Gold’s recent push to an all-time high price is “great news,” according to author Robert Kiyosaki, who once again urged investors to put their money in the precious metal as well as Bitcoin (BTC).
The Bitcoin proponent and acclaimed author of the popular personal finance book “Rich Dad Poor Dad” took to social media, where he has a following of over 2.4 million, and name-dropped Bitcoin as a worthy investment pathway.
Kiyosaki’s latest statement aligns with his previous remarks on prioritizing investments in the leading cryptocurrency.
Recently, concerned by the potential impact of inflationary policies, the financial educator advised traders and investors to consider investing in BTC as a protective measure.
The bestselling author asserted that inflation, which he associated with Marxist ideologies, drives up prices while true capitalism strives to lower prices.
He claimed that the current American leadership may lean towards Marxist principles, forcing people to consider securing their wealth in gold, silver, or Bitcoin instead of the rapidly depreciating dollar.
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Author: Julius Mutunkei