Gold and Silver is money - Bursting point

The dollar has lost 15% since March alone that's 30% annualized, debt holders can not suffer such loses and continue to take it. If you go to the bureau of labor statistics (BLS) or
http://www.shadowstats.com/inflation_calculator
you will see that since August 2008 to August 2009, that according to the government's BS numbers the dollar lost 15%.

Now what does that mean?

It has a meaning for you and a meaning for debt holders around the world.

If you made 100 last year you must be making 115 dollars this year to have the same purchasing power or if you saved 100 you better have 115 today or you lost money.

If you own any American debt and lets say you have it at 5% you have lost 10%. It gets worse, America sold 7 trillion dollars of debt the last 12 months most of it short term meaning at 0% interest or close to it. Those people lost 15% just according to the governments BS numbers, in reality they have lost a great deal more. That's a loss of over 1.1 trillion dollars of purchasing power just for hold guaranteed debt! Amazing!

So imagine you have 1 billion dollars today you can only buy 850 million worth of stuff and falling.

How the heck can people continue to suffer such losses on cash?

That's why the dollar should collapse this year and I am shocked it's lasted this long, and the only thing I can think that's holding this up is ignorance and stupidity.

For jokes my video title reminded me of a show I use to watch and love as a child... (It has no relation to my topic.)
http://www.youtube.com/watch?v=DA2IdExAKjk


Please support other channels that expose the truth. The liberty movement is on the march, but needs to grow.

http://www.youtube.com/user/BackBurnerNews
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[urkingod]

hi how do I know whey to buy and sell Gold and Silver ?

[davincij15]

Apmex or if you live outside of the US or UK go to a bank.

[NowisEvollovetion]

Greenspan and Bernanke's beautiful duet., as sang together at the Federal Reserve concert evening. I'm forever BLOWING BUBBLES, Pretty BUBBLES in the air. They fly so high, Nearly reach the sky, Then like my dreams, They fade and die. Fortune's lost, I've looked everywhere, I'm forever BLOWING BUBBLES, Pretty BUBBLES in the air.

[Raycheetah]

I can't imagine anything but a default on foreign debt, likely with some humiliating capitulation or other penalty paid to our creditors. Russia defaulted, but they didn't pay much of a penalty, except sucking up a decade or two of hard times. I can't see King Zero letting us get by that way. ='[.]'=

[blr2k]

@silverpizza100 When you say "Gold should be around 650 an ounce", remember that you are valuing the ounce of gold in dollar values... The price of gold actually has not changed - it's real money. The value of the dollar has changed and the change was inflation (the value of the dollar going down). As dollars become less valuable, the price of gold will appear to increase because your life is revolving around the dollar. Just remember, the value of gold has not changed, the dollar has.

[Heidelager]

The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!

[davincij15]

Money has 3 functions.

1. Unit of account

2. Long term store of value.

3. Accepted and a means of exchange.

Paper money fails to be both a unit of account and a long term store of value and in coutries that have high inflation gold is the accepted means of exchange.

Also for 6000 years gold and sliver have been money and still is. We don't need to argue reality will be our final arbiter.

Let the wealthy print, get bailed out and reality will catch up with you.

Good day.

[BrittPhillips]

Times are tough for many. If you need to make some money right now here's how you can do it....

GuaranteedWayToMakeMoney [dot] com

[birthowl]

There could be a situation where french fries are no longer served to babies as food. that is stuff nobody should see happening and not say something. you gotta say something. you gotta say it davincij15 the whole world is counting on you. say you went vegan for thanksgiving. Why make the videos davincij15? do you know how to blow glass?

[birthowl]

it is true but people are still violent to turkeys

[ceylous3121]

you cant print gold or silver thats why its more valuable than money

[bweazel]

Well you show how naive you are with your first sentence. You have it all wrong. Fiat is decree. That's it. It's their inability to stop spending that is the problem, not the decree. The money system is honest. It's the politicians and recently, the law that is becoming dishonest. How do you really expect imaginary numbers and worthless pieces of paper to be dishonest? Put the blame where it is deserved, friend. Haha. They won't shut the internet down. They can't. They don't have the balls.