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The Tell: ‘Rich Dad, Poor Dad’ Robert Kiyosaki: Don’t save your money! Spend it on the ‘best buy for future security’

What should you do with your stimulus check? Robert Kiyosaki, the best-selling author of “Rich Dad, Poor Dad,” offered a bit of advice to his 1.3 million followers on Twitter for when that cash finally arrives. Read More...

What should you do with your stimulus check?

Robert Kiyosaki, the best-selling author of “Rich Dad, Poor Dad,” offered this bit of advice to his 1.3 million followers on Twitter TWTR, +0.30% for when that cash finally arrives:

Yes, instead of stashing away your check, Kiyosaki says load up on bitcoin BTCUSD, -2.37% , gold GC00, +0.18% and silver SI00, +0.14% in the face of the dying dollar DXY, +0.50% .

Read:Will you get a $1,200 from the stimulus bill? Depends on how much you make

This has been a theme on Kiyosaki’s social channels for awhile and has taken on an added urgency as the coronavirus pandemic continues to weigh heavily on the stock market:

And here’s a recent episode on his YouTube channel that’s racked up more than half a million views:

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Gold’s been a relatively great place to be over the past three months, having rallied more than 5% as the Dow DJIA, -1.68% plunged into bear-market territory. Silver and bitcoin, not so much, with both posting double-digit percentage declines over that same period of time.

Kiyosaki has been pushing silver, which he hails as the “best buy,” for a while now. Earlier this year, he told Kitco News he won’t stop buying silver until it tops $40 an ounce — it currently sits below $15. “Silver is the most undervalued, lowest-risk, best investment of all asset classes,” he said.

Also read:Robert Kiyosaki says this is ‘the only rule’ for getting and staying rich

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