Bob Chapman - US Open

Bob Chapman - Discount Gold Silver Trading 17 June 2011

Bob Chapman : they ( The banks ) can call a force majeure , a force majeure is when you can't deliver if they do that they can attempt to pay the people who are long against their short positions in cash , if they don't do that they may offer them a partial payment in other words I owe you a thousand dollars but I am going to pay you 500 and if you ask for more I am just going to go bankrupt , or the third chart is we can't deliver we cannot pay you ADIOS !

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