Robert Kiyosaki, author of “Rich Dad Poor Dad” and personal finance visionary, issued a warning about an impending stock market crash in a recent tweet. He also urged his readers and followers to capitalize on the assets he has been talking about extensively in recent years.
Robert Kiyosaki predicts an impending crash
The New York Times bestseller has repeatedly warned his 2.3 million subscribers of a global market collapse, which he believes has finally arrived. According to Robert Kiyosaki, the first domino effect was triggered in 2022, when the majority of Silicon Valley companies laid off some 144,000 employees.
In addition, he mentions that another 66,000 or so people had their income cut in the first month of this year. These include companies like Meta, Amazon, Google, Microsoft and, most recently, Zoom. He even cites the catastrophic crash that would have occurred on Valentine’s Day, as predicted by Maryland-based Stansberry Research.
Crypto crash coming?
Robert Kiyosaki has prophesied that there will be a crash in all asset classes, including the stock market, commodities such as gold and silver, and even the broader crypto market in his prognosis. In direct response to the current state of the market, he stated unequivocally that he intends to increase his holdings in gold, silver and bitcoin whether their prices improve or not, demonstrating his unwavering faith in the value of these investments. “Everything is going to crash, including the prices of gold, silver, BC. Don’t panic“, said Robert Kiyosaki.
CRASH is here. Silicon Valley first dominoes fall laying off 144,000 in 2022. 66,000 more 2023. VALENTINES DAY MASSACRE predicted by Stansberry Research. Everything will crash including prices gold, silver, BC. Do not panic. Good news. I will buy more G,S,BC, real money w/ fake $.
Robert Kiyosaki (@theRealKiyosaki) February 10, 2023
The 75-year-old American entrepreneur has been a strong supporter of bitcoin and has hailed it as “The people’s money” in the past. While explaining the flagship crypto-currency’s competitive advantage, the author has previously stated that the regulations put forth by the SEC would severely affect a majority of altcoins in the market. And, in light of the recent crackdown on crypto-currencies by the US financial watchdog, Robert’s views have once again stood the test of time. Robert Kiyosaki has repeatedly pointed out that one of the main advantages of bitcoin is that it is recognized as a commodity, a status more comparable to that of gold and silver.