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Robert Kiyosaki Doubles Down on Bitcoin as He Says Gold Is Headed to $35K – Bitcoin News

By WebDeskJune 16, 20263 Mins Read
Robert Kiyosaki Doubles Down on Bitcoin as He Says Gold Is Headed to K – Bitcoin News
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Key Takeaways

  • Kiyosaki reaffirmed support for bitcoin, gold, and other assets amid market uncertainty.
  • His $35,000 gold target extends earlier warnings about inflation, debt, and cash savings.
  • Digital assets remain central to his outlook, including major long-term bitcoin and ethereum targets.

Gold Surge Pushes Kiyosaki to Extend His Long-Term Hard-Asset Call

Robert Kiyosaki, author of Rich Dad Poor Dad, doubled down on bitcoin and other hard assets in a June 15 post on X while highlighting gold’s latest rally. He wrote that gold had “finally” begun its move, rising more than $100 in a day to around $4,300 an ounce.

Rather than portraying the jump as a missed opportunity, Kiyosaki told followers that gold’s climb was still in its early stages. He encouraged those who had not participated in the rally not to worry, reinforcing his long-held preference for precious metals and alternative assets over cash savings.

Kiyosaki wrote:

“I am confident it will be $35,000 an ounce by 2035. “

The forecast builds on earlier bullish calls. After gold broke above $5,000, Kiyosaki endorsed a projection that the metal could eventually reach $27,000 under severe monetary stress. His latest target pushes that outlook further into the future while reflecting concerns he has repeatedly raised about debt, inflation, and fiat currencies.

He also pointed to the matching “35” in both the price target and the year 2035. The broader message echoed a theme that has appeared throughout his recent commentary: shifting wealth from cash into assets he believes can better preserve purchasing power.

Dollar Warnings, Crash Calls, and Crypto Targets Shape the Message

Much of Kiyosaki’s post focused on cash. He described cash as “trash,” warned that savers would be “big losers,” and argued that holding dollars leaves investors exposed to inflation and monetary expansion. Similar concerns appeared in a June 13 post criticizing U.S. debt levels and money creation.

His recommended asset mix included gold, silver, bitcoin, ethereum, and oil. Kiyosaki said he has spent years exchanging what he calls “fake money” for “real money,” a strategy that has consistently placed bitcoin alongside precious metals in his public investment views.

Kiyosaki advised on June 15:

“Take some cash and buy gold, silver, bitcoin, Ethereum, or oil.”

The recommendation aligns with a broader set of economic warnings. Kiyosaki has cautioned that a major downturn could develop into a depression, cited previous market crashes as buying opportunities, and warned that millions of baby boomers could face financial hardship this year.

Digital assets continue to play a major role in that outlook. Earlier this year, Kiyosaki predicted bitcoin could reach $750,000 and ethereum $95,000 following a global financial crash. He closed his latest post by saying he does not like being a loser and does not want his followers to be losers either.

Credit: Source link

Previous ArticleFed Likely Holds Rate as Market Bets Persist on July Decision
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