Fake Money Is Making You Poorer! Why Savers are LOSERS - Robert Kiyosaki [ Millennial Money ]

[Applause] hola chicos ministers allotropy Saudia of milan your money I'm your host Alexandra and Silas and today I have good and bad news first we learned that the hard-earned money we've been saving is worthless but the good news is Robert teaches us how we can secure our future without saving cash this one is gonna be tons of fun and it was really cool because Robert brought in some of the gold and silver he's been saving over the years so Robert could you tell us why is this so important today well again I wrote this book

for my generation because the baby boom generation were toast you know what part of this are going to go fake pensions where my generation is toast is that they actually believe there's a pension so this thing is fake money fake teachers fake assets it all sticks starts with fake money so in 1971 the US dollar became fake and this book starts with me flying behind enemy lines in 1972 as a Marine pilot and I was looking for real money gold so this book starts me flying behind enemy lines looking for gold because when Nixon took

the dollar off the gold standard in 71 he made it illegal also made it illegal for American stolen gold he mentioned that was he a criminal offense to hone gold I didn't know what gold was so I fly behind enemy lines I made this little woman bet the Miss woman she's got a bright red teeth the to beetle nuts there and I tried to get a discount on gold so gold back in 71 was 35 an ounce it was now about $50 an ounce at 72 so it was going up so I said I think

I'll buy some gold trouble is I didn't call was most Americans don't know what gold is because I've ever seen it because it made it illegal for Americans to own gold and when now if everything fake it's tragic so it's fake money only reason fake money can persist because you had that fake teachers what are our schools teach us about money nothing and we buy these fake assets stocks bonds mutual funds ETFs and we save fake money that's my roll fee anyway but also enrich Dad Poor Dad lesson number one as the rest don't work

for money because money is fake that's why yeah yeah it's honestly I think it's there it's an important lesson for all of us because we're taught to save all this fake money when you're working a bank right yeah and I worked at the bank so I see how real this issue is when in reality it's not going to help us when the day comes that we need to be able to provide for ourselves because how long can this fake money last it's three kinds of money today you guys got to be aware of one is

God's money and God's money it's gold and silver so this is silver and this is gold the reason I brought is most people don't know what it looks like and then this government money was just fiat currency which is the dollar the yen the peso the Euro the yuan yeah fake and everybody's working hard for it it's like eating fake food or drinking fake water that's why people are getting sick financially because they working for fake money yeah okay and then those fake assets which with another part of their fake millennial the fake generation series

but the reason I brought this here is most people haven't seen it this here is real silver plot doc okay that's what it looks like and so in 1972 and this here is gold this is God's money this is what God's it looks like the reason I call it God's money is you can't fake it you know you can fake it with a fake ETF like a gold ETF or a silver which I don't touch cuz it smells as bad as the guy's a print in that trap you know I mean Jesus but this is

real money so you look at this here when I first started buying that that was a dollar forty yeah today that's sixteen dollars and this here is auto gold and the reason we bought it is most people haven't seen our touch this is real this is God's money why did I see has God's money because he was here when the earth was created yeah and it'll be here when we're all dead and gone when you're saving those fake dollars this will still be here yeah well those fake ETFs for those fake stocks so this here

is called the green box these are there's five hundred of these little tubes like this Wow five hundred points in here and this is one which is worth more which ones are for the gold yeah this is worth more than all that now the reason I say this is because for your generation this could be the biggest opportunity you'll ever see I'm not making any Commission's on this but if you look at what happened with the fake Central Bank see the purpose of the central bank or the Fed or all you know the Japanese Bank

the Bank of Japan the European Central Bank they pump out fake money the purpose of central banks like the Fed is to protect the banks not you there are criminal operation as far as I'm concerned you're gonna find most of my talks about the Fed so I would recommend you guys buy this stuff don't save money don't save government money because they're corrupt as hell as you know save God's money so this is God's money this auto gold so today that's a spot today is around $1,600 u.s. now this is the difference is gold more

expensive in Mexico or in America more expensive in Mexico if you live in a kind of like Argentina is more expensive because the price of spot price is relative to the currency of the country so the people how it's us in Argentina if they had saved this they'd be okay today but they save pesos the same as a Mexico okay same as in Peru yeah so this is relative to government money so this is about fifteen sixteen hundred dollars today US dollars and this here is sixteen dollars it's about a hundred times the difference whatever

it is I'm not good at math but I'd rather have this so you look at why silver could be your best investment of all look at what's happening silver demand is getting higher okay silver fabrication demand in China is at record high you look at look at this whole thing in 2008 2009 2010 2011 it never stopped even though the world economy in Europe never nearly crashed the man for silver kept going up because silver is an industrial metal it's used in industry this thing is only saved okay so in 1972 when I was flying

behind enemy lines I bought my first gold coin in Hong Kong was a Krugerrand South African Krugerrand cost me 50 bucks today that same coin is worth about $1,500 - no it's worth about $1,800 now under the Krugerrand get bigger or the dollar get worthless yeah and they tell you to save money yeah at the bank yeah I mean people are saving an extreme amounts because they they want to be able to protect themselves for when they retire and things like that but it doesn't make sense because the dollar keeps going down and down and

how many currencies have gone extinct so really when I was learning in the earlier days that the dollar is basically coming to an end of its experiment time and it's gonna we we might even go back to a gold standard you know I doubt it yeah the reason we won't go back to those goals tentacles because the banks can't rip us off if we went back to the gold standard the central bank the Fed the European Central Bank Bank of Japan Bank of China they could have rep us off it's not convenient so the whole

thing here is I'm not angry at my banks because that's where I got my money from I just don't save my money there I save God's money okay so this is demand for silver it keeps getting higher look at this a global government silver inventories it's going down so what's happening is inventories of this is going up because China's buying at Russia's buy at turkeys buying it everybody's buying gold now the central banks are they don't tell you that it's gold and so what's happening the silver is going down in quantity because they burn it

up in industry it's always disappearing where this is saved okay so I think silver such as great opportunity for your generation it is I think it's an incredible opportunity especially because like you mentioned it's affordable too and I mean you were teaching me that every day while we were looking at graphs that the price is lowest it's been well look at this here it's almost half of the all silver mined is in landfills talk about a waste of things so every everyday the amount of silver produce is being thrown away okay look at this it's

just this is just shows you what happens was the price the price was go up and down but you have to look at the inventory supplies of it and this is what have everyone wants to go green now yeah it's on trend all these Millennials plastic straws like all these things California now requiring the solar panels right all that requires so silver again this is is an industrial metal and this is more a precious metal this is for Kings this is for the rich I can spend this all day long yeah so anyway as we

got grain the amount of silver go consumption of silver goes up but this is the chart here what does that show you it's below as it's been it's negative 70 percent yeah compared to everything else so what happened is are these fake financial planners god they're terrible people they tell you to invest in the long term when the stock market look at this chart here this is the Dow it's at an all-time high why would you invest in the stock market you know the Fed which is a criminal or operation because they they only protect

the banks the stock market is an all-time high would you want to get in now no I mean it's and it's and that's the thing that's I think that's why you were saying this it's so important to buy right now because it's low - yeah and look at housing you guys always complained oh I can't afford a house well wait till it crashes thank you buy a house right you know sent 2008 after it crashes that's when I bought real estate so right now look at look at the stock market all-time high real estates at

all-time high your phony education is an all-time high I mean look at medical costs at all-time high and he's fine his phony fake financial planners are telling you to invest for the long-term when the markets at all-time high and what blew it into the bubble was the Fed the Fed kept printing money just kept blowing in this bubble so meanwhile little silver it's $15 on this chart here the used to be as high as 50 you know $15 is a joke so if you hold you and and and this is not an investment let me

know about this I predict that but my predictions are often wrong that if you buy silver today at fifteen in ten years up about a hundred because they keep burning it up keep demanding it so would you rather save the dollar which is going down or save silver which is going up can you afford $15 I can afford and that's why I think it's a perfect opportunity for Millennials especially who complain living paycheck to paycheck you set aside a couple fifteen bucks and then you'll be sad I wouldn't and I wouldn't diversify I mean I

never went 72 I met my first financial planner this is a whole story they told me diversify I said you nuts I said that's called diversify you buy a little of all this crap and all of its paper stocks bonds mutual funds ETFs even real estates on you know REI tees it's fake real estate I don't touch the stuff now you should but I won't get done - I'm not saying don't touch it I'm saying be aware what's real and what's fake here so when I was about your age okay so that was a book

fake I'm flying behind enemy lines in Vietnam and I realized I was being lied to by my own government my own teachers in the walls especially Wall Street you know so when I was about 25 years old I bought my first gold coin was 50 bucks today it's worth about 15 knots about 1,800 today so I never saved dollars and what I started to do then as I got older I just saved gold so you look at me today Here I am here and then today I'm adding Plata so rather than saving dollars which was

going down in value I just save gold and silver and it just became a habit it was you know sometimes it was hard because I didn't have any money but I started to discipline to going by my mic himm and I talked about how will we just save little silver you know buy it buy it buy today we're multi Multi multi millionaires in gold and silver and everybody will tell you well that's stupid because they're in the stock market well start Merck it's got a crash in a few years anyway and this goes up and

down too so if I could leave you one more thing with us is I don't count the price I count the number of ounces this is an ounce approximately this approximately an ounce so I don't care what the price is all i care is how many ounces i have and that's why I'm a rich man they can take everything away from me Plata a auto you know solder and gold will be here a thousand years from now ten thousand years from now a hundred thousand years from now it'll still be here I never spend this

stuff because that's the basis of my wealth and I know most of you Millennials said that yeah but you have money I said they didn't have any money either but it was just a discipline you know can you afford $20 today yeah everybody in the world can but they don't have the discipline there's one more thing I wanna talk to you about and it goes to this here this is the cash flow quadrant okay when you watch those videos where was your mind you have to put your brain into the I quote I don't I've

never looked at a job since since when I came back from Vietnam I sent my life has nothing to do with the he quadrant I could have got a job flying for the airlines you know making 500,000 a year it's chump change you know I've been working for a paycheck and paying taxes so the other thing here is this we're going to the next subject this is the financial statement which is this game here the cash flow game the pointers next week on fake teachers the fake teachers are always why don't you think here in

the income column working for fake money that's why they're fake teachers okay and when I was your age at 25 my brain went into the asset column that's the only place I think about today when you look again at the cash flow quadrant the ESB in the eye the trouble with most Millennials is your brain is still in the equation when I asked you to watch those videos I was putting your brain in the eye quadrant and so the most important thing if you're going to be successful in your lifetime is get your damn brain

out of the equation that were the S quadrant you're working for money you've got to get your brain into the AI quadrant I don't recommend the be quadrants too hard for most people but anyway all I focus on is here I don't care how much money I make all I want are assets so I'm a rich man because my brain is not what most teachers are which is ease my poor dead my rich dad was in the eye Quadrant got the deference in school were taught and trained to work for the income for the job

when here we're taught fake money yeah when here we're taught to work for assets and things like this just real money so what makes me our rich man is and you guys have this power here which we'll go into more it stop listen to fake teachers yes I what would you do with your kid today I take him out of school I would homeschool my kid I want to put him in school because it but there learn to be socialist and communist fight how I teach my kid to be a capitalist and the capitalists are

on the B and the iSight the socialists and communists are on the he and the S side that's Bernie Sanders ALC and all that Elizabeth Warren yeah and those videos that you sent me like you said it shipped me over to the I side as opposed to the east side because it really opens up to things that were never taught in school and the corruption going on today the devaluation of the dollar well we should really be focusing on and what to do with our future and what the resources we have and why things like

what a OCR proposing won't necessarily fix this fix the problem that we're having make you poor longer yeah and so and I loved that when they because he mentioned he's like when you go green you go silver as well and so I just think it's important lessons and we'll go ahead and even put in the description the links to these videos that you guys can also educate yourselves so let me show you one more thing here because this is the most important part the average millennial our human being coming out they want the high paying

job your brain is in the income column and then you think about how am I gonna cover my expenses what's your first expense tax the reason you want to work for fake money is your first line of expense is called tax that's silly and then you think oh now buy a house gonna buy a car and is anybody that so your brain is then stuck in the liability column that just who features will tell you well your house is an asset your car is an asset your college education is an asset so the reason I

asked you to watch those videos let's pull your head out of what you taught you in school and get it into the eye Quadrant I mean the asset column or the I quadrant the I quadrant is the inside trader I trade from the inside I don't try I don't buy stocks bonds mutual funds or ETFs because I'm an insider I don't trade from the outside but that takes training the moment you put your brain in through the through the video in the I quadrant and the asset quadrant you start to see a different world yeah

and made me realize why have I been focusing on all the wrong things yeah people folk on their careers and how am I gonna pay the rent or the mortgage or and higher the higher the wage the higher the expenses and the taxes yeah and a nice car you know I like nice cars and all that too but I don't fall for the gimmicks okay did you get that guys Robert said so himself everybody should be buying solar because it's the cheapest commodity you could get right now so thanks for joining us on this episode

don't forget to subscribe click the bell to get notified and leave a comment below I'll catch you in the next one and start saving those gold and silver coins you you