I thought the fractional reserve ratio was 10:1 not 100:1. Or is 100:1 just for precious metals. By the way awesome reason. I k.ew there was some colonial reason for libya but I believed it to be oil.
@VerifiedNews And we see that the first shipment of Venezuela's gold, quantity not disclosed, has arrived before the whole pyramid scheme that is American dollar collapses.
@goldengyrl2010 And we see that the first shipment, quantity not disclosed, has arrived before the whole pyramid scheme that is American dollar collapses.
Dude! Awesome stuff! People don't seem too interested to find out how their currency or federal government actually works. Very happy to see something like this posted
US debt clock 10/23/11 shows + $600,000 Billion in derivaties and currency ( thats NOT a typo!) PLUS $330,000 Billion in debt funded and unfunded I.e. ss, drug prescription and medicare all total it is OVER $3 MILLION dollars per citizen man woman and CHILD in amercia
I thought the fractional reserve ratio was 10:1 not 100:1. Or is 100:1 just for precious metals. By the way awesome reason. I k.ew there was some colonial reason for libya but I believed it to be oil.
QCREIGN 2 months ago
@QCREIGN 10% for demand accounts, 3% for mortgages, etc. It varies.
VerifiedNews 2 months ago
this time the add was - HyperInflation Survival Guide
bergweg 3 months ago
these guys are pretty crazy about these contracts. Who and how would enforce the contract of giving the gold deposits back to Hugo Chavez?
bergweg 3 months ago
Dave? What caused us to bomb Libya during Reagan's presidency? Does it have any connection to now?
RustinHawver 3 months ago
no ad, was going to
th86stone 4 months ago
@th86stone Thnx anyaway! Should be ads...oh well must be a glitch!
VerifiedNews 4 months ago
@VerifiedNews in retrospect, i might have an ad blocker on. i am "like"ing your vids hope it helps
th86stone 4 months ago
I just checked my sub in-box, and my previous comment was right on the mark.
Seems like Chavez has cancer,- latest news.
How convenient. Looks like Venezuala's 99 tons of gold will also be needing a bank home.
macpduff 4 months ago
I didn't realize that Libya's gold more than covers the amount demanded by Chavez.. Is Chavez next?
macpduff 4 months ago
@macpduff Link posted 144 tons! Thnx for commenting!
VerifiedNews 4 months ago
@macpduff they want to.
goldengyrl2010 4 months ago
Thanks
macpduff 4 months ago
Was Libya's 144 tons of gold seized ?
paulrprichard 4 months ago
@paulrprichard There are articles about NATO forces "securing" the gold! I couldn't quote them exactly.
VerifiedNews 4 months ago
@VerifiedNews modern day Nazi's
jhunted7667 4 months ago
@VerifiedNews And we see that the first shipment of Venezuela's gold, quantity not disclosed, has arrived before the whole pyramid scheme that is American dollar collapses.
I wonder how much Libyan gold NATO forces stole.
paulrprichard 2 months ago
@paulrprichard 144 tons
VerifiedNews 2 months ago
@VerifiedNews I will ask the ZeroHedge viewers about NATO forces "securing" Libyan gold.
paulrprichard 2 months ago
@paulrprichard you know it was. Chavez wants his 212 tonnes.
goldengyrl2010 4 months ago
@goldengyrl2010 And we see that the first shipment, quantity not disclosed, has arrived before the whole pyramid scheme that is American dollar collapses.
paulrprichard 2 months ago
Dude! Awesome stuff! People don't seem too interested to find out how their currency or federal government actually works. Very happy to see something like this posted
brentatonic 4 months ago
US debt clock 10/23/11 shows + $600,000 Billion in derivaties and currency ( thats NOT a typo!) PLUS $330,000 Billion in debt funded and unfunded I.e. ss, drug prescription and medicare all total it is OVER $3 MILLION dollars per citizen man woman and CHILD in amercia
abarhadebar 4 months ago
@abarhadebar indeed!
VerifiedNews 4 months ago
Keep doing what u do Dave. Interesting perspective.
wadistru 4 months ago