November 10 Vlog - Dollar Collapse moving Mainstream

[brainsells3000]

The Federal Reserve has a reserve of Gold worth only $326,990,302,500 if Gold were worth $1250 an ounce.But the real cost of Gold will go to $2500.If other nations get scared and buy Gold we will sell it.If they try to compete with us they will starve themselves.Everbody is trying to keep their currency lower than U.S.D. so they can export.That means it will cost them more the longer they wait to either stop devalueing their money or buy Gold.We will scare the world so we can go back to work.

[Dean0000007]

In canada we buy our gold from Bank of Nova Scotia correct... what percentage does the bank take from each oz of gold sold....

[mcourtmiller]

what good are better prices for exports when your own citizens are being starved out with declining purchasing power?

[brainsells3000]

It loses purchasing power for awhile but if saved and productivity increases,the value goes back up giving an increase in purchase power.We don't wanna buy anything right now anyway,can't you tell looking at the market?

[scottrex33]

why the hell dose the sign say silver 1000.  thats not tell next year

[ar15akg17]

gold at $1,121

[cyanzone]

H.R. 1207: Federal Reserve Transparency Act of 2009

[TadRapidly]

Derek says " Get oat of the dollar! Get oat! :-) I'm getting oat.

[ZionistCensorship]

gold is 1070 in aus

[harveybirdmannequin]

A weak dollar good for exports is BS to the max. Then why not have the weakest dollar possible? Make everyone trillionaires and inflate away the massive debt. Oh yeah that's right because the USA doesn't produce anything. All it does is consume so imports will skyrocket in price. This is how China has been subsidizing the USA's living standards with the weak yuan. Everyone says there is a strong dollar policy at the same time they want China's yuan to appreciate. What is this NONSENSE?

[kja5]

Thanks for the video!

FINALLY, my friends and family will listen to me...because the MSM came out and mentioned what I've been saying for months. hahaha. Sad but true.

[jimbonumber9]

Again, no jobs creation, then no "real" economic recovery is possible.

[losolomo]

How do you think the american financial collapse will affect the Canadian dollar?

[charlie4114]

it will effect every country but to what extent? I personally think canada has very close tie's with america. It holds a lot of USD reserves. But it can quickly change currency because canada still exports a lot of goods and resources. So in the short term yes long term no. But be careful of a lot of us citizens wanting canadian citizenship. ie border hoppers.

[chromedreamz]

When I see places touting "buy Our Gold" instead of 'sell your gold' , thats when I will sell my Gold, which wont be anytime soon

[theskeemer79]

I sell when I start seeing regular uninformed citizens buying.

[argentummolonlabe]

well said!

[happymax1]

I am hoping that cats will be used as the new medium for financial transactions. I am highly leveraged in cats.

[sizzlot]

So where do you perform these transactions, a cathouse?  ;-)

[FelipeSparx29]

please let this be the end of the dollar,please!

[PandoraLeigh]

What's with the "Silver, $1.000 / oz" flyer?

[chromedreamz]

Yes a silver $1000 poster is the same as a "mad Max' poster, dont think so, not for 100 yrs or so

[theskeemer79]

You are giving the dollar way too much credit. The dollar has lost about 95% of its purchasing power over the past hundred years. If Silver goes to $1000 over the next hundred years that is equivalent to another 98% loss of purchasing power for the dollar. You are basically saying that the next 100 year is going to look a lot like the last 100 years! History tell us that that kind of stability is impossible for a fiat currency, especially given the current imbalances.

[Mr420Anthony]

one thing that gets me is that.how is the dollar falling in value but yet the markets whent up?? how does that work!

[undekegamisou]

INFLATION

[DavidAKZ]

well government/ Goldman Sachs chosen brokers buying stocks. In sound money terms if you divide the value of the DOW by the price of an oz of gold, the ratio is falling tinyurl . com / 2sp36

[Mr420Anthony]

so are you saying gold would not be a wise invesment?

[Mr420Anthony]

the collapse of the dollar is immanet

[RenewableFuel]

Your spelling has already collapsed.

[Mr420Anthony]

yea tell me about it lol.thats what you get when you dont sleep.i must get my insomia undercontrol.but its so hard.even more so when you finding out all this awesome info

[DavidAKZ]

Did you you hear about the insomniac atheist ? He lay awake at night wondering if there was a DOG

[Mr420Anthony]

no i have not..and i really do not care to hear about it..

[DavidAKZ]

:-)

[x11115]

i'm really no crystal ball and could be wrong but to project things that are going to happen you have to think about the what if's.. what if oil goes above 100 what if it doesn't, what if jobs get worse, what if they recover and so on. If it's clear oil is going to go high and stay high food will not go down and if jobs stay on the brink then housing will not be in demand because a person has to drive to work from their house. simple logic and alot of deductive reasoning. tell me if i'm wrong.

[rocksiphone]

Would Inflation make Home Prices go up or would it just be Imports?

If home prices do not rise with inflation and you hold gold, then that would make real estate seem really cheap.

[jailarson]

Any hard asset denominated in dollars will go up with inflation. It it is useful, it will be more desirable and cost more. Unfortunately, wages will probably not keep pace.

[x11115]

housing prices would remain stagnant because jobs are still on the brink. people aren't going to make long term commitments when the job market is unstable. they can't even sell houses for $500 in detroit lol. would you want a house in the middle of an apocalypse? when jobs go up demand for houses will follow.

[NowisEvollovetion]

I have noticed recently that there are people on both UK TV and radio discussing the benefits of owning precious metals, as well as talking about the damaging effects of inflation.

It seems precious metals are becoming more mainstream.

It cant be anything but good for the price of PM's in the long run.

[slobomotion]

Think about the fact that diamonds are relatively worthless these days.

[GovWillKillU]

robert prechter scared me into some cash.

[GovWillKillU]

i hedged metals with cash. any collapse wont be felt by mainstream... i mean, look around you. these sheep are oblivious. our only advantage is we are watching closely... but the average JSP just needs low gas, food, and beer to remain oblivious... which leads me to think gas, food, rent, beer will stay cheap while they "do their thing".

[shwacksack]

i guess that makes sense if you're high - one of the means of collapsing our economy is through food prices. Food will not stay cheap. Look at the price of sugar over the past 6 months and tell me food's staying cheap. In case you're wondering what sugar has to do with it, think about how many food products use sugar as a main ingredient.

[GovWillKillU]

unemployment will remain over 10%, and it will certainly stay there, as we're getting used to computerized check outs in grocery stores, a collapsed financial job sector, outsourcing, etc. this means lower wages with more compettition for jobs. it also means market forces will determine corporate sales volumes... market forces will need lower prices to compete for less money in the lower middle classes, the primary grocery shoppers in the US.

[shwacksack]

So you are stating that food prices will go down. I am sorry, but this is not going to happen. All this talk about "corporate sales volumes, market forces, collapse financial job sector, outsourcing" is irrelevant when the prices are going up. Maybe you don't do the shopping for your household but i do. Check the food prices, they are not going down. If they do, however, I will write you a personal letter of apology. Please don't get too hopeful about that letter.

[x11115]

I agree with you about food. the price of food is not likely to drop.  many reasons for this. the price of oil is high which weighs heavily on food prices, plastics, transportation, ect will keep the cost of food higher. exports are strong and projected to remain strong so I think that the housing market will be under pressure because of jobs but the economy will struggle but be held up by exports. but food is something people have to have even before housing.

[taxmaxtony]

I believe the fourth horseman is instructed not to touch the oil and the wine while on the other hand he has the scales.....to weigh out the value

[PontiffMystic]

Mainstream barely figuring it out? Lol. Mortgage brokers are still trying to sell ARMs. They say interest rates won't go up. Don't get an ARM. Don't need bankers now to lend, we need savings. Only then can the economy be repatriated to sustainable growth. They are stimulating the problem. Bankers squandered your savings. I wouldn't be near any bank for the time being and put too much money. Get precious metals to really save.

[GovWillKillU]

the banks need to go down, so the savers stop paying interest to them and start spending their money on the real economy, like local businesses instead of bankers interest... we need to get back to production and savings... even though it looks like its too late for that..

[NibiruMagick2012]

The reality of it all sinks in..... The truth is that you have been working so hard on this, you hoped you were wrong deep down. Now we see the new begining.

( get to the trees for a bit and clear your head)

Peace, Love and Light my friend.

[noncompliant2]

You seem to be a bit ruffled today...

[x11115]

debt as a pecentage of gdp will go over 100% of gdp. on bloomberg they said they would not be raising the benchmark anytime soon and said august 2010 would be the earliest they would raise rates. seemed like they were really pumping the stock market on bloomberg and running down the dollar. don't forget more banks still in trouble and jobs haven't rebounded. total unemployment is over 17% real unemployment is probably over 20%.. not good.

[slobomotion]

I'm watching the price of gasoline very closely in the USA. I see chaos in the USA and the crash of the dollar as extremely likely in the nearterm -- just hope I am wrong. Best to you. Greetings from Europe.

[SamuraiCommando]

Yes I agree with you. You cant just keep dropping the dollar and be optimistically investing in stocks. Businesses cannot do business without cheap oil and they are not considering this. Demand is the only thing keeping oil down and if there is even the slightest bit of turmoil in the middle east (Iran) stocks are in trouble. I am not sure how this will affect metals. Dow too high = dollar prob too low which = higher gas prices which = inflation. Look at outside affects.

[neanam]

I know you dont have a magic ball,but when you see everything hitting the fan so the average person will know things are bad.....ballpark figure

[slobomotion]

I don't understand this comment.

[neanam]

when will there be a total collapse in the usa finacal system in your calculations.......so in all of your research how long will thing really be abivious for the average guy that the dollar is worthless..etc

[slobomotion]

Total collapse? I don't know. The dollar losing half its value, I see that for this month or next month, but I keep checking around and hoping I am WRONG! I think by next year the average guy will start to wake up, but by then it will probably be too late.

[lindabebe835]

slobomotion, you are right on. Gas and all kinds of taxes will be going up soon on top of a collapsing dollar. msn money jim jubak had an article today on what tax increases we can expect next year. Need I say the list is long.

[slobomotion]

Yep, I have recently seen three indications of this. Ugh!

[neanam]

thanks my man