The thing is: the rate of decline is more improtant than the amount of decline. The volatility is even more so. Average inflation from 1970 -> is about 5%/a, and that contained massive inflation during the oil-crisis in 1973 and the recession in 1979. Without these periods, inflation would be a quite steady 3%, which is ideal for stability and economic growth.
You said the decline of face value of the dollar by 90-something% shows how dangerous using the printing press is. Why does the loss of face value imply danger? What is the harm, if you also add the amount of dollars in circulation? The total value of the economy doesn't change, but the owning 1 dollar is less relevant than before.
Good video. As I am sure you know...the banks have begun buying up precious metals like crazy...especially silver. I had been saving to begin my silver investment, and purchased this week about 850 oz...but it is becoming almost impossible to find! Every well known website is out of stock, or has a crazy minimum...and the coin shops are often empty as well. Not a good sign!.
@myspacesecrets That is because most people don't think or pay attention to details. You have a quintessentially Australian accent of an educated person.
I mean absolutely no offense by this comment, but if an Australian can see this then why cant all of us Americans? Again, absolutely no offense meant to our sister country Austrialia, but really, why are Americans the only people ignoring this when the rest of the world knows about it, and the dollar is not even their currency and yet they still know, but we dont? Do you see the problem with that? You live here, use the dollar every day, but have not noticed this? WAKE UP!!! NWO coming soon!
Because Americans are so deluded at this point it's unreal. Freedom demands that we be vigilant; we have become complacent. And we elect spineless jelly fish as our leaders who don't have the guts to do what's right and tell us the truth. In the end Americans will have nobody to blame but themselves.
Absolutely right. But did you know that ALL 42 Presidents, aside from Lincoln and Kennedy, are direct descendants of French and English royalty? It's true, through Alfred the Great! Obama too! Lincoln and Kennedy were descendants of Irish Emperor Brian Boru. They were not one of these other spineless cowards, and that is EXACTLY why they were murdered. There has NEVER been a Democracy here, they only make it look like there is. The one with the most royal blood wins it... how it always has been.
Agree with you 100%! How they EVER managed to implement a Democracy, the very thing John Adams warned us against, even though it is UNCONSTITUTIONAL, is beyond me.
Then again, I do not recall being taught my Rights and Freedoms in school, so it really isn't all that shocking. Pretty sick...
Even still, democracy rule by the people would be infinitely better than the corporate lobbyists that we have to deal with today. There are very few forms of government more disgusting than the corporatism (in my opinion).
However, I'm not an expert in politics.... I'm an engineer -_-
Democracy... while it lasts is more bloody than either aristocracy or monarchy. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There is never a democracy that did not commit suicide. - John Adams
I am pretty sure what we are experiencing today, is the system taking the sword and poising to slash us all in the throat. Rome made a big ass mistake, it let the Republic die and give rise to a Democracy. We are now doing the same. Just brace yourself for the fall.
yeah most of us agree with you but when your too proud of your countries dollar you become blind of it ? the fact of the dollar declining doesnot been anything when you been brainwashed into belive the us dollar will never collapse from birth and you live in the worlds most powerfull economy ,which by the way is europe its gdp is bigger than usa , china i say number one economy by 2020
You DO realize that the Dollar is the GLOBAL currency right? It is a little known fact, but in fact, the World Banks use the Dollar to back up other currencies especially within the United Kingdom and European Union as a whole - hard as that is to believe. If the Dollar collapses, THE WORLD ECONOMY COLLAPSES! It is NOT just going to screw us, it is going to screw you and EVERY OTHER "developed nation" whose currency runs off of the world banking system which uses our Dollar to back up your Euro!
Ive been hearing that for 25 years.....it can go up to $1700/ounce and it would only be a 50% gain from todays entry level.......stay with sliver....far less risk
When the PRIVATELY OWNED "Federal Reserve" Banks seized control of OUR country's currency in 1913 after the depression that THEY ENGINEERED TO GET CONTROL, they did away with our gold standard under Nixon - the Dollar is backed by NOTHING, except for dept. It is not worth the paper it is printed on now. BUT, the Rothschild family integrated our Dollar as the world currency. This is known by very few people. So again, the Dollar goes, the WORLD goes. Get ready for the RFID Verichip Mark!
its not all bad ! from choas will come order like in the past ! i bet the yen will dominate the world from the ashes and usa willbe a 2 dollar aday country , euro will be the second economy because they taken steps for the dollar collaspe and the americans no it ? oil rich nations decuss dumping dollar in barrels of oil along with russia , new currency shown by russain president in 2009 , strange think thou russia media repoert break up of usa in 2010 -2011
Yeaaaaaa,who wants to see Amerika collapse? me me meeeeee.I am sick and tired of all the people with their fucken toys: RVs,harleys,boats and big ass houses.Fuckem, let the economy collapse.
If US Collapse, then most of the world will too. In 1944, The Bretton Woods Agreement was made where the International Monetary Fund (IMF) and World Bank was created. It made a global Federal Reserve System that made the US dollar the reserve currency of the world. It means most currencies world wide is backed by the US Dollar, but at that time US Dollar was backed by gold, today it's backed by nothing. US has sold its debt to China, Europe, and Japan. Bottom line: If US falls, the world falls.
I know all of this.I know everything that is going to happen.I have been doing study and research on the IMF,TLC,CFR,bilderberg,illuminati,NAFTA,GATT,world bank,WTO and so on for 20 years.I know the globalists want to get rid of everyone.I know the chip and the antichrist are right around the corner.The collapse of the U.S. has been a planned event for many many years.There are many different areas involving this plan.Just a little note,Iran is one of them.
so what your saying is that because you know all this,and based on your comment where I first responded too where you state, "Yeaaaaaa, who wants to see Amerika collapse? me me meeeeee.I am sick and tired of all the people with their fucken toys: RVs,harleys,boats and big ass houses.Fuckem, let the economy collapse. Let the motha fuckers eat cake."), that you're looking forward and excited about the world collapsing?
So, if you measure the Dow Jones from 1920 up to today, you'll find that the Dow Jones, relatively, is lower than it was in 1920. America, since your times of slavery, you have been getting poorer and poorer thanks to your fucked up bankers. Here's a problem. Take the day the Federal Reserve and IRS acts were passed into law (Dec 24, 1913 I think) And measure today's Dow with 1913 dollars. Ohhhhhhhh! You just got ripped!!!
And over the 76 years of declining USD value in the USA, the Standard of Living has EXPLODED - 99.9% of Americans have clean water, electricity, full public education, a mature infastructure of roads and bridges, the best military in the world, a national GDP equal to 25% of the entire planet, the greatest universities, the best hospitals, the most patents, maybe the least corrupt government, they have been to the moon, and Americans donate more then any other country.
As a conservative - I would say most of the decline is based on the fact that the moral pillars that held society together have been badly damaged.
Example: 80% out of wed lock births for the african-american community points the way toward the decline in their community - low educational attainment, high drug use and high crime rates (go look at Inner city Detroit - about 24% get HS diplomas) Kill your unborn? Is that a family value, a community value?
smart money? that's an oxymoron. you can't equate intelligence to a reality that apparently lacks. smart people would never be fooled by what is forever flawed.
Great Chart. If you include the 100 years before we went off the gold standard you will see an almost flat line purchasing power of the dollar except for temorary WW1 inflation.
As people start taking physical possession of the gold and silver they 'own' in the comex, then at some point the comex will not be able to deliver someones bullion, and then the cat will be out of the bag,and gold and silver will rocket when everyone realizes how little there is in relation to current prices and alleged inventories,and the dollar will drop like a stone....and the percentage of owners asking for physical delivery is increasing
Although the sudden influx of $2 trillion into our economy from the stimulus packages is cause for concern because hyperinflation is a situation that we very much so want to avoid, the small rates of inflation are in fact necessary to keep our economy functioning.
If deflation were to happen, that is the dollar were to get more valuable, consumers would tend to hold on to their money as opposed to spending it because holding on to their money would increase their purchasing power. This would be a dangerous situation for our economy because the flow of goods and services would slow down dramatically. Businesses would not be able to remain profitable as they would have fewer people buying their goods.
Many people think that inflation is a bad thing, however this is not the case. A small but constant rate of inflation decreases consumer's tendency to hold on to their money since they won't gain as much by saving it. This is actually a good thing because it keeps consumers buying goods and services so that businesses can continue to produce and remain profitable. The businesses can then in turn pay employees who will turn around and buy more goods and services.
Hi all. I don't really understand why the USD currency exchange is dropping.... Also, with its currency dropping doesn't it make the US export industry boom because more people can afford US products? Why did roosevelt ban the US ppl to keep gold? Thanks!
That would be good if the U.S. actually made anything besides cars and weapons systems. Like peter Schiff said in "Crash Proof", the U.S. will send cars to China (China just purchased Hummer) and China will send bicycles to the U.S. Maybe the U.S. will be the future outsourcing destination of the world after we learn to speak Mandarin.
"The U.S. dollar is coming apart at the seams. Crisis hedges like gold and silver are on fire. GM is going broke. THE HANDWRITING IS ON THE WALL! " M. Weiss
Based on what value in the graph axis? and how does this relate to all(major) currencies. It's easy to see the huge house price difference from North America to Europe. I don't know if it's the same in Australia. Houses in Dublin are 1/2 million Canadian Dollars to start. If the dollar has declined so much why is my house only 150kCDN.Agree, numbers indicate decline, hope for d best, plan for d worst. Is the Us dollar just being used to issue a decline in currency to move the IMf into position.
The problem is that there has been a flood of US dollars into Brazil markets.
The interest rates here is very high. We pay 150% a year in interest rates to credit cards and we work more than five months for free a year just pay taxes to the government.
The interest rates the gov pay to banks is about 11% a year. The Spread is the biggest in the world. Interest rates are the biggest in the world.
The dollar is losing value against the real, Brazilian currency for quite sometime. Interesting thing is that Brzil's inflation is bigger than USA's. I always thought there was sthg wrong going on. Or our inflation was wrong or USA inflation was wrong.
Now the dollar is falling more and the chair of central bank has bought dollars to prevent the fall to no avail.
Today he announced a new policy to stop the dollar from falling against real.
I understand that the USD will fall sharply. My question is what about the Australian Dollar? And Yen? Yuan? They all gonna lose their purchasing power after the USD collapsed?
To all of those who think the USD is on the verge of collapse, then go ahead and short it. You will soon realize that you may be wrong....again. USD cycles and it is currently in a long term (7-8 yr) BULL cycle. How do I know this? check T-Bill yields. When interest rates start to rise, USD will soon follow, just like it did last july.
Bigotry has nothing to do with racism. And my videos are realism. Unfortunately people like you just find it hard to swallow the truth. Oh well GL in life.
thnx for the posts myspace. this sort of information has already been out there for years but its good that alot of ppl have not seen it before. The likes of Gerald Celente, Bob Chapman, Peter Schiff all hold similiar views. How about informing the Australian viewers/public on your trends forecasts for Australia? something closer to home? Thnx
Yes, they will allow it to collapse. It's called a poison pill strategy. Google it. Second, the end of the world is not here. The only thing that is going to happen, outside of people freaking out, is the USD will look like the JPY.
You're video answers where all the inflation has been all the time. Not very many are going to be shown charts like these. The wealth effect will erode as the ceiling continues to fall on the Dollar. so the printing press does have a corrosive impact on our purchasing power, they have softened the crash but it is ongoing and when it lets go, maybe because of an unexpected global event (widespread war or severe conflict), the dollar may have to take the back seat and enjoy the ride.
Im not to sure about gold been a safe haven, it might be for a while, but not for long. IMF are talking of selling all thier gold to raise money. Maybee they are wating till it reaches $2000
Most gold reserves are held by the us,as soon as china starts trying to buy it in large amounts up goes the price..and if they keep on buying it ..they will be paying the us governments debt off...bummer isn't it.
Everything is relative. When I was a kid, minimum wage was 55 cents an hour. Gold going from 900 to 1000 is no different that a $9 stock going to $10. Big Deal.
Well according to the BLS inflation calculator,one dollar in 1932 ( start of the Depression) has the same purchasing power as $15.56 today...I'd say that's a great deal of inflation!
I don't know how much of this data is available, but could you overlay the price of gold in dollars, the M3 money supply (estimated for the past few years), and the American median income? Just curious.
It may be so but you can always sell your "physical Gold/Silver" for any currency in the future. Easily sold on Ebay. Check out auctions for 1 oz Gold coins. Selling at over $1K in USD each right now, today. So GOLD/SILVER is always a great store of wealth able to be sold or traded at some future time.
bbrg just reported the dollar just dropped to a 4 month low. Analysts at Nemura, Kokusai and the bank of Tokyo-Mitsubishi are trimming their holdings in US Bonds and Dollars.
OBama is going to give us a reason for another bailout and the Federal Reserve interest rate is as low as it can get. They're trying to do this.
Great information as always MSS, It amazes me how some people think that hyperinflation is an impossibility. If the currency becomes worthless as it is doing and as I have explained to wrinkles1931 then what other choice is there?
I believe inflation will take it's toll. What I was wondering is if your chart was based on the purchaseing power of real goods or if it was realative to purchaseing gold?
Man, your voice puts me in a good mood. Not sure if it's the pitch, tone, whatever... but it has a natural lyrical quality. I played Warcraft with another guy with a similar sounding manner of speaking and he was an elementary school teacher for a while. He could assuage the nastiest of arguments between others in minutes. Ever consider a job in radio? Good vid, btw.
Back in New York in the 1980s, I was able to feed two people for a whole week for 40 USD, easily. Yet, in some ways, I find my money gets MORE than it did.
This is all very interesting.
Thank you for posting. Very provocative channel. Best to you!
Yeh, my suspicion is that with the collapse of the dollar, other currencies, in a bid to remain competitive, will similarly adopt policies which would intentionally devalue their currencies.
So in effect itll be a race to the botom, and in my opinion when thats all done with, and everything is just worthless in a few years, they'll just enact IMF SDR's or some digitally based global currency.
so hiding cash under the bed will do you no favours, physical precious metals are the way to go.
>> Yeh, my suspicion is that with the collapse of the dollar, other >>currencies, in a bid to remain competitive, will similarly adopt >>policies which would intentionally devalue their currencies.
ah ah, i dont think that's gonna happen!!!
i am almost dead sure, that FEW selected other countries will not follow the same route as the americans !!!
yeh i mean dont take it literally, but the majority of countries would be stupid enough, besides it'll bet you it'll be the strategy in order to bring in something new, something global.
actually, most countries are devaluing thier currency right now, especially China, to maintain an equitable trade balance, if the dollar and other dollar based currencys become to devalued, the chinese will lose massive amounts of trade due to thier products becoming unaffordable
Can we see this graph normalized against other currencies?
DavenH 1 year ago
NOT GOING TO HAPPEN SORRY WRONG
amcanmike 1 year ago
the manufacture-price of Gold is 4600 $ per ounce !!!
DerAdler2 1 year ago
The thing is: the rate of decline is more improtant than the amount of decline. The volatility is even more so. Average inflation from 1970 -> is about 5%/a, and that contained massive inflation during the oil-crisis in 1973 and the recession in 1979. Without these periods, inflation would be a quite steady 3%, which is ideal for stability and economic growth.
eshnajizzle 1 year ago
You said the decline of face value of the dollar by 90-something% shows how dangerous using the printing press is. Why does the loss of face value imply danger? What is the harm, if you also add the amount of dollars in circulation? The total value of the economy doesn't change, but the owning 1 dollar is less relevant than before.
eshnajizzle 1 year ago
So what you should be buying is a lot of debt at a fixed rate. That way, you can pay back in funny money and stick it to the banks.
nonsquid 2 years ago
people forget about the dollar!
it is ALL about what is after peak oil ! ! !
anglitoestebancito 2 years ago
where did you get your facts and information from?
queMEvezPUNTOcom 2 years ago
Wow he had such a hot voice... :-D I bet hes hot.
Dusty7280 2 years ago
LOL
Tis funny most people think I am from the UK. But no...I am an Aussie through and through.
myspacesecrets 2 years ago
Well I think it's cute either way. I'm from Florida so i don't have any accent darn it. lol, I cant wait for another post, I'll be waiting lol. :)
Dusty7280 2 years ago
thanks...I have been to florida, awesome clean friendly place.
Another update soon.
myspacesecrets 2 years ago
@Dusty7280
Shure you have, you just don't hear you own accent you american dummy
michelle15d 2 months ago
Good video. As I am sure you know...the banks have begun buying up precious metals like crazy...especially silver. I had been saving to begin my silver investment, and purchased this week about 850 oz...but it is becoming almost impossible to find! Every well known website is out of stock, or has a crazy minimum...and the coin shops are often empty as well. Not a good sign!.
MissNevada08 2 years ago
@myspacesecrets That is because most people don't think or pay attention to details. You have a quintessentially Australian accent of an educated person.
amerenio 1 year ago
I mean absolutely no offense by this comment, but if an Australian can see this then why cant all of us Americans? Again, absolutely no offense meant to our sister country Austrialia, but really, why are Americans the only people ignoring this when the rest of the world knows about it, and the dollar is not even their currency and yet they still know, but we dont? Do you see the problem with that? You live here, use the dollar every day, but have not noticed this? WAKE UP!!! NWO coming soon!
Auszie 2 years ago
Because Americans are so deluded at this point it's unreal. Freedom demands that we be vigilant; we have become complacent. And we elect spineless jelly fish as our leaders who don't have the guts to do what's right and tell us the truth. In the end Americans will have nobody to blame but themselves.
WeVoteRight 2 years ago
Absolutely right. But did you know that ALL 42 Presidents, aside from Lincoln and Kennedy, are direct descendants of French and English royalty? It's true, through Alfred the Great! Obama too! Lincoln and Kennedy were descendants of Irish Emperor Brian Boru. They were not one of these other spineless cowards, and that is EXACTLY why they were murdered. There has NEVER been a Democracy here, they only make it look like there is. The one with the most royal blood wins it... how it always has been.
Auszie 2 years ago
We were never meant to be a Democracy. It's called a constitutional republic, for better or worse. There is a difference.
mametz 2 years ago
Agree with you 100%! How they EVER managed to implement a Democracy, the very thing John Adams warned us against, even though it is UNCONSTITUTIONAL, is beyond me.
Then again, I do not recall being taught my Rights and Freedoms in school, so it really isn't all that shocking. Pretty sick...
Auszie 2 years ago
Even still, democracy rule by the people would be infinitely better than the corporate lobbyists that we have to deal with today. There are very few forms of government more disgusting than the corporatism (in my opinion).
However, I'm not an expert in politics.... I'm an engineer -_-
mametz 2 years ago
Democracy... while it lasts is more bloody than either aristocracy or monarchy. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There is never a democracy that did not commit suicide. - John Adams
I am pretty sure what we are experiencing today, is the system taking the sword and poising to slash us all in the throat. Rome made a big ass mistake, it let the Republic die and give rise to a Democracy. We are now doing the same. Just brace yourself for the fall.
Auszie 2 years ago
yeah most of us agree with you but when your too proud of your countries dollar you become blind of it ? the fact of the dollar declining doesnot been anything when you been brainwashed into belive the us dollar will never collapse from birth and you live in the worlds most powerfull economy ,which by the way is europe its gdp is bigger than usa , china i say number one economy by 2020
zakaslam1 2 years ago
You DO realize that the Dollar is the GLOBAL currency right? It is a little known fact, but in fact, the World Banks use the Dollar to back up other currencies especially within the United Kingdom and European Union as a whole - hard as that is to believe. If the Dollar collapses, THE WORLD ECONOMY COLLAPSES! It is NOT just going to screw us, it is going to screw you and EVERY OTHER "developed nation" whose currency runs off of the world banking system which uses our Dollar to back up your Euro!
Auszie 2 years ago
@Auszie
thats not what global currency means, you have it all wrong.
Only a few currencies are pegged to the dollar and a lot of those arent anymore now that they use the euro
OntologicalQuandary 2 years ago
The Euro is in worse shape than the dollar....International Corporations are not pegging themselves to the Euro.......
Jacobrester 2 years ago
@Jacobrester
Gold will skyrocket soon.
sweetpussygalore 2 years ago
Ive been hearing that for 25 years.....it can go up to $1700/ounce and it would only be a 50% gain from todays entry level.......stay with sliver....far less risk
Jacobrester 2 years ago
When the PRIVATELY OWNED "Federal Reserve" Banks seized control of OUR country's currency in 1913 after the depression that THEY ENGINEERED TO GET CONTROL, they did away with our gold standard under Nixon - the Dollar is backed by NOTHING, except for dept. It is not worth the paper it is printed on now. BUT, the Rothschild family integrated our Dollar as the world currency. This is known by very few people. So again, the Dollar goes, the WORLD goes. Get ready for the RFID Verichip Mark!
Auszie 2 years ago
its not all bad ! from choas will come order like in the past ! i bet the yen will dominate the world from the ashes and usa willbe a 2 dollar aday country , euro will be the second economy because they taken steps for the dollar collaspe and the americans no it ? oil rich nations decuss dumping dollar in barrels of oil along with russia , new currency shown by russain president in 2009 , strange think thou russia media repoert break up of usa in 2010 -2011
zakaslam1 2 years ago
Comment removed
HGSpaceTime 2 years ago
amazing.. anti-nwo conspiracy realists were right AGAIN!
kappy0405 2 years ago 2
Yeaaaaaa,who wants to see Amerika collapse? me me meeeeee.I am sick and tired of all the people with their fucken toys: RVs,harleys,boats and big ass houses.Fuckem, let the economy collapse.
Let the motha fuckers eat cake.
2320336 2 years ago
2320336... if you look up hater in the dictionary you will find a picture of yourself
987steel 2 years ago
If US Collapse, then most of the world will too. In 1944, The Bretton Woods Agreement was made where the International Monetary Fund (IMF) and World Bank was created. It made a global Federal Reserve System that made the US dollar the reserve currency of the world. It means most currencies world wide is backed by the US Dollar, but at that time US Dollar was backed by gold, today it's backed by nothing. US has sold its debt to China, Europe, and Japan. Bottom line: If US falls, the world falls.
ratzskinakie 2 years ago
I know all of this.I know everything that is going to happen.I have been doing study and research on the IMF,TLC,CFR,bilderberg,illuminati,NAFTA,GATT,world bank,WTO and so on for 20 years.I know the globalists want to get rid of everyone.I know the chip and the antichrist are right around the corner.The collapse of the U.S. has been a planned event for many many years.There are many different areas involving this plan.Just a little note,Iran is one of them.
2320336 2 years ago
so what your saying is that because you know all this,and based on your comment where I first responded too where you state, "Yeaaaaaa, who wants to see Amerika collapse? me me meeeeee.I am sick and tired of all the people with their fucken toys: RVs,harleys,boats and big ass houses.Fuckem, let the economy collapse. Let the motha fuckers eat cake."), that you're looking forward and excited about the world collapsing?
ratzskinakie 2 years ago
So, if you measure the Dow Jones from 1920 up to today, you'll find that the Dow Jones, relatively, is lower than it was in 1920. America, since your times of slavery, you have been getting poorer and poorer thanks to your fucked up bankers. Here's a problem. Take the day the Federal Reserve and IRS acts were passed into law (Dec 24, 1913 I think) And measure today's Dow with 1913 dollars. Ohhhhhhhh! You just got ripped!!!
FCKEVRY1 2 years ago
good clear and precise information. thanks!
Herbalpagan 2 years ago
cool thanks for watching.
myspacesecrets 2 years ago
And over the 76 years of declining USD value in the USA, the Standard of Living has EXPLODED - 99.9% of Americans have clean water, electricity, full public education, a mature infastructure of roads and bridges, the best military in the world, a national GDP equal to 25% of the entire planet, the greatest universities, the best hospitals, the most patents, maybe the least corrupt government, they have been to the moon, and Americans donate more then any other country.
not so bad.
FreeAgain2 2 years ago
You don't donate so much... in foreign aid measured in GDP
mjalloxxxx 2 years ago
at the expense of the rest of the world. raping it of its resources. causing third world countries to get poorer. not so bad huh?
nurbenji 2 years ago
Long live the Queen. :)
FreeAgain2 2 years ago
can we honestly say alot of that is on the decline now...
XxgoetfacexX 2 years ago
As a conservative - I would say most of the decline is based on the fact that the moral pillars that held society together have been badly damaged.
Example: 80% out of wed lock births for the african-american community points the way toward the decline in their community - low educational attainment, high drug use and high crime rates (go look at Inner city Detroit - about 24% get HS diplomas) Kill your unborn? Is that a family value, a community value?
Nope, it is a "me first" value.
FreeAgain2 2 years ago
smart money? that's an oxymoron. you can't equate intelligence to a reality that apparently lacks. smart people would never be fooled by what is forever flawed.
geniusofrenaissance 2 years ago
Maybe they will get away from all kinds of paper bearer bonds. DIGITAL ANGEL?
kinkymelon 2 years ago
A better investment than gold bullion will be lead bullets!
When the bottom finally falls out, bullets will get for you what bullion can't buy...
We need to change Washington DC - NOW!!!
(I've got some matches - heh heh)
DPS670950 2 years ago
yes i think i have that chart somewhere. Will brush up the image and post it if i find it.
myspacesecrets 2 years ago
Great Chart. If you include the 100 years before we went off the gold standard you will see an almost flat line purchasing power of the dollar except for temorary WW1 inflation.
YouWinForever 2 years ago
the"smart money" is already in gold. It is when the 'DUMB MONEY' public gets in that it will go higher and be time to sell
spoonman73 2 years ago
As people start taking physical possession of the gold and silver they 'own' in the comex, then at some point the comex will not be able to deliver someones bullion, and then the cat will be out of the bag,and gold and silver will rocket when everyone realizes how little there is in relation to current prices and alleged inventories,and the dollar will drop like a stone....and the percentage of owners asking for physical delivery is increasing
mlndstream 2 years ago
Although the sudden influx of $2 trillion into our economy from the stimulus packages is cause for concern because hyperinflation is a situation that we very much so want to avoid, the small rates of inflation are in fact necessary to keep our economy functioning.
caboose908 2 years ago
42 Trillion=Quantatavive easing=Inflation.
The gov't is keeping the economy fuctioning temporarily.
buzzz1213 2 years ago
If deflation were to happen, that is the dollar were to get more valuable, consumers would tend to hold on to their money as opposed to spending it because holding on to their money would increase their purchasing power. This would be a dangerous situation for our economy because the flow of goods and services would slow down dramatically. Businesses would not be able to remain profitable as they would have fewer people buying their goods.
caboose908 2 years ago
You are a genius! You just summed up exactly whats happening!
buzzz1213 2 years ago
Many people think that inflation is a bad thing, however this is not the case. A small but constant rate of inflation decreases consumer's tendency to hold on to their money since they won't gain as much by saving it. This is actually a good thing because it keeps consumers buying goods and services so that businesses can continue to produce and remain profitable. The businesses can then in turn pay employees who will turn around and buy more goods and services.
caboose908 2 years ago
gold prices rising and dollar falling
ZionistCensorship 2 years ago 2
I didnt belive MSS in regards to this swine flu thing and the dollar...but look at what is happening. insanity.
My cousin now has contracted swine flu, and this looks like its gunna get worse down the track....
thanks for keeping us two steps ahead of everyone mss.
igotflickedoff 2 years ago 14
Look into MMS (miracle mineral supplement) to cure Swine flu
fox20012 2 years ago
Despite all the core issues the markets are still rising and could move to 10000-10500 by summers end. You can not fight the trend!
taineasy 2 years ago
awesome i cant wait till your next update.
when is your next vid mr Myspace??
illuminatikey 2 years ago 4
Also I read that China is controlling its currency and other countries are complaining about it. Why are they doing this? Thanks....
Catchetat 2 years ago 3
Why wouldn't china do it?
ZionistCensorship 2 years ago
Hi all. I don't really understand why the USD currency exchange is dropping.... Also, with its currency dropping doesn't it make the US export industry boom because more people can afford US products? Why did roosevelt ban the US ppl to keep gold? Thanks!
Catchetat 2 years ago
That would be good if the U.S. actually made anything besides cars and weapons systems. Like peter Schiff said in "Crash Proof", the U.S. will send cars to China (China just purchased Hummer) and China will send bicycles to the U.S. Maybe the U.S. will be the future outsourcing destination of the world after we learn to speak Mandarin.
YouWinForever 2 years ago
No, the US is the old sweatshop of the world (British Empire, French Empire ect) it got ritch and bailed out the people who bought them.
Now Chinas the sweatshop.... and this happened originaly with the rise of the British Empire with regards to the Spanish Empire.
This has all happened many times before.
I will happen many times again.
Strettger 2 years ago
yes its sad. I feel this swine flu epedemic will turn nasty at the end of this year / start of next year.
Hope I am wrong but!!!
myspacesecrets 2 years ago
wow I see that swine flu vid of yours.
You are right again....I see aussies are getting hit hard by the swine flu at the moment. Looks like you might be correct on that as well.
bigelkhorn 2 years ago 2
"The U.S. dollar is coming apart at the seams. Crisis hedges like gold and silver are on fire. GM is going broke. THE HANDWRITING IS ON THE WALL! " M. Weiss
marketwatch101 2 years ago 2
yup totally agree here.
myspacesecrets 2 years ago
Based on what value in the graph axis? and how does this relate to all(major) currencies. It's easy to see the huge house price difference from North America to Europe. I don't know if it's the same in Australia. Houses in Dublin are 1/2 million Canadian Dollars to start. If the dollar has declined so much why is my house only 150kCDN.Agree, numbers indicate decline, hope for d best, plan for d worst. Is the Us dollar just being used to issue a decline in currency to move the IMf into position.
BLynchCAN 2 years ago
The problem is that there has been a flood of US dollars into Brazil markets.
The interest rates here is very high. We pay 150% a year in interest rates to credit cards and we work more than five months for free a year just pay taxes to the government.
The interest rates the gov pay to banks is about 11% a year. The Spread is the biggest in the world. Interest rates are the biggest in the world.
This explains the capital flow into Brazil.
It's speculation sthg the gov is trying to stop.
monicamir 2 years ago
The dollar is losing value against the real, Brazilian currency for quite sometime. Interesting thing is that Brzil's inflation is bigger than USA's. I always thought there was sthg wrong going on. Or our inflation was wrong or USA inflation was wrong.
Now the dollar is falling more and the chair of central bank has bought dollars to prevent the fall to no avail.
Today he announced a new policy to stop the dollar from falling against real.
The man looks a little nervous lateley.
monicamir 2 years ago
I understand that the USD will fall sharply. My question is what about the Australian Dollar? And Yen? Yuan? They all gonna lose their purchasing power after the USD collapsed?
b00lb00l 2 years ago
What if they all really improve because the economies there deflate?
AM429 2 years ago
I should probably say we're in a depression.
depression is when the world loses 10% of its money
we lost 45%
09darjac 2 years ago
I'm curious. How do you sell gold once you have it?
DoctorMeh 2 years ago
You wait for the collapse...it will be the only true currency left.
09darjac 2 years ago
well that and silver...oil.... ect
FriendOregon 2 years ago
hey dummy! go back and have a look at myspace vids. His been 99% spot on with all of this...
and no one said the USD will crash over night.
igotflickedoff 2 years ago 3
To all of those who think the USD is on the verge of collapse, then go ahead and short it. You will soon realize that you may be wrong....again. USD cycles and it is currently in a long term (7-8 yr) BULL cycle. How do I know this? check T-Bill yields. When interest rates start to rise, USD will soon follow, just like it did last july.
ozziindaus 2 years ago
ha ha...yeah right dummy. We all know its just a matter of time.
Lets wait and watch!!
igotflickedoff 2 years ago
Dummy?? Relax OK. No one can really predict what's about to happen with the USD. This is a little more complicated than PowerPoint Economics.
ozziindaus 2 years ago
wow, thanks myspace.
Gtiapr3, your a very smart man.
igotflickedoff 2 years ago
I seem to order more and more silver every time I watch your videos.
gtiapr3 2 years ago 3
here is the best tip I will give in here.
Switch off Bloomberg!!!
myspacesecrets 2 years ago
According to Bloomberg today 74% of real economists sat we will be OUT of this recession by the third quarter.
taineasy 2 years ago 2
they said that twice last year. now look what happened?
09darjac 2 years ago
Bull. There was a huge debate about whether we were even in a recession.
DoctorMeh 2 years ago
And evidently we are.
09darjac 2 years ago
and you're and idiot with something terribly wrong with them as your "truth about kikes" videos denote
DoctorMeh 2 years ago
engrish pwease?
09darjac 2 years ago
09darjac: Your videos are distilled racist bigotry and horse shit.
DoctorMeh 2 years ago
Bigotry has nothing to do with racism. And my videos are realism. Unfortunately people like you just find it hard to swallow the truth. Oh well GL in life.
09darjac 2 years ago
With due respect.
Why not take your argument to HIS site for the sake of relevence to MSS?
deckchairs1 2 years ago
These economists as well as most people are in denial the reality is too painful to think about and so they have to be optomistic.
Real academics have been wrong more times than right, They failed Fred Smith on his thesis for starting Fedex!
buzzz1213 2 years ago
Thank you
CelticReject 2 years ago
In the financial arena, human behavior is predictable. The reason is simple: people usually respond to money in a few common ways.
In fact, looking at a graph of market price history, the highs and lows are really a graphic representation of human desires and fears in action.
Market sentiment constantly swings between optimism and pessimism; so there is an ever-present opportunity to capitalize on crowd behavior.
Youtube sites reflect this crowd mentality and this one is no different.
marketwatch101 2 years ago
where is your report myspace on this flu thing. Someone said it was excellent...is there somewhere I can download it.
bigelkhorn 2 years ago
thnx for the posts myspace. this sort of information has already been out there for years but its good that alot of ppl have not seen it before. The likes of Gerald Celente, Bob Chapman, Peter Schiff all hold similiar views. How about informing the Australian viewers/public on your trends forecasts for Australia? something closer to home? Thnx
jongie69 2 years ago
Great post MySpace. Hope you are doing well.
andrewebisu 2 years ago
thx andrew, yes, hope things are good for you alos.
myspacesecrets 2 years ago
haha. "HIGHLY SERIOUS!". Nice one.
basilandzuma 2 years ago
the aussie dollar is toast also . i mean cmon its even got the queens head on it... jsut another fiat B.O.E run currency
COUNTCARDULAR 2 years ago
There are many things to come. This is just part of it. I value everyones opinion.... if you agree with me thats fine, if not, thats ok too.
myspacesecrets 2 years ago
Comment removed
dudebud007 2 years ago
you are getting a free ride carried on the back of china.
scorpiusaries 2 years ago
The United States will not allow the dollar to collapse. It would be WW3 before that ever happened.
chupiperea 2 years ago
Yes, they will allow it to collapse. It's called a poison pill strategy. Google it. Second, the end of the world is not here. The only thing that is going to happen, outside of people freaking out, is the USD will look like the JPY.
TheTopBloke 2 years ago
looking at inverse chart of inflation
NEXT!!!
debreasystems 2 years ago
that was a good one i never luaghed like that before... haha [= ... i like this one ... what made you want to do that?
chick5581 2 years ago
Would the Euro be insulated from this to a certain extent? I have noticed some online business beginning to trade in Euro's instead of USD's
celshader 2 years ago
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frosty4700 2 years ago
wow myspace, i remember you saying this would happen years ago and people laughed in your face.
Your amazing my good man. Please dont stop posting your predictions. I made $5000 on silver. Thanks man...you rock!!
bigelkhorn 2 years ago 2
Gold over 960 US Dollar Below 80 today.
hmmmm things are getting interesting....hmmm
myspacesecrets 2 years ago
You're video answers where all the inflation has been all the time. Not very many are going to be shown charts like these. The wealth effect will erode as the ceiling continues to fall on the Dollar. so the printing press does have a corrosive impact on our purchasing power, they have softened the crash but it is ongoing and when it lets go, maybe because of an unexpected global event (widespread war or severe conflict), the dollar may have to take the back seat and enjoy the ride.
curiousEGM 2 years ago
Im not to sure about gold been a safe haven, it might be for a while, but not for long. IMF are talking of selling all thier gold to raise money. Maybee they are wating till it reaches $2000
brettrobson1984 2 years ago
what do you propose as alternatives anyway?
valleroth 2 years ago
You are spot on again. Top vid mate 5*
PlatinumGordon 2 years ago
we will see how this plays out. Lots of crazy action happening lately. Im up late nights watching.
myspacesecrets 2 years ago
Most gold reserves are held by the us,as soon as china starts trying to buy it in large amounts up goes the price..and if they keep on buying it ..they will be paying the us governments debt off...bummer isn't it.
scorpiusaries 2 years ago
assuming they dont try to buy other bonds to annoy america
charlie4114 2 years ago
Everything is relative. When I was a kid, minimum wage was 55 cents an hour. Gold going from 900 to 1000 is no different that a $9 stock going to $10. Big Deal.
marketwatch101 2 years ago 2
Well according to the BLS inflation calculator,one dollar in 1932 ( start of the Depression) has the same purchasing power as $15.56 today...I'd say that's a great deal of inflation!
Buckhead1959 2 years ago
I always look forward to you videos...thanks for your videos..
centervilletn 2 years ago 2
nice and depressing! thanks for the charts.
centervilletn 2 years ago
Here's what I don't understand on your chart. Back in 1930's wages were barely anything. Wasn't minimum wage 12 cents an hour?
Most fast food places will pay $8.50 an hour... Just going off your chart. Chart question only.
The massive amount of money printed will cause a QUICK slump on that chart.
crasster1 2 years ago
I don't know how much of this data is available, but could you overlay the price of gold in dollars, the M3 money supply (estimated for the past few years), and the American median income? Just curious.
certron 2 years ago
this is a great idea and i do this all the time.
Pretty interesting, might add it in another video. Can get boring but...LOL
myspacesecrets 2 years ago
well sounds like you didn't get the memo
IMF is creating a new gold (((A CARD))) one card is worth $20,000 , major countries will get trade exchange of 10-1 others will be 60-1, 75-1 ,
Gold metal will not be used for (((NOTHING))) but jewelry
Its their game and you will not win with yellow gold
those days are over In 143 days you will see
freepress666 2 years ago
It may be so but you can always sell your "physical Gold/Silver" for any currency in the future. Easily sold on Ebay. Check out auctions for 1 oz Gold coins. Selling at over $1K in USD each right now, today. So GOLD/SILVER is always a great store of wealth able to be sold or traded at some future time.
KarlBrkr 2 years ago
I am GOB SMACKED at the fighting here...LOL
Got that from Susan Boyle
rocksiphone 2 years ago
Spot-ON!
RobBryan206 2 years ago
thanks again, mss. A great presentation. Wish I had some of these dollars so I can be robbed while purchasing gold ;)
DropThought 2 years ago 2
yea and they keep this first home owners grant going propping up of the market :(. But compared to the usa australia is in great shape.
charlie4114 2 years ago
possum no country here is going to be well off. Here in OZ we are in trouble too.
And yes other currencies will suffer down the track too. But I dont see that with the aussie dollar.
myspacesecrets 2 years ago
Who would have thought a few years ago that the Aussie dollar would be a safe haven?
A sign of the times....no offense mate.
Peridolin 2 years ago
No, you just have to pay attention. It's not magic.
TheTopBloke 2 years ago
It's not magic?
Wow, really?
Peridolin 2 years ago
joe biden is a fucking goof !!
dudebud007 2 years ago
Thank you for the information and commentary! We are truly in trouble here in the states!
POSSUMTOHIDE 2 years ago 3
Arnold just got his propsitions shoved back up his ass..
Say BK to calif.
killed by the Public unions ..Thanks Heroes
aceyorba 2 years ago 2
where's the audio haven't been able to listen to your posts for the last couple of days or so
portableversion 2 years ago
bbrg just reported the dollar just dropped to a 4 month low. Analysts at Nemura, Kokusai and the bank of Tokyo-Mitsubishi are trimming their holdings in US Bonds and Dollars.
OBama is going to give us a reason for another bailout and the Federal Reserve interest rate is as low as it can get. They're trying to do this.
Still waiting for a hostile takeover by China.
therealcaptobvious 2 years ago 3
Thanks for the vid MSS
PerfectFuNK 2 years ago 2
thank you for taking the time to put this out
soeasypls 2 years ago 2
Great information as always MSS, It amazes me how some people think that hyperinflation is an impossibility. If the currency becomes worthless as it is doing and as I have explained to wrinkles1931 then what other choice is there?
fishingthewatershed 2 years ago 2
thx for taking the time to do this video.
5* and favorited :)
visionvictory 2 years ago
yuppo we are fucked.
odin422 2 years ago 6
I believe inflation will take it's toll. What I was wondering is if your chart was based on the purchaseing power of real goods or if it was realative to purchaseing gold?
curtly99 2 years ago
Amazing video!!! Thanks!
fal2grace 2 years ago
cooool thanks fal.
myspacesecrets 2 years ago
Inflation, the hidden tax EVERYONE pays except the bankers.
awells88 2 years ago 2
Thanks for the video.
rocksiphone 2 years ago
still one of my favorite :D
sbmillionair 2 years ago
so will we be expecting a revolution in the next few years?
NoesisNRG 2 years ago
Man, your voice puts me in a good mood. Not sure if it's the pitch, tone, whatever... but it has a natural lyrical quality. I played Warcraft with another guy with a similar sounding manner of speaking and he was an elementary school teacher for a while. He could assuage the nastiest of arguments between others in minutes. Ever consider a job in radio? Good vid, btw.
lightleague 2 years ago
appears when the Stock market goes down, Dollar strgnthens? as people flock to 'safe haven' cash. with assumption DOW will plummet,
when wil this relationship of DOW/DOLLAR end,
When will the Dollar lose value as the DOW also does???
Have yet to see it, My rather primitive observation, thats all.
chromedreamz 2 years ago
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pauline404 2 years ago
Hyperinflation will not happen (in our lifetimes) -Yes Its gonna get ugly with High inflation,among other things
It takes a lot of things to occur for H.I, We will have WW3 first, which i anticipate
chromedreamz 2 years ago
The Black Pope.
lostinthemix 2 years ago
Well, looks like gold and hemp is the currency of the future hehe... That and food, of course.
5to22a 2 years ago
Back in New York in the 1980s, I was able to feed two people for a whole week for 40 USD, easily. Yet, in some ways, I find my money gets MORE than it did.
This is all very interesting.
Thank you for posting. Very provocative channel. Best to you!
Greetings from France.
slobomotion 2 years ago
Thanx Myspace, you put out some very good info. peace Norm
lostinthemix 2 years ago 2
Thyanks as always much appreciated for everything. Solid.
capcom101you 2 years ago 2
Hi capcom my friend. Thanks for taking time to watch.
Cheers
myspace.
myspacesecrets 2 years ago
Thanks Myspacesecrets!!
ChrmdLabradorite 2 years ago 2
thanks for the vids:)
jsphbjmn 2 years ago 2
with the collapse of the us dollar,will the other currencies have to devaluate aswell?
howzitmun 2 years ago
Yeh, my suspicion is that with the collapse of the dollar, other currencies, in a bid to remain competitive, will similarly adopt policies which would intentionally devalue their currencies.
So in effect itll be a race to the botom, and in my opinion when thats all done with, and everything is just worthless in a few years, they'll just enact IMF SDR's or some digitally based global currency.
so hiding cash under the bed will do you no favours, physical precious metals are the way to go.
PayChkSlaveRebellion 2 years ago 6
>> Yeh, my suspicion is that with the collapse of the dollar, other >>currencies, in a bid to remain competitive, will similarly adopt >>policies which would intentionally devalue their currencies.
ah ah, i dont think that's gonna happen!!!
i am almost dead sure, that FEW selected other countries will not follow the same route as the americans !!!
dudebud007 2 years ago
yeh i mean dont take it literally, but the majority of countries would be stupid enough, besides it'll bet you it'll be the strategy in order to bring in something new, something global.
PayChkSlaveRebellion 2 years ago
actually, most countries are devaluing thier currency right now, especially China, to maintain an equitable trade balance, if the dollar and other dollar based currencys become to devalued, the chinese will lose massive amounts of trade due to thier products becoming unaffordable
wrinkles1931 2 years ago
Ha,that makes the playing field more competitive..game on .
scorpiusaries 2 years ago
It's been happening.....the dollar is worth more today against the yuan than it was on January 1st, even after printing another 2 trillion or so.....
darkcloud2211 2 years ago 2
the yuan is another piece of shit currency....take a look at canadian and australian dollar, swiss franc, euro
all those are UP 10-30% next to the useless US dollar
dudebud007