Gold and Silver News 10/29/2011 EU Debt Deal

EU Debt Deal

Eliminating USD

US Mint Sales of Gold and Silver Eagles

Category:

News & Politics

Tags:

• 500oz
• gold
• silver
• mike
• maloney
• christian
• garcia
• eu
• debt
• deal
• euro
• dollar
• bills
• coins
• american
• eagle
• sales

[GrahamStirlingWard]

Dear Mr Garcia,

Is Mikes exit strategy restricted to Gold/Silver customers only or will he/you be relaying the info through this channel or the main website.

I am a great believer in the cause and like you say, i am staying focused and sticking to the fundamentals.

I am based in the UK so i am not a Gold/Silver customer, but i would be grateful for Mikes guidance during the endgame.

I have asked this question direct to the Gold Silver website without reply.

Regards

[GoldMikeMaloney]

@GrahamStirlingWard

Yes, Mike's Exit Strategy is restricted to our paying customers. Currently his exit strategy is only expected to be detailed and available via email. As time progresses, that might change but email is a direct way to contact our clients.

I do apologize for any non response. Allow me to be your point of contact. My email address is cgarcia@gmail.com

Thank you for your support and keep to the fundamentals

Cheers!

[SCobserverDavid]

Question/Request: Please expand on the % of mining shares, seems so extreme and important. Any more information on that would be very interesting/important, imo. thanks for the updates also!

[GoldMikeMaloney]

@SCobserverDavid

The significance is that as this precious metals bull market plays out, the big institutional investors will come to realize that they better diversify more into commodities and physical tangible assets. They will change their portfolio and exposure and revert closer to their historical mean. They could easily double or triple their current exposure in gold or silver. And as physical inventory thins out, the big money will grab the next best thing, the mining stocks. Thanks

[rei9707]

Their getting ready to introduce the new currency in 2012.

[aurargint]

Auf dieses Video antworten... thanks for your updates christian!

[aurargint]

@solitaryairborne

well, I grew up in a socialist country. if this will come true, the best way to keep your wealth is to leave that country. you can call this geopolitical diversification so remember: you might need to use gold to get out. anyway, if the socialism rises again the things will get a lot more complicated but owning physical will still remain a way of wealth (and under certain circumstances life) protection. take care!

[candyban01]

I hope I won't ruin the surprise by revealing Mikes exit strategy ...

His exit strategy is to simply stop buying silver ... as guess what ... he has built a nice infrastructure to offload all his silver through his shops. And when he is almost through his stock, he'll send out an email saying "I sold it all, c'ya". Good luck finding a buyer for all your silver.

[candyban01]

It is sad to see you are promoting the silver ponzi scheme. Before 2000, average mintage was about 5M ounces. Between 2000-2007 average of 10M ounces. 2009 and 2010 about 30M ounces and that is eagles alone. There is a LOT of silver out there. Be wary before you buy silver. It is not as scarce as they try to make you believe.

10 years ago silver was less than $5/ounce. The fat is already off the milk. You still can make a profit if you know when and where to sell.

[vonGleichenT]

Would love to become part of the 1%. Unfortunately because I am part of the 99% I don't have the capital to accumulate physical :(

[envitran]

i have been watching ur vid. thank you. keep the language simple so that lil people less smart like us in developing countries can follow. i guess our theme song would be 'saving our butts' not so much on 'gain'. well Mr. Garcia, stay focus, stay pure, keep encouraging,

[wegowill]

love the show, keep it coming...

[jiminiflix]

It costs 7 cents to make a $1.00 really only worth 2 cents. The coin will cost more to make still than its true intrinsic value.