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Known as the “Rich Dad Poor Dad” author and financial expert, Robert Kiyosaki has claimed that the world could soon be hit by hyperinflation. Kiyosaki warned that time is running out to invest in Bitcoin 
$96,922, gold, and silver to protect against hyperinflation.
“Buy Gold, Silver, and Bitcoin Before It’s Too Late”
The best-selling personal finance book “Rich Dad Poor Dad” author Robert Kiyosaki told his millions of followers on his personal X (formerly known as Twitter) account that the US dollar is losing value.
Kiyosaki stated, “The good news is gold has reached a new high. The bad news is workers and savers are losing. Another piece of bad news is that I’ve been saying the same thing for 25 years. Don’t be on the losing side. Exit the FAKE money system. Invest in gold, silver, and Bitcoin before it’s too late.”
The famous figure believes that in conditions of hyperinflation, the best-performing assets will be precious metals like gold and silver, along with Bitcoin. He mentioned, “Still, I believe Bitcoin is the best hedge because it’s the people’s money, which means the value of the biggest cryptocurrency is controlled by people, not leaders.”
“I Feel Sorry for Those Who Can’t Invest in Gold, Silver, and Bitcoin”
Moreover, Kiyosaki highlighted the shock of rising prices due to inflation, expressing, “I was shocked by the rising prices due to inflation. Thank God I have plenty of money. Still, I feel sorry for those struggling with paychecks, unable to buy food or fuel, pay rent, or invest in gold, silver, and Bitcoin as I recommended.”
Meanwhile, data showing a slowdown in inflation in the US supports predictions that the Fed has completed its interest rate hikes, leading to a weakening of the US dollar and a drop in bond yields. The US dollar index, which is hovering near its lowest level in three months, and falling bond yields have driven the price of gold per ounce to the highest level in seven months. The price per ounce of silver is trading around $25, the highest level in six months. The price of Bitcoin has risen above $38,000, signaling that it could surpass the year’s highest level of $38,400.
- Hyperinflation may soon impact global economy.
- Robert Kiyosaki advises on gold, silver, Bitcoin.
- US dollar weakness affects precious metal prices.
