Oil Prices – What No One Else is Telling You – Robert Kiyosaki

Robert Kiyosaki will be speaking LIVE in:
South Africa: http://www.nacsouthafrica.com/tv
Catch PART 1 HERE:https://www.facebook.com/srseminars/videos/1118521498191246/
Subscribe to access more great videos, or check out: www.SRPL.net
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If you look at the history of oil, in 1930, for every dollar you spent, you got back. The return on investment was quite high then. But as time went around, the returns started decreasing.
In 2014 it goes off the cliff. There is no more cheap oil. While the oil itself remains plenty, the cost of getting that oil and other fuel sources has gone up. So when the cost of oil goes up, the prices of food go up as well.
In America today, the cost of oil is .65 per gallon. In 2004, the cost of oil was .80 per gallon almost double in rate. Yet we claim there is no inflation. According to its definition, inflation does not include the price of oil and food. If we talk in dollars and you ask people in America –
“What happens if suddenly you go to the gas pump and oil is now fifty dollars a gallon?” They would say “Never happened. There is plenty of oil” – But they don’t know the cost of getting that oil has gone up. – Robert Kiyosaki

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Robert Kiyosaki will be speaking LIVE in:
South Africa: http://www.nacsouthafrica.com/tv
Catch PART 1 HERE:https://www.facebook.com/srseminars/videos/1118521498191246/
Subscribe to access more great videos, or check out: www.SRPL.net
Video Rating: / 5

Sep.14 — In today’s “Futures in Focus,” Bob Iaccino, co-founder at Path Trading Partners, and Bloomberg’s Vonnie Quinn examine the factors boosting oil prices and look at the cable trade following the Bank of England’s interest rate decision. They speak on “Bloomberg Markets.”
Video Rating: / 5

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