Manage episode 286471288 series 2631573
Robert Kiyosaki is well-known for the phrase “Savers are losers” and it’s never been more true than in today’s economy. In his book, today’s guest says, “As history reveals an ugly pattern of governments spending tomorrow’s hard-earned savings today leaving unknowing savers holding the bag.”
What most people don’t understand is that this is all a well-orchestrated plan to keep things from collapsing. But if you have to understand what comes next you can profit.
EB Tucker the author of “Why Gold? Why Now?” says, “There’s a reason why the world’s elite count gold as a core asset. During periods of financial turmoil, it’s invaluable.”
Tucker further explains, “Gold is the only asset that's not someone else's liability. Apartments rely on paying tenants, stocks rely on company profits, bonds rely on stable interest payments. Gold doesn't rely on anyone or anything for its value.”
Host Robert Kiyosaki and guest EB Tucker discuss why you need to stop playing defense with your money, and why owning gold today is more important than any other time in history.
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