Bob Chapman: The Financial Powers That Be Are In A Trap of Their Own Making 1/2

By Bob Chapman, May 11th, 2011.In legislation just proposed, and I don't know by whom, nor do I have a number yet, the Dept of Labor has proposed a re-definition of who is a fiduciary, not under the Securities laws, but under ERISA, the law that governs tax advantaged retirement accounts, such as 401K and IRAs and it probably will include all retirement assets, we don't have a definite direction yet of what they intend to do but it is my guess they want to limit those investments only to US government debt. They may include some blue chips or funds, I don't know. They may allow other high-graded fixed income products. These DOL-ERISA rules override all SEC rules. We don't know the final form of the legislation, nor do we know whether it will be passed, but my guess it will be. The government desperately needs to get those retirement funds invested in government debt. I would seriously think about terminating 401ks and IRAs by transferring the assets -- without commission -- into a personal account it then becomes a taxable event. I also believe there is a good chance that taxes will be higher next year. There is also an outside chance that retirement assets could be frozen -- such events would be negative on the general market because government would be directing brokerage houses to sell retirement assets. This is all in the planning stage, but it is very real.
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[DarkHempKnight420]

Impeach Obamas Bitch Ass!!

[continuityofliberty]

@TheNewbrooklyn

Which would you rather have:

1. Food, home, energy, and paper money

2. Food, home, energy, and silver/gold

A. ______

[jadrummer110]

Metal lovers are the biggest suckers in the world now. I say make fishing lures out of the shiny bullshit..

[MadatMedia]

@azascan can you post some info on the source?

[azascan]

EARTQUAKES! :3RD EARTHQUAKE IN THE MIDDLE OF THE ALTLANTIC OCEAN IN A MONTH........THREE 6 POINTERS IN 24 HOURS............EARTQUAKES UP 100% SINCE 2010...WHY..the navy map is relevent....SHHHHH

[evnwood]

notice in mass media for years haven't said that silver/gold will keep going up to record highs, but the second that ppl start waking up to this,the first sign of a dip in price,the mass media is all over it! .take a tip from the bankers(not media) ,buy bullion while the price has dropped,thank the stars for the discount,cause it won't last long

[toppgunn2232]

@philliptjr1 the banks that be raised the margins on the naked shorts 5 times in less than 10 days thats the only way they saved their ass.but it wont work due to inflation.

[philliptjr1]

So what did Max keyser and all his nonsense with silver prove? I havn't heard of any bank closings. I am not trying to be a wise guy. I've heard Max and AJ patting each other on the back for screwing with J.P. Morgan, but I don't understand what they accomplished.

[NeedleFactoryTube]

this idea of gold and silver as having any value as as childish as believing paper money has value 'ohhh look at the shinny magic metal, ohh'. wake up.

[ppeeza]

@markymarkuss777

THEY OWN MOST OF THE GOLD RESERVES. the patriot/ truth movement is being controlled in the sense that this whole senario has happened b4. i will soon be making a video explaining all these stuff.. its quite deep.

[express375]

@drmarthacastro He also said he put an end to "boom and bust" economics,and said his actions saved the world,then quickly changed it to banks.

He loved mentioning New world order

[shardingan191]

Gold who ever has the gold has the power buy gold

[hummarstra]

The silver sell-off is called a CORRECTION people. It was just overbought and needed to PULL BACK. All the conspiracy talk is just BULL SHIT!

[trestradapalma]

Begliosi is in charge of acting like he is going after George Bush so his lies about JFK and other cover ups will be believed. He will never prosecute Bush or tell the truth about the CIA coup of JFK. He is disgusting unamerican scum!

[drmarthacastro]

@express375,

Great comment of yours. Thumbs up. Didn't know Gordon Brown wants to be hired by the IMF???!!! Dominique Strauss-Khan (IMF head) was just arrested for sexual assault in New York 3 hours ago!!! That tells you what an idiot Gordon Brown is, selling tons of UK gold reserve???!!! HAHAHA...

[caddyrolla123]

@mrrutledge1967 i do agree with you to an great extent. food, water, and plant seeds are way more valuable in the long run, but at the same time, its good to pocess some actual, physical amounts of metals.(gold, siver, etc.) because metals, innitially at least, will hold more value than paper money or investments, so you can take advantage, im not sayin metals are key, its just good sense to at least have SOMETHING. i understand where ur comin from tho. water, food, seeds, and weapons are key

[express375]

Gordon Brown (UK unelected PM) famously sold tons of UK gold reserves at the bottom of the market,and bought Euros?

He is still scratching for a job with the IMF. If he gets it,we'll know why.

[redeem72]

where the fuck are they getting all this gold? it's bullshit it's probably gold plated lead, or some kind of fucking alchemy trick, and i am being sarcastic when i say alchemy you bunch of morons, any ways they are probably fucking around with the processing of gold the actual gold composition of the gold bar itself fucking jew snakes fuck you i ain't buying your bullshit

[redeem72]

@mrrutledge1967 absolutely right, i always thought that even if i did buy silver and gold i'd be deemed some kind of terrorist and i would have to give it up, i also found out from a buddy of mine that some guy bought whole bunch of silver when he wanted to cash it in it wasn't worth as much as he thought, the guy told him that the silver and/or gold was not fully silver and/or gold, something to do with the make up of the hard asset..what do you think? personally i think H2O & organic seeds?

[mrrutledge1967]

99 parts truth. 1 part lie. Ingredients for the perfect deception or The Alex Jones Show. Money, gold or silver will be worth nothing. That's why certain powers are buying up our water or stealing it and poisoning whats left. In a world where food and water will be controlled, money or metals dont mean shite. Think people... Your precious metals will be shipped to the Vatican too. What a joke!

[mrrutledge1967]

What a scam! You have to be braindead to think your safe buying gold and silver! Alex I thought you wanted people to wake up? You know gold and silver will be confiscated and made illegal to most by the same people who are kicking the World's ass right now. The already own it all now. They just rent it out to idiots so you can pay for your own enslavement. Makes sense right? Alex... Please.

[dan32749]

Baaaaaaaaa Baaaaaaaaaa back to sleep you got church on sunday work on monday you got mass murder to pay for hurry now.

[OneMale2012]

check my new Fed speak Ben Bernanke video, the question is inflation data

[thepofmeister]

thay f**kin' idiot trying to make us entertain the idea there was no conspiracy in JFK's murder... i'm sorry, i don't want to hear that shill on the show ever again. a**hole. pure and simple! i'm ashamed this trash made it to broadcast.

[anunnaki2006]

Whats happening is that people were leaving paper silver and buying up physical silver like anybody with a brain would do. We must defeat the Universal Postal Union and The Worshipful Company of International Bankers working under those wicked crusading Knights of Malta.