Debt Collapse - $20,000 Gold - Mike Maloney On Gold, Silver & Economics

**Christopher** · 09-22-2011, 07:31 AM

I know it's a long video but well worth the watch if for nothing else to see how currency is created. Not real money but that fiat currency that is carried in our pockets.

As far as buying gold and silver, well that's on you. I think it's crazy if you don't and are not prepared for the collapse of the dollar but again that on each person to decide on their own.

**motherfunky** · 09-22-2011, 12:47 PM

Its funny how independent thinkers all come to pretty much the same conclusions, what Maloney is saying is precisely what i concluded 8 years ago. He's only been on my radar about 12 months, how odd NOT. Its history and logic, not rocket science. Oh and dont be disparaged if your posts dont attract much interest, dont be afraid of not being one of the crowd.

**motherfunky** · 09-22-2011, 01:36 PM

£100 a point december Gold bought at 1741, thanks Chris for the nudge cheap as chips.

**motherfunky** · 09-22-2011, 06:17 PM

Well the markets opened again and im already £1300 in profit, more people should be taking notice. But they wont. Oh its £1500 now lol. Im off to bed.

**Christopher** · 09-27-2011, 09:42 AM

Took advantage of the recent dip to pick up a little and yes most people won't notice or care. I use to tell my friends to make sure and add PMs to their portfolio but they look at me like I'm crazy. I stop wasting my time.

**NoAngel2u** · 09-27-2011, 10:20 AM

I have a little silver, but I consider my land, chickens, seeds, stored water and ammunition to be my most important investment.

**skyguy2007** · 09-28-2011, 04:05 AM

In October 2008 I was sure we came as close to a total collapse of the financial system worldwide as we've ever been. The Fed Reserve and all who fall under the protection they provide, I'm sure were worried, because if it collapsed all the power they have is gone, and many of them would be worried for their life instead of their money and paper assets...life would become a game of who's the biggest bully with the most weapons & ammo.

**motherfunky** · 10-03-2011, 12:27 PM

Originally Posted by skyguy2007

In October 2008 I was sure we came as close to a total collapse of the financial system worldwide as we've ever been. The Fed Reserve and all who fall under the protection they provide, I'm sure were worried, because if it collapsed all the power they have is gone, and many of them would be worried for their life instead of their money and paper assets...life would become a game of who's the biggest bully with the most weapons & ammo.

ie the FED

Seriously as Jefferson said the FED is the DANGER NOT the protection, I honestly think one day soon the greed of the paper alchemists as I think of them them will be their own downfall

"If the American people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."

~President Thomas Jefferson, letter to Treasury Secretary Albert Gallatin (1802)

Same today as its always been. The gap between the rich club and poor masses gets more gaping by the day, and like Carlin said guess what you and me aint in the club.

BTW i dont blame capitalism and free markets before you make any conclusions, I blame crony capitalism and rigged markets.