uGUYsRdumb (December 31, 1969 at 6:59 pm)

maybe because the currency is being diluted - which in turn costs MORE dollars to purchase the SAME amount of goods.... If you fail to understand that, then you certainly have no fvcking clue as to what you've said in the latter portion of your statement.Gold still has the SAME amount of purchasing power as it always has. The simple notion that it is for speculation is laughable. Thank the PPT for manipulating the comex markets - wise up - keep physical holdings of your AU/AG

mszs (December 31, 1969 at 6:59 pm)

Your comparison of the gold price and the inflation is flawed. As long as the universities are not require to be paid in gold you will only lose they raise the prices. Gold has become a means for speculation and thus is no indicator for inflation. I also cannot understand why the prices must rise when there is more money in circulation.

muntix (December 31, 1969 at 6:59 pm)

Yes, Zeitgeist is one of the best movies on economics i've seen so far.

flangelet (December 31, 1969 at 6:59 pm)

If you want to understand the Federal Reserve, I refer you to Chapter2 of the excellent book "Wall Street and the Rise of Hitler" by Antony Sutton.Reading it now and it's an excellent book. You yanks should be ashamed of your secret past!Check out the bit on war criminals and George Bush's grandfather!LOL

dennis27391 (December 31, 1969 at 6:59 pm)

you love this?then watch the movie zeitgeist.

hansolo909 (December 31, 1969 at 6:59 pm)

This is a good explanation of inflation and how it is destroying the value of the dollar, but what you failed to mention is the root cause: the fractional reserve banking system set up by the Federal Reserve. The Fed is the cause of the problem because it can create money out of thin air and it charges interest to the government to do it. If you really want an in-depth explanation of this watch The Money Changers on Google videos.

kaneose (December 31, 1969 at 6:59 pm)

So is this why the stock market can't keep its self stabled.

ForJustice007 (December 31, 1969 at 6:59 pm)

This is the real value of US Dollar because USA is printing money for decades

flangelet (December 31, 1969 at 6:59 pm)

If you want to know what happened to "all the gold the us government owns" then search for The Gold Commision appointed by Ronald Reagan!LOL"All your Fort Knox are belong to us!" LOL

Moggallanna (December 31, 1969 at 6:59 pm)

The point on inflation is good, but I just watched " The Money Masters " on youtube which speaks out against a gold standard. The reason is because over the past hundred years or so virtually all gold has been horded by central banks especially the IMF. Any comments on this?