AllChromedOutVideo

GOLD VS DOLLAR

Back

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.

Channel: News & Politics
Uploaded: April 4, 2008 at 6:08 pm
Author: therealweeklynews

Length: 00:05:20
Rating: 4.78
Views: 451564

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

Video Comments:

LeftLiberalSoCal (December 4, 2008 at 4:40 pm)

Huh?

DrewAWeeks (December 4, 2008 at 10:26 am)

Okay so basically in the end there will be no inflation which matters anyway because they will put price controls on gold.

andrebjorka (December 4, 2008 at 7:07 am)

Gold obey by the laws of supply and demand. The world was a different place thirty years ago and a fixed gold price did always have to devalue once in a while. The real problem with the Dollar is that speculators use it as stocks and that's why it goes up and down together.

LeftLiberalSoCal (December 3, 2008 at 11:30 pm)

The International Bankers, basically the people behind each of the world's central banks in each country, control the price of gold. Just like they do with currency. The IMF owns allot of gold too. And they can all BUY and SELL it to each other. Causing the price to rise and fall almost at will. They own 95% of the gold and let you play with the other 5%.

goldglutton10 (December 3, 2008 at 10:56 pm)

Buy gold. Buy silver. Demand delivery.

NoSkeptics (December 3, 2008 at 12:26 pm)

The point of all this, we need to END THE FED! The federal reserve note is worthless. My old socks and toilet paper is worth more than the dollar. It's also NOT legal tender and is un-Constitutional. w w w. EndTheFed . u s

DrewAWeeks (December 3, 2008 at 10:46 am)

Is it possible investors keep inflating the US dollar though and keep it there for 10 or 15 years? What about the US building up some profitable companies because foreigners buy up all the good businesses and run them properly? How do they artificially deflate REAL gold anyway?

lydelli2004 (December 3, 2008 at 5:23 am)

don't know what to do. transfer our moneys to other currencies or buy overpriced gold bullions?

clev9980 (December 3, 2008 at 1:27 am)

while the price of gold will likely go up; getting a fair price for it once you bought it at highly inflated prices is another story.

dannno (December 2, 2008 at 5:08 pm)

Because due to worldwide market uncertainty, investors took their money out of other currencies (the Canadian dollar, the Euro, the British Pound, etc.) and flocked to the US dollar, raising its value vis-a-vis other currencies and against gold as well.

This sudden downturn in gold is a bit of an anomaly though, and once inflation really catches on in the US (and other countries) after all these "bailouts" you will see the price of gold shooting up.

HipHopCars.com Rap R&B Music Videos

HipHopCars.com Rap R&B Music Videos >> (Dollar >> GOLD VS DOLLAR

GOLD VS DOLLAR

Links:

Tags: