Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K

Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K
Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of Bitcoin Hitting will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosaki also warned that a “giant crash” is coming and depression is possible.

Robert Kiyosaki’s Latest Bitcoin, Gold, and Silver Price Predictions

The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest predictions on bitcoin, gold, and silver. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Sunday:

Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000, silver at $500, and bitcoin at $500,000.

“Why? Because faith in the U.S. dollar, fake money, will be destroyed. Gold & silver [are] God’s money. Bitcoin [is] people’s $. Take care,” the famous author added. Kiyosaki previously explained that gold, silver, and BTC are real money whereas the U.S. dollar is fake money.

In January, he said we are in a global recession, warning of soaring bankruptcies, unemployment, and homelessness. The renowned author predicted that gold will soar to $3,800 while silver will rise to $75 this year. He said last December that gold, silver, and bitcoin owners will get richer when the Federal Reserve pivots and prints trillions of dollars. At the time of writing, bitcoin is trading at $22,042 while gold’s spot price is $1,869 per ounce and silver is $22.23 per ounce.

Kiyosaki is not the only one who is bullish about the price of bitcoin. Crypto-focused investment firm Pantera Capital recently said that we are in the next bull market cycle. Investment management firm Ark Invest expects bitcoin to become a multitrillion-dollar market, predicting that BTC could reach $1.48 million per coin.

However, Kiyosaki warned last week that “everything will crash” but advised investors not to panic. He added that he plans to buy more gold, silver, and bitcoin. The famous author previously said that he is a bitcoin investor, not a trader, so he gets excited when BTC hits a new bottom.

What do you think about the predictions and warnings by Rich Dad Poor Dad author Robert Kiyosaki? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects, and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Bitcoin Dips After US Inflation Comes in Slightly Hot

Bitcoin Dips After US Inflation Comes in Slightly Hot

The report suggests the Fed will need to continue tightening monetary policy.

By Stephen Alpher

AccessTimeIconFeb 14, 2023 at 7:06 p.m.

Updated Feb 15, 2023, at 12:21 a.m.

CDCROP: Man pushing shopping cart of groceries up line chart arrow (Getty Images)
(Getty Images)

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The consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts.

On a year-over-year basis, however, inflation was running slightly hotter than hoped, coming in at a 6.4% pace in January versus 6.5% in December and against predictions for 6.2%.

The core CPI – which strips out food and energy costs – rose 0.4% in January, also in line with expectations and flat from December’s pace. Year-over-year core CPI in January was faster than forecast at 5.6% versus 5.5% expected and down from 5.7% a month earlier.

The price of bitcoin (BTC) fell about $100 in the minutes following the news, trading at $21,770 at press time. Stock index futures dipped a bit as well, with the Nasdaq 100 lower by 0.25%.

Traders are closely watching the pace of inflation, which remains elevated but has been slowing for several months. While a continued slowdown could give the U.S. Federal Reserve the space to perhaps pause its interest rate hiking cycle, Tuesday’s report suggests more work needs to be done.

For now, markets continue to expect the central bank to hike its benchmark fed funds rate another 25 basis points at each of its next two meetings (in March and May) and then pause increases.

Read more about

InflationCPIFederal ReserveBitcoin

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Stephen Alpher

Stephen Alpher is CoinDesk’s co-regional news chief, in the Americas. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.

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