Economic Armageddon: Gold Standard is a MUST - Bob Chapman 1 of 2

Bob Chapman - Part 1 of 2

Part 2: Oslo False Flag? Gold & Silver to Double?
http://www.youtube.com/watch?v=MKYzB6z_yA8

Music: "Willow and the Light" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0" http://creativecommons.org/licenses/by/3.0/"
http://creativecommons.org/licenses/by/3.0/legalcode

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[checkThrice]

@kierangos

The info is not a secret (copy paste search this) :

In the world there are currently somewhere between 120,000 and 140,000 tonnes of gold ‘above ground’.

About 30,000 tonnes of the world’s gold [20-25% of above ground inventory] is held in central bank vaults.

The rest is held by individuals in the form of gold jewellery [approx 70,000 - 80,000 tonnes], coin and privately held bullion [combined at 20,000 tonnes].

[masterpatric07]

THERE CAN NOT BE A GOLD STANDARS CAUSE FORT KNOX IS EMPTY.

WAKE UP PEOPLE.NO MORE CURRENCIES,PEOPLE IS TIRED OF ANOTHER CURRENCY BACKED UP BY GOLD.AMERICA WILL BE A BIG FARM WHERE I EXCHANGE 2 POTATOES FOR TWO TOMATOES AND SO ON.

[TheStreeser1]

Gold guns and a get away plan.

[whatupwiththatdog]

I would say if the unemployed protested, DC could see 10 million around the square

[whatupwiththatdog]

Time for millions to march in peaceful protest on DC

[g777enn]

A gold standard will not keep criminal governments in line. We have to get rid of the criminals in government- period. Historically a gold standard has always been the standard of tyrants. Google it. Criminal governments can always get around any gold standard.

[TheLiddlekiddle]

@XPsychoBurgundyX refineries pay 95% of the gold value of scrap, so the point is that the gold purchased in 2006 for $600 just got me $1600 at the refinery (I would have approx. $660 if held in a 5 year C.D.). It did not matter that a store did not take it because it is always exchangeable for the medium of exchange. The banks would FAIL if they took gold as collateral. People would be going in having them hold the gold for collateral to take the money to buy more gold competing with banks!

[Romulan112]

I disagree with Chapmans saying either or gold or silver backing. I see both in the future.  Reason being is some countries have more silver than gold. why not both? they are both 'sound money'.

[Romulan112]

@XPsychoBurgundyX exactly, i tried to use my gold as collateral for a loan, making the loan fully backed. TD bank said they didn't accept gold. to them it had no value. FOR NOW> me thinks things will change dramaticly in the future

[quadcatfly]

LOL. ARE U READY !?