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Kiyosaki Buys Gold Amid Downturn | Raleigh News
Gold and silver took a brutal hit this year, with silver plummeting over 50% and gold losing about 25%—but here’s the twist: Robert Kiyosaki, author of “Rich Dad Poor Dad,” and investor Jim Rogers are buying more, betting these metals are poised for a major rebound. The drop? Simple economics: when interest rates rise, non-yielding assets like gold and silver lose appeal. Silver’s fall was even steeper due to its industrial use. Kiyosaki’s contrarian move—buying after prices crashed—stands out. The real test? The next Fed meeting: more hikes could crush prices, but a softer stance might spark…
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