Robert Kiyosaki, author of Rich Dad Poor Dad, is sounding a dire alarm over what he describes as the beginning of financial chaos in the U.S.—a scenario he believes will wipe out millions financially.
Referencing a recent U.S. bond auction that reportedly saw little demand, Kiyosaki claims the Federal Reserve was forced to buy $50 billion worth of bonds using newly printed dollars, a move he says marks the arrival of hyperinflation. “The system is imploding,” he said, calling the event a clear sign the economy is entering crisis territory.
In response to this, Kiyosaki is once again championing hard assets. He predicts that gold could soar to $25,000, silver to $70, and Bitcoin to between $500,000 and $1 million. He argues that the dollar is rapidly losing value, and that the best defense is owning scarce, non-inflationary assets.
With only a small portion of Bitcoin left to be mined, Kiyosaki emphasized that time is running out for everyday investors to accumulate BTC at current prices. Even owning a fraction, he says, could become life-changing. As the macro environment deteriorates, he believes Bitcoin is heading into what analyst Raoul Pal refers to as the “Banana Zone”—a period of parabolic price action driven by supply constraints and rising demand.
For Kiyosaki, the message is simple: ignore the volatility, hold Bitcoin, and prepare for a turbulent financial future.
Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a bold prediction on silver, calling it the “best asymmetric buy” currently available.
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