the dollar vigilante blog

Sell Your Gold, It's Not Backed By Anything!

Do we have it all wrong?  Maybe this woman is right!

Maybe gold doesn't have value because it isn't "backed" by anything!  And, maybe we should buy dollars because they are backed by something...  They are backed by the large criminal organization known as the US Government!

And she makes a good point.  It is also backed by The Federal Reserve.  And they'll definitely be here a few years from now (except if Ron Paul has anything to say about it - and he's getting pretty popular nowadays).

Gold?  Who knows.  It could all just disappear!

**NOTE: CTV has tried to get YouTube to take down every instance of this video.  If the video doesn't work it means they found this one.  

Hoo boy, just another reason to sell your television.

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Comments (19)

Peter's picture

http://www.youtube.com/watch?v=XL8vGbhpbEssave with keepvid.com en reupload to other channels such as vimeo, since youtube is pulling it

Jeff Berwick's picture

Thanks Peter, we will put the link you put up live on the blog now!

Pacoup's picture

lol, when I read the headline from the archives I was like "WHAT!?"

Laurence Hunt's picture

Just to look a bit further ahead. The time will come when people truly will be afraid of the dollar, because it is backed by the US government and the Fed. Obviously those on this site already know such fear, but it WILL become widespread. In fact, that in brief is why we are holding gold today (it is NOT backed by anything as scary as the US government or the Fed).The fear we here acknowledge today will multiply and become known by all....

rob's picture

Oh yeah, sure, gold is backed by nothing but the dollar is? The dollar

Johnny noble's picture

I just love it when people use numbers to give an unbalanced view. Bubbly Bridget mentions that gold has lost over $100 in 2 days which is the biggest fall in 28 years.Let

JEH's picture

She's talking about PAPER gold, and everything she said is right!

Harold Crews's picture

JEH you beat me to the punch. If she is not talking about 'paper gold' then it is a good thing she is attractive.

Vin M's picture

Either she is really dumb and has no clue what she is talking about or she is reading the script given to her, either way she is just plain ignorant.Notice how she says

Claymore's picture

@Brian - Tell me the website please. i Could not find it on google...How do their transactions with countries in Europe works ? Is it a global company ?

Eric's picture

@ClaymoreTry this store...Mundial Agencia de Cambios in the historic center of Lisbon, Portugal.Here is a good article about the place...http://www.blanchardonline.com/investing-news-blog/econ.php?article=3028"People are nervous about the banking system and the euro and believe that investing in gold will help them protect their savings," said Lola, who manages coin sales at the shop near the Rua do Ouro, once a center for goldsmiths working with metal brought back from Brazil in the 18th and 19th centuries

Claymore's picture

@Eric - Thanks! I actually didn't knew that agency. Thanks a lot! :)

Paris Texas Jim's picture

That's absolutely amazing! "Bridget" talks like a valley girl, is backed by the public school system and a debased, dumbed down culture. She may have been told to say that but I think she believes it herself. The boyz are having a good laugh.

Brian's picture

Oh goodness... I've had it all wrong... Gold and silver spot bid prices collapsing had nothing to do with COMEX, margin hikes or anything else of that nature... It's because gold is backed by nothing and the dollar is backed by the U.S. Gov't and Fed... Can't say I don't feel like a dolt right now... What ever am I going to do with the useless metal I have?Gotta love MSM keeping us well informed and up to date with what's really going on...

Claymore's picture

Yes! Sell it!!! So i can buy it cheap :DOh well.... btw, does anyone knows were can i buy Gold in Portugal ? (coins or bullion) Here, banks no longer sell gold because they want ppl to deposit and invest in their banks... Any help ?

Christian's picture

Interesting observation. But check this video out: http://www.youtube.com/watch?v=MLSlb7GITP8

Brian's picture

@Claymore... Try the Cambios... When I lived in Uruguay, they would typically have 5 gram coins, but you'd have to ask as they were typically hidden away...

Wang's picture

Nice one, Jeff! So, this is how the us government hates its own people. Instead of helping them to prepare for the coming collapse, wars, object poverty, crime, lack of investment, etc., it is trying to con the Americans into buying dollars?Is this not a treason?That brunette is dumber than my dog. My dog doesn't think that gold is anymore valuable than dollars, not any less.

John Dains's picture

So I wonder how long they let her out of the facility unsupervised. I bet she rides a short, yellow bus on the way to do these reports.Another reason I don't watch TV anymore.Give 'em hell, Jeff.

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