Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad” is projecting Bitcoin to climb to over $1 million in five years’ time.
“I bought Bitcoin at $9,000 and I thought I was being fleeced but the reason I bought it at $9,000 was because COVID shut down the world economy,” he said. “I wish I had bought it at 10 cents, but now I look like a genius because today it is around $55,000. I think it’s going to $1.2 million in five more years.”
However, Kiyosaki tells Kitco’s Michelle Makori he still “prefers” gold and silver.
“Bitcoin is still untested. But I have the wherewithal to withstand the hit if it goes down. But, gold and silver are God’s money. I’ve traveled the world looking for this stuff,” he said.
0:00 – Stimulus
3:54 – Gresham’s Law
5:50 – Hedge against inflation
7:28 – Bitcoin
15:20 – Other cryptos besides Bitcoin
19:40 – Real estate
28:30 – Capitalist Manifesto
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit
Follow us on social media:
Live gold price and charts:
Live silver price and charts:
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors:
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.