New Delhi, Dec. 6 -- American investor Robert Kiyosaki reiterated calls for investment in cryptocurrencies and precious metals on Friday - contending that the US dollar was on its way out. The Rich Dad Poor Dad author claimed that the BRICS grouping had announced its own 'gold-backed' currency and sounded a fresh warning about 'hyperinflation'. The remarks came even as Russian President Vladimir Putin met with Indian Prime Minister Narendra Modi during a closely-watched trip this week.

"BRICS: Brazil, Russia, India, China, South Africa announces the 'Unit' - a gold-backed 'money'. Bye-bye US dollar! Stand by, stay awake, stay tuned in. Don't be a loser. My forecast is that savers of the US dollar will be the biggest losers. If you own US...