Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

Will Gold Skyrocket??

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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Forecasting Gold Prices and Economic Implications

The chapter delves into an interview with Jim, a national security advisor, discussing predictions of gold reaching $15,000 and its implications on the economy, highlighting concerns about economic health. Various factors contributing to this forecast are explored, alongside historical contexts like the gold market's fluctuations and key moments like gold's detachment from the dollar in 1971. The discussion also covers strategies of investors like Warren Buffett and the risks involved in starting a gold mine in China.

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