OBAMA 's economic plan and it's CHANGE effect on gold price

Max Keiser talks with Stacy Herbert about Obama 's economic reforms and it's effect on the price of gold.

there is now a hedge fund in UK that is priced in gold (basis). Fiat currencies around the world are collapsing. Derivatives in debts (Bank of International Settlements) is about 500 Trillion dollars. Black hole of debt (deflation) is expanding will result in government sponsored INFLATION. If price of gold was priced in derivatives, it would be $30,000 per oz.

recorded on January 31st 2009

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[duplacer]

Please do not wake me up , it is not yet time... going to nap a couple of month more ua .·'* oo

[Spjungen]

I beg to differ. People need all they can get so they can really get it into their heads, because Americans are terrible at that.

[Spjungen]

At this time that's unlikely. Gold is used as a hedge against a falling currency, which the dollar is.

[Anythingwilldo41]

obama

[joshuav2020]

yeah. Osama Bin Laden. Terrorists. they are the real heros! we must sacrifice our lifes for our objective.

[jedbeetle]

Just because you can talk about what's going on doesn't mean you know what you're talking about.

[jedbeetle]

A revolution needs a great leader full of wisdom, selflessness, and clarity of speech. Know anyone like that?

[jedbeetle]

Ahh, I love biased unfounded reasoning.

[phxfreddy]

President Obummer is out of his depth. It will not be Bush's fault when later this year Obummer is shown the fraud he is.

[totaldollar]

no fucking shit it's going to get worst and worst but put it in a nice way, last thing anyone need is more stressful news!