Gold VS Dollar-The Truth About Money

[1kramal1]

Spot on explanation. Why do people still not understand the truth. Well I guess their more interested in Justin bieber videos

[nivekvb]

There isn't enough gold in the world for all those business deals. The rich tend to hoard gold in the hope of pushing the price up and when the gold dissapears from circulation people are not able to do commerce with each other and capitalism dies. Anyway, imagining carrying all that gold around in your pocket. Let's get rid of the Fed and then nationlise finance. Giving finance back to the people gives them back their liberty, and they won't have to buy all that expensive gold from goldsmiths

[ListWritingMachine]

We need Ron Paul.

[AllDimensionalFilms]

Video made in 2008, 2011 gold hits 1,800 !!

[ash477]

You idiots who blame Jews for this have 0.00 understanding of what happened and why. In your ignorance, you lash out at the convenient scapegoat. Israel was NOT supported by the USA until the 1960's. Their nukes - they got from France... they used old WWII weapons to fight modern Arab armies. Secondly - just because Jews served in banking positions does not mean they FORCE the world down this path. Every modern country adopted the fiat currency system because it was IN THEIR INTEREST.

[Yahjewsha]

the fed is owned by rothschild jews

that founded zionist welfare state Israel

a vampire which sucketh the US and the world

[blastor8or]

This video has some truth to it in principle though it's comparisons are not honest; it makes no adjustment for wages, though it is true they have not kept up with inflation since the mid 70's. also there is an upside when you agree to a mortgage lets say for 300 a month in 1970 as inflation makes it easier for you to attain dollars it is less difficult to make this payment as it is a smaller percentage of your income in a sense you are borrowing expensive dollars and paying back cheap dollars.

[fatherofadsense]

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[paan221]

gold is the best way..remember the bretton woods agreement?all of this fiat money are being planned..

[Rickdeckard2020]

True, but part of the truth can be quite misleading.

Most of the money isnt even "paper", the printing press image is a red herring, most of the money is not issued by the GOV its bank credit/debt resulting of Fractional Reserve lending. On top of that wall street bankers control the treasury, OCC (and of course the FED), not the gov of the people by and for the people, if you dont kick the influence of private bankers in the nuts and clean the corrupt gov, your not out of the woods with gold

[accursedheretic]

@Rickdeckard2020

Exactly. I personally think that the gold standard is a terrible idea. All it does is restrict central banks from printing however much they want. If there were to be a global standard that restricted central banks' ability to print up cash not backed by GDP, that would suffice the same as gold. Gold isn't elastic enough in our time. Population is SKYROCKETING. Plus all the gold is hoarded by the bankers, most by Rothschild. Something like the K Percent Theory is a good idea.

[accursedheretic]

@Rickdeckard2020

Have you ever read much about Social Credit? I'm just starting to but it sounds extremely interesting. I have not read ONE bad comment anywhere about CH Douglas' system. He proposed it to Keynes back in the 40s but originally thought of it in the 1920s. Man is very intelligent and I'm gonna read his original work Social Credit over the next day or two. It's only 86 pages and I want to get a good feel for his system. Sounds like what I've been looking for as the ANSWER.

[nicko198718]

i found this out from zeigheist the movie its on youtube but free to download explain alot about the USA banking system money devaule etc i learnt this and im a Australian so why don't people in your country go out into the street and protest this???im not even sure how ours work im doing research now but even with our freedom of information act its hard to get copies to study!

[L0ngB0ard99]

@nicko198718 its fucked up i know literally every1s so brainswashed and stupid

[romoalex123]

this is true. All our money nowadays (whether digital or paper) is just an 'imaginary' value, and its just the number that counts, not the actual quantity of materials used.

[definemaybe]

unbelievable

[gr4tuitou5]

Gold is only as good as its price which can go up and down just like any commodity depending on supply and demand. The corvette example just shows that the price of gold went up in those years and if you were lucky to have gold when it was cheap you could sell it for a tidy profit, but one day the price of gold will go down again (probably when the current financial problems get solved, one way or another).  Whether inflation is a result of dropping gold as a standard is open for debate.

[isadecker]

viva la revolution!!

[nolanhartman00]

Once the world gives up on the united states in the future, all the rich people with gold and silver are gonna go to china or some other stable country because the US will become unstable with riots? gangs of outlaws and the country will be ruined. GOLD IS ALWAYS GOOD IN ANY COUNTRY

[MrKodiak1000]

The truth is that the fiat currency system, set up by foreign bankers was one of the biggest heists the world had ever witnessed. Although it may have started out in good faith, the un-audited fed, without question, has given free money to those who it wishes to finance at a whim. There is no doubt in my mind they write checks and fund those things which they would like funded.

[argentumliberty]

i only have paper money for day to day operations....everithing elese is in metals,,,,gods money, real money, paper money is a lie and if you believe in it you believe in a lie

[alsofari]

very true and it makes sense

money should allways scaled with gold

or else reverse psychology

[mit26chell]

The Federal Reserve Note is now backed by worthless, toxic assets. It was once backed by treasury bills; prior to that - gold.

There's a simple solution to this currency crisis we're in the midst of - simply legalize freedom in currency. The market should decide what people use as a currency, and this would compete with the paper dollar.

[JP2times2007]

gold was informally discarded in 1933 when ppl stopped being able to exchange bills for gold.Only central banks could after that. And ppl who say fiat is ghost money guaranteed by a state needd 2 know that the internat'l gold standard operated through the pound. It was the bank of england's guarantee that you could convert. It is still backed by state decree! The gold standard worked because ppl BELIEVED UK would make good on conversion. Just like ppl beleive the USD is worth something.

[edmund94232]

yup, yup ,yup, yup, yup....

[jeepndesert]

the federal reserve was a fraud in response to the bank runs. with a true public fiat, you can eliminate fractional reserve banking. if you keep private fractional reserve banks, you'd need to tax the interest so the state can negate inflation/deflation from removing/adding currency from circulation and to fund reserve insurance. i'd say just eliminate fractional reserve banking.

[jeepndesert]

the great depression was caused by the gold standard. the federal reserve had a private monopoly on the gold standard at the time. the federal reserve stopped fractional reserves of gold under nixon, after the great depression. again, you contradict yourself. the federal reserve is to blame, as well as the gold standard the federal reserve used.

[jeepndesert]

the state shouldn't be a commodity trader. it shouldn't be a central bank. it should merely provide a means of exchange. you can still in the free market buy gold to store your wealth. the federal reserve is not a true public fiat, it is an inflationary ponzi scheme. a true public fiat can be managed to have neither inflation or deflation.

[jeepndesert]

ron paul is alive and the austrian school of economics is promoted and supported by well-funded institutions as a back-up plan for the bankers and their old world fraud.

[jeepndesert]

gold standard used fractional reserves to hide this fact. that's why you have no gold and rothschild has no gold. this is why lincoln was shot for printing the greenback, a true public fiat, on the $5 and washington is on the $1 for printing the colonial scrip. the federal reserve is NOT a true public fiat. it is a ponzi scheme of debt. you can't use the federal reserve as an example of a true public fiat. in fact, the federal reserve is the final result of the gold standard.

[jeepndesert]

why you have no gold and rothschild has all the gold.

[jeepndesert]

why rothschild has all the gold and you have none. a person works to earn 1 oz at $100/oz. with the storing of gold in a warehouse, the price inflates to $200/oz. another person is born and does the same labor to earn 0.5 oz at $200/oz.

[onetimejustonce]

i have to elaborate in simplicity: the US trades political acheivements (namely from the mideast) in agreeance with stabialized oil prices around the world for GOLD!! in other words, they traded their oil for gold in the 60's not knowing its stabiltity overall while buying arms with us dollars, then seen as the worlds currency. now outdated, we have the gold and not the dollars...i canot take this speculation being spread like it is so here you go!!!

[onetimejustonce]

this speculation is exactly what needs to happen to capitalize on the dollar...all of this gold you so speak of isnt printed on machines....little do you know that our own govt. has known the propensity to buy and trade on the world stage and has gold reserves only small groups of people know about...dollars will flood the market and the US government will flood it with gold (in time) at its highest price. the middle eastern countries have traded oil for gold for years...we took gold..not oil!!!

[MarkMillionaireGuru]

Hello spellbinder00

I have to admit I am very impressed with the quality of your videos here on youtube.

They are certainly a pleasure to watch as I do enjoy them.

I am sure there is many others who also feel the same about your videos.

Mark McCulloch

[CHAJIHAD]

thank you so much, this is really helping my research

[definemaybe]

IS THIS A SELLING WB SITE , DON'T MATTER WHAT IS SAYING IS THE TRUTH I NOW I SOLD ALL MINE ABOUT 10 YRS AGO $250 ns ounce, sold it foe $350, today the 5 ounces i had, form canadian maplwe leaf, american eagle and canadian maple leave 5 ounce wotrth 1110$ and ounce now.

[MsGayblade]

are you black?

[HunnyXCakeforever]

whoa dont ask that out of no where

[BritishBlue1]

Excellent video, illustrates the grass-root of where today's economic crisis has come from.

[imrichyournot]

why do people care if others buy gold or not. if you believe its good to buy then buy it. but why do so many people give a shit if others buy gold.

[acubird]

excellent buy gold now

[libed91]

Is it with the EURO the same as with DOLLAR?

[LordTothe]

Basically yes. It's just another fiat currency with at best a small reserve of gold as an alleged commodity backing.

[classicblue]

My question is ok now that we know this how can we fix the fact the we are going poor? I guess what I mean is you revealed how flawed the system is so that means theres a way to beat it and profit from it.

[obtucewillie]

read a book called - the collapse of the dollar and how to profit from it

[classicblue]

thank you.

[hardcoredeceit]

"Basically the U.S. dollar will become a third-world currency. Whether this

happens quickly or slowly remains to be determined, but it is almost guaranteed.

This means that for all practical purposes the dollar is used for settlement

purposes within the U.S. but not for international settlement purposes. Trading

partners with the U.S. will be paid in some other form, most likely some world

banker type of currency already being discussed by Geithner and others.

[khmntcpr]

actually we do know it

[MrPragmatism]

Excellent video, there is another highly recommended indepth documentary on Youtube called The Money Masters, its well worth watching.

Thanks alot for this video spellbinder!

[gamerguy314]

FINALLY someone who knows their stuff, a good way to compare the dollar is to see how much a Coca Cola inflates as the dollar becomes worthless.

[Lingerfoot]

gamerguy314 - Why do it like that? Please explain.... . Peace!

[gamerguy314]

because, 100$ now is not worth the same as 100$ 30 years ago. What the United states has is Fiat money, it is worth something by the decree of law, there isn't anything that is worth anything on the paper money itself. thats why it can change value depending on the countries economy.

[luke19631963]

This video 100 percent correct. We have allowed our govt to stray so far away from the constitution and what our founding fathers intended. The sad part is our liberty and freedom here in the US is declining right along side our pathetic fiat money. Our founding fathers surely must be rolling in their graves!

[tkdstealth]

Very good points. Read "Fiat Money: Inflation in France", which outlines the very same points that you make in your video by telling the story of paper money in France.

[LetFreedomRlng]

a great documentary can be found at:

TheMoneyMasters(dot)com

[InCharacter]

This is the most concise yet educational economic video I have ever seen, fantastic! The truth is our strongest weapon in the fight for freedom.

[sushi81]

KILL THE F**KING FED and IRS!!! KILL THEM ALL!!!

[almartin77]

The Federal Reserve Bank and the buddies in congress are responsible, The whole damed government needs to be abolished.

[toughguypadilla]

its all true, too bad its too late to do anything about it!

were pretty much screwed as a country!

and we are bringing everyone down with us!

[luke19631963]

There still is hope but time is runnign out. Only vote for public officials (members of congress, president, ect) that wll sign an affidavit to abolish the Fed and put us back on a gold and silver standard the way the constitution demands.

[csartin71]

I am a gold dealer and I 100% agree with everything in this video. Americans need to smarten up and realize that the dollar is about to crash and if you are in paper assets, YOU WILL LOSE!

When stocks crash and the dollars crash what do you want under your bed? Silver and Gold...

[deadranger9]

i will need to watch this over and over because of what i have been taught and what is real and making sense.... but i really have to go over this time and time before i understand it, its something new....

you have my vote.

but i have 2 questions...

1-where did the word dollar come from and what does it mean?

2-who actually design the dollar and what does it have to do with the new world order or illuminati movement?

been searching for years....

need answers...... thank you everyone

[toughguypadilla]

theres no illuminati, this is whats going to happen, right now were are in an economic crash, in february of next year all the finances the US has are going to tumble, and we as a government will declare bankruptcy for the 2nd time in the history of the UNITED STATES, then as everyone looses their jobs, it will be hard to come by with food, riots will spreading all across the country, look itup! its true google secret meeting of congress march 13 it explains it all! ;]

[ldahoe]

and dont forget the implementation of Endgame Project by feb 2010 wikipedia endgame project this is where they will put all those hungry frustrated americans in warm cosy fema resettlement camps and plastic coffins, many of which stockpiles are already begun

[amotisi8859]

exuse me, bretton woods

[amotisi8859]

nixon didn't end the standard, he suspended the brenton woods system, which gave industrial countries the right to exchange dollars for gold.

[Joeys48]

The end of the Brenton Woods system did end the right of member nations to exchange dollars for gold. At the same time, our currency was called Silver Certificates. Those bills were collected and replaced with what we see today. Federal Reserve notes. The erosion of the dollar, as I understand, started with Woodrow Wilson, was helped along by FDR when he made it illegal to own Gold and finally Nixon with the introduction of the Federal Reserve Note.

[amotisi8859]

so hence, nixon did NOT end the gold standard. FDR ended it, and the end of Brenton Woods was to make it easy for the USA maintain a favorable balance of trade and exchange paper for imported goods.

[ldahoe]

essentially nixon ended the exchangability of gold for dollars with a very unpopular act he signed often referred to as Nixon Shock, it was as unpopular as Bushs military commissions act one of those things they sign before resignation as pres

[thefrostflyer]

Abolish the Federal Reserve

[Sedated010011]

win

[FAS9660]

this video is very important for the ppl of the U.S. to see. i often find my self tryin to explain this to ppl but they have a hard toime getting the concept.

[jonnysport89]

nice, very striaght forward video.

[lilhottiesinger]

good video! this is a very clear way of laying it out there

[royalecraig]

Prices are not going up,our money has been undermined.

this is the Source ofInflation, this is how, our Nations wealth is gradually syphoned upwards into the Vaults of a elite Few.

Get this out to Friends,Collegues and Relatives asking them to do the same

[aquarianrican]

Thanks for laying it out in a clear and concise manner.

[ursermaatrasetepenra]

how do we get back our gold and silver?

[spellbinder00]

Find a coin trader near you. Look up coin trader in the phone book.

[brimike3]

so how can I invest in gold?

[MrKodiak1000]

@ursermaatrasetepenra They already thought of that. They have already stolen the gold with the fiat currency we dumbly accepted.

[jespriella]

Your comment to support the idea that the Fed did not created the great depresion is weak. Just because the Fed was created in 1913 does not mean they did not created the it.

[KinkeadN]

Watch Zeitgeist dude... save me the time trying to explain why were being screwed?

[jespriella]

Why you assume I am a dude.

[crappytheclown]

I can't F'n believe that only 1,100 people saw this video so far...and only 6 commented!!!

We're a land of retards! I hope the rest of America is enjoying "Everybody loves Raymond and American Idol" while we become Amerisreal and get forced into our Amero enconomy and tracking devices!

[capriquarius1321]

Maybe only 1151 people have common sense in America???

We need to know our history in economics to figure out why we are here in economic confusion.

[duckrest]

Thank you for this well thoght-out and intelligent report on the dollar value. Its amazing how they played us for fools. I dont trust this Federal Reserve anymore.

[RichBorris]

I wonder how a salesman at a Chevy dealership would react if someone went in with 60/1oz. pieces of gold and tried to buy a Corvette.

[ivangrozny27]

Thanks, that was interesting...though as a European I'm currently more interested in Gold's relation to the €. As far as I can see, even though the Euro is strengthening well vs the Dollar, the gold price in Euros is going up in a similar way to the gold price in Dollars (the chart patterns are almost identical). This indicates to me that people also dont trust Euros because they are also Fiat currency ultimately.

[ergotwotwo]

Very very very very good video. Well done.

[gammabun]

good job

i like the silver coin example

[libertyerian]

Thanks for making this