THE DOLLAR CRISIS (2/3) Mike Maloney & Richard Duncan

[markmartinez717]

This is a very "loud" video. =p

[bryonwoods513]

Your video is a favorite on Nay Pyi Taw



[Dreama40]

There going to buy more gold and silver :)

[AndoverIT]

Watching 9:06 was a good prediction as we've seen this last week with the down grading of the US credit rating.

[clevelandbrown123]

LOL "they are lying by 100%"

[lambdalady]

are you guys going some place? Or does Mike Maloney just do ALL of his videos from his limo??? LOL

[Answerquestions1]

obama just said that he is going to reduce goverment expencess to 50% and USA will start to pay its debts ¿would that solve US DOLLAR crisis??

[colinjockgraham]

@Answerquestions1 yes we can!

[dpla5762]

I want to see these charts Mike talked about at the end of the video!!!!!!!!

[robert4you]

Great video! Very well explained. Looking forward to part 3.

[marchetta67]

Where's Part 3? Still waiting........

[argentino10940]

Where's part 3??

[MisterSilverBug]

ok, we're ready for part 3 Dan :)

[WordsAtWill]

Gold is the currency of kings

Silver is the currency of gentlemen

Barter is the currency of peasants

Dept is the currency of slaves.

[MyYogiB]

That RR sure is quite ...

[Search4truthfulness]

Mike where is the 3rd video of this series?

I look forward to watching it...good videos!

[ytgv3fc7]

@bweazel @hanksnow82

once again this video shows that cash is trash

gold & silver are real money

banksters are thieves

[rllang01]

Mike Maloney, quantifying the politicians lies, GOD I LOVE IT ! :-D

[favorunmerited]

I like your videos, and I've put what I can into silver, several weeks food, and a method to make water from a local stream safe to drink.

The only thing that bothers me about your videos is the constant reference to a fiat currency. Fiat oversimplified means the accepted currency of the gov't. If we were on a gold standard, gold would be our fiat currency, and a lot more stable.

Readers of this comment, watch some video's about Guernsey Island Money, then the Bank of North Dakota.

[ytgv3fc7]

@favorunmerited "If we were on a gold standard, gold would be our fiat currency, and a lot more stable."

If we used gold & silver coins we wouldn't need a fiat paper trust in the middle. Having paper IOU's always allows fraud. We need more stability in the currency we use than the kind of fraud, mismanagement and boom/bust cycles that can happen with owning a stock in a company. Money supply should be no more than a small % difference to goods & services in circulation.

[otherside333]

Gold standard now supported by Alan Greenspan

search on youtube for video, link doesn't work

[tesskansas]

Nice neighborhood.

[zalida100]

Great vid - very enjoyable - Thanks

[charronfamilyconnect]

IF we are headed for a bubble burst and depression will this be bullish for Gold and Silver???? I know gold can be bullish in a depression but what about silver?? I thought silver would be bearish market if the majority dont have enough money?Who is going to buy up the silver? Will it be China even if their economies are also in a freefalling economy?

[tradergee1]

@charronfamilyconnect what you have to watch is purchasing price not price. If the global economy crashes the metals will buy more of everything regardless of price.

[greggh]

9:20 "Politicians aren't smart. They're going to cater to what people want."

Wrong. Politicians cater to what the ruling class wants. The people get the shaft.

[TABOOVSKNOWLEDGE]

@greggh The ruling class are the people. We don't exist!

[bruno188home]

@greggh they do need votes, so need to buy them somehow.

[Wittmann73]

are they just driving around there?

[itubeutude]

@Wittmann73 Probably going around in circles.

[whygoldandsilver]

@Wittmann73 On the way to a speaking engagement.

[dmger14]

Maloney and Schiff both recognize it will take VELOCITY to drive hyperinflation. Maloney says velocity will come about when Bernanke prints so much money everyone feels good about their economic position and spends. Schiff says velocity will occur when people realize more and more that the dollar is toilet paper and spend money as soon as they get it, hence the velocity (MV=QP).

[ytgv3fc7]

@dmger14 "Maloney and Schiff both recognize it will take VELOCITY to drive hyperinflation. Maloney "

No, hyperinflation is caused by a currency-crisis lack of confidence and will jump ahead of the velocity at that level. The lower levels of velocity needed, Schiff and Maloney can both see this, to spook people will be just at the bare edge of hyperinflation, not even really there, just like watching Thelma & Louise BEFORE they go off the cliff.

[dmger14]

I assume part 3 will be available to watch soon.

One thing Jim Rogers said that makes sense to me is that, with all the money printing, the nominal value of the stock market could stay high even while its real value declines. Mike Maloney says the market will roll over (dead cat bounce). It will be interesting to see, but I cannot see the market continue to go up as M3 has declined even with M1 "money printing" due to credit contraction.

[ytgv3fc7]

@dmger14 I can't see M3's impact being nearly as powerful as M2. M1 and M2 have a much more powerful effect on every day life compared to M3.

[TheReallitycheck]

Thanks for not holding the interview back a week. Keep them comeing.

[bossduff]

Awesome set of videos Mike.

Thank you

[ok1jwc]

million hits. @dmger14 yes I was thinking about that $10 oil thing as well. I wonder what he thinks will happen there.

[ok1jwc]

Its pathetic that we only have 31 views for this. Snookie would have a

[smasila]

@ok1jwc Agreed. Alot of people are going to be killed when this next leg down happens.

[dmger14]

I like Mike Maloney's thinking and the conclusions he draws, but do question his $10 oil prediction. Has he altered that prediction any in light of the recent surge in oil prices?

Also, where is part 3 of this video? Thanks

[ok1jwc]

1st! lol I know how stoooopid huh? Anyway buy gold and silver while you still can!