Rich Dad Poor Dad Author Says Bitcoin, Gold and Silver About To Explode, Sees Capital Fleeing to ‘Real Assets’

Wealthy Dad Poor Dad writer Robert Kiyosaki says Bitcoin (BTC), gold and silver are about to skyrocket.

In a brand new thread on the social media platform flight to ‘actual possessions’.

“Bitcoin, gold and silver costs [are] is about to blow up…. When [the] Fed turns round, cuts charges, actual property [will] rising in value as pretend cash leaves behind pretend property like US bonds…

Fleeing to actual property like actual property, gold, silver and Bitcoin… It would not actually matter which is healthier, gold or Bitcoin. That may [be] like folks arguing about which automotive is healthier: Ferrari or Lamborghini?”

The Fed is at the moment anticipated to chop charges by no less than 25 foundation factors on the subsequent FOMC assembly, scheduled for September 18.

Earlier this 12 months, Kiyosaki stated that worth actual property will see super development as increasingly traders lose confidence within the greenback.

“They know this long-term bull market is coming as a result of they know confidence in FAKE cash is disappearing. They know historical past will repeat itself. They know what [happened] to the German Reichsmark and the Zimbabwean greenback. They know that increasingly individuals are lastly waking up.

They know… after the crash… the lengthy bull market cycle for gold, silver and Bitcoin will start. They know, after the crash…. gold, silver, Bitcoin will begin climbing once more to succeed in document highs.”

Bitcoin is buying and selling at $58,495 on the time of writing, down 2.72% over the previous 24 hours.

Do not miss a beat – Subscribe to obtain e mail alerts straight to your inbox

Examine value motion

Observe us additional XFb and Telegram

Surf to the Each day Hodl combine

Generated picture: DALLE3