What the Price of Gold Is Telling Us by Ron Paul. Before the U.S. House of Representatives, April 25, 2006. Gold was at $635 at the time of this speech and is now $923.
"But should we wait until the dollar is 1/1,000 of an ounce of gold or 1/2,000 of an ounce of gold? The longer we wait, the more people suffer and the more difficult reforms become." -Ron Paul
Well Ron, the dollar reached 1/1,224 of an oz of gold today... I guess that answers your question, and we should prepare for the suffering.
This is what happens when any entity or country or economy demands year over year growth for ever. Sooner or later you can not grow any more profits, then boom!
We are arriving at our destination. We've created so much of nothing to get something that the bill is coming due and we are standing with our hands holding our linings of our pockets out empty. The Federal Reserve and our own Government has sold our country out from under us for profit. The people have been put last in back of profits.
agreed sifromeire..but we compartmentalize and donot c the big picture.What I mean is that it is no accident that americans r being duped when things like fluoridation of the water supply,gov't taking over the educational system specifically to dumb down the population,processing foods to starve the brain, etc...Each of us must wake up & take responsibilty & demand that our local leaders(congressmen, senators, mayors, city councils, DA's, etc...) be accountable for their actions and inactions.
Secondly, wouldn't Ron Paul own stock in LMT, KBR and other M.I.C. companies? I think so. if he was an insider he would be with 85% of all the other loons. If ron paul was an insider you would be hearing him flip flop on issues. If ron paul was an insider you would see that he has lots of friends in congress, if ron paul was an insider he most likely would NOT be on the gold chair, if ron paul was an insider.. ya you get it. You are a moron if you think liking gold is an insider. pathetic.
lol.. wow. Lets see. The federal reserve prints money on a daily basis, when this happens in directly the value of gold increases. WHO WOULDN'T OWN GOLD? Are you stupid? Next. If ron paul was really an "insider" he would be VOTING for printing of money because in-turn he would see HUGE profits in his gold stocks. You are a fucking moron I'm sorry. Ron paul is FAR from an insider. If he was an insider he would be passing bills left and right that benefit HIM. Which is never the case.
Say what you want dd... you got duped, and you know it. Take a look at Ron Paul's stock portfolio before you go attacking people on subjects you know nothing about.
This guy has been a Congressman and D.C. insider for 32 years, and you actually believe he's an "outsider" with no conflicts of interest. What a joke...
Not just our country. Pretty much all countries are doomed. Name me one country that doesn't use fiat currency or one country that does not rely on world trade for survival.
"But should we wait until the dollar is 1/1,000 of an ounce of gold or 1/2,000 of an ounce of gold? The longer we wait, the more people suffer and the more difficult reforms become." -Ron Paul
Well Ron, the dollar reached 1/1,224 of an oz of gold today... I guess that answers your question, and we should prepare for the suffering.
iFreedom4ever 1 year ago
You're probably right.
The government usually have the 'good' guy in their 'pocket' from the beginning...
Just wait for the IMF selloff that is coming, the sheep will panic and selloff themselves hoping to get something, anything in return...
creamdaddy07 3 years ago
Ron Paul For vice prez !
fawkUtube 3 years ago
This is what happens when any entity or country or economy demands year over year growth for ever. Sooner or later you can not grow any more profits, then boom!
We are arriving at our destination. We've created so much of nothing to get something that the bill is coming due and we are standing with our hands holding our linings of our pockets out empty. The Federal Reserve and our own Government has sold our country out from under us for profit. The people have been put last in back of profits.
grm246 3 years ago
agreed sifromeire..but we compartmentalize and donot c the big picture.What I mean is that it is no accident that americans r being duped when things like fluoridation of the water supply,gov't taking over the educational system specifically to dumb down the population,processing foods to starve the brain, etc...Each of us must wake up & take responsibilty & demand that our local leaders(congressmen, senators, mayors, city councils, DA's, etc...) be accountable for their actions and inactions.
enlytnd 3 years ago
Secondly, wouldn't Ron Paul own stock in LMT, KBR and other M.I.C. companies? I think so. if he was an insider he would be with 85% of all the other loons. If ron paul was an insider you would be hearing him flip flop on issues. If ron paul was an insider you would see that he has lots of friends in congress, if ron paul was an insider he most likely would NOT be on the gold chair, if ron paul was an insider.. ya you get it. You are a moron if you think liking gold is an insider. pathetic.
ddstar 3 years ago
lol.. wow. Lets see. The federal reserve prints money on a daily basis, when this happens in directly the value of gold increases. WHO WOULDN'T OWN GOLD? Are you stupid? Next. If ron paul was really an "insider" he would be VOTING for printing of money because in-turn he would see HUGE profits in his gold stocks. You are a fucking moron I'm sorry. Ron paul is FAR from an insider. If he was an insider he would be passing bills left and right that benefit HIM. Which is never the case.
ddstar 3 years ago
Say what you want dd... you got duped, and you know it. Take a look at Ron Paul's stock portfolio before you go attacking people on subjects you know nothing about.
This guy has been a Congressman and D.C. insider for 32 years, and you actually believe he's an "outsider" with no conflicts of interest. What a joke...
vjd55 3 years ago
You are an idiot.
ddstar 3 years ago
Not just our country. Pretty much all countries are doomed. Name me one country that doesn't use fiat currency or one country that does not rely on world trade for survival.
johntheunique 3 years ago