Robert Kiyosaki, the famous author of the bestseller “Rich Dad, Poor Dad”, followed by the collapse of Silicon Valley Bank and the voluntary liquidation of Silver Gate Bank, another bank is about to fail and the voluntary liquidation of Silvergate Bank, he has stated that another bank is about to fail. Kiyosaki also recently stated that the global economy is on the verge of collapse, warning of bank runs, savings freezes, and bailouts.
Robert Kiyosaki predicts another bank collapse
Robert Kiyosaki, author of Rich Dad, Poor Dad, warns that another bank is about to collapse. He noted that two major banks have already “crashed.” Silicon Valley Bank was shut down by U.S. regulators on Friday, and Silvergate Bank announced a voluntary liquidation on Wednesday.
“Rich Dad, Poor Dad” was co-authored by Kiyosaki and Sharon Rector in 1997. It has been on the New York Times bestseller list for more than six years; it has sold more than 32 million copies in over 109 countries and more than 51 languages.
Predicting that a third bank is about to crash, Kiyosaki tweeted Friday.
Two major banks are failing. #3 set to go. Buy real gold and silver coins now, no ETFs, gold&silver will rocket higher as #3 bank fails.
Kiyosaki has consistently recommended buying gold and silver; in February, he predicted gold prices would soar to $5,000 and silver prices to $500 by 2025. For this year, he expects gold prices to reach $3,800 and silver prices to reach $75. This distinguished author is not a fan of exchange-traded funds (ETFs) and advises against investing in stocks, bonds, and mutual funds.
The author of Rich Dad Poor Dad has also endorsed Bitcoin many times, calling the cryptocurrency “people’s money.” He said in February that he expects prices ofBTCto hit $500,000 by 2025. He recently said investors in bitcoin, gold, and silver will get richer when the Federal Reserve pivots and prints trillions of dollars.
Earlier this month, Kiyosaki said the global economy is on the verge of collapse and warned of bank runs, savings freezes, and bailouts; in January, he warned of a global recession, a surge in bankruptcies, unemployment, and homelessness.
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