Robert Kiyosaki : there are four basic asset classes

Robert Kiyosaki : The four things that make people poor every single month are number one taxes , number two is debt , car payment mortgage payment number three is inflation the price of gas is going up food is going up and number four is Retirement plan , so those are the four things that made the average middle class person poor they are the very same things that make guys like me rich if you have financial education I can make millions of dollars and pay zero dollar in taxes by using debt to get rich not poor , I use debt to get rich I use inflation to get rich I invest in gold oil and copper and I do not have a retirement plan ....
there are four basic asset classes , number one is a business the richest people in the world own business like Bill Gates the second is real estate third is stock bonds and paper assets and the fourth are commodities so i own all four but I am a student of all four , if you do not have any education you will lose money at any one of them ...trying to get rich is like flying an airplane so you do not just plan to take off because you will crash ...how I do it is : if it does not cash flow I do not buy it ...I only buy real estate where there is jobs

Rich Woman - The Art of a Deal

Kim Kiyosaki introduces an up coming event she will be attending and participating in titled The Art of a Deal. This event features Wayne Palmer as he describes and teaches some of his creative financing techniques. This event is not to be missed!

Silver refining

A micro-scale experiment explaining some principles related to the refining process of silver.

Some Questions and answers:

-Why use such a small container? =Because the larger the container the more solution of silver nitrate is required, which means that more of your silver is trapped in there.

-What are those small spots on your skin? =As you can imagine, it is due to silver nitrate splashes that landed on it. It is not so tragic, I tell everyone that I refilled a printer ink cartridge.

-Dude, how can you know that the silver content is 70% ? =Well, I know what went into that jar, that's why.

-Could you build a much better power supply? Theoretically I could, out of two transformers. But I have not found the right types yet. Actually anything that can supply (DC current) a voltage between 1,5 and 3,5 V and lots of Amps (goes anywhere from 10A to 800A) is suited for the job. Plating rectifiers do the job, but they cost a lot.

-Didn't your @1,5V time lapse take too long for producing almost nothing? =The batteries were already a bit consumed, I didn't measure it but I guess the current was much smaller than 0,28A. Theoretically each battery can supply at least 2000mAh which means that each battery can plate out 8,048g of pure silver.

-70% of 25g makes 17,5g, you only got 16,9g of fine silver, where is the rest of it? =The rest of the silver is in the first solution where I left the copper tube in, a small part is in the electrolyte solution because it had a bit of free nitric acid.

-Where do I get nitric acid from? =Good question, depends where on this planet you live at. In some countries you cannot buy nitric acid but you might get it through friends who work at a synthesis plant. In others, like Germany, you go to the pharmacy and buy some. Either way, you still have the option to make your own, I recommend watching Nurdrage's videos on how to make some.

-Why not edit the song so it won't need repeating itself? =Since I do not own the song I guess it is fair to at least not modify it, with respect to the artist.

Disclaimer: I AM NOT RESPONSIBLE FOR, AND EXPRESSLY DISCLAIM ALL LIABILITY FOR,DAMAGES OF ANY KIND, INJURY OR DEATH, ARISING OUT OF USE, REFERENCE TO, OR RELIANCE ON ANY INFORMATION CONTAINED WITHIN THIS VIDEO..


Song: Delerium - Prophecy (Album Syrophenikan 1990)