3,960 responses to “Ron Paul vs Ben Bernanke: Is Gold Money?”

  1. orangedac

    Gold neither gets cheaper nor more expensive.

    A relatively stable amount of it exists in the world and approx. 2% is added to global supply every year. It is the prices of other things which get cheaper or more expensive relative to gold.

    I guess we’ll find out in the end what gold is really worth. Cheers.

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  2. behurabatas

    Hey there, have you heard about “DotComMONEYPile”? Just do a search on Google. There you will discover a beneficial free video presentation by a respected internet and TV-featured millionaire teaching about the way to make easy money online. This helped Michael to work from the comfort of home and thus experience financial flexibility very quickly. Perhaps it will help you too.

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  3. p algorab

    Fine, if you think that $ is crap then buy gold on the market (which is getting cheaper btw).

    »crosslinked«

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  4. orangedac

    What you don’t understand is that you should be seeing an increase in the purchasing power of cash.

    If during the boom years, prices went up to meet demand, then during the bust years (the present) prices should be falling due to a lack of demand.

    The reason its not falling is because the value of your cash is being stolen from you via the printing press, via negative real interest rates, via more debt aka future taxation of you.

    Inflation is a monetary phenomena everywhere and always.

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  5. p algorab

    do you track your own living expenses? I don’t see infllation on mine

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  6. orangedac

    Inflation is not low.

    Inflation numbers put out by the govt are low. Those numbers are bogus so as to justify money printing aka stealing from savers & wage earners and society at large. The beneficiaries are bankers.

    During the 2008 economic downturn, people with cash should have seen the value of their wealth rise considerably. Instead that was stolen from them to benefit those who gambled and lost – namely bankers.

    Paper money is a means of transferring losses from them to you.

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  7. p algorab

    gold is anti-inflation currency ok, but inflation is low so what?

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  8. orangedac

    study up on why private bankers are so eager for you to keep your hard earned money in paper money – the paper they produce.

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  9. mattyboii09

    Well its tradition hahahaha good work ron!

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  10. nonayou damnbusiness

    Someone just got “Ron Pauled”.

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  11. Tony Arrington

    lol I would’ve shitted

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  12. Tony Arrington

    lol, bernanke’s face when asked about the gold

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  13. willfourth

    He should have just said, “Because it’s shiny.”

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  14. ForeverTexan1992

    This is just what my speculation. Items that there are abundance of usually don’t have such a high value due the the abundance of said item. Where as scarce items which are usually more rare are worth more because that item doesn’t have copious amounts of it left. I think I understand what you’re saying. Because people want it, it has value. So would that be supply and demand?

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  15. Snail Reznor

    What is that stupid bitch behind Ben going on about? Wouldn’t doubt her being a straight up reptilian. David Icke was right

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  16. LiNoeliam93

    Not necessarily. But my point was that it’s a collective assumption by ‘man’ that gold is actually ‘Worth’ something, when in reality it’s worth no more than tin. Or a dead leaf. And this knob-jockey Bernanke even SAYS it’s “Tradition” – which highlights the fact that it’s all dependant on public perception (believing the elites’ lies) that it’s value is worth little pieces of paper. More paper than what there is Gold to back it up! Not that the ‘masses’ have ever dealt with Gold as a commodity.

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  17. LiNoeliam93

    No. I don’t. So how would I go about making a large, beautiful diamond? I want to do that!

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  18. sfiorare

    not if there’s a supply equal to demand

    gold on the other hand, is an inelastic, volatile commodity

    when used as money it makes for a volatile economy when the demand for money is greater than supply

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  19. sfiorare

    ron paul said that the constitution says only gold and silver can be legal tender

    it doesn’t say that

    if you reply with something out of section 10, powers prohibited of states

    i’ll know you don’t have a clue what the constitution says or means

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  20. sfiorare

    he’s a libertarian goldbug

    they’re all lunatics

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  21. p algorab

    Why is Ron Paul so obsessed with gold?

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  22. ForeverTexan1992

    Anytime a mass group of people want a particular item is gains value doesn’t it?

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  23. ForeverTexan1992

    Nay

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  24. ghostsade3

    …I’m not sure what you’re talking about, diamonds certainly ARE worth something. They aren’t used as a widespread currency because of their rarity…

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  25. Dan P

    You can manufacture large beautiful diamonds, there is not a limited supply. Do you know how to make gold?

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  26. NickForelli

    3:29 ‘we’ve gotten all the money back’

    Yeah, right back into YOUR pocket.

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