Ron Paul should be president but your wrong on gas prices. There is no global warming. There is no peak oil. They are lies by government to take away freedoms and steal your money at the pump. Now they will take gas back to under a dollar a gallon to try to stave off a depression. Gas could be 50cents a gallon and the oil companies would get rich. They have to take it down now to revive manufacturing in the economy. Alternative fuels always was a farce. Big bad suv gas hogs are back!!!!
it sucks walking around the world today knowing stuff like this and I listen to people talking and the radio etc and no body knows this stuff. I could spend all day talking to the next person I see and then the next and the next telling them about money and whatnot. its agrivating how ignorance makes people puppets of the powerful. just take something that people dont understand, make it suck, tell them that the problem is something you want to change and that what you want to do is the answer
A suggestion. If you haven't already do so, please do a video on why the debasement of the dollar causes price inflation. I believe more should understand. It is key.
You can compare inflation of any 2 items to get the answer you want.
Here in Tex we can produce & refine all the gasoline we need for our state & the big ccmpanies can sell it at the pumps & make a nice profit at $1.00 per gallon.
But because the Arab countries want much more now the domestic compaines go along.
THERE IS NO FREE MARKET IN GAS PRODUCTION...IT'S NOW CONTROLLED BY TOO FEW.
GOP Pres Roosevelt saw this happening & BROKE UP THE OIL COMPANIES -- we need to do that again!
Crude oil is traded in markets, just like stocks. When the highest bid meets or exceeds the lowest ask at any given moment, a contract is entered into.
As it seems to me, Gold and Silver functioned in the same way as greenbacks do today for centuries. Just a scorecard for goods and services that was convenient and portable. That being said, I still love your work Jive. None of what I say is meant to be confrontational I'm just trying to give another side to this debate.
Gold and silver still function as money, particularly gold. The problem with greennbacks is that they are wasting assets. Their value declines with every trade deficit, federal budget deficit, and Fed bailout.
Jive, the growth in demand from China and India has been caused by the four modernizations and the economic liberalization of 1991, respectively, not U.S. dollars going overseas. Although, globalization is a boon for emerging economies. As for saying that Bretton Woods 2 made gas very cheap, the history that I have read does not say so. 1970s had more expensive gas than today in inflation adjusted currency. Also, I have been wondering what the intrinsic value of Au&Sl is compared to fiat money.
What is the meaning of life?
alikokos 2 years ago
Ron Paul should be president but your wrong on gas prices. There is no global warming. There is no peak oil. They are lies by government to take away freedoms and steal your money at the pump. Now they will take gas back to under a dollar a gallon to try to stave off a depression. Gas could be 50cents a gallon and the oil companies would get rich. They have to take it down now to revive manufacturing in the economy. Alternative fuels always was a farce. Big bad suv gas hogs are back!!!!
demondogg55 3 years ago
randomuseless info/gasprice/gasprice.html
alikokos 3 years ago
good questions. thankie jive
alikokos 3 years ago
I use silver to polish my gold with.
SatwaMan 3 years ago
You don't look old.
SatwaMan 3 years ago
I'm not.
JiveDadson 3 years ago
it sucks walking around the world today knowing stuff like this and I listen to people talking and the radio etc and no body knows this stuff. I could spend all day talking to the next person I see and then the next and the next telling them about money and whatnot. its agrivating how ignorance makes people puppets of the powerful. just take something that people dont understand, make it suck, tell them that the problem is something you want to change and that what you want to do is the answer
enotdetcelfer 3 years ago
A suggestion. If you haven't already do so, please do a video on why the debasement of the dollar causes price inflation. I believe more should understand. It is key.
InTheSticks1881 3 years ago
You can compare inflation of any 2 items to get the answer you want.
Here in Tex we can produce & refine all the gasoline we need for our state & the big ccmpanies can sell it at the pumps & make a nice profit at $1.00 per gallon.
But because the Arab countries want much more now the domestic compaines go along.
THERE IS NO FREE MARKET IN GAS PRODUCTION...IT'S NOW CONTROLLED BY TOO FEW.
GOP Pres Roosevelt saw this happening & BROKE UP THE OIL COMPANIES -- we need to do that again!
DillonX 3 years ago
Crude oil is traded in markets, just like stocks. When the highest bid meets or exceeds the lowest ask at any given moment, a contract is entered into.
JiveDadson 3 years ago
US oil companies buy crude from a dozen countries at least. The top three are Canada, Saudi Arabia, and Mexico.
JiveDadson 3 years ago
As it seems to me, Gold and Silver functioned in the same way as greenbacks do today for centuries. Just a scorecard for goods and services that was convenient and portable. That being said, I still love your work Jive. None of what I say is meant to be confrontational I'm just trying to give another side to this debate.
psmitty67 3 years ago
You can't print gold and silver whenever one (the Fed) so chooses. But I'm more than certain you already know that.
bulldogvillan 3 years ago
Gold and silver still function as money, particularly gold. The problem with greennbacks is that they are wasting assets. Their value declines with every trade deficit, federal budget deficit, and Fed bailout.
JiveDadson 3 years ago
Jive, the growth in demand from China and India has been caused by the four modernizations and the economic liberalization of 1991, respectively, not U.S. dollars going overseas. Although, globalization is a boon for emerging economies. As for saying that Bretton Woods 2 made gas very cheap, the history that I have read does not say so. 1970s had more expensive gas than today in inflation adjusted currency. Also, I have been wondering what the intrinsic value of Au&Sl is compared to fiat money.
psmitty67 3 years ago
Globalization is more than anything a function of cheap oil. Low shipping costs mean countries can exchange other goods freely.
JiveDadson 3 years ago
Sound Money, seems like a dream.
I really wish dollar would hurry up and crash and take the US economy with it.
Sooner it does the faster we can rebuild, unless Obama woos the masses with a new new deal :(
Then we are right back where we started....
More government and more tyranny.
Woodchuckk 3 years ago
Wow. Thanks. I had no understanding of the relationship to silver and oil.
I heard about the sour oil which nobody wants. I'm not an engineer, but it doesn't sound like there is much of a use for it.
greatbroad 3 years ago
There's definitely a use for the sour crude, but it costs more to refine, and not all refineries can use it.
JiveDadson 3 years ago
5 stars, thanks for posting
nextdimensions 3 years ago
outstanding work sir.
genemean0138 3 years ago
Yikes! Jive, do you have any recommendations on where to get silver?
sonnybrown 3 years ago
Great video man. Glad we have people like you with experience and insight. 5stars
sonnybrown 3 years ago
Oh come now folks. Rate me vid.
JiveDadson 3 years ago
jive, was he smoking near a gas pump and a small child...
priceless.
those were the days...
Winst0nOBoogie 3 years ago
lol, yeah thought that too. Those were the days.
sonnybrown 3 years ago