Robert Kiyosaki predicts Bitcoin will reach $250,000 and gold $27,000 by 2026, saying he’s buying hard assets amid a looming crash.
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Rich Dad Poor Dad author Robert Kiyosaki has doubled down on his bullish outlook for hard assets, saying he’s buying more gold, silver, Bitcoin and Ethereum even as markets brace for a potential crash.
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Hayes says rising US debt will fuel Bitcoin rally
Last week, former BitMEX CEO Arthur Hayes said that the Federal Reserve will be forced into a form of “stealth quantitative easing (QE)” as US government debt continues to surge. He said the Fed will likely inject liquidity into the financial system through its Standing Repo Facility to help finance Treasury debt without officially calling it QE.
According to Hayes, this quiet balance sheet expansion will be “dollar liquidity positive”, ultimately driving up asset prices, particularly Bitcoin and other cryptocurrencies.
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Author: Amin Haqshanas
