In this episode of the Rich Dad Radio Show, host Robert Kiyosaki and guest David Garofalo, Chairman and CEO of Gold Royalty Corp, discuss the current state of the mining industry, the value of gold and silver, and the concept of royalties. They highlight the decreasing purchasing power of the US dollar and the increasing price of gold since the decoupling from the gold standard. Garofalo explains that owning a royalty in a mining company can provide protection against cost inflation and allow for diversification. Kiyosaki expresses his interest in investing in gold and silver as a protection against economic instability.
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Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
