The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash.
Robert Kiyosaki Forecasts A Crash
Robert Kiyosaki (author of Rich Dad Poor Dad) has warned again of a crash and depression. He predicts that many markets including bitcoin will crash.
Rich Dad Poor Dad was co-authored in 1997 by Sharon Lechter and Kiyosaki. For six consecutive years, it has been a New York Times Best Seller List. It has been published in more than 51 languages and sold in more than 109 different countries.
Kiyosaki tweeted Thursday that the Federal Reserve and President Joe Biden are “pushing fake inflation,” adding:
Depression and crash are coming. Real estate, gold, silver and bitcoin will all crash. After the crash, you can buy gold, silver and bitcoins, as well as real estate. After fake inflation collapses, it’s your chance to be richer.
A prediction was made by the best-selling author last week regarding the Biden administration. “Biden to step down soon,” he predicted. “Kamala [Harris]Will become [the]This was the first woman president. It was [the]You have been planning all along. Trump ruined Hillary’s ascension following Obama.”
Rich Dad Poor Dad, an author who is well-known for his warnings about crashes has made several previous statements. In June, he said that the “biggest crash” in the world’s history is coming. In September, he reiterated his warning, expecting a “Giant stock market crash” in October. He warned that the U.S. would slide into depression.
Kiyosaki suggests buying bitcoin despite his grim predictions. He said that bitcoin was the best investment because it offers the most upside in August. In October, he said bitcoin has a “very bright” future. As inflation fears intensified, he disclosed that he is now buying more Bitcoin and Ethereum.
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