Trump Honeymoon in Markets Will End in 2017-Mike Maloney

mike-maloneyBy Greg Hunter’s USAWatchdog.com

Precious metals expert Mike Maloney says the rise you have seen in the stock market since Trump was elected will end sooner than later. Maloney explains, “Trump is probably, in the long term, going to be better for business. That’s the reason the stock markets are going up and the dollar is going up. So, gold is going down. However, this is a love affair that will probably last three to six months, and by April or May, you’ll probably see the markets topping out. We are already more than seven years into this economic expansion. The last recession started in 2008 and ended in 2009. So, we’re over seven years into this expansion, almost eight. It’s becoming the third longest economic expansion in history. . . . This recovery that we have had has been purchased for $3.2 trillion of base currency creation. That is four times what we produced in the previous 200 years as far as base currency goes. This recovery was a purchased thing, and we are near the end of it. It can’t go on forever. . . . We are in that rarified territory, the nosebleed territory, when a crash happens, it’s a big crash. We are just right around the corner from a recession. It’s just not possible to have an economic expansion that goes on forever when you have a fiat currency system, and a debt based monetary system.”

On gold and silver being shamelessly and illegally suppressed, Maloney says, “The great news, and everybody thinks this is all bad and there is an opposite side to everything, you get to buy gold and silver at an artificially suppressed price while this is going on. When it’s all over, it won’t be suppressed anymore, which means far higher prices. . . . The long-term manipulations will come to an end. . . . We are seeing a perfect storm develop, and it’s been developing for a few decades. There will be a time when shortages will be enormous.”

Maloney says we have seeing bubbles in stocks, real estate and now in bonds. Maloney contends, “The bond market is in a 35 year bull market, and I don’t know how this can continue on forever. . . . I am expecting when this next recession starts, it’s going to be a deflationary event. In deflation and a crisis, you are going to see investors run towards safety . . . and bonds get one last pop. They are going to run to U.S. Treasuries and gold and silver. Those are the safe havens. Then people are going to realize, in this rarified territory, that bonds are not a good deal. You are going to see one last pop in the bond market before all hell breaks loose.”

Maloney warns that we may see deflation, but the end game for the Fed is inflation, and that is theft. Maloney says, “When they inflate the currency supply . . . this is the most immoral act because they are stealing portions of our lifetimes. Slavery is no longer legal. That was when they were stealing present life moments. Now, they steal past life moments. The whips and the chains still exist, you just can’t see them.”

Join Greg Hunter as he goes One-on-One with Mike Maloney, founder of GoldSilver.com.

(There is much more in the video interview.)

After the Interview:

1aaaaaYou can find free information, videos and analysis on GoldSilver.com. To buy a copy of Mike Maloney’s updated best-selling book titled “Guide to Investing in Gold & Silver,” please click here.

Comments
  1. Dan

    SILVER MARKET MANIPULATION (Graphic & Video):

    Here is the recent video and chart showing the monumental silver manipulation:

    VIDEO: Silver Investing Manipulation: The Truth On A Timeline – Mike Maloney
    https://www.youtube.com/watch?v=F1rKu7wvIXc

    CHART: http://www.goldchartsrus.com/chartstemp/MarketManipulation.php

    I love this chart which has all the annotated chat transcripts of the bankster traders in real time when they are telling each other to smash the market. Unbelievable folks!

    I’d really like to see an equivalent chart for GOLD, as it would be even more insidiously revealing.

    I’ll guarantee you the regulators will never really go after these banks (just slap on the wrist fines).

    • Greg Hunter

      Thank you Dan.
      Greg

      • Concerned american dad

        Ok Greg, so all this affirmation that there was collusion in metals pricing- what has come if it ? Nothing really, huh? I like Mike Maloney’s educational videos and have learned a lot from them, but all this talk of a collapse is getting old and loosing it’s bite. It’s always dangled just out of reach. Now it’s “3-6 months” and “maybe” “could be” “possibly”…….. “Any rate increase will cause turmoil in the markets”, well they finally nudged it a tad and after a slight hiccup in the Trump Rally rip-up futures are heading back up again this morning. Gold got slammed down aboot $25 yesterday and i just looked and it is down another $33 this morning?!$&@
        So- THEY are still quite handily in charge.

        • Sam Hill

          I’m sticking with David Morgan’s recent prediction –
          “Something is going to happen in the next four years.”

          • Rodster

            I’m sticking with David Morgan’s recent prediction –
            “Something is going to happen in the next four years.”

            ————————————————————-
            Peter Schiff has been saying that Obama won’t finish his term in office without the eCONomy imploding. Looks like Peter may want to reassess that prediction.

            I’m with CAD, that all these predictions are beginning to lose their bite. The system is too rigged and those running the show probably have more tricks up their sleeves than we have years to live.

        • Charles H

          I understand the fatigue; I have skin in the game. Both you and Sam are in the same trap: looking for an event horizon. It won’t be found.
          The Game is on because it is power – and no one lets go of it: it’ll play until it can’t. This is like looking for the return of Jesus Christ in the clouds. In college, I thought I’d never see it in my natural lifetime. Lately I thought I would. Now, again, I’m not too sure. WILL He come? Absolutely! When will that be? No idea; but I will occupy until then. Will an Economic Crash come? Oh yeah. But I will slowly and surely ready myself. Why? Prudence and judgment. Things can go wrong very quickly.

    • ross

      The system has been manipulated by debt money creation for decades,the only difference is the degree. With the existence of Exchange Stabilisation Fund ,the 2008 bailouts were totally unnecessary. The system now is far more unstable than 2008 yet the counterfeiters can patch holes on a whim and keep the faith in this treacherous system.
      The bankers wanted the US people in total debt enslavement and they achieved that goal.
      It is a mathematical certainty that this system going down. Our elite criminals are changing their plans in the hope of a victory. What was once a certainty in their eyes, is now their nightmare of justice for the people.
      Is Trump the real deal for freedom of the West,? I really don’t know but he is stirring the swamp of evil /corruption and that cannot be a bad thing.
      So stackers ,stop whinging about the performance of your choices and rise to the courage of your convictions. Our Central Bankers had a plan to own the planet over 100 yrs ago ,yet our stackers become weak kneed and doubtful after a mere 8 yrs of market volatility .
      Reap what you sew.

      • Charles H

        The idea that there are a few, special and deserving ones who can lead, and the rest are incapable themselves – is the lying, demonic pretext to run ruff-shod over everybody. The mechanism of “money” is simply the best method of control. Years of prosperity and ease have made Americans a bit ‘sqwudgy’ about the loins. (Sew – needle and thread// sow – seed thrown)

      • sk

        rip what you sew, but reap what you sow…

    • Bob

      Martin Armstrong is the only guy worth believing in

  2. Anthony Australia

    They will squeeze every last cent from us.
    Fake prosperity followed by ultimate capitulation!

    • Charles H

      Something like that.

  3. Anthony Australia

    Fellow Australians, for those old enough.
    Do you remember this advertisement?

    https://youtu.be/93q5_8olpPs

  4. FC

    Greg, I’ve noticed the changing opinions of many regular bloggers on this website towards the warnings your guests have provided over the years about the economy.

    And I’m sure with this interview with Mike Maloney, the knifes will be out, calling him a Profit of Doom, because he sells gold, while the Dow reaches 20,000.

    These bloggers seem to forget or don’t realize that, Precious metal is an insurance policy, not a quick get rich scheme……..when they mention $10,000 an ounce for Gold, they fail to mention a gallon of fuel will probably be around $80……….now, that’s a lot FANG’s shares to unload to fill your vehicle.

    I wonder whether these same people verbally abuse their insurance companies when their homes don’t burn down during the period of their policies?

    • Tin foil hat

      FC,
      “I wonder whether these same people verbally abuse their insurance companies when their homes don’t burn down during the period of their policies?”
      Lol, that’s a good one. I have to admit that I bought a little too much insurance in 2009 but I’m happy that I have been wrong so far.

    • Jerry

      FC.
      That’s a really good point. Do you know what you call someone who prepares for the worst? Some would say a prepper. I say being responsible.

    • 8Ball

      If the economic situation goes critical they will not try to confiscate your PM’s, (too much bother) they will just outlaw (make illegal) ownership. If you can’t trade it then what is your “stack” worth?

      • Charles H

        So far – no one has completely eliminated Black Markets.

    • Dot .

      All I can say is, up here in the US states is Bonds, James Bonds!

  5. BetterChetter

    When I was a personal trainer, I’d hear references to the ultra-bulky “Muscle & Fitness” magazine as ‘the comics’ – as people were so out of proportion to the average man/woman on the street, that it was ridiculous.
    Now as an investor, the US Stock Market is a version of ‘the comics’, with all the collusion & artificial stimulation (steroids) of an economic system running out of control.
    Thanks, Greg, for bringing on guests who try to interpret the signs of a once proud stock mkt – once able to be analyzed and forecast, but now mostly mis-interpreted.

  6. The Emerald Isle

    Anthony Australia 12/13/2016 •
    http://www.theage.com.au/federal-politics/political-news/future-of-the-100-note-up-for-grabs-as-government-targets-undeclared-cash-payments-20161213-gtakk5.html

    and this……………..

    This is really getting close to home Anthony! Up here in the U.S., we must be next!

    • Anthony Australia

      Scary

    • WD

      Isle
      This is what is driving bitcoin higher and higher. A currency controlled by people not illegal banks.
      I was against bitcoin but not anymore. I’m all on board now….

  7. MAL

    Hi Greg,
    Mike is a great guest. It was interesting to hear him talk about the inconsistent responses of the stock market to shifting polls before the election. Given that every day there are more stock shares traded by computer than by people the headlines are obsolete. They should read “Algorithms Buy” or “Algorithms sell”. These algorithms are proprietary and we don’t really know how they make their decisions. It’s a disturbing reality that “real” people can be enriched or wiped out by a go to statement or a subroutine responding to polls or some political event.

  8. Jerry

    Greg,
    Thanks for having Mike Maloney on. He is one of the few economist that truly understands how the central banks manipulate the markets and how far down the mine shaft we have gone.

    Having said that I’m going to go out on a limb and tell you exactly why the central banks have been manipulating the markets, and why they have built an alternate economic construct with the Chinese. The truth is our current economic system that was built through the Bretton Woods Agreement is on debt overload and has to be reset. Does that mean they will be successful in their attempt? I honestly don’t know. But what worries me the most is that the central banks have sold their pitch to the globalist like Hillary Clinton and her ilk who see this as an opportunity to transform the world to a global community.

    Donald Trump may have won the election, but the central banks still control the markets and the globalist control our government. In my opinion there is no way in Gods green earth that they will ever let him expose them by allowing him to take office January 20th. My advice. Prepare as hard as you can, and make sure you’ve got all of your bases covered . For example: What will you do for heat when its -10 degrees, and the power suddenly goes off, or is shut off. Unless you live in Florida, or have another heat source, you’re screwed. But here’s another option.

    https://jet.com/product/detail/35fb83ae3053472f8d79739df5ad984d?jcmp=pla:ggl:gen_sporting_goods_a1:outdoor_recreation_camping_hiking_sleeping_bags_a1_other:na:PLA_345660300_23686976460_pla-164434057980:na:na:na:2&code=PLA15&ds_c=%5B*Campaign*%5D&ds_cid=%5B*CampagnID*%5D&ds_ag=%5B*Adgroup*%5D&product_id=35fb83ae3053472f8d79739df5ad984d&product_partition_id=164434057980&gclid=CPaU4e7T89ACFRCRaQodwBEJpw

    • Matt In Pa

      Getting bad vibes too.

      • Paul ...

        Why aren’t our intelligence agencies out investigating what Hillary is doing to rig the election results in her favor??? … does she actually believe in her warped mind the American people will just allow her to take office by using “Death Threats” against the electoral college??? … instead the CIA is out chasing Putin for bringing “truth” to the campaign … by neutralizing the pro Hillary MSM “fake news” so a better informed public can make their choice … the CIA finds “weapons of mass destruction” around every Bush yet doesn’t say anything about the Hillary using “Death Threats” to rig this election in her favor??? … http://www.zerohedge.com/news/2016-12-15/bullet-mouth-trump-electors-flooded-death-threats

      • John

        Agreed

  9. andyb

    Greg: a big take from this interview is that the only wealth that you can rely on is physical possession of gold and silver. Everything else can be controlled to your detriment. What has always been money for millennia will still be money under any future scenario. And, as long as there is a 2nd Amendment, there is not likely to be a door-to-door confiscation by a tyrannical government.

    • Tin foil hat

      andyb,
      I don’t think the 2nd Amendment will deter confiscation since FDR had already set a precedent. However, I do agree there is not likely to be a door to door confiscation for the reason that there simply aren’t a whole lot of folks who own gold here in America.
      I don’t think the government will confiscate gold thru taxation either because that will make privately held gold disappear or go underground.
      The government will likely go after the gold in the ETFs and mining companies.

      • Charles H

        The Kennedy’s are rumored to have disobeyed and hoarded during the 1933 Confiscation. Law has always been a two-tier system: those who believe in obeying them; and those who don’t.

    • Tin foil hat

      I just read Shadow of Doubt’s comment regarding institutional theft. That is the confiscation that folks have to worry about. Unlike the 30’s when most of the people’s wealth were stored in gold or gold certificate (dollar), people’s wealth are stored in pensions, 401K, stock markets and other paper instruments or obligations like Social Security.

  10. Shadow of Doubt

    Institutional theft, corruption and fraud abound throughout the world:
    Fort Worth has joined Dallas as two of the most recent large cities to either withhold their pension pay outs or to admit their funding reserves are woefully inadequate.
    In India, the war on cash, is now being called Modi’s “hunt for taxes”, tax thugs have now been given considerable latitude as to where they can go and what they can confiscate.
    The UN now puts Venezuela’s hyperinflation at 325%, other sources say it could be as high as 720%.
    The website, whatreallyhappened.com, reminds us that even our Constitutional scholar has taken 2.6 million dollar from the Veterans Administration to finance resettling ME refugees into this country.
    So while you might not see the “whips and chains”—our founding fathers made it crystal clear that all “governments” are force and are subject to over reach.

  11. Russ

    Thank you Greg. Mike Maloney has become one of my favorite interviewees; this was an informative/educational 43 minutes.

    I really understand his perspective on the current event news being “noise”, but then he turns around and gives a quick history lesson, really puts it all in perspective … and he’s right, gold at $5000 because PM manipulation by the bullion banks ended would be a great thing; gold moving through $5000 toward $10,000 because of tensions between the U.S./NATO and Russia would not be good.

    BTW, his discussion about crypto-currencies was very informative. This is the first time I I could see them in a positive light — very interesting.

    Thanks again.

  12. Jerry

    Greg,
    If the Fed raises rates, the emerging markets of the world (more specifically the China) will be forced to play their hand.
    http://www.scmp.com/news/china/economy/article/2054482/why-should-beijing-be-nervous-about-us-fed-just-look-what

    What might that be you say? A complete separation from the dollar and a gold price fix to back up the Yuan and the IMF SDR. Insane idea? Well just how many times do you think they can devalue their own currency before they collapse their banking system?
    Americans are naïve to think that in the face of a possible import tariff under Donald Trump, that they would be willing to absorb an interest rate hike too. Its simply not going to happen.

    • Major Payne

      Dude, you are so boring. The dollar is heading higher, as is the stock market.
      You will find that this Gold price fix will be a long time a-comin’.
      You keep beating the same old drum. Several times a week. Without fail. Yawn…

      • Frederick

        Not really Jerry has foresight I just read that China is dumping trasuries at a record clip so he just might be right in the end Look how they laughed at Peter Schiff in 2006 on all the fake news shows like Bloomberg only to be forced to eat crow when he was proven correct Enjoy this dollar rally while you can but beware

  13. john duffy

    This video is a must watch:
    https://www.youtube.com/watch?v=5PBNjaeG400

    • Justn Observer

      John… yes great interview with Perloff… and here is more background on the nuclear tradeoff by Major Jordan …
      HISTORICAL PRESPECTIVE BY MAJOR JORDAN: https://youtu.be/BCiylpzR60U
      PHONY 2 RED PARTY SYSTEM: https://youtu.be/9gvV27KDcAM

    • Hatemail

      Some news is fake, some is pure paranoid BS.
      Wake up!

  14. Robbie41

    Keep your eyes to the skies.. Look-up & you will see the truth..

  15. flattop

    GREG: Is Jim R still standing by his 1/1/17 economic prediction??

  16. Justn Observer

    Greg & Mike, Great interview ! Always taking us to school…Thanks !
    Mike’s shares he mentions –
    BERNAKE”S FED PLAN :https://youtu.be/Q3BjMUd391c
    RUSSIA : https://youtu.be/L6hIlfHWaGU

    • Greg Hunter

      Thank you Justn!
      Greg

  17. MATT

    HI GREG

    METALS UPDATE-

    1165-1150 USD GLD

    FLAT with a possible LITTLE up
    MAJOR RISK DOWN

    PLEASE COMMENT IF YOU WANT MORE INFORMATION!!

    • MATT

      1165-1115 USD GOLD **

  18. DeepState News

    EXTRA: EXTRA. . . . .
    [The Deep State New World Disorder New Cold War and Last Stand] https://audioboom.com/posts/5394030-tales-of-the-new-cold-war-obama-the-democrats-allege-trump-tillerson-have-kremlin-ties-stephen-f-cohen-nyu-princeton-university?t=0

  19. R B

    Greg, good show with Mike M. I love the way he teaches, Just wanted to pass something along ,I heard from a man who came through the great depression. He said it was almost impossible to make a dime from work .They were on a barter system . He said ,but you could run white lightning and get a dollar a gallon. It’s not difficult to realize when we get desperate we more easily do desperate thimgs. God help us to be faithful .

  20. DeepState News

    Three Risks as Obama Politicizes the Intelligence Community about the Election. David Shedd, @heritage

    https://audioboom.com/posts/5394380-three-risks-as-obama-politicizes-the-intelligence-community-about-the-election-david-shedd-heritage?t=0

    The Deep State Ge0rge Soros’s Puppets Hillary Clinton Barry Obama throe the dice

    Legal Win for Marine Who Sent Classified info as Warning
    http://video.foxnews.com/v/5238760193001/?#sp=show-clips
    Dec. 07, 2016 – 4:02 – Jason Brezler’s attorney weighs in on federal judge overturning discharge

  21. Mike from the North

    2017

    It does appear to some of us that 2017 will be remembered as the Book of Secrets Revealed.

    If you do not have an open mind and faith in a greater power….you may be ill prepared for what 2017 MAY bring upon us all.

    Just my gut feeling that we have entered into a process of realization and discovery.

  22. HankH

    Great interview, Greg.

    Anyone else monitor the growing Spreads between the Western ‘paper’ price and the Eastern ‘physical’ price of PMs? The Spreads are quite substantial and getting higher each week (especially today)…

    http://didthesystemcollapse.com/

  23. Horse with no Mane

    Donna Brazile and Hillary Clinton’s incompetence exposed in one glorious tweet
    Posted at 9:35 am on December 14, 2016 by Greg P.
    http://twitchy.com/gregp-3534/2016/12/14/donna-brazile-and-hillary-clintons-incompetence-exposed-in-one-glorious-tweet/

  24. Jerry

    Greg,
    I’m posting this information as a service to you and your readers who are awake and paying attention. I cannot validate the accuracy of this information so please take it with a grain of salt. But considering the complexity of our situation post election, with the supposed Russian hacking debacle and the sway of the elector college currently being perpetuated by the globalist, it is not out of the realm of possibility.
    https://youtu.be/wR_JOvxFSK8

    Maybe Gina knew something after all.

  25. red

    Hi Greg,
    Just a short message, I’ve always held that the market will be punked when the
    banks have the perfect straw man & the retail investor is suckered back into the market.both those things’ have happened…Straw man> Trump> volume back on the Dow> check …JMO but ……

  26. Bill

    GREG: Having listened to Greg M yesterday talking about normal, and then listening to Mike M today, I am wondering ” what is normal”. Our nation has been in the last ten years so chaotic, please tell me what normal is???

    • Greg Hunter

      Bill,
      Fraud and lies are the new normal. Protect yourself with real assets and the truth.
      Greg

      • Charles H

        Yea, and Amen.

    • Jerry

      Bill,
      Normal is defined by the religious principles. This country is morally bankrupt, soon to be economically bankrupt. Forget the swamp. The only thing being drained is you bank account.

  27. c romana

    At 30;30 there is a shocking moment when Maloney clarifies how we are enslaved by money creation/printing. Money represents our labor, and what it is worth, so if it is printed/created out of thin air, our labor is being stolen. The money we have earned is worth less. Our labor is stolen, so we are enslaved.

    • Charles H

      Exactly true. Slavery in equivalence.

  28. J W

    It’s time for some Denninger action Greg. He’s by far the most intelligent guest you get on your show in my opinion!

  29. Deep Creep

    FT conducted an interview of George Soros in which he subtly laid out the banksters’ post-crisis plan for ushering in the NWO. When a reader first passed me a link to the interview, though, I couldn’t believe my eyes. I thought it might be faked, so I did some checking on its authenticity and found out it was actually real. Here was George Soros — who is unquestionably a Western elitist even in the eyes of the most ardent Kool Aid drinker — speaking of using China to bring in the New World Order.

    http://redefininggod.com/george-soros-and-the-china-fronted-nwo/

    Buying Political Power

    Most Americans think of old sour puss, sore assets George Soros as dangerous. That he wants to bring big change to America, Obama [his puppet] on steroids. The deepest Deep Stater, albeit the only honest one and you’ve got to give him credit for that.
    What the people don’t realize is that what he does is completely legal under current law handed to him from none other than war hero John McCain [another Soros puppet, albeit a stupid one] through his McCain-Feingold Act and what an act they foisted on we the sheeple!
    George Soros exposed!
    https://www.youtube.com/watch?v=BO8pFBDSLPI

    • Tin foil hat

      Deep Creep,
      Now it makes sense why Trump seems to be more hostile toward China than Russia. Trump and Putin are nationalists who will instinctively fight the NWO. If China were cooperating with the western banking elitists to bring forth the NWO, it makes perfect sense to me.

  30. Z

    There is pressure on electorial college voters to vote against Trump. This is predicted to end his Presidency before it starts and throw the US into a constitutional crisis.

    I’ve also heard Dave Hodges on the Hagmann and Hagmann report say this.

    https://www.youtube.com/watch?v=e8SKVC6VxNU

  31. notyourpatsy

    Mr Greg Hunter,

    Why am I not surpised by this revelation? This is not something your average readers will ever know without my bringing it to your attention. I think you should consider reposting this on your WD site for readers eyes to be further opened by the banking scandals that have apparently been going on for DECADES AROUND THE WORLD!! , Pat/ Notyourpatsy

    fraudulant
    Listening to the news this morning about the fraud at Wells Fargo bank reminded me of a similar incident that took place 35 years ago. I had just arrived in the US and was working at Hood Sailmakers. We had chosen Hood to be the sailmaker for our Whitbread Round the World campaign. This was early 1981 and my friend Skip Novak and I had found a German banker to fund the build of a brand new Frers maxi for the race. The boat was being built at Palmer Johnson in Wisconsin and Skip was there overseeing things while I was in Marblehead overseeing the build of the sails. It was all good; until it wasn’t.

    The boat was a sister-ship to Flyer, the boat that eventually won the Whitbread that year. It was 80-feet long and we planned to paint it black and call it World Navigator (long story where the name came from – probably best saved for another blog). I spent some time at the yard and could visualize this massive boat careening through the Southern Ocean and it was a thrilling thought. Back in Marblehead 22 new sails were being built. Yup that’s how it was back then, a sailmakers dream.

    We were about a month from launching when Skip called. “Not sure what’s going on,” he told me. “But see if you can slow things down a bit there. We might not be needing the sails just yet.” Apparently the accountants at Palmer Johnson were not getting any response from the owner when looking for the final payment on the boat and there was panic in the land. I was told later that it was a substantial amount of money but in the end they never got paid and neither did Hood Sails. For that matter neither did Skip and neither did I.

    Here is the story. The German banker was an executive at Deutsche Bank in Frankfurt, very high up, in fact if I remember correctly he was one or two levels below Chairman. It seems that our German banker benefactor was issuing loans to customers of the bank who had not requested them and who had no idea that they had loans in their name. The banker was issuing new loans to pay off the old ones and the scheme had been going on for a number of years. Then one day someone that worked at the bank noticed that their mother had taken out a substantial loan and innocently asked her why she had not come to him as he could have helped get a better interest rate. Of course the mother denied having taken out any loan which puzzled the son who could see on the banks books that her name was on the loan and that she had been paying it back for a number of years. At first the banker thought that his mother was just embarrassed to have taken on such debt and was keeping it a secret from him. That was until the son noticed that his brother also had a substantial loan from the bank and he too denied taking out the loan. Both loans had been issued by the same banker and yes you guessed it, the same banker that was the person that was funding our Whitbread campaign.

    The banker was such a respected person within the bank that instead of confronting him about the loans, Deutsche Bank executives called a Board Meeting to discuss how things might have gone wrong. The story I was told was this. Our banker benefactor was on the Board and he was told the reason for the meeting, but he was no fool. He knew that the gig was up and before lunch, and before anyone could ask him a direct question, he and his family were on to their new life in Brazil. They hit the runway in Rio before anyone at the bank knew that he was gone and as far as I know he lived out the rest of his life listening to samba music and spending those millions that he had been squirreling away there for decades.

    World Navigator was eventually sold to a Greek tycoon and the sails that Hood had put on hold were finished and delivered. Skip and I joined an American Whitbread effort and raced one of the slowest boats around the world. The boat was called Alaska Eagle but it was dubbed Alaska Beagle by the rest of the fleet because it was a dog. Such is life…-Brian Hancock October 4th, 2016 http://sailinganarchy.com/

    • DB Cooper

      Pat, Thanks for the story … DB

    • Tin foil hat

      not yourpatsy,
      Thanks for the great story. It’s funny that the names and time may have been different but the details are pretty much the same over and over ……

  32. Deep Creepy

    REVEALED: Michigan Recount Uncovers Serious Voter Fraud in Detroit- VOTES COUNTED UP TO 6 TIMES
    Jim Hoft Dec 7th, 2016 9:23 am 645 Comments
    More bad news for Democrats—
    Green Party candidate Jill Stein’s Michigan recount unintentionally exposed this major voting fraud scandal.
    http://www.thegatewaypundit.com/2016/12/revealed-michigan-recount-uncovers-massive-voter-fraud-detroit-precincts/

    This isn’t voter fraud, it’s election fraud. Perpetrated by the Democrats. To call it voter fraud is to imply ordinary citizens were in on it. This was a crime committed against us by the establishment… If these were Trump votes you would be screaming to recount everywhere. I would love for them to recount every major city especially LA an NYC [Shows wisdom of the founding fathers giving us the electoral college, with all the fraud and treachery]. If this is any indication of democrat trickery then i really doubt HRC won the popular vote, especially if you were to actually count the true vote of only eligible voters.
    No dead people, no felons, no criminal illegal aliens, no counting 1 vote as 6.
    But of course the left would NEVER agree to that, just as they fight voter ID. With bullcrap claims that its racist.
    Why do democrats need voter fraud/ineligible voters so badly? Most other nations require not only id but proof of citizenship to vote including Mexico, yet you don’t accuse them of being racist do you? No its only racist when it prevents voter fraud in the US.
    Its sad when the democrat party has to rely on trickery to win an election. Now they blame the Russians for exposing them. How can you fault them, if they did? Hitlery Clinton said she wasn’t afraid to start a war with Russia, WWWIII! And i’m sure they weren’t happy when she stole the nomination illegally from Bernie Sanders a fellow communist. The left wing Dem’s were caught with there pants down shafting Bernie from getting the nomination, then had to fire Rep. Debbie Wasserman Schultz (D-FL) chair of the Democratic National Committee (DNC), the day before the party was set to kick off its national convention in Philadelphia.

    In Detroit discrepancies meant officials couldn’t recount votes in 392 precincts, or nearly 60 percent. And two-thirds of those precincts had too many votes.

    “There’s always going to be small problems to some degree, but we didn’t expect the degree of problem we saw in Detroit. This isn’t normal,” said Krista Haroutunian, chairwoman of the Wayne County Board of Canvassers.
    State officials are planning to examine about 20 Detroit precincts where ballot boxes opened during the recount had fewer ballots than poll workers had recorded on Election Day.

    The Detroit News last week was first to report that more than half of Detroit would be ineligible for the recount because of the irregularities. The results were based on county reports obtained by The News.

    Republican state senators last week called for an investigation in Wayne County, including one precinct where a Detroit ballot box contained only 50 of the 306 ballots listed in a poll book, according to an observer for Trump.

    http://video.foxnews.com/v/5184307269001/?#sp=show-clips
    Should voters be concerned about machines linked to Soros?
    Oct. 25, 2016 Former Lt. Governor Betsy McCaughey sounds off about the balloting equipment provided by a company tied to the billionaire

    ‘Make Soros happy’: Inside Clinton team’s mission to please billionaire
    http://www.foxnews.com/politics/2016/10/27/make-soros-happy-inside-clinton-teams-mission-to-please-billionaire-vip.html

    http://video.foxnews.com/v/5248633857001/?#sp=show-clips
    Dec. 14, 2016 – 6:55 – Tucker Carlson takes on one of the first lawmakers to call for bipartisan investigation into alleged Russian meddling in the 2016 election #Tucker

    Russian hacks highlight America’s aging IT infrastructure
    Dec. 14, 2016 – 2:31 – The cost of caring for the ancient equipment is high and the workforce is aging too; Peter Doocy has the story for ‘Special Report’
    http://video.foxnews.com/v/5248537717001/?#sp=show-clips

    This reminds me back in school days. The teachers were striking getting much more money. The school system was going broke and our desk’s book’s and the buildings were falling apart. Like the USA today! As our elite and their servants the politicians get richer the infrastructure go’s to hell in a hand-basket!

    WELL THERE YOU HAVE IT, FIRST BLAME THE TWO JOE’S, JOE THE PLUMBER AND JOE SIX-PACK. THEN THE ELECTORAL COLLEGE. THEN PUTAN. WHY NOT BLAME THE ONE WHO’S FAULT IT REALLY IS. IT’S THE DONALD HIMSELF, ALL THE SCANDALS COULDN’T KEEP THE TRUMPSTER, IN THE DUMPSTER, OR OUT HILL’S BLUE WALL!
    WE CANT FORGET MICHAEL SAVAGE THOUGH, WHO IS TRULY HURT NOBODY BLAMES HIM FOR HILLARY’S DEFEAT AND DONALD’S WIN.
    SO WE HEAR AT USAWatchdog.com unofficially blame Michael Savage of the Savage Nation for saving all of western civilization! Pip Pip Hurray, Pip Pip Hurray and of course, all that rot!

  33. Cobo Hall recount; Detroit

    https://www.facebook.com/rick.crider.7/posts/10208302839712897 On The Street Report!

  34. Uma

    Dear Greg,

    let me answer your question about “the war on cash”, “the India/Venezuela thing”, the Euro, ….. and in the end the dollar (which are already tools of control).

    So the answer is:
    Let me issue and control a nation’s money and I care not who writes the laws.
    (by .x.y. Bluesword, Banker)

    You can pick around in the mess they create here and there, there is no sense questioning “what xy/India is doing.
    The overall picture is, its a take over of the control of money worldwide by the(central/banks) – at leat they try.

    It looks like “they” succeed.

    • Jamarcus

      Uma,
      I really think you got it, down cold.
      Everyone should realize that the bankers control
      it all. Governments and their central banks. You
      wean the politicians on the paper and promise to
      fed them more by being complicit in turning the
      population into slaves. yes we are all on the plantation
      and made to believe that we are free. We are here to serve
      our masters by working and paying taxes. We are saddled
      with our countries debt, student loans, credit card debt, mortgage
      debt, and some with medical debt. All interest paid on these debts is
      then paid to our masters. The solution is starve the bankers carry little
      to no debt. Pay cash where you can. Remember wants vs. needs. Take
      care of your needs and save for your wants.

      • sk

        Uma and Jamarcus! They DID warn you, though. Deuteronomy 15:6 and 28:>12-13

  35. Anthony Australia

    Mike Maloney really impressive

    https://youtu.be/Q3BjMUd391c

  36. T.L. Hains

    Soros money tried to exploit Pope’s US visit to influence 2016 elections
    http://www.catholicnewsagency.com/news/soros-money-tried-to-exploit-popes-us-visit-to-influence-2016-elections-15985/

    CRIMINAL JUSTICE
    George Soros’ quiet overhaul of the U.S. justice system
    Progressives have zeroed in on electing prosecutors as an avenue for criminal justice reform, and the billionaire financier is providing the cash to make it happen.
    By SCOTT BLAND
    http://www.politico.com/story/2016/08/george-soros-criminal-justice-reform-227519

    The Real Reason George Soros is Trying to Affect The Election Should Terrify All Americans
    https://americanlookout.com/the-real-reason-george-soros-is-trying-to-affect-the-election-should-terrify-all-americans/

    DC Leak Exposes Top Clinton Donor George Soros Manipulating Elections
    Billionaire investor buys access to high-powered Democrats
    By Michael Sainato • 08/15/16 1:00pm

    One of Hillary Clinton’s biggest donors, billionaire George Soros, has been exposed in a massive hack for manipulating elections in Europe via his non-government organizations. http://video.foxnews.com/v/5248693795001/?#sp=show-clips

    Everybody wants proof Putin exposed this info, does anyone need proof Soros is trying to reshape the w o r l d, let alone rule it!
    THE WHOLE ENCHILADA!
    https://www.google.com/search?client=opera&q=What+about+George+Soros+influencing+the+us+election%3F&sourceid=opera&ie=UTF-8&oe=UTF-8
    _________AMBITION
    He who ascends to mountain -tops, shall find
    The loftiest peaks most wrapt in clouds and snow;
    He who surpasses or subdues mankind,
    Must look down on the hate of those below.
    __Byron

    http://video.foxnews.com/v/5248693795001/?#sp=show-clips
    Miller Time

    EXTRA, EXTRA, STOP THE PRESSES!
    Wikileaks figure says ‘disgusted’ Democrat leaked Clinton campaign emails!
    “Neither of [the leaks] came from the Russians,” said Craig Murray, former British ambassador to Uzbekistan and a close associate of Wikileaks founder Julian Assange. “The source had legal access to the information. The documents came from inside leaks, not … more >
    http://www.washingtontimes.com/news/2016/dec/14/craig-murray-says-source-of-hillary-clinton-campai/

  37. Carl Boone

    Bromance of Trump’s Rex Tillerson of ExxonMobil and Putin’s Igor “Dark Vader” Sechin of Roseneft. @joshrogin, WashingtonPost.com
    https://audioboom.com/posts/5394336-bromance-of-trump-s-rex-tillerson-of-exxonmobil-and-putin-s-igor-dark-vader-sechin-of-roseneft-joshrogin-washingtonpost-com

  38. Tin foil hat

    Grey,

    I always like to study the works of gold bashers to make sure I’m not blindly following the path of the yellow brick road. I came across Marin Armstrong because one of the poster here, whose post I can’t track down, put up a link to his website – ArmstrongEconomics which stated the following:

    “The total gold bullion trade has averaged 4,000 tons annually for the past 10 years. One metric ton equals 32,150.7466 troy ounces. So we are talking about 128,600,000 ounces per year coming into the market place aside from recycled gold. The US Mint sells about 425,000 one ounce coins. This tends to put the bullion coins in perspective.
    The total gold supply annually is about two-thirds new mine production and one-third recycled gold according to the World Gold Council. ……….. Central Bank demand has fluctuated from 2% to 14% annually of total production and as budgets get worse, they will buy less and some will become net sellers.”

    https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/bankers-forced-out-of-metals/

    After reading the above quoted statement, I was aghast that the poster used his works to bash goldbugs.

    Armstrong claimed that the total gold bullion trade has averaged 4,000 tons per year coming into the market place aside from recycled gold???? for the past 10 years.

    If bullion trade meant bullion production, he is wrong. Global mine production of gold steadily rose after the 2008 economic crisis. In 2008, gold mine production worldwide totaled 2,280 metric tons and increased to estimated 3,000 metric tons in 2015.

    If bullion trade meant the total amount of gold traded, he is wrong again. Global production could barely meet global demand from 2011 to 2015 WITH recycled gold. From 2008 to 2011, global supplies, including recycled, couldn’t meet the demands of 4,000 tons per year.

    I also found something very intriguing. Gold production was 1,480 tons in 1970 before Nixon closed the gold window. It dropped to 1,250 tons when Ford reopened the window and stayed flat until 1980 when gold price shot up to the top of $800/oz.

    Production shot up from 1,250 tons to 2,590 tons in 23 years, averaging an increase of 58.3 tons per year AS GOLD PRICE WENT DOWN from 1980 – 2003.

    From 2003 to 2008, production went down from 2,590 to 2280 tons AS GOLD PRICE WENT UP – Paper gold (GLD) was introduced in 2004.

    https://pmtrend.com/supply-and-demand/gold
    https://en.wikipedia.org/wiki/Peak_gold#/media/File:World_Gold_Production_1900-2014.png

    Another beef I have with Armstrong is this; Central banks have been net purchasers since 2010 and Central Bank demand didn’t fluctuated from 2% to 14% annually of total production because of better or worse budgets. It’s insane to suggest that Central Bank will buy less or will become net sellers due to budgets. Only 12 countries hold more than 30% of their forex reserves in gold.

    P.S. China has less than 3% of their reserve in gold. U.S. hasn’t added an ounce of gold in the reserve since 1960.

    https://en.wikipedia.org/wiki/Gold_reserve
    https://www.jmbullion.com/investing-guide/james/gold-demand/

    • Tin foil hat

      “Production shot up from 1,250 tons to 2,590 tons in 23 years, averaging an increase of 58.3 tons per year AS GOLD PRICE WENT DOWN from 1980 – 2003.”

      I do consider price goes down as supplies go up and the lag time which the miners needed to increase production to meet the high price/demand in 1980. However, it doesn’t make sense that production kept going up for 23 years as the prices/demand went lower and lower. Production should have gone down gradually around late 80’s. Are all the mining companies stupid?

      “From 2003 to 2008, production went down from 2,590 to 2280 tons AS GOLD PRICE WENT UP – Paper gold (GLD) was introduced in 2004.”

      I suspect the main cause for the reduction is because of the introduction of GLD. This proves the miners can adjust very quickly to reduce production to meet the lesser demand of physical gold due to GLD. Once again, are they stupid? They should have ramp up production to maximize profits. Gold price ascended with the unlimited supplies of paper gold until 2008 when the concern of counterparty risk became popular. That is when gold production started to pick up again. This proves once again the miners can adjust quickly to increase production to meet higher demand of physical gold.

      My conclusion is that miners increase/decrease production not to maximize profit but to meet/surpass the demand of physical gold to suppress prices. I don’t think I am going to buy any more mining stocks.

  39. Goldblueberris

    Hey Greg, did you notice the Chem trails being sprayed in parallel strips this morning in greensboro to the Raleigh area… I have pictures of 4 jets criss-crossing the sky’s in the triad spraying chemicals. This is the 1st that I have saw them here.

    • Greg Hunter

      “Gold”
      It seems to have picked up lately. I wonder why the increased spraying??
      Greg

    • mikemm

      OMG! I am from Gboro and notice them this morning also. Yesterday they were also spraying, and yesterday was a cloudy day but you can still see them . I notice on a cloudy day, they are not as high.

  40. Kevin

    Folks who totally divested from the stock market and bought gold and silver at historic highs back in 2011 have sadly experienced considerable declines to their store of value, up to 40% and 75% respectively. No doubt precious metals will rebound at some point, as all markets go up and down. It is important to recognize that Maloney’s views are based on self interest. After all he is in the gold and silver business. No one has a lock on the future and it is important to take an independent, balanced and diversified approach to wealth management. There is a time for all asset classes and not all markets (e.g. real estate) are the same in all places. Do your homework and don’t be taken in by extreme positions, be it doom and gloom or unrestrained optimism. Beware of inerrancy, it’s bad for your health and pocket!!!

    • Tin foil hat

      Kevin,
      I’m fully aware that there is no guarantee in life. Gold will stay sub $1,000 if China and Russia come on board with the NWO.
      The new global reserve currency will be all digital and denominated in SDR. NWO will be a new cashless and borderless society. Gold is an insurance in case the people win the war against global domination by the banksters. I’m rooting for Trump and Putin.

    • Tracy Welborn

      Kevin;
      I’ve done my homework, I’m an accountant. And yes, we are in an extreme position here. We are on an unsustainable path – a curve cannot be maintained. Heck, there’s nothing that an stop it. We are at the point that we MUST increase our money supply and debt. What’s nice about math is that you don’t have to devlope an opinion – you don’t have to be concerned with interpretation or “inerrancy” as you call it. You diversified portfolio theory will eventually fail. Maybe you can time it right. I’m not that smart.

    • Tracy Welborn

      I’m not trying to be argumentive Kevin, or pile on, however, I would hate to see someone read your post and sell out of a position that could possibly save their lives. Therefore, please explain to me how the dollar can survive. Please use math, or at least mathmatical language. And no, there’s not going to be a 10 percent increase in GDP over the next 50 years – be rational. Heck you can be extremely optimistic, just be rational. I’ve asked a Merill Lynch person and a Morgan Stanley guy the same thing. They can’t. It can’t be done.

  41. DB Cooper

    Greg, Good interview with Mr. Maloney. I have to point out that I believe he misused the word paranoia as the definition is ‘ an unjustified fear and a form of psychosis ‘ and it seems to me that Russia has a lot to be afraid of now and hence that fear is in fact justified.
    Yours in Faith and Liberty, FN, DB.

  42. Mike from the North

    My 94 year old aunt clearly stated to me today that in 94 years she has never seen the World in such a state.

    She then went on to state that there was no easy way out of this mess.

    I responded by saying we can only fix this by bringing the truth to the surface.

    The pain that we are about to feel will be well worth it if justice gets done.

  43. Doug

    What about a massive class action lawsuit against ALL the bankers that have participated in screwing gold and silver owners? Out and out theft and manipulation means those harmed by their lies and manipulation should be compensated.

    Why should gold and silver owners sit back and continue to get screwed?

    • Tin foil hat

      DOUG,
      “Why should gold and silver owners sit back and continue to get screwed?”

      Anyone dares to challenge or mess with the hegemony of the U.S. dollar should expect to get screwed.
      Saddam Hussein foolishly thought France and Germany could protect him from selling his oil in euro instead of the dollar – he got screwed.
      Gaddafi didn’t know what he was messing around with. He believed we need him to keep Al Queda under control, lol. He wanted to sell his oil in gold back dinar during the dollar/euro panic in 2011 – he got screwed.
      Gold and silver owners are collectively messing with the dollar by choosing to save in PMs instead of the dollar. It’s only reasonable that we get screwed a little bit.

  44. paul

    Dear Greg,
    Aleppo did not fall, it was liberated!!
    Paul

    • Frederick

      True Paul liberated from a Western backed group of terrorists called whatever it is they are calling themselves this week

  45. Sparky#1

    Another excellent interview! Thank you, Mike and Greg. 🙂
    Regarding Bitcoin: IRS seeks–and gets–court authority to identify Bitcoin users and transactions anytime between 12/31/2013 through 12/31/2015, citing possible tax compliance concerns.

    http://www.forbes.com/sites/kellyphillipserb/2016/11/21/irs-wants-court-authority-to-identify-bitcoin-users-transactions-at-coinbase/#6f61a27340d1

    http://www.forbes.com/sites/kellyphillipserb/2016/11/30/court-grants-irs-authority-to-demand-identities-of-bitcoin-users-transactions-at-coinbase/#115c02b92fd8

    Excerpt from second article:
    “Principal Deputy Assistant Attorney General Caroline D. Ciraolo, head of the Justice Department’s Tax Division, said about the ruling, “As the use of virtual currencies has grown exponentially, some have raised questions about tax compliance. Tools like the John Doe summons authorized today send the clear message to U.S. taxpayers that whatever form of currency they use – bitcoin or traditional dollars and cents – we will work to ensure that they are fully reporting their income and paying their fair share of taxes.'”

    “IRS Commissioner John Koskinen echoed that sentiment, saying, “Transactions in virtual currency are taxable just like those in any other property. The John Doe summons is a step designed to help the IRS ensure people doing business in the emerging economy are following the tax laws and meeting their responsibilities.'”

    • Sparky#1

      Greg, I’m adding the following information regarding virtual currencies that may be of interest to Bitcoin and others users, but which also demonstrates the broad reach and scope of the IRS. (Might the IRS would expand the use of these powers to secure more detailed information from monetary metals dealers in the future?) Given the growing interest in virtual currencies and decentralized/centralized blockchain technology for same, perhaps it would be helpful to dedicate a segment on this topic. Mike M. gives a good high-level assessment, but I learned much about this from the documents listed below. [Disclosure: I don’t have any personal or professional financial interests in any virtual currencies (or IRS for that matter) and I don’t own any virtual currencies.] Greg, thanks again for all you do!!
      All the best to you and yours,
      Sparky#1

      IRS petition (approved) to obtain records of users and transactions involving Bitcoin and other virtual currencies, related documents. (Note: for the PlainSite court documents, you’ll need to enter “Captua” type words to “prove” you’re not a “bot”. When you enter site, you’ll receive a “Your activity looks suspicious….” msg. which prompts you to enter two words in the “Captua” box. Other links lead you to GAO docs.)

      http://www.plainsite.org/dockets/330oss6rw/california-northern-district-court/-v-united-states-of-america/
      Petition excerpt:
      “This summons seeks account registration records and any Know-Your-Customer
      due diligence performed for each account owned or controlled by a user during the stated period, the associated transaction records, account statements, and records of payments made and processed for these users. These types of documents should reveal the identity of account holders, as well as amounts of transactions from those accounts.” (pg. 9 of Petition, scroll down to “Document 2” )

      Other related GAO, IRS publications concerning tax compliance and potential for money laundering concerns using virtual currencies:

      http://www.gao.gov/assets/660/654620.pdf
      https://www.irs.gov/pub/irs-drop/n-14-21.pdf
      http://www.gao.gov/assets/670/663678.pdf
      https://www.treasury.gov/tigta/auditreports/2016reports/201630083fr.pdf .

  46. Manuel

    Thanks for the interview, but I have an observation/question regarding it:

    If TPTB take us cashless so that they can prevent money from being withdrawn from banks, and place capital controls on the amounts, and kinds of goods and services, we can spend from those accounts, then will they not simply outlaw the purchase/transactions of gold/silver as well, thereby effectively killing any true market for PM’s? Should that happen, we are left with no legal means to transact business outside of their banking system except barter (remember that barter value is income taxable), but I do not see a system where PM’s would be accepted as barter even in a black market if possession/transactions in gold/silver are made illegal. Obviously, they could do the same for bitcoin (outlaw its use) and police it through setting up stings. Thoughts? Here is one thought: We must take a stand now and fight this system of control over our money system sooner rather than later, before it is too late. We cannot simply acquire PM’s and assume that we are/will be protected…we won’t be when the time comes. Everyone will be locked up into a little ball that they control, and it will not be pleasant. Until they wrap us tightly in that ball, they will try to keep this ponzi going until they can control its implosion as well.

  47. henry

    The interview was interesting as usual but half way into the video I was distracted by what was on the television in the background. It looked like something inappropriate was going on. In future interviews, this should be avoided.

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