Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad,” has issued a dramatic forecast for the financial markets, suggesting a significant upheaval is on the horizon.
Financial commentator Robert Kiyosaki has shared his thoughts on the rising prices of Bitcoin and precious metals, suggesting that they could be linked to increased money printing by central banks.
In a video posted on his YouTube channel, Kiyosaki said that a major market downturn began in March 2020, leading financial authorities to print large quantities of money. He explained that this practice would worsen the socioeconomic divide.
“The rich will get richer, and the poor and middle class will get poorer,” Kiyoski said, regarding how rising inflation and taxes would affect those who rely on “fake” money.
According to Kiyosaki, those who experience financial difficulty should focus on accumulating substantial assets, such as gold, silver, and Bitcoin. He also predicted that Bitcoin's price would increase significantly in the coming months.
“I think Bitcoin will go up another 78% to $257,000 by the end of the year,” Kiyosaki said, regarding his bold prediction for the cryptocurrency.
Kiyosaki, who is also the author of the acclaimed book “Rich Dad Poor Dad,” has frequently shared his thoughts on Bitcoin and other financial topics with his substantial online audience.
His latest comments come as Bitcoin is currently trading at $98,079, offering a talking point for both investors and financial commentators.
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