once they stop trusting the dollars they're going to rush toward gold silver and cryptocurrencies those are the three i mean they're not going to rush toward treasuries this time hi this is mike maloney and i'm joined by jeff clark once again jeff how are you doing i'm doing great mike great to be back with you we got lots on tap here today article of the day tweet of the day two charts of the day some gr wonderful viewer feedback and a great meme so stick around for that one so


for our article today we're going to jump right in here this is an article i wrote on the five realities of silver and what they signal is next and for one of these here was reality number four and basically what i showed here mike is that the current bull market in silver is just getting started i compared it to the bull market from 1976 to 1980 and as you can see silver rose over 1200 percent 1200 percent but a lot of that didn't occur until the end so if you look at our current bull market we're up 118 percent


but it's got an awful long way to go if we come anywhere close to matching or exceeding what happened back then so what do you think of reality number four mike i think that it probably won't take as long uh this time to play out but you know i don't know i just do know that there is a crisis coming someday and you notice how the last portion of this chart just goes vertical you know it goes along and it's it's climbing sideways slowly and then suddenly there's a big direction change in


direction and then it just goes straight up well guess what regardless of what the price is you're not going to be able to get any during that period of time uh in fact even with the price you know it's been sort of noodling sideways for quite a while now and it's still not now the premiums that all of the dealers have to pay the suppliers right now is very all the premiums are up across the board uh it's hard to get physical especially small denomination physical or small uh increments you know one ounce uh 10


ounce 100 ounce and so on um and yes so it gained over 1200 percent uh from 76 to 1980 and we're just barely in this thing i i do expect fireworks but like dave morgan said uh it's going to be monetary demand that causes those fireworks and and that's exactly what i believe it's the day that uh the population turns from uh knowing that their dollars just are not a good place to hold their their uh wealth their purchasing power um that it's being chipped away at through inflation and that uh and


once they stop trusting the dollars they're going to rush toward gold silver and cryptocurrencies those are the three i mean they're not going to rush toward treasuries this time so what do you think about it tell me your thoughts on on this chart that you made here well the reaction i had mike was look at uh how silver the price behaved for what three years back then it just noodled sideways like it is now and then all of a sudden it exploded and we don't know if it's going to be


another two years or whatever before the silver price explodes but that's coming that's really part of silver's history it's dna and you're right that's the main message i get out of that is boy you really need to be invested before that spike really happens because the next time around it may be you know on a fordium and or unobtainium when that point comes so yeah you really have to buy now yeah you know one of the things that uh you're showing here is uh this chart is indexed or to to


zero percent at uh for the current bull market it's indexed at the very bottom of the the lowest price uh from 2011 to today which was the march crash and the march crash was an anomaly brought on it was a crash that was coinciding with a pandemic and then there was all this stimulus so you could actually take that uh that dark gray line of the uh 118 percent gains and you could almost like fit that right on top of the uh the line that's below it you could because that crash was an anomaly so


that price that 12 price of silver that was just the stars aligning for and men i wish i was sitting on some excess cash during i wanted to buy silver then and i just didn't have the excess cash to be able to do it so anyway um yeah this is a the reality number four this is a really good look at what happens in the silver markets and the way silver reacts it is just absolutely explosive and the day that um these over these hugely overvalued markets that are so bloated because everything on the planet is completely warped and


and uh there's bubbles everywhere it's all because of the world's central banks trying to manipulate everything and trying to keep them in bubbles and every time there's a crisis they just try and uh blow the bubble bigger and plug the leak while they're doing it and they're going to lose control one day and the crisis is going to be huge because you look at any currency supply chart or interest rate chart things are absolutely insane and they have been since 2008 so when this blows it's going to blow


big and i believe that the gains back in 76 through 80 are going to be insignificant compared to what you're going to see coming up well applying that that 1970 to 1980 gain to today would give us around 150 560 dollar silver somewhere in that range uh so if it's bigger than that then you know look out there's going to be some big gains and silver ahead so well mike on the tweet of the day and this is from our friend peter spinner and he's quoting here another uh tweet from someone who


talks about a bank in denmark that is now going to charge negative rates on retail accounts a lot of the negative rates that we read about i have read about applied to bonds and high institutional investors and things like that this is to actual retail customers in a bank not the central bank and a retail bank in denmark they're going to charge them 0.6 every year just to keep their money there if you have over a hundred thousand uh crohn's uh their currency uh so mike uh this uh little uh cartoon here from


peter is pretty accurate isn't it yes it shows you that the world is completely nuts we have uh asset markets being inflated and this is part of the inflation just at enormous rates and then we've got uh savings being deflated at uh these they're talking 0.6 percent well .6 is not enough to get people to take their currency out of the bank in cash except this is the reason that uh the all of the world's central banks think that they need uh the uh crypto based the digital uh currencies they need their own


uh uh cryptocurrency you know fed coin the fit the euro coin whatever it is uh so that they can get rid of cash once they get rid of cash if they need to go ten percent negative or fifty percent negative or whatever they will can you imagine 50 of your savings vanishing uh each each year uh it it's uh but they can do that they can try to cause people to go out and spin uh right away and uh and uh you know it doesn't work i've got a couple of uh uh notes here that a friend in taiwan gave me years ago and these notes


expired the the the government was trying to do stimulus and these notes expired uh in 1998 i believe it was and just before they expire there's a huge trade in these notes that goes the velocity does increase but it's increasing towards speculators that think the government may go ahead and back them again so they're willing to uh offer you uh five dollars for 500 you know 101 or something like that as everybody's trying to get rid of these as quickly as possible because when they know it's going to run


out everybody tries to spend them and here's the hilarious part the government would not accept them [Laughter] yes i remember that's hysterical well this really bolsters the case in denmark for holding gold and silver and even kryptos uh yes uh when you're charging negative rates like that so well if you're liking this video please hit that like button down below for us to help our numbers out and hit the notification bell as well so well on to some charts of the day mike and this


first one speaking of inflation is the a chart of palladium versus gold and silver and as you can see here gold and silver been uh trailing along there but palladium has really jumped um a lot so you have a quick reaction to that chart mike about how far palladium has risen versus gold and silver yeah this chart goes back to 2018 and gold and silver up 62 and 74 percent respectively that is darn good performance but palladium is up at 171 percent gains and here is my comment palladium has never been money it no it isn't money


today and it never will be money uh when a crisis hits when the stock markets crash and when people are rushing towards safe havens they're not going to be rushing to rhodium and palladium they're going to be rushing to gold and silver and gold and silver will not only blow past this you could see palladium falling during that period of time platinum palladium rhodium all of those uh other precious metals they would be falling while gold and silver are doing an absolute moonshot yes palladium and


platinum your other precious metals and non-monetary metals have historically not done well during recessions during stock market crashes things like that while gold and silver have so with this other chart mike i really like this one it's from zero hedge even the cheapest homes in america are rising at four times the fed inflation target this chart is hysterical mic it shows the rise in the average home prices in all these cities and then you see that red line down the middle that's the fed's inflation target


of two percent and look how much more home prices have risen than inflation yeah the average here is 12 it's this you know we just looked at a tweet about negative interest rates that a bank is charging so you've got deflation there going on where uh they're they're uh it's negative interest rates uh and then you have this huge inflation here normally when uh prices are rising like this your interest rates are higher not lower these prices are going up at 12 percent and uh i mean that's totally in we live


in an insane world run by keynesians and that's the problem uh this should be a very threatening chart to anyone if you if you own a lot of real estate you're going all right but if you're graduating college and you're trying to buy your first home you're going oh no i'll never be able to get there this is an absolute crazy world something will break sometime within the next few years and when it does uh you're going to see i mean this is going to be a painful correction this


time and you're going to see gold and silver shoot for the moon i truly believe that we're going to have some horrific uh currency crisis yes and speaking of inflation mike uh here's our uh some viewer feedback today i think you'll like this is from ray chef i'd like to know how does a by four by ten piece of wood go from two dollars to ten dollars and silver is lagging in price i smell rats what do you think of that mike that well yes it's just like the home prices that we just


looked at that's the same thing and it's interesting you know i was looking at two by fours recently and this is absolutely true lumber is just going through the lumber is going through the roof right now most rooms are made of lumber um anyway uh it is absolutely true there is something wrong here but that is the opportunity the opportunity is when something is suppressed and isn't rising with everything else you don't want to follow something that has already done its moon shot and get


at the very end you want to go with something that has to catch up with those other things right the most undervalued assets out there right now are arguably gold silver everything else is really bloated and risen a lot so uh well on to our meme of the day but first if you've not read mike's book again you can read it for free the link is down below there so check it out so mike i've seen this meme of the day and i i think it's gonna elicit a laugh from you so show us this yeah well uh this is a


concert versus sheep in pens probably going to slaughter and uh there is uh a term that people use called the sheeple that's all i want to say on that i want to thank everybody for watching jeff see you next time thanks thanks mike see you next time