Godlike Productions - Discussion Forum
Users Online Now: 1,016 (Who's On?)Visitors Today: 66,544
Pageviews Today: 118,223Threads Today: 44Posts Today: 957
01:51 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Debt Collapse - The Case For $20,000 Gold - Mike Maloney

 
DOOMED!
Offer Upgrade

User ID: 1503176
Australia
08/17/2011 09:15 PM
Report Abusive Post
Report Copyright Violation
Debt Collapse - The Case For $20,000 Gold - Mike Maloney
EDIT: Video does not preach $20,000 gold, it helps explain the mess of the global economy

Thanks to the warm hearted people here at GLP I have a few good karma points that allow me to pin news items I think are important for us all. Anyone who owns (or wants to own) Gold and Silver this is a must watch.

In this 90 minute video by Mike Maloney lays down his 'most likely' scenario for the global economy over the next deacde...short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, 'Wealth Cycles', gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today's bull market and that of the 1970s, The Debt Collapse, and more.




Link: [link to www.youtube.com]

I honestly think now is a good time to get back into PMs, exciting times are ahead and with it great potential. Physical Gold and Silver = money.

Last Edited by DOOMED! on 08/17/2011 09:35 PM
Planet Hopper

User ID: 1458727
United States
08/17/2011 09:18 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Good info, unless the world actually goes to shit this fall or next.
Can't eat gold. But you sure can eat if you have bullets!
Why is it that when someone tells you that there’s billions of stars in the universe, you believe them. But if they tell you there’s wet paint somewhere you have to touch it?
DOOMED!  (OP)

User ID: 1503176
Australia
08/17/2011 09:20 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Indeed but I highly doubt we will decend into the complete chaos needed in order for bullets to be rated over money.


I'm not trying to push an opinion on anyone, I just think it's an important video for people to watch.
Anonymous Coward
User ID: 1496557
Canada
08/17/2011 09:22 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Let me guess...20,000$ gold ... and he just happens to be selling? I agree with deflation, though.
DOOMED!  (OP)

User ID: 1503176
Australia
08/17/2011 09:23 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
If you watch the video he's not pushing the idea of $20k gold, I wish people would watch the video before blindly rating a thread.
Anonymous Coward
User ID: 1497558
United States
08/17/2011 09:31 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Thanks to the warm hearted people here at GLP I have a few good karma points that allow me to pin news items I think are important for us all. Anyone who owns (or wants to own) Gold and Silver this is a must watch.

In this 90 minute video by Mike Maloney lays down his 'most likely' scenario for the global economy over the next deacde...short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, 'Wealth Cycles', gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today's bull market and that of the 1970s, The Debt Collapse, and more.


I honestly think now is a good time to get back into PMs, exciting times are ahead and with it great potential. Physical Gold and Silver = money.
 Quoting: DOOMED!




"Now Peter and John went up together into the temple at the hour of prayer, being the ninth hour. And a certain man lame from his mother's womb was carried, whom they laid daily at the gate of the temple which is called Beautiful, to ask alms of them that entered into the temple; Who seeing Peter and John about to go into the temple asked an alms. And Peter, fastening his eyes upon him with John, said, Look on us. And he gave heed unto them, expecting to receive something of them. Then Peter said, Silver and gold have I none; but such as I have give I thee: In the name of Jesus Christ of Nazareth rise up and walk."
Acts 3:1-6

"Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days."
James 5:3

"They drank wine, and praised the gods of gold, and of silver, of brass, of iron, of wood, and of stone."
Daniel 5:4


"You fools and blind: for whether is greater, the gold, or the temple that sanctifies the gold?"[/i]
Matthew 23:17
Tod Shwarze
User ID: 1394135
United States
08/17/2011 09:39 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
regardless, the people will not be allowed to profit from the increase in value, it will be confiscated well before then
Anonymous Coward
User ID: 1464778
United States
08/17/2011 09:41 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
I have no clue if Gold will even make it to $20,000, I think regulation will step in before that.
But at any rate, it will still have value in this new economy.

[link to www.dailyjobcuts.com]


Don't fool yourself, and yes u can eat gold. hahah
Anonymous Coward
User ID: 1509065
United States
08/17/2011 09:46 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Good info, unless the world actually goes to shit this fall or next.
Can't eat gold. But you sure can eat if you have bullets!
 Quoting: Planet Hopper


I'm so Freakin' tired of people saying "you can't eat gold".

Get a brain moran!

I have bullets. Lots and lots of bullets. But when you have food, water, bullets, guns, etc. where do you put the rest of your money?

Dollars? Euros? Gov. bonds? The Stock Market?.....

Sheesh, what a dimwit.
Anonymous Coward
User ID: 1075365
United States
08/17/2011 09:50 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
90 minutes? Cliff notes? Yes, I'm too lazy to watch it.
Anonymous Coward
User ID: 1509049
United States
08/17/2011 09:57 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
EDIT: Video does not preach $20,000 gold, it helps explain the mess of the global economy

Thanks to the warm hearted people here at GLP I have a few good karma points that allow me to pin news items I think are important for us all. Anyone who owns (or wants to own) Gold and Silver this is a must watch.

In this 90 minute video by Mike Maloney lays down his 'most likely' scenario for the global economy over the next deacde...short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, 'Wealth Cycles', gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today's bull market and that of the 1970s, The Debt Collapse, and more.




Link: [link to www.youtube.com]

I honestly think now is a good time to get back into PMs, exciting times are ahead and with it great potential. Physical Gold and Silver = money.
 Quoting: DOOMED!


clappa
Anonymous Coward
User ID: 1365423
United States
08/17/2011 10:12 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
If you watch the video he's not pushing the idea of $20k gold, I wish people would watch the video before blindly rating a thread.
 Quoting: DOOMED!


Don't have 1 1/2 hours to waste watching it.
Anonymous Coward
User ID: 1496557
Canada
08/17/2011 10:20 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney


I'm so Freakin' tired of people saying "you can't eat gold".

Get a brain moran!

I have bullets. Lots and lots of bullets. But when you have food, water, bullets, guns, etc. where do you put the rest of your money?

Dollars? Euros? Gov. bonds? The Stock Market?.....

Sheesh, what a dimwit.


Excuse us, Mr. Buffet. This way to the GLP VIP section...
Anonymous Coward
User ID: 1107716
United States
08/17/2011 10:25 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Good info, unless the world actually goes to shit this fall or next.
Can't eat gold. But you sure can eat if you have bullets!
 Quoting: Planet Hopper


I laugh at you fools who say "you can't eat gold". Im really, what kind of idiot would need to. Take a $20,000 down to the nearest farmer and buy a years worth in an after noon. Tip the horse wagon another $1k in silver for the delivery.

Gold is for RICH PEOPLE. Any moran realizes the order is food, personal consumables, trade items and consumables, finh & hunt items, ammo, then silver IN THAT ORDER.

If you have $400,000k left over after you purchased $50,000 in food, consumables and silver, etc., Gold is the only logical purchase. You can put $400k of gold in an Igloo cooler and bury it. Try doing that with silver, food, ammo, a Porsche, or fishing poles. Aint gonna happen. Gold is the best way to HIDE wealth.
Anonymous Coward
User ID: 1302693
United States
08/17/2011 10:38 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Great VID..
clappa
Anonymous Coward
User ID: 1040803
United States
08/17/2011 10:41 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Indeed but I highly doubt we will decend into the complete chaos needed in order for bullets to be rated over money.


I'm not trying to push an opinion on anyone, I just think it's an important video for people to watch.
 Quoting: DOOMED!


What do you think happens when people are hungry and no longer have the funds available for adequate nutrition either through unemployment or severe inflation?

The guns will be coming out and the violence will start.
Punk-A$$ets

User ID: 1410297
United States
08/17/2011 10:41 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Good info, unless the world actually goes to shit this fall or next.
Can't eat gold. But you sure can eat if you have bullets!
 Quoting: Planet Hopper


Let me simplify it for you:

In the great depression if you had a stockpile of gold you wouldnt have starved, period. The notion is as ridiculous as they come. While millions were financially ruined and destitute, those with gold and silver didnt starve. This was a time when cash had value ONLY because cash was backed by gold. In any new depression that cash, so far, ain't backed by shit. God help the people of America.

But its going to be ok. Wells Fargo says gold is a bubble ready to pop which means "prosperity is just around the corner"...

Wait, where have I heard that before?
Punk-A$$ets

User ID: 1410297
United States
08/17/2011 10:44 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
If you watch the video he's not pushing the idea of $20k gold, I wish people would watch the video before blindly rating a thread.
 Quoting: DOOMED!


Don't have 1 1/2 hours to waste watching it.
 Quoting: Anonymous Coward 1365423


Then fuck off and get off the thread.
Punk-A$$ets

User ID: 1410297
United States
08/17/2011 10:48 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
Indeed but I highly doubt we will decend into the complete chaos needed in order for bullets to be rated over money.


I'm not trying to push an opinion on anyone, I just think it's an important video for people to watch.
 Quoting: DOOMED!


What do you think happens when people are hungry and no longer have the funds available for adequate nutrition either through unemployment or severe inflation?

The guns will be coming out and the violence will start.
 Quoting: Anonymous Coward 1040803


Id say the community of rich folk will hire a couple toothless fucks to squash any so called looters. Thats what the fuck will happen whether you want to believe it or not. People here assume there will be no pecking order, as if all will be 1 meal away from death. No freaking way man. Class wars arent a new concept.
Anonymous Coward
User ID: 1506673
United States
08/17/2011 10:52 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
EDIT: Video does not preach $20,000 gold, it helps explain the mess of the global economy

Thanks to the warm hearted people here at GLP I have a few good karma points that allow me to pin news items I think are important for us all. Anyone who owns (or wants to own) Gold and Silver this is a must watch.

In this 90 minute video by Mike Maloney lays down his 'most likely' scenario for the global economy over the next deacde...short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, 'Wealth Cycles', gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today's bull market and that of the 1970s, The Debt Collapse, and more.




Link: [link to www.youtube.com]

I honestly think now is a good time to get back into PMs, exciting times are ahead and with it great potential. Physical Gold and Silver = money.
 Quoting: DOOMED!


. . . if gold becomes $20,000.00 an ounce whould that make a loaf of bread about $1,000.00 a loaf? Or what exactly? How does that work ?
DOOMED!  (OP)

User ID: 1503176
Australia
08/17/2011 10:58 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
If you watch the video he's not pushing the idea of $20k gold, I wish people would watch the video before blindly rating a thread.
 Quoting: DOOMED!


Don't have 1 1/2 hours to waste watching it.
 Quoting: Anonymous Coward 1365423


Then fuck off and get off the thread.
 Quoting: Punk-A$$ets


It really is sad that some people refuse to help themselves isn't it?
To say this video is a waste of 90 minutes is bordering on insane, i'm never one to insult but you should really give it a go before judging it as a waste of time. It isn't, I would never pin something that was useless.

There is going to be a huge wealth transfer in the next 10 years, invest in real money and you're assured a better future. Continue to listen to your Government and I hope you have plans to leave the US.
DOOMED!  (OP)

User ID: 1503176
Australia
08/17/2011 10:59 PM
Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
EDIT: Video does not preach $20,000 gold, it helps explain the mess of the global economy

Thanks to the warm hearted people here at GLP I have a few good karma points that allow me to pin news items I think are important for us all. Anyone who owns (or wants to own) Gold and Silver this is a must watch.

In this 90 minute video by Mike Maloney lays down his 'most likely' scenario for the global economy over the next deacde...short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, 'Wealth Cycles', gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today's bull market and that of the 1970s, The Debt Collapse, and more.




Link: [link to www.youtube.com]

I honestly think now is a good time to get back into PMs, exciting times are ahead and with it great potential. Physical Gold and Silver = money.
 Quoting: DOOMED!


. . . if gold becomes $20,000.00 an ounce whould that make a loaf of bread about $1,000.00 a loaf? Or what exactly? How does that work ?
 Quoting: Anonymous Coward 1506673


Hardly, where did you get that figure from? all will make sense if you watch the video :)
AxX

User ID: 1459030
United States
08/17/2011 11:44 PM

Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
. . . if gold becomes $20,000.00 an ounce whould that make a loaf of bread about $1,000.00 a loaf? Or what exactly? How does that work ?
 Quoting: Anonymous Coward 1506673


Today
Gold: 1789.00
Bread: 5.00

Assuming dollar-for-dollar percentage increase

Future
Gold: 20,000 (~1018% increase)
Bread: 55.92 (~1018% increase)

So no, bread won't be $1,000.00 a loaf.

On the bright side
Your current salary (if employed): $30,000
After 20k Gold: $335,600.

You'll be able to buy bread.

(Please note humor in that you can make numbers "seem" to do whatever you like... Once you dig into facts, you find it's all up to interpretation.)
Energy flows where focus goes.

[25/77/21]

Rev 3:9 <-- Wonder who these guys are?

“The future’s uncertain and The End is always near!” - Jim Morrison, 1970
2012Portal
2012Portal - Mayan Beyond 2012

User ID: 519048
Netherlands
08/18/2011 01:53 AM

Report Abusive Post
Report Copyright Violation
Re: Debt Collapse - The Case For $20,000 Gold - Mike Maloney
If you watch the video he's not pushing the idea of $20k gold, I wish people would watch the video before blindly rating a thread.
 Quoting: DOOMED!


Pushing it, no. But he sees gold at $7,000, maybe $10,000 could even go to $20,000 an once, yes.

What he does try to sell you is his service, which warns you when to get out of your gold holdings. In other words, he makes a case for sky-rocketing gold, but sets the ceiling extremely high, so that all of those with gold will want to sign-up for his service and buy his books to make sure they exit at the right time.

That was my take and yes, I watched the entire gig. Very informative stats and charts, for sure.
From the love of power to the power of Love - My camera and video gear:
[link to graphicstart.com]
--- --- ---
"Jesus Christ, the Son of God our Savior"





GLP