International Business Times: Robert Kiyosaki Reveals Why You Should Invest in Gold as US Central Bank Buys at Record Pace
Article by Niloy Chakrabarti in International Business Times
In a recent interview on YouTube, Rich Dad Poor Dad author Robert Kiyosaki said that the US Federal Reserve has been buying gold for almost a year now, likely because of the spiraling national debt of nearly $36 trillion, which is accruing interests of over $1 trillion for the first time in history.
Kiyosaki believes the central bank is in trouble, given that the US put on more debt in a year than it took "in the first 200 years" and that the country has been trying to solve this problem by printing more money and dropping interest rates. The multi-millionaire explained that the government "can't keep getting into debt" and pay for it with "fake money."
Kiyosaki has long advocated for assets like precious metals, including gold and silver, because of .....