Robert Kiyosaki Urges Investors: Embrace Bitcoin, Gold, and Silver to Safeguard Against Looming Inflation

Ore
Coinmonks
Published in
2 min readNov 28, 2023

--

Renowned author of the best-selling personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, has once again advocated for strategic investments in assets like Bitcoin, gold, and silver. As the specter of inflation looms large, Kiyosaki emphasizes the need for individuals to diversify their portfolios away from traditional fiat currencies.

Gold’s Resurgence and the Call for Diversification

The recent surge in the price of gold, surpassing the $2,000-per-ounce mark, has caught the attention of investors seeking refuge from the diminishing value of fiat currencies. Kiyosaki, a vocal supporter of the Bitcoin ecosystem, took to social media to share his insights with over 2.4 million followers, urging them to reconsider their reliance on what he calls the “fake money system.”

A Warning Against Fiat Dependency

In a bold statement, Kiyosaki dismisses the average person who tries to save money as a “loser” and advocates for alternative investments in assets like gold, silver, and Bitcoin. He sounds a cautionary note, advising people to act swiftly and make these moves “before it’s too late.”

“Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late,” Kiyosaki tweeted.

Blaming the ‘Woke Government’ for Inflation Woes

On November 23, Kiyosaki pointed fingers at what he terms the “woke government” for the escalating inflation rates and the ensuing daily struggles faced by individuals. His distrust in traditional financial systems and government policies fuels his ongoing shift from fiat assets to the safety of Bitcoin and precious metals.

Predictions and Projections for Bitcoin and Precious Metals

Kiyosaki’s predictions extend beyond cautionary advice. In October, he foresaw the gold price reaching $2,100, and he anticipates further gains, predicting a rally to $3,700 in the near future. Earlier in August 2023, Kiyosaki confidently forecasted Bitcoin’s ascent to $100,000, citing geopolitical uncertainties that could impact global prosperity.

A Vision for Crypto and Precious Metals in Market Turmoil

In a hypothetical scenario where traditional markets, including stocks and bonds, experience a crash, Kiyosaki envisions a dramatic surge in Bitcoin’s price to $1 million. He also anticipates significant appreciation in the values of gold and silver, soaring to $75,000 and $65,000, respectively.

Conclusion: A Strategic Call to Action

Kiyosaki’s resounding call for investors to pivot towards assets like Bitcoin, gold, and silver reflects his belief in their resilience amid economic uncertainties. As the global financial landscape faces challenges, Kiyosaki’s strategic advice serves as a rallying cry for individuals to safeguard their wealth and embrace alternative avenues that transcend the limitations of traditional currencies. Whether his predictions materialize or not, his message underscores the importance of diversification and strategic investment in the face of an evolving economic landscape.

--

--

Ore
Coinmonks

Documenting my journey towards financial freedom.