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Robert Kiyosaki Cash is Trash -- Buy Silver

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Folks, we are not going to win people over if we keep using

the wrong terms.

It is not possible to print Dollars.

A dollar is NOT an abstract accounting unit. It is not a piece of paper.

A dollar is a specific weight of pure silver. (371.25 grains to be exact)

Imagine if you named a cup of sugar a "cake" and then traded "cakes." Would a piece of paper with the word "cake" on it make it a cake? No. That's just silly. Would it be equal to a "cake?" Maybe at first. But we all know more paper notes are printed than actual cakes, so the market quickly discounts the paper.

If Federal Reserve Notes were actually dollars (which they clearly are not) and still had the full value of a dollar, then they would still buy the same amount of goods a dollar bought in 1913 just before they were first introduced. Yet that is clearly not the case. A Federal Reserve Note with the denomination of One Dollar today will buy what it took only 2¢ to buy in 1913. Yet two one-hundredths (or one-fiftieth) the amount of silver in a Dollar coin will still buy that same amount of goods(aka 2¢), perhaps even more due to economies of scale and mass production.

If we keep referring to our currency as dollars we will continue to lose the battle to once again actually use dollars as our money.

Spread the word to make the case that we haven't used dollars since 1913 and it is long time now, that we start.

Make the case clear that it is not the dollar that is losing value but rather a piece of paper with the word "dollar" on it that is losing value.

When you make that clear case, the solution becomes obvious and people can see it for themselves.

If we want to be successful, we have to use the right terminology.

The Dollar is NOT losing value.

You can NOT print dollars.

We use Federal Reserve Notes. (FRNs or FeRNs for short) That IS the problem.

Awesome

Video except video says gold at $1100 and Silver at $18 LOL!! If anybody listened at that time...they win!

really

I had no time to listen to the whole thing.

I see older video posted right now...still good points and people get educated watching.

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Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Yeah...it is a little older

But what he says is so right on! You have to invest in real estate which creates a cash flow and then use your cash flow to invest in silver. So simple.

it is simple and so right

matter of fact I was just talking with my family this morning telling them the same thing.

Canada here we have all time highs for home prices and I was telling them sell sell sell homes now and get into silver gold and farmland that can provide food for you when millions on this continent will be starving.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

It is very simple YET

Nobody does it. Cash flow is key as he says. You have to own properties. They generate Cash flow which allow you to not have to work.

Do you invest in real estate?

I don't have the resources to (which is probably why most people don't do it) but I have family members that do. And they have more on their plate with their properties than they did before.

Anyone who thinks owning real estate means you don't have to work is fooling themselves. I've yet to meet anyone who is successful with their property investments who has less to do now than before they bought them.

If you own rental property and have less work than before you bought them, you are not taking care of your properties, and odds are, you won't hold them for long. If you do, you'll be one of those absentee landlords every tenant despises and which communists like to use as examples of the 'evil rich' they have to write laws to regulate.

Owning property is a huge responsibility if you want a stable cash flow from it.

If all you want to do is speculate (like those who inflated the recent housing bubble) then that is a different story. But that is not steady cash flow. That is hit and miss, roll the dice, gambling.