Robert Kiyosaki Calls Bitcoin a “Buying Opportunity” as US Dollar Soars

Best-selling author Rich Dad Poor Dad flagged Bitcoin and two other commodities as buying opportunities, noting that a collapse of the US dollar could occur in January.

Businessman and Rich Dad Poor Dad best-selling author Robert Kiyosaki called Bitcoin (BTC), silver and gold a “buying opportunity” amid a strengthening dollar US and continued rise in interest rates.

In an October 2 Twitter post to his 2.1 million followers, the author noted that the prices of the three commodities – sometimes referred to as “safe-haven” assets – would continue to decline as the US dollar would grow stronger, thus proving its worth. once the "FED pivots" and lowers interest rates.

BUYING OPPORTUNITY: If the FED continues to raise interest rates, the US dollar will become stronger, leading to lower prices for gold, silver money and bitcoin. Buy more. When the Fed pivots and lowers interest rates like England just did, you will smile while others will cry. Take care of yourself

In an article published the day before, Kiyosaki predicted that this “pivot” could happen as early as January 2023, which would see the US dollar “crash” in the same way the British pound recently crashed.

“Will the US dollar follow the British pound? I believe it. I think the US dollar will crash by January 2023 after the Fed pivot,” Kiyosaki said, adding that he "will not be a victim of the F*CKed FED".

Since May. 2020, Kiyosaki has been a proponent of asset classes the Fed cannot directly manipulate, having once warned investors to "Get Bitcoin and save yourself" following immediate bouts of massive Fed money printing. in response to the COVID-19 pandemic.

Interestingly, Kiyosaki's taste for bitcoin persists despite not believing it has any value, he said in a recent interview on...