This guy has changed the way I see money and the US economy. Inflation is the byproduct of debt, prices will always go up. Buy Gold

This show is getting better and better all the time. This is the guy that got me into silver and gold 10 years ago. It’s good to have guest with with tons of knowledge.

I recall in 1995 when I bought my house - I remember looking at the loan to income ratio - and it was 3...I didn't know what that meant at the time but I guess it was the healthy time given what we're seeing today. I was always aware of debt load vs. income and tried to keep it low low low - not sure how younger people do it now. I'm sad for them - I think the best chance for my own kids is to hold onto my house and pass it down to them...but that's still a ways away. I can say one thing - having a paid off house is the greatest feeling you can have, especially in this environment...don't listen to those who say holding the mortgage since it's at a low rate - so long as there is a mortgage - the bank can take your home...it's bad enough to have property taxes and that being a threat.

Mike has a great video series "Hidden secrets of Money" on youtube. Life changing stuff!

I will try to answer Michael Ross' question that was posed. In 1992 the US Congress passed the North American Free Trade Agreement. In the fall that it was voted on (1992) US Senator Orrin Hatch and his DC Office stated before a businessmen's meeting on the University of Utah that the Senator would vote FOR NAFTA even though they knew that 78% of the voters were against it. It was also stated that 89% of the US milling industry would be destroyed but the 'good' Senator was okay with that. Orrin's lead counsel from his office also stated that Orrin's office had received a jointly signed letter from two Utah high tech corporations that promised that if NAFTA was passed that they would be hiring 1200 new workers. January 1, 1993 when NAFTA went into effect and within several weeks one of those companies began its first lay offs it had ever had in its 14 year history having gone from basically 3 employees at its start to 11,000. The other company a few month later also began lay office. Eventually the first company fired all of its employees in Utah and at it other locations internationally until at last that company had zero employees at its massive Utah business campus that once employed 11000 professionals. It was during this time that scores of US companies moved to China for 'trade'. Maloney stated he is a libertarian and does not believe in borders -- well let's see what happened to US industry when US companies moved to China. China required these companies to share their trade secrets with communist China -- or they couldn't set up plants in China. Stupid US companies that that was a good deal. They then set up operations in China under the guise that cheap labor would reduce labor costs and products imported back to the USA. Instead the companies got cheap labor and kept the prices up. Who remembers the horror stories of FOXX COM in China that had basically enslaved its employees who lived and work at this multi-story structure? It was so horrible that they had employees leaping to their deaths so the company had to put up suicide prevention netting on its exterior. Remember when Wal-Mart had ads promoting that it bought American products FIRST? It was an American company and then it shifted and it brought its products from among other nations that use child labor -- China. And the quality of the goods sold went down and so did the loss of US jobs. (Oh snap! That's what the 'good' US Senator Hatch said would happen -- NAFTA would DESTROY US milling. Uh...imagine that) I recall a documentary where closed US milling plants were selling off their machines from their milling plants that were now shuttered. They were selling these now useless machines to Chinese companies that bought these machines for pennies on the dollar and re-assembled them in China. Yep! used these American machine to manufacture milled goods that were sent back to America and insane prices. And then we had the companies that went to Mexico --- auto manufacturing. Did you notice the cars being sold in the US at cheaper prices? No??? Well because they got cheap labor but the prices of vehicles sold to Americans kept increasing. And who remembers the tainted imported products from China? pet food, children's toys (lead), dry wall......

Wow this guy is like the master Yoda of currency. I’ll be sure to purchase the books.

Good interview I like this smart author and monetary expert. I have heard all of this before but I never tire of hearing it and I believe it more listening to smart people

Mikes hidden money series probably changed my life. We'll soon find out.

Very insightful, thank you.

Six Gs... Ground Gasoline Guns Grub Gold AND A GAL.....👩‍🌾👩‍🌾👩‍🌾 Preferable from a farm...

Thank you for your hard work, and good information

Great interview! Thank you.

Thank y’all guys for taking the time to inform and explain the truth to us, it is extremely helpful.

Great content. Amazing interview

We in india using gold as asset from last 10000 years...recorded history ...we read about it commonly...😊

Great interview thanks so much

Very good guest tonight showing a different perspective.

great content. Thank you

Such an informative channel. Thank you.

What was the brand of speaker, amp, and pre amps? Were these available nationwide? I used to sell higher end audio back in the day.

Informative !!

Is it possible to get access to those slides?

Thanks!

Why you guys are not in Odyssey or Rumble?

Great conversation! I would love to hear Mike discuss Executive Order 6102 when Roosevelt basically made gold illegal. Government always controls currency/money. It doesn’t matter what it’s made out of. Precious metals could easily be outlawed again today during another crisis rendering it temporarily useless in America.

Well homes in the Bay area went up much faster. I put down $15K to buy my house in 1983 for 103k back then sold it in 2022 for 1,225,000 SO much bigger profit in California. I don't think it will happen again. I am now a renter with gold and silver.

If you could find a seller that was a stacker, they could drop the price and you could pass the metal under the table to them. Also, if you bought VA you could kick back some or all of the closing costs to them.

Real Estate is a productive asset, so it makes sense that it would decouple from Gold.

Im really happy I can increase playback speed

Dude he is literally living the dream i have absolutely always wanted. The 5g's. Ive never heard of that but not I have a perfect way to explain my goals. I love that.

AWSOME INTERVIEW WITH MIKE MALONEY -- FROM KD7CWB 👀

#Gold & #Silver to the 🌕 baby Sound Money > Fiat currency shout out to the 🐐 Mike Maloney

RE:housing priced in gold. I mapped this out using data going back to 1962 against US average home price. US Home price in terms of gold ranges between an all time low of about 123 in 1980 to a high of 763 in 2001. Average looks like about 350 over all and current as of 2021 when I did the chart was 211 which means that either housing prices were below average in terms of gold or gold was about twice the price it should have been.

Watching this makes me really glad I have some silver in possession. I am hoping to eventually replace some of it with platinum and then gold.

Since your are branching out your channel to top talent like DDB, Schiff, Maloney, you might also be interested in adding David Stockman, who can also bring it!

Great podcast but irritating background noise: water running? Quite distracting. Nonetheless, always love to hear from Mike Maloney.

Excellent as always! Real Estate has become a betting tool for wall street when it should be a safety haven for the common citizen! If you ever want to talk about about how the banks used me to review Appraisals, which ultimately they phased out because they are actually MAKING the value trends now, I would be open to an interview 😊❤

Good talk, but I am not convinced by that gold vs. stock market performance chart. Gold might have done well over the past 20 years, that is true, but what about the previous 20 years? Gold has been "destroyed" , didn't it lose close to 75% over 22 years between the 1980 and 2002, and much more when adjusted for inflation during that time? Who is to say that gold will keep going up from here? what if it plummets again over the next 20 years like it did in the 80s-90s?

if the norm is 4 to 1 and we’re at 7/8 to 1 - what do you think is going to happen to housing?…..its going down man and wayyyyy down. It may take atleast 10 years before you can buy another property that is “at” value. Seriously.

I used to live in Puerto Rico....if the grid goes down, the Puerto Ricans are gonna steal all his Tesla Power stuff and his gold....trust me....

Life comes at you fast, from bank collapses to rising conflicts and the looming 2024 recession. Ditched cash for gold and crypto; my portfolio's thriving.

I disagree with the loan amortization spoken here. The interest on a simple interest loan is interest on the remaining balance. This means that for example if you have paid 15 years of a 30 year loan then refinance and start a new 15 year loan. You would be paying the same ratio of interest and loan balance or less interest assuming the interest rate is why you refinanced..

Ben B was a goof. The fed could have dropped $10K tax free into every bank account held by a home buyer and it never would have helped any homeowners one bit. Lowering property taxes, state income taxes and federal income taxes would have been the best solution. Over time the money will flow into both the state and federal treasury from people voluntarily spending the country out of any financial disaster. You can never get Democrats to accept tax reductions as a solution because it exposes their dishonest ideas about social spending and takes their power of the purse away.

Buy a rental house and then buy gold Miami Cuban link chains with the rent money

Forget Gold, buy Silver and buy a house if you need a house, but raw land, farm land is a better buy. You need a place to grow food. Period. Rental income can get screwed up like was seen during the lockdowns. An acre with 6 goats or sheep on it can provide you with meat, hides and wool. I have tanned my own goatskin to make a drum (damn smelly business) and curried goat is delicious.

There is evident manipulation within the commodity market, particularly involving the London Metal Exchange, to influence the price of gold and other precious metals. This manipulation occurs due to the status of the US dollar as the reserve currency, resulting in fluctuations in the value of precious metals.

Only slightly over a century ago in my home state of Utah (Salt Lake City), our currency was backed by cattle. How come nobody talks about going back to the cattle standard?

I sold all real estate off between 2016-2018 (admittedly too early) and now irresponsibly long physical gold and silver. My timing may not have been great, as I missed the covid stimulus inflationary explosion in RE....but I'm positive I'll have the last laugh soon.

trick question, its neither, put your money is a good solid business that will do well in a recession

C’est La Vie!

You the man, Todd! Thanks for the insights.

Sachs im here to hear Mike

Wow only 2 hours? Cant this video be any longer?

thanks Mike Baloney for what ever it was you said 🤪😜😛 its really windy out side all night too

Mike is wicked smart

Back in 1982, all dealers wouldn't buy back gold. They would say we wont touch a loseing value item. Then again, were is all this gold all these dealers today coming from. Then again with so much in peoples hands, when its sell time the price well crash so hard. Its risky risky

buy gold, not for the beauty but for what it can do.

Most peoples problem is thinking these people (Fed. Chairman etc.) are super smart (your wording not mine) theae people are barely adequate

both

Gold.

The government is for the people.. we own everything..

Should I buy gold or a house? Assuming I already have a house to live in, probably gold.

Teach the goats ! Good one Thank you ! Gold silver physical ! Or go home !

I was shopping at Costco today and we when for coffee cream, we can save one dollar per unit, but some hoe we spent just under 300 bucks on stuff we use and probably stuff we didn’t really need many 50 bucks Canada dollar, My point is i just retired and I was making 50buck per hour and afterward Trudeau done robbing me maybe I take home 30 bucks for my wallet but probably not that much, back to my point in 2000 is was taking home 20 dollars or so , and I did buy gold very close too 230 Canadian dollars, so we were in Costco shopping today maybe 5_10 minutes, 20 minutes in line and hotdog on the way out, so we spent 300 bucks I’m saying, Just say 1 oz of gold would cover it , My point is I’m have gold so I know I can get food with my gold, but I’m not sure how much food i can get with money or when my pension cut comes,, So I’m saying gold if also a good feeling

What is a Realtor going to say?

wow never knew mike made speakers thats interesting.

Silver seems like the best investment for most people at this time. I've seen clients doing this and liquidating investments properties.

GEEZ!... He didn't even say " Pants on Fire."

It not in the interest of the Government to teach young people about money 😮

Who works on your electric cars when your off the grid?

My house in the Seattle area with our economic collapse brought on by Bidenomics has dropped 400k plus my neighbors with price drops still unable to sell nobody buying with our recession, and relatively high interest rates which would leave a buyer with huge mortgage payments. My gold has gone up a little and silver is up and down a little although my instinct is it will eventually explode but who knows when?. I wish that I sold 2 years ago but was sicker at the time with leukemia which makes selling ones home difficult.

The bubble has been going on so long, the frustration is off the charts. I hate this never ending housing bubble which benefits Boomers and severely harms the youth

PEACE!

Buy gold until you have enough to buy a home.

I own my home with no debt but can see a crash coming, would it be wise to sell house, rent my home and put the capital into gold?

if you're out of luck at the atm then you're also out of luck in the stock market!! I retired from a union and it was hell trying to get some money out of my IRA. Me and my wife had to go to a notary republic to get their ok and then the union hall has to ok it. It's my money....why should I have to ask anyone for it. That IRA shit is worst than an atm!! If I invest in Gold in a stock market I no longer have control of my money PERIOD!!

Gold in chart not good with S&P 500 is higher than gold

Where does a person sell 1oz gold bars for its current worth and not what collectors or "gold buyer" will give you for it? I find you pay a dividend to buy and something to sell it, even back to bank you bought it from. Eg TD precious metals

Buy a house made of gold!

Anyone invested in junior miners? Looking for some smaller cap names for big upside.

What would happen to gold prices if gold was outlawed over night

Real-estate is like anything investment,the longer you hold on to it the more it generally will be worth.Residental pays dividends if you continually keep it rented.

Mike dodged my question, giving a political answer instead of a financial one. Guess I must be right over the target.

Why is the audio so bad?😕

You're heading into an election year! History repeats itself!😅

So many cracks it appears they are out of plaster.

Buy gold till you can buy the house. Then when you buy the house buy more gold.

are we surviving the housing crash year on year?

BoardGame: MONOPOLY!

HE'S SURE WRONG ABOUT ELECTRIFICATION. co2 is life on the planet and has nothing to do with the climate.

You should allow your guests to speak instead of talking over them

Im totally wirh this got being a libertarian. What a beautiful idea of a world. However im not optimistic about that ever happening worldwide.

If they make it 100 times. its not a mistake. its a habit in the best case scenario.

Buy land and start growing food and livestock to sustain your survivability.

The self preservation society

Started whacking at Au $800 because of mike , Ive become my own central bank .

Mike inspired me to buy insurance years ago. Glad he did

This guy had me until he told me how important EVs are. Only in a total apocalypse and you're off the grid all solared up like him. What percentage of population is that?

When the dollar resets ,so will the house prices.😢

Greed has taken over. Real estate has been driven up by Real estate agents greed.