Post #391 Bad Money Drives Out Good Money – Robert Kiyosaki
In this episode you’ll learn:
1. Bad Money (Fake gold) vs. Good Money (Real gold)
2. Why silver is becoming more scarce and what that means for its price
3. What the future holds for real gold and silver
Kevin DeMeritt, Founder and Operator of Lear Capital, says, “Silver’s forecast is much better than gold, because USA is looking at implementing a $2 Trillion green energy program.”
In economics, Gresham’s law is a monetary principle stating that “bad money drives out good”. For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation.