Mike Maloney says Silver at $100 /oz is a no brainer on CNBC 4-2010

[Bravesfan4500]

@DannyWilsonsLaundry just leave the country.

[THERollyboy123able]

I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.

[WJRtikus]

this guy has been too modest and spot on... predicted currency wars to start before 2012. sept2011 and currency wars have long started with swiss peg to euro, euro centralbank and fed pumping money to the system. correctly predicted silver at 30dollars plus in 18mths since this interview at apr 2010. sept2011 and its already 40 dollars! i just started stacking silver and will keep bying massively at todays 40 dollar price because i also believe it is very undervalue though risen so much

[kcrone1]

Phony balonga PUMPING away!!!

[HermannTheGreat]

When this interview aired Silver was $17/oz.... Today it is $43/oz.. You would have made over %100 on your investment if you would have purchased some then.

[Mr2wings]

Today is Sept 6th (Labor Day) 2011 Silver is $42.00 Mike was modest on his prediction.

[jayangli]

@DannyWilsonsLaundry yeah, i see wot u mean, supply does play a part. But I think dollar debasement is a major part.I don't own physical as I can't be bothered storing it and then selling it. I have etfs, or paper silver. I know the disadvantage of etfs compared to physical. I have a time frame and price I want to sell my stock. I don't plan to hold the stock for as long as like the end of the decade. I think silver and gold prices will be very high by then though

[jayangli]

I may keep hold of the some stock and keep them for a long time though. But I would rather sell most at a price point.

[jayangli]

@DannyWilsonsLaundry Explain to me, silver peaked at 50 dollars an ounce in 1980. Supplies of silver would have been less and less from then, so why has it only started to move a lot during a recession or crisis. Silver has always been used. O.k i hear there are huge short positions on silver. Debasement of currency has a lot to do with it. If the u.s started to sort their currency out, gold and silver would go down.

[jayangli]

@DannyWilsonsLaundry yeah, but not just demand i am afraid it has a lot to do with what the u.s is doing to it's currency and also in Europe. What do you think the price will be in 2015? Just be sure to sell before a major crash, which silver would go down. Funny, how silver went up in the 70-80s, when the u.s was having a crisis. Now it is doing the same. Yeah, demand is also a part, I don't disagree with that. I said that silver is cheap compared to gold so investors buy it.

[jayangli]

@DannyWilsonsLaundry u wrong. silver is cheaper so even it is a small market, you and me and anybody can get in. Not just anybody can buy lots of gold. It's to do with inflation. Dollars is chasing silver? Well, an asset needs to be bought by dollars or money for it to go up. So what's silver price in 2015 do u think?

[kcrone1]

How the hell is Silver more rare then gold. That doesn't make any sense what so ever??? And Silver catching up with gold, give me a break!!!

[UponInfinity]

@kcrone1 silver is consumed by industry. Gold is hoarded by central banks or used in jewelry.

[treadlightlynow]

but wasnt he predicting $10 barrel oil ? And he's talking about the disinflation/deflation possibility ....too little info , confusing

[GoldSilverMedia]

@treadlightlynow

he is predicting deflation followed by high inflation or possibly hyper inflation

[GOLDSILVERDUDE]

Silver $40 per oz.

[1424241]

Michael underestimated the peak of silver from the date this was filmed until now. Let's hope he is underestimating the peak of silver in the next couple years as well.

[mtmcapital]

Please call 212-481-0310 x113 to buy gold & silver bullion.

Thanks,

Mike Maloney

[Shtfinfo]

@DIVERSITYRECESSION3 Fast forward 6 months, 40$/oz.

What great times ...

[jizzleone1]

Thanks for the 30 % discount , buy the fucking dips kill 666 buy .999

[001MeTaBoLiC100]

When Silver reaches 100.00 an ounce doesn't that mean basic necessities will go up in relation to this price? ie: food prices, shelter, clothing... I am a little confused.

[jayangli]

@001MeTaBoLiC100 everything is going up because of inflation. The reason silver has gone up is because of dollar printing.

[yuc321]

Oh my god why didn't I invest when silver was $7 an ounce! This guy is right, silver is going up like crazy!

[pretorious700]

When you are talking about CNBC, "no brainer" is totally appropriate.

[back2thefutre]

Bought my first oz of silver today!

[luckyisme10]

Maloney probably loaded up at $48. Why do people listen to this nutjob? Silver will never be $100.

Just like CDE will never be $250.

[RHX2]

@luckyisme10

You are an idiot who hasn't got a clue about this stuff. Silver can and will reach $100 and even much higher. All the big name investors are buying Gold/Silver to protect themselves from inflation and the coming dollar collapse becuase of the inept policies of the US Government.

The same dumbasses telling you to Silver will never reach$100 are the same morons that were laughing at those that said the markets would collapse years before it even happenned.

[davidlee110]

@RHX2 hit him with a silver bar when i see $100.

[GOLDSILVERDUDE]

Does not seem to crazy now sheeple bitch now does it????? Already $47. YEE HAW!

[NoIDidunt10]

I remember back in 2003 when silver was $7 an ounce.I bought up about 30 ounces worth but like a dummy I thought it would probably never get to $100 an ounce in my lifetime,much less $40 so I sold it to a guy who was buying it up left and right.Now I am KEEPING what I purchase.Its better investment than a cd or savings account.The dollar is rapidly declining to toilet paper status and the rest of the world is anxious to remove as favored currency

[MrRadBee]

Everyone thought he was nuts making bold calls like "SILVER $100" in September 2010..... now look at who's laughing :)

The guy is a genius!

[pretorious700]

@MrRadBee He's not a genius, he just sees what is really happening. I saw this credit bubble coming a few years ago, and believe me, I'm no genius.

[tmaxxmm541]

hoo raw for $43 silver!

[wanderdworld]

Mike was spot on in his assessment.Prices as of 4-14-11 have doubled with change since this video was shot.Price is currently $42.25 per oz. Pull up a Weimar Germany gold and silver performance chart during the period of hyperinflation . It looks VERY similar to what we are seeing right this moment In the early stages of an inflation bombing here in the U.S. If things get even half as bad as they did in Weimar, Gold and silver holders will be some happy gilmores:)

[scillowillow]

Please check out my channel for more silver investing information and to register to win a 1 oz liberty coin. One given away every month! There are weekly Silver Market reports etc. Just click on my user name... Enjoy!

[KingJamesBible]

Silver is money, when transferring your paper fiat to Silver you're NOT investing, you're simply converting that (soon to be worthless paper) INTO "real money"

So, don't look at it as an investment , that's what Wall street wants you to do. Investment implies "RISK"

Real money will always be accepted for goods and services, however paper fiat is ALWAYS driven down to ZERO.

[AudiophileTubes]

He was right! He predicted 30 or so dollars an ounce, and it's $38.50 last I checked!

[MrOmniblast]

@AudiophileTubes

And 41 now

[Itsjames1]

36.39 right now

[WhiteNinjas1013]

Hmmmm. Silver was $17.30 when this video was shot. It's $32.55 today.  I think that's a pretty decent profit, no?

[HermannTheGreat]

@WhiteNinjas1013 Yeah.. I wish I could have started purchasing when silver was $17

[Trox118]

whats everyones thoughts on bullion dealers using the fractional reserve pyramid with certificates much like fractional reserve banking? I heard monex is at 35:1

[MetalUpYourAss81]

@DIVERSITYRECESSION3

haha how bout when it was $5 per oz!!

[westmidsgold]

Please check out my channel for loads more great links on Max keiser, silver, gold and even how to profit from it

[jlg329]

he has been right every step of the way... keep stacking!

[overseasexpert]

Thank you to all who responded to my comments. Trust me - if I had the money - I'd buy silver or other PMs..

[MsMrbrown]

i wonder how much personal silver mike maloney has?

[arminho09]

@MsMrbrown I bet most of his savings are in PM, after paying off his expenses I would think he would spend rest on silver and gold

[MsMrbrown]

@arminho09 im almost all in on silver now,i just have one more substantial purchase to make.i was waiting for it to drop to $25,but the lowest it went was just above $26 now its climbing,dont know if to pull the trigger or see if it drops a bit again.wish i bought at $26 now. i shouldnt be so greedy.lol

[arminho09]

@MsMrbrown even though it is nice to save a couple dollars per ounce the movement in silver is usually very small for most parts, and whenever you buy it won't have much difference, but its all about finding the best dealer that has the best final price after calculating the silver, shipping, and fees. I suggest taking a look at provident metals, they have a great site and the prices are awesome both for the metals and shipping. 1 oz silver rounds are only about $1.40 over spot!

[MsMrbrown]

@arminho09 cheers

[BullionLimitedotcom]

IF YOU NEED CONVINCING OF THE INEVIDABLE- YOU’RE ON THE WRONG SIDE OF THE FENCE!

“BULLION IS LIMITED”

[Alucard106]

Silver is used in new technologies. Solar Panels.

[SevereTstormFan]

Well Mike's prediction of $30 silver came true faster than he predicted! It's about to break through right now!

[Seffo]

@DIVERSITYRECESSION3 Whuahah yeah... to bad I was sceptical around that time... If I would have bought it at that time I would have A LOT MORE !!!!!

[johny260]

@DIVERSITYRECESSION3 be careful when they offer you the moon. It will go up but not that high.

[CheekyMonkey888]

Maloney didn't mention a shortage in supplies BELOW ground, why?, perhaps there is no shortage, if so silver is just another bubble. Someone please prove me wrong

[birdog45]

@CheekyMonkey888 The shortage is calculated by the amount that is currently being "produced" and the amount being consumed. The consumption outways the consumption. As far as increasing production, if you find any silver deposits that are not being mined right now, make sure you tell me first.

[birdog45]

@CheekyMonkey888 Correction, the consumption outways the production. Sorry

[09SRILANKA]

Mass silver buy day 11th December 2010, buy physical only. Spread the word!

[johny260]

@09SRILANKA stick it to em!

[drumminghunter]

@DIVERSITYRECESSION3 ....I refuse to pay money to a fiscally irresponsible agency....If i gave you 500 dollars of my hard earned money and you went out and bought a whore with it...I would NEVER give you another 500 dollars!!!! Behold, our govt!!!....SSI is delved out to illegal aliens and those that have NEVER paid money into it....yet I am "required to pay it out of my income....Bullcrap!

[drumminghunter]

@DIVERSITYRECESSION3 yeah...cant buy fast enough....three eagles a day and it seems as if the thousand oz goal will never happen

I want to store food in quantity also....seems as if the gov can shut down the food supply...easily!

[drumminghunter]

@DIVERSITYRECESSION3 yeah...cant buy fast enough....three eagles a day and it seems as if the thousand oz goal will never happen

[WiseOneNoDrugs]

See "Fall of the Republic" on youtube. Then buy silver. No army can stop an idea whose time has come. We will never never never give up. Buy silver today.

[drumminghunter]

@DIVERSITYRECESSION3 yeah! I am living the

"good ole days" right now! Spot 27.35 oz

[stockman1963]

Tax requirements sales over $600.0 will get recorded. Gold at its price will force tax records. Silver can be sold off in small amounts avoiding tax form next year.

[drumminghunter]

@stockman1963 ....yeah scumbag govt!!! got it's dirty fingers in our pie....guess what......time to buy 5 gram bars of gold to circumvent the govs bullcrap!!!!

[09SRILANKA]

Mass silver bullion buy day 11th december 2010.

[MoreFaithNo]

It cannot be tied up in industrial demand or it will not be a stable asset and we will again run into stability issues, and that is the last thing you want with a global currency standard and free trade.

The difference between silver and gold in this crisis is Silver is the switch hitter that could be a game changer but gold is your tried and true slugger.

With all of the media hype you have to ask yourself which metal isn't accesible to the public, GO THERE!

[MoreFaithNo]

I believe precious metals are headed up, that is a 100% undeniable fact. As people looking to protect outselves from this currency crash ahead, we need to ask ourselves what will be the commodity that will support the new currency/basket currency.

I know silver is undervalued in terms of ratio's, but ask yourself why that ratio has persisted? What is the root cause?

Silver is backed by industrial usage, but there lies the problem! The new currency will require a valued/free useage commodity

[AustrianLens]

Dude is a snake oil salesmen jumping on the gold and silver bandwagon. Never heard of him five years ago. Associated with Kyosaki. I don' t trust him. Do your own research on precious metals.

[DatDereBlueRidge]

@AustrianLens Good for you.

[vinylmerchant]

@AustrianLens

Could you expand further? I have read Mike's book and 6 books by Robert K and I have found them to be the best business advice I have ever recieved. After studying Mike's book and his videos I find his arguments to be logical and his attitude humble. I hope I am not mistaken as I am currently following his advice wholeheartedly. Please reply........ (p.s. I am aware that Mike is a Gold/Silver dealer).

[elitemarine55]

when should i sell silver?

[TheBlitz1]

@elitemarine55 when the fed or chinas central bank stops printing money for a long period of time, or the US raises its interest rates substantially.

[b5thomas7]

when there are lines out of the door of your local coin shop, or when the host on "the view" are talking about buying silver. All bull markets end in hysteria.

[Motoicon]

Out of every 10,000 invested less than one dollar goes to silver. The people that say its in a bubble do not have the proper information. If you just listen to people like mike, James Turk, Jason Hommel, Jim Sinclair and so many other wise men, you'll be absolutley convinced that silver is the investment of a lifetime right now.

[SuperSpidey25]

You wanna know how far Silver's gonna go check this article out. This guy went out and actually researched it.

Go to bizcovering and look up an article called :

Silver. It's the next big thing.

[summer20105707]

Leapakim you are dead wrong. Alll the gold throughout history has been kept. It's still around after thousands of years. Silver on the other hand is being permanently consumed. Silver ends up in silver salts, silver nitrate, it was used in photography, electronics reflective windows and mirrors. And it's price is heavily manipulated.

[leepakim]

if silver is more rare than gold than silver must be more expensive than gold. but reality is different. hence, who is right Maloney or the market.

[sysopkc]

HHAHAHAHA Fully diversified with two physical commodities. Sure, buddy. Buy more, I urge you. Its laughable. Not to mention numerous INCORRECT statements regarding the metals markets. And China sells more gold than it buys as of 05/31.

[boipinoi604]

lol

[iaf000]

silver, strictly looking at supply, should be at least over $100!!! when demand or metal mania begin, it will be an event! XD

[Griff10silver]

It's funny how you talk to people you know until you're blue in the face and nobody I know is buying pm's. They think the subject is alien, I learned a valuable lesson, do the what no one else is doing and when they all get in, that is when to bail!!!!!

[iaf000]

@Griff10silver exactly! there will be a day when people will chase gold silver like they did with houses.

[nsolcis]

@Griff10silver its been the same for me, but I have convinced a few cooler heads to convert 401ks and cash in the bank into pm's about a year and a half ago, they thank me everyday now, i just wish I could convince more, its going to be sad to see friends starving

[TheAmericanRifleman]

A Rich Dad advisor = instant credibility.

[goldhunting]

When the unemployment benefits run dry, what happens to all that hoarded silver? The market will be flooded with it.

[GoldSilverMedia]

@goldhunting

The silver market is beyond the US borders, think outside the box.

[johnywinslow]

@goldhunting If you have not already noticed Ebay is the poor mans silver market. people will be forced to sell low,as everyone tries to make some rent money. there will be sharks with cash waiting to scoop it up.

[oilsander1]

@goldhunting Where is all this hoarded silver? A market cannot be flooded with hoarded silver because there isn't any.

[ripperduck]

@oilsander1 But it really doesn't matter. Paper silver is limitless. And that's all that really matters. Someone explain why it is that silver takes a dump in the summer? Is this the workings of a real market, or one that is controlled by traders who when they need profits drop the price when needed. It's not about physical, to much money is made trading paper and the parasites aint gonna give it up, no matter what anyone on this thread says. It's a political question, and they's got power.

[oilsander1]

@ripperduck Limited physical silver will eventually beat unlimited paper contracts. That is, if Interpol doesn't arrest those behind this fraud. Interpol is on the ground in America looking for financial fraudsters right now. I hope they have reserved enough seats.

[ripperduck]

@oilsander1 Really?? Do you have a source because that is some amazing news!!!!

[oilsander1]

@ripperduck Look at some recent Jim Willie (Golden Jackass) articles on Kitco or Gold Eagle. Jim is reliable. :)

[gerryboy3699]

@goldhunting dont know if the unemployed have that much silver. Most people think shit will continue as normal forever and are not collecting coins etc. i really don't think the masses will awaken until its too late.

[PremierLegend]

@goldhunting: Yes the market would be flooded with silver because that will be one of the only forms of true money. Smart investors will sell their silver heading into hyperinflation. However, when the economy gets back on track and the price of silver falls this is the time to restock on the silver.

[quadcatfly]

@goldhunting LOL. most of those folks dont have a leg to stand on let alone physical G or S. Less that 1% of US population have any exposure to (physical, ETF, mining corp) to G or S.

[richardsharp75]

@goldhunting Furthermore, most silver positions, long and short, are commercial. The cmmon sheeple only have silver credit cards - at best.

[GTIboost5a]

@goldhunting That's the whole point, but during the chaos there will always be a buyer for silver. No matter what there is a shortage. Plus when people demand delivery of their contracts, it's comex default.

[applesauceman]

@goldhunting this was a joke im assuming.

[rburton34]

@goldhunting Exactly. These people are telling everyone to buy silver. Thats why its up. When people start to sell it in a year or so because they need FOOD, silver will drop because the market will be flooded.

[Brie217]

@goldhunting Looks like you were wrong!

[IAmIsNigh]

@goldhunting Are the unemployed living a pauper's life just to put food on their family's table, have disposable income to buy silver? Why would unemployment benefits drying up flood the market with silver?

[goldhunting]

So little silver to buy? Maybe should check on eBay ...tons of it. Until it gets hard to find it, it's not rare. Why very little in coin and pawn shops now? The owners are keeping it as investment themselves?

Who are the ones most likely to meet up with hard times and have to sell their poor man's gold (silver)? The middle class, the majority who now think gold is too high, and therefore feel silver is the better buy.

[AEKARA27]

@goldhunting You are looking at whats on ebay. What are you kidding me? Look at available bullion inventories, look at the fact that very few silver mines exist, hell look at how much silve and gold are mined and brought into the market (80 million to 650 million ounces, less than 10 to 1 with silver being consumed on top of that). All this tell you the current price ratio between these two metals is way out of wack. its a sure bet on % basis silver will outperform gold in the next decade.

[overseasexpert]

Mike Maloney makes it all so simple and clear. The book is great!

Just wish I had a big pile of money that I could put into silver - and maybe gold. I have made a start and trust Mike's advice to put anything spare into gold and silver because whatever happens over the next decade these will be the investments to have.

[GoldSilverMedia]

@overseasexpert

Just keep converting fiat to physical PM's and eventually they will add up. Good luck!

[TheAmericanRifleman]

@GoldSilverMedia Please define physical PM. Thanks.

[GoldSilverMedia]

@TheAmericanRifleman

Sorry, it stands for precious metals

[evadidio]

@overseasexpert Ted Butler also trust silver. Surely gold and silver (and copper too ) are better than paper- money...

[FUZZYisBIG]

@overseasexpert This is my attitude, I just buy 10oz of silver every few weeks and hoard it away, in time this will build up.

[sgwarrenb]

its more rare cos bankers has not create enough paper for silver to trade in exchange... gold is 100 to 1... so it appear as-if there's more silver than gold... when there's 100 times paper silver for every physical silver... there will b more silver than gold...

[skybirdbird]

great post...tkx