Renowned Author Robert Kiyosaki Urges Investors to Consider Bitcoin, Gold, and Silver Amidst Looming Inflation

Robert Kiyosaki, the acclaimed author of the best-selling personal finance book Rich Dad Poor Dad, has once again voiced his support for alternative assets like Bitcoin (BTC), gold, and silver in the face of worsening global inflation.

Kiyosaki Highlights the Weakening Value of Fiat Currencies

As the price of gold surpasses $2,000 per ounce, signaling a steady recovery, Kiyosaki has taken to X (formerly Twitter) to urge his over 2.4 million followers to reduce their reliance on fiat currencies, which he refers to as the "fake money system."

Invest in Gold, Silver, and Bitcoin to Safeguard Your Wealth

In his latest tweet, Kiyosaki advised against being a "loser" who solely relies on traditional savings methods. Instead, he recommended investing in assets like gold, silver, and Bitcoin, stating, "Don't be a loser. Get out of the FAKE money system. Get into gold, silver, Bitcoin now... Before it's too late."

Kiyosaki Blames Rising Inflation on the "Woke Government"

On November 23, Kiyosaki attributed the escalating inflation and the resulting daily struggles to what he called the "woke government." He expressed his lack of faith in leaders and their disregard for the well-being of the people, claiming that their actions ultimately lead to war and poverty.

Price Predictions for Gold and Bitcoin

Kiyosaki has been vocal about his predictions for the prices of gold and Bitcoin. In October, he anticipated that the price of gold would soon reach $2,100, with expectations of a future rally to $3,700. Furthermore, he projected that by August 2023, Bitcoin would surge to $100,000 due to geopolitical tensions impacting global prosperity.

A Potential Scenario: Stocks and Bonds Crash

In the event of a crash in the stocks and bonds market, Kiyosaki envisions Bitcoin skyrocketing to $1 million, while the value of gold and silver would appreciate to $75,000 and $65,000, respectively.