Posts Tagged ‘schiff’
http://kingworldnews.com
James Turk has been heard on CNBC, Bloomberg and many radio shows across the country. James is also Chairman and Founder of GoldMoney.com. In this interview James discusses gold, the U.S. Dollar, silver, hyperinflation, the Federal Reserve, preserving purchasing power, the Fear Index, foreign currencies, gold and silver shares, consolidation in the mining sector and much more. James is one of the most highly respected names in the world when it comes to precious metals and he coauthored The Collapse of the Dollar with John Rubino.
Duration : 0:10:0
Alert - 10 May 2009
The US Dollar Breaks Down
Last week the US dollar dropped 2.7% against both the euro and the Swiss franc. The dollar fell 2.4% against the basket of currencies comprising the US Dollar Index.
The dollar has been in a bear market rally since last July. Last weeks decline is further evidence that this bear market rally has ended, which is clear from the following chart.
http://goldmoney.com/en/images/commentary-images/commentary-charts/alert_2009-05-10a.jpg
The last bear market rally in the US Dollar Index topped out on November 16, 2005 at 92.33 (green dashed line). The current bear market climbed to only 89.11, well below the previous peak, which is a clear sign of weakness. The pattern of lower highs therefore remains intact, confirming that this index is still declining within a long-term downtrend.
Importantly, we can see that the US Dollar Index has now broken down from the uptrend channel marking the present bear market rally. Then on Friday it easily knifed down through its 200-day moving average, currently at 83.01. Next support for the index rests around 80, which marked the December 2004 low (red dashed line).
It is too early to say that the US Dollar Index is headed for a new all-time low. It may be that this index is just moving into a broad trading range, say, between 89.11 and the black dashed line. After all, the euro and other currencies that make up this index are not in much better shape than the dollar. In other words, the purchasing power of all national currencies is being inflated away.
http://GoldMoney.com/en/commentary/2009-05-10.html
Duration : 0:3:20
http://kingworldnews.com
James Turk has been heard on CNBC, Bloomberg and many radio shows across the country. James is also Chairman and Founder of GoldMoney.com. In this interview James discusses gold, the U.S. Dollar, silver, hyperinflation, the Federal Reserve, preserving purchasing power, the Fear Index, foreign currencies, gold and silver shares, consolidation in the mining sector and much more. James is one of the most highly respected names in the world when it comes to precious metals and he coauthored The Collapse of the Dollar with John Rubino.
Duration : 0:8:35
Video about Bailout Bag [7min]:
http://www.youtube.com/watch?v=Si-foEjFxU0
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Video about Food Storage [10min]:
http://www.youtube.com/watch?v=Y0nT0HRbf-c&feature=channel_page
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Obama will tax carbon, expensive electricity [10min] :
http://www.youtube.com/watch?v=LwKfkcpHwbM
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Duration : 0:10:8
http://kingworldnews.com
James Turk has been heard on CNBC, Bloomberg and many radio shows across the country. James is also Chairman and Founder of GoldMoney.com. In this interview James discusses gold, the U.S. Dollar, silver, hyperinflation, the Federal Reserve, preserving purchasing power, the Fear Index, foreign currencies, gold and silver shares, consolidation in the mining sector and much more. James is one of the most highly respected names in the world when it comes to precious metals and he coauthored The Collapse of the Dollar with John Rubino.
Duration : 0:10:0
Go to http://www.goldiac.com/ to open a free gold storage account.
The gold standard is a monetary system in which a region’s common media of exchange are paper notes that are normally freely convertible into pre-set, fixed quantities of gold. The gold standard is not currently used by any government, having been replaced completely by fiat currency, and private currencies backed by gold are rare.
Gold standards should not be confused with their historical predecessor, “gold-coin standards”, wherein taxes are payable in either gold coins or overvalued, government-minted and less expensive coins.[citation needed]
The main purpose of either government money system has historically been to provide seigniorage, or money-creation profit, to governmental leaders in order to provide them with general purchasing power during emergencies, especially those leaders who are legislatively constrained and therefore unable to raise taxes in order to execute the defense commitments that are required for the survival of their states.
Go to http://www.goldiac.com/ to open a free gold storage account.
Gold standards replaced gold-coin standards in the 17th-19th centuries in the West as the extent of defensive warfare expanded to where the gold-coin standards were no longer sufficient to the task. A similar history generated a gold standard in China from the 9th through the early 17th century. As gold standards have created deflationary periods they have been abandoned, as by President Roosevelt during the Great Depression.
RON PAUL
Ronald Ernest Paul (born August 20, 1935) is a Republican United States Congressman, physician, and bestselling author from Lake Jackson, Texas. He is regularly featured on CNN and other US News outlets, and has a large base of supporters often called the “Ron Paul Revolution.” He is also the founder of the Campaign for Liberty.
Originally from the Green Tree suburb of Pittsburgh, Pennsylvania, he graduated from Gettysburg College in 1957, then studied at Duke University School of Medicine; after his 1961 graduation and a residency in obstetrics and gynecology, he became a U.S. Air Force flight surgeon, serving outside the Vietnam War zone. He represented Texas districts in the U.S. House of Representatives (19761977, 19791985, and 1997present). and entered the 1988 presidential election, running as the Libertarian nominee while remaining a registered Republican. He placed a distant third. He was a candidate in the 2008 Republican presidential primaries, where he was placed fourth, and refused to endorse the candidate chosen by the 2008 Republican National Convention, John McCain.
Paul has been described as conservative, Constitutionalist, and libertarian.[2] He advocates a foreign policy of non-intervention, having voted against actions such as the Iraq War Resolution, but in favor of force against terrorists in Afghanistan. He favors withdrawal from the North Atlantic Treaty Organization and the United Nations, citing the dangers of foreign entanglements to national sovereignty. Having pledged never to raise taxes, he has long advocated ending the federal income tax, scaling back government spending, abolishing most federal agencies, and removing military bases and troops from foreign soil; he favors hard money and opposes the Federal Reserve. He also opposes the Patriot Act, the federal War on Drugs, No Child Left Behind, and gun regulation. Paul is strongly pro-life and has introduced bills to negate Roe v. Wade, as he believes the Supreme Court has usurped each state’s right to allow, regulate, or ban abortion.[3]
His book, The Revolution: A Manifesto, became a bestseller immediately upon release[4] and went on to be #1 on the New York Times nonfiction best sellers list.
Duration : 0:10:59
www.SchiffMoneyBomb.com
The Peter Schiff For Senate MONEY BOMB is on July 27th, to commemorate the 315th anniversary of the Bank of England’s Royal Charter - the beginning of government-manipulated banking as we know it.
Go to www.SchiffMoneyBomb.com to pledge! On Monday, July 27th, give as much as you can to Peter Schiff’s exploratory campaign to show him how devoted we are to his message, and how eagerly we want him to run.
www.SchiffMoneyBomb.com
www.SchiffMoneyBomb.com
www.SchiffMoneyBomb.com
www.Schiff4Senate.com
Duration : 0:6:6
Peter Schiff on CNBC on 2008.10.23 about dollar and gold
Duration : 0:5:56
Are Gold and Silver a GREAT investment? If so, for what time frame…in the short, medium or long term.
Is gold investing all about timing? And will a time like the early 80s when Gold and Silver crash come again?
Add me as a friend on Facebook!
http://www.facebook.com/harryc
Many believe that We all know that we are at the stage where ALL governments around the world are printing fiat money to such an extent that Gold and Silver have nowhere to go but up.
However, my question to you all is…what will this world be IF and WHEN there is a collapse in fiat money? How will we go about our daily lives? Will gold and silver be the new medium of exchange? Will it be safe to trade in gold and silver if only 1-3% have enough to trade?
Your comments will be greatly appreciated!
Duration : 0:9:24
Please visit http://www.stockshotz.blogspot.com for more great info. Hear our interview with James Turk from February 19, 2009. You can add James Turk to the list of people that agree with Peter Schiff that an ounce of gold will equal the Dow Jones industrial average. Hear his perspectives!
Duration : 0:10:0