Robert Kiyosaki, a renowned businessman and author of a highly successful financial book series, Rich Dad Poor Dad, warns of the possibility of a global financial crisis in a recent post on He advises people to invest in gold, silver and Bitcoin to protect their wealth. Here’s what you need to know.
Why Kiyosaki distrusts the American financial system
The popular financial author sharply criticizes the US government, the Treasury Department and the Federal Reserve, denouncing the established financial governance system as a “Den of Thieves.”
The 77-year-old business leader says he lost faith in the US-based system when silver coins were replaced by alloys in 1965.
He also presents the 1971 abolition of gold standards by the Nixon regime as a new reason for his distrust of the US government and its established economic system dominated by the US dollar.
THANK YOU gold, silver and Bitcoin HODLERS: I do not trust the US Giverment, the US Treasury, or the FED.
If you trust these Den of Thieves that is your choice. I stopped trusting my government in 1965, when I noticed our silver coins were now alloys of cooper.
In 1971…
— Robert Kiyosaki (@theRealKiyosaki) December 21, 2024
The arguments for gold, silver and Bitcoin
The American businessman dismisses fiat money as fake money and advises people to invest in gold, silver and Bitcoin.
It is not the first time he has openly questioned the credibility of fiat money. In some of his recent interviews, he explained how fake money is used to loot people.
Criticism of financial planners and education system
Kiyoski highlights how financial planners mislead people and recommends preparing by learning about money and investing independently using options such as YouTube videos.
In conclusion, Kiyosaki’s message is clear: protect your wealth by investing in real assets and educating yourself. As financial uncertainties loom, his advice to think independently about money has never been more relevant.
