Robert Kiyosaki – an American businessman, investor, and motivational speaker better known as the author of the bestseller “Rich Dad, Poor Dad” – thinks the current crisis in the banking sector will intensify. As such, he advised investors to focus on bitcoin, gold, and silver, arguing those assets could save them amid the potential turbulence.

BTC has quickly regained ground after plunging significantly on the news of Silicon Valley Bank’s collapse. Despite the ongoing uncertainty in the monetary system, it crossed the $22K mark, causing many to believe it will soon start a new bull run. Arthur Hayes seems to be a proponent of this thesis.

Same Advice

In a recent post on Twitter, Kiyosaki said the current crisis will prompt central banks to print more “fake money” as a response. In his view, the move will not erase the issue but “invade sick economy.” He encouraged investors to purchase more bitcoin, gold, and silver to overcome such a catastrophe. 

BAIL OUTS begin. More fake money to invade sick economy. Still recommend same response. Buy more G, S, BC. Take care. Crash landing ahead.

— Robert Kiyosaki (@theRealKiyosaki) March 13, 2023

The most recent mass printing of fiat occurred shortly after the COVID-19 outbreak. Back then, numerous central banking institutions, including the US Federal Reserve, stimulated the shuttered economy with trillions of freshly-printed dollars. While the policy had its short-term positive effect, it (among other factors) created record inflation in many countries.

The rate in the USA surpassed 9% last summer (a figure last seen in 1981). Prior to reaching that peak, Kiyosaki