The post Robert Kiyosaki’s Bitcoin Price Prediction if Trump Wins the US Election appeared first on Coinpedia Fintech News
Robert Kiyosaki predicts a significant economic shift if Donald Trump returns to the presidency, which he believes will lead to a rise in gold, silver, and Bitcoin prices. According to Kiyosaki, Trump’s strategy of weakening the dollar will boost exports, reduce imports, create jobs, and increase asset values. He argues that a weaker dollar will make American goods more competitive internationally, creating jobs and opening new factories.
A Clash of Policies
In his X post, Kiyosaki highlights Trump’s intention to increase oil production as a key factor in reducing oil prices. He contrasts this with President Biden’s decision to cancel the Keystone XL pipeline, which he claims led to oil prices skyrocketing from $30 to $130 a barrel. Kiyosaki asserts that high oil prices have caused massive inflation, harming lower and middle-income Americans. He criticizes Biden for tapping into the U.S. oil reserves due to insufficient domestic oil production, calling it a shortsighted move.
Plus, he believes that Trump’s focus on “drill, baby, drill” will reverse these trends, resulting in lower oil prices and reduced inflation. He argues that this approach will weaken the dollar but ultimately benefit the U.S. economy by enhancing exports, fostering job creation, and driving up the prices of various assets.
He further drags down the AI threat that may eliminate millions of jobs. He expected Bitcoin, Gold, and Silver to save the day.
Predictions on Asset Prices
In his forecast, Kiyosaki predicts significant increases in gold, silver, and Bitcoin value by August 2025. He expects gold to rise from $2,400 to $3,300 per ounce, silver from $29 to $79 per ounce, and Bitcoin from $67,400 to $105,000 per coin. Kiyosaki sees these increases as a result of a weaker dollar, increased exports, and overall economic growth spurred by Trump’s policies.
Call to Action
Kiyosaki’s message is clear: he believes Trump’s economic strategies will “Make America Great Again” by making it rich. He advocates for supporting Trump’s return to the presidency, emphasizing that this will lead to job creation, economic growth, and a rise in the value of key assets like gold, silver, and Bitcoin. He predicts that these policies will benefit the American economy and increase wealth for its citizens.
Moreover, contrary to Kiyosaki’s advice, the US government recently sold 58 BTC worth $4 million. So, investors should closely monitor this move, wary of a repeat of Germany’s rapid sale of 50,000 BTC in under a month.
Looking ahead
Later this week, Trump will attend the Bitcoin Conference 2024. If he wins the elections, he may declare BTC a strategic reserve. Crypto investors want to know Kamala Harris’s opinion on crypto, as this year’s election will be a crypto war and decisive for crypto assets.
