Robert Kiyosaki, the famous author of the best-selling book “Rich Dad, Poor Dad,” predicted the biggest economic crash in world history is coming and urged investors to get into crypto now.” He emphasized, “We need to get into crypto now.
Robert Kiyosaki says that now is the time to buy crypto
Robert Kiyosaki, author of “Rich Dad, Poor Dad,” reportedly told subscribers to the “Rich Dad Community” mailing list on Sunday that theyneed to get into crypto now before the biggest crash in world history
Rich Dad, Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Rector. It has been on the New York Times bestseller list for more than six years; more than 32 million copies have been sold in more than 109 countries and 51 languages.
Mr. Kiyosaki reiterated his dire predictions to his mailing list subscribers, writing:
I predict the biggest crash in world history is coming.
This famous writer warned about a prolonged recession, but stressed that bear markets are the best time for investors to get rich because everything is on sale. His advice echoes his tweet in July that his favorite four-letter word is “sale.” The well-known writer explained that asset prices have tumbled, and he is “waiting in cash positions to pick up bargains, especially in real estate and bitcoin.”
Kiyosaki also warned that the U.S. dollar will crash and cryptocurrencies not controlled by the government will gain mainstream acceptance. He noted that the Federal Reserve and the Treasury are destroying the U.S. dollar and reiterated that he does not trust the government, President Joe Biden, Treasury Secretary Janet Yellen, the Federal Reserve, or Fed Chairman Jerome Powell. He also does not trust Wall Street.
and the distinguished author stresses.
Just wanting to get into crypto is not enough… We need to get into crypto now, before the biggest economic crash in history.
Kiyosaki also frequently shared his predictions and investment advice on Twitter.
He tweeted Tuesday that “it’s time for (the) poor to get rich,” adding that stocks, bonds, mutual funds, exchange-traded funds (ETFs), and real estate are crashing. He noted that the middle class is being wiped out, as he has long predicted. His latest tweet is similar to another tweet he made in August warning that all markets were crashing. At that time, he also listed the silver and bitcoin markets among those expected to crash.
Kiyosaki has been recommending bitcoin to investors for quite some time and has said for several months that he would wait for the cryptocurrency’s price to hit bottom before entering the market.48} He revealed that he was waiting for BTCto test $1,100 After revealing that he was waiting for the cryptocurrency to do so, he stated in July that he was in a cash position waiting to buy the cryptocurrency.
52} in addition to BTCThe Rich Dad Poor Dad author recommends gold and silver. He also said in August that he changed his mind about buying 2-year U.S. Treasuries after listening to economist Harry Dent. He said, “I will not invest in anything the Fed or Wall Street prints. It’s time to open my mind,” he admitted.
On Tuesday, he tweeted.” Silver is moving sideways. Silver will stay at $20 for 3-5 years, then rise to $100-$500. Even poor people can buy silver. Stock up on silver now.” Kiyosaki once called silver the best investment value today.
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