Author of Rich Dad Poor Dad Recommends Bitcoin, Gold, and Silver as Inflation Worsens
Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, is once again expressing his support for assets like Bitcoin (BTC), gold, and silver as inflation continues to threaten global living standards. With the price of gold surpassing $2,000 per ounce, Kiyosaki is urging his followers to reduce their exposure to fiat currencies, which he refers to as the “fake money system.”
Kiyosaki Calls Savers “Losers” and Recommends Alternative Investments
Kiyosaki goes as far as calling the average person who tries to save money a “loser.” Instead, he suggests investing in alternative assets such as gold, silver, and BTC. In a recent tweet, Kiyosaki wrote, “Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.”
Inflation Blamed on “Woke Government”
Kiyosaki attributes the rising inflation and daily struggles to the “woke government.” He empathizes with those who struggle paycheck to paycheck and cannot afford basic necessities or investments in precious metals and Bitcoin.
Moving Fiat Assets into Bitcoin and Precious Metals
Kiyosaki continues to convert his fiat assets into Bitcoin and precious metals because he believes that leaders do not care about individuals. He predicts that gold prices will reach $2,100 and expects them to rally further to $3,700 in the near future. Additionally, Kiyosaki previously predicted that Bitcoin would reach $100,000 due to geopolitical issues threatening global prosperity.
If Stocks Crash, Bitcoin Could Reach $1 Million
In the event of a stock and bonds market crash, Kiyosaki envisions Bitcoin’s price skyrocketing to $1 million. He also predicts that the value of gold and silver would appreciate to $75,000 and $65,000, respectively.
Hot Take: Robert Kiyosaki Urges Investors to Diversify into Bitcoin and Precious Metals
As inflation worsens, Robert Kiyosaki emphasizes the importance of diversifying investments into assets like Bitcoin, gold, and silver. He criticizes the current fiat money system and encourages his followers to protect their wealth by reducing exposure to traditional currencies. Kiyosaki’s predictions about the rise in gold prices and the potential for Bitcoin to reach $100,000 or even $1 million in the event of market crashes have gained attention. While opinions on these predictions may vary, Kiyosaki’s message serves as a reminder for individuals to consider alternative investments to safeguard against inflation.
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