Well-known author of the best-selling guide Rich Dad Poor Dad, Robert Kiyosaki, shared his thoughts on why bitcoin, gold, and silver are increasing in value. Noting silver is now affordable, Kiyosaki urged traders to buy a silver coin in order to start getting rich.
Robert Kiyosaki Shares Reasons for Gold, Silver, Bitcoin Growth
Rich Dad Poor Dad Creator Robert Kiyosaki He shared his thoughts on why the prices of his three main investment options (gold, silver, and bitcoin) are rising. Rich Dad Poor Dad This guide was co-authored with Sharon Lechter in 1997. It It has been on the New York Times Best Seller List for more than six decades, and more than 32 million copies of the guide have been purchased in more than 51 languages in more than 109 countries.
Kiyosaki Tweeted a question on Tuesday, attempting to understand why bitcoin, silver, and gold are rising. He The answer to his question was that the US’s middle and poor classes are becoming more indebted and poorer. “Please don’t get any poorer,” He confused traders and advised them to buy at least one silver coin, which costs $30 right now, to get richer.
The author stated he expects bitcoin and gold owners to be wealthy when the market crashes. Federal Reserve Prints trillions of dollars every time it spins up “fake” money. He believes that the crash in the stock market will cause a spike in gold and silver prices. In fact, he predicts that gold will reach $3,800 and silver will climb up to $75 over the next 12 months.
“If the Fed continues to raise interest rates, [the] US dollar will strengthen and the prices of gold, silver, and bitcoin will fall. Buy more. When the Fed pivots and lowers interest rates… you will smile while others cry,” Kiyosaki Tweeted in October last year. He has repeatedly said that the Fed’s US financial system will be destroyed by fee hikes, causing the stock, bond, and real estate markets to fail. He urged traders to invest in gold, silver, or bitcoin before the deadline. Fed adjustments.
Kiyosaki States Silver is Affordable
While the author of Rich Dad Poor Dad He has been advocating for gold, silver, and bitcoin for quite some time. His recent tweets highlighted silver as low-cost, inexpensive, and reaffirmed his earlier statement that Silver is the best investment value in the world.”
On Wednesday, Kiyosaki reminded his Twitter followers that he has been “saying to buy silver for years.” It is important to note that silver is the best form of investment because it has been “the worst commodity for 50 years.” He The gold/silver ratio of 1 to 15 is common, meaning that one ounce of gold can buy fifteen ounces of silver. However, he noted that in January “an ounce of gold will buy you 80 ounces. Cheap. Almost 1:100. Silver Going up. Solar and electric cars [and] greens love silver. FOMO,” Kiyosaki emphasized.
Having been a long-time investor in Bitcoin, he said that he had used it in December, and he’s looking for more BTC. He also said that he isn’t a Bitcoin trader, but rather an investor in bitcoin. That’s why he gets excited when the value of BTC dips. In September, he encouraged traders to start investing in crypto prior to the greatest financial disaster in history.
This week, the creator of Rich Dad, Poor Dad warned: “We’re currently in a worldwide recession that has seen skyrocketing homelessness, unemployment, and bankruptcies.” After 75 fee increases at the foundation level, Federal Reserve this week raised the benchmark interest rate by 25 foundation factors to 4.5% to 4.75
