
Gold rate, Bitcoin price prediction: Rich Dad Poor Dad author Robert Kiyosaki makes jaw-dropping claims
Remove Ads
THE END is HERE:
WHAT if you threw a party and no one showed up?
That is what happened yesterday.
The Fed held an auction for US Bonds and no one showed up.
So the Fed quietly bought $50 billion of its own fake money with fake money.
The party is over. Hyperinflation is… undefined Robert Kiyosaki (@theRealKiyosaki) May 21, 2025
Tired of too many ads?
Remove Ads
FAQs
"Rich Dad Poor Dad" author Robert Kiyosaki has predicted that prices of assets like cryptocurrency, gold, and silver are to go up. Taking to 'X' (formerly Twitter), Kiyosaki claimed that Gold is set to hit $25,000-mark. He also predicted that Bitcoin price is poised to go up to $500K to $1 million. Bitcoin was trading at about $111,000 on Thursday morning — a new record. That price gives it a market cap of more than $2 trillion, or about the same as Amazon. Gold price on Thursday fell as the U.S. dollar strengthened and investors booked profits after prices touched a two-week high earlier in the session."Good news. Gold will go to $25,000. Silver to $70. Bitcoin to $500 k to $1 million," Kiyosaki tweeted.Bitcoin, at times, trades in a similar fashion to tech stocks and other assets that rise in value when investor sentiment is high. Crypto market participants often point to increased involvement from traditional financial firms as reasons for its gains.This week they have referenced JPMorgan CEO Jamie Dimon, a long term crypto sceptic, saying its clients can buy bitcoin and crypto exchange Coinbase being added to the S&P 500 this month as being contributing factors.Spot gold was down 0.6 per cent at $3,295.21 an ounce, by 1216 p.m. ET (1616 GMT). Prices reached their highest level since May 9 earlier in the session before falling more than 1 per cent. Gold has recorded gains in the previous three sessions. U.S. gold futures also fell 0.6 per cent to $3,294.90.A1. Owner of 'Rich Dad Poor Dad' is Robert Kiyosaki.A2. Bitcoin was trading at about $111,000 on Thursday morning — a new record.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
2 hours ago
- Economic Times
Air Canada strike ends: When will flight operations return to normal? Here's what the airline said
The end of the Air Canada strike provides temporary relief for thousands of passengers stranded worldwide, but the labor dispute that triggered it remains unresolved. Tired of too many ads? Remove Ads Air Canada Strike: Directive Brings Relief Government Steps In to End the Air Canada Strike Tired of too many ads? Remove Ads Air Canada Strike: Union opposition to binding arbitration Air Canada Strike: Passengers left in limbo during protest Tired of too many ads? Remove Ads Air Canada Strike: Historic Strike and Its Broader Implications Air Canada Strike: Next steps for Air Canada and its employees FAQs When will Air Canada flights fully return to normal after the strike? What was the main issue behind the Air Canada strike? Air Canada announced that it will begin resuming flights on Sunday evening after the Canadian Industrial Relations Board (CIRB) ordered an immediate end to a cabin crew strike that disrupted nearly 700 daily flights and stranded more than 100,000 passengers worldwide. The order followed a directive from Canada's Jobs Minister Patty Hajdu, who moved to resolve the contract impasse through binding CIRB directed Air Canada and its low-cost subsidiary Air Canada Rouge to resume operations and for all flight attendants to report back to duty by 2 p.m. ET (1800 GMT), as per a report by Reuters. The intervention came less than 48 hours after thousands of cabin crew walked off the job on Saturday, staging their first strike since work stoppage left travelers scrambling for alternatives as flights were grounded across North America, Europe, and Asia. Many passengers were left stranded at airports or forced to cancel long-planned holidays. The airline began canceling flights as early as Friday in anticipation of the Canada said operations would gradually return to normal, but passengers should expect continued disruptions over the next 7 to 10 days as the airline works to stabilize its strike came after months of unsuccessful negotiations between Air Canada management and the Canadian Union of Public Employees (CUPE), which represents more than 9,500 flight attendants. The government's decision to intervene was seen as a response to growing concerns over the economic and social fallout of the Minister Patty Hajdu's directive required binding arbitration to resolve the standoff, a move the airline had long advocated. The government's order effectively extended the previous collective agreement, which expired on March 31, until a new one is reached.'The government had no choice but to act in the public interest,' an industry observer noted, highlighting the large-scale impact of the strike on travelers, businesses, and Canada's reputation for reliability in air the government's move was welcomed by the airline, it faced strong resistance from the flight attendants' union. CUPE argued that binding arbitration weakens the union's bargaining power and removes the pressure on Air Canada to negotiate in good union's core demand has centered on compensation for non-flight duties. Cabin crew are currently paid primarily for time when the aircraft is in motion, but not for periods spent on the ground assisting passengers during boarding or between flights. CUPE has maintained that this unpaid labor represents a significant fairness issue for thousands of Air Canada strike caused immediate and widespread disruption for travelers. Airports in Toronto, Montreal, and Vancouver reported long lines and confusion as passengers sought rebooking or refunds. International travelers were particularly affected, with limited options to re-route through other carriers at short experts estimate that over 100,000 passengers were directly impacted during the two-day strike period. Many faced additional expenses on hotels and alternate travel Canada acknowledged the inconvenience caused but urged passengers to remain patient as the airline works to restore services."Restart of operations will begin immediately, with first flights this evening, but Air Canada expects it will take several days before its operations return to normal," the airline said in its statement early Sunday. "During this process, some flights will be canceled over the next 7 to 10 days until the schedule is stabilized. Air Canada deeply regrets the inconvenience for its customers."The walkout marked the first strike by Air Canada cabin crew since 1985, underlining the deep frustration among flight attendants after years of negotiations. It also exposed the fragile balance between labor rights and the public's reliance on essential transportation noted that the government's quick intervention reflected the high stakes for Canada's largest airline, which plays a critical role in both domestic and international flights are resuming, the underlying issues remain unresolved. The CIRB's order ensures that operations continue while arbitration proceedings determine the terms of a new contract. For now, the terms of the expired agreement remain in Canada management has indicated a willingness to engage constructively in arbitration, while CUPE has reiterated its disappointment but pledged to continue pressing its meanwhile, are advised to check flight status regularly and expect residual delays as schedules are gradually rebuilt. Industry analysts believe the airline could take up to two weeks to fully restore normal Canada said flights would resume Sunday evening, but cancellations and delays are expected to continue for 7 to 10 days as schedules are gradually union's primary demand was compensation for time spent on the ground between flights and during passenger boarding, work for which flight attendants are not currently paid.


Mint
2 hours ago
- Mint
Fired by Elon Musk, ex-Twitter CEO Parag Agrawal launches AI startup, Deep Research API
Former Chief Executive Officer of Twitter (now known as X), Parag Agrawal, in a social media post announced that he has launched a new artificial intelligence (AI) venture named 'Deep Research API' in efforts to take over ChatGPT in the world AI development race. In the post, Agrawal said that the first goal of the venture is to 'outperform' both humans and all leading models including GPT-5 from Open AI. He also called the target two of the hardest benchmarks to beat in the industry. "We launched our Deep Research API - it's the first to outperform both humans and all leading models including GPT-5 on two of the hardest benchmarks," said Agrawal in his post on LinkedIn. The former Twitter boss also highlighted that his company is already powering millions of research tasks on a daily basis for ambitious startups and public enterprise companies. Parag Agrawal is the founder of the AI startup, Parallel Web Systems Inc., which is based in Palo Alto, California, United States. He said that the company offers automation facilities which companies use to carry out traditionally-human workflows with 'exceeding human-level accuracy. "We already power millions of research tasks every day, across ambitious startups and public enterprises," said Agrawal in his post. Parag Agrawal is well-known in the industry for serving as the CEO of the social media giant, Twitter. Elon Musk fired Agrawal after taking over the company in 2022. Agrawal started out his career as a Researcher at Microsoft in 2006, and after a few months, he shifted to the same position at Yahoo. In 2009, he again returned to Microsoft Corp.; however, after a brief run with the company, he joined the US-based telecom giant, AT&T. In October 2011, Agrawal finally joined Twitter as a Distinguished Software Engineer and after serving for over six years, he became the Chief Technology Officer (CTO) of the global giant. After spending over four years as the company's CTO, Parag Agrawal was promoted to the CEO role in November 2021. According to his LinkedIn profile, Parag Agrawal was from the Atomic Energy Central School in India, and later finished his graduation from the Indian Institute of Technology, Bombay with a Bachelor's in Technology in Computer Science and Engineering. Agrawal in 2005 finished his Doctor of Philosophy (PhD) in Computer Science from the Stanford University in United States.


Time of India
3 hours ago
- Time of India
Air Canada strike ends: When will flight operations return to normal? Here's what the airline said
Air Canada announced that it will begin resuming flights on Sunday evening after the Canadian Industrial Relations Board (CIRB) ordered an immediate end to a cabin crew strike that disrupted nearly 700 daily flights and stranded more than 100,000 passengers worldwide. The order followed a directive from Canada's Jobs Minister Patty Hajdu, who moved to resolve the contract impasse through binding arbitration. Air Canada Strike: Directive Brings Relief The CIRB directed Air Canada and its low-cost subsidiary Air Canada Rouge to resume operations and for all flight attendants to report back to duty by 2 p.m. ET (1800 GMT), as per a report by Reuters. The intervention came less than 48 hours after thousands of cabin crew walked off the job on Saturday, staging their first strike since 1985. The work stoppage left travelers scrambling for alternatives as flights were grounded across North America, Europe, and Asia. Many passengers were left stranded at airports or forced to cancel long-planned holidays. The airline began canceling flights as early as Friday in anticipation of the strike. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like He is our only child, we cannot see him suffer. Help us! Donate For Health Donate Now Undo Air Canada said operations would gradually return to normal, but passengers should expect continued disruptions over the next 7 to 10 days as the airline works to stabilize its schedule. Government Steps In to End the Air Canada Strike The strike came after months of unsuccessful negotiations between Air Canada management and the Canadian Union of Public Employees (CUPE), which represents more than 9,500 flight attendants. The government's decision to intervene was seen as a response to growing concerns over the economic and social fallout of the dispute. Live Events Jobs Minister Patty Hajdu's directive required binding arbitration to resolve the standoff, a move the airline had long advocated. The government's order effectively extended the previous collective agreement, which expired on March 31, until a new one is reached. 'The government had no choice but to act in the public interest,' an industry observer noted, highlighting the large-scale impact of the strike on travelers, businesses, and Canada's reputation for reliability in air transport. Air Canada Strike: Union opposition to binding arbitration While the government's move was welcomed by the airline, it faced strong resistance from the flight attendants' union. CUPE argued that binding arbitration weakens the union's bargaining power and removes the pressure on Air Canada to negotiate in good faith. The union's core demand has centered on compensation for non-flight duties. Cabin crew are currently paid primarily for time when the aircraft is in motion, but not for periods spent on the ground assisting passengers during boarding or between flights. CUPE has maintained that this unpaid labor represents a significant fairness issue for thousands of employees. Air Canada Strike: Passengers left in limbo during protest The Air Canada strike caused immediate and widespread disruption for travelers. Airports in Toronto, Montreal, and Vancouver reported long lines and confusion as passengers sought rebooking or refunds. International travelers were particularly affected, with limited options to re-route through other carriers at short notice. Industry experts estimate that over 100,000 passengers were directly impacted during the two-day strike period. Many faced additional expenses on hotels and alternate travel arrangements. Air Canada acknowledged the inconvenience caused but urged passengers to remain patient as the airline works to restore services. "Restart of operations will begin immediately, with first flights this evening, but Air Canada expects it will take several days before its operations return to normal," the airline said in its statement early Sunday. "During this process, some flights will be canceled over the next 7 to 10 days until the schedule is stabilized. Air Canada deeply regrets the inconvenience for its customers." Air Canada Strike: Historic Strike and Its Broader Implications The walkout marked the first strike by Air Canada cabin crew since 1985, underlining the deep frustration among flight attendants after years of negotiations. It also exposed the fragile balance between labor rights and the public's reliance on essential transportation services. Experts noted that the government's quick intervention reflected the high stakes for Canada's largest airline, which plays a critical role in both domestic and international connectivity. Air Canada Strike: Next steps for Air Canada and its employees While flights are resuming, the underlying issues remain unresolved. The CIRB's order ensures that operations continue while arbitration proceedings determine the terms of a new contract. For now, the terms of the expired agreement remain in effect. Air Canada management has indicated a willingness to engage constructively in arbitration, while CUPE has reiterated its disappointment but pledged to continue pressing its case. Passengers, meanwhile, are advised to check flight status regularly and expect residual delays as schedules are gradually rebuilt. Industry analysts believe the airline could take up to two weeks to fully restore normal operations. FAQs When will Air Canada flights fully return to normal after the strike? Air Canada said flights would resume Sunday evening, but cancellations and delays are expected to continue for 7 to 10 days as schedules are gradually stabilized. What was the main issue behind the Air Canada strike? The union's primary demand was compensation for time spent on the ground between flights and during passenger boarding, work for which flight attendants are not currently paid.