Gold Silver (w/ Mike Maloney), Released on 3/10/20
Maloney has always said, silver is gold on steroids…Silver can move 5% or more in a single day. Unfortunately, it cuts both ways. The silver price has been falling. Watching it reminds me of that commercial, “Help, I’ve fallen and I can’t get up.” But silver is not a weak and elderly grandmother. It’s one of mankind’s oldest forms of money… it’s a core industrial element with widespread use in our society… and it is a long-standing monetary asset, a fact that will resurface when monetary issues take center stage. And our readership is well aware of the fact that silver is a tiny market, so it doesn’t take much cash coming in—or going out—to impact its price. So what gives? Why isn’t silver rising at time when investors expect it to? Let’s dig a little deeper to find the answer and what we might expect ahead…
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.