(PART 2!) $10 Oil? Mike Maloney Schools Bankers on Deflation, Gold and Silver

PART 2 - PLEASE WATCH PART 1 FIRST HERE: http://www.youtube.com/watch?v=uzef43gdupk Mike Maloney was recently invited to speak at the 8th International Banking Forum in Sochi, Russia. The purpose of the conference was for bankers from around the world to meet and discuss the current state of the global economy, the banking system, and strategies for protecting their personal wealth (hence the speaking spot for Mike).

The first morning passed without too much fuss as each speaker gave an introduction and a brief talk on his or her area of expertise. However, by the end of the day...it became obvious that something was definitely wrong. After speaking with many of the attendees, Mike was alarmed to find that practically none of the international bankers understood our present monetary system. Most had no idea how currency is created! Here at wealthcycles.com, we've often wondered exactly how well modern day bankers understand the worldwide predicament that we find ourselves in. Ladies and gentlemen, our worst fears have been confirmed - the lights are on, but there's nobody home.

Mike's presentation on personal protection of wealth changed overnight, into one of basic education on our monetary system. How can anybody take the role of wealth protection (or running an economy!) seriously unless they can see the massive storm that lies ahead?

Whether you are a banker or a baker, a lawyer or a bricklayer...the time to get educated is NOW. We hope you enjoy Mike's frantic effort to awaken the conference from its slumber. It would have been nice for Mike to finish his speech, but perhaps there was a little too much reality on the stage for these Masters Of The Matrix, the Demigods Of Delusion.

Best of luck to us all. Subscribe to this and our other channels for more great presentations from Mike:

WhyGoldAndSilver - http://www.youtube.com/user/whygoldandsilver?feature=mhum (Mike's DVD channel with behind the scenes interviews, Q&As, competition, and free movie coming soon)

GoldMikeMaloney - http://www.youtube.com/user/GoldMikeMaloney (Archive interviews with Mike and leading economic experts such as Ron Paul, Marc Faber, James Turk etc)

OroPlata - http://www.youtube.com/user/oroplata
Spanish hub for GoldSilver.com. Also see http:///www.oroplata.com

Please take the time to visit our new educational website http://www.wealthcycles.com

To get a copy of the dvd Mike holds up, here it is: http://www.goldsilverdvd.com

To the folks commenting on the subtitles for the banker, c'mon folks use your ears it's a bit of comedy and creative licence!

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[hexstaticleon]

absolutely EPIC !!!!

by the way your book just arrived, im going to read it all right now!! hahah, thanks Mike Maloney !!!

[WealthCycles]

Glad you enjoy the channel. The book is a great read!

[lilbromarky1]

I love when the debt catches on fire. LOL Mike we love your channel.

[WealthCycles]

We are glad you enjoy the channel!

[fallenblade44]

i want to know what he was going to teach at the end!!!

[WealthCycles]

At the end he was going to show a video about WealthCycles. Which you can find out more by searching WealthCycles in your search engine.

[circusboy90210]

why do the market have to go down? what's to prevent hyper growth ni the markets if everybody started investing and no company's tanked?

[justout75]

HE DIDNT CARE WHAT THOSE GUYS THOUGHT ...LAID IT DOWN TOLD IT LIKE IT IS

[stfanciscainta]

It is my fervent hope that generations from now, Keynesian economics will be viewed by humanity like communism. Sounds good in theory, terrible in practice.

[MrElectrodesign]

I REALLY WANTED TO LISTEN TO THE PART ABOUT SILVER

[MrElectrodesign]

i feel like mr maloney is my friend

[Commando303X]

What's with the announcer...?

[ingeborgsjon]

$10 oil? he doesn't have a clue... Energy is limited by the laws of nature, normal stock market cycles doesn't apply to energy in the long run.

[09Chance]

Mr. Maloney, I've learned more from your videos than I've learned in college and I'm a Finance major! My professors believe in Keynesian economics, which is tragic. After watching your videos, I often debate my professors in class (which they hate) and they have an extremely difficult time at explaining various Keynesian economic principles when they're confronted with history and facts. I know I've won the debate when they say, "I'll explain it to you after class." (Which they never do).

[ImhoffInstruments]

Ron Paul and Mike Maloney for president? That would be an economic powerhouse.

[pep1player]

Its like Tetris. LOL