Silver

Gold

when

<div class="finbold">
 <p class="paragraph">The prominent investor Robert Kiyosaki is widely known for three things: authoring the best-selling personal finance book ‘<em>Rich Dad Poor Dad</em>,’ making exceptionally provocative posts on X, and being very bullish on gold, silver, and Bitcoin (BTC) and mightily bearish on the U.S. dollar.</p>
 <p class="paragraph">Looking at the recent performance of the three, with silver running strong, gold now expected to hit $3,000 within months, and Bitcoin reaching a new all-time high (ATH) in March with even bigger moves expected with the halving, it seems apparent that Kiyosaki’s investment advice is sound.</p>
 <p class="paragraph">With this in mind, Finbold decided to try and estimate just how much an investor would have made if they invested $1,000 in each of the author’s favored assets when he first recommended all three near the same time..</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Surprise surge: This dark horse is racing to the top <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How much Bitcoin does ‘Rich Dad’ Robert Kiyosaki own? <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin halving incoming: Potential impacts on crypto market dynamics <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Price prediction for Chainlink (LINK) amid 50% gains opportunity <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-how-much-would-an-investment-in-kiyosaki-s-favored-assets-made-when-he-turned-bullish-be-worth-now">How much would an investment in Kiyosaki’s favored assets made when he turned bullish be worth now?</h2>
 <p class="paragraph">Tracking down when Kiyosaki first turned simultaneously bullish on the two commodities and the world’s premier cryptocurrency proved a troublesome task, but an extensive search yielded three strong candidates.</p>
 <p class="paragraph">Kiyosaki has been bullish on gold and silver for decades, citing his sister’s investments as a positive example already in 1997 and, 20 years later, on August 14, 2017, he made a cautious recommendation for Bitcoin on Facebook (NASDAQ: META) – though he did warn it is extremely risky and expressed doubt in its long-term prospects.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/ziC1XvCiq3OqBgADtPa-WTtw0kMAxBqRp_5g2SlV-vPcXbBDYIrxPfyxDPY4Kgqj41miYcSvFR_VMukk5OOPPvvFeF4WcvBGtpnzvT0Hb86_LTYxqq0nj86GXScZVHyaOmTCM3541ycnzU2Uegk29bg" alt>
  <figcaption class="wp-element-caption">
   BTC price chart and the timing of the three recommendations. Source: Finbold and TradingView
  </figcaption>
 </figure>
 <p class="paragraph">That day, the price of Bitcoin stood at $4,300, of gold at $1,281, and silver at $17. This means that a $1,000 made in each of the three assets made at the time would now, on April 17, be worth $14,593 – with BTC press time price at $62,752.40 – $2119.68 – with gold’s press time price at $2391.09 – and $1684 – with silver’s price standing at $28.63.</p>
 <p class="paragraph">The next milestone came on December 31, 2019, with the release of the book <em>‘Fake,’</em> in which Kiyosaki describes and, arguably endorses, gold and silver as ‘God’s money,’ and Bitcoin as ‘people’s money.’</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/KTvT-PTmdxHiU_fuN_pWJqA0gkD3wVwPcpaC_YdVA7Vn_4KsO22VgH_EiZLvITnSeCvZMYVOOdAQICBZC1oihiMbB5BOU0mYwsOPw5mEemMy9iU39aJQZSR27slH-32bXdS5QvgcVsxFJ9cRylq8bnc" alt>
  <figcaption class="wp-element-caption">
   Gold price chart and the timing of the three recommendations. Source: Finbold and TradingView
  </figcaption>
 </figure>
 <p class="paragraph">That day, the price of Bitcoin stood at $7,252, of gold at $1,517, and silver at $17.82. This means that a $1,000 made in each of the three assets made at the time would now, on April 17, be worth $8,653, $1,576, and $1,606.6, respectively.</p>
 <p class="paragraph">Kiyosaki’s stance became evidently solidified by the release of his interview with Anthony Pompliano, published on ‘<em>The Rich Dad Channel</em>’ on YouTube on July 8, 2020. Coincidentally, in the very same episode, Pompliano predicted a BTC climb to $100,000 – a prediction that is yet to come true.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/u4gfJEG94DBtCKmG4_SzBtQKLi55ZoLf1wXHyYhX3EUB2CvfWaB_0X0scDuXJOlh5AnZu_ZS0OFvziGplmK4SWP4-CvhfAlp8zk_bLS58wrZOICBRmtwA63Z4vU61y4y9xl-VY96H1eXMEaUnQ2uDpM" alt>
  <figcaption class="wp-element-caption">
   Silver price chart and the timing of the three recommendations. Source: Finbold and TradingView
  </figcaption>
 </figure>
 <p class="paragraph">That day, the price of Bitcoin stood at $9,439, of gold at $1,808, and silver at $18.7. This means that a $1,000 made in each of the three assets made at the time would now, on April 17, be worth $6648, $1,322.4, and $1,531, respectively.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When <a rel="noopener noreferrer nofollow" title="investing" href="https://thebittimes.com/tag/investing.html">investing</a>, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/here-s-how-much-you-d-have-investing-in-gold-silver-and-bitcoin-when-r-kiyosaki-said-tbt85629.html">https://thebittimes.com/here-s-how-much-you-d-have-investing-in-gold-silver-and-bitcoin-when-r-kiyosaki-said-tbt85629.html</a></p>

Here’s how much you’d have investing in Gold, Silver, and Bitcoin when R. Kiyosaki said

Inhaltsverzeichnis

TheBitTimes

Weitere Artikel, die am 17. Apr. 2024 veröffentlicht wurden

ETH holders turn to Kelexo amid Bitcoin’s $71k rally

NeuraHub Introduces Flagship Generative AI Platform into the Market

Grant Cardone Sells Beachfront Mansion To Own More Bitcoin: Smart Move Or Big Mistake?

South Korean Won Topples The Dollar To Become The Top Currency For Crypto Trading

The Bank of Israel to Roll Out Sandbox for CBDC Experiments

‘Real opportunity’ for Bitcoin Runes will come after first wave of investor hype

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!