On Friday, February 17, 2023,Robert Kiyosaki’s, the successful author of the “Rich Dad Poor Dad” series, shared his latest thoughts on his three favorite commodities: gold, silver, and Bitcoin. “Rich Dad Poor Dad” emphasizes the importance of financial literacy, financial independence, and wealth-building through investing in assets, real estate, and owning businesses. Kiyosaki advocates for increasing financial intelligence to improve one’s business and financial aptitude.
Kiyosaki has criticized the Federal Reserve’s response to economic fallout and urges his social media following to protect themselves from inevitable high inflation by using fiat holdings to buy silver, gold, and Bitcoin.
During an interview on Anthony Pompliano’s “Pomp Podcast” in April 2021, Kiyosaki stated that “Gold and silver are God’s money. Bitcoin is open source people’s money.” On December 30, 2022, Kiyosaki told his 2.3 million followers that he is bullish on Bitcoin because it is classified as a commodity, like gold, silver, and oil, and not impacted by future actions of the SEC.
On February 10, 2023, Kiyosaki suggested that Bitcoin’s price will crash in the short term, but he does not appear to be worried since it will enable him to use his dollars to purchase more Bitcoin. However, he believes that the Fed will be forced to print so much money in the future that Bitcoin’s price will reach $500K by 2025.
On February 17, 2023, Kiyosaki tweeted that although the prices of his three favorite commodities can go up as well as down, during “unstable times,” they are the best assets to hold.
Robert Kiyosaki’s Recent Tweets
December 30, 2022: Tweets
“Yes I am. I am very excited about Bitcoin. Why? Because Bitcoin is classified as a commodity much like gold, silver, and oil. Most crypto tokens are classified as a security and SEC regulations will crush most of them. I am buying more BC.”
February 10, 2023: Tweets
“CRASH is here. Silicon Valley first dominos fall laying off 144,000 in 2022. 66,000 more 2023. VALENTINES DAY MASSACRE predicted by Stansberry Research. Everything will crash including prices gold, silver, BC. Do not panic. Good news. I will buy more G,S,BC, real money w/ fake $.”
February 13, 2023: Tweets
“Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & Silver Gods money. Bitcoin people’s $. Take care.”
February 17, 2023: Tweets
“For years I have been saying, “Saving money,& investing in a well diversified portfolio of stocks, bonds, mutual funds & ETF’s is risky advice. Today very risky advice. I still believe Gold, silver, Bitcoin best for unstable times, although prices will go up and down. Take care.”