Economic Update - February 4, 2010

[screenwriterOscar]

It's true... People screwed up the whole economic system by spreading greed, fascism, socialism in America. American's consitution is unreconzable. Few of politicans quits. They oversaw budget crisis.

[ebaltrace]

Dear Endless,

Bottom line....what should I do with my money?

Ebal the Atheist

[loai050]

Looking good Derek, let the hair grow.

[bukeye1981]

hey pete Townshend! actually thats all i wanted to say

[shatteek]

Wow Endless, you put an interesting spin on the falling commodities. Countries are no different then individuals, they have to sell off real assets to pay off creditors. Thanks again for great vid.

[rbito65]

Where is inscription Silver 1oz =1000 usd

?

[rollsthepaul]

Increasing the debt is only a short term solution to maintain stability. Another 10-15 years will allow the US to start reducing it's debt which will occur over about 20 years and then all of our problems will be solved. I'm so happy everything is so well under control. Everyone should be confident; who knows, you may be able to afford a new sleeping bag for your car.

[cosmicguerilla1]

don't cut your hair , it looks cool dude

[donniebrasco24]

pure manipulation!!!!

[Djelomou]

time for a haircut again :) damn your hair are growing fast...wish I could say the same

[jimbobubbadj]

When enough people want delivery of physical silver and gold for their junk paper silver and gold all hell will break lose.

[NibiruMagick2012]

thanks*****

[yaplonglong]

Lloyd is a f... pig, he pockets 100 mill while the rest of the world suffer!

[overlookedemail]

Pro athletes make too much money. Just kinda seems fake.

[Peter4101]

You have the "solar darkness"(as i call it) were you live for a week or so or more? Because i know in Alaska it happends in some places every now and again. Just out of wondering about it.

[geminijohn]

you should put up your silver affirmation again so that everyone seeing it is able to put energy into it again.

[ABETRMAN]

Five Stars *****

Derek that was great never heard it put that way .

the dollar is debt and because of debt we must go to the safe haven of debt!

Obama/Bernankey finance 101

(NOT)

[magbigblock]

I don't know how people think the dollar is a safe haven. I'm not rich, but have some physical silver. This is one metal that has multiple uses and is being used up. I will keep mine until forced to spend it. It will never become worthless like "paper". That was a very good vid Derik.

[aw3212]

the fact that Lloyd Blancheck, as I call him, is getting $100,000,000 is an absolute disgrace. All the unemployed people in our country, the fact that they stole $20 billion plus from the tax payer and was given God only knows what from the Fed and this guy gets that kind of bonus. I would surround myself with armed guards if I was him cuz eventually someone (no this is not a threat from me) is going to go balistic!

[ManWereScrewed]

Remember what youve heard and researched. Our world is ran by the Corporate Cartels. Inherently they are corrupt. Whether we like it our not we are Wage Slaves. TZM is truth.

[jat4209]

hey your voice sounds normal now.

another sign of 2012??

heh.

[bitchimastartv]

Feb 11

[aw3212]

what about it?

[horsehorsehorse400]

What will happen if Iran deciides not to use the dollar.......I dont care what Silver drops to...........I know it will skyrocket eventually

[ardizd]

they unload alright, but they unload 'PAPER' NOT "PHYSICAL" gold. CRIMEX AND LBMA WILL GO BROKE IN THE NEXT FEW MONTHS DUE TO DELIVERY SHORTAGES.

[aw3212]

people have been saying that for three years now. I do agree that paper gold could become worthless, just not so soon.

[apelove4u]

Short all rallies for the the year. Deflation is the monster for this year.

[huskie767]

@apelove4u

Concur!!

[JustLiveITtv]

Silver Bounce @ 14.50 ish?

BC Olympics may change some things....

Time will tell

I do agree with ya, Dow at 4500..

[convertvettejff]

you are trying to predict something that has never happened before in most of our lifetimes or you were just a kid wearing a potato sack. And at the same time the news you hear from almost anywhere is not trustworthy or has someone else saying the exact opposite. All I can tell you is it is not going to be good. When I don't know!

[chromedreamz]

im sellin all my gold...why not just buy the DOW..its the same....DOW down...GOLD down..silver down...DOW up..Gold up...simple...its all one...unless SHTF..which it wont...bullshit

[jimbobubbadj]

chrome, When enough people want delivery of physical silver and gold for their junk paper silver and gold all hell will break lose.

[Eraser7622]

You look relaxed Derek.. I think this temperament fits you well. Namaste.

[Astrocreep69]

So when is the dollar going to 'crash' and 'hyperinflation' going to ravage the US?

Oh yea after deflation... years from now... when none of us will be on youtube to listen to these silly predictions....right....

[anamericanstory]

You need to get out once in a while mountain!

[PayChkSlaveRebellion]

I am without a doubt, a manic gold bug, but everything has its time and place.

Check out Ronald Rosens forecasts for Gold and the Dollar, he uses Delta Timeing theory.

Check out what Bob Prector of Elliot Wave Theory says; in short DEFLATION FIRST, then INFLATION.

The thought of the both mentioned above is Gold: $650, Silver; below $8 and the Dollar is to rally; 90 -110

peace

[chromedreamz]

perhaps i should sell my Peter schiff stocks :) ...wonder what he has to say about this

[TheLiddlekiddle]

Yeah, they have to get all their bonus money while cash is king!

[TheLiddlekiddle]

Big Time MANIPULATED! It's like Burnard Madoff all jacked up on red bull and coke running the show...

[KnowledgeDriven]

@TheLiddlekiddle: bernie jacked up on red bull and coke! great analogy!

however, i think we've digressed further...

bernie is now taking the coke and cooking it to crack; combined with the red bull, when he's peakin out, all he wants is more crack now and thus steals anything in sight to obtain more crack from the (Fed) dealer.

[xXU2BerXx]

ROFLMAO!!! ;-D +1