Gold & Silver Are Real Money: Rich Dad's Kiyosaki

Rich Dad’s Robert Kiyosaki is on Kitco News to talk about why he prefers gold & silver over the stock market and what it really takes to be a successful investor on this edition of “On the Spot.” Kiyosaki says that he ignores the equities market because he would much rather own percentages of companies. “I don’t buy stocks, I sell stocks. I sell shares of my company,” he says. “I don’t buy shares of the company; I buy percentages of the company.” With regards to the precious metals, Kiyosaki says he likes gold and silver because he doesn’t trust the government, among other reasons. “As long as they’re printing money, I’d rather have gold and silver. I don’t think the dollar or the Looney or the euro will be around much longer anyway – maybe 5 years, maybe 10 years – but we cannot keep doing what we’re doing printing money,” he says. “I buy gold and silver because it is real money. So when the price of it goes down, naturally I’m going to buy more of it.” Watch now for more insights from the bestselling author of Rich Dad, Poor Dad Robert Kiyosaki. Kitco News, January 15, 2014. (show less)

Rich Dad’s Robert Kiyosaki is on Kitco News to talk about why he prefers gold & silver over the stock market and what it really takes to be a successful investor on this edition of “On the Spot.” Kiyosaki says that he ignores the equities market because he would much rather own percentages of companies. “I don’t buy stocks, I sell stocks. I sell shares of my company,” he says. “I don’t buy shares of the company; I buy percentages of the company.” With regards to ... (read more)

On The Spot

On The Spot
Editor-in-Chief Daniela Cambone puts some of the A-list names in the commodities space 'on the spot'. From key political & economic leaders to metal market opponents, she has guests from all over the globe answer some of the most challenging questions surrounding the resource industry. Tune in to hear what the elite have to say about the hottest topics in the industry.

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