Robert Kiyosaki Urges Investors to Follow Key Money Laws
Personal finance guru Robert Kiyosaki believes many people stay poor by ignoring two crucial money laws. in a recent post, he advised against saving in conventional fiat currencies like the U.S. dollar. Instead, he recommends storing value in assets such as gold, silver, and Bitcoin.
Kiyosaki stresses the importance of Gresham’s Law, which suggests that when bad money enters a system, good money disappears. He argues that savers are losing out in today’s economic climate.
He also highlights the power of networks in wealth creation. Kiyosaki compares successful platforms like FedEx and Bitcoin to smaller, less-known businesses and cryptocurrencies. He believes network-based businesses perform better than isolated ones.
Kiyosaki invests in Bitcoin because it’s a network. He contrasts this with many other cryptos that lack a strong network. He aligns his asset choices with economic principles, avoiding U.S. dollars while accumulating gold, silver, and Bitcoin.
Referencing MicroStrategy’s Michael Saylor, Kiyosaki advises investing in assets that the wealthy would buy. He warns about the U.S. bond market’s deteriorating conditions, noting low demand in recent auctions.
Kiyosaki predicts notable price increases for certain assets. He forecasts gold could reach $25,000, silver $70, and Bitcoin between $500,000 and $1 million. His advice: follow the laws of money for wealth preservation.
