Robert Kiyosaki, the famous writer, entrepreneur and former real estate investor, has taken to Twitter to share his insights on why it’s worth investing in Bitcoin, gold, and silver, alongside other major assets. In this article, we will delve deeper into Kiyosaki’s tweets and explore the reasons behind his investment advice.
Retail Prices Dropping: The Right Time to Buy
Kiyosaki tweeted that “rich brands are on sale,” highlighting that the current retail prices are dropping. He advises his followers to start buying before the U.S. government gets systemic inflation back under control. Kiyosaki believes that the current inflation is systemic and not transitory, as government officials and Fed reps have claimed since its onset in 2020 with the spread of the pandemic.
Kiyosaki’s advice is to invest in “rich brands,” which include Prada and Polo shares, gold, silver and Bitcoin, before they get more expensive. Kiyosaki has been recommending the “usual package” of gold, silver and BTC since 2020, when he took to Twitter to announce that the USD was “almost dead.” His view was based on the Federal Reserve printing money to support the economy, and in 2020 alone, over 6 trillion USD were printed “out of the thin air.”
Why Buy Prada and Polo Stocks?
One of Kiyosaki’s followers questioned his advice on buying Prada and Polo stocks, agreeing with the advice on buying Bitcoin and the above-mentioned precious metals. However, Kiyosaki left the question unanswered, leaving room for speculation among his followers.
The Global Financial Crisis is Getting Worse
Earlier this month, Kiyosaki shared on Twitter that he believed the global financial crisis was worsening. He noted that “more and more dominoes” were falling after major U.S. banks began to go bankrupt. These include Silvergate Bank, Silicon Valley Bank, and Signature Bank, all of which were “crypto-friendly” and offered banking services to crypto exchanges and blockchain companies, such as Ripple Labs. Several other banks followed suit.
Interestingly, after Silicon Valley Bank went down, Kiyosaki tweeted that “the third major bank” was ready to fall. He did not share any names, but a few days after his prediction, Signature Bank was proclaimed insolvent. As SVB shut down, the share price of Signature Bank began to tumble.
Betting on BTC to Hit $500,000
Kiyosaki has shared his expectations on how high Bitcoin, gold, and silver may go should the Fed keep the money printer running. He believes that in merely two years, Bitcoin may be worth half a billion USD, gold may surge to $5,000 per ounce, and silver will hit $500 per ounce.
Kiyosaki tweeted that such a massive price rise of safe-haven assets is likely because the U.S. dollar will be destroyed by “fake money” – trillions of USD that the Fed keeps printing. The U.S. government is now bailing out failing U.S. banks, circulating more newly printed USD throughout the U.S. economy.
In conclusion, Robert Kiyosaki’s recent tweets on the current state of the economy and the value of various assets, including Bitcoin, gold, and silver, have garnered attention from his followers and the wider financial community. His views on the systemic inflation caused by the government’s printing of money to support the economy, and his belief that buying “rich brands” such as Prada and Polo shares can be a smart investment, have sparked debate and discussion.
Kiyosaki’s prediction that the global financial crisis is worsening and that more banks may face insolvency has also raised concerns among investors. However, his optimism about the potential value of Bitcoin, gold, and silver in the coming years, with Bitcoin potentially reaching half a million dollars in just two years, is a ray of hope for those looking to invest in safe-haven assets.
As with any investment, it is important to conduct thorough research and consult with financial experts before making any decisions. Kiyosaki’s insights can be a useful starting point for investors looking to diversify their portfolios and hedge against inflation and economic uncertainty.
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