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GOLD VS DOLLAR

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http://digg.com/business_finan... 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.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: therealweeklynews

Length: 05:20
Rating: 4.78
Views: 448588

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

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Video Comments

offdaheez (November 30, 1999 at 12:00 am)
^thats the paper gold market...not the physical market...there has been a lot of manipulation of prices but the physical value of one ounce is still around $1000-$1100...so DONT buy paper/electronic gold securities...buy physical gold
DrewAWeeks (November 30, 1999 at 12:00 am)
Why did gold crash recently and get to $750?
JusticeLeague9 (November 30, 1999 at 12:00 am)
Every president since 1913 knew about this plot to enslave America. Your money steals from you by design. You work for all this paper that you think represents gold and then suddenly there's no gold behind it. They've taken your gold in return for worthless paper. Then everyone has a trillion worthless dollars in their kitchen while your gold has been converted to yachts and Bentleys and islands. Enjoy your paper. Good luck finding us! It's like retrograde enslavement. Work now pay later.
JusticeLeague9 (November 30, 1999 at 12:00 am)
You'd have to pee on the graves of every president since 1913. They ALL knew about this and the dangers involved. Your money steals from you by design. You work for all this paper that you think represents gold and then suddenly there's no gold behind it. So they've taken your gold in return for worthless paper. Then everyone has a trillion worthless dollars in their kitchen while your gold has been converted to yachts and Lamborghinis and islands. Enjoy your paper. Good luck finding us!
Hibbitt99 (November 30, 1999 at 12:00 am)
The Federal Reserve is a joke. We've been screwed since our banking system was taken over by private investers.
blueballzstudio (November 30, 1999 at 12:00 am)
You don't have to buy gold buy the ounce. there are half ounce, quarter ounce, and even 1/10 ounce gold coins. Silver is also another option.
Sepero1 (November 30, 1999 at 12:00 am)
W Bush is the new worst president ;o)
Jun9175305 (November 30, 1999 at 12:00 am)
I like to wipe my ass with crisp brand new dollar bills.Then use it as a SHIT DOLLARYEAH!
offdaheez (November 30, 1999 at 12:00 am)
this video is spot on...we have a fiat money system- this means that our money is backed by nothing and the only thing that gives our money value is how much is in supply - so the greater the supply the lower the value of each individual dollar, now go take a look at the increase in money supply over the last eight years (the M3 supply)...now add the 7 trillion created out of thin air for the bailouts and you have a dollar that is worth less than one-third of what it was just eight years ago
calholli (November 30, 1999 at 12:00 am)
don't you get it, the dollar is supposed to be equally based on how much gold we have. So the more you print EXTRA money that we don't equally have in gold, the more dollars it will take to buy the same amount of gold. Of coarse it keeps up with it, the rise in gold is DIRECTLY linked to inflation. Its like the govt. is borrowing money from a bank that doesn't exist so we pay for it by spending our same little income on the ever increasing price of goods. The dollar is simply not worth a dollar!

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