Bob Chapman – great radio interview on Silver margin rate increases, vulnerability of the banks with huge short-Silver postions and a whole lot more.

MK – Note: Bob Chapman mentions that I’ve been a fan of his for twenty years. In fact, I’ve been reading Bob since the early 1980′s. He was one of the few who was writing about the international markets and how they interact back then (along with Jim Rogers). His newsletter, International Forecaster (and forerunners), has been doing just that – for decades – and doing it well.

24 thoughts on “Bob Chapman – great radio interview on Silver margin rate increases, vulnerability of the banks with huge short-Silver postions and a whole lot more.”

  1. Carmen Azul

    @Max n Stacy,
    I realize you both are so busy and do so much.. But could you please upgrade your site so it doesn’t require so much tedious scrolling back and going up and down the page to do it to be able to catch up with what has been posted. Most people won’t even ever go back a few pages to see what you posted a day or two ago…
    Thanks,

  3. ronron

    @Stacy. if you don,t want me to post the truth about PM,s in Canada. i won,t. let me know. you could paint me and put me in the garden. :-)

  4. Piccola Economista

    Where does this 3.3 Billion ounce number come from (besides mAx’ imagination)?

    Anybody??

    I’m trying to crunch some numbers for the benefit of logistics (since no one else wants to volunteer), but these bizarre and unfounded assertions aren’t helping…

    Here’s what I got from the COT report thus far…
    22.8% of the NET short position is being held by the BIG 4 (JPM hides in there with perhaps 75% of the bulk)
    apply this to the 213916 Open Interest figure
    and you get approx 48772 contracts, NET SHORT POSITIONS, held by the BIG 4
    multiply by 5000 (Ozs per contract) and you get a grand total of
    243,864,240 Ozs… to which JPM can be attributed to
    182,898,180 Ozs…

    That’s a FAR CRY from this 3.3Bn Ounce number, so help me understand where this all comes from, since it seems many other “bloggers” are using the same figure without qualifying their source…

  5. bbob

    Absolutely !……..He’s great and so is his knowledge of finance and the “New World Order ” as he’s been fighting them for about 50 years. I have heard him do so many selfless kindnesses for people ………He’s the real deal. I look forward to him every Friday on the Alex Jones show.

  6. Marc Authier

    Don’t worry. When the slaves will start to revolt in the United Slaves of America, you masters will not hesitate to use EVERYTHING against you. The FED is the genocide and the holocaust business. They will do ANYTHING and EVERYTHING to millons of people.
    Like in Weimar Germany.

    It’s the same gang by the way. One of these gangster came from Germany and was responsible for the hyper inflation in Germany at the time and the creation of the FED. This ain’t no coincidence. You have to be optimistic but no illusion about the horrors that are coming. Be strong and pray. And buy physical silver furiously.

  8. flicks

    That’s a great interview he even gets a bit fruity with the interviewer.

    Garth – lol do tell – I’m all ears

  11. Garth

    google it

    SEC v. Brian N. Lines, Scott G.S. Lines, LOM (Holdings) Ltd., Lines Overseas Management Ltd., LOM Capital Ltd., LOM Securities (Bermuda) Ltd., LOM Securities (Cayman) Ltd., LOM Securities (Bahamas) Ltd., Anthony W. Wile, Wayne E. Wile, Robert J. Chapman, William Todd Peever, Phillip James Curtis, and Ryan G. Leeds, 1:07 Civ. 11387 (DLC) (S.D.N.Y.) (filed December 2007) (judgment in action involving stock price manipulation) LR-20733

  12. Stav

    CHAPMAN IS LIKE ALL THE OTHER MONEY-CHASING SCUM.

    U.S. SECURITIES AND EXCHANGE COMMISSION
    Litigation Release No. 21577 / June 28, 2010
    SEC v. Brian N. Lines, et al., Civil Action No. 1:07-CV-11387 (DLC) (S.D.N.Y., filed Dec. 19, 2007)
    Court Enters Permanent Injunction and Penny Stock Bar Against Robert J. Chapman in Market Manipulation Case

    The Securities and Exchange Commission today announced that, on June 18, 2010, the Honorable Denise Cote of the United States District Court for the Southern District of New York entered a default judgment imposing a permanent injunction against future violations of the antifraud provisions of the federal securities laws and other relief, including a bar against participating in offerings of penny stocks, against Robert J. Chapman.

    This judgment resolves the Commission’s claims and grants all relief sought against Chapman (except for the determination of monetary relief) in a civil action filed on December 19, 2007. With regard to the monetary relief, the judgment orders Chapman to pay disgorgement, prejudgment interest, and civil penalties in amounts to be determined by the Court. In its Complaint, the Commission had alleged that Chapman had participated in a fraudulent scheme to manipulate the stock price of Sedona Software Solutions, Inc. (“Sedona”), whose shares traded on the Over-the-Counter Bulletin Board.

    The Commission’s Complaint alleged, in pertinent part, that during 2002 and 2003, defendant Chapman, together with certain co-defendants, engaged in a scheme to manipulate the price of Sedona, which had no assets or revenues, through distribution of analysts reports that fraudulently led investors to believe that Sedona had merged with a mining entity that owned operating gold mines. The Complaint alleges that Chapman prepared one of the reports that subsequently were distributed to investors by a promoter involved in the scheme.

    The judgment (i) permanently enjoins Chapman from future violations of Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and Exchange Act Rule 10b-5 (general antifraud provision); (ii) permanently bars him from participating in any future offerings of penny stocks, and (iii) orders Chapman to pay disgorgement, prejudgment interest and civil penalties in amounts to be determined by the Court.

    For additional information, please see Litigation Release No. 20407 (Dec. 19, 2007).

    http://www.sec.gov/litigation/litreleases/2010/lr21577.htm

  13. Steve Cone

    Garth, follow your facts to their logical conclusion. Why do you suppose the US Government (SEC) is johnny-on-the-spot with witch hunts in the persecution of their political enemies, while they refuse to so much as step on the toes of the white shoe boys.

  14. Mike/Liverpool

    The one question that worries me is all this was said in 1980, we even had that film “Roll over” come out about how the $ was finished…………then Paul Volcker BLIZTED Gold with Mega high rates.

    I wonder if they trying the same thing again or some other trick?

    What can the FED do to fight back?
    Could it cut a deal with China?
    Mike

  15. Steve Cone

    SOLON, QUOTED BY DIOGENES LAERTIUS IN LIVES OF THE PHILOSOPHERS:
    “Laws are like spiders’ webs: if some light or powerless thing falls into them, it is caught, but a bigger one can break through and get away.”

  16. bbob

    @Stav

    let me guess …….Stav
    CIA shill ? FBI shill ?. Don’t you know that it’s easy to see through a discrediting propaganda piece as has been tried many times on Catherine Austin Fitts and others who previously worked for the Gov’t., saw the tremendous corruption inherent there and got the hell out, and now speak out for the rights of the individual and sovereignty of same. Bob has been fighting against tyranny for close to 50 years .
    CRASH JP MORGAN…….BUY SILVER !!! and sign up for The International Forecaster !!!

  18. Marc Authier

    @Mike

    Just a problem with that interest rate stuff Mike. Remember ? It’s called the US deficit.

    What would be left of the rest of US economy.

    Here’s why they are screwed. With 15,000,000,000,000 $, an increase in interest rates completely crashes the fascist FED portfolio. And it completely crashes Europe. Now we wouldn’t want to see UK completely crashed ? Woudn’t we Mike ?

    THEY ARE FUCKED ! Completely FUCKED ! Bernanké is a criminal fool.

  19. Marc Authier

    @MIke

    Yeah. Sure ! Mega interest rates with 25% unemployment and record deficits and 54 states bankrupt and 20 million empty houses. Mike you should try to think with your head instead of you dick Cheney. :)

  20. Marc Authier

    @Mike
    Mega interest rates would be just fantastic for all the busted and bankrupt banking system. Ireland and Greece are nice examples of what happens Mike, when interest rates go ballistic.

  21. Marc Authier

    @Mike
    Yeah Mike. That would be just great for all the shit and the vomit on the FED’s balance sheet. Just great indeed to destroy definitively all what is left of the FED. To think of it, an interest rate hike would be just great to destroy the FED and the US federal govenment. A type of collective hara kiri by the FED and the White House. Come on Mike. Be serious. The FED and USA is on smack. Remove the smack and it dies like that. D.O.A. Pouf ! Like Greece and like Ireland.

  23. Marc Authier

    @Piccola the Macaroni

    Know what off balance sheet liabilies are ?

    http://www.24hgold.com/english/news-gold-silver-to-the-top-shareholders-of-jp-morgan.aspx?article=3215074148G10020&redirect=false&contributor=Jason+Hommel

    Easy. JP Morgan sold to suckers, I call them the exquisitely sodomized pseudo investors, some silver ETFs. But here is the catch 22. JP Morgan took the money but never really bought the silver even if it gives the guaranty that the metal is there. But it ain’t !!!!!!! :) LOL

    It’s effectively like counterfeiting silver or naked short selling ! :) LOL
    Glorious stupid investors that think that their ETF has bought silver metal.
    In reality these are just I.O.U. silver.

    THUS THE 3,3 billion ounces of silver short ! on the consolidated balance sheet !!!!!!!

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