- Writer Robert Kiyosaki of the famous writer of ‘Rich Dad, Poor Dad’, is known for his realistic financial decision.
- Robert Kiyosaki has decided to go back to the basics of his finance growth secret which makes the asset work for you.
- Writer Robert Kiyosaki is now suggesting to invest in Bitcoin, gold, and silver.
Writer Robert Kiyosaki of the famous writer of ‘Rich Dad, Poor Dad’, is known for his realistic financial decision. He also teaches people on various topics of ‘financial literacy’ on his YouTube channel. This time he chose twitter to make some financial forecasts. Through the tweet, it seems writer Robert Kiyosaki has decided to go back to the basics of his finance growth secret, he suggested to diversify the portfolio with Gold, silver, and bitcoin.
ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.
— therealkiyosaki (@theRealKiyosaki) May 16, 2020
But there are some differences this time. It seems the latest financial crisis scenario of COVID-19 has impacted Robert Kiyosaki a lot. The tweet revealed that he stopped preferring cash and equity market. Writer Robert Kiyosaki is now suggesting to invest in Bitcoin, gold, and silver.
Writer Robert Kiyosaki’s Predictions Over Bitcoin, Gold, And Silver
He warned us of a dire economy. According to the tweet of Kiyosaki, the hope of reviving the economy has faded a lot. Furthermore, government spending will increase further. Here is a prediction of writer Robert Kiyosaki of silver, gold and Bitcoin for the next year and three to five years.
1. Silver traded today around $17. According to writer Kiyosaki, the metal can touch to $40 in the next 5 years.
2. Gold traded today around $1700. According to Robert Kiyosaki, the metal can touch to $3000 in 2021.
3. Bitcoin traded today around $9800. According to the American Businessman, the crypto can touch $75000 level in the next 3 years.
Reality Checks of These Investment Suggestions
There are many fund managers who made the decision to invest around 1-2% in Bitcoin. Thus, this new trend helped the crypto make solid up moves in recent weeks. The fund managers are taking such a decision to minimize the risk in equity and cash.
From the starting of the fast-spreading of Covid-19, almost all the stock markets gave negative returns. Furthermore, there is an increase in the trend in investment in gold and silver, when the forecast of the equity market is negative. However, if scientists can invent the vaccine of Covid-19 within a month, then the situation can be reversed.
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