Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is warning of a major economic downturn and advising investors to buy gold, silver, Bitcoin, and real estate.
A Looming Economic Crisis?
Kiyosaki believes the recent market sell-off signals the bursting of an “everything bubble,” potentially leading to the biggest economic crash in history. He cites the economic performance of Germany, Japan, and the US as factors contributing to this impending crisis, claiming that incompetent leadership has led to a precarious situation. He even goes so far as to say this crash will eclipse the 1929 crash that triggered the Great Depression. He urges calm and suggests that this could be a buying opportunity for savvy investors.
Safe Havens in a Storm
Kiyosaki recommends focusing on assets he believes will hold their value during an economic collapse: gold, silver, Bitcoin, and real estate. He plans to increase his holdings of these assets while prices are low.
Trump and Bitcoin: An Unlikely Pairing?
Kiyosaki also predicts that during Donald Trump’s presidency, the US government will purchase Bitcoin to address its financial problems, significantly boosting Bitcoin’s price. He claims that those who held onto their Bitcoin during previous market dips will be rewarded, while those who sold will regret their decision. He encourages his followers to follow his lead and buy more Bitcoin.
Disclaimer: This information is for general knowledge and shouldn’t be considered financial advice. Always do your own research before making any investment decisions.
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