Financial expert Robert Kiyosaki, famous for his book Rich Dad, Poor Dad, recently triggered speculation by recommending money on bitcoin and gold.
Money – The best of three?
Kiyosaki estimates that money is set for substantial growth and predicts that its price could soar at $ 200 per ounce, arousing the excitement of investors. Although he is a longtime defender of Bitcoin, in a recent post, Kiyosaki wrote: “Money for the next two months is the best of three, Gold, Silver and Bitcoin.”
He predicts that Silver could reach $ 70 per ounce soon and perhaps reach $ 200 in a year or two. He bases these forecasts on his concerns concerning the devaluation of fiduciary currency and the increase in inflation.
Kiyosaki warns against false money
Kiyosaki has long warned of relying on the fiduciary currency, the appellant “false money”. Instead, he encourages people to invest in real assets such as gold, silver and bitcoin. However, he pointed out that, unfortunately, most people work and save “false money”. He thinks that this will harm their purchasing power because inflation increases the prices of gold, money and bitcoin, which he calls “government flight”, which saves the economists of fiduciary money.
“I want you to become richer … not poorer. Please start working and saving gold, money and bitcoin, “ He shared. He also added that the good news for the moment is that almost anyone can afford at least one piece of money today, but it may not be the case tomorrow.
Recently, Kiyosaki shared that President Trump, recognizing the value of Bitcoin, will possibly use it to help solve financial problems in the United States accordingly, those who have kept their bitcoin will benefit from it, while those who sold it will miss.
Kiyosaki criticizes ETF Crypto
Kiyosaki criticized the Crypto ETF, the artificial and misleading calls, masking the true value of the assets they represent. He stressed that gold, silver and bitcoin have real and intrinsic value beyond their digital forms. “Do what suits you best, but I would never buy gold ETFs, silver or bitcoin. In my opinion, FNBs are as false as American and American obligations,” he said.
He also accused the federal reserve and corruption banks, labeling the US dollar as a scam, while advocating bitcoin as the real real asset.
