Robert Kiyosaki Predicts World Economic Crash; BTC Price to $100k

Rich Dad Poor Dad author and entrepreneur Robert Kiyosaki has reiterated the benefits of gold, silver, and Bitcoin as a safeguard against governmental economic upheavals. During a recent appearance on The Daniela Cambone Show, Kiyosaki argued for tangible assets like gold and silver instead of ETFs, emphasizing their value in uncertain times.

Gold, Silver, and Bitcoin as Safe Havens

Kiyosaki has long advocated for alternative investments such as silver. He earlier dubbed it the best long-term investment, stating that he buys real gold and silver coins instead of exchange-traded funds (ETFs). He also concurred with Andy Schectman, CEO of Miles Franklin Precious Metals, who called silver “the most undervalued asset of a generation.”

Kiyosaki is equally bullish on gold and Bitcoin, recommending these assets as ideal options for navigating volatile periods. Kiyosaki predicts that gold and silver prices will skyrocket if the stock and bond markets crash. He predicts Bitcoin price to $100k amid rising global economic tensions. 

Kiyosaki expressed his shared skepticism of the federal government, the Treasury, the Fed, and Wall Street in his interview with Cambone. He stressed that he does not trust these entities, advising that if others share his distrust, they should refrain from saving dollars and avoid bonds.

Bitcoin’s Current Standing

Bitcoin is changing hands at $29,155, a 0.68% decline in the past 24 hours, per CoinMarketCap data. The BTC/USD cryptocurrency pair boasts a live market cap of $567,394,715,025. Bitcoin’s trading volume is $12,160,748,899, with 19,458,406 of the maximum supply of 21 million BTC coins in circulation. On the technical front, Bitcoin has its support held at $29,088.85 while it struggles to breach the resistance, currently at the $29,440.58 mark.

BTC/USD market cap chart, Source: CoinMarketCap

Kiyosaki recently issued a warning via Twitter, predicting Bitcoin’s rise to $100k and reiterating his long-held belief in gold and silver as “God’s money.” He cautioned against the potential aftermath of stock and bond market crashes, predicting that gold and silver would soar to unprecedented highs. He emphasized that savers of “fake US dollars” would be hit the hardest and expressed his concern for the high levels of debt affecting families.