‘Rich Dad, Poor Dad' author Robert Kiyosaki has cautioned about the significant rise in the yield on one-month treasury bill asking his Twitter followers to stick with gold, silver and Bitcoin BTC/USD. "The best collateral "in the world, the 1 month T-Bill went up by 100 basis points. Stick with Gold, Silver, Bitcoin, and home defense now….not tomorrow," he tweeted. The SPDR Gold Trust GLD and the iShares Gold Trust IAU closed over 1.5% lower on Friday. The government on Thursday sold $50 billion of four-week securities at a record yield of 5.84% which is the highest for any Treasury bill issue since 2000, reported Blomberg.
