Gerald Celente OnGold Seek Radio 16 May 09 geraldcelentechannel.blogspot.com http
Gerald Celente OnGold Seek Radio pt 3/3 16 May 09
On January - 11 - 2010
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All I know is the u.s is going to go through some pretty bad times. I’m trying to think to myself what can I do to get ready and support my local stores. Grow some fruit, buy sliver and gold, start my own small business, create my own community bank. And then leave to china or india.
I agree with gold going down. I think it is false. I look forward to gold going down so I can buy more. It will be the future. At least until a new currency is established. The dollar will lay in tatters for a while. Once the gold backing is re-instated, then we will see prosperity again. Hold the gold!
What were we (America) thinking? A new car every year, biggest house on the lot, envying our neighbors -keeping up with the Jones’ who has the biggest pool, car, etc. We are now paying the price for our selfishness!
I understand what you are saying
However, I doubt 6 billion people will have active interest to buy gold
I suspect that it will in fact, bring the price down temporarily to some particular degree or other
I don’t live in Quebec anymore, and you are right, Quebec lives very well…but what would you know about living in Quebec? We pay our own way. I lived there for 47 years…the difference is that when it comes down to it, people in Quebec do not take crap from the government, Federal or Provincial. If there are tax increases the people hold massive demonstrations unlike other places in Canada.
i smell anarcho-syndicalism….
I love this guy.
So basically I’m just fascinated by current trends in America from a theoretical point of view, talk about shooting your self in the foot.
But in the end if you don’t want to educate yourself and basically tout Marxism then go ahead, I wont be the one suffering , cause we’re all Capitalists over here, maybe we should send you a couple to shore up the collective intelligence.
Hong Kong also enjoys a flat tax code, omg right I know a non-discriminatory tax code? GASP, low rate to of 15%
We’ve secured the Heritage lists #1 spot in terms of economic freedom for the last 15 years, (since the index was created.) We have next to no social programs/spending, interestingly the Chinese culture is extremely caring and care for multiple generations in the same household, a strong sense of social responsibility.
Probably because the government doesn’t do it for them.
LMAO? then suffer? Please please let me explain; I live in Hong Kong I’m not suffering at all or any time soon you know why?
We barely even have a minimum wage and yet were an economic powerhouse off the back of the longest sustained period of growth in the history of the planet, full stop, social programs? Just free market enterprise here.
3.4% unemployment, 45% employment in the teenage sector, Budget surplus $460 Billion, Govt. Revenue $346 Billion, Public sector spending $19.4 Billion
History shows when the IMF sells gold the price rises. 4200 tons is peanuts for 6 billion people.
It’s nice living in Quebec where you have the rest of the country paying for their indulgences.
You make no sense, you don’t have the money for a hot dog for the same reason we have a higher price for fancy mustard.
Basic economic theory, the more money you have chasing an unchanged number of goods = inflation. America sure as hell isn’t producing more then they have at any other point in history, yet you have the largest credit supply ever. But tell me how do you reconcile we don’t have enough money because we exploded due to easy credit?
So, why does CNN keep talking about green shoots and rising consumer confidence? I just don’t see it.
Read Mary Crofts book and see if you can discharge your debt on student loan. Also Robert Menard here on youtube has success with this. best of luck
Thank you.
See the Youtube user ‘Earthlasthope’ and his alternative Youtube that he created that are not censored as Youtube does with ratings, viewcounts, comment deletions, video deletions and user account deletion.
His website is: truvisiontube (dot) com
That is an intelligent statement…
We need to spread this obvious
form of self thinking.
The best form of revolution is non-compliance.
Stop complying with things that spread disharmony.
if gold goes to $2000..what will silver be?
LMAO a TV education is what you push…if you dont want to wake up then suffer.
You have no idea what social programs are so let me explain it to you. Its when your tax dollars go to providing for society instead funding WAR. Socialism with Capitalism is geared to community. Straight Capitalism turns to Imperialism and attacks community…just look around the USA and you will see the truth. You are surrounded by Corporate, financial, and insurance Blood Suckers. They feed off of community!
you really don’t seem to grasp deflationary / inflationary cycles .
remember trillions of fiat dollars were dumppedintop circulationwith tarp and bailout cash ( i call this “the big dirty”) that money is now in many company coffers and will be dumped onto the population . this WILL cause inflation . inflation is not high prices for “fancy mustard” it’s price increases for all goods and services do to an over supply of currency
We are all totally and completely fucked. All of us. No matter if you think your job is secure or if you think your food storage and guns are going to give you an edge. We are all fucked. The sooner we confront that fact, the sooner we can shed our fear of it. And then, we might be willing to do whatever it takes to get our country back
Its not called brainwashing, its called research, self education, you should try it!
P.S Health care free everywhere except USA? lol I’m assuming by that you’ve never even left your own country; but please do look to France as a shining example, or California, that’s where social programs are taking you
Oh boy I hope they do that. THat would mean I can afford it:) The Drop in price would be temporary.
Bro, you have no idea. I just got my BSEE and I borrowed about 65K to pay for it. And guess what else!!! Sallie Mae sold several of my loans to other private financial institutions who jacked up the interest rates. I had to spend several hours on the phone the other day just to track down all my student loans and refinance them. At the rate I’m going right now, I will still be paying off my student loand when my kids head off to college!!!!!!!!!!!!!!!!!!!!