Renowned author of the finance classic “Rich Dad Poor Dad,” Robert Kiyosaki, offered bullish price predictions for Bitcoin and Gold last week. He forecasted Bitcoin surging to $135,000 and Gold breaking $3,700 in the near future.
In social media posts, Kiyosaki argued that while holders of fiat currencies like the U.S. dollar are going to be in trouble, investors in “God’s money” like gold and silver, as well as “people’s money” like Bitcoin, will prosper.
Kiyosaki has long been critical of fiat, expecting inflation to hurt the poor and middle class who save dollars. He’s urged investors to wake up and realize the future potential of scarce assets like precious metals and cryptocurrency.
This outlook aligns with Kiyosaki’s past statements that Bitcoin could reach $500,000 by 2025, and hit $1 million should an economic crisis occur. He’s emphasized that crypto is the future, while the dollar and other government currencies are “toast” in his view.
Kiyosaki has attracted controversy for his intensely pessimistic take on the dollar and the global economy. But his prominence gives his Bitcoin and gold predictions reach. If even a fraction of his warnings come true, a substantial upside could lie ahead for investors betting on scarce assets.
