As he continues to warn about the upcoming financial collapse that might engulf the United States and the rest of the world, Robert Kiyosaki, a popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has highlighted another staggering fact.
Specifically, explaining why precious metals gold and silver, as well as the maiden cryptocurrency Bitcoin (BTC), are necessary investments, Kiyosaki stressed that the U.S. kept falling deeper into debt, shackling themselves with another $1 trillion every 100 days, in his X post on August 22.
HOW MUCH is a trillion? A trillion seconds was 31,688 years ago. America goes a trillion $ in debt every 100 days. Now do you know why you must buy gold, silver, and Bitcoin?
— Robert Kiyosaki (@theRealKiyosaki) August 22, 2024
U.S. debt over time. Source: Peter G. Peterson Foundation
At the same time, gold is trading at an all-time high (ATH) of $2,494, the price of silver stands at nearly $30, whereas the flagship decentralized finance (DeFi) asset is currently changing hands at the price of $61,095, according to the most recent data on August 23.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
