4.1 • 3.9K Ratings
🗓️ 2 July 2025
⏱️ 33 minutes
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0:00.0 | This is the Rich Dad Radio Show, the good news and bad news about money. |
0:07.0 | Here's Robert Kiyosaki. |
0:08.9 | Hello, Robert Kiyosaki, Richat Radio Show. |
0:10.9 | We're broadcasting from Phoenix, Arizona, where it's either heaven or hell. |
0:14.7 | And right now, it's close to hell. |
0:16.3 | It's odd as hell. |
0:18.0 | But love living here. |
0:20.4 | Today's show is with a very dear friend, one of the best things about my job per se is I get to hang out with people who are authorities in their field. |
0:30.6 | And as you, some of you know, I've been a hard money asset, a hard money guy for years and years and years. |
0:44.8 | I mean, this, this here is a, 1964 was when they took these little quarters and they turned into copper. |
0:46.4 | And it was called Gresham's Law. |
0:48.9 | And Gresham's Law says that when fake money or bad money enters the system, good money |
0:53.7 | goes into hiding. And there's |
0:56.1 | something intuitive. I don't know what else to say about it, but as soon as I saw that copper, |
1:01.4 | in 1965 or 64, immediately I started saving the real silver, getting rid of the fake silver. That's Gresham's law. But today, as some of you |
1:14.8 | know, silver is about to take off again. I remember I took off during the Hunt brothers when |
1:21.4 | the Hunt brothers tried to corner the silver market. And there was a frenzy going on there. But |
1:26.9 | silver right now now in my opinion |
1:28.6 | is the number one investment you can make today for at least for the bonnet gains |
1:35.5 | and then like I said one of the best things about my business is I get to hang out with smart |
1:40.4 | guys like Andy Sheckman here so we're going to be talking to Andy about the business of |
1:45.6 | precious metals. The reason I say that is when I buy precious metals, let's say it's $10. Then they add a, |
... |
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