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Donald Trump is adamant about imposing tariffs on nations. His strict tariff stance has severely impacted the US economy, adding pressure on nations, which in turn has negatively affected the US dollar. The global stock markets have also been delivering major losses, responding to the fierce tariffs that have been levied by Trump on major international imports. This entire scenario has been favoring safe haven assets like gold and Bitcoin, which have emerged as victory assets amid the recent political overhaul. Will the brewing stock market crash continue to push gold higher than ever? If yes, then how high will the asset go? Let’s find out. Also Read: Trump Crashes the Stock Market After Public Attack On Powell’s Policies Is a New Stock Market Crash Coming? Donald Trump is currently in the process of levying tariffs on nations. These tariffs have been implemented in efforts to bolster the US economy. However, the development has taken an odd turn, which has ultimately led the mar...

In an X post published late on Sunday, April 7, the prominent investor and author of the best-selling book ‘ Rich Dad Poor Dad,’ Robert Kiyosaki, gave a strange yet strangely appropriate name for the second Trump administration’s economic policy: the D.O.G.E chainsaw massacre, or, as he put it, ‘DOGE CHAINSAW MASSACRE.’ In the same tweet, Kiyosaki also revealed his strategy for weathering the storm and thriving as it unfolds and after it is over – no matter its eventual impact. Specifically, the author plans to continue building his own ‘standard’ based on Bitcoin (BTC), gold, and silver. Indeed, the prominent investor has been bullish about cryptocurrency and the two commodities for years and has frequently recommended that his followers buy the three assets. In late 2024, Kiyosaki even went as far as to urge his fans to sell their homes to buy BTC. Furthermore, the approach proved rather successful last year, and the focus on the three assets was relatively fru...

Author of ‘Rich Dad Poor Dad ,’ Robert Kiyosaki, has once again voiced his support for alternative investment assets, including Bitcoin (BTC), gold, and silver, claiming they are exposing the flaws of the U.S. dollar. To emphasize his point, Kiyosaki referenced two key economic principles—Gresham’s Law and Metcalfe’s Law—highlighting Bitcoin’s growing dominance in an X post on January 25. Kiyosaki explained Gresham’s Law, which states that “bad money drives good money into hiding,” by noting how gold and silver have historically been hoarded as the U.S. dollar depreciates.  Picks for you Dogecoin eyes 3,000% spike if this historical pattern plays out  20 hours ago Here's when Bitcoin...

Gold is currently putting all its efforts into breaking beyond the $2665 price mark. The current positioning of XAU is met with intense resistance, disabling the asset from breaking new boundaries. In this wake, Gold is also eyeing a new possible target, which could help XAU claim new price highs. Here’s how gold could hit $3200 in the near future. Also Read: Shift in Bitcoin Power: U.S. Entities Surpass Offshore Holdings by 65% Analyst Predicts New Price Trajectory For Gold Source: FXstreet Per Rashad Hajiyev, a notable asset analyst, Gold is already surging ahead, targeting a new price spot, a rather ambitious one in a new attempt. The expert clarified how Gold is putting all its efforts into breaking the $2665 price level that it’s currently in. Once it moves behind the aforementioned price spot, the asset could catapult to new highs, as the expert cautiously remarked. Also Read: Top 3 Cryptocurrencies You Should Watch This Weekend “Gold has been trying hard to overcome t...

In a somewhat unusual turn of events, the prominent investor and author of the best-selling personal finance book ‘ Rich Dad Poor Dad ’ Robert Kiyosaki, took to X on October 1 to reveal the investment he was told was backed by Jesus Christ himself. To be precise, the author stated that a friend of his was approached by a person who claimed that Jesus told them ‘to tell everyone that Iraqi Dinars are safest and the best.’ Though the pitch itself is weird, as Kiyosaki commented, it is actually a continuation of a long-standing scam. Fraudsters have been pitching the Iraqi Dinar as a currency sure to appreciate in value rapidly ever since the U.S. invaded the Middle Eastern country. Picks for you Sell-off alert: Ripple to dump 200 million XRP in October 17 mins ago ...

Gold price has risen past $2,500 for the first time in history, setting a new record and sparking new debates about safe-haven assets in the digital age. This change has made investors think again about Bitcoin’s capacity to manage risks. At the same time, its capacity to preserve wealth during economic concerns is another important factor. Also Read: Top 2 Cryptocurrencies To Watch in August 2024 Understanding the Surge: Gold Price & Bitcoin’s Digital Gold Status The Gold Rush: Analyzing the Record-Breaking Surge Gold’s price recently peaked over $2,500 and is now at $2,445 per ounce. Global tensions and economic instability have driven this rise, showing GOLD ’s appeal as a safe-haven asset. Bitcoin’s Digital Gold Status: A Closer Examination BTC is facing its biggest test yet. Currently valued at $53,540, Bitcoin has seen a 24% drop over the past week. This difference in performance between GOLD and BTC. Also Read: Cardano ADA’s Surge to $0.765: Saving $3.75B in Lo...

With the asset having a rather inconsistent start to the year, the Gold price is predicted to rise 10% in 2024 after Federal Reserve Rate cuts according to UBS. Indeed, the financial service company has noted that a Fed pivot could be the catalyst for the price to increase throughout this year. However, the big question of when the Fed could begin cutting interest rates remains. The expectation of such cuts to take place in March has quieted in recent weeks. Still, the Swiss-based financial services firm is confident that the asset will respond bullishly to the development. Also Read: BRICS Continue Gold Buying Spree in 2024 Gold Price to Get a Boost From Fed Rate Policy Pivot At the tail end of 2023, the price of GOLD went on a historical run. The metal saw its value skyrocket, reaching an all-time high price of $2135 in the middle of December. However, since the new year arrived, the asset has had a hard time continuing the bullish momentum it gathered during the final m...

Moreover, Bitcoin is considered one of the popular safe haven s after gold and treasuries as the US faces a debt ceiling crisis that could be catastrophic for the global financial system. advertisement Bitcoin Becoming Top Preferred Assets For Investors According to the Bloomberg MLIV Pulse survey between May 8-12, investors will invest in gold, treasuries, and Bitcoin than in traditional haven currencies like the US dollar, the Japanese yen, and the Swiss franc amid the debt ceiling crisis. Bitcoin ’s popularity as safe haven is rising, with 7.8% of professional investors and 11.3% of retail investors prefer to invest in Bitcoin . However, 51.7% of professional and 45.7% of retail investors are willing to buy gold , while 14% of professional investors and 15.1% of retail investors will invest in government bonds. Trending Stories Dogecoin Price Analysis: Will DOGE Price Hit $0.1 Mark Before May 2023 End? 24/7 C...