Former Rep. Ron Paul, (R-Texas), on investing in gold and concerns of a potential collapse of the monetary system. Watch Stuart Varney talk about Congress on Varney.
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Пікірлер: 58
@CruzDeLaLoma3 жыл бұрын
He bold face told Ron "There's no inflation." LOL I knew Ron would have something to say about that.
@nailspine25538 жыл бұрын
We don't have inflation? Does this nut do his own grocery shopping or what??
@adamromero
3 жыл бұрын
I thought am I going crazy or is he. He must live on another planet.
@OVERHERE-OVERHERE8 жыл бұрын
We should listen...
@tooge473 жыл бұрын
About the time this aired, I ended a 35 year career of trading stocks, bought a LOT of gold at these prices. Now, look at gold 's price TODAY and tell me if I came out smelling like a rose
@burnsbooks693 жыл бұрын
Gold is now $1,745.80 as of March 17th. 2021
@balancesun17
2 жыл бұрын
Gold today April 5th, 2022 is $1929.79 down $-9.25
@serraios19894 жыл бұрын
The time is now!
@888strummer8 жыл бұрын
There is a lot of inflation; despite what the government says. Anyone who's gone food shopping in the past month knows this, as do building contractors and remodelers and any homeowner who's done any home improvements recently. There is also lots of inflation the past 3 years in health care costs, college and many other products and services. Basically people's money is buying less and less each year, despite what the government and many financial "experts" say
@MakMuk
8 жыл бұрын
+888strummer There is not a "lot of inflation" anywhere. Some items go up, some go down. Unless you cherry pick some food item that is up due to bird flu or drought, you are not seeing anything increase a whole lot. You are wrong.
@seandunn2062
8 жыл бұрын
+Mak Muk I'm not an economist, but I don't think just looking at prices at the supermarket being high of low constitute a gauge for inflation. I'm sure there are many other aspects that need to be looked at other than just prices of products.
@MakMuk
8 жыл бұрын
+Sean Dunn No kidding. Tell that to the inflation truthers who ask whether you go shopping for groceries when you tell them inflation is low.
@d_man_beats
8 жыл бұрын
+888strummer - Exactly. Inflation happens every year or it can even happen quarterly. The Federal Reserve will lie through their teeth to keep the confidence in the dollar at its highest in order to keep their entire Ponzi scheme of money-printing going. The private owners of the FED need to build their wealth somehow too, right?
@MakMuk
8 жыл бұрын
Steve D The Fed is lying? Hahahahaa..........sure thing idiot.
@firstlast35074 жыл бұрын
2:30. The time you want is 01/03/2020.
@luxurygoldinvestments57667 жыл бұрын
Great video so informative!
@scott491402 ай бұрын
No inflation wow these people just do not understand the true definition of it, an expansion in the supply of currency and credit out of thin air, leading to a decrease in the purchasing power of the currency due to distortions in the supply and demand fundamentals, which every country has been doing since we left gold funilly enough in 1971
@LibertarianStuff4 ай бұрын
Ron Paul absolutely took that guy to school!!
@somerandomguy69774 жыл бұрын
More relevant now than ever
@TheChurchofCacti4 жыл бұрын
Bitcoin has somewhat taken away from Gold's value. There would already be digital Cold Coins, backed by actual gold, that would be running the Digital World if not for Bitcoin creating the Algorithm
@sdmagik12 жыл бұрын
Looking back gold was a bad play. Should have just put it in SPY. It’s still a bad play.
@UnspokenWords2010Ай бұрын
Gold hit all time high of $2,413 on April 19th 2024. Keep it going so those in the future can look back to the past when we yried to tell them to buy gold and silver. Emd the Fed!
@rahulparikh61832 ай бұрын
Well this aged well in 2024
@sibkiss20092 жыл бұрын
Gold is going up to $2000 today, maybe higher.
@mickyhovis8 жыл бұрын
there is to much fake gold on the market even respected dealers are being scammed
@d_man_beats
8 жыл бұрын
+Pincher Crowley - Fake gold, yes. You are right. The fake gold is the paper contract. Gold would be worth X8 or X9 what it is worth right now if paper contracts didn't exist. If you own the ounces of gold, you own the ounces of gold. The rest of the people trusting those companies to hold their gold are trusting the stock market of gold notes. It's as simple as that.
@mikelkiparski638
8 жыл бұрын
+Steve D //lots of fake ounces of gold these have been introduced to sow distrust of real gold coins also real gold is depressed by paper gold and our fiat money is depressed by printing more
@d_man_beats
8 жыл бұрын
Mikel Kiparski That's right. The more money that is printed, the less it's worth and the more paper gold contracts are bought and sold daily. This drives down the real price of gold.
@Rapturo_to_YESHUA
6 жыл бұрын
One only needs to buy gold testing kit to check for fakes.
@frankmcgarry3155
3 жыл бұрын
Don’t buy from China and you should be good
@theomanzano51577 жыл бұрын
One thing to consider when investing in gold is taxes. It's a bit different than a regular job, but definitely worth it. Check out GoldStratz for the resource you need to maximize your returns.
@luckysol74865 жыл бұрын
?????.
@MRC673 Жыл бұрын
this didnt age well
@marianoortega6725
10 ай бұрын
Yes it did lol wym
@mikelkiparski6388 жыл бұрын
property or gold???property rental income / gold ?? dead capital
@scratchking3205
8 жыл бұрын
Unfortunately an asset class like property during serious turmoil would drop like a wet leaf
@progresskid8161
5 жыл бұрын
1 oz of gold can buy an Acer of land in Venezuela right now! Gold is a savings for hard times not an investment and it can be put to use and made an investment unlike paper money. #Think
@Beast777Mode
3 жыл бұрын
if dollar crashes $1500 in rent will be like $2.00. Gold holds its value
@mattblanks24153 жыл бұрын
Who's right now you fox news liars
@calamitybabs1628 жыл бұрын
In a Twilight Zone episode when a guy travels back from the future and wants to get rid if or sell gold he cannot. He was told that water was worth much more which is so true now. You can't drink gold to get hydrated, Mr. Paul.
@scratchking3205
8 жыл бұрын
Its been valuable for 5000 years. The mere fact you are using an episode of a fictional show written by someone qho was a paranoid man shows you dont have a leg to stand on.
@progresskid8161
5 жыл бұрын
100 percent in the future more of our technology will be relying on Gold. Water is only more valuable than Gold when it cant be found as long as water is available it is not more valuable than Gold.
@StraddlerSales
10 ай бұрын
no wtf in what world is water more valuable than gold? maybe when a crisis comes and all the water dries up.... but til' then i'll be keeping my gold
@kriskaiser338 жыл бұрын
Come on Ron, Gold is rigged beyond belief.
@mikelkiparski638
8 жыл бұрын
+G Ph /everything is rigged
@kriskaiser33
8 жыл бұрын
Mikel Kiparski You got that right. 3 years ago I sat down with a friend and we attempted to uncover the REAL price of physical Gold & Silver. Using dozens of data points we came to this: 1 oz. Gold = $500 1 oz. Silver = $70 I still buy physical Silver from time to time (which is a crapshoot due to shorting) but Gold is a total joke.
@mikelkiparski638
8 жыл бұрын
+G Ph /there is no real price of anything really only the price the seller wants and the buyer is prepared to pay it is manipulated /rigged / made into law / shortages are created/surpluses are made/ all to confuse or for military purposes. With my spare,spare,spare cash I like to buy silver coins and small gold coins 1/10 ounce kruger rands as an insurance against what??? who knows???it gives me peace of mind.[[a horse a horse my kingdom for a horse]]
Пікірлер: 58
He bold face told Ron "There's no inflation." LOL I knew Ron would have something to say about that.
We don't have inflation? Does this nut do his own grocery shopping or what??
@adamromero
3 жыл бұрын
I thought am I going crazy or is he. He must live on another planet.
We should listen...
About the time this aired, I ended a 35 year career of trading stocks, bought a LOT of gold at these prices. Now, look at gold 's price TODAY and tell me if I came out smelling like a rose
Gold is now $1,745.80 as of March 17th. 2021
@balancesun17
2 жыл бұрын
Gold today April 5th, 2022 is $1929.79 down $-9.25
The time is now!
There is a lot of inflation; despite what the government says. Anyone who's gone food shopping in the past month knows this, as do building contractors and remodelers and any homeowner who's done any home improvements recently. There is also lots of inflation the past 3 years in health care costs, college and many other products and services. Basically people's money is buying less and less each year, despite what the government and many financial "experts" say
@MakMuk
8 жыл бұрын
+888strummer There is not a "lot of inflation" anywhere. Some items go up, some go down. Unless you cherry pick some food item that is up due to bird flu or drought, you are not seeing anything increase a whole lot. You are wrong.
@seandunn2062
8 жыл бұрын
+Mak Muk I'm not an economist, but I don't think just looking at prices at the supermarket being high of low constitute a gauge for inflation. I'm sure there are many other aspects that need to be looked at other than just prices of products.
@MakMuk
8 жыл бұрын
+Sean Dunn No kidding. Tell that to the inflation truthers who ask whether you go shopping for groceries when you tell them inflation is low.
@d_man_beats
8 жыл бұрын
+888strummer - Exactly. Inflation happens every year or it can even happen quarterly. The Federal Reserve will lie through their teeth to keep the confidence in the dollar at its highest in order to keep their entire Ponzi scheme of money-printing going. The private owners of the FED need to build their wealth somehow too, right?
@MakMuk
8 жыл бұрын
Steve D The Fed is lying? Hahahahaa..........sure thing idiot.
2:30. The time you want is 01/03/2020.
Great video so informative!
No inflation wow these people just do not understand the true definition of it, an expansion in the supply of currency and credit out of thin air, leading to a decrease in the purchasing power of the currency due to distortions in the supply and demand fundamentals, which every country has been doing since we left gold funilly enough in 1971
Ron Paul absolutely took that guy to school!!
More relevant now than ever
Bitcoin has somewhat taken away from Gold's value. There would already be digital Cold Coins, backed by actual gold, that would be running the Digital World if not for Bitcoin creating the Algorithm
Looking back gold was a bad play. Should have just put it in SPY. It’s still a bad play.
Gold hit all time high of $2,413 on April 19th 2024. Keep it going so those in the future can look back to the past when we yried to tell them to buy gold and silver. Emd the Fed!
Well this aged well in 2024
Gold is going up to $2000 today, maybe higher.
there is to much fake gold on the market even respected dealers are being scammed
@d_man_beats
8 жыл бұрын
+Pincher Crowley - Fake gold, yes. You are right. The fake gold is the paper contract. Gold would be worth X8 or X9 what it is worth right now if paper contracts didn't exist. If you own the ounces of gold, you own the ounces of gold. The rest of the people trusting those companies to hold their gold are trusting the stock market of gold notes. It's as simple as that.
@mikelkiparski638
8 жыл бұрын
+Steve D //lots of fake ounces of gold these have been introduced to sow distrust of real gold coins also real gold is depressed by paper gold and our fiat money is depressed by printing more
@d_man_beats
8 жыл бұрын
Mikel Kiparski That's right. The more money that is printed, the less it's worth and the more paper gold contracts are bought and sold daily. This drives down the real price of gold.
@Rapturo_to_YESHUA
6 жыл бұрын
One only needs to buy gold testing kit to check for fakes.
@frankmcgarry3155
3 жыл бұрын
Don’t buy from China and you should be good
One thing to consider when investing in gold is taxes. It's a bit different than a regular job, but definitely worth it. Check out GoldStratz for the resource you need to maximize your returns.
?????.
this didnt age well
@marianoortega6725
10 ай бұрын
Yes it did lol wym
property or gold???property rental income / gold ?? dead capital
@scratchking3205
8 жыл бұрын
Unfortunately an asset class like property during serious turmoil would drop like a wet leaf
@progresskid8161
5 жыл бұрын
1 oz of gold can buy an Acer of land in Venezuela right now! Gold is a savings for hard times not an investment and it can be put to use and made an investment unlike paper money. #Think
@Beast777Mode
3 жыл бұрын
if dollar crashes $1500 in rent will be like $2.00. Gold holds its value
Who's right now you fox news liars
In a Twilight Zone episode when a guy travels back from the future and wants to get rid if or sell gold he cannot. He was told that water was worth much more which is so true now. You can't drink gold to get hydrated, Mr. Paul.
@scratchking3205
8 жыл бұрын
Its been valuable for 5000 years. The mere fact you are using an episode of a fictional show written by someone qho was a paranoid man shows you dont have a leg to stand on.
@progresskid8161
5 жыл бұрын
100 percent in the future more of our technology will be relying on Gold. Water is only more valuable than Gold when it cant be found as long as water is available it is not more valuable than Gold.
@StraddlerSales
10 ай бұрын
no wtf in what world is water more valuable than gold? maybe when a crisis comes and all the water dries up.... but til' then i'll be keeping my gold
Come on Ron, Gold is rigged beyond belief.
@mikelkiparski638
8 жыл бұрын
+G Ph /everything is rigged
@kriskaiser33
8 жыл бұрын
Mikel Kiparski You got that right. 3 years ago I sat down with a friend and we attempted to uncover the REAL price of physical Gold & Silver. Using dozens of data points we came to this: 1 oz. Gold = $500 1 oz. Silver = $70 I still buy physical Silver from time to time (which is a crapshoot due to shorting) but Gold is a total joke.
@mikelkiparski638
8 жыл бұрын
+G Ph /there is no real price of anything really only the price the seller wants and the buyer is prepared to pay it is manipulated /rigged / made into law / shortages are created/surpluses are made/ all to confuse or for military purposes. With my spare,spare,spare cash I like to buy silver coins and small gold coins 1/10 ounce kruger rands as an insurance against what??? who knows???it gives me peace of mind.[[a horse a horse my kingdom for a horse]]