[youtube]http://www.youtube.com/watch?v=tj2s6vzErqY[/youtube] Hi guys, hope you enjoy this and get something from it. Dan
who now thinks $1700/ oz of gold is expensive or better still what do you think $1700 is really worth
Thanks SS2010 great info. The last several minutes said it all for me uscwoapiabcdrf or whatever it was :lol: , as was the info on Silvers possible price TO DA MOOOOOOOOONNNnnnn
Enjoyed the book and enjoyed the UT vid - I think Mike is one who can present unbiased info on the PM market - for the Noobs = spend 90min and you'll be as educated as the rest of us...
One really interesting point was the possible price of Gold 10,000 20,000 50,000 100,000 per oz as currency fails, and that silver could either meet it and/or possibly go higher. I have read discussions/post's on SS where people are derided and castigated for such views, Yippee being a main target for one for being a perma Bull, just wondering if such comments from a well regarded commentator such as Maloney give such people pause for thought when seemingly outlandish predictions are made for the price of Silver by everyday people such as Yippee. Silver at $1000 an oz or more ???
So long as the word is getting out at least, I'm sure those Mum's and Dad's went away with a much better appreciation of what they thought were solid investments than before they heard Maloney speak, He is very adept at cutting thru the crap and explaining in simple terms what is what when it comes to investment.
I thought the most interesting slides were the ones showing the US base money, M3, then M3 - base (to show 13% collapse in the US money supply): ... which got me thinking. Is the same thing happening in Australia yet? After a bit of Excel, the answer is .. no .
The conference was April 10-13, 2011. If they bought gold the next day, they're doing OK However if they bought silver the next day, they're probably more nervous. I get what you're saying though BB .... how many more people will need to fall in behind them, to offload their metals to? MM summed it up best at the start, He said something like "I couldn't care less about gold and silver. They are just in their cycle at the moment."
Also, if this was filmed in April, I'd be curious to see some of those graphs he presented with the last few months or data, including the last week of share market collapses.