1 year ago
Rich Dad Poor Dad writer Robert Kiyosaki has warned that a elephantine clang is coming, emphasizing that the extremity of fiat money, including the U.S. dollar, is near. Noting that the USD “will die,” helium urged investors to bargain gold, silver, and bitcoin. His warnings came arsenic the BRICS economical bloc is discussing creating a communal currency that could beryllium backed by gold.
Robert Kiyosaki’s Giant Crash Warnings
The writer of Rich Dad Poor Dad, Robert Kiyosaki, has issued much warnings astir the U.S. system and the U.S. dollar. 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.
Kiyosaki tweeted Wednesday:
Giant clang coming. Fake money, aka fiat currency, to die. BRICS gathering successful S. Africa [on] August 22 to enactment nail successful coffin of fiat…fake money. Get into existent gold, metallic & bitcoin asap. Take care. End of fiat (fake) wealth near.
Earlier this week, Kiyosaki specifically warned astir the extremity of the U.S. dollar, citing reports that the BRICS nations (Brazil, Russia, India, China, and South Africa) are preparing to motorboat a communal currency backed by gold. Stating that the U.S. dollar “will die,” the renowned writer noted that trillions of USD volition “rush home” and ostentation volition spell done the roof. He besides stated that the terms of bitcoin volition scope $120K adjacent year.
The celebrated writer has persistently cautioned astir the downfall of the U.S. dollar, referring to it arsenic “fake” money. In contrast, helium has consistently expressed his content that golden and metallic are “God’s money,” portion bitcoin represents “people’s money.” According to him, these 3 investments are the most suitable choices for “unstable times.”
In a follow-up tweet connected Friday, Kiyosaki explained the caller surge successful the banal market. He wrote: “Why is banal marketplace taking off? Because ‘debt ceiling’ removed. Means nationalist indebtedness to emergence with banal market. Rich get richer arsenic America gets poorer. Sad. Sticking with existent wealth & existent assets: gold, silver, bitcoin.”
The celebrated writer has been sounding the alarm astir a elephantine clang for rather immoderate time. In June, helium warned of the greatest existent property crash “ever.” He besides believes that the U.S. system is headed for a crash landing. In February, helium cautioned that “everything volition crash.”
The Rich Dad Poor Dad writer is not unsocial successful foreseeing a important clang connected the horizon. Veteran trader Jim Rogers anticipates the most terrible recession and the worst carnivore market successful his lifetime. Economist Peter Schiff issued warnings successful May astir imaginable financial crises and depressions.
What bash you deliberation astir Rich Dad Poor Dad writer Robert Kiyosaki’s predictions? Let america cognize successful the comments conception below.
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