Rich Dad Radio Show, Released on 6/4/24
00:00 Introduction
00:14 Introducing Jim Rickards: A Financial Sage
01:48 Jim Rickards’ Predictions on Gold
14:22 Why Warren Buffett is Buying Gold
18:39 The Future of Banks and Financial Insights
21:05 Introduction to Allegiance Gold
22:06 Invitation to Wealth Building Event
22:40 Discussion on Gold and Economy
24:45 Insights on Bonds vs Gold
30:54 Understanding the New Great Depression
33:55 Inflation vs Deflation Debate
38:10 Conclusion and Final Thoughts
In this episode of the Rich Dad Radio Show, Robert Kiyosaki welcomes esteemed guest Jim Rickards, known for his influential books like “Currency Wars,” “The Road to Ruin,” and “Aftermath.” The discussion centers on the future of gold, the reasons behind its rising value, and its implications for the economy. Jim, a former national security advisor for the Pentagon and CIA, provides a deep analysis predicting gold will hit $15,000 by 2025, emphasizing the economic troubles that this rise signifies. The conversation also covers Warren Buffett’s shift from bank shares to gold, and the impact of inflation and deflation on the financial landscape. Tune in to gain invaluable insights and learn why gold could be essential for your financial stability.
Key Topics Discussed:
– Why Gold Will Reach $15,000 by 2025: Discover the rigorous analysis and historical patterns that lead Jim to predict a dramatic rise in gold prices.
– Warren Buffett’s Strategic Moves: Understand why Buffett dumped bank shares and investing in gold and silver, and what this means for the economy.
– Bonds vs. Gold: Explore the differences between investing in bonds and gold, and learn which is the safer bet in these uncertain times.
– Inflation or Deflation?: Jim’s expert opinion on the future economic trends and how they will impact your wealth.
Jim Rickards is a lawyer, investment banker and economist with over thirty years’ experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on financial news programs, Rickards is also the author of The New York Times bestselling novels Currency Wars: The Making of the Next Global Crisis and The Death of Money. His latest book is Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy.
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.