From Yahoo Finance: 2025-05-09 19:54:00

Bitcoin is surging, but Rich Dad Poor Dad author Robert Kiyosaki points out a surprising trend at Costco: gold bars and coins are flying off the shelves, signaling a shift in how Americans are saving for the future by converting fake money into real gold.

Kiyosaki warns about the fragility of fiat currencies and urges diversification into hard assets like gold, silver, and Bitcoin. He praises average Americans for embracing his “rich dad’s lesson” and going for gold at Costco, as central banks around the world dump US Treasury Bonds and buy gold.

A viral gold flip at Costco has reinforced Kiyosaki’s warning about a middle-class shift toward hard assets, with finance influencer Humphrey Yang making nearly $600 in profit from buying and selling a one-ounce gold bar. Despite critics saying he sold too early, Yang called the experience surprisingly easy.

Bitcoin is driving the crypto market higher, trading at $103,280, while Ethereum surges to $2,339.78. Altcoins like XRP, Solana, and Dogecoin are also on the rise. Investors regain confidence amid macroeconomic easing signals and sustained ETF inflows, with the digital asset space showing renewed strength across large-cap and mid-tier tokens.

Read more: Rich Dad Poor Dad author warns Costco’s best seller isn’t toilet paper