Rich Dad Poor Dad Before the stock, bond, and real estate markets crash and people rush to acquire bitcoin along with gold and silver, author Robert Kiyosaki has recommended investors to purchase bitcoin immediately. According to the well-known author, gold will reach $5,000, silver will reach $500, and bitcoin will cost $500,000 by 2025. In the event of a worldwide economic catastrophe, he believes BTC could reach $1 million.
Robert Kiyosaki Suggests Purchasing Bitcoin Right Now
Robert Kiyosaki, the well-known author of the bestseller Rich Dad, Poor Dad, has urged all investors to purchase gold, silver, and bitcoin before the stock, bond, and real estate markets collapse and a rush of people purchase those three commodities. Kiyosaki and Sharon Lechter co-authored the 1997 book Rich Dad Poor Dad. It has spent more than six years as a best seller in the New York Times. The book has sold more than 32 million copies worldwide in more than 51 different languages.
On Tuesday, Kiyosaki posted on the social media site X that he is frequently questioned about the price of gold, silver, or bitcoin in 2025. He said, "My reply is that is a silly question," adding that the "more important question is how many gold, silver, bitcoins do you have today?" He clarified:
Today's prices for gold, silver, and bitcoin are low, but not tomorrow. The US is bankrupt. Before stocks, bonds, and real estate drop and people rush to buy gold, silver, and bitcoin, buy gold, silver, and bitcoin today.
By 2025, according to Kiyosaki's forecast from February, the price of bitcoin would reach $500,000, the price of gold will reach $5,000, and the price of silver will reach $500. In August, he predicted that if the global economy collapses, bitcoin will increase to $1 million, gold to $75,000, and silver to $60,000, respectively.
A earlier warning from Kiyosaki stated that a "giant crash" is imminent and that the potential of a depression should not be ruled out. He made a prediction about Airbnb leading the real estate market implosion earlier this month.
He predicts that the US economy will experience a hard landing and that the US dollar will eventually disappear. The eminent writer issued a warning that the Federal Reserve would be forced to produce billions of dollars' worth of "fake money." The U.S. dollar is seen by him as phony money, whereas gold, silver, and bitcoin are seen as "people's money" and "God's money," respectively. Kiyosaki claimed last week that cryptocurrency is the future and that conventional money is "toast."
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