Robert Kiyosaki | Kiyosaki Explains Why the Dollar Consistently Loses Value & Gold Holds Its Value + "Gold Has Not Changed. The Dollar Is Losing Value. It's Really Quite Simple. 1971 Nixon Took the Dollar Off the Gold Standard."
Thrivetime Show | Business School without the BS
Clay Clark
4.7 • 1.5K Ratings
🗓️ 12 March 2025
⏱️ 14 minutes
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Summary
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Transcript
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| 0:00.0 | All right, we're going to do a Q&A, so I'm going to give you this mic, Robert, this is the hot mic. |
| 0:04.5 | I'll switch your mics here. |
| 0:05.9 | Welcome, sir. |
| 0:07.2 | Thank you. |
| 0:08.2 | This is the most interesting place I've ever been to. |
| 0:11.3 | Go ahead. |
| 0:14.4 | Most interesting place has ever been to. |
| 0:16.0 | Craig is mic up nice and hot. |
| 0:17.1 | Most interesting, seriously, ever? |
| 0:19.6 | It's you. I mean, it's fantastic. |
| 0:25.3 | Now, Robert, I want to ask you this. Warren Buffett, Warren Buffett once said, he said, since I was |
| 0:30.8 | born in 1930, the dollar has depreciated by well over 90%. That's Warren Buffett talking about |
| 0:36.2 | the dollar losing its value. |
| 0:43.8 | You are one of the first entrepreneurs that I saw at scale in your podcast, which people can find on YouTube, the Rich Dad, Poor Dad podcast. I saw you with the podcast. I saw you through books |
| 0:48.1 | talking about the collapse of the dollar. And so I thought to myself, you know what I'm going to do? |
| 0:52.6 | I'm going to assume Robert Kiyosaki's crazy, and I'm going to go meet with people I know that own banks. I'm going to ask |
| 0:57.5 | them the same questions. And they were all telling me, if you don't hate yourself, just take a |
| 1:02.2 | quarter of your income and buy gold and just hold. And so as a result of your pro tips and the |
| 1:08.1 | results of these advice from these people that own banks, |
| 1:13.4 | I've just been buying gold very consistently since 2005. |
| 1:18.3 | And since that time, it's gone from 400 an ounce to almost $300,000 or $3,000 an ounce. |
| 1:21.3 | Could you explain for you about that it's maybe new to this idea? |
... |
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