Economic Update (08.28.2010) - Federal Reserve / Gold / Webbot

http://thesilverlog.blogspot.com

NOTE - I talk a lot about the weather climate changes. This is an economic video and these economic conditions will greatly affect the economy which makes them important to be aware of.

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[endlessmountain]

About this massive rally in the dollar. If you are talking later this year or into next. It very well maybe. Hmmmm, I wonder how this happens? For the only way a dollar rally can be positive, is if they work towards getting the dollar to be positive. You know, back it by something real. Oh baby, then the dollar can be strong. So seeing USDX go to 100 next year is not a surprise. IF we see that, it doesn't change anything as far as a collapse of the currencies.

[NovusChaoMundi]

All fiat money will collapse when the dollar tanks, it will be a chain reaction.

[endlessmountain]

@NovusChaoMundi Lets play some dominoes :)

You are correct or at least the probability odds are that for you to be correct

[GypsyHustled]

Do you predict the Canadian economy will surpass the USA after the collapse? Thanks

[endlessmountain]

@GypsyHustled It might, but that might only because USA is in serious trouble. Canada is not in that great of shape even though we are said to have the top banking system.

There really is not a spot on earth that will not be affected by this.

[GreatDepressionTwo]

Always expect the unexpected

[endlessmountain]

@zerosum im not going to remove this comment and I should. I love constructive criticism, and this is not that. First off, you said I give bad advice. I do not give much advice, but rather facts and feelings. The reason I don't give much advice is because it is up to each individual to figure things out on their own with help that is available.

However, you are blocked. This means you can still watch the videos but you can not comment, rate or subscribe with this account.

[forexyard]

USD/CAD continues to slide despite falling crude oil prices.

[forexyard]

So this is why gold is pushing its all-time high again.

[Panopticonable]

Well done, keep putting out the word. Your work is appreciated!

[Christianprepper1]

Why are you in the laundry room ?????????

[ILovelisanova]

The GLD closed slightly down in 2008

[Boatguy2010]

In the U.S. if you were to stop all wars and bring the men home where would they work?

[lindabebe835]

@zerosum glad you are blocked. no one is twisting your arm to watch these vids. It is free info. people need to use their own common sense as he suggests. get a life and stop being so negative.

[demensha23]

D, I tune into ABC Nightly News once in a great while,(Friday 8/27) and they had a piece about Bernanke and the economy. Didn't look good, as they played an old film from FDR's famous inauguration speech, and a Reagan speech on the economy back in the 80's The MSM is dropping a big hint to the masses that things will be going south. Black September, Red October in 2010 is my guess. Great advice, live like it's the 30's. Grow your own, cure your own, be self sufficient!

[gsjodin]

@endlessmountain It will surpass the US only because it will not retract as rapidly. So when we say surpass it will not be due to growth but due to less retraction. Surpass implies moving forward so may not be the best satement.