Mike Maloney: Decoding the Banking Sector Plunge – ‘I’ve Been Warning About This For a Year, Well Here It Is’

Gold Silver (w/ Mike Maloney), Released on 2/13/24

In an essential discussion, Mike and Alan dissect the troubling developments within the banking industry, honing in on New York Community Bank’s drastic stock price fall and the controversies swirling around it. Mike clarifies his seemingly late reaction to the crisis, revealing he has been sounding the alarm about a looming financial catastrophe for over a year, albeit without pointing fingers directly at New York Community Bank. The duo draws parallels with historical financial upheavals, notably the 2008 crisis and the nationalization of Fannie Mae and Freddie Mac, to underline the potential global fallout. They showcase a chart linking GDP growth with federal debt, highlighting a disturbing trend that began in 2008. Their analysis is a call to action for viewers to keep abreast of the evolving economic landscape through a specially curated URL featuring tweets, articles, and videos. This discussion is a must-watch for anyone concerned about the future of the banking sector and the broader economy. Dedicated URL for Updates: https://goldsilver.com/blog/markets-o…

Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world’s most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad’s Advisors: Guide to Investing In Gold and Silver. In addition, Mr. Maloney has been a precious metals investor advisor to “Rich Dad” founder Robert Kiyosaki. A student of economics, Mike is regarded as an expert on economic cycles and capitalizing on the opportunities they afford.

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