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How to Protect Yourself From Inflation

By Rocky Vega

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 a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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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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