According to the entrepreneur, silver, gold, and BTC may rise after the Fed cuts rates

Robert Kiyosaki urges buying bitcoin amid the strengthening dollar

03.10.2022 - 07:30

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2 min

What’s new? On Twitter, Robert Kiyosaki, an American entrepreneur and author of the bestseller “Rich Dad, Poor Dad,” has called three assets, which can be profitable to buy amid the strengthening dollar and continued interest rate hikes. Among them are gold, silver, and bitcoin. Kiyosaki also noted that the collapse of the dollar may occur as early as January 2023.

What other statements have been made? According to Kiyosaki, silver, gold, and bitcoin prices will continue to decline as the dollar strengthens and then prove their value once the US Federal Reserve System (Fed) eases monetary policy.

Earlier, Kiyosaki said that the reversal may occur as early as January 2023, causing the dollar to crash in the same way that the English pound sterling has recently collapsed.

As of October 3, 07:20 UTC, BTC is trading at $19 116, down by 1,22% in 24 hours, according to Binance.

Earlier in September, Kiyosaki called for buying cryptocurrencies. In his opinion, this should be done amid the impending crash of all markets combined with the decline of the economic system. Kiyosaki noted that the collapse “will lead to a transformation of the current world order, and cryptocurrencies have a chance to emerge victorious.”

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