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How to Protect Yourself From Inflation

10/09/09 Stockholm, Sweden – Robert Kiyosaki, a king of the real estate boom, has drastically changed his tune… he’s now touting commodities and silver in particular. He claims to have started buying silver at $3 an ounce, largely because “the US dollar is trash.”

He points out that because there’s “more gold on planet earth” now than silver, and silver has so many industrial uses, it’s the “number one investment today” and a “smoking deal.” He also notes that he owns his own gold and silver mines.

There are more details in the Newsmax interview below, and thanks to The Coming Depression for bringing this news on silver investing to our attention.

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

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2 Responses

  1. Ryan said

    Sure, silver is better than gold and stocks. Even the MG knows this. Personally, I’m tired of seeing your obnoxiously white teeth twice per day spamming the DR with just links to other people’s opinions and work. Can’t you put a little more ORIGINAL thought into this and offer some quality instead of quantity?

    on October 9, 2009.
  2. Max C said

    +1

    on October 9, 2009.

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