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“The crash has arrived”: Rich Dad Poor Dad author Robert Kiyosaki doubles down on gold, silver, Bitcoin strategy

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[hfe_template id='11223'] [ad_1] Renowned author and financial educator Robert Kiyosaki, best known for his bestselling book Rich Dad Poor Dad, issued a cautionary message on social media stating that the crash (about which he talked in a previous tweet) has arrived. He urged individuals to take note of the ongoing developments in gold, silver, and Bitcoin. In a recent tweet posted on X (formerly Twitter), Kiyosaki warned that the financial system is undergoing major turbulence and emphasized that precious metals and cryptocurrencies could play a critical role in navigating the crisis. “PLEASE LISTEN to Gold, Silver, & Bitcoin. What are they telling you? Gold is at an all-time high, demand for silver is exploding, and Bitcoin is roaring,” Kiyosaki stated. He went on to stress that he had long warned about an impending crash in the stock and bond markets in his previous publications, such as Rich Dad’s Prophecy, Who Stole My Pension, and Fake. Link: https://x.com/theR...

Silver breaking out above Rs 1 lakh is an opportunity for investors. Here’s why

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[hfe_template id='11223'] [ad_1] Gold has reached an all-time high, with its futures crossing the ₹89,000 level intraday on MCX. Following gold, a significant upmove has also been witnessed in silver’s price, with futures trading above ₹1,00,000. I discussed the strong upside potential for silver at the beginning of March, and since then, the price of future contracts has risen by 6.6%. As mentioned in the previous article, one of the major data points supporting silver’s upside potential is the Silver-to-Gold ratio. Excluding the COVID-period decline, the current ratio of 1.09% is near a 30-year low. Gold, which has moved up phenomenally, has also paved the way for silver to gain momentum, as it closely follows in the precious metals category. ETMarkets.com Now there is yet another reason to focus on silver… It has formed a new all-time high and even crossed the psychological mark of Rs 1 Lakh. On analysing historical returns of silver after it crosses the previous ...

Silver surges to highest since 2012 as precious metals rally

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[hfe_template id='11223'] [ad_1] Silver hit the highest level since 2012, while gold reached a new record as expectations for additional Federal Reserve interest-rate cuts boosted precious metals. The white metal climbed as much as 2.8% to $32.71 an ounce on Thursday, extending this year's gain to 37%. Its advance came during a broad rally for precious metals, with gold hitting another all-time high. Both metals gave up some of their early gains after the latest US data showed the labour market remained resilient. Silver is one of the year's best-performing major commodities as the Fed's pivot toward easier monetary policy last week, and the prospect of further rate cuts, benefit the non-yielding metals. Gains have been supported by the possibility of increased industrial use as China moves to boost its economy, while flows into silver-backed exchange-traded funds have shown signs of picking up. "Silver is viewed as the relatively cheap sibling to gold, ...

Learn with ETMarkets: Why Fed's rate decisions matter to commodity investors?

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[hfe_template id='11223'] [ad_1] The Federal Reserve's rate decisions are a pivotal factor in the global financial markets, influencing everything from stocks and bonds to commodities like gold and silver. Understanding the broader implications of these decisions is crucial for both novice and seasoned investors. This article explores why the Fed's rate decisions matter to commodity investors and how they impact the prices of gold and silver. The Federal Reserve and Interest Rates Why Fed adjusts rates? Combat Inflation : The Fed raises rates to curb inflation by making borrowing more expensive, which reduces spending and slows down the economy. Stimulate Growth : The Fed lowers rates to stimulate the economy by making borrowing cheaper, encouraging spending and investment. Impact on commodities Gold and silver as safe-haven assets Gold and silver are often viewed as safe-haven assets that investors flock to during times of economic uncertainty. These precious me...