There has been a lot of talk over the years about gold and its supposed role as financial ‘insurance’. But in today’s video Mike Maloney uses a simple chart to show how there are brief periods where gold & silver not only offer protection from economic turmoil…but simultaneously offer massive gains in true purchasing power. Do not miss this video.
—————————————————————–
GoldSilver is one of the most trusted names in precious metals. Since 2005, we’ve provided investors with both education and world-class bullion dealer services.
We offer a wide selection of bullion products, private vault storage, global shipping, and easy payment choices.
Buy Precious Metals at:
Download Mike’s best-selling book for free here:
Subscribe to our channel:
Follow Mike on Twitter:
Follow us on Facebook:
As always, thank you for your support. M.
Watch more new videos about Insurance | Synthesized by Mindovermetal English
Ricks a Birthday Boy!!🎈🎈
Precious metals, hahahahahahaha. Huge gains hahahahaha. What a joke you people are. The more you are wrong the more you Congratulate yourself on being right. Thanks for destroying my wealth with your wisdom!!!!!!
I think it will come down before it goes up
We all KNOW that the bubbles are going to pop — SOON
Why wouldn't you be 100% in PMs?
Excellent show as usual, Mike. Thank you!
True, but we don't have to buy from Mike Maloney, a man who has told the community lies about what caused the Great Depression.
Yet nothing ever seems to happen. Predict rain long enough.
Mike M. Holding the stack of gold worth $40k which would buy a car and then stating for 80k you could get a NICE car was boastful and tacky. Please be more circumspect about being rich.
Why herry dent says gold target price 900 💰?
I don’t think gold is a put against the dollar. A put would imagine that there is another opinion out there about the devaluation of the US dollar. I think it’s pretty much factual that the dollar is going down and out of existence due to money printing. I would say gold is more an insurance policy against the IS government doing something to wreck the economy
Tks for sharing
Oh! Can't wait for the book!
I've been taking my profits from my businesses in metals for a while now. Great performance so far and I expect a lot better! 🙂
It's a goal of mine to trade my metal stack for a home and/or land.
Far fetched? Maybe. But I'm a dreamer.
If nothing else, I can sell out and deal in cash, but it just sounds so much cooler and more romantic to do it in metal.
I really hope I don't look and feel like a idiot in the future..I have been buying silver for 8 going on 9 years now and it's always blah..and to think I tried talking up silver to my family.i probably look like a genius to them..I just hope I haven't made a mistake
so for every 1 million USD, how many gold ounces to "cover" that currency if/when it goes to zero????
My assets are less than a million, but I have over 20 ounces, plan to buy more but when should i add more silver :D. I saw somewhere someone said 500 ounces of silver for 1 ounce of gold. By that rule I have double the gold i need for the silver I have, however I get gold and silver serve different purposes. I swapped 400 ounces of silver for 5 ounces of gold, I think it was 78 silver to gold ratio, the point is, I know with solar panel production alone, it should be rising drastically in price (silver) should I wait for that before getting more gold? Or do I just bite the bullet and swap more. My silver ratio to gold is 148 to 1… I can only afford $500 a month to add to gold if I don't swap. I've watched lots of your vids, and others, can't seem to get a good approximation.
Great stuff…your pofoilo should be not 60/30/10 but the opposite…60 metals/30 natural resources and 10 Stocks
No. No. No. Everybody should remember that M. Maloney was pumping silver back when it was $35-$40. Stack slowly, and remember that he's in the business of selling precious metals, as is A. Schechman……don't get me started on his bullshit.
two things always fight precious metals price explosions
1) paper gold vs physical gold (paper gold always suppresses price)
2) central banks suppress gold and silver prices while they secretly stack it
The premiums on physical are significant but gold needs to decouple from paper to skyrocket
Rick was kind enough to reveal the progress on Battle Bank during VRIC 2023.
He is a beacon of transparency.
I believe a lot of this and buy precious metals, but…… people who bought silver in the 1980s are still upside down on their position.
Name one other commodity that has been close to as stagnant as silver? I believe the price is suppressed. I believe it should be multiples higher. But the powers that be seem to be better at suppressing the price than we are at moving it up.
Rock solid information Mike & Adam! Keep sharing – it will make a difference for those that take the time to listen💯
You need a new chart maker, three lines would take seconds each to change colour.
Like investing in US Oil Fund if you drive a lot.
Yeah, I think the same. I find it insane when people recommend 10% gold in a portfolio. Sounds not that important….
You should throw all those charts in the trash.when the Fed.stop caring about the strength of the dollar they'll stop squashing metals down.
Excellent video Mike and Adam…. JMA
Mike please update the charts to end of 2022
I’ve always thought pms were more than just a hedge. If they’re undervalued as is and you buy them not only do they capture your purchasing power at the time you bought but they are simultaneously worth MORE than the price. Isn’t that a gain? I think people are just afraid to say it because it’s become a taboo thought and it’s hard to prove with all the manipulation
Gold and silver are trapped by the banksters, confiscation and super taxed no winning Mike. Meanwhile we wait with grey hair and wrinkled skin old boy 🙂
Real Estate Where?? Most properties are still overinflated
Mike, I think you can just get an editor for the video to make colors on those lines. I see George Gammon does something like that for his videos.
And since the bull market in metals has started in 2001, After falling relative to Gold, platinum has made a CRYSTAL CLEAR (spike) bottom and now has HIGHER LOWS. In my club, we call Platinum the “canary in the coal mine”. Unnoticed by most, is the fact at times, Platinum has been leading gold and silver higher. In my view, definite signs Platinum is past the diesel blues, and ready to re-assert itself as the “noble money” and a component of nascent industrial demand in new areas. Platinum clearly has now made a higher low, and recently hit a perfect 61.8% fib on the $Plat:$Gold ratio. And what this may also indicates, though more broad stock downside remains, things may not be as bad as everyone expects in stock land. The forecasts on serious monetary and economic decay are notable and valid, but their has been ample pump-priming in largely “green” sectors of the economy, and green will be the new internet — like it or not. It is now irreversible. We are entering a period much like 2001-2007 — including “war”. Platinum will be a star performer and we currently have price targets of $1850 / 2025, $2300-2600 / 2027-28 and $3000+ post 2030.
BTW in 2025 the US mint comes out with a new minted line for Platinum coinage called the “1st Amendment coin” (not that Wash DC understands or obeys that amendment which it clearly does NOT).
Fire your chart maker.
really enjoyed that video Mike, Many thanks
As smart as Rick Rule seems, he STILL refuses to this day, to acknowledge that the LBMA & COMEX Market is Manipulated! Even after JP Morgan has been caught, and fined a couple of times, recently, for doing just that. What additional proof does Rick Rule need?
Is it just me or cant you diffrentiate the lines in the graph,too?
Gold and silver will make no gains, but fiat currencies will have massive losses
Why do smart people like Rick Rule continue to make such a fundamental error as calling gold "a put". PUTS COST MONEY! PUTS DEGRADE OVER TIME. Gold does not degrade over time. Thus is is in NO WAY similar to "a put" on anything.
Rick Rule, you are usually so articulate and exacting in your choice of words but this time you have simply missed the mark.
We need a new chart guys
Silver is the same price today as it was 13 years ago. It's cost people money to store it particularly at one of the gold sellers vaults. (usually 2% of your stored value a year) Plus you lose on the premiums when you buy them, and once again when you sell them. Plus your taxed at 50% in some places on any profit. So tell me again that it is more than insurance…
pump and dump? I’m still waiting to break even on the last pump and dump. Gold to the moon, Moon boys.
Buy gold, and hope it goes down….wisdom bro…!
Gold may not make you rich, but it does keep you from being poor.
Thanks 🥇🥇🥇
Mike you are amazing. Thank you
Hear ya but you Mike have been talking since 2012 and back then said the system most likely wouldn't make it passed 2022 let alone 2023. By the time these thugs do the reset no one but the rich will have any purchasing power except WALLSTREET GANG . 😡
Either gold or silver , the price does not matter at all because it valued in fiat , what the real matter is the real value itself for more than 5000 years of history. Such tangible stuff like gold and silver is the real deal for financial security.