Robert Kiyosaki, author of “Rich Dad Poor Dad,” is sounding the alarm about an impending global financial crisis. He believes the current system, based on inflation and currency devaluation, is unsustainable.
A Failing System?
Kiyosaki, with a large following on X (formerly Twitter), argues that the US government’s history of devaluing the dollar hurts American savers. He calls the dollar “fake money,” emphasizing the government’s ability to print more at will. He cites the removal of the US dollar from the gold standard in 1971 as a key moment where the government, in his view, started to undermine the value of the dollar. He urges people to stop blindly trusting financial advice that deals with this “fake money.”
Safe Haven Assets: Gold, Silver, and Bitcoin
Kiyosaki recommends shifting wealth into scarce assets as protection against this predicted crash. He specifically names gold, silver, and Bitcoin (BTC) as the best options. He believes these assets will hold their value during a financial crisis. He thanked those already holding these assets, calling them the best investment currently available.
Kiyosaki’s Bitcoin Strategy
Kiyosaki revealed his personal investment strategy, aiming to own 100 BTC within a year, regardless of price. He currently owns 73 BTC and is comfortable exchanging dollars for what he considers “real money” – Bitcoin. He’s making this move despite Bitcoin’s current high price.
Disclaimer: This information is for general knowledge and does not constitute financial advice. Always conduct thorough research and consult with a financial advisor before making investment decisions.
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