Maloney on the mark

10:05 pm (Hawaii) If you've read Mike Maloney's work, you know that he continues to be absolutely correct about the unfolding and undoing of fiat currency across the globe. This video was posted almost exactly two years ago today, and the rise of gold and silver since has only accelerated since. This was my first view of this particular video, but Maloney has discussed precisely this issue — nationalization/confiscation — in his book. Worth the look.

Go back to early 2008, and this video is enormously prescient. Maloney interviews Ron Paul, who points out that the only way monetary policy will be seriously discussed is when the system is on the verge of collapse.

Of course, he was right.