Gold vs Every Central Bank
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Uploader Comments (SilverShieldGrp)
Top Comments
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1930 gold was $20/ounce
today its $1000/ounce.
That makes today's dollar worth the same as 2 cents in 1930.
2 years ago 6
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50 % cash 50% gold/silver and watch
2 years ago 4
All Comments (29)
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My have times have changed now China is an importer of gold and silver at exponentially increasing rate.
Did you know China was the net exporter of silver in 2009 to a tune of 100 million oz, and that reversed in 2010 to importer of 100 million oz.
Crazy!
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@djb1945 That life style is an illusion. Our standard of living is going to collapse signaficantly. Americans are going to learn what it feels like to live like the majority of the people on the planet.
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Gold is at 1400$, so why should you hold cash ?? I say 90% goild and silver and 10% cash !! Central banks love gold, thats why they hold so much of it . The more it goes up, the more they print !! This guy Rickers is nolageble but confuse. Just like my english skills !! lol
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Gold October 10, 2010 $1347.00 at 10:16 Central Daylight Savings Time
Got Gold?
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Hey Mr. Schiff Do you know anything about the rumor that China could possibly band the export of gold? I know they are encouraging their citizens to buy gold so they have insurance to the devaluation of the dollar, but do you think they would to take as far as banding the export of gold?
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@djb1945 We have all of this because we do not actually own them. We have all of this because of CREDIT. China alone owns over 1/20 of USA's 10 Trillion debt. Which is now more than 600 Billion.
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Zimbabwe and Argentina for example.
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650 trillion in now worthless derivatives fueled the world economy? is there anyone on the planet who actually believes the US has been fueling the world economy? seriously, even 1 person?
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China has banned the export of gold and silver. you are out of date.
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And just think the government will be asking for another bailout in a few months. Another crisis and more lies. When is enough !This has got to stop!
REVOLT !!
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China is a net exporter of gold - not a net importer.
DillonX 2 years ago
China is the largest producer of gold and the second largest consumer of gold... a close second to India.
SilverShieldGrp 2 years ago
you guys we now have safer cars, bigger houses, flat screen HD TV's, better diet, living longer OH and a thing called the internet. So make those comps
Who cares about the price of gold relative top the dollar?
djb1945 2 years ago
Are you trying to be sarcastic?
Seriously?
When the dollar collapses and IT WILL.
How will you be able to watch that TV? Drive that car?
Or just eat?
What are you going to do? Seriously?
Our lifestyle is an illusion built on a debt based fiat currency and when that collapses OUR lifestyle goes with it!
Please look into this further...
SilverShieldGrp 2 years ago