JOBS & GOLD

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[plyadies]

Gold soldfor $35 an oz. and now $1085.00. Does that tell you what your paper money is woirth...Death of the west...

[ArizonaDelRio]

I love this guy. He is direct, truthful, and indirectly hilarious.

[TWSceptic]

Shame on you Wall Street Journal.

[finarrykahn13]

peter please dont stop these videos.

[plyadies]

@jdjbarnat lol, yes you are right and I like your comment .. If you asked me how much an ounce of gold is worth, I'd say it's worth an ounce of gold... I really don't know where this dollar is going. I hear talk of the Yen, wuan, and one other I can't remember as a world currency.

[jdjbarnat]

@plyadies I'm not disagreeing with you. I realize the dollar will collapse. But the idea that the USD is worthless makes no sense. Why else would people always be comparing the worth of precious metals to the USD. We intrinsically associate the monetary value of all things in terms of paper money..which is stupid. If you asked me how much an ounce of gold is worth, I'd say it's worth an ounce of gold...that measurement of value is constant, tangible and unchanging...unlike the dollar.

[plyadies]

@jdjbarnat Yes it is still worth something but as you see I said gold was at 1085 and oz. and now you said $1400 an oz. Soon we will see $5000 an oz. And on the international world market our dollar won't buy much. Our imports will go sky high so we need to make more per hour and those on fixed income will have a nightmare. Shops are poping up all over buying gold for cash. They know something we don't ? Save your silver coins and gold.

[jdjbarnat]

@plyadies what is paper money worth? Well, $1400 of paper money buys an ounce of gold. As long as you can trade paper for gold, I suppose it's worth something.

[CrashMarket]

If we cannot get the IRS and Fed Banks and gov regulation out of the business sector of the USA ,we can forget it.What is it worth to try and make money when it is taken before you can even make it...May as well be on welfare,and we can get a free cell phone too,that was change you voters wanted.