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Robert Kiyosaki, the well-known author of Rich Dad Poor Dad, recently took to X (formerly Twitter) to issue a stark warning to his followers regarding the current investment climate. He described the current era as “weird” and advised individuals to exercise caution when considering advice from seemingly credible sources. Kiyosaki’s message was clear: not all advice is beneficial, especially in a market where eccentricity can lead to misguided investments.

The cautionary tale shared by Kiyosaki revolved around Iraqi dinars. He recounted how a woman approached a friend and recommended investing in these dinars, claiming that “Jesus told me to tell everyone that Iraqi Dinars are the safest and the finest.” This unconventional endorsement prompted Kiyosaki to emphasize the importance of evaluating the source of financial advice. In uncertain times, even well-intentioned advice can steer investors in the wrong direction. Kiyosaki urged his audience to be extra careful about the advice they choose to follow.

As individuals navigate an increasingly complex financial landscape, the risk of falling prey to fraudulent recommendations rises, particularly as more people turn to social media for investment advice. Kiyosaki’s cautionary tale serves as a reminder that claims of divine inspiration do not guarantee the soundness of the advice being offered.

Kiyosaki also advocates for a change in investment strategy, believing that the traditional 60/40 stock-to-bond formula is outdated and flawed. He recommends allocating 75% of portfolios to gold, silver, and Bitcoin, with the remaining 25% in real estate and oil stocks. This diversification is aimed at creating a cushion against what he predicts will be one of the worst financial catastrophes in history.

What sets Kiyosaki apart is his belief in Bitcoin, which he forecasts will reach $1 million per coin by 2030. He encourages his followers to start accumulating Bitcoin and precious metals now, as he views these assets as safe havens when national currencies falter.

Looking ahead, Kiyosaki warns that the future of money may be uncertain, particularly with the advancement of artificial intelligence in global finance. He anticipates that AI could disrupt traditional financial systems and lead to economic upheaval. In light of this, Kiyosaki advises against investing in bonds or keeping money in anticipation of the impending turmoil. Instead, he suggests focusing on tangible assets like gold and silver coins, which could serve as currency during times of crisis.

Kiyosaki’s perspective reflects a growing sentiment among investors who are seeking stability amidst uncertainty. As individuals prepare for the challenges ahead, Kiyosaki’s advice to be cautious, diversify investments, and focus on tangible assets may prove valuable in navigating the evolving financial landscape.

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