4 Economic Disasters in 2023 - Part 2
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
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I Hate Cash Because It Has No Yield
The biggest cash in the world right now is probably Warren Buffett Berkshire Hathaway has $130 billion in cash. I like real estate, multifamily housing, farm, other kinds of income producing real estate. I like gold but 10 percent. Jim McCord says sell everything by gold. Well then silver will, you know, in a real severe crisis or social disorder, a monster box which is 501 ounce American silver. That's like having a battery, some flashlight and water and plywood and a hurricane. The last thing you want to do is lay off people when things get bad enough. But yeah, unemployment is going to go up because that's a lagging indicator for recession.
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