Robert Kiyosaki, the well-known author of the best-selling book Rich Dad Poor Dad, forecast that the price of gold will rise to $3,800 this year and that silver will reach $75.
2023 Gold and Silver Price Predictions by Robert Kiyosaki
Robert Kiyosaki, the author of Rich Dad Poor Dad, has predicted the level of gold and silver prices for the year 2023.
Kiyosaki and Sharon Lechter co-authored the 1997 book Rich Dad Poor Dad.
Another tweet from the well-known author last week detailed how he entered the silver market: In 1964, I developed a silver nut.
He forewarned investors last week that they might be missing their last opportunity to purchase gold and silver at bargain prices.
He anticipates a stock market collapse, which will raise the price of gold and silver.
Kiyosaki has frequently stated that the Biden administration, the Federal Reserve, the Treasury, and Wall Street are all institutions he has little faith in.
He predicts that while the Federal Reserve keeps raising interest rates to combat inflation, the stock, bond, and real estate markets will implode.
In addition to gold and silver, Kiyosaki suggests bitcoin.
He recently claimed that when the Federal Reserve changes course and creates trillions of “false” dollars, bitcoin investors will become richer.
The well-known author added that because he is an investment in bitcoin rather than a trader, he feels ecstatic when the price of BTC reaches a new low.
He warned that the Securities and Exchange Commission (SEC) will kill most other cryptocurrencies with its regulations on Saturday and announced that he is increasing his bitcoin purchases.