Thursday, January 20, 2011
Gold Bubble 2011?
Run up to Gold s peak in early 1980. Some newspaper articles to give you an idea of what it might look like to be in a Gold bubble plus some quick clips from Youtube Gold videos. Thanks if your vid was included in advance. Used it because I admire it. - TheBullionBoy. Music Gold by Spandau Ballet - Cheesey I know
Gold Silver Bubble Peak Price 1979 1980 Peter Schiff Max Keiser Jim Rogers Mike Maloney David Morgan Bob Chapman Alex Jones 2010 2011 2012 GATA CFTC Burst Collection Articles Crash JP Buy TheBullionBoy Bullion Boy price manipulation dollar precious metals
Gold Silver Bubble Peak Price 1979 1980 Peter Schiff Max Keiser Jim Rogers Mike Maloney David Morgan Bob Chapman Alex Jones 2010 2011 2012 GATA CFTC Burst Collection Articles Crash JP Buy TheBullionBoy Bullion Boy price manipulation dollar precious metals
A Gold standard in the fiat era
This is a movie with historical facts, issues and situations that have occurred. This will break down the whole history of a gold standard and what is all entailed of going back to one , a Gold Standard or a Mixed Metals standard would be a good idea
I think a Gold Standard or a Mixed Metals standard would be a good idea, but if you just made it a single metal like Gold, you'd have to account for the value of all new assets that have been created since Gold was the standard and re-value Gold to something like $15,000 to $25,000 per ounce or even higher. It's a better option than continuing on the fiat currency debt-based model of exponential growth. Our current system is in process of burning out and sending us into poverty and war.It always comes back to bailing out the banks. Also most of these depressions are engineered so that the banks can buy pennies on the dollar. Government and banks must not be allowed to issue any currency. It must be free market based on gold and other commodities. The line in the sand must be drawn there is no manipulation can occur. The banks would not be able to own all the gold in world(Oz People say) as they would not be allowed to issue any currency in my scenario to buy it. The easy money policies of the 20's had to be offset by deflation in the 30's. Had the government stayed out of the economy, the 30's depression would have been short lived. Check out the short lived 1921 depression.
I think a Gold Standard or a Mixed Metals standard would be a good idea, but if you just made it a single metal like Gold, you'd have to account for the value of all new assets that have been created since Gold was the standard and re-value Gold to something like $15,000 to $25,000 per ounce or even higher. It's a better option than continuing on the fiat currency debt-based model of exponential growth. Our current system is in process of burning out and sending us into poverty and war.It always comes back to bailing out the banks. Also most of these depressions are engineered so that the banks can buy pennies on the dollar. Government and banks must not be allowed to issue any currency. It must be free market based on gold and other commodities. The line in the sand must be drawn there is no manipulation can occur. The banks would not be able to own all the gold in world(Oz People say) as they would not be allowed to issue any currency in my scenario to buy it. The easy money policies of the 20's had to be offset by deflation in the 30's. Had the government stayed out of the economy, the 30's depression would have been short lived. Check out the short lived 1921 depression.
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