Robert Keusaki, author of the book “Rich Abi Poor”, predicted a potential breakdown in gold, silver and bitcoin, and sees it as an opportunity to buy. In a post on X, Books, “Gold, Silver, Bitcoin may crash.
Robert Keusaki is still optimistic about bitcoin, gold and silver
Kyusaki has been constantly expressed concerns about the levels of global debt and inflation, and often defended bitcoin, gold and silver as hedging against economic turmoil. His last statement follows the fluctuations of the financial market that resulted in US President Donald Trump’s decision to impose a new tariff on imports from Canada, Mexico and China.
For more context, White House spokeswoman Caroline Levitte confirmed today that Trump will impose 25 % definitions on imports from Canada and Mexico and a 10 % tariff on Chinese goods that start on Saturday. She stated: “The president will implement a 25 % tariff for Mexico, 25 % of the customs tariff for Canada, and 10 % tariffs for China for the illegal fentanel that they distributed in our country, which killed tens of millions of Americans.”
Trump begins tarrifs: gold, silver, bitcoin has crashed. good. You will buy more after the prices are broken. The real problem is the debts … which will get worse. Accidents mean the assets offered for sale. It’s time to get richer.
– Theeralkiyosaki January 31, 2025
This declaration caused fluctuations in the global markets, while strengthening the US dollar against the Canadian dollar and Mexican Pizo, while the treasury revenues increased and stock indicators decreased.
Reports earlier indicate that customs duties will become valid on the first of March with an exemption, but Levitte refused as a “mistake”, indicating that it will be imposed immediately. No update on possible exemptions.
Possible revenge against Canada and Mexico
Canadian Prime Minister Justin Trudeau warned of a strong response, saying: “This is not what we want, but if he moves forward, we will also act.” Canadian officials formulated a retaliatory tariff, including a possible tax on orange juice in Florida, which seems to be targeting the motherland of Trump. A broader response of up to $ 150 billion, Canadian dollars, under review.
Mexican President Claudia Xinbum urged caution, but stressed Mexico’s willingness to conversations or counter -measures. She said, “We will always defend the dignity of our people, respect for our sovereignty and dialogue on an equality without dependency,” adding that the customs tariff may cost 400,000 American jobs and increase the prices of consumers.
Wide commercial disputes
Beyond North America, Trump has pointed out more commercial measures. Last week, he threatened 25 % of the customs tariff on Colombia due to deportation policies, although the conflict was dissolved after Colombian President Gustavo Petro agreed to accept US deportations.
China maintained a restricted response. Liu Bingio, spokesman for the Chinese embassy of Washington, pointed to China’s cooperation with the United States on controlling Fntanil and urged the United States not to “take goodwill in China.”
Also read: CZ calls Bitcoin in European Union reserves, and the European Central Bank fears for volatility
