Dollar Collapse Continues - Signs of Inflation Still

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Uploaded by on Sep 17, 2009

The dollar collapse continues and traders have no problem buying gold above $1000 per ounce. I also show a chart so you can see what's going on with the dollar. Bernanke says recession is over. Yeah, with debt masking this sever downturn. What's changed?

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Uploader Comments (networkingman)

  • "The GDP doesn't jump from -6% to -1%."

    Hahahaha! Very good one!

  • I looked back and this difference occurred in 1Q 2009 and 2Q 2009. From -6% to -1%..I mean...COME ON!

  • I appreciate all the comments, let's get the word out, please!

  • good info , good opinions, good work bro.

  • Thanks!!

  • Wasn't Bernanke saying that everything was fine before it all fell apart. Look at the numbers of defaults in credit cards, its increasing. The consumer is tapped out, what recovery ?

  • Exactly, I couldn't agree more! Also, even if we were to raise the credit limits of consumers, then what? All we do is create debt and call it growth. Reminds me of the WorldCom and Enron days and their funny balance sheets.

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This video is a response to Stocks - The Ultimate FOOLS Rally
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All Comments (17)

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  • networkingman make more videos educate people. I liked this video wish you make more.

  • the crazy people running towards bonds during this inflationary cycle will get hammered. The more people run to bonds the more the yields drop. Eventually it gets to the point that the yield is below inflation and that is how you loose wealth. If the yields are not on par with inflation people turn to gold silver and stocks.

  • jobless recovery is an inflationary recovery. GDP is going up due inflation not an increase of productivity or jobs. The crazy thing is when people fear inflation initially they dump stocks and head to US BONDS and Gold and silver. PEOPLE the problem is government sovereign debt and people are running to something that will more than likely default. Stocks especially commodities will do best in inflationary cycle.

  • Get ready folks.........................­.

    I wish this guy was wrong, but he's speaking truth.

    Thanks for spreading the news Networkigman!

  • AMEN!!!!!!!!!!!! keep it up and please keep posting.

  • I think Bernanke said it was over

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