I spent quite some time studying gold & silver this morning via Google and Youtube. It's interesting to see that how the well informed and financially educated started taking action back in 2007 and how the public/mass market only react within these few weeks (started since CNY where silver is around MYR3,950/kg to today's MYR6,000+/kg)
Ron Paul In "Why Gold & Silver?" Movie
"The one characteristic of a country that debases its currency, and goes to a paper currency - the currency always self destructs, it always ends." - Ron Paul
"It's the biggest scam that has ever been perpetrated, it's amazing that we've gone along with this for close to 100 years." - Mike Maloney
Death Of Dollar Via Gold/Silver Manipulation? (CRASH JP MORGAN!) Mike Maloney
Manipulated is ended because it's exposed by somebody working on it to get it exposed. If it continues to be manipulated until the freemarkets overwhelmed in manipulation, which they always do, there is just no chance they are going to manipulate forever. So just create a bigger opportunity in a longer period of time for people to acquire precious metals in ridicuouly low price.
You can't have something that the world is running out of that is below the mining cost. That is something that the free markets have to correct. When they lose control, there is a bigger shortage and the price just go higher because there is less for people to buy.
When gold rises, fiat currency looks bad. It comes to a tipping point where confidences are lost towards papers.
$1500 SILVER - Mike Maloney
"This opportunity isn't going to last for long...there are these brief moments that go by, as far as historic time, they go by in the blink of an eye...where the safest place to be, the place where people run to, to protect their financial well being during economic crisis, gold and silver, they have been the safe haven for your finances for 5000 years. And there are these brief moments in history where they simultaneously become the asset class that has the single greatest potential gains in absolute purchasing power...and we're in one of those RIGHT NOW." - Mike Maloney
Ron Paul is interviewed by Michael Maloney of Goldsilver.com
In Feb 2008, they talk about monetary policy, the US constitution, the Federal Reserve.
Silver: Exponential Growth
The reason is that the U.S. has well over 100 million workers, yet the world has about 250 million oz. of silver in known inventories! If 1/10th of an ounce of silver is a day's wage of $100, then an ounce of silver would be $1000/oz. (check out more about Gold Silver Ratio)
USA To Confiscate Gold? - Mike Maloney at Silver Summit Asia (Invest)
During the midst of hyperinflation, a point where gold and silver become lethal to the currency. The wealth transfer has already occured, you've made your gain by then, so it's just a signal to sell.
This is NOT meant as financial advice. Do your research.
