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US Economy and Investing in Gold and Silver Part 1


Mike Maloney, Dave Morgan and John Embry discuss the US economy and investing in physical gold and silver

Channel: News & Politics
Author: PreciousMetalsStore

Length: 09:36
Rating: 4.8
Views: 5061

Tags: gold  silver  investing  coin  bullion  precious  metals  store  dollar  devaluation  collapse  recession  depression  mike  maloney  peter  schiff  ron  paul  federal  reserve  inflation  monetary  policy  

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Video Comments

MohammadX101
... we now can print unlimited amount of money for ourselves and we don't care who writes their laws. Most people don't know what we're doing and those who do are so dependent on our favors (trading signals) that wont dare to say anything. If anybody seriously challenges us then we shall label it as Armageddon to scare the hell out of them, until they realize prosecuting band of thieves has nothing to do with Armageddon
MohammadX101
If there is no manipulation, price-fixing and conspiracy involving gold and silver then the current prices suggest that there must be plenty of gold and silver available to support such prices when adjusted for inflation. In that case there should be no excuses or problems returning to good, hard, constitutional money backed by gold and silver. Why violating the constitution and quietly phasing out the silver certificates if silver is so cheap and plentiful in mines of Mexico, Nevada, Idaho,...?
MAJESTIC10110
What alot of people dnt know is that the US dollar is the second american currency. The first was the 'continental' . Also there will be a third shortly!!!
tonybonez
grizzydoug.. Am I an ass to point out that you said "Silver at $50/oz in 5 years or less. Silver MAY pull back to $15/oz... maybe even $14.50 a few times between now and this summer." you have your bases covered....if silver goes up you can say "see it is creeping closer towards my $50 per ounce prediction" - if it goes down "you can say "see I told you that it might pull back" Why are you scared to make specific predictions? By Feb 15, 2015 silver is below $8 Monday open down 35 cents
grizzydoug
OK, now your just being an ass... My last post was very clear for anybody that read it other than you obviously. I'm not wasting anymore time on you.
tonybonez
grizzydoug how am I twisting your words, if silver goes down you say "be patient and wait", if it goes up you say "see I told you it would go up" You predict silver to be somewhere between $15 and $50 which is not really a specific prediction at all. why are you afraid to say anything specific... Here is my specific prediction: SILVER DOWN BY AT LEAST 35 CENTS AT MONDAY OPEN SILVER AT LESS THAN $8 ON FEB 15, 2015
grizzydoug
OK, Tony... now your just twisting my words and you know it. Silver at $50/oz in 5 years or less. Silver MAY pull back to $15/oz... maybe even $14.50 a few times between now and this summer. These are great buying opportunities. Clear enough for you? Silver may very well be down 35 cents on Monday. So what. This is only because of the current weakness in the Euro.
tonybonez
grizzydoug You said that silver was going to be at $50 per ounce....now you are saying it will go to $15 per ounce which is it??? if silver is up you say u won if its doen u say just wait!! bottom line is that you will be lucky if silver stays above $10 per ounce for much longer... so what silver is up 46 cents right now---it'll give some of that back before the day is over and open down probably 35 cents Monday!!! I am not afraid to make specific predictions.. Silver down 35 cents Monday!
grizzydoug
I am refering to this comment from you I can guarantee that silver will open lower than it is on Tuesday!!!!!!! GUARANTEE!!!!! I am not saying I won the bet... I am saying that I don't think we will have to wait 5 years for me to win the bet. Yes it IS a longterm investment (actually it's more a hedge against inflation than an investment) I expect silver will trade in it's current range until at least June/July and maybe even pull back to 15/oz a few times during that time. I fully exoect
tonybonez
grizzydoug... what am I not responding to?? Hahaha you are funny----when silver dropped $2 a week ago you were saying "Gold and Silver are long term investments... if you think longterm means a year or two then it's not for you.' Now that silver is up what 50 cents today---u want to pretend that you won the bet-----just wait until February 15, 2015 and we will see!! Bottom line silver spot right now is at $16.36 about the same as a year ago when all the silver bugs said the sky was falling!

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