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Tuesday, February 5, 2008

sign of recession, very unstable US Dollar

US Dollar is very unstable, don't use or collect US Dollar with any cost for private and national economy security. In any cost, I think this is the time to start converting the currency, debts, saving, etc. to gold which is very stable along our world history.

http://www.rense.com/general80/black.htm

ON DEBTS AND DEFICITS:

-- The national debt in 2001: $5.7 trillion

-- The national debt in Jan. 2008: $9.2 trillion

[U.S. Dept. of the Treasury]

-- Monthly U.S. trade deficit in Oct. 2000: $33.8 billion

-- Monthly U.S. trade deficit in Oct. 2007: $57.8 billion

-- U.S. trade deficit in 2000: $380 billion

-- U.S. trade deficit in 2007: $759 billion

[U.S. Census Bureau, Dec. 12, 2007]

-- Value of one Euro in Jan. 2000: $1.01

-- Value of one Euro in Jan. 2008: $1.45

-- Loss of value of the Dollar relative to the Euro from Jan. 2000 to Jan. 2008: 45 percent

[Federal Reserve Statistical Release]

-- Value of an ounce of gold in 2000 (inflation adjusted): $319

-- Value of an ounce of gold in 2008: $892

[GoldPrice.org, Jan. 22 2008]

-- U.S. budget surplus in 2000: +$236 billion

-- U.S. budget deficit in 2007: -$354 billion" (3)

2 comments:

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Anonymous said...

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