‘Rich Dad Poor Dad’ author says gold, silver prices don’t really matter

Core Viewpoint - The primary concern is the erosion of the U.S. dollar's purchasing power due to rising federal debt, rather than daily market volatility in assets like gold, silver, Bitcoin, and Ethereum [2][5]. Group 1: U.S. Dollar and Federal Debt - The U.S. federal debt currently stands at $38.45 trillion, contributing to the declining value of the dollar [2]. - The U.S. Dollar Index is at its lowest in two weeks, recorded at 98.30 [2]. Group 2: Asset Price Movements - Gold reached a new all-time high of $4,967.03 per ounce on January 23, with expectations to approach the $5,000 mark [3]. - Silver also set a new record at $100.29 per ounce on January 23 [3]. - Bitcoin was trading at $88,866.80, significantly lower than its peak of over $126,000 in early October last year [3]. - Ether was priced at $2,915.86, which is 40% lower than its all-time high of $4,953.73 from late April last year [4]. Group 3: Economic Leadership Critique - Criticism is directed towards the "incompetent, highly educated" PhDs in charge of the Federal Reserve and U.S. government, who are believed to be repeating mistakes that weaken fiat currency [5]. - The belief is that investing in hard assets like gold, silver, Bitcoin, and Ethereum will provide refuge as the U.S. dollar continues to lose value [6].