Imagine you're on a ship that has struck an iceberg, and you know it's going down. You quickly grab the life vests for you and your family. You rush to the deck to go to the lifeboats, but there you encounter some authority...that is actively taking life vests away from one group of people by force, and giving them to another group of people, and leading them to the lifeboats - deciding who will live, and who will die. In this analogy, the ship is the economy, and the authority is the Federal Reserve. This is happening right now. Enjoy today's update from Mike.
Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr. Maloney has been a precious metals investor advisor to "Rich Dad" founder Robert Kiyosaki. A student of economics, Mike is regarded as an expert on economic cycles and capitalizing on the opportunities they afford.