What’s Driving The Price of Gold During the Pandemic – Robert Kiyosaki Quarantine Updates (Video)

What’s Driving The Price of Gold During the Pandemic – Robert Kiyosaki Quarantine Updates Video

The coronavirus pandemic is driving a major crisis in the commercial real estate industry. Two sources are CLO, a type of collateralized debt obligation, which is often corporate loans with low credit ratings or loans taken out by private equity firms to conduct leveraged buyouts. And CMBS, Collateralized Loan Obligations, which are backed by commercial mortgages rather than residential real estate.

In Robert Kiyosaki’s latest quarantine update, he explains this tweet:

“Q: Why are both the stock market and gold high? A: Because the US dollar is dying. Problem in CMBS Commercial Backed Mortgage Securities means office buildings, shopping malls & hotels are broke. CLO Collateralized Loan Obligation problems means CEOs are broke. Got G-S-BC?”
Watch what Robert has to say about the stock market and gold to be high during an economic crisis and what you can do to prepare during the turbulent economic times.

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Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.