Rich Dad Poor Dad author Robert Kiyosaki piles on gold and silver as precious metal prices break records

Amid a surge in gold prices, which continued its upward trajectory on Wednesday, hitting an all-time high of Rs 1,22,780 per 10 gram on the Multi Commodity Exchange (MCX) and surpassing $4,000 per ounce internationally, Rich dad, poor dad author Robert Kiyosaki reiterated his bullish stance on precious metals and digital assets.

“Add to my pile of gold, silver, Bitcoin and Ethereum,” he wrote on X (formerly Twitter), wondering: “END of the US dollar?”

He also expressed skepticism toward traditional saving, saying, “US dollar savers are losers. Be a winner. Be careful.”

The comments come at a time when gold prices are testing record levels and market sentiment continues to favor alternative assets. Kiyosaki’s post has reignited discussions about the declining purchasing power of fiat currencies and the perceived long-term value of tangible and decentralized wealth.

In response to Kiyosaki, one user joked that fiat money is “the tutorial they forgot to remove,” adding that saving dollars is like holding on to Blockbuster gift cards in the Netflix era. The comment continued: “This is not financial advice. It’s a eulogy for the dollar. Buy gold. Buy crypto. Stack assets.”

Kiyosaki, a longtime proponent of hard assets, often emphasizes gold, silver and cryptocurrencies as protection against inflation and currency devaluation. His latest statement reinforces this view and reflects the confidence in non-fiat assets amid the ongoing global financial shifts.

Globally, gold surpassed $4,000 an ounce for the first time, fueled by speculation about possible US Federal Reserve rate cuts and a flight to safe havens amid geopolitical turbulence.

Also read: Gold shatters all records, surpasses Rs 1.22 lakh/10 grams. Should you buy more or book a profit?

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