Rick Rule says THIS is the Biggest Threat to the US economy

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

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 5 July 2023

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this podcast episode, Robert Kiyosaki and Rick Rule discuss the current state of the US economy, the national debt, and the importance of investing in precious metals like gold and silver. They highlight the alarming levels of debt and the potential consequences for future generations. Robert shares his personal experience with buying gold and silver and emphasizes the need for individuals to take control of their financial future. They also discuss the concept of debasement, the impact of government policies on the oil industry, and their concerns about central bank digital currencies. The episode concludes with Robert expressing his gratitude to Rick for his insights and expertise.
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See important disclosures at masterworks.com/cd

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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.

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Transcript

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1:05.0	Here's to John. His drive is going better than expected. Not just because he's going away for the weekend, but because he's virtually there.
1:13.0	He can almost taste that first ice cream on the beach. Why? Because he beat the rush by visiting SO midweek to fill up and check his tire pressure.
1:22.0	Not on the morning of the trip, like everyone else. We applaud you, John. Extra sprinkles for you.
1:28.0	Your are kind of driver. SO, a plan journey is a smoother journey. CSO.co.uk for details.
1:35.0	This is the rich dad radio show, the good news and bad news about money. Here's Robert Kiyosaki.
1:44.0	Hello, hello, Robert Kiyosaki. The rich dad radio show. We're in the heat of Phoenix, Arizona. And you know, Arizona is either heaven or hell and it's getting close to hell right now.
1:54.0	But it's a dry heat, as he say. And we were very special show today as all of our shows are, but it's a...
2:00.0	Man, I tremendously respect. He's looked up to, you know, those are the people that are just the pillars in any industry.
2:09.0	And this gentleman is the pillar in this industry. And he's Rick Rool, founder of Rool Investment Media. And when he speaks, people listen.
2:21.0	And we're going to be speaking about one of my favorites. Subtract today is precious metals, which is gold and silver.
2:27.0	But it's not about that. And by the way, we don't recommend any buy, you know, where I'm information company. We don't recommend buying anything.
2:34.0	Although I think you're foolish, you don't. But anyway.
2:39.0	Now, point here is this is that I just love the precious metals market. And we're going to go into why if you haven't started, or if you have started, you know, as you say, back up the truck.
2:55.0	So this is Rick Rool and Rick, welcome to the show.
2:59.0	Robert, thank you so much. I always enjoy our interviews. And thank you too for the rich dad poor dad work you've done, particularly around financial aid.
	...

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