Added: Apr 4, 2008

From: therealweeklynews

Duration: 5:20

http://digg.com/business_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.

Channel: News

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


Rating: 4.78 (14038 ratings)    Views: 451389' favoriteCount='5125    Comments: 25

calholli Says:

Nov 29, 2008 - Great video! looking at some comments i can see people still just do not understand what you are saying. It is very simple, like supply and demand, the more quantity you have of something the less its value. The more we print our fake money that we have nothing to back up with the more prices are going to rise on anything of value, and with the govt. throwing aroung billions after billions like they don't understand how many zeros that is, the dollar is in for a drop no one is ready for.

calholli Says:

Nov 29, 2008 - 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!

offdaheez Says:

Nov 29, 2008 - 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

Jun9175305 Says:

Nov 29, 2008 - I like to wipe my ass with crisp brand new dollar bills. Then use it as a SHIT DOLLAR YEAH!

Sepero1 Says:

Nov 29, 2008 - W Bush is the new worst president ;o)

blueballzstudio Says:

Nov 29, 2008 - 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.

Hibbitt99 Says:

Nov 29, 2008 - The Federal Reserve is a joke. We've been screwed since our banking system was taken over by private investers.

JusticeLeague9 Says:

Nov 30, 2008 - 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!

JusticeLeague9 Says:

Nov 30, 2008 - 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.

DrewAWeeks Says:

Dec 1, 2008 - Why did gold crash recently and get to $750?

offdaheez Says:

Dec 1, 2008 - ^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

mreisma Says:

Dec 2, 2008 - FFFFFFFUUUUUUUCCCKKKKKK!

kingfugazi Says:

Dec 2, 2008 - Thats what I am asking. But this video says the price of gold dropped in the Great Depression (1931). I am swayed to believe that as Americans become more aware of the control of the system, Money, Money, Money- that we will be assaulted by the powers that be more & more. The USD drops & so does Gold? B.S.! Now, after nationwide protests to End the Fed (11/25/08), U.S. Troops are being stationed HERE as "Consequence Management Response Forces" (Washington Post 12/01/08).

DrewAWeeks Says:

Dec 2, 2008 - Thanks for explaining not to buy paper gold. I didn't realise that. I'm still researching this.

dannno Says:

Dec 2, 2008 - 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.

clev9980 Says:

Dec 2, 2008 - 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.

lydelli2004 Says:

Dec 3, 2008 - don't know what to do. transfer our moneys to other currencies or buy overpriced gold bullions?

DrewAWeeks Says:

Dec 3, 2008 - 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?

NoSkeptics Says:

Dec 3, 2008 - 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

goldglutton10 Says:

Dec 3, 2008 - Buy gold. Buy silver. Demand delivery.

LeftLiberalSoCal Says:

Dec 3, 2008 - 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%.

andrebjorka Says:

Dec 4, 2008 - 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.

DrewAWeeks Says:

Dec 4, 2008 - Okay so basically in the end there will be no inflation which matters anyway because they will put price controls on gold.

LeftLiberalSoCal Says:

Dec 4, 2008 - Huh?

racoonzdinner Says:

Dec 4, 2008 - vis a vis , i'm on a high horse. luckily i'm on 'who gives a fuck' juice. so no matter what happens to the us economy i'll still be happy.