Robert Kiyosaki Urges Shift from Traditional Currencies too Precious Metals and Crypto
Financial guru Robert Kiyosaki has warned against saving in traditional currencies. He advises investing in choice assets like precious metals and cryptocurrencies rather.
Kiyosaki, known for his “Rich dad Poor Dad” series, calls traditional money “fake” or fiat currency.He recommends saving in real gold and silver coins and Bitcoin (BTC). He believes most people work for and save in “fake money,” which loses value over time due to inflation.
Kiyosaki sees silver as a top investment. He predicts its price could rise from $35 to $70 an ounce soon and reach $200 in a couple of years. He notes silver’s accessibility, saying almost everyone can afford at least one silver coin today.
On March 24, Kiyosaki addressed the fear of making mistakes (FOMM) that prevents many from investing in assets like Bitcoin. He believes Bitcoin offers a significant possibility for wealth, but many will miss it due to FOMM.
Kiyosaki encourages independent research and following experts like Jeff Booth, Michael Saylor, and Samson Mow. He also highlights the importance of financial education available on platforms like YouTube.
Key points:
- Shift from traditional currencies to precious metals and crypto.
- Silver is a top near-term investment.
- Overcome fear of making mistakes to seize Bitcoin’s wealth-building potential.
