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'Rich Dad Poor Dad' Author Says Foolish And Desperate China Is In Trouble: 'This Is Not The Time To Buy Stocks And Bonds'
Wednesday, March 20, 2024 - 9:46pm | 716Renowned financial expert, Robert Kiyosaki, cautions against investing in stocks and bonds amidst China’s economic instability, advocating for gold, silver, and Bitcoin (CRYPTO: BTC) instead. What Happened: On Wednesday, Kiyosaki took to X, formerly Twitter, to express his concerns about...
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Gold Hits All-Time Highs, Silver Rallies To 2024 Peak As Powell Hints At Fed Rate Cuts: 10 Mining Stocks Moving Wednesday
Wednesday, March 6, 2024 - 1:43pm | 848Precious metals surged once again in response to Fed Chair Jerome Powell‘s recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target. Gold prices, as...
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Fed's Monetary Policy Shift Could Boost Bitcoin, Gold, Silver: Galaxy Digital CEO
Thursday, November 30, 2023 - 5:55am | 527Galaxy Digital CEO Mike Novogratz predicts a surge in assets such as Bitcoin (CRYPTO: BTC), gold, and silver as the Federal Reserve reorients its monetary policy. What Happened: Novogratz stated that a transition from a hawkish to a dovish stance by the central bank would unleash “animal...
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'Rich Dad Poor Dad' Author Robert Kiyosaki Reveals His 'Average' Investment Approach: Not Exactly Warren Buffett's 'Bottom-Picking'
Monday, October 23, 2023 - 4:57am | 576Robert Kiyosaki, popular for his best-selling book “Rich Dad, Poor Dad,” on Sunday commented on the pullback in the precious metals gold and silver. What Happened: Gold and silver pulled back by $10 and $0.14 per troy ounce, respectively, Kiyosaki said in a post on X, formerly Twitter....
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'Don't Be A Loser:' Robert Kiyosaki Says Invest In Bitcoin And 2 Other Commodities To Hedge Hyperinflation
Monday, October 2, 2023 - 7:30am | 592Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” on Sunday urged individuals to invest in Bitcoin (CRYPTO: BTC) and traditional assets as a safeguard against potential economic challenges. What Happened: Kiyosaki in a tweet on X said, “Many people think...
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'Rich Dad Poor Dad' Author Says This Is The Biggest Investment Bargain Right Now: '2nd Most Used Commodity After Oil'
Friday, August 25, 2023 - 3:25am | 596Entrepreneur, businessman, and author Robert Kiyosaki, widely known for his “Rich Dad, Poor Dad” book, has ignited discussions in the investment realm with a bold declaration on precious metals. What Happened: In a recent X post, Kiyosaki said, “BIB: Biggest...
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'Rich Dad, Poor Dad' Author Says Even If Gold Drops To $1,000/Ounce, He'll Still Be A Buyer: 'Cash Is Trash'
Monday, April 24, 2023 - 1:13am | 512‘Rich Dad, Poor Dad' author Robert Kiyosaki believes even if gold plunges to $1,000 per ounce, he would still be a buyer as the yellow metal, silver and Bitcoin (CRYPTO: BTC) are real money while cash is trash. What Happened: Kiyosaki's comments follow expert Steven Van Metre's remarks in his...
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Is Gold Gearing Up for a Breakout? Technical and Geopolitical Factors Align
Friday, April 21, 2023 - 7:49am | 700As gold hovers around the psychologically significant $2,000 price level, an exciting technical indicator seems to be emerging, signaling a potential upside for the precious metal. A bullish pattern known as the "cup and handle'' may be forming on gold's price chart, potentially...
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The Ultimate Gold Dilemma: Will $2,000 Be the Launchpad or the Cliff?
Wednesday, April 12, 2023 - 7:52am | 794The $2,000 price level has long been a monumental resistance level for gold, with the precious metal struggling to breach it for more than a few days. With gold recently crossing this critical threshold once again, market watchers and experts in technical analysis are divided on whether it will...
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Is the Gold Standard Coming Back in Texas? Legislators Propose Gold-Backed Digital Currency
Friday, April 7, 2023 - 8:03am | 1003The gold standard as it existed under the Bretton Woods system until 1971 is likely never coming back. There are a myriad of reasons for this but the most important lie with the US government’s ability to control the economy. Under the gold standard, the government no longer has the tools it...
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Last Year 'Rich Dad, Poor Dad' Author Pitched For Silver Over Gold For This Reason
Friday, April 7, 2023 - 3:42am | 466Robert Kiyosaki, the author of ‘Rich Dad, Poor Dad’ said last August that he preferred to buy silver over gold. “For 20th Century the gold:silver ratio was 47:1…47 oz of silver=1 oz gold. Today 85:1. Why I suggest 'buy silver.' For $25 bucks everyone can...
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Platinum vs Gold: Which Precious Metal Is the Best Investment For Preserving Wealth Right Now?
Thursday, April 6, 2023 - 8:43am | 996In today's turbulent economic landscape, investors are growing increasingly concerned about the future. There are a myriad of worrying factors holding the economy down including the recent bank issues, high interest rates, persistent inflation, and a weakening US dollar. As a result, many...
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What the Slowing Job Market Means for Gold and Silver
Wednesday, April 5, 2023 - 8:18am | 693The U.S. job market is showing signs of slowing down as indicated by the Treasury Department’s Tuesday morning's Job Openings and Labor Turnover Survey (JOLT) report. According to the report, job openings in February dropped by 630,000 to 9.9 million from 10.56 million in January. This...
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Bitcoin vs. Gold: Here's What the Founder of the World's Largest Hedge Fund Would Choose
Tuesday, April 4, 2023 - 8:24am | 705The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements as both are used to circumvent banks and other centralized financial institutions. The question is, which one is a better...
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Silver Prices Collapse As Hunt Brothers Currency Fails On This Day In Market History
Monday, March 27, 2023 - 11:02am | 400Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 27, 1980, the price of silver collapsed by 33% in a single day after the Hunt brothers’ plan to corner the global silver market failed. Where The Market Was The Dow finished the...