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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Ergo – ERG token to moon!!! 100 X your money…
Price of gold just took a nosedive because Dems and WH are in gridlock over stimulus negotiations.
Price of gold just took a nosedive.
Why do you dislike stocks? Most billionaires have stocks so why do you not advise it? Is the dollar and inflation that bad? I guess Gold and Bitcoin is the new currency? Sorry for all the questions LOL
This is really showing that Gold and bitcoin is very important.
Although bitcoin is the most accepted asset in this present generation..
love your glasses Robert!
before I even watch this video.. I want to say.. gold is high because value of money is down…Here in India today it is 56000 Rs /10gms….