November 10 Vlog - Dollar Collapse moving Mainstream
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It loses purchasing power for awhile but if saved and productivity increases,the value goes back up giving an increase in purchase power.We don't wanna buy anything right now anyway,can't you tell looking at the market?
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The Federal Reserve has a reserve of Gold worth only $326,990,302,500 if Gold were worth $1250 an ounce.But the real cost of Gold will go to $2500.If other nations get scared and buy Gold we will sell it.If they try to compete with us they will starve themselves.Everbody is trying to keep their currency lower than U.S.D. so they can export.That means it will cost them more the longer they wait to either stop devalueing their money or buy Gold.We will scare the world so we can go back to work.
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In canada we buy our gold from Bank of Nova Scotia correct... what percentage does the bank take from each oz of gold sold....
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what good are better prices for exports when your own citizens are being starved out with declining purchasing power?
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why the hell dose the sign say silver 1000. thats not tell next year
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gold at $1,121
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H.R. 1207: Federal Reserve Transparency Act of 2009
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thanks my man
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so are you saying gold would not be a wise invesment?
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well government/ Goldman Sachs chosen brokers buying stocks. In sound money terms if you divide the value of the DOW by the price of an oz of gold, the ratio is falling tinyurl . com / 2sp36
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I am hoping that cats will be used as the new medium for financial transactions. I am highly leveraged in cats.
happymax1 2 years ago 7
How do you think the american financial collapse will affect the Canadian dollar?
losolomo 2 years ago 3