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In Gold we Trust

Back to the gold standard?


Added: Apr-13-2012 Occurred On: Apr-13-2012
By: dcmfox
In:
Politics
Tags: Dylan Ratigan, going, back, gold, standard
Views: 1351 | Comments: 33 | Votes: 0 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • Now the talking heads see the Ron Paul's mentality and are giving credit where it's due,..lol
    just wait for the Convention,.Ron Paul is going to dance all over these puppets running for office with shear straight up answers that our Country needs to pursue,.
    When the Whole Nation can watch all at once Nationally televised,the Big media can't stop Ron Paul's overwhelmingly resolve for our Country to be shown to everyone tuning in,.,and the Delegates will look stupid voting otherwise,..
    That's why More..

    Posted Apr-14-2012 By 

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    • @Zardoz003
      I think we should abolish the Federal Reserve and establish a REAL American Reserve,owned by the people,..for the people,meaning all profits from loaning the money goes back to the people,.a total self supporting system,with no personal gain from the actual source of the new American Reserve ,.how we get there would have to be done systematically,.

      Posted Apr-15-2012 By 

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  • When even MSNBC starts to warm to gold, it's time to be very, very scared about the dollar.

    Posted Apr-14-2012 By 

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    • @buzzardist

      Would agree normally, but this Dylan guy hates both parties.

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    • @Zardoz003

      I guess its at both fringes that we get the conspiracy theorists, gold bugs, and the like. My surprise is MSNBC hawking gold. MSNBC leans way left, but it is still very establishment.

      Who on the far left was predicting the collapse? I know of many people on the right who for years predicted the current situation, people like Ron Paul and Peter Schiff, along with more fringe people who have been saying the same thing for decades. I remember hearing, "The collapse is coming- More..

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  • Dude towards the end is wrong. Gold is not a commodity, it's a currency. And the reason it makes a great currency is because it's pretty much useless at everything else, and NOT subject to market forces. Gold has not changed in value in hundreds of years.

    Posted Apr-14-2012 By 

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    • @truth2012

      I'm generally a supporter of gold, but what you state is part of a gold bug myth. Gold has not held a fixed value over hundreds of years. Gold, whether you want to call it a currency or commodity, has fluctuated greatly in relation to the value of other goods. One feature of gold is, as this clip notes, that it has relatively few other uses. We can't eat gold. Today, we have some industrial uses for it, but not nearly enough to dent the gold supply. Historically, gold was most More..

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    • @truth2012 Gold hasn't changed in values in hundreds of years? Are you retarded? Why is it that the stupidest people always end up debating the most advanced subjects? There was a massive gold bubble in the 80s just like there is now. A lot of these doomsdayers are going to be crying to their mommies when the prices tumble again.

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    • @steme
      where are you getting your info that gold is going come down in price??... Ben Bernanke???

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    • @steme The 'bubble' as you call it is not function of the value of gold changing, it's a function of the value of money changing. As one example, look at this chart that prices oil in dollars and gold. Tell me which is the more stable currency? http://www.ridelust.com/wp-content/uploads/oilgoldsm.jpg

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    • @buzzardist It's not so much the gold fluctuating as it is supply and demand forces of whatever your measuring with gold. I agree that a gold standard is not perfect. I also agree that getting to a gold standard would likely result in an economic depression for some time. However, IMO it's needed medicine. How long can central banks continue to produce more and more debt without serious ramifications (currency collapse, or hyper inflation)?

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  • Look at the retards we have running the show now. They can't even handle running a system thats based on printing money out of thin air, and they screw that up. How incompetent are you when you eat the goose that laid the golden egg?

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  • Don't talk about the gold standard. You will be assassinated, or there will be a "popular uprising" to remove you from power. Then they kill you.
    http://3.bp.blogspot.com/-fRtBxipp_tg/TqGVH_2F6lI/AAAAAAAAA5Q/Z-Hq0BsH3CY/s1600/gaddafi-dead.jpg

    Posted Apr-13-2012 By 

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    • @castanza128

      Glad I'm not in power..Kaducki had something like 40 billion dollars and died in a fucking storm drain.

      If I were him I would have had 100 million dollars and spent the rest on the people and the country.

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  • FYI, all the gold held in the world would fit in a cube 60 feet (about 20 m) on a side.
    Unless there are aliens capable of transmuting elements, all the gold in the universe was and is being created in supernova explosions.

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  • The cookie jar is empty, only thing Fort Knox is full of is echoes.

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  • 100 years ago if someone were to give you a $20 gold double eagle or a $20 dollar bill which would you rather have today? No contest!

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    • @Zardoz003 You are correct, I should have gone back to only 1980

      Posted Apr-15-2012 By 

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