Mike Maloney and Max Keiser on Deflation, Gold, Silver and China
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All Comments (12)
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Gold is a horrible investment & sucks as an inflation hedge.
If you bought gold in 1980 you still wouldn't have made your money back.
It provides no income and there are storage fees.
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@SpiritSphere12 keep stackin'em stacker :)
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@SpiritSphere12 not a particularly bold prediction
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He can't influence the maturity yield curve. He thinks he can with Operation Twist.
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historic periods of hyperinflation have always been very brief (weimar germany) yet it's periods of deflation that last decades(great depression) So he has it backwards. You will see major hyperinflation followed by a deflationary spiral like we had in '29. oil is higher, commodities are higher etc. Hyperinflation followed by a long period pf deflation. Bernanke has gone on record saying he will not allow a '29 deflation from happening. Meaning he will run the presses.
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Robert Kiyosaki predicts 6,000 oz silver in the future!
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I often wonder how future generations will see or read about us now, this applies to many things in life, education, working, society, war etc. I wonder how our monetary system will be seen and studied in the future, will it be used as an example of what not to do, and what lessons will be taken from it.
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Mike or Max, do you know anything about silver mining penny stock ASLRF? Seems to be going ballistic.
i am not a rich man but every check i get at least 10 ounces of silver!
SpiritSphere12 1 year ago 9
The IMF and the FED are now openly talking bout territory for debt swap..Are we going to lose the national parks like Yosemit and Yellowstone to the Federal reserve and its owners (queen of england?)...??/..Just say NO!
17seventySIX 1 year ago