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Title: GOLD VS DOLLAR
Added: Apr 4, 2008
Author: therealweeklynews
Duration: 5:20
Description:
http://digg.com/business_finance/GOLD_VS_DOLLARThe 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.
Related Videos:
Videos related to 'GOLD VS DOLLAR'
Channel: News
Tags: gold vs dollar federal reserve devaluation stocks bonds loans interest banks crisis depression recession economy
gold vs dollar federal reserve devaluation stocks bonds loans interest banks crisis depression recession economy
Youtube Comments: 6224
IngeniousElf Says:
Mar 9, 2012 - - You can have growth with an economic policy with a gold standard. Just look at the years before 1913. There were many BOOMS and very few busts. Yet the average wage for Americans went up during those times. Using your figures of only being 6 trillion dollars of gold left would give $857 per person in the world. BUT the whole world is not on a gold standard. Many propose that Gold could be tied back to the dollar at $2500/ounce will stretch that money even more so. Also a gold stand
IngeniousElf Says:
Mar 9, 2012 - @cesar333 - Also a gold standard would allow us to have a possible bi metal currency system of silver too. Real copper and Nickel again to make up for smaller units. If the USA went back to a gold standard the mining process would pick up drastically and less gold would be made into jewelry and other items as it'll be worth more as money. The gold standard had nothing to do with the Great depression. Banks were already secretly using the Fractional reserve system which helped create the Panic
IngeniousElf Says:
Mar 9, 2012 - @cesar333 - Panic of 1907 which is supposedly what the Federal Reserve was created for yet uses this same system. If the depression was the result of the gold standard by us undervaluing it, you would have seen a ton of gold come into the country not out. Yet because we were printing more Gold Notes than there was gold to back it they had to confiscate the people gold to pay for their bad debts. They didn't learn anything from that and continued until Nixon ended it altogether.
IngeniousElf Says:
Mar 9, 2012 - @cesar333 - Lastly google Bettina Bien GreavesHow to Return to the Gold StandardNovember 1995 • Volume: 45 • Issue: 11It gives you a good sound reason on how it can be done and how it truly works!
ListWritingMachine Says:
Mar 14, 2012 - Why do you think prices are so high?
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buzzclick500 Says:
Mar 18, 2012 - : You mean how to return to making our government obey the Constitution, which is our national law? That just doesn't seem too difficult to me. If they want to remain in office, they obey American law. Too simple.
buzzclick500 Says:
Mar 18, 2012 - We can yak it out until we're broke, or we can take action. And the window is getting smaller by the HOUR. F.E.A.R.: False Evidence Appearing Real.
buzzclick500 Says:
Mar 23, 2012 - We never LEFT the gold standard--it's part of our Constitution. We never left it. It's the law. All we're seeing is the result of disobeying our own American national law.
purewhiteboy48 Says:
Mar 26, 2012 - right on
ItsTimetoPlay1 Says:
Mar 31, 2012 - It is unfortunate that gold in a whole will crash miserable once they unreal sales of stocks on gold are just high enough that many people lose alot of money, this is how they refund continued revenue calling them*crashes* in the market place...
martinezted Says:
Apr 10, 2012 - great video, watched money as debt last week, and i keep learning more and more about our economy
VredesStall Says:
Apr 11, 2012 - Here's my question: Just how much gold should a person buy??For example, suppose a person has $50,000 in savings. How much money or what percentage of that 50 grand should a person invest in gold or other precious metals?? Obviously, it would be impracticle to invest every penny of that 50 grand into gold... but what would be a logica/ intelligent amount / percentage of your income/ savings/ wealth) to invest in gold without over-reaching yourself by putting all your eggs into one basket??
abramzacharias1 Says:
Apr 14, 2012 - when the dollar value changes, not everything changes along with it, quick enough. maybe a good way to keep track of everything is to compare it to gold price. my opinion, the money value should stay the same it'd be easier for everyone
TheTrueJBV3737 Says:
Apr 23, 2012 - no thanks i'll keep my dollars, see gold and silver going up and down all the time, what if i buy a bunch then it falls 20%??? i lose like 20% instantly!Sarcasm is fun.
nosirrahx Says:
Apr 27, 2012 - Exponential growth leads to self destruction no matter the system be it printing $ or population. There is not enough gold for everyone because we made too damn many people just like we are printing too damn much $. Our economy and population will self destruct because no one thinks it will be their generation, the next one will always fix things. Chart population growth forward 100 years, we wont ever make it to that number, not even close, same goes for the national debt.
TheToddturpin Says:
May 3, 2012 - You wouldnt lose it instantly gold and silver are somewhat long term investments
TheTrueJBV3737 Says:
May 3, 2012 - read the last 3 words lol.
UnconventionalFIN Says:
May 8, 2012 - Great video! I like sharing information about precious metals on my channel too!
koppellhinex Says:
May 9, 2012 - CAPITALISM creates DRUG LORDS. LAWYERS. BANKERS. ELITE CRIMINALS. INEQUALITY. INSTABILITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. ☠ ☢ ☠ ☢ ☠ ☢ CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. NARCOPOLITICIAN. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc..HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
ConservativeCavalry Says:
May 15, 2012 - Hey Genius, just why do you think the price of gold was stable? BECAUSE THE US GOVERNMENT STAMPED A VALUE ON IT!!! The Government fixed the price of gold. This video fails to even understand the basics. Under a Gold Standard, those who have the gold make the rules, ie Russia, S Africa and Banks. A Gold Standard would destroy our economy, and it would flee the US to the Middle East and other Nations we have a trade deficit with. He also fails to point our that under a Gold Standard wages stagnate
VGMCgold Says:
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fahsha101 Says:
May 21, 2012 - wages stagnate as the price of goods decreases allowing for consumption and consumer law to actually take shape. as gold is mined (far slower than money is printed) and prices drop for basic goods and services, it allows for greater economic freedom of the masses who now control consumption rather than central banks that force poor production through subsidation of industries which results in shitty competition and eventually leads to what we have today: hyperinflaton and stagnation












RedNYello505 Says:
Mar 8, 2012 - Another great depression is coming out way this year if we the people don't stand the fuck up!