"I Think It's 30 Seconds To Midnight" $10,000 Gold & WHAT COMES NEXT? - Mike Maloney

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GoldSilver

GoldSilver

Күн бұрын

Пікірлер: 486
@Goldsilver
@Goldsilver 4 ай бұрын
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.
@stanley2977
@stanley2977 4 ай бұрын
Gold at 10,000, what price of bitcoin then, 1 million easy!
@waynecabana9440
@waynecabana9440 4 ай бұрын
Me too!! Forget the 10k target, at least for now
@rogerburn5132
@rogerburn5132 4 ай бұрын
Mike Maloney and George Gommon Brilliant Big Thanks Mike - LIKE LIKE 👍👍👍👍👍
@rogerburn5132
@rogerburn5132 4 ай бұрын
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 🥇🥇🥇🥈🥈🥈
@luffebassen
@luffebassen 4 ай бұрын
And the people A.H went after back in 1933 was the same kind of people who runs global banking today.
@arvidgimre521
@arvidgimre521 4 ай бұрын
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.
@claudelengyel5098
@claudelengyel5098 4 ай бұрын
In gold we trust!
@RickFronek
@RickFronek 4 ай бұрын
Agree with you 💯- i have learned a tremendous amout from Mike as well and often share what I learn in my presentations.
@barbmol5664
@barbmol5664 4 ай бұрын
Gammon’s an expert at confusing people. Mike is logical & easy to listen to. He simply makes sense.
@elaineweddle7267
@elaineweddle7267 4 ай бұрын
This is so true. Which is why I don’t subscribe to Gammons. I like Mike though.
@wolfgangsprenger3700
@wolfgangsprenger3700 4 ай бұрын
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...
@visions91
@visions91 4 ай бұрын
I recommend listening to both men.
@caseyrindal1815
@caseyrindal1815 4 ай бұрын
I'm sure george had his time to speak but he had to interject his thoughts to interfere with Mike's presentation
@ronaldlee6115
@ronaldlee6115 4 ай бұрын
And, in three simple ways
@ColeDedhand
@ColeDedhand 4 ай бұрын
You may try to stay away from politics but politics will not stay away from you.
@Sight-Beyond-Sight
@Sight-Beyond-Sight 4 ай бұрын
You may not be interested in war, but war is interested in you...
@blackhorse11thACR
@blackhorse11thACR 4 ай бұрын
@@Sight-Beyond-Sighttell those of us who have been in those wars. War is the US A
@marcritchie4968
@marcritchie4968 4 ай бұрын
That's it mate. I wish my ex would have understood that.
@thomaskersten332
@thomaskersten332 2 ай бұрын
not jet we de peaple have moor power dan governments let that sink in
@Aarrenrhonda3
@Aarrenrhonda3 2 ай бұрын
Buying gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
@Peterl4290
@Peterl4290 2 ай бұрын
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
@larrypaul-cw9nk
@larrypaul-cw9nk 2 ай бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@sabastinenoah
@sabastinenoah 2 ай бұрын
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
@larrypaul-cw9nk
@larrypaul-cw9nk 2 ай бұрын
GoogleAnnette Christine Conte and do your own research. She has portfolio management down to a science
@larrypaul-cw9nk
@larrypaul-cw9nk 2 ай бұрын
My CFA Annette Christine Conte a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@tiffsaver
@tiffsaver 4 ай бұрын
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.
@Goldsilver
@Goldsilver 4 ай бұрын
Many thanks
@tiffsaver
@tiffsaver 4 ай бұрын
@@Goldsilver THANK YOU, MM. I'd rather get acknowledged by you than knighted by the King of England. Keep up the good work.
@RodrigoHornos-d6k
@RodrigoHornos-d6k 4 ай бұрын
Totalmente de acuerdo
@JFEnterprize
@JFEnterprize 4 ай бұрын
@@Goldsilvernow kinda interested in what Kennedy had taught you over the years. Is there any videos of him going over such?
@marcritchie4968
@marcritchie4968 4 ай бұрын
And less than 1 percent of the population understand it which us scary
@JinKee
@JinKee 4 ай бұрын
You don’t want to sell gold in the crisis. You want it for after the dust settles and the new currency is issued
@truth-or-nothing
@truth-or-nothing 4 ай бұрын
And trade your gold for digital currency 😂
@AliveNotDeadmund
@AliveNotDeadmund 4 ай бұрын
@@truth-or-nothingyou trade it for hard assets.
@truth-or-nothing
@truth-or-nothing 4 ай бұрын
@@AliveNotDeadmund yeah ok
@bryonholland5041
@bryonholland5041 4 ай бұрын
Silver for the crisis, gold after.
@JinKee
@JinKee 4 ай бұрын
@@bryonholland5041 buy steel and lead.
@EIGOmanOkamoto
@EIGOmanOkamoto 4 ай бұрын
An excellent discussion. You will never see anything this valuable on the MSM. This level of truth is taboo.
@itsjoelee
@itsjoelee 4 ай бұрын
Great interview! Mike knows his stuff.
@christophercoade977
@christophercoade977 4 ай бұрын
I watched mike about 8 years ago and never looked back. Much love
@b4ph0m3tdk9
@b4ph0m3tdk9 4 ай бұрын
I will always be grateful for Mike's "Hidden Secrets of Money" video series, it was an eyeopener.
@kevinw9073
@kevinw9073 4 ай бұрын
I will take $3,000 gold and $50 silver for openers.
@Ranchhoddasji
@Ranchhoddasji 4 ай бұрын
This can happen by June 2025.
@Silvercontained
@Silvercontained 4 ай бұрын
​@@Ranchhoddasji No one wants to wait until june.
@destroya3303
@destroya3303 4 ай бұрын
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.
@Silvercontained
@Silvercontained 4 ай бұрын
@@destroya3303 Gold needs to be the same price as the dow. Pick a number.
@Patriot-x8y
@Patriot-x8y 4 ай бұрын
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.
@tieredlabsllc5728
@tieredlabsllc5728 4 ай бұрын
Gammon is off the reservation. What "productive purpose" money creation? Counterfeiting, any way you look at it. Extraction.
@KennyCz87
@KennyCz87 4 ай бұрын
Civil unrest will happen only if people’s meds/fast food/ porn /and super cable television is cancelled. People are lazier than ever.
@blackhorse11thACR
@blackhorse11thACR 4 ай бұрын
Leave the porn alone
@Ranger-sl5sq
@Ranger-sl5sq 4 ай бұрын
Yep. Bread and Circuses
@angry-white-men
@angry-white-men 4 ай бұрын
Yep. Exactly why they had to give stimmies during covid and keep fast food restaurants open so people could engorge themselves more than ever.
@kevinmcdonagh1063
@kevinmcdonagh1063 4 ай бұрын
Speak for yourself
@angry-white-men
@angry-white-men 4 ай бұрын
And when the so called men can't afford to fill up their gas guzzling full size pickups.
@pds002
@pds002 4 ай бұрын
Mike Maloney on fire! Excellent. Thank you.
@paulc.3333
@paulc.3333 4 ай бұрын
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.
@CryptoVin
@CryptoVin 4 ай бұрын
It’s been 30 seconds to midnight since 2008
@celowolfarth
@celowolfarth 4 ай бұрын
I don’t think the other dude understands it. Bank creating currency out of thin air, would create inflation
@ALAN_SATOSHI_GREENSPAN
@ALAN_SATOSHI_GREENSPAN 4 ай бұрын
🥇BYOB🥈BE YOUR OWN BANK🥇
@elaineweddle7267
@elaineweddle7267 4 ай бұрын
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.
@389293912
@389293912 4 ай бұрын
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.
@peggyuser-oq6xz7fg9o
@peggyuser-oq6xz7fg9o 4 ай бұрын
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.
@kenyanana
@kenyanana 3 ай бұрын
It'd have to be a coin tethered to gold to ease off volatility of bitcoin which right now is all over the place.
@ddprepper5227
@ddprepper5227 4 ай бұрын
Excellent report 👍👍👍👍👍👍👍👍
@money-act
@money-act 4 ай бұрын
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.
@KEG-zf8yp
@KEG-zf8yp 4 ай бұрын
@@money-act feels like it’s the same…. end result is it would just buy a little more time. IMO
@angry-white-men
@angry-white-men 4 ай бұрын
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.
@La-vc6nt
@La-vc6nt 3 ай бұрын
@money........ 💯👌👍You Totally NAILED it. This is why the Fiat System requires ever increasing debt & devaluation of the currency. It is designed & works perfectly to do this & transfers a large percentage of the world's wealth to the criminal scum at the top running it 💯💯
@KEG-zf8yp
@KEG-zf8yp 4 ай бұрын
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!
@Goldsilver
@Goldsilver 4 ай бұрын
I love hanging out with George, he's a great guy.
@KEG-zf8yp
@KEG-zf8yp 4 ай бұрын
@@Goldsilver- I liked having your mentor Robert Kiyosaki firing questions at you as well. You did great as usual! Thanks again!
@stephencopley3767
@stephencopley3767 4 ай бұрын
There won't be a door to door confiscation. They will use tax.
@charlotte7647
@charlotte7647 4 ай бұрын
"they" are at gitmo or 'was'
@rogerburn5132
@rogerburn5132 4 ай бұрын
But that could create Black Market for Gold and Silver does anybody pay tax on selling drugs.????? 😂
@stephencopley3767
@stephencopley3767 4 ай бұрын
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.
@rogerburn5132
@rogerburn5132 4 ай бұрын
@@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
@peggyuser-oq6xz7fg9o
@peggyuser-oq6xz7fg9o 4 ай бұрын
​@@charlotte7647I dream of that.
@hugoebarboza
@hugoebarboza 2 ай бұрын
I’m interested in starting to invest in physical gold and would like to begin by purchasing small quantities. What would you recommend for getting started?
@Bob-kl3es
@Bob-kl3es 3 ай бұрын
Nothing moves the price of gold. Its the anchored center around which prices move.
@shinvergil
@shinvergil 4 ай бұрын
Gammon exposed himself by advocating for fiat?
@KEG-zf8yp
@KEG-zf8yp 4 ай бұрын
@@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😉🤙
@angry-white-men
@angry-white-men 4 ай бұрын
And Mike Maloney is advocating for AI? What's going on here.
@youwebz
@youwebz 4 ай бұрын
Nope. What drugs are you on? Whatever, dial them down.
@angry-white-men
@angry-white-men 4 ай бұрын
@@youwebz LOL
@SlumberBear2k
@SlumberBear2k 4 ай бұрын
I like the idea that we just have to get through the next 5 years.
@countchivas
@countchivas 4 ай бұрын
Mike taught George a lesson on theft.
@389293912
@389293912 4 ай бұрын
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.
@rogerburn5132
@rogerburn5132 4 ай бұрын
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.
@CrawfishKaliari
@CrawfishKaliari 4 ай бұрын
​@@rogerburn5132so gammon is basically unaware he has the system he wants already. His tee shirt and his mouth disagree?
@rogerburn5132
@rogerburn5132 4 ай бұрын
@@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
@AndyTN64
@AndyTN64 3 ай бұрын
⁠@@rogerburn5132Federal Reserve is Private Banking. US governments doesn't own FED.
@wolfgangsprenger3700
@wolfgangsprenger3700 4 ай бұрын
Mike and George. If you can't agree just ask Robert. He should know.
@pumpamentaIs
@pumpamentaIs 4 ай бұрын
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.
@steveosmonson6535
@steveosmonson6535 4 ай бұрын
Sprinkle a little Kelton too
@CaptTony107
@CaptTony107 4 ай бұрын
Good to see Mike looking so well! And George always brings something tasty onboard!
@petehart5622
@petehart5622 4 ай бұрын
Excellent! Thank you Mike, George & escpecially Robert!
@nurullahbaran2233
@nurullahbaran2233 4 ай бұрын
Great speech.. 👍..
@solartime8983
@solartime8983 4 ай бұрын
Best Wisdom 🌅 & my motto also...Expect the Best...Prepare for worst!!🗽😊
@ibrahimafghan5205
@ibrahimafghan5205 4 ай бұрын
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.
@La-vc6nt
@La-vc6nt 3 ай бұрын
Listen to all Mike's stuff, he is Totally on point, fantastic content 💯
@ChadAndersen-qc4kf
@ChadAndersen-qc4kf 3 ай бұрын
Gold 🪙 of today is 2,700 an oz and climbing the dollar 💵 is dead but my gold 🪙 and silver 🥈 is alive and well get some now
@barbmol5664
@barbmol5664 4 ай бұрын
If this were a boxing match, I would consider Maloney to be Ali & Gammon to be Foreman…we know how that ended.
@jsmdify
@jsmdify 4 ай бұрын
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.
@edwardtstrenk1388
@edwardtstrenk1388 4 ай бұрын
Hey Mike why is silver dropping every time it gets near 32-34 it drops again and again. Wasn't this supposed to skyrocket to $100 4 years ago. I remember when it hit $34 back lol I didn't sell like a fool. 4 years and made nothing. The stock market in the mean time is up how much 40-100%
@victorfontaine4943
@victorfontaine4943 4 ай бұрын
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.
@DUES_EX
@DUES_EX 4 ай бұрын
It’s the 🏳️‍🌈 agenda
@claudelengyel5098
@claudelengyel5098 4 ай бұрын
Argentina has no gold, so they get the Dollar first. Later they get the gold, for sure! In gold we trust!
@patted44
@patted44 4 ай бұрын
.... George servicing the debt is government spending!
@scuffmacgillicutty7509
@scuffmacgillicutty7509 4 ай бұрын
The Prime Minister of Canada beats the drum continually about sustainability, yet fiscally, his years in office are anything but sustainable.
@craigjohnstone1461
@craigjohnstone1461 4 ай бұрын
Same as the uk.. cbdc will be rolled out 2025.. its on gov website
@rogermueller9143
@rogermueller9143 4 ай бұрын
fantastic! great discussion!
@freedomring3022
@freedomring3022 4 ай бұрын
I've been hearing this for 20 years.
@FarleyMan151
@FarleyMan151 4 ай бұрын
When gold goes to 10k, that just means hyperinflation. It means we will have to pay @ least 3x what we pay now for groceries, etc...
@AndyTN64
@AndyTN64 3 ай бұрын
We already there, dozen of eggs used to cost $0.99 three 1/2 later it $4.00 per dozen of eggs.
@ChelseaSoAds
@ChelseaSoAds 4 ай бұрын
This interview was great. Thank you for posting this
@self-issuedcurrency
@self-issuedcurrency 4 ай бұрын
Interesting conversation! Thank you for sharing.
@linserwayne1587
@linserwayne1587 4 ай бұрын
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.
@KEG-zf8yp
@KEG-zf8yp 4 ай бұрын
@@linserwayne1587 “discredited” I disagree…. His thoughts are on point… his timeline…. Not so much.
@colony8915
@colony8915 4 ай бұрын
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.
@La-vc6nt
@La-vc6nt 3 ай бұрын
@colony....... 💯💯👍👌You Totally NAILED it!!
@steveosmonson6535
@steveosmonson6535 4 ай бұрын
Mike with the masterclass
@NORTHSTARLOGISTICSLLC
@NORTHSTARLOGISTICSLLC 4 ай бұрын
Where does tge future interest payments come from with solely commercial money creation? It needs more and more loans to keep going. Rich prosper at the expense of the middle class.
@johnwicksfoknpencil
@johnwicksfoknpencil 4 ай бұрын
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
@teacherkiat
@teacherkiat 4 ай бұрын
I would think minimally $120USD though i think it might be higher to close the ratio 👍
@ooigfgnnkhjjnc
@ooigfgnnkhjjnc 4 ай бұрын
Silver would be $24
@RickFronek
@RickFronek 4 ай бұрын
Always grateful for the information you share Mike. I listen to you and Robert Kiyosaki all the time. Appreciate your insight!
@ewagraphics
@ewagraphics 4 ай бұрын
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
@Goldsilver
@Goldsilver 4 ай бұрын
He would need a large supply of popcorn that’s for sure.
@ewagraphics
@ewagraphics 4 ай бұрын
@@Goldsilver True! 😂
@gerhard-jx4rn
@gerhard-jx4rn 4 ай бұрын
Top video thanks
@DubDigital
@DubDigital 4 ай бұрын
Everything George says is like a science experiment... the correct answers are typically not complicated.
@fasteddy6170
@fasteddy6170 4 ай бұрын
GOLD Manipulation since 1913 SILVER Manipulation since Opium Wars 170 yrs of Manipulation
@rogerburn5132
@rogerburn5132 4 ай бұрын
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. 😂
@AndyTN64
@AndyTN64 3 ай бұрын
I trades futures and they will not let you take physical golds when your contracts expired. They force you to close your futures contracts or they will liquidate your contracts.
@medusaskull9625
@medusaskull9625 2 ай бұрын
Let’s see $5K gold first. That’s a very achievable price. Let’s see if that can be done first.
@KanekiKojo
@KanekiKojo 4 ай бұрын
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.
@paigeconn123
@paigeconn123 4 ай бұрын
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? 🙄
@daviddavey1727
@daviddavey1727 4 ай бұрын
Possible? Anything is possible. Probable, no!
@WOCassity2
@WOCassity2 3 ай бұрын
I think you and George should reach out to Professor Jonathan Barth with Arizona State University. He has a lecture series here on KZbin for the History of Money and he shares your economic values.
@barbmol5664
@barbmol5664 4 ай бұрын
If you cut a big pumpkin pie into quarters or 16ths, which piece would you choose for yourself?
@randomness1931
@randomness1931 4 ай бұрын
George please read Us Money VS Corporation Currency written by Alfred Owen Crozier, Mike Your the Best !
@NeuroPulse
@NeuroPulse 4 ай бұрын
The problem is that as long as there is a government, they will tap every drop of increased efficiency for themselves. AI and Robotics will only make the state bigger unless we solve that problem.
@giddysmiles2901
@giddysmiles2901 4 ай бұрын
Nobody I know of likes gold. Zero mention of higher gold prices on CNBC or the MSM. They go out of their way not to mention it. Advisors warn about gold and silver being risky, but not Bitcoin. Gold and silver acts like Kryptonite regarding money printing central banksters.
@gregwood1979
@gregwood1979 3 ай бұрын
i really like georges explanation of fiat being a positive for society if used as it was intended...w less govt intervention and creating loans thru productive businesses ...this is true capitalism. capitalism in itself is not the enemy...the abuse of govt ver reach and manipulation of markets and govt overspending ruins any chance of a proper functional system.
@Myscentsei
@Myscentsei 4 ай бұрын
Digital digits on a screen like BTC should be the sign that tangible assets day is coming
@gregorysagegreene
@gregorysagegreene 4 ай бұрын
How do you legislate for productive purposes, George - when it's pretty clear they've lobbied for market casino betting instead? Computer brains and machines 'saving us' is the next Tech Gaslighting of us, Mike.
@teacherkiat
@teacherkiat 4 ай бұрын
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.
@galacticpresident-elect6059
@galacticpresident-elect6059 3 ай бұрын
Less than 10 minutes in and having trouble following the debate between these 2 geniuses. I bet Kiyosaki is just sitting there amused.
@chrischong6211
@chrischong6211 4 ай бұрын
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.
@petruflorintofoleanu5865
@petruflorintofoleanu5865 4 ай бұрын
BUY METALS PRECIOUS BEFORE CBDC
@paulkramer3968
@paulkramer3968 4 ай бұрын
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.
@MrFirstonraceday
@MrFirstonraceday 4 ай бұрын
So should we stack bars or coins/rounds? Or does it even matter?
@RustAndSteel3
@RustAndSteel3 4 ай бұрын
Mix. Constitutional 90% silver dimes and quarters. 5 and 10 oz bars. Gold 1/20th upwards to Ounces.
@KennyG233
@KennyG233 4 ай бұрын
He means well but he still is a believer in it'll be different this time..
@ChadAndersen-qc4kf
@ChadAndersen-qc4kf 3 ай бұрын
The dollar 💵 is dead but my gold 🪙 and silver 🥈 is alive and well get some now
@geoffwaterman6560
@geoffwaterman6560 4 ай бұрын
I personally think in the next couple of years 5k gold 100 AG is a realistic estimate. I don't want war ,death or destruction but if Xi kicks it off in the South China sea, it will be a massive financial bonus to those who are prepared.
@himchannel3624
@himchannel3624 4 ай бұрын
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 ❤
@liljrluvyaii6625
@liljrluvyaii6625 4 ай бұрын
$10,000 gold is very possible
@rogerburn5132
@rogerburn5132 4 ай бұрын
36. 000 dollars Gold - Jim Rickards . 125. 000 dollars Gold - Bill Holter
@foodmonsterweightloss5886
@foodmonsterweightloss5886 4 ай бұрын
$36,000 gold and $100 gas - Jim Rickards complete comment.
@Haldir1
@Haldir1 4 ай бұрын
I like how buddy is trying to teach Dad how to %#*^ LOL
@eyeopener1979
@eyeopener1979 4 ай бұрын
😂
@JamesWilliamson-w8y
@JamesWilliamson-w8y 4 ай бұрын
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.
@joeking1019
@joeking1019 4 ай бұрын
Great chat, just can't watch it three times on the trot
@karlapatterson3693
@karlapatterson3693 4 ай бұрын
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.
@LatimusChadimus
@LatimusChadimus 4 ай бұрын
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 $15,000 for gold and if you divided by 30 or even 20 that is what the price of silver should be
@superstar5123
@superstar5123 4 ай бұрын
great video mike
@teacherkiat
@teacherkiat 4 ай бұрын
It is cyclical in terms of the age of civilisation and world reserve currency. But it is unique because we are in the age of extremes more so than any other ages before.
@LarsonFamilyFarm-LLC
@LarsonFamilyFarm-LLC 4 ай бұрын
Land, water, power, food...Mike will never need it. No collapse, no hunger...just hard times coming...where we pull together as a society and stop the B.S. on our leadership and destructive monetary system. Humanity is resilent.
@anthonyperron6741
@anthonyperron6741 4 ай бұрын
Gammon's view prioritizes maximum productivity, thereby downgrading the most urgent demands of consumers. Capital must be allocated to where it will produce the right stuff in the right quantities, not to where it will produce the most stuff in the largest quantities.
@patrykgorecki581
@patrykgorecki581 4 ай бұрын
GOLD and SILVER is CONTROLLED BY PAPER CONTRACTS.........
@1000BaggerReport
@1000BaggerReport 4 ай бұрын
Very interesting as always. But it will probably be a while before gold reaches 10000$. Maybe 2026/2027, but the next big show should be the gold stocks when gold rises to 3000$! Gold shares are extremely undervalued.
@V-Lo78
@V-Lo78 4 ай бұрын
19:20 How much $ was printed between 1980 - 2000 compared to how much was printed the past four years?
@fredbassett8509
@fredbassett8509 3 ай бұрын
the gold price is obviously heavily manufactured
@Truthsearcherforever777
@Truthsearcherforever777 3 ай бұрын
Who ever controls the food will survive. Not gold.
@jdek88
@jdek88 4 ай бұрын
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.
@dwdelve
@dwdelve 4 ай бұрын
Gold and silver protects against inflation gold and silver shares will make you rich
@estanford826
@estanford826 3 ай бұрын
I don’t trust the government and I especially don’t trust bankers. If your currency is a waste.
@JohnDoe-tg3dx
@JohnDoe-tg3dx 3 ай бұрын
And I first find your videos now... in primo October. Maybe I should have paid attention the last 25 years ... but I have always been disgusted by our corrupt politicians and the lying MSM. So I stopped paying any attention. The next 10 years will be brutal for me. It's a hard way to wake up.
@MoellerEngineeringCo.
@MoellerEngineeringCo. 4 ай бұрын
According to Mike, it's been 30 seconds to midnight since 2008.
@markdownton3185
@markdownton3185 4 ай бұрын
that's because it has. He didn't mean it literally.
@Sneezyridr
@Sneezyridr 4 ай бұрын
It takes time to destroy the world reserve currency….. it happens slowly……then all at once
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