Kiyosaki Warns US Dollar Decline Boosts Gold Bitcoin Holdings
Kiyosaki Warns US Dollar Decline Boosts Gold Bitcoin Holdings

Kiyosaki Warns US Dollar Decline Boosts Gold Bitcoin Holdings

News summary

Robert Kiyosaki, author of Rich Dad Poor Dad, has declared the traditional 60/40 investment model obsolete, criticizing the U.S. dollar as "fake" and bonds as unreliable IOUs from a bankrupt government. He urges investors to diversify into tangible assets like gold, silver, Bitcoin, Ethereum, and real estate to protect wealth against fiat currency depreciation and financial instability. This perspective aligns with broader market trends showing a decline in the U.S. dollar's dominance, with its share of global reserves hitting a 30-year low amid economic uncertainty and Federal Reserve policy concerns. Both gold and Bitcoin recently reached record highs, underscoring a flight to hard assets and digital currencies as safe havens. Kiyosaki's warnings coincide with institutional shifts towards gold-backed ETFs and crypto investments, reflecting growing skepticism about traditional paper assets. Meanwhile, China's launch of a yuan-linked stablecoin in Kazakhstan signals strategic moves to challenge the dollar's global dominance, further impacting the financial landscape.

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