[elapicearpisp]

We Will Miss You Bob



Friends, it is with sadness that I share the news that Bob Chapman has lost his battle with pancreatic cancer. Bob passed away yesterday, June 4, 2012. Bob was the editor of the International Forecaster and he had been fighting stage 4 pancreatic cancer for the last several months. Bob was a pioneer in the info war to educate the people of the world about the globalist banking cabal and their plans for a New World Order.

If you are of the Spiritual persuasion, please consider saying a prayer for Bob’s wife Judy and Bob’s family. Bob was a long time friend to SGTreport and to Liberty-minded folks all over the planet. I can tell you first hand that Bob was also a really neat person and a very generous soul.

Bob, you are in our thoughts as you transition from this world into the next. Thanks for all you did while you were with us.
Here’s one of my last chats with Bob Chapman, recorded during better days back in February, 2012.

http://www.youtube.com/watch?feature...&v=8Nc5iCdS07w

[MilenaMKB]

I'm really going to miss him. He was truly one of the good guys and a brave soul. To his last days he transmitted the same basic message to the people in hopes of saving as many as possible:

1. Stay out of the markets - they are rigged against the individual investor
2. Protect yourself and your loved ones against what's coming: long term food storage, water and means of filtration, guns, and physical gold and silver held outside of the banking system.

This is very sad news. I am nearly at tears, yet I never knew the man personally. He reminded me very much of my father: honest and true to the bone.

Via con Dios Bob.

[disappointment2]

The man was like a prophet to me.

RIP Bob. You were a guiding light when I was a neophyte to the truth.

[avappyboalt]

That's so sad, I really enjoyed his interviews and it feels like I've lost a friend. He's been instrumental in waking so many people up to what's going on in the world for so long. I find it ironic that so many truth tellers wind up with pancreatic cancer - Aaron Russo,Bill Hicks, now Bob Chapman - almost seems like pancreatic cancer is the retaliation for speaking out against .gov

[elapicearpisp]

About 4 weeks from the time he quit doing interviews.

[elapicearpisp]

Looks like Bob had a final post on his site. Dated June 3


http://theinternationalforecaster.co...ll_Their_Ideas
June 3 2012: US economy to lag despite all its efforts, bleak view from the labor market, are states broke... how states and municipalites could bypass Wall Street, stupid decision in the economy, losses in the Economy could increase.



With the recent late night announcement from China and Japan as to their plan to bypass the US dollar and trade directly in the yuan and yen, this will bring about significant consequences for the US dollar's reserve currency status. As usual the socialist media groups are doing their best to keep this out of the public eye due to future toil this could take on the already strained US dollar. As China, the worlds largest import/exporter along with Japan as a major trading partner with China's slow withdrawal from the US dollar it only adds to the demise of the US dollar as a fiat currency will be slow and methodical, the only safe haven will be gold and silver.

The US economy with all its money printing and how interest rates still remain lagging at best and with consumer confidence slowly declining, the avenue to QE3 is being smoothly laid. With that being said precious metals are severely undervalued given the relativity as to what is occurring in the world as to where their prices should be, don't allow an over manipulated precious metals market fool you into believing otherwise. With QE3 on its way, we should see gold prices fighting their way upwards pulling silver along with it.

The US housing market's ongoing weakness along with its recent fall in home sales by 5.5 percent to 95.5 the lowest levels since December thus far is disappointing at best and could be the signal for the beginning of a downturn in an already lagging market.

With the housing market being one of the US economies toughest hurdles to overcome during an attempt at recessionary recovery and millions of current homeowners being underwater on their homes forcing them to be extremely cautious with their spending habits thus far causing a severe holding pattern for economic recovery, adding fuel to the fire are the abundance of unsold properties and the continuing foreclosures as is evident with the mid week report showing contracts fell 12 percent in the western US, 6.8 percent in the south, slightly lower in the Midwest, and a slight rise in the northeast. Another factor overshadowing the recovery is the faltering application demand for refinancing US home mortgages; they decreased 1.3 percent in the week ending May 25th. As would be expected, the National Association of Realtors downplayed the declines in pending home sales.

Views on the labor markets deteriorated this month. The board's survey showed 7.9% of respondents think jobs now are "plentiful," down from 8.4% thinking that in April. Another 41.0% think jobs are "hard to get," up from 38.1% last month.

Confidence among U.S. consumers unexpectedly fell in May to the lowest level in four months as optimism about employment prospects faded.
The Conference Board’s index decreased to 64.9 this month from a revised 68.7 in April, figures from the New York-based private research group showed today. Home prices in 20 cities dropped in the 12 months ended in March at the slowest pace in more than a year, according to another report.

The share of Americans expecting fewer job opportunities in the next six months climbed to the highest level since November, raising the risk that consumers will limit spending. A 30-cent decline in gasoline prices since early April failed to brighten spirits, showing that more progress is needed in the job market.

“Gasoline prices aren’t doing the trick,” said Aaron Smith, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, whose forecast was closest. “We are making progress when it comes to the labor market, but clearly this is another sign that it’s still very slow going.”
Stocks gained after Greek opinion polls eased concern the country will leave the euro. The Standard & Poor’s 500 Index climbed 1.1 percent to 1,332.42 at the close in New York. Crude oil for July delivery on the New York Mercantile Exchange settled at $90.76 a barrel, down 10 cents.
Home prices in 20 U.S. cities fell 2.6 percent in the 12 months ended in March, the smallest decrease since December 2010, according to an S&P/Case-Shiller index of property values.

By Mike Krauss Bucks County Courier Times

For almost four years, the administration and Congress have showered money, protection and even praise on those who caused an economic catastrophe that still rolls across America like a slow motion tidal wave.

It is crystal clear who Washington represents, and what the American people can expect from the next administration and Congress -– more of the same, rhetoric and excuses. But the needs of the American people can’t wait another four years. States and local governments must do the job Washington will not. New leaders and new ideas are urgently needed. One such idea is public banking.

A public bank, such as the hugely successful Bank of North Dakota (BND), is capitalized with public funds, has one shareholder — the people — no outrageous compensation for managers and no incentive to gamble.

A public bank partners with community banks, credit unions, other local financial institutions and municipal governments to provide the sustainable and affordable credit that is essential to support locally directed economic development, restore vital public services and create jobs.
Wall Street hates the idea, fearing the loss of trillions of dollars of state and municipal deposits, and the huge fees they reap for providing cash management, payroll and other services that states and municipalities could provide internally and at far lower cost -– if they owned their own bank.
The parasites-in-pinstripes argue, “But your state is broke. Where will you get the money to capitalize a bank?”

But are the states broke? An examination of the finances of U.S. states and municipalities turns up an astonishing fact. They keep two sets of books.
The one that gets all the attention is used for operating budgets, and generally paints a picture of state and municipal budgets stretched to the limit. But the other set of books, required by law and called the Consolidated Annual Financial Report (CAFR), indicates that there is public money stashed all over the place. Nationally, it amounts to trillions of dollars. California, with its giant economy, reports more than $600 billion in these “off budget” funds. In Pennsylvania, the total is about $91 billion -- not exactly small change –- and it can be found in the state’s 2011 CAFR in three categories. Proprietary Funds, generated when a government charges customers for the services it provides. Fiduciary Funds, in which the state acts as a trustee to hold resources for the benefit of others, such as pensions; and Component Units, which are legally separated organizations for which the government is financially accountable, and the revenue is derived from assessments, fines, penalties, licenses, etc.

If only 20 percent of these funds were used to capitalize a bank and were leveraged at a conservative ratio of 8-1, Pennsylvania could inject more than $145 billion into its economy, creating an economic revival on a scale never before seen. Wall Street responds to this prospect with scare tactics. “You mean put 20 percent of your pensions at risk?”

To which proponents rightly respond, “No, we mean get those pension funds under better and more productive management.”

As the New York Times reported, the $26.3 billion Pennsylvania State Employees’ Retirement System (PSERS) has more than 46 percent of its assets in what analysts describe as “riskier” alternatives, including hundreds of private equity, venture capital and real estate funds. PSERS paid about $1.35 billion in management fees in the last five years and reported a five-year annualized return of 3.6 percent. “That is below the target needed to meet its financing requirements, and it also lags behind a 4.9 percent median return among public pension systems. “By contrast, Georgia’s $14.4 billion municipal retirement system, which is prohibited by state law from investing in the alternative investments favored in Pennsylvania, has earned 5.3 percent annually over the same time frame and paid about $54 million total in fees.” Even adjusting for the size of the respective funds, Pennsylvania retirees paid out 13 times more in fees than Georgia, for a worse result.

The conservatively managed BND produced a 17 percent return on equity last year, while the PSRS reported in a press release that it had “achieved” a 2.7 percent return for 2011 -– not even meeting the previous and anemic 3.6 percent average return. That’s like boasting about a C- report card.
A far more prudent and productive policy would be to rein in risk-taking fund managers, reduce their gigantic fees and shift at least 20 percent of investments from their riskier deals into the lower risk, higher return equity of a public bank.

A closer look at Pennsylvania’s 2011 CAFR turns up another interesting item. At page 99, there is a discussion of how these off-budget funds manage the risk of investments in 36 foreign currencies.

Foreign currencies? Thirty-six? The high-rolling fund managers are shifting billions of dollars out of the Pennsylvania economy, and into foreign economies and job creation, while Pennsylvanians go begging.

Even a modestly capitalized public bank can put billions of dollars of affordable credit to work in Pennsylvania, generate substantial non-tax revenue as a direct return on investment and increase local and state tax revenue in an improving economy.

A public bank has the capacity to turn a tidal wave of economic devastation into a wave of opportunity and prosperity. Pennsylvania needs to catch that wave.

http://www.opednews.com/articles/Pen...20529-121.html
(Reuters) - JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades.

CEO Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing $1 billion in gains that will help offset more than $2 billion in losses. As a result, the bank will not have to report as big an earnings hit for the second quarter.

The sales of profitable securities from elsewhere in the bank's investment portfolio will increase its costs by triggering taxes on the gains and by eliminating future earnings from the securities.

Gains from the sales could provide about 16 cents a share of earnings, about one-fifth of the bank's second-quarter profit, analysts said. But rather than creating new value for investors, the transactions merely shift gains in securities from one part of the company's financial statements to another.

"They really made two stupid decisions," said Lynn Turner, a consultant and former chief accountant of the Securities and Exchange Commission. The first was taking risks with derivatives that they did not understand, Turner said.

"The second is selling assets with high income that they can't replace," Turner added. In a low interest-rate environment, the bank will struggle to generate as much income with the cash it received from selling the securities, he said.

Dimon first disclosed the sales on May 10 when he announced the derivatives losses generated from the bank's London office and trader Bruno Iksil -- dubbed the "London Whale" in credit markets due to the size of the trading positions he took. Dimon noted that the bank has another $8 billion of profit it could gain by selling an array of debt securities.

It remains unclear exactly when the bank sold the securities, and the bank has not detailed the value of securities it sold. Given the drawbacks of the sales, it also is unclear how many more the bank will sell to bolster second-quarter profits. To be sure, the bank may have additional reasons for making the sales, and the sales do not violate laws nor are they likely to hurt the bank's stability.

A JPMorgan spokeswoman declined to comment beyond the company's public statements.
$380 MILLION TAX BILL
However, based on disclosures that show the bank has historically realized less than a 4 percent gain from selling these kinds of securities, JPMorgan would have to sell $25 billion in securities to generate $1 billion in gains, according to a Reuters analysis of the bank's practices.

Taxes on the gains, if calculated at the 38 percent tax rate that JPMorgan uses to illustrate its business to analysts, would mean a $380 million cost to realize the gains. That would leave a net gain to earnings of $620 million, or 16 cents a share.

Before the sale, the gains would have existed on the bank's books as so-called paper profits, and would have been included on its balance sheet. But when the bank sold and realized the gains, they moved to its income statement as profit.

Paul Miller, an analyst at FBR Capital Markets, said the bank should skip the asset sales and "just take the pain" of reporting lower profits.
Dimon, too, has said he is reluctant to cash in good investments. He highlighted the tax issues in selling these securities when he spoke to analysts May 10.

"We can take some of those gains and we can take them to offset this loss," he said. "But usually it's tax inefficient, so we're very careful about taking gains."

Yet the bank is under pressure to show strong profits. Its stock has fallen 18 percent since the day before it disclosed the losses. It closed Friday at $33.50.

The bank currently is expected to report earnings of 90 cents a share for the second quarter, according to analysts surveyed by Thomson Reuters I/B/E/S. That compares with $1.24 a share before the derivatives debacle was disclosed and $1.27 a share that the bank reported a year earlier.
LOSSES COULD INCREASE

Dimon has not said who at the bank decided to sell the securities. Nor has he said if the decision was made before he knew that the derivatives losses could top $3 billion and before he told analysts on April 13 that reports of trouble with derivatives trades were a "tempest in a teapot."
Meanwhile, the bank's losses could grow, which could increase pressure on the bank to continue securities sales. Some analysts have said the total losses could exceed $5 billion, since the credit derivative markets in which the trades were made are thinly traded and current prices are not favorable to JPMorgan.

The pool from which the securities were sold included, as of March 31, corporate debt securities with an average yield of 3.15 percent and mortgage-backed securities yielding 3.41 percent, according to a company filing. Using the cash to buy back similar securities would not produce yields as high, analysts said.

The financial industry has gone through periods in the past when banks cashed out good assets to cushion losses, said former SEC Chief Accountant Turner. It happened during the U.S. savings and loan crisis in the 1980s, abated during a period of tougher regulatory scrutiny and fewer losses, and then came back during the latest financial crisis.

But the costs are significant. In statements about the latest losses, Dimon has been careful to emphasize the disadvantage of paying more taxes, said Chris Kotowski, an analyst at Oppenheimer & Co.

"I think he was trying to tell you, 'Don't expect us to offset all of these losses,'" Kotowski said.

[pavilionnotebook]

I have mixxed feeling about him because I heard he did some shiesty things to investors of mining comps he used to push and that was part of the reason he bounced to South America.

Not speaking ill of The Dead just keeping it real.

[mbaueee]

AJ said tody that Bob is very sick, but it was a Tennis player named Bob Chapman that died today. He said Bob has been living outside the US, but has chosen to come back to be with his family. He said he was trying to get Bob on for 1 last time, but wasnt sure what was going to happen.

Im not sure if there is any truth to what AJ said......

[elapicearpisp]

AJ said tody that Bob is very sick, but it was a Tennis player named Bob Chapman that died today. He said Bob has been living outside the US, but has chosen to come back to be with his family. He said he was trying to get Bob on for 1 last time, but wasnt sure what was going to happen.

Im not sure if there is any truth to what AJ said......

I will be listening to Stadtmillers(chad's favorite internet radio owner) 4pm show today to see if this valid.
http://republicbroadcasting.org/16k.asx

[Auzuigcx]

I will be listening to Stadtmillers(chad's favorite internet radio owner) 4pm show today to see if this valid.
http://republicbroadcasting.org/16k.asx

if bob really is dead, time for me to cancel the rbn subscription. they already took vince fanelli off, and robby is all over the place since the mexico move. no need to give douchemiller my $1.33 month anymore.

[elapicearpisp]

if bob really is dead, time for me to cancel the rbn subscription. they already took vince fanelli off, and robby is all over the place since the mexico move. no need to give douchemiller my $1.33 month anymore.

I never paid for the archives. I cannot believe that you of all people gave 1.33 a month to Stadtmiler. I think robbie is on @ 6:00. The other John guy is gone I think. The one they brought in to run the metals side after robbie left the first time.

Stadtmiller confirms Bob's death. He says that Bob more than likely died on Saturday. Says he got bad advice, especially about nutrition once he was diagnosed.

FYI, Celente is on Stadtmiller's show today.

[elapicearpisp]

Stadtmiller says that Bob was seeing a homeopathic treatment giver. He lost 70lbs of weight. I think Stadtmiller said he talked to his daughter. Said he was dehydrated and emaciated when they arrived on Friday.

[Auzuigcx]

Stadtmiller says that Bob was seeing a homeopathic treatment giver. He lost 70lbs of weight. I think Stadtmiller said he talked to his daughter. Said he was dehydrated and emaciated when they arrived on Friday.

damn.

he should have been taking that stuff jones is always pimping, tangy tangerine + pollen burst.

well, that sucks.

[elapicearpisp]

damn.

well, that sucks.

yep

[elapicearpisp]

Here's his obitutuary. Services are in Auburndale, Florida.

They have Monday as the day of his death.

http://obits.dignitymemorial.com/dig...4&locale=en-US
In Memory of

Robert Chapman

October 16, 1935 - June 4, 2012



Robert "Bob" John Chapman, age 76, of Winter Haven, FL (formally of Mexico) died Monday, June 4, 2012 due to pancreatic cancer. He was born October 16, 1935 in Boston, MA the son of John Chapman and Ruth Donley Chapman. Bob was a veteran of the US Army, a writer of a news letter discussing finances and economics and a regular radio commentator discussing politics as well as economics and finances. Most of his working life he served as a stock broker.

Bob is survived by his wife, of 47 years, Judith "Judy" Dabrowski Chapman, son: Robert Michael Chapman, daughter: Jenifer Gillotti and her husband Matt, sisters: Dorothy Trecker and Joan Lotz and 4 grandchildren.
Committal services are Wednesday, June 6, 2012 at 1:00pm at Glen Abbey Memorial Gardens, Auburndale, FL.
Condolences may be sent to the family at www.ottlaughlinfuneralhome.com

[elapicearpisp]

http://www.tfmetalsreport.com/commen...comment-174574
A message from Bob Chapman's Daughter

Submitted by tyberious on June 5, 2012 - 2:19pm.
From: Judy Chapman
Sent: Sun, June 3, 2012 9:14:28 AM
Subject: Bob Chapman
June 2, 2012

My name is Jeni and I am Bob and Judy Chapman’s daughter. Over the past months many of you have emailed Bob and Judy concerning my fathers health and his replies have been very vague. Some people have been talking on the radio and Bob feels you deserve to hear everything so you know the truth.

In January 2012 Bob went to a medical doctor and had tests and CT scans done, Bob was diagnosed with stage 4 pancreatic cancer that had already metastasized to his liver, he was not a candidate for surgery or radiation therefore Bob chose to try alternative treatments, many of which came via email from his many friends and followers. During these treatments he was not seen by medical doctors. He was led to believe that the cancer was being arrested. I noticed, as many of you did from listening to Bob on the radio that his voice had changed and something was wrong. Bob continued to say that he was just tired and he would be back to himself soon. My dad did not even tell me what was going on, but like allot of you I could tell something was wrong. When I asked my mom, she struggled not to say anything, as directed by Bob.

At the end of April I booked a flight to go see my parents and what was going on with Bobs' health because now my concern was great as he was no longer acting like himself. I phoned Bob’s business partner, Victor Hugo, to arrange for him to pick me up from the airport. While on the phone I asked how Judy was doing and Victor stated that they had just admitted her to the hospital, she had a brain aneurism due to the stress of the situation I was about to face. Finding out that way was disheartening but I arrived at Bob and Judy's house the day Judy returned from the hospital. Thank the Lord, she was alright and is on medication now.

Once I saw my dad I cried. He had lost 70 pounds and was very weak. His business partner was in charge of both Bob and Judy’s care. There was no food in the house, only fruits, vegetables, and chicken broth which they were feeding Bob on the direction from the person in charge of the alternate therapy he chose. My mother did not drive so she relied on Victor to get what they needed.

My dad has been type 2 diabetic for a number of years and so I checked his blood sugar and it was almost 400, a normal adult should be around 100. I explained this to Victor and Bob, along with the fact that Bob needed to be consuming calories, water, taking insulin, and walking. Bob was very dehydrated and malnourished.

Next, I called a medical doctor I personally know where they lived and arranged for him to supply Bob with a calorie drip, and insulin. Then I reviewed Bobs condition with the alternative therapist and Victor and they both assured me that Bob was getting better, even though they had no proof because Bob had not seen a medical doctor since January and therefore had received no more CT scans. He did have blood work taken, from his home, and sent out to the lab by Victor, however that showed the cancer count going down. Victor tried to tell my friend the medical doctor that my dad did not need the drip without my knowledge, however the doctor approached me to confirm this and I made sure that Bob got what he really needed to improve his health and return my parents to the states. It took me 2 ½ weeks to build Bob’s strength and weight (he gained 6 pounds) to allow him to fly back.

Upon arrival, I brought Bob to a Radiological Oncologist to review his blood work and scans. The Oncologist asked my dad about his treatments since January and Bob proceeded to explain them and ended with his comment that the cancer in his pancreas was arrested. The doctor was in awe, and informed Bob that he was gravely mistaken. The Oncologist had printed out Bob's CT scans and showed and explained them to Bob. The cancer in his pancreas in January was only 1 inch by 2 ½ inches and now was 5 inches by 7 inches. The cancer cells in the liver began as 2 spots in January, and were now 4 times as large. He also informed us that the monthly blood results supplied by Victor could not be Bob’s. He said “This blood work does not match your scans.” Bob was devastated, to think that he was betrayed by the man he worked with and trusted for 10 years. This Oncologist stated that Bob was not a candidate for radiation and referred us to a Medical Oncologist.

After Bob’s appointment with the Medical Oncologist, blood work and a PET scan was ordered and Bob was scheduled to have a port put in for fluids, blood work, and any future treatment of the cancer. The next couple of days Bob and Judy relaxed with family by going out shopping and hitting some golf balls. Bob spoke to some people on the phone and did some dictation with me for the upcoming IF. Bob also, as always continued to personally respond to all of your emails. My dad loved being on the radio and writing the IF.

On Tuesday, May 22nd Bob went in for his pre-op appointment at the hospital and everything went well, when we returned home he was tired so he took a nap, I told him I would wake him for lunch. At 1:30, when I went to wake him, he could not stand on his own. I took him to the emergency room. Around 11pm he was transferred to ICU and we learned the severity of my dad’s condition.

We learned: Bob has had a urinary tract infection for so long that it had infected his blood, his blood sugar was still very high, his blood pressure was so low that they needed to give him the maximum amount of medicine just to get his blood pressure up to 90/50. He had one blood clot in his right leg and multiple in his left. His kidneys were beginning to fail and his liver was already not working. We all were surprised because we had no idea Bob had this many underlying conditions. Because of the blood clots and cancer, his platelet count was 27 and his white blood cell count was low. The doctors could not insert the MediPort, a TP line, or stints for his liver and filters for his blood clots because of the possibility of him bleeding out during these procedures, or even being able to recover. While in ICU Bob called and said good bye to his sisters and childhood friends that he was still in contact with.

On Monday, May 28th, we brought him home where he spends his days with his immediate family. My mother has been seen by a physician here and her blood pressure is being controlled.

Bob has not spoken to his partner, Victor. We have tried to contact him by phone and email and he has not responded. He controlled everything for Bob and Judy, from their accounts to the IF website. This is why you all received this week’s IF via email. We have been told by Bob and Judy’s previous neighbors, that someone has gone into their home and removed their furniture and belongings. Neither Bob nor Judy will return there, they will remain with me and my family in the states.

Bob wants the IF to continue so we will do our best to bring you editorials from various individuals that share Bob’s views. We are working on a new site address and email, as Victor is in control of the current one. As soon as we re-launch the IF, we will email everyone. Please keep your eyes open for this email as there will be many changes coming.

Thank you for the emails of love, prayers, concerns, and stories. There is nothing more rewarding then to read or talk to you and hear how my father has touched your life. I read them to my dad or relay the conversations I have had with some of you. It makes me cry, not in sorrow, but in joy because I am so proud of my father. He is such a compassionate man willing to help everyone from a 10 year old that needed soccer cleats, to a 70 year old couple that needed advice on their retirement. Over the years, he personally responded to everyone he could. Those are some shoes to fill, but we are willing to try.

I hope you will continue to support the IF and keep Bob’s dream alive.

Thank you,
Jenifer
http://www.dailypaul.com/237922/rip-...-and-tom-cryer

[GustavM]

Will be missed as he was one of the best.........................

[MilenaMKB]

http://www.tfmetalsreport.com/commen...comment-174574

Oh my goodness, this is aweful. I pray the poor man can at least be made comfortable during these final hours. His daughter never says he is gone.

[elapicearpisp]

Oh my goodness, this is aweful. I pray the poor man can at least be made comfortable during these final hours.

Hopefully he was made comfortable in his final hours. At least he was with his family when he passed. That was written on June 3. He passed on the 4th.

[pobrierce]

he was one of the many reason i got into metal . rest in peace and may god be with your love ones now