R. Kiyosaki Anticipates Gold’s Value Will Plummet Below $1,200

By Fin Boldom Feb 15, 202430Views

, , ,

Robert Kiyosaki Warns of Banks Buying Gold Instead of US Debt

According to Robert Kiyosaki, the famous investor and author of the best-selling book ‘Rich Dad Poor Dad,’ banks buying gold instead of US debt is a problem that could lead to a financial crash. He raises the question of how the world and the US will function without money if banks continue to invest in gold rather than US bonds. Kiyosaki predicts that the price of gold could crash to below $1,200, while silver and Bitcoin (BTC) will thrive. He advises caution and suggests investing in real assets like gold, silver, and Bitcoin to protect one’s wealth.

Gold vs. Bitcoin: Advantages of Bitcoin

Kiyosaki also points out some advantages of Bitcoin over gold. Unlike precious metals, Bitcoin doesn’t require expensive shipping methods or security guards for transportation. Currently, the spot price of gold is $1,997.1 per ounce, while Bitcoin is priced at $52,214 per unit. These figures are subject to change.

Read Disclaimer

This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Tags:

Fin Boldom

Fin Boldom has emerged as a notable crypto analyst, accomplished researcher, and adept editor, leaving a distinct mark in the field of cryptocurrency. As a skilled crypto analyst and researcher, Fin's insights delve deep into the complexities of digital assets, resonating with a diverse audience. His analytical acumen is seamlessly complemented by his editorial finesse, enabling him to distill intricate crypto information into easily comprehensible content. Fin's contributions serve as a valuable guidepost for both seasoned enthusiasts and newcomers, navigating the dynamic terrain of cryptocurrencies with well-researched perspectives. With meticulous attention to accuracy, he empowers informed decision-making within the ever-evolving crypto domain.