Gold and Silver Pull Back — Smart Money Buys When Others Wait 
In his latest video, Mike Maloney delivers a powerful and urgent message for investors: silver is not just undervalued — it’s poised for a potential breakout that could rival or even exceed its historic surge in 1980.
Based on the math, history, and current global conditions, a $200 per ounce silver price is not only attainable, it may happen much faster than most expect.
If you’ve been sitting on the sidelines, wondering if you missed the window on precious metals, Mike offers a clear and compelling alternative: Buy silver.
The “CP Lie” and the True Price of Silver
Mike opens the video addressing a common investor question: “Is it too late to buy gold?” His response? Look at silver.
He explains that when adjusted for true inflation—not the manipulated government CPI figures (what he calls the “CP Lie”)—silver would need to hit $200 just to match its previous inflation-adjusted highs. And that’s just the baseline. Based on monetary expansion and historical ratios, the case can be made for silver reaching as high as $2,000 per ounce in extreme scenarios.
But $200? That’s a very realistic near-term target, especially in a market rush. And Mike believes we are already in the early stages of one.
Gold and Silver: The Safe Haven with the Most Upside
What makes this moment different from previous bull markets in gold and silver? According to Mike, it comes down to scale. He points out that the last major gold bull market in 1980 was driven by just 10% of the world’s population. Back then, most of the world couldn’t even legally buy gold or access international markets.
Today, that number has grown dramatically:
- 18x more people can legally and economically access gold and silver
- 55x more currency exists globally
- Yet, only 2x more gold has been mined since then
This means the purchasing power being aimed at precious metals has expanded exponentially, while the available supply has barely budged. In Mike’s words: “This time is really different.”
China, Central Banks, and the Global Gold Grab
One of the most important insights from the video is where the demand is coming from. It’s not the West that’s driving this rally. It’s the East. China, in particular, is quietly and systematically absorbing massive amounts of gold—far more than they report publicly.
Recent reports show explosive growth in Shanghai’s gold inventories, as well as moves by the People’s Bank of China to ease import restrictions and streamline gold acquisition. As Mike notes, China doesn’t export gold. They produce and hoard it.
This massive accumulation by central banks, especially those in emerging markets, is a clear signal: they are preparing for a new financial era—one where gold (and likely silver) play a central role.
Real Interest Rates and the Fed’s Losing Battle
Another catalyst Mike covers is real interest rates. By any honest measure — whether using government CPI or ShadowStats — real rates are deeply negative. That has historically been rocket fuel for gold and silver.
And now, Fed futures show nearly 100% consensus that interest rates are going down again. Rate cuts are coming, possibly fast and deep. In this environment, precious metals historically perform exceptionally well, especially when inflation expectations remain elevated.
Silver Is the Asymmetric Bet of This Decade
Mike Maloney’s video isn’t just about silver. It’s about a financial system on the edge, a population waking up, and a moment in history that could reshape wealth for those paying attention.
Silver remains one of the most asymmetric opportunities in the market today: high upside, limited downside, and real-world use cases that keep demand alive.
If you think you missed gold’s move, think again. Silver may still be asleep — but not for long. Watch Mike’s video for the full story.
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People Also Asked
Why does Mike Maloney believe silver could hit $200 an ounce?
Mike Maloney argues that silver, when adjusted for true inflation (not government-manipulated CPI figures), would need to reach $200 just to match its previous inflation-adjusted highs. He calls this the “CP Lie” and believes we’re already in the early stages of a rush where silver could easily spike to that level—if not far higher.
What makes today’s silver market different from past bull runs?
Unlike the 1980 bull market, today’s silver market has a vastly larger potential investor base. Mike points out that 18 times more people can now legally access gold and silver, there’s 55 times more currency in circulation, but only twice as much gold mined. The global scale and accessibility make this setup uniquely explosive for silver.
How are China and central banks impacting the gold and silver markets?
China and other central banks are quietly stockpiling gold at unprecedented levels, often underreporting their true reserves. China, in particular, has eased gold import restrictions and is hoarding, not exporting, the metal. This coordinated accumulation signals a shift toward precious metals as foundational monetary assets—and could drive up both gold and silver prices.
Why are negative real interest rates bullish for silver and gold?
Real interest rates—interest rates adjusted for inflation—are currently deeply negative. Historically, negative real rates create ideal conditions for precious metals to rise. With rate cuts expected and inflation remaining elevated, Mike believes gold and silver are positioned for a strong multi-year bull run.
Is it too late to invest in silver in 2025?
According to Mike Maloney, it’s not too late—it may be the perfect time. While gold has already moved, silver remains significantly undervalued and is just beginning to catch up. With macroeconomic pressures building and global demand rising, silver may be one of the most asymmetric opportunities of the decade.
