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Robert Kiyosakibusinessman and writer Rich dad, poor dadonce again sounding the alarm about a possible global financial crisis.
What Happened: In a recent post on X, he urged individuals to act now by investing in gold, silver, and Bitcoin, which he considers essential assets for wealth protection.
Kiyosaki didn't mince words in criticizing the current financial system, labeling the US government, the Treasury, and the Federal Reserve as a “Den of Thieves.”
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His distrust stems from key historical events, such as the replacement of silver coins in 1965 with cheaper alloys and President. Richard Nixonthe 1971 decision to take the US off the gold standard. Kiyosaki believes that these actions mark the beginning of the decline of a financial system.
A longtime critic of fiat currency, which he calls “fake money,” Kiyosaki argues that it exploits the public and erodes wealth. Instead, he advocates for tangible assets like gold, silver, and Bitcoin, which he sees as reliable ways to preserve value during uncertain times.
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“Protect your wealth by investing in real assets,” he advises, emphasizing that these alternatives provide stability against economic volatility.
In addition to his investment recommendations, Kiyosaki underlines the importance of financial education. It encourages individuals to learn about money and make informed investment decisions. “Use resources like YouTube to educate yourself,” he said, encouraging people to take control of their financial future.