R. Kiyosaki discloses assets to safeguard oneself from the Federal Reserve’s “criminal” policies
Robert Kiyosaki has disclosed assets to safeguard one’s wealth in the face of what he considers to be “criminal” policies of the United States government, which includes the Federal Reserve (the “Fed”) and the Treasury, as he continues to issue warnings.
In a recent episode of his The Rich Dad Channel podcast, which was streamed on August 7, the well-known investor and author of the best-selling personal finance book “Rich Dad Poor Dad” declared that the Federal Reserve is currently violating US law with its actions.
During a conversation with Brien Lundin, CEO of the New Orleans Investment Conference and editor of the Gold Newsletter, and Anthony Pompliano, an entrepreneur, technology investor, and Bitcoin (BTC) enthusiast, Kiyosaki explicated the strategies that can be implemented to safeguard oneself from the Federal Reserve’s policies:
“In this era of unlimited [quantitative easing (QE), the Federal Reserve will purchase all assets, including junk bonds, in violation of the Federal Reserve’s constitution. Additionally, the Federal Reserve and the United States Treasury have merged. Therefore, in my view, the most significant investments of the present day are gold, silver, and Bitcoin, or the crypto market.”
Furthermore, Kiyosaki emphasized that one of the reasons he supports “gold, silver, and cryptocurrencies like Bitcoin is that they are outside the system, outside the Fed and the Treasury. Additionally, the general populace is unaware of the information I have just provided. They are unaware of the Federal Reserve and the Treasury.”
Lastly, the author emphasized that “gold, silver, and crypto currencies such as Bitcoin are not investments; they are insurance policies. This is due to the fact that the Federal Reserve and Treasury have engaged in criminal activities and are currently purchasing a variety of assets, including junk bonds. This implies that they will print money in a manner that has never been seen before in the history of the world.”
Meanwhile, the assets that Kiyosaki is actively advocating for as a means of self-protection are trading with relative success. According to the most recent data retrieved on August 9, Bitcoin has reclaimed the critical $60,000 level, gold has reclaimed the $2,420 per ounce mark, and silver is currently trading at $27.60 per ounce.
However, it is imperative to conduct thorough research, remain informed about pertinent news, and comprehend all the risks associated with investing, as markets are susceptible to fluctuations, and precious metals and crypto assets are no exception.
Also Read: Trump sons caution memecoin pump-and-dump threats