Kiyosaki Warns of Dollar Erosion: Buy Bitcoin, Gold, and Real Estate
Financial expert Robert Kiyosaki is urging investors to diversify their portfolios by purchasing Bitcoin, gold, silver, and selected real estate. He believes this will help protect wealth against inflation and a weakening US dollar. Kiyosaki's comments come as the US Treasury plans to double its long-dated bond buybacks, which he has criticized as 'printing fake dollars.'
Kiyosaki has previously advocated for buying Bitcoin, gold, and other assets to shield against market volatility. He acknowledges the risks of volatility and losses during market hype, but remains bullish on Bitcoin's potential.
The US Treasury's bond buyback program is set to begin on September 9 and will be closely watched for its impact on bond yields and markets. Kiyosaki sees this as a move that could further erode the value of the US dollar.