"Since a long time ago, Robert Kiyosaki has been vocal, I don't know if this time it's true or not."
Robert Kiyosaki, the famous author of 'Rich Dad Poor Dad' who believes that the United States (US) government no longer cares about its people has doubled his holdings in the cryptocurrency Bitcoin (BTC) and gold.
According to his 2.4 million followers on social media platform X, investors should buy as much BTC as possible to defend themselves as US leaders want more war and poverty.
Therefore, Kiyosaki once again insisted that US citizens should work hard, spend wisely, save gold, silver including BTC.
This is because the Federal Reserve (Fed) is currently hoarding gold, but not to support its fiat currency but rather to protect banks and save itself from its own mismanagement, Kiyosaki commented further.
He also revealed that the wealthy are more interested in tax-free assets such as rental real estate, oil and food production than fiat currency as coined money is often reduced in quality or value through various means.
Through observation, the rich like to keep gold, silver and BTC instead of cash while the poor and middle class want jobs that promise a steady salary but do not offer job security.
The poor and middle class working in jobs that pay taxable income, then they will save the cash and invest in stocks, bonds, mutual funds including ETFs.
