"Rich Dad"-Author Robert Kiyosaki: That’s why investors should invest in Bitcoin – gold and silver are also recommended for purchase

• “Rich Dad Poor Dad” author criticizes US inflation policy
• Investing in Bitcoin, Gold and Silver recommended
• Strong price target set for Bitcoin

“Rich Dad Poor Dad” author Robert Kiyosaki

Robert Kiyosaki is best known for his “Rich Dad Poor Dad” book series, which aims to help people take control of their finances and assets. The first volume in the series, originally published in 1997, became an international bestseller and, according to Kiyosaki, is “still the number 1 financial book.” In addition to numerous other books, the investor and entrepreneur also offers his knowledge on his website in the form of blog entries and has also launched his own board game, “Cashflow,” which he sells through his online shop. In addition, the self-proclaimed advocate of financial education also comments on market events via his profile on the short message service and Twitter successor X.

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Inflation stands in the way of financial independence

This was also the case at the end of November, when Kiyosaki via Although he himself is only partially affected by high consumer prices because he has sufficient wealth “thank God”, he still feels sorry for consumers from lower income classes. “I feel for the people who can’t afford food, rent and fuel,” said Kiyosaki. Accordingly, there is often not enough money left over to invest and thus become financially independent, as the best-selling author wrote. The investments in Bitcoin and precious metals that Kiyosaki repeatedly recommends are simply not possible with such high consumer prices.

I am shocked at the rising prices of INFLATION. Thank God I have plenty of money. Yet I feel for those who struggle to paycheck to payeck. I feel for people who cannot afford food, rent, & fuel and cannot afford to invest in Gold, Silver, and Bitcoin as I suggest. Our “Woke”…

– Robert Kiyosaki (@theRealKiyosaki) November 23, 2023

“Woke” US government responsible for misery

The entrepreneur also quickly identified someone to blame for this negative development: “Our ‘woken’ liberal leaders and educators are Marxists and not capitalists,” criticized Kiyosaki. “If our woke leaders were capitalists, prices would fall and prosperity would spread.” In order to achieve this goal, “MAGA” must be voted for in the upcoming US presidential election. The acronym stands for “Make America Great Again” and was primarily used in the election campaign of Donald Trump known who advertised with the slogan. According to information from “Bezinga”, the hit author has not been at a loss to criticize Trump’s presidential successor Joe Biden in the past, for example when it comes to his handling of US inflation. Trump himself, on the other hand, has supported Kiyosaki for years. In 2006, the book “Why We Want You to Be Rich” was published, a joint guide in which Trump and Kiyosaki recommend their readers to gain financial knowledge and deal with entrepreneurship.

Gold rally in view

The investor keeps preaching that investors should invest in gold, silver and Bitcoin. And so he did not leave uncommented on the recent rise in the price of gold above the $2,000 threshold. “Good news: Gold hits new high,” Kiyosaki said on his X profile, despite the fact that the last record high was reached in 2020 at $2,075.

Great News Gold reaches new high. Bad News: Workers and savers are losers. Bad News: been saying the same for 25 years. Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.

– Robert Kiyosaki (@theRealKiyosaki) November 26, 2023

Exit from the “wrong monetary system”

However, the recovery rally of the yellow precious metal is not beneficial for all market participants, as he then explained. “Bad news: Employees and savers are losers. Bad news: We’ve been saying that for 25 years.” Not only do workers suffer from low wages, high consumer prices and a resulting low investment rate, but it is simply not worth hoarding cash. As the expert wrote on his profile, investors should urgently get out of the “wrong monetary system” and instead invest in precious metals and cryptocurrencies. “Get into gold, silver, Bitcoin now… Before it’s too late,” Kiyosaki suggested to his followers.

Optimistic Bitcoin price target

Back in August, the “Rich Dad” author stated that Bitcoin would rise to at least $100,000 in the future. If the global economy collapses, the crypto veteran could even jump to a million US dollars. According to the entrepreneur, the losers in this case would also be the savers who cling to their “false US dollar”. “I hope I’m wrong. Please take care of yourself,” said Kiyosaki.

Editorial team finanzen.net