Kitco News, Released on 2/22/23
Robert Kiyosaki, best-selling author of the ‘Rich Dad, Poor Dad’ series, explains why he thinks the dollar is ‘fake,’ and why he prefers assets that ‘cannot be printed,’ like gold, silver, Bitcoin, and even Wagyu cattle. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, at the VRIC Conference.
0:00 – Intro
2:09 – The dollar’s demise
8:28 – Investment implications
12:52 – Central bank gold buying
14:46 – Real estate and the Baby Boom
16:38 – Inflation and energy
24:14 – Foreign policy
30:15 – Bitcoin
31:37 – Closing thoughts
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.