Cryptocurrency market continues to receive notable comments. According to the famous author of “Rich Dad Poor Dad,” Robert Kiyosaki shared his thoughts, which gained attention among his followers. He reiterated his support for commodity assets like Bitcoin, gold, and silver in the face of the global threat of inflation lowering living standards.
Kiyosaki’s Significant Statements
The rise in the commodity market continues to attract many investors’ interest. Accordingly, the price of gold recently surpassed $2,000 per ounce, indicating a stable recovery in a market environment where the value of globally accepted fiat currencies is weakening.
In addition to the rise on the gold front, Kiyosaki, a strong supporter of the Bitcoin ecosystem, advised his more than 2.4 million followers on social media to reduce their reliance on what he calls the “fake money system” of fiat currencies, drawing attention to the inflation issue.
Kiyosaki says that an average person trying to save money by sticking to fiat currencies is actually losing in these market conditions; he recommends commodity investment products like gold, silver, and Bitcoin. He stated the following on social media:
“Do not be a loser. Get out of the fake money system. Invest in gold, silver, and Bitcoin now. Before it’s too late.”
On November 23, Kiyosaki criticized a complacent government for the rising inflation and the ensuing daily struggle, bringing clarity to an important issue.
Striking Predictions for Bitcoin
The famous figure continues to shift his fiat currency assets into Bitcoin and precious metals because he believes “government leaders do not care about you” and their actions lead to problems like war and poverty. On October 20, Kiyosaki predicted that the price of gold would soon reach $2,100 and subsequently expected it to rise to $3,700 in the near future.
In August 2023, considering the geopolitical problems threatening global prosperity, Kiyosaki claimed that the price of Bitcoin would reach $100,000 in the short term. However, if the stock and bond markets crash during this period, Kiyosaki foresees Bitcoin’s price skyrocketing to $1 million, and the prices of gold and silver rising to $75,000 and $65,000, respectively.
- Robert Kiyosaki supports Bitcoin and precious metals.
- Gold prices signal a market recovery amid inflation.
- Kiyosaki predicts significant rises in commodity values.