Robert Kiyosaki, a prominent businessman and author of the highly successful financial book series Rich Dad Poor Dad, warned of the possibility of a global financial crisis in a recent post on X. There is. He advises people to invest in gold, silver and Bitcoin to protect their wealth. Here's what you need to know:
Why Mr. Kiyosaki has distrust in the U.S. financial system
The popular financial writer is a strong critic of the US government, the Treasury Department, and the Federal Reserve, denouncing the established financial governance system as a “den of thieves.”
The 77-year-old business leader says he lost faith in America's established system when silver coins were replaced with alloys in 1965.
He also cites the Nixon administration's 1971 abolition of the gold standard as another reason for distrust of the US government and the established economic system dominated by the US dollar.
THANK YOU gold, silver and Bitcoin HODLERS: I do not trust the US Giverment, the US Treasury, or the FED.
If you trust these Den of Thieves that is your choice. I stopped trusting my government in 1965, when I noticed our silver coins were now alloys of cooper.
In 1971…
— Robert Kiyosaki (@theRealKiyosaki) December 21, 2024
For gold, silver and bitcoin
The American businessman dismisses fiat currencies as fake money and encourages people to invest in gold, silver and Bitcoin.
This is not the first time he has publicly questioned the reliability of fiat currencies. In part of a recent interview, he explained how fake money is used to rob people.
Criticism of financial planners and the education system
Kiyosky highlights how financial planners mislead people and recommends taking advantage of possibilities such as YouTube videos to learn about money and prepare by investing on your own. .
In conclusion, Kiyosaki's message is clear. Protect your wealth by investing in real assets and educating yourself. With economic uncertainty looming, his advice to think independently about money is more relevant than ever.
