The author of the famous Rich Dad Poor Dad book Robert Kiyosaki has made a new announcement regarding the financial market. In his latest post, he attacked the spending of the US government and the Federal Reserve, while praising Bitcoin as usual. In his post, Kiyosaki warned the financial market as he always does, but this time he revealed something new.
In his post on X, Kiyosaki got straight to the point, saying he doesn’t trust the U.S. government. He discussed the country’s overspending under the past few administrations.
Aside from the government, he also claims to have no trust in the Federal Reserve and the U.S. Treasury. He praised traders who currently own silver and gold, noting that he is still puzzled as to why people don’t embrace them.
Robert Kiyosaki attacks the US government
According to his post on the microblogging platform X, Robert Kiyosaki said that his distrust of the US government began in 1965 after he noticed that silver coins were becoming copper alloys.
Additionally, he reminded his followers of the actions taken by Dent Nixon in 1971, when he removed the US dollar from the gold standard. He said: “In 1971, Dent Nixon continued to steal our wealth through our money when Tricky Ducky Nixon took the US dollar off the gold standard.”
Thank you for the Bitcoin Gold and Silver: I don't trust the US grants, the US Treasury or the Federal Reserve.
If you trust the Den of Thieves, that is your choice. I stopped trusting my government in 1965, when I noticed that our silver coins were now copper bullion.
In 1971… - Robert Kiyosaki (@theRealKiyosaki) December 21, 2024
Kiyosaki revealed that during that period he decided to start saving gold and silver before adding Bitcoin. He pointed out that the best assets that people need to save are real gold and silver Bitcoin.
That way, he said, their wealth wouldn’t be stolen by the fake money in the system. Kiyosaki said it’s always been the same, highlighting what people do with dollars. “Continue to be ignorant, work hard to get fake money, and continue to listen to financial planners who will tell you what to do with your fake money,” he said.
Typically, Kiyosaki also issued clear warnings to the general public, suggesting that things are about to collapse. He suggested that the impending collapse could be the biggest ever, using a tone similar to his previous warnings. As always, he also believes that only Bitcoin, silver, and gold can save people in the financial market.
Meanwhile, Kiyosaki still believes that Bitcoin could hit $350,000 very soon. In his statement, Kiyosaki credited Trump’s influence while noting that his support for the asset could lead to good things for the industry. With Trump looking to create a national Bitcoin reserve, there is optimism that favorable regulations for the sector will prevail, something the market has been lacking.
Kiyosaki advised the market to start buying parts of the asset. Bitcoin is currently trading at $99,160 after the asset fell from $108,000 to around $92,000 on Tuesday. The 15% drop came after the Federal Reserve announced interest rate cuts next year and revealed plans to ease its dovish policy.
