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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

7 Reasons to Buy Gold Now

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 15 November 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

James Rickards, former national security advisor for the Pentagon and the CIA, gives a detailed explanation of the history of gold bull markets, highlighting the current third-grade bull market and its significance in the context of monetary history. Jim Rickards shares insights on the patterns and trends that led to his prediction of gold reaching $15,000 by 2025. Watch the full episode with Rickards here: https://youtu.be/W9mSECDpbzA?si=Sr3mm7Yc2J3it0ky

Rick Rule, the President and CEO at Rule Investment Media, and he explains that taking control of financial present and future is crucial as big thinkers neither will nor can secure financial well-being. Precious metals, like gold and silver, become a form of self-defense in the face of economic uncertainties. Watch the full episode with Rick Rule here: https://youtu.be/kz50GY1l0oA?si=4bokb4RA_kSi2KIl

Andy Schectman, President & Founder of Miles Franklin Precious Metals, explains how in 2020, amidst the central banks' continuous accumulation of gold, the IMF's call for a new standard raised concerns about a deeper global economic shift. The urgency of these changes became apparent as major players like Russia, China, India, and members of the BRICS group actively increased their gold holdings. Watch the full episode with Andy here: https://youtu.be/zwQ91P8vLqE?si=GUEedW-_vfAM0rC4

David Garofalo, Chairman & CEO of Gold Royalty Corp. explains that the price action in gold, experienced over the last couple of years and expected to continue, is influenced by declining supply and the inelasticity of supply to price. The gold industry cannot quickly respond to price increases due to long lead times in new production. Additionally, the lower for longer interest rate environment, with negative real interest rates, makes gold attractive as there is no opportunity cost to owning it. Watch the full episode with Garofalo here: https://youtu.be/t8FVYrKbWWY?si=MHjJtKUISoTzQFcX

Geore Gammon, a macro economic expert says that in times of uncertainty, such as potential Black Swan events, it is in one’s best interest to invest in assets with no counterparty risk. Examples of such assets include gold, Bitcoin, silver, or similar tangible assets that do not rely on a third party and can withstand economic turmoil. Watch the full episode with George here: https://youtu.be/FkkoxSNQ0qk?si=CaLtppEXTPBAk-U0

Clay Clark, a successful entrepreneur, shares his thoughts on the current economic climate, the potential collapse of the US dollar, and the importance of investing in precious metals, especially gold. Watch the full episode with Clay here: https://youtu.be/MDhEYGasDJ4?si=14DxzNq7J1xoqqmG

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Please read carefully.

This is not financial advice.

You may be asking, “what does that mean?”

Let me explain…

Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.


This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5712278/advertisement

Transcript

Click on a timestamp to play from that location

0:00.0

Today's show is sponsored by Gold Alliance. If you're concerned about high inflation,

0:04.8

looming recession, a troubled banking system, or out-of-control spending in Washington,

0:10.0

this is an important message to hear because the fact is during every major crisis in US history

0:15.7

many of those who fail to prepare watch their savings, investments, or retirement funds go down,

0:21.6

while many with the foresight to own gold helped preserve

0:24.8

their purchasing power. Gold even made some folks richer. Now we're facing several

0:29.8

major crises at once and experts say we may soon face even more economic trouble.

0:34.8

So please don't wait.

0:36.2

Learn the simple way you can diversify with gold and put yourself on the road to

0:40.5

financial peace of mind even in uncertain times. The new free

0:44.4

free 2023 gold guide from our friends at Gold Alliance can show you how.

0:48.5

Just visit W.W. Free Gold Guide.com

0:52.1

slash Robert or call 1-800 473 4585.

0:57.0

Republican Governor and Conservative commentator Mike Huckabee

1:00.0

Mike Huckabee says Gold Alliance is the only goal provider he recommends to his friends and family.

1:05.8

Find out why and visit free Gold Guide.com slash Robert or call now at 1-800 473 4585.

1:15.0

This episode is brought to you by Krakan.

1:17.0

Cripto is like finance, but different.

1:21.0

It doesn't care when you invest, trade or save.

1:24.4

Do it on weekends or at 5 a.m.

1:27.0

or on Christmas day at 5 a.m.

1:29.6

crypto is finance for everyone, everywhere, all the time.

...

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