Indonesian Political, Business & Finance News

Robert Kiyosaki Predicts Gold Surge, Could Reach US$35,000

| | Source: MARKET.BISNIS.COM Translated from Indonesian | Investment
Robert Kiyosaki Predicts Gold Surge, Could Reach US$35,000
Image: MARKET.BISNIS.COM

The bestselling author of Rich Dad Poor Dad, Robert Kiyosaki, has once again warned of the potential for significant turmoil in the global financial markets. He assesses that the world is on the brink of the largest asset bubble burst in history. Through a post on platform X, Kiyosaki describes a scenario in which safe-haven assets and cryptocurrencies could record significant gains in a relatively short time after a market correction occurs. He asserts that the timing of the crisis is merely awaiting the right momentum. “It’s not a question of whether it will happen, but when,” he writes, although he admits he cannot yet pinpoint the main trigger for the potential downfall. In his projection, Kiyosaki estimates that the price of gold could surge to US$35,000 per ounce within one year after the market bubble bursts. Meanwhile, silver is predicted to break through the US$200 per ounce level in the same period. Not only precious metals, Kiyosaki also sets ambitious targets for crypto assets. He estimates that Bitcoin could reach US$750,000 per coin, while Ethereum is projected to rise to US$95,000, each within one year after market pressures ease. On the other hand, Kiyosaki emphasises the importance of liquidity amid uncertainty. He states that holding cash still plays a strategic role during a crisis, particularly to capitalise on buying opportunities for undervalued assets. This view refers to the investment strategy of Warren Buffett, known for maintaining large cash reserves to acquire undervalued assets when the market weakens. Nevertheless, Kiyosaki admits to taking a different approach. He chooses to allocate cash funds to real and alternative assets, including oil wells, gold, silver, and Bitcoin. He also reminds of the importance of strategic preparedness for investors in facing potential crises. According to him, without a solid plan, the safest step is to avoid hasty actions. Furthermore, citing Business Today, Kiyosaki highlights geopolitical tensions in the Middle East as one factor that could drive increases in asset prices, particularly energy and commodities. He even links conflict escalation, including potential disruptions in the Strait of Hormuz, with the prospects for rising values in his energy sector investments. Nevertheless, Kiyosaki remains open to the possibility that his projections may not be entirely accurate. He encourages investors to continue conducting analysis and adjusting investment decisions to their individual circumstances. Consistently, Kiyosaki has long warned of the risks of a weakening US dollar and the importance of diversifying into real and alternative assets. His latest statement has once again sparked discussions about the direction of global markets amid economic and geopolitical uncertainties.

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