Ron Paul: Audit the Gold!




Ron Paul explains why we need to audit U.S. gold reserves: to make sure the gold is still there and has not been secretly removed or loaned out. The Congressman also asserts that it’s time to abolish Fannie Mae and Freddie Mac and replace them with free market solutions.

Date: 08/26/2010
Channel: Fox Business



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152 Comments:

  1. I don't think she did appreciate it

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  2. Ron Paul spins around these presstitutes like a tornado. They can't even respond to the amount of truth he throws out. When your parents told you to listen to your elders, they were talking about people like Ron Paul.

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  3. One more thing, The reason why these market resources become a bubble is because when they are artificially above their means a lot of bad investments are going to be made in the hopes that the increase will remain. However, if we have learned anything about bubbles it is that they always eventually pop. This is when the people who made the bad investments lose their money (unless the GOV bails them out).

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  4. For the most part I agree. It is not the only thing though that causes this. Fractional Reserve Banking also has the ability to create the booms and corresponding busts. The reason why is because when ever anything is artificially pushed beyond its limits whether oil, housing, or the dollar the market will not keep up and as such will eventually correct the imbalance. This correcting is the busts which results in the recessions.

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  5. Indeed. Sadly, even if he was to win, and keep his promises, then given that his plans don't work with the banks and federal corporate pigs, he might just find himself the target of an assassin. Then the government will blame the assassination on Iran, provoking war.

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  6. The Fed audit the peoples, We need to audit the fed , what so hard for that if u got nothing to hire, let us audit fed, we the people need to know where is all our money go?...........Ron Paul.forever.........

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  7. The Fed audit the peoples, We need to audit the fed , what so hard for that if u got nothing to hire, let us audit fed, we the people need to know where is all our money go?...........Ron Paul.forever.........

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  8. we need to do away with the financial system all together, forget about all those numbers.

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  9. we need to do away with the financial system all together, forget about all those numbers.

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  10. Even if we liquidated Fanny Mae and Freddie Mac, large banks would step in and buy up all the discounted properties and we would be in an even bigger mess, because they would control the interest rate. There has to be a better solution to fix the housing problem.

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  11. Ron Paul 2012

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  12. I tried during the local elections,but in Ohio you can only register as a Republican in the POTUS elections

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  13. I tried during the local elections,but in Ohio you can only register as a Republican in the POTUS elections

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  14. "International" bankers are the enemies of mankind.

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  15. Every panic and depression this country has ever suffered through was caused by the central bank. Fact.

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  16. Dr. Paul is correct in his position on auditing the gold. I worked for a company that held stores of precious metals and I'll assure you that they counted it on a regular basis. From the US Mint site I learned that there are 147 million ounces of gold bullion being carried on their books at $42.22 / oz.

    I have a multitude of questions about the hard currency advocacy of Dr. Paul. Frankly, I'm skeptical but the poisonous debt debate occurring now has done nothing but provided free sound bites for the politicians - IMO. I'll make no comment on those discussions other than I've decided that I'd like to see how other options are more realistic and what positive effects they are purported to have.

    Question 1]

    If the hard currency proposal were enacted, how much currency would be put into circulation and how would that occur?

    Explanations and/or links are greatly appreciated.

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