The favored investor Robert Kiyosaki, writer of Wealthy father, poor fatherhe raised a disturbing query he considers of important significance. “What would occur if Trump found that gold is lacking in Fort Knox?” He questioned in a brand new publish on the social community X on Saturday, February 22, 2025.
Fort Knox is a navy set up within the state of Kentucky, which homes the vault of the bullion deposit of the US Division of the Treasury. It’s recognized for its excessive safety to guard the gold from the nation’s nationwide reserve.
«I doubt that gold is lacking. I need to consider that gold is there, however what occurs whether it is lacking? ”Kiyosaki wrote. In keeping with the specialist, This might unleash a devastating international panorama that may favor gold, silver and bitcoin (BTC).
Confronted with such a state of affairs, “the US financial system would collapse, the greenback would collapse, the world could be chaos and inflation would finish hundreds of thousands of individuals, households and corporations,” he stated.
“Simply in case gold is lacking, I’ve gold, silver and bitcoin,” stated Kiyosaki. “The US greenback will probably be rest room paper,” added the specialist, who is legendary for his vital place in direction of the normal monetary system.
In different phrases, what he raises is that, If gold is lacking in Fort Knox, confidence within the greenback could be destroyedwhich may trigger its devaluation and nice inflation. This, in his opinion, would impression the worldwide financial system, producing monetary and social chaos.
That’s the reason, earlier than this, he considers that lively with scarce provide akin to the identical gold, La Plata and Bitcoin would achieve demand, which might encourage their upward costs.
Kiyosaki provides that, “with so many modifications and agitation on the earth, it’s at all times a superb time to take some time and surprise ‘what would occur sure …?'”
These feedback happen after gold reached final Thursday a brand new historic most worth of $ 2,950 (USD) per ounce. This efficiency, which is plotted under, displays the demand pressure that this legendary lively thought of “worth reserve” is monopolizing.
Authorities authorities purchases develop
As Cryptoics reported, one of many components that’s selling the value of valuable steel is that His demand from the governments of China and India has shot new data. “It appears that evidently gold is rising on account of lengthy -term macroeconomic considerations,” stated the monetary e-newsletter The Kobeissi Letter.
Along with gold, the principle US actions additionally achieved new historic most costs this week. This confluence of milestones reveals the numerous demand for buyers’ property within the face of uncertainty.
In the meantime, Bitcoin, which is taken into account by many as “digital gold” for its decentralized mining and scarce provide, stays 11% beneath its file marked a month in the past. That milestone was achieved by Donald Trump’s presidential assumption in the US, as seen under.
The launch of Libra, the Token of a venture launched by Argentine President Javier Milei and accused of fraud, has affected Bitcoin’s demand final week. As well as, the market has been appeased on the worry generated by the hacking of the Bybit cryptocurrency through which 400,000 ETH have been stolen.
Even so, Kiyosaki, who’s a fervent Bitcoin fanatic, stays optimistic about its worth. This bases on the finite provide that the cryptoactive possesses, in contrast to the greenback that may be emitted unlimitedly.
(tagstotranslate) bitcoin (BTC)
