Amid his a colossal sequence of warnings of a looming financial collapse that might maybe maybe well engulf the United States and previous, popular investor and author of the supreme-selling non-public finance e-book ‘Rich Dad Unfortunate Dad’ Robert Kiyosaki has as of late sounded an terror on just a few alternative concerns.
Particularly, Kiyosaki has urged his followers to look at out because of, in his locate, the banking crisis is worsening and the risk of war grows, and the US authorities might maybe maybe well utilize the replace to push for a central financial institution digital currency (CBDC) to peek on their residents, he talked about in an X submit on February 25.
Please watch out. Banking crisis worsens. Risk of war grows. Cental banks will push for CBDC, Cental Financial institution Digital Forex, to SPY on us. I’m procuring for more Bitcoin and silver coins. Silver greatest reduce worth. I will utilize silver as money no longer US false dollars
— Robert Kiyosaki (@theRealKiyosaki) February 25, 2024
Shopping for more Bitcoin and silver
At the identical time, the notorious finance educator shared his intention for circumventing the above dangers, which involves stocking up on more Bitcoin (BTC) and silver coins, particularly the latter, which he described as the “greatest reduce worth,” vowing to make utilize of it as money rather than the “US false dollars.”
As a reminder, Kiyosaki has lengthy expressed his toughen of the flagship decentralized finance (DeFi) flagship, besides the dear metals silver and gold, though he has curiously a dinky moved a ways from gold in his rhetoric, arguing it might well crash “presumably below $1,200.”
Alternatively, no longer like gold, he believes that Bitcoin and silver “will rob off,” earlier in explicit voicing his expectations of even stronger beneficial properties for the historical than what it has as of late skilled, arguing it might well hit the price of $100,000 by June 2024, as Finbold reported on February 19.
Meanwhile, the maiden cryptocurrency used to be at press time altering hands at the price of $51,318, recording a runt pullback of 0.72% in the final 24 hours and declining 2.09% in some unspecified time in the future of the old seven days but quiet preserving onto the 23.14% develop on its monthly chart, as per data on February 26.
Disclaimer: The utter on this obtain 22 situation might maybe maybe well honest quiet no longer be considered funding advice. Investing is speculative. When investing, your capital is at risk.
