The famous writer, who says to buy gold, says “the end is here” for the dollar after predicting the biggest collapse in history. He reiterated three lessons that will help investors “succeed in market crashes.”
3 tips from a gold investor to help with crashes
The author of Rich Dad Poor Dad is also known for his affinity for cryptocurrencies. He previously said that he bought gold, Bitcoin (BTC), and Solana (SOL). Robert Kiyosaki shared some of his insights and investment lessons in several tweets this week. He tweeted on Tuesday explaining why he thought the end of “fake” money (the dollar) was coming. The famous writer conveyed an interesting event to his followers as follows:
The end has come! Jerry Williams, my trusted gold and silver dealer, called me. I can’t buy gold or silver. He said they don’t sell to me anymore. To me, that means the end of the fake dollar is here.
https://twitter.com/theRealKiyosaki/status/157278112586731526
Kiyosaki then continued to reiterate his silver recommendation. As stated in the previous tweet, “silver will cost between $100 and $500. take some. Protect yourself,” he wrote. His advice followed another recent statement that gold is expensive and he called silver the best investment value today.
fake money: dollar
Kiyosaki had previously said that when President Richard Nixon removed the US dollar from the gold standard in 1971, “the US dollar became counterfeit money”. “This is because it depends on the ‘full faith and credit’ of the United States, rather than being tied to real money like gold,” he explained. The famous author reminded investors of some lessons in a tweet on Thursday. “In Rich Dad Poor Dad, I explained 3 lessons of Rich Dad,” he elaborated:
1: Your home is not an asset. 2: Savers are losers. 3: The rich don’t work for dollars.
In RICH DAD POOR DAD I stated Rich Dad’s 3 LESSONs. 1: Your house is not an ASSET 2: SAVERS are losers. 3: The rich do not work for $. The rich are entrepreneurs who do not need a job, create jobs, create own assets, and do well in market crashes. 2022 is your time to get richer
— therealkiyosaki (@theRealKiyosaki) September 22, 2022
Kiyosaki also adds that “the rich are entrepreneurs who don’t need a job.” He pointed out that these people “create jobs, create their own assets, and thrive in market crashes.” “2022 is your time to get richer,” he later emphasized.
Last week, Kiyosaki urged people to “invest in real money,” naming it gold, silver, and bitcoin. He stressed that the Federal Reserve’s “raising interest rates would devastate the U.S. economy.” Kiyosaki has repeatedly warned that the worst accident in world history is about to come. He said all markets crashed in April.
Recently, before the biggest crash in world history, its mailing list urged its subscribers to buy cryptocurrency now. The famous author stated that for several months, he has been waiting for the price of the cryptocurrency to hit bottom before it gets in. He said he was in a cash position ready to buy BTC recently. He suggested that at one point its price would test $1,100. As you follow on Kriptokoin.com, BTC is currently trading around $19,000.
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