Understanding Gold, Silver, and Bitcoin as Investments - Robert Kiyosaki, Andy Schectman
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- čas přidán 7. 07. 2024
- In this episode, Robert Kiyosaki expresses his concern over the declining value of the U.S. dollar, citing rampant debt and irresponsible financial policies as the primary reasons. Kiyosaki dives into a discussion about Bitcoin, gold, and silver, framing them against the backdrop of current global and domestic unrest.
Schectman discusses the importance of precious metals and cryptocurrencies as a hedge against economic instability. They explore topics like the historical significance of gold and silver, the undermining of the U.S. dollar's credibility on the global stage, and the increasing importance of having assets outside of traditional currencies in facing a potential economic crisis. The conversation concludes with insights into personal finance strategies such as paying oneself first and the critical importance of financial education.
00:00 Introduction
00:47 A Deep Dive into Global Politics and Economics
11:10 Understanding Gold, Silver, and Bitcoin as Investments
19:01 The Importance of Diversifying Your Portfolio
24:55 Exploring the Cloward-Piven Strategy and Its Impact
27:23 The Role of Education and Media in Economic Theories
29:44 Analyzing the Financial Implications of Government Policies
33:40 The Debate on Gold, Silver, and Cryptocurrency Investments
43:29 The Importance of Financial Education and Personal Investment Choices
47:14 Final Thoughts and the Future of Financial Stability
www.richdad.com/
Facebook: @RobertKiyosaki
/ robertkiyosaki
Twitter: @TheRealKiyosaki
/ therealkiyosaki
Instagram: @TheRealKiyosaki
/ therealkiyosaki
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
I want a balanced portfolio with growth investments, safe investments, and also focus on dividends to gain up to $20K monthly, my concern is picking the right stocks that can survive a recession. How do i go about this ?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. Depending on the worth of your portfolio, you should consider financial advisory.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. financial advisors are the most sought-after professionals after doctors.
Please can you leave the info of your invstment analyst here? I need such luck
Vivian Carol Gioia is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
With the ETF approved, institutions will need to buy Bitcoin for their ETF. There will be marked increase in demand, can i get in and still make profits? i have set aside $250k to get fully invested this year
Yes of course you still can. Reminds me of the guy who bought bitcoin in like 2011 and everyone was calling him a chump, then the market boomed and after a few years and he made a killing, whereas many people got burnt because they doubted.
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1million in gains… might not be a lot but i'm financially secure.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Melissa Terri Swayne is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
Thanks for sharing FET and AMS89H. 💯
AMS89H will atleast beat LINK
this is only crypto project that I see has real use
It is funny that not everyone knows about AMS89H
very promising
I've heard lots of people from X and Facebook talking about this one
The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.
could you recommend some good advisers? don’t get me wrong, I already have an asset manager for my 1m portfolio, but he seems not to know much about crypto.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for sharing, I must say, Jennifer appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
Rock the AMS66P. Loaded more today
SCAM!!!
I just went big on AMS66P, and AERO
SCAM!
I just went long on PEANUTBUTTER.
Aero will hit $50 by 2026.
Thanks for sharing FET and AMS99T. 💯
I am so bullish right now
all of my friends told me to buy this, I did know it was from AMAZON
really good project
Why everyone is talking about AMS99T?
It will soon all over the news
I agree with AMS66P! I think you're a optimistic on your projections for it.
I got invited to this yesterday and went in. Bearmarkets are dreams for scenarios like this one
I see Elon Musk rotating that he was slower than Bezos here
Anyone knows how much I can invest at this sale stage? And when is public stage 1?
Check the graph you can really easily tell what is going to happen next days now
Odd release that they do it right now but who cares
Give us the AMS66P! I need maximum gainage! For extreme bustism!
😂😂 love these foreign bots. I want a busty stock with big knockers!
@@mattatuckmanful They just want extreme botulism... Big knockers cost extra.
BTC can disregard techincals when in a bull, did that in 2020 when it crossed previous ATH... stayed there a few weeks and continued pumping like crazy to 60k. Also, there is one constant... when around 90 on monthly RSI, the end is near. And don't expect crazy price targets of 500k... expect around 100k at most and be happy if there's more after that. If you believe big boys and CEO's of big invesment firms saying targets like 1M this cycle.. you deserve to be their exit liquidity..It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3B'tc to a decent 21B'tc in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders.
When the GRID goes down!!! There goes your Bitcoin dudes !!!!!!! Dun put your hope on anything !!
AMS66P is the Eth of memecoins. Mark my words
Building wealth involves good habits and risks like putting money into solid investments like digital currencies,having a good financial manager is what people tend to shy away from,and it keeps hunting them in the near future after many losses, be disciplined and get certified advisor pray that anyone reading this will be successful!!!
Are individuals still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. Anna Dorris Arthur ,got me covered!
Hey everyone! 👋 Just starting my investment journey in crypto and stocks. 🚀 how do I reach Anna Dorris Arthur? Let’s grow together.
+1838
205
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Christy Fiore.
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
May God bless Ms Christy Fiore services,she have changed thousands of lives globally.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
As a beginner, it's essential for you to have a mentor to keep you accountable..
Her technical analysis is excellent and her interpretation/projections of the market is so accurate I sometimes ask myself if se is human haha. Point is, Kerrie is the perfect tradher to follow for advise and daily signals...
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience....
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary...
Kerrie Farrell strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started...
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I'm new at this, please how can I reach her?
she's mostly on Instagrams, using the user name
FXMILLER15 💯.. that's it
*The first step to achieving wealth is figuring out your goals and risk tolerance. Either on your own or with the help of a financial planner and by following through with an intelligent plan, you will gain financial growth over the years and enjoy the benefits of managing your money.*
*Browse Donald Nathan Scott.*
Thanks for this great content guys God bless you both Andy shackman your a Legend
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Just research the name Angela Lynn Shilling. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much for including AMS66P the last time.
What I like most is how typical influencers tend to ignore gems like this and rather throw random pumps at us, those which eventually lose all of their value. This one keeps the value up
I don't know if it is the right time for this. Seriously I like the project but look at what's happening in the world
Grabbed mine ✔
Yes AMS is here who could have thought
Good move
Amazons AMS66P look impressive, excited to explore its capabilities!
AMS is positioned for success in the evolving crypto landscape.
AMS is set to revolutionize digital payments worldwide. 🌐
Investing in AMS during the presale was a strategic move. 💡
AMS's technology is impressive and innovative.
AMS is backed by Amazon's reputation and innovation.
Robert, it’s good to hear your views on politics
Always love Andy and his knowledge!!😊
Just finished one of Robert's books retire young retire rich
Lovin' the desert heat!
we get absolutely bum fucked in the UK when trying to buy gold and silver.
Please post the spelling or link to the Cloward? Pippin info.
It’s cloward and piven
@@joshuawilson1407 Thank you so very much.
I read Robert's books about 20 years ago. To his credit, he has been advocating that people buy silver and gold coins from the get go for as long as I can remember.
Robert, I work for a Japanese company YJBM based in USA and love and respect them for their morals. Andy, you need to know the support for the Jewish people are far higher than you think! Please know that you both are loved and respected very much. Thank you so much for all you've brought to the financial community. God Bless you both 🙏
Hi Robert, I actually reached out to Andy and his team and they got back to me very quickly. Believe it or not, Rich Dad Poor Dad was the first book I ever read, front to back. It was amazing. I never thought anyone ever thought the way I did, until I read your book. I listen to your youtube channel and your guest speakers almost every day. I listen to a lot of Adam Taggert with thoughtful money as well. I have always wanted to meet you in person, but I was wondering if I could work with you. I have a background in entrepreneur, top sales, business and investing. I currently have different businesses I work on and with, but would love to work with you and possibly Andy's team to add some more knowledge and streams of income. I wasn't sure of how to get in touch with you or Andy directly, so I figured I would start here. Would be great to hear from you. Thank you and hope to hear from you.
You want to understand the Rioters? Alfred's explanation of the Joker to Batman applies: "Some people just want to see the world burn".
I’m a Christian & I totally agree with everything Andy said ❤️😃
Any time the military industrial complex is paid with money out of thin air, this directly raises the prices we pay on goods and services.
Thank you very much for your fruitful videos
I never understood cryptos-the way I see it, if the power/internet gets shut down, there goes your wealth in crypto.
bu-bu-but the blockchain! satoshi! future!
Fought in Vietnam for freedom!> Yeah, right!
I thought the same when he said that!
I love it, Allegiance Gold ad but buys from Andy, capitalism at its finest 😂😂😂❤
I noticed that too. lol
Jordan Maxwell the guy who explains so well about Israel.
Please explain to me, WHY A COUNTRY PRINTS MONEY, YET BORROW MONEY FROM OTHER COUNTRIES...WE SHOULD HAVE NO DEPT...JUST SAYING. If u print all u need, there is no need to borrow.
Good question, however I think it’s all about creating debt to create slaves, control over all Americans and other countries
Cooking the books, everyday. The FED's balance sheet. has two ledgers one public one hidden. Guess where the hidden one is. Ed K
The fed is separate from our country it is a private bank printing money and Congress keeps spending it increasing our debt making the private bankers rich and destroying us
Is a Ponzi Game
Thank you very much Andy and Robert for your help
GOD BLESS YOU 🙌 GUYS
I enjoy your shows
What about the performance of Gold and Silver when we go into Recession? In 2008 Gold dropped 30% and Silver declined 75%. I have about 17% of my portfolio in Gold should I be buying now at $2400 or wait for the correction in Recession to go to 25% exposure?
Andy when l first heard you tell the story about your dad. It rang bells in me. So l am following your dads advice faithfully. God bless him and you for sharing.
It’s not anti-semantic, it’s not anti-Israel it’s anti-genocide
Right! I can’t believe Robert! But he wants to call out Grant cardone but he is no better than. He is putting a blind eye against the killing of kids
Exactly. Being anti-Zionism isn’t anti-Semitic.
@@adamzioriophotography not to mention that Palestinians are of that land and have much more Semitic blood than those who came and occupied.
IT is: anti-Zionist.
Hot is good Robert!
Great video !! Q: What if there’s an EMP STRIKE? How do you exchange BITCOIN?…
I see coments about the desert heet, im living in the desert cold and wind, depends on what desert, Jan. 7 this year it was neg 7, should be hot by mid june till sept, up at 5 work till it gets hot, have brakefast relax rest of the day, love the summer elevation 4k feet air is so clean feels like you are whereing a respirator.
What is the safes investment
What’s with that creepy chuckle @23:28
Beck has been talking about The Cloward Piven Strategy for over 15 years
Thanks guys
He,s not jewish.. khazarian is the word.
Respect and trust Andy and so very glad you are friends. Robert has been someone I have admired for his point of view and courage to deliver his message to the world. Much gratitude to both of you.
TY good program.
My question is if fiat dollar going to zero, BTC backed by fiat dollar?
Look for iso 20022 regulated cryptos, they are backed by pm
yes! exactly, bitcoin is just measured against fiat, the value bitcoin holds is that you can redeem it for fiat, gold and silver on the other hand do possess innate value, the dollar amount may go up or down, but the oz/ weight of the metal is the same. the metal is not changing in value, the dollars you buy the metal with is losing purchasing power, so you require more dollars to buy the same oz/amount/weight. when gold/silver price in dollars go down, that means the dollar is going UP in purchasing power.
Thanks Robert once again!!!
Theres a big difference between not wanting innocent people to die and being anti jewish. I spent 25 years in boca raton which has a ton of jewish people. I made alot of friends but dont want people starving
Agreed.
Good information
i would like to know what mr kiyosaki thinks about copper as a means to store value.
Hope you live a long life, Robert! Loving you educating others and speaking your truth.
I tried buying bitcoin back when it was $165. A coin, i just couldnt make it work, i got angery and bought siver insted, found out i didnt have enough gigs where i was living, out in the boonies, when in town i went to the coin shop where it was easy to get silver, im a miner since 1978, in gold country, have all equipment, so i mine gold and buy silver, people dont realize even if they have no hart for bitcoin, you can alwase trade it for gold and make out. O well, i still have my siver and gold, bitcoin is out for me.
Great vid and Robert mentioned Solana 🤫🔑
Thank you I appreciate you Barbara from the big island
I like the rational behind AMS66P thanks for the tip
Is this for real?
Anyone knows how much I can invest at this sale stage? And when is public stage 1?
Trending Twitter, CZcams, Facebook and who knows where else. For good reason
I believe it is better than XRP
Strong upwards movement here
Thanks Robert, and Andy. I always appreciate your input.
Andy., are you having any problem buying US silver Eagles.? Bix, said the mint stopped minting US eagles on March 6th. Are they getting harder to come by. Please be specific on whats going on with the mint.??? Ed K
Most people dont buy bitcoin for the same reason as hold though.
it's business first and precious metal dealers will accept crypto in order to sell PMs, this dosen't mean they believe in crypto, quite the contrary, dealers talk protecting yourself with PMs but on the other hand accept crypto, where do you stand, one is polar opposite from the other, one is truly a physical asset and one is far from that, business first over everything and PM dealers are no different.
Enjoy this podcast guys because you speak the truth about the oncoming crisis and thoughts about our monetary system. Hey Robert, I didn't realize this but we have something in common, helo pilots in Vietnam, for me USMC '66 to '67. Temper Fi.
Min 1:40 did Robert say he was defending our freedom when he fought in Vietnam? That was a French war, we had no business going to Vietnam😮😮. Does he also believe that JFK was killed by a lone gun men?
Great show. Thank you
Andy , you forgot to mention the money given to Israel !! Why ?
Thank you Robert for your service. God bless
One must learn to 'Read' between the lines; ie, 'Read' between the use of words.
Example:
FBI: "We lost the lap top.";
does not mean:
"We lost the data/information
found on the hard-drive."
Who is Best vault in Australia Victoria?
Robert thinks fiat bitcoin is money. No difference than dollar based on nothing
Semper Fi Robert.
Seeing the two of you together made me think of 2Pac “Two of America’s Most Wanted” ft Snoop Dog. Ain’t nothing but a gangsta party.
Why is the fed allowing a mint to make gold eagles ?
Is only business
Gold, Silver, and Bitcoin are speculations not investments your betting those things go up but you cant know they will. investments have a long term track records of consistent returns.
Am in uganda I have gold n silver but i want to exchange to bitcoin can someone advise me how to do it please however I have less knowledge about bitcoin thanx for the show guys.
Great podcast!
Thanks for the education to both of you. And Andy, you look so much younger in person. I had no idea that I was older than you. It was great hanging out with you in Las. Vegas.
Attorneys have no financial education
7:20 "TRUE"!!!!! 💯💯💯
eat your silver and gold
Your paper money is only paper and every year is worth less and less
I'm learning this stuff late at 55yrs. I can see what's coming and tried to educate my young adults kids and you know what - they think I'm talking stupid and up my ass. Can't afford gold but have a few 1c coins. Got couple of index, Etf funds and an emergency fund 2200.00. I also do some prepping. Im hoping I'm understanding and I'm on the right track
Costco just had silver for sale so bought the Canadian leaf. It’s all I can afford. Golds taking a bit of a correction. We’ll see if he’s right
Silver has the most potential.
I would love to know where can I go to start buying bitcoin?
Andy is very very smart!!!!
I would love to see Robert Kiyosaki and Michael Saylor meet and talk about money.
I find it to be intensely annoying how they keep trying to link “Bitcoin” to PM’s. Every time they write an article about bitcoin, the picture always shows a gold coin. All the conversations online always end up discussing bitcoin. All the groups on FB and other apps have endless people that join the groups and start talking about bitcoin.
I don’t understand how people are connecting a metal that comes out of the earth, and computer software that is man made.
First of all, stop comparing gold to USD. If you want to talk about wealth stockage, then you must compare gold to 1 year TBonds for example. Storing USD generates interests.
Stupidity is evil, Especially when it is wilful stupidity.
Kiyosaki is funny guy :D
well, saving a certain amount of dollars to cover a span of time for bills in case your income stream stops, is not a bad idea. But to invest in dollars, yes, a bad idea IMHO.
Maybe we won't need cruise missiles in the future.
first 9 min to cut
but ETH is like fiat... printed to infinity
Look for iso 20022 regulated cryptos. They are backed by pms
I just dunno. Know nothing about crypto, have misgivings all over with paper money, so I’ve taken to acquiring metals. Because metals are something that one can hold in their hand, and seem to historically keep their value. Perhaps I just need to be educated about cryptos. I’m old school, and there’s no cryptos where I am.
I DONT TRUST CRYPTO to me is a Ponzi game worldwide
12:30 Robert, let your guests speak sir lol
I’ve used bit coin for actual transactions as a currency. It sucks. My valuation is based on actual experience using it for what it claims to be.
Why does it suck?
Robert , stick to gold and crypto my friend
We all have different opinions about politics
Mostly we strongly support to stop war in Gaza