news.goldseek.com >> 1 February 2012

International Forecaster February 2012 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
On Friday from the Bilderberg conclave at Davos, appointed European Central Bank President, Mario Draghi proclaimed that Europe had averted financial disaster and cited the improvement in euro zone markets in recent weeks. He said it was the ECB’s duty to guard against deflation as well as inflation. The fact of the matter is that he and his friends at the Fed arranged a currency swap of $1 trillion of which the ECB dispersed $660 billion to 523 EU banks, at 1% interest for three years.

news.goldseek.com >> 29 January 2012

International Forecaster January 2012 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We are trying to figure out the best way to describe the banking and oil sanctions against Iran, which are blatant acts of war. Just look back in history at similar situations and you will see what we are referring too. It is simple incompetence or is the allied plan a false flag feint in order to distract attention away from debt problems?

news.goldseek.com >> 25 January 2012

International Forecaster January 2012 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We announced our belief a few weeks ago that the Fed loan to the ECB could with fractional banking be $10 trillion. This past week we found that Credit Suisse shares our ideas as well. We believe that what this move by the Fed and the ECB is telling us that this is probably it. We also ask again how can the banks in the LTRP repay the funds in a timely manner? No plan has been presented before or since, there is no plan. Again, just throw money at the problem.

news.goldseek.com >> 22 January 2012

International Forecaster January 2012 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
If the entire financial system does not come down upon our heads and if we do not have another war, global growth is going nowhere in the year’s ahead. We had a mini-recovery, but it cost $1.8 trillion. We had a second recovery and that cost $1.5 trillion. We are entering a third of what is becoming yearly recoveries that will probably cost $1.3 trillion. In other worlds without these massive injections of money and credit we would probably be in a deflationary depression.

news.goldseek.com >> 18 January 2012

International Forecaster January 2012 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The experts are trying to tell us the system will be saved. If Greece defaults and leaves the euro it is the beginning of the end for the euro and perhaps the EU. Everyone is sitting on each others losses. As we explained years ago the world’s power elite have been on a fools errand for many years. Looting the world and controlling it wasn’t enough enslaving it was something they just had to do. As a result they are bringing their own system down with the hope of ultimate total control. The problem for them is that today too many people know what they are up too, worldwide, and in the end no matter what the outcome they will lose.

news.goldseek.com >> 16 January 2012

International Forecaster January 2012 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Europe continues to predominate the news. At a Monday meeting French President Nicolas Sarkozy won the backing of German Chancellor Angela Merkel on a tax on financial transactions. Britain says it won’t work unless it is applied worldwide. Britain is correct, but is the UK begging the point. Could Britain have wanted the tax from the beginning, as long as it was global? Of course they would, it is a method of taxing investors, for governments along with the IMF, UN and World Bank, which is what these people have been up to for years. We believe a game is being played here to tax financial transactions to fund anything the elitists’ want. We question the geniusness of England as an honest player.

news.goldseek.com >> 11 January 2012

International Forecaster January 2012 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The hand of the US elitists shows more each day in the decisions being made in Europe. Mario Draghi, ex-Goldman Sachs, Trilateralist and Bilderberg, is putting everything in place just the way the US elitists want. We are about to see full scale quantitative easing. One trillion in loans times fractional lending of 3 to 9 to whatever will give Europe the funds it needs indefinitely. Europe is going to be a rerun of what we have seen in the UK and US. In behalf of German voters who are 65% against such funding, Chancellor Merkel has refused to allow issuance of Eurobonds or an expansion of the EFSF.

news.goldseek.com >> 8 January 2012

International Forecaster January 2012 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Irrespective of the trillions of dollars thrown at the US economy since 2006 there is no evidence that long-term solvency or recovery has been achieved. The debt that has been added and created means we’ll see higher inflation and perhaps hyperinflation. Comments by administration officials last week that if necessary the dollar will be crushed, are hardly comforting. Remember, just a week before Fed Chairman Bernanke said to Congressmen that the Fed was not going to lend Europe money to bail their members out and one week later we have a $1 trillion swap, loan program to bail Europe out.

news.goldseek.com >> 4 January 2012

International Forecaster January 2012 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It is now obvious to alert observers that the ECR’s new long-term refinancing program, LTRO, is an end-run quantitative easing program. The bankers and politicians would not dare call it what it really is. Who would not want 3-year loans at 1%? Then there is Target 2, where the Bundesbank has secretly but legally, lent the ECB $640 billion. That money will be shared as a bailout for the six euro zone nations, which are on the edge of bankruptcy.

news.goldseek.com >> 2 January 2012

International Forecaster December 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Public institutions worldwide are fighting ratings downgrades foremost of which is France, the US and, of course, sovereigns and banks worldwide. Miracles of miracles finally the rating agencies are doing their jobs. The caper they pulled in collusion with Wall Street in rating mortgage securities should have put them all in jail for life. We’ll call these efforts makeup time for their previous sins, which they never were prosecuted for.

news.goldseek.com >> 28 December 2011

International Forecaster December 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The game goes on, as German leadership tells us the euro is stable, even as it hits yearly lows. We are told the problem is a crisis in several member states. That may be true, but they all are inseparable. The reassurance from politicians and bankers to calm the market place is beginning to fall on deaf ears. No matter what the cause of the debt crisis it exists and leadership as yet cannot find a solution. Even short-term solutions, such as the use of the EFSF are not going to work. All they will do is gain time.

news.goldseek.com >> 21 December 2011

International Forecaster December 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Debt repayment is a subject few want to discuss, or that few understand. We know most of the largest banks in the world are broke along with at least 6-euro zone nations. There are many others, but the most concerning are the debts of major nations, which are supposedly solvent. Needless to say the US is deeply indebted and the Super-Congress Enabling Committee couldn’t even lay politics aside to cut spending increases.

news.goldseek.com >> 18 December 2011

International Forecaster December 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Fed’s third quarter audit data shows a total system debt of 355% and of GDP, in spite of so-called de-leveraging. It is down from the second quarter’s 375% of GDP, but up from 264% a dozen years ago. Financial sector borrowing fell almost 50% in the quarter but non-financial debt increased while financial debt fell – a push so to speak. Unfortunately most of the debt growth emanated from Washington. That growth was $557 billion, of at a 14.1% annualized rate. Of course, what the federal government is doing is the antithesis of what they should be doing. Will these borrowings and debt continue, of course they will.

news.goldseek.com >> 14 December 2011

International Forecaster December 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
After watching Europe’s performance last week the only thing they really were after was an ESM, European Stabilization Mechanism, to tie down all EU nations to a tighter regional set up. As it turns out England and others did not agree. Britain obviously does not want to become part of a new treaty that deprives them of their sovereignty. This regional government concept appeared in the early 1960s and is now going to be pushed in Europe with the US to follow. Our question, is England just trying to protect the advantages of the “City of London,” or is the disagreement deeper than that?

news.goldseek.com >> 11 December 2011

International Forecaster December 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we reach back into modern European history we see the unnatural amalgamation of 27-European countries, all of which are socially and culturally different. From our point of view the union was doomed from its inception. We lived for years in central Europe, spoke their languages and had a powerful outsider’s view of their cultures. Europe’s inhabitants generally were convinced that the union would prevent future wars and bring peace to Europe. Unfortunately, all they did was trade Perfidious Albion, Hitler and Mussolini for the Trilateral Commission, Bilderbergs and Goldman Sachs and JPMorgan Chase.

news.goldseek.com >> 7 December 2011

International Forecaster December 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Even the middle of the road journalists are beginning to question Europe’s elected and appointed leadership. This past Monday the plan for the euro zone was laid out for a final capitulation to world government. The financial crisis has been handled from behind the scenes by the Fed, so that Germany’s Chancellor Merkel and France’s President can concentrate on more important matters, namely the final federalization of the euro zone to be followed by the entrapment of the remainder of the European Union.

news.goldseek.com >> 5 December 2011

International Forecaster December 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Do we need central banks at all? It’s a good question. We have had the Federal Reserve since 1913 and their management has been a disaster for Americans and a wealth builder for its owners, the Wall Street banks. It has also allowed the financial sector to control our country. It is the seat of elitist power. The Fed has debauched the US dollar via their monopoly and enriched their owners beyond belief. Any entity that has to resort to the subterfuge of using a cloaking term, such as quantitative easing has to be a scam.

news.goldseek.com >> 30 November 2011

International Forecaster November 2011 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
High interest rate contagion has spread to bonds of Germany, Finland, the Netherlands and France. Short-term financing has dried up. That means another credit crunch is on the way. In Britain interbank loan volume is off 25%. As a result the ECB will increase bond purchases by $110 billion a month. Of course, this is illegal under Article 123 of the EU Treaty, but who cares. Rules were made to be broken.

news.goldseek.com >> 27 November 2011

International Forecaster November 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In Europe each time a new player is presented we find he is a Goldman Sachs’ alumnus. Recent entries are Mario Monti “appointed” PM of Italy, Lucas Papademas “appointed” PM of Greece and Mario Dragahi “appointed” President of the European Central Bank. The banks blatantly control governments and agencies presenting us with an oligarchy, which controls most of the nations on the planet. In America politicians are bought and paid for. In Europe there is a different mind set, a shared worldview of bureaucrats, technocrats, politicians and the elite bankers of world government and domination.

news.goldseek.com >> 23 November 2011

International Forecaster November 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We continue to write about Europe, because we have too. At the moment and for at least the next several months, it will be the lynchpin and the catalyst that could bring about a financial chain reaction worldwide. In turn Europe poses the biggest risk to the US economy. European direction has changed over the past few weeks to cut loose the six problem nations and any others who cannot stand on their own and reform a core euro zone. Presently Europe is nowhere close to ending its sovereign debt crisis.

news.goldseek.com >> 21 November 2011

International Forecaster November 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
German Chancellor Merkel keeps moving the field of play away from the European Central Bank, and to the people of the euro zone. That is so she can get legislation to remove the sovereignty of EU members. The pitch is, if the new EU is to work all fiscal decisions that will have to be determined in unison by bureaucratic technocrats, all of whom want world government.

news.goldseek.com >> 16 November 2011

International Forecaster November 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It wasn’t all that long ago that industry estimates were that the issuance of credit default swaps in Europe, CDS, were about $18 billion. At the same time on the street it was estimated that the exposure was $75 billion. We estimate $150 billion - this represented insurance on the holders of bonds issued by Greece, Portugal, Ireland, Spain and Italy. The Bank for International Settlements says that figure is now $518 billion. As we have noted before the big problem is counterparty risk. When CDS, credit default swaps, are triggered to default will the counterparties pay up? Even if writers are buying from one another someone has to get caught holding the bag and loose money. That is where the risk comes in.

news.goldseek.com >> 14 November 2011

International Forecaster November 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As Chancellor Merkel and PM Sarkozy search for a solution that doesn’t exist they continue to lose credibility. Nothing of substance has been agreed upon that is legal and can be implemented. At the IMF Christina LeGarde is frantically waving her arms like a cheerleader telling anyone that will listen that if the six sovereigns in financial trouble are not aided the euro will fail and peace in Europe will disappear. The elitists are frantic because they cannot find a solution. LeGarde says without help there will be ten years of depression. She obviously hasn’t done her homework. Try 30 or more years.

news.goldseek.com >> 9 November 2011

International Forecaster November 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We have been in or associated with gold and silver related assets and commodities for well over 50 years and we find we are not convinced that the failure of MF Global was just that, a failure. John Corzine’s background makes us wonder if something else may have been afoot. He had been a former CO-chief operating officer of Goldman Sachs, a high-level, political operator and a Senator and governor from New Jersey. From our viewpoint this is cause for questioning.

news.goldseek.com >> 6 November 2011

International Forecaster November 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
t believe the European debt crisis is solved, but not so fast. In spite of being told by the German federal court that leverage could not be applied to bailout loans, but they approved leverage anyway. The court says they will redefine their position by the end of the year. Thus, there is no deal until the court says there is one and constitutionally it’s legal. The Bundestag must believe the court will change its mind. Now we will just have to see what transpires. In the meantime Mr. Juncker of the European Union said there would be concessions for financial aid. As a result of those disclosures early last Monday the “President’s Working Group on Financial Markets” was busy at work trying to keep the stock market indexes from crashing and viciously attacking gold and silver overnight. What else would one expect in a rigged market?

news.goldseek.com >> 2 November 2011

International Forecaster November 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Those who believe the European crisis is over are mistaken. The dislocation will continue as their economies slow and political, social and economic events converge into further crisis. The most glaring problem is the banks only taking a 50% loss on Greek bonds. The loss should have been 75% or even 80%. There is absolutely no way Greece can overcome that burden in a slowing European economy and an enraged population. They are still striking and demonstrating and they will continue even under a new government.

news.goldseek.com >> 30 October 2011

International Forecaster October 2011 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It is now clear to the most casual observer that the world’s monetary and financial system cannot function without massive amounts of additional money and credit. That means the system no longer functions the way it should. Europe really doesn’t know what to do and neither does the Fed and the Bank of England. The exception is throwing more money at the problem and keeping interest rates near zero indefinitely.

news.goldseek.com >> 26 October 2011

International Forecaster October 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We address this European issue, because soon it will debut in the US. The comprehensive policy response, which we have been told existed, really doesn’t exist. We found that out last Friday. All the lies of the past two weeks by various European governments and bureaucrats, as well as Mr. Sarkozy and Mrs. Merkel, were just more delaying tactics to attempt to find a solution to Europe’s financial dilemma. As part of this display of smoke and mirrors, these hopeful signs, generated large gains in US and European stock markets, of course, with the assistance of the “President’s Working Group on Financial Markets.” At the same time as usual gold, silver and commodities markets were attacked viciously. This is how markets and economies are manipulated when in control of our corporatist fascist government.

news.goldseek.com >> 23 October 2011

International Forecaster October 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
After three years banks are still working on a mortgage plan as 22.5% of existing mortgages remain underwater. Banks are sitting on $700 billion of home equity loans and seconds at original values, not market value. This refusal needless to say totally distorts their balance sheets.

news.goldseek.com >> 19 October 2011

International Forecaster October 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It could then be that this is the top of the stock market, which is fundamentally very overpriced. The latest rallies are the result of statements by French President Sarkozy and German chancellor Mrs. Merkel that a financial solution is at hand for Europe. This announcement named the end of the month as the date for release of this information. Thus far there has been no further comment. This was the justification for a very strong rally. In the wings there are large short and put positions, which tell us that there is a body of speculators that believe the fundaments are not in place, nor was the recent rally justified.

news.goldseek.com >> 16 October 2011

International Forecaster October 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The big question is will Greece succumb to insolvency in November? Our answer is probably not. It should take 3 to 6 months but it is coming no matter how much money and credit is thrown at the problem. The markets on the short-term basis believe it is a coin toss. If the funds are not forthcoming you could see a 60-80 percent haircut on bond losses. If it is 3 to 6 months it will probably be 100%. Many in Europe believe the Merkel-Sarkozy team has a plan that will work, but as yet we do not know what that plan is. In spite of that the euro this past week rallied from $1.32 to $1.38 as the US dollar fell lower.

news.goldseek.com >> 12 October 2011

International Forecaster October 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The investment world hasn’t been too excited about “operation twist.” After its announcement the S&P fell more than 14% and worldwide stocks fell some 23%. Commodities were smashed, and silver fell 28% and gold 12%. During this process short dated yields on Treasuries fell close to zero and maintained, as long-term yields fell. That means granny and grandpa will have less to live on and pensions won’t attain 7.5% return to reach their retirement goals. The result is a Dow yielding 2.8% and S&P 2.2%, while the 10-year T-note yields 1.9%. It is not surprising that fund and money managers are reaching for high yield quality stocks. This they believe will provide yield and safety, while waiting for the next Fed innovation. A situation such as this has not existed for 53 years since I left counter-intelligence.

news.goldseek.com >> 10 October 2011

International Forecaster October 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Bundestag committed $590 billion to the EFSF of which Germany will provide $283 billion or almost half to resurrect euro zone economies. What did come from all parties is that they will refuse to commit one more pfennig to bailing out the six wayward countries. They opposed any effort to leverage the allocated total, there would be no Eurobonds, and they voiced opposition as being implacably opposed to moving decisions on monetary and fiscal policy out of the hands of sovereign states. There should be no expansion of policy to the EFSF under any circumstances. The next question will be how long will the funds last? Probably six months to a year and then the problem starts all over again.

news.goldseek.com >> 5 October 2011

International Forecaster October 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Again, as much as your government manipulates markets, the only safe place to be is in gold and silver coins, bullion and shares and if you are not you will probably lose almost all the wealth you have, as did owners of wealth in 1933. The US government has given you a golden opportunity to again buy at bargain basement prices. Gold is off about $300 from just three weeks ago. Take advantage of it now, because it is going to go right back up again.

news.goldseek.com >> 2 October 2011

International Forecaster October 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Germany’s finance minister, Wolfgang Schäuble says there is no secret plan to leverage the EU’s bailout plan from $595 billion to $2.7 trillion. This increase, illegal in Germany, would cause a downgrade in the sovereign debt rating of the solvent states. If there is a secret master plan put together with the help of the Fed, it will destroy Germany’s constitution and democracy. Social Democrats denounced the back-room dealing and the secrecy. The real implications of such a deal is to put Germany’s domestic finances under the control of the EFSF and eventually the European Monetary Union, the EMU. German citizens are being taken to the cleaners, they do not know about these back-room deals. It could lead, once exposed, to a referendum and a new constitution, which would destroy Germany’s democracy in order to form government by bureaucrats, who would prepare the EU for the new world order.

news.goldseek.com >> 28 September 2011

International Forecaster September 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The takedown of gold and silver markets over the past two weeks signified a new milestone in corruption, brazenness, arrogance and it reveals the level of evil control behind our government. This past week, in just one week, saw gold fall almost $200 and silver about $10.00. We have been involved in gold and silver for 53 years and the only event that comes close to this was October 19, 1987, when we witnessed the Bank of England sell down gold $100.00 under the orders of the Fed and the US Treasury, which borrowed the gold from the IMF. That was illegal, but that means little to the Illuminists who do as they please. Today thanks to Ronald Reagan we have the “President’s Working Group on Financial Markets,” which has legitimatized corruption to conform to the Keynesian model of corporatist fascism.

news.goldseek.com >> 26 September 2011

International Forecaster September 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The spot gold price fell $101.70 to $1,637.50, as December fell $80.70 to $1,661.00. The spot silver price fell $6.49 to $30.05, as December fell $5.37 to $31.20. That is what the CME and COMEX call an orderly market. This is simply unbelievable. After 53 years, as one of the experts in this field, we cannot believe they have done such a dastardly thing. Contact every Senator and representative and tell them what you think. At 1:00 a.m. EDT the attack had begun just as we finished the George Noory program on Coast-to-Coast AM. It continued all day because all the inside players knew ahead of the public that margin requirements would be raised. Gold and silver were deliberately forced down outrageously, as it becomes clearer that they were very serious problems ahead and that Europe and the US would have to print trillions of dollars to stabilize deteriorating markets, banks and sovereign countries. The destruction of gold and silver on the 3rd try was mandatory as a cover operation. Financially Europe is in a state of collapse.

news.goldseek.com >> 21 September 2011

International Forecaster September 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
One of the greatest detriments to job creation in the US is the overseas income deferral law. This unbelievable gift to transnational corporations is at the heart of free trade, globalization, offshoring and outsourcing. Presently these corporations are sitting on $2.2 trillion in untaxed profits, which is costing the American taxpayer almost $800 billion in lost tax revenue if like in 2006 they are allowed to bring the funds back at 5-1/4% taxation.n

news.goldseek.com >> 18 September 2011

International Forecaster September 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This past week in a grand deficit cutting bargain the Senate Finance Committee explored “Tax Reform Options Promoting Retirement Security.” The excuse is to make 401K plans more efficient; to keep Social Security afloat and to switch funds from these retirement plans to be used elsewhere by government. It is called a looting procedure. The idea is to replace the 401K with a tax break that would allow government to offer bigger benefits to low earners and changes in withdrawal choices at retirement.

news.goldseek.com >> 14 September 2011

International Forecaster September 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In the case for gold and silver, it has been go long and stay long for 11 years. During that period great gains have been made during what was the formidable first phase of the gold and silver bull market. Gold was $260.00 and silver was $3.50. Some stocks rose from $4.00 to $86.00, some from $0.80 to $42.00. This performance in spite of gold and silver suppression by the US government. In their desire to keep gold and silver subdued all the government really accomplished was to offer an opportunity for buyers to buy at lower prices than they normally would have been able too.

news.goldseek.com >> 12 September 2011

International Forecaster September 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Many people believe the Jackson Hole was a non-event, a failure and it was. QE 3 was not announced, as we predicted. We believe that was being saved for mid-September when the $300 billion rollover in Treasury securities is completed. Mr. Bernanke has failed in a number of respects, the most glaring being zero interest rates for 2-years and no housing recovery. Even purchasing $1.3 trillion in toxic mortgages has only helped the banks.

news.goldseek.com >> 7 September 2011

International Forecaster September 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
August was sure a barnburner and we believe that was a prelude for an even wilder September. How often do you see gold fall $200.00 in 3 days and recover $187 in 6 days? In our 53 years of involvement in this sector we have never seen anything like this. This shows you what government manipulation is all about. Get used to it, this is what living in a corporatist fascist society is all about.

news.goldseek.com >> 5 September 2011

International Forecaster September 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We find it amusing that Mr. Bernanke in his press conference after the FOMC last week said, US bank exposure to Greece was minimal. We guess he forgot part of that $16.1 trillion and the credit default swaps from NYC banks to the tune of $150 billion. In addition we do not see the US and England escaping the fallout from Europe. From the very beginning 1-1/2 years ago we told Greece to default and that it was inevitable. Of course, the Greek government did not do that, because they wanted to hand their Illuminist friends Greek assets on a silver platter - that is public and private assets.

news.goldseek.com >> 31 August 2011

International Forecaster August 2011 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The debauching of currencies worldwide goes on with great abandon, and of course, leading the pack in the US, UK and Europe. What these countries and others are doing is awakening the hidden forces of inflation and destroying the value of their currencies. In Europe the Germans, over the past six months, have said at the polls they do not want to continue to subsidize the semi-solvent nations of the euro zone and will not participate in Eurobond offerings. Germans are rightly upset with the value of the euro and the illegal purchase of bonds in the market belonging to Italy and Spain.

news.goldseek.com >> 28 August 2011

International Forecaster August 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It has been almost three years since the Federal Reserve took its interest rates to 1% and most recently to zero. This allows member banks to borrow money at no cost. The Fed lends to large banks with little or no control, so that these banks, some of which are owners of the Fed, can really do as they please. The Fed even lends at zero and re-borrows from these banks at a higher level, guaranteeing the banks a riskless profit. Those profits would have gone to the US Treasury and the American taxpayer. These profits for the most part are the result of the creation of money and credit by the Fed. The banks are so overjoyed regarding the results that the Fed has told them that it will keep the current policy for at least the next two years.

news.goldseek.com >> 24 August 2011

International Forecaster August 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we have often said, the problem and debt has only been extended. All the debt is unpayable. Interest rates and bond yields of troubled nations are such that debt cannot be repaid. How can anyone have confidence in a broken system? Unsustainable is the operative word. There is no political courage to end all this because all of the key figures and many others are controlled by the Illuminists, who want world government. They will hold out until the system has collapsed, and hope they can save themselves. That is why people worldwide have to prepare for what is coming. Europe’s financial collapse will be the catalyst that will cause all other nations to fall. That is why it is so very important that all of your investable assets be invested in gold and silver, coins, bullion and shares.

news.goldseek.com >> 21 August 2011

International Forecaster August 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Every professional has their own method of analyzing markets, finance and economies, and some do well coming up with the direction of social and political issues as well. The other 97% miss one-half to two-thirds of the time. That is not very good and one asks why? The answer is simple they really haven’t studied history as well as they should have.

news.goldseek.com >> 17 August 2011

International Forecaster August 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Since April the market as measured by the Standard & Poor’s stock index is off about 18% and momentum has fallen 40%. The recent catalyst for lower prices has been the drop in the debt rating by S&P of US Treasuries. In addition the economy is showing a pronounced slow down, as are many other countries. There is liquidity at major banks and corporations, but it has yet to be employed into the economy.

news.goldseek.com >> 14 August 2011

International Forecaster August 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Markets have certainly fallen quickly. It was only on 12,721 on July 21 and now we are looking at a low close of 11.269 after a 500-point PPT arrangement. There is no question investors didn’t like the bill encompassing debt extension, nor the perceived cuts to be made. That was followed by a long awaited fall-in the debt rating of the US by the S&P. At the same time the financial and economic conditions in Europe worsen with Italy officially joining the ranks of near insolvency. These events were accompanied by calls for the president to bypass the Constitution or to use the 14th Amendment to bring about the debt extension.

news.goldseek.com >> 10 August 2011

International Forecaster August 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
One thing is for sure the Fed leads by deception. We have seen the act since 2007 when it supposedly set out to solve the credit crisis. Quantitative easing and zero interest rates may have provided the Fed with additional time, but they did little to solve the long-term problems, or to help bring about recovery. In fact, these measures insure that we will have future problems, particularly with inflation. Those who understand what the Fed is up to also understand that the Fed has little credibility and its reputation may have been totally lost.

news.goldseek.com >> 7 August 2011

International Forecaster August 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The entire concept of keeping the economy functioning is based upon US dollar debasement via the creation of excess money and credit, which is accompanied by departments of government and Wall Street. Once in the past 11 years in particular we have seen lies, fraud, bogus statistics and Mickey Mouse bookkeeping. For good measure the powers behind government have thrown in the gutting of America’s industrial base by outsourcing and offshoring. As an extra temporary measure the Fed has bailed out the financial sectors in the US and Europe and continues to bail out the US Treasury. Who cares about currency debasement because it’s a cost of doing business.

news.goldseek.com >> 3 August 2011

International Forecaster August 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It was 15-months ago that we projected that the second half of 2011 and onward would present many financial and economic problems, and we have not been disappointed. There was federal debt and its renewal, which we are now suffering through, municipal debt problems, the lack of any kind of solid recovery and financial problems emanating from Europe. Making the situation more difficult is the statistical exposure at Princeton University that more than $5 trillion has been spent since 9/11 to create new wars in Iraq, Afghanistan, Libya and Pakistan, with more in the works.

news.goldseek.com >> 31 July 2011

International Forecaster July 2011 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The first House passed a $16.7 trillion cut, cap and balance bill calls for a cut in the fiscal September 1st budget for 2012 and a balanced budget amendment that goes into effect in five years. Why five years, so they can amend it in a couple of years? This is truly political theater. This has little to do with the budget and everything to do with political powers. Worse yet, unless it meets the President’s approval, he will veto the bill.

news.goldseek.com >> 27 July 2011

International Forecaster July 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we write the US government short-term debt extension is still up in the air. Both sides are not about to give up and lose a political victory. The President still is trying to recover from his ill-timed attempt at extortion. That is if a solution is not found by August 2nd, that he will let US bonds fall into default and terminate government’s Social Security obligations. Our question is how can you loot what has already been looted?

news.goldseek.com >> 25 July 2011

International Forecaster July 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
People know higher prices caused by inflation mean they can buy less with their money. What they do not think about is the long-term affect of inflation and how it negatively affects their overall standard of living. Inflation can only be caused by the Federal Reserve by creating money and credit in excess of economic growth. This is what the economy has had to contend with since 2000.

news.goldseek.com >> 20 July 2011

International Forecaster July 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This past week the person, who calls himself President again engaged in extortion by threatening to shut down the government, default on bonds and deprive Americans of their Social Security and Medicare. We all know that is not going to happen unless the illegal alien wants to start a revolution. He can cut costs anytime he wants, but he is more interested in terrorizing the old and the infirm, so he can continue his wild spending.

news.goldseek.com >> 17 July 2011

International Forecaster July 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we have said for many years crime on Wall Street, in banking and in corporate America pays. One just neither admits or denies and lets the corporate shareholders pay the fines. These are today’s untouchable, who steal billions and get away with it. Financial institutions are too big to fail, as are their key employees. To a great extent fraud and other criminal behavior caused the credit crisis and lack of recovery that we have witnessed over the last 5 years. We have had top officers of firms see their companies headed for trouble and with this inside knowledge they have cashed out their share holdings. Then there were the predatory lenders, syndicators of bonds, which contained mortgages, now known as toxic waste, that were criminally given AAA ratings when they deserved BBB.

news.goldseek.com >> 13 July 2011

International Forecaster July 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Markets are what they are today because that is the way government wants them. The stock market has stayed up for quite some time, but the best earnings are fading. The Street is well aware of what has been happening for a number of years. They just do not say anything and go along with the program. They have come to overlook situations worldwide as well as in America, because they believe that, “The President’s Working Group on Financial Markets” won’t let the market fall.

news.goldseek.com >> 10 July 2011

International Forecaster July 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Just look at the scale of this to get an idea of how massive this game-changer will be, The Agricultural Bank of China has over 320 million retail customers and 2.7 million corporate customers and has integrated its customer account information system with this platform.

By creating the first ever rolling spot contract, Chinese bank customers will for the first time have ease of access to 10 ounce gold contracts in Renminbi directly from their bank accounts and with the click of a mouse. To give a further idea of scale, if just 1% of their customers bought a single 10 ounce contract, that would equate to 1,000 tons of physical gold being drawn down....

news.goldseek.com >> 4 July 2011

International Forecaster July 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Most sovereign world states are going to experience the same financial and economic bloodbath - all those fiat currencies re going to fail. Why do you think China, Mexico, Russia, India, Iran, Argentina, Thailand and others are buying gold? It is because they know their currencies will have to be backed by gold, or they will be worthless. Mexico may soon back their currency with silver, which is natural because it is the world’s second largest silver producer. Gold and silver are the only safe places for your wealth to be.

news.goldseek.com >> 29 June 2011

International Forecaster June 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Greece and Europe are still in crisis as the European countries scramble for a solution. The fact is that ultimately Greece has to default. The banks and other nations of the euro zone should have never allowed the situation to progress to its current stage. As we have said over and over again for 13 years, one interest rate can never fit all, because each country is at a different stage of development. The very creation of the European Union and the euro zone flies in the face of anthropological and cultural history reaching back thousands of years. That said, the leaders of the EU cannot possibly save Greece and the other five nations in serious financial trouble and save the euro and the European Union simultaneously.

news.goldseek.com >> 22 June 2011

International Forecaster June 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
What the world is experiencing today did not happen by chance, it was planned that way. What Congressman Louis McFadden said of the “Great Depression” is as true today as it was in the 1930s. As Chairman of the House Banking Committee he said, “It was no accident; it was a carefully contrived occurrence. The international bankers sought to bring about a condition of despair here so they might emerge as rulers of us all.”

news.goldseek.com >> 19 June 2011

International Forecaster June 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As far as we can discern the US Treasury thus far has spent and borrowed about $100 billion from the federal pension accounts. Unless there is a vote on the cash debt extension prior to August 2nd, government will probably have borrowed some $250 billion to $300 billion. The Treasury is paying virtually no interest on this debt. Three-month Treasury bills are currently yielding zero percent. Our question is how will the funds be generated to fulfill the Treasury’s obligation to the pension fund? What happens if on August 2nd if legislation is not passed? Does this go on forever? We will keep you apprised on new developments.

news.goldseek.com >> 15 June 2011

International Forecaster June 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Unemployment at 22.4% is causing a run on assets of retirement funds. That is probably why legislation is being introduced to limit how much money can be removed from these investment vehicles. About 11% of participants have taken out loans over the past year, up from 9% y-o-y. In overall total 22% have loans out and the numbers are accelerating. Almost all the loans will never be paid back. Hardship is forcing people to withdraw, as well as those who believe that government will try to commander 401K’s and IRA’s to fund a bankrupt government, that wants to replace those vehicles with bogus government guaranteed annuities.

news.goldseek.com >> 13 June 2011

International Forecaster June 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The lifeblood is being sucked out of America by free trade, globalization, offshoring and outsourcing. Over the past 11 years manufacturing jobs have fallen by 11.7 million and 440,000 businesses have been lost. Those figures should make Americans very disturbed, when it is obvious that American business, and the House and Senate are aiding and abetting in this job destruction, which has not only ended the American dream, but the destruction of the American economy.

news.goldseek.com >> 8 June 2011

International Forecaster June 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Wall Street seems to believe the waning recovery in the economy is only temporary and that further recovery is on the way. Such thinking can get you in serious trouble, unless QE3, or its equivalent, is on the way. It is on the way, as we pointed out 13 months ago. The economy cannot live and survive without it otherwise we could be looking at a minus 5% GDP for openers. Incidentally, there are those that believe that unemployment already is as bad as it was during the “Great Depression” years of the 1930s. They may be correct, but we believe it was much higher than today’s 22.4% level. If government hadn’t created food stamps, Medicaid, extended unemployment benefits and other benefits, perhaps we could be close to 1930’s levels.

news.goldseek.com >> 5 June 2011

International Forecaster June 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
According to our calculations we have been in an inflationary depression since February of 2009. Everyone looks back on the deflationary depression of the 1930s as a benchmark or a reference. As far as we are concerned the 1930’s depression only ended when the powers behind government arranged another war. Few talk about the recession of the early 1920s, which only lasted two years and was caused by the newly formed Fed, which financed US participation in World War I.

news.goldseek.com >> 1 June 2011

International Forecaster June 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As these created episodes were carried out we again heard the secretary of the Treasury engage in more fantasy by telling us a strong dollar policy was still in place. These three elements then gave the dollar a push upward, as it became obvious that the EU and IMF were not getting the results they wanted in Greece, that is looting the country of just about everything the country had left.

news.goldseek.com >> 30 May 2011

International Forecaster May 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We hope all of our appearances on Greek TV, radio and in the press have helped the educational process and to allow the Greeks to identify who the real culprits are, and what to do about it. It has just been over a year since this tragedy became reality, but we reported on Greece and Italy ten years ago. They both bent the rules to enter the euro zone. We knew then that Goldman Sachs and JPMorgan Chase were assisting them by creating credit default swaps. There were a few European journalist who reported on the issue, but the elitists control the media and few noticed that Greece and Italy were beyond bogus.

news.goldseek.com >> 25 May 2011

International Forecaster May 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We believe that for the past 2-1/2 years the price of gold has been mainly driven by a flight to quality, as gold vied with the dollar for supremacy, as the world’s reserve currency. As we have witnessed gold has won that battle. The only way the dollar or any other world reserve currency can compete is by being backed 25% by gold. The elitist’s royalty of Wall Street and the City of London are quite upset with these developments, because they want all currencies to be fiat, so that they would not have to have a gold backed international monetary unit. Over the last six months another historic factor has come into play in evaluating gold versus currencies, and that is the interconnectivity of gold’s relationship with inflation.

news.goldseek.com >> 22 May 2011

International Forecaster May 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The amount of money and people withdrawing from 401K’s has been staggering and Wall Street and government do not like it one bit. There are those who have been fired, run out of benefits, and half to cash in part or all of their retirement. The villainous ones are those still employed, who have taken up to three loans, many of whom have bought gold and silver with the proceeds.

news.goldseek.com >> 18 May 2011

International Forecaster May 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The problems in the euro zone continue to multiply. Greece, Portugal and Ireland are dominating the news at least in Europe, as America is mostly shut out by the controlled media. The events in the euro zone are every bit as important as those regarding US problems.

news.goldseek.com >> 16 May 2011

International Forecaster May 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The elitists who run America from behind the scenes have serious problems in trying to keep a badly damaged financial and economic system afloat. Ironically, these same characters are the ones responsible for the system and the condition that it is in today. It is not only confined to the US, but it prevails in England, Europe and other counties as well. Central bankers are all in constant touch with each other to employ tactics that will extend the current system in the hope that something they are doing will turn into at least a temporary solution.

news.goldseek.com >> 11 May 2011

International Forecaster May 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In legislation just proposed, and I don’t know by whom, nor do I have a number yet, the Dept of Labor has proposed a re-definition of who is a fiduciary, not under the Securities laws, but under ERISA, the law that governs tax advantaged retirement accounts, such as 401K and IRAs and it probably will include all retirement assets, we don’t have a definite direction yet of what they intend to do but it is my guess they want to limit those investments only to US government debt.

news.goldseek.com >> 8 May 2011

International Forecaster May 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As the economy stumbles the American standard of living recedes. 44 million people are using food stamps and in one year that figure will be 60 million. Washington and Wall Street say, what me worry? Of course not they are the masters of the universe. We are 24 months into an inflationary depression and it still goes undiscovered. Who cares that the issuance of food stamps is up 80%, as long as the bonuses on Wall Street and in banking continue to flow and bureaucrats get higher and higher salaries and benefits?

news.goldseek.com >> 4 May 2011

International Forecaster May 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Dollar weakness that has continued will continue. That is to make US goods cheaper and more saleable as exports, but the flip side is that imported goods are more expensive and that creates inflation. Such a policy is foolhardy versus foreign nations that have export advantages. Besides the US does not have the predominance of mass to compete on this level. If tariffs on goods and services were implemented that would be another story.

news.goldseek.com >> 2 May 2011

International Forecaster April 2011 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We are supposed to be two years into an economic recovery. Tell that to those with stagnant wages who have to fight against 10% inflation, which our government ingeniously tells us, is 1.9%. Some $900 billion or more will have been created out of thin air by the Fed and spent buying Treasury and Agency bonds, notes and bills and the $862 billion consigned to the economy in December will all have been spent. We are about to enter the next round in June. Will there be austerity or rampant inflation, the result of $1.8 trillion in spending, or will we get trillions more funding from the Fed? We think we will get the funding, because little help can come from Congress. If such events unfold you can expect an upward move in real interest rates to offset a negative rating and more injections of money and credit.

news.goldseek.com >> 27 April 2011

International Forecaster April 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Barrick will finance the acquisition with a bridge loan and credit facility worth $5 billion from Royal Bank of Canada and Morgan Stanley. The financing will supplement an existing $1.5 billion loan facility and $4 billion in cash reserves. [The wrong buy at the wrong time for the wrong price. US elitists’ interest did not want China to get this asset and so Barrick was the political frontman for the deal. The economics are not there as the future will prove. Bob]

news.goldseek.com >> 25 April 2011

International Forecaster April 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Silver prices are on a tear and as we write they have risen to $46.30. In spite of these price levels the mining industry is not increasing production in any meaningful way. About 70% of production comes as a by-product of other types of mining, such as copper. There are no new sizeable projects in the works, and thus it is expected that production could fall 5% annually for the next ten years. The easy finds have already been exploited and new large projects are harder to find. In fact, current mines have only been able to increase production by a paltry 2.5% or so. In 2009 Argentina was the only outstanding exception and that could be a one off occurrence.

news.goldseek.com >> 20 April 2011

International Forecaster April 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Many banks are insolvent, yet are allowed to stay in business. Being allowed to keep two sets of books is obscuring their real estate loan problems. This is the shadow inventory you sometimes hear about. Those millions of homes “that exist, but they don’t.” They presently admit to owning some 1 million homes they cannot sell, which is almost 25% higher than last year.

news.goldseek.com >> 17 April 2011

International Forecaster April 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Europe continues to struggle from one problem to another. The euro has been strong only because the dollar has been weak. The governments of Greece, Ireland, Portugal and Spain continue their balancing acts on the edge of a financial precipice. All have Socialist governments, which have done terrible jobs, but the opposition is not much better. Each economy is in serious trouble and if Italy and Belgium follow it will take $4 trillion to bail them out. If the solvent EU members bail them out they’ll fail as well. Americans and Brits can look down their noses, but their problems are just as bad if not worse.

news.goldseek.com >> 13 April 2011

International Forecaster April 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Neither government nor anyone is smarter than the markets. As they say the trend is your friend. All you have to do is get on for the ride. It’s really as simple as that. The trick is picking the trend. We were fortunate enough to pick gold and silver in June of 2000. We went long and stayed long all those years only occasionally making a trade. Every time there was a correction we recommended further purchases.

news.goldseek.com >> 11 April 2011

International Forecaster April 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We see signs that American workers are getting worn out. Management may have squeezed the last drops of extra work that they can out of them. That has been reflected in the latest worker productivity. Since WWII the average increase has been 2-1/2% year after year, but last week’s numbers were terrible, up only 0.2% per year. Europe and the US have been able in part to offset advantages of foreign producers by consistently getting better productivity results. For those of you that are new to these statistics, they are a reflection of labor productivity, or advances in the way work is done.

news.goldseek.com >> 6 April 2011

International Forecaster April 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As each day passes the US dollar loses prestige and its status as a world reserve currency. Washington and Wall Street pay little attention to its slide and the changes a lower dollar and loss of reserve status will bring. Once the dollar is dethroned Americans will have to learn to live on the edges of the economic and financial world. Those of you who have not read G. Edward Griffins’ “Creature from Jekyll Island” should.

news.goldseek.com >> 3 April 2011

International Forecaster April 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The seeds of today’s monetary problems were laid at Bretton Woods, NH in 1944, as a combination of socialists, communists and fascists laid the groundwork for the IMF, the World Bank and the eventual elimination of gold from the monetary world. The Federal Reserve’s role was to bring that about from behind the scenes.

news.goldseek.com >> 30 March 2011

International Forecaster March 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In today’s world there is always plenty to write about and today is no exception. As far as we are concerned QE3 is on the way accompanied by almost zero official interest rates. QE1 was to bail out the financial sectors in the US and Europe and QE2 was to bail out US government debt. That is why the Fed has purchased 70% to 80% of Treasuries. Previous debt and the $1.6 trillion of new debt created this year means someone has to buy that debt and there are very few buyers. That means the Fed has to buy most of paper with funds created out of thin air in this monetization process. Those tremendous amounts of funds will most certainly increase inflation. This policy is never ending unless default becomes inevitable. That is why money and credit has to be created indefinitely until hyperinflation occurs and the system eventually collapses.

news.goldseek.com >> 28 March 2011

International Forecaster March 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The US dollar continues under acute pressure, as the world seeks an alternative reserve currency. The days and years of manipulation, fraud and criminal behavior are fast coming to an end. New alliances are evolving, as are outspoken advocates of a new world reserve currency. As a result more and more foreigners are bypassing Treasury and Agency bonds, as well as other US dollar denominated investments. We watch as other major nations accumulate gold and cannot help but think that the new world reserve currency will be gold backed.

news.goldseek.com >> 23 March 2011

International Forecaster March 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Cycles and booms and busts just don’t happen. They are planned that way. In the late 1990s Fed Chairman Alan Greenspan commented on irrational exuberance and said he hoped the market would cool down. The amount of money and credit he had introduced into the system had a great deal to do with a forming of a bubble. He indicated that on the short-term there was little he could do about it, when all he had to do was raise margin requirements from 50% to 60% temporarily.

news.goldseek.com >> 13 March 2011

International Forecaster March 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Wall Street at least temporarily relieved of the burden of having to buy Treasuries & Agency bonds, is looking at the jump in oil prices as nothing more than an irritant to their plans for a higher market. Bill Dudley of the NY Fed, a most powerful member, continues to make a vigorous defense of Federal Reserve policies. He, and a few other Fed participants, and Chairman Bernanke believe liquidity is the key for solving problems. That is not only in the realm of debt purchases, but in the relief it brings to Wall Street and banking.

news.goldseek.com >> 9 March 2011

International Forecaster March 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It should be kept in mind that inflation was on its way long before this recent incident. Last year we predicted 14% real inflation in the US in 2011. We are currently somewhere between 7% and 9% and those numbers are about to escalate quickly. Remember, normally prices rise as a result of the Fed increasing the supply of money and credit, which translates in a general increase in the price to $850 billion in fiscal spending in QE1 and stimulus 1. We do not know the numbers on QE2 as yet, but we believe they are in the same area, along with stimulus 2 of $862 billion. The total has to be thus far between $900 billion and $1.7 trillion by the Fed.

news.goldseek.com >> 6 March 2011

International Forecaster March 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Federal Reserve tells us we need inflation to overcome the overhang created by debt and its inflationary aspects. The inflation does not create jobs – it just distorts prices upward. We are told by the head of the Fed, Mr. Bernanke, that he can end inflation when he thinks it is necessary. That is not true, because if inflation ends deflation takes command and the economy collapses. There is no finely honed instrument for turning these two opposite effects on and off; thus, inflationary instruments have to be blunt and overused.

news.goldseek.com >> 2 March 2011

International Forecaster March 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Many ask, what will happen when quantitative easing ends? China doesn’t want to accumulate more Treasury and Agency bonds and we find the buying from London and the Cayman Islands questionable at best. We have always suspected that the real buyers in part from those locations were the Fed. Quite frankly we believe that QE2 is much further ahead in issuance than we are told. Remember they actually began adding liquidity last June. Problems as a result of such creation of money and credit have been the leveraged unnatural elevation of the stock market.

news.goldseek.com >> 27 February 2011

International Forecaster February 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The world is awash in dollars and that is being reflected in the USDX, which are six major currencies versus the dollar. The loss of value is being loudly trumpeted as the IMF says a replacement must be found. This is the same IMF that has been foisting non-gold backed SDRs on us since 1969. Every time they have tried this it has been a failure. We can give the Illuminists an ‘A’ for effort, but what they do not get is that the professionals and investors see right through it.

news.goldseek.com >> 23 February 2011

International Forecaster February 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Public debt has become a problem worldwide. What is becoming more and more evident is that it is unsustainable and simply unpayable. It could be compared to a giant Ponzi scheme. We see no meaningful debt reductions thus, government will have to raise taxes, which will further suppress the economy, or people and companies will be forced to buy such bonds, or perhaps pension and retirement funds will be seized to continue the game for a while longer.

news.goldseek.com >> 21 February 2011

International Forecaster February 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Fed tells us there is no inflation. Somewhere down the road we are told interest rates will be allowed to rise. After nine months of monetary injections employment is yet to really improve. The concept of an exit strategy seems to have been lost in the shuffle. It isn’t mentioned anymore. As a result of these failures QE2 continues and talk of QE3 is heard on Wall Street. After three years of QE1, QE2 and stimulus all that has been accomplished is the bailout in the financial sectors of the US and Europe and the purchase of Treasury and Agency securities.

news.goldseek.com >> 16 February 2011

International Forecaster February 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Rather than have designation to what the Fed is doing we believe to a great extent the term quantitative easing will fade from the major media and Fed announcements, probably to be replaced by a term such as accommodation. As time passes more and more professionals and investors will realize that this massive creation of money and credit is destroying the capital structure and the dollar. Other countries are emulating the Fed in various ways and degrees and that is why the USDX, the dollar index versus six major currencies has not plunged as it should have. It is lower, but it is not a true reflection of what is really in progress. Gold has spent the last 2-1/2 years directly competing with the dollar for supremacy as the world’s reserve currency and hands down the dollar has lost in an accelerating flight to quality to gold and silver.

news.goldseek.com >> 13 February 2011

International Forecaster February 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The discontent and seeds of rebellion existed for a long time in Egypt as it has in many other countries. The major powers of the world were content with Mr. Mubarak, especially the US, which gave him $60 billion over 30 years and allowed him to move $70 billion over that period into secret bank accounts in England, Switzerland and Europe, while Egyptians lived on the edge of starvation over that time frame. Both the US and UK never saw a dictator they didn’t like.

news.goldseek.com >> 9 February 2011

International Forecaster February 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The administration and those who control it, the House and Senate, want us to believe that debt can be paid out of revenues now and forever. As inflation and perhaps hyperinflation set in we could easily see 10% interest rates. If that happened debt service would consume more than 40% of tax revenues. The projection that tax receipts over the next four years would grow by 1/3rd is ludicrous. That is more than 12% a year. Further increased taxation would send more companies and jobs offshore. The bottom line is that further will impede GDP growth and further stagnate the economy.

news.goldseek.com >> 6 February 2011

International Forecaster February 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Euro zone participants who have financial problems, Greece, Ireland, Portugal, Belgium, Spain and Italy are expected to deflate via austerity and at the same time be more competitive. This is supposed to be accomplished quickly so that overhanging debt can be extinguished. This, of course, is an impossible task. You have the IMF demanding austerity and EU members demanding growth.

news.goldseek.com >> 2 February 2011

International Forecaster February 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Chinese President Hu Jintao has come and gone. During that visit we saw no discussion concerning human rights, as demonstrations and riots continue in China, nor was there any discussion of trade and business practices. How can presidents not discuss economic and financial developments and policies when China is the largest world exporter? We are sure they were discussed, but behind closed doors. It was as if everything was scripted and the media colluded completely. It is important to remember China has a predatory communist government. Their economic and monetary policies are similar to the Keynesian philosophy practiced in the US, a corporatist fascist program. As a result of the use of what can be considered forced slave labor and currency manipulation they control a good part of world trade, particularly with the US. As a result China has a $2.85 trillion foreign exchange surplus and holds about $900 billion in US dollar reserves. In fact, as a result, China has some of the very same bubble problems that America has. China is booming and the rest of the world is not.

news.goldseek.com >> 30 January 2011

International Forecaster January 2011 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The US welfare state rumbles on and in some sectors of business it is being encouraged. We have to assume this attitude is based on more and increasing profits. Needless to say, it is cloaked in language that refers to the poor suffering people. The economy in the US and in many other countries is being run by and for major corporate interests. It is called corporatist fascism. Not many truthfully call it that, but that is what it is. We have government paid for and controlled by wealthy corporatist interest. In America you have $14 trillion in short-term debt and $105 billion in long-term commitments. Then there is the off budget items, such as wars and occupations that adds considerably to this debt, all attuned to keep the welfare state running. Both parties refuse to cut much of anything, although the Republicans say they will. We are skeptical after watching the tax bill become an $862 billion pork stimulus package. Discretionary spending is where the cuts will probably occur if there are any.

news.goldseek.com >> 26 January 2011

International Forecaster January 2011 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There is nothing dumb about the financial media. They know exactly what they are doing. All they want to do is keep their jobs and in that process they sell out themselves, their families and friends, other people and their country. They know government statistics are bogus, but they won‘t report that, because if they did they will be discharged. There are two sets of alternative figures. One shows inflation at 6.75% and the other 8%. As we have reported before the PPI reflects 13-1/2% to 14%, so how can official inflation be 1.2%? If this is truly the case how can inflation be tame with food and energy prices going through the roof?

news.goldseek.com >> 24 January 2011

International Forecaster January 2011 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Today’s energy prices will reflect a loss in buying power of more than $60 billion in the US alone. Higher grain and meat prices will add $40 billion to total, a loss in buying power of $100 billion. By the looks of it costs and inflation will rise further causing further cuts in GDP consumption. These costs will affect 70% of the stimulus and QE2. That means very little consumption gains and stagnant unemployment.

news.goldseek.com >> 19 January 2011

International Forecaster January 2011 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
When you stop and think about it, the Fed’s main instrument of monetary policy, the manipulation of interest rates has been lost to it. That is two years with the same rate. What has become very obvious is that an official rise in rates would create all kinds of havoc. The same is true for Europe. This past week the ECB held rates steady as well. South Korea raised their rates. As the TV camera panned downtown Seoul we observed a large sign that said buy Korean – so much for free trade.

news.goldseek.com >> 16 January 2011

International Forecaster January 2011 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Between now and the end of the year, most likely in the fall, we’ll see major financial and economic problems in Greece, Ireland, Portugal, Belgium, Spain and Italy. Those events will sorely test Germany, France, Holland and Austria.

news.goldseek.com >> 12 January 2011

International Forecaster January 2011 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Great pressure could be bought to bear in behalf of gold and silver prices if the US and European public were to get involved. Their participation has been lackluster. The gold and silver markets have just been forced into another consolidation, which makes the possibility of a deeper correction less likely. Eventually a reserve currency, or a world index of currencies has to be backed by gold.

news.goldseek.com >> 9 January 2011

International Forecaster January 2011 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Gold has become again the world reserve currency. It is just that few realize the transition has already taken place. For the past 11 years every major currency has fallen in value versus gold from 13 to 20 percent annually. Versus silver, the figures range from 17 to 25 percent. This is a clear-cut ominous trend of a flight away from all currencies to gold and silver and quite a flight to safety. This movement by worldwide investors cannot be ignored. There obviously are many people that see what we see and in that process are dumping currencies for gold and silver related assets. Unfortunately, Americans are far behind in these changes with only 2% of the population participating. Ladies and gentlemen the second stage of the gold and silver bull market has just begun. Prices have fallen from their highs, what a great time to buy.

news.goldseek.com >> 5 January 2011

International Forecaster January 2011 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
With Ben Bernanke as our Shepard how can we go wrong? He tells us quantitative easing is not inflationary. He says that with assurance because he knows all the CPI statistics are as realistic as a Madoff Ponzi scheme. He also tells us he doesn’t create money out of thin air. He fails to mention that he does so digitally. His job is to further enrich the elitists who own the Fed and want to create a new world order. Prices are up 6-3/4% across the board as official inflation has only risen 1.2%.

news.goldseek.com >> 3 January 2011

International Forecaster January 2011 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Chairman of the Federal Reserve, Ben Bernanke, would have us believe that if it were not for QE1 unemployment would have been considerably higher. Since QE2 began in June, U6 has only improved by ¼%. Perhaps better numbers are on the way, but that has not been an auspicious start. If we remember correctly almost all the funds in QE1 and now in QE2 have been lent to financial firms in the US and Europe, transnational conglomerates and governments and central banks. Most of those funds have been held on balance sheets to fain solvency. Very little has reached the public or to reduce unemployment. All we have to show for 2-1/2 years is a financial sector hanging on by a thread and more massive debt in the trillions.

news.goldseek.com >> 29 December 2010

International Forecaster December 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Mr. Bernanke, Chairman of the Federal Reserve, a private corporation, would have us believe that, quantitative easing is the only way to save the US economy and to reverse the unemployment problem. He conveniently forgets to tell you that he authored a paper in 1988 with Mr. Michael Baskin that concluded that what Mr. Bernanke is doing with QE does not work. He told watchers of “60 Minutes” that the jobless rate would have been far higher; something like it was in the “Great Depression” at 25%. If Mr. Bernanke had taken time to have his minions do the research, he would have found that U3 at the peak of the “Great Depression” was 25.2% and U6 was 37.6%. As we write U3 is 9.8% and U6 is 17%. If you strip out the bogus birth/death ratio, real unemployment on a U6 basis is probably close to 22-3/8%, as yet, considerably less than in the 1930s, but impressively unacceptable.

news.goldseek.com >> 22 December 2010

International Forecaster December 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There are some developments that are positive and one is the awakening of the public to what the Fed has been up too. The positioning of Rep. Ron Paul in the House and Bernard Sanders in the Senate should present formidable opposition to the elitists who run the Fed from Wall Street. More than 60% of Americans want to get rid of the Fed and that is positive. The Fed’s purchases of bonds over the last few years has suppressed interest rates and increased bond prices. Those low rates make quantitative easing easier. This monetization heads straight through the open doors of Wall Street to produce ever more leveraged profits in derivatives, options, foreign exchange, stocks and commodities and shorting gold and silver, in what is now nothing more than a vast casino.

news.goldseek.com >> 20 December 2010

International Forecaster December 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
What the tax package proves conclusively is that the President, the House and the Senate have absolutely no intention of getting their fiscal house in order. We will address the lurid details later. There is no change in the policies of borrowing continuously in order to sustain current consumption and to keep the economy from collapsing. As far as we are concerned the hold up in the package was to load it up with pork and stimulus. Some call it bells and whistles – we call it irresponsible. The Fed and all the players are buying time and 70% of the public knows that and they are going along with it. Very few want to face the music.

news.goldseek.com >> 15 December 2010

International Forecaster December 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The experts’ keep telling us how great shopping is this Christmas Season when only 17% of shoppers are using credit cards. That is a drop of 50% from last year, and the lowest usage in 27 years. We guess buyers have unloaded the cookie jar and pulled their savings from under the mattress. The consumer sentiment index has risen 2.6, but we will wait to see if attitudes turn into sales. Home buying intentions continue to fall as interest rates hit 4.66% for a 30-year fixed mortgage this past week, putting a further damper on future sales.

news.goldseek.com >> 12 December 2010

International Forecaster December 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Believe it or not the euro zone and European Union crisis is still in the formative stages. The bailout packages arranged for Greece and Ireland are not to bail out those two countries, but to bail out the European banks that lent to them and bought their bonds when it was imprudent to do so. They knew, because they control the governments that the public of the solvent governments would bail them out. Thus, the governments of Ireland and Greece with Portugal and Spain to follow will be showered with an Anglo-American style bailout. As you know $1 trillion won’t be enough to make the banks happy, so $3 trillion will be needed.

news.goldseek.com >> 8 December 2010

International Forecaster December 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Policy makers within the Treasury and the Fed are only interested in delaying and extending the timeline trying to find and extricate themselves from one of the most dangerous fiscal and monetary failures of all time. They know they and their controllers have no solution. QE1 and QE2 have temporally saved them financially, but have not saved any economy, especially the American economy. In addition it has added to the severity of the crisis.

news.goldseek.com >> 5 December 2010

International Forecaster December 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Presently many of our subscribers tell us that people who they explain the problem to think gold and silver are too high. We heard the same thing when gold was $350.00 and silver was $10.00. Unfortunately, 98% of the population doesn’t have a clue to what is going on. They do not understand the massive printing of dollars and credit that has been flooding the world.

news.goldseek.com >> 1 December 2010

International Forecaster December 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Federal Reserve’s balance sheet grew a 4th straight week to $2,328 trillion, up $31 billion in a week. In May the balance sheet was $2,333 trillion. Holdings of government securities totaled $901.24 billion, and rose $27.62 billion. Mortgage holdings were unchanged and Agency holdings fell slightly. It might interest you to know that over the past seven years federal debt has doubled to almost $14 trillion. That is more than $100,000 for every American household.

news.goldseek.com >> 28 November 2010

International Forecaster November 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The 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.

news.goldseek.com >> 24 November 2010

International Forecaster November 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The social net has become a bit more frayed. Soon extended unemployment benefits will cease and 2 million Americans will have to dip into their savings, if they have any. This is an outgrowth of the effects of free trade, globalization, offshoring and outsourcing. We have lost 8.5 million jobs over the last ten years to this destructive process. We have seen more than 42,000 manufacturing plants leave the country as well.

news.goldseek.com >> 21 November 2010

International Forecaster November 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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 co-operation 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.

news.goldseek.com >> 17 November 2010

International Forecaster November 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The overhanging problems we have just discussed lead us to the antidote. Those with foresight who understand the problems are headed for safety, a flight to quality. That historical investment venue includes gold, silver and commodities. Conservative analysts and economists are thinking in terms of $3,000 gold, and $100 silver and a CRB of 400. Why shouldn’t they? Official inflation since 1980 would reflect gold at $2,400. Real inflation based on 1980s formula would mean gold should be selling at $7,700 an ounce. That is quite a difference, but it is realistic and who knows how excessive the market might become.

news.goldseek.com >> 14 November 2010

International Forecaster November 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Mr. Bernanke is trying to avoid the Japanese experience of the past 20 years. Underlying deflation is being offset again, as it has been for the past eight years, by creating more money and credit. The only one lose to our prediction of mid-May of $5 trillion over two years is Keynesian economist Paul Krugman. He said the Fed would need $6 trillion. The Republicans seized the House and all that has really been accomplished is gridlock, the end of stimulus and a cut of perhaps $100 billion in debt.

news.goldseek.com >> 10 November 2010

International Forecaster November 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The cult of Keynesianism is about to come upon very hard times. The quantitative easing plan, known as QE1, did not produce a recovery in the American economy. Now one of its staunchest advocates, Fed Chairman Ben Bernanke, has embarked officially on QE2. It is our belief that QE2 will be no more successful than QE1 and it may well be followed by QE3. You might ask why are not other policies being used the answer is the followers of Lord Keynes don’t know what else to do, and they know what they are doing does not work.

news.goldseek.com >> 7 November 2010

International Forecaster November 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This week in gold and silver has certainly been spectacular in spite of continued US government manipulation. The professionals and big hitters just lie in wait for the cartel to push prices down, so they can take them back up again. After almost 20 years of price suppression the government, Fed and other central banks are getting another taste of their own medicine.

news.goldseek.com >> 3 November 2010

International Forecaster November 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The UK, Europe, the US and Canada are different degrees of welfare states. By way of regulation, government controls via taxation. The states and their inhabitants send taxes to Washington, which takes its cut and sends funds back to the states with strings attached. You either do what we want you to do, or we cut off your funds. The states and the people are subject to extortion with government using their funds to do so. By using regulations, welfare and extortion, the federal government creates dependency.

news.goldseek.com >> 31 October 2010

International Forecaster October 2010 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The recognition of currency war, which has been going on for years, reflects the failure of international cooperation and the failure the G-20 to find a solution of the beggar-thy-neighbor policies of almost every nation. The result has been growing geopolitical dislocation, which G-20 has yet to find a solution for.

news.goldseek.com >> 27 October 2010

International Forecaster October 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As the Friday Night Financial Follies continues regulators on Friday shut down two small banks in Florida and two in Georgia, lifting to 136 the number of U.S. banks that have fallen this year as soured loans have mounted and the economy has sputtered.

news.goldseek.com >> 24 October 2010

International Forecaster October 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The foreclosure crisis has set its sights on MERS, the Mortgage Electronic Registration Systems, which files almost all of the foreclosure actions in behalf of lenders. The problem never anticipated by lenders is that the company has no legal standing to do such things. In addition they broke the law by not requiring a notarized document of transfer of title signed by the seller and buyer.

news.goldseek.com >> 20 October 2010

International Forecaster October 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we write the US dollar is in the process of trying to find at least a temporary bottom at 76.50 and to launch a countertrend rally. We would think a rally back to 80 is achievable, but we do not believe it’s sustainable - only some stabilization through the election. Japan drew a line in the sand at 82 and finished last Friday trading at 81.37. That does not smack of success, but we see improvement over the next two weeks.

news.goldseek.com >> 17 October 2010

International Forecaster October 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Today’s great debate basically between the US and Europe is – should the Fed go full bore by implementing a second quantitative easing? In part it is a moot point, because they have been doing just that in the repo market for four months without letting anyone know what they were up too. Their mandate is to reduce inflation and create full employment. Real inflation is 7% and unemployment is 22-3/4%.

news.goldseek.com >> 13 October 2010

International Forecaster October 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The question keeps swirling around regarding the Fed and just how much Treasury paper they can buy from the market under current rules. Our guess is about $1.7 trillion. A good part of that may well be in notes, which will probably keep long dated rates low. On the other hand they may increase the current limit, and buy everything in sight.

news.goldseek.com >> 10 October 2010

International Forecaster October 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In spite of the disinformation, misdirection and outright propaganda the economy is faltering without the addition of stimulus and quantitative easing. The benefits of inventory accumulation over the past 17 months, which accounted for 60% of the strength in the economy is at an end. We either get more stimulus either governmental or from the privately owned Fed or growth is going to continue to drop.

news.goldseek.com >> 6 October 2010

International Forecaster October 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Joblessness still dogs the economy, which needs 125,000 jobs monthly just to keep up with population growth. As we await September’s statistics we wonder if they’ll be as bad as August’s loss of 54,000 jobs? This unfortunate situation has been going on for more than three years; 22 million Americans do not have jobs and some 10,000 million additional are forced to work part-time, some 34 hours a week.

news.goldseek.com >> 3 October 2010

International Forecaster October 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There is no question that those who control our government from behind the scenes are bound and determined to take over the $6 trillion in private pension plans. Whether they’ll be successful remains to be seen. The Department of Labor wants to force all IRA’s and 401k’s into the arms of a corporate fascist government, that knows better what is good for you, than you do. You would exchange your hard earned investments for a guaranteed, government annuity that is not worth the paper it is written on.

news.goldseek.com >> 29 September 2010

International Forecaster September 2010 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It is interesting to watch Wall Street defy reality. This is a scene we’ve observed since the early 1960s, the effect of debt on the economy and the nation and in turn on its currency. The result of the profligacy over all those years is the biggest bull market in history in gold and silver. As we write gold is toying with $1,300 and silver with $21.50. Each day a new high is reached in spite of a pending options expiration and the perpetual market rigging and manipulation by the US government.

news.goldseek.com >> 26 September 2010

International Forecaster September 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We recently saw gold at $1,300.00 an ounce. That is a long way from $35.00 an ounce on August 15, 1971, just a year shy of 40 years, from when President Nixon closed the gold window. Over the past ten years gold has been up about 20% a year. Shares and mint state graded numismatic coins have certainly outperformed gold bullion.

news.goldseek.com >> 22 September 2010

International Forecaster September 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules.

news.goldseek.com >> 19 September 2010

International Forecaster September 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The fight for monetary supremacy between the dollar and gold for over the past 16 months has been won by gold and that is why gold is moving higher and the dollar lower. The recent intervention in the currency markets by Japan, ostensibly to weaken the yen, assisted by the US and foreign central banks, won’t strengthen the dollar for any appreciable period of time. The US dollar has broken down and there is no going back.

news.goldseek.com >> 15 September 2010

International Forecaster September 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
On Friday, September 10, 2010, Horizon Bank, Bradenton, FL was closed by the Florida Office of Financial Regulation and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.

news.goldseek.com >> 12 September 2010

International Forecaster September 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There is no question the US monetary system is in serious trouble and the situation continues to deteriorate. The smug elitist owners of the system are not getting the desired results and there is great consternation among the players. Since 1913 in running US monetary policy the Fed has had one recession after another and two depressions. The second one is the one we are now in.

news.goldseek.com >> 8 September 2010

International Forecaster September 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The American public is alarmed at what they see going on. Most of them do not understand what has been done to them. The propaganda fed to them daily has them completely confused and that is understandable. They know the financial sector has been bailed out and they somehow have to pay the bill. They have been deceived and few of them want to admit it.

news.goldseek.com >> 6 September 2010

International Forecaster September 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In a futile attempt to keep the economic and financial system afloat, QE2 is underway. It began in early June as banks changed the rules for awarding loans. There efforts over the past few months have only met with moderate success. Banks had cut back lending by some 25% over the past 16 months mainly to small and medium-sized companies.

news.goldseek.com >> 1 September 2010

International Forecaster September 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Almost two years ago the US Treasury was selling large amounts of short-term Treasury bills to fund bailouts and stimulus. That caused a major increase in debt. Most of that paper was 2-year bills and it is coming due for rollover shortly. While that transpires, October will report the annual fiscal deficit of 9/30/10 of about $1.5 trillion, a figure thought impossible just 1-1/2 to 2 years ago.

news.goldseek.com >> 30 August 2010

International Forecaster August 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Congressional Budget Office thinks the country faces serious budget problems, as well as serious economic problems, because it estimates that the deficit for 2011 will be $1.066 trillion. In addition it sees fiscal 2010, which ends on September 30th, at $1.34 trillion, or 9% of GDP. Last year was 9.9%.

news.goldseek.com >> 25 August 2010

International Forecaster August 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Debt is everywhere and it certainly is onerous. We all have heard about the sovereign debt crisis, the debt of Greece and the debts of Ireland, Spain, Portugal and Italy. During that process the euro fell from $1.50 to $1.187; which gave euro zone exporters quite an advantage. The euro has since rebounded to a high of $1.33 and for now settled in near $1.28.

news.goldseek.com >> 22 August 2010

International Forecaster August 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
When the dollar is no longer viable, Fed monetization of debt will accelerate and the trade deficit will be unpayable. Foreigners will stop shipping goods to the US and the cost of domestic goods will skyrocket. That will bring chaos, but from the point of view of elitists that is better than deflationary depression.

news.goldseek.com >> 18 August 2010

International Forecaster August 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
When government interferes with free markets they cease to work properly. Measures that interrupt and manipulate distort markets on a short to intermediate basis, but the final result is never in doubt. Things are altered but only little changed. What is serious about intervention is that it breaks the social and political contract between government and the people. This is the type of social engineering and pragmatism espoused by John Maynard Keynes, which brings us to where we are today.

news.goldseek.com >> 15 August 2010

International Forecaster August 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we explained in the last issue that when GDP figures are again revised we would find 2nd quarter GDP growth was really 1.3% to 1.5%, not 2.4% revised down from 3.7%. This experience points out the really bogus nature of government statistics. Several months ago we projected that without QE the economy in the 3rd quarter would result in 1% growth and minus 1% in the 4th quarter.

news.goldseek.com >> 11 August 2010

International Forecaster August 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Well, it's just the same old, same old, business as usual in America. The Fed creates money out of thin air, uses it to keep the economy from teetering over the edge of destruction as ludicrous salaries and bonuses are collected by Wall Street Illuminists and as US consumers are deceptively informed that we have green shoots sprouting up and that recovery is just around the corner.

news.goldseek.com >> 8 August 2010

International Forecaster August 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It was only a month ago that the Dow closed at 9686. From there it started to move back up again as insiders learned of the Fed’s plan to inject $5 trillion into the economy over the next two years. The result has been a run up to 10,674. We figured out what the Fed was up to, but most everyone else did not.

news.goldseek.com >> 4 August 2010

International Forecaster August 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This effort at normality allows gold to perform as a safe haven under both inflation and deflation. It is irrelevant whether it is inflation or debt duress. Gold moves upward to protect the owners of gold as others perceiving the same problems purchase gold as a safe haven. This effort of the last 11 years has effectively over the past 15 months allowed gold to become the world’s premier currency as the dollar wallows in debt.

news.goldseek.com >> 1 August 2010

International Forecaster July 2010 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
While we wait, watch and listen, the Fed decides when the banks will be given the word to start lending to get the domestic economy back to neutral. Action is needed quickly because the world economy is quickly deteriorating, and their recovery is simply not happening, as the administration admits to a fiscal deficit of $1.4 trillion.

news.goldseek.com >> 28 July 2010

International Forecaster July 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we long ago predicted, 2005 was the beginning of the collapse of the housing bubble. The result was financial chaos and a credit crisis that enveloped the US, Europe and eventually the world. Some would like us to believe that materialism and selfishness were the reasons for bubbles, but the causes go far deeper than that. US, UK and European central banks, due to their greed for power, and a desire for world government, allowed debt to get totally out of control.

news.goldseek.com >> 25 July 2010

International Forecaster July 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The talk of recovery pervades insider thinking. The major media worldwide plays the same refrain. This is a desperate attempt to befuddle the public with misdirected propaganda to preserve confidence in a system that is in a state of collapse. As CNBC leads the charge, loss of faith in the system grows with each passing day.

news.goldseek.com >> 21 July 2010

International Forecaster July 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Now mind you, the Federal Reserve, which Congress has now put in charge of our entire financial system, is the privately owned, and largely foreign owned, central bank of the US which has always operated, and which continues to operate, in total secrecy, and with zero accountability. So, after the Fed destroyed our economy with malice aforethought, it certainly must have made perfect sense to the apparent morons and village idiots in Congress to put the Fed completely in charge.

news.goldseek.com >> 18 July 2010

International Forecaster July 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The crisis affecting Europe is nothing new. It goes back three years and the beginning of the credit crisis, 60% of the subprime CDOs, collateralized debt obligations, had been sold to European institutions. These were the mortgage bonds, which contained a variety of toxic waste, which the rating agencies, S&P, Moody’s and Fitch, in collusion with banks and brokerage houses, had sold as AAA bonds, when in fact their ratings should have been considerably lower.

news.goldseek.com >> 14 July 2010

International Forecaster July 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The oft-quoted American sports slogan, “Winning isn’t everything. It’s the only thing!” could well be attributed to the economic importance of firm formation in creating jobs. A relatively new dataset from the U.S. government called Business Dynamics Statistics (BDS) confirms that startups aren’t everything when it comes to job growth. They’re the only thing.

news.goldseek.com >> 11 July 2010

International Forecaster July 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Markets in Europe will return to their historical tribal roots and live naturally. Most countries will be far more prepared to enter a new free market and be comfortable doing so. This would include decentralization and diversity. Getting rid of the euro and the EU will be the best thing in years that has happened to European countries. Needless to say, this won’t go over very well with the New World Order crowd. They will again have been unsuccessful.

news.goldseek.com >> 7 July 2010

International Forecaster July 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Recently we were again witness to three gold market takedowns. The first was engineered just prior to and into gold and silver options expiration. Then prior to the ETF GLD gold option expiry and the last manipulative attack commenced just prior to the dreadful unemployment housing and inventory statistics. This sort of action began in 1988 with the signing of the Executive Order by President Ronald Reagan entitled the President’s Working Group on Financial Markets,” ostensibly created to neutralize events such as the October 1987 collapse of the US stock market.

news.goldseek.com >> 5 July 2010

International Forecaster July 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Ten days ago we reported the most recent data on gold reserve holdings as presented by the World Gold Council, where we pointed out that Russia had purchased 27.6 tons of gold in the most recent reporting period, bringing its total to 668.6 tons. It appears Russia is only getting started. According to the latest IMF data, in the period between April and May, Russia added another 22.5 tons, bringing its May total to a fresh record of 703.1 tons. Russia "has added gold every month since at least February." At the same time, The International Monetary Fund’s gold holdings fell by 15.25 metric tons (490,286 ounces). "Reserves of gold at the IMF were 2,951.58 tons at the end of May compared with 2,966.83 tons at the end of April, data on the IMF’s website show." Good thing the world's bailout cop is doing all it can to keep gold prices low by transacting in the open market instead of in pre-negotiated transaction, This “is an indication that they will continue to sell the remaining 137.5 tons on-market as opposed to via off-market transactions with other central banks,” said Daniel Major, an analyst at Royal Bank of Scotland Group Plc in London. “Indeed the decline in gold sales from European central banks and purchases from India, Russia and China in recent years demonstrates gold’s growing popularity with central banks.” Well, all Central Banks except those that are printer happy of course, and are now loaded to the gills with toxic debt that will continue to impair their currencies until the bitter Keynesian end.

news.goldseek.com >> 1 July 2010

International Forecaster June 2010 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Fed Chairman Ben Bernanke tells us the American recovery is struggling because of European austerity. Does he really expect us to believe that? There is no question austerity in Europe will lead to a deflationary depression. Unemployment will rise quickly, which means major cuts in government spending and lessened revenues. Beside the public those affected the most will be towns, cities and states, many of which are on the edge of insolvency surprisingly even in Germany.

news.goldseek.com >> 23 June 2010

International Forecaster June 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The devastating results of Keynesianism didn’t take hold of the western world until after WWII. Cycles were created for the accumulation of wealth. A boom occurs and you get wealthy from investments on the way up and even wealthier on the way down, because the elitists are controlling the supply of money and credit and interest rates.

news.goldseek.com >> 16 June 2010

International Forecaster June 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Were it not for the Federal Reserves purchase of Treasury and Agency bonds the US would already be unable to raise funds to service debt and issue new debt, and it would already have descended into national bankruptcy. It is no wonder the Fed does not want to be audited. Through various artifices the Fed has been purchasing US treasury paper.

news.goldseek.com >> 13 June 2010

International Forecaster June 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we have noted before the rage of 1789 in France cost the heads of 300,000 tormentors out of 30 million Frenchmen. The question that presents itself is will something like this occur again in our times.

news.goldseek.com >> 9 June 2010

International Forecaster June 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
A monumental event is taking place in Europe, of a scope that makes the credit crisis in the US of the past almost three years, look small by comparison. Those in the financial community do not understand the ongoing detrimental effect it will have on the entire world economy.

news.goldseek.com >> 7 June 2010

International Forecaster June 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Austerity is the new go to word in Europe. Unfortunately Europe doesn’t know the meaning of the word. Greece, Spain and Portugal have already announced big spending cuts, as did Ireland and even the UK. All of the cuts are residual and not worth the volume to take into serious consideration. Cuts of $9.5 billion by the US and $12.3 billion by Germany, are a drop in the bucket. Who do they think they are fooling?

news.goldseek.com >> 2 June 2010

International Forecaster June 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We believe an inflationary depression began in February of 2009, and little has changed. Since then factory output has increased, as have inventories and other outward signs, such as retail sales. We believe that one-year spurt is ending, unless a new stimulus program is put in place.

news.goldseek.com >> 31 May 2010

International Forecaster May 2010 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Part of the deflationary mode is borrowers are paying down debt and saving at a 3.4% rate. It could be the elitists, as we speculated months ago, want to take down the entire world financial system in the next 1-1/2 to 2 years. Hi Ho stimulus. The fiat Ponzi scheme is collapsing.

news.goldseek.com >> 23 May 2010

International Forecaster May 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Keeping up with today’s dysfunctional markets is very difficult because they change hour by hour. The problems of Europe have stolen center stage from US problems. The focus is on Europe, but we all should remember trillions of dollars have been injected into the US financial system since mid-2007. All are attempting to maintain the façade that all is well, when in fact all is not well.

news.goldseek.com >> 19 May 2010

International Forecaster May 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
World markets are dysfunctional and stability doesn’t exist. Man set distortions and economic imbalances - a system that functions without regulation, derivatives and unbridled and unfettered speculation, surrounds us. Leveraged speculation dominates the markets, particularly debt instruments. Unfortunately, this speculation is fostered by government and central banks perpetual willingness to bail out everyone in banking and finance just to keep the system afloat.

news.goldseek.com >> 16 May 2010

International Forecaster May 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Wednesday was another wild day to the upside in precious metals. Spot gold rose $22.80 to $1,242.70, as June rose $18.00. Spot silver rose $0.37 to $19.64 and June rose $0.23. As you can see after the Comex spot close the shorts went to work on both metals again. It is interesting that the CME traded 241,207 contracts Thus, the late closes of the outside months are becoming more important due to their increasing volume.

news.goldseek.com >> 12 May 2010

International Forecaster May 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Greece has its immediate financing. Now the question is can they follow the prescription? In all likelihood the answer is no. the bond markets are reflecting that via a lack of confidence. In fact, some bond markets are falling apart and there is no end in sight. We have bond rating firms lowering ratings, as the rating services themselves are under serious fire and we do not believe they will be around long. The big question is why did it take two years and 10 months to react?

news.goldseek.com >> 9 May 2010

International Forecaster May 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
It was 7 years ago we said Fannie Mae and Freddie Mac were bankrupt. Most everyone within the beltway knew it, but no one would say anything about it. This as it now turns out they were the poster companies, which led to sovereign debt problems, but also showed that they were involved in massive fraud over several years and many in Washington knew it.

news.goldseek.com >> 5 May 2010

International Forecaster May 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There are only two kinds of gold and silver to own. Physical gold and silver that are located above the ground and that are also in your possession (which can be owned via coins, bullion, jewelry, etc.), and physical gold and silver that is located below the ground (which can be owned through producer shares which represent an ownership interest in the ore containing the raw and unprocessed metals).

news.goldseek.com >> 2 May 2010

International Forecaster May 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
America and the world face a financial conflagration of immense proportions. The world of fiat money and massive credit is buckling under the pressure of unpayable debt. Each day the safe haven of gold and silver related assets become more attractive. We ask where else do you go for safety? A conflagration is a fire out of control and that is exactly the conditions the world faces today. The inflationary depression has smoldered for 14 months and it will soon accelerate.

news.goldseek.com >> 28 April 2010

International Forecaster April 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
One thing the Greek crisis has shown us is that gold is a viable alternative to currencies. In spite of all the manipulation by the US government and the consistent blatant attempts to suppress both gold and silver they come back time after time. Gold finished last week strongly, as did silver and this week they will have to hold off the onslaught of our elitists, as both gold and silver options expire simultaneously.

news.goldseek.com >> 26 April 2010

International Forecaster April 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The collapse of the fiat money system is underway and each day picks up momentum. The only question is how long it can survive? In the interim we are faced with inflation and perhaps hyperinflation as the privately owned Federal Reserve and other central banks add stimulus and money and credit into their financial systems.

news.goldseek.com >> 21 April 2010

International Forecaster April 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Criminality reigns and the games go on. We recently saw the games of fraud explicitly displayed by the antics of Lehman Bros. They kept bad assets off the books by dumping them into what is now known as swap 105’s. What is stunning is the SEC was on the scene and new exactly what was going on; as did the NY Fed, guided by our current Treasury Secretary tax cheat Tim Geithner.

news.goldseek.com >> 18 April 2010

International Forecaster April 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
One of the reasons for less bank lending is the almost non-existent market for securitized bonds. Investors have so many bad loans on their books that they refuse to commit to further risky investments. This means banks are forced to hold this toxic paper on their books and that inhibits them from lending at higher levels.

news.goldseek.com >> 14 April 2010

International Forecaster April 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Those of you 60 years old and older will spend the next 25 years struggling to survive one of the worst depressions in history or doing whatever you can to support your children and grandchildren.

news.goldseek.com >> 11 April 2010

International Forecaster April 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We have seen the Fed and the US Treasury execute policy that has served to bail out the financial industry that created the conditions that have persisted for more than 2-1/2 years. During that period Wall Street, banking and insurance may have been saved, but nothing has been done to solve the problems of the economy.

news.goldseek.com >> 7 April 2010

International Forecaster April 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Almost every day in almost any currency your purchasing power in terms of gold is less and less. Thus, these currencies in which you save the fruits of your labor are cheating you out of your savings.

news.goldseek.com >> 4 April 2010

International Forecaster April 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We have an economy run on smoke and mirrors, based on the manipulation of markets. That was accomplished via the executive order signed by President Ronald Reagan in 1988 in the aftermath of the stock market collapse of October 19, 1987, known as the “President’s Working Group on Financial markets.” This order intended to be implemented during emergencies has been used to manipulate markets worldwide 24/7.

news.goldseek.com >> 31 March 2010

International Forecaster April 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Bubbles have a hard time coming to an end, especially in residential real estate. Underlying forces such as government intervention to prolong the agony and the abject stupidity of builders extends the bubbles. We are in a vast home inventory expansion and builders are going to build 535,000 new homes. The projected foreclosure rate could give us as much as a 3-year home inventory, up from present levels of about a year, if one includes the lenders shadow inventory.

news.goldseek.com >> 28 March 2010

International Forecaster March 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We are at a juncture where governments cannot really help like they could previously and in order to survive they will have to take care of themselves. For the moment they have neutralized a bankrupt banking system by creating enough liquidity to offset deflation. As demands grow the need for liquidity grows just to keep the insolvent system afloat. This approach is funding sovereign debt, but it is not allowing loans to small- and medium- sized businesses and individuals. The system’s worst days lie ahead. Take advantage of the interlude, it will be short lived.

news.goldseek.com >> 24 March 2010

International Forecaster March 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Over the past 50 years we have seen many bubbles. They have come and gone and the aftermath sometimes has lasted years, all from the courtesy of our privately owned Federal Reserve. We can remember those many years ago when we tried to explain to others that the Fed was owned by American and European bankers we were scoffed at. Well, finally the message has gotten through. These are the people who create bubbles for profit and power.

news.goldseek.com >> 21 March 2010

International Forecaster March 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There was no turning back after June 2003. The last bubble was in the process of being created. The collapse of real estate, both residential and commercial, had been put in place and their fateful journey had begun. The credit expansion had begun and there would be no stopping it until it had run its course.

news.goldseek.com >> 17 March 2010

International Forecaster March 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The past week the Connecticut Attorney General Richard Blumenthal sued Moody’s Investors Services and Standard & Poor’s over falsified debt ratings. This suit is the first of its kind against rating agencies under the state’s unfair trade practices law. The AG is seeking penalties and fines that could reach into billions of dollars.

news.goldseek.com >> 14 March 2010

International Forecaster March 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The dramatic and costly undertow of deflation continues unabated, as government via fiscal policy and the Federal Reserve, by creating money and credit out of thin air, proceed to overpower this deflation with massive inflation.

news.goldseek.com >> 10 March 2010

International Forecaster March 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Every important factor we see is working against the dollar and we believe that trend is irreversible. That means the present dollar rally probably cannot endure and it could well be the time to short the USDX.

news.goldseek.com >> 7 March 2010

International Forecaster March 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Sovereign debt hangs like an albatross around the necks of too many countries. There are 17 medium-size to large countries that are close to, or are bankrupt. Many are being kept solvent by using two sets of books and by marking to model. As you know we expect these bankruptcies to take place by the end of 2011.

news.goldseek.com >> 3 March 2010

International Forecaster March 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We are not going to go into the lured details regarding residential and commercial real estate, but we are going to give you some highlights. We began telling subscribers to sell real estate in June of 2005, long before anyone else. We picked the top just as we did in September 1988 at the top.

news.goldseek.com >> 28 February 2010

International Forecaster February 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Brotherhood of Darkness is in full retreat due to exposure of their evil machinations via the Internet and via alternative radio, television and shortwave broadcasts. They are rushing headlong to destruction, making mistakes as they accelerate their plans to implement world government. Within the next six months, the gold and silver cartels will be broken as physical demand overwhelms physical supply, and as the COMEX, LME, GLD, SLV and various private mints, and their multi-level scams in paper certificates, shares, OTC derivatives and futures contracts are exposed and shown to be almost totally naked.

news.goldseek.com >> 24 February 2010

International Forecaster February 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
People should not underestimate the rational of those in high places because their agenda may be totally different then what they say it is. That includes the predicament of Dubai and Greece and a host of other nations that include the US and UK. The credit crisis, borne of the subprime crisis just didn’t happen; it was planned that way. Are we supposed to believe that the Fed took interest rates close to zero and that they flooded the monetary system with money and credit, because they were incompetent or stupid, hardly?

news.goldseek.com >> 21 February 2010

International Forecaster February 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The US Federal Reserve is sitting on significant paper losses on the real estate assets it acquired in the Bear Stearns rescue, with much of the red ink coming from debt used to back some of the most high-profile buy-out deals of the bubble years.

news.goldseek.com >> 17 February 2010

International Forecaster February 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
When the next census is over America will probably have 320 million people. The number of Americans 50 years ago was about 184 million. Our budget then was about $100 billion. Today it is supposed to be $3.8 trillion. We call that spending gone wild. Government control of the economy has become bigger and all consuming at what will prove to be an unsustainable pace.

news.goldseek.com >> 14 February 2010

International Forecaster February 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Under the guise of “protecting Americans” and choosing itself in so-called “national security,” the current Obama administration wants to be able to control the ability of people and organizations to access the Internet.

news.goldseek.com >> 10 February 2010

International Forecaster February 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The inflationary depression still dominates and probably will continue to do so. In time the stimulus will fail to work and the world will slip into total insolvency and deflationary depression. The old M3 is about 3%, but we still have $23.7 trillion floating around. Not only is the US bankrupt, but also so is the rest of the world. It is now only a question of when the dominos will fall.

news.goldseek.com >> 7 February 2010

International Forecaster February 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As we have been forecasting for the last two years, the second wave of mortgage defaults and foreclosures will hit the economy this year. Not only will we have failure in prime loans and option-arm loans, but we are faced with a new crop of subprime and ALT-A loans put into motion by Fannie Mae, Freddie Mac, Ginnie Mae and FHA. In addition, we find it of great interest that the FHA is changing the rules to purchase homes. That, of course, means less homes will be purchased.

news.goldseek.com >> 3 February 2010

International Forecaster February 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The recent election in Massachusetts of Republican Scott Brown to the Senate was a seminal event. It ended the Democratic administration’s ability to ram through legislation. It changed the game. The locomotive hit the bunter.

news.goldseek.com >> 27 January 2010

International Forecaster January 2010 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Paul Volcker is back and things are about to change in Washington. A split has occurred between the paper forces of Goldman Sachs and JP Morgan Chase. Mr. Volcker represents Morgan interests. Both sides are Illuminists, but the Morgan side is tired of Goldman’s greed and arrogance. Volcker cannot be called old school or anachronistic. He represents sanity in an insane financial world even though he is an integral and powerful part of the elitist structure. He represents a change in gears and approach.

news.goldseek.com >> 24 January 2010

International Forecaster January 2010 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Few professionals are yet willing to admit we have been in a depression for the last year. You have to understand the position that economists and analysts are in. They work for corporations, insurance, Wall Street, banking and government and if they thought we were in a depression and they publicly announced that all chances for advancement would be lost or they would be squeezed out of the firm or simply fired.

news.goldseek.com >> 20 January 2010

International Forecaster January 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Last January we predicted that there would be another stimulus program this year. Congress has already passed legislation to continue unemployment benefits, which the Senate will approve as well. Those out of work cannot survive without such assistance, as our transnational conglomerates continue to send our jobs to foreign lands. The question is will the unemployed, as a result, receive benefits indefinitely, as these elitist corporations park their profits in tax havens tax-free?

news.goldseek.com >> 18 January 2010

International Forecaster January 2010 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The 10-year T-note auction showed a bid to cover of 3 to 1, versus a 10 auction average of 2.67%. We have been told over and over again a weak dollar would build exports and turn our balance of payments deficit down. Well, it hasn’t happened yet.

news.goldseek.com >> 13 January 2010

International Forecaster January 2010 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Americans borrowed less for a 10th consecutive month in November with total credit and borrowing on credit cards falling by the largest amounts on records going back nearly seven decades. The Federal Reserve said yesterday that total borrowing dropped by $17.5 billion in November, a much bigger decline than the $5 billion decrease economists had expected.

news.goldseek.com >> 11 January 2010

International Forecaster January 2010 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The number of Americans filing for personal bankruptcy rose by nearly a third in 2009, a surge largely driven by foreclosures and job losses. And more people are filing for Chapter 7 bankruptcy, which liquidates assets to pay off some debts and absolves the filers of others.

news.goldseek.com >> 6 January 2010

International Forecaster January 2010 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
On thing we can say for sure about 2009 is that markets witnessed the worst manipulation ever by the President’s “Working Group on Financial Markets.” Over a 15-month period ending 9/30/09, together the Fed and Treasury borrowings were $2.81 trillion. This has been the greatest creation of financial aggregates in history. This tidal wave of money and credit was accompanied by just above zero interest rates. Then there was the Fed’s trillion-dollar purchase of toxic mortgage securities, which the Fed refuses to tell us what they paid for them and from whom they bought them.

news.goldseek.com >> 4 January 2010

International Forecaster January 2010 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Hunkering down by the fire, I snuggled up with H.R. 4173, the financial-reform legislation passed earlier this month by the House of Representatives…It authorizes Federal Reserve banks to provide as much as $4 trillion in emergency funding the next time Wall Street crashes. So much for “no-more- bailouts” talk. That is more than twice what the Fed pumped into markets this time around. The size of the fund makes the bribes in the Senate’s health-care bill look minuscule.

news.goldseek.com >> 16 December 2009

International Forecaster December 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The past two years have seen the greatest outpouring of money and credit from central banks and governments in history. In most countries interest rates cannot fall much lower being presently under 1% or close to zero. You might call this an attempt at fiat money recovery. As a result of pump priming for the past six months or more investors have returned to the same gambling and risk taking they engaged in before, the losses of which caused the world economy to come to the edge of the financial abyss. All sectors of investment are again affected by a casino mentality.

news.goldseek.com >> 13 December 2009

International Forecaster December 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Congressional appropriators agreed Tuesday night to give civilian federal employees a 2 percent pay increase -- which includes a locality pay increase President Obama didn't want. Government workers will get a 1.5 percent nationwide increase in base pay and a 0.5 percent average increase in locality pay. The final agreement goes against the wishes of Obama, who called for a flat 2 percent jump and no locality increase.

news.goldseek.com >> 9 December 2009

International Forecaster December 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Our government continues to do its best to suppress gold and silver and commodity prices. Their ham-fisted presence was quite evident this past week and it was only marginally successful. All they accomplished was to make an unnatural correction in a market that could have needed a natural correction. The underlying fundamental factors are still very bullish. The technicals and the long-term charts as well as pro-gold and silver psychology are still in place.

news.goldseek.com >> 6 December 2009

International Forecaster December 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
After two weeks sifting through over one thousand pages of SEC filings for the largest banks, I have the same concerns. While Washington ponders what to do, or not do, about reforming Wall Street, the nation’s biggest banks, plumped up on government capital and risk-infused trading profits, have been moving stuff around their balance sheets like a multi-billion dollar musical chairs game.

news.goldseek.com >> 2 December 2009

International Forecaster December 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This past week was one of utmost turmoil in world markets. In the midst of an American holiday, Dubai faced bankruptcy for some $100 billion. Another unsuspected untoward event. The exposure of the Dubai event coming as it did could have been discovered at any given time, thus, we question the timing.

news.goldseek.com >> 30 November 2009

International Forecaster November 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The following information may be the most important we have ever published. One of our Intel sources, highly placed in banking circles, tells us that on 1/1/10 all banks that have received TARP funds have been informed by the Federal Reserve that they must further restrict any commercial lending. Loans have to be 75% collateralized, 50% of which has to be in cash, which is a compensating balance.

news.goldseek.com >> 25 November 2009

International Forecaster November 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Investors buy gold when there is inflation and when there is a flight to quality. They buy gold when they no longer trust currencies, due to government or central bank profligacy. Due to those and other reasons gold has broken out to new highs. It could well be that gold may never see $1,000 again.

news.goldseek.com >> 22 November 2009

International Forecaster November 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
There is now no question that the Fed is in the process of massively devaluing the dollar, which is an insidious and subtle way for them to tax and confiscate your dollar-based wealth. This will lead to a much higher cost of living and diminish purchasing power as foreign imported goods rise in cost.

news.goldseek.com >> 18 November 2009

International Forecaster November 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Federal Reserve faces the biggest blows to its authority and independence in five decades under legislation championed by its lead overseer in the U.S. Senate. The financial-regulation overhaul proposed yesterday by Senator Christopher Dodd would strip the Fed of its role as a bank supervisor and give Congress a greater voice in naming the officials who set interest rates. The measure opens the door to interference from politicians who might disagree with any move by the Fed to raise rates from record lows, former central bank officials said.

news.goldseek.com >> 15 November 2009

International Forecaster November 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
One of the outcomes of Fed policy of near zero interest rates is that seniors cannot live on an income of 1-1/% and that pension funds, insurance companies and endowments cannot fulfill their commitments. As yields eventually rise, although the Fed has signaled that is at least a year away, and if Japan is any guideline, we could be 19 years away from solving the problem of fiduciaries.

news.goldseek.com >> 11 November 2009

International Forecaster November 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The American journey that began on 8/15/71 is going to end over the next several years. The problems that have manifested themselves over the past few years signal the final stages of a destructive process that has stifled production and innovation and encouraged fraud in Wall Street and banking. The injection of money and credit into the financial system via the Fed and the Treasury has almost exclusively benefited the wealthy financial sector and has spread only crumbs to American citizens.

news.goldseek.com >> 8 November 2009

International Forecaster November 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
By giving the legacy banks the excuse not to continue lending due to the threat of Basel II mark-to-market rules, which rules were temporarily delayed by the FASB (Financial Accounting Standards Board) to delay recognition of losses so the Illuminists could continue to milk the system by originating and packaging their fraudulent loans and securitizations for profits to fund outrageous salaries and bonuses, the recovery of the US economy has been choked off for everyone except the Illuminists and their corrupt, "anointed," financial institutions.

news.goldseek.com >> 4 November 2009

International Forecaster November 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Almost all the excessive hedge fund de-leveraging is over. Banks have continued to hold 40 to 1 leveraged positions, because they cannot exit them without a major economic recovery without going bankrupt. Our government remains trapped in the same old bubble mentality in its activist control banking and policymaking having issued $1.9 trillion in additional debt over the past year. Banks and government still do not see the warning signals.

news.goldseek.com >> 1 November 2009

International Forecaster October 2009 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
US lawmakers were set to propose a new law on Wednesday that would discourage people from raiding their retirement savings early to see them through tough financial times or to splash out on expensive items.

news.goldseek.com >> 28 October 2009

International Forecaster October 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Most professionals, investors and the public still do not understand that we are facing a total breakdown of financial markets, which in turn will take down the economy as well, and will lead to a depression of five years or more. There are no solutions; the problem should have been attended to in 1990. After June of 2002, there was no turning back. The damage inflicted will take years to heal. Those who created the crisis, who are now supposedly trying to fix it, are playing for time.

news.goldseek.com >> 25 October 2009

International Forecaster October 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The G-20 finance ministers meet in Scotland on November 6th and 7th, and they will all be bleating about the fall in the dollar. France started this week, and the others will follow. Their currencies are rising in value and they do not like it.

news.goldseek.com >> 21 October 2009

International Forecaster October 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The big question for the banks is will the government perpetuate this fraud? We do not know, but we rather think they may for the good of the country. If fraud continues it will be for the benefit of Illuminists who run the banks, brokerage houses, insurance companies and transnational conglomerates. Either way again all they are doing is buying time; the end result will be the same. The banking, brokerage and insurance businesses are still broke. Nothing has been done to fix the underlying problem.

news.goldseek.com >> 18 October 2009

International Forecaster October 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.

news.goldseek.com >> 14 October 2009

International Forecaster October 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Our view is that the elitists are currently buying time for the dollar, and stalling the rally in precious metals, by weakening other currencies until they are ready for the big stock takedown/correction. This process of supporting the dollar is becoming extremely expensive and difficult, so they had to take the Dow down 200 points on Thursday to start some stock contagion in Asia and Europe to flush some money into dollars and treasuries.

news.goldseek.com >> 11 October 2009

International Forecaster October 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The number of Americans filing first- time claims for unemployment benefits fell last week to the lowest since January, a sign the labor market is deteriorating more slowly as the economy emerges from the recession.

news.goldseek.com >> 7 October 2009

International Forecaster October 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This all comes back to 8/15/71, the day the US left the gold standard. The only way the dollar can be saved is by a return to the gold standard. Unfortunately that won’t and can’t happen because we do not believe the US has any gold left and even if they did they still wouldn’t have a gold backed currency.

news.goldseek.com >> 4 October 2009

International Forecaster October 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The bear market rally will soon be over. It rallied 1,300 Dow points that it should have. All the back up data as to why this is in process was included in the last issue. The rally induced many investors to stay long and they did recoup as much as 80% of their losses in some instances. Now it is time to exit and move into gold and silver shares. Probably the biggest key is that gold recently spent two weeks above $1,000 and we believe gold is prepared for a breakout that will take its price anywhere from $1,200 to $1,700 an ounce. Gold’s long-term reverse head and shoulders pattern, one of the most powerful patterns in charting is in a breakout mode.

news.goldseek.com >> 30 September 2009

International Forecaster September 2009 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
What is going to happen next is that the 6-month stock rally is about to end. It took everything the Fed could muster to accomplish this. As the market heads lower government, Wall Street and banking will have to contend with irate shareholders and retirees as well as owners of stock, life cash value insurance policies and annuities.

news.goldseek.com >> 27 September 2009

International Forecaster September 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Nearly half the nation's 25 biggest retail chains expect to hire fewer holiday workers this season than they did last year, another sign that retailers aren't counting on recession-strained shoppers to relax the tight grip on their pocketbooks this year.

news.goldseek.com >> 23 September 2009

International Forecaster September 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As pick and pay and prime loans crash into foreclosure and their high to high medium priced homes descend in value, how can Wall Street and Washington celebrate a slight increase in low-priced housing? As you can see, from figures appearing later in the issue, whatever stability there might be is being supplied by the Federal Reserve. It is a make believe market with 85% of mortgages being funded by government agencies at taxpayer expense. There is no cause for celebration as government and the privately owned Fed shove systemic problems somewhere off into the future.

news.goldseek.com >> 21 September 2009

International Forecaster September 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
To borrow from an old joke about politicians, we ask our subscribers if they know how to tell when Helicopter Ben Bernanke, the current Fed Head, is lying. Answer: Whenever his lips are moving. Now we hear from the Dollar-Destroyer that our recession has technically ended (heaven forbid that we should call our current Fed-caused calamity a depression, which is what it has been since Obama took office). So we guess that we should take his word for it, seeing that every call he has made during his short tenure as Chairman of the Federal Reserve Board has been 100% wrong.

news.goldseek.com >> 16 September 2009

International Forecaster September 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
What do you do after you have zero interest rates and you have flooded the world with money and credit? The answer is you attempt to fight off higher interest rates and see if you can dodge the inflation bubble that follows. The commitment for this current fiasco to save the world’s Illuminist banks has already caused an official debt responsibility for the US of more than $23 trillion of about 40% of world GDP.

news.goldseek.com >> 13 September 2009

International Forecaster September 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Almost all important, pertinent data reflects continued weakness in the economy, especially retail sales and unemployment. There are small signs of inflation in spite of bogus government figures. In the flight to quality we see stronger gold, silver and commodities despite heavy market manipulation by the government.

news.goldseek.com >> 9 September 2009

International Forecaster September 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In 2009, China opened up various exchanges for investment in both gold and silver to the Chinese public, who previously were not allowed to invest in gold and silver. The opening of silver exchanges to the Chinese public is the most recent development and was accompanied by a ban on silver exports. The Chinese government is actively touting both gold and silver as an investment to the Chinese public, and with good reason.

news.goldseek.com >> 8 September 2009

International Forecaster September 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Planned job cuts by US employers fell to 76,456 in August, down 21% from 97,373 in July says, Challenger, Gray & Christmas. Although job cuts slowed they are up 1.07 million from January through August - 60% higher yoy.

news.goldseek.com >> 2 September 2009

International Forecaster September 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Illuminists are desperate. They are appealing the Bloomberg directive to reveal who received funding to keep from going bankrupt from the Federal Reserve. In addition HR 1207 will pass in the House this month. The question is in what form. No matter what happens the Illuminati knows we are hot on their trail. They have to do everything possible to end the depression, or go for broke.

news.goldseek.com >> 31 August 2009

International Forecaster August 2009 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Historically about 1/3rd of Americans do not file income tax and only 15% of illegal aliens file. That has cost government about $500 billion a year. Americans are fed up and more are becoming non-filers and more are underestimating or hiding income. It is essentially a tax revolt. Why do you think federal revenues fell so precipitously? People are sick and tired of taxation without representation. They are also outraged at the bailout of banks, Wall Street and insurance companies and a few crumbs for the average American.

news.goldseek.com >> 26 August 2009

International Forecaster August 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Since March we have watched a stock market rally borne by low volume and short covering. The gains are reminiscent of the rallies of 1930 and 1932. What you are witnessing is a rally engineered by our government. If you watch the tape and you can read it you can see exactly what they are doing, and how they are doing it.

news.goldseek.com >> 23 August 2009

International Forecaster August 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The same parallel applies to our financial system. The Illuminati wanted to make it look like our financial system was broken as an orgy of fraud was paraded before us by our fane-stream media due to a lack of regulatory action. They took away Glass-Steagall courtesy of henchman Slick Willie Clinton and are now trying to replace Glass-Steagall with the Fed, when it is the Fed that is the base cause of virtually all our financial woes.

news.goldseek.com >> 21 August 2009

International Forecaster August 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Many things affect markets. Other markets, superfluous liquidity, fiscal and monetary policy, and public perception. Professionals are the first to react to changing conditions. We must not, of course, leave out the negatives, such as staggering climbing unemployment, foreclosures, bankruptcies and a general malaise, which temporarily is being offset by greatly loosened monetary conditions.

news.goldseek.com >> 5 August 2009

International Forecaster August 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The stock market continues its bear market rally, which is very similar to the rallies in 1930 and 1932. What we are seeing at this stage of the rally is the shares of smaller companies and companies with low ratings outperforming better issues on low volume. 85% of the market has broken out above its 50-day moving average, but the quality of leadership is very questionable. After 50 years of observing markets we know from experience that these kinds of rallies at this stage end the overall rally.

news.goldseek.com >> 2 August 2009

International Forecaster August 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
On Wednesday the Treasury’s five-year auction yield was 2.69% with 21.15% allotted at the high and bid to cover was 1.92 to 1. The average of the past ten auctions has been 2.20%. Indirect, central bank participation was 35.7% versus an average of 36.8%. Overall that was weak demand. Do not forget the Treasury has to raise $2 trillion by 9/30/09.

news.goldseek.com >> 29 July 2009

International Forecaster July 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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.

news.goldseek.com >> 22 July 2009

International Forecaster July 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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.

news.goldseek.com >> 20 July 2009

International Forecaster July 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Due to a very successful second quarter, Goldman has set aside $226,156 per employee in compensation – a 75% increase per employee. That means annualized compensation could be $1 million per employee for the year. We find this of great interest inasmuch as the recently converted bank received a $10 billion taxpayer bailout via Goldman’s connections in Washington.

news.goldseek.com >> 15 July 2009

International Forecaster July 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Last week the Dow fell 1.6%; S&P fell 1.9%; the Russell 2000 fell 3.3% and the Nasdaq slipped 1.8%; cyclicals fell 3.6%; transports 1.5%; consumers 1.6%; utilities 1.4%; banks 2.3% and broker/dealers 2.8%. High tech fell 1.8%; semis 1.8%; Internets 2.1% and biotechs 2.7%. Gold bullion fell $19.50 and the HUI gold index fell 8.4%.

news.goldseek.com >> 13 July 2009

International Forecaster July 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The world is looking aghast at the dollar as the Treasury runs short of money to fund its deficit beyond revenues of $1 to $3 trillion and as the Fed monetizes trillions of dollars. What would you think if you had 64.5% of your foreign exchange in US dollars? That is almost $1.8 trillion. Some of these buyers have ceased buying and if that continues interest rates will head higher and the cost of carrying such debt will increase. As a result the dollar, of course, would move lower.

news.goldseek.com >> 8 July 2009

International Forecaster July 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Obama administration may start its program to spur purchases of mortgage-backed securities from banks with about $20 billion in public and private money, down from as much as $100 billion when the effort was announced in March, sources said. The Treasury Department will provide about $1.1 billion in capital to eight to 10 money managers it will select for its Public-Private Investment Program.

news.goldseek.com >> 6 July 2009

International Forecaster July 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
After having written so long about the Fed nothing should rally surprise you. The Fed, under attack by Ron Paul’s HR-1207, came out with a strong offense for a defendable defense. Being granted more financial dictatorial power it is the antithesis of what America needs. In essence America is being handed a financial dictatorship.

news.goldseek.com >> 28 June 2009

International Forecaster June 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As you have already seen this is a worldwide depression and no one will escape. Europe’s economy is already in a shambles as is the US economy. Inflation will rage all over the world, because every nation has created massive amounts of money and credit as demanded by US and British elitists. They have all overmedicated the patient. As the Broadway hit play of many years ago told us, we are going to have to go through a “Period of Adjustment.” Some nations will get off easier than others. There will be no decoupling and many nations could have revolutions.

news.goldseek.com >> 24 June 2009

International Forecaster June 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This idea of a non-bank currency issued directly by a government free of any interest burden is along the lines of what Presidents Lincoln and Kennedy did, and tried to do, respectively, for the US. Their boldness in promoting the welfare of US citizens cost them their lives. They did not want to become interest slaves to a private national bank, and chose to issue our own official currency directly from our Treasury Department free of the interest burden imposed by a privately owned, debt-based, European-style fractional reserve banking system, which is what our Founding Fathers fought a war to free themselves, and their posterity, from.

news.goldseek.com >> 21 June 2009

International Forecaster June 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Since hyperinflation is clearly in our future, let's talk about what inflation really is, what causes it, what the different degrees or levels of inflation are, and what it takes to put a stop to inflation?

news.goldseek.com >> 17 June 2009

International Forecaster June 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The next major move in the stock market will be down. We are seeing the last vestiges of a rally similar to what we saw in 1931. The rally we expected at 6600 up to 8500 will end as soon as all the financial institutions that need to sell what stock is necessary to bolster their balance sheets. Our guess is the rally has been aided in a big way by short covering and the participation of the US government. Those who believe the SEC has stopped naked short selling are sadly mistaken.

news.goldseek.com >> 14 June 2009

International Forecaster June 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The big question is how long can the dollar last as the world’s reserve currency? Needless to say, that is not an easy question to answer. We recently called the top on the dollar at 89.50 on the USDX. The USDX is six currencies versus the dollar on a weighted basis. More than a year ago the dollar hit a low on the USDX at 71.18.

news.goldseek.com >> 10 June 2009

International Forecaster June 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
On Friday, we had the latest edition of the FDIC “Friday Night Financial Follies” as regulators on Friday shut down Bank of Lincolnwood, a small bank in Illinois, marking the 37th failure this year of a federally insured bank. More are expected to succumb amid the pressures of the weak economy and mounting loan defaults.

news.goldseek.com >> 7 June 2009

International Forecaster June 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
A recovery is supposed to be in the works in the midst of increased savings, declining debt balances on credit cards, more bankruptcies, higher unemployment and new wave of foreclosures. Consumer participation in GDP is down from 72% to 70.4%. Bank and other financial firms’ balance sheets are what they say they are and we have a stock market bear rally built on sand just as we had in 1931. And, lest we forget, bogus government statistics calculated to confuse professionals and investors alike. What an upside down world.

news.goldseek.com >> 3 June 2009

International Forecaster June 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Re-emergence of dollar vulnerability has taken almost all professionals by surprise. That has been prompted by the expansion of the Fed’s balance sheet, the upward movement in interest rates and the massive monetization that has been underway for some time. The Fed like many other central banks has been extending money and credit for the past 5-1/2 years. Those who watch closely were well aware of this. That is why the Fed has not published M3 for three years.

news.goldseek.com >> 31 May 2009

International Forecaster May 2009 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Then there is the 26,500 tons of gold which the World Gold council allocates to private investment. Just who do you think most of those private investors are anyway?

news.goldseek.com >> 27 May 2009

International Forecaster May 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Americans may just be beginning to understand the US strategy regarding the credit crisis, but foreigners understand what they are up too. The US is creating a stealth default on its debt by continuing to issue massive amounts of money and credit and in the process devaluing the dollar. This, of course, is fraud, but other nations have defrauded the US for years by cheapening their currencies and subsidizing goods and services.

news.goldseek.com >> 25 May 2009

International Forecaster May 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
US Treasuries and gold have waged a silent fight for dominance in investors’ flight to safety over the past 22 months. Gold has been suppressed over that period by manipulation by the President’s “Working Group on Financial Markets,” via the US Treasury and the privately owned Federal Reserve. In spite of this ongoing intervention into what are supposed to be free markets gold has held its own.

news.goldseek.com >> 20 May 2009

International Forecaster May 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The excuses coming out of Wall Street and Washington are truly mind-boggling. We wonder how the public swallows them. One of the latest is that for one-week applications for jobless benefits had fallen. That is good, but we’d need a number of weeks of reduction for the fall to be meaningful. Anything to keep the market from falling. This has been followed by a long line of liars telling us we had bottomed out in the economy. The same litany we’ve been hearing for 22 months.

news.goldseek.com >> 18 May 2009

International Forecaster May 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We have come a long way from Dow 14,168 and we have just completed a strong bear market rally based on little but hopes, dreams and the assistance of the “Working Group on Financial Markets” under the guidance of the Treasury and the Fed. We believe the bear market has a substantial distance to fall as the debt sector is purged.

news.goldseek.com >> 13 May 2009

International Forecaster May 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Secrets of the Federal Reserve: The Federal Reserve Act was legislated in 1913 to end recessions, panics and depression. Over that almost 100-year period they have been eminently no more successful then their predecessors. The Fed is a private corporation, which guides US monetary policy. Its staff is from Wall Street, banking, and transnational conglomerates and occasionally from academia.

news.goldseek.com >> 10 May 2009

International Forecaster May 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
On Friday the dollar completely broke down, with the USDX collapsing to about 82.5, as monetizations by the Fed became a stark reality. A world stock market collapse could be imminent as a source of dollar support. We wonder how low they will let the dollar go before they collapse the stock markets to chase people back into US treasuries, which have also broken down, with treasury interest rates on the rise despite various Fed purchases of treasuries in the hundreds of billions.

news.goldseek.com >> 7 May 2009

International Forecaster May 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
America’s government, Wall Street, banking, the whole financial sector and major corporations are rife with fraud. One of the latest scams is the Foreclosure Prevention Plan, which has been extended to second mortgages. Homeowner mortgage payments will fall as will the interest rate. As we predicted more than five years ago, the government will end up owning half of the homes in America.

news.goldseek.com >> 4 May 2009

International Forecaster May 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
In the first three weeks of April this year, insiders for NYSE listed companies sold 8.32 times more stock, by dollar value, than they purchased. What does that tell you? We won't insult your intelligence by answering. If ever there was an indicator to identify a sucker's rally, this would be it.

news.goldseek.com >> 29 April 2009

International Forecaster April 2009 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
America is no longer a republic. It has degenerated into a system where the rich run the country by having purchased all of our political institutions. As a result Americans have become sheeple who are being terrorized by the ruling illuminist class. We recently saw signs of unhappiness at the “Tea Parties” held around the nation. Those kinds of activities are healthy in a Democracy, but they have to be turned into further action - not just an email here and there to Congress.

news.goldseek.com >> 26 April 2009

International Forecaster April 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This past January, before the new president was inaugurated, in commemoration of the 30th anniversary of the establishment of diplomatic relations between the US and China, a conference was held by the Chinese People’s Institute of Foreign Affairs and the Kissinger Institute on China. Former President Jimmy Carter, Henry Kissinger, Brent Snowcroft and Zbigniew Brzezinski led the US delegation.

news.goldseek.com >> 22 April 2009

International Forecaster April 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Truth Movement has become a real thorn in the side of the Illuminati. So many people are now finally catching on to their sinister plans that their usual strategies are not working. The facts and predictions divulged to the public via the Truth Movement have proved to be too accurate for the Illuminati to counter with their usual bogus rhetoric because no one believes them anymore.

news.goldseek.com >> 19 April 2009

International Forecaster April 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
American’s ruling class, which controls Wall Street, banking and government, continues to suppress the less fortunate. Over the years we have seen these elitists rescue themselves at the expense of the American public. Any professional observer knows the core of this power structure lies within the Federal Reserve, which has created booms and busts for almost 100 years.

news.goldseek.com >> 15 April 2009

International Forecaster April 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Tiny Tim wants to have the FDIC finance, at six to one leverage without recourse, the public-private partnerships which will overpay for toxic waste to create a market for these "assets" at somewhere near par so the balance sheets of the legacy banks and the Fed can be saved at taxpayer expense. The private side of these proposed public-private partnerships does not expect to make a profit, and that is not the point. The real purpose for these public-private partnerships is to enable the Illuminist institutions to buy their trillions in toxic waste FROM EACH OTHER, at values approaching par.

news.goldseek.com >> 12 April 2009

International Forecaster April 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
For those of you too young to remember, the World Bank and the IMF were creatures of John Maynard Keynes, and then assistant Treasury Secretary Harry Dexter White, a soviet spy. They, the IMF and the World Bank, have competed with commercial banks as an instrument of elitist policy, as an adjunct to one-world policy.

news.goldseek.com >> 8 April 2009

International Forecaster April 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Now, courtesy of our new Treasury Secretary, Kissinger protégé Little Timmy Geithner, who is on loan from the Federal Reserve Bank of New York, and Little Timmy's sidekick, Buck-Busting-Ben, chairman of the privately owned Fed, we are about to experience a hyperinflationary money bubble as Little Timmy and Buck-Busting-Ben create and unleash a money supply mania. That money supply mania will cause many other manias, including gold and silver manias, as tangible asset prices skyrocket.

news.goldseek.com >> 5 April 2009

International Forecaster April 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The only way to solve this problem is first to do away with the Fed, which has been a disaster. The whole concept of a privately owned bank, owned in part by non-Americans is insane. We cannot have private banks and Wall Street running Washington and our country as their private fiefdom. We are on the wrong path and we will pay a dear price for our stupidity in allowing these crooks to run our nation for almost 100 years.

news.goldseek.com >> 2 April 2009

International Forecaster April 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This week the G-20 meets. There will be several serious items on the agenda but the most important is the fate of the dollar as a world reserve currency. The US elitists needless to say want the dollar to retain its standing and the Europeans, Chinese, Iranians and Russians want a new international trading unit.

news.goldseek.com >> 29 March 2009

The International Forecaster -- March #8: Gold & Silver, Physical Black Market
By: Bob Chapman, International Forecaster
As long as you do not take physical delivery, they will continue to control the physical supplies of gold and silver via leasing and lying, using "smoke and mirrors" and "creative accounting methods" to hide their nefarious dealings, such as those conducted through the Exchange Stabilization Fund, the London Gold Pool, the naked-shorting of shares in the silver ETF and the leasing of ETF gold and silver to cover short positions of the Illuminist commercials in the paper markets such as CRIMEX futures contracts and OTC derivatives contracts.

news.goldseek.com >> 26 March 2009

International Forecaster March 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
While Ben Bernanke buys $300 billion in Treasuries he is contemplating another $300 billion. In fact there is an excellent chance that the $300 billion, or at least a large part of it, has already been spent. Between you and we, and the fence post, Ben will need at least $5 trillion for monetization. What is being done is to cover debt and save the financial system, not to revise the economy. At the same time, as you have gotten a taste of this week, the dollar was hit very hard. Also on the agenda is hyperinflation. We predicted this in 9/04 and here it is.

news.goldseek.com >> 25 March 2009

International Forecaster March 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Swiss National Bank has no plans to change its gold holdings, directorate member Thomas Jordan said Thursday.

We have a firm stock of 1,040 tons of gold and there are no plans to change anything," Jordan said at the Swiss central bank's annual money market event.

news.goldseek.com >> 19 March 2009

International Forecaster March 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The new mantra for central banks is ‘zero-interest rates’ and an increase of 2% of GDP in money and credit. After this game has spent itself the only room left to maneuver in will be more inflationary increases in money and credit and monetization. Parallel to these actions are exploding budget deficits worldwide.

news.goldseek.com >> 15 March 2009

International Forecaster March 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We believe the Fed started buying new Treasury instruments directly from the Treasury about four months ago. Recently Fed Chairman Bernanke put us on notice that he was going to use all the tools available to revive economic growth. We believe there will soon be news that the Fed is officially buying US Treasuries from the Treasury.

news.goldseek.com >> 12 March 2009

International Forecaster March 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The Masters of the Universe have lost control. The stock market, which had held up for so long has not only broken 7,268 as we forecast, but we broke 6,600 easily this past week. Economists, analysts and newsletter writers still do not get it. Stockbrokers are telling clients you do not have losses until you take them. What do they say when the Dow breaks 4,000?

news.goldseek.com >> 9 March 2009

International Forecaster March 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Recently, a public radio host sponsored an economics professor from MIT. Since he was the former chief economist for the World Bank, you know that he was an Illuminist mouthpiece, a disinformation specialist for the powers of darkness. He was asked where all the money went that has been lost by the tens of trillions in various asset classes such as real estate and the stock market.

news.goldseek.com >> 4 March 2009

International Forecaster March 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
For once we can thank the criminal miscreants in the gold cartel for all their suppressive efforts. As they buy time for themselves so they can bail out of dollar-denominated paper assets and roll the proceeds over into gold, silver and other real tangible assets on the cheap via the scheme we have referred to often as the Big Sting Two, they are also letting everyone else in the general public have more time to learn about gold and silver while precious metals are still affordably priced.

news.goldseek.com >> 2 March 2009

International Forecaster February 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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.

news.goldseek.com >> 22 February 2009

International Forecaster February 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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.

news.goldseek.com >> 18 February 2009

International Forecaster February 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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.

news.goldseek.com >> 16 February 2009

International Forecaster February 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
America has to come to grips with the fact it is bankrupt. We saw this in the early 1980s, and in the early 1990s and again in 2002-2003. Finally it is here again and moving bad assets off bank balance sheets isn’t going to work this time. This time the Illuminists have gone too far, and they are well aware of that. What we are experiencing has been done many times before in history and it has always been unsuccessful. The problem is that in the past these conspirators have been allowed to live on. This time it will be different.

news.goldseek.com >> 11 February 2009

International Forecaster February 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Several months ago we said the relationship between the dollar and gold was over. The days of a lower dollar and a higher gold price are no longer connected in the same way. Gold is now trading on its own as the best of all currencies. The world is headed for zero interest rates and massive increases in money and credit. The rally in the dollar versus other currencies over the past eight months ended a month ago as we forecast. December was the watershed month for gold as it began its present rally, which will soon take it to new highs.

news.goldseek.com >> 8 February 2009

International Forecaster February 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
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.

news.goldseek.com >> 4 February 2009

International Forecaster February 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We say it is insane to target asset prices, rig all stocks, forex and commodity markets, to suppress prices in one area and increase them in another. It is insane to bailout banks, brokerage firms, insurance companies and select elitist transnational corporations. It is insane to borrow and print money and credit to support prices in the debt securitization marketplace. It is insane to try to bail out one quadrillion dollars worth of derivatives. There is no way you can reverse a black hole. $100 trillion won’t resuscitate the system.

news.goldseek.com >> 1 February 2009

International Forecaster January 2009 (#9) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The banking sector continues to deteriorate at a rapid pace and you’d think by talking to banks, insurance companies and Wall Street that nothing was wrong. We may have a new National Bank financed by $200 billion from TARP and $300 billion from the Fed, which would create those funds out of thin air in the furtherance of the Ponzi scheme. The government may take common stock rather than preferred stock, or they may take convertible bonds. It is now evident all the legacy money center banks are insolvent.

news.goldseek.com >> 29 January 2009

International Forecaster January 2009 (#8) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
For a number of years people have wondered when sovereign nations will stop buying Agency and Treasury securities. As we have found out no one really has had that answer, nor does anyone currently have that answer.

news.goldseek.com >> 25 January 2009

International Forecaster January 2009 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
We are not going to belabor this point but it is deadly important. Private equity investors and professionals are pulling their money out of banks. A professional run on banks has begun. If you have CDs or funds in banks that exceed six months of operating expenses remove them immediately. Your alternative is gold and silver related assets or Swiss franc Treasuries. If you need help email me or call 1-800-375-4188.

news.goldseek.com >> 21 January 2009

International Forecaster January 2009 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The real estate crisis is probably about 40% over. They’ll be further declines, residential and commercial, and then a basing out period that will take several years. The injection of cheap interest rates and a stimulus package of $825 billion are going to temporarily delay the downside. Instead of ending in 2011 it could extend to 2012.

news.goldseek.com >> 18 January 2009

International Forecaster January 2009 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Just as we predicted, the US Senate, which is now indisputably the most corrupt body of elitist bootlickers on the face of the planet, has approved the disbursement of the second half of the TARP (Troubled Asset Relief Program) funds to the bankster-gangsters, some 350 billion worth, thus ensuring that the elitists are given their next serving of middle class flesh by the megaton for a whorish feast of epic proportions.

news.goldseek.com >> 14 January 2009

International Forecaster January 2009 (#4) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The concept of decoupling is dead on arrival. The financial crisis is affecting every country throughout the world. It is seeping into the real economy in every nation. Export orders have fallen off a cliff just as consumer buying has. In every nation the crisis has spread into the real economy via both unemployment and inflation. The economists and analysts who scoffed at us almost two years ago when we announced that the recession, are all stumbling over themselves in announcing we may have a depression. Already there is talk that exporters like Japan and China may not recover for years.

news.goldseek.com >> 11 January 2009

International Forecaster January 2009 (#3) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
As this TARP fraud transpired, the Federal Reserve shelled out over 9 trillion in liquidity to their cronies, thus rapidly debasing our currency with total impunity, and the Fed may even be floating unauthorized treasury bonds to absorb toxic waste and to fund bailouts. The Fed's Board of Governors are now the gods of high finance, deciding which companies will survive and which will get vaporized. (Hint: Survivors are Illuminist owned or controlled companies).

news.goldseek.com >> 7 January 2009

International Forecaster January 2009 (#2) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
The anticipation of continued Treasury and Fed monetary creation, a $1.3 trillion or more budget deficit and a trillion dollars in stimulus spending by the new administration should cause a market rally in January and perhaps a while longer. Those who are short the market can consider taking some profits and re-shorting later. We know some of the subscribers have massive gains. You should be all in on gold and silver coins and shares and add to positions whenever you can.

news.goldseek.com >> 4 January 2009

International Forecaster January 2009 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
A re-inflation is on its way. You can just see it coming. Nuts of taxpayer largesse are being stuffed into baggy little banker cheeks via TARP, to be hoarded until the Fed gives the word. An explosive Fed balance sheet, rampant monetization of treasuries, bailouts galore and exchanges of treasuries for toxic waste are offsetting whatever deflationary impacts are affecting the money supply on account of falling asset prices, CDS losses and de-leveraging, to the tune of over $9 trillion dollars.

news.goldseek.com >> 28 December 2008

International Forecaster December 2008 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Dwarfing the Madoff Ponzi scheme, which in the end may turn out to be, at least in part, a scam to feign investment losses for purposes of ripping off insurance companies with invalid claims for fraud while bilking taxpayers out their hard-earned money with deceitful requests for government bailouts and tax breaks, is the Social Security Ponzi scheme.

news.goldseek.com >> 24 December 2008

International Forecaster December 2008 (#7) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
This is going to be very bad for the dollar in the long run. Some even think the dollar will win by default versus other currencies, but in fact they’ll all lose versus gold in varying degrees. A good point to remember is that this time the Chinese are not going to be around to bail out the $2.5 billion daily needs of the US Treasury.

news.goldseek.com >> 21 December 2008

International Forecaster December 2008 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
When, in the wake of the Bear Stearns collapse, Meredith Whitney of Oppenheimer blew in Citigroup for carrying what can only be termed "pseudo-derivatives" at par with bogus AAA ratings, derivatives that were essentially nothing but toxic waste created by Ponzi schemers Rubin and Prince to absorb a portion of the millions of mortgages that should never have been made in the first place, the elitists were caught with their pants down.

news.goldseek.com >> 18 December 2008

International Forecaster December 2008 (#5) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster
Americans and others have no idea what is going on nor do they understand the gravity of the situation. This is an event that only happens once every 500 to 1,000 years. This is going to be one of the granddaddies of all collapses. The elitists had to play boosting the value of real estate to dizzying heights and then burying it in structured finance. In a world of stable real estate prices, SIV’s and CDO’s were relatively risk free, but this was not a stable environment.