Kook Ron Paul Thinks Gold Measures Currency Value & Invents His Own Definition Of Default

Sorry, old coot - there is no correlation.

He did get one thing right though - the US does need to repudiate / cancel its debts.

Other than that, everything else he says in the interview is pure nonsense.

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[kamphwagon1]

It may have at one time when the price was fixed by law at $32 a ounce by the goverment cheap eh, and no tradeing on the markets here.. Now with the dollar off the standard and gold traded along with 46% of Pauls investments in mineing, gold and silver mineing btw ,you know how come he's got a son named for Ann Rand .. Figureing out his own Cheney scam with gold mineing like Cheney/Halliburton & Iraq/Afganastan and promote it like the Iraq war ,Paul is a scaming grifter POS !...

[TheCaptainSlappy]

Kooks, even old ones...have to have jobs. And the jobs that multi-millionaire political kooks have is talking gibberish to get paid for it, to keep you the hamster, in their wheel. The REALLY scary ones are the super-desperate kooks...and their followers.

[573freedom]

@2Godfather2 wouldn't it be default if I just "printed" it? Greenspan said the government can print to pay off debt

[2Godfather2]

@heckler73 thats too funny! lol"If I give you $20, and you give me $20, and I go to the liquor store and buy 15 beers, we're going to get drunk..." hahahaha

[thenewmike2012]

As a Democrat, I had respect for Dr. Paul. He is a Gentleman and presents himself with class & dignity. I lost that respect for Dr. Paul when I learned he, as an intern, watched a baby be cut from his/her mothers' belly, put in a bucket on the floor and put in a corner to die while they all watched. What prevented him from taking that LIVE, CRYING baby out of that trash can and walking a few steps over to the Intensive Care Unit and saving it? He's lost my respect.

[Skeptic87]

Another day of pathological lying in life of Ron Paul.

[MoralMoney]

What a sweet little ass hole. Ironic how the only thing inflating is gold! What a fool!

[AntiSchiff]

Default and inflation risks mentioned, as usual, despite falling Treasury yields and inflation metrics. What a genius.

[heckler73]

I think the US will default, too. But you need to understand MY definition of default.

If I give you $20, and you give me $20, and I go to the liquor store and buy 15 beers, we're going to get drunk...

So under that example, the US will default #FTW

Ron Paul's logic is impregnable!! His mind is like a steel trap! And he comes with a kung-fu grip and accu-pressure pussy fingers!!!

For that reason, I fear to tread in Ron Paul's hood after dark...