Is It Too Late To Buy Gold and Silver? - Mike Maloney & The Elevation Group

http://TheElevationGroup.net - With the recent price drop around the precious metals over the past month, many people are wondering if the precious metals bull market is coming to an end... If they should sell now at a loss before the price dives even more...

So... Are they right? Should you sell your metals, or buy more? Is the price going to increase or decrease from here?

Michael Maloney joins us via video with the answer...

http://TheElevationGroup.net

Category:

Education

Tags:

• Gold
• Silver
• goldsilver
• Mike Dillard
• The Elevation Group
• Mike Maloney
• black box investing strategies

[mtube620]

i smell alot of sock puppet (hired trolls) here

[Bravesfan4500]

@YouTheory Silver will have the highest percentage, because it is much cheaper than gold. I would say buy some ounces of gold to afford your living expenses in high inflation or before hyperinflation. Moreover, you need to read books about monetary history such as Moloney's book, and Jim Rickards book "Currency Wars." You don't want to be dissuaded by some of these shills on the Youtube comment board. Good Luck bud.

[RandomUser2009]

10:45 what about dividends for the Dow

[JohnMuise]

@RectifieD True. I just started to invest in silver. 10 oz at the moment. 

[RectifieD]

@JohnMuise To me its not, but several year back in 06 or around then it was $300, so its already started to correct itself. Personally, what I have read & charts in the value of Gold/Silver through history it has to reset itself - if you will. 10/15 yrs time youll b laughin. I've only just started to buy and I'd say I'm probably right at a ratio of 5:2, in silver's favour (Coins btw), given the cost of Gold and the fact Silver is dirty cheap right now (GBP £83 1 oz, convert to ur currency)

[JohnMuise]

1800$ an ounce is cheaper then dirt? If that is true i am poorer then shit.

[AProjection]

So when do you guys expect hyperinflation? I don't believe it will be that soon.

[FortitudeOfHeaven]

Too late is if/when it goes to $1000000000 an ounce.

[dowhatuwill]

@HermannTheGreat No doubt they are higher. Seems to me that there is potential for them to go 400% higher , even without any further money printing. When will that happen happen? I don't know but kinda seems inevitable at some stage woudn't you say?

[HermannTheGreat]

@dowhatuwill They are around 30-40% higher across daily use items such as food, gasoline, services(medical, dental, construction) etc. etc. If the prices go too high then people won't be able to buy anything which will prevent companies from making profits so costs can't go too high, but as we've seen wages haven't increased much at all compared to the rising cost of everyday purchases in most all cases except technology items.