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Where the gold haters at 23,24,25, 2600, 2700, 2800? ⤴️


"This is what happens when the U.S. keeps printing ‘fake money,’” Kiyosaki told Kitco News on the sidelines of the Vancouver Resource Investment Conference. “Every time they add another trillion to the debt, the purchasing power of the dollar drops. Gold and silver don’t get more expensive – your dollars just buy less.”

Gold has gained nearly 20% over the past year, driven by record central bank purchases, inflation concerns, and geopolitical instability. “Rich people know what’s real. Poor people don’t. That’s the difference,” Kiyosaki said, holding up a gold coin. “This is real money. Dollars are just paper.”
That’s nice. VTI has also gained more than 20% over the last year and is much more diversified. VTI a couple percent off an ATH. Only difference is it didn’t take a decade between ATHs like gold. But who knows. You might be right. But I still haven’t seen the play of gold as a hedge against a bear market play out in my lifetime. But at least it is gaining in this Bull.
 
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