Gold Confiscation? Will the Chinese Yuan replace the US Dollar? Julian Phillips on GoldSeek.com TV

GoldSeek.com TV presents an exclusive interview with South Africa's top gold analyst, Julian Phillips (http://www.GoldForecaster.com). He discusses several topics with interviewer Jonathan Roth (http://www.GoldSeek.com), including: - Will the Chinese Yuan replace the US Dollar as the world's reserve currency? - Will gold continue to climb while paper currencies depreciate? - Could gold be confiscated by national governments? Taped on-location in Johannesburg, South Africa.

Comments

1. Lose the annoying montage! What a waste of 30 seconds! So loud! Who did this?
   All the suckers who bought gold when this video was made, at a price of $1725 have lost much of their fortunes!
   Gold, at this moment is $1,222 a loss of 29%. Bitcoin in 2012 was just $5 and today it's $1,013 almost equal in value to a troy ounce of gold! Which is better? Over the past 5 years, bitcoin went from $4.31 on February 21, 2012 to $1,013 or a gain of 23,503% so which is better? YOU decide! If one put $1 million into gold at the time of this video, he'd have only $710,000 but if he invested in bitcoin, at the same time, he'd have $235,000,000
2. His summary at the end: "vested interest has to reform and I don't think they are willing to" is really the meat of the problem. Its not like the People are going to suddenly get democracy and this world will be run by popular dictate. Most likely central planning has always existed and will continue to exist. The problem is that those running the current world order are acting so immature and refuse to own up to their responsibility of Care. They've decided, without being asked to do so, to appoint themselves the Masters of the Universe. Fine, but you need to accept the responsibility of care and guidance that comes along with that power.
3. When calm rational thoughtful people say these things, it's much more worrying than Alex Jones et al...
4. America needs to Ban all Chinese shit coming to this Country! Bring this pathetic Country to its knees!
5. Never trust these Brits.....  if you have gold just bury it and tell the government your dog must have eaten it...........  I would never go along with this guys advise...its a con game
6. Prepare for what is to likely to happen in the future  (must read 8 predictions) 
   By compiling all of the blogs that made correct predictions regarding the government and Obama back in 2008, we can use new predictions by those same entities as well as our own insights to get a handle on 2014 and beyond.
   Let’s look at what is likely to occur. (BTW… Every prediction made back in 2008 was said to be ridiculous and laughable.  No one is laughing today.)  
   
   1) President Obama will keep his promise and use a multitude of Executive Orders as well as simply changing existing laws in order to grant full amnesty.  Likely to occur in 2015.   
   2) Other Executive Orders or law changes will include offering full cost subsidies for ObamaCare coverage to low income, young adult and undocumented immigrants. This will serve two goals.  The enrollment numbers will see a sharp rise.  And the President can declare that ObamaCare is a success as well as popular among low income, young adult and undocumented immigrants. Likely to occur before the end of 2014.
   3) Hearings on Benghazi will terminate first half of 2014 with no results.
   4) Hearings on the IRS scandal will terminate first half of 2014 with no results.
   5) Hearings on the NSA scandal will terminate first half of 2014 with no results.
   6) Although actual unemployment will reach 15% by mid 2014, major media will report a figure of under 6%.
   7) Major media will start a push for Hillary Clinton’s Presidential bid starting the end of 2014.  Look for using Benghazi as a success story with a strong emphasis on identifying the GOP as anti-women.
   8) Look for the creation of Obama’s civilian national security force, which will consist of Obama supporters and a hefty enrollment of newly made citizens loyal to Obama by way of amnesty. Likely to occur in 2015.
   
   In short, the government will no longer try to hide the fact that the middle class is used as the “worker ants” for the nest but rather forced, through quickly created laws, to hand over a bulk of their earnings to the government.  
7. sir Isaac newton and the alien alchemists...gold bottoms at 966.00 or there abouts..
8. another fear scam! send me your gold, it will be safe with me HA HA HA!!!..HAHAHAHA ....HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
9. Listen this clip again still learn something new... although  I had listen it 6 months ago...
10. Julian Phillips mentions the system is designed (The Constitution of the United States keeps one side from ruling. That was its design! It sounds like someone else is speaking through his mouth or he does not appreciate a democratic society!
11. The system was designed to operate without a private banking system-hence the US Treasury and not the Federal Reserve Bank!
12. what you do not agree with, please? The problem is that the USA cheat and lie about everything and lost all credibility. If US government was not corrupted it could be saved. Living on stealing on other countries cannot go on for ever. More over that USA together with Israel started WW3 and the rest of the world is not going to continue eating the crap about bringing democracy to countries when it is visible robbing.
13. The U.S will be like Germany during WW2. They will put up a good fight but China and its future allies will be too much for the U.S and its collapsed economy. The u.s will be forced to come to terms with the dollar loosing its currency petrol status.
14. Like the presentation but very text book like. The repeated mention of confiscation is nothing but pillage. 'Rich' and 'Poor' definition need to revisited. Amount of Real gold reserve is fake. Gold can be bought but can't physical units be had. Some are even fake golds. $1,200 trillion and rising financial derivative market can not be substantiated with any amount of Gold regardless what is decided in Basel. USD will go EUR will stay and so shall Greece. Bit of history knowledge would have done.
15. Refreshing to see two people intelligently discuss politics without hearing "its all bush's fault!" "obama is a doo doo head" "repub's are great dem's are awful", or "dem's are great repub's are awful". This interview is what political discussion used to look like, 100 yrs ago or so in this country. I wish it could return.
16. I agree with your vid but Keiser, Kiyosaki and the Trump types did a HUGE disservice to silver - when the price crashed all the theatre-LARP geek behavior scared the small stackers. Their 2009 predictions of bullion for gas and bread totally backfired. We need better presenters and spokesmen. The average person hasnt the foggiest fcken idea what the price for an ounce of any metal and why this could be useful in the future. Thats some failed iMarketing.
17. They will do it if necessary. If people will longer do their bidding for fiat paper, then yes, Gold Confiscation is in the cards.
18. And you do?
19. China is buying up the pipelines in Iraq, also other purchases in the U.S., they have begun dumping the dollar, Once the dollar looses the status of reserve currency, the banks won't be allowed to print more money. China is the BRICS.
20. BRIC nation currency or the EURO has the better chance of replacing the dollar as the world reserve currency, not the yuan. OPEC is in control..they have to choose to sell oil in BRIC or the EURO for the USD to be replaced.