Washington refuses to learn from history, and is intent on on following it’s suicidal path to its end. Of course, we can try to do what we can to stop them. I raise my voice in protest. I write my congressmen. But If I can’t stop them, I’m going to make damn sure that I have protected myself from the politicians’ stupidity, but also have capitalized on it. Because every dollar wasted & every new dollar printed expands the global supply of every type of currency except for two. Gold and silver are the only currencies they CAN’T print!!!
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@boipinoi604 silver coins bars etc silver as an investment
I share the same strategy with Robert Kiyosaki…invest in precious metals!
The FED gets its authority to “print money” from our Congress’s Constitutional power “to borrow money on the credit of the United States”. Visualize the United States economy if this power were ever taken away from Congress by an amendment to the Constitution. It will take a revolution to do it – peacefully by an amendment will never happen.
Its not true that gold has no value. It is pretty, women like it in their jewelery which their husbands buy for them (which similiarly increases the price of diamonds). It is also used in ICs (‘microchips’) like computer CPUs, and is useful as a highly non-corrodeable substance. I remember seeing a photo in a magazine of several bars-worth of gold that had been filtered from silicon valleys wastewater. Believe me, the stuff has value.
Everytime I see his reaction at 1:19 I buy more silver. That’s a 100% genuine positive reaction. You cant fake that, unlike other investors who talk like robots when they are pushing a product/investment idea.
@hearphoenix are you rich?
Notice how he says the same thing every time. I got the message.
Benson and Tonic
myspace/bensonandtonicproductions
Physical silver. Do you really want to trust someone you don’t know with your wealth?
@boipinoi604 He’s talking about PHYSICAL silver, silver stock is only exposure to the price of silver and when the manipulation ends, your silver certificates will be worthless, so always buy physical.
“gold is horded. stuff away. has no value to it”
lol
is he talking about silver stocks or physical silver?
OTC Gold and Silver (leasing) contracts and certificates are a fraud
Comex and LBMA won’t be able to satisfy physical gold and silver delivery
They will use an escape clause called a “Force Majeure” to withhold physical
delivery if that was demanded from their paper gold (contract) holders
Physically holding gold and silver bullion in your possession is crucial
Past 10 years: S&P down 24%, Ndx down 49%, Dji down 31%, U$D down 23%
Gold up 280%, Silver up 209%. (source: Jesse’s Cafe Americaine)
Were you listenng. He said that he bought silver when it was at $3 and oz and is still buying. Why is he stil buying? Just like Jim Rogers and every other big wig that knows whats going on, they know that silver is going much much higher. The deman for silver has increased because of the may uses needed for silver so therefore it will continue to be in demand. I am rigt now going to continue to buy silver until the day I leave planet earth. The world as we know it will never be the same.
Robert…if your dollar is such “trash” why don’t we see you shredding it or burning it?! Better yet, why don’t you send ME your “trash” dollars. I have alot of things I can do with your so called “trash”.
Also, if the dollar is “trash” why in the hell do you charge people “trash” dollars to go to your lectures?!!!
Jcmegabyte, weren’t you listening??? I mean your assesment is sound but silver is not gaining value, money is becoming worthless. Don’t let how many zeros are in front of it fool you. All fiat currency goes to zero. Silver at $90 an ounce is still a bargain.
Right on.
If Robert didn’t support Ron Paul I am an Obama zombie.
That was a good laugh. Better than SNL comedy relief! Lovin it.
2:17 Obama???
Best reaction ever.
Investing in metals is a great idea – IF you do it when the prices are low – Gold under $300/oz. and Silver under $5/oz a number of years ago was a great buy and every portfolio should include some, but right now it’s a bit more risky since prices are so high. Might still be a good bet if economies can’t stabilize and and/or turn around, but unless you have an accurate crystal ball, it’s still as much of a gamble as any other comodity/security!
I was watching the CNBC special last week with Warren Buffet and Bill Gates. They say everything is rosey. I wish they got Jim Rogers and Robert Kiyosaki to be on it, instead. They would’ve been singing a completely different tune.
2:15 LMAO
He isn’t bsing at all.. silver was as low as $4 an ounce in December of 2001!
Great video and Robert tells it like it is. He is bsing a little when he said he bought silver at 3, unless he started buying what? 40 years ago? But you can bet like any rich guy he know the difference between money and currency. I started buying silver two years ago, adding to what I had at the time (about 1K ounces). I wish I moved sooner. But then again I invest like him. Always for cash flow, never for capital gains. Except this time. Silver will bring HUGE gains in two years.
This video is wonderful.Robert Kiyosaki he is the expert about real money markets.A.R.jr.