Robert Kiyosaki, author of Rich Dad Poor Dad, reaffirmed his support for bitcoin and other hard assets in a June 15 post on X, predicting gold will reach $35,000 an ounce by 2035. The statement followed gold's rally of more than $100 in a day to around $4,300 an ounce. Kiyosaki attributed his outlook to concerns about inflation, debt, and the erosion of cash savings under current monetary conditions. His latest forecast extends earlier warnings about fiat currencies and builds on a previous projection that gold could reach $27,000 under severe monetary stress.
Kiyosaki Sets $35,000 Gold Target Following Price Rally
Kiyosaki wrote in his June 15 post that gold had "finally" begun its move, rising more than $100 in a day to around $4,300 an ounce. He told followers the climb was still in its early stages and encouraged those who had not participated in the rally not to worry. Kiyosaki wrote, "I am confident it will be $35,000 an ounce by 2035." The forecast builds on an earlier projection that gold could eventually reach $27,000 under severe monetary stress, made after gold broke above $5,000. He pointed to the matching "35" in both the price target and the year 2035. The broader message reinforced his long-held preference for precious metals and alternative assets over cash savings.
Kiyosaki Describes Cash as Trash, Recommends Hard Assets
Much of Kiyosaki's June 15 post focused on cash. He described cash as "trash," warned that savers would be "big losers," and argued that holding dollars leaves investors exposed to inflation and monetary expansion. Similar concerns appeared in a June 13 post criticizing U.S. debt levels and money creation. His recommended asset mix included gold, silver, bitcoin, ethereum, and oil. Kiyosaki advised on June 15, "Take some cash and buy gold, silver, bitcoin, Ethereum, or oil." He said he has spent years exchanging what he calls "fake money" for "real money," a strategy that has consistently placed bitcoin alongside precious metals in his public investment views. He closed his post by saying he does not like being a loser and does not want his followers to be losers either.
Kiyosaki Previously Predicted Bitcoin at $750,000, Ethereum at $95,000
Digital assets continue to play a major role in Kiyosaki's outlook. Earlier this year, he predicted bitcoin could reach $750,000 and ethereum $95,000 following a global financial crash. The recommendation aligns with a broader set of economic warnings. Kiyosaki has cautioned that a major downturn could develop into a depression, cited previous market crashes as buying opportunities, and warned that millions of baby boomers could face financial hardship this year.
FAQ
Why does Kiyosaki predict gold will reach $35,000 by 2035?
Kiyosaki's $35,000 gold target by 2035 reflects his concerns about inflation, debt, and fiat currencies. He wrote in his June 15 post that gold's recent rally of more than $100 in a day to around $4,300 an ounce was still in its early stages. The forecast builds on an earlier projection that gold could reach $27,000 under severe monetary stress.
What assets does Kiyosaki recommend buying instead of cash?
Kiyosaki advised on June 15, "Take some cash and buy gold, silver, bitcoin, Ethereum, or oil." He described cash as "trash" and warned that savers would be "big losers," arguing that holding dollars leaves investors exposed to inflation and monetary expansion.
What are Kiyosaki's bitcoin and ethereum price predictions?
Earlier this year, Kiyosaki predicted bitcoin could reach $750,000 and ethereum $95,000 following a global financial crash. He has consistently placed bitcoin alongside precious metals in his public investment views.
