As Bitcoin prices continue their downward trend, Robert Kiyosaki, author of the financial bestseller Rich Dad Poor Dad, has once again urged investors to invest in gold, silver, and Bitcoin.
On Thursday, Kiyosaki posted on his social media, “Bitcoin is on SALE I AM BUYING.”
He stated, “The problem is not BITCOIN THE PROBLEM is our Monetary System and our criminal bankers.” He added, “America’s bankrupt. Our debt, including social programs like Medicare and Social Security, is over $230 trillion.”
Kiyosaki stated that when countries like Japan and China stop buying U.S. bonds, inflation will skyrocket, leading to a crash in the U.S. economy and the dollar. He then explained his strategy regarding Bitcoin, saying he smiles and buys more whenever Bitcoin crashes.
He also addressed the silver market, noting that there is movement and that its value could easily double this year. He encouraged investors to increase their holdings in silver.
Kiyosaki emphasized that silver prices will skyrocket if gold prices break the all-time high of $3,000. He pointed out that international silver prices are currently trading at half their peak value and boldly claimed that silver could surge to $70 per ounce within a year.
