“Gold Is God’s Money” – ‘Rich Dad’ on Bloomberg TV

“Gold is God’s money” – Rich Dad Robert Kiyosaki

◆ “I like gold because gold is God’s money”, Robert Kiyosaki, personal finance expert and best selling author of “Rich Dad Poor Dad,” tells Bloomberg TV

◆ “Gold and silver will always be here, no matter what the markets are doing, so that is why my foundation is gold, the second is real estate and the third level is intellectual property and patents ”

◆ The future of investing and the best strategy for making money in the coming years is discussed by Kiyosaki speaking on ‘Bloomberg Markets Asia’

◆ He talks about his next book ‘Ravens’ which is co-authored with James Rickards. Kiyosaki predicted the last crash and believes another crash is coming and it will be centered on “America’s underfunded pensions” which are set to be stolen

◆ Stocks are at all time record highs due to debt, on corporate credit and on ‘fake money’ and stock market investors are set to “get wiped out”

◆ “Savers are losers” and savers in “fake” fiat dollars and currency will lose out in the coming years; These “threats are opportunities”

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NEWS & COMMENTARY

Gold hits 2-week high on weak U.S. data; palladium scales record

Gold tops $1,500, on track for highest finish in two weeks

How gold prices may hit $1,700 in just 6 months

Chinese gold ETFs’ AUM reached all-time high in September

EU officials doubtful of Brexit extension decision on Friday

Goldman Sachs predicts the Fed will make two big changes next week

Global banks, funds call for more capital from derivatives clearinghouses

Fed Injects $134BN In Liquidity, Term Repo Obersubscribed Amid Month-End Liquidity Panic

Fed ups Wall Street bailout to $690 billion a week as media, Congress snooze





GOLD PRICES (LBMA – USD, GBP & EUR – AM/ PM Fix)

24-Oct-19 1488.85 1496.55, 1154.75 1163.12 & 1338.03 1346.45
23-Oct-19 1494.25 1494.45, 1162.53 1159.84 & 1343.78 1343.66
22-Oct-19 1487.45 1485.35, 1149.50 1149.66 & 1335.28 1334.14
21-Oct-19 1490.85 1491.65, 1147.81 1148.27 & 1334.91 1337.12
18-Oct-19 1487.50 1490.00, 1154.15 1155.64 & 1336.67 1337.28
17-Oct-19 1484.45 1492.65, 1151.64 1162.63 & 1336.60 1341.59
16-Oct-19 1482.55 1485.10, 1166.32 1155.85 & 1344.52 1343.27
15-Oct-19 1494.75 1487.80, 1183.69 1178.34 & 1357.08 1353.30
14-Oct-19 1494.20 1490.60, 1188.79 1182.94 & 1354.04 1352.12
11-Oct-19 1498.35 1479.15, 1197.93 1166.01 & 1359.90 1338.33



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Mark O'Byrne

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