Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki


Silver & Gold – Hidden Secrets Of Money 4 – The Biggest Scam In The History Of Mankind (In 7 Easy Steps)

You are about to learn one of the biggest secrets in the history of the world…it’s a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn’t quite right with the world economy, but few know what it is. Gone are the days where a family can survive on just one paycheck…every day it seems that things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today. The powers that be DO NOT want you to know about this, as this system is what has kept them at the top of the financial food-chain for the last 100 years… Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world…because it will change the system . For this is the biggest Hidden Secret Of Money. Never in human history have so many been plundered by so few, and it’s all accomplished through this…The Biggest Scam In The History Of Mankind. Share and...

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Simon Black – Gold, and the four words that define western economic policy

[Editor’s note: Tim Price, frequent Sovereign Man contributor and Director of Investment at PFP Wealth Management in the UK is filling in for Simon today.] Despite nearly $ 17 trillion reasons, there are investors stupid enough to believe that debt issued by the world’s largest debtor country (i.e. US Treasuries) should be treated as a risk-free asset. This is even more astounding given that the possibility of formal default is only a matter of days away. Treasury bond defenders will no doubt point out that in a fiat currency world where the central bank has the freedom to print ex nihilo money to its heart’s content, the very idea of default is absurd. But that is to confuse nominal returns with real ones. Yes, the Fed can expand its balance sheet indefinitely beyond the $ 3 trillion they have already conjured out of nowhere. The world need not fear a shortage of dollars. But in real terms, that’s precisely the point. The Fed can control the supply of dollars, but it cannot control their value on the foreign exchanges. The only reason that US QE hasn’t led to a dramatic erosion in the value of the dollar is that every other major economic bloc is up to the same tricks. This makes the rational analysis of international investments virtually impossible. It is also why we own gold – because it is a currency that cannot be printed by the Fed or anybody else. On the topic of gold, the indefatigable Ronni Stoeferle of Incrementum in Liechtenstein has published his latest magisterial gold chartbook. Set against the correction in the gold price 1974-1976, the current sell-off (September 2011 – TBD) is nothing new. The question is really whether financial and debt circumstances today are better than they were in the 1970s. We would suggest that debt fundamentals are objectively worse. Trying to establish a fair price for gold is obviously difficult, but treating it as a commodity like any other suggests that the current sell-off is not markedly different from any previous correction during its bull run: To cut to the chase, it makes sense to own gold because currencies are being printed to destruction; the long-term downtrend in paper money (as expressed in terms of gold) remains absolutely intact: And we cannot discuss the merits of gold as money insurance over the medium term without acknowledging the scale of the problem in (US) government debt, now closing in on $ 17 trillion. Whatever happens in the absurd and increasingly dangerous debate over raising the US debt ceiling, the fundamental problem remains throughout the western economic system. The piper must,...

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Gold Bullion Continues to Drain Out of COMEX

It was announced this evening that President Obama will nominate Janet Yellen as the new Fed Chairman tomorrow, having been denied his first choice of Larry Summers by popular outrage. There were big adjustments in the registered (dealer) gold inventories at JPM and HSBC yesterday as a total of over 40,000 ounces of gold bullion moved back to the customer storage category. In Scotia Mocatta 4,572 ounce of customer gold moved into the deliverable category. Brinks received about 1,700 ounces of gold into its registered category which will be offered for delivery and Scotia also received 1,618 ounces into storage. These were the only external transactions. So as of yesterday there was a total of 731,226 ounces of deliverable gold, and a total of 6,888,160 ounces of gold in all the COMEX warehouses. And there are 48 times more claims for the deliverable gold than there is gold to deliver, at least at these prices. They may dodge, bluff and finesse their way for some time, the audaciously clever ones that they are, but at last there will come a reckoning, as it comes for all. Weighed, and found wanting. Stand and deliver. By Jesse Gold Bullion Continues to Drain Out of COMEX Share and...

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$1500 SILVER Mike Maloney on Gold & Silver Bullion Investing

SILVER Mike Maloney on Gold & Silver Bullion Investing. Share and...

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Gold Holds Above $1,300 as Investors Weigh Shutdown, Stimulus

Gold held above $ 1,300 an ounce after gaining the most in two weeks as investors assessed the U.S. government shutdown and its impact on the outlook for monetary stimulus from the U.S. Federal Reserve. Bullion for immediate delivery fell as much as 0.5 percent to $ 1,309.47 an ounce, and traded at $ 1,312.28 at 2:15 p.m. in Singapore. Prices climbed 2.2 percent yesterday, rebounding from an eight-week low of $ 1,277.15, after a private report showed U.S. companies added fewer workers than forecast in September, supporting the case for the Fed to maintain its $ 85 billion-a-month of bond buying. The first government shutdown in 17 years, which IHS Inc. (IHS) estimates may cost the U.S. at least $ 300 million a day in lost economic output, extended into a second day yesterday as President Barack Obama refused to negotiate in a meeting with top congressional leaders, said House Speaker John Boehner. Gold dropped 22 percent this year on speculation the U.S. central bank may scale back asset purchases as the economy recovers. “The market expects a short shutdown that will have a minimal impact on the broader economy and doesn’t change the Fed’s timetable on tapering,” said Mark To, head of research at Wing Fung Financial Group, a Hong Kong-based precious metals trader and refiner. “If the budget standoff stretches into next week, it could begin to negatively impact the economy, and the demand for a safe haven will support gold.” Gold for December delivery dropped 0.7 percent to $ 1,311.30 an ounce on the Comex in New York after climbing 2.7 percent yesterday and falling 3.1 percent on Oct. 1. Trading was 57 percent below the average for the past 100 days for this time of day, data compiled by Bloomberg show. Silver for immediate delivery rose and fell at least 0.5 percent, before trading 0.3 percent lower at $ 21.67 an ounce. Platinum was little changed at $ 1,387.20 an ounce and palladium lost 0.2 percent to $ 716.98 an ounce. Gold Holds Above ,300 as Investors Weigh Shutdown, Stimulus Share and...

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Simon Black – Five reasons why gold prices will decline

This morning I received a research note from a private bank I work with occasionally.Buried in the text was a call for lower gold prices, and the analysts listed five reasons why they think gold prices will decline. Here’s what they had to say: 1) “We expect the scaling back of [the Fed’s] stimulus to happen this year at the December meeting. A reduction in monetary stimulus . . . shall reduce the attractiveness of gold as a zero-income asset.” 2) “Inflation pressures in the developed world should remain subdued, lowering demand for gold as an inflation-hedge.” 3) “We expect the US recovery to accelerate, reducing the attractiveness for gold as a safe-haven asset.” 4) “A subsequent improvement in investor sentiment shall also reduce demand for gold as safe-haven asset.” 5) “Physical demand from India should be discouraged by the gold import duty increases and other measures that aim to reduce the current account deficit.” My analysis? These guys are completely missing the point. The reality is that today’s financial markets are controlled and manipulated by central bankers who are destructively expanding their balance sheets to the point of insolvency. Many central banks are already insolvent. Most “rich” countries are bankrupt. And the “richest” country in the world has entered yet another sad, farcical episode public fiscal humiliation. The US government is so broke that they fail to collect enough tax revenue to cover mandatory entitlement spending (like Social Security) and interest on the debt. And that’s with interest rates at all-time lows. The debt is growing by the day. The US government reached its statutory debt limit back in May, and as soon as they raise the debt ceiling, they’ll quickly reach the new limit again. The US government cannot even afford the 1.968% average interest that it is currently paying. (This is compared to 6.620% back in January 2001, and 3.665% in September 2008 when Lehman collapsed…) Politicians are seizing pension funds, raiding bank accounts, and raising taxes. They’ve imposed capital controls, and even restricted gold importation and ownership. Investors are addicted to cheap money like meth junkies. Stock markets are at all-time highs. Bond markets are near all-time highs. Many other asset classes (US farmland) and commodities (cattle) are also near all-time highs. There’s very little in this world that makes sense. I own farmland in South America as the ultimate hedge against inflation, system disruptions, and economic decline. Plus it generates great cashflow. But farmland isn’t terribly portable or liquid. And that’s why gold is such a great option. Precious metals are like an insurance policy. It’s a policy you hope you’ll never need to cash in. But if the need ever...

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Robert Kiyosaki – I Don’t Trust the Financial System, But I Do Trust Gold!

Financial expert Robert Kiyosaki points out, “The rich are getting richer than ever before, but the middle class is shrinking . . . . Both Obama and Romney promised to save them, and when politicians promise to save your butt, you know your butt is gone.” Kiyosaki, author of the mega best seller, “Rich Dad/Poor Dad,” goes on to say, “If you trust Obama or the Republicans or the Democrats, then you don’t need to buy gold. But I don’t trust them. I don’t trust Bernanke. I don’t trust the financial system, but I do trust gold. So, it’s not in God I trust, it’s in gold I trust.” Join Greg Hunter of as he goes One-on-One with Robert Kiyosaki Share and...

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Mike Maloney on the Fed’s Gold Trap and the End of the Dollar

Here’s what’s in your Prime Interest today: The London Whale has escaped the prosecutorial net! Bruno Iksil– the JP Morgan Chase trader who earned himself the nickname after a six billion dollar trading loss last year– is off the fishing hook, so to speak. He reached an agreement with US authorities yesterday. So, it looks like the mainstream media successfully floated his freedom. But now it seems federal authorities have other fish to fry. Today they moved up the food chain, charging Iskil’s former boss with wire fraud and a conspiracy to falsify records. The decision not to go after Mr. Iksill may prove important to the case, as it is likely he will be used as a witness for the prosecution. Let’s see how far they can swim upstream. And don’t break out your taper hats just yet. A sequester squabble could put a damper on the Fed’s plan to wind down QE. According to economists at Bank of America and Barclays, the risk of a government shutdown this October may delay any tapering moves, especially if Fed officials are on the fence. And if you are in Jim Rickard’s camp, who believes the Fed will taper in September or never, then QEternity may just become a QReality. Bob talks about the unprecedented expansion in base money with Mike Maloney, founder of and creator of the Hidden Secrets of Money. Plus, billionaire activist investor Carl Ichan is at it again. This time he is snapping up Apples, rather than nutrition supplements. He has taken a large position in the tech company and is pressing for a greater return of cash to shareholders. Ichan’s plan is for 150 billion in Apple stock buybacks. However, most of the company’s cash is held overseas– remember that little issue? Looks like Apple’s Irish tax scheme might not be so tasty to the dietary supplement King. Perianne profiles the mega-Ichan. Finally Bob talks to RT Correspondent Meghan Lopez about a recent drone conference — where no one was actually allowed to say the word “drone.” Share and...

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Robert Kiyosaki Rich Dad’s Opinion on US & Global Economy, Gold, Silver & Debt (December 2010)

Robert Kiyosaki talks about QE / Quantitative Easing / Money Printing and why savers in cash are losers and why it is better to save in gold and silver instead of paper currencies. Robert Kiyosaki also talks about using debt as a means of getting richer, by having assets that offset his liabilities, and the opportunity to pay back his debt with cheaper dollars, as the dollar keeps losing it’s value. Share and...

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Is China Ready to REPLACE the US DOLLAR – Interview with David Morgan

BREAKING Is China Ready to REPLACE the US DOLLAR David Morgan, Part 2 Share and...

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