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

Short Squeeze Mania: Silver vs. GameStop

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

🗓️ 6 February 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

Last week there was a classic story of David versus Goliath playing out in real life when GameStop mania shook up the stock market. In this special episode of The Rich Dad Radio Show, Robert Kiyosaki and Peter Schiff discuss how to everyone’s surprise, David won.
But last Wednesday, our guest predicted a much bigger short squeeze coming in silver.
Peter Schiff, the host of The Peter Schiff Show podcast, says, “The one thing silver has in common with GameStop is a short interest.”
Unfortunately, the average investor doesn’t understand the fundamentals of the markets, let alone how the stock market is overvalued. They just buy because the market is going up.
Host Robert Kiyosaki and guest Peter Schiff discuss the overvaluation of GameStop and the correlation to silver, and where you should be putting your money in 2021.
To contact Peter Schiff and his team visit:
www.europac.com
www.europacificfunds.com
Listen to Peter Schiff’s Podcast at www.schiffradio.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Don't Be Like Charlie.

0:03.0

Charlie is that do it yourself or who does himself in.

0:06.5

Do it yourself is good for tile and grout.

0:09.0

It is not good for asset protection.

0:11.5

Charlie thought he'd save a few dollars forming his LLC online.

0:15.5

With no guidance, he did it wrong.

0:17.5

When he sold the property, he lost thousands and thousands of dollars.

0:21.5

He did himself in by trying to do it himself.

0:24.5

Don't burn yourself.

0:26.0

Use corporate direct to set up and maintain your LLCs and corporations.

0:31.0

Corporate direct is owned and operated by attorney and rich dad advisor Garrett Sutton.

0:36.0

Garrett wrote the best seller's loopholes of real estate and start your own corporation.

0:40.5

He is Robert Kiyosaki's attorney for asset protection.

0:44.0

He and his team will do it right.

0:46.0

Visit them at corporatedirect.com or call 800-600-1760.

0:51.5

mention rich dad and receive $100 off your formation fee.

0:56.0

That's corporate direct.com.

0:58.0

corporate direct.com

1:01.0

Did you hear about rich dad's new podcast Millennial Money?

1:05.0

Don't you want the truth about money and not just the lies and media selling you?

1:09.0

Don't you want to control your own future?

1:12.0

Then join me, Alexandra Gonzalez-Gonesa, as I interview the number one personal finance author in the world.

...

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