Famous author of best-selling book Rich Dad Poor guy Father Robert Kiyosaki says this may be the last chance to buy gold and silver at low prices. Silver goes up,” Kiyosaki explained.
Robert Kiyosaki expects gold and silver to surge when the stock market crashes
Rich Dad and Poor Dad author Robert Kiyosaki , says gold and silver prices are about to skyrocket. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lecter. He has been on the New York Times bestseller list for over six years. The book has sold over 32 million copies in over 109 countries and in over 51 languages.
Kiyosaki tweeted on Monday that gold is now over $1,800 and silver he is over $24, adding:
Inflation is rising. Rising interest rates. Stock markets crash, gold and silver rise. This may be your last chance to buy gold and silver at this low price.
The authors of Rich Dad, Poor Dad have been telling investors to buy gold, silver and bitcoin for quite some time now. He has previously stressed that he only invests in physical gold and silver, not in gold or silver exchange-traded funds (ETFs).
A number of people on Twitter reminded Kiyosaki that he had been issuing the same warnings for years. There were also those who opposed the writer.
“As the Fed continues to raise rates, [55] gold and silver prices are plummeting,” Kiyosaki explained in October, adding:
Rate hikes destroy the economy. Stocks, bonds and real estate crash. The Federal Reserve Pivots. Buy Gold, Silver & Bitcoins Before The Federal Reserve Pivots.
But he warned: “When the economy collapses, the stock market collapses, pensions collapse, unemployment rises, a side hustle may bring in income… your side hustle could grow to be the next Amazon or Bitcoin.”
Earlier this month, a prominent author said he expected those who own gold, silver, and bitcoin to get rich if the Fed turned around and printed trillions of dollars. Stated. When the price of silver fell to about $20 in July, he said silver was the best investment value today.
Additionally, Kiyosaki often recommends buying bitcoin alongside gold and silver. He recently revealed that he is a Bitcoin investor rather than a trader, so he will be thrilled whenBTC hits a new bottom. In September, he urged investors to get into crypto now, before the biggest economic collapse hits.
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