GOLD 1980 Vs. TODAY

Posted: February 18, 2012 in Current Events, Economic Views, Federal Reserve, Gold

This clip discusses key differences between the gold boom of 1980 and today.  What we are seeing today is nothing like 1980.   As I have said many time the real bubble is US Dollars and US Treasuries.  What we are seeing is the Federal Reserve desperately trying to hold onto their global reserve status and going to war with anyone who will not accept dollars. 

When you look under the war propaganda surface you will see most countries we attack either stopped excepting dollars, in the process of not accepting dollars or they were in the process of trying to create a sound currency backed by gold. 

Iran for example has is not excepting dollars for oil, while excepting gold bullion or other currencies.   This act alone makes war with Iran imminent. 

The head of the snake is the Federal Reserve who is desperately trying to hold on to their power.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s