Tracking media interviews of Rich Dad Robert Kiyosaki author of the best seller Rich Dad, Poor Dad
Tuesday, October 18, 2011
Gold & Silver are not commodities they are Money - Mike Maloney
Mike Maloney is back to talk about the recent pullbacks we saw in Gold and particularly in silver , he says that we should not look at Gold and Silver as commodities , gold and silver are in fact MONEY , there will come a day when all the technical analysis are wrong and gold and silver will take off alike a rocket , all the fiat currencies are headed to ZERO , Mike Maloney explains even if you bought at the peak do not worry use these pullbacks as discounts and take advantage of them to buy more physical gold and silver , do not pay attention to this short term noise , Mike Maloney bought silver when it was over 40 and he is still buying now that it is on the 30s ,every pullback is a gift , this is temporary go long and stay long
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. Some of Robert Kiyosaki's bestselling books: