Robert Kiyosaki Warns Against Fiat Money
If you’re wondering whether fiat money is a safe investment, Robert Kiyosaki has a clear answer: “Hell no!” The author of the popular book Rich Dad Poor Dad is advising investors to protect themselves from central bankers, emphasizing that fiat money is not secure. Kiyosaki warns that central banks are buying gold to save themselves and urges you to safeguard your finances against their actions. He reiterates his advice to invest in gold, silver, and bitcoin.
Central Banks’ Gold Purchases
In the third quarter, central banks around the world have continued to buy gold, with total purchases reaching 337 metric tons. This surge has pushed year-to-date purchases to a record high of 800 metric tons.
Kiyosaki’s Warnings on Fiat Currency
Kiyosaki consistently cautions against fiat currencies, calling them “fake money” and advocating for investing in gold, silver, and bitcoin. He believes that crypto is the future and has repeatedly warned about the decline of the U.S. dollar, attributing it to the Federal Reserve’s actions.
Hot Take: Safeguarding Your Finances
It’s essential to heed Kiyosaki’s warnings and take steps to protect your finances from potential economic downturns. Consider diversifying your investments into assets like gold, silver, and bitcoin as a safeguard against central banks’ actions.
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