BasEx | Robert Kiyosaki's Advice on Gold and Bitcoin
Robert Kiyosaki Urges Buying Gold and Bitcoin Due to Inflation
25.11.2023
Robert Kiyosaki Urges Buying Gold and Bitcoin Due to Inflation

Author of the famous book "Rich Dad Poor Dad" and renowned entrepreneur Robert Kiyosaki has recommended investing in gold, silver, and bitcoin amidst increasing inflation in the USA.

"True capitalists lower the cost of goods, thereby contributing to deflation. Marxists, on the contrary, raise prices, leading to inflation. Our leaders lean towards Marxism, hence the inflation. Protect yourself from Marxist managers. Acquire gold, silver, and bitcoins, not dollars" he declared.

Kiyosaki has repeatedly advised his followers to consider alternative investment instruments. In September 2022, he predicted "the biggest crash in history," and in October, he recommended investing in Bitcoin and other digital assets amid rising Federal Reserve rates.

In February 2023, the businessman forecasted the rise in Bitcoin's value to $500,000 by 2025, calling it the best protection in unstable times, but warned of its high volatility.

In March, Kiyosaki urged investing in digital gold and precious metals ahead of the "emergency landing" due to problems at American banks. He repeated his recommendations in April and May.

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