The more than 3000% increase in jobless claims in the United States has Mike Maloney concerned. Mike is worried about deficit spending in the U.S., noting all of these unemployed people are no longer paying income taxes. “Nothing in human history has ever happened like this.” – Mike Maloney Jobless Claims Explod to Over 6.6 […]
In what is becoming the largest bailout in US history, some investors are not rejoicing. While the markets soar and money rushes in, is anyone asking about the cost and the ability to repay the trillions upon trillions that the Fed and US taxpayers are now comitting to? Furthermore, what damage to the US dollar […]
Mike Maloney outlines in “Helicopter Drops & Biggest Bailouts in History Are Here” where the markets and precious metals may be heading. With WTI crude trading in the mid-$20s, oil demand is collapsing as transportation grinds to a halt. While the energy sector is reeling amid this massive sell-off, miners and other operators are about […]
Gold is back in the headlines as investors clamor for cover in what has begun a broad market selloff. Silver’s value was recently less than 1/90th gold’s value. The historically low gold-silver ratio has market veterans Mike Maloney and Ronald-Peter Stoeferle bullish on silver and silver stocks. Mike Maloney explains, “I just can’t justify buying […]