Robert Kiyosaki Urges Investors to Buy Bitcoin, Gold and Silver

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Serial entrepreneur and author Robert Kiyosaki thinks that investors should refrain from asking questions about the most preferred between gold, silver, and Bitcoin (BTC) at this point. His X post suggests that any of these assets could be leveraged as an investment hedge as the United States nears some of its most crucial moments, including a potential interest rate cut.

This post from the author suggests that even as a core Bitcoin advocate, Kiyosaki is more concerned about ensuring that people have worthwhile investments.

Kiyosaki Call BTC, Gold, and Silver Safe Haven Assets

According to the author of “Rich Dad, Poor Dad,” BTC, gold and silver prices are on the brink of an explosion. He recalled his earlier post, reiterating that anyone who is still bothered about which one is better, gold or Bitcoin, will end up as a loser. In the past, Kiyosaki stressed the necessity for investors to incorporate safe-haven assets into their financial strategies.

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He even likened the suggested assets to “parachutes” that provide a soft landing amidst economic crises, emphasizing the need for diversification and resilience in investment portfolios.

Incoming US Federal Reserve Interest Rates Cut

For the longest time, the possibility of an interest rate cut has been growing every day. The recent release of the US PPI inflation reading, which showed an improving economy, bolstered the anticipation. Chris Larkin, the managing director of trading and investing for E-Trade at Morgan Stanley, noted that the markets are expecting an initial 0.25% cut.

Another group of analysts believes the September 18 interest rate cut could be 50 basis points. Some economists from CITI have placed their bets on a 125 bps rate cut in 2024. Lower inflation and a reduced borrowing rate could boost the US economy and give risk-on assets like Bitcoin a boost in price.

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Buy Some More Bitcoin

Kiyosaki is confident that real estate, gold, silver, and Bitcoin will be useful when inflation hits the US economy. Therefore, he thinks investors should ask themselves, “How many gold and silver coins and Bitcoins do I own?” Then, he advises them to buy some more of these assets.

“Then please do something brave. Buy some (more) gold, silver, or Bitcoin…before the Fed pivots and drops interest rates,” Rich Dad Poor Dad author wrote on X.