The well-known writer of the best-selling e-book Wealthy Dad Poor Dad, Robert Kiyosaki, has predicted that the value of gold will soar to $3,800 this yr whereas silver will hit $75. He additionally shared why he grew to become “a gold bug” and “a silver nut.”
Robert Kiyosaki’s 2023 Gold and Silver Value Predictions
The writer of Wealthy Dad Poor Dad, Robert Kiyosaki, has shared his prediction on how excessive he thinks the costs of gold and silver will attain in 2023.
Wealthy Dad Poor Dad is a 1997 e-book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Finest Vendor Record for over six years. Greater than 32 million copies of the e-book have been offered in over 51 languages throughout greater than 109 international locations.
Kiyosaki tweeted Thurday:
I predict silver going to $75 and gold to $3,800 in 2023.
He defined: “I grew to become a gold bug in 1972. I used to be a Marine pilot in Vietnam flying behind enemy strains hoping to purchase gold at a reduction as a result of the mine was in enemy arms. Came upon the value of gold is identical everywhere in the world.”
The well-known writer additionally shared how he acquired into silver in one other tweet final week: “I grew to become a silver nut in 1964. I used to be a dime and noticed a copper tinge across the edge. I used to be solely 17 however I knew we had been being screwed through our cash. Little did I do know then that the U.S. authorities violated Gresham’s Legislation which states faux cash drives out gold and silver.”
Final week, he warned traders that it might be the last chance for them to purchase gold and silver at low costs. He expects the inventory market to crash, sending the costs of gold and silver larger. On the time of writing, gold futures are buying and selling at $1,835.30 whereas silver futures are $24.24.
Kiyosaki has mentioned many occasions that he doesn’t belief the Biden administration, the Federal Reserve, the Treasury, and Wall Avenue.
He expects the inventory, bond, and actual property markets to crash because the Federal Reserve continues to hike rates of interest to battle inflation. He additionally believes that the U.S. greenback is “toast.”
Moreover gold and silver, Kiyosaki additionally recommends bitcoin. He just lately mentioned bitcoin traders will get richer when the Federal Reserve pivots and prints trillions of “faux” {dollars}. The well-known writer additionally famous that he’s a bitcoin investor, not a dealer, so he gets excited when the value of BTC hits a brand new backside. On Saturday, he mentioned he’s shopping for extra bitcoin, warning that the Securities and Change Fee (SEC) will crush most different cryptocurrencies with its rules.
What do you concentrate on Wealthy Dad Poor Dad writer Robert Kiyosaki’s predictions? Tell us within the feedback part beneath.
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