I live in New Zealand, and Robert Kiyosaki has a following here because of his recommendations to do with property – which were well received in NZ, because of the historic tendency for New Zealanders to invest in property. Interestingly, the comments above, which are right on the money in my view, are dismissed almost totally in New Zealand, because they do not fit with the local mindset.

I believe this video was made in 2008, but it is still worth watching . . . because:
1. It’s even more true today than in 2008; the demand for physical silver has significantly increased since then.
2. Silver is not only a precious metal, it is also an important strategic metal, used for military equipment.
3. The US, which historically has kept a huge stockpile of silver for strategic purposes (i.e. just like the US strategic petroleum reserve), now has practically NO RESERVES of silver.
4. All of the physical silver that is produced within the USA is sent to the US Mint, which is minting record amounts of silver Eagles, in accordance with a congressional law mandating the availability of pure silver coins. This means that there is none “left over” to go into the silver strategic reserve.

There are many, many other reasons for silver’s eventual explosion in price. Inquiring minds should google “silver” or “silver investment” … or go to the silver institute to review the many, many uses of silver for industrial applications. So there’s tons of reasons for owning silver.

I firmly believe that, within a few short years, the physical silver price will be at least triple what it is today.

The other scam that is a big one is paper silver and gold. What are you going to do if Israel goes to war with Iran, China starts to demand payment in gold after the US zeros out the Chinese reserves accounts at the banks in 30 minutes’ time, and then America gets wiped out in Corexit rains from the oil spill? How will you get your metals if the funds default for lack of metal, and even if they had it, how would you get it if it’s in a foreign country if the borders are closed down, how would you get it within the state if you have to drive through miles of stalled traffic, ambush road blocks, and dry, abandonded, and/or unpowered gas stations?

You have to have your metals in your physical possession and ready to guard them with your life, otherwise you can just continue living, but on your knees, though.

Ed Note: Better not to keep gold in your house.

Wrong, Editor.

How are you going to get to your metals in hidden places if traffic conditions exists as I described? No, you’re going to guard them with your life, or it will be guarded against your attempt to collect what’s yours. Good luck…