Kiyosaki backs Bitcoin as gold targets $35K

• Robert Kiyosaki said gold could reach US$35,000 per ounce by 2035 while reaffirming support for Bitcoin and other hard assets.
• The Rich Dad Poor Dad author cited gold's rise to around US$4,300 per ounce as evidence that the rally remains in its early stages.
• Kiyosaki continued to warn about inflation, government debt and the long-term value of cash savings.

Robert Kiyosaki, author of Rich Dad Poor Dad, renewed his support for Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), gold and other hard assets while forecasting that gold could reach US$35,000 per ounce by 2035.

His latest comments followed a rally that he said lifted gold by more than US$100 in a single day to around US$4,300 per ounce, which he argued signals the precious metal's advance is still in its early stages.

“I am confident it will be US$35,000 an ounce by 2035,” said Rich Dad Poor Dad author Robert Kiyosaki.

Kiyosaki said his outlook reflects concerns about inflation, rising government debt and the long-term purchasing power of fiat currencies, themes that have featured prominently in his market commentary for several years.

The investor continued to advocate shifting cash into assets such as gold, silver, Bitcoin, Ethereum and oil, while warning that cash holders could lose purchasing power over time, and following the comments Bitcoin was unchanged at US$0.00.

Kiyosaki has previously endorsed forecasts that gold could reach US$27,000 under severe monetary stress and has repeatedly described major market downturns as potential buying opportunities for investors with available capital.

Digital assets remain a central part of his long-term outlook, with Kiyosaki earlier this year predicting that Bitcoin could reach US$750,000 and Ethereum could rise to US$95,000 following a major global financial disruption.

At the time of reporting, Bitcoin price was $66,114.98.