Robert Kiyosaki Is Dumping Gold and Silver: Here’s What He’s Buying Instead
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Jennifer Taylor
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Kristen Mae
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He’s been saving gold and silver for decades, but Robert Kiyosaki is shifting his strategy. Always ready to make a lucrative new money move, he’s now buying cryptocurrency. In a video posted to “The Rich Dad Channel,” he said he’s been saving silver since 1964, but has decided to trade in his silver to buy more Bitcoin.
“I’m trading in my silver to buy more bitcoin, because the silver I was buying [that] was at 10 cents an ounce, today is $30 an ounce,” he said. “So, the dollar went down, the price of silver and gold went up, so now I’m going to trade that for bitcoin.”
One of the reasons Kiyosaki has chosen to invest in Bitcoin is his lack of confidence in the U.S. dollar.
“They’re printing one trillion [dollars] every 90 days, and as much as I like President Trump, who [is] a friend of mine, they don’t talk about it,” he said. “They don’t talk about how they’re going to handle that debt.”
Kiyosaki Doubles Down on Bitcoin Support
On March 1, 2025, Kiyosaki posted on X that Bitcoin might be a scam. However, if it is, he wrote that it isn’t a big scam like the U.S. dollar and the U.S. banking system, starting with the Federal Reserve Bank.
“I predict a collapse of our financial system,” he wrote.
He encouraged followers to buy Bitcoin but warned against Bitcoin ETFs.
Instead of buying, storing and trading bitcoins directly, a Bitcoin ETF is a fund that monitors the price of Bitcoin. Traded on the major stock exchanges, Bitcoin ETFs reflect the current price of Bitcoin but are not technically the cryptocurrency itself.
On February 26 Kiyosaki posted on X that Bitcoin is crashing, it’s on sale and he’s buying it.
“The problem is not Bitcoin,” he wrote. “The problem is our monetary system and our criminal bankers.”
He shared a few reasons why he thought Bitcoin was crashing, including America’s debt and his belief that the U.S. dollar would crash when countries like Japan and China stopped buying U.S. bonds, leading to high levels of inflation.
“When Bitcoin crashes, I smile and buy more,” he wrote. “Bitcoin is money with integrity.”
On November 22, 2024, X posted, he praised Michael Saylor, MSTR executive chairman of strategy, and an advocate for the Bitcoin Standard.
“I think Michael Saylor is a genius,” he wrote.
He wrote that he was following Saylor’s tactical investment plan to make himself and the employees of his company richer and their jobs more secure.
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