Mike Maloney: "No Matter What the Fed Does, the Precious Metals Are Going North!"

Originally published at: Mike Maloney: “No Matter What the Fed Does, the Precious Metals Are Going North!” – Peak Prosperity

I had a chance to sit down with the legendary Mike Maloney at the Limitless Expo 2025 in Dallas, hosted by Ken McElroy and Tarl Yarber.

In what will be no surprise to anyone familiar with Maloney’s truly excellent Hidden Secrets of Money series, he knows what’s coming next: more Fed printing!

The Fed really doesn’t have a choice. It’s either print more or sit back and watch everything implode.

What this probably means is another doubling or tripling of the Fed’s ‘balance sheet,’ which means another $6 to $12 trillion printed up and dumped into the ““markets.””

And what that means is more inflation, and higher prices for everything, but especially silver and gold. Why those two precious metals? Because of immense buying pressure from China (silver & gold) as well as central banks across the world (gold).

Moreover, there are serious signs that the paper price suppression games of the West are about out of runway. For seven years running, silver has been in a serious supply deficit relative to demand. Above-ground stocks are diminishing. Despite this, the Comex paper gamers keep dumping more and more paper contracts onto the market to rig the price lower.

Tick, tock.

Retail investors in the US and Europe remain woefully out of the game, especially compared to China and India, where buying pressure for both silver and gold remains quite strong.

Meanwhile, the US stock market is in a historic bubble, with the Buffett Indicator at 208% of U.S. GDP, mainly driven by a few tech giants like Nvidia. A significant correction is likely, exacerbated by overvalued equities and potential AI-driven disruptions.

A “post-truth, post-trust” world is emerging, with declining faith in institutions (e.g., CDC, justice system) and a potential “Fourth Turning” crisis which may well culminate in a rapid loss of trust in fiat currency.

Finally, Mike and I discussed his amazing farming venture, a 900-acre farm in Puerto Rico, leveraging high-altitude conditions to grow competitive crops with tax exemptions and grants. It’s a really cool story and a project I strongly support, naturally.

Mike’s advice is that Investors should remain defensive, diversify into tangible assets like precious metals and land, and stay informed. Maloney’s YouTube channel (search “Hidden Secrets of Money”) and his farm’s website (FFPR.Farm) are excellent resources.


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Oh, hey. After being in the backcountry for a week, Evie said to keep the beard! So I’m growing one for the first time in a couple of decades.

I plan on looking like a homeless person for the next couple of weeks while it grows out.

Speaking of silver, the supply numbers are looking super dodgy:

https://x.com/honzacern1/status/1952444476024127534

While China’s industrial demand alone is on track to consume more than 50% of total mine output this year:

https://x.com/oriental_ghost/status/1952662277485711739

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Welcome to the dark side. You might be able to infiltrate an ANTIFA meeting or two while you style out the beard :smile:

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It’s also worthwhile to brainstorm alternatives.

Why would the central banksters not print like the attachment of heads to necks depended on it? Don’t know, but let’s not be caught out.

What if they froze prices and market trading? What if they made capital flight illegal? What if a new plandemic locked people down, so they could buy very little? What if they did some form the ‘Great Taking’? What if the mother of all cyber-attacks made people afraid to do any online transactions?

Instead of a ‘big print’, a ‘big freeze and seize’.

Just thinking aloud.

I believe Jim Rickards envisaged this possibility in The Road To Ruin but I didn’t read it myself.

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Mike Maloney’s mind is decades younger than his body. I’m impressed with how lucid he still is at his advanced age. He doesn’t look physically fit, but he must be doing something to keep his mind sharp.

As far as land prices dropping drastically against the prices of precious metals to afford a profitable land purchase with saved metals - you should read about the Natural Asset Company (NAC) securitization happening right now. Belize and Ecuador were apparently the test beds for this. Owning a deed with no control over the land (but all the liabilities) is not ownership of the land. Read about it here: Colonialism 2.0 - by esc
This is a corrupt way for the globalists to take control of private and public land without purchasing it.

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I’m sporting one now. Last time was ‘99

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I wish I could invent a Time Machine and go back to the year 2000 when gold was only $300 an ounce and stock up on US mint 1 ounce gold buffalo’s but I must accept now that it would be impossible, the US didn’t start minting them until 2006.

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China is not sharing all those products? I read yes they dump to EU market EVs and whatnot but by far their domestic market is biggest consumer of EV, PV etc. They dump excess abroad from overcompetition. But once that is over, no more exports maybe. Im not familiar how dependent they are nowadays of US export. They’ve gradually reduced US dependency over 3+ years by selling tbills and other assets.

You guys gave me a really interesting idea. Here’s the FRED series “Median New Home Sales Price” (MSPNHSUS) divided by gold price (GC), which yields how many gold ounces the median new home costs. One confounder - I suspect the median new home has probably increased in size over the years, but a real estate pro could probably answer that better.

Long story short: from first glance, swapping gold for a new home - today - seems like a pretty good idea (119 oz per home). When Chris bought his gold in 2001, it was around 650 oz per home - so swapping a home for 650 gold ounces was super-clever.

Now, you can get a home for 119 ounces. And/or 5.5 homes for the 650 oz of gold obtained back in 2001.

The chart suggests 100 home-ounces might be a low. We’re pretty close to that now.
Not financial advice - just doing the math on home-ounces.

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Interesting chart. Why is it peaking around 2000… is it due to so much excess dollars in markets building bubble? Gold dont react to bubbles in same way, not that fast anyway explaining spike.

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2001 was a (roughly) 20-year low in gold price (in USD).

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Always a pleasure to hear Mike’s voice, his ‘Hidden Secrets of Money’ changed my life and are a real pleasure to watch, for whoever isn’t familiar with it.

One of the few voices back in 2005 warning that the bubble economy was about to pop, which in my eyes (and ears) makes his warnings to be taken in serious consideration.

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That’s interesting, can you make that chart for bitcoin?
H

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Great chart. Thank you. We might want to begin running a series of charts ‘priced’ in ounces of gold.

Oil

Raw land

Food

Etc.

Speaking of which, did you see this?


(Source - ZH)

I just don’t understand how the land can have gone up by $2000/acre since 2011, with other input costs spiking like crazy, while corn is now cheaper (in nominal terms!) by ~40% since 2011.

This math doesn’t math.

How is this supposed to pencil out?

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All I have is crude - I don’t track cattle or corn, and FRED doesn’t have farmland prices (that I can find). Crude in gold ounces is also near a low. The only crazier time was in 2020.

And GDP, priced in gold. Once again, it shows gold is super-cheap back when you bought it in 2001. We might still have another doubling ahead of us with this chart though.

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Nice! Bearded Chris will rapidly become our favorite version.

:man_beard:

Cheers!

-Dan :crossed_swords:

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The strategy/portfolio distribution Mike mentioned near the end is basically what I’m striving towards. PMs, some speculative crypto, and farmland as the base. Unfortunately I don’t have the anchor component of productive land. It’s a difficult issue to confront coming from the standpoint of someone without substantial means to redirect. Especially in the current economic climate.

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That’s fun and informative… I do have an excel sheet ‘like a nerd’ :rofl:

since I follow Mike’s work I grew found of looking at charts, trying to interpret their meaning. I do so already for work since two decades, having to pressure test my equipment. You start understanding with a glance when there might just be air in the system or when there is an actual leak, or recognise the moment something actually broke. Its fun to apply that same eye with financial stuff, as we’re still talking pressure and, in some cases, pumping & dumping​:sweat_smile::wink::rofl:

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I have recently had a couple of old acquaintances contact me and say ’ this bitcoin thing you were talking about years back … what should I do about it?’

I say… ’ you should do what I told you …buy it in 2016’

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100%!!

Its the first thing I point people at when they appear ready to wake up.

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