To The Moon

‘Stocks and bonds are toast’: Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot. 

Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry.

In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets.

“Bank of England pivot means buy more GSBC,” he says in a recent tweet, referring to gold, silver and bitcoin.

“When pensions nearly collapsed it exposed Central Banks cannot fix … INFLATION. Pension have always invested in G&S. Pension funds now investing in Bitcoin. They know Fake $, stocks & bonds are toast.” 

“I’m not buying gold because I like gold, I’m buying gold because I don’t trust the Fed,” he said in an interview last year.

Kiyosaki likes silver, too. In fact, he recently tweeted “Silver best investment in Oct 2022” and “Everyone can afford $20 silver.”

To be sure, precious metals aren’t immune to the sell-off that’s been going on this year. The price of gold is actually down about 4% in 2022, while silver has fallen by nearly 9%.