Robert Kiyosaki predicts gold price to rise to $3,800, while silver to rise to $75 by 2023

The famous author of the bestselling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will reach $3,800 this year, while silver will reach $75. He also explained why he became a “gold bug” and one “silver nut“.

Robert Kiyosaki’s 2023 Gold and Silver Price Predictions

The author of rich dad poor dadRobert Kiyosaki, shared his predictions for the price level of gold and silver in 2023.

Robert Kiyosaki tweeted Thursday:

I predict that silver will reach $75 and gold $3,800 in 2023.

He explains: “I got into gold in 1972. I was a naval pilot in Vietnam, flying behind enemy lines hoping to buy gold at a discount because the mine was in enemy hands. I discovered that the price of gold is the same all over the world.

The famous author also shared how he got paid in another tweet last week: “I went crazy for money in 1964. I looked at a 10 cent coin and saw a copper color on the edge. I was only 17 but I knew we were getting messed up with our money. Little did I know at the time that the US government was violating Gresham’s Law, which states that counterfeit money makes gold and silver disappear.

Last week he warned investors that this may be their last chance to buy cheap gold and silver. He expects the stock market to crash, pushing up gold and silver prices. At the time of writing, gold futures are trading at $1,835.30 and silver futures at $24.24.

Robert Kiyosaki has repeatedly said that he does not trust the Biden administration, the Federal Reserve, the Treasury Department and Wall Street.

He expects stock, bond and housing markets to crash as the Federal Reserve continues to raise interest rates to fight inflation. He also believes that the US dollar is “gate“.

In addition to gold and silver, Kiyosaki also recommends bitcoin. He recently stated that bitcoin investors will become richer when the Federal Reserve turns and prints trillions of “False“dollars. The famous author also noted that he is a bitcoin investor, not a trader, and therefore gets excited when the price of gold and silver rises. BTC hits new lows. On Saturday, he said he bought more bitcoin and warned that the Securities and Exchange Commission (SEC) will crush most other cryptocurrencies with its regulation.

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