Gold Stocks China

When the price of gold drops Euro will have with him?

Euro dollar is based on a combination of gold and the willingness of the EU. In 2006, $ 1 was 3.50 Euro in 2007 was $ 2.50 for 1 Euro, now at 1.28 to 1 euro, including the rising price of gold. The fact is that, 2006 and 2007, the euro has lost 30% of its trade and food 20% of purchasing power inside. In 2008, lost 60% of the grocery business be and 40% of the domestic purchasing power. It is a sign of a long-term decline in the European economy has been threatened Italy out of the EU. China has already indicated that the combat the drop in exports from the sale of their stock piles of products and if this happens can lead to hyperinflation in the EU, as seen in Africa.

His figures are wrong. The euro has never been more than $ 1.60. Average for 2006: U.S. $ 1.33 per euro by 2007 Average: $ 1.50 Average per euro for 2008: U.S. $ 1.60 per euro today: $ 1.28 for euro

Gold, stocks , Martial law, & the Federal Reserve – VisionVictory Interview Part 2 -

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