Why Bob Chapman says $70 silver short term

[Yippe-Ki-Ya]

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.

I'd love to see this comment revisited - say around December/January ....

 

[Yippe-Ki-Ya]

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!

I'd love to hear about any forecasters who have passed your definition ??

I'm guessing then that according to your definition that Steve Keene is also a nutjob? To many of us he is turning out to be more like Nostredamus.... and i am pretty confident that Bob Chapman's on the right track as well with his medium to long term predictions.

Anybody who says they can consistently predict shortterm trends is a liar!

 

[renovator]

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!

I'd love to hear about any forecasters who have passed your definition ??

I'm guessing then that according to your definition that Steve Keene is also a nutjob? To many of us he is turning out to be more like Nostredamus.... and i am pretty confident that Bob Chapman's on the right track as well with his medium to long term predictions.

Anybody who says they can consistently predict shortterm trends is a liar!

Nutjob thats being a bit nice to them isnt it? the pair of them have been waaaayyyyy of the mark yet you still think their predictions are accurate .

Everything goes in cycles & sooner or later they have to be right. You give them another chance & say they were right but their timing was wrong.If you followed both of their advice with a fistful of money with their expected outcomes you would be sorely dissapointed with their predictions.

Nostredamus ? hahahaha nostredamus say he who follows nutjobs with lots of money get burnt . :lol:

 

[Yippe-Ki-Ya]

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!

I'd love to hear about any forecasters who have passed your definition ??

I'm guessing then that according to your definition that Steve Keene is also a nutjob? To many of us he is turning out to be more like Nostredamus.... and i am pretty confident that Bob Chapman's on the right track as well with his medium to long term predictions.

Anybody who says they can consistently predict shortterm trends is a liar!

Nutjob thats being a bit nice to them isnt it? the pair of them have been waaaayyyyy of the mark yet you still think their predictions are accurate .

Everything goes in cycles & sooner or later they have to be right. You give them another chance & say they were right but their timing was wrong.If you followed both of their advice with a fistful of money with their expected outcomes you would be sorely dissapointed with their predictions.

Nostredamus ? hahahaha nostredamus say he who follows nutjobs with lots of money get burnt . :lol:

** YKY shakes his head, whilst smiling fondly at his old foe**

 

[renovator]

Hahahaha yippee youve gone soft

 

[grinners]

I'm so bored of all the talk of manipulation at every drop.... Those short have had a year now to unwind their positions and get long if they wanted to.

And this Bob Chapman appears to be an absolute joke, a tin-foil hatter in his mums basement. This is the last I will say on him.

 

[BBQ]

And this Bob Chapman appears to be an absolute joke, a tin-foil hatter in his mums basement.

Nah, he has moved onto aluminium like we all have. Tin-foil is practically like chasing a rare-earth in the supermarket.

 

[Aureus]

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.

I'd love to see this comment revisited - say around December/January ....

Fine by me, I plan on selling close to $50 again and don't really care what anyone else thinks.

 

[hawkeye]

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.

They way he mixes fact with fiction is a bit disingenuous. His overall Illuminati storyline (a few people controlling the world is a bit of a joke). The way he talks about economics shows someone with a bit of knowledge but not enough for real understanding. I mean, the whole thing being engineered? I don't think so... Everyone that utters the words "New World Order" or a variant is a part of the conspiracy apparently...

He has many guests of the fundamentalist religious variety, which I find disconcerting as well as the fact he is a strong believer himself, but mostly hides it, so as to attract the secular people.

What he wants is a return to the times of old which he feels were better, where he can walk around with his gun in his holster like the Wild West. Time has moved on.

Yes, I did listen to him for awhile, I wandered into conspiracy territory for awhile before throwing the vast majority of it out.

 

[Yippe-Ki-Ya]

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.

They way he mixes fact with fiction is a bit disingenuous. His overall Illuminati storyline (a few people controlling the world is a bit of a joke). The way he talks about economics shows someone with a bit of knowledge but not enough for real understanding. I mean, the whole thing being engineered? I don't think so... Everyone that utters the words "New World Order" or a variant is a part of the conspiracy apparently...

He has many guests of the fundamentalist religious variety, which I find disconcerting as well as the fact he is a strong believer himself, but mostly hides it, so as to attract the secular people.

What he wants is a return to the times of old which he feels were better, where he can walk around with his gun in his holster like the Wild West. Time has moved on.

Yes, I did listen to him for awhile, I wandered into conspiracy territory for awhile before throwing the vast majority of it out.

So i assume you think then the Bilderburg meetings are all just about ultra rich folks getting together to discuss how they can best contribute to the Red Cross, Lions Club and the like ... ?
or perhaps - like the mainstream media has done for decades - just completely deny their existance? :lol:

 

[Mi lao shu]

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.

They way he mixes fact with fiction is a bit disingenuous. His overall Illuminati storyline (a few people controlling the world is a bit of a joke). The way he talks about economics shows someone with a bit of knowledge but not enough for real understanding. I mean, the whole thing being engineered? I don't think so... Everyone that utters the words "New World Order" or a variant is a part of the conspiracy apparently...

He has many guests of the fundamentalist religious variety, which I find disconcerting as well as the fact he is a strong believer himself, but mostly hides it, so as to attract the secular people.

What he wants is a return to the times of old which he feels were better, where he can walk around with his gun in his holster like the Wild West. Time has moved on.

Yes, I did listen to him for awhile, I wandered into conspiracy territory for awhile before throwing the vast majority of it out.

So i assume you think then the Bilderburg meetings are all just about ultra rich folks getting together to discuss how they can best contribute to the Red Cross, Lions Club and the like ... ?
or perhaps - like the mainstream media has done for decades - just completely deny their existance? :lol:

+1

 

[Smoothcriminal]

So I married an axe murderer:

Stuart Mackenzie: Well, it's a well known fact, Sonny Jim, that there's a secret society of the five wealthiest people in the world, known as the Pentavirate, who run everything in the world, including the newspapers, and meet tri-annually at a secret country mansion in Colorado, known as The Meadows.
Tony Giardino: So who's in this Pentavirate?
Stuart Mackenzie: The Queen, the Vatican, the Gettys, the Rothschilds, and Colonel Sanders before he went tets-up. Oh, I hated the Colonel with is wee beady eyes! And that smug look on his face, "Oh, you're gonna buy my chicken! Ohhhhh!"
Charlie Mackenzie: Dad, how can you hate the Colonel?
Stuart Mackenzie: Because he puts an addictive chemical in his chicken that makes ya crave it fortnightly, smartarse!
Charlie Mackenzie: Interesting.... Coo-coo.

[youtube]http://www.youtube.com/watch?v=TPMS6tGOACo[/youtube]

 

[Guest]

$50 is no barrier, its all time high is around $130 adjusted for inflation.

 

[hennypenny]

Keen and Chapman are not comparable.

Keen is a scientist (albeit of the dismal variety) and provides maths to explain his predictions and his mistakes. He is one of the dozen professional economists on the planet who predicted the GFC.

Keen predicts a turn in the multi-decade Australian housing bull market. Nobody rings a bell at the top so predicting a turn is far more difficult than (like Chapman) predicting a continuation of a bull market.

To me, a quick scan of Chapman's page suggests he's a grandiose narcissist suffering the Dunning-Kruger effect (confidence bred from being too stupid to know you're stupid). He presumably attracts like-minded followers who necessarily think the only explanation for errors must be a very powerful and very secret conspiracy.

I also rather doubt Chapman is rich (unlike the oft-maligned Keynes who made a fortune and famously knew that, "The market can stay irrational longer than you can stay solvent").

 

[Aureus]

$50 is no barrier, its all time high is around $130 adjusted for inflation.

The masses do not see it that way so $50 is indeed a barrier. No one adjusts for inflation, they just look at numbers. I thought people would come to understand this given what happened in May.

Yeah, yeah, cry manipulation...

 

[adze67]

Just wondering why the '$50' barrier has any traction?
When the dance partner gold has nearly doubled it'e '80s high... everything is manipulated

 

[Nukz]

Wait a second, whats wrong with a bunch of wealthy business people getting together and talking about making money?

 

[Guest]

$50 is no barrier, its all time high is around $130 adjusted for inflation.

The masses do not see it that way so $50 is indeed a barrier. No one adjusts for inflation, they just look at numbers. I thought people would come to understand this given what happened in May.

Yeah, yeah, cry manipulation...

Yeah well I believe buying silver for anything under $100 is a bargain.

 

[Nukz]

Here's one for you YKY

http://www.cnbc.com/id/44015192

"Murphy, and GATA, believe that the gold market has been manipulated by bullion banks and central banks like the Federal Reserve and the Bank of England, as well as the International Monetary Fund (IMF). "

"Larsen pointed out that the Bank of England was pressurized by the Treasury to sell off more than half of the country's gold reserves between 1999 and 2002, when gold was a fraction of its current price.

Murphy spoke of a "gold cartel" and claimed that the sell-off came because Goldman Sachs and the Bank of England wanted to drive the price of gold down. "

Unfortunately no mention of silver.

 

[BBQ]

What he wants is a return to the times of old which he feels were better, where he can walk around with his gun in his holster like the Wild West. Time has moved on.

Yes, he carries a gun.
I've never owned a gun and if the Australian gov didn't make you jump through hoops to own one, I'd be armed now.

I think it's everyone's right to defend themselves, rather than be a sitting duck while the state-sponsored thugs get all the weaponry to do with as they wish.

The fact that this country is basically unarmed is a shame.
I still remember enjoying slingshots, before they banned them too...