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Well-known bestseller Rich Dad Poor Dad, Robert Kiyosaki, predicted that the price of gold will rise to $3,800 this year while money will reach $75. He also explained why he became "a golden insect" and "a silver walnut."
Predictions of the gold and silver prices of 2023 by Robert Kiyosaki.
Rich Dad Poor Dad's author, Robert Kiyosaki, shared his prediction about the level at which he expects gold and silver prices to reach by 2023.
Papa Rich Papa Poverty is a book co-written in 1997 by kiyosaki and sharon lechter. He's been on the best-selling list of the New York Times for more than six years. More than 32 million copies were sold in over 51 languages in more than 109 countries around the world.
Kiyosaki posted on Thursday:
I anticipate that the money will increase to $75 and the gold will increase to $3,800 by 2023.
He said, I became an auriferous insect in 1972. I was a Vietnamese naval pilot flying behind enemy lines hoping to buy cheap gold because the mine was in enemy hands. The price of gold has been found to be the same around the world."
The well-known author also shared how he entered money in another tweet last week: "I became a silver nut in 1964. I looked at a penny and saw a hue of copper on the edge. I was only 17, but I knew we were getting ripped off. I was not aware at the time that the United States government had broken Gresham's law that counterfeit silver hunts for gold and silver."
Last week, he warned investors that it may be the last chance for them to buy gold and silver at low prices. He anticipates that the stock market will collapse, sending higher gold and silver prices. At the time of writing, gold forward contracts were trading at $1,835.30 while money forward contracts were trading at $24.24.
Kiyosaki has repeatedly said that he does not have confidence in the Biden administration, the Federal Reserve, the Treasury and Wall Street.
He expects the stock, bond, and real estate markets to crash as the Federal Reserve continues to hike interest rates to fight inflation. He also believes that the U.S. dollar is “.”
Besides gold and silver, Kiyosaki also recommends bitcoin. He recently said bitcoin investors will get richer when the Federal Reserve pivots and prints trillions of “fake” dollars. The famous author also noted that he is a bitcoin investor, not a trader, so he gets excited when the price of hits a new bottom. On Saturday, he said he is buying more bitcoin, warning that the Securities and Exchange Commission (SEC) will crush most other cryptocurrencies with its regulations.
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