Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has recently criticized President Joe Biden while advocating for the purchase of Bitcoin, gold, and silver. In a tweet posted on Saturday, Kiyosaki expressed that his decision to buy an electric vehicle (EV) was motivated by the ongoing Israel-Hamas conflict, which he believes revolves around oil. He criticized Biden and his administration for contributing to higher gas prices, claiming that this would further impoverish the poor while appeasing “liberal woke Greenies.”
Kiyosaki urged his followers not to become “a pawn of Biden and woke greenies” and suggested fighting back by investing in gold, silver, and Bitcoin. He went on to condemn Biden as “the worst and weakest president in history,” alleging that he had been manipulated by “woke liberals.”
Kiyosaki’s call to invest in Bitcoin, gold, and silver comes at a time when these assets are experiencing significant price movements. Bitcoin recently surpassed the $40,000 mark for the first time since April 2022, and the global cryptocurrency market cap has risen to $1.51 trillion, a 1.6% increase. Concurrently, gold has also seen a rally, trading above $2,100 for the first time ever, according to financial commentator Peter Schiff, who considers the precious metal’s price movement more noteworthy than Bitcoin’s recent performance.
This is not the first time Kiyosaki has touted Bitcoin as a valuable asset. He previously praised it as the “best protection” against potential hyperinflation, highlighting its decentralized nature as “people’s money.”
It is worth noting that Kiyosaki’s opinions on politics and investments are highly subjective and should be taken as such. However, his influence as a successful author and investor may sway some individuals to consider his recommendations.
As always, it is important for investors to conduct thorough research and seek professional advice before making any investment decisions. The cryptocurrency and precious metals markets can be highly volatile, and investments should be made with caution and a long-term perspective.
In conclusion, Robert Kiyosaki’s criticism of President Joe Biden and his endorsement of Bitcoin, gold, and silver as investment options reflects his personal opinions and should be evaluated critically. Investors should consider a variety of factors and seek expert guidance when making investment decisions in these volatile markets.
