Peter Shiff - US Dollar Collapse
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Uploaded by TradersAdvantage on Nov 14, 2008
http://www.accesstradingmgmt.com/index.html The inevitable collapse of the dollar. Comments on trade and Economy.
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@blackcherry1212 i feel the exact same way...we had a chance to save us in 2008...obama has sealed our fate to total collapse and gold hit a new high today too...$1665...will be $2000 by end of the year
rpo11234 6 months ago
Ron Paul had some good standpoints. It's just too bad he was racist. I would've liked Dennis Kucinich to win. Regardless, no figure head president will have the power to switch course. Corporations and financial lobbyists have ultimate power, which will lead to collapse. Presidential elections are a distraction. The energy focused on that fiasco needs to be trained on something more achievable... the class war. Your side has already been drawn, and good news... you're with the majority.
toolmonkey 9 months ago
we had our chance with Ron Paul - it may be to late.
blackcherry1212 1 year ago
adrianaJacobs -- It is not just , Chinese , It is , countries all over the world ,, are finanncing USA spending spree , and their bombs on the people who have done nothing to hurt USA .. Iraq and AFganistan ,.,,
aviomaster 2 years ago
More likely the Chinese government is tired of owning US dollars that consistently lose their value, so they are putting a portion of their trade surplus into gold! This is increasing the world-wide demand for gold and putting pressure on the price of gold. They have also allowed their citizens to begin owning gold (as the US did in the 1970s) so increased demand is coming from that sector.
adrianaJacobs 3 years ago