Robert Kiyosaki claims that rapid inflation will "wipe out 50% of US population "
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Here's what he means and how you can protect yourself!
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Consumer prices in the United States rose 8.6 percent in May, the most since December 1981.
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The situation of american economy at the moment doesn't exactly make kiyosaki pleased.
America has stopped producing products; we are producing bubbles.
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The author also criticizes the president's decision to postpone the building of the Keystone XL oil pipeline.
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Time To Protect Yourself!
Kiyosaki likes safe-haven investments such as gold and silver. So far this year, the price of gold has risen by almost 8%.
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In a tweet from March, Kiyosaki revealed that he had bought 2,500 American Silver Eagle bullion coins
As a rule, bubbles pop eventually. Many people have witnessed a huge decline in their wealth. Large drops, however, can present opportunities for those prepared to buy the dip.
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The good thing about a bubble is that when they burst, everything goes on sale,” Kiyosaki said.