Mike Maloney (@mike_maloney), author of Guide To Investing In Gold And Silver and founder and CEO of GoldSilver.com, joins Julia La Roche on episode 75 to discuss his newest book and latest warning that an economic storm is coming that will dwarf the 2008 global financial crisis and why we could see the unleashing of a massive bull market in gold and silver.
You can buy Mike’s newest book, The Great Gold And Silver Rush Of The 21st Century here: https://www.amazon.com/Great-Gold-Silver-Rush-Century/dp/B0BP3HW5HJ
You can read Chapters 3 and 4 of The Great Gold and Silver Rush of the 21st here: https://ggsr21.com/online-chapters/
You can buy Mike's first book Guide To Investing In Gold And Silver here: https://www.amazon.com/Guide-Investing-Gold-Silver-Financial/dp/1937832740/
0:00 Show open
1:30 Welcome Mike Maloney
2:56 Mike says the new book is not easy to find on Amazon
4:00 Macro picture today — the world is drowning in debt
5:59 ‘An evil monetary system’
7:20 ‘You have been monetized’
13:00 When we used gold
14:29 Modern monetary system based on ‘fraud, theft, and enslavement,’ says Mike Maloney
17:00 ‘Unless it stores value, it’s not money. Period.’
17:15 Money v. Currency
22:12 A monetary system that’s ‘an illusion'
24:00 ‘On a path toward an implosion’
26:00 CBDCs
27:58 Central Banks buying gold
28:47 China and gold
33:00 A bigger financial crisis than 2008?
35:00 ‘The Almost Everything Bubble’ and ‘The Bernanke Bust’
39:00 Open Market explained
48:33 Warping the economy
50:35 Interest in gold and silver
53:00 US dollar
54:00 Trapped in an ultra-complex system
56:26 Taxpayer takes a loss
59:00 Benefits of owning precious metals during a meltdown
1:02:50 Gold and silver could soar
#172 John Cochrane On The Fiscal Theory Of The Price Level, Causes Of Inflation, And The Need To Stop Throwing Money Down Trillion-dollar Rat Holes
#171 Dave Friedberg, CEO Of Ohala And Co-Host of The All-In Podcast, On The New Breakthrough Can Boost Crop Yields By 50-100% And Could Change Farming Forever
#170 Bob Elliott: The Biggest Risk For Equity Investors Is The Economy Remains Too Strong
#169 Carol Roth: The Stagflationary Economy Is Making A Resurgence
#168 The ‘Acid Capitalist’ Hugh Hendry On The Fed’s No-Win Situation, The Fragility Of Valuations, Gold As ‘The Alchemy Of Chaos,’ Buying Bitcoin, And The Dangerous Sign The Japanese Yen Is
#167 Michael Pento: If Rates Don't Come Down Across The Yield Curve Relatively Quickly, The Economy's In For Big Trouble
#166 Nancy Davis: 'Whatever They Say, The Opposite Happens' — Fed Meeting Reaction, Why Inflation Is Here To Stay, And The Opportunity For Investors
#165 Jim Bianco On Stickier Inflation, A 10-20% Chance Of A Rate Hike, And Why The 10-Year Treasury Yield Could Surge To 5-5.5%
#164 Chris Whalen On Higher Interest Rates, Illiquidity, And The Death Of Leverage
#163 Professor Scott Galloway: We're Turning Into Something That's Not Very American
#162 Keith Fitz-Gerald, Investor Who Nailed 2023 Market Rally, Says The Fed Doesn’t Matter — Investing In Optimism Does
#161 Michael Howell On Global Liquidity, A Re-entry Point For Risk Assets, Monetary Inflation, Gold, The US Dollar
#160 Bill Fleckenstein: The Fed Is Trapped And Unable To Fight Inflation
#159 Lyn Alden On Fiscal Dominance Macro Backdrop, Why The Rise In Gold Is Indicative Of Fiscal Problems, And Why Bitcoin Could Hit Six-Figures In This Cycle
#158 Larry McDonald: We’re Entering A Sustained Inflation Regime, Why Trillions Of Dollars Are Currently Misallocated, And The Opportunity Right Now In Hard Assets
#157 Dr. Gary Shilling On The Hidden Flaws In The Economy
#156 Tom McClellan On Why The Recession Is Still Coming And Why The Second Half Of 2024 Could Be Unpleasant For Stocks
#155 Meredith Whitney On The 'Bifurcated' Economy And Consumer, Why It Will 'Pay To Be Patient' For Young Homebuyers, And The Coming 'Silver Tsunami'
#154 Dr. Art Laffer: We Are In The Middle Of A Massive Redistribution Revolution And It's Destroying Growth
#153 Amy Nixon On Inflation Running Hot And Pivoting On The Deflationary Recession Call
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