he's right. An ounce of gold buys you about the same amount of oil today as it did in 1945. The price of oil in terms of gold hasn't really gone up. If you owned an ounce of gold in 1950 you could pretty much buy the same amount of goods and services as you can today in 2012. With all the money printing that has gone on over the past few decades, the price of oil in terms of the US Dollar has gone up.
Probably the dumbest man I've ever listen to. Stuck in the illusion like all the greediest that want things for nothing, they call it 'investing'. Money like gold does not reproduce, dead entities to control the dead minds. Interest is nothing lest than a big fraud perpetuated by greed, laziness, selfishness, just pure evil.
@theIAMwithin Welcome to the 21st century you dirty hippie, now go take a bath, and think where that warm water is coming from, who built the pipes, and the walls and roof of your home - it was all motivated by profit, powered by capitalism, you are one dumb and annoying OWS economically illiterate asshole.
@theIAMwithin So how is a bank supposed to stay in business if it doesn't charge interest? There is a big difference in a bank charging interest for money it actually loans out from investments and savings. It's a crime when they loan money at interest they got from the Fed that created it out of thin air.
Nixon took us off the gold standard and Reagan destroyed the country with the trickle down voodoo Bush crime wave, and selling out the country to slave states.Ron Paul is still sucking Reagan's dried up nutsack!@
If going back to the gold standard now makes sense to you, know that Ron Paul is the only presidential candidate that wants to do so, vote for Ron Paul in 2012 !
Who is this man? Get him in office
GabeHudson16 2 days ago
Ben Bernanke and every Federal Reserve Chairman should be required to listen to this history lesson that they know nothing about
CJStew06 2 weeks ago
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he's right. An ounce of gold buys you about the same amount of oil today as it did in 1945. The price of oil in terms of gold hasn't really gone up. If you owned an ounce of gold in 1950 you could pretty much buy the same amount of goods and services as you can today in 2012. With all the money printing that has gone on over the past few decades, the price of oil in terms of the US Dollar has gone up.
Visualsilva 4 weeks ago
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Visualsilva 4 weeks ago
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Visualsilva 4 weeks ago
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Visualsilva 4 weeks ago
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MrSilvergoldsilver 2 months ago
Probably the dumbest man I've ever listen to. Stuck in the illusion like all the greediest that want things for nothing, they call it 'investing'. Money like gold does not reproduce, dead entities to control the dead minds. Interest is nothing lest than a big fraud perpetuated by greed, laziness, selfishness, just pure evil.
theIAMwithin 2 months ago
@theIAMwithin Welcome to the 21st century you dirty hippie, now go take a bath, and think where that warm water is coming from, who built the pipes, and the walls and roof of your home - it was all motivated by profit, powered by capitalism, you are one dumb and annoying OWS economically illiterate asshole.
ehex3 2 months ago 8
@theIAMwithin So how is a bank supposed to stay in business if it doesn't charge interest? There is a big difference in a bank charging interest for money it actually loans out from investments and savings. It's a crime when they loan money at interest they got from the Fed that created it out of thin air.
jneil2007 1 month ago
@theIAMwithin stupid hippie
svedishbiker 1 month ago
Nixon took us off the gold standard and Reagan destroyed the country with the trickle down voodoo Bush crime wave, and selling out the country to slave states.Ron Paul is still sucking Reagan's dried up nutsack!@
nicenonya3 2 months ago
@nicenonya3 Idiot.
MrSilvergoldsilver 2 months ago
@MrSilvergoldsilver no bigger idiot than you!
nicenonya3 2 months ago
If going back to the gold standard now makes sense to you, know that Ron Paul is the only presidential candidate that wants to do so, vote for Ron Paul in 2012 !
toastm4n 2 months ago 8
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toastm4n 2 months ago