1 question mike....if i'm getting what your saying then 60 oz of gold to buy a house is the range that your looking for....so at a 15:1 silver to gold ration wouldn't that mean that it would take 900 oz of silver to buy that same house....i'm sure that you've said that your expecting to see it take less than 500 oz of silver to buy a house....maybe even 200....i know that you don't have a crystal ball but would you mind going in on that in your next video....PLEASE :)
Wealthcycles is beginning to lose credibility in my view because they have been silent during the last month's downturn in Silver price. PM investors are concerned and need to hear comments about what is going on during pullbacks as well as bull moves in the PM realm. Funny how when the market is sunny the gurus come out of the woodwork. When the storm clouds roll in they hide.
@chimpanzeepoopdick Ive been thinking the same thing. I thought these guys would be the 1st to report why they think the sudden downturn is happening.
@chimpanzeepoopdick If PM investors are concerned, it's due to their own lack of understanding. NONE OF THE FUNDAMENTALS HAVE CHANGED. All you have to do is wait. Look at the bull market of '71 to '80. There was a down year when gold and silver lost value, then they went up to a new high the next year. YOU CANNOT FIX A GLOBAL DEBT PROBLEM WITH MORE DEBT. The only solution is a return to the gold standard which would still benefit PM investors, obviously.
But seriously you can be an "Insider " by just buying a 1 troy ounce silver coin from MM...There may be a time when that investment might be the best on you ever made... Not to be hypocritical, my order will be coming soon, God willing!-)
Meanwhile- I am clueless as to the metals short term moves?... Up, down or sideways _ - I have no idea.
get out at less than 60 oz. of gold for avg. american home well we are there 60 oz. is 100k and avg. american home is 89k so we should be getting out of gold?
Yeah this is something i dont understand either. Im from the uk and the average 2 bedroom house costs around £75k and today an oz of gold is £1104.00 so basically 60oz of gold can already buy me a house and mike is telling us to keep stacking? that if we have gold we will be able to buy a house for 'pennies on the dollar'. It doesn't make any sense and im starting to think were being mugged for our money. after all he does have a partnership in a gold mine... what do you think?
@PeasantofMercia I live in leeds. I shouldnt have said 'the average' but you can get houses here for 60k and below. Ive seen 1-2 bedroom houses for 40k in some areas too. Ive been collecting gold and silver for afew years now and have got a good amount of it however I do believe theres alot were not being told about its purchasing power. It cant be that easy to just hand over gold for a house.
@MAADMO Yeah well leeds is quite cheap for the UK, the closer you are to London the more expensive. If you have enough now all you have to do is sell your metal and then buy a house with cash though real estate is still overvalued atm. But when fiat currency collapses then some people will accept gold instead of cash and if we go back to the gold standard it wont matter anyway. exciting times.
60 ounces! u mean with 2 onekilo bars i m gon be able to buy a house, hmm not in switzerland, here house prices r through the roof. keep stackin brooosss
WHAT ABOUT THIS SUNKEN WW2 SHIP THEY FOUND OFF THE COAST OFF IRELAND LESS THAN TWO MONTHS AGO WITH OVER 235 MILLION DOLLARS WORTH OF SILVER ON IT,WHAT WILL THAT DO TO THE PRICE OF SILVER?
@Lukescomment It'll b the most expensive museum piece with extra sentimental numismatic historic value that will all b able to act as advertising to increase the speculative price to high prices for us all. Or its the biggest swindle to lower the price of silver some how when this so called ship with 235million dollars worth on board is a giant hoax & expect more big hoax calls. I bet that ship will some how mysteriously even disappear which will again add a heap of value to silver spec nice
if 90% of the money in existence is fake lent out by bankers through fractional reserve then if this time the banks are let to fail like in the 30s there will be an extreme contraction in the money supply and the price of all assets will go down.
the ruling class may have short positions betting on it as they control the action.
maybe in the face of sure failure this time they scatter like cock roaches first come first serve for generations? this could cause gold and silver to go down..
i must add that like mike say's holding fiat currency is even more dangerous. the point i am trying to make is that gold and silver holdings could go down 50% easy. Fiat currency could go down much further like 90% but it is a matter of timing. Like recently the dollar has been strong only because it is a reserve currency. we will have to be more productive than anyone else for it to remain so. it the whole western world deleverages 50% and we are competitive it will be no big deal.
@Kanechi1000 You are hilarious. the dollar is strong because they are falsely manipulating it through the European deb crisis. That's how they do it and also by shorting silver and gold. They also do it with the stock exchange. If you went to a Swiss bank right now and said hey man, the dollar is strong right now. Will you take my money? They would laugh right in your face and tell you to go home.
@Kanechi1000 I totally disagree with this comment because the people with 2 much money I'm pretty sure want the pple to choose wat they want in the free market & if a neighbour renting next to a home owner with nice house & disproportionate value he has the right to say I'm buying Precious Metals because the renter can't afford the nice house. & if people want to join this renter or even minimum paying mortgage user they can & force up the PM's value. every1 has the chance @ increasing wealth
“BUT IF ALL THIS IS ECONOMIC ARMAGEDDON, YOU CAN SORT OF THROUGH ALL THAT OUT THE WINDOW” he said. I'm confused by this. Before, he has said that gold will go up regardless because of printing. Before, he has said that "economic armageddon" is precisely what would cause gold and silver to sky rocket. Can anyone comment on this? Did I just misunderstand him?
@deanmat Mike means that 60 ounces gold vs a mdeian priced home, or dow to gold of 1 to 1 or, 2 to 1 ratios will happen under normal circumstances.
In economic armageddon precious metals would shoot to extreme ratios versus the dow and real estate. You may see Gold in hundreds of thousand or millions when measured in dollars should such a thing happen.
@deanmat I think wat ur witnessing from any1 that thinks they completely understand any investment idea @ the moment is kind of getting caught up in the complexity of this disaster so they r doing their best to understand it but come unstuck every now & then. They r getting technical which is good but as a person learning it simply goes like this - Most people think value is out of whack, they can't afford falling asset values so they just go buy something with potential to rise. Ppl's choice
@deanmat Also @ the moment u need a reason to throw it all out the window. The indicators @ the moment r either gold to not drop or rise. However people aren't buying bonds & borrowing Therefore their r no more dollars because the ppl of the world hav decided they don't want depreciating dollars of any currency. Even if ppl decide to rush back to the dollar as reserve currency or their own currency Their will b so many dollars it's called hyperinflation sorry no space to complete explain
look at the global loss off life within the mining industry, put against the loss off life within the BANK OF ENGLAND , industrial injuries , zero digital paper cuts , where are you going to put your'e paper people , buy fuck'n silver now.
@omascho I usually have to restart the video and watch it again, because the first time I enjoyed it too much to absorb the facts. He's a damned good public speaker.
@NuclearSiege I think he's gonna do it how he wants it & only listen 2 his paid up subscribers & only if their is a majority percentage that have similar views. Otherwise all the different sized video's & different views r good. It's starting to heat up. So there needs to be more info faster which would also encourage u to subscribe to his business helping u with selling ur precious metals.
1 question mike....if i'm getting what your saying then 60 oz of gold to buy a house is the range that your looking for....so at a 15:1 silver to gold ration wouldn't that mean that it would take 900 oz of silver to buy that same house....i'm sure that you've said that your expecting to see it take less than 500 oz of silver to buy a house....maybe even 200....i know that you don't have a crystal ball but would you mind going in on that in your next video....PLEASE :)
vanityrose12 1 month ago
Wealthcycles is beginning to lose credibility in my view because they have been silent during the last month's downturn in Silver price. PM investors are concerned and need to hear comments about what is going on during pullbacks as well as bull moves in the PM realm. Funny how when the market is sunny the gurus come out of the woodwork. When the storm clouds roll in they hide.
chimpanzeepoopdick 2 months ago
@chimpanzeepoopdick Ive been thinking the same thing. I thought these guys would be the 1st to report why they think the sudden downturn is happening.
MAADMO 2 months ago
@chimpanzeepoopdick If PM investors are concerned, it's due to their own lack of understanding. NONE OF THE FUNDAMENTALS HAVE CHANGED. All you have to do is wait. Look at the bull market of '71 to '80. There was a down year when gold and silver lost value, then they went up to a new high the next year. YOU CANNOT FIX A GLOBAL DEBT PROBLEM WITH MORE DEBT. The only solution is a return to the gold standard which would still benefit PM investors, obviously.
WreakingHavoc1 1 month ago
Can we watch all of it?
MrEnglishful 3 months ago 2
That suit looks expensive....;0)
But seriously you can be an "Insider " by just buying a 1 troy ounce silver coin from MM...There may be a time when that investment might be the best on you ever made... Not to be hypocritical, my order will be coming soon, God willing!-)
Meanwhile- I am clueless as to the metals short term moves?... Up, down or sideways _ - I have no idea.
felixdov 3 months ago 2
get out at less than 60 oz. of gold for avg. american home well we are there 60 oz. is 100k and avg. american home is 89k so we should be getting out of gold?
BigKidCountry 3 months ago
Yeah this is something i dont understand either. Im from the uk and the average 2 bedroom house costs around £75k and today an oz of gold is £1104.00 so basically 60oz of gold can already buy me a house and mike is telling us to keep stacking? that if we have gold we will be able to buy a house for 'pennies on the dollar'. It doesn't make any sense and im starting to think were being mugged for our money. after all he does have a partnership in a gold mine... what do you think?
MAADMO 2 months ago
@MAADMO Lol where do you live in the UK cuz the average 2 bedroomed house is worth way more than 75k.. it's at least double that!
PeasantofMercia 2 months ago in playlist Uploaded videos
@PeasantofMercia I live in leeds. I shouldnt have said 'the average' but you can get houses here for 60k and below. Ive seen 1-2 bedroom houses for 40k in some areas too. Ive been collecting gold and silver for afew years now and have got a good amount of it however I do believe theres alot were not being told about its purchasing power. It cant be that easy to just hand over gold for a house.
MAADMO 2 months ago
@MAADMO Yeah well leeds is quite cheap for the UK, the closer you are to London the more expensive. If you have enough now all you have to do is sell your metal and then buy a house with cash though real estate is still overvalued atm. But when fiat currency collapses then some people will accept gold instead of cash and if we go back to the gold standard it wont matter anyway. exciting times.
PeasantofMercia 2 months ago
60 ounces! u mean with 2 onekilo bars i m gon be able to buy a house, hmm not in switzerland, here house prices r through the roof. keep stackin brooosss
sapiensproeliator 3 months ago
Debt collaspe 2 coming out Mr. Maloney ? im confused ?
pringle959 3 months ago
Hey Mike, keep up the great work..! Happy Thanks Giving Brother..! ( great to see you on the Keiser Report )
Cryptocracyz101 3 months ago
WHAT ABOUT THIS SUNKEN WW2 SHIP THEY FOUND OFF THE COAST OFF IRELAND LESS THAN TWO MONTHS AGO WITH OVER 235 MILLION DOLLARS WORTH OF SILVER ON IT,WHAT WILL THAT DO TO THE PRICE OF SILVER?
Lukescomment 3 months ago
@Lukescomment It'll b the most expensive museum piece with extra sentimental numismatic historic value that will all b able to act as advertising to increase the speculative price to high prices for us all. Or its the biggest swindle to lower the price of silver some how when this so called ship with 235million dollars worth on board is a giant hoax & expect more big hoax calls. I bet that ship will some how mysteriously even disappear which will again add a heap of value to silver spec nice
devided1001 3 months ago 2
@Lukescomment Probably nothing. Very surprised if that silver is not sold in the numismatic area to collectors.
eventuallythetruth 3 months ago
best
vonGleichenT 3 months ago
LATEST: Google --- 11.23.11 --- "Sprott to Buy $1.5B of Silver Bullion"
dijibeat 3 months ago
if 90% of the money in existence is fake lent out by bankers through fractional reserve then if this time the banks are let to fail like in the 30s there will be an extreme contraction in the money supply and the price of all assets will go down.
the ruling class may have short positions betting on it as they control the action.
maybe in the face of sure failure this time they scatter like cock roaches first come first serve for generations? this could cause gold and silver to go down..
Kanechi1000 3 months ago
i must add that like mike say's holding fiat currency is even more dangerous. the point i am trying to make is that gold and silver holdings could go down 50% easy. Fiat currency could go down much further like 90% but it is a matter of timing. Like recently the dollar has been strong only because it is a reserve currency. we will have to be more productive than anyone else for it to remain so. it the whole western world deleverages 50% and we are competitive it will be no big deal.
Kanechi1000 3 months ago
@Kanechi1000 You are hilarious. the dollar is strong because they are falsely manipulating it through the European deb crisis. That's how they do it and also by shorting silver and gold. They also do it with the stock exchange. If you went to a Swiss bank right now and said hey man, the dollar is strong right now. Will you take my money? They would laugh right in your face and tell you to go home.
bullshit3118 3 months ago
@Kanechi1000 I totally disagree with this comment because the people with 2 much money I'm pretty sure want the pple to choose wat they want in the free market & if a neighbour renting next to a home owner with nice house & disproportionate value he has the right to say I'm buying Precious Metals because the renter can't afford the nice house. & if people want to join this renter or even minimum paying mortgage user they can & force up the PM's value. every1 has the chance @ increasing wealth
devided1001 3 months ago
“BUT IF ALL THIS IS ECONOMIC ARMAGEDDON, YOU CAN SORT OF THROUGH ALL THAT OUT THE WINDOW” he said. I'm confused by this. Before, he has said that gold will go up regardless because of printing. Before, he has said that "economic armageddon" is precisely what would cause gold and silver to sky rocket. Can anyone comment on this? Did I just misunderstand him?
deanmat 3 months ago
Comment removed
adshoiu8d 3 months ago
This has been flagged as spam show
@deanmat Mike means that 60 ounces gold vs a mdeian priced home, or dow to gold of 1 to 1 or, 2 to 1 ratios will happen under normal circumstances.
In economic armageddon precious metals would shoot to extreme ratios versus the dow and real estate. You may see Gold in hundreds of thousand or millions when measured in dollars should such a thing happen.
adshoiu8d 3 months ago
@deanmat I think wat ur witnessing from any1 that thinks they completely understand any investment idea @ the moment is kind of getting caught up in the complexity of this disaster so they r doing their best to understand it but come unstuck every now & then. They r getting technical which is good but as a person learning it simply goes like this - Most people think value is out of whack, they can't afford falling asset values so they just go buy something with potential to rise. Ppl's choice
devided1001 3 months ago
@deanmat Also @ the moment u need a reason to throw it all out the window. The indicators @ the moment r either gold to not drop or rise. However people aren't buying bonds & borrowing Therefore their r no more dollars because the ppl of the world hav decided they don't want depreciating dollars of any currency. Even if ppl decide to rush back to the dollar as reserve currency or their own currency Their will b so many dollars it's called hyperinflation sorry no space to complete explain
devided1001 3 months ago
Jeez, haven't seen Maloney in months!
notpcone 3 months ago
This has been flagged as spam show
If you really want to get this information out do it for FREE!!!
TheFabled1 3 months ago
Need more cowbell.......Is there anything else to do to become an insider other than signing up for the newsletter? Love the info and perspective.
RockyMountainPrepper 3 months ago
look at the global loss off life within the mining industry, put against the loss off life within the BANK OF ENGLAND , industrial injuries , zero digital paper cuts , where are you going to put your'e paper people , buy fuck'n silver now.
firefox666moll 3 months ago
Mike is great! Thank God for his valuable info!
cookieandchloe 3 months ago
One of the best Mike Maloney Vids, an oldie but still great, search "Mike Maloney Schools Bankers on Deflation, Gold and Silver "
Bushogboner 3 months ago
Mike Maloney, thank-you for the gift of knowledge you have shared with everyone who has read your book.
TheSilverWatch 3 months ago
I could listen to him talk for hours and hours
omascho 3 months ago 17
@omascho I usually have to restart the video and watch it again, because the first time I enjoyed it too much to absorb the facts. He's a damned good public speaker.
tiburonsmoke 3 months ago
Mikey, these 2:50 min videos are brutal. I need my fix. 1 hour minimum for a vid next time please! :P
NuclearSiege 3 months ago 39
@NuclearSiege I think he's gonna do it how he wants it & only listen 2 his paid up subscribers & only if their is a majority percentage that have similar views. Otherwise all the different sized video's & different views r good. It's starting to heat up. So there needs to be more info faster which would also encourage u to subscribe to his business helping u with selling ur precious metals.
devided1001 3 months ago