Robert Kiyosaki Sets Record Straight on Silver and Bitcoin Holdings
Robert Kiyosaki, the renowned author of the bestselling book Rich Dad Poor Dad, has made a detailed clarification on social media platform X, directly addressing and dismissing rumors that he liquidated his entire silver portfolio to purchase more Bitcoin. Speaking from the Vancouver Resource Investor Conference (VRIC), Kiyosaki emphasized that such speculation is inaccurate and reaffirmed that silver remains a cornerstone of his long-term investment approach.
Debunking the Misconception: A Strategic Move, Not a Shift
In his latest post on X, Kiyosaki provided clarity on his recent financial maneuvers. He explained that while he did sell some Bitcoin and some gold, the proceeds were specifically allocated toward acquiring a new home—not for a wholesale pivot into cryptocurrencies. "Selling some gold and some Bitcoin was my mistake… a big mistake. Thank God I did not sell my silver," he wrote, underscoring his unwavering belief in silver's enduring structural and monetary value. Kiyosaki views the world as heading toward deeper financial turmoil, making silver a critical asset in his strategy.
Leveraging Debt for Real Estate and Asset Accumulation
Kiyosaki further elaborated on his investment philosophy, highlighting his preference for using debt to acquire income-generating real estate. This approach, he noted, generates positive cash flow that subsequently funds purchases of what he terms "real money"—gold, silver, Bitcoin, and Ethereum. "Why sell silver, when I use debt to buy investment real estate for positive cash flow," he stated in his post, reiterating that careful leverage enables continuous accumulation of these assets without sacrificing his silver holdings.
Contextualizing the Bitcoin and Gold Transactions
The clarification comes in response to earlier disclosures made by Kiyosaki in November, when he revealed selling $2.25 million worth of Bitcoin for approximately $90,000 in cash. This move sparked speculation, but Kiyosaki maintained it was not a bearish signal on Bitcoin. He clarified that he originally purchased Bitcoin at around $6,000 per coin years ago and was simply reallocating gains into cash-flow-generating assets. "With the cash from Bitcoin, I am purchasing two surgery centres and investing in a billboard business," he wrote at the time, expecting these investments to yield about $27,500 per month in largely tax-free positive cash flow by February.
Crash Warnings and a Bullish Outlook on Silver
Around the same period, Kiyosaki issued warnings about what he described as the "biggest crash in history" unfolding across the US, Europe, and Asia. He attributed this to excessive debt, weak monetary discipline, and policy missteps by central banks, which he believes are eroding confidence in fiat currencies. In this context, he urged investors to swiftly move into safer alternatives like gold, silver, Bitcoin, and Ethereum.
Silver, however, holds a special place in Kiyosaki's investment worldview. He has repeatedly labeled it as the most undervalued and safest asset in the current cycle. "Silver is $50 today. I predict silver will hit $70 soon and possibly $200 in 2026," he said in an earlier post, making one of the most aggressive bullish calls on the white metal. His argument hinges on silver's dual role: while gold serves primarily as a store of value, silver is increasingly an industrial necessity. Kiyosaki compares its modern economic role to iron during the Industrial Revolution, citing its extensive use in:
- Solar panels
- Electronics
- Electric vehicles
- Medical equipment
- Defense technologies
This structural demand, he believes, gives silver a unique edge as both money and material.
Market Trends Supporting Kiyosaki's Narrative
Recent market movements have lent credence to Kiyosaki's thesis. Silver rose nearly 3% to close near record highs above $117 an ounce, with spot silver hovering around $113.63 after touching $117.69 earlier in the week. The metal has surged close to 60% this year, driven by strong investment demand, tight supply, and a weaker US dollar.
Gold has also rallied to fresh records, breaking past $5,200 an ounce and rising more than 20% since the start of the year. Kiyosaki has welcomed this rally, reiterating his belief that fiat currencies are steadily losing purchasing power. He has even floated a long-term gold target of $27,000, viewing the current surge as validation of his decades-long warnings about financial instability.
A Philosophy Focused on Long-Term Trends Over Short-Term Noise
For Kiyosaki, short-term price volatility is merely noise in the broader context of currency debasement. "I just keep buying more gold, silver, Bitcoin, and Ethereum and get richer," he stated in another post, summarizing his investment philosophy. He questioned the relevance of worrying about asset prices when, in his view, "incompetent, highly educated PhD’s…like my poor dad" are controlling institutions like the US Federal Reserve and Treasury. Kiyosaki framed his argument around the steady rise in US national debt and the erosion of the US dollar's purchasing power, linking these issues to policy decisions by educated policymakers.
Disclaimer: The views and recommendations expressed above are those of individual analysts or broking companies, and not of Mint. Investors are advised to consult with certified experts before making any investment decisions.
