Why Bob Chapman says $70 silver short term

Discussion in 'Silver' started by mikedm, Jul 30, 2011.

  1. BBQ

    BBQ Member

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    Anything to back this up?
     
  2. hilaire9

    hilaire9 Member

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    After living a life of danger as a Secret Agent Man, Bob Chapman
    became a stock broker, but not without complaints:

    Sept. 1989: THE DEPARTMENT OF CORPORATIONS FOUND THAT ROBERT
    JOHN CHAPMAN, WHILE IN THE EMPLOY OF MUTUAL SECURITIES, INC.
    OFFERED FOR SALE AND SOLD AT LEAST NINE (9) SECURITIES IN
    CALIFORNIA THAT WERE UNQUALIFIED AND NOT EXEMPT FROM QUALIFICATION
    UNDER THE PROVISIONS OF THE CORPORATE SECURITIES LAW.
    SAID CONDUCT INVOLVED THE EXECUTION ON HIS PART OF OVER 200 SUCH
    TRANSACTIONS. FURTHER, CHAPMAN CONDUCTED SAID
    TRANSACTIONS WHEN HE KNEW THAT HE WAS NOT REGISTERED AS AN AGENT IN CALIFORNIA.

    Jan. 1989: RESPONDENT ROBERT CHAPMAN WAS ISSUED AN ORDER TO SHOW CAUSE
    FOR VIOLATIONS OF SECTIONS 301, 201(a) and 204(a)(1)(b) OF THE MICHIGAN
    UNIFORM SECURITIES ACT. CHAPMAN DID NOT REQUEST A
    HEARING, AND A FINAL ORDER WAS ISSUED REVOKING AGENT REGISTRATION, CENSURING,
    AND IMPOSING A CEASE AND DESIST AND A $1,000
    CIVIL PENALTY AGAINST MR. CHAPMAN.

    Sept. 1988: ROBERT J. CHAPMAN WAS PERMITTED TO VOLUNTARILY WITHDRAW HIS PENDING
    APPLICATION; WITH A STIPULATION THAT HE WILL NOT APPLY FOR REGISTRATION IN ANY
    CAPACITY IN THE STATE OF NEW JERSEY FOR A PERIOD OF AT LEAST TWO YEARS.

    May 1988: CHAPMAN APPLIED FOR REGISTRATION IN GEORGIA ON MARCH 7, 1988. APPLICATION
    DENIED DUE TO
    "BUSINESS REPUTATION" AND ORDERS OF DENIAL IN FOUR OTHER SATES AND PREVIOUS
    SUSPENSION IN GEORGIA. MUTUAL SECURITIES
    REQUEST TO WITHDRAW APPLICATION WAS NOT ACCEPTED.

    June 1988: STATE OF SOUTH DAKOTA DENIED MR. CHAPMAN'S REGISTRATION AS AN AGENT BASED
    UPON HIS PREVIOUS CRD HISTORY.

    May 1988: MICHIGAN ISSUED A FINAL ORDER AGAINST ROBERT JOHN CHAPMAN TO REVOKE AND DENY
    EXEMPTIONS AND TO CEASE AND DESIST FOR VIOLATIONS OF MICHIGAN SECURITIES LAWS, TO
    WIT: ACTING AS AN UNREGISTERED AGENT AND OMITTING TO STATE MATERIAL FACTS IN
    CONNECTION WITH THE OFFER AND SALE OF A SECURITY.

    Oct. 1986: COMMISSIONER HOWARD B. BROWN ORDERED INVESTORS INTERNATIONAL
    SECURITIES, INC. AND ITS OFFICER ROBERT CHAPMAN, (RESPONDENTS), OF WESTLAKE VILLAGE
    AND AGOURA HILLS, CALIFORNIA, RESPECTIVELY, TO CEASE AND DESIST FROM FURTHER SALE
    OF SECURITIES IN CONNECTICUT. THE RESPONDENTS WERE ALLEGED TO HAVE
    SOLD AND PURCHASED SECURITIES IN CONNECTICUT FROM APRIL 1984 THROUGH
    AUGUST 1985 WITHOUT BEING REGISTERED WITH THE
    CONNECTICUT DEPARTMENT OF BANKING AS A BROKER-DEALER AND/OR AGENT. THE CEASE AND
    DESIST ORDER PROVIDES THE RESPONDENTS THE OPPORTUNITY TO REQUEST A HEARING ON THE
    ALLEGATIONS CONTAINED IN THE ORDER IF SUCH REQUEST IS MADE WITHIN FOURTEEN (14)
    DAYS FOLLOWING RESPONDENTS' RECEIPT OF THIS ORDER.

    Feb. 1986: FLORIDA ON FEBRUARY 4, 1986 INITIATED ADMINISTRATIVE PROCEEDINGS FOR A CEASE
    AND DESIST ORDER
    DIRECTED FOR FIRST WILSHIRE SECURITIES MANAGEMENT, INC. INVESTOR INTERNATIONAL SECURITIES,
    INC. AND ROBERT JOHN CHAPMAN
    FOR OPERATING AS AN UNREGISTERED DEALER, UNREGISTERED ASSOCIATED PERSONS AND SELLING
    UNREGISTERED SECURITIES.
    IN THE STATE OF FLORIDA; ORDER ENTERED AGAINST CHAPMAN BY THE STATE OF FLORIDA TO CEASE AND DESIST FOR FAILURE TO TIMELY REGISTER AS AN
    AGENT.

    Then Mr. Chapman decided to retire from whatever the hell he was doing.

    Source:
    BrokerCheck Report
    ROBERT JOHN CHAPMAN
    CRD# 44773
    http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/
     
  3. BBQ

    BBQ Member

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    Great, he decided not to register as an agent of the state and kept doing his thing; I have even more respect for him now.
     
  4. XB

    XB Active Member Silver Stacker

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    Since he was the other party to the bet it's his beak that needs to be involved. Just sayin'.

    If you honoured the bet, why not just say so. If you are not going to, why not just say so. If you don't want the rest of us to know, why not message him and tell him your decision to honour the bet or not.

    That all said it is amusing to watch you two playing together :D
     
  5. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    lol - is that supposed to make him a shady character ???
    Sounds like beaurocratic bullshit to me... my respect for him has gone up a notch :lol:
     
  6. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    I have no idea what the silver chat looked like pre-gfc, except that it was a lot higher than it was it after it 'tanked' ...
    so i take it that silver's move upwards now is all part of the plan then?

    so anybody buying now would be pretty peed off with themselves a couple of months down the line... ?
     
  7. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    I didnt PM him because quite frankly it didnt occur to me to do so. He has consistently bleeted like a sheep in public about the whole matter and i have no doubt that he has done so in order to try to degrade my name and standing with other members.

    For those who know me his attempts have- and will continue to fall on deaf ears, despite him having granted himself the status of being able to decide on my bona fides.
    For those of you who continue to fall for his bullshit, i'll simply repeat that the matter is between GP and myself, and for reasons which may be obvious to some, i cannot give any more details than that.

    Should this still be unacceptable to him, I'm happy to pay my debt to him directly
     
  8. Nukz

    Nukz New Member

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    I just wish this guy instead of just making these claims all the time of huge silver spikes ect that he would release some charts and something to back-up his own theory's.

    It's easy to go on a radio show and just pull out some huge numbers but you should be able to backup your predictions with at least something. Like another member said before i don't understand how he gets away with some of the claims he makes that the CIA is after him and Ronald Reagan is gay ect.

    I often wonder if the guys abit of a spook, nobody really knows what the hell he's upto. We don't know what his investments are as he doesn't really disclose his positions. I'm not sure if hes totally crazy/deluded or what's going on with this guy.

    I respect the guy has a view and he seems to stick to it and people listen to him though.
     
  9. BBQ

    BBQ Member

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    He has repeatedly mentioned if you want his picks to invest in, just send him an email (he claims he answers them all).
    What is he up to? He does hours of interviews each week and maintains a newsletter.

    He puts himself "out there" in the public more than anyone should be at his age.
    He is giving people a lot of good info from his extensive experience and works extremely hard, in my opinion.

    You are free to not believe it. Charts or no charts, what is the difference?
    The mass media has no proof either, so to me it really doesn't matter how they dress up their lies.
     
  10. Aureus

    Aureus Active Member Silver Stacker

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    lol, heaps... how much time do you have?
     
  11. BBQ

    BBQ Member

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    Heaps. Go ahead.
     
  12. Guest

    Guest Guest

    Bob's right about this, I can feel it :) . I don't care about Bob's past, I only care for the mans information. I like the old fella and I respect him for working so much putting the word out.. I don't reckon he needs the money and I don't believe he would be so active if there was not something big afoot

    And you get all these respected news propaganda outlets with 'reputed' reporters telling us year after year gold and silver are in a bubble. People are so brainwashed that they fail to see that these puppets in the mainstream media have been wrong about this for the last ten years. Insanity......


    <<< edit. just chopped off the unnecessary little rant about the shady creatures who run everything and want to kill us all
     
  13. Aureus

    Aureus Active Member Silver Stacker

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    BBQ, his past is very shady but I don't have time to dig it all up, it's out in the open though if you care to do some reading. Allot of people tend to follow him as he's a permabull on Silver and gold, you need to realize he does this to make money. Just like Alex Jones and the rest of his stupid mates they make money on fear, good money, and litter truth with BS all the time. Listen to Bob and you'll be of the opinion that Silver will never dip, costing you a ton of money.
    Contrary to popular belief $50 will always be an important number for Silver, and it will not be left behind easily. Anyone with a brain would know this and yet Bobby boy was dead set on silver zooming past, unaware of the parabolic move. His logic? something about people who remember the last time it was up there being dead... yep, great logic.
    Bob also was certain of Martial law in 2010, pushed it forward to 2011 and has now dropped the idea completely. Doom sells I hear...

    It is natural to like someone who speaks words you want to hear, I understand that, but following blindly can mean you sell at $31 out of fear instead of $47 out of logic.
     
  14. Matthew 26:14

    Matthew 26:14 New Member

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    As for Bob Chapman and this goes for plenty of others as well, there's many a fringe dweller who suddenly become experts in something. It would seem that anyone with a microphone or a keyboard can become a stock, metals, bonds, forex or whatever "specialist" if they just market themselves right to their audience.

    If someone wants to prove themselves as a forecaster or adviser they need to:

    1. Set a price target and timeframe;

    2. When the timeframe has expired they are then judged on their forecast.

    Fact is, Bob Chapman hasn't got a forecast vs timeline right yet. I'd have more luck picking the next move in precious metals by throwing darts at a board.

    Anyway, my last energies on spruikers like bob chapman ends now!
     
  15. BBQ

    BBQ Member

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    Some was listed here but I don't regard that as anything close to shady at all. Maybe you can mention more?

    We can also argue that Mike Maloney does things to make money. But I believe both of these guys are telling us things because 1) they believe in what they are saying, and 2) they can make money if they want, I don't mind; I think his advice is sound anyway.

    Silver dipped around Easter because of intervention. I think the general trend is upward, regardless. So do many other fund managers / forecasters / economists. I appreciate their advice and believe them. People like Jim Willie essentially say the same thing. Gold and silver on the up, up, up because of all the economic chaos around us.

    He has stated it will zoom past 50, and it would have if the crooks had not raised margin requirements. As far as I'm concerned, he was spot-on here. There were a few people like Ben Davies that predicted the downward move though.

    Doom also kills, and Bob's advice is sound; he's not naive about what goes on in the world. He hasn't dropped the idea of martial law completely...nor have I seen him talk about martial law with specific dates. In many areas, you can say we are already there (wars, economy, law enforcement, unjust killings and jailings, torture and of course the incessant lies and propaganda). Every time I have heard him talk he hasn't put a date on martial law; if you can find where he says that, let me know. But like I say, in many areas regarding the cops, wars and the economy we are already there.

    In any case, I regard Bob's experience and words as good advice on where to put your money and to be prepared; I don't expect anyone to hand-hold me on specific dates and times; he is basically telling people what goes on in the real world (drawing from his extensive experience) and I believe him, but I don't expect everyone to and I don't expect everyone to have a crystal ball guiding me on EXACTLY what I should be doing economically in the future.

    There are people that get hung up on forecasters, economists and others for not being 100% right. Like Jim Sinclair and others. I don't see the point. These people are laying it all out for you, putting their reputations on the line and telling you what's going to happen and then people complain that they were off a bit. Especially when third-parties meddle with the market, I don't regard this as a big deal. With the recent rise in gold and silver, Bob also told us if we are buying to buy now before it shoots up. He was right.

    In any case, I think silver will shoot past 50 US dollars without much effort. So many other guys have said the same thing Bob is saying if you want to listen to them. I consider a lot of these guys to be telling the truth, even though all of these guys can potentially profit from what they say.


    Not so much that he speaks words I want to hear (I'd rather hear I can use paper money with confidence without even buying precious metals and that the world works for our mutual benefit), but I think he is sincere and I regard him as a one-of-a-kind, dishing out good advice for those who want to listen and don't get hung up on tiny trivialities.
     
  16. BBQ

    BBQ Member

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    Don't look a gift horse in the mouth :)

    Maybe it's a question of expectations. Bob is long-term gold and silver. Me, as a person who just cares about the long-term, I couldn't care less whether silver went past 50 or not; it will anyway.

    He recently stated to buy before this upward move we are experiencing now. He was right (again). Just as he was right about silver shooting past 50 (which it would have if the crooks hadn't intervened multiple times).

    He gives useful advice, but he isn't the only one doing it (and I regard him as brave for speaking against the system we all know is crooked).
    If you want to buy and sell silver constantly and expect a crystal ball from the guy (even though the markets are rigged as they are), then maybe the expectations are too high. To me, Bob is a valuable asset in decision-making (as are many other guys I listen to).
     
  17. Aureus

    Aureus Active Member Silver Stacker

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    Agree to disagree, not here to push my opinions nor am I after debate :)

    Well everyone likes to push their opinions but you know what I mean...
     
  18. Aengrod

    Aengrod Member

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    [youtube]http://www.youtube.com/watch?v=QkT6KJytilI[/youtube]

    Bob ... chapman.
     
  19. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    That sounds like an exact description of Fox News in the USA. Murdoch makes ALL of his money promoting fear and littering truth with BS. Difference is that Fox tells you yo be terrified of Muslims and foreigners, Jones tells you to look at what your government is doing with a critical eye and be afraid.
     
  20. BBQ

    BBQ Member

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    Alex Jones is an asset to the right ears.

    Gives a lot of useful information. While I don't like his approach and find him hard to listen to, not everyone making money out there is to be mistrusted. If we had more people like him the world would be far more informed and aware of what's going on around them, so he has my total respect.

    Personally, I don't expect perfection from anyone, just sincerity and the knowledge that they are doing what they truly believe in. I reckon Alex Jones qualifies. He puts a lot of himself into his work and does more than most to wake up the population.
     

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