flight capital – Gold News Today

Too many individuals have actually come under the catch of investing in U.S. Treasuries and placing their money in pension plans, thinking that these properties are secure investments, said very popular writer Robert Kiyosaki.

Kiyosaki described these properties as "funny money" as well as detailed exactly how investors can differentiate in between "actual" and also "phony" properties in his book "PHONY: Fake Money, Phony Teachers, Fake Assets: Just How Lies Are Making the Poor as well as Center Class."

" The trouble with my generation is that they think that what is safe is U.S. Treasuries," Kiyosaki informed Kitco News. "Treasuries are just how the Fed and also the Treasury control the marketplaces, and also they have actually wiped out savers."

See component 1 of this meeting:
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The UNITED STATE utilized to be a capitalist nation, however is currently ending up being a Marxist society, said Robert Kiyosaki, best-selling writer of "Rich Daddy Poor Daddy."

Kiyosaki was a professional of the Vietnam Battle that had seven uncles combating in Globe Battle 2. "I defended capitalism," he said. "America is going Marxist."
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Kitco Information is the world's # 1 resource of metals market information. Our video clips feature meetings with famous industry numbers to bring you market-affecting understandings, with the goal helpful people make informed investment choices.

Subscribe to our channel to stay up to date on the current insights relocating the steels markets.

For even more breaking news, visit

Real-time gold price and also charts:.
Live silver price and graphes:.

Do not fail to remember to sign up for Kitco Information' Weekly Summary– appears every Friday to evaluate the hottest tales & videos of the week:.

Sign up with the discussion @ The Kitco Forums and be part of the premier on-line community for rare-earth elements capitalists:.

Please note: Video clips are not trading recommendations as well as the sights shared might not reflect those of Kitco Metals Inc
.