‘Rich Dad’ Author Sees Gold Soaring to $35,000 Within Five Years, Backs Bitcoin

Robert Kiyosaki, author of “Rich Dad Poor Dad,” has long argued that inflation and borrowing erode the purchasing power of fiat currencies such as the U.S. dollar, while portraying gold, silver and Bitcoin as safe-haven assets. He believes investment returns depend on the purchase price and has repeatedly urged investors to build positions in tangible assets early.

Kiyosaki recently reiterated his bullish gold forecast, estimating that the price could rise to $35,000 an ounce within the next five years, while also backing Bitcoin. Reports did not specify when he made the remarks, the starting date for the forecast or the model behind the gold estimate. The $35,000 figure is therefore his personal market view, not a formal price target from a financial institution.