5 votes

Mike Maloney and the Gold 'Standard' Scam

Mike Maloney at 7:33 and 15:28 mark
►Gold Standard 'Scam' is here
18:15
"So.. before the year 2020, we are going to have a dollar crisis... this is going to lead to a global currency crisis, because the dollar is the majority of the value of all the world's currency.. it's more than half the value of all the world's currency

If there's a dollar crisis...
I believe that people in other countries are going to look at their own currencies and say 'oh my God, this is just a piece of paper with numbers on it also'... and people will lose trust in fiat currencies.

Now to me actually, the worst thing that could happen is that we go back to some sort of gold standard. A gold 'standard' is a national currency that's 'supposedly' backed by gold and it opens the door for the whole scam to start again."


http://youtu.be/fNjUBcQRic8



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

When I here this

I think about how they sell paper gold and silver now that are not actually backed by gold or silver. As long as people buy what doesn't really exist then it doesn't matter what currency they come up with. Same thing goes for Fractional Reserve Banking, if I understand it correctly, and they can loan out money that they don't have. Please correct me if I am wrong.

I would like to know what his alternative suggestion is since he does not believe in a gold backed currency nor a fiat currency. Or is he simply implying that we don't want a gold "BACKED" currency but an actual gold/silver currency, period.

Seems that in reality the only real wealth is what you own and anything else can be manipulated. Also seems that as long as we put banks in charge of what we own then manipulation is going to happen.

I would like to know what his alternative suggestion is

his suggestion is here

The real news is at the end, Arian Fosters revenues cant be

issued to shareholders nor can his assets dissolve to them, BUT, they can gain capital appreciation off of the value of the name and contract negotiations determine interest bearing income on the appreciation.

They are creating a new issue in contract law here, an issue that involves sharholders interest in employment contracts?

We are heading right into slavery and our language will be toggled to make it look like the exact opposite, healthcare

A true flower can not blossom without sunlight and a true man can not live without love.

.

.

A true flower can not blossom without sunlight and a true man can not live without love.

Competing currencies

Hello?

Let the People choose their currency.

Otherwise you end up with this: Barackazillion.com

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!

The dollar needs to be backed by something

Hi,

I think it couldn't be any worse going back to the gold standard than the system we currently have. It doesn't have to be gold either. It could be all sorts things such as oil, jewelry, silver, beer, and others.

WHATS sucks EVEN WORST ? fiat

WHATS sucks EVEN WORST ? fiat money

MONEY must be backed by something or it is nothing but paper.
gold standard better than NO standard DUH......

Liberalism: Moochers Electing Looters to Steal from Producers

One thing...

...is I wish he would of elaborated more on why he thought the "worse thing" that could happen would be if we went back to a gold standard, where he says the corruption could start all over again. They seemed to start a new topic directly after that comment.

Now that I think about it, I believe I have heard Mike say this in the past in some speech or conference before.

Anyone know, or care to elaborate the reasoning behind this claim? I am curious.

Keep your eye on the prize! - Ending legal tender laws in order for the Federal Reserve System to self-destruct is of the upmost importance.
What in the World are They Spraying https://www.youtube.com/watch?v=jf0khstYDLA
http://geoengineeringwatch.org

now posted..

to the OP... we'll try and generate some discussion on that :)
Thanks for the question... his thoughts posted above.

Thank you...

...Gave me some perspective where he was coming from.

I get where he is coming from. But I can't help but think, as one poster pointed out, that having no standard backed by something tangible and virtually un-conterfietable, could be worse.

Again, thanks for providing the link. Something that is worthy of discussion.

Keep your eye on the prize! - Ending legal tender laws in order for the Federal Reserve System to self-destruct is of the upmost importance.
What in the World are They Spraying https://www.youtube.com/watch?v=jf0khstYDLA
http://geoengineeringwatch.org

awesome! ya beat me to it.o)

thanks for posting.

Maloney's on a roll!

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul

Phxarcher87's picture

hahah

Guy says,"we can get into a long discussion on wall-street and ethics."

Um I'm pretty sure the discussion would be short because they don't have any.

THE CLASS OF CITIZENS WHO PROVIDE AT ONCE THEIR OWN FOOD AND THEIR OWN RAIMENT, MAY BE VIEWED AS THE MOST TRULY INDEPENDENT AND HAPPY.
James Madison