"I Think It's 30 Seconds To Midnight" $10,000 Gold & WHAT COMES NEXT? - Mike Maloney
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- Опубліковано 18 вер 2024
- Thanks for making www.GoldSilver.com your bullion dealer. Learn more about The Collective 'Inner Circle' group here: collectiveic.com/ Join Mike Maloney for an exclusive, behind-the-scenes look at a recent 'Mastermind' session, filmed in Dallas, where Mike was invited to speak to a prestigious investor group known as The Collective ‘Inner Circle’. These high-net-worth investors pay up to $50k annually for access to the most brilliant minds in finance and investing, and we’re excited to share this rare opportunity with you.
In this powerful discussion, George Gammon of Rebel Capitalist questions Mike about his outlook on the precious metals market. Later, Robert Kiyosaki - who is also a member of the Inner Circle-presses Mike on the future of the U.S. and the potential for civil unrest. Mike reveals why he believes a historic financial crisis could send gold soaring past $10,000 per ounce.
Tune in to learn how Mike is preparing for potential economic collapse, his perspective on the turmoil in the monetary system, and why geopolitical tensions could push us to the brink. Are we on the verge of a massive collapse? Is the countdown to crisis already underway?
This 45-minute no-holds-barred conversation offers a wealth of insights. Thank you for choosing GoldSilver.com as your trusted source for precious metals. We hope you enjoy the session.
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As always, thank you for your support. M.
Thank you for watching. Subscribe, and as always...thank you for supporting this channel by making GoldSilver.com your bullion dealer. What do you think about the segment on the potential for severe civil unrest? Leave me your thoughts below.
Gold at 10,000, what price of bitcoin then, 1 million easy!
Me too!! Forget the 10k target, at least for now
Thank you for being a VOICE 4 THE VOICELESS!! LIKED & SHARED!!!!
Mike Maloney and George Gommon Brilliant Big Thanks Mike - LIKE LIKE 👍👍👍👍👍
Gorge is Wrong Because in Fiat currencies system even private. people still can't help themselves but print more because it's easy. This is Why US constitution Article 1 Section 10 of The USA constitution forbid the states from issuing. Bills of credit ( Promissory Notes ) printed paper money. and only Gold and Silver coins are the legal tender. - - - - - Because Nobody can print Gold and Silver. So George Gommon is Wrong 🥇🥇🥇🥈🥈🥈
Mike Maloney is the one who has taught me the most about gold and silver over the past 8 years. He is one of the best and has spent an incredible amount of time creating highly informative videos that make it easy for everyone to understand-if they choose to take the time to acquire the knowledge. He is known for making complex topics like gold and silver easy to grasp.
In gold we trust!
Agree with you 💯- i have learned a tremendous amout from Mike as well and often share what I learn in my presentations.
Gammon’s an expert at confusing people. Mike is logical & easy to listen to. He simply makes sense.
This is so true. Which is why I don’t subscribe to Gammons. I like Mike though.
But George is still comparatively young yet. He is still in his prime. In Medellin, Columbia, cashless payment is much safer than carrying around large bags of pet rocks and barbarous relics...
I recommend listening to both men.
I'm sure george had his time to speak but he had to interject his thoughts to interfere with Mike's presentation
And, in three simple ways
You may try to stay away from politics but politics will not stay away from you.
You may not be interested in war, but war is interested in you...
@@Sight-Beyond-Sighttell those of us who have been in those wars. War is the US A
Get rid of the
federal reserve
It was absolved into the US treasury in 2017 under Trump. It is gone. Quantum financial system is on deck.
And end up like JF Kennedy
that isnt going to happen any time soon... unfortunately. things will get worse before things get better.
@@adiintel1 things will stay worse in the USA until collapse of the dollar and stay worse even then. Crazy people ( Fed and military industryal complex) are running the US.
Already done! Do your research.
Probably the best podcast I've ever seen with Mike Maloney. In this brief interview, he still managed to cover what is happening now from an historical perspective to the present day. Like Kiyosaki, he's a National Treasure as far as I'm concerned.
I particularly like what he said about, "IF we last another five years..," because in my opinion I don't think we're going to last that long, at least at the current rate of destruction of our personal freedoms, economy, and the global conflicts that are placing us directly on the doorstep of nuclear war.
Many thanks
@@Goldsilver
THANK YOU, MM. I'd rather get acknowledged by you than knighted by the King of England. Keep up the good work.
Totalmente de acuerdo
@@Goldsilvernow kinda interested in what Kennedy had taught you over the years. Is there any videos of him going over such?
An excellent discussion. You will never see anything this valuable on the MSM. This level of truth is taboo.
Great interview! Mike knows his stuff.
You don’t want to sell gold in the crisis. You want it for after the dust settles and the new currency is issued
And trade your gold for digital currency 😂
@@truth-or-nothingyou trade it for hard assets.
@@truth-or-nothingwith a 90% tax, if they don't just confiscate it entirely.
@@AliveNotDeadmund yeah ok
Silver for the crisis, gold after.
I will take $3,000 gold and $50 silver for openers.
This can happen by June 2025.
@@Ranchhoddasji No one wants to wait until june.
I'd be happy if that is all gold and silver does. If it hits $10,000 it might be for all the wrong reasons.
@@destroya3303 Gold needs to be the same price as the dow. Pick a number.
I bet the dollar is replaced, and gold keeps it purchasing power, and it is worth zero dollars because the dollar was replaced by something else.
Gammon is off the reservation. What "productive purpose" money creation? Counterfeiting, any way you look at it. Extraction.
Civil unrest will happen only if people’s meds/fast food/ porn /and super cable television is cancelled. People are lazier than ever.
Leave the porn alone
Yep. Bread and Circuses
Yep. Exactly why they had to give stimmies during covid and keep fast food restaurants open so people could engorge themselves more than ever.
Speak for yourself
And when the so called men can't afford to fill up their gas guzzling full size pickups.
Mike Maloney on fire! Excellent. Thank you.
I don’t think the other dude understands it.
Bank creating currency out of thin air, would create inflation
Mr. Maloney you have the write idea my friend. No gold standard…… just use gold. After they revalue it. I agree. Although a lot of people would be hurt initially. But if we could earn our pay in gold for our labor we could then pull ourselves up the honest way.
Gold can only be used in local transactions and cannot work over the wire. So there needs to be a trusted intermediary that holds the gold while people exchange notes. It's the problem banking arose to solve initially which devolved into what we have now. This is why Bitcoin is needed.
All good and useful ideas need to be married into a completely new hybrid. I'm thinking at this point that gold, XRP - Ripple offers something promising.
Gammon exposed himself by advocating for fiat?
@@shinvergil don’t think so…. Technically fiat is currency by government decree, so the conversation doesn’t really hold weight. I believe he is an objective thinker that is pushing a hypothetical thought experiment that hasn’t been attempted in history. But wouldn’t technically be fiat😉🤙
And Mike Maloney is advocating for AI? What's going on here.
Nope.
What drugs are you on?
Whatever, dial them down.
@@youwebz LOL
🥇BYOB🥈BE YOUR OWN BANK🥇
If currency is lent into existence and then destroyed after its paid back, what happens with the interest still owed on that new currency? It means more currency needs to be lent into existence just to pay back that interest on the previous loan. I would love to hear from both of these guys what that means. This is where George’s theory of a free market based FiatCurrency falls apart unless he can explain that part. To me it seems you have to inflate the supply forever in order to keep paying back previous loans interest. It’s slow at first but overtime you end up where we are today. Of course the government isn’t helping with its constant borrowing. Getting us there much faster than it needs to be.
@@money-act feels like it’s the same…. end result is it would just buy a little more time. IMO
The interest still owed is inflated away and a new currency implemented. Just like it's been done in the US for the past 200 hundred years and many other countries.
Excellent report 👍👍👍👍👍👍👍👍
There won't be a door to door confiscation. They will use tax.
"they" are at gitmo or 'was'
But that could create Black Market for Gold and Silver does anybody pay tax on selling drugs.????? 😂
Hi.
Yes you are right there will be a black market. We are entering something historical for the first time. And if you get a better deal on the black market people will take it why not.
When this all collapsed we will have to navigate our way through slowly.
I wish you good luck.
@@stephencopley3767 in every country if there is Black Market this is the free Market. Demand and supply. Look Venezuela No food on the shelfs. Black Market price 100.000. 000 bulivars. The same in Zimbabwe. Anything that is in short supply the price could be anything. in paper currency the same for. Gold and Silver
@@charlotte7647I dream of that.
.... George servicing the debt is government spending!
The Prime Minister of Canada beats the drum continually about sustainability,
yet fiscally, his years in office are anything but sustainable.
Same as the uk.. cbdc will be rolled out 2025.. its on gov website
The disagreement at the start with George comes from none other than Prof Steve Keens view on how the monetary system works. Although it sounds good in theory, Steve Keen is like a modified Kenyesian who thinks too highly of Marx and his theories.
Sprinkle a little Kelton too
Private fiat is stupid. Who decides who is allowed to create this private fiat currency? Gotta have a government or everyone will create their own money.
Well you are right and Not do you know who is issuing the Printed paper US Dollar. This is The Federal Reserve Bank. Private Bank doesn't belong to the Federal government Federal Reserve Bank was created in 1913.
@@rogerburn5132so gammon is basically unaware he has the system he wants already. His tee shirt and his mouth disagree?
@@CrawfishKaliari you are right and I don't know why George Gommon made that stupid comment. I folow George podcast for years and he is always Brilliant he knows the monetary difference between Gold Silver and Feat currency. So why he made fool of himself I don't know
If this were a boxing match, I would consider Maloney to be Ali & Gammon to be Foreman…we know how that ended.
Mike and George.
If you can't agree
just ask Robert.
He should know.
Great speech.. 👍..
$10,000 gold is very possible
36. 000 dollars Gold - Jim Rickards . 125. 000 dollars Gold - Bill Holter
$36,000 gold and $100 gas - Jim Rickards complete comment.
I will always be grateful for Mike's "Hidden Secrets of Money" video series, it was an eyeopener.
I respect George, but maybe I’m missing something here with his idea that the private sector would respect the fiat currency in a way The government does not? If the private sector can whip money out of thin air for whatever reason simply to enrich a small group of insiders, why would it not do this George? Why is the government unique and its desire and capacity to commit this active theft to me George you’re ignoring the fundamentals of human action and behavior so well spelled out and understood by Austrian economists.
Gammon has an unsubstantiated religious belief in "free market capitalism" that Maloney's focus on history has already discredited. I follow Gammon and find him a complex thinker, but his biases against certain demographics (millennials, "the left", etc) has no place in economic analysis. Maloney is neutral and I respect his attempts to keep politics out of economics.
@@linserwayne1587 “discredited” I disagree…. His thoughts are on point… his timeline…. Not so much.
I watched mike about 8 years ago and never looked back. Much love
Good to see Mike looking so well! And George always brings something tasty onboard!
I hope you’re expecting these Gen zeros to get it right. A whole generation of doctors, lawyers, police, firefighters, construction workers. The overall quality of life is about to take a steep decline.
It’s the 🏳️🌈 agenda
Land, water, power, food...Mike will never need it. No collapse, no hunger...just hard times coming...where we pull together as a society and stop the B.S. on our leadership and destructive monetary system. Humanity is resilent.
What moves the price of gold? Always has been currency creation paired with interest rates. In the 1980's we reached 20% interest rates which effectively reigned in inflation (currency creation) causing the price of gold to decrease and the price of currency (debt) to increase.
First off George, the government doesn't create currency. Central banks do. Governments issue treasuries to the private sector which in turn fund their spending.
Second off, Corporations do the same exact thing. In fact, there are so many companies that do this the majority of them don't make a profit, which we refer to them as zombie companies. If you don't make a profit, but continue to borrow, (issue corporate debt i.e. steal purchasing power from existing currency holders) that is no different than the government spending. Both wasteful, resulting in rising prices due to inflation, or excess currency creation. All enabled by a fiat monetary system which would otherwise be reigned in, monitored, and vetted through a gold standard. It's simple math.
George please read Us Money VS Corporation Currency written by Alfred Owen Crozier, Mike Your the Best !
If gold hits $10k, then what does the g/s ratio look like when that happens? I have been watching the ratio since Mike taught us how important it is many years ago
I would think minimally $120USD though i think it might be higher to close the ratio 👍
Silver would be $24
GOLD Manipulation since 1913 SILVER Manipulation since Opium Wars 170 yrs of Manipulation
But that will end when there is No more phisical Gold and Silver for delivery. 🥇🥇🥈🥈 Only India bought 450 milion ounces of Silver last year. What about China Russia the same with Gold China is buying as much as possible and China has 3 TRILION dollars Reserve. 😂
BUY METALS PRECIOUS BEFORE CBDC
Mike with the masterclass
He means well but he still is a believer in it'll be different this time..
I like how buddy is trying to teach Dad how to %#*^ LOL
😂
Interesting conversation! Thank you for sharing.
That was a great dialogue. I really enjoyed George’s questions/statements in Regards to the thought experiment of Fiat currency, and Argentinians looking to The Dollar in lieu of gold. Great stuff! Thank you!
I love hanging out with George, he's a great guy.
@@Goldsilver- I liked having your mentor Robert Kiyosaki firing questions at you as well. You did great as usual! Thanks again!
Great video Mike! I side with Gold & Silver all the way! Wonder what Milton Friedman would say about everything today and where he predicts things are going
He would need a large supply of popcorn that’s for sure.
@@Goldsilver True! 😂
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Aldona Šabanienė, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I heard her strategies are really good, How do I reach your Coach/mentor...
She mostly interacts on Telegrams, using the user-name.
@AldonaSabaniene.
The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.
Aldona’s analyses delve deeper than surface-level trends, encompassing technical, fundamental, and sentiment analysis to offer a comprehensive view of the market.
Argentina has no gold, so they get the Dollar first. Later they get the gold, for sure! In gold we trust!
When the barter/trade/non-USD settlement comes in with gold settlements, the USD priced gold will be in huge demand. That will drive up the USD price of gold. Which is why currently the central banks are backing up their reserves with gold.
Too many people buy PMs because they hope it makes them rich. That's the wrong way to look at it. It's safety insurance. And if you really want, buy when it dumps. Buying in large quantities right now is silly, you're paying a premium.
Gold and silver protects against inflation gold and silver shares will make you rich
Great chat, just can't watch it three times on the trot
Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. The scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin, and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have a limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total.
Always grateful for the information you share Mike. I listen to you and Robert Kiyosaki all the time. Appreciate your insight!
Very interesting as always. But it will probably be a while before gold reaches 10000$. Maybe 2026/2027, but the next big show should be the gold stocks when gold rises to 3000$! Gold shares are extremely undervalued.
I had the opportunity to listen to Mike Maloney for the first time, and I must say that I gained a significant amount of knowledge from just one of his videos. It was truly an incredible and informative experience.
You've had a guest on before that talked about if you had to take whatever gold the United States government holds and backed all of the printed paper and coins all over the world at 40% you would have over $15,000 for gold and if you divided by 30 or even 20 that is what the price of silver should be
According to Mike, it's been 30 seconds to midnight since 2008.
that's because it has. He didn't mean it literally.
It takes time to destroy the world reserve currency….. it happens slowly……then all at once
So should we stack bars or coins/rounds? Or does it even matter?
Mix. Constitutional 90% silver dimes and quarters. 5 and 10 oz bars. Gold 1/20th upwards to Ounces.
Top video thanks
Everything George says is like a science experiment... the correct answers are typically not complicated.
5:38 To George's point about purely fiat being the best option, in my opinion, interest would be paid on the borrowed money thereby increasing the net money supply by the time the original loan is paid so the currency supply would never actually return to its original level.
Agree. I thought this point was lost. Yes, pay it back plus interest. So it can never all be paid back. It’s a literal Ponzi scheme. And “private” banks get the money printer. Come on. The Fed is a private bank. End the Fed, right? 🙄
fantastic! great discussion!
I think it’s 5 sec to midnight. Propaganda is so tight that people don’t see. But let’s hope for the best. I believe ❤
George could be correct about fiat but it's unproven and ultimately it kinda falls onto the same sword/logic as the idea of a managed economy. It has to be so perfectly balanced and timed and the people running it have to be so infallible, for the system to work, that it would most likely just fail like our current system. Nobody can predict how much growth or capital is going to be returned with each currency unit creation. Ultimately it does steal and most likely would overtly steal depending on who is running it. But ultimately all that complexity will not be as stable or predictable as a system that works off honest money that is saved over time from work to create capital.
Ultimately though, the future is post scarcity and there would be no economy if somehow free energy generators were created.
This interview was great. Thank you for posting this
It is cyclical in terms of the age of civilisation and world reserve currency. But it is unique because we are in the age of extremes more so than any other ages before.
I've been hearing this for 20 years.
No way is it difficult for the dollar to go into hyperinflation. We will start to see it if they cut in a week.
I’d LOVE to see you interview Neil Howe @Georgegammon. His 4th turning idea might be interesting in relation to your statements that history repeats as it does. From an economic standpoint, I think it would be a very interesting discussion.
George is a great observer. I think his observation that the USD has appreciated vs goods and services in other countries needs further investigation. It would be awesome if someone could come up with a way to visualize this and explain what's going on with it.
If you cut a big pumpkin pie into quarters or 16ths, which piece would you choose for yourself?
Right now in London gold is at an all time over £1960 per Oz, and I expect it to go higher. I rate it a hold.
🔫🥇🥈BE PREPARED,NOT SCARED✝️🍄🇺🇸
Hell yes, amigo!
@@AliveNotDeadmundtotally 🎉
There is no God but ALLAH ❤
Sorry but I've been hearing this forever now
No shit, same old line
@@trukxelf hé hé
Exactly. They're con artists trying to sell their product. No different than a used car salesman
Go long on both metals and measure your wealth in ounces. Forget about the short term expectation.
Make him say the word. COMPOUND
The main problem is exchange. When CBDC comes into play we will be exchanging gold and silver for tokens based on our social credit score and we will get ten cents on the dollar.
great video mike
If currency gets borrowed into existence, where does the currency to pay the interest come from ? More borrowing ? Fiat currency creates poverty and economic disparity.
Ultimately everything is backed by and priced in gold, it is the bases for valuing all things, including bitcoin. Most people just don't get it.
Can't listen to Gammon. Love Mike.
GOLD and SILVER is CONTROLLED BY PAPER CONTRACTS.........
George Gammon is another one of those clowns that believes we need "elasticity of money"
Everything is kiss priced and everything will revert to the historic mean.
Wages need to rise, taxes fall, house prices 3x salaries, commodities priced in gold reverted to historic mean.
Gammon's view prioritizes maximum productivity, thereby downgrading the most urgent demands of consumers. Capital must be allocated to where it will produce the right stuff in the right quantities, not to where it will produce the most stuff in the largest quantities.
Revelation 13:14And deceiveth them that dwell on the earth by the means of those miracles which he had power to do in the sight of the beast; saying to them that dwell on the earth, that they should make an image to the beast, which had the wound by a sword, and did live. 15And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed. 16And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. 18Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
let the free market be Mr Gammon.
Digital digits on a screen like BTC should be the sign that tangle assets day is coming
Best Wisdom 🌅 & my motto also...Expect the Best...Prepare for worst!!🗽😊
The present money system is not controlled by the government but by the bankers who are using the government to control. So it is the currency system must be based on hard real currency not something created by man.
Uh oh, careful George. You're starting to sound like someone who thinks theft is good as long as it's done by "good people." The government is bad, but bankers are good? Really? They're all just people, and people are the same. The only way to be fair, just, and good, is to empower each individual the same amount. No theft. Not for the "greater good." Not for anything.
Mike's understanding of geopolitics and economics ads a depth into our current situation and pending crises that George doesn't grasp yet. Politics is a vital part of who and how our world is being controlled. Like it or not, you can't ignore politics. The media has been controlled by the left for at least the last 30 years, and it's just become more brazen.
#EndTheFed 🇺🇸
Edward griffin❤🎉
Night of long knifes 1.7.1934
Gammon is a bit of a tool. I used to follow him but I cant anymore. He seems slimy.
Best investment ? Non-perishable food and ammo
Best store of value? Gold.
It’s been 30 seconds to midnight since 2008
Fear moves the price of gold upward. False rumors of disaster and turmoil drive up sales.
it's a factor, which drives the price higher temporarily. It's not the primary reason
And the people A.H went after back in 1933 was the same kind of people who runs global banking today.
Inflation unrelated to money supply?
Oh George. 🤦🏻♂️
@42:15 "If you don't pay your own way you shouldn't be able to vote..."
Well I've been saying this for years now. If you pay less in tax then you take in benefits you should be barred from voting until you've lived off your own labors for over 4 years.