Robert Kiyosaki Discusses Wealth Preservation with Precious Metals

Wealth Preservation with Precious Metals

Renowned businessman and author Robert Kiyosaki recently joined Andrew Maguire on 'Live from the Vault' to discuss strategies for preserving wealth in today's economic landscape. Kiyosaki, famous for his 'Rich Dad Poor Dad' series, shared his insights on the significance of holding precious metals like gold and silver over traditional fiat currencies.

The Pitfalls of Fiat Currency

Kiyosaki highlighted the limitations of saving in centralized, bank-issued currencies such as the Dollar, Pound, and Yen. He argued that these paper assets are vulnerable to devaluation due to excessive money printing by central banks. This creates a critical distinction between what he terms "real money" and "fake money."

Gresham's Law and Asset Value

He referenced Gresham's Law, which suggests that when "bad money" enters the economy, people tend to hoard "good money," causing valuable assets like gold and silver to be removed from circulation. Kiyosaki believes that saving in precious metals can help individuals safeguard their wealth against inflation and economic instability.

BRICS and Gold Accumulation

Kiyosaki also discussed the growing trend among BRICS nations, particularly Russia and China, to accumulate gold, potentially paving the way for a gold-backed currency. This movement signifies a shift in economic power from the West to the East.

The Kinesis Ecosystem

The conversation highlighted the Kinesis ecosystem, which offers a modern monetary alternative by leveraging gold and silver-backed currencies through blockchain technology. Kiyosaki expressed enthusiasm for Kinesis' innovative yield system, which allows users to manage their portfolios across precious metals and even spend using a debit card. He termed Kinesis as the "evolution of money," providing a sustainable and fair financial solution in a fiat-based economy.

Kinesis Money, founded in 2017, offers an end-to-end monetary system based on physical gold and silver. With a broad client base in over 150 countries, Kinesis provides a secure platform for protecting wealth outside traditional banking volatility.