Bad Money Drives Out Good Money

In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. Today’s guest says, “This has been happening all throughout history.”  In this episode you’ll learn:  Bad Money (Fake gold) vs. Good Money (Real gold) Why silver is becoming more scarce and what that means for its price What the future holds for real gold and silver Kevin DeMeritt, Founder and Operator of Lear Capital, says, “Silver’s forecast is much better than gold, because the Biden Administration is looking at implementing a $2 Trillion green energy program.” Hosts Robert and Kim Kiyosaki and guest Kevin DeMeritt discuss what’s in store for gold and silver in 2021 and where you should be putting your hard-earned dollar.  OFFER FOR RICH DAD LISTENERS:  Call Lear Capital and learn more about owning physical gold and silver, and the first 75 callers will receive a silver mercury dime (minted in 1916-1945). Call in and get the FREE Information: 800-511-1960.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Beat conventional advice on personal finance, investing, and business with the author of Rich Dad Poor Dad, Robert Kiyosaki. Get ahead with his pull-no-punches style of challenging the advice we’ve all been given on money, investing, and the economy. Frustrated and frightened by the financial advice being given by the mainstream talking heads, Robert Kiyosaki sits down with professionals from the world of money, investing, business, and personal development. Listeners will be provided various viewpoints on how to set themselves up for financial success. If you’re looking for get-rich-quick tips and tricks to investing, move on. Listeners dedicated to the craft of finance and a better life, subscribe! New podcasts released weekly!