The Rich Dad warns that the biggest market collapse in history is happening now
Robert Kiyosaki, the famous author of "Rich Dad Poor Dad," issued a new urgent warning saying: "The biggest market collapse in history is already happening now."
In a post he shared on the "X" platform, Kiyosaki did not hesitate to express his fears, saying: "I hope I am wrong... but as I predicted earlier... the biggest crashes in the stock, bond, and real estate markets... are about to happen very soon."
Kiyosaki first predicted a catastrophic collapse in his book "Rich Dad’s Prophecy," published in 2004, and today, with increasing volatility in the markets, he believes that his old warning is actually starting to come true.
Gold, silver, and Bitcoin as safe havens
As for the solution that Kiyosaki proposes, it is continuous investment in what he calls "real assets," where he said: "That is why I have been investing in gold, silver, and Bitcoin."
Kiyosaki predicted that the price of silver, which is currently trading at around $25, could "explode to double its value" and reach $50 by 2025.
Kiyosaki indicated that he expects the Federal Reserve and the U.S. Treasury to resort to their previous policies in the event of a worsening collapse, by printing more money. He considered this step could be catastrophic for the average American.
He added: "If the markets collapse... it is likely that the Fed and Treasury will print trillions of fake dollars... which will increase the money supply and could lead to massive inflation."
He continued explaining: "Simply put, I do not trust the Federal Reserve and the Treasury. They will operate the fake money printing machine."
Advice to protect wealth from the upcoming inflation
Kiyosaki affirmed: "I trust gold, silver, and Bitcoin to protect me from the massive inflation coming... resulting from the loss of purchasing power of fake money... and that is why I have been warning for years saying: Savers are losers."
In recent weeks, Kiyosaki has been notably active in his comments on the markets. He previously predicted that the price of Bitcoin would reach $100,000 this year, and even exceed the million-dollar mark by 2025. In April, he told his followers that he returned to buying silver again, describing it as "the biggest investment opportunity available right now."
Kiyosaki's Final Message to Followers
Kiyosaki concluded his warnings with a repeated advice to his followers, urging them to hedge against the dollar collapse by investing in Bitcoin, gold, and silver, and to stay away from traditional saving methods.
He concluded his message saying: "I want you to become richer... not poorer. Take care of yourselves."
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