Renowned investor and author Robert Kiyosaki has announced a pause in his investments in Bitcoin, gold, and silver. He attributes this strategic shift not to short-term market volatility but to deep-seated concerns over the United States' fiscal instability and ballooning national debt.
In a detailed post on social media platform X, Kiyosaki highlighted that the U.S. national debt has surged to approximately $38 trillion. He emphasized that this figure becomes far more alarming when long-term liabilities like Social Security and Medicare are included, pushing the total closer to $250 trillion. "The total long-term liabilities now stand close to $250 trillion," he stated, identifying this as the most significant risk to markets.
Kiyosaki criticized the Federal Reserve and political leadership for mismanagement, which he believes has eroded confidence in the traditional financial system. His investment philosophy has long been skeptical of fiat currencies and centralized monetary control.
Kiyosaki has adopted a wait-and-see approach, setting specific price targets for future purchases. He indicated he would consider buying silver if it drops to $74 per ounce and gold if it reaches $4,000 per ounce. He clarified that recent sales of some Bitcoin and gold holdings were for tax planning purposes and do not represent a fundamental change in his long-term bullish outlook on these assets.
The announcement comes amid significant market turbulence. Bitcoin recently experienced an 8.3% drop in 24 hours, trading between $60,100 and $65,238, while precious metals have also shown volatility. Kiyosaki's stance has sparked debate among market participants regarding the timing and consistency of his public statements.
