Mike Maloney’s Update On the Gold/Silver Ratio
Join Mike Maloney in Acapulco for an update on the gold/silver ratio, which has recently hit extreme levels. How does Mike trade this to his advantage? Watch the video to find out.
Please note, this video is from 2018. He though says, Gold, Silver and Crypto will do very well before the end of the decade.
Well, that’s true. Especially Gold soared. Not to mention Bitcoin. It scratched the 100K mark in August. At the time of editing this post BTC was at 84K. Not bad either. Silver is moving up too. The ratio is around 80 (I think).
Mike, you need some stacker 10oz bars on your site.
I’m using my silver as ballast and my Litecoin as cargo ….. fill the boat bro
If they did, it would cost them too much, and privacy platforms would go higher, and…
Paying taxes isn’t really a choice. It is the law. You may, or may not, get away with it. I believe the IRS will audit up to 3 years back and if they find any errors they will look even further back.
Crypto’s are bad m’kay. They are the warm up to Fedcoin, the globalist’s one world currency and way to TOTAL control.
so all cryptos are bad? that is not an argument.
Brnki S yes. It is a trail for a cashless society. Once Rothschild has total economic control that is electronically based, them or the government can make your money and life disappear in 2 minutes. Not so easy with cash and gold. They want you to think your doing smart with crypto, but your just training yourself for the new 5g system where everyone puts a chip in their body. Not for this guy, thanks.
Thank you for your brief informative message Mr. Mike Maloney -have a wonderful time out in Acapulco, Mexico….
Thanks Kristy.
One thing I’m confused about is sale for what? A devaluating dollar? China and such are getting away from our dollar and what do we sale our silver for when dollar is worthless?
Some foreign markets will profit off the dollars demise, particularly where there is more free market principles. So if youre into stocks, listen to Peter Schiffs channel on this and read his books. In the US, our market is dollar denominated assets, so the US stock market is best to avoid. You can always buy real estate like farm land and energy, which will always have value. Land goes on sale when the market crashes.
David 2 words- HARD ASSETS. Use the Yuan as a measure.
You buy income producing assets. Real estate, stocks, private businesses for example. Those assets will feed you whatever the prevailing currency/money is. You don’t have to guess what the winner will be.
PMs (even cryptos) are a means to an end. Income producing assets are ultimately what you want to load up on.
Man!! forget about JP MORGAN, Mike´s got all the silver….
lol
I bought Silver for $45 an ounce in 2011… imagine if I bought Bitcoin instead? Stop with the “I believe gold & silver will skyrocket one day” nonsense.. alot of people got burnt for the past 6 years such as myself listening to the gold / silver gurus.. just stop ..
jimmy james you must have only heard and not listened. If you bought silver once, or 10 times, you were never a PM investor.
jimmy james
According to these gurus, you should buy more =)
Luckily I’m just an innocent poor student when I get suck into the hype in 2011
Imagine if you didn’t buy silver at it’s allmost highest price ever…..
Silver has had far higher prices. You have to adjust for inflation. We have multipled the currency supply 5 times over since 08
You did the right thing. You never would have sold your BTC at the “right” time anyway. I sold mine right after Trump was elected.
Gold is the same price as 7 1/2 years ago. Waste of time unless you buy just before a crisis
Matt Antunovic, I’m just looking at the charts. On January 1, 2000, the S&P 500 was about 2047 (http://www.macrotrends.net/2324/sp-500-historical-chart-data). As I write this, it’s about 2735. That’s a gain of 33%. On January 1, 2000, gold was about $417 (http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart). As I write this, it’s about $1332. That’s a gain of 219%. Now, assuming that most S&P 500 investors would put their dividends back into the market, we need to factor that in. This calculator (https://dqydj.com/sp-500-return-calculator/) shows that with dividends reinvested, the S&P 500 total gains would be about 171%. So gold has beaten the stock market, in general, by a margin of about 50%.
Gold doesnt just keep up with inflation, it becomes a transfer of wealth after a tipping point in a debased currency. It does an accounting of all that expansion of the currency supply. Those in dollars or dollar denominated assets have their purchasing power transferred to gold and those who hold it. This is due to Gresham’s Law.
that’s the point. the dollar is worth less than it was 7.5 years ago. Gold is a savings vehicle not an investment.
If you’re looking at gold as a get rich quick scheme then you’ve certainly wasted your time. Gold isn’t a get rich quick scheme, it’s an insurance against monetary crisis.
gold is saving not investment, business is a good investment, you can gamble with cryptos, make 30% a day. Gold is just for saving, and IF eventually crisis comes – you can make a bit from it and invest in real estate or stocks or whatever is devalued after the crisis
I’ll start using this strategy Mike thank you for the advice. I love your channel.
unrewritable It’s not a strategy, It’s a sales pitch.
Yawn, been listening to the same rhetoric for over 20 years. I have a broken watch that tells me the correct time twice a day. It might be broken but it’s a lot more accurate than this hogwash.
J Johnson You’re wise not to believe everything you read (including Mike). Slowly moving from property into land, we always need land to grow crops, raise animals, or build more property. For the record, the gold to silver ratio Mike and many others use is based on a few occurrences across a very long history, the average is closer to 32%. Gold is a great storage of value, Silver may prove to be a good investment – if we can ever get the banks to stop manipulating it, which is very unlikely until they want it to happen for their benefit. I have my fare share of both, but I’m fed-up of people like Mike making out this is all about helping people. It’s about him making money from his PM sales, by constantly blathering on about something that has been “going to happen very soon” for the last 20 years.
At 40 did you build all yourself or smart with someone else’s money you got lucky with? Most people get lucky very very few world from nothing and based on your response being less humble to stranger you were given this opportunity. But I don’t know you so maybe just maybe you worked hard.
Zyzyzx Zyzer You are correct, there is a lack of humility in my response, mainly because I was responding to sarcasm. And to answer your question; I bought my first property at 19 and my dad and I converted it to student lets. My second property came 2 years later and it all grew from there. I was very lucky to have parents who invested in my plan, but I worked 6 or 7 days a week for almost 20 years. Now at 50+ I’ve been semi-retired for over 10 years, I only say semi-retired because I have a number of projects I work on with my adult children, to help them realise their goals. I don’t owe anyone and I don’t really care what people I’ve never met think.
Paul my sarcasm was in response to how condescending you were in your initial post. I dont buy precious metal because mike maloney or any other dealer makes some sales pitch. I actually read books by the same economists that mike read, such as Rothbard, Hayek, Mises, etc. When i read Mikes book, i had already read this information in sources he cited. Therefore, i know that its not a sales pitch, but a lesson in economics. Nobody could have predicted that they would actually succeed in reinflating even bigger,bubbles through all that QE. So yeah, this has gone on longer than most expected, but mike actually said by the end of the decade (2020), which is likely. Even if it goes longer, it doesnt matter, because the longer it goes the bigger the transfer will be based on Greshams Law.
I don’t care what people I don’t know think, except when I post comments on Youtube.
Silver is the best buy EVER at these rediculous manipulated low prices , better be safe than sorry in these uncertain times .
You just have to hope it becomes “un-manipulated”.
You buy metals to preserve money. You buy cryptos to make money.
@john wick’s pencil
No, school taught me keynesian economics and they believe fiat is money lol. I studied some austrian outside school because i was looking for the truth. The truth is found in philosophy, which in this case is individualism that is the basis of aound money and austrian economics. Its the same philosophy that underlies the inalienable rights and the constitution (which also demands gold and,silver). Keynesian economics is based on collectivism, an ideology that slaughtered 65 million citizens worldwide in the 20th century and has been robbing people of their wealth through bogus economics. Its,no wonder that keynes was a proponent of eugenics. He must have felt the people he was robbing to be inferior.
Knpstrr
I agree and mike says the same. “Im not a gold bug; its just that i dont want anything else eight now.” Well, and silver. The ultimate goal os cash flow, the way Robert Kiyosaki teaches. He made his wealth in oil and real estate and has made his exit for this crash. After, im sure he will buy it back up.
Moonshot? What do you call a 20x increase in less than a year? You missed the boat to sell.
Yes, This! I keep trying to explain this to both the old bugs and the crypto cultists. There is a rational middle ground. This is exciting promising new technology but take profit every once in a while so that you don’t lose it all some day.
There’s another ratio that i like: the gold/dollar ratio. I didn’t buy gold back in 2011, and now if i wanted to buy some, i would be able to buy 1.5 times more gold than if i did back in 2011. For silver, i would be able to buy 3 times more. Isn’t that a nice ratio ? I don’t understand how you gold bugs can be consistently wrong during 7 years and never feel the need to give any explanation about that…All the people who have followed your “buying tips” would be totally broke by now…
How you choose to store your metal is up to you, but if you put every cent you have into metal and you cant even pay your bills, then mikes advice isnt your problem. Robert kiyosaki explains the basics of assets and liabilities. If you cant pay your liabilities, then you have no business buying gold or silver in the first place, because youre apparently already broke. On the other hand, if your assets pay your liabilities (like storage fees) then youd be wise to preserve your wealth in gold and silver.
Bwaaaaa ha ha ha. Fees. Spot prices. Shipping. All taxes right? Either the value s diminishes when exchanged. Like a collectible coin will be priced as junk silver dirty gold. What everyone is going to carry a test kit? Metals are for those wanting to lose slowly.
yeah cause they needed testing kits 1000 years ago….
I prefer the flat fees of a precious metals purchase over the perpetual fee and taxation of a perpetually debased currency. I pay a very small fee upfront and only once. You pay it daily, forever, until the currency is eventually worthless. Who is losing their wealth slowly here? Store the metal at brinks and you dont need to ship it. For me, thats an hour or 2 drive, which is not very far for something like this. Its clear that the majority of the people who try to debate against this here are trolls, or who have never studied sound economics beyond the crash course in mikes book. We have 5000 years,of history on our side. So, i feel great about where i stand on these issues.
By the way, move to Puerto Rico and skip the taxes.
It will be 6 years that I accumulate only silver because it never drops. Always between 65 and 85. It becomes long :-/
no one under 35 is buying gold. its dead. crypto is the future.
buying gold is like backing myspace when facebook is being developed,
We will be taking all the money away from the bubble asset chasers once reality sets in.
When all the central banks sell their gold and hold their reserves in crypto instead, you’ll have a point. But that hasn’t happened yet.
How will cryptos fare when the Earth is hit with another ‘Carrington Event’ size solar flare? Much like a crash, it _is_ going to happen. Also like a crash, no one knows when.
Cryptos will be completely inaccessible. Think they’re difficult to spend now…
What’s going to happen to metal? Some electrons will flow through it, that’s it.
What’s the world going to be like when all power and communications are disrupted? Likely chaos.
But the auroras will be awesome!
LMAO I have a crypto portfolio, but if that is your safety net you are stupid. How do you spend crypto without electricity? How do you use a credit card or look at your bank account wihtout power? Thats right Katrina, Sandy, Earth quakes and blizzards don’t happen……except they do?
I admit Im agnostic, but there are songs100s of years older then me about giving men much more important than me SILVER and GOLD……..Bitcoin, Ether, Neo, XRP, have been around what 6 years? 7 tops? Prospectors called similar items fools gold.
Just based off of your tone you sound like a weak hand anyway. You probably sold your alts during the current dip for a loss to chase bitcoin…..at a loss.
Hey Joe, I just started investing in PM as security against crash (economic and/or grid). Have been trying to find info (in case of grid crash) on how to determine the the worth of PM in that scenario. Can you point me in the right direction to people who discuss this?
We are in a new era of the Crypto ponzi trolls. Keep up the good work Mike.
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https://youtu.be/e5nyQmaq4k4
Outside of US for example in my country, silver is hard to liquidate. Most people in my country didnt even know what silver is. When I showed my mother 10 oz bar, she asked what am I doing with that ROCK! I told her it is silver. When I told her the price, she looks worried and ask how will I sell that and I told her, to the dealer with a 15% spread. At almost 170$ for 10 ounce, that is a monthly rent for a single storey house in my country. She asks, what if the dealer goes bust? Hahahaha( I never thought of that actually). I guess Im stucked with a dumb metal then. However, when I showed her a gold coin, she recognized it instantly. She even knows where I can actually sell(pawn) that gold. That is why I prefer to buy gold even when I know silver has good value. With starting salary of 650$ for an engineer like me, buying an ounce of gold though is very very hard.
That’s interesting. Yes, from what I’ve read, silver is cheapest to buy and easiest to sell in the States. I can buy silver for 5% over spot all day every day and it’s very, very easy to find a buyer.
I would assume the less familiar metal was more rare. Maybe I am just drinking the koolaid, but at the rate we are consuming and disposing of silver; its not surprising you cant find someone who knows what it is. You think she would recognize platinum or palladium?
Shouldnt we be looking to hold off liquidating gold & silver supplies until there is no petrodollar. Are we not trying to buy into the next economy with our gold & silver, not profit a minimal amount in this one?
It is a risky to bet that a world changing crash will happen and to “hold out” until that plays out. Better to take profits now. And adjust accordingly.
For example, in the 2008/2009 crash it would have been a great time to sell out of PMs and get into stocks/real estate and ride it up to where we are right now. And now be transitioning back into PMs. A TON of money was made in the stock/real estate markets the past 10 years. I feel sorry for anyone who missed out on it.
It is amazing to me that Mike has had such a profound influence upon people, such that roughly 6 hours after this post over 5,500 people have watched, in the overnight hours mind you, and within that short span,now over 124 people commented. And many negative naysayers… wow! To you negative people out there, you just give him more validity. So, for all you naysayers if you don’t like Mike Maloney why in the %&*#$ are you watching his post. Go watch some crypto channel, or better yet go spend lots of your own time money educating the world about your ideas on how to help us all survive an impending storm. If digital ledgers are going to have a place, which they likely will, spend your time building the network that will deliver the future prosperity to the world. Or otherwise help in some constructive manner. My thanks to Mike Maloney for trying to help give clear information and build a better world!
Frank Reilley not nite time everywhere 😁
As prices for PM’s Continue to PLUMMET!
Mike you should probably start spending your fortune soon because the Grimm Reaper appears to banging on your door.
Damn, that’s nasty.
What a dreadful thing to say