Impending Banking Crash and Hyperinflation - Robert Kiyosaki, Egon von Greyerz

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  • Опубликовано: 2 дек 2024

Комментарии • 135

  • @blaquopaque
    @blaquopaque 11 месяцев назад +39

    I've been reading a lot of articles mentioning how worthless 'cash savings' are in this current unstable economy and as a rookie sitting on over 500k savings do you suggest I invest in real estate, stocks or Gold?

    • @Curbalnk
      @Curbalnk 11 месяцев назад +1

      It is advisable to diversify while retaining 70-80% in secure investments. Looking at your budget, you should consider financial advisory.

    • @greekbarrios
      @greekbarrios 11 месяцев назад +1

      @bastainrusso Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's great!

    • @greekbarrios
      @greekbarrios 11 месяцев назад +3

      Of course i am! I have been working with 'MONICA SELENA PARK,' and the beauty of it is that her knowledge covers a wide range of financial advisory services, including digital assets. You should look her up yourself to do your due diligence.

    • @kansasmile
      @kansasmile 11 месяцев назад

      I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.

    • @damienhall9814
      @damienhall9814 11 месяцев назад

      Buy 1 properties 100k deposit. ($400k house or land)
      Buy block of 4 units 200k down
      (800-$1m value)
      Buy 50k gold
      Buy 100k silver.
      Speculate 50 crypto with the halving.

  • @cryogenic007
    @cryogenic007 11 месяцев назад +2

    One of the most enlightening video I have ever seen till now. I always appreciate your supreme commentary and sincere recommendations!

  • @Jackson69
    @Jackson69 11 месяцев назад +6

    Family are getting encased Silver Eagles for Christmas.

  • @The_Unintelligent_Speculator
    @The_Unintelligent_Speculator 11 месяцев назад +2

    GRUNCH of Giants.

  • @vulaiminh8135
    @vulaiminh8135 11 месяцев назад +2

    i am waiting for the final record of this livestream today, so i can replay the important parts of chat. Thanks to uncle Robert dedicating his top energy to global financial community. Respect my man

  • @RinkyRoy-yq3jo
    @RinkyRoy-yq3jo 11 месяцев назад +5

    Very interesting video.. thank you so much for sharing this video.

  • @sainakhtar9097
    @sainakhtar9097 11 месяцев назад +2

    Love you team, yours voice is like light in the evil darkness.

  • @RoynishaDas-yj9uh
    @RoynishaDas-yj9uh 11 месяцев назад +2

    Thank you for sharing your knowledge ble content video

  • @nagarajarajan5979
    @nagarajarajan5979 11 месяцев назад +2

    Nice post thanks

  • @pachetoNFT
    @pachetoNFT 11 месяцев назад

    Thanks a MILLION Robert!

  • @tonysilke
    @tonysilke 11 месяцев назад +2

    The ongoing banking crisis is far from reaching a resolution. Those with more than a decade of experience understand that credit crises do not dissipate within a mere two weeks. It's amusing to witness some people believing that everything has already concluded so swiftly. We are currently witnessing a credit contraction that will inevitably result in a substantial overall contraction.

  • @RahulSharma-mo1kr
    @RahulSharma-mo1kr 11 месяцев назад +2

    Thank you for the useful video.
    There is a RUclips video going around in which Warren Buffet started gold is a non productive asset and should not be brought.
    Could I ask your opinion on this Robert?
    Thank you.
    Rahul.

    • @dabbbles
      @dabbbles 11 месяцев назад

      There;s no doubt Buffett knows what he's talking about. (check HIS bank-balance!) But in this case I must say that he's stating the obvious. I've been saying the same (for good reason) ever since I rejected 'investing' in gold when it was on offer for $86 an ounce, a long time ago. (Came into an inheritance and as a complete novice, was looking for somewhere to park the money.) Even back then with NO knowledge or experience in investments I realised gold had NO 'VALUE' (as distinct from 'PRICE') other than jewellery or door-stops! And that the exchange-rate for both those things were iffy at best. Ended up tripling my money with an almost infallible market investment, then made MUCH more in real-estate investments. (Not just buying/selling but vastly value-adding.) These days I'm too old (and too well-off) to bother, but (when I'm in the mood) make a thousand or three dollars during an afternoon at the racetrack. (And no, I'm NOT a gambler: figured out a way of making money by backing BOOKMAKERS rather than punting on horses. The only failure I've had is that my 'system' has NEVER failed; though the arithmetic suggested that it SHOULD fail once in every 42 or 43 racemeetings. Can't win them all, I guess. Sigh.

  • @ChooseTruthAlways
    @ChooseTruthAlways 11 месяцев назад +2

    Would like to know what is your thoughts for investment in Reits? 🙏🙏🙏

    • @alexp3752
      @alexp3752 11 месяцев назад

      No good either! Remember, counterparty risks are the biggest threat to your financial wealth!

  • @theresistance1111
    @theresistance1111 11 месяцев назад

    This current financial system is coming to a quick end NO doubt

  • @lubosimaboshe
    @lubosimaboshe 11 месяцев назад +2

    great show

  • @meronsama
    @meronsama 11 месяцев назад +39

    In light of the current economic landscape, marked by a disconnect between the economy and the stock market and rising interest rates, investors are presented with a unique set of challenges and opportunities. This situation calls for a strategic approach to investing, emphasizing the importance of value investing and a long-term perspective. While traditional markets face volatility, areas like cryptocurrency emerge as promising alternatives, offering potential for growth. Navigating these times successfully requires adaptability and a keen eye for emerging opportunities in a fluctuating market.....I've personally benefited from following Cheryl Atonal’s trading tactics, amassing 26 bitcoins in a short two-month period, which speaks volumes about her expertise.

    • @magnorodrigues835
      @magnorodrigues835 11 месяцев назад

      I just looked up her name on Google and saw her impressive result. I will get in touch with her shortly, thanks for this.

    • @chillraquel
      @chillraquel 11 месяцев назад

      In my opinion, the pandemic has underscored the significance of diversifying income sources. Merely having a job doesn't guarantee security; the true assurance lies in cultivating various investments.

    • @oliverz533
      @oliverz533 11 месяцев назад

      Investments have proven to be one of the most advantageous choices one can make for themselves. To this day, my crypto profits consistently contribute significantly to my overall wealth, alleviating any need for me to rely solely on my salary

    • @vrujah0525
      @vrujah0525 11 месяцев назад

      Nice to see this here, the beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.

  • @rrssmooth6643
    @rrssmooth6643 11 месяцев назад

    How do you protect your gold, when you do not have it in your possession.

  • @bryleighprice838
    @bryleighprice838 11 месяцев назад +1

    Gold would be a great investment if the price wasn't so easily suppressed by derivatives.

  • @BearsAudio
    @BearsAudio 11 месяцев назад +1

    I've got silver old coins without paper work can i continue buying without paper work?

  • @jeffsurfanderson
    @jeffsurfanderson 11 месяцев назад +4

    What should be happening as a superpower is that you have to be a producer of goods and be self-sufficient and whatever you can't get then you subsidize your work and try to import that but for the most part we can't have company stay here because of too many taxes and regulations that scare them out of the country if we stop doing that and give them incentives to stay more jobs will be coming up which means more tax revenue and then we can export whatever we make and make money off that and then next thing you know we'll have a surplus of things but anything the government touches it breaks anything that sees it has to tax and put regulation on and that's the problem

  • @vawt1953
    @vawt1953 11 месяцев назад +8

    US debt clock will hit 34 trillion by jan5th 2024 the federal government added 830 billion in debt in the 3rd qtr let that sink in

    • @nolashiflett635
      @nolashiflett635 11 месяцев назад

      Sad!!

    • @user-kc1ci8jg2d
      @user-kc1ci8jg2d 11 месяцев назад

      So the real insurrection on the 6th since the other was a test (storm)

  • @nouvang1260
    @nouvang1260 11 месяцев назад

    Thank you!

  • @root.li.23
    @root.li.23 11 месяцев назад +2

    And the Dow Jones hit a new record high today

  • @ride6722
    @ride6722 11 месяцев назад +2

    my Nan has the same jumper as Robert 🤣

  • @syhem14
    @syhem14 11 месяцев назад

    Hi thanks Robert for this very instructive content. I'm news with you.
    Can you give me so advice, where I can buy silver?
    Thanks

  • @Jackson69
    @Jackson69 11 месяцев назад +2

    The Fed just paused and here goes gold with silver following.

  • @bobdobalina276
    @bobdobalina276 11 месяцев назад +4

    So, excuse my ignorance, but how can all the continents be so massively in debt? Surely the sum of all debt and loans adds up to zero?

    • @richardvasquez9668
      @richardvasquez9668 11 месяцев назад

      Wow, I like how you stated that. Some world leaders…if the whole world is in debt…🤣

    • @did0r
      @did0r 11 месяцев назад +2

      you might ask, 'who are all the countries in debt too?' *and the research begins*

    • @richardvasquez9668
      @richardvasquez9668 11 месяцев назад

      @@did0r I agree with that.

  • @wompol7117
    @wompol7117 11 месяцев назад

    so would u suggest we put most of our cash into metals? IULs? Buy real estate when
    the current bubble bursts?

    • @alexp3752
      @alexp3752 11 месяцев назад +2

      You never "own" real estate, as it will always remain "conditional ownership", as long as you continue paying taxes on it! Once you stop paying property taxes, the system will steal it from you, and it will not bat an eyelash.

  • @beng-33
    @beng-33 11 месяцев назад +3

    How does a Government give money it doesn’t have?
    How do you get in debt if you print money?
    How is gold worth only what people decide it’s worth?
    Why is a House only worth what someone will pay for it?
    How can you bet/short against the economy help the economy grow?
    How does insurance money disappear when it’s supposed to be there to be payed out when tragedy’s happen not being profited?
    How do you keep believing in a government that doesn’t make you money?😅

  • @jamiejones642
    @jamiejones642 11 месяцев назад

    We need a video on uk houseing please 😊

  • @kayagaahlaam8333
    @kayagaahlaam8333 11 месяцев назад +2

    Thank you for sharing your knowledge on crypto this was really informative

    • @TheNecropolis20
      @TheNecropolis20 11 месяцев назад

      I THINK BIT COIN CRYPTID WILL TEST THE 60K HIGHS AGAIN

  • @davidvinson9344
    @davidvinson9344 11 месяцев назад +10

    What happens to Social Security for all the retirees if the Government goes bankrupt. No one is asking the question!!

    • @chighty
      @chighty 11 месяцев назад +4

      Nelson Nash predicted the govt will use retirement plans to fund social security. Interesting thought

    • @aaronevans3257
      @aaronevans3257 11 месяцев назад +2

      You will still get your SS check. It just won’t be worth anything.

    • @jameammarijr.2248
      @jameammarijr.2248 11 месяцев назад

      dollar will be worthless inside US because of inflation

    • @alexp3752
      @alexp3752 11 месяцев назад

      Not a good answer: Don't worry about it, as the Fed and the insolvent government can simply print more currency. While it may not buy much due to inflation, you will get something.
      At that stage of the game, after forcibly paying into a system over decades of hard work, blood, sweat, toil, time, tears and sacrifice, you will ask yourself, is this government truly legitimate? If a government is no longer legitimate by not honoring its agreements, what is your responsibility to that system?

  • @DanielLedin
    @DanielLedin 11 месяцев назад

    Hey i just want to know, where are the rest of the program?from a fan from sweden!

    • @TheRichDadChannel
      @TheRichDadChannel  11 месяцев назад +2

      Stay tuned! Next week we release part 2!

    • @DanielLedin
      @DanielLedin 11 месяцев назад

      @@TheRichDadChannel good!👍😃

  • @cabinfeverseason
    @cabinfeverseason 11 месяцев назад +2

    Bought my 18yr old a silver coin from the Canadian mint for Christmas this year. $5 coin three hundred dollars. 😮

    • @richardvasquez9668
      @richardvasquez9668 11 месяцев назад

      Really? 😳

    • @brucey5585
      @brucey5585 11 месяцев назад +2

      ??? What did you even buy???😢 1oz silver maple is only $28.

    • @MatthewCrustlife
      @MatthewCrustlife 11 месяцев назад

      lol?

    • @dramo8543
      @dramo8543 11 месяцев назад

      Was going to ask the same question are you sure it’s a silver coin

    • @nolashiflett635
      @nolashiflett635 11 месяцев назад

      Wow!!

  • @marlene_orja
    @marlene_orja 11 месяцев назад +4

    The failure of banks in addition to global economic crisis has left the markets in shreds. I'm at a crossroads deciding whether to hold on cash or put money in the stock market, and it's uneasy for me to not panic after a recent awful divorce, my goal is to retire with $3m

    • @Thefitnancialtrainer
      @Thefitnancialtrainer 11 месяцев назад

      You can still earn with the gains in the market while not having you money in the market. AND it's liquid.

  • @habyalexandru2265
    @habyalexandru2265 11 месяцев назад +6

    Get curency out of the banks Buy gold and silver

    • @brucey5585
      @brucey5585 11 месяцев назад +5

      Buy canned food and water. And maybe land with a well and septic tank and solar panels.

    • @holistic.health
      @holistic.health 11 месяцев назад

      Always

    • @dabbbles
      @dabbbles 11 месяцев назад

      @@brucey5585 Right approach. Almost suggests you're NOT in the US. I don't suppose you're in Australia? If you are, get in touch.

    • @alexp3752
      @alexp3752 11 месяцев назад

      Septic tank? If you have that, what are you going to throw at the politicians who come calling?

    • @dabbbles
      @dabbbles 11 месяцев назад

      @@alexp3752 Nah. They wouldn't even notice another clingy turd. To REALLY put the wind up them throw rolls of dunny-paper!

  • @kenmonk2983
    @kenmonk2983 11 месяцев назад +4

    The issue is the young ones want digital assets (bitcoin) because of gaming

    • @Jackson69
      @Jackson69 11 месяцев назад +2

      What'll happen to crypto wealth hit by a cyber attack?

    • @kenmonk2983
      @kenmonk2983 11 месяцев назад +2

      @@Jackson69 kids playing games dont think of that.

    • @dabbbles
      @dabbbles 11 месяцев назад

      @@Jackson69 Or the government makes a move. Too stupid. As the old proverb says: If you don't have it in your hands you don't have it!

  • @theresistance1111
    @theresistance1111 11 месяцев назад

    Where Egon falls short is recognizing that when u reset the debt u must reset the population in the eyes of the rulers

  • @carolanderson117
    @carolanderson117 11 месяцев назад +2

    Too many commercials ruin the show. It was an interesting video otherwise. PUT THE COMMERCIALS AT THE END ! Honestly Robert, would you watch channels that did that ? I unsubscribed a while back, now I remember why… THUMBS DOWN !

  • @tomdonovan4842
    @tomdonovan4842 11 месяцев назад

    Excellent interview very good guest

  • @blakehammer4776
    @blakehammer4776 11 месяцев назад +2

    Text law company codes

  • @barshamajumder6617
    @barshamajumder6617 11 месяцев назад +2

    Thank you for the content.
    The issue is the young ones want digital assets because of gaming

  • @PriyaDev-1986
    @PriyaDev-1986 11 месяцев назад

    Great video sir. Thanks for sharing your valuable video. Very much informative . It's really helpful sir.

  • @dreadfuldonkey
    @dreadfuldonkey 11 месяцев назад

    if they can’t make debt disappear, how can they make money appear

    • @alexp3752
      @alexp3752 11 месяцев назад

      By withdrawing available credit in the marketplace. Remember, this is fiat currency, debt based system. The system cannot be sustained without continual currency expansion, as the fiat currency itself cannot exist without creating more and more debt. You can make debt disappear, but it will require a "debt jubilee" what was used by ancient kings who wisely saw that the amount of debt would prevent farmers from growing food, essential to feed people. Once debt disappears by edict, the system must start over. Difficult? Yes. But in this case, I see that as the only way out or dissolving of the political union that created the debt in the first place. A national bankruptcy would be the result. Then begin again.

  • @PriyaDev-1986
    @PriyaDev-1986 11 месяцев назад

    Great video sir

  • @simplex1
    @simplex1 11 месяцев назад +4

    Y’all gotta stop with the Kiyosaki commercials they are corny and ruining this channel…

  • @grant1506
    @grant1506 11 месяцев назад +2

    Far to much advertising.
    Put me off permanently

  • @The_Dougie
    @The_Dougie 11 месяцев назад +2

    👋

  • @mattfinch7403
    @mattfinch7403 11 месяцев назад +2

    Robert did my mum buy you that sweater?😂😎

  • @PriyaDev-1986
    @PriyaDev-1986 11 месяцев назад

    Thanks for your valuable content, it's really helpful sir. Thanks for sharing the video

  • @MatthewCrustlife
    @MatthewCrustlife 11 месяцев назад +2

    Robert what’s up family

  • @Countstep0099
    @Countstep0099 11 месяцев назад +3

    Hey guys, have you seen the market lately? My stock portfolio took quite a hit, my tech stocks and my A.I stocks took a big hit. I lost almost $60,000 in my stock portfolio. It has been a tough ride.

    • @2024Red-j5t
      @2024Red-j5t 11 месяцев назад

      Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.

    • @wealthychronicle-i1u
      @wealthychronicle-i1u 11 месяцев назад

      When it comes to investing, the stock market offers great opportunities but also risks. My fiduciary advisōr stressed the need for diversification with a mix of stocks, bonds, and REITS. Consulting a fiduciary advisōr to tailor your portfolio to your goals is wise. I currently have $580k in a well-diversified portfolio that has seen exponential growth and is still growing.

    • @Petroguest-i4g
      @Petroguest-i4g 11 месяцев назад +2

      Please who is the consultant that assists you with your investment and if you don't mind, how do I get in touch with them?

    • @wealthychronicle-i1u
      @wealthychronicle-i1u 11 месяцев назад +4

      Nicole Desiree Simon is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

    • @Petroguest-i4g
      @Petroguest-i4g 11 месяцев назад

      Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

  • @krovavyinestor3714
    @krovavyinestor3714 11 месяцев назад

    two wakers)))

  • @marceldekker2149
    @marceldekker2149 11 месяцев назад

    Buy hard accets.

  • @BillSmith-c2q
    @BillSmith-c2q 11 месяцев назад +3

    More fear porn

  • @spyknife
    @spyknife 11 месяцев назад

    Imagine the effect on the stock markets when Ukraine falls to Russia. Predicted in 2024

  • @Attygie
    @Attygie 11 месяцев назад

    Justice served
    Wait for more.. Allah is just.. undoubtedly, victory is for the State of Palestine and its indigenous people in Allah's perfect time..♥️♥️♥️🇵🇸🇵🇸🇵🇸

  • @marceldekker2149
    @marceldekker2149 11 месяцев назад

    BY…BY….PÉNSION

  • @kappaslapper14
    @kappaslapper14 11 месяцев назад

    Little ironic that the people selling the gold are happy to take your useless cash lol

  • @jeffreyrichardson
    @jeffreyrichardson 11 месяцев назад

    velcros inventor
    hells angels one percenter
    fare worcester center

  • @roryf.1349
    @roryf.1349 11 месяцев назад

    Wait, why's Kim still a part of the show after what she did to Robert?

  • @tmloc79
    @tmloc79 11 месяцев назад

    Mewnwhile market is up 25%. The old school sits there doom and gloom

  • @Georgewifhat
    @Georgewifhat 11 месяцев назад

    He botched up the story with the pool

  • @howardmann8689
    @howardmann8689 11 месяцев назад +2

    Iraqi dinar idiots Iraqi dinar

  • @marceldekker2149
    @marceldekker2149 11 месяцев назад

    Its the same shit in europ.

  • @2012asand
    @2012asand 11 месяцев назад +18

    You’ve predicted crashes every week for the last 40 years, then think you’re Nostradamus when one does happen 😒

    • @SpecOpsGear
      @SpecOpsGear 11 месяцев назад +1

      Robert Kyosaki has a net worth of 100 million dollars; your argument is invalid.

  • @gytis9459
    @gytis9459 11 месяцев назад

    If you take 10 years gold went nowhere,problem with gold..

    • @alexp3752
      @alexp3752 11 месяцев назад

      Gold remains ultimate financial insurance. You don't acquire gold to get more fiat currency, you retain it for future purchasing power.

    • @gytis9459
      @gytis9459 11 месяцев назад

      if you do not get more currency you just losing money(purchasing power)what about that?🤔@@alexp3752

  • @kmichal9648
    @kmichal9648 11 месяцев назад

    You must be so desperate trying to sell that much gold 😂
    I would guess that you cannot pay your debt and waiting for the global bailout...
    Sorry for the comment

  • @natewilliams2412
    @natewilliams2412 11 месяцев назад

    Fix the volume on your videos please

  • @qualityking1068
    @qualityking1068 11 месяцев назад +2

    carpet beggers-henry ford

  • @manturoyhazra5767
    @manturoyhazra5767 11 месяцев назад +1

    Thank you for sharing your knowledgeable content video. It's really informative. It's really helpful.