Robert Kiyosaki Urges Investors to Shift from Dollar to Gold, Bitcoin

TLDR

• Robert Kiyosaki warns investors to reduce their exposure to the U.S. dollar due to its weakening value.
• Kiyosaki promotes gold, silver, Bitcoin, and Ethereum as safer, long-term investment options.
• Kiyosaki confirms that he has not sold any of his silver holdings despite rumors to the contrary.
• Gold reached a new all-time high of $5,266 per ounce, while silver also hit a record price of $117.75 per ounce.
• Bitcoin is trading at $88,927, though its performance has been relatively muted in recent weeks.

Robert Kiyosaki, the financial educator and author of Rich Dad Poor Dad, has warned investors about holding U.S. dollars. He has urged them to shift their focus toward gold, silver, Bitcoin, and Ethereum instead. According to Kiyosaki, these assets provide better protection against the dollar’s weakening value.

Kiyosaki Warns Against the U.S. Dollar

Kiyosaki has repeatedly criticized the U.S. dollar, describing it as an unreliable store of value. He believes that the dollar is losing its ability to preserve wealth in the long term.

In his opinion, tangible assets like gold, silver, Bitcoin, and Ethereum offer a better hedge against the risks posed by currency debasement.

During his recent appearance at the Vancouver Resource Investor Conference, Kiyosaki stressed the importance of financial education regarding these alternative assets. He emphasized that these commodities are more resilient, especially in times of economic uncertainty.

Robert Kiyosaki Stands Firm on Silver Holdings

While Kiyosaki has made strategic moves with some of his assets, he confirmed that he has not sold any of his silver holdings. Despite rumors that he had liquidated his silver to invest more in Bitcoin, Kiyosaki denied these claims. He clarified that he had sold some Bitcoin and a portion of his gold to finance the purchase of a new home.

Reflecting on his decisions, Kiyosaki expressed regret about selling some of his gold and Bitcoin.

However, he stood by his decision to hold onto silver, considering it a wise move given the current market trends.

Bitcoin and Ethereum as Key Assets

Kiyosaki also recommended Bitcoin and Ethereum as strong investment options. Bitcoin is currently trading at $88,927, with Ethereum maintaining a solid presence in the market. Kiyosaki sees both cryptocurrencies as viable stores of value amid growing concerns about the dollar.

While Bitcoin’s performance has been relatively stable, Kiyosaki remains confident in its long-term prospects. He views Bitcoin as a form of digital gold, offering investors an alternative to traditional fiat currencies. Ethereum, with its increasing use in decentralized finance, also presents a compelling investment for Kiyosaki.

At the same time, gold has reached an all-time high of $5,266 per ounce, signaling its enduring appeal as a safe-haven asset. Silver has also hit a new record, trading at $117.75 per ounce. These trends highlight the growing divergence between precious metals and digital currencies.

The U.S. Dollar Index, which tracks the strength of the dollar against other currencies, has weakened recently. It fell to 96.07, marking a 1.2% drop over the past week.

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