2. GOLD PRICE TO THE MOON! Why Gold & Silver? - (Guide To Precious Metals Investing)

[barnesjerry77]

I would love to sit down with Mike for a couple hours and learn everything he has to offer.

[gallant1able]

Thank you, Mikester! Thank you, Sir!

[Straightsix76]

Titanium looks ridiculously under valued right now

[LosAngelesWeedSmoker]

@ 05:30 I got the chills... and it just explained lots of wars, bailouts and other schemes to inflate the dollar. i'm new to this, real eye opener.

[whygoldandsilver]

@LosAngelesWeedSmoker You got it. All the major problems of today are caused by the fact that we don't have monet any more, we have unlimited currency. Money is not the root of evil, but the lack of knowledge of money is unfortunately. Happy enlightenment sir.

[pbandjai]

I'm 16 at the moment, and will be working this summer. All my money is gonna be going to purchasing gold I've noticed how gold has almost double in value in the past 5 years, and I can't wait to see what awaits me in the next 10 years

[dannyalexandro]

Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah, may Allah bless him and grant him peace, say: "A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar (Gold) and a dirham (Silver)." (The Musnad of Imam Ahmad ibn Hanbal)

The Islamic Dinar is a specific weight of 22k gold equivalent to 4.25 grams.

The Islamic Dirham is a specific weight of pure silver equivalent to 2.975 grams.

[jshwetz1]

There are no details on how to get the full version.... ?!

[101simar]

If people already understood the value of gold in 1980 and started rushing into gold, why did it fall down again in price?

[marcusbrooks1776]

Apart from wiping your bottom & writing on it, paper has no real value and cannot be a substitute itself as a form of wealth.

[EIectroMagneticPulse]

i mean not golds ..only silver

[EIectroMagneticPulse]

im 15 i invest to golds :)

[7Losses]

@EIectroMagneticPulse Wow, way to go dude! I just turned 30 and wish I had started at 15!

[JojozDad209]

Ron Paul 2012 Has my vote even if he doesn't run!

[AndyChampagne]

I sure hope people wake up now and realize were we are headed.



[whygoldandsilver]

Mike's book is a most comprehensive source. You can check out his WealthCycles website as well.

[kookamachu]

Anyone know where I can find graphs like these.. comparing gold to monetary base? Ty.

[whygoldandsilver]

@kookamachu wealthcycles website

[IamianaimaI]

Anybody who doesn't plan to retire in the next three years is insane to keep their dollars with the illusion that they will be able live comfortably off their "savings." American is the worst kind of "company town."

[martini926]

am i the only 20 years old who seen this? this video is really eye opener. i guess i should invest in gold and silver! thanks mike youre the man!

[GoldMikeMaloney]

@martini926 Thanks Martini, please spread the video on Facebook if you can!

[Nkatsikanis]

@martini926 now is the time 

[harry1pupualii]

Thanks Mike,we are up more than 30% ROI in less than year with GOLD and Silver still holding on our small position and are buying some bullion.Great work thanks again! 

[steinystein]

Wow! Once I was blind, now I can see! I see silver!!!!

[whygoldandsilver]

@steinystein Hahaha Enjoy the light =D

[sr71ablackbird]

@whygoldandsilver I heard it stated that silver was once the "poor man's gold' is still considered that way ? I remember around the mid - late 1990s that an oz of gold was around $430+ an oz now, it's around $1,200 - $1,300+ an oz.. I was just wondering if an American Eagle gold coin would cost around the gold price currently, and do they still go by the troy oz ?

[iamdedragon]

Congress proves that Money does grow on trees! We need to peg our dollar back to gold and restore our economic honor!

[sscam2001]

Inflation is what happens when the people I mean sheeple allow private bankers to print the money congress should be regulating in the case of the US. If only we listened to our constitution which clearly spells out the remedy for our economic crisis, only gold and silver are money. DUH!

[sahuntjr]

Nothing under the moon is new, everything has happen before. Everything comes back around and no one realize this. We are in some marvelous times becuase the wealth gap is getting wider.

[whygoldandsilver]

@sahuntjr Yes, whoever said that history never repeats...did not read history!

[NcoleyCP]

@whygoldandsilver Those who don't learn history are doomed to repeat it

[DocBrewster]

5:09 - Did Nixon say "suspend TEMPORARILY the conversion of the dollar to gold"?

Oh well thats OK then - i guess he's gonna switch it back - oh wait - that was 40 FUCKING YEARS AGO. AND HE's DEAD!

[whygoldandsilver]

@DocBrewster Yeah...watch that whole clip of Nixon making the announcement. You can tell he is lying through his teeth. By the way, is your username a combo of Doc Neeson and Rick Brewster from The Angels?

[DocBrewster]

@whygoldandsilver Yeah but i am not IN The Angels (lol - unfortunately) - just a long long time fan.

Yeah Nixon wasn't called Tricky Dick for nothing was he!

[Romulan112]

If the dollar goes to Zero, why then does he hoard money? I don't see him throwing it away.

[samdoniam]

What about the squeeze in silver? I would think this is newsworthy.

[2Findsuccess]

We need a different system

[tulipdelux10]

True inflation is the expansion of money supply

[kwkaia]

Although the Federal Reserve Bank can print all currency they want whenever they want, they have no control over where that money goes.

[JKomensky]

True inflation is expansion of the money supply. Rising prices is only the sympton of inflation.

[kawhilaywhilay]

True inflation is the increase in the money supply. Price inflations is the consequence of such action, but happens only after that increased money supply is circulated through the system. In our current scenario, we have had HUGE inflation, but the money is for the most part parked at the fed in reserves as the banks are earning more interest there than they would lending it to the public.

[jatInsync]

True inflation in the past was minting of more coins then it became printing of more dollars and now its adding more 'Zeros' to the digits in computer. Just diluting the existing value of currency.

[asiantiger01]

True inflation is the inflation of the money supply.

[alexmosutheskypirate]

On the GoldSilver website there is a winner for this video.

It is "tincupllc"...

A guy who registered on youtbe on 08 of october 2010 ...a few days ago, age 30, from the US...

and whose answer was "True inflation is the inflation of the currency supply."

He has no videos, and his only favourite video is this one.

I'm skeptical about the authenticity of this...and i don't know what to say, as i believe in everything Mike has to say about money and silver, and everything

saludos :D

[abtinker]

True inflation is an increase in the money supply.

[vasiltrystsinski]

inflation is an increase in the money supply.

[curry76]

true inflation is the increase in the amount of fiat currency.

[tomgrant29]

Real inflation is an increase in the money supply.

[silvernail6]

The time set in the movie "No Country For Old Men" is 1980. Curious, why? In the famous coin toss scene the villain produces a quarter and proclaims its traveled since 1958. The toss produces the familiar ring of silver. That could have easily been overlooked like the volkswagen in the Godfather. Later there is a quote, "Can't stop what's coming." Hmmmm

[meluaufeet]

convert your labor into precious metals

[SilverBar9999]

Inflation is increasing the fiat currency supply.

[scorpio3949]

Since we're going through the same thing that happened in 1980 you might as well stack up on gold. Because of the fact that gold is cheaper than it will be a year or two from now.

[bdc03]

Real inflation is increasing the currency supply.

[hauntedkittens]

True inflation is an increase in the currency supply.

[hauntedkittens]

True inflation is an increase in the currency supply.

[wcf1647]

Of course true inflation is the inflation of the currency supply. How else can we be robbed legally (???) by our government. Well let me count the ways...LOL

[darksied50]

we all know inflation is the increase of the paperfiat currency

[BenCSnell]

gotta love that monopoly money

[simplegal84]

True inflation is the increase of fiat currency, (expansion of paper currency). as more currency is printed, more in the circulation leading to higher inflation.

cash is trash!

[silverspunk]

True inflation is when the government increases (creates) way to much fiat currency. So the increase of the fiat currency creates inflation.

By the way I got my buddy to by some silver the other day. With help of your recent event you attended in Russia. Wish I could have been there!

[69danceczarman]

True inflation is the increase of the fiat currency (paper currency). As more and more currency is printed and in circulation, the higher inflation.

[dieKoninginderNacht]

True inflation is the expansion, the increase of fiat currency (paper currency).

[Thomashsr]

The battle of the heavy weights.

Currency vs Gold and Silver

And the winner is,GOLD AND SILVER!!!

Thanks Mike for the education.

[GeorgeFortune]

TRUE INFLATION: The increase in the Fiat CURRENCY!

Hi from NZ, In the paper in the weekend. A economics professor and journalist had a whole page spread saying.."even at $100/oz silver and $5,000/oz gold she wouldn't recommend gold or silver!" At first I was angry that she was telling people the opposite of what I believe...but then i realised that as long as people like her are keeping the public in the dark...the longer i have to keep buying gold and silver! Great work educating Mike!

[dannell3]

true inflation is the increase of the fiat currency. As more and more currency are in circulation, the cost of things increase due to the increase in the amount of the currency.

[Lele19800]

Hi Mike, Just a question..from New Zealand.

I've bought 100kg of silver bars back in January at $18.60. . But with the U.s dollar crashing against most currency like Nz dollar i found out today that i'm actually not in positive position because of the exchange rate. I think your Au dollar in a similar situation. Do i need to hope for a U.s dollar come back or do i need to hope for Nz dollar to go lower? i'm a bit confuse...i'm in same position with 20 oz of gold...

Thank you very much

[alexmosutheskypirate]

@Lele19800 what do you mean you are not positive?

if you bought at 18.60 now the silver is 23.5 so you are positive....because you have the silver

if you sold that silver today would you have less money than when you bought?

anyway you just wait...it doesn't matter where you are today..in a few years that silver is going to be worth much much more..

saludos :D

[jsobiranski]

True inflation is the inflation of the currency supply. Previously you had to mint coinage to expand the currency supply. Then you had to print paper to expand the currency supply. However, you don't have to print dollars any more—now it's done electronically. All you have to do is type the dollars into a computer--simply add zeros. When hyperinflation hits the US it will happen in the blink of an eye! When this happens, gold will go to the moon and silver will explode like a supernova!

[Ilovehistorychannel]

@jsobiranski do you realize that you are saying, word for word, is in the video you are commenting on?

[jsobiranski]

@Ilovehistorychannel When I wrote it I didn't realize that I was repeating some of Mike's comments. However, check out my other comments on parts 3, 4, 5, and 10 of the video.

[bannerspot]

True inflation is nothing more than the inflation of the currency supply. People think higher prices represent inflation, but higher prices for things like food and energy are the symptom of the monetary inflation that has already occurred.

Thanks Mike for teaching the rest of us these important lessons. I've learned so much following you these past few years :) Everybody needs to know this stuff!

[OJASfromAUSTIN]

True Inflation is the INFLATION OF THE CURRENCY SUPPLY(as in -When a society creates more and more units of currency).

(Rising prices are just a symptom.)

[LawrieBee]

In a humble non-intrusive attempt to reach friends and family who are scattered in various parts of the world and to share with them my newfound learning. I have created a very simple website for them to reference where I hope to provide links to worthy information helping them to make some wise decisions. I am certainly no bullion expert but hopefully my enthusiasm will spill over to them. Do not forget that true inflation is the inflation of the currency supply.

[LakeHouse97624]

True inflation is inflation of the currency supply. (which gold reckons for eventually)

I try to tell people the US Dollar is only 39 years old (since 1971) due to the Nixing of Bretton Woods... it's younger than Woodstock!

[dxparramx]

Is when the government prints fiat currency and steal value of all the existing fiat currency

[silverjunky999]

thanks for putting most of the dvd out there for free good stuff Silverbugs

[alexmosutheskypirate]

True inflation is a way governments have to "steal" wealth from the people, another tax without calling it tax.

It is harbinger of poverty for the working class in the long-term and a symptom of the possession of too much power and impunity by people that should never ever be given that kind of power, because it makes them think they are more powerful than the free markets, and when they finally get to see that they are not, it is too late...for us.

saludos :D

[cedricalien]

I hope I win.

[TheBullionBug]

True inflation is th eprice of the dollar in terms of gold!

Hell I'd be happy just to win the book. You know what they say, "Give a man a fish and you feed him for a day. Teach and man to fish and you feed him for a lifetime!"

[TwoLims]

True inflation is the price of the dollar in terms of gold!

[mcfamily8]

store of value.