Bob Chapman : the commodity market contract is not worth the paper it is written on

Bob Chapman interviewed by SGTbull07 this Dec 10, 2011 about the MF Global and what happened to Gerald Celente who lost a six figure amount of money in an MF global account "people have to understand that the rules for the commodity market are much different than they are for stocks and the stock market , the commodity market gives you a contract that it is not worth the paper it is written on " says Bob Chapman and the commodity company in this case MF Global can change the rules anytime they feel like it Bob explains

Bob Chapman on the MF Global debacle

Bob Chapman on the MF Global debacle : Bob Chapman reveals that he is getting over a thousand emails a day regarding what happened to Gerald Celente with MF Global , commodity account is done by contracts , the contract is not worth the paper it is written on says bob Chapman , and the reason for that is that COMEX likes to screw everybody it's as simple as that he added , and the CME which owns the COMEX likes to do the same thing , and they change the rules all the time , and so you have no protection in the commodity market whatsoever and anybody in there should know that ... I have told people for years never to use margins under any circumstances , well some people do and unfortunatly sometimes they'll regret it .....

Bob Chapman on The Total Collapse for October 2011 as predicted by Gerald Celente

Bob Chapman : everything that you said is correct the only thing I cannot answer is Gerald' prediction , it is dangerous , I do not know when it is going to happen but it surely going to happen , if Greece gets some money it ill tide them may be 3 month may be six months do not forget they are broke , whatever they are going to do it is just not going to work , I have been at this for too long to pick a date Gerald Celente is may be right , Gerald is a nice person he is great at doing trends , we get each others publications and we converse by email occasionally I think he tries to do a very good job , and I wish he had not picked a date ....it is very difficult but with all that said everything the gentleman wrote is correct .....