Mike Maloney's 90 Minute Speech On Gold, Silver, Fiat Currencies, the Fed, Manias And What To Do Soon

We've all scoffed at the thought of $2,000 gold in the past. (I can remember people on a certain Motley Fool discussion board saying gold would never cross the $1,000 line.) But what do you say to the thought - the possibility - that gold might one day be priced at $20,000 per ounce?

How would it get there from here?



Even if you don't believe in $20,000 an ounce gold, but you feel something "just isn't right in the world economy", you will want to watch this video to learn what is happening to world markets in stocks, bonds, real estate and other cyclical assets

Mike Maloney, founder of Goldsilver.com, and the writer of a definitive book on gold & silver investing, Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future, gives one of the very best 90 minute seminars - with accompanying screen shots of graphs, diagrams and photos which make his concise, brilliant talk come alive.

Not only is Maloney one of the best speakers on gold, silver, money and currency in the world, he also knows the history of gold, silver, manias, stock markets, the Federal Reserve and a dozen more macro-economic topics which he covers very well in only 1 1/2 hours.


And now, grab a cup of tea or java. Find a comfy seat. Sit and watch this video without any interruptions. Just absorb it like a sponge. You might know a lot of what Maloney covers, but its those historical tidbits about past crashes, government debt, government crisis, etc., which will make you admire the man and his thesis all the more.

After viewing this, you will feel like gold will definitely blow past the $2,000 an ounce mark even if $20,000 might be a stretch. But as Mike stresses, silver is an even better buy at this time in history. And he explains why in a way which shows how silver could outsprint gold for future returns.


Once you've seen this video, be sure to share it with your family and friends:

George Carlin: "Who Really Controls America"

Greed With No Bounds: How Argentina's Mafiocracy Sold Out Their Nation To Foreign Kleptocrats, Plutocrats And Oligarchs

Americans would do well to study how the lower and deconstructed middle class of Argentinian people took to the streets after decades of privatization and giveaways to a global corporatocracy. This once public or common wealth of Argentina, when privatized, was usually sold at low slanted bids to criminal insiders at Too Big To Fail Banks, Big Multi-Naitonal Oil Companies, and the like, while Argentinian "insiders" were paid off. These insiders, called Argentinian Mafiocracy in the film, bankrupted their country and destroyed the pensions and healthcare of their people who were the worker bees responsible for building up the wealth over the years.

In this film, you will learn how the richest 10% of Argentina quickly took control of 60% of that nation's wealth through the corrupt machinations of politicians from all parties, and by using corrupt union leaders, lobbyists, bankers, businessmen, the IMF, the World Bank, and other wealthy and soon to be wealthy criminals to do their bidding.

This 10/60 wealth disparity figure galvanized the students, workers and pensioners of Argentina into a Solidarity which took to the streets for years to protest against their corrupt government and Central Bank. Amazingly, here we are in America, at the cusp of 2011 A.D., with 10% of Americans owning 71% of our wealth . . . which is a bigger disparity than that which made Argentinians angry enough to take to the streets!

Instead of a movement of all American workers, retirees, the under-employed/unemployed and the 99ers we have Senators and Congress People trying to block medical care to 9/11 first responders or trying to cut off much needed aid to people who've been unemployed for longer than 99 weeks, while corporate lobbyists for Big Banks, Big Oil, Big Pharma and more are writing bills which Congress rubber stamps, and Wall Street banksters are raking in hundreds of billions of dollars in bonuses and bitching about it in the nation's media.

As you watch this enlightening film about Argentina, keep in mind the allegories your critical mind will find and overlay with what has been going down in America since the "Reagan Revolution".

In many ways, this film is disheartening as it shows un-regulated greed abetted by a compliant government will soon enough bring a country to its knees. But in another context, this film is uplifting because it shows what a angry majority of lower class and middle class people are capable of when they unite:

p.s. I had no sooner put this post up on my blog when I clicked on James Kunstler's latest from his "Clusterfuck Nation Blog" titled The Moment of Convulsion. Here are the first three (continued below Part 1 of the 12 Part Film)

Part 1

paragraphs from it which tie in nicely with the film you are about to watch:

A little ways off the curb on the Boulevard Henry IV here in Paris, you can see the memory of the Bastille outlined by a course of masonry in the pavement, in particular one of the bulbous towers of the old fortress-prison. It marks one of those threshold moments in history when things got out-of-hand - in the late afternoon of July 14, 1789 - and by the time a mob had detached the head of Warden Bernard-René de Launey from his shoulders and paraded it around on a pike, everyone in the city knew that they had crossed into the politically unknown frontier of Revolution.

Seeing this residue of history put me in mind of a riddle that one of my college professors presented to us one day years ago: why did Achilles drag Hector around the city of Troy three times? We came up with dozens of reasons ranging from conjectures out of the text of The Iliad to lame bits of Hippie numerology, but nobody could furnish the answer that the prof was looking for, which was eventually revealed: Because he [Achilles] was just that pissed off.

This was the idea that dogged me in the winter twilight of Paris late on Christmas Day as I pondered the fate of my own country back across the cold cold sea. A lot of Americans are beaten down and discouraged these days. They've lost not only jobs, incomes, and houses, but also a sense of purpose, and perhaps faith in the essential fairness of the American venture - as the propane runs out, and families try to subsist on Froot Loops, and the re-po squad turns up to haul away the Ford F-150 Raptor. Meanwhile, in their last remaining refuge from harsh reality, TV, they glimpse the likes of Jamie Dimon, Chloe Kardashian, and Jay-Z emerging from limousines looking hopelessly bored with wealth beyond imagination. When will the folks out theremove from shame and despondency to being really pissed off about the disposition of things?

Isn't that a question, though?

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Part 12

Business/Economic/Housing/Layoff News for July 28, 2010

Coming Up . . . A Decade of Declining Home Prices

The Church, The Peak, And My Old Watch

Congressman Bernie Sanders: "No To Oligarchy"

Welcome to Bank Owned Las Vegas: Nevada's Economic Misery May Be America's Future

Gift From Fed Stops as Profits Shrink at Banks Led by JPMorgan

The End Is Near Unless Women Take Control Of Wall Street

The Death of Paper Money

Chinese banks may be on the hook for hundreds of billions of dollars worth of unpayable Chinese construction loans

Apartment Rentals Surge in U.S. on Home Foreclosures, Job Gains

Census: Moves because of evictions increase

'Systemic risk' theory gains in stature as way to prevent the next bubble

Local Governments To Cut 500,000 People In 2010 And 2011, As $400 Billion Budget Shortfall Brings State Economies To A Halt