Bullish on Gold? Why Not Own the Gold Mine? - Robert Kiyosaki, Peter Schiff, John MacGregor
Robert and Kim Kiyosaki are self-declared hard asset investors, and they both admittedly have sworn off paper assets. Listen as today's guests make the case for owning gold mining shares.
So what does the future hold for gold? The guests both say that the future for gold is very bright!
Peter Schiff, Chief Economist & Global Strategist of Euro Pacific Capital, makes the case for his gold fund and says, "If you're bullish on gold, you want to own the gold mine."
Long time friend of Rich Dad and Certified Financial Planner, John MacGregor says, "This is a perfect play on gold," and offers the following tips for evaluating a gold fund:
1. History of consistent performance2. Management of the fund3. Expense ratios
But as Robert says, before investing in any fund you must do your research.
Hosts Robert and Kim Kiyosaki, along with guests Peter Schiff and John MacGregor discuss what makes a good fund and what makes a bad fund-and why you should care!
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad's Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, "Your home is not an investment," years before the Panic of 2008. His latest book is Fake: How Lies are Making the Poor and the Middle-Class Poorer.
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0
