The Coming Financial Crisis and the Return to Gold

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

🗓️ 4 November 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels through printing trillions of dollars during the pandemic, but the full effects are still unknown. Today’s guest says the pandemic has created a multi-generational shift in the economy and he believes the pandemic is not going away anytime soon. As a result, he’s making a prediction for gold to hit 15k by 2025.
Listen as James Rickards, former national security advisor for the Pentagon and the CIA, gives his insights and predictions for the following topics:

What does the rising price of gold mean?

Why is Buffett selling bank shares and buying Barrick gold?

What’s the difference between bonds and gold?

Inflation vs. deflation; the velocity of money

Hosts Robert and Kim Kiyosaki and guest James Rickards discuss the current state of the global economy and why he believes we are headed for a major global financial crisis in the near future that will be greater than 2008.

Visit www.jamesrickardsproject.com
Follow Jim on Twitter @jamesGrickards
Follow on Facebook: @jamesGrickards
Watch Jim’s YouTube Channel: The James Rickards Project
Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Did you hear about Rich Dad's new podcast, Melania Money?
0:05.0	Don't you want the truth about money and not just the lies and media selling you?
0:09.0	Don't you want to control your own future?
0:12.0	Then join me, Alexandra Gonzales-Gonesa, as I interview the number one personal finance author in the world.
0:18.0	Robert Kiyosaki, as well as many of the world's greatest thinkers about money, finance and the economy.
0:26.0	Robert and I will show you how the lessons of Rich Dad Portad apply to the entire generation of millennials.
0:32.0	You won't hear the old advice of saving your money and getting 401k.
0:36.0	Instead, you will get real advice from the most successful people who have real knowledge about the real way money can be made
0:45.0	because they actually do what they teach.
0:48.0	Join me as Robert and I take you down the path to true wealth.
0:52.0	With the Rich Dad Company's newest podcast, Melania Money.
1:23.0	Use Corporate Direct to set up and maintain your LLCs and corporations.
1:28.0	Corporate Direct is owned and operated by attorney and Rich Dad advisor, Garrett Sutton.
1:33.0	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
1:37.0	He is Robert Kiyosaki's attorney for asset protection.
1:41.0	He and his team will do it right.
1:43.0	Visit them at corporatedirect.com or call 800-600-1760.
1:49.0	www.RitchDad.com
1:58.0	This is the Rich Dad Radio Show, the good news and bad news about money.
2:04.0	Here's Robert Kiyosaki.
2:07.0	Hello, Robert Kiyosaki.
2:09.0	The Rich Dad Radio Show, the good news and bad news about money.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.