U.Today – In a recent tweet, Robert Kiyosaki, author of the popular book on finance management “Rich Dad Poor Dad,” investor and entrepreneur, raised the topic of US government spending and the Federal Reserve.
He also issued an important warning to the financial markets regarding how he sees their immediate future.
The best assets to deposit your money in Kiyosaki
Kiyosaki has been on his horse from the beginning, saying he does not trust “the US government” (referring to excessive spending over the past few years), the US Treasury, and the Federal Reserve. He added that he stopped trusting the government in 1965, when he noticed that “American silver coins were now copper bullion.”
Kiyosaki also reminded his readers of President Nixon's removal of the gold standard that had been used to support the US dollar until then: “Nixon removed the US dollar from the gold standard.”
The financial expert revealed that he began “saving” gold and silver, and these days he is saving Bitcoin.
Today, he said: “The best assets for your money are real gold, silver and bitcoin.”
Critical warning for financial markets
In his usual style, Kiyosaki warned the financial community of the impending collapse, which is likely to be the largest in history. “The world is about to collapse financially,” he tweeted.
However, he believes that saving Bitcoin, physical gold and silver can save one's wealth, and it is safer to invest in those funds rather than saving fiat money and investing in fiat money-based assets.
Kiyosaki believes that the price of Bitcoin will reach $350,000 in 2025
Earlier this week, Robert Kiyosaki made a bold prediction, saying he expects the world's leading cryptocurrency Bitcoin to rise to $350,000, thanks in large part to a new US president who supports cryptocurrencies and intends to build a Bitcoin reserve. strategic for the United States in the next few months. Years.
So far, he recommended that the community start accumulating Bitcoin in chunks, and buy Satoshi, as one Bitcoin at the time was worth over $106,000. After that, Bitcoin rose to more than $108,000. From Tuesday to Friday, Bitcoin fell 15%, falling from $108,380 to $92,640 on news of the Fed planning to reduce its dovish policy and make a much smaller interest rate cut next year. So far, Bitcoin has managed to recover by 7%, rising to $99,150.
