In today’s video, let’s hear how Mike Maloney sees the economic emergency playing out:
“Every time they have tried to contract the currency supply, raise interest rates…do Quantitative Tightening, the markets have thrown some sort of fit. Whether it’s the bond market, or bank liquidity drying up…every time they try weaning the markets off of this artificial life support there’s some kind of tantrum that happens. The next one is going to be some kind of big crash and that is finally when the Fed will pivot. They aren’t anticipatory, they are reactionary. They will pivot, and they’ll start increasing the currency supply and lowering interest rates once they have caused the economy to break.
In 2000, we had the crash of the tech sector and all the dotcoms, the NASDAQ went down eighty-something percent…then in 2007 it was the stock market and Real Estate. Well, this time it’s stocks, Real Estate and Bonds that are all in crisis – it’s the Almost Everything Bubble and the reason why I say Almost Everything is because gold and silver are not in bubbles…yet!” – Mike Maloney
About Mike Maloney
Mike Maloney is host of the smash hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author of the best-selling precious metals book, Guide to Investing in Gold and Silver, and founder of GoldSilver.com – a global leader in precious metals investments. For more than a decade, Mike’s traveled the world sharing his economic insights with audiences from Hong Kong to Rome and from Silicon Valley to Wall Street. Get a free copy of his book:
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