Robert Kiyosaki predicts that bitcoin and silver will rise while gold will fall below $1,200, and urges investors to prepare for the “biggest crash in history” and trust gold, silver and bitcoin more than the Federal Reserve.
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will soar while gold will fall below $1,200. He urged investors to prepare for the "biggest crash in history" that he predicted in his book several years ago. Emphasizes that the Federal Reserve is "destroying" the US.
Robert Kiyosaki Expects Bitcoin to 'Take Off'
economics, he suggested: “Instead of trusting the Fed, I would rather trust gold, silver and bitcoin.” Rich Dad Poor Dad author Robert Kiyosaki returned to social media platform X this week to express renewed concerns about the US economy and its potential collapse while offering predictions about gold, silver and bitcoin.
Rich Dad Poor Dad is a book co-written by Kiyosaki and Sharon Lechter in 1997, and has been on the New York Times Bestseller List for more than six years. More than 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
Gold will fall likely below $1,200. Silver will skyrocket as will bitcoin. At the time this article was written, the price of gold was $2,013.20 per ounce, silver $23.41, and bitcoin was trading at $51,921.53.
On Wednesday, Kiyosaki shared on X a question from Andy Schectman, CEO of Miles Franklin Precious Metals Investments and frequent guest on the Rich Dad show. "Andy Schectman asks a very important question, 'Who will buy US bonds?' Kiyosaki wrote, adding: "Banks buy gold, not US debt. How will America run without money? How will the world run without money? What will the world do?" The renowned author continued:On Monday, Kiyosaki commented on how some financial advisors are now offering clients bitcoin exchange-traded funds (ETFs). "Eventually some financial planners recommend investing in gold, silver, bitcoin," Kiyosaki wrote, adding: "Why didn't financial planners recommend investing in hard assets before?" Answering his own question, he detailed: "$. Money baby!!! Commission!!!
Gold has outperformed the S&P for decades. The S&P will fall by 70%. Don't be a loser. Choose your financial advisor carefully. Get ready for the biggest [crash] in history ... the fall I predicted in my book 'Rich Dads Prophecy' many years ago." On Thursday, Kiyosaki blasted the Federal Reserve on X. "Sick and tired of listening to 'experts' asking: 'What is the Fed doing?' The Fed is the problem.
The Fed is a criminal organization. The Fed has destroyed the economy, made the poor and middle class poorer, and bailed out their rich banking friends. "Be aware, pay less attention to what the Fed says and what the Fed does, once again, the Fed is a criminal organization," he said.
Rather than trusting the Fed, I prefer to trust gold, silver and bitcoin.Despite predicting gold prices will fall, the renowned author emphasized: Last month, Kiyosaki warned investors about the ballooning US government debt, urging them to buy BTC.
What do you think about the advice and predictions from the author of Rich Dad Poor Dad, Robert Kiyosaki? Let us know in the comments section below.
