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 economy of the United States and why this country is in a lot of trouble financially.This video is to elaborate on my last video about the dollar and its value.
Sunday, October 24, 2010
Gold VS Dollar Educate Yourself
Prices are not going up, when you see their real value in gold and silver. The dollar is collapsing and has been for years. The dollar is now worth about 2 cents compared to 1913. A quarter dollar (in silver) will buy more gas now than in 1947. See how you have been robbed by the banksters and the fed. End the Fed or be a slave!
Bob Chapman We See Totally Surreal Markets
Bob Chapman interview with www.contraryinvestorscafe.com. 20 Oct 2010
An excerpt from Bob Chapman's weekly publication The International Forecaster :
October 20 2010: US dollar finding a temporary bottom, gold, silver, and commodities continue to make sense, mortgage scandals, surreal markets, dollar devaluation guaranteed, record deficits, US finally tries to live within its means.
As we write, the US dollar is in the process of trying to find at least a temporary bottom at 76.50 and to launch a countertrend rally. We would think a rally back to 80 is achievable, but we do not believe it’s sustainable - only some stabilization through the election. Japan drew a line in the sand at 82 and finished last Friday trading at 81.37. That does not smack of success, but we see improvement over the next two weeks.
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