For all those that didn't see this... it's fantastic summarization of the situation
Money Cycles and Debt Collapse by mike maloney
Those that don't recognize Mike's conclusions, in his own words "are shit out of luck, USCWAPIABWC,F'ed!
Great presentation. Thanks, and a Hat Tip to you.
the polish of the presentation and production of it make me curious what he is selling. Below are 2 posts for counting user opinions.
hat tips if you think Mike Maloney is aligned to bullion bull market hype machine, but you don't trust him
hat tips if you think Mike Maloney is not only on to something, but you are waiting for his pitch on where to put your money next when this bull market transfers elsewhere in x years.
Something about Mike Maloney doesn't sit right with me, can't quite put my finger on it. It could be something as simple as his name, which happens to rhyme with "baloney".
It's because he's a ginger. j/k I think he is all right.
Thanks, I get it now. I think he's alright too, its just that subconscious ginger bias that I wasn't aware of until you brought it up and I found this at Urban Dictionary:
Carrot Top is a good example of why gingers should be discriminated against.
I think maloney is OK too, he has the best graphical big picture presentation of them all, but he has a little bit of that salesman air about him, but as long as you keep that in mind.. I think he has a likeable character, but hes not entirely at ease doing big presentations.
And he really should refrain from cheap media tricks like that dramatic intro to his last presentation, and pretending he was shut down on that russian conference.
It's the kind of video you send to somebody after they ask you "so why should I invest in gold and silver" It's the basic 101 stuff that I'm too lazy to keep repeating. If you send somebody to King World News, they'll probably get lost or disinterested. This and his book probably fill a big void for people who need to get up to speed.
There are the trader types, the philosophical types, the more general economic types and trend newsletter types and he comes off as the sort of new agey teacher type. I think he was with the Robert Kiyosaki franchise. And because of that, he's probably gonna make a tons of money selling bullion to people and selling books and information. Really can't fault him for taking alot of information and putting out to the sheeple who are ready to convert.
However, he ain't the first guy I seek out for any kind of short term or long term analysis. And I'd agree, he's got a little bit of that sales pitch tone going on. But maybe that's what people who have no clue need to hear. I guess we are all on the same team serving different functions
That Russian symposium was presented to a bunch of bankers. Easy to see why they wanted him off stage! Musn't undercut confidence in fiat currency now, can we?
Too many posters have shot the messenger here! What Mike presents is both highly trustworthy and truthful, as can be verified by doing some self due diligence, by way of confirmation through other sources. Don't be so lazy and sit back taking 'pot' shots at the info without doing some work yourself! OH, and never forget your grade one lesson - you can't judge a book by it's cover!
I hope you know I like Mr. Maloney. I was making fun of the poster that said there was something he couldn't place that he didn't like.