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Robert Kiyosaki, the author of Rich Dad Poor Dad, has shared that he is buying more gold, silver, Bitcoin
He noted that these assets will hold value even if the economy faces a downturn.
On November 9, he shared on X that a financial crash is imminent. Instead of selling, he said he is preparing by collecting what he considers "real money".
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He mentioned price goals of $27,000 for gold, $100 for silver, and $250,000 for Bitcoin by 2026.
Kiyosaki credited economist Jim Rickards for his gold estimate and said his Bitcoin outlook fits his belief that the cryptocurrency protects against what he calls the Federal Reserve’s "fake money".
He also sees Ethereum as the system behind stablecoins and a key part of global financial technology. It was influenced by Tom Lee from Fundstrat.
Kiyosaki explained that his approach is guided by two economic ideas. The first, Gresham’s Law, suggests that poor-quality money tends to circulate while better money is saved. The second, Metcalfe’s Law, links the strength of a network to how many people use it.
He added that he owns gold and silver mines himself. Kiyosaki criticized the US government and central bank for creating “fake money” to pay debts and called the country "the biggest debtor nation in history".
Francis Suarez, the mayor of Miami, has shared that his decision to receive his paycheck in Bitcoin has paid off. What did he say? Read the full story.
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