Mike Maloney Predictions 2005 - Right Or Wrong?
OCTOBER 30, 2012
Mike Maloney was one of the elite few to correctly warn of the housing crisis well before the crash of 2008.
In this recently uncovered archival footage shot at the Silver Summit in September 2005, Mike Maloney accurately explains the impending housing crisis, the trend in precious metals, and what to expect moving into 2006 and beyond.
Mike asks the audience: “Do we have a housing bubble? Nope... We have a hyper-bubble”. His analysis proved to be spot on while Ben Bernanke was still denying that Real Estate was in trouble 18 months later, saying “Subprime Is Contained.”
Can you imagine the impact on your finances if you had heard Mike’s presentation, followed it up with your own due diligence, and acted shortly after?
That is not all Mike was right about. As you will see from the video, Mike correctly identified several key ratios and geopolitical trends that are in play to this very day. False government statistics, the role of the petrodollar, and the lurking debt problems are all covered as part of the greater economic scenario.
Mike is grounded in classical economics, and has been educating the public on the economy since 2003. He maintains that it is essential to look at the big picture when making decisions about your financial future.
Mike is currently making a video that updates many of the charts and ratios featured in this 2005 presentation, along with his thoughts on the gold and silver market heading into 2013 and beyond. Make sure you are signed up to The Free WeeklyGoldSilver.Com Newsletter to receive notification of the release of what will be one of Mike’s most anticipated updates.
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