Wednesday, May 11, 2011
Robert Kiyosaki : buy Silver under twenty
Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...
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.
Sunday, May 30, 2010
Robert Kiyosaki : Silver is the best hedge against inflation
Robert Kiyosaki on Silver - newsmax
Robert Kiyosaki : Gold has no value to it , unlike Silver which is an industrial precious metal it is used in cell phone cameras computers and most of the IT gadgets , today there is more gold on planet earth than there silver , Silver is a bargain today a year ago one ounce of gold could buy one ounce of silver today one ounce of gold could but 70 ounces of silver , it is fantastic....
Robert Kiyosaki has been saying for a long to collect silver assets. This business has no competition and is about building wealth. The automated system makes this MLM business very easy to do and to profit from.
Robert Kiyosaki : I better be street smart than college educated , the Obama administration as well as all the big corporations are full of college educated kids with no real world experience , they will have to increase either inflation or taxes ,Israel will attack Iran every time there is an economic problem they have to create a war , wars cannot be financed unless you have inflation and taxes , The reason the US can fight so many wars is that it can tax but also inflate the monetary system by printing money ...whatever everybody is doing do not do it ....the one I am watching more than anything else is Silver , Silver is an industrial metal unlike Gold and today there is less silver in the world than there is gold ...says Robert Kiyosaki
Friday, October 15, 2010
Robert Kiyosaki : silver is the biggest play
All silver stockpiles have been depleted: Robert Kiyosaki
A crisis looms. Supplies of silver are quickly disappearing as the worldwide market demand continues to grow. New high-tech uses for silver and the demand outpacing the annual production every year since 1990 is causing the depletion of silver's above-ground stockpiles.Once the largest stockpile of silver in the world, the US government dumped multiple billions of ounces of silver over the years into the world market thereby depressing silver prices. With no stockpile, the US is now purchasing silver at current rates
Tuesday, November 9, 2010
Robert Kiyosaki : All Silver Stockpiles Are Being Depleted
According to Robert Kiyosaki, a crisis is looming over America and the world. Supplies of silver are quickly disappearing as the worldwide market demand continues to grow. New high-tech uses for silver and the demand outpacing the annual production every year since 1990 is causing the depletion of silver's above-ground stockpiles.
Once the largest stockpile of silver in the world, the US government dumped multiple billions of ounces of silver over the years into the world market thereby depressing silver prices. With no stockpile, the US is now purchasing silver at current rates
Wouldn't it be AMAZING if you had a garage full of gold and silver assets? Here's your opportunity to partner up with Chris Smith in an opportunity of a lifetime.
Sunday, December 12, 2010
Robert Kiyosaki Recommends Silver Bullion
Precious metals are one of the KEY investments that perform well during deflationary depression. Absolutely. Gold, silver, platinum, palladium, oil, gas-commodities which hold inherent value are a good investment.
I strongly recommend people invest in silver bullion-with the base rate at 0.5 it is far better than leaving your cash in a savings account and earning 4% interest (if you're lucky!) the opportunity to easily earn as many free US Silver Eagle coins as you need for the same price!
Sunday, September 5, 2010
Robert Kiyosaki : All Silver Stockpiles Are Being Depleted
Once the largest stockpile of silver in the world, the US government dumped multiple billions of ounces of silver over the years into the world market thereby depressing silver prices. With no stockpile, the US is now purchasing silver at current rates
Friday, October 1, 2010
Silver Shines as an Economic Solution
Idaho State Representative Phil Hart explains the "Idaho State Silver Gem Act" that he authored and plans to re-introduce next year. The Silver Gem Act allows the State Treasurer to sell and accept silver medallions for people to use any way they wish. Silver transactions with the State would be penalty and premium free. The silver would be set at market value.
Sunday, April 24, 2011
Robert Kiyosaki : The Dollar vs Gold and Silver
Robert Kiyosaki : Gold has no value to it , unlike Silver which is an industrial precious metal it is used in cell phone cameras computers and most of the IT gadgets , today there is more gold on planet earth than there silver , Silver is a bargain today a year ago one ounce of gold could buy one ounce of silver today one ounce of gold could but 70 ounces of silver , it is fantastic....Robert Kiyosaki Explains - The Real Value Of The Dollar Gold Silver , a weak dollar is good for the economy but bad for you ....it is only good for those who own a business the Bs and the Is , but it makes employees and self employees life harder ...
An all out currency war has begun - governments around the world are devaluing their currencies in order to have cheap exports - and are destroying the middle class.
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.
Tuesday, October 18, 2011
Gold & Silver are not commodities they are Money - Mike Maloney
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.
Sunday, May 23, 2010
Robert Kiyosaki Why the Rich Get Richer
2010: The Best of Times or the Worst?
by Robert Kiyosaki
“It was the best of times. It was the worst of times.”
– Charles Dickens
Is the recession over? Are happy days really here again? Paraphrasing Dickens, my answer is, “For people who are prepared, 2010 will be the best of times. For many, 2010 will be the worst of times.”
The following are a few of my predictions and reasons behind them…
Prediction #1: The real estate market will crash again.
Pictured above is a graph of mortgage resets. In simple terms, a mortgage reset is when a mortgage comes due. In normal times, refinancing was a simple process…but these are not normal times. Some points of interest:
1. In September 2008, the mortgage resets hit $35 billion that month. That was the exact time the financial crisis hit. When people could not afford to refinance and began to default, the stock market and banking industry crashed.
2. The eye of the storm: In the summer of 2009 mortgage resets were low -- around $15 billion a month. This is when optimists began to see “green shoots” in the economy. The green shoots were the eye of the storm. In 2010, as I see it, the second half of the financial hurricane hits. By late 2011, the resets climb to nearly $40 billion a month. The storm will not end until 2012.
3. The first half of the storm was primarily due to subprime defaults. The second half of the storm will hit more solid homeowners. The question is, can they weather the storm? Will Mac Mansion foreclosures be next?
4. In America, there are over 40 million people who own more than two homes. Can they afford to carry and refinance two or more mortgages?
5. Since home values have gone down, many homeowners will find they owe more than their home(s) are worth. Will the bank be kind to them?
6. The time for using your home as an ATM is over. This is crushing retailers and retail real estate. Shopping centers are in trouble. Strip malls are empyting as shopkeepers close -- permanently. This will lead to the crash of the office, warehouse, and other commercial properties.
My prediction: Obviously these are the best of times if you are a buyer of distressed properties and the worst of times if you are a seller.
Other things I am watching for in 2010:
1. Will China crash? America’s crash has hit China in the gut. The Chinese are laying off millions of workers. Only massive government bailout is keeping the economy afloat. The Chinese boom will eventually go bust…but will it bust in 2010? Only time will tell.
2. When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials.
3. Fed Chairman Ben Bernanke is replacing toxic debt with new debt. By protecting his friends in the mega-banks, he is turning the U.S. into a zombie nation. The recession is over, but America is entering an era we will be calling The New Depression, a period when the rich become extremely rich but everyone else becomes poorer. Taxes will kill anyone working for a paycheck.
4. The U.S. dollar will grow weaker. If the dollar strengthens, we will have more unemployment because our goods become too expensive and we will export less.
5. The deficit will increase. The bailouts for the rich are killing the economy.
6. Israel may attack Iran. Israel will not tolerate Iran developing nuclear power, even if Iran claims it is for peaceful purposes. If there is an attack, oil prices will go through the roof.
7. Dead cat bounce. The current stock market rally will probably turn into a dead cat bounce. If the Dow drops below 6500, 5,000 may be the next stop.
The Best of Times
I know I sound painfully pessimistic. I know my predictions are bad news for most people. Yet, for others, bad news is good news.
The following are the bright spots for people who are prepared.
Prediction #2: Gold, silver, and oil will continue to be safe investments in 2010.
The following recaps the year-end prices of gold and silver:
YEAR GOLD SILVER
2000 $ 273 $ 4.57
2001 $ 279 $ 4.57
2002 $ 348 $ 4.78
2003 $ 416 $ 5.92
2004 $ 438 $ 6.79
2005 $ 518 $ 8.80
2006 $ 638 $12.78
2007 $ 838 $14.77
2008 $ 882 $11.33
2009 $1100 (approx) $17.50 (approx)
In 2009, the Dow rose approximately 18%. Gold rose approximately 25%. Silver rose approximately 50%.
By the end of 2010, I predict gold will be at $1,775 an ounce, silver at $24 an ounce, and oil at $85 a barrel. If Israel attacks Iran, these predictions will be blown away.
Prediction #3: The next market to crash will be commercial real estate.
Cash flow positive real estate will be even more affordable. 2010 through 2012 will be a real estate buffet for those with cash and access to credit.
My Personal Investments
As I stated in 2002, “You have up to the year 2010 to become prepared.”
The following are things I have done to prepare myself:
1. I started The Rich Dad Company in 1997 because I saw this crisis coming. For the past three years, I have tightened internal controls and prepared for global expansion via a franchise distribution system. The company is debt free with strong income.
2. 2009 was my best real estate year to date. With the Fed handing out large sums of money and pension funds looking for projects to invest in, my real estate holding company has acquired tens of millions of dollars for acquisition of bankrupt properties and development projects. Development projects are affordable again, as labor, material, and land costs are low and the government is generous with 40-year, low interest, non-recourse loans. People still need a roof over their heads.
3. My oil development projects have done well. We drilled three wells and hit oil on two of them. Government tax breaks for oil exploration remain generous, even for dry holes. Even if the economy crashes, we will still burn oil.
4. I took 90% of my money out of the stock market in 2007. If the Fed raises interest rates, the stock market and real estate market will collapse.
5. I loaded up on gold and silver between 1996 and 2004.
6. With the Fed printing trillions of dollars, cash is trash and savers are losers. As soon as I have excess cash I invest in oil, real estate, gold, and silver.
7. In a zero-interest-rate environment, debtors are winners…but only if you have good debt…debt that’s paid by tenants.
In Conclusion
A few years ago, Japan was ‘King of the Financial World.’ Japan’s economy was the world’s second largest economy -- till the bubble burst in 1990. Japan’s budget went into deficit in 1993. Since then, the deficit has averaged 5.4 percent of GDP per year. As a result, Japanese government debt is now 200 percentof GDP today. The U.S. is following Japan, and China will follow the U.S.
We will not see much inflation because the Fed is not able to print enough money to replace the losses from the burst of the credit bubble. Also, factories have too much excess capacity due to lack of demand, which means prices for consumer goods will remain low and unemployment will remain high. Instead, we will see inflation in gold, silver, oil, some stocks, some real estate sectors, and food -- not because values are going up but because the dollar is going down.
Welcome to The New Depression. And may these times be the best of times for you.
source : http://finance.yahoo.com/expert/article/richricher/211091
Friday, January 21, 2011
Rich Dad Advisor Mike Maloney predicts 2011 Financial Future
Rich Dad adviser Mike Maloney has a deep knowledge of both Gold and Silver. He shares his predictions for Gold and Silver in relation to the overall Financial Market for 2011. Robert Kiyosaki -- Founder of Rich Dad. "Mike has a tremendous financial IQ. ... Take a Home Library Tour with Mike Maloney December Tuesday 21, 2010 ...
19 Feb 2008 ... 2008 Prediction -- Mike Maloney on Gold and Silver.
31 Mar 2010 ... Rich Dad's Michael Maloney, author of Rich Dad's Guide to Investingin Gold & Silver, talks with Bloomberg's Haslinda Amin about his ...
Amazon.com: Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future (9780446510998): Michael Maloney: Books.
5 Jan 2011 ... Mike Maloney endorsing Wealth Masters International ... His financial education book series Rich Dad Poor Dad has been translated to over ...4 Feb 2008 ... Author: alan | Categories: Buy Gold, Educational Videos, Gold, Precious Metals Investing | Posted: 4 February, 2008 | Tags: Buy Gold, ...
Mike Maloney and Richard Duncan are the financial wise men of this era in history. ... Since 2005 Michael Maloney has been the precious metals investment ...
18 Feb 2010 ... The Rich Dad Advisor: Michael Maloney offers in-depth insights on the important of gold and silver in business since ancient times.
22 Jun 2010 ... www.richdadstrategies.com Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and.
Thursday, October 28, 2010
Mike Maloney : Forget Gold invest in Silver
Rich Dad Silver- Forecast To Silver Prices with Mike Maloney
March 31 (Bloomberg) -- Rich Dad's Michael Maloney, author of "Rich Dad's Guide to Investing in Gold & Silver," talks with Bloomberg's Haslinda Amin about his upcoming forecast for silver and gold prices .Mike Maloney says $100/oz for Silver is a reasonable price, and would still be a bargin.
Tuesday, January 25, 2011
Kiyosaki - Rich Dad Advisor Mike Maloney predicts 2011 Financial Future - Home Based Business.
19 Feb 2008 ... 2008 Prediction -- Mike Maloney on Gold and Silver.
31 Mar 2010 ... Rich Dad's Michael Maloney, author of Rich Dad's Guide to Investingin Gold & Silver, talks with Bloomberg's Haslinda Amin about his ...
Amazon.com: Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future (9780446510998): Michael Maloney: Books.
5 Jan 2011 ... Mike Maloney endorsing Wealth Masters International ... His financial education book series Rich Dad Poor Dad has been translated to over ...4 Feb 2008 ... Author: alan | Categories: Buy Gold, Educational Videos, Gold, Precious Metals Investing | Posted: 4 February, 2008 | Tags: Buy Gold, ...
Mike Maloney and Richard Duncan are the financial wise men of this era in history. ... Since 2005 Michael Maloney has been the precious metals investment ...
18 Feb 2010 ... The Rich Dad Advisor: Michael Maloney offers in-depth insights on the important of gold and silver in business since ancient times.
22 Jun 2010 ... www.richdadstrategies.com Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and.
Thursday, May 5, 2011
Robert Kiyosaki I am long Gold and Silver since 1972
Robert Kiyosaki - Goldseek Radio 04 May 2011
Robert Kiyosaki : JP Morgan and HSBC have been manipulating the silver market for years they have been shorting the market , selling stuff they do not own and then they were buying other stuff with it , so now they have to cover their positions , that's why the CME raised the margins for silver ....when I look at gold and silver I do not care what the manipulators do , I look at the biggest manipulator of all which is the US Congress says Rich dad Robert Kiyosaki , when I look at 2010 - 2020 I look at the baby boomers trying to retire , that bill is bigger than the medicare and social security ...that's why I am long Gold and Silver since 1972 so my position are pretty big , I stopped buying silver around 17 dollars an ounce so I am in good shape , I am expecting the dollar to collapse , the middle class is about to be crashed ...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.
Friday, April 6, 2012
Robert Kiyosaki : preparing and profiting in 2012
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.
Saturday, January 8, 2011
Mike Maloney : Gold - Silver and the World Economy
Monday, November 1, 2010
Rich Dad Silver- Forecast To Silver Prices with Mike Maloney
Mike Maloney says $100/oz for Silver is a reasonable price, and would still be a bargain.
Friday, September 3, 2010
Rich Dad Silver- Forecast To Silver Prices with Mike Maloney
Mike Maloney says $100/oz for Silver is a reasonable price, and would still be a bargin.
Wednesday, January 15, 2014
[VIDEO] Gold & Silver Are Real Money: Rich Dad's Kiyosaki - Kitco News
Rich Dad's Robert Kiyosaki is on Kitco News to talk about why he prefers gold & silver over the stock market and what it takes to be a successful investor on this edition of "On the Spot." Kiyosaki says that he ignores investing in the stock market because he prefers to own percentages of companies. "I don't buy stocks, I sell stocks. I sell shares of my company," he says. "I don't buy shares of the company; I buy percentages of the company." With regards to the precious metals, Kiyosaki says he likes gold and silver because he doesn't trust the government, among other reasons. "As long as they're printing money, I'd rather have gold and silver. I don't think the dollar or the Looney or the euro will be around much longer anyway -- maybe 5 years, maybe 10 years -- but we cannot keep doing what we're doing printing money," he says. "I buy gold and silver because it is real money. So when the price of it goes down, naturally I'm going to buy more of it." Watch now for more insights from the bestselling author of Rich Dad, Poor Dad Robert Kiyosaki. Kitco News, January 15, 2014.
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.