Conspiracy of The Rich blog : Learn with Rich Dad Robert Kiyosaki how to Survive and thrive in today's economy, how to build assets, how to save money and increase your financial success, how to invest wisely and how to plan your path to financial achievement

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.