— Ana Zirojevic
R. Kiyosaki Discloses Assets to Safeguard Yourself from the Fed’s ‘Criminal’ Policies
Robert Kiyosaki, known for his warnings about the U.S. government's actions—including those of the Federal Reserve (the ‘Fed’) and the Treasury—has recently shared strategies for safeguarding wealth against what he views as "criminal" policies by the country’s financial authorities.
In a recent episode of his podcast, The Rich Dad Channel, aired on August 7, the renowned investor and author of the bestselling personal finance book Rich Dad Poor Dad claimed that the Fed's current actions are in violation of U.S. law.
Key Assets to Focus on Today
In a discussion about strategies to shield oneself from the Federal Reserve's policies with Gold Newsletter editor and New Orleans Investment Conference CEO Brien Lundin, along with entrepreneur and Bitcoin enthusiast Anthony Pompliano, Robert Kiyosaki stated:
“In this era of unlimited quantitative easing (QE), where the Fed is set to purchase everything, including junk bonds—actions that, in my view, breach the Fed's constitutional mandate—and with the Fed and the US Treasury now effectively merged, I believe that the most crucial investments today are gold, silver, and Bitcoin, or the broader crypto market.”
For context, QE is a monetary policy where a central bank, such as the US Federal Reserve, buys securities like government bonds and mortgage-backed securities (MBSs) from the market to expand the domestic money supply and stimulate economic activity.
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Critics of the Federal Reserve
Kiyosaki emphasized that he advocates for investing in gold, silver, and cryptocurrencies like Bitcoin because they operate independently of traditional financial systems, including the Federal Reserve and the Treasury. He believes that most people are unaware of the role these institutions play.
He stated:
“Those who invest in gold, silver, or Bitcoin are essentially going against the grain. Bitcoin and Ethereum (ETH) are open-source, meaning they are immune to manipulation by the Fed, the Treasury, or any politicians, which is why I support them.”
Kiyosaki also noted that he views gold, silver, and cryptocurrencies not merely as investments but as insurance policies. He believes that with the Fed and Treasury engaging in aggressive monetary policies and buying assets like junk bonds, they are likely to print unprecedented amounts of money.
Currently, Kiyosaki’s recommended assets are performing relatively well, with Bitcoin trading above $60,000, gold at over $2,420 per ounce, and silver around $27.60 per ounce, according to the latest data from August 9.
Investors should conduct thorough research, stay updated with relevant news, and understand the risks involved, as market conditions can change rapidly, and this applies to both precious metals and cryptocurrencies.