The best-selling author of Rich Dad Poor Dad suggested purchasing Bitcoin and two other commodities, warning that a U.S. dollar crash might take place by January.
Amidst the strengthening of the US dollar and ongoing interest rate increases, businessman and best-selling author Robert Kiyosaki has referred to Bitcoin, silver, and gold as a “buying opportunity” in a tweet.
The author noted the prices of the three commodities, sometimes referred to as “safe haven” assets, would continue declining as the U.S. dollar strengthened, proving its value once the “FED pivots” and lowers interest rates in a tweet on October 2 to his 2.1 million followers.
The day before, Kiyosaki wrote in a post that this “pivot” could occur as early as January 2023, causing the U.S. dollar to “crash” in a manner similar to the recently devalued English Pound Sterling.
Will the American dollar adopt the British pound sterling? It will, I think. After the Fed pivots, the US dollar will crash, in my opinion, by January 2023, Kiyosaki predicted, adding that he “will not be a victim of the F*CKed FED.”
A supporter of asset classes that the Fed cannot directly manipulate since May 2020, Kiyosaki once urged investors to “Get Bitcoin and save yourself” in the wake of the Fed’s sudden, massive money printing episodes in response to the COVID-19 pandemic.