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The Coming “Great Taking” of Assets

Mike Maloney and Alan Hibbard analyze the intriguing book “The Great Taking”, which offers a sobering account of the potential consequences of the next financial crisis. The authors point to the overleveraged derivatives market underpinned by securities dependent on a strong working class. If the working class falters, it could create a cascading crisis leading to bank failures and a consolidation of assets by surviving big banks. This threatens the “you’ll own nothing and be happy” dystopian scenario. The book also explores the stagnant velocity of money in the U.S. economy, suggesting major underlying issues have been worsening for decades. Overall, it presents a stark warning about the fragility of the system and how ordinary people stand to lose assets with little legal recourse in the next crash.

Mike Maloney is more than just a legend in the precious metals industry. He’s on a mission to help everyone maximize their individual prosperity. Mike is best known as the host of the hit video series Hidden Secrets of Money and his extremely popular YouTube channel which has over 100 million views, where he reveals the truth about money, currency, and the flaws in our monetary system. Mike’s also a best-selling author of Guide to Investing in Gold and Silver, and The Great Gold and Silver Rush of the 21st Century. For nearly two decades, Maloney has traveled the globe, sharing his deep insights into economics and monetary history with diverse audiences, from Silicon Valley tech gurus to Wall Street financiers, and from Hong Kong business leaders to Roman scholars.

Subscribe to Mike’s YouTube Channel for tons of free content. Or check out Mike’s latest book right here.

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Michael G.

Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.