Robert Kiyosaki “Rich Dad” Advisor Michael Maloney has many years’ experience in understanding how the economies of the world have historically flocked to silver & gold in times of great economic uncertainty, and the current global meltdown is unarguably the most uncertain economic cycle humanity has ever been in, for the simple reason that, as never before, we are so interdependently connect, through technology (read: the internet).
So when Mike Maloney starts offering to throw silver around just because he wants to drive traffic to his website you know that times are getting pretty rough. Or about to.
The next massive shift, according to Robert Kiyosaki (and he’s been right so far), is in 2012, when lots of US-based new retirees cash-in on their non-existent 401k’s subsequent to some major government policy change. I can’t remember the exact details, but just Googling "Robert Kiyosaki 2012" might return some interesting results 🙂
Anyway, I’d like some of Mike’s silver – it would prove useful to some charities I’m wanting to expand my support to, so I’ll be pumping out Mike’s videos over the next few weeks.
And if you really want to know what’s happening with the economies of the world right now, you should listen to this former Wall St investor who knows what’s happening on the inside: Visit The Wealth Transfer Conspiracy website for more details. (Full disclosure: That’s an affiliate link by the way, so I will get renumeration of you buy anything from there – the 20 minute video he talks about is free, however, and is an eye-opener).
Mike Maloney’s visit to the Annual International Banking Forum proved to be a real eye-opener.
His informal meeting with Moscow-based gold dealer Ivan Zhiznevskiy shows thst something is a-miss with one of the Russian mints that produce gold coins.
The video above shows the presence of flaws and blemishes on the surface of several gold coins produced by the St Petersburg mint, and even more striking is the bank’s response (where the dealer bought the coins):
"You must keep the coins in a protective atmosphere, otherwise they will corrode".
Now, since when did gold start to corrode?
And more than that, since when did gold coins start to change colour.
Unless of course, they’re not pure gold.
But that sort of thing only happens in times of great economic stress, so, no problem, right?
Obviously you get my point.
Whilst other banks might not be so blatant about the fraud that is endemic in the world economies, you will no doubt be aware that we are living in a time of unprecedented wealth transfer.
It’s time to get educated and act: before long, the average middle-income earner will no longer exist. Pure gold or not pure gold.
source: Live Gold Price (6 November 2009)
Mike Maloney has some great videos on his site educating any potential investor about gold, and its increased demand as a surrogate currency in times of economic instability. As well as being an investor himself, Mike has taken it upon himself to study the history of gold price fluctuations, and he is quick to point out that, for over 3,000 years, any time an empire’s stability was in some way under threat, people would use gold as an unaffected investment.
If you look at the graph above, I’ve highlighted the fact that the upward trend in the data from July of 2009 until November 2009 shows increasingly large upward oscillations, as if the price is gathering significant momentum. Mike believes the price of gold has a long way to go before it plateau’s out at a new all-time high. If he’s correct, then it’s time to sell shares and swap them for gold.
I’ve been following the price of gold over the last couple of months, and notice that it seems pretty much impervious to the chaotic, unstable world of stocks and shares.
So maybe it’s time to think about changing the way we invest? What do you think?