The Rich Dad Company co-founder Robert Kiyosaki explains why precious metals are unexpectedly underperforming in the current inflationary environment on ‘Cavuto: Coast to Coast.’ #foxbusiness #cavuto
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Thank god fox is less prone to communist propaganda than CBS,NBC,MSNBC, CNN,ABC, Disney,ATT, khols, of which I contribute to zero ,even prime time tv shows.robert is right precious metals has value ,the dollar has none.
before i even hear this guy….im sure he will say something like…."when i was younger" or "back before money was paper" or something…
Some stocks have doubled off bottoms while his gold is flat
All this stuff is manipulate!
Cant beat Computers
Good stuff Fox Business and Rich Dad
To people who dont know getting rich quick is a scheme and fake
PSLV is physical silver / PHYS is physical gold
He seems like a tool.
This guy makes the worst predictions ever, don’t listen to him
Gold and silver usually don't go up when everyone expects them to go up, but instead they explode higher when most people give up on them. Since the year 2000; gold has risen from $275/ounce up to $1,860/ounce and since 2000; silver has risen from $5/ounce up to $22/ounce. So they've both done fine the past 20 years and are consolidating now, but ready to make another run higher up to $2,000+/ounce and $25+/ounce. Patience is the key to long term investing.
Normally, I say that there's no harm in investing in an ETF but when it comes to commodity derivatives (which is the word Neil was looking for at the end of the clip…) that simply isn't the case. Investing in SLV/GLD allows the shell game at COMEX and LME to continue, further suppressing true price discovery. The harm? Many factors, but one would be that it allows our adversaries to stockpile massive quantities of these asset classes, which is aiding them in undermining U.S. hegemony in an ongoing financial war. The U.S. and EU are (foolishly imo) betting on a CBDC backed by binary. The BRICS nations are betting on a commodity-backed digital currency.
As we speak, the Chinese – who have been buying gold at a faster pace than any nation for years – are actively working towards a gold-backed stablecoin with Iran. Any takers on the odds that the digital yuan becomes said stablecoin? The petrodollar has already gone the way of the Dodo; with Brazil and Saudi Arabia both making way to accept gold and yuan for energy payments, it will just take a decade (or less) for that to play out in global markets. It is, quite literally, paving the way for a new reserve currency backed by sound money. When that plays out, all the inflation that the U.S. has "offshored" will come FLOODING back, driving hyper-inflation far beyond what we see today. It's not "if" it's when. We're already seeing Japan & China dump our bonds every month.
Powell has already admitted, "it is possible to have more than one global reserve currency." Which do you think will be more attractive to countries not in NATO or BRICS: A failed, debt-based Keynesian digital currency backed by "the full faith and credit of the U.S. Treasury's 31T+ in debt and a ceiling we keep raising" – or one backed by hard assets? U.S. sanctions and the seizure of Russian gold LITERALLY handed the Chinese a gift of optics, on a silver platter (no pun intended). I am NOT shilling for Russia. Russia's imperialism: bad. Stealing their gold? Also, bad.
Beyond the initial stimulus deposits to get you to switch from cash to CBDC's, do not expect your government to bail you out or come to your aid. Quite the opposite. If more people understood what is playing out, I think the accumulation of assets and PMs would be on-fire. The sad part is that the Fed, Treasury, and elected officials all know what a shell game this is – and they're complicit in doubling-down on a losing strategy.
OH – and while I'm at it…the Fed doesn't control anything – they chase the 2-year bond yield. If you don't believe me; overlay both on TradingView. You're welcome.
6:56 all a ton of regulation to just give you. A piece of promise note
So you hardvupb you hard assignment
3:59
Lol /// I said the same time to a friend once and he
Responded the same way
I meant like I don’t think of money
I just think of a set budget and commit to it
I stay way under living standard for myself
In my mind I am a poor man
I just have a way to get around with out begging 🥺
Banks for a hand out
3:16 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂boiiiiiiii❤❤❤❤❤😊
The interviewer just doesn't get how much he just cuts him off shamelessly.
It's called being traded
This fools been wrong for 10 years. Always hoping for worst
The world is becoming depleted of silver mines and places to find it. It is an industrial metal that has use in everything from medical devices, to all types of electronics including electric appliances, electric vehicles ( and the future of EV’a is dependent on it) to solar and wind devices and many more things. The future of the world’s industry depends upon AG. It is a good idea to invest in it promptly!
Goats, guns, and gold.
The JV trying to scam just like the big boys 😂😂😂😂😂