Why the Rich Are Ditching Cash for Gold & Silver! – Robert Kiyosaki
Is your cash actually making you poorer? Robert Kiyosaki is back with a hard truth: our money is FAKE! In this eye-opening episode of The Rich Dad Radio Show, we break down why the rich are ditching dollars and hoarding gold, silver, and Bitcoin instead.
Most people don’t realize that after 1964, U.S. quarters and dimes stopped being made from real silver. In 1971, President Nixon took the U.S. off the gold standard, turning our currency into pure debt. Since then, the government has been printing money endlessly, causing inflation to skyrocket and your savings to lose value every day.
So, what’s the solution? Gold, silver, and Bitcoin. Unlike cash, these assets hold real value, cannot be printed at will, and are used by the wealthy to protect their purchasing power.
In this episode, Robert is joined by gold and silver experts to explain:
– Why fiat money is a scam 💸
– The biggest financial lie keeping people poor 🚨
– How to protect your wealth from inflation 📈
00:00 Introduction
00:33 The Value of Gold, Silver, and Bitcoin
02:38 Understanding Fake Money
04:33 The Importance of Real Money
06:42 Historical Perspectives on Gold
08:28 The Difference Between Real and Fake Money
10:47 Challenges in Acquiring Precious Metals
14:42 Conclusion and Next Steps
16:37 The Problem with Fake Money
16:51 How the Rich Protect Their Wealth
18:43 Verifying the Authenticity of Precious Metals
21:39 The War on Cash
23:34 The Historical Perspective on Currency
26:41 The Importance of Gold in Modern Times
30:23 Conclusion and Final Thoughts
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Watching from Rwanda 🇷🇼 ❤
Most Successful people were at the point that you are today, so never give up!!! Success ahead!!!
My Mother was very wise when it came to investments, Dad was a moron. When Mom died, Dad blew a box of Silver coins Mom had collected for years! I’m still pissed.
😚i luv robert and his mindset
Old vid
You can show the gold, you can show the silver, but you can only say Bitcoin. Bitcoin might be good for a while but not forever ever. Just like the dollar isn’t forever. Gold and silver will be forever.
Until mark of the beast, Coming soon!!
He is right but wrong about bitcoin.Bitcoin is fake miney it’s not real thing like gold and silver .Collapse soon
what you say..is true..however, bitcoin does have a place in the future economy. One must realize this is all part of the transition into a global monetary system. And digital currency will BE part of this..best to diversify in multiple lines of currency. Metal, copper, silver, gold , hard assets as property, and food water, necessities, plus bitcoin will have its proper place…
The beauty of freedom you can buy your gold or silver and we can buy bitcoin
gold back or silver back crypto stored in audited vaults is a great payment system and coming soon – watch Mike Melony latest video
One day, you will not be here. What is going to happen with all your investments? Store treasure in heaven.
for kids
This has to be at least 2 years old based on their spot price of gold at 2 grand. He says his kilo silver bar is worth 900? LOL We are watching an old pod cast.
There has been a change in content concerned it could be his health
Ya 51 years from 1971 is 2022.
Does it even matter that it’s old content? Message is the same today..
Well obviously this was not made today, cause Gold is over 3000 an oz.
Ya 51 years from 1971 is 2022
And put on another $40 overnight. Gold hitting new record high every week almost. What happened to bitcoin being digital gold?
@@elisheva7772it’s not gold increasing in value.. it’s the dollar losing value against gold.
The premise is still the same.
The premise is still the same.
They made it a felony for everyone ,while they hoarded it….
Now here we are 37 trillion in debt.
Really appreciate these guys advice. Weve just stopped taking $$$ and now stocking Gold, silver, palladium and platinum bullion and coins. Even when traveling its still obtainable. Who wants to be on holiday when the collapse hits. Already have 8 green acres land in Victoria, Australia. Cheers 🍻
such a great story teller with the most important lesson .GB
Thanks Robert Once Again. Your lessons are invaluable!!
Retiring this year. Making $82k biweekly. This video reminds me of my life in 2023. You have really inspired me in so many ways!!
I would really love to know how much work you did put in to get to this stage
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you’re such a life saver
Venturing into crypto as a newbie was very difficult due to lack of experience, which resulted in losing funds.
But Jihan Wu restored hope; he’s’s a good man.
I’m surprised that this name is being mentioned here. I stumbled upon one of his client’s testimonies on CNBC news last week.
I’m favoured, 90K every week! I can now give to the locals in my communities and also support God’s work and the church. God bless America,, thank you Mr Jihan Wu😊🎉
$3 for a silver quarter is a steal!
um, I thought Kiyosaki said he sold all his silver and put it into Bitcoin – no?
I heard that too, who knows what is true about anything anymore? Everybody has an agenda, and everybody’s agenda is different.
I still buy silver. Silver to gold ratio is 90:1. It will catch up.. probably 40:1 or greater.
The increasing price of gold and silver is bittersweet. Our financial system is becoming very unstable as is the world. Thanks for the educative video…….As new investor, it’s important to remember that investing and trading require more than just technical analysis skills. Discipline and emotional maturity play a significant role in achieving success. It’s wise to keep in mind the adage of “time in the market vs. timing the market,” as this mentality can help you weather market volatility. With insights of Dorcia Walston and my commitment to learning and growth, I’ve been increasing my earnings in just a few months. Keep up the good work..
she’s mostly on Telegrams, using the user name.
@DorciaWalston
She’s really good in studying the market and making a strategy and i am learning so much from her already…
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.
Crypto is fools gold! Better get some physical gold because it’s vanishing FAST!
Cash is trash!
Buying gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio…. I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies … I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
It’s often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@@viviancarolgioao With all the resources available today, why pay an advisor at all?
What if the market crashes or your investments are off? Sharon Ann Meny helped me—my portfolio grew 45% last year.
Good questions, lol! Many times we underestimate the value of a cfa. I looked her up and booked a call session