Global Financial Crisis Ahead? Kiyosaki Urges Investment in Gold, Silver, and Bitcoin
Renowned businessman Robert Kiyosaki, author of the highly successful financial book series “Rich Dad Poor Dad,” recently published an article on X warning of the possibility of a global financial crisis. He advised people to invest in gold, silver and Bitcoin to protect their wealth. Here’s what you should know.
Why Kiyosaki doesn’t trust the U.S. financial system
The popular financial writer is a strong critic of the U.S. government, Treasury Department and Federal Reserve, denouncing the existing financial governance system as a “den of thieves.”
The 77-year-old business leader said he lost trust in America’s established institutions after silver coins were replaced by alloys in 1965.
He also pointed to the removal of the gold standard by the Nixon regime in 1971 as another reason for his distrust of the U.S. government and its established economic system dominated by the U.S. dollar.
The case for gold, silver and bitcoin
The American businessman dismissed fiat currencies as fake money and advised people to invest in gold, silver and Bitcoin.
This is not the first time he has publicly questioned the credibility of fiat currencies. In some recent interviews, he explained how fake money was used to rob people.
Criticisms of financial planners and the education system
Highlighting how financial planners can mislead people, Kiyoski recommends being prepared by learning about money and investing independently using possibilities such as YouTube videos.
All in all, Kiyosaki’s message is clear: Protect your wealth by investing in real assets and educating yourself. As financial uncertainty looms, his advice about thinking independently about money is even more important.