Robert Kiyosaki Slams Biden As 'Worst And Weakest' President Ever, Urges Followers To Fight Back By Buying Bitcoin, Gold
Portfolio Pulse from Benzinga Neuro
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' criticized President Joe Biden, calling him the 'worst and weakest' president and urging his followers to buy Bitcoin, Gold, and Silver. Kiyosaki linked his decision to buy an electric vehicle to the Israel-Hamas conflict, which he attributes to oil. He blames Biden for higher gas prices, which he says will hurt the poor and please 'liberal woke Greenies.' His comments come as Bitcoin surpasses $40,000 and Gold trades above $2,100 for the first time.
December 04, 2023 | 3:33 am
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POSITIVE IMPACT
Robert Kiyosaki's endorsement of Bitcoin as a means to 'fight back' against the current administration could influence his followers to invest in Bitcoin, potentially driving up its price in the short term.
Kiyosaki's influence as a financial author may sway his followers to purchase Bitcoin, which could increase demand and price. However, the broader market trends and investor sentiment will also play significant roles in Bitcoin's price movement.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Kiyosaki's recommendation to buy Gold as a hedge may lead to increased interest in Gold-related assets like the SPDR Gold Trust ETF (GLD), potentially impacting its price positively in the short term.
Kiyosaki's comments could drive his followers to invest in Gold, and by extension, Gold-related ETFs like GLD. The recent surge in Gold prices may also contribute to increased investor interest in such assets.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70