Robert Kiyosaki, the author of the “Rich Dad Poor Dad” series, recently shared his financial predictions for silver, gold, and Bitcoin BTC -0.06%, sparking widespread discussions among investors and financial analysts.
Kiyosaki, a financial educator and entrepreneur, has been a significant figure in personal finance literature since the publication of “Rich Dad Poor Dad” in 1997. The book, which contrasts the financial philosophies of his “Rich Dad,” a savvy businessman, and his “Poor Dad,” a well-educated man with traditional views on money, has sold millions of copies worldwide.
Beyond his written works, Kiyosaki has developed educational games, hosted seminars, and made numerous television and podcast appearances, sharing his financial insights. His views on the financial markets, real estate, and investment strategies have earned him a vast and dedicated social media following.
Many in investment circles respect his voice, and his financial predictions are often deemed noteworthy. This respect is further enhanced by his successful background in entrepreneurship and real estate.
In recent years, Kiyosaki has expressed skepticism towards the Federal Reserve’s economic policies, especially in light of various financial crises. He has consistently advised his vast social media audience to protect themselves from anticipated high inflation rates by investing in silver, gold, and Bitcoin. In a 2021 episode of Anthony Pompliano’s “Pomp Podcast,” Kiyosaki referred to gold and silver as “God’s money” and Bitcoin as “open source people’s money.” Moreover, at the end of 2022, he emphasized Bitcoin’s commodity status as a safeguard against potential future actions by the U.S. Securities and Exchange Commission (SEC).
Recently, Kiyosaki took to social media to share more of his financial forecasts. He predicted that gold prices would soon surpass the $2,100 mark and could eventually reach as high as $3,700. He also indicated that Bitcoin, currently hovering around the $30,000 level, has the potential to soar to $135,000. Additionally, he foresaw silver prices rising from $23 to $68 per ounce.
Kiyosaki concluded his post with a cautionary note, warning that those who save in “fake dollars” would face financial repercussions and urged individuals to be vigilant about their financial decisions.
