Robert Kiyosaki, skilled on investments and monetary training, additionally recognized for his basic ebook on private finance administration “Wealthy Dad Poor Dad”, has dropped a touch upon the present inventory market crash and what’s occurring to Bitcoin throughout it.
Referring to one in all his different books, Kiyosaki said {that a} prophecy concerning the largest inventory market collapse has come true after a few years, including that he maybe “mustn’t say this” in order to not brag about his prophecy.
Boomers don’t have any time for long run investments: Kiyosaki
Kiyosaki recalled one of many books on monetary markets he wrote after “Wealthy Dad Poor Dad”. The ebook “Wealthy Dad’s Prophecy” got here out in 2002 and in it, Kiyosaki stated within the tweet revealed at the moment, he predicted an incredible monetary disaster coming sooner or later. It could hit folks of his era the toughest, he stated.
I SHOULD NOT SAY THIS….as a result of it’s not COOL….to say….I TOLD YOU SO…. But I did inform you so.
In my ebook RICH DAD’s PROPHECY
I warned the most important inventory market crash in historical past was going to wipe out the monetary safety of thousands and thousands of buyers….particularly my era….…— Robert Kiyosaki (@theRealKiyosaki) April 4, 2025
He stated: “I warned the most important inventory market crash in historical past was going to wipe out the monetary safety of thousands and thousands of buyers….particularly my era…. THE BABY BOOMers.”
Nevertheless, the monetary guru provides that the market is relatively in a recession than a despair, which might be a silver lining on this inventory market crash. Kiyosaki’s present warning is addressed at folks from the Child Increase era, since, he said, they “shouldn’t have time to take a position for the long run in shares, bonds, mutual funds, or ETFs.”
Fed can resume printing trillions at “full pace”; Bitcoin is an answer
Answering his personal query about what might be accomplished right here, Kiyosaki said that the present “paper market crash wipes out thousands and thousands of faux paper property.” To outlive this difficult time, Kiyosaki recommends what he has been recommending for years—wanting past Wall Avenue property. This implies saving “actual gold, actual silver, and at the moment Bitcoin,” he defined.
Kiyosaki expects the US to begin printing cash once more (trillions of it), making the “pretend cash much more pretend”. Gold, silver, and Bitcoin are going up in worth, he stated, however not in value, although. The skilled believes that the Bitcoin value surge is an phantasm as a result of the US greenback worth goes down quickly.
“In case you nonetheless have “some runway left,” you might wish to save actual cash that are gold, silver, and Bitcoin,” Kiyosaki concluded his tweet.
