Everyone dreams of a wealthy life, overflowing with money and without facing financial hardships even in adverse conditions. To achieve this, people put tremendous effort into their work, yet not everyone realizes this dream. Some rush into investments like the stock market, bonds, and real estate to get rich quick, but Robert T. Kiyosaki, the author of 'Rich Dad Poor Dad,' holds a different perspective. He once again emphasizes the importance of relying on gold, silver, and Bitcoin during challenging times.
'Stocks, Bonds, and Real Estates will Crash'
Renowned author Robert T. Kiyosaki often provides investment advice through social media, mainly advocating for precious metals like gold and silver. Recently, in a post on his now-obsolete Twitter account, he urged his followers to invest in these assets. He stated, 'Everything is a bubble... Stocks, bonds, and real estates are about to crash.'
Significant Advice for Investors
In his post, he also mentions the ever-increasing US debt, noting that every 90 days, it grows by a trillion dollars, and America is heading towards bankruptcy. His advice is cautionary—'Protect yourself, please buy gold, silver, Bitcoin'. To put it plainly, Robert Kiyosaki warns that everything is on the brink of destruction, and for support during tough times, gold, silver, and Bitcoin are the only safe havens.
In a social media post about Bitcoin, he referred to Cathie Wood's prediction that Bitcoin could reach $2.3 million. He trusts her judgment, stating, 'If Cathie is right, I would like to purchase even more.' He believes that the richest and happiest people are those who make mistakes and learn from them. Kiyosaki also shares the belief that Bitcoin could reach as high as $2.3 million.
Previously Highlighted Silver as a Means to Wealth
Kiyosaki has periodically recommended investing in gold and silver, notably bullish on silver. In a post last year, he urged investing in silver and highlighted that the opportunity for the poor to become rich has arrived. 'This is the time for the poor to become rich through silver investment,' he said. He speculated that the price of silver would remain around $20 for 3 to 5 years and could surge to between $100 and $500 in the future. According to the author of 'Rich Dad Poor Dad,' silver is affordable for everyone, suggesting that even the less fortunate can invest in silver. Hence, he advised, 'Invest in silver now.'