Robert Kiyosaki: The dollar is 'fake,' this is why the American empire is at its 'end'

Robert Kiyosaki, best-selling author of the 'Rich Dad, Poor Dad' series, explains why he thinks the dollar is 'fake,' and why he prefers assets that 'cannot be printed,' like gold, silver, Bitcoin, and even Wagyu cattle. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, at the VRIC Conference.
Follow Michelle Makori on Twitter: @MichelleMakori ( / michellemakori )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
Follow Robert Kiyosaki on Twitter: @theRealKiyosaki ( / therealkiyosaki )
0:00 - Intro
2:09 - The dollar's demise
8:28 - Investment implications
12:52 - Central bank gold buying
14:46 - Real estate and the Baby Boom
16:38 - Inflation and energy
24:14 - Foreign policy
30:15 - Bitcoin
31:37 - Closing thoughts
#gold #silver #bitcoin
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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[@manishg214]

Watching this 2 weeks later and the US banks have started collapsing. This guy is spot on!

[@dustinmiller2775]

That's why the show is called "On The Spot" 😃 (Plus Michelle fine as hell)

[@bigblack5643]

Moral of the story, when BRICS launches its system. The South American, African, and Asian countries involved will have currencies backed by mainly gold. Rumors are South Africa will launch it first, and with their massive gold mines its going to go well.

[@realtalkwithzsj3969]

Jamaica 🇯🇲 has been invited to their meeting.

[@sixmillionsilencedaccounts3517]

Many countries to bring in American democracy.

[@arr8577]

@@sixmillionsilencedaccounts3517 i think "too many to handle"

[@bonginkosigoodwillndhlovu6776]

More political stunts coming to SA from the west. They already stated with arrest of Putin to devide BRICS.

[@SodiumSyndicate]

Unless USA decides that South Africa needs democracy.

[@GapBahnDirk]

Michelle did a great job of expanding on and explaining some of Robert's thoughts!

[@whathappenedman3518]

I think there's one thing we can be sure of, and it's that Robert Kiyosaki is an entrepreneur.

[@shecklesmack9563]

One of the entrepreneurs of all time

[@monetarymusashi5732]

No he is scammer and a grifter look it up

[@wormbo2]

​@@monetarymusashi5732maybe so. But he's a grifter with hundred million dollars!! So who's REALLY the dumdum here??

[@Cenot4ph]

it's a meme at this point

[@kalvinowusu497]

😂😂😂

[@joshimuddin01]

Gold and silver is the real money. It's not just numbers on paper but real assets.

[@eugeneferrari4748]

Imagine if Robert answered a question instead of replying with his talking points that were on repeat for the past 30 years.

[@aWitty]

He’s an old man and likes to tell stories.

[@alexanderpetrov7027]

😂

[@jcgoogle1808]

Yep, he's a fruit cake.

[@user-li7kp7re9b]

Very annoying

[@ajcatter1011]

We liked him better when he use to "chink it up" with his humble opinions, and his kind mannerism back then. Now, he looks like he's part of that LQBJT community. He comes off as an old tell-o-tale half a queer today, especially with the retarded blue frames. He lost his appeal but he's LOADED.

[@camerakid76]

Props to Michelle, Robert isn’t an easy interview. He may have sound principles, but sometimes his communication leaves a bit to be desired.

[@LassieFarm]

You're being very generous. He's a total horse's behind 🐴

[@bilbobaggins4462]

​@@LassieFarm I'm still laughing...🤣🤣

[@David_F579]

@@LassieFarm Yep - he's another clown I stopped listening to years back ... now I just click the videos to read the comments

[@Braddaddyx]

I thought the same, I think he is showing starting dementia, he can not stick to the topic. Still he is right with most things.

[@Harrybowles1969]

Man he answers every complex question by holding up a silver coin

[@loudog509]

NOBEL PEACE PRIZES??? Michelle deserves one for her patience in this interview :)

[@peterwall2935]

This guy diverted her housing question multiple times...cuz fiat is fak!! He's an entrepreneur....not a financial advisor just a silver/gold mine owner...lol. he got in early and has no clue what's in store for this generation. BUY MY BOOKS!!

[@lungisamadolo8407]

True that.🤣

[@rudeawakening3833]

EXACTLY

[@judyt.3228]

My thinking don't buy his book, buy silver.

[@BenHandley-js1xx]

Gave her nothing

[@gingabeard7090]

Michelle is one smart cookie! Very good at interviewing and transitioning between questions.

[@ParikshitBhujbal]

Robert only gives advice on the things he HIMSELF does, not on things he doesn't do or doesn't know. I think for this he deserves credit, honest and not a talker.

[@LassieFarm]

Can you imagine the eye roll from Michelle when her producer said, " you're gonna interview Kiyosaki"

[@JimmieJohn]

Yeah, shes tired of blowing him.

[@joshuaa.kennedy8837]

His real skill is bringing people together who know more about each subject then he dose and build a team out of it.

[@rudeawakening3833]

His REAL skill is TELLING you : He was a smuggler . An entrepreneur . A pilot ( honorable service ) AN AUTHOR … ( good for him - he doesn’t punch a clock ) BUT - if nobody went to “ work “ , our country would collapse …

[@jcgoogle1808]

Yep, aside from real etate, he's a clueless fruitcake.

[@dangerousdonnafit]

Lol

[@bluedogfish2]

My grandpa said when he was little they didn’t know they didn’t have anything because they never had anything…today it’s going to be a different story

[@jackie-sd6lc]

lol apple or grand berry?

[@richardhobbs7107]

My grandpa used to say, "Why worry . . . . 100 years from now they will never know the difference." 'It' really only matters now.

[@JohnJohnCrusher]

It's all in your mind. Control your mind and the universe is yours

[@raytsang4398]

Robert was not answering her questions, just kept saying 3 US dollars for a metal coin...lol.

[@LassieFarm]

Very very arrogant as usual

[@MrNikkertti]

@@LassieFarm You can be a little arrogant if you have a track record and accomplishments like he does. Not to mention the wealth. You don't have to please anyone.

[@LassieFarm]

@@MrNikkertti that's the same logic people use why Trump made a perfect president. Poor people smh

[@stockholmpublishings2937]

@@MrNikkertti track reckord? he wrote a book lol

[@buttlesschap]

He's grifting harder than usual here. His answer to how his public company is performing: "I don't even know. I start them and move on cause Im an entrepreneur. I'm just making too much money to care" LOL

[@vister6757]

I can feel lots of disappointment from the US government and USD in Robert's tone when he's asked these questions. Hence, he was constantly pointing to the dollar and reminded everyone it's fake money. 😅

[@camerakid76]

He’s not wrong. The US has lost it’s way.

[@vijayvarade8077]

@@camerakid76 He is wrong about gold and silver investment . It has performed very poorly since 1980s in USD . One would be pretty poor now if one had invested only in gold and silver .It was bad investment that time and it is bad investment now . Some people have held this belief of gold and silver for such a long time and they are only hoping for USD failure to apprieciate gold and silver .

[@JGGarcia-kh8uq]

He is making sound like he does not even have a savings account or own stocks, I understand his point, but come on, he has to pay servces or stuff he wears and use.

[@arthurmisessu2642]

@@vijayvarade8077 You just said since 1980s gold&silver were poor, but they will be far more expensive in the future 10 years

[@jimcombatvet8122]

EXCITING TIMES.... It's not every generation who can live through the death of their Nation

[@LeobardoOscar]

And also pretty sad.

[@Braddaddyx]

The thing is, that many will not "live" through it.

[@ianmorrison8722]

@@Braddaddyx because they took the serpent 🐍 juice and getting sick with heart 💜 tack.

[@vijayvarade8077]

Don't believe in his BS talk about USD . US economy is going to remain strong for next 2 decades and USD will still be most sought currency in the world for many decades to come .

[@Braddaddyx]

@@ianmorrison8722 That is one factor, another is war and economic crash

[@cheyennefaith4857]

Listening to Robert is like listening to a broken record. He knows one script and can’t deviate from it based on questions he’s asked.

[@LassieFarm]

Cole slaw Cole slaw Cole slaw, did I mention I used to be on CNBC??

[@aWitty]

He’s an old man and likes to tell stories.

[@lebomonster]

100% true.

[@aimmed7728]

A broken clock will show the correct time twice a day.....

[@shasankapatir7551]

Product of the education system he talked about !!

[@daminiel1]

Robert is getting too old! Poor guy not answering questions on purpose or just being a old man lol

[@JohnJohnCrusher]

He derives humor from being weird and difficult on purpose

[@nederlander111]

i do think that the man has a narcissistic personality dissorder.

[@char3497]

You did a great job making something out of nothing from this interview

[@gregjusza7279]

I love watching Kitco news there are a lot of value information every time. Great job guys ❤

[@kitco]

Glad you like them!

[@art_of_investing_]

“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.” -Robert T. Kiyosaki

[@bohemianh]

KIyosaki's book Rich Dad Poor Dad changed my life! I love this guy~!!!!!!!

[@munnashah1195]

Dollar is tissue paper. Hope we will get out of this dollar scam soon and move to currency that has value, and backed by gold.

[@tshaolin971]

How kind are you, the dollar is pretty much turning into toilet paper.

[@mg-by7uu]

Kiyosaki talks so much but never says anything

[@mrree9099]

His wallet says everything

[@soakedpoet3411]

Bingo !

[@mrbrown919mb]

He says plenty, you just have to read between the lines

[@mg-by7uu]

@@mrbrown919mb Sure. First time he talks maybe. But after you've heard "buy assets using debt and don't buy liabilities" you've kinda heard everything he has to say

[@Jeff__M]

I want my 33 minutes back.

[@DoubleOhSilver]

Oh hey, it's Jeff M!

[@Jeff__M]

@@DoubleOhSilver what’s up my man Mars!

[@huwhitecavebeast1972]

You can't multitask? You should have been productive while watching/listening to it.

[@bahlsdeepe868]

Robert is 100% correct that Michelle is looking absolutely amazing😍❤

[@amarilisgonzalez9950]

Thank you. Eye opening and good information.

[@LassieFarm]

He's a showman. Michelle did well keeping him in line. I usually can't stand Kiyosaki, but this was ok

[@oneviwatara9384]

Are you saying dollars is not fake?🤣

[@LassieFarm]

@@oneviwatara9384 I'm saying Bob has gone a bit senile. A little bit repetitive little bit repetitive little bit repetitive. Did he mention Cole slaw ten times ? 🤣😂

[@friendsforever5012]

Guys a book writer made a shit load of cash fiat lol now he thinks he knows everything. Hes not a financial expert by any means he knows nothing about finance or economics. Grade 12 education.

[@oneviwatara9384]

@@friendsforever5012 I think you should write a book how to become a homeless 🤣😂

[@oneviwatara9384]

@@LassieFarm No one going to save your asss from US economy collapsing in around 2032 😂

[@penguinzomby]

This guy is awesome, never heard of him before, amazing interview

[@penguinzomby]

@WheelsAlwaysTurning I'm only 28 bro

[@romulus1300]

@@penguinzomby you need to read his book.

[@Marsconquered]

​@@penguinzombyLol

[@KoryManX]

She is amazing

[@streetscienceofficial8675]

She is my little Gurl

[@mattydee716]

Excellent content as always Kitco! Well done Michelle 🥂

[@builtfordtuff530]

This guys brutal to listen to.

[@jasminlavigne4778]

He's repeating always the same thing. But he's right...

[@PistolPete1984]

Michelle great interview. You are a pro! thanks

[@Lungsta101]

Sounds like my grandad. A whole lot of wisdom, just a weird way of explaining.

[@CuSTACKS]

It's not weird it's experience talking

[@JoostEurovisionFans]

Talking and presenting is a skill in itself. Mayn people have great talents and skills, like mathematics and stuff, but are not able to present this in words. They are awkward and weird. Because they are geniuses within their own realm. They are not salesmen with all lubed up glorified sales pitches. But if you can filter the important clues out, it surely is gold.

[@nederlander111]

@@CuSTACKS i think the man is a narcissist.

[@CuSTACKS]

@@nederlander111 a narcissist with tons of success.

[@garydennis2431]

Super informative and knowledgeable and knows how to ask the right questions and handle any financial pressure ,always composed.

[@dangerousdonnafit]

Robert, Thank you for the service to our US of America One of the toughest wars to be in… my good friend and Bible study instructor was a doc in that war. Robert is right about how some of us think of nuclear war. As if it’s a video game; totally controllable…. I believe not

[@tavx6659]

Today is when I understand Robert message after watching "The Great Reset by Andy Schectman". He is sharing a very important message it's just that he is not telling us the background of it all. Anyways, thanks Robert for your consistency!!!

[@docdoc4526]

As always epic 👍🙏

[@F.J._Claes]

O.K. So everybody should buy gold. But I don't think there's enough gold for everyone.

[@streetscienceofficial8675]

🤣🤣🤣 you're lower IQ financial where you studied Hardvard

[@thankfuliam3251]

Robert Kiyosaki Great Teacher ❤ Michelle Makori Awesome Interviewer

[@JosePerez-cv5cb]

Michelle is absolutely Spectacular 🤩

[@didforlove]

yup

[@sixmillionsilencedaccounts3517]

I was looking for this comment. Breathtaking!🤩

[@SilverSentry]

Wow. This interview was like going to a three hour concert where the artist plays the same song over and over again the entire show and again for three encores too. Absolutely painful.

[@chrishickson3665]

Gold coins and silver coins!

[@NickHutchinson-ng1im]

Vary enlightening discussion...thank you!

[@NickHutchinson-ng1im]

@@Jon-pl3hr sorry typo...very not vary

[@levialston1496]

I remember when the dollar said federal reserves note and learn later a note is a iou meaning you pay back the face value also learn the dollar only cost 5 cents to print been some years ago

[@Fredricksaviour]

The question is why should one buy a silver coin using a fake currency ?

[@RInho-ox8sw]

The guy got rich of selling his book, and he keeps on selling it - he offers very little.

[@friendsforever5012]

Robert writes books hes not a financial expert.

[@timburke3322]

Great Newscast, now I understand Robert better. He is for hard assets. He is 75, and there are a lot of great people from that Era.

[@specialagentzeus]

The guy waffles on too much and is under the impression he will live forever and will put his gold to good use, "eventually one day"

[@qeqweqeqweqweqweq]

He's a multi millionaire. The gold is an inheritance for his children.

[@jemje2007]

😂😂😂 he spreads fear

[@huwhitecavebeast1972]

Not at all.

[@CharlesGholsonAllen]

The most difficult interview Michelle has ever done. "Robert, what's your outlook on real estate?" "That's why I told them to keep a quarter!"

[@paullopes846]

Fantastic interview.

[@KQKQKQKQKQKQ]

I love Michelle more and more with every interview.

[@dannymarlin9150]

Nothing new here. Robert is Rich. Robert likes Real Estate. Robert like Gold and Robert likes Silver. Robert gets richer from inflation as we all get poorer

[@chrishickson3665]

Hi Michelle and Mr. Big Time Kiyosaki!

[@nsnz33]

South Park needs to do a spoof of Kiyosaki answering every question that he is asked, no matter if it’s about economics or literally anything else, with “Well you know I’m an entrepreneur.”

[@3B-TM]

Always enjoy listening to Robert and Michelle 💪😎👍💰🇺🇸🙏

[@richardmoonstone52]

Great stuff. Peace and love

[@todgravel7252]

Thank you appreciate you

[@benturtle3876]

I saw this interview live a month ago in Vancouver convention center. Why Kitco took so long to edit this video and publish?

[@tomdrummy4984]

I retired at 55 with a lot of “fake money”

[@huwhitecavebeast1972]

Sweet, let us know how that's going when the bottom drops out. Enjoying the inflation cutting into your purchasing power are you?

[@luckyedwards4870]

Wow, I really gotta give u credit for ur impressive effort, trying to get something out of Kiyosaki. No disrespect to him, but he really didn't say much, and mostly repeated himself. Ur smarts, and bn informed did u well with making something out of the interview. Great job Michelle.

[@Jas-1000]

He said a lot your not listening! How much more clearer does he have to say it to you?! Your the woman in his story…you still don’t get it..

[@DerMeister821]

@@Jas-1000 He doesn't say anything, because he's a conman.

[@lamarravery4094]

He repeats himself like his buddy Trump, must be an old man thing.

[@MrRiptonk]

Outstanding I'd say. Michelle will have seen the problems coming over the horizon.

[@shoestringfarm]

That was superb, and exactly at the right time.

[@pinealgland2922]

outstanding!

[@louiem337]

Roberts message is just so vital and so easy to understand yet the hypnotized, ignorant masses, even those with lots of digital money are so complacent and trustworthy of the government and the financial system with the fiat currency that the struggle is real to get any kind of message across to these people. I would assume it's watching television, drinking fluoridated water and the stupid desire to be woke in this stupid world

[@ResilientCounty]

I'm thinking this might be the last time I can bear to hear Kiyosaki interviewed.

[@slc-play4311]

Thank you! Why arent more ppl calling him out for this bullshit

[@chrishickson3665]

Michelle and Mr. Kiyosaki, have a great weekend!

[@johnhemphill1938]

💥💥💥💥Loved this

[@c.e.g.670]

Damn Michelle wasn’t going anywhere with Rob…. Had to end the interview asap lmao

[@snakeplissken3063]

In the movie about Robert Kiyosaki's life, he should be played by Christopher Walken.

[@user-dr8ug3gs3c]

More Cowbell 😂

[@MYC_ODD_APP]

Would love to interview with Michelle on crypto forecast and economics

[@RahulSoni-xv4cz]

One can't buy a piece of bread with Real Money of course.

[@richr1029]

always love listening to Robert. He is in the know

[@joetheox1202]

When he's not missing out on the biggest bull market ever.

[@LassieFarm]

Used to be yes

[@HeWoreSkeletons]

He’s lost his marbles, keeps repeating himself it’s embarrassing listening to him

[@joetheox1202]

@@HeWoreSkeletons yeah she had to point out a couple of times we'd all heard the story before. Like listening to lynette zang.

[@jean-louislalonde6070]

Kyosaki is using a cassette, repeating same old lines.

[@HAGGIS..]

Michelle you are a class act, @CNBC I don’t blame you

[@AndyCreed0x]

Your content is awesome!! Regarding questions, I’d like to see sometimes a compassion between other coins like ETH/BTC MATIC/BTC because sometimes they stop following btc price. Also something like BTC/CHF or BTC/GOLD because this time looks like the USD it self is losing value. So I guess if there is some tool to make this analysis

[@ivanrubnenkov919]

enjoyed this discussion quite a bit Thanks Robert and Michelle !

[@crw45able]

The poor fella almost didn't get his coleslaw 😂.

[@davidngan3391]

nice!

[@mehdieliass7499]

very smart journalist ! top tier

[@blunderafterblunder7231]

Way to call him out at 20:00 on that false inflation statement great job polite @MichelleMakori

[@andrevdende8244]

This woman is gold

[@chucksw1]

she can buy the gold too:)

[@austin426512]

I want to buy her

[@Marsconquered]

​@@austin426512Cry,cry moree

[@austin426512]

@@Marsconquered why should I cry. I like her

[@electroniqueradio1991]

fucking losers go learn to talk to real women😂

[@theartofancientegyptianmet1747]

Robert is looking great at 75!

[@morganvon5664]

You need an eye exam. He looks pretty weathered for 75. I would have guessed 85.

[@bn7228]

A great man

[@friendsforever5012]

When the economy continues to get crushed renters wont be renting at high prices . Alot of landlords will see theyll be in trouble .

[@wellroundedwildones3376]

Spectacular 😍 I'm not the only Michelle fan. Lol way to tell her in person Robert!

[@kinitukuca7908]

Very informative !

[@DatHoodCook]

Yes, she is gorgeous 😍

[@-moumou-]

Rich Dad, Poor Soul

[@testaccounting865]

CAN WE GET A RICH DAD MOVIE?? This guys books and life story is just simply amazing and an american story. :)

[@LassieFarm]

Tom cruise can play him 👍

[@sssm1051]

He's not greedy and doesn't need to cash off by making a movie which will become woke anyways by sleazy Hollywood producers.

[@JimmieJohn]

​@@LassieFarm Tom C ain't black enough.

[@testaccounting865]

@@sssm1051 I wasnt proposing it in a way for him to make money, i just think the visuals in a movie can really bring the Rich Dad Poor dad book to life and really could help people think differently in how they use money.

[@samm7166]

She's wonderful ❤️

[@ashupandey7924]

I like how calm the interviewer was with all these absurd answers

[@madebeen]

Thats about the only thing i agree with him!! Michelle is indeed spetacular 😂😂😂❤❤❤❤

[@MakingHome]

Totally cringe.

[@Moon_Productions]

Love ❤the Kiyosaki 👍

[@anthonyaltman]

Michelle, thank you

[@fitnessrealty]

Oh yeah!!! Getting into it. Let's go. I'm excited for this video.

[@faa9261]

All the great empires of the world fall.

[@dexearth2462]

Solid!

[@chrishickson3665]

Mr. Kiyosaki do you buy gold and silver from Mr. Andy Schectman?

[@Mcllwain]

Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.

[@sherryie2]

When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.

[@carolynrose1816]

@@tonicruger Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.

[@carolynrose1816]

@@tonicruger Thanks for the info, i found her website and sent a message hopefully she replies soon.