Robert Kiyosaki Sells Gold, BTC For New Home, But Holds Onto Silver as His Prediction Comes True

Rich Dad Poor Dad author Robert Kiyosaki has been urging investors to buy precious metals such as gold and silver, as well as cryptocurrencies including Bitcoin and Ethereum, to protect against a market crash, which he believes is already underway. However, his followers were perplexed when reports emerged that he had been selling some of these assets.

Kiyosaki addressed the reports as rumours in a recent post on the social media platform X. He explained that he sold some Bitcoin and gold to buy a new home but did not touch his silver holdings. He also expressed regret over the sales.

'I wish I had not sold some gold and some Bitcoin. Selling some gold and Bitcoin was my mistake... a big mistake. Thank God I did not sell my silver,' he wrote.

'Why sell silver when I use debt to buy investment real estate for positive cash flow, with which I buy more gold, silver, Bitcoin and Ethereum.' He concluded by stating that it is a good time to sell 'fake dollars to buy real gold, silver, Bitcoin and Ethereum'.

Kiyosaki's Silver Forecast in November Comes True

Kiyosaki, who also claims to own a goldmine, predicted in November that silver prices could reach $100 (£73.10) per ounce. The precious metal topped $121 (£88.39) per ounce last week. The investor celebrated when silver surpassed the $100 mark in a separate X post and reiterated that gold prices could reach $27,000 (£19,723) per ounce in the future.

Kiyosaki doubled down on his bullish outlook for precious metals and cryptocurrencies, explaining why he maintained his strategy of accumulating these assets — particularly precious metals — despite price corrections. He previously shared on X that he owns gold and silver mines, and his latest gold price target was inspired by his friend and investment banker Jim Rickards. He emphasised that silver remains scarce, underpinning his bullish outlook.

'I began buying gold in 1971... the year Nixon took gold off the US dollar,' Kiyosaki said. 'Nixon violated Gresham's Law, which states, "When fake money enters the system... real money goes into hiding."' He has consistently championed silver and Ethereum, citing their industrial and technological utility as reasons they are currently undervalued but poised for growth.

Kiyosaki Takes Aim at the US Treasury, Fed

Kiyosaki has claimed that the US Treasury and Federal Reserve violate laws by printing 'fake money' to cover their bills, asserting: 'If you and I did what the Fed and Treasury are doing... we would be in jail for breaking the laws.' He added that the US is now the world's biggest debtor nation, reinforcing his warning that 'savers are losers'.

The investor believes a massive market correction has already begun, citing factors such as excessive debt, inflation, central bank policies, stretched valuations of major US firms, and rising geopolitical tensions. He argues that investors who hold precious metals are better positioned to hedge against persistent inflation and the ongoing devaluation of the US dollar.

Disclaimer: Our digital media content is for informational purposes only and is not investment advice. Please conduct your own analysis or seek professional advice before investing. Investments are subject to market risks, and past performance does not guarantee future results.