Rich Dad Poor Dad Author Robert Kiyosaki Warns Another Bank Is Set to Crash

2 years ago

Rich Dad Poor Dad Author Robert Kiyosaki Warns Another Bank Is Set to Crash

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, says that different slope is acceptable to clang pursuing the illness of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. Kiyosaki besides precocious said the satellite system is connected the verge of collapse, informing of slope runs, frozen savings, and bail-ins.

Robert Kiyosaki Predicts Another Bank Is Set to Crash

The writer of Rich Dad Poor Dad, Robert Kiyosaki, has warned that different slope is astir to fall. He noted that 2 large banks person already “crashed.” Silicon Valley Bank was unopen down by U.S. regulators connected Friday portion Silvergate Bank announced voluntary liquidation connected Wednesday.

Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Predicting that a 3rd slope is astir to crash, Kiyosaki tweeted Friday:

Two large banks person crashed. #3 acceptable to go. Buy existent golden and metallic coins now. No ETFs. When slope #3 goes, golden & metallic rocket up.

Kiyosaki has consistently advised purchasing golden and silver. In February, helium predicted that the terms of gold would surge to $5,000 and that metallic would scope $500 by 2025. As for this year, his anticipation is for the terms of golden to scope $3,800, portion metallic is projected to scope $75. The renowned writer is nary instrumentality of exchange-traded funds (ETFs) and has advised against investing successful stocks, bonds, and communal funds.

The Rich Dad Poor Dad writer has besides recommended bitcoin connected aggregate occasions, referring to the cryptocurrency arsenic “people’s money.” He said successful February that helium expects the terms of BTC to deed $500,000 by 2025. He precocious said that investors successful bitcoin, gold, and metallic volition get richer erstwhile the Federal Reserve pivots and prints trillions of dollars.

Earlier this month, Kiyosaki said the satellite system is on the verge of collapse, informing of slope runs, frozen savings, and bail-ins. In January, helium said that we are successful a planetary recession, informing of soaring bankruptcies, unemployment, and homelessness.

What bash you deliberation astir Rich Dad Poor Dad writer Robert Kiyosaki’s predictions and bash you deliberation different slope is astir to collapse? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.

View source