Renowned author Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has offered his insights on the future prices of bitcoin, gold, and silver. In a recent post on the social media platform X, Kiyosaki shared his predictions for these assets and gave a stern warning to those holding U.S. dollars, which he referred to as “fake money.” Rich Dad Poor Dad is a well-known financial book co-authored by Robert Kiyosaki and Sharon Lechter, originally published in 1997.
Robert Kiyosaki gives insights into predictions
The book has achieved enduring popularity, spending over six years on the New York Times Best Seller List and selling more than 32 million copies in over 51 languages across 109 countries. Kiyosaki began by expressing his expectations for gold, suggesting that its price would surpass $2,100 and then experience a significant surge. He advised that individuals would soon regret not having acquired gold when it was priced under $2,000. Kiyosaki went on to predict that the price of gold would eventually reach $3,700. Additionally, he foresaw a substantial increase in the price of silver, moving from $23 per ounce to $68.
Turning his attention to the world of cryptocurrency, Kiyosaki mentioned that he anticipated Bitcoin to undergo a testing phase at $30,000. His prediction for the future of Bitcoin was even more remarkable, suggesting that it would eventually reach $135,000. However, Kiyosaki did not stop at providing his predictions. He issued a stark warning to those who hold U.S. dollars, describing them as “fake money.” He advised individuals to “Wake up” and urged them to inform their friends about the potential risks associated with holding dollars.
Kiyosaki warns about the risks of holding the US dollar
On another occasion, Robert Kiyosaki explained the impact of inflation on different segments of society. He argued that inflation tends to erode the wealth of the poor and the middle class since they primarily earn and save in dollars. In contrast, the rich benefit from inflation because they work for and save assets like gold, silver, and bitcoin. Kiyosaki consistently referred to traditional fiat currencies, including the U.S. dollar, as “fake money,” while he regarded precious metals and bitcoin as more reliable forms of currency. He referred to gold and silver as “God’s money” and labeled Bitcoin as “people’s money.”
Kiyosaki has been an outspoken advocate for cryptocurrencies, repeatedly emphasizing their role in the future financial landscape. He has also expressed concerns about the potential downfall of fiat currencies, particularly the U.S. dollar. In a previous statement, Kiyosaki suggested that Bitcoin would become “priceless” when the Federal Reserve introduced a central bank digital currency (CBDC). He further advised investors to consider purchasing bitcoin now, anticipating a surge in cryptocurrency demand as traditional markets such as stocks, bonds, and real estate face challenges.
Robert Kiyosaki has made several predictions regarding the prices of Bitcoin, gold, and silver. In August, he asserted that in the event of a global economic crisis, the price of Bitcoin could reach $1 million, with gold surging to $75,000, and silver climbing to $60,000. In February, he anticipated that the price of Bitcoin would reach $500,000 by 2025, with gold and silver also experiencing significant growth, reaching $5,000 and $500, respectively, within the same timeframe. Robert Kiyosaki’s insights provide a unique perspective on the future of financial markets and the role of traditional currencies versus alternative assets like gold and cryptocurrency. While his predictions may be bold, they underscore the ongoing debate about the changing landscape of global finance.
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