Renowned author Robert Kiyosaki, famous for his book “Rich Dad Poor Dad,” has shared his predictions on the future prices of Bitcoin, gold, and silver, alongside a stern warning concerning the risks associated with holding U.S. dollars, which he termed “fake money.”
Kiyosaki’s influential book, “Rich Dad Poor Dad,” has enjoyed enduring popularity, with over 32 million copies sold in 109 countries and more than six years on the New York Times Best Seller List.
Kiyosaki began by expressing his expectations for gold, suggesting that it would exceed $2,100 and then experience a substantial surge.
Gold price at the time of writing. Source: https://www.gold.org/goldhub/data/gold-prices
He cautioned that those who did not acquire gold when it was priced below $2,000 would soon regret it.
Furthermore, Kiyosaki predicted that the price of gold would ultimately reach $3,700. He also foresaw a significant increase in the price of silver, rising from $23 per ounce to $68.
Shifting his focus to the world of cryptocurrency, Kiyosaki mentioned his anticipation of Bitcoin undergoing a testing phase at $30,000.
His projection for Bitcoin’s future was even more striking, as he suggested it would eventually reach $135,000. However, Kiyosaki did not limit his statements to predictions; he issued a stark warning to holders of U.S. dollars, branding them as “fake money.”
He encouraged individuals to awaken to the potential risks associated with holding dollars and share this awareness with their acquaintances.
Kiyosaki has been a vocal advocate for cryptocurrencies, repeatedly highlighting their role in the future financial landscape.
He has also expressed concerns about the potential decline of fiat currencies, particularly the U.S. dollar. In a previous statement, Kiyosaki suggested that Bitcoin would become “priceless” when the Federal Reserve introduced a central bank digital currency (CBDC).
He further advised investors to consider purchasing Bitcoin now, anticipating a surge in cryptocurrency demand as traditional markets, such as stocks, bonds, and real estate, face challenges.
Robert Kiyosaki’s numerous predictions regarding the prices of Bitcoin, gold, and silver have garnered attention.
In August, he asserted that in the event of a global economic crisis, Bitcoin’s price could reach $1 million, with gold surging to $75,000, and silver climbing to $60,000.
In February, he anticipated that the price of Bitcoin would reach $500,000 by 2025, with gold and silver also experiencing significant growth, reaching $5,000 and $500, respectively, within the same timeframe.
Kiyosaki’s insights offer a distinct viewpoint on the future of financial markets and the roles of traditional currencies versus alternative assets like gold and cryptocurrency. While his predictions are bold, they contribute to the ongoing discussion about the evolving landscape of global finance.