{"id":25592,"date":"2017-09-13T12:18:52","date_gmt":"2017-09-13T17:18:52","guid":{"rendered":"http:\/\/olduvai.ca\/?p=25592"},"modified":"2017-09-13T12:18:52","modified_gmt":"2017-09-13T17:18:52","slug":"mike-maloney-the-top-10-reasons-i-own-gold-and-silver-new-video-series","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=25592","title":{"rendered":"Mike Maloney: The Top 10 Reasons I Own Gold and Silver [New Video Series]"},"content":{"rendered":"<div id=\"content_title\">\n<h3><a href=\"https:\/\/goldsilver.com\/blog\/mike-maloney-the-top-10-reasons-i-own-gold-and-silver-new-video-series\/\">Mike Maloney: The Top 10 Reasons I Own Gold and Silver [New Video Series]<\/a><\/h3>\n<\/div>\n<div class=\"complete_article\">\n<div class=\"by_article\">\n<div class=\"education-content fr-view\">\n<p dir=\"ltr\">When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps solely as a portfolio diversifier.<\/p>\n<p dir=\"ltr\">These are all good reasons to own gold\u2014but those are <em>always<\/em> good reasons to buy precious metals. Mike Maloney\u2019s reasons to own gold and silver at this point in history are very different than what passes as standard arguments.<\/p>\n<p dir=\"ltr\">Given the monetary and economic risks present today, and the types of crises Mike believes are coming, he wanted to share his personal reasons with everyone. And he has a brand new video that details them:<\/p>\n<p><span class=\"fr-video fr-fvc fr-dvb fr-draggable\" contenteditable=\"false\" draggable=\"true\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/FI7NnOg2rxo?wmode=opaque\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/span><\/p>\n<p dir=\"ltr\">They center around a perfect storm of worldwide trends that are set to explode simultaneously\u2014and push gold and silver into hyper-bubbles.<\/p>\n<p dir=\"ltr\">Let\u2019s count down the Top 10 Reasons Mike Maloney owns gold and silver\u2026<\/p>\n<p dir=\"ltr\"><strong>#10: All Fiat Currencies Eventually Go to Zero\u2014and All Currencies Today Are Fiat<\/strong><\/p>\n<p>Since the year 1500, a whopping 617 fiat currencies have become worthless. About a quarter of those was due to hyperinflation.<\/p>\n<p>The message from history is very clear: No fiat currency has lasted forever. Eventually, they all fail. And today they\u2019re all made of paper, backed by nothing.<\/p>\n<p>Mike owns physical gold and silver because they are money, and every fiat currency today is not.<\/p>\n<p dir=\"ltr\"><strong>#9. The Current State of the Global Economy<\/strong><\/p>\n<p>Debt, deficit spending, derivatives, and trade imbalances are at levels unprecedented in all of history.<\/p>\n<p>As bad as worldwide debt levels are, total derivatives exceed $1.2 quadrillion. This precarious bubble threatens to take down the world economy. This factor alone could wipe out your wealth overnight. Gold and silver, on the other hand, will soar in that scenario.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mike Maloney: The Top 10 Reasons I Own Gold and Silver [New Video Series] When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps solely as a portfolio diversifier. These are all good reasons to own gold\u2014but those are always good reasons to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[374,15984,9722,647,730],"class_list":["post-25592","post","type-post","status-publish","format-standard","hentry","category-economics","tag-gold","tag-goldsilver-com","tag-mike-maloney","tag-precious-metals","tag-silver"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25592"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25592\/revisions"}],"predecessor-version":[{"id":25593,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25592\/revisions\/25593"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}