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GOLD VS DOLLAR

Uploaded by: therealweeklynews
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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.

Tags for this video: banks bonds crisis depression devaluation dollar economy federal gold interest loans recession reserve stocks vs

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There's no need to ... ( 1 week ago by vrnjak)

There's no need to get worked up. I simply asked for statistics to back your position, and, as I accurately surmised, I received lots of emotion and zero in the way of data or statistics.

You are the 1st ... ( 1 week ago by vrnjak)

You are the 1st person I've come in contact with that says fiat money is safe. Do you understand what fiat means? That means by authoritative or arbitrary decree. What conscious social contract are you suggesting exists with such an arrangement? Better yet, why do we need one? If you understood what fiat means, then can anyone assume that you actually believe in free market valuation?

You must also ... ( 1 week ago by vrnjak)

You must also believe that the founding fathers were "monkeys", as you eloquently stated earlier, for tying the value of the dollar to precious metals in the constitution? Is your freedom of speech also negotiable? Not to me it isn't, and I defend your right to belittle me anonymously via an internet message board.

Your point of ... ( 1 week ago by vrnjak)

Your point of concentration of gold in the hands of the few was set in motion, in my opinion, by the Fed Reserve Act, the influential trust/cartel imaginable. Isn't that actually more likely to occur with a banking trust which literally answers to no one?

goodnight vrnjak, ... ( 1 week ago by MatrixMarc)

goodnight vrnjak, stop writing me and don't expect to get comments when you post propaganda. Why don't you pray to your god Ron Paul, he'll save you. Peace

someone actually ... ( 1 week ago by 7Hook)

someone actually tried arguing that fiat currency is good? at least he had the sense to back out really fast.

Brilliant and ... ( 6 days ago by youmatthewnel)

Brilliant and factual

goooooowwld!! ( 6 days ago by alexia2099)

goooooowwld!!

DUDE, SERIUSLY, ... ( 5 days ago by pkhamidar2com)

DUDE, SERIUSLY, this guy is just telling us what he thinks, no need to swear!

Array ( 5 days ago by tinafiedler1)

MatrixMarc:
I have a question, maybe you can help: If I start to buy gold and it goes up in value, can I just go to my local coin shop and redeeem it for dollars? Couldn't they just tell me "no", if too many people are starting to cash in their gone-up-in-price gold?
Thanks for your consideration
Tina

Array ( 5 days ago by tinafiedler1)

rabbit2110:
I agree with you. They will use this crisis to ram the North American Union down our throats and then Codex Alimentarius.

Array ( 4 days ago by tinafiedler1)

blueballzstudio:
You said that we don't have to buy gold by the ounce, that we could buy half ounce, etc.
My question: when I go to "cash in" my appreciated 1/2 ouncers of gold, will my local coin shop give me the right price willingly. They won't refuse me will they?
Thanks for your help,
Tina

Array ( 4 days ago by tinafiedler1)

msrebel54:
RE: Your comment to "Gold VS Dollar"
I understand we have to hold onto gold, so that it appreciates. But we DO have to cash it into dollars in order to purchase things. I don't think the grocery store will take gold coins, if they do, it's cuz they're monetized, meaning they would only give you a dollar for a dollar gold coin. Do you plan to gold onto the gold indefinitely? And why?
Thank you in advance,
Tina

I hate this shit! ... ( 4 days ago by rsouthern)

I hate this shit! What your doing is not educating the public you just take the obvious points and sensationalize it. Then what you get is a bunch of angry & motivated people wanting to change one bad situation for another and you do that to them 7 more times and they loose all hope. Most people are sheep and that's just human nature remember you have only one great decision so make it count and that's you Sheppard!

im not going to try ... ( 4 days ago by thepie8u)

im not going to try to argue with you. is just easier to call you stupid. your fucking stupid

but we can't return ... ( 3 days ago by Billabyte)

but we can't return to a Gold standard, that would cause a depression!

I think it's a good ... ( 3 days ago by msrebel54)

I think it's a good thing to have at least SOME on hand. If you have say an ounce of gold, and the value of the dollar drops, your ounce is now worth more of the paper dollars and your buying power varies very little. If you have 800 paper dollars and 6 months from now it only buys what $500 would 6 months ago, you've just lost it to inflation. You could also exchange gold for other more valuable currencies than the dollar.

Actually the dollar ... ( 2 days ago by topgunner3210)

Actually the dollar is tied to the bomb, whoever has the bomb has the "money". If another country(eg.Iran) gets hold of a bomb then it must be bombed, but you can't because Russia is right behind. So that is why the currency is going down.

But the iranian and ... ( 2 days ago by 7Hook)

But the iranian and russian currencies aren't competitors to the dollar.
The euro is however. are you saying that the US might be thinking about bombing Europe?

If Iran switches to ... ( 2 days ago by topgunner3210)

If Iran switches to Euros then they will have "WMD's" and thats cause for war. Russia gots war planes right now in Europe so maybe something stirring.

the US invaded Iraq ... ( 2 days ago by 7Hook)

the US invaded Iraq because they wanted to switch to Euros for oil. russia also sent ships to Venezuela. Do you think the first country the US will nuke is most likely China?

Isn't is such ... ( 1 day ago by terr547)

Isn't is such bullshit what the fed has done to our currency? As said by Ron Paul, it is the devaluation of a country's currency that precedes its imminent collapse. The US is on the verge of that collapse, whether it be bankruptcy or something else, we are running out of worldly credibility.

I just bought some ... ( 16 hours ago by dodododa)

I just bought some gold. It's in the mail.

DUH! Of course the ... ( 4 hours ago by RetSquid)

DUH! Of course the price of gold in Dollars didn't fluctuate. THE VALUE OF THE DOLLAR WAS TIED DIRECTLY TO GOLD.
The U.S. was also the last country to come off the gold standard.