The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosaki also warned that a “giant crash” is coming and a depression is possible.
Robert Kiyosaki’s Latest Bitcoin, Gold, Silver Price Predictions
The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest predictions on bitcoin, gold, and silver. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki tweeted Sunday:
Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000, silver at $500, and bitcoin at $500,000.
“Why? Because faith in U.S. dollar, fake money, will be destroyed. Gold & silver [are] God’s money. Bitcoin [is] people’s $. Take care,” the famous author added. Kiyosaki previously explained that gold, silver, and BTC are real money whereas the U.S. dollar is fake money.
In January, he said we are in a global recession, warning of soaring bankruptcies, unemployment, and homelessness. The renowned author predicted that gold will soar to $3,800 while silver will rise to $75 this year. He said last December that gold, silver, and bitcoin owners will get richer when the Federal Reserve pivots and prints trillions of dollars. At the time of writing, bitcoin is trading at $22,042 while gold’s spot price is $1,869 per ounce and silver is $22.23 per ounce.
Kiyosaki is not the only one who is bullish about the price of bitcoin. Crypto-focused investment firm Pantera Capital recently said that we are in the next bull market cycle. Investment management firm Ark Invest expects bitcoin to become a multitrillion-dollar market, predicting that BTC could reach $1.48 million per coin.
However, Kiyosaki warned last week that “everything will crash” but advised investors not to panic. He added that he plans to buy more gold, silver, and bitcoin. The famous author previously said that he is a bitcoin investor, not a trader, so he gets excited when BTC hits a new bottom.
What do you think about the predictions and warnings by Rich Dad Poor Dad author Robert Kiyosaki? Let us know in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.