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

4 Signs the U.S. Dollar May Be Toast

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

00:00

What Happened to the COMEX Market?

Sovereign wealth funds are getting away from the big banks and all this. The COMEX was originally built to offset risk, where if I own 1,000 ounces of gold in my warehouse, I'll sell 1,000 ounce on paper on COMEX. It's just a way to offset risk by people who deal with the commodity as well. Now you have the most private, of the most well-funded, well-informed private investors doing the exact same thing that the commercial banks and central banks have been doing.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app