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Ron Paul: Dollar Will Collapse, Gold Will “Go To Infinity”


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Ron Paul: Dollar Will Collapse, Gold Will “Go To Infinity”

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Former congressman says that precious metals will literally become priceless

Steve Watson
Prisonplanet.com
June 19, 2013

 

Appearing on CNBC yesterday, former Congressman Ron Paul warned that if the US continues on its current course, the dollar will collapse, and gold will literally be priceless.

“Eventually, if we’re not carefully, it will go to infinity, because the dollar will collapse totally,” Paul said on CNBC.com’s Futures Now.

 

“As long as we have excessive spending, and excessive computerized money, we are going to see gold go up,” Paul urged, noting that as the value of the dollar is destroyed, everything measured against dollars will increase in value.

Paul added that recent drops in gold prices do not factor into the long term outlook.

“Markets do these types of things—they go up sharply, and sometimes they take a rest,” Paul said. “I was never very good on short term, whether it’s the stock market, or whatever.”

“If you look at the record of the value of the dollar since the Fed’s been in existence, we have about a 2-cent dollar. And gold used to be $20 an ounce. So I’d say the record is rather clear on the side of commodity money.” Paul said.

“Six thousand years of history shows that gold always retains value,” Paul added, “and paper always self-destructs.”

Paul will appear on the Alex Jones show today to further discuss this issue.

 

http://www.prisonplanet.com/ron-paul-dollar-will-collapse-gold-will-go-to-infinity.html

 

 

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soap and toilet paper and canned food prices will go to infinity.

gold and precious metals and diamonds will become worthless.

 

republicans' trick le down, voodoo, supply side economics have

caused the dollar to be worth less than 20% of what it was worth

in the 1960s although wages and salaries have remained the same

and not kept up with republicans caused inflation.

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Fuhk Ron Paul.

 

That mfr aint never been right on nothing.

We don't have hypre inflation ?

 

Ever buy gas or milk lately ?

 

:huh:

 

He is 100% right on ending the FED, too bad America is recouperating from the jungle-fever vote to realize the evils of central banking.

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We don't have hypre inflation ?

 

Ever buy gas or milk lately ?

 

:huh:

 

He is 100% right on ending the FED, too bad America is recouperating from the jungle-fever vote to realize the evils of central banking.

You haven't got the slightest clue what the term 'hyper inflation' means. None. Zero. Nada.

 

 

 

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What are some of ron pauls positions?

 

Drunk on the floor

 

Drunk in the car

 

Drunk under the floor

 

Drunk under the car.

 

Drunk beside the car

 

Drunk

 

Drunk under a tree

 

Drunk in a tree

 

Drunk in a cell

 

Drunk again

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What are some of ron pauls positions?

 

Drunk on the floor

 

Drunk in the car

 

Drunk under the floor

 

Drunk under the car.

 

Drunk beside the car

 

Drunk

 

Drunk under a tree

 

Drunk in a tree

 

Drunk in a cell

 

Drunk again

Good grief - is he George Bush's wingman?

 

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What are some of ron pauls positions?

 

Drunk on the floor

 

Drunk in the car

 

Drunk under the floor

 

Drunk under the car.

 

Drunk beside the car

 

Drunk

 

Drunk under a tree

 

Drunk in a tree

 

Drunk in a cell

 

Drunk again

I didnt think you could name anything

 

dumbazz...

 

 

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What happens when gold values collapse? Know the line that separates spaces between finite matter and infinite possibilities.

 

 

Fuhk Ron Paul.

 

That mfr aint never been right on nothing.

 

Very well thought out, intelligent response. I particularly like the triple negative. Well played.

 

She got 1000 times the votes that the old fool did, huh?

 

She wasn't on any ballet of which I am aware.

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soap and toilet paper and canned food prices will go to infinity.

gold and precious metals and diamonds will become worthless.

 

republicans' trick le down, voodoo, supply side economics have

caused the dollar to be worth less than 20% of what it was worth

in the 1960s although wages and salaries have remained the same

and not kept up with republicans caused inflation.

 

Please give it a rest and realize that the republicans cannot be at the heart of EVERY issue.

Here's a book for you: Brainlock.

 

read it. no politics at all. you need it from what i see you display here. not a joke.

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You haven't got the slightest clue what the term 'hyper inflation' means. None. Zero. Nada.

 

 

 

Gas used to cost $1.60 a gallon, gas is now $3.45 a gallon. The volume of gas hasn't changed but the price has gone up dramatically.

 

Hyper-inflation.

 

As often as I post money-master info here, you won't win an economic debate with me. :ninja:

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Gas used to cost $1.60 a gallon, gas is now $3.45 a gallon. The volume of gas hasn't changed but the price has gone up dramatically.

 

Hyper-inflation.

 

As often as I post money-master info here, you won't win an economic debate with me. :ninja:

Yeah you win.

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