A lot of hopes are pinned on Donald Trump’s potential presidency. Even Robert Kiyosaki, the popular investor, best-selling author of "Rich Dad Poor Dad," and cryptocurrency advocate, is on board with this trend. He shared his forecast regarding the future of the markets, including the digital sector. According to the entrepreneur and writer, current US President Joe Biden is acting inappropriately. Kiyosaki claimed that during Biden's tenure, oil prices had risen, leading to the impoverishment of Americans.
However, under Trump, everything will change, the author of "Rich Dad Poor Dad," asserts. In this scenario, gold, silver, and Bitcoin will definitely increase in value. Kiyosaki also suggests that Trump might significantly weaken the dollar. However, in this case, the United States will be able to export more goods than it imports. Once the greenback weakens, new jobs will appear, industry will be revived, and many assets will increase in value, Kiyosaki believes.
His forecasts suggest that gold will climb to $3,300 per troy ounce, silver will rise to $79 per ounce, and the first cryptocurrency will soar to $105,000. Such a scenario is possible by August 2025, Kiyosaki predicts. As for oil prices, they will fall because Trump is expected to try to do everything possible to maximize the load on the oil industry.
Analysts believe that time will tell whether Kiyosaki is right or wrong. We need to wait for Trump’s election to see if Bitcoin will reach $105,000 and if other assets will also gain in value.
