GoldSilver.com’s Mike Maloney Predicts U.S. Currency Crisis ‘Before The End Of This Decade’

One “crash prophet” who I check in on from time to time is Mike Maloney, a precious metals expert, advisor, and author who runs California-based GoldSilver.com (specializing in the instruction of precious metals investing and providing world-class gold/silver dealer services). This afternoon I watched two videos in which he was featured, and thought I should share his observations with Survival And Prosperity readers.

First off, in a video just uploaded onto his YouTube channel Tuesday, Mike Maloney informed viewers:

I’m making this video because I’ve noticed a major shift in the markets lately. Every trader, every investor, everybody in the world is looking at this. This is the Wilshire 5000 but the S&P or the Dow- they all look the same. There’s these major topping patterns, and we’ve put in a third, what looks like to everybody, a major topping pattern. And what we’re seeing is more, very, very large customers- people that are cashing out of the stock markets and going into gold and silver…

Here at GoldSilver, what we’re seeing is a shift from a whole lot of smaller purchases to some very, very big purchases coming in. It’s highly unusual. And what I get out of it is that people are scared. So I just wanted to update everybody on the markets, to me, look like they are topping out…


“Markets Topping Out, Large Investors Run To Gold – Mike Maloney”
YouTube Video

In the second video, Mike Maloney focuses on the “big picture.” Speaking to investment newsletter publisher Jay Taylor on his web-based radio show Turning Hard Times into Good Times, Maloney said in a video uploaded on YouTube on January 20:

I believe we’re going to have a currency crisis before the end of this decade. But everyone is going to feel it. And only precious metals investors are going to benefit from it…

Taylor asked Maloney:

I recall a discussion you and I and my friend Ian Gordon had up there in Vancouver two or three years ago in which you were almost in complete agreement with Ian’s views that we were heading into a deflationary implosion the likes of which probably would make the 1930s look like child’s play. Are you still of that view? And if so, isn’t the dollar then a store of value if we’re in a deflationary environment?

Maloney responded:

Yes it will be temporarily. It’s going to be the beneficiary. This will probably start out of China or Europe and there will be this temporary flight to what people have been taught is this safe haven- which is U.S. Treasury bonds. And that will make the dollar the beneficiary of this temporary event. But we are in for a global deflationary episode. And so the dollar will rise temporarily… And so you’re going to see one last pop in the dollar probably, but then you’re going to see gold take off like a rocket

Maloney envisions this deflationary event turning into a hyperinflationary episode. He finished the interview with the following:

I think the markets have topped right now. And we are in the space where over the next few years we’re going to see a really big crash…

What you’re going to probably see is a short-term dip in precious metals and you have to use- to me, I’m using this to buy. I think gold under $2,000 is just a bargain-and-a-half. So if you can buy down near $1,000, or if it does dip under $1,000- I don’t think you’re going to be able to get a whole lot of physical for under $1,000 but the stocks will be a bargain. This is the time right now. Before gold starts to spike is when you want to buy, not after. Then, it’s going to take off like a rocket one of these days and never look back…


“Michael Maloney-The Greatest Crisis in the History of Mankind is here!”
YouTube Video

“Pop in the dollar.” “Short-term dip in precious metals.” Sound familiar?

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

Maloney’s recently-revised (September 2015) gold and silver investing book…

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