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Robert Kiyosaki says 1974 shock now emerges, hold gold, silver and bitcoin

Robert Kiyosaki warned that deepening inflation and instability in pension systems are emerging from structural changes that began in 1974. He cited the shift to the petrodollar system and the move from lifetime pensions to defined-contribution plans such as 401(k) and IRA. He also raised concerns about pressure on social security and Medicare, and urged people to hold gold, silver and bitcoin and improve financial education.