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Title: Robert Kiyosaki and Mike Maloney predictions in March 2008 View count: 3703 Rating: 5.0 (17 ratings) Description: These are two more of the very few market pundits I trust in the world. Robert Kiyosaki has a great financial I.Q. and in this clip from March 2008, he predicted the other fiat currencies of the world would weaken against the dollar (which they have big-time lately), in order for these other countries to trade and compete with the U.S. The important thing to take away from this video is that EVERY nation on earth is running the printing presses night and day and devaluing their currencies inline with the dollar. The dollar is still the world's reserve currency, so all of the other nations that have currencies pegged to the dollar must devalue their currency along with ours. The bottom line is, with EVERY country on earth inflating the money supply exponentially, it is only a matter of time before bedrock stores of value like Gold and Silver realign themselves and revalue themselves according to the trillions upon trillions of fiat dollars floating in the world. A new era is dawning, and it is an era where precious metals will once again be the "true" and ultimate stores of value. Hope you have some. Peace. C.J. in California Tags: robert, kiyosaki, mike, maloney, gold, silver, ben, bernanke, hank, paulson, fed, money, currency, depression, precious, metals, bush, Author: disciple90633 |
