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:
Keeping A Wide Angle View On The World of Cryptocurrencies, Blockchains, Economics, Politics, Science And The Environment
Showing posts with label Democrats. Show all posts
Showing posts with label Democrats. Show all posts
16 August 2012
Mike Maloney's 90 Minute Speech On Gold, Silver, Fiat Currencies, the Fed, Manias And What To Do Soon
28 July 2011
13 July 2011
Bill Maher Wonders Why Refugees From The Middle Class Keep Voting Republican
Maher: "Every election, roughly half the population votes Democrat, the other half votes Republican. I understand why Republicans get 1% of the vote . . . the richest 1%. That other 49% (of Americans) someone will just have to explain to me. The facts about what the Republicans have done to the Middle Class are beyond reasonable doubt. And yet their base refuses to see it. The moneyed elite of America are dragging a bag filled with your future down the steps and your reaction is, "Hold on there, that looks heavy, let me give you a hand getting that into your trunk.""
Labels:
Ann Coulter,
Bill Maher,
Class Warfare,
Democrats,
Middle Class,
Republicans,
Richest 1%
04 September 2010
Business/Economic/Housing/Layoff News for the Weekend of September 4 - 5, 2010
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Howard Stern 'pretty sure' he's leaving Sirius (Nasdaq: SIRI)
Facebook Takes Another Shot At Google's (Nasdaq: GOOG) Search Business
Stocks close higher on jobs optimism - Dow up 2.9% for week, turns positive for year
Scottish wind power meets electricity demand
Chinese consider rival Potash (NYSE: POT) bid
Here's Today's Most Important Jobs Chart Republicans Will Try To Hide And Democrats Will Over-Emphasize
Reheating the Job Market After a Chilly 'Recovery Summer'
Private Sector Adds 67,000 Jobs
Pending Home Sales Reconfirm The Housing Market is Crashing
Pima Country, AZ has 692 foreclosure sales in August, 2010
Massachusetts foreclosures soar in July
Foreclosures can make you sick, report says
Jobs Up, Jobs Down: Where Does the Blame Land?
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