Lindsey Williams, author of the 'Energy Non Crisis' explains how the US Dollar Crisis is upon us via the World Bankers choice of using Oil as the US Dollar's backing.
Prepare for the collapse of the Dollar
Suggest you watch the prior set of Lindsey William videos for a better understanding of what he's talking about here.
Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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2 comments:
Very interesting to say the least. The date was Oct'07 and now presently we are nearing $4 to $5 per gallon as stated in the video. Once question, I see a lot about investing in gold and silver. This was also mentioned in the video as a trap. What is one supposed to put some safely away if the dollar is tanking by design and metals are not the answer? Very alarming to say the least.
I believe when gold was mentioned as a "Trap" he was referencing the building Gold bubble of the late 70's -- prior to the pop!
Popping gold helped reinstill confidence in the dollar
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