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GOLD VS DOLLAR Posted by: therealweeklynews
Video duration: 320 seconds http://digg.com/busi ness_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. Related: banks, bonds, crisis, depression, devaluation, dollar, economy, federal, gold, interest, loans, recession, reserve, stocks, vs Display Video Comments | Hide Video Comments | Add Comment |
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DOLLAR VALUE DROPPING Posted by: therealweeklynews
Video duration: 284 seconds http://digg.com/busi ness_finance/DOLLAR_ VALUE_DROPPING This video is to elaborate on my last video about the dollar and its value. If you have not seen the original video, here is a link: http://www.youtub e.com/watch?v=z6NfXk 7Bvc8 If you are looking for the historical gold charts you can find them here: http://www.kitco. com/ http://www.kitco. com/charts/ Related: as, depression, dollar, dropping, economy, gold, inflation, is, market, oil, recession, rising, silver, stock, value, wheat Display Video Comments | Hide Video Comments | Add Comment |
Latest comments made on this video:
By: rsouthern. on 08 Jan 09, 16:49:25
LOL! just thought your comment was funny, this accounts accessed by numerous individuals. i think some words and a direction might have vanished....
By: ChrisRadio. on 08 Jan 09, 14:44:37
This is some serious stuff, I'm speechless.
By: aliakazhotmailcom. on 08 Jan 09, 06:11:28
guys, every world crisis or depression followed by world war, so be prepared for world war 3. its better to be ready. and dont keep ur assets in US dollars, the worlds greatest investors like W. Buffet and G. Soros all predicted the collapse of the dollar.
By: RetSquid. on 07 Jan 09, 22:17:07
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.
By: IvanKrstich. on 07 Jan 09, 21:39:33
Hey, I can teach you how to create website and sell website over the internet, great business. Real job. Click.
By: dodododa. on 07 Jan 09, 10:15:27
I just bought some gold. It's in the mail.
By: terr547. on 06 Jan 09, 20:05:52
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.
By: 7Hook. on 06 Jan 09, 00:58:06
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?
By: topgunner3210. on 06 Jan 09, 00:24:31
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.
By: 7Hook. on 05 Jan 09, 23:59:38
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?
By: topgunner3210. on 05 Jan 09, 19:54:31
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.
By: msrebel54. on 04 Jan 09, 17:43:19
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.
By: Billabyte. on 04 Jan 09, 17:39:06
but we can't return to a Gold standard, that would cause a depression!
By: thepie8u. on 03 Jan 09, 23:23:05
im not going to try to argue with you. is just easier to call you stupid. your fucking stupid
By: rsouthern. on 03 Jan 09, 08:34:43
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!
By: tinafiedler1. on 03 Jan 09, 02:55:33
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
By: tinafiedler1. on 03 Jan 09, 02:46:29
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
By: tinafiedler1. on 03 Jan 09, 02:30:12
rabbit2110: I agree with you. They will use this crisis to ram the North American Union down our throats and then Codex Alimentarius.
By: tinafiedler1. on 03 Jan 09, 02:28:11
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
By: pkhamidar2com. on 02 Jan 09, 20:57:21
DUDE, SERIUSLY, this guy is just telling us what he thinks, no need to swear!
By: alexia2099. on 02 Jan 09, 01:23:39
goooooowwld!!
By: youmatthewnel. on 01 Jan 09, 17:08:43
Brilliant and factual
By: 7Hook. on 01 Jan 09, 02:16:47
someone actually tried arguing that fiat currency is good? at least he had the sense to back out really fast.
By: MatrixMarc. on 31 Dec 08, 23:34:48
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
By: vrnjak. on 31 Dec 08, 06:35:59
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?