Top financial pundit Robert Kiyosaki has reiterated the merits of owning gold, silver, and Bitcoin amid heightened global economic instability.
Kiyosaki has long prophesied about a global market crash, as seen in his book “Rich Dad Poor Dad,” first published in 1997. With his economic projections seemingly on the verge of coming to fruition, he has recommended three alternative assets as safe havens.
Robert Kiyosaki Recommends Bitcoin
In a tweet on June 23, the financial author reasserted his opinion that a global monetary collapse might be coming. To prevent financial loss in such cases, Kiyosaki advised savvy investors to buy Bitcoin, gold, and silver.
He asked if the impending economic crisis, stemming from the burst of the “biggest debt bubble in history,” will either make you richer or poorer. Recall that he has described this collapse as one characterized by hyperinflation and a global monetary collapse.
As a result, Kiyosaki advocates for a divestment from “fake fiat money,” especially the bond market. Interestingly, bonds have been on the edge as tariff skepticism and growing budget deficits continue to discourage investors.
For context, the US debt stands at $37 trillion, with Donald Trump’s “Big, Beautiful Bill” further raising concerns that America would keep borrowing. Meanwhile, this concern is not unique to the US; several other countries are facing similar national debt issues.
Kiyosaki stressed that those who save in fiat or buy bonds despite the anticipated economic meltdown will be the “biggest losers.” However, according to him, those who acquire Bitcoin or hold precious metals like gold and silver will be richer.
To conclude, he urged investors to be winners, take action, and get richer. In contrast, he assured that those who choose to cling to outdated notions about money would become poorer.
Kiyosaki’s Bullish Bitcoin Stance
Meanwhile, the financial pundit has been big on Bitcoin, calling it the future of money at one time. On several occasions, he had emphasized the advantage of holding Bitcoin over fiat, calling the former the biggest opportunity in history.
While Kiyosaki had urged investors not to focus on Bitcoin’s price but on how much of it they hold, he still expects BTC’s valuation to continue growing. Earlier, he predicted that Bitcoin would surge to $200,000 by the end of this year and $1 million by 2030.
Interestingly, his post comes as Bitcoin briefly dropped below $99,000 on Sunday. The flagship cryptocurrency corrected by nearly 2% on the day, with a decline to $98,330 before rebounding to $101,000.
As of today, BTC has continued its recovery, reclaiming $102,000 at the time of writing.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
