We have this enormous gap between the world's haves and have-nots because the have-not's value money-they work for it, save it, cling to it, and lose it. There is a war happening against your wealth, and today's episode is a warning to move your "money" into better money. EB Tucker, the author of "Why Gold, Why Now?" says "The United States uses the dollar as a weapon around the world." Now, Federal Reserve officials identified the wide adoption of digital currencies and are putting together a long-term digital dollar, the FedCoin. One main concern with the FedCoin is today when the Fed and treasury create money it gets funneled to the big banks but with the creation of the FedCoin those big banks would disappear, and we'd be forced to bank directly with the Fed. Hosts Robert and Kim Kiyosaki and guest EB Tucker discuss everything from gold, the FedCoin, and how there is a war against your wealth.
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 Who Stole My Pension? How You Can Stop the Looting.
Mr. Tucker writes The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry's Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.