Q: How high can the gold price go? A: $15,000.

[ceovp]

anyone know what the math is, which can prove gold at 15,000

[9pt9]

I hope your right mike cuz I'm going all in to Gold & silver.

[kps75]

It is hard work to print new dollar bills. Gold and silver can easily be mined in big quantities, which means the value of gold and silver will crash! Also, take into account that the value of the dollar is guaranteed by responsible officials such as Ben "Shalom" Bernanke, whereas the miners are reckless, not caring about how they cause the price of metals to plummet! Also, you can't eat gold and silver!!!

[mintydent]

@kps75 Sell me your gold and silver then. I will give you paper so you can burn it when it becomes worthless.

[kps75]

@mintydent Haha, you think the above was comment was made seriously? :) Well I guess there are still enough idiots around who think along the lines I wrote, so I understand your reaction. (Actually, my position is the complete opposite of what's stated above.)

[mintydent]

@kps75 I almost thought you weren't being serious, but I couldn't really tell ;)

[FortNikitaBullion]

So Credit Cards cause inflation?

[matjesworld]

Well I think $ 15,000 is too much, but $ 2,000 is possible. Even if you buy it now for 1,400 it is ok. Wich bank is paying good money for my money at the moment? The income from interest is going down since more than two/three years.? I mean it´s sure, but it becomes more and more worthless.

[theresidentone]

I can' afford gold :( bought 2kgs of silver and 20 silver ozs... wish I'd bought some gold back in 06-08 wudda got a few ozs. If I had credit cards I'd max them on gold/silver, but I only have a debit card.

[EganRoegner64]

Dowwnload the audio from this vid at tubepull doht cohm.

[amd2q9]

what happens if all of a sudden people are like "hey, gold and silver are pretty god damned useless. being shiny is not that sweet after all."

[souben4490]

@amd2q9 silver and gold CANNOT be printed at will!!!!!! Paper(monopoly) money CAN!!!!!!!! There is no logic behind your statement.Do yourself a favor and convert some of your paper into hard assets friend.

[paulzeaiter]

Yes....thats true, but what is the One World Currency going to be backed by?, and how much will it be worth against gold and silver.......I am sure the government will find a way to rip us off when this happens.

[paulzeaiter]

Can someone tell me that if the price of gold and silver skyrockets, and cash becomes trash, we could see the prices go to infinity, and there really wont be a price for gold and silver because no one will want to trade it for useless money. If everyone holds onto it and doesnt want to trade their gold and silver for useless cash that isnt worth anything, then what will gold and silver really be worth?

I would really love to get Mike Maloneys opinion on this.

Thanks

[paulzeaiter]

Can someone tell me that if the price of gold and silver skyrockets, and cash becomes trash, we could see the prices go to infinity, and there really wont be a price for gold and silver because no one will want to trade it for useless money. If everyone holds onto it and doesnt want to trade their gold and silver for useless cash that isnt worth anything, then what will gold and silver really be worth?

I would really love to get Mike Maloneys opinion on this.

Thanks

[martini926]

@paulzeaiter maybe you can trade with soon-to-be One World Currency.

[hershey1960]

I agree except for one thing, surface mining of silver at 18-30 dollars an ounce is a whole different ballgame from giving mining companies carte blanche to produce profitable silver at the 30-45 dollar range. Now how many ounces are available short-term to cover any shorts. Now where does the price go, with the anemic US Dollar or with the expolsive(JPM smiling) increase in the amount of newly produced physical silver? Any ideas??

[Tnat1on]

I don't understand only one thing. Why does he base the expected gold oz. price on gold held by Treasury?

[ZerroRozario]

Brilliant useless metal in the markets carries out a role of God.

[dennie6666]

I do like Mike ! Grüsse aus Deutschland von guten Freunden !!!

[69vmac]

Gold and silver will continue to rise as the US debt increases. The taxpayer is getting the short end of the stick through inflation so that Congress can spend with abandon. Check out "Why we are in so much debt" on YouTube.

[jayangli]

@69vmac what if the u.s defaults on debt

[MrGreatLakesBuffalo]

To "Mr. New World Order Bank". I know who you are. Satan bastard. Here's what I did. I put my credit cards in a plastic bag, then inside another one with water and put them in the freezer! HA. LISTEN CAREFULLY YOU  NWO BASTARD. I WILL N E V E R USE DEBT AGAIN. You are through. To the Govt. If you do a metals confiscation...I'll fucking bury it. Fuck off. I hope this economy crashes hard. I'm ready. Ha!

[davidmthekidd]

A+ brother..

[malumalumalu]

i love roast chicken

[MasterOfTheLight]

@MrGreatLakesBuffalo dude you're paranoid, also freezing your credit card does nothing to stop them you have to cancel them otherwise it's just an unused piece of plastic you pay to use.

[donniebrasco24]

great book !!! bet with tide people!!!

[quezer0]

gwahahahahahaha

gold is bouncing like a mickey mouse ball between $998-1007

let the games begin.& if price drops we will buy!!!!!

[donniebrasco24]

too late for that dude, you missed the train!!! $1050.00 and rising!!! let the gold rush begin!!

[keithholden]

Out standing revolving credit doenst expand the money supply as it has to be paid back with interest.

Decreasing the money supply once the credit has been maxed out.

Eg what has just happened in usa.

Now a shrinking of the money supply as people cant take on more dept , but have to pay back the depts they owe.

[quezer0]

not with the way ppl r defaulting

[30percentplusreturns]

This guy will be a legend. Im buying silver and gold like crazy

[superchink28]

Be careful when buying your PM. Always try to go under the radar from government. Always buy your metals anonymously whenever possible.

The last thing you want is government KNOWS that you have some, IF gold confiscation happen.

[vinny1010]

Hell yeah dude!!

[jayangli]

@30percentplusreturns Why would silver cont to go up as economy could be alright, as silver relies on money printing to go up

[joediesel187]

there will be a mike maloney was right video soon. even if the us change the currency, it will still probably back by silver or gold.

[richardminhle]

Buy some gold and silver and head for higher ground guys b4 this gigantic economic tsunami hits

[mreisma]

really exciting

[13117510]

Mike, I am certain that in 5years you will become a legend. And then everyone will be saying why didn`t I listen to him.

[Tasadaru]

Read this man's book "Guide to Investing in Gold and Silver." I promise you, it will be one of the BEST books you will ever read concerning finance and precious metals. The lesson about cycles is also mentioned in Jim Rogers' book "Hot Commodities." So yes, there is a cycle we are in and they AVERAGE 20 years. Jim Rogers did an interview with Peter Schiff and even said that the bull market in commodities will end somewhere around 2018 to 2023. Buy silver eagles baby!

[Chapstix9]

Poof! That is the sound of credit default, which disappears money from the total supply. Inflation is thereby delayed, until it ain't.

[frontier1701]

Additionally, The FDIC receives no Congressional appropriations it is funded by premiums that banks and thrift institutions pay for deposit insurance coverage and from earnings on investments in U.S. Treasury securities. Whats your take on how this announcement may precipitate a financial collapse ???

[frontier1701]

Later this week FDIC (Federal Deposit Insurance Corp) is going to make a statement relative to its own solvency after a record 77 bank failures this year... I believe its going to be a less than rosy picture.... The FDIC's Deposit Insurance Fund has plunged to an all time low of less than $10 billion, or 0.2% of $4.8 trillion in insured deposits. Recall that last year, at this time, the Insurance Fund had $336 billion in it....

[SilverDude7890]

Good Work!