“Stock savers will be wiped out,” warns Rich Dad author Robert Kiyosaki. He sees the US dollar on the brink of extinction – and recommends Bitcoin, gold, and silver as the last hope before the financial crash.
Robert Kiyosaki, author of the bestseller Rich Dad Poor Dad and known for his provocative financial theories, once again warns of an impending collapse of the U.S. dollar. In an X-post, he sharply criticized the global financial system and recommended a radical change in strategy for investors.
According to Kiyosaki, the US dollar is being deliberately devalued. Central banks such as the Fed, the European Central Bank, and the Bank of Japan are part of a “global financial restructuring” that is destroying the middle class. “Stock savers are being wiped out, and their wealth is being stolen by a corrupt banking cartel,” the investor warns.
His message: Stay away from traditional financial products such as stocks and bonds. Instead, investors should invest in so-called “real” assets. Kiyosaki particularly recommends the cryptocurrency Bitcoin and precious metals such as gold and silver. He regularly refers to Bitcoin as “the people’s money” – a counter-model to what he sees as a failed banking system.
Looking at current developments, Kiyosaki sees his views as vindicated: “Gold is at an all-time high, demand for silver is exploding, and Bitcoin is rising explosively – that says it all.”
Although he hasn’t always been right with drastic predictions like the complete collapse of the American economy, he has frequently been right in his assessment of the price movements of Bitcoin and gold. Investors who followed him early on have been able to make considerable profits.
Kiyosaki’s conclusion remains alarming: those who continue to rely on savings accounts and traditional investments will suffer bitter losses in the coming crisis – and will have to write off their assets.
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