-- Posted by Pisciculus at 3:45 pm on June 10, 2008
i think the second video is more correct because like he said, the economy is way different then it was before the great depression (consumer based rather then production based) and money isnt backed by gold so when the dollar gets less valuable the value of gold doesnt drop at the same rate. Also when he said that gold and silver are real money that makes more sense to me the gold crashing, simply because gold is what our money is supposed to be based on rather then the flimsy paper that it is printed on. *shrug* i dunno if that makes any sense to anyone but me. I am not good at vocalizing why i agree with the second guy more.
-- Posted by shadowpool at 3:58 pm on June 10, 2008
Quote: from Pisciculus at 7:45 pm on June 10, 2008
i think the second video is more correct because like he said, the economy is way different then it was before the great depression (consumer based rather then production based) and money isnt backed by gold so when the dollar gets less valuable the value of gold doesnt drop at the same rate. Also when he said that gold and silver are real money that makes more sense to me the gold crashing, simply because gold is what our money is supposed to be based on rather then the flimsy paper that it is printed on. *shrug* i dunno if that makes any sense to anyone but me. I am not good at vocalizing why i agree with the second guy more.
The second one does make more sense. It's just so complicated though.