Added: 11 months ago
From: WealthCycles
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  • Gold Price

    goldpriceDOTorg/Gold Price Lost $17.10 Today a Close Below $1710 Will Drag Gold Further Down ... The Gold Price Broke Today After Rising all Week

  • @KamikazeKoscki POSTED FEB. 21, 2012

  • I heard that GOLD COULD RISE FROM $2,000 AN OUNCE IN FEB. 21, 2012 TO $8,000 OUNCE??????

  • When people don't refinance or trade up for a better home, then the real estate pops, the real estate bubble bursts.

  • All real estate belong to the military, this is why they issue a zip-code(like a serial number on a product,so they know how to track the location and events.the courts are the general best friends.

  • When will we know the silver cycle is over?

    Once the silver cycle is over, where and how do we learn to become a good real estate and stock investor?

  • Its now late Sept 2011, operation twist is in play, IMF warns of dark clouds coming, Silver and Gold take a dive in price(scary stuff), I beleive that the fundamentals are still there for a continued bull market in precious metals(ie currency), so all that said i'm NOT selling my Silver despite the prices racing down, i'm staying the course, thanks Mike for opening our eyes to the possibilities coming.........

  • masonic hand symbol received, master! (wink wink nudge nudge)

  • @TadRapidly

    lol ! masonic hand symbols...

  • @orangedac LOL? Only freemasons say that!! __:o)

  • 2011-2012 is the perfect time to purchase real estate. If you buy at the right price you can cash flow your way to a fortune until the housing market recovers, banks start lending again and prices continue to rise.. The wealth cycles are real and Mike knows how to get ahead of the curve. Listen!!

  • I think year is an excellent time to purchase real estate as prices have retracted back to what they were 15 years ago!! The cycles are Real and Mike knows his stuff.

  • Purchased my house in 2004 for approx. 481 oz. gold, it's now worth 103 oz. gold... a loss in value of -78.5%. However, in FRN's the loss is -21%.

    Not so funny how that works.

  • MAYBE GOLD WONT KEEP GOING UP, BUT IT COULD GO VERY HIGH AND HANG THERE IF IT IS VALUED AS A CURRENCY BACKING. SO MAYBE WE WONT EVER SELL OFF THE GOLD AND SILVER. YOU MIGHT JUST KEEP IT AS YOUR STORE OF WEALTH AND TAKE SOME TO THE BANK AND DRAW FROM IT. WHAT DO YOU THINK ABOUT THAT HAPPENING?

  • IM LOOKING FOR THE DAY I CAN BUY AN ACRE OF GROUND FOR 1 OZ OF SILVER.

  • What do you recommend to someone who owns a rental property free and clear?

  • Awesome work as always guys. Put your seatbelt on Mike. Need to keep fellas like you around! Crazy drivers out there ya just can't trust.

  • Follow the path of Joe Kennedy who traded his hoard of cash (same as precious metals baxck then) for high quality commmercial real estate (downtown Chicago).Today, monthly rent exceeds his entire purchase price.I believe the time is near when a silver buying panic occurs while CRE experiences a selling panic where small amounts of silver will buy major long term quality CRE for.THAT is the narrow window when exiting silver should occur.Miss the window and miss the permanent stream of major cash.

  • I just completed a study of the huge number of family multi-generational fortunes created by people doing certain things during the Great Depression of the 30's. Few people realize more permanent fortunes were created during the 30's than in any other period. The conditions of the 30's are will soon be reappear for the first time in 70 years.First - I believe silver is the besty vehicle of wealth storage - far superior to gold. Timing is everything and silver is a means to an end not the end.

  • Glad to hear mike talk about cycles. but, Fed does not print money. It creates reserves for the banks. The banks must then create loans from those reserves. If they do not create loans, the money supply contracts, Fed printing money is a misunderstanding of what actually happens.

  • Hi Mike,

    Love your work. You inspired me to educate myself

    but, 1 problem, I still can't find anyone on the internet like you. The way you tell the story is so easy to understand.

    Check out my video and tell me what you think

    When are you coming to back to Australia?

    I missed you last time

  • I haven't valued my house in silver or gold but I did look at my pension on the basis that if I had spent the same amount on gold or silver what would my pension contribution be worth now.

    I didn't get very far with the calculation it was too depressing except to say that. silver and gold would have given a massive return over the last twenty years compared to the pension plan!

  • Thank you for your generous advices! Lots of people will not be victims of financial crisis. They would rather take advantage of it.

  • For this point in time; what's your suggestion: Gold or Real Estate? if I am in Pakistan?

  • Sure. We are all going back to the 1800's and we will all barter with little bags of gold and silver coins. What a bunch of bunk. People believe this hyper inflation nonsense. They actually think we will go back to gold and silver. I'm sure our tax system will allow that. Come on Mike. It's 2011 not 1811. Too funny. You are right about cycles, wrong on dollar debasement.

  • @drkevincampbell Tell that to the people of Zimbabwe and Argentina. Best of luck.

  • @drkevincampbell my friend you need to read more. And before you reply. Take a dollar, go down to your localmarket stall and purchase an apple. then try your very best to remember what it cost exactly one year ago.

  • @drkevincampbell Some states in america have indeed recently announced going back to gold and silver. Advice: Go buy a monster box (500 oz of silver) and you will be sweet as.

  • That chart makes to top look nearer than I thought?...

    OK, I am guessing Germany east ?

  • Gold and silver dealers are greedy scum bankers are greedy scum.

  • So, what do you call it when the dow is falling real estate is falling, commoditeis are falling and precious metals are falling, like now?

  • up yours too Mike, love the fingers mate.. "Great message though buddy..

  • Mike,I had to click on dislike for this video for one reason,this video may be true for gold being in a bubble ,but and the end of the video you said" get rid of silver" how can silver ever be in a bubble when we are running out of it by the minute?? can you help me on that !!

    I will barder my with gold when the time comes to get real estate,forget stocks !!

    And as for getting rid of silver ,i would need my own island & a boat load of currency & things i can barder with !! Thanks :)

  • Mike, you are THE BEST!!! No one on the planet explains things clearer or makes mores sense than you... thank you, thank you, thank you!!!!

  • My god such a good video. Mike you are the man.

  • Mike dont you get sick to your stomach while reading in a moving car? I yack after 2-3 minutes its all I can take.

  • Best Vids in the Internet! Thank you a lot!!!

  • and continues this until it chokes empoyment completely. But citizens are loading up on debt again, they are up with the system or franckly to broke. So my question is do you see The Fed increasing rates to a point where tames inflation completely like Volker did, or do you see The Fed rolling out a new currency which would be deflationary, at least if its all promise.

  • @vicmcc We don't even Audit the Gold here in the US. If the Fed did manage to roll out a new currency, given their lack of transparency history, how likely is it that the currency will last even two years. I think that when we get to the point that the Fed says that we need a new currency, we're going to have too many people asking, "Why?" and who's being held accountable for destroying the old currency. I'll bet on gold and silver until the Fed is Dead.

  • Mike - In order for this economy to do well, and hence stocks to do well, we would need an increase of interest rates to slow down the squeezing of margins on companies bottom line. If we increase rates we collapse the economy like 2008, the economy could only handle 5-6% on the short end. Bernanke is not going to do that, we both know that. So if we continue this paper game we see metals rise indifenatly, unless the Fed keeps on playing chicken whereby brings rates up, collapse it again

  • When that time comes at the end when gold is in a bubble and begins to be overvalued, you say that this is the time to get red of your gold. How could you do so as everyone is trying to do the same thing bringing the price straight down and no one will buy your gold or there is no time.

    It easier said than done, my friend..unlike silver.

  • @nld1960 The rule of thumb for real estate is when you're happy with the deal, go for it. If I can buy a farm for 200 ounces of silver, I'll go for it. I wouldn't worry about figuring out the top, if you know now that gold and silver is going to see a major bull run, I'll bet that in 5 years or so, you'll figure out when we've gotten near the top that it's time to get out.

  • @rayme4raw Thanks for your reply. I hope I will know when we are near the top and there is plenty of time to "get out" as you say. That was my initial concern. How would one know. I have a lot of money invested in physical gold and silver.

  • @nld1960 In Mike's video "Why Gold and Silver" he talks about the fact that throughout history you could purchase a median size home for about 500 pieces of silver. With all the fiat currency out there and the fact that there is now 8 times more gold than physical silver, we could see a median size home being purchased with just 200 ounces of silver. I worry about how much silver do I need to survive the years before we reach the top.

  • @nld1960 Historically, a worker such as a guard was paid 1/10th an ounce of silver for a days work. Today, the average American makes $100 a day which means that silver needs to correct and reach $1000 an ounce. But since silver has been used as an industrial metal, it's a lot more rare today. We could see $5000 to $6000 an ounce silver or more once the entire world starts fleeing fiat currencies. At $5000 an ounce, you would only need 200 ounces of silver to be the new millionaire.

  • @rayme4raw Thanks for your reply. If that is true, I will be a millionaire many times over. The problem I have is that I have a couple of IRAs which are in a 3.5% savings account. I just dont know what to do with them. I have had over 15% of my wages taken out for these IRAs for the past 20 years. I had them diversified in stocks, but so many on these sites said to take it out of stocks. I did last year.Should have left them in.I could have doubled my accounts.

  • @nld1960 I suppose it depends where you are in life. I've told my parents that at $40 an ounce silver, they could take out $20,000 in their investments (cause they are retired) and purchase 500 ounces of silver as a hedge in protecting themselves. They don't get it, plus they worship their credit score in spite of massive debt loads that they carry, so I worry about them. Less than 2% of the American population is invested in physical gold and silver.

  • @nld1960 It would only take 10,000 US millionaires each buying a ton of silver to wipe out all of the physical investment silver available. I think that as long as you have 500 ounces of silver or more, you'll be okay. Investing in the stock market is scary when you're not an insider right now. Historically, the stock market loses 90% of it's value during a Depression. During the Great Depression, the stock market after 4 dips, lose a total of 89% of it's value.

  • That was great, Thank you!

  • @capcom101you

    That's one badass username! GO CAPCOM!!

  • @aznalucardboi  OK! TYVM!

  • one person is allergic to gold and silver

  • Great explanation of comparative values 

  • Good vid...

  • I bought our little house in Bali with gold that I bought at 700 saved me a fortune thanks Mike PS I will renovate it when gold is realy high!

  • Feel free to replace real estate with stocks. Real estate is pain: Boring and whining tenants to deal with. Stocks are easy: Just click a button. Plus, stocks are probably most suitable for most average investors.

  • Thanks Mike. My metals are a store of wealth. +ve moves against fiat are a bonus

    I don't think oil is going to hit $10 a barrel. But on other counts, I'm with you.

  • Thanks to Mike Maloney, I have doubled the value of my retirement in less than 7 months. 

  • Makes sense.

  • Love your videos, keep them coming please !

  • Mike, you're awesome. Thank you for sharing your wealth of knowledge.

  • The other thing that will happen when people stop "upgrading" their homes, is they will pay it off, and then expect to get title to their property. When they cannot get a deed, the real "bubble" will burst. That bubble is "private property ownership." This is just another piece of the Codex pie.

  • @amommamust LOL, I've got a neighbor who paid off her house and is still waiting for the title for over a year now.

  • Excellent video!!

  • are you driving and reading at the same time?

    ;)

  • I had a share of a property in the UK which slowly losing value. I sold it in January at a small loss and bought physical silver. I have been overwhelmed by amount it has climbed in value over the last few months.

    I was laughed at and ridiculed when I made the swap but who's going to be laughing when property is at the same value or less and I have added 50% or more to my investment?

  • I stay glued to WealthCycles, GoldMikeMaloney channels etc because of videos like this. Thanks so much for making information that might seem overwhelming or complex easy to understand and most importantly easy to act on :)

  • Very enjoyable stuff Dan - Thanks very much. - Classy production :)

  • Kool :)

  • I'm looking forward to the day that I can buy a house for 500 ounces of silver, Mike you're really a great person with lots of class

  • @PurpleHeart1 Thanks so much PurpleHeart, enjoy the ride...

  • @WealthCycles is it the banks who take the gold when i wish to buy a house with it?

  • @WealthCycles Let's say you only have about $20,000 USD cash, and you make less than $13 dollars an hour at your job, so you're in a 15% Federal income tax bracket. How much of that $20,000 would you invest in precious metals and what percentage would you put into Gold and what percentage into Silver?

  • @PurpleHeart1 I hoping for less than 500 here in NZ!

  • @PurpleHeart1 make that 200 ounces instead , 500 will buy you 2 homes and a car

  • @FurqaanStudios how much do you think 1,000 ounces will buy?

  • have you got a average house price/gold ratio graph over similar time span please

  • @bruno188home Go to the WhyGoldAndSilver channel and watch the movie section on Real Estate...Part 9.

  • @WealthCycles Well presented. Best use of two fingers (to describe something) I've ever seen.

  • Thank you.

  • Great Vid as usual. Mike and Dan. Thanks!!!

  • @999silverhk Thank you!

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