Silver & Gold - Hidden Secrets Of Money - new Mike Maloney youtube video

[ozzy]

Hi, I enjoyed this new video and thought I would share it with ya'll.

"Silver & Gold - Hidden Secrets Of Money 3 - Dollar Crisis To Golden Opportunity - Mike Maloney"

http://youtu.be/y-IemeM-Ado

And here's the first 2 parts:
Part1
http://www.youtube.com/watch?v=DyV0OfU3-FU
part2:
http://youtu.be/EdSq5H7awi8

[Libertarian666]

Hidden secrets are the best kind. 

[samuraidog]

Fascinating stuff. Thanks for posting this video.

My only question is...

How safe is the paper gold in my 401k that is split between SGOL and GTU? As a U.S. citizen, is there some way the govt can manipulate my holdings? I'm sure that some may say to own physical gold, but physical isn't feasible for me right now and I'd be paranoid having it in my possession anyway. 

[ozzy]

If physical gold is not feasible for you, then paper gold is a reasonable alternative until your situation changes.

I own some IAU for easy rebalancing.  My PP consists of about 25% paper gold, and 75% physical gold, and I’m not losing any sleep over it.

[Libertarian666]

If physical gold is not feasible for you, then paper gold is a reasonable alternative until your situation changes.

I own some IAU for easy rebalancing.  My PP consists of about 25% paper gold, and 75% physical gold, and I’m not losing any sleep over it.

So your PP is 100% gold? Now I don't feel so extreme! 

[ozzy]

Sorry, what I meant was my 25% gold portion is broken down to majority physical, with some IAU.  I also have 25% in each of these: TLT/SHY/(VTI&VEU).

[Libertarian666]

Sorry, what I meant was my 25% gold portion is broken down to majority physical, with some IAU.  I also have 25% in each of these: TLT/SHY/(VTI&VEU).

I figured that's what you meant. I was just pulling your leg. 

[AlanT]

Fascinating stuff. Thanks for posting this video.

My only question is...

How safe is the paper gold in my 401k that is split between SGOL and GTU? As a U.S. citizen, is there some way the govt can manipulate my holdings? I'm sure that some may say to own physical gold, but physical isn't feasible for me right now and I'd be paranoid having it in my possession anyway.

Why isn't physical feasible?  You can easily store it in a depository... or even in a safe deposit box for that matter.

[Libertarian666]

Fascinating stuff. Thanks for posting this video.

My only question is...

How safe is the paper gold in my 401k that is split between SGOL and GTU? As a U.S. citizen, is there some way the govt can manipulate my holdings? I'm sure that some may say to own physical gold, but physical isn't feasible for me right now and I'd be paranoid having it in my possession anyway.

Why isn't physical feasible?  You can easily store it in a depository... or even in a safe deposit box for that matter.

Yes, but never take it on your boat!

[Coffee]

What I don't understand about his presentation is: Why did the price of gold crash in the 80's after it peaked?