Sunday, March 30, 2014

Gold Revaluation and the Death of Money

Jim Rickards has been featured in 4 out of the 5 episodes that we have released so far in the 'Hidden Secrets Of Money' series - and for good reason. Jim is one of the most articulate thinkers and teachers in the world when it comes to explaining what is really happening in the world of economics today, especially when it comes to gold and silver.

Jim's first book 'Currency Wars' was a bestseller and is highly recommended reading for anyone who wants to get an understanding of economics from 'the inside'. As you'll learn in this video, James G Rickards has a massive amount of experience in both the private and public sectors. Watch the video to learn why he thinks that we shouldn't be surprised that at some point gold is quickly valued at $5000 per ounce...

- Source The Hidden Secrets of Money:

Thursday, March 27, 2014

China Buying World's Gold

Join Mike Maloney and his staff at the Santa Monica office of for his latest briefing on the gold and silver markets. This short preview focuses on developments in China, Insiders can now log into their accounts to watch the entire 31 minute update.

- Source, The Hidden Secrets of Money:

Friday, March 21, 2014

The Gold and Silver Bull Market Has a Long Way to Go

"This gold and silver bull market has a long way to go, but it won't last forever. How will you know when to sell? Is it at $ 5,000 - 10,000 - 20,000?

We are going to be letting our qualifying Insiders know what we are doing when it comes time to exit this asset class and move in to the next one.

We believe that this could help you multiply your gains by getting out when the time is right."

- Source Mike Maloney, GoldSilver Insider Program

Wednesday, March 19, 2014

Phase Three of a Bull Market - The Euphoria Phase

Finally, it feels good. Most of the experts that were decidedly bearish during Phase 2 have now changed their minds and are spouting the virtues of this investment class. As the media gets on board with this new idea and starts to believe in it themselves they tend to interview the few remaining "kill-joy" analysts that still think this investment is a bad idea less and less often giving the public an even more biased view that this investment is "it". Finally after all these years of searching- mankind has found the perfect investment vehicle. This is now the "must have" investment and how people get rich.

The public invests in this vehicle en masse bidding up the prices higher and higher accelerating the gains making the investment that much more exciting for everyone else that has not fully invested yet. However, when the majority of investors have joined the party then a problem starts to occur. There aren't enough new investors bidding up the price of this asset to keep the price rising as quickly-so it starts to slow down. Sometimes bull markets end with a bang sometimes they carve a long arc on the chart as they top out and start to head down. This is where the "Bear slides down the slope of hope". Keep in mind that in phase 3 most everyone is completely convinced that this investment is almost infallible. Even as the market starts down people are sure that it is just a temporary setback and stay invested, often times adding to their positions. An example of this mentality is at the end of the Dot-com bubble in March of 2000. Both individual investors and also the large investment houses were so convinced that we had indeed entered a "new paradigm" that they just could not admit to themselves that the party was over. They kept "hoping" it would come back. Many of them rode the market down, wiping out much of their wealth.

- Source, Mike Maloney's

Monday, March 17, 2014

Phase Two of a Bull Market - The Wall Worry Phase

This middle stage is where the general public becomes aware that this new market is moving higher. It is also typically the longest of the three phases. The financial and stock reporters on TV start to cover this new sector and interview the experts. To make it "fair" they find someone from each of the bull and bear camps. Each expert has a compelling argument as to why the other "expert" is wrong and why the price of this new market should go in the direction that they think it should. The investing public usually finds it difficult to take action at this point because there is so much uncertainty. They have just recently become aware that this market is moving higher, but in the back of their minds they keep remembering that not too long ago this market was going down year after year and they keep thinking of the "arguments" as to why investing in this market is risky. Examples of this phase include the stock markets in the mid-to-early 1980's and mid-to-early 1990's. Most of the public was aware that the stock market was making gains but were slow to aggressively invest in it because the pain of the past bear markets were still fresh in their minds.

The term "wall of worry" refers to the saying that "A bull market has to climb a wall of worry but a bear market slides down the slope of hope". This is an important concept to understand. We will discuss the bull market side of this saying first and then discuss the bear market side later in this article. As a bull market is advancing it doesn't feel good to the investors during this phase. The naysayers are everywhere publicly explaining away the recent advances in this market and explaining why this investment class will soon drop away. An investor that chooses to invest anyway has to decide for themselves that this is where they want to be, invest, and hang-on. Only after several years of consistent gains do the naysayers start to lighten up on their negativity and allow the participants to start feeling good about the investment they have made. When the media combines this new upbeat attitude with a chart of the gains that have happened so far then the mood shifts for the better and we enter the next stage.

- Source, Mike Maloney's

Saturday, March 15, 2014

Phase One of a Bull Market - The Denial Phase

The first stage of a bull market begins just as its last bear market is ending. In fact after a true multi-year bone-jarring bear market very few people are even interested in or even watching for a bottom. As an example consider the stock market in the early 1980's, for the more than 16 years this market had gone nowhere. In 1966 the Dow Jones industrial Average hit 1,000 and in late 1982 the Dow was again at 1,000. It had zigged and zagged for these 16 years but ended up roughly where it started. For the "buy and hold" investor this period was a bust. Most had given up on this sector and were instead paying a lot of attention to the hot sectors of the day, bonds and precious metals.

Since asset classes trend up and down in long cycles with many smaller "counter-cycles" in them people who have been trying to "time the bottom" have been caught time and time again buying into the "counter-cycle" rallies. They were thinking that they had finally found the bottom of the market- only to have the bottom drop out of the market, once again, burning the investor. So, once a true bottom has formed many participants remain highly skeptical that it really is a true bottom and stay away from the market even as the market continues higher and higher.

- Source, Mike Maloney's

Thursday, March 13, 2014

A Warning For Americans - Is Money The Root Of All Evil?

Is money the root of all evil? In answer to that question, I had originally intended to set a world record for the 'World's Shortest Article' and simply write 'NO!', then add the video, and post it to the interweb. But that would be far too lazy, and this is far too important. Plus there's a great story behind this weeks post, so allow me to set the scene: Let's start by imagining you are in our main office...

Welcome to our weekly company meeting. Like most businesses, each week we have a scheduled time where staff from all departments meet and report on what they achieved during the past week, as well as what will be happening in the near future. For us, this happens every Friday afternoon. It's the only time during the week when the phones are predictably quieter, a handy result of being located on the West Coast and marching to the tune of an East Coast market close. It's nice to catch up with everybody, sometimes we have several laptops out with team members Skyping in from all corners of the globe. There will usually be a birthday or two to celebrate-- so it's also a fantastic excuse to eat some cake and chocolate dipped strawberries if that's your kind of thing. It certainly does the trick for me!

At these weekly meetings our CEO, Mike Maloney, usually reads something to the team. It could be a current news item, or something that he has been working on for his new book. But most often, it will be a short snippet of wisdom from something Mike has found to be inspirational (A book called 'The Traveller's Gift' makes regular appearances -- Mike insists that our HR people hand out a copy to each new employee). It's always fun, and Mike gets a buzz from it because just 15 years ago, he would not have been capable of reading anything to any audience. If you've seen Episode 3 of Hidden Secrets Of Money you'll already know that Mike is dyslexic, but has managed to pretty much overcome the hurdle thanks to modern technology. He still practices what he is going to read a few times beforehand to become familiar with the piece, but there's no need to. He now reads better than most folks. Folks where I'm from, anyway!

Recently, Mike mentioned to me that he was going to read a section from his favorite book of all time - Ayn Rand's 'Atlas Shrugged'. Whoa. This was obviously not going to be a normal company meeting. Having just started to scrape the surface of explaining the dangers of socialism in Episode 5 of Hidden Secrets Of Money, it was obvious that this reading would make for an excellent video. It's also very timely when you consider the current events in Crimea, where Ayn Rand lived as a young girl. Yet another example of history echoing through the ages.

So, as that guy said in 'American Pie', God bless the internet. Here it is for you to watch at your leisure, grab yourself a chair and get comfy. There are so many great quotes from Ayn Rand in here that it can be a little overwhelming -- it really is a Tour De Force of logic and reason. Please watch it a couple of times, take it all in, and then here is a challenge for you: Pick your favorite lines, and add them to the comments below. Let's see which sections resonate the most.

I hope you enjoy being in our our company meeting. The vibe isn't usually this heavy, I promise. In fact, straight after Mike's reading we got stuck into the strawberries and sang Happy Birthday to him. More importantly, however, we closed out the meeting as we do every week by reading our mission together, out loud:

To enlighten the world that maximum prosperity can only be achieved through individual freedom, free markets, and sound money.

- Source, The Hidden Secrets of Money:

Monday, March 10, 2014

The Whole System Comes Crashing Down

"Once you are equipped with knowledge, you can recognize how the system plays you, and you can take control of your own financial future.

Playing their game is all fine and dandy - if you don't care to increase your financial intelligence or to invest wisely. But when the whole system comes crashing down, don't say I didn't warn you. After you've finished reading this book, if I've done my job correctly, you will never be able to look at our financial institutions the same way. Your context will be changed, and a new horizon as bright as the morning sun will be before you."

- Source, Mike Maloney, Guide to Investing in Gold & Silver

Tuesday, March 4, 2014

Silver Has More Potential Than Gold

Mike Maloney talks about the historical value of gold vs silver. Mike explains how silver is currently extremely undervalued compared to historical valuations.

Saturday, March 1, 2014

Alleged Gold & Silver Scams Abound

When you first set off to buy silver and gold products, there are many factors which will likely influence your decision making.

A product's price is most certainly one of the most important decision making factors. Gold and silver dealers know this, and therefore most dealers build their business models and advertising campaigns around low price offers.

Dealers understand that most people are trained to think that in a shopping comparison, lowest price wins.

This presumption should especially hold true when investors are comparing fungible or like-kind silver and gold bullion products from one dealer to the next.

Who doesn't want to save some fiat currency on a trade if they can?

Apparently there are hundreds of active silver and gold buyers who might prefer to actually receive the products they supposedly bought rather than simply saving a few bucks on their original purchase price.

Last week, The Orange County Register reported about hundreds of allegations against an online gold and silver bullion dealer located here.

The article states, "Consumers across the country have reported late or missing shipments of rare, silver and gold coins purchased from the Orange County precious-metals dealer. Clients say they have lost tens of thousands of dollars in investments, prompting some to take the business to court.", a silver and gold internet blogger, has painstakingly documented this delayed delivery fiasco since its inception (click here for more details).

According to The Better Business Bureau, there are more than 200 complaints regarding the dealer over the last 3 years.

- Source, James Anderson of Mike Maloneys Gold