finbold.com
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has made some bleak predictions about the economic outlook, as he praised gold, silver, and Bitcoin (BTC) as alternatives to the United States dollar.
Indeed, with the gloomy warnings of a “giant crash coming” and “depression possible,” Kiyosaki explained that the Federal Reserve was “forced to print billions in fake money,” which is how he referred to the U.S. dollar in his tweet on February 13.
On the other hand, he projected that by 2025, gold would reach the price of $5,000 per ounce, “silver at $500, and Bitcoin at $500,000,” because “faith in [the] US dollar, fake money, will be destroyed.” Finally, he addressed gold and silver as “God’s money,” and Bitcoin as “people’s dollar.”
It is also worth noting that one of Bitcoin’s key technical indicators, the Rainbow relative strength index (RSI), had turned green for the first time on February 12 after an extended correction, suggesting long-term bullish momentum, as Finbold reported.
Featured image via Ben Shapiro’s YouTube.
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