Rich Dad, Poor Dad Author Obviously Likes Gold

In an interview with Danielle Cambone of Kitco, Robert Kiyosaki, author of best-selling “Rich Dad, Poor Dad,” talks about the debt bubble that will bring about a crash that will be more like an avalanche and says he likes those times to buy “when everything goes on sale.”

According to Kitco, “Should a financial correction occur, Kiyosaki said he is well covered with his gold holdings which he has been accumulating since 1972, ‘I have more gold then I can ever spend in my lifetime,’ he said. On Friday, stocks rose to record highs with their best start since 2003, the Dow Jones industrial average rose 197 points to an all-time high and the S&P 500 reached a record high, climbing 0.6 percent.”

RERUN: Rich Dad Author Says The Next Financial Crash Will be Like an “Avalanche”