Renowned investor and author, Robert Kiyosaki, is warning of an impending economic and financial collapse. Kiyosaki is famously known for his book “Rich Dad Poor Dad,” which teaches financial literacy. He took to Twitter to remind his followers of the importance of Bitcoin, gold, and silver in today’s market.
Kiyosaki Warns of Impending Financial Crisis
Kiyosaki believes that banks are going broke, as evidenced by the recent collapse of three major banks, including Silvergate Bank, Silicon Valley Bank, and Signature Bank, which were all crypto-friendly. He predicts that pensions, corporate pension programs, 401ks, and IRAs are going broke, and the crash and crisis are just beginning. To hedge against this, he recommends buying Bitcoin, gold, and silver.
Bitcoin as a Solution to the Sick Economy
Kiyosaki believes that Bitcoin is the answer to the current sick economy, which is being sustained by printing billions in fake dollars. He predicts that Bitcoin will hit $500,000, while gold will rise to $5,000 per ounce, and silver will surge to $500 by 2025. According to Kiyosaki, Bitcoin, gold, and silver are the best inflation hedges in today’s market.
Conclusion
Robert Kiyosaki is warning of an upcoming economic and financial collapse and advising people to invest in Bitcoin, gold, and silver as a hedge. He believes that banks are going broke, and pensions, corporate pension programs, 401ks, and IRAs are going broke as well. To protect against this, he advises buying Bitcoin, gold, and silver, which he considers the best inflation hedges.
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