'Rich Dad' Kiyosaki: "Coin Will Reach $130,000... Dollar Is Fake"
Dollar Devaluation Mentioning Gold, Silver, Bitcoin
"Coins, Gold, Silver Are Products to Hedge Against Inflation"
Robert Kiyosaki, author of the financial investment bestseller "Rich Dad Poor Dad," predicted a surge in the prices of Bitcoin, gold, and silver.
On the 21st (local time), Kiyosaki wrote on his X (formerly Twitter) account, "If Bitcoin breaks through the $30,000 range, the next step will be to test $135,000."
Bitcoin temporarily surpassed $30,000 over the weekend, reaching its highest level in two months. As of 1:26 PM on the 23rd, real-time data shows it maintaining a price around $30,586 (approximately 41.42 million KRW). Kiyosaki's newly presented forecast is about five times the current price.
Kiyosaki criticized the dollar as "fake money" and argued that investors should focus on Bitcoin, gold, and silver instead of the dollar. He also predicted a bullish trend for gold and silver prices.
Kiyosaki said, "I hope you bought gold when it was below $2,000 per ounce. Next, it will break through $3,700," and forecasted, "Silver prices will also rise from $23 to $68."
He viewed safe assets as more advantageous than the dollar in an environment where inflation problems are not easily resolved. Kiyosaki stated, "The reason low-income earners become poorer is that they save dollars in a rising price environment," and added, "High-income earners collect gold, silver, and Bitcoin when inflation worsens."
He further added, "Bitcoin, gold, and silver are excellent products that can protect asset value from falling due to inflation," and said, "I hope you become a winner through investing in Bitcoin, gold, and silver rather than becoming a loser."
Bitcoin has shown strength, rising about 10% over the past week. This is interpreted as being driven by expectations for the approval of Bitcoin spot exchange-traded funds (ETFs).
Previously, major asset management firms such as BlackRock and ARK Investment applied to launch Bitcoin ETFs, and the U.S. Securities and Exchange Commission (SEC) is revising documents to address the concerns it raised.
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