Robert Kiyosaki Recommends Buying Gold and Bitcoin Due to Inflation

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Renowned author of Rich Dad Poor Dad and successful entrepreneur Robert Kiyosaki recently advised people to invest in gold, silver, and the first cryptocurrency in response to increasing inflation in the United States.

In a tweet, he stated:

“True capitalists lower prices, causing deflation. Marxists raise prices, causing inflation. Our leaders are Marxists, which is why we are experiencing inflation. Protect yourself from Marxist leaders. Invest in gold, silver and bitcoin, not dollars.”

This is not the first time Kiyosaki has encouraged his followers to consider alternative investment options.

In September 2022, he predicted “the biggest crash in history” and in October, he recommended purchasing the first cryptocurrency and other digital assets as the Federal Reserve raised interest rates.

In February 2023, he forecasted bitcoin reaching $500,000 by 2025 and called it the best defense against instability, but cautioned about its volatility. Kiyosaki has consistently advised in March, April and May to buy digital gold and precious metals as a precaution before a potential “crash landing” amid issues with American banks.