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Robert Kiyosaki, the author of the best-selling personal finance book “Rich Dad Poor Dad,” which has been on the bestsellers list for six consecutive years, has once again made a statement that there will be a significant increase in the value of precious metals such as gold and silver, as well as Bitcoin 
$108,661 (BTC).
Kiyosaki’s Revolutionary Silver Commentary
In his recent post on his personal X account, Robert Kiyosaki emphasizes that gold and silver are precious metals believed to be gifts from God. He states, “Gold and silver were sent to the world by God. The problem is that gold is much more expensive than silver. Moreover, as silver, which has industrial value, is used, it becomes even rarer. In my opinion, silver is a better long-term investment than gold. And the best part is that anyone can easily buy silver.”
Currently, gold is trading at $1,195 per ounce, while silver is trading at $22.69 per ounce. This means that silver is much cheaper than gold and more accessible.
Kiyosaki also expects significant increases in the value of gold, silver, and Bitcoin throughout the year, pointing out the high fragility of the US economy. The renowned investor expects the rapidly increasing US debt to gradually decrease the value of the US dollar and further increase the role of gold, silver, and Bitcoin.
In a similar comment last month, the author of “Rich Dad Poor Dad” stated that he expects the price of Bitcoin to reach $120,000 in the short term. Kiyosaki’s expectation is based on the upcoming Bitcoin block reward halving, scheduled to take place in April 2024.
Analysts’ Comments on Gold and Bitcoin
Many prominent figures in global financial companies have made notable comments about Bitcoin. Larry Fink, the CEO of BlackRock, the world’s largest asset management company, praised Bitcoin on a TV program after applying to the US Securities and Exchange Commission (SEC) for a spot Bitcoin ETF. Fink went so far as to say that BTC is digital gold.
On the other hand, Ray Dalio, the founder of the world’s largest hedge fund Bridgewater Associates, participated in the ongoing debate between Bitcoin and gold and stated his preference for gold. Dalio, who expects the price of gold to rise, expressed that he chooses gold over Bitcoin. Despite holding a small amount of BTC, Dalio argued that the largest cryptocurrency is not suitable as a store of value or currency due to its high volatility.
