Robert Kiyosaki, the author of the bestselling book ‘Rich Dad Poor Dad’, came up with a new post. The investment legend, known for its strong support for gold and Bitcoin, talked about another commodity this time. Accordingly, the financial expert advises investors to buy silver instead of BTC and gold.
“Buy gold and Bitcoin and silver”
Robert Kiyosaki shared a new tweet in which he gives advice to his followers. Accordingly, he told them to buy more gold and Bitcoin, as well as silver. The financial expert states that it is time for investors to turn the aggressive stance of the FED into an opportunity. For this, he recommends accumulating silver as intensely as possible. As the Fed prepares to raise interest rates another 75 basis points for the fourth time in a row at its November meeting, Kiyosaki said:
“Buying opportunities: The US dollar will gain strength if the FED continues to raise interest rates. Thus, a decrease in gold, silver and Bitcoin prices will occur. Buy more. When the Fed turns and lowers interest rates like the UK did, you’ll smile while others cry.”
“US dollar will collapse by 2023”
Kiyosaki added that the US dollar will soon begin to weaken. As we reported as Kriptokoin.com, the US dollar index traded at 20-year highs throughout the third quarter of 2022. As a result, the dollar put a huge downward pressure on gold and silver. In another recent tweet, Kiyosaki was on the scene again. The famous writer shared:
“I have a strong belief that the US dollar will follow the British pound. In my opinion, the dollar will collapse after the FED turns around. I think we will see this collapse by January 2023.”
“Accumulate silver now, these levels are coming”
The bestseller added that he bought more silver to further increase his profits. “I bought a lot more silver to profit from the collapse of the US dollar,” Kiyosaki said. Silver is a bargain. “I will not be a victim of the Fed,” he said. Also, the investment legend has announced that he is betting that silver will experience huge increases in value this decade. According to him, the price of silver will jump to $100 and then to $500. Kiyosaki said:
“My trusted gold and silver dealer called Jerry Williams. ‘I can’t take gold or silver. The mint will no longer sell it to me,’ he said. To me, this means the end of fake prices. Stocks, bonds, mutual funds, ETF and real estate markets are crashing. As predicted, the middle class in the economy is disappearing. Silver will stay at $20 for 3-5 years. Then it will climb to $100 to $500. Anyone, even poor, can afford silver. Now save silver.”
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