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Ron Paul Interview Gold - Silver and Paper Money
This 1946 Budapest 10,000,000 Bill is worth $4 to a collector today.
Will a $100 US Bill in 50 years, be worth more than the paper it's printed on ?
Paper Money Versus Gold Purchase Power Perspective
Governments continue to print more money without the equivalent gold reserve backing, making paper money worth less and less every year.
Historical Gold Prices 1833 to 2010
Spot Gold Prices
In 1923 this 25 cent bill could buy 3 loafs of bread. Today it might buy a slice of bread
The same 25 cents purchasing gold in 1923 would be worth over $19 today.
This 1966 USA $100 Bill has less then $15 "purchase power" today
A 1990 US $100 Bill has less then $60 "purchase power" today
Is Bank and Corporate Greed The Cause Of The Global Resession ?
For the average person, banks pay almost no interest on their savings and that small amount is eaten up in bank fees. Banks now rarely give out loans, instead hand out high interest 3rd party arm's length credit cards. Most have turned to registered retirement funds, real estate and or stocks to invest in, for thier retirement. Over the last few years these have been very risky and resulted in higher losses then expected. Gold has provided one of the largest investment returns for the last 30 years, but volitile in the short term.
It's Your Money Invest It Wisely
Wall Street Protest Videos
Chinese ATM dispenses gold
Gold purchased for $100 in 1966 is worth over $4,500 today
Gold purchased for $100 in 1990 is worth over $400 today
Why is it that the wealthiest 1% of the population tells the other 99% they "live beyond their means" and "will have to tighten their belts making finanical sacrifices" ?
Why does Buffet pay less tax than his secretary ?
CEOs' pay as a multiple of the average worker's pay, 1960-2007 ( Over 500 to 1 ratio in 2000 ) enlarge graph
China's Push to Be a Super Power
The Coming Collapse of the US Dollar Video
Oakland OWS Violence Video
Videos
Blood Money Music Video
Occupy The World and Hypocrisy Video
Global Bank Profits 2011
America's Largest Bank
Bank of America fires 35,000 employees after a 37% profit decline. For the first time BAC introduces debit card monthly fees. BAC reports $6.2 billion profit.
China's Banks
China’s Biggest Banks Post Record Profits
Canada's Banks
Canada’s two biggest financial institutions, Royal Bank of Canada and Toronto-Dominion, report record profits
UK's Banks
The UK's big five banks are expected to unveil combined profits of at least £32bn
Global Child Poverty
The US has the highest child poverty rate of 17 countries. Canada is not far behind.
Income inequality has continued to rise in Canada
A New World Economy
Bloomberg Businessweek reports "The balance of power will shift to the East as China and India evolve " "In the coming decades, China and India will disrupt workforces, industries, companies, and markets in ways that we can barely begin to imagine."
The Crisis of Credit Visualized - Leverage at it's Worst
Occupy Wall Street Timeline
1 Percenters Supporting 99% Percenters