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‘Stocks and bonds are toast’: Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot — here are 3 real assets he likes now

[MoneyWise] Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets. “Bank of England pivot means buy more GSBC,” he […]

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China’s yuan drops to weakest level in 14 years and is on track for its worst annual loss since 1994

[Markets Insider, AP] China’s yuan dropped to its lowest level versus the dollar since 2008.   The onshore currency weakened to 7.2409 per dollar, its lowest in 14 years.  Beijing must navigate a weakening currency, a real estate crisis, and disruptive COVID-19 lockdowns.  China’s yuan weakened to its lowest mark against […]

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SEC reportedly investigating Coinbase over crypto trading

[MarketWatch] Ongoing dispute over whether certain digital assets are actually securities The Securities and Exchange Commission is reportedly investigating Coinbase Global Inc. over whether it has allowed the trading of unregistered securities. Bloomberg News reported late Monday that regulatory scrutiny has increased since Coinbase expanded the number of digital tokens it […]

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