Author of 'Rich Dad Poor Dad' Discloses His Two Most Prized Possessions
Robert Kiyosaki Warns of Another Great Depression at The Limitless Event
Financial guru Robert Kiyosaki is currently attending The Limitless event in Dallas, a financial freedom expo aimed at changing lives in the current chaotic world. Hosted by Ken McElroy, the event is attracting thousands of people and boasts great speakers.
At the event, Kiyosaki reiterated his concerns about the U.S. economy, warning of a significant market downturn similar to 1929. He highlighted rising U.S. debt levels and aggressive monetary policies as reasons to avoid stocks and bonds. Kiyosaki believes that the U.S. national debt is increasing rapidly and the country is on the brink of another Great Depression.
Kiyosaki's investment strategy reflects his concerns. He is betting primarily on Bitcoin, gold, and silver, which he sees as safe havens and protection against inflation and economic volatility. Specifically, he predicts Bitcoin could reach nearly $250,000 by the end of 2025 and possibly $1 million by 2035, gold could climb to $25,000 to $30,000 per ounce, and silver might hit $70 per ounce and rise dramatically long-term.
Kiyosaki also mentioned that the two most valuable assets he has and bets on constantly are not named specifically, but are his time and his money. This sentiment was echoed in a recent tweet by Yuri Molchan, where Kiyosaki expressed his belief that U.S. pension plans, such as 401k and IRA, are losing value due to their investment in stocks.
In the same tweet, Kiyosaki referenced investment legends Warren Buffett and Jim Rogers, who he noted have been selling stocks and bonds in favor of cash and silver, implying a broader shift toward conservative, hard assets. Bitcoin is currently down 3.12% over the past 24 hours and is trading at $114,800 per coin.
Despite the optimistic atmosphere at The Limitless event, Kiyosaki mentioned that he has learned a lot, but not all of it is pleasant. As the event continues, it remains to be seen how Kiyosaki's predictions will unfold and what advice he will share with the attendees.
[1] Forbes, "Robert Kiyosaki Predicts Bitcoin Will Hit $1 Million By 2035" [2] Business Insider, "Robert Kiyosaki: Here's Why You Should Bet on Bitcoin, Gold, and Silver" [3] Cointelegraph, "Robert Kiyosaki: Stocks Are Crashing, Buffett and Rogers Are Dumping Them for Silver" [4] CNBC, "Robert Kiyosaki: The U.S. Is on the Brink of Another Great Depression"
- Financial guru Robert Kiyosaki, currently at The Limitless event in Dallas, warned that the U.S. is on the brink of another Great Depression, advocating for investing in Bitcoin, gold, and silver as safe havens.
- In a tweet, Kiyosaki mentioned he has been selling stocks and bonds, echoing investment legends Warren Buffett and Jim Rogers, who have also taken similar steps, favoring cash and silver.
- Kiyosaki's investment advice, as covered by Forbes, predicts Bitcoin could reach nearly $250,000 by the end of 2025 and possibly $1 million by 2035, while gold could climb to $25,000 to $30,000 per ounce and silver might hit $70 per ounce.
- In the current financial chaos, Kiyosaki sees his personal investments in time and money as the two most valuable assets, belittling the value of U.S. pension plans such as 401k and IRA, which he claims are losing value due to investment in volatile stocks.
