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Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad” and a prominent entrepreneur, has consistently championed alternative investment strategies that defy conventional norms.
Over the years, Kiyosaki’s penchant for Bitcoin, gold, and silver has remained steadfast, and he recently reaffirmed their importance as a safeguard against economic turmoil.
During a recent appearance on The Daniela Cambone ShowKiyosaki underscores the benefits of tangible assets such as gold and silver, emphasizing their intrinsic value, especially in times of uncertainty.
He expressed skepticism of Exchange-Traded Funds (ETFs) and advocated for the security afforded by physically held assets.
Exchange-Traded Funds (ETFs) are investment funds traded on the stock exchange, consisting of a diversified portfolio of assets such as stocks, bonds, commodities, or a combination thereof.
These funds offer investors exposure to multiple markets without having to purchase individual securities.
However, Kiyosaki’s preference for physical assets stems from his belief in their resilience during economic downturns, unlike the potential vulnerability of ETFs.
Robert Kiyosaki Inquires Financial Institutions
Kiyosaki’s skepticism isn’t limited to ETFs; he also expressed distrust of major financial institutions, including the federal government, the United States Federal Reserve, Wall Street, and the Department of the Treasury.
In his interview with Cambone, he has openly articulated his disbelief in this entity. Advising others with similar concerns, he warns against saving in US dollars and recommends avoiding bonds.
BITCOINS to $100k. Saying for years gold & silver of GOD’s money. BITCOIN people $. Bad news IF stock & bond markets crash, gold & silver skyrocket. WORSE NEWS IF world economy collapses BC $1m Gold $75K silver to $60k. FAKE US$ F’d SAVER. DEBT is too high. Mom, Pop & the kids in…
— Robert Kiyosaki (@theRealKiyosaki) August 14, 2023
Meanwhile, on social media platform X, the financial maven created a bold predictions about the future of Bitcoinestimates its value has jumped to $100,000.
While he acknowledged the potential crash of the stock and bond markets, he also predicted unprecedented highs in gold and silver, calling them “God’s money”.
Robert Kiyosaki highlighted the vulnerability of those who keep their wealth amid a weakening US dollar, especially in times of economic instability.
Bitcoin (BTC) trading at $29,165 today. Chart: TradingView.com
Robert Kiyosaki And His Stand On Bitcoin And Precious Metals
At this time, the Bitcoin price stands at $29,160 according CoinGecko. While the cryptocurrency saw a slight decline of 0.4% in the last 24 hours, the seven-day drop measured 1.5%.
These fluctuations further reinforce Kiyosaki’s message to seek financial security outside the traditional channels.
Robert Kiyosaki’s unwavering support for Bitcoin, gold, and silver as a hedge against economic turmoil reflects his commitment to exploring innovative avenues for preserving wealth.
With a critical view of the conventional financial system and a penchant for alternative assets, Kiyosaki’s insights continue to challenge individuals to consider diverse investment strategies in an ever-changing financial landscape.
Featured image from Nation View
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