This Timeline Shows The Death Of The US Dollar As World Reserve – Hidden Secrets Of Money Episode 3

I’m in singapore, and I’m about to go on stage in just a few minutes I have [not] given a presentation for over a year [now] I was in a little fender-bender a while back and so I took a little bit of time off There’s this sense of urgency now. The global dollar standard was put in place by a series of accidental events that were very fortunate for the United States because it gave us an advantage over the rest of the world But our politicians over the past decade or so have abused this privilege as though it was their birthright, and now the rest of the world are turning their backs on the US dollar standard This is going to cause a financial calamity the likes of which we’ve [never] seen before and it’s going to be devastating for most people. I don’t *want* this to happen, but the damage has already been done So I’m going around trying to alert people and show them how they can protect themselves and turn this into a great opportunity for themselves There’s always one result from what we are doing right now, expanding the currency supplies all over the planet; there’s one result and that is higher gold and silver prices I love America – at least the America that the Founding Fathers created and I’m hoping people get interested in this so that they’ll see that what made America great is the answer to our problems: to get back to free markets, free people, and sound money. Our own history proves that this is the road to maximum prosperity We are entering a period of financial crisis that is the greatest the world has ever known The wealth transfer that will take place during this decade is the greatest wealth transfer in history Wealth is never destroyed; it is merely transferred, and that means that on the opposite side of every crisis there is an opportunity. The great news is that all you have to do to turn this crisis into your great opportunity is to educate yourself. I believe that the best investment that you can make in your lifetime is your own education: education on the history of money, education on finance, education on how the global economy works; education on how all of *these* guys – the central bankers, the stock market – how they can cheat you, how they can scam you. If you learn what is going on and how the financial world works, you can put yourself on the correct side of this wealth transfer Winston Churchill once said that the further you look into the past, the further that you can see into the future. This program is all about creating your own crystal ball: being able to gaze into the future, being able to change this crisis – the greatest crisis in the history of mankind – into your great opportunity I was born in Salem, Oregon in 1956 and we moved to California when I was four years old in 1960. But when I went to school, it was obvious after just the fourth grade, that there was something different with me; and by fifth grade, I was in remedial classes. And it turned out that I was dyslexic and teachers were not taught to recognize that back then. I was always falling behind everyone else. When I would get a teacher that would lecture instead of making us read out of books, I would just absolutely excel; I suddenly went from the dumbest kid in class to the smartest kid in all of the periods of that class But the result was that, you know, after a while, I was in every single remedial class, and I just couldn’t take it and in tenth grade I dropped out, middle of 10th grade; and I’ve never been back to school. I often say that in every crisis, there’s an opportunity; and in this case, the handicap of dyslexia has also been a blessing. Because I couldn’t learn out of books and I couldn’t take notes I just had to remember everything. And I have the ability to – my brain’s wired a little bit differently; I have the ability to look at a chart today, and I know how it relates to a chart that I saw 10 years ago But it was back in about the year 2000 when Steve Jobs of Apple introduced OS X – the world of books opened up to me… built right into the operating system was a text-to-speech program; now I could just have an assistant slice and scan my books and turn them into text and e-mail me and then all I have to do is highlight the text, press a button, and the computer reads to me. “People are turning to assets; it will keep their value… if prices rise… “So much money has been pumped into the system that people are worried about inflation down the road, said Bruno S. Frey, Professor of Economics at the University of Zurich…” The dyslexia is no longer a problem But what it’s also done for me, is I have the ability to explain complex things to people in a simple manner for some reason, and so I sort of made it my mission to try and wake up the middle class, to let them know how the monetary system works; to let them know that there is a major economic calamity coming sometime down the road And it’s most likely within this decade that we’re in right now The US dollar is about 60% of the value of all the currency on the planet and more than half of the dollars reside outside the United States The reason they – every country has US dollars is, first of all, that’s what central banks use as the reserve currency Second of all, oil is priced in dollars So this is the world and what we –
what you see here is that these are the countries that are avoiding the US dollar in trade; they’re doing bilateral agreements where they’ll either hold each other’s currency and settle that way, or they’re establishing – like right now, they’re talking about a BRICS bank: Brazil, Russia, India, China, and South Africa having a bank that will do settlements between the countries directly without using the US dollar These countries, they tried to avoid using the US dollar like Iran tried and we banned them from using SWIFT How many here have made wire transfers before? So do you know what a SWIFT number is? It’s a code that you plug in and this SWIFT system is what transfers those dollars from one person’s account to another person’s account. Well Iran decided that they were going to sell oil only in Euros; they got banned from SWIFT But there’s countries right now coming up with a replacement for SWIFT, and it doesn’t use the dollars, the SUCRE system; and Iraq started selling oil for Euros In Libya, they were talking about creating the gold dinar and selling oil for gold. So, those are the countries that are trying to use something other than the dollar. Then we’ve got gold competing with currency and there’s a lot of talk around here about the gold dinar, and there’s people that are actually using gold in some of the countries over here. And then in Utah, Utah has recognized gold and silver as money again It’s legal tender currency in the state of Utah in the United States. And then you’ve got physical gold accumulation I’ll show you later that China is accumulating an immense amount of gold; that all the countries with an up arrow, that’s gold accumulation Then we have gold repatriation Germany has been asking for their gold back, and they’re getting it Venezuela has repatriated their gold from the Bank of England. And then, if we put this on a timeline Here’s the nails in the coffin for the dollar standard and you will see that there’s not a lot of time left This is my evidence that I think is proof that the death of the dollar is coming, and it’s coming shortly Nixon ended Bretton Woods and we went on the dollar standard. Then the first nail in the coffin is, Iraq sells oil in Euros; the crisis of 2008 and we added 1.25 trillion to our base money in the United States. As we add to the base currency, people get worried about inflation; they start rushing toward gold and silver. Iran ends oil sales in dollars and they’re taking commodities in trade for oil, they’re taking – in Turkey, they take the local currency and then buy gold in Turkey and export the gold to Iran, so they’re basically selling oil for gold. They do the same thing with India QE2 – quantitative easing, that’s more currency printing in the United States Libya China and Russia bypassed the dollar, they did a bilateral trade agreement where they hold each other’s currency and they do direct debt settlement without having to wire transfer US dollars Chinese president just recently, said that the dollar as the world’s reserve currency is a product of the past Utah recognized silver and gold as money China and Iran bypass the US dollar with a bilateral trade agreement. Venezuela repatriates its gold. China and Japan trade directly India and Japan bypass the US dollar. Russia and Iran trade directly Iran sells India oil for Rupees and commodities. China and Brazil trade directly Swiss citizens demand gold repatriation African countries ban the dollar; in Zambia, you can go to JAIL if you use US dollars Quantitative easing number three: they have announced at the Federal Reserve that they’re going to be – they’re starting with 40 billion dollars of currency that they’re creating each month and now it jumps to 85 billion dollars That’s more than one trillion a year; and remember, it took 200 years to go from no dollars to 825 billion. And now they’re going to create a trillion every year Iran trading energy for gold Singapore removes tax on money Germany repatriates 150 tons of gold from the New York Fed. The citizens of Netherland demand gold repatriation Ecuador repatriates part of its gold reserves Austrian citizens demanding gold repatriation. China acknowledges fundamental market shortage of gold. And now the Fed is increasing the rate of printing when I said from 40 to 85 billion every month; just over a trillion per year So those are the nails in the coffin for the dollar standard; and if you noticed, they are all speeding up and they’re all happening right now You don’t have a whole lot of time; and if you wait too long, then the opportunity is gone It’s going to fail Why is the dollar sacrosanct? Why is it *not* going to happen to the US dollar? What will? People think, oh no, it’s high technology; we have computers now, or the internet – these are ridiculous arguments The truth is, all fiat currencies have failed and there’s no reason why this one won’t. What worries me again so much is that it’s a global situation. And so it’s going to cause problems on a global basis And it’s a trust breaking down. And you’re already seeing the trust breaking down, as I said earlier – because you’re seeing different countries exchange directly with each other’s currency, circumventing the dollar; you’re seeing that in oil; you’re going to see it more and more and people are just going to opt out of the dollar. And you’ll probably get to a point before the whole thing collapses entirely where the dollar is more or less used internally, United States, and externally it’s not used as much because there’ll be a lot of agreements made between nation states outside of the United States that will want to use each other’s currency and not the dollar This isn’t going to be pretty when it happens I am not an end-of-worlder or a doomsday guy. All you can do is play the hand that you are dealt If we go to a new monetary system, and I think it’s absolutely inevitable: there’s just too much energy built up in this one that has to release; it has to come crashing down somehow When that happens, there’s an enormous wealth transfer for people that are on one side of the bet or another. And people don’t realize that whether they are – they think they are making a bet or not, they are making the bet They are involved; this wealth transfer affects everybody, whether you want to participate or not. If you are holding paper assets and paper currencies, you have bet one direction; if you’re holding gold and physical assets you’ve bet the opposite direction So, these are changes in Chinese holdings. They are accumulating gold, they are getting rid of US Treasury bonds This is gold held in China. The green line is the cumulative gold, that’s on this side, this scale, so it’s gone from about 700 tons to almost 6,000 tons just since the year 2000. So this is their central bank holdings This is their mine supply But this is – and my researcher put all of this data together. You’re the first people to see this – this is the amount of gold flowing through the Hong Kong exchange that goes into China and the past couple of years here, they have ramped up their buying. They know that the dollar standard is coming to an end and they are protecting themselves, and you’re probably going to see gold-backed Renminbi someday – the Yuan So this is an interesting chart: Change in Global Influence So this is the correlation to this basket of currencies. This basket of currencies, if you add them all up, they’re trading up or they’re trading down and this was pre-Crisis, so it’s before 2008, so – this is from the International Monetary Fund, it’s their data – so from 2005 to 2008, this is the correlation of, you know, if that basket of currencies was trading up, the dollar was probably doing about the same thing, is what it’s saying That Chinese Renminbi, a little less so. And then, this is today The US dollar is done for! I don’t think there’s any question we’re heading for a new monetary system. The question is, what would it consist of You know, the four choices are sort of a world of multiple reserve currencies, and Barry Eichengreen of Berkeley is the leading proponent of this, or leading scholar on this topic. The problem with that and where I disagree with Eichengreen is there’s no anchor in that system We did have multiple reserve currencies before, in the 1920s He’s right about that And it was sterling in the dollar, but they were both anchored to gold. And in the post-Bretton Woods world since 1944, it’s been one reserve currency which is the anchor, and it was anchored to gold until 1971. Since then, the dollar has been detached from gold but all the other currencies are still linked to the dollar So at the end of the day we’ve had an anchor of some kind, we’ve never had a world of multiple reserve currencies with no anchor. I’m not sure that’s that stable. The SDR is the second choice. The SDR is a basket currency sponsored by the IMF At least for the time being it’s also printed money; the IMF literally prints the SDRs ships them out to the members. And their reserves go up, exactly the way the Fed creates money and bank reserves go up But it’s not backed by anything. Third choice is gold, some variation on the gold standard And the fourth choice is what I call chaos, which is that nobody does anything; there’s a lot of wishful thinking; there’s a lot of denial; there’s a lot of delay, and we get to the point where people just totally lose faith in paper currencies, go to hard assets, and we have a sequential collapse of paper currencies around the world – at which point, governments will have to react with emergency measures. That could include coercion, confiscation, you know, various sorts of freezes on paper assets… could be a lot of things in that scenario, so to me it’s multiple reserve currencies, SDRs, gold, or chaos I favor gold, but I fear that we may get chaos I’ve talked about every 30 to 40 years the world has a new monetary system. And the thing is that over the years, governments and these central – and the banks, have basically screwed us more and more and more And these new currency systems are always created by the same idiots that created the last one that fell apart It’s the big banks, it’s the central banks, and it’s governments that are creating these new systems each time; and each time the system they come up with is a system that cheats the population more and enriches the government and the banks more. It’s a system that transfers wealth at greater and greater speeds. You know, this one is going to fall apart just like all of the others There’s a difference this time, though: there’s the internet. People are connected all over the world; information is spreading and people are getting educated So I’m hoping that we go back to gold. Not a gold standard; gold standards suck Did a video on that With a gold standard there’s supposed to be a certain amount of gold in the vaults for each unit of currency. In other words It’s a one-to-one ratio, is the way that it started. And then, they print more receipts than gold that exists So if we have gold standards, we’re going to get scammed again If we used gold and silver, if the public gets educated enough before all of this happens If we went back to gold and silver, then governments can’t scam us; it limits their ability to transfer wealth from the population to the government and to the banks A lot of people say that you can’t use gold and silver today because they’re too heavy and bulky and it’s completely wrong You could put gold and silver in a vault and you could make payments to somebody by transferring ownership of nanograms, grams, or ounces of gold and silver from one person’s account to another by means of a check, a credit card, or even your cell phone If we go back to a gold-backed currency, gold-backed US dollar, at that point, I think the minimum scam that the US could get away with, which means the minimum number of dollars in existence that they could make convertible into gold, would be the dollars that are held in foreign central banks That would be similar to the Bretton Woods system that we had from 1944 to ’71. Well, I did some analysis on this when I was writing the book back in 2005, and back then it required $20,000 an ounce gold for the Treasury to have enough gold to cover those dollars – or the New York Fed, actually – and if they were going to back all of the dollars, you’re talking gold measured in the hundreds of thousands of dollars per ounce There just isn’t that much gold and there’s a whole lot of currency. We keep on printing it every minute of every day This is gold and how it accounts for currency supply This is our base money in the United States, which was gold back here from 1900 until the Federal Reserve; the amount of currency in circulation and gold were the same Then we established the Federal Reserve and we inflated for World War I; and we had more currency in circulation than we had gold to back it. There were some bank runs in the ’30s; then Roosevelt unpegged the dollar from gold and gold’s value rose from $20 an ounce to $35 an ounce. And when it did, the value of the gold held at the US Treasury rose to meet the value of all the currency that was printed in the meantime Here’s the same chart again, but now I’m taking it out to 1971. And what you see is these gold inflows during World War I, during World War II, it’s another 117 percent gold increase. This is what made the United States a superpower: it’s all financial It isn’t our war machine necessarily; it’s all the gold inflows that we got because everybody else was at war and we were isolated from it. And they had to pay us for all their consumer goods and so on. And then we jumped into the war and we inflated, and then in about 1959, countries started figuring out that we didn’t have all the gold You know, we were printing more dollars than gold that we had to back it; and under the Bretton Woods system they could go to the New York Fed and turn in their dollars for gold at $35 per ounce. Only foreign central banks – individuals couldn’t do that So gold started flowing out and the US lost 50% of its gold from ’59 to ’71, and in the meantime, we kept on printing currency If this had continued until it got down to zero, if there was one more dollar out there that laid claim to gold, that came in and said, “we want our gold for currency” and there was no gold to back it up, the entire world monetary system would have come crashing down So Nixon had to take us off of the Bretton Woods system, the last vestiges of the gold standard, in August 15th of ’71 So here’s the same chart again: there’s the first chart and the second chart to ’71, and now I’m taking it out to ’85, and I’m adding a second line here How many people would agree that credit cards are replacing cash in circulation? Yeah, credit cards – you use your credit card more and more every year, right? You use cash less and less. Well this is outstanding credit card balances. It’s called Revolving Credit Outstanding, is the name of the chart that you get from the Federal Reserve When you charge something on a credit card, you create currency The bank didn’t actually loan you anything; they invented numbers And then they have the gall to charge you interest if you don’t pay those numbers back on time But so, the thing is, that the merchant that you’re paying, the restaurant or the grocery store, that merchant’s checking account can’t tell the difference between the credit dollars that *you* created or the cash dollars that you pay him So to that merchant’s checking account, it all looks the same. And those dollars that you created stay in circulation until somebody saves them up and pays down credit card debt. So unpaid credit card balances, I include as part of the cash in circulation. And in 1971, Nixon took us off the gold standard and gold became a freely traded, separate, commodity-slash-money, and it did an accounting of the currency supply There was quite a while here where we could have gone back on the gold standard. The value of the gold at the Treasury exceeded all the dollars printed: from George Washington to Jimmy Carter. And for a week or so, a couple of weeks, it exceeded base money *plus* outstanding revolving credit. So here’s the same chart again. That was to 1985 and now I’m going to take it out to today. And so there’s that 1980 peak where it shot past base money and base money + outstanding revolving credit And then we get to the crisis of ’08 and Ben Bernanke – oh, by the way, instead of billions, we’re now measuring in trillions So we started in millions, and then it went to billions and now it’s trillions So, we did the bailouts and all the quantitative easings, and that’s what the currency supply looks like today. And then, they announced quantitative easing 3, which is that 85 billion a month that they’re creating, and they think they’re going to have to do it until about 2015 So, here’s the projection: for gold covering the currency supply today, would be $13,400 per ounce gold, for history to repeat and for gold to do the same thing that it did in 1934 *and* in 1980. And believe me, it shocked people in 19- – in the 1970s. When gold was $35 an ounce and Nixon took us off the Bretton Woods system, all the economists were predicting that gold was going to go down, because now there was going to be no more monetary demand for it Anybody that said gold was going to go to a *hundred* bucks was considered an absolute lunatic – and it went to 850; it rose 24 times its price. Well, when I wrote my book, we were right here with base money: so base money + outstanding revolving credit. It took about $6000 an ounce for history to repeat; today it takes $13,400. And if you include the same overshoot – remember in 1980, it didn’t just cover base money but it shot past it – $24,000 an ounce gold is what it would require to meet that. Except we’ve – the Fed has announced that they’re going to keep on printing currency until there’s lower unemployment, and the economy gets back on track. And they think till 2015. So the projected price, according to the Fed and history repeating, if that was to – if the Fed does this, and then history repeats and gold – the public gets afraid of what the Federal Reserve is doing, and they rush toward gold and silver to protect their purchasing power, gold would have to rise from there to way up here and that is $26,000 per ounce gold to cover. If it does the same overshoot, we’re talking about $47,000 an ounce gold. Now, I don’t even like to measure gold in dollars. If you measure it in a price, price doesn’t mean anything; it’s the value. How much can you buy with the proceeds? If we have deflation and some of this currency evaporates, because it’s all just numbers that they type into a computer these days – if we have deflation, maybe gold peaks at $3,000 an ounce and the currency supply collapses to way down here somewhere, and the Dow is at 1500. That means gold will still be double the Dow; you’re still going to get 14 times more paper assets one day than you can buy today with them And it’s probably only a couple of years left that this is going to take, as you saw about how the nails in the coffin of the dollar standard, how they’re speeding up If we have big INflation and the Dow goes to 30,000, maybe gold will be $60,000 an ounce; and if we have hyperinflation, the Dow would be 30 trillion and gold would be 60 trillion It doesn’t matter; in any case, gold would buy you 14 times more paper assets than it does today So, these are the global assets: here’s the sto-… the bond market, here’s the stock market, this is the value of real estate on the planet, and these are bank deposits And there’s gold Now that little slice of the pie is going to get a lot bigger in just the next few years, and it’s not going to do it by a whole bunch more gold just appearing. It’s going to do it by the price of other assets going down or at least their value going down and the value of gold going up So the price of gold will change, that piece of the pie is going to grow; it was a lot bigger back in 1980, when gold was at $850 It’s going to get a lot bigger today again; but today, as you’ve seen, it requires far far higher prices So, the death of the dollar standard: how many people here believe that I’m sort of predicting what’s going on in the future here? You can see, that there’s a new world monetary system coming It happens every 30 to 40 years; except this time, instead of a baby step off of gold, we’ve got to go from nothing back to something. It’s going to be a worldwide convulsion, the scale of which has never been seen before At the end of the day, the fundamental, fundamental driver of gold, it’s not so much that gold’s in a bull market, it’s more the dollar’s in a bear market. And people say, well, how high can gold go? And my answer is, well, how low can the dollar go? The answer is the dollar can go to zero If you divide any number by 0 the answer is infinity. So gold can go to infinity if the dollar goes to zero. Now, in the real world, something else will happen. It’s not that gold becomes worth infinite number of dollars; it’s more the case that the dollar just falls off the stage. The dollar gets the hook, so to speak, and you’ll count gold in dollars to five thousand, to ten thousand at some point, but there will come a time when you won’t count gold in dollars anymore, because dollars won’t count. People won’t want dollars There is so much opportunity in crisis, it is absolutely extraordinary. That’s just not me saying that, that’s just history You read any amount of history – and I don’t mean last week, I mean real history – you know, in times of crisis, it’s when huge fortunes were made. Times of crisis is when human beings create and develop newest technologies and new… science and new medicines. In times of crisis, there’s so much opportunity – as long as you can remain calm, get educated, be resourceful. The challenge for most people is that in crisis they go into crisis mode. Which means they go into scarcity, they go into lack, they go into blame; and none of those emotions are resourceful for helping you solve whatever challenge is in front of you I believe that this is probably the greatest opportunity of anyone’s lifetime. There has never been a situation where all the – everything came together, just like this. This is the first time in history where all the world’s currencies are just fiat currencies backed by nothing And if what happens – what I think is going to happen happens, this is the greatest wealth transfer in history. It’s the greatest opportunity. And it’ll never happen in our lifetimes again So now we’ve learned the following hidden secrets of money. There is a global loss of confidence in the US dollar that is accelerating rapidly The change to a new monetary system is inevitable and will most likely be chaotic Gold standards do not work over long periods of time, but gold itself does. The public contributes to the massive amounts of currency creation by using credit cards and signing loans Gold has already accounted for the expansion of US dollars twice in the last century and may likely do so again So that’s it for this episode. I thank you for watching and I hope you enjoyed it I know I threw around a bunch of astronomical prices for gold someday in the future, but it isn’t the price measured in dollars It’s, how much is its value? What is it worth? How much stuff can it purchase? The price measured in dollars, or any currency for that matter, is just a bunch of numbers And it really doesn’t mean anything There are numbers that are created by the world’s central banks, by the commercial bank system, and we’re forced to transact in these currencies; but in our next episode, we’re going to clear away the smokescreen of national currencies and show you how the world monetary system really works, and how all national currencies *have* to continue losing value It is not possible for them to maintain purchasing power over any reasonable period of time As for the golden nails in the dollar’s coffin, it’s only been a short while since we filmed the presentation in Singapore and already there are more of them. So for an update, visit, and in your free information toolkit, there’s an exclusive presentation on the latest developments of the golden nails in the dollar’s coffin. Now I know this episode was kind of serious, and it might have you upset right now, but believe me, it’s not all doom and gloom. As I’ve said many, many times before, there are these brief moments in history where the safest asset class, the safe haven investment for the last 5000 years, also becomes the asset class that has the greatest potential gains in purchasing power. And I have bet my life on it First I became an investor back in 2002, and then I started telling everybody about it. I started warning them what was going to happen with the world economy and how to protect themselves, and I made it my mission to educate as many as I could So in 2005, I wrote my book. And then I gave people a means to protect themselves and opened up I believe that my team and I have created the world’s best precious metals dealership, because we don’t just sell gold and silver; we are gold and silver investors. And what we want to do is help you understand how to get through what is coming, to protect yourself, and to turn all of these bad things around to your benefit So if you decide that precious metals are for you, please visit We’d love the opportunity to become your dealer, because we feel that we are more than a dealer; we are a partner with you, and we’re on the same side of the fence as you So thank you very much, good luck, we’ll see you at the exclusive presentation at Thanks Do you think this is a “man the lifeboats” situation? Let me ask you this: if you knew the Titanic was going to sink and you were *on* the Titanic, you know there’s going to be a lifeboat situation coming up soon Would you like – (…have life boats available) – that’s right: would you like to get in the lifeboat early, get a nice seat? Maybe close to the water. Maybe closer to the [food] supply Right there in the middle, nice and comfy… or you want to be one of the last ones on the boat and you’re jockeying for position? You have to throw a kid out to make room for you. Yeah, so uh… you know, lifeboat situation, it depends …how you like your accommodations on the lifeboat, is whether you should be working your way towards it right now. And I will be edging my way towards it right now Mike Maloney’s Hidden Secrets of Money is made possible by the clients of Your continued loyalty and support allows us to educate the public on how to both protect themselves and benefit in the turbulent times ahead To all customers: thank you. Hidden Secrets of Money would not be possible without you

Comments 100

  • Check out how I see the short term deflation playing out:

  • The US dollar is backed by the US military.
    The last thing we want is the brightest light of freedoms military to collapse.

  • Can i move to Utah ?

  • Kashafi was genius that is why he saw Assassinated

  • Mr. Maloney, I wanted to extend a big thank you for educating the younger generation such as myself. I really appreciate you putting out amazing content. Liked and subbed. Much love from Dallas, Texas

  • I think you are teaching us how to spend our money into buying gold and silver, as for the world government wants to change the currency now because the US dollar is worth nothing and needs to emend its mess and having us to pay for it.

  • why do you never include Canada in your charts and lectures???

  • Sounds like doom and gloom on the horizon for the average Joe who can't afford to buy gold or silver and even if he could, you can't eat it. No real answer for the public at all, only those who see another opportunity to for the rich to get richer. Gold should be abolished, somehow the world economists have screwed up again. I don't see or hear anything that can help the average citizen at all. What's the point of your lecture anyway??? How is a poor soul like myself and others get into this great opportunity you talk about when we are all dirt poor, why don't you explain this as to how Joe Schmuck is supposed to benefit from what you say, as I did not hear an ANSWER!!

  • I remember watching this 5 years ago and coming back reviewing it now, I'm seeing all this manifesting evermore.

  • Gold is = to the value of what ever someone will give for any thing of value to you . Great video Mike!🥇🥇🥇🥇

  • Greeks have a pile of worthless rubble.
    When are they going to fund and REPAIR the ancient structures ?
    No point in traveling half way around the wirld to see a bunch of broken junk.
    Restore the Temples & Buildings, completely, as they once were at the very Peak of their prosperity, opening the Temples as museums.
    Now that would be worth seeing. $

  • Gadafi died hard for his vision of an alternative to the petro dollar.

    I saw video of him die, right here on you tube. It wasnt nice.

    Hillary said something like 'we came, we saw, and he died'. Then she laughed. She's not nice.

  • Great Britain made the US rich.

  • September 2019 presents a very dour outlook for the near future. This may be the end.

  • لهذا السبب تم اعتبار العراق و ايران وليبيا دول معادية .. غزو العراق وتغيير النظام الى حكومة عميلة للولايات المتحدة تم بالفعل، تدمير النظام الليبي بثورة مسلحة مدعومة غربيا وقد تم كذلك، حصار ايران اقتصاديا والتهديد بالحرب الذي لا ينقطع منذ الثورة الإيرانية.

  • Im glad helped you.

  • about 19:00 and that part…Blockchain maybe?

  • The US leaders had it all. And fucked themselves in the face. The definition of greed and corruption.

  • My man has 3 months or he was wrong about this decade

  • Wait that crash scene wasn't yours was it? How in the heck can anyone survive that?

  • China is printing just as much money as the US does. I actually believe they are printing MORE money than the US

  • Kinda funny looking back at these videos; The fed now wanting to do a type of QE4 Around the end of September, October and November of 2019

  • Mike PLEASE answer this !!!!!! If money is never destroyed but transferred, then that means the fiat money outstanding today will be matched by the existing precious metals. Lets say the world has 50 T in existing money, then the existing PM"s will be equal to 50T?

  • How do you read the slides at your presentation if you’re dyslectic?

  • You seem to be making a great point for bitcoin

  • Why is it that every president, including terrorist governments, has to meet the British Queen and Prince Phillip, thereafter their henchmen, Rothschilds, and Soros? It seems clear these globalists love to play one government off against the other.

  • Anyone else here in 2019?

  • Xrp will change the world

  • MIKE our monetary system does not work the way you say it does ——– The US dollar is not on a fixed exchange standard, like the gold standard —- you can not debase something that is a FIAT. US dollar does not get its value from being scarce — the USD gets its value from US citizens having to pay their taxes in USDs. OUR system is a form of chartalism —- it is not fixed exchange rate this is your major flaw.

  • This is nearly 7 years later but I do agree it will happen but it will happen in conjunction with the Rapture and world disasters that will shake the world and those will increase in frequency and intensity just as this financial system will collapse.

  • and the idiot Trudeau sells all of Canada's gold

  • How do you say to prevent the government from confiscating gold from the homes of people?

  • Everything is clear why war in trade with China why they are giving Iran a hard time and trying to start a war and Venuzela

  • And now I'm sitting here in 2019 looking at a six-year-old video. What happened? Stock market roaring, record low unemployment, easier than ever to make money..

  • What happens to thing you have financed during a wealth transfer?

  • Usano il denaro come arma di sterminio di massa e' imporre il (marchio della bestia) moneta digitale

  • Why is gold or silver valuable though?

    I know silver has an increasing industrial and practical use but not sure about gold. It just looks good and that’s it.

    Why is gold not the same as an fiat currency? Don’t we give it value like a fiat?

    Food, water, shelter, labor and commodity are in my opinion values that seem more obvious.

  • The only way the USA has been able to keep the dollar as it has in the world stage, is at the point of a gun, it does have the biggest military in the world, with the biggest spending on military by a margin of a hundred or more, it is said the USA spends more on its military than the next TWENTY countries combined.

  • There has been many different sorts of MONEY in history, from shells to cocoa beans, and of course gold and silver…. but I don't think we will go back to those, it will have to be some new for of money that is "anchored" to something for sure, but it cannot be gold or silver or any of the past stabilisers of currencies. Even now people are experimenting with e-currencies but not gold. The economies of scarcity are not a good social stabiliser, it creates all the past historical horrors we (humanity) have lived.

  • @GoldSilver (w/Mike Maloney)
    Could there a possibility in which bitcoin along with blockchain (if privatized by governments) could depreciate the price of gold/silver. I understand it hasn't happened in 5000 years, but neither was there the technology to do it.

  • This video was done before the war criminals lied their way into Libya

  • Bitcoin changed my life

  • This series is awesome!!!!!!

  • Oil prices in USA
    One trillion dollars every year

  • Stock up your garages with canned food, and water.

  • in the future Papa, where did all the trees go? We cut all of them down to make pieces of paper to buy things little one, it was very foolish!

  • Our economy was intelligently designed for scamming. The economy as we know it is designed to crash. To bring the world to one world government with the Papacy as their god. Maloney you should investigate how much gold the Vatican has.

  • That is one less original tesla roadster.
    There will get rarer and rarer.

  • China still needs to keep some of US dollars because their currency is peg to US dollars as US is the biggest China’s exporter..but if they will increase their export to Asia and increase their domestic demand they might get rid of it and that’s gonna hurt US dollars as they own around 1,11T US treasurys

  • Thank you, so much for this. Onto Episode 4!!

  • God Bless You!

  • All this was believable and somewhat true until you find out that this guy sells gold coins in return for US DOLLARS. If it's so useless he wouldn't want any

  • Bitcoin is the new wealth transfer.

  • The more U weaponise USD to sanction others. U use Swift wisely U still remain the top. U misuse Swift. The more countries would have to look for alternatives or barter trade.

  • Bitcoin is the solution

  • Why do they completely ignore and never mention the fact that gold was confiscated from all citizens in 1933 and made illegal until the 1970s? Leaving that fact out doesn't make sense to me, theres a huge risk of history repeating there

  • Mike Maloney. Question? If you have a house with a mortgage .. what would you do right now?? Would you sell up?

  • Haha we up to QE4 now!! I’m all in on gold, sold property to get gold🤙golds going to go through the roof

  • 6yrs later still talkung about the great crash👀😎

  • Very interesting -My question is this – Currently there is various Blockchain/Crypto currencies developed. One that is working with various banks – including central banks is XRP. This a blockchain that does have a finite number . Is it possible that this along with gold will be developed as the next world currency?


  • fake news. Go buy Chinese currency if you belive him

  • So was bitcoin a dry run? Crypto altogether in beta?

  • Finnish, Slovenian, Persian but no French translation?

  • November 2019, nothing has happend!

  • Mike, the dollar becoming the global reserve currency was NOT an accident. FDR did it on purpose and the American people paid dearly for it. Read Wayne Jett's book "Fruits of the Graft". He will remove all doubt that FDR was an evil son of a bitch who forced a depression upon the American people so he could hoard gold and transfer wealth to the elite oligarchs who run this country.

  • What I been hearing I believed it

  • U.S government MURDERED Sadam Husein because he was selling oil with Euro instead of U.S $$$.


  • I've watched this video 4 or 5 times in the last year

  • JFK tried spoke of ending the Federal Reserve, and look what happened to him. There would have to be enough US Citizens to cause another Civil War to end the fiat currency

  • Why are not the US citizens been told WHAT THE HELL IS GOING ON ???? The News Media BETTER WAKE UP AND DO WHAT IS RIGHT FOR , WE THE PEOPLE !!!
    THE ALMIGHTY God AND Father will and shall have the last Word that I can say for certain People by Jesus come what may. CHEERS.

  • God ALMIGHTY help USA 🇺🇸
    We who Loved their neighbors.

  • Why Have The Fed Not Killed You lol bitcoin is a bubble

  • I like the man at the end of the video…very funny!

  • Thank you.

  • Now 2019 / 2021 : now we need an update on this information !!!!

  • Is the current federal government administration had an effect on this issue ???

  • Dan 2:41 – 44

  • An end IS COMING !!!

  • Matt. 24:14 : 14 And this good news of the Kingdom will be preached in all the inhabited earth for a witness to all the nations, and then the end will come.

  • Could be a chinese crypto backed by gold?

  • could someone tell me when is the end of the dolar because i have been hearing it since 1971. This is like the end of the world thing and the end of the world is never coming. When it all ends youll never know untill its to late

  • The 'currency reset' is really the arrival of the Great tribulation Matthew 24: 21, 22 with a total meltdown in fiat currencies Psalms 46: 4-6 that begins with the loss of the Euro, followed by the loss of the Australian dollar and banking system. This problem comes to Deutsche Bank's bankruptcy; but this is not the only problem in the Euro. The 'currency reset' is a fallacy, because the failure of the system with wars and wrath parallel with this fiat currency meltdown Revelation 11: 18 Jeremiah 25: 24-26 Revelation 18: 17 means the present system is OVER Romans 9: 28 and is replaced by God's Kingdom under Christ the King Revelation 12: 10 Matthew 24: 29, 30. The present system doesn't just 'carry on' after it has already failed; but the time on man's rule over man is over, because the results of this are seen by all, and mean the violence, pestilence and famine Revelation 6: 8 that costs so many human lives.
    The way is prepared for 'the kings from the rising of the sun' Revelation 16: 12. This is Jehovah God and Christ Jesus who are resolving this crisis PERSONALLY. The outcome of these events has already been written.
    True Christians who love God John 3: 16 are already inside God's Kingdom at the appearance of Christ 'in power and great glory', as seen in Matthew 25: 31, 34 [Matthew 24: 29, 30] This is the Sunrise Daniel 11: 44, 45 Malachi 4: 2 Psalms 46: 4-6. This time is almost here. These true Christians, who are 'sheep' like; and who are meek and righteous Psalms 37: 11, 29 will live forever in Paradise Luke 23: 43 on earth Daniel 2: 44 with their children, and those of theirs raised up from the dead Revelation 20: 13 Matthew 5: 4. They will be under a government of Justice, peace, mercy and righteousness by Christ Jesus Revelation 11: 15, 18 and His heavenly brothers Revelation 5: 10. This is a New Heavens; that Rules over a New Earth Revelation 21: 1. The 'sea' of wicked ones that is no more is also seen in Psalms 92: 7. When the wicked are destroyed; the Great tribulation is OVER.
    So the 'reset' that is the idea of people who imagine this system just carries on; when in fact it has failed and is discarded; is really the change found in the Bible from the present system, to the Kingdom of God Matthew 24: 14. Romans 10: 13-15.

  • Identify the British Empire an its banker gangsters as the Oligarchy from Venice.

  • Could the New monetary system may be a combination of Gold and Bitcoin

  • Save in gold

  • What about those countries that have ample gold mines if gold is used as as currency those countries can just mint gold coins and get rich.

  • Shoutout to Tariq Nasheed for influencing the creators of this excellent film…

    Go to to get the hidden history of the world

  • At the end of the day….I trust gold/silver over the dollar. If ones goal is to invest and create More Dollars…than gold/silver isnt the right vehicle. If you believe the value of the dollar will soon be zero in value, then the exchange out of the dollar and into gold/silver is a wise decision. I honestly dont look at the value of gold and silver based on a dollar value….instead what is its purchasing power? Gold and silver has a solid foundation in protecting the necessary buying power

  • You guys just are add for gold 7 years later dollar is growing stronger than ever.

  • See I am for investing In gold. But I'm working class and therefore I don't have anything to swap for gold haha it's good to know but it's disheartening knowing there's really nothing the likes of me (working class poor folk who don't have enough to make ends meet on a weekly basis) can do. I haven't got thousands to invest in precious metals I guess it's been nice knowing ya haha

  • How come you are not talking about the Philippines gold that is being held (kidnap for lack of better word) by world banks? ?? ???

  • The funny thing is that EVEN if we didn't use it as money, it still has applications in tech/electronics/industry because it has a better electrical conductivity than copper. For example gold plating contact pins of a socketed CPU. It also works better than lead in radiation shielding so it has applications in satellites and space craft, and of course the list goes on. So it's scarcety and it's importance in tech gives it value even if we never in history used it as money or jewelry. That's also why it's good to recycle electronics.

  • Update: Iran is selling oil in Euro and abandoned the dollar last year, same with Venezuela. Can you guess why America is so upset with these countries? This year Russia (also an exporter of oil) is seeking to sell oil for Euros. 7 oil pipelines go from Russia through Ukraine to Europe. China is helping other nations to build infrastructure with the one belt one road initiative and selling coal (not in USD). Iraq's government is deteriorating because they don't trust the puppet so called "democracy" that America has put into place. Meanwhile what is America doing? Waging endless wars with a phantom, a aberration a so called "terrorist," a boogyman that is guaranteed to exist and therefore will always justify the endless war. And… recently America has started quantitative easing again except that's not what they are calling it, so I think we're on QE5 or 6? I lost track. Sigh…. the lessons of history…

  • is MIKE MALONEY the last person on earth that does not know that there is no fractional reserve lending and most of our money comes commercial banks and not the government or central banks?

  • We're awake now! Thanks, Mike and team!

  • [Thank you for the new information i wasn't aware of the dangers of gold standard money, one always assumed it meant gold & silver coins….. but now knowing the notes or receipts can still be created without the gold in the vault keeps us in a similar situation to the one were already in now. you learn something new every day…even if its something one has overlooked its a big piece of ones education]

  • After all the tell you, after all the facts, the strange thing is they are ready to give you gold and silver for the paper they just told you is worthless. P.s. Epstein didn't kill himself.

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