Rich Dad Poor Dad Author Says He Will Keep Buying The Dip

Robert Kiyosaki: Bitcoin, Silver, and Gold Are Real Money, Not Cash

Robert Kiyosaki, author of the best-selling book "Rich Dad Poor Dad," has made a bold prediction on Twitter.

[{"selector":"#anim-b1a17f56-f49b-48f9-aaa7-5547e13af2d2","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-23d66679-998d-46a8-9c05-d868a25132fd","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42b4e94d-dfee-46fa-be2f-d6ee13296141","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

According to Kiyosaki, Steve Van Meter, a respected financial analyst, predicts that gold prices will crash to $1000.

[{"selector":"#anim-b7791b12-e421-489d-8596-42e63a30beb3","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f153e3b7-2da2-4955-9c2e-4433e0845705","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74607e13-51e9-4a76-b98a-02ae70e9ff65","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Kiyosaki, however, isn't worried and plans to buy more gold if the prediction comes true.

[{"selector":"#anim-32ed1207-217e-4237-914d-7ce6f8d9cba9","keyframes":{"transform":["translate3d(-98.9446%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4af2af93-d3e0-4340-97c8-943c058d9f0c","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84b2a295-db76-40d1-b6fe-365063e37592","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

He considers himself an investor rather than a trader and believes that gold, silver, and bitcoin are real money.

[{"selector":"#anim-fab64a80-a920-4b89-b5af-0257e491f7b1","keyframes":{"transform":["translate3d(-95.70815%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab7e0693-f937-4b3b-925a-4262a5223765","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d74f0a1-5cc7-4dc0-9cf6-67478eb3e054","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

To him, cash is equal to trash.

[{"selector":"#anim-0e293001-9941-4284-98ac-7f2c244ac266","keyframes":{"transform":["translate3d(-96.30542%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae9949dc-ee66-4135-a24d-986df1290040","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0129bc2d-bab3-4849-a35b-f249fd9bb893","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Kiyosaki predicted that Bitcoin will continue to rise, reaching $100k.

[{"selector":"#anim-3cc8fdfc-937f-4ff4-b984-6abfa0de3248","keyframes":{"transform":["translate3d(-93.52518%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fcb9c20-a0d3-44ee-9f08-c54ba1962883","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e583ae5c-c4a0-4559-b736-5297d33a428b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Two major factors contributing to this debate are inflation and the strength of the US dollar.

[{"selector":"#anim-a7e1f058-bcef-4637-ba23-09d9a6075ee2","keyframes":{"transform":["translate3d(-96.27791%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84f99057-3234-4418-9195-940fa799c340","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed9d3787-c6dd-45e6-a682-a2ff2afe85c8","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-cb08c541-9910-4e93-8238-db5e5fb23383","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] Read More Stories