Stock Strategies to Buy Gold

There’s one asset that’s stood the test of time – gold. It’s been the go-to shield against financial storms throughout history, whether we’re talking about inflation, economic rollercoasters, failed currencies, or even the chaos of war.

But here’s the exciting part – you don’t limit yourself to just owning some physical gold, like coins or bullion. There’s a whole world of possibilities out there.

Host Greg Arthur and Rich Dad Wealth Expert Andy Tanner dissect the different secrets to owning gold beyond just physical coins, and how anyone can use these strategies to get rich.

FREE Webinar “Escape the Rat Race with Billionaire Stock Strategies” – https://bit.ly/3Rsp9Vt

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All right welcome to the Rich Dad stock cast with Andy Tanner today we’re going to talk about something that uh I just learned and that is that you can use the stock market to invest in gold and what makes it really exciting is Andy was just talking about what’s going to

Happen possibly in 2024 with gold where it is and there’s you’re not gonna believe this but there’s so many different ways to invest in gold that I never even heard of um so Andy let’s just kick straight into this and and why don’t you explain well let’s do two

Things what’s going to happen with gold in 2024 or maybe we’ll start with where it is now and then how we can use that data in the stock market to invest in gold yeah and uh if it’s okay can I plug something is that cool if I just start

Out with a plug please do please do so uh there was a time he’s divested now but there was a time where gold was poised really really nice and Warren Buffett uh went out and made big big news because he usually hasn’t been a gold guy and it was one of the best

Educations ever got from a billionaire that he actually didn’t go buy gold but he bought a pretty significant amount for what you and I would say millions of shares of a company a mining company called Barrett gold and the billionaire stocks strategy he used for that he took what he’s done

With railroads he’s took what he’s done to acquire and and he has strategies to do this you can apply it to Gold so I think it’s the perfect time to you know I always think about what can I offer people educationally Beyond just a podcast and I have this thing called

Billionaire stock secrets and everything we talk about today in terms of uh well I’ll identify which can which can’t but much of what we talk about today you could use the same billionaire stock strategies he used to acquire a railroad to acquire a gold mine and uh so I’ll

I’ll send you that link and we’ll do a little plug for billionaire stock strategies because what you’re gonna find is uh what we’re going to talk about today can we can you can if you want to learn how to do it specifically go to that and and I’ll I’ll hook you

Guys up with billionaire stock secrets so and that link will be in the description and I’m not sure if you mentioned this or not but um Andy’s giving that away free it’s a gift for for people just for tuning into the show and and and really listening to the

Wisdom that Andy Andy’s going to give us yeah 100% no downside clicking on that for sure so click on that and and you’ll learn and I I’ll give you a warning though it’ll be a gateway drug to cash flow uh it’s it’s absolutely gateway drug to cash flow education and it will

Get someone if you thought you loved Financial education you’re going to really start to love Financial education when you learn how the billionaires do it it’s it’s pretty hot stuff so fun stuff so there you go so let’s let’s launch off that and and use your Warren

Buffett story but then you mixed in using it to cash flow so how can you cash flow thousand different ways thousand different ways so it seems that you know my my I named my company the cash Academy for reason because I live in a capital gain world of stocks where

Everyone’s want to buy low sell High byow that’s all they understand and they they forget that what stock ownership is is business ownership that’s what it is and so if I buy a piece of real estate I have a business it’s got a LLC I’m in

The business of writing a service and I collect rent you know which is how I sell what I’m selling and it’s not a flip the house Buy Low sell High thing it’s a collect Revenue by giving value so you know that’s the same thing here

And did I show you my cash flow Jack in the Box did I show it to you look at this do you want to see what I got for Christmas watch hang on I’ll show you I got this for Christmas it is literally a cash flow Jack in the

Box so so for people listening it it’s those old toys yeah where you crank the Box cash coming out of the cash flow Jack in the Box can you believe that that’s pretty funny $100 bill so we we seem like we can’t go through anything without understanding a cash flow jacket

Box or a Golden Goose that lays a golden EG and so let me ask you this if you thought the price of gold was going up would you want a golden egg because the price is going up I got this egg it’s getting more valuable or would you

Want the Golden Goose it’s an easy question rhetorical question you want the Golden Goose right I mean think about this would you rather have an would you rather have two ounces of gold which is a share of the gold in the world or would you rather have real estate which is a gold

Mine like that’s a real estate play I mean for example if if you look at oil that’s a real estate play it’s a piece of ground that produces oil you can 1031 you want to sell a house and you can’t find another house to replace it you can ask your accountant you can

Likely 1031 that house into a oil well and and avoid the taxes so this is a real estate play and how do you get into real estate well you have to have a piece of paper a paper asset that says you own the real estate or the rights to the minerals or

The rights to the gold right or the or the lease on the mineral rights so there’s a company for example called Newmont Mining and there’s a company that called baric gold and these guys own real estate like McDonald’s owns real estate they own real estate all over the world like huge established

Gold mines all over the world and they’re mining companies so how do you get a share of that how do you how how’s this the average person get a share of that so before we talk about cash flow of gold let’s talk about what the heck’s Gold’s

For there are three things people might try to do with gold I think one of them is really really smart the other is really really smart and the third one is not very smart at all and it’s actually the third one that most people try to do

That’s not very smart at all so you know we always talk about the context before we talk about cash flow let me set the context if you look at a financial statement okay you can you can tweak your financial statement with golden three ways and there’s always at least

Three ways to tweak a financial statement number one I could go for cash flow what that means is I’m going to buy stuff that sells stuff I’m going to buy stuff that sells stuff in other words words I’m going to buy a real estate project that sells rent right that’s

What people spend their money on is rent so I’m Pro producing value to somebody and they’re giving me money for the value that I produce that’s called selling things that’s called being in business all right so I can buy an asset that produces cash okay number two the

Stupid way to do it I buy a Golden Goose thinking that the Golden Goose will be higher in price next week said nobody ever I think I’ll buy that goose that gay Lo a because I’ll bet that price will go up 10% next week nobody buys a

Golden Goose to sell the Golden Goose next week you own that thing and you feed it as long as it’s cranking out eggs forever so cash flow is the cash flow in my opinion is the smartest thing you can do on a financial statement so the reason weren Buffett doesn’t buy gold is

He sees the Power of selling things to other people producing value with he’d rather have a a company called Dairy Queen that sells blizzards you know those little ice cream things they serve them upside down to you he’d rather have a company called duracel that sells batteries or Geico that sells because

There’s constant cash flow coming in if I buy uh a brick of gold there is zero cash flow coming in zero none and so what people have to hope for is that the price of the gold goes up now you’re just an idiot stock guy you’re an idiot

Stock guy because that’s what dumb stock guys do they don’t think it’s a business they think it’s Buy Low sell high so the first thing you could do is you could buy gold for cash flow if you learn if you learn how to buy the mine if you

Make it into a real estate play right if you buy the real estate and there’s a ton of gold in there great or you could buy it low and and okay so when do you sell it I mean let’s say gold doubles in price you gon to sell it now well no

Maybe a quadruple okay you’re gonna sell it now and the problem with capital gains gold is you’re eventually going to have to get rid of the asset to enjoy the gain and is that what you really want to do or do you want to accumulate assets and you have to have a market

Timing you have to be this crazy for tell her technical analyst to know when to sell okay so that’s a stupid way to do it now the other smart way I said there was two dumb or one one dumb and two smart right smart cash flow dumb capital

Gain okay hedge now that that I can get behind it’s not as cool as cash flow but I have physical gold not an ETF not a stock physical freaking gold that I can go hold in my hand and it’s heavy and it’s fun you know they got bar you know

10 a 10 if you’ve never put a 10o a bar of gold in your hand man it’s heavy it’s so tiny but it’s heavy so you can store that in your safe and have your M16s on or you can go have it stored at Brinks which cost you money or somewhere right

Does that make it a liability I don’t think it makes liability I think it makes it a cost of insurance and when you have insurance that’s a cost and you pay for it what’s cool about gold though is most insurance policies have an expiration date and you

Have to keep buying the insurance you buy that gold once you’ve bought your insurance so when I buy gold physical gold my hope is is that I’ve lost that money forever I hope it’s gone because the only time I would want to trade that gold in is if I don’t have a medium

Exchange in a US dollar anymore that that the US dollar has died that they’re blowing in the street like a Zimbabwe dollar and you’re doing what the Zimbabwe people that’re mining gold in the Hills trying to eat and so the only good news for gold with a hedge is

Catastrophe it’s kind of like if your house burns down well the good news is you had Insurance well if the dollar burns down the good news is I had gold so if I ever sell my gold or exchange my gold that means that we’ve gone from social to primal that there’s been a

Collapse of the dollar that’s colossal and uh and you know some people you know I’m not a cons I don’t believe in Bigfoot and Flat Earth and all that conspiracy crap I think I think there are evil men in the world that conspire I don’t think there’s no conspiracies in

The world there’s conspiracy all the time but I don’t I’m not a tinfoil hat guy just not but I do see the Federal Reserve and I see the the fiscal irresponsibility and I see the dollar weakening so if the dollar is going to weaken I don’t want my money in dollars

I want my money in Gold so three things cash flow capital gain and hedge if I look at my financial statement I could use gold for all three of those the toughest one is capital gain because you’re trying to be a market timer and you’re gonna have to get rid of your

Asset to enjoy the movement of the price even if you get it right so if the listeners could just separate that their mind and actually draw a financial statement we can do this in our classes all the time at the cash Academy we we teach you how to take that financial

Statement and put an asset in it and and see how that does one of those three things so you know that’s the context I think of of what am I trying to achieve when I’m buying this gold what am I trying to do am I this dude that’s just

Like an amateur investor like I just want to get rich what what you think Gold’s going up I guess else I’ll buy gold you think gold give me a hot tip should I buy gold that’s the capital gain dude hoping to buy gold to make themselves rich but I think one of the

Smartest things you can do is cash flow so how do you do that own the mine I mean it’s brilliant imagine Greg that you owned a Mine by yourself like you bought a property you own the mine and gold triples in value you’re not buying gold you’re selling it dude and

You’re selling it and selling it and selling it and selling it and no matter where the price of gold goes what are you doing there’s always going to be people who want to buy it to make a gold watch or to make a computer component you’re a seller of gold constantly that

Means that every if you have people coming to your business every month wanting to buy gold for whatever reason you’re collecting the cash and the higher the price of gold goes the more money you make and generally there’s going to be a disparity between the like

In oil they call it lifting costs you know you’re going to pay a guy to go in the ground to dig it out you’re going to pay another guy to refine it you’re going to pay another guy to make it shiny and you know hand it out to people

Those costs will be in you know if we have inflation those costs will go up but I don’t I think there’s a disparity when price of gold shoots profit margins do get bigger in my opinion so does that make sense that that that if you want to

Own a gold mine well you probably are not in a position to go out and buy the whole mine I’m not I don’t think I could go out and buy a whole gold mine right now but I’ll tell you what share and share alike you could buy a share of a

Gold mine and that’s exactly what Newmont mining is and what companies like Barrett gold are and they pay a dividends so every I’ve owned I’ve owned Barrett gold for I don’t know how long and the dividend is not massive it’s not one of my best dividends but how many

People can say I’ve gotten paid I’ve gotten paid to own gold where other people haven’t so maybe it’s not the the most cash flow in the world but how many many people can say that part of my income last year was because I owned a

Gold mine that sold gold and I got a piece of the profits of it who can say that who can say that I got so I have gold in in two or three forms there’s a lot of ways I’ll try to help myself with gold I have my physical gold which is a

Hedge and I’m not trying to make money on it I’m trying to protect wealth by having it and create a balance if the dollar goes down the gold goes up and it usually goes like this right so I have this thing in my balance sheet that keeps it stable generally right they’re

Usually inversely proportional inverse correlation okay I’ve talked too much questions comments yeah we started with uh well we started actually with your free course uh billionaire cash billionaire stock market and and you brought up that Warren Buffett buys gold in this certain way and so when we get back we’re going to

Go on break real quick when we get back I want to get really dive into how Warren Buffett does it and then how you cash flow it well we’re gonna get paid then we’re not only going to get the dividend we’re gonna get paid to buy the

Gold when it goes cheap we’re gonna get paid to buy gold we’re gonna get paid to buy when we get back let’s let’s discover that let’s open that up we’re g paid to buy I got paid to buy it I got paid to buy it okay all right we’ll be

Right back then all right welcome back to Rich Dad stock cast with Andy Tanner and right now we’re exploring ways to use the stock market to invest in gold and even gold mines and and Andy I’ll start with um I once tried to um invest

In a gold mine you know Robert kisaki he he does a lot of that and so I tried to get in on a deal with him but I was shut down because I didn’t meet the qualifications at this time of an accredited investor and so if I wanted to

Participate in gold mine I couldn’t do it the way these these rich people do it I had to do it through the stock market where I could control my own uh activity my own participation you know I love the Cash Flow game because you have the rat race

And the FasTrack and I think if you were to to take that to real life people on The Fast Track you might say in a way they’re in credit investors I had a guy call me you know yesterday for example introduced himself first question he asked me say Andy you’re still in a

Credit investor yes I’m like yes okay I have an oil well project I want to send you a you know PPM on it and you know blah blah blah and he can’t send those out to people who are not accredited right so there’s like Robert kosaki is

Going to have stuff come across his desk that even though I’m in aedit investor I mean there’s there’s also different levels of credit investors right I mean there’s there’s stuff so he would get stuff coming AC his desk that I would never see right I get stuff coming

Across my desk a lot of other people don’t see so let’s say a person is just read Rich Dad Poor Dad they’re not accredited the reason they read it is not because they’re rich is because they’re poor or want to be richer right I still want to get in I

Still want to get involved to the levels I can get involved in right it’s all about the cash flow Jack in the buck it’s about the machine that makes money that’s why it’s almost unavoidable on every episode we do we’re going to talk about the Golden Goose of the egg and

And and and people that buy gold are buying the egg and people that buy the mine are buying the goose and if the stock or if the if the gold price goes to the roof I want to own the goose every time because I want to sell and

Sell I want an unlimited supply of gold so I can spend $2,000 and get an ounce of gold or I can spend $2,000 and get a mine that that I own part of every ounce the lever come out of that thing forever now back to your question this is

Beautiful how do I how do I dink around with the market and we really don’t have time for the whole discussion we could do four pod on this for example number one I sell something called a put option if you don’t know what that means that’s why I do the billionaire stock Secrets

Webinar for you to show you how to get paid to buy stuff in other words I can look I can look I do this in two ways uh I bought Barrett gold this way is I promised to buy it if it got cheap right so I don’t pay the price today I

Say I want a 10% discount let’s say and I know the stock fluctuates and so every month I’m going to say I have this amount of money I’m going to buy this mine I commit to it and they’ll pay me for my commitment which is exactly what

You freaking do in a 40K anyway a 40K is a commitment to buy equities every time you get a paycheck in advance you’re promising to buy equities the events but you pay fees in a 40K get out of that freaking 40K you can get paid for the same commitment by simply selling an

Option to someone you say hey if you want to protect your investment it goes down you’re nervous I actually like that price that’s low you’re scared of it dropping you you think a stock price going down is a bad thing for you and you want a Line in the Sand where you’re

Guaranteed you can sell to protect yourself from a price dropping to me that’s just a sale I can’t wait for it to buy so you think it’s bad I think it’s good we can agree great pay me your money and I’ll promise you to buy it

When it gets cheap every time give me some money so I get paid a premium for promis ing to buy it cheaper than is today and if the price goes up I keep that money the price goes sideways I keep that money price goes down I keep

That money who can say that Greg who can say in the last year that I got paid whether it went up down or sideways when it finally went down I bought it on sale and once I got it I get paid a dividend every time they sell a freaking ounce of

Gold out of that thing every quarter who can say that you know the guy with aan the guy the guy with a brick of gold in his safe that’s a he Edge so you’ve got to understand Financial education about what does it do my balance sheet now

Here’s another thing I’ll do I don’t like the ETF for the Hedge I like the physical for the Hedge how do I get the money to buy the physical I promise to buy the ETF when it drops almost always not every month not every month but I will sell put

Options on the gold ETF to promise to buy it when it goes down and I take that cash guess what I do buy the physical so I use the cash by promising to buy that goes down I get paid I use that cash to buy the physical then I

Make a promise to sell my ETF when it goes high and when I do I take that cash and I take the difference and I buy the physical so I have the ETF Market helped assist me in funding the ownership of the physical because I want the physical

There so we can talk about mining you can talk about the junior miners play you can talk about ETF stuff and if you’re if you have an education you can turn a lot of it into cash flow or into a hedge I think if you want to go the

Cap I’ll tell you what I would do if I wanted to go Capital game playay I’d go Junior miners I’d go Junior minor so what is what is Junior minor so what a junior minor is is you got big players like Newmont Mining and Barrett gold like big

Free I mean they’re massive I I I don’t even know if riotinto they’re more of an iron and copper seller but Rio Tinto has their share of gold coming out of kencott Robert owns shares in a gold mine that’s about 20 miles south of the largest open pck copper mine in the

World and the amount of gold they pull out of that thing pays for the entire operation all their Copper’s gravy because just the gold they pull out of kenot copper mine just the gold out of the Bingham can the Bingham Canyon mine pays for the whole operation I know that

Because when I was a kid I used to work construction there and I got friends with the guys that you know ran the place and there’s a little town about oh 15 20 miles south that they just hit a bit it’s one of the big gold deposits

It’s private gotta be a credit investor Robert got in on that I believe um showed me pie they sent him a piece of they sent him a piece of ore from the mine that yeah the rich gold in it so so anyway the junior miners are not the big

Operations they’re kind of like uh you know you have the uh the Dow right and then you got the Russell 2000 Russell 2000s are small cap they’re smaller operations well when you and it’s like exploratory oil it’s very risky because you might hit a dry hole but if you get

Exploratory and all of a sudden you drill down a brand new and you found a new oil well that’s the best Roi you’ll ever see so high risk High reward well the junior miners kind of like that it might be not the perfect way to say

They’re just smaller and and they go out and you know pitch your prospector you know going out their junior minor but if they hit it oh baby it’s just bam right uh it’s it’s it’s big rek risk reward so the junior miners you can let’s say you

Can’t get into a private you know Junior minor well the junior miners has an ETF where you can get exposure to that in the paper asset I don’t like it myself I don’t like I know Robert loves the junior Miners and yeah I understand why

But I’m not a capital gain guy I don’t I see the junior miners going through the roof if gold goes through the roof so if you’re a gold guy and you want to play the Capital game Buy Low gold and sell High gold and you know Junior miners

Might be a way to do that so you’ve got ETFs another thing you know there’s so much we could discuss the GLD ETS is often not misunderstood there are so many crappy ETFs and I don’t even know that the gold GLD is is like I would much rather have

Physical gold than the ETF but I use them for different purposes and here’s what I think is interesting uh you know was a santony or whatever his name is from CNBC they blindfolded him and there was this big conspiracy that that you know there’s no gold backing the thing and so they say

Oh look there’s serial numbers are off they have the serial numbers on the bars they it’s in England it’s in London and the goal is in a vault and what I think is interesting is in a way the GLD is a lot like the US dollar used to be because it

Was a piece of paper that was backed by real gold now the problem is you can’t redeem it because there’s certain baskets of gold certain sizes of units of gold that you have to have massive amounts to have it be redeemable so the average guy that buys 100 shares of GLD

You’re right you can’t trade it in for physical gold still backed by it and there’s so many ETFs that are not like the oil ETF that’s backed by Future contracts and you get into jargon like canang going and backwardation and why those suck so bad and people that might

Be above what some people have learned yet that jargon but I I love learning about this stuff by the way I’m not a gold expert Robert’s a bigger gold expert you gota you want to listen to one of the two of us listen to Robert he

Knows more about than I do I’m prob say I’m a student of it but I do understand can I challenge you on that though Roberts he’s a gold expert yes but he uses it just a hedge but when we’re talking about cash flowing gold yeah you

Might have a run for the money there I I I can tell you that the cash flow from the the that gold mine is among the lowest in my port folio but the reason I also have it is if the price of gold goes up that cash flow will explode

Because the the the margins will be so much better so let’s talk about where gold is right now from a technical analysis and a fundamental analysis standpoint I think technically you have this thing we have called a cup and handle let me do this backwards in the

TV I don’t know it’s cup and handle and you’re breaking out gold has really weird psychological levels it hit its head on $1,000 an ounce forever once it broke through that old ceiling became the new floor it’s the new standard right it’s kind of like water remember

The F what was your reaction the first time you saw bottled water some people aren’t old enough to remember this but we never had bottled water are you freaking kidding me you went to the gym you played basketball there’s sweat and snot and blood and fluids and you went

To a drinking fountain that was a freaking a biological you know lab experiment right and you just got a drink out of the fountain and one day we went to 7-Eleven to get a Slurpee or a Big Gulp and they were selling bottled water and what did you say never was stupid yep

Never never GNA happen but one day you went in there and you like I don’t feel like a syrupy Coke or a sugar I just feel like water besides I need a bottle with the lid on it you know what I’ll just buy it and boom now what you

Resisted you now support now you support so you go from resistance to support so gold went from being resisting I’m not paying $ thousand doll for now it’s a gold to oh I’ll support that anyway well the next level’s two grand and we hit our head on two grand many many years

Ago it Dro back down we hit our head on again dropped down a little started resisting less and supporting more and and we blow we’re blowing through that top now so I I see from a technical standpoint I I’m bullish on gold right now fundamentally which is the first pillar of investing

Fundamentally you’ve got a government uh a lot of governments are buying it which would B Drive the price up you know you have rumors of Russia and China buying it but you also have a dollar that is just in trouble because of fiscal and monetary policy fundamentally so to me

That giv gold a tailwind and uh you know owning some gold is I mean what what’s bad about you know owning silver and gold right what’s bad about that so if you understand it’s a hedge or if you want a cash flow so right now I mean as a stock Trader you

Could do you know you could sell something called a bull put spread that would give you money if it if it went uh up or sideways it wouldn’t or even down a little bit there are so many ways you can make money on the movement of gold

The production of gold the sale of gold uh junior miners ETFs all the stuff and it’s all part of financial education the problem is people are lazy and they want advice they don’t want knowledge what should I buy you know it drives me nuts drives Robert nuts I think someone

Writes in a question hey if you only had $10,000 to invest tell me what to buy that’s advice you didn’t learn Jack if I said go buy some new crypto okay you learn anything so understanding you know capital gain is that my goal you know is

Cash flow that’s the goal right is a hedge uh what is the purpose of an ETF don’t blend that together with physical it’s not the same thing right and ALT ETFs aren’t the same and the junior miners aren’t the same and the big boys aren’t the same and using options to get

Paid to buy it is foreign to anybody who who gets paid who generates cash flow from paper to buy physical right and you can do all of these things so I love that you can tell I’m very passionate about the discussion and the message for me is never going to

Change learn more Andy I’m a student I want to know more and I’m grateful to Robert for this because I never you know my my grandfather was a ran a a makeshift smelter and so I was around gold and silver since I was three or four years

Old that’s probably why I’m so goofy we had Mercury and sulfur and you know freaking liquid metal coming out of his shop starting calling the fire department every three years start the thing on fire ocean not approved you know this was back in the day all slag

Glowing metal hitting with a hammer and seen that shiny silver underneath the slag I mean I was a gold it’s in my veins but I I I’d never really learned about it until started to want to become a real student of it until I met Robert

And that’s where I wanted to learn more I’m still learning more I’m Not Gold expert but I do know how billionaire stock strategies can be applied to get paid to like why you wouldn’t why you wouldn’t want to sell a put right now to get paid to buy gold why would you not

Want to get paid to do it if you’re promising to buy stuff anyway every paycheck from a 401k and you’re paying fees for that privilege why would you not want to get paid for those commitments think about that isn’t the promise and commitment to buy something every paycheck worth something to

Somebody think about that for a minute isn’t making a commitment to buy something valuable is there valuable in is there value to someone in your commitment to buy stocks every single month or Bond or mutual funds every single month is there value to somebody in that so why are you getting charged

When you’re producing that value for someone instead of getting paid if there’s value in that promise why aren’t you getting paid for it so that’s why 40ks are garbage because I can make those same commitments and get paid and have cash flow come to the income column

Instead of out the expense fees column and you’re for the assets you’re going to acquire to me it’s a no-brainer that’s what the billionaire stock strategies will really show you and also the Hedge stuff you know we’ll talk about Buffett and cubin in that class and you’ll learn some stuff from but

Buffett and Cuban and right now we’re Gold’s pois if you can get that Financial education and superimpose it on that asset class I think you can at a minimum you’ll learn something right right well shoot you’ll learn how Warren Buffett does it yeah I don’t know more importantly You’re Gonna

Learn how Andy Tanner does it oh quit pluging me dude I get so embarrassed out look everybody just listen to me for a minute I’m a student like you okay I put my pants on one leg at a time I have failures I have frustrations I have

Successes I’m just like you guys I’ve just done a little more longer and I do more rants uh like I just did on the 401K I do I don’t plan those rants they just automatically come we can count on that every time I’m grateful to Rob I’m grateful to Robert and Kim for

Introducing me to at least thinking about gold you know through the lens of a financial statement and and seeing it very clearly of you know am I going to do a cash flow play with gold by owning a mine I want to own the real estate I

Want to own the ground that is producing this gold like a like a Wellspring of oil is I want to own the ground if I’m not a credit investor and I don’t have you know hundred million doar to go out and buy a gold mine or 100 billion then

Maybe I say Well they’re willing to share and maybe baric doesn’t pay the same dividend that I’m used to and even their calls might not be as volatile but I can write covered calls I can sell covered cash secured puts I can collect dividends and if that’s jargon to you

And you don’t know anything I’m what I’m talking about well start learning billionaire secrets start learning them and and at least you’ll have your eyes open to make you know a better decision than being an advice guy just goes blind like buy gold thinking he going to get

Rich because if you buy a bar of gold thinking you get rich my question is at what point will you sell it then I mean it went from a thou I know Robert was buying gold before it hit a thousand I know he bought more gold when it hit a

Thousand so now that it’s at two is he going to sell four eight 50,000 an ounce when’s he going to sell it’s a hedge yep yeah he CL never sell it’s a hedge it’s a hedge again it you buy that because the dollar sucks why would you

Save money don’t save money save Gold Store wealth all right Andy we’re gonna go um but thank you the idea of cash flow and gold is amazing obviously gold has a hedge gold but cash flow gold is amazing gold this this right here is pretty cool

Look no you know what this is no this is pretty cool you probably can’t even see it it’s uh it’s a commemorative uh it’s basketball commemorative it’s this is collectors this isn’t bullion this is collectors but the this is from uh this is like celebrating uh so many years of NCAA

Basketball it’s from the US M oh wow that’s cool so gold yeah a bunch of gold silver gold this is just cool to have no kidding that’s amazing we’re gonna leave but everyone uh check out Andy’s class it’s free uh you’re GNA learn a lot more about hedging cash flowing the two

Things uh Andy says are not stupid ways to do gold so highly recommend yeah logging into that class and and learning a little extra from Andy Greg I love our time together I love our friendship thanks for having me each week and all of you guys guys put stuff in the

Comments if you have a topic I can’t guarantee I’d know anything about it but I might I can share what I think I might know I don’t know I’ll do my best but if you have topics that you’d like us to cover more specifically let us know we’d

Love to hear your comments and you know the trolls and the Bots I laugh at you guys you guys are hilarious you know it’s so funny how people try to ride the the rich dad coattail that way you know it’s so funny it’s like I lost a bunch

Of money in this but I found so saw who helped me I laugh at that stuff man but glad you’re laughing I’m crying a little bit no I don’t cry our listeners are smart enough to they know what a troll is they know what a guy that doesn’t you

Know they know what that those messages are they’re not all right everyone everyone how to troll him hey good good you got a meeting to go to all right we’ll see I do I do all right thanks man’ bye bye this podcast is a presentation of Rich Dad media Network