Mike Maloney on Silver

Mike Maloney is the founder of GoldSilver.com, one of the world's leading precious metals dealers, and the creator of the acclaimed documentary series "Hidden Secrets of Money." His work has been viewed by tens of millions of people and has fundamentally changed how a generation thinks about money.

Maloney's journey into precious metals began after studying wealth cycles and monetary history. He discovered that throughout history, all fiat currencies eventually return to their intrinsic value: zero. This insight led him to dedicate his career to educating others about real money and wealth preservation.

As an author, Maloney wrote "Guide to Investing in Gold and Silver," which became a bestseller and is considered essential reading for precious metals investors. He is also a sought-after speaker who has presented at investment conferences worldwide.

Central to Maloney's work is the study of monetary history. He has documented how every fiat currency in history has eventually failed, and he believes the current dollar-based system is no exception.

Currency vs. Money

Maloney makes a critical distinction between currency (government-issued paper that functions as a medium of exchange) and money (a store of value that maintains purchasing power over time). He argues that only gold and silver meet the true definition of money.

The Seven Stages of Empire

One of Maloney's most influential concepts is the "Seven Stages of Empire," which traces how great civilizations throughout history have followed the same monetary path:

1. Sound Money: Empire begins with gold and silver as money
2. Public Works: Wealth enables infrastructure and military expansion
3. Military Expansion: Empire extends its reach
4. Political Influence: Corruption and special interests emerge
5. Currency Debasement: Government inflates the currency to pay debts
6. Loss of Faith: Citizens lose trust in the currency
7. Currency Crisis: Hyperinflation or deflation destroys the currency

"The United States is now in stage 5 to 6. The currency debasement has been going on for decades, and we are beginning to see the loss of faith. The crisis is coming."

Wealth Cycles

Maloney teaches that wealth is not created or destroyed—it simply transfers from one asset class to another in predictable cycles. He believes we are at the end of a cycle that overvalued paper assets (stocks, bonds, real estate) and undervalued hard assets (gold and silver).

Maloney's documentary series has become essential viewing for anyone interested in understanding money, banking, and precious metals. The series is available for free and has been viewed tens of millions of times.

Maloney has been consistently bullish on silver, calling it "the best opportunity I have ever seen in my lifetime." His predictions are based on several key factors:

The Wealth Transfer Thesis

Maloney believes we are in the early stages of the greatest wealth transfer in history. As the current monetary system becomes increasingly unstable, wealth will flow from overvalued paper assets into undervalued hard assets like silver.

Silver's Dual Role

Unlike gold, silver is both a monetary metal and an industrial commodity. Maloney notes that growing industrial demand from solar panels, electronics, and medical applications is consuming silver faster than it can be mined, creating a structural supply deficit.

Price Targets

While Maloney is careful about specific price predictions, he has suggested that silver could reach triple-digit prices during the coming monetary crisis. He bases this on historical precedents where precious metals experienced dramatic price increases during currency crises.