Financial expert Robert Kiyosaki foresees a potential decline in Bitcoin and precious metal prices as new tariff policies are implemented.
Kiyosaki views any resulting price dips as strategic buying opportunities rather than market setbacks.
In a recent announcement, Kiyosaki identified the new tariffs as potential triggers for price drops in gold, silver, and Bitcoin (BTC). He emphasized that the escalating debt crisis is the underlying issue that must be addressed.
Kiyosaki Identifies Market Opportunities
The financial author regards market downturns as advantageous times to acquire assets at lower prices, stating, “Market downturns mean assets are on sale. Time to get richer.”
This perspective reinforces Kiyosaki’s long-established investment approach and earlier market forecasts. He had previously warned of an impending “significant market crash” while reiterating his positive outlook on alternative investments.
Kiyosaki has consistently voiced concerns regarding the Federal Reserve and banking practices that rely heavily on monetary expansion, arguing that this disproportionately benefits asset holders at the expense of cash savers.
He also highlighted two critical economic concepts related to Bitcoin’s potential. Citing Gresham’s Law, he explained how ineffective currency tends to push effective currency out of circulation. Kiyosaki believes that Bitcoin, along with gold and silver, contributes to the diminishing role of the U.S. dollar.
He further discussed Metcalfe’s Law to illustrate the impact of networks, comparing Bitcoin’s growth to that of successful franchises. Despite forecasting a possible market crash, Kiyosaki remains optimistic about Bitcoin’s long-term viability, considering market declines as prime opportunities for asset acquisition.
Following the announcement of the new tariffs, cryptocurrencies have faced downward pressure. As of the latest update, several major cryptocurrencies experienced declines:
CRYPTOCURRENCY | PRICE | GAINS +/- |
Bitcoin | $102,240 | -2.3% |
Ethereum | $3,262 | -2.6% |
Solana | $228.29 | -4.6% |
XRP | $3.00 | -3.1% |
Dogecoin | $0.3256 | -2% |
Shiba Inu | $0.0000187 | -1.6% |