If you conduct an online search for “Greatest Wealth Transfer” and change the search from web to images, you will see many visuals. If you click these images you are likely to be taken to one of thousands of websites that contain all kinds of ads pitching online marketing, gold, silver and many other scams promising to transform you into a prince from a pauper. As you go through this exercise, remember that the apple never falls far from the tree.
This line, the “Greatest Transfer of Wealth” is used by con men seeking to lure the desperation and greed of those with modest means. This pitch line now serves as the central theme for thousands of con men from the precious metals industry, online marketing, multi-level marketing, and many other scam artist industries.
This con game has been going on for centuries. Unfortunately, it will continue forever because history always repeats when people fail to learn from their past mistakes.
Notice this screen shot from Maloney's BS propaganda videos. One of his minions (James Anderson) just revealed the scam. Appaarently, Maloney plans to keep his sheep hooked by moving into different asset classes (as if he is qualified to provide financial advice).
Wait a minute.
Didn't Maloney claim that all currencies will fail and you are going to get slaughtered if you own dollars?
How does this high school dropout think that one goes about buying dividend stocks and real estate??
Maloney has never worked on Wall Street. He has never managed assets professionally. He has never worked or been trained as a financial adviser and he has absolutely no clue about investments, economics or anything else. Mike Maloney is a baboon.
Folks, these guys will do and say anything to take your money.
Maloney pitches the same con job as his mentor Robert Kiyosaki...."invest in education."
The only problem is that neither of those stooges has a cliue about investments or economics, yet they want to sell you their programs and memberships for ridiculous amounts of money.
According to the sob story Maloney discusses in the video above (Hidden Secrets of Money - Part 2) he wants you to believe that he understands investments because he spent a year or two reading doomsday websites and the propaganda of other con men?
Wait a minute. Didn't Chris Duane come up with the same story? Isn't Chris Martenson's story similar? How are all of these guys becoming investment experts after reading a few books and sucking in the propaganda written by clowns like Peter Schiff and company?
Have you ever wondered why Maloney is spending so much money on his videos?
[The custom music, the lighting, editing, graphics. These films cost in excess of $50,000 each and that is just for the editing. In total many of these films cost much more.]
The same reason why Porter Stansberry, Doug Casey and the rest of the charlatans have spent large amounts of money on their propaganda.
They want to herd sheep in using HOLLYWOOD-STYLE THEATRICS!!
Now why would anyone spend that kind of money just to tell you how worthless your dollars are?
You had better believe that are going to get their investment back and much, much more. Brainwashing is a very effective tool for sales. And it leads to huge returns.
By the way, that video was published in August 2013 when gold and silver had already collapsed by 35% and 65% from their highs in 2011. So how does he plan to get his sheep to move their money from gold and silver to dividend stocks when they are down by huge amounts?
Also, dividend stocks have already returned triple digit returns over the past few years.
Maloney missed the boat because he is 100% clueless. And now he wants to steer his sheep into the stock market after seeing how much it has soared. That might be one of the best reasons to begin moving into cash. Mike Maloney has no idea what he is talking about. He should work on a used car lot.
Here'e the deal folks. Maloney came out with his BS after gold and silver started to tank because he saw the writing on the wall, and realized it was the end of the road for gold and silver.
So he came up with a new con game. Now that gold and silver are headed down, he wants to keep his sheep lured as he collects commissions from sending them "registered investment advisers" who I am sure are complete monkeys. This is how he is going to position the newer sheep who bought gold and silver from him after the collapse (so they can get into real assets with minimal losses).
Nevermind that Maloney insists that all currencies will collapse to 0 and be worthless.
Nevermind that he keeps telling you the dollar is worthless.
He wants your dollars and he is more than happy to accept them when you pay him huge commissions to buy gold and silver from him.
And for those sheep who finally wake up from the bull shit, Maloney wants to collect fees by steering them to financial monkeys so they can buy dividend stocks and real estate with all of that worthless fiat currency that Maloney keeps warning you about.
In the meantime, he will keep pitching this greatest wealth transfer bull shit to his sheep who are down by 30 and 60% on their precious metals.
There will always be con men. And there will always be naïve, greedy and desperate people who think they can cheat the system. The only people cheating the system are the con men who are getting rich by selling their victims fairy tales of wealth.
Perhaps the largest threat posed by these con men is that they have created a wave of propaganda by utilizing various media networks, affiliates and other platforms in order to cultivate a cult-like following. This technique is quite common. For example, it was used by Ron Paul and his minions, as well as the Tea Party.
The victims rarely if ever wake up to the fact that they have been conned. Scientology uses a similar approach. But at least some people eventually escape the grasps of their mind control.
If you look around you will see a large wave of “gurus” promising to show you how to get rich. They make it all seem so easy. That’s the key since most of their victims aren’t exactly resourceful or successful. Quite simply, the key is to make it seem like the biggest losers can strike it rich if they follow what these con men say. That approach ensures the highest participation rate.
They make sure to tell you how rich they are, without bothering to mention that they only became rich by selling the illusion that they can make you rich.
Sadly, the victims of this scam rarely if ever see the light. Even after the scam artists have sucked their bank accounts dry and maxed out their credit cards, and even when the scammers have been sent to prison, their victims stand by their side, claiming that these scum bags are the greatest, wisest, most generous men they know. This was the case for Kevin Trudeau, Don Lapre and many other scam artists.
Today, we see a huge army of these guys. They are interviewed on the same websites, the same You Tube channels, they are speakers at the same conferences, they are on the same blog rolls, and they make sure to mention each other as a way to strengthen their mind control propaganda.
Although there are quite a few of these scams running, today the vast majority of them are involved with pitching gold and silver to naïve people who lack a real understanding of the investment process. I have written countless articles and made a large number of videos detailing this scam and debunking the various myths being spread by these con men.
In the audio below, I set the record straight on this so-called “Greatest Wealth Transfer.” As you will soon learn, the “Greatest Wealth Transfer” already occurred. Thus, this marketing pitch represents the latest hoax by the same con men who told you gold and silver prices would soar to $10,000 and $1000, respectively.
Accordingly, anyone who preaches this "Greatest Wealth Transfer" line is merely trying to lure you into their slaughterhouse. The con men pitching this bull shit should be called out for what they are.
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