Robert Kiyosaki Urges Shift from Traditional Currencies to 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 instead.
Kiyosaki, known for his āRich Dad Poor Dadā series, calls traditional money āfake moneyā or fiat currency. He recommends saving in real assets like gold, silver, and Bitcoin. He believes most people work for and save in fiat,which loses value over time due to inflation.
Kiyosaki is particularly bullish on silver. He predicts its price could rise from $35 to $70 an ounce this year and $200 in a couple of years. He notes silverās 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 great prospect for wealth, but many will miss it due to FOMM.
Kiyosaki encourages self-reliant research and following experts like Jeff Booth, Michael Saylor, and Samson Mow. He also stresses that vital financial education is now freely available on platforms like YouTube.
