Robert Kiyosaki is the author of Rich Dad Poor Dad. He says that silver and gold prices are on the rise. Rich Dad Poor Dad was co-authored in 1997 by Kiyosaki, Sharon Lechter and is available as a PDF. For six years, it has been on The New York Times Best Sellers List. The book has been translated into more than 51 languages in over 109 countries.
Kiyosaki tweeted Monday, “The price of gold has now surpassed $1,800 and silver is above $24, adding:
Inflation rising. Interest rates rising. Stock market crash, sending silver and gold higher. This may be your last chance to purchase silver and gold at such low prices.
For a long time, Rich Dad Poor Dad has advised investors to invest in gold, silver, or bitcoin. He stated that he only invested in physical gold and Silver, not silver exchange-traded funds or ETFs.
Twitter users reminded Kiyosaki of his warnings for many years. Others disagreed with the famed author and expected the gold price to fall from its current level.
“Gold and silver prices plunge as Fed keeps raising interest rates,” Kiyosaki stated in October.
The economy will die if interest rates are raised. Stocks, bonds, and real estate will all crash. Fed will pivot. Buy gold, silver & bitcoin before Fed pivot.
He warned that ‘gold, silver, and bitcoin may protect your wealth…but not your income. He said that ‘As the economy collapses, stock markets crash, pensions crash, and unemployment rises, a side hustle might provide you with income. Your side hustle could grow to be the next Amazon or Bitcoin.
The famous author stated earlier this month that he expected people who have gold, silver and bitcoin to become rich when Fed pivots and print trillions of dollars. He called silver the most valuable investment value at the time that silver prices fell to $20 in July.
Kiyosaki also recommends purchasing bitcoin along with gold and silver. He recently clarified his position as a bitcoin investor and not a trader. This is why he loves when BTC reaches a new bottom. He urged investors to invest in crypto now before the worst economic crash.