Kiyosaki Predicts Ambitious Price Targets for Gold and Bitcoin
Robert Kiyosaki, the author of "Rich Dad Poor Dad," has issued a warning about an impending financial crash, but he states he is not selling his assets. The investor shared his perspective on X on Sunday, describing the situation as a "CRASH COMING" while simultaneously outlining substantial price predictions for gold, Bitcoin, and other assets.
He forecasted that gold could reach $27,000, Bitcoin could hit $250,000, and silver could climb to $100 by the year 2026. Kiyosaki also projected that Ethereum might trade at $60,000, attributing this prediction to its foundational role in powering stablecoin networks.
Kiyosaki explained that his forecasts are based on economic principles, specifically Gresham’s Law and Metcalfe’s Law. He believes these principles are instrumental in understanding the behavior of both real and digital money within global markets.
Kiyosaki Identifies the Problem with 'Fake Money'
In his X post, Kiyosaki criticized the U.S. Treasury and the Federal Reserve, accusing them of violating what he termed "the laws of money." He alleged that these agencies engage in printing "fake money" to finance government expenditures, which he believes exacerbates the nation's debt burden.
"Unfortunately, the US Treasury and Fed break the laws," he wrote. "They print fake money to pay their bills. If you and I did what the Fed and Treasury are doing, we would be in jail."
Kiyosaki connected his personal investment in gold to 1971, the year President Richard Nixon ended the gold standard. He contended that this action contravened Gresham’s Law, which posits that inferior currency tends to displace superior currency from circulation. In his view, the discontinuation of the gold peg ushered in the era of "fake money," compelling investors to seek out tangible assets such as gold and Bitcoin.
"The USA is the biggest debtor nation in history," he stated. "That’s why I keep buying gold, silver, Bitcoin, and Ethereum even when they crash."
Kiyosaki further revealed that he owns two gold mines and silver mines, underscoring his conviction in holding physical commodities as a key component of his investment strategy.
Gold, Bitcoin, and Ethereum Positioned as Future Stores of Value
Kiyosaki's projection of Bitcoin reaching $250,000 aligns with his consistent optimistic outlook on the cryptocurrency. He has frequently asserted that digital assets are poised to outperform traditional markets in the coming years.
He characterized Bitcoin as "real money," arguing that the cryptocurrency's decentralized nature renders it resilient to manipulation by governmental or banking entities.
Regarding Ethereum, Kiyosaki referenced Metcalfe’s Law, which suggests that the value of a network increases with the number of users. He explained that Ethereum adheres to this principle due to its function as the underlying infrastructure for a majority of stablecoins. He credited Tom Lee, managing partner at Fundstrat Global Advisors, for contributing to his price outlook for Ethereum.
Kiyosaki's remarks follow his prior warnings concerning the escalating U.S. debt and broader economic instability. He has advised investors to safeguard their wealth through gold, silver, and Bitcoin, cautioning that global debt levels could precipitate a financial crisis.
He has often expressed skepticism regarding conventional saving strategies, frequently repeating his assertion that "savers are losers." Kiyosaki maintains that inflation and the continuous printing of money diminish the value of fiat currency savings, thereby increasing the long-term value of real assets.
Despite facing frequent criticism from economists, Kiyosaki persists in advocating for financial self-reliance and diversification across commodities and cryptocurrencies. His latest message reiterates his belief that even in the event of a market crash, individuals holding tangible and digital assets may experience "massive riches ahead."