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Robert Kiyosaki Doubles Down on Bitcoin at $67,000, Citing Two Big Catalysts
Yahoo Finance· 2026-02-21 20:45
Core Viewpoint - Robert Kiyosaki continues to invest in Bitcoin, purchasing another full Bitcoin for $67,000, despite describing the cryptocurrency as "crashing," indicating a strategy to hedge against potential U.S. dollar devaluation and an upcoming supply milestone for Bitcoin [1][2][3] Investment Strategy - Kiyosaki's investment strategy includes accumulating Bitcoin, Ethereum, and physical assets like gold and silver as a safeguard against perceived worsening U.S. debt dynamics [1][4] - He believes that a potential crisis in the U.S. dollar could lead to significant money creation, which he refers to as "fake dollars," and anticipates that the mining of the 21 millionth Bitcoin is approaching [2][3] Market Outlook - Kiyosaki predicts that Bitcoin could reach $250,000 by 2026, with gold and silver targets set at $27,000 and $100 respectively, reflecting his confidence in the long-term value of these assets amid economic uncertainty [5] - His approach of asset accumulation during market turmoil highlights a broader trend among investors seeking alternatives to traditional assets [5][6] Critique of Financial Institutions - Kiyosaki expresses distrust towards traditional financial institutions, particularly the Federal Reserve and U.S. Treasury, which he believes misunderstand money and the economy, contributing to the creation of "fake dollars" [4][6]
Peter Schiff Takes A Victory Lap: For Bitcoin, 'The Party Is Over'
Yahoo Finance· 2025-10-16 18:31
Core Viewpoint - Bitcoin is underperforming against gold, leading to criticism from Peter Schiff, who suggests this indicates weakness rather than potential for growth [1][2]. Market Analysis - Schiff predicts a "belated bust" for Bitcoin, suggesting the end of its speculative phase, and states that if Nasdaq futures decline by 7.5%, Bitcoin could fall at least 15%, potentially dropping below $95,000 with support around $75,000 [3]. - Schiff also highlights the bullish view of Treasury Secretary Scott Bessent on China's economic pivot, contrasting it with his concerns over the potential severity of a future dollar crisis [4]. Asset Comparison - Schiff emphasizes the volatility of Bitcoin and advocates for safer assets like gold and silver, which are currently delivering strong returns [5].