Copyright 2008 by Michael Maloney
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First eBook Edition: August 2008
ISBN: 978-0-446-54464-1
Bestselling by Robert T. Kiyosaki & Sharon L. Lechter
Rich Dad Poor Dad
What the Rich Teach Their Kids About Money that the Poor and Middle Class Do Not
Rich Dads CASHFLOW Quadrant
Rich Dads Guide to Financial Freedom
Rich Dads Guide to Investing
What the Rich Invest In that the Poor and Middle Class Do Not
Rich Dads Rich Kid Smart Kid
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Rich Dads Retire Young Retire Rich
How to Get Rich Quickly and Stay Rich Forever
Rich Dads Prophecy
Why the Biggest Stock Market Crash in History is Still Coming... And How You Can Prepare Your self and Profit From it!
Rich Dads Success Stories
Real-Life Success Stories from Real-Life People Who Followed the Rich Dad Lessons
Rich Dads Guide to Becoming Rich Without Cutting Up Your Credit Cards
Turn Bad Debt into Good Debt
Rich Dads Who Took My Money?
Why Slow Investors Lose and Fast Money Wins!
Rich Dad Poor Dad for Teens
The Secrets About Money That You Dont Learn In School!
Rich Dads Escape from the Rat Race
How to Become a Rich Kid by Following Rich Dads Advice
Rich Dads Before You Quit Your Job
Ten Real-Life Lessons Every Entrepreneur Should Know About Building a Multi-Million Dollar Business
Rich Dads Increase Your Financial IQ
Get Smarter With Your Money
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This publication is designed to provide general information regarding the subject matter covered. However, laws and practices often vary from state to state and are subject to change. Because each factual situation is different, specific advice should be tailored to the particular circumstances. For this reason, the reader is advised to consult with his or her own advisor regarding that individuals specific situation.
The author has taken reasonable precautions in the preparation of this book and believes the facts presented in the book are accurate as of the date it was written. However, neither the author nor the publisher assume any responsibility for any errors or omissions. The author and publisher specifically disclaim any liability resulting from the use or application of the information contained in this book, and the information is not intended to serve as legal advice related to individual situations.
For my father
Jerry Maloney
19231986
who instilled in me, the entrepreneurial spirit.
To
Robert & Kim Kiyosaki
Thank you for challenging everyone to be more tomorrow than they are today.
Id like to express my gratitude to my mother, Mae Maloney, for her encouragement, and my sister Pamela Maloney for introducing me to Robert Kiyosaki. Id like to thank Cameron Hamza, who started me on the road to precious metals; my business partners Brent Harmes and Richard Beers for their support of this project; my editors Jake Johnson and Leila Porteous for making this book readable; Blair Singer for showing me how to build a team that wins; James Turk of GoldMoney for his insights; my friend David Morgan of Silver-Investor.com for his support and help; Kelly Ritchie, Ken McElroy, and Garrett Sutton for inspiring me; and Mona Gambetta and the Rich Dad team for making it possible. To all of you, a big huge thank you.
by Robert Kiyosaki
Ive known Mike Maloney for some time now. One thing I always hear people say about Mike is, That guy is really smart. The reason they say this is because Mike knows a lot of factsand I mean a lot of facts!
Plenty of people know facts. What sets Mike apart from the pack is his un-canny ability to connect the dots. Mike isnt just a smart person. He is a visionary who can take a large amount of information and find usable and important patterns.
The book you have in your hands covers a lot of history. Specifically it covers the history of money, or as Mike would remind us, the history of money and currency, which are two entirely different things. In its pages you will discover how the interaction between money and currency has steered empires throughout time. And yes, it even steers the great American empire today. You will also see how that steering affects you and your financial well-being, and you will learn how to use it to your advantage.
But Mike isnt just a historian. Hes an expert. Specifically, hes an expert on gold and silver. Mikes focus on history has a very important reasoning behind itto make you wealthy.
Mike sees the same thing Ive been seeing for quite some time now: Capitalism in America is sick, on life support, and close to dead. Our problem is a toxic dollar that undermines our economic vitality.
As I write this, the price of gold is flirting with the $1,000 mark. And while Im thrilled to see the gold I purchased for $300 only a few years back now worth over three times the price I bought it for, Im also saddened.
You might be thinking Im crazy to say such a thing. How could realizing such substantial returns on my money possibly disappoint me? But its because I understand that when gold and silver prices rise like they currently are, it means that capitalism is stumbling. And when capitalism stumbles, everyday, hardworking people lose. They lose their life savings. Their house is foreclosed on. They watch their 401(k) loaded with stocks and mutual funds wither away to nothing. Meanwhile, the government bails out big corporations.
Not only that, but rising gold and silver prices also signal a rise in inflation, something Mike covers expertly and in great detail in this book. What that means for you and me is that the price of a gallon of milk keeps going up and up. It means gas prices will continue to rise. It means the basic things we need for existence get more expensive while our purchasing power diminishes. It means we are poorer every day.