(Natural News)—For Japanese-American entrepreneur and famed author Robert Kiyosaki, Americans should veer away from being brainwashed that working for the paper dollar, saving and investing for it, would keep them afloat amid the economic collapse.
He said that since the dollar was taken off the gold standard in line with President Richard Nixon’s series of economic measures undertaken in response to increasing inflation in 1971, the U.S. dollar became debt. “Yet people are so indoctrinated into working for this (dollar), and saving this and investing this for more paper. That makes no sense to me,” the author of the no. 1 financial awareness book “Rich Dad, Poor Dad” told hosts Mike Adams and Todd Pitner during his September 26 appearance on “Decentralize.TV.”
Here is what he does, he said: “Number one, I don’t save money, I save silver and gold. I also use debt to invest.” He further recommended that the public study because when any “freaking idiot” can buy an Apple share, he just calls his stockbroker up and says, “I’ll give you $100, you get that share of Apple.” But he warned that once something “bad happens,” the money can be liquefied that fast. “But if you buy a piece of real estate for $100,000 and you make a mistake, you’re not going to write that baby down.”
He cited his friend Ken McElroy’s book “The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss,” which provided an advanced guide to real estate. “Let’s say I buy a property for a million dollars and I borrow out the $2 million. The property now is 100 percent debt and the company is still throwing cash flow,” he said pointing out that when one has cash flow from nothing, the return is infinite. “You made money out of nothing? Yeah, that’s what financial education is,” he added.
Segueing to self-custody and decentralization, Adams raised the value of gold, silver, and cryptocurrency. “Crypto is an honest ledger, right? No one can artificially inflate the supply of Bitcoin, gold and silver in inherent intrinsic value that outlast the fall of civilization throughout history. And also, you can’t just create gold out of thin air, it takes a lot of effort and energy to get it,” the Health Ranger stated.
Kiyosaki agreed saying, that crypto – Bitcoin especially – is off the grid and that is why he likes it. “But it’s blockchain technology, which has integrity. Meanwhile, the U.S. Treasury and President Joe Biden have no integrity,” the renowned author said. “So I want something you cannot print. And that’s why I like gold, silver, and Bitcoin.”
The founder of Rich Global LLC and Rich Dad Company, a private financial education company, further backed it up with the impending death of the U.S. dollar as the BRICS (Brazil, Russia, India, China, South Africa) nations have been expanding with the joining of Saudi Arabia and 41 other countries also expressed their intent to be part of the emerging economies. (Related: Robert Kiyosaki warns of impending DOLLAR DEMISE amid BRICS group’s gold-backed crypto plan.)
“With this, the world doesn’t have to use the dollars,” he said looking back in 1944 when USD became the reserve currency of the world. “It was as good as gold then because the U.S. had won World War II and all central banks had to store this in their vaults, like quadrillion dollars sitting in vaults of the Bank of Japan, Bank of Mexico, Bank of England, etc.” So, when the BRICS coin comes in perhaps quadrillions of dollars flood back to the United States, because it’s no longer money, it is going to cause hyperinflation.
How the United States lost powerful nation’s support such as Saudi Arabia
Kiyosaki, meanwhile, said that it is not just Biden’s strong push for the stupid green agenda that alienated Saudi Arabia from the United States. He said that another straw was when the current administration pulled out of Afghanistan. Also, the Bank of International Settlements made gold a tier-one asset. He said: “Up until that time, the USD was a petrodollar. When Biden pulled us out of Afghanistan, the dollar became worthless, it wasn’t worth oil anymore. So, Saudi Arabia says, ‘Why are we backing the United States?'”
Kiyosaki further expressed his observation, after providing a disclaimer that he was not a racist or xenophobic. “If you notice most of the countries that are hanging together are Christian – Canada, America, England, Australia, New Zealand – but Saudi Arabia, Iran, and Iraq, they’re Muslim, while Korea and all the other Buddhists are together. So not only is it race and money, it is by different religions as well. And I think this is going to be the biggest change in overall history.”
The finance expert also warned people of the rumor that there can be a bail-in, which for him is another level of insanity. “But I would take my money out of the bank. I won’t tell anybody where I keep it. I bought a safe someplace. I store my gold and silver in Switzerland because I don’t trust my government,” he revealed.
Adams concurred and added that the future for the American people is going to surprise them because they will find themselves living in deep impoverishment virtually overnight. “Even if they have dollars in the bank, or they think they have a pension or they think they have Social Security. Yeah, you may still get the check, but it’s not going to be able to buy much of anything,” the Brighteon and Natural News founder said.
Check out DollarDemise.com for more news about the imminent collapse of the U.S. dollar. Watch the full September 26 episode of “Decentralize.TV” with Mike Adams and Todd Pitner featuring Robert Kiyosaki below.
This video is from the Health Ranger Report channel on Brighteon.com.
Sources for this article include:
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
