set up for a downside correction, buying comes out of nowhere to drive the market back up. There are always mysterious buyers who appear at every correction juncture. We are sure the mystery buyers are our Working Group on Financial Markets and the Fed via the repo pool. If we did that we would go to jail.
Economists are wrong 2/3’s of the time because they must serve their employers. Employers do not want negative forecasts so economists and analysts give them what they want to hear. That is why today, as most of the time, economists focus on the positives of our economy. That is characterized by a pause in interest rates, a sharp fall in oil prices, liquidity beyond the dreams of a Sultan or a King and supposed tame inflation. It gets serious when you believe your own lies. A very small minority of economists see gross imbalances, structural distortions both economic and monetary, a debt implosion, a credit explosion on the verge of implosion, all of which, along with outsourcing and offshoring, undermine economic growth that has already put us into recession.
We have had seven months of falling indicators, a falling housing market, a falling dollar and an inverted yield curve. Real GDP has fallen from growth of 5.6% in the first quarter to 1.6% in the third quarter. We really do not believe that Mickey Mouse revision to 2.2%. The scale of the false boom will be reflected in the same magnitude to downside, if not greater. Credit is at the basis of the destructive process and the current credit and housing boom has been the most expansive in world history. That means the correction will be of Titanic proportions, nothing like anything the world has ever seen before. Who with any sanity can justify outstanding mortgages increasing from $4.8 trillion in 2000 to $9.3 trillion in 2006? In five years mortgage growth has equaled that of the entire earlier 50 years. Who can justify such madness?
This housing boom not only elevated the value of real estate – it allowed the withdrawal of equity, which kept the economy afloat and created even more debt. A side effect was savings went to a minus 0.5%. Homeowners may, because this boom lasted almost five years, believe it was normal when in fact it certainly was extraordinarily excessive. Normally there would be a real tightening of credit and as prices fell inventory overhang would be worked off not only in housing but also throughout the economy, unfortunately this time it is different. Those things will happen over a longer period of time and the correction will be deeper because the economy is correcting throughout and all sectors will be hit this time if for no other reason than there will be massive unemployment and an inability to service debt. The system has to be fully purged and it will be....
housing prices are not still rising.... lower prices of 10% to 30% are reality in the former hot markets. The volume is off 50% and the discounts do not show up in the price. We have a housing price hiatus bound by affordability and to some extent liquidity that will continue until rates move. If they move down the downward pressure on prices will dissipate and the economy will moderate its fall, but the dollar will collapse. That collapse will force rates higher again in a more meaningful way. Then the economy, housing and the dollar will become victims.
" It seems Chapman's predictions are very similar to those of Nouriel Roubini. I think they're both right on target.
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Post by xtra on Dec 28, 2006 23:38:37 GMT -6
well Bob said tonight 12-28-06 that gold will hit 1,700 to 2,600 in 2 years and silver will go through the roof. Gold will go to 6k an oz. in 3 years.
He also said that in the next 5 years one third will live on the streets, one third will be losing their houses and one third will be hiding.
This is, or could be true, but he has been saying this forever.
he said it on Radio Liberty with Dr. Stan. Look it up for yourself.
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Post by xtra on Dec 28, 2006 23:49:32 GMT -6
He says that money is no longer a long hold, and the government is our enemy. Bob says to get out of the dollar now.
He also says they are manipulating gold and silver and the government is lying about the unemployment system, and once unemployment hits 30+% shit will hit the fan. Burger flippin jobs just dont cut it anymore.
Bob also says buy guns and protect yourself against tyranny from this government and those that will steel your items.
this is the true IF. check it out. you can get a free copy at 800-375-3488
God bless and be warned.
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Post by unlawflcombatnt on Dec 29, 2006 16:45:34 GMT -6
I don't necessarily agree with every specific statement from Chapman, but I do agree with his overall big picture view. He says that money is no longer a long hold, and the government is our enemy. Bob says to get out of the dollar now. I certainly do agree that the Bush administration is our enemy. And I think the government is now largely controlled by Corporations and their lobbyists. As a result, I do believe that the government often works against the best interests of the majority of people, and for the benefit of the rich elite. Actually, I previously doubted claims of gold price manipulation for a long time. However, after reviewing the trend in gold prices vs. other precious metals, and the whole concept of bullion banks "loaning" out gold, I changed my views. It appears that gold prices are kept artificially low by both Central Bank sales and the sale of "virtual" gold to buyers. Or to put it differently, the increase in "supply" of gold by simply selling claims to gold that is already "owned" by someone else. Thus the supply of gold is increased by this virtual gold supply increase -- where 2 separate parties own claims to the same gold. The big picture result of this is that far more gold exists on paper than exists in reality. Thus the price-suppressing effect of increased supply is due to "paper" increases in the supply of gold, not increases in actual solid gold. Below is a copy of gold prices vs silver & platinum prices. Note the unmatched decline in gold prices from 1996 to 2003. I completely agree with him that the government is falsifying the unemployment numbers. (I've written a lot about this here and elsewhere) This has been done by artificially reducing the number of workers considered unemployed, by simply claiming they've dropped out of the workforce, rather than being truly unemployed. A reasonable estimate is that 4.3 million workers who are truly unemployed are not counted as unemployed. Instead, they've been reclassified as "not-in-labor-force," thus reducing the unemployment number by 4.3 million, and reducing the calculated unemployment number by roughly 3%. I think this is a very reasonable warning.
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Post by xtra on Nov 16, 2009 22:47:34 GMT -6
I was always a subscriber to the IF when it was 60,80,99, and 115+ a year until I couldnt afford it anymore. many things I sent him and even my personal stories appeared in his newsletter, which is more like a book. I would suggest to everyone to listen to him on RBN republicbroadcasting.org/?cmd=listenlive every tuesday at, I believe 300 pm mountain standard time and he is on many other patriot radio shows like www.infowars.com and www.americanvoiceradio.nethe has been doing these shows for years, and I respect him a lot. this is a new site I just came on too....take a look www.financialarmageddon.com/
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Post by xtra on Nov 21, 2009 21:38:30 GMT -6
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