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coinpedia 2024-12-21 07:18:58

Global Financial Crisis Ahead? Kiyosaki Urges Investment in Gold, Silver, and Bitcoin

The post Global Financial Crisis Ahead? Kiyosaki Urges Investment in Gold, Silver, and Bitcoin appeared first on Coinpedia Fintech News Robert Kiyosaki, a renowned businessman and the author of a highly successful financial book series, Rich Dad Poor Dad, in a recent post on X, warns about the possibility of a global financial crisis. He advises people to invest in gold, silver and Bitcoin to protect wealth. Here is what you should know. Why Kiyosaki Distrusts the US Financial System The popular financial author strongly criticises the US government, Treasury and the Federal Reserve, denouncing the established financial governance system as a ‘Den of Thieves’. The 77-year old business leader states that he lost his trust in the US established system when silver coins were replaced with alloys in 1965. He also presents the removal of the gold standards in 1971 by the Nixon regime as another reason for his distrust towards the US government and its established economic system dominated by the US dollar. https://twitter.com/therealkiyosaki/status/1870288365150781627?s=46 The Case for Gold, Silver and Bitcoin Dismissing fiat currency as fake money, the American businessman advises people to invest in gold, silver and Bitcoin. It is not the first time that he has openly questioned the credibility of fiat currency. In some of his recent interviews, he explained how fake money is used to loot people. Criticism of Financial Planners and Education System Emphasising how financial planners misguide people, Kiyoski recommends preparing by learning about money and investing independently using possibilities like YouTube videos. In conclusion, Kiyosaki’s message is clear: Protect your wealth by investing in real assets and educating yourself. As financial uncertainties loom, his advice to think independently about money has never been more relevant.