Ron Paul on The Gold Rush

Gold rose 46.34 percent from 52 weeks ago . Year to date Gold is up 28.54 percent .Bob Pisani takes you to the deepest part of the deepest mine in the world. Rep. Ron Paul, (R-TX) and presidential hopeful, weighs in on the recent gold rush.  
Ron Paul : I never think about the price of Gold I always think about the value of the dollar , traditionally for thousands of years the currencies been measured by Gold , there has been a lot of fiat currencies throughout history but never one like we have today and that's what people are discovering , the financial crisis is discovering this

Bob Chapman : If they do not hurry up and get their QE3 going , it is going to get much worse

Bob Chapman - Radio Liberty Hour 3 - 29 August 2011

Bob Chapman : If they do not hurry up and get their QE3 going , it is going to get much worse , of course they need help from the legislators but I do not think they are going to get that at least not initially , they are not going to cut anything except social security and medicare certainly not the debt , and they will take whatever they cut there and add it to the military industrial complex ...

Bob Chapman - Radio Liberty - 29 August 2011

Bob Chapman : in the past two years the average Chinese person has been a buyer of gold no matter what the price is , they are getting rid of dollars but they are also getting rid of their currency , and this will continue , china has plenty of economical problems ...