"$300 Silver Is ENTIRELY POSSIBLE" | Mike Maloney
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- The speaker believes silver could reach triple or even quadruple digits, but a 10-bagger to $300 is more likely.
- Many financial advisors recommend no gold, which worries the speakers.
- Viewers are encouraged to learn about gold and consider firing advisors who dismiss it.
- Gold’s value is expected to rise because few people own significant amounts of it.
- In 1980, almost no one recommended gold, but that’s changing now.
- Advisors tend to sell products for commissions, often at the wrong time for clients.
- The speakers trust viewers to make informed decisions and avoid hype.
- A recent book by Mike Maloney received mixed reviews, but most were positive.
- Some negative reviews came from misunderstandings or high shipping costs.
- The speakers remind viewers they offer free silver at golds.com.
- The gold-silver ratio is high, leading some to prefer silver over gold.
- Long-term silver stackers are asked if they should diversify into gold.
- Following the crowd can be risky; sticking to your plan is better.
- Historically, gold outperformed mining stocks by eight times.
- The current ratio of 100 to 1 suggests silver could surge to triple digits.
- The speakers believe silver could reach $300, possibly more, with enough demand.
- Concerns about confiscation are discussed, but the speakers think it’s unlikely now.
- If hyperinflation occurs, gold prices could skyrocket, and then you should sell.
- Gold was previously bought at $20.67 and later revalued after the gold standard ended.
- Today, gold is freely traded, and nationalization is unlikely unless hyperinflation hits.
- Confiscation is often a scare tactic used by sellers of numismatic coins for higher profits.
- Numismatic coins have premiums and are less practical for long-term wealth.
- The speakers advise viewers to stay focused on real assets like bullion and real estate.
- Thanks are given to viewers for their questions and comments.