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 /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 /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

18 thoughts on “Oil Prices – What No One Else is Telling You – Robert Kiyosaki”

  1. Don't listen to this useless guy, he's just a motivational writer that makes useless shit up to make other gullible useless fucks feel better and hopeful about themselves.

    Reply
  2. According to this video clip
    .Due to depreciation in us dollar value ,the cost of getting returns same as olden days is not possible.but due to fracking technology its very lowcosty to explore oil.And finally a sudden downfall in global growth effecting it's demand that's why everyone wants to stabilize and improve their market share. Competition will give a good a discount price .

    Reply
  3. some of what he says about the historical price of oil is true (the returns were better when oil was cheap, and oil is more expensive to get). We're not looking at a future of expensive oil. Solar power is going to replace enough fossil fuels to keep oil cheap until it's irrelevant. Why? something calls Swanson's Law, along with as yet unnamed corollary for battery technology. The advent of self driving cars and drone delivery will melt down the cost of fossil fuels. Fertilizer is made from methane (http://www.forbes.com/sites/timworstall/2012/04/07/were-not-going-to-run-out-of-oil-based-fertilizer/#657572bf2040). There are plenty of other sources of methane than oil. Robert Kiyosaki is becoming more and more wrong over time. He's a motivational speaker, don't take anything any motivational speaker says seriously, he's there to get you emotionally engaged and excited. If you need that to get your motor running, great, do it…but don't make investments or big purchases based on his speeches without doing a mountain of research yourself first.

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  4. Today there is so much oil that they cannot get rid of it and trillions of gallons are sitting in tankers all-around the world looking for buyers and its not going to improve as the electrical car revolution is just about to explode like the introduction of the IPhone witness the Chevy Bolt and if you live in the city and don't own one of these sorts of electrical cars you are a mug .

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  5. It seems that a very large male bovine ate something bad and had an "incident." Yes, this video is genuine BS straight from the bull's bung hole. The price of oil has been in a bear market since 2015. Where has this guy been? Production from Saudi Arabian oil fields have not changed in decades. Where is the increase cost?

    Watch where you step.

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  6. I am sorry, but in the first few minutes I found the gasoline prices to be misleading! I just looked at the gasoline prices chart from 2007 to 2017 (http://www.gasbuddy.com/Charts) and you can clearly see that the price in 2007 was hovering around 2.8 usd/gallon and in 2017 this is around 2.3 usd/gallon. Now it is possible that the site gasbuddy.com is showing inaccurate results.

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  7. lol lets forget about shale oil and EV cars. note that 70% of the oil goes to transportation and shale oil can be found virtually anywhere and its mining cost is going down.

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  8. Pretty misleading. This guy really cracks me up.  He should have stopped at his first book.  Price of oil is driven by demand.  Plain an simple. It has nothing to do with the cost of getting that oil.  Just because the cost of getting the oil goes up, it doesn't translate to what we pay for oil  The President has nothing to do with it as well.  If more people want to pay for higher prices for oil, then the price goes up. We live in a capitalist society.  The price of oil hasn't gone in relation to the cost because the demand for oil has fallen.  There is a lot of countries including the US producing oil now days.  China who had been taking most of the demand has decreased its demand.  We have an oil glut.  The problem will just get worse for producers.  As the demand decreases due to increased efficient cars on the road, younger people living closer to work, and homes becoming more efficient, China going to more renewables because of pollution, the demand will just continue to fall.

    Unless we all start to drive more V8s and drive trucks more, the demand is going down.   Price can go back up if enough producers get out of the business but Russia and Saudi Arabia will continue pump cheap oil because that is all they got.

    Reply

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