'Rich Dad Poor Dad' Author Robert Kiyosaki Warns Against Buying Bitcoin, Gold, Silver On Hype: 'There Is Nothing Safe
Robert Kiyosaki warned investors against buying Bitcoin, gold and silver “on hype,” reiterating skepticism about the safety of U.S. bonds and urging due diligence. The piece notes major holders such as Japan and China have reduced U.S. Treasury holdings and that China bought 8 tonnes of gold in April (its largest monthly addition since Dec 2024), suggesting some capital rotation into precious metals. Benzinga flags Kiyosaki’s prior bullish, now-missed BTC forecasts ($100k in June 2024; $350k by Aug 2024). Market impact: his cautionary comments may temper retail enthusiasm and reinforce flows toward gold and silver while adding nuance to crypto sentiment—especially given BTC quoted near $73,500 in the article.