The Future of GOLD: Part 1

The Future of Gold: Part 1
http://www.youtube.com/user/CurrencyCollapse
http://youtu.be/ASbnDoCohp8

Currency Collapse Web Site:
http://currency-collapse.com/

This video highlights and explains the history of GOLD over the last 100 years in our global monetary system. This first segment is designed to educate you about early systems of exchange, Fractional Reserve Banking, and Inflation.

The sole purpose of these videos are to educate people about what Gold actually is and the role that it is suppose to play in our monetary system. Please watch the videos in order to thoroughly grasp the concept of this presentation.

The Second part of this video will explain how GOLD has accounted for the entire US money supply/debt twice during the last 100 years and is starting to do so again. The video will also explain potential price points that GOLD could hit in the near future as it accounts for the money supply.

And lastly the third part of the video is hypothetical scenarios that I believe could possibly happen in the near future.

For anyone thinking of investing in Gold & Silver this video will give your an idea as to where the metals could potentially go in the coming years. Before purchasing Gold & Silver you need to understand what it is your investing in.

Category:

Education

Tags:

• Gold
• Silver
• Bullion
• Stock
• Market
• Precious
• Metals
• Mining
• Investment
• US
• debt
• China
• Japan
• United
• States
• Europe
• EU
• European
• Union
• Debt
• Crisis
• Dollar
• Collapse
• Yen
• Yuan
• Euro
• Fractional
• Reserve
• Banking
• Federal
• Inflation
• Investing
• in
• GOLD
• SILVER

[NexisFilms]

243 views , yet a "talking" dog gets billions .. How sad !

[SGTbull07]

Liked! This is good info, nicely presented for folks to whom the info might be new. I subbed to your channel too. thanks!



[pwih1987]

Damn you sound like Ron Paul. Hey great video. I learned a lot.

[CurrencyCollapse]

@larrycohen50,

We most certainly do! I’ve pondered over this question the most and I can’t seem to find an answer. When to dollar crashes and a new monetary system is proposed I am curious as to how long the transition period in between will be.

If the public simply accepts the newly proposed system than it will be quick, but if we demand something more equal than it could take some time.

[larrycohen50]

@CurrencyCollapse I do not predict the future, other than to suggest that the bankers have discussed replacing the dollar with "Special Drawing Rights" money. If our Treasury Dept. will not put gold and silver back into circulation, we have the choice of either just buying it for ourselves, or issuing our own paper "barter instruments" (don't call it legal tender.) that wouldn't not look like "dollars." Both legal tender laws, and fractional reserve banking, should be abolished. Larry

[CurrencyCollapse]

@CurrencyCollapse Great conversation love to have more, feel free to email me. 

[CurrencyCollapse]

@larrycohen50 I agree the paper isn’t the problem. But what will ultimately cause the public or I should say the “buyer’s” of the dollar to dump it. Is lack of confidence and that will result in a refusal to accept dollars as payments. Believe this may have already happened and that is why we saw Quantitative Easing. Once all of the funny money that was injected into the system actually makes its way through the system, we will see the true damage of abusive monetary practices.

[larrycohen50]

@CurrencyCollapse No, the paper dollar is going down because of the legal tenders laws, and the debt basis of it, both resulting from the Federal Reserve Act of 1913. The dollar could be exclusively value-based, but due to the control by the Fed, it is loaned, rather than spent, into circulation, and then "grabbed back" under coercion through the IRS, as a payment on the so-called "national debt." The paper itself isn't really the problem; rather, those managing it. Larry

[CurrencyCollapse]

@CurrencyCollapse Just like we today still accept the dollar as a medium of exchange and give it value to be traded. The free market and demand for dollars is what will also bring about the demise of the dollar.

[CurrencyCollapse]

@larrycohen50

Your right, that line was supposed to read like the line that follows. “Gold & Silver are fungible and rare”. “Not Gold & Silver are fungible, meaning they’re rare”. But the two characteristics of being fungible and rare are what ultimately encouraged the free market to choose them as forms of money/medium of exchange. The free market accepted them as forms of money, thus giving them value.

[larrycohen50]

"Fungible" doesn't mean "rare." It means you can replace one unit of it with another and retain the properties of the first. This isn't the case with most other barter commodities. The "rarity" of a commodity doesn't not make it valuable. Something is valuable because we chose to give it value.  Would you like help revising the video and making more accurate? You've made a number of errors in it. Larry

[CrazyEurazion]

Thanks for this

[johnnnyreb51]

lol silly shit

[americanbandwidth]

Well done.

If you could discuss, in a future video, the Fake Gold and Silver being sold on Ebay and elsewhere.

Mostly from China and/or other Asian Sellers.

Thank you.

[DroidPals]

This is the best presentation on this topic that I have ever seen since I started trading gold (stocks) in 1973.

[channelviewer09]

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