GuruWatch

Robert Kiyosaki, author of Rich Dad, Poor Dad, wrote a new column for Yahoo! Finance about the growing possibility of deflation. For the next couple of years, Kiyosaki recommends keeping debt ratios in check, keeping cash on hand, and owning some gold and silver.

I think it’s always a good idea to keep some of your wealth in liquid assets so if you are not semi-liquid you might want to reconsider.

The sign that deflation may become a concern? Debt. Lots and lots of national debt. Why did we borrow trillions, yes TRILLIONS, of dollars? War, tax cut refund checks, and more war. Economists say inflation is under control, but that according to Kiyosaki this should raise concerns about deflation.

I guess it’s time to duck and cover. Want to know more? Read the full article.