As a tribute to the old $100 Bill, Michael Maloney takes a look at its security features and poses an important question as we begin to start using the Fed's latest 'One Hundred Dollars' 'note'. In Episode 5 of Hidden Secrets Of Money, you'll get to tour one of the world's greatest Monetary Museums with Mike. This clip is a short preview.
One of the most interesting things you'll see in the next episode - an explanation from a Central Bank of how currency is created and multiplied via Fractional Reserve Banking. For those who had to suspend disbelief at the Episode 4's description - here comes your proof. - Source, The Hidden Secrets of Money: https://www.hiddensecretsofmoney.com
"When I first started investing in the early 2000's, I used to do a lot of second-guessing. A few times I was tempted to go off-course—for instance, when real estate was white hot around 2004 and 2005. But the more research I do, the more I study past cycles and economic history, the more certain I feel that I am in the right place at the right time, and that the precious metals cycle is on an unprecedented upward ride. I know my plan is the right plan for me. Develop a plan, write it down, and stick with it."
"At this particular moment in history, gold and silver are on the upswing. In my opinion, based on their value relative to other things of value, on the stages of other asset cycles, and on the state of our global economy, gold and silver are still far away from their peak. In other words, you can buy now, and you can buy next month, and you will be on your way to being positioned to take advantage of what I believe will be the greatest wealth transfer in human history."
Welcome to the 5th episode of Michael Maloney’s Hidden Secrets Of Money. In this installment, we travel to Berlin and Frankfurt, where we were able to film the money museum inside the Bundesbank…one of the world’s largest Central Banks.
This episode serves as an ideal primer for those waking up to the monetary matrix around them, as it clearly shows the history of true money and why it so important to our freedom. The quality of a society is directly proportional to the quality of its money. Debase a currency for long enough, and you end up with dangerous deficits, debt driven disasters, and eventually…delusional dictators. History proves this to be true.
"So here we've got some examples of the technology that governments around the world are putting into their counterfeit currencies so that the public can't counterfeit the currency that governments are now counterfeiting."
After watching this video -- are you left feeling that governments around the world will be left playing catch up with free market solutions to security such as BitCoin?
Mike Maloney appears on Russia Today and discusses the current corrupt banking world. He states the banks own the Federal Reserve. Wouldn't you want to own your regulator? Wouldn't you want to own the police in your town?
In 1981, a 10-year-old Vietnamese girl, her parents and nine brothers and sisters began preparing for a perilous journey, a journey they knew they might not survive.
Since the fall of Saigon and the end of the Vietnam War in April 1975, life had been hard for the little girl’s family. The Communist government of North Vietnam inherited a country deeply divided, devastated by war, and on the verge of economic collapse. In an attempt to unify the country, the government instituted a centrally planned program of economic reform, instituting price controls, forcing farmers into agricultural collectives and nationalizing manufacturing. It was the beginning of what would come to be known to the Vietnamese people as the “10 bad years.”
In September 1975, the Vietnamese government declared the new “liberation” dong to be worth 500 of the dong previously issued by South Vietnam, where the girl and her family lived.
From 1976 to 1980, the Vietnamese economy barely grew, even as the population swelled by a million people each year. Inflation soared upwards of 700%. Food grew scarce, and starvation ensued, as Soviet-style farming collectives failed, and drought, flooding and typhoons exasperated the crisis. Many businessmen lost everything, and the suicide rate skyrocketed. The little girl’s father’s family business was seized by the Communist government, and the family faced the reality of having to raise a family of 10 children in a hostile environment, amid civil unrest and an uncertain economy.
Finally, the little girl’s parents knew they had to choose: to leave their home and everything they owned behind in the hope of finding a better life for their children, or to stay in Vietnam, where their prospects for the future seemed to worsen by the day.
In those days, many people were fleeing the coast of Vietnam in boats, desperate for the chance at freedom and a brighter future. Those considering the voyage heard horrifying stories of pirates, rapes, capture by Vietnamese soldiers, and drownings at sea. Sixty-eight passengers prepared to join the little girl’s family on a boat, carrying what little wealth they had with them on their bodies, in the form of gold jewelry. It was a stark memory the little girl would carry with her for the rest of her life.
The 80 passengers in the tiny fishing boat were among the lucky ones: After seven days at sea, they were able to land in Indonesia, where they found shelter in a refugee camp. All had survived the voyage, but their struggles were not over. Food was scarce in the camp, and there were few resources to support the constant influx of tired, hungry refugees. The little girl’s family used their gold jewelry to trade with the local merchants for food, medicine, and other necessities of life. It was that gold jewelry that enabled them to survive the many months they endured on the island.
Eventually the little girl and her family made their way to the United States. Today, her parents, now in their 80s, are still living, and most of her siblings reside near her in Southern California. And today she is a member of the GoldSilver.com team.
“I was too young to comprehend the magnitude of the danger,” she recalls of that long-ago journey. “It was a life-changing experience that shaped who I am. It is my history. I am very fortunate, and very appreciative of the life I have.”
Our staff member’s story really hit home with those of us at GoldSilver.com, where our mission is to educate others about the importance of holding physical gold. Throughout history people have turned to gold to preserve their wealth and provide security for their families in times of crisis. Similarly, the tradition of investing in, giving, and wearing gold jewelry is deeply ingrained in most of the world’s cultures. That remains true of Vietnam, the fourth largest consumer of gold in Asia, after China, India and Thailand, according to a 2012 Standard Chartered report. As is true of many Asian cultures, many Vietnamese people still save in gold rather than currency, particularly now, with spiraling inflation and the dong losing value. Gold jewelry is traditionally given to new Vietnamese brides by the groom’s family. In India and China, gold jewelry has both ceremonial and financial significance, a symbol of abundance by which a family’s wealth can be passed from generation to generation with the fastening of a clasp.
But there is a deeply practical aspect to the owning of gold jewelry as well. In societies such as Vietnam’s, where political orders have undergone frequent turbulence and economies have been centrally planned into crisis, the people even today trust gold far more than they trust their national currencies. In Vietnam today, currency is used for most transactions, but the purchase of real estate or capital goods requires gold.
But historically, governments whose national currencies are floundering inevitably look for ways to disincentivize the use of gold as money. In many parts of the world, that’s happening today. Currently, in an attempt to persuade people to sell their gold bullion, the State Bank of Vietnam has forbidden banks from paying interest on deposits of gold, and forced banks to charge customers a fee to store their gold instead. Similarly, with the rupee at an all-time low, the government of India, the biggest gold consumer in the world, has increased import duties on gold bullion. And much closer to home, U.S. President Franklin D. Roosevelt in 1933 forced U.S. citizens to sell their gold bullion to the Federal Reserve and banned them from owning gold coins or bars.
But gold jewelry, that lovely bracelet or sparkling necklace that catches the light as your daughter turns to greet you, has never in modern history been subject to those kinds of government interventions. While one is almost certain to be stopped at Customs for his or her bag of gold coins, the passenger wearing a beautiful gold chain raises nary an eyebrow. A significant amount of wealth can be transported anywhere in the world simply by wearing it as a beautiful accessory rather than carrying it as money.
Of course, most of us will not be forced to flee in fear for our lives, as that 10-year-old future GoldSilver employee and her family were back in 1981. But all of us are at risk of losing the value of our savings, as the purchasing power of our national currencies falls lower and lower. Most of us will probably never need to transport our wealth to foreign shores in response to political upheaval or government heavy-handedness. But in our uncertain modern world, conditions change quickly, governments and the financial elite hold enormous power, and when our unsustainable, debt-addicted monetary system crashes for the final time, events will turn on a dime.
At a recent Casey Research event, Mike Maloney premiered the fourth episode of his 'Hidden Secrets Of Money' series. The first people to see it included luminaries such as Ron Paul, Doug Casey, Jim Rickards, John Mauldin, and long term friend of Mike Maloney...Chris Martenson.
Chris is known best for his outstanding book and video series 'Crash Course', which has opened minds across the world to the way our economy really works. In fact, back in 2007, Mike was so impressed with the Crash Course video series that he became one of the first major donors.
It appears as though Facebook is preventing some users from posting the link to Episode 4, labeling it as 'Abusive Content'. I first saw some comments on our YouTube channel mentioning this on Thursday, but didn't worry too much about it as I had seen it posted successfully to many different pages. Then more comments came in. Then emails started arriving at GoldSilver.com alerting us to the same problem. Over the weekend, the most popular comments on our Youtube feed were 'Can't post this to FB' or similar.
You are about to learn one of the biggest secrets in the history of the world...it's a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn't quite right with the world economy, but few know what it is. Gone are the days where a family can survive on just one paycheck...every day it seems that things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today. The powers that be DO NOT want you to know about this, as this system is what has kept them at the top of the financial food-chain for the last 100 years...
Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world...because it will change the system . For this is the biggest Hidden Secret Of Money. Never in human history have so many been plundered by so few, and it's all accomplished through this...The Biggest Scam In The History Of Mankind.
Precious metals expert Mike Maloney says, “According to dividend yields, we've never been in a bubble as big as we are today. So, I wouldn't get involved in stocks at these levels. I think they’re insane.” Maloney wrote the best-selling book, “Guide to Investing in Gold and Silver.” Maloney says real estate and bonds are also overvalued. The only things undervalued are precious metals. Maloney contends, “I think you are going to see a day when the gold price is double the Dow because we are coming off the greatest bubble in history . . . gold really hit an all-time low in the year 2000. It’s a 5,000 year low, and we are coming off of that . . . it should be one of the biggest reversions in history.” Maloney also predicts a new monetary system by the end of the decade. He says, “When everything starts to fail, they will be looking around for what worked before. . . . It’s going to be a global financial convulsion the likes of which we've never seen.” Maloney goes on to say, “It’s a 100% failure rate. No fiat currency has ever survived, now all of them are fiat. So, this shift will be the most dramatic in world monetary history. It’s going to be the world’s greatest wealth transfer in history. Therefore, it’s the greatest opportunity in history.” So, how high will gold go? Maloney says, “The more you study it, predictions of $2,000 or $5,000 gold becomes absurd. It’s absurdly low.”
You may have heard stories on the news lately that suggest an international move away from the US Dollar is underway...but have you ever seen these events listed on a timeline?
Join Mike Maloney in Singapore as he states his case for why he expects the world to have a new monetary system in this decade. Whether it is countries repatriating their gold supplies, or creating bilateral trade agreements -- these events are all deemed to be 'Golden Nails' in the coffin of the U.S. Dollar Standard.
This episode follows on from Episode 2, in which we learned that the world does indeed have a new monetary system approximately every 40 years. Michael Maloney lines up the facts, showing that our current system is 42 years old and is developing serious stress fractures that at some stage will break.
How does this affect you and your family? The repercussions are huge for us all, be sure to watch the full episode and the accompanying Exclusive Presentation at HiddenSecretsOfMoney.com to find out how to turn this Dollar Crisis into a Golden Opportunity.
Mike Maloney sent out a special video presentation exclusively to our GoldSilver Insiders. Mike receives 100’s if not 1000’s of emails and took the opportunity in this special presentation to address the many of the most common questions he is asked.
This video presentation provides valuable and timely information that allows our GoldSilver Insiders to gain insight and benefit from the proprietary analysis and valuation tools used by Mike and his team of analysts.
Author and founder of GoldSilver.com Mike Maloney joins us to talk about the latest segment from the Hidden Secrets of Money... From Dollar Crisis to Golden Opportunity. Mike says, "Now the rest of the world are turning their backs on the US Dollar standard. This is going to cause a financial calamity the likes of which we have never seen before. It's going to be devastating for most people. I don't want this to happen. But the damage has already been done." It's time to prepare. While you still have time to do so.
Government shutdown? Inefficient politicians? These things are nothing new, and pale in comparison to the real story developing quietly behind the noise and hoopla we receive from the press.
The death of the U.S. dollar as the global reserve currency is the elephant in the room that nobody wants to acknowledge.
It's only been a short while since Michael Maloney delivered his keynote speech 'Death Of The Dollar Standard' in Singapore, where he showed the events that add up to conclusive evidence of a global move away from the U.S Dollar Standard. Bilateral trade agreements, avoidance of the U.S. Dollar in trade, repatriation of gold -- Michael Maloney deemed them all to be 'nails in the coffin' of the dollar standard.
You would have seen in Mike's presentation that these events are speeding up. By the time Episode 3 of Hidden Secrets Of Money was released to the public, there were even more events that qualify as nails in the coffin. So to get up to speed with the big picture, please watch the accompanying video for a preview of Michael's exclusive Bonus Presentation 'Latest Nails In The Dollar Standard's Coffin'. In this video Mike presents some jaw-dropping information that picks up where the timeline from Episode 3 finished.
Mike Maloney of GoldSilver.com says our monetary system is doomed. Maloney contends, "It's a 100% failure rate. No fiat currency has ever survived, now all of them are fiat. So, this shift will be the most dramatic in world monetary history. It's going to be the world's greatest wealth transfer in history. Therefore, it's the greatest opportunity in history." So, how high will gold go? Maloney says, "The more you study it, predictions of $2,000 or $5,000 gold becomes absurd. It's absurdly low."
My book was written from 2005 through 2007. In it I said there would first be the threat of deflation (this came true in the crisis of 2008) to which Ben Bernanke would overreact with a helicopter drop (this came true with the bailouts and QEs) which would cause an inflation (this came true when the stock markets and real estate reflated.) Next there will be a real deflation… a contraction of the currency supply. This will happen when the credit/debt/bond/fiat currency bubble and the derivatives bubble begin to implode. The reaction of the world’s central banks will be to print until deflation gives way. I believe this will cause a hyperinflation. A hyperinflation doesn't require a nation to print its currency into oblivion… it only requires a loss of faith.
- Source, Mike Maloney's Top Ten Reasons to Own Gold and Silver:
I am a firm believer that everything happens in waves and cycles. So when I started writing my book back in 2005 I entered every financial crisis that I could identify into a spreadsheet, starting from the beginning of the USA, looking for a cycle, and something very dramatic stuck out at me. I had discovered that every 30-40 years the world has an entirely new monetary system.
From that day till now I have been telling as many people as I could that before the end of this decade (before 2020) there will be an emergency meeting of the G-20 finance ministers (or something like that) to hash out a new world monetary system. It’s normal. No man made monetary system can possibly account for all of the forces in the free market. They get old… they develop stress cracks… then they implode.
We have had four different monetary systems in the past 100-years. The system we are on today is the U.S. dollar standard. It is an ageing system that is way overdue for its own demise. It is now developing stress cracks, and will one day implode. Like I said, it’s normal.
But what is different this time around is that the last three transitions were baby-steps from full gold backing, to partial gold backing, to less gold backing, to no gold backing. In each of these transitions the system we were transitioning from had a component that could never fail… gold. This time we will be transitioning from a system based on something that always fails… fiat currencies. The key component to this transition from the U.S. dollar standard to some new standard is of course the U.S. dollar. By the time the emergency meeting takes place the U.S. dollar will be in the final stages of the terminal condition known as fiat failure.
But the U.S. dollar represents more than half of the value of all the world’s currency. A dollar crisis would cast doubts on all fiat currencies, and the cascading effect of loss of faith could cause the rest of them to fall like dominos. The central bankers will try everything they can think of to keep the fiat game going, but when everything they try fails they’ll look around and say, “What worked before.” And once again the pendulum will swing back to quality money.
The only beneficiaries of this event will be gold and silver, and those who own them.
- Source, Mike Maloney's Top Ten Reasons to Own Gold and Silver:
We've had a huge amount of debate on our website this week about what kind of monetary system is coming next. After watching Episode 2, the most common question from viewers ran along these lines, ‘Ok, so I can see that we are overdue for a new system and that this one is bound to fail – but what comes next?’
Episode 3 of Hidden Secrets Of Money addresses these concerns, but for now I thought I’d post some footage from a Q&A session after one of Mike’s presentations. He had just made a keynote speech at a Casey Research Summit in Arizona when he was asked by an audience member whether the U.S. Dollar was losing its reserve status. Many folks at the Summit had also been asking about a supposed ‘One World Currency’, Mike’s answer combines the two topics and drives home the fact that not only are gold and silver the ultimate money – they represent freedom and independence.
In my book, Guide to Investing in Gold and Silver, and in Hidden Secrets of Money, I show how societies have swung back and forth from quality money to quantity currency. Originally, quantity currency took the form of debased coinage (gold or silver money that has been diluted by adding cheap and abundant base metals such as copper). Then it took the deceptive form of national currencies that were initially backed by money, IE: claim checks on gold and/or silver. Once these were established, governments then could change the laws, basically making fraud legal, so they could print claim checks on gold that didn't exist. The next step was to sever the connection between money and currencies entirely.
Back when we used real money, gold would automatically balance all economies. When one country experienced an economic boom, they would import cheap goods from countries with depressed economies and lower wage rates. The outflows of gold from the boom country would cause a deflation, cooling the economy, while the countries experiencing gold inflows would boom, causing their labor rates to increase, which in turn would cause the prices of their goods to rise. This meant that trade imbalances would always automatically rebalance. Government spending was also constrained. If a government wanted to spend more than its income (deficit spending) it had to borrow gold from the private sector. If the government borrowed too much it would cause interest rates to rise, which in turn would slow the economy, which in turn would cause tax revenues to fall, which meant less income for the government, which in turn would cause the government to cut spending.
But the debt based global monetary system has allowed deficit spending, trade imbalances, and bubbles to persist and balloon to levels unprecedented in all of history. We are in completely uncharted territory. The credit/debt bubble and the derivatives bubble threaten to take down the world economy. The only comparison you could make is to take every great bubble in history times one million and have it burst everywhere on the planet simultaneously… It threatens to be a global financial nuclear holocaust the only financial survivors of which will be the owners of gold and silver.
- Source, Mike Maloney via Top Ten Reasons I Buy Gold and Silver:
99.9% of the world’s population is unaware that we no longer use money… we use “fiat” national currencies. What is a fiat currency? Fiat currencies are faith based. They are national currencies that are not backed by anything of value like gold, instead the government just declares that they have value and, as long as the people keep believing, they accept it… for a while. But here’s the thing, there have been thousands upon thousands of fiat currencies throughout history, and they have all failed… 100%... no exceptions.
But there is a vast difference this time around. Since 1971, for the very first time in history, all of the world’s currencies are fiat currencies simultaneously.
As I have said many times before, the economic crisis of 2008 was only a speed bump on the way to the main event. I believe that before the end of this decade there will be an economic crisis so historic that it will eclipse the crash of 29 and the subsequent great depression. I also believe it is both unavoidable and inevitable, because it is merely the free market releasing the stored up energy from decades of economic manipulation. Yes… bad things are going to happen, but it could be the best thing that ever happened to you.
If you're new to Gold & Silver investing, getting started can be very intimidating and with all the noise out there it can be downright confusing. It's hard to know who to trust and where to begin.
At GoldSilver we believe that knowledge is your most important investment and our mission is to educate as many people as possible. That's why we are so excited to release our Getting Started Guide. You'll learn all the basics of gold and silver investing in a easy-to-understand way.
Helping you achieve financial freedom is our goal. We only ask, if you find this guide of value, that you pay it forward and share this valuable resource with those you care about.
Now go forth and get started...
- Source, Mike Maloney's Gold Silver.com, Get the guide here:
In this recently unearthed archive footage shot at the Silver Summit in September 2005, Mike Maloney correctly explains the impending housing crisis, the trend in precious metals, and what to expect moving into 2006 and beyond.
At 2:35, RT's Prime Interest interviews Mike Maloney about Episode 2 of his new video series Hidden Secrets of Money. Mike also discusses the FED, gold and silver, and the coming end of the global dollar standard monetary system.
If you have followed gold and silver market news over the past few years, it is likely you have seen various reports on fake gold and silver products.
In March 2012, a 1 kilo tungsten gold bar turned up in the United Kingdom.
Then in September 2012 there were reports on a slew of 10 oz tungsten gold bars bought and sold in New York's jewelry district.
The big problem with these news reports is that they have given little to no solution on how the public at large can avoid fake bullion products.
We would like to raise the general awareness of this issue both with our customers, our industry, and the general gold and silver investing public at large. With more than a year of hands on research, we have identified some of the biggest fake silver and gold counterfeit threats facing the investing public today.
This Special Report on the growing threat of fake silver and counterfeit gold products will arm you with solutions on how to best avoid being ripped off by sellers of phony bullion products.
It was the collapse of the currency in the Weimar Republic that paved the way for the rise of fascism, and Mike tells us we are in stage 6 of the collapse of the U.S. empire, and we are at risk of repeating history.
What makes this moment in history unique is that all past monetary regime collapses have happened regionally. This is the first time in human history in which all the world's major currencies are collapsing together. Which is why he is so passionate about owning gold and silver.
Most of us go about our daily lives without thinking too much about how our personal wealth is linked to our daily activities or weekly paycheck. The Hidden Secrets of Money series will give you the tools you require to interpret today’s economic events through the looking glass of history. Many of us are caught in a cycle of earning and spending with diminishing returns. Recognizing this reality is the first step to addressing how to attain lasting wealth. This video series shares the reality of today’s earning and saving dynamics and why, despite working long hours every week, many of us still cannot achieve our dream of financial security.
One of the most beautiful aspects of the internet is the rise of the citizen journalist and the freedom of the individual to choose his or her own news sources. Whether it is an uprising in Egypt, or an economic data report from the Federal Reserve - the days of governments and corporate behemoths being able to control the news are numbered...provided that the internet is defended as an open platform for the free exchange of ideas and betterment of mankind. By harnessing the power of the internet - just one person with an idea can indeed change the world. Julian Assange (Wikileaks), and countless others are testament to this fact.
A great example of this type of journalism occurred in the silver market recently. An anonymous YouTuber going by the name of 'Drutter' discovered a large divergence between the market price for silver, and the physical demand for Silver Eagles as reported by the US Mint.
'Drutter' posted a video online with his findings - and the precious metals community was astounded that a guy working from his backyard with a coffee and a cigarette was able to come up with data that industry heavyweights had missed with the information right under their noses. At the time, the largest bloggers and writers in the gold and silver world jumped on the story...and rewrote it as though they had discovered this anomaly themselves. 'Drutter' was left out in the cold, hardly ever being given any kudos for his discovery.
In a review of the reasons the gold and silver prices collapsed, Mike Maloney spoke with Chris Martenson of Peak Prosperity.
Dr. Martenson is a scientist at his core. His Ph.D. is from Duke University, and his MBA in Finance was earned at Cornell. For Dr. Martenson, reaching conclusions simply results from the data, and when it comes to gold and silver, the data is shocking.
From the 4,500 tons of missing gold Eric Sprott pointed to in U.S. export figures, to the 300-ton German gold repatriation, the questions of who benefitted from the plummeting prices and how are all answered in this blockbuster video.
Mike Maloney is the author of the world's best selling book on precious metals investing. Since 2003 he has been advocating gold and silver as the ultimate means of protecting wealth from the games played by our governments and banking sector. In this 90 minute presentation he lays down his 'most likely' scenario for the global economy over the next decade... short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, 'Wealth Cycles', gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today's bull market and that of the 1970s, The Debt Collapse, and more.
The recent price action in the metals markets has left investors nerves frayed, but as Mike explains in this video it is at times like these that the big picture needs to be kept in mind. The fundamentals of this market are impossible to ignore, and when coupled with the madness of central banks and governments the world over - there is most likely only one outcome: An enormous wealth transfer from those holding paper assets to those holding real money...gold and silver.