The Dollar Will Fail – Robert Kiyosaki, David Garofalo
Host Robert Kiyosaki and guest David Garofalo, Chairman and CEO of Gold Royalty Corp, discuss the current state of the mining industry, the value of gold and silver, and the concept of royalties. They highlight the decreasing purchasing power of the US dollar and the increasing price of gold since the decoupling from the gold standard. Garofalo explains that owning a royalty in a mining company can provide protection against cost inflation and allow for diversification. Kiyosaki expresses his interest in investing in gold and silver as a protection against economic instability.
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Please read carefully.
This is not financial advice. You may be asking, “What does that mean?”
Let me explain…
Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.
YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.
We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.
Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.
Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
Hi Robert thanks again for the video. Good evening all 🤑
Gods money returns 🙏🙏🙏
Robert, you should NOT be supporting EV’s! Exactly what they want! Fight instead for what is right! Gas! Especially, since we are sitting on so much of it!
Also Horses and Donkey ! Thats green organic vehicle cows buffalo etc ❤
1000 barrels of oil to make one battery that puts out the equivalent of 1 barrel of oil… green. I would have just bought a used Toyota yaris, or a non plug in hybrid that gets 80+ mpg but the thing is cars can totally get 100+ mpg but there is no money in cars that sip
He is wealthy and retire, got a lot of time for charging vehicle 😎😎
Use the gas to produce the electricity
Not sure. If you Are sitting on much of oil, why US invaded to iraq , syria etc. ? Why do you love saudi? Because your consumption Is So high that your oil/gas in your country Is not enough for everyone. Is So simple..
“Cash is Trash” = 44 / Dollar Bills = 44
Beast system where you’ll be told how much & where you can use your CBDCs
Hi Robert, thanks so much for all the information.
But I have a question.
You always say you wouldnt invest in stocks or the stock market.
What’s the difference in buying GROY? It’s a stock…
What was the stock symbol that David mentioned?
Groy
😂it’s $1.60 a share and falling. I just checked it in Robinhood November 29 1700hrs cst
@@RickWilleyOMC tell me you don’t understand how the market works without telling me.
12:25 The Purchasing power of the dollar since 1970 has went down by 90% meaning if you made if you made $32,000 in 1970 today that is $320,000. Banks in my opinion once the dust settles banks need to be made illegal and unlawful.
Thank you Robert. Each episode is eye-opening 💯
What’s the average over spot price should we pay when buying 20,000 at a time. I’ve just been buying Buffalo rounds. Thanks 😊
I remember 3 years ago, Trump’s economy was strong, inflation was low and we didn’t have a war in Israel or Ukraine
I’m favoured $l30k every 4 weeks! I
now have a good house and can afford
anything and also support my family
…. Thanks … watching from 🇯🇵
Thank you Robert. I have been a sound money guy for years. I thought I was good to go, but then I started reading your books. Now I am seeing the massive holes in my understanding of building wealth.
Hes so happy about the Recession coming in, like hes super excited to be witnessing it.
Part of a very important coin been talked about in the BCL
Thanks for the informative program. The flight to safety to the US stock market and dollar is keeping the market going, but a crash is inevitable due to the global economic crisis and excessive debt. Be prepared for the “Default Phase” with bankruptcies and asset seizures. To protect against inflation, trade long-term and consider Linda Wilburn’s day trading, which has helped me earn over 723k in a few weeks.
@Lindawilburn VlA t e I e g r am.
Riding the market wave entails understanding the market volatility, Linda Wilburn has been doing an awesome job reviewing the charts, enabling me to capitalize on the volatility via day=trading.
Knowledge is power.. the signals i receive on Linda Wilburn are the best.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Everyone needs more than a Basic Income to be Financially Secured in this present time that there’s an Economic Decline.
Hello mr Kiyosaki im a 16 year old student from iran and im your biggest fan ❤
Glad to see Robert finally discovering royalties. I spent time at his conference last spring trying to explain them to John MacGregor.