Wealthy Father, Poor Father According to author Robert Kiyosaki, gold will plummet below $1,200, but silver and bitcoin will soar. In his book from years ago, he predicted the “biggest crash in history,” and now he is urging investors to get ready for it. He counseled: “Rather than trust the Fed, I prefer to trust gold, silver, and bitcoin,” highlighting the fact that the Federal Reserve is “destroying” the American economy.
According to Robert Kiyosaki, Bitcoin will “take off.”
Robert Kiyosaki, the author of Rich Dad Poor Dad, reappeared on social media this week to share his updated worries about the US economy and impending crashes along with some predictions regarding gold, silver, and bitcoin. Kiyosaki and Sharon Lechter coauthored the book Rich Dad Poor Dad in 1997. For more than six years, it has been included in the New York Times Best Seller List. The book has been sold in more than 109 countries and in more than 51 languages for over 32 million copies.
The CEO of Miles Franklin Precious Metals Investments and a regular guest on Kiyosaki’s Rich Dad show, Andy Schectman, asked a question about X on Wednesday. “Andy Schectman poses a crucial query. “Who will purchase US bonds?” Kiyosaki continued, writing, “Banks are purchasing gold rather than US debt.” Without money, how would America function? Without money, how will the world function? What action will the world take? The well-known writer went on:
Gold will plummet, perhaps to less than $1,200. Both bitcoin and silver will rise in value.
As of this writing, an ounce of gold costs $2,013.20, an ounce of silver costs $23.41, and a bitcoin is worth $51,921.53.
Kiyosaki made a comment on Monday about how some financial advisors are already providing their clients with spot bitcoin exchange-traded funds (ETFs). “Why have financial planners not recommended investing in hard assets earlier?” Kiyosaki said, in response to the news that “finally a few financial planners are recommending investing in gold, silver, and bitcoin.” He elaborated in response to his own query, saying, “$. Money Baby!!! Commissions!!! For decades, gold has outperformed the S&P. The S&P will soon plummet by 70%. Avoid being a loser. Pick your financial counselors wisely. Get ready for [the] largest fall in history, as I predicted years ago in my book “Rich Dad’s Prophecy.”
Kiyosaki attacked the Federal Reserve on X on Thursday. “We’re sick of hearing ‘experts’ ponder, ‘What is the Fed doing?'” The issue is with the Fed. It is a criminal organization, the Fed. The Fed has ruined the economy, bailed out their wealthy banking pals, and made the poor and middle class even impoverished. Awaken. Reduce your focus on the words and actions of the Federal Reserve. Once more, he believed, the Fed is a criminal enterprise. Even though they thought the price of gold would plummet, the well-known author emphasized:
I would rather trust bitcoin, silver, and gold than the Fed.
Kiyosaki advised investors to purchase Bitcoin last month after alerting them to the US government’s spiraling debt. In a recent explanation of his bitcoin holdings, he emphasized that they serve as a safeguard “against the theft of our wealth via our money.” After spot bitcoin exchange-traded funds (ETFs) were approved, the well-known writer disclosed that his bitcoin holdings had grown. He advises investors to be aware of the impending Bitcoin halving and thinks that the price of bitcoin will soon reach $150,000.
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