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FameEX Hot Topics | Robert Kiyosaki Predicts $105,000 Bitcoin and $3,300 Gold if Trump Wins

2024-07-24 18:38:05

Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce, and bitcoin from $67,400 to $105,000 per coin by August 2025.


Kiyosaki, a best-selling author, shared his predictions on social media platform X on Tuesday. Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter in 1997, has been on the New York Times Best Seller List for over six years, selling more than 32 million copies in 51 languages across 109 countries.


“Why gold, silver, [and] bitcoin will rise in price when Trump becomes president again,” the renowned author began. “Trump wants a weaker dollar so America will begin exporting more than importing. With a weaker dollar, jobs will come back and assets will go up in price.” Moreover, he noted that Trump plans extensive oil drilling, which would lower oil prices.


“A weaker dollar will increase exports, create jobs, open new factories and make gold, silver, bitcoin, stocks, and real estate, rise in price,” Kiyosaki stressed, adding:


“I predict gold will rise from $2,400 an ounce to $3,300; silver from $29.00 an ounce to $79.00; and bitcoin from $67,400 per coin to $105,000 by August 2025.”


Contrasting Trump’s oil policy, Kiyosaki criticized President Joe Biden, stating: “Biden did the exact opposite. His first act was to kill the Keystone XL pipeline. When Biden killed the Keystone pipeline, the price of oil jumped from $30 a barrel to $130 a barrel.” He continued: “High oil prices caused massive inflation wiping out the poor and middle class. Then Biden had to tap into America’s oil reserves because America did not have enough oil.”


Kiyosaki’s predictions highlight the potential economic shifts that could result from a change in U.S. leadership, particularly in relation to the value of the dollar and the prices of key assets like gold, silver, and bitcoin.


Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.

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