'Rich Dad' Who Told You to Buy Bitcoin Sells It Off, Now Strongly Recommends 'This' to Quadruple
On the 23rd, "Rich Dad" Robert Kiyosaki on Social Media
"Silver to Rise from 50 Dollars per Ounce to 200 Dollars Next Year"
"The price of silver will soon reach 70 dollars, and by 2026, it will go up to 200 dollars."
As global financial markets face uncertainty, Robert Kiyosaki, bestselling author of "Rich Dad Poor Dad," has predicted that the price of silver could soar to 200 dollars per ounce next year, drawing significant attention from investors. Notably, this statement came right after he sold approximately 2.25 million dollars (about 3.3 billion won) worth of Bitcoin on the 22nd, despite having been a strong proponent of Bitcoin's bullish outlook until recently, which has further heightened interest.
"The Largest Crash in History Has Begun," He Warns
Bestselling author Robert Kiyosaki of the book "Rich Dad Poor Dad." Yahoo Finance
View original imageOn the 23rd (local time), Kiyosaki posted on his X account (formerly Twitter) under the title "The Biggest Crash in History Has Begun."
He wrote, "In 2013, I predicted in my book 'Rich Dad's Prophecy' that the biggest crash in history was coming," adding, "Unfortunately, that crash has already arrived." He continued, "This is not just a problem for the United States. Europe and Asia are also in collapse." He further predicted, "AI will eliminate jobs, and as jobs disappear, both office and residential real estate will collapse as well."
"Now Is the Time to Buy Gold, Silver, Bitcoin, and Ethereum... Silver Is the Best"
Kiyosaki stated, "Now is the time to buy more gold, silver, Bitcoin, and Ethereum," emphasizing, "Among these, silver is the best and safest." He added, "Silver is currently around 50 dollars per ounce. I believe the price of silver will soon reach 70 dollars, and by 2026, it could go up to 200 dollars," asserting that the price of silver could jump about fourfold from its current level.
He said, "The bad news is that many people will lose everything," but added, "The good news is that for those who are prepared, this crash will actually be an opportunity to become even wealthier." He also mentioned, "I will cover more ways to become wealthier even amid a market crash in future posts on X."
Sold Bitcoin, But Still Bullish on Its Outlook
Kiyosaki has long been a prominent optimist about Bitcoin's long-term growth potential, but recently sparked controversy by selling some of his Bitcoin holdings. On the 22nd, he announced on X that he had sold approximately 2.25 million dollars (about 3.3 billion won) worth of Bitcoin.
Robert Kiyosaki has predicted that the price of gold will rise to 200 dollars per ounce next year. Photo by The Asia Business Daily Database
View original imageHowever, Kiyosaki clarified that this sale was not due to doubts about Bitcoin's price outlook, but rather to secure new investment funds. He explained that with the cash obtained from selling Bitcoin, he purchased two surgical centers and invested in an outdoor advertising (billboard) business, predicting that this business would generate about 27,500 dollars (about 40 million won) in monthly cash flow (income) by February next year. He added, "I remain very optimistic about Bitcoin and plan to buy more using my positive cash flow going forward."
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"To Protect Wealth, Invest in Gold, Silver, and Bitcoin"
Kiyosaki has long advocated a "weak dollar" stance, emphasizing gold, silver, and Bitcoin as alternative assets. In April, he also argued, "The value of stocks, bonds, and the dollar will all collapse," and insisted, "You must protect your portfolio by investing in gold, silver, and Bitcoin." He stated, "Those who take action and acquire real gold, silver, and Bitcoin will be able to escape this planned disaster," and argued, "Now is the only opportunity to break free from central bank control and achieve financial independence."
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