Bitcoin To $1m? Rich Dad Poor Dad Author Predicts When, But It Hinges On Disaster
Financial author Robert Kiyosaki has predicted that Bitcoin could reach $1 million by 2035, while gold may hit $30,000 and silver $3,000 per ounce.
“It will be the easiest money you ever made,” the “Rich Dad Poor Dad” author said.
But Kiyosaki’s forecast comes amid warnings of what he expects will be “the biggest stock market crash in history.”
In a recent tweet, the financial guru expressed concern about current economic indicators. This includes record-high credit card and U.S. government debt, rising unemployment, and troubled retirement accounts.
“USA may be heading for a GREATER DEPRESSION,” he warned.
Kiyosaki emphasized that despite the grim outlook, investors still have time to position themselves advantageously. “The good news is you can still do something and maybe even get rich, very rich,” he stated. He reiterated his consistent advice to “buy gold, silver, and Bitcoin.”
The financial educator suggested that even modest investments in these alternative assets could yield substantial returns during the economic downturn. “For those who take action today, when the crash crashes, those who invest in just one Bitcoin, or some gold, or silver… You may come through this crisis a very rich person,” Kiyosaki wrote.
Bitcoin could hit $1 million by 2035
His specific timeline projects that by 2035, approximately ten years from now, Bitcoin could exceed $1 million per coin, while gold might reach $30,000 and silver $3,000 per ounce. “It will be the easiest money you ever made,” he claimed.
This prediction comes as Bitcoin and precious metals have shown strong performance in recent months. In an April tweet, Kiyosaki noted, “Gold is at an all-time high, demand for silver is exploding, and Bitcoin is roaring.” He suggested these price movements signal deeper problems in the traditional financial system.
The author blames current economic conditions on what he calls a “sinister global banking cartel.” He specifically cites central banks, including the Bank of International Settlements, Bank of England, Bank of Japan, European Central Bank, and the Federal Reserve.
Some financial analysts dismiss Kiyosaki’s predictions as extreme and alarmist, but his advocacy for alternative assets as hedges against inflation and financial instability has gained popularity among investors concerned about monetary policy and government debt levels.
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