Robert Kiyosaki: The dollar is 'fake,' this is why the American empire is at its 'end'
Robert Kiyosaki, best-selling author of the 'Rich Dad, Poor Dad' series, explains why he thinks the dollar is 'fake,' and why he prefers assets that 'cannot be printed,' like gold, silver, Bitcoin, and even Wagyu cattle. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, at the VRIC Conference.
Follow Michelle Makori on Twitter: @MichelleMakori ( / michellemakori )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
Follow Robert Kiyosaki on Twitter: @theRealKiyosaki ( / therealkiyosaki )
0:00 - Intro
2:09 - The dollar's demise
8:28 - Investment implications
12:52 - Central bank gold buying
14:46 - Real estate and the Baby Boom
16:38 - Inflation and energy
24:14 - Foreign policy
30:15 - Bitcoin
31:37 - Closing thoughts
#gold #silver #bitcoin
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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Пікірлер: 1 100
Watching this 2 weeks later and the US banks have started collapsing. This guy is spot on!
@dustinmiller2775
11 ай бұрын
That's why the show is called "On The Spot" 😃 (Plus Michelle fine as hell)
Moral of the story, when BRICS launches its system. The South American, African, and Asian countries involved will have currencies backed by mainly gold. Rumors are South Africa will launch it first, and with their massive gold mines its going to go well.
@realtalkwithzsj3969
Жыл бұрын
Jamaica 🇯🇲 has been invited to their meeting.
@sixmillionsilencedaccounts3517
Жыл бұрын
Many countries to bring in American democracy.
@arr8577
Жыл бұрын
@@sixmillionsilencedaccounts3517 i think "too many to handle"
@bonginkosigoodwillndhlovu6776
Жыл бұрын
More political stunts coming to SA from the west. They already stated with arrest of Putin to devide BRICS.
@SodiumSyndicate
Жыл бұрын
Unless USA decides that South Africa needs democracy.
Michelle did a great job of expanding on and explaining some of Robert's thoughts!
Gold and silver is the real money. It's not just numbers on paper but real assets.
I think there's one thing we can be sure of, and it's that Robert Kiyosaki is an entrepreneur.
@shecklesmack9563
Жыл бұрын
One of the entrepreneurs of all time
@monetarymusashi5732
Жыл бұрын
No he is scammer and a grifter look it up
@wormbo2
Жыл бұрын
@@monetarymusashi5732maybe so. But he's a grifter with hundred million dollars!! So who's REALLY the dumdum here??
@Cenot4ph
Жыл бұрын
it's a meme at this point
@kalvinowusu497
Жыл бұрын
😂😂😂
Imagine if Robert answered a question instead of replying with his talking points that were on repeat for the past 30 years.
@aWitty
Жыл бұрын
He’s an old man and likes to tell stories.
@alexanderpetrov7027
Жыл бұрын
😂
@jcgoogle1808
Жыл бұрын
Yep, he's a fruit cake.
@user-li7kp7re9b
Жыл бұрын
Very annoying
@ajcatter1011
Жыл бұрын
We liked him better when he use to "chink it up" with his humble opinions, and his kind mannerism back then. Now, he looks like he's part of that LQBJT community. He comes off as an old tell-o-tale half a queer today, especially with the retarded blue frames. He lost his appeal but he's LOADED.
Robert only gives advice on the things he HIMSELF does, not on things he doesn't do or doesn't know. I think for this he deserves credit, honest and not a talker.
Props to Michelle, Robert isn’t an easy interview. He may have sound principles, but sometimes his communication leaves a bit to be desired.
@LassieFarm
Жыл бұрын
You're being very generous. He's a total horse's behind 🐴
@bilbobaggins4462
Жыл бұрын
@@LassieFarm I'm still laughing...🤣🤣
@David_F579
Жыл бұрын
@@LassieFarm Yep - he's another clown I stopped listening to years back ... now I just click the videos to read the comments
@Braddaddyx
Жыл бұрын
I thought the same, I think he is showing starting dementia, he can not stick to the topic. Still he is right with most things.
@Harrybowles1969
Жыл бұрын
Man he answers every complex question by holding up a silver coin
Michelle is one smart cookie! Very good at interviewing and transitioning between questions.
My grandpa said when he was little they didn’t know they didn’t have anything because they never had anything…today it’s going to be a different story
@jackie-sd6lc
Жыл бұрын
lol apple or grand berry?
@richardhobbs7107
Жыл бұрын
My grandpa used to say, "Why worry . . . . 100 years from now they will never know the difference." 'It' really only matters now.
@JohnJohnCrusher
Жыл бұрын
It's all in your mind. Control your mind and the universe is yours
NOBEL PEACE PRIZES??? Michelle deserves one for her patience in this interview :)
@peterwall2935
Жыл бұрын
This guy diverted her housing question multiple times...cuz fiat is fak!! He's an entrepreneur....not a financial advisor just a silver/gold mine owner...lol. he got in early and has no clue what's in store for this generation. BUY MY BOOKS!!
@lungisamadolo8407
Жыл бұрын
True that.🤣
@rudeawakening3833
Жыл бұрын
EXACTLY
@judyt.3228
Жыл бұрын
My thinking don't buy his book, buy silver.
@BenHandley-js1xx
Жыл бұрын
Gave her nothing
Listening to Robert is like listening to a broken record. He knows one script and can’t deviate from it based on questions he’s asked.
@LassieFarm
Жыл бұрын
Cole slaw Cole slaw Cole slaw, did I mention I used to be on CNBC??
@aWitty
Жыл бұрын
He’s an old man and likes to tell stories.
@lebomonster
Жыл бұрын
100% true.
@aimmed7728
Жыл бұрын
A broken clock will show the correct time twice a day.....
@shasankapatir7551
Жыл бұрын
Product of the education system he talked about !!
Can you imagine the eye roll from Michelle when her producer said, " you're gonna interview Kiyosaki"
@JimmieJohn
Жыл бұрын
Yeah, shes tired of blowing him.
@joshuaa.kennedy8837
Жыл бұрын
His real skill is bringing people together who know more about each subject then he dose and build a team out of it.
@rudeawakening3833
Жыл бұрын
His REAL skill is TELLING you : He was a smuggler . An entrepreneur . A pilot ( honorable service ) AN AUTHOR … ( good for him - he doesn’t punch a clock ) BUT - if nobody went to “ work “ , our country would collapse …
@jcgoogle1808
Жыл бұрын
Yep, aside from real etate, he's a clueless fruitcake.
@dangerousdonnafit
Жыл бұрын
Lol
I can feel lots of disappointment from the US government and USD in Robert's tone when he's asked these questions. Hence, he was constantly pointing to the dollar and reminded everyone it's fake money. 😅
@camerakid76
Жыл бұрын
He’s not wrong. The US has lost it’s way.
@vijayvarade8077
Жыл бұрын
@@camerakid76 He is wrong about gold and silver investment . It has performed very poorly since 1980s in USD . One would be pretty poor now if one had invested only in gold and silver .It was bad investment that time and it is bad investment now . Some people have held this belief of gold and silver for such a long time and they are only hoping for USD failure to apprieciate gold and silver .
@JGGarcia-kh8uq
Жыл бұрын
He is making sound like he does not even have a savings account or own stocks, I understand his point, but come on, he has to pay servces or stuff he wears and use.
@arthurmisessu2642
Жыл бұрын
@@vijayvarade8077 You just said since 1980s gold&silver were poor, but they will be far more expensive in the future 10 years
Robert is getting too old! Poor guy not answering questions on purpose or just being a old man lol
@JohnJohnCrusher
Жыл бұрын
He derives humor from being weird and difficult on purpose
@nederlander111
Жыл бұрын
i do think that the man has a narcissistic personality dissorder.
You did a great job making something out of nothing from this interview
EXCITING TIMES.... It's not every generation who can live through the death of their Nation
@LeobardoOscar
Жыл бұрын
And also pretty sad.
@Braddaddyx
Жыл бұрын
The thing is, that many will not "live" through it.
@ianmorrison8722
Жыл бұрын
@@Braddaddyx because they took the serpent 🐍 juice and getting sick with heart 💜 tack.
@vijayvarade8077
Жыл бұрын
Don't believe in his BS talk about USD . US economy is going to remain strong for next 2 decades and USD will still be most sought currency in the world for many decades to come .
@Braddaddyx
Жыл бұрын
@@ianmorrison8722 That is one factor, another is war and economic crash
“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.” -Robert T. Kiyosaki
Robert was not answering her questions, just kept saying 3 US dollars for a metal coin...lol.
@LassieFarm
Жыл бұрын
Very very arrogant as usual
@MrNikkertti
Жыл бұрын
@@LassieFarm You can be a little arrogant if you have a track record and accomplishments like he does. Not to mention the wealth. You don't have to please anyone.
@LassieFarm
Жыл бұрын
@@MrNikkertti that's the same logic people use why Trump made a perfect president. Poor people smh
@stockholmpublishings2937
Жыл бұрын
@@MrNikkertti track reckord? he wrote a book lol
@buttlesschap
Жыл бұрын
He's grifting harder than usual here. His answer to how his public company is performing: "I don't even know. I start them and move on cause Im an entrepreneur. I'm just making too much money to care" LOL
Kiyosaki talks so much but never says anything
@mrree9099
Жыл бұрын
His wallet says everything
@soakedpoet3411
Жыл бұрын
Bingo !
@mrbrown919mb
Жыл бұрын
He says plenty, you just have to read between the lines
@mg-by7uu
Жыл бұрын
@@mrbrown919mb Sure. First time he talks maybe. But after you've heard "buy assets using debt and don't buy liabilities" you've kinda heard everything he has to say
He's a showman. Michelle did well keeping him in line. I usually can't stand Kiyosaki, but this was ok
@oneviwatara9384
Жыл бұрын
Are you saying dollars is not fake?🤣
@LassieFarm
Жыл бұрын
@@oneviwatara9384 I'm saying Bob has gone a bit senile. A little bit repetitive little bit repetitive little bit repetitive. Did he mention Cole slaw ten times ? 🤣😂
@friendsforever5012
Жыл бұрын
Guys a book writer made a shit load of cash fiat lol now he thinks he knows everything. Hes not a financial expert by any means he knows nothing about finance or economics. Grade 12 education.
@oneviwatara9384
Жыл бұрын
@@friendsforever5012 I think you should write a book how to become a homeless 🤣😂
@oneviwatara9384
Жыл бұрын
@@LassieFarm No one going to save your asss from US economy collapsing in around 2032 😂
KIyosaki's book Rich Dad Poor Dad changed my life! I love this guy~!!!!!!!
The guy got rich of selling his book, and he keeps on selling it - he offers very little.
This guys brutal to listen to.
I love watching Kitco news there are a lot of value information every time. Great job guys ❤
@kitco
Жыл бұрын
Glad you like them!
Robert is 100% correct that Michelle is looking absolutely amazing😍❤
I want my 33 minutes back.
@DoubleOhSilver
Жыл бұрын
Oh hey, it's Jeff M!
@Jeff__M
Жыл бұрын
@@DoubleOhSilver what’s up my man Mars!
@huwhitecavebeast1972
Жыл бұрын
You can't multitask? You should have been productive while watching/listening to it.
Dollar is tissue paper. Hope we will get out of this dollar scam soon and move to currency that has value, and backed by gold.
@tshaolin971
Жыл бұрын
How kind are you, the dollar is pretty much turning into toilet paper.
Thank you. Eye opening and good information.
Today is when I understand Robert message after watching "The Great Reset by Andy Schectman". He is sharing a very important message it's just that he is not telling us the background of it all. Anyways, thanks Robert for your consistency!!!
O.K. So everybody should buy gold. But I don't think there's enough gold for everyone.
@streetscienceofficial8675
Жыл бұрын
🤣🤣🤣 you're lower IQ financial where you studied Hardvard
This guy is awesome, never heard of him before, amazing interview
@penguinzomby
Жыл бұрын
@WheelsAlwaysTurning I'm only 28 bro
@romulus1300
Жыл бұрын
@@penguinzomby you need to read his book.
@Marsconquered
Жыл бұрын
@@penguinzombyLol
He's repeating always the same thing. But he's right...
Excellent content as always Kitco! Well done Michelle 🥂
She is amazing
@streetscienceofficial8675
Жыл бұрын
She is my little Gurl
The guy waffles on too much and is under the impression he will live forever and will put his gold to good use, "eventually one day"
@qeqweqeqweqweqweq
Жыл бұрын
He's a multi millionaire. The gold is an inheritance for his children.
@jemje2007
Жыл бұрын
😂😂😂 he spreads fear
@huwhitecavebeast1972
Жыл бұрын
Not at all.
Michelle great interview. You are a pro! thanks
Super informative and knowledgeable and knows how to ask the right questions and handle any financial pressure ,always composed.
Robert, Thank you for the service to our US of America One of the toughest wars to be in… my good friend and Bible study instructor was a doc in that war. Robert is right about how some of us think of nuclear war. As if it’s a video game; totally controllable…. I believe not
Robert writes books hes not a financial expert.
Robert Kiyosaki Great Teacher ❤ Michelle Makori Awesome Interviewer
South Park needs to do a spoof of Kiyosaki answering every question that he is asked, no matter if it’s about economics or literally anything else, with “Well you know I’m an entrepreneur.”
Great Newscast, now I understand Robert better. He is for hard assets. He is 75, and there are a lot of great people from that Era.
Sounds like my grandad. A whole lot of wisdom, just a weird way of explaining.
@CuSTACKS
Жыл бұрын
It's not weird it's experience talking
@JoostEurovisionFans
Жыл бұрын
Talking and presenting is a skill in itself. Mayn people have great talents and skills, like mathematics and stuff, but are not able to present this in words. They are awkward and weird. Because they are geniuses within their own realm. They are not salesmen with all lubed up glorified sales pitches. But if you can filter the important clues out, it surely is gold.
@nederlander111
Жыл бұрын
@@CuSTACKS i think the man is a narcissist.
@CuSTACKS
Жыл бұрын
@@nederlander111 a narcissist with tons of success.
Vary enlightening discussion...thank you!
@NickHutchinson-ng1im
Жыл бұрын
@@Jon-pl3hr sorry typo...very not vary
Robert is looking great at 75!
@morganvon5664
Жыл бұрын
You need an eye exam. He looks pretty weathered for 75. I would have guessed 85.
The question is why should one buy a silver coin using a fake currency ?
I retired at 55 with a lot of “fake money”
@huwhitecavebeast1972
Жыл бұрын
Sweet, let us know how that's going when the bottom drops out. Enjoying the inflation cutting into your purchasing power are you?
I remember when the dollar said federal reserves note and learn later a note is a iou meaning you pay back the face value also learn the dollar only cost 5 cents to print been some years ago
One can't buy a piece of bread with Real Money of course.
Nothing new here. Robert is Rich. Robert likes Real Estate. Robert like Gold and Robert likes Silver. Robert gets richer from inflation as we all get poorer
I love Michelle more and more with every interview.
Fantastic interview.
The dollar isn’t fake. It’s fake when you can’t use it to buy gold or silver, or any other commodity.
Wow. This interview was like going to a three hour concert where the artist plays the same song over and over again the entire show and again for three encores too. Absolutely painful.
Michelle is absolutely Spectacular 🤩
@didforlove
Жыл бұрын
yup
@sixmillionsilencedaccounts3517
Жыл бұрын
I was looking for this comment. Breathtaking!🤩
I saw this interview live a month ago in Vancouver convention center. Why Kitco took so long to edit this video and publish?
He says the dollar is fake, yet he is going after fake dollars for his pockets. 🤔
@Fordance100
Жыл бұрын
Use for transactions, not for long term storage.
As always epic 👍🙏
Wow, I really gotta give u credit for ur impressive effort, trying to get something out of Kiyosaki. No disrespect to him, but he really didn't say much, and mostly repeated himself. Ur smarts, and bn informed did u well with making something out of the interview. Great job Michelle.
@Jas-1000
Жыл бұрын
He said a lot your not listening! How much more clearer does he have to say it to you?! Your the woman in his story…you still don’t get it..
@DerMeister821
Жыл бұрын
@@Jas-1000 He doesn't say anything, because he's a conman.
@lamarravery4094
Жыл бұрын
He repeats himself like his buddy Trump, must be an old man thing.
@MrRiptonk
Жыл бұрын
Outstanding I'd say. Michelle will have seen the problems coming over the horizon.
Roberts message is just so vital and so easy to understand yet the hypnotized, ignorant masses, even those with lots of digital money are so complacent and trustworthy of the government and the financial system with the fiat currency that the struggle is real to get any kind of message across to these people. I would assume it's watching television, drinking fluoridated water and the stupid desire to be woke in this stupid world
Always enjoy listening to Robert and Michelle 💪😎👍💰🇺🇸🙏
Would love to interview with Michelle on crypto forecast and economics
The most difficult interview Michelle has ever done. "Robert, what's your outlook on real estate?" "That's why I told them to keep a quarter!"
Kyosaki is using a cassette, repeating same old lines.
Damn Michelle wasn’t going anywhere with Rob…. Had to end the interview asap lmao
Michelle you are a class act, @CNBC I don’t blame you
Great stuff. Peace and love
Way to call him out at 20:00 on that false inflation statement great job polite @MichelleMakori
In the movie about Robert Kiyosaki's life, he should be played by Christopher Walken.
@user-dr8ug3gs3c
Жыл бұрын
More Cowbell 😂
That was superb, and exactly at the right time.
Gold coins and silver coins!
This woman is gold
@chucksw1
Жыл бұрын
she can buy the gold too:)
@austin426512
Жыл бұрын
I want to buy her
@Marsconquered
Жыл бұрын
@@austin426512Cry,cry moree
@austin426512
Жыл бұрын
@@Marsconquered why should I cry. I like her
@electroniqueradio1991
Жыл бұрын
fucking losers go learn to talk to real women😂
The poor fella almost didn't get his coleslaw 😂.
Thank you appreciate you
Michelle, thank you
Rich Dad, Poor Soul
enjoyed this discussion quite a bit Thanks Robert and Michelle !
Hi Michelle and Mr. Big Time Kiyosaki!
Mr. Kiyosaki do you buy gold and silver from Mr. Andy Schectman?
I'm thinking this might be the last time I can bear to hear Kiyosaki interviewed.
@slc-play4311
Жыл бұрын
Thank you! Why arent more ppl calling him out for this bullshit
always love listening to Robert. He is in the know
@joetheox1202
Жыл бұрын
When he's not missing out on the biggest bull market ever.
@LassieFarm
Жыл бұрын
Used to be yes
@HeWoreSkeletons
Жыл бұрын
He’s lost his marbles, keeps repeating himself it’s embarrassing listening to him
@joetheox1202
Жыл бұрын
@@HeWoreSkeletons yeah she had to point out a couple of times we'd all heard the story before. Like listening to lynette zang.
Michelle and Mr. Kiyosaki, have a great weekend!
When the economy continues to get crushed renters wont be renting at high prices . Alot of landlords will see theyll be in trouble .
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
@sherryie2
11 ай бұрын
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@carolynrose1816
11 ай бұрын
@@AUstinnesc Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@carolynrose1816
11 ай бұрын
@@AUstinnesc Thanks for the info, i found her website and sent a message hopefully she replies soon.
This guy never gets to the point
outstanding!
I like how calm the interviewer was with all these absurd answers
Spectacular 😍 I'm not the only Michelle fan. Lol way to tell her in person Robert!
She's wonderful ❤️
A great man
CAN WE GET A RICH DAD MOVIE?? This guys books and life story is just simply amazing and an american story. :)
@LassieFarm
Жыл бұрын
Tom cruise can play him 👍
@sssm1051
Жыл бұрын
He's not greedy and doesn't need to cash off by making a movie which will become woke anyways by sleazy Hollywood producers.
@JimmieJohn
Жыл бұрын
@@LassieFarm Tom C ain't black enough.
@testaccounting865
Жыл бұрын
@@sssm1051 I wasnt proposing it in a way for him to make money, i just think the visuals in a movie can really bring the Rich Dad Poor dad book to life and really could help people think differently in how they use money.
Thats about the only thing i agree with him!! Michelle is indeed spetacular 😂😂😂❤❤❤❤
@MakingHome
Жыл бұрын
Totally cringe.
Your content is awesome!! Regarding questions, I’d like to see sometimes a compassion between other coins like ETH/BTC MATIC/BTC because sometimes they stop following btc price. Also something like BTC/CHF or BTC/GOLD because this time looks like the USD it self is losing value. So I guess if there is some tool to make this analysis
U desrve subscription 🤝👍 great subject, great guest, bravo
Oh yeah!!! Getting into it. Let's go. I'm excited for this video.
All the great empires of the world fall.
Very informative !
Obviously it comes down to energy and cost of energy more so than money printing
He's an OG, but his stories has been repeated 100 times LUL
@DoubleOhSilver
Жыл бұрын
I'm convinced he actually died years ago and they're just reusing sound clips and deep faking video