The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
www.kitco.com
"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.”