Robert Kiyosaki, the author of Rich Dad, Poor Dad, has reaffirmed his bullish view on hard assets. He said he was buying more Bitcoin, Ethereum, and silver even though markets were bracing for a possible crash.
It is not a post Kiyosaki’s warnings of an imminent economic slump were shared by X Sunday. However, he said he was preparing himself for the downturn through accumulating “certain assets” he called. “real money.”
“Crash coming: Why I am buying, not selling,” He wrote that he had set ambitious goals of $27,000 in gold, $100 in silver, and $250,000.BTCBy the year 2026.
Kiyosaki claimed that his Jim Rickards Gold projection was his own, whereas his target of $250,000 Bitcoin aligns with the long-held belief he has had about BTC’s protection from the Federal Reserve. “fake money.”
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Kiyosaki is bullish about Ether after Tom Lee’s calls
Kiyosaki has also turned bullish about Ether.ETH). Kiyosaki cited Tom Lee from Fundstrat as an inspiration for his view that Ethereum is the blockchain underlying stablecoins. It gives Ethereum a distinct edge in global finance.
His conviction that these assets are valuable stems both from Gresham’s Law (bad money drives out the good) and Metcalfe’s Law which links network value with number of users.
Kiyosaki who says he owns both silver and gold mines has criticized US Treasury as well as the Federal Reserve. “printing fake money” To pay debts, call the United States “the biggest debtor nation in history.” “He repeated his famous mantra” “savers are losers,” Investors are encouraged to purchase real assets, even when the market is experiencing a correction.
While on-chain information appears to suggest a turnaround, it is not conclusive. Crypto Crib is a platform for market analysis. noted that Bitcoin’s Market Value by Realised Value (MVRV) ratio, a key indicator of market value versus realized value, has returned to 1.8, a level that has historically preceded 30–50% rebounds.
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Hayes: Rising US debt fuels Bitcoin rally
The Federal Reserve was criticized by former BitMEX chief Arthur Hayes last week. will be forced into a form The following are some examples of how to use “stealth quantitative easing (QE)” The US government’s debt is continuing to rise. The Fed’s Standing Repo Facility will be used to provide liquidity in the financial system, he said.
Hayes says that the quiet expansion in balance sheets will continue. “dollar liquidity positive”Bitcoins and other crypto-currencies are driving asset prices up.
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Source: cointelegraph.com
