Robert Kiyosaki Advocates for Investment in BTC, Gold, Silver Amid Global Inflation
Summary:
Author of Rich Dad Poor Dad, Robert Kiyosaki, encourages investing in Bitcoin, gold, and silver as protection against global inflation. As the worth of fiat currencies declines, Kiyosaki advises limiting reliance on such currencies, urging individuals to turn to gold, silver, and Bitcoin instead. He foresaw a significant surge in gold and Bitcoin prices, predicting Bitcoin could hit $1 million in the event of a stock and bond market crash.
Rich Dad Poor Dad's author, Robert Kiyosaki, reinforced his endorsement for assets such as Bitcoin (BTC), gold, and silver as a safeguard against global inflation, which is amplifying the cost of living. As fiat currencies continue to devalue, the price of gold saw a steady rise, surpassing $2,000 per ounce. A staunch supporter of the Bitcoin world, Kiyosaki advised his over 2.4 million followers on X (previously known as Twitter) to minimize dependence on fiat currencies, terming it a "counterfeit money system."
Further, according to Kiyosaki, ordinary individuals who endeavor to save stand to lose. Instead, he suggests investing in alternative mediums such as gold, silver, and BTC. He expressed dismay at the soaring inflation fueled by the "woken government," and its resulting daily hardship. Quite sympathetically, Kiyosaki echoes the plight of those living paycheck-to-paycheck and struggling to afford basic necessities, let alone invest in Gold, Silver, and Bitcoin.
Kiyosaki has persistently transferred his fiat assets into Bitcoin and precious metals, citing a lack of empathy from leaders whose actions predominantly result in war and poverty. In his October 20 prediction, Kiyosaki foresaw gold prices touching $2,100 soon and estimated a surge to $3,700 in the near term.
Back in August 2023, with the prevailing geopolitical issues undermining global wealth, Kiyosaki predicted Bitcoin touching $100,000. In the event of a stock and bond market crash, he sees Bitcoin's value shooting up to $1 million, and gold and silver values appreciating to $75,000 and $65,000 respectively.
Published At
11/27/2023 9:49:23 AM
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