Robert Kiyosaki warns the market, highlights the best assets for investment

Famous Rich Dad Poor Dad author Robert Kiyosaki has made a new declaration concerning the financial market. In his latest post, he went after the United States government spending and the Federal Reserve, while praising Bitcoin as usual. In his post, Kiyosaki warned the financial market like he has always done, but this time revealing […]

Dec 21, 2024 - 13:59
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Robert Kiyosaki warns the market, highlights the best assets for investment

Famous Rich Dad Poor Dad author Robert Kiyosaki has made a new declaration concerning the financial market. In his latest post, he went after the United States government spending and the Federal Reserve, while praising Bitcoin as usual. In his post, Kiyosaki warned the financial market like he has always done, but this time revealing new things.

In his post on X, Kiyosaki shot straight to the point, saying he does not trust the United States government. He discussed the excess spending that the country has made under the last few administrations.

Aside from the government, he also claims he does not trust the Federal Reserve and the United States Treasury. He hailed traders that currently hold silver and gold, noting that he is still at a loss on why people are still not adopting them.

Robert Kiyosaki rips into the United States government 

According to his post on microblogging platform X, Robert Kiyosaki said his distrust for the United States government started in 1965 after he noticed that silver coins were becoming alloys of copper.

In addition, he reminded his followers about the acts of President Nixon in 1971, taking the US dollar off the gold standard. “In 1971 President Nixon continued the theft of our wealth via our money when Tricky Ducky Nixon took the US dollar off the gold standard,” he said.

Kiyosaki revealed that it was during that period that he decided to start saving gold and silver before adding Bitcoin. He noted that the best assets that people need to save are real gold, silver, and Bitcoin.

He said that way, their wealth will not be stolen through the fake money in the system. Kiyosaki said it has always been the same way, highlighting what people do with the dollars. “Keep being ignorant, working hard for fake money, and continue listening to financial planners who will tell you what to do with your fake money,” he said.

Kiyosaki issues crucial warning, makes new Bitcoin prediction 

In typical fashion, Kiyosaki also signaled clear warnings to the general public, noting that things are about to crash. He noted that the imminent crash could be the biggest ever, using a similar tone as his previous warnings. As always, he also believes that only Bitcoin, silver, and gold can save people in the financial market.

This present warning is in line with a long list of warnings that the Rich Dad Poor Dad author has sounded over the last few years. He claims to believe that Bitcoin, an asset that he has been championing can save the entire planet. It remains relatively unknown if this “big market crash” is going to come anytime soon. It is also unknown if it is a scare tactic to push people into adopting Bitcoin. 

Meanwhile, Kiyosaki still thinks Bitcoin could hit as high as $350,000 very soon. In his statement, Kiyosaki credited Trump’s influence while noting that his support for the asset could spell good things for the industry. With Trump eyeing a national Bitcoin reserve, there is optimism that favorable laws, something that the market has been lacking, would be created for the sector.

Kiyosaki has advised the market to start buying bits of the asset. Bitcoin is presently trading at $99,160 after the asset dropped from $108,000 to around $92,000 on Tuesday. The 15% drop came after the Federal Reserve announced rate cuts next year, revealing plans to reduce its dovish policy.

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