In this episode of the Alex Jones Show, Alex talks with Bob Chapman, the International Forecaster, about the latest in the war on gold and oil, the Lindsay Williams scandal, and how the White House is planning to kill Americans.
00:00:44.000And here at the end of the week, I want to chronicle some of the things that we've seen happen in the markets.
00:00:51.000I want to go over what we're seeing with gold and oil.
00:00:53.000And also, I talked to Bob a few days ago, and he said, you know, the more I look at this Lindsay Williams thing, we think Lindsay Williams is a great guy.
00:01:00.000He's put out good info in the past, means what he's saying, believes what he's saying.
00:01:04.000We believe he was told this by this executive.
00:01:06.000But there's just some other problems with that.
00:01:11.000We don't know if they're trying to plant disinfo on him or if this executive believes it.
00:01:15.000But somebody's threatening your family and saying we're going to get you if you don't shut up.
00:01:18.000But by the way, we'll let you go out and talk about this.
00:01:22.000When his video has been number one on Google, one of his interviews, one of the speeches he gave, tens of millions watching it every month, I mean it did become a phenomenon and I do believe he was threatened.
00:01:32.000It's just that in the mechanics of the energy, the global energy market, exploration, delivering to market, it just doesn't line up with the facts in a lot of different places.
00:01:54.000I mean, it came out on ThinkProgress, but we really pushed it out on Infowars.com.
00:01:57.000We now have a more detailed article on Infowars.com.
00:02:00.000We want everybody to get out to the four winds.
00:02:02.000Cheney neocons considered killing Americans in pretext to attack Iran in a video posted here, YouTube, taped at the Campus Progress Journalism Conference earlier this month.
00:02:14.000The Pulitzer Prize winning journalist, Seymour Hersh, revealed how the neocons convened around Dick Cheney and brainstormed ways to kick off World War IV, as they finally call their pet project.
00:02:27.000Start a war in the Middle East and Central Asia.
00:02:29.000And he went on to say they wanted to create boats, build boats and shipyards in just a few weeks that look like the same blue PT boats the Iranians use to patrol their waters.
00:02:39.000Have Navy SEALs dress up, go in with a bunch of arms, and then attack.
00:02:43.000It says a shootout, that means both sides, against our destroyers saying it was Iranians that maybe killed the SEALs.
00:02:50.000And Cy Hirsch just said, you know, the newspaper didn't want to post that, you know, because they didn't carry it out.
00:03:21.000So, and he has these incredible sources going back to Vietnam.
00:03:24.000He broke Operation Phoenix, and they were torturing people to death, and their kids in front of the parents, and using the former zoo in Saigon to torture people, and you know, all this.
00:03:47.000First of all, I knew about it and picked it up the same way you did.
00:03:52.000And these kind of operations have been going on for years.
00:03:57.000It's just they haven't been as aggressive and blatant as they have in the last eight years.
00:04:03.000The means to an end sort of thing in order to achieve some financial or political objective.
00:04:12.000And there are people in government who are very interested in enriching themselves as well as putting forth a program that that pursues their aims.
00:04:37.000You know, we won't kill your people if you don't kill ours.
00:04:40.000And this lasted quite a long while, but when we got into Vietnam and we did what we did, things started to evolve from that that were extremely negative.
00:04:52.000Things like what you've just brought up, and we saw the Iran-Contra affair, the smuggling of massive amounts of illegal drugs into the United States by the participants, and today we get these kinds of one of twelve possible scenarios to get us involved in World War 4.
00:05:14.000It is truly believable if you have looked at things the way that Alex and I have.
00:05:29.000I mean, this is a huge issue to have the New Yorker deciding to not run with the story, not because it wasn't accurate, but because, well, they didn't carry out these staged terror attacks.
00:05:40.000I mean, the fact that the Vice President was proposing this, this is huge.
00:05:45.000I mean, even considering it is monstrous.
00:06:32.000I mean, how do we educate the public and show them that we have smoking gun evidence here, and then...
00:06:38.000Even our own movement has gotten so trained to accept these crimes by these individuals that it's kind of like, oh, um, I mean, Neocons write editorials saying we need giant terror attacks in America.
00:06:49.0009-11 was great for us in the Philadelphia Daily News.
00:06:53.000We have Gary Hart, who wrote up the CFR plan for the Homeland Security System, who's definitely one of them, saying, oh yeah, we stage terror attacks in open letters.
00:07:01.000I mean, these bastards are getting really arrogant here.
00:07:34.000In what we're trying to do, and we're very, very concerned that this whole thing may fall apart on us.
00:07:41.000So, you've got two groups of thinking, one sane and one not sane.
00:07:48.000And, you know, how do you do something about it?
00:07:52.000We're doing everything we can by being on the air and publishing.
00:07:57.000You know, I had an email the other day, not pertaining to this sort of thing, but I call a gentleman up, because I call everybody up who asks me to, and he said it would be a great idea if we had a million or two million people march on Washington regarding the Federal Reserve.
00:08:16.000Well, if we all feel strongly enough about this incident that Cheney and his gang of murderers and torturers and rapists uh...
00:08:28.000are going to do these kind of programs or why don't we get a million people to walk a walk a walk a walk a walk have a walk march on washington and tell a lot of about this anymore bob why do you think so many people see themselves as quote conservatives just say a tortures good rates good murders good new come all
00:08:52.000They don't understand that once you dehumanize the Iraqis or anybody else, that you've built a government and an elite that will do that right back at home to you.
00:09:04.000There's no justification for those kinds of thoughts, those kinds of actions.
00:09:12.000I know that sometimes you are forced to go to war, but Most of the wars that we've had have been unavoidable.
00:09:21.000They're usually caused by either financial or political interests, such as the Second World War.
00:09:28.000Everybody who's read knows it was a setup on both Japan as well as in Europe.
00:09:36.000And so people have got to think about not allowing this to happen.
00:09:42.000And it has nothing to do with conservatives who Believe in that sort of thing.
00:09:48.000It has something to do with everybody who believes in that sort of thing.
00:09:54.000And, you know, what's been very, very encouraging, and I talked this over with Tony Hilda not too long ago, is that we've had a movement of people from the right to the center and from the left to the center, so to speak.
00:10:09.000And it's the most important thing that's happened in the last ten years in America.
00:10:14.000Because now we're talking with and coordinating with people who have the same desires that we have and there's no political label on it.
00:10:27.000And so if conservative Republicans, in quotes, think that those are good things, they should rethink it and maybe they should think about not being conservative Republicans anymore because what they're thinking of are allowing to happen is just morally wrong.
00:10:48.000Well, it is, and they're not exempt from all of this, too.
00:10:51.000I think it's a decadence, a disconnection from reality.
00:10:54.000They haven't really lived, they haven't seen the dark side that Cheney likes to talk about, so they think it's cute and funny and macho.
00:10:59.000No, being a thug, supporting evil, supporting killing innocents, is not tough and macho.
00:11:04.000What's tough and macho is standing up for the weak, being strong, having a higher moral compass than those around you.
00:11:12.000They're not calling themselves the left anymore.
00:11:14.000I had former Congressman Dan Hamburg on, who always thought of himself as a liberal, and he said, look, you know, I'm into the Second Amendment now.
00:13:00.000On the average, Americans work between 45 to 50 years, hoping to build up enough wealth to retire and live out their golden years.
00:13:06.000Unfortunately, with taxation, the rising cost of food, energy, housing, and medical, many retirees are forced to live below the poverty line.
00:13:14.000Is this a flaw for the enterprise, or is our monetary unit we call the Federal Reserve Note forcing us into perpetual debt, ensuring inflation and higher taxes?
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00:16:56.000We believe he believes what he's saying.
00:16:58.000But this issue of we're going to be paying $50 a gallon a barrel gas and going to be paying $2 a gallon in the next year, it just doesn't fit with a lot of the data and input that we have.
00:17:10.000I think first you've got to look at the fact that ARCO has been part of BP for some time.
00:17:28.000The occurrence of major fields, such as in Indonesia, first of all, it would take at least two years for it to get online if it was earthbound, so to speak.
00:17:44.000I know that surprises people, but that's true.
00:17:48.000And they're a member of OPEC, and although they have recently, at least for the time being, bowed out, not knowing that they have another field, so to speak.
00:17:58.000And I don't really think that the government need Indonesia, the important people in that country, could not know about some field that was waiting to be developed.
00:18:10.000As far as the Russians are concerned, they're not going to do anything the New World Order tells them to.
00:18:14.000They're going to do what they want to do, and it'll take seven years in the Arctic If they are drilling deeply in water to bring about production.
00:19:02.000And they're quite good at it, quite frankly.
00:19:05.000Just ask any German to survive World War II.
00:19:08.000I mean, the kill ratio might have been 20 to 1 against the Russians, but they kept right on coming.
00:19:13.000They got a lot of guts, and they're not stupid.
00:19:16.000Also, you know, the major oil companies are heavily invested in this ethanol thing.
00:19:26.000And if the price of gasoline and oil go down, it's going to really raise havoc with their investments.
00:19:33.000And so, I also think that $50 oil is possible, but we would have to have a very deep recession and depression.
00:19:45.000To have that happen, and particularly depression.
00:19:48.000Because during... The nation would have to come to a complete... Hyperinflation.
00:19:52.000We'd have the opposite, and then after it totally imploded, if the entire economy ended, flatlined, then you might see oil drop because nobody could buy it.
00:20:03.000And also, I see a very, very bottom line of Of $80 a barrel over the next two years, and in all probability, it's more likely it'll be $100 to $120 a barrel because every nation in the world is inflating their money supply, money and credit.
00:20:29.000It's just that people know it, but there's no verification unless you listen to this program and a few other like it or read my publication.
00:20:38.000And So, it's very difficult for oil over the next year, let's say.
00:20:44.000To drop to $50 a barrel when the cost of everything else is going up.
00:20:49.000Yes, we just had a correction in commodities.
00:20:53.000But we've been saying for six months, on record, because it happens every summer, that the price is going to peak at the end of July or mid-July, and then go back down through the fall and winter, and then start picking back up in the spring, back into summer.
00:21:07.000And if you watch the graph, it goes up a little bit, down, back up a little bit, down, But on a multi-year graft, it's going straight up.
00:21:15.000So, to say, oh, see, the old companies were right.
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00:25:11.000Let's finish up with, well, really how improbable it is that oil prices could drop down to $50 a barrel, which would mean, I guess, $1.75, $2 at the pump.
00:25:29.000The Associated Press in 2001 reported in a big series, And then we went to the university and the groups that have been involved in the research and then to the group that had the lawsuit and got the documents, not just the AP article.
00:25:43.000And we've written articles about this the last few years.
00:25:49.000On Infowars.com and PrisonPlanet.com, where the oil companies in 95 and 96 met, the top 10, in the US and in London, and we have all the documents, all the minutes of their meetings, and they said, there's too much oil being discovered, we want to keep prices up, how do we do it?
00:26:05.000And they said, well, no matter if wildcatters ring in fields, we can't really block natural gas, that's hard.
00:26:12.000But, that's why that's been booming in the US.
00:26:16.000And keeping the economy afloat in many areas, like Texas.
00:26:19.000But they said what we can do is buy up these refineries.
00:26:22.000And in the next five years, they bought up over 200 refineries and closed them.
00:26:28.000Now Marathon and a few others have tried to go buy those old things, get through the regulatory red tape.
00:26:34.000They're trying to retrofit them and fix them up.
00:26:54.000It's just infrastructure-wise, because I know a lot, not a lot, but quite a bit more than most people about the oil industry, because family and being here in Texas, that will Well, Bob, we're talking about five years to be able to really bring to market something that could, and that's a dead reckoning estimation, but five years?
00:27:12.000Where if they did want to give us all the oil they're blocking up, even in Alaskan places, we're talking four or five years, or is that wrong?
00:27:21.000And let's assume in that period of time that we have a severe recession.
00:27:29.000When a depression arrives, if in fact it does, Then you're going to have less usage.
00:27:35.000And so one could meet the other in the middle, so to speak.
00:27:39.000And yes, then the production of oil and gas versus usage would increase, bringing the price down.
00:27:51.000I mean, goodness, during depression, it could go back to $11 or $12 as well.
00:27:56.000I mean, you know, there's nothing Sacred is sacrosanct in any market.
00:28:02.000And yes, I think that major oil companies would want prices higher, but they don't always get what they desire.
00:28:10.000They're making record profits, and I'm sure you've seen them.
00:28:14.000Well, I'm getting people emailing me thinking, oh, aren't oil prices low now, as if a national average of $3.90, many areas of California $4.50, some areas even higher.
00:28:23.000This is the Pavlovian way they train us.
00:28:27.000Remember, folks, a few years ago when $2 was outrageous, and then $3, and then... I mean, this is so childlike that people now think that oil prices are low.
00:28:39.000Well, you know, that's that propaganda and then the release factor, you know, being able to accept something that you don't want to accept.
00:28:49.000It's just like, you know, people who are taken, kidnapped by, say, bank robbers.
00:28:55.000You know, you cooperate to keep your life and you sometimes adapt The thinking of the people who have imprisoned you, so to speak.
00:29:05.000Patty Hearst is a good example of that.
00:29:08.000You don't hear much about it anymore, but that's what she's succumbed to, and it's normal.
00:29:14.000Yeah, she started robbing banks with them.
00:29:18.000And of course, being very wealthy, it was easy for her to have that obscured, if you may.
00:29:26.000Very good point, and I think that's what the globalists use psychology.
00:29:30.000They sold us torture, they sold us preemptive war, wars of aggression, corruption, surveillance, and the public has that syndrome, I forget the exact name, where you go ahead and start defending your abusers is basically what it is.
00:29:47.000I mean, most people don't want to die.
00:29:49.000I mean, when you're at my age, you really don't care because, you know, You think you're fortunate you live this long, but anyway... I've studied enough history, Bob, as you have, to know that I've got a much better chance of my family and myself coming through it if I'm bold, if I fight back, and that being weak and living in denial invites enslavement.
00:30:10.000And so I hope all these cattle-like people out there who love the system, I hope they realize they're inviting doom by rolling over on their back and presenting their belly to the wolf.
00:30:25.000I want to spend just two or three minutes.
00:30:26.000I want to take calls for the rest of the hour, and we appreciate Bob Chapman of TheInternationalForecaster.com joining us.
00:30:31.000Get a free trial subscription at TheInternationalForecaster.com and valuable information.
00:30:36.000Bob, before we go to the calls, just three or four minutes, the basic economic outlook, what's currently happening right now.
00:30:46.000Well, we have been shown, particularly through the discount window and the auctions by the Fed, that if anything, the credit crisis is worse now than it was a year ago.
00:30:58.000And I'm sure Wall Street will tell you that's incorrect, and I'll have all kinds of reasons to tell you that.
00:31:03.000But the bottom line is, they're increasing money in credit by about 17%, and at the same time, the banks are still having a terrible problem staying solvent.
00:31:14.000And there's some $500 billion a month that's being given to banks, which just keeps on being an auctioned and lent and rolled at 2.25 and 2.35%.
00:31:28.000But you can't do it indefinitely, and that's where we're at this week as far as the credit situation is concerned.
00:31:35.000The commercial paper market, where businesses go and they put up collateral and they borrow money for short periods of time, 30, 60, 90 days, maybe 6 months, for production things or research or whatever they're doing.
00:31:50.000And that money is getting more and more and more difficult to get, and it's been that way for about a year.
00:31:59.000So that's another negative towards... And that kills economies!
00:32:03.000Yes, it does kill the economy because the government also is taking in more money, borrowing more money, and it's crowding out business borrowers.
00:32:14.000I mean, the bank calls up and says, XYZ Instruments, you had a $5 million line of credit, now it's a million.
00:32:37.000And for those that don't know, in this globalist economy, margins of profit are so small in so many industries and so many manufacturing sectors that they'll need to borrow $10, $20, $30, $40, $50 million to do their run of a product just so they can sell industry.
00:33:38.000There was another article in Bloomberg, also in AP today, about how record amounts last month, record for all time history, even in the previous months, of banks going to the discount cash window and quote, getting free money from the Fed that they have to quote, you know, pay interest back on.
00:33:54.000But that's our money, that's more liquidity currency being put out, devaluing the currency.
00:34:00.000So you say feeding on ourselves, it's like we're starving to death, On a boat out in the middle of the Atlantic Ocean, so we're chopping our toes off and then our feet off and barbecuing them, but we can't sustain ourselves that long eating ourselves.
00:34:26.000Which your body really does start eating itself without you cutting your toes off and eating them, your body does that.
00:34:31.000My God, I mean if this was a country that was 240 pounds, solid muscle, totally, you know, huge bull neck, the best economy in the world say 100 years ago, are we emaciated down to what, 95 pounds?
00:35:35.000Another thing, too, is that I think, finally, the mainline economists, even though they're hired by the banks and the brokerage houses and the government, are finally saying, look, these figures coming out of Washington are totally bogus.
00:35:54.000And so all of these things are starting to confluence, and as we go on and the exposure comes, then the next step is deeper recession, and that means we've got to print more money, and then there's more hyperinflation until some point where the borrowers won't borrow anymore.
00:36:13.000When you see that, you know you are about to enter deflation.
00:36:22.000And we go into foreign companies and even countries coming in who don't have the devalued currency.
00:36:31.000They're going into recessions and depression, but they still have a strong currency.
00:36:34.000They're coming in with all the dollars they've bought in the past, and they're buying up the infrastructure, the water districts, everything.
00:36:43.000We're fighting the foreigners off in about half the time from grabbing roads that are worth $100 billion over 50 years, and they're getting them for a half billion, a billion for $75.
00:36:55.000So literal pennies on the dollar, roads we've already paid for, The state transportation boards won't fix them.
00:37:01.000They're spending the money on cameras and emergency centers and martial law, war wags, and the rest of it, literally, big armored vehicles.
00:37:45.000And everybody, no, there's 20,000 that are going to have to be laid off and 200,000 that have to have their salaries cut to minimum wage.
00:37:55.000And at the same time, the legislature in California is arguing about which way they're going to go on trying to solve this $15 billion, I'm in the hole dilemma.
00:38:06.000Well, when this implodes, what are all the new 3 million cops from 500,000 a decade ago, what are they going to do when they can't pull people over and give them tickets anymore to raise money?
00:38:16.000Because the people have no more money.
00:38:18.000What are they going to do when all this is going bankrupt?
00:39:06.000I mean, we have an energy scare, but then we, you know, we have conflicting interests.
00:39:13.000Everything points to Alaska, from Anwar to HAARP.
00:39:18.000Now just remember though, those profits for Exxon and BP, that's in dollar figures, so the profits really aren't that big.
00:39:24.000I'm not saying that the oil companies aren't crooked, they're as crooked as it gets, but they are... Bob, do you want to explain that relationship?
00:39:32.000Well, it's very, very convoluted, but the oil companies are among the richest entities in the world.
00:39:43.000And they have been allowed to do exactly what they want to do.
00:39:47.000And, you know, they got all these profits coming in, and that's nice for them.
00:39:52.000But, you know, you've got millions of people in the world starving because they won't refine more gasoline to bring the price down.
00:41:00.000We have a sticker on the car, InfoWars.com, and two round ball stickers, and when they got done with us, they said, do you know why we did this?
00:41:11.000They treated us like criminals, ordered us out of the car, and facing the police car.
00:41:17.000Then they searched the car, they searched my purse, threw everything out of my purse, didn't put it back in, questioned us beyond belief, and It was horrible.
00:41:27.000Well, for those that don't know, all over the Western world, the police have been told to harass patriots, to engage in secret police activities.
00:42:08.000I mean, what's wrong with these cops, Bob, thinking that people that defend America, and we've been right about everything, that we're the bad ones?
00:42:17.000Well, I think that they probably get a lot of disinformation from government.
00:42:23.000And they do what they're told because they have to or they'll lose their jobs.
00:42:27.000And I think it puts them in a state of mind where anybody who challenges the system in which they've chosen to operate in is outside of what they are or evil or whatever.
00:42:43.000And so these two ladies in the car were evil because they thought Ron Paul was a good choice.
00:43:47.000And there was all kinds of people walking by.
00:43:49.000And they're all looking at us and we're in the front of the police car with our hands behind our back like we're criminals.
00:43:55.000Oh, he told you to put your hands behind your back is the Ron Paul sticker.
00:43:59.000Now, now, what was the look on their face while they were dumping your stuff out on the ground and leaving it there and having this pleasure raping Americans?
00:44:06.000You weren't supposed to look towards our car.
00:44:29.000Well, a lot of these guys have been running checkpoints and shaking families down and killing them in Iraq, and they're just totally mind-blown.
00:44:36.000Don't worry, cops, they're going to take your pension funds, everything you've got, your loving government that you trust so much is going to hurt you real bad.
00:44:42.000Ingrid, you want to write that story up and post it in the message board at PrisonPlanet.com.
00:44:53.000Bob, it's that kind of story, and there's one in the news today, a person being arrested for sticking an InfoWars sticker inside an airplane.
00:45:00.000That was not good, shouldn't have done it, but the point is they overreacted to that.
00:45:04.000I mean, that really, again, I'd love to be able to talk to that cop when he's off duty and just say, man, don't you understand this is tyranny, Bob?
00:45:17.000And hopefully, policemen, law enforcement people are listening to the program, and they talk to one another saying, you know, we shouldn't be doing that.
00:45:58.000Yeah, all over the country, it's even in the newspapers, InfoWars stickers, Ron Paul stickers.
00:46:11.000Cops pull you over, a lot of times they pull guns out, they freak out.
00:46:14.000I got video on Road to Tyranny where they pull a woman over to Checkpoint, it's their squad car video, and they find a pocket Constitution, and the state police in Virginia start breathing heavy.
00:46:23.000Look what I found, paraphernalia, is she allowed to have this?
00:46:27.000And they go, I don't know, I think that's illegal.
00:46:30.000I mean, folks, it sounds like a humor or dark satire or 1984.
00:47:12.000And then my other question would have been to your first guest, and that is, did you get any news, hearing that George Bush's Oil assets have been seized, have been frozen.
00:47:31.000And that was given to us on June the 12th on CBC Radio 2.
00:47:39.000Today is B.C.' 's 150th birthday, and I'd like to tell your guests that.
00:48:15.000I hear a lot of complaining about the government and the problems that we're having right now as a nation and as a world, but I still hear a lot of clinging and looking to the government to fix these problems.
00:48:26.000The thing is, they're not going to fix them for us, at least not in a way that we'd like.
00:48:29.000They're going to push their agenda on us.
00:48:31.000No, they're going to get money out of us and squeeze us.
00:48:33.000They're going to try to present their solution.
00:49:59.000In closing, Retransmission starts in T-minus one minute at OnePlaceInfoWars.com.
00:50:05.000I had an incredible hour and twenty minute long interview with Vincent Bugliosi.
00:50:09.000More than what you just heard in his ten minutes of testimony in Washington last week on impeachment.
00:50:14.000And on Bush being a mass murderer and a lot more, that is coming up in retransmission in a jam-packed first hour where I covered the most important issue we have seen in months of government-sponsored terror, smoking gun information retransmission now, one place, on the web at InfoWars.com.
00:50:31.000For everybody else, I'm back on the AM and FM dial next Monday and Sunday, 4 to 6 p.m.