Rich Dad Poor Dad bestselling author Robert Kiyosaki has warned that “everything will fall apart“including gold, silver and bitcoin. However, he sees crashes as buying opportunities, noting that he will buy more bitcoin.
Robert Kiyosaki reiterates his warning about the market crash.
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his warning about stock market crashes. 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.
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
Citing the fact that more than 144,000 people in the tech industry lost their jobs in 2022, and another 66,000 have been laid off since the beginning of the year, Kiyosaki tweeted on Friday that everything will crash, including gold, silver and bitcoin. Nevertheless, he told his 2.3 million Twitter followers not to panic, adding that he will use “fake” dollars to buy more gold, silver and bitcoin, which he calls “real money“. The famous author wrote:
The crash is here … Everything will crash, including prices, even gold, silver, bitcoin. Don’t panic. Good news. I will buy more gold, silver, bitcoin, real money with fake $.
Robert Kiyosaki has previously explained that gold, silver, and Bitcoin are real money while the U.S. dollar is fake money.”because rather than being tied to real money“, like gold, “it was linked to the “full faith and credit” of the United States.”The famous author has repeatedly stated that he does not trust the Biden administration, the Treasury, the Federal Reserve or Wall Street.“
He also warned on several occasions against stock market crashes, including the “the biggest crash in world history“. In October of last year, he said the stock, bond and real estate markets would crash as the Federal Reserve continues to raise interest rates, advising investors to buy gold, silver and bitcoin. He expects bitcoin investors to get richer when the Fed pivots and prints trillions of dollars.
In addition, the famous author predicted in October last year that the U.S. dollar would collapse. In addition, he recently stated that we are in a global recession, warning of skyrocketing bankruptcies, unemployment and homelessness.
In September of last year, the Rich Dad Poor Dad author urged investors to get into crypto now before the biggest crash in world history occurs. Kiyosaki previously explained that he was a bitcoin investor, not a trader, so he got excited when bitcoin became a sure thing hits a new bottom. He said he loved bitcoin, calling the crypto-currency “people’s currency“. While stating that he is buying more BTC, he warned that the U.S. Securities and Exchange Commission (SEC) will crush most other crypto-currencies.