GOLD VS DOLLAR
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Uploaded by therealweeklynews on Apr 4, 2008
http://digg.com/business_finance/GOLD_VS_DOLLAR
The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the ecomy of the United States and why this country is in a lot of trouble financially.
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@cesar333 So you believe that we should continue down a path of self destruction with out of control inflation instead of cutting back with the gold standard? The point you are missing is that the dollar is going to fail probably by the end of the year if we don't change! The gold standard is a control on spending no gold no more spending! It puts a fail safe in place! Wake up!
hycd4 6 days ago
Dont fall for this commercial people. At current levels, there is not enough gold in the world to support as a monetary base. Today China is the leading producer of gold and while Australia holds the most reserve. You cannot have economic growth with your currency is pegged to gold.
cesar333 1 week ago
it's like the propoganda to buy anything they will claim that your money is going toward a good investment when in reality all you will have is less of your money
RobertX2000X 3 weeks ago
no they just want you to buy the damn gold so that when it decreases in price they will have more of your dollars and less of their depreciating bullion (gold that isn't worth as much)
RobertX2000X 3 weeks ago
soooo, wait. Are you telling me that there are companies who will take my worthless paper money and give me gold for it? How do they make a profit from THAT? If the world is going to end like Glenn Beck says won't food, shelter, and ammunition be much more valuable?
Grendelwasright 3 weeks ago in playlist Ron Paul
I was a Libery Dollar Associate and did my best to exchange Liberty Dollars for currency. Many people thought I was some chump. One dude pointed out that my $5 Silver Liberty only had $4.50 in Silver, he said I was "Ripping him off", so I paid him with a $5 bill. That was in 2003. So tell me: Which was a ripoff? What has the value of silver done since 2003 and compare that to the dollar. Between that dude and I: Which one of us was the "Chump"? It's the Fed that "Ripped him off", not me!
astrofrk 3 weeks ago
@muumikopio compare price of gold in oil. The fiat Dollar is very unstable. Or food prices
tommy35ss 4 weeks ago
Compare price of gold in oil. The fiat Dollar is very unstable. Or food prices
tommy35ss 4 weeks ago
@muumikopio If you compare the 50 year gold chart(in USD) and the value of USD you will find that they have a nice inverse relationship. Not that gold is unstable, but rather currency is being manipulated.
williamjpiano 1 month ago