Kitco News, Released on 1/30/23
The VRIC Kitco Gold Panel included best-selling “Rich Dad, Poor Dad” author Robert Kiyosaki, “Independent Speculator” publisher Lobo Tiggre, and former Sprott U.S. Holdings CEO Rick Rule. The panel covered gold investing, geopolitics, and Fed policy with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.
0:00 – Introduction to panel
1:48 – Fed policy
5:06 – All-time highs in 2023?
12:52 – Central bank gold buying
20:35 – Geopolitics, Internal Debt, and Demographics
23:31 – Dollar weakening
25:12 – Gold ETFs
28:00 – Portfolio allocation
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 Capitalist Manifesto.
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.
Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey’s protégé at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey’s flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.