• Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has discussed why gold, silver and bitcoin prices are rising.
• He recommends investors buy a silver coin at its current low price to start getting richer.
• Kiyosaki believes gold, silver and bitcoin will continue to rise when the Federal Reserve prints trillions of „fake“ dollars.
Why Gold, Silver and Bitcoin Prices are Rising
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has shared his view on why the prices of gold, silver, and bitcoin are rising higher. Noting that silver is cheap right now, Kiyosaki urged investors to buy a silver coin and start getting richer.
Kiyosaki’s Bullish Stance on Precious Metals & Bitcoin
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted a question Tuesday asking why gold, silver, and bitcoin are going higher. He then answered his own question, stating that it is because the poor and middle class in the U.S. are getting poorer and deeper into debt. „Please don’t get poorer,“ he stressed, urging investors to buy at least one silver coin that costs only $30 right now to start getting richer.
Fed’s Interest Rate Hikes Will Kill Economy
The author previously explained that he expects gold, silver, and bitcoin owners to get richer when the Federal Reserve pivots and prints trillions of „fake“ dollars. Noting that the stock market will crash and send the prices of gold and silver higher, he predicted that gold will soar to $3,800 while silver will rise to $75 this year: “If Fed continues raising interest rates [the] U.S dollar will get stronger causing gold ,silver & bitcoin prices to go lower .Buy more .When Fed pivots & drops interest rates you will smile while others cry.“
Silver is Cheap Right Now
Kiyosaki has been recommending gold ,silver ,and bitcoin for quite some time with an emphasis on buying silver during its current low point in order to benefit from its potential growth rate : „“I have been saying buy Silver for years,“ noting that it is currently “the best investment value today.“
Although stock markets may crash due to Fed’s interest rate hikes ,Robert Kyiosake believes investing in Gold ,Silver or Bitcoin can help investors become richer .He also highly recommends buying Silver coins since they are still cheap but could potentially increase in value soon .