Tuesday, August 31, 2010
Mr. Robert Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week
Why Silver Investment? Well there are a few very compelling and fundamental reasons actually. Our world is, quite literally, running out of silver. World demand for silver exceeds annual production and has every year since 1990 -- a total of 14 straight years! Above ground stockpiles of silver are low, shrinking rapidly and approaching zero. Since the end of WWII, for example, the U.S. government -- once the largest stockpiler of silver on the planet -- has dumped billions and billions of ounces of silver onto the world market, effectively depressing silver prices. Today, that government silver hoard is gone... and now the U.S. government is a buyer of silver.
Few primary silver mines are operating due to currently low silver prices -- approximately 75% of newly mined silver is actually a by-product of base metal mining of lead, tin, copper and zinc. Reopening abandoned primary silver mines or developing new mines is a timely and costly process, and is unlikely to occur until silver prices stabilize at a considerably higher price per oz., according to natural resource expert John Myers, editor of widely-read newsletters, "Outstanding Investments" and "Resource Trader Alert".