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DOLLAR VALUE DROPPING



Uploaded by: therealweeklynews
Video Description:
http://digg.com/business_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.youtube.com/watch?v=z6NfXk7Bvc8
If you are looking for the historical gold charts you can find them here:
http://www.kitco.com/
http://www.kitco.com/charts/

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Comments for this video on YouTube
good thinking ( 1 month ago by eminemfan211)
good thinking
I agree :! I mean ... ( 1 month ago by masticina)
I agree :! I mean you think you save money on the bank but..if america keeps up with this inflation the money you save today is worth much less when you need it.
As they say buy gold, buy silver..buy things that are not effected by inflation!
like someone said, ... ( 1 month ago by masticina)
like someone said, america was acting like it was stranded on an island with 8 chinese and did get the chinese to do all the work, get all the food and then ate most of it.
And now..it seems that even the american can't deny that island would be better of without him.
Interesting that ... ( 1 month ago by flangelet)
Interesting that gold is FALLING (14Oct2008) even though we are in a crisis meaning that if you bought gold in the last 30 days you have lost money!
A gold bubble? Is the case for gold being overdone?
I like this video ... ( 1 month ago by flangelet)
I like this video UNFORTUNATELY it doesn't tell the whole story!
Since it was made, the us economy has gotten MUCH MUCH WORSE with hardly a week going by without some major catastrophe AND YET gold is now (14Oct2008) $830oz & NOT $930oz.
Why? Surely if it were as simple as stated in the video, gold should be $1100oz and since mints are minting gold coins like there's no tomorrow because demand is high, shouldn't gold should be $1000+ & yet it ISN'T!
What are you NOT being told?
gold and silver is ... ( 1 month ago by aquafishsoup)
gold and silver is real money has been always will be
the government ... ( 1 month ago by aquafishsoup)
the government could be artificially lowering the it's value too make it look like their dollar is strong
The us government ... ( 1 month ago by flangelet)
The us government has no control over the gold price. Gold is sold all over the world and the us government only has power in the american markets and that's small now compared to world trade.
Just in case you didn't know, the usa is not the world. There is a big world out there!
Spot prices are set in London by the Arab/Asian/Russian/Indian/Australian traders.
The usa has little to say about it since so little of the gold in the usa is owned or controlled by the us government!
i was sure thats ... ( 1 month ago by aquafishsoup)
i was sure thats why i said it could be now calm down buddy
Well it cannot. No ... ( 1 month ago by flangelet)
Well it cannot. No 'could' about it.
Daft to even suggest it.
got it punk ( 1 month ago by aquafishsoup)
got it punk
very good ( 1 month ago by utuba69)
very good
I'm glad you ... ( 1 month ago by flangelet)
I'm glad you finally got it.
okay punk i got it ( 1 month ago by aquafishsoup)
okay punk i got it
The point on ... ( 1 month ago by Moggallanna)
The point on inflation is good, but I just watched " The Money Masters " on youtube which speaks out against a gold standard. The reason is because over the past hundred years or so virtually all gold has been horded by central banks especially the IMF. Any comments on this?
If you want to know ... ( 1 month ago by flangelet)
If you want to know what happened to "all the gold the us government owns" then search for The Gold Commision appointed by Ronald Reagan!
LOL
"All your Fort Knox are belong to us!" LOL
This is the real ... ( 1 month ago by ForJustice007)
This is the real value of US Dollar because USA is printing money for decades
So is this why the ... ( 1 month ago by kaneose)
So is this why the stock market can't keep its self stabled.
This is a good ... ( 1 month ago by hansolo909)
This is a good explanation of inflation and how it is destroying the value of the dollar, but what you failed to mention is the root cause: the fractional reserve banking system set up by the Federal Reserve. The Fed is the cause of the problem because it can create money out of thin air and it charges interest to the government to do it. If you really want an in-depth explanation of this watch The Money Changers on Google videos.
Array ( 2 weeks ago by dennis27391)
you love this?
then watch the movie zeitgeist.
If you want to ... ( 2 weeks ago by flangelet)
If you want to understand the Federal Reserve, I refer you to Chapter2 of the excellent book "Wall Street and the Rise of Hitler" by Antony Sutton.
Reading it now and it's an excellent book. You yanks should be ashamed of your secret past!
Check out the bit on war criminals and George Bush's grandfather!
LOL
Yes, Zeitgeist is ... ( 2 weeks ago by muntix)
Yes, Zeitgeist is one of the best movies on economics i've seen so far.
Your comparison of ... ( 1 week ago by mszs)
Your comparison of the gold price and the inflation is flawed. As long as the universities are not require to be paid in gold you will only lose they raise the prices. Gold has become a means for speculation and thus is no indicator for inflation. I also cannot understand why the prices must rise when there is more money in circulation.
Just type "JBS end ... ( 2 days ago by r3dredwine)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!
Send To Congress Share With Everyone



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