Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review

Kiyosaki: Buy Silver Before It's Gone; Michael Burry Bets Against Stocks — Week in Review

Rich Dad Poor Dad creator Robert Kiyosaki urges shopping for silver earlier than it’s gone, hedge fund supervisor Michael Burry has wager $1.6 billion on the inventory market collapsing, and mining rig producer Bitmain is about to disclose a cutting-edge BTC miner on the 2023 World Digital Mining Summit. This and extra, just under, within the newest Bitcoin.com News Week in Review.

Kiyosaki: Buy Silver Before It's Gone; Michael Burry Bets Against Stocks — Week in Review

Robert Kiyosaki Recommends Buying Silver Before It’s Gone

Rich Dad Poor Dad creator Robert Kiyosaki has urged traders to purchase silver earlier than it’s gone, noting that the dear steel is getting rarer. He harassed that silver is “a greater cut price” as a long-term funding than gold.

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Kiyosaki: Buy Silver Before It's Gone; Michael Burry Bets Against Stocks — Week in Review

Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq

In filings with securities authorities launched on Monday, famend hedge fund supervisor Michael Burry, whose exploits had been famously captured within the movie “The Big Short,” took a bearish stance in the marketplace. Burry’s Scion Asset Management shorted the S&P 500 and Nasdaq 100 for the shut of the second quarter, wagering roughly $1.6 billion on an impending inventory market collapse.

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Kiyosaki: Buy Silver Before It's Gone; Michael Burry Bets Against Stocks — Week in Review

Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mining Summit

Reports have surfaced that Bitmain, the well-known mining rig producer, intends to unveil a cutting-edge bitcoin (BTC) miner on the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The machine, christened the Antminer S21, is being hailed by Bitmain because the market’s most proficient machine, marking a pivotal shift within the business into the 1X joules per terahash (J/T) period.

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Kiyosaki: Buy Silver Before It's Gone; Michael Burry Bets Against Stocks — Week in Review

Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million

On the morning of Monday, August 14, 2023, on the exact block peak of 803,135, a dormant bitcoin tackle — created on November 9, 2010 — stirred to life. After mendacity in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to a formidable worth of greater than $29 million.

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