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The Daniela Cambone Show


Aug 14, 2023

The U.S. dollar's longstanding status as the world's reserve currency has been threatened this year as prominent countries around the world have avoided relying on the dollar for global trade. Today, Daniela interviewed Robert Kiyosaki, bestselling author of Rich Dad Poor Dad, who asserts that the global de-dollarization trend signals that a return to a gold standard is inevitable as long as these foreign adversaries remain unified. He says, "When you talk about the BRICS, almost three-quarters of the population has signed on. It's not if, but when they switch to gold. That's what they're saying."

Robert also believes that cryptocurrencies offer a viable store of value as investors search for a safe haven from this chaotic market. "I like bitcoin because we have an enemy in common called the federal government, the Treasury, the Fed, and Wall Street," he proclaims. He concludes by encouraging investors to explore the precious metals sector in an effort to protect their wealth as mountains of debt continue to weigh on the economy. "In two months alone, they've added $1.8 trillion in new debt; this is unsustainable. That's why I'm a big hard asset person. I don't buy much paper," he states.

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