Bob Chapman exposes the BIG LIE about Osama Bin Laden's death
Bob Chapman on Osama killing - 'He's been dead since Dec 2001' (6-May-11)(GLOBALFOCUS series)
First Appearance In 10 Years!! Bob Chapman At The Wealth Protection Conference 2011!! Pt 5
The powers behind government obviously believe Americans are very simple people, or just plain dumb. First came the certificate of live birth that a 14 year old could have identified as a total forgery and then came the death of Osama bin Laden, a man who had been dead for ten years. His death was accompanied by the most preposterous tale imaginable. The media mainstream totally controlled by those behind the curtain gave widespread dissemination of these unbelievable lies. We have news for the elitist propaganda machine and that is most Americans do not believe you in either case.
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. As we predicted, the euro had been run up to $1.49 to create a buffer zone for the euro to fall into as Greece went haywire. As we write the euro is $1.41. It is not difficult to catch on to what these one-worlders are up too, as international leaders shake their heads in disbelief and consternation. Mr. Obama’s approval ratings may have climbed 10% and in spite of his trip to Ireland London and France for the G-8 conclave, he is again losing ground fast. He will be back to 35% in the wink of an eye. In the meantime 35% of Americans want an immediate withdrawal from Afghanistan. That is up from 22% a year ago.
CIA asset and poster boy for world terrorism, Osama bin Laden can no longer help the cause of faux terrorism worldwide. His journey from 1984 was a long one. We can remember Ollie North telling us about him in 1986. The goal of the CIA was to bolster the presidency and something else equally important and that is to put an end to the upside performance of gold, silver and commodities. They have been reflecting the failure of the dollar, a victim of unsustainable debt. The events above also have served as a distraction of America’s real problems, which are financial and economic. The lies and temerity are simply unfathomable. Even those with an 80 I.Q. can see through these machinations. We wonder what will happen on August 2nd if the short-term debt is not extended? Is it any wonder that gold and silver have hit new highs in spite of government-manipulated markets? As we have just seen any cuts in entitlement programs such as Social Security and Medicare will result in quick one-way ticket out of the House or Senate. The possibility of small incremental budget cuts over five years and similar tax increases never entered these politician’s minds.
In addition, the financial scam of these scenarios was the deliberate takedown of silver and gold. These brazen, arrogant crooks had the transparent gall to raise margin requirements for silver five times in nine days, while a little bird told the commodities brokerage firms that the CME contract for silver should be doubled from $21,600 to $42,000 to wipe out almost all small and medium sized investors. This shows you the lengths to which government and those who control government will go to crush their antithesis, gold and silver. Again, it worked on the short term, but it cleaned out possible seller overhang and made it very easy for gold and silver to soon test their highs again. The elitists are fighting a losing battle.
As a result of monetary irresponsibility Japan, Europe, England and the US are in serious trouble, that won’t go away anytime soon. That means you do not want to be long the yen, euro, pound or US dollar, or for that matter any other currency. Why waste the effort, just stay long gold and silver coins, bullion and shares. The dollar and many other currencies are failed currencies. All of their debt situations are unsustainable. The US has raised the debt limit 75 times since 3/1962, and number 76 will be reality on 8/2/11. Or will it?
As Treasury auctions come and go the number of foreign buyers dwindles. That means the Fed has to buy exceedingly larger amounts of bills, notes and bonds. It should also be remembered that creating trillions of dollars gives the Fed more power over the system, as well as creating inflation. This kind of policy is explained as being instrumental in saving the system for the good of the people, when in fact it allows the Fed to be able to further control the people. This centralized, nationalized system of total Fed and government control means total government empowerment, something that has been dormant many years, which now comes into full view. The public has little input into government any more due to the fact that 95% of their legislators have been purchased from behind the scenes. They are told, accept this or we will destroy the system. At every turn Americans find they have less and less to say about government. This is how government and those who control it can create any lie and get away with it. This attitude and reality has not been lost to other nations, which express their thought process by buying less Treasuries. Recent data demonstrates that as the Fed had to add $24 billion in treasuries to its balance sheet, as foreign holdings fell the most in four years by $18.7 billion to $2.685 trillion. This fall in purchases is a vote of no confidence. These figures will get larger as each month passes, as other sovereign borrowers bail out. Each day brings the world monetary system closer to the brink. Does anyone really believe the Fed can buy 80% of Treasury sales indefinitely? Ultimately it is impossible, not to mention the horrendous inflation and perhaps hyperinflation created by such a policy.
We expect the Fed will continue its current policy of Treasury purchases. They have already said that they will continue to use funds to purchase that are created by maturing paper instead of reducing their balance sheet. This monetization will continue indefinitely from our viewpoint. As the economy recedes the Fed will declare that more Treasury and Agency purchases are necessary and QE3 will begin, although it will be called sometime else. We expect that to happen in July or August. Remember, the short-term debt extension if not enacted on August 2nd, will give the Fed the perfect excuse to begin QE3, as well. It would also give government the excuse to commandeer your private retirement plans. That would be based on the Treasury having to continue to borrow funds from public pensions to run the government. That wouldn’t be fair, so private pensions would be legislated in as well. Remember, anything is possible with these people.
