Robert Kiyosaki, the renowned author of 'Rich Dad Poor Dad,' has made another statement concerning the financial market. In his latest post, he criticized the US government and the Fed, while once again expressing support for Bitcoin.
Robert Kiyosaki's New Statement
In his post on microblogging platform X, Kiyosaki got straight to the point, stating that he does not trust the US government. He talked about the excessive spending that the country has made under recent administrations. Additionally, Kiyosaki expressed distrust towards the Federal Reserve and the US Treasury, noting his support for traders holding silver and gold.
Distrust in the US Government
According to Kiyosaki, his distrust in the US government began in 1965 when he noticed that silver coins were becoming alloys of copper. He also reminded his followers of President Nixon's actions in 1971 when he took the US dollar off the gold standard. It was then that Kiyosaki started saving gold and silver before adding Bitcoin to his assets.
Kiyosaki's Warnings and Predictions
Kiyosaki issued yet another warning to the public about a potential major market crash, citing the saving grace of Bitcoin, silver, and gold. He also suggested that Bitcoin might soon reach $350,000, highlighting possible positive impacts from the asset's endorsement by former President Trump.
Robert Kiyosaki continues to express distrust in traditional financial institutions, advocating for asset preservation in gold, silver, and Bitcoin.
