US Dollar to Lose Global Dominance with Emergence of ‘BRICS Gold Crypto – Robert Kiyosaki
Renowned financial investor and author of “Rich Dad Poor Dad,” Robert Kiyosaki, issued a stark warning during his visit to South Africa, suggesting that the US dollar’s status as the global reserve currency is under threat.
According to Kiyosaki, the emergence of a new BRICS currency backed by gold could potentially trigger hyperinflation in the United States, leading to the downfall of the dollar.
Kiyosaki emphasized the importance of diversifying investments into alternative assets like gold, silver, and Bitcoin (BTC) to safeguard against the impending crash of the US dollar.
He urged his followers to act strategically amidst the uncertainty, offering practical advice to navigate the turbulent financial landscape:
1.Exercise Caution: Avoid impulsively investing in falling assets. Wait until prices stabilize before making significant investment decisions.
2.Educate Yourself: Take advantage of resources like YouTube to learn from credible teachers who can provide valuable insights into financial markets.
3.Choose Your Circle Wisely: Surround yourself with like-minded individuals who are focused on personal growth and financial independence, avoiding those who perpetuate a victim mentality or rely excessively on government support.
4.Embrace Entrepreneurship: Start a side hustle or venture into entrepreneurship to secure financial stability in the face of technological advancements that may disrupt traditional employment models.
5.Seek Mentorship: Select mentors who have achieved success in specific areas of interest, leveraging their expertise to navigate complex financial markets effectively.
6.Invest Wisely: Instead of hoarding depreciating fiat currencies, prioritize investments in assets like gold, silver, and Bitcoin, which have historically demonstrated resilience during market downturns.
Kiyosaki urged individuals to view the impending crash as an opportunity for growth and transformation, emphasizing the importance of proactive financial planning and strategic decision-making.