Robert Kiyosaki Recommends Bitcoin, Gold, Silver Investments

It appears that the economy is going to make a major tailspin downwards. 

Author Robert Kiyosaki reiterates that people should invest in Bitcoin, gold and silver "before it's too late."

According to an article in Cointelegraph:

The average person who tries to save money is a “loser,” said Kiyosaki while recommending investments in Bitcoin and precious metals.

Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, has reiterated his support for assets like Bitcoin, gold and silver as inflation threatens to worsen living standards globally.

The price of gold recently crossed $2,000 per ounce, marking a steady recovery amid the weakening value of fiat currencies. As a strong supporter of the Bitcoin ecosystem, Kiyosaki recommended his over 2.4 million followers on X (formerly Twitter) to reduce their exposure to fiat currencies, which he called the “fake money system.”

The average person who tries to save money is a “loser,” said Kiyosaki while recommending other forms of investments, such as gold, silver and BTC:

“Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.”

To read more, go here.

Here is an interesting video from Coach Corey Wayne in which he describes what to expect in the real estate market and interest rates as he's seen it all before:

How Will CBDCs Be Used For Political Oppression

For those of us who value our freedoms, the whole notion of Central Bank Digital Currency (CBDC) is a bad and dangerous idea.

To see why, Cointelegraph spells it all out.

They begin with:

Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails our financial system.

Unfortunately, those claims may not match reality, because there are two characteristics of CBDCs that their proponents don’t often mention. First, they offer an eternal trail of data about how you’re spending your money. Secondly, they are subject to “programmability,” which means political leaders will have the ability to dictate whether you’re even allowed to spend your money.

To read more, go here. 

RFK Jr.: Back The Dollar With "Hard Currency"

It is no wonder that Robert F. Kennedy Jr. is polling at around 20% and rising. He is definitely not in lockstep with the hard left of the Democrat Party.

Previously, he spoke against Central Bank Digital Currencies (CBDC) and now promises to strengthen the U.S. dollar with "hard currency".

Cointelegraph reported:

Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin if he is elected president. 

Speaking at a July 19 Heal-the-Divide PAC event, Kennedy claimed that backing the U.S. dollar with what he called “hard currency,” including gold, silver, platinum or Bitcoin, could help to re-stabilize the American economy.

“Backing dollars and U.S. debt obligations with hard assets could help restore strength back to the dollar, rein in inflation and usher in a new era of American financial stability, peace and prosperity.”

Kennedy explained the process would be gradual and that, depending on the plan’s success, he’d adjust the amount of backing for the dollar.

To read more, go here. 

UPDATE (7/22/23):

Investing.com posted an article on Kennedy's sound money plank. To read it, go here.