According to financial author and investor Robert Kiyosaki, the world is on the brink of a new Great Depression. He warns that a major market collapse will wipe out the assets of many stock and bond investors, while those holding Bitcoin may emerge as the main winners.

Kiyosaki makes a direct accusation that financial planners and investment advisors have deceived clients by telling them that bonds are safe. His argument is that in the event of a market collapse, no traditional market assets are safe.

To demonstrate, he points to the downturn in the commercial real estate sector and Moody's downgrade of U.S. bonds.

The author of 'Rich Dad Poor Dad' notes that Asian investors are actively buying gold as U.S. bond interest rates continue to decline. He reveals that he has been continuously purchasing Bitcoin, gold, silver, oil, and cattle over the past years as key assets that will increase in value when a crisis occurs.

Kiyosaki points out that shareholders and bondholders will suffer significant losses, but those holding Bitcoin may weather this storm because, like gold, Bitcoin has the potential to retain its value.

Trump's Order Paves the Way for Bitcoin in Retirement Accounts

Kiyosaki also praises current U.S. President Donald Trump for signing an executive order allowing 401(k) retirement accounts to include private equity, real estate, and Bitcoin. He calls this a good move for investors needing a safer option outside the conventional market.

However, Bloomberg's ETF analyst, Eric Balchunas, is unsure about the immediate impact of this order. He explains that most fund managers are still focused on stocks and bonds, and they may not want to include Bitcoin in their portfolios, partly because they do not know how to manage it properly.

Bitcoin's market performance is very strong, increasing nearly 3% in the past 24 hours. This cryptocurrency temporarily reached $117,000 and is currently slightly down to $116,860. Kiyosaki also believes that this volatility supports the idea of Bitcoin as a hedge against the instability of the rest of the market.

Kiyosaki remains steadfast in his belief that physical assets, especially Bitcoin, will be the solution to survive the impending Great Depression. He urges investors to act to anticipate the looming collapse, which will cause a disaster for the global financial system.

Conclusion

Robert Kiyosaki's warning adds urgency to the ongoing debate about market safety and diversification. His call to own Bitcoin emphasizes his belief that alternative assets will play a crucial role in protecting wealth during severe economic downturns.