In today’s economic turmoil, being prepared and staying positive are not just good ideas—they’re essential survival skills. Renowned analyst Robert Kiyosaki isn’t mincing words when it comes to cautioning newbie investors taking a blind plunge into the crypto world.
With Bitcoin smashing through the $43,000 mark over the weekend, the hype is real. But before you get excited, it’s not just Bitcoin stealing the show! As the market mood turns bullish, other industries, lesser-known coins are revving up high towards their ambitious targets.
Get ready for some serious market action!
Robert Kiyosaki Reveals His Fortune Maker’s
With Bitcoin’s price hovering and other assets fluctuating, financial expert Robert Kiyosaki recently sparked debate by revealing a major pivot in his investment outlook.
As Bitcoin floats at $45,000 and silver and gold prices dance around $25 and $1,800 per ounce respectively, Kiyosaki, famous for championing Bitcoin and precious metals, unveiled an unexpected revelation. In contrast to what most people think, he said that his huge wealth doesn’t come mostly from Bitcoin or the usual safe havens of silver and gold.
Shockingly, Kiyosaki in his X post disclosed that a considerable portion of his wealth arises from investments in the resource industry. This sudden shift away from his traditional backing of tech and precious metals highlights his newfound enthusiasm for the Vancouver Resources Investment Conference (VRIC) in British Columbia.
Kiyosaki expressed profound confidence in the potential of resource-focused startups to shape the future of stock and bond markets, a departure from the tech-driven landscape of Silicon Valley he had previously emphasized.
Kiyosaki’s recent interest in resource investments is noticeable, but he remains open to various investment opportunities. He once considered investing in Apple shares, analyzing CEO Tim Cook’s stock sales and stock fluctuations post a downgrade by KeyBank. He views a possible AAPL drop below $150 as a chance to buy. Despite hitting a low of $166.89 on Oct. 26 in the last six months, the current value stands at $193.60, showing a 4.50% increase during this time.
However, Kiyosaki maintains unwavering support for Bitcoin, silver, and gold as trusted assets in times of market volatility. His forecasts include Bitcoin surging to $135,000, gold reaching $2,300 per ounce, and silver hitting $68 per ounce, all voiced when Bitcoin was testing the $30,000 level in late October. Despite his newfound interest in resource-focused ventures, he stands by the resilience and potential of these traditional safe-haven assets.
Advice for Investors: Build Your Base!
Kiyosaki’s unique investment portfolio emphasizes the need to rethink financial methods and diversify during economic uncertainty. He believes in money, but he advises against relying on outdated equities that lose value. He advises investing in cash-flowing assets to survive economic downturns and geopolitical tensions.
