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Robert Kiyosaki, the famend writer of “Wealthy Dad Poor Dad” and a outstanding entrepreneur, has persistently championed different funding methods that defy standard norms.
Through the years, Kiyosaki’s fondness for Bitcoin, gold, and silver has remained steadfast, and he just lately reiterated their significance as a safeguard towards financial turmoils.
Throughout a current look on The Daniela Cambone Present, Kiyosaki underscored the deserves of tangible belongings like gold and silver, emphasizing their intrinsic worth, notably throughout unsure instances.
He expressed skepticism in the direction of Alternate-Traded Funds (ETFs) and advocated for the safety offered by physically-held belongings.
Alternate-Traded Funds (ETFs) are funding funds traded on inventory exchanges, composed of a diversified portfolio of belongings reminiscent of shares, bonds, commodities, or a mix thereof.
These funds supply traders publicity to numerous markets with out having to buy particular person securities.
Nevertheless, Kiyosaki’s desire for bodily belongings stems from his perception of their resilience throughout financial downturns, in contrast to the potential vulnerability of ETFs.
Robert Kiyosaki Questions Monetary Establishments
Kiyosaki’s skepticism isn’t restricted to ETFs; he has additionally expressed distrust in the direction of key monetary establishments, together with the federal authorities, the USA Federal Reserve, Wall Avenue, and the Treasury.
In his interview with Cambone, he brazenly articulated his lack of religion in these entities. Advising others who share his considerations, he cautioned towards saving in US {dollars} and really helpful steering away from bonds.
BITCOIN to $100k. Saying for years gold&silver GOD’S cash. BITCOIN peoples $. Unhealthy information IF inventory & bond market crash gold&silver skyrocket. WORSE NEWS IF world economic system crashes BC $1 million Gold $ 75K silver to $60k. SAVERS of FAKE US $ F’d. DEBT too excessive. Mother, Pop & children in…
— Robert Kiyosaki (@theRealKiyosaki) August 14, 2023
In the meantime, on the social media platform X, the monetary guru made a daring prediction about the way forward for Bitcoin, forecasting its worth to soar to $100,000.
Whereas he acknowledged the potential for inventory and bond market crashes, he additionally predicted unprecedented highs for gold and silver, referring to them as “God’s cash.”
Robert Kiyosaki highlighted the vulnerability of those that retailer their wealth within the diminishing worth of the US greenback, particularly in instances of financial instability.
Bitcoin (BTC) buying and selling at $29,165 at the moment. Chart: TradingView.com
Robert Kiyosaki And His Stance On Bitcoin And Valuable Metals
As of the present second, the value of Bitcoin stands at $29,160 in accordance with CoinGecko. Whereas the cryptocurrency skilled a slight 0.4% stoop within the final 24 hours, its seven-day decline measured 1.5%.
These fluctuations solely additional amplify Kiyosaki’s message of in search of monetary safety past conventional avenues.
The unwavering help of Robert Kiyosaki for Bitcoin, gold, and silver as hedges towards financial volatility displays his dedication to exploring modern avenues for safeguarding wealth.
With a vital eye on standard monetary methods and a penchant for different belongings, Kiyosaki’s insights proceed to problem people to think about various funding methods in an ever-changing monetary panorama.
Featured picture from The Nation View
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