Robert Kiyosaki Explains - The Real Value Of The Dollar Gold Silver

[Econofresh]

Does the us still produces stuff?

[groam6666]

I found a 1939 dime yesterday. It's worth 1 dollar.

[EXP0SEtheFRAUDS]

@groam6666 I found a 1939 doll yesterday, it's worth a dime.

[superhawkn]

Price of diesel might be best!

[THERollyboy123]

Sit at home and make more money in 15 minutes than most make in a week. Come visit my website, just google Gold Trading Academy to learn more.

[FortNikitaBullion]

I agree. I have 80% of my portfolio in gold, silver, and copper, and everywhere I shop I see prices going down: gasoline, groceries, utility bills, my rent, etc, while everyone is complaining about inflation.

[rapblack2]

Gold en silver por aqui gold and silver por alla no se cansa!

[DocWog]

Demand and supply is an economic model of price determination in a market.

Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.

[stsr23]

Robert, if you are so smart why are you not in the Forbes 400?

[chade1983]

@stsr23 Robert Kiyosaki is worth about $80 million. As far as his rich dad credentials are concerned, he makes a strong case. Is he doing what he says, eh... More than anything now, he is an author. He sells books to motivate you to go out and learn about money. It isn't that he will tell you how to get rich, but he will give you an idea about money. How to look at it and what to think about it. It takes hard work to get rich, he shares a mindset to consider while you try to get rich.

[stsr23]

No Robert, the real value of the dollar is what and how much of something can you buy with the dollars in your hand. The theory talk that you pass out is just that theory and opinion. Go to the grocery and pull out your dollar .........you'll find out real quickly the value of your dollar. Don't complicate it Robert.

[chade1983]

@stsr23 Are you trying to sell something in the same market as Robert or are you just a hater? Corn will gontinue to go up because of the mass market of corn and it's diversity of uses within the marketplace. Inflation will effect it's prices but it is more of a supply and demand commodity. In that a year where there is an over abundance of corn and we just have corn on every street corner, regardless of the abundance of dollars, corn will be cheap that year. Gold, oil, silver? Not so much.

[chade1983]

@stsr23 You are just a hater. This guy is right. You may not like it but he's right. World commodity prices are what you base value off of. Totino's pizza rolls are not a reliable commodity to judge the value of a dollar. Why do supermarket prices go up? Because gas and oil went up! Transportation costs. Why look at gas and oil against the dollar? So you know if transportation costs have increased. That isn't theory. That is fact. Food prices went up to compensate for the transportation cost.

[chade1983]

@stsr23 Where you listening to anything he said? Were you paying attention at all? Or was your pea brain just stuck in a loop going, "NO, NO, NO, it has to do with what the dollar will get you at the STORE!"

I bet it was.

Do you understand that the products on the shelves have to be produced somewhere off site from the stores and then delivered? If you want to know why they go up occasionally, you should watch the video again. Widen your scope of understanding and try to see the cause of it.

[takenote77]

Thanks Robert, You are a true teacher. My life has changed since 2002, and you and your books were and still are my educational guide.

[yoyuepz]

@takenote77 really?

[TheWildbill242]

Robert: There are so many of use that owe you for opening our eyes. Thank you.

[ARBuilder1776]

Oil will get close to or reach $200 a barrel.

I suggest all of you stock up on food and other supplies for the long term. Don't just think about your portfolios think about your families.

[androsborsato]

bed head lol, God bless you sir!

[MrStevilKneivel]

Kiyosaki is a product of AMWAY. His books are full of crappy advice and he is under investigation by the government of Canada. Kiyosaki also partnered up with Mr. bankruptcy himself, Donny Trump. What a twosome. Two con men. Trump should be in jail and so should Kiyosaki.

People...think...this guy makes his money from selling books. He made some big money selling books to AMWAY robots who love to get taken.

Kiyosaki is a scam artist and his advice is poor at best. Avoid at all costs.

[round360tuck]

@MrStevilKneivel

You forget the point on his emphasis on increase your financial education. You need to self study for financial skills and make sure you research what are facts and what isn't. Remember he just gives his opinions and suggestion for you to use and better understand what is going on. He is not going to give you step by step directions what to do with your money but rather offer you ways and tools to get smart with your money.

[ZOGcorp]

@MrStevilKneivel

Good post. Kyosaki is a two bit con-man. The only reason he's famous and successful is because Oprah Winfrey put him on her show and gave him publicity.

[HowToCollectMoney]

@MrStevilKneivel and who are you?

[MrStevilKneivel]

@HowToCollectMoney I am MrStevilKneivel. 

[MrStevilKneivel]

You can stock up all you want. The last great depression lasted for over 10 years. Can you stock up enough food to last 10 years? Will your silver get you through 10 years?

Best to go after those who gave us all this crap we are having to deal with.

The FED and the banksters were behind all of the economic problems and we allow them to continue screwing us. We need to end the FED and each state start a state bank. No more interest paid and no more private profits for the thieves.

[MrApadirect]

What are our exports? GM cars no one wants to buy? Technology and innovation that has moved to China? heavy equipment? Caterpillar is moving to China. "Financial products" ? yeah the world wants the same toxic shit that bankrupted the biggest economy in the world. Even financial firms are moving to China and India. Our biggest export is wars, weapons, pharma and DOLLARS and let's see for how much longer our fiat trash stays the global currency of choice.

[favorunmerited]

@MrApadirect Fiat simply means gov't sanctioned. If we went silver tomorrow, silver would be fiat.

[JezebelDecibel]

@favorunmerited You are forgetting one thing, if money is supported by an precious metal asset, it is not a sanctioning it's a backing. This is the difference between real sound money & currency. A currency can be backed by Gold & Silver or it can be backed by a government sanctioning. After learning the difference, I know what I trust the most. The psychical silver & gold.

[HowToCollectMoney]

@JezebelDecibel interesting

[tekmnd]

@favorunmerited

No it doesn't. Have a great day

[auctionmusic]

This makes Zero sense. Weak dollar means we can export more? Export more of what???  televisions? audio??? cell phones? computers? steel? shoes? furniture??? clothing??? food??? motorcycles??? cars??? software development??? technical support??? etc, etc, etc. How is a weak dollar gonna compete with 2.00 an hour wages elsewhere??? I know...we can export retail sales. insurance sales. financial services (wanna buy a Mortgage Backed Security?)

[favorunmerited]

@auctionmusic So, ask the question, which of these things do we actually make in America? Thumbs up.

[Doenietmeermee]

it takes two thing to know what the relative manipulated value is, that is why the answer depends on who asks the question

[treysparker]

The irony is pretty soon, food prices will triple, gas will double, and the CPI will still say we're running at 2-3% inflation annually.

People are going to by paying so much for what they need, that they will stop shopping, as soon as they do, prices for many goods will start to fall but only for the sake of increasing consumption.

And i havent even mentioned the next wave of housing foreclosures that will occur in 2011.

Its going to be a very bumpy road the next few years...

[Supratube1]

@treysparker smart man u are, exactly, peace bro

[HowToCollectMoney]

@treysparker bumpy indeed

[osuushiza8]

@treysparker True- pretty scary because this will also mean the Middle Class will become extinct and die down like many animal species have been. It also means if food prices triple, then a simple loaf of bread can become the price of a day's wage at work! then, when that happens, like you said, no one will shop. That's where the poor (past= middle class) will most likely eventually fight and even kill one another for food- by this, I mean cannibalism! So, yeah, I see a dim future here. -_-

[osuushiza8]

@treysparker True- pretty scary because this will also mean the Middle Class will become extinct and die down like many animal species have been. It also means if food prices triple, then a simple loaf of bread can become the price of a day's wage at work! then, when that happens, like you said, no one will shop. That's where the poor (past= middle class) will most likely eventually fight and even kill one another for food- by this, I mean cannibalism! It's possible. :/

[osuushiza8]

@treysparker

[TruthOverFacts]

What I dont understand is that if lowering the value of the dollar helps out business owners but not the employees given that things are more expensive then how does it help the business owners who depend on the holders of currency to be able to afford their product? I would've thought that the stronger the dollar is the more affordable the product Maybe thats just for domestic purposes because if international markets have a weaker dollar it could be more expensive for them. Is that the point?

[Supratube1]

@TruthOverFacts What you said is whats true. Less consumers buying from the business, business laying off, closing down, cause unemployment to go higher. Weakening your money helps nobody. Printing money, especially an insane amount, causes others to start printing. Then everybody is destroying their currencys. In the end, hyperinflation will kick in. Besides if your looking at it from in the country of the usa, they are too expensive with taxes and laws. Most businesses are leaving cause of it.

[TruthOverFacts]

@Supratube1 Thanks for responding. I figured that. Maybe there's something that im not understanding with the logic but it doesnt seem like inflating the money supply helps anyone except when trying to pay off fixed debt given that there's more money in the system to come across. Outside of that I dont anyway how weakening the dollar could be good for business owners. That would simply make their products more expensive to produce and then to sell. Maybe there's more to this that I dont catch.

[Supratube1]

@TruthOverFacts i was actually responding to your questions on the other guys name, oops, anyway good luck, printing helps nobody, never has, never will. It only stimulates the problem longer, which leads to a harder crash. I'm just guesing 2013 will be the year many will just kill themselfs, or which they would just die, going to be very sad.

[TruthOverFacts]

@Supratube1 I hear you man. Its time to start really preparing. Im stocking food and silver.

[treysparker]

@TruthOverFacts

Yeah im sure hes refering to businesses that export overseas will benefit (although they wont really be benefiting overall because whatever they make on the exports, wont buy them much domestically for their business) i mean if the dollar goes down 20% and their exports increase 20% have they really made any real wealth? No.

But those who export will certainly be better off than those in a domestic service business.

Honestly no one really benefits from a weak currency.

[Supratube1]

@treysparker imo it looks like it's going in the direction that each nation will be every nation for themself. Im in the usa, and i think you are to, we will have it the worst. We have way too much importing, the other nations won't be bringing nothing into this country after what we did, and for what???.....paper. China is slowing getting away from paper, and is telling their people to buy silver and gold, don't know about you, but I'm following the chinese man lol, good luck bro when shtf!

[treysparker]

@Supratube1

lol goodluck to you too man. I mean because we can see whats coming we can prepare, many others arent so lucky. Most of America in fact...

But i agree completely, China isnt telling its citizens to buy precious metals for no reason. They know just as we do what's going to happen. Its common sense.