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Why I Listen to Robert Kiyosaki

Why I listen to Robert Kiyosaki

#1  Corporate insiders are selling off stock at a blinding pace and are looking for the exits.  RIGHT NOW!!!!!!

#2  Analysts at both Bank of America and Goldman Sachs believe the U.S. Federal Reserve is going to initiate a new round of quantitative easing in November.  It does not take a genius to figure out that this is very likely to push up inflation and have very serious consequences for the U.S. dollar.

#3  In the United States today, there are 5057 janitors with Ph.D.’s, other doctorates, or professional degrees.

#4  Investors have very little faith in the U.S. dollar (and in paper currencies in general) at this point.  Precious metals are soaring to obscene heights.  The price of gold has increased more than 20% in 2010.  The price of silver has skyrocketed about 40 percent this year.  These are not signs that indicate that the U.S. financial system is stable.

#5  In the United States today, 317,000 waiters/waitresses have college degrees.

#6  U.S. lending institutions repossessed an all-time record total of 102,134 homes  in the month of September.  That was the first time that home repossessions in the U.S. had ever exceeded the 100,000 mark during a single month.

#7  In the United States today, 18,000 parking lot attendants have college degrees.

#8  Wheat, corn and other staples prices are soaring on world markets.  These higher food prices are going to hit U.S. consumers hard.

#9  Median household income in the U.S. declined from $51,726 in 2008 $50,221 in 2009.  That was the second yearly decline in a row.

#10  One out of every six Americans are enrolled in a gov’t anti-poverty help programs and signing up for food stamps/social programs just continues to set new all-time records month after month after month.

#11  The number of Americans working part-time jobs “for economic reasons” is now the highest it has been in at least 5 decades.
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