The famous author of the best-selling book Rich Dad Poor DadRobert Kiyosaki, predicted that the U.S. dollar will collapse by next January after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.
Robert Kiyosaki predicts imminent collapse of the US dollar
The author of Rich Dad Poor DadRobert Kiyosaki, is back with a dire warning about the U.S. dollar, predicting that the dollar will collapse in a few months.
BUYING OPPORTUNITY: if FED continues raising interest rates US $ will get stronger causing gold, silver & Bitcoin prices to go lower. BUY more. When FED pivots and drops interest rates as England just did you will smile while others cry. Take care
– therealkiyosaki (@theRealKiyosaki) October 2, 2022
Rich Dad Poor Dad is a book published in 1997 and co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages and in more than 109 countries.
Will US dollar follow English Pound Sterling? I believe it will. I believe US dollar will crash by January 2023 after Fed pivots. To profit from crash of US $ I bought many more US silver Buffalo rounds. Silver is a bargain. I will not be a victim of the F*CKed FED. Take care.
– therealkiyosaki (@theRealKiyosaki) October 1, 2022
Following the fall of the British pound against other currencies and the Bank of England’s decision to take emergency action with a bond-buying program to calm the markets, Mr. Kiyosaki tweeted on Saturday, “The British pound is dead this week.“
The famous author shared his expectation in another tweet:”Will the US dollar follow the British pound? I think so“. He added:
I believe the US dollar will collapse by January 2023 after the Fed pivot.
AMERICA’S BIRTHPLACE is NEW ENGLAND. Old ENGLAND died this week. Old English Pound died this week, as did old English pensions. Is America’s NEW ENGLAND next? Remember crashes make the rich richer. Don’t be a victim like Old English of Old England. Think and act with NEW vigor.
– therealkiyosaki (@theRealKiyosaki) October 1, 2022
In a follow-up tweet on Sunday, Kiyosaki pointed out that as the Federal Reserve continues to raise interest rates, there will be buying opportunities in gold, silver and bitcoin. Noting that crashes are excellent times to get rich, the noted author wrote:
Buying opportunity: if the Federal Reserve continues to raise interest rates, the U.S. dollar will strengthen, causing gold, silver and bitcoin prices to fall. Buy more.
“When the Fed pivots and lowers interest rates … you’ll smile while others cry“, he noted.
This is not the first time Kiyosaki has predicted the end of the U.S. dollar. He said earlier this year that the dollar was about to implode, noting that the Fed and the Treasury are destroying the dollar. Last month, he declared that the end of the fake currency had arrived.
In addition, Robert Kiyosaki warned that the Fed’s interest rate hike will destroy the U.S. economy, advising investors to invest in “real money“, naming bitcoin as one of the investments. He also encouraged investors to get into crypto now, before the biggest economic crash in world history occurs.