Markets this summer😔😔😔

$BTC Robert Kiyosaki, author of 'Rich Dad Poor Dad,' believes that 'the biggest crash in history' will hit the markets this summer, potentially leading to the bankruptcy of millions, especially from the 'rising generation' (Baby Boomers). He had previously predicted this in his book 'Rich Dad's Prophecy' in 2013.

Kiyosaki sees this crash affecting stock, bond, and real estate markets, and that billions of dollars will flow into gold, silver, and Bitcoin.

How to prepare for this potential crash according to Kiyosaki?

Kiyosaki focuses on the necessity of proactive preparation to turn this crisis into an opportunity. Here are his key pieces of advice:

Investing in real assets (safe havens):

♦️Gold: Gold is considered a traditional safe haven during times of economic crises and retains its value.

♦️Silver: Kiyosaki sees silver as 'the biggest deal today' and expects its value to triple by 2025, noting that it is still 60% below its all-time highs.

♦️Bitcoin: Despite the volatility of cryptocurrencies, Kiyosaki recommends Bitcoin as one of the assets that will protect wealth from the decline in the value of fiat currencies.

1️⃣Exit overvalued assets:

Kiyosaki recommends exiting from stock, bond, and real estate markets, especially if their values are overvalued.

It is advised to sell real estate, stocks, and bonds now while prices are high.

2️⃣Increase savings and develop new income sources:

👈Instead of relying solely on traditional retirement plans like 401(k) or IRA, focus on increasing savings and developing income sources that do not heavily depend on the overall economic performance.

👈It is advised to start private projects and entrepreneurship, as opportunities can arise during times of crisis.

3️⃣Stay calm and don't panic:

Kiyosaki emphasizes the importance of not making rash decisions due to falling prices or feelings of greed.

He says that crashes are the best time to get rich for those who are prepared and not panicked.

💡💡Summary of his predictions:

The crash: A significant crash in stock, bond, and real estate markets is expected this summer.

Safe havens: Gold, silver (especially silver as the biggest opportunity), and Bitcoin.

Goal: Turn crisis into an opportunity for wealth through preparation and proactive action.

In the end, Kiyosaki's predictions remain bold and differ from the views of many financial experts, so it is always advised to research before making any investment decisions😌😌.