Robert Kiyosaki: Financial Crash 2016, Negative Rates & Stockpiling Gold

Chris Waltzek, Goldseek Radio, Released on 10/6/16

Summary:

  • Robert Kiyoaski returns to the show, America’s ‘Rich Dad’ predicted a major financial crash in 2016, which has been delayed by policymaker programs.
  • Toxic debt purchases and negative interest rates are the most profound indication of economic stress.
  • Pension plans that based future payouts on high rates, not zero or negative rates, could shortchange many pensioners.
  • Robert Kiyosaki has stockpiled millions in the yellow metal as a hedge against runaway money printing schemes.
  • To say our guest distrusts paper assets is an understatement, “Bonds are the riskiest asset today,” gold and silver are his favorite alternatives.

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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