Will people buy gold for $15,000?
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Uploaded by GoldMikeMaloney on Dec 4, 2009
Mike Maloney, founder of Goldsilver.com explains where we are in the gold cycle and why he believes that gold could go to 15,000 dollars an ounce.
Visit http://goldsilver.com/home/ref/992/ to find out more.
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Top Comments
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For every person LOSING money in the housing market, there was someone GAINING an equal amount of money at some point. Therefore, we are still heading for hyper inflation.
2 years ago 11
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The market does not lose money. Money does not disappear into this air. It just shifts between who is holding it and the money stays in the market.
2 years ago 7
All Comments (81)
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Dear Gold,
Please go to $15,000/oz real soon.
Love, Hyperinflation xoxoxo
4 weeks ago 3
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@ellie3637 obviously
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@GoldMikeMaloney Bernanc had told the world when asked by Ron Paul that Gold was not money? Was the Bernanc drinking at the time, ill, or under orders to keep the ponzi scheme going?
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@GoldMikeMaloney Can you put gold in a bank?
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the cycle just began, does this mean does the price of gold going even higher (to 15000)?
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silver is underrated
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if you have gold will you be able to sell it for $15K an ounce
2000xlt 1 year ago 5
@2000xlt Yes you will always be able to trade gold for it is money. Regardless what happens to fiat currencies, gold will always be money.
GoldMikeMaloney 1 year ago
Markets are supposed to be about price discovery. Whenever someone says gold is at X amount of dollars there are supposedly buyers and sellers who have driven the price there.
In today's rigged markets price is less reflective of the free will of the markets and more reflective of manipulation and price fixing (starting with the fixing of money by the FED and central banks).
Once Gold is in the high 4 - 5 figure range, the free markets will be closer to the true free market price of monies.
GoldMikeMaloney 1 year ago