Robert Kiyosaki, renowned author of the influential personal finance book “Rich Dad Poor Dad,” has reaffirmed his belief in the importance of assets like Bitcoin, gold, and silver as the specter of inflation looms large, endangering global living standards.
In recent times, the price of gold has surged past the $2,000 per ounce mark, demonstrating a consistent rebound in the face of diminishing fiat currency values.
As a staunch advocate for the Bitcoin ecosystem, Kiyosaki used his platform, with over 2.4 million followers on X (formerly Twitter), to encourage people to reduce their exposure to fiat currencies, which he dismissively referred to as the “fake money system.”
Kiyosaki, known for his candid and often unconventional financial advice, declared that individuals attempting to save money through traditional means are destined to fall short.
Instead, he recommended alternative forms of investment, including gold, silver, and Bitcoin, asserting, “Don’t be a loser. Get out of the FAKE money system.
Get into gold, silver, Bitcoin now… Before it’s too late.”
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On November 23rd, Kiyosaki pointed the finger at what he termed the “woke government” for the mounting inflation and the ensuing daily struggles faced by ordinary citizens.
He remains resolute in his choice to convert his fiat assets into Bitcoin and precious metals, underscoring his belief that political leaders are indifferent to the well-being of the populace, ultimately leading to conditions of strife and impoverishment.
As early as October 20th, Kiyosaki had forecasted that the price of gold would soon surpass $2,100, and he anticipates a further rally to $3,700 in the not-so-distant future.
In a bold prediction made in August 2023, Kiyosaki foresaw Bitcoin’s value reaching $100,000, taking into account the geopolitical tensions that posed a threat to global prosperity.
However, he also painted a vivid picture of what might transpire should the stocks and bonds market plummet.
In such a scenario, Kiyosaki envisions Bitcoin’s price skyrocketing to an astonishing $1 million, while the value of gold and silver would surge to $75,000 and $65,000, respectively.
In a world grappling with economic uncertainties and growing inflationary pressures, Kiyosaki’s unorthodox investment advice continues to capture the attention of individuals seeking to safeguard their financial futures.
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