In this video, Mike Maloney explains what has occurred with our paper dollars and how gold could reach $15,000 per ounce.
Michael Maloney is a precious metals investment expert and historian and the founder and principal of Gold & Silver, Inc. He serves as an advisor on Robert Kiyosaki’s Rich Dad team and speaks frequently on commodities investing.
Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future
by Michael Maloney
“Throughout the ages, many things have been used as currency: livestock, grains, spices, shells, beads, and now paper. But only two things have ever been money: gold and silver. When paper money becomes too abundant, and thus loses its value, man always turns back to precious metals. During these times there is always an enormous wealth transfer, and it is within your power to transfer that wealth away from you or toward you.”