Thursday, July 19, 2012

Bob Chapman's Friday Report 4/01/11: The Road of Inflation Will Only End in Tears 1/2

Federal Reserve Interest Rates - Bob Chapman's Friday Report 4/01/11: The Road of Inflation Will Only End in Tears 1/2.
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Bob Chapman's Friday Report 4/01/11: The Road of Inflation Will Only End in Tears 1/2 Video Clips. Duration : 14.22 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Cycles of booms and busts are planned, unpayable debts in many nations, we predicted the demise of the bond market months ago, Ron Paul looks at bogus CPI and PPI stats, world problems affect us here, recent low for the US dollar, near misses at leaky nuclear plant at home at Indian Point, a brutal labor war being waged in Wisconsin. 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. We wrote about the solution as a coupe of other writers did, but no one really wanted to take away the dotcom punchbowl. In late March of 2000 the market began its collapse. We removed our subscribers out of the market in the first week of April, as did Joe Granville, a friend and one of the best market timers ever. Sir Alan Greenspan spent almost 20 years serving his masters who own the Federal Reserve, JPMorgan Chase, Goldman Sachs, Citigroup and many more. The Fed has no independence -- it takes orders from these banks and brokerage houses. This same group controls Congress by paying off 95% of the representatives and senators via campaign contributions and via lobbying. Thus ...
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