Hello. I am Deepak Kundu, an avid book reader and quotes collector. Here is a list of 7 Michael Maloney quotes that I liked and saved from various books. I hope you enjoy reading them.
Michael Maloney Quotes
Gold and silver require discipline and constraint from banks and governments, and both banks and governments resent gold for it.
from Guide to Investing in Gold & Silver book by Michael Maloney
Governments and central banks will promise you this, and promise you that. But the only promise they can deliver on is the only promise they never say out loud: They will inflate the currency supply, and your currency will continue to lose value.
from Guide to Investing in Gold & Silver book by Michael Maloney
Gold and silver have revalued themselves throughout the centuries and called on fiat paper to account for itself. In doing so, gold and silver bring fraudulent money to justice. They’ve always done this, and they always will. It is as certain as the sunrise.
from Guide to Investing in Gold & Silver book by Michael Maloney
Whenever a politician promises you more free stuff than the guy he’s running against, whenever the masses think they’re getting something for nothing, whenever our government engages in deficit spending, whenever we borrow the prosperity of tomorrow to spend today, it comes back to haunt us in the form of an inflation tax, which insidiously, and invisibly confiscates our wealth. The greatest advantage an investor can have is to understand that fact and exploit it.
from Guide to Investing in Gold & Silver book by Michael Maloney
These cycles that ebb and flow throughout history are as natural as the coming of the tides. And while betting against them may be hazardous to your financial health, investing with them can bring you great wealth.
from Guide to Investing in Gold & Silver book by Michael Maloney
One of the main reasons for holding precious metals is that they are one of the few financial assets that you can hold outside the financial system. And as we have seen lately, the financial system isn’t quite as sound as they’d like you to think.
from Guide to Investing in Gold & Silver book by Michael Maloney
History gives a zero percent chance of survival to a fiat currency, and today, all the world’s currencies are fiat.
from Guide to Investing in Gold & Silver book by Michael Maloney