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Showing posts with label Robert Kiyosaki. Show all posts
Showing posts with label Robert Kiyosaki. Show all posts

Thursday, April 3, 2025

Kiyosaki: Silver "Hottest" Investment In 2025

Above, JFK 1964 silver half dollars and Morgan silver dollars. Photo by Armand Vaquer.

 

Friday, February 16, 2024

Kiyosaki: Federal Reserve "A Criminal Organization"


For those of us who follow investing and monetary policy, the following is something that is not really new. Someone with balls enough saying so out loud is a bit new.

From CoinGape:

Renowned investor and author Robert Kiyosaki has sparked controversy with his recent declaration that the Federal Reserve is a “criminal organization.” Expressing strong criticism, Kiyosaki noted that trusting Bitcoin (BTC), gold, and silver is better than having faith in the Fed.

Robert Kiyosaki Slams The Federal Reserve

Kiyosaki holds the Federal Reserve responsible for economic turmoil. In a bold statement, the ‘Rich Dad Poor Dad’ author criticized the Fed for fostering wealth inequality. Moreover, he emphasized that the Fed is accountable for impoverishing the middle and lower classes and favoring wealthy banking elites through its policies.

Furthermore, Kiyosaki urged the public to scrutinize the actions of the Federal Reserve rather than blindly following its directives. In addition, he expressed support for alternative stores of value such as gold, silver, and Bitcoin. He has repeatedly emphasized the reliability of these assets, especially Bitcoin compared to traditional fiat currencies controlled by central banks.

To read more, go here

Tuesday, January 2, 2024

Robert Kiyosaki: The No. 1 Asset Anyone Can Afford

Above, a 2023 American Silver Eagle. Photo by Armand Vaquer.

There are a number of assests one can invest in. 

But there is one asset one can invest in and it is one that anyone can afford. According to Robert Kiyosaki, that asset is silver.

From GoBankingRates:

Robert Kiyosaki’s “Rich Dad” financial empire is based on changing people’s beliefs and attitudes toward saving and investing.

While most Americans pour their investment money into stocks and bonds, Kiyosaki says they overlook the one asset that everyone can afford and that offers the best financial protection going forward. For Kiyosaki, that asset is silver.

The financial personality conducted an interview with blogger, SilverSlayer on “The Rich Dad Channel,” discussing this very topic. Here are the highlights, along with a look at how you can incorporate silver into your own portfolio. 

To read more, go here

Monday, November 27, 2023

Robert Kiyosaki Recommends Bitcoin, Gold, Silver Investments

It appears that the economy is going to make a major tailspin downwards. 

Author Robert Kiyosaki reiterates that people should invest in Bitcoin, gold and silver "before it's too late."

According to an article in Cointelegraph:

The average person who tries to save money is a “loser,” said Kiyosaki while recommending investments in Bitcoin and precious metals.

Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, has reiterated his support for assets like Bitcoin, gold and silver as inflation threatens to worsen living standards globally.

The price of gold recently crossed $2,000 per ounce, marking a steady recovery amid the weakening value of fiat currencies. As a strong supporter of the Bitcoin ecosystem, Kiyosaki recommended his over 2.4 million followers on X (formerly Twitter) to reduce their exposure to fiat currencies, which he called the “fake money system.”

The average person who tries to save money is a “loser,” said Kiyosaki while recommending other forms of investments, such as gold, silver and BTC:

“Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.”

To read more, go here.

Here is an interesting video from Coach Corey Wayne in which he describes what to expect in the real estate market and interest rates as he's seen it all before:

Wednesday, August 30, 2023

Kiyosaki: Silver Biggest Investment Bargain Now

Above, former President Donald Trump and Robert Kiyosaki.

"Rich Dad, Poor Dad" author Robert Kiyosaki is not optimistic about the economy in the months to come.

He contends that "America is broke" and says that silver is the biggest investment bargain right now.

From GoBankingRates:

Robert Kiyosaki, author of the bestselling finance book “Rich Dad, Poor Dad,” recently shared a post on X, formerly known as Twitter, touting silver as a solid investment right now. He called it the “2nd most used commodity after oil” and pointed out that it’s currently trading 50% below its all time high.

He added, “Silver has been money for centuries.” Rather than investing in fiat money, which Kiyosaki called “counterfeit fake dollars,” investing in commodities may provide a hedge against inflation and the whims of the stock market.

Plus, silver has an affordable entry point, since you can invest in silver coins, bullion, jewelry or ETFs that track silver trends. The ETF iShares Silver Trust sells for just over $22 right now, Benzinga recently reported. Silver is selling for roughly $24 an ounce.  

To read more, go here

Tuesday, August 15, 2023

Kiyosaki Recommends Buying Silver Before It’s Gone

Above, Canadian silver maple leaf. Photo by Armand Vaquer.

For those sitting on the fence trying to decide how best to diversify their investment portfolios, the following by Robert Kiyosaki is some good food for thought.

From Bitcoin.com News:

The author of Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to buy silver before it’s gone, noting that the precious metal is becoming rarer. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Monday that he considers both gold and silver God’s money. However, the author pointed out that gold is multiple times more expensive than silver, noting that the latter, being an industrial precious metal, is becoming rarer due to its usage. Kiyosaki expressed his belief that silver is a better bargain as a long-term investment than gold. The well-known author further highlighted the affordability of silver, encouraging everyone to consider purchasing some before its availability diminishes. At the time of writing, the current spot price of silver is $22.70 while gold’s spot price is $1,910.50.

To read more, go here

Monday, March 13, 2023

Here We Go! More Bank Trouble


It appears that Robert Kiyosaki's prediction maybe coming true. And then some.

From Gateway Pundit:

Here we go.
First Republic Bank is down 66% this morning before Monday’s open.

The Western Alliance Bancorporation is down 62

 To read more, go here.

Silver Spot Price Shoots Up Nearly $1.00

Above, 2023 American Silver Eagle. Photo by Armand Vaquer.

The chaos in the financial world has people very concerned, and rightly so.

Robert Kiyosaki believes a third bank will collapse, which will really cause the "fit hitting the shan." He strongly recommends buying gold and silver now. 

Last week, silver saw a surge in its spot price of around $.50 after Silicon Valley Bank and Silvergate Bank collapsed. 

Kiyosaki tweeted:

Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com. Will be on Neil Cavuto on FOX on Monday.

— Robert Kiyosaki (@theRealKiyosaki) March 10, 2023

 Well, silver isn't waiting for another collapse. It has gone up nearly a dollar per troy ounce today. 

This is the spot price for silver now from Monex:


To read more, go here.

Another Bank Collapse Imminent?

Above, 2022 American Silver Eagles. "Buy real gold and
silver coins," - Robert Kiyosaki. Photo by Armand Vaquer.

Will a third bank collapse?

The possibility is there and Robert Kiyosaki thinks it will come and soon.

From Investing.com:

  • Robert Kiyosaki warns of a potential third bank collapse, which could benefit precious metals.
  • Kiyosaki’s prediction aligns with his 2008 forecast regarding Lehman Brothers’ collapse.
  • Ongoing speculation about Credit Suisse’s future amid SEC call an all-time low shares.

Silicon Valley Bank and Silvergate Bank’s collapse in 48 hours has shaken the US financial system amid economic uncertainty. It’s expected to worsen, with a third lender potentially facing the same fate, according to Robert Kiyosaki, author of “Rich Dad Poor Dad.” Kiyosaki tweeted on March 10 that this situation would benefit precious metals.

Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com. Will be on Neil Cavuto on FOX on Monday.

— Robert Kiyosaki (@theRealKiyosaki) March 10, 2023

Kiyosaki believes his prediction about a potential third bank collapse aligns with his 2008 forecast regarding the Lehman Brothers’ collapse. The Lehman Brothers’ failure was a defining moment that deepened the 2008 financial crisis.

Kiyosaki has previously predicted a global economic collapse and suggested that bank runs could accelerate during the crisis. His warning about a potential third bank collapse coincides with ongoing speculation about the future of Credit Suisse, another investment bank with a focus on cryptocurrencies.

I am glad that I started investing in silver bullion last year. I never got into cryptocurrencies. 

To read more, go here.

Saturday, March 11, 2023

Banks To Collapse Like Dominoes?


Will banks continue to collapse like dominoes? That is something that could happen, which nobody wants.

First, I saw a March 10 article in coin/bullion dealer Money Metals Exchange, speculating that this scenario may be beginning to happen.

They wrote (some snippets):

On Wednesday, March 8, 2023, Silvergate Capital announced it ended operations and liquidated its Silvergate Bank.

This announcement sent its stock price plummeting, following a months-long downward spiral for Silvergate Bank, which was over-exposed to cryptocurrencies.

One day later, Silicon Valley Bank informed some clients that wire transfers could be delayed.

The bank's support phone lines became inaccessible.

In addition, numerous customers stated having difficulty logging in to the company's website to view their account information and make transfers.

One of the prevailing themes is that the Fed has been trapped via its mandate to fight inflation and maintain high employment.

Rate hikes had never accelerated so high in such a short duration. Critics of this monetary policy stated, "The Fed will keep hiking until they break something."

Things have been breaking in the past two days:

  • First Republic Bank based in San Francisco, saw its shares plummet 16.5% Thursday and 15% Friday to $80 a share, a new 52-week low.
  • Phoenix-based Western Alliance Bancorp stock lost nearly 35% and trades at $49 a share.
  • New York-based Signature Bank stock fell more than 21% to $82, a 52-week low.
  • Salt Lake City-based Zions Bancorp stock fell more than 13% to a 52-week low of $40 a share.
  • Pasadena-based East West Bancorp shares were down more than 12% to $64 a share.
  • Minneapolis-based U.S. Bancorp stock lost 7% to close at $42.30 a share.

Second, this was posted today by Finbold:

The United States financial system has been rattled by the collapse of Silicon Valley Bank (SBV) and Silvergate Bank within 48 hours as economic uncertainty prevails. Therefore, some financial sector players project that the situation will likely worsen in the coming days. 

In particular, Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” has warned that a third lender will likely follow suit. He stressed that the situation would positively impact precious metals in a tweet on March 10.

According to Kiyosaki, his prediction aligns with a 2008 forecast of the collapse of the Lehman Brothers. Notably, the failure deepened the 2008 financial crisis, and the incident was considered a defining moment. 

“Two Major Banks have crashed. #3 set to go. BUY real gold and silver coins now. No ETFs. When Bank #3 goes gold & silver rocket up. 2008 I forecasted collapse of Lehman days before it crashed on CNN. If you want proof go to RICH DAD .com,” he said.

Well, silver's spot price did shoot up around $.50/toz yesterday following the collapse of Silicon Valley Bank.

Remember, the domino effect of bank failures was a cause of the Great Depression.

I plan to contact my banker and review my retirement investments. Some adjustments may be in order.

By the way, while all this has been going on, His Fraudulency Joe Biden headed off for another vacation.

Saturday, December 24, 2022

Dire Warning On Pension Crisis

Above, 2022 silver Canadian Maple Leaf coins. Photo by Armand Vaquer.

My decision to buy silver was based on the high inflation rate (Bidenflation, if you will) that's eating away the dollar's purchasing power.

Precious metals (such as gold and silver) have been stable and even risen in value. The current silver spot price (according to SD Bullion) is $23.93/ounce.

One investing expert has issued a dire warning about the "current pension crisis".

From Yahoo Finance:

Between the plunging markets and soaring inflation, 2022 wasn’t an easy year for retirees — or those nearing retirement. But according to Rich Dad Poor Dad author Robert Kiyosaki, this demographic could be facing another crisis.

Kiyosaki compared U.S. pensions to a bubble waiting to burst, calling them the “next global Lehman,” referring to the downfall of investment bank Lehman Brothers.

Lehman Brothers had assets of $691 billion when it filed for bankruptcy in September 2008, marking the largest corporate bankruptcy in U.S. history. And currently, U.S. state and local pension plans face an estimated $1.4 trillion shortfall.

So what should investors do in the face of an upcoming retirement crisis?

“People who own gold, silver, Bitcoin will get richer when Fed, Treasury, Wall Street pivot [and] print trillions of fake dollars,” Kiyosaki says.

“Fake money savers will be biggest losers. Don’t be a loser.”

Let’s take a closer look at these suggestions — and why you might want to take them seriously. 

Gold and silver

Precious metals — particularly gold and silver — have been a popular hedge against inflation and uncertainty. They can’t be printed out of thin air like fiat money and their value is largely unaffected by economic events around the world.

Kiyosaki has long been a fan of gold — he first purchased the yellow metal in 1972.

“I’m not buying gold because I like gold, I’m buying gold because I don’t trust the Fed,” he said in an interview last year.

Kiyosaki likes silver, too. In fact, he recently tweeted “Silver best investment in Oct 2022” and “Everyone can afford $20 silver.”

To be sure, precious metals aren’t shooting through the roof. But they’ve demonstrated their resilience in this broad market selloff: the price of gold is down about 2% in 2022, while silver is up 1.2%.

While there are many ways to gain exposure to gold and silver, Kiyosaki prefers to just buy the metal directly. Earlier this year, he tweeted that he only wants “real gold or silver coins” and not ETFs.

The author also called silver “a bargain” recently. So it might be time to visit your local bullion shop.

To read more, go here.

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