Author Robert Kiyosaki predicts gold will surge to $35,000 an ounce by 2035 following a recent rally above $4,300.
Personal finance author Robert Kiyosaki said gold has begun a major rally after surpassing $4,300 an ounce on June 15, with prices reaching $4,362.6 at press time. He forecast gold will climb to $35,000 an ounce by 2035, calling cash a losing asset amid inflation concerns.
Kiyosaki, a longtime advocate for hard assets, urged investors to shift from traditional currency into gold, silver, Bitcoin (BTC), Ethereum (ETH), and oil. Over the past year, gold and silver rose 26% and 89%, respectively, while Bitcoin fell over 36%.
The author reiterated his view that cash loses value over time, labeling it “trash” and warning holders could face significant losses. His predictions align with prior calls for a financial crisis and asset reallocation.