Real Economic Talk: Oil, Gold, War and Presidency (from Ketchikan, AK)

[out2gtme]

Oil is not as stable as the dollar even, unless you bury the Gold and loose the map, it ain't going anywhere. one day there will be no oil !

[LarryMReed]

He was making a good aurgument until the oil instead of gold comment. While the dollar was hooked to Gold it held it's value much better when we went off the Gold standard the value of the dollat has steadily declined while Gold has climbed.

[seks03]

good video, I like to see what others regular people are thinking

[christo930]

If we are going to anchor the dollar to anything like that it should be the KWH, not oil. You can convert oil into KWHs and you can convert NG into KWHs. So you have the big 3 (oil gas and electricity) being represented as Kilowatt hours (KWHs). Gold is really useless, as to where energy is the driving force in the modern world. We can live without gold, but you can't live without energy (well, you could but not the way we have set up our world). So it's best to use KWHs.

[Erbstank]

2009 + 5 yrs is 2014 not 2013, and not getting simple math right is not an encouraging start for any argument. .. sorry

[TheConstitutionMan]

Oil, Gold, Silver, Other forms of minerals have all been debated for use of currency backing. All have various pluses and minuses. Gold, I think, is not the best commodity to use. But I'm not in a position to set the standard.

[1989kirby]

i like to measure wealth in ''man power''. or the ability to create or mine or do something.

Gold and dollars are just representations of man power.

[elgringote3]

seemed like he had his stuff together till the hyperinflation question. Gold is the standard

[1989kirby]

he seemed smart until that. Gold has been steadily increasing for a century. Demcad should have argued more.

[AminCad]

Gold was NOT higher in the 70's. The highest it was before 2000 was $600 in 1980. Today it's over $900.

The dollar always loses its value. All fiat currencies continue losing value.

[TheInvincibleHERPO]

dang david and golliath you dwarf that dude demcad!!!

[AllahConsciousness]

Oil is more intrinsically valuable than gold, but gold doesn't poof into gasses when you burn it. Oil is temporary, but gold will be around for quite some time to come. Therefore, gold is a better standard of wealth to own in the long term. Oil will be very scarce in the next 100 years for sure.

[quicktripgas]

Good Interview demcad. I like his views.

[gow75]

ok first thing if countries start trading with another currency than ours they are basically going to hang themselves as well us our country that is not viable to any country.

[cowboycarl04]

Didn't know if you knew this, but Iraq tried to start an oil exchange in euros based out of the middle east about 3 months before the invasion.

Iran and Russia were in talks to do this as well before the oil bubble burst.

I don't talk conspiracy because I only deal in facts, but we are so caught up in wealth andn greed, I actually hope other exchanges around the world will start trading in other currencies bedies USD.

We are the one world currency...

[rogueartist2008]

Oils availability is manipulated to hike prices through the roof for profit, or bankrupt opec countries when needed, but gold... ahh harder to manipulate because its naturally scarce commodity, unlike oil, and commeners can get there hands on it and hoard it for wealth protection. So yeah dollar should be priced in the more stable commodity which is gold.

[BabyHominid]

The biggest reason that OPEC hasn't gone over to the euro is that there aren't enough euros in circulation yet. The dollar has been pumped out of the US for long enough to have this edge over the Euro.

[FrancisPayne]

this guys is just not knowledgable...how can NAFTA be good for USA, how can USA not be like Germany after WWI,..this is how most people think...pity. Wake up mr. Man.

[Seantherad]

Your point is made in either. Oil or gold.gold from 300 to 889.oil from 20 to 140. the value of the dollar goes down.

[freightmaster2]

Carro flag enterprises ? No wonder he wants a NAU. Its good for his flag business!

[freightmaster2]

This guy is a traitor to America! NAFTA and the NAU are why we are in this mess. This guy wants to throw in the towel and throw out the Constitution !!!!!!! Steer clear of people like this!

[jehnubis]

Hey, Dem...I say you move on to the next man....Stop hangin around this guy, Dem. This guy is a total douche, he supports NAFTA, the North American Union, globalism, and the "Amero!" He supports the government printing "trillions of dollars." I can't believe he said that its OK, for the "federal reserve" to print trillions of dollars. He backs that up by saying, "we have always done it in the past."

You know more than this guy Dem!

[gow75]

your an idiot, why dont you listen carefully to what he said.

[DEMCAD]

I interviewed him, because he's a businessman. My interviews took place on one day. He's a nice guy, but I don't agree with him on everything. In fact, I maybe interviewing a lot of people that I don't agree with.

[simplewhimsy]

See, this is a sign of good journalism. You're not trying to censor views or to trot out your own opinion, but just show the local flavors. This is why I enjoy watching your stuff. :) You leave it up to your viewers, and I really respect that.

[mikejulee]

wow man your huge !!!

[veritasfiles]

I'm gonna guess that the little guy is about 5'7" and Reginald is something like 6'3" or 6'4". I wonder if you'll tell us?

[DEMCAD]

I'm only 6'2", but my boots make me look taller.

[jackwwarwick]

I agree that oil runs the world right now, wichever currency OPEC decides to accept vwill have value. Gold is great for storing wealth because it will always have value, and be around after the oil is gone. During grubby times anything of value will be used as currency, such as bullets and cigarettes.

[deltaman109]

not to get off the subject but u make that guy look like a little kid,how tall are u?.

[JCSY44]

A little break from the downturn if your a b-ball fan. Join my tourney pickem group.

Groupname: Youtube doomsdayers

Password: Schiff

[2WickedJester2]

Shes a bad mama jama

Just as fine as she can be, hey

Shes a bad mama jama, oh

Just as fine as she can be

Looks like shes poured into the gold, she bad

The essence of beauty, ooh, such lovely hair

Shes foxy, classy, oh, sexy, sassy

Shes heavenly, a treat for the eye to see

[hermbilliamherm18]

actually, Russia is about to join OPEC and the only terms that they will join on is if oil can be sold in more than one currency (aka the euro)! So when the Russia joins and the euro is accepted china will drop the dollar (hopefully slowly so we dont see a collapse due to defaulting on the debt immediately)

[hermbilliamherm18]

how tall are you bud? I think the dollar should be priced in gold like it always has! However, there is now less silver available than gold so we may see a switch there.

[vdveindhoven]

yes historical patrons...... mmmm does america have any history :-)

and in history they always.... yes always used the biggest weapens they have....

mmmm those nukes are sooo powerfull

is it scare/fear monitoring.... i think not...

it's a lesson we'll never learn, so shame on us

like always you post great vids and fair talk about the time and situation we all are in........ tnx for that

[aceyorba]

don't forget BofA, AM Trak and the Very Profitable Post Office

[WakeUpNow2012]

the govt owning everything is communist he says??? hahahahahah LOOK AT THE UNITED STATES!!! THEY OWN AIG,CITI,CHASE,FANNIE AND FREDDIE, etc....

[siggyboss]

Decades of rolling peaks and valleys? This man believes overall there hasn't been a change in the purchasing power of US Dollars. Complete nonsense - even the Federal government or Federal Reserves show a 90% drop since 1913.

[lyndonb]

This guy is a traitor and he is supporting treason. Band together with Canada wtf that's nwo talk, watch him. He might be a small order mason.

[johnwilsonriley]

I really don't get why This fellow thinks Canadians would go for the North American Union. Mexico is down and out, the US is going down the crapper really fast. There wouldn't be any benefit to Canada forming this Union. It would be suicide to link our dollar to the Peso and the US dollar. When China stops propping up the dollar, Americans are going to have to pay back the trillions of dollars owed plus interest with a defunct economy. With a linked dollar, Canadians would go down with the US.

[bufforilla]

Hate to say it, But as intwined as Canada is with the USA your going to be going down whether your currency is pegged to the Dollar or not. So Sorry!!!

[JCSY44]

Are you like 6'6" or is that dude just tiny?

[itowedin]

I was extraordinarily impressed with this guy. He's on it. No ambiguity here. Straight fact. I appreciated that he didn't speculate on what the future holds. That tells me he's intuitive enough to recognize trends, and as a business owner he sees turbulent policies not likely to regulate in the near future. He's also smart enough to know his history and realize things will regulate. Great dude.

[markymarkuss777]

this guy is somewhat smart, but he needs a little more education, he doesn't seem to think that Hyper-inflation is a real threat. He needs to listen to Pastor Lindsey Williams

[xjaronx]

how tall are you Reginald?

[endlessmountain]

In all tangable assets. Gold and silver are forms of assets, but Zeitgesit Movement talks about a resource based economy which makes a lot of sense, especially if it follows my prediction of the upcoming barter system which Gold and silver would be part of the barting. But trading eggs for wheat. Pain Killers for Silver, Oil for Apparel. Gold for Farming Equip (you get the idea)

Why did you have the coat on? I know its cold where you are, but for the time the camera is on, you dont need it

[morethan20]

Like the videos demcad, ignore the neg people, keep them coming

[stshell]

hey demcad if anchorage ever has a football team you should try out lol.. hey jk man seriously you have great vids and good to hear some thoughts from fellow patriots in alaska.

[BrodyLuv2]

I see that Nanotechnology is a big part in all this...Due to Nanotech we,as Working Humans,are now surplus to requirements.

I see that as a factor in this BS.

Peace.

[centervilletn]

The "futurist" magazine has for the last 7 or 8 years discussed the coming "nano age"...this is the first comment ive read concerning it...interesting...comment....

[magi55]

That guy you found really had it figured out :)

He should write his stuff down and put it on the web.

Magi

[imitator777]

great interview by the way, great question too makes me wonder....

[BrodyLuv2]

Dont wonder on that one to much...Oil is run by Mafia sytle Cartels.

[RetardedAdult]

the mafia never existed, it was a myth. now shudda ya face

[Travinyle1]

Good interview refreshing to see someone that knows something

[imitator777]

damn youre really tall man, you look like you're about to swallow that guy!!! lol

[centervilletn]

I must apologize to the Abominable Snow man...I always assumed he was white. :)

[youratm]

What this guy is saying is Happening.... right NOW

[qminusis]

A real good interview ! Please continue. It is important for us foreigners to hear independent opinions out of your country.

Thanks.

[gigsupusa]

Gold is man's ancient currency. Historically, it is protector of wealth during periods of currency debasement. Oil is a commodity plain and simple and is subject to the laws of supply and demand.