$10 Oil Follow Up - The Case For Short Term Deflation - Mike Maloney of Gold & Silver Inc
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This video is a response to $10 Oil? Mike Maloney Schools Bankers on Deflation, Gold and Silver (Part 1 of 2)
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Real Estate is at a bubble and the banks need to get the foreclosures off their books, so the will empty them into the maket causing a flood of too many homes in foreclosures, and auctions.
KamikazeKoscki 1 week ago
The Great war is planned, WW3. That will affect a lot of things. Real Estate has taken a hit and the banks need to get rid of more of their foreclousures and empty them on the market, so that is good for anyone wanting to buy a home for 4.0 percent=2012. That is a better rate than 7% in 2001, for a 30 year loan. 50 Million Americans are on foodstamps. Will the dollare collaspe seems like that is what we all want to know?
KamikazeKoscki 1 week ago
I want to marry Mike! Where can I adress my proposal to? :-D
MissSooKeys 1 month ago
Hi Mike....when did the Banking Forum take place? TKS ...it is now Jan 4, 2011 and silver is at $29 ...As a commodity, silver trades lower as all prices drop, are you saying then that silver will probably see lower prices with Deflation?
vid009 1 month ago
i want to buy more gold and silver i know in the long term it has meaning thanks mike great video
rolficus 2 months ago
That huge uptick you call a manipulation was the banks buying gold with federal money. Look at the USD/GLD price for that period vs the EUR/GLD and GBP/GLD.
vicj0r 3 months ago
so do you think gold and silver will go down for a wile?
HornetUK1 4 months ago
I had no idea about how fiat currency is created and that in time it's value falls to zero, and HAS to fall to zero as it's been designed as a tool for the confiscation of wealth from the majority, into the hands of the ultra-wealthy - who of course own and therefore control the banks and therefore the fiat currency system (and the government).
I truly thank you for what you've done.
stevepeev 4 months ago 2