In a post on X, formerly Twitter, Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, expressed his optimism about Gold, Silver, and Bitcoin. He believes that these assets have significant potential, especially in the face of potential economic crises caused by government actions.
Gold and Silver Projections
Kiyosaki suggests that gold is on the verge of breaking through the $2,100 mark and expects its price to continue rising. In fact, his long-term outlook for gold is even more optimistic, with a projection of $3,700.
Bitcoin’s Bullish Outlook
However, Kiyosaki’s prediction for Bitcoin is considerably more bullish. He believes that the leading cryptocurrency’s next target is a staggering $135,000. At the time of writing, Bitcoin is trading just above $30,800, showing an impressive increase of nearly 11% in the last 7 days.
Kiyosaki is known for his advocacy of Bitcoin as a long-term investment. In fact, as early as February this year, he predicted that the price of Bitcoin will skyrocket to $500,000 by 2025. His positive outlook aligns with financial institutions such as Standard Chartered Bank, which also foresees Bitcoin reaching $120,000 by the end of 2024.
While Kiyosaki emphasizes the potential of these assets, he also encourages investors to consider how much of them they currently own. He believes that focusing on the quantity of these assets is just as important as considering their future price.
Kiyosaki’s insights are valuable for those interested in diversifying their investment portfolios and finding hedges against potential economic downturns. His predictions serve as a reminder to explore alternative assets such as Bitcoin, Gold, and Silver. In uncertain times, having a diverse range of investments can help mitigate risks and maximize potential returns.
