Placeholder Image

Subtitles section Play video

  • If you know how the

  • world financial system works

  • you know the game that you're playing

  • and if you don´t know the game and the rules that we're playing by

  • you are going to get slaughtered,

  • you are going to get slaughtered.

  • Ever since the Federal Reserve was born, we have been living under a lie.

  • In order for us to mantain the levels we've got and to maintain

  • the prosperity

  • Obama has to be twice as far in debt when he leaves office than when he came in,

  • or the whole thing is starting to collapse.

  • The Federal Reserve, they're buying bonds directly from the Treasury.

  • This is Quantitative Easing, they're calling it,

  • and that means there's an emergency going on.

  • I can see that there was not anything

  • in history

  • as far as finances goes, that was as much as a sure thing

  • as gold and silver accounting for the expansion of the fiat currency supply.

  • There is absolutely no chance in hell that this won't happen,

  • right now it takes about 15000 to 20000 dollars an ounce of gold.

  • I believe that there's going to be a deflation

  • first

  • and then all of the world's central banks

  • will start printing like crazy to get us out of that deflation and Ben Bernanke

  • will be leading the charge.

  • You can´t have a debt that is 10 times the size of your economy.

  • It's not posible. Everything comes to its screeching halt first.

  • I've got to show you

  • the world's stock markets

  • and real estate bubbles

  • have to continue crashing because

  • all it is

  • is the market trying to seek

  • fair value.

  • It's trying to seek equilibrium,

  • this is what the markets do.

  • It is their job.

  • Basically,

  • you know, our entire currency system

  • is imaginary,

  • it doesn't really exist. It's just that we're all dreaming the same dream.

  • If anybody chooses to wake up...

  • it's over with.

  • Thank you very much!

  • I'm Mike Maloney

  • author of the bestselling book on precious metals investing,

  • Guide to Investing in Gold and Silver, is part of

  • the Rich Dad series that Robert Kiyosaki started,

  • the original book. Robert Kiyosaki says: write a book

  • no other instructions: write a book,

  • and so I start writing this book

  • two and a half years of research and writing

  • probably 30 hours a week,

  • every week

  • for two and a half years. It's a very well researched book.

  • The one thing I really worry about

  • is perpetuating misinformation, I want it to be accurate

  • and then I tried to boil it down and make it real simple. I read all these books by

  • economists like Milton Friedman

  • Murray Rothbard,

  • Ben Bernanke, if you get a chance to read some Ben Bernanke, don't!

  • He is a horrible author,

  • just horrible.

  • They're all trying to write over each other's head and impress each other

  • And by doing so, they make economy sound so complex

  • that everybody thinks well, I can't understand economics.

  • It's really simple.

  • Economics is very simple if you boil it down to its essence

  • and it's not that difficult to understand and that's what I tried to do

  • in my book.

  • For the people that have not read my book,

  • about 75% of it

  • is not about investing in gold and silver, it's some history of money

  • and then how the world economy works and what could potentially happen

  • you know, where we came from, where we are today and what could potentially happen.

  • By the way,

  • I really couldn't care less about gold and silver,

  • I don't want gold and silver, it's just in its cycle right now, it's a stupid lump

  • of metal that doesn't

  • have cashflow or spinoff dividend yields.

  • And so I don't want gold and silver,

  • it's just that right now I don't want anything else.

  • They're just in their cycle right now and they're going to be outperforming

  • everything else, in my opinion from all of my research,

  • and they're going to be able to buy a whole lot more other stuff.

  • A whole lot more real estate,

  • whole lot more stocks,

  • whole lot more oil wells, farmland,

  • all the true wealth.

  • It's in

  • the buildings, the businesses, the farmland that is out there,

  • and people get this picture in their head

  • that if there is an economic disaster, if there were some sort of collapse

  • that it's going to be like this nuclear wasteland afterwards, it's not.

  • All the buildings still are going to be there, the apartment buildings.

  • It's just that they're all going to be on sale.

  • The problem is

  • when investments are on sale nobody buys,

  • the public comes charging in, and they chase investments after they're going up.

  • Gold and silver get hot

  • whenever they're going up and as soon we see them take a dip,

  • it's like sales turn off like a light switch, most of the time.

  • And I don't want anybody

  • to get slaughtered.

  • I really don't want these bad things to happen, I just think that

  • all the evidence is there.

  • What our leaders have done to the economic system

  • is going to cause these things to happen and it's inevitable,

  • and I'm trying to warn as many people as possible

  • as quickly as possible. My company has a mission,

  • to get as much gold and silver in the hands of the middle class

  • as quickly as possible, because

  • when there's great economic upheaval, there is great political change,

  • and usually goes along with it

  • In the hyperinflation in Weimar Germany in 1923,

  • this hyperinflation ended

  • on November 15th, 1923. On November 8th, one week before

  • the end of the hyperinflation,

  • Hitler's storm troopers

  • pointing machine guns at the front door of the Burgerbraukeller where

  • there was a political meeting, this big beer hall

  • where there about 3000 people listening to politican speeches

  • and on that night he took the stage

  • at gun point

  • and to this literally captive audience gave a speech that changed the world.

  • Nobody knew the name Hitler, nobody knew who he was

  • until he gave this speech

  • to a newly empoverished middle class

  • people that were scared and looking for somebody to lead them,

  • and here this charismatic guy takes the stage, gives them a scapegoat

  • and says "I know the way out of this".

  • The next day, those people in that beer hall

  • followed him to try to do a military... a coup to take over

  • the government

  • and it failed.

  • He was imprisoned,

  • he was tried for high treason,

  • his trial went on for an entire month,

  • and during that month he had the ear of the nation.

  • He was covered in every newspaper

  • all across Germany,

  • and the judges were sympathetic to his beliefs

  • so they let him go on for hours on end with the speeches

  • and that's when he gained power was when the middle class was scared.

  • The middle class defines a country with their vote.

  • The country, as the middle class goes so goes the country,

  • and so

  • what I'm worried about

  • is not the loss of my financial well being,

  • it's the loss of capitalism, it's the loss of

  • our quality of life, it's the loss of our freedom of choice.

  • That's what I'm worried about,

  • and I know that there are certain people that I'm not going to be able to reach.

  • Joe-six-pack, I refer to the guy that comes out

  • of his beer and football induced coma

  • at the very end of the bull market and comes charging in and buys at the peak.

  • I can't do anything for him.

  • I'm hoping that I can do something for all of you.

  • These are wealth cycles. If you have two asset classes that are rising,

  • you have for instance, let's say that this is real estate on the bottom

  • and on the top here we've got precious metals.

  • Precious metals in this last decade here,

  • precious metals outperformed real estate and stocks

  • but everything went up.

  • Stocks went up, bonds went up, real estate went up and so did commodities and precious metals.

  • Is that possible?

  • Can everything go up? Think about it for a minute.

  • If we've only got so much stuff in society and if you've got these

  • 3 or 4 asset classes

  • and everybody rushes toward one, pushing it to a bubble shouldn't it be drawing

  • currency away from the others? Shouldn't the others be going down?

  • Well, they didn't in the last decade.