Robert Kiyosaki adds $1 million of gold to his portfolio, discusses his friend Trump, martial law in America

Chris Waltzek, Goldseek Radio, Released on 6/8/16

An interview summary is available below the video.

Summary:

  • Robert Kiyoaski, America’s ‘Rich Dad’ returns to the show – he just added $1 million of gold to his Fort Knox sized stockpile.
  • The author of Second Chance: for Your Money, Your Life and Our World (2015) and the Rich Dad book series author also penned two books with Presidential candidate, Donald Trump Why We We Want You to Be Rich and The Midas Touch meant to guide the middle and working classes to prosperity.
  • The discussion includes comments from the former Fed Chairman, Alan Greenspan, who noted in a recent TV interview that the US could face martial law, similar to Venezuela, formerly an economic powerhouse.
  • The $700 million to $3 trillion spent to bailout the US financial system in 2008-2009 Credit Crisis was sufficient to payoff the mortgage debt of the 10 million US foreclosures with money left over.
  • Our guest refers to the system as a kleptocracy, which takes from the poor and gives to the wealthy, a reverse Robin Hood system.
  • Robert Kiyosaki underscores how the “Magic of compound interest,” no longer works, when rates are near or below zero.

Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad’s Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, “Your home is not an investment,” years before the Panic of 2008. His latest book is Second Chance: for Your Money, Your Life and Our World.

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