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

Will Gold Skyrocket??

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

🗓️ 5 June 2024

⏱️ 40 minutes

🧾️ Download transcript

Summary

In this episode of the Rich Dad Radio Show, Robert Kiyosaki welcomes esteemed guest Jim Rickards, known for his influential books like "Currency Wars," "The Road to Ruin," and "Aftermath.” The discussion centers on the future of gold, the reasons behind its rising value, and its implications for the economy. Jim, a former national security advisor for the Pentagon and CIA, provides a deep analysis predicting gold will hit $15,000 by 2025, emphasizing the economic troubles that this rise signifies. The conversation also covers Warren Buffett's shift from bank shares to gold, and the impact of inflation and deflation on the financial landscape. Tune in to gain invaluable insights and learn why gold could be essential for your financial stability.

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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

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0:00.0

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

0:07.0

Here's Robert Kiosaki.

0:09.0

Hello, hello, Robert Kiosaki and the Rich Dad Radio Show, The Good News and Bad Use about money.

0:15.0

And today we have the single most important show of your life.

0:21.1

And the reason for that is we have a very dear friend, but one in my opinion one the greatest minds of our times.

0:28.0

You know, there are sages of the time.

0:31.0

And this gentleman, our guest today is that person I mean some of you have heard of him

0:38.0

his name is James Rick jim records and I started with his book,

0:42.5

Currency Awards.

0:43.4

I've read all of his books up to that.

0:46.1

The other thing I like about Jim

0:48.0

is that he puts his books on audio books

0:51.3

and I can actually hear him read his book so I was listening the road to

0:56.4

ruin all the way through Montana and it was the most exciting but frightening book I've ever listened to an audio

1:04.6

but I already read the book but to listen to Jim Speak it was incredible. Any comments

1:10.2

Kim? Well, Jim's one of the one of the smartest guys we know and what's fascinating also is that he was a national security advisor for the Pentagon and the CIA. So there's probably things he can't tell us or he'll have to kill us.

1:23.0

So no, just a super good guy.

1:26.7

And author, last book he wrote was the new case for gold.

1:31.2

He wrote death of money, currency warscy Wars, Road to Ruin. His latest book is called Aftermath.

1:36.0

And it was published 2019. I think we're in the aftermath. We'll find out.

1:40.0

And one last thing too is he, Jim also has a financial newsletter and once you hear this interview you're probably going to want to sign up for it's called strategic intelligence.

1:48.0

So let me let me give you the agenda because we only have two 20 minute slots. So Jim has been calling and he's not a guesser. He is a mathematician. He's unbelievable. He's calling for gold to hit $15,000 by 20.

...

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