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R. Kiyosaki reveals assets to protect yourself from Fed’s ‘criminal’ policies - BTC News

R. Kiyosaki reveals assets to protect yourself from Fed’s ‘criminal’ policies

R. Kiyosaki reveals assets to protect yourself from Fed’s ‘criminal’ policies R. Kiyosaki reveals assets to protect yourself from Fed’s 'criminal' policies Ana Zirojevic Finance Aug 9, 2024

As he continues to warn about the actions of the United States government, including the Federal Reserve (the ‘Fed’) and the Treasury, Robert Kiyosaki has revealed assets to protect one’s wealth amid what he perceives as “criminal” policies of the country’s financial authorities.

Specifically, according to the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ the Fed is currently breaking US law with its actions, as he pointed out in the recent episode of his The Rich Dad Channel podcast streamed on August 7.

Most important assets today

Discussing the strategies that one can undertake to protect oneself from the Fed’s policies with Gold Newsletter editor and New Orleans Investment Conference CEO Brien Lundin and entrepreneur, technology investor, and Bitcoin (BTC) enthusiast Anthony Pompliano, Kiyosaki explained that:

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“In this era of unlimited [quantitative easing (QE)], where the Fed is going to buy everything, including junk bonds, which violates the constitution of the Fed – and the Fed and the US Treasury are now one. So, in my opinion, the most important investments today are gold, silver, and Bitcoin, or the crypto market.”

As a reminder, QE is a form of monetary policy in which a central bank, in this case, the US Federal Reserve, buys securities like government bonds and mortgage-backed securities (MBSs) from the open market to increase the domestic money supply and boost economic activity.

Rebels against Fed

Furthermore, Kiyosaki highlighted that one of the reasons why he endorses “gold, silver, and cryptocurrencies like Bitcoin is that they’re outside the system, it’s outside the Fed and the Treasury. And the average person has no idea what I just said. They don’t know what the Fed is or the Treasury.”

According to him:

“Anybody who is in either gold, silver, or Bitcoin, we’re basically rebels. (…) Bitcoin or Ethereum (ETH) – it’s open source, it means the Fed cannot mess with it, nor can the Treasury, nor can a politician, and that’s why I endorse both products.”

Finally, the author stressed that “gold, silver, and crypto like Bitcoin, (…) they’re not investments, they’re insurance policies because (…) both the Fed and Treasury went criminal, they’re buying anything, even buying junk bonds now, that means they’re going to print money like we’ve never printed in the history of the world.”

Meanwhile, the assets that Kiyosaki is actively endorsing to protect oneself are trading with relative success, with Bitcoin back above the critical $60,000 level, gold returning above $2,420 per ounce, and silver in the $27.60 per ounce zone, as per the most recent data retrieved on August 9.

That said, doing one’s own due diligence, carrying out careful research, keeping up with any relevant news, and understanding all the risks involved is critical when investing as things in most markets can easily change and precious metals and crypto assets are no exception.

Featured image via The Rich Dad Channel YouTube

Watch the entire video below:

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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