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Robert Kiyosakientrepreneur and author of Rich dad, poor dadthe alarm is sounding again about a potential global financial crisis.
What happened: In a recent post on X, he urged people to take action now by investing in gold, silver and Bitcoin, which he sees as essential assets for safeguarding wealth.
Kiyosaki did not mince words when he criticized the current financial system, calling the US government, the Treasury and the Federal Reserve the “Dan of Thieves”.
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Their mistrust stems from key historical events, such as the replacement of silver coins in 1965 by cheaper alloys and President. Richard Nixonthe 1971 decision to take the US off the gold standard. Kiyosaki believes that these actions marked the beginning of a declining financial system.
Kiyosaki, a longtime critic of fiat currency, which he calls “fake money,” argues that it exploits the public and erodes wealth. Instead, he defends tangible assets like gold, silver and Bitcoin, which he sees as reliable ways to preserve value in times of uncertainty.
Read also: Integris’ CEO assembled a team of senior investment managers who have $34.22 billion in combined assets owned and managed on the West Coast: Here’s how to invest in your private credit fund that aims for an annual interest rate of 12%.
“Protect your wealth by investing in real assets,” he advises, stressing that these alternatives provide stability in the face of economic volatility.
In addition to his investment recommendations, Kiyosaki stresses the importance of financial education. It encourages people to learn about money and make informed investment decisions. “Use resources like YouTube to educate yourself,” he said, urging people to take control of their financial future.
