Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

SWOT Analysis: Gold Bounced Back After Attempts to Knock Down Price
By: Frank Holmes

Hyperinflation in Zimbabwe Its back, but maybe not for long
By: JP Koning

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
By: John Rubino

Inflation and Counterfeit Credit
By: Keith Weiner

Gold's Interesting Day
By: Rick Ackerman

Two Scenarios, One Strategy
By: Gary Savage

Zinc One Files a Technical Report on Scotia Property
By: Zinc One Resources Inc.

Money and Markets Infographic Shows Silver Most Undervalued Asset
By: GoldCore

Asian Metals Market Update: November-20-2017
By: Chintan Karnani, Insignia Consultants

GoldSeek.com Radio: John Williams and Louis Navellier, and your host Chris Waltzek
By: radio.GoldSeek.com

 
Search

GoldSeek Web

 
GoldSeek Radio Nugget: Robert Kiyosaki and Chris Waltzek

GOLDSEEK RADIO
By: Chris Waltzek, GoldSeek.com Radio

 -- Published: Friday, 7 October 2016 | Print  | Disqus 

Summary

  • Robert Kiyoaski returns to the show, America's 'Rich Dad' predicted a major financial crash in 2016, which has been delayed by policymaker programs.
  • Toxic debt purchases and negative interest rates are the most profound indication of economic stress.
  • Pension plans that based future payouts on high rates, not zero or negative rates, could shortchange many pensioners.
  • Robert Kiyosaki has stockpiled millions in the yellow metal as a hedge against runaway money printing schemes.
  • To say our guest distrusts paper assets is an understatement, "Bonds are the riskiest asset today," gold and silver are his favorite alternatives.
Robert Kiyoaski returns to the show, America's 'Rich Dad' predicted a major financial crash in 2016, which has been delayed by policymaker programs, such as toxic debt purchases and negative interest rates, the most profound indication of economic stress. As a result, pension plans that based future payouts on high rates, not zero or negative rates, could shortchange many pensioners. Robert Kiyosaki has stockpiled millions in the yellow metal as a hedge against runaway money printing schemes. To say our guest distrusts paper assets is an understatement, "Bonds are the riskiest asset today," gold and silver are his favorite alternatives.
 
The Rich Dad book series author also penned two books with Presidential candidate, Donald Trump:, Why We Want You to Be Rich and The Midas Touch meant to guide the middle and working classes to prosperity. The discussion includes comments from the former Fed Chairman, Alan Greenspan, who noted in a recent TV interview that the US could face martial law, in similar fashion as Venezuela, formerly the economic powerhouse of South America. The $700 million to $3 trillion spent to bailout the US financial system in 2008-2009 Credit Crisis was sufficient to payoff the mortgage debt of the 10 million US foreclosures with money left over - instead it was directed to the financial system, primarily to the benefit of shareholders / bondholders. Our guest refers to the system as a kleptocracy, which takes from the poor and gives to the wealthy, a reverse Robin Hood system. Robert Kiyosaki underscores how the "Magic of compound interest," no longer works, when rates are near or below zero.

| Digg This Article
 -- Published: Friday, 7 October 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.