Will You Be Able To Get Cash From Banks In A Crisis? Mike Maloney
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook If there’s a crisis will you be able to get any cash out of the bank? Will the banks even have any cash? Because, as of last March, it is no longer a requirement - the banks aren’t required to have a single dollar bill. Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
Written and presented by Dominic Frisby
Edited by Danny Ward
Please help me make more videos: https://patreon.com/dominicfrisby?utm...
Music:
Village Consort by Always Music
Storm by Ansia Orchestra
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook To show why deflation comes first and why hyperinflation then becomes a distinct possibility, Mike compares US tax receipts to the Wilshire 5000 Index. What is immediately apparent is the high correlation between them—until recently. It takes two consecutive quarters of falling economic activity to officially declare a recession, but it’s clear we’ve entered one now. This is the deflation.
As Mike explains, the reason high or hyperinflation is in the cards is because the falling tax revenue causes the deficit to explode. And how does a government typically cover its deficits in that scenario? They run the printing press! (Or more accurately, enter digits into a computer). This has occurred many times before in history.
One effect of all this fallout could be bank bailouts, bail-ins, or even a bank holiday. Hear how much cash Mike keeps handy in case those events come to pass.
Enjoy Mike reading from his book, a portion that predicted five years ago what it happening now, how it portends what is ahead, and why he believes a wealth transfer is coming. Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook With precious metals getting more coverage in financial news, it’s only a matter of time until attention is drawn to the gold and silver mining stocks. Will they outperform the metals themselves? What are the pitfalls? How do you invest in these? All answered in today’s update. Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Gold is crushing fiat currencies all over the world, in fact there is only one major currency in which gold is not trading at all-time highs. Find out how long this situation may last in today’s video. Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Mike was recently alerted to an excellent website by a friend: wtfhappenedin1971.com It is a simple site, that presents chart after chart showing the impact of a decision made by the Nixon administration in 1971. It was a decision that is probably the biggest event in the history of the United States - yet it is never mentioned in schools, history books, or economic forums. So, WTF happened in 1971? Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook “What’s coming will be the weirdest, most twisted thing you’ve ever seen, something that will be very hard to predict—so the more educated you are on history the better chance you have at surviving it.”
This sobering quote from Mike Maloney highlights why he devotes his new video to the Great Depression… because it can offer valuable insights into what could be ahead for us today.
When Mike wrote his bestselling book Guide to Investing in Gold & Silver, he studied many sources about the Great Depression, but he relied mostly on three books to get a broad view of what happened. Mike will share those books with you… but as he says, he ended up doing so much research that two-thirds of what he’d written about the Great Depression had to be cut!
Sit back and enjoy Mike reading some excerpts of what was cut from his book, along with some photos and other quotes from that painful era. Listen to how they sound oh-so-familiar to what is happening today.
The future may be unknown, but the more you study history the more you can be prepared for whatever may come. Tune in to watch Mike talk about the lessons he learned from studying one of the most painful economic periods in US history.
Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.
Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Will our future be one of freedom and increased prosperity, or are we headed towards something more dystopian? That’s the question Mike Maloney addresses in his latest analysis of world events. Thanks for sharing and clicking that 'Like' button. For those wondering why our videos don't appear in their subscription feed immediately - we release our clips to our free weekly email readers first, then later we publish to YouTube. Sometimes it's just hours, sometimes it's a couple of days later. This is to encourage people to join our free newsletter - because one day, we may not have YouTube to rely on. Join our free newsletter list by going to https://goldsilver.com/ and entering your email address in the 'Get Market Alerts' box at the bottom of the page. As always, thank you for your support. M.