Best of the Week
Most Popular
1. Five Charts That Show We Are on the Brink of an Unthinkable Financial Crisis- John_Mauldin
2.Bitcoin Parabolic Mania - Zeal_LLC
3.Bitcoin Doesn’t Exist – 2 - Raul_I_Meijer
4.Best Time / Month of Year to BUY a USED Car is DECEMBER, UK Analysis - Nadeem_Walayat
5.Labour Sheffield City Council Election Panic Could Prompt Suspension of Tree Felling's Private Security - N_Walayat
6.War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 - Stewart_Dougherty
7.How High Will Gold Go? - Harry_Dent
8.Bitcoin Doesn’t Exist – Forks and Mad Max - Raul_I_Meijer
9.UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall - GoldCore
10.New EU Rules For Cross-Border Cash, Gold Bullion Movements - GoldCore
Last 7 days
Bitcoin Crash Sees Flight To Physical Gold Coins and Bars - 18th Jan 18
The Interest Rates Are What Matter In This Market - 18th Jan 18
Crude Oil Sweat, Blood and Tears - 18th Jan 18
Land Rover Discovery Sport - Week 3 HSE Black Test Review - 18th Jan 18
The North Korea Quagmire: Part 1, A Contest of Colonialism and Communism - 18th Jan 18
Understand Currency Trade and Make Plenty of Money - 18th Jan 18
Bitcoin Price Crash Below $10,000. What's Next? We have answers… - 18th Jan 18
How to Trade Gold During Second Half of January, Daily Cycle Prediction - 18th Jan 18
More U.S. States Are Knocking Down Gold & Silver Barriers - 18th Jan 18
5 Economic Predictions for 2018 - 18th Jan 18
Land Rover Discovery Sport - What You Need to Know Before Buying - Owning Week 2 - 17th Jan 18
Bitcoin and Stock Prices, Both Symptoms of Speculative Extremes! - 17th Jan 18
So That’s What Stock Market Volatility Looks Like - 17th Jan 18
Tips On Choosing the Right Forex Dealer - 17th Jan 18
Crude Oil is Starting 2018 Strong but there's Undeniable Risk to the Downside - 16th Jan 18
SPX, NDX, INDU and RUT Stock Indices all at Resistance Levels - 16th Jan 18
Silver Prices To Surge – JP Morgan Has Acquired A “Massive Quantity of Physical Silver” - 16th Jan 18
Carillion Bankruptcy and the PFI Sector Spiraling Costs Crisis, Amey, G4S, Balfour Beatty, Serco.... - 16th Jan 18
Artificial Intelligence - Extermination of Humanity - 16th Jan 18
Carillion Goes Bust, as Government Refuses to Bailout PFI Contractors Debt and Pensions Liabilities - 15th Jan 18
What Really Happens in Iran?  - 15th Jan 18
Stock Market Near an Intermediate Top? - 15th Jan 18
The Key Economic Indicator You Should Watch in 2018 - 15th Jan 18
London Property Market Crash Looms As Prices Drop To 2 1/2 Year Low - 15th Jan 18
Some Fascinating Stock Market Fibonacci Relationships... - 15th Jan 18
How to Know If This Stock Market Rally Will Continue for Two More Months? - 14th Jan 18
Everything SMIGGLE from Pencil Cases to Water Bottles, Pens and Springs! - 14th Jan 18
Land Rover Discovery Sport Very Bad MPG Fuel Economy! Real Owner's Review - 14th Jan 18
Gold Miners’ Status Updated - 13th Jan 18
Gold And Silver – Review of Annual, Qrtly, Monthly, Weekly Charts. Reality v Sentiment - 13th Jan 18
Gold GLD ETF Update.. Bear Market Reversal Watch - 13th Jan 18
Stock Market Leadership In 2018 To Come From Oil & Gas - 13th Jan 18
Stock Market Primed for a Reversal - 13th Jan 18
Live Trading Webinar: Discover 3 High-Confidence Trade Set-Ups - 13th Jan 18
Optimum Entry Point for Gold and Silver Stocks - 12th Jan 18
Stock Selloffs Great for Gold - 12th Jan 18
These 3 Facts Show Gold Is Set to Surge in 2018 - 12th Jan 18
How China is Locking Up Critical Resources in the US’s Own Backyard - 12th Jan 18
Stock futures are struggling. May reverse Today - 12th Jan 18
Three Surprising Places You See Cryptocurrency - 12th Jan 18
Semi Seconductor Stocks Canary Still Chirping, But He’s Gonna Croak in 2018 - 12th Jan 18
Land Rover Discovery Sport Panoramic Sunroof Questions Answered - 12th Jan 18
Information About Trading With Alpari And Its Advantages - 12th Jan 18
Stock Market Investing 2018 - “I Hope I’m Making a Bad Buy” - 11th Jan 18
S&P 500 Fluctuates As Stock Market May Be Topping, Or Not? - 11th Jan 18
SPECTRE Microprocessor Security Flaw - Big Brother = You - 11th Jan 18
7 Market Forecasts 2018 from the Brightest Financial Minds I Know - 11th Jan 18
It’s Not Enough to Be Contrarian - 11th Jan 18
Stocks That Take One for A Roller Coaster Ride Through the Thick And Thin Of Every Single Investment Made - 11th Jan 18
Police Arrest Tree Protester on Meersbrook Park Road, Sheffield - 10th Jan 18
Stock Market Aggressive Sell Signals - 10th Jan 18
The 2018 Decline in Precious Metals - 10th Jan 18
Gold Hits All-Time Highs Priced In Emerging Market Currencies - 10th Jan 18
TMV : 3X Leveraged Short on US Treasury Bonds - 10th Jan 18
Here are the Key Levels in Gold & Gold Miners - 10th Jan 18

Market Oracle FREE Newsletter

6 Critical Money Making Rules

Mike Maloney: The Top 10 Reasons I Own Gold and Silver

Commodities / Gold and Silver 2017 Sep 14, 2017 - 10:37 AM GMT

By: GoldSilver

Commodities

When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps solely as a portfolio diversifier.

These are all good reasons to own gold—but those are always good reasons to buy precious metals. Mike Maloney’s reasons to own gold and silver at this point in history are very different than what passes as standard arguments.


Given the monetary and economic risks present today, and the types of crises Mike believes are coming, he wanted to share his personal reasons with everyone. And he has a brand new video that details them:

They center around a perfect storm of worldwide trends that are set to explode simultaneously—and push gold and silver into hyper-bubbles.

Let’s count down the Top 10 Reasons Mike Maloney owns gold and silver…

#10: All Fiat Currencies Eventually Go to Zero—and All Currencies Today Are Fiat

Since the year 1500, a whopping 617 fiat currencies have become worthless. About a quarter of those was due to hyperinflation.

The message from history is very clear: No fiat currency has lasted forever. Eventually, they all fail. And today they’re all made of paper, backed by nothing.

Mike owns physical gold and silver because they are money, and every fiat currency today is not.

#9. The Current State of the Global Economy

Debt, deficit spending, derivatives, and trade imbalances are at levels unprecedented in all of history.

As bad as worldwide debt levels are, total derivatives exceed $1.2 quadrillion. This precarious bubble threatens to take down the world economy. This factor alone could wipe out your wealth overnight. Gold and silver, on the other hand, will soar in that scenario.

#8: The World Has Formed a New Monetary System Every 30-40 Years—And the US is Overdue

The average lifespan of all fiat currencies since 1500 is 40 years. The US dollar has been “fiat” since 1971 (when Nixon ended gold convertibility), currently 46 years.

And since all currencies are fiat, the global financial system is more vulnerable than it has ever been. The global reset will affect the entire world—all 180 currencies in use today—because the US dollar represents over half of all currency in circulation. With this kind of dominance, faith in all fiat currencies could fail once the dollar falls.

#7: Gold and Silver Come With A Central Bank Guarantee

In a desperate attempt to stem the crisis, government officials around the globe will flood the world with currency and push the purchasing power of gold and silver exponentially higher. Their efforts won’t work and—depending on how much they print—could easily tip us into hyperinflation.

Regardless of the culture or time period, currency dilution has repeatedly resulted in much higher gold and silver prices.

#6: Everything Else is a Scary Investment

The broad stock market has more than tripled since its 2009 low… government bonds have been in a bull market for 36 years and represent one of the biggest bubbles in history… and real estate values now exceed their 2006 peak, one of its biggest bubbles in history.

Gold and silver prices are roughly one-third and two-thirds below their 2011 highs, respectively. They are the only truly undervalued asset class left today, and will soar when other major investments crash.

#5: Market Psychology

Greed can drive an investment to bubbly highs. But fear will drive the next bubble in gold, because asset bubbles will pop with terrorizing speed and mercilessly wipe out most wealth. As a natural result, investors will seek refuge in precious metals.

The base psychology of every investor—fear—will push gold and silver into the next great bubble.

#4: This Time It Really Is Different

Gold’s biggest bull market in history (1970 to 1980) saw the price rise 2,328%, and silver 3,105%. But only two regions participated at that time (North America and Western Europe), meaning there were far fewer investors than today. In addition, there was much less currency chasing after gold and silver then.

Today it’s just the opposite. Mike estimates there will be as much as 100,000 times more currency trying to crowd into the gold market (see how he gets to that figure in Reason #4).

#3: Gold and Silver Should Buy a Whole Lot More

Gold and silver are tiny markets. On a per person basis, there is approximately $40,000 of liquid financial investments today, but just $200 of investment grade gold.

If 10% of those assets were to buy gold, the price would rise 20-fold! It will take only a small amount of investment dollars rushing into the gold and silver markets to push their prices much higher.

#2: It’s All Happening at Once, and This Time It’s Global

It’s a sobering realization when you add up all the circumstances present today:

• There is 200 times more wealth stored in other assets, and if only 10% of those dollars chase gold its price would rise 20-fold.

• Budget deficits, trade deficits, and government debt have all ballooned to lethal levels.

• Stocks, bond, and real estate are all in bubbles

• Credit, debt, and derivatives are also in bubbles, and all bubbles eventually burst.

• The safety of most “trusted” investments will evaporate in the crises ahead, and the resulting fear will push people into gold and silver.

• Today there are 10 times more people, each with 10 times more currency, and at least 10 times more people with an “investor mindset” than in the prior gold and silver mania.

• For the first time in history, all the world’s currencies are fiat—and no fiat currency has lasted.

• Every 30-40 years the world has a new monetary system. The last one was formed in 1971, so we’re overdue.

It’s not difficult to see that in the scenarios Mike sees playing out, gold and silver will not just be one of the few assets left standing, their values will soar.

And the #1 reason Mike Maloney owns gold and silver…

#1: He Sleeps Better!

If Mike is even half right about what’s ahead, the coming events will be, for many people, hard to handle emotionally. And that’s Mike’s #1 reason he owns gold and silver: they will protect his finances in a period of crashing markets, economies, and currencies.

The crises ahead will be emotionally trying. Buying gold and silver now is one of the wisest financial moves you can make.

What does Mike buy? He’s currently buying more silver than gold, since it is more undervalued.

What about you?

https://goldsilver.com/blog/mike-maloney-the-top-10-reasons-i-own-gold-and-silver-new-video-series/

http://goldsilver.com

Mike Maloney is the owner and founder of GoldSilver.com, an online precious metals dealership that specializes in delivery of gold and silver to a customer's doorstep, arranges for special secured storage, or for placement in one's IRA account. Additionally, GoldSilver.com provides invaluable research and commentary for its clients, assisting them in their wealth building endeavors.

© 2017 Copyright  GoldSilver - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules