( April 25th, 2006) Rep. Ron Paul speaks before the US House of Representatives. (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 1] www.youtube.com (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 2] www.youtube.com (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 3] www.youtube.com (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 4] www.youtube.com ————————————————————— (Transcript) Madam Speaker, the financial press and even the network news shows have begun reporting the price of gold regularly. For 20 years, between 1980 and 2000, the price of gold was rarely mentioned. There was little interest, and the price was either falling or remaining steady. Since 2001, however, interest in gold has soared along with its price. With the price now over $600 an ounce, a lot more people are becoming interested in gold as an investment and an economic indicator. Much can be learned by understanding what the rising dollar price of gold means. The rise in gold prices, from $250 per ounce in 2001 to over $600 today has drawn investors and speculators into precious metals markets. Though many already have made handsome profits, buying gold, per se, should not be touted as a good investment. After all, gold earns no interest, and its quality never changes. It is static and does not grow as sound investments should. It is more accurate to say that one might invest in a gold or silver mining company, where management, labor costs, and the nature of new …
Hi folks, welcome to this new format of video from Mike and Wealth Cycles. More details and articles at www.wealthcycles.com Enter this code for free access for 10 days 1110-WCDCB Once you are in the site you can access the article that Mike referred to in the clip. It is now split into three sections: “The Greatest Crash In History,” “Why a Bull Market is Impossible,” & “The Road Ahead”. Here is the first link: wealthcycles.com Please let us know if you would like to see more analysis like this. Thanks.
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Please CLICK the “LIKE” button and post COMMENTS below! This really helps us out. Thank you! Why gold/silver prices will explode higher in 2011 and coming years. The fraudulent nature of the global monetary system exposed. To learn how to fight back, visit www.smartknowledgeu.com and download our gold/silver book for free for a LIMITED TIME ONLY. Also visit www.moveyourmoney.info to support grassroots efforts to end financial fraud and to establish a new, sustainable monetary system that will benefit all world citizens. If money is not printed as debt under a true gold standard there is no need for any citizen to pay tax to pay off interest on the national debt. This is by far the largest chunk of the 33% we cut away in the example. The other portion of the 33% chunk consists of gov’t transfer payments, which would be unnecessary under a gold standard. If there is no need to pay tax to pay interest to bankers on all money that is created, then people would have more money AND a steady purchasing power that they do not have under our current system. Thus, nobody would need the services provided by any transfer payments. Other “transfer” payments just consist of taxes that serve as a “wealth transfer”, transferring money from citizens to the owners of the Fed Reserve that could be abolished under a true gold standard. Remember when Kennedy backed US dollars with silver? The money was printed with the words “United States Note”, NOT “Federal Reserve Note”. The tax we say …
Inflation shrinks the value of your money, consider getting some gold. This video is for informational purposes only. And it is merely the opinion of the producer of this video, it should not be considered investment advice. To determine if gold is right for you, seek advice from a professional financial counselor. BUY MY LATEST BOOK HERE: How To Survive An Alien Abduction And Other Useful Information www.amazon.com Barnes & Noble search.barnesandnoble.com UK www.amazon.co.uk
08/18/2010 – www.RonPaul.com – http Ron Paul talks to Chris Waltzek on GoldSeek Radio. Topics of discussion include the Financial Reform Bill, competing currencies, the gold price, and 2012. — Ron Paul is America’s leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: www.RonPaul.com http www.CampaignForLiberty.com http www.DailyPaul.com http
www.businessinsider.com Let’s face it, why else would a govt want its people to save in gold? The Chinese govt have been advising the people of China to buy gold, even going so far as to produce television programmes explaining the benefits and logistics of doing so. As we know from experience, the ability to print paper, and credit, money by fiat is a privilege held dear by governments – not something they wish, or can generally afford, to let go of. The Chinese govt are not, generally, renowned for kindness to their population so there MUST be a payoff perceived by China for the future. I wonder if the Chinese govt are going to, at some point, allow minting of gold into high-value coins denominated in their currency. There is a precedent in coins sasuch as the Panda Gold Coin. This one, from 1982 I think, has a face value of 500 yuan, which is around $73. A person who bought it at face value, when 1 oz of gold was only around 500 yuan, still has the nominal 500 yuan secured in the coin’s legal tender… but the 1 oz of gold is now worth close to 8000 yuan! Heads you hold your nominal value… tails you make a packet if gold goes up. Anyway, a massive conversion of citizen’s gold to legal tender would create a solid pm-backing for their currency financed by the savings of the population. It might also give them a real shot at taking the prize of reserve currency status from the dollar as it would increase the money supply – the liquidity available to handle demand for …
06/02/2010 – www.RonPaul.com Ron Paul is America’s leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites www.RonPaul.com http www.house.gov www.YALiberty.org http www.RonPaulForums.com