Robert Kiyosaki, a famous investor and author of the best-selling book “Rich Dad, Poor Dad,” has lately issued an extensive list of warnings, along with his repeated predictions of an impending financial meltdown that may include the whole globe.
In an X post from February 25, Kiyosaki warned his followers to exercise caution due to what he sees as a worsening banking crisis, an increasing threat of war, and the possibility that the US government may seize the chance to push for a central bank digital currency (CBDC) in order to conduct domestic surveillance.
Concurrently, the well-known financial educator revealed his plan to sidestep the previously mentioned threats. This plan involves accumulating a larger supply of silver coins, especially Bitcoin (BTC), which he dubbed the “greatest bargain.” He vowed to utilize these coins as currency rather than “US fake dollars.”
Remember that Kiyosaki has always been on record as being in favor of the DeFi flagship, silver, and the precious metals gold and silver. However, recently he has seemed to distance himself from gold, suggesting that its price might go “perhaps below $1,200.”
Alternatively, he is of the opinion that Bitcoin and silver “will take off,” as reported on February 19 by Finbold. He has previously expressed his expectation of even stronger gains for Bitcoin than what it has recently experienced, suggesting that its price might reach $100,000 by June 2024.
Meanwhile, as of this writing, the first cryptocurrency was trading at $51,318 per coin, showing a little decline of 0.72% over the last 24 hours and 2.09% over the past week. However, it managed to cling onto its 23.14% gain on the monthly chart, according to data from February 26.
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