Greg Hunter, Published on Oct 9, 2016
On gold and silver and its recent take down, precious metals expert Mike Maloney says don’t worry, precious metals prices are going higher, much higher. Maloney says, “Gold is real money, and it has stored value throughout the centuries. Silver is also real money, and it is the money of the common man. Silver has been used in more transactions that any other medium of exchange throughout history. I expect if we get into a major war, you are going to see gold and silver take a moon shot. One of the things that some commentators have said is this will unfold very slowly until the day that it doesn’t. Then it’s going to happen very fast. I believe that is one of the things that we are in for. You are going to see gold just take off and not look back, and silver is going with it. Also, silver will most likely outperform gold by quite a factor.”
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