Posts

Showing posts with the label agricultural commodities

R. Kiyosaki asset hits all-time high, and it’s not Bitcoin, Gold, or Silver

Image
Summary: ⚈ Cattle futures hit $216.83, surpassing previous highs from 2014 and 2015 ⚈ Kiyosaki-backed cattle ETF rose 19.18% year-to-date, breaking 2014 record ⚈ Price surge driven by drought, inflation, high rates, and screwworm outbreak Robert Kiyosaki is well-known for promoting gold, silver, and Bitcoin (BTC). But on May 13, one of his more overlooked preferred assets, Cattle, hit a new all-time high. The famed investor first voiced his preference for livestock – Wagyu to be precise – in a Kitco News interview published on February 22, 2023, Live Cattle Jun ’25 (LEM25) futures surged to $216.83, marking the highest price on record. Prior to this rally, the contract’s previous peak hovered around $170 in 2014 and 2015. Cattle prices hit a new all-time high pic.twitter.com/MBRInuIEDY — Barchart (@Barchart) May 13, 2025 Wisdom Tree’s Cattle exchange-traded fund (LSE: CATL), has also been rising and is 19.18% in the green in 2025....