• Robert Kiyosaki, the author of best-selling personal finance book ‘Rich Dad Poor Dad’ has urged his followers to invest in gold, silver and Bitcoin as a form of insurance against an impending economic recession.
• He has warned of a potential crash landing due to high levels of corruption and incompetence amongst leaders.
• At present, Bitcoin is trading at $26,877 representing a 1.77% decline in the last 24 hours but it does have a 2.10% gain over the previous seven days.
Robert Kiyosaki’s Warnings
Robert Kiyosaki, renowned author of the best-selling personal finance book ‘Rich Dad, Poor Dad’ has reiterated his warnings about an impending recession and increasing corruption in the United States. He urges his followers to invest in gold, silver, and Bitcoin (BTC) as the optimal insurance policy against these problems.
Is BTC The Safest Option?
Kiyosaki has been vocal in his criticism of the US government and the United States dollar, referring to it as “toilet paper” and “fake money”. Many veterans have always been vocal about which assets are safest so let’s take a look at what analysts think on this topic.
What Can We Do?
Kiyosaki believes that investing in bitcoin, gold and silver are ideal assets to protect yourself from any potential crash landings caused by systemic inflation or increasing oil costs. In addition he feels that these assets will help people preserve their wealth during times of instability within government or currency values..
Where Is BTC Now?
At the time of writing Bitcoin is trading at $26,877 representing a 1.77% decline in the last 24 hours but it does have a 2.10% gain over the previous seven days..
Kiyosaki’s endorsement for Bitcoin gold and silver is based on his concerns about rising systemic inflation increasing oil costs and governments push towards greener energy sources – all which could contribute to erosion of American Empire necessitating alternative means preserving wealth through safe investments such as bitcoin gold or silver