70 Million people will lose their homes this year - Bob Chapman

70 Million people will lose their homes this year - Bob Chapman America is going to lose its AAA rating etc..another great interview of bob Chapman :

bobchapman.blogspot.com...

Bob Chapman The International Forecaster "Almost every day in almost any currency your purchasing power in terms of gold is less and less. Thus, these currencies in which you save the fruits of your labor are cheating you out of your savings.

The US dollar is particularly vulnerable because of its staggering debt even though it is the world reserve currency. In fact the debt is so onerous that we believe the quality rating of the dollar could be lowered by the end of the year. Many other currencies face the same dilemma and in the final analysis only gold will be worth what it is today or in the future.

thats like 20% of the population isnt it? thats alot of homeless..

but more empty houses to squat in I guess. I find those numbers just a bit high...