Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward Snowden has issued a stern warning to Bitcoin developers, urging them to enhance privacy features at the protocol level. In Kenya, President William Ruto has enlisted Marathon Digital, a U.S.-based Bitcoin mining firm, to consult […]
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Robert Kiyosaki’s Stark Warning: World Economic Crash on Horizon, No Soft Landing Expected
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his concerns about the U.S. economy, predicting investor losses amidst bank failures and a global economic crash. “For many years I have warned, ‘Buy gold, silver, bitcoin.’ We are not going in for a soft landing,” he stressed. Robert Kiyosaki Sees No Soft Landing Rich Dad […]
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Robert Kiyosaki’s Advice: Get Into Bitcoin Now ‘Before It’s Too Late’
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to get into bitcoin and ditch fiat money now “before it’s too late,” reiterating that workers and savers in U.S. dollars are losers. Kiyosaki has made a number of bullish predictions about the price of bitcoin, ranging from 5,000 in the near term to million.
Robert Kiyosaki Recommends Getting Into Bitcoin Now
The author of Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his recommendation of gold, silver, and bitcoin while advising investors to ditch fiat currency. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The famous author wrote on social media platform X Saturday that gold has reached a new high. Noting that workers and savers are losers, he urged them to “get out of fake money system” and immediately get into gold, silver, and bitcoin “before it’s too late.”
Kiyosaki often refers to fiat money as “fake money.” He previously explained that “the U.S. dollar became fake money” when President Richard Nixon removed it from the gold standard in 1971. “This is because rather than being tied to real money,” such as gold, “it was tied to the ‘full faith and credit’ of the United States,” the Rich Dad Poor Dad author described. In contrast, he calls gold and silver God’s money while bitcoin is “people’s money.”
Earlier this month, he stressed that fiat money isn’t safe, urging investors to protect themselves from central bankers. The renowned author has said repeatedly that he doesn’t trust the Federal Reserve, the Biden administration, and Wall Street, warning that the Fed and the Treasury are destroying the U.S. dollar.
He previously predicted that people who own gold, silver, and bitcoin will get richer when the Federal Reserve prints trillions of dollars, emphasizing: “Fake money savers will be the biggest losers.” In September last year, he stated: “Today, U.S. debt in 100s of trillions. Real inflation is 16%, not 7%. Fed raising interest rates will destroy U.S. economy. Savers will be biggest losers. Invest in real money. Gold, silver & bitcoin.”
Earlier this month, he reminded investors of Rich Dad’s first lesson that the rich don’t work for dollars. “The rich do not want jobs or fake paper assets. The rich want assets that put real tax-free money in their pockets and they know how to save real assets, gold, silver, bitcoin assets that provide lifelong financial security and freedom,” Kiyosaki explained.
The renowned author has long been recommending gold, silver, and bitcoin. Last week, he said bitcoin is the best protection against hyperinflation. Kiyosaki has made a number of bullish predictions about the price of BTC, ranging from 5,000 in the near term to million in the event of a global economic crisis. He has also predicted that gold could reach ,000 and silver could reach ,000 in the same scenario. In February, he projected that the price of bitcoin would reach 0,000 by 2025, while gold could rise to ,000 and silver could reach 0 within the same timeframe.
What do you think about Rich Dad Poor Dad author Robert Kiyosaki’s advice? Let us know in the comments section below.
Robert Kiyosaki’s Warnings: Giant Crash Incoming, End of US Dollar Approaching
Rich Dad Poor Dad author Robert Kiyosaki has warned that a giant crash is coming, emphasizing that the end of fiat money, including the U.S. dollar, is near. Noting that the USD “will die,” he urged investors to buy gold, silver, and bitcoin. His warnings came as the BRICS economic bloc is discussing creating a common currency that could be backed by gold.
Robert Kiyosaki’s Giant Crash Warnings
The author of Rich Dad Poor Dad, Robert Kiyosaki, has issued more warnings about the U.S. economy and the U.S. dollar. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki tweeted Wednesday:
Giant crash coming. Fake money, aka fiat currency, to die. BRICS meeting in S. Africa [on] August 22 to put nail in coffin of fiat…fake money. Get into real gold, silver & bitcoin asap. Take care. End of fiat (fake) money near.
Earlier this week, Kiyosaki specifically warned about the end of the U.S. dollar, citing reports that the BRICS nations (Brazil, Russia, India, China, and South Africa) are preparing to launch a common currency backed by gold. Stating that the U.S. dollar “will die,” the renowned author noted that trillions of USD will “rush home” and inflation will go through the roof. He also stated that the price of bitcoin will reach 0K next year.
The famous author has persistently cautioned about the downfall of the U.S. dollar, referring to it as “fake” money. In contrast, he has consistently expressed his belief that gold and silver are “God’s money,” while bitcoin represents “people’s money.” According to him, these three investments are the most suitable choices for “unstable times.”
In a follow-up tweet on Friday, Kiyosaki explained the recent surge in the stock market. He wrote: “Why is stock market taking off? Because ‘debt ceiling’ removed. Means national debt to rise with stock market. Rich get richer as America gets poorer. Sad. Sticking with real money & real assets: gold, silver, bitcoin.”
The famous author has been sounding the alarm about a giant crash for quite some time. In June, he warned of the greatest real estate crash “ever.” He also believes that the U.S. economy is headed for a crash landing. In February, he cautioned that “everything will crash.”
The Rich Dad Poor Dad author is not alone in foreseeing a significant crash on the horizon. Veteran trader Jim Rogers anticipates the most severe recession and the worst bear market in his lifetime. Economist Peter Schiff issued warnings in May about potential financial crises and depressions.
What do you think about Rich Dad Poor Dad author Robert Kiyosaki’s predictions? Let us know in the comments section below.