Posts Tagged ‘Ron’
1958 US Mint Silver Proof Set opening
I purchased 4 1958 US Mint Proof sets from Proof Sets dot com. Just starting to invest in silver. More videos soon. Music: Here We Go Magic — Make Up Your Mind
Bullion & Coin Blogs
Jim Rogers: Audit the Fed, Then Abolish It
Yahoo Finance Tech Ticker – December 10th, 2009 Count famed investor Jim Rogers as an ardent support of Congressman Ron Paul’s effort to audit the Fed. The Fed is “the only institution in the world I know of that doesn’t expect to be audited,” Rogers says in the accompanying video. “It’s incomprehensible to me these people are saying they have no reason to be audited — they must have done something wrong, must have something to hide.” A longtime critic of Ben Bernanke and his predecessor, Rogers goes a (big) step further than merely auditing the Fed, suggesting we get rid of the central bank altogether. “We don’t need the Fed. The Fed is making our lives miserable,” the famed financier says. “The Fed is printing huge amounts of money, which we’ll have to pay for sometime. The Fed is borrowing gigantic amounts of money on their balance sheet…the numbers are so staggering that this is going to have ramifications before too much longer.” With an eye on history, Rogers notes the current Fed is America’s third central bank: the First Bank of the US was created in 1791 with a 20-year charter. The Second Bank was created in 1816 with the same term. The current Fed was chartered in 1913. Arguably, the current Fed is the nation’s fourth central bank if you count the National Banking Act of 1863-64, but Rogers’ point remains the same: America survived and prospered without a central bank for long periods and can do so again. If Rogers is right, this won’t be an academic …
Bullion & Coin Blogs
Collapse of Western Economy. (part 1.) Back To Gold.
TELEGRAPH September 12, 2008. Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signalling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East. “This is a very dangerous situation for the dollar,” said Hans Redeker, currency chief at BNP Paribas. “Saudi Arabia has 0bn (£400bn) in their future generation fund, and the entire region has 00bn under management. They face an inflationary threat and do not want to import an interest rate policy set for the recessionary conditions in the United States,” he said. The Saudi central bank said today that it would take “appropriate measures” to halt huge capital inflows into the country, but analysts say this policy is unsustainable and will inevitably lead to the collapse of the dollar peg. As a close ally of the US, Riyadh has so far tried to stick to the peg, but the link is now destabilising its own economy. Source: www.telegraph.co.uk __________________________________ TELEGRAPH June 19, 2008. The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. “A very nasty period is soon to be upon us – be prepared,” said Bob Janjuah, the bank’s credit strategist. A report by the bank’s research team warns that the S&P 500 index of Wall …
Bullion & Coin Blogs
Money – A Brief History Of The American Dollar – Part 1 of 2
Part 2 Here: www.youtube.com Educational video explaining the Constitutional and legal history of the US Dollar. This video contains many high resolution images showing many examples of all the the money the United States has produced since the very beginning. This is the thinking of the people who support a return to the Gold Standard, and rightful Constitutional money. I used nothing but established historical facts, and clear images of the money itself. This is what Ron Paul is talking about, and this is WHY we have the crisis we have now. Regardless of partisan politics, or economic philosophy, gold and silver money is the law. It’s vitally important all Americans understand what exactly a dollar IS. Total Running Time – 13:25
Bullion & Coin Blogs
2/5 TRILLION DOLLAR BONE USA. THE WARNING CON JOB!
5000000000000.00 OTC Derivatives Freud coming out of WALL ST. this is part 2 of 5.