Showing posts with label Euro Collapse. Show all posts
Showing posts with label Euro Collapse. Show all posts

Friday, July 16, 2010

An Excerpt From Bob Chapman's "The International Forecaster" Both In Europe and in the US the Markets will go down soon

http://theinternationalforecaster.com/International_Forecaster_Weekly/White_House_Pushes_for_a_Wall_Street_Overhaul
Both In Europe and in the US the Markets will go down soon says Bob Chapman The International Forecaster the rally in the dollar is over, they will take down the banks one after the other and then they will nationalize them explains Bob Chapman , The European countries will go back to their former national currencies ..the Euro will be History......excerpt from the international forecaster of 14 July 2010 : The U.S. trade deficit hit its widest level in a year and a half, as increased imports from China more than offset growth in exports, an imbalance that is weighing on the tepid economic recovery.


The U.S. trade deficit, the difference between exports and imports, increased 4.8% to $42.3 billion in May, the Commerce Department said Tuesday. That was the widest since November 2008. April's trade gap was revised upward from earlier estimates.
U.S. exports grew 2.4% to a 20-month high of $152.3 billion. Imports grew faster, expanding 2.9% to $194.5 billion."

Friday, June 25, 2010

Russia Today: The Max Keiser Report - Keiser Report №54: Markets! Finance! Scandal!


This time Max Keiser and co-host Stacy Herbert look at the latest scandals of a rating agency's threats, a two-tiered euro, and a rising gold price. In the second half of the show, Max talks to Gary Rivlin, author of Broke, USA. The Real PIGS are Freddie & Fannie says Max. MAX says you must own gold! Get as much as you can he says. It's a store of value in a deflationary spiral!!! Gold is going north of $5,000 proclaims Keiser.

Thursday, June 24, 2010

Bob Chapman "The International Forecaster" with Dr. Stan on The Liberty Radio 6-21-10


WTO will collapse says Bob Chapman
"All the central banks involved are broke or virtually broke. If they are not broke why is their condition a big secret? The Bundesbank told Spain last week that we do not want stress test results made public. The reason obviously was because of the sad condition German banks are in and their penchant again to keep everything secret. These are the same people who want a one-world currency in the form of an SDR, which is worthless, because it has no backing. It is just another fiat currency. They all are in such bad shape they cannot even sterilize their interventions. The new trillions we see in the system in Europe and the US cannot be sterilized." From The International Forecaster of 23 june 2010

Monday, June 21, 2010

Martin A. Armstrong America's #1 Political Prisoner - Can The Euro Survive A Sovereign Debt Crisis?


http://www.martinarmstrong.org/files/Can-the-Euro-Survive-a-Sovereign-Debt-Crisis-6-14-10.pdf

This is an *unofficial site. Subscribe for updates at the official site ArmstrongEconomics.com. Martin Armstrong, America's #1 Political Prisoner, author of the Economic Confidence Model based on an 8.6 year business cycle theory inspired by the work of Nikolai Kondratieff.

Martin Armstrong is currently in prison. Indicted in 1999 on charges of defrauding Japanese investors. He was in jail for seven years for contempt of court before pleading guilty in 2007 to the fraud charge for which he received an additional five year prison term. Armstrong claims his legal problems started when he failed to play ball with "The Club". His imprisonment is one of the longest under a contempt of court order without a trial. Coincidentally, prior to his guilty plea, his final appeal for release (relating to indefinate imprisonment for contempt of court) was denied by (recently promoted) U.S. Supreme Court Justice Sonia Sotomayor.

On martinarmstrong.org there are economic essays (pdf format) written in prison covering global economic history; future trends and first hand accounts of market manipulation by the largest financial institutions ("The Club") "untouchable" by the U.S. Justice System. Also included are the most recent court filings in connection with Armstrong's continuing quest for due process denied him by that same U.S. Justice System

Chossudovsky: "Major currencies can simply collapse"


RTAmerica — June 18, 2010 — Obama is urging China to review its currency policy despite Chinese officials made it clear that they are not going to tolerate any interference from abroad to this issue. Is this going to become a major topic of the G-20 meeting in Canada and what's the mood their on the eve of the summit? Michel Chossudovsky says that the financial crisis is not over as President Barack Obama has hinted at.

SDRs and World Currency - Bob Chapman on Economics 101

corbettreport.com — June 16, 2010 — June 16, 2010 — Bob Chapman the International Forecaster is a guest today of the corbettreport.com he discusses the IMF administered Special Drawing Rights and the plausibility of a world currency , the future of the Euro and the forecast for the Gold....the dollar just seems to be the best of the worst , Gold could very well become the world's currency says Bob Chapman the International Forecaster.....the Euro is dead because it is an un-natural thing Robert Chapman explains...there is no international currency that will ever work...

For more of Bob Chapman's analysis, please go to his homepage:

http://www.intforecaster.com/

Saturday, June 19, 2010

A Golden Response To Economic Declines - Bob Chapman "The International Forecaster" A MUST READ!


http://theinternationalforecaster.com/International_Forecaster_Weekly/A_Golden_Response_to_Economic_Declines

A plan for the euro, a response to declines is made with gold, pension benefits exposed, BP will default, Baltic Dry Index gets drier, oil deluge to flow for years, Fannie and Freddie to delist from exchanges, banks missing TARP payments.

Note how gold explodes whenever the euro takes a dive. Those of you who think that the euro is going much lower in the near future had better think again. The explosion of gold whenever the euro goes down will alone give the Illuminati powerful reasons to support the euro, as will the potential for a devastating trade imbalance that will aggravate the US debt problem from a balance of payments perspective. Gold is now rising with the dollar because it is now competing with the dollar for safe-haven money, even when the stock markets are tanking. Gold will win this battle eventually once it is clear that the US economy is going to go under, and that event is not far off. Silver may catch up with gold based on the ridiculous gold to silver ratio alone, but could suffer if the stock market starts to tank, since the combined attack from J P Morgan Chase and the ensuing downward expectation for commodities demand could take their toll. Gold will continue strong in the current environment no matter what due to the unsolvable sovereign debt crises that have become evident around the world.

Remember what J P Morgan himself said: "Gold is money, period." And soon it will be the only money that has any value, period. Gold, silver and their related shares are the only place to be. Stay clear of paper gold and silver and buy physical only and take possession. These paper gold and silver Ponzi schemes, like GLD, SLV, OTC derivatives and mint certificates are going to be exposed soon. The Sprott Gold Bullion Fund is a viable possibility if you want to buy some paper gold, otherwise go physical only. Very shortly, JP Morgan will be sued in class actions by big players that have been criminally screwed in the silver markets, and this could be the catalyst that finally blows the whole precious metals fraud wide open. So load up! Don’t forget as well, for those who want inherent leverage, do not forget the gold and silver shares that is where the most money is made with moderate risk.

Please CLICK HERE to Continue reading this article at Bob Chapman's The International Forecaster..

European Central Bank (ECB) must buy 'hundred billions' of bonds to tame Europe's Debt Crisis - Ambrose Evans Pritchard - The Telegraph

ECB must buy 'hundred of billions' of bonds to tame Europe's debt crisis

Fitch Ratings has warned that it may take massive asset purchases by the European Central Bank to prevent Europe's sovereign debt crisis escalating out of control.
By Ambrose Evans-Pritchard
Published: 8:19PM BST 17 Jun 2010

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7836652/ECB-must-buy-hundred-of-billions-of-bonds-to-tame-Europes-debt-crisis.html

European Central Bank President, Jean-Claude Trichet, is looking for a way forward for the eurozone.

Wednesday, June 16, 2010

"In this sort of environment only gold and silver can protect your assets." - Bob Chapman The International Forecaster‏

The Fed's Purchase of US Sovereign Debt: "The US Treasury is under the Control of the Fed’s Owners".
US, UK and European financial systems are on the way to collapse
by Bob Chapman The International Forecaster
June 16, 2010

http://globalresearch.ca/index.php?context=va&aid=19761

"The foregoing events lead us to other manifestations of trouble, real trouble. For the past four years all currencies have fallen versus gold and silver. The US dollar has been falling for 11 years versus gold and silver. What gold is telling you is that the US, UK and European financial systems are on the way to collapse. The cover-up cannot go on and all the players know that. They are all living in the theater of the absurd. What politicians in all these countries are doing is what they are being told to do. If they do not do what they are told they will never hold public office or be a bureaucrat again. If what they do is serious enough they will be liquidated. What is happening financially, fiscally and monetarily is unnatural. There is absolutely no way the system can be fixed. If these politicians and their handlers believe this they are doomed. They have pulled this hundreds of times and each time they have been unsuccessful. This time will be a disaster for the Illuminists due to the Internet and talk radio. This time they will escape nothing. We live in a decadent, immoral financial system that has to fall. In this sort of environment only gold and silver can protect your assets."