In a recent commentary, ‘Rich Dad Poor Dad’ author Robert Kiyosaki shared his insights on precious metals and fiat currency. Regarding precious metals, Kiyosaki mentioned, “Gold to the moon as Central Banks buy, store, and never sell. Silver to crash as silver stackers sell to pay bills, caused by rising inflation. Great news for silver stackers. Time to buy more as silver crashes.”
Taking a critical stance on fiat currency, Kiyosaki added, “It’s all good news except for losers who save fake fiat US dollars. I will be buying more gold, silver, & Bitcoin with fake dollars.”
BITCOIN ETF. Yay. Glad I bought years ago. Bitcoin to $150k soon. Gold to the moon as Central Banks buy , store, and never sell. Silver to crash as silver stackers sell to pay bills, caused by rising inflation. Great news for silver stackers. Time to buy more as silver crashes.…
— Robert Kiyosaki (@theRealKiyosaki) January 10, 2024
Robert Kiyosaki has been an ardent proponent of Bitcoin for a long time amid the devaluation of USD amid massive money printing. He’s also been a fan of the Bitcoin ecosystem in general and believes that it’s designed for the greater good of humanity.
Kiyosaki Shifts Focus on BTC Halving
While everyone is waiting on the edge of their seats for the approval of the first spot Bitcoin ETF, Kiyosaki prefers to look further. He’s betting on the upcoming Bitcoin halving scheduled sometime around April 2024.
Renowned author and Bitcoin advocate, Robert Kiyosaki, recently took to X to advise followers on staying informed about Bitcoin’s future developments. He emphasized the importance of the upcoming Bitcoin halving event, stating, “A Bitcoin halving is fast approaching. Please pay attention to Bitcoin halving.”
Kiyosaki has consistently suggested that Bitcoin holders might experience better financial outcomes compared to those adhering to traditional savings.
the Bitcoin price has been experiencing strong volatility on Monday amid fake news of the Bitcoin ETF approval. It turns out that there was a major compromise of the SEC account on the X platform leading to fake tweets.
