Headlines

Robert Kiyosaki Admits His Gold Call Was Wrong, Keeps $35K Target

Key Takeaways Robert Kiyosaki admitted his latest gold prediction missed the market’s direction, emphasizing transparency over certainty. Gold prices remained volatile as shifting global tensions and evolving monetary policy expectations continued to drive market sentiment. Kiyosaki still forecasts gold reaching $35,000 within roughly five years despite ongoing market volatility. Kiyosaki’s Gold Post Recasts a Bad…

Read More

Bolivia Abandons Fixed Exchange Rate Scheme After 15 Years, Adopting a Floating Dollar System

Key Takeaways Bolivia floated its dollar rate on June 26, causing a 40% devaluation to stabilize foreign reserves. Past fixed rates caused severe dollar shortages, pushing locals to expand stablecoin proxy markets. Minister Espinoza cut currency interventions, next forcing other business sectors to generate dollars. Bolivia Abandons Fixed Dollar Exchange Rate Regime, Opens To Flotation…

Read More