Author Robert Kiyosaki announced plans to increase his holdings of gold, silver, and Bitcoin during potential market downturns. He attributes his strategy to concerns over rising global debt and the devaluation of fiat currencies, which he describes as fake money.
Data indicates that US federal debt reached approximately $40.6 trillion. In October alone, the debt increased by $422 billion, with an average monthly growth of $300 billion since July 1st. This equates to a daily rise of roughly $10 billion.
Kiyosaki previously set price targets of $250,000 for Bitcoin, $27,000 for gold, and $100 for silver for 2026. While silver reached $121 per ounce in January, current market prices for all three assets remain below their earlier peaks.
Following the US midterm elections, market activity showed a recovery. Gold rose 2.34 percent to over $4,023 per ounce, silver climbed nearly 4 percent toward $52, and Bitcoin recovered to approximately $80,500 after dropping to $75,618.
