Over the past few years, investing in gold and silver has become a good way to diversify investment portfolio and protect against inflation and economic uncertainty. Gold and silver are considered safe-haven assets, meaning they tend to hold their value during times of market volatility or economic downturns.
Robert Kiyosaki, best-selling author of the personal finance book “Rich Dad, Poor Dad,” recently revealed that he does not save cash. Instead of stacking up US Dollars, he focuses on investing in physical assets. His approach stems from his skepticism about the stability of the US Dollar.
Kiyosaki has always talked in favour of “real assets” like Bitcoin, silver, gold. Just a year ago, when he attended the well-known Vancouver Resource Investment Conference (VRIC), he called gold, silver, copper and lithium were hottest investment and being at VRIC was being like in Silicon Valley in 1980.
Kiyosaki views gold as more stable and reliable than cash, which he calls “trash” because he just doesn’t “trust the frickin’ dollar.”
Silver, too, forms a significant part of his investment strategy. He views it as a long-term investment, particularly because of its increasing rarity and relatively lower price compared to gold.
Last week, the author posted a series of tweets criticizing the Federal Reserve and U.S. Treasury, stating he expects the dollar to fall into hyperinflation. He pointed out that over the past five months, the U.S. national debt has increased by $1 trillion. “Please buy more gold, silver and Bitcoin,” Kiyosaki urged.
According to the Treasury Department, America’s national debt currently sits at a staggering $34.06 trillion.
On January 21-22, 2024, over 300 junior mining companies will gather in Vancouver, British Columbia to showcase exploration and production of the most critical commodities the world needs to move forward in the 21st century.
During the two day conference, over 100 keynote speakers will take the stage to discuss commodity forecasts and investment opportunities in the exploration, development and mining industries.
For more information, please visit event page at https://cambridgehouse.com/vancouver-resource-investment-conference or register at https://www.eventbrite.com/e/vancouver-resource-investment-conference-2024-tickets-664703244297?aff=oddtdtcreator
