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Gilded Wisdom: Kiyosaki's Financial Frontier
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Robert Kiyosaki, the renowned author of the widely acclaimed personal finance guide "Rich Dad Poor Dad," has once again voiced his resolute endorsement for assets such as Bitcoin (BTC), gold, and silver, particularly as the specter of inflation looms, threatening to disrupt living standards on a global scale.
In the midst of economic fluctuations, Kiyosaki stands as a staunch supporter of the Bitcoin ecosystem. In a recent proclamation to his expansive following of over 2.4 million on X (formerly Twitter), he urged individuals to reevaluate their reliance on traditional fiat currencies, branding them as mere components of the "fake money system" that poses risks to financial stability.
Great News Gold reaches new high. Bad News: Workers and savers are losers. Bad News: been saying the same for 25- years. Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.
— Robert Kiyosaki (@theRealKiyosaki) November 26, 2023
In his characteristic candid style, Kiyosaki dismissed the conventional wisdom of saving money, deeming those who adhere to such practices as "losers." Instead, he passionately advocated for alternative investment avenues, passionately urging followers to consider embracing the enduring value of gold, the resilience of silver, and the revolutionary potential of Bitcoin:
"Embrace a winner's mentality. Break free from the illusions of the FAKE money system. Embrace the tangible allure of gold, the enduring strength of silver, and the groundbreaking potential of Bitcoin now… Seize the moment before the window of opportunity closes."
As of November 23, Kiyosaki attributed the surge in inflation and the ensuing daily hardships to what he termed the influence of the "woke government."
I am shocked at the rising prices of INFLATION. Thank God I have plenty of money. Yet I feel for those who struggle paycheck to payeck. I feel for people who cannot afford food, rent, & fuel and cannot afford to invest in Gold, Silver, and Bitcoin as I suggest. Our “Woke”…
— Robert Kiyosaki (@theRealKiyosaki) November 23, 2023
Undeterred by these challenges, he continued to emphasize his ongoing shift from conventional fiat assets to the digital realm of Bitcoin and the time-tested allure of precious metals. His core belief remains rooted in the conviction that "leaders don't care about you," reducing their actions to mere catalysts for conflict and impoverishment. It's worth noting that on October 20, Kiyosaki made a prescient forecast of gold's price reaching $2,100, foreseeing a subsequent rally to $3,700.
Fast-forwarding to August 2023, Kiyosaki offered insights into the trajectory of Bitcoin, predicting a notable ascent to $100,000, alluding to the geopolitical issues that cast shadows over global prosperity.
BITCOIN to $100k. Saying for years gold&silver GOD’S money. BITCOIN peoples $. Bad news IF stock & bond market crash gold&silver skyrocket. WORSE NEWS IF world economy crashes BC $1 million Gold $ 75K silver to $60k. SAVERS of FAKE US $ F’d. DEBT too high. Mom, Pop & kids in…
— Robert Kiyosaki (@theRealKiyosaki) August 14, 2023
However, in a hypothetical scenario where the stock and bonds market experiences a catastrophic collapse, Kiyosaki speculated on Bitcoin's meteoric rise to an astonishing $1 million. In this envisioned financial landscape, the value of gold and silver would appreciate significantly, reaching $75,000 and $65,000, respectively.
In summary, Kiyosaki's unyielding commitment to advocating for diversified asset portfolios serves as a clarion call for his followers to navigate the intricate currents of the financial world with prudence and strategic acumen, especially in the face of the prevailing economic uncertainties.
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