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Robert Kiyosaki backs Bitcoin, Gold, and Silver amid inflation surge

TL;DR

  • Kiyosaki endorses Bitcoin, gold, and silver to combat inflation and criticizes fiat money.
  • He blames the “woke government” for inflation, promoting alternative assets.
  • Kiyosaki predicts soaring gold prices, a $1 million Bitcoin in a market crash, and advises diversifying investments.

Renowned author and financial educator Robert Kiyosaki has continued to champion alternative assets like Bitcoin, gold, and silver as a hedge against escalating inflation. With the global economic landscape facing growing uncertainty, Kiyosaki has urged his followers to divest from fiat currencies, which he dubs the “fake money system.”

Bitcoin, Gold, and Silver gain prominence as inflation looms

As inflationary pressures intensify worldwide, the price of gold recently surged past the $2,000-per-ounce mark, demonstrating a robust recovery amid the erosion of fiat currencies’ value. Kiyosaki, a fervent supporter of the Bitcoin ecosystem, has leveraged his platform to recommend alternative investments to his substantial following of over 2.4 million on social media.

In a candid declaration, Kiyosaki contended that individuals attempting to save money within the traditional financial system were destined for disappointment, labeling them as “losers.” 

He advocated for diversifying one’s portfolio into tangible assets such as gold, silver, and Bitcoin, emphasizing the urgency of the move, stating,

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

On November 23rd, Kiyosaki attributed the surging inflation and the ensuing daily hardships to what he described as the “woke government.” Expressing his disillusionment with the actions of leaders, Kiyosaki asserted that these decisions primarily contributed to the prevailing global issues of war and poverty. 

This sentiment underpins his ongoing shift from fiat assets to cryptocurrencies like Bitcoin and precious metals like gold and silver.

Predictions for the Future

Kiyosaki’s predictions have garnered considerable attention in the financial world. On October 20th, he foretold that gold’s price would soon surpass $2,100 and went further to anticipate a rally to $3,700 in the near future. 

Additionally, in August 2023, Kiyosaki forecasted that Bitcoin would attain a value of $100,000. He attributed this projection to geopolitical tensions that threatened global prosperity.

However, the author and educator didn’t stop there. In the event of a stock and bonds market crash, Kiyosaki envisaged a meteoric rise in the price of Bitcoin, surging to $1 million. He also anticipated significant appreciation in the value of gold and silver, reaching $75,000 and $65,000, respectively.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Benson Mawira

Benson is a blockchain reporter who has delved into industry news, on-chain analysis, non-fungible tokens (NFTs), Artificial Intelligence (AI), etc.His area of expertise is the cryptocurrency markets, fundamental and technical analysis.With his insightful coverage of everything in Financial Technologies, Benson has garnered a global readership.

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