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

Why is Gold Important? Episode 3 of 4-Part Series

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

🗓️ 17 January 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

In this podcast episode, financial experts including Robert Kiyosaki, Dana Samuelson, Jim Clark, Charles Goyette, and Andy Schectman explore the significance of gold as a timeless form of currency and a safeguard against economic turbulence. They discuss gold's unique properties, its historical role as a reliable medium of exchange, and the dangers of relying on fiat currency. The conversation also addresses central banks' gold acquisitions, the possibility of government gold confiscation reminiscent of the 1933 U.S. event, and the diverse views on its probability and consequences. The episode offers a comprehensive analysis of gold's value in the face of contemporary financial challenges and its importance in investment portfolios for wealth preservation.

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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.

Transcript

Click on a timestamp to play from that location

0:00.0

Amazing! there's up to 50% off the most popular brands of sunglasses and

0:13.8

prescription glasses there's even up to 50% off hearing aids up to 50% off in the

0:19.4

optical center sale don't wait bring the whole family and make the most of it.

0:24.0

Sale offers can't be combined with other current offers.

0:28.0

See in store for T's and C's.

0:30.0

This is the Rich Dad Radio Show, the good news and bad news about money.

0:37.0

Here's Robert Kiosaki.

0:39.0

Robert Kiosaki, Rich

0:44.0

Radio Show.

0:42.0

Then this is part three of a four-part series and in my

0:45.2

opinion all our shows are important but these four series are the most

0:51.0

important because if you're working for this garbage here called paper

0:55.1

you're about to get wiped out because this has no value to it. This is not even

1:00.5

valuable as toilet paper is a little too small.

1:03.4

So that's why most people have been conditioned to work for this year.

1:07.4

So this is part three, a four-part series for full disclosure.

1:11.7

These are the gentleman I go to because I want information more

1:15.9

than the gold and more than the silver and so our and so today's subject is why is

1:22.4

gold important the next subject is why is gold important. The next one is why is silver

1:25.6

important. So those guys, all silver stacker guys out there, oh I'm saving

1:29.9

some, I'm saving some. I'm going, gee, give me a break.

1:34.2

So you young guys out there pay attention,

...

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