'Giant Crash Coming:' Rich Dad Poor Dad Author Says BRICS Meeting Will 'Put Nail In Coffin Of Fiat'
Portfolio Pulse from Benzinga Newsbot
Robert Kiyosaki, author of 'Rich Dad Poor Dad', has warned of a potential financial crash due to the upcoming BRICS meeting. He suggests that the meeting could be a turning point for the fiat currency system, as the BRICS nations are reportedly considering a gold-backed common currency. Kiyosaki advises investing in gold, silver, and Bitcoin (CRYPTO: BTC) as a hedge against the potential downfall of fiat currencies.
July 13, 2023 | 5:05 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Kiyosaki's warning of a potential financial crash and his advice to invest in Bitcoin could potentially increase demand for the cryptocurrency, impacting its price in the short term.
Kiyosaki's warning about a potential financial crash and his advice to invest in Bitcoin could lead to increased demand for the cryptocurrency as investors look for safe havens. This could potentially drive up the price of Bitcoin in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80