BOB CHAPMAN ~ "The International Forecaster" UPDATES

peaceandlove · 04-09-2010, 03:33 AM

A Debt Level Great Enough To Threaten The Dollar Rating

Posted: April 7th, 2010:
By: Bob Chapman

Your purchasing power is less and less with every passing day, changes coming to currencies, no end to corruption in government, Wall Street, and banking, US states on the verge of bankruptcy, economic and financial zombies on the old continent, globalization has brought us to the brink of collapse, Interest rate volatility to come soon, US debt far over GDP, property abandoned.

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.

The US dollar is particularly vulnerable because of its staggering debt even though it is the world reserve currency. In fact the debt is so onerous that we believe the quality rating of the dollar could be lowered by the end of the year. Many other currencies face the same dilemma and in the final analysis only gold will be worth what it is today or in the future.

Unless the US government expropriates Americans’ retirement plans they won’t be able to fund their sovereign debt.

Continues: http://www.theinternationalforecaste..._Dollar_Rating

A Marines Disquisition interview of Bob Chapman

4/8/2010

VIDEO Part 1 of 5 (10:25): http://www.youtube.com/user/TheBobCh.../4/F6fvWtN9VqI

04-09-2010, 03:33 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: BOB CHAPMAN ~ "The International Forecaster" UPDATES A Debt Level Great Enough To Threaten The Dollar Rating Posted: April 7th, 2010: By: Bob Chapman Your purchasing power is less and less with every passing day, changes coming to currencies, no end to corruption in government, Wall Street, and banking, US states on the verge of bankruptcy, economic and financial zombies on the old continent, globalization has brought us to the brink of collapse, Interest rate volatility to come soon, US debt far over GDP, property abandoned. 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. The US dollar is particularly vulnerable because of its staggering debt even though it is the world reserve currency. In fact the debt is so onerous that we believe the quality rating of the dollar could be lowered by the end of the year. Many other currencies face the same dilemma and in the final analysis only gold will be worth what it is today or in the future. Unless the US government expropriates Americans’ retirement plans they won’t be able to fund their sovereign debt. Continues: http://www.theinternationalforecaste..._Dollar_Rating A Marines Disquisition interview of Bob Chapman 4/8/2010 VIDEO Part 1 of 5 (10:25): http://www.youtube.com/user/TheBobCh.../4/F6fvWtN9VqI