Robert Kiyosaki, renowned author of 'Rich Dad Poor Dad,' has paused his purchases of Bitcoin, gold, and silver, citing concerns over the expanding U.S. debt burden. Kiyosaki emphasized that the primary market risk lies in U.S. fiscal instability rather than short-term price fluctuations. He has set specific buy triggers, including silver at $74 and gold at $4,000 per ounce, and is waiting for clear market bottoms before re-entering.
Kiyosaki highlighted the U.S. national debt, which he claims has reached approximately $38 trillion, with long-term liabilities nearing $250 trillion when including programs like Social Security and Medicare. He criticized the Federal Reserve and political leaders for policy failures, maintaining his skepticism towards fiat currencies. Despite recent volatility, with Bitcoin down 8.3% in 24 hours, Kiyosaki remains patient, planning to announce publicly when he resumes buying.
Robert Kiyosaki Halts Bitcoin, Gold, and Silver Purchases Amid U.S. Debt Concerns
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