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Robert Kiyosaki again calls for buying gold, silver

01.02.2023

Robert Kiyosaki, Rich Dad, Poor Dad author, has once again presented the case for buying gold and silver. Kiyosaki, who is known to be bullish on the commodities, has asked retail investors to buy at least a silver coin.

A: Because the US poor and middle class are getting poorer in bad debt. He said only $30 and start to get richer.

Since the beginning of the year, the price ofBTC has gone up close to 39%. Spot Gold has gained more than 5% during the period. The SPDR Gold Trust GLD has risen 4.88%, while the Abrdn Physical Silver Shares ETF SIVR has lost 0.96%.

Kiyosaki also wrote about the effects of a recession and said that gold and silver are priceless in these times. Q: A: A global recession. We are in a GLOBAL RECESSION, despite the fact that we are in GLOBAL RECESSION. There was a rough landing for the world. He tweeted Gold, Silver, BC PRICELESS.

As the Federal Reserve is expected to slow down its rate hike soon, experts have increased their price predictions for gold.

Suki Cooper, an analyst at Standard Chartered, told Reuters she expects the dollar to weaken and bond yields to decline, but gold appears to have priced in much of the risk early. She said that gold prices could still hit $2,050 before cooling into the second half of the year.