Gold and Bitcoin reached record highs on Monday, with gold exceeding $4,000 per ounce and Bitcoin surpassing $126,000. Robert Kiyosaki, author of 'Rich Dad Poor Dad,' reiterated his criticism of the U.S. dollar, urging investors to consider tangible assets like gold, silver, Bitcoin, and Ethereum. Kiyosaki warned that traditional savings are at risk due to the dollar's depreciation.
The Kobeissi Letter highlighted a growing loss of confidence in fiat currencies amid persistent inflation, as most asset classes reach record levels. Market analysts noted increased volatility in the U.S. dollar, with Goldman Sachs data showing it has been more volatile than the S&P 500 for the third time in seven years.
Kiyosaki Warns of U.S. Dollar Decline as Gold and Bitcoin Hit Records
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.