Gold Silver And Commodities Likely Safer

Gold Silver And Commodities Likely Safer
An excerpt from Bob Chapman's weekly publication.
November 17 2010:

Oil can burn us badly, no wealth creation, not a good time to raise taxes, the time is now to discuss the antidote, Senate gridlock ahead, bears making lemons out of lemonade. Social Security adjustment in the mail.

We hear stories about oil and about how it will probably move higher, perhaps to $150.00 a barrel and perhaps higher. This is the first time in more than three years that it has moved to lofty levels. The net speculative long position is more than 200,000 contracts, or about 35% higher than in 2007. Some economies are doing well, particularly in Asia and in Latin America, but not enough to create such higher prices. $60.00 a barrel would more nearly meet demand. As is being experience by the entire commodity sector prices reflect the tremendous fear about money and credit unleashed over the past eight years, particularly over the past 2 years under QE1. That has produced unusual profits for commodity producers, as well as base and precious metals producers. This in turn will lead to higher wholesale prices for goods and part of that will spread to services as well. That in turn will force manufactures and others to raise prices, which will cut revenues and to some extent profits. If not passed on to consumers’ profits could fall more dramatically.
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Bob Chapman : gold, silver and commodities make sense in this negative environment

Bob Chapman on A Marines Disquisition

An excerpt from Bob Chapman's weekly publication The International Forecaster of the 20th October 2010..."...This is why gold, silver and commodities make sense in this negative environment. Where else can you go that is safe, as countries are most all developing beggar-thy-neighbor policies? We must say the eurozone has refrained from quantitative easing, but how long can that last? The euro just rose from $1.19 to $1.40, and the 12% to 15% price advantage for exports is in good part gone. Germany and other members will continue to see falling exports and that will put great pressure on the ECB to loosen up and perhaps to reduce interest rates. We are seeing one reflationary cycle after another in most nations and that does not solve the problems. We have seen that in the US with the Bush stimulus, then QE1. That is why QE2 is futile. All it does is enable higher gold, silver and commodity prices. The gold and silver markets have been a lock since June of 2000, or for 10 years. Compounded annual gains of almost 20% a year. These kinds of profits have existed nowhere else over that period. In fact nothing comes close and it is going to continue. What you are seeing is classical economics at play. Not only are they an inflationary, hyperinflationary and deflationary depression play, but they are as well the ultimate currency play. The only entity or currency that has no debt or encumbrances. Today we even have ETFs, that are supposed to have physical gold and silver, but instead are loaded with derivatives. We had best hope the derivatives market doesn’t fold, because if it does all the players therein will have some serious problems, as well the highly leveraged LBMA and Comex....."
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Do not trade stocks commodities or options you will lose says Bob Chapman

Europe is Bankrupt , Germany will pull out of the Union , The PIIGS countries are all bankrupt and will drive the Euro to the mud , The EU project have failed says Bob Chapman

Professional trader and ex broker says that 99.99% of the people should not be trading stocks options or commodities , you will lose if you do says Bob Chapman The International Forecaster ....

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