- Kiyosaki and Sharon Lechter authored it “Rich Father, Poor Dad” in 1997.
- In Feb, he predicted that Bitcoin is definitely worth $500,000 through the year 2025.
Robert Kiyosaki, author of Wealthy Father Poor Father, states another lender obtained care of out. Because he stated, two big banking institutions have previously “crashed.” On Friday, U.S. government bodies closed Plastic Valley Bank, as well as on Wednesday, Silvergate Bank under your own accord liquidated.
“Two major banks have crashed. #3 set to visit. Buy real silver and gold coins now. No ETFs. When bank #3 goes, gold & silver rocket up.”
Kiyosaki and Sharon Lechter authored it “Rich Father, Poor Dad” in 1997. This book is a New You are able to Occasions bestseller for nearly six years. This book continues to be converted into 51 languages and printed in additional than 109 countries, with sales in excess of 32 million copies. On Friday, Kiyosaki tweeted his conjecture that the third bank will quickly fail. Although he didn’t name any bank.
Economy on Cusp of Collapse
Kiyosaki has constantly recommended obtaining silver and gold. He forecasted in Feb that gold would achieve $5,000 and silver would hit $500 by 2025. Gold should achieve $3,800 this season, he states, while silver could hit $75. The acclaimed author isn’t any admirer of exchange-traded funds (ETFs) and it has suggested against purchasing equities, bonds, and mutual funds.
The writer of Wealthy Father Poor Father has additionally spoken highly of bitcoin, calling it the “people’s money.” In Feb, he predicted that Bitcoin is definitely worth $500,000 through the year 2025. He formerly recommended that investors in bitcoin, gold, and silver would grow wealthy once the Fed pivots and helps to create trillions of dollars.
Earlier this year, Kiyosaki mentioned the worldwide economy is around the cusp of collapse, warning of bank runs, frozen funds, and bail-ins.