Robert Kiyosaki Predicts Death Of US Dollar; Here's Why

Also Read: US Fed’s Jerome Powell Says Rate Hike Possible In September FOMC Meet

advertisement

US Dollar To Struggle Ahead?

Robert Kiyosaki in an X (earlier Twitter) post stated that around 41 nations might attend a meeting on August 22, 2023, in South Africa to gang up against the US Dollar. He highlighted the word “Gang Warfare”.

He expects that the BRICS (Brazil, Russia, India, China, and South Africa) and other nations will team up to launch the “BRIC” currency. The BRIC currency will be backed by gold. Kiyosaki added that 1 BRIC will stand equal to 1 ounce of gold, this will lead the gold price to somehow reach $3000. Gold Spot is trading at an average price of $1972, at the press time.

On Wednesday, the US Dollar faced challenges amid scrutiny of the US Federal Reserve’s policy decisions and Chairman Jerome Powell’s comments on the policy outlook. The USD index, which measures the dollar against six major currencies, is set to finish the day significantly lower, nearing 101.00.

Recommended Articles
ethereum price crypto news
Crypto Presale Projects For 2023 To Invest; Updated List
Must Read
crypto exchange affiliate programs
Best Crypto Exchange Affiliate Programs In 2023
Must Read
ethereum price crypto news
Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated]
Must Read
ethereum price crypto news
Crypto Telegram Channels List 2023 [Updated]
Must Read
ethereum price crypto news
Top 10 Web3 Games To Explore In 2023; Here List
Must Read

According to reports, over 40 nations have already expressed their interest in joining the BRICS group. This comes after an update confirming that Russia’s Vladamir Putin will not be attending the BRICS summit scheduled to take place from 22 to 24 august.

Comments

Post a Comment

Popular posts from this blog

Aave community proposes suspending Fantom-based integration

Image
The past month has seen a series of hacks in the crypto sector. The latest hack was on hardware wallets, where 15,000 Solana wallets were affected, resulting in a loss of around $4.6 million. Aave proposal removes Fantom integration One of the most persistent hacks in the crypto space is on DeFi bridges. Bridges are an essential infrastructure that allows users to transfer funds between blockchains. For example, the native assets on one network like Avalanche can exist on another like Harmony without needing a bridge. Given this large amount of money stolen from these blockchain bridges, one DeFi protocol is taking steps to lower the risks from the sector. A recent proposal on the Aave protocol suggested that the community suspends all Fantom-based integration. Buy Aave Now Your capital is at risk. The proposal from the Aave community says that halting Fantom integration would protect users by suspending the ability to deposit and borrow assets through the Aave V3 market
Read more

Nima Capital goes dark after dumping 9M SYN tokens, community calls it VC rug

The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN. The price of the native token of the decentralized finance (DeFi) cross-chain bridge Synapse (SYN) plummeted on Sept. 5 after an unknown liquidity provider on the platform dumped nearly 9 million SYN token s and pulled all stablecoin liquidity from the bridge. The official X account for Synapse acknowledged the liquidity rug by an “unknown liquidity provider,” while clarifying that the Synapse bridge didn’t face any security breach. A Synapse liquidity provider sold their SYN token s and removed liquidity today. We're investigating unusual activity on their wallets and are working to get in touch with them. Will update once there is more info. There was no security breach of the protocol or bridge. 4 — Synapse Labs (@SynapseProtocol) September 5, 2023 The unknown liquidity provider in question was traced to Nima Capital, one of the long-term capital partners of the pro
Read more

Astar launches NFT campaign to celebrate mainnet launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Astar Network, a Polkadot parachain, has announced an NFT campaign to celebrate the mainnet release of Astar zkEVM, an Ethereum layer-2 chain powered by Polygon technology. Astar’s NFT campaign The Astar Network’s NFT campaign, scheduled for Q1 2024, aims to celebrate the launch of the Astar zkEVM mainnet, which was built utilizing the Polygon Chain Development Kit (CDK). The campaign draws inspiration from Astar Network’s Japanese roots by using the popular Japanese capsule machines and mechanisms to award random prizes. You might also like: Astar Network launches zKatana layer-2 scaling solution on public testnet To participate in this campaign , users are encouraged to explore the projects available on Astar zkEVM. The platform offers on-chain and off-chain quests, which users can complete to earn rewards. These rewa
Read more